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HomeMy WebLinkAbout2281 ~ ~ To plac~ ~nd conHnuo~sly ke~p a? th~ buildinps now w he~eafiN sitwt~ en said laod and on all eq~ipment and p~?sonally oovend by this matq~ p~. with all premiurra the~eon pa~d i~ fuil, ilr~ insuranu in tht uiwl ttandad policyr form, in a:um ~pproved by tM MORTGAGEE, ~nd windttorm i~uu?c~ In th~ ~nwl standard policy fwm, in a ivm ~pprovtd by ~h~ MORTGAGEE, in wch company or canP+ni~s a th~ MORTGAGEE may dinctt and ~II fir~ and winditorm insur~~ policles on ~ny of said buildinps, a~y intK~s1 tiwein w p+n 1Mreof, M Ihe ~pyre9~t~ sum afu~ssid o~ In ~xcess 1her~of, sMll conuin the uswl stu+d+rd mortya9ee clws~ w such otF~u clauss u tl,~ Matpaye~ maY roquin. m+ki~p tM toss w~dN uid poli~ ci~s, each and every. p+Yab1~ ro said MORTGAGEE as its interest m~y app~u. and ~ach a~+d evay ~uch pol'~cy ~F+~II be promptly ass:9~ed +nd deliv~red to 4 ~ny Mld by said MORTGAGEE as furtM? uwrity to ssid mortys9e debt, and, not less ~F»n ter? (10) days in +dwnce of tM ~xpiraYan of ~sch polky, ro d~- IivN to s+id MORTGAGEE s renewa' thetwf, toptthtr with a roceipi fw tM premivm of suth renewal; a~d then shall b~ no fir~ o~ windstorm inw~ant~ pl~pd on ~ny of said buildinQs. ~ny i~terest tMr~in or pa.t theroof, ~nku in the form and with tM loss pay~ble u atoresaidr ~~d i~+ the ~vent ~ny iuT of mo~y becanxs p~y~bl~ vndtr such policy w policas wid MORTGAGEE shall !?~w tM option ro receive and spply Ihe same a? account of tF~e irxlebted- atss s~cured hsreby a to permif taid MORTGAGORS ro reteiw a~d ua~ it a any part thereof fa othcr pwpwcs. wi~hout the.eb~ waivi~~y a impair- inp any puity, liu~ or ripht w~dsr or by virtw of tha matpaye; u+d in th~ evei+t said MORTGAGORS shsli ta ~ny reaion fsil ro keep tM said premites so lnwred, or f~il to d~liva prompHy any of said policip of insuranc~ to ~id MORTGAGEQ w fail promptiy to pay fully a~y premium therefor o~ in any re~pett fail to pMfonn, diuharys, exetute, ~ffett, compi~te, compiy with snd ~bide by this tovenant, w aey paN Mreof, said MORTGAGEE m~y pl~ and pay for such imuru~ or u?y put thereof witho~rt waivinp w aifectinp a~y optipy lien, eqvity, or rigM under or by virtw of thi~ Mor19a~, and tht full ~mount of ~ach and ~wry wch paymeM sh+ll bs immcdiately dw ~nd payable and shall bear interest from ths date theroof until paid at the ratt of ni~e per ce~tum ptr annum snd toyether with such interest shsll be secvred by the lie~ of this mwt~sge. To permit, oomnJt a wffer no wute, imp+umero or daterioratan of said properry w ~ny put thereof. S. To pay ~II and sirgulu the cosb, char~es and expens~s, includinp s nvsonsbk anorney's fes and costs of ~bstracts of title, inc~rred or paid ~t any time by said MORTGAGEE, bscause or in the evam of the failwe on the p+N of tM said MORTGAGOR to duly, promptly ~nd fvlly paform, d~xh+ryR execute. ~iF~cl. oomplet~, comply with and ablde by each snd every the stip~lations, sgreemenb. condieions, and aovenann of said prom~uo.y no~e and thu mortyaye any or e~ther, and said costs, charpes and expenses, e+ch and eve~y, shall be immediately dus and payable; whether w not thert be n~tice da- mand. anempt ro oollect w wit pending; sod the full smount of each and every suth payment shalt bear interest from the date thtreof until paid at tF?e rate of nine per centwn pc+ an~wm; snd all said costs, ch+rgea snd expenses i~xwred or paid, togeiher with :uch inl~rasl, shall b~ sacured by the lieo of thw 6. llwt in the ~veM of any breach of this Mortyaye or defaul? on the part of the MORTGAGOR, w(b) in ths event any of satd svms of ma~ey herein rsferred to be not promptly and fully paid within thirty (30) days next after the same xve?atty become due and payable, witho~rt demand w notite, or W i~ tM eve~t ead+ ~nd every the stipvlations, sgreemenn, cond~tions and covenanta of sa+d promisaory no~e and ~h~s mortyape sny or either are no1 iuly. promptly se+d fully performad, d~scharged, executed, effected. tompleted, complied with and abided by, then in e~ther or any such eveM the said sg greyat~ wm mentioned in said promiuwy note t1~en remaining u~paid, with imerest accrued. and all moneys secured F?ereb~, shall becom~ due ~nd pay- able forthwith, or theresfter, at the option of said MORTGAGEE, as fully and completely as if all of the iaid wms of money were orgin~lly stipubted to be paid on such day, anylhing in said promissory note or in this Mortgsge to the contrary notwifhstanding; and thereupon w thereafter at the option of faid N10RTCaAGEE, without notKe w demand, wit at law or i~ puity, therefore o? thereafte~ begun, may be prosecuted as if all maroys secured hereby had matured priw to in itutitution. 7. Th~t in the event that ar thc begin~irg of or at any time pe~+ding any suit upon this Mortgege, or to foreclose it, or to ~efam it, q to enfwp psymem of any claims he~eunder, said MORTGAGEE shall apply fo the Coun having jur~sdrctia+ thrreot for the sppointment of a Recciver, such Co~rt shaQ ~ fwthwlth ~ppoint s receiv~r of said mortgaged property all and sir+gul~r, includ~rg all and singutar the irtcome, p~ofits, iuues and revenves trom whatever ~ sourc~ derived, each and every of which, it txirg expressly understood, is hereby. mortgaged as if spec~fically set fwth and dewibed in the pranring and ( habendum tbvses hereof, and such Receiver sF?all have all the kxoad and effective funct~ons and powen in anywise entrusted by a Co~?t to a Receiver, and i such appointment shall be made by such Courf as an adrnitted equity and a matter of absolute righl to said MORTGACaEE, and without roference fo the j adequacy ot inadequacy of the wlve of the property mortgaged or to fhe solvency or insolver?cy o~ u~d MORiGAGOR w the defendann, and that such # rems, profib, income, iuues and revenues shall be applied by such Receiver accwding to the lien w puiry of said MORTGAGEE and the practiu of svch ~ Cwwf. g. To duly, promptly and fully perform, discharge, execute, effect, complete, compty wlth and abide by each and every ths stipvlations, agre~menri, ' conditaro and covenants in said promiuory note and thia mortgage set fath. ~ 9. That in the event the ownenhip of the mort9sged premises, or any part thereof, becomes vested 'm + person other than the IYIORTGAGOR, tM MORiGACaEE, its successors and auigns, may, without notice to ~he MORTGAOR, deal with such svcceuor ar successw in interest with reference to this ~ mwtyspe aod the debt hereby secured in the ssme manner as with Mortgago? without in any way vit~•tinp a d~schargi.~g~the Morryagors' liability herr ( under or ~pon the debt hereby secu~ed. No sale of the F?emises hereby mortgaged and ~o forbearance on the pan of the MORTGAGEE w its sutceuors I w assigra and no extension of the time for the payment of tF~e debt hereby secured given by the MORiGAGEf or its successors or suigns, ~hall operat~ ro releast, dixharye, modify change or affett the original liability of the MORTGAGOR herein, either in whote a in part. 10. It h spedfically agreed thst iime is of the essence of this contnct and that no waive? of any obligat~on hereunder or of the obtipatan se- erred her~by shall at aoy time thtreaher bt held to be ~ waiver of the terms hereof or of the insrrument iecure~ herby. 11. In add~rion to the fatgo:ng monrhly payments of princ'pal and interest required by the p~om~ssory ~o?e sec~red hereby, mortgagor tovenanq and sgrees to pay to mortgagee with each monthly payrnent an addi~ional sum estimated by mortgsgee to be eqval to 1% 12 of the annusl cost of the follow- ing: A-All real property tsxes lev~ed w assessed against the above desvibed real estate. , B-Premiums on fire snd windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above descri6ed ptemises. ' C-Premiums on such mwtgage gwranty insurar~ce as mortgsgee sha{I from t~me to time deem 1it to carry on the loan secured hereby. ~ i Mortgagee sfiall frem time to time norify mortgagor in writing of the amount due and payable hereu~der and such sum shall thereupon be due and ~ payable on the due date of the ~ext monthly payment and each succesaive month thereafter ur,til mwtgagee shall notify mortgago~ of a char?ge in such ~ amovnt. S~rch sums shall be applied by mo~tgagee toward the p~yment of real p~operty ta:es, insurarce prem:ums, ~nd mortgage yuaranty intur~ncs s premiums. [ IN WITNESS WHEREOf, the said RTGAGOR h~s hereunto xt his hand a~d sesl the day ard ye oresaid. ? ~ Se livered in presente of: ~ / / / v ~~C l q ness c ar . s n s..~ nass . tc~eyes n STATE OFfiOAIl11~ `~~~f'~'1 • F~~,~:t~( ~ ~ . couNn oF Richard Q. Keyes ~ ~ j„~ e.to.. n,. p.n«++tt ...d , - ~ , ; i I~a~. yes i hi. wit., ro me we~~ t~wwn ar+d~~+v+tvn +:vn.~i0•b~~ tM i+~dividwh desc?ibed in and who ~xecut~d ths foreyanp irut~ument, ~rd acknowted~ed b~for~ m~ tFut tMy ~xecuted thr }iMt~ fw ;f~ ~irpo~st ~ e~rein ~:pressd. Md th~ u' Ida F IC! !f ' ~ R C~1aZd Q• ab' ~id ptiv~N ~ vuif~ of tM s~id ~yts vP~ ? MD~ ~ i •=+minatwn bp en~ taken s~par~t~ and ~p~rt from her ~aid hwband. ~cknovvledQed to ~nd b~fwe mt tMt s executed said ien~y~itt f~ ~vo~w? 1 t~rilr and without a~r compulsior+, co~s~raint. ~pprei»ra~on, f~x of o~ from her said lwsband. ~ e f v WITNESS my h~nd and official wal this ~ da o~ Jul ~'^,.~R,.~9 69;"~ " Y • , ? r ' Notary Pu in a~d fw tM St~t~ oF ~t LWp~ My ~o+nn+ •~pi...: C o N N. r R~twn Ta fint F~d~wl Sav'aps i loan Iusociat~on ~~~ApRL 1.1l10 Of iwt P~erce. j . fwt Pwrct. F1w~da ~ fII.ED ANO RECOROEO',__ ~ ST. IUC~E COUNTY. Fl.A. This Inst~ument Prepared By J. D. Ch~?staie aF.CORD VERIFIEO ~ first Fedt~al Savings 3 loan Association - of Foh Pierce , R2~ida ~ Jul , S ~ e; S~ 7 Chedced By ~ Ct.,.~~-~ ~ KOGER POITRAS ~ CIERK CIRCUIT COURTi ~ ; , ~ ~ ° e 7~ w~ ~ , ~ . _ eoo~ 1 ~ - ; ~ ~ J ~S ~.d w~.~....__ ~ _ , .