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Home My WebLink About2163 To pl~c~ ~nd contiouously kHp on th~ buildinp~ now a Mr~aitN tiw~a oe sa~d laod +nd w? ~ii equipment ~nd pKSOOaIIy covered by this mwtp~ p~, with dl premiums thenon paid in f~li, fin insuranc~ in tM usuat sta~+dard policy fam, in a ium ~pprov~d by the MORTGAGEE, a~d windstorm Inw~ance in tM usual stsnda~d policy fwm, in ~ ~um approved by tM MORTW?GEE, in wch comp+~Y w car^P+^~es +s t1+~ MORTGAGEE may di~ec?t and +11 iir~ and wind~tum i~uranc~ policits on +ny of ssid bufldinps, ~ny intensl tFarein o~ put 1Mreof. in 1he +9qre~ate sum afaesaid o~ In ~xcess theteof. sMll ca+tain th~ vswl sfandard morr9a~ee tlw~ o~ such oifia claus~ ~a tM Mo~tys~e~ may ~equu~, mak?ng tM toss undN wid po1F cies, e~ch and ~very. paYabl~ ro said NIORTGACsEE ss in in~aest may appear. snd each and ~very such poliq thall be promp~ly au.yned and d~livered ~o ~ny htW by said 1NORTGAGEE ss fu~thtr seturity to ssid mortpa9~ debt, and, not Itss tMn ten (10) days in adv~nce of tFe oxpiration of each polity, to d~- IivN to wid MORiGAGEE ~ ra+ew~l the~wf. to~ethtr with a rauipt fw the premiwn of such ~enawst; and ~here iha11 be no fire w windstorm ii+surar?c~ pl~ad on ~~y of iaid buildings, ~ny interest thertin or put tF+~reof, unless in the form and with th~ lou p+yabl~ ss afwesaids a~d in tM ~vent ~ny wm of mon~y becwnes p+Yabi~ under wch policy w po~ici~ s+id MORTGAGEE sh~H Mw ~he opt~on w receive and apply the s+me on scco~ot of the ind~bted- neu secured heteby a M pamit said MORTGAGORS to ?eteiw ~nd us~ it a airy/ part thereof fw other purposes. wi~hout thr~eb/ waivi~~g a unpair- inp ~ny eqv;ty, li~n w ri9ht utder or by virtw of this mort~ay~t u+d in tM ~va+t uid MORTGAGORS sh~~l Iw any reason f~il to ktep the said preai~ses w iniwad. ot fai) fo d~liva ptomptly any of s~id polities of inwrant~ to s~id N10RTGAGEE, w fail promptly to pay fully any premium therefw ot 1~ any respM fail b pa(wm, diacl?irye, txecute, ~!i~ct, complets. tomply with u~d abids by this tovenant, a any pe~t hereof, said MORTGAGEE n+ay pl~ ~nd . pay fa such inwranc~ or ~ny W?1 tM~eof witho~t w~iv'u~p or ~ffectinp ~ny option, U~n, equity, w right under or by virtw of this Mortp~e, and the full unount of esch and every such payment shall bs immediately dw ~nd pryable u+d shall bes~ intaest from ths date thereof ~ntil paid at tM ~aN of nine per untum pa snnum and together with wch interest shall be sacured by tiN li~n of this maty~pe. 4. To pKmit, oanmit or ivffer no wuts, imp+ument or deterioration of said property or any part thereof. S. To p+y dl ~nd si~gulu tM coats, clwy~s aod expemes, indud~rg • re+s«++bb attoreiey's fee and oosts of ~bstracts of title, iruurrad a p~id ~t any time by said MORTGAGEE, b~cause o? in the twot of the failure on the put of tM said MORTGAGOR ro duly, promptly and fully perform, d~stFwr9R execute, ~if~tt, compkt~, comply with and abids by each and avery the st7p~rlat~«?s, agreements, co~ditions, +nd covcnann of said promissory not~ and thu mortgag~ aMr w ei~her. snd sawl cosn, chupes and eapen:es, each and every, sMll be immediately dw and payable: r+hetF+e~ w not tF+er~ be notice de~ mand, attempt to oollect w wit pendin~; ~nd tM full amo~nt of esch and rvery wch payment shall bea. interest from the dats the~eof vntil p~id at the rate of nino per centum per ~n~wm; ar+d all said cosls, charges and expenses hxvrred or paid, together with s~ch intereit, ~II b~ sacured by tM lien of thif mortya~~. • 6. 71»t (s) in tAe event of any bre~ch of this Nbrtys~ee w defa~t~ on the paA oF the MORLGAGOR, w(b) in ths eve+~t ~~y of ssPd sums of ma~ey herein referred ro be not pranpNy and fully p~id within thirfy (30) days nex~ ~fter the same severatly become d~e and payable, withovt demand w notice. or W in the eveM eact. and every the stipulations, agreemenri. conditions snd covenants oi uid promissory ~?ote and th~s morlg~ge any a either u~ no1 ~uly, promptly snd fully performed, d~scharged. executed. ~ffscted, comp{~ted. complied with ~nd ab~ded by. then in either w ~ny such ~wr?t tM ~aid ~g gregate wm mentar?ed in said promiuory ~ote then remainirg unpaid. with interest scuued, +~d all moneys secured hereby, sh+ll becant dw and pay- able f«thwith, or thereafte~, at tFa option of said lNORTGAGEE, u iully snd compktely ~s ii afl of tl+e wid sums of money were or~pinally stipulated ro be pa~d on such day, anything in sa+d promiuory eote or in this Mortyage ro the contruy ratwithstsnding; snd thareupon or Iheraafter at tM opti.x~ of said MORTGAGEE, without notice or demand, suit st law or in puity, 1F1t?lf0~0 Of thl~NhN begun, may be ~osec~ted ~s if all rtarays sewred hareby had matwed prior to in instirution. 7. That in the event that at the beginning of or at any time pend'ing any wit vpa+ this Mwtysgs, a to foredose h, or to rofor~n it,- w to Mfwa paymeM of any claims he.e~nder, said MORTGAGEE shall ~pply to the Court Mvinp jwisdician ~hereof fc the sppointmsh= c=f a Receiver, such Court sh+ll Fwthwith sppoint a receiver of said mortgaged property all +nd sirgvlar, includ~og atl and singulu tF~e income, profits, iuues and rorei+ues from what~ver w~rce derived, each and every of which, it bei~g exprruly vnderitood, is hereby e+wtgaged as if specilically ~t iath and dewibed in the ~ru?tiap ~~d habendum clauses hereof, and such Receiver shall have a8 the broad and effecrive funct~ons and powai in s~ywise entr~sted by a Court to ~ Receiver. ~nd such appointment shall be made by such Court as an admined cquity and s m~tter of absolute right to said MORTGAGEE, ~nd wi~hout reference to th~ edeqvscy w inadequacy of the value of the properry mwtgaged w to the solvency or insolverKy of asid MORTGAGOR or the defendanb, snd that such rents, profin, income, iuve~ and revenves shall bs applied by such Reoeiver sccord~ny to the lien or equity of said MORTGAGEE and the practice of such Co~rt. 8. To duly, prompHy snd fvlly perform, disch~rg~, execute, effect, compkte, comply with ~nd abide by ssch and evety 1M stipulations, syreemenfs, conditans and covcnants in ssid promissory note and this mortgsge set forth. 9. That in tiro evtM ths owrxrship of the mortg+yed premises, or any psrt thereof, becomes vested in a person other than the MORTGAGOR, tM MORTGAGEE, its successors sn~ auigrn, may, witho~t notice to the MORTGAOR, deal with such successor w successor in iMerett with reference to this mdtgsge and tF+e drbt he+eby secured in the same msnner as with Mwtgsgor withovt in any way vitiatirg w d~schargirg the Mortyagws' lisbility here- u~der or ~pon the debt he~eby secured. No ssle of the premises hercby mortgaged ~r+d ra forbearance on the part of the MORTGAGEE or iri ~uccesson or assgns and no ex~e~seon o( the time fw the paymem of the debt hereby secured given by tl~e MORTGAGE£ or in successoa w assigro, sl?+II operat~ ro nleaae, discharge, modify change or aifect the aig~nal li~bility of ths MORTGAGOR herein, either in whob a in p~rt. 10. It is spec~fically agreed that tune is of the esunce of this contr~d and that no wirve~ of any obligation herevnder or of th~ oblgstion sa cvred hereby shall at any tune thercafter be held to be a waiver of the terms hereof w of the inst~nt secured herby. 11. In add~tia~ to tFie (orego:ng monthly payments of princ"pal ard interest required by the prom~uoty note secured he~eby, mortgagw covenants and agrees to pay ro mortgagee with exh monthly payment an addiiwnal sum estimated by mortgsgee to be eqval to 1/12 of the an~ual cost of the follow- ing: ~ _ ' . A-All real property taxes (evied w assessed against the above dexribed real estate. ' B-Premiums on fire and windstwm in~ur~nte as herein requ:red to be urried on.the improvements sitwte on the above described p?emises. C-Premiums on such rtsortgage guaranty insurance as mwfgsgee shall from time to time deem fit to carry on the losn secured hereby. 'I Mortgsgce shall from ti~ne to time notify mortga9or in writu~g of the amount due and psyabk hereu~der and suth wm shall tl?ereupon be due and payable on ti~e due date of the ne:t monthiy paymeM and each suttessive month thereafter until morfgsgee shall nofify mortgagor of a chan~e in suth j amovnt. Such wms sF.all be applied by mortgagee rowsrd the payme++t o4 real property tsxcs, inwra~ce prem:ums, and rtwrtgaye guaranty inw~~nce ~ premiums. • - IN WITNESS EREOF th aid MORT6AGOR has hereunto set his hacid snd seal the day and r first aforesaid. ' ead. Sea an e ~ i ofi ~ ~ ~ . ~ ts..~ STATE OF FLORIDA sr, wcie ~ ss- - ~ eoterm oF eefore ms personally sppearcd George M. T.@ilj/ ~ 3? 1?~d01i!! 7j~C ~ ~to me well knovr~.~ ' b ms to M the individw~ desvibed in snd who execvted ths fwepoinp irotrument, ~nd ackrawkdped befors me that ~hei execyted' ~a~ th~'pwposes - : 1C ; ?n.?~~ ~.~a. - - ~ ' ~ _ ~ •w..- 1 7 T~ October -:1'"~'~; `o?=`~~~'•; 69 WITNESS my Mnd and official seal thk y . . _ C.. • ~ /r`J~{/ JA~y~1j~. ~~,5~.~,~ _ ~Z._~~l j s~.. . ~-`_F~ 1~?•~ I Noury Public in snd fw ihe Sis1~ di.f~i4~~~#'~+F~if ~ 1' Retum Ta. . • MY ~iJ N1`~u nG{~U~SV~B'l'~ti=t.;~ • ~ ~~i s~~~,g, a ~,a;,t;«? S LUCIE COUNTY, FLA: " ` Of Fwt Pierce. ~!~CO~`? VER!FIED P~.a, F~a~. 184930 - ~ ~ '69 OCT 2 8 PM l2 : 5 9 r J. D. Chastain ~ l~' This Instrument Prepn ed 8y First Federal Savi s E~ loan Association ~ - ~ Rlorida i:C~~--Cn ~ ~1 RA • of Fort Piercer CLERK i,fRCU1T COURT' Checked By ~ooK180 ~~2~60 ~ h~~. ~~X 1 E ~ - - - - - - - m. ~.~~~.r _ ~