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Home My WebLink About0048 . ~ r~ ' . ! i 3. To plac~ and contin~ousy ke~p on tM buitdirgs now or Mreaft~? sitva~~ on ssid land and on all equiprKnt and penorully cove~ad by this mat~ with ~it premiwns thereon paiti in full, firo inwranc~ io the usw~ sta~dsrd policy fam, in -a sum ~pprovcd by the MORIGAGEE, and windatwm i~uur~nce i~ the ~swl seandsrd pot~cp (am, 7n i sum approved by the M~ORTGAGEE, in wch comP~ny w companies as ~ the MORTGAGEE may dindi ~nd ali f'u~ ~nd windstorm inwruwe policies on any of s~id bvild~nps, ~ny interost thsrein o~ p+rt thereof, l~ the aQg~eg+te wm ~foresaid a E tn exceu theroof, shsll contain the uwil standard mortysqee clauss a svch othar ciaus~ ~s the Mort9a9ee may reqvire. makin~ the lou.under ssid po1F i cics, each and every. psYable w said MORTGAGEE u its intere:t may app~a?. and each and every ivch policy shalt be promptly ass:y~cd and delivered to - any held by :aid 1NORIGAGEE as funher security to said mortyage debt, ~nd, ~ot ks than ten (10) dayi in advsnce of the expir~tion of each policy, fo dr liver to said MORiGAGEE s renew~l the~eof, top~tl?K with s receipf fw the pramium of such renewal; and there shall be no firo w windstwm insuranq placed on iny of said b~ildings, any interest thareen or part thereof, unku in the fo?m snd with fh~ loss payable u aforesaid; and in ths evtet any wm of mp~sy becoines payable under uxh policy w palicies said AhORTGAGEE i1?sll have the opYan to receive and apply the ssme oo acra:nt of Ifie ind~hted- neu ~etvted hereby or to permit said AAORTGAGORS to reteive and vss Ft or any parl thereof fw other purposes, without thz~eb~ waivi~ig or ~mpair ing any equity, iesn or right under or by virtve of this morsya~e; and in the event wid MORTGAGORS shall for any reason fail to keep the ~id premises so insured, or fail to defiver ptomptly any of said pol+des of insur~nts to ssid MORTGAGEf, or fai! promptly to pay fully any prcYnium tlxretor or in any respect lail to perform, dischuge, execute, effett, complete, comply with and ~bide by this covenant, or any part heleof, said MORiGAGEE may pi~ce snd PaY for :uch ir?w~anc~ or ~ny part thereoi without waivinp o? ~ffettSn~ any optiw~, lien, equity, or right ~nder or by virtue oF this Mortgsge. ~od ths full artwiM! of tach and every suth psymeat shsll be imrnediafely dve and payable ~t~d shall bear iMetest from ths date thereof until paid ~t ths rate of nine per tentum per annum and tog4ther with wch interest shslt be secvred by the lien of th~ mwtgage. : 4. To permil, commit or s~ffat ra waste, impairment w dcte~ioration of said property or ~ny p~rt thereof. 5. To pay all se~d siriqvtsr tl+e co~ts, chargea and expe~?ses, incl~ding a ressa?~ble ariwney's fee ar+d co:ts of abstrscls of titls, incurred w p~id at a~y time by said MORTGAGfE, because or in the event of the tailw~ on the pah of the said MORTGAGOR to duiy, promptly and fully perfurm, di~charge, excc~te, elfstf, complete, comply with sod abide by each a~+d every the stipulat;ons, agreements, conditions, and covenants of said prom+ssory.note and this ~ mortgape any or either, and ~a;d costs, chugea and expenses. exh and every, shall be ~mmediately due and payable; whethe? or not ihere be ~orice de msnd, attempt to colktt or wit per~ding; and the full anwvnt of ~sch and every suth paymeet shall 6ear interes~ from the dste thereof u~tit p~id at tht rate of nine pet certtum per aruwm; and all said cosri, thsrgei and expenses incwred ot paid, toget~ with suth imeresl, shall be setured by tF~e lien of thu - - 6. 7Mt (a) in the event of any bresch of thts Mortgsge w default on the part of the MORTGAGOR, or (b) in ti~e event any of said swns of money htrein roferred to be not prompNy snd f~lly paid withi~ thirty (30) dsys next afte~ the same severatly become due ar?d payabls, without dertw~d a notice, or (t~ in the event rach and ~.~sry the stipulations, agraemems, co~ditions and tovenann of sa~d promiuory ~?ote and th~s mwtgage any or eithei _ ue not iuly, pranPNy and fully perfwmed, d~sclwrged, executed, effected, compl.ted, comp~ied wi~h and abided by, then in either or any such event tFa s~id sp- gregate wm menrioned in said promissory note thee rert?aining unpaid, with interest acuued, and all moneys secured hereby, :hall becane due end pay- able forthwith, a thereaiter, at the oprion of said MORTGAGEE, u fully aed compktely as if all of thc said wms of money were original(y stip~latcd to be paid on such day, anything in said promissory note or in this Matgage to the tomrary notwithstsnding; and the?e~pon w thereafter at the option of said AItURTGAGEE, without nolite w demand, suit at law or in squity, therefore o~ thereaher beg~n, may be prosecuted as if all moneys secured hereby had matured priw to ;h institution. - 7. That in the event that at the begianing of.w at any time pendirg any wit upo~ this Matgagc, w to fo~ectose it, a to raform it, or to enfwo~ paymertt of any daims hcrevnder, said MpRTGAGEE shatl spply ro the Coun having jurisd„ctlon thereot for the ~ppointment of a Receiver, suc}, tourt sF~all fathwith eppoint a receiver of said mortgaged prooerty all and singubr, i~cludmg all and singular the income, profib, iuues and revenues from whatever wurce derived, each e~d avery of which, it being expressly understood, is hereby mortgaged as ef speufically set fwth and described in ttx granting arxl hahendum dauses l+ereof, ~nd svch Receiver shal! i~sve all the lxoad and effective funcuom a~d powers in anywise entrwted by a Co~rt to a Receive~, and svch appoi~tment shall be made by such Court as an admitted eqvity and a matttr of absolute rigM to said MORTGAGEE, and wi~hout reference to the adequacy a inadequar~ of the valve of the property morfgsged ur to the wlvency or insolvency of said MORTGAGOR w rhe defendann, and that such ~ rents, profits, incorr~e, iuues and reven~es shsli be applied by such Receiver according ~o the lien or equity of said MORTGAGEE and the practice of :uch Court. ~ 8. To dvly, promptly snd fuly periorm, dischargc, execute, effect, mmplete, comply with ~nd ab~de by each and every the stipulatians, agreements, conditiorq and covenaros i~ said promiuory note and this mcxtgage set forth. 9. That in t1~e event tiwt ow~enhip of the mortgsged premises, o. any part the~eof, becomes veated ie a pason other thsn the MORTGAGOR, the MORTGAGEE, its successors and sugns, may, wifhout ~otice to the N10RTGAOit, deal w+th sucA wcceuor or successor ~n interest with reference to this matgage and tlxr debt hereby secu~ed in the same manner as with Matgagor without in s~y way vitiatirg w discharging the Mortgagor3' liability hera under d upon the debt hereby secured. No ssle of the premises hereby mortgaged and oo fwbearance on ehe pa~t of the /JIORTGAGEE w its successora or auigns and no exrension o( the time fw tlx payme~t of the debt Ixreby secured given by the I+hORiGAGE~ or in successors or assigns, shatl operate ~o release, distharge, modify thsnge or affect the original liability of the MORTCaAGOR herein, either in whole w. in part. 10. N a spec~fiwlly agreed ti?at time is of the essence of tha contract and that eo waive~ of any oblgat~on hereu+xkr w of the oblgsYwn se- cwed hereby shall st any Yune theresher be held to be s waiver of the terms he~eof p of the instrument secured herby. 11. In add~tion to the forego'ng monthiy paymants of prirK pal and interest required by the promissory nore secured hereby, mortgsgor covenants and agrees to pay to mortgagee with each monthty payment an add~rior~al sum est~mated hy mortgagee to be equal to 1/ 12 of the annval cost of the foyow- ing: .t~ii111~t/~j~ " - A-All real property tsxes levied or assessed against the above dewibed real estate. ~ ~rij~~~ B-Premiums on /ire and windstorm i~wrance as herein requ~red to be carried on the improveme~ts situate on the above desaibed ~ •:.~•r~' ,j'~i` C-Premiums on such mortgage guaron msurance as mo~t ry eF_~~-- % ty ' mo gagee :hal1 from Gme to time deem fit to car on`the foan ~cured I~r' t--. j„r;.'.;i~ Mortgagee afiaU from time to time notify mortgagpr in writin9 of the amount dve and_paYsWe hereurxle~ and such sum shall ~ ~ i• payable on the due date of the next manthly paymeM and eacfi suctessive month therA'ffer'ur.tit mortgagee shall notify mortg ip[` amount. Such sums shall be applied by mortgagee toward tFx p a~:~aent of real p r o p e r t y taxes, insurance p r e m:u m s, a n d m w t~~p~', " premiurra. `~'"i..,+:.ir • C : IN VIfITNE55 WHEQEOf, the said MORTGAGOR hu herevnto set his hsnd arw! seat the daY `a`nd ar fint aforesaid. J'~~ . d~t~~ered M d+e pr~~oe of: -..R~.'El~ii, RAL'T:TST..SHUK OF FORT P 1sRCE~%~~~%.~1iC. _ Qic > 1 t~ r L tJ ~-t i ` : ~ .T. - ' . :Pa: CJ_f;a~'_'~STAt~9P ~f i:1 ~ - - 2xustee q ~ ± Txnstee + -_~'~a 3 ~ STATE Of FLORIDA R~~FA = 8 7 5~ _ 4133 s . COUNTY OF St . t l1Gle sefooe ms peeswWuy.pp.,.ea G ar Craw# ~~u D id o Tsustti,i~ ~f ~iethel Baptist Church of Fozt Y ..~~i•j+:f;:= ~ ' ~ •~~it~K~, to me well knowrt ~nli 1q~. ~r;,11~ ttf~be the i~dividwb described in u~d who sxecufed tF?e fore9oirg instrvmant, and acknowledged befo~e me that tl~ey executed ~fis ywd~; ~;~i~1~~ifjjpNs . ^ ~ therein ~xpessed. ~wr#w - • ~ .fi16=A ~l1l~ifi ' . ` • , • wc«~rntiaa~y ~w.tdw+.~e~a~sls.~i ~rnr iww iwr~ii iwbw+~ ~kws~i~l0e~ ~o.w~ ~f~ +n~ N~t.*~ wwwNi wi~~~~~r~y~~ - Ar8¢ a.~i:wY~w? ~n~r ~Y,ir~ +o~~ni~r~. ~M~erio~'w ira ~f.as iw ir ~aid.Y~~~d. " ' , 6~ •~i O+ ' y WITNESS my hand and official seal d,:: ~ ~J~ ~y ~ . ~/'•i ~ 19 0 R ` ~ ~ ~ i~~~ 600K PAGE 49 . • F" 4' Notsry ivb' n ard fw the al!'o{• . , _ _ _ _ . _ MY Comrn" expires: ,ji. ~l.'. . . _ ~ _ " _ . _ ~ ~ ? _ Y_ _ ~.~__._...'~....MA.A'~ > . _ . _ _ _ ~'~Y ~ M A~~ fiYc rr _ _ - ._~c~~y~~_.~._