The URL can be used to link to this page

Home My WebLink About0209 To plac~ •nd contirwously ke~p on tM buitdinqs ~ow o~ here~tta ~itw?~ o~ said land and on a11 equipment and pawnally cove?ed by this mor~y- p~, with ~II prem~um~ therea? pa~d in full. fi~s insur~nce in ~M uswl ~~andud policy iwm, in • ~um ~pprovrd by Ihe MORtGAGEE, ~nd wind~tam iniw~~c~ i~ Ihe ~swl a~andard po1Ky tam, in • sum •pproved by Ihe MORTGAGfE, in uKh company or compan~es as ~he MORTGAGEE may i d~rK/1 ~nd all firo and w~ndaronn inturantt polkiei on u?y o( taid bvildmgs. ~ny int~roil Ihsrein w parl thercol, in ~M apgre~~te fum ~loreuid or ~ In ~xe~ss thc~~of, tMll contain tM uswl u~~dud mor~gaq~e ciauw a iuch oiher clauu ai IM Matyage~ may reqw~~, makinp eFa b~s unde~ sa~d polF cis~, e+ch ~nd ~ve~y, payabl~ a iaid MORTGAGfE ai it~ inrarest may app~ar, and eacA and ~vay ivch policy fhall b+ p~omptly a~i qned ~nd delive~ed ~o any held by said MORTGAGEE as fu~~Fur sccurity to sa~d mon9age debt, and, nol less than ten (10l dayi i~ sdvanca of the expiratwn of each policy, to de- liv~~ to iaid MORTGAGEE a ~enewal thereof, to~e~her wi~h a rece~pt fa the pr~mivm oi such renewal; end rhere shall be no f~rs or w~ndstorm insurance pla~~d on any of sa~d buitding~, ~ny Inter~sl there~n a parl thsreoi, u~lesi in tM fo~m and with tM lou payable at afaesaid; and in tF~ evsnt any ~um of money becpnes pay~ble u~det such policy o~ policies said MORTGAGEE fhall have ~he opt~on to reteive snd +pply Ihe same on accounl of the indebted- ne~ sscur~ hereby p ro permit taid MORTGAGORS to receiv~ and uf~ it p any parl therepf for othcr purposes, ~vithout th;rcu~ waivi~ig or unpair- in9 any eqv~y, lian w rigfit u~der or by vi~tw of this mort9ag~; and in the ~vent said MORTGAGORS shall (or ~ny ~eason fstl to keep ths said premises w ~ ins~red, o~ feil fo deliver promptly eny of said policiei of insurance to wid MORTGAGEE, or fail promptly 1o pay fully a~y premivm therefw w in any reipett !ai! b pe~fwny diuMrge, execute, effect, camplete, comply wirh and abide by this mvenant, a ~ny part hereof, sa~d MORTGAGEE may plice and paY for such iniurance or any parl 1Mreof withovt waivinp a affectirg any option. lie~, eq~iry, w right vnder w by virtue o( ~his Mwr9aye. and ths full amount of each ~nd everyr s~ch payment ~all be ~mmediately dvs and psysble ~nd ihall bear i~teres~ from the dats thereof umil paW at the rate al nine pe~ centum per annum and ~o~elher with such iroerest sF+alf be secured by ths lien of this rhortgage. ' 1. To p~rmit, tommit or auffer no waate, impa'ume~t or deterioration of uid p?operty or ~ny pa~t thereof. 5. To pay all a~d sinputu the cosN, cha~qes and expenses, includinp ~ rcasonable altaney i fee and costs of abatracn of tiNe, incur.ed or paid at eny time by said A1pRTGAGEE, because q in the evenf of the fai)ure on the part of ihe said MORTGAGOR to duly, promptly and fully perfam, d~scharg~, execute, e{fect, complete, comply w~~h and ab~de by eacfi and evay rhe snputat~ons, agreements, cond~?iwu, arxl covenan~: of sa~d prom~ssory note and ~his mat8age any or ei~ha, and sa~d msts, charyes and expenscs, each and every, shal! be irr~med'eately due and payable; whether a not there be notice dr mand, attempf to coltect pr tuit pendingj and the ful) artwunl of e~th and every suth paymeM shall bear inrerest from 1he dale thereof until psid at tFN! rare of nine per centum per anc~um; and all aaid cost~, cMrges ~nd expenses inturred w paid, together w~th such interesr, shall bs secured by the lien of this ~ mortpayt. b. That ln 1F?e eveet of any breach of this Nbrtgaye w default on the part of tha MORTGAGOR, or (b) in the event eny of said sums of money hereio referred to be no1 promplly a~d fully paid within th~rty (30) daya oext after 1he same seversfly becwne due and payable, withou~ demand or notice, ` or (c) in the event eacA and every the sripulations, agreements, tonditions and cove~anq o1 sa~d promissory note and th~s mortga9e any o~ eithe~ are oot iuly, prompNy and fully perfwmed, d~xharged, execvted, effected, completed, compl~ed with aod abided Sy, then in either o~ a~y such event ~fu sa;d ag gregate wm rrKnYaned in isid promiuory ~ote then remainirg unpaid, with interest xuutd, and al! moneys secured hereby, shatl become due and pay- ~ able forthwitA, or tIllfNI~N~ at 1he opt~on of said MORTGAGEE, ai fully ar.d comptete~y as ii all ot the said sums of money were orginally st~pulatcd to be pa~d on such day, anything in said p~omiuory note or in this Monyage to the conlrary notwithslanding; and therevpon or thereafter ae tfre option of said MORTGAGEE, without not~ce o~ demand, suit at Isw or in equity, therefore u thereai~er begun, may be prosecuted +s if a!I nwneys secured hereby had matored pnor ~o ~ts instit~tioo. 7, ihat in the event tMt at the beginning of o~ ~t any fime pendirg any s~it upon this Matgage, or ro fwectose it, or 1o refwm it, or fo enfwce paymeM o~ any claims hereunder, said MORT(3AGEE shall apply ro the Court havirxJ jurisdidion thereof for the appointm~nl of ~ Receivet, such Court sl+all forthwitb ~ppoint s reteiver of said mwtaaged property all and sirgulu, includmg all and singular the income, profits, issues and revenues from whatever source derivtd, each and every of which, it being expressly understood, is hereby mwrgaged as if specilicaily xl lath and dexribed in tF?e graming and ~ habendum clausea hereof, and such Receiver shall have sll ~he broad and ef(ective funct~ons and powcrs in anywise entrusted by ~ Cou?t to a Receiver, and s~ch ~ppointment sh~ll be made by xrch Caxt ai an admined eq~ity snd a mstter of absolute righ~ to said MORTGAGEE, ~nd wirhout reference to the adequacy w inadequacy of the value of the paoprrty morfgaged w to the so~vency or insolvency of sa7d MORTGAGOR a the defendants, and that iuch renrs, profits, income, issves a~d revmues al~all be applied by wch Receive~ scco~ding to the lien or equity of said MORTGAGEE and the practice of such Govrt. 8. To duly, prompNy and fully pe?form, discAs~ge, execute, effecb complete, comply with and abida by each snd every the stipuktions, agreements, conditans and covenant; in asid promiswry note and this morr9age ut forth. 9. That in the eveM the dwnership of the nw?tgaged premises, p any part thercof, becomes vested in a penon other th~n tF~e MORTCsAGOR, the MORTGAGEE, in successors and auigns, may, without notice to the JNORTGAOR, dea! with such successor or sutcessor in interesl with reference to this mortgsge and the debl hereby secured in the same manner as with Mortgagw witho0l in any way vitiating a dixha?ging the Mortgagurs' liability l~ero- unde~ or upw~ the debt hereby secured_ No ssle of the premius hereby mortgaged and ra iorlxarence on the part of rhe MORIGAGEE w its successon or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEf or its successon w auigns, shell operate ro release, d~scharge, modify change or affect the wiginal liability of the MORTGAGOR herein, cither in whole o? in part. ! i 10. It q specifically agreed that tiine is o( the esse~ce of this contract and that no waiver of any obligat~on here~nder w of the ob~gation sr cured hereby shall at any time fhereaftes be held to'be a waiver of the terms hereof a of the instrumeM secured herby. 11. In add.tio~ to the fwego:ng monthly payme~ts of princ'pal and interest required by the promiuory no!e secured hereby, moctgagor tovenants and agrees to pay to mortgagee with each momhly payrnent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-AI! ~eal property ts:es levied w assessed against the above described real estate. _ B-Premiumt, on fire and windstwm insurance as herein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premi~ms on such mortgage gvaranty inw~ance as matgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shatl from time to time ratify mwtgagor in writing of the amount due and payeble he~eunder and such ium shall Jhereupon be due and Fayable on the due date of the neat monthly payment snd each successive month thereafter ur.til mortgagee shall notify mortgagor of a thange in such amovnt. Such sums sF.all be applied by mwtgagee toward ihe payment of real property taxes, insurance prem:ums, and mortgage guara~ty insurance premiurttf. IN WITNESS WHEREOF, the said MORTGAGOR has lweunto xt his hand and al the day year first ~foresa' se'kd p`ese"`° of: FIIED ANO REC~RDEO~ ET.IUCIE COUN flA. ' a~ ROCER POITRAE CLERK CIRCWT COURT o ~a~ RECORO YERIFIED~~ - r~q ~ Noy 5 3 0l PM'TQ ~ STATE OF fIORIDA ~ ~o~?~,r ~ st. ~~~e ~ ~ 2CG5~.~ ~ e~rae me p..,auup ~ppearca Charle8 A. Beason and J• his wiie, to me well krwwn snd known to me to bs t the indiridwls described in arK! who execvted the fore~ar~Q instrument, and sckrwwledged befare me tF?at tlxy executed tbe yme 4p the purpose~ rhereir? exp~essed. And tF~e as~d J. B@880Y1 - ~ ti ~ii Y~~ . wife ~r t~ ~,~a Charles A. Baason :r .t..~a aw,~. examination by me taken separate and apart from her s~id husband, adcnowledged to ~nd befae me that she exe~1~ ~nd vo1~n. rarity and withovt any compu1sio~, constraint, appreF~ens+or~, p fesr flf or fram her said h~sband. ••rI~ w~in~ESS my 1?~nd a.d offiual ssal th~s 5th d,,, ~ Nave~ber F 19 . . ,•-lf~l~- ~ ~;s M~~• Notsry Public in alid ~ My Conxniuia~ ycpir' • Return Ta. ' • ' ~n fint Federal $aviny~ 3 los~ Assotiation ~ : ~_,i~ w Of Forf Ptierce. ~ ` fon pie.ce. F~o.;da ` . ; ;b ~ h ~y~~ . . .,.'~~~u~~in,.,,,. . _ This Inatrument Prepared By R1ch8T~d 1C. 1~Cay~p8 7~~~~ First ~ederal Savings b loan Association of Fon Pierce, Flo2•ida Checked By ~ . 800K 18~ PACE 2~ f ~ - ps . ~~;:k..~- ~ : ~ ~ ~"~~~.,~;~~.~z ~