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Home My WebLink About1789 ~ 3. To place and continuously keep on ~he bu~'J~ngs now on c~reafter ~~tuate on sald land and on all equipmem and personally cove~ed by this mo~ sge, wi~h all premiums thereon pa~d in 1ull, fhe insu~encc m the vw~l stand.+rd potity lorm, in a wm approved by Ihe MORiGAGEE, and windsto ;nsurante in the csuai standud po~~cy fo~m, in a wm approved by the MORiGAGEE, in wch company o~ tompanies as the MORTGAGEE m d~~ett; ~nd all firo and w~nd~torm insurar,ce po~icies on any ot sa~d build~ngs, any in?erest therein or part thereo(, in the aggregate sum aforesaid in excess ~hereof, shall conrain ~he usual stanciard n,or~gagae clause or such o~he~ davse as ~he Mo+tgagee may requ~rs, makin9 the los~ under sa~J po i c~es, each and every, payab!e ro sa~d MORTGAGEE aa ~ts mterest may appear, and each and e~ery such po~~cy shall be prompHY ass gned and de~ivered ~ eny'held by said MORIGAGEE as (urther secur~ty to said mortgage debt, and, not tess ihan ten (10) days in advance ol ~he expiration of each poGCy, to d~ I~ver to said MORTGAGEE a rr~~ewal thereof, loge~her wuh a receq;l fa~ Ihe p~c~~~um of such ~enewal; and there sl~all be no f~re or windstam in~uranc plated on any o1 said buifdirx~s, any imcrest therem or part thereof, unless in the torm and with the loss payable as a(oresaid; and in the eveM any sun of money becomes payabte under such policy w poGcies said MORTGAGEE sh~ll have the op?~o~ to rece~ve and apply the same on atcount of ihe indebted ness secured hereby or to permit sa~d MORTGAGORS to receive and use it a any par~ therrof fo~ oth.~r purpoies, v.~~hout th~r<b~ waiv„i~ o~ ~~~~p.~~~ ing any equ~ty, lie~ or righl unckr or by vi~~ue ot this rror:yage; and in ~he event sa~d MORTGAGORS shat) fw any reason fail to keep the said p~emis~f so insured, o~ fail ro deliver prompUy a~y ot sa~d poLcies of inSUrd~KC to said MORTGAGEE, or fall promptly to pay fully any premium therefw w in any rosprct fail to perform, discharge, execute, elfecl, complet~, comply with a~d ab~de by th~s cove~an~, or any part hrreoi, sa~d MGRTGAGEE may p~ace and • pay for such insurance o~ any part Ihrreof without waiving or affecting any option, lien, equ~ty, or ri~ht u~det a by virfue oF this Matgage, snd the E f~ll a~nounl uf each and every such paymant shall be iminediately due and payable and shall bear imerest from the date thereo( until paid at the rate o1 ~~ne per ceNum per annu+n and to~e~h~~r ~~th such int~rest shaf~ Ge xcured by the lien o( this moetgage. 1. To permif, commit or suffer no waste, im.pairment or deterioralion o1 said property w any part thereof. 5. To pay all a~d singulai ~he tosts, chargea and expenses, including a reasonable attorney's fee and cosls of abstratts o( title, incurred or paid a1 any time by said MORTGAG'.E, because o~ in ~hc event oi the faifurc on ~he part of the said MORTGAGOR to duly, promp~ly and fulty porfwm, diuharge. execute, ef(eU, complete, comply w~th and ab.de by each and rvery the stip~lanons, agreements, conditiorts, and covenan~s oi sa~d promissory note and thi~ ~~ortgage any or either, a~ul sa:d costs, charges and expe~ses, each and every, shall be immediately due and payable; whether a rwt thefe be notice dr mand, attempt to collect or s~i~ pendmg; and the full amouM of each and every wch payment sh~ll bear iNCrest from the date the~eof until paid et the r~~e o~ nin~ per centu~n per annu~r and all :aid costs, charges and ex~~enses ~rxurred or paid, together w~th such interest, shall be secured by the lieo 01 thif mottgage. 6. That (a) in the event of any breach of th~s Mwtgage or dcfautt on the part of the MORiGAGOR, or (oy in the event any of said sumi of mo~ey herein referred to be nol promptly and tully paid within th~rry ~30) dars next attc. the same severa:ly become due snd payable, without demaod o~ notice, o. (c) in thr event each and every ~he stipuiations, agreements, cond~tions and covenants of sa.d promissory note and th~s mortgage any or either are not ' iuly, promptly and fulty performed, d,s:hargd. eaecuted, effected, completed, comphed with and abided 5y, then in e~~her or any such event 1he ~aid ag ~ aregate sum mentioned in sa~d pro~nissory note then remaining unpaid, with intrres~ accr~ed, a~d all moneys secured hereby, shalt betome due and pay- ao:e forthwith, or fhereaiter, at the opt~on of sa~d MORTGAGEE, as tulty and completely as il all of the said sums of money were orginally stipulated re be pa~d on such d,:y, anyihing in sa.d pro:nissory note or in this Mortgage to the contrary notw~thstanding; and thereupon w thereafter at the op~~on of sa,d MORTGAGEE, without nonce or demand, suit at Iaw or in eq~~ly, thrrelore or thereai~e? begu~, may be prosecuted as if all moneys secured he~eby nzd matured pr~o~ to its institunon. 7. That in the event that at the beginn~ng of or at any li~ne pe~d~ng any suit upon lhis Mortgage, or to ioreclose it, or to reiorm it, or to eniorce payment ol any clafms he~eundr~, wid MORTGAGEE shafl apply to the Cour~ ha~~ng ~ur~sd~aion thereof for the appointment of a Rece~ver, tuch Court shall tcrthwith appoint a receiver of said mortgaged propeny a~l and singutar, includ,ng all ar.d singvlar the income, prof~ts, issues and revenues from whatever s~urce derived, each and every of whrch, rt being eapress~y unde~sreod, is he:eby mortgaged as if spec~lically set fo~th and deuribed in ?he g~anting and h:abendum da~rses hereof, ard such Receiver shall have all the oroad and effectwe funcf,ons and powers in anywise entrusted by a Court to a Receiver, and :_;h appointmenf ahatl be made by such Covr~ as an admitted eq~ity and a mauer of absolute right to sa~d MORiGAGEE, and withoul reference to the adequacy w inadequacy of the vaiue of the property mortgaged o~ to the so,vency or ~nsotvency of said MORTGAGOR or the defendams, and that such re~r.s, profits, incane, issues and revenues shall be appGed by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To du!y, prompt:y and (ully perform, discha~ge, execute, efiect, camplete, cortiply with and abide by each and every the stipulations, agreements, conditions and covenants m sa~d promissory note and th:s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the :•ORTGAGEE, its avccess~rs and ass~gns, may, wlthout not~ce to the A".ORiGAOR, deal with wch successw oi successor in interest with reference to this ~ o•fgage ar.d the d_ot hereby secured i~ the same manner as with ~do.tgagor w~thout in a~y way vitiating o? d~scha~ging the Mortgagori liability here- ~^der o~ uFon the debt hereuy securcd. No saie of ~he Fremises hereby mongaged and oo forbearan~e on the part of the MORiGAGEE a its successors e. ass~g~s and no exrension of the rime ior the payment ot the debt he.eby sec~red given by the MORTGAGEE or its successws or assigns, ahall operate ~o re~ease, d~scharge, mod~fy change or affect the arig.nal iiab~i~ty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~ficaliy aoreed•~hat time is of the essence of th~s contract and that no waiver oI any ob~igation hereunder or of the obligation se- cured herelxy shal~ at any time thereafter be heid to be a wa~ver of the terms hereof or of the instrument secured herby_ 11. In a:id.r:o~ •o ihe fo:ego ng month!y payn::ni5 oi p:r.~c ~.al and inte•est requ;red by the prom ssory nore sewred hereb~, mortgagor eovenams i a• d agrees to pay to moctgagee wah eac~ monthiy Hay~.:ent an add~;io~al sum est:n~ated by mortgagee to be equal to 1;' 12 of the annual tost oF the follow- 3: A-All rea~ property taxrs le•.iec'. or assessrd aga~~~st the a6ove described real estate. , 6-Fre^~~:,ns o~ f~re and w:r.dsro~~n ~nSU~3r~p as he:~~n req~:red to be carr;ed cn the ~mproveme~ts rtuate on the above d>scribed premises. C-PrernwT.s on such rco:tg;ge guaranty ir.swa~ ce as mortgagee shall from time to time deem fit to carry on the loan secured hereby. 1llortgagee s^a l from f~me ro n~,e nc?~f~ mcrtgagcr ~n wrrtmg of the a~rou~t d~e and payabte hereunda~ and s~ch sum sha{I thereupon be due and 1 I~ .~b!e on the doe daee of the ne,~t monthir psyrnem ar,d each svccessive month thereaft~r untit mortgagee shall not;fy mortgagor of a change in suth ~ ' ount. Suth sums :ta:i 5e ap~!ied by mortgag~a towar~ the payment of reat property taaes, insurance prem;ums, and mortgage guaranty insurance ~ .~'e^'.iums. ~ '~ITNESS '::H:RcOF, the said MORTGAGOR has h~reunto set his hand and seal the d and year first aforesaid. E ~5~ e, Sealed and del~ ed~in~the presence of: ' ~ FlLED l+~IC' RECOROE~ ' ~ aq ST_ LUCI:-. CCUN?Y FIA. (~sq ~ - ROGEh POtTRAS ~ - CLERK C1RvlII7 COUiIT (Seaq a~rO~D YE=c~f1E0 (Seaq 5",;TE Of FLORiDA ~ I~ ~ 35 PH'~' ~ ~ U•~tY OF St . L11C ~9 s~~ ; J~~+~ ' ~ Before me personally appeared _~FlA Al1P~ S and g61.eA Hll~l@3 his wiie, to me well known and known to me to bs e irdlviduats described in and who executed the foregoing instrument, and acknowledged be(ore me that they executed the same (w the purpose~ ~~e•e~n eapreaud. And the said_ ~~@[1 Hue~1@S r. ~e of the sa'~d j^'J16 Rll~h@8 , upon s separete snd privst! ~-~;na+:cn tr me taken teparate and apart from her sa;d husbard, atknowtedged to and beiore me that she executed said instr~ment freely and vOluo- ~ ar.d wnho~t any co-npuls~cn, consrra~nt, apprehens.Qr~/o~ fea+ of or irom her said husband. rr• WITNESS my hand ar.d offlc~al seal th~s day of______ _ `~~'e~~r A. D. 19 71 ~ Notary P ~c in and (or thAe 'St'a`te of Fbrida N la~ye ~ My Co ~ssion expires: ~ 9) S ~'~`7 ~ Retom !o: - , " ~;rir Federal Savingt 6 loan Assouat.o~ NOTARY PUBIIC STATE OF FLORIDA AT 1 AR(~E ~~i ~~.~r v.-.~• ' MY COMMISSION EXPIRES AUG. 6. 1975 F~„ F:,,,,.:, 6EN~RAL INSURANCE UNDERWRITERB~ INC. . , ~ ~ . • ~ This Instrument Prepared BY Wltl. E. BI'81n1 ~ F~rst Federa~ Sav~ng~ 8 loan Association - . ~ ~ % ~ - V ' `i .,r : t , of Fort P~errg j~OI'~C~B ' V.~.7 .~a. i, ~ • "•,s , ~ +O' ~ ".S 1 ~ . Cherk~.d fSy ~~~t:~:~~st~`'~ ~ ~ a~oK1y5 P~~~1787 j ~ ~,g - ~ W, _ . -