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Home My WebLink About1388 ~ , . ~ I• 3. To place and continuous~y keep on the buiidings now or hereafter situare on sa~d land and on alf eq~~pmenl and personslly covered by ~his mor z egs, with all p:?m~ums ihereon pald ~n full, 1~re insurance in tho uaual aiarxlard pol~~y form, in o sum aFproved by ~ha MOR~GAGEE, a~d w~~~ds~o ~nsurence in the usual uandard po:.cy form, in a s~m approved by the MORTGAGEE, in auch co~npa~y o~ co~npan;es as ~he ~'•ORTGAGEE m duect; and all iire and w~ndsto~m ~nswance poGues o~ any of sa~d buiid~ngs, any inrerest ~haein ur par~ thereof, in ~he agg~egi~e wm aloresaid in excess thereof, shall coNain Ihe us~al standard mortgagee ueuse or such o~he~ clause as thp Mor~gag:e may ~eqwre, mal,ing ?hr ~css under s~~d po cirs, esch and every, payab!e to said h10RTGAGEE a~ i?s intcrrit may appear, and each and every wch po~~cy shall be pron,ptly ass gned and de:~vcrrd ~ any held by sa~d MORTGAGEE as funher secunty ~o sald morigage debt, and, not les~ than ten (101 days in advance of ~he exN~~at~o~ oF eech poi~cy, to d~ l~ver to said MORiGAGEE a renewal thereof, togethar wiih a rece~pt for the premium of such renewa~; and ~here sha11 be no f~re or w~ntisto~m inwranc placed on any of said bu~td~ngs, any interest there~n o~ pait ~hereof, un!esi in ~he form and w~th the ~oss payable as aforesa~d; and in the event any sun of money btcomet payable under such polity w polEties said MORiGAGEE shall have the opt~on ro reteire and app:y the same on accoum of the indebt~-d ness secured hereby o~ to perm~t sa~d MORTGAGORS to receive and use it o~ any pa~t the:eof tor orh~~r pur; ases, .~:ti,out ~h ui .v..~.~ ar ~^a.•~~ ing any equity, lien or right under or by virtue of this mo-'gage; and in t!?e event sa:d MOBTGAGORS shall tor any rrason ia~l to k.:ep ~he sa~d pre~n~s~~s so ~nsured, or fail to de~~ver prompNy any ol said poGciea oi inwrance to sald MORiGAGEE, or fail promptly to Fay fu~Iy any p+e+ni~m therefor w in a~iy respect lail to Faform, dnchaige, exewte, effect, compiete, canply wi~h and ab~de by ~h~s coven,~nr, or any part h~reof, sr~d MORT;,~GEE ~»ay p~ace a~o pay for such insurance w any pa~1 thereof w~~hout waiving or affecting any op~ion, lien, equ~ty, or ?ighf under w by vir~ue of ihis Mort9~ge, and ~hc f~ll amouM of each and every wch paymero shall be immediately due and payable and shall bear imerest irom the date thereof um~l p.:~d ai tl:e rate ol nme per centum per annum and to~eiher with s~th intercat shal~ be secured by the lien of this mortgage. I. To permit, commit w suffer no waste, impairme~t or deterioration of said properfy w any pa~t thereof. 5. To pay all and s~ng~lar the costs, charges and expenses, including a reasonable atrorney's fee and costs of abstracts of title, ~~curred or pa~d at any time by uid MORTGAGfE, kxtause a in the evenl of the failure on the part of ~he said MORTGAGOR to duly, promprly and fvlty perlorm, d~scharge. exzcute, e1(ed, complete, comply w~th and ab:de by each and every ~he sripular~ons, agreen,enfs, condit~ons,~and covenants of sa~d pro:nissory noee a~~d ~his } rnortgage any w eithe~, and said costs, charges and expensrs, each and every, shall be immed~ately due and payabte; whe?her or not rhere ~e nof~ce dr 4 mand, attempt to catlect or suif pend~rtg; and the full amount of each and every such paymem shall bear i~tere~t from the date thereof until paid at tV~e y r.»e of nine per centum per an~wrn; ane~ all sa~d costs, charges and expenses incu~red w paid, together w~th such in~erest, shall be secured by the lian of th~~ ~ mortyage. ~ 6. That (a) in the event of any breach of th~s Mortgage or default on tIK part of the MORTGAGOR, or (b) in ~he event any of sa:d sums of money # herein referred to br not promptly and fully paid wirhin thuty (30) days nexi a4ter the same severatly become due and payable, without demand o~ notice, or (c) in the event each and every the stipu~atia~s, agreements, cond~tions and covenants of sa.d promissory note and th~s mortgage any o~ either are not ~uly, promptly and fully performed, d;xharged, executed, effected, completed, complied w~th and ab~ded 5y, ~hen in e~ther or any such event the sa~d ag ~regata sum mentionecl in aaid p~omissory note then remaining unpaid, wirh inierest accrued, and a11 mo~eys secured hereby, shall become due and pay- ab~e forthwith, a thereafter, at the option of se~d MORTGAGEE, as f~lly and comple~ety as if all of t!~e said sums of money were or~g~naliy st~pu:ared ro be pa~d on such day, anything in sa:d prom~ssory note or in this Mwtgage to the contra~y not.viths~and~ng; and ~hereupon w thereaf~er a~ the op~:on of sa.d MORTGAGEE, without not~ce or demand, suit at law w in equity, therefore or thereafter begun, may be prosecuted as if a!1 moneys secured heroby nad matured pr~or to As institution_ 7. Ihat in the event that at the beginning of or at any time pand~ng any suit upon this Mortgaqe, a to fweclose it, or to reform it, or to enforce , ayment of any claims hereunder, said MORiGAGEE shall apply to the Coun having ~urisd~u~on thereof for the appointmem of e Receiver, such Courf shail Forthwith appoint a rece~ver of said mortgaged property all and singular, includ~ng aIt and s~ngu~ar the income, prof~ts, issues and revenues from wnate~rer s~urce derived, each and every of wh~ch, it being express~y undersrood, is hereby mortgaged as if speuficalty set iorth and dexr~bed in the granting and habertdum Nauses hereof, and such Receiver shal{ have all the broad and effecr~ve funct;ons and powers in anyw~se entrusted by a Cou.t to a Recriver, and s_ch appoiromenf shall be made by suth Courf as an ad:oitted equity and a matter of absoiute right fo said MORTGAGEE, and w~thcuf reference ro the adequacy or inadequacy of the value of the property matgaged or to the so.ve~cy or insotvency o( sa~d MORiGAGOR or the defendants, and that s~ch cenrs, profits, incane, issues and revenues shail be appiied by such Receiver according to the lien or equity ot sa;d MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply w~th artd abide by each a.~d every the stipuiations, agreements, conditions snd covenants in sa~d promisso~y note and th~s mortgage set forth. 9. That in the ever~t the ownership of the rnortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the V.pRTGAGEE, its successors and ass~gns, may, witho~t ~o~ice to the MORTGAOR, deal w~th such successor or successw in interest w~~h reterence to this ~:orfgage and the debl hereby secured in rhe same manner as with Mortgagor witho~t in any way vit[ating or d~scharging the Mortgag~ri liability her~ under or upon the debt hereoy secured. No sale of ihe premises hereby mortgaged ar.d no forbearance on the part of the MORTGAGEE or its successors ~ or assigns and no exrension of the time fo~ the payment of the debt hereby secured given by the MORTGAGEE or its successws w ass~gns, a~iall operate ro re!ease, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole or in pa~t. 10. It is apec~fically agreed that time is of the essence of this contract and that no waiver of any obGgat~on hereander or of the obligation se- ~ cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. ~ 11. In addn;o~ to the forego ng monthly payments of prir.c pal and interest requ~~ed by the prom~ssory no!e secured hereby, mortgagor covenants 3 3~:d agrees to pay to mortgagee with each monrhly pay~nent an add:rfonal s~m est~n:afed b~ mortgagee to be equal to I, i2 of the annual cost oi the fol~iow- ` ~:,g: A-AI! real property taxrs levied or assessed agai•ist th~ above described real estate. ~ B-Pren,~u~ns on fire and windsto~m insuracce as here~n requ~red to be carr~ed on the :mproveme~ts s~wate on the above dsscribed prem~ses. ~ ~ C-Premiums on such mortgage guaranty insurar,ce as mortgagee sha{I from. t me to tiine deem fit to carry on tha loan sec~red hereby. ~ 4 Mort a ee shail from t~me to time notif mor~ a or ~n writin of the amouot due and a able hereundr~ and such su~ shall thareu 9 9 Y 9 9 9 p Y pon be due and E c~rab!e on the due dare of rhe next month!y payme~t and each successive month thereaFrer ur.til mortgagee sha11 not~fy mor~~agor of a change in such a° ounL $uch s~ms shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, .and mortgage guaraNy insurance ~ p•emiums. f IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hard and s~al the day and year,~first afo~esaid. ; Signed, Sealed and ~vered the presencR of: ~ fILEO AND RECOROE~ ~ l•..J/r~~--~'~- (Seal) ~ S'f. LUCIE COUNTY f~~• ~ _j fl # f ; P71TiiAS ~ (~an ~ ROCER % ; ~ 1 CIERK CI'~ UIT COURT ~ H~1dl~ed L. w V@r ~-a/~J (~al) ' ~ Rf.fORD VER IE~~~~ (Seaq ` ~ S~ATE OF FLORIDA v~ 1~~~ 3io PH'~~ ~~abile f~ ~~al~ ~ ~OUNTY OF $t. I11C~@ j ; ~ ~ ¢ Befwe me personally appeared ~o C Weav .r _ ~ l~ldred L. i~aaver ~ - his wife, to me well known and kwoiyn' tne to b~ +he individuafs deuribed in and who executed the foregoing instrument, and acknowledged befwe me that they executed the 1~yrpose~ ~ therein expressed. And the said I~fi].dred L. Weaver • ~ Leo C. Weaver ^ ' ~ } +:~fe of the said ~po~s~j~pus~ a~R•' ==amination by me taken separate and apart from her said husband, acknowledged to and beiore me that she eaecuted said itittlu ~f-frt~ly ~ ~ ~ar~iy and w~thout any compulsion, consrraint, apprehensi n, ot fear of w irom her said husband. _ ~ _ ~ WITNESS my hand and official seal this_ _ day of '/(,,D,~y~~' ' `i ~ • ...i~r. S~ATE OF FIORIDA ~ ~a~Y Public in a f the State of_Elqrjtla,ra~~~ ~7 Cb~?GF ~ y CommissiO~f-(~bi ~ „ 1,~ _ ~OUNTY OF $t. x~n1n ~ ~iY ~'I`,;~_ =:c., .t?c:c`= ~ Before me personaily appeared JA1'OD~3 Stabil.e a S~,T1~18 8~ ~ - v• ~ ~3 i3~r~lft to me well known and known to me to be ~ ~ ' _ rhe individualf destribed in and who exetuted the foregang instrument, and sckoowledy~ befare' n+e that lhey executed the same fw the purposes .:s~ ;~J ~ ` therein expressed. ~ • ~ ~ s.~J. K'~ ~ ~ 'is WITNESS m hand and official seal this " day oi'~~ " _ . D. 19.L~ Y • !J ' „ r ~Y I " ~1~3 ~tl3til'IlJ1I9flti prspared by J R •~•f (a Rpblit in snd fu State of Fbrida at large Roberts, Jr. of First Federal~Savings ~•s~«, ~x~~-;,r:^..'±; ;c _ - ,+Y ~.a~E ~ and Loan Association of Fort , . . ' _ _ t~ 1~~~ • Pierce, Florida ~~rt::~: .,t. _ :..:.i::i,s, ty.~ . ~ ~~QO ~i~'t ~i . :w - . - _ - - . _ : _ - - - ~ : ~ - ~ - ~ ~ .e~w. ..5. t..,_ .W._ z - N~. .~,a_...: