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Home My WebLink About2844 To ptac~ u~d con~in~ously kNp on rM buifd~np~ eow a M+NItN 4fWN Of1 NKI IYId Md ON ~11 lquiprtylN ~nd pNrp?~I1y ~OVNtd (fy M1if n10~ a~. w~~h ~11 p~mivmy ~1,e~~on p~,d ;n ful4 fA~ insu.~nu in rlr uiwl sanda.d po~ic~r fomw, in • swn ~pp.owd by ~M MORt W1GEE. and wi„d~ro ~nwr~nc~ in ~M ~swl pu~dard pot~ lam. ~n • sum approv~d by tM MORTGAGEE. in wch canp~ny a ranpaniN N th~ MORiGAGEE n~ dw~ctt ~nd NI Ik~ ~nd wwxbw.m imwanc~ polic»s on ~ny ot fiid bVildinQs„ My (~1Mfpt tlM~~i~1 p p~f/ fI1NpI, in rlr apprpaM ~wn ~laaafd ~ tn ~xons tAe.sol. sh~1! con~ain ~M wwl itar-d~rd mor~ypee cl~us~ a such o~Me clavs~ a 1M Ma19a~ n»y rpu'a~. m~~iiq tM Ioss uod~. sa~d po cK+. tacA and ewry. paYsbN w a•id MORiGAGEE a ih iei~e.nt ma~ ~p~»u. and e~c~ ~nd evay s~cA policy thall b~ promptly ps 9~wd and d~tivtr~d ~ •ny hdd by s.;d MpRrGwGEE a Iv.rM. •ecw~ry ro s.~d ~+wr~yaQ. debR ~+~d, na kss tl»n t~n (10) days in +dvanc~ ol tM ~xpira~ion of ~ach polity. ro d~ } ~~w. ro sad MORiGAGEE ~ ~e~xwal ~F~~of, ~~hK wi~h a rsceipt fa the p~miwn of svch reoewal; ~nd ~h~r~ sMtl b~ no f'n~ w windstam inswMc pia~a~i .-,.i sny of aid buildinps. +nY in~e~~sl tM«~n or put tMr~of, unless in ~h~ fam ~nd with ~he bu payab-'t u st~rss6d: cnd in tM ew~t any wn of ~y ~pn~~ payabl~ u~de~ wch policy w polKies said MORTGI?GEE tihall haw tF?~ op~qn ro ~aceiw and apply ~he samt a+ ~tcovnl o) 1M ind~bted neu secur~d ht~eby w a ptrmit said MORTGAGORS to rective ar.! j~ er any ~±a•~ ~hereof for o:F.er purpoiq. w~tiw~t Iha~eo~ waiYi~g w u~pair- irg any eQ~~y. IiM or ripht und~r a by vwtw of this mort4aqe: ~nd in the ~vent iaid MORTGAGORS sh+ll fa any r~ason fail M kaap tht aid premisea to insured, a fail to detiwr promptly any of sa+d polici~s of i~nw~nc~ 1o wid MORiGAGEE, a fail promptly to psy fully ~~y premium therefw o? in any respee (ail fo pKfany diuhuge, ~aecvts, effect. compkte. tomply wi~h and ~bid~ by this covenant, w any part ha~of, said MORIGAGEE may place ~nd paY fa ~uch ieavrance a any piH therwf w~thout w~ivinp or ~ffactinp ~ny option, li~n. puity, w ripht undK o~ by virtw of this Mortpape. +nd the full anwv~~ of each and ~wry svch payment shall be imnediately dw u+d p~yable ~nd sMll bear ~nterest f~om th~ dat~ thereof ~ntil paid at ths rate ol nine per cenrwn p~r ~nnum and togerAer with such intereat shall ba ~ecwed by th~ li~n of tMs mort9ape. 1. To pami?, oonvnit or wffer ra waste, impsirmcm or detaiwation of s~id prop~rry w ~ny paN thereof. S. To pay ill uw! sinyulsr tl+e cosb, charpea arid e:pense~. :ncludiny a reasonabls ~ttwney's fes snd costi of ~bstracts of title, incvrred w psid at any time by wid MORTGAGEE, because or in the event of the iailure on tM part of th~ said MORTGAGOR ro duly, promptly ~nd fully perfwm, d~xha~ye. . execure, efted, cemplete, comply w~th and ~b;ds by each and every the stipulations, sgreemenb, conditions, ~nd covenan~s of said promiuory note and this margage any w eitha. ~nd sa~d oosy, cF?arges and expentes, each and ~very. ahall b~ immediately dw and pavable: wl~ether a eot thers be rwtice d~ mand, ancmpt to cottect w wir pend~ng; ~nd tt~e fvll amount oF each and every wch pay-manr shsll bea. ;nterss~ irom ~ha date thereoi waii p~i~ •t the rare of ni~e per centum per annu.r; and all said costs, chuges and expenses incurred w paid, together with tuth interest, shsll be secured by the lan of thw mortg~ye. Q Th~t in the evenl of ~ny breach of this Mortgage w defa~l~ on the part of the MORTGAGOR, a(b) io ths evenf ~ny of sa7d swns of n+oney herein referred to be not promptly and fully paid within thirty (30) days ~~et after the same severally becoms due and payable, withwit demand o~ notice. or in the event each snd every the ttipulations, agreemenri, conditions and covensnts of sa~d promiuory note and this mortgape e~y or either are rw1 iuly, prarepNy and lully perfdmed. d;scharged. execvred, effectcd, completed, complied with and abided by, theo in either or any svch ewM the said sg - gregate wm rtKntionetl in said promissory note then ra~n~ining unpaid, with interest accrued, and all 'moneys satvred hereby, shall betome dw and pay- abte fathwitiy p/ 1F1QfNf1N~ at the option of said MORTGAGEE, u fully and compkrely as if all of fhe said wms of money were wiginally stipulated ro be paid at suth day, anything in said promiuory note or in this Mortgage to the contrary notwithslanding; and thereupon or thcreafter at the op~ion of said MORTGAGEE, without notice w demand, suit at law w in equity, therefore ot thereaher begun, n?ty be pros~cuted ~s if all maxys secured he~eby had matured pria to in institution. ~ 7. Thst .in ths event that ~t the beginning of or at any time pending any su~t upon th~s Mortgage, or w_ faecbse it, a to reform it, or to enfwce payment of any claims hereu~der, said MpRTGAGEE shall apply to the Court having jurisdic'ion thereof fcr the appointmenf of ~ Rec~iver, such Co~~rt shell Forthwith appoint a receiver of uid morfgaged property all and singulsr, includ~~g all and singvlar the inenrne, prolits, iswes snd reven~es irom whatever source derived, eath and every of w61ch, it being ezpressly understood, is htreby mortgaged as if,speti~cally se1 fwth and destribed in the granting and habendum clauses hereoi, and suth Receiver shatt have aU the broad and effecrixr Ev~c*torts apt! pan,eis pn anywis~ Mtrwted by. a Court to a Rec~iv_~r, and :uch appointment shall be msde by such Court as an admitted eauity and a matler of absolute right to said MORTGAGEE, ind witho~t reference to the ~ adeqvacy w ir?adeqvacy of the value of the property mortgaged w to the solvency w insolvency of iaid MORTGAGOR d the defendants, and rhar such renrs, profits, income, usves and ~evenves shaU be applied by such Receiver according fo the lien or equity of said MORTGAGEE and the practice of such Co~A. 8. To du~y, promptly snd fully perform, discharge, execute, effect, complete, comply with and ab~de by each aod every the stipulations, agreemenfs, conditioru snd toverwnts in said promiuory ~ote ar~d this mqtgage xt fath. 9. That in tF~e event the ownership of the mortgaged premises, or any parf thereof, becomrs vested in a penon other fhan the MORiGAGOR, ths MORTGAGEE, iti succeasors and assigns, msy, without notice to the MORTGAOR, deat with such wccesso~ w successor in interest with reference to this moitgage snd.the debt hereby secured i~ the same manncr as with Mo~tgago? wethout in any way vitiating a discharging fhe 141ortgagon' liability here- undm w upon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w ib succeuws or assigns and no extension of rhe time for the payment of the debr hereby secured given by the N~ORiGAGfE or in sucteuots w assigns, siwll operate ro release, discFwrpe, modify charge or affect the orig;nal Iiability of ~he MORiGAGOR hsrein, either io whole or in part. , 10. It is specifically agreed fhat tyr~e is of the essence of this contract and that no w~iver of any obligation hereunder or of tha obligation se- cured hereby shsll at any time thereafter be held to be a waiver of the terms hereof w of th~ instrwnent secwed herby. 11. In add~iw.~ to the forego:ng monthly paymen~s of princ'pal and interest required by the prom]swry nore secured hereby, mortgagor tovenants and agrees to pay to mortgsgee with each monthly payrnent an add~r~onal sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: , A-All real property taxes kvied p assessed against the above desvibed real estate. 6-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts sitwte on the abo?re described premises. C-Premiums on such mortgage guarsnty insu~ar~ce as mortgagee shall irom time to time deem fit to carry on the ban secured F~ereby, Mortgagee shatl from time to time notify mortgagor in writing of the amount due and psyable herevnder and such sum shall thereupon be due and Fayable on the due date of the rwxt mw~thty payment and each succeuive month the~eafter urril mwtgagee thaN no~ify mortgagor of a ciwnge i» sucF~ amount_ $uch wm: shall be applied bY mo~tgagee toward the payment of real property taxes, insurante prem;ums, and morigage guaranty ins~rance premiumt. IN WITNESS WHERfOf, the said MORTGAGOR has hereunro ut his hand and seal she day and a~ fent af id. igned, Se and del' in preseoce of: ~ ' . • aq S e Bor ' ,n . ~ B , L. Bori ~~ary STATE OF FLORIDA ~ COUNTY OF $t. LUC1@ ~ • 8efwe me peraonally appeared Stanley R• BOZ].5 •nd fidna Rnr i a his wife, to me well know~ and known to me to be rhe inclividwls described. in snd who executed the faegoirg instrument, and ackrwwledged before me that tF~ey executed tMe ssme fw the pvrpose~ therein expressed. And the sa~d Q~Il~ j.• BOr18 wife of tha ~;d - Stanley R. Boris upa? a sep~rate and privaM e~am;nat;on by me taken sep~nle snd spart from her ssid husband, ~dcnowledged to arxl before ms that she exewted said irntrument freely and volvo- rarily and w;thout any compu~ian, comtraint, apprehern'~ w fear of w from her said husband. ' • WITNE55 my hand snd official seal this ~ day of /1. D. 14~ Notary Pu i~ and for ihe ate of fiorida ~f Ls~ ~ Return To: My 7 3 fint Fedetal Ssvings 3 loao Association ~ Of fo.r Pferce. r'~.~ '.1rTr STaTf Of ft ItRIQA A' Rtit Fon Pierca Florida - . MY COR'"I.riS10N EXPIRES AIHi. 6. 1975 , . - . . GENERAL INSURANCE UNDERWRITERS. INC. • . _ , :1. . ~ _ l.a.: ~0 f `~EO ~Ka aEC~r f~A. _ This Insirument Prepared By ; W~t. g, $~~~T• ~ - st•L11CIE ~~~N First Federal Savings & Loan Association ',T-~• C1.ERK CI~CU?T ~ , of Fort Piercer Floride 33450 _ , ' aECORD ~E~~E~ED Checked By 8'~- 3 ~Z 2~ e n~ 1Z ~ : :t,~~,. _ ~ eooK 201 P~E2841 ~ ~ ~ - - _ - _ ~ s,~ ~~i ui' _ ~ : i ~ _