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Home My WebLink About2749 3. To piice and cont~nuo~siy keep on the bui'd~~~~s no.v or he~rafter utue~e on sa~d ~and and on all eqvipn~ent a~ed pr~sonally ca~ered by this morig- ege, w~th all przrn~u~ns thereon pa:d ;n 1ui1, fl~e insurante in the ~sual standard policy form, in a su~n aFprorrd by the MOR~G:.GEE, and w~+~ds~o~~n ~nsurance in ~ha ~s~al s~anJa~d put.cy form, in a sum approved by the A50RTGAGEE, in such company ot compan~es as the MORiGAGEE may d~rect; and all fire and w~~~ds~orm insurancF pol~cies on any of said build.ngs, any iroeresl there~n o~ parl Ihereol, in the aggreqate sum afores3:d o~ in pacess thereof, ~hall contain tha us~al sta~~dard morig~gee deuse or such other clause as ~he Mortgagea may ieyu,re, ma?ing thr losn unJr~ aa~d poli- c~es, each and eve~y, pay.;b'r to said A1pRiGAGfE as its imer~st may appear, and each and every such po~~cy sha{t be promptty ass g~~cd a~d dai~vrn d~o, eny hetd by sa~d 610RTGAGEE as fu~ther sccvrity to sa~d mortgage debi, and, not less ~han ten (f0) days in ad:ance ot the e~pirai~a~ of eech pol~cy, ro de- Gver ~o sa~d MORiGAGcE a rrnewal thereof, toge~hur with a rece~pt for lhe prem~um o( such ~enewal; and there shall br no t~re or w~~~dsionn ~nsu~ance pleced on any of sa~d buitd~ngs, any interesl there~n or pa~~ thereof, unless in fhe form and wi~h the loss payable as afo~esaid; and in the e+ent any sum of money brco~~,es payobie vnder such policy or pohues said MORTGAGEE shell have ~he opt~on to recv~ve and apN!y ?iie same on account of ~he ind..o~ed- ness ucured heraby or ro peren~t said MORTGAGORS to receive and use it w ony pa~~ thrreol lor o:n•,r ;.~r~sses, ~:..t1~~,:t ~f~ •~i ~7 p~~'- ing any equ~ty, I;en or rigl,f under w by virtue of this m~ctgage; and in the avent sa~d MORTGAGORS sha11 for any rcason (a~l to kacp the sa~d prem~s,~s so insured, or fail ro dtii~er promptly any of Sa~d policizs of insurante to sa~d MORiGAGEE, or lei; p:omptly to pay fulty a~ry p~e~~u~~n therefor or ~n a~y respect fail ro perFam, d~scharge, execvtr, elfect, ca~~plete, comply wi~h arxl ab~de by this cove~3nt, or any part hereof, smd Mi~Riv~+GEE m.~y p~atc a~d pay fo~ wch ~nw~ence or any part thereof wnhout waiving or affecting any option, lien, equity, or nght unde~ or by v~r~ue of :his Mortgaga, and ihe f„11 aneo~nt of each and e.ery such payment shall be immedia:ely due and payable and shall bear interest irwn the date thereof until p.,~d at thr r~tr ot n~ne per ,e~Nu~n per ann~~r: and to~cthcr with such intereat shalf be sccured by the lien of thit mottgage. 4. To permit, commil or suffer no waste, impairment ot deter~oration of said property w any part thereof. S. To pay all and singvlar the costs, cha~ges and expenses, indud~ng a reasonable atrorney's fee and costs of abstracts of tirle, incurr~d or pa~d at any time by s~~d MORTGAGEE, because or in the evero of the failura on the part of ~he said MORTGPGOR to du:y, p~omptly and f~Ily perform, d~scha+ge. _.~-cufe, effed, complete, comply w~~h and ab:dr by each and every the stipular~ons, agreernents, conditiona, and covenants of sa~d prom~sso~y note and ihis n:ortgage any or e~~her, and sa~d costs, charges and exp:nses, each ar~ every, sha11 be immediately due and payable; whrther w not ~here be nor~:e de mand, attempl to collec~ or suit ~zod~ng; and the full amoum of each and every such payn,em shall bea. inrerest from ~he date thereof ~ntil pa~d at the oi ~,~ne pe~ centum pa: ann;.:», ond oll said costs, charges and exF,enses incurred or paid, togethrr ~v~th such interest, shall be secured by the lien of ~h~f mortgage. 6. That (a) in the event of any breach of this Mortgage or defaull on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein referred to be not pro~nptly and lully pa~d within th~rty (30) days next artar the same severaily becoma due and payablr, w~~hout oemand or nmice, er (c) in thr event each and every ~he stipu:at~ons, agreements, conditions and covenan~s of sa.d promissory note and th;s mor~ga~e any or eahe~ are not iuly, pranp~ly and tully perforn,rd, d~scharged, exec~ted, effected, completed, complied w~th and ab~drd 5y, then in e~~her a any such eveM the sa~d ag 3regate sum ment~oned in said pro~~~ssory note then rema~~ing unpaid, with interest accrued, and all moneys secured hereby, shatl become d~e and pay- ab.e forthwirh, or rhereafrer, at the opt~on of sa~d MORTGAGEE, as fully and complrtely as ii all of ~he said sums of mooey were o~:g~nally st•pulated ro be pa d on such d:.y,'~enything in sa.d prom~ssory note or in this Mortgage to the comrary no~withstanding; and thereupon w thereafter a~ the opnon of sa.d A10RTGAGEE, v`irhout nor~ce or demand, suil at law or in equ~ty, therefore w thereaf~er begun, may be p:osecuted as if all mooeys secured hereby r._d matured pr~w to ~ts ~nst~tutio~. 7. That in the event ttiat a~ the beginning of or at any time pe~ding any suit upon this Vlo.tgage, or to foretlose it, w to re~orm it, or to enforce ~ aymenl of any c!air~~s herevnder, said h10RTGAGEE shalt apply to the Coun having ~ur;sd,ctio~ !hereol for the appoiniment of a Receiver, such Court shail icrthwith appcim a receiver of sa~d mortgaged property a~l and singu~ar, incl~d~ng all and s~~~gular the income, profds, issues and revenues from whatever s~urce derived, each and every of wh:ch, it 6e~ng express~y unden~ood, is hereby morrgaged as if speafrce~tY set fath and dexribed in the grant~n~ and t•3bendum da~ses hereof, and such Receiver shall have all Ihe broad and effecnve funct,ons and powers in anyw~se e~trusted by a Court to a Recei.e~, and s.ch appointment shalt bc made by wch Court as an admitted equity and a maiter of absoiute righ~ to spid MORiGAGEE, and without reference to the r..lequacy or inadeq~acy of the vaiue of the property mwtgaged or to the so,venq or ;nsdvency o4 se~d MORTt',A(30R a the de4endants, and that s~ch r~_~,rs, prof;ts, incorne, issues and revenues shall be appGed by such Receiver according,to the Gen or equity of sa:d MORTGAGEE and ~he practice of such CO~rt. 8. To d~ly, promptiy and fully perform, discha~ge, execute, effect, complete: comply with and abide by each and eve?y the stipuiarions, agreements, ;~ndit;ons and covenants in sa~d promissory note and this mo~tgage 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 :'.ORiGAGEf, its successors and a:signs, may, without notite to the MORTGAOR, deat wnh such successo~ a successor in imerest with reference to this o:tgage ar.d the d_bt hrreby secured in the same manner as w~th Mortgagor w~tFwut in any way vitiating w d~scharg~ng the Mortgagors' liabit~ty herr der or upon ~he debt hrreby szcvred. No sale ot she premises hereby rnortgaged and no forbearance on ~he pan of tfie ?AORTGAGEE or its successors c~ ass~g~s and r.o ext~~~sion of rhe time for the payment of tF.e deb~ hereby secure~ g~ven by the MORTGAGEE or its successors or ass~gns, a~~all operate ro re+ease, d~scharge, mod~fy change or a4lect the orig~nal liao~l~ty of the MORTGAGOR he~ein, either in whofe or in part. 10. It is speuf~;ally agreed ihat time is of the essence of this contract and tha? oo waiver of any ob6gat~on hereunder o: of the ~bligation sr c~~ed hereby shail at any time thereatter be he!d te be a waiver of the terms hereof or oi the instrumem secured herby. 11, In add t„n !o th~ io:ego nq n~oMfify payments of print pal and 6nterest req~ired by the prom sscry note secured hereb/, mo:tgagor covenants s••d agr_es to pay to n:o-tga~ee ,nrth each nonthiy pay~~zeN an add~~~o~at wm est~n:ated by moitgagee to be equal to 1, 12 oi the ann~al cost of the (oilow- , _3: A-A!1 real property taxes Iev~ed or assessed a9ai•~st thc ahove described raaf estate_ B Pr~,n,u•„s on fire ar.d w~r.dsro~~r fnsurar.ce as here~n requ~red to be carried on the :mprovements situa!e on the above described premises. C-Pre~n~,;r~•s on such n:origage g~aranty ir.suraoce as mo+tgagee shait freT: ~•me tu time daem fit to ca~ry on the loan sewred hereby. h5ortgagea s~~a i f.om time to time notify me•tgagoi 1n wr~tfng of th~ amount d~e and payable hereundrr and such sum shali thcreupon be d~e and ::ra~le on thr ciue dete of ~h? RC%t monthiy payment and each successive month tnerraft:r ~ntil mcrtgagee shall noTify mortgayo~ of a change in svth j a~ o~. t. Such sums st a:E be apF:,ied by mortg~g~.e to.vard the payment of real property taxes, insurance ptem:ums, and mortgage guaranty insurence i ~ ~emi~ms. IN ~VITNE55 'llHEREOF, the sa;d MORTGAGOR has hereunto set his hand and seal the day and year fir f~esaid. ~ /~SEgned, Seal~d a~sd ~Sivery~in the presence of: \ / , ~,,J /~-+fC 4~1t/J ~ ~ ~ -~~'ISeaq i ~ ~~b~L'~' ? ~ - J _ (Seal) ~ ~ L~ ` ~..i J ~ - - (Seal) ~ - l5eap ~ - _ ;,.=.TE OF FLQRIDA ~ u_ ~ ~~U'~iTY OF St . L11C1P ~ ~ Bef~re me personalSy appeared ThOID~ 5~'~C~ill 10lI s~ _ Shirley Mel?tillon his wife, to me weil known and known to me to be ~ ehe individuals described in and who executed the fwegoing instrument, and acknowledged before me that they executed the same for Ihe purposes a rherein expressed. And the said_ S~11 tl@)/ MCMl l IOiI ~ ,~;;fe of the satd Thonaas MeMillon upon a separate and priva?e ~ e>am~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she executed sa~d itistrument frc~e{y and volun- ~ r3-~ly ard w~thout any tompuision, constraint, apprehensTyrl, o? fear of or froM her ~aid husband. :'j r ~ Decewber , . • ~ ~2 tiYITNESS my hand and official szal this- day of - ~•A- 6"l9 ~ / ~ / 1 t : ~ ' Notary Public in and 7or tFW'~tit~ p`~F,fouda at largs._ r~; My Commiuion expires: : v_- s; Retum To: ~'J , t First Federal Savings 6 Loan As:ociat~on i ~ Of io,t P:~,.CZ '.ECOd~E~ ;~;`l.~`~. r t 7 ~ For: P~ercr. Ncriaa F~LEO a'~-'_ NtY FU. ' - . 4 ~ 5T ~UC~~_vJ~ '•~I7r111111• ' _ ~ - :~~T~AS CLE ,.ti,~ i CQURt ~ ~ RF~~QF~ =~`D < This lnstrument Prepared ByJ.H. Roberts~ Jr. ~ ~ First Federal Savings t~ loan Association nc g oa AM ~Z ~ of Fort Piercq Flo ri da t~C y~ Aryp ~ Checked By 243Y ` v . s ~ ~ ~r , IGuK~~B PACE~ / 48 ~ ~ - - - - Y~~ ' ~ ; ~ ~a ~ ~ ~ Y ~ ~ _ ~ m ~