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Home My WebLink About2112 To plx~ and conNnuouily keep on tM bu~!d~nys now w Mreat~a~ u?uat~ on sa~d land ~~d on ail equipment and pe?ionally covered by Ihit mat¢ sy~, with ~II piemiums thereon pa:d in full, (i~e insuranc~ in Ihs vival standard po~icy (am, in • tum •pp~oved by tM MORiGAGEE, end winditwm i~su?~nc~ in tM u~wl ~undard po~.cy tam, ie? ~ sum ~pproved by tM MORTGAGEE, in i~cA comp~ny a compa~lei ai tM MORiGAGfE m~y difKtj ~nd all fire and w~nds~o~m in~urance policiss o~ any of ia~d build~n9s, any tnte~e~t tMrein or put thereof, in the apyre9a~e sum aia~s+~d a In ~ac~u ~hereof, ihall conuin the usual ~tandard matyspes clsuie o~ ~uch o~ha~ cl~ui~ ~s ~M Morty~~ may ~eqv~r~. m~kirq Ihe Iou unde~ w~d poli- cies, each and ~very, payable to said A10RTGAGEE ai ~ti iotcrr~t may appear, and each and ~ve.y such poticy shalt be promptly a~s yned and del~vered ~o ~ny held by iaid MORTGAGEE as (urther security to sa~d mortyage debt, and, ~ot leu ~Mn ~en (10) dsys in adva~ce of tM expir~fion of each pot~cy, to d~- IivN lo faid MORTGAGEE a renewal thereof, topethK with • ~~ceipt tot ihe p~smium of such renewal; and Ih~r~ shatl be no fire o. windstorm insurance pl~ced on a~y of said build~ngi, •ny intas~t therein w pa~t thereof, uniess in tM form. ~nd ~wi~h tF+~ lou payabl~ as a(aesaid; and in the evenl any sum of mon~y becomes payable undc~ such pofity w pol~cies wid MORTGAGEE shall hav~ ~M option to rcceive and apply tAe sanx on account o( the indebted- neu ucwed hereby o~ ro pe~mit sasd MORTGAGORS to receiva and us~ it w any part thereof fo~ o~hcr purposes, w~~hout ~h_+~u~ waivu~g o. unpair- ;np any equity, lien a right unde~ or by virtue of this mo:s~+~e; u~d in tM evenl w~d MORTGAGORS shall fa any reason fail to keep the iaid p?emises w insured, or i~il to deliver promptly any of said polities ot iniurante to said MORTGAGEE, or fail promplly to pay fulty any p?emium tFxrefw w in any reipect fail w patwm, d~scha.ge, execute, effecf, complete, comply with a~d abide by ~his covena~~, w any part hereof, said MORTGAGEE may p~ace and paY fw :uch i~surance or sny part thereof wiihou~ waiving or ~ffettinp any op~ioe+. lien, eqvi~y, a right unde~ u by virtw of ~his Mortgaye. ~nd fAe full amounl of each ~nd eve~y s~ch payment shall be immediately dw snd payable and shal~ bear intsrest from tM date thereo( until paid at the rate ol nine per tentum per annum and to~ether with such interest shall be secured by the lie~ of this matgage. To permit, commit or suffer no waste, impairment w deterioration oF said property w any paA thereof. 5. To pay all and sinpulsr the costs, charges and expenxs, inclyding a reasooable attorney's fee and costs of abstrads of titls, incurred or paid at any time by said MORTGAGfE, because o~ in the event of the faiture on ~he part of ~he said MORTGAGOR to duly, promptly and fully perfwm, dixha?ge. execute, efied, complNe, comply w~th and ab:de by each a~d every the st~pulatio~s, agreements, condit~ons, and covenanrs oi said promissory note and th~s mortgage any a eirF?e~, and sa~d costs, charges and expenses, each and every, shall be immediatety due and paysble; whether w not there be notice dr mand, attempt to collect a iuit pendi~g; and the full amo~rnt of each and every such payment shall bear inte~est from the date thereof until paid at the rate of nine per centum per annum; and all said costs, charges and ezpe~ses inturred w paid, together with such inle~est, ihall be secured by the lien of this mwtgag~. 6. That (a) in the event of sny breach of this Mortgage w default on the part of the MORTGAGOR, or (b) i~ fhe event any of said sums of money hcrein referred to be not promptly and tully paid withi~ thirty (30) days next after ~he same seve?ally become due snd payable, without demand or no~ice. or in the evem each and every the stipulations, eg~eements, conditions and covenants of ss~d promisso~y note and ~h~s mortgsge any a either are no1 ~uly, promptly and iully perfwmed, d~uharged, execu~ed, eifected, completed, complied with and abided by, then in either or any such event the said ag gregate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and al! moneys secu~ed hereby, shall become due a~d pay- able (orthwith, a thereafter, at the option of said MORTGAGEE, as fvlly and complete~y as i} all of the said s~ms of money were onginally st~putated ro be paid o~ suth day, anything in sa;d promisso~y oote w in this Mortgage to the contrary notwithstanding; and thereupon w thereafter a1 the option of said MORTGAGEE, without notice or demand, suit at law or in eqvity, therefore or thereatter begun, may be prose:~ted as if ~II moneys secured hereby had marured pnor to iri institution. 7, That in the event that at the beginning of or at any time pending any suit upon this Mortgage, o? to faetlose it, a to reform it, w to enfwcs payment of any claims hereunder, said MORTGAGEE shall apply to the Cour~ having jurisdiction thereof fo~ the appointment of ~ Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all a~d singular the income, pro(its, iuues and revenues from wF~ateve? source derived, each and every of which, it being expressly underatood, is hereby mortgaged as if speufically set fath and deuribed in the granting and habendum clauses hereof, a~d such Receiver shall have atl the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and svch appointment :hatl be made by such Court as sn admitted equity and a matter of absolute right to said MORTGAGEE, and without refererxe to the adequsty or inadequacy o( the value of the property mortgaged w to the sotvency or insolvency of said MORTGAGOR w the defendants, and that such rents, profits, incort~e, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To dvly, promptly and fully perform, discharge, execute, effect, mmplete, comply with and abide by each and every ihe stipulations, agreements, conditans and covenanfs ~n said promiuory note and lhis mortgage set fwth. 9. That in the event the ownership of the mwfgaged premises, oa any part thereof, becomes vested in a person other than the MORTGAGOR, the A10RTGAGEE, its succeuws and assigns, rtWy, withou~ notice to the MORTGAOR, deal with such successor or successor in interesl with reference to this mortgage and the debt heteby secured in the same manner as with Mortgagor without in any way vitiating d discharging tix Mottgagori liabilify herr under w upon the debt hereby secured. No wle of the premises hereby mortgaged and no iorbearante w+ the pa?t of the MORTGAGEE or its successors o~ assigns and no extension o( the time fw the payment of the debt hereby secured given by the MORTGAGEE o? its svcteuors or ass~gns, shall operate to release, d~xharge, modify change or affect the original liab~iity of the MORiGAGOR herein, either in whok w in part. 10. It is specificatty agreed that time is of the essence of thia contrad and that no waiver of any obligation here~nder w of the obligatan se- cured hereby shall at any time thereafter be held to be a waiver of the terms Ixreof or of the instrument setured he?by. I1. In add~tio~ to the forego:ng mortthty paymants of princ'pal and inte~est required by the promissory note secured hereby, mort9agor covenants and agrees to pay to mo:tgagee with each monthly pay.nent an add~rional sum estimated by mortgagee to be equai to 1/12 of the annuel cost.of the follow- ing: A-All real p~operty taxes lev~ed or assessed against the above described real estate. , B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improveme~ts situate on the above dtscribed p~emises. C-Premiums on such mongage guaranty insurar,ce as mortgagee shall from time to time deem fit to carry on the loan secured hereby. AAortgagee shail irom time 1o time notify mortgagor in writ~ng of the amount due and payable hereunder and such wm shall thereupon be due and I~ payable on the due date of the next moroh:y payment and each successive month thereafter ur,til mortgagee shall notify mortgagw of a charge in such ; amount. Such sums shall be app!ied by mortgagee toward the payment of real property taaes, insurance prem:ums, and mortgage g~ fy insurance I` premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fir a id_ Signed, Sealed and ivered in the presence of: ~ ~ ~ L~~, ~„t S,t s f~ ~ i e sesn / [ J > Seap - c~ - ~N~ s 2534'76 - . ~ ~ ~iS ~ < F y aNa aECUR E -1 ~ s~~n ~s .~tuci~ cou~rr~t~i. , STATE OF FLORIDA ROCEn R~~ ~ St . LuCie u- CIEkK 6s?C'JIT COy~~ couNn oF RECOf.D VEF iE0 eefore me personally appeared - J1oDY C. Gil~,,,d Margalette Gill ~ 1 his wife, to me well known snd known~lo me to be the individuals deuribed in and who execured the faegoing instrument, and adcnowledged before me that they executed the same f~i•dq~ a lherein expressed. And the sai~ M$~~et .~111 wife of the wid .~1Rm3( C. Gl l 1 uppn'. ~Gs~Qlrate ~ar~d privats examination by me taken separate and apart from her said husband, acknowledged to and before me that she exetuted sr~d :pslrywewt .treely ,snQ, voluo- rarily and w7thout sny compulsion, constraim, apprehe~sion, o? fear of or from her said husband. = ~ ~J• ' ~ . WITNE55 my hand and official sesl this 3U day of A rll %C~,~j~~- ~ ~ - ~ . = ~ N ry Public in and for the State :of ~1Dr' aLl~r90 = ~ M Commitsion expirq: ` ~ ' ~ NOTARY PUBLIC, STATE of f1.ORID11 tt tARGf , ~ $TATE OF FLORIDA ~ ~y ~pM~11SSI0N fxPIRES DEC. 7~ 19~~ S5. u..n.....r.... ~ couNnr oF St. LuCi~ _ _ . . ~ ,`,,~t~~..~~.,,,,,,~,; . Before me personally appeared AZ !!d t.• TOSt ; a~I 1 C~@11dO1j/II TQSt , . - • • • . . ~:4~ • his wife, to me well known and krwwn fo me to be ~ the individuals described in and who executed the fwegoing instr~ment, and acknowledged before me that they executed tbe ssrwe fo~ahe pwpose~• ' therein e:pressed. And the said GwendOlYl1 Test ~ Altr~d L. T~st . - ' = ~ wife of the uid _ ~on, i se~lrat and privaFr- = exam~nat~on by me taken separate and apart from her said husband, acknowledgcd to and befwe me that she executed said ir~tr~menMree~r aqNvolyn~_• rarily and without any compuision, constraint, apprehension, w fear of or from her ' sband. ^~J r'- - lst Y a ' ' ~ WITNESS my hand and official seal this da of • r .A,.D..19~.•~ T6is ~n:tsw~.wt prep.:~a br I~ x.1 ;L- , G~ly s11~00~ otary Public in and (w the Stat~ of flaida ~t larp~ Rizst 1?ed~Yal sa~inys and Loa,--. Association M,, Comm~u~on exP~.~: /-7_ 77 ot' Rort Pie irc~, P'lor ida F~~~ ~,_~~(~Q E:'~1 EG: V~~ tl_~- - _ - - - - - ~ - ~ ~'~~'~r~~; _z