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Home My WebLink About0735 3. To ptace and cuntinuovsly keep on rr,e b~~:d~~~~s now o~ herea{ter ~~tuate on sa~d ~and and on all equip~nent and personalty covered by this mort9• age, wi~h aU prem~um~ thereon pa~d ~n f~il, 1ne ~~turon(e m ~he uswl starKlird polity form, in a sum approred by the h:VR~GAGEE, and w~~~dstorm insurante in tM uswl ~~andard pot.cy 1onn, in s wm approved by the MORTGAGEE, in such company or compan~es as the MORIGAGFE may direc?; and aU fi~~ and w~nds~orm insurance po~iues o~ any of sa~d build.ngs, any intereet iherein o~ parl thereof, in ?he agg~egate ium atoresa~d o~ in excess Ihcreof, shall contain the usual standard mor~gagee cfause u such other dause ia lhe Matgayee may req~~re, making the toss unJar fe~d potr des, each and every, payab~e to said MJRTGAGEE as ~ts interc~t may appea~, and each and every such poi:c~ shall i~e prompily ass gnrd and de~iver.:d to any held by aaid 6tORTGAGEE as (ur~her security to sa~d mortgaye debt, and, not leu Ihan ~an (10) days in adiance of the exp~~ation of each poGty, to da Gver to said MORiGAGEE a renewal Mereof, together with a receipt for the p~em~um ol such renewal; a~d ~hrre sha11 no Lre or w~ndstono inwrance placed on s~y of said buildings, any interesl therein w part the~cof, unleia in the form and wi~h the loss payable a~ a!oresaid; ard in the event any sum of money brcomes peyable under such polity or poGues sa~d MORTGAGiE s~all have the opt~on ~o reca~ve anJ apply ~hr same on accouN o~ the indebtrd- neu secured hereby or ~o permit sa~d MORTGAGORS ro receive and use it w any part ~hereul ior o:~~_•r ~.u~~~o~rs, ...~i:~~r th:..o~ ~va~+~~~ c~ ~~~~a.•~'- ing a~y equ~ty, I~en o~ r~ght undar or by virtue of ~h~s mo~:gage; ~nd in the event sa:d MORTGAGORS shall for any reason fail ro keep the sa~d premis_•s so insured, w fail ro deliver promptly any of said pol~cies o( i~surance to sa~d MORTGAGEE, or faii promptly to pay iutly any pre~»~u:n therefor o~ in any resFed fail ro per(am, d~scharge, eaecute, effect, complete, comply wi~h and abide by this covenent, or any part hareof, sa~d MORTGAGEE may p~ace a~~a pay fa such inaurence or any part fhereof without waiving w•ffecting any option, lien, equ~ty, or nght un~er w by virtue of this Mo~19aga, and the fu:t ~mo~nt of eath a~d eve~y such paymeM shall bc immediately dve and payable ~nd shall bear intcrest from the dale thereof until pa~d at the rate ot nine per centum pe~ annum and together with avch intrrest shail ;x setured by the lien of this mo~tgage. To permit, tommit or suf(er no wasle, impairment w deteriotation of said property o? any part thereof. S. To p+y a~~ and singula~ the costs, charges snd expenses, includ~ng a reasonable attorney's fee and costs of ab:+racts of t3i!e, incurred or pa~d at any time by said MORTGAGfE, because w in the event oi the failure on thx part of the said MORTGAGOR ~o duiy, Fron,ptly and fuily pe~form, d~scRarge. execute, effcct, comptete, comply w~th and ab:de by each and every the stip~lat;ons, agreeme~ts, conditions, and covenanrs o~ said p~omissory note ard this mwrgage a~y w e~the., and sa~d cosrs, chsrges and expensea, each and every, shall be immedia~ely d~e and payable; v.he~her a not ~here be norice dz mand, attempt ro coL'ecl or suit pendmg; and the tull amount of each and every such payment shall bear interest from the date ~he~eof until paid at Ihe r.,te of nine per cent~m per annu:t , on~' all said cusn, chargea and eapenses incurred or paid, togetl~e~ w~th such interest, ~hall be secured by the lien of thii morlgags. 6. Ths1 (e) in 1he event of any breach of this Mortgage or default on tFr part of the MORTGAGOR, w(b> in ~he event any oi sa:d tums of money herein referred ?o be not pranptly and fully paid wi~hin thuty (30) days neat after the same severa:ly become due and payable, withou~ demand a notice, o~ lc) in thr eveM each and eve~y the atipulat~ons, agreemeots, cond~t~ons a~d tov.+nants of sa,d prom~ssory note and th~s mor.gage any or eirher are nol ivly, prompUy and lully pe~formed, dacharged, execurrd, eifected, canpleted, compt~ed wiih and ab~ded 5y, then in either a any such evem the said ag- gregate sum rrKroioned in said promissory note then remaining unpa~d, with imerest acuued, and all mo~eya secured hereby, shall brcome dve and pay- ebie forthwi~h, or ~hereafter, a1 the opt~on of said MOR7GAGEE, as fulty and completely as ii all of the sald sums of money wero or~g~na~ly snpu:ated to be pa:d on such day, aoything in sa:d prom~ssory nae a in this Mortgage to the conrrary not~.ithatanding; and thereupon or thereafte~ at the opnon o( sa~d MORTGAGEE, w~thout not~ce or demand, suit at law a in equ~ty, tnerefore w thereaite~ begun, may be prosecuied a~ if all moneys secured hereby r.ad maturrd pnor to ns instit~t~on. 7. That in the event that at tne Exginn~ng of or at any time pending any suit upon this Mortgage. or to (orecfose it, or to re~orm it, or to enfo~ce payment of any claims he.eunder, said MORTGAGEE shatl appiy to the Court having ~urnd:ct~on thereof for the appo~nrment of a Rece:ver, such Court shail Fo~thwith appoint a receiver of said mortgaged property afl and singu~ar, includ~ng alt and aing~iar the income, proFds, iss~es and ~even~es from whatever seurce de~ived. each and every of wh~ch, it be~rg express!y undersrood, is he~eby mor~gaged as if sperfically set forfh and desa~bed in the granr;ng and ha~endum clause~ he+eof, and such Rece~ver shall have aIt the b~oad and effecrive fvncf~ons and powers in anyw~se entrusred by a Co~rt to a Recaiver, and r~ch appointme~~1 shali be made by such Covrt as an admittrd equity and a matter oi abso~ute right to said MORTGAGEE, a~d w~thcut reference to the edequacy or inadtquacy oi the valve of the property mor~gaged or to the so~vrncy or insoivency o! said MORtGAGOR o~ the defendants, and rhat such ~en~s, prof~ts, income, iuues and revenues shall be appiied by auch Recei~er accord~ng to the lien or eq~ity o} said MORiGAGEE and the p?actice of suth CovA. 8. To duty, promptly and fully perfQrm, d~scharge, execute, effect, comptete, comply w~rh and abide by each and every the stipulations, ag~eements, conditions and covenants in sa~d promissory note and this mortgage set iwth. 9. That in the event the ownershlp o( the mortgaged prem~ses, or any pa+t thereof, becomes vested in a persun other than the MORTGAGOR, the :'•ORTGAGEE, its suttessors and asvgns, may, withou? norice to rhe MORTGAOR, deat with such successor or successw ~n interest wi~h reference to this morfgage and the debl hereby secured in the same manner as with /Jtortgagor w~thout in any way vifiating or dncharging the Mortgagori liability he~e- vnder w upon the debt hereby secured. No sa:e of ti~e Fremises hereby mortgaged and ~o fo~bearance on the pan of the IAORiGAGEE or its successors o. auigns and no eatension of tha time for the paymem of the debt hereby secu~ed g~ven by the lNORTGAGEE or its svccessors w aas~gns, stiall operate ro refease, d,scharge, mod~Fy charige or affect the origmal liab~:~ty of ~he M.ORTGAGOR herein, eithei in whoie or in part. 10- It is spec~fically agreed that ~ime is o( the essence of this contract and that no waiver of any obt~gat:on herevnder or of the obligation sr c~red hereby shall at an~ time rherea!ter be hetd to be a wa~ver of the terms hereof or of the insu~mem secured he~by- I1. In add.uon to the furego ng rnonth!y paymen!s of p~inc pa~ and interest required by the prom ssory nore sccured hereb~, mo:tgagor covenants a• d a~rees to pay to n:o~rgagee v~:ih each ~nonthly payr.;ent an add~nonal su~e, cs±:mared by mortgagee to be equa~ ro 1, 12 of the annual cost of the follow- ng: . i A-All real property taxrs lev~ed or assesteti ayai•~st ihc above descri~cd real estate. • f B-Prem~ums on fire and vi[r:dstorm ~nsurarce as nere~rt n~q~;red to be carned on the ~mproveme:~ts s~:uafe o~ the above dazcribed premises. j C-Premi~ms o~ such mort~.~ge guarar.ty ir.su:a~.ce as mortgagee sha:l from rme ~o time deem flt to carry on the loan secured hereby. i Mortgagee shail (rom time to time ~cnfy mortgager in writ~ng of the amo~nt d~e and payable hereundar and such su~~ shaff thereupon be d~e and ~ :.ayabie on the due oate of the next month:y payment and each s~ctessive month thereafier untii morTgagee shall notify mortgagor of a thange in suth ( ~-~,o~nt_ $uch sums shafl be appfied by mortgagoe toJ.ard the payment o~ real property taxes, insurance prem.u,ns, and mortgage guaranty insurence ~ p•emium5- ~ ~ IN \YITNESS Y/HEREO , the sa:d M~RTGAGOR has hereunto set his hand and seal the day and irst eforesai~. ~ } Sgned, Sea d-and d nered in t pese e of: ~ ~ " FtL~D .'.'~r. '~CJ :JED C" % aq ST.IOC'_~ ~OUhTY FLA. a es N. Tit in to kC C : ~ ~ i:: ~7;AS (Sea4 ~ ~ Clf ~c ~.i. ;U T ~SUflT ) - ' r' JOSe C~ Tit ezin ton (Seal) SiATE OF ORIDA ~3 9 11 ~M ~T~ ~ CoUNTY OF St. L,1~C+f: _ 1 • Q K Before me personally appeared -jame` T1tZ1QT!.T1f3tOI7 ~~~~v hii,yri{e, to me well known and known to me to be rhe individuats described in and who executed the foregoing instrument, and acknow~edged before me that they executed the same for the purposes rherein expressed. And the said_ _ - • L ~ +~~fe of the sa4d - . ~pon a ieparate. ar?t~. pritr~t~ = examination by me taken separate and apart from her sald husband, acknowtedged to and before me lhat she executed said jnWGrperil~~eely and'"yDivO- ~ rar~~y and w~tnout any compulsion, constraint, app/re ens:on, or fear of or from her said sbs • ,^`r- r~ Y= ~ WITNE55 my hand and official seal this__~S~- day of '/L~ D.'f9 _ ~ - ' o ~1 ; c., _ 1~'~ r. ~ " ~ ~~Hit c~r re~tevn ~ N ry P~blic in and ior the St of:'~fo ~t la ` ! 55. i - ~OUNTY OF ~G.~_~SL~_ ~ Commission expires: • ~y~ . ~e ` • Josefa 'C Titherin y`--`.` ~~v , _ Befae me personally appeared _ • gton ~ ~ Y ~ 1 ~ - ,~c~ - Fyj~v~i{e, ro me welt known and known to me tp be rhe individua;s d~scribed in and who executed the fwegoing instrurrknt, and acknowledged before me thal they eaecuted the same for ,4he pvtpo~ "~,3 rherein expressed. And the sa~d_-- JOSe1'3 ~ Titherinc;ton • ++~fe of the said •~~~IDCS 1'~ Titherington , upon a uparate and. priwte 3~ e.amination by me taken sepa.ate and apart from her said husband, acknowledged to and before me that she executed said jnstrument ~ilely ind volun- ~aniy and w~thout any compulsion, constrair.t, apprehey o• fear of or from her said ~ ~y j~ C.G~ ~K; WITNESS my hand and official seal this_- ~9_ day of__ ~ T, A. Qf 19~~ ~ , This instzuvent prepared by F7~~`~- ~ ~ , ` . ~ - - John {A~~ CO111I1s ~ Notary P~b~ic in and for t St~te o~IorAi • ~E ~'i~e~ `v My Commission expires: - , il . First Federal Savings and Loan ~ _ _ _ y ~r Association of Fort Piezce, Florida ~ `fl1k.215 ~H~: 733 ~~~ry r; ~ ~ ~ ~ . ~ . x~: ~ s - _ _ - - - - ~ _ . _ _ s .