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Home My WebLink About2909 To place ar+d continuousty kctp on ehe bui!dings now or herealter •~tuate on sa~d ~s~d ~nd on ali equip~nent and pe~sona~ly covered by ~his ma~g- ~y~r, with ell premiums Iher~ pa~d in full, f~re insurance in the u~val sundsrd policy lo~m, in • sum approved by the MORiGAGEE, and w~ndstorm inwrsnc~ in ~M u~ual s~andard pol.cy fo.m, in a sum spprovesl by rhe MORTGAGEE, In svch company or cwnpsn~es as fM MORiGAGEE may d'uech and ill fire +nd windslorm insuronce po~icies on a~~y of seid build~ng~, any interes~ therein or parl lhereol, in the ~gqreqa~e ~um afaesaid w in exttts thereoE, thaU conuin the u~wl startdsrd mw~yages dauss or such oiha clauis ~i th~ Mwlgagce may requue, maki~ the ?oss under sa~d poti- ciq, each and eve~y, payab?e to :aid MORTGAGEE as ;rs intrres~ may ~ppear, ~nd e~ch and evcry tuch policy shall be promptly ess.yned and delive~ed ~o •ny heW by said MORIGAGEE a furthe~ security lo said mortga9e debt. ~nd, no1 less thsn ten QO) days in advance of the expiration ol each policy, to da liw~ fo said MORiGAGEE • renewal ~hereof, togethK wi~h a race~pt fw ths premiwrt ot such renewal; and the~e ahall be no f~re o~ windsto~~n insur~nc~ plsced on any of said buildings, •ny inte~eit thsre~~ w par~ thereof, u~less i~ the fam and with ~M 1ou payable as aioresaid; and in tha evenl any sum of money becomes payable under such policy w policies said MORTGAGEE ahall have tFa opt~on 1o receive and apply the same on accounl of the indebted- ness stcured he~eby o? to petmit said AAORTGAGORS fo tcceive ind ute i1 ot any part Ihereo( for other Furposes. w~~hout th:r.u~ wai~~n3 0~ ~mpair- irg any equ~ty, lien o~ right under u by virwe of thii mor!gage; and i~ 1he eve~t iaid MORTGAGORS shall for ~ny reafon fail to kerp rhe said p~em+us so ~ insured, p fail to deliver promplty ~ny of said potKies of insurance to iaid MOR1CsAGEE, or fait prompNy to pay }ully apy premiu~i therefw a~n any respect fail eo pNform, diuharge, e:ecute, effec/, complete, comply with ~nd abide by this covenant, a any part hereof, said MORTGAGEE may p~ate and ~ paY fo~ iuch inaurance or ~ny part thercof without wsivi~g or ~ffec~in~ any option. iien, equity. or r~gh} vndea o. by vi.~ue o1 ~hi~ hbrtga9e. ~nd :he fuN amov++t of exh and eve?y such payment shall be immedietely due and payable and shall besr interest from tho date thereoi un~il pa~d at the rate ol ~~~e pe~ tentum per annum and together wdh ~uch in?ere~t shall be s~~cured by the lien of thi~ mortgage. To permit, tommit a su(fc? no wsste, impairment w deterioration of said property w any part thereof. 5. io pay all and sinyulsr IFx costi, chargei and expensea, inctuding a reaso~able stto~ney i fee a~ costi of abstracts o1 title, incurred w paid at any time by said MORTGAGfE, because a in the event of the fa~lure on the part of the said MORTGAGOR to duly, prompely and fu~ly perfwm, d~uharge. executs, effec~, comple~e, tomply w~th and ab:de by each end every the ~tipvlatrons, egreements, co~d~~ions, and covenants o! said p~om7ssoiy note and this mwtyage any or either, and w~d cosn, chargcs and expenses, e~ch and eve?y, sM~l be immediately dve and payable; wheiher or rat there be notice de ; mand, attempt ro tolled or suit pending; and ~he full amoum of each aad every such payment shall bear imerest from the date thereof until paid et rhe ~ rate of nir?e per centum per amiu:n; and atl said costs, charges and expenses i~cur~ed p paid, togefher w~th such interesl, shall be secured by the lien of this mo?tpa9e. 6. TMt ie th~ ~vent of any breach of this Mortgage o~ default on the part of the MORTGAGOR, w(b) ln the event sny of sstd svms of money herein refe~red to be not promptly and fully paid within Ihirty (30) days ne,ct after the same severally becane due and payable, without ckmand or notice, or (c) in tMe event exh and every the stipulat~ons, agreements, conditans and covenants of sa:d prom~swry noie and th~s mortgage any u either are not ~uly, promptly and fully perfotmed, d;xharged, executed, ef(ecled, compteted, complied with and ab~ded Sy, then in either w any such evenf the said ag gregate sum menripned in said p~omisso~y rwre tben remaining unpaid, with inte~est accr~ed, and all moneys secured hereby, shall become due and pay- abie fwthwith, o~ thereafter, at the op~~on of sa~d MORTGAGEE, at fully and compleiety as i( all of the sa~d sums of money were a~ginatly snpulated to be pa~d on such day, anything in sa;d promisswy note or in this Mortgage to the tontrary notwithstand~~g; and thereupon or thereaiter at the option of sa~d MORTGAGEE, without notice or demand, suit at law or in equ~ty, thereiwe or lhereatter begun, may be prosecutet! as if all money setured hereby Aad maturcd pnor to its institvrion. 7. That io the event that at tF+e bcginning of w af any time pending any suit upon rhls Mortgage, d to fweclox it, w to refwm if, w to enforce payment of any claims hereunder, wid MORTGAGEE shall app~y to the Court having ju.~sd~t~~on thereof fw the appointme~t of a Receiver, auch Court shall forthwith appoint a receiver of said mortgaged property all arx! singular, inciud~ng all and singular the income, prof~ls, issues and revereves f~om whatever source derived, each and every of wh~ch, it be~ry expressly understood, is hereby mortgaged as ~f spec~fically xt forth and destribed in the granting and habendum clauses hercof, and such Receiver shall have a~l the broad and effective furtct~ons and powers in anywise entrusted by a Courl to a Receiver, and s~ch appointment shall be made by such Court as an adm~tted equlty and a matrer of absolu~e r~ght to said MORTGAGEE, and without referu+ce 1o t1,e edequacy w inadequacy of the value of the property mortgaged or to the so~veocy or insolvency of said MORiGAGOR or the detendants, and that such rents, profin, incort~e, issues and revenues shall be applied by such Receiver accord~ng fo the tien or equity o( said MORTGAGEE and the p~actite of such Court. 8. To duly, promptly and fuily perform, discharge, execute, effect, comptete, comply w~th a~d abide by each and every the stipvlatio~s, agreements, conditions and covenants in u~d promiuwy note and this mortgaqe se1 fwth. 9. ihat in the event the ownership of the rtwrtgaged premises, w any part thereof, bccomes vested in a person other fhan the MORT6AGOR, the MORiGAGEE, its succeuaa and au~gns, msy, without notice to the MORTGAOR, deal with svch auccessw or successor in interest with reierence fo this rnortgage and the debt hereby secured in the ssme manner as with Mortgago~ without in any way vitiating or dixha~ging the Mortgagors' liabitity herr under or upon the debt hcreby secured. tVo ssle oF tke Frem:ses l~e.eby moitgaged and no forbearo~+ce on the part of the MORTGAGfE or its successors or auigns and no extension of the tune fw the payment of the deb~ hereby secured given by the MORTGAGEE o~ its successws w ass~g~s, ,hall operate ro releax, d~stharge, modify change w affect the original liability of the MORTGAGOR herein, eitMer in whole or en par~. 10_ It is speufically ag.eed that time is of the essence of this contract ared ~hat rw waiver of any obligarlon hereunder w of the obl'gation sr cured hereby shalt at any time thereafter be held to be a waiver of the terms hereof w of the inslrument secvred herby. • I 1. In add~tia~ to the forego ng mo~th!y payments of princ'pal and interest required by ihe prom~swry no/e secured hereby, mortgagor covenants and agrees ro pay to mortgagee with each monthly payr,tem an add~rional sum estimated by morrgagee to be equal to 12 of the annual cost of the follow- ing: ' A-All real property tazes lev~ed o~ assessed against thc above described real estate. B-Premiums on (ire a~d windsto:m insurar,~e as herein requ~red fo be carried on the improvemeits situate on the above described premises. C-Premiums on such mortgage g~aramy insurar.ce as mortgagee shafl fro-n t;me to time deem (it to ta~ry on Ihe ban secured hereby. Mortgagee shai) (rom time to timc notify rr.ortgagor in writ~ng of the amo~nt due and payable hereunder and such sum shafl thereupon be due and payabte on the due date of the nezt momh:y payment and each succesdive month thereafte~ ur.til mortgayee sha11 norify mortgagor of a tbange fn such amount. Such sums sHa~l be app~ied by mortgagee toward the payment of real property taxes, ins~rarxe prem:ums, a~xl mortgage gua+anty insurante premiums. IN WITNE55 1VHEREOf, the said MORTGAGOR has hereunto ut his hand and sea~ the da and yea first a said. ' egned, aled an ie the p senc f: W1LI1@55@S LO ~ John R. Freeman s~ ~ hn R. Freena ~a~ I ~ W1tIleSS@5 LO lt1.r~-~-^ (S~an ' Casoline V. Freeman Cazoline V. Freenan~ ~ ~ I ~ STATE O fLORIDA ` irr7 ~r ~ :Jp~P`rn O , ~ ~ ` 52• L11C1@ ~ SS. . ~~`~~o ~ ~ COUNTY QP ~ ~.ti..~..•.. .....c~~~~a Before me penonally appeared John R. Free~an ~~~~=~,~'~~Z w ~ i " . ~-~-=n,~~~ ~ ; ~~,ff~ to me weil.~n`~ n.and.k~vn' •lh~/~~ ~ rhe individuals descr;bed in and who execu~ed the foregoing instrument, ar?d acknowledged befwe me that they e:ecoted'tlie t ~oiD~ i ~herein expressed. ~~;s~ _ _ - • ~~S i ! aCli~tM?isaR! - , ~ - . • i ~~sbs~fms~tlm~astra~eta~i?'~lrots~l0s=st~~Ta~!'.7Qmatidyi~~f~~OtCilfiiMt~ltF~i9i~ 7~?~AI~ { ~ apu~.~tsowkeoE--a~~~a~rw~tsr+~=d~P, ~r~taa~^-a1 lie~~36~~. , . ~ ~ . ~ WI?NESS my hand and official seal this y o{ .1111 ~'1 a •••a• # "'/3 ' ~ . P. ~ ~ ` STi1T~ U~ GEURGiA~ ` ~ ~ ~ ~ - ~ 1 ~ u- Notary Publec in and for the te of orida at large ? COUNTY OF 1 My Commission expires: ~ Befwe me perwnally appeared CdlOI lII@ V. Freenan - . ; ar ~ ~i~, to me well known and krrown to me to bs y ~ the individuats described in and who executed the fwegang instrument, and acknowledged befwe me thaf they e~cecuted the same fw the purposes j i therein expressed. And the said Caroline V. Freeaan ' i ~ wi/e of the said _ JOhn R• F=eemdll ~pon a separete and privste ~ e,camination by me taken separate and apart from her said husband, ackrawledged to and lxfore me that she exetuted said instrument freely and volurr , rarily and without any compulsio~, constraint, appre nsio~ ~r fear of or from her said hus4snd. ` ~ WITNESS my hand and official seal this C day of ~ ~ p 19 73 r ~ This insttuaent prepared by - ~ • . ~ ` g Robert A . SMi sher, Jr . N ~K •s,~d ` ~r~~sf~1~=a ~e~ ~t u~~e i First Federa~ Savings and Loan Association of Mr c«~. ~u~, ez •~~osgia etum To: Fpr t Pierce ~ F lot ida /j'r ~c~iz ~ 4~;~•.~;~6 First Federsl Savings 3 Loan Association ~ ~ • Of For1 P~erte. i- ` ~ - • • CL • . " z ' !or~ Pierce, floride _ k E z~:°~ 21~ :2~2t~ - . ~ . ; , . ~ - - - ~ - _ ~ _ ~ ~ ~ _ - - - ~ _ ~ ,