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Home My WebLink About2147 J. To pl~c~ ~nd conHnuouily ke~p on the buildings now u he~e~ita ~tust~ on sa~d land ~nd on ell eq~ipment and penonally cave?ed by this mw~~ ps, with all premivnu Ihtrao~ pa~d in fv~l, (ire ins~r~nc~ in tM usu~l ~tandard policy 1orm, in a ium approv~d by tM MORiGAGEE, end windsto~m ~n~uranc~ in tM uswl ~t~~~d pol~cy fam, tn ~ sum ~ppro~red by tM MORTGAGEE, ie? such comp+ny w canpani~i ai the MORTGAGEE may d~redt ~nd ~II tir~ u~d w~~torm inswanc~ policie~ on ~ny of ia~d bvild~~s, ~ny interest the~ein w part therwf, in the s99regs~~ ium afweiaid w in exceu ~herwf, ihall con~~in tM wwl iundud mor~pa9N claus~ or such o~he~ ciaufs ai tM Mortqag~e may reQv~r~, mak~np ~he Iou unda sa~d poli~ , cie~, e+ch and every, pay+bl~ ~o ~aid MORTGAGEE as its interest may app~ar, •nd esch and eve~y such pol~cy ahslt be promptiy ais yned •~d detivered to sny held by ~aid N10RTGACafE as furthN ~ecurity to ~id mortpape debt, and, no~ les~ tMn len (10) deys in adva~ce ot ihe expiration oF each pol~cy, ro da , _ I~ver to said MORTGAGEE ~ renewal ther~of, toye~l+K wit!? a raceipf f0? tha p~emium of such renewal; and tlxre shall be ra f~re o~ w~nd~~orm i~suronce pl~ad on ~ny of ud buildir?ps, any In?e~at tMr~~n w part thereof, unless in the form and wiih tM loss paYabl• as sforesaid; ard i~ the e~em any sum of mon~y becomes payabl~ unda such policy or polici~s s~id MORiGAGEE ahall haw ~M opt~on to rece~ve and apply the i~m* on account of the indebted- nesf fecursd har~by or ro permit said MORTGAGORS to nceivs ~nd uts it p any parl thrreoF fo. orner purposes, v~~~ho~t th°!EDJ wai+i~i~ or ~mpair- iny any aquity, lien or riphl unda w by virW~ of this mo:tya9~; and in tM event wid MORiGAGORS ihall fw any resson fail to keep the said premises so _ inaured, o? fail to dtliv~r promptly u~y of faid polic~es of iniur~ncs to said MORTGAGEE, or fail promptly to pay fully ~ny premium therefw a in sny raspect (~il b perlorm, d~stharqe, ezetute, effett, tanplete, tomply wlth ~nd ab~ds by this covenant, a any par~ hereof, said MORTGAGEE may plsce and pay fa ~uch iniuranr~ or any part theieof without waiviny w ~ffecteng any op~ion, Ilen, cquify, or rigM under o~ by virtve of fhis Mafgage, ~nd the 4ull amovnt of each and every tuch payment sMll be immcdiately dus a~d payab?~ and shatl ba+. inte~es~ trom rM date fhercof until paid at the rate of r~~ne per centum per annum and togefhe~ with ~uch interest shell be sec~red by the lien of ~hi~ mwtgage. 1. To pernit, commit or suffer no waste, Impairment w deterioration of sa~d property or any psA thcreof. 5. To pay all ~nd sinpulk ths costs, charge~ ~nd •xpenie~, includinp a reasonable atrorney's fee and costs of abstraas of tit!e, incuned or peid at any time by said MORTGAvEE, because w in the event of the faiiurs on the part of ~he aaid MORiGAGOR to duly, promptly and futly pe~form, d+uharge. ~xecute, eltecf, complets, comply w~th and ~b:de by ~ach and every the ~tipulaf~ona, sgreemen?~, condifions, snd covenenrs ot sa~d promi:sory note and ~hii mo.tgspe any w e~ther, and sa~d costs, cMrpei and expens~s, each end every, ~half be immed~~tely due and payable; whether or not ~here ba not~ce d: mand, stlempt to collett or s~it pendinp; and th~ tul: amount of esth end e~ery such paymen~ sha11 bea. interei± irom the dat~ tMreof ~ntil psid a~ the ~eu o4 n;ne per centum prr annum; and ~11 wid co»s, charges snd expenses ~ncurred or paid, togeiher w~th such interes~, shall be aec+ued by ths Uan of thu morrpape. Q TMt in the event of any breach of thit Mort9ap~ or d~fsult on the pa.t of the JNORTGAGOR, w(b) in 1M event any of said sums of money herei~ r~ferred to b~ not promptly ~nd fully paid withi~ thirty (30) days ne,ct afttrr the same severally become due snd payable, withoul dcmand w aotite. o. (c) in tha ~vent euh ~nd every the stipuiarioro, apreementi, condi?ions and coveoant~ of sa.d pcomissory not~ and thii mor~ye9e a~y w eithci are not iuiy, promptly ~nd fully perfwmed, d~uhargcd, executed, ~ffected, completed, compi~ed ~w~rh and ab~ded 5y, then in e~ther w any such event tAe said a¢ g~egate sum mentaned in said promissory note then remaining unpe~d, with interes? aarur.:, a:.~ o:: moneys secured hereby, shall becem~ due ~nd pay- abte (wthwith, or thereafter, at the option of s~id MORTG~GEE, ss fuily •nd comptefely as if all of the said svma of money were a~ginally itipu{ated ro be pald on such dsy, anythiny in said promissory note a in this Matgage to the contrary notw~~hatanding; and ti+~reupa+ or thereafter at the opt~on of sa~d MORTGAGEE, withoof not~cs w demand, suit at law or in ~quity, thcrefore or ~hereafter begun, may be prosecuted ~s if all moneys secvred Mreb/ n~d matured prior to it~ institutan. ~ 7. TMt in ths event that st the beginning of or at any t~~ns pending any :u:t upon this Mort~age, w fo faeclose it, or to ~eform tt, or to enfwce ' Fayment oi •ny ctaims hereunder, said MORTGAGEE shatl spply to the Court having ~ur:sd.crion ~hrreof for the appointmenl of a Receiver, such Gourt shall ' ior~hwith sppoint s receivar of said mortgaged property a!I and singular, includ~ng ait and s~ngu~ar rhe intome, profits, issues and rcvttwes from whatever source derived, each and every of which, i~ beinq expres~ty ur.dersfoed, is Fereby morrgaged a~ if spec~licslly set fath and deacrib~d i~ the yranting a~d hahendum clauses hereof, and such Receiver ~hall Mve all the broad and effecnve funct~cr.a end pawers in anywise entrvsted by a CouH to a Receiver, and s~ch appoi~tment shall be mads by such Court ai an admitred equify and a maner of abso~ute right tu said MORTGAGEE, ~ed without ?eferente to the edequacy o? inadequacy of the value of the property mortgsyed or to the so.vency or ~nso~.ency of said MORTGAGOR p the defendsntt, and that such re~+s, profin, income, iuues and revenw~ shall ba applied by such R~ceiver accord~ng to the lien or equity of wid MORTGAGEE and she p?adice of such Co~A. 8. To duly, promptly ~nd fully perform, d:xharge, exec~te, effect, complete, corc:piy w~th and abida by each snd every tfie stipulations, agreements, conditiona and covenants in aa~d promitsory note and thii mortgsge ut forrh. 9. Thit in the svent the ownenh;p of the mortgsgcd premises, or any part thereof, bccomes vested In • perwn other than the MORTGAGOR, the h'.ORTGAGEE, its succeuon and assigns, msy, wirhout not;ce to the MORTGAOR, dea! wuh such successa or successo~ in interest wish reference to this mo:tgaye and the debt hereby setursd in the t~me menner a~ wtth Morryagor without in any way vitiatiny or d~scMrging the Mortpagors' liabiiity hera- under or upon the debt hereby secured. No sele of she premises I~ereby mortflagad and no forbearence on the pan of th~ MORTGAGEE or ib s•xcesso+s or essigns and no extemion of the time for ths payment of th~ debt hereby :ccured 9iven by the MORTGAGEE or ib ivctessors or aas~yni, ahal! oFerate to releaae, d~uharye, modify ch~ny~ a affect the orip~nal liab~l~ty of the MORiGAGOR here~n, either in whote w i~ part. 10. It is spec+fkally ayreed th~t time is of ths eu~nce of this mntroct artd that no wsiver of any oblipation hereunder or of tM oblig~tan se- c~red hereby sMll at any tlme thereafter ba held to be a waiver of the terms hereof or of the inatrument tecured herby. 11. In add:tio~ to the forego:ng monthly paym~nts of princ'pal er.d interest required by the prom~ssory note secured hereby, mwtgagor covenants ~ end agrees to pay to mortgegee ~n•ith esch monrhly payment an add~ransl sum est:mated by mortgagee to be equal to 1; 12 of the annual cost of the tollow- ino: ~ A-Atl real propcrty taxa kvied or asseased a9ain~t the above described real esrate. B-Prem~ums on fire and windstorm 7nsurance as here~n req~:red to be carried on fhe tm;.roveme~rs rtuate on the above de:cribed premises. ~ G-Premiums on such mortaaye q:.aranty ir.sunr~ce as mortgagee shail from t~me to time deem fit to tarry on the loan setured hereby. z Mwtgagee shstl from time to time no~~fy mo=tgagcr ~n wr~r~ng of tne s~o~m due and payabie hereunder and such sum shall thereupon be due and c 3vable on the due dete of the neat monrhly payment end each successive mo~rh thereafrer ur,tii mortgagee shall rtot~fy mortgagor of a change in such e•rount. Such sumf shal~ be applied by mortyaflee toward the p~yment of resl property taxes, insurance prem;ums, and rt:ortgage Quaranty in~urance p ~ e m iums. ~ IN WiTNE55 WHEREOF, the ssid MORTGAGOR h~s hereunto set his har.d and seal :he dey and~r first afw~uid. ~ r---,.- ~ Sipned. S~al~d and _ IivKed in th~ pre~~ncs of: .~l` 1 r .o ~-r ~ ~ ~tif-.r•.[ t.. ! .Y~ ~ I) ~ lZ~1 ~ - .10 . COtt N~1 ~I~ F 1 i . ~ Eli beth S. ~y~i <--~,~u--~ +n ~ STAiE OF PlAMdA ~ ~f /f2 - : ~,~i`Y ` ' ~ ..f ~I) ~ ~ COUNTY Of ~ ~/4i[ FJ/i t ~ ~ -~~;-x~ Y7 ~ ~ Before me perwnally sppeared -John SCOt t NL 111 - ~ a~d ` ~ E1 i zabet h S. Ne 111 his wife, to me well known and known to rtce to be ~ ~ !he individu~ls dewibed in •nd wlw ~xecuted the faeyanp irotrument, and acknowled~od before me that they e~cecuted the same for the pwposet the*ein expressed. And th~ aid G11 zabe t h S. Ne i 11 ; ~ .v~fe of tiN ..~d - John SCOtt .reil l upon • upsrats and pr~v~t~ e.am~n~rion by ma taken sep~rate •nd apart from her said hu~band, ~tknowiedped to •nd before me that ~h~ exxuted said instrumeM freely and voluer ~ rnr~~y and w~thout eny compulsion, constraint, apprehension, w fear of or from Mr uid husband. ' WITNESS my hand and officul k~l thi• ~ dsy of ~ A. D. 19~~ ~ z t ; ~ flLEL• t* -:;:;:%~uE~ ~ ' f ST L1•.~i ..:~iJFT"s f«. No sry Public ' a ~ ± ~ f i;' ?~S i U My Comrpia~' ~xpirQS: Retvrn Ta C ~f " I_ . C'.: JR ~ first federal Savinps b Loan /4iociatan Gr' - - _ NANCY 1. MA$G?(~Q. (~p1q~ry p~jgtk c = Of Fort P:erte. , C0110ptdtr111~. QNiwN~ Cp.. ~ fort Pieres. Florida ~r Z~ ~ 16 1 MY C0~lIfIMtNOq ~fq F~ 1~~ ~ ~ ~ 30851$ ~ ~ ~ This Instrument Prepared By John t•'. Collins ` ~ First Federal Savings b Loan Association = of For! Pierce , N 1 or i da ~ ~ Checked By ~ R s~ j s ~ 80~K~,J9 PACE2~.41 ~ ~ ~ £ ~ ~ ~ ~ - _ - . - , t ~ ~ ._W_.=n ~ . I~y.~.