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Home My WebLink About0396 3. lo p~ace and co~vinuously keep on the b~~~•dir.gs now or hereaitir~twte oo t~id land snd on ~II equ~pmeM ~nd pawnally cov~~~d by thi~ mort¢ age, wi~h •I) p~emiurt,s Mereon pa.d ~n lult, fire innurar.ce ~n Ihe ~~usl s~anda~d pol~cy fwm, in • s~m aFao+ed by 1M MORiGAGEE, ~nd w~ndslwm insurance In the us~~e) ttanda~d gol:cy form, in a wm approva.~ by tM MORiGAGEE, in such trnnp~ny or compan~q ~s 1he MORiGAGEE may di~ectp and all firs ar+d wmds~orm insvrance po~~c+NS o+~ any of sa7d build~n9s, any intercit therain or pu1 theroof, in IM ~p9~e9~~~ wm ~fweuid ot In ~xctss ~hereo(, ahall contain ~he ui~al sra~~Jrrd ~nortgagQe clauie w such ofher ctauss as tM Morty~gN may requ~r~, m~Ainp tl» lou unda ~a~d polF cies, each ~nd every, psyable to said MORiGAGEE a~ its ~roerest may ~ppear, end each and wery ~uch policy thaU b~ p~omptly ass.yn~d ~IIV~ffd ~o any held by sa~d I~tiOR(GAGEE as furrher se<uri~y to sa;d n,origage deb~, and, not less tMn ten (10) dayt in ~d~ance of tM txpiration o1 each policy, ro d~- liv~r Io said h10RTGAGEE a rrnewal th~reoi, Ioge~her with a receipt fcx the premium of tuch ranewal; and ~her• sna~l be rq firs or windsto~m insur~nt~ placed on any ot sa~d bu~~d~ngs, a~y inte~es~ there~R w part ehereof, unle~s ~n The fo~m and witA the lou payabl~ a• aforesa~d; ~nd i~ the •wM any sum of money becemes payable under iuch pol~cy w poi~cies sa~d h10RTGAGEE ehall have ~he option to recaive at,d appty the sams on accounl of ?M indebtrd- ness secur~d hareby or ~o permit sa~d MORiGAGORS tp recei~e and uss it or any part fhe~eot 1or other purposes, wt~hout the~eb~ w~ivi~~p or ~mpair- iny •ny eq~ity, lien w righe under w by v~rwe of this mo-:gaga; and in ths ev~~~ sa~d MORTGAGOR$ ihall (w any reawn fafl to kcep Ihe s+id premise~ w ' insured, w fsil to deliver promFtly any of said pol~uee of insuranca to sa~d MURTGAGEE, w fai! promp!ly to pay (uily ~ny pr~mium thorefo~ w i~ any '1`a ' respect tail to periorm, d~scharge, execvee, rffecf, comptete, com{~ly wi~h and ab~de by this covensnl, or ~ny part heraof, iaid MOR7GAGEE may place and pay for tuch irtsura~ct or any part the~eo4 w~thout waiving or aifectinp any opt;on, lien, equity, or riyht unda or by virlw of this Martyafls, and the ' (ull amoum of each and every such peyment shall be immeJiately due and payabte and shall bear interesl from tM dat~ lhereof u~til paid at tM rN~ ol " nine per centum prr annum and togrther w~~h wcn intereat shall tx securcd by fhe lien of this mortysys. 1. To permit, commit w sutfer no waste, impairrn~nt a deterioretion of said property or arty part thereof. 5. To psy all and iingutar the costs, charges snd expenses, ~ncluding e rea~on~ble anorney's fee snd costs of abttrscN oi title, iRCU~r~d p paid ~t sny time by iaid MOR~GAGEE, becau~e or in tho event of the failure on 1he parl of tM said MORTGAGOR to duly, p~omptly ~nd fvlly per}orm, discharg~, zxctute, effect, complete, comply w~th and ab:de by eath and every the SIiPuIdltCff3, sgreements, tond~tions, and tovenants of Nid promisswy not~ and thia mortgage any or e~rher, and sa~d costs, charges and expenses, each and every, shall be immediately due •nd pay~bte; whether w ~ot ther~ b~ notice da mand, attempt to _collect or suit pend~ng; and the iull an~~unt of each and e~ery soch payment ~hail bee. intcrett from Ihs d~te thereof until paid at the rate o~ n~ne per cenwm per annum; and all said costs, cha~ges and exaenses incurred a paid, togather with such intereai, shall be ittured by tM lisn of thit mort9age. 6. Tha~ (a) in the evenl of any breach of lhis Matgage or defaul~ on the pa~t oi the MORTGAGOR, w(b? in the event ~ny of s~id svms of ineney heroin referred to be not pramptly and fully paid wiihin thuty {3~~ days next after the same uverally become dve snd payabls, without demand o~ notite, or (c) in the event each and every the stipulntio~:, agreements, condirions and covenants of w~d p?omiswry note ~nd thif mat~p~ ~ny or ~~the~ •re not ~uly, promptly and fully performed, d:scharged, racweed. effecred, completed, compGed w~th and abided Sy, then in eiti~er a a~y fuch w~nt Ihs said a¢ gregste sum mentioned in said promisso~y nore ?hen rema:ning unpaid, with intrrest accrued, and atl moneys secu~rd hereby, shall betom~ dw ae?d pay- able forthwith, o~ thereafter, at the option of said MORIGAGEE, as futly and completely as i1 aIl of tFx said sums Of mon~y wtre wiyinally stiputaled to be paid oo such day, anything in sa:d prcm~sswy ~ote or in this Mortgage te the contrary ~otwithstanding; and thereupon or theteafter ~t the option of said MORTGAGEE, without rqtice w demand, su~t at law or in equ:ty, thercfore or thereafter begun, may be prosOtuted u it ~II rtwney~ s~ctrred ixreby had mafured pr~or Io its institWion. 7. That in ihe event that at the beginning of or at any time pending any suit upon this Mort9~ge, w to fwetlose it, o~ to refwm (t, or fo enfprp payment of any cla~ms hereunder, u:d MORTGAGEE shall apply to the Co~r1 hav~ng jur~sd~c~~or, ~Fxreof for the appointmenf of s ReceivK, such CouM shali Forthwith appoinl a receiver oi said mo~tgaged p?operty all snd singular, inc!~d~ng alt and singular the int~me, profib, isiWa ~nd tevenut~ from whatever source derived, each and every of which, i~ being expressly understood, is hereby mortgmged as if tpeuficslly set fonh and described in the y~antinp and habend~m clsuses hereoF, and such Receiver shali have all the broad and eff~ctive funct~ons and powers in anyw~se enuuited by a Court to a Receive~, arsJ such appointment shail be made by such Cou~t as an admitte•! equity and a matter of absolute right to said MORTGAGEE, u~d without referente to ths adequaty or inadrquacy of the vatue of the property mortgaged or to the so;vency or ~nsalvency of iaid MORTGAGOR p the defe~nfs, ar~d that such ren~s, profits, income, iaeues snd revenues shall be applied by such Receivr according Io the lien or equity of said MORTGAGEE and the prxtice of suth Court. 8. To duly, promptty and fully per/orm, discha?ge, execute, effecl, complete, comply with and sbid~ by eath and every the ttipuiations, sgreemenfs, conditions and covenants m said promissory note arxl this mortoage set forth_ 9. That in the event the ownership of the mortgaged premisea, or eny part lhereof, becomq vested in a perspn other tFum tF+e II140RTGAGOR, fF+~ M.ORTGAGEE, irs successors and ss~~gns, may, without no:ice to the MORTGAOR, desl with such successor or suctessor in inferest with reference to thi~ mortgage and tFu debf he~eby secured in the same manner as with Mortgagor wifhout in sny way vitiating or d~stha~ping the Mwtgsgors' Iiability hera under w upon the debt hereby secu~ed. No saie o( the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE or its suctessors cr ass~gns and no exte~sion of tFe t~me tor tl~e payment of the debt hereby secu~ed given by the MORTGAGEE or its successora w ~ss;gns, ~hall operale ~o release, d~scharge, modify change or affect the orig~nal liabil~ty of the NARTGAGOR herein, eit~t in whole d in put. 10. It is spec~Ficelly agreed thet time is of the esunce of thls contracf and that no waiver of any obligation kereunder a of tF» oblyation se- ~ cured hereby shall at any tim.e thereaiter be held to be a waive~ of the terms hereof a of the instrument secured herby, F 11. In add.t]on to the forego.ng monthly payments of prin~ pal and inrerest required by the promissory nole secured hereby, mortgagor covenants and agrees to pey to mortgagee v~~th each monthfy pay~,ent an add~~ional sum estimared by matgagee to be equal to 1/12 of the annual cost of ibe follaw- j ~ng: A-AI~ real property taxrs levicd or asseased against thc above desaibed real estate_ ~ B-Prem~vms on f~re and windstorm insurar,ce as herein requ~red to be carried on the improveme~ts situate on the •bove de~cribed premises. C-Premiums on such mortgage guar~roy in:uren~e as mortgagee shail -1rom t~me to time deem fit to carry on Ihe {oan setured hereby. , Mwtgagee sfia!i from ~cme to t~me norify mortgagor ~n writ~~g of the amount due and payable hereunder and such sum shall thereupon be due and I payable on the due date of ~he next month!y payment and each successive month thereafier ur,til mortgagee shall notify mortgsgw of a change in such amount. $uch sums shall be applied by mortgagee toward tFw paymenT of real property taxes, insurante prtm:ums, and mortyage guatanty insurance p~emiuma. ~ IN WITNE55 WHERfOF, the said MORTGAGOR has hereunto set his hand and seal the day aqd ~r first aforesaid. ~ ~ i ; ig Sealed a eliver n the presence of: _y ~ 'j --'TN _ . - . i_~•;[~~ , ~1~~lC~il~ f~ ~ _ : ss~~T ,'~~i iaa nt ey .n i . s=- r~~ y r ` ; :,,r~~ s - ' - . - i a n ey en , ~9 t0 23 ~M 6 ~ STATE Of OI'110 ~ couNrr oF Crawford 33(~20~1_ . r William C. - g eefwe me pe~sonally appeared _ M8flLt1@y 1~Vlif~B C Manthev his wife, to me well k~own and known to me to b~ ~ the individwls described in ~nd who executed tF~e foregoir~ insuument, and acknowledged befwe me that they exeWted the sam~ fM tFM putposes . ~ Wlldd C . s rhereen expressed. And the said Manthey ; wife of the said Wlil~~ C. y Ma nt he vP«, ,,~p,.,ra and priv.» examination by me taken separate and apart from her said husband, acknowledged to and before me that she execvted ~id imtrume~t f~ealY ~nd ypluo- ~ rar;ly and w+thout any compulsio~, constr;;.v, apprehension, w fear of or from her said h~sband. ;j ~ WITNE55 m hand and of(icial seal this ,°•''y~;• 19_ ~6 { Y. 8th day ot rch ; , ~ John I.. Wagner, Notary Pubtic In snd fw $tate lqt My Comm~uion ~~ppC ~S p anent:.- ~ Retum Ta , j , . • First Faieral Savings S Loan Aswciation ' ' Of Fort P.erce. . ~ - fort Fierce, Fiorida i 3 This Instrument Prepared By John W. Collins ; First Federal Savings & loan Associatien - ~ of Fort Pieres~ Florida ~ G~,(~ E ~5O ~tiE ~3 ' Checked 8y T~ ~ - ~ ; ~ ~ ~ 'F ~ ~ sh ~ ~ ~ Y ~ - - - - - - - - ` ~ ~ ~ t._ ~ _ ~ _ 1~..~~ ~ _ . _