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HomeMy WebLinkAbout0769 , . i 3. To plsca and conHnuovsly keep on Iha buildinQ~ now or hereaher ~'tuate on sald lend and on all equtpmeM and partonuNy tavered by thia muitg• sfls, wlifi all prem(ums thereon paid in full, firo Inavrance !n !he usuel standard policy form, tn a sum approved by Ihe MORTGAGEE, end windstorm Inwrentb (r1 Ihs vtuai standa~d polity fo~m, in a svm approved by the A10RTGAGEE, in ~uch tompany or compan~es as the MORTGAG~E may ; ditK~j end ali firo and windstorm inwrance policie~ on any of said twitd~ngs, eny Intcrest tharein ar pail theitof, In the apgregate sUm a(oresaid or ` ~ ~ tn excel~ thereof, ~haN contatn ihe utu~l ~tandard mortgagee clausa or wch o~her cla~te es the MoH9egee may requite, making tha lo» unJ~? said poll- i= cle~, each and every, paya6le to ~aid A~ORTGAGEE as it~ interest may eppear, and each and every such policy ~hall be promptty ass:gned and dr~ive~ed to • 1 ~ny hefd by said h10RTGAGEE as f~rlhar ~ecurity to said mortgage debr, and, not les~ than ten (10) daye in advance of the explration of aath policy, lo de• • . i• llver to taid MORTGAGEE a renewal Ihareof, togethor with e receipt for Ihe premivm of such renewalj and Ihere shall be no fire or windstorm insurance t . pleted o~ eny of said building~, any Interest Iheroin or pa~1 thereof, unless ln ~ha form and with the toss payab~e a: afore~atd; and In the evenJ any sum 1 0( money b~comes payabta undar wch policy or policie~ said MORTGAGEE thaU hava 1he opllon to receiv~ and apply the samo on accounl of the lndebted• ~ ' nesi set~red heteby or to permil said MORTGAGORS to tetaive and ~ie i1 or any part thercof (or othcr p~rposes, withovt th_rcb/ waiving or imp0ir• ~ ~ Ing any equity, Ile~ or right vnder or by virtue of Ihtt mortpage; and in the event ta~d MORIGAGORS shalt for nny renson fail to keep Ihe said pramises so ~ M~wed, o~ (aU to delivar promptly any of said policies of insvranca to said MORTGAGEE, or fail promplly to pay fully any premi~m therefor o~ in any ` ~ rospetl fall to perform, discharge, execute, atfect, complele, comply wi~h and abida by this covenant, or any pari hereof, said :MORIGAGEE may place and t, pay (or tvth In~~rance or any part thereof withovt walving or affecling any option, Iten, equity, or rlght under or by virtue of thit Mortgage, and thc ~ full emovnl ot each and every such payment shall be immediately due and payabfa and shall bear intcrest trom tha data thcreof until paid at the rate ot i nine per cenlum pet annum and ta~e?hcr with suth intercat shafl be secured by the tien of this mottgage. ~ 4. To pe~mit, temmlf or fuffer no ~vaste, Impairment or deterioration of said property or any parl thereof. ~ 5. To pay atl and tingular the ~osts, <harges end expe~ses, including a reaso»able altorney'i fes and costt of abslrocls of title, tncurred or peld at any Ilme by iaid MORTGAGEE, beca~se or in Iha event of Ihe failura on the par~ of the said MORTGAGOR to dvly, promptly and fully perform, diicharqa, f, txecvte, effect, complete, tomply with and abide by each e~d every the stip~lalions, agreemenls. conditians, end covenants of iald promisso~y note and thi~ mortgage any or tither, and said co~ti, charges end expenses, each and every, shall be immediately due and payable; wfie~t+er or not ihere ba nolite d~ ~ mand, anempt to collecl or suft pendingt and the full amovnt of each and e~ery such payment shall t=e• intores~ from the date thereof untfl paid af the = `i tate of ~ine per centum per enn~m; and ali said wsts, charges and expenses (ntvrred or pafd, toge;har with ~~th lntero~t, fhall be secur~d by the lien of thi~ t= - matQsge. ~ ':y 6. Tha1 (s) In tha event of eny breach of thls Mortgage o? defau4 on the parl of the MORTGAGOR, or (b) in the event eny of ~aid ~um~ of money - ' ; herein referred to be not promptly and f~lly paid withln thirly (30) days next aftcr the same severatly bccome dua and payable, wilhoul demand o? nolite, t' ~ or (t) tn the event each and every tha tllpulations, egreements, conditions and covenants of said promissory note and fhit mortgago any or ei~her are nol iuly, promp{Iy and fully pertormed, d~scharged, ezecvted, eftec~ed, completed, compf~ed wiih end abided by, then ln either or any wch event Ihe •aid ag~ :,d yrCgatO wm mentioned in •aId promissory oote then romatntng unpaid, with Interest accruedt and all rrnneya ~ecwed hereby, ahall become due and pay~ : ~ able forlhwlth, or thrreafter, at the option of •aid MORTGAGEE, ai tully and completely es i( all of the taid tumi of money wero originelly ~tipulatcd to be p++id on auch day, anything in said promi~sory note or in this Mortgage to the contra?y nolwiihstanding; and there~poo c+r theroafter at the optian of _,j taid MORTGAGfE, wi~hout notice or demand, suit at !aw or tn equity, ~he~efore or fherea(ter begun, may be prosetuled as If all money sec~red hereby had matwed prior to it~ (nslit~tioo. 7. That in the event that at the be mnt g' ng of ot at any tima pending any su~t upon this Mortgege, o~ to foreclose tt, or to reform (t, or to enforce . p~Ymen1 of any claim~ hereunder, iaid MORTGAGEE ahalt apply to the Co~rt having jurisd~ct+on lhereot 1or the appo+ntment of • Reteiver. wch Co~rl thall ~ { forlhwlth appoinl a receiver of :aid mortgaged property all and •ingular, includmg all and singular the Intome, profits, iisuos and revenves from whataver wurte drrived, each and every of which, it being expressly understood, is hereby mor~gaged as if specif~cally sN tw~h and described in the granting end ;.j . habendvm ctauses hareaf, end svch Receiver rhall have all the broad a~d effetiive functions and power~ in ~nywise entrusted by a Ccurt to a Recelver, and : t iuch sppotntmenl shall be made by such Court at an admitted equity and a matter of abso~ute right to sald MORIGAGEE, and withoW ro(eronce to the ~1 adequacy w inadequacy of tha v~l~e of the property ma~tgaged or to the solvency or in3oivency of tatd MORTGAGOR or tha defendant~, and that •uch rertls, proiits, Fncoma, (ss~es and revenuas ihall be applied by such Reteiver according to the Iirn or eqvity ot said MORTGAGEE and 1ha pradice of tuch s' . Court. 8. To duly, promptly and fully F.erform, dischsrge, execule, effecL comalete, comply wilh and abida by eacfi and every fhe stip~lsftoni, egreement~, coeditions end covenantt in caid pramissory note and this morigage set Ior~h. ~ ` 9. That in the event the ownership of !he morigaged premises, or any part theteof, brcomes vested ln a perwn other than the MORTGAGOR, the :,i MORTGAGEE, iti wccessors and assig~i, may, without notice to the MORTGAOR, deal with such successor or successor in iMerosl with ~eference to thfa .:~i mortgage and the debl here~y secured in the same manner as with Mortgagor withouf in any way vitialiny or disth~rging 1he Mortgagors' liability he~a under or upon 1he debt hereby secvred. No sale of the premise~ hereby mortgaged •nd no forbearance on the parl of Ihe MORTGAGEE or its wccessort ' w assign• and no extension of the time ior the payment of the debt hereby secvred given by the MORTGAGEE Qr its ~~tcei~aa or essig~~, shell operate ~ to releasa, discharge, modity changa or affect the original tiab~lity of 1he MORTGAGOR herein, either in vvhole or ln part. 3 10. M it specifically agrecd that timo J~ of tha e~sence of this contract and that no w~tver of any obligetion herounder or of the obllgal'wn sa turcd hereby shell a1 eny time thereafter be hetd to be a waiver of the te~ms hereof or of tha (ostrume~t tecured hcrby. • 11. In add~tion to the forego:ng monthly paymenti of princ:pal and interest required by the promissory note set~red hereby, morlgagat covenanti and sgree: to pay to mortgagee with each mon+hty pzyment an additional sum est~mated by mortgagea to be eqoal To 1/12 of tba annual cost of the follow- F.: ing; ' A-All real property taxes levied or assessed agatnit the above described real estate. • ' B-Premiums on fire and windstorm insurance as herein ?eq~~red to be carried on the improvementt tit~ate on the above desc~ibed premtset. C-Premiumt on :uch mortgage guaranty insuronce as morigagee sh~tl from time ro tima deem fit to carry on the loan tecured hereby. ' Morlgagee shaN from time to time notify mortqagor in writirtg of the amovnt due snd payable hereunder ~nd ~vch sum shall the~e~pon 6e due and ~ payable on the due date of the next monthly payment and each~ successive month thereafter u~til mortgagee shall notify mortgagor of a change (n such amount, Such wmi thall be applied by mottgagee toward the payment oF real properfy faxes, tnturance premivmt, and mortgage gvatanty insurinta ' premivms. ~ . - . ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto tet his hand and seal the dey and r flrst afore~aid. ~ Signed, sled~ deliv In the presencs of: ~ ; t ~ ' ~ " ~a~ t . ' _~~e.~q _ rSe~q - . ; E ~ ~ - ~..._.~Seaq i' STATE OP fLORIDA ~ covrm oF i _ . . . • - _ ` Sa n L iCie ` ` j~ . 1 - 8efors ma penorully ~pp~a~ed Genevieve B. Gillette, a sin~le adult ,,,a, ~ hirrwie, to en~ w~ll known ~r?d known to rr» to b~ = tM Individw described in and who executed ~he foreyoiny Mstrument, and acknowledped befon me that ~eexecuted tM • wm~ ta tta purp~oses . ' ' ' theretn expresied. /4rrd ~ffie ~d ~s_ - evff~of~f4se'sdh!' . .'si +z+miwreiow.ipw~.~at~ew•~ep~r~t~~ewd -fronrfiar'vldife~and;~seknewt ~*'~'mnrnc~r,etpRrsrr~ :t , ~~a~-.~a~ e~e,ne-~~aracd-e~~o+e~-:era~~n,m,~m ~~r~a~na~~~. - d+cil~c..n~.w:+~ort•.~yr.oon,p,A.ia,ro~ns?ee~++,-QP'pr'e}x++derr-~ylr-faerd~-frortr'het'sa+d-r,ot~erhd. _ WITNESS my hsnd and official saal thi• day of _~~11 ,$1'~9Z' p, ~q~ - 3 ~ .~.rjr C~~-^~/_V 'T~~~ ~ . ~ ~ . . Notery P~blic In and ia tM Staf~ vf Flo~b~ ~t urp~ t;~ R~turn To: ~ ~ My Commisslort sxplreu ~ ~ Notary Public~ Stat~ of Florida at Large _ ~ itnt F~d~rd Savtnya i lox? Aaoclat~on ~~~~~g~ . S~ d by A~mer'~can Suiety~Co3ofjN~. Y. ~ Of Fcxt Fierte. . Y ~ o?.«.. F~a~. FILEO AND R~CORDED . _ : ~ . . , ~ y~ o~ . ~4` ~o `'~j ~~(~~~~~~~?~*/~x . ~ i v ~,f g~,#f : : ~ C~ {~..~~~'!~ll1~1-~7~iNIFif~ ~ o ~ 1 \ . , ~.•~;,1 ~ , ~ ~ ~ s ~ e ~~~~y ~ ~ • ~ • ~!k'.•' ~iQ 'I . ' ~ r ~:~j`~~ rr~~~: ~ 1964t10Y 25. AHtI'27 ~ . '^~';'~,i-~ v;~ r•~~. 1 . ; r' q ~ ~l~• ' ' : ~ ;~:~T? ROGER P011'(tdS. CIkRK . ` y ' :,•F~+::~~;,,N~,:..~q, : Si. LUCIE ~OUNTY, FLORIOA ~ : ,~~~~l'~ o f y~~ "0~ • - . 0 A ~ . . ~i' jl..~V`.r. ~'•~i ~ "'r,: . ~ , • . . ~~~K ~O~ ,,1~f~ ~'~~~~a~ ~ ' ' - . ~~~nnni~~~~~~' r- • ~ M.~r , ~ . . ~ • - - ' ~ . . a. ~_-.,t_t~...~.~_>..._~-~....~ .~-~.,...-_.,_..v.,~.~.~,.~~...~r. "