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HomeMy WebLinkAbout1220 1 . . - ~ _ _ ~ • ` • ~ ~ • .i • • ~ ~ ~ ~ ~ 3. To plue ~~d conttnirausly keep o~ the hvitding~ now er hsrtaiter ~ltuata on taW land and on ~U equtpmenf and peroatuily covertd by tht~ mortg- ~ -•l sgs~, wlih ~II ~x~entum~ thereon p~td t~ fult, firo t~suranee in the uwa! ~tandard poUey form, In s wm ~plxowd by tho A+40RTGAGEE, ~nd w~nd~torm ~ Iruursnct in tM u~w! N~,~,rd paliry fam, in a sum +pproved by the AAORTGAGEE, tn wch tompAny or companie~` es ~he MORTGAGEE m~Y ~ dltscij ~nd ~l{ fira and windstorm Inivrante polide~ on any of ~ald bu(Idings, any tnterosl therot~ w parf thertot. tn I~~e apyre~ate 1um ~fore~eld ar I M~xc~s~ fhoreal, :hall contaln the vwa! itandard mwtgagae tlause or such ottirr tlavse as Ihe Mortpagee may requiro, mekinp the lots undcr •aid po1E I ~ ci4t, eich ~nd ~vety, payrble to ~iid MORTGAGEE at ih intercsi may appau, and each ~nd every tuch policy shall bs promptly •~s:gned and delivered to ; ~ny Mid by aid MORTGAGE6 furlhar tecur(ty lo iafd mortpage dabt, snd, not les: than ten (10) days !n edvance of !he expiratlon of each polity, to da ; livet to ~aW 1NORTGAGEE • rsnewat thareof, togeiher wl~h a ~ecetpt for tho premlum of ~uch ~enewal~ and Ihe~e thall b~ ~o tire o~ wlndstorm Tnsurance pl~ctd on any of taid bvlldings, any intere~l therain or part therrof, unles~ tn the (orm •nd with Ihe lo?~ p~yable e• atort~atd~ and ~n the event any ium of ma?~y bacomei psyabia under such pottty o~ paliciai ~aid MORTGAGEE ihsll hava tha option fo recetve and apply thn seme on eccou~l of Iha Indebted- r+esi ~ecurad h~raby a to permil s~id MORiGAGORS to receive and u~e it ot any part thereof ta o~hur p~~potes, wi~hout thereb~ wafvi~~g or in,pair• ~ Inp ~~y puity, lien w tighl under or by virtue of Ihit mortgagej and in ths event ~aid MORTGAGORS ~hall (or any reaton fal) to keep the said preml?e~ io ~ tnsured, or fei) to deliver promplly any oi said policies of ina~ranca to tatd MORTGAGEE, o~ tail p~omplly to pay fully any premium therefor or in any _ rt~petf fall ro p~rtc+rrty dischuge, exscule, ef(at, completa, comply wi~h and abide by this covenanl, a eny part he~eof, •a(d MORTGAGEf may plece and $ ; p~y for •uch Inwrance o~ any p~rt thereof wiihout waivinq w aftectin~ ar,y opHor~, Iten, equfty, or right ~ndar or by virtua of thi~ Monpage, and Ihe ~ : full •mount oi e+ch and every ~uch p~yment shall be immediately due and payable and shall bear tnterest from tho date thereol until prid at tha rela ol nin~ ~per centum per annum and toyether with such tnterest theli bo set~red by ihe lien of thts mortgsge. ; , ~ 4. To permtt, commit or wffer no wasts, impairment cr deteriorot(on o1 taid property or any parl thereof. z . ; : S. To p~y all aod singula~ the coslt, charqe~ and expen~es, inctuding a reaso~able attorney'a fee aru~ costt of eb~tractt of tiNe, Incu~red or psld •t ' any tlma by ~aid MORTGAGfE, because or In the event of Ihe failure on the part of tM teid MnRTGAGOR to duly, promptly end fully perfwm. discharge, ' •xec~t~, ~ffeci, complet~, comply with and abide by aach and avery the itipulation~, agreements, conditio~i, and covenanti of ~~id promiisary note and thit ; mal9aq~ any or eiihar, and utd cosrs, charge~ end expenief, each end every, shall be immediatoly duo and payablep whether or not the~e bs notice de~ , j m~nd, attempt to collett or wll p~ndin9~ a~d the full amount ef eecfi and every ~vch payment ?hall boar INere~l from thr date tho~eof until pa{d et the 3 rote of oine per centum per annum; and all said co~is, charges and expenses tnevrred or paid, togethe~ with tuch tnterest, ~hail ba ~ecured by ti» Ilen o( tht~ ~ 3; moriQ~q~. i 6. Th~1 In the e~ent of any breach of tht~ AAortgaye or default on the parl of the MORTGAGOR, w(b) tn ihe evant sny of ~atd •unu of mo~ey • i her~Tn r~f~tred to be oot prompfly and fully paid within thirty (30) dayi next a(ter the ~ame icverally become dw ~nd payable, wtthout damend or notlce, or (c) (n tM w~ni each and every tha ~tipvlation~, agreams~fi, tonditions and tovenants of iaid prom(ssory nbts and thi• mortgege any or eithsr aro noi ; ~uly, prompyy ~nd fully per(ormrd, diichargrd, executed, effecled, completed, complied with.and abided by, lhen In either w any iuch event Ihs ~std aq- ' preyatt fum mtMion~d In tatd promi~sory nota then remainTn9 unpaid, with t~terost aurved. and alf maneys tecured htreby, ahall becoms due and pay- y i ~bte forthwith, or th~s~eafte~, at the option of said MORTGAGEE, ai fully and completely as Ii all of Ihe ~ald svmE of monoy were aiginally ~tipuleted 3 fo be paid on ouch day, anythin~ in •aid promisiory ~ote or tn thls Mott9aye to the contrary notwithstandinpj and thetevpon or theroaftet at tM optior~ of uid MORTGAGEE, without notice or demsnd, wit at 1aw ar Irt eq~ity, theretere or thereafta~ begun, may be proseculed ~s if all monay~ ~acured heroby had matured prio~ ro its Institution. i~ 7. That t~ tM avant that ~t the bagtnntng of or at ~ny tima per~diny ~ny :uit upon thi~ Mortysgs, or to for~tlow tt, or to nfwm tt, or to ~nforc~ 1 t payment of any cl~imt her~vndar, ~~id MORTGAGEE ~h~ll •pply ta Ihe Coun havin9 (urisdlction the~oof for tM appointment of a R~celver, ~~ch Coun sha11 forthwlth +ppodnt a ~acelvsr of sald mortgaged proparty ~U ~nd singular, lnclud~ag all •nd sinflul~r the income, profits, I~wti and rovenves from whetaver ~ ~ wurce da~Ived, eash ~~d ~very of which, it -bei~ ex~xeifty undentood, if hereby mwigaged at if ~petificalty set (wth u?d desutkxd In tha ~ranting and l ~ . hab~ndum claut~e t+ereof, a~d svch Rreeiv~r shali Aave all tha broad aod effectiva funct~on~ and powe» )n anywise entru~fed by • Co~rt to a Recelver, and J ~ wch appolntrt?sN thall be made by ~uch Court as +n admiHet! equily and a ma~trr of absolute ripM to ~afd MORiGAGEf, and without refer~nce to th~ i ~daqvacy or Irudeq~acy of the vilw of the properry mortg~ped or to the wlvency or inwl~ency of ~iid MORT~GAGOR or ths detendants, and th~t •vrh ~ nnt~, profib, Incoms, ksurs and revanuei shall bs applted by s~ch Reteiver accordiny to the Ilen or equ(ty of wid MORTGAGEE artd the practice of tuch ' , Court. 8. To duly, p~omptty and fully perfam, dischsrgs, execute, effeN, cort+plate, comply with and abtde by ach ond every th~ stipulations, agreem~nt~, ~j • coriditbru and coven~nt~ in uid promiswry rtat~ ~nd 1hi: mortgags :et farh. . t 9. That tn tM ~veM tM ownerthtp of fh~ mortga9ed premise~, or any part tF+eraof, becomei vs~f~d In • persan otMr than th~ MORTGAGOR, tM MORTGAGEE, 1» e~cassor~ snd sul9ne, may, without notite to thm MORiGAOR, deal with •uch succsssor w wcce~sor tn Interest wlt~ r~ference to this ~ moriy~ap~ and ttn debl fierebr kcured tn the •ama manner at wi~h Mortgagor without In any way 411t~tinp or dischsrginy fhe Mortgaflort' Itsb!lity hora under or upon the debt hereby secwed. No sste of th~ premiu~ hereby matflsgsd •nd no forbearanc~ or~ tht part ot tha MORTGAGEE or it~ tvccesson i -i ~ a assigns snd no extanilon oi the Ume for the payrtxnt of the debt hereby secured ytven by tfw MORTGAGEE or iti ~vccesiori or asslpns, shell oparato . b nleasa, di~charg+, modify chanpe or affect 1M original liability of.the MORTGAGOR hareln, ~ithar in wholt w M put. ' ~ y i0. tt k apeciticetly agreed that Hme is of the euence of thi: tonhxl and that no walver af eny obliQ~tion Mreur?der or of the obllgation se- ' cured hereby tMll ~t sny tlma tF?ereafter be held fo be ~ w~iver of the terma heroof or o~ the In~trvrrknt tetured hetby. ~ 11. In addition to the farego:ng monthty payments of princ:psl and i~teresl requirod by ihe promiitory note aetured hereby, mortyagor covenanlt + and agree~ to pay to mor~gages with each monthly paymenl an additional sum estimated by moftgagee to be eqval to t/12 of the annval co~t of the follow- ~ ; Ing: ~ ~ . A--AII re~l property taxas levied or assessed against thc above desulbed real est~te. - ~ ~ ; B-Premiumi on fire and wirtdatorm inwtance as hercin requ;red to be carried on the improvert?enH tituats on fM abors deicribed pr~mt~es. ' ~ s C-premi~ms on such mortgage qwranry tnsurance as mortgagee shall from- time fo time dcert~ fit fo urry on the lo~n secvied hereby. ~ ; Nbngsflee shall from tima to tirt?e notify mortgagar in writing of the amount dus and payabla Mreunder ar~d •uch wm thsl! tfiertupon be dus ~nd ~ ~ p~yibl~ on the due daro of the next rrro~thly payment and each ~uccessivs month thereafter untll mortp~yee ahsll rwtify rtwrtga9w of a thang~ In suth F amovnt. S~ch sumi chall be applied by morlgagea towsrd the paymenl of ~sal ptopeNy tsxei, Insurance ptemiumt, and mortgaye 9oaranty tnwranct ~ ~ premiums. . i : i 1N WIiNESS WHEREOF, the iaid MORTGAGOR ha~ hercunto iet hii hand .end se~) fhe d+y ~nd ytar f1rN aforawid. _ ~ Sfpr1~ S~a! •nd de~I ed In pres4nca ofe ; : .~+e~~/ , 4 7 . J ' yeaq ` , ~ , ~~q ; i~~n ~ STATE OF fLORIDA • ; ~ SS. ` ' . : . . couwrY oF Saint Luaie ~ . . ~ ; ' ~ , -a.ra. m. p~no~i.~t,? .ppv,~.d ~~~d-E. ~er1rLE~3r..~r. .ad - ~ -i F.rl~i t}, f: _ Benner ht• wtf., to m. well knowr? and krwwm a m. to b. ~ _ tM k~divldua~i dnuib~d le snd who execvted tFw fcxe9otny ku~nrm~nt, r~d sckrwM,l~dpad b~fon n» tMt t1»y ~xocuted the ~ame for tM pvrpo~es ~ : eh.r•u, .xpres~, N,d ,t,. „~a Edith C,~ Bennel~ ~ ~ ' wtir. ~ r?» ~.~d - Flovd E. Benner. Sr. ~ ..~,.raa .~,a ~.s~.~. ~ ex~minatian by m~ t~ken kp~rats and ep~rt from Mr aid hv~band, ackrawledged to ind befars ms thst st» ~xetufed a1d Instrument fresl~ ~nd volvo- ~ tarily and without ~ny compulsion, co~straint, apprefiensian, Mfeu Of Of ffOT I10r NW I1YibiJld. WITNESS my hurxt ~nd official saal t}?1¦ da D mb _ . Y A. D. 19~ ~ ,s ~rl~~~ . ~ Notary Publie to sexl fa t!w St~» ot f{aida at ~ • 13I~15 M Commtuton e st larka R.rw,n ro~ . . r "~~NotOrY P~tbAc~ gtata o ~ flrn F~dK~I Sa.vurg~ ~ toan I?swcktion My Comm.ss.on Expire~ Diov. 3, 1965 ; ~ Sondecf by American Suroty C~. of N. Y. i'i . ~ f~, P~.. FIl.ED AND RECORDED ~ ~ P~~...E~.....,, . . - ra~ro1~ ~~ti,, ~ ~j ~ ~ ; v ~ 7 C~~''s ~ ~ ' BO~K . ,~ti~~~~~.......,; .?~~~:~s ~ . • +eC : . . ~ • ~r,'i`~~,~••~i'l~ f.7v ' - ~ ~d~'~ # i : : . d 4 DEC ~3. 3y~,~ ~ s ~ . . . . . , _ . ; . . ~ . . ; . a . r . • ~ ~ E ~ : ROGfR POITRAS q.E . . _ _ ~:~~-w,,4 ~j s . ~ ' ' ' ! s ~ ~M: , , ` ~ S~. LUCfE COUNT1'. f~~R Q R' ` , . : : ~ ' ~j . 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