Loading...
HomeMy WebLinkAbout2370 ~ , r ~ . 3. Tc plars •nd canttnuo~siy kssp an IAe bulidinfli now or hera~ltor ~t?vate on ~ald land and on all equlpment ~ad porsonally cove+sd by thii matp- ps, wUh •U premiumf Ihereon pald tn fulr.~re I~surance 1n Ihe vival etanda:d poiicy fo~m, In a sum approved by Ihc MORiGAGEf, ~nd wlrxlitum ~ , Inwr~nt~ In Ihe uwal ttanderd poGcy fwt,y In a sum •pprovad by tho MORTGAGEE, In such tompany or comp~nte~ u ~ha MORTGAGEE m~y ~ dirscl~ and all fire and windetorm in~uronco rolicies on •ny of said build~ngt, ~ny interasl therein or pirt ihereoi, In Ihs agqrege?e ~um •iore~~id or In axau ihareof, thall coNain ihe usual itandard morlgac~ee cla~se o~ wch olher claute es tha Mwtgagse may reqvite, mileinp 1ha losf vndar ~aid polN • i tle:, each ~nd ever~~~ payeble !o tetd MORTGAirEE at it~ intereet may eppear, and each and eve~y tu<h poltcy ~hall be promp~ly es~:gned and delivered Io •ny held by seld MORTGAGEE furiher security to satd ~nortpage deb?, •nd, not less ~han ien (10) day~ in advance qf ~he expir~fion of each Esolicy, to dr Uv~r to ~aid MORTGAGEE a renawai ihereof, toge~har with e receipt fcr Ihe pramivm of suth renewalj ant! there•~h~ll bo no f~re or windttorm iniurenco pliced on sny of said buildi~gs, a~y in~ere~t thtrein ot part thereof, unleYS in the form an~ wiih the loas payabls ai ato~esaldj sn~ in iha event any tium of money becomei psyable under sv<h policy or policies said MORTGAGEE ihall havo the option to recatva and apply Iha ~arne on ~c<ovnt o( tha Indebted• nas~ tecured hereby or to perm~t safd MORTGACORS lo receive and ute i~ or any part thereof lor other pur~,oses, wlihoul thsrcb~ waivi~ig or impair• - In~ any ~q~ity, Iten ot ~iQh1 unde~ o~ by virl~e of this mortgagej and in 1he evant sa~d MORTGAGORS ehall tor any rea~on tail to keep the teid premitief ~o Insured, w Ial) fo deliver promptly any of said policies ol tnsurance lo said MORIGAGEE, or fail promptly to pay fully sny premium Iherefor or in a~y ~ ?eiprct Iell lo pertorm, di~charge, exec~te, aFfecl, comp!ete, canply wi~h end abida by thii covenaro, or any part hereof~ ~aid MORTGAGEE may ptece and p~y (or tiuch lnsu~ance or any parl the~eof without walviag o~ a((ecting any opilo~, lian, equi~y, a right undor w 6y virlue of ~ht~ Morigaqe, ~nd tht fult amo~M o( each ~r:d every iuch paymant :hall ba immediatety due and payablo enJ •hnll bear interesl (rom tha date Ihcreo( until paid a1 the ra~• ol ~lne por centum per annum and together with such i~terest shall be ssc~red by the lien ot Ihii mo~tgage. 4. To p*rmit, commU or autfer no waNS, Impatrment or deterioraUon of wid property or a~y parl thereof, S. To pay all •~d singulu the cotit~, tharget and expentes, includinp a rea~o~able atlorney'i (ee and cos1~ of ~b~tractt of If11e, (ncurr~d or p~id •1 ' any tlme by ~aid MOkTGAGEE, because w(n ~he event of Ihe (aiture on tha part of tha ~aid MORTGAGOR 1o duly. promptly end fully parform, ditcharg~, •xec~te, efFect, tomplete, comply with and abide by each and avery the ifipulaiions, agreements, <onditian~, snd tovenaros o( s~td promistory note snd ~hiti i matyage any or either, and taid coats, tharg~~ ~nd expansef, each end every, shall bo immediatety due and psyable; whethet ot not there ba rtotite da ' mand. atttmpf to collect or svif pendingf and the full arnounJ of aarb nnd every such paymen~ Ehall bear interest from the dete the~eot u~~il pald al tM tate ot nine per centum prr annum; and all iald coita, chargea and ezpenses tnc~rred or paid, together with such intereil, shall be iecured by Ihe lien of tht~ mortpayt. 6. Th~l lo ths aveM of any breach of thts Mortga~o ot default on ths parf af tha MORTGAGOR, or (b) In tho evsnt my of ~ald tvms of money _ Mr~ln nferred to be not prompUy and fully psid within thirly (30) days ner.t atter the same aeveratly becoma dws and pay~blt, wilhout demand or nollce, or (c) I~ the evant each •nd every ths ttipulalions, agreementti, condifions and covenant~ of :aid promf:fory noto and 1h~s mortg~ye eny or •flher ar~ no1 2 ivty, promptty and fully performed, dischargrd, aaecuted, elfrclod, comp!etrd, complied with end abidad by, then In either o~ •ny iuch avenl Ih~ ~~id sp~ 9regate ~um mentioned in said promistory nole ihen rrmaining unpaid, with imerest ec<rued, and all moneyt setured hereby, ~hall becomo dw and pay~ ' ~tal~ forthwtth, or lheresiter, at tha option of ~eid MORfGAGEE, a~ iully ~nd completety at IF ~11 of the wid ~vrni of monsy wero wipln~lly •Iipul~fed to be peld on iuth day, anylhlnfl tn said promi~sorr nota or In thls Mu~lgage to 1he controry oolwiths~anding; a~d tfiereupon or lhere~it~ a1 tha option of •aId M~RTGAGEE, without nolice or demarxl, suit at law or in equily, theralora or thereat~er beg~n, may be prosecuted ai if all ma»yt i~cuted hereby ~ , fud matwed prior to it~ instit~tion. • ~ 7. That in tM event that a? the beginning of or at any time pending any •~U upon th~s Mortgags, or to faacioss It, or to roform h, or to enforc~ paymenl of •ny tlaim~ hereunder, iaid hiORTGAGEE ~hall apply to ihe Court having ~urisdiction Ihereof tor th~ appointmant of ~ Receiver, tvch Covrt sh~ll ' forlhwlih appotnt e recelver of •aid mortg~gcd property all end stnguiar, intt~dmg alt and singular tho incom~, profiu, litue~ and rcvenue~ from whetev~r ~ wurce de~Ived, s~ch ~nd evary of which, h beinfl expre~~ly undentood, is hereby mortgaged a~ if tpetifiuUy ~at fath snd de~tribed tn IM yra~tinQ and i habendum clau~es he~eof, end ~~ch Receiver ~hall hava ell Ihe broad and e(ialive f~~cl~ons and power• In anywice entruttrd by a Cour1 fo • Retelvsi, and t~ch appotnlment fhrlt be msde by svch Cour1 e~ en admittcd equity and a ma~?e~ ol abs~lule ~i9ht to saJd MORTGAGEE, ~nd wi~hout rt(trerxe to tM ~ adequuy ot (nadequaty ol the value ot the property mortgaged or to the wtvency or insotvency ef •aid MORTGACrOR ot the da(endaMS, •nd Ihat euth rants, protiri, Income, i~sue• enal revtnues ahall ba applied 6y tuch Reteiver according to the Iten or equtty of said MORTGRGEE end ths practice oF tuch , ~ Covtt. r.~ ~ 8. To duty, promplly and fully p~r(orm, disch~rge,sxecwe, eifect, complete, comply wlth end abld~ by each ~nd tvery fhs stipulalion~, ~graemsnts, conditioru and coven~nti tn said promissory noie a~d thi: mortgage set forih. 9. That In tM event the ownenhip of the morlgaged premises, or iny parl Ihe~eof, becomes vaited (n a perwn oiMr than Ihe MORTGAGOR, t!w MOftTGAGEf, its succa:sor: and assigm, may, withoul rtotice to 1he MORTGAOR, deil with ;utb tucces~or ot tuccessa in intere~t with retcreace to ihU ~~9+9f aod tM debl hereby secured in the ~:me manner a~ with Mortgagor wiihout in ,~ny wsy vit;alinp or dischargIreq 1he Matgigort' Ilabllity hsra ~ ~ under a upon the de~t hereby socurcd. No tala af !M premises heroby morlgaged end no forbe~ronce on tM p~rt of th~ MORTGAGEE or !IS succeison ~ o~ •s~Ign~ snd no ~exteniion oi the lime for the payment of Ihe debt hereby secured given by Iha MORTGAGEE or itt ivcceiior• a stsipn~, ah~ll op~rats to release, diicharpe, modify change or af(tci tho original liability of the A10RTGAGOR t~reio, ~i1Mr tn whok a M Fart. ~ 10. It Iti ~pecifically agreed tha~ ~tme is of the essence of this conlract and thel no waiver of any obfl9stiofi heteurtda~ ot of tM obliystton ie- ~ • eured heraby sh~tl at any ttme thereaf?er ba hold to ba a waiver of the te~m~ hereof or ol Ihe Int~rument tccured harby. • ~ . 11. In addilion to fha facgo:n~ monlhly paymenti of princ:pal and iroer~s~ required by tha prorniisory nots scturcd hereby, rtwrtpagor tovenant• ' ~ f ~nd aqreei to pay to mortgagee with each mo~thly paymenl an eddi~ional s~m estlma~ed by mortgagee to be equal to 1/12 of the annual toit of the follow- € k?g: _ ~ A-Alt real property f~xea levied pr asse~sed against tho ebove desuibed real e~tale. ~ 8-Aremivma on fire and wlndstorm 3n~urance as herein req~~red to tse carried on lhe improvement• ttluate on the above desulbed premTte~. £ C-Premiums on such mortgage guaramy imurante at mortgagee sh~U (rom time 1o time deem fit lo urry on tM b+n ~ecured Mnby. ~ Mortgsgee shall fran time to time noiify morlgago~ in writing of tha amount due and psya6ls hereundor •nd ~uch wm ~hall thereupon be due and payabte on the due date of the ~ext monthly payment and each succec~ivs manth tharesftei until morlg~yee tball notify mortqaya of a than9~ In wch ~ smo~nl. Such :umi shall be applied by mortgagee toward the payment of real property tsxei, ir,~utsnce premiumt, and mortpays 9vsra~ty (nsursnc~ pramiums. ~ (N WIiNESS WHEREOf, the s~id MORTGAGOR has here~nto :et his hand and teal 1he day ea~ firil a(aesald. ~ S led a d vm ~ th c nte of: ~ ` ~ ~q f . ~ •n •A s.~n ~ . . n , . -._-.._;s.~ . STATE OF FLORID~4 ~ ~ courm oF ~~...~ti~ r i R ~ • . . . ~ . ~ B~for~ m~ p~rwc~ally ~ppeared Erne s t Lundba ~ - Pho~be W. L~ndberg . hts wti., fo m. w.11 known u+d known a me ro bt ~ the Mdivldwls dewibad In and wF?a exxWed th~ foryotnp Irufrumsnt, and acknewl~dg~d brfon rt» thit tMy ~zaated tM tar~ tor th~ purpo~es tfirreFn txpra~ed. Md ~t?~ sa A -r--LiIAG~~B wlfe of tt~ saW C • ~pon a sipusT~ a~d priwl~ ~i examin~tion by me taken ~eparats and apart from har s~id hu: and, uknowtad9ed b+nd befa~ m~ ihaf ~h~r ~xrwtad s~W (~attum+nt fruly ~nd votun~ tuily ar~d without any compulsion, tonstraint, apprehen~~i or fear of a fran hsr aaW hutband. . ~ December p 19 6~L WtTNESS my hand ind offktal aeal thi• ~v d~ of .g Q U ' ~ c' ~~.Il.C3~p ~ i; Mot~ry Publk tn and iw tM Stat~ of f ~t larp~ My Cornmisfion expirss~ ~ R~tun To~ . . F'"' f.~., "..°`'°"°f' ~1LE0 AND R~COfiOED ~~ary pu6r~, Sfate of Raride rt 1rt!e . Of fwt Piern. ~~i~ ~ ~~r,y,~r0. 1765 ti Port Pkrc~. Flwida ° q ~1 p:~ i i..., . , ~N + ~}~~iQ nr~~ ~ ~ . ~ aooK ko+N ~r ~•.~c.. ?r. ~ C~Y~ f-s~_ . ~'.S • i f•.. . • ~ 1954 DEC 28 AM 10, . ; ~ ~ ; ~~,.r.. 30 - ~ ~~ii, ~ ~i ROGER POITRAS, CLER •~'~~r~'•'•~'~~~~~~r~'~. . . ~ ~ ~ ~ ~ . St. tllCfE COUNTI'. FLORI K : , . . r ~ ..::r_• : •W ~ f < V : . . . ~ • iy ' ~ ~O - ' ' ~ ~ ~ , . J Y - J ~ Q r ~ • ~ ; : : ~ ;1 ~O• iF+ J;ty~~ ' ,,:''v.. ~ O.R` ' ~ • rs o ° ,b ,,;.r: , J x J k - •ti eo.~K r~~,f J~~ . .,,~y,.... ~ . . ~ . . ~ . * _ :~'~'=E'tr~ ~ . ~ ' - ~j . : i : _ - ~~.~_~~,~...o. . ~