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Home My WebLink About2964 i ~ t ~ ' i ~ 3. To ptece ~nd continuously keep on !hs building~ now o~ here~iter Ntu~te on ~atd land and on all equlpmant and penona!ly cov~rtd by thit mortp• ; ags, wirh •I) pr~mlumi thareon paid tn iull, fire Ins~~ance In the otuel ~tinderd policy torm, in ~~um ~p{xoved by Ihe A10RTGAGEE, •nd wlndstorm ; ~ I(Ii~1f~M0 In the uiu~l ~t~nda~d polity (orm, tn a sum ~pproved by ths MORTGAGFE, 1~ •utb comAany or compania~ aa the MORTGAGEE mey } ~ diract~ and a!1 tire snd wind~torm i~~ura~ce policie~ on any of ~aid building~, a~y tntarest theretn o~ pari thareof, in tM iggrcga~e ium atore~e(d a ~ ~ In tiecotl thereof, ~hsll contain ths uwal ~tandard mortgaqee dause a ~vch other ctausa a• the Mong~gee mey reqvirs, making IM loss under ~aid pop- ; ~ th~, eash ~nd every, payabte to :~id MORtGAGEE a~ ib interes! may sppear, and each and every wch policy ~heil ba promplly ass:g~ed and dalivered ~o ! ' a~y helJ by said MORTGAGEE ai turther security to ~std mottgage debt, and, nol ~sss Ihan ten t10) dayt in edvance of Ihe expira~io~ of each policy, to da- j ~ Ifwr to ~~id MORTGAGEE a renewal Ihareof, toqetM? wfth a roceipi for tha premium of ~uch reoewalJ and thero shall be no fire o~ winditorm t~iurance ~ , placed on ~ny of ~~id buildings, any Interait therain.or peil thereof, vnlri~ f~ 1he torm and wiih the los~ p+yable a~ atoresaid3 end in the evenl any ~um of money beceme• payable under wch polity or polities said MORTGAGEE thall have 1he option lo receive end appiy Ihe tame on account of tha Indebted- nqls tetured heroby o? ~o permit ~aid MORiGAGORS fo reteive and v~e it a any pa~t Ihereof tor othcr purposes, wilhout thereb~ waiving or impair• . Ing sny cquily, lien ot right u~de~ or by vtrtue of thi~ mortgage; a~d in Ihe eve~t ~aid MORTGAGORS ~he11 (or any reaton fail to keep thc taid premises so Insured, a fafl to deliver promptly any of faid politiei of ir?suta~co to sasd MORiGAGEE, or feil promptly lo pay fully any premium Iherefor or tn any ~sipect f~it ro parfam, discharge, axecura, a!(ect, complete, comply wi~h and ebida by thi~ covenan~, o~ any part hereof, iald MORTGAGEE may plece and pay ta iuch Iniuronce or ~~y part Ihereof withou~ watving or affecllog any opiion, Ilen, equity, or righl under or by virtue of this !No~lgags, ~nd the ; fufl amovnt of sach and every such payment shatt be immediately due and payable and :hall bear inlerasl irom tfie date thereof umil paid at the rate ot ; nIr?e ~er cenrum par annum end logether with wch intereil shall be secvrcd by tha lien of thii mortgage. { I. To permit, commit or w(fer no waste, ImpairmeM or deterioratio~ of said property or any part thareof. ; ~ 5. To pay all and :tngulsr the tosts, chargei and expenses, tncluding a ~easonable attaney'a fee and cosl~ o( absttact~ of title, lncurred or paid at i ~ny time by said MORTGAGEE, becausa or In 1ha evant of the failure on the part of the •etd MORTGAGOR to duly, p~omplly and fully pertorm, d~ticha:ge, i *xavte, eflec~, complete, comply with and abide 6y each and every Iho stipvla?ions, agreements, co~diliont, and covenaros oi seid promitsory note and thiti . mortgaya any or ei~her, and iaid co~te, charget and expensas, each eod every, shall be Immediately due and payeble; whether or not thero be notice da mand, attempl to cottecl or ~uii pondingj and the full amount of ea<h and every such payment ahall bear interest from Ihe d~te Ihereof until paid al th~ ,rate of nine per ce~tum per amwm; and all said costs, charget and expenses irxurrod or paid, logether with euch fnteresl, ~hall ba ~et~red by tha lian of thit mottpa9e. . i 6. That (a) in tha eve~t of any breach of fht~ Mortgage ot defautt on the part of the MORTGAGOR, or (b) in fha event eny of ~aid aumt of money heratn referred to be no1 promptly and Fully paid wi~hin thirty (30) dayt rtexl after Ihe same teverally bacorre due snd payabfe, wiihoul demand or no~ice, or (c) (n the event each and every Ihe ttipulations, a9teemenli, co~di~ions and covenanti of said promissory note a~d thi~ mortgage any or either ara no1 . ~vly, prompjly end fu:ty per(ormed, d~scharged, executed, effected, comp?eted, tomp4ed with and abided by, than in either or any :uch event tha taid ag pregats wm mentioned In said promiisoty noto thm rematning unpaid. with intarest accrued, and all moneyt secured hereby, ihall betome due and pey~ abla tortl~wilh, or thereafter, at 1he option of tnid MORTGAGEE, as f~lly and completeiy as if at1 of the ~aid sums of mo~sy were originally stipulated ' to be paid on tuch day, anylhing In oaid promissory note or In Ihis Mortgage to the conirary notwithslanding; and thereupon or theteafter at the option of ? ~aid MORTGAGEE, without notice ar demand, •uit at lew w in equity, therefore or thereaitet beg~n, may be prosecuted as if •II moneyt tecured hereby ; had mawrcd prior to it~ irestitution. ~ • i 7. That (n the eve~t ti~at at 1he begtn~tng of or at any time pendinQ any suit upon this Mortgage, a to faeclose lt, or to reform It, or to anfores ~ payment of any claimi hereunder, taid MORTGAGEE shall appfy to 1he Court having jurisdiction 1he~eof for the appointmeM oi a Receive~, wch Court thaU ~ forlhwith appoint a receiver of teid mortgaged proptrty all and singular, tnclud~ng al! and •ingular Iha fncome, profita, issues and revenvet from whataver ! sourco derived, each and every of which, i1 beiny exp?essly understood, is hereby mortgaged a• if tpeci(icalfy •et forth and de~cribed tn IM granting and I hsbertdum clautie: hereoF, and svch Receiver shall have all the broad and etfettiva funct~ons and powen in anywise entrutled by s Court to a R~ceiver, and wch appointment shall be made by such Courf at an idmitted equity and e matter of absolute ~ight ta tald MORTGAGEE, and withoul rtterence to tho ; - ~ adeq~acy w Inndeqv:cy of the value of the property mortgaged ot to the sotve~cy or insolvency of taid MORTGAGOR w the defendar~tf, and that •uch ! rant~, profits, income, issues and revenues :hall be applied by such Reteive~ according to the lien or equily of :aid MORTGAGEE and the practic~ of tuch ~ Court. - 8. To duly, prompfly and fvlly perform, discharge, execute, effec?, compl=te, comply with •nd abide by each and evwy the stipulationt, sgreemeN~, ~ t~ condiYwn~ and covenanls in ssid pramissory noto and this mortgage iet forth. 9. That in the event the ownership of the mottgag~ed premises, or any part thereof, becoma~ vasted In a person olher fhan ths lKORTGAGOR, 1F+~ { MORTGAGEE, it• successors and as~igns, may, withaut no~ice to !he MORTC~AOR, dea! with ~Och tuccessor w•utceisot in Interost wiih refsrence to thit j mortgsge and Ihe debl hereby iec~red In the •ame manner at wi~h Mbrtgagor without In any way vitiating or distharging Ihe Mor~gagara' If~bility fiere- f ~ under or upon the debl hereby sec~red. No iale of the prernises hereby mortgaged and no forbearance on the p~rt o( 1ha MORTGAGEE or fh~ succetsort 1 ar essigns and no extension of the time for the paymenf of the debf hereby setured given by tM MORTGAGEE or its ~~<ceisora or attiflnt, sh~ll operote . to release, discharge, modify chsnge or aftett the original liability of the MORTGAGOR herein, sither in whole w In p~rt. " °s 10. It is specifically agreed Ihat time tt of tha essence of thi+ contrac~ and thst no waiver of ~ny obllgatiort hereunder or of the obllgrtion se- tured hereby shall at any tima ~herea(~er be held to be a waiver of t~e terms h'ereof or o1 the Mstrument srcv~ed horby. . I1. In add~tion to 1he Farego:ng monthiy payment: o( princ'pal and inte~eat required by tha promissory note tec~red hereby, mortgegot covenanl~ I and agree~ to pay to mortgagee wilh each monthly paymenf an additional sum estima?ed by mortgagee to be equal to 1/12 of the annual cost of tho follow- ~ k # ing: " . ~ A-Al) real properry tszes levied ot assessed againsl the above desuibed reat estate. B-Premiums on fire and windsform iniurance as herein iequrted to~be ca~ried on Ihe. improvemenl: ~itvate on the abova describad premise~. ~ C-Premiums on such morfgage gunronty in~urance as mortgagee th~ll from time to time deem fit to carry on the loan secured hereby. } Mortgagee shall from rime to time notify mortgagor in writing of the amovnt due and payable hereunder and ~uch ~um :hal{ thereupon be due and payable on the due date of the next monthty payment and each successive manlh thereaftar unti! martgagee thall notify mortgagor of a change in tuch ~ ~ amounl. Such sums shnll be applied by mortgagee toward the payment of real property taxes, inw~a~ce premiuma, and mortgaye guara~ty inivrance E ; ? premivmi. ~ ~ IN WITNESS WFiE EOF, thr said MORTGAGOR has hereunto sef his hand and seal ihe d+y snd r first afore~aid. ~ =i Si ~ad a d d verc e resente ofc ~ g,~ g2! • l!/z~ticf i • _ ~an i ';j ~ ~an f ~ t5ea4 ; STATE OF fLORIDA ~ , ~ cou~vn oF _ S$ rit Luci e ~ • • ' 8efwe trw personally sppeared C1~,~+AIIQB q~,_~,f's. ~ ' ^ ~(1(~ - F Marv F S p rt `i - + " ' hU wlf~, to rr~ w~tl known and known ro me to b~ t, th~ Indtridusl~ desulbed in and who oxecvted rhe for~yotng fnsbument, and acknowl,edged b*fors m~ that they executed the terrH for tha purposea therein expre~ud. Md the •aF~ arv E. .~11L82't ; , wtfe of the said G~ arence .S. .•.5'Iq.Q2't'i ` ' upon • separ~te and privd~ examin~Ywn by me t+ken separete and apart from har said h~:bend, acknowledged to an.l befa~ rr~ that ~he sxecuted said initrumenl freely and volun- • tarily and without sny compulsion, conitroint, spprehension, ot fear of or from her wid hv:band. "1 WITNE55 my hand and offlcial caal thi~ day of A D. 19 ~+2. ~ ~ - . '~~~Gi~~`' oUry Pub!)c In ~»d for t St~f• 0 1 dr af la~p~.....,~ ~~4~ My Comml~sFon txplreas ~ I; ' ~1 . ~ ittturn To: _ ' • • t„~ ~~~0~-O OK . Notery Pe'~Gc, S!ate o1 ~[as,:!• Zt trrn,e a~ I) p :~'"~L : F(nt fader+t Sav loan Atsociation • ~ . ~ Of Fort P;uce. My tommus:~n Ex~i~e: arc~ {~J, 1?55 6'~~ tI ~ . ~ ~0 a • ~ s : • Fort Pierta, Florida [ ~ `(,Li~' foaE~d 6Y'~~~~~ fGs 6 GiysNy G.~ -f~ • c~ . 5 b .d~ ~ - Y • • ~t~ ~ ~ pM\~. ~ ~ a r~. 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