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Home My WebLink About0820 3. To place and continuously keep on the bui!dings now or hereafter situate on said land and on ali equ~pmenf ar.d pe~sonally covered hy Ihis mortg- age, with all premiunri Ihereon pa~d in full, fire insurance in Ih~ vsual s~and~rd policy form, ;n a sum approved by the MORTGAGEE, and windstorm insurance in tha t~suat s~and~rd pof~cy torm, in a s~~m approved by the h10RiGAGEE, in suth tompany or ccmpanies as the h10RTGAGEE may dire<t; and all fire and w~nJstorm insuranca colicies on any of sa~d build~ngs, any interest Iherein or pari thereof, in the aggregate sum aforesaid or In extess thereof, shall contain ihe usual standard mortgagee clause or such other clause as ifie Alortgagee may requ~re, making the loss under ia~d poli- cief, each and e~ery, payab~e ro said h10RTGAGEE as its interesl ~nay appe:ar, and each and every wch po~icy sl~all be promptly ass.gned anci detivered to any held by said h10RTGAGEE as further security to said mo~tc~age debt, and, not less ~han trn (10) days in advance af ths exYirat+on o* e~ch pc!:cy; t~ d:- liver to said h10RTGAGEE a renewal thereof, toge~her with a receipt for thz premium of such renr.+•al; and Ihere shall be no fire or winds~o~m insvrance pleced on any of said bui!dings, any interest therein or part thereof, vnless in the form'and ~vith the loss payable as aforesaid; and in Ihe event any sum of money becomes payable under such policy or pol~cies said MORTGAG~E shall have tha option to receive and apply the same on account o~ the indebted- ness secvred hereby or to permit said h10RTGAGORS to receive and use it or any par~ tl~ereof for other purposes, ~v~~ho~t th~reo/ ~vaiving or imp~ir- ing any equ~ty, lien or right under or by virtue of this mo::gage; and in the event sa~d h10RTGAGORS shall for any reason ia~l to keep the said prem~ses so insureJ, o~ fail to deliver promptly any of s~id policies of insuronce to said MORTGAGEE, or fail promptly to pay fu~ly any premium thereiot or in any re~peci fail to perform, d~stharge, execute; effect, complete, comply with and abide by this covenant, or any part hrreof, sa~d MORTGAGfE may place and pey ioi such insurance or any part thereof without walving or affecting any option, lien, equity, or riyM under or by virtue of this Alortgage, and tht t~ll amount of eath and every suth paymenl shall be immediately due and payable and shall bear interest irom tha date Ihereof ~ntil paid at the rate ot n~ne per centum per annum anJ to~rther with such interest shall be secured by the lien of this mortgage. d. To permit, commit or suffer no waste, impairment or deterioration of said property or any parf thereof. 5. To pay all a~d singular the ~costs, charges and expenses, including a reasonable attorney's fee and cost: of abstracis of title, incurred or ~aid at asiy time t,y said h10RTGAGEE, becaus~ or in the event of the failure on the part of the said MORTGAG.7R to duly, promptly and fully perform, d~scharge. exec~te, effeU, complete, comply w~th and ab;de by each and every the stipulations, ayreements, conditions, and covenants of sa~d promissory note and this mo~tgage any or e~~her, and sa:c! costs, charges and exper~es, each and every, shall be immed]ately due and payable; whether or not there be notice d~ mand, attempt to tollect or auit pending; and the full amount of each and every such paym?~t shall bear iMerest from the date thereof until paid al the rate of nine per centum per a~inum; and all said cosis, charges and expenses inturred or paid, togelher w~th such interest, shall be secured by the I~en of this mortgaga. d. Thaf (a) in the event of any breach of this Mortgage ot default on th~ part of the MORTGAGOR, or (b) in the event any of said e~ms of money herein referred to be not promptly ar.d iully paid within thhty (30) clays nex~ after the sam? severally become due and payable, withow demand or notice, or (c) in the everlt each and every the stipulations, agreements, conditions and covenants of sa~d promissory note and th~s mortgage any or either are not ~uly, promptly and futly performed, d~scharg~d, executed, ef(ected, completed, comp!ied wi~h and abided Sy, then in eilher or any such event the sa~d ag~ gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay able forthwith, or thereaftcr, at the op!ion of said h10RTGAGEE, as fully and comple~efy as if all of the said sums of money were originally stiputated to be paid on such day, anything in sa:d prom~ssory note or in this hlortgage to the contrary not~vilhstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at laev or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured pnor to its institution. 7. That in the event that at the beginning of or at any time pending any su~t upon tliis Mortgage, or to foreclose it, or to reform it, or to enforce paymenf of any claims here~nder, said h10RTGAGEE shall apply to !he Cou~t having jurisd~ction ihereof (or the appomtmero of a Receiver, such Court shall forttiwith appoint a receiver of said mortgaged property all and sir.gular, includ~ng all and singular the income, profits, issues and revenues from whatever source dzrived, eath and every of ~vhich, it being express~y understood, is hereby mortgaged as if specifically set forth and described in the granting and habendum dauses hereof, and such Receiver shall have all 1he broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and such appoinlmertr shall be made by such Court as an admitted equity and a m3tter of absolute right to said lt".ORTGAGEE, and without reference to the adequaty or inadequacy oi the value of the propefty mortgaged or to the soivency or insolvency of sa~d MORiGAGOR or the defendants, and that such rents, profits, intome, issues and revenues shali be applied by such Receiver according to the lien or equity oi said h10RTGAGEE and the practice of such Court. 8. To duly, promp!iy and fully perForm, discharge, execute, effect, complete, comply v~ith and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mertgage set forth. 9_ Thai in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the Id10RTGAGOR, ihe A10RTGAGEE, its successors and ass~gns, may, vt•ithout notice to tne h10RTGAOR, deal with such successor or successor in iroerest with referer,ce to this mortgage and the debt hereby secured in the same manner as with lAertgago~ w~thout in any way vitiating or discharging the /:lortgagors' liability here- under or upon the de6t hereby secured. No sale of tFie Frem~ses hereby morlgaged and no forbearance on the part of the MORTGAGEE or its sutcessors or assigns and no extension o( tha time for the payment of the aebt he+eby secured given by the MORTGAGEE or its successors or ass:gns, ai~all operate Io release, discharge, modify change or afFect the orig~nal liab~l~ty of the M,ORTGAGOR herein, either in whole or in part. 10. It is speufically agreed that tima is of the essence of this contract and that no waiver of any obligat~on hereunder or of the obligation se- c~red hereby ~hall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add;tio~ to the forego'ng montFly paym~n!s of princ'pDl and interest requ~red by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an add~rional sum est~n,ated by mortgagee to be equal to 1~`)2 of the annual cost of the follovv- ing: A-All real property taxrs levied o+ assessed agai~st the above described real estate. 8-Prem~ums on fire and windsrorm insu~ar.ce as herein requ~red to be carried on the ~mproveme~ts situate on the above described premises. C-Premiums on such mortgage guaraNy insura.:ce as mortgagee shail from Yme to ti~ne deem fit to carry on the loan secured hereby. hlortgagee shall from time to time notify mortgagor in writ;ng of the amount due and payable hereunder and such sum sha{I thereupon he ~ue and payable on the due date of the next mo~th!y payment and each successive month thereafter unt~l martgagee shall notify mortgagor of a change in such amount. Such sums sF.ail be zpplied by mortgagee tov~ard the payment of real property taxes, insurance prem;ums, a~id mortgage guaranty insurance premiums. !N Y~ITNE$$ V:NEREOF, the said h50RTGAGOR has hereunto set his hand a~d seal the day and year firsf atoresaid. ~ ned, 5 led and deliv red ' the presence of: ti , ~ !s ,Gt~~-u-~vC~E~<L (Seal) c _ ~ ~ D y""`'-t,r2 "'ct (Seal) . (Seal) ($eal) STATE OF FLORIDA ~ ~S. COUNTY OF St. LUC18 Before me personaily ar~-~eared JO Z S e f S z e n tma rton i ~ e~a : Theresa Szentmartoni (also known as Teresia~~nt~er on "-t ~ ; ~s w~ e, to me we I known and ~kqw~ra•!Q'rrle tc be the individuals described in and who executed the foregoing instrument, and ackno~,rvledged before me that they executed tt~e" saine for the~putFoses therein expressed. And the ~a~dTheresa Szentmartoni ~8190 ~{t10WTl 99 Teresia S`ZBCIt.~I~_Tl~) wife ot the said .Tn ~ a P f:S z Pn tma rton i ~pan a:sapar~te and ptivare " examination by me taken separate and apari from her said husband, acknowledged to and before me that she executed said instrumprri freeiy arid volun- ~ tarily and without any compulsion, constraint, apprehension, or ear of or from her said husband. 'L~ `NITNESS my hand and official seal this ~ day of Januar.y ~•a: p.'~~~~L.E` ////~I~' f b t,l~~ l~?LE,~(,~~_~v ~ ~ ~ . { otary Public in and for the S1ate of F~orid~; a~.~~{ge ~ h1y Comm~ssion expires: Retum To: Firsj federal: Savings b Loan Associaton ~{pti~ ~K. Slate ol F1aid~ +t Latge i : dr Fo.~ Pierce. M(omm;sian ExP+res Sept. 23, 1964 • y bnH1 Iy Am?ric~n Fin~i:Sasu~h'y Ce_ , foit.'Qierce;.Florida . " . - _ ~ ~ . S . - . i - • _ R~.~ R~E pK ' . ~ ~ . ~ , ~1 •~t~~~ _l~ : _ ~ - - . ` ~~Ll~ _ - . , . . ' " • ~ tY.~~ . • , ~ • , . ~ . . a 3 • ~ - . - ; . . ~ . . ~ E' ,1:'`',1 ~ ; ;~'s .a;,~ 1~- ~ i 0 R t~ ; - . . L.'•-~i ;j t1 - _ ~7 ' 800K ~J~ : = _ ; . C', ? ~ ~ . } - ~t~ v ,_U(Z~~~ F` i ,~z9 ~ `