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Home My WebLink About1011 ~ ~ 7a i9te o~w iiinLr;uoo;, ' . n, hF p' ' - r;,., ;4~_ ~^r• _ .eatier ~~tuat~ on said land and on at~ equ~pment and personally covered by ihis mo:ig• age, w~th elt premiunn ihercon pa:cl in lull, fire inswance in 1he us~al standard }>o~icy form, in a wm appro~ed by the h10KiGA(3EE, ar.d windslorn~ insurancr in tha uwal standard pol:cy Form, in a num approved 6y tha h102TGAGEf, +n such compnny or cornpanles ~s ~he h10PiGAGEE may duzt~; e~~u oti 1~~a „3 ;~c~~r~~• on :,n,~ nf s.~d huild~nqs, any interest thereen or parl lhereof, in Ihe a99regate su:.~ aforesaid or In excesa Ihrreof, shall tontainvthz usu~l star.dard mort9agee dause or such o~her cla~sa as the Mortgac~ee may requ~re, making the toss under sa~d poii- cie~, each end every, payab!e to said h10RrGAGEE as ils inter~st may appear, and each and every such policy SIi3II U@ promptty ass gned and detivered to 4 tny held by sa~d htORfGAGEE as (urlher securUy to saiJ mortgage debt, and, not less than len (10) da~s in advance of the erpirat~on of each policy, to de- liver ro said h10RiGAGEE a rene~n•al Ihereof, logether with a receipt for the premium of such renewal; and ihere shall ba no f~re or winds~orm insurance placed on any of said buildings, any iMrrest there~n or pait Ihereof, unless in the form'and w:th the toss paya6!e as afo~esaid; and i,~ the event any sum O( money becomcs payabte under such policy or policies said MORTGAGEE shall have the Gption fo receive ~nd apply Ihe same on accounl o~ tht indebted- ~e~s secured hereby or to permit said 1.10RTGAGORS to receive and use it or any part the:eo( for o;her ~;urE~oses, .•ri~ho~t th~rrbr waivin~ or ~n,pa;r- ing any equity, lien or right under or by virtue of this mo:!gage; and in the event sa~d MORTG~IGORS shal! for any reason fai; fo keep the saiJ premises so ~ i~swed, or fail to deliver promptly any of said polities of insurence to said h10RTGAGEE, or fai! promptly to pay f~lly any premi~m ~herefor or in any ~ respect fail to pe~Form, d~stharge, execute, ei(ect, comptete, co:nply wi~h a~~J abide by thfs covenani, or any parl hareo(, said R10RTGAGEE may place a~~d pay for such insurance or any part thzreof ~v~thoul watving or aifetling any option, lien, equity, ot righ~ under or by virtue of this htortgage, and ~he full amount of each and every such paymem sha11 be immediately due and payable and shall bear interest irom ths date thereof until paid at ~he rate oi nfne per centum per anr,um and together with auch interest shall be secured by the tien oF this mortgage. 4. To permit, cummit or su((er no waste, impairment or deteriora!ion of said property o~ any part ihe~eoi. 5. To pay all and sinoular the ~costs, charges and expenses, +nduding a reasonable altomey's fee and costs of abstracts of title, incurred or paid at eny time by sa~d MORiGAG.E, becausC or in 1Le ev?nt of the failure on the parl of the said 1.10RTGAGOR to dulv, promptly and fully perform, discharge, execute, effect, complete, comply wrth ar.d ab:dz by ea<h and every the stiputalions, agrezments, conditions, and covenants of said promissory nate and this mortgage any or e+ther, and sa:d costs, charges and exper~es, each and every, shall be immediately due and payable; ~vhether or not there be notice d~ mand, attempt to colletl or suit pending; and the fvll amouM of each and every ~uch payment shall bear interest irom the date thereof until paid at the rate o! nine per centum per annum; and aU said costs, charges and expenses inturred or paid, togethe~ w~~h suth intetest, ihall be setured by the lie~ 01 this morigage. J. That (a) in the event of any breach o4 this Mortgage or default on th~ part of the MORTGAGOR, or (b) in the evenl any of said sums of rnoney herein reierred 1o be n~l promptty and fully paid within th~r~y (30) days n~xt aftcr the same severafty ba:ome due and payabte, without demand or nofice, or (c) in the ever~t each and every the stipulations, agreements, cond~tions and tovenants of sa!d promissory note and th~s mortgage any or either are nof ~uly, promptly and fully per(ormed, d.scharged, executed, effected, corrpteted, compl~ed with and abided tiy, then in either or any such event the said ag- gregate su ~ r.~enYvaned in s~id promissory note then rema~ning unpaid, with interest accrued, and a!I moneys secured hereby, shall become due and pay able fortliwilh, or thereafter, at Ihe option of said h10RTGAGEE, as fully and completely as it all of the said sums of money were originally s~ipulated to be paid on such day, anything in said promissory note or in this Alortgage to the mnlrary notwithstanding; and ~hereupon or thereafter at the option of said tiiORTGAGEE, wit4out notice or demand, suit at law o~ in equity, there(ore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured pr~or tu its institutior. 7. That in the event that at the beginning of or at any time pending aoy suit upon tLis Phortgage, or to foredose it, or to reform it, or to enforce payment of any deims hereunder, said h104TGAGEE shall apply to the Court havinq jur~sd~ction tht~eo! for fhe appo~nhr.ent of a Receiver, such Courl Shall fortfiwith appoiM a receivet of said mortgaged prop?rty all and sin~ular, ir.clud~ng ail ar.d singular the income, prof~ts, issues and revenues from whatever source derived, each and every of ~vhich, it being expressly understood, is hereby mert~aged as if spec~ficaffy set forth and describ2d in the granting and habendum dauses hereof, and such Receiver shaN have a11 fhe broad anJ effett;ve funct,or.s and powefs in anywise entrusted by a Court to a Receiver, and •uch appointment shall be made by such Cour~ as an admitted equity and a matter ot absolute r~ght to said M,ORTGAGEE, and ~vithout reference to the edequacy or inade~vacy oi the value of the property mortgaged or to the sotvency or insoivency of sa~d A!ORIGAGOR or the defendants, and tha! such reros, profiis, income, issues and revenues shall be applied by svch Receiver according to the lien or equity of said h10RTGAGEE and Ihe practice of Such Court. 8. To duly, promptly and fully per(orm, discharge, execute, effect, comp(ete, comply vri~h and ab~de by eath and e+ery the stiputations, agreements, conditions and covenants ~n sa+d promissory nofe and th;s mor~gage set foflh. 9. That in the event rhe otivnership of fhe mortgaged prem~ses, or ary part th~reof, becomes vested in a person ofher than the h10RTGAGOR, the 610RTGAGEE, its sutcessors and ass~gns, may, ~vithout ~oiic? to the ,110RTGAOR, deal witn such svccessor or wccessor in interest with reference to this mortgage and the debt hereby secured in the same manner as with ~+tortgagor v.~thout in any way viYating or d;scharging the Mcr,gagors' liab~lity here- undet or upon the de6t herzby secured. t~o sa!e of the premises hereby mortgagzd ard no fo;bearance on the part of ~he I.IORiGAGEE or its su:tesso~s or aui ns and no ex~ensien oi me iime iur iF~ y-y,r~ ; r;~_~~ ;i~~,~~ y;_~;; ti~ !r,e ~~norr_c.r.FC :t~ SUffBSSOfS or ass:ans; ~t;all operate 9 e a i~~i o~ ~~~c u~~~ to release, discharge, modify change cr a(feU !he origlna! liau;l;ty of the ~AOR7GAGOR here~n, either in whole or in parl. 10. It is spec+fically agreed that time is of the essence of this contrac~ and that no waiver of any ob!igation hereunder or of the obligation se- c~red hereby shalt 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 foreoo'ng monthly paymhnts of pri:u Fdl ar,d interest requ~red by the prom:sscry no!e sccured hereby, mOrfgagOr covenants and agrees to pay to n:o-tgagee with each monrhly payr,~ent an sdd:riona! sum esi~+~~ared by mortgagee ro be eq~al to l; 12 of tha annua~ cost of the follow- ing: A-All real property taxes levied or asseszed agai•ist the above dcsvibed real esrate. B-Premiums on fire and windsto~m inwrar.ce as herein requ~red to be carried en the ;mprov~ments s;tuat~ on the abave d_:cribed premises. C-Premiums on such mortgzge guaranty insura.ce as mo~tgagee sha(1 from t m2 !o t~me deem fit to car~y on the loan secured hereby. b`.ortgagee sha:! Erom time to ti.~ne norily mongagor ;n tivr;t~r,g of th° d.T,OU'11 due and payable hereunder and such sum shail thereupon be due and payab!e on the duz date of the next monthly payment and each successive month thereaft:r unt~l mortgagee sha~l notify mortgagor of a change in such amount. Such sums sF.all be applied by mortga~ee touard the payment of real property taxes, insvrance prem;ums, a~~d mortgage guaranty insurance premivms. IN V~ITNESS VJNEREOF, the said ~.10RTGAGOR has hereuMO set his hand and seal the d~ and year first afo'asaid. Signed, Se ed nd ivered in the presence of: ~ - ~ ($eaf) - ~ e (Seal) - (Seal) (Seal) STATE OF FLORIDA ~ COUNTY OF S~. Luc ie - ~ Before me personally appeared L P G i r ar d and OL» Girard h~s wife, to me well known and knovvn to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me tf~at they ezecuted the same for the pvrposes therein expressed. And the said i o~j, ae Ci rsrd wife o4 the said T p ("rl ~$Y+{~ upon a sepa~a?e and private examinat~on by me taken separate and apart frorn her said husband, atknowledged to and before me that she 2xecuted said instrument freely and volun- tarily and without any compulsion, conshaint, apprehensio~r fear of or from her said husband. WITNESS my hand and oF(icia! seal this ,Lql~ ~~L day of u8r" A. O. 19 66 ; Notary P .~c in and for the State of Florida at Large My Ccmmission ezpires: j Retum To: First Federal Savings L Loan Aszociat:on ,;Gtary NL~b~:', S•:at~ ot F'Otrda :~t L2tgt Of Fort Pferce. r. ~C1, p ~ ~ ~ ~~LE~ ~;~3D ~1~~ D y co~,~„:»:,-~ r_~cp:fC`, ,.lif. o, 146~ Forf Pierce. FJor~da -x :~ond~d ~y timer~an 5ur~?y Co. of C~, Y.. •;1~~:~t~~~:. . .~~y}~ ~y .i`3~~J~~~.T'._. ~ ~ ~~~~~J ~ ~ "1~~!ti1vSt~7 ` • ~ l~ < ' ~ 1: / r ' • . ~ : ~ ~ •~a~~ ~~~V/] l~ • ~ .:.r . V ~ V . 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