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Home My WebLink About1075 3. To place and conlinueunty keep oa~ ihe bu~!d~~;gs ~ow or herea{ter s~tuate on sa~d land and on a}I equipment and personally covered by this morlg• age, with all premiun~ thercan p3~d in iull, fire ?nsuranc~ in the usuai standard polity form, in a sum ap~roved by !he M'JRICACEE, and windslorm insvran;r in the usual stanJard pol~cy lo+m, in a sum approved by the h10kTGAGEE, in s~ch <ompany or rompanies as tha MORTGAGEE may direc~; and all iire and w~ndstorm insvrance policies on any of said Euild~ngs, any interest therein or par? thereof, in t4ie aggregate sum aforesaid or in excess thereof, shail contain the usual standard mortgagee dause or suth other c~ause as the laortgngee may require, making tha lose under sa~d poti• cies, each and every, peyable to said h10RTGAGEE as i1s interest may appear, and each and every x~ch policy shall be promptly ass gned and delivered to eny htld by said A10RiGAGEE as further sec~rity to said mortgage debt, a~d, not less than ten (10) days in advance ef the expiration of each policy, to dr live~ lo said 1.1dRTGAGEE a renewal th~rzof, togeiher :~irh a recelp! (or the premium oi such renewal; and there shall br no fire or windstorm insurance plactd on any of said build~ngs, any interest therein or part ?hereof, vnless in the form'and with the loss p~yabte as aforesaid; and in the event any sum of money batomes payable undrr suth policy or policizs said MORTGAGEE ehall have the opt~on fo receive and apply the same on atcount o~ tha indabted• ntss secvred he~eby o~ to permit sa;d MORTGAGORS lo recrive and use it or any part the:eof ior othe~ purposes, ~v~~hout th~reb~ waiv;::~ or ~mpair- ing any equity, lien ar righ~ under or by virtue of Ihis mo:tgage; and in the evenl sald MORTGAGORS shall for any r=ason fait to keep the said premises so insured, or fail to deliver promptty any of said pol~cies oi insurance to said h10RTGAGEE, or fail promptly to pay fully any premiurn therefor or in any rospett fail to per(orm, discharge, execule, effecl, complete, comply with and abide by th~s covenaM, or any pnrt hareof, said MORTGAGEE may place and pay for such in~urance or any part thereof without watving or affecting any opiion, tien, equity, or ~ight ur,der or by virtue o! this A1~~lgage, and th~ full amount oi each end e~~ery such payment shal! be immedietely due and payable and shall bear interest from tha date thereof until paid at the rate ol nine per centum ptr annum and togethzr with such interest shall be sccured by the lien pf this fnortgage. , L~ to.:...,;e .,r e~~ffer no waste,- imoairment or deterioration of said ro ert or an art thereof. v r-:~'.• P P Y Y P 5. To pay all and singular the ~costs, charges and expenses, including a ~easonable attorney's fee and costs of abstracts of ritle, incurred or pa+d at any time by said MORTGAG:E, because or in the event of Ihe failvre on the part of the said MORTGAGOR to duly, promptly and fully pertorm, d~uharge, execute, effett, camplete, <ornply w~th and ab~d~ by each and every the st'rpulations, agreements, conditions, and covenant3 of said promissory note and this mortgage any or e~~her, and sa~d costs, charges and expenses, each and every, ihall be immed~afely due an~ payabte; whe~her or not the~e be no~~ce dr mand, attempt to colleU or suit pend;ng; ar.d tha full amourt of each and every such payment shall bear interesl from the date thereof until paid a1 the rate of ~ine per ~ent~m per annum; and all said costs, tharges and expenses ir.curred or paid, together w~th wth interest, shall be secured by the lien of thit morlgage. 6. That (a) in the event of any breach of this hlortgage or default on fhA pari of the M.ORTGAGOk, or (b) in the event any of said sums of mqney herein referred to be not promptly end fully paid within thirty (30) days next after the same severally beconie due and payable, without demand or notice, or (c) in the eve~t each and every the siipulations, agreements, conditions and tovenants of sa~d promissory note and th~~ mortgage any or either are no1 ~uly, promptly and fully performed, d~schnrged, executed, effecled, completed, complied .vith and abided Sy, then in either or any suth event the said ag• pregate sum mentioned in said promissory note then remaining unpaid, with interest actrued, and all moneys secured hereby, shatl become due and pay able forthwi~h, or thereafter, at the opiion of sa~~ h10RTGAGEt, as iuiiy anci compteteiy as if afi ut thr aaid auT> of r.;~r,cy ;vere erEginally s1!~V~a~Pd to be paid on such day, anything in said promissory note or in this hlortgage to Ihe cornrary notwithstanding; and thereupon or thereatter at the option of said MOR~GAGEE, without notice or demand, s~it at law or in equity, therefore or thereai~er begun, may be prosecuted as if ell moneys secvred hereby had matured pnor fo ~ts institution. 7. 7hat in the event thal ai 1he beginning af or at any time pending any suit upon tl,is Mortgage, or to foteclose it, or to reform il, or to enforte payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jwnd:ction thereof for the appointment of a Receiver, such Courf shall forttiwith appoint a receiver of said mortgaged propzrty all and singula~, intlud;ng a!I and singular the intome, prof~ts, issues and revenues from whatever source derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if spec~fically se! (orth and describ<d in 1he grantinq and habend~m clavses hereof, and such Receiver shall have all the b~oad and effect~ve func~,ons and po~vers in any~vise entrusted by a Court to a Receiver, and such appointment shall be made by s~ch Covr! as an ad.mitted equity and a matter of absolute righ~ to said MORTGAGEE, and without reference to the . adequacy or inadequacy of ihe vatue of ~he prope~ry mortgaged or to the sowency or insofve~cy of saiJ MORiGAGOR or the defendants, and ~hat such ren~s, profits, income, issues and revenues shall be apptied by such Receiver accord~ng to the lien or equiry of said MORTGAGEE and !he practice of such Cautt. 8. 1o duly, promplly and fully perform, distharge, execute, effect, complete, comply w~th and abide by eath and every the stipulations, agrezments, conditions and covenants in said promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other fhan the MQRTGAGOR, fhg h10RTGAGEE, its euccessors and assigns, may, withuut notice to the MORTGAOR, deal with such successor or wccessor in interest with reference to this mo~tgags and the debt hereby secured in the same manner as ~vith hlortgagor without in any way vitiating or d~scharging the 1ltortgagors' liability here- under or upon the debl hereby secvred. No sale of the premises he~eby mortgaged ar,d no lorbearance en 1ne part of the 1.50RTGAGEE or its successors or assigns and no extension of the time for the payment of the aebt hereby secured given by ~he h50RTGAGEE or its svctessors o~ assigns, ~hall operate lo release, d~scharge, madify change or affect the c';~~nal Iiab~Gty of the A10RTGAGOR herein, either in whole or in pnrt. 10. It is specifically agreed that time is of the essence of this contract and tF,a~ no waiver oi any oo~igati~n herru~iue: cr of tFr ebl+yat~or, se- tc;red hereby shall at any time thereafter be held to be a v~aiver of the terma hereof or of the instrument secvred herby. 11. !n add;tion to the forego:ng monthly payments of princ'pBl and interest requ~red by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee ~vi~h each monthly payrnent an add~rional sum estimated by mortgagee to be eyual to 1% 12 of the annual cost of the fol(o~v- ing: A-Atl rea! property taxes leviec! or assessed against the above described real estate. B-Prem~ums on fire and windstorm insurance as herein requ~~ed to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranly insurance as mortgayee shall from t~me to time deem fit to carry on the loan secured hereby. hSortgagee shall from time to time notify mortgac~or in writ~ng of the amount d~e ar.d payable hereunder and suth svm shatl thereupon ba due and payabte on the due date of the next monthfy paymenr and each successive month thereaft~r until mortgagee shall noti(y mortgagor of a change in such amounl. Such sums shail be applied by martgagee tovrard the payment of real property tazes, insurance prem;~ms, and mortgage guaranty insurance premiums. IN \'~ITNESS t'~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforasaid. Signed, . led and d livered in the preser.ce ~f: / J ~~C~E~i Q jSeal) (Seal) lSeal) (Seal) STATE OF FLQRIDA 1 COUNTY OF S~, Lu c i e i Before me personally appeared Maude Thorr?pson Roden, A W1C30W : ~Ct9C~3Gj~, te ~well knovin and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that ifie~•executed the same for the purposes lherein expressed. 7~~pE~;[cK X~JGfX~S#7~iA~ 3U~k4C~C#~Q4S41~€a[~7Q](~7C Xe7~C+i4~~i+~k~Xr3~7[aKe7S X~~ ~~~S..aca~i)4tXf}rnXi ~XrXi{d{@G3bXi~7tai#li~lir~§D~{1DCXna[~fd{aTC~3Ct'Xt34~C~3C?x7CcK~l~Cs7GiClQSKrD4fi~1~7f~K45'~C~X~1{44EQ~K xl~~rxaxd~c~i~i~xd6~C~a~e~iraG~x ~4?~~c~x7~D~?~m'~+~~K~[ax~x~xX~~Kh~x~~k~• WITNESS my hand and official seal this_ ~JD day of A. D. 19_~ ~ - ~ , ,•l;r:;r;, Notarylpublic in and tor the S1ate of florida et Large ~ t~y ci~, ~ ' ~ mission expires: ' . , ' ~etur?~j9~ . - : i rt~ ;~NC'Association GQ O ~'SO'.2t° r; ~:fct8 Firsr`Fbilr~at~5avi s'6~ ~Q Q~ y . _ ~ 'f ul r!G~;di' cTf M _C~. ~ ~1 ,.t r•~ _.;:i';-.:o ~`F'e .t.; t~F~t~ yPlelc ~ ` i`v"~';'•_ _ 6 1967_ r Pier C~ j~ :.~uR$ed i3 tiii SUt' t; y te;lF~?rida O , p[_Q } ic':~5~7 r~}_ Q_ Of j . . - : - ~ n ~ ~ ,~E • a4A~~ . J; : . - ~ F cL,~,~ Q . , • ~ ~ ~`G . ~T? Q i • 4~(~ ~iir~::,,,; _ - . ~~~'~~L y~ ~ ~ - l ; ,,F(~:;'l~i,,~~ C~~ ~ C~-~~ _ } ~ Or' ` , ` ~ , l i ~ ~F~I:t~', ~V ..~•.~Z' O~\~i~ ' _ _ ~ • ~ ' . , ~ ~s I = oG~-`~ ~~~~~\0 ~ r.~ . _ ~ _ - R F~-° ; . 3- 3 U k ~ - =~t~ ,.1 . ~ooK~.~~ ~ 1~ ~ , - ,