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Home My WebLink About0006 . , ~ ~ ~ 3. To place and ~ontinuo~sly keep o~ the bci!d~n~s novv or hereafter Situaie on said land and on rll cquipmeM and personally covered by this motlg- ! aqe. wilh ali premiunYS thereon pa~d in full, fire insurance in the usual standard polity form, in a su~n approved by the MORTGAGEE, and w:ndslorni i insu•ance ~n Ihe ~sval ~tandard pot:cy fo:m, ~n a sum approved uy ~nr f.~vn3:~:,vzc, ; .~c:`: :c=-;.:^~ _ ~•~~~es as the AIQRTGAGEE may dired; and all (ira and w~ndstorm insuranc: polid;s ~n "any of sald build~ngs, any interest therein or part•tFereot; in the aggregate tum aforesaid or In excess thereof, shell contain the ~sual standard mortgagee c(ause or such oiher clause as the A?ortgagea may require, meking the loss unde~ ~aid poli• ' cies, each and every, payable to said h10RTGAGEE as ils interest may appear, and earh and every such policy shall be promptly ass gned and dctivered to any held by ~aid h10RTGAGEE as further seturity to said mortgage debl, and, nut less than !en (10) days in advance of the expiration oi each potity, to de- liver to sa:d h10^nTGAGEE a ~enewal fhereot, togeihe: with a receipt for !he premium of surh renewal; and there shall be ro iire or winduorm in~urance pl~ted on any of sald buildings, any interest there~n or par~ thereof, unless in ~he form'and ~vith the loss payable as aforesaid; and in the event any sum ~ of money bucome~ paya6le u~der such policy or po~icies said M.ORTGAGEE shall have the option to receive and apply tha same on accoun~ o~ the indrbted- ness secured hereby or to permit ~aid MORIGAGORS to receive and use it or any parl thereof for othe~ purposes, ~v~ihout th~rcb~ .vaivi~~a or unpair- t ing any equity, lien or right under or by virtue oi th:s mo:!gage; and i~ the svenl sa~d MORTGAGURS shall for any reasan fail to keep the said prem~sef so t iniured, or fai) to deliver prom~t(y any.of said pol~uea of insuronce b sa~d h10RTGAGEE, or fail p~omplly to pay fully a~y premium therefor or in any ; te~pect fail to pe~fosm, discharge, execute, effect, complete, comply with and abide by this covenant, or any parl hereof, sjid h10RTGAGEE may place nnd i pay for such insurance or any peri thereof without watving or affecling any option, lien, equity, ar r~ghi under or by virtue of this hlortgafle, artd the i full amount of each ancl every xuch paynent shall be im~nediately dus and payable and shall 6ear interesl from Ihe date thereof uMil paid at ihe rate o1 ! nine per centum per annu~r. and to~ether ~,rith such inte~esl shall be seture~i 6y the lien of tiiis mortgage. 4. To permit, tommit or suffe~ no waste, impairment or deterioration of said property ot any pari thereof. S. To pay all and singular the.tosts, charges and expenses, including a reasonable attorney's fee and costs of abstracts of fit~p, incu~red or paid at any time by said MORTGAGEE. because or in the evenf of the /ailu:e on the part of ~he said MORTGAGOR to duly, promplly and fu~~y perform, d~scharge. executr, etfect, comptete, comply with and ab:de by each and every tl~e stipulat~ons, agraements, cond~~ions, and covenants ot said promissory note and this mortgage any or e~ther, and sa:d costs, charges and expenees, each and every, shall be immediatety due and payabte; whether or not there be nor;re de~ mand, atfempt to collect or euit pend~ng; an~ tne full amouM of each and every such payment shall bear int_rest from the date thereof until paid at the ~ rate of nine per cent~m per annum; and all said cos~s, thar~es and expenses incurred or paid, together w~th such interesl, shall be aetured by the lien of th~t ~ mottgage. j A. That (a) in the event of aoy breach of this Mortgage or default on the part of rhe MORTGAGOR, or (b) in the event any of sald wms of money i he:ein referred to be not promptly and fully paid w~thin thirty (30) days nex~ aiter Ihe same severally become due and payable, without demand or notice, or (c) in the eve~t eac}~ and every the stipulations, agreements, conditions and tovenants of sa:d promissory note and th~s mortgage any or e+ther a~e no1 ~uty, promptly and fully perFormed, d,scharged, exec~~ed, effectec~, completed, compl~ed w~th and ah~ded Sy, then in either or any such event the said ag• gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and ait maneys secured hereby, shall become due and pay- able forthwith, or Ihereafter, at the option of said h10P.iG.AGEE, as (ulty and comp~ete~y as if aN of the saed sums of money were originally st~pulated to be Nr;d on such day, anyth~ng in sa:d promissory note or in this hlortgage to the conlrary not~vithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice o~ demand, suit at law or in equity, thereFore or thereafter begun, may be prosecuted as if atl moneys secured hereby ` i had matured prror to its institution. 7. That in the event that at !he be innin of or at an time ~ 9 g y pending aqy suit upon this hlortgage, or to foreclose it, or to reform it, or to enforce payment of any claims he~eunder, said MORTGAGEE shalt apply to the Court having jurisd~c~ion thereoi tor Ihe appo~ntment of a Receiver, such Covrt shall ~ Fortfiwith appoint a receiver of said mortgaged property a(I and singutar, indud~ng ail and si~gular the irtcome, p~olits, issves and revenues from whatever i tource derived, each and every of wh~ch, it be~ng expressly understood, ~s ;~ereby mortgaged a~ if spec~iically set forth and described in the granting and j habendum dauses hareof, and such Receiver shall have all the broad and effe~tive funa~ons and powers in anyw~se entr~sted by a Court to a Receiver, and :u:h appointment shall be made by such Court as an ad:nitted equity arsd a m.atter of absofule ~ight to said MORTGAGEE, and without reference to the adequac/ or inadequacy of the value oi the property morlgaged or to the solvency or insolvency of said MURTGAGOR or the defendants, and that such rents, profits, income, issues and revenues sha~l be applied by such Reteiver accordin9 to the tien or equity of said MORTGAGEE and the practite oi such Court. B. io duly, promptly and fully perform, discharge, execute, ef(ec1, complete, comply w~th and abide by each and every the stipufations, agreements, conditions and covenants in saio ~Sromissory note and this mortgage set forth. i 9. That in ihe event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, its successors and assigns, may, kv~rhout no~~ce to the MORTGAOR, de~l with such successor or s~ccessor in interest with reference to this t mortgage and the debt hereby secured in the same manner as w~th Mortgagor without in any way vit~ating or d~scharginy the ~.lortgagors' liability here- under or ~pon the deb~ hereby secur_d. No sale of the premises hereby mortgaged and no forbearance on the part of the ~.SORIGAGE~ or its successors or assigns nnd no extensien of the time for the payment of the aebt heceby secured given by the ~hORTGAGEE or its successors or assigns, ahal) operate to release, discharge, modify change or affect the original liab~l~ty of the MORIGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is ef the essence of this contracl and that no waive~ of any obligation F~ereunder or of fhe obtigafion se- ccred hereby shall at any time therealter be held to be a waiver of the lerms hereof or of tha instrumeM secured herby. 1!. In add:t;on to the forego'ng monthly paym~nts ot p~inc'pDl and interest required by the prom:ssory note secvred hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each month!y payment on add~rional sum est~mated by mortgagzs to be equal to 1~ 12 of !he annual ~ost of the follow- ' ing: A-All real property taxes tevied or assessed aga~nst the above descr+bed rea! estate. ~ B-P-emiums on fire and windstorm insurance as here+n req~~red to be carried on the improvemenls situate on 1he above described premises. C-Premiums on such mortgage guaraMy insuraace as mortgagee shall from t'me to time deem fit to t>rry on the loan secured hereby_ ~ Mortgagee shal~ from time to time notify mortcagor in wriling of the amount due and payable hereunder and Such sum shall thereupon Ee due and payabte on the due date of the next monthfy payment artd each svccessive month thereafter ~r.fil mortgagee sha!I not~fy mortgagor of a change in s~ch amouM. Such sums shafl be applied by mortgaeee IOtY3f(~ the payment of real property taxes, inwrance prem;ums, a~~d mortgage guaraMy insurance j premiums. 3 f (N YJITNESS LYHEREOF, the said h10RTGAGpR has hereuntp set his hand and seal the day and year 'rst aforgsaid. ± ned, Sealed and delivered in the preience of: L,~ ~ 7 ~ , (Seal) ; , ~ f ~ (Seal) ~ (Seeq ~ STATE OF FLORlDA ~ COUNTY OF S t. Lll C~ 8 ~ ~ ~ Davi_d B. Bzdwell ~ Before me personally appeared and ~ Florenee L. B~C3W8~1 his wife, to me well knovin an~ known to ma fo be ~ the individuals described in and who ezecuted the foregoing instrument, and acknowiedged before me that they executed.iht`same:{ot;lhe p~rposes Iherein expressed. And the said Florenee I,. Bidwell i wife ot the said D 9 tT 1(j B. B 1 C~L+Ie 1.1 vppn a~eRarate"drtcl,piivate ~ examination by me taken separate and apart from her said husband, acknow~edged_to and before m~ that she executed safd lnstrument-fc~1y~ Md vOfun- ~ larily and witho~t any compulsion, constraint, appiehensio~n, ~or.~fear of or from her sait! husband. - ; " L-~ ~ Y~ITNESS my hand and official seal this-.~-~7~- da of aTBT]U8 T'V A.~ D. 19 G~ Y ~ , , ;y~ ' , ~1L~~ • - . -tary Pub!:c in ard fo: the State-o~ F1c>~~da et ~at ~ ED h1V Commission ex ires: fi~ Return ra: REC~RD Y p~ • ~ `(~4~, ~ ~~~Ep ~`NG ~,.~pOK F~ot~ry Pu61"K, Stite at Fta~da~~~.t~c~er,~:,~,'~,•`'', firsT Federal Savings ~ loan Associat: n e• Com+nission fzpirei Sept. Z3, ~9 ~ ~ Of Fort P~erce. ~~'t -~~~~C~a~ - i . FOtI ~+ette. Florida ~ ~,(f~ {on~c~ !r ~R~rit+n f~n t Gtiu~My Ce. 1 ~ . 1'~}L Pt~ 2 ~ ~ . • - ~ _ _ ~1~~ 2y ~ - ~ , . ~ - ~ _ ~ ~~;:,~:t.~~ EFtK . • - . . ' :a(~;i i ii:::~. C~'~ ~ _ - , ~ - ROSTh~tl~?E CpUNT ~ • ~ ~LORIDQ ~ ~ ~ ~ - , 3 ~ • . `t~\`~ ~ ~ ,.~i:i:ii•:\ 800K .b~ l. ~ • ; ~~'-•~I - - _ _ _