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Home My WebLink About1921 . ~ ~...1~ 1 ~ ) ' ~ j ` ) ~e D~ SUP~L~1L~'`~~:L i~~~i~i~ui~:i;t~T ~ Lo~n No. TH~. UADi:i~SIGI~i~D, of the Count~ of ~ St~t~ of F'lorida, liereinafter raferred ~o as t~ie ?~;ort~;agor, hereby executes and delivers to CITIZENS FEDERAI, SAVI~IGS AND LOAN ASSUCIATION OF ST. LU~Ik~ COU\7TY, a corporation or~anized and existing under the laws of ttie United Statas of America, hereinafter referred to as the Mortgagee, ~his Supplemsn~al kgraement, pursuant ~o a Mortgage executed and delivored concurrently herewith, and thi~ Supplemental I~greement is expressly made a part of said Mortgage, wnich is fur~tier identified as hlartgagee' s Loan No~.~ . Snid Pfortg8ga, includin~ the Supplem~ental Agreement, is made to secure the indebtedness secured by said hlortgage and evidenced by no~e therein ~ described and bearing said Loan No. and to secure the performanca of tha Mortgagar's covenants herein contained. THi: rIORTG~~GOR ~OVEI~~?ivTS: 1. (a) To pay said indebtedness and tiie interest thereon as here- in a~d in saia note pi~ovi~3ei3, oi= ac~~rding ta any ~greement extending ~he t im~e cf pa~„ ar.t ~h~»~cf; ?'e Yay wr:Pn c~u~ ~nd befor~ nny penalty at~aches t~iereto all taxes, special taxes, specinl assessments, water charges, and sa~rer service charges against said property (including those heretofore due), and to furnish 2~lortgagee, upon request, duplicate re~ ceipts ~herefor, and a~l such items extended against said property shall be concluaively deeme3 valid for the purpose of' ~his requirement; (c) To keep the improvements now or hereafter upon said premises insured. ~~A-In~t dAmage by fire and sucn other hazards as the Niortgagee may re~ quire to be insured against; and to provide public liability insurance and such otner insurance As the Mortgagee may require, unt31. said indebt- edness is fu'_ly paid, or in cbse of foreclosure, until expiration of ~~2e period of re3emption for the full insurable value thereof, in such com- panies, through such a~ents or brokers, and in such form as shall be satisfactory to the P~ortg~gee; such insurance policies shall r~mr~in with the I~~fortgages during said period or periods, and contain the usual clause sa~isfactory to the r~ortgagee making them payable to the Mor~gagee; and in case of foreclosure sale payable to the owner of the certificate of sale, owner of any deficisncy, any receiver or redemp~ioner, or any gran-- tee in a T-ias~er's or Commissioner's deed; and in case of loss under such policies, ttie i~fortgagee is authorized to adjust, collec~ and compromise, in its discretion, all cl aims thereunder and to execu~e and deliver on behalf of the i~iortgagor all necessary proofs of loss, receipts, voucherss releasas, and acquittances required to be signed by the insurance com- panies, and tize i~iortgagor agrees to sign, upon caemaiic~, ~-e~Gi~~~, vouchers and releases required of him ~o be si_gned by the Mortgagee for such purpose; and the i•Iortgagee is authorized to apply the proceeds of any insurance claim to the restoration of' the property or upon the indebt-~ edness hereby secured in its discretion, but monthly payments shall con- ; t3nue until said indebtedness i.s paid in full.; (d) Immedistely after ? destruction or damage, to commence, and promptly complate the rebu~lding or restoration _of buildings and ~.mprovements now or hereafter on said p'reriises, unless t~iortgagee elects to apply on the indebtednoss secured hereby the proceeds of any insurance covering such destruction or damage; 4e) To keep said premises in good condition and repair, without waste and free from any mechariic~s or o~her lien or claim of lien not expressly subordinated to tiie lien hereof; (F) Not ~o make, suffer or permit any unlawt~ul use of or any nuisance to exist on said ~roperty nor to diminish ~ nor impair its value by any act or omission to act; (g) To comply with aIl requirements of law with respect to mortgaged premises and the use ~hereof; (h) Ajot to mr~ke, suffer or permit, without the written permis- sion of the Mortgagee being first had and obtained, (1) any use of the proparty for any purpose other than that for which it is now used, (2) ~ , any aZterationsof ~he improvements, apparatus, appurtenances, fixtures 5 ~ or equipment now or here~fter upon said property, (3) any purchase on conditional sale, lease or agreerr~ent undor which ~~~Ye is reserved in the vendor, ~f any apparatus, fixtures or equipment to be placeci ~,n or upon an~ buildings or improvements on said property. _ i ~ 6dUK 1~8