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Home My WebLink About2158 And iaid :1lortgngors. ioi themietves and tneir hairc, legaf rearetentativas, iutcsssars and assigns, hereby iointly end teverelly covenent and aqrae to and ~v~tFi Ihe eaid h10RTGAGEE, iis s~xcessors and assigns: 1. To pay ali and ~ingular thE princip~l and interest and 1he various end aundry ~umf of maney payable by virtue o( ~aid promistory nota, and thl~ mortgaye, each end every, promptly on ihe deys respect~vely the feme feverally bctome due. 2. To pay alI and f~ngular the taxes, as:essments, levies, liabiliiie~, obliga~ion~ and encumbrancet of every nsture and kind now on aeid detcribed property, or ~hat he~ea(ter may be ~mposed, su((e~ed, placed, levied, or assessed thereon, or that hereafler mey be levied w aite~ted upon thi• Mortp- age, or the indebtednris sa<ured hereby, each and every, ~vhrn due and payeble, according to law, before they become dalinquenl, and betore any Intbte~t attaches or any penalty is.incuned; AND INSOFAR AS ANY THEREOF I$ OF RECORD THE SAME SHAIt BE PROMPTLY $ATISFIED AND DISCNARGED OF RECORD AND THE ORIGINAI OFFICIAI OC~CUAIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TF1E SATISFACTION PAPER OFFICIALIY ENDORSED OR CERiIFtED) SNAII BE PIACED IN THE HANDS OF SAIp h10RTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENi, and in the event that any thereof i~ not paid, sa~ sf~ed and d~scharged ~a'd h10RTGAGEE may a~ any I~me pay the same or any part thereof without waiving or affecting any option, lien, equ~ty or .iqht under or by virtue of this monga9e and the fuil amount of each and every such paymenl shall be immediately due and payable and shall bear interet~ ~rom the date thrreof unril paid ar rate of eight per tentum per annum and together w~th suth interes? fha11 be secured by the lien of th:~ morgtage. 3. To plsc~ and continuouily keap on ths bulldinp• now or hsreaft~r ~ituate on teid land and on all equipment and personelly cov~red by ihl~ mortQ~ epo, with sll premtum• tharson paid in full, firo inwrencs in the u~usl ~tandard policy form, in e~vm approved by the h10RTGAGEE, •nd windstorm inwrenca In th~ uiua) ~tendard policy form, In • ~um approved by tht MORTGAGEE, in ~uch tompsny or compan~e~ as tha h10RTGAGEE m~y dir~d; •nd sli fire ~nd wind~torm Insurence policies on any of ~aid building~, ~ny interost therain rn part thereof, in the eggregete i~m aforaaid or In sxces~ thereof, ~hall contain the usual st~ndard mortfleflee clauie or ~uch other dauss a~ the Morlyeyee mey req~ira, makiry the loi~ under teid poll- ctei, each and' every, payable to •etd h10RTGAGEE as il~ intereit may eppeer, and each end ~very iuch policy •hail be promptly a~s.gnad end delivered to •ny held by ~aid MORTGAGEE af further tecurity to ~aid mor~gage debt, and, not lets then ten (10) day in advanca o( Nie Qxpiration of eech palicy, lo da liver to ~aid MORTGAGEE a renewal thereof, together with a receipt for the premium of ~uch ~enawal; and there ihall be no fire or winditorm ins~rerce pleced on sny of ~eid building;, any intere~t therein or pert thereof, unle~~ in the form and with the loss payable as afore~aid; end in the event any ~um of money becomee psyable und~r euch pollcy or poi~cies ~aia n~v~civAV[~ •naii nave tne opiion to receiva a~~~ a~ply the teme on accounl pf the Indetted- ne+s secured hereby or to permit sa~d MORiGAGOR$ to receive and u~e It or any parl thereof for other purposes, wiihout thrreby ~n•aiving or impair- Ing any equity, tie~ or ?ight under or by virtue of this mortgegn; end in the event said MORTGAGORS ~hall for eny reason fail to keep ths taid premise~ to Imured, or fetl to deliver promptly eny of ~aid policiei of insurance fo ~aid MORTGAGEE, or fail promptly to pey fully any premium therefor ar i~ e~y re~pect f~i~ to perfnrm, di~charge, execute, effect, complete, comply with and abide by thii covenant, or any part hereof, ~aid MORTGAGEF msy plnce and pay for s~ch In~urance or any part thereof without waiving or affecting any option, lien, equity, or right under or by virtue of this Mortflage, •nd the full amount of each and every tuch payment ~hall be immedietely dua and payable and shall bear interest from the dete thereof until paid at the rata of nine per centum per annum and together with such inlerest shall be iecured by the lien of thi~ mortgage. Tu permii, commit w ~uffer n~ wasta, Impairment or detericration of teid property or any part thereof. S. To pay a'I and ~ingular the co~t~, cherges end expen~e~, including a reasonable attorney'~ fee and costs of abstrect~ of title, incurred or paid et ~ny time by iaid MORTGAGEE, betause or in the event of thr failu~e on the Hert of the ~aid MORTGAGOR to dufy, promptly snd fully perform, di~charae, •zecute, effect, complete, comply with and abide by each and every the ttipulationt, agreementt, condition~, and covenants of teid prornissory note and this mortgape any or either, and said cost~, cha:gei and expense~, each and every, ~hall be immediately due end peyable; whether or not t~ere be notice d~ mend, attempt to cullect or ~uif pend~ng; a~d the full amount of each and every such payment sfia11 bear intere~t from the date thereof ~ntil paid at the rate of nine per centum per ennum; and alI said costs, charqes and expenses incvrred or paid, together with iuch interest, ihall be :ecured by the lien of 1hi~ mortpepe. ' 6. That (e) in the evenl of nny 6reach of thi~ Mortgage or defa~lt on tfd part of the MORTGAGOR, or (b) in the evenl any of •aid tumi of money heraln referred to be not promptly and fully paid within thirty (30) days nezt aft-r the •ame severolly become due and payeble, without demend or notice, or (c) In ths event each and every the stipulations, agreementa, conditions and covenant~ of ~aid promissory note and th~i mortgage any or either are not ~uly, promptly and fully performed, d~icharged, exec~ted, eFfected, completed, complied wiih and ebided by, then in either or any s~ch event the said a~- Qregate tum mentioned ln caid promissory note then remaining unpaid, with interesl accrued, and atl moneys secured hereby, •hall become due end psy~ ahle forthwith, or thereafter, at the option of ~aid MORTGAGEE, as fully end completely at if ell of the ~aid •ums of money wers originelly ~tipvleted to be peid on sucfi dsy, anything in said promissory note or in this Mortgage to the controry notwithstanding; and thereupon or thereafter at the eption of taid MORTGAGEE, without notice or demand, suit at la•.v or in equity, therelora or fhereafter begvn, may be prosecuted as if all moneyt fecured hereby had mefurod prior to itt in~titution. ~ 7. That in the event that at the beginning oi or et any time pending any suif upon thii Morfgage, or to foreclote it, or to reform it, or to enforte payment of any claims hereunder, taid MORTGAGEE shall apply to the Court having jvrisdiction thereof for the appointmenl of a Receiver, Iuch Gourt sh~ll torthwlth appoin~ a receivtr oi •aid mortgaged property all end singular, inclvd~ng all and ~inguler the income, proti~~, istues and revenue~ from whetever tourte derived, each and every of which, it being exprea~ly understood, i~ hereby mortgaged at if specifically set forth and deuribed in the grantin9 end hsbendum clauses hereof, and such Receiver shell have all the broad and effective functions and powers in anywise entrusted by e Court to a Recelvar, and tuch sppointment •hefl be made by suth Court as an edmitted equity and a matter of ebsclute right to said MORTGAGEE, and withovt reference to ths ~ Y J-y y``- Nrv~:ty .,•tga~z3 .•F_ ^!~•^t+~ ef ~,~d MORTGAGOR w the defendent~, end that wch ba- u8c 'vi iiiaue vdi 'v~ i~iz YOiYU a:~ ~::u • rentr, profit:, income, Itsuet and revenue~ thall be epplied by ~uchvReceiver eccording to the lien or equity of ~eid MORTGAGEE and the practice of tuch Court. 8. To duly, pranptly end fully perform, discharge, execute, effect, complete, comply with and abide by each end every the ttipulation~, agreement~, conditioni and cove~~nt~ in taid promis~ory note and this mortgage set forth. 9. That in the event the ow~rship of the mortgaged premites, or any part thereof, betomet vested in a perwn other tlian tha MORTGAGOR, the MORTGAGEE, ft~ Kicceuors and as~igns, may, withovl notice to the A1nRTGAOR, deal with iuch :uccestor or iuccefsor in intereat with reference to thi~ mortyags snd t~ debi, ~ereby secured in the same manner as wilh hbrtgagor without in any way vitiating or ~dischargfng Ihe Mortgagor~' liebility hare~ undar w,vFlon.the~debt fiereby secured. No sale of the premises hereby mortgagtd •nd no forbearance on the p~rt of the MORTGAGEE or its ~uccesfor~ or u~igris tnd~rSo axtension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its ~ucceisor• ot a;:Sa :ha~: a~,a:at: w nNasu d~*4iarys;'modify chany• or affeci the original ttsbility of the MORTGAGOR herein, either in whote or in part. 1Q: ~It ~r spatifitally- 6greed thal time i~ of the eitense of this contracf end that no weiver of eny obligation hereunder or of the oblt9ation sa• tvod~hete~i~hsll'd any tirtye.theieafter be held to be a waiver oF the termt hereof or of the in~~rurnent secured herby. _ ~ ' i tl. adtlitiq(?'~to~-tF~a, iQrlgaing moNhly peyments of princ pal and interesT required by the prom~swry note •ecured hereby, mortyagor tovenant~ ' ~nd.aqree~-to,pay fv.oi¢rtgegee~swith each monthly payment an eddi?ional sum estimeted by mortgcc~ee to be equal to 1/12 of the annuel co~t of the folfow- 'i ~~i . . jr . ~i _ ~ A-AII real ~~oparty't,~ces,levied or aisessed against the above descritsed real estate. B~'PremSurn~ ort fire ind'windstorm inivrance as herein required to be carried on tht improvementi sit~ate on the above described premiie~. ~ C-Pre~nivbis~4M such mortgaga g~eranty insuran:e at morlgagee shall from fime fo time deem fit to carry on the loan secured hereby. Mortgegetr shs11' flom time to t;me nolify mortgagar in writing of the amount due and payable hereunder artd such sum shall thereupon be due and pey~ble on tix due date of the nexr monthly paymanl and each succetsive month thereaiter ~ntil mortgagee thall notify mortgagor of a chsr.fle in such emount. Such sum• ~hall be spplied by mortgagee toward the payment of real property taxei, In~urance premiumt, and mortgage guuanty insurance pttmiumt. ~ IN WITNESS WHEREOF, thr said MORTGAGOR ha~ here~nto tet hii hend and teal the day end year first afore~aid. s~~~ srtd deli e ea the pros~nce o~ E p~ N D R E C 0 r~ D E D ~ s~ ~ • • ary ?OOK - ~~~d~~~C[.Gft/ a4 - 'c~6 FC8 i 4 ~1 i~ : S 9 c~.~> - STATE OF fLORIDA ) R~S;: > SS. t ~c jt~ ` cour?nr oF S~. Luc i e ~ i defora m~ per~onelly appaered snd ~:,3~ ~ ht• wifa, to rrN well known and known ta m~ ro bs tM~~1 ~ulbed In and who sxx~te.~! ths forepotny 1 s , acknowledged befwe me thet thsy •xec~ted the ~ams for th~ purposas rh.~~ ~x~:a~ted.. Ma=1n,`~,~~ Ida Leg MQrgan ~,.d,~ ~d~ ' R@V. Frank Doug1A~ __Mor¢a~n _ e~pirat• and privat~ ~xiR1!njtiotr~~ r i ta un "teper~~ snd aps+? from her ~~ld hutbend, atknowledged to and before me that ihe exavted ~~id tnstrumtnt frealy •nd volvtr ' 1~ig Md~wiffiovt t[~1y Lerripul~iSn; con~treint, •pprehension, or fear of or from her ~aid hutb~nd. , U ~ ~ '~~yYll' M l 5 5 my Fu~ qi?d~q}lkial seel tfit~ 12th day of A. D. 19~ ~ t' u 6 . i i~.' • Notery Publfc tn ~nd for tet• of fbrida at L~rfl• ~ f ~ ' T s ~ ~ My Commii~ion •xpiref: ' '~~,i~~t:i, ~erurn To: Notary Public, State ot Flor;da at Large c~r~:en, hder~l S~vinBs ~~o.~ A.:o~~.~~o~ ' My Commission Exp~res frtarch 1, 1969 ~ Of St. ~V~~! COY(IfJI B~cded By A!-tr~c~a Fue 3 Cas~aily Co. Ft. Pierce, Florida ~ ~x ~ ~j~ ` OQ J