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Home My WebLink About2162 And ~aid h~.o~tgagors. For the~naelve~ and ~hair heir~, leqal ropresentativ~f, suctest^~~ •nd etifigm, hereby jointly and fevsrally toven~nl •nd ap:ee tQ and wi~h ~he iaid hiORTGAGEE, its ~u<ceison and ass~gns: 1. To pay ell end singular the printipal and interest and the va~ious and svndry f~mf of money payable by virtue of said ptomitsory nott, and thi~ mortgage, each and every, promptty on ihe days respet?ively the same sevarally become due. 2. To pay all and ~ingular the taxes, afsessments, lavies, lia'uilities, obligation~ end encvmbrance~ ot every natvre snd kind now an •aid deivibed proparty, or that hereatter may be impoted, suffered, pleted, levied, or ai~esied thereon, ot thal hereoNEr may be leviad o? asfe~sed upon 1h!• Abrtq- ~ge, or the indebtedness secured hereby, each and every, when due and payable, actordi:+fl to law, before Ihey brcom• delinquent, end befo~e ~ny ir~t~rt~t a~~athef or any penalty is incurred; AND INSOFAR AS ANY TIIEREOF IS OF RfCORD THE SAME $HAII BE PROM~TLY SATISFIED AfdD OISCHARGEU OF RECORO AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SAiISfACT10N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII 8E PIACED IN TNE HANOS OF SAID MORTGAGEE 141THIN TEN DAYS NfX~ AfTER PAYMENT, and in thr evenl that any thereot is ~ei paid, sat~~fie~ and discharged sa d MORTGAGEE may at any lime pay the same or any part Ihereof w+thout waiving or af(ecting any optio~, lien, equity or ! .iqhi under or by virtue of this mor~gage and the full ~~mount of each and every s~ch paymenl thall be immediately due and paya6le and shall ba~r intere~~ From ~he date Ihereof until paid at rate of eighl Hzr cemum ptr annum and logether w~th fuch intereN shall be secured 6y Ihe lien of th:t mo~glaye. 3. To pt~ct snd contfnvouily kesp o~ tha butldinyi now or hereafter ?ifu~te on tafd I~nd end or~ ~II equipment end psnonally cover~d by Ihlt mort~ egs, with ~II premium~ thareon paid in (ull, fir• intu~ence in the utual ftanderd policy form, in ~ ~um approved by the MORTGAGEE, snd wlnditam Intunnc~ In tM us~el ~tandard policy fwm, In a ~um ~pproved by tha MORTGAGEE, in tuch compeny or compante~ tha A1~RTGAGEE may diredt ~nd all fire and wind~torm in~uronce policie~ on any of ~eid buildingt, any tntere?t fhereln or pert thereof, (n the •ygreyete ~~m afaetaid or In exc~ii thareof, thell cont~fn the u~ual ~t~ndard mortgafle• tlau~e or such other clau~e •t the Mortpages m~y require, makiny the lou vnder ~sid polN dt~, ach ~nd' avary, peyable to •ald MORTGAGEE a• itf intere~t may eppear, and each a~d every such policy ~hall be promptly su:~ned and delivered to any held by daid MORTGAGEE a~ further ~ecurity to ~aid mor+page debt, and, not less than ten (10) deys in advence of Ihe expiration ot each policy, to dr liver to ~aid MORTGAGEE e ranewal ihereof, toqether wilh a receipt for the premium of •~ch renewal; and there shell be no fire or windstorm in~urence , plac~d on any of ~iid buildings, any intereit therein or oait thereoi, unles~ in the form and with the loi~ payeble a~ aforetaid; end in the event any sum of money becomes payable under t~ch po~lcy or polities ~aid MORTGAGEE shall have the option to receive and apply the ~eme on ecco~nt D( the indebted• na~i ~ecured hereby or to permit ~aid MORTGAGORS to teceive and ute it or any part thereof for other purposes, without lhereby waiving or impair• InQ sny equity, lien or right unde~ or by vi~tue of thit mortgaye; and in the event iaid MORTGAGORS thall for eny reawn feil to keep ths ~aici prerr.ise> >o fntured, or fsi) to deliver promptly any of iaid policie~ o( Ins~rence t~ faid MORTGAGEE, or fail promptly to pay fully any premium therefor or in •ny re~ped fail to perform, dischergr, execute, ef(ec1, complete, comply with and abide by thi~ covenant, or any part hercof, ~rid MORTGAGEE may place enu pay (a tuch Iniuranca or •ny part thereof without weiving or affecting any option, lien, eqv~ty, or right under or by virtue of ttii~ h~ortgage, and the full ~mount of eath and every ~uth payment thall be immediataly due and payable end shali bear Interesl from the date thereoi until paiJ st the reta o1 nine per centum per annum and together with such interest shall be securod by the lien of this morty~ge. ~1. To petmit, tommit or suffer no waste, fmpairment or deterioration of teid proparty or eny part therFOf. 5. To pay all and singuler the cotitr, cherge~ ar.~ sYpenses, including a rea~onable attornry's fee and co~tt of ab~trotti of title, incurred or paid •t any time by ~aid MORTGAGEE, becauie or in 1he event of tha feilure o~ the pert of the ~aid MORTGAGOR to duly, promptly tnd fully perform, discharps, ~xxute, effect, complete, comply with a~d abide by each ~nd every the ~tipulatio~~, agreement~, conditlon~, and covenantt of ~aid promissory nota end thit mortgege any or either, and said cost~, charges end expen~e~, ~ach and every, ~hell be immedintely due end payeble; whethar or not there b~ notice de, mend, attempt to collect or ~uit pending; and the full amount of each and every svch peyment shall bear interest irom the data thereof ~ntil paid at tht rote of nine per centum per annum; and all said costs, charqei and expentas irxvrred or paid, togtther with ivch interast, shell be tetured by the lien of thii mortgap~. 6. Thit (e) tn the event of any breach of thi~ Mortgage or default on the part of tha MORTGAGOR, or ib) in the event any of seid ~um~ of moneY hereln referred to be not promptly and fully paid within thirty (30) deys next efter the teme teverelly become due and payable, without dem~nd or notice, or (c) In tha event each end every the ~tipulations, agreement~, condition~ snd covenantt of seid promit:ory note and th~~ mortflage any or either ere not ~~ly, ptomptly and fully performed, d~scha~ged, executed, effected, completed, complied with and abided by, then in either or any tuch event the ~iid a~ preyate ~um mentioned In taid promiisory note then remaining unpaid, with interest accrued, anc~ all moneyt ~ecured hereby, ihall be<ame d~t end pay- ~hl• forthwith, or thereafter, at the option of •aid ASORTGAGEE, as f~lly and completely es if all of the said sums of monay were originelly ttipulated lo be paid on such day, anything in said promissory note or in this Mortgage to the contrary notwith~tending; and thereupon or thereafter •t tha option of ~aid MORTGAGEE, without norice or demand, suit at law or in equity, therefore or thereafter begvn, may be prosecuted as if all moneyi •ccvred heteby h~d matured prior to it~ inttitution. , : 7. Thet in the event that at the bcginning of or at any time pending any tuil upon thit Mortgage, or to foredose tf, or tp reform 21,~ or to enforce payment of e~y cleims hereunder, taid MORTGAGEE thall apply to fhe Court haviry juriidiction thereof (or the appoi~tment of: i Jtc~elver,~,iyc?S Cour1 ahall forthwith eppoint a receiver of said mortgaged property all and •ingular, includ~ng ell and singular the income, profin, i~sues. aCd r4ran~e~ frofn~ whetever iource derived, each end ev~ry of which, it being expre~~ly vnderstood, is hereby mortgeged a~ if ~pecificatly set forth and destrl~ed'in.1M qrenii~g and habendum tleuses hareof, end such Rece:ver shell have all the broad and effective functian~ snd power~ fn anywise entruited br p Court~to ~ Reeelver, ~nd ~~ch appointment shall be made by such Court as an admitted equity and a matter of abtol~te riyht to wid AIORTGAGEE; ind: wifhovl'raferente to ths. edeq~azy ar inadequacy of the valua of the property mortgaged or to the ~otvency or insolvency of saiJ A10RTGAGOR ot the~dlfeF~danfl4 and th~t-~u~h: rent~, profits, tncome, is~ue~ and reve~ues shall be epplied by •uch Receiver accordiny to the lien or eq~ity of teid MORTG~GEE pnd• rhb,prutics of suth Court. • ' . 8. To duly, promptly end fully perfor:n, discharge, execute, effect, complete, comply with and abide by each and ~veiy the'ttipulifiQn~~'~yrs~Omsn~, conditiom and coven~Ma in ~aid promissory note and thi~ mortpage ~et forth. 9. Th~t in the event the ownerihip of the mortgaged premiies, or any part ihereof, becomti ve~ted in e perton othar 'thln tha• MORTG/~~iA, tha MORTGAGEE, its tuccessors and as~igni, may, without notice to the MORiGAOR, deal with ~uch :uccet~or or tuccessor in intere~t~'virith :ttferehte to this morlyaQ• and tM deb~ hereby secured in the •ame manner as with Mortgayor without in any way vitiating or ~d~scharging the Mortqigor~' Ilabtlity hera under or upon the debt hereby sec~red. No sale of the premises hereby mortya9ed and no forbearance on the psrt of tht MORT(~$EE or w~ceston or atsiflns ~nd no extension of the time for the peymenf of 1he debt heteby stt~red given by the MQRTGAGEE or iti fu~soft dDBttip~~, ~a~ parats ia nl~st~, discharpe, modify change or ~ffecr ihe original liability of the MORTGAGOR herein, either in whole or In ~ rn '71 10. It It spetificslly egreed shat time i~ of the assencs of thit contract and thet no waiver of any obligatio ~q~vndrr ~~pf~, tfi~ ' n ss• cvr~d henby shall •t a~y time thereaftEr be held to be • watver of the terms hereof or ot the instrument •ecured herb'y. ~ C~ , 11. In eddition to the foregoing moMhly payments of princ pal and inferest required uy the promistory note ~~~~eby nanri and ~yreas to pay to mortpagee with each monthly psyment ~n additionsl sum eitimsted by marrg;.gee to tx equal to ~ann~) ost ollow- I i~' 0 ~T1 --i ~ A-All real property taxes levied or assessed againsP the above described real estate. ~ "p rn B-Premiurns on fire and windstorm insurance ei herein required to be carried on thc improvement~ situate on G~~b~~r~~~d~bscr~d re rn C-Prcmiums on such mortgage guaranty insurance as mortgegee ~hall from time to time deem fi1 ~o carry on~doan ~tNred h ("~.1 Mortgagee ~hall from time to time notify mortgagor in writing of tha amovnt due and payable hereunde? and suaCf"akr.l~all fFie'? ~nd pay~ble on the due date of the next monthly payment and each t~cce~tive month thereafter ~ntil mortgagee shall noYrf~l Fi'iortgagoP ef h~~:vch ~movnt. Such •vms ~fiall be spplied by mortgagee toward ihe payment of ~eal property tnxe~, fnsurence premiums, ~4~d~orty+qajpus n ~rance premlum~. C.d o ~ IN WITNESS WHEREOF, ths •eid MORTGAGOR hes hereunto sef hit hand and seal iha day ~nd year first aforesaid.~ ~ ll~Q/yf~ Seal Si gned, Sealed (Seal) delivered in th ~AfORTC~l30RS~ presence of = AV ~ ~ ~ ST OFaE ~ ~ Of _ Mforo ms p+rwnally ~pptarad Juan L Echanes ~ RUt}1 A. Echanes hts wlft, to m• wall known and known to m~ to be IM Indivldwlt dKVibed ln •nd who ~xecuted tM foreyoinQ (nstrurrwnt, and ~cknowlsdyed befor• ms that thsy sxtcuted th~ sam~ for ths purpoass .,~p„~. ,~,d ~.,,d Ru th A Ec hane s wH~ of tM satd luan L EC~'18i1@$ , ~pon t tep~r~ts •nd privat~ •xaminaHon by m~ t~k~n ~eparats and ~pert from Mr sild hu~band, scknowl~dycd to and b~for~ me that ~he execvted said Initrument freoly and volwr tu11y ~nd without any compul~ion, constraint, ~ppreyhqtnt' ot faar of or from her ld h b~nd. i { WITNESS my h~nd and offkial ~ael thtt `7 ~ day of A. D.~ 19 ' _ . - : -r • ~ ~ ~ ~ Not~ry Publlc In and for t}» ~ s at L~ry~ ~ ~ ~ . " My Commis~ion ~xpirtu ~ ~ , : Rrtum To: _ Citiuns Ftd~tsl Sarinps i'Loan Assod~Non ~ 04 ~tt.. I.rc1~.Co~rntp ' Ft.~ Pierte, Floride BOOK ~~8 _ 3 J~ ~ ~ . _ ~