The URL can be used to link to this page

Home My WebLink About10748001( 2 475 ~. To place end continuously keep on tF+a bulldir-gs rtow a hareaftar sFtuah or- raid larw sga, with all premiums thereon paid in full, lira irtsuranca in the uswl standard policy form insurance in the usual standard policy fpm, in a wm approved by tM MORT6AGEE, in direst; end all fire and windstorm insurance policfas on any of said buildings, arty Intat in excess thereof, shall contain the usual standard mortgagee clwsa or such other clause as ties, each and every, payable to said MORTGAGEE as its interest may appear, and each and r any held by said MORTGAGEE as further security to said mortgage debt, and, not less tMn ten liver to said MORTGAGEE a renewal thereof, together with a receipt for the premium_of such placed on any of said buildings, any interest therein a part thereof, unless In the form and ~ of nwney becomes payable under such policy w polrcras satd MORTGAGEE shall have the optic Hess secured hereby a to permit said MORTGAGORS fo receive and use it a any part there< ing any equity, lien u right under or by virtue of this mortgage; and in the event said MORTG insured, or fail to deliver promptly any of said policies of insurance to said MORTGAGEE, o respect fait to perfwm, discharge, execute, effect, complete, comply with and abide by this ci pay fa such insurance or any part thereof without waiving or affecting any option, lien, eq full smount of each and every such payment sMll ba immediately dw and payable and sMll ^.ine per centvm per annum and together with such interest shall lre secured by iM lien of this r Tr .,'rr..p._ !o•r.mtr rv suffer no waste. iimpairmatt Or detariuatlon of said property a 5. To .p.y all and singular the cats, charges and expenus, includirp a reasonable efts any time by said MORTGAGEE, I,ecaute of in the avant of tf.. failure i+n the part of the said E,~Kvie, effect, template, comely with and abid. by each and wary tFta etipulaYtons, agreamer mortgage any or either, and said costs, charges and expenses, each and every, shall ba imma mend, attempt to collect or wit pending: and the full amourtt of rich and awry such payntt rate of nine per cent~m per annum; and all said costs, charges end expenses incurred M paid, t tnwtgage. 6. That (a) in the event of any breach of this Mortgsge a default on the part of the M herein referred to be not promptly and fully paid within thirty (30) days next after the same or (c) in the event each and every the stipulations, agreements, conditions and covenants of si iuly, promptly and fully performed, discharged, executed, effected, completed, complied with , gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, able forthwith, a thereafter, at the option of said MORTGAGEE, ss fully and completely as to k>e paid on such day, anything in said promissory note or in this Mortgage to the contrary said MORTGAGEE, without notice or demand, suit at law or in equity, therefore a therea(te had matured pnor to its institution. 7. That in the event that at the beginning of or 'at any time pending any suit upon tl payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdict forthwith at•I oint a receiver of slid mortgaged property all and singular, including al! and sin source deri.•• d, c•.,ch and every of which, it Ixing expressly understood, is hereby matgager hahendum causes hereof, and such Receiver shall have all the broad and efittGve functions a x dr al,po6.1~~ . ~,t >~,all be made by auzh f^•rrt as an admitted equity end a matter of absolul adequacy or inad.•quacy o1 the value of the property mortgaged or to the solvency or insole rams, profits, income, issues and revenues shall be applied by such Receiver according to tf 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply w conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, k MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with mo-tga.tc and the debt hereby secured in the same manner as with Mortgagor vrithout in any under or u~.~n the d.•bt hereby secured. No sale of the premises hereby mortgaged and no or assigns a..d no extension of the time for the payment of the debt hereby secured given 1 to release, dacharge, modify change or affect the original liability of the MORTGAGOR her 10. It is specifically agreed that time is of the essence of this contract and that r cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of t I'~! ~':IfNE;S WHEREOF, the said MORTGAGOR has hereunto set•hia hand and seal the Signed, Sealed and delivered in the presence of: - - ~ _ t --~- -- _ ~ . ~i ' --- - _ ~• STATE OF FLORIDA SAint T,T]CiP, I SS• COUNTY OF . ------ Before me personally appeared _ _ __ ?'F:~r~n a .eman the individuals described in and who executed the foregoing instrument, and ~kno~lsd5 therein expressed. And the said 11 ~'1 eman wife of the said - - --- -- --- examination by me taken separate and apart from her said husband, acknowledged to and tarily and without any compulsion, constraint, apprehension, or tear of or from her said ku V 1 :' WITNESS my hand and official seal this_ _ _ day of Return To: First Federal Savings b Loan AssociaYan (~, ~ '~'' `'' ` ' ' ~ ~ r O; Fort Pierce. ~ - Fort Fierce, Florida • FI!.~ ~' •~~~'~ ~.ECCR' ~_.. . ~: .. ' . ,''" • - ., - ;,•'• ~:. ! 'CIE COUNTY. Fly :l i ._ ~.: