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HomeMy WebLinkAbout2681e ~K 28 PACE550 now a hettefat sIfWN on oriel Itrtd end on all pulprMnt and personally covered by this mortg• ~. To plan and canliriVatMly keep On the bstlkWtgs M • sum approved by tM MORTGAGEE. and windstorm age, with ell premiums rMreon paid N fu16 fire Itrurenoe in tM tlsuel ganders polky form. or companla a rM MORTGAGEE may Insurance In iM wort aendard pdity fortis, M a sure epprovtd by the MORTGAGEE, h arch tanp+nY dirndl end all fke and windstorm Mrwend pdklea an any of Hid bulldenga, enY InNrat thereto a p~rtY M~b. ~ tM aloes under aid pdt• In exceu thereof, 3ha11 contain tM srswl standard mttrtgspee clause a such aher clause es IM Mortgagee sod each end every wch polky atoll be promptly easigMd and delivered ro tins. each and every. payable ro said MORTGAGEE w its ktitreat ~'~ Its then ten (10) d+ri h advance of tM expirNion of each policy. to de• any MW by said MORTGAGEE as further setwity ro aW matgepe liver to said MORTGAGEE • renewal thereof, together with a redipl fa IM prsmiwn of such reMwal: and there shall M ro fire or windstorm inaurand placed on any of saW bulld'inga, any interest therein a part thereof, unless In tM torm end with tM lou peYable as aforesaid: and In tM event any sum of rtaMY becomes a+yabk undo such poliq a policies said MORTGAGEE atoll Mw tM ~ pf tfor otMr purples twirhout ,MrabY wtaoff M indab~ed• neu secured Mreby a ro permit aid MORTGAGORS ro redM end use It a any peA t any puny. lien a r(pht voider a by vlrtw of thb mtsrtgege! end N Art event eeid MORTGAGORS shall far any reason fall ro keep tM aid pemlas a tenured, a fail ro deliver promptly any of aid policies of Inwrerice ro saW MORTGAGEE, a fall promptly ro MY fully any pren+lum rherefa or In any respad fell ro perform. discherge, execute. effect, t:ompleN, cortwM with and abide by this covenant, a any part hereof, aid MORTGAGEE may plod and pay for such Inawance a any part thereof without waMkq a affeding any optbn, INn, putty. or right under a by vlrtw of this Mortgage, end tM full amount of each and awry such paYmant atoll be in+nwdlarely dw and payable oriel shall boar Interest from tM date thereof until paid at tM rate of nine per centum per errrwm and together with such Mterat shall M secured by tM lier-.of thN rrtorpape. 1. To permit, commit a suffer ra waste, irnps4ment or deterioration of old property a any pwt tMraof. S. To pay dl end singular tM costs, charges and expenas, including • reasoMble attorney's (N and opals of abstracts of title, Incurred a paid er any lima by aid MORTGAGEE. becawe err in tM ewrtt of rM hilwe on tM part of tM aid MORTGAGOR ro duly. Promptly and fully perform. dist},argw execute, effeil, complete, canPlll with and abide by each and every tM atipulat~ ~ r~ tsetely dw and payablet+wMther a noot there be notid dr mortgage arry a either, and aid vests. charges and expenas, tech and every, M slsctl bear tntareat from tM dais tMreof until Pod at tM nand, attempt to celled a wit paedingt and tM full amount of each and awry such WYTe titer wBh wry Interest, atoll be secured by tM Ilan of thin rate of niM per centum per erurwn; and all aid costa, cherges and expenses incwted a paid. tope mortgage. 6. That (a1 in tM event of any breech of thb Mortgage a dtfwM on tM part of the MORTGAGOR, a lb) In tM event enY of aid wens of money herein referred to be rat promptly end fully paid within thirty CdW days Mxt after tM sarM averally bacoerte clue and P+Yable, without demand or notid, or (c) in the ewM each and every 1M stipulatiorrts, egreseMnts, catditans and oovenenH of aid promissory note and this mortgage enY or either +re rent Tuly, promptly and fully performed, dixharged. executed, effected, compkted, complied with and abided by, then in either a soy such event tM aid erg gregate sum mentioned in said promissory rate then remaining unpaid. with Interest accrued, and ell moneys secured Mreby, shall becomeve std 1 led able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of tM aid sums of money were oriq N Pu to be pa;d oh wch day. anything in sa;d promissory Mte a in this Mortgage fo tM contrary notwithstanding: and~eher ~ a a1Mre~eaYsasecured hereby said MORTGAGEE, without ratite or demand, suit at law a in puny, therefore a thereafter begun, may be pr had matured prior to its institution. 7. That in tM event that at the beginning of a at any tune pending any wit upon this Mortgage, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to tM Court Mvirg jwisdiction thereof fa the spopoii t~ves andRrevenuess Iron whatelver forthwith appoint a receiver of said rrartgaged property all and singular, indudirg all and singular the income, P source derived, each and every of which, it being expreuly understood, is hereby mortgsged as if specifically set forth and desuibed in the granting and habendum clauses hereof, end such Receiver atoll haw all the broad and effective functions end powers in anywise entrua-ed by a Court to a Receiver, and such appointment shall be made bl such Court as an a~i;ted~ ~ a ~ whit~Y°or a nssollvencY of aid MOR GAGOR Eor thre defendantse and thatosuch adpuaq or inadequscy of 1M valve of the property 9a9 t of said MORTGAGEE and tM prailiu of such rents, profits, income, issues artd~ revenues sMll be eppl'ted by such Reviver according to tM I'ten a equ'hr Court. with end abide by each end ovary 1M stipsrleYtons, agreemenn, g. To duly, promptly and fully perform, diathsrge, axecutt, effeil, complete. comply conditions end covenants in said promissory note end this mortgage at forth. 9. That in the event the ownership of tM mortgaged premises, a any pert thereof, becomes vested in a person other than tM MORTGAGOR, tM MORTGAGEE, its wccessws and assigns, may, without notice to 1M MORTGAOR, deal with such su~i,tsor creel scharging the eMor-gtsgorifel abilityohere- mortgsge and the debt hereby secured in the same manner es with Mortgagor without in any way n9 under a upon the debt hereby secured. No ale of tM premiere hereby mortgaged end no forbeerence on tM part of tM MORTGAGEE a its successors or assgns and ra extension of the time for tM payment of tM debt-heretry.secured given by tM MORTGAGEE a its successon'or assigns, sMll operate ro rekaa, discharge, modify change or affect tM original Nobility of tM MORTGAGOR Mrein, either in whole a in part. 10. It is specifically agreed that tirM h of 1M essence of this contrail and that no Waiver of any obligatan hereunder or of tM obl'tgaYan se- cured hereby sMll at any Yrne thereafter be held to be a waiver of tM terms hereof or of tM irrstrumsnt secured Mrby. er first aforesaid. IN Y/ITNESS WHEREOF, the said MORTGAGOR Ms hereunto at hii hand and era) the day ~ned, clod ens delivered in a oven of: `.'~ Zc, - ~ ~~ tali /man STATE OF FLORIDA l couNTy ~ St Lucie ` SS. i~.a~ Befue one personally appeared ~BT<`'if >~ ` gg'1 1 his wife, to me well knotvQ`~ before me tMt they execwed ~ . 1M individuals described in and veto exetaAed tM forrtgslltg ~nun•^t• and •~^Owkdged ~'>*; therein expressed. And tM y~ wife of tM aid ro and before rove Chet sM exacutad aid (astM examinaYan by rM taken seperafe and apart fraw her old husband, aeketawledged ~ fear of a from hes.{aid huabstd. ~. r tufty and withwt any caertputs..en. constraint, apprelwns' (~ •. ~~ ~~~' w A / ~ WITNESS my Mnd and official oral t)tle~` day of~~~ ~ / - - ~ D /~ ~ Return To: First Federal Savings i Loon MaotiaYron OI Fort Piers. Fart Pierce, Florida . 1~236~ ~ AH ~~ ~001C ~1 ~ 3fl PM 3.26 1961 ER pp~tR1SF~pA RAG OUN~ ~~ $~. ~UCIE C Q- ~~~ ~ MyMCotnrtisaien •'cpke~olan! ':. - f . ..f' F~~"'d0 at Large MY cc'" .o.'. _. 1965 goaded it . - .. ~~. ~ty Co. of Pi. Y. ~ : 1~ • ,, _ ~ s;:~ i~~Y: ~v - 3 J _,'r, . , . r.,. •,,~, .. . c ~(, V. ..rrt..,m„t,~ ` f j