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Home My WebLink About0836g~K ~U f'ACE~~4 3. To Fyce and continuocsly keep on the building* repro ,Cr,Ct,,'arP+it1C'` .A`t.dsle,gn,aaid land and on all equipment and poaonally eoversd by shy mortg- age, with all premiums thereon paid in full, fin Intur~r°• iD+fAalui4+lrJf>~t+!'~'~l y form, in a sum apf+roard by me !iORTGAGEE, nsd v.~. -ittorm Luv•ence in the usual standard policy form, in s sum aisproved by IM MORTGAGEE, in w;h company or ~ompaniea n the MORTGAGEE may direct; end all firs end windstorm ir,junnce polities 0.'s any of said buildings, any iM~rest therein or part tfssreof, in IM aggrega+e wm aforesaid o! in excess thereof, shall contain the usual s+andard nrargegee dsusa or such other cleave as tM fY.ortytagea may regvin, making tM loss undo said poli- cies, each and avcry, payable to raid h`tOR1GAGEE as ih intereN-`may appear, and each and awry such policy tMll ba pre+tsp!ly au:gned and deliverod to any held by +aid MORTGAGEE es fu•ther security to Bald rnoregage debt, and, not lea insn ten•~30) days in advaece of rM expires?en of arch policy, to de• Geer to said MORTGAGEE • renewal tharevf, toga+her with a receipt for rho premium of such renawalr and there shall be no fire or windstorm lnwrance placed on sny of raid Ewildingt, sny interest therein a part thsragf, unless In tM form and with tM loss payable as aforesaid; and in the event any sum of money becomes fuyebls under such policy or polic:u said MORTGAGEE shell haw tl`e option to nezive and Ipply tM ssrns on account of tM Indebter~ Hess tecwed hereby or w permit said MORTGAGORS to receive and use it a any part thereof for other purposes, without thereby wa{.ing or unpair- ing any equity, lion or rif'.t under or by virtw of shy mwtgager and In tM eve•+t said MORTGAGORS atoll for any reason bil to keep tM aid premises w insured, or fail to deliver promptly any of said policies of Insurance to said MOP.TGr'iGEE, or fail promptly to pay fully any premium therefor or in any respect fail to perform, discharge, sxecuto, affect, cornptets, comply with and abide by shy covenant, or any part hereof, a41id MORTGAGEE may plate and pay for wch inwrence or any put therwf without waiving cr af(ectirsg any option, Ilse, equity, or right undo w by v'utw of shy Mortgage, and tM full amount of each end Avery wch payment shall be imrnsdiately des and payable and atoll beer inbrest from the data +hueof until paid ai 1M rate of nine par cerium per annum end together with such interest shell be secured by fM lion of thin mortgagt. 1. To permit, commi- a wffer no waste, impairment a dcteroration of said c+roptrty a ony part tMreof. , 5. To pay ell end singulu the cosh, charges and expanses, including a reasonable attwmey's fve end cosh of abstracts of title, Incurred or paid at any time by said MORTGAGEE, because a In tM event of the failure on the part of she said MORTGAGOR to duly, promptly and fully perform, drscherga, execute, effcd, complete, comply with and abide by each snd every the sNpuleions, sgreemants, condlttona, and coroner's of utd promissory note and this mortgage any or either, snd said coats, charges and expanses, each and every, atoll ba immediately due and payable; wMther w not there be nOtiCt de- mand, attempt to collect or w,t pending; and IM full amount of each and ws,ry such payment atoll boar Inrerat from tM dots therwf until paid ai tM rare of nine per centurn per annum; and all said cosh, cMrges and expero.s incurred o. paid, together with such Interest, sM'I be secured by tM lien of skis mortgage. , 6. That (aj in tM event of any breach of shy Matgaga or delwlt on 1M pert of tM MORTGAGOR, a (b) In IM event any of said avast of moray herelr, referred to be not pro..rptly and fully paid within thirty (30) days next altar tF,e tams severally betome dva and payable, without demand or notice, or (c) In the avant each end ovary the Uipuletionb agrs+rents, conditions end covsnents of said promssory rota and this mortgage any or litMr are not duly, promptly and fully performed, discharged, executed, affected, completed, rompliad with and ab:dsd by, than Fn eift»r or any such avatar 1M said age gregare sum mentiontd in raid promissory Hots then remaining unpaid, with interest accrued, and Ali moneys secured hereby, shall become des and pay able forth•rvith, or thereafter, st the option of raid MORTGAGEE, as fully and completely as if all of the said sums of money ware originally stipulated to be paid on such day, anything in said promistary repro or in this Mortgage to the contrary notwithstandingt and thereupon w thereafter at tM option of sa%d MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosacutad as if all morays secured Mreby had matured prior tc its institution. 7. That in the event that at the beginning of or at any lima pending any suit upon this Mortgage, a to foreclote It, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the sppointment of a Receiver, such Court shall forthwith appoint a receive of said mortgaged property all and singular, Including all end singulu tM income, profits, iswes and revenues from •.vhetever scarce derived, each and every of v:hich, ii being expressly understood, is Mreby matgsged s;t if apKiiical!y set forth and desuibed in the granting and habendum clauses hereof, and wch Reviver shell Mve all tM broad end effettiva functions acct powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court es en admitted equity and • matter of absolute right to raid MORTGAGEE, and without rafarente to tM adequacy or inadequacy of thr value of the property mortgaged or to iha sotverscy w insolvency of said MORTGAGOR or 1M defendants, end that such rents, profits, income, i:sues and revenues shall be applied by such Receiver according to tM lien or equity of said MORTGAGEE and tM prsctice of such Court. 8. To duly, promptly and fully perform, discharge, execute, affect, complete, comply with and abide by each snd ovary 1M stipulations, sgreements, conditions and covenants in said promissory note and this mortgage set froth. 9. That in the even! the cw•nershtp of the mortgsged premises, or any part thereof, becomes vested )n a person other than tM MORTGAGOR, tM h'•ORTGAGEE, its successors and suignt, may, without notice to 1M MORTGAOR, deal with such successes or wcceasor in interest with rafeence to this mortgage and the debt hereby secured in the same manner at with Mo'tgsgor without {n any way vitiating or discharging iha Mortgagori Ilabllity here- under or upon the debt hereby secured. No sole of the premises heresy mortgaged tnd no forbasrarxe on the part of the MORTGAGEE or Its successort or assigns and no extension of the time for 1M payment of tht debt hereby secured given by the MORTGAGEE or its wccetsors or sstrgm, shall operate to release, discharge, modify change or effect the original ':ability of Iha MORTGAGOR Mrein, either in wMle or in part. 10. It is specifically sgreed that time is of the essence of This contract end that no waiver of any obl{flation hereunder or of 1M obligation se- cured hereby shall et any time thereafter be F,sld to be a waiver of the terms Mre•of or of the instrument secured herby. 11. In addition to the foregoing monthly payments of grin[ gel any interest required by the promissory note secured hereby, mortgagor covenanri and agrees to p'y to mortgagee with each monthly payment an additional sum cUimated by mortg.gee to be equal l0 1/iZ of the annual cost of the follow- ing. A-All real property taxes levied or estassed against the above described real esters. 8-Premiums on fire and windstorm insursnce as herein required to be carried on the improvemenh situate on IM above described premises. C-Premiums on such mortgage guaranty Insurarxe as mortgagee shall from time to time dcem fit to carry on iha loon avcured hereby. Mortgage shall from time to time notify mortgagor in writing of tM amount dos and payable hereunder and such sum shell thereupon be due and payable on the due date of the next monthly payment and each success:ve month thereafter until mortgagee shall notify nwrtgagor of a change in such amount. Such sums shall be applied by mortgagee toward site payment of real property taxes, Insvranu premiums, and mortgage guaranty insurenca pre~prvms. I!: Y~ITNE55 WHEREOF, the said MORTGAGOR hoe hereunto set hit hand and teal the day and year first aforesaid. ~gn d, S led rid deliv in tM presencrr oft Q ~ ~ ~, y .~C.,Q'c~`+'c"_~ (Saes Seaij _ (Seal) - -• (Seaq STATE OF FLORIDA - i IT 55. COUNTY OF St I, 1C~- Before mo personally appeared rJQRE~]h M Mn1 nAr and ~TA1 an Mtn. nsa~, -hit wife, tc ms well known and known to m• to be the individwy described In and who executed tM foregoing instrument, and acknowledgtd before rise that tMy executed she same for tM purposes therein expressed. And 1M said-- H A 1 H n ton 1 ri R r - wiFs of the sold ~ °° ~3-M-, ~a.1.A.~r _ upon a separate and private examination by ms token aeparata and apart from her said husband, acknowledged to and before ins that the executed said instrument freely and volun- tarily end without any compulsion, constraint, apprehsnaion, or fear of w iron Mr acid husband. WITNESS my hand and official teal this- ~ ~tYL day of " A. D. 19_~ Notary Vu c !n and for tM State of Florida of large My C^mmistlon expires: Return To: First Federal Savings f: loan Association Notary F Ubl.r, State of fl0r;da ~t Large My Cornmiss on Exl, res F: ;trrh 1 1, 1966 Of Fort Pierce. E3onded by kmerican Surd:(y Co. of fl. Y. fort Pierce, Florida t "r i '~~ r ' ~' ' ~,;.:~,,a,..,, - ~~ ,: `i..= ~ '~ . ~r _ -- •~~` tar '~~~M-s>+ ~~~ W `\~~ .~ { II FtOG~R PpITRASr ~lERIt ..~~•~,~-. ~:~ ~ <,~ ; ~ •~.: - S1. IUCiE COUP 1', IDA ~ ~~;.: /-•'~#,..,-~ ~ ~~ ; _~ , ., „ ..• - ~~~ ~1 ~ ~ Y~ i-w ~iG of F- a