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Home My WebLink About2222Q.R.. kA~~~~ - Bt1;:K 3. To puce and continuously keep on ~ now o>~ hl+aaftar a~s»te on said land end crt all equlpmant and personslly ce:ered by this mortg- ega, with all premiums thereon paid In full, snt '~'(t~!t{~((~~{{~~ t' >~~jm, In • sum approved by tfre MORTGAGEE, e.d windsto:•n inwrance in the uwel standard policy (wm, In a's ap~rb•ea`b`j;tf+e 1~a~~, r!n such c,.nµsny or companies as iha MORTGAGEE may • direct and ell lira and windstorm inwrance potides on any of said buildirgb any lntert•st tharein o' part tMreoi, .n IM sggregate sum aforessid or in excess therec, f. shall contain the usual standard mortgagee clause or such other clause as iha Mortgagee may require, making the loss under said poli- cies, oath and every, psyabh to said MOr^.TGAGEE as its interest may appear, •nd each and wmy such policy shall ba prompYy asagnsd end deliver.) to any held by said MORTGAGEE as further security to sold mortgage debt, and, not le» then stn (10) days in advance of iha ax?Irstion of eerh policy, to de- liver to said MORTGAGEE a renewal cheroot. togrtMr with a receipt for the premium. of such renewal; and there shall be no firs or windstorm inw•ance placed on any of raid buildings, any intarost tharein w part thereof, unleu in the form and wick the lost payable as aforesaid; and ~.lrt tRe event any wm of money becomes payable under such policy or policies ssid MORTGAGEE shall have the option to receive and apply the femt on account of the indebted- ness secured hereby or to permit said MORTGAGORS to re~eiva and use It or any part thereof for other purposes, without thereby waiving or unpalr Ing any equity, lien or right under or by virtue of this mortgag:; and in the event paid MORTGAGORS shall for any reason fail to keno the said premises so insured, or fail to deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to psy fully any premium Iheretor or it any respect fail to perform, discharge, execute, effect, complete, comply with end abide by this covenant, or any part hereof, said MORTGAGEE may place ago pay for such insurance pr ary pert thereoF without waiving Or affecting any option, Lien, equity, or right undo w by virtue of this Mortgage, and the full amount of each and every such payment shall bs immediately due and payabte and shell bear interest from the dote thereof until paid at tM rats of ^ine per centum pot annum and together with such intrest shell be secured by the litn of this mortgage. 1. To permit, commit w suffer no waste, impairment w deterioration of ssid property or any part thereof. 5. To ray all and singulsr the costs, charges and expenses, including a reasonable a~'orney's foe and costs of ebstrects of title, lncurrad or paid at any time by said MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge. execute, effect, complete, comply with and abide by oath and every the stipulations, agreements, conditions, and covenants of said promiswry note and this mortgage ary or either, end ssid costs, c~targes and expenses, each and every, shall be immedistely due end payable; whether or not there be notice de- mand, attempt to collect or suit pending; and the full amount of oath and every such payment ahgll bear interest from the date thereof until paid at the rate of nine per centum per annum; end all said costs, charges and expenses incurred or paid, together with such interest, shall be secured by the lien o! this mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in iha event any of raid sums of money herein referred to be not promptly and fully paid within thirty (30) days next after the tame severally become duo and payable, without demand or notice, or (c) in the event each end every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are not fvly, promptly and fully performed, discharged, executed, effected, completed, compiled with and abided by, then in either or any such event the said ag- gregate sum mentioned in raid promissory note then remaining unpaid, with interest eccrutd, end all moneys secured hereby, shall become due and pay- able forthwith, or thereafter, et the option of said MORTGAGEE; as fully end completely as if all of the said turns of money were originally stipulated to be paid on such day, anything in saidpromissory note or In chit Mortgage to iha contrary notwithstanding; and thereupon or thereafter at iha option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured Mreby had matured error to its institution. 7. That in the event !hat e! the beginning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of sny claims hereunder, said MORTGAGEE shall apply to the Court having turisdiction thereof for the appointment of a Receiver, such Court shall ' forthwith appoint a receiver Of said mortgaged property all end singular, including all and singular the income, profits, issues and revenues from whatever source. derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all iha broad and affective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court es an admitted equity and a matter of absolute right to said MORTGAGEE; and without reference to iha adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of raid MORTGAGOR or the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of raid MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully pe+form, discharge, oxecute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and htis mortgage set forth. 9. That in the event the ownership of iha mortgaged premises, or env part thereof, becomes vested in a perwn other than tF.e MORTGAGOR, iha MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage and the debt hereby secured in the acme manner as with Mortgagor without in any way vitiating or discharging rho Mortgagors' liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pert of iha MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt herek~y s~r!r!d given by the MO.o.TGAGEE or its successors or assigns, shall operate to release, discharge, modify change w effect the original liability of the MORTGAGOR herein, either in whole or in Fart. 10. It is specifically agreed that lime is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation sr cured hereby shall ai any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments pf print pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annual post of iha follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carried on the improvemenU situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall frorn time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder aid s~~ch sum sh311 thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Sven sums shill be applied by mortgagee to•anrd the payment of real property taxes, insurance premiums, end mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto sat his hand and seal the day and year first aforesaid. igned, Sealed end del' eyed in the presence of: r _ ~ Seal) al) `~ . (Seal) STATE OF FLORIDA ~ ,,;:'ttllll;lt~ ,- - COUNTY OF St. LT~cie ~ ~ 1;~,`y ~'~~Z'U;r;` Jay A a Byrne '••• ~ ;•a Befwa me personally appeared ~~ ~~ ~ ~ - - ~= ' L i 11 i an Byrne his wife, to ma well 1~R~~ ~er~•ie Jsb the individuals described In and who ex t forego{ instrument, end scknowledged bafon ma that they exsctttl~ ~t~; ys!~s!*1~P51~ therein expresaad. And tM sat ~ ~ ~ ~ ~rne ~ ~ ' t a - : • ~ - wife of tM said - Jag Aa Byrrie - ~ ~ f~Q{~~'m examination by ms taken separate and apart from her said husband, acknowledged to end before ma that sM executed said ~~i'N.: i ..' ., and,~ok~• tartly and without any compulsion, conatrelnf, apprehension, w fear of a from her Bald husband. ~~ij~~r~ ••.....••.'•nr sNiTNE55 my hand and official teal this ~~~~ day of - , /: ttl~n .., Notary lie in an fort tNa of Fbrfda st Large My Commission expires: Return To: first Faderel Savings ~ Loan Association - Of Fort Pierce. Fort Pierce, Florida . { rill •i Y/r.• t~~{~t- NOtdry rTiirltt., State O) Fonda dt (,erg! . •` ~'~',~.: ~. - `C1 s f+1r CefomesiaT- E~cpires Dec. 3, 19b5 .`,. ,,~ o . • ~~ ~ o ~ .,;~~.. ~ ~ 0 DED ~ :ea~.d ~. ,,~.rrr-.~ fi~ . wry ~, - a.~~~6~':~ ~;t,•,.F,~ ~ ~ ~~~ ` -1962 DE ,; `,-,.~ ,'r~l•~;:.T.,..,5 ,•' ~~ ' ST. ~ R POIf AS. Cl£RK- _ _. - - UCIF COUH Y, FLORID ~~