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Home My WebLink About0154 3. To place and continuouily keap on rhe bui!dings now or hereafter ~ifuate on aa~d land -ond on all ryui~mer.t end persona!ly covered by this n+ortg ~g~, with ell premivm~ thereon pa~d in fufl, fire ~nsv~ance in the w~al standard polity fo~m, in a sum approved by rhe MURiGAGEE, and windsrorm insurance in tha us~~l ftandard pol~ty form, in a sum epproved by the MORTGAGEE, in such compa~y or companies as the MORTGIiGEE may dirrrct; +nd all fir •nd windstorm in~u~bnce policies on any of ssid build~ngs, any inte~net therein or pan thereof, in the aggregste •um afo~eseid or i~ exctss thereo , s a, can a n t e u~ua s an ar mortgaqee clause or such other clause as the Mortqagae may requiro, making tho loss under eaid pulF~ cts~, euh and every, payable to ~~id MURTGAGEE as its interest may appeer, and each end every such policy ~hall be promptly ass gned end delivered ~o •ny held by said MORTGAGEE as further aecurity to aaid ~nortgage debt, and, not lea~ than ten (101 days in adva~ce ol the expiratiun of each policy, to da liwt ta ~aid MORiGAGEE e renewal thareof, together with e reteipt for thr p~emium of tuch renewal; and there shall be no f~re or wi,zdsto~m ins~rance plat~d on ar.y of said buildingf, any interest tho~ein or part thereof, unless in the form snd with the lou peyabie as eforesaid; and in the event any ~um of money become~ payable under wch policy or polkies said MORTGAGEE shall have the opt~on to receive and apply ffie same on account of the indebted- nets sacured hereby or ro pcrmit said MORTGAGORS ro reteive and ~se it or eny parr the:eof tur oti,rr ~~urposcs, v+;iho~t thr<<b~ w.~~~in~ cr ~n,po~r- iry any equity, lien a right under or by virtue of this mortgage; snd in the event said MORTGAGORS shall for any reason fail !o keep the said premises ao imured, w fail to deliver promptly a~y of said polic+es of inwrante to said MORTGAGEE, or fait promptfy to pay fully eny prernwm therefor or in any re~pecf fail to perfwm, discharge, execure, effect, c~~plete, comply with end abide by thii covenan~, or any part hereof, said MGRTGAGEE may place and pay fw tuth inaurance or •ny part theroof without waiving or aftecting any option, lien, equity, or right under or by viitue of th~i Mortgage, and the fu~l amount of each and every such payment shall be immediateiy due and payable and shell baar interest from the dete thereol until paid at the rate ol nins per centum pe~ an~urn and toqether wish auch interest shall be secured by tha lien ef this mort9age. : 4. To psrmit, commit w suffer no wa~te, impair:nent or deterioration of said propefty w any part thereof. 5. To pay all and s~nquler the costs, charges end exprnses, indJding a reasoneble attorney's fee and costs of abstracta of titie, incurred or paid at any fime by uid MORTGAGEE, betause or in the cvenf of the failura on the part of the said MORTGAGOR to duly, promptly a~d fully perforir., discharge, exrcute, efietl, tom~Iete, comply with and ab;de by each and e~ery the stipulations, agreementa, con~?itiona, end covenents of seid promissory note and this mortgage any or eirher, and sa~d costs, charges and expenses, eacn and every, shall be immedialely due and payable; whether or not there be notice de~ mand, attempt Fo co:lect or suit pend~ng; and Ihe full amount of each and every wch payment shall bear intareat from ~he dafe thereof until pa~d at the rate of n~ne per cenrum ~er annum; and all said costs, charges and expenses inturred or puid, together with such interest, ihatl be secured by the lien of th~ti mortgege. 6. That (e) in the event of a~y breach a.` this Mortgage or d~faulr on the part af ihe MORTGAGOR, or (b) in thc event sny of setd sums of money herein rafe+red to bs not promprly end fully paid within th~rly t30) days next afrer iha same sevrra!ly becoma due and payable, without demand nr notice, ~ or (t) in tha event sach and every the stipu~ations, agreements, conditions and covenants of sa~d promissory note and th~a mortgage any or either are not iuly, promptly and f~lly performed, d~scharged, exec~ted, efiected, completed, complird with and ahiaeri tiy, then in either or eny such event the eaid ag• pregate :um memioned in seid promissory note then remaining ~npaid, with interest atcrued, end atl rrtoney~ aecured hereby, shall become due ar.d pay eble fo:thwith, or lhereafter, at the eption af sa~d MORTGAGEE, as fully and completely as if all of the said aums of money were originally st~puiated to be paid on s~ch d~y, anything in sa:d promissory note or in this Mortgage to the controry notwirhstanding; and thereupon or thereafter at the option of said MORTGAGEE, w~thout notice or demand, suit at law or in equily, therefore or ihereafrar begun, may be prosecuted as if all moneys securrd hereby had matured pr~or to its instirurion. 7. That in the event that at the beginn~r.g of or at a~y time pending any avit upon this Mortgage, or to foreclose it, or to reform it, or to enforce pdymC~t of dny C~aims hrrpund?r, seid MORTGRIGFK Sha?~ wy,~y ro tho ~pi~.t h~v~ng ;~~r~sd~ctipn tF..~reof fc.r the anpa~ntmem of a Receiver, wch Court shall forthwith appoint e receiver of said mortgaged property alj~and sin~u~ar, includ~ng all and e~ngular the income, profits, isaves and revenues from whatever wurce derived, each and every of which, it being expressty ~ndersiood, is hereby morrgaged as ;f spec;fical;y sat forth and described i~ the granting and ~ habendum clauses hereof, and wch Receiver shall F.ave all the b;oad and effective furct!or.s and powers in anywise entrusted by a Co~~t to a Recriver, and such appointment ~hall be made by such Courr as an admitted equity and a marter of absolute r~ght to said MORiGAGEE, and without teference to the adequacy or inadequacy of the val~e of the property mortgagrd or to the so~.vency or insotvency of sa-d MORTGAGOR ar the deEendan», and that such rents, profits, income, issuzs and revenuea shall be applieci by such Receiver eccord~ng to the lien or equity of said MORTGAGEE and the proctite of such Court. . 8. 1o duly, premptly and fully perform, discha~ge, execute, effect, comp~ete, comply w~th and abide by each and every the atipulations, agreemen!s, corditions and c~venenrs in sa~d prom~ssory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgagcd premises, or any part ihereof, cecomes vested ir. e person other than the MORTGAGGR, the MORTGAGEE, its wccessors ar.d assigns, may, wirho~t notice to the MORTGAOR, deal w~th such successor or successor in interest with referente ro this morigage and the debt hereby secured in rhe same manner as wiih Mortgagor without in any way vit;ating or d~scharg~ng the ~horiqago:s' liability here- urder or ~~pon the debt hereby secured. No sa,~ o{ the prem~ses hereby mortgaged and no fo~bearan~p on the pari of the MORTGAGEE or its successors or ass:gns and no exte~sion of the time for the payment of the debt hereby secured g~ven by the MGRiGAGEE o~ its successors or ass:gns, ahall operate to release, d:scharge, modify change or affect the orig~nal liaol~~ty of the MORTGAGOR here~n, either in whole or in part. 10. It is snec~fically agreed that time is of the es:ar.ce of this contracr and that no waiver of any obliyation hereunder or of the obligation se- c~red hereby shall at any time thereafter be held to be a waive~ ef the terma hereo4 or of the instrument se:v~ed herby. 11. In add.tio? to ihe fcrego~ng mon!h'y payments of E;ri^c pal ar.d imerest required by the prom~sscry no~e secured h~reb/, mortgagor covenants and agrees ro pay to rr.ortgagee ~vieh each monthiy payrnent an add~~ional s~m cs? ~•.ated by mortyagee to be equal to 1; 12 of the arnual cost cf ihe follov.~- ing: A-All real property taxzs lev:ed or assessed agai•,st thc ahove des:~~bed real estare. 8-Prem~ums on fire and windsro-m insuracce as here~n req~~~red to be carried on the ~mproveme~ts s:tuate en the a~ove d~scribed premises. ~ C-Premi~res on such mortgaqe g~aranty irsvracce as mertgagee shai! from ;:me to tirr,e deem fit to carry on the loan secured hereby. Mcr;gagee snal! from time to time notify mcrtgager ~n writmg of the amo~ot due and payable hereunder and such suai shal! t~reupon be due and payab~e on tne due da!e of thz next morethiy pzyment and eacn successive month tV~ereafrcr uctil mortgagee shall notify rtgag 4 a change in such ame~nt. Such sums shall be applied 'by mortgagee toward ihe payment of reel property taxes insur e prem~ums, d m~rt ge c~~~ranty insorance premiuma. IN VJITNESS W REOF, the sa' M R AGGR has hereu~to set his hand and seal t' day a y ar f' t afor sa' . ~ , Seale nd deli h entt oi: b ~ Seai) I i' _ a~) ' (Seal) ~ (Seal) ~ SiATE Cf FLORIDA ~ COUNTY OF S t. LU C~ 8 ~ Before me personally app?ared An~nP.W J~ i~1'1~f'O~t ~ ~ and i 1 F±~±r~ iC ~ I. i~}, f n(y~ h~s wite, to m~ weli known and known to me to be the individuals described in ard who executed"the foregaing instrument, a~d acknowledged before me that they executed the same for the purpoaes the.°ein expressed. And the said E i 1 e e n K L; nht f n ot Andrew . L~. ~'~'1~ f OOt. _ v on a ae arate and nvete w~fe of the a+~id P P examination by me taken separaie and apart from her said huaband, acknowledged to and before me tha! she executed said in~trument Sreely end volun• tarily and wlthout any comp~!sion, wns+raint, apprehens:on, or tear of o; from her said husband. WITNE55 my hand and official seal tnis~ 1 s t_ _ day of ~ay ~ A. D. 19 6~ ~ Notary Public in and for the Sta of F~yqq~~~ ~jT Large My Cammission expiFes: j/~'~ ~~G ~J Retum To: r++r~- „ ~ , _tF~!'f?IDA lIIR'C, First Fedzral 5avings b Loan Associa!;on F."'f • _ , . . 23, 196~3 Qf Fort Pierte. ' ~ : , ~ _ ~ . . _ . ~ .._STELHGRST Fort Pierce, F!o~ida ~ . ~ FI ANO RECOFtDED 'N ' BdOK _ . ~•l IM11 ~ ~ • _~.f _ o - . ~y'G-~-LGC..~ - . ~ . ^;,'.p?,~~~.~1,~•. ~ '65 MA~ i? PM 3 ' S~ . . . . {-w"- ~v;;• ~.v .e-1`a',`)~ . ~ ROGEi~ POt~T~iAS • , ` ~ ' . CLERK ~ = ST. lUC1E COUNTY, n R A ~c~J~G Ft*3!~'it3~ . 800K 1~.~ _ '~~ld - ~ _