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Home My WebLink About2130 3. To plece and continuously keep on !h? b~~'dln~s now or hereafter s~t~~~•e on s~ld land anQ on rq.~~~~nenr and personally coverQd by thi~ mortc~- p~, with all piemiuma lhereon pa~d in fuil, f~re ins~rante ~n the us~al srandsid po~icy fo~m, in e su~n a;prov2d by the MOR~~~GEE, end windstorm insuronce in th~ usual sr~ndard pol;cy form, in a sum appioved by rhe MQRiGAGEE, in such cott~pany Or cempan~rs as the MORTGAGEE may dirset; •nd all fir~ and windstorm ineurance poiic~ei on any of sa~d buildl~qs, any interesr therein or part thrreof, in the aggregat~ s~m afaesaid or in ~xcea thereof, fhail contain the usual sta:~da~d mor~g~~ee c:'ause er such other clavse as rhe Mortgayee may reyu~re, maki~g the loss under sa~d poli- tief, each •nd every, payable ro seid MORTGAGEE as ~ts i~~erest may appear, and aach and rvery such po!:cy shall be p~omp!!y ess y~~ed and delivered to sny heid by said MpRTGAGEE es further secuiity to sa~d mortgage debt, and, not less ihan ren (i01 dsys i:, advance of the eapirat~on of each policy, to de- liver ro seid MORTGAGEE e renewal thereof, toge~her with a receipt for the premium of wch renewa:; ancl ~here shail br no fire or wir.dstorm insurante plsced on sny of said buildings, any intereat there~n w part thereof, unless in !he form and w~+h the ~ose payable as afore~aid; and in the event any sum of money bacomel pdyable undlt suth poVity or poGc~es said MORTGAGEE shall have rhe option to recaiv~ ~nd app:y the same on account of ihC indebtzd- ness sec~red hereby or to permit said MOR~GAGJRS to receiv,~ and usr it or any pr.rt ti~rr~~of lor o;n~r p~r;~~s.s, .~.'.in-,;~~r ih:~~::~ w:~~~i.,~ cr ~~npa~~- ing any eqviry, lien w right under or by virtue of th~x ~nar'gage; and in the eve~~t sa d MORTGAGORS sha!I far any reason fail to keep ihe said premisrs so ins~red, w fail to d~uve~ promotly any of taid policies of inwranca ro sa~d MORiGAGEE, or fo,I promp!!y to pay fully any premium therefor or in any rospect fail ro psrform, discha~ge, execure, ef~ed, complete, comply wirh and ab~de by th~s cevenant, or any part hrrrof, said h10RTGAGEE may plece and pay for such insurante ot any part thereof without waivi~g or affetting any optipn, lien, equity, or r~ght under or by virtue oi tfiis Mortgage, antJ the fuli amouM of each and every ruch payment shall 6e immediately due and payablr and xha~l bear interest frem the data ehsreol until paid et the rate oi nine per esnWm per annum a~id together with svch interrsr s!+aii be secured by the lien of this mortgage. 4. To permit, tommit or s~ffer no waste, impa~rment or deteriorat~on of sald property or any part thereof. 5. 7o psy al) end singular the tosts, charges and expenses, including a reasonab~e attorney's fee and costs of abstratta of tiNe, incurred or pa~d at dny time by ~aid MOR7GAG:E, ~cause or in the event of tha fallure on the pan of ;he sa~d MOR7GaGOR to duly, promptly and f~ily perform, d~scharge, execute, effett, tomplete, comply with and ab:de by eacn and every the st~pu!atior.s, agrecme:~t;, cand~tions, and cov2nanrs of said promissory note and th~s mortgage eny or eiiher, and aa:d costa, charges and expenses, each and every, shall be immediately due and payab!e; whether or nor rhere bz norke d~ mend, attempt to t611=tt or suit pend~ng; ancl the fult amount oE each and eve: y wch naymeM shall be~r interest from the date thereof until paid at the rate of nine per centum per annu;n; and all sa~d costs, charges and rx:>znses ~rx.vrced or paid, together w~th s~ch interest, shall be setuted by the lien of this mortgaga 6. That (a) in the event of any breach of th~s Mortgage or default an th~ part of the ,4tORTGAGOR, or ~b) in the rvent any of saSd sums of money herein roferred ro be not promptiy and fully paid within th;r4y l30) days nart atter ~he same severaliy :.~ecome due and payable, without demand or notite, or (c) in tha evant each and every the stipulations, agreements, conci~tions and covenants ot sa.d pron~isso~y note and th~s mortgage any or either are no1 ~uly, promFtly and fully performed, discharged, exewred, effecred, compfeted, compl;ed wiih and a6ided 5y, then in either or any such event the said ag~ gregate sum mentioned in taid pronr~ssary note then remaining unpa~d, wirh inrrrest accrued, and a~~ m:;ncys secured hereby, shall become due and pay able fortliwith, or thereafter, at the option of said MORTGkGEE, as fuily arxl comp!etc!y as if ali of fh~• said sums of money were originalty st~p~iated to be pald on such day, anything in sa:d prom~ssory note or in this Mor,gage to ~he con+rary nor.rthsiar,ding; a~d thereupon or thereafter at the option of said MORTGAGEE, wirho::t notice or demand, suit at law or in eq~ity, therefore or thereaiter begun, may be prosecuted as if all moneya securtd here6y had matured pnor ta its institution. 7. Thaf in ihe event that at the beginn~ng o! or at any time pend~~g any s~~f upon th~s Mortgage. or to foreclose it, or to reform it, ot ?o enfarce paynent of any daima hereunder, said MORTGAGEE shall apply to the Court having jurisef~c'ion thereof fur thc ~npe~ntinent of a Receiver, wch Court shail Forfhwith appoint a receiver of said mortgaged propeny al! and singufar, in;tud.ny o!I a~,d aln~ular ti,z i^con,e, pref~ts, iswes and revenues from whate~er aowce derived, eacF and everv of wh~th, ii beino express'y undersiood, is hereby mor:9aged as ~f spec;fical:y set fo~~h and described in ~he granting a~d habendum clauses hereoi, and such Reteiver shali have a;l the br~ad and effecnve f~r,r.ons ar.d po.ti-ers in anyw~se entr~sted by a Court tc+ a Receiver, and wch appointmeni ~hall be made by such Court a: an ad:ni!tcd eq~ity a~id a matrer ei abso;~te right to saicJ fNORTGAGEE, end winc~ut reference to the adeqvacy or inadequacy of the value oi the property morigaged or to the sc:vency er m>o!vency of said MORTGAGOR or the defendants, ar.d that such rent~, profits, intome, issues and revenues shal! be appli~ci 6y wch Receiver accord~ng tv the Ilen or eq~ity of said MORTGAGEE and the practice of wch Court. 9. To duly, promptty and f~~ly perform, di;cnarge, execute, effed, complete, con,ply wlth and ~bide by each and every the stipuia!ions, agreements, conditions and covenants in sa~d premissory note ond th:s mortg~ge set forh. 9. Tha; in the event the ownership of the mortgao~d prer*~ises, or any part tnereof, becomes vested in a person othe; tnan the MQRTGAGOR, the MORTGAGEE, its xuceessors and assigns, may, withoui notice to the ,ti".OFTG~OR, deal with 5uch sutcessor Or S~~LCE'SSOf in interest with raference to This mortgage and the debt hereby secured in the same manncr as w~fh ~/',ortgagor w:thout in any way vinating or dlschs~o;ng th> hiartgagars' liabil~ty here- ~nder or upon the debt hereby secured. No sj':e of the E;remises h_reby mortgagcd ard no forbearaa:ce en the part ei the MORTGAGEE or its suctesson or ass+c~na and no extension of the time for the payn-.ert of ihe d?bt hereby s:<ured given by the !AORTGkGEE cr its successora ar ass;yns, aii3ll operate to release, d~scharge, modify change or affect the o~~g~nal lia~:i~ty of the M,ORTGAGOR heieir„ either in whole or in pan. 1G. It is spedfically agreed rhrt time is of the esse^ce of ;hts .onfracr and ihat r.o waiver of any oolfga?:on hereunder or of the ob!igation sr t~red here6y shall at any time thereafter be heid to 6e a v.•aiver of the ter~ms hereoi c,r of the i~~strumenr szcured herby. 11. fn addrtion to the forago'r.g month!y paym~nts of prir.c pai and inre•csr requ~red by the p~cro sscry r.o~c~ secured herby, mortgagor eovena~ts and agrees to pay to mortgagee vcirh each mon~hiy Fay~.:e~;t an add~~~onal su~n est:,,,~+ed by rnorigagae to 6e equa~ to l, 12 of the annva~ cost of the follow- ing: A-All real prope~ty taxes le•iied or assessed agai~st thc a6ave d~~sc!iFed real es~ate. B-PrPmiurr:s on fire and windste•m Irsurance ~~s herrn requ:red ro be• <arr.cJ cn t!-a .m;:rew~ents s~?vatn on ti~r_ above described premises. C-Premiums on such rnortgage guarantr ~nsurar;~e as mortgaase shali fres: t r~.e !e ri~ne dcem f~t to carry on the loan s^c~~recl hereb/. Morigagee sha!! from time to time nn'~iy mcrt;ag~. In vnit~ng of the ~•~:o.:~t due ar,d payable hereundar o:~d such su~~ srai! th~reupon be due and payable on tne due oate of ihe next month:y pay nen! ar;d e~ch r~~ccessive rn :~~,rh therea't~•r uc~~~ mcrt~agee shal; ne!:fy me~!yagor of a change in such amo~nt. Such sums sFai1 be app!ied by mo•tga~~.e tov+ord !ii^ pa~menS of rea: r~c;;ersy taxes, insurar.te prert;.ums, and mortgage guaranty insurance premiums. IN WITNESS `JJ EOf, the said MORTGAG:~R has hereunto se! h~s h3rd arJ scal the day a~d year first aforesaid. Stgned, Sea{ d d i~ c! in res~nce of: r~ ~ -~~-'j ~ L2L~e.4 Lt~~.d.! (Seal) _ --~-~--°--(Seal) _ ~~$/1~ G~,. i/.eA .6/,.~J (Sea!) _ (Seal) STATE OF FLORIDA S5. CouNtv oF ~t~_j,»~i A I , Before me ,~erwnally appeared _ Ft+n ~ ~a ~1 n fa ~ 1~ R» ~ e e~r1 i+ ar.d J ae nue 1 ine Y,d V~ Rti9 s i9k~..a his wife, to me well known ar.d known to me to be the individuals deacribed in and who executed the foregoing ins~!ument, and acknowtedged before me that they exe<uted the sume for the purpoaee fherein expreased. And the :a~d_ Jg~+avr31 i nR I.eva wife of the aaid _~''r~~ ~a~ t R71fl ~~~S upon a seperate and prrvate ecamination by me taken separate and apart from her sald husband, acknow~edged to and 'oefore me that ahe executed said instr~ment freely and valun- fariiy ans! w~thout any comoulsion, constraint, aoprehens~on, cr fear of or from her said husband. WITtJESS my hand and official seal this 2~~'h day of A. D. 19~j~. , ~ ~ ~ - ~ Notary Pub!ic in and for the State of Fiorida at Lar / , My Comm~asion expires: ~pRGE ~~„y/~~ Return To: ~ t^ c'^,rE 0~ F!OFt1~A 2t _x' ~ First Federol Saving~ d loan Association ' `'`~f' ~9~` Of Fort P~erce. ,~n~~u:~~f ~ . _ - ~ ai~rc's[~M~.t711/~ 4. . ~ ort Pierce Florida ~ _ - . , • ~ ~ a ECOROED 1~,~'- . ~ ~ ~ ~c~~RR~or ~ ~ . 0 0 K • , ~ . ~~•-j. ~ " . r~. _ ~ - - - -,,o. _ CJI/R ~ v H~'1 iO • U ~ , I J ~ i s'" ' ~ - . 1 . ~ ~~j'~,~„~ y°~ ~ . ~ ` ~ f20GEF~ r U;'~ r~AS. CLERK ~~•f ~ 57. LUCIE COUNTY, ~~~K~~~ ~ ~ ~ . ~ FLORiDA r" . ~