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Home My WebLink About0219 3. 7o pl~c~ and ca+tinuously k~ep an the bu~!dings now o~ heraafrar s~tve~e on seid !ond a~:d on a:i aq~~pmant e~d prrsonally covtred by tht~ mtWt~ p~, with ~11 pr~mium.i tha~on paid in full, fire insurence i~ tha uwaf etandard poticy Form, in a sum approved by the MORiuRGFE, windstorm irqur~nt~ in iM uswl itandard policy iwm, in s w.h approved by the AkQRTvAGEE, such com~any ur companiet as 9he MORTGAGEE may di?~tij Mtd all, 4'u~ snd windstqrm inwtant~ polic~~a on eny bf said lwi~d~nps, my Intere~t the+ain or part thereof, in the sygrcqete ium ~forswid or In accea fhe~~of, tha~l w~+Nin tl~r usuai at~nda~d matga9te clause or }uch other daws at the Mortqagee msy require, making the Iwi under tsid polF [i~a, ~acb and eve~y, payabl~ tp said MORTGAGEE a~ i?s interesf may ~ppsar, ~nd esth snd every wch polity ~hali be promptly a~s y~ed and dtlivared fo ~ny !?~Id by sa~d MORTGAGEF ai fu~that taturity to uid mnrtgage debt, and, not le~f then tan {10) deys in advance af the expiratian oi eath po:ity, to dr liwr to ~aid MURTGAGEE ~ nnsw~l tF~nwf, roq~thsr wirh s rece~pt for the pramium of ~uch renewal; and iherc :hall t~e no f~re or wi~~dsro~rn inwr+nce plx+d oe ~ny of said b~i~ngs, any inferqt Nxre~n w part thereof, untru in tfie form snd wnh !h~ Iwa payable ss aforesaid; and in the ~wnt sny sum of rtwnty becom~s pry~bl~ undar such policy w policies said MORTGAGEE shall haw tM optipn fo receive and apply the aame on attounl of the indebrrd- n~p secur~ h~reby Or ro permit said MORTGAfiORS to receive and use it w any part thereot for o:hcr p~rposes, w~tlro~t thar~up wairin~ or ~mpa~:- by any puity, lien a riqht under ur by virtua of thi~ mo::9age; end in the wenl teid MORTGAGpRS thall for eny reawn fait to keep the said premiaea ~o k~wred, w f~il b dafivo? promptty a~y of said po!icies of inaurance to said MORiGAGEE, or (ail aromptly to pay fully a~y p~err~i~m therefw u in any rMpKt fail fo p~r4wm, distharg~, ~xecvte, sffect, tomplete, cemply with artd abida by thi~ covenant, or eny part hareof, said Ai10RTGA(3EE may plscr and pay fw such inwrancr or ~ny pan thereof without waiviny or affectiny my option, lien, aquity, or right under or by virtw of thi~ Mortg~ye, snd the fui) amaunt of ~ath snd ew+y wth payment fhall be immedi~tely due and p~ysble ~nd shall bear interett fivm the dsta thtrcof ~ntil paid et the rats of nint pwr cMtum pQr annu~n and together with suth interoit shal! be secured by tfie lien of this mwtgage. 4. Te p~rmit, oommtt ot suHer no waste, impairment or deterioration of said preperty or a~y part therro4. S. To pay ~ll and singular ths coari, chargd and oxpenses, includinq a reasonable attorney'~ fee and cosfs vf abstratt~ of title, incu~red or paid at - any time by faid MORTGAGEE, betause a in the event of the failure on tiu part ot the said MORTGAGOR to duty, prompt~y a~d fu~ly pertam, d~uherge. ~xecute, etfect, complet~, compfy w~th and sbfde by eacfi a~d every the stipulatians, agreements, conditio~s, snd cove~anrs of ia~d promissory note and th~~ mwtyaye sny d either, and said coats, tharges and eapensea, each and every, shs{I be immediately due and payabie; whether or not there be notice d~ mand, attempt to to!{ect or suit prnd~ng; ~nd the fuil amount of each a~d every such payment shall bear intereal from fhz da~e thereof until paid at the ' rafe af nine per centum per annum; and all seid costs, charges and exp~nses incurred or paid, tagather with such interest, ~hall be secured by the iien of thi~ mwt4+y~. 6. That (a) ir+ tha event of a~y breach of this hlortga~e or defau!t on the part of the MQRTGAvOR, or (b) in the event eny of sa~d sums of money herein referred to be not promptly and fully paid within thirty (30) daye next after the same severo!ty become due and payabie, without rlemand or notice, or (cJ in the ev~nt eath and avary the stipulatioru, agreements, condirions and covenants of sa:d promissory note and th~s mor!gage any w eithe~ are not ~vly, prompt{y and fu11y perfamsd, diuharged, executed, effected, completed, complied with end ab~ded ~iy, then in either or any such event tha said ag~ ~ 9reyste sum rtxntioned in said promissory note then remaining unpaid, with interest accrued, and all moneys securrd hereby, shall becom~ due and pay- able forthwith, or theresfter, ~t the option of said MORTGAGEE, as fully end complcrely as if ell oi the sa~d su~ns of moncy were orig~nally st~pulated to be paid an iuth day, enything in said promissory notr or in this Mortgage to the tontrary notwithstanding; and thereupon ar iherpafter at rhe option of said MORTGA~E, without notite or demand, suit a! law or in equify, therefore or thereafter be~un, may be prosecuted aa if eIl moneya secured hereby had matured pnor to iti inuitution. 7. That in the event that at the beginning of or at nny time pending any suit upon this Mortgaye, ar to foreclose it, or to reform it, or to enforce paymsnr of eny claima he.eunder, asid M(7RTGAGEE ahall apply ;o the Court heving jurisd~ction thereof for She aono~ntment of e Receiver, such Co~rt shali forfhwith appaint a receiver of iaid mortgaged property all and singu!ar, includ~ng all and singular the income, profits, issues and revenue~ from whatever wurte derived, eath snd every of whlch, it being expressly unoerstood, is hereby mortgap>d as ii specifically set forth and described in th~ granting and habertdum clausas hereof, and such Receiver shall have al~ the broa~ and effect~va funct~ons and powers in anywise entrusted by a Cour~ to a Receiver, and such appointmen? sha~l be mada by suth Court as an admired equity and a matter of absolute rigM to iaid MORTGAGEE, and without refetente ro the ~dequscy or inadequacy of the value of the properry mortgayed or to the so~vency or insolvency of said MORTGAf~OR or the defendants, and that su:h renra, profin, intome, issvea end revenucs shall b- apptied by such Receiver accord~ng to the lien or equity af said MOi2TGAGEE and 4he pr~ctice of such COUrt. 8. To duly, p;omptly and fvlly perform, d~acharge, execute, effect, complete, comply wirh anc! abide by each and every the stipulatEons, agreements, conditions snd covensnts in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgagrd peemises, or any part ihereof, betomes vested in a person other than The MORTGAGOR, the Mt~ATGACEE, its sutcessors and aasigns, may, withovt notice to the h10RTGFdS, dea! w~th s~ch successor er s~ccessor in interest with re(erence to thia mortgsge and the debt hereby secured in thr same manner as with Mortgago~ w~thout ir. eny way vit~ating or d~scharging the hlortgagors' liability hero- under ar upon the debt he~eby secured. No sa!e of tl~e rrernises hereby mortgzged and no forbearance on the part of rhe I+~ORTGAGEE or its successors or assigns and no eatension of rfie time for the payment oE the deb+ hereby setvred given by ~he MORTGAGEE or it: tuccessors or ass~gna, sl~all operate ' ro release, discharge, modify change ar affect the originai liab;iity o4 the MORTGAGOR herei~, eithe~ in whoie or in part. 10. It is tpecifically agreed that time is of the essence of lfiis centracr and that no waiver of any obllgat~on hereunder or oi the obligation sr a,red hereby sha:l at any time thereafter be held to be a waiver of the terms hereof or of 1he ins~rument secvred herby. 11. In add~tion to the forego:ng month!y paym=nts of princ'pal and imerest rrqu~red by the prom ssory nu!e sewred hereb~. mortgagor covenants and agrecs to pay to mortga~ee vvith each mon~hiy payr,7ent an add~rionai sum es~;n+a~ed by mortgagee to be eq~al to 1;' 12 of the annual cast of the foliow- ing: A-All real property taxes levied or assessed ag3inst thc above descr;bcd real estafc. B-Prem+ums on fire and wir.dstorm insura^ce as herein requ:red to be carr~Ed on the improvements s:tuate on the above d~sv~bed premises. C-Premiums on such martgage gua~anty insurar,ce as mortgagee shall f~om t~me to time deem fit to carry on tfie loan secured hereby. Mortgagee shall from rime to time nor~fy mortgagcr in writ~ng of the amo~n, d~e and payat~le hereunder 3nd such sum shall thereupon be due and payabfe on the due date of the next :nonth!y pay~r.~r.t and each successive month rhereafter u;.r:l mortgagee sha!I nof~fy mortgagor of a change in such amount. Such sums ahall bt apFlied by mortgagee toward the paymen! of real p•operty taxes, insurance prem:ums, and mortgage guarenty insurance premiums. WITNE55 WH:REOF, the said MORTGAGOR has he;eunto set his hand and seal !he day and r first aforesaid. igned, a! and elivered In the presence of: . ' - ~ (Seal) < { (Seaq - - {Seal) (Saal) - STA7E OP FLORIDA SS. COUNTY OF - ~'t , L]ln j A ( Befae me personally appe~red T•A q~ j.e_Child9 end El~sndsr Child9 - h~s wife, r~ me well known and known ,o m~ to ~ ihe individuab described in and who eaecuted the foregoing instrument, and atknowfedged before me that they execute~ the same for ti~e purpose~ ?herein ezprrased. And the said- ~.''.LHZ1S~$1" Childs _ wife of tha said _ L99~1 { B •}:lj, C~3 vpon e separate and priv~te examinstion by mc taken separate and.apart from her aaid husband, ecknowledged to and befo.e me that sF~e execu:ed said instrvment frecly and volun- tarily and withovt sny comp~lsion, constroint, apprehersio , pr fear of or from her said hu and. • L~ YJITNE$$ my ha»d and cfficial ttal th~s Z~~ti _ day of ~~~~~~~~i~yr~Dr, 19 ~3 • W J~ otary Public•in and for thm ~itll~QF F • ~ . ~ C My Commission expires: ' ~ ~ RetUm Ta: ~ Go -y~ ~ • : Fir~t feders! Savirtgs b Loan Association ~~L e 80 a z- : Of Fort P~erce. ~ N FjQtARY PU8L1Ci; S~A~ - MY COkIM15S10N EX + Fort Pier:e, Florida 1 ~ ` ,t . c~ ~ . . . . ~ I' ~ OZ ; Y~~~i~~t;+l;.~ s • ~rf( '~5 J 7. ~ ,o~-= ~LERK . ; 4 : ~ . GER ~Ot~RAS~ T 'U. ~ ,~.t-=;~--~ . . Ro ~uc~E ~~~N Y° ~ . ~ - ST' RIDA . - - ~ ~ ~LO .ti,,~ ri K*~~'`• ~i - ~ • r-j . v . . J'•~...•.•~ ''r.,l::l:tll~~'~ d' ~ . ' ~ , ~ ~ ' d