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Home My WebLink About1375 3. To pisce and cantin~sly kaep on tfie bui!dings now ar hereafter situata on ~aid ~~nd and a+ ~I~ cquipmenl and p~non~~~y caw~cd by thi• mwtg- ps, with •II pr~miums thereon paid in fufi, fire insurance in the uwal standard policy fam, i~ a sum ~pprov~d by tfie MORTGAGEE, and windstwm insurrnc~ in the uiual st~nd~rd pofcy form, in a sum approved by tha MOR1GAGfE, in ~uch tompany or tompani~s u 1M MORTGAGEE msy dimt; and all fir~ a~d windatorm ins~rance policirs on any of said b~ild~nys, a~y int~rast therein or part thertrof, in the aq9reqste tvm •fa~~aid or M~xcsat tharaof, ~hall contain the usv+l standa~d mortgagee clau~e or such afher clause ai fhe Moriqag~e may requ~ro, m~kin9 the losa under ~~~d polr ties, rach ~nd eve~y, payable to ~aid MORTGAGEE ae ~ts imerest may appear, and e+ch and every such poGcy ahall be pramptly au 9ned a~d delivsred to ~ny heW by s~+d MORTGAGEE as further secu?ity to aaid mortgaye debt, and, rw! I~u thsn ten (10) days in advance of the e~piration of each policy, ta de- liwr to said MORTGAGEE a r~newal thareof, toyetMr with a receipt for the pr~mium of auch ranewal; and there shall be no f~re or windsto~m insurance pl~t~d on any of said buildinge, ~ny interest tharein or part ?hereoF, unless in tMe form e~d with rhe loss peyable as aforesaid; end in the event eny •um of money becomes payable undtr iuch policy or pol~cies said MORTGAGEE shall haw the option to receive and ~pply fhe same on account nf the indebted- n~u fetured hereby w to parmit seid MORTGAGORS to receive and use it ~or any part thereof for othcr purposes, w~rho~t th>rebr w~i~i~ig or ~mpair- ~ irp ~ny equity, lian a ri~ht unde~ or by vinue of this mor!qage; snd in the event said MORTGAGORS ~hall for any rcason fail to keep the eaid premises a~ • in~ured, or fail to deliver promptly any of said pol~cics of insurance to seid MORTGAG~E, ar fail promptly to pay fully any premium therafor w in any r~sped f~il lo perfarm, dixha~ge, execute, effect, complefe, comply with and abide by this covanant, or a~y part hateof, taid MORTGAGEE may plate end pay for ~uch insurance or ~ny part tha~eof without waiving w afiectinq any oplion, lien, puity, or right under or by virtw of this Mwtgafle, and the full amoum of ~ech end ev~ry such paymenr shall 6e immediately dw and payable and ~'nall b~ar i~iterest from tl?~ data thrreof umil paid at the rate ol nine per centum psr anncm and together with suth interrst shali be secured by rht lien of this mortgage. 4. 7o permit, commit or auffsr no wasts, impaerment or deter~oration of said property w any part thereof. S. To pay all and singular the costs, cfiargea and expenses, including a reasonable attorney's fee and costs of ebstracis of title, i~curred or paid et ~ny fime by said MORTGAGEE, because or in the event of the failure on the part of the said MORiGE?GOR ta duty, promptly nnd f~lly perform, d~scharga. ~~exute, effect, complete, comply w~th and ab;de by each and every the sti~ulations, aqreements, cond~~ions, and cove~anr• of said promissory nate end this mortya~e any or either, and said costs, chargea and expenses, each and every, shall be immediaiely due and payable; whether or not there be notice de mand, attempt to collect or suit pending; and the fult amount of each a:~d e~ery suth payment sha(I bear interest from 1he date thereaf until paid at the rate of nine per centum per annum; and a11 said costs, charges and expensea incurred or peid, together w~th such interest, shall be s3cured by the lien of thi~ mo+'~Kii. 6. That (e) in the event of any breach of this ~llortgage ar defauli on the part of the MORTGAGOR, or (b) in the event any uf sa~d sum~ of money hersin referred to bc not promptly and fully paid within th~rty (30) days next aiter the same seve~a~Ey betome due and payablc, witho~t demand or notice, or jc) in the event each and every the stipulations, agreementa, condrtions and co•.rnants of sa~d promissory note and th~s mortgage any or either are not ~uly, promptly snd fully performed, d~scharged, executzd, effected, completed, com~l~ed w~th and ab~ded 5y, then in eirher or any such avent the said aq- yregate aum mentia~ed in said promissory note then remaining unpaid, with inte~est accrued, and all moneys actured hereby, shall become due and Nay eblt forthwith, or thereafter, at tha option of said MORTGAGEE, as fuliy and completely as if a~l of the aaid a~ms of money were origir.a~ly st~pulated to be paid on such day, anything in sald promissory note or in thia Mortgage to tfie conrrary nofwiThsfanding; and thereupon or thereafter at the op~~on of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be profecuted as if al~ moneys satured hereby had matured pnor ro~rs institution. 7. ?hat in fhe event that at the beginning of or at any time pending any suit u,:on this Mortgage, or to foreclose it, ar to reform it, or to enforce payment of any c~~ims hereunder, said MORTGAGEE shall apply to the Court having jurisd:tt;on thereof for the appointmeM of a Rece;ver, such Courl shall forthwith eppoint a receiver of sai~ mortgaged property all and singular, in[I~d~ng all and singular the income, profits, issue3 and revenues from whate~er wurce derived, each end every of whkh, 1t being expressiy understood, ~s hereby mortgagad as if spec~fically set forth and deicribed in the granting and habendum clauses hereof, and such Receivur shall have all the broad and effective funct~ons and powers ir anywise entrusted by a Cou.t tp a Receiver, and wch appointment shall be made by suth Court as an admitfed equity and a matter of absolute right to said MORTGAGEE, and wi~hout reference to the sdequacy or inadequacy of the value Of the property mortgaged or to the so;vency or in;olvency of said MORTGAGOR Or the defendants, and that such rents, prof+tt, income, i~sues and revenues shal~ be applied by such Receiver accord;ng to the lien or equity of said MORTGAGEE and the practite of su.h Cour*. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, tcmply wirh and abide by each end every the stipulat~ons, agreements, conditiarts and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownersnip of the mortgaged premises, or any part thereof, becomes vested in a perwn oth~er than the MORTGAGOR, !he MORTGAGEE, its successors and assign,, may, without norice to the MOR7G~+OR, deaf with svch successor or auccesior in interest with reference to tFis mortgage and the debt hereby secured in the same manner as witn Mo~tgagor w~ithout in any way vitiating or d~scha~ging ihe Mortgagors' liability herr under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the par~ of the MORTGAGEE or its suc<essors or asaigns and no exrension of the time for rhe payment of the debt her~by secured given by the MORTGAGEE or its successors or assigns, shall operate fo re~ease, d~scharge, modify cfiange or affect the orig~nal Iia~~Gty of the MORTGAGOR herein, either in whole or in part. ~ 10. It is spec~fically agreed that time is of the essence of this contracr and that no waiver of any obGgation hereunder or of ihe obligation sr tured hereby shell et eny time thereafier be held to be a waiver of the terms hereof or ~f the instrument setvied herby. 11. In add~tion to the forego~ng rr.ontMy paym~nts of princ'pal a~id interest required by the prom~sso:y no'e secured hereby, mortgagor covenants and agrees to pay to mortgagee with each month~y payrnent an add~rional sum estin-:ated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: A-All real property taxes levicd or assessed ag:3i~:st thc acove destribed real estate. B-Premi~ms on fi~e and windstorm insurar.ce as nere~n requ~red to be carried an the imrrovements situate on the above described premises. C--Premiums on such mortgage guaranty insuracce zs mortga3ee shall frem t"me to ti~r.e deem fit to carry on the loan secured hereby. Mortgagee shail from time to time no!~fy mertgagcr in writing of ;he arrount d~~e and payablt- hereundar and such surn shall thereupon be due and payable on the due date of ihe n~x: monrhiy payn,ert and each wccessive rnonth thereafier ~ntil mortgagee shall notify mortgagor of a change in such amount. 5uch sums shall be applied by mortgagee toward the payment of real propeity taxes, insurance prem:ums, a~id mortgage guaranty insurance premiums. IN WlTNESS W EdF, the ai M GAGOR has hereunto set his har.d anci seal the day and yea/r lfirst or aid. i e, Seele d i t respwce of: ' ~ _ ~ e~) ~ ~(Seel) _ (Seal) i _ (Seal) v' ` STAiE OF ~LORIDA ~ couNrY oF Saint Lucie ~ S'~ 8efore me personally appeared B~rQn_ At.___ki~19 and QZgB CY. Atkin~ hia wife, to me well known and known to me to be Phe individuels deacribed in and wha executed the for~egok~n3rument, a~d acknowledged before me that they executed the same for the pvrposes therein expresud. And the eaid ~lga t _ wift cf the :e~d . L_ By ron A tkins , upon a separate and private examinat~on by me taken separate ~nd apart from her said husband, acknowledged to and before me that ahe sxetuted said instrument free!y and volun- larily snd w;thout any compvlsion, constraint, apprehenslon, qUfear of or from her said husband. r WITNESS my hand and official seal th~~ ~1'~ _ day of~~ a , A. D. 19 ~ ' No ary Publ:c in and for the 5tate of P{orida at Large ~ My Commisiion expires: ~1 t~/~ Return To: d Firet Federal Savings ~ loan Association r ~ , , ~ Of Fort pietce. `z„ " . .tr~, . . !A'?^~ Fort' Pierce. ~lorida • , . ` ~ v~ ' . ~ YV. L' _..~.,nai . - i ~ . ~~'.~<<,"'...,Z~,~ F{L ~A~~N~ R~C~Pt~E~ ~ . . = . ~~TjG1A~_~Et.t~u:--E 0 0 K ~ . - ~ ~ , - i_~r: ~ C'~.~c' ~ ~ ~ ~ ~ ~ '05 i'~~!"' 2 3 ~'f~1 9 : 3 9 ' ~ . : ~ c?~,ra~'s ~ ~Jti?''.. W~} , , _ . - - : .j C R ~ R~:::=., ~ : CLcRK ' 6Q~~K~~~ 4 ST. ~UCIc COU~lTY, ~~,e~ . _ F~OftIDA ~