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Home My WebLink About1629 3. To p~an •nd conti~wously keep o~ +he building~ now or hsr~after ~itwt~ o~ sa~d I~nd rnd on ~11 equ;pme~t and p~rson~lly cowrsd by fhi~ mo~t~ pr, with sll p?~?nium~ therQOn psid in full, fire irtsuranca in the usual ~tandard policy form, i~ a sum approwd by the MOR(GAGEE, and windstorm feaur~nc~ In tl~ uaw! standard po~~cy iam, in e sum apprnved by the MORTGAGEE, i~ aueh company or tanpani~s ~s th~ MORTGAGEE may ~dir~tt~ ~r+d all fire ~nd windstorm inwranct paliNe• on soy of said buildinqt; •ny intersst therein o~ part theraaf, i~ tM ~yq~egaN sum a4a~Nid w in ~xrns th~nof, shall contain tM uiwi stands~d mortgagee clause or such otlwr cls~~e as the Mortqeg~e m~y r~quirt, mekiny rM lou under ~ald poiF ci~s, Nch ~nd ~vtry, paysble to s+id MORTGAGEE as ite interest may •ppea?, and each and tvery such policy shall be promptly ass•gncd and d~livered to .~ny h~ld by wid MORTGAGEE +s further security to ~aid mortgage debt, a~, not leu tMn Nn (10) days in advante of the ezpirat~on of aath poGcy, ro d~- liwr to said N10RTGAGEE e rN'rewal thereof, toQeth~r w~th • receipt fo~ the prsmium of such rsn~wal; and there shal! be no fir~ or windstorm insuranc~ plK~d or~ any of uid buildinq~, any inlerett thereirc ot part thereof, unless in the form end with the loas payable as aforeseid; and in the event any sum of mon~y bacar~a psy~ble undar suth policy or policies said MORTGAGEE shall have the option fo receive and apply the wme o~ accoum of tfie indsbted- n~tt Nr~red h~rsby or fo permil said MdRTGAGORS to receive and ~ae it or any part fhereof for othcr purposes, wirF~out thc+rb~ waiving Or nnpair kg any vquity, IiM o~ right uncier or by v+rtue of this rtwrtquge; and in the aveM aaid MORTGAGORS shall (or •ny reaso~ fail to keep the said premises ~o insured, or f~il to detiver promptly any of said pOlities of insuronce to said MORTGAGEE, a fail promptly to pay ful~y any ptemium therefor w in any respKl f~i~ to p~rfpm, discharge, exetute, ~ffect, complete, tomply with ~nd abide by thia covenant, w any Fart hereof, said MORTGAGEE may plata and pay fw such insurance ot ~ny part the~sof withou? waiving or •ffMinp any option, lian, puity, or riqht ~inder or by virtue of this Mortpaye, and the ful! amour+t of tach and ~v~ry wch payment ~hall be immediately due and payable sr~d shall b~ar interest from tM date thereof until paid •t the rate oi nine per centum par aonum ar~d together with such interest shall Ee secured by t1x lian of th~e mortqage. 4. To p~rmit, comn.it or suHar no waste, impairmenT or deterioratioo of said property or any part ihereof. 5. To pay •11 and singular the costs, cherges and expenses, inctuding a reasonable ettorney's fee and costs of abstrott~ of title, incurred or paid at any time by ~eid MORTGAGEE, beca~se or in the event of the failure on the part of the said MORTGAGOR to duly, prornptly and fully perform, discharge. ~xecvt~, effecl, complete, tomply with and ab;da 6y ea<h and evary the stipulationa, agreert~ents, co~ditiona, end covenants of said promissory note and fhi~ mortqaqe ~ny or either, and iaid coate, cherge~ and expenses, eech end every, thall be immediately due end payable; whether or not there be r.otice do- mand, ~ttempt to tollett or suit pend~ng; and the full amount of each and every such paymem ahali bear interost from the date thereaf until paid a1 the rote of nine per centum per ernwm; and all iaid costs, charges and expenses inturred ar pald, tayether wrth fuch interKt, shall be setured by the lien of this ^wrtq~ye• S. That (a) in ihe event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event •ny of sa~d sumt of money herein reftrred to be not prornptly and fully paid within thirty (30) days next after the same severally become due end payable, without demand or notice, or (c) In the event each and every the stiputarions, agreemantx, conditions and covenants of sa~d promissory note and th~s mortgage any w eirher err nof ~u~y, p~omptly and fully performed, discharged, executed, effected, completed, tornplied with a~d abided by, then in either or any such event the said ag ~reqate s~m mentioned in said promissory n~te then remaining unpaid, with interest accrued, and a~l moneys secured hereby, shall becoma due and pay s61a forthwith, or thereafter, at the opt~on of said MORTGAGEE, as fully and completely as ifi ali of the said sumt of money were originally st~pulated ro be pe~d on suth day, anything in sa~d promiesory note or in this Mortgage to the controry notwithstanding; and thereupon or thcreafter at the option of ssid MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted ss if all moneys seturad hereby had maturr~ prior to itt institution. 7. That i~ the event that at the beginning of or at any time pend~ng any suit upon this Mortgage, or to foreclose it, ar to reform it, or to enfortt payment of eny claims hereunder, aaid MORTGAGEE shall apply to the Coun having jurisd~ction thereof for the appointment of a Receiver, such Court shall forthwith sppoini a rece~ver of sai~ mortgaged property all and singular, inclvd~ng all and singular the income, p~ofit~, issuas and revenues from whate~er wurce derived, each and eve~y of which, it being expressly understood, is hereby morrgaged as if ipet~fically ?e1 forth and deuribed in the pranting ~nd hebendum clauses hereof, and such Receiver sha!I have all the broad and effective funcflons and powers in anywise entrusted by +a Co~rt to a Receiver, and tuth appointment shall be made by s~th Court es an adrnined equity and a matter of absolute right to taid MORTGAGEE, and without reference to ihe adequacy or inadequacy of the value of the property mo~tgaged or to the solvency or insolvency of said MpRTGAGOR or the defendann, and that such rent~, profits, income, iuues and revenues shall be applied by such Receiver accord~ng to the lien or eq~ity of taid MORT(~GEf and the practics of such Court. To duly, promptly and fu!ly perform, d'+scharge, execute, effect, complete, comply with and abide by eath and every tF~e stipulations, agreementt, conditions snd cove~ants in aaid promissory note and this mortgage set forth. 9. Thai in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in s peraon other than the MORTGAGOR, the MORTGAL'iEE, i1s iuctesaora and assigns, may, without notice to the MORTGAOR, deal with s~ch successor or wccessor in interest with reference to this mortg~9e and the debt hereby secured in the same manner as with Morrgagor wi~hout in eny way vitiating or distharging the Mortgagori liability hera under or upo~ !Fe deot hereby secured. No sale of the prem~ses hereby mortgaged and no forbeeranse on the part of the MORTGAGEE or its successors o! assigns and no exrension of the time for the payment of ihe debt hereby secured given by the MOR7GAGEE or its ~uccessors or assigns, shall operate to release, discharge, modiiy change or affect the original liability of the M0~2TGAGOR herein, either in whole or in part. 10. 1t is specifically agreed that time is of the essence of this cantract and that no waiver of any obliget+on hereunder or of the obligetion se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. I~ add:tion to the foreco'r.g monthly paym~nts of prinCpal and interest required by the promissory no!e secured hereby, mortgagor covenants and ogrees to pay to rr,ortgagee with each monthly payrnent an addirional sum es!imated by mortgagee to be equal to 1/l2 of the annual tost of the follow- ing: A-All real property tnxes levie~ or assessed agai ~st thc above described real estate. 9-Premiums on fire and windsto:m insurance as nerein requ~red to be carrieo on the imYrovementt s~tuate on the above described premises. C-Premiums on such mortgege guaranty iiuvrance as mortgagee shall from t:me to time deem fii to carry on the loan srcured hereby. Mortgagee sha!I frcm time to time notify mortgagor in writing of the amount due and payable hereunder and such a~~~ shall ih~reupon be d~e and payable on tha due date of the r.ext month:y payment ar,r~ each successive month theren~rer uctii mortgagee shali notify mortgagor of a change in such emount. Such sums sha!I be applied by mortgagee tc~.vard ti~e payment of real property taxes, insurante prem;ums, and mortgage guaronty insurance premiums. IPI WITP:ESS EREOF, the aa~d MORTGAGOR has h~re~nto set his hard and seal the day and year first a'oresaid. Signed, Sea an ' r rsence of: (Seal) • _(5eal) ~C~' (Seel) (Seal) $TATE OF FLORIDA couNrr oF SAir~t; I~u~ i e ~ Beforc me personally appeared ~jQA w C~r'~Z' and g~~ C&~Y`V9I' his wife, to rne weli known and known to me to be the individuals described in and who executed tha foregoing instrument, end acknowledged before ms that they exec~ted the same far the purposes tF~erein expressed. And the sai~ B9~-~- Carver wife of the said Jd8 w~ ~+&rvar , upon e separate and private ezam~nation by me taken 3eparate and apart from her said h~sband, acknowledged to and before me that ahe exetuted said irstrument freely and volun- tsrily end without a~y compulsion, constraint, npprehe ion,~fear of or from her said bend. ~ W1TNE55 my hand and offic;al seal this, day of , A. D. 19~ ~ r Notary Public in and for the State of flaride et Lar~ge _ . My Commissian expires: Return To: ~ ' ' " " First Federal Savings 3 loan Association _ _ • Oi Fort P~erte. D . . ~ ~i:.r,E ' Fvrt Pierce. Florida E ~1G ~'O~~ ~Oh t` ` 2~63 ' ~ r~ " ~'L sc~at~`eyu m~1."" . . ..:CSTELN'iRSY -r r;• i ' . . • ~ . ~ ' ~f ~V~ ' . . , ' ' . / ~~7~~h~'~~ ~ l' ~ - . ~ ~ ~ • ' ~ ~r ZZ `1~ ~ ' ~ 'f~~•~•;. . - D~ , ~ - ' ~-y - , , . . • ~ ~ ~ 4C + : rt~~~~ ~;~~~'l~ C~A N~Y. . FLOR,~ : r ~ ~25 427 $ . _}~r.~r~ ~