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Home My WebLink About0490 ~ . . . 3. To pl~a and oontMwowly k~ap on t!r buEldinqs now w hw~ahs~ sitwa a+ aid land u~d on ~11 eq~?~^~rt ~nd p~nonslyr cewM~d bY thb matp~ p~, whh all prani~w~r tM~~en p~id in full. fin k~wr~nu in ~M uwal ~~and~rd poticy fwm. {n a sum approwd by the IY~ORTGAGEE. and wie~datwm Niw?~a in tM wwl Nand~rd pof~c~r fe~m. ~n s wm ~pprov~d by rhe MORTGAGEE. 1~ wch company or r~~paniN a~M 1NORTGAGEE may dMvct~ M+d NI fin ard wi~+drtoem iMw~r~a poiki~a on ~ny of a?d buiWings my Fnh~r~st tM?rin. a. put tl~wf, M tfir pqnqatr wm ~forea~id or In ~oan~ IMv~ef, tfi~ll ca+~~in tM uwel ~tandard marryaqN davN a such a~Mr cla~~ a tM Mwtya~e miy rpuin, makirp the loa undN said po1F tTn. ~ and ~w~y, p~yabte to aaid MORTGAGEE a~n Int~rest may app~ar, tnd sach and ~very auch policy ?hslf b~ p~omptly ~as;yned ~nd d~~iwr~d 10 . any h~W by uid MORTGAGEE as fuAMr s~cwity ro s~id mortp+p~ d~bt, +~d, not Iqs than Nn (la) days in ac.'vanc~ of tM txpir~tian of ~ach polity. to dr (hi~r b Mid AAGRTGAGEE ~ r~nwwa! tlterwf, toy~rtlwr wiM a r~c~ipt fw ths pr~rniuen of wch r~newali and tMr~r shall be no ftra a windsta?m ieuurancs pl~Crd on My of faid bulldinqs, ~ny int~nst fMr~in or pa~t Msnof, unleu in th~ form and with th~ losa pay161~ a~ aforesaid: ~nd in tM ew~t any sum oi mon~y beoo~nw pry~bl~ und~t wci~ policy or politi~s said MORTGAGEE sFu;l Mw tM uption to r~ceive and apply tM same on eccouM of the ind~bt~d- nN~ ~e.wid hK~by o~ fp pKmit ~ald MORTGAGOkS to ret~(w ~nd us~ it a a~y part thereoi fa- otF~er purposes, without thereb~ waiving w impeir inp ,nty ~uity. IMn a ripht w~dir or by virtw of thi~ nwrtynp~r +~d in th~ ~vant soid MORTGACrORS ahall fa u+y r~awn fail ro keap the said pr~mise~ w ira~r~d, w fail fo dtlivrt promptly any of aid polic'~ oi imur~nu ro said MORiGAGEE, w fa~l promptly to p+y fully sny premium th~rofa w in any rssp~ct fa11 q p~rform, di~chrp-. ~x~cv1~, eff~ct, complrt•, eomply with and abid~ by thiti covenant, or any put htrwf, ssid MORTGAGEE m~y place and paY fa wch Imuranc~ w~ny pert tMr~of withovt waivirp or ~ffaNinq aeey opMon, li~n, pvlty, cr riqht ~e+d~r or by virtw of thi~ Nbrlqaq~, and the fvll araount of Nch ~nd rwry wr.h p~ymrnt ~I?rll la~ irrwnediately dw a~+d payabl~ and ~MII b~ar interKt from tiw d~te tfieraof u~til paid at ths rste oi nin~ p~r tyntum p~r ~nnum and topethar wi~h tuch interwt ihall be ~ecund by tha f'»n of this morty~ge. 4. To pKmM, caewnlt or svffsr no wuh, impairrr~tnt a deteriwation of said p~operty a any part fherwf. 5. To p+y ~tl ~nd dnp~l~r th~ costs, charq~s and expar+sss, includinp a rea~onable attomey'a fes snd coatt of abstrocri of title, incurresl or paid at ~y tlen~ by said MORTGAGEE, becawe a in tM evsnt of ths fsilure on the p~rt of vM said MORTGAGOR lo duly, promptly •nd fvliy perfum, d~~ctarg~, tx~cuN, sfftc~, compleN, comply wHh and ~bide by eech and every the ati~ulatipna, ayreements, conditions, •nd cownenn ot seid promisiory ~ota ~nd thi~ mortqap~ w~y w~iths~, and wid cw~s, ch~rpe~ end ezpanse~, euh and Qvery, shall bt immediately due snd pay~ble; whether w not thera bt r,otice da m~nd, ~fhmpt fo toll~ct ot wit pNrdirgj end tM full ar.wunt of sach and wery tuch psyment shafl bear int~r~st fran tM date thereof until p~id ~t tF+~ nh of nk~s per centum per ~nnvm; snd al! seid coah, cfiarges and ezpenses inturnd a paid, together with tuch inMr~at, ~Mtl ba s~t~rad by the li~n of thii 6. TMt (a) in th~ ewnt of any br~ach of thi~ Mo?tysq~ nr defsult on iM part of the MORiGAGdlt, or (b) in the avent •ny of aid sumt of money MMIn ntwr~d to b~ not promptly and fully paed within thirty (30) deyi next sfrer the same :everally become due ~nd pay~ble, withovt dem~nd or notice, or In tM ~wnt each and ev~ry th~ stipulations, sgreements, conditions and covenanri of sa~d promissory note and ih~~ mortqa9e ~ny w either ~n no1 ~vly, prornptly ~nd fvlly p~rformed, diuhargsd, azecuted, tffected, tompleted, complied with snd abided by, tMn in either or any tuch ~wnt ths aaid ay- prrq~h wm m~ntioned in uid promiswry note then remai~ing unpaid, with interest actrued, and alt moneys setured Mreby, tn~ii be~nma dua and ray- ~W~ forthwith, or th~nsft~r, ~t tht option of ~aid MORTGAGEE, as fully and completely a~ if all of the wid suma of money were oriqinally stipulsted tp i~ prid on ~uth day, snything i~ ~aid promiuory note ar in this Mortgege to the contrary notwith~tandinp; anc~ thsreupon w theresftsr ~t the op/ion of Nid MORTGAGEE, withovt notiu or demand, tuit at Isw w in equity, therefere or theresfter begun, may be prwecuted a if all moneys ~ecurad hareby h~d matund priw to its irutitution. 7. 7haf in ths ~vant th~t ~t da baginning of or ai any time pe~ding any euit upon this Mortgage, or to 1~or+tlose it, nr to reform it, or to enforc~ psyrr~nt of sny cl~lrrw Iwr~under, aaid MORTGAGEE ~hall apply to the Court having jur~sdlction thereoi for the appoiniment of a Receiver, such Court shall forthwHh ~ppoint ~ tKSivN of sai~ mortpaged property all and singuler, in<I~d~ng all and singular the i~come, profitt, is~uet and reve~ues from whatev~r Wurp C1Kivld, HCEf ~n(~ ~vOry O# which, it beinq expre:sly understood, is hereby mortgaged ei if apecifically ses forth and detcribed in the yrantinp and h~btndum t{ause~ Mrsof, attd such Receiv~r shell have all the broad snd effectiva functions and powers in onywise er.trwted by a Court tp a Reteiv~r, and tuth appoinh»snt ~hill be msde by tvth Court a: an •dmitted equity and a rrWtter of absolute right to said MORTGAGEE, ~nd without refe:ence to th• ad~quxy w Inadequacy af the value of the property mwtgaged or to the eolvency or insolvency of taid MORTGAGOR or the defendanri, and that •uch r~nri, profits, incom~, itsuts and tevenues shall be applied by such Receiver according to the licn or equity of ~aid MORTGAGEE ~nd the pr~tliu of iuch Court. 8. To duly, promptly ~nd fully perform, diuharfle, execute, effect, complete, cvmply with and abide by ~ach a~d Qvery the stinulations, agre~ments, conditioru and covenann in uid promltsory note end this mortgage set Torth. ' 9. Tk~t in the ~v~nt the ow~nhip of the mortgaqcd premises, or eny part thereof, bemmes vested in a perwn other than the MORTGAGOR, th~ MOR7Gl1GEE, tYi sua~uon ~nd eaiynl~, may, without noiice :o the MORTGAOR, deal with such ~uccassw or wcre~sor in interesf with ref~rtnce to this moH~ape ~nd ths debt hereby secur~d in the ssmc manner as with Mo~tgagor without in eny way vitiating a diuharqing the Mortyaybri li~bility herN under or upon the debt hsreby secured. No sele of the premises hereby mortgaged and no forbearance on tha part of the MORTGAGEE or itf tucce~sora ot eaiqns and no extension of the time for the payme~t o' the debt hereby secured given by the MORTGAGEE or its ~uccessors or asaignt, ~hall operaf~ to rNea~, di~ch~rqe, modify chenga ar effect tht origir.al liabiliy of the MdRTGAGOR herein, either in whole or in psrt. 10. If is ~pacificelly agreed that time is of the essence of lhis contract and that no waiver of any obliqation hereunder or of the oblip~tiOn se- turad Mreby ~hall et ~ny tims thereafter be held to be a waiver of the terma hereof or of tFx initrument tecured herby. 11. In addition to the foregoing monthly paymen!s of princ'pal end interest rrqulrrd by the promistory note secured hereby, mortgagor cov~nant~ ind eqrees to psy to mortga~ee with each monthly payrnent an addirional sum esrlmated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All reel property taxes levied or assessed agaiost the above destribed real estate. B-Premiumt on fir~ and windstorm insurar.ce as herein requ~red so kse carried on the ~mNrovementt situate on the above deacribed premi~es. C-Premiums on such mortgage ~uaranty insurance as mortgagee ahall 'rom tlme to time deem fit to carry on the loan secured hereby. Mortpages fhell f~om time to time notify mortgagor in writing of the amount due and payable hereunder and •uch aum shal! thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter untii moHgagee shali notify mortgagor of a change in such ~mount. Such iumi thall be appliad by mortgagee to•aard the paymt~t of real property tazea, ins~rance prem;ums, and mortgage guaranty in~urence premivms. I!d WI7NE55 EOF, e eid M 7GAGOR has hereunto set his hand and seal the day and year first aforeaaid. S' Srd~ d d ~ in r~ttqco of: ' , ' ..rl5eal) ~Z~ Srsl} S~el) L (5eal) STA?E 4F fLORlOA ~ courm o~ S~int L~acie Befwa me P.~~eiY aPP.a?ea _ Me rre 11 W i 11 i am ~,OL1B . S T' . snd There s a ~A ZgL1B Long hia wife, to me well known and known to me to be fha fndividwls desaibed in and who ~xec~ted ihe foreyoing inatrument, a~d acknowledged before me tha4 they executed the same fa the purposes ~,.~e,„ .x~,~.~. Theresa Hel~ne LonR w3fe of the taid Merrell William Long, ~T`. ~ upon a separate snd private examination by me taken teperate snd apart from her said husband, atknowledged to end before me that she executed said tnatrument freely and vofurr terily rnd without eny compulsion, constraint, app~eheniion,.~y fear of or from her :a;d husband. K WI7NE55 my hand and official wal this ~K, dey of ^ A. D. 19~ ~ - Notary Public in and for the/51ah Florida at larpe My Commission expiras: n ap ~ Retum To: ~ Fi:~t Fsdersl Savinqs ~ loan Auotiation R~C~~~E~ of Fo`' ~~°.`e. p,~~D Q 0 OK 1~??~ ~ueuc: s~a~TE cf ftoFl~A et IAR~t Fort Pierce. Florida • ~ ~n~x~t!'>~. ;j - :'s. ~:•i$ ~,1 ~t;ttll:~~:~; ~I'+.. e~h'?'~_ !90":~~7 Tu . S7 `"y . h . ' ~ : , P~ 3 • py ~ ~ 3p • ~r,: ' ,,,~~q,:~~ ~ .~a~iJ~~i~r . .~.J~i:- CLERK . ~ , ~ ~ ; : = ;p~tiRQ ~ : : . _ f w ; J~~; ~ R~~'~` ~ .ppUNTY. : _ , ' ° ~ , = . ~ .~G.: - f>~ i ~ ~ ~lr~ + r _`_'r'~ '~~~p~ ~ ~ ~ .3 ~pl ~ , ; ~ " ~ ~ . • , . . • ~ ~ ~ ~ 0 R q~ - . , ~ ~ , Boox i2'7 x * r~ : ; $ - _ ~ ~ ~ - ~ ~