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Home My WebLink About0732 3. To plece end continuo~aly keep on rhe bu~'d~ngs now or hereafter a t.,atr en sal:i land and on +!I equi~ment snd personel!y coverod by thi~ morig- ~ge, with ell prem~ums lherean pa,d ;n f~il, fire ~ns~rancc In thc ~=sva~ s!arderd po;icy form, in a s~rn opproveCl by the MOR~vAGEE, and windttorm ins~rance in the us~at s+andard pof.cy fo~m, in a sue~ eF_provc•d i,y +he MORTGAGEE, in svch tc~*pany or compan~cs as ihe MORTGAGEE may direct; and all fire and w;ndsto~m inswance po!~~~es on a~r; of s~~d bu~id,ngs, eny interest therein or pa~t thereof, in rhe eggiegate wm sfofesald or in excese thrreoC, shall contain the usual stur,,dard n,o~~~i ~gee cl;use or such o~her clause as the Mortgagee may requ re, making the ;oss under fa~c~ poli- cies, each end every, payable ro said h10RTGAGEF as ~ts ~~iteresr may appea~, and each and ^ve~y such po ,cy shall be promptly a~s gned and delivered +o any held by said MORTGAGEE as further security io sa~d morr~age debt, and, not !ess than ten (l0; da~s in advante of the exp~iat~on ot each polky, to da- liver ro sai~+ MORIGAGEE a renewal rhereof, toge~her wi~h a rcce p~ for th: premlum of such re+~e.va!; end there shall be no f~re or winds~onn insuiarce plated on bny of said b~ildings, any interest ihero;n or part therrof, vn'ess in the for:n and w~tn the loss nayab:e os aforesaid; and in the evenl any sum of money becomes payable ~nder s~ch policy or poGcies said MORTG.4GEE shall have ihe option to rece~vc a~,d apply thc same on account of the indebtad- nesa secured hereby or to pe~mlr sa~d MORTGAGORS to recelve and usa it or any p, rr rherco9 'ro; o±n• r purpeses, w;~ho.:r th~~<<,; ~~vi ~3 or ~-,~pai•- inq any equity, lien or right ~nder or by virtue of Ihis mo:tgage; and in the event sa~d MOkTG.4GGR5 shall (oi ar.y reason fail to keep the said premisei so insured, or faii fo deliver prornptly any of said policies ot insura~xe to said MORTGAGEE, cr f~i; promptly to pay 4ully any pre~nivm iherefor or in any respecr fail to perform, d~scharge, execute, eftect, complete, co~>>ply wiih and ab~de by this covenant, or any pa~t hzreof, sa~d MGRTG~~GEE may piace ard pay for such ineurance or any part thereof without waiv~ng or affecting any option, lien, equ~ty, or nght under or by vlrtue oi thls Mortgage, end the full amount of each and every s~ch paym:nt shall be immediately due and payabla and shail 6ear interrst from the date thereof until pa~d at tha rate oi nine per cenr~m per annu~n and togelher with svih inreresr shaii be secvred by the lien of thit mortgag°. 4. To permit, commit or sutfer no waste, impairment or deterioration of aaid property or any part ihereof. 5. To pey ail and sing~lar Nie cosrs, charges and exE~enses, including a reasonable artomey's fee and costs of abstracts of titie, +ncurred or pa~d at any time by said MOR?GAGEE, because or in rhe even~ of the fa~lure on the pan of the said M110RTGAGOR to duly, promptly and fully perfonn, d~scharge, execvte, effect, cemplete, comply w~th and ab,de by each a~,d every ihe stipulahons, agreer.~ents, condi~ion+, and covenams oi szid promissory note and th~s morigage any or erther, and said costs, charges and expens•~s, each and every, shall be imm~dialely due and payebte; whether or not there be r,o!ice de mand, attempt to coilect or suit pending; ano the full arne~nt of each And every s~ch paymem sh.~li o~~ar interest from the date thereof until paid et fhe rate of nine per centur.~ per an~;u~r and all sa~C) CGSIS, cha~ges a~,d cx~~enses inc~rred or paid, togethar w,th such interzst, sha~l be secured by the lien of th~~ mortg aga. 6. That (a) in the event of any breach oi this Mor.gage or d~fault on the part of th~• MORTGAGOP„ or (b) in the event any of said s~ms of money herein referred to be not pro~nr?ly an:1 f~11y paid w~th~~i th.rty i,30) days nent ait_~r Ihc same sevnra::~ bec~~me due and payab!e, wifhout demand or nohce, or (c) in fhe event c~ach and every the StipvialionS, 3greetnenti ConcJ siCns and covenants of sa d pren:issory note and thls mortgage any or either are not ~uly, promptly and f~lly perform_~d, d,s,harged, exec~ted, effect~d, completed, compiled w~th ar.d ab ded Sy, then ;n either or any such event the said ag gregate sum men!ioned in <_aid Fro~rvssory note th~n ren,a~ning unpaid, with intere,t ~ccr~~ed, and a~i moneys secured hereby, shall becom: due ana pay able forthwith, or thereafte~, at the op!ion of sa~d h10RTGi+G:E, as fully and comp!eteiy as if a;i of u~e said sums of money were onginaily st~p~lated ro be pa;d on such day, anything in se d pror;,~ssury n~re or in this P~tortgage to tne tonrrary n_~wlthstand:~ig; and thereupon or thereafter at the op~ion cf said MORTGAvEE, without no~ice or derr:and, swt at law or in equity, therefore or t't:ereafter beg~n, may be prosecuted as if all moneys sec~rpd hereby hed mar~red pnor to ~ts instU~tion. 7. That in the evc~nt fhat at the beginn'ng of or at any t~me pe~~ding any su t ~po~ ~his Mc~ry;ge, or to foredose it, or to reform it, or to enforce payment of any :iaims hereunder, sa~d M,ORTGAG:E sha'i epply to the Cuurt ha~ing ~u~~sd.crlen th,r;ccf for the appo~ntment of a Receiver, s~ch Court shall F~rthwith appo;nt a receiver of sai~ rr,ortgaged property a~l and sing~;ar, incl~d rg o~l and <_~nau'ar tne ~rceme, prof~ts, issues and reven~es from whatever source derived, eacn and every of wh:ch, I~ bc~ng express'y unde~;~ood, ~s Fereby morrg~c,d as apec:t~cal:y set fcr~h and de:crfbed in the granring and habendum clauses her>ef, and such Recei~er sha~i have al! t'r.e broad a~d effrcrlve fvnc! ens ~r:d po~.ers in anyw~se entruYted by a Cou~t to a Receiver, erd such appeintment shai~ bc made by wch Co~rt as an ad ~~~ttcd rquity and a rna!ter of abso!ure r:gM tc sa~d MORTGAGEE, and without refe~en[e to the adeq~acy or inadeq~acy of the va!ue oi the preperry mortg~gad or to the so ver,cy or ~~uo ~ency of sa~d MORiGAGOR or the defendants, and that svch rente, profits, income, issves and revenues shoii be app~~ed by s~ch Rece:.er accord~~~g to the lien or equity of sa:d MORTGAGEE and fhe practice of such Court. 8. To duly, promptly and f~lly pertorm, d~s~harge, execure, effecr, compleve, cen,ply w~th and abide by each and every the stipulatiors, agreements, cordi!ions and e~venants ~n sa~d p:omisso~y note and th:s mertgage set forth. 9. That in the event the ownership of the mor!gaged prern~ses, or any part thercof, 6ecomes vested in a peraon other than the MOR7GAGGk, the MOR7GAGEE, its wccessors and assigns, may, witho~r notlce to the P.IGRTGAOR, deal w~th s.:ch successor o! wceessor in interest wiih reterence to this mo!~gage and the deot hereby sec~ied in !he seme mann~~r as with ~'11cr?gagor v.•lti~o~t in any .~,•ay vit:ating ar d:scharging the 1.".crtgagors' liability here• under or upon the oebt hereb~ secured. No sa'e of the Fre~rJS^s h.r.ebf mc,rtgagcd a~~d no forbearante en the par~ of the /110RTGAGEE or its succzssors or assigns and no exrens~on of thc rme fer ine paymenr ci t1,e deb~ h•,~eby sec~red given by thz h10RiGAGEE or ~ts successors or ass:gns, aP~a!I operate fo reiease, discharge, modi(y changa or ~ffect the orig~nal liao.~lty of tne h10RiGAGOR he~ein, either in whoie or in part. 1Q. !t is speci(ically agreed that time is cf th~ essence cf th~s contraU ar.d that no wai:er of any cbiigarlon hereunder or of the obligation se- e~red he.eby shali ar any time nc~reafter be he:d to be a w~i~er of the te:~ns hereof or of tne in5tr~meM secur~d herby. 11. In acid t;on tu the foreco ...on!h!y. F;ay~ ^:rs o` p.3~ and ~n!c•;es! req~..ccl b; ri~~ pro~, sscry no-'~ s:cu!zd her•_b~, mortgagor covenants and agrees to pay to n;ortgagee ..:th e,c~~ n-on~~: ~ ent ~r ,i,i r~enal r.,^i ~s•' ~ ored b~ r~cr+~sgee to be equai to l, 12 of the an~~ual cost of the foliow- ing: A-All real prcpe~ty tara> lev~~_:,' or 35itcc._U s~ ii. a'. ~;e drsc,IF._d r„~~ es•;,t~~. B-Pren-,~un,s on fre acd w~~.dsro,,n ir.su~~~ce red to b^ carr;..~+ c^ the ,;rove~r,en!s s~!~~ate en tl~~ above described pramises. C-Prernl~n,s on s~th n~,c;r~.,^.e guara~•~ty ir.~,~a' ~~•rqa;.,e sha~! trc- !~e 'o ~~r.o d~-em fit !o earry ~n ihe loan secured hereby. 1f,o~tga3ee 5~e~1 fro~n tin',_ to ,~~r.c~t~;,.~~:,. ~~,n .:~~r:y of tn= ..:-o~.:^~~ ~r.d :`~yab!e hercundar dr.d suCh 5u~~ shall ihereupan be d::e and payab!e on +r~_ d.;e da!e ef ih_ n_.t , c•;; n~^r e•,J su:_~•ss .e ~_afr,r u:.+il mcr!gajee shall no!~fy mo••g-~cr of a change in su:h a^~oum. Such sums sFa.l be ap~~:ied by mortyay.e to:.a•d ti c F:a;r. ent of real preF:e~tl tazes, insurance pre:n.urns, a,~d mortga~e g~a~anty irsurar,te premiums. IN ITNESS :".'HER~OF the sai~ h",OR'G+".GOK has h^r_~~•.'o se! h s h~r.d and se3i th~ day and ea irst ~ e id. , i d, aled an, eli red in ihe presence of: w L ~ ~ (Seel) , - - I i~% . t5eel) - - - `~~~~1~- ' .L{'. ''~G~i-~'_1_-(Seal) (Seal) STA7E OF FLORIDA ~ ~ SS. CQUNTY OF + L- ~ ar.d Bef~re me persenally appeared _ 1- ~ T C ' ' ~ n ~ ~ - ~ 1 t. p ~ his wife, to me weli known and known to me to oe the individual3 described in znd who executed rhe foregoin instrument, and acknow!edaed befere rre that th~y execured the s:~me 4or the p~rposes ~ p I~ 1 1; pm therein expressed. And the said. _ - ~ . ~ i Q ~ WIfE of the said _ . upon a separate and private examina!~on by me taken separate and apr.rt frorn hrr sa~d husband, atL.norriedgeu' to and befere me that she executed sa~d instrument free;y ar,d volun- tarity and w~thout any compulsion, constrair.!, apprehens:or., or ,fear of or f:om her said husband. / rr, *,~:,•-~,r~A r WIi~JE55 my hand and offic:al seal th:s___-_~L~-_____ day of4 _ r._~-~; A. D. 19-_ - ~'~S~.F~ ' - ~ Notary Publ~c in an~ for the _31at~ Flbrida et ~.arg~ Mv Commasion expires: - ` Re!~rn io: A ~~S - ~ / ~ First Federal Savin~s 3 Loan Asscc,... o, O~[~ED "t v~ cf F~~r P~.;~~. Ft~E ~?pOK . - Fort Pi^rce, Ficr;da 'F' ~1.1~ I ` NOTARY FUBLIC; 5TA1~''.~of"F~RIDA~at,CA'R~E~ _ ' `_~{~'~d~~ ; O~ M1' C0~"AIS~lOid EX~PAF_S'Rl'Fi_'-Y;,',~1958 ~ . , ~65 rsOV 3 ~ P"~, 3.. ~ ~ - v . ..t ~~_~~~11~' i YKr~ ~T. I~~JC~t ' . ~ • FLORiDA . a'oo~ 1~ n ~ ~