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Home My WebLink About0558 To plac~ and ccntinuo~sly 4ep on tM build~nps now w hereaftN uw+t~ on said lu~d and on all equipme~t and pasonally cova~d by tAis mort~ p~, with ~II prtmiunA thereon p+~d in full, iire inivra~c~ in the usual ttandard polity fwm, ~e? + sum ~pprovad by tM MORfGAGEE. and windttwm i~s~ru~c~ In th~ ~nwl sundard po~ky (am, in • sum ~pproved by ~M MORTGAGEE, in s~?ch company a companies u the MORTGAGEE may dw~ctt and all iin and winds~orm inivr~nc~ poiides a+ +ny of said build~nqs, ~ny inttryl therein ot put thereof, in tM yqre9at~ svm ~fu~said ot In ucass ther~of, sMll ca~tain tM uswl stu+dud mat~apN claus~ a such othu cla~s~ ~s tM Mortyag~~ rrwy ~p~u~. makinp the losf undN uid poli~ cies, ~ach and ~v~.y, p+Yabls ro s+id MORTGAGEE as iti intcrost may ~ppN?, u+d e+ch ~nd every u+ch policy ~hall M promp~ly +u:yned u+d d~livered ~o any Mld by said MORiGAGEE ~s furtha s~cwity to said mortps~ debt. ~nd, no1 kss ths~ ten l10) d+ys in ~dvann of tM ~xpiratwn of euh policy, to dr IivN ro s~id 1WORTGAGEE • rsnewal therwf, toqether with a receipt fw the pr~miwn of such r~newal; sr~d 1Fare shsll bt ~o fir~ o~ windstam inwra~t~ pl~pd on ~ny oi s~id b~ildirgs, any interat therein w p+rt therwf. u~ku io tM fomi ~nd with tM bss paYabl~ u afw~Hidj and in the ev~nt any wm of moewy becan~s p+Ysble under such policy o~ polici~s s~id MORTGAGEE sMll hsw ths option to receiw a~d apply tlu same on accounl o~ ths ind~bted~ n~u s~cv~~d hst~by w ro peimit ssid MORTGAGORS ro~eteivs and us~ it o~ ~n~ psrt thereof fw ofhcr purposes. w~lhout the.eb/ waivi~y o~ nnpair- ;np ~ny pu;ty, li~n w~iph~ ~nds~ or by virh+~ of this mortps~r, u+d in tFN ~vent said MORTGAGORS sh~ll fw ~ny rtawn fail ro keep the said p~~mises so insured. o~ fail lo d~liver porrotly ~ny of said policies of inwnnte to said MORTGAGEE. w isil promptly fo pay fully ~ny p~emium the~efw p in any r~sp~ct fsil ro pMiocm, d~uharge, execute. ~ffect, complet~. comply wirh u+d abide by this covenant, or any pu~ herwf, said MORTGAGEE may p{+cs +nd p~Y fcr such irowanc~ w ~ny part the.eof without w+tviny o~ ~ffectinp any option, li~n, pui~y. a r~phi ~~der a by virtw of this Mor~9+~~. ~nd the full xnouet ot each and tv~ryr such paymenl shall be immediate~y dw ~nd payabl~ and ihall be+r i~ter~s~ from tM dat~ thereoi until p~id M th~ r~t~ oi nin~ p~r centum pN snnum and togetAe+ with ~ucA interest shall bs sec~rod by tF~ litn oi this mwt~+pe. . 4. To permit, aommit o~ iuffa no w+ste, impa~rment a deterioratan of said properry or u~y p~rt thereof. S. To psy ~II and sirgulu the awts, char~es ~nd expenses, indudirg a n~sonable attuney's fee a~d cosb oF abstr~cts of tiNe, incurred w psid at any time by said MORTGAGEE, because a in tht svent of the failure on the part of the ssid MORTGAGOR fo duly, promplly ~~d fully pe~form, d~xhargg execute, tffect, complete, comply with and abide by esch and every the it~pulations, ~yreert~ts, conditio~s, ~nd ooven~nts of s~id promissory note and thu mortpap~ ~ny w ei~hr.. :nd said costs, chu9es snd expernes, e+ch and every. sMll be immediately due snd paysble: whether a not there b~ notice ds mand, ~mmpt ro collect w wit peodirg; and tM full amount of sach and every wch p+rment sMll bca~ intereit from the d+te tl+ereof until paid N the rare of n~ns per centum per annum; ~nd all said cbi~s, charges and expenses incurred w p+id, topether with svch ietetest, shrll b~ secu~ed by the lien of thw rt+ort~+p~• e. Tha~ in the event of ~ny b?e+ch of this Mortgsye w default on thr part of ths MORTGAGOR, w(b) in the event ~ny of ssid sw~u of money herein rtferred to be not promptly and fully paid within thirty (30) days next after the same sevcratty becwne due and payabk, without demand w notice, or in the twqt exh ~nd every the stipulations, agreements, condiYans and cove+»nts of ia~d promiuory note ~nd th~s mortp+pe any or eithe~ are nol iuly, pr«nptly and fully perfwmed, discharged, cxecuted, effected, completed, complied w~th and ab~ded ~iy, then in either or any such went ~he s+~d ag preg~M sum mentioned in said promiuay note thtn ~emaining unpsid, with iNerest acuued, and all moneys setured hereby, shall betom~ dw and pay- ~ able forthwith, u thereafter, at the opuon of said MORTGAGEE, as fully and completely as if all of the wid wms of money were wi9inally ttipulated to be patd on such day, anything io said promiasory oote w in this Mortgsge to the comnry notwithstsnding; and thcreupon or the~eafta at the option of said MORTGAGEE, without notice or demand, wit at law or in equity, therefore or thereafier begun, maY be prosecuted +s if +II moneYs secured haeby had matwed prwr to ~n instiwrion. " 7. TMt in the event that a? the beginnirg of or st any time pend~ng sqy suit upon this Mwtgage, a to fweclose it, or to refwm it, a to enfwp payment of ~~y claims he•cwnder, said MORTGAGEE shall apply to the Court Mving jurisd~ction thereof fw the appomtment of ~ Receiver, such Court shall fortFiwith appoint s receiver of said mortg~ged property all ~nd sir+golar, intlud~ng all and singular Ihe income, profits, issues and revenves from whatever wurce derived, exh and every of wh~ch, it being e:preuly u~derstood, is hereby mwtgaged u if spec~fic~lly set fath and dewibed in the grantinp snd habeodum clauses hereof. and such Receivcr shall Mve a0 the broad and eifective functwns and powers in anyw~se e*nr~sted by a Court to a Receiver, and •~ch appointmcnt shall be made by such Coun as ~n sdmitted eq~ity and a matter of absolvte rghr ro said MORTGAGEE, aod w~~ho~t refere~ce to the adequ~ty or in+dequacy of the vslue of the p~operty mortgaged or to the soivency or insolvency oi said MORTGAGOR a the defendann, and that such renq, profin, incwne, iss~es aod revenues shsll be applied by such Receiver accord~ny to the lien w equity oi isid MORTGAGEE and the practiu of suth Courf. s 8. To dvly, promptty and fvlly perform, discha~ge, execute, effect, complete, comply with ~nd sbide by each and every the stipulations, sgreemenb, conditiorn and covenants in said promissory note snd this mwtgage set fwth. 9. That in the eveM the ownenhip of the mortgsged premises, w any part tircreof, becomes vested in a pcrson other than the MORIGAGOR, ths MORTGAGEE, Its sucussors ~nd assigns, msy, without notice to the MORTG~?OR, deal with such succeuo~ w svccessor in interest with reiere~ce to this mwtgaye and the debt hereby setured in the ssme manner as with Mortgagor without in any way vitiating p discF~rging the Mottgagors' liability hera- unde~ or ~pon tl+e debt hereby secured: No aale of the Fremixs 1?ereby mwtgagcd and no forbearance on the part of t!ro MORTGAGEE o~ its successors or ssigns and ra extension of the time fa the payment of the debt hereby secured yiven by the MORTGAGEE or its successors or aui9ns, shall operate ro rekue, dischu~e, modify ch~nge w affM the orig~nsl liab~lity of tF~e MORTGAGOR hcrein, eithe? in wFale or in p~rt. 10. If is specifically agreed that time is of the cssence of this tontract ~nd th~t no waiver of any obligation hcreunder or of the obliy~tion se- ~ a,red hereby sMll at any Yune thereafter be held to be a waiver of the terms hereof a of the instrumem secvred herby. 11. In addition to the fwego:ng monthly payments of princ'pDl snd interest rcquired by the {xom~ssory note secured hereby, mortgsgor cmrcnants and agrecs to pay to mongsgee with each monthly paymem an add~~ionsl sum est~mated by mortgagee to be equal to 1/12 of the annual cos~ of the follow- ` f II A-All real prope?fy ts:es kvied or assessed against the above deuribed real esqte. ~ B-Premium"s'on fire and windstorm insurance as herein requ~red to be carried on the imaroveme~ts situate o~ the ~bove d-scribed premises. ~ ~ C-Premiums o~ such mortgsge guaranty insurance as mortgagee shatl irom time to time deem fit to carry on the ban secured hereby. ~ Mortg~gee shatl from t~me to time notify mortgagor in writing of the amount due snd pay+bte hereunder ~nd such sum shall thereupon be dve and ~ ~ payaWe on the due date of the next monthly paymenl and each successive month thereafter urtil mortgagee shall notify mortgagor of a charge in such ~ € amount. S~ch sums shall be applied by mortgagee toward the psyment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ; premiums. IN WITNE55 EREOf, the ssid MORTGAGOR has hereunto set his hand and seal the day and year fint aforssaid. Sipnad, Sea nd d i t ~esence of: n : i ` ~0 • •n ~ n i STATE OF FLORIDA 1 ~ St. Lucje i before me personally sppeared Ci 1 Z' d e eT , S Q 9 Y'9 and B e rn i e e S e a r s his wife, to me well known and krawn to me to b~ the iodividwb dewibed in and who executed the foregoing instru~ent. ~nd scknowledged befae me that they e:ecuted tix same for the purposes ~he,~i~ expresxd. ,y,d rhe ,,;d B e rn i e e S e E r s p} Ci 1~ Cj e eT . S e a r Q upw~ a separate ~nd priwt~ exsminatan by me taken sep+r~te and apart from he~ said husband, ~tknowled9ed to snd before me that she acetuted said instrument freely and volv~t ~ rarily ~nd without ~ryr compulsion, constraint, apprehension, i~feu of w from her said hvsband. ~ WITNESS my hand snd offitial seal thi da f I'L' A. D. 19~~ _ ~ - - Notary Public in u+d for the ate ~jf Florida at l~rpe My Commission expires: j` Q Retum To: First Fedeal Savings a loan Association : ~ Of Fort Pierce. ~ Fort Pierce. Fiorida NOTARYPU°LtC. < , s a! lRRGE Ml( CC:' 1958 1 ~ o oROEOK - ~NDED TM~orGtf F:.~o .r. ~:~_.~~o~- : ..r..~ . ` ~ •S ~ ~ 1f ~ , FILE. A RE 800 , - - . ~ ~ - . . ~ - ~ ~N~ - , . ~ . , _ _ - . _ ` ~ ~ , . _ ; . ' - : I ~l p~ 3 . I S - . _ , t,~ - . ~ . ' L~ - ' ~ ~ ~ . - 66 ~433(i~ - - - ' . - . _ v.:.- ftOGE~ r~1~R~'SUNTYRK _ BOOK~~9~ ..y .~~555 _ -~,.,'':r.j' . ST `FLO DA ~ ~ ~ -.1 _ - nN J~ ' " - • ~ „~e:..~~' , _ x~, _