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Home My WebLink About1580 1. To plac~ and continuously keep on •he bu+!dings now or he~eafter ~~tuate on sa~d land an~ on sll equipment a~d pe.sa+ally covered by this enortg- ~g~, w~th •II prem~urtt? ~hereon pa~d i~ iull, fire insur~nce i~ the usual ~fsndard pol~cy form, ~n a sum approved by ths MORiGAGEE, +~d windarorm insursnce in ~ha usual itandard po~~cy (wm, in a sum approvrd by th~ MORTGAGEE, in such company or canpames +s the MORTGAGEE may direcr, and atl ti~e and w~nditorm insurance po~~c~es on any of sai~ b~r~~d~ngs, any interes~ therein or part the«of, in tM aggreqate sum aforesaid or In ~~ccess Ihtreof, sfiall tonlain the usval sundard matgagee dause w such olhcr dauss as the Mortgsgee may require, m~kirg the loss under sa~d pol~ ci~s, each and evcry, payabl~ to said MORTGAGEE as ~ts interest may appNr, and esch and eve?y such pot~cy shall be promptly au.gned a~d del~vered to ~ny held by said MORiGAGEE as fu~ther security to said mwtqage debt, and, not less than ten (101 days in advance of the e:pira~~on o1 each pol~cy, to de- live~ to sa~d MORTGAGEE a ~ec~ewal thc?eof, together wi~h a rece~pt tor N+e premium of such ~enewaf; and there s~all be no f~rs or windsto~m insurance placed on ~ny of said buildings, •ny interesi therein o~ parl the~eof, unless in tFx form'and w~tn the loas payable as a(oresaid; and in the event any •um of money becomes payable under such policy or policies said MORTGAGEE shall have ~he option to receive and apply the sart~e on account o~ the indebted- neu secu~ed hereby a ro ptrmit said MORTGAGORS to rcteive and use it or any part thereoi tor othcr purposes, .vlrhout th>rcor wai~ing or ~~npa~+- irp any equ~ty, liee? w right under or by virrve of this mo:tgage; and i~? Ihe event sa~d MORTGAGORS sha11 fo~ any reason fail to keep the said p~em~ses so insured, o~ fail to delivc? piomplly any of said polities of insurs~te to said MORTGAGEE, or fail promptly to pay fully any premium therefor or in a~y re~ped fail ro pafocm, discharge, execute, effect, complete, comply with ar+d ab~de by this covenanf, or any part he~eof, sald MORTGAGEE may piaca a~d pay iw iuth insurante w+ny p~rt thereof wirhout walving or affectinp ~ny option, lien, equity, w ri9h~ undc~ or by virtue of this Mortgage, +~d thc full amovnt of esch u~d every such payment shall bs immediately due and psyable and sAall bcar interest f~om the date thereof until paid a1 the rate of n~ne pe? centum per snnum and fo~Nhe~ with sucA interest shatl be secured by the lien of this mortgage. 1. To permit, tortunit or suffer no waste, imp+irment or deterwration of satd property or tny part thereof. 5. To pay all and singular thetosts, charges and expenxs, including a reasonable anorney's fee and cost~ of abstraps oi title, incurred or paid at any time by uid MORTGAGEE, because or in the event of the failure on the part ot the said MORTGAGOR to duly, p~omptly and ful~y pe~form, d~scharge. execute, effect, comp!ete, comply w~th a~d ab:de by esch and every the sY~pulstions, agreements, conditions, and covenants of said promissory note and thit mortgage any or e~ther, ~nd uid costs, charges and expenses, each and every, shall be immediately due and payable; whether w ~ot there be not~ce dr mand, attempt to cotkct w ~uit pend~ng; and the full amount of each and every such payment ihall bear interest irom tfie date thereof until paid at the rate of nine per centum per amium; and all said costs, charges and eapenses incvrred w paid, Iogether w~th s~ch intcrest, shall be saured by the lien of thif mwtg~ge. e. That (a) in the event of any breach of this Nbrtgage or default o~ the part of the MORTGAGOR, or (b) in the event any of sa~d tums of money he?ein refmred ro be not prompny and fully paid wi~h~n ~h~rty (30) days aeat afier tFx same sevaatly become due snd payable, without demend o~ notice, or (c) in the eveM e~ch ~nd eve~y the sfiputations, s9reements, cu+d:tions and tov~nants of sa~d pranissory note snd th~s mortgsge any w either are not ~uly, prompt!y and fully periormed, d~scnarged, eaecuted, effected, compieted, complied w~~h and ab~ded 5y, then in either or any such event tha said ag- gregste wm mentioned in said promiuory note then remaining unpaid, with ineerest accrued, and all mooeys xtured hereby, shall betoroe due and p~y- able fonhwith, a thereafte~, at the option of said MORTGAGEE, as fully and completely as i( ap of the said sums of money were orginally stipulated to be pa~d on s~ch day, anyfhing in sa:d promisswy note or in this Mortgage to the conlrary notwi~hstand'+ng; and thereupw+ w thereafte~ at the option of said MORTGAGEE, without notice or demand, suit at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby had matured pr~w to its institution. 7. That in the event that at the beginning of or at any time pend~ng aoy sult upon th~s Nbrtgage, o+ to forectose it, w to refwm it, or to enforce payment of any cla~ms hereunder, sa7d MORTGAGEE shatl apply to the Court having ryrnd~ction thereof for ~he appo~~tment of a Receiver, such Cour~ shatl Fortliwith appo~nt s receiver of said mortgaged property all and singulsr, includ~ng all and s~ng~la. the income, profits, issues and revenues from whatever wurce derived, each and every of which, it being expressty understood, is hereby mo~tgaged as if spec~lically set fath and described in the granting and habendum clauses he~cwf, and such Rcceiver shall have all the broad and cffeaive fu~ct~ons and powers in anyw~se entrusted by s Cou~t to a Receiver, and sLch appointment shall be made by s~ch Cou?t as an admitted equity and a matte~ of absolutr right to said MORTGAGEE, and without re(erence to the adeqvacy or ioadcquacy of the value of the property matgaged or to the so~ve~cy o. ~n3olvency oi said MORTGAGOR w the defendants, and that such rents, profits, irxome, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and'the prattite of such Courf. 6. To duty, prompt;y and fully perform, d~scharge, execute, eifect, complete, comply with and ab~de by each and every the stipulations, agreeme~ts, conditans and covenaros ~n uid promisswy note and this mortgage set forth. 9. That in tF~e event the owncrship of the mortgaged premixs, or any part thcreof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its succeuors and assigns, may, without notice to the MORTGAOR, deal with such successw or successor in interest with reference to this mortgage ~nd the debt Ixreby secured in the same manner as w~th Mortgagor w~thout in sny way vitlating or d~xhar9ing the Mo.fgagors' liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no lorbearance on the part oi the IAORiGAGEE or its sutcessors w assigns and no extension of the time fw the payment of the debt hereby secured given by the NIURTGAGEE or its successors w assigns, stiall operate ro ~eiease, discharge, modify change or aifect the original liab~iiry of the MORTGAGOR herein, either in whole w in psrt. 10. It is spec~fica~ly agreed that time is of the esunce o( th~s contract and that no wa7ver of any obligation hereunder w of the obligation sr a,red Fxreby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. tn add~tion to the forego:ng monthly payments of princ"pal and interest requ~red by the p~om~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee vvith each monthly pay.nent an add~rional sum est~mared by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: ' A-AU real property taxes lev~ed or assessed agaiast thc above described real estate. i B-Premiums on fire and winostorm insurance az here~n req~~red to be carried on the improvements situate on the above described premises. ~ C-Premiums on such mortgage guaranty inwrance as mortgagee shall irom t~me to time deem f~t to carry on the loan secured hereby. ~ Mortgagee shail from time to time notiiy mortgagor ~n wnt~ng of the amount due and payabk hereunder and such surn shall thereupon be due and ! payable on the due date of the next monthty payment and each successive month thereaft~r ur,til mwtgagee shall not~fy mortgago~ of a change in such ; amount_ Such sums shall be appiied by mortgagee toward the payment of real property taxes, insurence prem.ums, a~id mwtgage guaranty insurance premiums. ~ WITNESS WHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day a~d year first aiw ' ned, +kd ~live in the plesence of: _ / ~L~'~~ ~ ~ ` ~l/~'~ Sean ~ ~Sea4 ~ , ~ " (Sesl) (Seaq STATE Of FLORIDA ~ SS. cousvn oF S t. Luc i e ~ Before me personally appeared ~vs Prnrtnr _ A qi nQl g Ad~~l ~ ar,r i~i~ wiie, to me well known and known to me to be the individualy deuribed in and _ who executed the fwegoing instrument, and acknow{edged before me that 9he~ executed the wme for the purposes therein expressed. -Md-ti~e-sei~ wii~ ~~-N~e-s~ii ~pon s separa~e-sn~Fpri~ti eu.w~e~eta~bpt,+e ?akew-sepsra~and~ spe.r f~vnrhe~-se+~ husbe.+d-~~~v ~snd-befa~ methst she exeeoted~sart! lnstrompnt~rleyran~ ~vPt~er txiiy-awd-will~w~ wy? ~~rlsi~+~? ~owslr+inA r ~eriesr ~sf-sr -ironr Ners~id r LL WITNE55 my hand and official xal tF?is day of A D. 19S~S~ ~ ~ ~ ~ N ary Public in and fo~ the State of Horida.~t LarQe ~ M Commission expires: 1` ~ :a. Y! ~ ~ - Rltum 10: ~ , . ~ First Fedcwl Savings a loan Association ~ v . ~ Of Fort P~erce. ~ ' • ~ Fo~r Pierce, Florida p E C 0 R D ~ PtjB11C, $TATE of fIORIDA at IARGE ~ , E~ l,?. G :1 s~ 0~; N~ ~ F1 ~ _~_~r ~ ppYMISS~ON EX?ifi~S MR 24j 1964• ~ _ . _ .p~{! ~fl~ _ . - ~ - ~ ~ • 13 s , ~ . . - - P?~ 3 . ~ ~ _ - ' ' " ~ '~b t~i''' 2~ l~~t.3~~tj'j ~ ~ ~ " ' ~ ~ ~ _ . ~ jY. ~ . ' ' ' ' LU"~ RIDA y ; r. ; r LO ~ , A sQOK 141 377 ~ Y : ~ < _.M_-~__ y.__... . _