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Home My WebLink About2624 1. To pl~c~ and coe?tt~ouily kNp on IM buitdinpi now a Mre~frM ~iwat~ on said I+nd and on ~II equipm~M u~d pKSOe+lly covN~d by tNc n~artp~ p~, with ~11 pr~eniwns tl+Kwn paid in full, fir~ insur~nc~ i~ ~h~ uwal st~ndud ~policy form, in a twn approv~d by tM MORiGAGEE. and wir?dstorm h~w~na In Ih~ ~w+) ~urKlud policy form, i~ a ium approv~d by tM MORTGAGEE, in ~vch comp~ny a compania +s the MORTGAGEE may dinctj ~nd all fk~ u+d wind~lwm intw~ew~ policiei on u~y of said build~np~ any tnMr~st the~eie w parl tMnof. in ~t~e a~reyat~ wm ~tataW w In ~xce~s IM~wi, th~ll cont~in tM uswl st~~dud mortpa9ea claus~ a iuch othe~ clavs~ ~s tM Mwt~a9se may rpu'a~, makinp tl» loss v~ s+id pd} t d~s, ~ad~ ~nd ~wry. paYabl~ to ~aid MORTGAGEE as its inre.eif may ~ppear. and cach u+d ~very s~ch policy ~MII b~ promptly ass:~ned and delivt?~d to ~ ~ny Mld by ~aid MORTGAGEE ~s fu?tMr security to s+id morty~gs debt. and, nw lau ti?~n t~n (10) d+ri 1~ +dvaoc~ of tM ~xpiration of ~ach policy. to d? ( (iv~ to uid MORTGAGEE a r~w~l therwf, toyethac wi~h a rece~pt fw tM promium oi such renewalj and ~h~n shall b~ no f'u~ « wind~~am iniur+nc~ plapd on ~ny of said b~ildirgs, any intaat tMreie+ or p+rt thereof, u~leu in the fwm ~nd with the ~ou p+yable as ~foresaid~ and in th~ ~vMt any swn ~ of nqrNy bacpn~~ p~y~bl~ wwl~ wch policy w polici~a said MORTGAGEE shall F?~w tM option to receive and ~pply the ~+m~ on +ccouM of tM ind~bted- ; n~at s~cwed h~r~by w 1o p~rmit s~id MORTGAGORS to receiw ud us~ it or any part thereof for otF?er purposes, without ~hmeb~ waivi..g o~ ~mpaK- ~ k+p ~nr puity, IiM a ripht unde~ w by virtw of this mort~aqe: ~nd in tM ~wM s~id MORTGAGORS shall fa any reawn fail ro keep ths said pr~mises ~0 4 Insw~d, or f~ll b dtliw? promptly uy~ of s~id policies of i~sv~anc~ to said MORTGAGEE, w fail promptly to pay fully +ny premium therefor a in ~ny nip~d fdl w p~rform, discharye. ex~cut~, effect. compl~t~. comply wirh ~+d abids by this mvenaN, a ~ny pa.t lareof, s+id MORTGAGEE may plsce and paY fa wch Laura~c~ w any p~rt tMreof wishovt w~ivinp a ~ffectinp any option, tien. puiry. or riyht under a by vi.tw of thts Mortqaye. ~nd the full aenoimt oi ~sch and ~wry wch paym~nt ih+ll b~ imm~diately dw and pyabl~ ud shall bear interest from tM dat~ thereof w?til p~id ~t tM ran ol nin~ p~r pnwm pK aruwm a~d toyether with wch interes~ :hsll be secvred by tM lien of this mwt9~ye. I. To p~rmN, oommN or wffer no wast~, impairma+t or dtte?iowtan of said property o? ~ny p~n thereof. S. To p+y all and sinpular tht cous, cha?~es and expenses, includirg a rea~auble attorney i fee ard cosn of ~bstncls of tids, incun~d w p~id at ~ny tinr by said MORTGAGEE, b~caus~ w in tM went of the failure on th~ part of the aaid MORiGAGOR ro duly, promptly and fully perfwm, dixhu9~, ~xscv», ~ffect, complN~, oomply with ud ~b~de by e~ch and every tAe :tipularioos, .gree~nents, mndir~ons, and cow~++nn of sa~d prom~ssory not~ and ~ha morepap~ any or eithsr. u~d s~id costs, cMrqe~ and expenses, each and every. sl+~ll be immedutely due and p+y~bk: whether or not tAere b~ notice d? muid, ~tt~mpt to eolbct a wit p~ndingt and th~ Full amovnt of each and wery wch p~yment shall bear intsroit from th~ date thereof until psW at th~ rar. of ntn~ pe. c.nrum per annum; and all s.~d oosn, charQ~s and expenses incu~r~d a p+id, together w~th such inta~st. ~U b~ secwed by the li~n of tha ^+orq+p~. 6. TA~t (a) in ths ~vent of any breach of this Mwtpag~ w default on the part of the MORTGAGOR, or (b) in the ewM ~oy of s~~d swro of money h~rN~ reftrnd to bs not promptly and fully paid within thirty (30) days oexl after the same sevcrally become due snd paysble, without d~mand a notic~, or (rJ M 1M ~vent eath ~nd ~very tFK st~pulations, agreemenn, conditions a~d covenann of w~d promissory note and th~s mortp~e any or eithar are no1 ~uly, promptly ~nd fvlly perfwmed, disdwrged, executed, effected, compltted, canpliad with and ~bided by, tMn in either ~~ny such ~vsnt tM aid aQ~ pr~yat~ wm mtntarwd tn s~id promissory note then remainiag unpaid, with interest ~cuued, and all mo~eys xtwed. hertby. sh~ll become dw a~d pay- abl~ forthwith, or tMr~ah~r, at the option of said AM1ORTGAGEE, ss ivlly ~nd completely as if all of the said sum~ of ma+ey vircre w~pinally atipulattd ro b~ p~id on ~~ch dsy. ~nythiny in sa;d promiuo?y rate w in this 1Nortgaye ro the contrary notwithsundinp; ~nd thereupon or theresfter at the optan of t~id MORTGAGEE, witFaut notic~ w demand, wit at law w in eqvity, ther3fwe w thereafter begvn, rnay b~ pro~ecut~d as if all moneys setur~d Mr~by Mi) rtwtu~rd pr'wr to iri institution. 7. TMt in fM evenl that af the begin~ing of or st any time pendi~g any wit vEwn this Mortyage, or to iorsdose it, w fo refonn it, or fo enforp paym~nt of any dairm hereunder, a~id MORTGAGEE shall spply to the Carrt having jviisd~ction thereof fo~ the ~ppointment of a Receiver, wd~ Covrt shall forthwith ~ppoint s receiv~? of sai~! mwf9sged property all and sing~lar, includ~rg all and si~gvlar the income, profits, iuue~ ~nd rewnues from whatever wura daiwd, eath ~nd ~wry o# which, it b~ing ~xpressly understood. is hercby mwlgaged as if specifically set forth and destribed i~ the 9rantinp and habendum cla~nes hereof, ~nd s~d+ Receiver shall have +II the broad and effective functio~s and powers in anywise emrwted by • Courf ty ~ Recciva, and ~uch ~ppoinien~nl ~hall t» mads by wch Court as an admitted eqvity and ~ rtwlter of absolute right to s+id NWRTGAGEE, and without tefsrenu ro tM ~dpusty ot inadeqwcy of the wtue of the property mortyaged w to the soNency or insolvency of said MORTGAGOR a the defendants, and that such ; r~nts, profib, ineorm, issues and revenues ahall be applied by such Receiver accordinp to the lien or puity of said MORTGAGEE and the practice of such i Couff. ~ 8. To -!uly, promptly ~nd fully perform, disthary~, execute, effect, complete, oomply with ~nd abide by exh u~d every tFM stipulations, ayrsunsnh, condkiom and ooven~nn in said prombsay note a+d this morfysge set forth. ~ 9. That in tM evem tl~e ownenhip of the mortgsyed premises, or +ny pan thereof, bccomes vested in a penon other thsn the 1NORTGAGOR, th~ MORTGACsEE, lri wcusson ~nd ~upn~, may, withow notice to the MORTGAOR, de~l with such succ~tsor or Mxussor in interest with refere~ce to thb mort~p~ and tM debl hereby setuted in th~ same msnner ss with Mortg~gor w~thout in any way vitiarirg a d~scF~arycrg the Mo.rya9as' Iwbility Fkrr under or upon the debt hereby secvred. No sale of the premises hereby mortgaged and oo (wbear~nca on ~he psn of tM MORTGAGEE w in wcceuwa w ~uipro and no extension of the time for the payment of the debr hereby secured qiven by the MORTGAGEE or its successors or ~uigns, ~hall operatt to nleau, distMr~e, modify change w affect the wg7nal liab~lity of the MORTGAGOR herein, either in whole w in part. 10. It is specifitally ~reed th~t Yune is of the euence of this contrstt and thst no waiver of any obliyaYan hereunder o? of th~ obliy~tion se~ i cund Mrsby sMII at any time thereafler be lxld to be a waiver of the terms herwf w of the instrument secured herby. 11. In additan to the fwego:ng monthly payments of princ:pal snd interest required by the promissory nore secured hereby, mortyagw covenanb and ~yrets to pay to mortgsyee with each monthly paymcnt an addiiional sum estimated by mortgagee to be equsl W 1/12 of the ann~al cost of the follow- iny: A-All real property tazes kvied or assessed against the above described resl estate. ' ~ 6-Premiums on fir~ and windstwm insurance as F~erein requ~red to ix urried on the improvemeMS situate o~ the above described premises. ; C-Premiums on such mortgag~ pwranty insurar~ce as mortgsgee shall'from t~me to time deem fit ro c+rry on the losn secured hereby. ~ Nbrtya9ee ahall from time to Yune ~otify mortgagor in writirg of 1he amount due and payable htteunder and such s~m shall thereupon be due and payaWe on the due dafe of the next ma~thly psymeM and each successive month thereafter urtil mortgagee shall notify mortgagw of • charye in such amount. Suth wms sh~ll be ~ppfied by mortgagee toward the payment of resl property taxes, insurance prem~ums, and mortgsge guaranfy inwnnce 4 premiwro. ` IN N aid MORTGAGOR hss hereunto set his hand and sesl the da and r fint afores~id. ~d. ,vered in tM presence of: ~ , ~n 1 - •n ! ~ n ~ STATE OF FLORIDA ~ ~ S t_ Luc ie ~ae ~ ~,,~~h, ~~a~ .T8Iri83 D. MOOt~ Laura E. Mooty ; his wiie, to me well known and known to me to bs ~ ths ind'ividwb desvibed in snd who executed the fore9oiny instrument, ~nd adcnowkdged before me that tF~ey exewted Mre-s~me fw the purposes rherein ~xpnsud Md th~ sa'~ LALl2' 8 E. MOOty _ wif~ of th~ said aT8IT189 D. MOOtF ~ , vpcn ~ separate and privat~ ex~mirwtwn by me hken sep~rate and apart from her said husband, adcnoMrledged to and befo~e me tMt she executed said instrument freely and volurr terily and withovt ~ny compubion, constraint, ~pprehenian,Br fear of w from her ssid husband. WITNE55 my hand ~nd official seal this ~~T day of A D. 19~1~ ~ - T Notsry Pu in end fw tM State of Florida ~t Lups- ~ My txpires: Refum To: 4 _ Firs~ F~dual S~virgs 6 loan Assoeiatan ~~~~;~:;_,~r.., ~.otary c. S;ate o' r;oncla at ~arge ; du . . • My Cc,;,m oc ~ ~a Aug. 1967. O G/G ~ ~ Of Forr Pierce. 0~~.~ r• ; 8onded ~y Amersca~ Surety Co. of N, Y, d : fOrt Pierce, florida . ~ ST LL C E COUNTY ~FLq, Q ` v " RECORD . ~ ~ VERIFIED ~ ~ ~ : ~ ~ ~ 2 5 ~ ~ ~ '6T I~AR 35 Q . ~ : 3 I ~ v . . . 0 5-a~ • ;?:r,;:;;,,•~` :=O~ER POiT~aS 600K164 PAGE~~21 CLERK CIRCUIT COURT _R I.:>'v~,• , ~ - ~ ~ _ ~ ~ . _ - ^'~s: sx--~~?€~ ~ ~ ~ ~ "