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Home My WebLink About1097 . , . , To plac~ and conrtnuovily keep a~ the b~itdirgs now o~ ha~ahtr utvate on s~id land ~nd on all equipmtnt ~nd pNSOe+ally tovered by this ~t+or1¢ sga, with all prtmivms thereon pa~d in full, fire insu~anta i~ 1M ususl slandard polity fo~m, in • ivm approvad by tM MORTGAGEE. and wi~torm ineuruict tn ths vswl itandard pol~cy tam, in a sum approved by ~M MORTGAGEE, in s~ch company or compa~Ia a tM MORTGAGEE m~y d~rMj u~d ~II tire +nd windstonn insurance po1K~e~ on ~ny of qid bvildtnps, ~ny interNt therein w put thereof, in ~M ag9~eyat~ wm afor~said w tn sxcess ~htreof, ~hall contai~ the uwal standard morrgage~ clause o~ sud~ o~ha claut~ ~s the Mutpagee may requu~. m+kinp IM lou ~~de~ sud poli~ cies. ~scl~ and evsry. p+Yabk ro s+W AAORTGAGEE as ~ts in~erest may ~ppsar, and each u+d every s~ch policy shall b~ promp~ly ats.~ned and delivered ~o •r.y held by said MORTGAGEE u further sec~rity to said mwtgapa debt, and. no1 less than ~en l10) days in advance of the eapir~tion of each polity. 1o d~- I~ver to said MORTGAGEE a renewal thereof, topelMr with a teteipt for the promi~m ot suth renewal; and the~e ahall b~ no fire o~ windstam insws~+c~ placed on sny of said b~ildinps. any interest therei~ w parl thereof, unteu in tAe fwm ~nd with tM bss payabl~ as afwes+id; and in tM ev~nt sny wm of rtaney becanes payablE u~der such policy a policies ~aid MORTGAGEE shall haw ~M option to receive and apply the samu on accounl of ths indebted~ ness sec~red hereby a ro permit uid MORTGAGORS to receiw ar+d use it or any part thereof fw o~~e. pwposes, wi~hout thereb~ waiving or ~mpa~r- ing any equity, lien or right unde~ or by virtw of this mottpage; ~nd in the ev~ro aid MORTGAGORS shalt fw any reaion i~il to ke~p the said pre~+~ses so ~nsu~ed, w fail ro deliver promptly any of s~id policies of i~surance to said MORT~'sAGEi, o~ fail promptly to pay fully any premi~m therefor w i~ ~ny resped iail to ps~form, dischuge, eaecute, ef(ec1, complets, comply wi~h and abide by this covenaM, or any parl hereof, ssid MORTGAGEE may p~+ce and pay for tuch insvrante ot any part thercof witho~rt waivin~ a affettinp any option, lien, equity, ot ~igh? ~nder a by virtw of this Mwt9spe, ~nd the full ~mount of each s~+d every :uch payment shall be immedi~tely dve and payable and shall Dear interest irom ths date thereof until paid at 1M rate ol n~ne per centum per annum and to~ethec with such interesf shall be secured by tM lien o! this mort9age. 1. To permit, canmit or s~ffer no waste, impairment w deterioration of uid property or a~y pah the~eof. 5. To p+y all and singulu the costs, charges and expenaes, iocludinp a ~easonable ~ttwney i fee a~d costs of abstracts of title, incurred or paid ~t any ~ime by sa~d ARORTGAGEE, because a in ~he event of the failuro on the part of the said MORTGAGOR to dvly. promptly +~d fully perform, dixharg~, execute, effecf, complete, comply with and ab:de by each and every the stipulations, agreements, cond~~ions, and cownan~s oi ssid promiuory note and thii mortgage any or either, and said costs, charges and expenses, each and every, shall be immediataly due and payable; whether w not ti+ere II! fAfit! d~ ~ mand, attempt fo tollect ot svit pending; ~nd the full amovnt of each and every wth paymtM shall bear interest (rom the dste thereof until psid ~1 the r.~re of nine per cenwm per aruwm; and aU said costs, charges and expenxs i~turred or paid, togelher w~th such imerest, shall be secured by tM lien of ttus mortgsye. 6. Th~t (a) in ~he evero af sny breach of this Mortgape a defaulf on the part of the MORTGAGOR, or (b) in the event ~ny of sa~d svms of mo~ey ; herein reFerred to be not promptly and fully paid within thirty (30) days nexl after the s~me severally becort~e due and payable, without demsnd o+ notite, i or (d in the event each and every ~he sripulatio~s, sgreements, conditions and coven~nts of ss~d ~xomisw~y note ~nd th~s mortga~e any or e7ther are no1 ; ~u~y, promptly and fully performed, diuharged, executed, effectcd, comp{eted, compl'~ed with aod abided by, then in e~ther or ~ny such evsnt th~ said +p~ gregate wm meNiaxd in said p~omiuwy note theo remai~ing unpaid, with iMerost acuued, end all moneys setvred hereby, iFWll become due and p~y- ab~e forthwith, or therea(te~, at the option of said MORTGAGEE, as fully and completely as if all of the sa7d wms oi money wera w2,~?nally stiputated ro be paid o~ such day, anything in said prom~ssory note w in this Mortgage to the contrary notwithstanding: ar+d therevpon a thereafter at the option of seid MORTGAGEE, w~thout notice w demand, wit at I~w w in eqvity, therefore or thereafter begun, may be prosccuted u if all ma~eys secvred hereby h>d matu~cd pnot to its institution. 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to fweclose H, or to reform it, w fo enfwp payment of any claims he?evnder, said MORTGAGEE shall apply to the Court hsving jurisdiction thereof (w 1he appointment of a Receiver, wch CouM shsll ferthwith sppoi~t a receiver of said mortgsged property all ~nd singular, includmg all and singular the income, p?o(its, iuues +nd revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mor?gaged as if spec~fica~ly xt fath and described in the y~anting and habendum clauxs hereof, and such Receiver shall have all the broad and effective functwns and powers in anywise emrusted by + Co~rt to a Receirer, and s: ch appointrrKnt shatl be made by such Court as an admitted eq~ity a~d a matter of absolute right to said MORTGAGEE, ard without re~erence to the ~ adequacy w inadequacy of the value of the property mortgaged w io the towe~cy or insolvency of said MORTGAGOR a the defendams, and that such ~ renn, profits, intome, iuves and revenues shall be applied by such Receivcr according to the lien or equity of said MORTGAGEE and the practite of suth ; ~ Court. ' 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply wi?h and abide by each end e~ary4he sfipulations, agreements, cond~tions and covenants in u~d promissory note and this mortgage set fwth. 9. That in the event tF~e ownenhip of the mo~tgaged premises, or any part thereof, becomes vested in a persen other than the MORTGAGOQ fhe MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successo~ or wccessor in interest with reference to this ~ mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w discharging t?'ie Mortgagors' lisbility hert under w upon the debt hereby setured. No ule of the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE w it~ successors ~ or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or it{ successots or assigns, ahall operate ~ ro release, d~scharge, mudify charye or affect the wigioal liability of the MORTGAGOR herein, either in whole or in psrt. 10: It is spedfically agreed thst lime is of the essence of this tontract and that no waiver of any obligation hereunder a of the obliyation sr cured hercby shall at any time thereafter be held to be a waiver of the temn hereof a of the instrument secured•herby. 11_ In add~tio~ to the forego:ng monthly payments of princ pal and interest requi~ed by the promissory note sctured hereby, morfgagor tovtnants and agrees to pay ro mortgagee with each monthly payrnent an add~rio~al sum est~mated by mortgagee to be equal to i/12 of the annual cost of the follow- in~]: A-All reai property tazrs levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as hercin requ~red to be carried on the improvements situate on the abo+e described premises. G-Premiums on such mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. ~ Mortgagee shafl from time to ~ime norify mortgagor in writing of the amovnt due and payable he?eundrr and such sum shall thereupon be due and Fsyable on the due date of the next monthty payment and each svctessive month thereafter ur.til mortgagee shall nofify mortgagor of a change in such ' ~ a^~ount. Such sums shall be applied by mortgagee toward the payment of real property ta:es, insurance prem:ums, and matgage g~a?anty insunnce ~ ~ p~emiums. • ' N WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ear first afor ~ ' ned, and del' ed ' ~ presence of: • i n - . _ ~.,n : ~ n--~ , ~n 7ATE OF fLOQ10A ~ Lucie ~ ~ouNrr oF St. ~ra~ a~~~r +ppeared Garrie Johnaon. a single adult ~M~t 1iAfe, to me well krawn and known to me to bs fh: individw described in and who executed the foregoing instrument, and scknowledged before me that ti~~xecuted the same for tl?e purpoaes ' tir~ i therein enpreued. Awd.tisMi1 ~ f ~ ai~.aod prirat~.. eiamioatior6.F~r.~~+w+~~-+o~~~-`=~•~•~~ii~hr.d..w4ww~{srg~iM~.d.!»i«r.n?N~.t~be~ewe«»ei.si~•.M" tw~w R~I~r«~i•~~lrw- ; ~ac~4r ~ad.~ritbori.a~~r w~pulaiory s~wwa'rM•+pprois~a~o~?•o~ fea~ ~w~ww~ ~s?wNl irsMwd. WITNESS my hand and official seal this T,tQe~.__ day of A. D. 19~ £ - ~ ~ • Notary PuWic in and for the Stat~ of florid~ et larpe t ,•,t..ti~.ttttlrc.; My COmmis~sion e~t(~i(,es: S~ O~ ~Idi it ~ Retum Tw , ~ ~ rl~ll[. First Federal S~vugs ~?s~c~at~o~ ~ay Cowwissioo ExPi~ S~ Z3. 1969 Of Fort Pferce. ' M~1~ h A~Kr fr~i Gw~Yy fi. ~ ~ort Pimte. Florida + ~ ~ ~ ' ~fIlEO AND RECOR ' ~ ~ ~ UCIE ~VERI Y~ - • ~ ~ . , . . ST.RECORD FIEO o ~ j c • : i, : . 1a83'~2 " ••r '61 JUl 21 PM 3 : 08 ;.j,~r . ~ : - d~~ . j.~~~~.:~.~ - /~r~CO ~~,ERK CIRCUIt COUf~7 _ 800K~V7 PACE1O97 f v.~!~'~,,,~Q ~ ~ {,1~ - ' _ ~ . - .+':`s F ~ - Y~ . . ~,3^~.',~