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Home My WebLink About2041 1 To pl~c~ u?d continuously keep on ~he buitdinps eww w M.whK s~rua~a on s~id land and on all equipnent ~nd pKSOnally cov~r~d by this mortp~ sge, w~th all premiwns thereon pa~d in fuil, fire i~suranc~ ~n the usual stu~dard pol~cy fo~m, ie? a sum approved by IM MORTGAGEE, and windstorm ~nsur~nc~ in tM wwl ~undard poGq fam, in a wm approved by ~M MORTGAGEE, in i~ch company a comp~ni~s as tM MORTGAGEE m+Y ~ d~recr, ~nd all tin ~nd winds~um inwrance polK~es on a~y o( ia7d build~n~, any in~erat tF?erein or put IMreof, in iM ap~re9~t~ ~um afa~said or in ~xuss thc~eof, sMll contain tM uiwl sqndud mor~~ay~e claus~ a sucl+ o~he~ ctautis a~hs Nlorrya~ may rcquin, maMinp ~M lou und~ ~aid po1F . c~es, ~ach and every, payable w said MORTGAGEE as its in~erest may ~ppear, snd each and eve~y s~ch poiicy sMll be promptlY au pned +nd dtliv~red to any held by ss~d MOR~GAGEE as furtha iccurity to said mortgags debL and, not ku than ten (f0) days in advance of 1F+e eap~ration of each polity, ro dr t~ver to said MORiGAGEE a renewai theroof, togetlur with a receipt fa the premium ot wch re~+ewa1; and there shall be no f~re w windstam insu~+nc~ ptaced on ~ny of said buildings, sny intereil thcreie w p+rt thereof, unteu in the form and with the lou p+Yabl~ ~s afats~id; a~d in the evsnl ~ny sum of mon~y becpnes payabt~ under wch polity or policies said MORTGAGEE ahall have the option to receive and apply the sama on acco~M of ths indebt~ ness ~ecured ha~sby w 1o permit said MORTGAGORS ro reteiw and use it w any part the~eof fo? oihc~ purposes, withoul the.eb~ waivi~ig or ~mpair- ~ng any eqvity, lien a ripht under a by virtue of thii mo:sga9e; and in 1he went said MORTGAGORS shall for any reaaon fail ro keep the aid p?emisei so ~nsu~ed, or fail ro delive~ promptly ~ny of said polities of i~suia~te to said MORTGAGEE, w fail promptly to pay futly sny premium (~1er~fo~~ o? i~ a^Y respect fail ro pe~fa~n, dixharge, e:ecute, effed, complets, comply with and abide by this covenant, a+ny part !?ereof, said MORTGAGEE may pbce and ~ pey fo~ such insu?ance a ~ny part ~hereof without waivinq w ~ffectinp ~ny option, li~n, equlty, w right undK or by virtu~ of this Mortyap~. a+d the ! t~ll smount of each and every such psyment shatl be immediately dw snd piYable and sMll De+r interest from tM dat~ thereof until paid ~t tM ?at~ 01 ~ n~~~e pe? centum per annum and together with such interest shsll be secured by tM 1'ien of this mort9age. ~ 1. To pamit, commit or svffer no waste, impairmeM or deteraratiw~ oi said prope?ty ur a~y part thereof. 5. To pay all and s~ngular the costs, charges ar+d expenx~, includinp a reasonable attwney i fee and costt of abib~cts of tiNe, incurred w pa~d at any time by sa~d MORTGAGEE, beuuss a in the went of the failur~ on the p+rt of the said MORTGAGOR to duly, p?omptly •nd fully pe.iorm, discF?Hye, execute, ef(ed, compkte, tomply with and ab:de by each and every the ~tipulstions, sgreeme~ts, conditions, and covenanb of said promiswry note +nd thii mongage any or eithcr. and said cost~ ch~rges snd expenses. each and every, shall be immediately due and payable: whethcr or not there be r.otice d~ mand, attempt to collect or s~it pend~ng; and the ful) amounl of each snd every wch payment shall besr interoit from the date tl?ereof u~til paid +1 the rare ot nine per centum per annum; ~nd all said costs, charges and expt~ses inturred or paid, topelher w~th such interest, sh~ll be setu~ed by ths lien of this mortyspe. ~ 6. That (a) in the event of any brcach of this Matgsge w defau~t on the part of the MORTGAGOR, o? (b) in the event any of said svms of money herein referred to be not promptly and fully paid within thirty (30) days next sfter the same severslly become due and piyable, witFwtit dertand o~ notite, or i~ the event eath a+d every the stipulations, sgreemeots, condifions a~+d coven~nts of sa~d promiuay nole and tha mwtpage any or either a~e nol i~ly, prompNy and iully performed, dacFwrged, executed, eifected, compkted, compl~ed wi~h and abided by, thcn in e~ther w anY such evs~t th~ uid ag gregate wm memioned in said promissory note ti~en remaining ~npaid, with iote~est acaued, and all moneyt secured hereby, shall become due snd pap able forthwith, w thcreafter, at the option of said MORTGAGEE, as fully and completely as i( all of the said wm~ of moaey were wigin~lly stipulated to be paid on such day, anythirg in sa;d promissory note or in this Mortgage to the contrary notwithstsndi~g; and thereupon or thereafter at the option of sa:d MORTGAGEE, without notrce or demand, suit at law or in eqvity, therefwe or thereatter begun, may be proxcu~ed ai if al~ moneys searred hereby ~ nad matured pnor to i1s institution. 7. That in the evmt that at the beginntng of or at any time pendir+g any suit upon this Mortg~ge, o~ to faeclose it, or to reform it, w to enforu payment of any ctaims he?eunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the sppointment of s Receiver, such Covrt shell forthwith appoint a recave~ of said mortgaged property alt and singubr, includ~~g aIl and sirgular the income, profits, iuues and revenues from whatever source derived, each and every of which, it being exp?essly understood, is hereby mortgaged as if specificatly tet forth snd destribed in the grantiny and ~ habendum clauses I+ereof, and such Receiver sha~l have all the broad and effective func~~ons and powers io anywise entrusted by a Court fo a Receiver, end ::;ch appointme~~t shall be made by such ~ourt as an admitted equity and a mattet of absolute right to said MORTGAGEE, and without referente to the ad•_q~aty a inadequacy of the value of the property mortgaged or to tFx soivency or insolvency of said MORTCaAGOR a the defendanri, and that such re~ts, profits, income, iswes a~d revenues shall be applied by such Receiver xcording to the lien w equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and futty perform, discharge, execute, effect, comptcte, comply wi~h and abide by each and every the stipulations, sg?eemenn, ; conditaro and covenants in sa~d promissory note and this mortgage set fwth. 9. That in tF~e event the ownership of the mwtgaged pre*nises, o~ any part thereof, becomes vested in • person other fhsn fF~e MORTGAGOR. 1he h'.ORTGAGEE, its successors and assigns, msy, without ~otice to tfie MORTGAOR, deal with such successor w wccessor in i~terest with reference to this . n,o~tgage and the debt hereby secured in the same mam~er as with Mortgago~ withovt in any way vitiating or discharging the Mortgago?s' liability here- u~der or upon the debt hereby secured. No sale of the Fremises hereby matgaged and no fwbearance on the par~ of the MORi6AGEE or its s~ccessors ar assigns and no extension of the time fa the payment of the debt he~eby secured given by the ~~ORTGAGEE or its svctessors or auigns, ?fia~l operat~ ro release, d~scharge, modify change a afiect the o~~ginal liability of the MORTGAGOR herein, ei!F~er in whok w in psrt. 10. It is specifically agreed that time is of the essence of this contract ~nd that no waiver of any obligation hereunde~ or of the obligsf'~on sa cured Fxreby shaU at any time thereafter be held to be a waiver of the tem~s hereof o~ of fhe instrument secured herby. 11. In add~tio~ to the fwego:ng monthly payments of princ"paI and interest required by tF~e promissory no?e secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addi~anal sum est~mated by mwtgagee to be equal to 1/12 of the annual tost of the follow- iny: A-All real propcrty taxes levied or assessed against the above deuribed reat estate. i B-Premiums on fire and windstorm insurar.te as herein requ:red to be carried on the improveme~ts situate on the above described premises. I C-Premiums on such mortgage gva~anty insurarce as mortgagee shail from t:me to time deem fit to tarry on ihe loan secvred hereby. i Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder snd suth sum shall thereupon be due and ~ ; 3yab!e on the due date of the next monthly payment and each svccessive month thereafter ur.til mwtgagee shall ootify mortgagor of a change in such ~~,ount. Such sums sF~all be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage uaranty insurarxe ( cremiums. i IN WITNESS WHEREOf, the wid MORTGAGOR has hereunto xt his hand and seal the day a sr firsf afor ~ Seal a ed in the prexnce of: i - ~ ~ •n ~ ~n STA7E OFFLORIDA ~ S5. cour~n oF ~t~.. Lucie Before me personally appesred Franklin ~i H8Z'Y'18 and ~ V~l e ri e V_ Harri s his wife, to me well known and known to me to be ; tha individuats described in and who executed the foregang instrument, and acknow!edged befq te me trat they executed the same for the pwposes i therein eapressed. Ard fhe sai, , V81erl@ v. l18Z'rls ~ ~;fe of the wid Franklin A. ~82'I'19 upon a sepsrate snd private exar.~~nation by me taken separote snd apart from her said husband, adcnowiedged b and befwe me that she exetuted said instrumeM freely and volur?- ra~,iy and without any compulsion, constraint, apprehensi~w feu of w from iier said husband. WITNE55 my Aand and official seal tbis fD dsy of A. D. 19~ s~ ' Notary P K in end fw the State of Florid~ ~f Lupe My ~ssion expires: Rewrn Ta F_::,.. S[at° oi r+_nda at Large ~ First Federal Savings a loan /lssociation _ . , Of F«r P~erce. - , j r~r ..i [ ^ ::r.;isH9r ~a;i +=1;- b. 1~11 " {~`j :.~f ~,'~.:::_a:.i.4~SCo-~e::i W_1 , . fort Pierce. Florida 1~' J~ _ v • RECOROEO . f ILED ANO NTY. F~?. r r: J`_ o=- ~ S7. IUCIE COU _ ; RECORO VEF~~tEO _ . . ~ : : s - v j . ' ~ 159~i4 = Q : i~ : _ I ~ ~ 58' ` ; '61 AUG I AM • . , _ ~ . u ~ , ~ ~ T ~S ' . . t ~9 `./~V ' R em~16? PACE204i J~~-~~ Q~ CLERK CIFtCU1T COUR7 ~ ~ , - - ~ • - - - - - - - - - _ ~ ~ , , : - - - ~ _ _ . . " . " . . "g~ _