The URL can be used to link to this page

Home My WebLink About0261 ~ ~ t 3. To pl~t~ ~nd continuously k~ep on ~M buiid~nys now a Mresfttr ~itu~t~ on said I~nd and on ~II eqvipmtnt and p~non~lly covKed bY thi~ mortQ~ sy~. with all premiu~t thereon pa~d in full, tire insur~nce in ths uiual sundard policy fwm, ~n ~ ~~m approved by tM MORiGAGEE. and windstwm iniwana i~ ~M viual ~tandard policy fam. in a sum approved by ths MORTGAGEE, in u+ch comps~y w comWn~~s ~s ~M MORTGAGEE may dir~ctt ~+d ~II fi~~ +nd wincktorm insurann poliues on sny of aid buiid~nys, a~y i~t+rest the?ein w pe~f thereof, in tM a~qreyN~ tum afot~said or In txceti Ihereof, shall contsin the usu~l ~undard morlga9e~ tlaus~ w iuch other claut~ st th~ Mortpayes may rpui~~. makl~p ~I+~ loss unde? aid po1} cia, sacF~ ~~d ~very, payable to s~id MORTGAGEE as it~ intereit may ~ppN~, ~nd e+ch and every ~~ch policy fhall be prompt~Y ~u:9ned and detivHed ~o •ny MW by ~aid MORiGAGEE ~s furtM~ tetvrity to said mat9a9t debt, ~nd, not less tMn ten (10) days in adv~nte of the txpir~tan of e+th polity, to d~- liver to a~d MORTGAGEE • renewsl Ihe~wf, topetMr with a rete~pt iw the premiwn of such re~+awals and then shall be no fire o~ winds~am I~urant~ pland on ~ny of said build~np~, ~ey interat ther~in or part the~wf, vnleu in tM forrti and with tM lou p+yable +t afwesaidt and in tM evenl any wm ; ~f mawy becanei p+Yabl~ ~~der such poliq a policies uid MORTGAGEE sMll Mw ~M option ~o receiw a~d apply tM s~ms oe ucou~t o~ tM ind~btad~ ; n~u sKVr~d Mreby or ro permit said MORTGAGORS fo ~Ke~ve and us~ it or any part thereof for othc~ purposes, without Ihereb/ waiving w ~mpair- ~ Iny ~ny puily, lien or ripht under w by virtw of this mortyaqej and in tM went uid MORTGAGORS shal) fa any reason f~i) fo keap the iaid premise~ w insvred, ot fail ro deliver promptly ~ny of said polities of insunnte to ssid MORTGAGEE, or fail promptly to pay_ fu~ly ~ny premium therefw w in any ~ re~pad f~i) b perfam, dischugt, execute, effed, tompbte, comply with ~nd ~bid~ by this covenant, a any part hereof, tsid MORTGAGEE may pl~ce +nd j paY for wch uyurancs w ~ny p~n thereof without waNinp or ~ffedinp any option, li~n, puity, a right onde~ or by virtw of this Mortp~y~. and the full ~movnt of each and ~wry such payment shall be immedi~tdy dw +nd p~y+bl~ and shsll bear intaest f~om ths dat~ thcreof ~?ntil psid s1 tM rat~ 01 nin~ p~r centum per annum and togethe~ with sucA interest shsll be tacured by tM lien o1 thii ,nort~+pe. , To psrmlt, comrnit or tuffer no wast~, impairment or dcteriora~ion of said p~operty o? +ny p+rt iha~of. S. To p~y +11 and sinpulu tM ~cost~, ch+rpes ~nd expenses, incl~rdinp + rossonable attaney's fee and costs of abstracts of title, incu~~ed or p+id at any Y~me by said MORTGAGEE, because w in the event of the failure on the pa?t of the s~id MORTGAGOR to duly, promptly ~nd fully pe~fwm, diuhar94 a:ecute. ~ffect. complete. comply with and abide by each and every the iYipulations, ayreements. cond~tions. and cownants o( said promiuory note and ?hit mwtg~pe ~ny w ei~har, and sa~d costs, charges and expenKS. e+ch ar+d every, ih+ll be immediately due and paysble: whether a not ~here b~ notice ds m~nd, attempt to colled or suit pend~ng; snd tFa full amount of each and every such paymem shall bear Intersit from the date thercof until paid at the rate of nine per centum pe? annum; and all said cdsts, chsrges and expenses inturred or paid, togelher w~th s~ch interett, shall b~ astured by 1M lisn oi thii monpaye. e. TMt in tM eveM of any bresch of this Mortgage or defa~lt on the pan of tF~e MORTGAGOR, w(b) in fhe event ~ny of s~id ~vms of morey herein referred to be not promptly and fully paid within thirty (30) days next afte~ ~he same severally become due and payable, without demand w notite. or in ths evMt each and every the stiputaYions, agreemeros. conditions snd cover?~nn oi sa~d promiuory note end th~s mortpaye any w eithe? ar~ not iuly. promptly ~nd fully perfwmed, dischuged, executed. ef}ected. tompleted, complied with snd abided by, then in either a any wch evtnf the said a¢ presab wm mentaned in said prom~ssory note then remainir?p unpaid, with inu~est ~ccrued, and all moneys secured hereby, aMll becomt dw and pay~ able forthwitFy a there~iter, ~t the option oi said 1NORTGAGEE, as fully and completely as if all of the said wms of money were aigir?~Ily stipulsted to be paid on svch day, anything in sa~d promissory note or in this Mortgage ro the contrsry norw~thstand~ng; and thereupon w the~ea(ter ~t tfie option of sa;d N10RTGAGEE, w~thout notice o~ dcmand, suit at law o~ in eQuity, therefwe or thereafter begun, may bc prosecuted as if all moneys secured hereby _ } had matu~ed {xior to its inatitution. 7. That in the event that at the beginnirg oi or at any time pending aoy suit upon this Mortgage, a to fweclose it, a to reform it, or to enfwcs , paymenf of ~ny claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fw Ihe eppointment of s Receiver, s~ch Court shall ~ fortFiwit'~ appoint a receiver of said mwtgaged property all and singul~t, includ~ng all and singvlar the income, profits, iuves ~nd revenues from whateve~ wurce derived, e~ch and every of which, it being expressly understood, is hereby mortgaged as if specifically set fwth ~nd desuibed in the y?anting and habendum dausei hereof, and such Receiver shall have all the broad and effecrive funu~ons and powers in anywise entruated by a Court to a Receiver, and :uch appointment shall be made by such Court as an admitted equity and a matter oi absotute right to said MORTGAGEE, ~nd wi~hout reference to ths adequ~cy a inadeqwq of the va~ve of the prope~ty mortgsged or to the soiverxy or insolvency of said MORTGAGOR or the defendantf, and that tuch rents, profib, income, iuues and revenues ihsll be applied by iuch Receiver accordmg to the lien or equity of said MORTGAGEE end the~practice of tuch CouA. _ 8. To duly, promptly snd fully perfwm, diuharge, execute, effect, complete, comply with •nd abide by esch and every fhe stip~rlations, agreements, ! conditans snd covenants in said promisswy nots and this mortgsge xt forth. ' _ ~ 9. That in the event the ownership of the mortgaged premises, w•ny part thereof, betomes vtsted in a per~n other than the MORTGAGOR, the MORTGAGEE, its succeuors and suigns, may, without natice to the MORTGAOR, deal with such s~ccessor w successor in interesl with refcrence to this mortg~ge aod the debt hereby secured in the same manner as with Mortgsga without in any way viriating w diuharging the l~lortgagors' liability hertr under or vpon the debt hereby secured_ No ssle of ~he premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE oI •its succesaors or assigns +nd no extension ot the time fw the paymen~ of the debt he?eby secured given by the MORTGAGEE or its successws or auiyns, shall operate to releue, dixhargs, modify tharge or affect the o?igi~al liab~lity of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the esunce of this cont~ad and that no waive~ of any obligation hereu~der w of the obligatan se- c~red hereby shall at ~ny time thereafler be held to be s waiver of the terms hereof or of the instrument secured herby. _ 11. lo addition to the forego:ng monthly payments of prin~ pDl and interest required by the promiswry note secured hereby, mortgagor tovenants and agreea to pay to mortgagce with each monthly payment an add~rio~al sum est~mated by mortgagee to be equsl to 1/12 of the annual cost of the follow- ing: A-Atl real property ta:cs levied or assessed against the above desuibed real estate. f B-Premiums on fire and windstorm inwrance as here~n requ~~ed to be carried on the improvements s~tuate on the above described premises. { C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. ~ Mortgagee shall from time to time notify mortgagor in w?iting of the amount due and payable herevnder and such sum shalt thereupon be due and ~ payable on the due date of the next monthly payment and each successive month thereafter urtil mortgsgee shall not~fy mortgagw of s change in such amount. Such sums ahall be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage 9uaranty insurance premiums. ~ N WlTNESS UVHfREOf, the uid MORTGAGO has hereunto xt his hand and seal the day sqd year first sforasaid. a li ed ' ~ ~ ' ~ry ~ ~fr s~ ~•n - i STATE OF FLORIDA ~ ~ St. Lucie ~ { couNrY oF Before me personstly appeared H rbprt W Pri eSter and ~ Mavi 5 Pr iecter his wife, to me well known and known to me to be the individuals destribed in and who executed the foregoing instrument, and acknowledged before me that they executed tix same for the purposes fherein expressed. And the said Ma~~i c Pri Pc r +~~i~~~~ ' w~fe o+ the said NPrhprt W_ Pri _stpr Qpo~. sep~q,~(i'l,•Qrivat~ ~ examinat~on by me taken separate and apart from her said husband, acknowledged to and befwe me that she e:ecuted said j~isrK'fr~fyaj~d'yylun- tarily a~d without uqr compulsion, constraiN, apprehension, qr fesr of w frc•i her ssid husband. , ,"-i ~ WITNESS my Fwnd and officisl seal this ~y Y~~' day of r ~~1• A.-8. 19a~ ; ~ ~1 ~ ~ _ - _ : Notary Public in snd fw the State,o~ f~ a 3t Lir~e - - ; ~ IMlid t _ . - My Commiu'ron expiros: ~C ~f~'• I _ ~ f} Return To: % . ~ . ~ ' : ¦oT~sr ~ueuC. srarE uf Fto~io~c~iT~iid"':~'~:- First Federal Savi s d~ _ loan Associat~on ~ ^9 ~'O R~C~~ ~ D. MY COMMISSION EXYIRES OCT, 197~; Of Fort Pterce. 1`EO p~, dONDED THqUUG~1 ~R:p-~y-D1ESTELGaasr•' ~ Fort Pierce, Florida ~ _ ~ . - ~ S ' ~t'rn ~CO'•~~`' ~ / / ~ j _ _ 51 ~ / , his in;tr~,m~nt rE a 1-636~ ; ~5 ~ First Federa? Sav. ~ ~~~~d ~y 9~ ~ cun A~sn.,6~ 1 ~ of Fort Pierce : ~ BY . _ . . . lT..c~U~~ ~ Gl-F RK ~tR`'v ` 7 ~ BOOK1 /O PACE z ` ~ 61 ~ ~ ~ ~ ~ - , - ~ # ~ er, ~ - ~ _