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Home My WebLink About1084 : ~ ~ ' 9. To plac~ ~nd continuously kkp on the building~ now a htreaftN utwte on s~~d land and on all equipmsot ~~d p~non~lly cove~~d by thi~ mortp~ sp~, with dl premiurrl~ therwn p~id in full, firo Insur~nt~ in the uiwl ~~andud polity fotm, ~n ~ sunt tpprovtd by iM MORiGAGEE, and windstwm Inswa~ in tM ~~wl iandard porcy fam, in • ium ipprovad by tM MORTGAGEE; in s~ch company a comp+~in ~s th~ MORTGAGEE may t d'u~ctr ~nd all tin u,d windstwm auura~ policies oo ~ny bf Hid build~nps, ~ny inMrt~t t1+N~in or part IMrwf, in tht ~pyre~~te tum afortsaid w In txcra thcreof, shall contain tM utual s~andud mortyayN clause a such otha clavH ss tM AAa~pags~ may rpu"vt, ~nakir?y tM lou undK iaid po~F ciu, tach and ~vNy, payabte ro s+id MORTGAGEE ~s iti interest may ~ppaar, and each and evcry iuch policy shall b~ promptly ~u:~ncd and delivKed to ~ny heW by i+id MORIGAGEE ~t fu~~ha seturity to i+id matpap~ dsbt, and, not I~u 1Mn ten (10) days in advanc~ of the expiration of ~ach policy, ro d? IivK to said MORTGAGEE ~ renew~l theraof, to~ethN with ~ ~eceipt ta the premium of tuch renewal; and ~her~ sMll be no fue o~ wind~~am ir?~u~anc~ pl~ctd on ~ny of aid b~ildings, ~ny intereit th~r~in o? part thsr~of, unlcu in the forrti ~~d with tM lou pay~ble ~s ~iwesaidt +~d in tM ~wnt ~ny sum of mon~y becomes payable under such policy w policiss said MORTGAGEE shall haw IM option ~o receive and apply tM s+r+~ on account o1 tM ind~btad n~ss ~ecvnd hereby a ro peimit said MORTGAGORS fo receiw and use it a any part thereof fw othe? purposes, wi~hout ~h~Eb~ waivi~g a~mpair- inp ~ny pvity, lien or rqht under or by virtw of this mortpape; and in tM we~t said MORTGAGORS shall fa sny reason fail lo keep tM s+id pr~mises w insured, a fai) ro deliver promptly ~ny of said policies of insunnce to said MORTGAGEE, or fail promptly to p~y fully eny premium therefa o~ in any r~tpett f~il ro per(onn, distharge, executs, ~ffect, complete, comply with and ~bid~ by this covenant, w any part he?eof, said MORTGAGEE may place •nd pay fw such inwranc~ or ~ny put thaeof without w+Ninp or ~ff~cti~p any option, litn, equity, w right under a by virtw of this Mat9a~e, and the fvll amo~nt of each and ewry such paymee?t sMl~ be imm~diately dw and p+y~bl~ and sF~all bear interes~ from tM dat~ thereof until paid a1 tM rat~ of nin~ pN ceowm pa annum and together with such interesf ihall be securod by fhe lien of tha mortyaqe. 4. To pamit, oommlt w suffer oo wut~, imp~'ument w deterioration of said property a ~ny p+rt thereof. ~ S. To pay •II end singul~r the.cosb, charyes snd expenses, includiny ~ re+sonable ~ttwney's fee and costs of abstrads of title, incvr?ed o~ paid al j ~ny time by aaid MORTGAGEE, kxc+use w in the event of the tail~re on the part of the said MORTGAGOR to d~ly, promptly ~nd fu~ly perfam, dixMrgR ~xecute, effsd, comptete, comply with and ablde by tach snd every the stipulatioas, agreements, cw~ditions, and covenants of said promiisory note and thu mortpap~ any a eilher. and said costs, chuqes and expe~ses, each and every, ihalt be immediately due and paysble: whethe~ w not ther~ be notice da mud, mempt :o colkct a s~it panding; and the full smount of each and eve?y wch paymcro shall bea. interest fran the dste the~eof until p~id ~t the rate of nine per centum per ~nnum; and all ~sid costs, chsrges and expenses incwred or paid, together with wch interest, shsll b~ aetured by tM lisn of fhit mortp~pe• 6. That (a) in the evenf of any bresth of this Morfgsge w default on ihe psrf of the MORTGAGOR, or (b) in 1he evenf ~~y of isid sums of mo~ey ; here7n referred to be not promptly and fully paid wirhin thirty (30) days neat after thc same severatty become due ~nd payable, without dem~nd w notice, or in the event each and every fhe ~tipulations. ~greements. conditans and coven~nb of sa~d promissory rote and th;s matps~e a~y a eithe~ ar~ not i~ly, promptly and fully performed, dlxharged, executed, effected, compteted, canpl~ed w~th and ab~ded by, then i~ eithcr w any svch evsnt tM s+id ~g pregstt wm mentioned In said promissory note then remaining unpaid, with inte~est accrued, ~nd a~l mo~eys setured F?ereby, shall betane dw and pay~ able fwthwitly a theresfter, at the option o~ said MORTGAGEE, as fvlly and comptetely ~s if all of the said sums of money were aiginally stipulated fo be paid on such day, anything in sa;d promissory note or in this 1Nortgage to ~he contnry norwithstanding; and thereupon or thereaher ~t tM op~ion of •aid MORTGAGEE, witFa~t notice w demand, iuit at law or i~ equity~ tIllflFO?! p 1IIQfNNN beg~n, may be prosecvted as if all moneys sewred hereby had matured prior fo ib institution. 7. Th~t in the event that at rhe beginnirg of or ar any time pendirg soy suit upon this Mo?tgage, a to fweclose iL w to reform it, w to er+fwq payment of any claims hereunder, said MORTGAGEE shall spply to the Court Mving jurisdrction thereof tor tFK appantment of s Reteiver, s~ch Court ~hall fortliwith appoint a receiver of said mortgaged property all and singvbr, includ~ng all and s~ngul~? the income, proiits, iuues and revenues from whatever tourte derived, each and every of whKF~, if bcirg expressly u~derstood, is hereby mortgsged ~s if spec~lically set fwth snd described in the grantiny and habendwn clauses hereof, and such Receiver thall have all the brwd and effecrive funct~ons a~d powers in anywise entrusted by a Court to a Receiver, and such sppointment shall be made by such Court as an admitted equity snd a maner ot absolure right to sa~d MORTGAGEE, ~nd without refercnce ro tF~e sdequscy a in+dequacy of the wlue of the piopery mortgaged or to the so~vency or insolvency of said MORiGAGOR or the defendanti, a~d that such rents, profiri, income, iuues and reven~es shall be applied by such Receive? accudin9 to the lien or equity o( wid MORTGAGEE and the pradice of such C.ourf. ' - - B. To duly. promptly and fully perform. dixha?ge, execvte, effect, complete, comply with ~nd sbide by each and every the stipvlations, agreemcnri, conditions ~nd covenants in said promissory note and this mortgage set forth_ 9. ihat in the event the owrurship of the mortgsged premises, a any part thcreof, becomes vested in a person other than the MORTGAGOR, tM MORTGAGEE, iti succeuws and assgns, may, wifhouf norice to the MORTGAOR, deal wifh such succeuor or successa in interest wi?h refcrence to thia matgsge and the debt hereby secured in the s~me manner as with ARo~tgagw withokt in any way vitiating w diuharging the Mortgagori liability here- under a upon the debt hereby secured. No sale of ~he premius hereby mwtgaged and no forbearance on 1F?e pan of ~he MORTGAGEE w its successon w usigro and ra extension of the time for the paymem of the debt hereby secured given by the MORTGAGEE or' its wcceswrs w su;gns, shall operate ro release, dixharge, modify change or affett the original liabil~ty of the MORTGAGOR ixre~n, either in whok or in part. 10. It is specifically agreed thst time is of the essence of this contrsct and that ra waive~ of any otligation herevnder w of the oblg~tion sr n,red hereby shall at any time thereafter be he:d fo be a waiver of the terms hereof p of the instrvment secwed herby. 11. In add~tion to the forego:ng monthly paymrnts of princ"ppl and interest requircd by the promiuory note secured hereby, mortgagor covenants and sgrees to pay to mortgagee with each mon~hly payment an add~rional sum es~~mared by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or auessed against the above described real estate. B-Premiums on fire and windstorm insurance as here7n requ~red to be carried on the improvements situate on the above dascribed premises_ C-Premiums on such mortgsge guaranty insurance as mortgagce shsll from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagw in writing of the amount due and payable hereunder and such sum shall thereupon be due snd payabla on the due date of the next monthly paymeM and each successire month thereafte? urtil mortgagee shall notify mortgagor of a change in such amount. Soch sums shall be applied by mortgagce toward the payment of real property taxes, in:urante prrm:ums, and mortgage guaranty insurance premiums. t IN WITNESS WH '1!O , the said MORTGAGOR has hereuntp set his hand and seal the day ~nd yesr fint aforesaid. Sgn Seakd d d~iver n the presente of: - ` ' •n ~ I ~ ~ ~ ~t n ~ s~~~ ~ STATE OF FLORIDA ~ E couNnr oF St . Lucie ` seto.e ~„e ~no~uy.~e.~ed _ Albert Beniamin and I?tildred Beniamin, his wife, E Franklin A. Harri_s and Valerie V. Harris, hn w~+~, to Wen k~wM,~ and known ro ~~o bs ( the individwls described in and wFw executed the foregoirg instrvment, and atkreowledged befwe me that they executed the same for the purposes ~ r~,e.~n e:P.~d. a~d r~,. sa~ Mildred Ben7amin, wife of the said Albert Ben 'amin, and ~ Valerie V. Harris, wife of the said Franklin A. Harris a separate snd pirvaM ae~mi~~Yron by me taken separate and apart from~et~aid husbands~cknowledged to and befwa me that t}~dyeucuted said instrumeM freely ~nd volun- tarily and witFaut ~ryr compulsion, constraim, sppreher~siqp, or feu of ot fromZte'r~sid husband6 . ~ WITNESS m hind snd officisl seal this ~1~~ f Y Cz day of Februar A. D. 19 68 ~ s ~ i Notary P ic in ~nd for the State of Florida at larpe My Co misaion lxpires: Return To: S E Fvu Federsl Saving~ 3 loan auo~~ar;«, Vot~ry Pubfic. State of Florida it larqt s I Of Fori P~erce. , . ~ ' ~ Fort Dierce. Florida %,J ~`j ~i Mr Cammission Expites Auq. 6. ~9~~ ~ ^ 1o•a.e h A.u~u. F:. a c.s..rr coi ` `~1: : ' : F This inst:ur~Zent p~eaared by ~'r~,"_ FIlEO AND RECORDEO~ ! First Federal Sav. & Loan Assn. r- ST. ~UCIE COUNTY. FLA. ~ ry = = RE CO~~ VERIFIED E o Fort Pierce _ : : ~ _ - ' " - ' 1640~6 i B~ ~ . . - ; . ':o.-° ; ~ ~ - - ~ ` '68 FEB S AM 10 : 33 E ' i ~ • ~ ~ [ ?ry itOG~f2 ~-01TRt,S 4 BOtlK1 /O PACE1081 CI.ERK CIRCUIT COURT ~p~ 4~E, ~ ` ,r~ - - ~ qµ~ . ~ ` ~ ~ ~v~ ~ y: n . . w~`` _