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Home My WebLink About1873 3. To plat~ and tor~t;nuously keep on tM buildingi now a htrtsfta situ~t~ on t~id land ~nd on ell equipmcnt and paaoeuliy cov~rsd by thii rtwrt¢ ~ sye, with ~II premiu~ therew~ pa~d in fvll, fire insurance in ths ususl ~tanda~d policy form, ~n a sum ~pprov~d by ~M MORTGAGEE, and wi~stwm insur~nc~ in tM uiwl st~ndard poGq fam, in a wm approved by the MORTGAGEE; in ~~ch comps~y w compani~s ~s th~ MORiGAGEE n+~y d~nc~j ~nd aIl fir~ •nd wtnds?wm insurar,ce policies on any oF sa~d build~ngs, ~ny iNerQSI therein w part thereot, in 1M +~re~ts wm afortuW o~ In ~xc~u ~hereof, ~hall contain tM uswl itu+dard mongsye~ ctsuse a such other cfaus~ as tM Mo~tQage~ may ?equin, makinp Iht lost under uid polF cie~, sach u~d wery, payabts to uid MORTGAGEE ai in interat may appea~, snd each and every ivch policy sMll b~ prompHy a~~:pned •nd delive~ed ~o ~ny held by taid MORTGAGEE as further secu~ity to s~id matyaye debt, and, nol leis than 1en (10) dayi in advancs of the expiration of each poliq, to dr liver to aid MORTGAGfE a renewal 1he~eoi, topeths~ with i receipt for the premium of such renewit; and thsre ~~~II be no fir~ w windstorm {ns~ranc~ ptac~d on ~ny of faid kviildingf, any interesf thtrein ot psrl thereof, unleu in the fam'and wi~h IM lou p+yable ~s afwes~id; ~nd in the event ~~y sum of mon~y becomes p~yable under such policy or policies uid MORTGAGEE shall haw tM option to receivs and apply 1hs iame on ~ccounl o~ the indebted- ne~s secvr~d hereby o~ to pe~mit said MORTGAGORS to ~Keive +?nd vie i1 ot any parl thereof fa othcr pu~poses, w~thout thereb~ wsiving p~ impair- iry any puity, ~ien w rigM under or by virtue of this morsga~e; and in tM weht aid MORiGAGORS shali fa any reazon fail ro keep th~ wid pr~miu~ so insured, or fail to dalive~ promplly ~ny of said policies of insunnce to s~id MORTGAGEE, or fail promptly fo pay fully any p?emium tht~efw o~ ln sny reipecl fail b pafoan, diicMrge, executs, effed, complet~, comply with ~r?d abid~ by this cwenant, or any part h;,-rof, taid MORTGAGEE may pt~ce and paY tor such iniur~nc~ or ~ny pan thereof without wahug w afhcti~p my optio~, lien, eqv~y, or right under or by virtw of ~his Mwtqa~, ~nd the fvll amoum of e~ch +nd evsry such psyment shal: b~ immediately dw ~nd p~y~bl~ ~nd shall beu interes~ from ths date thereof until paid at tM ~at~ ol nina ptt ce~tum per ~nr.um and togethcr with iucA interest shatl bs secured by the (ien of this mat~sye. To p~rmit, canmit o~ wifer no waste, ~n,P,~r~n+ o. de~N~«+r~o~ of sa~d aoPerqr o. a~y Pan the.eof. S. To pay all arxl sirqutsr IheKasn, charyes and expertse:, includinp a ~easonable sttwney's fee and costs of abitracts of title, incurred w pa~d at eny time by isid MORiGAGEE, becauae w in the event of the failure on the pan of tF+e said MORTGAGOR to duly, p~omptly and fvlly perfarm, d~ichargg exec~te, effect, campkte, comply with and abide by each ~nd evrry the stiputat~ons, agreements, conditions, and covenann oi u;d qom;ssory note and ~hcs ¢ mo.tgaga any or e;the?. and sa;d cosn, charges and expe~xei, each and every, sMll be immed~ately due and payable: whether a~+01 there be notice da S mand, ~ncmpt ro collecf w suit pendiny; and the full ar~wunt of each and every wch payment sMll bear interest from the date thereof umil p~id ~t the ~ rafe of nine per centu:n per am~um; and all said costs, charges and expenses incurred w paid, together with such interest, shall bs stcured by the lien of thu mwtp~~. A. That in the event of any bresch of thii Mortgaye w defauh on the psrt of the MORTGACsflR, w(b) in the event any of said s~ms of money . herein referred 1o be not promptly and fully paid wi~hin thirty (3p) days riexf after ~he same seve~ally become d~e and payable, without demand o~ notite, or (c) i~ the eveM each and every the stipulatio~s agreements, conditions and toveosnts of sa~d promiuory note a~+d th~s mwtgsge any a either ar~ no1 } ~uly, prompdy and fully performed, d~xharged, executed, effected, completed, compfied w~th and abided by, then in eitht~ or any suth event tiie saFef ag ! y~egat~ svm mentipned in ssid p~omiuory note then rema~ning unpaid, with interes~ accrued, and alt moneys secu~e~ hereby, shall become dw and pay- ~ able fathwith, w theresfter, at the option of said MORTGAGEE. ~s fully and completely as if all of the said sums of money were originatly ttipulattd to bs pa~d on such day, anything in said prom~ssory ~ote or in thii Mo?tqage to the conda~y notwithstanding; a~d thereupon or thercefter ~t the op~~o~ of said lNORTGAGEE, without notice w demarxl, suit at law w in equity, thcrefwe w thcreafte~ beyun, may be prosecuted as if all muneys secured hereby had mafured ptwr to it~ institulion, s 7. Thst in the event that at tRe beginni~g of p at any time pending aoy suit upon this Mo+tgage, a to faecicse it, w to rstorm it, or to enforte ' payment of any daims hercunder, sald MORTGAGEE sball apply to the Cou?t having jur~sd~c~ion thereot for the apMOmtment of a Receiver, such Court shall fortFiwith appoint a recciver of aaid mortgaged property all and singular, indud~ng atl and singular the income, praiits, issues and revenues from whatever sourte derived, each and every of wh;ch, it bting expressly understood, is hereby mor~gaged as if spec~fically set fwth snd deuribed in the granfing and habendum clauses F+ereof, and svch Reteiver :hall have all the broad and effettive funct~ons and powers in anywise entrusted by a Court to a Receiver, and such sppointment shatl be made by such Couri as an admitted equity and a matrer of absolute righi ?o said MORTGAGEE, and without reference to the adequacy or inadeq~aty of the value of the property mortgaged or to the soivency o~ insotvency of said MORTGAGOR a the defcndants, and that such rents, profin, income, issves and revenues sh~ll be applied by such Receiver according to the lien or equity of said MORTGAGEE and rhe practice of such ; Court. ! 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every tFx st~pufatiau, sgreementi, ~ conditions and covcnants in sa~d promisso?y rwte and thia mortgage set forth. 9. That in the event the ownership of the mortgaged premises, o? any part tFmreof, becwnes vested in e perso~ other then the MORTGAGOR, the ~ MORTGAGEE, its successors and sssigns, msy, without notice to the MORTGAOR, dcal with such wccessor a successor io interest with refere~ce to this mo~tgage and Ihe debt he~eby secured in the same manner as with Mortgagor without in a~y way vitiating or d~stharging the Mortgagors' liability here- under or upon the debt hereby secvred. No sale of the Fremises hereby morfgaged snd no fwbearance on the part of the MORiGAGEE w its successon ~ or auigns snd no exte~sion of the time for the payment of fhe debt hereby secured give~ by the MORTGAGEE or its s~?ccessors or ass~gns, sF?all operate ~ to release, d~scharge, modify change w affect the origina~ liab~l~ty of ~he MORTGAGOR herein, either in whole or in part. 5 10. It is spec~ficatty agreed that time is of the esscnce of this cont~act ared that no waiver of any obligation hereundcr or of the obligstion sr 3 a,rs~ hereby ~+all at iny tirrM ther~afte~ b~ held to M a waiver of the terms h~reof w of the irutrument secured herby. ~ 11. In addition to the fwego:ng monrhty paym-nts of princ'pyl and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~~ional sum esrimated by mwtgagee to be equal to 1~)2 of the annua! cost of t1+e follow- ' ing: j ! A-A(I real property taxes lev~ed or asussed against the above desc.ibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on 1F~e above described premises. C-Premiums on evch mwtgage guaronty insurar~ce as mortgagee shall from tfine to time deem fit to carry on the loart secured hereby. Mortgagee sha!! from time to time not;fy mongagor in wr;ting of the amount due and payable hereunder and such sum shall thereupon be due and pnyable on the due date of the nezt monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such amou~t. Such sums shall be apptied by mwtgagee towa~d the payment of real property taxes, insurance prem:~ms, and mwtgage guaranty insuranct premiumt- IN WITN WHEREOF, the said MORTGAGOR has Fxreunto set his hand snd seal the day and ear first aforesaid. SiQned,. aled and delivered in the presence of: ? :4i~ e s Robert Gary, a s ngle a ult~~~ :~~1 i1QSS " / , r ~~h - ~ (SeiO STATE Of A~ NEW YORK ~ ~~S ~pV ss' covNn oF e~fae me ~~,o~,ny a~a~~d Robert Gary~ a single adult~ ~nd- ~+7~ wrffe, to me well known and known fo me to bs the individwly described in and who executed the foregang instrument, and acknowledged before me that ~heT executed the same for the purposcs therein expressed. ~1fx}~1he+rid_ -,wi fe ~t ~4~e ssM ~rP~~3 33~ipiuL ~od~cixat~ e~cs~nirwtiae ir~ +ne -~aken~ep~rate ~d• spsrr 4renr /+er said~ In?aE~snd~ adnrwidged•t~~wd~ ~s-M~a~ yl~e~«saA~d-a~iJ +nwwn~enf freely~~ vohm- rs+11~ and ~rMlwrt-ar~ eon.pdaivnreeestreiM,'*PP?e1k++s" -~r -oi ~r- frv.i.hy. ~ WITNESS my h~nd and official seal thi: ~ ~y ~ _~L' w`~1 ~ • ' ~ : _ _ ~1,. b. ..i9 . ~ _ $ ~ - Ntota?y PubG in snd for the t e of F~orida ~i La ~ Retum To: , My Commission expires. _ ; : _ ' ~ - - ~ First Fedtral Savings a loan Association . ' ' ~eg~~g . ' - ; + , ~ ~~Q ~ Of Fort Pierce. _ ~~rf ~uy~. ~r@ p~ (~j~ Yp~ Fort Pierce, florida ' . ~ = . ~0. ~0•`~-'~'-~~•._ ' . ~ ~ ' ~ . Qutl:f~ed iD t:~sfr~ G~ ~rr'"} ~ • , ~ ~ 7~rID fsyi»s ~:+r 3I1 •i`~,~~4 This instrument r .•,;FItE,D AND RECORDED ~ First Federal Sav. & Loa ed 6y ~TJ L~CIE COUNTY~O~A• ~ A R Assn. p c~ r . • ~ - of Fort Pierce 164616 $y _ ' ~68 EE6 2 ~ ~ ~ y~ r o~~~ ' - :~o: ~ H; s s°oox~.7~ P~cf18~ ~k fl CL,.RK CIRCUIT C('"RT M ~ ~ - _ . _ _ _ ~ ~ax.i.i,Fa°r^1L"v-` 'b ^h.;. . w~ . ~-'?SY'- ~ "m+-w ~11~ f~ ~ - ~,y q'w~y~ . _ : ,i.=':~3,`:'-:: ; i - - ~