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Home My WebLink About0196 . ~ 3. To plau and con~inuouily k~ep on tM buildirgs aow or hereaitN sitwt~ on iaid I~nd and on +II equipmenf ~nd pawnally cowt~d by thi~ mat¢ , aJa, with t!! ptari~~b ~ht~eon pa~d i~ full, tire insur~nce it? Ihs usvat standard policy form, ~n e sw+1 approv~d by tM MORiGAGEE, u+d wiodstOrm ieuw~ M tM usua) iiu~da~d pol~q fam, in a sum ~pproved by ~he MORTGAGEE, tn such comp~ny o~ compa~i~s +s the MORTGAGEE en~y du~tti ~nd ail fin a~d winds~orm ir?surar?c~ policies on any of iaid buiid~np~, ~ny inMreit t1?erein ot part ther~cf. in tiw pqre~~~~ wm ~for~said or in ~xast thsr~of, ~Aall contain tM uiwl standard matgayes clause w such otha claus~ as tM Morty~g~e m~y reqv~r~. m+kinp tM loss u~dar uid pol~ ciq, Nch and ~vKy, p~y+bl~ N iaid MORTGAGEE ~s its interest may appe+r, and ~ach and ~wry suth polity sh~ll be p~ompt~Y ~u:9^ed and delivered to ~ny Mld by aid MORTGAGEE ~s furtM? uturity to said mortps9e dabt, ~nd, nw lea th~e t~n (10) days in adv~nc~ of tM expir~tion of ~ach policy, to d? livK ro wid MORTGAGEE a nnew~l thsreof, to~~~Mr with a ~eceipt fw the p~~mevm of such renewalj a~x! th~re sMll bt no fin w winditam tnsvra~ce plaud on ~ny of said bi?ildinps, ~ny intaeit therein or p+rt thereoi, unleu in tF» form'and wi~h tM loss paysble as +(w~s~id; ~nd in tM ev~nt any wm of mon~y becama payabk unda such policy os polic~es aid MORTGAGEE ih~ll haw tM optio~ to receive uid apply tM same on occounl ol ihe Indebted~ ntss stcvr~d hKSby or b peimlt ssid MORTGAGORS to receive and use if or any part thereof fa othcr pu~poses, without thereb~ waivi~g w~mpair- inp ~nr pu~ty, lien w right unde~ w by virtw of this mort~aye; ~nd in the ~veM aid MORTGAGARS shall fw sny nawn fail to keep tM ssid p?emiset io insured, w fail b deliver promptly any of said policies of insunnce to uid AAORTGAGEE, a fail promptly to p+y fully any premivm therefw a in any ; nsp~ct f~il to pafo~m, dixhsrg~, execvte, ~ffect, complets, comply with ~nd abide by this covenant, o~ any psrt hereof, taid MORTGAGEE may pl~ce ~nd paY fa wch imwanc~ a ~ny put th~reof without w+yinp a ~ffectinp anr optio~, li~o, puity. or riyh~ vnder w by virtw of this Mat~ap~. a~d tM full ~mount of eath and ~wry ~uth payment shall be immediately dw and pay+ble ~nd shall bear interest from ~hs dat~ thereo( until paid M tM wt~ 01 : nint pu tentum p~? ~nnum and togethe? with suth interest shail be securad by iM lien of this maty+pe• ' I 4. To ptrmit. canmit or suffN no wast~, 4npa'umeM a detariaratior? of uid property o? ~ny p~rt thereof. ± S. To pay ~II u~d ~inpul~r tM.costs, ch~rpa ~nd expe~ses, includirg • re+sonable ~ttorney's fee snd coits of ~bstract~ of title, incvrred w p+id ~t ~ any Y~me by said MORTGAGfE, b~caus~ or in the evee+t of the failure on the pah of the said MORTGAGOR to duly, promptly and fvlly perform, dixhary~ execute, ~ffsct, oomplet~, oanply with and ~bide by each and every ths stipulations, agreemenri, conditiau, and oovenanb of uid promissory not~ a~d thu mortyap~ any o~ either. and ss~d costs, chuges and expenses. each and every, sMll b~ immediately due and payable: whether a not there b~ notice ds ~ mand, attempt to tolkct or wit ptnd~ny: and the full ~mouM of each ~nd werlr wth p+Yrt?sm sh~ll bea? interest from ths d~te thereof until p~id at tht rate of nine per centum pet annum; ~nd ~tl said cos~~, chsrges se~d expenus incwred or psid, togetha~ with such interest, shall b~ s~cured by tM li~n of this enortp~. e. TMt j~) in the evenl of ~ny breach of tha Mortpape w default on the p+n of ths MORTGAGOR, w(b) in the evcnt a~y of s~id sums of money heroin nfa?r~d to b~ not promptly and fully paid within thirty (30) days next afte~ ~he same seve?ally become due ~nd payable, witho~t demand a notice. or (cj in fM ~va1t each ind every the stipuletions, ~yreements. conditions and coven~nl'i of sa~d promiuory note and thi: mortgye u~y or sithe? an not iuly, promptly and fully p~rformed, diuhar~ed, executed, effeded, completed, complied with ar?d abided by, then in eifher or any tuch awnt tM s+id s~ pre~M wm mentioned in said promissory note then remai~ing ~npaid, with interest accrued, and all moneys secured Fxreby, sM~l become dw ~nd pay- ~ble fathwith, or there~fter, at the option of iaid MORTGAGEE, as fully ~nd completely as if all of the said sums of money were wigEnally ttipul~ted to be paid on such day, anythiny in said promiuory note w in this Mwtgage to the contrary ~otwithstanding; end there~pon w thereafter at the option of "sbio i~nv~i:vnv~'c, w:i :..'v~ Ta:E¢s ~~r-and, wit at law or in equity, therefwe o~ there+fter begun, may be proaecuted as if sll ma~eys secured hereby had matwad ~wr to its institutio~. 7. Th~t in ths event that st tl+e beginning of or ~t any time pending soy wit ~pon this Mortgsge, or to fwec~ose it, o~ to mfwm it, w to enfwp payment of any claims hereunder, said MORTGAGEE shall apply to the ~ouA havirg jurisdidion thereof iw the appo~ntment of a Receiver, such Court shsll fortiiwith ~ppoint s receiver of said rtwrtgaged property all snd si~gul~?, intlud~ng all and singular Ihe ir.come, profits, iuues and reven~ea from whatever~ wurce daived, e+ch and every of whith, it beiny expressly untl~rstood, is hereby mortgaged as if spetifitally set forth a~d dewibed in tF?e granting and habendwn clavses hereof, and such Receive? shall have all the broad and effective functwm and powers in anywise entr~sted by • Cou?t to a Receiver, ~nd such appointment shall be made by such Court as admitted eqvity and a malter of absolute right to said MORTGAGEE, snd without referer+ce to ths edequacy w'wudeqwty of the v~lue of the property mwtgaged or to the solvcncy w iasolvency of said MORTGAGOR or the defendanb, and that tvch renrs, profin, income. ~ssues and rovenues shall be apptied by such Receivcr accordin9 to the lien or eqvity of said MORTGAGEE and the practice of svch - Court. & To duly, promptly snd fully perform, d'ncharge, execute, effect, complete, comply with and abide by each and every the stipulatio~s, agreemeMS, conditaro and covcnants in said promissory note and this mortgsgt ut fwth. 9. That in the event the ownership of the mortgaged premises, a any part thereof, becomes vested in s person other ihan the MORTGAGOR, fhs MORTGAGEE, ib ivccesson snd auigns, may, without notice to the MORTGAOR, deal wi~h such wcceuw or wccessor in interest with reference fo this mortgsye and the debl hereby secured in tht same nwnner as with Mortgaga withovt in any way vitiating or d~xharging the Mwtgsgors' lisbiliq here• under or ~pon the debt hereby secured. No ule of the premises hereby moAgaged and no forbearance on the part of the MORiGAGEE or its successors or aug~u and no extension of the time fw the payment of the debt hereby securcd given by the MORTGAGEE w ib successors a suigns, sh~ll oper~ta Io release, dixMrge, rt~alify thange o? affect the original lisbility of the MORTGAGOR herein, either in whole w in psrt. l0.lt is specifKally agreed that time is oF the essence of this contract and that no waiver of any obtigation hereunder or of the obtigation sr a.rad her~by shall at any time thereafter be held to be ~ waiver of the terms hereof or of the instrument secured herby. 11. In additwn to the forego:ng monthly payments of princ'pD~ and interest required by the promiuory note secured hereby, rtwrtgsgor cove~ants and ~grees to pay rt agee with each monthly payment an add~~ansl sum es~~mated by mortgagee to be equal to 1/12 of the an ual cost of the follow- ing: A-All real propaty taxes kvied w assess a above described real estate. ~ B-Premiums on fire and windstorm insurar.ce as herein requ~r t on the improvements situate on the above desaibed premises. ~ C-Premiums on such mwtgage guaranty insur tgagee shall from time to h ' to carry on the ban secored Fxreby. Mortgagee shatl from ti t~ y mortgagor in writing of the amount due and psyable hercu r m shall thereupon be due and ; payable on t o the next monthly payment and each successive mwnh thereafter until mortgsgee s 11 notify mortg change in sucb ~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance :ums, and mortgage guaranty insurance j ! premiumt. ; j`N WITNESS WHEREOF, the ssid MORTGAGOR has :~ereunto set his hand ~nd seal the day ~nd ye first ~ ~ ~ 5lpesd. Sea del' in the presence of: ~ - ~ a0 ~ 7J~ ~e~q ~ ~ " ~ STATE OF FLORIDA ~a,~ ~ St. Lucie ~ _ ~ F ~ b~fwe me penonslly ~ppearcd Earl V. ~irner .,,d ~ r^.QthPr At_ Turner his wife, to me well known ~rsd known to me to bs the ind'ividwb described in and who ex«uted the foreyang instrument, and acknowledged before me that they exewted the same fw the purposes ~ thercin expressed. And tM E s ther I~t . Turner - ; wife ot tM ~aid ~:ATZ _ Turner , vpon a separate ~nd priv~t~ ' examination by me tsken sepante and apart from her said hvsband, acknowledged to and befora ms that she executed s~id instrurt?ent freely u~d wfun- rarily and witho~f arq~ compvlsion, constraint, apprehension, ~i fear of w from her qid husband. . WITNESS m Mnd and official seal this ~~"x b8 y c~ day of A. D. 19 ~ r - ~ Notary ic in and fw the State of florida at Larpe ~ . My ission expira: ~ 6~ / 1~ 7/ ~ Retum To: . ~y' ~ F'ust Feden) Savings 6 Loan Assodation - `~otar/ Pui~lt, State o~ Florida it Larq! Of Fort Pierce. , ~ ~i~~~ 19n Fo?t Pierce. Florids ~ • v ' ~y C0'"""s~On b• : ` , ~we~d ht fst i ~S £~Y ~ •c~• \r~ ; - FILED AND R~CORDED ~ This instrument prepared by ~ ; _ . ~ ~ FlrstFedsral S Loan Assn. - p ~T, ~UC~~. ~~~~~Tv FL•. av. & . ; . N ` - of Fort Pierce .~r 4-~``; 165518 dy J Collins - ~ '~8 t~~!? Z 5 Pi+~ O1 ~ ~ Q~ rb . ~ 800K~~1 PACE v -~!',s~f- • ~ . , . ~ , - 'tERK CIRCUfT CQ;;RT ~ 1~~~ _ - ~~~'~3.,. _ ~ - - - , 5 ~s