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Home My WebLink About2149 i f r . . { ~ ~ ' ' • ~ Y } ! t • 3. To pl~ ~nd continvously k~ep on th~ buildirps now or I+a~ahK ~itwt~ on uW lu+d and on +II equipm~et u+d pa~onally oova~d by this matp- ~g~ with al) premiums tMrwn paid in full, fin Guu~~~ce in tM ~swi studud polky form, in ~ sum approved by tM MORTGAGEE, and winduorm iniura~a in tM uiwl ~undud pol~cy fam, In ~ wm ~pprov~d by th~ MORTGAGEE. in such company w comp+ni~s a ~h~ MORTGAGEE may dinctj snd sll f4~ ~+d wind~ttorm insurana polki~s on My of uid buildinp~, any interat thenin a pa?t tMreof, M tM a~q~pal~ wm ataraaid or in ~xc~u therwf. il?~II contain tF~ utwl standard matpapN clavw or tuch othsr daus~ a th~ AAortqipN m~y nqvin. makGq tM loa unda ~sid polb cies, ~ach ud ~wry. paYab4 b Nid MOR:GAGEE st its intaat may spp~ar. u~d ~ad~ ~nd ~wry such policy shall b~ promptly aa:qn~d ~nd delivered to any MW by ald MORTGAGEE ~s EwtMr sewrity ro uid matpa~ debt, ~od, not I~st th~n ten (10) d~ys in adv~nc~ of tM txpiatioa of ~ach policy, to d~- livtr to taW MORTGAGEE ~ renew~l thertof, top~tMt with ~ nuipt iw tht premium of suth reruwair u~d thsr~ thall b~ no fir~ w winditam inwrux~ plaud on aoy of s~id bvildinps, a?y inte~~at tMnin or put thawf, unlesi tn tM tam a+d wi~h tM loss payabl~ u afa~aidj ~nd in tM ~veM ~ny ~um of nweNy becomes payabl~ v~ wch polky or polici~s uid MORTGACsEE shall h+w tF~ option to receiw and ~pply ~he wms on acco~mt of tM Mdsbted- neu s.cu~ed Fw~eby a a pa.mir said MORTGAGORS ro r.aiw and us. it w any part thereof fw olher purposes, without tharsby waivinp a impair- inp ~ny puiry. li~n or r'pht ~ndK or by vktw of this mwty~p~t s~+d in the tvent ~aid MORTGAGORS sMll fw ~ny reason fail lo kKp tM said premises so insured, or f•11 a d.ltw. promptly u+y of s~id polKies of inturanc~ ro s+id MORTGAGEE, or fail prompNy to psy f~tly any premium thsrsfor a in any respett fail ro p~rform, distharp~, exacut~, ~ffKt, complH~, tomply with and abide by this covenant, p ~ny psrt hereof, said MORTGAGEE may plste and pay fo~ sud~ irouranc~ or .nr paM ~M?sof without w~ivinp w ~ffectinp ~ny option, lien, eq~ity, o? r'ght und~r or by virtw of ~his Maryps, and the full ~mouM of eath at+d ~very such p~yment shall be irt?mediatsly dw u~d p+yaWe ~nd sh~ll bear i~terest from tM dat~ thenof until p~id tl th~ rate o1 ~ nirte pe? centum per ~nnum ~nd topetha with suth intereat ~h+ll bs secured by th~ li~n of this morts~. 4. To psrmtt, aomnOt o~ wffer no w~t~, imp~irma?t o~ detaiaatan of s~id properry a any p+rt thenof, i S. To psy all u~d sLgut~r ths costs, cMrge~ and txpemes, includinp + reason+bb +ttorney's fee ~nd ooib of sbstr~cts of titls, Incwred or paid a1 sny time by said MORTGAGEE, bscavse w in the eve~t of tM failwe on ths paN of tFw ssid MORTGAGOR to dvly, pranp~ly ~od fully perform, d~scharya ~ execute, effect, compl~t~, comply with and abid~ by Nch u~d every tM ~tipuiatio~s, ~presmenn, conditio~s, uid oovenanri of said promiuwy note a~d thi~ morty~ye any or eithe~, and said cosM, charpes and ~xp~nses, ~ach ~nd wery. shall be immedi~tely are u~d p~yabte; w$itisr o? not there be notiu ds mand, attempt to colktt o~ wit pending: and the full amount of ~sth u~d swry wch p~ymeM ~MII bear intere:t from tM dat~ tlxrwf until paid ~t tFk rare of nine per centum per ann~m; and all said cosri, cMrgss and expenses intwr~d w p~id, toptthar witl? a~ch intertat, shall bt s~cured by th~ li~n of this mat~spe. : ~ 6. That (a) in the ~vaM of any b.e~ch of this MortQap~ w d~fsult on tlr part of tM MORTGAGOR, w(b) in th~ tveet +ny of said wms of aansy herein referred to be ~ot promptly snd fvlly paid wifhin thirty (30) days next after the iame severatly become d~?e ~nd payaWe, without dana~t! or notits, or W in the eveM e+th snd tvery the stiputations, spreements, conditaro end coven~nn of ssid pranistory nott snd this mortyape my a either are not iuly, promptly ~nd f~tly pKformed, d:sch+rged. executed, effected, completed, oompliad with and ~bided by. tMn in eitMr or any such ewnt ths taid ag greyate wm meMioned in ssW promissory note then ramaininy vnp~id, with intertst ~cuued, and all rtan~yi securtd hereby, shall beoort~e dw ~nd pay- able forthwitly or thereafter, ~t 1M optan of said MORTGAGEE, u fully ard completely ss if ~II of tF+e said swns of money were wipinally stipulated to be paid on :uch day, anythirg in sa+d promissory note w in this Nlortgsge to the contr~ry notwitl~tanding; and thaeupon or thereaNa at the option of isid MORTGAGEE, withovt notice a damand, wit at law w in ~quity, ther~fw~ a thereiNer•be9wb may be prosacuted a if ~II mo~eys sewrsd hsreby nad m.rured ~xar ro in ir?stin,tion. 7, That in the event that st the beginr?ing of w at any time pendir+g eny wit upon this Mortgsge, or to fo?aclose it, or fo reform it, w to enforc~ payenent of ~ny tlaims Ixreunder, said MORTGAGEE shall ~pply to the Caut havirg jwisdic:io~ thereof fw the appointment of a Receiver, such CouA shall fwthwith appoint a receiver of said mo?t9ayed properfy all and sirgvbr, includ~ng all and singvlar the income. p~ofits, iuues ~nd revenues fra:~ whatever source derived, each and every of which, it beiny expreuly undentood. is hereby mortgaged as i~ specifically set focth and dewibed in tM ~ru~Yug and habendum clsuses hereof, snd such Receiver ahatl have all the broad and effective fw?ctions and powers in a~ywise entrusted by ~ Gouh ro a Receiwr. ~nd such appointme~t shall be made by such Court u an admined equity and a rr~sttar of abaolute right to said MORTGAGEE, ~nd withouf - ~eferente to the adequacy w inadequacy of the value of the property mortg~yed w to the whency or insolvency of said MORTGAGOR qr Nw defendants, and tMt svch rents, profin, income, issues ~nd revenues shall be epplisd by such Receiver accordinp to the lien or eqlrlry~Qf said.l~I1dRTGAGEE ~nd the pr~ctioe of such Court. - - _ _ 8. To duly, promptly snd fully perform, discFwrys. e:ecute, effect, complete, canplY with and abide by ~ach snd ewry tFw atipulatb% apreemenn, conditaro ud coven~nts in said promiuory not~ and this mort9age set fwth. • • 9. 7Mt io the eveM ths ownenhip of the mort9aged premises, or any part thereof, becanes vested h,a person othet than the MORT(;/?GOR, th~ ~ MORTGAGEE, in wccessors and auigns, may, without notice to the MORTGAOR, deal with such uxcessor or ~essec. in intcrest with referenot ro this i morty~pe snd the debt hereby secvred in ihe s~me manner si with Mortgsgw witFaut in ~ny way vitiating or disclwtgirg the Mortgagors' liability hera { unde? w upon the debt hereby secured. No tale of the premises hereby rtangaged and no fwbearance on the part of the MpRTGAGEE w in svaessors o? auiges end no extensan of the time for the paymeM of the debt hereby secured g'~ven br the N10RTGAGEE or its successors or suiyro, ihall operate to release, discharpe, modifp cF?anpe or affect the wiginal liabillry of the MORTGAGOR herein, either in whole or in part. . 10. It is saecificslly ag~eed that time is of the essence of this contract and that no waiver of s~y obGgation hereu~der or of the obligation ae- cured hereby shall at any time thereafler be held ro be a waiver of the terms F~eraof or of the instrument secured herby. 11. ln add;tion to the fo~egoing rrwnthly payments oi print:pal ~td interest required by the promissory note secured hereby, mwtgagor tovenants ~ and agrees to pay to mortgagee with each manthly payment an additional sum estimated by mortgagea to be equa) to 1/12 of the annual tost of the follow- ~ ing: A-AH real property taxa kvied or assessed against the above'dewibed real estate. - B-Premiums on fire and windstorm insurarsce as herein requ~red to be carried on the improvements situate on the above described prcmises. C-Premiums on st~ mortgage guaranty ;insurance as mortgagee shall from tin~e to time deem fit to carry on the loan secured hereby. Mwtgagee shall from time to time notify mortgagor in writing of fhe amount due and payabk hereunder and such wm shall ti?ereupon be due and I Fayable on the due date of the next monthly payment aed each wccessive month thereafter untit mufgsgee s}?all notify mortgagw of a change in such ~ amount. Such sums shail be a lied b mort ee toward the ment of reat taxes, insurance emiums, and mort e uaran insuranca PP Y 9a9 PaY P~~?tY P~ 9a9 9 TY ; p: emiums. E f IN Y/ITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day and year first aforesaid. ed a deTive~ed in th) e~n of- . . I ! ~A~ ..~.~.x.~ n ~ ~ n ~ ~ . ,s,,,0 STATE OF FLORIDA ~ COUNTY OF $t • ~C16 ~ ~ . i ~ Bef„e ,,,e p~,to,u~ly ,ppe„ed Leslie L. Jo 1~son .~d & AIIl11s .I. .lO~1riSOII his wife, to m~ well known and known to me to bs the individuab described in and who executed fhe foreyarg instrument. ~nd adcnow{edged befae ms that they exaewed the same for the purpwes rherein expres~ed. Md the a~ A~1niS J. Johnson wife of ths said Leslie i.• Johnson ~pon a sepsrate ~nd priv~te examinaYan by ms taken separats and apart from her s~id husbsnd, ~dcnowledped ro and before me that she executed said instrument freely ~nd volurr ~ tarily and witF~out sMr camp~?Isan, cantnint, apprrhepyivq or f~sr of or from her s~id husband. ~ WITNE55 my h+nd snd official seal thi• V~~ dsy of ~11. D. 19Si$_ ~ Notary Publk in u+d fo? tM St+ts of Fbrid~ ~t Lary~ My Cam~iuion expires: t 1, - 7 I Retum Ta. First Federal Savirgs e. ~o~+ ~wc~st~o~ FIl.EO ANO RECOROED NOlA9Y FU3uy. SiA1~ ~F ~-~•••°A ~qji' ~ of F«+ P~.~e. ST.'LUCI~ COUNTY. FLA. MYCOMMISSION F:dPJRES No ~a=s~~ou• ~pEp iNROU1iH EBEO Fort Pierce, fbrida f? ~ ~ n ~ n~l ~~i 1~~- f: ~ . 1 ?t~ ~ ' This tnstrument prep2'?~' `"t 16~~~'J . . ~ , . ~ • c.` ~ ~rst federal Sav. & : ~^Z: '68 MAY 6 AM l I: 3 0 ~ of ort Pierce • : = - ttOJL" R ''OIYr~+.S . ~ = ~ ~J ' r~.= ~ ; • • CLERK CIRCUIT COURT ~ ~ ~ ~ , , . • ~ • • ~ . 7.1Tc - . ~ . 600K1~1 PAGE2~~ . , -a~~' - - - - - ~ - _ ;~,~..s._