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Home My WebLink About2203 ~ : ~ ~ i ~ 3. To pl~p u?d confinuousty ke~p on fM bu~~dinps now a Mr~~ftM ~ituat~ on ~aid land and a? ~11 puipm~nt and pawn~lly covK~d by this marp~ p~. with all pr~miwns tMrwn paid in full, fb~ i~s~wnc~ tn ~I» wwl ~ardud policy fonn, in •~um ~pproved by tM MORTGAGEE, ~nd wir~s~«m inawanc~ in tM uiwl ~~andard policy form, in • sum ~pprov~d by th~ MORTGIIGEE. In wch compaey or aompan~a u th~ N1pRTGAGEE ~nay dir~cts and dl fin ~nd wir~torm inwru?c~ polici~s on ~ny of NW b17iIdi11D1~ i11y II11HNt tIN~~11f W pwt th~~~of, in tM ayprp~t~ sum afa~said w in ~xc~ss tMraof, shall cont~in th~ wu+l sundard mortp~ clauu or such othw c1~vH a tM Matpa~ may rpu~n. m~kinp tM bu u~d~. said poiF des, s~cA and ~very, p~yabl~ to said MORTGAGEE u in inte~e~t may app~ar, and ead+ snd tve.y ~uch policy shall b~ promp~y w~ynsd aod d~livsred to aoy heW by s~W MORTGAGEE a furtha secwiry fo uid mwty+ye debt, and. r+ot I~u thsn t~n p0) days tn edvana of tM ~:pir~tfon of ~ach policy, to dr liver ro uid MORTGAGEE a ~~newil thereof, ~op~tla? wirh • receipt fw tM pnmium of wch ~~newalt ~nd tM~~ thall b~ no fir~ w winditam inwwnc~ plaad on any of said bvildinps, ~ny inter~st 1her~in w pa.t tMr~of, unl~is in tM form u~d wi~h th~ Iws payabl~ as ~fa~ssidj ~nd tn tM ~vMt ~ny wm of mw~sy betprn~ p~yabte ynder wch polky or polici~s said MORTGAGEE shall h~w th~ option to recsiw e~?d apply tM sartN on accou~t of th~ (ndebted nsss sKUr~d her~by w b permit t~id MORTGAGORS ro reCeivs and vN h or s~y parf thereof fa othe~ pu~poses, without thereby waiving w anpai~- 1np any puity, li~n or ~iyht under or by virtw of this mortpa~sj and in ih~ ~vent t~id MORTGAGORS shall fw any rtawn fail ro kMp iF» s+id premi~es w inswcd, w fatl b delivN promptly any of taid policies of insur~ to ~aid MORTGAGEE, a fail promptly to pay fully any premivm therefor w in any resp~cf fail b p~rfw~ey dischup~, ex~cut~, ~ffacf, compl~te, comply with ~nd ~bid~ by this covenant, a any pa~t h~~eof, iaid MORTGAGEE may place and paY fa such inw~anc~ or an~ part thenof without w+ivirp w affeainp ~oy option, IiN+, eqviry. o~ right vndu w by vi?tw of thii Mortppe, and ths ~ full ~mouot of ~ach and wery wch payment shall b~ immed'utely dw and payabl~ u~d shall bear interei~ f~om ths date thereof until paid at the r~te ot nin~ pu centum pq ~nrwm aed togethar with such interest ~hall be iecured by tl+~ lien of this mort~ap~. 1. To psrmit, oornmit w iuff~r no wut~, imp+kment w deterioration of sakl prop~rty a ~ny put thereof. S. To p+y ~II uid sirgvl~r ths oosb, cF~ug~s ~nd ~zp~nses, includinp a res:onabls ~nwney's fee and oosb of abstr~cts oi title, kKVrred a paid at eny time by said MOR'~iAGEE, bec~~s~ o. M ths went of the f~Nvre on tM p+h of the said MORTGAGOR ro duly, pranpty ~nd fully pafam, dixhar~ execvte, effscl, compl~t~, comply with ~nd ab~ by ~~ch and every tM stipulatioes, p~sements, conditiora, ~nd cown~nls of s~id promissory ~ote and th4 mortgays any or either. and s+~d cosn, ch+rpes and expenses. each ~nd ewry. ~MII M inunedialely dus and pay~bl~; w1wtM+ a not thas be notioe d~ mand, attempt to oolket or wit p~ndioyj and tM fvll arnow~t of sach u~d every wch psyment shall bea? inter~it fram tM d+te thereof until psid +t tht rate of nine per centum per snnum; and af! iaid ooits, char~ea and expen~e~ incwted or p+id. top~ther with such iMartat, shall b~ secured by tfw lie~ of tlw mortyap~. b. 1f~t (a) in ths evsnt of ~ny breach of this Mat~~yo or default on th~ p+N of ths MORTGAGOR, or (b) in the evsnt any of said swns of ma+ey herein referred ro be not promptly and fully paid within Ih'uty (30) days Mxt ~fter the tame severally become d~e ~~d paysbk, without demand or notice. w W in the evant each and every 1he stipulations, apren+nents, conditions ~nd eovenanb of ~aid promissory note ~nd thia mort~aye any w either are ~wt iuly. promptly and fully performed. d~xF~arped, executed. effected, compkted, wmplied with and abided by, ths~ in either a any such event th~ sa~d ap~ greg~te wm me~taned in said promissory note then remaininp unpaid, with iatar~st acvued, and all moneys secvred hereby, sFwll beoort~e dw and p~y- able forthwith, or thereaher, at the option of said MORiGAGEE, u fully ard compktsly u if all of the ssid sums of mo~ey wero aginally stipulated to be paid on such day, anythiog in said promissory nots w in this Mortysye to tM contr~ry notwitF?itanding; and thsreupon or thereafte~ ~t tM optio~ of uid MORTGAGEE, witFaut notica or demand, wH st Isw or in puity, thenfore or thersafter beyw~, may b~ prosscutad as if ~II ma~eys sawred hereby had mat~red prior fo its institution. ' 7. That in the event that at the beginning of or at ~ny time pendin~ ~ny wit upon this Mortgage, or to fweclos~ it, a to reform it, w to enfwce payment of any daims +ureunder, said MORTGAGEE shall apply to the Court Mviny iwisd~ction thereof fw the appointment of a Receiver, such Court sF~all forthwith sppoiM a receiver of said mortgsged propert~r stl and singular. includ~rg all and sinyufsr tl+e i~e, profits, issues and rerenucs irom whstever source derived, exA and every of which, it being expreuly urxknrood, is hereby mort9sged as if tpecifically set farth and deuribed in ths grantirg and habendum cbuses hereof, antl wcfi Receive~ ahatl have all tl+e broad and effectiw functiaa ux! powers in anywise entrusted by s Court to a Rsceiver, ~nd tuch appointment shall be mad~ by such Co~rt ai an admined equiy and~K nrn~iol absolute right to uid MORTGAGEE, snd without reference ro the adequacy or inadequacy of tF~e valurr of the properry mortgaged or t~ the sotvency or insolvency of said MORTGAGOR or the defendana, and thet such renn, profits, incoms, issues and reven~es shall be spplied by s~ch Receiver saord'ug ro the lien or equity of said NIORTGAGEE u~d the practics of such Court. . 8. To dvly, promptly ar.d .fuNy perfo?m, discharge, executs, effeet, c+ompkte, oomply with and abid~ by each snd ~very tla stipulatio~s, apreements, conditans and coven~nb in said promissory note and this mortgage set forlh. ' 9. Thst in the event tFw owner'ship of tha mortgayed p?emises, a any part thereof, becomes vested in • pH~on other thsn tM MORTGAGOR, ths MORTGAGEE, ib s~ctessott aod auyns, may, witFqut ~otite ro the MORTGa10R, deal with such successor a wccessor in interest with reference ro this mwtpage and the debl hereby setured iA the samd mannet u with Morigagw without in any way viti~ting w discharyiig ths Mwt9agors' liability herr under w upon the debt hereby secured. No sale of the p~emises hereby mwtgaged and ao forbeuance on the p+A of the MORTGAGEE or its successo~s or augns and no extension of the time fw the p~ymcnt of the debt hereby sea?red ~rven by the MORTGAGEE a ib woo~s~ors or auiyns, shall operate ro release, discharge, modify charge or affect the original liability of the MORTGAGOR herein, either io whole or in part. 10. h a specifically agreed that time is of the essence of this contrect and thst no waiver of any oblipstion hereund~? a of the obligation sr cured hereby sh~ll at any time tF~ereaher be held to be a waiver of the terms he+eof a of the irotr~mcnt secured herby. 11 and agrees ortgagee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annual ~ow- ing: A-All real properry taues kvied w assesse I+e abovs dexribed real estate, . • B-Premiu:ns on fire and windstwm i~wrar.ce ss herein requir on t e improvements situate on the above described premises. C-Prerniums on such mortgage guarapty iniur gagee shall from Yune fit to tarry on the loan setured hereby. Mortgagee shall from ti ~ rtwrtgagor in writing of the amount due and paysbk her ~ch sum shaU thereupon be due and payable on t t nrxt monthly payment and esch succeuive month thereafter urRil mo~tgagee shall not~ of a char?ge in such premiums. i ~ IN WITNESS WHER , the uid MORT GOR F?~herevMO sef his hand and seal t~e day ~~id year first afaesaid. ! /~Siyned. 5~ ' e~in the pr of: ' ~ 1 an ~ ~ ` ~ se.n $ ' rc'+n + ~ STATE Of FtORIDA ~ • ~ COUNTY OF $t • L11C1@ ~ ~ ~ ~fae ~ ~~iiy Wonzie Walker ~ Mal'yI . Walker his wife, to me well known and known to me to be ~he individwb dewibed (n and who executed the forepanp instrument, and acknowledged befwe me that tFroy executed the ssms for the purposes ~ rherein ~xpreased. Md the said Ma7~Y 1~. W8?1lCBY : wife of the said ~bnZle Walk~! vpon s sep~r~te snd privats i ~ examinatan by me taken ssp~rate snd apart from her said husband, adcnowledged to and before me that sF~e executed ssid instrument freely ar~d volun- tarily and withovt ~Mr oompvlsion, tantraint, appreM feu of or from her ~sid husbsnd. ~ WITNE55 my hand and official sesl thn ~ll~ day of May A. D. 19 68 ~ A = Notary Publk in and fw tfa State of fbrida ~t l~~pe ~ My Commiuion ~xpireu ) / - L (t - 7! w Retum To: 0~01 ~ First F~denl S+vinps 8 losn Atsocistan ~ Of Fort P~~.a. pND RECO~, F~A• Aor~er rueuc ' ~ F1LE~ COVNj~• r C; MY Cp •:TATE ~F RORIDA AT Fort Pierce. Florida `VCIE r.^~, . ~„oEV~MISSIOP/ E~(PIRFS N ~R6E ~ . Cj~.~' ~:~(l_•~ J inwvu~M Fq~p w. OEaT~~„oN~' ~ ~ 6' This instrument prepare d hy • 1 ~ ~ . ~ First Federal Sav. & Laan A~~~'' , MA~^ - ~~~5~ ~ ~ rt Pie ce . 6~ ` ~ ~ . ~ _ ' - '~Qti ip:.CJ `~O• ~ i ~ gy . : n : ~ u~T ~ovaT ; ~ ~ ~ : ~ C' RK C~RC , C.. v _ . ~ C~'L' ~ •r__~.~1~4.~ _r ~ ~ a~~`~'~ ~2198 ~ S~'~--.-~ ~C~~ :,,i,_ . ~f ~ ~ ~ , ` _ - - - i - "~s