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Home My WebLink About1783 y ~ ~ , ~ ~ _ ~ ~ * t ~ , To plaa and continuously ke~p on tt» buildinp~ now a I.~r~afi~r ~itu~t~ on s+id land aed on aii pulpm~nt u+d p~rson+~ly cov~nd by thia mort~ ap~, with ap pr~mivms tMnon paid i~ full, fin iniwanc~ in ~M uswl studud policy fam. in t swn +PProwd by th~ MORTGAGEE. u?d wind~tam i~swanc~ tn th~ uw~l at~nd~rd policy iwni, in a wen ~pp~owd by th~ MORTGJ1~iEE, in such comp~nY or oomW^ies ~s tht MORTGAGEE n++y dinct~ and all fire u~d wind~~oan irawuia polici~s on ~ny of s~id bulldinpti ~ny IoMr~s~ thKt~ a P+~ th+rwf, in tM ~py.eyat~ wm afa+said a in ~au tlrnof, shall coetafn tF» usval standard monp+p» da+s~ a wch alw~ d+~rs~ +s tM Mortpyee may rpuir~. mak~np tM toss undK uid po14 d~s. Nch u~d ~wry. WY+bI~ b s+W MORTGAGEE a iq intK~st may app~+r. and e~ch a+d ~wry sud~ po~icY thall b~ pron?ptly us:9~ed and d~livKtd ~o ~ny MId by s+id MORTGAGEE as fwthK ~ecurity to said mortp~~ d~bt, and. not la~ thin t~n (10) da/s in advaoce of th~ expk~tioo of each policy, ro d~- livK ro said MORTGAGEE a ~unewal tha~of, wp~tMr with ~ raceipt fa tm pr~wn of wch ~enewalj and ther~ sh+ll be no fin w wind~tam inswanc~ plapd on ~ny of wid buildinps, ~ny inter~st tF~ein w put tMnof, w+leu i~ the form ~nd with IFw loss pay~bw u aiaesaidr +~d in tM ~w^t any tum of mo~y b~oon~q p~yabk und~r ~ud~ pollty or polici~a said MORTGAGEE shall haw IM option to rrceive and ~pply the s+me on auoun~ of tM indebted ntss aKw~d hK~bp p q p~tmit said MORTGAGORS to no~iw and w~ H ar ~ny psrt thereof for othe~ purposes. wilhout Ihareb~ waiviny or impair- inp ~ny puity, tiM or ripM unil~~ a by vtnw of this mortpay+t +~d in tM ~vent s+id MORTGAGORS sh~ll for a~y reason fail to keep the said pnmises so Inwnd, or f~l) fo d~liver pranptly any of ~aid polici~s of in~wsnu to said AAORTGAGEE, or fsil promptly to psy fully ~~y prani~m the.efa or in anY r~sp~ct f~il to perfwm, dischuyt. ex~cvt~. tff~cf. compkt~. comply with ~nd abid~ by this oovenan?, w sny pa.t hKeof, said MORiGAGEE may plsce ~~+d p~Y fo~ such inw~anc~ or ~ny p+rt tMnof without w~ivinp or aff~clinp aqr optia~, INn, puity, or right vnder w by virtw of this Mortpa~e. ~nd tM full ~noue?t of each and twry s~ch paymN?t sha~~ b~ a+unedi+»~Y d~s +nd P+Y~bI~ +^d sh+~l b~a~ interest fran tiw date thereof ~ntil paid at th~ raN oi nine pK crntum pa amwm and toyether with wch i~+tersst th~ll be secvrod by ~1N lien of Nss mort9aqe. 1. To pKmh, ooaw~at or wffK no wasb, kopairment ar deter'aration oi ssid p~op~?ty or ~ny part thereof. S. To p~y ~II aed sinp~lar th~ oosh, cM~s and ~zpa+ses, includin0 a reawn~bl~ attomey's fe~ ~nd cost~ of abi?racls of title, incuned a p+id ~t any tim~ by ~aid N10RTGAGEE, b~c~us~ or 1n tl+~ ~w~t of tA~ failwe on the pan of tl+~ s~id MORTGAGOR ro duty. promPNy and fully perform, discM~9~, •xecut~. ~tfecl. compl~t~, comply with and abid~ by ~ad~ and every the stip~lations, agr~e~xnts, coaditions. and covenann of ssid promiuory note and this murty~ ~ny or ~ithsr. and said cosq„ dwpss snd ~xper+ses. e+ch +~d ~va+Y, sh+ll be inunediately dw and payablet wlxther or not there be notice da msnd, attempt to oolkcl or wit p~ndin~ and +M full amount of each and eve*Y wch WY?nent sh+~~ be+~ interest fran the date theraof unt11 p~id at th~ rare of nine per aentum per ann~m; and ~II said own, d~upes +nd expenses incwred a paid. topether with such interest, shall b~ secursd by th~ lis~ of tha mort~~- _ 6. That (a) in ths iva+t of a~ry/ br~ach of this Morty~pe or default on the psrt of the MORTGAGOR, or (b) in the event any of said sums of money he.etn .ef..red ~o bs rat ~+b +nd tu~y w~d within thirty (30) days next afta the iame seve~ally become d~x and payable, withovt dem~nd w notice.. or in the ~vent esch snd every t!w sNpulations, sgr~emen». conditiaa snd eoveMna of said promiuwy note and th~s mwtgape any o? either u~ nol iufy, aomaty .~,a f~~y ~.ro.m.a. d-~.~d, .xen,~.a, ~ffected. tomPlet~d, comPlied with and sbided ~iy, then in either w any such ~wm the said ap~ gregst~ wm mentioned in said promissory note then remsiein~ unpaid. with interest aarued. and all moneys securcd hereby, shall become dw and p+y~ able forthwith, or thereafter, ~t tM option of said N~ORTGAGEE, ~t fully ~exl completely u if all of the said swns of money were w~gin~lly stiputated to be paid on ~uch day, u?ythiny in ssid promissory noro or in this Mortyaye to the contrary notwithstsnding: and there~pon or theresfiar at tM option of said MORTGAGEE, without noY~ce w dem~nd, wit at law w in equity, ti?enforo a thereahar begvn, may be prosacuted u if aIi mooeys secured hercby had rnahued priOf to ib institution. 7. That in tM even* thst st the beginning e~f or st ~ny tuns pendi~y ~ny wit upon this Mortgege, or to foreclose it, or to rafwm it, u to enforc~ payment of sey daims hereunde?. said N10RTGAGEE sha{I spply to the Cour! Mvirg jwi:diction thereof fo? ths ~ppointment of a Receiva, such Court shsll fwthwith ~ppoint a reoeivet of uid nwrt~a~~d proQKty all ~nd singulu, includ~ng all ~nd iugular the income: profib, 3uues ~nd-?~verwes flom wkatwer source derived, each snd every of which, it beinp expressly. undentood, is hereby mwtgaged u if specifiully set fath and desaibea in tlie prantinp snd habsndum clavs~s hereof, snd wch Receiver sh+ll haw all the broad and effective funcuons and powen in ~nywise eNntsted by a Cour1 to a- Receivu, and svch appointment shall be m~de-by such Cowt as +n admitted eqviry and s mstter of absolwe right w said MORTGAC,EE, and wi~hout reference ro the edeq~scy a in~deqwcy of the vslw of tM property mortysyed or to the whrency w iosotvency of said MORTGAGOR w the defendants, and that such rents profits, incorne, xs~+es and revenues th+ll be applied by such Receiver accwdin~ to the lien or puity of sfid 1MORTGAGEE and the p?actice of such Court. 8. To duly. ~o~.Prty .~d fi,ty ~o~, ~r~.9e. execute, effect, oanplete, compfy with and sbide by esd~ ~nd every tFr stipulatiora, agreemenb, conditions and tovenann in ssid promiuory rate ard this mortgage set forth. ~ 9. That in the event the ownenhip of the mort9aped premises, or any part thereof, bec+olnes vested in • penon other than the MORTGAGOR, tl+~ MORTGAGEE, its wcteuws and auigra, m+y, wifhout notite to the MORTGAOR, desl with such iuccesta a:vccessor in interest with refcrence to this mwtg~ge snd the debt hereby setured in ihe sams m+n~er as with Mortgagw without in a~y way vitiating w d~scharging the Mwtpsgon' tiability hero- under or vpon the debt hereby secvred. No sale of the premises IKreby mortgsged and no fabesrance on the p+rt of the MORTGAGEE w its suaessors or sugra snd no extension of the time for the psymem of the debt hmeby secured 9rven by the MORTGAGEf or ih auccessors or assigns, shall operafe to releast, dixMrgs, modify chsnge or affect the original liability of the MORTGAGOR herein, either io whok or i~ p~rt. 10. It b specifically agreed that time is of the essence of this contract and that no waive? of any obligation hereunder or of ths oblipaYan se- cured Iwreby slull at any time the?eafier be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add;tion to the fotEgo:ng monthly paymems of princ"pal aAd interest required by tl~e p~omiswry note secured hereby, mortgsgor covenanb and agrees to psy to mortgagee with each monthly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- i~: . . ; A-All reat property fsxes kvied or asxssed agaimt t1~e above desvibed ~ea~ estate. ; B-Premiums on fire and windstorm insurance is herein requ~red to be urried on the improvements sit~ate on the above desvibed premises. ~ C-Premivms on such mwtgsge gwranty irisurance ~s mwtgagee slufl from time to time deem fit to carry on the loan setured hereby. ~ Matgagee shall from time ro time notity mortgsgw in writing of the amount due and payable hereunder and such sum shall thereupon be due and I ; payable on the due date of the r?ext rteonthly payment and each succeuive month theresfier until mortgagee shall notify mortgagor of a change in such ~ amount. Such sums shall be applied by mortyagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranfy iruurance prem' N WITNESS WHEREOF, the said MORTGAGOR hss here~nto set his hand and seal the day and year fint aforesaid. ~ and deii ed i presance of: ~ ~ ` n 0 STATE OF FLORIDA ~ _ . ~ ~ S"f ~ Li1CIE ~ ' courmr oF ~ eefo.. n» pers«~.~ ~ Chsarles M. Ney .~d ` ~r~~"j fy his wife, to me well known ~nd known to me to be the indiridwb described in and who executed ths for~yoinp insbumant ~nd ~cknowledped before me thst they executed tM same iw tM purposes rh~ei~, .xp.~,Kd. a,a th. .,-r porothy R. Nty ` Ch~?sles M. ~ wife of th~ said " ~y . ~pon a sepsr~te ~nd privat~ examiMtion by me taken sepuate snd ap~rt from her said husband, acknowledged w and befwe me t!?at she exec~ted said i~ntrument freely ~nd volun~ ~ tarily and withovt any compulsion, constrsint. ~ppreMnsion or ~fe~ of or from her s+id husband. ` WITNESS my Fund and official ~eal this ~~•l-~t ~y ~ ~p ~e= A. D. 19 68 ~ . sry Public in and fw the State of florida at luye My Cor~ission e~pires: 9, Z 3-~o ~f - Retw~ Ta. ' -.r<<`u~.s~~~~r.~,~r' P1~1[i"•~! 0~ ~Idi it ~qt Firs+ Feden) s.vi~ps i to,n ~?.soci.tion ; • • r • ~ ` ~ ~ ~ 23. 1965 v, ~ Of Fort Pierce. ~ ' : M~N~ b A~ Fr~ ~ Gwrfr Ce,~ _ ~ P~«~. Fb.~. - ; ~ FI~ED r _ ~ : . ; . . ~ : : AND RECORDED • - _ - ST, LUCIE COUNTY, _ ~ ; • ; ' RE~CORD VERIFtFp~A. This Instrument Prepsred By - ~ . - ~~451~ First Federal Savings b loan Association , ~ '68 SEP • of Fort Pierce I 1 AM I I' 8 'r.. . • ~ Chedced By J. D, Chastain r~ ROGER POIT Ag CLERK clRCUrT COURT " ao K173 P~~7'7p ~ h:.t~' ~ : : , _ - - - -r - - -