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Home My WebLink About0243 . . ~ t ~ , t ~t:~ 9. To plaq and contiixiously kNp on tM buildinps ~ww a h~rNfi~ ~itwq pn ~ay land and on all e~uipmeM and pasa+ally cowr~d by this mo~t¢ p~, with all pr~mhims therwo p~~d in full, fih inswanc~ in ths ~wal ttandard policy form, in a svm spprowd by tM AAORTGAGFE, aad w~lam ?n+w+nce tn th~ vswl standird policy forny tn • wm approvd by tM MORTGJIGEE. in svch company or companies ~s th~ MORTGA(3EE m~y dintt~ ar~d ~II fir~ ~nd windswntr•i~x~np policiss on u?y of s~W build~nps„ ~ny inhr~st tFwein or p~n thttwf, in tM app.eyaq wn? ~for~s~id a In ~xc~ss theroof, ~Aatl contain th~ uwal stmdwd mortQaQN ctaua~ a such otMr claw~ as 1M Matpa~e~ may req~'u~, m~kiig ~F» loss undK taid po1F ciK, ~sch and ~ve?y. p~Yabt~ to said MORTGAGEE as its intKat m~y app~ar. md eacA and ~wry :uch policy .~hsll bc promptly ~a:yned and d~livaad W aey Mld by s~id MORTGAGEE a funha ~rity to s~id mortpa~ d~bt, and not kss th~n tM (10) d~ys in advanu of th~ ~xpiration of tach pplky, to d~. Iiwr !o wld NWRTGAGEE • rsn~w~l tMreof, to~etliu with • rec~ipt for tM premium of svch nnewslj ~~d there sh~il be oo fUe a windatam inwraou plaad on ~e~r of said bulWirgs, ~ny interest tharsie or p~rt tMreof, unisss tn tht form and with th~ los~ p~yaMe ~s aiwesaidj u~d in tM ~wnt any wm of monsy beoonwt p~yabk wd~ wth po~ky a pdWy sa~d /y~pQTGAGEE shall Mw tM option to rtceive and .pply tM sa~ns on accoun~ of tha ind~btsd ness s~cu?ed Mr~b1r w to p~.mit said MpkTGAGORS w«aiw and uw ft a ~oy put thereof .fo? otFu. pwpoaes, wi~hout ~hereb~ waiv~nq w impa~a irq anY sq~+ity, lirn or ~i~ht w~dsr or by virtue of this mortpay~t and in th~ ~wnt said MpRTGAGpRS shalt for any rea~on fail to keep the ~ald pr~misss w inwnd, or f~i) fo dtliwr promptiy any of ssid policies of ieawsixe to ssid MORTGAGEE, w fail promptly to pay fully any premium therefor or i~ eny r~pe~t fai) b pufor?n, discharpe. ~xecuts, effect. oompkty corr~ply with a~d ab;d~ by this oover?ant, a any pan hK~of, sak! MORTGAGEf m~y plaaa ~nd P+Y fw wch 4awanc~ or any piM th~reof wlfhov~ waivinp o? sff~di^p ~nY oP~w~4 ~IM. eq~1M. a ry9ht under or by virtw of this Mart~pe. ~nd tht fvll amount of ~+ch ~nd ~wry such payman ~MII be imrnediately dw and p+ysble ard ~halt beu int~re~t hom ths dat~ thereof w+til paid at tM rah of nirn per cKUwn p~r atiwm ~nd topetF?e~ with wch intKest sMit b~ securad by th~ tiM of this mort9ape. 4. To pKmtt, oommtt or wffer no wsste, impairmset or deteriwation of aaid prppe~ty or ~ny psr~ thereof. 5. To pay all aed stnQulx ths cosy, ~es and expMSe~, includinp a n~sonabk anan~y's fee and oosh of ~bstracts of title, incvned w psW at any time by said MORTGAGEE, beuuse or io ths ~vent of tM failure o~ tM p+r1 of ti» uid MURTGAGOR to duly, promptly ~nd fvlly perform diuh~~ execvt~, ~ffad, complst~, comply with and abide by each arK! every the :tipulations, agreeme~n, conditiwa„ snd covrnann of ssid pranissory noro uid this +nony+p~ uh? or eitha~. and said cosy, eharyes ~nd expenses, cach and every, sMll be immadiately due snd payable: whether or rtot tMre be notice de, mand, attempt to colktt or wR paxlirgt ~nd ths full anount of ~ach and every such paymem shail bea~ interest from the daro tl~ereof until p~id at t!K rate of oin~ pei tentum pe~ an,wrry and all said aost~, charges snd expenses intvrred or paid. Iogether with such int~rsit, shall b~ sstwsd by ths ti~n of thil ^wrt~p~• 6. That (a) in the went of any breach of this Monyape w default on tM pan of the MORTGAGOR, w(b) in tM event uiy of aid wms of mon~y herein refened to be not promprly and fvlly psid within tbirty (3p) dsys next sfter the same severally become d~re and payabk, without demand or not~oe. or in the evem each and ev~ry the stipu~ations. sgreemems, cor~difions arul tovenants of sa~d p?omissory nots ~nd tFus mortpaye aoy o? ~ithar are noi i~ly. Prompty and fulh Perfon++ed. d~acharyed, exacuted, effected, campkted, compl~ed with and abided ~iy. !!x~ !n either or any such ~wnt tM aid a~ greyate wm mentia~ed in said promissory nofe then remaini~g unpaid. with interest ~ccrued, and all ma~eys setured hereby. shsl) betom~ dw tnd p~y~ able forthwith, u thereafter, ~t the option of said MORTGAGEE, as fvlly and cary?ls~ely as if aU of the wid wms of eq~ey we~s originally stipuk~ed to be paid on wch day, anything in said promissory note a in this Mortpaye to the contnry notwithstsnding; and therevpo~ or the~eaher at the option of said MORTGAGEE. wirhout notice or demand, svit at law or in pvity, therefwe or thereafte? begun, may be prosecuted as if all nwneys sacur~d hxeby had m~tured priOr fo in iostif~tio~. 7. Tha~ in tM eve~nt that at the begirn~ing of or at a~y tims per~d'inp any suit upon this Mortg~ge, w ro ioreclose it, or to refwm it, or to entorp payment of a~y claims hereunder, said MORTGAGEE sMll ~pply to the Gowt having jurisdict'wn thereof fw the appointment of • Reteive?, such Court sMll forthwith ~ppoint s reaeiver of said mort9aged prof~e?ty alt a~d singuter, inclvd~ng att and sirgvlar the income profits. essues and revenuea fra» whatever so~roe derived, each and every of which, it beiny exp?euly unders~ood. a hereby matgaged as if specifically set forth and dewibed in tM ~rantinp and ha6endum dauses hereof, and such Qeceiver shall F~ave all ti?e broad and effedive funct~ons aod powers in anywise entrusted by a Covrt to a Receiver, and such appoFrtrrrKnt shall be msde by wch ~ourt ss an sdnitted equity and a mattu of absotute right to said AhORTGAGEE, and without reference ro tl+e adequacy or inadequacy of the vslue of the propertp mertgs~ed ar fo the sowency or ;nsolvency of said MpRTGAGOR a the defe~dann, and that such rents, profits, incane, iuues and revenues shatt be applied by sucl~ Receiver acoording to the lien or equFty of said MORTGAGEE the pradice of such CouA. S. To duly, p?omptly aed fvlly perform, discharge, execute, effect, complete, comply with and abide by each ~nd every the stipulatio~, apreans~ts, conditiom and covenants in said promissory note and this mortgage set forth. 9. Thst In the event the owncnhip of the mortgayed premises, or any part thereof, becomes vested in s pe?son other than the MORTGAGOIt, ths MORTGAGEE, its wccestors and suigrn, msy, w;thout notice to the MORTGAOR, deal with such succeuo? or successw in interqt with refererrce to this mortpage and the debt FKreby secured in the same mtnner as with Mortgagw witFqut in any way vitiating w distharging the MoHys~ws' (iability 1~ere- v?xler or ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or ih suooessors or auigra and no exte~ian of the Yune for the paymeM of the debt hereby secured yiven by the MORTGAGEf or in tucoeisors w auigns, shsll opaat~ to releass, diukarye, modify change or affect fFa origirwl liability of the 1NORTGAGOR hesein, either in wFak or !n part. 10. !t b apetifitally agreed that time is of ths essence of fhis tontratt and thst no waiver of any obt'gation hereunder ar pf ths obliy~tion s~- cur.d hK~by shall at any rime rhereaher bs F,eld to be a waiver of the terms heroof a of the insuw.,em secvred herby. . F 11. In additan to the fw month ego:~9 ~y payments of princ:pal and interest required by the promissory rwle secured hereby, mortgsgpr ~pverWnn ' and agrees to pay to mortgagee with each mortlhly payment an addi~ionsl sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- iry: A-All ~eal property taxes kvied or assessed agai~st the above described resl estate. B-Premiums on fire and windstorm insurance as herein reqv~red to be carried on the improvements situate on the above described premises, C-Premiums on suth morigage gva~anty inswante as mortgagee shall from time to time deem fit to carry on the loan secured ixreby. Mortgagee shap from time to time notify mwtgagor in writing of the amount due and payable hereunder and :uch wm shall thereupon be d~re snd paysble on the due date of the next monthly payment and each successive month thereafter until mortgagee shatl notify mortgagor of a change in wd~ amovnt. Suth sums shall be applied by mortgsgee toward the payment of real property taxes, ins~rance premiums, and morigage guanMy inwranca premiums. - ~ IN WITNE55 WHEREOF, the ssid MURTGAGOR has hereunto set his hand and seaf the day snd year fir:t afor id. ~ Sgned Seated and delivered in the presenca of: Y nn a r n n ~--n • ~-o STATE OF RORIDA counmr oF ~ADE ~ ~ Bsfore me perw~ally appearod MBrv Arit! Bg~Y~ A C i IIfl e Ad~~l ~ ths ind'rvklwl? destribed in and who exsurted ths fore9oirg instrwnent, and acknawt ~~~e• to me well known And known to me to be therein expressed. StM1~11hA~ , before me that ~jeY, executed the "same fw tl~e purpwes ne `,~N~1i.1 ~~~t WITNESS my hand and offklal ssal day of C . FILEO AND RECOR8g8~ ~ _ls'~~~~ ' ST, IUCIE COUNTY. FLA:~ ?~+?v P~b~K +,+d to? the State of Flqci~j ~r Retum Ta RFGORD VE(RI~F+IED My ~°'"""u~' e'~"e'° t.'~,~ sde ~ ' ~ Flrst Fsdeal Savings t~ losn Astociation ,1 I 1a7V V ~T . Q~ ; Of Fort Pierce. MY p~ ~F af FLOR19~ ~ .~j . Foct Pievice, florida ~6A ~ GZ ~ IO • tnaotwl~ ~EXaPEfR~E~•I{AD ~ca~~.•' ~r ~C . ' This lnstrument Prepare~aOGER ~'OITRAS ~ • First Federal Savings b loan A ~~~RCUIT COURT..' ' of rt Pierce . Chedced Boox 174 24~ ~ - r ~ j ~Y ~ _ . cf