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Home My WebLink About1014 , i , ~ i t To piaa ~nd aonttrnw~nly kNp on tM buildi~ naw a he~Nhu Ntw» on said land snd on all puipmN+t ~nd p~nonaily covK~d bY tAk ma1~ s p~, with ~II premiwm tlwr~an p~id in full, fin insuranc~ in tM vswl tta~da~d policy fam, in a sum approwd by tM MORTGAGEE, aed wind~twm i~anw tn tM ~wal tta~dard policy fam, in • wm app~owd by tM MORTGAGEE, in wch con+p~nY or comPani~s +s th~ MORTGAGEE en~r ` dindt ~d sll , fu~ and wind~tam inwra~a polici~s on ~ny of wid buildinp~„ ~ny tnNrat tlwr~in w put thK~of, tn tIN ~pprp~r~ wn+ ~foraald a ~ In ~xcaa tMrwf, ah+ll cont~in tM usual standard mony+yN clw~ or wch aha dause a~M Mort~+p.. m+v nv~~n. a?+kkg tM toa w~dK aid po1E ci~s. ~sch ~nd ~wry. WYabb to ~aid MORTGAGEE a its interest m~y ~ppN~. ard Nch uid ~wry such po~icy sMil b~ p~omptly us:9n~d ud d~llwnd w any MW by ~+W MORIGAGEE as fwthu Kcwity ro sNd mortps~ d~bt, and, oot I~ss tiwn t~n (10) days in ~dvaaa of tM ~xpiration of ~ach policy, w d? tiv~ to uW MORTGAGEE • r~wd tMrwf, top~tMr with a nceipt fw tM pnmiwn of svch r~rwwsl~ ar+d ther~ aMll b~ no fir~ w wir~torm Inswana plaad on ~ny of aW buTld'ugs, any int~ra~ tha~in a p~n ther~of. uolas in th~ fonn ud with tM loss pay~bl~ a ~fonsafdt +nd in tM ~w^t +^Y wm of moMy bec~on~s p~yabl~ undK such policy or polici~a ~aid MORTGAGEE sMll Mw tM option to no~iv~ u~d ~pply th~ s+me on aocow~~ of th~ Md~bted- nes~ s~cw~d I~utby a w pKmh s~id MORTGAGORS ro noeiw ~nd us~ N w any part thereof fo~ other purposa, wi~hout thercby waivi~p or imp~ir- inp ~ny puity, li~n or ripht unds~ or by virtw of 1Ns nwrt~ap~t +~d in tM ~w+~t wid MORTGAGORS sMll fw any roason f~il to ke~p tM wid pr~mis~s w insor~d, o? fall b d~liw~ promptly ~ryr of s+id potiriss of tnswu~o~ to said MORTGAGEE, a f~il promptiy fo par fully any pr~mi~m thu~fp a in ~ny ~espect f~il w pMfwin, disciwy~, ~x~cut~ ~ff~ct, compbt~, comply wtth u~d abid~ by this aovenant, or ~ny put hKwf, said MORTGAGEE m+y pl~ ~nd P+Y for such irovr~nu or any pah tMrwf wNhout wahrirp a ~ff~cNnp +np oPtiaa ~Mn, wutry, w~M un~? w by vUtw of thts Mat~. ~nd 1M full an,ount of ~ach ~nd w~ry such p~ym~nt ~II b~ imm~di~tely du~ and payabl~ and sh+ll b~ar tntKast from th~ dab thKwf until p~id ~t tM at~ 01 nin~ p~r centum pK amum and topethsr with such ioterasr sh+il b~ secvhd by tM li~n of N~is mortpp~. 1. To pKmit, oamdt a wffK no wut~, impairrt~t a d~tKiorNion of said propKty a any part tMreof. S. To pay all and ~inpular th~ cosis, ciwrpa +nd ~xparoes„ indudinp a nason~bl~ attwney's fN ~nd aosri of ~bah~ds of tHl~. i~cuR~d or p~id at any tirn~ by wid MORTGAGEE, b~uua or in th~ ~wnt of tM f~iluh a? th~ put of tM s~ld MORTGAGOft to duty, promptly and f~lly pKtorm„ d'achu~ execvt~, effeet. compkt~, oomplY with ~nd ~bid~ by ~ach and ~w~y t!w stipulations, pr~emenn, condifiom, and oownanb of uid promiuay not~ and thb mortpap~ aoy or ~itMr. and said coats, cMrp~s and ~xp~ns~s. Nch and ~wry, sh~ll be k~vn~diately due snd p~y~bl~: wh~tlw~ or eat tMn M notia~ d~ msnd, an~mpt ro ooll~cr a wit p~nd'u+pt aed t1» fi?II amount of wch and wKy wch p~ym~n~ sMll beu int~nat han th~ d~h tMnof w~til p~W ~t th~ rate of ~e p~r untum per amwnt and all said ootts, tharyu and ~:p~nsa intw?~d or p~id, top~tMr with such iMU~tt, ~hall b~ s~a+r~d br t!» 1Mn of ti~N mortp+~. 6. That (a) in the r+eM of a~y br~ach of thb Mortpap~ w d~fauit on tlr paA of ths MORTGAGOR. a(b) in tM ~wM aM? of said wna of na~My herein ?~fNred to bs ~wt promptly ard fully pik! within tbiny (30) days rnxt aha tM s~rr~ s~ver+ly becom~ dw and p~yabl~, withow d~m~nd a notia. or (c~ in tM ~wnt ~ach and ~wry the stipvlatiora. ~ean~n», weditiau and oovManb of s~id promissory note ~nd tha monpp~ any w eitMr an ~w1 iuly. PraePty and fuHy p~rform~d. distMr~d. ~x~wt~d. ~ff~ctd. tompl~ted. oo~nP~id with and ~bided by, t!»n In ~itMr w any ~uth ~vent th~ said ap~ preyat~ avm menta~ad in said promiuay not~ thtn nrnain:np unpaid. with int~nst ~ttrued. ~nd ~il monty~ wtw~d hK~by. ~hall b~tom~ dw u+d p~y~ abls forthwitl~, w thereah~r, ~t tM option of said AhORTGAGEE, as fully and eampl~tely ~s if all of tF?~ s~id wena of ma+~y vwn orip'x+atly stipul~tsd to t» paid on wch daY, snythirg in said prort!issory nots ar t~ thb Mortp~ to the contrary notwitMt~ndinp: and thKwpon or ther~aft~r at tM option of •aid MORTGAGEE, witFaut notia a d~mand, wit at I~w or in pvity, tFwefor~ or tMr~aNK bpue, may b~ pros~cwed ~s ff all rrwmys a~cvnd Iwr~by had matured pr'wr to itt iostitvtion. 7. That in th~ went tMt ~t tM b~pinr?in~ of or ~t any tien~ pendiny any wit vpon thh Mortya~, w to fw~clow h, a ro nfwen N, a fo entora payment of any claims Mrevnder. uid MORiGAGEE shall ~pply to th~ Court havirg iwadiaion thereof for th~ ~ppointrt~t of ~ RecNva. ~uch Cowt sMll fwthwith sppoint a receiver of u1~ mortpy~c! prop~rty all and tinp~l~r, includirg all and sirpvlu tM ineon~, profits, issws and rwa+ves from wMt~w? wurc~ d~rived, each and evsry of wh~tA, it b~inp ~zpreuly und~rstood, it h~reby mortpaged u if sp~cifiully wt forth and d~wib~d in tM p~~ntinp ar?d habe~dum clavses hawf, snd wch Rsc~iwr shsll h~w ~II ths broad and effectiw fuoct~a+s ~nd pow~n in anywise eMrusted by a Court tp a Rxeiwr. ~nd such appointment sMll be mad~ by wch CouA as ~n admitted eqvlty ~nd a m~tt~r of ~bwlut~ ri~ht fo uid MORTGAGEE, ~nd withovt rofK~nc~ to fh~ ~ adequacy or inadeqwcy of tM v~lw of th~ propt~ty mwtp+ped w to ti» soNa+cy w insotve~cy of saW N10RTGAGOR or tM d~f~nts, and that such rems, profin, incoe~e, bsws aod r~wows sMll b~ appli~d by such R~iver acwrdinp to tM liee w puity of said lMORTGAGEE and tM pwctia of svcA CouA. 8. To dufy. pron+ptty ai+d fully puform. dacha~. exewt~. ~ff~ct, oomplet~, aomply with ~nd aWd~ by std~ ~nd every tM stipu{ation;, pr~nts, condiYam and covenann in wid pramla~wy not~ and tha mo~tya~ s~t fwth. ' 9. That in th~ ~wnt tM own~rship of th~ matysyed premisa, or ariy pa~t tl~wf, becomes vestsd ln a pKSOn other th~n tFw MORTGAGOR, th~ MORTGAGEE, Hs wccesson and ~uipm, may, without ootics to tM MORTGAOR, dsal with wch suoc~ssor w waKaor in intere~t with ~ef~r~ncw to thb mon9ape u?d the debt her~by s~evr~d in th~ ~ame ma~x~er u with Monyapw withow in ~ny way vitiatinp w dischsrpirg tl» Mort~+pa~' liabllity h~n~ r under or ~pon the debt F+er~by teared. No ~al~ of tM premi~ hereby mwf9a~d ~od no forb~ar~nce on th~ part of tM MQRTGAGEE w it~ s~aessws ! or aui~m and no ext~raion of the time fw ths paym~nt of tM debt hereby s~c~red yiwn by the MORTGAGEE w its suco~uaa a wipns, ahall op~tatt ro rsl~ase, discMrp~, modify ch+np~ w affect tM oripin~l li~b~lity of tM MORT6AGOR h~reu+, either in wFwt~ a In part. 10. It b sp~cifically yned th~t tim~ k of tM essenu of thb oontract ~nd th+t ro waiwr of ~ny oblipaYan wreunder or of th~ oblf~ation tr cured hneby shall ~t aoy tim~ thereaher b~ Mld to b~ a waiv~r of the temu Mnof or of ths in~trun+ent s~cutd Mrby. 11. In addition fo the forego:ng monthtY payments of princ:pal ~~d interest rpuired- by tFa promiaory nole xcurod Mreby, mo?tpspor aown~nb and apr5~ to pay to mortyay~e with sach monthly paYment ~n addiriond sLm estimat~d•bY inatyaq~~ to b~ equal ro 1/12 of the annwl aoaf of th~ follow- . ~ ~ A-All r~~l property tax~s I~vi~d or asseased syainst the abov~ dewibed real esut~. . ~ , - B-Premiums on fire and winditorm i~uw~nu as herein required to bs urried;on tM.iqiprovert~enri aitu~te on ths ~bovs dewib~d premiNS. C-Premi~ms on wcb mortg~pe ~uaranty inwrance a~ mortpap~s ahall from time to t~me deem fit to c.~rry on the ban secvr~d Mt~by. j Mortpapee sball from time to time notify matga~or i~ writinp of tM amoum dw and payabl~ herevnd~r and wch wm sFull tMrwpon b~ due a~d ~ payabl~ on tM due data of the next mo~thly payment and ~ach wcc~tsiw month thereafter until mortp~yee shall notify moApayor of a chanp~ in such amount. Sud~ ~ums ahall be applied by matppe~ toward the paym~nt of re+l properry f~zts, inturanc~ premiumt, and mwtyape yuu~nty irovru~t~ premium~. • IN WITiJESS W REOF, • ~aid MORTGAGOR has herwnto tet his hsnd ~nd ssal th~ d~y y~a • fint aastd. Si e~d, S~al~ ~d ~.pna~nn ofs ~ ~ ~ " b~ ~~1~. ~e.~1'f ~e..q ~s..q STATE OF FLORIDA ~ ~ ~ St. Lttcie ~ courm oF Mfon ,n~ q„ond~y ~pp~.nd L. P. Cozbitt .nd Allnie Bell~ Coubitt w, ~p k„o,,,,~ ,nd kt~ow~, ro n,. b b. rhs tndividuats deaaibd tn ~nd who ~xewt~d tlw fapoinp iratrwr~nt, r~d acknow!.~.d Mfon m~ that M~y ~x~wt~d tM ~ fa tM purpwa ~ Annie Btll~ Cozbitt wst. of rh~ s~td l•• p. OOrbitt • . ~pon . s~pa..t• and prtvd~ ex~mination by m~ tak~n ~parat~ ~nd apart hoen hu wtd hwbsnd. ~dnwwl~dp~d to and b~fon nN that sh~ ~x~wt~d s~id (natrsirt~t frwly ~nd volwr rsr~ly ~nd withovt ~ny compul~ion, corotntnt, ~ppn~ar fw of or hom Iwr saW hwband. WITNESS my Fwnd ~nd official ~I thh d~y of H~= A. D. 19 ~ ~lir. i - , I Naary Pvblk te ~nd fa th~ St~» of Florida •~t ,i~t,~j'' • , , . . , , AAy Com~uion ~xpir~se , R~tum Ta ~ • , /.l -3 - ~f' /r . , ~ fIm F«Mrd Savkp~ i loan /luociation - ' ~ - • - ANO RECORDE~ , or F~., P».p. F~~EO UNTY ~~A' ...,.f t~~al~. =TA~c tlf fLuWYA ~T; ~ fOft PINt1. FIWI~ r jT. LUC1E E R I FtEO pN~ M R~ F R[ D W. OI~~E•!TE N~ ~ i~ I ' coRO 6 : ~ ~ 9~ " This instrument prep~rld by ~1-~~ : 3 ~ . - ~irst Feder~l Sav. b loan Assn•. fi8 H~ ~ AN f fort Pierce . BY • Rp rFt POtTR~S - ~ ~ C~EaK C1RCUIT COURT ~ eooK 174 P~10~ j ~f ' ,~r..~......_.,..~e~.,~~ - -