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Home My WebLink About1330 ~ ~ ~ 3. To plac~ ~nd conHnuously ke~p on th~ buildinys now or Mre+R~r utusq on ~~id I~nd +nd on all equlpment and penonaily cov~r~d by thh mat~ irnurance in1 the swt sia~i+ds d pol~cy fam. fin • sum approved byu tMt MORTGAGEE, f ~ms h,company~w compan yMORTG~GE~R GACaEf E~msy dinctt a~+d all iin and windstwm insur~na policiea on any of said twild~npi, sny intsre~t the~ein w p+?t thereof, in tM apyreyate sum ~fons+W ar in ucctss thereof, sMll contaln ths w~al standard matgspN clsuse w i~cF~ otha clauss ai tM MatyaBee msy req~ir~, makirg 1he lou wKla w~d po~F Nss, esch and evtry. payabk ro said MORTGAGEE as in interat may appe~r. +nd each and ~very iuch po~icy shall b~ promptly ~u:yned and delivered to any heW by iaid MORTGAGEE as tweher seturity to said morspage debt, and, not leu 1h+n ten (10) d~ys i~ advance of tF+e expiroYwn of each policy, to da liw? to said MORTGAGEE a renewal thereof, topether with a receipt fa the p~tmi~m of such renewat; and tAere shall be ~o firs or windstorm inw~ance placed on ~~y of said buildings, ~ny interett therein or part thereof, unles~ i~ the form snd with the loss p+Yable as afwesaidj and ln 1FN ewnt any tum of money becomes payable ~nder such polky or policies s+id MORTGAGEE ~hall have the opt~on ro ~eceive and apply the ssme o~ account oi the indsbted- neu setur~d hereby w to permit said MORTGAGORS to reteiv~ snd uss it Ot any part thereof fa other purposes, without thareb/ waivi~~g w unpair- iny any puity, lien or ~ight urder w by virtw of ihis mortpa~a; snd in the event said MORTGAGORS shali iw any reason fail to keep the said p?emises w ins~red, o? f~ii to deliver promp~ly ~ny of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium therefa o? in ~ny respect fail to pafwm, discharge, execute, ~ffact, complete, comply wi?h snd ahide by this covenant, or s~y part hereof, said MORTGAGEE msy pl~te and pay for such inw~anot w+ny ps?t thereof withwrt waivin~ or ~ffactinp a~y option, lien, eq~ity, o~ right v~de~ w by virtue of this Mwtgaye, and the full smo~?nt of each and every such payment shall be immediately due and payable ~nd shall bear interest from ths dste thereof uMil paid ~t th~ rat~ ol nine per centum pe? a~rwm a~d to;~ether with wth interest shall be setured by the lien of Ihis mortgage. 4. To permlt, commit or wffet no waste, impairment w deterioration of said property or ~ny pah thereof. 5. To pay ell snd singulu the costs, cMrges ~nd expenses, including a reasooable attorney's fee and costs of abstracts of title, incurred w paid at any time by said 1MORTGAGEE, because or in the event of the failure on the pa?t of the said MORTGAGOR to duly, promptly and fully perform, diuhsrg0. exetute, effect, complete, comply with aod abide by each and every the stipulations, ayreeme~ts, conditions, and mvcnant: of said promissory note and this matgage any or either, and said costs, chargs and expenses, each and every, shall be immediately due and payable; whether or not there be notice da msnd, attempt to colkct or suit pending; snd the full amouM of aach and eve?y such paymem shstl bear iMerest from the date thereof u~til p~id ~t the rate of nine per centum per an~wm; and all said costs, charges and expenses inturred w paid, together with such intarest, ihall be secured by the lien of thu mort9ye. 6. lhat (a) io the evcnt of any bresch of this Mortgsge or default on tM part of the MORTGAGOR, w(b) in the event any of said iums of mo~ey herein refened to be no1 promptly and fully psid within thirty (30) days next after the same severally betome due and payable, without demand or noYite, or (c) in the event each snd every 1he stip~latio~s, agreemenri, conditions ar?d covenants of said promiuory oote and this mortgage any w either are not ~uly, prompNy a~d fvlly perfwmed, discharged, executed, effetted, tompkted, complied with and abided '~y, then in either or any such eveM Ihe s+id ap- gregate wm memioned in said promiuory note then ~emaining unpaid, with imerest acuued, and all moneys secured hereby, shall become due and pay~ able forthwith, or therea(ter, at the option of said MORTGAGEE, as fully and completely as if all of the said wms of mor?ey were originally stipulated to be pa~d on s~ch day, anything in said promissory note a in this Matgage to the contrary notwithstanding; and thereupon w fhereafta at the option of said MORTGAGEE, without norice or demand, suit at law a in equity, therefore or thereafter begun, may be prosecuted as if all moneys iecured F~eby had mat~red pnor to iri institution. 7. Thaf in fhe event that at the beginning of or st any time pe~ing a~y suit upon this Mortgage, or to foreclose tt, o? fo reform N, or to enfores payment of any claims hereunder, said MORTGAGEE shall apply to tMe Court having jurisd;ction thereof tor the appo~ntment of a Receiver, wch Court shall forthwith appoiM a receiver of said mortgaged property all and singular, includmg all and singular the income, profits, issues and revenues from whatever wurce derived, each and every of wh~ch, i~ being expreuly vnderstood, is hereby mortgaged as if specitically set fath and described in the yranting and hatxndum clawes hereof, and such Receiver shall have all the broad a~d ef(ective funct~ons and powera in a~ywise entrusted by s Court ro e Receiver, and such appointment shall be made by such Court as an sdmitted eqvity and a matter of absolute right to said MORTGAGEE, and without reference to fhs adeqvacy d inadequacy of the value of the propaty mortgaged or to the sotvency w insolvency of :aid MORiGAGOR a tF+e defendants, and that such rems, profitf, income, iuues and revenues shatl be applied by such Receiver according to the lien a equity of said MORTGAGEE a~d the practice of such Coutf. 8. To dvly, promptly and fully perfwm, discharge, execute, eifect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory rate and this mort9age set forth. 9. That in the event the ownership of the mortgaged premises, w any psrt thereof, betomes vested in a person other than the MORIGAGOR, the MORTGAGEE, its succeuors and auigns, may, without ratice to the MORTGAOR, deal with such successor w successor in interest with ~eference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or diuharging ihe Mortgagon' liability herr under or ~pon the debt hereby secu~ed. No wle of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successon or assgns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEf or its successors or auigns, shall operate to release, discharge, modify change w affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contrad and that no waiver of any obligation hereunder or of the obligaYan se- cured hereby shali at any tirt?e thereafler be held to be a waiver of the terms hereof or of the instrument secvred herby. 11. In add~tion to the forego:~g monthly paymenls of princ:pal and interest required by the promiswry no~e secured hereby, mortgagor covensnts and agrees to pay to mortgagee with each monthly payrnent an_add~tional sum estimated bY ~?tgagee to be equal to 1/12 of the annual cost of the follow- u'g` ~ - A-All real property taxes levied or assessed agai~st the abpve deu~ibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desaibed premises. I C-Premiums on such mwtgage guaranty irtsurance as mwtgagee sFwll from time to time deem fit to carry on the ban setured hereby. ' ~ Mortgagee shail from +ime to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be d~e and payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee sfiall notify mortgagor of a change in such amou~t. $uch sums sF.all be applied by matgagee toward the paymenf of real property taxes, insurance prem~ums, and mortgage guaranfy insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a year firsf a sa' . igned Se~led and deliver n the presence of: an aq _ ~ ~ ATE OF FLORIDA 1 ~o~~ oF sT , wciE i~ eefore me personally appeared ~dY@w `j. Goodaon a~ Carnen M. Goodaon his wife, to me well known and known to me to bs the indiridw(s described in and who executed tF~e fw instru t, nawledged before me that they executed the same for the purposes rherein expressed. Md the wid ~~~n ~O~SOri ~ Andrew J. GOOdsOl1 upon a separate and nste ` wife of the wid ~ examination by me taken ceparate and apart from her said husband, adcrawledged to and befwe me that she executed said instrument freely and volurr tarily ~nd withoW ar~y compul4ion,: constroint, app?ehensio w feu of w from her ssid husband. WITNESS my j~~d,~l~ offkial seal thi day of V@i~be! A. D. 19 68 ~t.~ ' ~ ~ ~ _ ~ } t ~ ~ ~ ~ ~ ' " Notsry Pubiic in and fw the State of florida at Larpe , ~ = FILE~ AN~ REC,OY~F A. My c«~~u~«, ~xa.~: ; . : ~R~i~:~ Ta g?. LU~~~ COUN ~ Fi~s~ Fede~it sar~~s d. t~.~?~ocat~ R~~ORD VERIFIED Nobr~? P~c. State of F~aid~ ~t trqe : Of~ort Piert ' : = i,7218?~ :;r eo~~ ~ sa~. 1969 ~ ~y /a~`~~, ~{~•.Lt'.C , ` • b.d~d b A~rkw fiw i Crw4r G- . c~-~ t.,o . ~68 NdV IS 3 3Z ' . This Instrument Prepared By Firs~ Federal Savings 8~ loan Association Rp~E POITRAS ~ of Fort Pierce ~~ERK CI CUIT COURT± Checked By Jaaes D. Chastain _ / i - ~ ~ , ~ ~ ;