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Home My WebLink About1360 ~ ~ ~ 3. To plu~ ~nd continuously k~ep on tM buildinps now a here~hN ~itu~te on said la~d and on all aqulpm~nt ~od penon~lly cov~red by thit morp- pe, with all ptemivms the+eon paid ;n full, firo insursnte in tta uswl :tandard policy fo~m, &t a sum +pp?ovtd by tFa MORiGAGEE, and windstorm inswann In ths ~swl at~ndard policy lorm, ie s sum spprwed by tM MORTGAGEE, in wch tompu?y or companies +s 1M MORTGAGEE m+y dirMj and all fin and wiodsrorm insurarwe poticiss on ~ny of ssid buildN+ps, any interost ths.ein w p~A theraof. In tM a~reyst~ svm afor~ssid or in ~zcess tnereof, sMll contstn ths usval :tandard mwtyaQ~~ ciaus~ a susF? otha claus~ ss tF» 141ortgsges m~y requ'ao, rtwkinp IAs Iws undK said po1E cies, e~ch ard weryr, psyabk b saM MORTGAGEE ~s iq iMerest may ippear. and each ~nd avery wch poliq shall bs promptty au:9ned u~d delivered to +ny heW by aid MORTGAGEE n furthe? secu~ity to s~id ma~9age debt, and nof kss fM~ t~n (10? days in advsnce oi ths expl?ation of each polity, to d~ liver to said MORTGAGEE a?e~ewal therwf, tapether with a rxeipt tor the pr~mium of such ~enewal; and the~e shall be no fire or wind~tam insurance plapd on ~~y of said b~rildin~s, any interett thsrein or pa?t tF~ereof, unleu in tF~ form and with the toss payabte as aforesaidJ and in the ewnt any :un+ of monty become= payabk uridK such polky a pol;c'as said MORTGAGEE ~hall h~ve th~ option ~o ~eceive and apply tha s~me on accouM of tAs indsbtad~ neu ietured hereby w b permit said MORTGAGORS to reteiw and uk it p ~ny pa~t tlxreof fo~ otF~er purposes, without thrrEb/ waivi~q or impair- iny aoy eqvity, (ien or ripht w?de~ w by virtve of this mort9aye; and in ths event a~d MORTGAGORS ihal! fa any ~eason fai) ro keep ths uid premises so insured, pr fail W deliver promptly ~ny of said potities of insursnts to s~id MORTGAGEE, or fail ptomptly to pay fully any premium therefot w in any respect fail 1o pKform, diichupe, execute, eff~cf, complete, oomply with and abids by thts covenant, o~ any pan hereof, said MORTGAGEE may place and paY fw such Fnsuranc~ a aoy paA thereof without wsivinp or sffectinp ~ny option, lie~+. equiry, ot right unde~ w by virtw of ~his Mwt9s~e. and tM full anawN of each ertd every such p~ymer?t shall be inwnedistely due ~nd payable and sAall besr interest from ths d+te thereof until paid at tM rate of nine per teotum per ann~m and to~ether with such interest shall be securcd by ths lier~ oi this mo?fpsge. To permit, oommlt or suffer no wute, impairrrKnt o~ deterioration of said property w sny part thereof. S. 7o pay aU and aingulx the coats, cMrpes snd ezpenses, including a reasonable attomey's fee and costs of abstracts of titls. incv?red or paW at any time by said MORTGAGEE, beca~se w in the eveot of 1he failure on the pa~t of the said MORTCaAGOR to duly, promptly and fully perform, diuM~yR exetute, effect, oomplet~, canply w;th aod ab~de by each ai?d every the stipvlationa, sgreemenn, eonditions, ~nd mve~anh of said promissory note and thw morty~ge any w either. and said coan, tMrges and expenks. each and every, sF?~II be immedistely dw a~d psysble; whether or not ther~ b~ notice ds ma~d, attempt to colkcl or suit pend~ng; ar?d the futl artaunt of each snd eve?y wch payment shall bear interrst from ths date therrof untl! p~id at the rate of ni~e per centum per annum; and all said costs, cF?arges and expenses intvrred a paid, together wifh suth interest, shall bs sscured by the Iien of iha 6. TM1 (s) in the event of any breach of this Mortgspe or def~ult on the part of tF?e AItORTGAGOR, or (b) in the event ~ny oF said svms of rrwney herein roferred to be nof p~omptly and fully paid witbin thirty (30) days ~ext after fhe ~ame severally betome due and payable, without demand or nolite, or (c~ in the evem each and every the stipulations, agreemems, conditans and covenants of sa~d promiuory nota and this rtwrtgage any w either are oot iuty, promptly and fulty performed, dixharged, executed, efhcted. completed, complied with and abided by. then in either o~ any svch event the said aQ gregate wm me~tioned in said promiuory note then ~emainirg unpaid, with inte~est acaued, ar?d all moneys secured hereby, shall become due and pay. able torthwith, or thereafter, at the option of said MORTGAGEE, a: fvlly and compktely as if atl of the said sums of money wt~e originslly stipulated to be pa+d on such day, anything In said promissory note w in tha Mutgage to the contrary notwithstanding; and thereupon or thereafter at ths option of said MORTGAGEE, without notice w demand, suit at law or in equity, therefore or thereafter begun, may be proxcuted as if all maieys sec~red hereby had matured pnot to its institution. 1. 7. Ihat in the event that at the beginning of a ~f any time pending sny wit upon this Mortgsge, w to foreclose it, or to reform it, or to enforoe Paymint of any claims hereunder, said MpQTGAGEE shall apply to the CouA having jurisdiction thereof fw the appointrn~M of a Receivet, suth Court ahall forthwith appoiM a receiver of said mortgsged proQerty aN and si~gular, incl~d~ng all and sinqular the income, prolits, issues and ?evenues from whatever sourte d~yived. each and every of whith, d beiny expressly understood, is hereby mortgaged at if specifically xt forth and desvibed in the gra~ting and habe~dvm dau;es he~eof, and such Receiver shall have all the brosd and effective furxtbns and powers in anywise entrusted by a Covrt to a Receiver, a~d wch appoentmcnf shall be made by wcb Coun as sn sdmitted equiry and s rn~tter of absolute right ro said MORTGAGEE, and without reference to ths edequscy a inadeq~acy oi the vatue of tAe property mortgageei or to the wnrency w i~wlventy of said MORTGAGOR or the defendann, and that such ' rems, profits, income, issues and revenues shall be apptied by such Receiver according to the lien or equity of sa;d MCIRTGAGEE and the practice of such Court. " 8. To duly, promptly and fully perform, discharge, execate, effect, complete, comply with and abide by each and every the stipulations, agreemenq, condiYans and covenants in said promissory note and this mortgage set fath. • 9. That in the event the ownership of fhe mortgaged premises, or any part the~eof, becames vested in s person other ifw~ fhe MORiGAGp1~, 1M MORTGAGEE, its suctessors and augns, msy, w;thout notice to the MORTGAOR, deal with such :utcessw w successor in interest with refaente to this mwtgage and the debt hereby secured in the same man~r as with Mwtgaga without in any way vitiating or discharging tlre Mortgagoro' liability hero- under or upon the deb~ hereby secured_ No sale of the premises hereby mortgaged and no fwbearance on the part of the AhORTGAGEE or ib s~ccesson or assgns and no extension of the time fw the payment of fhe debt hereby secured give~ by the MORTGAGE~ or it: wccessors or assigns, shal) operate to retease, dixharge, modify change or affect the wiginal liability of tlx MORiGAGOR herein, either in whok a in part. 10, tt is spec;fically ag.eed thsf fime is of tF~e essente of this contrad and that no waiver of any obl;gation hereunder w of the obliyation se- cured hereby shall at any time thereafter be held to be a waiver of the termt hereof p of the instrument secured herby, I 1. Ir, add;tion to the forego:ng monthly payments of print:psl and interest required by the promissory note secured hereby, mortgsgor tpvenanti and agrees to pay ro mortgagee with each momhly payrnent an addirionsl svm est~mated by mortgegee to be equal to 1/12 of the annual cost of the follow- 7~g: A-All real property taxes levied w assessed against the above described ~eal estate. B-Prem~ums on fire and windstwm insurance as herein requ~red to be tarried on the improveme~ts situate on the above destribed premises. C-Premiums on such mwtgage guaranty irtsurarKe as mortgagee sha11 from t;me to time deem fit to wrry on the loan secured hereby. Martgsgee shall from time to tirrK notify mortgagor in writi~g of the amount due and payable hereunder and such wm shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mo~tgagor of a cF~ange in suth amount. Such sums shail be applied by mortgagee toward the payment of reat property taxes, insurante prem:ums, and mortgage guaranty insur~nce premivms. IN WITNE55 WHEREOf, the said MORTGAGOR h~s hereunto set his hand and seal the day and year fint afwesaid. ~d. Sealed anct delivered in tke presente of: ~ ~ C_ ~v~o~, ~ e.~~~iy +4 0 n SiATf OF FLORIDA ~ couNn oF S t. L uc ie ` Before me penonally appeared Clara A. Hardy~ A Sinqle__A.d~~7 t ~+d- bis.wi4.-ro me well kewwn snd'kno~R t~ ~ ta b~ ~hs indiridwl? described i~ and who ~xscuted the fwegoinp instrument, and ackrawleel9ed befwe me tMt he exm,ted tt~e s~+AS'fbr ~6~pvrQo~ s fhlrein ~~cpressed. •~1wi ~!x ~ ~ ~ ~ n ~ i ~ ~ ~ ~ ~rila~oiiM~aii ~ • - e««~ww~wo~-6y-~e-l~laew~ ~e{~sle•ar~ ~pert~rew~~~er~sid~usabw~d -sde+ewledged-tsa+~d-be~~+~w-thiat she taeaAad~s~ ~ ' Mrilf ~nd~itAe~A~ w+f'm*Pelwer*r eonatr~iMS ~ppeel~eepia~+-g-fe~ of-e?-feomimr~i~ 1~usb~n~: - . : ~ . 1NITNESS my M~d and offici~l seal thi• ~G ~~~s d,y ,f November 19~;~ ' " . - ~ • "G"'~~ " - ~-.f' c~ - , Notary Public in ar+d iw the Stah p~ ida:~ l.W .•r,? ; ! My Comrniuion expires: ~ ~ Retum Ta ' ' ~o~ ~*i~:'~~~•~~ ~ ' fint Ftdera) Ssvinys 3 lom A~s«~+t~ FIL.EO AND RECORQ Q~ ••ST~TE ` or .Fo?~ P,~.«. S?. LUCIE COUNTY. ~LA. ' ~ - ; fwt Pierce, fto.Ida R~~y~~~~~F1~O • • ~ f This Inst~ument Prepared~ N~ ~ e ~ 9 € First Federa! Savings b Loan Association G~"v ~ ' af Fort Pierce ROGER PO R~~ Checked By R. Kaves CLERK C1RCU1~ COURT~ ` ~ sa~K 174 ~ ~357 , , ~ ~ ~f ~