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Home My WebLink About1915 3. To plap and continvously keep on th~ b~itdie?ps now a Iwr~aftK Wtuah on said land t~d on all eqvip+»~nt ~nd personally cov~nd by thii nwrt~ ~p~, with ~II premiwns ths~wn paid i~? fvll, fih ins~ranu in tht uiwl standsrd polky form, in • sum ~p~xowd by the MORTGAGEE, ~nd windstam inwraoc~ in tM viwl aa~da.d pohcy fam, fe a wm ~pprw~d by ~I» MORTGAGEE, tn wch company or companip a~ tM MORTGAGFE m+y dindt Md all fir~ and wk~dstorm i~sw~~ poJicila on u~y of s~W buildiaps, any G?qrKt therein or put the~eof. In tM a~reyat~ sum ~fo~„ak1 0? in ~xceu tha~of, iluil contain tM uswl st~ndud matysqes cl~us~ o~ ~uch olha tla~se ~s tl» Maty~~e may rpuu~. makinp ~hs lass undK said po1F ciss. each ~nd every. p~Yable b said MORT(',AGfE ~s its intenaf maY apppa. and each and ~w~y avd~ poliq shall be promptly as:qned and d~livered to ~ny Mld by said MORTGAGEE ~s further seturity to said matpa~ deb~, snd, not I~ss tMn ten (10) days in advance of tM expiratio+~ of e~ch pol'~cy, to dr live? to said MORTGAGEE s ~enewal thereof, top~~ha with • receipt for ths pnmium of wch ~enew~l; and rhrn shall bs no fire o~ wii+dstam k?swanc~ placed on any of sa;d bvildings, any Inte?est tMrein a p+n th~rwf, ueleu tn ~F~ fo?m and with tF+~ loss piyabb as afaeiaWt +nd in tM ewnt any sum of monsY beta~~es MYabl~ ~~de~ such po~kY or po~icies s+id MORTGAGEE ~hall Mw ths option to reteive +~d +pply ths same on xcou~l of tM indebted~ nsu secuncl he~lby a lo permit uid NIORTGAGORS to rsceiw and us~ it p~ny part thereoi for other purposes, witlw~rt 1hNeb/ waivi~~ w impair- inp u~y pvity, Ikn or ri~ht undsr a by virtw of this mort~ape: and in tM went ~aid MORTGAGORS thall fw aoy reason fail to keep ths said p~emises so insured, p hi) b delivet promptly ~ny of said policiss of insunnos to s~id N{ORTGAGEE, w fait promptty to pay fu11y any prtmium tix~efp or In sny rospect fall to p~rla~, discharge, ex.cute, ~fFect, complets, comply with ~od ~bide by this covenant, or ~ny pan hawf, said MORTGAGEE m~y plate ~nd pay for s~ch inwranos or u?y part thereof without wsivinp w affectirp any optron, tkn, eqvity, w ~yht under w by vinw of this Mo.tgape, and tM full amouM a( each and every s~ch paymaot shaH be imrrMdia?ely dva and psyable ~nd sbsll bear inte~est f~om ths dats thereof umil paid at tM ~ab ol nine per centvm per ~nnum and together with such G+terest shall be secUred by ths lie?~ of thls mo?tgape. 1. To permit, commit or suffa~ no wasts, impairment w deterioration of said prope?ty or ~~y part theraof. 5. To psy all ~nd sinpuiu the cosb, cMrpes ~nd expenses, includiny s reasa?able attw~xy's fes snd cosh of abitracts of titls, incu~red w paFd at any time by said MORiGAGEf, becavse or in ths event of ths failuro ot~ ths part of tM said MORTGAGOR to duly, prompNy snd fully perionn, ducMryR execut~, affect, compkts, comply with and abide by each and every tl+e atipulatio~s, ag~eemems, conditiau, and covenann of said promissory note ~nd thu mortyayt sny or either. and said co•~s. cM~ges ~nd ezpenses, each and every, shall be immediately due and psyable: whe~her w not there be notice de- manc~ attempt to colkct or wit psoding; and the full amo~M of aach and every such paymeM shall bear interesl from the date tMreof ~ntil p~id at fhe rate oi ~ine per pntum per aruium; and all aaid msts, cMrges and expa?ses inc~rred or paid, together with s~ch interest, ~11 be secured by t!w lisn of thi~ ^+ortp+y~- Q Th~f (a) in the event of any b?each of this Mortgsye or default oo tM parf of the MORTGAGOR, w(b) in the avent any of said svms of moe~ey hemin referred to be not promptly and fvlly paid within thirty (30) days ~ext af1Y the same xvaally become due a~d payabte, withovl demand w notice, or (cj In the event eath and every the ttipvlations, aqreements, condifions snd covensnri of w~d promiuory note and this mortqage any or either sre not iuly, promptly and fully performed, d~xharged, executsd, effected, compkted, complied with and abided by, then in eitber or ~ny such event ~Fw said sg gregate wm mentioned in said ptomiuory note then ~emsining unpaid, with i~teresf accrued, and aN moneyt setured !?ereby, shall betort~e dw ar~d p~y- able fwthwith, or thereafter, at Ihe option of said MORTGAGEE, ss f~lly and completety as if all of the said sums of money were aiginally stipulated to be paid on such day, anything in said promissory note w 1n this Mortga9e to the contrary ratwithstanding; and thereupon or thereafter at the option of said M.ORTGAGEE, without nwice a demsnd, wit at law or in equity, therefore or ~hereafte~ begun, may be prosecuted as if all moneys secvred heteby had mafured prior to its ir?stitutiw~. 7. That in the event that at the beginning of or at any time pending any auit upon this Nbrtgage, or to foreclose it, or ro refo?m it, a fo enforp paymenf ot sny claims•herevnder, said MORTGAGEF shall apply to the Court having jurisdiction thereof fw Ihe appointment of ~ Reteiver, auch Court shall Forthw~th sppoiM a receiver of said mortgaged property all and singvlar, includ~ng all and :ingular the income, profits, issues and ~evenues from whatever wurte derived, each arn! every of wh~ch, it bein~ expressly understood, is hereby mortgaged as if :pecifically set fwth and tkwebed in the grantirp and habendum dauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by wth Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without refe?t~nce to the adeq~acy or inadequacy of the value of the property mortgaged or to tMe whrency or insolvency of said MORTGAGOR or the defendann, and that such rems, profin, incane. ~uues and revenves shall be applied by suth Receiver aaordirg to the (ien or equity of said AhORTGAGEE and the prattite of such court. 8. To duly, promptly snd fvlly perform, diuharge, execute, effect, complete, tomply with and abide by eacM and every the stipulations, agreemenri, conditions and covenants in said promiswry note and this mortgage set fatA. 9. Th~t in the eveM the ownership of the mo?tgayed premius, or any psrt tFKreof, 6ecomes vested in a penon other thsn the MORTGAGOR, th~ MORTGAGEE, iri successors and auigns, msy, without notice to the NSURTGAOR, deal with suth sutc~swr a suctessor in interest with ~eference to this mwtgsge a~ the debt hereby secured in the same manner as with Mo~tgagor withoul in eny way vitiating q dixharging the Aho?tgagors' liability hertr under or upo~ the debt hereby secured. No ssle of the p~emius hereby mortgaged and no forbearance on tt+e part of the MORTGAGEE w itt successon or auigns and no extension of the time for the psymeM of tF?e debt hereby secured given by the MORTGAGEf a its successors w sssigns, shall operat~ ro rekase, dixharge, modify change or affect the wiginal liability of the MORTGAGOR herein, either in whole or io put. 10. It is specifically a~reed that time is of the esserxe of this cont~ad and that oo waiver of any obligation hereunder or of ths obligaYan sr cured hereby shaN at aoy time thereaher be held to be a waiver of fhe terms }~creof or of the instrvment tecured herby. 11. ln addition to 1he forego:ng monthly payments of princ:pal and intere:t required by the promiuory note secured hereby, morigagor tovenanq and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real propeAy taxes kvied o~ assessed agalnst the above described real estate. B-Premiums on fi?e a~d windstwm insura~xe as herein req~~red to be carried o~ the improvements sitvate an tt~e sbove described premises. C-Premiums on such martgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby. Mortgagee shall from t;me to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall therevpon be dve and payable on tF~e due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a thange in suth " amovnt. Such sums sha~l be applied by mwtgagee toward the payment of real property taxes, insurarxe prem:ums, and morfgage guaranty inwrance premiums. IN WITNESS WFIFREOf, the said MORTGAGOR Ms hereunto ut his hand a~d seal the day and year f t sf id. ~ed."Sea de ' ed i presence of: ~ e er ar ~ tl~ rc--o . - , - , n ~ a:» ~ -'-,F • lic .~2N759 • a ~ sra~ 00~EQ~C' ~ ,yp . N•. 3~ ou~•~ Qu itfed i~ Ceo~ `'V C ~ Filed in QYea~s ' r ~siae ~ ~ . ' r Ttrw ExN~ ~ 3 ~ 7O r s ~A~~l~ersoRaNy~~pptared etpr Hart . 1~ G..`~'Hdrt - his wife, to me well knvwn and known to me to bs the indi~idW~s ~efai f i~?' ~nd who exearted the foreyarg instrument, and acknowtedged before me that they execvted the same for the pvrposes rn~~eu, eu~e~q¢~;,,~a~,t,e.,,;d- Dorothy L. Hart wife of tM wid - peter Hart _ _ . vpon , sepuat~ ,nd pirv.r. exami~aYan by me take~ separate and apah from ~er said hvsband, adcnowladged to ~rd be{ae me th~t shs executed s~id instrumeM free~y ~nd volun. tarily and without aMr compvlsion, oorutrsint, apprehensi ~ i~elr of or from her ssid husbarKl, WiTNE55 my Mnd and officiel seal thi: .I~ ~y ~ November A. D. 19~_ FILEO ANO RE_t1~RDED - ST. LUCIE COUQrTY. LA. Notary Public in a~d ,r~ s~are ~ F~«~a..r aetv.~ ro: ? F: 7 Y E R I Ft E D Mr commis; . Fb~t federa! Savings 6 loan Assotietion 17'2552 R c. , t Of Fort Pierce. Ob~ q A~J ! ' q ' Fo/t Pierce. Flotida ~U~ li:r~ L !Y9 ~ 1• L~ Qq111 d~^ ••.--'u C~t111h ~/,~yj.~ ~%v Cert. F tcd in ~~i;ens Ctnn T~ris Expires NucY 30.1 ~ ~ ~ Q v R i'0lTRAS 't . This,lnstrument Prepared By ~L£RK CIRCLIT COURT 3?`3O,~10 First Federal Savings b Loan Assouation ~ of Fort Pierce Chet{ced By J. D. Chastain ` ~ CD . _ _ cf