The URL can be used to link to this page

Home My WebLink About2184 ! ! 7 T ~ a ~ 3. To pl~a and continuously kNp on tM buildi~ps now a hK~+fiN ~itwN on s~id lud +nd on ail equipn~nt and p~rsooslly covK~d by thi~ morf~ ap~, with all premiums tMreon p~id in fv14 fin insuranu io ~he uswi standud policy form, in • sum approwd by tht MORTGAGEE. and wind~torm inwranc~ in tM u:wl suodard policy fam, tn a sum +pprov~d by tM MORTGAGEE, in wch comp+oY w con+Wnla +s tM MORIGAGEE m+r dinett ad all fir~ ~nd wir+dsrorm iiau~~na polidss on any of aid build~rp~. ~y tnt~~at thtrein or p~rt fM~wt, in th~ apyrepate s~m ~foresaid o? In ~xcKS therwf, shatl ca+ain tFa ususl standud mortyays~ clws~ o? suci+ Wha cl~uN a tM Mortpa~es m+y ~pu'u~. m+kinp tM loss undK ~+~d Pdb ties. ead~ and ~very. paYabls to s~id MORTGAGEE as its intKest m~Y ~pp~a?. and ~ach and ~w+y such policy ~MII b~ promptly as:pned u~d d~liver~d M any Mld by said MORTGAGEE ~s fur~her security to aid mortps~ debt. snd. no~ I~ss than ten l10) delrt in edvance of the ~xpkatio~ of esch policy, to dr liwr fo said MORTGAGEE • r~newat thereof, toy~tha with a recsipt for the p~mium of avch renewalj and then ahall be no fKe w windstam inw~uiu pl+nd on ~ny of s+id b~?ild'+nps, any interest tMreio a put thereof, vnku in tM iwm and with tM los~ p~Yabl~ u afwesaWj aod in tM twnt ~?y twn of nwe»y becomes payable ur~ such polky a polici~s said MORTGAGEE shall Mw IM optio~ to receive and apply tFr sam~ on ~ccount of t!~ Ind~bted~ neu wayred h~reby w to permit s~k) MORTGAGORS to nceiw and us~ it or aoy part thereof ior othc~ purposes. without thsreb/ waivi~~y w impair• irq any puiry. Ikn a riyht w+der or by vktve of this mortpapet ~~d G+ the ~vent aaW MORTGAGORS shaU fw ~ny reason fail M kaep tM wid premiks so ins~red. w fsil b deliver promptly ~ny of said policies of insurana to said MORTGAGEE, w fail promptly to p~y fully s~y premivm therefw or in any respect fail to paform, diuhug~, ~xacvt~, effect, complets, comply with ~od abids by this coven+nt, a any part hsrwf, seid MORTGAGEE may pl+ce +nd paY fa sud~ irowanc~ w u+y put thereof witho~t w~lvinp or, aff~cllnp .any optan. lien, eq~ity. or right u~da or by vinw of this Mongap~. ~nd tM full amo~e~ uf exh and ~very svch paym~nt shalt b~ immediifily due and p+yabla ~od shall bear interest f~om tM dat~ ihe~eof until paW N tM ~aN ol ni~e pK centum pa anrwm and to~ether with such interest'shall be'secvred by the IiM of this mortyage. 4. To pKmit, commit or suffa no wute, impsirment w dete?iaatio~ of s~id property or ~ny psrt tMreof. 5. To psy all u~d sirgular the costs, charpes and expen~es, includiny ~ reason~bls attorney's fee and costs of sbstracts of title. incuned w p+id st any time by said MORTGAGfE, because w in the ~wnt of tM failwe on the put of ths said MORTGAGOR to duly, promptly and fully perfwm, d~char~ execute. effecl. compkte. comply with and abide by each ~nd every the stipvl~tans, ayreements, conditions, snd covenants of wid promissory ~ote and tha mortysp~ any or ei~her. and said costs, cMrpes and expenses, each and every, iMll be immediately d~e +nd payeble: whether a not there be noY~ce de~ mand, anempt to cotktt or wit pendinp; and tM full ~mouM of each and way svch payme+N shall besr interest from the d~te thereof until paid at the rate of nine per centum pe~ amwm; and all said tosri, charaes and expenses inewred w paid. together with such interesl, sh~ll be sscured by tM liet? of tlw rr~o?tyay~~ ~ 6, Th~t (s) in the event of any breach of this Mwtgspe or defsult on the part of the MORTGAGOR, or (b) in the event ~ny of said wms of money herein roferred to be not promptly and fully p~id within thirty (30) days next after the same severally become due a~d payable, without demand or noYrce. or in the event cach a~d every the stipulations, agreements, conditiau and coven~nn of said promissory note and th~s rrrortga9e any a either •re not iuly, promptly a~d fully perfwmed, d~scharged, executed, effected, completed, complied with aod sbided by, then in either or sny s~ch event the said ag gregate sum mentioned in said promissory note thM rert?aining unpaid, with iMerest accrued, and all moneys secured hereby, shsll becwr~e d~e and piy~ able forthwith w thereafter, st the option of said HWRTGAGEE, ai fully ud completely as if all of the said wms of money were aiginally ttipulated to be paid on such day, a~ything in said promiuory oote a i~ th~s Mortgage ro the contrary notwithstanding; and thereupon or tt?ereafta at the option of said MORTGAGEE, without notice a demand, wit at law or in eqvity, therefae w thereafter begun, may be prosecuted ~s if all rtqnsys sewred h~reby had matured pritx to its institution. 7. That in the event that at the beginning of or at any time pending any wit upo~ this Mortgsge, o~ ro fo.ecbse it, or to mfo?m it, a to enfora paymcnt of sny claims haeunder, said MORTGAGEE shall apply fo the CouA havir?g jwisdiction thereof for the appointment of a Receiver, wch Co~rt shall fwthwith appuint a receiv~r of aaid mortgaged property al{ and singular, irxlud~ng all and singulsr the income, profits, issues and revenues from whatever wurce derived, each and every of whith, it bting exptessly understood, is hereby mortgaged as if specifiwlly set forth and destribed in the gra~tinp and habendum clauses hereof, and such Receiver shall Mve all the txoad and effective functions and powen in anywise entrusted by a Court to a Receiver, and :uch appointment shall be made by such Court as sn admitted eq~ity and a matte? of sbsotute ~ght to wid MORTGAGEE, and without reference to ths edequacy o~ i~adequacy of the value of the prope~y mortgaged w to the wlvency or inwlvency of said MORTGAGOR or rhe defendann, and that such rents, profits, income, issues and revenues shall be applied by such Receiver xcording to the lien a equity of said MORTGAGEE a~d the practict of suth Covrt. 8. To duly, promptty and fully perform, dixharge, execute, effect, complete, comply with and abide by eath aod every the stipvlations, agresrt~enb, conditions and covenants in ssid promissory note and this mortgage set fath. _ 9. That in the event the ownersF~ip of the mo?tgaged premises, a any part thereof, becomes vested in a person other ths~ the MORTGAGOR, th~ MORTGAGEE, in successors snd auigns, may, without notice to the MORTGAOR, deal with such succeuor w successor in interest with reference fo fhia mortg~pe ~nd the debt hereby secured in the ssme manner u with Mortgagd without in any way vitiating w dixharging the Mortgagon' liability h~re- under w upon the debt hereby secured. No sab of the premises hereby matgaged and no fo?bearance on the paA of the MORTGAGEE or iri iuaeuors a auig~ and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEf or i» successors or assigns, sh~ll operate 1o rekase, d~scharge, modify change w affect the wiginal liability of the MORTGAGOR herein, eitF~er in whole or in put. 10. It is specifically ag~eed that time is of the eucnce of this contract and that no waiver of any obligstion hcreunder o? of the obliyaf'an se- cvred heraby shall at any time ther~afte~ be held to be a waiver of the terms hereof or of the instrumem secured herby. 11. In addiiron to tFx fwego:og monthly payments of print pal and interest required by the promissory note secured hereby, mortgsgor covenanfs and agrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the follow- "'g` i A-All real property taxes kvied or asxssed against the above dewibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be tarried on the improvements situate on the above desuibed premises. C-Premiums on wch mortgage guaranty insurance as mwtgagee shall from time to time deem fit to carry on the ban secured hereby. , Mortgagee shall from time to time no~ify mortgagor i~ writing of ihe amount due and payable hereu~der and such sum shall thereupon be due ~nd payable on the due date of the next monthly payme~t and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amoum. Such sums shall be applied by mortgayee toward the payment of real property faxes, insurance prem~~ms, and rtwrtgage guaranty inwrance premiumt. € IN WITNESS WHEREOf,- the said MORTGAGOR has hereunto set his hand and seal tl+e day and ye_ rst af esaid. ~ Siy sled a del' ed in the presenoe of: D ~ ~ D STATE OF FLORIDA ~ ~ . ST. UJCIB ~ ' . courrnr oF ~fae me penona~~Y a~ ared John ~alt~r lifbb, SY. ,,,d GEl1! 5. Hebb his wHe, to me well known and known to me to bs the individwb described in a~ wFa exewted th~ fore9oi in~t~r~r~r~got, and xknowledged before me that they executed the same for the purposes G~flf 1'f6QD rherein expressed. And the said W~fe ~ ~ John ~ltes tiebb, Sr. „po~, . ,ep,.,t, ,nd pri~,.~ examirution by ,rn~,taken separate and apart from her ssid husband, adcrawkdged to and before me that she executed said instrument freely and volw~- tarily and withovt iny:.oompuliion, constraint, epprehension, w fea? of a from he? ~aid sband. wnNC~s :sq~.~• ~ offkial K.~ ~ti~ Sth ~Z a o. i9 68 ~ - I~~~'' : . ~r~ ^ 1 . , T'- sry Public in and for the State of Florida ~t laryt ; T.; ~RpEO e«M?~, exp'ves: 9- ~ 3' ` q ~ : . : : ~ }leturo ' ' ~ f 1LE AN~ RE TY FL - FinYFsdenl~ 9~vf~?~i ~~}~~~?isot~a~w~? S- LUCIE COUN • b A' poUry P~1'ic. Stne of Horida at tarqt I = ,~r ~n ~ P~{.'n. ~ - ~ ~ r.C~~~~~~ ~Ir Cos~asa. Expins Sapt. 23. 196~ ~ Foit ~l4?j~_ Nor1d~• t. ' b.e.e y•w.wk.. F:: a c.:r.rr to. . i - ~ ~ ~p • 4q ~ - 8 ~ . , . ' +6 DEC 6 ' . . ~ This Instrument Prepared By J/~ ~ . First Federal Savings 8 Loan Association 71~~Q01TR~,.S • of Fort Pierce `50.. - pURT , CLERK CIRCUIT ~ Checked By John W. Collins . OR ~ BOOK 17~ PACE~ ~9 - , ~ . ~ - ~