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Home My WebLink About2304 ? •4 . i To plac~ ~nd continuously ke~p on tM buildl~qs rw~w w M~~ah~r Wtust..on saW land and on aA equipmtnl ~nd per~on~lly covend by thts mort~ +pa, with all prsmivms lherw~ p~id in full, fi~~ iniuranc~ in tl?~ ~susl st~ndud policy fam, in a sum approved by the MORTGAGEE, ~nd winditorm inw.ance in ~M uswl ~rsndud poticy farm G+ + wm app.oved by ~M MORTGAGEE, in wch company a compani.s as dv MORTGAGEE m+y dir~c?r and ~U fi~~ and windstorm inswinp policiss on any of ~aid bui!dinps, ~ny iNSro~l thtrein w parf the~cof, in fM a99~e~~t~ wm ~ta~said p In ~xc~ss therwf, shall cont~ln tM vsval standa~d mortgspe~ cisus~ w such otF~er clau~ ~s tM AAortpay~e may requir~. makinp ths lou v~der uid poiF ciaa. ~ach ~nd evKy. p~Yable 1o wid MORTGAGEE as ib inrerest may ~pp~ar, and each and every iuch pouty ~hall be prompNy au:pncd and delive~ed ro ~ny held by said MORiGAGEE ~s funha security to sald mwtpage debt, and, not Mis than ten (10) days in advance of tM expir~tion of each policy, ro da Irva to uid MORTGAGEE • renewal th~~eof, topetMr with a receipt ip ths pr~miwn of ~uch renewalj and thare shall be ~o fue or windstorm inswanc~ placed on any of said bvildinps, ~ny-Inter~at tF~sreio or p+rt thereof, unieu in the fwm ~nd with tM loss p~ysble as +foresaid~ ~nd in tM event ~ny swn of maNy becornes payabl~ unde~ such policy or polici~s said MORTGAGEE shal) haw ?he optian to ~eceive and spply tha same on account of tM i~debted~ rNSS setur~d t~eby p b permff saW MORTGAGORS to recsiv~ and use it a any pa~! thereof iw othcr purppset, wilhout Ihereb/ waiving ot ~mp~i~- i~p any equity, lien o? rpM ~ndar w by virtw of this mortpage; and in tM went s~id MORTGAGORS shall fw ~ny reason fail to keep ths said p?emises so inswed, or f~il to detiver prompNy any of said pcliciet of iosursnce to said MORTGAGEE, w fail promptly to pay tully a~y premivm therefor p in any reapect tail b pyfam, dixhar9e, txecute ~ffect, complefe, comply wifh and abide by this covenant, or ~ny part hereof, said MORTGAGEE m+y plaos and ~ paY for such inswance w~ny part iMreof without waivinp or ~ftacti~p any optiw~. lien. eqvity, or right unde~ a by virtw of IAis Mw~9a9e, and 1M fuU amo~m of each a~d ~v~y such payment shall be immediately due and payabk and ahall beu interest from tM date thueof vntil paid at th~ ~a1s ol nine pe~ cent~m per ~nnum and together with such interest ~hall be sec~red by the lien of this mortyage. I. To permit, commit or wffer no wuN, impii~rt~t w deterioratan of iaid property or any pah thereof. S. To psy all ud sinpular tl+e cosn, charpes ~nd expenses, incl~rding • reesonable attwney's fee and cost~ of sbstracts of title, irKUrred o~ p~id at any time by wid AAORTGAGEE, bscavse w ln the event of ths failure on the part of the said MORTGAGOR fo duly, prompNy snd fully perform, diuMr~, execute, eifea. complete, comply with and abids by each and every ~hs stipulatiau, agreements, conditio~s, and covenanq of said promiuory note and this mwtga~e sny or sitFier. and said costs, charpts and expensss, each and every, shell be immediately dve and psyable: whethe~ a no! ther~ bs notice d~ mand, attempt to cdkct o~ tuit pe~ding; and the full ~mount of each ~nd every such payment shall bear imerest from the dste thereof v~til p~id at tfit rate of nine per centum per snnum; and all said costs, charges ~nd expenses intvrred o? paid, lopether with such interest, shail b~ secwed by the tien of thu mort~aps. 6. Thst (a) in Ihe *vent of any bresch of tha Mwtgape or defsvlt o~ the part of the MORTGAGpR, w(b) in tM event sny of said twns of mansy herein referred to be oot promptly and fully paid within thirfy (30) days nexl after the same sevaatty become due and payabk, without demand ot notite. or (cj in the event each ~nd ~very the :tipulations, agreem~nts, cond;tions and coven~n?s of ss~d promissory note and th~s mortpa9e sny or eitF~sr are not ~uly, promptly end fully performed, d~scharged, executed, efftcted, completed, -omplied with and abided by, then in either or sny auch eveM the i~id ap~ gregate wm meManed in ssid promissory ~ote then remsining unpaid. wi~h interest acaved, end aN moneys secured hereby, thall betnme dw and p~y. able fwthwitly or thereafter, af the option of said MORTGAGEE, as fvlly ~nd completely as if all of the said wms of money were originally stipulated ! to be paid on suth day, anythi~g in said promissory note a in this Mortgaye to the contrsry notwithstanding; and Ihereupon a thereafter at Ihe option of said MORTGAGEE, wirFaut rwtice or demard, suit at law a in eqvity, therefore w thereafter begun, may be prosecwed ss if all tna~eys sec~red heteby had mafured priof fo iri inslitvtion. 7. That in the event that at the begi~ning of or at iny time pending any suit vpon this Mortgage, w ro foreclose it, o? to reform it, or to e~foros paymeM of any claims hereunder, said AAORiGAGEF shall apply ro the Cou~t having jurisd;ction thereof fw the appointment of a Receiver, such Cowt shall forthwith ~ppoiM a reteiver of said mortysged property all ~nd :ingulsr, i~tlud~ng alI and singulsr the intome, profils, issues u~d nvo~ues irom wAatever wurce derived, eath and avery of which, it being lxpressly understood, is hereby mortgaged as if speciiicaUy set forth ~nd detcribed in 1he gra~ting and habendvm clsuse: hereof, and such Receiver shall Mve all the broad snd effective funct~ons and powers i~ a~ywise entrusted by s Co~rt to a Receiver, a~d such appointmeM shall be~ made by such Court as an admitted equity and a matter of absolute right to said AhORTGAGEE, snd without refererxe fo ths adequacy or inadequacy of the value of the prope~ry mortgaged or to the soJvency or ;nsolvency of seid MpRTGAGOR or the defendants, and that such rents, profits, income, issues a~d revcnues shall be applied by such Reteiver actording to the lien or equity of said MORTGAGEE and the pnttite of such Coutt. 8. To duly, p?omptly and fully perforn,, discharge, execute, effect, complete, comply with arx! abFde by each and eve?y ths stipulat;ons, sgreements, • conditaro and covenants in said promissory rate and this mottgage set fwtF.. 9. That in the event the ownenhip of the mortgaged premiaes, or any part thereof, be~woes vested in a perspn other thsn ihe MORTGAGOR, ths MORTGAGEE, iri succeuo?s snd assgns, may, without notice to the MORTGAOR, deal with such succrssor or successor in infe~qt wirh refe~ence to this rtwrlgage and the debl hereby secured in the same manner as with Nbrtgagw without in any way vitiating w dischargir?g the Mortgagon• liability F~era urxler ot upon the debt hereby secured_ No sale of the premises hereby morlgaged and no fwbearante on the part of the MORTGAGEE or iti succesaors or assgns and no extension of the time fa the payment of the debt hereby secured given by tFrt MORTGAGE'. or iri succeuors w suigns, s!?all operat~ fo release, discharge, modify change w affect the orginal liab~lity of the MORTGAGOR herein, eitFxr in whok w in part. 10. tt is specifically agreed that time is of tF~e euence of this contract a~d 1F~at no waiver of any obligation hereunder or of the oblgatia? sr cured F~ereby shatl at any time thereafter ba held to be a waivei ot the terms heieoi or of the instrumen? secured t~erby. - 11. In additia~ to the fwego:ng monlhly payments of princ:pal and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay to mortgagee with each montAly payment sn addirional sum estimated by mortgagee to be equal to 1/12 of the annual tost of the follow- ing: A-Ati real p~operty taxes kvied or assessed agains~ the above described real estate_ B-Premiums on fire and windsform insurance as herein requ~red to be carried on the improvemeats .sit~ate on the above described premises, C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to tarry on the loan setured hereby. Mortgagee shail from time to time nolify mortgagor in writing of the amount due and payable fxreundtr and suth sum shall thereupon be due snd payable on the due date of tF~e next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums sF.all be applied by mwtgagee toward the paymeM of real property taxes, insurance p?em:~ms, and mortgage guaranty insuranca p~emiums- • IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year ~rst afweseid. Signed, Sealed and delivered in the presence of: ~ . ~ - . ,n ,uQ ~.t., ~ ~ r $ i rc--n : i STATE OF FLORIDA ~ counmr oF - St. Lucie ~ ~ Befwe me personally appeared Benjamin Goodwin a~ ; Ernestine Goodwin his wife, to me well known s~d known to me to be ~ the ~ndmdwls deuribed in snd who executed tF~e fore9ang instrument, and acknowtedged before me that they executed the same for the p~rposes ~ rne.ei~ expressed. nnd the sa~d EXnestine Goodwin i wifa of the said Ron~ m1II OAdW~ 1] vpon • sepuste snd privatl examination by me taken separate and apart from her said husbend, sckrawledged to and before me that she executed said instrument fraely and volun- tarily and without any compulsion, constraint, apprefxraionX or feu of o? from her wid hvsband. WITNE55 my h~nd and official seal thi: 7 T da of /l. D. 19_5$._ y ' ~ .i ~ Notary Public in u+d for the State`of•~J~la',~ • p~ ~ Retum Ta. - R~ED Y Comm~ssion expires: - 3?.•i~~' 'r~ . i Fiat Fader~l Savings d~ loan Assoc7arwn ~ND RECO A~ - t ~T• ' ~ Of fort Pierte. ~II.`UC1E C~Vi~TYFD , j` t Fort Pierce, fto~ida . 1 ~ : i r~~ ` . ~ Ci ` ~ i. ; 31 . . '68 9 PM 2 ~ ~ ~ ~ ~ ' = This Instrument Prepared By ,.L,, - ~ . .r' First Federal Savmgs ~ loan Association L~~~ of Fort Pierce i~%~ i 01 i RAS ~O~f~ UR? Checked By J. Collins G RK CIRCUIT CO BOOK1~4 PACE~z~ . t ~ ~ ~ ~ -j cf