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Home My WebLink About0855 , ~ • ' . ~ To plac~ and contin~ously k~sp on th~ bvildie~ps now w Mr~aftw sifu~t~ on saW I~nd ~~d on ~11 p~ip~rKnt and p~nonaliy covK~d by tAis maf~ with ~It pr~eniums 1Mreoo paid in fu11, f'u~ insur~nu in tM usual sun~ard policy (orrty in • sum approwd by tM MOQTGAGEE, and wi~torm ~ i i~qwanc~ in th~ uswl Hu~da.d poticy forn~, tn s sum approv~d by th~ MARTGJIGEE, in wcA company a companies ~t tM MORTGAGEE may ' db~i and ~II An u+d wi~dstam irnwana polici~s on any of s+id build~np~ ~ny Mt~re~t tF+Nei~ or pa~t therwf. 1n th~ pp~epat~ sum afor~said or in uco~s~ therwf. ~f?ill contaln tM uwal s~andud mortys~ clavs~ or such al~ daus~ a~M AAo.tyaps~ inay reqvirs. makFnp t!~ lou unda said pol~ ciN. ~ad~ and every. payabl~ w said MORTGAGEE a iq interest may ~pps~r. and each aed ~ve.y such policy sMll b~ promptly au:pn~d and d~:iverad ?o any Mid by said MORTGAGEE u fvnher security ro said n+ort~a~ debt, ~~d, not Itss thao t~n (10) days tn +dvance of tM ~xpir~tion of each policy, to dr ~ ~~wr 1o said MORTGAGfE a ra+ewal tMrwf, ft~ther with a ~eteipt for tM p?«ruum oi wd? renew~lj ~nd thtre shall be no f'ae w windstorm inwr~nt~ plapd on ~ny of said bvildinps, ~ny i~terest tMr~io w part th~reof, unless in th~ fo?m and with tM bu payabl~ as ~to.~uidJ and in tM ~vent ~ny wn? o~ moe~Y becorn~s p~yabb w~~ wch policy o~ policies s~k! MORTGAGEE sh+fl haw th~ option ro receiw and apply tM sana on account of tM lndsbted~ ~ n.a~ s~cwed he..by w ro pumi~ s~7d MpRTGAGORS ro noeiw •nd us~ it a..ny p~?t thereof fa o:her purpo~es, without lhxeb~ waivi~?~ w impaiti inp any pvity, IiM w ripht w~d~r a by virtw of this mo~rttp~p~~ ~nd in t?N ~v~nt said MORTGAGORS shall fa ~~ryr r~ason f~il to keep tM s~id pnmises so insw~d, w fail b d~liver promptly ~ny of said policiy of inawarKe ro said lNORTGAGEE, or fail promplly to pay fully ~ny premivm therofor p in ~ny ~ nspW fail b pwfwm, dixhu~e, execut~, ~ff~tt, oompl~t~, comply with uid ~b'd~ by this covenaN. w sny put hereof, said MpRTGAGEE may place and WY fo? such ira~+~+nct w ~ny pu1 therwf without waivirg or affectinp sny option, lie~, equity, o~ riyht under or by rirtue of this A1ort~aQ~ u~d tM full a.novot of tach and ~wry such payment shall b~ imrnediately dw and pysble ~od ~hall bear interest from tM da~e thereof umil paid a~ ~M ~~t~ ol ( nine pq t~ntum pK ~nrwm and to~ethe~ with wch intarest shall be secured by tM lien of this mort~age. _ 1. To pKmit, oomrnit or wff~r no wut~, imaim+~nt or detKioration of said prope~ty a ~ny pih therwf. ~ S. To p,y all ~+d ~irg~lar ths cosn, chup~s snd ~xp~n~es, inctudirg a nasonabk •ttwney's fee and cosh of ~bsfracta of titls, fncwrad w p~id at eny tlm~ by s~id MpRTGAGEE, bsavse or in ths ~vMt of tlr fsifuro on the pah of tlw said MORTGAGOR ro duly. promptly ar+d fully parfwm, d~xMrg~ execvt~. ~ff~ct. compl~te, comply with snd ab~de by ~sd~ u~d every ths ~tipulations, agreements, condition~, ~nd oovc~nts of said p~omiuory note and rhis +nortpsy~ ~ny or eithx, and said cosy clNrge~ and ~xpen~as, each and ~very, shall bs immediately dw and payabl~: whether or not ther~ be ~otice de mand. ~nempf to collact w wit p~ndinp; and the full ~nwuot of aach and ~very svch payment ahaU bea. in~erest f~om th~ date tM.aof onnl p~id d the rate of nins per centum per an~wm; and all said costs, chu~es and axp~nses innxred or paid, together w~~h auth iMS~est, shap b~ seturad bp 1M fitn of fhif 6. That (a) i~ the ~veM of ~ny breach of tF~is Nlortyap~ or defa~:t on the pan of ths NIORTGAGOR, o~ (b) in the event any of ssid twns of rtqewy he~ei~ refened ro be not promptly and fully paid within thirty (30) days next after the same seve?aNy btcome due and payab~e, wFtFavt devnaad a no~ice, or (tJ fn the event esch and every the stipulstions, sgreemenq. conditions and covena~ri of said promisswy note a~d this mo~tpaye any or either ~n ~wl iuly, promptly and fuliy performed, d~scharged, execvted, ~ffeaed, oompkted, complied with a~d abided by, then in cither a a~y auct+ eveM the faid a~ gregah wm mtntianed in said promiuory note then remaininp unpaid, witb interest acvucd, and all moneys secured heteby, thall becoma du~ and p~y. sbk fwtAwith, or thereaher, at the op~ion of said MORTGAGEE, as fvlly ~nd comptetely as if atl of the said wms of money were originally stiput~ted to be paid on s~rch day, ~nythin~ in said promiuory note or in fhia Mwt9age to the tontrery notwithsranding; and therevpon p the~eatte~ at tM opfion of said MORTGAGEE, wirhout ~+otke or demand, wit at law or eq~iry, therefore or theresfre~ begun, may be proaecvted as if all moneys sewred hereby had matured priot ro in iostitutioo. 7. ?h~t i~ ths event that at the beginni~g of or +t ~ny time pending aey wit upo~ this Morfga9s, p fo fo~eclos~ it, or ro rafwrn it, or ro enfo~p paymen! of any dsims hereunder, said MpRTGAGEE sF?~II ~pply to the Court havi~g jurisdidion thereof fw the ~ppoiMment of ~ Receivet, wch Cowt shall fo.thwith appoint s rcceiver of said mortg~ged pro~xrty al1 and sinp~lar, includ~ng all and iu+gvls~ the income, profi~s, issues and revenvet fran whatever ~ wurce de.ived. each and everyr of wAich, it beinp ~xpressfy underarood, ia he~eby mortgaged as if spec~fically set fath and deuribed in the p.a~~irg and ~ habenduen clausea hereof, and such Receiver shall have all the broad and effettive f~nctions and powen in anywise entrusted by s Court to a Receiver, end ~ •uch appointment shall be rtiade by wch Court as m admitted eqvity and a mitter of absoiute right to said MpRTGAGEE. ~nd wFtlaut referente ro the adeqvacy a insdequscy of the value of the property mortgaged or ro the solvency a insolvency of said MpRTGAGOR or the defend~nts, and that such ~ renn, profits, income. iuues snd revenucs sh~ll be spplied by such Receiver saordin9 to the lien p equity of qid 1NORTGAGEE and the pr~ctic~ of s~ch CouH. 8. To duly. promplly snd fvlly perform, discharpe, execute, effect, compkte, compty with and abide by each and ~very ths stipubtions, agreemeets, conditqru and coven~nts in aaid pran'~ssory note urd this mortqsge sN fwth. 9. That in ~he event the ownership of ths mwt9a~ed premiaes, or any part thereof, becomes vested i~ a person other than the MORTGAGOR, th~ MORTGAGEE, its successors end auiyns, may, withovt rwtice to the MORTGAOR, de~! with such svtcessor w wccessor ;n interest with rcference to this mwty~ge and the dcbt hereby secured in fhe s~rne mar~er as with Mortgsgo~ without in ~ny way vitiatirg w dischargirg the 1Nortyagors• li~bility hert unde~ p ~pon the debt hereby secured. No sale of the premises hercby mortgaged a~d no forbearar~ce an the part of the MORTGAGFE oi ib suttessors w auigns snd no eatension of the time for the payment of the debt hereby secu~ed qiven by the AhORTGAGEf or its wccessors or ass;g~q, sha~~ pperaq ~o rekase. dischu~e, modify change or affect the original liability of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hercunde~ or of tM obligation se- cvred he~eby shall at a~y time thereafter be held to be ~ waiver of the terms hereof or of the instrument setured herby. ~'1~.+t d~tio~ to the fwego:ng monthly payments of princ'pal and interest iequired by the promiuory note secwed hereby, mortgagor cpvens~~s ~ and ~grees to pay to _ with each monthly payment an add~?ional sum estimated by mortgagee to be eqval to 1/12 of the annual cos (~~fbt~ow- ' ing: i ~ A-A!1 real propery taxes kvied or auessed against t e real estate. B-Premiums on fire and windstwm inwrance as FKrein req~~red to be carri emenri sit~ate on the above described premises, C-Premiums on such mortgage gusranty insurar~ce as from time to time deem fit to the ban secured he~eby, Nbrtgagee shall from t;me to ti ' gagor in writing of the amount due and payable herevnde~ and such wm ~ payable on the due dat xt monthly paymem a~d each successive month thereafter until mwtgagee sha11 ratify mwtgagor of a c 'n such amount. s alf be applied by mortgagee toward the payment of real property taxes, inwrance premEvms, and mwtgsge guaranfy inwr~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand a~d seal tFro day eu first aforesaid. ' Staled and deliver in the presence of: ' i .~..x ~ 2.~~;.~ ~ a - ~ f ~ ~ n ~ i STATE OF FIORIDA - ; Courmr oF ST • UJCIB ~ ~ - ~fa, ~i , John W. Blankenship ~ ~~ie L. Blankensh p w;f~, V1eIl krwwn ~nd knawn to rew to b~ the individwts described in ~nd whu ~xewted tM for~poirg inttru~t ~nd ~d~d fqe ms that they executed tt~e ssrr,~ fa the pwpos~s ~+,e.~in .xp..s.~d. M~a N,. a~ Ka~LIe L. ~an~crens~lp r-,c--v-a~ ~----~z wift O/ fhf MId ~M•~ss_~~!~~~ ~aaaa oaauiRensnip ~po~ • tep~•~N and priwN ex~minatae by~,pia_~~~!'~' r tV.and ~part from her said Ausband, sdu~owledped ro and b~fot~ rn~ that shs ~:ecufed said irotrument.fretly and volw~- ~"d ~"':~~D1Q'?~';X•~'P;!~}~~~'~"'f• ~PP~~twraion. « f~a? ot or iran M. s~id hvsba+d. ~tl~~ o~ n.i /.C.~_ d.y at Jan rY 69 . ~ ~ . ~ t r. ? N - A. D. 19 : ~ Z ' ~ . r~ . ~ ~ ~ ~ Public in ~nd fw ehe Stat~ of Fbrida N Lar~ ' ~ f ILEO ANO RECORDEO Nh? c~~?~.~, .~;.h: f~.r ~!~`-'la°'~ ST• WCIE COUNTY, FLA. Not~ry iiiiR, Star e1 FM~ii~ ~t La~ , ~ r,~+w u~r~" li~+ ,w~ i~ ~ Cp ~y F E D •°t ~b?r•n~" 1?~ M1f C°w"~°'r" Esp~ S~pt' 23. 1969 ~ . ~..ar ~r ~.w.. w. a u...rr , ~~PfHUi .Flbri~~• '~~~ir..:~,t• ~ ~ ~ '69 JAN 13 II:~ ~ ~ N This Instrumen? P~epared By First Federal Savings b loan Association ~OGER POtTR S of Fort Pieroe CLERK ClRCUlT COURT By J. D, Chastain K1T5 ~ 853 ~ r'~ C~:~ ~~~'-~-~~x~:~ ~w r - _ : _ _ = z~__