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Home My WebLink About1304 . i . 3. To pl~q ~nd continuoualy kNp on tF» buiidings rw~w o~ h~r~aftN utwM on iaid land ~nd on all eq~ipmsnl and pNao~ally oovK~d by this mat~ ~p~, with all premiwm ~hN~on paid in fuli, fir~ inswaoc~ in tM uswt ttandud policy torrt~, in a ~um ~pp~ov~d by ~M MORTGAGEE, and wi~dsw?m imwa~q in tM ~nw) aranda.d poticy fam, M• swn app~ov~d by tM MWtTGAGEE, in wch comp~ny a companies as ~M MOitTGAGEE may dihctt ~nd ill fin aod wi~torm insw~oq polici~s on any of ss~d build~nps, ~ny i~r~r~st ~herein w p~.t tl?~reoi. in tM a~grey~ee ~um afar~aid o~ In ~xcess tlre~eof~ shalt contain the vsw! ~tanda.d r^nrtyay~ cl~~~ a such aha clw~ as ~M Matpa~ ma) nquv~. ma?inp th~ lou u~de~ tad po1F ci~s, each and ~very. paYabl~ a s+id MORTGAGEE a i~s intaest may ~ppea~. and each a„d ewry s~rch policy ~hall t» prompNy sss:pnad ~nd detivered to +ny Mid by said MORIGAGEE as fu.tF~er uaxity to said morr9ay~ drbt, a~+d not less tMn ten p0) days ln advance of ~hs expi?ation of each policy, ro dr liwr to said MORTGAGEE ~ ~enew~l tMnof~ to~~hN with • rspipt fa tM pr~mium of such renewat; and there shall b~ no fue a wlnditorm inwr~nc~ p~+ad oe ~ny of sald bvildirg~. ~ny inter~st tMrei~ or p+rt the~eof, unleu in tl~ fo.m and with tM ioss p~ysble as aiassaidj ~+d in tM eveot any tum of ma~ty becornss pay~blt v~~ uxh polky a polities uid MORTGAGEE tl?all haw ths opt~on to receive and apply the s+me on ucoun~ o( ths indebted~ wst tKVred Mreby w fo permit said MORTGAGORS to ~eteive and use it p any pa~t therepf iw othcr purposes, without ~hr.eb~ waivi~y a unpair- i~g any pvity. lien ot ri9ht unda or by virfw of this mortyaye; aid in rM event said AAORiGAGORS shall fp any reaso~ fail to keep the said pemises so i~ured, or fail fo delive~ promptly u~y of said policits of intwant~ fo s~id MORTGAGEE, o~ fail promptly 1o pay fully any premium therefo~ or i~ ~ny r~ipect f~il to perfwm, ditchu~e, ezacute, ~ffed, compltt~, comply with ~nd ab+d~ by this covenant, a aoy part htrwf, ieid IYWRTGAGEE may plsce and paY fo? such irourano? a any pan thsreof without w~hrinp a~Hectieg ~ny option, li~n, equity, w r'pht w~de~ a by virtw of this Mwfg~e, ~nd ths full arnouM of ~ach u~d ewry such paymeM shall b~ iewn~di~f~ly dw and p~ysbk ~nd ahall be~r interest f~om tM date thereof ~mtil p~id at the rat~ of nine pN qntum p~t anrwm and to~ether with sucl+ interest shall be secv~ed by tM lisn of this mwtyaQe. 4. To p~mit, aanrtdt or wffe~ no wut~, Impsirmertt p detaiwaion of isid property or ~ny part thereof. S. To p+y aU ~nd sirgular th~ cosq, th~rpe~ u~d ezpense~, includirg • ~easonable ~ttorney's fce and cosb of abstrscts of title, i~x~~red or paid tl eny time by said MORTGAGEE, b~caus~ w in ths evMt of the failwe on th~ p~~t of tM said MORTGAGOR to duly, promptly and f~tly perfo~m, d~icha~ge, execvt~. ~ffect. compkte, comply with aexi abide by e+d, and arery ths ~tipvlar~on~, sgresrr~enrs. condirions, and covenanq of ssid promissory note and rhis matyap~ u~y a aither. and said cosn, chu~s u+d expe~?ses, each and every, sF?~II be immediately dve and payable: whether w not there be ~otice d~ msnd, ~ttempt to rnlkd or suit pend~ny; ~nd the full amounl of ~ach and every such paymem shsli bce. i~rcrest from the date thereof untN p~id a1 the ?are of nine per centum per annum; and ill said costs, ch~rpes u~d expenses :ncvrred or paid, together with s~ch intereit, shal) bs secured by tM lia? of this mOrt~a~• 6. 7fwt (a) in tM event of any breach of this Mort9a~e or default on the part of tFM MORTGAGOR, w(bj in the event any of ta:d svms of money herein refsrred to be not promptly and fully paid wifhin thirty (30) days next after Ihe same seve?ally become due and p~yabk, without demand or t~otice, or in th~ event each ~nd every the ttipulstions, sgreemsnts, conditiwu and covensnts of ia~d promiuory note and th~s mortgage any or either are not iuly, promPtly ~nd fvlly perfwmed, discMrged, executed, eftected, compteted, complied with and abided by, tMn in eitbe? a any such avent IM ~+id yrey~te sum mention~d in said promisswy nota then remaininp unpaid, with interest accrued, and a11 mo~eyi secured hereby, shall becorna dw and psy- able forthwith, or thereafter, st the option of said MORTGAGEE, ai fully and completely as if alt of ~he said sums oi money were org+MSly ar~pulated to be paid on such day. anything in said promissory note or io thia MortysQe fo the convary notwithsta~ding; and thereupon or thereafter al the option of said MORTGAGEE, witFaut notice a derr?~nd, suit at law w in equity. therefore w thercaite? begun, may be prosecuted ss if all rtwneya secured heroby had matured pnot to iri ieatitution. 7. Thst in the evee~t that ar the beginni~ of or at any fims ~od;n4 sny suit vpo~ tF~is Mortgsge, w to foreclos~ it, or to reform it, w to enforc~ payment of any claims he.eunder, sa;d /NpRTGAGEE sh~ll apply to the Court hsving jur~sdKtion thereof fw the appointment of • Receiver, such Cour~ ahall fwthwith ~ppoint a rcceiver of said mortgaged property atl and sinpvlar, includ~ng all and sir?qvlar the ir~come, profirs, iswes and revenues from whateve~ wurce derived, each and every of which„ it beirg expreuly understood, is hereby mwigaged u if speciiically set fath and dewibed in the granting and habe~dum clavses hereof, ~nd such Reteiver shall Mve ~II tM brwd and effective iunct~ons and powers in anywise entrusfe~ by a Court ro a Receiver, and •uch appok~tment shalt be made by wch Covrt as in adm;ned equity and a matter of absolule right to said MORiGAGEE, and without rcference to the adequscy or insdequacy of the value of tlx property mortgsged pr to the sohrency w i~solvency of said MpRiGAGOR or the defendams, and thst such rents, profiri, income, iswes ~nd rerenues shail be apptied by wd~ Receiver sccording to the lien or equity ot said MORTGAGEE and the practits of such Court. 8. To duly, promptiy and fvlly perform, d;uhsrge, execute, cffect, complete, comply with and abide by each and every the stipulaY~ons, agreemenri, conditans and coven~nts in said prorri~uory note and this mortgsge set fwth. 9. That in the evmt the ownenhip of the mortgaged premises. or any pert the~eof, becoma ve~ted In a person other than the MORTGAGOR, tM MOR7GAGEE, ib successon and sugns, may, without notice to t1+e MORTGAOR, desl with such wccessor or successor in interest with reference to this mortgage and the debt he~eby secwed in the same msnner as with Mortgagor without in any way vitiating a discharying the AAatyagon' liabitiry hen- under a upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w iti successon or suig~x and no extension of the time fw the psyment of tha debf t?ereby secured qiven by the MORTGAGEf w it: avccessors or usig~, ah~ll operat~ ro release. dixM~qe. modify charge o~ affect the oriyinal liabit~ty of the MORiGAGOR here;n, eilher in whob or in put. 10. ft is specifically agreed that teme is of the essence of tbis contract snd that no w~iver of any obligatan hereunder or of the obliy~Yan sa cvred hereby shall at any t~, thereafier b~ held to be a waiver of the termt hereof o? of the instrwnent secured herby. 11`~I drtion to the fwego:ng monthly payments of prine'pal and iMe~est required by the prom'~uory note srcured hereb covenants and ~grees to pay o ee with eath monrhly payrr~t an addirional sum esrimated by mortgagee to be ua annual cost of the follow- i~: A-All real property taxes kvied w assessed agai~s uri state. B-Prem~ums on fire and windstorm insurance as herei to be carr~ ovements situate on the above dewibed premises, C-Premiums o~ such morfgage gvaran ' ance es morfgagea shall from time to time deem on the loan secured hereby. Mwtgagee shall irom ti ~me ratify mwtgagor in writing of the amount due and psyabfe hereunder and su therevpon be due and payab~e on the d o the next monthly pa~ment and each wtccssive month thereafter ur,fil mwtgsgee shall notify mortgagw o ~e ~n such amount. s ahatl be apptied by mortgagee toward the payment of real property taxes, inwrance pem:ums, end mortgage guaranty '~r~rsnce ~un?s. n IN W1INESS WHEREOF, the said MpRTGAGOR i~ss hereunto xt his hand and seal the day snd yes? fint aforesaid. Sipe~e 3eakd and elivera i~ the presence of: -~t ' ~ +b ~ ~-n STAiE Of fLORIDA couNnr oF S2 ~ I~JCIB ~ ss. . . C. J, Albzitton ~~f M~si'~~a ~en br tton "`d his wife, ro me weH known •nd known fo me to bt the jndividwb desuib~d in and who ~xecutad ths for~o~rg instr~rment, and before rr~ tMt they exrcuted ths sarne fa the purposes ~e~ ~~K~_ ~ ~ ~ M1l~lla? H@l~n Alb~tton w;f~ w~ C. J. Albr tton vpon a sep~r~t. and privaf~ eauninatw~ by m~ taken s~parat~ and apart from Irr s~id iwsb~nd, adcnpwledped m, ~rrd b~fa~ r~ that sht exetuted said instn~nt frNly and volw~- r~rily and rv~thow anf? can~ls~on, caurraint appnh~ns;wti o~ har of a from Mr id husband. wnN~,~y~~a~~~;,~ .~.i ~ti;. a~'n~,~._._ d,~, or ~anuasy A. D. 19 69 ~ / : 7: E`~`= ANO REC j ; J. , : f ILEO NTY. FLA: •?r v~biK «~a ra tM Sut~ of Florid~ at tarp~ ~ ~ ~ ~,~.-x~+:"~T°° ' ST~i~FC ~E COUR~FIE c~~~, fu+i ~jip;'Z.~.i ~s;~s.r~, ~p v~ M~t+~fr trii~c. StaM ol flai~+ at t~rqs = . _ 1iA~r t,e~issio~ Eapires Sept. 23. 1469 ~ ~ pol;so.? `p~e.: ? L~ ~Y ~ 1~ 3 ~ w.w M ~..r... K. a c.~.r. c.. ; ~ fi+! ~~uc~. Fio~~arJ ~ Z~ • : . _ : . '69 ~lAif ` - <<;.= 1?74~~5 { ~r= • L' ~ •h,,,,~~.~t,::~ This ~~strument Prepared By RQGER 'r'017RAS First Federel Savings b loan AssociationCLERK CIRCUIj COUFtT' of Fort Pierce Checked By R#chazd K. Kay~a a~~ 75 ~ ~301 ~ . ~ ~ ? ~ ~ ~ - ,a. s~ . _ . _ . _ _ _ . _ ~ = ~ .