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Home My WebLink About1759 ' f 3. To plsc~ and continuously keep on th~ buitdings eww w Mreaft~r sitwt~ on said land and on +II equipme~?1 and penon~lly covered by this mort~ with •11 premiumi thereon paid in full, fi~e i~sur~nce in the usual itandard poticy torm. i~ a sum approved by the MORiGAGEE. and windsfam inswanc~ in the vsual s?anda.d pol~cy (wm, in a sum ~pproved by ~he MORTGAGEE, i~ :~?ch comp~ny or companies as the MORiGAGEE mar direct; ai+d ~II iirs and windstorm infu?ance policies on any of said bvild~~s, ~~y inlerest ~F?Q~ein or part thereof, in the aggregate ivm atwesaid or in txtess IF?ereol, thail contain ths usual sfandard mortgagee clause oi such oll~er c~ause af tM Mortgagee may ~equ~re, making the loss u~de~ sa~d poli~ ~ cie~, each and every, payab~a to said MORTGAGEE as its imerest may appea?, and each and every such poticy shall be promptly ass:yned and delivered ~o a~y held by Hid MORiGAGEE ai fu?ther security to uid ma~gage deb~, and, oot 1eu than ren (10) days i~ advance o( ri~e expira~~on of cach policy, to d~- ,m livei Io said MORTGAGEE a renewal thc~eof, Io9ether with a receipt fo~ the {uemium of such renewal; and there shall be no fire o? windstorm ins~ra~ce plxed on a~y of said build~ngs, any in~erat there~n or part thereof, vnless i~ Ihs fo~m and with the loss payable as afaesaid; and in the event any tum of money becomcs payable undtr suth policy or policies said MORTGAGEE shall Fwve ~he option to receive and apply the same on acco~nl oi the i~debted- neu seturld herab w ro rmit said MORTGAGORS to receive and u~e it a an art thereot for otner ' ot u» u. ~ Y P~ Y p purposes, withouf th:~eb~ waiv~ng pa' ing any eq~iry, lien or right unde~ w by virtue of this mort9age; and i~ the event sa:d MORTGAGpRS shall for any reason fa;l to keep the said premists so insured, q fail to detiva promptly any of said polities of insvrante to ssid MORTGAGEE, or fail promptly to pay fully any pre~nium therefor or in any respett fail to per(wm, discharge, execute, effect, complete, comply with uxl abide by this cove~an/, or any pa~t hrreof, said MORiGAGEf may place and pay tor such i~surancs or any part thereof without waiving w affecting any option, lien, equity, w righ~ under w by virtue of ~his Mwtgage, and tht full ~mount of each and every such payment shall be immediately due and payable ~nd ihall bea~ interest from the dafe thereof until paid ~1 the rate of n~ne per centum per an~um and to~ether with such interest shati be srcured by the lien of this mortgage. 1. To permit, commit or suffer no was~e, impairment or dete?ioration of snld properry w any part thereof. S. To pay all and singular the cost~, cha?gts ~nd expenses, including a reasonable aftorney's fee and cests of abst~ads of title, ir~turred or paid st any time by said MORTGAGfE, because or in the event of the failure on ~he part of the aaid MORTGAGqR to du~~, p~omptly arx) f~lly perfwm, d~uhargq exaute, effect, complete, comply w~th and ab:da by each aod everyr the stipular~ons, agreemenrs, conditeons, and tovenants of said promiswry note and ~his i matgags any or either, and sa~d costs, charges and expenses, each and every, shall be immediately due and payabfe; whether p not there be notice dr mand, attempt to cotled w suit pend~ng; snd the full amount of each and every such payment shall bear interes~ from the date thereof u~til psid at ttie rate of nine per cenrum pe~ annu.~n; an~' all said costs, charges and expenses incurred w paid, together w~th suth interest, shall be secured by the lien of thi~ ' mwtgage. 6. Thal (s) in the event of any breach of Ihis Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein referred to be not pranptly and fulty paid within lhirty (30) days next after the :ame severally become due and payabte, w~~hout demand w noiice, or (c) in the event each and every the s~iputations, agreements, conditions a~d covenants of sa~d promissory note ard th~s mortgage any or either are not ~uly, promptly and fully performed, discha:ged, executed, effecred, compteted, complied w;th and ab~ded `:y, then in e~the? w any such event ?he said ag gregafe s~m mentioned in said promissory note then remaioing unpaid, with interest accrued, and ail mo~eys secureJ hereby, shall become due and pay~ able forthwith, or thereafter, at the option of said MORTGAGEE, as fvlly and completely as if atl of ~he said sums of money wcre aiginalty st~pulated to be paid on such day, anything in sa±d p.omissory note or in this Mort9age to the contrary notwithstandi~ig; a~d therevpon or thereafter at tF~e optio~ of said MORTGAGEE, without notice or demand, s~it at law or in equity, the~efore or thereaiter begun, may be prosecuted as if atl moneys secured hereby had maturtd pnor to its institution. l 7. That in the event that at the beginning of or at any time pending any suit upon this Matgage, or to fweclose if, w to reform it, or to enforce payment of any claims he~eundrr, said MORTGAGEE shall apply to the Court having jurisd~ction ~hereof (o~ the appo~ntment of a Receiver, such Court shall Forthwith appoinl a rece+ver of said mortgaged prooerty alt and singular, inctud:ng all and si~gula~ the income, prolits, issues artd revenuea from whatever wu:ce derived, each a~d every of which, it being expressly understood, ia hereby mortgaged as if spet~fically set fwth and described in the g:anting and habendum clauses hereof, and such Receiver shall have atl the broad and effective funct~ons and powers in anywise e~trusted by a Cou~f fo a Reteiver, arwt such appointme~it :hall be made by such Court as an admitted equity and a matter of absolvte ~ight to said MORTGAGEE, and without reference to fhe adequacy w inadequacy of the value of the property mortgaged or 1o the wiventy or insolvency of said MORTGAGpR w the defe~dants, a~d that s~ch ren~s, profin, income, issues and revenues shall be applied by such Receiver according to the tien w equity of said MORTGAGEE and the practice oi such Court. 8. To duly, promptly and fully perfwm, discharge, execute, eftect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenams in sa~d promiuwy note and this mortgage set forth. 9. That in the event tbe ownership of the mortgaged premises, w any part thereof, becomes vested in a person olher than the MORiGAGOR, the . h10RTGAGEE, its successas and assigns, may, without notice to ~he MORTGAOR, deal with such succeuor w successor in interest wi?h reference to this morr9age and the debt hereby secured in the same manner as w~th Moitgago~ without in any way vitiating or dischargin~ the Matgaqori iisbility hera under or upon rhe debt i~e~eby secured. No sale of the premises F~ereby mortgaged and no forbearante on the part of the MpRTGAGEE w its f~cceuon or assigns and no extension of the time for the payment of the debt hercby secured given by the IAORiGAGf~ or its successors or auigns, ahall operate to release, diuharge, modify change or aifect 1he original liabii~ty of the MORTGAGOR herein, either irt whole or in part. 10. It is specifically agreed that time is of the e:sence of this contract and that no waiver of any obligation hereunder a of~the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured F~erby. 1 add:tio~ to the forego:ng monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mo~tgagor covenants and agrees to pay - ee with each monthly payr~~ent an add~rional sum estimated by morrgagee to be equal to 1 j 12 of o ow- ing: A-All real properly taxes (evied or assessed against t i a e. B-Prerniums on fire and windstorm insurance as herein r o be carri o iw.ia roveme~ts situate o~ the above described premises. ~ C-Premiums on such mortgage guarant " ~ e as morigagee shall trom time to time deem i on the loan secured hereby. ~ Mortgagee sha;l from time ' notify mortgagor in writing of the amount due and payable hereuodrr and suc . 1 thereupon be due arxl Fayable on the due ' t e next month!y payment and each successive month therea(ter ur.til mortgagee shall notify mortgagor o e in such amount ums sF.aii be apptied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty i ms. IN WITNE55 Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a year ir afwesai~~~ /_`i' Signed. Sealed and delivered in the presence of: ~iP'~~1,¢~ a~ n ~----c. . n ~ . cs~n SiATE OF FLORIDA ~ St. Lucie couwn oF sefa~ penonally appeared Johnie Gamble and Broqnie Mae Gamble. his wife. FZankl 'n p~ Harris and Valerie Harris~ his wife, to me well known and known to me to be the individusls described in and who e:ecuted the foregoing instrument, and atknowledged befwe me that they executed the same for the pwpcnes rherein ex~~d_ a~d rr,~ said Brownie Mae Gaiable, wife of the said Johnie Gamble, and 9vifawf•ti~sssid Valssri V Ha ri¢~~i,f~ Of the caic~ Franlclin A ~YY13 upon s separate and priv~te exar.~ination by me taken separate and apart from~?eiI'said husband$ackrawledged to and before me that ~iryexecuted said instrument {ree(y and volurn tarily and w;thout any compu)sion, constraint, spprehension, w fear of ot from~henlaid husbandS~ WITNESS my hand and official scal this day of Februa~r q, D. 19 69 ! Notary P lic in and for the State of Fbrida ~t Large My. iuiOn expirM: od G~ ~.9.7/ ¢ Retum To: ~ Fint Federsl Savings ~ toan /lssociation t:,,~~`:~~~.. Of Fort Pierce. ~t~ ~ p~ ~K, S~~ Of AOf1~2 it VfQQ , fort Pierte. Flwida .•a•....~ • ~r ~O~IISSI011`~K Atl~• 6, i971 ; J: ~ . Io.+.a b ~..~a. rw a c.wr c9,,,- ' ' • ~ ~ - FILEO ANO RECORDEO~ ` ~ ~ _..t , . - - , ST. LUCIE COUNTY, FLd. i This Instrument Prepared By RF.C~~D VERIFtED First Federa) Savings 8~ Loan Association 1'74415 " of Fort Pierce ~ Q Checked By John W. Collins `~..''n ~ ~69 FEB 3/J~ ~ ~ 6 - - ~ ~ ,~~~r:. • ~/r~~K- GG _ _ / ti'~ BQOK~75 f'ACE1~ ~j ~4G~n IT~AS r CLERK CIRCUtT COURT ~ ~ ~ _ - _ _r_ _ t ~L 5 ' ~ ~ ~ ~ ;