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Home My WebLink About2245 . . ~ .t To plaa and continvouily keep on tM buildinps now or Mre~ftK ~ituaN on taid I~nd and on sll equipm~nt u+d pcrson~lly covtred by this mat~ p~, with ~II pnmiums 1F?Keon paid i~ fvll, fire insuranca in IF» ususl standard policy form, i~ a sum ~pprowd by tM MORTGAGFF, ~nd windstorm i intwsnc~ In rh~ uswl standard pol;cy fae~ In a sum approved by the MORTGAGEE, in such company or comp~niei tM MORiGI?GEE may dintt~ ~nd ~II fir~ and windstorm insunnte policies on ~ny ot iaid b~ild~~p~, any int~~sst thcrein w part thereof, in tM ap~reg~t~ tvm afw~said or In sxnss the?eof, shall contain the usuai uandard mwtgage~ da~se or ~uch othe. ciause u 1hs bbrtgagee may requ'u~, mahi~p ~F?e loss under said poli~ ciaa, each and every, payable ro said MORTGAGEE as iq irttereil may +ppeu, ~nd each and every such policy ~hall be promptly ass:9r?ed and delive~ed ~o •ny h~Fd by said MORiGAGEE as fu~the~ security to ssid mw~gage debt, snd, not teu ~han ten (i0) dsys in advance of ths exp'aation of eich policy, ro da IivN to uid MORTGAGEE a?enewal thereof, togetha with e r«e7pt ia the premivm of such renewal; ar?J there sMll be no fue or windstwm inwrance plaoed on ~ny of s~id buildings, a~y interesf tharein w part ~hercof, unless in ~he fam and wi~h the lou p+yable +s efaewidr +~d in ths ~vaar am twn ~ of moe~y becpna payable under such policy or policiss said MORTGAGfE shal! haw the opGon ro receive and spply ~he s~me on ~ccounl o( Ihs fndebted~ ness setu~ed he~eby w to petmit ssid MORTGAGORS to reteive ~nd uss it or any part thereof for othc~ purposes, withoul thereb/ waiviny or ~mpair- ; 1ng any ~quity, lian a r'ght wider a by virtus of this mortqa9e; end in the event wid MORTGAGORS shall for any reaaon faA to keep tM sa~d pramisea so lns~red, or fail lo dcliver p~omptly sny of ssid policies of insu~ance ro said MORTGAGEE, or fail promptly to pay fully any aramium therefo~ p~ in any r~spect fsil ro pKfwm, dixharge, execute, effect, complete, comply with ar+d ab~ by this covEna~t, or any part hereof, ssid MORTGAGEE mey place end paY fw tuch tnwtanc~ or ~ny puf thcrcwf without waivinp or affectin9 any option, lien, equity, a right vr~de? w by virtue of ti?is ARa+tgape, and ths full amount of ~ach snd avery such paymenl shalt be immediately due and payabk and shall bear interest from the date thereof until paid at the rats o1 nir?e per ca?tum per annum and togcther wi~h s~ch interest shall be secured by the lien of tht: mort9age. 1. To pKmit, commit or wffer no waste, imp+irment w deterioration of said p~operty or any pa?f t?xreof. f S. To p~y all ~nd singuler ths costs, chtr~q and expenses, including s reasonable anwney's fee and co:ts of ab~tracts of title, Lncurced or paid at any time by aid MORTGAGEE, because or in the event of the iailu~e on thc part of Ihe said MORTGAGOR to dvly, prompHy and fully po~form, d~schary~, exetute, effect, oomplete, comply with and abide by each a~d every the stiputations, agreements, cond+tFons, snd covenants of said promissory note and thu mwtyaps ~ny or either, and iaid cosn, charges and expenses, each and every, shall be immediately due and payable; whether or not there be notice de- ~ mand, anempt to colkd or wit pendings +nd the full amouM of each and every such paymeM shatl bear interesl from the data thxeof unril p~id af the rate oi nine per ctntum per aroium; and all said costs, chargrs and expenses incurred a paid, together with tuch interest, shall be secured by the lien of this mort~~• . i 6. That in the eveet of any breach of this Mortgage w defavl~ on the part of the MORTGAGpR, o? (b) in the evenf soy of said sums of money herein rtferred to be not promptty and fully pa7d within thirty (30) days next after the samc severalty become due and payabk, without demand a notice. w(~ in tM event exh and every the stipulations, agrcements, conditio~s and covenants of sa~d promiuory note and th~s mortgaye a~y or eiti+er ~~e nd iuly, promptly snd fully performed, discharged, executed, effected, completed, complied wirh and abided by, then in either o~ any such sw~t the s~id a¢ gregsis wm menfioned in said p?omiswry rate then remaining unpaid, with inleresl acuued. and all moneys setured hereby, shall betort~e d~e ~nd p~y- sble forthwith, or thereafter, at the option of said MORTGAGEE, as fully ~nd compktely as if all of the said sums of money were originatly stipulated to be paid on such day, anything in said promissory note o~ in th;s AAortgaqe to the contrary notwiths?anding; and thereupon w thereafte~ at the option of said MORiGAGEE, without notice o~ demand, wit at law or ln equity, therefwe or thereafter begun, rt?ay be prosecuted ss ef all ma~eys secvred he?eby E had m~fwed ~ar to i1s institution. ' P 7. Th~t in the eva~t that at the beginning of or at any time pend~rg any wtt upon thu Mortgage, w to foreclose iL w to roform it, w to enforce ~ payment of any claims he?ev~der, said MORTGAGEE shall apply to the Court hsving jurisdtction fhereof tor the appoiMment of ~ Receiver, svch Court shall fwthwitb sppoint a reteiver of said mortgaged property alI and singular, intlud~ng all and :irx~ ulsr Ihs• inatn4 pro~its, ~issues and revM~es from whataver wurta darived, each and every of which, it being expreuly unde~stood. is hereby mortgaged as- if specifically set fwth and desuibed in the y~anting and habenclwn dauses hereof, snd suth Receiver shall have all the broad and effective funct~ons ard powe~s in anpwise entrusted by a Court to a Receiver, end such appoinfinent shall be made by such Court as an admitted equ'ety and a matter oi absolute right fq said MORTGAGEE, sod without reference to the i adequacy p inadcquacy of the value of the propeny mwtgaged or ro tF?e wlvency w insoivene~of~~taid NIQRTGAGQR or tbe ckfer?dpnn, and that svch ~ rents, profiri, income, iuues and revenves shall be applied by such Receiver according to the lien a~'equifr'o~ said MORTGI?Gff,and, jFrc.p,r~liCe o! such Court. 1 ~ { 8. To d~ly, promptly and fully pe?form, discharge, execute, effect, compkte, comply with and abide by each aod every ths stipulatans, agreert~ents, ~ conditans ~nd covensnts in said promissory note and this mortgage set fath. ` ; 9. That in tl~e event the ownership of the mortgsged premises, w a~y part tF~ereof, becwnes vested in a person other tF~rf fhe MORTGAGOR, fhe MORTGAGEE, iri successors and augns, may, wifhovt r.otice to tF~e MORTGAOR, deal with such wccesso? w wccesso~ in interest with reference ro this mortgage and the debt hereby secured in the same mar.ner as with Mwtgagor without in any way vitiating q distharging the Mortgagon' liability hera under w trpon the debt he~eby secured. No sale of the prem;ses hereby mo~tgaged and no forbearance on the part of the MORTGAGEE a iri suaesson or assig~s and no extension of the time fw the payment of the debt hereby secured given by the IV~ORTGAGE' or its successwa or auigns, shall ope?ate ro retease, discharge, modify thange a affect iF~e origina~ tiability of the AM1ORTGAGOR herein, either• in wFwle or in part. 10. It is spetificatty agretd that time is of the essence of this coM?act and thaf no waiver of any obligaYwn hereundtr or of 1he obligation se- cu?ed hereby ahall at any time thereafter be held to be a waiver of the terms hereof or of the instrumem secured herby. In add~tion to the fwego:ng monthly paynwnts of prin~ pal and interest required by the promissory note secured hereby, nts and agrees to rt agee with each monthly payment an addi~ional sum estimated by mortgagee to be eq~a! t annual cost of the follow- ing: A-All real p~operty taxes levied or assessed aga~. escri estate. B-Premiums on fire and windstorm insurance as herei to be carn roveme~ts situate on the above described premifes. ' C-Premiums on such mortgage guarant ' nce as mortgagte shalt from time to time deem ~f loan secured hereby. Mortgagee shall from ti me nor;fy mortgagor in writ~ng of the amoum due and payable hereunder and such wm s a be due end payable on the dv o the next monthly payment and each sutcessive month thereafter ur.til mortgagee shall notify mortgagqr of a charge ~ y4lt amount. sums shall be apptied by morrgagee toward the paymenf of real property taxes, insurarxe p~em:ums, and mortgage guaranty inswance ums. IN WITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand and seal tFx day `and year first afaesaid. Seskd and 'ver 'n the p?esence of: ~ ~ ,n - ~an ~e--~ ~-n STATE OF FLORIDA t courmr oF ST • L[lC IE } ss. 6efore me personally appeared Hardie Caapbell, a single adult to me well k~own and knawn to me fo be i the tndivid~s~/ desvibed in and who executed tha fwegoing instrunenl, ar?d acknawkdged before me tMt ~hey executed the same for the purpo:es ~ tlxrein axpressad. ~tfderowe~r " ' ~•i t y 1 WITNESS my Mnd and offiual seal thi E~ ebruar ,,.,t~~...,,, n. c. i9 69 S~ Lt}CI~ COUN7Y. F . ~ ~ ; <1 C 0 R i : % J? Notary Publ'K in snd for the State of Florida at lu~s ' _ ; ~ ; - ~ i ~ My Commissan expires: - ' • y'R~ur'o ~T . F~?st ~idelil Savioys ~'lqar? ~issociation ~~i7 f CD ~ L ~ ; • ~ P~' ~ifE 0~ AOfldi ~ (~t ~ r ~ ~f. f~a ,~uR. = 1'74'725 c~"'.~°" ~'^a s~. F~~~' vire~e ~o.' _ ~e.~M b nww, r.. a e,.~, l..i'~! ~~j ~ ~ ~J c i ' ~:Q~=3 :'O!'fRAS CI~RK CtRCU1T COURT ~ ~fhi~~lh's.~w~nt. i!~epared By : First ~ederal $avingt Loan Association ! ' ;~fort Pierce i E , ~h~~.gy .John W. CoZlins ~ . , aaoK~.fi~J ~c~~~~~ . F~ ~ , 1' ~ ~ ti ~ ~ r ~ ~~~'~.~°~:~'.~`~~~r . - -