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Home My WebLink About2425 ' } ~ ~ . 1 ~ . . • .F l~ ' ' ; ~.r~ r + : ~ ~ 1 . t ~ , S. To plaa and contlnvou~ly ke~p on ths buildirps now o~ MrahK wtu~t~ on said lu~d and on ~II squlpnKnt u~d p~rson~lly cov~nd by this mat~ ap~, with d) pr~miven~ tiwreon p~id ie full, fin insuranu in ~M uiwl standard poticy form, in ~ sum approwd by ~M MORiGAGEE. ~nd wie~dstorm Irawana in tM uswl sunda~d policy fwm. in • wm approved by the MORTGAGEE, lo wch compu?y a co+np~~ia ~s tM MOR?GAGEE n+ay dincf~ and ~II fir~ uK! windstwm inwrs.z:~ policies on u?y of taW b~ildiops, ar+y inttrtst therein w parf thereof. in tM ~reyate wm ~(o«said ot in ~xass thK~of, sMll cvnt~in tM ~swl stand~~d mwtgs~ clause a such otha cl~vk u tM Mor~pap~s may rpuir~. m+kinp tM loss unda aid po1F ~iq, exh a~d ~vKy. p~YabN to said MORTGAGEE ~s its inte~esf may ~pps+~. and each and ~very ~~ch poliq shall b~ pranptly ~u~yned and deUvaed to any h~ld by s~id MORTGAGEE ss fu?1ha secvrity to said mortgag~ debt, and, not ku than ten (10) d+Ys in advancs of 1M expiratwn of Nch policy, ro dF liwr ro t+id MORTGAGEE s ra+ewal thereof, topeth~? with a reteipt for the premium of wch renewalj and thers sh~ll bs no firs w windstwm inwraec~ plaad an ~ny of aid b~ildiegs, aey ioterest tnsrein ot p~rl thereof, w+teu in the fwm and witA tM loss p+yabte ~s ~faesaid; u?d in the ~wM ~Mr swn of moMy becemy p~YaWe unds~ wd~ policy or policiss aid MORTGAGEE shall hsw ths option to receive snd ~pply the sarne on account of tM ir~bted~ nKS acyr~d lwr~py q tp permit said MORTGAGORS to receiw and us~ it or any part thereof io? other pu~poses, without lhareb/ waiviny a unpai~• Irg any pvity. Ilt~ w ripht u~d~r w by virt~e of lhis morlysye; and in tM event said MORTGAGORS ihall fa s~y reason fail ro keep the s+id p?emises so t~surd, a f~ll to dtliver promptly any of said policies of ins~rsnce fo said MORTGAGEE, a fail promptly to pay futly any premivm therefw w in u?y • rnp~cf fail b pKfwin, discharg~,-executs, effect, complete, comply wi~h and ati~de by this covena~t, o~ any put he.eof, said MORTGAGEE m~y plac~ and paY fer wch iruwanq or ~ny part thereof without waivinp or affectirg any option, Ikn, equi~y. w right under w by virtw of this Mat~aqe. and 1M fvll amou~?t of sach and ~very wch p+ymsnt sh+~~ be irTMned'utely dus and payabls ~~d shall bear tnteres~ irom tia dat~ thereof wdll paW ~t ths ~ate of nins pK centum pu ~mum and to~ethe~ wi~h such i~terest shall be secvred by ths lien of this mortgsge. 4. To p~rmtt, aommit o? wffa no wute, imp+irment or deteriwation of s~id property ot ~ny p~h thereof. S. To pay all snd skgular tl+e cos». cF:a~ges and exprnses. includirg • reasonsbls attwruy's fee and wsri of abstracts of title, incwred a paW at any time by said MORTGAGEE, beu~se a in the event of tM failure on the part of Ihe uid MORTGAGOR to duly, prompNy ~nd fuUy paform, d~xMr~ execut~. effect. oompkt~, oomply with and ab:de by each ~nd every the stipulations, sgreernents. conditions a~d covenants oi said promiuory note u+d thi~ mortq~ any or eitha, and said oosts, charges and expenses, each and every, sh~ll be imrnediately dve and paysble; whether o~ not there b~ ~otioe de~ mu~d, sttempt to colkcl or suit pendiny; and the full artiow?t of each and- everY svch paymer?t shall bes~ interest from the date thereof ~ntil paW d the rate of nine pe~ ccintvm per an~~um; and al~ said costs, chuges and expenses ~awrted or p+ld. together with such interes~, ihall be secured by tM li.n of tha 6, That (a) in the wem of ~ny brsxh of this Mortgsge or defa~tt on tM part of the MORTGAGOR, w(b) in the event any of said svrro of money fienin nfe~red to be oot promptly ~nd fully paid within thirty (30) days next afier the same seve~atly become due ~~d p+yable, without demand or notice. or (c~ In tM eve~f each snd evsry the stipvtatio~s, agreemenri, condifans and coven+nts of sa~d promissory note and th~s mortgage any w eitl+er sre ewl iuly, promptly and fully performed, discharged. executed, effected. completed. complied with ~nd ebided `~y, then in a'lher or ~ny s~ch event the s+id ag grepafe wm mentia+ed i~ faid promiuory note then remaining vnpaid, with interest acuuetl, and a~t moneys setured .hereby, shall becort~e dw and pay~ able forthwith, w the~eafter, at the option of said MORTGAGEE, as fvlly and compleiely as ii all of the said wms of money were diginally stipulatcd ro be paid on s~ch day, a~ything in ssld promiuory note or in this Mortgage to the contrary notwithstanding: and thereupon or thercaher at the option of said MORTGAGEE, without notice or demand, suit at law w in equity, tFKrefore or theroaher begun, may be prosecuted as if all ma~eys sawred hereby had matuted prior to its institution. . 7. Thet in ths event that at the beginning of or at any time pending any suit ~pon this Nlorigsge, or to foreclose it, or to refo?m it, w to enfwp payment of ~ny daims hereunder, ssid MORTGAGEE shall apply to the Court having jur~sd~dion ~hereof for the appointment of a Receiver, such Cou~t sh~ll forthwith sppoint a receive~ of said mortgaged propertY all and singvlar, includ~ng all and singular ~he lricorne, profits, issues and ~even~es from whatever source derived, each and every of which, it being expreuly understood, is hereby mongaged as if specifically set forth and desuibed in ihe pranting and . habendum davses hereof, ind such Receiver shall have all the broad and effective funct~ons and powers in anywiu entrusted by a Court to a Receiver, and •uch appointment shall be made by wch Court as an admitted equity a~d a matter of abwlute right to said MORTGAGEE, and without relerence to ths adeq~?aty or inaJeq~acy of the velue of the p~operty mortgaged w to the sotvency or insolvency of said MORTGAGOR w fhe defe~da~n, and that such rents, profits, incort~e, iuues and revenues shall be applied by such Receiver accwding to the fien or equity of said N10RTGAGEE and the practice of such Coutt. ' ~ - ' 8. To duly, promptly snd ivlly perform, dixharge, e:ecute, effect, completc, tomply with and abitle ff~? ea~h ~r?d every the stipulations, ~greements, conditwns and corenann in wid-promiuory note and this mortgage set iwth. 9. Th~1 in the event the owne+ship of the nwrtgaged premises, w any part thereof; becomes vested in a penon other thsn the MORTGAGOR, ths MORTGAGEE, its successors ~nd ass+gro, may, without notice ro.tF~e MORTGApR, deel wi~h such successw a wccessor in interest with reference to this mort9~ge ~nd the debt hereby setured in the same ma~ner ~s with Nbrtgagw without in any' way vitiating or dixharging the Mortgsgors' lisbility herr unde~ w upon the debt hereby xcured. No sale of the premises hereby mortgaged and no fo?bearance on the paA of the MORTGAGEE w in s~ccessas w assigns and no extension af tF+~ time fw ths psyment_of ths debr he.eby secured given by the iY1~ORFGAGEf or its successors w assig~n, shall operat~ ro release, discF?arge, modify change or afie4t the_original Iiabiliry of the MORTGAGOR FKrein, either iri whole or iil puy ~ 10. It is specifically agrced that time is of the essence of this contract and that rw waiver of,any obtgation hereunder or of ths obliyation se- cured hereby shall at sny time theresfter be I+eW to be's waiver of the• terms hereof-or of the instrumem securcd herby. ' ~In _a~d~dition to the fotego'rg rtwnthly paymenta of pri+x-pal snd interest required by t1~e p?omiuory tale secured hereby, mortgagor mvena~nt and agrees to~y~to-ww s ee with each monthly payment ~n add~rional wm est~mated by mortgagee to be equal to 1/12 of rhe an s1-eftl~- ing: . - . . _ A-All real property taxes levied w as;essed agains desuibed real B-Premiums on fire snd windstwm insurance as herein r c the improveme~h situate w? the above ~esuibed premices. ~ C-Premiums on such mo?tgage guaran i as'mortgagee shsll from time ro time it to carry on the ban secured hereby. i Motfgagee shall from time notify mortgagor in writing of the amounf due and payable hereu~ ch wm shall thereupon be due and ~ payable on the due e next monthly payment and each wccessive month thereafter until mortgagee shall noti y ~o~f a charge in wd~ ~ amount. shall be applied by mortgagee toward tix payment of real property taxes, i~s~rance prem:ums, and mortg gu3ranMr~i~surance _ _ ` IN WI7NE55 WHEREOF, the said MORTGAGOR has hereunto ut hu hand and seal the day and year fKSt afaesa . S~akd and liver ' tF+e presence of: ~ ~ n . n n..~ STATE OF fLORIDA ~ ST . UJC IB ~ counrnr oF pp~ Young D. Dickson ,~,d defae me persona~~y a 1M~ DiCk50fl FSte le S, his wife, to me well known and krwwn to me to bs the indiv~dwb described in and who execvted the for instrument, and acknowledged before me that they executed the same for the purposes rne.~ .~.~d. ti,a ..~d ~elle S. Dickson wifs of th~ .+~a Young D. D1Ck50A upon • scparate and privatt exsmi~aYa~ bp me tsken sepuate snd apart from he~ said Misbsnd, acknowledped ro and before me that she executed said imtrumem fresly and volwr tarily and withovt u~~r~ compubion, corutraiot, spprehe~s~n, or fear of w from her said Fwsband ~ WITNESS~iy, ~nd aod~otfitial seal thi~ ,~-s ~ day of Februas a p. 19 69 , , : ~ ••.,+i FILED AND Notsry Pubiic in ~nd fw the State of Fbrida st larp~ UC~E COU TY My Commission ex~res: ~ ''ReWm J9.N; ST. ~L.~_ p~~ ~ Rt~! F D Nd~ry f~l'ic. ~fak d Florid~ at L~rq~ Fust fedenl 'S~vin`gs 3 LD~n Assouai ~ / ~5~~ ~ (,~s10~ ~ 1'~~ ~Fo?t Pi~r~. - ~p/ wr AMefa~ fi~ 1 G~~YS G. ~ FqT. PierCe, F~piidd ~ Du 5 6 t ~ ~~9 fE6 fP{ ~ S~ ~ This Instrument Prepared By ~ ER t•O1TRt.S ! First Federal Savings ~ loan Associa~~trRK CIRCUIT COURT ! of Fort Pierce { Chedced By JQhn W. Collins ' ~ BO , r ~ f 1 ` ~ooK ~75 ~~~2~2i ' 1 - - - - - - - _ . _e~ . _ . _ _ _ ~ - , ~ ~