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Home My WebLink About2755 ~ - ~ To plau and contir?uovsly kkp on ths buildinps now a Fx~eaf~er situst~ on ~aid Isnd and on sll eq~ipr~trtt and prrsonally covaed by this mortp~ f s~s, with all premiums theroon paJd in full, fire insurance in ~he usual s~a~dard policy form, in a ium ~pprowd by ti+~ MORiGAGEE, and windttorm iniw~nc~ in tM uiwl iundard policy fam, ie+ a sum approved by tM MORTGAGEE, in wch company or companies as the MORTGAGEE may diredt a~~d ~II iin and w~odirorm inwrae~ts policie~ on aoy of said btiiWinps, ~ny interest the~ein o~ p~rt Ihe~eof, in tM ag~re~ats wm afor~aid a In,~xcess thereof, sMll contai~ the vswl sqndard mortgagee clauie u ~uch aF+N ctauie ~s IM Mor~9+gee may reqvu~, m+kinp ths lou under uid po14 cies, sach ~~d evay, payable to said MORTGAGEE as its interest may appear, and each and every ivch policy ~hall be promptlY ass~9ned and de~ivered to •ny hetd by said MORiGACaEE as furtFw~ security to said matgage debt, a~, not leu ~han ten (10I days in advance of the expiration oi each policy, to dr liver to said MORTGAGEE a renewal tFxreof, topether with a ~eteipt fw the premiwn oi :uth renewal; and there shatl be r+o fire w windstorm insu~ance plac~d on sny of said buildings, +ny interest therein or part thereof, vnleu in the form and with the lou payable as afwesaid; ~nd in the event any swn of money becomes payabl~ u~der such policy w policies said MORTGAGEE shall have ~he option to ~eceive and apply the same on account of tM indebted- ness s~cured he~eby w ~o pe+mit said MORTGAGORS to reteive and use it w any part thereof fo~ othe~ pv~poses, without ~h~.eb,r waivi~y a~mpair- irg sny puity, lie~ or rigM under or by virtue of lhis mortgage; ~~d in the event said MORTGAGORS shall fw u?y rcason fail to keep the iaid premises ao I ins~red, or fail w delive~ promptly ~ny of said policies of i~surance to sa~d MORTGAGEE, w fa71 promptly to pay fully any preoiium therefw o~ ia any respM f~il b pKfweq, discharge, exetuts, effett, complete, comply with and abide by this covenanl, or sny part hereof, said MORTGAGEE m~y plics anti ! pay ta :„ch imuranc~ w u?y part thcreof without waiving or affedi~p sny option, lien, equ~ty, w right under w by virtw of this Mortgaye, u+d the ~ full amo~nt of eath u~d ~v~ry s~ch payment shsll be immedi+tely d~e and psyable ~nd shall bear interest trom the d~te thereof ~ntil paid a1 ths rat~ o) j nine per centum psr annum and to~ethe~ with iuch interest shall be secured by the lien of this mortgage. i 1. To ptrmlt, tommif or wffer ~o wufe, impairment w deferioration of said property or any psrt thereof. ~ S. To p~y all and singular tF?e cwts, chargea snd expensea, including a reasonable attwney's fee and costs of abstrads of title, incurred o~ paid at F any tuM by wid MORTGAGfE, because w in the event of the failure on the pa?t of the wid MORTGAGOR to duly, p~omptly and fully pea(wm, d~xharge, execute, effect, complete, comply with and abide by each end every the stipulations, agreements, cond~tio~s, and covena~n of uid promissory note and this mortpaye any o? eithe~, and said costs, chsrges and expenses, each and every, shall be immediately due and payable; whether a not there be notice de ; mand, attempt to mlkct ot wit pendirg; ~r~d the fvll artaunt of eath and evety s~rth paymem shatl bear interest from the date theteof until paid at the ; rate of nine per te~tum per amwm; and all said tosts, tharges and expenses incurrod or pa~d, logether wi?h suth interett, sF?a!1 be tccured by the lien of thii ~ro~ b. That in the event of any breach of this Mortgsge or defautt on the part of the MORTGAGOR, w(b) in the eve~t ~~y of sa~d twns of money herein referred to be not promptly and fully paid within lhirty (30) days next after the same severally become due and payabls, without dtmand or notite. or in the eveM each snd every the stipulations, agrecmeots, conditions and covenants of u~d promiuory ~ote and th~s mortgage any w euher are no1 ~ iuly, promptly and fully performed, d~xharged, executed, effected, compkted, complied with and abided by; then in either w any s~ch event the said ag ~ gregat~ wm meniaixd in said promiuory note then remai~ing unpa~d, with interest accrued, and al~ momeys secured hereby, shall become due and psy~ able fo~thwith, a thereafte?, a1 the optioe of said MORTGAGEE, as tully and completely as it all of the said sums of money were wginally stipulated to be paid on such day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon w thereafter at the option of ; said MORTGAGEE, without notice w demand, suit at law o? in equity, therefore w thereafter begun, may be prosecuted as if all moneys sacu~ed hereby i had mat~red priw fo its imtitWia~. That in the eve~t that at the beginnirg of w at any time pe~ding any suit upon this Mortgage, w to fweclose it, or to reform it, a to a+forte ; payment of any cla'una he~eunder, said MORTGAGEE shall apply to the Court hav;ng jur~sdrction thereof fw the appo~ntment of a Recerver, iuch Court shall ~ Forthwith ~ppoiM a receiver of said mortgsged property all and sirgular, includ~ng all and singular the income, profils, iswes and revenues from whatever wurce derived, each and every of which, it being expressly undentood, is hereby mo?tgaged as if specifically sN fwth and dewibed in the grsntiny snd habendum clauses hereof, and such Receiver shall have sll the broad and effedive funct~ons and powers in anywise entrusted by s Court fo a Receiver, and ~ such appointment shall be made by wch Court as an adrr~itted equity and a matter of absolute right to said MORTGAGEE, and without reference to fhe i edequacy a insdeq~acy of the value of the properry mwtgaged or to the solverxy o~ insolvency of said MORiGAGOR a the defendann, and thaf wch i rents, profits, income, iuues and revenues shall be applied by such Receiver according to the {ien or equity of said MORTGAGEE and tlx practite of such ~ Co~tt. S. To duly, promptly and fully perform, dixharge, execute, effect, mmptete, com4ly wilh and abida by each and every ths stipulaYans, agreemenb, ~ condiYaes and covenants in said p?omissory note and this mortgage set forth_ _ 9. That in the event the ownership of the mwtgaged premises, or any part thereof, becomes vested in a person otFxr fhan ihe MORIGAGOR, the MORTGAGEE, iri succeuors snd auigns, may, without r?otice to the MORTGAOR, deal with such successor w successor in interest with reference to this mortgage and the debt hereby secured in the same manne~ as with Mortga9w without in a~y way vitiating or diuharging the Mortgagors' liability herr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part oi the MORiGAGEE or its suctessors or sugns and no extension of the time fw the paymem of tlw debt hereby secured given by the MORTGAGE~ or its successors w assigns, slwll operate to release, discharge, modify change w affect the original IiabiGty of the MORTGAGOR herein, either in whole or io p~rL 10. It is spec~ficatly agreed that time is oI the essence of this contratl and that no waiver of any obligatan herevnder or of the oblgatan se- ! cured hereby shall at any time thereafter be held ro be a waiver of the terms hereof or of the instrumem secured herby. ~ 1, ' to the forego:ng monthly paymems of print pal and interest required by the promissory ~ote setured hereby, rtwrtgagor covenants ~ and agrees to pay to mortgag onthly payrnent an addirional sum estimated by mwlgagee to be equal to 1/12 of t ow- ! ing: A-All real property taxes levied or asses:ed agai~st the above descri . ~ B-Premiums on fire and windstorm insurance as herein o carried on the improve ' uate on the above deuribed premises. C-Premiums on such mortgage guar rarce as mo~t9agee shall from time to time deem fit to carry on secured hereby. ~ Mwtgagee shall fr ' time notify mortgagor in writing of the amount due and payable hereundrr and such sum sha on be due and ~ payable on the e of the nexl monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagw of a~fgwjL`such . amoun sums shall be applied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranfy ~nwrance ~ wms. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid E ned. Sea and ed i the preaeoce of: s € ~ ! n ~ ~ ~ n ~ ; ~ STATE OP FIORIDA 1 Courrrr oF St L_~ sa i~ eefore me personally sppesred Alfred R. Hamilton ~nd Minnie L. Hainilton his wife, to me well known and known to me to bs the individwb described in and who executed ti~e foregoiny instrument, and acknowledged before me that they executed the same ior the purposes t rherrin ~xp~essed. And th~ said MiA~11C j.• Haaailton ~ ~ w~Fe Alfred R. Hamilton upon a sep~r~te and p~iv~t~ examin~tan by me taken separate and apart irom her said husbsnd, acknowledged to and befwe me that she executed said instrumeM freely and volun- ~ ~ ~ar~ly ~nd w~thout ~ny compulsion, consrraint, appreher?~on, o? fear of w from her aid hviband. Y WITNESS my hu+d and official seal thii day of A. p, lq 69 ~ . ~"c2s.~u~/ _ ~ " ~ Notary Public in and for the State of F{orid~• ~f ,~rp~ ~ ~ r!~E:; Nh~ RECG;~DED M,, e«~m~u~„ exp'ves: _3- 7/ ~:~..v._ . Y Rewm To: S j. LU~,IE C~i1iVTY. ~l.=~. ~ - - ~ Fint Federal S+virgs b tosn Assoc~ar~or? RECORG VER1F':i:. ~ ' ~ - - _ ~ ~ Of Fort P~e~ce. ~IOTA17 ?Y~UC, =TATf Of FLOw1~A. ` LARiE ~ ! Fort Pierte. Flotids r ' ~ ~ ~ ` ~ 1y69 ~ ~.3 ~4 ~ . i Mr co~iss~o~ Exv~aES oEC. • 3 ~~i . . ~ ~ ~~~~~L t~«yXtcc~ ~onpco ~MSOUOw ~11ED w. o~~sTtLro~st ~ - ~ ROGEH F'i3~-i-itti ~ - ~ : - ~ This Instrument Prepared By ~ L E R K C I P, C U i T C O U f~ 1 - ~ ~ First Federal Savings b loan Association ~ ' Y of Fort Pierce ~ ~h~~ By J. C.ollins ~ ~ a~i75 ~2751 ~ ~-~~~4 = - - - ~ - ~ ~~.~~.~-.~~w~-,~~`~" : _ ~ ~ - -~a~~