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Home My WebLink About2761 ' _ ~ ~ To plaa +e+d continvously keep on the buildinps ~ow w hereafte~ situat~ on said land and on +11 equiprn~nt ~nd p~nonally cov~red by this mat~ p~, wilh all prtmi~ml lherwn paid in fvll, tite ir?surance in tht vsual sta~dard policy form, in a sum approv~d by the MORTGAGEE, and windttwm inuuaea in ths uswl standard pol:q fwm, In ~ sum approved by tM MORiGAGEE, in wch company or companie~ a the hWRTGAGEE m+y dir~cll and ~II fin snd windsarm insurance poliues on any of said bvild~nps. any int~rest therein or par~ thereof, in tM ~pg~e9at~ wm a(or~said o~ In txaess thereof. sMll contain th~ usual stsnda?d mortps9~e cl+use a iuch o~ha clausa as the Matgages may requir~, m~kiny the losi v~ said po~4 ci~s, tach and ~very. p+Yabk ro aid MOATGAGEE ~s its i~~erest may ~ppear, and each and every such policy shall be promptly us:yned and delivered to ~ny held by said MORiGAGEE u funhe~ security to said matgag~ debt, and, rat leu than ten (10) days in advance of the ~xpiration of each policy, to dr livK to ~aid MORTGAGEE a renewal the~tof, togethsr with a receipt for the premium of such renewal; snd there shall be r+o fire w windstam ir?sur~nt~ pl~t~d on any of said buildinps, +~y interest therei~ o~ part thereof, ~nles~ it? tM form snd with the loss payabte as afweuidj and in tM event •ny sum } of mon~y becanet p+Y+blt unde? wch policy w polKiss ssid MORTGAGEE shall have the option ro receive and apply ~he sams on atcoum of tM indebted- ne~a s~cyt~d heteby p 1p permit said NIORTGAGORS fo reteive and us~ it o/ any part thereof tor othc~ purposes, viithout fh:reb~ waivi~ig o~ ~mpair- in~ any pvity, lien p rghl unda or by virtue of fhis mors9age: and in the ~vcn1 satd MORTGAGORS shall fw any reason fsil to keep the s+id p?emises so iruured, o~ fail fo deliver promptlY ~ny of said policies of insurance to said MORTGAGEE, a fail promptly to pay fully any premium therefor a in ~ny respect f~il to pNiwm, d~schsrye, execute, effect, tomplete, comply with and abide by thw mvenant, w a~y part hereof, sa~d MORTGAGEE m~y pl+c~ +nd paY fp s~ch itqvra~u or anr part thereof withovt waiving w affecting any oplion. lien, equity, or right under a by virtue of thii Mort9a~e, a~d the full amo~nl of eath and ewry sutA payn+e~t shall be immediately due and psyable a~d shall bear interest from tho dats the~eof until paid a1 ths raf~ ol ~ nine par ceMvm pN annum and together with such interest shall be secured by the lie~ of this mortgage. 1, To pKmif, aort~mit o? suffer ~o waste, impairment or deterioration of said p?operty a any part thereof. S. To pay all and sirgu~u the costs, charges and expe+ues, including a reasonable attaney's fee and costs of abstrads of title, incurred or paid at any time by said MORTGAGEE, because w in the eve~t of tha failu~e on the par~ of Ihe said MORTGAGOR ~o duly, promptly and fully perform, dixhargR execut~, effett, compkt~, tomply with ar?d ab:de by each and every the stipulations, sgreements, conditions, and covenants of said promissory note and this mwtqap~ eMt w eithe~, u~d said cosrs, chsrges and eapenxs, epch and every, sMll be immed~ately due and payable; whe~her or not there be notice ds~ j msnd, attompt to colktt o? svit pe~d~ng; and the futl amount of each and every suth payme~t shall besr intercst from ~he date thtreof until p~id ~t the j ratc of nin0 p!r CMtum pM aruwm; and all uld costs, charges and expenses incurred or paid, together with wch inlereat, shall be secu~ed by the lien of thu { mort~ay~. 6, That in the event of sny breach of this Mwlgsge a default on the part of the MORTGAGOR, w(b) in the event eny of said sums of mo~ey herein referred to be not promptly and fully paid within thirty (30) days nexl afte? the sarrx severally becane dix and payable, without demand or notite, or in the event each and every the stipulations, sgreements, conditions a~d covenants of sa:d p~omiuory note and th~s mortgage any or either are nof ~uty. prort?ptly and fully performed. dixharged. executed, eifected, completed, complied with and abided by. then in either ot any tuch event Ihe said a~ ~ yregaM wm mentioned in said promisswy rate then remaining unpa~d, with imerest accrued, and all moneys secured he~eby, shall betome d~s s~d payr able fwthwith, w th~veafter, at the option of said MORTGAGEE, as fully and completely as ii all of the wld sums of money v~rcre wiginslly stipulsted to be paid on such day, anything in said promiuory note w in this Mortgage ro the co~tra?y notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, witho~t notice w demand, suit at law w in equify, therefwe or ihereafter begun, may be prosecuted as if ~II moneys secured hereby j had matured prior to its insti*ution. 7. That in the evc~nt tl?at at the beginning of or at any time pending any suit upon this Mortgage, or to foreclose if, o? fo refwm it, o? fo enfwce ; payment of any claims hereunde~, said MORTGAGEE shall apply to the Court having jurisdictiw? thereof fo~ the appoiotment of a Receiver, such Court shall Forthwith spEwint a rcteivt+ of said mwtgaged prooerty all and singular, includ+n9 all and singular the inmme, pro(its, iuues and revenues from whatevet sourte detived, eath and every of whith, it being ex{xeuly understood, is hereby mortgaged as if specif~cally set fwth and described in the y~anting aod habend~m clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court fo a Receiver, and ~ such appointment shatl be made by such Court as an admitted equity and a matter of absolute right fo said MORiGAGEE, u+d withouf reference to the ~ adequscy or inadequacy of the value of the property morfgaged or to the so~vency w insolvency of said MORTGAGOR w the defendants, and that such rems, profin, income, iu~es and revenues shall be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Courf. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with snd abide by each and every the stipulations, agreemeMS, conditions ~nd covenanb in sa~d promissory note and this mortgsge set forth. 9. Th~t in the event the owee?ship of the mortgaged premisrs, w any pa~t thereof, becomes vested in a person other thsn the MORTGAGOR, the ~ MORTGAGEE, iri successors and auigns, may, without notice to the MORTGAOR, deal with such successo? or successor in interest with reference to this mo?tgsge snd the debt hereby setured in the same manner as with Mortgagor without in a~y way vitiating a discharging the Mortgagors' liability htre- under w ~pon the debt hereby secv~ed. No sale of the Fremises hereby mortgaged and no fwbearance on the part of the MORTGAGEE or its succeswn or aug~s and no extension of the time fw the paymeM of the debt hereby secured given by the MORTGAGEf or its succeuors w assigns, ahall op~rate to release, dixMrge, modify change or affect the wiginal liability of the NIURTGA('iOR herein, either in whole or in part. 10. It q specificslly agreed tFwt time is of the essence of this contract and that no waiver of any obligstion hereunder w of the obligatan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrvment setured herby. add"rtion to the fwego:ng monthly payments of princ'pal and interest requ~red by the p:omiswry note secured hereby, mortgsgor cove and agrees to pa :t agee with each monthly payrnent an addi~ional sum estimated by mortgagee to be equal to 1/12 of the ollow- ing: A-AII rea~ property taxes levied w assess ag . ve ea estate_ B-Premiums on fire and windsto:m insurance as equ~red to be ca im roveme~ts situate on the above described premises. C-Premiums oe such mortgage gu insurance as morigagee shall from time to time deem ~ the ban secured hereby. ! Mortgagee shall from ' o time notify rtwrtgagor in writing of the amount due and payable hereunder and suc s thereupon be due and ~ ~ payaWe on the du of the next monthly paymeot and each successive month thereafter urtil mortgagee shall notify mortgagw o e in soch ~ amount. sums shall be applied by mortgagee toward the payment of ~eal property taxes, insurarxe prem:ums, and morigage guaranty ~ ca~e # I I i IN WI7NESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. ~ ~ Siy Sesled and liv in the presence of: ti • sq n ~n ~ ~a~ ~ STATE OF FLORIDA : 5t. Lucie # courmr oF ~ d~fore ms pawnally sppearcd B illv Rav Mounts •~d ~ EIDNS Rosemary btounts his wife, to me well kraw~ and 4nown to me to be the individwb described in and who eaecuted the foreyang instrumem, and acknowledged before me that they executed the same fw ths pv~poses rherein expressed. Md tM said Emma Rosemary biounts ~ wife of the s,~d B i 11 y R a y D1o unt s „p«, , s~+.ate and P;;~u• examin~tw~ by me taken sepsrate and apart from her said husband, acknowledged to and befwe me that ihe e:ecuted said instrument Ereely and volvr?~ rarily a~d without any compulsiw~, constraint, apprehens~on, or fear of or from her said husband. WITNESS my h+nd ~nd official sesl thi~ ~_~Y~ day of ebruar A. D. 19~_ ~ z - ~ Notsry Public io and fw the State of Fbrida at lu~e ~ ~ . . , ;-..~..,My Commiuion ~xp'ves: ~,1-.~:t•~II~r„ t Return Ta. ~ PI~~ s~ ~ F~~ ~ fiM fsd~~~l Savirgs 8 Losn Association ' : ~'b~ . ' ~ 1969 ~ _ ' ~ ~.l . ~ ~f10w ~ ~ • Of Fort P~erce. ;!1 A~ca. fM ~ Cw~r O. i ~ M~N~ h Fat Pierce. Ftorida = ~ • , . ~ r v - ' r'~EC ~n ~ ~ $ c. ' . c. o ~ ~ ~~GORD " ' TRfCQrE COUNty ~ ' R This Instrument Prepared By , ~ ~O"~ _ j - fy~9 C YE~~1 ;y. * ~ ~ First Federal Snvings b Loan Association - 24 1 C c of Fort Pierce r~~ ir v~v ' ' % . ; FpGE _ Z ; ~ Checked ey .I. Collins . CCERI,( C,Rr-Ut j r~~~'~~'~t«/ { ~ - CUI i COUR t ~ . ~Q~175 ~~`75'~ ~ ~ ~ < ~ ~ - ~ y_ F .~.f „~L_ . ~ _ ~ ~ c ~''~~i'~.=:e~'~_~;%Y3~..~.~_.-. , . _ ~ ~