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Home My WebLink About0049 ~ J. To plac~ and contJrnwusly kesp on fhe buildinys ~ow w MreaftN iitu~t~ on s~id lu~d and on all equipme~t ~nd pe~woally cove~sd by this mort~ ~ ap~, wilh ~11 pr~miumi tMreon pa~d in full, fire insvr~nc~ i~ tha usual sta~dard policy fo~m, in • ivm ~pproved by ~h~ MORiGAGEE, a~d windstam insv~~nct in tM uswl ~tu+dard policy (am, in a sum approved by the lNORTGAGfE, In such company a compa~iss as ths MORTGAGEE may dincll a~d ~Q fGa u~d windstoren insw~nce polK~es on a~y of ssid build~nps, a~y inttresl tF+crein or part thereof, i~ the a99regate wm aforesaid w in ~zcess thereof, th~ll contai~ ~he uwal standard mwt9agee cl~use w such other ctause ~s ths Matqagee may requ~n, makinp the lou under said po1F~ cies. ~acA iod ~vs_ry. payabls to said MORTGAGEE as its interest may sppea~, and cach and eve~y such poticy ~halt b~ p~omptly ass:pned and delivered to +~y held by taid MORTGAGEE as furthe~ security to said mortgage deb~, ~nd, not Isu tMn ten (10) days in advance of the eapirat~on of each poliq, to da live~ fo s~id MdRTGAGEE • renewal thareof, 1oQether w~th a rece~pt fa the piem;um of such renewal; and there ihall be ~o fue or windstam insurance plK~d on a~y of said buildi~ps, any intereit tAerein w part thereof, ~nleu in the fwm and with the loss payable ai afores~id; snd in tF+e event any sum oi money becomes payabls undsr such poliq w policiss said MORTGAGEE shall have tM opt~on to ~eceive and apply the same on accoun! of the Fndebted- ntu setwsd hereby p to permit said MORTGAGORS to receive ~r+d us~ it or any part thereof for othcr p~rposef, without ~h~reb~ waivi~y or ~mpair- Ir?p ~ny puity, lien a~iqht under or by virtw of this mor:ya9e; ~nd i~ Ihe eve~+t wid MORTGAGORS shall fa any reason fail to keep the uid premises w insu?ed, or fsil to dciiva promptly a~y af said policies of insu~ance to sa;d MORTGAGFE, a fait promptly to pay fully any premium therefw w in any respect fail tp pNiorn4, discMrpe, execute, eftect, tomplete, comply with a~+d abide by this covenaot, or any pa~t he?eof, said MORTGAGEE may place and pay fo~ autF~ i~auranq a ~ny part thtreof without waivinp or affecting any option, lien, equ~ty, or right ~nder or by virtus of this Mwtgags, and the full amount of tach u~d ewry ivch payment shall be immed~ately dve and payable and shall bear interest irom tM date Ihereof until paid at the rate ol nine per ceotum psr annum and fo~ethH with such inte~est shatl be secvred by tM lien of th.s mwtgsge. 4. To ptrmit, oomn?it or wffet no waste, impairment p deterioration of said proptrry or any part thareo(. r , 5. Io p~y al) snd singular the coab, charges and expenses, inciudiry~ a ressonabte atromey's fee and cosr: of abstractt of title, incu??ed w paid et ~ sny time by said MORTGAGEE, beca~se or in the event of the failure on 1he part of the taid MORTGAGOR to duly, prampNy and f~liy perform, d~uharge, ~ execvte, effect, cpnptete, comply with and ab~de by each and every the stipulations, agreements, conditions, and covenanes oi sa~d promisswy note and thii ; ^'a~9+~e ~^Y « e~~~+er. u+d sa~d msts. ch+r9ca a~ expenses, cach and every, shali be immediately due and payable; whether w not there be notice dc { mand, anempt to tol;ett p wit pending; snd the full amount of each and every such paymem shall bea. intercst f~om the date therepf unti~ paid ~t the f rate of nirte per eentvm per annum; and alf said cosfs, charges and expenses inturred w paid, together w.th suth interest, ~hall be secured by 1hs lim of thii ~ ^+ortpsy~- 6. Thst (a) in tbe eveM of any breach of this Mortgage o~ default o~ the pa~t of the MORTGAGpR, w(b) ;n the event any of aa~d tums of money herein referred ro be not promp~ly and fully paid withi~ thirry (30) days next after ~he same severatiy become d~e and payabfe, without demartd or ratice, ; or in the event each ~nd every the sfipulations, agreements, conditions and covenants of u~d promisso~y note and this mortgage any w either a~e not ~vly. promptly ar?d fully performed. discharged. executed. effected, completed. complied with and abided by, then in either or a~y such evem ths said ag gragah svm mcntaned in said promisswy note theo remaining unpaid. with interest accrued, and atl moneys secured hereby, shall become due and pay- ' sble forthwith, or thereaftd, st the option of said MORTGAGEE, as fully and completely as ii all of the said sums of money were aiginally stipulated ~ to be paid on such day, anything in said promiuory note or in this Mortgage to the contrary rwtwithstanding; and therevpon w thereafte~ at the option of said MpRTGAGEE, without notite w demand, suit at law w in equity, therefwe or thereaiter begun, may be prosecWed ~s if all rno~eys setured hereby had matured pr~or to its institution. 7. Tha1 in the event that at the begi~ning of w at any time pending any wit upo~ this Mwtgage, or to forectose it, or to reform it, or ta enforc~ payment of sny daims heieunder, said MORTGAGEE shafl apply ro the Court having jurisdKtio~ thereof for the appo~ntment of a Receiver, tuch Court shall fwthwith appoint a receiver of said mwfgaged prooe~ty all and singular, includ~ng all and singular the income, profits, iuues and revenues from whatever wurte derived, each and every of which, it bting expressly understood, is hereby mortgaged as if spec~ficaUy set forlh and described in tlx g.anting and habendum clauses !+e?eof. and such Receiver shall have all the broad and effective func~~ons and powers in anywiu entrusted by a Courf to s Receiver, and such sppantment :hall be made by such Court as an ad:nitted eq~ity and a matter of absotute right to said MORTGAGEE, and wirhout reference to the edequacy w insdeqwcy of the value of the property mwtgaged or to the soivency w insotvency o( said MORTGAGOR a the defendann, and that such ; rems, profin, income, iuues snd revenues shall be applied by suth Receiver ao~ording to the (ien or equity of said MORTGAGEE and the practite of such ~ Co~tt' 1 8. To duly, promptly and fully perfwm, diuharge, exetute, effect, complete, comply with and abide by eath and evtry the stipulatiwu, agreements, s conditions and cwen~nts in sacd p?omissory note and this mortgage set fwth. 1 ! 9. Thst in the event the ownership of the mortgaged premises, or any part thereaf, becomes vested in a penon other than tfx MORTGAGOR, the f NtORTGAGfE, in successors and assgns, may, withovt ra?ice to the MORTGAOR, deal witi~ such suctessor or sutceasor in inte~est with reference to thia mwtgage +nd the deb~ hereby setured in the same manner as with Mortgagor without in any way vit;ating or discharging the Nbrtgsgors' liability here- under u upon the debt hereby secured. No sak of the Fremises hereby mwigaged and no (orixarance on the part of the /~IURTGAGEf or its sutcessors or ~uigrq and no extension of the time fo~ the payment of the deb~ he'reby secured given by the MORTGAGEE w its successors or auigns, shall operate to release, d:uharge, nadify chartge q affect the originaf liability of ~he MpRTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of tF~e essence of this contract and that no waiver of any obligation hereunder or of the ob)ig;t`-ion se. cu?sd hereby shall any time thereafter be beld to be a waiver of the terms hereof p of the instrumero setured horby. ~ In add~tion to the fwego:ng monthly paymants of-pTirr~pal and interest required by the prom~ssory note secu y, and agrees o: tgagee with each montF~ly payment an addirional sum estimated by mwtgagee to be equal of the annual cost of tF~e fo(low- iny_ • A-411 real properry taxes levied or assessed agai~st cribed reat es . ' B-Premiums on fire and windstorm insurance as herein requ~red to ne ovements sitvate on the above described premises. C-Premiums on such mwtgage g~aranty insurar,te agee sha11 from t~me to time deem fit the loan secured hereby. Nbngagee shall from time to time ' ortgagor in writing of the amount due and payab~e hereunder artd such sum ie~eupon be dve snd payable on the due date of t monthly payment and each successive month thereafter until mortgagee shap notify mortgagor o a e m such amount. Such sums applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty ins e prcrni ~ . ~ IN WITNESS JVHEREOF, the said MORTGAGOR has herevnto xt his hand and seal the day and year first aioresaid. Sg Sealed and delive in the prescnce of: ~ 1! . ~ an . ~ (Sea4 Sea!? ~Sea~ STATE OF FLORIDA 1 ~ COUNTY Of S t. L~ 1]G + e i ~ d~fae me personally appeared Rav L. Fisher a~ Bdil~ L. • IT1821@Y h~s w~fe, to me well known and known to me to be the individvais desu~bed in ~od who executed the fuegang instrument, and ackrwwledped before me that they executed ihe sarrK fa the pu?pcues rherein sxp.essed. Md rhe se:a Rdn~a 1_ _ tt i char W+r. of rti, ,,;d Ray L. Fisher ~pon s seQa~ate and privat~ examinst~on by me taken sepsrale and apart f?om her said husband, ackrawledged to a~d befo~e me that she execvted ssid instrumeM 4reety end wluir ra~ily and witlwut al~~ m~apHlsion, constraint, apprehens~on, or fear of or irom her said husband. WITNESS mY hind~s~d d~tc~~l seal rhi: 1St day of ~tCb A. D. 19_~. . $ : - , ~ ~ : - , ~ Notary Publit in a fw the Stste of Florid~ at tarps ' Return Ta ~ N1Y Comm~ssa~ expires: Fint itdtts! $jvingi i lo+n ~1ssoQTation. ".ii? Tt~•~~ ~ ~1i1~ ~II~K. SUt! Of F{Of1di n(~ ~ Of~fo~t P~erce.. • ',i: ' ~ ~0~1Kfi011 EsplfEt $lpl. 23. 1469 ~ fort P~ce. Flaida • r~ 1. L~ MIN b Aaw.ww fiw a 4s.dW Ce_ , . ~~L- ~•'•.,,~~v• - . , • . i.IJ • . This Instrument Prepared Bx _ . ~ First Federol Savings b Loan Asspc~atWr~«,'. - L~}~}nT . of fort Pierce i~t~RK ~~':LL' ~ ; ~ E ch~k~ B,? 1'7'Si?5~7" a~ i 76 r~G: 49 - ~f ~ y ~ - - ~.~..r'_. . Y5~£z"s,._m-~x.~ . - . . ~ . - `.~i?i~~aas