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Home My WebLink About0128 . • ~ ~ To ptaa ~nd continvo~ily kNp on fM buildiny~ now w MrNft~r sitv+u on faid land a~?d on all equiprewnt ~nd p~rson~lly covtnd by this mplg ~ p~, with all pr~miums tMreon ps~d io full, fir~ in~urana in tM uswl standa~d poticy fam, k? • sum approwd by IM MORTGItGEE, end windsrorm ~ insw~ in tM ~nwl ~1u~dud policy fam, in • wm approved by tM MORTC,AGFE, in wch tompany or ton~Mip as tl» MORTGA(3EE n»y dtrM~ and all fw~ ~nd wind~arm inwranoe policiss on ~ny of ~eid build~nys, any tnter~st thtr~in a part therwf, in IFw ~pyre9+t~ svm afonsaid or In ~xctts tAsreof, ~hall contain ~hs vswl sbnda~d mortga~ee tlwse or such otha clause u ths Mortpa~e m~y reqv'u~. m~kinp th~ last undM aid pol} ci~s. ~ach ~~+al ~vtry?. p~YSbt~ ro faid MOATGAGFE a ih interes! maY appea~. ~nd eacA and eve~y tuch policy shatl b~ promptly ~ss:yned and dtliver~d to ~ny held by said 1NORiGAGEE u tunMe? setvrity to said mortpsq~ dcbt, and, ~ot ks~ ~h~n ten (10) days in advanc~ of ths expk~tan of tach policy. to dr liver fo ~aid MpRTGAGEE a renew~l the~eof, top~thK with a ~aceipt fw fhs premium of such renewalt a~d 1her~ shall b~ ra f'us w windstam insur~nc~ pl~qd on ~r~y of qid bulldirgs,, any intereat the~ei~ or p~~t thereof, unleu in tha fwm and with tM lou p+yabM ~s afw~s~idJ snd in th~ ~wM ~m wm of n~on~y becpnq p~yabl~ wxk~ wch pc~{~y p policas ssid MORTGAGEE shall haw ths option fo receiva and appty ihe san+~ on iccounf of th~ indebted- ness tecurtd Aereby or b permit taid MORTGAGORS to nteive ind v~e it or any part thereof fw othcr p~rpoies, without tAareb/ wai~i~tg a impsir- 1np any ~qvity, li~n or ripht u~de~ or by virtva of this mo:tpa9e; and in tM ~v~nt uid MORTGAGORS ih+l1 ~w sny rwwn f~il ro keep the s~id premises so insurad, w fail to d~liver promptly any of saW policies o( insurarxe ro said A10RTGAGEE, or fai! p.om,ptly to pay fully sny premium the~efot or i~ any resp~et fail b p~rfor~, dischar9e, execute, ~ffect, complete, compty with snd sbids by this covenant, or sny psrt hereof, sa~J MORiGAGEE may place a~+d pay fa such inwranc~ a any put thereef withovt waivinp a sffectinp any option, lien, equ~ty, or right under or by virtw of rhis Mwtya~, and tht fuN amov~t of eath and swry sutA payment shall be immediately dw ~nd payable and shall bear interest from ths date tht~aof until paid at th~ rat~ oi nine per centum psr amum and fogether with iuch interest shsll be secured by ti+~ lien of th~i mort9age. 1. To p~rmit, oommit a suff~r no waste, impairmcnt or deterioratia? of said property or any psrt thcreof. S. To pay all and singvlar the coari, cMryes u~d expenses, i~clvding ~ reasonabte ettorney i tee snd wsts of s~stractt of titl~ incurred w paW at ~ sny time by ~aid MpRIGAGEE, becauss w in the eve~t of the failu~e on the part of the said MORTGAGOR to duly, promptly a~d fully perfonn, dixhuy~, execvte, ~ffect, cwnp{~M, comply with and abide by each and evcry the atipula~ions, agreements, conditions. ar+d mve~ants of said promitsory note and thw ~ morty~pe uyr o? ~ither, and said costs, chuqes and expensss. each and eveh, shal! bs immediately dve snd psyable; whetMr oa not tfiar~ b~ notice ds~ mar~d~, ~ttempt to collast o~ wit n~ingj s~d tM fvll ~mount of each and every such paymenl shall bear interest from the dste thereof until p~id at the ~ rate of nine pe? centum per annvm; and all said cos~s, charges and expe~ses iawrrsd or paid, togather w;th such intereat, shaU bt secv~sd by ths lise pf ihis mwtp+y~• . 6. Thaf (a) i~ the event of ~ny breach of this JNortgage o? defauit on the part of the MORTGAGOR, p(b~ io the !veM any of sawl wms of nan~y / herein ~eferred to bs not promptly a~d fully paid within thirty (30) days next aftar tlx same severally becwne dve and payaWe, without demaod a notice o~ (t~ i~ the eveM each and every the stipulations, sgrecrnents, conditions snd covenants of sa~d promiswry note a~d th~s mortyese ~ny a either ah no1 luly, promptly and fully performed, dlscharged. executed, eifected, compkted. compl'~ed with and abided ~iy. than in either or any svch ewnt the seid ap~ preyate wm mentioned in said promissory note then ~emain~ng unpaid, with intuest acuued, snd aU rnoneys secured hereby, shall becom~ due and p~y- abk forthwith, or there~fter, at the option of said MORTGAGEE, as !ully and completely ~s ii all of the said wms a; money were wg~naly st~p~ta~ed ~ to bs paid on wch day, anytliu+g i~ said prom~ssory note a in this Mortgage to ~he cantrary notwithatanding; and thereupw+ or thereaher at tM oprion of ~ ~aid MORTGAGEE, without ratice w demand, suit at law or in equity, therefore a thereafter begun, may be prosec~ted u iT all rrioneys secured hereby had marvred prior 1o in instirvrioe. 7. TMf in the eve~t thst at the beginning of or st a~y time pendiog any wit opon this Mortgsge, or to foreclose it, or to reform i~, p to enforos ~ payment of any daims herevnder, aaid MORTGAGEE shall spply to tFrc Court having jurisdittion thereof for the appointment of a Rectiver, sych Court shall Fwthwith ~ppoint s reteiver of said mwtgaged property all and si~gular, includ~ng all ar?d singulsr the income, p~oiits, awes snd revenues hom whateve~ source derived, e~ct+ and every of whKh, it bcinq expresaly unde.stood, a hereby mwtgaged u if specifically set fath and desoibed in the pr~ntirp and habendum dauset hereof, and such Receiver shall have all the b?osd and effective (unct~ons and powcrs in anywiae enirueted by a Court ro• Receive~, and such appointmeM shall be made by such Court as an admitted equity and a matter of absolute right ro aaid M(}RTGAGE'c, ~nd without reference ta ~ha adequacy p inadequacy of 1he vslue of the propery rreortgaged ur to the sotvency a insolvency pf said MORTGAGOR p the defendanri, snd that such s rents, profits, incwne, issues and reve~ues shall be applied by such Receiver sccording ro the tien w pvity of ssid MORTGAGEE and the practice of auch Court. 8. 7o duly, promptly and fuily perlwm, discharge, execute, effect, complete, comply with and abids by each a~d every th~ stipulatiotn, agreements, conditions and covenants in s~id promissory note and this mortgage set fortF?. 9. TMt in the event the ownersh~p of the mortgaged prem~ses, or any pan thereof, becomes vested ir? a person other than the MORTGAGOR, tln MORTGAGEE, its succeuws and auigns, may, w;rhovr notice to rhe MORTGAOR, dea! w;th such succeuw a successor in interest w~th refnence to this mortyiye and the debt hereby secured in the same manner as with Mortgsga withoW in a~y way vitiating p discharging the Mongagon' liability her~- unde? a ~pon the debt hereby secured. No ssle of the premises fiercby mortgaged and no forbearance on the part of the MORTGAGEE w its suocesson oi auigns snd no extension of ti~e time fa the paymeM of the debt hereby secured given by the MORTGAGEf or its successors p asi;pn~, ~hap op~~ate 1o releue, disch~rge, modify ch~nge or affcct tF~e original tiability of the MORTGAGOR herein, either in whok or in put. 10. It is specifical{y agreed that time is of the essence of this contract and that no waiver of any obtigation hereunder or of fhs oblig~tion sr cured Mrtby shal! at any rime thereafter bs held to be a waiver of the terms hereof or of the instrument secured herby. additioa to the forego:ng monthly payments of prin~ pal and interes~ required by the promiuory note secured here ' and ayrees to pay to each monthly payrnent an addirianal sum estimated by mort9agee to be o the annual cost of the follow- f ~ ~ A-All rea! p~operty taxes levied or asseszed agai~st the a estate. ~ B-Premiums on fire and windstorm insurance as herein to be tarr' ovemenri situate on the a6ove destribed premises. ~ i C-Premiums on such matgage guaran ' ~ce as mwtgagee shall from time to time deem e..c~y pf1 the loan securH! hereby. Mwtgagee shall from ti notify mortgagor in writing of the amount due and payable hereunder a~ch~ a!I thereuport be due and ' payable on the due e next monthly payment and each successive month tF~ereafter urtil mortgagee shaU ratify mortgagor ~ ; amo~nt. S ms shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, snd mortgage guaranty ~rtw ~nce ~ ~~+i s. IN WRNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day ar fin faesaid. ~ . . Se~ 'ver presence of: ` n . e~ _ ( 4 ~ n STATE OF ~I@i~lG~G? I~ICHIGAN ' ~ Wa~,~ ~ ~o~~ ~ b~fore ms pxson~lly appeared 2iehard J. Jolins and Janett !i. JOhriS ba wife, to me well known and known to me ro b~ the individwb dacribed in ~nd who executed the foregoirg instrument, and acknowledged before me that they executed the same fw. the p~xposes . therein e~essed. Md N~s sa~d Janett Ai. Johns ,~;fe of ,s~d Richard J. Johns. ~ ~ ~ examinsYan by r~e taken scpante and apart from her said hvsband, adcnowleJged to and befwe m¢ that she e:ecvted said 'ny~n„r~t~Wlyt yQ~?, tarity and withouf u~y compuiiion, constraint, sppre fear of or~Nom her said husband. M, r d. os Februar ;~'~~v~'.'.:..:` 1~~''S9 f WiTNESS m fw~d and official :eal thi y - . ~~1~.._~ . ~ . ~ •y ' ; " Notsry Publ'~c in nd fot tbs $tate: Ci/~ - Retvrn To: 1.l. ~ u:;j+ ~ Z~ l~ ~`~-na nMY Commission expires: /('a~ a{~j t~ ' ; ~inr F~den~ s,,, a l~n ~s:oc~at~on S i. LUC?E ~ V ilNT Y`` ~ i 11~~~.4 = o f P,~.t~. r, E C C~ 7~ v En~F:~~~ c~~"` v.._ Fqrt Pierte, Fbrida ~ n 1969MAR •~4 P111~'•~ . ~4'i!!IA~~ o~~to ~ Notary fu';~.c, cy,~e Coun , Mtii . .iVtich. ~ G ii t~i F' i~ i i r2 i;~~ 1'?'S31~y Comm:ss;on Fac~ires Jan. 17, 1970 This tnst~ument Prepared By CLERit Cft,CUi"t COUKT First Federal Savings b Loan Associafion ~ of Fort Pierce Chedced By J. Chastain aoo c~7~ ~ ~,~7 _ ; ~ . . ~ . . ~ y ; ~ ~ . ; - - - - - - - ~ ~ ` x~- ~~~~~~~~;~,~_._v _ . `