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Home My WebLink About2712 J a. To plau and continuovsy k~ep on tM buUdinps rww w F~saft~? wtuat~ on ~aid I~nd and on all p~ipm~ot ~nd p~na?ally covaed by tht~ nw~r~ S +p~,, with atl pr~mivms tAe.eon p~id in ful1. fin inswanc~ in tM uswl furdud policy form, 1n ~ wm ~pprov~d by tM MORTGAGEE, and wi~torm ~ tnswanc~ in tM uswl au~dard policy fwm, in a swn approv~d by ~M MORTGAGEE, in wch company w companies q tM MORTGACsEE may ! dir~ctt +nd all 8ri and wiedswrm inswax~ polici~s on ~ny ot s~id buildi~, irly I~1~lt~lt iFlNflll W p~H tAMWf, In tM ~yyrey+a s~m ~for~sald a ~ !n ~xue~s th~nof, sAall contaln ths wwl standud ma~ya~ cl~uK a such ahu clius~ u tM 1Nort~~yN may ~equu~. m~kU+p tM lou undK said po1F c(a. ~ach ~nd ~very, payabl~ b s+id MORTGAGEE a iq intere~t may ~pp~a~, ~e~d each ant! ~very s~ch policy shatl b~ ptomptly ~ss:yned s~d d~livertd to ~ny MW by s~id MORiGAGEf as further sec~rity to s+id matQsy~ d~bt, u?d, no~ I~ss ~Mn tM (10) days ie advanc~ of ths expiratwn of each policy. ro de IivN ro s~id MORTGAGEE ~ renewsl thenof, fopNht~ with ~ raceipt fo? the ptemiwn of such ~enewal; and lhere shall bs no fire w windslorm tnwranc~ plaosd on ~ny of said b~rildirg~, ~ny inrerest thK~~n a~ put tMreof, vnleu tn th~ form and wi~h th~ loss payabb ss afwes~ids a~d io tM avMt any twn of mon~y becorn~s payabl~ u~de~ wd+ poliq a polici~s saW MORTGAGEE ahall haw th~ option to receive +nd ~pply the s~m~ on accou~t of tAs ind~bted~ nsss iscured I~~by or to parmil s~id MORTGAGORS to reaiw ~nd vw M w any part ~hereof for othc~ purposes. w~rhout thrreb~ waivi~~ a impair- tny any pui~~, IiM Of ~i~hf WIdN p by Vlrfyf OI IAii mOtlQ~~s u~d in tM ~vent asid MORTGAGORS ihall fw any reaso~ isil to keep the said premiu~ so insured, u fail b dNiver promptly ~ny of s~id policiq of insur~ncs fo s~id MORTGAGEE, or faii promptly to pay f~tiy at?y premium therefw or in any respset fail w pKfonn, discharq~, execut~,.~ff~et, camplete. canply wirh and abide by thii tovena~t, w~ny pa.t hereof, said MORTGAGEE m+y plm and ~ pay for s~ch inwranc~ ot ~e?y part 1Mreof without w~ivinp w aif~ctLp any option, li~n, equity, w ryht unde? w by virtw of this Matqap~, and the full anauot of ~ach and ~v~ry svch payment sh~ll be immadi~tely dw and payabk ~nd shall bea~ interest irom tM d~tf thereof unril paid ~t tM ~at~ of nins per centum p~? annum and topethc. wirh wcF~ k?terest shall k» secvred by tM lien of this mat~~pe. - { ~ 4. To psrmit, oommit a wffar no wute, knpai~ment o~ deterior~~an of said properry or aey p~N theraof. ; S. To pay all aod stnpular ths costs, dwrpes ~nd expenses, includinp a n~sonable ~ttorn~y's fe~ ud costs of abstracts of titl~, incwred w paid ~1 any time by s~id MORTGAGEE, becavse or in the ~wnt of the fsiluro a+ the put of tM tald MORTGAGOR eo duty, promptly a+d fully pt~for?n, d~schup~ execute. effsct. complet~ cw»ply with and abId~ by ~ach and every the stipulario~?s. sgreements, conditio~s, and cove~ants of said p?omissory ~ote and thN mwtyape ~~y o~ e~ther. and ta;d cosq. dwr9es and expeinses, each ~nd everyr, shall bs immedi~tely due snd p~yabte; whether or not thcr~ b~ notice ds mand. +ttempt to coltect w wit pa+diny; and the full amount of each snd eveiy s~rch payment shall bear iMerett from the dats thereof until p~id at the rate of nine pcr centum per a~u.wn; and all said cosnt, char~es and expenses incwred w p~id, togethe? with wth intaest, sl?all be sscured by tM lieo of thw mortps~. b. That (a) in ths avent of any breach of this Mwtyay~ o? defauft on tM part of the AAORTGAGOR, or (b) in ths svent a~y of sa~d sw~u of maNy herein referred to be not promprly ~nd f~rlly paid within thirty (30) days nexl after 1he iame severally become dve and payabte, withou~ demand a notice, or (c~ in ths event each snd every the stipulatio~s, sgr~em~nts, cond;tions and coveMnq of sa:d promiuory no~e and th~s mortgay~ any o~ titAer ars ral iufy, promptly and fvlty pe?famsd. d7xharged, executed, ~ffected, completed, complied wi~h ~nd abided by, then in ei~her or ~~y wch ~vem tM s~id a~ gregatt wm menYaned in said promissory note ther? remsiniag unpaid. wi~h iNerest accrued, and all mo~neya set~rred hereby. shall become dw ~nd p~y- able fathwith, o~ thsreafter, ~t the option of said MOR:GAGff, as fvlly snd comptetely as Ff a!I of the said sums of money were or;yinally stipulated to be paid on such day, anything in ssid promiuory note o~ in thia Mutgage to the contriry ~otw;thstanding; and thereupon or tFxreafter a1 the opYwn of said MORTGAGEE. withovt raY~ce or demand, wit at law or in equity, thereforo or thereafte? begun, msy be prosecuted u if all moneys secured I+aeby had matured prw~ to iri irulitvtion 7. TMt in the event that at the beginnin9 of or ~t any time pending ~ny suit ~pon this Mwtgage, w ro fweclose it, or to refwm i1, p tp Mf0?p payment of aey claims hereundcr, ssid MORTGACaEE s1~a~l apply to the Cov?t having jurisdiction thereof fw the sppointment of • Receiver, such Court shall forrhwith appoint a receiver of uid mptgaged prooerty all snd siryulu, includ~ng all and singular ~he intome, profits, issues a~+d revenues trom whatwer source derived, each and every of whicA, H be~rg expressty undersrood. is hereby mortgaged as if specificalty set fath and destribed in the ~~antinp and habendum dauses hereof, and such Receiver shalt h~ve atl the broad end eftective funct~ons and powe~s ia anywise mtrusted by s Court to ~ Receiver, ~nd such appointment shalt be made by such Court u an admitted equity aad s matte? of absolute right to said MORTGAGEE, ~nd without referente ro ths adequacy w inadequacy of the value of the propcrty mwtgs~ed or to the soNency or insolvency of said MORTGAGOR w the defrndants, and ~hat such re~~s,~. profin, income, iui?es aad revcnues sh~ll be applied by such Receiver according to ths lien or equity of iaid MORTGAGEE and the pr~ctics of avch 8. To doy, promptly snd f~lly perfwm, dschergc, execute, effect, complete, comply with snd abide by esch and avery tt?e stiputations, agreemenls. CD~flpflf afld COVO(IAf1/f in said promiuory note and thts morfgags set fonh - 9. Iha1 In the event the ownenhip of the mortga~ed premqes, w any part thereof, becomes vested in ~ person other than ihe MORTGAGpR, th~ MORTGAGEE, its successors and assigns, rrwy, without notice to the MORTGAOR, deal with such successo? or successor in interest with reference to this mortg~pe and the debt Ixreby secured in the same man~et ss with Mortgago~ without in any way vitiating p discharging the Mortgsgors' liability her~- under or upon the debt hereby secu~ed. No s~le oi the premius Aereby mortgaged and ~no forbcarance on the part of the MORTGAGEE or itt successon or auigns and no extension of the time for the payment of the debt hereby secured yiven by the AAORTGAGEf or its successors w assigrq, ~hall operat~ ro rekase. dixMrya, modify change a affect the wiginal liability of the NIORTGAGOR herein, either in whole w in part. ' 10. It is specifically agreed fhat time is of the euence of this ta?rract and that ~o waiver of any obligaYan h~reunder or of ths obligation te- cured hereby shall at any time thereafter be heW ro be a waiver of the terms hereof or of the instrument secured herby. 1 In additia~ to the forego:ng monthly payments of princ"psl and interest required by the promiswry nore secured hereby, rtwrtgagor o any and ag~ees rt sgee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the an t e follow- ing: ~ A-All real property taxes kvied or aues . bove described rea) estate. ~ 8-Premiums on fire and windstorm inswance as herein reqv~red to ~mpioveme~ri sit~ate on ti~e above described premises. C-Paemiums an sutb mortgage g~aranty insurarKe as mort rom time to t~me carry on the loan secured he~eby. Mortgagee shall from time to time noti r in writirg of tlx amount due and payable hereu~der a ha11 thereupon be due and Fayable on the dve date of t t ly payment and eacR sutcessive rtwnth thtreaffer urtil mortgagee shall notify mortgagw o in such amounl. Such . applied by mwtgagee toward the paymeM of real property taxes, inswance prem:ums, and mortgage g~?aranfy inwrance IN WITNE55 WNEREOF, the said MOR AGOR has hereunto set his hand and sea! the day and ea fi~st aforesaid. 5'yned !ed sn live e u~ presente of: ~ ~ ~ ~ a~ n rc__~ STA1E OF FIORIDA ~ cou+vnr of St. Lucie ~fpe ~ ~i , K ing David Cobb ~ w.+on+ y aaa.ed ,nd Reatha Cobb his wife, to me weli known and known to me to b~ ~Me individwb descr+bed in and who ~xccured the fora9anp instrument, ~nd acknowledged before me tMt they execvted the ssme fw ths pwposes . rherein txpressed. And rht s,~d Reatha Cobb w;re o~ ,h. „~d Kin4 David Cobb exsminara~ by me laken separate a~d apsn trom her sald husband, ~dcrqwl upon a sepuate,nd privab ~dyed W~nd beforo me that she executed said inswment fr~Yy and volw? rarily and wifho~t ~ny compvlsion, tonstrai~t, appnt~e~+slorL or f~x of w from her wid Iwiband. r ~ WITNESS my hand ~nd offici~l stal tF~ ~ 9 i ~y ~ ~ p: ~i69 .T r RECOROED- r~w~ry P~wK .~a to. rhe st,r. of plp~:~+'~ry. i Retwn Ta. N?Y ~;ssion expires: ` cj: ~ FIlEO AND . _ 3.,!J,/ . • F~t f~..~ s.~~, a~~, w..«~.,~T, LUC~ E C C U N T Y. FLA. ~uU111Y r11i U C. =TA?E OF flGt10A ~T . c~~'. Of fort P~erce. ;:c ~:~a~} ~ ~!~E~ MY COlIMA1SS10N EXPIRES DEC. 3. 1 1; - . 1 /ONO[D iMRONiII RRED 11/. DltsTiCM iott Pierte. Flo?ida ' `•'i I I • 20 , K~ ~J ` ~ '69 APR Z ~ a,?~ ~ ' ~ ~ : ~ . ; f,E. r ; This Instrument Prepared By . First Federol Savings b loan Associati p~T R:.S j f~ of Fo~t Pierce ~ f~ . . ' ' CLERK CtRCU1T COURT ~ Checked By ~ocK176 pA~E2709 ~ ~ c f ~ ` ~ ~ _ x..~~.~ .