The URL can be used to link to this page

Home My WebLink About2944 ` J • `~.J ~ ~ . t Z. To plaq ~nd cootinuousiy keep on tM buildinps now w F+ereaftK ~ituet~ on said lu~d and on ~II eqvipment u~d p~no~slly covered by this mort~ ~p~, with atl premiw~ ~hercon ps~d in fuil. fi~e k+svr~nce i~ ths uiwl ttands~d policy form, in a sum ~pprowd by the MORiGAGEE, and windstam inswanc~ in ths vs~+l ~undard policy torm, in + sum approved by tM MORTGAGEE. in wch comp~ny w canp+~~es u tM MORTGAGEE may diroctj ~nd all fir~ and winditorm inwrance polkies a+ ~ny of seid b~iWinps, any inten~t ther~in w part tl~eraof, in IM +~repat~ wm afor~ssid o~ In ~xtea therwi. thall ca+tsin the uswl sland~rd morlga~t~ clwss o~ such other clause as Ih~ Mortyapee may ~equin. makfnp Ihe loss under wid pO~i~ cie~, each and every. paYabk to ssid MORTGAGEE u its iotereit may appea~. s~d each and every such policy ihall b~ promptly au:~ncd +nd delivered to ~ny h~W by iaid MORiGAGEE ~s further security lo iaid mortyape debt, and. ~+ot leu tMn ten (10) days in advarxe o( tM expir~tion of sach potity, to d~- IivN to said MORiGAGEE a re~ewal thereof, topethsr with s receipt iw the premium of ~uch renewal; and ther~ shall bs no f'ae or windstam intur~nte plac~d an ~~y of said buildings, sny interest therein w part thereof, v~leu i~ the fum enrl wi~h tM lou pavable as aforesaidt u+d in tFw eveM ~ny tum of nwnty becanes payable und~? such policy a policies said MORTGAGEE ~hall havs the option 1o receive and apply tM same on accounl of tM i~xJebted~ neu tKVrtd hsreby o~ a permit said MORTGAGORS to receiw and u~ it or any part fhereof for othcr purposes. without thereb~ waiving o~ ~mpair- inp any eq~iry, lie~ or ~iph1 unikr or by v'utw of this mwspa9e: ~nd i~ tM wenl wid MORTGAGORS shall iw any reason fail fo keep the said premises so ins~red, a fail fo deliva promptly any of said policies of ini~ratxe to said MORTGAGEE, w fail promptly to pay fully aoy premium tFKrefor w i~ a~y respecl fail fo pKtwm, dixha~ge, execute, e((ect, complefe, comply wi~h ~nd abide by this covenant, a any part hereof, said MORTGAGEE m+y p~+ce +~d pay fa such inw~ante or any part thereof witla~t wsivinp or affeclirg any option, Iien, equity, a rght unde? w by virtw oi Ihis Mortgspe, and the full amo~nl of sach and every such payment shall be immediately d~e +nd payable and shall bear interes~ from the date thereof until paid at tM rab ol nine px centum per annum and to~ether with such interest sha{I be secu~ed by the 1'~en of this mortgage. 1. To permit, commit or suffer oo wsste, anpairment w deteriwation of said property or any parf thereof. 5. To pay sll and singula: ths cosb, ch+rges snd expenses, including a reasonable attwney's fee and costs of abstracts of title, incurred w paid at eny time by said AhORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, p~omptly u+d fvlly perfam, dixhargR execute, effect, complete, comply with and ab:de by each and every the stipulations, agre~ments, conditions, and covenann of said promiuwy note and this mortyage any a either, and said costs, chargei and expenses, each and every, shall be immediatety due and payable; whctlxr a not there be notice da mand, attempt to colkct or wit pending; and the full amo~~t of sach and every such payment shall be+r inte~est from ~he dats thereof until p~id ~t the rate of nine per centum per annum; and alt said tosn, tharges and expenses incvrred w paid, togelhet with suth interest, shall be setured by ihe lie~ of thi~ mortp~gt• f b. ihat (a) i~ the event of any breach of this Mortgage o~ default on the part of the MORTGAGOR, or (b) in the event sny of sald wms of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severolly become due and payable, without dtmand o? notite, or in the event each and every Ihe stipulations, sgreements, conditions a~d covenants of sa~d promiuory note and th~s rr.ortgage any o? either are oot ~uly, promptly and fully perfwrt~ed, d~scharged, executed, effecfed, com~leted, complied with and abided by, then in either or any such event ths said a¢ gregate wm mentioned in said promiuory note then remaining unpaid, with iMerest accrued, and all moneys setured hereby, shall become due a~nd pay- abte fwthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as ii all of the sa3d sums of money were wginally supulated to be paid on such dsy, anything in uid promiuory note a in this Mortgage to the contrary notwithstanding; and thereupon or therea(ter at the option of said MORIGAGEE, without r+otice w demand, suit at !aw or in equity, therefore or thereafter begu~, may be proxcuted as if all mo~eys secured hereby had mawred priw to its institWior?. 7. Thaf in the event that at the beginning of or at any time pendi~g any wit vpon this Mortgage, or to faeclose it, or to refo?m it, w to enfores payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdidion the~eof fw the appo~ntment of a Receiver, such Court shal) Forthwith appoint a receiver of said mafgaged property all and singular, irxlvd~~g all and singular the income, {uof~ts, iuues and reve~ues from whateve~ source derived, each and every of which, it being expressly understood, is hereby mor?gnged as if specifically ut forth a~d described in the graming and habendum cla~xs hereof, and avch Receiver shall have all the b~oad and effettive furtct~ons and powers in anywise entruated by a Cour/ to s Reteiver, and :uch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, snd withouf reference to the adequacy a inadeqvaty of the value of the prope~ty mortgaged or to the w~vency w insolvency of sa7d MORTGAGOR w the defendann, and that such renrs, profits, incwra, issues and revenves shall be applied by such Receive~ atcording to the lien or equity oi sa~d MORTGAGEE and Ihe prattice of suth Court. 8. To duly, promptly and tully perform, dixharge, execute, effecL complete, comply with and abide by each and every the stipulalions, agreements, conditions and covenaros ~n said promiuory nOte and tha mort3age set fwth. 9. That in the eveM the ownerahip of the mwtgaged p?emises, or any part thereof, becomes vested in a person othe~ fhan the MORTGAGOR, the MORTGAGEE, its succeuors and auigns, may, without notice to the MORTGAOR, deal with svch successor w successor in interest with reference to this mortgage and the debt hereby secured i~ the same manner as w+fh Mortgagw withovt in any way vitiati~g or dixharging the Mortgagors' liability hero- unde+ or ~pon the debt hereby secured. No sale of the Fremises hereby mortgaged and no fwbearance on ~he part of the MORTGAGEE w its successws or auigr~t and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its successors or auigns, shall operate to release, discharge, modify change or affect the wiginal liability of the MORTGAGOR herein, either in whole or in psrt. 10. It is specifically agreed that time is of the esscnce of this contract and that no waiver of any obligat~on hereunder or of the obligatan se- cured hereby shsll at any time thereaher be held to be s waiver of the terms hereof w of the instrument secured herby. ~ add~tio~ to the forego:ng monthly payments of princ'pal and interest required by the promissory no!e secured hereby, mortgagor covenants and agrees to pay urf with each monthly payrnent an addirional sum estimated by mortgagee to be equal ro 1/12 of the annual c w- ing: A-Alt real property taxes kvied or assessed against t cribed real estate. • B-Premiums on fire and windstorm ins~rance as herein requ~red to improveme~ts sit~ate on the above described premises. C-Premiums on such mortgage guaranty insurar gagee shall from time to time e rr on the loan secured hereby. Mortgagee shall from time to ~ ~ y mortgagor in writing of the amount due and payab~e hereunder a su hall thereup be due and Fayable on the due da e next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgago nge in wch 4 amount. shail be apptied by mortgagee Ioward 1he payment of real property taxes, insurance prem:ums, and mortga gu nty rante ~ r . i IN NE55 WFiER"cOf, t sa~RTGAGOR has hereunto set his hand and seal the day ye ~r forr.,aid. t i Sealed and ~ theFr r , / q C an ~ n •n STATE OF fLORIDA ~ ITDIAN RIVBR couNn oF Before me penonally appaared C8r1 WdymC Remllrig e~ Cidl'a B. Ren~ling his wife, to me well known and known to me to be the individwb described in and who executed the fore9oing instr~ment, and atknowledged before me that they executed the same fw the purposes Cla?ra B. rherein expressed. And the said Renl n9 `w,.:.!~~~j~~ wifa of the said ~2 Wayne Renling ;ep~ a~yg ~nd priv~te e:aminaYron by me taken separate and apart {ror~-t~-ssid husband, ackrawled9ed to and before me that she exec~ted-" i{l•iliitrurilli~~freefti ~nd volun- tarily and without any compulsion, constrbint, apprehensio~ fear of w from her ssid husband. ~ v~ 1 ~~:`Y WITNESS my hsnd and official seal thi day of =i1 A.~~.~-19 69 ~ ~ Z y ~ FtLED AND Notary Public in and ior f~~ pf.F at~arys ~ RECOROED My e~m~u~ e~.~::, c:~ p; r : , ; ~ Retum ta C 4UNTY. FLA. r~, ~ F~Rr Federal Ssvings a~~ nu«~a~~«, ST. ~ p R~ ` J. E ~ I ~ 1 ~ D ~ r ~~R ~ i+~ e,~,•' Of Fort P~erce. c ~iry Sw~ ~ Fort Pierce. Flotida 1~~V ~~IIIISSIW~ ~!~p~+ 5• t:: ~ ~69 APR 2 3 W'f 1 y - ~°'Md b ~..~~w Ew ~ JCas+~ ~ . ; ~ 7 ~ ment Pre red B ~ ~ ~ This Instru pa y First Federal Savings 8 loan Association EiO::C~ ~'~~jR~"S ; ~ ~ of Fort Pierce CLERK ~IRCUIT COURT. Checked By John W. Collins i BOOK1 PACE~i741, :--,T ~~r~ ~ - . _ . £ : _ ' ~ > -f ~ - ~ ~ ~ : ' ~ . _ _