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Home My WebLink About2985 . i .~i `~fit.,~ • To plac~ and cadinvously ke~p oo tM buildinp~ oow a htr~~ft~r utwt~ on uW I~ad ~nd on sll eqvipmtnt ~od ptnonally covK~d by this nar?~ age, with all p.~mivms ~hereon paid in full, fir~ insuranct in tht uswl standard policy form, ie • fum approwd by the MORiGAGEE, and windtto~m tnswant~ In ths viwl stu~dud policy fam, in ~ wm approvtd by tM MORTGAGEE, in tuch comp~+y w canP+nies ~s ~1+~ MORTGACsEE nNy dinttt and sll fi~~ u?d windstorm insuru+p polki~s on ~ny of said build~nps, any ie?ter~sl therein or puf thertot, in tM apqre9at~ tum ~fwesald or in ~xcea thenof, iMll cont~in ~h~ ~wal ~tandud morty~g~e cl~ w iuch o~h~r <Iws~ as tM Mort9ayt~ may ~eqvire. rt?~kinp ths loss unda said po1F des, e~cF~ ~nd every. prYabl~ ro iaid MORTGAGEE u in inte~eil m~y appear. and ~+ch u?d ~vM such policy sMll t» promptly sss:yned and delivKed fo ~ny Mid by said MORiGAGEE as furtha securt!; ~o said matpa~ debt. u+d. ~wt lest th~n te~ (10) days in ~dva~+ce of tM expk~tan of each policy. ro dr liva to said MORTGAGEE a renewal thertof, topelhN with • roaipl fw thc premivm of suth renewal; and there shall be no f~re or winditwm insuru~ce pi~ad on ~ny of said buildings, any (ntereal tt+Kei~ o~ parl tl~akof, vnleu in tFr fwm and with th~ bu p~ysbls at ~foressWt and i~ th~ ~vMt sny wm of mo++~y becomes pay+bts w?da wcA Po~kY o? Policws s+id MORTGAGEE shall hive ths oprion to receive and spply ths sun~ on eccoum oi tM tndsbted~ neu setured hsteby w ro permit said MORTGAGORS fo ~eteiw u~d us~ it ot any part thereof iw other purposes, without thereb~ waivi~~p or ~mpair- iny any p~ity, lian w rght under or by virtw ~ this mort~ayes +~d ~ tM went said MORTGAGORS tFwll f~ any reason fail fo kesp ths said premiaes so insu~ed, p fail to deliver promptly any of said polici~s of inw~ancs to s+id MORTGAGEE, or fail promptly to pay fully a~y p*emium therefor w in any respM fail to pNiorm, diidwrge, execute, pfiect, completo, comply with a~d abid~ by this cove~ant, or ~~y part hereof, said MORTGAGEE may plsce and pay fa such tnwrano~ w any p+rf theraof witho~t wsivinp or sffectinp any option, lien, puity, ar right vnder o~ by vi~tw of this Matpspe, and 1M full ama?nt of ~ach u+d ~v~ry such paym~n~ slw~~ be ierunedl+tely due snd payabls ~~d shall beu interest from ths date thereof vntil p~id at th~ rat~ ol ni:ie per centum pet annum and together with such interest sMtl be secured by 1M lis~ of this mortqaye. 4. To p~rmlt, commit w wffa no waste, imp~irment w deteraratiun of said property or ~~y p+?t thereof. 5. To pay all ~nd sinpuls? the costs, chsr~ts snd expK?ses includirg • reasonabk ~ttwney s fee and co~ts of ab~tracts of title, incvned a psid ~t any tune by said MORTGAGfE, becauss or in the ~vtnt of the failwe on the part of the said MORTGACs~R to duly, promptly ~nd fvlly perforrry disth~ry~ execute, effect, complsq, comply with ~nd ab:de by each and every the stipulations, agreeme~ts, conditia?s, +nd covenants of said promiuory oote u~d thu matpaye u~y w either. and said costs, charges sr.d expe~?ses. esch and every, sh+ll be immediately due and payable: whether w not there b~ noY~cs da msnd, +nempt to colleq a wit pendiny; and the full anwunt of exh and every wch payme~t shall bea. intercs~ from the dat~ tl+ereof until p~id at the rate of nine per tentum per arowm: and sll said msn, ch~rgts and expenses iatucred a paid, toge~her with tuch inltrest, sh~ll b~ setured by the lien of thif mottpp~. b. That (e) in the eveM of ~ny breach of thls Mwtyape or defa~lt on the paN of the MORTGAGOR, 'a (b) i~ the evcnt any of ssid tums of money herein referred to be not p?omptly and 'fLlly paid within thiry (30) days next afta the same uveraliy become dve snd payable, without demand w ~oY~ce, or (c) In the event each and every the stipulations, sgreemenri, conditions and coven+nts of sa~d promissory note ar?d th~s R.ortyage any w eithcr ar~ no1 iuly, p~omptly sod fully performed, discharged, execvted, ~ffected, completed, complied with and abiled by, then io either w aoy such event ths said a~ gregste wm mentaned i~ ssid promiuory note then remaining unpaid, with intcrest acuued, and atl moneys setured hereby, shall betwne due and pay- able fathwith, or thereafier, at tM opteon of wid MORTGAGEE, as fulty and compktely as if all of the said wms of money we~e wiginally stipvlated to be paid o~ such day, anything in said promiuory note or in tha Mortgsge to the conuary notwithstanding: ~nd tF?erevpon w thereaher at tM option of said 1NORTGAGEE, without notice or demand, suit at taw a in equity, therefore or thereafter begun, m:.y be prosecuted as if all moneys secured hareby had mat~red prior to iri institution. 7. That in the event that at the be9inning of or at any time pe~dirg sny suit vpon this AAwtgsge, w to faectose it, w to ~eform it, a to enforae payment of any daims he+evnder, said MORTGAGEE shall apply to the CouA having jurisdiction thereof for the eppointment of ~ Receiver, such Carrt shsll forthwitl~ ~ppoiM a receiver of said mortgaged properly all and singular, incl~d~ng all and singulu the i~tome, profits, iuues and revenues from whatever source derived, each and every of whKh, it nei~g expressly understood, is hereby mortgaged as if specifically xt fonh ~nd dewibed in the yranting aod habendum clavses hereof, arid such Receiver sh~ll have all the broad and effective fvnct~ons and powers in anywise entrusted by ~ Court to a Receiver, and such appointment shall be made by such Court as an admitted equity snd a matter of absolute righl ro said MORTGAGEE, ~nd without reference to ths adeq~acp a inadequacy of the value of the property mortgaged o? to the sotvency w insolvency of said MORiGAGOR or the defendants, and thaf such rents, profits, income, issues and reven~es shsll be applied by such Receiver sccording to the lien or equiry of said MORTGAGEE and the pradice of such Gourt. 8. To dvly, promptly ~nd fully perform, diuharge, exetute, effect, compkte, comply with and ~bide by each and every the stipulatiau, agreemenb, carxJitans and cove~ams in said promissory note and this mortgage xt fwth. ~ 9. That in the event the owncrship of ths mortgaged premises, or any part tl~eof, becanes vested in • person other tMn 1M MORTGAGOR, the MORTGAGEE, in successors snd suigns, may, without norice to the AM1ORTGAOR. deal with such svtceuw a svtctssor in iMerest with refcrente ?o this mortgsge and the debt hercby secvred in the same manner as with Mortgagw withovt in any way vitiating w dixhargi~g the MortysgoK' liability here- under w upon the deW hereby secured. No sa~e of the premises hereby mwtgsged snd no forbearance on the pan of tM MORTGAGEE w in suaesso?s o. au~gns and no extension of the time fw the paymeM. of the debt hereby secured given by tiro MOATGAGEf w its succeuors w ~u~gns, shall operate to release, discharge, nadify thange Or affect tF?e orguml liability of the MORTGAGOR herein, either in whole a in psrt. 10. It is specificatly agreed that Yxne is of the essence of this contrsct snd thai no wsiver of any obGgatan herevnder w of the obligation sr cvred hereby shall at ~ny time thereaher be held to be a waiver of the terms hc~eof w of the instrument securcd herby. 11.,1n_add~tion to the forego:ng monthly payments of print'pal and -interest required by the promiuory nole setured hereby, mortgagor covenants ~ a~d ayrees To pay to itw ach monthly payment an additionsl sum estimated by mortgsgee fo be eqval to 1 0 1 0 - f , ~~9: ~ A-All real property taxes levied or assessed against the a6ove descri i B-Premiums on fire and windstorm insurance as her ' ~ to be carried on the improvemen fhe above desvibed ptemises. ~ C-Premiums on such mortgage gua rance as mort9agee sha11 from teme to time deem fit to carry on the ~a ed hereby. ~ Mortgagee shall from ' time notify mortgagor in writing of the amount due and psyabk hereu~der and such wm shall ther due snd ~ payable on the due o the next monthly payment and each successive month thereafter urtil mortgagee sFwll notify mortgagor of a change in ~ amouM. ms shall be applied by mwtgagee toward the payment of real property taxes, insurance {xem:ums, . and mortgage guaranfy inwrance ~ '^s- IN WITNESS .WHEREOF, the said MORTGAGOR has hera?nto set his hand and seal the day and year first af esaid. ~ Si n, Sealed and elive ed in the p?esence of: a~ an ~ 's"'q ' i ~ STATE OF FLORIDA ~ $T. u~~ ~ COUNTY OF •nd Before me personally appesrcd G• B. Waltezs Allieee walters his wife, to me well known ar?d known w me to be the individwb described i~ and who executed the fwe9ang instrument, and adcnowledged befwe me that tMey executed the same for the purposes ~ fherein exP.~a. n~d r~ ~~d Alliece Walters wife of the said G. B. W~Itelf upon a sepir~te ~nd privat~ examinatan by me taken separate and apart from her ssid husbsnd, stknowledged to and before w~e that she executed said imtrument fteely ~nd volvrr ~ tarily and withovt ~ny compulsion, constnint, apprehemion, or ar of or from her said husband. A Y~l 69 WITNESS my hand snd official sesl th' day of p A 19 1 ~ , ~ # Notary Public in ~nd for the State of Fbrids d lupe ~ - • ,...~~su~~t:;'", My Corrrnission expires: 9-2 3-(p 9 Retwn Ta , ~w f~ ~i~ ~ AOlldi iR ~ : ~ fint Feder~l Savi 6 loan Association _ 1• ~ ` _ c„~, ' i ^s' F, Sept.2~ 96` Of fo?f Pierce. ~ - : ~ • ~ /~~,y flw ~ Ca~Yt Ce ~ Fo~t P~erce. Florida _ ~ . v _ ORDED : c r. FILED AND REC :J ~ OUNTY FI.A• _ ;~,iT.,; . . s'?.~~ ~E~ ~~~~~F'iFo _ This Instrument Prepared By ' -,f~~ -~i,..'~ . ~ C~ ~ . t- ~ r. First Federal Savings 8 Loan Association 1'~ . p~ 10' 32 of Fort Pierce _ ~ '69 A?R 24 . Checked By John W, Co2lina _ ~~LF_r~ s'u: ~ R~S =~r~,,~ ? - b R ~i CLERK CIRCUIT COURT 800K ~ I p PACf ~ i~ - ~ - _ ~ ~ - - : r . . _ - ~c ~i,y~.~ ~~K.~°.i~i`a.~~;_~