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Home My WebLink About0480 ~ ~ , Y 1c1 ~ Z. To piac+ ~nd continvo~sly kNp on tM buil~inps now a MrNftK ~itv~b on s.iid ~aed ~nd on all equipn»nt and pKwnaly covN~d by tl+is n+orlp~ •g~, with +~II pr~miw~ ~!?Nwn p+id in full. fin inwraix~ in th~ usuat iu~dard pnlicy fwm, in a sum approv~d by tM MORTGAGEE. aod wir~dsto~m irnww+c~ in tM vswl s~u~da.d policy fam, in a wn? approved by ~M 1NORTGAGEE, in wch canp+nv c+ compa~i~s +s tM MORTGAGEE m+y d'wctt a+d all fir~ a+d windsewm inwrano~ pdicNa on aoy of said buildin~, Mly IMHHt tlKttirl O? piH tIfO~WI, in th~ ap~rreg+t~ swn ~faKaid a In ~xc~ss tMnof, th~Il cont~in th~ uswl s~and+rd matp~ ctwst or wch aMr clawe as the Mortyaps~ may nqvu~. makinp tlr bss v~ ~afd pdF cies, each and ~wry. WYabl~ a sa~d MORiGAGEE as in iiuKat may ~pp~ar. ~nd eacA u~d ~wry such policy ~h~Il be p~omptly ass:pned a+d dtliwr~d to ae?y Mld by said MORTGAGEE as fvnhs~ secwity ro saW mort~~ debt. and, nw less than ten (10) dari in edvanc~ of the ~xpir~tion of pch policy. to dr liver to said MORTGAGEE ~ rsoewal tMnof, ~ops~Fw~ wi~h . roce~p~ tw rh. w«n~wn of wch rMewalJ aed ~he~~ sh~ll b~ no f'a~ w wiachtam inswanc~ pl~ud on ~ny of said buitd'ags. ~ny intenst th~re~n or part tM.aof. w+ksa In tM form ud wi~h tM loss p~yabl~ as atores~idt ~ tl+~ ewM ~n11 wm of moMy beoon+es payabl~ w+d~+ wch Pe~kY or PolicMS s+~d MORTGAGEE thall Mw the option ro receive and ~pply the sam~ on +ccount of tM lnd~bted- ness secur~d heteby p to permit said MORTGAGORS ro natiw and us~ N p~ny put theraof for other purposes, wi~hout Ihareb~ w~ivi~~ o~ impa'u- inp any puity, lian w~yht ur+de~ or by virtw of this rt?orl9ape: ~nd in tM ~wnt said MORTGAGORS ahall for sny re~ion fail ro kaep tM said pnmises w insured. or f~il b d~liver promptly any of said policies of inswant~ to said MORTGAGEE, w fail promptly to p+y fully any pn.nivm therefp or i~ a~~ resp~ct fait b pafwen, dixhH9e. ~zecutt, eff~ct. compl~t~. comply with ar?d abid~ by this cove~wnt, or any paA Iw~eof, said MORTGAGEE m~y pbo~ ~nd paY fw suth inw~anot w~ny part tMreof witho~t w~ivirg a sffectinp any opYan, lien, eqvity. o~ right unde~ w by virtw of this Matya~, ai+d tM full amo~ot of ~ach u~d tvery such payment shall b~ immediately dw s~+d yy+bl~ and shall bear intcrest irom tM date thsreof ~ntil paid at ths rah of ni~e per ceotum pa snnum and to3ether wilh tuch interest ihalf be secured by tM lito of this mortyape. . To ptrml4 commit or sufier no w+ste, impairma+t w deta~oration of said property or any part the~eof. 5. To pay sll ~nd sin~utar ths costs, charges and expenses, incl~rdinp ~ reawn~bk ~ttorney i fee and costs of abstracts of tid~, incvr?ed w psid ~t any time by ssid MORTGAGfE, bttause or in the ev~nt of 1M failuro on the part of th~ said MORTCsAGOR to duly, promptly ~nd fvlly paform, dixhuyR execute, eff~, compkt~, comply with and ab;de by eacfi u~d svery the st~pulat~o~s, agreert~eots, conditions, snd cove~ants of said promissory note a~d thw mortgaye any or ei~her. and said costs, chuges and eapenses, each and every. sMll be immediately due and payabte: whether w not the+e bt rwtice ds mand, anempt to colkct or wit pendirg; and ~he full amouM of each and-wery wch payment shall be~r interest irom the dat~ thercof untt{ paid at the rate of nine per ce~tum per amwm; and all said msn, thuges and expenses intv~red or paid, together with wth intetest, s1w1) b~ setured by th~ (ien o~ thi~ mortpap~• 6. That (a) i~ tht ~ve~?t of any breach of this Mwtyspe or defavlt on the part of the MORTGAGOR, or (b) in the event any oi sa~d svms of ma+ey herein refer~ed to be not p~omptly and fully paid within thirty (30) days next aftcr the same uverally become due snd payable, withoul demsnd a not~ce. or (d in the event each and every the stip~rlatioos, agreements, cond~tions and covenants of sa~d promiuory note ard th~s ~r.ortgsge any or either ~re nol iuly. promptly and fully performed. d~xharged, eaecuted. effected, completed, complied with and abided by, thsn in e3ther a any wch event tF~ said ag pregate wm mentaned in said promiuory ~ote then remsining unpeid. with interest acuued. and atl moneys secured hereby. shall becorta dw and piy- abte fwthwith, or thereafter, at ths oprion of said MORTGAGEE, as f~lly and complerely as if all of the said sums of money were oripinally ttipul~ted ro be paid on such day, anythinp in ssid promissory oote w in this Mortgye to the contrary noMithstsnding; and thaeupon w lhereafte~ at tM option of said MORTGAGEE, without notice or demand, suit at law or in equity, tFxrefore w thereafte+ begun, may be proaecuted as if all marcys setursd heteby had matwed prwr to its institutan. 7. That In the event that at the beginnirg of w at any time pend~ng any wit upon this Mortgaye, a to fweclose it, w to refwm it, w to enforq payrnent of any claims he.eunder, sa~d MORTGAGEE sh~tl ~pply to the Covrt having jwisd~ction tlxreof for the ~ppoi~tmcnt of ~ Receiver, such Cour1 shall fwthwith sppoint s reteive? of said mortg~ged property all and singular, includ~ng all and singular Ihe iruome, profits, iuues and rovenues from whatever source derived, each and every of which, it being expressty understood, is hereby mwtgaged u if specifically sef forth snd dewibed in the yrantinp and habendum clauses hereof, and such Receiver shall h~ve all the broad and effettive fur~ct~ons and powen in anywise entrusted by a Court to a Receiv~r, snd such appointment shall be made by svth ~ovrt as an admi»ed equity and ~ ma~ter of absolute r'ght to said MORTGAGEE, snd without referente to tl+e adeqvscy w u+adeqvacy of the valve of the property mortg+ged w to the so~vency o? insolvency of wid MORTGAGOR or the defendanri, and that sucA ren+s, profin, income, iuues and revenves shall be applied by s~ch Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Cou~t. 8. To dvly, p~omptly and fully perform, dixharge, execute, effecf, complete, comply with ~nd abide by each and every the stipulatans, agreements, conditans and covenants in sa~d promiuory note and this mortgsge set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a penon other than the INORTGAGOR, the MOR7GAGEE, its successors and sugns, may, without no~ice to the MORTGAOR, deal with such wccessw w successo? in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgsgor without in any way vitiating w discharging the Mwtgsgora' liability here- under or upw~ the debt hereby secured. No sale of the premises hereby mwtgaged a~d no forixa?ante o~ the part of ~Fie MORT6AGEE ot its suctesson or assigns and no eztension of the time fw the paymeM of the debt hereby secured given by the MORTGAGE' or its wctesso~rs or assigns, sL~ll op~rate ro release, dixharge, nadify change or affecf the aiginal tiability of the MORiGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essente of this contract and tMt no wsiver of any obligatan hereut~der w of the oblip~Yan se- cured hereby thatl at any time tF~e~eafter be held to be a waiver of the terms hereof w of the instrument secured herby. ~ tf~-~w.a n to the fwego:ng monthly paymems of princ:pal and interest reqvire8 by the p~omissory note secured hereby, mortgsgor covena i and syrees to pay to mo:tga monthly payment an addirional sum estimated by mortgsgee to be equal to 1/12 of th t e ollow- ing: . A-All real property taxes levied w assessed against the above a B-Premiums on fire and wi~dstotm insursnce as herei to be carried on the im situate On tFie above desvibed premius. C-Premiums on such mortgage guar ance as mo~tgsgee sfiall from tirt?e to time deem fit to carry n secured hereby. Mwtgagee shali from ' time notify mortgagor in writing of the amouM dve and payable he~eunder a~d such sum sha n be due and payabk on the e of the next monthly payment and eath succasive month thereafter ur,tit mortgagee shall notify mortgagor of a tha ' ~ amount sums shall be applied by mortgagee toward the psyment of real property taxes, insurance prem:wns, and mortgage guannty insunnce ` iums. E IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforessid. ~ . Sealed ed in the ptetente of: ~ f n ~ n..~ ~ ~s--o STATE Of Fl A ~ ST. WCIB ~ courrtr oF ~f«. ~ Javes R. Sharpe ~~Lh /klfl iIp! his wife, to me well know~ snd known w me to b~ the individwb deurib~d in a~d who ~xecuted tM for instrument and acknowledyed before me that they executed the same fot the qnpwes r?K.e;~ ~~d. ~u~d r~,. B~h Ann ~harpe w~fe of the wW Jases R. Sh~ZQ~ upon a aep~rate and prh?~t~ exam'~naYwn by me t~ken separate snd apaA from her ssid husband, ~dcnowfedyed to and before m~ that she execvted said instrumtnt 6eely ~nd volun- . oarily ~nd witho~l u?y compulsion, constrsint, appreFMnsan, w fear of or from her said Fwsband. WITNESS my hsnd and offic;al sesl the~ day of !il A. D. 19 69 ~ D REC~ ' p AN S~~VC~E Ci0 E~ ~ p • Notary Pubtic in snd fw the State of Florida ~t lar~ a~ ~~n My Cortrniuion enpires: ~ Rttum To: ~ F~~r F.d..~i s~,~ a~~, wu«~.~~«? Jt Cor 'y //'13 . 06 y rr~rs;:~n EX of Fwt P«.«. ` pN t~ • r~~r2; qp.•rl ]~73 Fut Pic+ce. Fla~da ,69 µ~Y r;~Miy~(~ ~...y. ...~.•nur~ii~~~'~F,. a-- 1 . .y . - r4O~E ap~Tf~~ uR.~• . ` ~ .r. . R ~ -,r - This Instrument Prepared By ~~ERK C1R~UIT , First Federal Savings b loan ASSOCIatlOfl •-~s• L: _ of Fort Pierce . . , ~ , _ ' ' j r~: = , Chedced By J• D. Chastain - J_,~',','j 0(~ /R~ . : c~ : = _ ._~,,'S;` -~,~,l~ 8W~1 rA4C ~V{,/ . ?:i-~^w ; ft~~ ~ ~ ~ _ ~ : - - ~ ~ ~--t ~~a+,< ~ ~ - -