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Home My WebLink About0579 i 1. To placa ~nd continuously kKp on th~ build'w?ps novc cw `~e+ft~ .iw+» a+ •aid Iand and on •U equipmsm aod p..son+tly cov.ed by ~ morp~ p~, with ~II pr~miwns th~reon peid in full, f+re inwr~nu ~n ~M uswl ~urdard policy fo~m, in • sum approwd by tM MORTGAGEE. and wiadttorm inw~~ in tM vtwl aranda~d pol~cy fwm, G+ a wm ~pproved by tM MORTGAGEE. in wch companY w comP+^i~s +s tM MORTGAGEE m+y dinctj ~nd ~II fin and w'a~dsto.m imwaooe ~wlici~s oe +ny oi s+id buildi~s, ~lY If1iHHt iMOff1A Of pa~t tMrwf, h tM ap~repa~~ sum afa~said a 1~ ~xcess 1har~of, shall ca+tain th~ ~swl slartdard morty+~ ctaus~ w wch o1hK davsa ai tF» Matp~ye~ may ~eq~u~. makinp th~ losa undN said po1E ciss. tach and evNy. paYabl~ to uid MORTGAGEE as ih i~terat may ~ppear. +nd tach ~nd tvery t~ch poticy ~hall b~ promptly sss:9ned and d~liv~?ed to any held by aid MORTGAGEE ~s fur~Mr security to ssid morr9ape debt, +nd, nW kss tha~ ten (10) d~ys in advanc~ of the ~xpLation of ~ach policy, ro dr livN ro s~id MORTGAGEE a renewal tMrwf, to~tthN with a..:eipt fot the pr~cni:un of tvch renewalj and thete shsll be ~o fir~ w windstam i~wr~ntt plac~d on ~ny of said build'+ngs. ~ny interest tMrein w part thtreof, unleu in tM form and with tM loss payable u afwesaidt +~d in !M ~vMl ~ny swe of maKy becarws payaWe unde? such polky w polici~s ~+7d ~MORTGAGf.E shall haw th~ option to receive and ~pply ths sam~ on accounl oF th~ indebted~ ~ess secu~~d hsreby w b permit said N10RTGAGORS to reteiw and us~ H w any ptrt :hereoi fw othe~ purposea, without ~h:.eb~ waivi~~ or unpai?- ing any eqvity, IiM or ri~ht unde~ ar by virtvs of this rtwrtpa9e; and in tM tvsM s+~d MORTGAGORS shall fw ~ny reason fail ro keep the ~aid pr~misea so i~sured, o~ iail 1o delive~ promptly ~ny of taid policies oi insurance ro ssid MORTGAGEE, w fail promptly to pay fvlly ~ny premivm the~efa w in u~y respect fail b paform, d~uhuge, execut~, ~ff~ct, con?plete. comply wi~h and sbid~ by Mis covensnt, w ~ny part he~eof, said MORTGAGEE m+y pbc~ and pay fw such insuranc~ or any part thereof wi~hout w~firiny a aifecrinp sny option, lien, equiry. w righ? vnder o~ by virtw of this Mortys~~, and tM full ~n+o~nt of each and ~very svch payment shall be imrnediately dw and piyable and shall besr interesr from ths date theraof ~nril peid ~t th~ raN ol nine pet ta?tum per annum ar~d togethe~ with suth interest shall be setu~ed by Ihe liln of this mortg~ge. To permit, tanmif w suffer no waste, impawinent w deterioration of said property w any part thereof• 5. To pay ~II ar+d sinyular ths cosb, char~es +nd expenses, includin~ + resson~bk attaney i(ee and costs of abstracts of titl~, incvrred or . paid ~t sny Yune by said MORTGAGEE, becavse a in th~ event of the failure on the part of ~he isid MORTGAGOR to d~ly, p?ompNy and fvlly perform, d~xhar9R f execute, dfect, complete, comply with and ab~de by each and every the stipulations, sp~eemenn, conditi«u, +nd covenants of said promisswy nott and thu ~ mwtgape any or e~~ha. and said costs. charges and expenses, each and every, shall be immediately dua and payable: whetF?er w not there be norice da mand, att~mpt to collect w wit pend~ng; ~nd the full amount of each snd every such payment shall bear interest from the dat~ thereof until p~id at th~ ~ rate of ni~ per centum per amwm; and all said coats, cha+ges and expenses incurred a paid, logether with such iMersst, thall be aecured by 1M lien of tha f.. Th~t in the event of any brexh of this Mwtgsge or default on the psrt of the MORTGAGOR, or (b) in the event any of said wms of ma+ey herein reie~r~d to be not promptly aod fully paid within thirty (30) days nex~ after the sarru seve~ally become d~e and payable. without demand o? notice, o? in the evenf esch and every the stipulatiwu, ag~eeme~~s, conditions a~d covenanri of ta~d promiuory note and th~s m.ortga~e any or either are ral i~ly, prompNy snd (ully perfwmed, d~xh~rged, executed, effectcd, completed, complied with and abided by, then in either w soy iuch went ths ssid +g gregate sum mentioned in said promissory note then remaining unpaid, with interest scuued, and all moneys secured hereby, shall become dw and pap able fwthwith, w thereafter, at the option of said MORTGAGEE, as fulty and completely as if all of the said sums of money were aiginatly stipulated to be paid on such day, anything i~ sa~d promi:sory note a in this Mortgage to the contrary notwithstanding; and ~hereupor+ or thereafter at the option of said MORTGAGEE, without notice or demand, svit at law w in equity, therefwe or thereafter begun, may be prosecuted as if all nw~eys setured hereby had matwed pnor to ib institution. 7, That in the erent that at the beginning of or st any time pending sny suit upon this Mortgage. a to foreclose l, w to refwm it, or to enfwcs payrn~nt of any daims herevnder, said MORTGAGEE si?~II apply to the Court having jurisdidion thereof for the appantment of a Reteiver, s~th Court sMll forthwith sppoint a receiver of said mortgaged prope~ty all and singular, includ~ng aIl and singular the income, prof~ts, iuues and revenues from whatever so~rce derived, each and every of wh~ch, it being expreuly unde?stood, is hereby rtwrt9aged as if spec~fically sct forth and described in the yr~nting and habend~m clavses hereof, and such Receiva shall have all the brwd and effective funct~ons and powers in anywite entruated by ~ Court to a Receiver, and i such appoimment shall be made by such Court as an admitted equ~ty and a matter of absolute righl to said MORTGAGEE, snd without reference ro th~ . edequscy w i~?adequacy of the value of the prope~ty mortgtged or to the sWvency or insolver?ty of said MORTGAGOR or the defendanri, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity oi said MORTGAGEE uid the ptactice of such Co~A. 8. To dvly, promptly and fully perform, dischargc, execute, e4fect, complete, comply wi?h and abide~bj? each and every the stipulaYam, agreemants, conditiora and covenants ~n sa~d promissory note and this mortgsge set forth. 9. That in the event tM ownershlp of the mortg+yed premises, or any part thereof, becomes vested in a penon other thsn the MORTGAGOR, ths ~ MORTGAGEE, iri successors arsd eu~gns, may, without notice fo the MORTGAOR, deal with such succeuor w successw in interest with reference ro this mortgsge ~nd ihe deb~ hereby secured in the same manner as with Mo~tgagw witlaut in any way vitisti~g a discfisrgi~g the Mort9agors' ~iability herr under or uf+w~ the debt hereby secured. No wle of the premises he~eby mwtgaged and no fwbea+anoe on the part of the MORTGAGEE a its s~cce:son ~ or auigro and no ex~ension of the time tor the paymeM of the debt hereby secured given by the MORTGAGE~ w its svccessws w assigns, sh~ll operat~ ro retease, disctearge, modify change or affect the origirw) IiabiGty of the MORTGAGOR herein, either in wfiole w in put. f 10. tt is specifically agreed that time is of the esxnce of this contract and that no wsiver of any obligation here~nder or of the oblgsYan sr ' cured hareby shall at any time thereaher be held to be a waiver of the terms hereof~w of the instr~ment secv~ed herby. 11. In add~fio:+ to the forego:~ monthly psyments of princ pal and interest required by tht promissory note secured hereby, mortgagor covenants and agrecs to pay to mortgagee with each monthty payrnem an addi~ional svm estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: A-AII real propery taxes levied or assessed agai~st the above dexribed real estate. 8-Prem~ums on f~re and windstorm insura~ce as Fxrein requ~red to be carried on the improvert~ents situate on the above desvibed premises. C-Premiums on such mxfgage guaranty insurarce as mortgagee shall from time to time deem fit fo carry on ihe loan secured hereby. Mortgagee sha#I from tin.e to time notify mortgagor in writing of the amount due and payable t~ereu~der and such sum shall there~pon be d~?e and payable oo the due date of the next monthly payment and each suctessive month thereafter ur.til mortgagee shall notify mortgagor of a change in such amount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranfy inwrance 'I premiuma. ' ~ IN WITNE55 WHEREOf. the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. • Sgned, Sesled and delive~ed in the presence of: • i ~ aQ ~i~L, ]7~~_ .~I ~ p .H ~--n ~ ~ STATE OF FLORIDA ~ st. Lucie ~ ~ ~ courm oF eefwe me persoeally appearcd Be~j~iri B. Tooker ,~,d ItOS~~i .l. Tooker his wi~e, to me well known and known to me to be ~ ~ ~he ind~vidwls described in snd who ~:etuted the fu instrument and acknowtedged befwe me that they executed the ssme for the purposes ~xa~a. a~a r~,. Rosal~s J. Tooker wife of the said Ben~aain B. Tooker upon • s~pKat~ and privat~ examioaYan by me taken separste and ape?t from her s~id husband, adcrawled9ed to and before me that she executed said irotrum~M frNly and wlun- rarily and without sny compubion, corutraiat, ~ppreFronsion, w fe~ of w from her said husband. . WITNESS my hand and official seal thii day of M~ ,~A. ~.^f1~«'~ ' ~ 4. • I , ;y,' _ . ~ 0 N~ RE~~R, F~A. Notary Pu61ic in .~a ~a *n~ s~.t. a~~;d.•.~~. ~ F{l.E ~ COUN7Y My Comm~si~on expires: ~ ~ ~ Ci'•: r , Retwn Ta ~'j"(. ~..V~+,~- .eG - ~ ~ fint Feder~l Ssving~ t loan /4sociat~on C n~'•' ` ~ ~.:r~~l~ ....Mrr ?u~uC. ttA~~ OF f~OW~~~ ~ ~ ~ OI Fwt P~erce. i(~ V ~ Mr CpMMIS510N EXP~RES DEt. ..~3 . c , _ Fo~J Pierce. F lo. t da ~?t ' , O G ~ o c o ~ M R O U~ r w E O w. D~cstti~R!f~,. S... J .s:• . ~ tt:~~ ~ Fd'{ r~'. +~g r~+:~~c.: This Instrument Prepared By , •~C~iTr~S First Federal Savings, b loan Associntion L~T COURT " of Fort Pierce CL~ C RC Chedced ey J. CQllins . BO~K 1?7 ~.~f 579 ~ ~ ~ ~ r ~ a - . _ y~.~