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Home My WebLink About1019 . . • ~ -'n 9. To plac+ and ca+~irwoualy ke~p on tF?~ build;rp~ ~w~w or F?K~~flM ut~ate oe s~~d land and on all equiprnent Md penon~Uy covk~d by thi~ more~ ~g~, with ~II p~emiums thereon p~id in f~tl, fin insurantt in tM uswl uandard policy fwm, in a wm ~pprowd by tM MORTGAGEE. ~nd windttorm iniw~ec~ ie tM viwl ~~andard pol~q fam, in • sum ~pprov~d by the MORTGAGEE, in wch company or companie~ u tM MORTGAGEE may dir~dp ~nd ~II fin and windstam i~swu+c~ policies on My o~ said b~itd~nys. ~ny ~nter~st thsrein o~ part thereof, !n t!~ apyrepa~t wm afonsaid a j in ~xces~ tMreof, :hsll conrain Ihs vawl standud nwr~ga9N clws~ a such otix~ clavs~ ~s tM Mortpa~t m~y rcqu~r~. makinp IM los~ undK s+id po1F `t cis~, e~ch u~d ~v~ry, pay~ble to said MORTGAGEE as iu :ntero~t may ~ppear, and each u~d every s~ch policy ~Mtl be promptly us:yned and dtlive~ed W + iny M!d by said MORTGAGfE ~s furrher stcurity to wid monyaps dsb?, and, not leu 1M~ te~? (10) days in advance of the expiratan of ~ach policy. to dr liver to ~aid MORTGAGEE a renewal the~eof, topethar with a ~ece~pt fw the pr~miuen ot tuch ~e~ewal; and ther~ shall bs ~o fir~ w windstam ir?svranc~ plaad on sny of said Fwilding~, any interest tMrein w part tMreo(, ~nteu in tha fwm arid with the los~ payable as ~fats~id~ u~d ~ tlk ~wnt ~ny wRi of money beoornes p~yable under such polFCy w policies said MORTGAGEE shall have ths option to receive and apply ths same on accouro ot the i~+debted~ neu sKUrad t~sby o~ q pt?mit said MpRTGAGORS to reteive snd us~ if p any pa~t thereof fw othe? purposrs, wi?hout fhereb/ waiviag w impair- in~ ~ny eqvity, tien or right ~ndx or by virtw of thia mo: syage; and in tht tveM said MORTGAGORS shall (w any reason f~il ro ketp tM said premises so inwred, p fail to deliver promptly iny of said policies of insurante to said MORTGAGEE, a fail promptly to pay fully sny premi~m the~efor or in any ntpect fall to ps~form, dischuge, execute. ~ffeN, complete, compty wi~h and abid~ by this covenant, w any part heraof, said MORTGAGEE may place ~nd paY fw sucl~ Iravrane~ w u~y part thereof wiMout waiving or aff~cting any option, lien. eqvity. or ~igM u~der o~ by virtw of ~his Mw~~~, u+d tM ~ full amo~nl of sach and every suth payment shali be imrt~ediately due and payable and shall bear interest irom the daro thercof until paid ~t tM rst~ of nine pe~ centum pK annum and to~ether with suth Fnfe~eat shall be secured by the lien of this mortgage. ~ 1. To pe~mit, ca~unil or suffer no wute, impa'vrn~nt or deterioratwn of said property or any part thereof. + 5. To pay ~II and singul» the cwb, cha?pes ~nd sxpe~?xs, inck~dirq a reasonaWs atrw~ey's fee and costs of ibstracts of title, irKVrred w psid at any time by said MpRTGAG:E, becaux or in the ~vtnt of the failuro on the part of ~he said MORTGAGOR ro duty, prompNy and fvlly psrfpm, discha?q~ execut~, ~ff~ce, completa, comply w~th and ab;de by esch and every the stipulationa, agreements, conditions, snd covenants of seid promissory note and this mortyay~ ~ny o~ eithor, and said coats, cha~ges and expe~xs, each and every, shall be imrnedistely dve and payable; whether or not ther~ b~ ~otice da mand, ~ttempt to collect or svit pend~ng; snd tM fuH mnovnt of each and eve?y such payment shall bea? interest irom the da1~ thereof unti) p~W af the rate of nine per cenwm per arnwrn; and all said costs, ch~rges and expenses incurred w paid, together w~~h svch interest, aMll be sacured br th~ lien of thif ^wrt~ap~• 6. TT?at (a) i~ the ~vent of u?y breach of this Mortgaqe w defavlt on tM part of fhe MORIGAGpR, a(b) in the eve~?f any of said sums of ma~ty herein refcrred to be not promptly and fully psid wiihin thi~ty (30) days next aiter the same xve~afly become due and payable, without dem~nd w notice, or in the eveM each and every thc stipulatiaq, agreements, conditions and covenants of sa~d promiuory note and th~s mortyaye a~y or either are ool iuty, promptty and futly performed, d;scha~ged, executed, effected, completed, compl~ed wilh and abided ~ay, theo in e~thx w any s~ch ewm th~ Nid aQ gregate sum memioned in said p?omisswy note then remaining unpaid, with intere:t acaued, and all moneys secured ht-=~y, snall become dw and p~y- able forthwith, w theresfter, at the opr~on of said MOttiGAGEE, as fvlly erd completely aa if a!1 of ~he said sums of money were originally ~tipul~ted ro be paid on such day, anylhing in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter al the optiaf of said MORiGAGEE, without notice or demand, suit at (aw or in equity, therefwe w thereafrer begun, rtuy be prosecWed u if all rraneys sKVred he~eby iwd rrNwred prwr to its institution. 7. Ths? in the event that at the beginn;ng of or at any time pend;ng ~ny wit upon this Mortgage, w to fpreclose it, or to reform it, or to eniwp payment of any claims haeunder, said MORTGAGEE shsll apply to the Court havin8 ;urisdrction thereof fw the appointment of a Receivet, such Cov~f shall fonhwith appoinf a reteiver of uid mortgaged property al! and s;ngvlai, includ~ng ell a~d singular the income, profits, iuues and revenues from whatever source derived, each end every of which, it txing exprculy uncl~rstood, is hereby mortgaged as if spec~fically xt forth and described in the gran~inp ~nd habendum cla~ses hereof, and such Rcceiver ahatl hsve all the broad and eftective funcr~ons and powtrs in anywisa entrvsted by a Courf to a Receiver, end such sppointment shatl be made by such Court as an admined equity and a matter of absolute right to said MORTGAGEE, and without rete~ence to tAe adequacy w inadequacy of the value of the property awrtgaged or to the sotvency o? ;nsolver~cy of said MORTGAGOR a fhe deiendants, and rhat such renrs, profin, income, iuves and revenues shall be applied by such Reteivei atcording to the lien or equity of said MORTGAGEE and the practice of such Court. 8- To dvly, promptly and fully perfom~, diuhsrge, execute, effect, comptete, comply with and abide by each and every fhe stiputations, agreemenfs, co~ditans and mvenants in sa~d pramissory note arxl th:: mortgage sei forth. 9. That in the event rhe owrKrship of the mwtgaged premises, or any part thereof, becomes vested in a perwn other tMn the MORTGAGOR, the MORTGAGEE, its successors snd augrts, may, witlwut notice to the MORTGAOR, deal with such svtcessor or successor in interest with re(erence to fhis mwtgsge and the debt hereby xcured in the sanie manner as with Mortgagor withoW in a~y way vit;ati~Q a dixl~srging tF~e Mongagors' liability hera under p t?pon tlx debt hereby secured. No ssle of Ihe ~xemises F~ereby mwtgaged and oo fwbearante on Ihe part oi tM MORTGAGEE w iri s~ttesson or aug~n and no extension of the time iw the payment of t1?e debt hereby secured given by the MORTGAGE' o? its successon or assig~a, shafl operate ro releass, diuharge, modify change a affect ihe wiginal liability of the MORTCaAGOR FKrein, either in whole or in pan. 10. !t is spec~fKally agreed that time is of the essence of this contract end that no waiver of sny obligat~on he?evixkr or of the obl'gation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the iruuwrxnt secured herby. 11. In addi?ion to the forego:ng ma~thly paymeny of princ"pal and interest rtquired by the promissory nore secured hereby, morfgagor covenants and agreea to pay to matgagee w;th esch monrhly payment an add~rional sum est~mated by mortgsgee to be equal to 1/12 of the an~~al cost of the 4ollow- ing: A-All real property taxes kvied w assessed agai~st the above desc~ibed real estate_ B-Premiums on fire and wiRdstorm insurance as herein requ;red to be carritd on the improvem~rb situate o~ the sbove described premises. C-Premiums on such morrgage gua.anty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Matgagee shaiS from time to time not~fy mwtgagor in writing of tl~e a~ue ar~ payabk h~reunder and such sum shaU thereupon be due and payable on the dve oate of the ~ext monthly payment and eath successive month t ~f~ ur.til mortgagee sha11 notify mortgagor of a change in wch amoum. Such sums sFa;l be applied by mortgagee toward the payment of real property taxes, insunece prem~ums, and mwtgsge guaranty inwrance i premiums. • ~ IN WITNE55 WHEREOf. the said MORTGAGOR has herevnto set his hand and seal the day and yeat f' foresaid. , s~.? and deliv ~ w~ or: F~LED AND RECORDED' ST. IUCIE COUNTY. FLA. ~ Rc,~ORO VERIFIEO ~ . ~.'781-1-5 ~ STATE OF FlORIDA v~7 1`WI i Z PM n counmr oF St. Lucie # ~ ~ ~ Befwe me personaily appeared Georae Hall nOGER P TRAS - _...,nr~ .oa Katherine H~1 C+~-E his wife, to me well known a~d known to me to b~ she ind~ridwls deuribed in and wFw executed the fweqoirg instrurnent, and acknowledged before me that tF?ey e:ecuted the same fw the purposes rherein e:pressed. /~~d the said--K~tb@Y111@ ]~~l wife of tf~e said - G~r9@ H~l upw~ • sepu~te and privat~ examin~tion by me taken separate and apart from her said husba++d, scknowkdged to ~nd befwe me that she executed said instrument Et~tly and volwr ranly a~d withwit a~y compuliron, const~aint, apprehsni~o~_~r feu of a from her said husband. WI?tifSS my h~nd and official seal thii , l~~ _ d~y of Ma p. 19 69 • Notary Public ' and fw th~ St~te of Fbr~ at lar~/ My Commis~' exPi?es: ~A~~ ~ Return To: • Fint feder~l Savings 8 loan /4sotiation f~ •.:i2ry pIt~IC, tife 0~ ~O(Idi it Of Fort P~erce. rf=~;~ ~y ~OmIAKSJ011 ~!S 6. ~n Forf Pierce, Florida .••••..~~7~` ~~i~ ~~M~Ee~G+~M?~ ~J. ' ~ : - v . - , i' This Instrument P~epared 8y ~ f First Federal Savings & loan Association ~ % ~:'s ~ ~ : ~ - f . Q • - t ~ v : Q` • of fort Pierce Z : p O . Checked By ~T• Collir~s _-~:,'~-r''~~.0 STi+'F'~.~'~ , , ~tii:t:1N~~~~` O .n, ~ ~ eooK 1 ~ 7 ~Arf ~8 ~ . , ~ . ~ ~ ~ ~.x E=. _ ~~~r~:~~ _ `