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Home My WebLink About1025 { . . - ~ To plaa ~nd ~a+tLwouily kNp on th~ buila{f1Q{ f10W Of MfNItN iifYif~ Of1 Nid IMKI i~ 011 i~i lQYi~M111 N1~J PffiOf~illy COVtf«I ~ 1IfI~ 1110f1~ ~ ~g~. with sll pemiums thereoo p~id in fult, fir~ inswu+u in tFr uswl stud~~d policy form. • tum approv~d by tM MORTGAGEE, and w~torm inwr~nc~ in tM usw! uuidard pol~ty lani, in s wm ~qxov~d by tM MORTG/?GEE, ln wch company or compa~i~s as tiy MORTGAGEE ma~ i dir~cti and ~II iin ind windstorm inwraoa polici~s on any of said bulld~nQ~. any tnNr~st tMrein o? p~rt tM~~of, in ~h~ apq~ay~t~ swn afaaaW a In ~xpa thNwf, sMll contain tM uswl sta+dard mo~rt~aQ~t ckus~ a wch aMr clau~ u tM Ma~ya~ m+Y nquw~, m+kinp 1M bu w+d~r said po14 cies. ~atA and ~vKy. paYabl~ M said MORTGAGEE as iM iNHesl maY ~pp~a~. a~d Nch ~nd +wry suth policy sMlt b~ promptly su:9n~d and dtliwt~d lo ~ny h~{d by ~id MOQT'vAGEE u furthsr wa+rity to iaid mortpa~ debi, and. ~wt lesa tMn qn (10) daya in ad~ranc~ of tM ~xpir~tion of ~ach policy, to dr liver ro wid MORTGAG:f a renewsl thereof, topt~htr with a receipt for th~ premiuw~ of ivch ~enew+l; and theti ahall be no fir~ w windsto~m tewranct pl~ud on ~ny of said buildings. ~ny ieter~st tMr~in or parl thereof, unku in the form and wi~h th~ bss p~y~bl~ u alw~saldt ~nd in th~ ~wM any wm of morMy becom~s p~yable und~r such polity or policin uid AAORTGAGEE shall have ths option to receiw ~nd apply 1M ssms on accow?t o1 tM Md~b~ed~ neu secw~d hereby a a permit wid MORTGAGORS to noeiw ~nd us~ it w+~y pat thcrwf for other pu~poses, wi~hout tht~eb/ waivi~iy or impair- inp anr pvity, tien a~qh1 w+de~ or by vutw of tFw motlyagej ~nd in tM ~vant said MORTGAGORS ~all (p any ~eason fail to keep the said premises so iruurtd. p fai) fo deliva promptly any of taid policics of inwrance 1o aid N10RTGAGEE, a fail promptly Io pay fully ~ny prsmiwn thsrefw or in anr ~~spect f~tl b pafo~m, d~scharye. executa, sffect, compkte. comply with and abid~ by thit cove~?an~, w any par~ hereof, said MORTGAGEE msy pl~oe ~od pay fw sud~ inswanu r. a~y part thenoF withovt waFvinQ ar aff~ct;nQ se~y optiaw, lien, pvity, a rgM ~nda or by vinw of N+is Mort~, and tM full ~rtwunt of ~ach and ~vKy such paymsnt ihall b~ imn+~diately du~ u~d payabb ~od sMll btar intcrest fran ths tlate tF+ueof w?til p~id ~I th~ ?ab ot nine par tsntum pK annum a~d to,~ether with s~xh interest shall be secu~ed by fhe (ien of N?is mort9~ye. 4. To pamit, commit or wffa i+o wute, impairment a deter+wation of said prope~ty or ~ny p~n thereof. 5. To p~y all ~nd tinp~tu ths cwts, clw~ei u~d exptnse~„ incl~dinp a rwon~ble ~ttwney i ite and co:b of abstracts of titl~, incvrted or paid at any Y~me by ~aid MORTGAG:E, be.wuse w in the ~wnt of tF?e failure on tla put of ths ssid MORiGAGOR to duly, promptty s~+d fully pafonn, dixMr~ execvt~, tff~et, compl~t~, comply with and ~bid~ by each and every tha stipulations, ag~eements, cond;tions, and covenanfa of said promiswry ~wt~ a~d this morrQape any or eitF~er, and sa~d costs, chu9as ~nd expenses. each ~nd every, sMll be immediately dw and payable: whetl~er a not ther~ b~ notic~ ds mand, anempt to collect q ~vit psnd~ng; snd tl+~ fvll ~nowit of eadi and every wch paymaN tMlt beu inte~est from 1he dat~ thtreof umil paid ~1 t1+~ rate of nine per cfntwr. r,v arowm; and aH aaid oosts, cFwga and expenses int~rred w paid, together with such interest, tMll be setured by tM lan of tha ^arlp+p~- . 4. Th~t (a) i~ the evw~t of any breach of this Mortgsy~ or defautt on ~he pan of the MORTGAGOR, o~ (b) i~ tM ~vent any of s~~d sum~ of money herein r~fKted to be not promptfy and fvlfy paid within thirty (30) days nex! after the same sevcrally become due and payabte, withovt dern~nd o? notit~, or (cJ in tM ~vent each +nd every Ihe atipulations, ~graemenb. co~ditions ~~d covenanq of ss~d promiuwy note and th~s mortya~e aor w si~her ue ~01 iuly, prompty +nd full; rwformed, dixMr9ed, ~~cecvted, effccted, comptetad, compl~ed wirh artd abided by, then in e;tMr or ~ny such ~v~nt tM ~id ~g gregat~ sum ment:oned in said promiuwy note then remainir?p vnpaid, with intcresl acuued. and all mor?eyt secvred herebY, shall becpne due and pay- able fwthwith, a tne~..after, at the opt~on of said MORTGAGEE, as fully and completely as if all of the wid wms ot monay were oripi+Nlly ~tipulated to be paid on suth d~y, u+ything in sald p~omissory note a in this Morrpage to the contrsry notwithslanding; and there~pon or thereaftu~ at tM option of ~aid MORTGAGEE, without aotice or demand, wit at law or in equiry, therefore or thereafte? begun, may be prosecvted as if all nwneys s~cvrd ha~eby had rn~tvred prior to its institution. 7. That in the event that at the beginni~g of or at a~y time pendirg any wit ~poe this Mortyage, w to foreclose it, or to roform it, o? to enfora payment of any clai..r_ hereunder, said MORTGAGEE shall apply to the Court having jurisdKiwn thcreof ior the appoi~tmer?t of ~ Receivar, wch CouA sMll torthwith appoiM • rcceiver of said mortgaged property all ~~d singulsr, includ~ng all and singular the incort~e, profiq, iuues a~x) ro+re~+ues from whatwer source dsrived, each an~ evcry of wh~ch, it beiny expressly understood, is hereby mwtgaged ~s if ~peciiically set fwth and desuibed in the ~rantirp ~nd habenJwn da~ses hcreof, a~d such Receiver shall have ~II the kxoad and effective funct~ons and powers in anywise entrusted by a Cowrt M a Receiver, and such appoimment shalt be made by svch Court as an admittcd equety and s maltei of absdute rgM ro said MORTGAGEE, and without reference to the ndequ~cy w i~sdequacy of the wlue of the property mwfgaged or to the sohrency w insolvency of said MORiGAGOR or the defendann, snd tMt such renn, profin, iocome, iswes and revcnues sh~ll be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such CouA. 8. To d~?ly. pramptly and fully perform, discharge, e:ecvte, effect, complete, comply with and sbide by esch and every the stipul~tions, apreeme~b, conditpns and cove~ants in sa~d promissory note and this mortgage set fwth. 9. Th~t in the event the ownership of the ~rtgaged premises, or any pan thereof, becorrhes v~ested in a person othe? lhsn thb MORTGAGOR, tl+~ MORTGAGEE, in successo+s and essigns, m~y, wirhovt rafice to the MORTGAOR, deal with such succeuw or wccessor in interest with referenoe to this mort~e and ti~e debt hereby secured in the same manner ts with Mortgagor without in a~y way vitiating or dixharging the Mottgagors' tiabiliry hete~ under w upon the debr hereby secvred. No sak of ~he prevnises he,eby mortgaged and ~?o fwbearsnce on the pa~t of the MORTGAGEE or its successors or auig~s and no extens7on of the time for ti+e paymeM of .the debt hereby secured Qiven by the MORTGAGEf or its successors w assiyns, shall operat~ ro relc~se, d~uharge, mod~fy chsnge or affect the original tia67Gty of the MC?RTGAGOR harein, either in whole a~n put. 10. It is specifically agreed that time is of the essence of this contract and thst no waiver of any obGgaYwn hereurxkr or of the oblgstion so- cured hereby shall at any time thereafter be held to be a w~iver of the tem+s hereof or of the lnstrument secvred herby. 11. In add~tion to the fwego:~g moothly payments of print:pal aod interest required by the promFssory note secured hereby, morTgagor covenanb ' and agrees to pay to mortgagee with each monthly paymenl an addirional sum esrimated by mortgagee fo be equal fo 1/12 of the annual cost of fhe follow- 'ng: A-All real properfy ta:es levied or assessed against the above described real estate. B-Premiums on fire and windstwm insurance as herein requ~red to be tarried on the improveme~ts sit~ate on the above desaibed p?emises. C-Prcmiums on such mongage guaraoty inwrarce as mortgagee shalt from time to time deem fit to carry on tF~e ban secured hereby. 1Mortgagee shall lrom time to t;me notify mortgagor in writing of the amou~t due and payable hereunder and such sum ahall there~pw? be due and payable on the due date of Ihe next monthly paymeN and each s~ccessive month thereafter ur.til mortgagee shall notify mortgagw of s change in such amovnt. Such sums sF;af( be applied by mwtgagee toward the payrtcent of real property taxes, insurance prem:ums, and mortgage guaranty inswance premiums. • IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first sforesaid. Siy~ed, Seakd and delivered in the presence of: ~~,~LR~-_ 1 lJ ~SeaQ t~.q rc..q STATE OF FLORIDA ~ $t• I.LtC~@ COUNTY OF eefore me perwn+~ly s~a~ed Raehe2 Lee, A Sirigle Adult + ~nd f I+irv~ife, to me well known and known fo m~ fo b~ tha individw/ described in and wFa executed tf~e foreyoirg imtrument, and acknowledged befwe me tMt they executed the sams for the pvrposas rherein expessed. /tr~'71fl~~ wife~oi ylw-sM~ ~pen ~'~ePwa1~ w~!'A~iwN wc~wiMliw~~-r~~r ~e}~wa~s~awr ~ fa~f ~fwwrherwir ~iw~bwN{,-rde+s~led~ed-~s w+di~efeie~+ne~tlwr dw ~e~Aedi~ lnsnen~a~f 6A1?~~oiu~'- ~.rNfsr+d-,~+d+oursnfzanpelsfoir, tvns+e~~n-sppieh~+s~on- -f~arel~a'~f~e~nl,w-s~Q'tl~tlAed: . WI7NES5 my hrrd and official seal "="'.A,'D. 19_~ ~ S?. IUCIE COUNTY. Fl ~ - ~ ,11,~ ` I , , t. Nwary Publk in .nd fw rh. S~af~ of Haid.' :i lr~ . _ My Commission expires: 12 rf! i'•~ j.. Retwn 7a. • , • ; - ~ • Fint Fadewl Savirgs 6 losn Auociation ~Ug i`~ ~ Y ' L f A 3~ ~ O WTAn MlL1R =TATE OF fLp . ' r Of Fwt P~erce. ~~~~JJJ ~ MY COIMM~SSION EXPIRES DK.~' r~ c~ _ F w t P K a e, f l w~ d s ~ ~oso t M R O U~ t w i a w. oe: f,t4Sfvw~*~,~' ;~C.' + .,o E~ :~o~TRas • CI=RK CfRCUtT COURT • . ti - This Instrument Prepared By ~ ~ First Federol Savings b loan Association , of Fo~t Pierce : ch~~d By J. ct~?sta~n eooxl~~ P~GE~024 ~ - ; , . ' - ~ cf ~ ~a:»~,._~; _ -