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Home My WebLink About1027 3. To plau a,d con~invo~sly kep on tM butldp~p~ now a Mnah~r ~ihiaq on uid Isnd and on all equipment Md pe.waally cowr~d by thts morlp~ sg~. with ~II prsmiwns the~eo~ pa~d ie full, fin inswanc~ in ~he u:wl sa~da.d policy form, L? • sum appror~d by ti» MORTGAGEE, a~d wie~hro~m tn~wanct in ~h~ wval s~u~da.d po1Ky f«n~ in a swn ~pprowd by tM MORiGAGEE, M wch company a compani~s as tM MORiGAGEE m~y dir~r and all fin ~nd w~exlsrorm inwra~oe poliues on ~y of s~id buifdi~s, My G1tNHi tlNflifl 01 p~~t tMfWI, in th~ apy,epa?~ iw,n afor~W or ~ tn ~xcess N~er~ot, ~hatt cant~in ttw uwal uanda~d morf9aya claus~ a such otna d~us~ ~s tM Nbrtpa~s n+ay rp~'u~. makinp tM loss unda s+~d po1F cies, sad~ and wery. paY+bk ~o said MORTGAGEE as in i~terql rn~y app~a~. H+d Nch and ~very tuch poliq shall b~ promptly us:gned ~nd d~levKed to a~y Mld by said N10RTGAGEE as fur~ha~ secvrity to s+id matyeqs debt, and, not les~ than 1en (10) days fn ~dvanc* ot ths eapiratan of ~ach policy, to do~ l;wr ro said MORTGAGEE s renewal tht.eof. topetha with • receipl (or tM premium of tvch tentwali ~nd tM~~ shail b~ eo fire a windstam inwrant~ plao~d on ~ny of wid buitdirgs. ~ny iroeres~ ti+K~ie or put ther~o(, unleu in rhe fwm and wi~h ~h~ bu payabN as afor~aidt and in tFw ~wnt ~ny swn of mor~ty becom~s payable u~der wch polky or polici~s said MORTGAGEE ihall hav~ ~M optan ~o ~eceive and apply 1M same on ~ccount of tM ind~bted~ neu sesw~d hereby a W permit taid MORTGAGORS to reteiw snd use it or any parl thcreof for othe~ purposes, without fhereb~ waivi~~y or ~mp~.e~- irq any pv7ty. lisn w rph~ uoder or by virtus of tlw mortyaqr, ud in tM ~vent ia~d MORTGAGURS shall for any reaaon f~il w keep the ~sid pr~miset w insurod, or f~il !o dsliva promptly ~ny of uid policies of irnu~snce ro iaid MORTGAGEE, w fail promptly to pay fully a~y premi~m therefw w in any rospect ;ail w pKfairi, discMrye, execute. ~ff~ct, compteta, comply wi~h ~nd sbide by thn cove~ant, w~ny part hsreof, safd MORTGAGEE m~y pl+o~ ~nd p+Y for urch irav~anc~ or any p~rt therreof without w+ivirg or affectin~ a~y optio~, lien, equity. or right under w by virtw of this Mwtp~e. ~nd 1M full ~mo~r~f of sach and evsry svch payment shall be in+me~liataly dw ~nd paysbls and ~hall bea~ iateresl from ths daN ttxreof untll paid at th~ raN ot nine per centum pK smum and ro~e~her wirh such inreust shall bs secured by the lien of th;s mw~paye. 4. To'pe?mit, commit or wffer no wasts, impa'ument a detaiu?stion of sa~d prope?ty ot ~ny p~rt thereof. S. To pay e!1 and sir+gular tia costs, cMryes ~nd expe~tes, includinp a re~sonabk atrorney's (e~ and costs of abstracb of title, irKVrr~d w p~id at any time by wid MORTGAGfE, becavte w in the ewnt of ths failuro on the p~?t of tM s+id MORTGAGOR to duly, promptty snd f~tly psrforrty di~charq~, execvte, tffed. compkt~, comply with and ab:de by sxh a~d evrry the st+p~,lations, agreements, conditior?~„ and covenann of sa~d promissory note and thu mort~e any a either. arw~ said cos~s. charges and expenses, each snd every, ahall be immedi~tely dut sod payable: wlxther o? not there b~ notroe de = mand, ~nempt Io mlkct or wit peixl~ng; ~e+d tM full amouro of each and every wcA payment shaN bear i~feresl fran the date tl+~reof vntil paid a~ the rate of nins per centwn per arrwm; and all said costs, chu9es snd expenses incvrred or paid, together with such inte~est. shall bt secwed by 1M lan of tha ^art~aps• 6. Th~t in the eve~t oF am breach of th~s Mortgspe or def~ult on the pa„ of the MORTGAGOR, w(b) in the event any of ~atd swns of mon~y herein nterred ro ba ~ot promptly and lu!!y paid within Ihirty (3~) daya next after the samc severatly become due and payable, withow dem+nd w notite, or tn ths event each and every the stipulatioos, agreemcnts, conditions and covenann of satd prom~ssory note and th~s mortgsye any or either ue nol iu!Y, prompNy and fully performed, dixharged. executed, effected, eompleted, complied wilh ind abided ~ay, then in ather p ~ny such evtnt tM ~id gregatt wm mentioned in said promissory note then remaining unpaid, with imtrest accrved, and all moneys secured hereby, shsll becans dw and pry- able fathwith, a thereafter, a~ 1he option of said MORTGAGEE, as f~lly and completely a~ ii att of the said wms of money were aqin~lly stiputated to be paid on such day, anything in ss.d p~omissory rafe w in this Mortgage to the contrary notwithstanding; and thaeupan w fhereafter at fh~ optan of said MORTGAGEE, without nofKe or dema~d, suit at law or in equiry, thcr~fwe or thereafter beg~a, may be proxcuted as if all rt~w~eyt fecured hereby had maNrad prwr lo its insutution. 7, That in the evenr that at the beginnirg of or af any time pending sny wit upon this Mortgagt, ot fo fpreclose it, or to roform it, or to Mfwp payment o~ any claims hereunder, said MORTGAGEE shsl! apply to the Court hsvirg jurisdictwn thereof fw the appointment of • Receiver, svch CouA shall forthwith appoint • receiver of said mortgsged property all and sirgulsr, i~tludmg al) and singular ~he income, profits, iuues and revenues from wMt~ver souroe derived, each and every of wh;ch, it being exprcssly undHStood, is hereby mw~gaged as if specifically ut forth and desuibed in the praMinp and habe~dHn dsuses hereof, and such Receivc. shall have all the bwd and effective funct~ons and powcrs in anywise enhusted by a Covrf to a Receiver, and such eppointment thall !•s made by wch Courf as an sdmitted eqvity and a mstler of absolute riyM to said MORTGAGEE, and withouf roferente to ths adeq~acy or inadequacy of the wlve oi the property mortgaged or ro the sonrerxy or inwlvency of taid MORTGAGOR o? the defenda~ts, and thaf such rents, profin, incort~e,-issves and ~evenues shatl be ~pplied by such Receiver acco?diaq to the lien w equity of said MORTGAGEE and Ihe practite of such CouA. 8. To duly, promptly and fully pe?form, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemenq, conditioru and coven~~ts in sa~d promissory note and th~ mortgage set fa1h. 9. That in the event the ownership of ~he mortgaged premises, or any part ti~ereof, becomes vesfed in a person other than the MORTGAGOR, th~ MORTGAGEE, its succeswrs a~d assigns, may, without notice to the MORTGAOR, dNl wifh such wtcessp or sutcessor in iNerett with reference fo this mor~gage and tlx debt hereby secured in the same manner as with Mortgagor without it~ ~ny way vitiating ar discharging ihe 1Nortgagors' liabilify hers unde~ or upon the deb~ bereby secured. No sale of the premises hereby mortgaged end no fabearance on the part of fAe MOQTGAGEE o~ its suaessora or assigns and no extens~on of ~he time fa the payment of the debt hereby secured giren by 1he MORTGAGEf w its successors or aasigns, shall opsrafe to releas~, distharge, moclify change or afFecf the original liability of tht INORTGAGOR herein, either io whole w in psrt. t0. ft is spec~fically ag~eed that t7me is of the esscnce of this conuact and that no waiver of any obligation he?evnder or of tha obliystion sa- cured hereby ahall a~ any time thereafter be heW to be ~ waiver of tt~e terma hereof or of the irauument secured herby. In addnio~ to the fwego:ng mo~thly paymants of prirK pal and interest required by the p?omiswry note secured <hereb ty and agrees to :t agee with each monrhly payrrteM an addi~ional sum esfimated by mortgagee to be eqval to i annual cost of the fdlow- irtg: A-All real property taxes levied a assessed against real . B-Premiums on fire and windstorm insurance as herein requ:r carried on t ~ 't~ate on the above desaibed premiaes. C-Prcmivms on such mortgage guaranty insura mortgagee shall from time to time deem fit fo carry on secvred hereby. Mwtaagee sha1l from time b tim y mortgagor in writing of the amount due and payable he?evnder and suth sum shal n be d~e and payabk on the due date o xt monthly paymeM and each succeuive month thereafter ur,til mortgagee shatl notify mortgagw of a tha ' wth amount. .a be applied by morrgagee toward tlx payment of real property taxes, insorance prem:ums, and mortgsgs gvsranty insurs IN WITNESS WHERcOf, the said MORTGAGOR has hereunto xt his hand and seal tF~e day and year fir a essid • „~p.~kd and iivered 'n the presence of: . n . ~ n , a srarE oF ftoa~aA ~ ~ courm of St. Lucie ~ ~ ~fOfe ~iiy Franklin ~1. Harris •nd Va 1 e r i e V. Ha I'r i s h;, w;te, ro me ,neu known .nd trwwn w~ns to b. the Individwls described in and who execvted the fws~goirg instrum~nt, and ackrwwkdged before me 1Mt they executed the ssme fw the purposes r~.~;~ .,y~~,~d. ~ ~,;d Valerie V. Harris w~fe of *ti. .~~a Franklin A. Harris .,~..fe .~,d ~~aa rxaminatiw~ by me taken separate and apart from her said hvsbsnd, ~dcrwwledped ro and b~fort rt~ that ihs exetuted said instrument freely and volu~ rarily u~d withoW ~ny compulsion, constraint, appreF~ens" . or fear of w from he? said huiband. WRNESS my hand and official seal this day of a t9 69 Notary ic in and for the Sut~ of Flwida at lup~ Retwn To: My C "uan sxpires: First fd~ra) S~virgs 6 loan Asiotiation ,~L~~Ntfllt~ ~ ~t! 0~ ~Oflai ~ ~ Of Fwt P~erce. : ~j~ ~~~/~~'si~' • ho~t Pierce. Ftorida . -~U',,•••••••,~~• ~i~~'~1 ~fIM 6. ~T1 ~ O~ " ~ F~M~ M I1~w~Rw ~ C~l Cy •j :'J• , d ' ~ = ~ = FII.EO AND RECOROEO` ' ~ ~ ;r• : ST. LUCIE COUNTY. FLA. This Instrument Prepared By ;f 0~,~ p~'GOR~J VE~IFIE~ First Federal Savings b Loan Association " ; ' ° = 1,78~..~ ~ of Fort Pierce ~ .Q . "s~~;=~~ ' '69 MAY 1 Z PN : t 0 Checked By John W. Collins - ~ ~ o ~ Noc~~O~TRas i/ 60UK1~ PAGEIO~ ~ CLERK CIRCUIT COUR? t ~4 ; ~ - - - ; - ° - . t,p,, _ 1~' x~~