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Home My WebLink About1491 , i t ) . ; i ~ To plac~ ~nd con?Inuously kcep on tM buildieg~ now w M•~afia utvaN o~ said land and oe ~II eq~~prwnt N+d pKSOn~lly covK~d by this mat~ +g~. with ~11 pr~mi~ms thereon paid in ful1, fir~ insuranu in the usual stardsrd policy fwm, in • fum approv~d by Ihs MORiG~4GfE. ~~d windsrorm inswu~c~ (n tM vawl ~t~nda~d pol~cy form, in a:um appraved by tM AAORiGAGEE, in such compiny or companies as ~M MORTGAGEE n+ay dinctt ~nd all fin and wind~~orm inaura~ policies o~ +oy of taid build~~pa, ~ny iot~r~~ tMrein w part tt+erwf, in tlr ap~rep~h sum ~faesaid w In ~:cr~s thereoi, sh~ll con~aln tM viwl ifandud mortpsga~ clauie or such o~ha clause aa tk~ Mort9apse may reqvua. mak;np ih~ lou ~nda~ said po1F c;e~, each and ewry. payabl~ w iaid MpRTGAGEE as ~n inTercit may appear, ~nd ~sch u+d ~ivery tuch policy shall b~ promptly ~u.~ned a~d d~livKed ro +ny hNd by iaid MORiGAGEE as fw~he. iecurity ~o isid mortgag~ deb~, and, oot ku thao ten p0) d~ys in ~dvsnce of tF+~ expi~+tion ot ~sch policy, to dr ' I~vN to said MORTGAGEE a renewal thereof, top~~hK with a receipt fo? tMe premium of such renewal; and ~hsre ~hSll b~ ~+o f~re w winds~orm insw~ac~ ! pl~pd on any of said building~. ~ny interesl tMrein w pa~t thereof, unleu in the form and with ~M lou paysbte aa ~fwssaidj ~~d in th~ evtnt ar~ swn of na~sy beca++es pay~ble under such policy a polKies taid N{ORTGAGEE ~hall haw the opr~on ro reueive and apply tM sarrw on accoum of tM ind~bted- ~ nes3 setwed hOreby a a petmit ssitl MQRTGAGOR$ ro retliw and us~ it p any part thereof fa qther pwppses, wilhoul thereb~ waivi~ig w~mpair• inp any puity, lien or r'ght unda w by virtve of this morspage; and in the went a~d MQRTGAGORS sh~q fw any reason fail to keep tM aid pnmises so inw~ed, a faii ro detiver promptly any of said policies of insu?anc~ ro said MORTGAGEE, or fail promptly to pay fvlly ~~y premium therefw or in any respect fail w pKform, discharge, ~xecute, effect, complete, comply wifh ~~d abid~ by thia cove~am, w ~ny pait hsrwf, said MORTGAGEE may pl~ and wr fw such inw~ancr w ~ny part thereof without w~ivinp or ~ifactin~ sny opt~on. lie~. equity, or righ~ unde~ a by rirtw of thls Matp~e, and tM full imo~rnt of t+ch and ev~ry such p~yrrKnl ahall be imrnsdiately due and payaWe ~nd sMtl bear interest from 1M date thcreof until paid ~t th~ rat~ of nine p~t ceNUm psr arnum ar~d +o~eihtr with such interest shatl be secvred by 1he lien of th;s mortyage. To ptrmit, commit or suffer no wuts, impsi~meM or deterioration of said property or any puf the~eof. 5. to psy all and ainy~ls~ the costs, chugea and expenses, includirg e rcasawbk attorr~ey i fee and wsts of abstrasri of title, irKUrred or p~id at any time by' ~aid MORTGAGfE, because or in the went of~ the failure on the psrt of the ssid MORTGAGOR to duly, prompdy and fvlly perform. d~scha~gR execute. effec~. comple+e. comply w~th aod ab~de by each ~nd every the st~pularions, sgreamenb, cond~tior?s, snd covenants of wid promissory not~ and this mort~aye any a eitAer, ar~d said co~ts, th~rges and expenses, e~ch and every, thaN be immedialely due and payable: whNher w ~wf ther~ be eotice d~ mand, attempt ro collect or suit pending~ and the full amouM of cath and every wch paymtnt shall be~r interesl from 1he date thereof until psid at the rate of nine per centum per annum; and ail uid coats, charges end expenses intvrred w paid, togethe? w~th such interest, shall be set~red by tht lien of this '^wt~a+9~• . Q Tfiat (a) in tM event of any breach of th~s Mortgs~e or default on the part of the MORTGAGOR: w(b) in the event any of sa~d iums of moner herein referred to be rat prompNy and fully paid within thirty (30) days nexl after the same teve~aNy become due and psyaWe, wilhout demand pr notica, or (c) in the event each and every ~he stipu;ations, a9reemenn, condiYwns and cov~n~nts of ss~d promissory note and th~s mortpaye any or either ~n no1 iuly. promptly and fully performed, d~uharged, execvted. effected, completed, complied with a~d abided by. then in either or sny such went tM t~id a¢ gregate wm mentioned in ,wid promiuory rate thert remaining unpaid, with ii~irreat accrued, and all moneys secured hereby, sF?~II betome dw ~nd pay~ able fwthwith, or thereafter, at the option of said 1NORTGAGEE, as (ully ~nd completely as if all of the said wms of money were aiginally st~pulated to be paid on s~?ch day, anything in said promluory note w in this Mwtgage ro the co~trary notwithstareding; and thereupon p thereafte~ ~t th~ op~ion of iaid MORTGAGEE, without notice or demand, suit at law w i~ equity, therctore w thereaher beg~n, may be prosecuted as if alt morwys s~w~ed hereby had matured priot to in institution_ 7. That io the event that at the beginning of or at any time pending any suit upon Mis lMwtgags, or fo foredos~ it, or to reform it, a to enforp paymer?t of any claims hereunder, wid MpRTGAGEE shall apply to the Court having jurisdiction thereof fa the ~ppointment of a Receive?, such touA sMfl foithwith ~ppoiM a receiver of said mortgaged property all and singular, i~ttud~ng a~l and singulsr the intome, profiri, issues and revaxres from wi~atevtr sovrce derived, each and every of wh~ch, it being exp?cssly u~rstood, is hereby nw,.:yaged as if tpecifitally set f«~h and described in the yr~nriny and habendum clauses hereof, and svch Receive~ shall have +II the broad and effective fvnct~ons and powers in anywiu entr~sted by a Court to a Reteiver, tnd such appointment shall he made by such Court aa an admitted equity and a matter of absolute right ro said MORiGAGEE, and withovt reference to the adeqvaty w inadequacy of the value oi the properry mwtgaged or to the solverxy or insolvency of said MORTGAGOR a fhe defendants, sr?d that such rems, profits, inceme, ~uues and reven~es shall be applied by such Receiver according to the lien w equity of said N10RTGAGEE and Ihe pr~ctice of such Court. 4 8. To dul , ram tl and full fwm, dixhar ~ Y P P Y y p~+ ge, execute, effect, mmplete, comply with and abide by each and every the sfipulatrons, agreeme~b, conditior?s a~d covenants in sa~d promissay ~ote and this mdngage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the N~ORTGAGOR, the M.dRiGAGEE, irs successo.s arxl ass+g~, may, wi?hovt rwi;ce to the MORTGAOR, de~1 with such successw w successor in i~terest with refe.e~ce to this mortgage and the debt hereby secured in the same manner as with Mortgsgw without in any way viliatirg a diuharging the Mortgagprs' liability hert under w upon the debt hereby secured. No sale of the premixs hereby m.ortgaged end no forbearance on the part ot Ihe MOQ)GAGEE a fts successors or as~igns and no extension of the time ior the payment of the debt hereby secured given by the MORTGAGEf or its sutcessors or assigns, shall op~rate io releax, d~scharge, modify change or aifect the w;g;~al Iiab~Sity of the MORTGAGOR herein, either in whole w in part. 10. It is speuficatly agreed ~hat fime is of the essence of this conmact and thaf ~o wsiver of any obtigarion heretinder or of tla obliyation sa- cured hereby shall at any lime thereafter be held to be a waiver of the terms hcreof p of the Instromem secvred herby. _ 11. In add~tio~ to the forego:ru~ monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor tovenants ~nd agrees to pay to mortgagee v`ith each monthly payrnent an add;~ional sum estimated by mortgagee to be equal to 1/12 of the annua( tost of the foNow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Prem~ums on fire and windstorm insurar,ce as herein requ~red to be ca.ried on the improvemeats situate on the above desuibed premises. C-Premiums o~ zuch mortgage guaranty insurance as mortgagee shall from time to time deem fit fo carry on the loan secured hereby. Mortgagee sha;l from time to time notify mortgagor in writing of the amount dve and payable hereunder and such wm shall thereupon be due and payable on the Jue date of rhe next monthty payment and each successive month thereafter ~r.til mortgagee shall notify mortgagor of s change in wch amount. Such sums sha!I be applied by mortgagee toward the paymeni of real property taxes, insurante prem:ums, and rtwrtgage guaranty inwr~nce premivms_ IN WITNES~ WNERErJF, the said MORiGAGOR has hereunto xt his hand and seal the day and year first aforesaid. Siyned, Se~led and delivred in the presence of: - n ~ ~ _ ~ t ~ ° { ! STATE OF F10RIDA ```t~~~~~ ` rf ' S couNnr oF ~ t. Luc ie ~ ~ . - t ` - • ; Befwe m~ penonally sppeared .j0~'lA $ • (,'e1116I ~ •~o~; ~ - - Charlotte Ar~n Cemer his wife, to me weli kn'~`Y~r(n:~~ Lp~i . = rhe individwb dexribed in and who executed the forsgoirg instrument, and acknowkdged before me thal they execut ~t}~i ~~1h~'.~y r~= a:.~ . ~ . : rhe,~;n exp„essed. ,L~d ~1~ .a;d C r otte At1]n Cea~er w;~s of tM ,~~d John S. Cener s.;'~; ` opsl!~ l~ep~rat~ fA~ ~i~ examin~tion by me taken upa.ate ~nd apart from her ssid husband, +du+owiedged to and befae me that the executed said it~ylhen~f~fie~l~bio~ v04un- rarily and without aoy compvlsion, constraiM. ~ppre , q feu of or from her said husband. ~ 7~~ WtTNfSS my hand and official sea! thi . ~y ~ p, 19~_ ` / • t . FIL-ED AND p~~,ry P„~K i~ ~nd for the Sute of F{orida ~t luy~ ST. LUC~IE UNT (.q, Mr • a~r~?~ ro: RFCORO IED NOTAl1Y PY6UQ ~TpTE Of FLOAi~A IiT UIRoE Finf Fed~~a! Savin~s 6 losn Assoc~at~on t?yQ/~ C~ MY CaMMfSS10N EXPIRES NOY. Y9~ 187Z O( Fo~t P:erct. ~Q`~V qNDEO 7iiRO~an rqEO I?. n~FaTC~Hpw~. Fort Pierca Fbrida +~9 ~Y 19 PM '•~8 ~..~'~~`~l'~R~ ~ This (nstrum~nt Prepared By ROGER r~01TRAS i First federaf Savings 6 loan Associati~LERK CtRCUtT COURT~ ~ of Fort Pierte Checked By J.. Ch~?st in s ox 1?? P~1489 ~ . ~ ,~.;zG ~ _ - _ . ~ _ - - .