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Home My WebLink About0458 ~ ~ To plac~ and contFnuov~ty k~ep on tM buildinps now a Mr~ahN ~itvab on saW lud aod on +II pvipm~et snd pKSOn~lly covKed by this map~ with ~II premivms ther~on paid i~ fvll, firo intur~nc~ in ~h~ uswl sta~+~ard poticy fam, in a ium ~oprowd by tM MORTGAGEE. and wind~twm inwa~ce b tl+~ viwl ~t~ndird policy tonn, in a tum approwd by tM MORTGAGEE, in wch company or oompaniq as ~M MORTGAGEE n++y dinctj u~d all fir~ and windstorm inswa~ polki~s on ~ny of Nld bViWiROl. MY 1N0f~31 (FNffl~1 OI pi11 fIfl~~O~, in tl» ppreyat~ wm ~for~aaid or In ~xcess ~henof, ~hall contain tM uswl standard martyspe~ clx~ a such othu clau~ ss tM Ma~~ape~ maY nquin, makinQ tlw !ws voda saed polE cie~, eacA and ~very. paYabk w said MORTGAGEE « its iotKest maY ~pp~a~. ~nd ~ach +nd ~wry such pol;cy shall b~ promptly asi:9n~d u+d d~livered to ~ny h~td by s~id NIORTGAGEE u further security ro aid mort9a~ debt, and, not kss th~n ten (10) days G+ adwnc~ of the ~~cp'uation of esch poticy, ro dr liw~ to s~id MORTGAGEE a?aoewal thenof. toq~tl~ with a rocapt fo? t~ premiun? of wd~ r~new~i; and ther~ shall bs no fir~ o~ windstwm insuranc~ pl~ud on ~ny of aid buildiaps, ~ny inter~at tMrei~ or put tMnof, vnku in tM fam ~nd with tF+~ loss piyabl~ ~s afor~saidj +nd h tFN ~wnt any swn of nansy becom~s payabl~ wider wch pclicy a polici~s said MORTGAGEE ihall haw tM option to rocaiw and apptr the iame on accow+t of tM indsbtsd~ ness ~ecw~d haeby a to permSt ssid MORTGAGORS ro nceiw and ua~ tt or ~ny part tF?ereof for o~her purposes, wi~hou~ thareb~ waiving a unpair- inp any puity, lien w ripht u~der w by vlrtvs of tNs mal~~~t and in tM twnt s+id MORTGAGORS sMll fp ~ny reason fail to keap the said p?~misea w insured, or faf( ~o d~liver promptly any of seid policies of insv.ance to said MORTGAGEE, a bil promptly to pay fully ~~r premium therefa or In sny reipeet f~il ~o pkiorm, dixh+r~e, execvte, effact, compl~te. complp with ~nd ~bids by this covensnt, or a~y part t~ereof, said MpRTGAGEE may plsoe a~d PaY fa ~~+~a a any put thKeof without -wahrinp o? affactteg any op•ion. litn, equity, or right v~de? w by vinw of this Monp~pe. u~d the tull amount of ~ach and ewry such p~yment sMll M im~r~cdi~tely dw and p~yab . and shall bear interest fran ths dat~ thereof w?til paio a~ tM wt~ oi ~ nine pK cantum p~r annum ~nd toyether with such i~te?est sh~ll be setured by iM lien of this mort~a9s, ! 1. To p~?mit, oommit w wffsr no wast~, impaimKnt or dete?iwation of said propKty o~ any pan tl?eraof. S. To pay all ~nd sinp~l~r tM coats, clwrpes u?d expa?ses, includinp a reasonabk attor~ey's fse and co~q of abstracts of t~Ns, incvrred w paid ~t t any tims by said MORTGAGfE, becau~ or in the ewr~t of ths failuro on tM p~rt of ths said MORIGAGOR to duly, promptly_ and fvlly perform, d~scMr~ execvt~, effen, complet~, compy with snd abtde by each u~d every tl+e itipulations, syreeme~n, conditions, and mvenants oi ~aid promissoryr note and thw s mwtyap~ any or eirher. and ~id cosrs, charqes and expsnses, eacF~ and every, sfiall be immediately dw and psyable; whether w not there b~ ~+otica ds mand, ~ttcmpt ro colkcf or wit pendin9; u~d tM full srtaunt of a~acF~ and wery wch payment iMll bear interest from the dats thereof until paW a1 N~e rate of ni~e pcr,centum per uwwm; and all said oosts, thuges and expensea inNrred or piid, fppether with sucb interyl, ahall b~ secured by 1M lien of this monQ~t. 6. Thst (a) in N~e evenf of any breach of this Mortgps or default on ths part of the lNORTGAGpR, or (b) ;n the event aoy of said wms of money herein referred to be not promptly and f~lly psid withi~ thirty (30) days next after the same uveralty bacome due ar~d payabk, witlav~ dem+nd w no~ic~ or (c) in ths sw»t esch ~nd svery the stipvlatio~s a9reements, conditions and covenants of sa~d promissory ~ote and tltis mortq~ye aey w athsr an not iuiy, p?omptly and fully performed, d~xharged, executed, ~ffected. completed. complied with and abided by, then in eithor a any such ~v~nt 1M s+id ~g gregate wm ment'aned in said promissory note thert remainirp u~paid. wit!? interest atuued, snd ail moneys secured herebY. shill betomt du~ and pay- sble fwthwith~ p iMlfNNN~ st the option of said MORTGAGEE, as fvlly and completely as if all of the wid sums of money were wiyin~lly stipulated to be paid on such diy, anything in said p?omissory note w in this Morigage to the tontrary notwirhsranding; and rherevpon a thereafter at tM option of sa;d MORTGAGEE, without notice w demand, wit _t law w in puity~ 1IfHlfWQ Of 1F?tfNfiK begwy may be prosecuted as if all rrwn~ys secyred hsreby had matured prior to ib institutia~. 7. That in the event that at the beginninp of w at any rime pe~ding sny :uit ~rpon fhis Mortgage, or w/orectose it, w ro teform tt, or ro enforc+~ paymer~t of any claims hereunder, said MORTGAGEE shsll apply fo 1!x Court havi~g jurisdidion thereof for the appointment of ~ Receiver, such Court shall forfhwith appoint a reteiver of said mort~aged proQerty sll and sin~ular, includ~ng all and singular the incane, proiit~, issues and revenues f~om whatever wurce derived, each and evcry of which, it beiny expressly ur?derstood, is Aereby matgaged as if spec~fically set forth and described in the prsnti~g and habendum clauses hereof, and such Receiver shall Mve all the broad and eHettive funtt~om and powen i~ anywise entrusted by a Court to a Receiver, and •uch appointmem shall be msde by svch Court as an sdmi»ed eqvity a~d s matter of absolute rigAt ro seid MORTGAGEE, and without reference to ths adequacy w inadequacy of the vsluc of the properry mortgaged o? to the solvency o~ insolvency of taid MORTGAGOR p the defendann. and that such renrs, profits, income, iuves ~nd revenues thall be applied by such Receiver according to the t'~ o? eq~ity of wid MORTGAGEE and the p?actice of wch COuR. 8. To duly, p~omptly and fully perfwm, ctucharge, execute, effect, compkte, oomply with and ab'~de by each ~r+d every the stipulations, egreemenn, conditwns and covrnann in said promiuory oote and this mortgage set fo?th. 9. That in the event the owncnhip of the ewrtgaped prem;ses, or ~ny part thcreof, becomes vested in a pe?son other thsn the MORTGAGOR, the MORTGAGEE, ib successors and sssigns, may, without r?otite to the MORTGAOR, dtal with sucF~ suttessw or successor in intaest with reference to this mortgsge ~nd the de41 htreby setured in the same manou as with Mortyagor wifhout in any way vitiating w discharging the Mortgagors' liability hera- under or upon the debt hereby secured. No sale of tFK premises hereby mortgaged and no forbearance on the part of the 1NORTGAGEE or it~ successo~s w sugro u~d no extension of the time for ths payme~t of the debt hereby secured given by Ihe MORTGAGff or its succeswrs or assiyns, sMll operate to rekase, dixhar9e, modify change or affecf the original liability of the MORTGAGOR herein, either in whole a in part. ! 10. It is spec~ficatly agreed that time a of the cssence of this tontrad and tf?at no waiver of any obligation hereunder or of the obligation se- cured I~ertby shall at any time thercafter be held to be a waiver of the terms hereof w of the instrumenl secured herby. 11. In additio.~ to the fwego:ng mon~hly payments of princ'pal and interost required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with esch monthly payment an add~rional sum estimated by mortgagee to be equal to 1/12 of the an~uaf cost of the foilow- ing: A-All real property taxes levied or assessed egainst the above described real estate. B-Premiums on fi?e and windstwm insurarttt as herein required to be carried on the improveme~ts sitvate on the above desvibed ptemisa, C-Premiums a~ such mortgage guaranty insurance as mortgagee shall from f~me ro time deem fit to carry on the (oan setured hereby. Mwtgagee shall from time to time notify mo.tgsgor in writi~g of the amount due and payaWe herevnder and ~uci~ sum shsll the~eupon be due and payable o~ the due date of the neat monthty payment and each successrve month thereafter urtil mortgsgee shall not;fy mortgagw of a change in such i amount. Such wms shail be applied by rtwrtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwnr.te p~emivms. - IN WITNESS WHEREOF, the said MpRTGAGOR has hereunto set hia hand snd seal the day and y~ ? firtt aforesaid. Sipned, Seskd and delivered ir? the presence oE: ` . n , •n ~ ~ STATE OF FLORIDA courm oF - St. Luci~ ~ ' ` lefwe mt personally ~ppeared JO}!II HDZIIQ~ J!. ~ s~ ~YY L.e~ Horne his wife, to me well known and known to me to b~ the ind'rvidwb dewibed in +nd who exea,ted the foreyoirg instrumeoL and acknowledped befors a+e that they sxecured the sarn~ for th~ pwposes rherein expressed. And tM sa~d ~2'Y l.~! }jOtl1~ ~ .<<~, wife of rhe aid .~0~1L KOIAl~ J!. ~ examination by me take~ seQsrate snd apart from her sa;d husband, ~dcrwwl ~~*f f~~~~~ tuil and without m com Isioo, constraint, s ~ a~d befwe m~ that sM executed s~d t fr~. aqd.volun- Y Y P~ pp.e j,q feu of or from her ~ad husband. ` v~ WtTNESS my ha~d ~~d officiat seaf ihit i day of .~1m! r,•'. ~r---~.-,:::~~ ; ~::~o _ w~ ~ . ~'e~i.~.r:r` = ` ~ ~ - ' - Not~ry PuWit fn ind fw tM~: ~ at~~: c' ROEy~ eomm;i.an .xpi.e.: n,n,? J ~ = - Retum To: • C~ U" ~ ~ ~ . \ • F~nr s:,,~~,Q. a~ ~..~.r~«? FIIE~ A RE FI.A• -3- 7~ 4 Of Fort Pierca ~gT.1.UC~E Cv~R~E~ . ~ PK«<. F~a~~ ~tF.C~Rn _ , Z9 : ` ; . ! A ~~N ~ 2 pM 12 . This Instrument P~epared By ~a ~ First Federal Savings b loan Association ' of Fo~t Pierce 0~-K ~~~~~~s RT' ~ lobn ut_ c~iiin: _ CLERK C~RCUIT COU ; Check~d By ' ~ ~ f ~ 78 P~f 457 ~ , ~t ~ yy ~ ~ ~ , . . - ' . _ . _ _ ' ~ _ s~_~ ~ ~