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Home My WebLink About0550 . ~ ~q 3. To plaq and contin~ously keep on th~ buitdug~ now or hK~aftN ~i1wt~ on said land and on ~!I p~fpment and p~non~ly cownd by this matp• ~p~ with dl p~miwns theraw~ pald in full, fih G?sw..w in tM uswl s~~ndud policy form, in ~ avm ~pprowd by tM MORTGAGEE. ~od wi~twm tn~wanc~ in tM inwl standard pol~cy fam, i~ a wm ~pprowd by ~h~ MORTGAGEE, k~ wch con+pany w oomani~s as tht JNORTGAGfE may dir~dt and aN tin and w~ndaronn irawana polici~i on ~ny of s+id 6uildi~„ any inr~rwt thereio or part tMreoi. in tM apprepar~ wm aia~wW o? In ~xoea thetwf, ~hall contain tFw wv~l atarxlud mortqaqM da~s~ or such otFw~ cl~us~ as tM Mwty~ maY reqvir~. m~kinp th~ loss unda sacd poti. ciss, ~ach aod ~wry. paYabl~ ro s~id MORTGAGEE as ib intK~st ~Y appw. and each and ~wry ~~ch policy sha11 b~ prompty as:pnad and d~liw~ad to sny h~ld by ~aid MORTGAGEE +s funh~r security ro aid mort~a~ d~W. ~nd, ~at lass thrn an (10) days in sdv~nu of th~ expiration of each policy. ro dr liv~r ro uW AAORTGAGEE a nnew~l tFwreof, lop~tiwt with • roc~ipt for the premivm of wch r~newall and ther~ sMil b~ oo fu~ w windstorm Fntur~nct pt~pd on any of uid hvildirga, sny interat tiwr~ a p+rt tl?Keof, unless io tM form ud with tM loss p~yabl~ q ata~saidj ~nd in tF~ ~wnt ~ny wm of moMy becomes payabq vndM wch potky a polici~s aid MORTGAGEE shali haw tM optan ro rsceive and spply fh~ wr?~ on accoum of tha i~dsbted~ r?eu ssnu~d I~~by o~ b psrmit saW MpRTG/1GOR5 b rectiw ~nd tq~ it or any put thereof 1w orhe~ purpoies, wi~hout fhereb~ waivir+9 a unpair- inp ~nY pvity. IiM or right w~d~r or by virtw of tNs mortpap~t and in th~ ~vent wid AAORTGAGOitS shall fa any nason fail to keep tM ~id p?smises so insured, w f~il 1p ddiva ptomptly any of s~id polities of i~qwu~t~ to ssid MQRTGAGEE, a fail promptly lo p~y futty soy premium fherefor o? in anY nspecr fall to pKformi, discha.ye, execut~ ~ffect, com~let~ oomply with aod abids by Mis cownant, w any pan hKSOf, s~id MORiGAGEE m~y plaa ~~d paY for ~ud~ tntua~x~ w any part thereof without wahinp a ~ff~ctinp any option, li~n, aq~~ty. w r'~yht undN a by vinw of this Maty~ps. and tM full amount of ~ad~ and ~wry s~ch paym~nt shall bi immedi~t~ly dw ~nci p~yable a+od sl~all beu interest from th~ dat~ thereof until p~id ~1 ths ~ah oi nine per cM+tum pK ~nrwm and to~ethar with wch interest sh~ll b~ secy~ed by th~ liu~ of this mort9spe. 1. To pKmlt, oommit w wffa no ws~tt~. impa'ument or dttKioratan of s~id prop~.q a any put tMrwf. 5. To p~y all and ~iegul~ the ootts. ch~rpe~ ~nd ~xp«?ses indudinp ~ reasonable ~~orney's fee u~d oosh of ~bit?sct~ of titb. incuned o. paid any time by said MORTGAGEE, becsuse w in ths ~vent of the failws on ths part of th~ said MOR~GAGOR fo duly, promptly ~nd futlY parforrty dischuy~ execute. affact, complet~, oomply with and abide by ~ad~ ~ed ~very tM itip~lstions, ~reements condirions, ~nd cowna~tt of said promiuory not~ and thi~ ma~gpe any w arher. u~d iaid costs. char9e~ ~nd cr;~+s~s. ~ach and svery. shall be immedistety dve and pay~bfr, whethsr or not tAa~ b~ norice da mand, inempt to coUea er w~t p~ndlrg: aod tF?e full amount of each •nd every wch psymem shalt bear imerest frwn the da1~ tF?t~eof „nril p~id at tM rate of nine per centum per annum; and all said costs, ch~~9es a~d axpensea inw?r~d or paid, top~ther with suth intapt, thall b~ secured by th~ lan of thiq mwt~~. 6. That (a) in the ~vent of any bresch of this !No?tpsy~ or defsul? on the psrt of the MORTGAGOR, or (b) ;n fM event ~ny of seid sums of ma~ey herein referred to be not promptly and fully paid ~~'.•hin thiry (30) days next afte~ the same seve~ally become due a~d p~yable, without demand or nptice, or (c~ in the event each ud wery tht stipulations, sgnements, cw~ditions and mva?ants of said promisswy note ud this mortpspe any p ~itha? sre no1 iuly, promptly u+d fulty pe~formad, discF?ar~ed, executed, ~ffected, completed, complied with and ~bided by, then in either or ~oy uxh ewM 1M said ~g gregat~ wm mentaned in said promitswy note the~ rem~inirg unpaid. with iMerest acuued, and ati moneys secvred hersby. shall becom~ dw and p~y able fathwith, w the~eshes, at tM option of said MpRTGA('iEE, u tully and compktely as if all of the said wms of moaay were ori9inally stipul~ted to be paid on s~rch day. anythirg in sa~d prom~asory ~ots a in this Mortyaye to the contrary notwithataeding; and the~eupoe or thereafter at th~ op~ion of said MORTGAGEE, r?itFavt notice o~ dert~aod, wit at law or in puity, Merefo~e w the~a~aher begw~, may be pros~cuted u if all moneys s~cv~ad hereby ' had matured prqr fo ib institutioe. • i r 7. TMt in the eveat that at the beginninp of w st any tims pe~ding u~y wit opon this Mo.tgage, or to foreclose it, w to reform it, a to enforce ' PaY~t of ~ny claims hereunde~, said MORTGAGEE shall apply to the Coun havir+g jurisd~ction thereof for the appo;nrment of a Receirer, such Court ihall forthwith ~ppoiM s rKeive~ Of said mort9aped properfy all and iin~ul~r, intlud~ng ~II ind sinqular the income, profits, issues and revenues from whatrver wurce dsrived, each and eve+y of which, it bei~g lxpressly underitood, is hereby mwtgaged as if specifica(ty sef forth and destribed in the prantiny snd haberidwn dauses hereof, and wch Receiver shsp Mve all the broad and effecrive fvnctiau end powen i~ anywise entrusted by • Court to a Receiver. and such sppointme~t shall be made by such Coun u sn :dmitted equity and a matta of absolute right ro said MORiGAGEE, snd withovt reEerence to tha edequaty w in~deq~acy of the value of tAe property mortgaged or to the solvency or ;ruolvenqr, of uid MORIGAGOR w the defendants, snd that such ?ents, profin, iocome, iss~es and revenues shall be applied by sw.h Receiva sccord'ug to th~ lien ot equity of said MORTGAGEE and Ihe practice of svcA Courl. 8. To duy. Pr«^Pth +nd fvl(Y Perfwm, dacharge, execute, eHect, te, ' conditans and coven~nts in said om' COf^P~° CO~'?P~Y with ~nd abide by eadi ud every the stipulations, ayreemenf~. ! pr tuwy note a~d this mortqsge set fwth. . i 9. That in the eveot the ownenhip of the mon9ayed premises, or any psrt thereof, becpnes vested in a person olher th~n tM MORTGAGOR, th~ ~ MORTGACaEE, its :uccessors and suigm, msy, w;thout notice ro the NWRTGAOR, deal with such succeuw a wccessor in interest with refcrence to this mortgage and ?he debt hereby setvred in the same mar?~er ss with Mortgagw without in any way vitiatin9 p discharging the Mortysgors' liability here• under a upon the debt hereby secu~ed. No sale of ths premises hereby mwtgaged and no fabearanae on the psrt of the MORTGAGEE w iri successon or euig~ snd no exteruan of the time for the payment of the debt he~eby secwed given by ttrc MORTGAGEf w in successws w auipns, sh~U operat~ ro rekase, d~scM~pe, modify cM~ w affect the original lisb~liq of the MORTGAGOR herein, ~ither in whota or io put. 10. It is :pecificaliy agreed th~t time is of the essence of this cor?trad and that no waiver of eny obligatio~ hereunder er of ths obligation se- cured F~arcby sh+ll at any time thereafter be hetd to be ~ waiver oi ths terms hereof w of the insrrument secured horby. 11. fn add7~ion to the fwego:ng monthly payments of princ'pal and interest requered by the promisswy note secured hereby, mortgsgor covenants and agrees to pay to mortgagee witb each mw~tt?ly paymeM an sddirional sum estimated by mwtgagee to be eq~al to 1/12 of the annua) cost of the follow- 'ng: A-All real property taxes kvied w assessed aqainst the above desvibed rest estate. B-Premiums on fiie snd windsrorm insvrance as herein requ'ued to be carried on the improvemewts situate o~ the above destribed ptemises, C-Premiums on such mortgage guaraety insurance as mortgagee sha11 from time to time deem fit to carry on the (oan secu~ed hereby. Nlwtgsgee shaN from time ro time notify mortgagor ;n writing of the amoum due and payable herevnder and ivch wm shall thereupon be due and payabk on the due date of the next mortihly payment arxl each suctessive mon/h thereafter until mortgagee shall notify aqrtyagor of a change in s~xh amount. Such sums s}:all be applied by mortgagee toward the payment of real property taxes, irnunnte prem;ums, ~nd mortyage yuar~ty ~rqw~Me premiums. IN WITNf55 WMfRfOF, the said MORTGAGOR has hereunto set his hand and xal the day and yest fi ;t aforesaid. ? ~~Y1/, n.._ . c1~~~ th~ p?esence of: S 1 lam . a ver h . ~ - ? ~ . ~ STATE OF~QC OHIO ~ y A M 1 LTo~I courm oF Defae m~ p~rsonilly appeued - W i 11 iam L ~ 1 v_ r t uid Jane F. Calvert his wife, ro me well known ~nd known to me ro b~ ~ ~ the 'ir~iriduab deKrili~d in and who sxewted ths fwpanp instrument, and ~tknowled9ed before me thst they executed the sams fw tM purposes n±e:et~",:~:~,ea. n„d q~.,,;~ Jane R. Ca2vert ,,,,~f~ 4a „b r- William L. Calvert i,p,n ...p.,,re .nd P,h,:r• ex~instion by me t t!n a~psrsN and apsrl from her taid h~sbsnd. ~dcnowlacl~ed to and b~fore m~ that she executed said irotrwner?t freely and volvo- ta~ily artd without ~n~ ywrfpulsan, corutraint, aPPrcMroio~. fex of or from her aid Fwsband. WITNESS taj?~ and offkial seal thit /2 ~ ~y o{ .)t111e A. D. 19 69 ~1,~ A ' • - RECOR~ ~ ~ • ..~I=s:,, . ~ 0 [ - q - ~ ~~~E ~OUN? ~EO ' Nofsry Pubtic r~ .~,a ra tFw Stafe of~~~C oHlo . • R~turn Ta ~ S?• ~ `f~ R` ~11y Co~wnission ~xpira: Ff~ ~'794`7`-~ wi~u~M scxi~oo~ ~ a ~ ~.t~«, f of Fo., P;~.~. ~ `6 10 ~ S ~ ~ ~m'~ ~ ow fwt Pierce, Florida ~tl~ I'Y~ ~ 4~74 v R ~R ~~,j ~OUR~ This Instrument Prepared By C`RCU~T First Federol Savings d. Loan AssociationCL-E.RK of Fort Pierce Checked By J. Chastain ~oax~7'8 PA~ 5~9 ~ ~f . . _