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Home My WebLink About1116 J. To placa and con~inuously k~ep on ~M buildi~ys now a he~eaftK sitvat~ on sa~d lantl a~~d on ail aquipment u+d pe~sa+ally coversd by this mon~- ag~, with all pr~miums thereon paid in tuli, fire insurance in tFa usual ~tandard policy fam, :n a sum tpprovad by the MORTGAGEE, and windsto~m iniur~nn in tfie usual itandard pol~cy fam, in ~ sum ~pproved by ~M MORTGAGEE, ~n iuch comp~ny or companies u IM MORTGAGEE may dir~cl~ ~nd all Fln ~~+d windstorm i~wrae+ce policiei a+ any of said buiid~nps, ~ny interost thercin w pa~t lhereof, in 1he apgreyate tum ~fo~eiaid or in extess thereof, sMll contain th~ uswl standard matgagee clause o~ such other clausa ~s tM Mortpages maY requ~re, maAinp 1M lou unde~ said polG cies, each and every, p~yabie to s+id MORTGAGEE ~s its imere~t may appe+~. and each and every such policy sha~l be prompt~y au qned ~nd delivered to any he~d by said MORTGAGEE +s further security to ssid mortyage debt, and, not I~ss thsn ten (101 days in advance of the expiratron of e+ch polity, to dr liver to isid MORTGAGEE a re~uwai theroof, tope~her with a rece~pt fw Ihe p~emium of iuch rc^-wal; and there shall be no f~re a windsto~m insura~ce pl~c~d on ~~y ~f said build~ng~, any intere~t ~herein or part thereof, unleu in ihe form and with the loss p+yabie ai afaeuid; and in tha eveM any ium of money becomet payabk under such poliq or policiei uid MORTGAGEE ~hall have the opt~w+ to receive and apply the same on account of Ihe i~debted- neu setured h~reby w to petmit said MORTGAGORS to ?eteiva and use it or ~ny part ~:xreo( for oihc? purposes, without Ih.reb/ waivi~~g or ~mpair- ;n9 any p~;ty, li~n q right ue+der w by virtus of this mo:tgage; and in tha event said MORTGAGORS shall for any reason fail to keep the uid premisrs so i~su~ed, or fail lo deliver promptly any of said policies of insurance to said MORTGAGEE, a fail p~omptly to pay fulty any premium therefor w in any respecl fail to p~rior~, discharge, executs, effed, comp:ete, comply with and abide by this cove~ant, a any part hareof, said M0~2TGAGEE may plsce and pay fa tuch inwrant~ o~ aoy pan thereof without waivinp or affectirg ~ny option, lien, equity, w right under a by virtw of this Mortgsge, ~nd the full amo~M of each and ewry iuch paymeM shall be immediately due +~d payable snd shall !~+r interest from tAe date thereof ~mit paid at the rat~ ol nine pe~ centum per annum and together with such interest shall be secured by the lien of this mortgaga. 4. To permit, tortvnit or su(Fer no waste, impairment or deterioration of said property w sny parf thereof. 5. To pay all s~d singulu the costs, charges and expenses, irxluding a reasonable :~wney's fee and costs of abstratts of title, incurred w paid at any time by said MORTGAGEE, besause a in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully pe~form, d~scharge, ezecute, sffett, comptete, compty w~th and abide by each and every the stipula~~ons, agreements, conditions, and covenants of said promiswry note and this ! matgape any w either, snd said costs, charges and expenus, cach and eve?y, shatl be immediately due and payable; whe?her or not tlxre be notice da ' mand, attempt to collKt o~ suit pending; and the full amount of each and every svth payment shall btar inrerest fram the date thereof ~ntil paia ~t the ~ rate of ni~e per centum per amtum; and all said msts, charges and expenses incurred or paid, logelher with such interest, shall be secured by the lien of this mwt~a9e. i 6, That (a) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in the event any of sa~d sums of money herein referred to be not promptly and fully paid within Ihirty (30) days next after the same severalty become due and payable, withavt demand w notice, o: (c) in the event each and every the stipulations, agreements, conditions and covenants of sa~d promiuory note a~d th~s mortgage any w either are nof ~uly, promptly and fully performed, d~xharged, exccuted, effected, completed, complied with and abided `ay, the~ in either or any such event ths said ag gregate wm mtntiontd in said promissory note then ?emaining unpa~d, with interest accrued, and all moneys secured hereby, ~hall betome due and pay- able forthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if a!I of the said sums of money wcre originally s~ipuleted to be paid on such day, anything in saEd promiuory note or in this Matgage to the comr.., notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, witho~~t notice or demand, suit at law w in equity, therefwe or thereafter begun, may be prosetuted as if all moneys secvred hereby had matured prwr to iri institution. 7, 7hat in the event that st the beginning of or at any time pending any suit upon this Mwtgsge, o~ to fweclose it, a to refwm it, or to enforce payment of any claims he?eunder, wid MORTGAGEE shall apply to the Courl having jurisdiction thereof for the sppo~ntmenl of a Receiver, svch Co~rt shall Forthwith sppoint a receiver of said mortgaged prooerty all and iingutar, includ~ng all and ::.^-~ular the income, profits, +ssues and revenues from whatever wurce derived, each and every of whKh, it be~ng expressly unders~ood, is hereby mosrgag~ as if spec~lically set forth and dewibed in the granting and habendum clauxs hereof, and such Reteiver shall have al! the boad and effective funct~ons and powe~s in anywise entrusted by a Court to a Reteive~, and such appointment shall be made by such Court as an ad:nitted equity and a matter of ebsolute right to said MORTGAGEE, snd without refere~ce to the adequsty or inadequaty of the value of the property mwtgaged w to the so~vency w insolvency of said MORiGAGOR or the defendants, and that such reros, profiK, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, discharge, execute, effed, complete, comply with ahd-abide by each and every the stipulations, sgreements, } conditions and covenants in sa~d promiuwy note and this mortgage set forth. 9. That in the event the own~nhip of the mortgaged premises, w any part thereof, becomes vested in a person other thsn the MORTGAGOR, the MORTGAGEE, in successors and assigns, may, without no~ice to the MORTGAOR, deal with such successw or successor in interest wi~h reference to this mo~tgsge end the debt hereby secured in the same manner as with Mortgagor wilhout in any way vitiating or distharging the N!ortgagors' liability hertr under w upon the debt hereby secured. No sale of the prem~us hereby mortgaged and no forbearance on the pah of t!x MORiGAGEE w its successors or assgns and no exrens~an of the time fo? the payment of the debt hercby secured given by the MORTGAGEf or its successas w assigns, stiall operate to release, distharge, modify cr.ange or affect the orginat liabllity of ~he MORTGAGOR herein, either in whole or in part. t 10. It is specifically agreed that time is of the esunce of this contrsct and that no waiver oE any obligat~on hereunder or of the obligation se- i cured hereby shali at any time thereafter be held to be a waiver of the terma hereof or of the instrumenl secured herby. 11_ In add~tio~ to the forego:ng monthly paymants of princ pal and inte~est requ~red by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly pay~nent an add~rional sum est~mated by mortgagee to be equal to 1- 12 of the annual cost of the iollow- ing: A-All real property taxes levied or assessed against the above described real esrate. ~ 6-Prem~ums on fire and windstorm insurar.ce as herein requ:red to be carried on the improveme~ts situate on the above described premises. ~ C-Premiums on such mortgage guaranty insurance as mortgagee shail from t~me to time deem fit to carry on the ban secured hereby. ~ Mortgagee shall from time to time notify mortgagor in writ~ng of the amo~~t due and payable hereundrr and s~ch sum shali thereupon be due and Fayable on the due date of the next monthty payment and each successive month thereaffrr ur,til mortgagee shall notify mortgagor of a change in such ~ amount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insurance oremiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seai the day and y r first aforesaid ~ Sig Se !ed and lii i presence of_ al) ~ (Sean ~ Z SeaO ~ (Seal) . ~ ~ SiATE QF FLORIDA ~ ~ courmr oF St. Lucie z eefore me persooally appeared ~~~~ld D. ~;cCorl:le a~ Jeannie h.cCorkle his wife, to me wdl known and known to me to be ` rhe individwls described in and who executed the fwegany instrument, and ackrawledged befwe me that they executed the same fw the purposes ~ ~ rherein expresscd. And tix said Jeannie ~iCCOr}Gl~ ; ~ wfte of the ssid :Zona].d D. PiCCorkle op«? a sep..~re and pr~vr. examinaYwn by me taken separate and apart from her said hvsband, ecknowledged to and befo~e rt+e that she exetuted said irouvnt~M freely ~red volun- ; ~ rarily and withovt any compulsion, constraint, apprehemion, q~ fear of or from her said husband. i: 3 ~ WITNE55 my hand and official seal thia ~K day of June .t_._:~ p.>19-._^5,9 ~ ~ E C(i@DED _ ~''.~~tv , _ ~ ri~; FILED AND R _ ST, I.UCIE COUNTY, FLA. Notary Public and fw the Sbte of Fbf~Qs ~ ~ ~~.CCf~' 1 :~~~~=R~n M; Commisseon eapires: ~~'.~~7~ ' ~ _--t• ~ Retum To: ' - . ~ Fint Federal Savings 3 loan Aswciat~on - ~ Of Fort V~erce. J~~ 2 y PN 3 = ~jq . , ~ Fort Pierce, fla~da • ~ Ia'""`~ . . } ~ 6 i ~ `?0~-F- . i'OITR:.S This Instrument Prepared By JCLbRKC~17~,'~~r~OURT ~ First Federal Savings ~ loan Association ~ ~ of Fort Pierce , ~ 1 o r ida ~ ~ ~ Checked By 60fRtK ~ f 8 PACf ~ ~ ~ c f , ~ _ _ . > : ,c ~ i: ~ ~~~s~~'9"~~`~-~"-~-,r..c~~.~. r__ i~^`~_.,_...., . ..z,~_?~ ~