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Home My WebLink About1277 To pl~n ~nd contievouily k~ep on tFN buiidinys now or h~~e~ft~~ wtwt~ on saW land +~d on stl equipm~e~ and ptnooalty covKed by thi~ mwt~- p~, with ~ii prtmiums ther~on psid in fvll, fir~ irtsu~~nc~ in ths usual ifandird pOliCy fwm, i~ a sum ~pprov~d by IM MORTGAGEE, ~nd windtto~m iniw~~u in th~ vswl standard policy torm, in • wm spproved by tht MORTGAGEE, in suth company w companiea as 1h~ MORTGACaEE n~+y dirMt ~~d alt fir~ ~nd windiwrm inwrance policies on any of said buitd~np~ a~y int~r~~t therein o~ pa~t tlurwf, In ths ~pyrepate wm datsaid or In ~xcas tMreof, shall contain tM u~ual standard mwtga~a~ clsuss a such otha claus~ ~s tFN Maty~ge~ may ~eqvin, makinp tFa loss u~der said poli~ des, each +nd every, payabk ro wid MORTGAGEE ~s its interett may appsar, and esch a~d ~very iuch poticy shall b~ promptly ~u:yned and delivaed ro sny held by s~id N10RTGAGEE ~s furthsr secvriy to said mortpsQe debt. and, not I~ss Ihan ten (10) days in sdvance oi Ihe expir~tio~ of ~~ch policy, to d~- IivN to said MORTGAGEE a renewal the~eof. topethN with a receipt fw the premivm of tuch re~ewal; and ther~ shall be no fue a winds~am inwranc~ p~so~d on ~ny of s~id buildinps, any interett tF~erein or part tMreof, uoleu tn the fo~m and wifA ths loss payable as +iweuid; ~nd in the event ~ny awn of nwn*y bsc,ornes payable w+d~r such policy a policiss said MORTGAGEE ahall haw the opt~on to receive and apply the same on acrnu~t of ths indsbted- ness setur~d h~reby pr tp permit said NIORTGAGORS fo reteive ~nd uss it p any pa~t thereof for other purposes, withovt thereb/ waiving w arepain tnq any puiry, li~n u rpht under or by virtue of this mortyaye; and in ttw event ia~d MORTGAGORS sAaU for ~ny reason fail to keep the saic! premises so insvred, or fsll fo deliw? promptly ar?y of said policies of insuratxe to said MORTGAGEE, or fail p~omptly to pay fulty any premium therefw ot in any respect fail to psrform, discharqe, ~xecute, afiecl, comptete, comply witA and abide by this cov~.wnt, a any part hr~eof, said MORTGAGEE may pl~ce ~nd paY fot such inw~ant~ ot any paA thereof without waivinp a affectinp any option. lien, equity, w righf under a by virtue of thii Mwtyape, ~nd tM full ~nw~M of ~ach and ~v~ry such paymenl shall be immediately dw and payabls and shatt bear intmest from the date thereof vnt+! paid at the rate oi ~~ne per unrum p~r aruwm a~d together with such inte.est sMll be secured by tha lien of this rtwrt~age. 1. 7o p~rmlt, oanmit or suffa no waste, impairment or dete~aration of said properly o? ~ny paN thereof. 5. To pay all and singula the cosb, ch~rges snd expenses, includi~g a reasonable attwney's fee a~d costs of a~tracri of title, incvrred oi paid ~I any time by said MpRTGAGEE, because or in the event of the failure on the pa?t of the said MORTGAGOR to duty, promptly and fvlly perfpm, dixha~94 execute, tffect. complet~, cwnply with and ab;de by each and every the stipulat~o~s, eg~eements, condiiwiu, and covcnaots of said promissory nole ~nd this mortgape any or ei~ha, and said coats, charges and expenses, each and every, ahsll be immedialely due and payable; whether or not there be notice da mand, ~ttempt to coltecf or suit ~~dingj and the full arnovnt of each and evary such paymenf shall bea. intereet from the date tMreof until paid ~t th~ rate of nine pe~ centvm per annum; and all ssid costs, charges and expenses incvrred « paid, together w~th such interest, shall bt setured by ths lien of thia mort~+y~- 6. That (a) in the eva+t of any breach of this Mutgage or defaulr on the part of the MORTGAGOR, w(b) in the event a~y of sa~d sums of money herein re(erred to be not prompNy and fully paid within thirty (30) days next after the same severatly become due s~d payabk, without demand or notice, or (c) in the event each ~nd every the stipvlations, agrecments, conditions and covensnts of sa~d promissory note and this mwfqeye any w either sre nof ~ iuly, promptly and fully performed, d~scharged, executed, effected, completed, compi~ed with and abided by, then in either or any such event the wid ag gregate sum mentaned in sa~d promissory note then remai~i~?g unpaid, with ~merest actrued, and all moneys secured ht~eby, shall become dw and p~y- able forthwith, w thereafte~, at the option of said MORTGAGEE, as fvlly ard comptetely as i! all of the said sums of money were piyin~lly atipulaled to be paid on such day, anything in said prom~uory note or in this Mortgage to the contrary notwithstanding; and 1Aere~pon w thereafter at the option of said MORiGAGEE, without notice w demand, wit at law or in equity, thcrelore w:hereafter txgun, may be prosecuted as iF aN mo~eys sacursd hereby had matwed preo~ to its irotitvtion 7. That in the event that ~t the beginning of or at any time pending any wit upw~ this Mortgsge, or ro foreclose it, or ro reform it, a to enforu payme~t of any claims hereu~der, said MORTGAGEE shall apply to the Cov+ !+aving jur~sd~ciion fhereof for the appointment of • Receiver, such Courf sMll Forthwith ~ppoint a receiver of said mortgayed prope~ty all and s;ngular, inci~d~ng all and singular the income, prof~ls, issues and revanucs from whatever wurce derived, each and every of which, it being expressly understood, ia hereby mortgaged as if specifically xl fath and dewibed i~ tF+e 9rantiny and habendum cl~~es herepf, and suth Receiver shall have atl the broad and effective funchons and powers in anywise entrus)ed by ~ Court to a Receiver, and such appointment shall be made by wch Court as a~ ad:nitted equity and a malttr of absolute rigAt ro said MORiGAGEE, and withwt ~eference to the adeq~acy or inadequacy of the value ot the property mortgaged w to the soivency or insolvency of said MORlGAGOR w the deiendants, and that such renrs, profits, income, issves artd ~evenues shrl! be appl;ed by such Receiver xcord~ng to the lien or equity of said MORTGAGEE and the prattice of such CouA. i 8. To duly, promptly and fully perfwm, diuharge, execute, effect, complete, comply with and ~bide by each and every the stipulations, sgreements, conditions and covenants in said promisswy note and this mortgage set fonh. 9 That in the event the ownenhip of /F~e mortgaged premius, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, iri successon and suigns, may, without notice to the MORTGAOR, deal with such succeuor w successor in interesl with reference to this mortg~ge and tFx debt hcreby secured in the same manner as with hbrtgagor without in any way vitiating or dixha~ging the Mortgagors' liabiliy hera under or upon ~he debt hcveby secured. No sale of the premises hereby mortgaged a~d no forbearance on ~he part of the MORTGAGEE w its successors ; w auigns and no extension of the time for the payment of the debt hereby secured given by ~he MORTGAGE£ or its successors w auigns, shaN operate ~ ro release, discharge, modi{y change a affect Ihe original liabil~ty of the MORTGAGOR herein, either in whole a in part. t 10. tt is specificaliy agreed that time is of the essence of this contrac? and thal no waiver of any obligation hereunder or of the obligation se- cured hereby shsll at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 1~ In addition to the forego:ng monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor~c~ov ^ and agrees mortgagee with each monthly payrnent an add~rional sum esun;ated by mortgagee to be equai to 1/12 of the annual ~I-ef" a f1~i ollow~ ~ ing: -1______---~__ i 's A-All real prope.ty ta:es levied w assessed aga--~'~st~Av-ebo c.ibed real estate. B-Premiums on fire and windstorm insurance as here~n requ:red to be rovemeats s+tvate ort the above descrikxd prem;ses, C-Aremiums on such mortgage guaranty insurance a ee shall from t~me to ti~ne deem fit o~a the ban setured hereby. Mo?tgagee shatl from time to time n' gagor in writing of the amount due and payable hereunder and svch w thereupon be due and payable on the due date of t monthly payment and each succe:sive month thereafter urril mwtgagee shaH ratify mortgagor o nge in such amounl. $uch s-s}fa apptied by mortgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranfy e P!SID~ ' IN WITNES$ WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year firsf aforesaid. , Sea and de!' in the presence of: o aao RECOROEO ~ , UC?E COUNTY, F~A• •n .t r~~,. 1~~-~FIErJ a4 . , ~ ~ i,~~4 - ~ n °`.'-`:'`---i n 57ATE OF FLORIDA ~.1 PI'~ y5 - couNn of st. Lucie ~~g 2~ + Before me peno~alty appeared v81@=i~ ~ T C' his wife, to me well known and kr?own lo me to b~ the individwb deuribed i~ u~d who execut weyoiny instrument, and acknow{edged befwe me that they executed the same for the pvrposes ~Fxrein ~xpressed. Md fhe sa~ ' Vslel'ie V• ~Z=~S t w~~e of ti+~ said Frd11~C1~1 a• HSrl~s upon a uparate ~nd priv~t~ ~ examination by me taken separate and apart from her said husbsnd, aclcnowfedqed to snd 6efws me that s}u executed said irqtrumeM f~eely a~d volun- tarily ~nd w;thovt any compulsio~, constraint, spprehero~on, ~fear of or from her said husbsnd. WITNESS my IMnd ~nd off'~cial seal thi: oZ S day of A. D. 19~_ ' No~ary Publ' ~n and fw the tate of Florida ~t tarpe Return Ta My Comm' ion expire~: ~r- 6, / fl 7'~ Fint federsl Savirgs 3 loan Aiwciation Of Fort P~erce. ' . ~_ac. State ot Horida at luqe . FvR Pierce. Flweda ~ ' ~ ~ ~+OeIA~fS100 c+y~w ^yN b. 1911 . l~Nd~carf~~ifie~csir . _ ~ ~ ' i ! This Instrument Prepared 8y John W. t,bllins : : First Federal Savings ~ loan Association - • ~ " ~ ' ~ ' of Fort Pierce ~ Florida ~ ~ , , _ ' . ~tc. : - = ~ JQ.f~ ' , ~j y0~~~~ii+.~?I~?" t Checked By ~cl,~n ~ ~ . ~ ~ Baax ~ 78 ~12 '7~i ~ - . ; , - - _ , _ _ ~ ~ ~ ~ ~ . ; ~~:n~~