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Home My WebLink About1317 ~ ~ f ~ ; - . 3. To plac~ ~nd continuously ke~p on tM buildi s now a hereahN sitvat~ oa iaid land and on ~II ~ e w~th all equipmeet ~nd p~nonally coversd by ~hi~ mo.tq~ premiumt the~eon p~+d in fulf, fire insu~anc~ in Ihe utual ita~dard policy fam, in a tum approv~d by tht MORIGAGEE, and windttorm Insura~~ in ths vsw! •randard policy fwnf, in a ium ~pproved by 1M MORTGAGEE, ie wch company w compa~ies at tM MORTGAGEE may direct= ~nd •II iir~ and winditorm ini~ranc~ pOliCiN on ~~y of said build~nps. ~ny inlere~t therei~ w part ti+~reaf, in IM a~q~e9at~ wm ~ior~said or in ~xc~ss thereof, shslf contsin tM uiwl ttandard mar~ay~ clavse a tuch otM? tlauss ~s tM Matpage~ may ~equir~, maYinp Ih~ loss unda said poli~ ~ cies, each ~nd ev~ry. payabts M said MORTGAGEE ~s in i~tcrest m~y ~ppear, ~nd each and evNy such policy shall b~ promptly ~s~:~ned and dclivered to any hetd by s+id MORiGAGEE a~ furtha security to said matpa~~ debt, a~d, nW ku tMn ~e~ (TO) days tn advance of tFa e:pi~aYrnn of e~ch polity, to d~- livtr to ~sid MORTGAGEE a renewal thereof, topt~her witA a rateipt for 1M p~emi~m of suth renewal; and Ihere shall b~ no fire or windatorm ins~ranc~ pl~t~d on uiy of aid build~nps, ~ny interest therein a p~rt thereof, unlou in tM form snd with tM loss payable as afaesaid; and in tM evt~t a~y sum of rtw~y becomes payable unde~ wch policy w polKies air! MORTGAGEE shall haw tM option ro receive snd apply the same on accovnt of ~he ind~bted neu sec~red Mreby w lo permit said MORTGAGORS to receiv~ and us~ it w any parl thereof for other purposes, without 1he~eb/ waivi~ig ot ~mpair- iny eny pu~ty, lien w righl under or by virtus of ~his morr9a~s; ~nd in the ~vent u~d MORTGAGORS shall tw any reason fai! ro keep ths said premisea io insu?ed, q fai) !o d~lives promptly ~ny of said pplicies of insur~nc~ to ssid MORTGAGEE, a fail promptly to pay fully any premium tF?erefor o~ i~ any respect fail b p~rfam, discharge, executs, effect, complete, compty with snd ~bide by this covenanl, q iny part hereof, said MORTGAGEE may piace •nd paY fw such inwrancs or any parf thereof without waivinQ w tffectir?D any option, (kn, equiq, or right unde~ w by virtw of this Mwtga~e. ~nd the full ~mount of tach and ev~ry wch payment ahall be irtwnediatety dw snd payabl~ ~nd thall besr interest from the date thereot unfil paid at the rate o1 nine psr centum psr arnum and ~ogether with suth intereat sMli be secured by the lien of this mort~age. I. To permit, commit q suffar no waat~, impairment w deterioration of said propaty q any part thereof. S. To pay sll u+d sir~ulu ths cost~, cMr9et and e~epenses includinp a ressonabk attorney's fee snd costs of sbatracts of title, incurred o~ paid at any time by said MORTGACsEE, because or i~ 1he event of the fail~re on fhe pah of the said MORTGAGOR fo duty, promptly and fully periorm, difchary~, execute, ~ffcct, tompleta, comply with and ab~de by ~ach ~nd every ths stipulations, sg~eemenrs, conditia~s, and covenan» of said promissory nore and this mwtgaga ~ny or eitF~er, and said costs, cF~upes and expenses, e~ch and every. shall be immedialely due and payable: whether or not there be notice de. mand, attempt to colkct ot svit pending; and the full amount of sach and every such psyme~t shall bea. intereit from the date thereof unrii paid at tht rare of nine per cenrum per an~tum; and all said costs, tharqes snd expenses incv~red or paid, togtther w~th auch interast, shall b~ secured by tM lien of this mortpay~. 6. °hat in the event of any breach of this M«tgage or default on the part of the MORTGAGOR, o? (b) i~ the event ~ny of ss~d wms of money herein referred to be not promptfy and fulfy paid within thi~ly (30) days next afte? the same seve~ally become due and payable, withovt dcmand pr notice, or (c) in the eveM each ~nd every the stiputations, agreements, cond~tions and mven~nn of :a~d promissory note snd th~s mortgsge any or either are ool iuly, p?omptly snd fully performed, dfuharged, exec~~ed, ~ffected, compteted, complied wirh and abided Sy, then in eitlu~ p any such erent the said aq~ gregate wm rrKnt'aned in said promissory ~ote then remaininq unpaid, with interest accrued. and all moneys secured hereby. shall become dw and pay- able fwthwilly w thereafte?, ~t the option of said MORTGAGEE, as fvlly and completely as if all of thr said sums of money were wigin~lly st~putated to be paid on wch day, anything in said p~om;ssory note a in this Mortgage to the contrary notwithstanding; and tlw.veupon w thereafter ~t the option of said MORTGAGEE, without notice or demand, suit at iaw or in equity, thcreiwe or thcrcaher begun, may tx prosecvted as if all moneys setured hereby had matured pr~w to its institvtion. 7. Thaf in tM event ihaf at the beginning of or at any tims pending any suit upon this N4ortgsge, or to fweclose it, or ro reform it, or to enfo~a payment of eny claims here~nder, said MORTGAGEE shall apply to the Coun having jurisd~ction thereof fw the appo~ntment of a Receive~, such Cour1 sF~all x forthwiM appoint a receivcr of wid mortg~ged pro~xrty all and singular, i~clud~ng atl and singular the income, profits, iuues and revenue~ lrom whatever wurce derivtd, each and every of which, it bein9 expressly understood, is hereby mwtgaged at if spec;fically ut fath and described in the 9rantir?p and habeodum clauses hereof, and such Receiver shall 1?~:~ ~II the broad and effecrive funcrons and powers in anywise entrustcd by a Cou.t to a Receiver, end such sppointment shall be made by such Court as an admitted eqvity and a matte~ of absotu~e right to iaid MORiGAGEE, and withouf retererxe to the adeqvtcy a inadequaq of the wlue of the property rnwtg~ged or to the w~ve~ty w insolvency of said MORTGAGOR p the defcndanq, a~ that such rents, profin, income, iuues and revenues shall b~ applied by such Receiver according to the tien or equiry of said MORTC,AGEE and the practice of such Court. 8. To duly, promptly snd fully perform, dixharge, execute, effect, mmpkte, comply with and abide by each snd every the stipulatio% agreement~, condit'ans and coverunts in wid pramissory note and this mwtgage set forth_ 9. That i~ the event the ownenhip of the mortgsged prNr+ixs, w any parf thereof, becomes vesfed irt a person other than the JkORTGAGOR, ths MORTGAGEE, its successws and auigns, may, without notice to the MORTGAOR, dea! with such successor a successor in interest with reference to this mortgaye and the debt hereby secured in.fhe same ma~ner as with Mwtgagor without in any way vitiating ot d~xharying the Morfpago~a' (i~bility herp unde~ or upon the debt hereby secured_ No aale of the premises 1~e~eby mortgsged snd no forbearance on the pan oF the MORTGAGEE or ib t~ccesson or auigns and no extension of the fime fw tFx payment of the debt hereby ucured given by the AM1ORTCaAGEE or its svcceuon or sui9ra, shall op~rate to release, dixharge, modify change w aftect the original liability of the MORTGAGOR herein, either in whole or in pa~t. 10. ft is spec~/icalty agreed that time is of the esxnce of this contrad and that no waiver of any obl~garion hereunder w of the oi~liyaYwn se- c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of t1~e i~strwnem secured herby. 11. In add~tioa to the fwego:~?g monthfy payments of princ'pal and imerest required by the prom+ssory note secur~l hereby, mortgagor covanants and agrees to pay to mortgagee with each monthfy payment an add~rionat sum est~mated by mortgagee to be equa! to 1; 12 of the art~ual cost of the fo!!ow- ~ng: A-All real property taxes levied w assessed agai~st the above desc.ibed real estate. B-Premiu~ns on fire and windstorm insurance as herein requ;red to be carried on the improvements situate ot~ the above described premises. C-Premiums on such mo~tgage guaranty insurance as mortgagee shsll irom rime to time deem fit to carry on the ban secured heieby. Mortgagee shall from fime to time norify mortgagor in writing of ihe amount due and payable hereunder and such surn shall thereupon be due and payable on the due date of the rtext monthly payment and each successive month thereafter ur.til mortgagee shall not~fy mo~fgagw of a change in such amount_ $uch sums sF.at( be appliecf by mortgagee toward the payment of real property taxes, insurance pr~m:ums, a~x! morfgage guaranty insurance p~emiums. IN WITNESS WHEREOF, the sa~d MORTGAGOR Ms hereunto set his hand and seal the day and year first a{aessid. sg~a, s~+i~a a~d ~~~~~?ed t~ P.~ur~ce of: F~~ED ,~,ND RECORDEO d ~~;~~F ~1G'Ut~~TY. F! A. a~ , r~:.._ i'79'.~i~3 ~ ~ .n n JlIK 2? w~ 11: 0 ~-n STATE OF FLORIDA ST ~ UJCIE ~ - couNn of Befwe m~ penonally apPeared Wil~j~• ~p~~~~,T and Shirley J. DOItIl@t' CLE ~ ` 6is wife, ro me wetl known and known to me to b~ the Fndiv;dwla described in and who executed the fwe9oinp instrument, a~d ecknowled9cd before me that they executed the same for the purposa rn~?e~~ exp,es,ed. And the ,a~d Shirley J. Donner wife of the said W11bur Donner opon s sep~rate and privat~ examinstan by me taken separate and apa?t from her said hu~ba~d, acknowledged to s~d befors me that she executed said instrumem freety and volum ta~ily and without any compuision, const?aint. ~pprehens~y, w feu of or from her taid husband. WITNESS my hand and official seal thit ~0 day of June ~ p 19 69 Notsry Pu in and fw the Stats of Fbrida at lupe Return To: My C ion expires: ~i /9 first Fede~a) Savinys 6 loan /luociation VOtdry ~K. St~~2 O~ Of Fwt P~erce. , fl0?1~3 ~t Forf aierce. Flwida ~~~IS1fO11,Expirrs A~,y. 6, ~9~ 1wi~b~6~aL~b11 . ' ~ . FtLEO AN~ RECORDED This Instrument Prepared By gj, LUCIE COUR?~,£F~A' First Federal Sav~ngs ~ Loan Association _ L R~ ~OR~3~ i~.~ of Fort Pierce " " _ ' i, ~ John w, Collina ~ ~Q : 27 ch~~ ay = ; ` . :69 JUN ~ ~ BOOK ~ 1 O PA6E33~6 r~ ~A~ v~ ~_ERK C RCUIT COURTI L--~ . n N ~ . _ - , ~ , _ ~ - - ~ , .5~~- ~-a = _ . ~_~r. _ ~.~~t~