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Home My WebLink About1329 ' ~ 3. To plac~ and continuously k~ep oe~ tM buildin~s now w M«+ftK ~ituat~ on said le++d ~nd on ~11 eq~iprn~nt ~nd paaoe?ally cov~~ed by this matQ~ ~ sg~, with all pnmiums thereon p~id in full, firs Insur+nc~ in ths vsuat st+ndard policy iwm, in a tum ~pprov~d by tM MORTGAGEE, •nd wind~to~m in~uranq in tM uiusl s~andud policy iam, in a sum spproved by ~F+t MORTCsNGEE, i~ such comp+ny or comP+nies ~s the MORTGAGEE may direttj and all fir~ ~nd windirorm insw~~w policies on +eY of said build~np~, ~ny interes~ tMr~in a part the~eof, in IM ay~rey+t~ ivm afor~aid w in exceu 1he~eof, ~11 contsin the uswl usndard mortyape~ clause or such o~ha clauss ~s th~ Mortyaye~ may requin. m+kinp tM lou ~nd~~ s+~d po1F ues, each and evNy, paYabk to uid MORTGAGEE as ib inte~est may appe~?, snd each and every i~rch poliq shall b~ prompllY asa:~~ed and doliv~red to •ny Mld by iaid MORTGAGEE ai fu~~her security to ssid mortq~y~ debt, and not leu tF~:n ten (10) days in advance o( the ~xpiration of aach policy, ro d~ I~ver ro iaid MORTGAGEE ~ renewal theteof, topa~hK with ~ ~eceipt fa the premium of such renewal; and there shsll be no fire or winds~am i~sv~+nc~ placet! on ~ny of said buildinps, any inte?est therein or put thtreof, unless in the iwm and wifh tM lou p+yable as a(weiaid; ~nd in tF+~ evtnt any wm t of mw~ey becomet payabl~ ~n~r wch policy or policies said MORTGAGEE shsll hsw the option to reteive snd apply ~he same on accouM of the i~debted- i ness satured Mtsby or w permit s~id MORTGAGORS fo tetaiw u~d us~ i1 q anY pa~t thereof (or other purposes, avithout thereb~ waivi~~g w~mpair- ~ ing any puity, lien w ri9ht ~~de~ w by virtue of this mortyaye; ~nd in t1~t svent wid 1NORTGAGORS thall fw any ~csson fail to kcep the said p?er~~ses so insured, a f~il to deliver promptly a~y of said policies of insura~c~ fo said MORTGAGEE, or fail promptly to p+y fully any p.emium theiefo? w in any reipacl fail to ptrform, dischuye, execvt~, ~ffect, tomp{ete, comply with snd sbid~ by this tovenant, a any part hereof, said MORTGAGEE msy plsce and pay for such inwranc~ w~ny pa?t thereof without w+ivinp w affecti~g any option, lieo, equiry, a r~ght under a by virtue of thii Mort9aye, and tfie full amount of tach u~d every tuch p+yma+t shall be immadiately dw and paYable +nd shall bcsr interest from ths date thereof umil paid a1 tM ~ate of ~ ~~ne per centum per annum and together with iuch intcrest shall be secured by t!a lien of this mortpsge. ~ 1. To permit, oonunil a wffer na waste, lmpai~ment o? detcrioratan of said property o? any psrt thereof. ' 5. To p+y all a~d singvl~r ths costs, chu9es u+d expenses, includirg a reasonsble anorney s fee and costs of sbstracts of title, incuncd a p~id ~t ; any time by said MORTGAGEE, becavse or in tM eveM of the failure on the part of the said MORTGAGOR 1o duly, promptly snd fully perform, d~xhu9e. •x~cvte. effect. compkt~, comply w~th ~nd sb~de by each snd every the st~pula+a~s. agreements, conditiau, and cove~ants of said promiuory note a~d this .r.ortysg~ u+y w either, and sa;d cosn. ch+rges +nd expenses, each and evc?y, shatl be immediately dve ~nd payable: whether a not ther~ be notice d~ mand, attempt ro coltect o~ wit pending; and the fvll artaunt of each a~d every svch payment sT~all bear imerest from the date thereot until paid at the rate of nine per centum per ~nnum; and all said cosb, charges and expenses incurred or paid, together with such iMerest, s:wll b~ satured by the lien of thu '^ap~y~• 6. Thst (a) in the ev~nt of any breach of this Mortgage or defa~lt on the part of 1he MORTGAGOR, w(b) in the event any of said svms of monsy herein refe?red to be ~?ot promptly aod f~11y paid within thirty (30) days next efter the same seve?ally become due and p+yable, without demand or notite, w(c) in the evea~t each and every the stipulations, agreements, conditions and covenants of sa~d promisswy note and th~s mortgage a~y a either are aot ~uly, promptly and fully perfwmed, discharged, executad, effected, completed, complied with and abided by, then in either w any such event ths said sg gregate sum mentioned in ssid promissory ~+ote then remaininp u~aid, with intersst ~ccrued. and all moneys secured hereby. shall becane dw and p~y- able fwthwith, w theresfter, at the optan of said MORTGAGEE, as fully ard compktely as it att of the said sums of money were originally sriputated ro be paid on svch day, anything in said promiuory note w in this Mwtyage to the contrary notwithstanding; and ~hereupa? or thereahe~ at the option of sa~d MORTGAGEE, without notice a demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all rtw~eys secvred hereby had msWred pnor to ib institution. ' 7. Thaf in the event that at the begin~ing of or ~t any time pending sny suit upon this Mortgage, or to faeclose it, or to reform It, a to enforc~ payment of sny cla~ms he.eunder, ssid MORTGAGEE shail apply to the Court having jur~sd~c~ion thereof fw the appointment of a Receiver, such Court sha~l forthwith sppoint a receiver of said mortgaged (xoperty all srd sirgular, includmg all ar.~ singvlar the income, proiits, iuues and revenves from whatever ; source derived, eath and every of which, it bting expressly understood, is hereby mwtgaged as if spetificalty set falh and deuribed in the yranting and ~ habendum clauses hereof, snd such Receiver shall FWVe all the broad and effective funct~ons and powers i~ anywise eMrusted by a Court to a Receiver, ~~d :uch appointment shall be made by such Court as an admitted equity and a matter of absolute right ro said MORTCaAGEE, snd without reference ro the adequscy a insdequacy of the v~lue of the properry mortgaged or to the so~vency w insolvency of said MORTGAGOR a the defendants, and that ~uch i rents, proiin, income, issues and revmues shall be applied by such Receive~ according to the lien or eQuity of said MORTGAGEE and the practice of such CouA. 8. To du1y, promptly snd fully perfwm, d'acharge, execute, effect, complete, comply with and abide by tach and every ths stipulations, ~greementt, conditans and coven~nts in said promisso?y oote and this mortgage set fath. 9. That in the event the ownenhip of the mortgs9ed premises, a any part thereof, bemmes vested in ~ person other thsn the MORTGAGOR, the MORTGAGEE, iri succeuon and auigrn, may, witFwut notice to the MORTGAOR, deal with auch successor or succeasw in interest with ~eference to this mort9sye and tix debt hereby setured i~ the ssme manrKr as w+th Mwtgaga withovt in any way vit;atiny or discharging the Mortgagors' liability hera under a~pon the debt hereby secured. No sale of the premixs hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successw~ o~ ~uigns and no extension of tF+e time for the payment of the debt hereby secured given by the NSORTGAGE'_ or its successors w auigns, slull operat~ to rekase, discharye, modify change o? affect ihe orig~nal tiab~l~ty of the MORTGAGOR herein, either in whole or in part. ~ 10. It is spec~fically agreed that time is of the euence of this contract and that no waiver of any obli9at~on hereu~der w of the obligation sr cured hereby shall at any time thereafter be held to be • w~ner of the terms hereof w of the instrument setwed herby. 11. In add~tion to the forego:ng monthly payments of prin~ pa! and interest requ~red by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mo:tgagee with each monthly payment an addiiional sum estimated by mortgagee to be equal to 1/12 of the an~ual cost of the follow- ing: i A-All real property ta:es lev:ed or assessed against the above described real estate. j B-Premiums on fire and windstorm inwrance as here~n requ~red to be carried o~ the improveme~ts sitvate o~ the above dascr~bed prem'~ses. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to csrry on the (oart setured hereby. , Mw?gsgee shall from time to time notify mortqagor in writing of the amount due and payable hereurtdrr and such sum shall thereupon be due end ~,jyable on the due date of the ne:t monthly payment and each successive month thereafter ur~til mortgagee shafl notify mortgagor of s change in such { amount. Such sums shail be applied by mortgagee toward the payment of ~eal property taxes, insurarxe prem;ums, a~xl mortgage guaranty insurance ( nrf ~miums- ! ~ 1 IN WITNESS WHfREOF, the said MORTGAGOR has hereunto set his hand and seal the day and yrsr fint sforesaid. J- 5"i`d a`~a a~r a~'M`° °f: F~LED AND REC~RDED' ` • ST. LUCtE COUNTY. FLA. ~ _ ~ .i`~s~~`;~ ~ ~ ~ STATE Of FLQltIDA 'G9 JUl~ L~ ~'1 I 1• O I ~ ST . UlC I E ~ u- ~ couNTr oF ~ erfore me personally appeared Robert~: ~1~~ $ ~ Frances L, Webber CLFRK CIRCUIT COURT hii wNe, to mc well known and known to me to be ~ rhe individwls described in and who executed the forega instn~ment, and ~cknowledged before me that they executed the same fw the purposcs ~ rherein expressed. And the sai' ~ranees L. Webbez ~ ~ Robert O. Webber w~fe of the said ~pon a seps.ate ~nd privat~ ~ examinatan by me take~ iepante and epart from her said husbsnd, atknowledged to and before me tFwt she exesuted said instrumeM freely and volurr ~ rarily and w7thovt a~y compvlsion, consrraint, sppreh~ra~on, or fesr of w from he~ ssid husband. ~ WITNESS my hand and official seal this 13th d~y of 'J e A. D. 19 69 " Nwary Public in and (a the State of Floridt ~t l+rye f ' My Commissioo e:pires: ~ r Retum 10: ~~~~•~~:•:~:c~n.r. ! ~a ~ 0~ F{Ofj~i at " Firtt Federal Savinys 3 loan Association " ~ " 1: S ~ ~j9 ~ Of fort P~erce. ~ t v• • j~ (~f10~ E~ + H ii? a Cas..Rr fort Pierce. Flwida ~ ' O ~ • • ~ • - • " - - Fi~EO aNO RECOROE ~ - - - FLA. - - - - ~ ~ ; _ - ST.~ R~J ~v~TF EO This Instrument P~epared By ~ ir~[~4'7~ ~ ~ First Federal Savings b loan Association . ~ ~ ~ ~ 5 ~ ~ of Fort Pierce - 6 ~ ~Q ~ '69 JU~; I ~ Checked By John W, Collins ~ ~ - ~ B~R~~ ~ i~O,~R ?OITR:.S ~ ' CLERK C1RCU?T COURT~ ~ ~ BUGK~70 PACEIJ~,O ~ ' . ~ ~ ~ _ - - .~~k.~ _ _ _ _ = n~. ~r~~