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Home My WebLink About1349 , , , . 1 ~ ~ . ~ 3. To pl~c~ ~nd continuously ke~p on tM buildirys now or h~r~~ft~? Wtuatt on aw ~u~d and oo all equipment ~nd p~nautly covered by lhii mort~ •y~, wi?h ~II psmi~ms ~F+ereon p+~d in full, firo inswanu in tM uwal ~tu+dsrd poliq fwm, in a sum approved by tM MORTGAGEE, +nd windttwm ~ inw~~nc~ tn tM viwl iundard pol~cy fon+4 ii+ + wm approved by ~I~e MORTGAGEE, in such comp~ny or companies as ~1w MORTGAGEE may direttj ~nd ~II iir~ ~nd windsrorm inivranp policies on ~ny of said b~i!di~ps, any inttrtst therei~ or put thereof, i~ tM apg~eg+te s~m ~fw~said w tn ~xce~s thereof, tMll contain th~ usu~1 itandard mortgage~ ciaus~ w such o~her clsus~ as tM Mortpa9ee may ~equin, makirg ths lou ~nde~ uid potF cies, esch and evay, payable ro s+id MORTGAGEE as its interett m~y app~ar. +~d each and evs~y svch po!iq shall bs promptly su:9ned and delivered to •ny held by ~aid MORTGAGEE ~s furthe~ secvrity to s+id matp~ye d~bt, ~r+J, not leu tha~ ten (10) days in advar+ce of tM expi~atio~ of esch policy, ro d~- l~ve~ to said MORTGAGEE • rcnew~l thereof, to~etF?K with a receipt fo~ the p?emi~m of tuch ra~ewal; ar~d there sh~ll be no fi~e or windstorm inivr~nc~ plst~d on ~~y of said buildinps, any inter~st ther~in or p+rt thereof, unleu in the form and witA 1M bu p+yabk ai afweuid; and in the ~v~nt any tum of money becanes p+ysble ~oder such policy w policas said N?ORTGAGEE shall have ths optan to receive and apply the s~me on accoum of thr indebted ; neu secured hereby w to permit s+id MORTGAGORS ro receiw and us~ it w sny part thereof fw ofhcr purposes, without tharebf waiving w~mpa~r- i ;rg ~ny equ;ty, lie~ or eigM unde? w by virtue of this morspa~e; snd in the went said MORTGAGORS shaU fw sny reason fail to keep tF+e said premises so ~ inwred, w fai) !o deliver ptomptly ~ny of said polities of insurant~ fo s~id MORTGAGEE, w fail promptly to pay fully any premium therefw o? in any ! respect fail b pN~orm, diuharge, execute, ~ffact, complete, comply with and abide by this tovenanL or any pa~t hereof, taid MnRTGAGEE may place and ; paY for such insuranc~ w+ny part the~eof without waivinp or affactinp sny optan. 1':en: eq~ity, a rigM vnda w by virtw of this Mortyaye, and the i full amovnt of sach ~nd ~very s~ch p~ymenf shall be immediately due and payable and sha11 bear interest from the data thereof until paid ~t the rate ot ~ nine pa ceetum pa snnum and together with suth interest shall be secured by the lien of this rtarty+ge. 1. To permit, commit w suffer no waste, Impairment w deterioration of wid property w any paA thereof• 5. To p+y ~II u+d sing~lu the cwn, charyes snd expenses, incl~dinp a ~easo~able a~tane~ s fee a~d costs of abstrocts of title. incurred w paid ~t any time by said MORiGAGEE, lxcsuse a in the evsM of the fsil~~e on the paM of tla said MORTGAGOR to duty, p~omptly and fu11y perform, d~xhar9e, execute, effed, complcte, comply with and ~b~de by each and every the stipul~tions, agreemen". conditia+s• and covenants of said promiuory note and this ~ mort9~g~ sny or either, and u~d cosn, charyes and expenses, sach and every, shstl be immediately due and payabte; whether or not there be notice do- msnd, sttempt to collect w suit pend~ngt and tF~e full amouM of sach snd every such pav~*+eM shall bear interest from the date thereof uotil paid ~1 the ~ate of ~ims pe~ centum per annum; and all said msts, cMrges and expenus irKUrred or paid, together with such interest, al+~Il be setured by the lien of this mort~ape. _ ? 6. Th~t (a) in the event of any breach of thia Mwtgage or defaulf on the part of the MORTGAGOR, w(b) in the evenf any of said sums of mor+ey ! herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand o~ notite, or in the event eath and every the stipulations, agreements, conditions and covenants of sa~d promissory note and th~s mortgage any a either ~re not ~uly, prompHy and fully performed, discl~arged, executed~ etfected, completed, complied with and abided by, then in eithe~ a any such eveM tM said a¢ gregate wm mentaned in said promissory note then remaininp unpaid, with imerest accrued, and all monry~ setured hereby, shall become dw and pay- able falhwith, w there~fta, at ths option of said hARTGAGEE, as fu~ly and complefely as if sll of thc said sums of money were o~ig~nally it~pulated ro be paid on such day, anything i~ ss~d promissory note or in this Mortgage to the contrary notwithstanding; and thereupa~ or thereafta a~ the option of said MORTGAGEE, without notice w demand, suit at law or in equity, therefwe or thercafter begun, may be prosecuted as if ~II ma~eys tecured hereby had matu~ed pnot to ib institution. 7. Thst in ths event fhat at the be9inning of or af any fime pending any suit upon this Mortgage, o? to foreclwe it, or to refwm~it, or to enfo?ce i payrn~nt of sny claims hereunder, said MORTGAGEE shall apply to the CouA having jurisdiction thereof for the appointment of a Receiver, such Cour1 shall Forthwith appoint a receiver of said mo~tgaged prqxrty all snd singula~, includmg all and si-~gular the income, p~ol~ts, issues and revenues fram whatever seurcr derived, each and every of whKh, it being expressly unders~ood, is hereby mortgaged as if speuficalty set forth and described in tlx q~anti~g and habendum clauses F+ereof, and such Receiver shall Mve all the broad and effective fvnc~~ons and powers in anywise entrusted by a Court to a Receiver, and iuch sppointment shall be made by such Court as an admitted equity and s ma~ter of absolute righf to said MORTGAGEE, snd without reference to the adequscy or inadequac/ of the value of the p?operry mortgaged or to the soivency w~nsolvency of said MORTGAGOR a the defendants, and that such rents, profits, i~cane, iuves and revenues shall be applied by such Receiver according to the lien or equ~ty of said MORTGAGEE and the~practice oI such Court. 8_ To duly, promptly and fvlly perfwm, diuharge, execute, effect, mmplete, comply with and abide by each and every the stipulations, agreements, conditans and covenants in said promissory note and this mortgsge set forth. • 9. That in the event the ownership of the inortgsged premixs, w any part thereof, becomes vested in a person other than the MORTGAGOR, tM MORTGAGEE, its successors and augns, may, withou~ notice to the MORTGAOR, deal with such succeuw w successw in interest with re'Fcrence to 1F~is j mo~tgage and the debt hereby secured in the same manner as with Nbrtgsgor without in any way vitiating a disthargi~g the Mottgagors' lisbility hera- ~ under or upon the debt hereby secured. No sale of tF~e p~emises he~eby mortgaged and no iorbearance on tNe pan of the MORTGAGEE or its successo?s or assigns and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGE'_ or its s~ccessors or aui9rts, shall operate to release, dixF~arge, mod+fy change w affect the orig~nal liab~l~ty of the MORiGAGOR herein, either in whole or in part. 10. It is specificatly agreed that time is of the essence of this contracf and that no waiver of any ob~igat~on hereunder w of the obl'gaYwn se- cured I~ereby shall at any time thereafter be held to be a waner of the terms hereof w of tFK instrument secured herDy. 11. In add~tion to the forego:ng monthly payments of princ'pal and interest requered by the prom~ssory note secured he~eby, morlgagor covenants and agrees to pay to mortgagee with each monthly payment an add~rional sum est~mated by mortgagee to be equal ro 1/12 of the annual cost of the folbw- ing: A-All real prope.ty taxes levied o~ assessed against the above described real estata B-Premfums on f~re and w~ndstorm insurance as herein requ~red to be carried o~ the improvemeits situate on the above described p?emises. C-Premiums on such rtrortgage guaranty insurance as mortgagee shall from time to time deem fit to car~y on the loan secured hereby. . Mortgagee shafl f~om time to tlme norify mortgagor in writing of the amount due and payable hereundrr and such sum shall there~pon be due and Fayable on the due date of the next monthly payment and each successive month thereaf~er ur,til mortgagee shall ~otify mortgagor of a change in such amount_ Such sums sF.a:l be applied by mortgagee toward the payment of real p~operty taxes, insurance prem:ums, a~x! mo?tgage guaranfy insurance p~emiums. - i IN WITNE55 WHEREOF, the said MORTGAGOR has De4rltq„~e~b~~feat the day ar first sforesaid. ; ned. Seal and deli in the presence ~f~~ AIVIJ . LUCIE COUNTY. fLA. ~ ~c!;zt'~ vE~?r~~~ ~ i~/.i / tSe.o ; . JY~/~~~ 0 ~ ~,1~; Z . 0~ seao ~ ~~~:~4 ~ STATE OF fLORIDA St. Lncit ~ couNn o~ ~~~.R 4~0{TRI.S ~ ~ ~ ~ ~i1~+0ibkTd~ ~lson e~ta.e me a.sona~~Y ~ppeM~d RK ~ M9~1ina ~=~z~ his wife, to me well known and known to me to bt ~ the individwls dewibed in and wFa executed the foregoirg instrument, and atknowledged before me that they executed the same for the purpoxs ~ therein expressed. And the said ~~1~1'1a B~l~lZOA ~ x~fe of the ssid RaSraond B~r~son upon a sep~rate +nd p~iwt~ ~ examinaYwn by me taken separate and apart from her said husband, sckrawledged to and befo?e me that she executed ssid, instrumeM beely and volun- ~ tarily and w~thout any compulsion, constraiM, spprehension_, 9r fea? of or from her said husbarsd. ~ WiTNE55 my hsnd and official seal this ~6 7-~ day of J~e A. D. 19~Q. s ~ , Notary P ~c in and for tFro State of Florida at larpe ' r My e ~u~«, exP~.~s: ~ 9 7/ ~ Return To: ' i ~ • _ .::C, S1~t2 O~ HOfldi ~t ~af~ { Fint Federsl Savi~g~ 3 loan Association • ~ Of Fwt P~erce. . r~ (OII{~tfWD~~ ~YQ• 6. ~n ~ ~ort Pierce. Florida ' ~~M~~r~~~4 r~ ~ • ~ a ~ _ ~ . v ~ FII.ED ANO RECORDED= ~ = ~ ; ` " ~ , ~ ST. LUCIE COUNTY. FLA. _ . . J : ` ' R:.CQ~.`'' :993~ ~ This Instrume~t Prepared By : - x ~ ` : ~ ~i~ ~ First Federal Savings b loan Association - of Fort Pierce `J-~' 4 ~ c' ~ ~ ' ~ •.....,...-;'c . '69 Jll~! 21 AM I I : 03 + ~ Checked By John W. ColliAS ~y,~ ' G2,~ i%'v'"~ ~ ~ ~ npi c 01TFiRS ~ ~ ~ ~ CLE Q 'C0. R ~ / I ~ ~R e~ ? ~ _ 60CK~~~ PbGE1~J~~ c~ ~ ~ _ _ : ~ h~ ~ .~s_Y._ _ _ _ ~ y-~ : ~ - -