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Home My WebLink About1353 ~ . Y.. ~ 9. To pl~c~ and continuously ke~p on tM buildinps now o~ Mr~aflK ~iW+t~ on said lac+d +nd on all equipmen~ ~nd p~rsonally covered by this mwt~ i sy~, with ~II premiums tl?ereon p~1d in fvll, fire ins~r~nte in th~ usual ttandard policy fwm, in a sum approv~d by tM MORiGAGEE, and windi~orm insuiux~ in tFw usw) standard pol~q fam, i~ a ~um spproved by ~he MORTGAGEE. in such company w comP+n~~s as ~M MORTGAGEE rnay ~ dir~ds ~nd all fir~ end windstorm iniwanu polic~es on ~ny of ssid build~nps. ~ny i~te~sst IF~~in or p~rf Ihsreof, in the apq~c~ate sum aforesaid w ! in excess thereof, tMll cont+in the usual stand~rd mort~ape~ c~sus~ or such otha claua u tM Malyags~ may reqvin, makiny tM losi unda sa~d polF } cies, e+ch ~nd ~v~ry, paYable ro said MORTGAGEE as its intere~t may ~ppear, and eacA a+d ~ve?Y such Po~~cY sh~Il be p~ompNy su:gned and delivered to ~ •ny held by s+id MORTGAGEE as ivrther ietu~ity to ssid mor~ya9e debt. ~nd, nw les~ thsn te~ (10) days in sdvance of the expiration of each policy, to dr liver ro wid MORTGAGEE • renewal thereof, IopetMr with a receipt for the p?anium of suci? renewal; snd the~• sF?all be r+o fire or windstorm iniuranct 1 pliced on ~~y of said buildings, any interest therein o~ pa?t the~eof, unleu in the form and w~tfi tM iou payable as afores+id; a~d in tM ev~nt a~y tunn ! of naney becomes payable w~der such polky or policies sa;d MC7RTGAGEE shsll haw the op!%~n to receive and spply the same on accoum of tM indebted- i neu secured hereby w ro permit said MORTGAGORS ro receivs and us~ it w any part thereof for othe~ purpasei, withou~ tha~eb/ waivi»g o~ ~mpair• 1 ;ny ~ny p~;ty, l;en a ri9ht u~der or by virtw of Ihis mo:tya9e; u+d in the event ia~d MORTGAGORS shall fw any reason fai! ro keep the iaid premiut so ~ insu~ed, or fall b deliver promptly ~ny of said policies of i+uur~ncs to asid MORTGAGEE, w fail promptly to pay fully any premium therefor or in any ~ respect fail b pe~fwm, disch~rye, execute, effect, complere, comply wirh and ~bide by this covenant, w+eY part h~reof. sa~d MORTGAGEE may place •nd pay fa iuch irovranc~ ot ~ny part the~eof without waivirp w affectirg sny opYan, lien, equiry, w right vnder a by virtue of this Mat9aqe, and the full amount of each arK! e~~ry such paYmeiH sha~~ bs 7^uneJ~ately dw and payable and sfiall besr interest from the date thereof until paid at the rate ol nine per centum per ~nnum and togNher with such interest shall be xcured by the lien of this mongaye. ; To p~?mit, tommN or suffer no waste, impairment or deterio?ation of iaid property o~ any part thcreof. ~ 5. To pay all snd sinsular the costs, cM~yes snd eYpe~+ses, includirg a reasor~able atro?ney's fee and costs of abstrads of title, incurred w paid at ; any time by ssid MORTGAGfE, because w in the event of the failure oe the part of the said MORTGAGOR to duly, promptly and fvlly perfwm, d~uh~rge, execute, effect, comptet~, comply w~th and ~b;de by exh snd every the atipulations, agreemenn, conditions, and covenants of said promissory ~ote and this ~ matyage any w either. ~nd said cos~s, charyea and expenses, each and every. shall be immediatety due and payable: whe~her w not ehere be e+otice da mand, attempt to tolkct a iuit pending; a~d the full amotrnt of exh a~d every svch payment s1w11 bca~ interesl from the date thereof until paid ~t the rare of nina per centum per am~um; and all said costs, chsrges snd expenses intvr?ed w paid, togethtr w~th tuch inttrest, shall be secured by the lien of thi~ ~ mortpaye. ~ 6. Th~t in the event of a~y breach of this Matgage w default o~ the psrt of the MORTCaAGOR, a(b) in the event any of satd sums of monty herein referred to be not promptly and fully paid within thirty (30) days next after the same seve~ally become due and payable, withovt demand or ~otite, . or in the event each and every the stipulations, agrecments, conditions a~+d coven~nts of sa;d promissory note and th~s mor~gage a~y a either are nof ~ july, promptly snd f~lty performed. d~xharged, executed, effected, completed, compl~ed wi~h and abided by. then i~ either w ~ny such ev~nt 1M iaid ag c gregate wm mentioned in said promiuory rwte then remaining unpaid, with iNerest accrued, a~+d atl moneys setured hereby, shall betome due and pay- able fwlhwith, w tlxr~after, at the option of uid MORTGAGEE, as fully and completely ai if all of the said sums of money were wiginally sr~pulated to be paid on such day, anything in ssid promiuory note w in tfiis Mortgage to'the contrary notwithstanding; and thereupon a thfreafter at the option of said MORTGAGEE, witlw~t notice or demand, suit at law o? in equity, the~efwe or thereafter begun, may be prosecuted ts if sll morxys securad hereby # had matured priw to ib institWiw~. ~ 7. That in the event thaf st the beginning of or at any time pending any suit upon this Mo?tgage, w to faeclose it, a fo refwm it, o? fo enfo?ce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appointment of a Receiver, iuch Court shall forthwith appoint a receiver of said mortgaged property all and singular, includ~ng aIl and singular ~he income, pro(its, iuues and revenues (rom whatever source derived, eath and every of whith, it being expressty understood, is hereby rtu~r~gaged as if speulically set fath and deuribed in the grantiny and ~ habendum clauscs F+ereof, and such Receiver shall have all the lxoad and effective funcnons and uowcrs in anywise entrusfed by a Court to a Receiver, and ~ s~ch appointment shall be made by such Court as an adm;tted equity and a ma~ter of absotute rigAt to said MORTGAGEE, and without reference to the adequaq or inadequacy of Ihe value of the property mortgaged or to the sotvency o+ i~solvency of said MORTGAGOR or the defendants, and that such rents, profin, income, issues and revenues shall be applied by suth Receiver acco~ding to the tien or equity of said MORTGAGEE and the practice of such Court. 8. To duiy, promptly and fully perfwm, d~scharge, execute, effect, complete, comply with and abide by each and every the stipulations, sgreements, ~ conditions and covenams in u~d promissory note and this mortgage set forth. ~ 9. That in the eveM the ow~ership of the mortgaged premixs, o~ any part tixreof, becomes vested in a person other than fhe MORTGAGOR, tM MORTGAGEE, ih succeuors and au~gns, may, without notice to the MORTGAOR, dcal with such successw a s~ccessw in interesl with refere~ce to this mortgage and the deb~ hereby setured in the same manner as with Mortgagor without in ~ny way vitiating or dixharging the Mwtgagors' liability FKrr under or upon the debt Mereby secured. No u!e of the p~em~ses hereby mortgaged and no forbeararcce on the part of the MORTGAGEE a its successon or auig~s and no extension of the timr fa the paymem of the debt hercby secured given by the MORTGAGE'_ or its succeuws or au~gns, sha11 operate to release, discharge, modify change a sffect the orginal liab~lity of the MORTGAGOR herein, either in whole or in part. 10. It a specifically ag?eed that time is of the essence of this contract and that no waiver of any obfigat~on hereunder or of the obligatan se- cured hereby shall at any time thereafter be held to be a waiver of the terms lureof or of the instrument secured herby. 11. In add~tion to the fwego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor tovenants a~d agrees to pay to mortgagee w~th each monrhly payn,ent an add~riona! sum esr~ma~ed by mortgagee to be eq~al to 1; 12 of the annual cost of the follow- ing: 4 A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstotm insurante as herein requ~?ed to be ta~ried on the improveme~ts situate on the above destribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shail from t~me to time deem fit to carry on the loan secured hereby. , Mortgagee shall from time to time notify mor~gagor in writing of the amount due and payable hereundrr and such sum shall thereupon be due and ' Fayable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such ~ a~~ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurarxe prem~ums, and mortgage guaranty insurance ~ pcemiums. i IN WITNESS WHE~EOF, the id MORTGAGOR has hereunto set his hsnd and seal the day r first aforesaid. ~ ' ned, Sealed delive~ m the pr nce of: ! FILEO AND RECORDEO'. _ ~ ST. LUCIE COUNTY. F~A• n ~ i csNn ~ ~ ~ ~~9936 ~aq ~ '69 ,lUN 21 AM II: 03 ~ STATE OF FLORIDA ~ ~ ~ St. I.u~ci• couNn oF ~ ~Ff 0`. t~ino . ~ Befwe me personally appeared ~^d * LO~s D. l1a~~ay( ~IRCUIT ~ h;, w;r~, to me well known snd:k~owrn to me to be ~ the individvals described in and who e:ecuted the foreyoi instrwnent, and aclcnowledged befwe me that they executed the w~ill~~~hrjposes ; ~ I.o~s D. Manor ec 1n~_'.,: ` therein exprssied. And the said ~ ~ w~fe of the aid PY~lIt~C~ L• MaIlO= oei`on a~ ns~~ai+~~lv~t~ e,cam~n~t~on by me taken separate and apart from he~ ssid husband, acknowledged to and befor~ rn~ that she executed said i~stru t ff~r ~Ad v`~I~ p rorily and without ~ny computsion, constraint, apprehension, w fear of a from her said husband. . r- U~' : - - ~ WITNESS my Mnd and official sesl this ~b T~ day of ~ ~A O. _ 1 e, ~ r-. _ . RILED ANO ry P K~~ ~a a~ti. or ~t ~..,f'~ - ~ 57• LUC1E COUN~ Y• r'N~l(aT'~LI~`~fATE OF ~ A~U: ; r Return To: P;:~ CFtTJ ~~F~•~IE MY COMMISSlON EXPIRES :PT. _1%1~.J~7Q.`t 0~ ~ Fini feder~l Savingf 3 Loan Assotistio~ ~r'~,y~ ~pND[D TMI101?aM !R[D w. OI~~T~LMORl~~,.~~~~~~~ ~ ~ Of Fort P~erce. fort Pierce, florida ~ 1 ' ~ ~u !Z ~ 02 9~ ~b i t~ '69 J J~l f, R~ ~ ~ ~ c (7///~ ~ ~ ~ This Instrument Prepared By i~Q~•`~ •'~~Tp~~~ ~ First Federal Savings b loan Association ~LERK CtiRCU1T COURT' ~ ~ of Fort Pierce ~ r ~ Checked By John M. Collins , ` ~ o R ga~~ 178 ~cE 135~ ~ ~ s~ ~ . ~T~. _ . ~ . . . Y-~ . ~ ,G s - x '`~Y -s°-~~ ~ ._e~~ d_ _ _ . , _ ,