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Home My WebLink About1655 1 ' a 't~ J ~~+~i;~ t To ~q and contiewous k ~ p~ ly eep on tM buiidinps rww a hert+hN situ+t~ on said lar+d ~od on all eQ~iprrknt u+d p~noeally towr~d by thii nqrt9. ; ap~, with all premiwms tM~~on pa~d in full, fir~ ins~r~nc~ in ~M usu~l itandard policy form, bn ~ sum approv~d by th~ MORTGAGEE, and wir~dstorm ! +nswanc~ in tM vsw! i~a,+da?d pol;cy fam, in a sum approved by tM MORTC,AGEE, in such tomp~+y w compania ~s the MORTGAGEE mar ~ dinct~ and all firs ~nd windsrorm i~sura~u policies on any of iaid buildinp~„ My inMresl tMr~in w part theroof, i~ the ayyre9at~ wm ~fwesaid w in ~xceu ths~eof, thall contain tM viuat tt~+da~d morrgay~e clauu or such oth~r clws~ at tM Matyages may rpuin makirg tM loss ~~der said poli~ ciss, ~ath ~+d evNy, payabte w s~id MORTGAGEE u ih inte~esl m~y ~ppear, a~tl eKh ae~d svery s~ch policy shall b~ promptly eu:yncd and d~livered to ~ny MW by s~id MORTGAGEE u funher security to ssid mortyage debt, and, not tess than ten (10) days i~ advance of the txp'uatar~ of each policy, 1o d~ IivN to s~id MORTGAGEE a renewa! thereof, topethsr with a reteipt for the premiwn of tuch renewai; and thers ihall b~ no fin o? windstam inwrae~c~ plKed p1 ~ny of said buildin~s. any ioterest therei~ or part therepf, ~nleu i~ Ih~ fwm and with th~ bss payable u•fortsiidj Md in tht ~veni ~ny sum of rtqney becomes payable under such polity or polities taid MORIGAGEE ihall havs ??w~ oplion to receive and apply ths s+m~ on accouM of tM indebted neu setuted hereby w b permit ss?d MORTGAGORS to rKeive snd us~ it w any pa?t thereof fw other purposea, without thsreb/ waivi~~y ot impai~- iny any pvity, lien o~ right unde? or by virlve of this mostyaye; and i~ 1M event ia~d MORTGAGORS sheH far aoy reason fail to keep tha ~aid prsmises so iruu~ed, a fail !o dalive~ promptly any of said policies of insurance to ssid NIORTGAGEE, or fail promptly fo pay {ully sny premium the~efw a in any respect fail W ptrfam, diicharps, execwe, effect, complete, comply with ~nd ~bide by tha covenant, or se+y part heraof, said MORTGAGEE m~y pl~oe ~nd pay for sud~ tnwrance or ~ny pa~f ?hereof withovt waivinp or affecting any option, lien, cquity, o~ rigM under w by virtw of this Mwt~ag~, and tht full amovnt of each and twry such paymenf shall be imrnediately dw and payable arn! ihall bea~ interast from the dat~ thereof tMtil paid a1 tM rat~ o{ nine per centum px amum and togetiur with such interest ahalt be secured by ths lien of this mort~age. 1. To p~mit, commit w suff~r oo wute, impairment w deterioration of wid prupe~ty p any psrt the~eof. } S. To psy aN u+d stnpular tht cosn, charges and expenses, includirg ~ reasonable anarwy's fee and costs of abstracn of tHle, incurred w p~id s1 ~ any Yune by ssid MORTGAGEE, because or in the event of the failure on the part of ~he s~id MORTGAGpR lo duly. promptly and fully perform, diuMrge. ~ executs, effect, complN~, comply w~th ar+d ab~de by each and every the stipulatfons, agreemrnts, conditlor?~, and oovenants of ssid prom;ssory note and thi~ ~ matga~e any a eirher, and said costs, cMrg~s and expenses, each and every, sMll be immediatety due and payable; whether or not there b~ notiu'da ~ mand, attempl ro mllecf o? ivit pending; and the fvll amovnt of each a~d every such paymem shall bea. interest from the date thercof u~til paid at the rate oi nine per centum per annurn; and a!! said msts, cF~srgp and expenses intvrred or paid, together wnh such interest, shall bs secured bp the I'~ of thi~ E mwtps~e. 6. Th~t (a) in the svent of any breach of this Mortya9e a default on the part of the MORiGAGOR, w(b) in the event ~ny of said swns of money herdn referred to be not promptly and fu!!y paid withi~ thirty (30) daya next after fhe same severally become due and payable, wilhout demand or notice, or in tM evem each and every the stipulatiau, agreemsnts, cw~ditions a~+d covensnts of sa~d promissory note and th~s mortgape any or eilhu are not ~uly, promptly and fully perfwmed, d~xhsrged, executed, effected, compieted, compiied with and ab~ded by, fhen in either o~ arty •uch ~wnt tht said ag gregst~ wm mentioned in said promiuory note thtn remaining unpaid. with interest accruod, and all mo~eys setured hereby, ahall betome due a~d pay- able fwthwitty a thereafte~, at the option of said MORTGAGEE, as fully and completely ~s ii all of the said sums of money were piyinalty ftipulatcd to be psid on suth day, anything in sa;d promiasory note or in thia Mor~gage to the contrary notwithstsnding; and thereupon or thereafter ~t the option of said MORTGAGEE, withovt notice w dcmand, wit at law o? in equity, thercfore a thereaf~er begun, may be pros~cuted ai if all mo~~eys yecvred hereby had matured prwr to its institvtion. 7. That in ths event that at the beginning of or at any time pendirg any su+t upw~ th;s Mo+fgsge, w to foreclo~e it, v? to refwm it, w to enforc~ payment of s~y dsims he~eunder, said MpRTGAGEE shall apply to tF~e Court h~ving jur~sd~ion ~he~eof for ~he appointme~?~ of a Receiver, such Court sh~ll fwthwith appoinl a receiver of said mortgaged property alI and singulsr, inclvd~ng all and singutsr the income, profits, iuua~s and revenues from whateve? wwce de~ived, each and every of whKh, it being expressly understood, is hereby mortgaged ss if apeciiicalty aet forth and described in the y~anting a~d haberwlum clauses Ixreof, and such Receiver shall have all the brwd and effective fur+ct~ons ar+d powers i~ anywiu entrusted by ~ Court to a Receiver, and such appointment shall be made by such Court as an adrnitted eqvity and a mstter of absolute right to said MpRTGAGEE, and withovt refercnce to the adequacy or i~adequacy of the value of the property mo.tgaged or to the sa~vency or ~nsolver+cy of sa~d 1NORTGAGOR w the defendants, and that s~ch rc'en~r~• profits, income, isaues ~nd revenues shall be appfied by such Receiver xcord~ng ~o the lien or equity oi taid MORiGAGEE and the pracrice of such 8. To duly, promptly and fully p~rform, d~xha.ge, execvte, effect, comptete, comply wifh and abide by each and every the stipulatiora, agreements, cor:diYwns and covenanta in sa~d promiuory note and this mortgaqe set forth, 9. That in the event the ownenhip of the mortgaged premises, or any parf thereof, becomes vested in a person other fhan the MORTGAGOR, ths MORTGAGEE, iri wcceuas and au~gns, may, without notice to ti~e MpRTGAOR, deal with auch succeuw p successor in interest with ~eference to this mort9~e and the debl hereby secvred in the same manner as with Nbrtgagor without in any way vitiatinp or diuharging the Mort9agors' liabiliry {~er~- ` under or vpon the debt hereby secured. No sale of the Fremises heaeby mwtga~ed ~nd ne fabeaiance on the part of the MORTGAGEE or ita uxceswn ; or assigns and no eztension of the time fw the payment of the debt hereby secured given by the MORTGAGE' or ib sutceuors or assigns, shall operate ~ to release, distharye, modify change w affect the original (iability of the MORTGAGOR herein, either in whole or ln part, 10. It is spedficalfy agreed thst time is of ti~e esunce of this contract and that rw waiver of any obligaYart hereu~dcr p of the oblipstion se- cured h~reby ahatl at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~tion to the forego:ng monthty payments of princ'pal and interest required by the prom~ssory note setured hereby, mortgagor covenants and sgrees to pay to mortgagee with each monthty payment an add~rionat sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~^9= A-All real property taaes lev~ed or asses:ed against the above deuribed real esrate_ B-Prem;ums on fire and windstorm insurar.ce as here~n requ;red to be carr~ed on the ~mproveme~ts s+tuate on the above described premises. C-Premiums on wch mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the toan secured hereby. A~bwfgagee shall from time to tink nofify mortgagor ;n writing o3 the amount due and payable hereureder and such sum shal) ihereupw~ be d~e and payaWe on the due date of the next m.anth!y payment and eath successive month rhereafter ur.til mortgagee shall notify mortgagor of s change in such amount. $uch sums sFall be app(ied by mortgagee toward the paymenf of real property faxes, insurance prem;ums, and mortgaye gw:anty inwrance premiums. IN WITNE55 WHEREQF, the said MORTGAGOR has hereunto xt his hand and ceal the 'ye ;int a id Signe St~led and defiv~ ed in the p?esence of: y,~ I C q l..Li- ,t A I~~ ~ ~ . ~ -~r ~w ` - ~-n S E OF fLORIDA ~ S?. L.[)CIE courm oF ~ e.r«. p..,a„uy ,~.,,~a Joh~n V. wi 21 iams ~„d i Do~ores R. Wii118~9 his wife, ro me well known and known ro me to t» rM indiridwb described in sr~d who ~:ecuted the fareQoinp instrument ~nd.~ K1y~ ledped b~efore me thN they executed the same fw th~ purpos~s rherein tuprea~ed. Aind tM taid DOlOZe:" wlll-1a~5 W;r. or ~tw u;d John V, ~+?illiams upon . sspx~t. and p~iv~M exsm~nation by me taken sepa~ate a~d aparl from her ya;d husband, adcraw{edped to ~nd before me that ahe executed said instr~meM freely w~d volue~ r~rity ~nd wirhovf any campcrlsio~, conserainr, ap~reheruion, or fear of p from her said }wsband. W11NE55 my FNnd and ofPrcul se~l thi~ day of `~ul A. D. 19 69 t ~ - ary Public in and fw th~ Stat~ of Florida ~t l~rp~ Rtturn Ta .~~~•a~~?~~~,.., MY Commisaion expirp: f&st f~deral SavIr?ys i [oa~ /luociatan ~ ~ • " , • ~ ~ ~ Of Fwt P;crce. ~ ~ ~ fort Pierce. Fbrids ' , . • • . ~ M.M1 h D~~IiVR~~ ~ F~LEO ~ ~ ~ • . ' ST. IUCIE COU~TF ED`A. - • t~_,COr<,. This Inst~ument Prepared B~ -Jo}1it k. , 11•~p,s,' . p~ ~,46 First Federai Savings b toan Associaf~fl' ~w of Fort Pierce , FlOZit3~,' ; - ~9 JUL 2 ~ ~0 • 09 . . ~2,~ ~ Checked By 0 R ''~Q k~;, s~-0lTR1.5 T 600K~'C7 P~GE~~ CIERK CIRCUIT COUR . ~ ll , ' . t .1~' . - ~ _ .__m _1_d:~ _ s~ ~ _v . ~ ,