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Home My WebLink About2542 ~ To plau and coetirwo„siy k~ep on tM buitdinps oow w h~r~aha sitwt~ on said land ~nd on ~II eqvipnwet ud p~na++lly cov~r~d by tAis mort~ ~p~, with ~II pr~mi~ms therw~ p+id in full, fir~ iruuana in tl» wwl ~~aodard policy fwm, M• ium approwd by th~ MORiGAGEE, ~nd win~btwm tn~wanc~ in th~ uswl aundud policy fwm, in ~ wm approved by tM MORTGAGEE, to such comp~ny w canpan~~s ~s ?M MORTGAGEE m+y dincy and all fir~ and wiaditorea insurane~ policies on any of said iwiWirp~, anY iM~rest tF~.ein or put tFKrcof, )n th~ yyrepa~~ wm ~fa~saW w t i~ ~xcess tMrwf, ~hall ce~tai~ ths ~sv+l itandud matga~ claus~ a such aMr cl~~~ u tM Mat~a~a~ m+y roquu~. makinp ~he loss und~r ~aid po14 ciy. ~ach and ~v~ry. paYabb ro wid MORTGAGEE a~ i» in~eresf may ~pp~ar. and e+ch and wery such policy ~hall b~ promptly u?:qned ~nd de1lvK~d to aoy Mkl by ald MORTGAGEE as fu~tl+~r secority fo said mortp~ debt, and, not kss than te~ p0) dsys in sdvance of tM expir~tion of each policy, to dr liva ro a'd MORTGAGEE a r~newal thereof, topetMr with a raceip~ for the premium of wch renewalj and ~hs~~ shsll be no fire w windstam Intur~oce pl~o~d on any of s~id b~ildings, ~ny intcre~t ti?sre~n or put thereof, vnlau in tM fam ~nd with tM loss pay+bl~ u sfores~idj ~nd tn the ~wet ~ny wm of moMy bacanes payabN w+de+ tuth Pelity a policies seid MORTGAGEE thall haw the option to receive and ~pply ths sam~ on accounl of tM indebted neu s~c~r~d Fw~eby a w permit ssid MORTGAGORS to ~eceiw ~nd us~ h a ~ny pa~t thereof fa otF?er purposcti wi~hovt thrreb~ waivi~~g or ~mpair- inp any pviry, IiM o~ ~ipht under o~ by virtve of this mwtp+ye; snd in 1M ~ven1 w~d MORTGAGORS shall fw ~ny reason fail to keep tM said premisa so inwred, q 1ai1 b deliver promptly u+y of said policiea of inturante to s~id MORTGAGEE, or fail promptly to pay fully any premium tFwrefo~ w In any r~sp~ct fail b pKfo~en, dischu~e, exatvte, effM, complete. complY with u~d ab:de by this covenant, or a~y part herwf, said MORTGAGEE may place ~nd wr fo. such inwranc~ o~ any part th~reof without w+ivinp or sffectinp any option, U~n, eq~ity, a rigM under a by virtw of this Mwtpsp~. and tM full ~rtaw?t of ~acA ~nd ewry such ,~ayment sh~ll be immediately dw ~nd p+yabl~ ~nd shatl be~r interest from the date thereof w?til paid ~t the rab of nirw p~r t~ntum pK annum and toyether with such interest shall be secured by tM lien of this morty+ge. 1. To p~mlt, oommit or wffer no w~ste, Lnpairment w deterioratan of said properry o? any p~rt thereof. S. To pay sll and siegular the conri, charpa ~nd exPenses, includ'ug ~ ~eason~ble ~norney i fee and tosts of abst~acts of titls, incurred w asid ~t •ny time by said MORTGAGEE, because or in the event of the failurs on the psrt of ~he said MORTGAGOR ro duly, promptly a~d fully pxform, discMrg~ •xecvt~, ~ffect, compkt~, comply with and abid~ by each snd every the stip~rlations, agreements, condLtions, +nd tovenann of said promiuory note ~nd ~his mo?t~a~ aMr w eitha. and said cosn. cMrpK and expenses, each and every, shall be irqmediately due and payable: whether w not there be notice de- marxl, aMempt fo colkct or wit pend~r+g; and the full amount oi each and rvery such psymee?t ihal! bea. interost from the date thereof until p~id at ti~e rate of nine per centum per aniwm; and all said tosts, charges and expenses incwred or paid, together with suth iNaest, ihall be sacured by the li~n of this mortpsy~• b. i}?~t in the wenl of any breach of this Mortgage or defa~lt on tM part of the MORTGAGOR, o? (b) in 1he eveM any of said sums of naney herein nfened to be not promptly and fvlly paid wirhin Ihirty (30) days next afte? the same severally betane due and payable, withoul dema~d o~ norice, or i~ the event esch snd erery the stip~latio~s, sgreements, conditiorss ar+d covenants of sa~d promissory ~ote and th~s mortga9e any or either ue nol ~uly, promptly and fully perfwmed, dixharped, executed. effeded, compkted. complied with and abided by, the~ in either or any such ewM tM said sQ~ gregats wm mentaned in said promiuwY note then remaining unpaid, with interest xuued, and all moneys setured hereb~, shall betome due u~d pay- able forthwith, w thereaher, at ths option of said MORTGAGEE, as fvlly and complNely ss if all of the wid wms of moeey were wiyin+l~y atipul+led to be psid on s~ch day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the optron of said MORTGAGEE, without ootice a demand, suit at law or in equity, therefwe w thereafter begvn, may be prosecvted as if sll motays satured hereby had matwed prio? to iri institution. 7. That in tF+e event that at the beginning of or af any time pending sny wit upon this Mwtgage, a to faeclose if, w to reform it, w to enfwa payment of any claims he+euoder, said MORTGACEE shall apply to the Court having jurisdiction thereof ier the appointment of a Receive~, such GouH shall Forthwith ~ppoint a receiver of said mortgaged prooerty all and aingular, includ~ng all and si~gular the income, profits, issues and revenues irom whatever wurce derived, each a~d every of which, it being express~y undentood, is fiereby mongaged as if speu(ically set fath and dewibed i~ 1F?e yranting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct~oos and powen in anywise er+trusted by a Gourt to a Receiva, and :uch appointment shall be made by such Court as an adrnitted equity and a matter of absolute right to said MORTGAGEE, end without reference to the ' adequscy or inadeq~aty of the value of the property mortgaged or to the soNency or insolvency of said MORTGAGOR or the defe~dants, and that s~ch renn, profin, income, issues and revenues shall be appiied by such Receiver sccording to the lien or squiry of said MORTGAGEE a~d the practica of :uch Court. 8. To duly, promptty and fully perfwm, dixharge, execute, effect, complete, comply with and abide by each and every the stipvlaYwns, ~greert?enb, " conditiorn ard covenants in wid promiuo?y note and this rtwrtgage set forth. 9. That in fhe eveM the owncnhip of the mwtgaged premixs, or any part thereof, becanes vesfed in • penon other fhan the MORTGAGOR, fF+~ A10RTGAGEE, ib successors and assigns, may, w]thout notice to the MORTGAOR, deal with such wccessor w successor in iMereit with reterence ro this mort~ape and the debl heteby setured in the s~me manner as with Mortgagw without in sny way vitiatinp or diuharging tF+e Mort9sgon' (i~bilify here- under or upon the debt hereby secvred. No sale of the Frem7ses r,ereby mortgaged and ao forbearance on the part of the MORTGAGEE or iri suaesson or augra snd no extensio~ of the time for the payment of the deb~ hereby secured 9~ven by the MORTGAGE~ w in successors a assi9ns, shall opsr~t~ ro release, dixMrge, modify ch~nge a affect the original liability of the MORTGAGOR here~n, eithe~ in whak w in put. 10. It is specifical{y agreed that time is of the easence of this contract and thsl no wsiver of any obligation hereunder or of the oblgation sa- cured hereby shaU at any time thereafter be held to be a waiver of the terms hereof or of the irntrumeM secured herby. 11. In additio~ to the fwego:ng monthly payments of princ'pal and interest reqvired by the promissory note secured hereby, mortgagor tovenanft and agrees to pay to mortgagee w~th each mo~thly payrnent an add~~ional sum estimated by mortgagee eo be eq~al to 1/12 of the annual cost of the follow- ` ing: A-AII ~eal property taxes levied w assessed against the above described real estate. B-P~emiums on fire and windstorm insurance as herein reqv~red to be car~ied o~ the imp•o~eme~ts situste on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mo~tgagee shall from t;me to time deem fit to carry on the losn secured hereby. Mwtgsgee sfiall from rime ro time notify mo-tgagor in writ]ng of the amount due and payable F~ereunder and such wm shatt therevpon be due and payable on the due date of the Rext monthly payment and each successive month thereaiter urtil mortgagee shall notify mongagor of a chanye in such ~ amovnt. Such sums sF.all be applied by mwtgagee towsrd the payment of real property taxes, imurance prem:ums, and mo?tgaye guaranty insuwnce ~ ! premivms. t i ~ IN WITNESS WHEREOf, the said MORTGAGOR has hereunto ut his hand and seal the day and yea fint af esaid ~ ed ~nd liver in the presence of: € ~ E ' aq ~ ~ • 's'q TE OF FIORIDA ~ , St. l.ucie ~ cou+~tY oF ~f~ ~ ~„a„~~y Arch Blanton .n~ BQIta ~~1tOt1 ha wife, to me well krawn and known ro me to b~ the indevidwls described in and who exscuted the fue9oirg instrurnsnt, r~d acknowledped b~fore me that they e:ecuted the iame fw tM purpose~ rherein ~~cpnss~d Md th~ said BQYta 81~1L011 ~ ~ Azch Blanton , P,;,,.,. + ~ w~r. ~ ~t» ..d ~ ~ ~ exsmenaYan by me tak~n teparate and apan from hrr s~id husband, ~cknowledped ro ar+d befon me that she executed said irutrurrwM frNly ~nd wlvta Nrily and w~thout ~ny compvlsion, constraint, appreMns~on, o~ ft~r of or from her said husband. ` ~ WITNESS my h+nd and offic~al sNl this L~~..- d+Y of A. D. 19_~ b ' - tJ6tary Public in ~nd (w the Stds of fbrid~ at larp~ ~ IVAy Comrnws~oe ~xpirsa: - r .e:. - R~tv?n To: s~ ~ AOfI~ ~ ~M~! ~ Firat fd~ts) Savinps i loan Astotiatan ; • ` !'r~ ~ +r- ~ ' . • CowwissiN cJ 23. 1969 ~ or Fo.? P,erce. • .:y ~ ~ Fwt Pierce, ilaida `r~~ ~ ' ' M.M~ b~?.r.w f4. a f«~r G. ~ J~ ti-`= ~ fIlEO ANO RECORDEO~ ~ . : _ . FIA:. ~ S 7. W C I E ~v~R F E D ~ John W. ~:vff~~±~~ " ` ` RECORO ~ This Instrument P~epared By ~ ; Q~~ ~ First Federsl Savings b toan Auociation : 1.pV I v - of Fort Pierce ~ Flozida • _ g~ Q~ ~ ~v . ~ '69 JUL ~ ~ Checked 8y . ~ ~ ROG£R s'OITRAS ~ CI.ERK CIRCUIT COURT, ~ ~ s~K 178 ~ 25~39 ~ ~ ~ ~ 3~~ --w~.~-~.~.... °