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Home My WebLink About2544 . \ ~ E ~ 1 To pl~ aad contirwio~»Fy ka~p on tM buildi~pi now a~ henaftM ~it~at~ on 3aW Iw+d and on ~U eqvipment and p~rsonally covK~d by thi~ narq~ k with all pnmiums 1Mreo~ paid in fvll. iire inturanc~ in tht uswl sundard policy form, in a tum approv~d by tM MORTGAGEE, s~d winditorm ; inswa~c~ in tM ~wal uand~rd policy fam, in a wm approv~d by rh~ MORTGAGEE, in wch companY o~ ca^P+^ies +s ~M N10RTGAGEE m+y dincy and ~II fin ~nd windsron+n inswana polki~s on any of s~id build~ops~, ~ny intK~at tl+K~in u pa?t tMr~of, in ths a~rsyah ~vm ~forKaid a in ~xc~ss tMroof, ~hall cont~in ~M vswl standud mortpa~e~ clws~ a such otha daus~ a tM MortpapN m+y rpu'u~, m+kinp tl» loss wxler a+id po~~ ci~s. ~ad? and ~wry. p~Ysbit to siid MORTGAf3EE as ib interesl rtNy ~pp~ar. and ~ach and ~wry svch policy sMll b~ pranplly au:~~ed and d~tiver~d to ~~y Mld by s+id MORTGAGEE as further secu~itY to ~id mortp+~ debt, a~d, not I~ss tMn ~en (10) days in advanc~ of tF+~ expir~tion of ~ad? policy. to dr livK to uid MORTGAGEE a ~~nswal ther~of, top~tM? witA s receipt for tM p~~mium of such renewalj ~od th~r~ sMll be no fir~ w w~nds~am inwranc~ pl~qd on ~ny of aid buildinps, ~ny interat theni~ w part the.eof, ~nlesi in ~M form and wifh 1M lost pay~bl~ ~s a(orealdt ~d 1~ 1he ~wM +M? sun~ af narNy becan~s payable under such policy a policiss s~id MORTGAGEE shall Mw tM optan to receive and ~ppty the same o~ ~coount of th~ Indebtad~ neu wcured her~by p to pKmit said MORTGAGORS fo ~eteiw and uss it or a~y part thereof for oiher pwposes, withouf thereb/ waiving or irt?pair• irg any p~ity, li~n or right unda~ o~ by virtw of this mort~apr, +nd in tM ~vent s+id MORTGAGORS shall fa any ~eason fail ro keep ths s~id pnmises so ir?fured, a fdl b dtliver promptly sny of said policies of insur~nte ro s~id MORTGAGEE. a~ fail promptly 1o p+y fully sny premi~m the~efor a in any resp~ct f~il b p~rfa~n, dischsrye. execut~, tffect, complste, comply with and +bide by this covenanl, or •ny paN Mreof, ~aid MORTGAGEE m~y plia +nd p~Y fw ~~ch 1MUra~t~ ot u+y put thereof without wsivii?p a ~ffadinp any option, lien, aqvity. w right under o~ by virtw of tfiis Mort~aq~. ~nd tM full amo~nt of tach and ~wry wch p~yment sh+ll be immediately dw and payable and shall beu int~re~t from ths date thereof vntil p~id ~1 tM r~t~ ol n;ne per cMtum pa annum snd together with such intcrest shal{ bs secured by tM 1'~ee~ of this mwtpspe. 1. To pwmit, oommit or wffa no w~it~, Mnpalrmenf w deterioratan of said prop~tty or ~ny p~?t thereof. 4 5. To pay all ad sirgular ths cos», char~es +ed ezpenses, including • reaaonabk attorney's fee uid oosts of sbstracts of title, ie~c~?red w p+id st { sny tun~ by said MORTGAGEE, because or in tM ~vent of the failure o~ tl+~ part of tM said 1NORTGAGOR to duly, prompdy u~d fully perform, d~schs~ execut~, tffett, aompkt~, tomply with and abide by each at+d every the itip~rlations, ayreements, conditions, a~d oovenann of said promiuo?y note ~nd thi~ mortpap~ any or eitl+e~. and said costs, chu9as and expa?ses, each and every. shall b~ lmmediately due and payable: whether or not tl~ere b~ notice d~ mand, attempt to collect or suit pending: ~nd tht futl amoum of esch and averY such payment shall bea? interest from the date thereof ~ntil p~id af the raTe of ~i~e per oc~tum per ~nnum; and all said costs, charges and expenses intvrred w paid, together with sucA interesl, shall b~ secured by the liw? of tha mwty+~• 6. Th~f in the ~v~nt of any breach of this Mortgape o? defauh a+ the p+rt of the MORTGAGOR, or (b) in Ihs event ~ny of aid sums of ma~ey herein refened to be not promptly ~nd fully paid within thirty C30) days next after the same severally become due and payabl~, without demand a notice. or in the event each and every the itipulations, a9reements, conditions snd covenann of sa~d promiuory no~e ~~d th~s mortpaye a~y w either are ~01 iuly, prampHy and fully performed, d~sch+rged, execvtsd, effected, compieted, compl~ed wi~h a~d sbided by, then io either w any svch ~vent tM said a¢ gregat~ wm mentanad in said promissory note then remsini~g unpaid, with interes~ accrued, and all mo++eys secured hereb~, shall becom~ dw and pay- able forthwith, o? tMreaRer, at the option of said MORTGAGEE, ss f~lly a~,d compktely as if all of the said wms of money were wg~naly s~~pula~ed to be paid on wch day, anything in sa~d promissory note or in this Mwtgage to the contrary notwithstanding; and the?eupon a tl+Neaher ~t the option of said MORTGAGEE, without ~otice w dem+nd, suit at law w in equity, therefwe or thereafte? be9un, may be prosecuted u if alt rnoneys secvred hereby had matured prior to ib ientitution. 7. That in tM event thst at the beginn7ng of or at any time pendinp any suit upon this Mortyage, w to fweclos~ N, or to reform it, a to e~force payment of s~y claims hereunder, said MORTGAGEE shatl apply to the Coun having jurisdia;on thereof for the appointment of • Receiver, such Court shall forthwith ~ppoint a receiver of said mortgsged prqx?fy all and singular, includ~ng all and aingular ~he inmme, profits, issues and revenuet from wF?atever wu~te daived, each and evcry of which, it beirg expressly undcrstood, is he~eby mortgaged as if specifitally aet forth and described in the grsntinp and haber~dum clavses hereof, and such Receiver shall Mve ~II the b?osd and effective funct~ons and powera in anywise eMrusted by a Covrt to a Receiver, and such appointment thall be made by such Court as sn sdmitted equity and a matter of absolute right to said MORTGAGEE, snd without reference to ths edequacy or inadequacy of the wlue of the p~operty mongaged w to the sonre~+cy w~nsolvency of said MORTGAGOR w the defendan», and that such ren~s, profin, income, iuues and revenucs shalt ba applied by s~ch Receiva according ~o the lien ar equity of said N10RTGAGEE and the practice of s~ch Court. S. To d~ly, promptly ~nd fully perform, d'~scharge, execute, effect, comple~e, eomply with ~nd abide by each and every the stipulations, sgreements, conditiora ud covenants in ssid promissay note snd this mortgage set fwth. 9. That in the event the owne?ship of the mortgaged premises, or any part thereof, becomes vested in a person othei tha~ the MORTGAGOR, tM MORTGAGEE, iri succcssors and aui9ns, msy, wi~hout notice to the MORTGAOR, deal wi?h such successor w successor in interett with refere~ce to this mo.tgape snd the debt hereby setured in the same manner as with Mortgagor without in any way viliating or diuharging the Mwt9sgon' liability hcra under w upon the debt hereby secured. No ale of the premises hercby mortgsged and ~o fabearance on Iht p+rt of the MORiGAGEE or iri waessors ' or sug~a and no extension of the time fa the paymem of the debt hereby seturtd qiven by tha MORTGAGEf o. its succeuors w auiyns, shall operat~ ~ ro release, discharye, modify change or sffect the original liability of the N10RTGAGOR herein, eithe~ in whok or in put. 4 10. It u spec~fically agreed thst time i~ of the es~,ence of this contract and that no waiver of any obligation hereunder or of the obl"~yaYan se- ~ cured Ixreby sha(1 at any time thereaher be held ro be a waiver of the terms hereof or of tfie instrumeM secured herby. > i 11_ In additia+ to the forego:ng monthly payments of princ'pal and interest required by the promtssory nore secured hereby, mortg~gor covenanti and agrees to pay to rtwrtgagee with each monthly payrnent an addiriooal sum est~m~ted by mortgsgee to be equel to 1/12 of the_annwl tost of the follow- : i ing: A-All real property taxes levied or assessed against tF~e above described real estate. ; B-Premiums on fire and windstwm insurance as herein requ~red to be urried on the improvements sit~ate on the above described premises. 4 C-Prcmivms on such mwtgage guaranty insurance as mwtgaqee ahall from t~me to time deem fit to urry on the loa~ secured hereby. ~ , Mortgagee shall from lime to time noti(y mortgagor in writiny of the amount due and payable hereunder and such wm shall thereupon be d~e and ~ payable on the due date of the next monthly payment and exh successive month thercsfter ur,til mortgagee shall notify mortgagw of a change in svch ~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:~ms, snd rtw~tgage yusranty inwra.~ce t ' premiums. IN WITNESS WHEREOF, the said MORT AGOR has FKreuroo set his hand and sesl the day u~d y r t afwessid. ~ ~ ~ . Sig Sealed and ~i esence of: ; n ~ ~ ~ ` ~ n = ~ ' ~ STATE OF FLORIDA ~ i ST. UICIB ~ ~ couNn oF ~f~ ~ ~~~~y - Geosye W. Hs?11 a~~-"6z ~ ' his wife, to me well known ~nd known b me t0 b~ she individwb desuibed in and who ex~cut~d ths for~poinp instrvment, and ~cknow ed btfa~ rrw that ~hey ~xecuted the ssn» for th~ purpo~es : ~ u W Katherin~ M.~all ~ ~ Georqe . Hs 1 w~f. of tM said ~pon . ~.ps.•t~ .nd p'n.a ~ ex+minat~on by m~ akcn sepsrate and apsrt irom her said husband, .du~owl.dged ro•nd befor• me tM~ stK executed said irotrwnent frs~ly ~nd volun~ r~niy and w~thout any compulsion, constraint, appreMnsiw?, fsa of o~ from her iaid husb~nd. ~ WITNESS my h~nd ~nd offici~l s~at thi day of `jul A. D. 19 69 ~ ( k ~ 'Not~ry Public in ~nd fw the S~at~ of Fiorida at lup~ ' My Ca+un~ssion ~apira: ~ Ratwn Ta , , . First f~~al Savirg~ i loan /lssociatia+ a•`` ' , ~y sli~ ~ ~Of1~i ~ ~ ~ . ~ ~ ~ ~ Of Fwt P~eres. ` t~C' ~ ~ ~bM ~9 ~ Fort Pierw, florida ~ M~N1 ti A~~ ~iw ~ Cr~i? Ci. , ~ ~ _ ~ ~ - : sr ANO aE~~ ` . ' ^ ~ ~~E ~o~~ R~~p' ~ ~ This Instrument Pre~ared By ~i~b~d K: `;~y~s_ ; f ~~aD VEq~~FF~A. ~ First Federal Savings b Loan Associetion i~•~'. .c~.-.-, • .,l of fort Pierce ~ Flosida ~i.'•• ~69 ~~0 - . ~~t 18 cr,~~ B,? ~ 10: 09 ~ C~ER ~E~'~ rO~TR~~ K C~R~UIT S aoox ~78 ~ 2541 ~ ? ~°~RT ~ ~ ~ ~ > Wr_ ~.3'=-~-~. ` ' s~~~~