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Home My WebLink About2728 . ~ ~ To pisc~ and contie?uo~sly kc~p on tM buitdinps now or hereafqr utu~t~ on ~aid I~nd a~ on alf equipment and p~non~ity cover~d by fhit rta?ty~ ~ p~. with alt p~~m~wns ~M.~on paid in full, fi~e irtsvri~t~ i~ the ~sval itandard policy form, in • tum approved by the MORTGAGEE, and wirklftorm iniwana in tFw uswl iundard poGq f«m, in • ium approved by ~M MOitTGAGEE, i~ such compa~y or comp+nies u the MORTGAGEE may dir~cli and ~II fu~ a+d winditum inaurance polici~s on any of said build~rgs, any int~rait tMrei~ w part fF?~~eof, in ~M a~prep+rs sum afu~said w in ~xcas rAe.wf, sh~ll contain th~ u~w! atandard mortga9ee claus~ w ~uch oiher clause as ths Mort9a9se may reqva~. makie~ th~ lou unde~ said po14 ciq, tach u~d ~vKy, p~yabl~ lo iaid MpRTGAGEE u ita inleresl may ~ppeu, and each ar+d tvery iuch poticy ~hsll be promptly su:~ned and detivered to ~ny Mld by said JNORTGAGEE u furthe~ security to said mortyaqe debt, and, ~wt Itu lhan ten (10) days in advanc~ of tM expiratioe~ of exh policy, to d~- liwr 1o uid MORTGAGEE ~ rsnew~l lhersof, topetha with a receipt for the premium of such renewal; and tl+ere shall be r+o fire or windatorm iniwante plaud on ~ny of ak! buildin~s, sny interest tMrein or parl thereof, un~ess tn the form snd with tM lou payabl~ as afwesaWj and k? tM ew++1 any swn of mon~y b~comq payabh w~d~r such policy a policies wid MORiGAGfE shall have ~he option to receive and apply 1M same a? accou~t of ~he ind~bted- nsas sstv~~d F~~by w M pa~mit s~id MORTGAGORS 1o reteive and ust it ot any part lhereof fw othcr purposes, without th:+eb/ waivi~ig ot ~mpair- ing ~ny p~ity, lian w.ight und~r or by v'utue of this mors~aya; and in the evem ssld MORTGAGORS thall for any reason fail to keep ths s~id premiset w iruv~~d, p fail b d~liva promptly sny of taid policies of imtnants to said MORTGAGEE, or iail promptly to pay fully any premium therefot w in ~ny res~xcf fail b pafonn, discha~9e, execute, effecf, complete, comply wiih snd abide by Ihis mvenant, w any part hareof, said MORTGAGEE may pl~ce ~nd pay for such tmwanc~ a u?y pa» thereof without waivirg or affectin~ any op~ion, lien, equ~ty, or right unde~ a by virtw of this Mort~aQe, a~d the full amo~nl of eath and ~wry suth payment shall bs irtwncdiatcly due and payable and ahall bear intere~t from the date thereof u~rif paid at ths rate oi nin~ psr centum pK amum end together with such interest shall be secured by the lien of this rportgage. ~ 1. To p~rmlr, oommit or suffe,r no waste, Impaiimenf w deterioration of u~d property w any part thereof. S. To pay all and sinp~lu the cosb, chargts ar+d expensrs, including s reawnable attaney i fee and costs of abstracts of title, inturred o? paid at any Yuns by iaid MORTGAGfE, because o~ in the avent of the failure o~ the part of the said MORTGAGOR ~o duly, promptty and fully perfwm, d~xhargR execut~, eff~ct, complet~, conlp(y with and ab~de by each and eve?y rhe stipula~~o~s, agrerments, conditions, and covenants oi said promissory note and thii mort~~ ~~y or either, and u~d costs, charges and expenses, each and every, shall be immediately due and payable; whether w ~ot there be i?otice de~ marxl, aitempt to colletf or suit pending; and the full amount o~ each and e~ery svch paymen~ shall bea? interest from the date thereof until paid af tht ~ate of nine per cenrum per annurn; and all said tosts, char9es and expenses incurred or paid, together w~th such interest, shall be setured by the lia~ of thu rtwrt~spt. 6. That (a) i~ the event of iny breach of this Mwtgage w defautt on tfr part o1 the 1NORTGAGOR, or (b) in tiu event any of said svms of money hereio referred to be not promptly and fully paid within thirty (30) days ~eat aft~r the sa~ne sereralty become due and payable, without demand or notice, or io the event ~ach and every the :tipulatans, agreeme~ts, co~d~t~ons and covenants of sa•d promissory noie a~xl th~s mortgage any w tither are nof ~vly, promptly snd fully performed, d~xharged, execvted, effecred, completed, compf~ed w~th and ab~ded Sy, ~hen in either a any such eveM 1M s~id ~g grcyafa wm rtKntiorxd in said promissory note then remaining unpa~d, with interest accrued, and ait moneys secured hereby, shall betome due and pay- able fathwith, o~ thereafter, at ~he option of said MORTGAGEE, as tufly and comptetely as if alt of rhe sa;d sums of money were «~g~nally supulsted to be p,~id pn svch day, anything in said p~omissory note or in Ihis Mortgage ro the contrary no~withstanding; and thereupon or lhereaftN at the option of ~aid MORTGAGEE, without notite w demand, suit at law or in equity, therefwe or the~eaiter begun, may be prosecuteti as if ~U moneys secured hsreby had mat~red pr~or to in institution. 7. That ir? ths evenf thaf st the beginn;ru~ oi w at any time pending any suit upo~ this Mortgage, or to foreclose it, w to reform it, w fo enforte paymenf of any claims hereunder, said MORTGAGEE shall apply to the Court having juriid~ct~on the~eof for the appointmenl of a Receiver, suth Court shall Forthwith appoint a receive~ of said morlgaged p~oQerty aH and singular, includ~ng all and s;ngutar the income, proflts, issues and revenves from whatever wurte de~ived, eath and eve+y of wh~ch, it being expressty unde~stood, is hereby mor~gaged as if speutically xt fwth and desuibed in the granti~g and habendum clauses hereof, and such Receiver shall have all the broad and effev~ve iunct.ons and powers in anywise ent~usted by a Cou~f to a Receiver, ~nd such appoiefinent shafl be made by stxh Court as an admitted equity and a matter of absolute r;ght to said MORTGAGEE, u+d without reierente to the adeq~acy w inadequacy of the wlue of the prope~ty mortgagcd or to ~he w~vency or ~nsoivency of sa~d MORTGAGOR or the defendants, and that such renn, ptofin, intane, iasuts and revenues shall be applied by such Receiver accordtng fo the lie~ or equity of said MORTGAGEE and the practice of such Court. 8. To dvly, promplly a~d fully perform, discharge, execute, effect, complete, comply wi~h and abide by each and evtry the stipulatians, agreemenfs, conditq~s and covenants in said promissory note and th~s mortgage set forth. 4. ?hat in the event tl~e ow~rship of the mortgaged premises, a any part thereoE, becomes vested in a person othe~ than fhe MORTGAGOR, tF+e MORTGAGEE, its successws ~nd assigns, may, witlwtit notice to the MORTGAOR, deal with such suctessor w succe:sw in interest with reEerence to this mort9aye ~nd the debl hereby srcurcd in the same manner as with /ttortgagor without in any way vir~ating or d~uharging the Mwtgagors' liability hera unde~ p upon lFx+ debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or iri tuctessws or auigns and no eatension of the time fw the payment of the debt hereby secured given by ihe MORTGAGE~ or its successas o? auigns, shall ppe~ate to release, discharge, modify change a affect the oriq'~nal liab~l~ty of rhe MORTGAGOR herein, ei~her in whole or in part. 10. tt is spec~fically ag~eed that time is of the euence of th~s confrace and that no waiver of any obl~gat~on hereunder or of the obliystion se- ~ cured hereby sha:l at any time thereaher be held to be a waiver of the terms hereof or of Ihe instrument secured herby. i 11. In add~tion to the forego'ng monthiy paymenls of prir.c"pal and ime~est req~ired by the prom~ssory no!e secured hereby, mortqsgor covenanfs and agrees ~o pay ro mo:tgagee with each manthiy payr.~enf an add~uonat sum esnma+ed by ~wrtgagee to be equal to 1; 12 of the annual cost of the follow- ~ in9: A-AU real property taxes levied or assessed agaiost thc above described real esfate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on tne improvements s~tuate on the above despibed prcmises. C-Premiums on such mortgage guaranty insurar:ce as mortgagee shal! tror r me ro rime deem fit to carry on the ban secured hereby. Mostgager sha!1 from ti~ne to time ~otify mortgagor ~n wrinng of the ar.-,ount due and payeble hereundrr and suth sum shall thereupon be due and payable on the due date of the next monthly payment and each success~ve month thereafter ur,tit mortgagee shall notify mortgagor of a charge in such amount. $uch sums shall be apptied by mo~rgagee toward the payment of real property ~axes, insurance prem;ums, and mortgage guaranty irtsur~rxe premiums. (N WITNESS WHEREOf, the ssid MORTGAGOR has hereunto set his hand and seal the d nd year first aforesaid. Sgned. Seaied and delivered in tf~e presence of: a~ ~ ^ • ~Se~4 w /A//~(~/_ ~ n e~~ r-~--:Se+q t~~ STATf OF ilOR10A ~ courm oF --~t. Lucie ~ defa~ m~ personaly ~~.,~ea vo x~an N. B aker ,nd Ruth L. Baker his wife, ro me well known and known to me to be ths it~dividusb destrib~d in and who execvted the fwegang instrument, end acknow{edfled btfwe me that they executed the same {or the purposes rherein expressed. Md the sa~- I2uth L. B keY w;F. Vo rman N. Bake r e~„ a~,~t. examinatan by me taken xpar~te +nd apart from ixr said husband, acknowtedged to and befwe me that shs executef! stid irystly~eGt ~rNly and voNfw • ?i~ily ~nd w;thwil ~ny compulsiore, constrainl, ~pprehens~on. fear of w lrom her said husband. ' . WtTNE55 my Mnd aod officul seal thia °2 ~ ~ dsy of_ _?tll V ~ • • ~ ~ - L-/~'/u~a+~i.w ~ ~s...~r{:~ Q' ..f~,.,~ U' ~ Not+ry Public i~ ~nd fa tM Statr o~ Fbrid~ ~it l,w~ - Retwn To: N1y Comm~fsioe txpires: ' . , - . ~,~~;~f ` , . First Fed~r~l Savirqs i loan /1s~ocuYwn ~ Z.r~ ` ~:Q - 0/ f0~1 P.erC~. r~~C~ / ~ 'i . ' C, . . : Fa, v~««. f~a~~ ~T. LUCIE COU i QR F~p • f"~''f!(`t~ `/Cf?!F'Cf; . This Instrument Prepared By Kichatti K. Kay ~v0•7~5 First Federol Savinqs d. loan Association ~9 ~l~'j 23 ~ ~ 1~(~ of Fort Pierce, Florida ~ ~ ; <rz.,~ j Checked By :~:;e a rA~~a~ S ~ ~LE~K CfRCUIT COURT ~ ~ ( ~ 600K ~ 7S PAGE ~.~2~ : ~ ' ~ cf ~~~.~,_=~z. ~ . ~w; - ~ , - - - ~ _r~ :~~~~t~