The URL can be used to link to this page

Home My WebLink About1262 3. To pl~p ~nd continuo~iiy k~ap on th~ buitdinps now a F+~rsafta ~ituate on iaid land u?d a+ ~II puipment and pNSOnally cover~d by this enorp~ ~ with all pr~mi~ms thereon paid in fvll, fire insurance in iF?~ ut~al stsndsrd polity fam, i~ ~ tum approv~d by the MORfGAGEE. ~nd windtrorm tmw~nc~ in tM vswl iiandard policy fam, in a ium ~p~xoved by tM MORTGAGEE, in such compa~y o~ co~+p+++~es u~F+s MORi:3AGEE iray dinclj and all fin and winds~wm insur~na policies on any of s~id build~np*, ~ny inttnil tMr~in w p~tt tMreoi, in the a99«9+~~ ~~a~~ ~ i~ ~aceu thereof, sMll contain tl?~ uswl ttandud mort9a~ claw~ .x such otha claws u tM Mortyapet may roqv'u~. makinp th~ loss unde? said po~F cies. each and every. paY~ble ro aid MORTGAGEE as in intereit may appea~. ~nd ~ach and ~vay tuch poliq il+~Il b~ {xanpHy iu:~ned and dtlive?ed ~o eny held by ssid 1NORTGAGEE as fwtl~ secvrity to i+id matps9~ debt, and, ool Its~ th~n te~ (10) days in ~dvance oi the ~xpiratan of each poticy, to d~- IivN to s~id MORTGAGEE s nnew~l therwf, top~~M+ with ~ receipt fw ~he p.emium oi svch rsnewal; a~+d there ii+sll be no fi~e w wi~dstam inw~anc~ pl~ced on ~ny oi said buildirgs, ~ny in~erest thasin or put tl~ereof, unkss i~ tM form and with tht loss pay+bl~ as sforesaidt +nd io tM evtM ~ny wm of naney becon»s p~yaWe under such policy or polici~s said MORTGAGEE ~hall I+~w ths option to receiw and ~pply the s+rt» on account of tM indebted- txss sxu~ed M~eby w b permit said MORTGAGORS fo ?~oeiw N~d uN i1 ot ~~y parf thereof iw other purposes,. witFaut Ihereb~ waiving w impair- inp sny p~ity, lien or ripht undsr w by vutue of this mortya9e: ~nd in ths ~ven1 aid MORTGAGORS shall fw any reason fsil ro keep the s~id premises so insvred, o? fsil !o deliva p~omptly ~ny of said politias of ir+s~~utt~ to iaid NIORTGAGEE, a fail promptly to pay futly any premiwn tF+erafw p in any r~sped fail to pN(wm, dixhuye, execvte, effact, cort:pl~te, comply witA snd abids by this oover+ant, or ~~y part hereof, said MORTGAGEE rn~y pl~u a~d paY fa such inwranc~ u any part thercof without w~ivinp or aff~ctinp any optron, lien. equity. w ripM under a by virew of ~his Mo.t9ap~. ~nd tM full ~nount of ~ach and ~very wcl+ paymsnt shall b~ immsdiately dw and pay~bte and sMl! bear intaest from th~ dats thereof votil paid ~t the ~att of nine per centum pa ~nnum and iogether wilh wch intereat shall b~ secured by th~ lise of tha mortysya 1. To pKmit, oommit w suffa no wast~, imWirment w deterior~tion of said p~ope?ty w any paN thereof. ~ I S. To pay all aed airgular ths coats, cha?~a u?d expMSe~ incl~diny s n+ia+sble attomey's fee and costs of abstruts of title, inewred or paid ~t eny t~ms by s+id MORTGAGEE, because w in the event of th~ f~ilure on ths pe~t of tM said MORTGAGOR to duly, promptly ~nd fully pafwm, d~sch~.yR, execute, eifed, canplet~, comply with and tbide by exh and every the stip~lations, agreemenb, conditio~a. ~~d covenan?s of sa~d promissory ~ote and thii mwt9ay~ a~y w eithe~. ~nd said costs, ch+~es snd ~xpenses, each +nd everlr, sh,:u be immed~ately due and payable: whether or not ther~ b~ notiu de~ mand, sttcmpt to :olled or wit pendin~s and tM full amovnt of esch and every sud+ paymeM shsll bear intereit frem the dat~ thereof until p~id d tl+~ rarc of nine psr centum per arowm; and all said oosts, chu~ees and expsnses inn+rrad or p+~d. together with wch in?eroat. shall b~ secured by the li~n of tha mwtyay~. 6. That (a) in the event af any lxaach of this Nbrtyap~ w defavlt on tM part of the MORTGAGOR, w(b) in the event ~ny of ~a7d swm of naney herein ~eferred to be not promptly snd f~lly paid within thirry (30) days next affa the iame sevmally become due a~+d paysble. withovt demand or noYrce. w(~ in the evero each u~d every tFr stipulatio~s„ agrsemenb, c«~ditions and cov~rwnb of sa~d p~omiuory note and th~s mortgaye +ny a ather +re no1 ~uly, promptly and fully perfo~med, dixMr9ed. exesvted, ~ftected, completed, complied with and abided by, theo in e~tbe~ w any such evem the said aQ~ gregate wm mentio?xJ in said promissory note then rern~ininy unpaid, with intaest acuued, and all moneys secured hereby. shsll become dw and p~y~ able lwthwith, w thereafter, at ths option of said MORTGAGEE, as fully srd completely as ii all ef the said wms of money were oriyinally srip~bted to be patd on s~ch day, anythirg :n said promissory note q in this Nlorty~ye to tha contrary notwithstandinp; and thereupon or thercafter at the option o4 said MORTGAGEE, without notice w dem~nd, wit ~t law w in eq~ity, there(orc or lhereaftK begun, may be proxcuted as if sll aaneyt socvrad hereby had matured priw to in institution. 7. Thst in the event that at the beginning of or at soy time pa~dirg any wit upon this Matgage, w ro foreclose h, w to reform it, or to enfwp payment of sny claims hereunder, said MORTGAGEE sMll ~pply to 1he Couh h~virg jwisdiction thcreof for the eppointment of s Receiver, such Cowt thall fwthwith appoiM s receiver of said mwtpaged property all and sirgutsr, ir~clud~ng all snd iugular the income, profits, iuues and revemres from whatwe~ sowce derived; each and every of which, it beinp expressly understood, is hereby mer~gaged u ii specifiully set forth arx! desuibed in the ~rantirp and habend~m cla~rses hereof, u+d such Receiver shall iwve all the broad snd effective funct~ons and povvea in anyw~se cntnntcd by s Court to a Receiver, and such appoin+ment shall be made by such Cowt as ~n admitted equity and a m+tte~ of absolute right to said MORTGAGEE, u~d without roference to the i adeqvacy .o~ inadequacy of the vslue of the property mor?gsged or to the sohrency or insolvency of said MORTGAGOR a the defendann, and that wch ren~s, proiin, income, issues a~d revenues shsll be applied by svch RKeiver accwding to the lien or eqvity of said NIORTGAGEE and the p~actice of s~ch Gourt. 8. To dvly, prompHy and fully paform, d'~scharge, exacwe, effect, complete, con+ply with ard abide by esch and every the stipvlations, agreements, conditans and wvenants in said promissory aote and this mwtpage set forth. 9. That irt the event the ownership of the mortgayed premises, w ~ny put the~eof, becomes vested in • person uther than the MORTGAGOR, tM MORTGAGEE, iri successws and ~u'~grts, may, without notice to the AhORTGAOR, deal with such wtcessor o? wccessor in interest with rofcre~te to this mortgsge ~nd tFx debt hereby sec~~ed in the same manner u with Morrgagw without in any way vitiatiny w discharging the Mortysgors' liability here- under or upon ~he debt hereby secu~ed_ No sale of the premises hereby matyayed and no forbearance on 1M psrt of the MORTG4GEE w in syocesson or assigns and no extension of the time foo the payment of the debt hereby secwed yiven by the MORTGAGEf w its sucussors ot ~ssig~s, ahall op~rat~ to ~elease, discharge, modify d»nge or af(ect the orginal liability of the MORTGAGOR here'~n, aither in whole a in psrt. 10. It is specifically agreed that time is of the essence of this contract and thst no waiver of any obl'gatpn hereunder or of tM obliyation sa cured hereby shall at any time thereafter be heki to be a waiver of tFa terms hereof w of the instrument secured herby. 11. In add~tion to the fwego:ng monthly payments of prirx'psl and intercst required by tt~e pronussory note secured hereby, mortgagor covenanta ' and agrees to pay to mortgagee with each inomhly paymeM an addirionsl sum estimated by mortgsgee to be equal ro 1/12 of the annual cost of the fdlow- . . A-All real property ta:es levied w auessed against the above desuibed resl estste. B-Prem~ums on fin and w'u~dstorm insurance as herein requ:red ro be carteed on the improvements sitwte on the ~bove dewibed premises. ''i G-Premiums on such mortgage gwranty insunnce as mwtgagce shall from rime to time deem fit ro carry on the loan setured he?eby. f Mortgagee shall from time to time notify mortgagor in writing of the amouM due and payabk here~nder and such sum shall thereupon be d~e and f payaWe on the due date of the rKxt monthly payment and each wtcessive mw»h thereaiter until mortgsgee sha~l notify mortgagor of a change in suth ~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, ir?surance prem:vms, and mortgsge guarsrsfy inwrance ~ premiurt?s. - . IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto sef his ha~d and seal the day and yNr fint afwesaid. Sea and iver in the pr~ of: ~ ~ ~ tc..~ LLi~ STATE OP FIORIDA ~ $t• ~C~ ~ _ COUNTY OF ~faQ n+e pe„a„~~y ,ppe,~ed Rred J. Moser ,~a Bva L. Moaez his wife, ro me wen krwMn, :na knovin, ro me ta w the Individwb described in and who execwed ths foregoirg irotrvment, and ackiwwledped before m~ th~t they exacuted the same fw ths pwposes therein expressed. And the said Bv~_ L. MO:e! W~re of rhe ssra ~'`rea J. Mose: .~d p,;~,.,, examination by me taken sepsrste and apart from her s~id Mcsband, adu~owledged to and bsfor~ me thaf she execvted said L~str~snent frasly and volwr rarily a~+d without any oompultan, constraint, apprei~ensior+, or f/e~u of or f?an her ~aid husband. ~ - WITNESS my hand and officisl seal thK ~n h~ day of OCtO~e= ~R. D. 19 69 ~ _ - Public in and fw tM State of F{orida at l~r~ My Comoission *xpires: Return Ta. .•K:';:~t:ir~, N4'TARY MIELI~ sTATE ~ FLi0R1~ ~ 1A~ ~ ~ First Feder•I Savlrgs a Loae Au«iarion MY C'_1!dMIS.°1'1N EXPIRES SEPT. 23,• 1~'J.~ r `~i~ ' dONOED iHll11 f~D IN. WfSiEIlIOR~ ~ Of Fort Pierce. '~{1 i}•~:'~• i ' r' V Fort Pierte. Fbrids _ = ~ • ~ - ~ = ' . ' ' ~ . ~ : ~ FILEQ pNQ RECQRDE~ ! - aT. I.UC~~ ~puNTY FLA. . ~ ~ f_ ,~..nr.~, ~~eri~~~n a.:% . This Instrument Prepared By ~1 ~ ,i . . ~ " ~ 1g4248 First Federa) Savi s b Loan Association - ~ y ~ • of Fo Pierce ~ Florida . _ ~ • ~69 O~t ~ 3 PI~'~ ~ • 2 . ' ~ ~/a - ' ~J ` J • ~ ~ . . •~Jl:L1311l~)~~~, . Chedced By _ ~ ~ SOUK~VIJ PA~E~V~7 ''OIiR~S CL_RK C~RCUlT COURT ~ ~ E!~ - : y - - _ - .