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Home My WebLink About1565 ~ , + S. To placy a~+d continuovsly ke+p a+ t!» buildiep~ now a MrNftN utuat~ a+ s~id land ~+d on all equipme~t ~nd p~~sonal~y covKad by this narl¢ p~, with dl pnmiums tMreon p~id i~ fuil, fin insv~~~ in tM uiwl ~urd~rd policy form, in ~ sum app~owd by ~M MORTGAGEE. +nd wind~torm inwranu in tM ~rswl standard policy fam, in ~ swn ~pp~owa by tM 1NORTGACsEE, in such canp~nY a~P+^ia a tM MORTGAGEE m+y dindt and ~II tk~ snd windsw.m imwu+a po~kies on +oy of reid build~npw any iet~r~it ~Fw~ie a pa~t tMreoi, In tM ap9rep~r~ wm ~fa~ssid a in ~xcess ~henof, ahall cont~in tha usual stu+dud n+artyspK clw~ w such wha clwts as tM MatQa~ maY rpu~r~, m+kinp ~M loss unde~ said poli~ ~ cias, each ~nd ~wry. p+Y+bN b~+b ~RTGAGEE u iri i~lerKt m~y ~ppear. tnd ~ath and awry s~th policy sMll b~ promptly au:qrted and d~livK~d ~o i ~ny Mld by said MORiGAGEE u fwther secu~ity to iaid matp~e d~bt. and, not leu tMn re~ (10) days in advanc~ of ~h~ exp'uaYan of s~ch policy, w dr liva ro~aid MORTGAGEE • renew~l therwf, top~~Mr with • recapt for tM pr~mium of wch r~newals and ther~ shsll b~ no fir~ w winditam inw~anu plx~d on ~ny oi said kwildinps. ~~y Inte~~st thK~in w W~t tht~wf, unku in 1M fwm and with tM loss p~yaWe u ~fwesaids a~d in tM ~wnt ~ny win of moMy becan~s paYable w+der wch P°~icy Po~'ws s+d MORTGAGEE ~hall Mw tM option to rec~iw ~nd apply ~ia same on ~ccoum of tM ind~bted~ nsu sKUred hN1by o~ 1o Pe~mit siid M(3RTGAGORS to ~eaiw and us~ N or aey parl thereof fa other {wrposes, wUhouf lhereb~ waivi~~ o~ ~mp~ir- ir+p any puity, li~+? o? ri9ht undar w by virtw of this mottpspei ~ tM tveM wid MORTGAGORS ihall fa any ~sason {~il to kaep fhe aid premiies so inswed, or f~il to dslim promptly ~Mr of said policies of inswu~q to s+id MORTGAGEE, a fail promptly to pay fulty any premium therefor p in ~ny nip~ct fail b pKierm, dixhu9e, execut~, tff~ct, camplese, comphr with and abid~ by this coven+nt. w anY pu~ hsrwf, said MORTGAGEE m+Y p~+c~ ~^d paY fw sueh knwann w a+y p~rt tMreof without w+ivinp w affaetiny any option. Ikn, puity, a r'~ght unda w by virtu~ of this Mwtyap~. ae~d the full unount of ~ad~ snd ~v~ry such WYment sFwll be imnediat~ly dw ~nd payabl~ and shall be+r interest from ths d~t~ therwf w+til paid ~t tM rat~ ol nine per untum pK annum ud together wi~ wch interest shall b~ secv~ed by ths lien of this morp+pe. 1. To pKmit, mmn~it or wffa no wast~, impai~ment a deteriaation of said property or ~ny p+n the~wf. S. To pay all aod sirgular th~ cosb, ci~ges and exp~nses, includinp a hason+bl~ attaney's fe~ and costs of abstracts of tifl~, incwred w p~id at b~y t;;ne by said MORTGAGEE, because or in th~ ~wi+t of ths f~ilun a+ th~ p~N of tM ssid MORTGAGOR a duly. promptly snd fully pe.fwm, dischsr~~ ' execvte. effect, compkt~, comply with and abide by ~ach ~nd every the stipvla~ions, ayreamenn, cond~~io~s, aod oov.nann of sad promiuory ~w:a snd ~hii mo?tpaye any w eitha. and said cosb, chu~es and ~xpens~s. esch sr+d tveryr. sAatl b~ immediately dus snd p+yabk: whether w ~ot tl+en be notice ds ` mand, ~ttcmpt ro colkct w wlt pendin~r an~ tha full amount of ~ach' a~d every wch payment sh+ll bea. interos~ from tM date thereof until psid at the ~ rate of nu~ per centum pe? a~uwm: aed sll said aosts, chupes and expensts incvrr~d or paid, loptther with suth imerest, shall bt s~twed by th~ li~n of thif mwt~+y~. 6, ih~t (a) in the event of a~y breach of this Monp+pe w defwlt on ths part of the MORTGAGOR, or (b) in ths event ~ey of s~id sums of momy heroin referred ro be not prompty ud fvlly paid within thirty (30) days next afle? the same sevaally become due and payable. without dtma~d w notke. or W in the event cach snd ewry the stipulatiora agreements, conditions u+d cove~+nts of said promissory oote and th~s moHpa~e any o~ ~ither are nol luly. promptly ~nd fully pe~formed. disclwr~ed. ~xacutd, effected, canpleted, complied wifh end +bided by, then in eithar or any wch twM tM s+id p~ gregsM wm meniwoed in said promiuwy ~ote tha~ remaining vop+id, with intersst scuued, u~d all moneys secured herebY. sF~ll bsmnw dw ~nd p~y- able forthw~th, or thersaha, at tM option of said MORTGAGEE, u fvlly u?d completely as if all of the said wms of moner were oripinslly sNpul~ted to be pa~d on svch day. ~~ythir+g in said promissory note w in thb Mortpape to ths contr~ry ootwitlutanding; and ~he?cupon w thereafhr at tM option of said MORTGAGEE, without notice w demand, w+t at law or in sqvih. therefwe w the?eafter bepun, may be proxcuted ~s if all makys Hcvred hsreby had tn~tured pnw to its insfifution. 7. Th~t in the e~ent that ~t the beglnnirg of or ~t any time pending sny wit upon tha Matgage, w fo foraclost it. or to rofom+ h, a to ~nfwa paymeM of any cla+ms hercunder, said MORTGAGEE shall apply w tl~e CouN 1?iviny jurisdrction therea( for the appointment of a Receiver, svch CouN sMll Fathwith sppnint a receive~ of said mortg+ped property ill and s'ugvlar, indud~ng all and singular ~he income, profits, iuues and revenws fran wMttve? source derived, each and every of w1iKh, it beinp expreuty understood, is hereby mw~gaged as if specifiully set forth and described in the 9r~ntiny and habendum clauses hereof, ~nd svch Receive~ shdl have s0 the brwd ~~d effective funct~om and powers in +nywise enNVSted by ~ Couh to ~ Receiver. ~nd such appolntment shall be made by wth Cowt u ~n admined equity and a maner of ~bsolute right to said MORTGAGEE. u+d without referente to iFa adequacy or inadaquacy of the valw of the property rnatgsged a to the solvency or insolvency of said MORTGAGOR or the defendsnn, u+d thst such rents, profits, incane, issves and revenues shall be applied by such Receiver sccordirg to the lien or equir~ of said N10RTGAGEE and the praa~os of such GouA. 8. To duly, pranptfy and fulfy perform, d'isch+rye. execute. eHed, earplete, eomplY vrith uwd abide by each ~nd wery the stipubtions, agrcements, conditions ar~d covenants in said promiuory note and this ma~tgape set forth. ~ ' • _ 9. That in the event the ownenhip of the mortg+~ed pre*eises, a a~+y part tF~eof, becomis vested . in s per~oe~ other than tM MORTGAGOR, th~ . MORTGAGEE, it~ successon snd assigns, may, without notice fo fhe MORTGAOR, deal with such tuccessor a successor in intcrest with r~ference to Nus mortgsge snd the debt hereby sztured in fhe ssma ma~ner u with Nbrtgagor without in any way viteatirg or dischargirg the Mortp~gors' li~bility hers under w upon the debt hereby secured. No ssl! of N4s premises hereby mortgaged ~nd no fwbearance on the put of the MORTGAGEE or in waesson or augns and no exrension of the time fw the payment of the debt hereby secured qiven by the MORTGAGEf or its successors a auipra, sh+ll oper~t~ to ~elease, dixharge, modify chsnge w affect tl+e oriyin+l liability of the MORTGAGOR F~aein, ekher in w!?ole or in part. 10. It is spec~fically agreed thst time is of the essence of thia contract and that no waiver of ar~y obl'gation hereunder or of ths obliyation se- cvred hereby sf~sll at any time thertafter be hetd w be a w•iver of Ha temu M.eof or of the instrument xa„red herby. 11. In add;tion to the forego:~+g monthly paymenes of princ'pal and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay fo mortgagee with each monthly payment an add~tional sum estimated by mortgayee to be equal to 1/12 of the annual cost of the follow- A-All real property taxes kvied or assessed agai~st the above deuribed real estate. ~ ' S-Pre+++iums on (ire and wirtdstorm insurance as herein requ~red to be wrr'~ on the improvameari situate o~ the above dewibed premises. C-Premiums on such morlgage guaranty insurance as mortgagee shall from time to time de~m fit to carry on the losn secvted hereby. Mortgsgee shall from time to time ratify mwtgagw i~ writing of the ama~nt due a~d payabk hereunder and suth sum shall thereupon be due and payable on the due date of the next monthly payment and each succeuive month thereafter until mortgsgee shall notify mortgagor of s ci~snge in such amount. Such surr.s sFeail be applied by morrgsgee toward the payment of real property taxes, insurance prem:ums, ~nd mortgs~e 9usrmty inswance premiwro. . IN WITNESS WHEREOF, the said MORTGAGOR has haeunto set ha hand and seal the day and yesi fint aforesaid. sgn ,ses~ed an ddw ~ prea of: FtLEO aND RECORDED~ E • ST. IUCIE COUtiTY. FLA. n - ~n:~n = ~IFIED 4 184463 ~ STATE OF FLORIDA ~69 ~~j LO W9 I I• S ~ rouNiY OF 5 t• LUC~@ ~ ~ 8efore ene persooally sppearod i~?,CJ ~ M N~cI18? L.. U1'1de=w~ood C l.E R K C i F~ ~ U 1 his wNe, ro me we~~ known ~nd krwwn to m~ to b~ the individwb desuibed in u~d who e:ewted ths fws9oinp instnxmrU, and acknowledyed before ms th~t th~y exea»ed ths sarra for th~ purposes therein expessed. Md fhs s+id ' My~cua L. Uede~c~raod w~ie of th~ s~id KQith L• Ut1dQY~lOOd ~rpw~ a sep~nt~ ~nd priv~» examiostion by me tsken separate and aput from hsr said hvsbard, adu+oMrlcdged to end befor~ m~ th+t she exeMed ssid imtrwqent ~thel~r and vohin- rarily and w~tho~t sny compubion, cantraint, appreharu+on.~r fear of or from her s~id k~aband. ti~' . WITNESS my hand and officiat sesl th:s ~0 ~ day of OCtOb@r ~i:?~- }~'.-,j~- x-~ ti~~~(-.~ :t :.ti:°.•'~~i~a t~c~:.~: ~ ~~~L~ . J ~ ' - - . ~4~ ~ w:.:r~-- - Notary Public in ar?~ .fOr *h}i~bff~~~~+ - N?y C°'"'R .u~inr' ~ i~ ~ . ~4 Retum Ta ' . ~ ' - - _ First Foderal Ssvinga 3 loan Aswcistion ~ r+~. °V Q? FOrf Pierce. ' _ • . ~ . . , ~ , , - ~ - , Fwt Pierce. Ftw:da ' i i:,. _ ~ j '`?1. f~ " . -'i This Inst~ument Prepared By RiChard K. Kayes . Frst Federal Savings b loan Association - of Fort Pierce ~ Rlorida Chedced By . . aoa~ 1~ ~c~~5~ ~ f _"';•:=~5 J T .Y J~i/t'r„° k~ ~ ~r ~~J~_":~kAt~'' .'F __.r ~ ~ .