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Home My WebLink About1567 ~ , 'i t r~ ~ • ` 3. To pl~c~ and conttnuously kkp on th~ buildinpt now or h~n+ft~ ~iwa» on satd I~nd ~nd on all equtpmer?t and pKSOnally covaed by thi~ nwrp~ with dl p~~+niw~s thereon p++d in fu16 fin insur+nu N+ ~h~ ~swl s~~nd+rd policy fotm, in a svm ~pprowd by ths MORiGAGEE. and winditorm Insw~nu in tM uiwl ~tand~.d pol~cy fam, in • swn ~pprowd by th~ MORTGJ?GEE, in wch comp+nY or comP+niti a the MORTGAGEE nNy dir~ctt ~nd ~II fir~ and wN~dstwm inw~ano~ polici~+ oe +ny of N~ bNlldilf~i. M1y IMf~Ht tFNfOHI 01 ~~f iI1Q~00f, ia+ tM appre~at~ awn ata~said w ~ tn taoess tMnof. ~MII tontain tM uwsl atandxd matp+p~~ dws~ w wch ot1~ claus~ as tM Mortp~N rt~y ~eq~tn. m+kinp tM lou ~aid po14 cies, each and every. WY+b1~ w ssid MORTGAGEE ~s its intKes~ ~nay app+ar. and each aod ~wry tuch ~oliq iMl{ b~ promptly aa:yned u+d detivered ro any Mld by said MORTGAGEE u funher kcvrity to said matys~s dsW, +nd not I~u th~n ~en q0) days ln adv+ncs of ~M txpiration of each polky. to d? liw? ro s+id MOItiGAGEE • rt~awsl tMr~of, IopNlwr with a rectipt for tM premium of wch re~ewalj and tMre shall be nQ fue w windstam :nwrarrc~ plapd on any of said buitdinys, ~ey inteast tMrNn or p+rt therwf, ~nleu ie ths form and wi~h tl+~ loss pay~bb ~f ~~O~ffiidl u~d in th~ ~wnt any aum of moMy becornes payab~e wKMr such PdkY a Pdici~a uid MORTGAGEE ~hall h~w tM optan to r«eive and spply the same on accow+t of th~ L+d~bted- ness sacvrtd Mreby a ro pennif uid MORTGAGORS to ?eoeiw u~d us~ it a•ny part tMraof fw olher purposes. without the~eb/ waivi~y ot impsir- inp any pviry, lien o~ ~ipht unde~ w by virtw of this mortpap~t +~+d ~~~~?t aid MORTGAGORS shall for s~y reason fait ro keep tM uk! premisa so inwred, w fail w dalivar prompNy any of said policies of insuranc~ to aid M10RiGAGEE, w f~il promptly to p+y tully a~y p~emivm tharefw or in any respecf fail b perfweq, diuMr~s, ~xacute, ~ffect, campkte, comply with snd abids by this covenant, w ~ny pa~t I~ereof, said MORTGAGEE m+y p1+ct +~+d paY (or w~h irowanp or ~ny put tMreof w~thow waivirg w ~ft+ctinp u~y opYan, lien. puity. w rpht under o? b~i` virtw of this Mortq~. and tM full ~rtw~nt of sach u~d every such p+yma+t sMll b~ immadi~tely du~ u?d pyabb ud shall bear ieiterest from tM d~t~ thereoi u~til paid ~t tM ~~t~ 01 nine per or~tum pK annum ir?d together with s~th lotxest thatl be secured by tM lien of this matptqe. 4. To permit, oamut o~ suffa no wast~, impairrt~ent o~ dete~iowtion ot s~id prope~ty or ~ny RsH tl+ereof. 5. To p+y ~II and sinpul~r tM cosn, d~arp~s and sxpens~s, indudirq a?s+son+ble sttomey i fes and aoits ot sbstracn of titls. incvrred w p~id ~t any time by said MORTGAGEE, becauu or in th~ went of tM failurs on tM part of tM said MORiGAGOR ro duty, promptly ~nd fully pafwrty d~scMrq~ execut~, effect, compl~t~, comply with u+d ~bids by tach and every tAe stiwilatio~s, ~yreements, conditio~s, ~nd covenants of said promissory no~~ and thii matyage any w ei~ha. and sa~d costs. char9es +nd expe~s~s, each and every, shall b~ immediately due and p+yaWe: whether a not ther~ b~ notice da mand, anempt to cotkct or wit pend~ng; and tM full s~nount of each ud ayery such paYmenf shall b~r ime?est from tM daee thereof until p~id at the rate of oine per ceotum per amwm; and sll said costs. cFwpes and expenses incwred a paid, top~tMr witb such intaest, sh~ll b~ secu~ed by tM li~n of tFNf mor?9+q~- . 6. Th~t (a) in the evarj of any breach of this Mwty+y~ w defavtt on the part of the N10RTGAGOR, or (b) in ths event any of said sums of momy herain nfa~ed to be ++ot prompty and fully paid within thirty (30) d+» aex~ aftc? the same aevaalty become dve ~nd p+yable. without d~m~nd or notio~, or in the ewnt each ae+d every tha stipula~ioea, ~greernsnn, conditans +nd cown~nn of sa~d promiuwy note snd th~s matya~ sny w either are no1 iuly. PromPtly snd fully pe?fo.med, dischsryed. ~x~cuted, effected, comPktad, compl~sd with ~nd abided by, then in either or any such w+nt th~ t~id a~ gregate svm mentioned in said promawry note thtn rem~ininp unp~id, with interest xu~ed, and all ma~eys secured F~ereby, shall betwn~ dw and psy~ sble forthwith, O~ ~IIlfNf1N~ at th~ optan of said MORTGAGEE, u fully ~nd compk~eFy as ii ~II of thc said wms of money were agin~lly ~tipulated to be paid on suc!? ~i:y. anythir+p in said p~omiuory ooM or in this MorlpaQe to the tontrary notwi~hstanding: and thereupon o~ thereafter at tM qotion of said 1NORTGAGEE, w~thout notice w d~m+nd, wit ~t law w in eqvity, Merefore or thereafter beg~n, may be prosecWed as if all moneys s~cur~d hxeby had rtNtured prior to its institution. 7, That in the event that at the begirM+ing of or at any t~me pending sny wit upon thh /Nortgage, or to foreclose it, or to mform it, or to enforp payment of ury daims hereunder, said MORTCaAGEE shall apply to tAe Co~rt having jurisdiction thereoi iot tfie sppointmEnt of a Reteive?, such Court sh+ll forthwith sppoi~t s receiver of said mwty~ged property all ~nd sinpulu, includmg atl snd singula~ ~he income, profits, issues and revemres from whateve? eource derived, each a~d every of whKh, it beinp expreuly understood. a hereby mor~gaged +s if spec~fiulty set fwth a?~d described in~ the pr~ntinp and habendum clavses hereof, and such Receiver shall have all the brwd and effective f~ncttans and powers in anyw~ss entrusted by ~ Court to • Receiver, and such appointrt?eM shall be made by such Cowt u an admitted eqvity snd a miltar of absolute ri9M ro said MORTGAGEE, and witFwyt reference to tht adequacy or in~dequscy of the value of the property mortgsyed w to ths solvency w insotvency of said MORTGAGOR w the defendants, ~nd that such renn, profits, Intome, issues and rovemres sh~ll be ~pplied by s~rth Receiva accotdinp to the tien o~ eqvity of said MORTGAGEE snd the ptattite of wch CouA' " ~ 8. To duly, promptly ~nd fully puform. dfscha?~e, execvte. effect, complete. comply with and abie4 by exh and wery tht stipulatio% apreement~, conditio~s and covensnn in said promissory nwe and this mwtg+ge set forth. 9. 7Mt in the evant the ownenhip of the mortgaped pre+nises, or ~ny p~rt tha?eef, bec~omes vested in a perso~ other thsn tM MORTGAGOR, tl+~ MORTGAGEE, its wccessora and auiyns, may, without nor'~ce to the MORTGAOR, de+t with wch successa or waessor in imerest wifh reference to this mo?f9a9e an~ the debt hereby setured in the ssms manne? as with Mo?tgagw without in any way vitiafirg w discMrgirg ths Mottgsgors' lisbility herr under or upon the debt hereby secured. No sale of the premises hercby mwtgsged and no fabearance on the psrt of the MORTGAGEE or its successors a ~ugos and no extension of the time for the payment of the debt hercby secvred ~iven by the MORiGAGEf or i~s successon or ~ssiQra, shall operaq ~o releaae, discharge, modify ch+nge a affect the original liabiliry of fhe MORTGAGOR here'~n, either in whole w in part. 10. It is specifically agreed that Ym+e is of the euerue of this contract and that no waiver of v~y. obligation hereun~r w of the oblip~tion se- cured hereby shall at any time thereafter be held to be • wsiver of the tenns hereof w of the instrument secured herby. 11. In add~tan to the fwegoinp rt+onthly paymenri of prinC'pal and inrerest required by the promiuwy ~ote secured F~eby, morfgsgor tovensnn and agrees to pay to mortgagee with each monthly payment an additionsl sum estimated by mortgagee ta ioe equal to 1/12 of the an~ual cost ef the follow- i++9: . . E A-All real prope?ty taaes le.wied or assessed against the ~bove described real estate_ ~ B-Premiums on fire and windstorm inwrance as herein requ:red ro be carried on the improveme.~ts situat¢ on the above desaibed pranues. C-Premiums on such~mort9age gvannty insv~a~oe ss mortgsgee sh+ll from time to time deem fiT to carry oo tFie loa~ secured hereby ~ Mortgagee shall from time to time notify mortgsgor in wririrg of the amount due a~d payabk hereunder and such wm shall thereupon be dw and ~ payabk on the due date of thr next monthly payment and each wccessive month thereafter until mortgagee sFwll notify mortgagw of a charge in svch C amovnt. Such sums shall be applied by mortgsges towud the payment of real propcrty Taxes, iriwwnce p?em:ums, and mwtgsye gwrantp inwrana ~ premivms- • - IN WITNESS WHER~OF, the said MORTGAGOR Fws hereunto ~et hii hand and sea yeu first afor ; sg ~a .~a i~ ~ +n~ w~ ~ FILED AND ~~~a~~~ • -T, i'~CtE COUNTY F ,~.~;~r, ~~r-.;~,:t~;, ~ ; _ _ ~ ~ . - iS4~64 J~,~.~ 20 ~y ~ T N~ STATE OF FIORIDA ST • I.[1C IQ ~G courmr oF . ~ _ _ tTt : S ~ ~~~y ,~s~ Bv~~ '~,.ti~~~ps~ts(~T sinale adult ~p~c ~;t~ . - - 7t~oobe to n» weu known .nd known +o me fo b. ; the individwly desuibed ln arw! w!w exewted ths forepdrg instrvment ~nd atk~wwletlpad beforo ms tMt ~ execvted the ssm~ for tM pvrposas i rl~erein ~pressad ~ , v~wrr WITNESS my h~nd ~nd official ~al th' day oF ~t A. D. 19.~_ ~ , Pvblic in ~nd fw ths Stst~ of Florida ~t larp~ ' My Ca~rnosion ~:pires: Retum To: • • . ~ i ~ r.. MO1ARf PU811C~ STATE aF FLORI~II AT I/YiCE R.st Fed.rat s.vinps a tosn Aswci.ti«+ ~!s"' 111f CJ~ ~O~N Ni~ ~ SEp~ 1~1i Of Fort Piercef~-~ ` . ~ 'f. ' ~ iort Pierce. Flaids --1',~' , . . . _ ti; ; . _ . - t , ' • j'~_ + - ' ' • - This Instrument Prepared By .10~ W. -.~ollins •~~',f• First Federol Savings b loan Association s,y,~ ~ . ~``ti,. • of Fort Pierce Flo7Cida ~ ` - f ~4~'~~+: ii t'*~ ~ Checked By _ l - ~ • _ eooKlgO ~~~~.564 . C_ - - ~ _ ~ x .