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Home My WebLink About1569 ` E ~ 9. To place ~M! conHr?uovsly ke~p on tM buiidinps now a iwr~afiK utusf~ an s+W land aad on sll equipnsnt ~nd p~non~lly cov~?~d by th4 mort~ +p~. with all pemiums thsreon p+id i~ f~14 f'u~ Iniu~~nu in tht uswl sta~dard policy torm. in a sum approv~d by tM MORiGAGEE. and windstorm inswanc~ in tiw ~swl standud pol~cy fam, in a wm ~ppror~d by tM MORTGAGEE, io wch company a oompanies as tM MORTGAGEE nuy d'u~dt u~d all fir~ ~nd windstorm inswana policies on aM? of said b~ild'uga, anY InMrtii thKti~ w pa~i the.aof, in tM ap~re9at~ wm afaes+W o~ in ~xcess the~wf, sh+ll contain tM uswl sar+dard morty+~ claw~ w wch WM? dws~ +s tM Mo?~pa~ r^+Y rMuir~. makirg ths lou under said po~4 ci~a, each and ~wry, p+Yabk w i+id MORTGAGEE a iq ioterat rtsay ~pp~a~. u~d exh aod tvery wch poliq ~hs~l b~ promptly ~u:pned and d~liver~d to ~ny MW by uid MORTGAGEE u(wtMr secvrity ro iaid mortps~e ~b~• +nd. not leu tMo ten (10) days in advance of tM expiration of e~ch policy, ro dr IivK to asid MORTGAGEE • ~enewal thxeof, W~stF~ with a nc~ipt fo? the pn.niw~~ of wch ra+ewal; snd the~~ shall b~ no f'ue a wiod~to~m inwrana pl~pd on ~ny of said buildir+ps. any Inta~st thsr~in w p~rt tl+ereof, unless in 1M fam a~d with tl» los~ payabl~ ~s a(ats+id: +nd 1n Mt ~wM aey wm of rt~on~y becorties p+yaW~ w~der such poliry a polici~s u~id MORTGAGEE sh~ll haw tM option ro receive a~d apply ths s+me on ~ccow+t of the ind~bted~ nqs tecwed h~reby o~ to permit said MORiGACsORS to noeiv~ and us~ It or ~ny par~ thereof fa othe. purposes. wi~hout the~eb~ waiving o~ ~mpair- inp any p~ity, lie~ a riyht w~det ar by virtw of this mortg+ye; and iA tM ~vent s~id MORTGAGORS ihall fo~ aey rsason f~il ro keep ~M aaid p?emisa w ie?sured. a f~U 1o dtliva promptly any of said polities of insu~~nu ro said MORTGAGEE> w fail promprly to p~y fvlly any premium therefor w in ~ny respect fall to pKform, discharye, ~xecvte, ~ffM, comp~ete, comply with and ~bid~ by this cow~ant, o? u?y par~ hcreof, aid MORTGI~GEE may plau and pay fw such inwrar~ w aey put tMreof without w~iviep o~ aff~ctiep arhl option, litn, equity, o~ right under o? by virtw of this Mw~~ps, and thc full art~o~nt oi each and ~very such p+ymMt sh~ll ba imrnedi~tely dw and pryabl~ u+d sMll bes~ intereic from tM dat~ thHeof until p~id at tt» rat~ oi nins per ce~tvm pe~ aonum and tcgether wi~h such interest ihall be secvred by tM lien of this mort~+Q~t. 1. To pKmit, car.mit w suffa no wast~, ir~im~ent or deterioration of said property or +ny parf t1?e~eof• S. To p~y all end sirgular the costs, cbu~et snd ~xpenses. indudi~p a reaso~abk attwney's fee snd coits of abstrscts of title, k+currtd or piid at any tie?e bp said MORTGAGEE, becwse or In tM ewnt of ths fsil~n on ths part of tM uid MORTGAGOR ro duly. prompt~Y +^d fi+~~Y P~a^L d'xMroR execuro, effect, compleq, comply with and ablde by e+ch ar.d every the stipulations, agreemcnn, cbnditions. ~nd covenann of said promissory not~ ~nd this mortgape any w eithe~. and said costs. ch~rpas ~nd ~zpe+ues, each and every. sh~ll be irnnxd;ately due ~nd p+yable: whethcr w not there be notics de mand, attempt to coliect or wit pend~np; uid tM full amount of each end ev~ry s~ch payment shall bear interest from ~he dat~ thereof until p~1d at tM rate of nine per centum per ~n~wm; and ~II said costs, cF?upes ~nd expaws intv~red w paid. Ie9ether with such interett, sh+il b~ sacvred by tl+~ lia~ of t1w mort4+y~• b. That (a) in the event of ~ny bnach of this Moregs~e or default on tM part of ths MORTGAGOR, or ;b) in the event ~~ry? of ssid wms of eaney hecein ~eferred to be not prompfiy and fully paid within thirty (30) davs next after 1he same severally become due and p~yable, withoul demand or notioe, or in the event e~:h and every the stip~?lations, preemenn, conslitian and cowr~nh of said pr«n'~ssory not~ snd th~s mortpag~ any a ~itMr ~r~ nW ~uly, prompNy u~d fully pafwmed. d~scharged. exasvtsd, ~ffected. comp!eted. comPlied with and ~bided by, then in either w ~ny iuch twnt 1Fw said ag gre9ate sum memioned in said promissory nota then rem~ininp ur~paid. with intereat accrued, and alt moneyt secv~ed herebY. sMll bet~+e dw and pay- able forthwirh, or thereafter, at the option of said MORTGAGEE, u fvlty and compktely as ii all of the said wms of money wero origin~lly stipvlated ro be paid on sucb day, anything in said ~omiuory note w in tha Mortyaye to the contrary notwithstsndinp; and thereupon or thmeafta ~t th~ option of ssid MORTGAGEE, without notKe or demand, suit at law or in equity tI1NQFOtQ Of tI1lfNftN begun, msy be proxcuted ss if all moneya wcund hs~sby had m~twed ptiw to ifs institution. 7. That in the event that at the beglnnir~g of or ~t sny time perKlin~ any wit vpon this Nbrtgspe, or to foreclose iL w to refam it, a to enfora payment of u~y cla'uns hereurder, said 1Y10RTGAGEE'shalt spply to the Court having jwisd~nion thereof for tl+e ~ppointmem of ~ Reteiver, wch Cowt shall iwthwith appoint s receiver of said mortgsgad property all uid su~pvla?, i~uludu~p all Dnd singular tM income, profits, issues and revenues from whatever source de~ived, eacF? ~nd every of wFi~ch, it bei~p expres3ly u~deritood, is hereby matgaged u if spedfic:ity set fwth and described i~ the qrantiny a~d haberwium da~ses hereof, and wd~ Receiver ah~ll have ~II ths bro~d +nd effective f~l~ctions and powers in anywise entrusted by a CouA to a Reoeiw~. ~nd :uch sppointment shall be made by such Court as an admined equity and a matta of ~bsoiute riyht to said MORTGAGEE, u~d witFaut reference to tl+s adequacy or inadequacy of the wlue of the properry mortg+9ed or to the solventy w insolvency of said MORTGAGOR w the defendants, and that such ren~s, profib, income, issues and reveewes sh~ll'b~ applisd by wch Receirer according to tFw lien or equiry of ~aid MORTG/IGEE and ~he practice of such Coutt. - . 8. To dufy. p?omptly and fully perfwm, discharye. execute, eHect. compkte, comply with ~nd abide by each and every ths stipulations, apreemanb, conditiorn and cover~nn in said promissory rate and tha mortgags set forth. 9. That in tht event the ownenhip of tF+e mortga~ed premises, o? any paA thereof, beca-~es vested in a person othar th~n t!» MORTGAGOR, tl+~ MORTGAGEE, in wcceuora and suigns, m+y, withow notice ro tM MORTGAOR, deal with such successor w axcesso~ in interest with nference to this mortgsge and the debt hercby secured in the same maone~ as with Mortgagw without in sny way vitiati~g a discFurginy ihe Mort~sgws' lisbiliry 1~era under a upa+ the debt hereby secured. No sak of the Fvemises hereby mortga9ed and no fwbearance on the p~rt of the N10RTGAGEE or its svccessors or aug~n snd no extension ~f the time for the payment of the debt hereby secured piven by the MORTGAGff w its sucusson or ~uiyns,.shalt ops~ate to release, discharge, modify cM~ge or affect the wiginal liab~lity of the MCRTGAGOR herein, eiN~sr in whole or in p+rt. 10. It is specifically agreed that time is of tF~e euence of this contract and that no w~ivar of any obl'~gation he?e~nder or of the obliyatwn se- cured hereby shall st any f'unc thereafte?. be held ro be ~ waiver of the ferms hereof or of the instrvmen! secured herby. I1. In add~ian to the fo?ego:ng ~nonthly payments of princ'pal and irtterest required by the promFuory note secured hereby, mortgigor covenanb and agrees to pay io mortgsgee with each monthly payment sn adiitiona~ sum es?imated by mortgsgee to be equal to 1/12 of the arow+l cost of the follow- ;ng: - A-All real property taxes kvied w assessed against •the above desaibed resl estite. B-Premiums on fire and windstorm irnvrance as herein requ~red to be urried on the improvements sitvate on the above desvibed premises. C-Premiums on wch mortgagc+ gwranty insunnce as mortgsgee shall from t~me to time deem fit fo carry on the los~ secwed hereby. ~ Mortgagee shall from time fo Yune notify mortgagor in writing of the amount due and psyable herevnder ~nd such wm shall fherevpon be dve and ( paysble on the due date of the next rronthly payment ~nd each succeuive month thereaher until mortgsgee shall notify mortgagot of a chanye in wch amount. Such sums sF.all be applied by mwtgs9ee toward the p~yment of real property taxes, insurance premEvms, snd mortgape guaranty insursnce premiums. • IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set !rs hand and se:l the day snd reu first aforesaid. i ~ ~ ~ a~ °~ILED AND REEOROED ~ f ST. UlCiE CQUNTY, FLA. ~ ~ . . ~n ~~~~~~~F~ _ ~ 184465 n -~9 C~~T 2 0 1~~1 I!: 9 STATE OF FLORIDA ~ ~ ~ . COUNTY OF St • LLtCl@ Before me parso~ally appeared ~ ~ _ . - . ~ S ~nd 12d I ' . his wife, ro me well known ~nd known to me to bs the irtdividuab daaibed in and who exewted the forcyoirg instrumant, and ad~nawledped before me that they e:ecuted the ssna for the purposes fhereie expressed. Md ths said Judv i. $Z@IZ w~ie of ths ~a~d Willia~ F. BZell , i~pon a sepa.~te «~d priva» examinaYan by me taken separste and spsrt from her said husbsnd, ackrwwledged b end before me that she executed said ir~trvment hedy and vo1u~- rarily and withwt aMr compubion, oonstraint, spprehens7on,pr fear of or from her s~id iwsband. , WITNE55 my h~nd and official sesl thK ~7 Z~ ~y of OCtOb@1' q, p, ~q~~ . Nwsry P ic in and_ for t State of Florida at lup~ , My issan expir~s: ~ . / ~ 7 ~ Retum Ta. ~ FiM Federsl S~vinps 3 losn /lssociation ;,.:~•.c,~,,,: P~c Sule of Of Fat P~erce. ,t~': ~ 1' . I~~ r " ~ ~ ~t ~ ~ _tl. ,Fort Pierce. Flwida C _ ~i~~ c~ 6~ - ! ~ • ~4l~cedlrEi~iSi~irfU . . -~s; yJ This Instrument Prepared By John W. ~Q~?.l;ins _ First Federal Savings b loan Association • o_ ~ • of Fort Pierce , Rlorida . ;~'j,i'-~~ ~Q~~ . ~ic" ~ ~ - ` ~•'9 /:-l' ~ , ~~,-t4, . Chedced By ~rf~ • f ~''O~'~.. `i: . Boox ~80 P~~5S6 C~ ~ ~ ~.a.~,r ~ ~ ~ .~~:':~~,~~°.~t~..,a~~;~-~"~..~_`=: n