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Home My WebLink About1873 To place and co~tin~ously kkp a+ tM buildinpt oow or ht~tahN ~it~at~ on s+id land ~nd on ~II equipment ~nd p~?sor?+Ily tovered by thi~ mort¢ ag~, wi~h ~II pttmi~ms therea~ p~id in fv14 fin insur~nc~ io ths utwl ~a~+dud policy form, in ~ ium approved by tM MORTGAGEE, and windstorm inwranc~ in tM vtual ~t~ndard pol~cy tam, tn a sum ~pproved by th~ MORTGAGEE, in wch company o~ canp+nia as tM MORTGAGEE m+y direds and all iiro a~d windsrorm imvranc~ polkas o~ any of aid buildinpf u?y inNrqt tFarein or p+rt thereof, in tM s~greyate sum afor~~aid a in sxcess theraof, shatl cont~in tM uswl stu+dud mortpap~ ciau~ w wch o~i+N cl~us~ ~s tM Maroa9s~ m+y rpuu~. makinp tM loss undN wid po1} ciq, each a~d every, paYabk ro said MORTGAGEE u iri intKest m~y ~ppeu. +nd each and ~vay wch poliq ihall b~ praaptly au:gned and d~livtrcd to any hsid by said MORTGAGEE ~s fwthe~ secu~ity to iaid mwtq~~ debt, and, not ku tha~ ten (10) days in advanco of the e:pi~+tan of eath pol'~cy, to da IivN to taid MORTGAGEE a ~enew~l therwf, topetF~ with • receipt fw tM pr~nium of wch rtnewalj u~d ~her~ shal{ b~ no fire w vrindslam inw~ince plaad on sny of said b~ildinps, sny iotaeit tMrein o~ put lherwi, unku in ths form and with tM bss p~yabl~ ~s ~fores+idj u~d i~+ tM ~v~nt any wm of ma~ey becomes payable undK such polky or pdicies ia~d MORTGACaEE s1~a11 haw th~ option ro?eceive aad apply the s+n+~ on accoun~ of tM ind~btsd~ n~ss secured h~reby or w permit said MORTGAGORS ro ~steiw and us~ N w any part thereof fw orher purposes, wi~hout thereb~ waivi~~g w~mpair- i~p any puity, IiN? w r'ght v~der a by virtw of this mortpsye: a~d i~ 1M swat uid MORTL'sAGORS shall for ~ny rsason fail ro keep ths said premises so ins~red, or fail b dslive~ promptly +m of ssid policies of insw~ to s+id N10RTGAvEE, o~ fail promptly fo p+y fully any prtmi~m therefw or 1~ any nspsct fail w pulorm, dischu9e, execute, effed, compl~t~, comply wNh and aWd~ by this cownant, a any psN hcreof, said MORTGAGEE m~y pl~u +nd p+Y fw tuch inwranc~ or any p~n theroof without waivinp a affectGg ~nr optio~, lisn, equity, o~ right unde~ w by vinue of this Mortpape. and 1M full amovnt of each a~d ewry such p~ymsm sh~ll b~ imrnediataly du~ and p+y~bb ~e?d sl»II bea? intKest from ths datt thereof u~til paid ~1 t'i.~ rab oi nine per centve+ par annum and to,~ether with urch k?terat sh~ll be aecvred by tM IiM of this mortpape. 1. To p~rmit, oonwntt w wffa no wut~, imp~Kmcnt w d~t~riorstan of ~id propKry or any p+rt thereof. S. To pay all ~nd ~hg~l~r ths costs, ch~rpes u+d exp~n~es. (nclvdi~9 a reason~bFe attomey's fe~ and cosn of ~bttrsds of title, incvrred a p~M ~t any time by Nid MORTGAGEE, because or in tl» went of th~ failw~ on the put of tM said MORTGAGOR to duly, prompdy and foUy perfotm, dixMry~, execute, effect, comptete, oompy with u+d ~b+de by each and every the stipulations, epreert~enM, c~onditions. ~nd covenants of said promiuwy not~ and thw ~ mortgage any or ather. ud taid cost~, chupes and expenses. each and every, ~11 be immediately due and payable: whether or not there b~ notiu da mand, attempt to mllect or suit pendings and tFN full art~ount of each and eva~y s~xh paymeM aha0 bea? intereat from tl+e dats thereof ~ntll p~id at tF+~ rate of nine per centum per aruwm; aod all said costs, cMrgts and ezpe~ses incwred or p~id, togNher with such intet~af, shall b~ secured by 1M Ilen of tha mort9sy~• 6. That in the event oT any breach of this Mwtya~e o? defauft on tM psrt of the MORTGAGOR, or (b) in 1he eveM ~ny of s+~d wms of mo~ey hHein referred to be not promptly and fully p~id within thirty (30) days ne~et after the same severstly become due and payable, withovt demand or notice, or (c) in the event esch and every the stipulations, ag~~ements, conditions and coven+nb of s~~d p¦omiuory note and tha morty+y~ any o~ either ~r~ no1 iuly. prompNy and fuily perfwmed. dixhar9ed. e;ecuted, ~ffec~ed, compkt~d, compl~ed with ~nd abided by, then in e+ther or any such ~wm th~ s+id ~ gregate wm rnentaned in said promiuory note then remainin~ ~npaid, with interest accrued, and all mo~eys secured hereby. sMll betoar dw ~nd pay- able forthwitl~, •or thereafter, at the option of said MORTGAGEE, u fully and canpktely as if •11 of the said s:;ms of money were orginally stipulatad to be paid on such day, snythirg in said prom;uory ~+ote or in this Nlortysye to the contrary notwi~hstsnding; and thHeupon a tF+ereafte? at the option of said MORTGAGEE, without notice o~ demand, suit at law o~ in equity, thereforo or thereafter begvn, may be p?okc~ted u if dl moneys Ncured t~areby had m~tured prwr to its ir~stitution. 7. Thss in ths event that at the begiming of or ~t sny time pe~Kliog ~ny wit upon thi~ Mongsge, or to foreclos~ it, or to reform it, o? to enforu payment of any daims F~erevnde?, uid N10RTGAGEE sMll ~pply to t1+e Court having jwisdiaion thereof for the appolntment of ~ Receive~, such Court sh~ll Fwthwith ~ppoint a receiver of said mwt9aged property all and singulu. intlvd~ng all snd singulu tM income, proiin. iuues and revenues from whatever wurce derived, each and every of wFi~ch, it bein~ expreuly u~ders~ood. is hercby mortgaged u if specifically set fwth and described in the qraminp ~+d habendum clwses hereof, ~nd s~xh Receiver shall h~ve ~~I the bro~d and effedive funct~on~ and po~rers in anywise entrusted by s Co~?t to ~ Receiver, ~nd such sppointment shall be made by such Covrt +s ao admitted eq~ity and a matter of absolute rigM ro said MORTGAGEE, and without reference to t1+e adeqtwcy w inadequacy of the value of tl+e property mwtgagcd or to the sotve~cy or insolvency of uid MORiGAGOR a the defenda~n, and that wcF~ j rems, profits, income, iuves and revenues sMll be applied by such Receiver according to the lien or equiry of said MORTGAGEE and the practioe of s~ch Cowt. 8. To duly, prwnptly and fully perform, discharge. e~cecute, effect, campkte. complY with uid sbde by eacfi a~d every ths stipulatio~s, ayreements. conditions and covenanb in wid promissory note and this rtwrtgsge set forth. 9. TF?at in the event the ownership of the mortgsyed premises, or sny part thereof, betomes vested in a penon othes th~n the MORTGAGOR, tM MORTGAGEE, its succeuws and auigro, may, without notice to the MORTGAOR, dtal with suct~ wccessor w succeuor in intnett with referente ro tF~is mortgage and the debt hertby secured in the same mamer as with Mwtgagw without in any way vitiaTing w discharging the Mortgagws' liability hCra- under w ~pon the debt hereby secured. No ssle of the prcmises hcreby mortgaged end no forbearance on the part of the NIGRTGAGEE or in successors or augra and no extensan of the time fw ?he p~yment of the debt hereby secured ~ivan by the MORTGAGEf w in :uccessors or assipns, sh~ll op~raM to release, dixMrqe, modify chsn9e w affecf the original liability of the MORiGAGOR herein, either in whok w in pu1. 10. It is specifically agreed thst tane is of the euence of tha co~trad and that no waiver ot any obligatan hereunder or of tM oblipatio~ se- cured hereby sMll at any timr there~fier bs. held to be a waiver of the terms F?~reof w of• the i~strumeM secwed herby. 11. In addition to the forego:ng monlhly payments of princ:pal snd interest required by fhe promitsory rate secured hereby, mortgagor tovenints and agrees to pay to mortgagee with esch monthly payment an additional sum estimated by mortgsgee to be eqyal to 1/12 oi the annw! post of the fdlow- ing: A-All real property taxes kvied a assessed against the above described resl estate. . B-Premiums on fire and windstorm imurance u herein requ~red to be carried on the improvements sitwtr' on the above described premisea. C-Premiums on such mortg~ge guaranty insurance as mortgagee shall from t~me to time dcem fit ro urry on the loan secured he+eby. . ~ Mwtgagee shatl from time to time ratify mortgagor i~ writing of the amoum due artd payabk herevnder and such wm shall thereupon be due and payabk on Ihe due date of the next monthly payment and each succeuive munth thereafter umil mortgagee shall notify mortgsgor of a charge in stich i amount. Soch wms shall be applied by mort9sgee taward the payment of real property taxes, i~rance prem:wns, and morigage 9wranry insurance premiums. . IN WI7NE55 WHEREOf, the said MORTGAGOR has hereunfo sst his hand u~d x~l the day and year fint af id. ~ ~ Siy Seakd snd delivered in tM preset~oe of= ~ - ' ~~Ci ~„t~~ rs.,.~ € - R STATE Of fLORIDA ~ $T • WCIB _ courmroF Bera~ ~~.~+uY ~~~d John J. IGe=ns ,~,d Gl~C@ B. K~Zli! his wife, to me well known and known to rne to b~ the individwb described in and who executed ths forepoinp irutr~msnt, and ackrawledpad before ms ticat they exewted the ssms far tF~ pwposes rherein expressed. Ard the.sa~~ Gl'~Ce B. Ki!!Af W~re of rhe said John J. Kerns ~ „po„ .,e~».,h .od pri~n» ~ exami~ation by me taken separate and ~put from her said husbsnd, adcrwwledped to a~d befon m~ th~t she ~xstuted said irotrument fttely ~nd voiun- f tarily ud without any wmp~bion, constraint, sppreF~erKion, w fear of or from her s+id lwsband ~ WRNESS my F~snd aed official seal t1+K a~_7rt~ day of ~tO~e! A. D. 19 69 . / ~ ~t~ ~ - - Nwary P~Wic b~ ~nd for the Stat~ of Horida ~t tarpe Mr Commission ~cpireu Return Ta • `~~~a~~~uutr•1r~~~ ~pl~ . ~ First Fede.~l savjrys a twn Associ.tion ~L..~`? ~ C 71~IM?~ Exp'R i~?OYI AT lA11sE Of fort Pierce. ~ • ~ ~ 1 ~ ~ , ` - . ~ f~ ES SEPT. ~ ~1. ~ ~ Fort Pierte, Flo~ida ~ : = . ~ ' FtLE~ AND RECO~RpEp" _ • • ~ - ~ ~ ST. LUCIE COUNTY. FLA.' _ ~ ; - R; CORG :'ERIFIE~ John ~ ~ ~~es ~ = ' ~ 184`71~ This Instrument Prepnred By . ~ j. ; • " ~ - • , First Federal Savings 3 loan Association y~ Florida ~69 ~~T 23 • • of Fort Pierce ~ ~ _ ~=.g _ ~ ( I . ~ s ~Cla ~ Checked BY t ~ f?UG~P, i'OITRAS ~ EOOK1~0 ~~18 ~p CLERK CIRCUIT COURTJ ~ C~ kr s - ~ : - - - - ~ ,