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Home My WebLink About2083 3. To plac~ and continuouily keep on tM buildie~ps now w h+reaftM ~it~at~ on u~d luid ~nd on +II aquipment ~nd pNSOnaliy tovtred by this mat¢ ag~, witb sll premiums tMreon pa~d in tull, fi~e insu~ance in tM vswl sandard oolicy fwm, in • sum ~pproved by tM MORTGAGEE, and windatorm insurance in tM vswt standard poliq form, in a swn approved by the MORTGAGEE, tn wch comp+ny a compu?ies u the lNORTGAGEE m+y dirac~r +~+d +11 firs +nd wind~ro.m iniwa~a polki~s on any o( said build~rps, ~ny interest therein or pan tF?s~eof, In tFN ~rl9~If fum ~fWfNW 01 in ~xceu thcreof, sMll contain the ti+swl standud mor~yspa~ clwse w sucF~ otha cla~s~ ~s tM Mortpape~ may rp~u~, makinp th~ loss under said po1E cie~. e+ch ~nd evay. psYable ro uid MORTGAGEE +s in intereit may appsar. and each ~nd ~wry u?ch policy s1+a11 b~ promptly ~u:~eed a~d deliv~rcd ~o ; ec sny Mld by ssid MORTGAGEE ai (urther set~rity to said mor~ya9~ debt, ~nd, nof leu th~n ten (10) days ie advanca of tht expfr~tae? of each policy, to dN Gver ro said MORTGAGEE a renewal therwf, te~til+K with a receipt fw IM ,wM+i~m oi t~ch renewalj and Ihsr~ shalt bt no f7rs w wi~s:am inwwnc~ pl+c~d on ~ny of said buiMings, ~ny lnterest ther~i~ w part the~eof, vnless in tM form and with tM lou p+y+ble as afaesaid: u+d i~ th~ ~vent any swn of morK~ becanes psyable unJe~ such policy a pol7ci~s s+id MORTGAGEE shall haw tM opt~on ro receive and ~ppty the same a~ account of the i~bted neu sscu~ed heraby w ~o permit said MORTGA~'~ORS to tKeiw ~nd us~ it Or any part thereof fw olher p~i?poses, w~+hou~ ~he.ebr waivi~~g w~mpair- inq any equity, I'ron a right unde~ or by viNw of ~his morty+yr, and in the ~va+t said MORTG/lGORS shall fw s~y ~eason f~il to keep ~he said p?emises a insured, or t~il to deliver promptly ~ny of said policies of inw~ai+ce to s+id MORTGAGEE, w fail promptly to pay fully any premium therefor cx in ~ny rosped fail ro pertorm, dixhar9e. execwe. ~ffect, compkte, comply with u+d ~bide by this covenant, a sny part he~eoi. ssid MORTGAGEE may plaq and paY fa such inw.ance w any pan ~hereof t+;'but wsivinp w sff~ctinp ae~y option, 1'ien, eq~ity, or ?ight u~der or by virtw of this Mortqa~~. ~nd the tull ~mo~nt of each u+d every such payment shall be immediately dw and payabk and sh~ll bear interes~ from ths date thereof until paid at th~ rat~ ot nine per cenwm per snnum and together with such interest shall ba set~red by tM lien af this mortysye. 1. To permit, tommit o? suffe? no waste, i~np~irment a deteriwation of said property w u+y p~rt thereof. 5. To pay ~II and anpular ths costs. ch+r~ea +nd expK?ses, incl~d'ug a rcasonabk ~ttorney's fee and coits of abstracts of titl~, incvrced w p+id ~t any tune by sa~d MORTGAGfE, because or i~ the event of tM failure on the pa~t of ~M said MORTGAGOR to duly, prompNy and fully perform, dwcl~+~ executs. efiect. compkt~. comply w~th and ~b:de by each and every the stipulatio~s, agreements. conditio~s, and covenants of sa~d p~omisaory note ind thu mwtyaps aoy w e~~her. and sa~d cos», charpes and expe~ses, exh ~nd every, shall be immediately due snd payable: whether w not there be notECe da . mand, ~ttempt to colkct w wit pend~ng; u~d tM (ull ~mount of each and wery such payment shall bear interesf from ~he date thereof w+til p~id ~t the rate of nine per centum per arn~vm; and alI said cosls, chuges u?d expenses incwred or paid, together with s~rch interest, sMll be iecureti by th~ lien of this mortpaye. 6. ihat (a) i~ the event of ~ny Ixeuh of tha Mortyaye or default on the part of the MORTGAGOR, w(b) in the event ony of s~id tvms of money hereio referred ~o be r+ot promptty and fully paid within thirty (30) d:ys r+ext aiter the same uverally become dve and payable, wilhout demu+d o? notits. or in the event each and evuy the stipulations, +greements, condifions a~d covena~ts of u+d promiuory rote and th~s mor~9ape any w either ue nol iuly. promptly and fully perfwmed, d~scharged, exec~ted, effecled, completad. complied with u+d abided by. then in either or any such ewat th~ s+id s~ gregate wm r.xntioned in said promissory nOte then remiininy ~npaid, with interost acuued, and all moneys secured hereby, shall betwee du~ and p~y- able fwthwith, Of fI1lfNffH. at the option of said MORTGAGEE, as fully ~nd compktely as if all of the said swms of money were orfginally stipi~lated to be paid on suth day, anything in said promiuory note or in this Mortgage to tne contrary notwithstanding; and thercvpon w ihereafte? at tM oplion of z»id MORTGAGEE, without notice or demand, wit at law or i~ equity~ tAQfQfOf! Of 1I1lfNFtN begun, may be prosecuted as if sll rnoneys s~cured 1+e?eby had matured prwr to its imtitution. 7. That in tFa event tMt at ths beginning of or ~t snY time pending any suit upon this Mortgsge, or to foreclos~ it, or to reform it, w to e~fora paymeot of any claims hereunder, said MORTGAGEE shall apply to the Court having jwisdictan thereof tur the appointment of ~ Receiver, suc6 Caxt sh~ll fwthwith appoim a receiver of said mortgsged prope?ty all and sinpular, includmg all and singular the income, profits, iuues snd revenue~ irom whatever source drrived. each +nd every of whKh, it beirg expressly understood, is hereby mwtgaged as if specifically set forlh and desaibed in the grantinp snd habendum clauses hereof, and such Receiver shsll have all. the b+oad snd effective funct~oos and powen in anywise entrusted by ~ CovN to s Receiver, sad such sppointmem shall be made by such Court as ~n admitted equity a~d a m+~ter of absolute ~igAt to said MORTGAGEE, and withouf reference fo the adeq~acy w inadequacy of the wlue of the p?operty mortg~ged or to ~he solvency w inwlvency of said MORTGAGOR w the defendanb, and that such renrs, profin, income, iuues and revenues shall bs ~pplied by such Receive~ accwdin~ to the lien w equity of said MORTGAGEE usd the p?actica of wch Court. , 8. To duly, promptly and fuHy perfwm, dixhsrgs, execute, effed, complete, comply with ~nd abide by each and every ths stipulat~ns, agreemenb, • corxi~Yaro and cove~sn~s in wid promiuory nofe and this mortgsge set fwth. 9. Thaf in the event the ownenhip of the mor!gayed premises, a any psrt thereof, becomes vesred in a person other than the MQRTGAGOR, fh~ MORTGAGEE, its su~cessors and assig~s, may, without ratite to the MORTGAOR, deal with such suttessor or sutcessor in inte~est wifh refcrence to thia mortgage and the debf hereby secured in the ssme msnner as with Nbrtgagor w~thout in any way vitiating w discFurging the Mwtgagors' li~bilify hera under or ~pon the debt hereby secured. No sale of the premises hereby mortgaged and oo iorbear~nce on the psrt of tl+e MORTGAGEE w in svccessors or auigns and no exte~sion of the time fw fhe payment of tF+e debt hereby secured given by the hWRTGAGEE or its succeuws w auigra, shall op~rat~ ro release, dixharge, modify change a affect the orginal li~bility of the MOttTGAGOR herein, either in wl~ole or io p~rt. 10. It is specifically agreed that time is of tFro euence of this caitract and that no wuver of any obli9ation hereunder a of th~ obtiyation se- cured hereby ahall at any time thereafter be heW to be a waiver of the terms hereof a of the instrument secured herby. - 11. In add~tion to the faego:ag monthly payments of prirx'pal and interest required by the promiuwy note secured hereby, matg~gor covensnh and agrees to pay to mortgagee with each monthly payment an add~rional sum est~~nated by mortgagee to be equat to 1/12 of the annwl cost of the fdlow- ing: A-All real property taxes levied or assessed against the above described reat eatate. . B-Premiums on fire a~d windstorm insurante as hereirt requ~red to ~e carried or? the improvemtnfs situate on the above desvibed premises. C-Premiums on such rt+ortgage gwronty insurance as inwtgsgee shall from time to time deem fit to carry on the loa~ secvred hereby. Mortgagee shall from time to time notify mortgagor in writirg of the amouM due and payable hereunder a~d such sum shall thereupon bt due and ~ payable on the due date of the nezt monthty payment and each successive month thereafter ur.til mortgagee shal) notify mwtgagor of s change in such amoun!. Such suma shatl be applied by mortgagee toward tF~e paymenf of reat property taxes, insunnce prem:ums, and mortgage guaranty inwrance ~ premiums. ' ~ IN WITNESS WHEREOF, the said MORTGAGOR h~s hereunto set his hand and seal iM day a yesr fint aforesaid. , seat and d~vered ia M~e, presence of: FILEO AND RECORDED'' ~ ST. LUCtE COUNTY. FLA ~ i~ECC?Rf3 ~lFR;FIEO an . n Q,.-=-t ~ STATE OF fLORIDA OCT L 7 HI'1 I I• S st. Lucie ~ Ss- -18487';! ~o~~ ~ Before me personally appeared gstelle Stev~•~- ar~id~T her husband Shernan Steven ,~,d Fzanklin A. 1~arris and Va i M,;f~, ~o ~„e ~,,,~n ~„o~, ,,,d k„~, „ b. the individwls desc~ibed in ~nd who exea~ted tta fore9oinp instrwrrnt, and acknowkdped befon me th~t they execvted ths same fa the pwpoaes therein exa~d. a,d ~F.~ ~~telle Stev~s, aife of the said Sherman Stevens, and y~i~,V Harri~ ri f,g of the said FYauklin A. HaYZ~s ~ ~,po„ , kp~r•t~ and privat~~ exami~atan by_ me take~ separate and apsrt froml~idr said Fwsbandf sdcrwwkdged to and befw~ me thst ~exetuted said insttument tceely and volu~r iarily arcd w~thout any compulsio~?, constraint, appre~ fear of or from?~er wid husba~dc. WITNESS my hand and official seal this day of ~CtO~@Y A. p, 19~ ~ ' ~ . Notary P in u~d fw the State of~1o~ida ~f lary. + My ~~cpi.es: / 9 7 / ` ~ Retum To: " - Fint federsl Savings 3 loan AstotiaYan . ,ti,~atttl~~;; ~t~ p~, ~tak o1 P,crida ~t Larqe Of Fort Pierte. r ~ 6. 1971 . Fort Pierce. Florida ~ : ~ ~lIRISSIOl1 ~9• ; J`1 ' bdw b ~..a«~ F.a a c+2~lor S~Y ; This Instrument Prepared By John W. Co1;31~s'~ First Federal Savings b Loan A ssociation ~~'d •'v ~ • of Fort Pierce , Florida ~ ~ " ~~c~` ' Checked By ~ ~ _ i'~`~~. . :n~ri` ~ ~ ~aac Par~~~ ~ ~ ~ ~ r; ~ ~ , _ - _ ~ - ~ ~ v=~ : - `