The URL can be used to link to this page

Home My WebLink About2371 . - . To placs u+d continuwisly k~ep on tM buildi~ps ~ow a hereaAN ~ituat~ on iaid lard and oe~ ~it pvipment u?d ptrwnally covtnd by thi~ mon~ +g~, with aii pr~mivms thereoe paid in fvl1, f'ue kuvru~c~ in tM ~swl i~adard polity fam, M• i~~m ~p~,xowd by tia MORiGAGEE, and windttam tns~x~~c~ in ?Iw uswl standard polky for.ry in a sum ~pprowd by tM MORTGAGEE, i~? wch company w tompa~ies a tM MORTGAGEE m+y dirsctj an3 all ius u~d windstorm inwranp polkies oo ~ny o( said bvitd'w~s,, any lnhr~it therein a p»t lhsreof, In tM +y~repatt t~m aforttiaid or M~xcess 1i~wf, shall contain tM usw! st~ndard morrpaQw cl~us~ or such aFwr clavs~ as ~M Ma~ya~N may requu~. ~aakinp IM loss under uid poli~ c'a~, esch and evKy. paYabb ro said MORTGAGEE ~s ib tnferqt may appev. ~nd sack and ~vay such poliq shall b~ prompNy ass:yned and d~livaed to any Mid by said MORTGAGEf as furthar iscv~ity ro s~id mort~+Q~ dsbt, and, not Itu than t~n (10) days in advance of tM ~xpi~~Iwn of each policy, to d~ livtr to s+id MORTGAGEE ~ rMewal thsrwf, topHMr with a rec~ipt fo? the pr~miwn of tvch rentwal; and thsr~ ihall be no fire w wind~~orm inwru~t~ pl~ced on ~ny of s+id buildinps. ~ny interest tMr~in o~ part tMrwf, unl~ss in the form and with th~ loss p~yabM u afaesaidt ~nd in tFa ~wnt any wen of mwwY besomes payabl~ u~dsr svch policy a politi~s said MORTGAGEE ahall Mva tM option ro racaive and apply the same on accoun~ ot tM inilebt~ ness ~ecur~d F~~by w w permi~ said MpRTGAGORS to nosiv~ and vs~ it or My part the~eof fw ofher pYrpDSM, withour thNeb/ waivi~~p u impau- i~y any pvi~y, li~n or ri9ht ur~der a by vinw of thls morsp~yr, and in tM ~vMt aid MORTGAGORS shatl for ~ny r~aaon f:il ro keep tM uid {xemisea w insured, p fall to deliver promptly ~~y of said policies of insu~~nce to said MORTGAGEE, w fail promptly to pay fully a~y premium therefa w M any :espect (ail to paforny discharye. execvts, efi~ct, compt~te, comply wtth and abid~ by thb tovensn?, or ~ny part leHeof, ssid MORTGAGEE m~y plsos and pay fa ~uch iruwanc~ or ~ny put therwf witho~t waivinp o~ affactirg any option, lien, eqv~ty, o~ right ~nde? o~ by virtw of this Mor~yap~, and t~.e full ueount of ~acA and ~wry such payment sh+ll be immediafely dw aewl payabte and shall lxsr inttrest from tM dats the~eof unti! paid ~t th~ rat~ ol nine per carewm per aruwm and togetAer with such inttrest shalt bs secured by the lie~ of this mort~~. 1. to psrmit, oonwnit or suffer no wast~, knp~im~t~t or dete~ior~tion of sait! prop~rty o? any pa?t thereof. S. To pay all x~d sirgvlu th~ costs, cFw~es and expenses„ irwludi++p a nasonabk attorn~y'~ fe~ and oosts of abstracb of ~itl~, innined cr p~id ~t any time by siid MpRTGAGfE, b~cavse or in the ewnt of the 4ilwe on tM p+N of t1M said MORTGAGOR to duly, promptly and f~lly perlwm, d~schsrp~ execut~. effecl. complN~, comply with and abide by ~+ch and every the stipulstions, ~yreementi, conditions, and aoven~nn of said prpmisaory note and tha mortgapt any or either. a~d iaid costs, ch~ryes and expees~s, e~ch ~nd evary, shall be immedi~tely due and p~yabls: whethe~ p not there b~ noric~ dr ma~d, ~ttampt to colkct w wif pend'ug: and the full amouM of each arid every i~rch payment shall bear iRtcrest irwn ths date theneot until paid at tht rate of ~tit~s pe~ ce~tur~ per annum; aed all taid oosts. ch~rpts ~nd tzp~nses incurrad a paid, together w~th such imapi, sh~l! b~ sscured by 11» lien of thi~ ^~atpap~- 6. Th~t (a) in ti~e event of eny breach of this Mortyay~ or defavlt on fhe pan of ths MORTGAGOR, a(b) in the event ~ny of sa~d sums of moewy hercin nferred ro be not p?omptly and (~ly paid within thirty (30) d~ys next ~ftN the same saverilly become due~and payable. witho~n derr?~nd or notip, or (cJ i~ the ~vent each ~nd every the sliputations, ~gr~emen». conditions u?d cova?~nn oi sa~d promisso~y note and th~s matpape a~y ca ~itAer u~ no1 i~ly. promptM~ snd fully p~rlormed, d'acl+ir~ed. ~xssm~d, ~f4ected, completsd, con;pl;ed w;tb ~ex! abided by, thsn in either w any such swm tM s~id ag gregats wm meMioned in said promissory note thei+ remainirg ~npaid. with intenst xaued, snd all moneys aec~red hereby, shall becoms dw and piy~ abls fathwith. a thereafter, st the option of said 1NORTGAGEE, u fvlly and comp!.sely as ii aN of tF~e uid wms of ma?ty were arginally atipulated ro be paid on s~ch day, anythiny in sa+d ryomisaory note a in this Mortga9e to the contrary notwi~hstsnding: and thereupon w there~fta at tM option of said MORTGAGEE, withOYt nOfiCQ p fIlTind, wit ~t iaw or in equiry, the~eforo or thercaher begun, may be prosecvted as if a!! nwneys secwed hereby had marured pnor ro in irotitution. 7. That in the event tMt at the beginnirg of or ~t ~ny time pendinp any wit upon thq Mortg~ge, or to foreclose it, or to ?efam it, w to enfwa payme~t of ~e~y claims hereunder, said N1pRTGAC,EE sMlf spply to ti+e Court havinp jurisdictior? thereoi (a the sppo~nrmeot of ~ Receivea, wch Caxf shall f«thwith appoint a rcceiver of said mortps8ed properfy ~II and singvlu, includ~ng att and singulu the ineome, profit~, {ssues and revenves from wAst~vt~ source derived. each and every of which, it beiop expressly understood. is hereby mortgaged u if specifically se~ fw~h and desuibed in ths pr~nting u+d habendum dauses I~ereof, a~d ivch Reoeiver shall have all the broad and effective fwxtions u~d powe?s in snywix entrusted by a Coun to a Receiver, and such sppointment sha11 be mack by wch Cowt u an sdmined equity a~d a mattr~ of absolute r'~ght to said MORTGAGEE, u~d wi~hout reference 1o the edeq~acy w insdequacy of the vslw of the property mortp~yed or to tM wlvency or ;nsorvency o( said MORiGAGpR w the defendann. and that s~ch renrs, profi», lncome, iu~es snd revenues shall b~ ~ppl;ed by such Receiver accwdinq to ths lieo w puiry of said lYIORTGAGEE snd the practic~ of wch Court. 8. To duiy. promptly +nd fuly perform, dixharge. executa, effect, compiete, comply with snd abide by ~sch and every ths stipulations, ~graemsnts, cor~ditions and co+rena~ts m said prom;uory note and this mortgage set forth. - ~ 9. That In the evero the ownership of the mortg~ged pre,nises, or any part thereof, becomes vested in s.perwn other tMn the MORTGAGOR, tla MORTGAGEE, in svccesson ~nd auigns, msy, witho~f notice to the MORT(i110R, daal with such wcce~sor o~ wocessos ;n interest wi~h ~efaence to this mwty~ge ~nd tlx debt hereby setured in the same marr~es u wifb Mwtgagw with.out in any wsy vitiatieg or dischugirg the Monyagers' Iisbililji~IMn. • undcr « vpon ehe deb~ he.eby secured. No sa{e of the premises hereby mortg~ped and no fo?bearance on ths part of 1he MORTGAGEE w its successon or assigns and no exrension of the time for ths payment of the debt hereby secured given by the MORTGAGEE w its succeuon or ass;Qns, st?sl) sptrat~ ro rekase, discharge, modify change or affect the wiginal liability of the MORiGAGOR herein, either in whole or i~ part, 10. 1t is spec~PKally agreed that time is of the essence of this contract and that no waiver of any obl'gatan hereunder or of the oblipation se- cvred hereby thslt at any time thereaftcr be hefd ro be s waiver of the terms he?eof o? of the instrument secured herby. 11. In add~~;on w rhe forrgo:ng inon~hlr parmer,q of p?~nc paf a~xi interest'requ'aed by the paom;ssory note secured I~ereby, mortgsgor covenanb and agrees to pay to mortgagee with each moothly payment an addirional sum estimated by mortgagee to be equal to 1/12 oi the annwl cost of the follow- ing: A-AO rea~ propeity taies kvied w auessed against the above described real estate. B-Premiums on fire arid windstorm insurance as herein requ'ued 1o be utriQd on the improvements situate on the above described premises, ~ C-P~emiun?s on wc}? mortgsge gwranly inwn?~oe as ~tgsgee shall from lims to *ime deem fit to urry o~ the Iwr~ secvred hereby. ~ Mwtgsgee shall from time to time notify mwTgagor ie writing of fhe amouM due and psyabk hereunder and such wm shall therevpon be dve and j payable on the due date of the next monthly paymenf and each succrssive month thereafte? unri! mortgsgee shall notify mortgagor of a change in ~eo~+ml.~ Such sums shall be applied by mortgagee towa~d the payment of real property tsxes, insursnce prem;urt~tf a~d mortgaye gusranfy ' ance IN WITNESS WNERfOF, the ~aid MORT~'iAGOR hss herewNO stt his Fwnd and seal the day uxl yes~ fi ~ fs oressid. ~ - ~ Sgned, Sealed del' u~ presence of: ~ ~ 1 - es ur on ~ n ' ~ - eanoz . ur on ~R # STATE OF]~mqwc GBORGIA . ~ COUNiY OF ~ - B~fa~ m~ pe~sonally sppt~rsd ~1aZ1li_ B. BllltOD ~nd BllallOZ O. B11lt011 his wife, to m~ well known and knowe to me to b~ rhe individwb describsd in and who ~xewted the far~poirp i~~rt~t, and acknowledped b~fort me that tl~ey s:~cuted tM wm for the pwpos~s therein expresssd. And ths sa~ Bllilfp! Blllt011 wife of the s+id Ch~l1!! S, BurtOfl t~ti~~tN~~~ur~r, ~ aN and privaa examinaYao by me taken sepsrate snd apart hom Mr said husband, adcnovvl~d~ed to and befort m~ that sMs exsarted ~1 and volw~- Y nY pu an, wnstraint raril and virithovt • com b' .+Pprehees+a+, or fsar of or from I~er ssid twsband. ;~,r+'~ W I T N E 5 5 m y h s n d s n d o ff i c i d s e a l t h i s 1.2 d a y o f ~ C t O b 6! . o 19 6 9 ~v s ' ~ ~ ~ J ~ . , fV2tary Pubik in ad ~~51/1~_of.Fbriif~t~.~~ ~ . My Canrnission • 's • • Rervm To: • • Notary Pub ~c. q 1 first Federal Ssvinys 3 Lwn /4acistioo Co:nm~ss~o:l~, p~i~~.~" ~ 1 ~ O3 Forf P7erce. ~ / ~ ` ~ ~ . P~.~. F~.~ ~r~EO ANO ` " . ' LV~~E COUN~'Y:~~I:A~ , 7~' t?[; V~R1f~E~ ~ ~ R r. C i~~a~ This lnstrument Prepared By J. D. G?~astain ~ First federal Savings b Loan Association 3~}~: 0~ ~ of Fort Pierce ~ Florida +69 NOII Checked By ~ ~t ~ _ ~ ;~~t;e-r~, ~Q~?R RT 0 R~80 PAGE CLERK ~IR~Ut7 COU dOQK ~.JUO ~ ? ` ~ ~ ^ f ~ =s'~~;~:~.._..~ ~ 1- - J ~ _ .z_ ~ ~ 3~:~~. -