The URL can be used to link to this page

Home My WebLink About2790 3. To placr ~nd continuousy ke~p on th~ buildinys ~ww w hK~~hN utwt~ on said land and on all equipment ~nd pason~lly covaed by thi~ mort~ aps, wi~h all pemiumt thereon pa~d i~ futl, fi~e iniur~nce in ~h~ uswl iundard policy form, i~ a ium appraved by ~M MORiGAGEE, and wi~dstorm tnswsnc~ in tM ~swl i~andard pol~cy fam, in • sum ~pproved by ~M MORTGAGEE, in uxh canpany w canpanies a+he IAORTGAGEE may diredt and all fire and wir+dstomi i~wrana policies on ~ny ot taid b+ildinps, any intet~tt thtreln or pa?t thereof, Ie Iht pyreyat~ tum a(on~aid or In ~xcas Ihe~wf. shall contain tM uwat standud mortgayes clau~e or such othe~ clws~ as tM Matyayee m~r rp~i~~. makinp tM lou unde? ~a~d po1F cies, e~ch and eve?y, paYabl~ ro said MORTGAGEE as its intersst may ~pp~ar, u+d each ind ~vsry auch policy ~hatl be prompNy ass:pned and deliv~red ~o ~ny hsld by s~id MORiGAGEE as furthe~ set~~ity to said mafpa9e debt, snd, not less th~o te~ (10) days in advsnce of ~he expiration ol e+ch policy, ro da liwr fo ~aid MORTGAGEE ~ rrnewal thereof, top~tMr with a receipt fa the premium of s~ch renewal; and ther~ sF~ll bs no fire w windstam iniuranc~ pl+nd on +viy of iaid buildinys, any interest thaei~ or psrt tF~eof, vnless in tM fam and with tM bu payabte +s afweaaid~ ~nd in tFK w~nt any wm of ewn~y becanes p~yable w~der wch poliey w policies s~id MORTGAGEE t1w11 Mw ths optio~ to receive aod apply the same on accouM o~ tM i~bted- neu secured Mreby w to pe~mit said MORTGAGORS to ~eteiw and u~e if ot any part thereof for other purposes, witho~t thereb/ waiving w ~mpair- irg any pu~ty, lien or ~ight undst w by virtw of tF?is mwtys~a, aed 'u+ th~ ~vent uid MORTGAGORS thsll fw any reason (sil to kecp th~ s~id pr~mise~ so insured. a fail fo d~liva pranptly any of s~id polKiet of insunnu ro said MORTGAGEF, w fai! p~omptly ?o p+y fufly any pr~mium ther~fw w in any respect fail to p~rfwrn, d~xharge, eaecut~, effect, compfete, comply with u+d +bids by thi~ mw~ant, a ~ey part haeof, uid MORTGAGEE may pl~oe and pay fa such insur:nct w~ny p~rt tFwreof wi~hout waivinp or sfi~cYug ~ny oplion, IiM, equity, or right under w by virtw of thii Mortpp~, snd the full amount of each artd every wd? payment shall be imrnadiately due ~od psyabl~ and slv~~l baar interest from tM d+te thercof un~il paid at tM ra» of nine per cemum per annum and to3ether with such i~terest shall be secured by tFN lien of this mort~aye. 1. To pKmit, commit or suffer no waita, lmpairment or deterioration of w~d propehy o. •ny pan rhereof. S. To pay sll and si~+gulu tM costs, charges and expsr?xs, i~cludinp • roason~bte attwney i fee and wsK of abstncts of tiNe, incurrad w paid at any time by said MORTGAGfE, becaus~ or in the event os the fail~re on Ihe part of the said MORTGAGOR 1o duly, promplly and fully perform, d~scM?g~t execute, tffect, complete, comply with snd abide br each and every the stip~iateons, a~reem~~ts, conditions, and covenants of s+id promissory note uid thw mortgape any ot either, and safd cosn„ chuges and expenses. each and every. shall be immed~ately d~e and payable: whether or not the?~ b~ notice ds msnd, attempt ro colkct or suit pend~ng; snd tM futl smount of each and every wch payment shall bea. imerest fran ~he dats thereof ~ntil psld ~1 the rate of nine per centum per annum; arxl all said oosts, charyes ~~+d expenses incvrred o~ paid, togethar with suth interest, shall bs setured by the li~n of thi~ motl~~e. 6, Thai (a) in the event of any brexh of this Mortys~e or default oe? ths part of the MORTGAGOR, w(b) in the event any of said swns of moeiey herein referred to be not p~omptly and fully p~id within thirty (30) days next after the same severally become due and payable, without demand a ta~ite. or (c) in the event each ~nd every fhe itipulationt, ~greertKnts, condiiions ~nd coverwnts of sa~d promiuory note and tA~s mor~gpe any or either ~re no1 iuly, promptly and iully performed. d:scM?ged, executed. effetted, complefed, complied with snd abided ~iy. tF~ei+ in eithcr or any auch eveM tM t+id ~g gregate wm mentaned in said promiuory note tFmn remainir?p unpaid, with interest acctutd, and a11_ moneys setured hereby, sh~tl beCOme dw and pay- eble fathwith, or thereafter, at the optan of said MORTGAGEE, u fvlly and complctely a~ if all of the said swns of money were wiginalty stipulated to be pa~d on such day, anything in sa;d promissory note w in this Mort9age to the contrsry notwithstanding; and thereupon w t:~ereafter at tM option of said MORTGAGEE, wi~hout notice a dem~nd, suit at law w in equity, there(ore or thereaf~er begun, may be prosecuted ss if all maays secured henby had maru~ed pt~« ro ~n institurion. 7. That in the event that at the be9inning of or ~t ar+y time pending any wit upon this Mwtgs9e, or to foreclose i~, o~ to roform it, a fo enfo~a payment of any claims hereunder, said MORTGAGEE shsll apply to the Court having jurisdiaion thereof iw the appointment of • Receive4 such Cowt shall fwthwith appoint a receiver of seid mortgaged p~operty all ~nd iuegulu, inctud~~g all and singular the incoms. prolits, iuues ~nd revenues from whatever wurce derived, cach and every of whKh, it beiny expreuly understood, is hereby mwtgaged as if speciiiully set fath and dewibed in the yranti~y and haberKlum clauses hereof, arui such Receiver shsll hsve all ~he boad and effective funct~orn and powers in a~ywise entnrsted by a Court to a Qeteiver, and suc~ appoiMment shatl be made by wch Court as an admitted equity and a matla of absolute right to said MORTGAGEE, and without reference to ihs adequxy w inadequacy of the value of the propery mortgsged or to the whrency or insolvency of uid MORTGAGOR a the defendants, and that such rents, prolits, irxorne, issues and revmues shall be epplied by suth Reteiver xcording to the lie~ w equity of said MORTGAGEE snd the prattice of such CouA. 8. To duly, p?omptly and futly perfor?n, diuharge, executr, effect, complete, comply with and ab'de by each and ~very Nv stipulatwos, ~greerwenb, condiiions end coverwnts in sa~d promissory note and this mortgags set fwth. 9. That in the event the ownership of the mo?tgaged premises, or any paH thereof, becornes vested in a persa+ other than the MORTGAGOR, th~ MORTG/1GEE, iri successors and auigns, may, without notice to the MORiGAOR, dNt with s~ch successor or sutceuw in imerest with reference to this rnortgage and the debt hereby secured in the ssme manner as with Mortgagw withovt in ~~y way viti~Yug p discharging the Mortyagors' liability her~- ~nder or upon the debr hereby secured. No ssle of the premises hereby mortgaged and no fwbearance on the part oF 1he MORTGAGEE w its tvccesson or assgns and no ex~ensirn of the time for tFn payment of the debt F~ereby secured given by the MORTGAGE~ w its s~ccessors or astigns, shall operat~ ro retease, dixharge, modify change a affect the original Iiability of the MORTGAGOR herein, either in whole ~x in p~rt. 10. It is specifically agreed that time is of the essence of this co~t:~ct and that no wsiver of any oblgation herevnder or of the obliysYan se- tured hereby shall at any time the?eafter be held to be a waiver of the terms hereof w of the instrumeM secured Frcrby. I1. In add~tio~ to the fwego:ng ~r.onthfy paymeMS of princ"pal and 'enterest ~equired by the promissory note secured hereby, mortgagor toven~nri and agrees to pay to mortgagee with each monthly payment an add~rional svm estimated by mortgagee to be equa~ ro 1/12 of the annual cost of the foliow- ;ng: . A-All real property taxes levied w assessed against the above desuibed real estate. B-Premiums on fire and wi~starm iruurance as herein requ~red to be carried an the improvemetds situtte on 1F?e above described premises. C-Premiums on such mwtgnge g~aranty insurance as mortgsgee shall from tirn~ to time deem fit to carry on the loan secured hereby. Mwtgagee shall from time to time notify mort~agor i~ writing of the amount due and payable hereunde~ and such wm shall thereupon be dve and payable on the dve eate of the ~ext monthly payment and each successive month tF~ereatter until mortgagee shall ootify mortgagor of a change In such amount. Such sums shall be applied by mortgagee toward tlx payment of real property taxes, insurante prem:~ms, and mortyage guaranfy inwrante premiwns. - ' IN WITNESS WHERfOf, the said MORTGAGOR hu hertunto set his hand and seal the day u fi af j~ Si Se~kd a d d 1' re i the praence of: ~ ; FILED AND RECORDED E - ST. L~~CIE COUt~TY. FLA. i ,.c. ~;i: . ='il~!F^ ~ ~ 185402 ~ STATE OF FLORIDA •d" ( u ~ ~ • ~ ~ j COUMY OF $ t. I.11C 1@ ~ ~ '~y~ ~ # ~ deforc me penonally appesrcd Ophel S. MatttiEl~e;~ A~CBieid~e Adult ~ ~ CL~RK ClfiCl.'iT COURT ,~»M,;F~,~ ~ ~i~ ~ ~ ~ ~ ~ ~ rhe individwly de:cribed in and who executed the foregoiny Lutrument, and acknow{edged before me that ~ay exeaited the same for tM purposes ~ Srie • ` ~ therrn expreued. ~1w~li~•¦:~ _•3~'`-~- ~ ~iFe ~ ~i~s said ~ s pbrat~ i ~ ..eua.~tioo b~a ~ aak~o~~s~i~ ~a~ a~r?s Lv~ Jws iai~ b~r6~od. ackoo~rl~d~d ~aiod b~Eota tlw~-~~t~ wi~•i~Y~w~fr~i~ ad .volw+. -t~riiy~ani~ri~lwvt-awp+sw.'Mtsiow~w~sNaiMr.ar~r~lwwsi~_•oafew.of.oifrar?hecaaid~wtb~ard.~ =~~:~~~'vyJ . ~ ~ s ~ WITNE55 my h~nd and offici~l seal th'r~ ~ T day of November ~~19 69 ' • ~J:L~ ~ ~ . Notary Publit in and fa~-t~ fb~ ~;lar~=. ~ My Commisiion ~apires: ` . ~ Retum Ta ~y' ~/i'.:~~% = ` . / . y. finf Federal Savings 3 Loan /lssotiation '3 ~ ( 's - , ' - Of Forf Pierce. ' V•~~'. ~ ~ Fort Pierce. Florida . , ~ . .s . ~ ~ This Instrument Prepared By Wm. fi. Btaun ~ First Federal Savings b loan Association ~ of Fort Pierce ~ FlOr i da ~ Checked By l.~~ ~ Baox~.~fl P~~787 ~f ~ ~ ~ , ~ - ~ ~ ' ~ ~ ~ . _