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Home My WebLink About2792 3. To plac~ ~nd contin~ously kNp on tM buildinps raw o~ Mr~ahN situ+t~ an aaid land ~nd on all equipment ~nd ~+enonaliy covered by thia nwr?Q~ p~, with ~11 prae?iums thereon paid in full, fi~e insu~~nc~ in iFr wwl standard policy form, i~ • sum approved by iht MORTGAGEE, ~nd wi~dttorm inswanc~ t~ th~ uiw) ita~dard pol~cy fae~L in a iuR ~pp~ov~d by tht MORTGAGEE, in svch tompany a companies as tM MORiGAC~EE en~y dir~cti a~d all fin and w~+d~rwm ins~rana polici~s on any of i+id builda+ps, ~ny int~~~~t thK~in w part thsreof, In IM ~re9ate tum ~for~said o~ In ~xcess ~hereof, thall cont~ie tM uswl itandard mortga~ cls~ or such o~Fwr claus~ u tM Mortyape~ may requir~, makinp the Inss undN wid polF iro~. esch and every. paYabls ro said MORTG/1GEE u iq interest m~y ~pp~ar. and sach and ~vay such policy ih~ll b~ promptiy au~~~ed s~d d~livHed to •ny held by said MORIGAGEE ~s fur~her secvrity to said mortpsp~ debt, and, not ku Ihan ten (10) dayi in advance of the expiratioe~ of each poticy, to da tivN to said MORTGAGEE • renewsl the?wf, IopNh~r with a ~eceipt fa ths premium of wch renewal; and there shall b~ no f~~e w wind~twm infur~nc~ plat~d on sny of iaid bui!di~gs, ~oy interest ther~in or pan therwf, vnleu io the fbrm ~nd with Ihe los~ payabte st afaeiaid; a~ in fM ~vent ~ny wm of nwrKy becanes p+yable under iuch polky or policis,~ wid MORTGAGEE ~ha~l hsve the option to receive and apply the same on +ccounl o{ tha lndebted~ ness setured h~reby w ro permir said MORTGAGORS ro reoe~w and uN if or any part thereof fa otF.~r p~rposes, without thareb/ waivi~~g a~mpair• Inp sny puity, lien w riyht under or by virtw of this morsp~pet +nd in the ~vent ~a~d MORTGRGORS shall fw any ~eason iail to keep the iaid pnmises so Irqu~ed, w 1~i1 fo delive~ promptly ~ny of seid poticiss of insuranc~ ro said MORTGAGEE, w fail p?omplly to p+y fully any premium thenfor w ln ~ny rospect fail to p~rfo~m, dischuye, execute, ~ffad, compl~te, comply with ~nd abids by tFw mvenant, o~ any part her~of, said MORTGAGEE may pl~ and pay fa such irou~anct or ~ny p~n thereof withou? w~ivirq or ~ffacYuip s~y option, lieo, pvity, w righl v~dar w by virtw of this Mortya~, ~nd tl~e tull amou~t of asch and ~wry svch payment ih+ll b~ immediately dw ~nd p~ysble u+d ~F?~II bear interest f~om th~ dat~ thereof untl paid ~t tM nt~ ot nint pa tentum p~r a~num ind together with such iMerest thall be ucured by tM lien of this mortpsps. 1. To pKmit, comr~it or svffer no waste, imp+irment w deterioration of sad prop~.ty a aoy put tlwwf. 5. To pay all and singul~ ths costs, ch~ryes and expenses„ includinp ~ roasonable attorney's Fe~ and cosb of abstncts of title, incwrad a psid at any time by ~aid MORTGAGEE, bscause or in the event of ths failure on the paN of ~M asid MORTGAGOR to duly, prompNy arxl fully perfonn, d~schsr~ e:ecuts, ~ffec4 complet~; comply with and abide by each and every the stipula~ions, agreemcnts, conditions and oov~runb of uid promissary not~ and fhis mortgape arryr or either. and said cosn. chuQes and ~xpenses, esch and ~verv, thall be immediately dw uid p~ysble: whetl+~r a not ther~ b~ notice ds ma~d, attempt to colled w suit pendin~; u~d the full amount of each and every such payment ihall be~r imerest from the d~te thereof vr~til p~id ~t tl+t rate of nine per centum per annum; and all said costs, charges a~d expenses incvr~ed w p+id, togstF~er with tuch interest, ahall bs sacwed by th~ Iwn of thif morty~y~. 6, That (s) in th~ event of any breach of this Mortga~e o~ default on tFr part of tha MORTGAGOR, w(b) in the eve~t ~ny of s~~d surns of rt~w+~y herein referred to be not p?omptly ~nd fully paid within thirty (30) days next ~fter 1he same sevaally F,ecome due and p~yaWe, without deaund or notice. or (c) in the event each and every tM stipulationa, agrtements, conditions and covenants of sa~d promiuory oote ~nd th~s mortgage any or eitha ar~ ~01 ivly, prompdy and fully perfwmed, dsxMrged, executed, ~ffected, compkted, complied with snd abided by, then in either a sny such ewnt tM said ap~ greyate wm mcmaned 'en said promiuory note then remainirg unpaid, witA iroerest acvwd, and all ma~e~~ secv~ed hereby, shall becwne dw snd pay- able fwthwith, or theresfte~, ~t the option of said MORTGAGEE, u fulty ~nd completely as if all oi the said sums of money were originally ttipulated to be paid on such day, anyfhing in sa+d promissory note or in this Mortgage to the contrary notwithstsnd7ng; and thaeupon w therraf~er at tM option of uid MORTGAGEE, without notice w dtmand, wit af law w in puity, thercfwe or thereafter begun, may be prwac~ted as if all moneys sec~red hereby had m~tured ~~w to its insYitution. 7. That in ths event tha! at the beginning of or at sny time pendi~,g any wit upon this Matga9e, a to foreclose it, a to reform it, or to enfwa payment of sny clsims hereunder, said MORTGAGEE sh~ll apply to the Covrt F+~virg ju~isdic~ion thereoi ~w the appoiMment of a Receive~, such Court sMll Fathwith ~ppoiM a receiver of said mo.tga9ed properry all ~~d sirgular, incl~d~ng all and sinqul+r the income, profits, issues and revenues from whateve~ source derived, each and every of which, it beinp expreuly understood, ix Fxreby mwtgaged u it specilically set fwth end described in the gra~tinp and habcndum clauses hereof, and such Receiver shall Mve all tM broad and effedive funct~ons ~nd poweri in anywise entrusted by a Court to a Receiver, and sucF~ appointme~t shall be made by svch Court as an edmitted equity and a maner of absolute right to said MORTGAGEE. and without reference to the adequacy or inadeqvacy of ths value of the properq mortpaged w to the sWvency a inso~vency of said MORiGAGOR w the defendann, and that such re~rs, profits, income, iuucs and reve~ues shall be applied by such Recciver aa«diny ro the lie~ w equity of said MORTGAGEE and the practict of such Court. . - 8. To d~ly, promptly snd fufly perform, dixharge, ezecute, effect, complete, comply with and abide by each and every the stipulations, agreemenb, condit'ans and co.enanrs ~n w~d promissory rate and ~his mortpsge set fath. = 9. That in the event the owncrship of the rr+ortgaged premises, a any part thereof, bccwnes vested in a person other than tha MORTGAGOR, ths /yIORTGAGEE, in successors and suigns, may, wittioul notice to the MORTGAOR, deal with such succeuor a successor in interest wi~h reference fo this mortgage and the debf hereby secured in the same manner as with Mo~tgagw without in sny way vitistirg p distharging the Nbrtgagon' Iisbility hers- vnder p upon the debt hereby secured. No sale of the premises hereby mwtgaged and no fwbeararxe on the p+rt of the MORTGAGEE ot iri wccesson or suigrq and no exrension of the time for the p~yment of the debt hcreby secwed yiven by the MORTGAGEf a ih Wcossson or .ass~yra, shall operat~ ro reiease, dixharge, modify change or affect the original Iisbiliry of the MORTGAt'aOR herein, eitF~er in whole a in pan. 10. It is spec~fically agreed that time is of the esscnce of this contrxt and ~hat no waiver of any obfigatan herevnder or of ths obligation se- cured hereby shall at any time thcreefter be heW to be a waiv~r of the terms Frcreof or of the Fnstrurt~ent secured herby. 11. In add~fio~ to the forego:ng monthly paymenta of pri~c'pal snd interest required by the prom~ssory nore secured hereby, mortgagor cove~aMs , and agrees to ~oay tc mortgagee with each monthly payment an add~rional sum estimated by mortgagee,to be eqwl to 1~12 of the annua) cost of the follow- "'gc A-All real property taxes kvied or assessed agai~st the above described real estate. ' B-Premiums on fire and windstwm inwrante as herein requ~red to be carried on the improvemenfs situate on the abore desvibed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgsgee shsll from time to time deem fit to carry on the loan setured hereby. Mortgagee shall from time to time nofify mwtgagor in writing of the amoc:M due and payabls here~nder and such wm shal! therevpon be d~e and payable on the due date of the next monthly payment and each sutcessive month theresfter until rtartgagee shall notify mortgagw of a cMnge in s~ch amount. 5uch sums shall be app~ied by morigagee toward the payment of real property faxes, insurance prem:ums, and moriga9e guar~nty insurance i premiums. ' ~ IN WITNESS WHEREOF, the said MORTGAGOR has herr~nto set his hand and seal the day ~nd s~ finf sforesaid. ~ g~ ~ a 'd ~r ~d d,~ of: FILED AND RECORD ~ Si. LUCtE C^Ul:TY, F Q q t , ..~^:l.^.f ~;C~:~~_~ • € - ~ ~ - 1854Q3 ~ ~ e e . ! ~ ~a ~'Q~l I 0 F~ 12 ; - n ~ t~~ , ~ ~ SrATE OF 7~f~C MARY(„AND ~ covrm of ~.1_ y ~ ~ ss. 9 ~ .i~+.t-- - ;-ra1$ t eefae me pe~so~IW appearcd Harry~~~y~ ~;~;~y ~ ~ Annette M. Hysal'1 his w;te, to me well Icnown ,nd known to me to b~ the individ~ab described in u~d who execute~f ths fwpoiny instnxr~ent, and acknowledyed before me that they execvted the same for th~ p~rpo~es therein exprsssed. Md tF» s~~d AZ1Zfette Ir1. HY~n ~ wi~e of +he said Harry A. Hyaan „pon ..ep~..r. .ed privro ~ examinaYan by me taken separate and apsrt from her said Fwsband, aduwwledged to and btfwe me thst shs executed s~id 'uatnx~at frsety and volun- rarily snd without any compulsion, 4onstr~int, ~pprei+eraion, w fex of or from her said husb~nd. ~ WITNESS my t»nd a~d offici~l seal +1+~ -s / day of A. D. 19~4.. ~ ~ ~ e - Noisry P~blic in and for the State pf ~~aZs/lai~ My Commission expires: r _a: Retum Ta. ' 7~ "'1 ~ t`' ~1 ~~ea:_.-~ _',~F ~ finf Fedenl Savings 3 loan Assotiation t.'~ 1;. a Of Fort P~erte. • ~ ~ ` - " E Fort Pierct. Flwida e i : 1Z . • ~ ~ - i.. ~ ~ S,r + ' • lL ~ c V ~ . This Instrument Prepared By John W. Collins * ~ . = , First Federal Savings 8 Loan Association ~ ~ ' • of Fort Pierce ~ Florida - i ~ Checked By ~ . ~r E~(~~ i'~ICf~ l~ ~ ~ ! ~ cf , , - - - ~;a i~~~~_~~~~~~~~ _ _ . . ?.4 ,.~r~,~ '