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Home My WebLink About1725 3. To plact and continvo~sly keep on tFw bueldinp~ ~ow u Mre+ft~r~si~wt~ on ssid land ~nd on all equip~.~nt ~nd pawnally cover~d by thi~ narq- p~, with all pnenivms ~hereon pa~d in full, fire iniurance in ~h~ uiual uu~dard policy torm, fn • ium ~pprowd by ths MORTGAGEE, ~~d wlnd~twm irouranc~ (n tM usual iundard policy fpm; in • sum approv~d by tM MORTGAGEE, lo wch company or comP+n~rs as tl» MORTGAGEE may dk~ctj u?d ~II fire u~d winditorm iniur~nc~ policies on any of w~d buiid~.~ps,,any iorore~~ rherein or par~ ~he.eof, In tM +99re9~te wm afa~s+id a I~ ~xayss thereof, thaU contain the ~swl standud mortya~ cl+uu or such otF+K claus~ as the Matpagea may requin, mahin9 tM lou unda said polF cies, tath and ~very, p+yabt~ ro iaid MORTGAGEE as iti interest may ~ppe+r. ~nd each uid ev~.y svch poucy shall be promptly ais:yned and detivered to ~ny held by said MORTGAGEE ~s furthe~ utu~ity to said mortyap~ dtbt. ~r+d. f101 If1f 1Mfl tM (IO~ d~yt jA advancs of the expir~~ion o1 each pol'icy, lo d~- IivN to s~id MORTGAGEE • renewal thereof, top~th~? with a recedpt fo~ the pr~mium of :uth ~enewal; and ther~ shall bs no fire or windstam ins~r~ot~ plx~d on a~y of said buildirgi. ~ny intersst therein w p+rt thsreof, ~nleu in tM form ~nd with tM loss payable as afaesaid; and in tht event any tum of mooey becomes payable under such policy or policis~ said MORTGAGEE ~hall Mw ths option ro receive and apply the same on account of Ihe indebted- ness ~ecvred h~reby o~ to permit said MORTCaAGORS fo rcteiw snd us~ it o? any part thereot for other pwpoaes. witiw.~t th.~eoi waivi~~g w~mpair- ?!g any p~ity, lien or right ~nder or by v'utus of this mortpaqas a~ in tM ~va+t s~id MORTGAGORS ihall fw any reason fail to keep ~he ssid premises so inwred, w faTl b d~tiver promptty any of said policies of inwranc~ to uid MORTGAGEE, o~ fail promptly to pay fully any premium theretw or i~ any nspecl iail a pNfam. discharge, eaecule, ei(act, compSeta. comply with u+d sbid~ by ttus covenant, or any part hereof, said MORTGAGEE m~y place ~nd p~y iw euch irourance or +ny part thereof without waiviny w ~ffectinp ~ny optio~. lia+, eq~ity, u right unde~ or by virtw of this Mor~fl+ge, and the ~ full amouM of each and every ~uch payment shall be immediately d~e and p~yable snd sha11 bear interest irom the date thereof umil paid ~t the rat~ of ~ nine per centum per annum and together with suth interpt shall be secvred by ths lie~ of this mwtp~e. To permit, commit a suffx no wsste, Impairm~nt .-.s deter'aration of said property w u?y p~rt the~eof. 5. To pay all and sirgulu tF+e costs, charyes ~nd eapenses, includinp a reaso~abk attorney's fee and costs of abst.aNS of title, incurred o~ psid at sny time by iaid NIORTGAGEE, because or in the event of the tailure on the part of tha said MORTGAGOR to duly, promp~ly snd futly pe+fwm, d~uharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemenn, conditioro, and mvenants of wid promissory note and tha mortga~e ~ny w ei~he~, and sa~d costs, ch~rges ~nd eapentes, each ~nd every. shall be immediately due and psyable: whether a no~ there be norice de~ mand, attempt to collect w suit pending; ~nd the full amovnt of each and we+y such payment shall bea. interes~ from ~he daie thereof until paid at the rate of nine per centum per annum; and a~l said msn, charyes and e:penxt inturred w paid, togelher with such intereit, sAall be secured by tha tien of thil mwtpa~. 6. That (s) in the event of any breach of this Mwtgage w default on tM part of the MORTGAGOR, w(b) in the event aoy of said sums of money herein reFerred to be not p~ompNy and f~lly paid within thirty (30) days next afte~ the same severally become due and payable, witho~t demand or notice, q(c) in the event each snd every Ihe stipvlations, agreements, ca+ditions and covenants of said promisswy note and th~s mo~tgsge any o~ either are not ~uly, promptly and (ully perfwmed, d~xharged, exetuted, effected. completed. complied with and sbided by. then in either or any such event the said a¢ gregate wm mentioned in said promissory rate the~ ranaininp unpaid, with iNerest acuued, snd all mooeys secured hereby, ahall become dve and psy- able forthwith, w thereafter, at the option of said MORiGAGEE, as fully and completely as if all of the ssid sums of money were wginally stipulated to be pa~d on such day, anything in said promiuory nott or in thia Mortgage to Ihe contrary notwi~hs~anding; and thereupon or thereafter a~ the op~an of taid MORTGAGEE, without notice or aemand, suit at law or in equity, therefwe ot thereafter beg~o, may be prosecuted as if all moneys secured hereby had marured pnor to irs ins~ituria~. 7. That in ths ever?t th~t at the beginning of or st any tim~ pending ~ny wit upon this Mortgage, or to forecloss it, o~ to reform it, a to enforce payment of any ciai~os.hereunder, ssid MORTGAGEE shelt apply to the Court hsvi~g jurisdidion thereof fw the appantment of a Receiver, such C:wrt shall futhwith sppoiM a receiver o( said mortgaged property a~l and si~gu~a~, includ~ng all and singulu tF~e income, profits, issues and rever~ues from whatever wurce derived, eath and every oi which, it being expressly understood, is hereby mwtgaged as if, spetifitally set forth and destribed in the granting and hsbend~m davses hereof, and such Receiver shall have sll the broad and effective functions and 'powert i~ anywiu entrusted by a Court to a Receiver, and wch appointment shall be made by such Court as an admirted equity and a matte~ of absolute right fo said MORTGAGEE, and witFaut reference to the •dequacy a inadequxy of the value of the property mwtgaged or to the soNency or insoivency ol said MORTGAGOR a the defendants, and that such renrs, profits, income, ~uues and revenues shall be applied by such Receiver according to the lien or equiry of said MORiGAGEE and the practice of such Courf. 8. To d~ly, promptly and fully perform, discharge, execute, effect, c~omplete, oomply with ~nd abide by each and every the stiputations, ~greements, conditions and covenaots ~n sa~d {xomiuo?y note ud this mortgage set fwth. 9. That in the event the ownenhip of the mortgaQed premises, or any psrt fhereof, becanes vested in a penon other fhan the MORTGAGOR, ths MORTGAGEE, ib succeuws snd assigru, may, without notice to the MORTGAOR, desl with ~uch wccessor a successor in interest with re(erence ro thia mortgage and the debt hereby secured in the same manner as with Mortgaga without in sny, way vitiating p discharging the Mortgsgon' liability htre- ~nder or upon the debt t~ereby secured. No sale of the premises he~eby mortgaged ~nd no forbearance on the part oi the MORTGAGEE or its successon w assigns and no extension of the time for the paymem of the debt hereby secured given by the NIORTGAGEf or its s~ccessors w au~gns, shall operat~ w release, tiixhsrge, modify change or affect the orginal liability of the MORTGAGOR herein, either in whole or in psrt. 10. It is specifically agreed thsf time is of the eue~ce of this contract snd that no w~iver of any obligatio~ hereunder or of the obligatan se- cvred hereby shall at any time thereafter be held ro be ~ waiver of tlie ttrms hereof a of the instrument secured herby. 11. In add:tion to the forego:ng monthly paymenh of princ:pal and imerest required by the promiuory nore setu~ed hereby, mortgsgor covenants ~ and agrees to pay to mortgagee with each moothly payment an addirional sum estimated by mortgsgee to be equal to 1~12 of the annual cost of the follow- ~^9= A-All real property taxes kvied or assessed against the above described real estate. B-Premiums on fire and windstorm insvra~ce as herein requ~red to be carried or+ the improvements situate on the above desaibed premises. C-Premiums on such mortgage guaranty insurante as mortgagee shali irom time to time deem fit to tarry on the loan secured hereby. Mortgagee shaN from time to time notify mwtgagor in writing of the amount due and payable herev~der and such wm shaU therevpon be due and payable on the due date of the next nwnthly payment and eath svccessive month thereafter urtil mortgagee shall ~?otify mortgagw of a change in wch ~ amount_ Such sums sF.all be applied by mortgagee toward the payrt+ent of real .property taxes, insurance p?em:ums, and morfgage gusranfy inwrante I Premiwns. IN WITNE55 WH REOF, the id GAGOR has hereunto set his hand and seal the day and ye+r first afwesaid. akd presence of: . ^ ' n ' aq n--n K-,~ STATE OF FLORIOA ~ COUNTY Of St. I~lCj.@ ~ defore me penonall appeared C~11~ H. COIDbB end ~ 1.011~8@ 1,• ~'i0~8 his wife, to me well known and known to me to bs the individwb described in and who ~zetuted the fa rg 'uutrument, and scknowkdged befwe me that they executed the same for the purposes therein expressed. And tFw wid ~O~1i8@~. ~'i0~8 ` wife of the said Claude H• CiWRbB vpon a separ~te ~nd priwt~ ( examinatio~ by me taken separate snd apart from F~er said hvsband, acknowledged to snd before me that she executed said instrument freely u~d volvn- tarily and witho~t any compulsion, constraint, spprehensia+, w feu of or from her ssid hutbsnd. WITNE55 my hand snd official seal thi:_~~ day of JariUa A D. 19~(L Noqry Public in ~nd for th~ State of Florida ~t lupe My Commissiw+ expi.es: Retum Ta ,,`~~~~H1tN~H`,~' , ~A~ Fint Fede?al Savings a loan Association `.~~`~1•,.~....: 'J J;~,MY C'JMMISSIO ~(p~ ~ S~~ ~ Of Fort Pierce. : ~ = = ' ' - v . ~ ~HI~ F~ ~ a~p~. .~.¦arw~fi~ Fort Pierce. Florida ~ ~.,~~~,(7';~: , ~ ; 4 .o., FILED ~GND RECORDED ' `r~ . ~ : ,J;=-;~?=~ ST. LUCIE COUN7Y, FLA. ~ - `~'~E-:'s~j;..C;J'i.':_~`_ ~):.(~^'rl ~~^F;~r~~n This Instrument Pre red B RiChBR'd ~ J'f 1~~7~ r Pa Y ~i~. 2'; •~u~ ~J First Federal Savin s E~ loan Association . 9 r.......•• ~ t ~ of Fort Pierce ~~loriaa "'--•.,,?L~ 7~ Jf~': 3 0 PM 12 • 2 y •-.,,,:~~~~~,t,~~ ~ -~o~~~ Checked By ~ ?~t~E~~? i~pITR:.S ~L~RK ~IFCL'IT COURT ~ 800K1~~ PACE~ 1~ ~ ~ _ ,r c f - ~k . r~. - - - - - , p ~T _P _ _ _