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Home My WebLink About0140 , ± i # ~ . J. To plxe ~nd ca+tinuously iccep on tM buildings now or h+reaft~r siwst~ on s+id land and on ail equipment ~nd penonally covered by this morty- g~, with ~il premiurrw ~he~eon p+~d in fuli, fin i~uura~ue in ths usual star+ds:d policy form, in a sum ap~+oYed by the MORTGAGEE, ~nd windst«m kuuru~ce in th~ uswl standard pol~cy fwm, in • sum ~pproved by tM MORTGAGEE, in f~ch companY or compa~ies as tM MORTGAGEE may dind~ a~d •11 fue and w~ndstorm insurance policits on ~ny of taid buil~~nps, any lnterest therei+? w p+rt eF?ereo(, l~ ths s9yre9ate wm a(aesaid or in ~xass lhereof, shall contain the uswl atandard matg+pee cl~us~ or such otMr clauss ~s ths Ma~ya9ee ++wy requas. m+kinp ~he iou under said polF cia, each and ewry, payabk ro iaid MOR?GAGEE u its interest may ~ppsar. and each u~d evs+y a~ch policy ihall be p~omp~ly ~u:gned and delivered to any heW by ssid MORTGAGEE ss fur~her secvrity to satd mwt9s9~ debt, ~nd, nof Itu th~n ter? (101 days in sdva:xe of ~he e:pirauon of each pol~q, to ds- IFvtt to said MORIGAGEE a renewal thcreof, toyether with s receipt fw the premium of such ~a+.:.xal; a~d ~hero shall be no fire w windstorm i~wrance pl~tsd on aMr of said buildings, •ny interest therti~ ot part theroof, unleu in the form and with the loss paYable as afwesa~d; and in t1+~ av~nt eny wm pf mor~ey becwnes payable ~nder such policy or policivs iaid MORTGAGEE shall haw tM option ro receive and appty the same on account of the indebted- neu secwed hereby w fo per~nit said MORTGAGORS ro rccave and use it or any pa?t thereaf fa other purposes, wi~hout th:.eb~ waiving o~ ~mpa~r- kg any equity, Iitin or right uni~er a by virtw of this mor~p+Qs; u+d in tM eve~t said MORTCsAGORS shatl fw any reeson fail to keep the sa2d p~emiies so inwred, p fai~ to dcliver promptly ~ny of said policies of iru~rance to said MORTGAGEE, w fail promptly fo pay fully eny pre~nium tFxrefor or in any reipect fail b ps~fwm, discharge, e:ecut~, ~ffact, comptete, comply with and ~bide by th;s tovenant, a any part hcreof, said MORTGAGEE may place and ~ pay fa such insurance o? any part tMreof without waivinp or affettinp sny optio~, tien, equity, w rigM under w by virtw of this Mortgsye, and the full amou~t of each and every tuch payment shall be imnediatel~ dw and payable and shall bear interest from tM date thereof until paid at the rate of ; nine pet cent~m pet an~um and together with suth interest slwll be securcd by ths lien of this mwtgage. ~ 1. To permit, commit or auffer no wsste, impairment or deteraration of sa3d property ot eny put tlxreoF. ? S. To pay all snd dnpuiu the coats, charges s~d expenses, including a reasonabk attwney's fee snd costi of abstrads of title, incurred o~ paid at aMr time by said MORTGAGfE, bKause w in the event of the failure on the psrt of Ihe said AtiGRTGAGOR to duly, promptly and fvlly porform, dischar9R execute, effed, complete, comply with ar+d ab;de by each and every the stipulauons, agreemenb, conditions, and covenanb of said promiuwy ~ote and this mortgays any w eithe~, and sa~d cosb. charges ~nd expenses, each ~nd every, shall be immediately due a~d payable: whether o~ not there be not~ce d~ mand, attempt to tollect or wit pending; and the fvll amouM of exh and every s~ch paymeM shall bear interest from the date thereof until p~id at the rate of ~ine per ccntum per ~mium; and all said costs, charges snd expenses incurred or paid, together w~th such interest, shall be tecured by the lien of this mortgsge. 6. That (a) in the event of any ~each of this Mortgage o? default en the part of the MQRTGAGOR, o~ (b) in the event any of said sums of rtwney herein referred to be not promptly and fully paid within thirty (30) days next after the same severally betane due and payabk, without demand or notice, or (c) in the evem each and every the stipul~tions, sgrcements, conditions and covenants of sa;d promiuory note arxl th~s mortgage any w either are not - -~ulY. Pra^P? Y a u Y Per or . ~ r , execu • ~ . ~ :,.'A ~ gregate wm mentbned in said promissory note iF?en remaininy unpaid, with iroerest accrued, anc! all moneys secured Ixreby, shall become due and pay- able fortfiwit ,l-i-~fiereafte~, 6t-Me-optiort-o~aeid-#AUAIGAGEE,.as_ fully ar+d completefy as if all of the said sums of money wera orginally stipulated ro be paid on such day, anythirg in satd promissory note or in thia 1Nortgage io the ~on~rsr~rrtatwirfistm,d~e+g; -and-tlwr-~~^^ ~ tFa.eafter a~ the ooti of said MORTGAGEE, witFw~t notice a demand, wit at law or in equity, therefore or thereafter begun, may be prosesuted as if all rtaneys tecured hereby had matured pr~or to its irutitution. 7. That in the event that at the beginning of or at any time pending any suit upor+ thit Matgage, or to foreclose it, w to reform it, or to enforce ~ payment of a~y claims he?e~nder, ssid MORTGAGEE sha~l apply to the Coun Maving jurisd~nion thereof fa the appaintment of a Receiver, tuch Coun shafl fwthwith appoint a receivea of said mortgaged property all and singular, incl~d~ng all ar+d singular the incomc, pro(its, issues and revenues irom whatever I source derived, each and every of which, it bcirg expressly understood, is Fxreby mortgagtd u if specifically tet fath ar~d c+estribed in the granting and habendum dauses hereof, snd such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and such sppointment shall be made by wch Covrt as an sdmitted equity and a matter of absolute right to said MORTGAGEE, and without reference to Ihe sdequacy or inadequacy of the wlue of the property matgaged or to the so~vency or iosoivency of said MORiGAGOR or the defendants, and that such rents, profib, income, issues and revenues shall be applied by such Receiver according to the {ie~ o? equity oi said MORTGAGEE and the practite of such Court. 8. To duly, promptly and fully perform, discharge, execvte, effect, complete, comply with snd abide by each and every fhe stipulations, agreemrnts, conditions and covensnts in uid promissory note and this mwtgage set fwth. 9. That in the event the owncrship of the mortgaged premixs, a any part thereof, becomes vested in a penon other fhan the MORTGAGOR, tM ~ MORTGAGEf, its successors and auigrn, msy, without notice to the MORTGAOR, deal with such successor a succeuw in interest with ~eference to th~s s mortgsge and the debt hereby secured i~ the same manner as witfi AAortgagor without in any way vitiating w diuharging the Mortgagori liabilisy hera ? under w upon the debt hereby securrd. No sale of the premius hereby mortgaged s~d no forbearante on the part of the MORTGAGEE w its autcessors or auigns and no earension of the time fw the psymeM of the debt hereby secured giren by the MORTGAGEf or its successors or auipns, atu~l op~rate ~ to retease. diuharpe, mod~fy change a sffac~ the wig~na! lisbility of the MORTGAGOR herein, ekher i~ whole a in part. ~ 10. h is spec:fically agreed that time is of t}+e essence of this cwurad and that no waiver of any obligation hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the ferms hereof or of the instrument secured herby. j ; 11. In add;tio~ fo the forego:ng rnonthly payments of princ'pal and interest required by the promtssory note secured hereby, mortgagor toveosnts f and agrees to pay to mortgagee with each monthly payment an add'+:ional sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the folbw- i ~ A-All real properry taxes leried or assesscd sgainst the above described reat estate_ ~ B-Premiums on fire and windstorm insurar.ce as here~n requ~red to be ca~rird on the improvements situate on the above described premises_ ~ C-Premiums on such mottgage guaranty insurar,ce as mortgagee shall from time to time deem fit to carry on the ban secured hereby. Mortgagee shall fiom time to t~me notify mo.tgagor in writing of the amovnt due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafte~ ur,til mortgagee shall ncsify mortgagor of s chsnge in such amounf. Such s hall be 'ed by mortgsgee toward 1Fx payment of real property taxcs, insura pr ~ums, and mwigage guaranty inwwnte premiums. r IN TNE E OF a~ OR has herevnto set his hsnd and seal the day and year ~ afor id. $iQ a ivire . - •n . .o ' ~ - ~ . STAT~.Of ~~•~,~'..J~KSBY / CON~~Qay~~~~ ~l- ~ ~ /l.. , ~a/~.a~rt ~ : ' . ~t.~~ . def~~ J„~~~~d, c' k B Pc~ r tp r, A C i n ylg.. e ri n7 t -+w~ •~hisrwiio, to me well known and known fo me to bs tM iotlivd~lr ,~su ut=and' who executed the faegoing instrument, and acknowkdyed before me that ~Fwy execvted the same for the p~rposes he ~ Hx~sta: .~c~ss~i. ,~o ~4u 7 ~ -wiis-si-~iw-wib ~~tlfet~Mls'~f~+~ ~ eewnwwstien-lrt~r»-f~ken~ seps~elrand ~psr1-4ra~ ~e?-s~id ~+vsbsnd ~ek++o~?kdged i~ w~d ~efas +ne ?Iwtsl~ exeevted +aiii-i~slr~rneM-fieetp ys~-~r~iwr - ~ t~~iJy. and~itbow. aoy~r~kiw~. ~~tr+wt~ aP~Pr~ .f~as of~oc l~ i~r.sai~ irrb~od.. z.~T WITNESS my hsnd and official ieal th' d~y o{ February D. 19 7O ~ ~ s ~ ~ 43 Notsry Public in end fw the State o w.~RSFSY : ~illy Commiuion expres: _ ~ , a f~ ~ Return To: 3~ ~ fint Federsl Savings b loan Aswciatron ~J ' , g Of fort P~erce. Foh Pierce, florida ( } - w-° s ; This Instrument Prepared By Rircha7cd K. K3yes ~ R ~ First Federal Savings b loan Association g~~~ of Fort Pierce~ Florida _ ~ Checked By ~ ° ~ _ ~ , ~ v„ ~ ~ ~s~' ~ 3-. v~ ~y~.o- ~ ~ ,~c---'s' f i-'~' ~ ~ e ~ ..c - - .~x~> -s ` ~~~~=;-~;~.'`-,~..Z-"_...,z~..s ._r_.._..r ~ . . Z ~ ~~k. ~-s,.s-~~