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Home My WebLink About0268 . ~ , a To place and continuousty keep on tM buildinqs now w Mreafter titwtt or+ sa~d land and on all cquipm~nt ar+d peryonally covered by ehis mortp~ sg~, w;lh all premiums thtreon pa~d in ful4 fire insur~nc~ in the usual standard polity form, in a sum ap{xoved by the MORtGAGEE, and windstam insurance in the usva) ~randa~d pol~cy form, in a sum spp:oved by the MORTGAGEE, in t~ch comp~ny or tompa~ies as ehs MORTGAGFE r+uy d~rect; end aN tirs snd w~ndsrorm insuranca pollues or~ +ny o( sa~d build~nps, any intere~t ~herei~ or put ~hereo(, in the aggreysre ium afo~eiaid w in excess the~eof, ihall contain tF~e usual sta~dard mortga~ee tlause w such other cfause ~s Ihe Matgagee may requ+n, maki~g the los~ u~der •aid poli~ cies, esch and every, payab!a ro sa~d MORTGAGEE as ~q interesf may appear, and each and every s~ch poiicy shall be promptly ass gned and delivered ~o ' •ny held by said MORiGAGEE as fur~her security to ssid mort9aye debt, snd, not !eu than ten (10) days in advance of tha expiration of each pol~cy, to t!~- ~ live? to said MOR~GAGEE a renewal thtttol, to9ethe~ with a receipt fw the p~emium of such renewel; and fhere shatl be no lire o~ windslo~m insur~nts ptatad on eny oF said buildings, any infe~esl therein or parl thereof, u~less in the form and with ~he losi payable as aforesaid; and in tha event any s~m of money bzcpmes paya6ie u~der such pollq o~ policies taid MORTGAGEE shall havs ~he optio~ ~o receive and apply tha same on accouM of the indebted- neis secured hereby d ro permit said MQRTGAGORS to receivs and use it p any pa~l therrof fa other purFoies, .v~thoul th_~eo~ waivi,~g o~ ~mpair- ing any eqv~ty, lien w right under or by virtue of this mo:t9age; and in 1M event ~sid MORTGAGORS shall fw any reason fail to keep the s:id premises so in3ured, or isil ro deliver p~omplly any of said polKies of insurance to sa~d MORTGAGEE, w fait promptly to pay fully any pre~n~um therefa w in any respect fai! b ps~form, d+'u1?arge, execu~e, effed, complete, comply with and abide by this covenant, w any part hereof, said MORTGAGEE may pl~ce and Fay fa such insurance w any part thereof wi~hout waiving or sffecting any option, lian, eq~~ty, or righ~ unde~ w by vinue of ihis Mortgage, a~d the full amount of each aod every such payment shalt be immediately due and payable snd shall besr interes~ from the date thereof until paid at tF?e rate of nine per tentum per annum and togelher with such intcrest shall be secured by the lie~ of this mortgage. 1. To pe~mil, commit or suffer no waste, Impai~mcnt or deteraration oi said property or any part thereof. 5. To pay all and singular the coats, chuges and expenses, including a reasonable attorney i fee and costs of abst~acts of title, incurrtd or paid at any time by said MORTGAGEE, because or in fhe eveni of the failure on the parf of the said MORiGAGOR to duly, promptly and fully perform, diuhir9s, execwa, effec~, complete, comply w~th and ab~de by esch and every tfie stipuiations, agreen,ents, cond~t~«u, and covenanrs of said prom~uory nole and thii matgage any w either, and said cosri, charges and expenses, each and every, shail be immediately dve snd payabie; whether w not there be notice da mand, atterr.pt to colktt a wit pending; and the full amount of each and evcvy such paymem shall bea. interesl from the date thereof until paid at the rate of nine per centum per an~~um; snd all said costs, charges and expenses inturred or paid, together ~v~th such interest, shaii be tetured by ihe lien of thu morf9~ge. b. That (a) in tAe event of any bre~ch of this Mortgage or default on the part of the MORTGAGOR, w(b) i~ the event any of said sums of money herein referred to be not promptly and fully paid within thirty (30) daya next after ~he same seve~atly become due and payable, wilhpu/ demand or notite, or (c} i~ the eveM eath and avery the stipulations, agreements, tond;rians arxl covenants of w;d {xomiuay note and th~s mwtgage any or either are nol iuty, promptty and fu~ly periormed, discharged, lzecuted, effetted, tompleted, complied with and abided ~iy, then in ei~her w any such event ths said sg gregate sum mentioned in said promissory note then remaining vnpaid, with interest accrued, and all mor~eys secured he~eby, shall betome due and pay- able fo?thwith, or thereatter, at tF?e option of said MORTGAGEE, as f~tly and comple~ely as if all of the said sums of money were aiginalty tt~pulated ro be paid on suth day, anything in sa;d promissory note or in this Matgage to Ihe conrrary notwithstanding; and thereupon or thereafte~ al the option of said MORTGAGEf, without notice or demand, avif at law or in equlty, thecefae or thereafter begun, may be prosecuted as if all moneys secured hereby ~ had matured ptwr to its instit~tion. ? 7. That in the event that at the beginn;ng of or ~t any time pending any suit up n ~s age, or to f ~to refwm it, or to enforca payment of any ciaims hereu~der, said MORTGAGff shaJl apply to the Cou» having ju ~on reof f~t~ ~F~a Receiver, such Coun shall forfhwith appoint a receive? o( said m~rtgaged property all and singular, inct a an ' Ir~~~p t ues ar~d revenues trom whatever sourtt derived, each and every of wh~ch, it being expressly understood, ~ a~Fd1~M "`fi~~ t~ f nd describrd i~ fAe granting und habe~dum c)auses I~ereof, and such Receiver shall have all the broad arul ~i ~ ~(ff~o nz~ ~se entrusted by a Court to a Receiver, and s~ch sppointment shatl be made by such Court a: an admittcd equity and ~ f~utp~~~~y1~a~~W10RTGAGEE, and without reference to the adequacy a enadequacy of the valua of the p~ope+ty mwtgaged oa to the~ y~{S Ivl~y o T~4GOR or the defendarits, and that such ren~s, profits, income, iuues and revenues shall be app{ied by such Receiilf accordipg (q~~~i~,aK~~~i sa MORTGAGEE and the p~actice of such Court. ~ ~+gnt 10) vt~~.... ~ - 8. To duty, prompNy and fully pe~iorm, discharge, exlc~te, effecl, ~~p l~~i~r~l~s~711s~bide b ea and avery t stipulations, agreements, co~diY~ons and coven~nts in w~d prom:ssory note and this mortgage set fw~}i." 9. That in the event the ownership of the mortgaged premises, w a~.p~ rt tF~ vested ir~~sd~h'dTFier than the MORTGAGOR, the MORTGAGEE, its wcceuon and assigns, may, without notice to the MORTGAOR, eal with sv succeuw ~r wccessor in ;nterest with reference to this mertgage snd the debt txreby secured in the same manner as with Mortgagor without in bny way vitiati~g qr discharging the Mortgagori liability here- under o~ upon the debt hereby secured~ No ;sls of the Fremixs he:eby morfgaged aod no. fwbearance on ~he parf of the MORTGAGEE or its successors j or azsig~s and no extension of the rime for the payment of the debt Ix.eby secured given by the MORTGACaEf or its successors or assigns, shall operate ~o release, discharge, modify change or affect the wginal lisbil~ty of the MORTGAGOR herein, either in whole or in part. 10 h-is specifically agreed that time ia of the essence of this controd and that no wr~iver of any obligation herevnder w of the obfigation sr cured Ixreby shali at any time thereafter be held to be a waiver of the terms hereof w_of the instr~ment secured herby. ' 11. In add:fio~ to the fwego:ng monshly paymeMS of princ pal and inter<_st required by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mor~gagee with cach monthly payment an add~tional sum estimaled by mortgagee to be equal to 1/12 of the annual cost of the foffow- in9: A-Ali real property taxes levied or assessed agains! fhe above dewi4ed real estate. - B-Premiu~ns on fire and windstorm inwrance as herein ~equ~red to be carried o~ the improveme~ts situate o~ the above described premises. ~ , C-Premiums on wch mortgage gvaraoty insuraoce as mortgagee shall from time to time deem fit to carry on the ban secured hereby. ~ Mortgagee shail from time to time r.otify morigagor in writing of the amounf due and payable hereundx and such sum shai! thereupon be due and ;,ayable on the due date of the next monthly payment and each successive month lhereafter ur,til morigagee shall notify mortgagor of a change in such amovnt. Such sums sh.a!1 be applied by mortgagee toward the payment of real property taxes, i surance prem:ums, and mortgage guaranty insurante premiums. • - 2 IN WITNESS EOF, the said MORTGAGOR has hereuroo set his hand and seal da yea int u1 ~ ~~~~ea~ d i red cw t p?esence of: FlLED i>~jn ~EC01ZD~ # ~~i« SY. l..tlCIE C3UhTY. ~L:,. , ..~.t,~- •,-t;}r "4 = ~a7~+IW~ an ~ Sea~ ~ s7~ F"t6 23 P?~~ 3:3 ~~n ~ STATE OF FLORIDA ~ ~ ~ ~ ST LUCIE ~ couNnr oF • , . - t Before me penonally appeared C11~1C 5 d~ Jr . and Joan B. Woolazd ' ~ th~ individwls desuibed in and who executed the for a his wife, to me well k~own and know~ to me to be i eg ng instrument, and acknowledged before me that they executed the same for the purpoxs therein expressed. And the sa~1 Joan g. ~A1001aYC~. w~r~ of rn~ ~;d Charles C. Woolard, Jr. examinaYan by me wken separate and apart from her said husband, acknowl upon s sepsrate and privste edged to and befwe me that she executed said instrumem freely and volun- rariiy'an~-witfiwTs-n`y co'mp7san; cb~liain , appre s°~ ear~or ~im'-i~er~~s~an~'--'- - WITNESS my hand and official seal this .a~c~"^ day of February ~ p 19 7O Notary Pu in and fw the tate of Florida at larpe My Com sion expires: ~~/y 7/ Retutn To: firtf federa! Savings ~ loan Auociation ..t±;,lt: "~Y ~li~:C. Stt1! 0~ fjpn~ at j~ Of fort P~erce. '~~t~~,?~tc :.~~r~/~~ . l:i:~~~15_i~.r:i ~X;.IiEi AL' b 1971 _ Fort Pferce. Florida i` ~i . kpdad i ~ ~ ` ~vl.• `:a ;•.~~?J i, r ~+~l+~~ Ek! 4 - , 1 : ~ J;'r~ s--~~ G : ~ . - -~ti t':~ : : ' ;~f' : This Insirument Prepared By John W. Coll~y,~;,~~"' Cj'~;; First Federal Savings b loan Association ~ ~~r~~ '.a.;,'__ ; Q, s ~ of Fort Pierce , F torida '~~Y~':. Q ~ • '4 ~ ' ~1~f . Checked By!9~-- , a S? 1••` : 0/? ~R h_{ ,rr /-/I~(~]^y~ ~~4~f~:~:~1:)~~~~, dYY~~~~/ P~VL MW ~ ~ ~ _ A " _ " " . _ _ . . . . . . . _ . _ ~ r _ +~3 SP° - . E_, ~ _ . . -'E ~ . ^rr_~~~:~