The URL can be used to link to this page

Home My WebLink About0406 ~ ~ 9. To plac~ •nd coe+tinuously keep on the bui!dinps now a Mre~ftt~ sitv+t~ o~ ~aid I~~d and on all equipment end personally covered by thit mort9- F p~, with •11 ptemiums therton pa~d in ful1, fi~~ insw~nt~ in tM usual :tandard policy form, in a sum ~pproved by the MORiGAGEE, and wi~dstarm ir?iura~ca in the uswl atandard poliq iwm, in a sum approved by IM MORTGAGEE, i+~ such company o~ companies ~s the MORTGAGEE may di~ect; a~d ~II fire and wi~dsrorm insurance policiei on ~ny oF wid bvild~ny~, any !n?e~ea~ therein or part thereof, i~ the aggreya~e ium afassaid or ln ~xcsu tFroreof, sMll contain the usual standard mortgsgae clsuse a such otFar clause as the Ahor~yagee may requ~rt, makinp the lou ~nder said poli- cie~, exh ar+d every, payable ro iaid MORTGAGEE as ih intereit msy appear, and each and every such poticy shall be promptly ass:gned and delivered to •ny hefd by said MORTGAGfE u(unher securiry to said mortps9e debt, +nd, not leu than ten (10) dayt in advance of the expirat+on of each polity, to ds- livt~ 1o said MORTGAGEE a ~eoewal thersof, to9ether with a receipt fot the premium of such renewal; and ~here sha(1 be no 6re o? windsrorm insuance plated on any of s~id buildings, u~y intcreit tl+~rein or psrt tha~eof, vnlau in the form and with the ioss payable as afaesaid; and in the eveM any sum of naney becornss payabl~ ur~der iuch policy or poficies wid MORTGAGEE shall have ~he opt~on to receive and apply the sama on accouM of the indebted- ness tecured hsreby w b permit said MORTGAGORS ro reteive sad us~ ii q any part thereof for other purposes, ~vitho~t th.r~o~ wai~ing o~ ~mpair• inp a~y equity, lien w right undrr a by vi»us of this morsqsye; u+d in the event said MORTGAGQRS ihall for any reason fail to keep the said p~emius w insured, or fail to deliver promplly a~y of said policia of insursnce to said MORTGAGEE, w fail promptly to pay fully a~y pre~nium therefor or in any respect fail ro pe.form, discharge, execute, affect, complets, comply with a~d abids by this covenant, o. sny part he~eoi, said MORTGAGEE may pl~ce ~nd pay fw such insurance w any part thereof without w+ivinq or affedirg a~y option, lien, eqvity, w right u~de~ or by virtue of this Ma~gage, and the full amovnt of each a~d ~vtry such payment shatl be immedistely dw and payabls and shalf bea~ interest from tAs date thereof until paid at tM rate o1 nine per cer~t~m per aru?um and togetFxr with suth iNerest shall be seturtd by the IiM of this matgsge, 4. To permit, commlt w suffer ~o wute, impairment or deter'roration of ssid property or any parl thereof. 5. To pay sll and sinpular ths costs, tharges ~nd expentes, includinp a reasonable attwney i fee and costs of abstracN ot title, i~curred or paid at a~y time by said MORTGAGEE, because w in tl+s event of ti+e faiture on the part uf the said MORIGAGOR to duly, promptly and fully perform, d~uharge, execute, sffect, tomplet~, comply with and ibide by each and every tF+e stipulations, sgreements, conditions, and covenants of said promiswry note and thii mortgage any or either, and isid cosb, cha~pes and ~xpenses, each and every, shall be immediately due and payabie; wherher or not there be notice de msnd, attempt ?o collect ot wit pendirp; and the full amovn? of each ar+d every suth paymtM'shall bear interest from the dale tkereof until p~id ~t the rate of nine per centum per amium; a~d all said costs, charges and expenses incurred or paid, togetlxr wah such interest, shall be secured by the lien of this mott9age. Q That (s3 in the event oi any breach of this Mongage o~ default on the part of the MORTGAGOR, a(b) in the event any of said sums of money herein referred to be not promptly and futly psid within thiry (30) days next after ~he samc xverally become due snd payable, without demand o~ notice, or in the event each and every the stipulations, agreemenri, conditiau and coverwnts of sa~d promiuwy i?ofe arw! th~s mortgage any or either are oot ~uly, prompdy snd fuUy perfamed, dixhar9ed, executed, eftected, tompleted, compfied with and sb~ded by. then in sither w any s~ch evem Ihe iaid ag gregate sum mentaned in iaid promiuory note then remaining uopaid, with interest accrued, and all moneys secured hereby, shall becoms due and pay- able forthwith, o~ thereafter, at the option of said MORTGAGEE, ss fully ard completely as if all of the said sums of money were uiginally st~pulated to be pald on s~ch day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and the~eupon or tF~ereaf~e~ a~ the op~con of ssid MORTGAGEE. wittw~t notice or demand, wit at taw or in equity, thereFore or thereafrer begun, may be prosecuted as if all moneys secured hereby had mstured prlw to its ir?stitutio~. 7. That in the event that at the beginning of or st any time pending sny s~it upon this Mortgsge, w to fweclose it, w to refo?m it, or to enforce payment of any claims hereunder, said MORTGAGEE shal( appty to tlx Gou?t having jurisdiction thereof for the appo~ntmeM of s Receiver, such Court shall forthwith appoint a rece;ver of wid morigaged propcrty all and singular, irKtud~ny ill and sir?gvlar the intome, profits, iuues and revenues from whatever s.wrce derived, each and every of which, it being expressty understood, is hereby mortgaged as if spetifically aet forth and described i~ the yranting and habendum clauses hereof, and such Receiver shall Mve al! 1he boad snd effettire fvnctions and powcrs in anywise entrusted by a Cour~ to a Receiver, and such appantment shall be made by such Caert as an admitted equity and a mattN of absolute right to said MORTGAGEE, and wi~hout reference to the adequscy or insdequacy of the value of the propery mortgsged or to the soNency or insolvency of said MORTGAGOR w the defendams, and that such roms, profits, income, iuues and revenues shall be spplied by such Receiva according to the iien or equity o( said MORTGAGEE and the practice of such Court. 8. To duty, promptly and fuily pe?fwm, discharge, execute, effect, mmptete, comply with and abide by each and every the sfipulatiau, agreements, conditiores aru! covenants in u~d promissory note and this mortgage set fwth. i 9. That in the event the ownershep of the mortgaged premises, or any part thereof, becomcs vested in s person other than ihe MORTGAGOR, ths MORTGAGEE, its successas and au~yns, rt~y, without notice to the MORTGAOR, deal with such successor a successor in interest with reference to thi~ mortgage and the debt hereby secwed in the same manner ss with Mortgagor withoyt in any way vitiating a discharging the Mortgagon' liability hera u~der or upo~ the debt hereby secured. ' No sale of the premisas hereby mortgaged and no forbearance on Ihe part oi the MORTGAGEE w its successors w aug~s and no extension of the ~ime fa the payment ot ths debt he~eby secured given by the MORTGAGE~ or its succeuors or assgns, .hall operate to release, discharge, modify change w affect the aginal liability of the MORTGAGOR herein, either in whole w in part. 10. It is specificatly agreed that time is of the essence of this contract and that no waive~ of any obligation hereunder w of the obligation st cured hereby shall at any time thereafter be hetd to be a waiver of the terms hereof or aF the irtstrumeM aecured herby. 11. In addition to the forego:ng monthty payments of prirrc"pal and interest ~equired by the prom:sw~y note sec~red hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirional s~m estimated by mortgagee to be equal to 1!12 of the annual cost of the follow- ing: A-All real property taxes kvied or assessed against the above described real estate. B-Premiums on fire and windstorm inwrance as herein requ~red to be carried on Ihe improvements situate on the above destribed premises. ~ C-Premi~ms on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha!1 from time to time notify mortgagor in writing of the amount 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 rreonth thereafter urtil mortgagee shall notify mortgagw of a chaoge in such amount. Such sums shall be applied by mortgagee toward the payment of real prope:ty taxes, insurance premiums, and mortgage guaranty insurance premiums. • iN WITNE55 WHEREOF, the wid MOR7GAGOR has hertunto set his hand a~d sea! the day and year first af esaid. S~y se ~ed a~d ~~re? ~n ihe ~x~seooe of: ~ ~ LE D A td D't~ E COR D E D i ".T, LUCIF r;OUfVTY,.FI"~-.'~ - -(Sea4 i . . ; ~ ~ . ~~1~ Ild.1~ B _cst.+~ E 190303 cs~n ' SiATE OF FLORIDA ~ i~ L~ J ZG~ i ~ ! c o u n m o~ St . Luc ie ~ ~ t` C a r l E. N o b l e s-::;!:,` i: -i}: i r~.;: S - t Before me penonslly appeued ' and ~ ' r~~ F; ~ C~' ~ C~ ti•• ~?e to me well known a~d known to me to be ~ t h e i n div i dw fs d e s vi b e d in a n d w h o execut e d t h s fore~yoinp instrument, antf acfcnowledged before me that they execut t sa~fine ~fie ~ r?k.~~~ ex~.~d. n„d ~h, ~~a R os e M ar ie N obles ~ wife of the said Carl Nobles upon a sep~rate ~nd priv~t~ ~ ! ezaminaYwn by me taken separate and apan from her said husband, adcrawledged to and before me that she execvted said instrumeM f~eely end volurr ` tarily and without any compulsion, constraint, apprehensian, or feu of ot from hN wid husband. ~ f WITNESS my hand and officin{ seai lhi: - . __aap of _ A. D. 19~~ s ' otary Public in and for ihe State of Florida a1 Lsrpa i . lHYx Commiuion expires: I Return Tw , ,.,:~~c::t~tttt~,.. ~ Fint federal Savings b losn Associatcon Z-~ lIOTARr PItBUC~, $TATE OF FLORIDA AT lAR6E ~ Of Fort P~erce. :`r~..•'•••'•••.~~', `1YiY CUMMISSION EXPIRES SEPT. 23. 1g7~ • ~ n~u ~m rk a~~ Fort Pierce, Flwida : ; v ~ _ ` ' . _ ~ - ~ i- ~ . - . ~ : _ ~ This Instrument Prepared By Wm. E.Br~t~i• . Fi r st F e der a l S avin g s b Loan Association ! i'•.;, e~~"( . / , , ~ ~``SR ~ of Fort Pierce~ Florida r.~~~~~~~~••. ~ Checked By~- :,::,.,,t.~~ . i ~ go~ 183 P~ 406 ~ - - _ ~ _ ~f _ _ ~ - _ ~ . - - _ _ - ~:j - ~ w7 ~ _ _ _ _ . . ~