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Home My WebLink About2373 ~ 3. To plac~ snd cont;n~ously k~p on th~ buiidinps iww or Mr~~ftK Wtu~t~ on said la~d and on aN equ;pm~nt ~r~d penonally covtred by this mwtg~ ' ap~ wi~h a11 paniums thenw? paid in f~14 fu~ insurana in th~ ufual ~t~nd~rd policy fam, ln • sum approved by tM MORTGAGEE, u+d winditorm insurance in ~M vswl ~~andard policy fam, in • ium apprav~d by th~ MORTG/1GEE. in wch company or compani~s as tM MORiGACaEf may dindj ~nd sll tin and windstorm insur~np polici~i on any of ssid buildinp~, ~~y intKesl IF~srein w paal tharaof, In tFN apQre9~te Wm aforesaid w in ~xcsss the~eof, sMll contain tl» vswl standud mort~a9e~ cla~s~ w tuth othN tlavs~ u the Mortp~9N may requirs. makinp ths lou undsr said polb ti+s, each ~nd every. paYabk td HW MORtGAGEE ai iq intsrest may ~p~ar. ~~d each ~nd evary svch po?icy shall b~ nranptly su 9ncd and deliverad to ~ny held by said MORTGAGEE as turther tecu~ity to s•k1 mor~aaw debt, and, ~ot ku than ten (10) days I~ advance of ~he expiration o4 e+ch policy, to ~d~. liva to iaid MORTGAGEE • ~enewal IMreof, top~thK with a receipt for tne premium o( such renewal; and fhe~e shall b~ ~o fira w windsrwm insura+rc~ plsced on any of said buildir~q~, arty Inte~est ther~i~ or psrt th~~eof, unleu in tM form ~nd wi~h ths loss p~yable ~s aforsiaidj and in tM ~we?t any sum of money becw.~es paysble ur~r such policy a policiy said MORTGAGEE shall haw the option to ~eceive and apply the same on accoum of tM i~dabted- Mts sstured htreby q w permit said MORTGAGORS 1o reteive ~nd v~t it or any part fAereof fo~ othcr purposes, wi~hout thsreb~ waivi~tig cv ~mpair. irg any pviry, lia~ or ri9ht under a by vinue of thy mortpayej ~nd in ths ~vsnt ~aid MORTGAGORS shall for any ~eason fail to keep Ihs said premiset sp insured. a f~il 1o dsliver promptly any ot uid policies of insurat?c~ to s~id MORTGAGEE, w fail promptly to pay fully any p~e~nium therefot or M any rsspec~ fal! b p~fam, disciwrQe, execvte tftect, tomplate, comply with and ~bid~ ~y th~i covensnt, o~ any pa~~ hereof, said MORiGAGEE m~y plac~ ~nd paY fa such irauranu o~ ~oy put theteof without waivinp or affsclinp any optiw~, tien, ay_' ~•~ght undet ar by virtw of this Mor~ya~, ~nd tht full ~mo~nt of ~ach ~nd ~vtry such p~yment sMll be immediately dw arwl payabls and shal! bea~ intorest from ths ds~e thereof u~til paid at the ~at~ 01 nin~ px centum per snnum and together with ivth intaesr shall b4 secu?ed by tM li~n of th~s mwtgage. 4. To peimit, commit or wffar no wute, impakm~~t a deterioration of said propeny or any part thereof. S. To p+y sll snd ti~gvla~ ths cats, cFwp~s and ~xpense~„ includir~ a re~:onable at~orney's fea and costs of sbstracts of title, incur.ed w paid at any time by ssid MORTGAGEE, bscavse w in fhe svent of tM failure on tMe part of 1M uid MORTGAGOR to duly, prompNy and fully perform, dixhsrgR rxecute, eifed, comple~~, comply with and ab~de by each and every ths stip~lations, agreements, cond;tiora, ~nd mvenann of seid prom;ssory note and thii mort~e ~ny w e~~hsr. snd said costs, clwges and expeoses, each s~d every, shatt be immediarety due and payable: wherher w not tber~ be noiice de mand, attempt to coIIM or wit pe~dingj uid the full ~mount of each snd every svch paymtnt shall bear interest from the dste tlxreof u~til p~id ~t tht~ ' rate of ni~e per ccntum per annum; and all said msts, charyes and expenscs incurred or paid, togethe~ with such interest, shall be setured by tM tien of thii ^wrtp~y~- b. That (a) in the event of amr besch of this Matgsy~ w defsult on tM part of the MORTGAGOR, a(b) in the event any of sa?d sums of mon~y herein refe~red to be not promptly ~nd fvlly p~id within thirty (30) days next after the same severatly become due and payable, wi~hout demand w no~ice, or in ttx event each ~nd every the stiputatiorts, ag~sements, conditions and tovenann of sa:d promissory note snd th~s mort9a9e any w either ue not iuly. prompNy a~?d fully performed, d~xharped. execured, effected, completed. complicd with ~nd abided by. then in rither or any such event th~ s+id ag gregate wm mentioned in said promissay note then rema~~iny unpaid, wi~h interest accrucd, and all moneys secured hereby, shall becom~ dw and pay- a!•!r fw~hwith, q tli2?NFfN. at the option of said MOQTGAGEE, as iully and completely as if ali of flK wid wms of money were aiyinally atipulated to be paid on such day, anythiog in ssid promissory note or in this Mwtyage to the tontnry notwithstanding; and thereupon or tf~ereafter st ti+e optia? of saFd MORiGAGEE, without norice a demand, suit at !aw a in puity, therefore or thereaitcr begun, may be prostcuted +s if ~11 rrwneys secured hereby had matwed priq to its institutio~. 7. ?hat in the event tMt at the beginni~g of or at any tims pc~di~g any suit vpon this Mortgage, w to fweclose it, w to ?efwm it, a to enforca paymenf of sny ciaims he!eunde~, said MORTGAGEE shaU apply to the Court having jur;sd;ction lhereoi for the appointment of a Receive?, such Courf sMll fwthwith ap~aM a receiver of said mortga9ed properry all ~nd singular, includ~ng all and sirgular fhe income, profits, iswes and revenues from whafw~r source derived, each a~d every of wh~ch, it beinp axpreuly undcrstood. is hereby mortgaged as if sprcifitally set forth and described in the ~~anriny and habendum clavses hereof, and such Receiver shall have all the b?oad snd effective funct~ons and powers in anywiu entrusted by s Cou~t to • Receiver, and such appointmeM shatl 6e made by such Court as a~ admitted equity and a matte? of absolute ~igM to said MORTGAGEE, and wittaut reference ro the edequscy or inadequacy of the wlve of the property mwtgsged or to the sotvency w inaolvency of said MpRTGAGOR w the defendants, and that such rer.ts, profits, incwne, iasues and revenues shall be spplied by such Receiver accwdin9,to the lien or puity o( said MORiGAGEE and the practice of such CouA. 8. To duly, promprty ~nd futly perform, discharge, execute, effect, tomplete, canply w+'th ~nd sbide by each and every the stipulatiorn„ egreemenri, conditaro and covcnanta in said premissory nete and this mortgage set fa1h. 9. That in the event the ownenhip of the mortgsyed p?emises, or ~ny part thereof, becorr~es vesfed ~ a penon other thsn the MpRTGAGOR, th~ MORTGAGEE, in succeuo.s and suigns, m~y, without notice to the MORTGAOR, deat wirh such_successqr a successor ;n intcresf with ?eference to this mortgage and the debt hereby aecured in fhe same manner as with Mwtgaga without in any way vitiatiny w dixhsrging the Matgagcrs' liability here- under a upon the debt hereby setured. No sale of the promixs hereby mortgaged and no fwbearance on the part of the MORTGAGEE w its successws or auigns and no extension ot the time fa the psymeM of the debt hereby secured given by the MORTvAGEf or its successors or auigns, shall operat~ ro ~elease, discharge, modity change or afFetl the original liability of the MORTGAGOR hereio, either in whole or in part. 10. It is specifically agretd thst time is of the qunce of this conrrad and that no waiver of any obligation herevrKler p of the oblgation se- cvred hereby shalt at any time thereafter be held to be a waiver oi tAe te~ms hereof or of tlk instrument secured herby. 11. !n add'rtion to the forego:ng month)y payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with esch monthEy payment an additional sum est~mated by mortgagee to be eq~al to 1/12 of the annuat cost of tF~e follow- A-All real properry taxes kvied or auessed against the above dewibed real estate. B-Premiums on fire and windst.xm insurance as herein requ~red to be carried on the improveme~ts situate on the above described ptemises, C-P~emivms on such mbrlgage guaranty insurar~ce as mortgaget-sksft Yiam T -secvre~-her Mwtgagee shall from time to tune notify mortgagor i~ writing of tF?e amo~nt due and payable hereunder and such sum shaU fhereupon be due and payaWe on the due dafe of the next month!y payment and each svctessive month thereafter ur.til mort9agee sha11 notify mortgagor of a charge in wth amount. Such sums sF.atl be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage gvaranty i~surance premiumt. IN WITNE55 WHEREOF, the said MORTGAGOR Ms txrevMO set his hand and seal the day and year first sforesaid, aled a deli ed in the presente of: - ~ ~ (Se~p n , n ~ ATE OF FLORIDA ST . UICIE ~ ~ counmr oF eefwe me personally appearcd - J2110ES W. Fair May E. Fa i r his wife, to me well krawn and known to me tp be the indwidwis described in and who e:ecuted the foroyoing inttrumeM, and adcnowtedged before me that they executed the same fo? the purposes rn~.eM •xp~essed. a~d rhe sa~d ~Y E. Fair wife of the wid .1~@S VII. Falr upon a sep~r~te and priv~t~ examination by me taken separate and apsA from her said husband, adcnowledged tp and p~fae me thst ~he exetuted ssid instrument freely and volvm rarily and withow any compu(sion, wnstrsint, apprehension, or ar of or from her qid husband, WITNE55 my hand snd official ~eal th:: d~y o{ March ~ d, 19 ')0 Notary Publit in snd,fw the Sfst~ of Florid~ at lary~ Return To: My Commiuion expirp: F+nr Fede.al Savinps 3 loan /?uociat'an ~~.+~+~~uup NY C~~ ~s~+' STIITE Of FLORID~ ~j h,, ' MMISSION EXF~IR~ SEPT: UIR~E Of Fort Pierce. ,~~~~t ~r:z~j~'hlr~ ' ~ j~ F~ ~ ~ fort Pierce, florida ~a!~ , ~ ~ • ~~.t~"`" . • • .r ~ s~~''`~~v"~: , F1LE0 AND RECC Q ~ =~r: ;`~~,.~o~ 4- l= = ST. LUCIE C~UN?Y. ~'LA." •~~,v-~' ~~~t== VERIFIED ` , a ~ f2FCORD This Instrument Prepared By J~ First Federal Savings b Loan Associati0~~ %~~r~ ~'~t~ v; ~916 ` O c . ~ u~~ p 3 of Fori Pierce~ r' IOZ1~~°~~~~•'~i~~'%'¢,~ ~1 O i'MY~ r~ J ~ ^••:':.•-%<<" ~~i I .~rs-• ~ CheC~CCd B ',~<:'y/j' ~/y,K'~ %~5~~~'!, ~ Y *-~w:tiiNw~~ _ . - ~ ' - . : , . -,..f~:.a;,'..':. . ZOG~R PO~T a5 g~~~~ ~ i~ ( Ct~ERK GRCUIT COUE~Ti { ~ ~ ~x _ , - _ - _ _ ~ ~ . . _ .