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Home My WebLink About1100 ~ ; . . 3. To ptap and ca+!i~?uously k~~p on the buildinys ~ow or M~NNN fifWt~ OR f~iCl tand ~~d on aN equipmeo~ and Ftrso~sUy coverod by ~hii mat¢ p~, with ati prtmiumt therso~ paid in tul1, fir~ insuru~ce in ~M uiwl i~andard policy fum, in a ium spproved by the MORiGAGEE, and wind~tum i~uw~n i~ th~ uswl uandard policy fam, in s sum approved by tM MORTGAGEE. i~ such compu~y or companies as ~he MORTGAGEE may d'uMt u~d ~II fir~ a~d wind~twm insurancs polfcies on any oi sa7d buildinQs, any interost thcrein or part thereof, i~ the a~.e~ats wm afor~said ot M excess thereof, sMll cont~i~ th~ usual standa~d mortpag~~ c{ause w sucl~ othsr dwss as tM Mwtqa~ee may ~equirt, makinp ~he loss u~der said poli~ ~ cie~, each ~nd every. paYabl~ to said MORTGAGEE u in intereit may app~a?. and eacA ard eve~y iuch poticy ihal! be p~omptly au~yned and delivered ro ' ~ny Mld by aaid MORTGAGEE as fwther seturity to ssid mortys9e debt, and, not leu ti+~n ten (10) days in~advance of ~he expiration of each policy, to da liwr to said MORiGAGEE a renew~l theraof, top~ther with a receipt for the premium of such renewal; a~d there shatl be ra f~re or windstorm iruvra.rce pl+ad on any of siid buildinpi, any inlerest therein or part thereof, unku in the form and with tF?e loss p+yabk as af«esaid; and i~ the avtnt any sum of monay becomss p~yabt~ under such policy or policies said MORTGAGEE shall haw ths option to receive and apply the ssme on accouM of the indebted- ness secured hereby o~ q permit said MORTGAGORS ro roceiv~ and usf i1 Or any parf fhereof for other purposes, ~vi~hout thareb/ waiving ot ~mpair- inp any equity, lien or right under a by virtw of thb mortpays; ~~d in tM event said MORTGAGORS shall for any reason fail to keep 1he said p~emises so ini~red, w f~il to deliva promptly ~~y of said polities of insursr?te to said MORTGAGEE, ot fail promptly to pay fvlly any premium tF~eretor a in any ; r~ipect fail w perfwm, dixharQe, exewre, ~ffect, complete comply with u~d ~bide by this covenant, a sny part hereof, said MORTGAGEE may piace anc p~y fo? suth inwrance a any part ttwtof withou~ w+ivinp w affsctinp any optiwy lien, equity, or ~igM under or by virtue of this Mort9~ye, a~ tlx full ~mount of sach u~d tvery suth payment thall be immediatetY dve and payabls and ~?a!1 bes~ fntrresf from !hs date thcreof until paid ~t tlw ratt oi nins per ceatum pa anrwm and together witl+ wch i~tereat shall be securod by the lien of thh mortyage. 4. To permif, oommit or wffar no waste, imp+i~ment a deteriwation of taid property w u+y part thcreof. S. To pay all and sirg~lsr ths cosn, charges and expensea, i~cludirq a reaso~able attomey's fee snd costs of abatracta of title, incvrr~d o~ psid at ae~? time by said MORiGAGEE, bscavse w in the ewnt of the failure on the part of ~he taid MORTGAGOR to duly, promptly and fufiy pe~fwm, dixhary~, executs, effect, compkte, crenply with ai+d ab~de by each and every the st~pvlatrons, agreeme~ts, cw?ditions, and mvenants of iaid promissory note and Ihii mongaq~ a~y or e~ther, and said costs, cfi~~9es and expenses, e~ach snd every, ihali be immed~atefy due ar.d payable; whethe? a not there bs notice d~ mand, attempt ro colkct or wit pandtngs ud ?ha full amount of each and evcry such payment ihall bea. intere:t irom the date thereof until p~id at tFK rate o( nine per ccntum per an~wm; and all said costs, ctwges and expenus incvrred or paid, together with such interest, shall be setured by the lien of tha ~W~• 6. Thst in the event of any breach of this Mo?tgaye w defavU on the part of the MORTGAGOR, or (b) i~ t~ie evenf sny of sa~d sums of money hcrein roferred to be not promptly and fully paid withi~ thirfy (30) days next after the same severally become due and psyabk, without demand q ~otite, w(~ in the evem escA snd evcry the stipulatioos, agreemenb, conditions and cavenams of sa;d p~omiuory note and th~s mortga9e any w cither ~re rwl ~uly, prompUy and fully perfwmed, discharged, execvted, effeded, completed, compiied with and sbided by, then in either or a~y such event tM said ~g gregste sum mcntioned in said promissory note then remaining unpaid, with intcrest accrusd, and all mo~+eys securcd hereby, shall become due and pay~ abte fo~thwith, or thereaftcv, at the option of said MORTGAGEE, as f~lly and compktely as if all of the said wms of money were origin~lly stipulated to be paid on such day, a~ythir+g in said promissory note or in this Mortysge to the con?rsry notwithstanding; and the~e~pon w thereafter at the option of ! said MORTC,AGEE, without notice or demand. wit ~t law or in squity, therelore or thereahrr begun, may be pros~c~ted as if all rtaneys secureo Aereby had matured prwr to its inititution. 7. That in the event that et the inni of w ~t ~n time ~ an wit u ~ bcg ng y pend"ng y pon this Mwtgage, w fo fueclose it, o? to ~eform it, or to eoforp payment of sny claims herevnde+, said MORiGAGEE sh~fl apply to the Court havir+g jurisd7ction thereof fa fhe appointment of a Receivet, such Couh sF~afl fathwitl~ sppdM a receiver of said mortgaged property all and sirgular, includ~ng all and singufa~ the income, profits, issues and revenues from whatever ~ aource derived, each and every of which, it beinp expressly voders~ood, is hereby mor~gaged ~as if specificalty set fonh and destribed in the yrantirg ar+d Mbendum clauses hereof, and such Reteiver sF~all h~ve all the broad and eHective functions and powers in anywise e~trusted by a Court to a Receiver, and such sppointme~t shall be made by wch Court ~s +n admined equiry and s matter of absolute right to said MORiGAGEE, and without reference to ths adequacy or inadequacy of the wl~e of the property mortgaged or to the wtve++cy or +r+solvency of said MORTGAGOR or the defendants, and that such rents, profin, incane, issues and revenues shsll be applied by such Reteiver according to the 1'ien w eqvity of taid MORTGAGEE and the practice of such Court. 8. To duly, prompNy and fully perfom+, d'aciurge, execvte, effeN, comptete, comply with and abide by each and eve?y' the seipulatio~a, agreanents, cw~diYam and cerenann in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in • penon other than tl~e MORTGAGOR, th~ MORTGAGEE, ib successws and suigns, may, wi~hout notica to the MORTGAOR, dcai with suEh succcssor or successor in interest with ~efe~er?ce to this mortgage and t!x debl bereby setured in tAe ssme manner as with Mortgagor without in any way vitiating a diuharging the Mortgagots' liability hera- under w upon the debt hereby secvred. No sale of the premises hereby mortgsged ~nd no forbearante on the part of the MORTGAGEE w its suaessors or auigr?s and no extension oi ~he time fw the psyment of the debt he~eby senned given by the 'NWRTGAGE£ or ib successors w assigns, sh~ll operats w rekase, dixhar9e, modify chartge w affetl the wiginal liability of the MORTGAGOR herein, either in whole or in psrL 10. It is specifically sgreed that time is o~ tF~e essence of this contract and that no wa'wer of any obligation hereunder or of fhs obligation at twed hereby shall at any tims thereafter be hetd io be ~ waiver of the ferms hereof a of the instrvment ~ecured herby. ll. In addition to the forego:rg monrhly paymenn of pr~nc~pa! and inferest required by tF?e promiuory ~ote setured hereby, mortgagot covenants and agrees to pay to mortgagee with each monthly payment an add~~ional sum est~mated by mortgagee io be equal to 1/12 of the annual cost of the follow- ~9: • ' A-All real property taxes levied or assessed againsi the above described rea! estate. B-Prem;ums on fire and windstam insurance as he?ein required to be carried on the improvemenb situate on the above drxribed premises, C-Premiums on such mortgage gua?anty insurance as mongsgee shall from time to time deem fit to carry on the loan setured hrreby. Mortgsgee shall from time to time notify mortgagor in writing of the artwunt due a~d payable E~ereu~de~ and suth wm shall thereupon be dve and ~ payabk on the due dare of the next monthly payment and each sutcessive month thereafter until mortgsgee shall notify mortgagor of a thange i~ such amount. Such sums sh.atl be appiied by mortgagee toward the payment of real property taxes, insurance ptem:~ms, and mortgage guaranty inwrance premiwns. . WlTNE WHEREOF, the sald MORTGAGOR has hereunto set his hand and seal the day and y sr Pust s oresaid. and 'vered in tfie presente of: i • n . Oy ~ ~ ~~~z~sR~- ` R a erine . e s ~ . i STATE OF FLORIDA ~ ` courrtv oF WC I E Befwe me per~onally appea?ed J. L,lovd Jeffers Catherine D. Jeffezs his wife, to me well known and kraw~ to me to b~ ; the individwb described in and who exewted the fore9anp instrument, and ad~nowledged before me that they executed the same for the pwposes ~.~M e,~.e.kd. n~,d the ~~a Catherine D. Jeffer s wife of the ~aid 1. Lloyd Jeffers . sepuats snd priwt~ examu+ation by me taken sepante snd apart from her said hvsbsnd, stknowledged to and befwe me thal ths executed ssid instrumer+t freely snd volurr tuAy and without any compulsion, constraiM; ~pprehe~n, or fesr of or from her said husband. ' WITNESS my hand and official sesl thi: ~ ~y ~ A. D. 19 7O ~ FILEL~ AND RECORDE ' t~o?ary vob~;~ !n ,~d + State of fiorida ~t lsrys Rer~?~ Ta. S~i. LUClE CQUNTY. F1.A. My Commiuio~ ex~r - Fint federal Savings Q~ toan Aswciafion r~a716J Z~ E D . of Fo.r P~rc~. t~otary Pu'~I~ic. Sia:e o1 Aari~a it larq1M~serea:,:,~~ + Fo?t Pierce. ~lorids c ~y ton:.:issian fx?aes Nor. f'~~~1 ~ ~~~f~. '10 MAY J ~_1 ' ~a.a ~r w..~.. F:. a c.w.er , _ 11•1•7~ o1:lp,-'•. ~ ; ~ ~ )V ~_.I1N `Y~ _ . ~ ~ • i1,. ~ ~>,.~y ~Y,ti . This Instrument Prepared By ~ • . ~ ' First Federal Savings 3 loan Assp~ ~ lRC~ COUR7' . .~N:•j'{1r of Fori Pierce ~ F IbY'~a v. ~10 t1 .-.y .i,-.., 1 0 - : . 6Q -A~r R ~K! \`i,-' 4 Chedced Byr~~ . ~`°~i~~~~y~,'~11 ~i~t°` ~Nttttttt?~N. eooK~.$~ _ - - _ - _ f _ . _ _ _ . , . ~_.~F