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Home My WebLink About1455 3. To plac~ and continuously keep on tt+e buildinps now a Fa~eaft~r sit~~t~ on said land +nd on +II equipmtnl and penon~llY covaed by this mort~ •g~, with all premiums thercon pa~d in (ull, fit~ insurant~ in th~ ui~al ttanda~d poliq fam, in ~ sum approvad by the MORfGAGEE, ~nd windsto~m iniw~rxs In ths uswl ~t~ndard polity form, tn a sum ~pproved by ~he NIORTGAGEE, i~ iuch company o~ compaoies as ~M MORTGAGEE may dirsctt and all fir~ a~d w~nds~orm inw~anu polici~s on +ny of ~a~d buitd~nqs, ~ny inter~s~ therein or p~r~ Ihereof, in ~he +g~reyate sum ~fwt~aid a In ~xceu the~eof, sMll ca+?ain ~he uswl seand+rd ma~yagN clause o~ iuch o~h~r claua~ ai ~M Mo:~y~gc+ may requ"as, makin~ ~hs lou unds. sa~d polb cies, cach a~d every, payabl~ to said MORTGAGEE as in interest may appear, a~+d each and every iuch polky shall be promptly au:9ned and detivered ~o ~ny Mld by said MOR(GAGEE as (ur~her seturity to said mortya9e debt, a~d, not leu than ten (10) days in sdvance of ~he eapira~ion of each policy, to dr IivN to s+id MQRTGAGEE a renewal thereoi, toptther with a reteipl fw the p?emium of such renewal; a~d thers thall be ra f~re or wind~torm inwra~a placed on any of said buildings, any i~te?est thsrein er parl thNeof, ~nleu in the form and with the los~ payable +s afae~aid; and i~ tFk event any wm of mor~y becomes p+yable under iuch policy w policas s+~d MORTGAGEE shall haw the option ro receive snd apply the same on account of the indsb~ed ness secwed hereby w~o petmit s+id MORTGAGORS to reteiw and vs1 it w ~ny part thereof for othcr p~rposes, wiihout thrreb~ waiving o~ ~mpair- irg any pu;ty, l;en a righi u~de~ w by virtua of this mortgaye; and in the ~vent sa3d MORTGAVORS shali fo~ any reason f~il to kesp the said prtm~us w Insvred, w fail ro deliver promptly any of said policies of inswance to said MURTGAGEE, o~ fai! promptly to pay tully any pre~nium thereiw a in ~ny respect fail ro paform, d~xharge, e~ecute, effect, complete, comply with and ~bide by this covenant, a any parl hercoi, said MORTGAGEE may pl~ce ~nd pay fw :uch inwrance w any psrt thereof without waivinp w ~ffecting any option, 1'ien, eq~ity, w right under o~ by virtw of this Mortgs9e, and the fult amount of each and every such payrne~t shal~ be ~mmedtately due ~nd payable and shall bear i~terest from the date thcreof umil paid at the rat~ ol nine per centum per annum and !o~efher with such interes~ shall be securcd by the lien of this mortg~ge. 4. To permit, oommi? or iuffer ~o w+ste, knpairmeM w deteriwatia? of. said property o? u+y p+rt thereof. S. To psy all and singul~r the cwts, ch~rges and expenses, ir+cluding a reasonable sttwney i fee and wsts of abstracts of title, incurred w paid at any time by said MORTGAGfE, bacavse or in eM event of the tailure on the psrt of the aaid MORTGAGOR to duly, promptly a~d fully periwm, dixharyR exaute, eifecl, complete, comply with and abide by ~ach and every the atipuiatio~s, agreemenri, conditions, u+d mvc~anrs o( said promissory note and thq mortgape any w either. and uid costs, chuges and expenses, esch and every, shall be immediately dve and payable: whether or not there be ~otice d~ mand, attempt to collett a suit pe~d~ng; and the full artavnl of each and every such payment shall bear interesf from the date thereo( ~ntil p~id at the rate of ~ine per centum per amwm; and all said costs, tharges ~nd e~penses incurred or pa~d, togelher witA cuch intereat, shall b~ setured by tM lie~ of this mort~~e. 6. Th~t (s) in the event of ~ny bre~ch of this Mwt9spe w default on the part of the MORTGAGOR, or (b) in ths eveM any of ss~ sums of naney haein roferred to be rwt promptly and fully paid within ti~irry (30) days next after the same severally brcome due and payabla, without demand w nolite, ~r (c? in the eveM each ~nd every the stipuktiau. agr~eme~ts, caxlitiuns and cavenants of sa~d promissory rate and th~s mwtga~e a~y or e~ther ue no1 iuly, promptly and fully performed, dixharged, exetuted, effected, tompleted, complied with ~nd abided by, then in either a sny such event 1M ~+:d gregate wm ment'aned in said promiuwy note then remaininp u~paid, with interest acuued, and all moneys secured hereby, shall become due and pay~ able fwthwith, a thereafter, at the option of said MORTGAGEE, as fully and comple~ety as if all of the said wms of rr~ocxy were aginally stipul+ted to be paid on such day, anything in said promiuory note w in this Mortyage to the cont~ary ratwithstanding; and therevpon or tFxreafta at the op~~a? of said MORTGAGEE, without notice or demand, suit at (aw w in equity, therefwe or thereaftcr begun, may be proxcvted u if atl maroys secured hareby had matured pn~r to iri irqtitution. . 7. That i~ the event Ihat at the beginning of w sf any time pending any suit upon this Mwtgage, « ro forecbse it, or to reform it, or fo enfatt payment of any claims here~nder, said MORTGAGEE shall apply tu tFx Court having jurisdiction tFxreof fur the appointmem of • Receiver, suth Court sh~~) forthwith appoiM a receiver of said mortgaged property all and singvtar, includ~rg all and singula~ the income, p?ofits, issues and revenves from whatever source derivcd, each and every of wFi~ch, it being expressly u~dcrstood, is heroby mwtga9ed u if spec~iically sN forth ard dewibed in the Qr+ntirg snd habendum clauses hcreof, and suth Receivev shall have all the broad and effectivt functions and powers in anywix eMrusted by a Cou~t to a Receiver, and such appointment ihall be made by tuch Court as an admitted eqvity and a matter of absolute right to said MORTGAGEE, ~nd without re(erence to ths adeqvacy w inaJequacy of the value of the property mortgaged or to the solvency or inwlvency of said MORTGAGOR a the defendann, and that wch rents, proiits, intort~e, issires and revenues shall be applied by svch Reteiver xcwding to the lien or equity of said MORTGAGEE and the practit! of suth Court. 8. To duty, promptly and fvlly perform, dixharge, execute, effed, oompletc, comply with and abids by each and every the stipulatwns, agreemenri, conditioru and covenants in sad promissory note ~nd tha mortgage xt forth. 9. That in the event the own~rship of tl+e mortgayed prem~ses. o? any paA thereof, becomes vested in a person other fhan the MORTGAG4R, tht MORTGAGEE, its successon ~nd assgns. maY. without notice to the MORTGAOR, dcal with such wccessa w succeuw in interest with refe~ence to this morlgaqe and the debt hereby secured in the same man~e? as with Mortgagw without in any way vitiating a dixharging the Mortgagors' liability hcrs- under or upon the debt Fxrcby secured. No sale of the premixs hereby mortgaged and rw fabearance on the pan of the MORTGAGEE w its successors or assigns and no extcnsion of the time fw the psymeM of the debt hereby secured given by the MORTGAGEf or its successors or auigns, shall operat~ lo release, dixha~ge, modify chsnge w affect the origi~al Iiab~Gty of the IIFARTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time a of the esscnce of this contract and that no waiver of any obligaYron hereun~kr or oi the obliyation se- cured hereby shall at any tirt?e thereafttr be hold to be a waiver of the termt~ hereof a of the instrumeM secured herby. 11. In additio~ ro tFK fwego:ng rt+onthly paymeMS of princ:pal end interest requires! by the promissory note secured hereby, rtwrtgagor tovenanb and agrees to pay to rteortgagce with each monthly payrmnt sn additional sum es~~mated by mortgagee to be equal fo 1/12 of the annwl cost of the follow- irg: A-All real property taxes kvied o? assessed against the above described ~eal _estate. B-Premiums on fire and windstorm inwrance as herein requ~red to be carried on the improvemenri situate on the above described premises. ; C-Premivms o~ uxh mortgage gvaranry insurarKe as mortgagee shall from t~me to time deem fit ro carry on the ban secured hereby. t f Nlortgagee shall from time to time notify mortgagor in writing of the amount due and paysble hereunder and such wm shall thereupo~ be due ~nd ; ~ payable on the due date of the next monthly payment and each successire month thereafter vntil mortgagee shall notify mortgagor of a change ie wch t amount. Such sums shall be applied by rtwrtgagee toward the payment of rea~ property taxes, iruurance prem.ums, and mortgage gvaranty inwr+nce oremi~ms. € IN WITNE55 WHEREOF, the said MORTGAGOR hss hereumo set his hand and seal the day a year nt presaid. R $iyned, Sesled and delive?ed in the presence of: ~ - n ~-n ~ ~ STATE OF fLORIDA t COUNiY OF St. I~i1C~@ + SS. ~f~ ~~~,,,i~y ,~a.~ Robert Hale, a single adult ~t ~aoamf~ ro n,e W~u known ~~a kn~, w ro b. ~ the individwJ/ dewibed in and who executed the for~goinp kutrument, and acknowledped befwe me that jF~ execvted the same fw the purposea. rhe~tio e:pressed. ~yffi - ~ ~ ` ,`J' . , WRNESS my hand and official se~l thii ~O d+Y of ~y ~~'~i~- : ~ ' ~ ~`Q1~ , / ~ . t Nota _PuWic in ~nd for ths .SL~l: s+~p~. V=• ~ : " Retwn Ta FILED~ AND RECOFi~D~'s"°^ e%W~~° -~+'J.~v~~:•t ST, LUCtE COUNTY, FLA. : 4``~~:~ '.Q' ~ fi.st Fede..~ sav ~ 6 Loan As.«~arron ~ ` ~ "'9 `.~rn r~ i _~~c~c . ~ , , G i ~ a~,~~~ , Of fon Pierce. ~q~~p(~ ~i,~' ~ ~ OJ ~ ~ fon Pierce, Florida ' ~ 'ZO ~'~A~ 8 PM : 37 ' 3- ~ This Instrument Prepared By Richard K. Kayies p First Federal Savings b loan Association ;,D~E~ p~ITRAS ~ of Fort Pierce s~or'j-~ CLERK CIf~CUIT COURT ~ ~ Checked By ~ 800K~84 PACE~~~ ~ { ~ ' ~ ~ - ~ - . _ . _ - - - - - _ s_ . _ . ~