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Home My WebLink About0057 . ~ ' To plac~ u?d contirwousiy kNp on tM buildi~ps ~w~w or hereahK Ntv~t~ o~ said la~d and on ~11 equipm~nt ~nd p~r~or?ally cov~~~d by thl~ morp- ay~, with ali pr~miwns thsr~on p~7d in fuil, fin t~vranu in th~ ,uiwl standud policy form. .in a twn ~pprov~d by tM MORTGAGEE, and windstam inwr~nu in tM uswl ~ sundard poiicy fwm, ie a wm approv~d by th~ MORTGAGEE, ie wch company w companiei ~s tM MORTGAGEE may dinett ~nd ~II fin u?d wie~~wm i~qwar~ policies on any of aid bviid~nps, aey 1NSreit thatin a part tiwrwf, in tM a~re9aq ium ~fwts+id or In ~xcea ther~of, sh~ll cont+in the-usua) ita~dard mor~y+~ dauw a suth alw~ claus~ at th~ Matyape~ may rcq~~r~. makinp tM loss unda ~aid po1F cies, Nch a~d ~very, p+yabl~ b said MORTGAGEE as iri inlerpt may ~pp~ar, and Esch uK! ~very s~cM po~icy shall be promptly us:~oed u+d de~~v~red to •ny Mld by said N10R:GAGEE as turther security to said monpay~ debL and, not I~ss tMi+ ten (10) days in advance of the expir~tio~ of each policy, to dr livK to s+id MORTGAGEE a renewal therwf, topNMr with • ~eseipt fw tM pr~mium of such renewalt ~nd ~her~ shall bc no f~re or windstwm insu~ance pi~c~d on any of said buildinps, ~ny inter~st therein or part lhaaof, vnl:ss in the iam and with tM lau p~yable as afwesaid; ind. in tM ~vei+t ~ny sum of nan~y becarNS p+ysble under such policy or polities s+id MORTGAGEE shall Mv~ tF» optioe~ ro raceivs and apply the same on account of tM indebted~ ? nets secvr~d iN~eby w M petmit said AAORTGAGORS to t~otiw u~d us~ i1 w~ny part 1FKreof 1w other purposes, wirfw,rt 1hs~eb~ wairi~ig or m~pair- in~ ~ny puity, lie~ or ri~ht undsr or by riilue of this mortyspe3 ~nd in the ~vent s~id MORTGAGORS sMll fw any reason f~il to keep the ~sid premises w ~ insured, w fsil w deliwr promplly ~oy of said policies of inswant~ to said MORTGNGEE, or fail promptly to pay fully any premium therafor or in any ~ respact taii ro p~rfwm, dixharge, execute, ~f(ect,-canptete, compty wirh and abld~ by this covenaN, w any part heraof, said MORTGAGEE may pl~oe and ~ pay fw :uch inwxana w aoy put th~reaf without waivinp w aff~ctkq any optan, li~n, equity, a rght ~nder w by vi.tw of this Matgsgs, ~e+d ths full ~rt~ount of each and ev~ry s~ch paymant shall be immediataly dw ~nd pysbi~ and shaU beu inrerest from ths da?e the~eof vntil paid st th~ rat~ of nine per cenwm per annum and tppether with wch interest ih~ll be iecv~ed by the lien of this mottq~ye. 4. To p~rmit, cannut or wffer no wsste, impsirment or det~ior+tion of s~id pro~»rty or ~ey pan tF~eraof. 5. to pay atl and unpul~r tM costs, ch~rpas ~+d expenses, includirg a ~easa~abk atro.ney i fee +nd cosrs oT abstrans of title, iM~~r~ W paid at any time by said MORTGAGEE, because oi in the went of ths failure on the p~rt of ths ssid AAORTGAGOR to duly, promptly snd fully perfam, diuh~rpe, execute. effcc~. complcte, comply with and ~b;de br each and every the stipulat~w+s, sgreements, conditiau. and covenann oi said p~omissory r?ote and thi~ mort9age any w ei?her, ar~d said costs, charges and exp~nsas, each and every. sh~ll bs immediately due ~nd payabte: whether or not the.e be no~'+ce dr mand, attempt to colkct or wit per~dingj arw! tM fvll aa~otmt of esch and every wch payment ~hsll bea~ iMerest from the dste tAereof until paid at the ?ate of ~ine per centum per aruwm; a~d all said costs, charges and expenses intvrred or p~id, together wilh such intereit, shall be satured by the lien of thi~ mortWy~• 6. ?h~t (a) in the event of ~ny breach of fhis Mortyap~ or defavlt on the psrt of the MORTGAGOR, or {b) in the eve~t ~ny of said sums of ma+ey hereln referred to be not promptly and f~lly paid within thirty (30) days next afte~ 1he same seve~ally becwne due and payable, without demand or notice, or (c~ in tAe eveM each snd every ehe stipulatiau, sgreemtnri, tonditions and tovena~ts of sa~d promissory note and ~h~s mortgage any a either are noi iuly, prompdy and fvlly perfamed, d~scF»rged, executed, effected. comp~eted, complied with ~nd ab~ded by, then in ei~her or any such evem tM said aQ~ gregsts sum mer+taned in ssid {xom~ssory note then rem~ining unpaid. with i~terest scaued. and all moneys setu~ed hereby, shaH became due ~nd pay~ able fwthwith, or thereafter, at the option of .said MORTGAGfE, ss fully a~d completely as i4 all of thc said wms of money were a~ginally stipulatcd to be pa~d on suth day, anythirg in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon a fhereaftcr tl the option of said MORTGAGEE, without notice w demand, suit at law w in equity, therefwe or thereafter begvn, may be prosecWed ss if all rnoneys secwed ixreby had mafwed p~or to its Instif~tion. T. Thst in the eveM ~fut ~t tha brgiMitfig Of os st sny t':me pendng u~y svit upo~ this Mortgage, a ro forectose it, or to refwm it, w to enforce payment of sny claims herovncler, said N~ORTGAGEE shall apply ro ti?e Coun hsving jurisdrction thereof (or the appoi~tmem of a Receiver, such Caurt shaii ~ forthwifh ~ppoint a receive~ of said mortgsged property all ud singular, ir?clud~ng all and singular the income, p~ofits, issues and revenues from whatever source derived, each and every of which, it beirg expreuly uoderstood, is htreby mw~gaged as if specifically set fwth and destribed in the 9nnting and habe~dum clauses hereof, aod sucls Receiver shall have all the brosd and efftttive fu+xtian and powers in anywix entruated by a Court to a Receiver, ~nd such appointmeM shall be maJe by such Court as an adrnitted equity and s matter of absolute ~ight to said MORTGAGEE, and wittwul reference to the f edequscy or inadequacy of the v~lue of the property mortgsged or ro the soNency or insotvency oF sa~d MORiGnGOR o. the de3endants, and fhat such renrs, profea, income issves and revenves sMll be applied by such Receiver accad~ng to tM lien a equity of said MORTGAGEE and the practice of such Court. - 8. To d~ly, promptly and fully perform, discharge, execute, effect, compkte, oompty with and abide by each and.every tht stipulataru, agreerne+~ts, conditions a~d covenant~ in w~d p~omisso?y note and this mortgage set forlh. - 9. Thaf in the event the owncnhip of the mortgaQed premises, w aoy part thereof, becanes vested in • person othar than the MORTGACaOR, tM , MORTGAGEE, its successws and assgns, msy, without rai~ce to the MORTGAOR, deal with suth svctessor a successor in iMerest wirh retertnce ro this mortgage ~nd the deb~ hereby secured in the aame marrxr u with Mortgaga without in a~y way. vitiatie~g p diuharging the Mortgagors' lisbility here- under or ~pon the debf hereby secured. No ssle of the premiaes hereby mortgsged and r?o forbeannce on the pan of the MORTGAGfE o? its succezsws or aug~ and no extensian oF the time fa the paymeM of the debf hereby secured 9iven by the MORTGAGE~ or its succeuors or assigns, stwll operate j 1o release, dischuge, modify chan~e or affect the wiginal liability of the MORTGAGOR herein, either in whole or in part. y t 10. ft is specifically agreed thst time is of the euen~e of this contratt and that no waiver of any obligation htreuntier or of the obliyation sr cured hereby shsll st any time thercafiar be held to be ~ waiver of the terms hereof w oi the instrument secured herby. I1. In add~tion to the forego:ng monthly payments of princ:pal•and interest required by the prorn;ssory nofe secured hereby, rtartgagor covensnts and agrees to pay to mort9agee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- i~: . _ A-All real property ta:es kvied w assessed against the above described real estatr. B-Prem~ums on fire and wirtdstorm insurance as hrrein reqv~red to be carr'~ed oe the improvements situate on the above desuibed premises. C-Premiums on such mortgage gwranty insurance ss mortgagee shall fran time to time deem fit to carry on the loan secured hereby. Mortgagee sha11 from time to time notify mortgagor•wr.writing of tke senount due and.payable hereunt!!r and such sum shall thereupon be d~re and payable on the due date of the next monthly payment and each successive monti~ thereaffer until mortgagee shall notify mortgagw of a change in s~ch amount. Such sums shali be a~ plied by mortgagee towird the payment of real property taxes, inwrance prem~ums, and mortgage g~aranty inwrance ~ premiums. - IN WITNESS WHERfOF, the said MORTGAGOR has here~rto se and seal the day and year first a'esa' Signcd. Seakd and del'v ~a of: ~~~AND RECORDE Si. LUCtE ~OUNTY, ~ n ' ~~R~4VER~FlED } .iij ~a4 ~ 'TO JUN 8 AM ; ~ ~ ° STATE OF FLORID/l ~ couNn of ST . wCIE ROGEft r 0~ AS ~e,a,e ~ p~,~;;r ;~,,d~ I~ola Tackson' C~E~'1bcNi;~` ,~armer~ Izola Jackson Meorey~c 1~, fo me well known and known to me to be the individw~ described in and who executed the fore9oinp instrument, and atknowledyed before me that .~F~ executed tfx same for the purpases therein enpressed, ap~~ . ~ WITNESS my hand snd official seal thia_--e~- day °f- hlaV ~ A. D. 19-~Q . _ t~`_~? ~ . ~,~i~~( G~t ~ - - Npt~ry Public in and fw the. State of F{orida at lar~e Retv~n To: ' ..~~t•.:Nlftft~t~~, ,-~Y: Convniuio~ ~xpires: N O f A R y P U B U C r S T A T E O f flORIOA AT Fint Federal Savings 3 losn As~ociat~on . - LARGE Of Fort Pierce. 0 ~ p ~ ~ , ~ NN ED (TH W ~pRES SEPT. 23. 1973 Fort Pierte, Florida \ , • . . ~ . c• _ " _ _ This Instrument Prepared By John W. Co~l~~-~ ;J ~ First Federal Savings d~ Loan Association ~i~ ~ - ` ~ ~ of Fort Pierce ~ Rlozida ' ' /~i ~;''."''~r'~ t r f!113uNN,,a Checked By ~ . - BooK ~85 ~~cE 58 . . ~ . , ~ _ j. i-_ . - _ , - - _ , - - - _