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Home My WebLink About1849 . 3. 7o place and continuousty keep on fhe bui'd~ngs now or hereaf~er srtuate on sa~d la~d and on alt equ~p~nem and perso~a!ly to•m~~d by ~h~: mor~g- ege, ~vith al) p~em~ums thereoo pa~d in full, lue insurance in the usval St.,:~derd polity form, in e sum a~,provrd by the MORtG.lGE~, and windstorm insurante in the usual standard pol~cy form, in a su~n approved by the MORiGAGFE, in svth tanpany or companies as ~he f.10RTGAGEE may di~ect; and aU fire and windstorm iniwance poliues on any of sa~d build.ngs, eny iroeresl therein or parl thcreof, in the ayg~~~gate aum aforesa~d or io excesi Ihereof, shall co~laln the usual s~enda~d mortgagee clause o~ wch other clause as the /~lortgagee may requ~~e, ma4big ihe loas w~Jer sa~d poli- c~es, each and eveiy, psyab~e to said h1~RiGAGEE as ~~s inte~est may appear, and each and every wch pot~cy shall tx p~ompt{y ass g~~ed and de~ivered ~o eny held by se~d MORIGAGEE as further seturity to said morigage debt, and, not less ?han ten (10) days in advance of the expiration of eath policy, to de- fver ro taid h10RTGAGEE a rcnewal thereoF, together with a receipt for Ibe pre+nium ol such renewal; and thrre shatl be no f~re o~ w~~~dsror,n insurance placed on eny of said building~, any interest therein or part lhereoF, unle:s in the form and with the loss payable as aforeiaid; and ~n the evenl any sum of money brcanea payable ~nde~ such poliq or policies said MORiGAGEE shatt have Ihe optio~ to recrive and apHly the san~e on accov~u oi the indebted• rtess secured hereby or ~o permil said MORTGAGORS to rece~ve and use it w any part the:eof ior o:ncr pur~ cscs, ~•,~rn~.,;t ih ur ~+r~~1~ o~ ~~np~~r- i~g any equ~ty, lien or right under w by virtue of thia mo:tgage; and i~ ~he event sa~d MORTGRGORS shall (or any rcaso~ fa~i to kecp ~he sa~d premises so insureJ, o~ ~ail ro detiver pror»ptly any of said pol+ties o( insurance to sa~d MQRTGAGEE, o~ fa~l promptly to pay 1~1{y any prc~n~~m ~hc~efoi or in a~~y respecf faii to per(orm, d~scharge, exrcvte, effecl, tomplete, cotnply wiih and abide by Ih~s covenaM, or any parl he~eof, sr~d MuR1GaGEE may piace a~~cf pay fo~ iuch insurance or any part thereof without waiving or a(fecting any opfion, lien, equ~ty, or right under or by vi.tue of thJs Mor~gage, and the lull anwunt of tach and every wch paymeM shall be immedietely due and payable and ahall bear interest from the dale thrrroi unril pa~d a~ the rate oi :~~ne per cent~m per annu~n and to~ether with suth inte~est shall be secured by the lien of this mottgage. 1. To permit, tommit or suffer ~o waste, impairment or deteriorat~on of sa~d property or eny part thereof. 5. To pay all and singular the costs, tharges and expenses, ~ndudino a reasonable attomey's fee and costs of abstracts of t~tle, incur.ed or pa~d at any time by said MOR(GAG:E, because w in the event of the fa~lure on the part of the ~aid MORTGAGOR to du(y, prompNy and fuily p~rfonn, d:scharge. =xecute, liled, Complete, comply wrth and ab:dt by eath and every the sfipulat~ons, agreements, cond~hons, dnd cove~~ants oF said Fro:nissury niie arnd thit morrgage any or e~rher, and sa:d costs, cha~ges and expenses, each and every, shall be immed~atety due and payabte; wherher or not thrre be nof~ce d; - mand, attempt to col~ect o~ wit pendmg; and the full amount oi each and every such payment shall i>ea. intcres~ from ~he date ~hereof un~il pa~d at the roie o+ nu~e per cemum F~rr annu:n; and atl said costs, charges and eapr:nses incwred w paid, togelher wdh such Interest, shall be sewrrd by the I~en o1 th~t rnortgage. 5. That (a) in the eveN of any breach of this Mortgage or default on tF,e part of the MORTGAGOR, or ;b) in the event any of sa'd sums of money ~ herein referred to be not promptly and fufly paid within th~rty ~30) daYS next a•r•_r the same severa!!y become due and payaWe, wi~hout demand or noxce, or ~c) in the evem each and every the stipu;aiions, agreements, cond~t~ons and covenaros of sa.d pron,isso~y note a~~d th:s mortflage any or e~~her a~e not iuly, promp~ly a~d 1~tty pe.formed, d~schar~ed. executed, effected, completrd, compl~ee! w~eh and ab~ded ~y, f!~en in e+ther w any such_ evenr the sa;d ag- gregste sum ment7oned in sa+d p~o~n;sswy note then remaininy unpa~d, with ~nterest att~ued, and a~l rn~neys securrd he~eby, shalt bccome due and pay- ab~e forthwith, or thereafter, a~ the option of sa~d MORTGAGEE, ns fuily aod completely as i1 all of the said sums of money were or~gineily st~p~;ated to be pa;d on such d:.y. anything in sa.d p~om~ssory note or in this Mo~tgaqe to the contrary nor.virhsfand,ng; and rhe~eupon or th~reatte~ at rhe opt~on of sa~d MORTGAGEE, without notice or demand, suit at law w in equity, therefore or therealter beg~n, may be prosecuted as if all muneys sewred hereby n~d matvred pno~ to ~ts institvno~i. 7. That in thc event that at the beginn~ng of or at any time pend~ng any suit upon this Morrgage, or ro forcclose i1, or to reform or to enForce paymen! of any ~ia~m: hrre~nder, said MORTGAGfE shafl apply to the Court having ~u~~sd~c~~ai thereaf for the apNO~nrmem of a Receiver, such Cour~ shail forthwith appoinl a receiver of said mortgaged ptooerty all and singular, incl~d~ng alt and s~ngu~ar tfie f~come, proids, issues and rEVe~wes from whotpver :o~rce derivtd, eacA end every o~ wh,ch, ;t bei»q expressly undersfood, is hereby morfgaged as if spec.f~cally zet fc~~h and descr~b,:d in the graMing a-~d habendum clauses i~ereof, and such Receiver shall have all fhe broad and effective funct.ons and powers in anyw~se emrusred by a Court to a Receiver, and :,ch appointment shall be made by such Court as an admitted equity and a matter of absol~re ~+gM to said MORTGAGEE, and wi:hout referencc to the adequacy or inadequacy of the val~e of the property mortgaged o. to rhe so~vency or msotvency of said MORiGAGOR or the deie~,dant:, and ~hat such renn, profits, i~come, iasues and reven~es shall be applied by such Receiver accord~ng to the lien w eqvity of said MCiRTGAGEE a~~d the pracr,ce of such Court. 8. To dufy, promptly and fully p~rfo~m, discharge, execute, effect, tompiete, comply with and abide by each and every the stipulat~ons, ag~eertients, :onditions and covenanis ~n sa~d promissory note and this mor!gage set forth. 9. That in the event the ownership of the mortgaged pren,ises. or any part thereof, 6ecomes vested in a person othe? than the A1pRiGAGQR, tha MORTGAGEE, its successors and ass~gns, may, wi~ho~t no~rce to the AtORTGAOR, deal with such successa or successor ~n interest .vrth rrfe~ence to th~s .*,o-tgage and ~he drot he.eby sec~red in the same manner as w~~h 5~1o~tgagor without in any way vitiating or d~scha~g~ng the Morcg,gers" Iiab~,ity herr ~r.der or upon the ~rbt hereby secu~ed. Mo safe of the Frernises hereby mortgaged and no forbearance on the part of the /J10RTGAGEE or its succestors er ass~g~s and no exrens~on of the nme for the paymem of the debi h^r.by secured given by the MORiGAG:`_ or ,fs successors or ass~gns, a~:all operare ~o reieese, d.scharge. modify change or alfect the o~igmal Iiau:l~ty of the (V~pRTGAGOR here~n, either in whoie or in parr. 10. It is speuficaliy agreed that t~me is of ehe esse~ce of th~s conrracr and that no waiver of eny obl~gat~on heieu~der or oi the obtigation se- c~red hereby shali at am~ time thereafter be held to be a waiver of the terms he.eof or of the instrument secured h~,by. 1 i. In add t:^~ to the forego n~ month!y payn:ants of p~inc pai and int~~es} required by the prom sscry no'e scwred hcreby, mortysg~r tovenants d agr~es to ~ay ro mo-tga9ee ~nith eacF momh:y payr ~ent an add.~~onal wm ~~s~: ~ ared by mo~tg~gee to be rq~ai to 1, 12 of the an:~~a! cost of the foiiow- A-All real property taxcs lev~ed or assessed a9ai•,st the above desaibed rral estate. B--P~crr,wr.~s on f~re and w~ndsto~m ins~racce as here~n requ;red to be tarr~ed on the ~mprovemeits s~tuate on th~~ above d_scnbed p;emises. C-Premiun~s on wch mortgage guaranty ir.surance as mo~tgagee shafl from t me to ti~ne deem fit to carry on the loan secured he~eby. Morrgagee sha f fro~n t+me to r~rr~ no•+fy morrgagcr ~n wr~t~ng of The amo_~t d~e and payable hereundrr and such svr*+ sh,;il th~•:eupon be due and c.~yable on the d~e ca!e of the neat momh:y payment and each svccessi~•e month thereaficr ur,til mertgagee shall nor~fy mortyagor ot a change in wch a~ ount. Such wms sha l be app;~ed by mo~tgagee toward the paymero of rea( property taxes, i~svrance prem.ums, a:~d rnu»gage gua•anty ensu~ante n•emiumi. IN \'~ITNE55 ':~HcREOF. ihe said MORTGAGCR has hereunto set his har.d and seal the day and year fust aforesa~d. Signed, Sealed a~d delivered in the presence of: n ~ ~ . ~ - (Seel) i' . ~ , ~Seal) ~ - lSeaq (Seal) S~ASE OF FLORI~A ~ Lucie u~ ~ou~rr oF St. ~ Before me personally appeared J• w• C02'~n f Sr. and _ CO~ hls w~te, to me wefl known and known to me to be thr irrdividuais destribed in and wi~o exetuted the foregoing instrument, and acknowledged before me that they executed the same for the purposes ~herein sxp+essed. And the said ~'I71~$ Ci02'N~11 ++~{e of the said _ J• W~ C'02~T~nf Sr• ' upon a separate and priwte e.am~nat~on by me take~ teparate and apart from her said huaband, acknowledged to and "nefore me that she ezecused said instru~nent freety and vo~un- rar~ly and w~th~ut any compulsion, consnaint, apprehens~on, .or fear of or from h~r uid husband. - WITNESS my hand and official ual this,~~ day of_ ~t0~@r A. D. 19 70 - l -LLl.-t-1~--(Cr _ - - Notary Public in and for the State of Ftorida at larfle Rerurn To: _ ,~~~~~~p~~~~ My Comm~ssion expires: First Feder~l Sa~~nga b loan Astociet~on ~,~~~~~.•~f`„b.`~; NO1AR( PU3LIC~ STAiE OF fLORidI{ AT lAR6E . ! p?~~~~~~ a` MY COMMISSION EXPIRE3 SEPT. Of fort V.erce. . ~ ~ , - eoHaEU n+~u Fw~ aESr i~ ~ ~ ^ ~ FOrT Vierce. Flor~da ~?¢'~r; J ~~j~~ ? Q; c~ : FlLEO AND RECOROEt1~ i._',:?`J 's ST, I.UCIC COUNTY, FtA:~ ` ~ ~,jo ~ : c-I~:coRr ~~~~~Fa This Instrument Prepared By Jp~ . ' ~ ~t,'~(~~i First Federal Savings 8 loan Association Q'~ of Fort Pierce ~ Florida ~ QC ~ 2 F 1 N ~ 2 ~ ~ 9 ll,:.: ~ , ~[zd.- ; . :R ~.~~~iuau~? Checkeci By ~J _ . • ~ «OGER . RAS B~x~~~ CLERK CfRCU1T COURT? p$ ~.~w , ~ - - - ~nib ~iX~R.~Y.i ~~.lt~ i z :.L~e~ . Y+J .'s~i"~:~4 1 x' _