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Home My WebLink About0089 To plan +nd contin~ously kkp on ~M buildinp~ now a Mr~ai~N ?itu~t~ on aaid I~nd and on ~Ii eqvipmenl ~~d perwnally covtred by thit mw1~ y~. with all pr~m~wni ~he~~on pa~d ~n full, fire insur~nu in ~M usvat sundard poliq fam, in a~um approvad by tM MORtGAGEE, and winditorm i~xanc~ i~ tM v~wl t~~eda~d pol~cy fam, In ~ ivm s~prov~d by tM MORTGAGEE, in ~ucA compa~Y p~~P+~~e~ as tl» MORTGAGEE inay d~ndt ~nd all f'u~ ~nd wi~dstam iniur~nc~ po~ici~~ o~ +ny of iaid b~ildu+ps. any inte~~s~ th~rei~ or put ~he~eol, in th~ e~yre~a+~ wm afwe~aid o~ In ~atNt Ih~r~of. sMll contaln tM uswl pandud mortpa~ c1~uH or such othe~ clavse +i tM Matya~ may req~~r~. maAinp tM tou undN ta~d pol~ <in. eath a~+d ~wry. paYabl~ to s+W 1MORTGAGEE as its inte?e~t may ~ppear. ~~d ~ach and every tvch policy sMll bt p?anpNy au.~ned ~nd delive~ed ~o any MW by sa~d MORiGAGEE u(u~tAe~ sacurity to said mon~ap~ d~b~, and, not less 1hu? ten (10) day~ i~ adva~.ce of tM eapira~ion of each policy, ~o da liwr ro ~aid MORTGAGEE • ren~wal ther~of, lopttF+K witA • rattipt fw the pnmium oi such re~ewal; and ~her• aha11 be no f~re a windstwm insu~ant~ pl~t~d on ae~y af s~id b~iWinps. any i~ter~at tMr~io ot put the~eoi, v~leu in tM fwm and with tM lo» p~yable as afaeuid: ~nd io tFw •rent ~ny tum of mwNy becan~s payabl~ w~de~ uxh polky a policies iaid MORTGAGEE ~hall Mw ~hs opt~on ro rocaive end apply ~he same on accou~t of tM indebted r?ess aturtd hNtpy a a p~tmit faid MORTGAGORS ro?eteiw ~nd uit it w any part Ihereof fw oihcr {w~{wses. .vi~lwot th:.~b~ waivi~~g w unpair inp any p~rity, (iN? w riphl unde~ or by virtu~ ot this mortpaqr, ~nd in th~ ~vent ~aid MORTGAGORS sheU (o~ any reawn fail fo keep Ihe said p~emises so insured, or /~i) to deliwr promptly ~ny of taid policies of i~~ur~nc~ to said MORTGAGEE, w fail promptly 1o pay lutly any premium tt~crefw w i~ a~y respett fail b pKiwm, diuMr~e, ~xecut~, ~ifect, compkta, comply with a~d abid~ by this tovenant, a sny par~ hareof, said MORTGAGEE may pl+ca +nd paY (or iuch liauranc~ w a~y p~rt thereof without walvinp a aff~ctGg any optioo, lit~. equity, or riyht unda a by virtw ol ~hi~ Morr9a~e, and the full amounl of tacA and ~wry such p~ym~e?t sh~ll imrnedi~tely dw and p~yabla ~nd.thall bear inleresl from the date thereof until paid ~t IM rate ot nins pa ct~tum pM annum and togethe~ witA such intcrest ihall bs secured by tM lien oi this mortyaye. 4. To pHmi1, canmA w wff~r no w~it~, Impairment a detaioratan of said property or +ny pa„ thereof. S. To pw a11 snd singut~r th~ cods, cMrpes u+c! eapenies, includinp ~ reaionable attwney i tea and costi of abstracts oi title, incu~red o~ peid at any time by said MORTGAGEE, betavse a in tM ev~nt of the fsilure on the paN of IM said MORTGAGOR to duly, promptly ind fvlly perfwm, d~uhsrg~, s:ecute, etfect, tomplete. comply with and ab~d~ by eath ~nd every ~he etip~rla~ions, agreeme~b, cond~tions, and, covenants of uid prpnissory note and this mor~yap~ ~ny w eithe?. and said cosh. cMrges and ~xperoe~. tach and every. sMll be immediately due ~nd payable: whe?her a not there be notice d~ mand, attempt to to1kN or wit p~~din9t +nd tM full anauM of each and eve~Y s~ch paymehl shall bear inrens~ from the date ehereof untit paid at the rate of nine per centwn pe? annum; and all said cos», charpes and eape~us incvrred or paid, logethe? wah such interest, :hall be secured by the ~ien of thii m«ro~y.. 6. TMt (a) in the tvent of any breach of this Mort~ap~ or default on tM part of the MORTGAGOR, w(b) i~ the evcnt any ot u~d sums of money her~in ~eferred to be not prompNy and fvlly paid wi~hin thirty (30) days ~exr aite~ the same uveratly becane due and payable, without demand w notice, or in the ewr?t exh and every tFx itipulations, ~g~tements, conditio~s and coven~nti o! s~~d promiuwy ao~e a~?d th~s mortpage any o~ either art nw ~ulY. pranptly and f~lly periwmed. dixMr9ed, executed, eifetled, completed. compl~ed with ~~d abided 'ay, then in either w any such eveM the aid ag pre9aM wm mtntaned in said promissory note then ~anaininp unpa~d, with iMeresl accrued, and all moneyt setured hereby, shall become dw and pay- sblt fathwith, 0/ fIllfN~~H. ~t the option of said MORTGAGEE, as fulty end completely as if all of the said sums of'mo~ey were pginally ~tiputated ro be paid on ivth day, anything in sa~d promissory note a in this Mortp~ge to the contrary notwithslanding: and thereupon or therealter ~t the opfion of said MORTGAGEE, without ~otice a dem+nd, suil at law w in aq~ity, thcrefore w thereaher begun, may be prosecWed as if all morxys setured hereby nad matured ptwr fo its institution. 7, That in the evcnt that at the beginoirg of w ~f any time pendin9 any wit upon thia Mwtgsge, w to foreclose it, or to retorm it, a to enfwcs paymenl of any cl~ims he+e~ende?, said MORTGAGEE shall apply to t1+e Covrt having ~urisdiction Ihereof tw ~he appoimment of a Receiver, such Cou~f sMl) forthwith appoiM a receive~ of said mortgaged property all ~nd singul~r, includ~ng all and singvlar the ~~come. {xof~ts, issues and revenues from whatever sourte desived. each and every of which, it beirg expressly understood. is hereby mortgaged as if spet~iicafly xt fath and deatribed in the grantirq ~nd hsbe~xlum clauses.hereof, and such Recsiver shall Mve all the txoad ~nd effa~ive funct~o~s and powers in anywise entrus~ed by a Court to e Receiver, and such appointment shall be mad~ by wch Court u an admitted equity ar+d a matte~ of absolute righ~ to said MORiGAGEE, ~nd without reference to Ihe adequacy o~ in~dequacy of the wlw of the prope~ty mwt~yed w to the sotvency or insolvency ol sa7d MORiGAGOR o~ the defendants, and that such rents, profits, income, iuues and revenuss shall bt applied by such Receivc~ accordiny to the lien a equity of wid MORTGAGEE and the practice of such Caxt. t . 8. To duly, promptly and fully parform, dixhar9e, execute, eftect, cp+plete, comply with •nd ab~de by each a~+d every the stipulations, agreements, conditions ard cwen~nn in said promissory nore and this mutgsge ut f«th. 9. That in the ewnt ?he ownership of the mortgs9ed premises. or any parf thereof, becom~s vested in • person other tl?an the MORTGAGOR, the ' MORTGAGEE, in succeuors and aui~ru, may, wi~hout notice to tF?e MORTt'iAOR, deal with suth succeuo~ or succe~sor i~ interest with refere~ce to this mwtgape and the debl hereby secured in the same mannet as with Mortgsgw withoW in a~y way vitiating or discharging ihe Mortgago~s' liability here- under or upon the debt I~eby secured. No sale of the premixs hereby mortgaged and no forbeararxe on the par~ of the MORTGAGEE w its successwa w assgns and no extensan of the time for tix p~yment of the debt hereby secured qiven by the A10RTGAGEE or its successors or au~ns, shall operate to rekase, dsch+r~e, modify change a sffect tF+e original liab~l~ty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that time is of the essence of this co~tract ~nd that no waiver of any obligation hereunder o~ of the obligafion st cured hereby shall st ~rry t'vne the~eafte~ be heW lo be a wairer of the te~ms hereof w of the inatrumem secured herby. 11. In add~tion to the fwego:ng monthly payments of princ"pal and interest required by the promissory note secured hereby, mortgagw covenants and agrees lo pay to mortgagee with each monthly paynunt an add~iional sum estimated by mortgagee to be equal to 1j 12 of the annual cost of the follow- A-All ?eal property ta~es (evied or assessed agaimt thc above deuribed real estate. B-Premivms on /ire and windsrorm insvrarece as here~n requ~red to be carried on the impfoveml~ts situate oo the above described premises. C-Premiums on such mortgage guara~ty iosurar~ce as mortgsgee shall from time to time deem fit to carry oa the ban secured hereby. Matgagee shall from time to time rat~fy mwtgagor ~n writing of the ar+oum due and payabk hereunder snd such wm shall thereupon be dve and ; payabk o~ tMe due date of the next monthly payment and exh svcceuive ma~th thereafter until mortgagee shall notify mortgagor of a change in s~ch ~ amount. Such sums sF:all be applied by morigsgee toward the payment of real property taxes, insurance prem:ums, and mwtgage guaranty inw~ance I premiums. IN WITNE HER , the ssid TGAGOR has her tp seal the day and ye fint aforesaid. ~ 5~9net~. delivered i presenoe of: ~'C~~~~~ . - ~ ? ` a .111C1E COtfI1TY ~ Storo ~ i ~ss CIE~C aCU1t~CQURT ? as A. , ~ ~ . , RECORD YERIFIL~O ~ ~ se+q i ness ~ ~ ~ ~M ~ r ne . ozey ~ 1 STATE OP FtORIDA 1 ~ 2C 0498 ~ ~o~~ ~ deforc me paw~ally appeared Cha1'1QS A. Stole~( and Catherine R. StOZQY his wife, to me well known snd known to me ro b~ tfie ind~ridwb described in and who ~xewted the fae9oirg instrument, and ~cknowled~ed before me that tF~ey executed the same fw tF+e pwposes r?K.~„, ~,~.~d. ~„d rt,. ,,;a Catherin~ R. Stozev .r~~e of the ssd Cf1aS1@s A. SYOt~~I upon e separate ~nd pt'rvat~ exam~tion by me taken scpante and apart from her said I~usband, ackrawkdged to and befon t she executed said instrument freely and vduo- rar~ly and w~thout u~y compubion, co~straint, ~p en 'on, o feu of or from her WITNE55 my hand and official sesl day of A. D. 19 7O ~ ~ s Public in ~~d for the State of fbrida ~t lary~ Retum Ta ~ My " ~ ~ ~ First Federal Savirys 3 losn Auociat'wn Of Fo?t P~erce. ~ • . . ~a~;t~tti~(!(;J//~~~ Fut Pierce. Fbrida ~Yr ~5 . ~f ~~ijr~~- IIOfAA'Y PUfIIC. SiAtE of flOR1DA ~t LARGQ G~~~.••••••~~~ ~J ~ MT '(r0111MISS10?J ER?InES AUG. 13. 1974 G~ ' dofW~d Br Arr~er,can rankers Insurmq Cp~ ~ 4t;• . ~ F This Instrument Prepared By John W. ColliAS ~ - P.~'.~; t- • O _ First Federal Savings b loan Association - ~ ~ : ~ q ,~V • ~ . of Fort Pierce ~ Rlozid,? g00K ~170 PAGE Ut7 t~ , O~ . • ~~r~,; ~r~,'~ Chedced By . . ~ ~ ~ ~ ~ ~ . _ _ - - - - _ . - ~ ~ Y~ ~a_ .