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Home My WebLink About0263 3. TO plx~ ~nd continuously keep a? tM buildinqs naw a hereaftk situa~~ on sa~d I~nd ~~?d on all equipme~t ~nd person~lly cove~cd by Ihi~ monq~ p~, w~th all premiunu thereon pa~d in full, tire ir.surance ~M usuat sundard poiKy form, in • s~m spproved by the MORIGAGEE, snd wind~tpm in:wu~c~ In tM wwl a~andard pol~cy fam~ in • sum approved by tM MORTGAGEE, i~ svch company or companiei as ~he MORTGAGEE may direclr ae+d ~11 ti~e ~nd w~nds~orm insurai+ct polKies on any of ~aid build~np~. any int~.~~~ the~ein or part Ihe~eof, in ~M aQyre9a?e ium aforesaid o~ in ~xc~ss therwf, thall con~ain ~Fw us~al standard monyey~e clauK o? such o~Mr claus~ as tM Mortpaaee may ~eq~~re, mak~nq tM Io~~ unda sa~d pol{~ cies, e+cA ~nd ~v~ry, payabl~ ~o s+id MORTGAGEE ~s iti intareit may ~ppear, u+d each and ~ve?y ~uch policy shail be promptty ~ss.yncd and de~ivered ~o any held by said MORiGAGEE as fu~ther tecurity to said mor~ya9e debt, ~nd, not iess tM~ ten (10) deys in advance o( ths expi~atia? o! each policy, to dr IivN to said N10R1GAGEE a r~newal tMreof, lo9ethK with • receipl for 1he p~cmium of such ~eoewal; ar+d ~here thall be no f~re o~ windsto~m insurance pl~ctd o~ ~ny of s~id buildin~~, any interett therein a p~~t the~eof, vnless in th~ fwm u~d with t1+~ loss payabl~ at aforesaid; u+d in the evsnt. any sum of mor»y becomes payabl~ undtr tuch policy o~ policiss said MORTGAGEE shall Mw tM option to receive and apply Ihe same on account ot the i~dabfed- Mu secured hNeby a ro pe+mit said MORTGAGORS to ~eteiw ~nd uN it Or ~ny part Ihereof fw oihc~ pu~poses, wi~hout th_reo! waivi~ig or ~mpair in9 a~y pv~y, lien a right unda~ or by vi~tw oi this mwtqa9e; +~d in tM ~vent s+td MORTGAGORS shall fw any rcason fail to keep the sa;d premius w insurcd, w fail b deliver promptly any of said polities of insurance to said MORTGAGEE, or fail promptly fo pay iutly a~y pre~nium the~efw p in ~ny respett fail b pKfwm, dixharge, execute, effacl, complete, tomply wi~h snd ~bids by this mvenan?, a any part hr~eof, said MORTGAGEf may plate snd pay (w such &avranct or ~ny pan thereof without waivinp a affectinp ~ny option, lien, equiq, a right under w by virtue of -this Mwtgsqe, and the tull amovnt of each and ev~ry such paym~nt shall be immedistely due and payable and shall bsar i~terest f~am ths date thereof v~til paid at the rare o1 nine pe? ce~tum per annvm and to~e~her with such intc~est shaU be secured by the lien of this mortyage. . 1. To pe~mit, commit w ~uffer no waste, impairment or deterioration of said property or ~ny part thereof. S. To pay atl and ~rgula the cosb, charges and expsnses, includi~g a reawn~ble muney's fee and costs of abstract~ of title, inc~rred or psid at sny time by ssid MORTGAGfE, betause a in the event of the failure on the parl of the iaid MpRTGAGOR to duly, promptly and futly perform, diuharqe. execute, etfect, complete, comply with and ab~de by each and every tlx sripularions, agreements, cond~tio,u, and covenams of sa~d promiswry note and ~hii matgaye any or ei~her. ~nd sa~d costs, charyes and expenses, cach and every, shall be immediately due and payable: wl?ether w not there be notice dr msnd, attempt to colled w suit pend~ng; and the full amount of ~ach and every such paymem shall bea. interos~ from the date theieot until paid a! tMe rate oF nine pe~ centum per an,wm; and aU uid tosts, charges and expenses incurred or paid, together w~th such interest, shall be secured by the lien oi this mortyaps. 6. That (a) in the event of any bresch of this Mwtgage w defaull on the part of the MORTGAGOR, w(b) ;n the evcnt a~y of satd sums of money herein rcferrcd to be not promptly artd fully paid within thiity (30) days next af~e? the same seve?ally betome due and payabfe, wi~hou~ demand w oo~ice, or in Ihe event each and ewry the stiputatio~s, agreements, conditions and covenants of sa~d p?omiswry note and th~s mortgage any pr either are o01 iuly, promptly and iully perfwmed. dischuged. executed. eHec/ed, canpfeted, complled with and abided by, fhen in eilher or any such event the said ag gregate wm rrKntaned in said promissory note the~ remaininy unpaid, with interest acc~ued, and all moneyt srcured hcreby, shall become due a~d p~y~ able fathwith, Of fACEN~fN~ ~t the option of iaid MORTGAGEE, as fully and completely as if all of the said sums o( money were originally atipulated ro be paid o~ such day, anythir~y ir~ sa;d promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereaiter a~ the op~ion of iaid MORTGAGEE, without notice or demand, suit at law or in equity, therofwe w?hercafte? begun, may be prosecuted as if all mw~eys secured hereby had rt?iturcd pnor to its instifution. 7. That i~ fhe event thaf at the beginning of a at any fime pending any suit upon this Mortgsge, or to fweclose it, or to ~eform it, or fo enface payment of any claims herev~der, said MORTGAGEE sh~U ~pply to the Court having jurisdiction thereof fw the appointment of • Receiver, such Court shall forthwith appoint s receiver of said mortgaged proQerty all and sin9~lar, inctud~ng all and singular the irtcome, prof;rs, issues and ?evenuei irom whatever wures derived, each and every of which, it being expressly untl~rstood, is heteby mortgaged u if specifically sN iwth and desttibed in tF?e granfing and " habendum clauses FKreof, and such.Receiver shall Mve ~II the broad and eifective funawns and powe~s i~ anywise entrustrd by a Court io a Receiver,.and such appointment sha)1 be made by wch Court u an admitted eqvity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or insdequacy of the wlu~ of the property mortgsged or to the solvency or insolvency of iaid N1pRTGAGOR a the dcfe.~dants, and that such rems, profits, mcome, iswes ~nd revenues shafl be apptied by suth Receiva sccordir?p to the lien or squiry of said MORiGAGEE and the practice of wch CouA. 8. To duly, promptly and fulfy perform, discharge, execute, effed, eomQlete, comply wifh and ~bide by each and every tlx stipulations, agreements, conditwns and covenants in said promissory note ar?d this mo?tgage set fwth. ~ 9. That in the evenf the ownenhip of the mwtgaged premises, or any part fhereof, becomes yested in a penon other thsn the MORTGAGOR, the f MORTGAGEE, its successas and assigns, may, w;tMout notice fo the MORTGAOR, deal with such succtua a successor in interest with referente to this matgage and the debt hereby sec~red in the same manne~ as with Mortgagor withovt in any way vitiating or dixharging the Martgagors' liability herr unde? a upor? the debt Meraby secured. No wle of the premisrs hereby mortgaged and ~o forbearance on the part of the MORTGAGEE w its successors or augns and no extension of the time for tFK paymem of the debt hereby secured given by the MORTGAGE' or iti auccessors w assigns, stull operate to rekase, discharge, modify change or affect ths orig+nal liability of the MORTGAGOR herein, either in whole or in part. t0. It is speciiically ag?eed N~a1 time is of the esssnce of this contrad and that no waiver of any obligatioo hereunder or of the obligation sr cvred hereby shall st any time thereafter be held to be a waiver of the terms hereof w of the ir?ttwment secured herby, 11. In add~tiow to the forego:ng monthly payments of prin~ pal snd interest required b~r the promissory note secured hereby, mortgagar covenanta and agrees to pay to mwtgagee with each monthly payment an addiriona! sum estimated by mortgagee to be equa! to 1/12 of the annual cost of the fol{ow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Piemiums on fire an~ windstorm insurance as herein requ~red to be carried o~ the improvemenls sitvate on the above descr'bed premises_ C-Premivms on wch mortgage qvaranty ireswar,ce as mortgagee sFwll trom t;me to time deem fit ro carry on the loan secured hereby. Mortgagee shall from time to time notify mwegagor in writing of the amouM due and payabk hereunder and such wm shall thereupon be due and payable on the due date of ~he ~ext monthly payment and each successive mo~th thcreafter urtil mortgsgee sFwfl notify mongagw of a change in such amount_ Such sums shall be applied by mutgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranty i~surance premivms. . IN WITNESS WHEREOF, tF~e said MORTGAGOR has hereunto set his 6and and seal the day and year first sfwesaid. w~e of~ F Lf 0 AMD iiECOR E i~.~UCIE COUMIY~ , - ROQER P01?ltAB q , , GLERK CIRCUIT C01! ,n f RECORO YERIFIEO ~ ~ ~ csNn N~w 6 3 ~2 PM']0 ---.-,,~-n STATE OF FLORIDA ~ • COUNiY Of `Sti. Ti1LC~e Befwe me personally appeared ~Y L• ~S~IBT s~ ~18 L. ~8}1@T his wife, to me well. ~o~own ~pi~ to me to bs the individwls described io and who executed the fore~oirg instrument, and ackrwwtedged before me that they e~Cb~{(,~" . tlie purposes rherein expressed. Md the sa' ~I18 Ti. ~SilAY' . -~--:Y ~~t : ~ a` ~ 's.... ~ ~ ' ~..~;,,I:_ i W ~re of rhe ,,;d R~a1r L. Fishe r ~ ~~~~.t. exam~nstion by me taken separste and apan from he~ said husbsnd, ~dubwledged to and before m~ tlwf she e_ ss~d_ ar~l w{un. ~ tarily and without sny compuls"ron, constreint, appreh~ s~`or fear of w from her aid husb~nd. = WITNESS my hand srd official seal thia ~e LL day of ~Ye~~91" - yj,, Q~'~~~_ . ~ ~ , • w, - Notary Public in ~~d f"y ,qIE Raturn To: My Commiuion exp'uesi•.. ~i _ Fint Federal Savings ~ loan Associstion ~~F~~ it Of F6rt P~erce. ~ ~n Fart Pierte. F!o?ida ~ ~ ~ a ~ RfCE^'*1 S_~ _~N PllrliEf{r OF TAKE$ t~•~ "Lt;S •C~ ~_~jIT~;BLE FER This InsTrument Prepared 8y R3Ch8t~d ~C. R8y@8 P,,, rj,~r~_~ ` SCN.~L PROPERn First Federal Savings b Loan Association ? , AGts OF 1941, of Fort Pierce ~ Flo2~idg ~ C~e:k Cir~uif CouR ~ ; - ! ~,r C',:f~L N. ~~NCWIES, 1R ~ Checked By ~1 C~ Iax tlectur F ao~1~$ ~ 2~3 ` ~ ~ _ , ~K ~ ~ _ ~ : ~~a.~~~~'~. . ' = ~ ~ . , _ . ~