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Home My WebLink About0879 To plac~ and contin~ou~~y k~~p on tl?~ buildinpf now o~ INfNfiN ~i1WN OII 11~ I~nfl ~nd Ol1 ~lI Oqulpmfnl ~rKI pf~lW~~Ily covered by 1hi~ mor~9- . p~, with ~i) pr~mi~mt IM~eo~ p+~d i~ full, fir~ in~ur~nc~ in tM ufval siandard poiicy form, M a tum approv~d by Ihs MOR~GAGEE, •nd winchtwm ku~r~nc~ in tM ~nwl ~eu~dard pol~cy fam, in + ium ~pprovsd by ~M MORTGAGEE, in ~uch company a co+npan~~a u rM MORIGAGEE ~nay dindj ae~d dl f1~~ ~nd wind~torm inwr~nc~ policw~ a+ any oi a~d lwild~np~, any int~rat Ihatin oI part tF~arao(, in Ilw ay9~eqat~ tum ~fpesaid w In ~xe~a thenof, ~hall cont~in IM viwl st~ndard mortqpee ciau~~ a~uch o~Mr cl~uw ai tM Matpwe~ may ~puu~. me?inp ~h~ bu undN a~d po1F ci~b ~ach ~nd ~vay. paY~bl~ ro iaid MORTGAGEE• ~s its i~tH~i~ nuy ~ppea~, ancl each and ev~ry i~ch policy ~h~il b~ promptly ~u pned ~nd delivered to ~ny Mld by said MORTGAGEE ~s fv~~he~ saurity lo aid mor~pa~~ debt, +nd, nor I.u ~han a~ (10) days in •dv~c• of ~M •xpir•~ion of each poucy, ro da IivN ro aid MORTGAGEE a rtn~wal tMr~of, lop~thK with a ret~ipt fw the pr~miwn o1 iuth renewalj and there shall Di ra fin a wind~~am inwranc~ plat~d o~ ~ny of t~id b~ildinqs, ~ny inter~st tFwr~in or pu1 tMnof, unl~a in tM fo~m ~nd with tM lou paYable as afa~iaidr +~d in th~ ~v~nt ~ny wm of mp»y b~com~a payabl~ unda wch polky w policiN s+id MORIGAGEE shalt Mw tM option ro nc~iw a~ ~pply ih0 Hm! 0~1 KCOUM OI iM ir+d~b~ed- Mu s~cw~d hK~bp O~ b pKmH ~aid MORTGAGORS ro r~piw ~nd uN it a any part thereof fo~ othe~ pu.poses, without ~h:reb/ waivi~~g a~mpair ieg any puity, li~n oi ripht u~dN or by vlrtw of this mort~apr, a+~d in th~ ~wnt a+id MORTGAGORS shell fa any reawn f~il ro ke~p ~ht s+id p~~mises so insv~ed, or f~il /o deliv~r promptly any of said policiea of i~surant~ 1o said MORTGAGEE, or fail promptly to pay fully any premium there}o~ w in any nsped fail b patwm, di~cM~y~, ~xacut~, ~ff~c~, compte~~, comply wi~h ~nd •bide by ~his coven.n~, or a~y pa~~ her~of, said MORiGAGEE m~y p~~ce •~d paY fa wch Inwr~nc~ w any parf tht~eof without w+ivinp w affectinp ~ny option, li~~, equity, o~ ~1ght w:da w by virtw ol ~his Matpa~. and tfie full amouM of ~ach and tvery wch paym~nt th+ll b~ immediaroly dw ~nd p+yaL4 and ~h+ll be~r interes~ irom tM daU therco! uneil paid a~ tM r~t~ ol nirr pa ca+tum pN annum ~~d topethe~ with such Inte.est shall ba securcd by tM lie~ of thi~ maty~ye. To pumit, eommit ar suif~r no w~st~, impairment w deteraratio~ oi said propaty o~ a~y p~h thereof. S. To pay all u+d sinpulu the cwts, cha~ye~ u+d ~:pa+se~, includiny + reasonable attwney's fee and costs oF ~bstracts of title, incurred w paid a~ any time by said MORTGA6EE, b~cause w in tht tvem of the failure o~ the p+rt of tM said MORTGAG~R to duly, p.anptly ~nd fully perform, d~xharg~, •aecute. effed, complete. comply with u+d ab;d~ by ~ach a~d every the stipulations, ayreeaunts, conditana, and covena~ts oi said promissory ~ole and ~h~s mort~sye any a e~~her. +nd iaid costs, cMryes and expe~uss. each ~nd every. sMll b~ immediately due and payable: whether a no~ thcre be norice da mand, attempt ~o collect w s~it pend~rg; and tl+s f~ll amo~M of sach and every s~rch p~yment shalt bsa? inrerea~ from ~he date thereot unril pa~d ~t th~ rate o1 nine pe~ tentum per annum; and all iaid costs, thar9es and expenses 'rncurred o~ paid, together with iuth interesl, shall be secured by 1he lien of thi~ morf~ap~- 6. That in the event of ~ny breach of this Morty+p~ w defsult on tAe pan of the MORTGAGOR, or (b) in the evcnt my of said sums of mon~y F~erein ~ete+red to bs ~ot promptly and fully psid within thirty (30) days next afta ths sx~+e severalty become due ~++d p+yabk, withoW demand a notice, o~ in tM ew~t each and eve~y the stipulatiw?s, a9reemeMS, cw~ditions and covenants of sa:d promiuory ~ote arsd th~s morty~age any p either are nol iuly. prompHy snd fully perfwmed. d~scFwrged. executed. ~ffected. completed. complrcd w~th and ~bided by. the~ i~? e~tFKr a any svch event the sa~d a~ greyat~ sum metnaned in ssid p?omiuwy nots thtn ranainirg v~paid, with interest ~cuued, a~d all moaeys secured hereby, shall betome dus and pay- abk fwthwith, or 1MltN{tN. at tM option of s+id MORTGAGEE, ~s fully and complstety as if all of thc wid sums of money were aginally st~pvlated ro bs paid on such day. anythin~ in sa~d promiuory note or in this Mortgage ~o the contrary ratwithatuwding: and ~F+ercupon or thereafter af the op~ion of said MORTGAGEE, without notice or dem+nd, suit at law or in pvity, therefore w thereafte~ bepun, may be prosecuted ~s if all n?w~eys secured hereby had matwed prar to its i~utitu~ion. . 7. Thst in IM evant lhat at the beginni~g of w at sny time pending any suit upon thii Mwtga~e, or ro forecbse, it, or to ~efwm it, or to enforc~ psymcnt of a~y claims he?eunder, s+id MORTGAGEE shall apply to the Cou~t having jur~sdiction thereof for the appantmcnt oE a Receiver, such Carrt shall fwthwitA ~ppant a~eceiwr of said mwtgaged property al~ and sirgular, includ~ng alt and singutar the income, profits, issues snd revenues from whataver sowce da~ired, each and every of which, it bein~ expressly understood, is hereby mortgaged u if apeufically set fath and desuibed in tAe ~r~nring and habendum davtes hereof, and such Receiver shall Mve ~II ths broad ~nd tffettivs fund~ons and powers i~ anywise entrusted by ~ Covrt to a Receiver, ~nd tuch sppointment ihall be mad~ by such Court as sn admitted equity and a m+ne~ of absolute ~igM lo said MORIGAGEE, and without reference to the ~deq~~cy o? inadequacy of the wlw of the property mongaged or to the wnrency or insolvency ot sdd AM1ORTGAGOR a the defendants, end that iuch renn, profits, income, isaues and revenuea sh~Il b~ applied by such Receiver acc«d~ny ~o ~h. lien or eqv~ry of said MORTGAGEE and the pradice o( s~ch CaKt. 8. To duly, promptly and fullp perform, d'ixhupe, execute, effect, complete, comply with and abids by each and every the stipulatians, ~g~eemcnts, • conditioro ~nd covenaros in sad promissory note u~d tha mortgsge set fwth. 9. That in the eveiet th~ ownership of ths mortgaped premises, or any part thereof, becanes wsted k? ~ perwn other th~e the MORTGAGOR, t!» 1NORTGqGFE, its succeuors ~nd usigrn, may, without notice to the ~hORTGAOR, deal with such wccessa w successor in interest with refNence to tha mortyaye and the debt hereby secwed in th~ same manne~ as wifh Mortgagor without en any. way vitiatinp or dixF?irging the Matgagors' liability hcrr under or upon the debt lxreby secured. No sale of the premixs hereby mortgaged and no forbearence on the pan of ?he MORTGAGEE or its successors w ~uigro and no eatrnsion of the time for tl+e payment of the debt hereby securcd y~vcn by the MORTGAC,Ef or its iuccessors or assigns, shall operat~ to rekase, d~schar~e, modify change w affect the aiginal liability of the MORTGAGOR here'u?, eitl~er in whole or in.pa.t. 10. It is specifically agreed that time _is of the euence of this contract and thst no waiver of any obligation hereunder a of the obligatan sr cwed hereby shall at any time thereafter ba held to be a waiver of the terms hcreof w of the instrument secured herby. I1. 1~ add~tio:+ to the faego:ng monthly paymeMS of princ'psl and interest required by' the ptomissory note secured hereby, mortgsgw covenants aod agrees fo pay to mo:tgagee with each monthly payment an addi~ional sum estimated by mortgagee to be eqval to 1%12 of the annual cost of the foflow- '^9: - A-All real property taxes kvied or auessed agai~st the above desvibed real esrate. . B-Prem~ums on fire and windstorm inwrance as herein requ:~ed to be carried on the improvements sitvate on the above desc~~bed premises. C-Premiums on such mortgage gwrsnty insurance as mortgagee shall (rom t~me ro time deem fit to carry on the loan secured Fxreby. Mwtgagee shall from time ro time notify mortgagw in writing of the amo~nt due and payabk hereunder ~ndiuch sum shaU thereupon.be due and - ~ payabk on the due date of the next monthly psymeM a~d each successive month thereafter urtil mwtgsgee shall ~ot~fy mortgagor of a change in such ~ amount. Such sums sF.atl be applied by mwtgsgce tow~rd the payment of real property taxat, inwrance p~em:ums, snd mortgaye guaranty insurante ~ premiums. . IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a fint oresaid. i ndl. Seakd and livered in the presence of: ~ n v ~ STATE OF F10RIDA - ~ _ ~pV~y pp St . Ll1Cle ~ _ defo~e me perso~ally-appearcd John H. Dierker ,~a Agnes M. Dierker ~ ha wife, to me .w~ell known'md'~Cfi~jMn b er» to b~ the iridividwb described in ~nd who executed the fora9oiny inswment, arid scknowledged before me that theY ~e~ecyt~dlFM~~ni 'fb?, tM purposes ~.~n .~.~d. a~a rn. Aanes M. Di erker • : . ' ' _ r - ; _ - w;ie o~ ~r~. „~d John H. Dierker "~,~r~: h~na P:ww examination by me taken sepsrate and apart from her said husband, adcnowledped to ~nd beforo m~ that sM exeNj~~~t~ealy_and vohrn~ hrily and withovt ~ny compvlsion, constraiM. ~pprehension, or fesr-of or from her said huaband. ~ - WITNESS my hsnd ~nd official ssal this ~~th ' day of HOVeil~el~ J` 19-~- . . ~ ' • • ~ - ~ Notsry Public in and for iF» St~t ida at lar~ My ~ ~s'~~ ~ • . ~t 1atN ~ - Retwn Ta ~ ~n . first F~dnal Ssvirgs 6 I.oan /lswtiation ~(~s10~~ a~~~ y , Of Fort P~erce. M f~ ~ Fon Pierce, florida , ~O ~E~ , ~rO~jQiy • E ~~.7 /8 iT.INC t QOUN~R~~ ROCER pp~tR This Instrument Prepared By M?o• B• ~ ~«R~ C~RCUIt ~qMt First Federal Savings & loan Association ~l~~Rp y~~~~~~0`~ . of Fort Pierce , Rlorida ~ 49 Checked By . ~ , , `.~°~-L= ~ ~ ( aooK188 ~ 87~ ~ _ . . . ~ i , . ~ `r~ ~ ~ - - - _ ~ _.~,~~.,r;~ - '~~MZ ~.u ~