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Home My WebLink About2316 To plx~ and conti~wov~ly kkp on ths Iwildioqi now a Mr~aft~r situ~t~ on s+id tand u?d on ~II equipment ~~d penanally covered by ~his mor~~ +y~, with ~II pr~mivms ~her~on paid in f~ll. fire i~uura~c~ in ~Iw usual ~~andard policy fwm, in a ~um ~pproved by the MORTGAGEE, a~d windatum iniwa?c~ in IM vswl s~andard policy fwm, in ~ tum approved by tM MORTG/1GEE, in Wch tompany o? canpa~ies ~s th~ MORTGAGEE may dirttlj and ~!1 fin u~d w;n~brorm inswanu policas on a~y of said build~rps. ~ny intt~s~t lhtrein w part Ihereof, in th~ apyregate t~m ~for~said w in ~zcw tMrwf, sMll contain th~ uswl itiodud mor~g+~e~ clau~ w i~ch oti+H claui~ u tM Nlatya~ may rpuu~, maAi~p ths loi~ uncia ss~d po1F c~es, eac6 ~od ev~ry, payabl~ ro aid MORTGAGfE as lq interes? may ~pp~ar, and each and ~vsry svch poliq ~hail be p~ompdy su:qned and delivered ~o any held by aid MORTGAGEE as furrhe~ security to s+id mat9age debt, and, not I~u tMn ten (10) dsys in sdvance of th~ expiratio~ of each policy, to da liver lo said MORTGAGEE ~ renewal thsrwf, top~thK wilh a ~eteipt For the premium of sexh rt~ewal; and there sMll be no iire or windstorm insur~nce plactd on any of s~id buildirgs, ~~y inte~yt tM+~in w pu1 thereaf, unleu in tM fwm and with ths loss payabk ss afaesaid; and in the evtnt aoy tum of mon~y becanq payaWe under wch policy a policies aid MORTGAGEE shall have ~M optip? to receive and appty tAe same on account of the indebfed- neu iecur~d hsreby or to permif said MORiGAGOR$ to ~eteiw ~nd us~ it w any part thereof for othcr purposes, wi~ho~~ ~h~+eb~ wai~i~~g or ~mpair- iny ~?y pu~ty, lien w ~ight unda a by virtw of thh mortpa9e= and i~ tM ~vent said MORTGAGORS shall for any reason fail to keep the said premisrs so insured, o~ f~il !o deliver promptty any of said policies of insurante to :aid MORTGAGfE, a fail promptly to pay fully any pre~nium therefw p i~ any ! respett tail to pKforny diuharge, execute, effect, compl~ts, comply with u+d abide by this cove~+aot, a ~ny parf hareof, ia~d MORTGAGEE may plate ~n<! p~y fa such insura~c~ a~~y part fhereof without waivinp p affacting aey option, li~n, pvity, or right under or by vi.tue of this Mortgsge, and the ~ tutt amou~t of each and ~very such payment shall b~ imrnediately dw ~nd payaWe ~nd shall bear intereat from tha date thereof until paid at ths rau ol ; nine per centum ps~ annum and together with such imere~t shall bs sec~red by the lien of this morty~e. • E i 4. To permi4 commit o~ wffa no w~ste, impairment or deterioration of said propcrty w ~~y parf fhereof. ~ 5. To pay all ~nd sinpulu the cosn, charges ~nd expe~ses, inctudinp s reasonabte attomey's fee and co~ts of abstracts oi t~tle, incw~ed w paid at ~ any time by iaid MOR1GAGfE, bscause or in the evero of the failure o~ the pa?t of the said MORTCsAGOR to duly, promptly ~nd fully pe~fwm, d~xharge, rxecute, effed, complete, comply with and ab~de by each ~nd every the stipulaliona, sgrecmeots, conditio~s, and rnvenants oi sa~d prom~ssory note and thi~ mwtyage ~ny q either. and said costs, charges and expenses. each and every, shsll be immadiauiy due and payable: whether d not t1,~e be no+ice dr mand, ~ttempt ro collect or suit pend~ng; a~d the fvll amount of each and every such payment sha{I be~~ i~terest from the date thereof vntil paid at tF~e rate of nine per ce~tum per annum; and ~II said tosts, charpes and expenses i~curred or paid, together wi?h such inlerest, shall be secu~ed by the lisn of this morfya~s. 6. ihat (a) in the event of sny breach of this Mortgsge w default on 1M part of the MORTGAGOR, w(b) in the eve+~t any of said sums of money hercin referred to be not promptly and fvlly paid within thirty (30) days nex~ after the same severatty bccome due s~ payable, withovt demand w notice, or (cj in rhe evem each and evay the stipulations, agreements, conditions ar+d cove~snti of sa;d promissory note and th~s mortgage a~y or either are nof ~uly, prompNy ar~d fully performed, d~x1»rged, executed, effetted, tompleted, complied with ar~d ab7ded by, then in e~ther o~ any wch event the said ay- gregste sum mentaned in said p~omissory note then remaining unpaid, wifF~ interest xcrued, a~d all moneys secured hereby, shall become due snd psy- able fwthwith, w thereafter, at the option of said MORTGAGEE, as fully ind completely ss if all of the wid sums of mo~ey were o.ig~nally supulsted ~ to be psid on s~th day, anylhing in ssid promissory note or in thia Mortgage to the contrary notwithstanding; and thereupon a thereafter at the option of ! said MORTGAGEE, without notice w den+~nd, wit at law ot in equity, therefwe o~ tF?ereat~er begun, may be prosecuted as if all moneys securad hereby had marured prwr to in institutioe. 7. Thaf in ths event tlut at the beginning oi or st any time pendirg ~ny suit upon this Ntortga9e, or ro foretlose it, a to reform it, w to enforce paymtnt of any daims hereunder, said MORTGAGEE shall apply to the Cou~t hsring jurisd~ction tMereof for the appo~ntment of a Receive~, suth Co~?rt shall forthwith appoiM a receiver of ssid mortgaged property all and singvlar, includ~ng all and singular the income, profits, issues and revenues irom whatever wurce derived, eath and every of whith, it beirg expreuty undersrood, ia F+ereby morrgaged as if specifically sef fwth and desuibed in the graNitg and habendum clauses I+e~eof, and such Receiver sha~l have all the broad and effective fu~ct~ons :nd powe~s in anyvrise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as ~n admittcd equity and a matter of absolute right to aaid MORTGAGEE, and without reference to the adequaty a i~adequ~cy of the valve of the propierty mortgaged or to the wtvency or insclve~cy of said MORTGAGOR w the defendants, and that such rents, profits, income, iuues and revenues ~hall be applied by svch Receiver according to the liee w eq~ity of said MORTGAGEE and the practice of such ~ Court, ' 8. To duty, P.o~r~,iy s~,d f~iy ~rrw~,, d'ncF~arge, execute, effect, complete, comply with and abide by each ~nd every the stipulations, sgreem~nts, cond~tions and mvenann in said promissory note and this mortgage set fwth. 9. That in the event tF~e ownership of the morfgsped premises, w any part thereof, beco~nes vestcd in a persun olher than tht MORT('sAGOR, ths MORTGAGEE, its successors and assiqns, may, without nWice to the MpRTGAOR, ckal with such suaessor a successor in interest with reference to thia mortgage and the de61 he.cby secured in th! same mamor as with Mortgagor without io any way vitiating a discharging the Mortgagors' liabiliry Frorr under w upon the debt her~y^secured. No sale of the premises hereby mortgaged and no fwbearsnce on the put of the MORTGAGEE w its successors or assg~s arxl no extension of the time for the payment of the debt hereby secured given by tF+e MORTGAGEE or its successors or au~gns, s.tiall operate to rclease, diuharge, modify change w affcct the original liability of the MORTGAGOR Fxrein, either in whole a in part. 10. It is specifically agreed that teme ia of the essence of this contr~ct and that no waiver of any obl~gation hcreunder q of ths oblipation sr cured heieby shall at any time tixreaf~er be held ro be a waiver of the tarms hereof or of the instrument secured herby. 11. In add'Aion to the fwego:ng monthly payments of princ"paI end inte~est requi~ed by the promissory rwte secvred hereby, mortgagor covenants and agrees to pay to mortgsgee with each monthly paynuM an addirional sum estimated by mortgagee to be equal ro 1/12 of the annua! cost of the fo!!ow- iny: A-All real properfy taxa kvied or sssessed against the above described resl estate. B-Premiums on fire and windstorm insurance as hereen requ~rej lo be carried on the improveme.~ts sitvate on the above described pre+nises_ C-Premiums on such mortgage gwranty insurance as mortgagee shall from timt ~o time deem fit to carry on the loan secured hereby. Mortgagee shall from time ro time notify mortgaqw in w?iting of fhe amount due and paysble herevnder and such sum shall thereupon be due and payable on the due date of the next monthly paymenl and each successive month thereaiter ur.til mwtgagee shalf notify mortgagor of a change in such amount. $uch sums sF.all be applied by mortgagee toward the payment of real property taxes, insunnce prem:ums, and mortgaqe guaranty inwrance premiwns. IN WITNESS WHEREOF; the said MORTGAGOR hss hereunto xt his hand and seal the ud r i. Seakd an e' ered in he P.es«~ce of: f1LE0 AMO REC~R~,g - - sT. p CER POITR~ Y +n ~ CtERK CltiCUlT C~ r • q Sg RECORD vEa1F1E0 ~n ae a . ox ~c 9 t o3 ° STATE OF FLORIDA ~o~,~ ~ St. ~~~6 } ~ 2~1893 xobert M. cox .~a ~~~@l~ t'$ • C~ fiis w;fe, to me well known a~d known ro me ro bs the Ir~d'rr~dutb dlsctibwd_ jn and who executed the forepoinQ . instrument; and acknowledged belore me that tF~ey executed the same fw the purposes rbereFr~ •~11i1• iN ~ (}I"i3@l~jg $ • r,07C ~ ~ kry~~~tpd.- w;b ~~•Ni~,,y~;~E~/•_!. RObCI'ti N• CiOZ upon a sep~rate aod privst~ ex+~IM~n aMs.~nd apan from I,er :~~d husbar?d, acknowledged to ~rx! befwe me that she execvfed s~id instrument freef~ snd volun- te~J1~;i~I. e y_ slda, eonsasint, spprehen ~ ~n.y~r~r of or from he~ s~id husband. .at- Mll~f G~~~~19ffiti~l seal thi~ day of 6CA 0 9~ _?~;w~ ~ ~~~'Iifi~Q~ - r~ ~~~..~~a.~ ~ . = s~ .~e'~~'~": e,~ ~ . ~ v1C ~Notsry Pu lic ' or the ate of t lar~e •f~I'••...~N e~``.j~: ~~brd~u^rl.. _:i~x~i F~~;-:J, 2~ ~d.~? ^ 1 ~~6 ~OM1 /~i~OCiatiOfl ri~r ?~.^..;:~.;:'i^. _ . ~ 1~ 7j ~ r~ < f - i f' 4t.~~...~`'FO[f Pieftl. ' c....7,:: 2. - . . . . fp[T ~ltfCt, f~pida This Instrume~t Prepared By ~Ch82~d K. Rgy83 First Federal Savings b loan Association of Fo~t Pierce ~ F1o~'ida Checked By Ji_ _g'_+~1 ~ p~~~~ S~101f i pa ! ~ , , : - ~ ' ~ = ~ ~.~.,~c,~ : . : ~ s . ~~i. '