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Home My WebLink About2318 To ptac~ ~nd contirwov~ly ke~? an tiw buildinps now a!»r~~ftN situst~ on t~~d land ~nd on all eq~~pme~t ~nd p~.sonally covered by ihii mwty~ p~. with al) pr~mium~ lhereon paid in full, tir~ insuranc~ ie ~ht uswt itandard politY form. ii1 • zum approvsd by tM MORfGAGEE. and windteam inwr~nc~ i~ tM ~fwl ~~arKlard pol~cy (am, in • ~um approv~d by rM MORTGAGEE, In such company w compani~s ~s ~h~ MORIGA('sEE may di~~cq ~nd all iir~ ~nd w~nrbarn+ inwranp polici~s oa any o( aid bvild~nps, ~ny iot~r~~t tMr~in o~ pa~t thereol, ie t!w a~repa~~ su~n afan~id w In ~ac~ss ~her~oi, sh~ll contain ~M uswl i~andud mw~y+~ dw~ a such o~Mr ctaus~ ~s Ihs Matyays~ may .eqvu~. makinp tl?~ bu undN ~a~d polE ci„, each ~nd ~vKy, payable to aid MORTGAGEE u i?s im~rat may ~pp~+?. ~~d exh and ~wry iuch policy shall be p~omptty au qned and d~livKad ~o ~~y held by ~aid MORiGACsEE af t~nhe~ security to ~aid mortyap~ dcbt, u+d, ~ot I~s~ IMn te~ (10) d~~is i~ advante ot tl+~ ~xpi~ation of e+ch policy, ro da IivK to iaid MORTGAGEE • r~w~l ih~rWf, top~rhN with a retsipt fw tAe ptmiwn of suth ren~wal; and ~her• sFwll b~ no fire w windi~wm iniu?ant~ pl~ttd on any of s~id lwildinps. ~ny intereit 1hN~in w p~rt theraof. w+less in tFN fwm and with ~h~ los~ payabl~ ~s stw~uid: ~~+d i~ tht ~vent anr twn of mon~y betomes pay+bl~ undK such polity p policies ~id MORTGAGEE shall h~w tht optio~ ro rcceiva and apply tAe same on acco~n~ o( ~M indebted~ nrss s~cv~td Iwreby or to p~rmil ~aid MORTGAGORS ro nteiw ~nd vu it a any part thereof fa othcr purposes, v.~~hout thateui wai~ing o~ unpai~• inq a~y pvity, li~r? or ri~h~ unde~ or by vi~1w of fl+is mort9ap~: snd in tFN ~venf sa~d MORTGAGORS ~hatl fa a~y reeson (ail to keep ~he said p+emise~ w insu~ed, a f~il b d~liver p~omptly any of said policie~ of imu~~nc~ to said MORTGAGEE, a fail promptly to pay futly any pre~n~um ~huefo~ o. in any resFect fail b pK(oree?, diuAarqe,.~xecuq, ~ffect, complNS. comply with and ~bide by this covenant, a ~~y parl he~wf, u~d MORIGAGEE may place an~i pay fw iuch inw~anc~ w any pa„ tl?Keof without waivinp or aff~ctieg any option, lien. eqv~ty, or ?~ght under a by vi~tw of ~his Mat~sqe, ~nd ihe fvll amou~t of each ~r+d ~vKy ~uch paym~eN ihall be imrn~diat~ly dw aod payabls ~nd tFull bsu inrereit from ths dat~ thereof un?il paid at tM ~ate ol nine per cenWm pa ~r~wm and together with u?ch interest ~hatl be iecured by IM fi~n of this mort9age. 1. To pKmit, commit or suffar ao wut~. Impairme~t or deterioratan of s~id propKty a~ny pa~t thereof. 5. To pay all ~nd sinq~lsr tM cwb, charpa u+d expenses, i~ludin9 a reasonable attansy's fee and coita of abstracts ot titte, incvr?ed o~ paid at any tims by said MORTGAGEE, beca~ne w in the event of the t~ilure on ~he p~rt of tM said MORTGAGOR to duly, promptly and fully perform, d~xharge, ~ execute, effect, comptete, comply with and ~b+de by each ~nd every the itipulat~ona, +~reemenn, condirior~s, u+d covenants of sa7d promissory note and this matpape ~ny a ei~her. and sa~d co~tt, cMrQes and expensss, each snd every. sMll be immadiatety dw ~nd payable; whether p not the~e be no~ice ds mand, anempt to colkct a suit pend~n~s u~d tM full amovm of ~sch and eve~y such paymem shall bea. iroerett from the dst~ thereol untii p~id ~t M+e rate of nine per centum per aruwm; and all said coats, cAaryes ~nd ezpense~ ioturrad w paid, ~ogether w~tA such inserest, shall be secured by the lien of this mortpa~~. - 6. That (a) in the event of any brexh of this Mortyepe w def~ull on the p~?t of tha MORTGAGOR, or (b) in the event a~y oi sa:d avma of mo~ey herein referr~d to be not promptly and fully paid within thirty (30) d+ys ~ext afrer the wme serera!!y become due and payable, without demand w notice. or in tM event each and every the stipulatio~s, ~reertKrot, condirions and cove~+nb of sa~d promissory note a~d th~s mortgage any a either are not ~uly, promplly ~nd (ully perfwmed, d~scharged, executed, ~ifected, completed, complied with snd sb+ded by, then in e~thrr or a~y ivch eveM Ihs said ~g gregaro wm mtntioned in said p~omiuo~y note tFKn remsining unpaid, wi~h interest accrued, a~d all moneri secured hereby, sha!! become dw snd pay- able forthwith, or thereafte+. ~t t!w option of said MORTGAGEE, u fully ~nd completely as if all of the said sums of money were ag~nally s~ipulated to be paid on suth day, anything in said p~omiuory note or in this Mwtgaqe to the conlaary notw;thstsnding; and fherevpon a thereafte~ at the option of sa;d MORTGAGEE, without notice w tlemand, suit at law w in puity, thereFwe w thereafter begun, may be prosecuted ss if all moneys setured hereby had mawred prar to ib inttitutan. 7. 7hat in tF~e event tF?~t at the btginni~+y of or ~t ~ny tims pending any svit vpo~ 1hi~ 1Mwtgage, or ro faeclose it, w to refwm it, w to enfwc~ payment of any claims hereunder, s~id MORTGAGEE sAalt apply ~o the Coun having jur~sd~cuon thereof for the appo:n~mem of a Rece~ver, such Co~rt shsil forthwith ~ppoint a receiver of said mwtgaged property all s~d sinyular, inclvd~ng all and singulu the income, prof~ts, iuues and revenues trom whatever wurce derived, each and erery of which, it beinQ exp?essly unders~ood, is hereby mortgaged u if ~pec~fically set fa~h and desuibed in the gr~nting and habendwn clauses hereof, and s~rc1+ Receiver shaU h~w ~II ~he brosd and effective funct~ons and powe~s in ~nywise entruated by a Court to + Receiver, and such sppointmcnt shall be made by wch Covrt u an idmitted eqvity and a matter of absolute riyhl to s+id MORTGAGfE, and without reference 1o fhe ndequscy or inadequacy of the valve oi the property mortgaged w to the solvency or inwlvency of said N10RTGAGOR w the defendann, and that such renrs, prof~a, i~+come, iuues and revenves ahal) be applied by such Receiver accordiny to ths lien or equity of said MORTGAGEF and the practice of such CouA. 8. To duly, promptly and fvlly pNiam, discharge, execute, effect, complete, comply with a~d ~bide by each ~nd every the stipulations, agreements, conditions and corenants in sa~d promissory note and this mortgage set fw~h. 9. That in the event the ownership of the mortgaged prcmises. or any part thereof, becomes vested in ~ penon other tha~ the AAORTGIlGOR, the MORTGAGFE, iri successors and usigns, may, without notite to the MORTGAOR, deal w~th such wocessot or successor in interest with reter~nce to this mortgage and the dc6t hereby setvred in the sarne maro~e~ as with Nbrtgagw without in sny way vitiati~g p distharging the Mortgagors' liability herr under w upw~ the debt hercby setured. No sale of the Fremius htreby mwtgaged and no forbearance on the paN of ~he MORTGAGEE a its succeuors or auigns and ra exrens~on of the time iw"the psyment of the deb~ hereby secured given by the MORiGAGEE oc its ivccessors w au~gns, ~hall operate to rNease, d~xhuye, modify change or affect the wig~nal liabiliry of the MORTGAGOR herein, either in whole or iri pa.r. 10. It is spec~fical(y agreed th~t time is ot the es~ence of this contract and that no waivp of any obligstion hereunclet or of the obligation se- ~ cured hereby shall at any time thereafta be held to be a waiver of tl~e terms hereof or of the instrunxnt secured herby. 11. In add~tio:? to tF+e fprego:ng mo~thly payments of princ'pat and intercst required by lhe prom~ssory nore secured hereby, mortgagor covenants and ~grees to pay to mortgagee with each mwuhly payment an ~dd~rional sum estimated by mOrtgagee to be equal to 1/ 12 of the annual cost of the follow- . A-A~I real property taxes kvied a asscssed against the above deuribed real estate_ B-Premiums on fire and windstwm i~swance as herein requ~red to be carried on the improvemewts tituate oo the above described premises. C-Premiums on such mortgage gwranty insurance as mwtgagee shatl irom time to time deem fit to tarty on the loan setu~ed hereby. Mortgagee shall from tirv~e to time ~otify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each succeuive mo~th thereaiter urtil mortgsgee shall notify mortgagor of a_change in such amount. Svch sums shail be app(ied by mortgagee toward fhe payment of real property ta , inswante p?em:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR haa hereunto set his hand and seal the day and yeu fint aforesaid. .~~fd, ~ed ~Aa a~~ ~a ~o ~ P.~~ of: fflEO AMO RECORDEQ l. t.{~ . st.~uc~E couNtv F~. RpCEN POITiiAS - ~ ~ ~Z (Sea4 ~E~O VERIf 1ED ~ ~ ~ - ~ p~c 9 ~ 03 PM'18 _ STATE Of FLORIDA ~ Sti • ~ ~@ ~ couNn oF 20~g~~ Sefore ms perwnalty app~~red ""'J C'~~'~'e 31~6 .~'i82'].~B hq wife, to me weH known ared known to me ro be the individvak described in and w!w executed tt~e foreyoing instrument, and acknowled~ed befwe m~ tbat they e:ecuted the same fw the purposes therein expressed. Md the sa~_ L@31~@ R. r,SI'1 lE3 wife~of ths said ~ C8I'1~@ upon a separata aod privat~ e:aminatw~ by me taken xpante +nd apart irom her"said lwaband, adcrqwled~ed ro snd 6efw~ me that sMe executed said instrvmsnt freely and volun~ rar~ly and w+'tho~ any compulsion, constraint. ~pprehe feu of w from he~ pid hvsb~nd. WITNESS my Mnd and official s~al th:• day ~ ~C@fib@2' a p. 19 70 _ • L ~~sEL ~ . ( Jl/1i[ ~n/ y Notsry Public in and fw th~ Stat~ of florida tl luy~ _ r_~ s.;y " 3. My Comrnission ~~cpir~s: Rerwn Ta. ~-:~,-ft::-~`• ~ARY MlBIIC~ SIATE Of F10R1~ AT LA.46E first Fedsr+l Savinps 3 loan lluociatio~ . ~ . . . . t : oi Fo.+ P;erce. ~.•G~A~~~ ~iHWt ~D ~ sEpiESTEl110~~ j~ s~ M~ Fort Pierce. Fla~da ~~V.~.~ ~ ~~~i~~ ~ • Q d y~1 JI~ .;.t, - . .r. ~ . i;~ J. .;,F-' This Instrument Prepared By JOh~1:Ws ~'`t:~ First Federai Savings b loan Association J:. :-f ; of Fort Pierce ~ F1o~'1.da .s 'S~ 4~;.:'}'t".~ T'., ; _ . ly ~ . 5 Checked By - -+'~a•:~i~..~u•~'~~~ .r~' _ . ~ ~~S ~2;3~4 ~ pg a~ . : . x°~~_~=~ . , ~T--~~-: