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Home My WebLink About0063 To pl~c~ and tonf3nuously l~Np on tM bvild~nps ~ww or M~~~}ta lituaq on ~aid la~d and oe ~II equipment and perwn~tly covered by thi~ mp~¢ p~, w~th all pr~miumf Iherwn pa~d in lutl, (i~~ intur~nc~ it~ ~Fw usual ~I~ndard pol~cy (orm, in a ~um approved by the MOR~GAGEE_ •nd winds~am iruwanc~ in ~M vtwl e~ndud pot~cy fam, i~ • sum ~pp~ovq) Dy ~M M4RTGAGEE, in wcA compa~y o~ compan~ei ~M MORiGAGEE may dindj u~d ~II ftr~ ~nd winthiorm insw~~u polici~s on ~ny of iad build~npf, a~y in~~r~~~ ~hae~~ or part thereof. in the aqq.ey~?s ~um ~fa~uid a in ~xc~ss ~hKwi, ~MII contain tM wwl ~t~ndard mor~q~pe~ dws~ w iuch orl~ daus~ at tha Mo.ty~pe~ m~y rsau~r~, maklrg ~ha ~os~ undar sa~d po1M c~s. ~ath u~d ~ve~y. paYsbl~ to s~id MORTGAGEE ~s ~b imer~tl may appear. ~~d each and every tuch poucy ~hall he promptly ais 9ned and de~ivered ~o any hsld by sa~d MORiGAGEE as fv~~Mr s~curi~y to ~aid ma~pafl~ debt, and, no~ !eu ~M~ tsn (10) d~ys in advance of the e+~p~rat~on o! eacl+ porcy, ~o dr GvN to uid NWRTGAGfE a nnewal th«eo/, loperh~r witA • rece~pt fw ~M pr~mium of i~?ch ~enewai; and ~here shatt be no f~re or windllu~m insw+nc~ pl~ad on ~ny oF taid b~ildinps, ~ny i~lenst IF?Kei~+ 4r pu~ thereof, unless io th~ (orm and wi~h ~M loss payabla as aio.~~~id; ~nd i~ ~Fr ev~nl e~y ~um o~ mon~y becomas p.yaWe w+d.. svch po~icr w pdk~.s s+~d MORiGAGEE •ha11 Mv ~he ap,;on to rece;ve +n~! spply ~he iame on account of ihe indebted- n~u secv?ed lw+eby a b pamit said MORiGAGORS ~o rK~iw and vs~ it w~ny part thereof for ome. purpoaes, ~v:~ho~t ihs~~ ur wa~yl o? uupa~r- inq any puity, li~n or riyht und~~ ot by v'utw of Ihis mortya9eJ ~nd in 1M ~venl Nid MORTGAGORS shatl iw s~y reason fail to keep fhc sa;d p~em;sas so ~niu~ed, w fail ?o deliva promptly any of ~aid policies ol inaw+nce ~o sud MORTGAGEE, or fail promptly to pay iutly any pre~n~~~n ttxrefor o~ in any resped fail ~o pNtam, dischary~, ~:ecut~, ~ffect, complet~, comply with and abids by this cove~ant, a any parl 1?~rwt, uid MORiGAGEE may piace and paY (w tuth it~w~anc~ or ~ny part 1fi~reof witlw~t w~ivirq or •ffectlrg any opliort. lien, equ~ty, w righf under a by virtu~ of ~hii Ma~ga9e. anc+ ~ht full amount of each and evvy such payment sM~l b~ inrnadiafely dw snd pryable ~nd iha11 bea. interest from tha dats thereof uniil pe~d a~ the ~at~ ot nlne per centum per annum and tope~he~ with such in~e~e~t thall be secu~ed by ti+~ lien of thw mw~9age. 1. To permit, oommlt or svffa no wa~te, impairment a deterioration of sud property o~ any parf the~eof~ S. To pay sll ~nd sirqutu ths cosls, cMryas ud expen~t~, irxludinp a ~easonable Htorney's (ce and costt of abstracts of riNe, incurred o~ paid st any time by said MORTGAGEE, bcause a io the ~vent of the fsilure on the part ot the said MORiGAGOR to duly, p~omptly and futly prrform, d~uhargs. ezecute, effett, compkt~. compty w~th u+d abide by ~ath and every the stipuiatwns, ayrecments, conditioes, and covenants of ~aid promissory ~ote and ~hii mwtya~e any w ei~har, and sa;c1 costs charges and expense~, each ~nd eveay, shall be immediately due and payable: whether w not ~hrre be nonce d~ mand. at~empt ro colkct ot wit pe~ding; and the tull amount of each and every such paymem ahall bear in~erest fram fhe dete thereof until paid a~ the rate of nine per centum pe~ uwwm; and all said costs, charges and ex, enses incurred o~ paid, togelher w~th such interest, ~hall be secured by the lien oi this mortpage. 6. Tha~ (a) in tht event of any breqch of this Mortga9e w default on the part of the MORTGAGOR, w(b} in the event any of sa~d sums of rr.oney herein ~eferred ~o be not prompdy and fuliy paid within thirty (30t days next at~er the same uve~atly become dve and payable, wi~hout demand a notice, or (c) in the event each and tvery the itipulations, ~greements, conditiau and covena~ts o( sa:d promiuory note and th~s rtwrtflage any a either are not iul~, prompNy snd fully perfamad, d'+scMrged. execut~d, effected, comp(Ned, compl~ed wirh and abided ~iy, then in e~~he~ w any such: event the sa~d aQ~ g~e9ate wm mtMioned in said promiuory note thc~ remaining unpaid, with irtteresl accrued, and atl moneys ucured hereby, shall become d~e and pay- able fwthwith, w thereafter, a1 1M option oi said N10RTGAGEE, as f~lly and complculy as i( all of the said sums of money were wginslly sr~pulated to be paid on such day, anything in satd promiuwy note or in this Mortgsye to Ihe contrary nofwifhsianding; and thereupon or thereafter a~ the opt~on of ~aid MORTGAGEE, without notice or demand, tuit a1 law a in equity, therdwe w thereafter begun, may be prosecuted as if all moneys secvred hereby had matured pnor to in inslitution. 7. That in the event that at the begi~ning of or ~t any t+me pending any wif upon this Matgage, or to fweclose it, or to refwm it, w to enforu payrrKnt of any claims herev~de~, said MpqTGAGEE shall apply to the Court having jur~sd~aio~ thereof for the appo~ntment of • Receiver, such Court ahall forthwith aRpoint a roceiver of said mortgaged p~ooerty al! and s7ngvlar, includ~n9 atl and si~gutar rhe income, prof~ti, Fssues and revenues trom whateYer wurce derived, each ind every of whrch, it being expreuly understood, ii hereby martgaged as if spec~ficalty set fwth and despibed in ~he graneing and habendum dauses he~eof, and such Recave+ shall have att the broad and effective funct~ons and pov.ers in anyw~x e~trusted by a Cou.t to a Receiver, and such appantment shall be made by wth Gourt as an admitted equity and a rr~sfter of absolute righl to said MORTGAGEE, and without refererxe to the edeqvacy or inadequacy of ihe value of the p~operty mortgaged or to the w~vency or insolvency of said MORTGAGOR or the defer.dants, and ~hat such rents, proiits, income, issues and rerenues shall be applied by such Receiver accordmg to the litn w equitY o( said MORTGAGEE and thr pract;ce of such Co~rt. 8. To duly, promptly and f~lly perform, diuharge, execute, effed, complete, comply wifh ~nd sbide by eacfi and every the stipul~trons, agreeme~ts, condit"arq and coven~nts ~n said promissory note and this mortgagt xt fwth. 9. TF»t i~ the event the ownenhip of the mortgaged premises, or any part thereof, bccomes rested in a perwn other than the MORiGAGOR, the MORTGAGEE, its successon snd auiyns, rte~y, without ~ofice to the MORTGAOR, deat with such successor a succeuor in inlerest with reference lo this mongage and the debt Aereby secwed in fhe ume man~er as with Mortgagor without in any way vit;sting or d~stharging the I~tgagors' tiability hera- unde~ a upon rhe debt hercby secured. No sale of fhe prernises hereby mo~tgaged and no fwbearance on the part of ~he MORTGAGEE w its successors or au~gns and no extension of the time fw the payment of the debt hrreby srcured g;ve~ by the MORTGAGEf or its successors w ass~gru, shall opera~e to release, diuharge, modify change or afiecr fi~e aig;nat tiabil~ty of the NWRiGAGOR herein, either i~ whole w in pa?t. 10. It is spec~fically agreed that time is of the essence of fhis contrad and that no waiver of a~y obligat~on hereuruler or oi the obligatan te- cured hereby shall at any time tF~creafte? be held to be a waiver of the te~ms Fxreof w of the instrumeM secured herby. li. In add~t;on to tbe fwego:ng rnonthly payments of prirtCpal and interest required by the promissory note setured hereby, mortgagor covenants and agrees to pay fo mortgagee with each monthly payment an addirartal sum estima~ed by mortgapee to be equal to 1/ 12 of the annual cost of the follow- ing: ' . A-All real property taxes lev~ed w assessed agai~st thc above described reat estate. B-Premiums on fire and windstorm ins~rance as herein requ;red to be tarried on the improvements situate on the above described p~emises, C-Premiums on such mortgage guarsnty insnrance as mortgagee fhall ~som tSme to time deem fif to carry on the loan securEd hereby. Mongagee shail from teme to time notify mortgagor in writing of the amou~t due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly paymero and each svccessive monlh thereaiter urtil mortgagee shall ootify mortgagw of a change in such amount. Such s~ms shail be applied by rt?o~tgagee toward the psyment of real property taxes, insurance prem:ums, and murtgage guaranfy i~surance premiurtb. IN WITNESS WHEREO~, the uid MORiGAGOR has hereunto sN his hand and seal the day a sr firat a said. ~~r~~ned, Seakd and delivered in the presenca of: • r~~~~~1 l't !1, ab bert P Jens n aretchen L. Je n ~,q SiATE OF ftORIDA ~ St. I.uCie u- counm oF eefwe ms person~Ily appe~nd P. J8A8@II .nd ~1~~if``~'I61~ i'. e~@ASAn h;s wife, fa me weil known and known to me to be the individwb described in and who t:ecu~ed the fwe9oirg instrument, and atknowtedged before me that they ezetuted t}~i~ same iw the purposes rh~r~~~ ~xF?~sed. a,d rh. s.~ (3ratehen .,jensan - ' wife of the said ~ObB!'t pb 19II8811 ~?i`~{}? r~t~ aod privat~ exam~n~tan by me take~ separate and apart iran hcr said husband, acknowtedged b and before me that iF+e exec ' 1l+sl ~ty anQ volun- raril and witFw~t an com utsan, constraint. • Y Y P pprehension, or fear of or ~ram her uid husband. WItNESS my h~nd ~nd officisl seal tl,~s 4~ day of - C9~b8I' ~~+"~•s: ~~~~`:~x,~'".i.y~j? :Y~:~. J19~ . . - .~<L~ \ ~ "f~~'v,~G` ~s..: ' ~ . ~ ' Nobry Public in Kt S 1 ~ _ My Commiuion e Return To: u, ~n fint Federal Savings i loan Association 2a2361 - ' • O~ Fort P~erce. ' G' fort Pierce. Flwida fILEO AMD RE~OR~O ~~i~ ~ . . :T.wc~E co~ r fu. ` ~ RocES vornua - ~ atE~K c~acu~T caMr This Insirument Prepared 8y J. D. ~n ~D YEIIIfifO.~.~..~•~ First Federal Savings ~ Loan Association ~C 2~~~~ Q~°?'S~ 7~ of F~rt Pierce ~ F1oMd8 '~t`~ Checked By 604K~89 PA6E ~ 1s, , _ t ~ ~ . ~ _ _ ~ ~~~J~~.:~"''_~~~,~~~ ~ ~ ~