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Home My WebLink About0203 ~ ~ ~ s J. To place ~nd conri~uousfy At~p on ~M bu~:d~~s nov: a!~er~afqa f~t„~q o~ sa~d tand and o~ a?: .q.:~pmen~ •nd p~rwnatly co.e~cd b~ ~++a~p- s~~. wilh •II prem~ums thereon pa~d ~n full, fire inwranct ~n ~h~ u~wl ~~~rdard poi~cy lorm, 1~ • sum ~~p~o.ed t. ~he l~1QR;laAGEf. and w,nd~~o~m ~nswM+ce i~ tM u~ual •~u+dard po~.<y fam, i~ • svm •ppro.ed by ~i» hlORiGAGEE, in sucA tornp~~y o~ compan,es as ~he MORiGAGEE may d~rtth ~nd •11 fi~• and w~t~arorm inwr~n~e po:~c,~~ on any of ~a;d buitd.npt, ~ny interei~ thcrem o~ p+H the~cvf, ~ri the ~~yr.y~~e wm alaeuid a In ~ac~u Mrreof. sMll ca+uin ~hs ~sual atand~~d marq~q~e claus~ a+uch o~ha cl~us~ as tM Ma~g~yes n,iy rcqu,re. ms?~np ~he io~~ ~nc~ •.~~d polt ; c~es, exA ~nd evsrY. D+WWe ?o s~~d +NORTGAGEE as ~b ~ntac~t may apps+~, ~~d each aod e.~~y ~uch poi~cy shall be prompUy us p~d •~,d d~i~.~~ed ~o - ~ any held by sa~d MORiGAGEE ~i fwrher sccu~ity ro s~~d matyage debt, and, no~ ~ea ~Mn tcn (10) days ~n ad,re~xe oi the eipiration ot e~ch polky, to dr ~ Uver to ~~~d MORTGAGEE a renewal tMreof, tape~Mr wi~h a rcce~p~ fw the p~e=*uum o1 such renewal; and ihere s?+ali be no f~re o~ w~~~~s~or~n iniurance piKed on ~ny of said buildin9s. sny interest tficre~n w put thereof, un!es~ in the fo.m a~x! with the Ica~ pay~ble as •fo.eseid: ~nd in the event any sum of nwney becomes payable under s„ch policy a po~~cies said MORTGAGEE shal{ have ~M opt~o,~ ~o rece~ve a~td ippty ~he same o+~ sccou~t oi ~he indeb~rd- neu secwed he?eby a to pe~m~t s~~d MORTGAGORS ro ~ecei~e ~nd use it or any part ~hereof io~ o;~,~r pu~FO~~s. .•.~~~,o~t ~h~~.~+ N~+~~`~ ~'.,P..,.. ;nfl any equ;ty, Iien w right vode+ a by virtve qf this mo:ty~ge; a~d in the event sa~d MORTGAGORS tAall fa any reason f~ll to Qeep the ss~d p~cm~set so insured, o? f~il b delive~ promptly ~ny of said po~icies of insu~snce fo said MORTGAGEE, or fail promptiy to pay tu~ty any pre:ni~m therafor p in any rrspect fail to pe~fao~, d~scharge, execute, effect, complete, comply wi~h snd sb~de by th~s cove~wm, a ~nY pan hzreof, sa~d MGRSGAG[E may pVace s~.o pay fa tuch insurance w any part thereof witt+out w~iviry a affeciinq a~y opt~on. ~~en. equ~ty, o~ righ~ unde? w by vi~t~,e of tfiis Morfgage, and the futl arraunt oi eath aod evtry s~tl+ paymeM shali be im~nediately due and payable and shai! bear iMerrs~ from the dete tAcrcoi until pa~d at the rote of r,~ne pc~ centum per annum and to~ether w~?h such i~reresr shall be secured by the I~en of this mortgage• 1. To permit, commit w suffer no waste, impsirmeM or deterioration of u~d property w any paA ?hereof. ! S. To p~y aIl and tingular the coasa, charges and expense:, 3ociud~ng a ressonable attwney i fee and cosrs of abitracts of t~ele, ~nc~r.ed or pa~d at any tirtx by said MORTGAGfE, because or in the event of the failure on the Pe~1 of the iaid MORiCiAGOR to duly, promNtly and f„tly pcrfor~n, d~uharge. execute, effect, complete, comply wnh and ab;de by each and every the st~puiat:ons, agreemenn, condiuons, and covenanrs of said p~an~ssory note and ehi~ : mwtgage any or eithe~, and said costs, cMrges and eapenses, each and every, shall be immediately dve artd payabte; wherher or not there be not~ce dr ~ mand, afttmpt to co~lett w suit pend~ng; and the full amount of eath and e~ery such paymcnt shall bear inrerta~ from the date thereof untii paid at the = ~are oi nine per centum per annum; and ali said costs, charges and expenses in[urred or pa'ed, together w~1h such in~eiest, shall be secured by the iien of this ~ ~9~• 6. TMt (a) in the event of any breath of this Mortgaga w default an the part of the MORiGAGOR, w(b) ~n the event any of sa:d sums of money # herein ~efe~red 1o be not promptly and fully paid within th~rty (30) days next atter the same severa!ly become d:x and payabte, w~thou~ dema~d or hotice, # or in the eveM racl+ and every the stipulations, agreerrKnts, condltions and cove~ants of sa~d p~an~sso~y note and th~s mo~tgage any or e~ther are not ~uly, promptly ~nd fully perfwmed, discharged, executcr~, effected, completed, compiied with arxi ab~ded Sy, thcn in tither w any such event the said ag gregste wm mtntaned in said promiuory oote then rcmaining unpa~d, with interesl accrued, and ati moneys secured hereby, shall becorne due and pay- ~ abi~ fwthwith, a thereafter, at tFx optior? oi sa~d MORTGAGEE, as fully a~d completely as ii a~l of ~he sa~d s.,ms of money were aiginally tt~pu:ated to be pa~d or+ such day, anything in sa:d prom~ssory note or in this Mwtgage to the contrary notwithstanding; and there~pon a therea+ter at tht opt+on oi aaid MORTGAGEE, without not~ce w demand, suit at law or in equity, therefae ot thereafter beg~n, may bt presecuted as if all moneys secured hereby nad matured pnor to As institution. - 7. That in the evcnt rhst et the beginning of or at sny time pending any su~t upon thls Mo~tgage, or to foreclose it, w~o reform i~, or to enforce payment of any daims h~~evode?, said MC~RTGAGEE shall apply to the Couit having ~ur~sd:ciion therrof for ~he appo~mmem of a Receiver, wch Cour~ shail Forfhwith appoiM s receiver of said mortgaged prooe~ty all and singular, includ~ng all and s~nguiar the income, proi~ts, iswes and revtn~es from whatever so~rce derived, each a~d every of which, it be+ng expreuly U~tdlrStOOd, is hereby mortgaged as if spec~f:cal:y set fwth and describ~d in the granting and habendum tlauses hereof, and such Receive? shall have all the broed and effed~ve funct+ons and powers in anyw~se entrusted by a Court to a Receiver, and s: ch appointmem shali be made by such Court as an admitted equity and a matter of absol~tr r~ght to sa~d MORTGAGEE, and withou! ~eference to the adequaq or inadequacy o( the value oi the property mwtgaged or to thc so~vency er insolvency of said MORTGAGOR w tAe defendanfs, and ~hat such renes, profits, income, iuues and rev=nues shall be applied by suc1~ Receive? accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. B. To dutv, promptly and fully perform, diuharge, exetute, effcct, complete, comply w~th and abide by each and every the stipulations, agrcements, conditioro and covenanrs ~n sa~d promiuo?y note and th;s nwrtgsge ut fo+th. 9. That in the event the ownership of the mwtgaged premises, a any part thereof, becomes vesfed i~ a person other than the MORiGAGOR, ti+e k.ORTGAGEE, its successors an~ auigns, may, withovt notice to the MORTGAOR, deal with such successo? Q+ s~ccessor in interest wiih reierence to this mortgage and the debt hereby sccu~ed in the same manner as with Nb~tgagor without in any way vit:asing or d~xhargir.g the Mortgagori liability F~rr vnder or upon the debt hrreby secured. No sale of the premius hrreby mortgaged and no iorbearance on the part of the MORTGAGEE or its successon o• assig~s and no extension af the time fo~ the payrr.ent of the debt hereby secu~cd given by the tAORTGAGf~ or ~ts successors w au:gns, ahall operate ro rNeau, d~scharge, rnodify thange or affect the o:iginal liab~l~ty of the MORIGAGOR herein, either in whole or in part. 10_ It is spec~fica(ly agreed that time is of the csse~ce of this contract and that no waiver of any obligat~on hereunder a of the oblgat~on sr ; cured hereby shaii at any time thereafter be held to be a waiver of the terms hereof w of tfie instrument secured herby. l l. In add~t+o~ to the fwego:ng rno~zthly payments of princ pal and interest requ~red by thr p+om ssory no!e secured he~eby, mortgagar tovenanis a~d agrees to pay to mortgagee vv~th each mmthiy payraem an add~rional sum est~n,afed by mortgagee to be eq~al to 1, 12 oi t~r. annuat cos~ of the follow- t 'ng: A-AII real property taxes levied or assessed against the above described reat estate. I' B-Pf@.T,•;J'!15 0~ f~~e and w~ndstorm insurar.~e as here~n requ;red to be carried on the ~mproveme~ts situate on the above d~scribed premises. 1 C-Premi~ms on svch mwtgage guaranty insurance as mortgagee shail fra~r t:me to time deem fit to carry on the loan sec~~ed hereby. ~ I Mortgagee sha t i*om t~me to time notify mortgagor i~ wr~t~~g of the amount d~e and payabie hereundrr and such su~n shall thereupon be due and ~ f ; ayable on the due date of ~he next mo~th!y payment and each successive month thereafrer ur.tit mortgagee shali not~fy mortgagor of a cha~ge in such ~ 3T•ount. Such sums sFai! be appiied by r.iort9agee tov.ard the payment of real property ta:es, insurance prem:ums, and mortgage guaranty insurance ~ c•emiums. IN Y~ITNESS WH~REOF, the said MORTGAGOR has hrreunto set his hand and seal the day and year first ataesaid. ~ Seal and del" the presence of: Sea~ ~ - (Seal) ~ (Seaq (Sea4 jTATE OF FLORIDA ' - .Sti • U1C~@ ; S5. :OU!JTY OF Before rt+e personally appearcd ~1i1 .R. ?S ~^~O~ and ~ R,pg$1'j@ Bl A[~~Or@ his wife, to me we~l known and known to me to be ~ ~ rhe individuais described in and who executed ttrc fwe~anp instrument, and acknowtedged before me that they execYted tF.e.~~ne fw the purposes rhere~n expressed. And the :aid ~sSl~6 B18C~01"@ ~~--~~z~r ~ - - . < ' :.1~~.:.....+.-_ w~f~ of tt+~ ~~d Phil1 S. B1aCI~uol~e ' ~s~eptr+0~=and private e,caminaYan by me taken xpa~ate and apart from her said husband, acicnowtedged to and before me that she_ _~Y ~ ~r~}' jnd rotun' ~ ranly ~nd wrthout any compulsion, constraint, apprehens~on, or fear of w from her said husband. r;,'- ~t4~~~ ~ ~ W17NE55 m y hand and official srat thi: 23rd day of ; j~~# ~q~T+ r~ " . - ~ ry Publ' .-in ~ ~d '~t ~ - ~ . f~p ~ll= RECO ~m. . ~ ~ . . ST. L ' • ~~j ~ Retum Ta ~f C~~ • ~ ~ Fint Feder+l Sav3 s 3 twn Associat~on ~OGEF FOITRAS t, ` 25. ~9n ~ CLEAi~ CI~~UI~ C011~1 ~~~~~~~-Sept' c....~. c4. ~ Of Furt P.erce. ~~p vERiFtEO ii~+w-iv~''"' F"~ i fort P~erce. Florida ~ O~c 23 12 33 PH `10 . ~ This Instrument Prepared By $iChal~d ~C. $syes 2(~245'7 ~ First Federal Savings & Loan Association of Fort Pierce ~ Florida " Checked By - aooK 189 ~ 203 ~ ~ - " ~ pa ~ ~ _ ~ .r ,._.u . _ .