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Home My WebLink About0272 J. To plsc~ and continuo~sty ke~p on tM bui!d~~~t now a 1»r~a~tM 1it~aM on ~a~d land and on ~11 cq~iwnent ~nd perso~,ally co~e~ed by ~h~~ mor~. pt, with NI pr~mivm~ thereon pa~d in fu~b ~~?e insur~nc~ ~n ~M u~v~l ~ta~dard po~~ty fo~m, in a~~~T ~pWoved by the MOR~i~AGEE. •~+d wind~~wm inswu~c~ in 11N u~wl •u~da d po~~cy tam, ie a sum app~o~ed ~y ~he N~ORTGAGEE. in such compaoy or co~+paroet as the MORTGAGEE may dinct; w+d ali (ir~ ~nd w~nds~orm ia~u.a~p polk~e~ on ~nY o( ~+~d buiid~~+ps. any interesl Ihereen ot par~ the~eot, in ~he pgrrga~e a~m alo~esa~d o~ .n ~Jttftis therwl, shall conuin ~h~ utiwl sundard mar9+~ c~aus~ a~uch o~ha cl~us~ a~ ~M Ma~9~qee m~y requu~, m•kinp ~he W~s uncler sa~d polG c~ss, esch u~d ~ve~y, p+yabl~ 1o said MORTGAGEE as ili imerett may app~a~. ~nd each and ~verY s~,ch po.~cr shall be p~omp~ly au 9ncd a~~d delivercd to ~ny held by faid MORTGAGEE •s (urtFw~ seturity to s~id mat9a9~ debt, and, no1 leu than 1en (10) days in adrance of the esp~~atio~ ol rach poGcy, to de- IivK ro~id MORTGAGEE a ~saewal Ih~?eof, top~~hH witA a receipl fa Ihe p~em~um of sucfi renewal; a~~d there tihall tx ~w fae or w~:~d~~o~m iosuranc~ pl~ced on ~~y oi said buildinpi. ~ny interasl ~Mre~n a parl lhereof, unle» i~ tM fo~m ~nd wi~h ths los~ pay~bk as sforeuid; ~nd in the event any tum of mwiey becomes psy~We u~der such policy q policies t~id MORTGAGEE ihall haw ~he oprwn ~o recerva end apply ~he se~:~e o~ accoum o( the indub~ed ntq setured Mrtoy a ro perm~~ said MORTGAGORS ~o rKeiv~ ~nd uN it p any part the~eol lor otiic~ pw~~oscs, v.~uw~t ~h~~.ui wa~~~ ~3 u~~pa~~- iny a~y eQv~fy, lien a right under or by virtw of Ihis mw:ya~; ~~+d ~n ~M ~veM iaid MORiGAGORS shall fa any reaso~ (ail to kcep the sa~d premisei so insured, or fail b delivsr promptly ~~y o1 so~d po~kies o) insur~ncs to s~id MORIGAGEE, w fail promptly to pay (ully any pre~n~u~n therelw cv in any reipect fail fo pertam, diuharge, e:ecute, effed, compkte, comply with and ab~de by thif cove~snt, or any pe~t hereol, sa~d MORIGAGEE may p~sce and pay fa ivch Inivrante or u~y p~rt Ihereof without waiviny or affecti~g My opNo~. ~ie~. equ~tY. a right undr w by virt~e of this Mwtgage, and tht fu~l amount of each and evtry s~cA paymeM shall bt imnedi~tely dw and pyable ~nd sha~l bea? interest Irom the date therco( uo~il pa~d at the rate ot nine pe~ centum psr snnum and to~ether with such iroe~est shall be sacured by ths lien of this mortgaye. 1. To permit, commit a svlfer no waste, impai~meM w deteraration of sa~d p?operty or any parf thereof. 5. To pay al) and sirgulu the costf, cMrqa ~nd expe~ses, includinp a reasonable attorney i fee and cos?s of abst~ac~s of title, incu~.ed o~ pa~d at a~y time by said MORiGAGEE, because a i~ Ihe event of the lailure on the part of the said MORTGAGt7R to duly, pra»ptly and fulty pe~form, d~scharge. rxccute, e((ed, complets, comply with and ab;de by eath and eve~y the stipulenons, agreements, ca+ditions, and covenants of said p~orteissory note and this mortgaye any or eiih~v, and sa~d costs, charges and expenses, each and every, shall be immediately dve and payable; vuhe~her or ~ot the~e be not~ce d~ mand, attempt to coltect or suit pend~rg; and tha full amount of each and every suth paymenl shall bea. imeres~ irom the date the~eof until Mid at the rate of nine per ceotvm per mnum; and aN said coats, char9es and expenses inc~rred -or paid, togelher wJh iuch inte~est, shall be secured by the lien of thi~ mortyye. ~ Q TMt (a) in 1he event of any breath of this Mortgage w default on the part of the MORTGAGOR, w(b) in the event sny of sa~d sums of money herein referred to be not promptly and tully paid within thuty {30) days next after the seme severally beco~~e d~e a~d payable, witlwut demand a notice, or (c) in the event each and every the stipulations, agreements, cond~tions and covenants of sa~d promisso~y note and th~s mor?gage any a either are no1 iuly, pcomptly and fully perfamed, d~scharged, execvted effected, completed, compl~ed w~~h and abided by, theo in e~~hrr « any auch event the said s~- gregate wm mentio~ed in said promiuory note then remaini~ unpaid, with inte~esl accrued, and all moneys secured htreby, shall become due and pay- able forthwith, a thereaiter, at ~he opt~on o( said MORTGAGEE, as (ully and completely as il all of the said aums oF money were or~g~natly st~pulated to be paid on svch day, anythirg in said promissory note or in this Mortgaqe to the contrary notwithstand~ng; and lhereupon or thereefter at the option of said MORTGAGEE, without notite or demand, suit at law w in equity, therefore w Ihereatter begun, may be prosecuted as if all moneys secured hereby had matured ptrot to ~ts institutiw+. 7, ihat in the event tha~ at the begi~ning of w at any time pending a~y suit upon this Mortgage, a to foreclose i1, or to ref«m it, or to enforce payment of any ciaims hereunder, said MORTGAGEE shall apply to the Court having jur~sd~cuon thereof for ~he appo~ntment of s Receiver, such Court shall forthwith appoint a ~eceiver of said mortgaged properly all and singula?, ioclud~ng all and si~gular the incane, prof~~s, iss~es and revenves from whate.e? source dmived, each and every of which, it being expressly understood, is hereby mwtgaged as if speu(ically sei fath and deuribrd in the g~entir.g and habendum c:auses hereof, and such Receiver shall have eil the broad and 'eftective fu~ct~ons and powers in a~ywise enrrusted by a tourt to a Receiver, and s~ch appointment shati be made by such Court as an admitted equity and a matter of absolute righ~ to sa~d MORTGAGEE, a~d w~thout reference to the adequacy or inadequacy of the value of the property mwtgaged or to the sotvency or insoivency of said MORiGAGOR or the defendanta, and that such rems, profits, income, iuues and revenues shall be applied by such Receiver accord~ng to the iien or equity ol said MORTGAGfE and the prac~ice of such Court. 8. To duty, promptly and fully periorm, dixharge, execute, efieN, complete, comply with and abide by each and every the stipulaY:ons, agreements, conditans and covenants ~n sa~d promiuory note and this m«tgage xt (o~th. 9. That in the event the ownership of the mortgaged premises, w any parf thereof, becomes vested in a perw~ other fhan the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, witFaut notice to the MORTGAOR, deat with svch success« or successor in interest with rei~rence to thia mortgage and the debt hereby secured in the same manner as with Mortgagw witFwut in any way vitiating a discharging the Mortgagors' liability hert under ot upon the debt hereby secured. No sale of the premises hereby mo~tgaged and no forbearance on Ihe part of the MORiGAGEE or its sutcessws or assigns and no eatens~on of the time fa the payment of the deb~ hereby secured given by the MORTGAGEE or its successors or auigns, shall operate to releau, discharge, rtadify change w alfect ihe original liability of the INORiGAGOR hereirt, either in whok or in part. 10. It is speclfically agreed that time is of the essence of this contract and that no waive~ of any ob~igat~on hereunder or of the obligation ia- cured hereby shall at any time thereafter be held to be ~ waiver of the terms hereof or of the instr~mem secured herby. 11. In add~tio~ to the forego:iig monthly payments of princ"pal and interest required by the prom~uory no!e secvred herehy, mortgagw covenants and agrees ro pay to mortgagee with each monthly payrnent an add~rional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- e ing_ A-All real property taxes levied or assessed against the above described real estate. B-Prem~ums on fire and wi~dstorm insurarce as herein requ~red to be carried on the improveme~ts situate on the above described premises. ~ C-Premiums on such mortgage guaranty insurar~ce as mortgagee shali from t~me to time deem fit to carry on the loan secured hereby.i i Mortgagee shail from time to time notify mo+tgagor in writing of the amount due and payable hereunder and such s~m shall thereupon be due and F Fayabfe on the due date of the next monthly payment and each successive month thereafter urtil mortqagee shall notify mortgagor of a thSrge in such a amount. Such sums shall be a hed b mort a ee toward the ment of rea! o rt taaes, insurance em:ums, a~xJ mort a e uarant insurance PP~~ Y 9 9 PaY P? Pe Y P~ 9 9 9 Y prerniums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal ihe day and ar st aforesa" ~ Sig . Sealed and delivercd in the presence of: f1LE0 ARD RECQRQEO ' - ~ Q ~ St.lUC1E COUNTr FIA. • a4 itOCER POtTRAS ~~n ~ CIERK CI~CUIT URt RECORO YER~FIEO 1$oa4 S7ATE OF FlOR1DA ~ ~ - 5t. :.uc ie ~ 2Gs>~OO couNn oF t~~ Before me personally appeared n 1' e `3 . F+ Z 21' ' S 1 T1 Q 1 P. 2.d L:1 t~ end- I~is wiky to me well known and known to me to be the individuals dewibed in and who executed the fuegang instrurtxnt, and acknowledged befwe me that Aie~ executed the same for the purposes I rherein expressed. And~he"ssid '1 «:f~ ~tl~s said vpow ~ s~~tr ~nd~riw~e i e,~siwiw~ti~r?-Y~y-rwo.tahew~a~~tr~d-epar?-frorn-he~ssid~wsband: ackMV~ledgR1~10and~blferl~nltihar74i!l~ecl~Medsai~w~slrome~H(?eef~~awd•rOh~ ~ +enF~r-~w~ wiN~r1 -~wy-c,awpuki~ni <s~stroinl; ~sppert+ension- r~fesr ~t orirom'i~ena7d f~ostrand: " ~ WITNE55 my Mnd and official xal thi day of ~ecenber q, p, ~9 7~ ~t ~ ~ Notsry Publ'K in and for the State of florida at Larye My Commission expires: ~ Return Ta `~~~~+uN~u~~~~~ NOiARY NlBUCr SiATE OF FLORIDA AT IARCE First Federal Savings d~ Loan Association ``~~~~~F,*`>.~i3-~~ j~~i~~ FRFDRM~. D~~~ i~73 Of fort Pierce. ~ ti ~M. _ ~ Fort Pierce, Florida ~ I`~r~~ r' ~~~i~ , . ,:~~;~v . : . : .;~~G?--~`}: j'' ; F~ _ ' ••-~~~•r~ •~~~~j~ • . J` - . ~~~,1~"~ ~I,: •1i ~ ,r:.e~ D. , ~ ~Q" This I~strument Prepared By ~Z3~K~ ~ First Federal Savings 8 Loan Association ,~tiw P~ _ of Fort Pierce, F lor idr_ ~•.,y.~ n z~ - ~ ~ ~ - Checked By ~ ~`''~~~e~~:n.~:~'`• $~~~9 27~ . ~ . . _ . . ~ - ~ ~ _d ~ _ _ - ~ ~