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Home My WebLink About1347 ~ ~ ' ' , r , - . i ~ T To pi~ct ~nd coniinuouafy ka~p an rl~e bw!d~+p~ iww w Mr~afts~ u~wN on ?~~d I~nd ~nd on al1 cqu~p~n~~~ and psrw~~;ly covNed by thi~ mOr1q~ ~p~. wi~l~ ~II prNnium~ N.xeon p~KJ ~n fu11, f1~e in~w~~c~ M tht uswl at~d~rd po!ky fam, in s•um a~prorcd br ~~x MQR'uaGEE. •r+d w~~+ds~am i~uwanu in tM v~wl aa~dard pol.cy fan~, in • wm ~ppove~! by ~Iw MORTGAGff. in wch compan~ o~ ca++pan~es ai ~he ?J~ORtGAGEE .n+y dv~ttt aed NI fir~ a+d w~ndsa~n~ i~?sw~np po1K~a on ~ny ol sr~d build,npi, ~ny H11f~y) fMftM Of pa.~ ~hereoi, in tM pq~eyatr sum ~ta~~d w M~~cvfs d~~of~ sA~ll ca?taie t1» vswi s~~ndNd mor~yp» daw~ w such aiw~ dsvw u tM Ma~Qaye~ ma~ r~qu~.~. m~L~np ~ty ~ass undrr a+~d po1~ c'vs, each ~nd ~wry. p~yabti a~aid N10RTGAGEE a;ts in~erat may ~pp~sr• ~nd each «xl ~w.~ sutA po~icy ~h•II b~ promp~i~ y„ed •~,d d~iivered ~o i ~ey h~ld bp ~a~d MORTGAGEE ~s funMr security ~o ~aid ma~yap~ d~b~, a?~d. nW leu IMn ~ee l10) d~ri i~ adwnu o( tly tapu~tion o1 eac6 pol~cy. to dr ~ IivN ~o ~aid M(MTGAGEE • ren~wal rh~?wf, top~dw wi+A ~ rece~pr fo. tM pr~+niwn of wch .e.xw.~; snd rMr~ shall b~ ra icn or w~~~d~~o+m il~sYN~1C~ plicvd on a+y oi said b~rild~np~, ~ny intaat eM.~i~ a pa~~ th~.eo(, unl~as in rM fw+~+ and with ~he bss payabl~ u afwc~aid: ~~+d in TM e~e~+~ ~~y swn ! ot n+o~wy becoows payaWe unda sucA po:icy w polici~s s~id MORTGAGEE ahall Mw tF?~ op?wn ~o ~eceive and appty the san+e on accov=,e o! rhe indea~rd~ n.ss ..cv.ed h.~eby o. ro pe.m+~ sa~d ~trGwGdts ro rec«w ~~x~ uN Il O~ any pert there0{ I~t Otnet NurE,oaes, withput th~raur wa~y~ .;r ~~~ipa~.- inp a~y pv~ty, lien or ~i~M ur~de~ or bp v'vfw of tlrs mortyaq~; ~nd in th~ ~vsnt sad MORTGAGORS ih+U (a a~y roason iail to keep ~he said p.emisef so insvted, pr (sil b deliver promplly ~ny of faid polities oi inwranty ro N~d MORiGAGfE. a fai! ~+ompNy to pay fuity any pre~n,um tFxrefa a i~ any rtsped fail b pMfwm. diuhuqe, exetvt~. ~ff~ct, tompkt~. comply with ~~d s~Nlt by this tovenaM, or any part hereof, said MORTGAGEE may piate and paY iw ~uch insuranc~ a~~y part tFw~of withovt w~ivinq a sffactinp ~ny option, liae. eq~ity. w r~h~ ~r?der a by vir~w oF this Morr9ags, snd the fult amovnt ot srcA and ewry such paymer?t sh~ll b~ immediately dut ~nd p~yaWe and iMil bear interest from the date thereof un~il paid at the raie o1 nina per pntum pe~ annum and together with such inte.est thalt be secured by tF» lisn of tlut moripsge. To pumit, aomnut w suffer no wut~, impaern~nt w deteriaatan of said property w u~y pan the~eoi. ~ S. To pay all and tf~qvtar tM cotts, ch~rqss and expaues, includ~~g a ~easoeabte sttwney i fee and cosrs of ab~eracts ot tlUe, incuned w pa~d at t any tim~ by said MpRTGAGEE, b~cavae or in the ~vent of the failure on tiw part of ~M said MORTGAGpR to duty, promptly a~d f~11y po~f«m, d~uharge. exetuM. ~tfect, oompkte, comply with and ab~de by each and every the stipulations, agreements, co~ditions, and covenants of sad promi:wry note and ~his ^'a~9+0e ~^Y a e~~ha, and said eosb, char~ and tapenses, each snd every, shall be immediafely d~e and payable; whether qr not there be notice dR mand. ~ttempt to colled w svit paiding; ~nd fh~ full arno~M of each ~nd every s~ch paymeM shalt bear irtterest from the dale thereof until p~id al tht rate of nine per centum per aruwm; and all said tosq, thuges and expenses irrcvrred w paid, toyerher w~th suth ineerast, shall be setured by the I~en of this mortpspl. 6. Thst (a) in the went of any breach af thii Nlortgage o~ default on the part of the MORTGAGOR, or (b) i~ the event sny o( sa~d sums of money herein referred to be noj promplly and fully paid within ~hery (30) days next afte? the same aeveraltr become due and payable, withou~ demand or rw~ice, or (d in the event eacA and every the stiputations, agreamenn, cond~tio~s and coven~nts of sa~d promisswy note and th~s mort~age any w e~~Aer are not ivly. promptfy and iuly perfamed. d~xMryed, executed, etfec~ed. completed. complied with and ab~ded .by. ehen in either or any such event Ihe said ag greQate wm mentioned in said promistwy note then remai~in9 unpaid, w;th iMnest accrued, and all mwxys setured he~eby, shall become dus and paY- able forthwith, a thereaFtc~, at the option of said NIORTGAGEE, as fv11y and completely as if all of the sa~d sums of money wero w~girsally s~~pulated ?o be paid pn suth day, anything in sait! promiswry note or in tha Matgage to the tontrary notwirhstanding; a.x! t)~ieuporf or fhereafte~ ~t ~he option of said MORTGAGEE, without notice or demand, suit at law or in equity. lherefore or the?eatter begun, may be prosecuted as if all moneys secured hereby had matv?ed prror to in insfitu?ion. 7. Th~t in ths event that at the beginning of q ~t any time.peodirg any suit upon this Mwtgage, or ro foreclose i~, or to reform i?, a to enfwcs payment of any daims hereunder, said MORTGAGEE shall apply to the CwA having jwisdictio~ thereof fw the appoiMment of a Receiver, such Courf shal~ Forthwith ~ppoint a receiver of said mott9aped property all and singular, includ~ng all and singular the income, p~ol~ta, iuues and reve~ues from whatever wurce derived, each end every of which, it beirg expressly understood, is hereby maega9ed as if spec~fically set fwth a~d deacnbed in the grantirg and habe~dum ctauses Fxreof, and such Receiver shall iWVe •II the broad and effettive furxnons and powers in anywise cntrusted by a Court to a Receiver, and s~,ch appointment shall be made by such Court u an admined equity and a matfer of absolutr rghr to said MORiGAGEF, and wirhout ~eference to tFk a~eq~acy cr inadcquacy of the wlue of the properry mortgaged or to the sowency or lnsolvency of said MORTGAGOR w the defendants, and that such rents, profin, ~ncome, ~ssues and revenues sha11 be applied by such Receive~ according to the lien a equiry of said MORTGAGEE and tix prxtice of such Gourt. 8_ To duly, promptly and fully perfam, discharge, execute, effect, complete, compty with and abide by each and every the stipulatio~s, agreements, conditioro and covenants in ucd promiuory npte and thia mortgage xt forth. 9. That in the event the pwnenhip of the mortgaged premises, or any part thercof, betomes vested in a person other than the MORTCaAGOR, the MORTGAGFE, iri successors and auigns, may, without notice to the MORTGAOR, deal with such successor Q? successor io intercst with refe~ence to this mor~gage and the debt hereSy secured in the same manr~er as with Nbrtgsgor without in ~~y way vitiating or dixhargi~g the Mortgagors' liability Fkre- - under w upon the debt hereby secvred. No sate of the Fremixs hrreby mortgaged ~rtd no forbearance on ~he part of the MORiGAGEE w its successon or auig~s and no eatension of the time fw the payment of the debt hereby secured given by the MORTGAGEf or its svccessors or au;gns, stiall operate ro release, discharge, modify cfiange or affect the wiginal liability of the MORTGAGOR herein, eitF~ in whole w in part. 10_ It is specificatfy sgreed that time is of fhe euence of this contract and that no waiver of any ob~igation hereunder or of the obligation se- c~red hereby shaU at any time thereafter be held to be a waiver of the terms hereof w of the instrumeN .secured herby. 11. In add~tia~ to thr faego:ng mo.~th~y payments of princ:pal and interest required by the promissory no~e secured hereby, mortgagor covenants and agrees ro pay to mortgagee with each monthly payrneM an addirional sum. estimated by mortgagee to be equal to 1/12 of the annual cost of the foNow- ing: ~ A-Alt real property taxes kv~ed a assessed against the atwve described real estate. B-Premivms o+~ fire and windstorm inwrartce as herein requ'aed to be carried on the improveme~ri situate on the above described premises. C-Pre~niums on such morfgage gwranty insurance as mortgagee sFiatl from time to time deem fit to tarry on the toa~ secured hereby. Mwtgagee sha~l from time to time notify mwtgagor in vvriting of the amouM due and payable he~eundrr and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee zhall notify mortgagor of a change in such [ amovnt. yxh sums sl~all be applied by mortgagee toward ihe payment o4 reat property taxes, insurarxe prem:ums, and mwtgage guara~ty iruu~artce ~ p~emiums. IN WITNESS WHEREOF, the sa~d MpRTGAGOR has hertunto xt his hand a~d seal the day and year first aforesaid. ; Signed. Sealed and detivered in the presence of: Q~- ~ ~ K~JCOIl tSea4 ~ John . ~ F.:~G. c .as._ ~ cs~+D Billie M„ Niaon . STATE OF FLORIOA ~ couNn oF St. Lucie ~ u- F.. . " ~ Befwe me penonslly appeared N~ ~1~~~ - Y{, a~ t Billie M. Ni~con t,~: W~r~, to ar ro ~ ~ rhe u~d~v~dwb dex?ibed in and who executed the fa instr~ment, and acknowl ~ ~?D edged before me that t ~ p~~ppy~s therein txpresud. Md the sa' ~ 7: ~ Billie M. Niaon ' wife Of ihe .a~d JoYLn j''. Nixon : . ~ ~ ~ :a~;~ ~rv,~ ~ examinaYwn by me taker~ separate ard apart fran her sa~d hu~a~d, atScrqwle<tyed to ~nd {kfpre me that she acett~d Ins yCa~d vokxr ?ar~ly and without any compulsion, constrs;nt, ~pprehension, or fesr of or from her siid h~sband. ~'~~14 ' . - ~ ;4: WITNESS my hand ~nd officisl seal thi~ ~j day of Januar : •~~.~:-"14~ i'••.;~ ~ l~y ~ 20323~ f~lEO A~l~ REC~R~~ N°tary Publ~c i~ a~d tor tM llMUi~lWI a st tarye lUC1E COUN Y ~ My CO'^'^'siw~ expires: • Rer~,o To: ROCER POfTQAf First Pederal Saving~ 3 losn Associ~t~on CLERK C{RCUI? C411R1 MY COMM~153 ON~EX RES JAN.~24~1974 Oi Fo~t P~erce. RECORD YERIilEO.,~.~~,~, ~ Tf~ F~p A, p~ Fo(t Pierce, florida .I~11 I Z 2 07 I q~ . This Instrument Prepared By Wm. E. B2'auD ~ C~,~`~ ~ First Federal Savings b loan Assoc;aiion of Fo~t Pierce ~ Florida Checked By lC~? ~ 189 ~1344 ls - r - ~ .~"~s` ~k- _ , -~r.~F aa r ~ s~ _