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Home My WebLink About0200 To plac~ ~nd continuoualy kesp on the buildinp~ ~ow a Mr~~f~K ~itu+t~ on said I~nd and on all equip~nen~ snd psrsonally covered by thit mottg- ~ p~, wilh •II premivms therea~ p+~d in futl, hre intuanc~ in tM usual t/anderd policy form, in e sum ap~xovrd by the MORfGAGfE, end w~ndsto~m ~n~uranc~ in the u~ual i~andud pol,cy fam. in ~ ~um app.ov~d by ~M MORTGAGEE, in ~w.h compa~y or tampan~es as the MORIGAGEE may di~~ct; ~nd ~U fir~ and wind~wrm inswa~ po~iue~ on any of ~aid build~rqs, any iMe~est the~ein or pat fF.ereo(, in ~he a9fl~ega+e wm alwese3d a In ~attss ~hereof, fMll contain t1N vtwl stu+dard mat9yee cl~uw a wch otha clavie ~M Mo~~yagee may requ~r~. ma?inq the Ioas under sa~d poli- c~a, each and ~ve~y, payabt~ b s~~d MORTGAGEE as it~ intnesl may +ppear. +nd each and ~very iuch po~:cy shall be prompuy ass 9netl a~~d de~evered ro any held by said MORTGAGEE ~s furrF?N ~ec~rity to said mwtya~~ d~bt, ~nd. ~o~ lea tha~ te~ (10) day in advance oi the expirat~on of e+ch pot~cy, to dr live? to t~id MORTGAGEE ~ rawwal th~rwf, toq+ther with • receipf fa the pr~mium of svth renewal; and ~here thall be no fi~e or w~nds~o~~n insursnce pl~ud on any of uid build~npi. ~ny inter~u tl+a~in o~ p+~l the~wf, unlsss in tM form ~nd wi~h ~M los~ payable as afwsiaid; and in d,a ev~n~ any ~um o} ,~~y ~a„~~ p~y~~~ ~nda ~uch pol;cy w polKas s~id MORTGAGEE sMll Mw ~M ophon to receive and app~y tha s+me on accoun~ o~ the indabted~ ness utured hNSby or fo petmit faid MORTGAGORS to reteiv~ ~nd uf~ il p any part thereof tor ether purposes, v.~~hwt th~n ui waa.~ or ~n,pa~~- infl ~ny puity, IiM p ri~hl under w by virlw of thii mwtyaps; +nd in 1M ~vent uid MORTGAGORS thall fa any reawn fail to keep the satd premises so insured, w fail b deliver prOmplly any Of s~id po~ities Of insurant~ f0 laid MOtiiGAGEE, o~ fail promptly to pay fully iny pre~»ium Iherefor w in a~y respect fail ro pNform, dixM~yt. execW~. •ffett. compl~ts. comply with ~nd ~bide by this cove~+en~, or ~ny par~ hereol, uid MORiGAGEE may ptace and pay (w t~ch intu~antt o~ ~ny par~ ~M.wf wiihout walvinq w ~ffactir?p any op~ion, li~n, eqviry, w r~ght under w b~I virtue of ihis Mortgage, and ~he f~ll amovnt of e~ch ~nd twry such p~ymN+t shall be immediately dw and p~yable ~nd sMll be+r interese from ~hs dats tAereof u~til pa~d at tM rat~ of nin! peI CMtum per annum and to~ether wiih such inte~est shali be stcurcd by iM litn of thit mortpape. ~ I. To pKmit, commit w suffN no wait~. impairment w dete~ioration of a~id property a any part thereof. ( • S. to pay all and iinpular the co~ts. cMrye~ and expensea, includinp ~ reesonable sttorney'~ fee and cos~s of abstracts oi titte, incurred o. Qe~d a: any time by said MORTGAGfE, becauae or in tlw evem of tM fa~lure on tF?~ part of ~M iaid MORTGAGOR to duly, promptly and fuily perlorm, d~uherge. execute, ~(let1, compl~t~, tomply w~th ~nd ab~de by ~ath ~nd every ths stipul~lwns, ayreeme~n, conditiorts, snd cove~ants ot said pro~~~asory note and this mort9a~ any w either, and sa~d cossa, char9es and t~penses. e+ch ~nd tve~y, sM10 b~ immediately due a~+d psyable: whefher a not ~here be ~o~~ce d~ mand, atlempt fo collect w suit peodinyt ~nd tM full a~novnf of eath and tvlry such paymeN shali bee. iNeresl from Iha da+e ~hereot until psid at 11~e ra~e of nine {x~ cenWm per ~nnum; and all said tosts, charpet and e:penses intmred w paid, together wuh such iMerost, fhall b~ secured by the I~en of th~~ ~ rtartpay~. b. That (a) in the evenf of any beach of this JNort~pe or deFau~~ on the pa?t of the MORTGnGOR, or (b) in the event any of sa:d sums of money herein referred to be not prompt0y snd fully paid wi~hin thirty (30) days next af~a the same severatly beco~x due and payabte, wi~hou~ demend or no~~ce, or (c) in the event cach and wery the atipulations, agreemt~ti, cond~tion~ and covenern ef sa.d promiisory no~e and th~• mortgaye any w e~~her are no~ iuty. promptly and Iully perform~d. d~xMrged. executs~. effectcd. compteted. compl~ed'wifh and ab~ded Sy. then in e~~her w any such event the sa~d aq~ gregate sum nxntioned in iaid promissory note then remaininy v~pa~d, ~w~th interest ~ccrued, and all moneys ucured hereby, shall become due and pay- ab~e fcvthwith, w thereafter, N Ihe option o+ ssid MORTGAGEE, ai fully and completety as if all of the said sums of mo~ey were onylnalty it~pulated ro be paid on such day, anythinp in said prom;sswy nate w in this Mwtya9e to the contrary notwiths~anding; and th~:reupon or the~eafter st the opnon of said MORTGAGEE, w~thout notic~ a demand, iuit at I~w ot ia ~quity, tM~efa~ ot thereafter be~un, may ba p~~uted as if ali money tecured hereby hAd matured pt~Or to ~ts inititution. 7. TMt in ths eve~t thN at tM beginninp of w at ~ny time pending ~ny iuit upw? thi~ Mo?tgage, oc to foreclose it, o? to reform it, w to enfwc~ paymcnt of any claims he+cundet, uid MORTGAGEE sMll apply to 1M Cou?1 Mving jv+isd~ctioo thereof tor the appo~ntment of a Receive~, such Court shall ~ FortAwith appoint a receiver of said matp~ged proo~rty all and singutu, includ~ng all +nd sing~tu the income, p~ofits, issues and revenues from whatever ? so~rce derived..each and evcry of whKh, it beinp expreuly understood, is he+eby mwtgaged as if spec~fically set fo~th and dew~bed in the g~antii~g and ha.xndum clauses hereof, ar+d such Receive~ shalt Mw all ths boad and effec~iw functwns and powers in' anywisc entrusted by a Cou~t to a Rece~ver, and such appoinimen! shall be msde by such Court ~s ~n admitt~d pvily ~nd a ma11N of ~bsolute right to taid MORTGAGEE, and witAout re(erente 1o the edeauaq or inadeq~acy of the vslve of the property morf9a9ed or to the wwency w insoivcncy of said N10RTGAGOR a the defendants, a~d that such re~~s, ~.of~ts. income, iss~cs and ~evenws sha~l be applied by iuch Receiver eccad~ng to the 1'an w equity oi sa~d MORTGAGEE and the prauice of such Court. 8. To duly, promptly and fully perfwm, dixharge, execute, eflect, mmplete, comply with and abide by each and every the stipulatioru, syreementi, ~ condit~o~s and cove~ants in sa~d promiuory note and this mwtgage sel fplh. 9. That in the event the ow~u~ship of the mortga9ed premises, w any part thereof, betomef vested in a perwn other than the MORTGAGOR, the u MORTGAGEE, iti succeuo~s and +uigns, may, without notice to the MORTGAOR, desi wi4h such succesaw a tuccessor in inlerest with relerence to this n•ortgage and the debt Fxreb~ setured in the sartx m~nne? as with Mo~tyagq without in any way vitiatiny or dixha~g~ng 1he Morlgagori lisbility herr unde. ot ~pon ~he debt hereby secured. No s~le of the premises hereby mo.tgaged ~nd no (orbearance on the part of the MORiGACaEE a ifs successors or as:~gns and no extens~on of the time for the payment of ~he deb~ hereby secured piven by the MORTGAGEf or ita succsas«s or eas;gns, s~wll operate ro release, d~xharge, mod+~y thange o? affect the wiginal tiab~lity of 1!x MORiGAGOR herein, either in whole or in part. 10_ ~t is spec~fically agreed that time is oi the csxnce of this coneract and that no waiver of a~y ob~~gaf~on hereunder or of the obligation se- c~red hereby aMll at any time Ihereafter be held ro be a waiver oi the terms hereof w of the instrumeM secured herby. ~ 11_ In add~t~on to the forego:ng monthly payments of princ'pal and in:erest requ~red by the prom:saory no~e secured hereby, mortga~or covenants i and agrees to pay to mo:tgagce with each monthly payrnent an add~rional sum est~n,ated by mortgagee to be eq~al ~0 1/ 12 of the annual cost of the toliow- ~-.g: . A-All real prope.ty taxes levied w asusscd against the above described real es~ate. B-Prem~ums on fire and windstorm insuracce as he.ein requ~red to be carried on tfie +mprovements s~tuate on the above described premises. C-Premiums on wch mongage gvaranty insurance as mortgagee shall irom t~me to time deem fit to carry on tF+e ban secured hereby. ; Mortgagee sha!I from time to time notify mortgagor in writing of the amount d~ and payabie hereu~der and such sum shall thereupon be due and ~ayable on the due date of the ~+ext monthSy payment and each successive month ther fter urtil martgagee shalt notify mortgagor of a change in such e-,ount. Such sums sF.a:f be applied by mortgagee toward the payment of real property taxes, insurarxe prem:ums, and mortgage g~aranty insurance i ; ~emiums. • ~ IN WIiNESS WHFREOf, t uid MORTGAGOR has F?ereunto set his hand and xal he dey and year f'rst afwesaed. ~ Si9ned. Se, , de' in the presence of: ~ AN~ R ~ ~~~ua?~ ~4+~~~r 4 . ~y ~ .n ~ r ~o~E~ ro~TaA~ ~ cs~.n ~ _ c~ER~ ~~;F~~O ~v. . ~ R[COI?0 V~ ~se.n ~ ATE OF FLORIDA ~`O ~ ` ~ ~ 204353 ~ S2. UJCIB ~ ss. caurm oF ~ T~10~: M. COX ~ Befwe me pena++lly appeared a^d 1.O1l~iQ S• COX his wi(e, to me wrll known and known to me to be ~ fhe individwls desuibed i~ ~nd who executed the fwe9any instrum~nt, end ecknowledged before me that they executed the same for ehe purposes ~ therein lxpressed• And the Nid IDUise S• ~Ox ~ TbO~df 1?'~. COX upon a sepa.~te and ~v~t~ «~~e of the said P~ ~ e,aminaiwn by me take~ sepa~ate +nd spa?t from her said husband, +ckrwwkdged to and before me that ihe exetuted said instrument (reely and volur?- sar~ly and withwt any compuls"wn, constrai~t, apprehension, feu of or from her uid husband. F WITNESS my hand and office~l se~l this d~y of Iuary A- p• ~q 71 A Noury PuW' and fa the State of Florida ~t lsrpe ~ W 5 i~ ~~r r- ~ c; ~-2 ~ UA - My .x~;.~.:,~! 6, ~ c~ ~ DOCUMENTAo~`~c STAMP TA'~ a T,¢, - ~ ~ - Ff8-8'71 jf~~=T _ " `~~~~~~iut ~~~j_t ~i • ~ _ - . . ' c°~ _ 4 ~J Q= `:~;~,,ti: ,~ty tc..~ , } f::a, ~!~S,t1911~ ~ . ` 'vl~.•~ iT~~ / ~ v~ cet~+a~acuEa _ - ! ~ms~ e~ 1•~• ' J~ `~.~tt~ ~ ~y~ e..~a. i,:s t ti.~uftr sa ~ p8.1!@139 _ ~ . ;f,y~/i ~e . . ~ •1~.»Q y ~ J~ ~ G ~ This lnstrument Prepared By John W. Collin~, rc = ~ First Federal Savings d~ Loan Association ' ~~y::~ 4~~~~ ~ of Fort Pierce ~ Flotida .e Q~ J'•, . ~ '~t?: ~i .....v~~ 0 : ~ Checked . ~ ~ ~R S~:` BOOK 190 199 ~ ~ - 4 ~ ^ L ~ ~ _ - ~ ~ , ~