The URL can be used to link to this page

Home My WebLink About1142 , - . . . To plxe and contiouously ksep on the bui!ding~ now w Mreaftu ~ituate on sa~d Isnd and on alt equ~p+nent and personally covered by this matg• ; eg~, with dl premiums ~hereon pa~d in fuli, fire insunnce in the uewl standard pot~ty fam, in a sum appro~ed by 1he MOR~GAGEE, a~~d windstw~n ; ~nsv~anc~ in tM uiwl siandard po6cy lorm, in • ivm approved by the MORTGAGEE, iuch company or canpames as ~he MORTGAGEE may ' d~rec~; a++d all fire a~d windstorm inwru+c~ poliues on anY ef ss~d bu~ld~nys, any in~erest there~n or part thereo(, in the aygregs~e s~m afwesa~d w ~ in eac~sf the~eof, thaU conlain tM uiwl sqndard mo+~g+9N t~aus~ or iuch o~her clauss at tM Mor~qayrs may requ~re, maAing Iha loas unde~ sa~d po~~ c~ea, eath ~nd every, payable ro s~id MORTGAGEE as ~~a inlere~t may appear, and each and every ~uch po~~cy shaU be prompNy ~ss gned and dei~vered ro ~ any held by s~id MO~iGAGEE as turrher iecur~ty to i+~d mor~pa9e debt, and, not tess than ten (10) days in adYance of the expirat~on of each poi~cy, to de- , Gver to said MORTGAGEE a ~e~+ew~l tMreof, to~ethK with a receipt fw the p~emium of suth renewa~; and there shatl be r+o f~re or w~~~ds~c~m insurance plxed on any of said buildings, any inleratt therein o? put thereot, unlesa in the form and with 1F+e loas payab~e as a(o~esaid; and in the evenl a~y tum of money becomes payabte under tuch po~ity or Po1K+es ~+id MORTGAGEE shall have tM opnan ro~ece~vc and a, pty the u~ne on accouro oi the ~~~debt.d- nesa setured hereby o~ to petmit s~id MORTGAGORS to receive and ~u it p any part thereof tor ofner p~rpotes, .•.~~ho.,t ~hr~ui .~~~~~+3 ~~~~p-~~- ing any equ~ty, lie~ p ripht under or by virtw of this mo:t9+ge; •nd in Ihe eve~1 u~d MORTGAGORS shall (w any reason fail to keep ~he sa~d p~e~n:ses so insured, w fsil fo deliver promptly any of said policie~ of insura~ce b said MORTGAGEE, or fail prompfiy to pay fully any pre~~~~~~n ~hcrefor o~ in a~y respect fail ro psrform, discha?9e, fl[KUtl, tffett, tompfete, comply with i~d abide by thii covenant, w any part hrreo(, aa~d M.7RiGAGEE may p+ace a~~d pay fa tuch insurance or any part thereof without waivin~ or affattirg a~y optiw+, tien. cqu~ty, or right under or Ity virtue of fhis Mortgage, and tht f~ll amaunt oi each and erery such payment thall be immediately dw and paysbte +nd shal~ bear inte~est trom the dats thereof um~l pa~d at ihe rata ol : ~~ne per centum per snnum ar+d to~ether with such interest shatl tx secured by ths litn of thii matgage• # 1. To ptrmit, commit a wffer no waste, impairmem or drroriaation of i~~d props.ty w any part thereof. S. To pay all ~nd singulu tM cwts, cMryes +nd expenses, including a reasonable altorney's Fee and cos~s of abstracts of t~tle, incur.ed or Fi~d a~ any time by said MORiGAGEE, beca~x or ie the eveM of the failure on 1he part of the ssid MORTGAGOR to du~y, p~«np+?y and fulty perlwm, d~scharge. >xecute, eliec~, comp~ets, twnp~y w~th and ~b~de by each ~nd every the stipulai~ons, agreements, co~difions, and covenartr~ of said promissory rtote e~:d ~hi~ :r.ortgage any o~ eitAer, and said coata, tharges and eapenses, esch and every, ihall be immed~etely due and payable; whether a not ~here be r.of~~e d~ mand, attempt to col?Kt q suit pend~ng: and the full amouM of each and every a~ch payrr~rm shall bea~ inreres~ from the date thereof ~ntil peid at tl~e .a:e of n~ne per centum per an~ium; and all said costs, charges and eapenses incurred a paPd, togefher w~th wch ~roerest, shafl be secured by the I~rn of th~f mortpspe. 6. Tl+a~ (a) in the event oi any breach of this Mortgage o? default on 1F,e part oi the MORTGAGOR, or (b) in the event any ot sa:d sums of money herein re(erred to be not prwnptly and (ully paid within th~rty i30) dsys next atter the same sevr.atty become due and payable, wi~houl de~nand w nonce, or ;c) in the event each ~nd every tM stipulations, agreements, cond~~ions ar+d covenams of sa•d p~omissory note and ~h~s mortgage any or e~ther are not ~~Iy, promptty and fully pe~fwmed, d~schar~ed, eaecuted, effected, completed, compl~ed with and abided 5y, then in e~ther a any such e~e~t the u~d ag gregate wm mentioned in said p~omissory ~ore tFxn ~emaining unpa~d, with interest accr~ed, and all moneys xcured hereby, shall brcome dve and pay~ eb:e forthwith, o~ thereafter, at tM option of said MORTGAGEE, as fuily and completefy as if all o( the sa~d avms of money were or,ginally st~pu~ated !o be pr~d on sucfi day, anything in sa.d prom~sswy note o? in this AAortgage to the comray notwi~hstand~ng; and thereupon or thereafter at th~ op~~on oi in~d MORiGAGEE, wi~hout no+ice or demand, suit at law w in equity, therelore a thereafter begun, may be prosecuted as if all moneys secured hereby nrd maWred pnor to ~ts imtitutan. 7. That ~n the event that at the beginn~ng of w at any ~ime pending any su~t upon this Nlortgage, or to toreclose it, or to refo•m it, o? to enforce payment of any daims hereunder, said MORTGAGfE shall apply to the Court having jur~sdicrion ~hereot for the appomlment o~ a Receiver, such Covrt shaU fo~thwith appoint a ~eceiver oi said mortgaged prooerty all and s+ngular, inctud.ng ali and singular the encome, Frof~ts, iasues and revenues f~om whatever source derived, each and every of which, it being exp~essly unde~~~ood, is hereby matgaged as if specd~cally xt forth and deur~bed in the gran~ing and habendum clauses he~eof, and such Receiver shall Mve all the broad and effective funct:ons and powcrs fn anyw~se entrusted by a Co~rt to a Recr~ver, a~;d s_ch appointment shall be made by such Court as an admitted equity and a matter of absol~te nqht ro said 11ROR1GAGEE, and w~thout reference to tne ad~qvaq w inadequacy of rhe valve of tlx p~operty mwfgaged or to fhc so~vency w i~solvency oI said MORTGAGOR or tlx defendants, and tha~ such ~evs, profirs, income, issues and revenues shali be applied by such Receiver accorduig to the lien or equity of said MORTGAGEE arx! the pracGce of such Court. 8. To duly, promptly and fully perfwm, diuharge, eaecute, effect, mmplete, compiy w9th and abide by each and every the stipulations, agreements, iJ~IfIOR! and covenants m u~d promissory nore and ~h~s mwfgage set fath. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a pe~wn other than the MORTGAGOR, the M.ORTGAGEE, its su:cessaa and assgns, may, w~ihovt notice to the MORTGAOR, dcal w~ih such succeaso? or successor ~n interest w~th relere~ce to th~s r-,ortgage a~d the debt herety sKUred in the same manner as with 1Nortgago~ without in any way vitiating or d~xharging the Mortgagors' liability here- ~~der w upon the debt F~ereby secured. No ssle of the F~emises hereby mortgaged and no forbea~ancr on the part of the /110RTGAGEE or its s~ccesso~s or ass~9na and no eztens~on of the time fw the payment of the debt hereby sec~red given by the MORTGAGE'_ o+ its successws or ass~gns, s~zall opera~e ro releau, d~schargt, modify change or affect the origmal liabil~ty of the MORTGAGOR herein, either in whoie or in part. 10. It is specifically agreed that time is of the essence of this co.~tract and that no waiver of any obl~gat~on herevnder or of the obligation sr cv~ed hereby shall at any time thereatter be held to be • waiver of the terms hereof a of the insrr~ment secu~ed herby. 11. In add:+:o~ to the forego:ng monthfy payments of princ pal and interest reqwred by the prom:ssory Ro!e secured hereby, mor~gagar covenants a~d agrees to pay ro mo-tgagee v.ith each monthly payr,:em an add~uoaal sum est:maied by mortgagee to be equaf ~0 1, 12 of the a~~n~at cost ~f the fo~iow- ~ng: A-All real p~operty taxes Irvied w assessed agai~st thc above describ~d rea~ esta!e. B-Frem~v~ns on fire and windsrorm insurar.ce as hrrein ~equ~red to be carried on the ~mprovemeats sltuate on the above desu~bed premises. C-Pre~n~ums on such mortgage guaranty insurance as mortgagee shatl from t:me to ti~r.e deem fit lo carry on the loan sec~red hereby. Mortgagee sha:! f.om time to time notifv mortyagor in writing of the amou~t d~e and payable hereundrr and such sum shafl thereupon be due and ~ ; ayabte on the due da!e of the ne¦t month:y payment and each successive month rhereaher ur.til mortgagee shall ~onfy moctgagor of a chan~e in such e^,ou t. Svch su~ns shali be appl~ed 6y morigagee roward the paymeN of reat property taxes. inwrance prem,ums, and mortgage guaranty insurance p~ it~ns. ~ iN WITNE HERE f, rhe s- MORTGA has herevnto set his hand and seal the day a year 'rst a esai ' e- Signed, n/deliver n the pr / ~ E ~ l a1) ~ irven } ~ O fl . (Seal} t _ c w~ C- ~ c - c~u--~-- 1~ _ n~p csNn ~ p ~ cs~~o ~ SiATE OF FIORIDA ~ ~ S T . JOHNS ~ y COUNTY OF I ~ Befwe me perwnally appsared John F• Sirvent and , SoFhie Sl=V6At his wife, to me well known snd knawn to me fo be ~ tha indiridu~h described in +nd who eaecuted the foregoe~y insrrument, and acknowledged befwe me that they executed the same for the purposes ~ ?fierea~ e s.-N?d ~h. .~~d Sophie Sirvent _ s ~ ~,{e. ~j^~ John F. Sisvent _ s sepuate and priwte 6 u ~c ~qp: , el~, Npante and apart trom her said husband, stkreowledged to a~d before me that she exetuted said instrurt+em freefy and vaun- j at~~, ; ~y.~oaypulsion, constraint, apprehena~~o( fesr of or from Fxr sa;d husband. ' y:' rid qffic~+l seal this Zl dsy of '~A. D. 19~_ _ , ~ _ ~ - ~ J ~ . ~ ~ ' r . /iq - ~ . ' L~_ 7C !-~1 C i ~ . _Y L. "'-~rti; _ c~'~~~A Q~=`~ ~ ' ota.y Public in ~nd fw the State of Florida ~t larye ~ - yr ~~A L.~ y Comm~ss~on ~xP~.~.: October 31, 197 2 F'' 'k ;a~ ~ fILEO I~NQ REC R ~ ~?,~«;at;o~ ~r. r~yc~~ cou~,~ir g OCEIi POlTq~~ ~ . ~~'~i~ ~ ~Lr~ Fsit P,erce. ~iERK CIRC41it ~'r0 ~ ,,~~~~1'~~f~N~~Pierct, Florida ~ • AEEOAD yCRiFIE~.~,~,~~ fEe 13 I~ zi ~M'? 1 ~ This.lnstrument Prepared By John W. Collins first Federal Savings b loan Association ~ of Fort Pierce~ Flozida ~OA~~O ~ ~ Y ~ Checked By , ~ Boox 1~ ~ ~ , ~ r _ , - . - ~ ~ ~ ~ . . .v _ _ _ . e . _ w~ , _ _ a