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Home My WebLink About0346 _ i - . , . j . : ! _ ~a - . _ , , _ ~ - _ _ , ....r _ . _ r _ t. r . - : - , - - - ~ti~:~-~ _ ~ • . . . 4 3. To plect •nd continuously keep on ~M Cui!d~ngt now or hereafter ~i~uate on said land and on ali equip~nent and personally covered by Ihif ma1¢ ~gs, wilh all premiums thera~n ~a+d in fuU, f~re insurance in ~he ~si~at s~a~~la~d Poiccy 'o~m, i~ a sum approved by Ihe MOR7GAGEE, and winditorm insur~nce io the usval s~andard pol~cy fonn, ie a s~m approved by the MORiGAGEE, in such compu+y o~ compan~es _~a? ~ha MORTGAGEE may ' ~i~ectt ~r+d all fi~e and wf~xls~orm i~surance potrc~a on any of sa~d b~,Hd~ngs, ~ny interaai ~he~ein or part thereol. in the aygrepa~e tum afwesaid w in exc~s~ ~he~eof, thell contain ~he usual ~tanderd mor~gages dause w such other ciause as ths Mat9a8ee may requ~re, makinp ~he loas v~Ja sa~d polF cies, each and every. pevable ?o said MORTGAGEE as ~ts irorrest may eppear, a~~d each and every tuch pot+cy shall be p.omptly ass gned a~d de~ivered to ~ny held by said MORIGAGEE as (u~~Fw:r secu~ity to ~aid mort9~qe Jebt, and, no~ less ~han ten (10) days in adva~~ce of fha expira~ion of each policy, to d~- liver to taid MORIGAGEE a renewal thereof, toge~her wiih a rece~pl lor the premwm of such renewat; and there shali be no lire or w~~~dstorm inwrante placed on ~ny ol s~id bvildings, any imerest therei~ o~ pa~i thereof, un!rsa i~ the (orm snd with the ~oss payabte as aforesaid; end in 1he eveN any sum of money becanes payable u~xk~ such poticy a pol~ues wid MORTGAGEE shaU have the opt~un w rrcr~~e and appiy the sa~»e 071 dC.OJ~1T ot the indebted- ~eu ~ecurrd hereby a to permit said MORTGAGORS to receive and use if w any pa~t ~he:•.of lo~ o~i~~~~ y;u~posrs, ~.~~ho~t th,n wa~v~ o~ unpai.• ing a~y eqvity, lie~ a righl unde~ or by virtue of this mo: tgage; and in ihe event sa+d MORTGAGORS shatl fw any reasu~ fail fo keep the said premi~o~ so in~ured, u fail to deliver pranp~ly any ol said polKies of insurance to sa~d MORTGAGEE, or fail promptly to Fwy fully any p~e~+uum thcrefp o~ in a~y rrspect fail to periwm, d~scherge, exetute, effect, complrte, comply wi~A and abide by this covena~~1, c~r aq~:part heroof, sa~d MORiGAGEE may plate and pay fw such insurance w~ny paH thereot withour waiving a affecting any opiion, lien, equ~ty, or ngM undei 'or by virtue ot this ASatqage, and tht full amouM o( each a~d every sucA payment shall tx ~n~mediately d~e and payae~e and sh~ll bear interas~ trom ~ho dale thereol until pa~d a~ tF~e rate al ~~~ne per centum per annum ond to~r~h.:r wish such infrrev sh~u br s~cured by the I~en of th~s mortgage. 1. To permil, tommit w suf(er no waste, impairment or detenoratbn of aaid property or any pa~1 thareof. 5. To p~y all and singul~? the cost~, charges snd expensrs, includ~ng a ~ca:onable attorney's tee and costs o( abstrac:t of title, i~curred or paid at any time by said MORIGAG:E, because a in t~e even~ ot the la~lure on ~he par~ of ~he sa~d MORiGAGOR ~o duly, p:ornptly snd fu~~y pa~form, d~scharge, execute, eltet~, complete, comply w~th and ab;de by each and rYrry the stipu~aa~ons, agreemeMS, co+ditions, and covenants of sa~d p~o~nissory note and thi~ mortgage sny or ei~her, and sa.d costs, charges a~~ expenars, each and every, shall Fx imm~d~atety due and payablr; whether or not there be notice dr mand, attempt to collect u suit pend:rgi and Ihe fu!I amounl of e.~ch and every such paymeM shali bea~ intrres? from the date thereof until paid at the r,,~e of nine per caMum ~~ar a~~~~~:~~; arw all aaid coits, cnarges a+x1 rx~;~•r•ses incu~red or pa1d, toyrther w~th wch inte~est, shall be secured by the lien o~ thi~ mwtgaye. 6. That (a) in the evant of any breach o( thia 1Nortgage or defauts on fYw pa.t of thr MORTGAGOR, or ~b) in the event any oI sald sums of money herein referrrd to be not promprty and tully ps:d w~thin th,rty ~30) days n.xt a+~rr ~he same soverally beco,ne d:,e ar,d payable, wi~hout demand or notice, or (c) in tht eVem each and every the s~ipulatio~s, agreements, co~ldno~~s and c~venants of sa.d p~onuisory note and ~h~s mortgage any or e+ther are not ~uly, promp?ly and tvlly performed, d.acha~ged. executed, e~fected, compeeted, tampGed w~th ~nd ab~ded Sy, then in e~thsr w any such eve~t the s+~d ag gregat~ ~um mentioned in sa~d promissory note thrn rema~ning un~a~d, with intrre;t accrued, and ati moneys sewred hereby, sha~i become due and pay~ ab~e fwthwith. or ~herrafter, at the opt~on ot said MORiGAGEE, as fuily a}~rt completciy as H all of the sa~d sums of moncy were or~g~naily itipviated to be paid on such d..y, anything in sa d pro:n~sswy n~te w in this Aiortgage to ~he conrra.y no~.v~~hsu+~d~~~g; and ~hcrrupon or thc~eafter al rhe op~~on of sa;d MORTGAGEE, wnhvvt norice w dema„d, suit at law or in•equ~ty, the~e(we or therrafter beg~n, may be urosecuted as if all moneys secured Fw_ eby nad mafured pr~w to ns ~nstituhon. 7. Tha? in ~he evr~t that at ~Iv bcyinn~ng of w at any time pend~~g arty su~t upen this Mortgage, or to foreclose it, or to reform it, or fo enio?p payment of any tlavr,s he•euntier, sa~a MORTGaGEE sheli appiy to the Court hav~ng iunsd•a~on th.reoi fw ti~e appointmenl of • Receiver, tuth Cov~t shall forthwith appo~nt a recr~~er of said nwrtgagcd prooc~ty aIl and siny~lar, indud ng a:i and smgu~ar the income, prohts, issues and reve~ues from whatever source de~ived, each and every of wh,ch, ~i be~ng exprossfy u~derstood, ia hereby mo~tyaged as if spec~fically set forth and deuribed in the granting and habendum clauses herec~f, and wch Recener shall have all the lxosd and effec~:ve (~nu.ons and powen in anyw~se em~wted by a Covrt to a Recriver, and s~ch appointment shau bc made by xnh Court as an ad•nitted equity and a ma~rcr of at,so~~tc right ta said MORTGAGEE, a~d witlwut refero~te to fhe edequacy w inadeqvacy ot tha val~e o( the property mo~+gaged or to ~hr sowrncy or ~~~io~vency of sa~d MORIGAGOR or the defendants, and that such renu, profits, intorr.e, iuues and revenues sh,?ii be appl~ed by wch Rece~ver acco~d~ng to 1he lien or equity of said MORTGAGEE and the practice of such Court. 8. To du~y, p~o.:+p~!Y and fully perform, d~scharge, execute, effMt, co~np(ete, co~nply w~~h and abide by each end every the stipulations, agreements, conditans and covenants +n sa~d pron,issay :.oTe and th:s moregage set fo+~h. ~ 9. That in the even! the ownership of Ih~ mortgagcd prem~ses, or any part fhereef, 6ecwnes ves~ed io a peison other than the MORTGAGOR, the h!ORTGAGEE, its wctessors and ass~gns, may, w~rho~t notrce to the A10RTGAOR, deal w~th such successor a wccessw in ~nterest with reference to this mortgage and the debf herehy secvred in the same ma~ner as witF. f.lortgagor without in any way vitiating ,p d~schaigiru3 Ihe Mortgagors' liability hert under p upon she debt hereby seci•red No sale of the prem~ses h~•reby mortgaged ard no ferbea•a~~ce on the pa~t of the MORiGAGEE or its auetessors or ass~g~s and no exrens~o~. of the Nn~e for ene payme:+t of the drb~ hercl~y secured g~ven by the ~~10RTGAGE~ o~ its successws a auigns, siiall operate ; ro reiease, d~xharge, mt,d+(y change or aEFect the origmal liao:::ty of the kIORTGAGOR here~n, eitt~er in whole or in part. ' 10. It is speNf~cally agreed that time is o~ the essence of this comract and ~hat no waiver oi any obfigaGon hereunder or of the obliyatiw~ st cured hereby shall at any time Ihe~eafter be held fo bt a waiver of the Irrms hereof or of the instrumeM tecured herby. I1. In a3d ~!o ~he fo.eqe n~ month'y payments of pr~nc pal and interesr raqu~r~d by tf~e p+om:ssory nore scc~rnl hereby, martgagor eovenants and agrees to pay !o :r.orignyee x~rh eech rnonthly pay~ne,rt an adti~i~onai sum est~~ea~ed b~ mongagee to be equa! to 1~ 12 of the annual cost of the follo~v- ing: . A-AII n~e' Froperty taaas le.~_~~ or assessed ayer~st thc above desc~ibed ~,al estate. B-Pr~~., ~•:•s on G.r and w~ndsrwm J~wra~cr as herv~n rcqu:red to be ca:.~cd o+1 the [m,.rovementa aituate on the abova d=icri6ed prem:ses. C-Prer. ;un s o i suth n-ort,., ~ge guar3rty ~esur~-.ce .+s mortyagee aha'1 fro~~~ tr:~e to t~me deem f~t to carry on the toan secured hereby. Mwtgag~e r~ ~i' ~•nm t~.ne to ~.me r~c+t~fy mortc,;ger ~n wr~tn,g of the a~:.ov~t d~u and payabie hereunder and such wrn sh.~il thereupoo be due and ~ ' ~ayable on thr due ci~te ef Th~ nexr rnonth:~ paymant a=.d each success~ve mon!h ~hereafrer ur.!il mortgagee shatl not;fy mortgagor of a change in such • ; a~~ount. S.xh su ns sh be ap~~iied by •ao•tgay:e toward the payment of rea~ property taxes, insurmxe prem:ums, a~id mortgage guaranty insurance t 1 p•emiums. • 4 IN WITNES~ 'NHEwE ~f. rhe sa~d MORTGAGOR has here~,nto xt his hand and sea~ the day and year fint afo~esaid. i i Sig Seated and detiver 'n the pr ence of: ~ i ~ ~ _ ~ _ - ~ iSeal) ; ~ ~ ~ ~n E • ~ ATE OF FLORIOA ~ ~ ST. WCIB u" couNTr oF _ ~ Befwe me pe~sonally appeared _ _ RObQlK C. FrazRS _ Mi=V~TlQ I==aIOZ his wife, to me well known and known to me to be the individwls described in and who executed the fwegoing instrument, and acknowiedged befwe me-that they executed the same fw the purposes therein e:pressed. And the sa~d- _ ~=V~A~ r'ra2Qr ~ w+fe of the said R~elt C. Fruer upon a scpa?ate and p~ivst~ examin~t~on by me taken sepa~ate and apart from her said husband, atknowledgcd to and before me that fhe executed said instrument freely ~nd volurt- ~ innly aod wi~hout any compwsion, constraint, apprehe~s:on, fear of or from t~er said husband. ~ WITNESS my hand and of!iNa: seai tn+s__~~_.-- day of___ ~ ~ril A. p. lq 71 ° - i , ~C~ C~2~~ € . Notary Pubiic in and fw the State of Florida et lar~e v My ~~}si~}se~irSTATE OF fLOR10111 AT uI~E ~ Re?um To: CMMISSION EXPIRES SEPT. Z3~ j~j ~ First fedenl Savin s b loan Associat~on ' ~ 9 ~.•~~Z.,..:..: 60[iDED ilU~l! fW~e IL p1ESTEt~pRR ~ 01 Fo~t v _~ce r•~--- ~ Fo~t Pierce. Flcnda , ~ ~r , _ ~ 'Q-: a=.~ . ~ Q ~ C t.~ ~ 'a ~ ~ • ~ -t?'~'~'` ~ ' - f1~E0 AND RECOROE~ ~ ' ~ " ~ 1-~ ~ ~ ~ ' ~ ~ iT. LUCIE COUNTY iLA. ~ P Y John W. ~0.~'' ~r:~ : • = ~ ~ This Instrument Pre ared B , a,~, .r _,,q : ROCEf4 POITR~S ~ First Federal Savings & loan Association .s,'•.~''-~~ • CLERI~ CiaCU1T COUIIT ~ of Fort Pierce ~ Flotida RECORD YERIFIEO~~ ~ ~ . ~l;:; ~ O ~ Anr 30 I y2 PM'? I Checked By - - . . - ~ - . , . ~~o~..~x~-~- ~ OR ' ~Q~ ^ ~ k' ~ _ - - > - . _ - • ~ ~s . ~ . _ . ~ ;