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Home My WebLink About1371 To pl~ and tontinuously kMp on ~M bui:din~s now w htreaftK situs~e on sa~d ~snd and on all equipme~t and pe~wnally covered by tAis mortg~ ~ ag~, with ail pr~miums 1he~~oe~ pa~d in full, fi~e in~v~ante in Ihe uiual slanderd policy form, in ~~um ~pproved by the MOR~GAGFE, and windstorm ! insur~nc~ in tM u~wi iuodad policy fam, in a wm approved by ~hs MORTGAGEE, in such comp~ny or companrcs as the MORTGAGEE may dir~ttj ~nd sll fi~~ ~nd wintlstotm insur~~ policiss o~ any of ssid build~nys. any interest rhe.ein a pa.t thereol, in the agg~eg~re sum afaesaid a in ~xctas thcr~of, sMU ca+tain tM uswl itandud mortga9ee clause o~ tuch o~F?a ciause as the Mo+tpag~e may requ~re, making the io~s u~ sa~d poli- ! cit~, ~ach and ~vtty, payabl~ ro said MORTGAGEE a~ it~ interest may appea?, and eath a~d eve~y such pot~cy •hali be promptly ais.gned and delivrred to ~ny heW by uid MORTGAGEE as fur~htr security fo said mortpafle debt, and, r+ot leu Ihan ten (10) dayt in advance of ~he expi~at~on of each policy, to de- liva to uid MORTGAGEE • r~newal thtreof, Iop~tMr with s rcceipt fa the pr~mium ol iuch ~enewal; and thero shall !x ia f~re or windito~m inturance pl~ad on ~ny of said buildinpi, any i~te~e~t tF+~rtin or part thareof, unleu in the fwm and wi~h ~M lo~t payable ai a~weuid; a~d in the event ~ny tum of nwrMy becom~~ pay~ble undN ~uch polity p polici~s iaid MORTGAGEE ihall have ths opnon ~o rcceive and apply tha same o~ accoun~ of ths indebted- neu ~cv~ed Mr~by w b pOrmit ~aid MORTGAGORS f0 ~ettiv0 and u3~ i1 Ot any patt IAereof for osnc~ purpous, tivi~ho~t th,~cu/ ~vaivin~ u~ ~mpai~• inp any puity, IiM or right u~xle~ or by vi~tw of this mo:tya9e; and in tht evem te~d MORTGAGORS sha~l for any ?easo~ fail to k~ep the said premiset so insured, w fafl fo dsliwr promptly any of wid polKies of insu?snc~ to sa~d MORTGAGEE, or fail promp~ly to pay futly any pre~ni~m ~herefw w in a~y refpect fall b p~rfam, dixhuq~, execut~, ef(~ct, tomplete, comply w7th u+d ~bid~ by this covenanl, a a~y parl hereo(, iaid MORTGAGEE may plxe and ~ pay ip such Irqurant~ o~ ~e+y p~rt thereof without waivinp w affectin~ u?y optan, lien, equ~ty, a?i9ht under or 6y virtw of this Mat9a9e, +nd the full ~mouM of each and twry ~~ch paymeM ii+all bs im~nediately dw and payable and shall bear interesi from ~he date ~heraoi until paid at the rat~ of n~ne per centum pa u+~um and 1opNher with iuch imerost shall be secured by iht lien o( this mortgage. ~ : 1. To pKmit, commit or wffa no wut~, impairmem w detrrarat~on of uid propeny or any part thereof. S. 1o pay ~11 Md sinp~rla? tM cosif, eMrqet u~d expenscs. 7ndud~rg +?e~sonsble ~ttorney's (ee arxl co:rs of abslracts oi tiNe, incurrcd o~ pa~d at any time by s~id MORTGAGEE, bK+~ae or in tF+e ~ver+t of the fa~lure o+? the part of the said MORTGAGOR to duly, prpmptly snd fuily pe~form, d~uharge. exec~te, etfett, compkt~, comply w~th and ab~d~ by each u+d every the st~pvlat:ons, ag~ee~ne~ts, ca+d~t'ais, and covenanrs oi sa~d p.omissory note and ~hi~ mwtqapa any or ~itF+er. and said costs, cMrq~ and ~xpe~ses. esch and every, shall be immediately dve and payab!e: whetl~er or not ~he~e be ~o~ice da mand, attempt to coll~ct p suit ptnd~ng; end the ful~ a~nount of each ~nd we~y such paymem ahatl bea. interes~ from the date thereof umil paid at tlx rate oi nine per cenlum pa ~nnum; ant3 all said tosts, cMryet and eapense~ incu~red w paid, together w~th wch intcrest, shall be secured by the lien of thi~ ^~or?~+~e• 6. Th+t (a) in the tvN+t oi any breach of this ~4lwtga~e a default on ~he part o4 the MORTGAGOR, or (b) in the cvent any of sa:d sums oi monay herein refe~red to.be not {xomptly and fully paid wi~hin thirty (30) days nex~ afirr ~he same se~r.atly become duc and payable, without demand o~ notice, or in the evcnt each aed erery 1he stip~lalioru, ~greemanb, conditiau and tovenants of sa,d promissury note and th~s mortgage any or ei~her are not ~uly, promptly and fully pt~formed, d~uMrged, executed, effected, compkted, compl~ed with and ab~ded Sy, Iheo in e~~her or any such event the sa~d ag gregatt wm mentioned ~n said p?omiuay note then ~emaining unpa~d, wi~h inte~esl accrued, end at1 moneys secured hereby, shall become d~e and pay abte fathwith, a thereatter, at the option of said MORTGAGEE, as fully and complete~y as il ail af the said sums of mo~ey were or~g~nefly sl~putated to be pa;d on such day, anything in sa:d promissay oote or in tAis Mo~tyaye to the contra~y notwi~hstanding; and ~hereupon or thereaf~e~ a1 the opuon of said MORTGAGEE, without notite or demand, suit at law w in puity, thcrefwe a thereafter begvn, may be prosecuted as if a~l moneys iecured hereby nad matured pr~w to ~ri institulion. 7. TMt in the event that ~t th~ beginning of or at any time pend~ng any tuit upw~ thii Mortgage, w to iwcclox il, w to reform it, w to enforce paymeot ot any claims lxrevnder, s+id MORTGAGEE shall ~ppfy to the Court havi~g ~urisd+aion the~eof for the appo~ntmem of a Receiver, such Co~rt shall Fwthwith sppoint a receiver of said mortgaged prooerly all and sir?guter, includ~ng aii and sing~~lar tHk irtcome, praf~tt,~ issues and revenues from whatever source derived, eath snd every of which, it being expressly unde~stood, is lxreby mortgaged ~s if ~pec~i~catly set fo~th and dexribed in the granting and habendum clauses hereof, and such Recei~er shall Mve all the b.oad and effecnve fvr.cr:ons and powers in anywne entrusted by a Cov~~ to a Receiver, and s.,ch appointmeM shall be made by such Court as an admitted equity s~d s matter of absotute ~ight to uid MORTGAGEE, a~d withcut reference ro the adequ~cy w inadequxy of the wlw of the property mongaged or to the so~vency w insolvrncy ot sa;d MORIGAGOR a the defe~xlants, and that suth 1 renrs, profits, ir?come, iswes and revenues shall be appfied by such Rece~ver accord~ng fo ~he iie~ or equity of said MORTGAGEE and the proct~ce of such } CouA. ~ 8_ To duly, promptly a~d fully pKfwm, diuF~a?qe, execute, effect, complete, comp~y w~th and abidr by each and every the stipulationa, agreements, ~ conditans and covenants in sa~d prom~ssory note and this mortgage set forth. ! 9. That i~ the event the owreenhip oi the mo~tgs9ed premixs, a any part thereof, becomes veated in a person other thsn the MORTGAGOR, the h10RTGAGEE, in successwi and auigns, may, without nohce to the MORTGAOR. dea+ with svch successor or successw in inte~es~ with relere~ce to thif mortya9e and ihe debt hereby sKVred in the ssme manner as with Nbrtgagor withau? in any way vit~ating or d~schargfng Ihe Mortgago~s' liability he~t under w ~pon the debt hereby secured. No ssle of the prem~:es hereby mortgagrd and no forbearan~e on t6e pan oi ~he ?~IORiGAGfE w its fuccessors or assigns and no extension of the time for the payment of the dcbt hercby sec~+ed g~ven by the MORTGAGE'_ or its successws or ass~g~s, sliafl operate to reiease, d~xharge, modify thange a affect the original liab:t~ty of the MORTGAGOR he.ein, either in whole or in part. 10. It is speufically agreed that ume is of the esxnce of this contrsce and that no waiver of any obGga~~on hrreunder w of the ob~i9ation sr cvred hereby shall at any tirn~ lhereafte? be held to be a waiver oi Ihe terms hereof w of the instrument secured herby. I1. In add~tro~ +o the fwego'ng month!y paym-nts of princ pal and imerest required by the promssory nore secu:ed he~eb~, mor~gagor covenants a~d agrees to pay ro nw:tgagee with each monthly pay~,~ent an add:rional sum esumated by mortgagee to be eq~al to 1~ 12 of t:~r annual cost of the fo~low- ; ,~g: A-Afl reel property taxes levied or assessed agai~st the above descri4ed real estate. 6-Prerc~u•»s on (ire and windsrorm insurance as herein requ:red to be carried o~ the imo~ovements situate on the above descr~bed premises. ~ ~ C-Premiums on such mortgage gua~anty ir.wrance as mortgagee shall from t me to time deem fit to carry on the loan secured hereby. ~ Mortgagee sha~l from nme to t~me r+o~~fy mortgagor ~n w~iGry of the amoum due and pjyable hereundr~ and such wm shalt thereupo~ be due and ! c oyable on the due aate of ~he neat momh(y payment and each success~ve momh f!ierealrcr ur.ti! mcrtgagee shatl not:fy morzgagor ot a change in such I ~ a:no~nt. Such sums s?•ail be applied by mwtgagee toward ihe payment of real property taxes, ~rtsurance prem.ums, a~~d mortgage -g~aranty insurence F p~emiUmf. ~ IN WITNESS WHEREOF, the sa~d MORTGAGOR has here~nto ut his hand and seal the day and year first af id. Siyr~ed. Sealed liver in tM'presence of: ~ ' ~ 'n , ' , cs~.4 . ~'n _ _ ise.q SiAiE OF FIORIDA ~ j St. IuCie ; COUNTY Of ; Befo~e mt penonally a a~ed Q. ri. ~0~901] and : ~IIC~~B ~1~80l1 ~ his wite, to me well k~wwn and known to me to be ~he indiv~dwls described in and who executed the foreyanQ initrument, and acknowledged before me that they executed the same fw tF?e pwposes rhtrein exp~essed. Md the said ~C~u@ '1'ho~son i +~~ie of the said C• ~1~80n upon • xp~rate and pivaq i e,am~nst~ by me taken sepa.ate and span i~om her wid husband, scknowledged to and befwe me thst she executed sa~d ir,srrume~t fieely and volurr ~ rar~ly and without any computsior+, constrsinf. •pprehension/or fear of or Irom Fx~ wid husband. j WITNESS my hand and offic~al sed thia Y dsy of_ `~~~~r A. D. 14 T~ ~ ~ ~ Nolary Public ~n end for the State of Floaids al larye - ~ /D •/I•' My Comm~ssiw~ expires: , Return To: ' c Fir~T Federal Savi~s i loan Association . , ~ • . Of Fo~t V~erte. - ~ ~ j' - fwt P~erce, Flw~ds ' 215356 = ' , - ' ~ - - tilEO ANO RECORp[0 , This Instrument Prepared By Johti Sei. C0111it9 it.lUC1E COt(i11Y fl~• First Federal Savings b loan Association ROCER P01~11A5 of Fort Pierce ~ FlOrida CIEitK CIRCUIT C011R1 lIECORO YER~FIE~.....r~ ~G~ ~h~k~ BY ~r 9 2 02 PH'T 1~ - ~i~i ~13~9 1~9 ; ; _ ~ ~ _ , -