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Home My WebLink About2140 , J. To place and coNinuously keep on fhe bui'd~ngs n~~v or hereaRer •ituate on sa+d land snd on all cquipmcnl and penonally tovered by thit mor ags, wilh all premium~ ~hercon pa~d in full, fi~e inswar~co in the usual sta~.dard potity form, in a wm spprovrd bY ~he MORIGAGEE, a~d w~~+dsro inw~anc~ {n the vsual uandard poLcy fwm, in s oum approved by the MQRTGAGEE, in tuth tompany or tompanies at 1he MORTGAGEE m diretf; and aN lire snd windsto~m insufance po~icies on any o1 said build~ngs, sny interest therlin or part thereot, in the aggre9ate ~um ~foresaid ~ in sxcess ~hereof, ihail contain the ~sual standa~d mortgagee clauae oc such o~her tlause ~s ths Mortgagce may requ~rs, mekir?y ths loss under sa~d po cies, each and every, payabfe to said MORTGAGEE as ~rs u,rerest may appear, and esch end erery such policy shall be promptly ~ssyned •nd delivmed ~ any heW by said MORiGAGEE as iurthe~ tecurity lo said mor~gage Jebt, and, not le~s than ten (10) days in advance of the expirotion of Qach policy, lo cM I~ver to ~aid MORTGAGEE a renawal thereof, toge~he~ whh a rece~pl for ~he pre~nium of such renewal; and ~here ~hall be no iire or wi~xisto~m insuranc p1Med cn any of said buitding~, any interesl therein or parl tl~ereot, unless in the form and with the toss payable as aforesaid; and in Ihe event a~y tun of mo~ey becomes payable unde~ such policy or pol~cies seid MORIGAGEE shall have the opt~on lo rece~ve and apply the iame on account of the indebted ness setured hereby w to permif said MORTGAGORS to rece~ve and use it w any par~ li~reo) lor otiicr purpoers, vi~ihouf th:.e~~ waiving or ~mpair in9 any eq~ity, lien w right unde~ w by virtue of Ihis mc:tgage; e~d in ~he event sa~d MORTGAGORS ihalt fw any reasw~ fail to keep the sald premisei w insured, w(ail to deliver prpnptly •ny of said pol~ciea o( insurance to said MORTGAGfE, or fail promptly to pay fully any p~e+nium therefw or in a~y reapect (ail to perform, d~scha~ge, exrcute, ei(ec~, complete, co:»ply wi~h and abide by thfi covenant, a any pa~t hereof, said MORTGAGEE may place anA pay fw such insurance w any part Ihereof without waiving or affecting any option, lien, equity, ot righl under a by virtue of fhis Mwtqaqe, a~d tF~t full amovnt of each and erery such payment aha11 be imr»ed'~ately due and psyable and shall bear interesl from tha date thereof until paid at the ~ate o1 S n~ne pe~ centum per annum and together with wth interest shali be srwred by the lien of this mwtyage. 1. To permit, commit or sufler rto waste, impairment w deterioration o1 ~aid property q any put thereof. S. 1o pay all and singulsr the cosls, charges and expenses, including a reasonable attorney i fee and costs o( abstratts o( title, incurred w paid at any time by wid MQRTGAG:E. because a in the event of the fa~lure on Ihe parl of the said MORTGAGOR to duly, promptiy and fully pe~fam, d~xha~g~, executs, eifeu, complete, compty w~th a~d ab:de by each and every ihe stipulat~on~, agreemems, conditions, and covenants of said promiswry note and this mortgape any w e~ther, snd sa~d costs, c6arges and expenses, each and every, shall be immediately due and payable; whether w~'at there be notice de mand, attempt to tollKt or suit pend~ng; and Ihe (ull a~nount of each and every such paymeN shall bea~ interesl from 1he dafe thereof until psid at the r,,te o~ nine pe~ centum per am~urn; and all said covs, charges and expenses incuned w paid, together w~th such inrerest, shaN bs secured by the lien of thif mwfgape. 6. Thst (s) in the event of tny kxeach of ~his Mortgage or default on the part oi the MORTGAGOR, o? (b) in the event eny of said s~ms of monsy i herein refe.red to be oot promp~ly and futly paid within th~rty (30l days nexr aie._r the same seve~atty 6ecome due and payable, without demand or no~ice, or in the evenf each and every ?he stipulations, agreernents, conditions and covenan~s of sa:d promissory note and th~s mortgage any w e~the~ are no1 iufy, promptly and iully pe~formed, d:xharged, executed, effected, completed, compbed w~th and abided Sy, then in e~ther o~ aoy iuch event tht sald ag gregste sum mentioned 'en said prom:sswy note then remaining unpaid, with ineercst accrued, an~ all moneys setured hereby, shall b~come due and pay- able forthwith, or thereafter, at the oprion of said MORTGAGEE, as iully and complete~y as if all of ~he said sums of money were o~ginally stipulated ro be patd oo such day, any~hing in sa:d prom~ssory nose or io this Mortgage to the cantrary norwirhstandi„g; and thereupon w thereafter at the option of sa~d MORiGAGEE, withouf notite a demand, suit af law or in equity, therefore w thereaiter begun, may be prosetuted as if afl moneys secur~d hereby nad matured pnpr to ~ts institution. 7• Tha~ in the event fhat at Ihe bcginning ot or at any time pending any su~f upon ihis Ma?gage, w to fweclose if, w to reform if, or to enfo.ce paymenf of any c~aims hereunder, said MORTGAGEE shall apply ro the Court having jur~sd:aion thereof for 1he appoiMment ol • Rectiver, suth Cou~t shall Eorrhwifh appoint a receiver of said mortgaged preperty all and sinyular, irtctud~ng a+l and si~gular the iMOnse, proi~ts, istues and revenues irom whalever se~~rce derivcd, each a~d every of whkh, it oe~ng express+y undenteod, is her~by morrgaged as if spec~ficalty set fath and desttibed in the granting ar+d habendum clauses her~of, and such Receiver sha11 have all the broad and ef(ective tunc~,ons and powers in anywise entrusted by ~ Court 1o a Receiver, and c. ch appoi~tment shall be made by such Court as a~ ad:~iitted equity and a ma~trr of a6solute riqht to said MORTGAGEE, and without ~eference to the adequacy w inadequacy oF the value of the properey mo~tgaged o~ to the so:venty or ,nsoivency oI said MORTGAGOR a the defertdants, and that ~uch r~••,rs, profits, incane, issues and reve~ues shall be appi~ed by such Receiver accord~~~g to the lien or equit~ oi said-MORiGAGEE arxl the practite of suth Courf. 8. To duly, promptty and fuNy perform, discharge, execure, effect, corr+plete, comply w~th and abide by each and every the stipulations, agreemenls, co~d~uons and covenants in sa~d promissory note and th~s mo~tgage set fo~th. 9. ihat in the event the ow~erah~p of the mortgaged prem~ses, or any part the~eof, becomes vested in a perso~ otFxr fhan the MORTGAGOR, 1hs A'ORTGAGEE, its succ~sors and ass~~ns, may, wtiFhw~ nor~ce to ~he MOR7GROR, deaf w+~h such successo? or successor in interest with reterence to this ` mortgage and the debt hereby secured in the same manner as with Mortgagor w+tha~t in any way vitiating or d;scharging the Mortgagori liability herr 1 ~r,der or upon the debt hereby secur~. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors ~ or assigns and no extension of the t,me fa the paymem of the debi hereby sec~red given by the MORTGAGEE or its svccessors or aasigns, siiall operate F ro release, diuharge, modify ~hange o~ affect the orig~nal liebilrty of ~he MORTGAGOR herein, either in whole w in part_ j 10. It is specifically ag~eed that time is of the essence of Ihis contract and that no waiver of any obligatipn hereunder w of the obliy~tion se- , c~red hereby shall at any time rhereafter be hetd to be s waive+ of ihe terms hereot or of the inserument secured herby. 11. In addaio~ to the forego ng monthly paym~nts of princ pal and interesr required by the p~omissory na!e secured hereby, mortgagor covenants ~~d agrees to pay to ma:tgagee v~ith each mo~ithiy p,~y~.~ent an add~nonal sum esr.~„ated by mo~tgagee to be equal to l:' 12 of the annual cost of the fo~low- ~~~g: s a-ari real p~operty taxes fevie~ or assessed agai~ist ~he above desc+ebed real es~ate. i B-Premlums on fire and windstorm ~nsurarce as herem requ;red to be carried on the improvemeats situate on the above d-scribed premises. C-Premiun.s on such mortg;~e guaranty insura~.ce as mortyagee shatl frem t~me to t~~ne deem fit to carry on the loan secured hereby. Mortgagee shal~ f.om time to nme nottfy mortgagor "~n wr;t~ng of the amouro due a~d payable hereunder and wch sum shall fhrreupon be due and ; ayable on the due date of rhe next mONh'.y payn,~nt and eacfi wccessive month thereahcr ur,til mortgagee shall not~fy mortgagor of a change in such o~M. Such sums sFa:l be app:ied by mcrtgag>e toward the payment of rsal property ta:es~ insurance prem:ums, a~x1 mortgage guaranty insurante p•2miUmf. !N ?YlTNESS 1VHEREOF, she said MORiGA(',pR has hereunlo set his hand and seal the y and year: firtt aforesaid. ~ ned, Sealed and iv . in the presence ot: fILEO ~ELO?i0E0 St. lUC4C CJtINTY FIA. ~ ~ L / ~ ~~.-v fiGGE~ ~~1tTRA5 ~ ~Sea4 CLfRK C,~tCU1T COURT _ - RFCORQ VF'. F~EO /~-Q~~ (Seaq ~ S~ATE Of FLORIDA SEP ~ 70 PH t 1~\ ~ COUNiY OF St• L11C~ ~ ~ . 1 Befwe me penonally appeared ~O Ci• ~@8V@2' ~ ' ir[i 1 drad Weaver • ' - his wife, to me well krqwo,~,~.1/ m~ tp b~ rha ind~vidwls deau~bed in and who executed ~Fa toregoi ~nstrumem, and xknowtedyed before me tMt they execut~d~„~`~1WA~ fo~ fl~t prrpeps therein expressed. Ar~d the said~ ~dl~@d i+. ~T@8qe=' .i " . 4 . . .~:s._- ~ . . +.~{e of the said _ _ TBO ri. ~SV9P ;`~~a~ e.am~nat~o~ by me taken sepa~ate and apart irom her said husband, atkrawledged to a~d before me that ahe exetuted~~t ftlely~~ voluil- ~arity and wuhovt any compulswn, const~aint, apprehens~on, or fear of or from her said husband. . ~,S` WITNESS my hand and officiat seai this_ ~ day oi ?Se = ct' ~ ~ Q:~~_ , " ' ^ : ' - ~ STATE OF fIORIDA ~ • ~ • ~ ' S5. Notary Av~itiw-and•foR. .~~y,~, CJUNTY OF ~._111~'~A ~ ~ 1 ~R~ _ 1 3' My Comm~s~~an expires: c n '!y • ~ ; _ ~ 8efwe me perwnally appeared _ JA2~Oao Stabil~ ~ i~~'19 8d111~ •?::~~rs. l . ' ~ = . - to me welt known snd t1A¢yW1•1tyJ11~+`~ rhe ind~vidua~ described in and who exec~red the fwegoing instrument, and acknowledged beiwa me that /he~ executed ths ~N'fat f1t~~r_,r_~~~ : s therei~ exprested. , ~ _ , ; - • j - WITNESS my hand and of?icial seal this_ dsy of ' ~ ~.-'t~ t9,.~:.. _ . . . ~ . ~..,...o. . . • - ; O R . ~ ~ r1[~j~ Not ry Pubtic in snd i the tat~ of,ftOr 'Mr~#f~` J- ~ Checked By , Z_ 7 My Commission ~x ues: ' Th is instraaaent prepared by J. D. Chastain i~.oT~Rtr .PUe~i ^SN~'TF~ M~iw?~.igu7s~ ; ~irst Federal Savings and Loan Association of Fort Pierce, Floi~ida GENERALINSttitANCEUNDERWRITERS.INC. ; f i ~ . 1 ~ 4 - : - -