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Home My WebLink About2152 f ~ To place and continuously t~eep on the b~i!dings now o~ Aeroaher ~;tuete on sairl land and o~ all cquipment ~nd pe?sonslly tove~ed by tfiis mo? ~ ag~, with atl premiums lhereon pa~d +n 1ut1, lire ini~~ancc in ~he usual standard po~icy torm, in a tum app~ovtd bY ~he MORfGAGEE, a~d wi~dsto insura~ce in Ihe utuat s~andard poGCy, fam, in a wm approved by ~he MORTGAGEE, in such tompany o~ companief u tho MORiGAGEE m j direct; and aN fire and w;ndstorm insu~ance poliues on any of saiJ buildmgs, ~ny inlerest therein or part fhe~eof, in Ihe ~pqre9ate sum aiueNid . in sxceu thereof, slwll contain ~Fu u~~al standard matgagee clause o? •u:F~ other clause es ~he Mo~lgagee may req~~rs, maAirg 1hs lois unda ta~d po cies, each snd every, payabte to said A10RTGAGEE ai in inie~esl may sppear, and each and eve?Y sucA policy ~hall be promptly ass.yned ~nd d~iivered ~ •ny heW by ssid MORiGAGEE as furtF~er seturily lo said n,ortga~e deb1, and, no~ tess than ten (10) days in advante of ~he eapir~tion ol each policy, lo d~ ; Gver ~o ~aid MORiGAGEE a renewal thereot, foge~her with a ~ece~p~ for the premium o( :uch renewal; and ~here shall be rw Gre or windsto~m in~ursnc i plsced on any of sd~d buitdings, any interesf thcrem a pa~t thereo(, unlese in +he form and with the loss payab~e as etoresaid; and in Ihe wen~ any svn i of mon~y becumei payable under such policy w poGciey said MORTGAGEE s~all have tha opt~on to rece~ve and appty tha ume on accounl of the indabted ness secure~ Ix~eby or to pe+m~t said MORTGAGORS to ?eceiye and use it w any parl ~h.~eof lor othcr purposes, wi~houl threu~ waivi,~g or ~mpair~ ing any equity, li~n w right unaJer or by virtve of this mo: tgaya; and in the event sa+d MORiGAGORS shalf iw any rcason fai) to keep the sa~d premities so insured, w fai) to drtiver promptly any of said policiea ol insurance fo sa~d MORIGAGEF, or fai! p~omprly to pay fully any premium Iherefa a in any ! respett fail lo perform, discharge, execute, eifect, completa, co:nply wi~h and abids by thi~ co~enant, o~ any part hercof, said MORTGAGEE may plate and pay fa suth inaurance or any part the.eof withoul waiving or affecting a~y optio~, lien, cquity, ot righl unde~ o~ by virtue of Ihi• Mo~tgage, and tF?t ( futl amount o! each a~d a~•ery svcA paymen! shall be ~m~nedietely d~e and payable and shal! bear interesl from 1ho date thereof until paid at the tate ol ( ni~e per ceotum pea annu~n and to~ethar with such ioterest shali Ix srcured by the lien of this mortgsge. 1. To permit, commit or suffer no waste, impairment w detcrioratio~ of aaid properry or any psrt thereof. S. To pay all and singula~ the costs, charges and e:penses, including a reasonable at~orney's fee and costs of abstracti of title, Incuned or psid st any time by said MORTGAGfE, because w in the eve~t of the fa~lure on Ihe part of ~ha said MORTGAGOR to ciuly, pranptly and fully perfam, d~stharge. execvte, effed, complete, comply w~th and ab;de by each and every ~he st~pulat~ons, agreements, co~ditions, and cove~a~ts of uid promissory no(e and this matgage any or ei~her, and sa:d coses, charges and expenses, each and eve~y, shall be immediatety due and payable; whether w not there be not~ce tk mand. attempt to colled or suit pending; and the full amount of each and every such psyment shall bea~ ioteres~ from the date Ihereof uMil paid at the ' r:,re o~ nine per cemum ~:r amsu:n; arw all said tosts, charges and expenzes incurred or paid, ~ogather wrth such +ntnest, shall be secured by ths lien of thu } mortQage. 6. That (a) in the eve~t of any breach of this Mortgage o~ default,on the parl of the MORiGAGOR, w(b) in the eve~t any of sa~d tums of money herein referred to be no~ pranpely and lully pa~d wiih~n ~n«ry (3~~t days next afrer the s.~me severat~y become due •nd payable, without demand or no?Ke, or (c) in the event each and every the stipulations, agrcemen?s, tond~tions a~d cuvenants of sa.d promiaso~y note and ~h~s mortgage any a e~ther are nol ~uly, promptly and fulty performed, d,scharged, executed, etfected, completed, co~nplied with s~d abided Sy, theo in either o~ any svch ~vent the said g:egate sum mentioned in said {xomiuwy note then remaircing unpa~d, with inte~esr accrued, and all moneya secured hereby, shall become due and pay- ab~e fwthwith, w thereafter, at the option ol said MORTGAGEE, as fully and comple~ely as ii all of ii,e said suma of money were wiginally itipulated to be pa~d on such day, anything i~ sa:d p.omissory note or in this Mwtgage ~o the contrary notwirhstanding; and nc~veupon d ihc~eah~v s1 tF~e op~ion of sa~d MORTGAGfE, without notite or demand, suit at law or in equ~ty, therefore w thereafter beguo, may be prosctuted as ii all moneys secured heteby nad ma~ured pnor to ~ta instituiwn. 7. That in the event that at the beginning of w at any time pe~ding any a~it upon this Mort9age, or to forectose it, w fo refwm it, or to enfo~te payment of any claims hereunder, sa7d MORiGA(',FE shaU apply to the Court having ~wnd~ction thereof ior the appointmeM of a Receiver, tuch Cou?t shall Fe~thwith appoint a rece~ver ol said mortgaged psoperty all aiul singular, incluci~ng ail a~d sir.gular the irtcome, profdi, issues and revenues from w6atever sou~ce derived, each and every of wh~ch, n be~ng expressfy undersroocf, is hereby mo~tgaged as if spec~ficaUy xt fath and described i~ the 9?aNing ant! habendum dauxs hereof, and such Receiver ahail have all ~he broad and effeuire fur.ct.o~s and powers in anywise entrusted by a Cou~t to a Receiver, and s..ch appoiNment shall be made by such Court as an ad~nitted equity and a maner of ab:oiute rigM fo uid MORTGAGff, and withouf reference to the cdequacy or inadequacy of the value of the property mongaged or to the so:vency o. ~nsotvency of sa~d MORTGAGOR w the defendants, and that such rents, profits, inco.ne, issues and.revenues shat{ be appiied ty such itece~ver accord~ng to the lien or equity of taid MORiGAGEE and the practice of suth CouA. 8. To duty, prompt!y and fully perform, discharge, execu~r, eftecr, complere, comply with and abide by each and erery the stipulations, agreements, ( conditions and covenants ~n sa~d promisswy note and th:s mortgage set fwth. i 9_ 7hat in the event the ownership of the ~noregaged prenuses, c- any parl thereof, becomes vesteKl in a person other thsn the MORTGAGOR, tM ; MORTGAGEE, its successors and ass~gns, may, w~thovt r.ot~ce to the A!ORTGAOR, dea! w,th such suctessor or succeswr in interest with refere~ce 1o thii ' mortgage and the deot hereby secu~ed in the same mannz~ as with tib~tgagor without in any way vitiating w d~xhargir~g the Mortgagors' liability 1?tre- ~~~er or upon the debt hereby secured. No sale of the Fremises kereby mortgaged and no forbearance on the part of the 1NORTGAGEE w its sutcesaors or assigns artd rto ex?ens;on of the time for the payment of the deb+ hereby secured given by the MORTGAGEE or its s~ccessore or au~gns, shall operatt to re!ease, d:scha+ge, modify change or afiect the oreg~nal tiab;lity of ~he hWRTGAGOR herein, either in whole a in part. 10. If is specifically agreed that time is of fhe essence of this contract and thal no waiver of any obligation hereunder w of the obtigstion se- tured hereby shaN at any time thereafter be he:d lo be a wai~er of Ihe terms hereof w of the instrument secured herby. 11. !n add:t;o~ to ihe forego ng montMv p3ym~nlS of prir.c pal and interest requ~red by the promsscry no!e secured hereby, mortgagor covenanis ~ a~d agrees to pay to mo:tgagee wnh each monrhiy payr.~et~t an add~+ional sum esnn,a~ed by mortgagee to be equai to l;'12 of the annual cost of the fo((ow- [ ~n~: ' ~ A-Afl real p~operry taxes fe~:~e~' w assessed aga+osr thc above described real euare. ? B-Prem~ums on (ire and windsrorm msura~ce as nere~n req~;red to be ~arried en the improvemeats situate o~ the above d_scribed p~emises. C-Premeums on such mongjye guaranty inwra~.ce as mortgageg shail from t:me to t~me deem fit to carry on the ban secured hereby. Mongagee sha!I from time to t~m.e nat;fy mortgager ;n writ~ng of tAe amoirwt due and payabte hereundrr and such sum shal! fhereupo~ be due and ; s~able on the due date oF the next momh!y paymem and each successive month thereaher ur,ti! rrwrtgagee shafl ~otify mortgagor of a change in such a•-,ount. Such sums s!-a!1 be app!ied by mortgagee toward ~he payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~~•emiums. WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seat the day and year firsl afaesa' f ,~Seate~ an ' r the presence czf: ~~LEU AND RECOROEO ~ , ss. ~uar couatr Fu. ,n _ RQ~ER POlTRAS , CIEFiK C~RCUIT COURT ~ 'n RfCORD Y~R~FIEO ~ (Se+A ! - A ~se,n ; SiATE OF FLORIDA ~ V~P ~U ~ 3p 1'M ~T I ; ~OUytYOF ~t. ~u~lE , 21583Q E s~~a~ m~ Pe.,o„an,, appeared vernie Cur ington aed f ' Vir inia Curinaton ~ Q his wife, to me well known and kr~own to"m! fo b~ the individuals descr~bed in and who executrd fhe fwegoing instrurrKnt, and acknowledged betore rne that they executed the H1rn~: fpf 1hM~~yrppHf ~ therein expressed. And the said_ " V 1 S i n i a Cl1I' l Il L 01l - • ~ . ~ ~v~fe of the sa~d Vernie Ctirington j examinatlon by me taken separate and apart 4rom her said husband, ackrawledged to and before me that she executed sRid`, ~ y~~: i ra+~ly and w~thout any compu(sio~, constraint, apprehens"o~+*or fear of or from her said husband. r, f WITNESS my hand and officiat seal this___.~,_ _ day of S t~ R~ T " ~a o'~~ _ ' f... L:s; . : ~ ~ Nota~ Public in snd i the f~?~.'~ , ; My mission expira: , = ~ ~ x`~ ; Return To: NOTARY PUBUC STATE QF FLQRI~ " j~ i~,~~~"`/^~":' first Ftderal Savings d toan A:sociat~on MY COi.~MiSciON EXWP.E3 I,~fAR, L~ E Of Fo~t P,e~ce. fiENER11l INSURANCE UNDERWItI ~ Fort Pierce. Florida ~~'~R~~?iiN:'~'•~ ~ 3',_~s~ This Instrument Prepared By John Collins 4 First Federal Savings & loan Association ~ of Fart Pierce lor i da f ~ ; Checked By ~ ~ BOOK 195 PAGE 2150 i lS ! " ; C.,c,: .,6'~-;" Y . ' _ _ : ~•_0~~ ~ - '1~'S.Sr~s~AL~~"~'is X