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Home My WebLink About2881 J. To plu~ and continuously keep on ths bui:ding~ now w herea(ter s~tuate on ~a~d I~nd and on all equipmen~ a~d parsonally covered by ~his ma with all premiums therew~ paid full, lire insurance in ~he usual slandard pol~ty form, i~ • sum approved by the MOR(GAGEE, a~J windslo inivranc~ in the uswl ~undard pol:cy fam, in • sum approved by ~M MORIGAGEE, i~ s~ch compsny or comp+nies ss th~ MORiGAGEE m direct; +nd all fir~ and w~nd~~orm insura~+cs polK~es on any o( ~aid bu~ld~ngs, any infers~l therein or pait thereol, in ths a~9reya+~ ium afw~said in ~xce~s thereof, thall tonlain the usual standard matgagee cfavse w such othcr deuse ~s tha Matpagee may requir~, makiny Ihs ~ou unde~ w~d po cie~, each and every, payable to said MORTGAGEE ai i1s intcrest may appear, snd each a~d eve~y ~uch policy ~ha!i be promp~ly au.g~ed and d~live~ed ~ ~ny held by t~~d MORTGAGEE ~s (urther security 1o s+~d mor~yage debt, and, not lets than ten (10) days in advance of the expiration of each polity, 1o d IivN to t~id MORSGAGfE a ~e~ewal thercof, loye~ha with a rece~pt for the pramium of such renewal; and ther~ thail be no firs or wind~losm in~urant pl~ced on ~ny of uid buildings, +ny intereit the~ein or pa~t the~rof, unless in the lorm ~nd wi~h the loss payable as aiwesaid; and in the event any tun of monsy becomei p+yable under such poiicy w pol~cies said MORTGAGEE sF+all h~ve ~he opt~on to receive end apply the same on atcoum of IM indebted nea secu~ed hereby or ~o permii said MORTGAGORS ro receive snd uss If a any part therenf for othcr purposE~, without Ihereb~ waiving or ~mpai? inp any equity, lien a ri9ht under or by virtus of th~s mortyaye; and in tM e~en~ aa~d I110RiGAGORS shall for sny ~eason fail to keep the is~d prem~ies w i.~sured, w tail to de~iver promptly a~Y of seid polKies of insurance to said MORTGAGEE, w fail promptly to pay fully any premium therefor a in a~y retpect fail b pNfwm, discharge, oxecu~e, efiact, complete, comply wirh and abide by th+t covenant, a any part hrreof, ~aid MORTGAGEE may place and pay for suth insuranc~ w~ny part thereof without waiving or affeding any option, lien, equ~ty, w right u~der or by virtue of fhis AAwtpaya, and thc tull amwn~ of each and ev~ry such paymen~ ~hall be immed~ately due and payabte and shall bear interest from ths date thereof until paid at the ut~ of nine per esntum ps~ annu~n and to~ethet with such intrreal shali be sacured by the (ien of Ihi~ mort9age. 4. To plrmit, tommit or ~uffa tw waste, Impairment w deteraration of :aid properry or any part thereof. S. ~o pay all ~nd siryula? the coab, char~es ~nd expe~ses, including a reasonable attaney's fee and costs of abstrscts of titlt, incurred w p~id ~t ~ny time by uid MOR~GAGFE, because a in ehe avent of the failure on the pa~t of ~F~e taid MORTGAGOR to duly, promptly and fully perfan?, discAary~, sxecutt, ef(td, canplete, somply with and ab:de by exh and every the stipulanons, sgreeme~ts, conditions, ar+d mvenants oi ssid promiswry note ~nd this mortyape ~ny w ei~her, and ta~d costs, charge~ and expenses, each and every, thetl be immediately d~e and payable; whether or not there b~ notke do- mand, attempt to collect w suit pend~ng; and the (ull amount oi each and every such payment shall bear interest iran the date thereof until paid a1 the rate of nioa per ce~tum per annum; and all said costs, charges and expenses incurred or pa~d, togalher with such interest. ~hall b~ sstured by tM li~n of fhu mortya~. 6. That in the eveni of ~ny breach of this Mortgags o? default o~ the part of the MORTGAGOR, or (b) in the event any of u~d swna of mon~y herein refcr~ed to bs nof p.omptly and fully paid w~~hin th~rly (30) day: nexl after the same severatly become dve +nd payable, withoul demertd o? notice, w(t) in the ~vent each and every tFx stipulatio~s, agreements, conditions and covcnanfs of sa:d promiuwy noie and this mo~ty~ye any p ei~her •re not ~ufy, promptly and fully perlorrreed, d~xharged, executed, effccted, compkted, compl~ed with and ab~ded by, then in either w any such svent the s+~d sp~ yregate sum menYaned in said promisswy note then remaining unpaid, with intcrest atcrued, and all mo~eys set~red hereby, shall becane dw and pay- abte (athwith, a thereafter, at the opsion of said MORTGAGEE, as fulty and completely ss il all of the said sums of money were wginalty st~puteted to be paid on suth day, snything in said pro~n~sswy note or in this Mortgage to the conrrory notwithstanding; and Iherevpon w lhereafter a1 the optia+ of seid MORiGAGEE, withouf twtite w demand, auit at law or in equity, the~efore or thereafter begun, may be prosecuted u if all money~ secured hereby had matured pnw to ~ti instrtution ~ 7. That in the event that at tha beginning of or at any time Fending any su~t upon this Mortgage, or to fweclose it, a to ~efam it, or to enfwce paymcM ol ~ny ctaims he~evr+der, said MORTGAGEE shall apply to the Court having ~urisd~nion thereof (w the appo~ntmero of a Reteiver, sutfi Court shall Fathwith appoint a rcceiver of said mortgaged property all •nd singular, includ~ng alt and smgular the irtcome, prof~ts, issuas and revenues irom whattvet source derived, each and every of which, it being expressiy understood, 1s hereby mor~gaged as if spec~fically set forth and destribed in 1he y~anti~g and halxndum clauses hereof, and such Re<eiver shall have all the broad and effective (unu~ona and powers in anywise entrusted by ~ Court to a Reteiver, ~nd suth appoinemav shalt be made by avch Court as a~ admitted equity and a matter of absolute right to said MORTGAGEE, and without reftrence to the adeq~acy or inadequacy of the value of tl~e property mwtgayed or to the sotvency or ~nsolvency o( sa~d MORTGAGOR or the defendants, and Ihaf such renrs, profits, incane, issues and revenues shall be applird by such Receive~ accord~ng to the lien w puity of uid MORTGAGEE snd 1M practice of such Courf. -f . ~ 8. To duly, promptly snd fully perfo~m, d~scharge, execu~e, effect, complete, comply wifl~ snd ab'~de by each and every the stipvlaY~ons, agreemcnts, condiYans ~nd covensnts ~n sa~d promissory note and th{s mortgage set fath. • 9. Th~t in the event the ownership o4 the mortgaged premises, or any part thereof, becomcs vested i~ • person other than the MORTGAGOR, fM MORTGAGEE, ib successo~s and ass~gns, may, w~+hout notice to the MORTGAOR, deal with such succeuor w:uccesso~ in interest with reference to this mortgage and the deUt hereby secured in the same ma~ner as with Moitgagw without in any way vitiating p dixharging the Mortyagon' (i~bility here- under w upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbeara~te on the part of ~he MORTGAGEE a it~ suttessws or auigns and no eatension ot the tlme for the payment of tfie debt hereby secured given by the MORTGAGEE or its successors oi auiqns, shall opwat~ ~o releau, diuharge, modify change o~ affect Ihe original liabil~ty of Ihe MORTGAGOR herein, either in whok w in psrt. 10. It is spec~f7cally agreed that time is oi the essence of this contract and that no waive? of any obtigation hereunder or of the obliy+Ywn sa cured hereby shsll at any time thereatter be held to be a waiver of the terms hereof or of the instrument secured heiby. 11. In add~tion to the fwego:ng month{y~ payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor townants and ag~ees to pay to mortgagee with each m~nthly payr.,em an addrtional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real prope~ty laxes levied or assesscd agai~~st thc above described real estate. ~ 8-Premiums on fire and windstorm insvrance a~ herein requ~red to be carried on the imptovements s~tuat• on the above destribtd premises. C-Premiums on suth mortgage guaronty insurar.ce as mortgagee shaU from t~me to time deem fit t6 carry on the loan secured hereby. Mortgagee sha!I from time to t~me no~ify mortgagor in writing of the amount due and payable hereunder s~d such sum shall thereupon be due ~nd payable-an the due date of the nezt month!y payment and each successive mor:th thereaftrr ur.til mortgagee shall rwtify mortgagor of a chan9e in such amount. fSuch sums sF.all tx applied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage gusrenty insurance premiums. N WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the dey and yesr first ~qs id. ig d, Sealed elivere ' the prese~ce of: ~~l Charl~s ( ) l~ir~asal ~..o ~n . ~--n STATE OF fIORIDA ~ 3t. Looi~ ss. courm oF Befwe me personalty appeared C~r~ ~~nf i.~~~ ~~ti ~ ~s me well known and know~ to ~M b a the indiriduat~ described in and who sxecuted the fore9oiny inst~ument, and acknowledped before me that /htr executed the ~amt fo? thi {iyfpA~s ,i . the~ein expressad. ~ _ ` • - -+:~e. , ~,`'s-~ ` . ~~a~~~~..s..:. ~~.e.~~.a~a~.~., t`','' ` ~ ~i~. WITNESS my h+nd and official ~eal thi. 2 day of ~ r ~ l4. 1l~. w - - . . ' W s . i t~- ~ ~ xb N sry Pubtie in for St~t~~q, fiorlda.~t.Lae~ My Commission ~xpi?es: ~ . : _ Return To: ~ % r. Fint Fedaa) Savi s 3 loan Association M:.~T~~2Y FU~;~ (~f FL(1'iiL~ f~Y il:ktat "9 j~'~;,}'i`':....... : -c fAr.:. ' . , ~ Of Fort P.erce. • - _-.N':~iii.,.~:~ ..:i~.~.?iit~ii~it`.ia.IH{' fort Pierce, Fforida 3~9--7~! f lED ~MD RfCpS- This Instrument Prepared By .TO~I Y. C0111M S~ ~~~~Ea p0~~ ~ First Federa! Savings 8 loan Associat~on a~EnK c~~cwT _ RT ~ of Fort Pierce ~ llol'lyda RECORD Y~R•FIEQ Checked By ~ ~O ~O 4~ ~ ~ z1s~1 BOGK 1y5 ~A~E2e7~~ ~ ~ - - - - ~ ~ u..-~.sz~~.~ W _.:a. , _ s