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Home My WebLink About2211 3. To place and continuously keep on the bu~:d~ngs ~~w or hereafter s;tuate on sa~d ~and and on alf eqv~p~+e~t and pe~so~aliy covered by this mor ege, w~th •II prrmiums thereon pa~d in t~il, f~re ~rs~~an.e m rhe ~s~at s~andard pot~q form, in a s~m approvrd by ~he MJR~iaAGFE, a~~d w~ndsto ~r.surance in the us~al s~andard pol~cy fo~m, in a:um app~u.ed by ~he MnRTGAGEE, in such compa~y or compan~es as ihe MORTC;AGEE d~rect; and sll li~e ~nd w~ndsrorm ins~rance poS~c~ea o~ any oi sa~d build~nga, any interes~ therein or part thereof, ;n the aggre9a~e sv~» aforesa~d in exceas thcreof, ihall conrain the uwal sta:.dard mo~igagee c~ause or such othe~ cia~se +s th~ Nbrtgagee may ?equ~re. ma\~ng thr ~os~ w~de~ sa~d po c~es, each ar+d every, payabfe to said A1J~TGAGEE as ~nierrst mav +ppear, and cach and eve~v such po::cy sha11 be promptiy ass gned aRd de.~vcred ~ •ny hefd by sa~d MORTGAGfE as furiher secun~y ~o sa~d monga~e daot, and, not Ieu than te~ tt0; days in advance of ~!x eapira~+on of each ~wt~cy. to d~ Lver ro said MORTGAGEE a renewai thereof, togeiher with a rece~pt for rhe premwm oi such rrneaa~; and there shall be ~+o f~re or w~~~~s~sm ~~suranc placed on any of sa~d buiid~ngs, any inierest thrrem w pa~t thereof, un!ess ~n ihe form and v~i+h the ~oss pa~able as afor~said; a:+d in iht e~ent a~y t~~ of money becomes payable under such poticy a po~~ue: sald MORiGAGfE sh.~u have it~e op'~on ~o rece~ve and app!y fhe same on accou~v ot the indeb+~•d neas secured heieby or ?o permit sa~d MORTGAGORS to recr~ve and use ii w any part 1he:eof ~ur o:n~•r F.u~;.oses .•.,+~~o.t ~h;~~o~ +..:~~~~3 0' ~'"'v~" infl any equdy, I~en or r~ght uruer or by virtue of thls mcr'gage; and in the event sa~d MORTI',AI,ORS :ha!I for any reawn fail to Meep rhe sa~d p~emisrs so insured, or fail to deliver promptly any of sa~d pol~ue: of insu'an:~ to sa~d MORTGAGfE, or tar prompt:y to pay fu~~y any p+e~nwm theretur or ~n a'+y reapect fail to perform, d~scharge, eaecute, eftect, cortiplere. comply w~th and ab~de by ~h~s covr~an~, or any part hr~eof, sa~d M~.RivAGEE may p~ace e~d pay fw such insu~ance or sny part thereuf w~thout waiv~ng or affeding any op~~on, l~en, eq~~ty, or ngh~ under or by .+~tue of fhis Morrgage, and t1x tull amoum of each and every such. paymeM sha1: be ~mmed~atety due and payab~e end shall bear in~erest from the date the~eoi un~il p~~d at the rate ot n~r~e per cenrum per annum and to3ether v~;th s;,th mtereat shoi~ be sec~red by the I~en of this mortgage. 4. To permit, commit w suffer no waste, impairment or deterioration of sa~d property ot any part thereaf. 5. To psy all a~d singular the costs, charges and expenses, includ[rg a reasonable atrorney's fee and cosrs of absrracts of title, incuned or pa~d at any time by said MORTGAG:E, because or in tl,e event of rh~ fa;lure on the part of the sa~d MORTGPC,OR to dufy, promp!ty snd tu~ly perform, d~scharge exacute, efiecf, complete, canply w~th and sb.de by eech and every the stipu~ar~ons, agreemenrs, condit~ons, and cove:wnn of sa~d p~a~n~xsory note and th~~ mortgsge any or e~ther, and sa~d costs, charges and eaaenses, each and cvery. sha11 be immrd~ately due and payabie; wherher o~ not rhere be nor~ce dr ma~d, attempt to cotlect w suit pend+ng; a,-xl the full amount oi each and every such paymem sha~l bear inrerrs~ from fhe date the~eof ~mi{ pa~d at ~he ~r,re o~ nlne per centum per annu~n; a:x; ail sa~d cosfs, charge: a~d expenses ~ncurred o~ pa~d, ~ogether w~th svch ~nterest, sha~l be secured by the i~rn ot th~~ mort9sge. 6. That (a) i~ the event of any breach of ehis Mortgage or defau:t on the part of the A10RTGAGOR, or (b) in the event any of sa:d svms of money herein refe~red to be not promptly a~d fu(ly paid with~n th~rty i30) days nex! a~rer the sa:ne seve~a.ty beco.ne d~e and payabte, withoui demand or net~ce, or (c) in the event eath and every the stipu~at~ons, agreemen!s, cond+t~ons and covenants of sa:d promissery note and th~s mortgage aoy or ei~her a.e not i~fy, promptly and tulfy performed, d.acharged, exxuted, effrcted, comp~eted, compi~ed wrth and ab~ded 5y, then in e~ther w any such event the u~d ag- gregste sum menrioned in said promiuory• ~ore then remain~~g ~npa~d, w~th ~nteres~ accrued, and a~i moneys secured he~cby, shal! become due and pay- atie forthwith, or thereafter, at the option of sa~d MORiGAGfE, as f~Uy and complere~y as if all of thr sa~d sums oi money were or~9~na'~ly st.pu~ated to be pa~d on such day, anything in sa;d p:omhsory note or m this Mongage to the conuary not,~,~tfistandin9: a~d ~hereupon or the~eatrer at ~he op~+an of sa~d MORTGAGEE, witfiout nor~ce or demand, suit at law or in equ~ty, thererore or thereafter begun, may ~ prosecuted as if all moneys secured hereby ned matured pnor to ~ts institut~on. 7. Thet in the event that at the begin~;ng of er at any time pend~~g any su~t upon this Mo~tga~c, or to foreclose it, or to reform it, or to enforce payment of any c!aims hereunder, sa~d MORTGAGEE shal~ ap~ly to ~he Court having ryr~sd.ttion ihereof for rhe appo~ntment of a Rece~ver, s~ch Co~n shail forthwith appo~m a receiver of said mortgaged property all and singu:a+, includ ng aN a~~d s~~~gu,ar ~he inco~ne, p:oKts, issues and revenues from v`h~tever source derived. each and every of wh:ch, 1t be~ng expre,sly under:~ood, ~s he~eby mo~~gaged as ~f sprc~fically xt forth and described in the g~anf~ng and habendum clauses hereof, and such Receiver shall have atl the broad and efiecnve funct,ons and powers i~ anyw~se entrusted by a Court to a Rec<iver, and s, ch appointmem ahal; be made by such Covrt as an admitted equiiy and a matter of absoiu~e n9ht to said MORTGAGEE, and v~ithout reference to the adequaty or insdequacY of the value of the prope.ty mortgaged or to the so:vency or ~n~otvency of said MORiGAGOR or the defendants, and rhat such rents, profits, incare, iuues and revenues shail be ap~~~ed by s~ch Rece~ver accord+ng to the Iien or equity oi said MORiGAGEE and the p~act~ce of s~ch Court. 8. To duty, promptly and fully perform, discharge, e:ecute, effert, complete, comF'Y with and abide by each and every the stipulations, agreements, I conditions and co~enants m sa~~ promissory note and tn~s mortgagr set forth. 9. That in the event the ownersh~p of the mortgaged prem~ses, or a~y par~ thereof, becomet vested in a person other than the MORTGAGOR, the h10RTGAGEE, its successon and ass~gns, may, w~Thout nonce to fhe MOR7GAp2, dea! wnh svch successor or s~ccessor m ~nterest wrth ~eierence to this mor~gage snd the debt hereby secured in the same manner as vvrth Mortgagor w~tFw~ut in any way vit~atin9 or d~uharg~ng the RAo~rgagori I~ab~lity herr under or upon the debr hereby secu+ed. No saie of the premises hereby mortgaged and no fo:bea.ance on the part of the ~J~ORTGAGEE or its successo~s or assigns and no exte~s~on of the time for the paymem of the debt he~eby secu.ed g~ven by the 610RTGAGEE or ita wccessors or aulgns, a~~all operate ~o release, d~scharge, modify change or affect the orig~nal I~ao,~ny of ihe MORTGAGOR herein, either in wFwle or in part. ~ 10. It is speufically agreed that time is oi the essence of this cootract and tha~ no waive~ of any ob~~gation hereunder w of the ob!igarion se- € cured hereby shali at any time thereaf~er be hedd to be a v.•a~ver of the terms hereof or of ~tx instrumen~ sec~red herby. € 11. In a~d tio~ to the forego'ng monthly paym~ms of pri:,c pal and inTerest reqwred by the prom~ssory no~e secured herzby, mortgag~r covenants ~ aod agrees to pay to mortgagee v.~rh each momh!y pay~~:ent an add~~ional sum est~m.ated by mortgagee to be equal to 1, 12 of the annual cost oi the fo:low- ing: ~ A-All real prope~ty taxe, lev~e~ ar tssessed agai~st tnc above desr~bed rea~ estate. s B-Pr;m~ums on f~re aro windsro•m ~nw~arce as herc~r. rcG,:;red to be :a-r~ed or. the :mp~oveme~ts siruate on tF.~ above des:ribed premises. ~ : C-Premwms on such mat7~ge gua.an.ty ir.surar~ce as mortgayee shail fro^~ t me to t:me deem fit to carry on the ioan sewred hereby. ~ Mortgagee s~aif from hme to n:rse notify mortgagor ~n writ~ng of the a^.~ov~t d~e and payabte hereundrr and such sum shail there~pon be due and ; ayable on the d~e date of the next mo~tn:y payment and each su.cessive moneh tnereafter uctii mo~tgagee shal~ not:fy mo-tga3or of a chan~e in such ~ r~~o~nt. Such sums sFa:l be app.ied by mor?gagee towa-d the paymen! of real pro, erty taxes, insvraxe prem.ums, and mortgage gua~anty insurante e a~emiums. ~ Y IN WITNESS WHEREOf, the sa~d MORTGAGOR has here~nto set his hand and s~af the day and year first aforesaid. ~ i S~gned, Seale~and delivp~ed in tfie presence of: ~ n` g ~ - - L~L~~ i Y ~ t ~ an _ (Seap 3 `L -r4. ' "+r ($eal) ~ (Seap ~ ~ SiATE OF fLORIDA ~ ST . LL)C I E ~ ~OUNTY OF ~ ` Before rn~ penonally appeared A13C~UStUS C. Jackson a~ ~ Julia C. Jaekson h~s wife, to me well known snd known fo w~e te be the ind~viduals desvibed in and who executed the foregoing instrument, and acknowledged before me that they executtd The ~er~e for 'the purposes - rherein expressed. Md the said .Jlllla C Jackson w:fe of the said A11O~1StL1S C. Jaekson ~-xp~rate and prir~t~ exam~nateon by me taken separate a~d apart from ner said husband, acknowledged to and before me that she exetu!ed said inetrurepnt G~ct~~ o~..+ .~.:::r. " rarily and w~thout any compulsion, constraint, apprehens~on, w fear of or from her said husband. = ' WITNESS my hand and offic;al seal this ~ n~ day of December ~ A. fl. ?9 C.~!u "~cn.r~ -~~-u.•.-P~~~ ! _ .'S Notary Public in end for the State of Flptidi ~t ~.M+jj~' _ My Comm~ssio~ expires: / ~ - Return To: First Federal Savings 3 loan Association :4 Of ~ort P,erte- Z{C~F~E~ - Forf PierCe, F'tor~da f ~LE~ A~~ S~. LUCiEFCO~ TA?S RT~^~tL ROGi t ItEC~RD VfR F EO CO.•+~` This Instrument Prepared By Th0~3 A. DY1SC011 ~ ~O il lu _ First Federal Sav~ngs & Loan Association UEC A~~~ = of Fort Pierce~ Florida ~7 Checked By ~ O R `Z~t~Q22 '.g~ PACE~~~7 BOOK cf .,s - r - - -