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Home My WebLink About1065 ~ ~ 3. To p~ace and con~~nuously keep on the bw ef~ngs no.v or he~r.;*rer S ludf! on so~d ~and and ~n aG eq~ipmem and pe.sona~ly cotiered by this mcv e9e, w~th all p~tmivma ~hrreon pa.d in f~ll, t.re ins~~a~~ce ~n rhe ~soat s!.+~~.i~~d po'.~cy turm, in a s~m aHpro~ed by ihe h10R~:,Ai3EE, and w~~~dsro ~^surance in the usual s'and.~.d po!.cy fo~m, in a sum apE~ro.rd 6y the AIQRTGAGEE, in such company or compan,es as the h10R1GAGEE m ~ d red; and al~ iire and w;ndsrorm insurance poi~c~rs on any of sa~d b.,~ d:ngs, any interes~ ~~erein or part ~h~reof, i~ the aggr~~ga~e tum afwetaid ~n eacess ~hereof, shatl :on~ain the ~wal sta~~dard mort~egre c~ause o. wch o~her cleuse as the ~dc~tgaqee may ~equ.re, making ~he ioss under sa~d po ces, each and every, parab'e to sa~d ~IORTGAGEE as ~n ~nier~-st may appear, a~~d each and e~e~y ~uch po~,.y shall be promptiy assgncd and de~~vrred ~ any held by sa~d h10RfGAGfE as fur~her s<curity to said mortgaye d_ot, and, not iess than ten (10) days in adrance ol ~he expir;~~on of each pol~cy, to d~ ~,Yer to said A10RTGAGE~ a renewal thereof, toge~her with a recr~F:t ro~ the pcr~ii~um oi wch renr.~a~; o~~d ~i~er~ sha11 ba no f.re er w:,~ds:c~m i:,sv:anc p'aced on any of sa~d b~i(d~ngs, any interes? thrrem or p~rt tt,~reof, ~r.'~-u ~n ihr iorm a~~d w~fh ~he loss pa~ab:e as aforesa~d; and in ~he event a~y sun ef mon~y beco:.~es payabte under auch po:icy or poLc~es sa~d MORSGtiGrE s~~.~tt have ~he op~~on te recr~.•a ~nd app:y tne sa~ve on aao~nt of the indebted n,.ss secured he~eby or ro perm~t sa~d MC?TGAGCRS to rec~ive and ~se it a any pr•+~ the: vf for o~r~•~r pu~;>cs~~s. v.:~no~t ih 01 ~3 ~~~~p~~~ ~n~ any equ~ty, lien w rlght u~der or by virtue of this ma:~9d.~N; and in the evant sa,d MO~TTGAGORS shall !or any reaso~ fail to keep ihe sa~d prem~s~s so ~nwred, o~ fail to dei~ver pranptly any of sa~d pol~t~es of insurance ~o sa~d h10RiGAGfE, or fad promptly to pay fuHy any premi~m thcrefor or in anY .L _J 6...+..f a..1 Mf.Qit:4GGF mw ola[! •nd . car.c~i ioi: iv Ncii~.~H, J~x~.u.yv, awa....:V, c::~.i, w..~,:-~ u...s , .......a . . 4 : , F~~r fo~ such insurance cr any part ~hrreof w~~hou? waw+ng a affea~ng any opt~on, Ge~, equ~~y,'or n~h~ ~under or by v~rtue of ~h~: Moregage. and ~he r~~t amounf of each and every such paymrro shall be ;mmed~ately clue and pa~able and shall baar inrrrest irom tha date thercof unt~l p~~d at the rate o1 ~ : e per cenrum pe~ annum and tp~.lhar ~c~~h such u~teres~ sh;~~ ~:e sec~rrd by the Len of th~s mortgage. : i 1. To permit, commit or suffer no waste, impaim,ent or deter~orot;on of sa~d property w any pan thereof. ~ 5. To pay all and s~n9ulnr ~he costs, charges and expensrs, inciud~~~g a reasor.abie atrorney's fee and costs of abstracts of ti~le, incu~rzd or paid at ~n~ time by sa~d MORTGAGEE, because or in ihe event of the f~:iure on the part of rhe said MORiGAGOR io duly, pra~~ptly and futly perfo~m, dacharge. _.ec~te, effect, comptete, comply w~th and ab:de by each a~d every the supv~a<<ons, agreements, to~d~nons, and covenants of sa~d promissory note and th~s ~,~rrgage a~y or enher, and sa:d costs, charges and expenses, each and every, shall be immrd~arrly due and payab'e; whether or not ~here be nor~ce dz >~d, attempt to collxt or suit pend~ng; and the full arnoun~ of each and e.erv such paymenl shaU bea~ in+arest hom the date thereof u~til paid at the •e ot n~ne per centum F,nr on~u:~~; a:~d aU sa~d cosn, cha:yes and cxrrr.ses :ncurred or pa~d, together wuh wch interest, shall be secwed by the lien of thii mortgage. 6. That (a) in ~he event of any breach of this Mortgage or defauit on rlx pa.t of the MORiGAGOR, or (b1 ~n the event any of sa:d sums of money ~~re~n referred ee be not pro~npt:y and tui{y paid vv~rF.~n tn,~ty ~3J~ da,s nex' a-+•_r the seme se.era'iy 6ecume d~e and payeble, w~thout demand ar notlce, ~ =r c) i~ thr event each and every the supu:ations, agreemen~s. co~d.r,o~~s and covenan~s o' sa d pro~nissory note and th~s mortgage a~y or either are not . '.;'y, promptly and fu1~y ~rfo.med, d scharyed, exrcuted, e4feued, cornpletcd, compi~ed w~ih ar.d a6~ded Sy, then in either w eny wch event the sa:d ag- -_3ate svm ment~oned in sa~d promissory nore then re~:w~n+:~g ~:~pa~d. ~wth ~ntrrost ac:rued, and a:V moneys secured he:eby, siwli b2comz due and pay ao ~ forfhwith, or thereafter, at ~he opt~on of sa~d h!ORiGAGzE. as fv~i~ a~xl co~.~ple~e;y as if a~i of ~hr said s~ms of money were or~ginaUy shputated : be pa d on s~th dey, anyth~ng in sa.d prorn~ssory note or In th~s A".ort9a~r to ~he contrary norw~ths+a~~d::sg, and thereupon or thereafter at the op~~on of s- J IAORTGAGEE, wrthout not~ce or dem~nd, svrt at law or in equ~ty, tnrretcre or thereat~er beyu~, may oe prosecuted as if all moneys secured hereby r-o matured p~~w to ~ts institut~on. ~ 7. That in the event rhat at the beginn~ng ef or at any t~~ne pendn~g a~y su~t uF~e? this Mo•tgage, or to fwedose it, or to reform it, or to enforce ~ ca.ment of any ciaims he~evr.der, sa~d 1~tORTGAG~E sha:I app;y to t1:e Co„~~ h3vn•g ~ur~sd.ct~en tt,_reoS for ihe appo:ntment of a Rece~ver, w.F~ Court sha~l r_•~hwith appo~m a rece~re~ of said mortgaged proprrty a:! and vngu,ar, inci~d ~;g a.l a~•d v~~yu ar the inco~ue, prof,ts, issves and revenues from whatever # s_ .•ce derived, each and eve:y of ,ivh.c'~, ~t be~ng exp:esvy ~nC~:sruc~ ~s F~: _cy ~ne~~~~g~d as ~i spec.f,calty set forrh and descr~kxd in the g~an~ing and r t±:;endum dauses hereof, and wch Recei.er :hai; have a t ~nr ur.:ad a~,d ~~+t~•c~:1•e fancr e~~s a~~d pe::ers in anyw~se entrvste~ by a Cowt to a Receiver, and ~ s_h appointment shatl be made by such ~o~rt as an ad ~drrd eG.,:ry a~id 3~r.aiter ef absoiute r:ght to sa~d MO~CTGAGEE, and without reference to the _;:eqvscy or inadeq~acy of the va;ue of ~he p~ope~ty mortg=ged or ro ~he so tiency or ,nso.,~ency of sa~d ~~IORiGAGOR or the defendants, and rh3t such ~.~s, profits, incane. ~ssues and reven~es sha:l be app~~rd by s~ch Rec~•:1er ~cord,r.g to the iien or equity o1 said MORTGAGEE and the prachce of wch Court. ~ B. To du!y, prompt!y and ful!y perform, d;scharge, execu+e, efie;t, co:rpi<re, con,p:y w:th and abide by each and every the stipuEations, agreements, ~ ,::^ditions and covenanrs ~n sa~d prom:ssory note and tn:s mortg~ye srT for:h. 9. That in the eveM the ownershic of the mortgaged pren,~ses. or anr part ti,ereof, L-ecomes vested in a per~n other than the MORTGQGOR, the : ~ RTGAGEE, its successws ard asslgns, may, wi~hout r.ot:ce to fhe ~'•ORTGti~R, deal with such successa or sutcessor in interest with reference to this ~ ^ o~tgage and SF~e d=o1 hereby secured in the same n.anner a5 vv~th ;.lortyago~ w:tho~t in any way vit.afing Or d~scha~ging the ~AortgagOrS' lidbility htrC- _ ..s .ti~ W~flOif AC:FG «o.~.... _ -t ..',L.-. a~.~.~.~ ~..~.~:~.Ji. C~. t:~-~.:~__ ..~C_.~.~ .-.~-~y_y~.. i.w ra . a~ asvgns and no ex~ens~on of the r,me for the payrr.enr ot the debe h::*_~y secured g~ven^by the 1hORiG~GEE or its svccessors or assigns, al~all operate ~~e~eaze, d~scharge, mod~fy change or affect the or:g~nal ;~ao.;~ty ot the A,ORTGAGOR herein, either in whole or in pa~t_ 10. It is spec~ffcaliy agreed thar ti:ne is of the esse~~ce of ~h:s co~~rracr and that no waive~ of any ob~~ganon hereunder w of the obligation se- ._•^d hereby shal! at any time tieereaiter be he'td to be a v.•aner of the terms hercof o~ of the ~nstrument secured he+by. i ~ 11. !n acid tlo~ to ihe jore3c-n~ rronth!y payn~~,nrs o~ p~~.~~: :~~I and i~~r~_~~~~s+ req~~red by the prom ssory nore se.u~ed h~•r~~by, morlgagor covenams •,i agrees ~o ~ay to mo-tgagee with each monthiy payr.:ent an ad:i~r~onaf su:n ~s~,n,a~ed b~ mo~tgagee to be eq~a~ to 1; 12 of tha ann~ai cost of the follow- ! ~ ! A-All rEal property taxn fev~e~ or assessed aga~•sT the above desc~~b~d r~al es~atc. ~ . ~ 6-Pr,n:~v~ns on (he and windstc,•m. insurarce as nere~n req~.r_d to bv ta'ri-d c~ tfie ~mproveme:tis s.tvutt O~ ihe above descrik~d prem~ses. C-Prern~u~rs on zuch mongage gua~ar.ty ir.sura~ ce as mo•tgagee sha~l frc~-: +~.e ro time deem f~t to carry on the loan sec~red hereby_ ~ Mortgagee s6e:l frcm time to ti^,e not~fy ~~orry;gor ~n ti~~r~ng of +he a:~ o.;~! d..e and payable hereundrr and wch s~rn shail thcreupon be due and ..ab:e o~ the due da+e of ihe nr¦t mo~th.~ p;i~r~ent and ea:h s~.,ccess~ve To•:th trereafr_r u~:til mertgagee shat! not;fy mortgagor of a change in such ~ o~M. $uch s~ms sha:l be a;;p!~ed by mortgag•ee ro~na~d the Fa~n,ent ot real property !axes, ins~rance P~C:TI:VTS, d~1d mortgage guaranty insurance + . . *~~~ums. ~ tN YJlTNESS ~YHERFOf, the sa;d MORTGAGOR ha: hereu^to set h~s har,d and seaf the day and year fi s! aforesaid. / ~ ~ n Sesled and delive~ed in the presence of: ~a') t r -2-' $ Wi ness• Y t ' an ~ . aq i t~ nna ar 1 ~sean ~ . MIi~ ION O!t CANADA rerwt~Mwa PROVINCB OR ONI?ARIO ~ ~ ~ n i t et~' ss. ~ / ~.~uvr~os of Leeds and Grenville ~ ~ eefwe me persona?1 a Nenry S c h ait t a~ ~ y ppeared ~ Anna ~,I~$ rJC~ltt his wi~e, to me well known and krwwn to me to bs ~ rhe individvals desuibed in and who exccuted the for oing instrument, and acknowledged befwe me that they executed the same for the purposes rFF.ein expresud. And the said__ An~' Ma?ria ~~1IIitt Henry Schaitt ~'e of Ihe said _ , upon a sepsrste and private e.aminatw~ by me taken separate and a~art from her sa~d h~sband, ack~ow:edged to and before me thaf she executed said instrumeM~freety and voluo- rauty artd wHhout any compuls~on, constra~m, apprehenilon, or fear of or from her said husband. ~ q - WITNESS my hand and official seal th~s_-_____~rZ day of ~Ce~er J1..D. 1971 - , ; . . , ;a " o a?y P~blic ~ ~4f! ~1Mpdr~!lr11~ ~ ' My Commission expires: - - . : Jtet~m To: - - ~ Firaf fedN~l SaV1ings b Loan Associat:on ~ C:% ~ ~ Of Fort P e~ce . ~ - V -0 , . Fort Pierce, Floridj .~r - _ ,.._~t J - , i :~'3 This Instrument Prepared By ~jp}1n W. COllins First Federal Savings & loan~sso=~atan of Fort PiercA d = eo~x ~.~8 Q,,~ 10fi4 _ Checked By - e~