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Home My WebLink About2585 3. To p:ace a~d cont~n~o:s;v kcep o~ the b.,~ d~nga now or he•eafter utvare on sa:d ~and and on a:l eq~~p:rent and penona'!y covered br th~s mor a9e, w.ih all prenrums rnrreon i~a d:n t.,!i, f~re mn„~ance ~n ~ne ~?~at sto~~ard ~'~cy form. in s s..:T: a~.p~c.ed br tne A1JR ~•~+v~E, a d ~.~:~dsto ,nsvra~ce in ihe usvai sTSndard po..cy fo~m, m a surn arpro~ed by ~he 1NORTGAGEE, in such compa~~ o~ compan.es a~ r~e '.tOR~~aGEE m dnect: and all f~re a~3 w~ndiTO~m ~r.svron~e po!~c~es on a~y of sa~d bu~ d.~gs, any inrerest therr~n or part thereof, in the a99r~getr s.,~~ aio~esa~d ~n eacess thereof, shali :onta~n ~fie us:,ai sia ~dard mo~t~agee uause cr s~:h o~her de~se as the Mo+tgagce ~.,ay reqv.re, ma?ing tht ~cas ~ndt~ a~,d po c~es, eech and every. pa~a5 e ro sa~d h1~RTvAGEE as ,rs ~n~erest may appear, a~d each a~d every svch po~ cy sh~i; bt prOmptly ass g~~rd a~:d de ~~~r~ed an~ he~d by sad MORTGAGzE ss f~riher sewrity ro sa~d ~r.o:~gege dzo~, and, nor leu ~han ten t101 de~s in ad~ence of the exp~~at~on ot ea:h ~o.~cy, to d. I~~er to u~d A1pRTGAGFE a ~e.^.ev~a~ fhereof, ~oge~her wnh a rece~pt for the premwm of s~ch rene+~a~; and there shail be ~+o f.re cr ..:r,dsTO-m i~:s~ra~c p;xed on a~y of sa~d bu~'.d,~gs, any ~nrerest ~nere,n or parr thereo~, un es: ~n fhe fo:m and vv~~h the ~ais pa~ab'e as aforesa~d; a~~d ~n fhe r.e~~t s~.y s.,~ of money beco-nrs payabie vnder such palicy or poLC~es said A10RTGAvFE stisii ha:e ~he opt,on ro rec~~~e and ap~~'y tne sa~ne on ac:o~.v o4 ine inurtfrd nrss secured hereoy o~ fo perm:t sa:d MORIGAGORS to rece~ve and use it or any cr~r The-~~o~ ic• o•r.,• i.or;~ses ...~~~-:t rh-••.~• •.-,•;'3 "P-~" ~ng any ~qu•ty, i:en a r~gi~t vndr~ u~ b~ v~nue of tn~s rro:rgage; end ~n the tvznt sa.d M~RI:;AGORS sha'! iar any reason f~6! to ?;r,^ !he sa~d p~c~~~+_s so ~su~ed, Or fail 10 det~~er promplly eny of Said pO~~t:rs ol iniura~ue t0 sa~d MORTGAvEE, or 13i. prOmptly to p~y fu.:y any p'e'~'•.•n thcreto~ or In a~~y rospett fail to pe.fo~m, d.uha~ge. ~~rc~te, effect, con.p.ete. co~nply wnh artd ab~de by th~s cove~an!, or eny pa:t h:reof, sa~d MO2T~%~G;E n:ay p.acr a~a pa~ fw such inaurance or any ~,a~t fhrreof wahoui .aaiving w affect~ng any op~~on. tian. equny, or r~ght ur.der o~ by v~riue ot ih~: A1or~gi~e. a~d ihc t~il amount of each ar.d e.ery s.,ch payn:ent shai! Ix ~mmediareiy due and payab:e and sha:l bear inttrrst irom tne oara tnereoi unt~i p.:~d at tne rote ui ^~~e per cemum per ann~ n o~d r~g_:her ~~rh su:n in,erest sha~: be src..~ed by the lien of th+s mortgage. TO permit, tommit or suffa no ~waste, impai~ment w detenorat;on of sa~d proprtty or any part thereof. 5. To pay a!I a*+d i~~gu:ar the costs, cAarges a~d e:pe~ses, mcluds~g a reasonable atromev's fee and cosTS of abstrac~s of tire. incu.~ed or pa~d at ~~r time by sa~d MORIGAG'_E, because w~n ~he evrnt of the fa:!ure on the pa~~ of the sa:d MORTGAGOR to du~y. pr0nptly a~d fu:ly pe~form, d~sch~rge ~¦rcute, effed, compde~e, comp!y w:ih a~d ab.de by each and every ~hr Stip~~a~:ons, egreements, cond~nons. and covenanrs of sa~d p;o-.t~ssorr ~ote a~~d ~h.• ~~rtgage any or e~~her, and sa d cosrs, charges and expenses, each and every, shail be lmmed~ate:y due and payab;r, u~berher or nat there tx nef~ce d~ ^.and, atrempt to co:lect a su;t pend.~g; and the fui: a•no~m of each and e~ery. such paymem shall bea~ in~rresf from ~he date rhereof unti? pai~ at N~~c ~r of r.~rx per cent~m per a:z~~.~n; a~~ au sa~d costs. ci,arges a^d c¦crr:ses ~ncu~red o~ pa~d, toge~her w~th s~ch i~terest, shall be secured by the i~rn of th~s rno-tflage. 6. That (a? in the e~ent of any brrach of thii Mortgage or ~+efault on tF,~ part ot the MORTGAGOR, or ;b; ~n the event a~y of sa'd sums of money he-e~n refe.red +c be not ptGmp*ty and !u11y pa~d v.~Th;~ rn.+ty t33; days nexi a^er the same se~~e~a'iy becane due ar.d payab'q w~ifiou~ dzmand o. no~~ce. er ic) in the evem ea;h and every the sna~;at~ons, agree~renrs. cond~:~o+~s and covenan~s of sa d promissory ~otr ared th~s mortgage any or a~he~ a+e ne~ ~~iy, promptly and fuuy performed, d scharq>d, executed, efiectrd, compieted, compl~ed w~rh and ab~a~ ~y, then in e,ther ~ any wch eve~t ~he sa,d ag- ~•egare sum menT,oned m sa~d pro~lsswy nore then reme~n+ng ~npa~d, wirh ~ntere;i ac:rued, a~d a.i mo~e~s secured hereD~, st~aii beco~e due and pay- a~ e iorthwith, or ihereafrer, at ihe op+~on of ~,~d A10RTGAGEE, as fuliy and compie:E~y as ~f a~i ol the sa.d sums oi money v~ere ong~na:ly st.pu.ated ^ be pa.d On su[h dZy, dnythi~g ~n Sa~d prom.s5ory note or ~r. th~s Motl9age TO the contrary not.r~tnstand!~~g; dna tne~e~pon ot ff~~eeftr~ 21 the Gpf~vn of d MORTGAGEE, w~thout nonce o~ demand, sud at law or in equoy, therefore or thereaiier beg~n, may be prosecuted aa if all moneys setured hereby ~.,d mawred pnw to ,ts instrtutron. 7. Thaf in the event that at tne beginn:ng cf or at any t~m.e pend~~g any suit upon this Mortg~ge, d to foreclou it, o? to reform it, or to enfo.ce ; a,ment of anv c a~~ns he~eundzr, ss~d MORTGAGEE shafE app!y ro the Cour1 hav~ng ;u~:stl.c+:on the~eof fw the appoiMment of a Receiver, suth Court s~ail _~~hw~rh appo+m a.ecer.e. of sa~d mortgagcd proparty alI snd s~ng~!ar, incivd ng a~! ar+d s~ngu~a. the inmme, profrts, ~ssues a~d reven~es from wh;fever s_ _-ce der~ved, each and every of v.h.ch, r. be~ng eapress'Y undr~s~ood. u her_oy morfgaged a• ii speui~caily set forth and destnbed in the gram~ng ar.~ r aoend:,m uauses hereo4, a^d such Rece~.er shai: havr aii !he broad and effec+:ve f~~r..ons and powecs in anywne entrusted by a Court to a Rece~.er, a^d ?_ch appe~ntment sha~~ be ~r.ade by s~ch Co~n as an ad~itted eq~rty and a ma~rer of atsowre r;gM to sa:d MORTGAGEE, a~d w~shcut refere.~ce to tne e!ea.,~cy w ~nadeq~~acy of tne va~„e ef the property mo•rgaged ec ~o Th~ sc..ency or ~nse;vency o1 aa~d NtORiGAGOR w the defe~zda~»s, and ~hat svch r*s, profrts, inco.re, issues and ~evenucs shaii Le app~~ed Dy such Rece~ve~ acco:d.ng io tne Len w eqv~ty of sa:d MORiGAGEE and the practice of such Cc.;rt. B. To du'•y, prcmptfy snd fuiiy perform, d~scharge, e:ecu~e, efiect, corr~Iete, coma~y wrth and abide by dch and every the st~pu~ations, agreemenis. conditions and covenants ~n sa~d prom[ssory note and th:s mortgage set fortn. 9. That in fhe event the owne~ship of the mortgaged prem~ses, O~ any part the~eof, becomes vested in a person other than the r~10RiGAGOR, the 4'JRTGAGEE, its successoro and ansSgr.s, may, wiehouf ~rice to the A"ORivtiOR. dea~ w~th such s~ccessor o? successw ~n interesr w~+h reference to this ongage and the d_b~ hereby secured in the same manner as w~th r.tongaqo~ w~chout ~n any way vit:ating or dseha~ging 1he MorTgagors' Gah~iity here- _-•der or upon rhe deb~ hereov sxured. No sa;e of ~he Fren•~sea hereby mo•~gaged and no forbea~ance on the pan of the IhORTGAGEc or its s~ccessors c.~ ass~gns and no ex+ension of the time fo+ the payment o{ thc debT hereby secured given by the MORTGAGEE o+ its successors or ass•.gns, a~:all operate ' ro re~ease, d:scha•ge, mod~ty cF~ar.ge or affect the o~ig;na! liab:~rty af the MORTGAGOR herein, ertAer m who~e or in part. 10. It is speuf~cal:y agreed rhai t~me ~s o~ the essen~e of ff,~s contract and that no waiver of any ob'~gat~on hereunder or of the ob!igation se- ~ c.;red hereoy shai~ at any time thereaitr be heid to be a warver of the terms hereof or of the instrumeM secured herby. ~ 11. ;n aod ! c~ to ~~e forege momhfy ~aymenrs o~ p~~~c pai and ~n!erest requ•red by the p~om ssory no~e sewred hr.ebr, mortga~or covenants t ~ agr~es to ~ay !o r:G"t~d~fE r.~'h each mon•h y pa~~ •ent ar ad~ •~coal sum es• ~ a+ea 6~ mor~gagee to be equai to 1, 32 of t:~e annvai cost of the follow- e ~ ~ A-A~I *eat prope~ey raxas iev~,d or assess_o agn~•~s' tti~ acov? desa~bcd reai eitare. ~ B-Pr~•-.,,ms o^ f.•e and w;nosro•T ms~r3rce as he~e~n requ.red to be ca•r~ed an the :mrroveme~ts s:tvate on the above dascr~bed prem~ses. C C-P~e~~.ur~s o~ s„cn mor!gage g~aran~y ~ew~a••ce as mortgayee sha(i f~o-* f ine ro t~me deem ft to carry on the Ioan secured hereby. ~ N.ortgagee sne'! '•c~n ;~•ne `o f~me ^o~~f,- rne•~y~ger :n wnt.ng of fhe a~-o~^t d.,e and payab!e hereund?• and suc'~ suT. shail there~pon be due and a:ab!e on the ~~e da~e ci rne next mo^tn.y payT:e^~t and each successrve ~*•o•:th the:eaficr ucti! mortgagee sha!I not fy mortgagor of a change in wch 1 - ount. Such su:ns s~a:~ ~e apF~:~ed 'ey mcrtga3_e to~a•d ~ne pa~ment of rea! p~oper!y taxes, :nsurance prem.ums, a~•d mortgage g.:aranty insurance , .'^.IVT.S. ~ Iiv ~'11TNES5 LYHER~OF, the sa~d MORTGAGCR has he~eu~+o sef h~s hacd and seal the day and yea fint atoresaidN. ~ Segned, Seated and delivered in(~ he prexnce of: ~ ~ ~ - ' t T~ . ~ ~ Seal) ~ ~ 1 h rbeville - ~ cs~an . ~ _ cs~ai~ ~ ' Ethe2 Turbeville _ts~an ~ 5':,TE OF FIORiDA ~ u. ~ :;,ur~rr oF Iucie ~ Befwe me perwnally appeared RSZDYI T13Y'~V~l~e snd ~ Ethel ltiirbeville _ his w~fe, to me weH knov.n and knovvn to me to be '-ti rhe individuals descnbed in and who executed ihe foregoing instrument, and ecknow:edged before me that they executed the same for tM ~Foses ~ the~ein e: ressed. And the said Eth_el 1~u~beville R - ~ =-s Ral Turbeville ~ , upon ~ ~f~ at?d ivat~ fe of the said ~ ^,J e.am:nat~on by me taken sepa~ate and apart irom her said husband, acknow~edged to and before me that she executed said ir»trvr~f~~d~ ahd ~votun . :a ra~~iy and w~thout any compoision, constraint, apprehrns~or~ p fear of or fr~n her said husband. ~ ' . ~ ;~i WITNESS my hand a~d offic~a! seai th~s_ j 7,- _ day or January~-_ _.~j~ 1~ ~ - ,4: f.`, O j ~ i \ r ~ r _ Notery Pub:~c in and fo~tate of F(oiida.'.at l~r _ My Comm.asion expires: ~ } ~ ~ • ~ ~ ~ ~ Retum To: ~ - J _ First Federal Savings 3 loan Assoc~ar;on ' = Of Fort P t~ce • " Fo•t G~er~e, F~or'da f!LEO ~.MD RECORaEO ST ~uCi[ ~;9~yTY FIA. 3 FOGER ~~:'TRAS V~ This Instrument Prepared By J. D. ~'hastain CLEPK C' :GJIi COURT First Federal Savings 8 Loan Association RFCOF(` v~- ~F~~p,r~r of Fort Pierce , Florida - .1~ I l 3 s3 PH '1Z ' _ Chetked By s°oer.lg8 PAGf ~5~ 2222~ - 1 ~G