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Home My WebLink About2795 3. To plece and continuously ke~p on the bu~!d~ngs now or heresf~~a ~itu~ts on ss~d land and on ~II equipment +nd persa++lly corend by this mor ~g~, w~~h •11 p~em~ums ~he~eon pa~d ~n full, fhe in~urance ~n ih~ ~~wl sfanda~d po~ky lwm, in a wm appro~.d b~ th~ MOR~uAGEE. ~nd w~ndsto insw~nce in ths usual standard pot•cy ~wm, in a sum approved by fhe N10RTGAGEE, in tuch con+p~~y w companie~ s~ ~ht MORTGAGEE i++ d~reU; •~+d ~II fire and w~ndsrorm insuranca po~K~es on any oi sa~d bu~ld~nqs, any interos~ thneen or part ttxreof, in ehe +pg~cpa+e sum afaeu~d ` in e:ccss thereof, sMll :ontain the usual standa~d matgages clause u such other cla~ss as t}~ Malgagee may requ~r~, r~a\irg the ~ou unde~ ssed po cies, e~ch •nd e~ery, p~yab~e ~e sa~d MORTGAGEF ~s ~ts interest rray appear, ~nd each and every sucA poGCy sMll be promptly a~s ~~ed a~d de~~ve+ed ~ sny held by sa~d MORIGAGEE a: iurrher securi~y ro said mor~~ag~ deb~, and, ro~ Icss than ten (!Ol daya in advance of the expir~rion o+ e+ch polKy. to d {~vN fo said MORTGAGEE • renewal thereof, to9eeher with a reteipt fot the premium of wch ronewal: and there shatl be no f~re or w~nds+o~m insuranc plKtd on +ny of said buildings. +ny interrst thfrrin w par~ thereoi, u~lcss in the form and with the tou payable as aforesa~d; and in the eve~t any sun of money becomes payabie unoer such poiicy w F,.,~~~~es .e~.: ;.::.~iG :uIE s'.a~: `a.a oN;: : :e:::.= a-~ s;.;::p !4e sa^:c c^ o! t!~e i~~-b+°d nea secured hereby w ro permit said MORTGAGOR$ to receive and u~e H d any parf 1hCreOf ior o:ner pu~poses. .v~~ho~t th~•.b~ wai~~+3 0. ~~~~pd~~ irg any equ~ty, I~en a r~ght under w by virtue of thu mor:ga9e; ind in the evcnt ca~d MORTGAGORS sha~l !a any reason faii to keep ~he aa~d prem~ses so iniured, or f~il f0 de7iver p~~rnptly iny of said pOlKies of insuranCe to sa~d MORTGAGEE, ot fa~i promptly to pay fui~y •ny premi~m lhercfor Ot in an~ respecl fail to pe~form, dixharge, execurc, effect. cor.~p,ets, compiy wirh and ab~i~e by th~s covc~ant, o. any part hareof, said MGRTGAGEE rnay plsce a~.c pa~r fw such insurance or ~ny psrt thereof w~thout waiving a ~ffectirq sny opt~on, tien, equ~ty, a rght under a by virtue of shis M«t9a9e, ~nd the t tull amount of esch and eve~y such paymem ahall be immediately due and piyable ~nd sM+alt bear interest from the dare thereoi until pa~d at the rate ot ~ mne per centum per annum and to3elhe~ vr~th tuch interest sha? be tecurod by the liet~ of this mortg~e. To permit, commit or suffer no waste, impairment w deter~orat~on of sa~d property or ~~y put thereof. 5. To pay all and singula? the costs, charges and e:penses, ~ncluding • reasonable sttuneY't fee and costs of abstracts of title, incurred a psid at e~y tirr.a by sa~d MORTGAG:E, becsusc or in the eveN of the fa~lwe on the pa~1 of tt+e aa~d MORTGAGOR ro duly, promptty and fully per4wm, d~xharge. e:ecure, effect, comp7efe, comply w+th snd ab:dc by e+ch •nd every the stip~laf~ons, agrctiments, conditions, and covenanrs oi sa~d promiswry note and sh~~ mwrysge any o: e~iher. and sa:d costs, ch~rges and expenses. each and every. shall be immeduiely due ~nd payable: whefher or not ~here be not~ce d~ mand, attempt fo coilKt w suit pend~ng; and the full amount ot each snd every such payment shait bea. interest from fhe date thereof until paid at tnc •are oi n~ne per ce~rum per an~~u-n; and al1 aaid costs, cha~ges and Fxpenses ~ncurred or paid, together w~th such interest, shalf be setured by the lien of this mortyape. 6. That (a) in the event of any breach of this Mortgage w de.'ault on the paA of thc MORTGAGOR, or (b) in the event any of u~d surtu of money herein referred to be not promptly ant! tu11y paid wirhin th,rty (30) days neat a~ter the same severa:Iy become due and payable, without demand a not~ce. or (c) in the even+ each and every rhe stipulations, agrrcments, cond~nons and covenants of sa.d promiuory rwte and th~s mortgsge ~ny a either are not iuly, promptly and f~ily pe.fo-med, d.scharged, executed, effected. completed, compi~ed with and ab~ded 5y, then in e+~her or sny such event the sa~d ag ,~~egate s~m mennoned in sa~d prom~ssory nore then remainin9 unpa~d, with interest accrued, and all moneys secured hereby, shalE become due and pay- ab~e forthwith, o. rhe~eaf+e., at ~k~e opf~on of sa~d MORTGAGEE, as fult/ and comple~cly as ii al{ of ~he said s~ms of money were or~g~nally tt~p~:ared ro be pa~d on s~ch day, anything in sa;d promissory note w in thia Matgage ro the contra.•y notwithstand~ng; and rhereupw? or thereafter a1 the opt~on of snid MORTGAGEE, wnhout notite o~ demand, suit at law a in equity, therefwe or thereafrcr begun, may be p~oaecuted aa if all moneys secure6 htreby nad matured pnw to rts mstiTUnon. _ 7. Tha~ in the e~ent that ar the bcg~nn~ng of or st any t~me pending ~ny su~t upon this Ma~~gage, a t"o foreclose it, or to reiwm it, a to enforce paymeM of any cia~ms i,ereurxier, w~c kiORi~,s~i,EE snaii appiy to ~ne Couri naving ~~r~sd~ct~on inereoi ior i{ie a~ei~ninKili ai a Rri~~.er, swh C~~ ahad0 fo~thwith appoim a recei~er of said matgaged property ail and s~ngu~ar, includ,ng ail and singu~a~ the i~uome, prof~ts, iss~,es and rcvenxs from whatever sovrce derived, each and every of wh~ch, it be~ng expressly undcrsrood, ~s hereby mo~tgagcd as ef spec:fically set forth and d~scribed in the yram~ng and habendum ciauses hereof, and such Receiver shall have a!1 the bro~d ar.d efiecnve funcr.ons and powers in anyw~se entrusted by a Cou~t to s Receiver, and ° s:,:h appointment shall be made by such Cour~ as an admitted equ~ty a~d a matte~ of absolute right to said MORTGAGEE, snd wi~hout reference to the ad~quacy a inadequacy of the value of the prope~ty mwtgaged or to the so.ver+cy or ~nsoyvency of seid MOR7GAGOR d the defendants, and that such .e~rs, profits, incane, ~saucs and revenues shall be appiied by such Receiver accord~ng to the lien w equity of said MORTGAGEE snd the practice of sucA CouA. 8. To duly, promptly and fulty perform, discharge, e:ecute, effect, complete, comply w~th and abide by esch ard every fhe stipulat~ons, agreements, conditions and covenanrs in sa~d promissory no~e and this mwtgage set forth. ~ 9. That in the event the owne:ship of the mortgaged prem~ses, or any part thereof, becomes vested in ~ perton otha tha~ the MORTGA('iOR, the A1pRTGAGEE, i+s succe:so~s snd ass~gns, may, without no~ice to the MORTG!?OR, deaf with svch successw w successw in interest with reference to ihis mor~gage and +he debi hreby xcured in the same manne. as w~~h Mo.rgagor w~thoot in any way vit~atiny or d~uharging ti~e Mc+rtgagori Iiabiliry herr under or upon tFK debt hereby secured. No sale oi the Frem~ses hereby mortgaged ar.d no forbearance on the part of the MORTGAGEE w its suctessors ` or assigns and no extension of the time for the payment of the debt hereby secur~d given by the MORTGAGEE or its successors w ass~gns, shall operate ro release, d+s~hsrge, mod~fy change w affect 1Fx orginai {iab~i~ty of the MORTGAGOR herein, either in whole w in part. 10. It is spet~ficaliy agreed ~hat time is of the essence of this coMraU and that no waiver of any obi~gation hereunder or of the obligatwn sr ~ c~red hereby ahall at any time thereafter be held to bc a waiver of the terms hercof or of the instr~mem tecured herby. 11. In add.r,o~ to the foregc ng month!y paym-nn of princ aal and irr.erest requ~red by ~he prom ssory no!e secu~ed hereby, morTgagor covenants ~ and agrees to pay to mo-tgagee w~th each monrhly pa,~nem an aod~~~onal sum es!~mared by mortgagee to be equal to 1, 12 of the annua{ cost of the fo~tow- ~ ;~g: ~ A-All real property ta¦rs leyied or assessed agai~st tFr_~ above descr~bed reat estate. ~ B-Pr~m,;ums on fire and windsto*m msu~a^ce as herein requ~red to be carried on the improvemtnts situate on the above d>scribed prert:ises_ C-Premiums on such mortgage guaranty insurar~cc as mo.fgagee shatl from t~me to time deem fit to carry on the ban secured he~eby. g Mortgagee sha'i from +~me to time notify mortgagor ~n writing of the arnount d~e and payable t~ereunder and such sum shaH the~eupon be due and ~ ~.ayabte on the due date of :he next month!y payment and each success~ve mon;h thereafter ur.til mortgsgee shatl notify mortgagor of a change in such a-•~ount. Such sums sF.a:! be app~ied by mwtgagee toward the payment of real propetty taaes, insurance prem,ums, and mortgage guaranty insurance ~ prem~ums. g IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day snd year first afor id. g . ned. Seakd and "vc.ed in the presence of: ~ ~ ~ L~1'1 , Q ~I aJ. s~ ~ S rlin ~,q : ' ` y~~ tsean t ~ _ n M 5 rlin ~,q ~ STA7E OF FLORIDA ~ ~ ~OUNTY OF St• L{~~@ ~ ~ ~ ~ Before me penonally appeared .TOSQ~ St~elZ~Il _ and ~ BVl1]I'fl M• St~utzlin his wife, to me well known ud krawn to me to b~ ~ •he individuels desuibed in and who executed the :or i~= wQant, and ackrwwledged before me that they e:e~'}F~'.~, ,w the purpotss ~ nc~rein ex essed. And the said $Vf 1j/R M ~ 11I1 - ' - , ~ ~L. , ; P~ hT-~..~.r-\~. ~ ~ wife of the ssid .10~D~1 g. SZ~Bt~~~~ •~i`~~;~ priv~t~ rr eaaminst~on by mc taken separate and apart from her sa~d hvsband, atkrawledged to snd befwe me that the eaawtkd~ , Qr~j~nt f~t fly;and volurr ~ rarily and without any compulsion, constraint, apprehtnsion, or feu of or from ber said hus • : _ " WITNESS my hand snd official seal thia_ Q 'j~, b; 19J~e , 7 i.,lL- day of s~ . . ~ . w+` _ ~r: ~ Nwary Public in ~r+d foi ~1~~ of id>' , r~e ` ~ ~ My Commission eapires: ~ ~ Ret~rn To: ~q~,~~~ p1 FLORIDA st LARGE _ fint Federal Savings a loan Associar;on MY CGlAMl~S10f1•'CXPIP,ES SfPT. 25, 1915 - Of fort P.e~ce. ~jnGeQ gy Aqy~p ~i01tCf5 IflSUptiGB Fort P~erce, Florida ~ • r t~EO ~Nr 4:caa~EO i sf ~uc~t cau,~Tr Fu~. Ra~~= ~v,Tpas J CtEA~ G. t~U;: COUR7 ~ - This Instrument Prepared By JObII h. Collins Rf~~~?~ rien First Federal Savings 8 Loan Association F~;:~ of Fort Pierce ~ R1oZ3,da ~~O " OS A~ i~~ r:~ fl Checked By ' °~r~ ~ ~~r~ 2 c~03 - ~ ~ ~ ~ ~ - . - - ~ _ _ . x~ _r.__ _ . _