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Home My WebLink About2797 ' ~ i 3. To plact and continuously keep on Ihe bu~:dings now w hereafrer ~irvate on sa~d ~and and on •~i equ~pment and pc.so~~~~y covered by this mor +g~, with ~I) premiums therco~ pa~d in full, fire iniu~ance in ~he usuat s~a~dard po~~cy form, in s ium approved by the MOR~GAGEE, a~d w~~dsto insunnct in IM uswl s~anderd pof~ty fwm, in a ~um approved by th~ MORTGAGEE, in such twnpany or tanpanies a~ the MORTGAGEE direct; ~~d all fire •nd w~ndatorm insura~ce po~iues on any of said bu~id~ngs, sny interest therein o~ parl thercof, in the aggrcfla~e ium a~oreta~d t in ~xces~ ~hereof, shall contain the usual ~tanderd mortgagee dause or such otha clause as the Mat9ages may requ~re, mekin~ the ~oss undrr sa~d po f c~es, e~ch and ev~ry, p~yable to said MORTGAGfE ~t iti interest may appear, and each and eve~y such pohcy ~hall be promptly ats gned snd detive~ed + any heW by sscd IVIORTGAGEE as (ur~ht~ tKUrity to said mo~tgag~ debt, and, not less than len (10) days in advance of the eapiration of each pol~c~, ro d t~ver to said MORiGAGEE a renewal the~eof, toge~ha with a rece~pt for the premium oI such renewal; and rhere shall be ra fire or windstonn insuranc ~ plxed on any of said bvild~ngs, any inrcrest therein or part thereo(, un!es~ in the fo~m and w~ih the loss payabl~ as aforesaid; and in the eYent any sun of money betomes payabte u~der such policy or pol+cies said Mt7RTGAGEE shall l+ave ths opt~on to rccrive and apply the same on accoum oi the indebtrd ness ucured hereby w to permit sa~d MORTGAGORS to receivs and use if a any pa+t thereol lor or:~er purpases, ~vitho~f ~h_~ru~ .vai~i~3 0~ ~~~~pair ing any eqvity, leen or righl unde~ a by virtu~ oi this mo::ga9e; ~nd in the event u~d MORTGAGORS shall fa any reason fail to kecp the sa~d p~cm~srs w ~nsured, d fail Io del~ver promptly any of said polKies of insura~ce to sa~d MORTGAGEE, or fai! promp~ty to pay fuliy any pre~nium therefw w in a~y resped (ail to per(orn+, discharge, exec~te, elfed, comptete, comply with and abid~ by lhis covenant, p any part hereoi, said MORiGAGEE may Fiace a•~d pay fw iuch insurance w any part thercof wnhout waiving w affectiny any opuon, lien, equ~ty, or right under a by vir~ue of thia Mor~gage, and fhe f~ll amovnt of each and ev~ry such payment shall be immcdiately due and payable and shall bear intere~t from ~M dat~ the?eof until paid at the rate o1 n~ne per cenrum per annum and to~ethe. w~th such interesr shali be srcured by the lien of this mortgsge. 4. To permit, commit or suffer no wute, impairment a deterioration of said property w•ny pa?t thcreof. S. To psy all ~nd singular ths costs, chargp and cxpenses, inctuding a reasonable sttornev i fee and cosrs of abatracts of titte, incurred or pa~d at any fime by said MORTGAGfE, because or in the event of ihe failure on the par~ of the said MORiGAGOR to duly, promptly ar+d fully perfwm, d~scharge. execute, effect, complete, comply w~th and ab dc by each and every the ~tipuia,ro~s, agr~cr.ents, condilioos, and covenanq of ss~d promiswry note and this mortgafle any w eiiher, ~nd sa<d cosn, charges and eapenses, each and every, shall be immediatety due and payable; whether w not there be notice dr mand, attempt to coltect w wit pend~ng; and the full a~nount of each and evny such paymem shall bea. interest from fhe date thercof until pa~d at the rare o; nine per tentum per ann~:n; and all said costs, tharges and expenses incurred or paid, together w~th such interest, shall be secured by the lien of thi~ mortpsge. 6. Th~t (a) in the event of any besch of this A1lortgage or default on the part of the MORTGAGOR, or (b) in the event +ny of ssid sums of money herein referred ~o be not prompfly and fully paid within th~rty (30) days nea~ a4rer the same severa;ty become due snd payable, without demand a notice. or (c) in the evem each and every the :Npufatwns, agrerments, cond~tia~s and covenanta oi sa:d promissory note and th~s morrgage sny or elther are not i:,ty, promptly and f~lly perfwmed, d~uharged, e:ec~ted, effectrd, complcred, complied w~th and abided tiy, then in e~ther w any such evem the said sg gregate sum mentioned in said promissory note then remaining unpaid, with insrrest accrutd, and ali moneys secured hereby, shalt become due snd pay- rbie forthwfrh, or thereafrer, at the opuon of uid MORTGAGEE, as fvlly and completely as if e!I of the sa~d s~ma of money were a~ginally supu~ated tc be pa~d on such day, anythirg in sa;d promissay oote or in ~hia Mo.tgaqr ~o the contrary notwirhstand~ng; and thereupon or thereaher at the opnon of sa~d MORTGAGEE, without notice or demand, suit at iaw w in eqwty, therefore or thereafter begun, may be proucWed as if ~il moneys fecured hereby i nad matured pnw ?o ~ts insri~ut~on. ~ 7_ Thar in the event ihat at the bcginning of or at any t~me pend~ng any suit upon this Mortgage, or to foreclose it, or to reform it, or to enfwce .^jymeni oi any caims nefeunoer, said iv~vKeviavc[ sna~i appiy fio ine Lvwi neving jurnti:ci~vn ihe:e~i ii~r iiir eppvi~~inir:J v~ O RCIC~Y@T, Svi ~ Cw~9 s`o:7 forthwith a~point a rece~ver of aaid mortgaged property all and singuiar, incl~d.ng alt and s~ngu~ar the incorne, prof~ts, issues and revenues from whatever s~u~ce dereved, each and every of wh~ch, it being expressiy understood, is hereby mortgaged as if spec~ficalty xt fwth and deuribed in the granting and habendum clauses hereof, and sUCh Receiver sha~l have a~t the broad and ef}ective f~nct~ons and powers in anyw~se enfruated by a Court to a Reteiver, and s.,ch appointment shall oe made by such Covrt n en admitted equity and a maner of absolute r~ght to said MORTGAGEE, snd wirhout reference to the adequaty a inadeq~acy of the value of the property mortgaged or to the w~vency o~ ~nsolvency of said MORiGAGOR or the de!endants, and that such re~fs, profin, inco~ne, issues and revenues shall be applied by such Receiver accord~ng to t!x lien or equiry of said MORTGAGEE and the practice of suth CouA. 8. To duly, promptly and fully perform, discharge, execute, effect, comptete, comply with snd abide. by each and every the stipufations, agreements, cond~tans and covenan~s ~n :a~d promisaay note and this mortgage set fath. 9. That in the event the ownership of the morigaged prcmises, w any part fhereof, betomd vested in s p~+wn other than ihe MORTGAGOR, the ~ A'ORTGAGEE, its sutceuus and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference lo this mo~tgage and the debt htreby secured in the same manner as with Mortgagw without in any way vit;ating o~ d~scha:ging the Mortgagori liability Fxrr ! ~nder w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearsnce on ~he part of the MORiGAGEE or•its successws or auigns and no extcnsion of the time ior 1F+e payment of the debt hereby secu~ed given by the MORTGAGEE or its successors or assign~, ahall operate ro release, d~scharge, modify change or af(ect the orig~nal liab~l+ty of the MORTGAGOR herein, either in whole or i~ part. 10. It is spec+fically agreed that time is of the esunce of this contract and that no waiver of any obligation hereunder a of the obligat'an st c~,red hereby shafl at any time therea~ter be he;d to be a waiver of the terms hereof w of the instrument secu~ed herby. I l. In add,tion to the fo~ego ng monthly payments of princ ~al and interest required by the prom sscry no!e secured hereby, mortgagar covenants ~^-d agrees to pay to mortgagee v+,ith each monthfy payment an add~rional sum estlmated by mortgagee to be equal to 1 j 12 of the annual cost of the tolbw- A-All real property taxes levied w assessed agai~et the above deu~ibed real estate. B-Prem~ums on fire ar,d w~ndsrorm insurar.ce as herein requ~red to be car.ied o~ th_ ~mproveme~ts situate on the above described premises. ~ C-Premiums on such mwtgage gua•anty ir.surar.~e as mo~tgagee shaU from t me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to t~me nofify mortgagor in writing of the am.ou~t due a~d payable ixreund2r and such surn shall thereupon be due and ? c 3yable on the due date of rhe neat month:y payment and each successive month thereafier until mortgagee shall notify mortgagor of a change in such ~ ~~-ount. Such sums sFail be appfiecl by mortgagee toward the payment of reak property taxes, insurance prem:ums, and mortgage guaranty insuraoce i p.gmiums. IN WITNE55 WMEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ _ . igned, Sealed and elivered in the prexnce of: ~ _ an ; lius . SCriba ~sn ~ ~ :d~c a~r j'~ ie , J Scribd s~a~ ~ ~ _ (SeaO ~ ~ S'ATE OF fIORIDA ~ ~OUNTY OF S`Z . L.UC le ~ # ~ Beiore me personally speeared .~u 11 U S F. Sc r i b a } and :•tar jor ie J. Scr iba ~ - ' his wife, to me well knowtt:~ ~+y¢1lrn p me to bs ~ !he individwls desaibed in and who executed the fwegan$ instrument, and atknowledged before me that they exew~~(~N~/~I~I~JIrr.;f~r ~v~pose~ ~ ~ _ ,a rherein expressed. And the said tilar jor ie .1. Scr iba S i a' = y r ~ r. . ~ r+~te of the ssid lulius F. SCribo ~•~~r• ~ exam~nstion by me ta4en xparate and apart from her said husband, acknowledged to •nd before me that she exeLutlQ•jai~ inflryment it~(•_~ndrvOlun- ~ tarily and w~thout •ny compu~sion, constraint, apprehension, or fear of or from her said husbsnd. : ~ ~ ; ' WITNE55 my hsnd and offic~al ual this- day of Ja ' • A.~p.=i9 72 _ , ~ . . ~ ti • - - ~ Notary Pvblic in •nd foi . i~ ~ ~ My Comm~ssion ~xpires: ~ FLORIDA it LAR6E Re~urn io: • ES SEPT. 25. 1975 First Federsl $avingt 3 loan Assoc~a~.on Solldbd Bankers Inwrsnce ~:o. ~ Of Fort P~erce. , Fort Pierce, Florida F1lED AMC RECORDED ~ ST. ~UCIE t;0UNT1f FIA. ~ ~ " ROCi = ?diTRRS CIERF C: ;GUtT C4URT j AFCOF~ V~~.~F~~~r,i~ This Instrument Prepared By John W. Collins - First Federal Savings b Loan Association ~~Q 01 OS aN ~ ~ k:=, of Fort Pierce , F lor ida ~ =x._; i ~i Checked By i~~~~G?~~~~ 7 O s ~~8 ~27~ ~ - ~ M~___ - - ~ ~ _ _ - ~s_