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Home My WebLink About0889 To plsce end conli~uoustv leep on tF~ bw'd~npf f~Ow W 1~f~e~TiN MtuN~ O+~ fa~d ~~nd and on a~l cquip~nenr and personslly covered by ~his mor ye. w~th ail prem~ums Ihr~con pa.d ~n fvll. Ih~ inwr~M~ ~n ~h~ utwl t~~ndard pot~tY twm, ~n • wm apwovcd by ihe MOR~:vAGEE, a~,d w~nds~o msur~n~e in IM wual ~randa•d pol ty Iwm, H1 ~ ~um appror~d by ~M MORTGAGEE, in tutl? cO~+~pany or c.unpames as ~he A!OR1(aAGEE m d,rKtj and ~tl (ii~ ~nd w~~eorm irovrant~ polKi~s on any of sa~d bu~id~nyt. any inl~r~~t thaei~ w p~rt thereol, io ~he aggr~9a~e wm ato~eia~d In ~:cess thereof, ~Mtl conuin uiual s~a~+dard ma~yage~ clavs~ w sucA oth~r clav~~ ai ~M Ma~yagN may requ,n. m~?ir+g tha wss ~~~de. s.~,d po cief, each and every. paY+b!e ro sa]d MORTGAGEE ~s iri in~erest msy appear, and euh and wery tuch pohcy ihall be promptly a~s 9~rd +~~d de~~vered ~ •ny Aeld by sa~d MORiGAGEE as funhe~ ~ecurity to said mortyage deb1. and, r+of leu than ~en (101 d~ya in adya~~ce o1 ~he exp~~at~o~ o~ each poGCy, ~o d~ I~ver to said MORTGAGEE • tenewal th~rcof, toge~her with a rece~pt for the prtmium of such renewal; and the~• shall be no f.re or w~nds~o~~n ins~ranc p~xed on any o( sa~d buitd~ngs, any interesl there~n w part thereof, un~esa in iM form and wuh ihe ~osi payable as afoiesaid; and in the e~ent any su~ of mw+ey become~ pay+ble under such pol~cy w po6cies said MORTGAGEE shatl have Ihe opfion to receive and app!y the same on account o( ~he indrbtrd nesa secured he~eby o? to permit sa~d MORTGAGORS ro receive and us~ it a any par~ ~hrreof io. oi~rr pwF~asrs, .v~~iwut ~h:~. ~r w.:~.~ c~ ~~+a.:~' ~ng a~y equ~ty, l~en or r~ghi unde~ or by vir~ue of this mo~tga~e; and in the event sa~d MORTGAGO~S :hall iw any reason fa~l to keep rhe sa~d premises so :~sured, or iail ro deliver pro~npUy any of said polKies of iniurance to sa~d A~ORTGAGEE, a fail prompNy to pay fu::y a~y p~e~~~~um,~herefor o~ in a~y respect fail ~o pN(wm, d~scha~ge, execute, effect, comptete, co~nply wi~h and ab~de by thls cove~ani, a any part hareof, sa~d MGRTGAGEE may piace a~a pay fa such insurance or sny pa~t tharcof w~thou~ waiving w affectiry any opt~on, I~en, equ~ty, or r~ght u~der or by v~rtue o! ~h~s Mo~rgaye, and +he f;,!1 amount of each and e.e.y such payment shall ba ~mmediately due and payabie and shafl brar inroiest f~om tM date thereo( uniil pa~d at the rate of n~ne per centum per annum and to~ether with such inrerest shat~ be srcured by the lieo of this mortgage. 1. To permit, commit w suffer no waste, impairment or deterioration oS sa~d property a any pa~! tl~ereof. 5. To p+y all and s~n9ulsr the costs, charges and expenses, includ~ng a~easonable attwney's fee and cos~s of abst~ads of tide, incorrcd or paid a? eny time by sa~d MORTGAGfE, betause a in the evem of the fa;lure on the part of Ihe said MORTGAGOR to d~ly, promptly and fv11y perlorm, d~xharqe. a.ecute, effect, complete, comply wnh and ab.de by each and every the stipulahons, a9reements, cond~tw~s, and covenann of sa~d pro:n;ssory note a~}d ih~s ~:orfgaye any w e~~her, and sa;d costs, charges and e:pe~ses, each and every, :hall be immediately due snd payable; whether o~ not fhere be no+~ce de mand, attempt to collect w suit pend~ng; snd the futl amounl of each and every such payment shall bea~ interesl lrom the date the~eof u~~il pa~d al the .,re o~ nine per cenrum per an~~urn; and ail said tosts, charges and ew~enses ~rxurred or paid, together w~th such interost, shall be secured by the lien of th~f mortyage. 6. Thst (a) in the event of any bresch of this Mortgage or default on the part of the MORTGAGQR, a(b) ~n the event any of sa;d suma of money herein referred ro be not pranptly and fulty paid wiihin th~rty (30I days next afrer tht same serera:ly beco~~e due and payable, without demsnd or not~ce, ar ic} in the ercm exh and evey ~he st~pulaiions, agrcements, cond~r~a~s and covenams of sa~d promissory note and th~s mertgage any or e~~her aie not +~ly, promptly and fuliy pertormed, d:scharged, exetuted, eftccttd, completed, cwnpi~ed wiih and ab~ded Sy, tAen i~ e~~her w any such evem the sa~d ag- ~~egate sum mentioned in said promiuory note then rema~ning unpaid, with interes~ aarued, and a~l moneys secured hereby, ihatl become due and pay ao.e forthwith, o~ thereaffer, at the opt~on of sa~d MOQTGAGEE, as fuily and completely as ii all of the said sums of money were or~g~na~ly st~pulated fo be pe~d a+ such day, anything in sa.d prom~ssory note or in this Mwtgage to the contrary not,~v~thstanding; and' thereupon or thereaSrer at the op~~on of :a.d MORTGAGEE, w~thout notice or demand, suit at law w in equity, therefore or thereafrer begun, may be prosecuted as if all moneys secured hereby n;d matured pnor ~o ~ts institution. 7. That in the event that at the beginning of w at any tirr.e pe~ding any su~t upon this Mortgage, a to fweclose it, or to re(wm it, or to enforce payment of any ciaims hereunder, said MORTGAGEE shati apply to the Coart hav~ng ~ur~sd~u~on thereof for the appoimment of a Receiver, such Cow~ shall r~r.hwith appoint a receiver of sa~d mortgagcd property alt and singular, includ,ng aU and singutar the income, profrts, issues and revenues from whatever seucce drrived, each and every of wh:ch, ~t be~ng express!y undersrood, is hereby mortgaged as it spec;flcally :et fo~tA and describrd in the graming and ~ h3t>endum clauses hereof, and such Rcceiver shall have all the broad and eifec!~ve funcr.ons and powers in anyw~se entrusted by s Court to a Receiver, and s.:h appointment shall be n~ade by such Court as an ad~nitted equity and a matter of ahsol~re righl to said MORTGAGEE, a~d without reference to the ; edeq~acy or inadeq~acy of the value of ehe property mortgaged or to the to:vency or insolvency oi sa~d MORiGAGOR w the defendants, and tha~ svch ~ re^~s, profits, ir~cane, issues and revenues shali be appiied by such Rece~ver accerd~ng to the lien w equity of sa~d MORTGAGEE and the practice of such ~ Cou». i t 8. To duSy, promptty and fully pe.form, dlscharge, execute, efiec~, complete, comply w~th and abide by each and every the stipulations, agreements, ~ :cnditans and covenan:s m sa~d promissory note and thes mortgage set forth. - } 9. That in the event the owncrship of the mortgaged prem~ses, w any part thereof, becwnes vesfed ~ a petsOe~ oth~r iMn _the MORTGAGOR, the ~ 4'.pRTGAGEE, its successon and ass:gns, may, wiihout norice to the MORTGAOR, desl w~th such sucteuw or sutcessw in iroaesl with re(aence to this n,o•tgage and the debt hereby secured in the same manner as w~th Mo~tgagor w~thout in any way vitiatinp a d~xharginq the Mo~tgagors' lisbility here- ~nder or upon the deb+ hereby secured. No sak of rhe premises hereby mortgaged ar.d no foibearsnce on the part of the MORTGA(~iEE p iri succetsors o~ ass~gns and no extension of the t~me for the payment oF the debt hereoy secured given by the MORTGAGEE or its successws or auigns, shall operate ~o release, d~scharge, modify thange or aftect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole a in part. ' 10. I? is spec~ficatly agreed that time is o~ the esxnce of this contract and that no waiver of any obt~gat~on hereunder or of ihe obligation se- ~ cured hereby shall at any time thereafter be held to be a waiver of the terms hereol w of the instrumeN secured herby. f 1 1_ In add t;o~ to the forego r.g mo.uh!y payments of p: ~nc pal and imerest requ~red by the prom~ssory no~e secured hereb~, mortgagor covenants ar,d agrees to pay to mo:tgagee v~ith each monthly pay~.~ent an add~~ional sum est~rc,atcd by mortgagee to be equal to 1~' 12 of the annual cost of the lolfow- ~ A-Alt real property taxrs lev~ed or assr:sed agai~s~ th~ above des!riyed real estate. E B-P~eT~ums ort fire and windsrorm inswance a~ here~n reqv~red to !x carried on ~he Imp~ovements s~tuate on the above descnbed prem;ses. ~ C-Prem~urns on such mortgaqe guaranty insurar,ce as morrgagee ~ha11 Irom t~me to time deem fit to tarry o~ the loan secured hereby. ~ Mo~tgagee sfiail irom nme to t~me noe;fy mongagor ~n wr~t~~g of the amou~t d~e and payable hereundrr and such s~rn shait thereupon be due and ; ~ ; ayabk on the due date of the next month'y payme~t and each succe:sive month thereafter ur.ti~ mortgagee shall not~fy mortgagor of a change in such ~ ~ ~~.ount. $uch sums sF.a;I be app!ied by mo~rgagee toward the payment of real property taaes, insura~ce prem:ums, and mortgage guaranty insurance ~ r•emiuma. : IN WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto xt his ha~d and seal the day and year first aforesaid. ~ Sgned, Sealed and delivered in the presence of: ~j'~ ~ ~ 1 ~ ~~Sesf) ~ _ omas W. Gore Jr. ~ cx.~~ 4 ~ _ _ _ l,~-r~c.- cseaq ~ Sus8r1 A. (302`e (sean ~ h - r S~AiE OF FlORIOA ~ ~ COUNTY OF St. • LUC ~e ~ ~ 8efwe me penonally appeared ~102453 w. d02~~ Jr. a~ ~ _ S'38an A. ~101~ his wife, to me well known and known to me to bs ~ the individuab described in and who executed the foreyany instrument, and scknowledged before me /Mt they e:ecuted the same fw tM purposes ~ rherein exp?essed. And the said Susan A• rs02'e ~ +~~?e of the ssid ~10I089 W. Ci02~@~ Jr. ~ rate_+nd Pon. seP+ Prtv ~ e.amination by me taken separate and apart irom her said husband, atknowledged ro and before me that she executed said instrue~~~ffNfr i/~d vqluo- "3~` ran{y and without any computsan, constraint, sppreh s~ or fear of or from her taid husband. • ` WITNE55 my hand and offit~al saal thi~ _ day of Janua 0:_19~ ; ~ . , = Notary Pubtic in and w the Stats~ ~ flo~~i •t Larp~ My Comm~ssion expires: i ('~q - ~ Reru.n To: ~ t ~ ~ ~ ~ }il ~ ,'"~~~1 ~ • ~ < First Feder~l Sevings 3 loan Associat~on . 3_ 7 d~ ' . ~ _ ~ . Of Fon V,e~ce ~ ' . • Fort Pierce, Florida ~~~~r'•""~ ~MD RfC ~ E GOYAtt . ' ~~~~~~p P4J~p t ~ , - This Instrument Prepared By d. H. RObe2'ts~ Jr. O1~RK C~RCyIT t" - First Federal Savings 8 Loan Association ~~n ~E~~~%s~s,~~ _ of Fort Pierce~ FlOrida ~ ; ; I I? M9 P~ '7Z ~ Checked By - .~r~ t l~ Gi a~~9 ~ ~ ~199 ~ 888 19 ~ ~ _ _ _ - - , ~ ~ : - ~ ~a ; - - F , 3~ i-. _ _ . _ , _ ' _ ' _