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Home My WebLink About0989 To place and co~tinuo~sly keep on ~he bui'd~ngs now or hereai~er situale on aa~d ~and and on ati equipmem and penonally covered bt ~h~s mo~ sge, w~lh all prem:ums ihereon pa:d in iull, fire ins~rance in ~hc usuel sta~~d~rd po~~cy fo~~n, ~n a sum aHpro~ed by the MUR~uA'vFE, and va~~~di~o ~n:vrooce in the uwal standard pol.cy form, in a sum approvnd by the MORTGAGEE, in svch company or canpan~es as th~ A',ORi'vAGEE d~rett; a~d all (ire ard windstorm inwrance po~~c~es on a~y of sa~d build~ngs, any ime~esl theiein or parl thereof, i~ ~he aggrrgare su~~ atoresa~d in e:cess lhcreo(, shall co~tain the usual s~a~*dard mongagee dause w such o~he~ c~ause as the Morrga9ee may requ:re, ma\ing the ~css u~drr s„d po c~es, each and every, payab!e lo said AIORTGAGEE as its mr~rest may appea~, and each and every wcfi po~~ty shall be promptly ats gned a~~d de•~v~red + any held by seid MORTGAGEE as funher secur~ty ~o aa~d mongage debt, and, not less than ten (10) dayt in advance of ~he eapi~at~on of each po~~cy, to d~ Gver to said MORTGAGEE a renewal thereof, toge~her with a rece~pt for the prsmium of wch renewal; a.~d ~here shal~ be ~o f.re or w~~~ds~o•~.+ inwranc p~aced on any of said buitd~ngs, any interest there~n or part thereof, unless in the fotm arx! w~th the lo:s payable as aForesaid; a~d in the even~ any s~n of money becomes payable unde~ such policy w pol~c~es sald MORTGAGEE shall have ths opt~on ro recane and app!y the sa~ne on acco~nt of the ind~btad nrss secured hereby w to permit sa~d MORTGAGORS to receive and uie it p a~y part the~eof io~ other pur~~osrs, v.!~r~o~t th,•.o~ ~v.:~~.~+~ or ~•~~p.;~~ ~ng any equ~ty, lien d right under a by v+rtue of this moc:gage; and io the event ~a:d MORTGNGOR$ shall for any reason tail 1o keep the sa~d p~emisas so inwred, or fail lo delrver promptly any of aaid poGties of insu~ance to said MORTGAGEE, or tad promptly ro pay fv~ly any p~r~+~~.,m thc~efor or ~n a~y reapecf fail ro perform, dncharge, eaecute, e~FeU, tomplete, comply wi~h ard a5ide by this corenant, or any part hrreof, sdid MGRTGr~GEE may p~ece a~a pay fw suth insurance or any part Ihereof without waiving o~ affediny any option, lien, equ~ty, or ~i~ht unde~ w by virtue of th~s A1or+gage, and the fuU amount of each snd e~ery such payment shall be im~nedJately due and payab:e and shall bear inte~est trom the date thereof unt? p~id at the rate ol n~ne per cenrum per ann~m and to~ether with such int.rrest shali be srw~ed by the lien of this mortgage. 4. To permit, comm~t or suffer no wasre, impairment w deteriorarion of said p~ope~ty or any part thercwf. S. To pay all and singul~r the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at any time by aa~d MORTGAGfE, because or in the event of the (a~lure on the part of the sa~d MORTGAGOR 1o duly, p~o~nptty and !ully pe~torm, d~scharge. execute, efiea, complete, cornply w~th and ab,de by each and every the st~pulai~ons, agreen,ents, cond~t~ons, and covenants oi sa~d pro~nissory ~ote and ~h~s ,,ortgage any or either, and sa:d coats, cherges and expenses, each a~d eve~y, shatl be immediately due and payable; whether p not tAere be ~a~~ce da mand, attempt to collect or suit pendmg; and the full a~no~nt oi each and e~ery such payment shall bea. interest from the date thereof unril pa~d at the :..fe oi nine per ~zntum per annum; and all sald costs, cnarges and e~pensea fncurred w paid, ~ogether w.th such interest, shall be secured by the Gen of this morfgsge. ~ b. That (s) in the event of any breach of this Mo~tgage or defauft on the part of the MORTGAGOR, or (b) in thc event any of sa:d sums of mo~ey herein referred to be nol promptly and fully paid wnh~n ~huty (30) days next atter the same seve~ai4y become d~e and payabte, withou~ demand w not~ce, or (c) in the event each a~d every the stipuiauons, agreements, tonditions artd covenanrs of sa d prom~ssory note and th~s mortgage any or either a~e no~ ~u!y, promptly and futly performed, d,scha~ged, executed, effccted, compteted, compt~ed wnh and ab~ded Sy, then in e~ther o~ any such event the sa~d ag gregate wm mentioned in said prom~sswy note then remaining unpaid, with mterest aarued, and ail moneys secured hereby, shall become due and pay- ab'.e forthwith, or thereafter, at the opt~on of sa~d MORTGAGEE, as futly and comp:ete~v as i! al{ o~ fhe sa~d sums oi money were or~ginally st~p~;a~ed to be pa~d on wch dty, a~ything in sa.d prom~ssory note or in this Mwtgage to ~he conrrary notwithstandu~g; and thereupon.pt thetaafitr ~t the opuon of ia~d MORTGAvEE, without no~:ce or demand, suit at law or in equ~ty, therefore w Ihereai~er begun, rnay bb p?oucuted a~ if all moneys secured hereby . ~ ~ ~ n~d maturtd pr~or lo Js institutio~. 7. That in the event that at the beginn~ng of or at any time pend~~g any su~t upon th~s Mwtgage, or to fdeclose it, or to reform it, or,~to e~force payment Of any claims heteunder, said MORTGAGEE shall apply fo the Court having jur~sd.tt~on thereoi ior the ap~oi~finent Of a Receiver, Such Co~rt ihafl icrthwith appoiM a receiver o~ said mo~tgagcd propert~ all and singular, includ.nQ ail and s~ngv~ar the income, profds, issues and reve~ues from whatever srurce dereved, each and every of wh~ch, ~t bei:,g expressly understood, is hereby morrgaged as if speu~~caily set forth and dexribed in the grant~ng and ~,~bendum clauses hereof, and such Recerver shall have alt the broad and effec~~ve funct,ons and powers in anyw~se enrruited by a Court to a Receiver, a=~d s_,h appoiroment -shall bc made by svch Court as an ad:nitted eqoity and a maner of absof~re ngh~ to said MORTGAGEE, and wifhout relerence ro the adequ:.cy o~ inadequaey of the value of the property mor~ga9ed or to the so:venq or mso~vency of sa~d MORTGAGOR or tha defendanrs, and ~hat such re~rs, profits, inco~ne, issues and revenues shail be applied by such Receiver accord~ng to ?he lien w equity of aa~d MORTGAGEE and the practice of such Courf. 8. To duty, prompt!y and fu~~y pe~torm, d~scharge, exetute, effect, compiete, cor.~piy with and abide by each and every the stipulations, agreements, cond~tions and covenants in sa~d promisswy note and fh~s mortgage set forth. 9. That in the event the ownerah~p of the mortgaged pren,ises, or any part thereof, becomes vested in a person other than the MrJRTGAGOR, the Y.ORTGAGEE, its successors and ass~gns, may, w~~hout nonce to the MORTGaOR, deal w~th such s~ccesso+ a successor in ~nteres~ with refrrence to this ~~or+gage and the debt hereby secured in the same manne~ as w~th ldo~tgago~ w~thout in any way vit;ating o~ d~uharg~ng the Mortqagors' iiaoility hcrr :;~der or upon rhe deb~ hereby secured. No aale of the F~em~ses hereby mortgaged ar.d no fo:bearance on the pan of the /dORTGAGEE or its svccessors or assigns and no ez~ension ot the teme fw the payment of the debt hereby sec~red given by the MORiGAGEE or its successors or ass~g~a, sLall operate ro rolease, d~scharge, modify change or affect the orig~nat liab:l~ty of the NORTGAGOR herein, eithcr in whole u in part. 10. It is spc~ufically agreed that time is of the esse~cc of this contract and that no waiver of any obligat~on hereunder or of the obligation sr ; cured hereby shali at any time fhereafter be held to be a waive: of the terms hereof or of the instrument secured herby. ! 11. In add:t;o~ ro the forego ng monrh!y paym_nrs of pnnc aal and intereSt requ~red by the prom:sscry nae secured he~eby, mortga~or covenants j a d agrees to ~ay to m.ongagee v~+th each morohiy payr,,ent an add~nona! sum es! ared b/ niortgagee to be equal to 1, 12 of the ann~al cost of the foiiow- ~ A-AII real property taxes lev~ed or assessed agains~ ~he above descr;5ed real esrate. g B-Prem~ums on fire and windsronn ~nsurarce as nere~n ~equ:red to be cani.:d on the «-+;;rovemeits sa~ate on the above described premises. g C-Premiums on such mortgage guaranty ir.surar,ce as mongagee sha~l }rom t me to t~me deem fit to ca•ry on the loa~ secured hereby. ~ Mortgagte sF.all frcm nme to time notify mortgagcr in w~iting of the amouM due and payable hereundrr and such su~n sha? thereupon be due and ~ ,~,abte on the due date of ~he neYr month:y paymem and each wccessive month thereafter ur,til martgagee shall notify mortgrgar of a change in such ~ , ount. Such sums sFail be applied by mo~rgagee roward ihe payment of rea! preperty taaes, insurance prem.ums, and mortgage guaranty insurance ~ r,~e-riums. ~ IN YJ~TNESS WHFREOf, the said MORTGAGOR has hereunto set his hand and seai the day and year first afwesaid. - ~ ~ ~ ~ Sgned, 5 ed and e1 ered 'n the presence of: ~ ~ ~ ~ Sea1) ~ - ' ($eal) ~ ~ _ ' " ~ " C~' ~ .~faq ~ _ l5eaq M SiA1E OF fLORIDA , SS_ couNrY oF St. Lucie j ~ Franklin A. Harris Befue me personally appeared ~ _ Valerie V. Hazris his w~fe, to me well known and known to me to be rhe individusl• described in and who executed the foregoing instrument, and acknowledged before me that they ezecuted the same fw the purposes rherein e:pressed. And the .a~d_ Valerie V• Harris _ Fraanklin A. Harris js w:fe of the said - - - upon a separate ~nd ~ivate ~ e*amination by me taken separate and apart from her said husband, acknowledged to and beiore me that she eaecuted said instrument treely and volurr 3 ranly and w~thout any compuision, constraint, apprehe~s~on„g~ear of or from her said husband. ~-s - WITNESS my hand and offic;al seat this_-~ day o1 Februaz A. D. 19 72 Nobry Pub in and for the $Jate of fbrida at lar9e ~ My Com ~on exp~rer. ~y_ G/? 7 S~ 4'`' Return To: ~ Fint Federal Savings 3 toan Associat~on NOTARY PUB!_IC STATE OF FLORIOA AT LA :~i Of Fort P,erce. ~tY CO.`s1MISSION EXPIRGS AUG. 6. 197~~ = forr P~e.ce. Fio~~d~ GENERAL INSURANCE UNDERWRITER$, i`~ FILED AMD RECORDED - - ST. WC~E C4UMTY Fl~. This Instrument Prepared By B. Brau» . _ ROCE~ p~'•~R~S ~ First Federal Savin s& loan Association CLE~K C'i~ ;U~+ COURTM( ~ 9 PFCOR_ ~F~ ~ i~~.jt~ - of Fort Pierce, Flotida . ~ - ' } Checked BY - 1 EB Z ~ ~ 28 HIl 2~ss2 ' 600K P11GE 900 ~ ~ - - . . . _ . _ , . - - ;