The URL can be used to link to this page

Home My WebLink About0991 r ; , y • 3. To p~sc• •nd continuoualy kcep on the bu~:di~gs now or he~eafter ~ituate on sa~d lu~d and on all equip~nenl •nd personally cove~ed by this mor +g~, w~th •11 premi~m~ thereon pa.d in fu:l, fire inwrance the uwal s~anda~d po~~cy form, in ~ s~m approvcd by the MOR~GAGEE. and w~nds~o insur~nct in ~he us~al atandard po~:cy fam, in a s~m •pproved by ~Ae MORTGAGEE, in fuch company o~ compan~ei +s the A10R1GAGEE d~rect; a~d all fire ~nd w~ndstorm in~urante poliGas on any ol taid buildngs, any in?erest ther~in o? parl thereof, in the agg~egate w~n aloresa~d in ~xcess thereo(, shall con~ain 1he usual sundard morrgagee clause or such o~he~ c!susa af ths Mo+~g+gee may requ~re, making ~ha loss indrr sa~d po dea, e+cl+ and every, payab!e to sa~d MORTGAGEE as ~ts interes~ may sppesr, and each and every such po;~cy shall be prompdy ais gned and de~~verrd + •ny held by sa~d MORTGAGEE as further setu~~ty to said mortgage debt, and, not less Ihan ten (10) dsys in advancc of the eapirat~on ot each pol~cy, to d. Gve~ to uid MORiGAGfE s renewal tFu~eof, toge~her w]ih a rete~pt for the premium of svch renewa!; and there shall be no f~re or w~nde~orm ~ni~ranc placed on ~ny of said build~ngs, •ny intcrest therein o~ parl thc.eof, unless in the form arx! wi~h the loss payable as afo~esaid; and in the even~ a~y su~ of money becomes payabte unde~ wch policy w pofcies said MORTGAGEE shall have ~he opt~on ~o rece~ve end apply the ume on account of the i~~deb~ed ~ess seturetl he~eby o~ fo permit sa~d MORTGAGORS ro receive and use it p any par! thr:eof for o~i~rr pwposes. ~•.~~ho~t th~.~ o; :v.:~v~ ~3 or m:pa~. ~ng any equ~ty, lien or rght undar o~ by virtue of this mo~~qage; ~nd in ~he event sa:d MORTGAGORS shall for any reason fail lo keep the ia~d prem~ac~ so ~nsured, o~ fail lo del~ve~ promptly ~ny of said policies of insurance to said MORTGAGEE, or fail promptly to pay tuily any pr~~»i~m therrfor w in a~y reeped fail to pe~lorm, d~scharge, executa, effect, complete, comply wi~h ~nd ab~de by this cove~ant, w any part hareof, sa~d MGRT•'vAGEE may piace a~•o pay fw such insurance w~ny part thereof without waivinp w affectin9 any option, lien, equrty, or nght under w by virtue of th~s Mortgage, and the i~ll amount oF each and e.~ry such payment shall be immediately due and payable and shall bear interes/ from ~ha date thereof until paid at the rate o~ n~ne per centum per annum and to~ethrr w~th such interest shaii tx srcured by the lien of this mortyaga 4. To permi~, commit w suffer no waste, impairment or deter;oration of said properry or any pa~t the~eof. S. To pay alI and sir~gular the costs, charges snd expenses, ~ncluding a reaaonable atraney's fee a~d costs of abstracts of t~tle, incurred o? paid at eny time by u~d MORTGAGfE, betause w in the event of the failure on the part of the said MORTGAGOR to du~y, p~omptly and f~lly perform, d~uharge. aAecute, e}fed, complete, comply w~th and ab;de by each and eve~y the stipuiat~ons, agreements, co~ditions, and covenants of said promissory nore and thi~ .~~ort9age any or e~iher, and u:d costs, thargcs and eapenus, each and eve~y, ihsl~ be immed~ately dus and payabte; whether w not there be nonce dc mand, attempt to collecl w wit pending; and the full amo~nt of each and every svch paymem s!,all bea. in~erest from the da~e thereof unTil paid at the ~;re o; n~ne pe~ cen~~m per annum; and all said tosts, cnarges and expenses incuned w pa~d, iogether w~th such interest, shaU be secured by the lien of thi~ mortQay~. b. That (a) in the evem of any breach oi this Mortgsge or default on ~he part of the MORTGAGOR, or (b) in the event any of sa:d sums of mo~ey hcrein reiened ~o be not promptly and fully paid within thuty (~Ol days neat atter the same severa~ly become d~e and payab~e, withou~ demand ~o~ notice, or !c) in the event each and every the stipulaiions, agreements, cond~r~ons and co~enanrs of sa.d pror„~iwry note and th~s mortgsge any or either are ~ot ivly, prompdy and futly perfo~med, d:uharged, execured, effected, comptefed, complied with and abided hy, then in e~ther « any such evem the sa,d ag ~rc~ate sum menfioned in sa~d promissory note then remaining unpa~d, with i~terest accrued, and ail moneys secured hercby, shall become due and pay- eo:e forthw~th, a thereafter, at the opt~on of said MORTGAGEE, as fuily and completely as i1 all of the said sums of money were orginally st~pulated ~o br pa~d on such day, anything in sa.d p~o~nissory ~ote or in this Mortgage io the co~rrary notwithsuntling; snd therevpon ot lhereafttr a~ the opt~on of s~,d MORiGAGEE, w~thout oonce o? demand, suit at law or in equity, therefore w thereafter begun, may be prosecuted as if sll moneys secured hereby ned matu~cd pnor t0 ns mstituhon. ' 7. That in the event chat at the beg~nn~ng of or st any time pending any su~t upon this Mortgape, w to.~oreclose it, w to rcfonn it; or to enforce paymeM ot any claims Aereunder, said MORTGAGEE shali apply to the Gourt having ~u~isd,cYron thercof for the appo~ntment of a Receiver, ivch Court shail Icrthwith appoint s receiver of said mortgaged property afl and singular, irdud~~g all and singular the irtcome, profits, issves and revenues from whatever s~ur~e dNived, each and every of wh~ch, i~ bNnq expressly undentood, is hereby morrgaged as ~f spec~i~cally x~ forth and descr~bed in the granting and h3bendum clauses hercof, and wch Receiver shall have all the broad and eff~ctne funct,ons and powers in anyw~se entrusted by a Court ro e Receivtr, and s_;h appoinrment shall be made by such Court as an ad~nitted eqv~ty and a matter of absoi~te right to said MORTGAGEE, and wiihovt re~rrence to the adequaty o~ inadequaq of the vatue of the property mortgaged or to the so~vency or i~so~ve~+cy of said MORTGAGOR a the defendants, and that such re~~s, profin, incane, issues and revenues shall be applied by such Rece~ver accord~ng to the lien w equity of said A10RTGAGEE and the practice of tuch CouA. B. To duly, promprly and fully periorm, discharge, exccu}e, effect, compleie, comply w~th and abide by each and every the stipulatio~s, agreements, R :onditions and covenants ~n ss~d prom~sso~y note end th~s mcrtgaqe set forth. ~ 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the # .';`RTGAGEE, its succeuas and ass~gns, may, without not~ce to ~he JNORTGAOR, deal with such successor a successor in interest with reference to this ^ o•rgage a~d the deb~ hereby secured in the same manner as w~fh Mortgagor without in any way vit~ating w d~scharging tF~e Nlwtgagors' liabitity herr ~.:~der or upon ehe deb+ he~eb~ sec~~ed. No sale of the Fremises hereby mo~tgaged and no forbeara~.ce on t!~e pari oi the MORiGAGEE w its successors o~ ass~gns snd no eatens~on of ~he t~me iw the payment of the debt hereby secured given by the MORTGAGEE or iti s~ccessws w ass~gns, shall operate ra reiease, d~xharge, mod~fy change w affect the or~g~nal liab,:ny of the MORTGAGOR herein, either in whole w in part. 10_ It is speu~~caliy ag~eed tha+ t~me is of the e~sence of this contract and that no waiver of any obligat~on hereunder w of the obligntion sr , c~red hereby sha!i at an~ n~:e the~eaFter ~ he!d to be a wairer of the terms hereof or of the instrumeM secured herby. 11. In atid t:c~ ro rhe iorege ~~g r•ronth!y payments o+ princ pal and inre~est requ~red by the prom~sscry no!e secu~ed hcreb~, mortgagar covenants a• d agr~es to pay to r:o•tgagee v.~th each ~nonrh y pay~.:ent ar. add~rional sum est mated by morsgagee to be equal to 1;' 12 oi the annual cost of the follow- '3 i A-All reat proper!y taxrs :<<z~ or assessed agai•,st the above desv~bed rral esrate. . i B-premiums on f~re and «mdsro:m ~nsurar.ce as nere~n ~equ~red to be can:ed o~ the imp~oveme~TS s~tuate on the above d-su~bed premises_ ~ C-Prem~ums on such n:atgage g~aranty ~r.surar.ce as mortgayee shall from i•me to time deem fit to carry on the loan sewred hereby. ; " Mortgagee s^s~~ 'rcm t~me to t~me nonfy mortgagor ia w~iting of•the amoant d~e and paysble hereundr~ and such sum shall thereupon be due and ? ~ : 3,abte on the d~e da~e of ~he ~ext momh'i payment and each successfve month thereaiter until mortgagee shall notify mortgagor of a change in wch ' ~ ?-o~nt. $uch wms s~a.i !x app'~ed by morrgagee toward the payment of real property ta:es, ins~rance prem;ums, a+id mortgage guaranty insurance : u•emwms. ~ IN YIITNE55 LVH~REOF, the sa~d MORTGAGOR has hereunto set his hard and seal the day and year firat aforesaid_ ~ Signed, Sealed and delivred in the prexnce of: ) ~ ~ s~ G~/ (Seal) ~ ~ , ~ ~ , , i e . oo en cs~aq ~ G°y~ - ~ u` (Seat) ~ or a oo en t~aq ~ ~ S ~ aiE OF FLORIDA ~ St. L.UCle ~ ~ ~~uyrv oF 1 Befwe me penonally appeared Wiley G• WDOt@A and ~ _ Gloria .J. Wooten his wife, to me well known and known to me to be rhz individ~als dexribed in and who executed the fwegoang instrument, and xknowledged before me that they executed the same fw the pvrposes ~ ~he+ein e:presxd_ And the said_ GlOZ~a WOO~@~1 +.~fe of the said _ ~11@Y G. Wooten , upon a separsN ~nd privat~ ~ e¦am~n~t~on by me taken separate and apart from her se~d husba.id, sckrawfedged to and beforo me that she eaecuted said instrument fteely and volvn %s ra,lly and w;thout any compulsion, constraint, apprehen~op, or fear of or from her said~ s nd. ' ~ l ~ WITNESS my hand and official seal th~s- ~ ~ day of r~ -A. D. 19~LLi ; ' , . ; - ~ {r r ~ r 1 c~" Notky Public in end or tFk SNte 8L Horida at lerfle My Commiuion e:pires: ~ ' , ~ Rerurn To: h:Ul A : i • ' ~ :u;~ AT l~F~ . - ' First frderal Savi s 3 Loa~ Associat~on ~ ~ ; "9 }~Y,~=•• •r; -v'1t17S~ ; ~ Of Fort P erce. ri.P<~:~:1L I' ~:.~.ail. ~ . . ' . :.i. iI'f `a Fort Pierce, Fiorida y 3 - 7S = ?~~Ep Ah!? RECORDLD ~1. WC~E C•~UNTr ilA. \ This Instrument Prepared By B. Bzau[1 ~OCCa F~~TR~S `V~ CIERK c,:~.i;U~t COUIIT ~z Firsi Federal Savings 8. loan Association Rf~AR^ v£r'F;E] ~Y of Fort Pierce ~ RlOrida FEd z ~ ~ 28 aM ~~z Kti:; Checked By 'J°"' ' = M 2~3163 - 80~K 1~ PAGE 9~V k~: ~ ~ - - - - - - - - }•~c . ~ . - ~ I 4 ~ ' . _ . . - . • ^ _ ~ , . . . - . . . - _ I . _ _ . i