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Home My WebLink About1325 • . . ~:•.t ~ ~ 3. To p!ace and continuous~y keep on thr bui'dings now or he~eafrer ~~wate on sa~d land and on al{ equipment and personally covercd by ~his mo~ sg~, w:th ali preni~ums ihereon pa.d ~n (~II, fire insurance ttia usual sTa~:dard po!~cy form, in a s~m a~:p~oved by ~he tAOR~GaG:E, and w~redsro msunnce in the uwal standa~d pol~cy form, in a wm approved by the MORiGAGEE, in eucfi canpa~y or compan~es as the h~ORTGAGEE m dnech a~d ali iire and w~nJsrorm inw~ance po!~c~e• on s~y of sa~d b.n~d~ngs, any ;n?erea~ the~ein or part ~hereol, in the aggregafe sv~n aforesaid in eacest thereo(, shafl tontain the u~ual standard mortgagee ciause or such o~he~ dause ~s ths Morrgagee may reqv~ra, ma?mg the loas under ~,~~d po ~ Nea, eath and everY. paYab'e to sa~d MORTGAGEE at ~ts ~n~ereat may •ppear, and each and every sucA poi~cy shall be ptomptly ass gned a~~d de~~Ye«d ~ any held by sa~d MORiGAGEE as further security to sa~d m.o~tgage debt, and, not less than tcn (10) days in ad~a~xe o1 the expi~at~o~ of each po~~cy, to d~ Gver to ~aid A10RTGAGEE a renewal thercoF, ~o9e~har wiih a rece~pt 1or fhe premium of auch renewal; and there shall be no f~re or w~ndu~~m int~ronc plated on any o1 sa~d b~ild~ngs, any interest the~e~n w part thereof, un!rss i~ the form and with the loss payab~e as aforesaid; end in the eveM any su~ of mpney becomes payable undcr s~ch policy a poGcies seid MJRTGAGEE shall have the op~~on to rece~.•e and app!y thz same on accouni of ~he indrbtud nrss sec~red Mtreby o~ ?o perm~t sa~d MORTGAGOR$ ro receive ard uae it or any , a~t thr.eoi lor o:n_•r purF.OSCS. v..~nO~f ~h••~ u; .v:~.~ or ~~•~p..~~ ~~g any equAy, lirn w ~i9hr unde~ ar by virtue of this moregage; and in the event sald MORTGAGORS sha!I for any ~eason iail to keep the sa~d p~em~szs so ins~~red, or fail to dei~ver promp~Iy any of ia~d polK~es of insurance ro sa~d MORTGAGEE, or fa~l p:omptly to pay fuily any pre~~~~vrn thcrefor or in a~~y renpec~ fail ?o per(wm, ~+~scharge, execute, effect, complete, comply wiM and ab~de by th~s covan~nt, or a~y part hrreof, said MGRiGAGEE may p~ace a~0 pay fa iuch insuran<e or any part ~he~eof w~~hout waiving or affec~ing any op~io~, lien, cqu~ty, or rignf unde~ or by virtue of rh~s htorfgage, and the f~ll amount of each and every sucA paymenf shall be immed~a~ely due and payable and shall bear lntereat from the date ~hereof un~~l p„~d at the rafe ol n~ne per cenrum per annum and to~ether w~th iuch infe~est shal~ be srcured by the tien o1 th~s mortgage. 4. To permit, tommit w suffer no was!e, impa~rment w deter~oration of said property or any part thereof. 5. To pay all and singular the costs, cha~ges and expenses, i~ctuding a reasonabte attorney's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, because w in the evenl of the failure on the pan of the said MORTGAGOR to d~ly, pranptly and fuily per(am, d~scharge. etiec~te, effect, comp;ete, comply wah and ab.dr by each and every ~he stip~lanons, agreements, cond~t~ons, and covenan~s oF sa~d prom~ssory nore and ih~~ -~ortgage any or eoher, and sa:d coats, chargef and eapenses, each and every, shall be immed~ately due and payable; whe~her or not there be nonce dr mand, attempt ~o coilect or suit pend.ng; and the full amount of each and every svch payment ahail bea. inrerest lrom ~he date thereof until paid at the ~are oi nine per centum per amiurn; and au sa~d costs, charges and expenses incurred or paid, ~ogeth~r w~th auch inrerest, ihall be secured by the I~en of th~i mortpage. b. That (sl in the event of any breach of this Mortgaqe or default on the part oi the A10RTGAGOR, or (b) in the event any of sa:d sums of mo~ry herein refened to be not prompdy and futly pa~d wnhin thnty ~301 days nex~ afrer ~he same severally become d~e and payable, witlaw demand or nonce, or ~c) i~ tl+e erent each and eve~y the sKp~iarior.s, ag~eemenes, condirions and covenants of sa:d promissory note and th.s mortqage any or e~ther are not ~uly, prpmptly and fully pe~formed, dscha~ged, executed, effected, compieted, co-~phed w~th and abided Sy, then in Nther w eny such evero the sa~d ag gregate sum meniioned in said prom~ssory note then remaining unpa~d, with interest actrued, a~d a:l moneys secured hereby, shall becume due and pay- eo;e forthwith, or thereafter, at the option of said MORiGAGEE, as fu31y and comp!etely as ~f a!I of the said s~ms oi money were or~ginally shputated +o be pa~d oo such day, anything in sa.d prom~ssory note or in shis Mortgage to the co~~rary notw~~hstand~ng; and the~eupo~ or therealter at the op~~on of sa:d MORTGAGEE, with~ut nonce or dema~td, su~t at law or in eq~ny, therefore w IherEaSier begun, may be prosecuted as if all moneys secured hereby r.,d maWred pnor to ~ts insLtut~on. 7. ifiat in ehe rvenl that at the beginn;ng of or at any ti~ne pending any svit upon this Mortgage, or to fweclose it, or to refo~m it, or to enforce payment of any daims i~e~eunde?, said MORTGAGEE sha~~ apply to Ihe Court having ~w~sd.cuon thereof Eor the appomtment of a Receiver, such Court shail fo~!hwith appo:nt a receiver of sa~d mortgaged property a!I and singular, intiud:~g ail and s~ngu~ar the irtco~,e, prol~ts, issues and rerenues from whatever s,::rce de~ivecl, each and every of wh:ch, it being expressly undersTOOd, is hereby mortgaged as if spec~fically set forth and desu~bed in the g~a~~~ng a~d hacendum clauses he~eof, and such Rece~ver shall have ail the broad and effecr~ve funcr.ons ar.d powers in anyw~se emrusted by a Cou~t to a Receiver, and s_ch appointme~~t shall be made by such Court as an admined equity and a matter of absoture r~gh~ to sa~d MORTGAGEE, and witho~t reterence to the adequacy or inadequacy of the val~e of the property mwtgaged or to the so~vency or ~nso~vency of sa~d MORiGAGOR or the defzndants, a~d that s~ch re~~s, profits, incare, iswes and revenues shall be appi~ed by such Recerve~ accord~ng ~o the lien or equity of sald MORTGAGEE and the praU~ce oi such Court. 8. To duly, promptly and fully perform, d~scha.ge, execute, effect, comptete, comply wirh and abide by each and every the stipulations, agreements, , :onditions and covenanrs in sa+d promissay note and th~s mo~tgage set forth. 9. That in ~he event ~he ovvnership oi the mortgaged prem~ses, or any part the~eof, bxomes vested in a person other than the MORTGAGOR, the !.'ORTGAGEE, its successors and assigns, may, without notice to rhe tNORTGAOR, deat w~th such successor or successw in interest wi~h reference to th~s ~ o~tgage and the debt hereby secured in the same manne~ as with htortgago. w~ihout in any way vit~ating or d~schargi~g the Mortgagori liability here- :,~der or upon the debt hereby secured. No saie of the Frem~ses hereby mortgaged and no forbearance on the part of the N10RiGAGEE or its successors er ass~g~s and no exte~sion of fhe time for the payment of the debr he~eby secured g~ven by the MORTGAGEE or its successws w ass:gns, s~~al~ operate ro release, d~scharge, modify change or affect the orig~nal liao~lay o4 the M.ORTGAGOR herein, either in whole or in part. 10. It is spec~ficalty ag•eed that teme is of the esser.ce of this co~tract and that no wa+ver of any ob'iga!~on hereunder or of the o5iegatien sP 'i cored hcreby shali at any time thereafter be held to be a warver of the terms hereof o~ of the instrument secured herby. ; 11_ In add.t:o~ *o the foregd~zg monfh!y paymems of p:inc pal and irn,rest requ~red by the promissory no!e secured hereb~, mortgagor covenants ! a-:d agrees to pay to mortgagee w~th each moMhiy payrnent an edd,rional sum est:n:afed by mortgagee to be equal to 1.'12 of the annual cosr of the follow- ~ ~ny. I t A-Afl real property ta:rs levied or assess:•d aga~~st the above described real estare. ~ B-Pr~m+ums on fire and windstorm ~rsuracce as herein req~;red to be car,-ied on the ;m;,rovements situate on the above desaibed premisas. ~ C-Premiums on such morlgage guaran!y irsurar,ce as mortgagee shall iro:r ~ me !o t~me deem fit to carry on the loan seCUred hereby. r ~ /lbrrgagee :hall ficm nme to t~me notify mortgagor ~n writin3 of the amou~t due and payable hereundrr and wch surn shail thereupon be due and ~ ; ayable on the due da!e of ~he next month:r payment and each svccessive monrh theieafrer ~cti~ mortgagee shall notify mortgagor of a thange in wth r• o~nt. $uch :ums s~a:i be applied by mortgagee toward the paymeN of real property taxes, insurance prem:ums, and mortgage g~araMy insurante c: ~em,iums. ~ GN WITNESS LYHEREOF, the sa~d MORTCiAGOR has hereu~to set his hard a:id seal the day and year firs! aforesaid. € k S;gned, Se~led and delivered in the presence of: - ~ ~ . ' (Sesl) _ +~O an ller c~,,~ ~ ~ (seat) ~ _ Elaine Hiller ~~a,~ 4 ~ STATE OF FLORIDA ` . ~ ~ SS. ~ ~OUNTY OF I ~ ~ Befwe me penonally appeared ~afl 1''~1182' and ~ IIaine I~.iller ~ - his wi/e, to me well known and known to me to be z !he i~ividuals descr;bed in and who executed the iaegoing instrumeM, and acknowledged befwe me that they executed the same fw the purposes ~°-~i, rherein expresud. And the said IIaine ~ZZeT ~ .,~fe of ~he sa~d A~an ~1~Br upon s sepat~es'Ad pCv~t~ e,am~nat~on by me taicen separate and apart from her said F~usband, acknowledged to and before me that she executed said instrumeM frealy'aNd'voluM ' !aniy and w~thout any compuision, constraint, appreh sto w fear of or from F~er said husband_ " 4 Y ~ - ~ WITNESS my hand and ofiiual seal this_ ~ day of Februa ,_:~q.,y: ~0~ _ J ;5 ' ary Public in for the te f rTda sl Larye - y Commission expires: ~ . : ~ Return To: ~ • . ~ : ~ First Federal Savings 3 Loan Aasociat~on ~~~~~F~+~l~ ''~~'r~~r• c~ ~f For! P e~ce. F'~CED A9p ~~riupQ . Eon P~r.ce, Fior~da ST. ~UC~' ~~~.~Htr fE0 2 `s p,~~. . " ; ~ CA. 7S C~E=1, ds ac~.., _ ' ~ ; :.OURT This Instrument Prepared By ~I. H. RObeZ"t3~ Jr. c ~ First Federal Savings & Loan Association rE8 ~ ' 25 ~M ~l) of Fort P~erce ~ !~lorida ` Chscked By l~i-___ ~ ~~199 ~13z4 ls _ : ; ~ ~ ; = ~ _ : . -