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Home My WebLink About1443 3. To plate and continuous~y ktep on the bu~:d~r.gs oow or he~eaiter e~t~ate on sa~d land and on al~ equ~pmen? and personally co~e~ed by this mw ~gs, with all ptemiums thereon pa.d in lull, i~~e ins~rerce ~n tha usual S!andi~d po:~cy fo~m, in a s~m dpprovtd by the MOR~GAGEE, and wi~dsto iMurance in the usval s~andard po~.cy fo~~n, in a sum approved by the MORTGAGEE, in such tompany or tompa~~es as the h1pRiGAGEE direct; and all fire and w;nds~orm insvrance pol~c~rs on any of said buiid.ngs, any inrerest the~cin or pa~t thrreoi, in the aggrega}e s~m aioresaid in eice~s thercwf, shall contain the uwal sror.dard mortgegre clause or such orher Na~se as the A1o~fgagee msy rcqu:re, making the Iou undrr sa~d po ' ties, each and every, pa~able to said h10RTGAGEE as ~~s interrst may appea?, and each and eve~y such po!~cy shall be promptiy assgned a~d de~~vered ~ ~ny held by said MORTGAGEE as fw~her secu~ity ~o said mortgage drb~, and, rto~ tess than ten (10) days in advance of ihe expuat~on oi each poGcy, to d. tive? to said MORiGAGEE a renewal thereof, toge~her wnh a rece~pt fo~ the pre~nium o( such renewal; and there shall be no t~ie o~ w~~~ds~o~m inwranc pliced on any of said b~itd~ngs, any interest thero+n or part thereof, unless in ihe fo~m and with the lass payab'.e as aforeaa~d; and in the rvent any iun of money beco~+e~ payable vnder s~ch policy w po~~ues said MORTGAGEE ahall have the op~~on eo •ecr~vr and appty tne same o++ aao~:~r of ~he indeb~ed ness secured hereby o? to permo sa~d fAORTGAGORS to receive and use it a any par~ thereo; for o:nrr Hur;.~i~s, w:~no~t thr~~ u~ w~~.~ ~3 0~ ~•~~p..~~ ing any equity, Gen or ri9ht unde~ w by virtue o~ this mor'gage; and in the event ta~d MORTGAGORS shall 40~ any reason fail to kaep the sa~d prem~sas so insured, or fail ro dri~ver prornplly any of said po~~ties of insurante to said MO~iGAGEE, or f~~! prompdy to pay fully dny pre•n~~.n ther~for or in any ~ reipect fail to perfwm, d~scharge, execute, eifeU, comp?ate, comply wi~h and ab~de by thls covenant, or any pare hareof, sa~d A1GRTv~GEE nuy pia:e a^o pay for such insuronce or any part thereof withou~ waiving or af(eUing any opnon, lien, equrty, or r;ght unde~ or by virtue of ~h~s Mor!g~ge, a~d thc full amovnt of each and e~ery such paymeot shall be ~mmedutely due and payable and shall bear interes~ irom the date thereof un~l paid at the rate oi ~ine per cenr~m per ann~m and to3ethar w~th such ~nterest shaii be srwre~ by the lien o1 this mortgjge. To permit, commit o~ suffer no waste, impairment or deterio~ation of said prope~ty or any part thereof. S. To pay all and singular the costs, charges and expenses, ~nciud~ng a rrasonabfe ~ttorney's fee and costs of abstracts of title, incu~red or pa~d at any time by sa~d MORIGAG:E, because or in the eveM of the failure on the nart of ~he said MORTGAGOR to duly, promptly and f~ily perform, d~scha~ge exrtute, etfeu, canp;ete, comply w~th a~d ab:de by each and every the st~pu~aro~s, agrerments, condiuan, and cove~an» of sa~d prom~sso~y note and ~h~s mortgage any or e~~her, end sa:d costs, charges and expenses, each and eve~y, ahali be immrd~ately d~e and payab!e; whe~her or not :hrre be no+~ce dr mand, attempt to collec~ w suit pendmg; and the full amount of each and every svch paymem ihalf brar ;nrerest Irom the date thereof u~til pa~d at the rore o~ nine pe~ centum p. r amw~r a~~C all said cosie, charges and e¦penses ~ncurred or paid, ~ogether w~th wch interes~, shall be sstured by the I~en of th~s mortyage. 6. That (a) in the event of any breach of this Mo~tgage or default on tM part of the MORTGACaOR, or (b) in the event any of sa;d sums of money herein referred to be not p.ompNy and fulty paid w~rhm ~huty (30) days ne~t a?ter ~he sa,ne seve~a!!y becoma due and payab!e, wi~houi demand o+ nof~ce. or (d in the event each and every the s!ipu!ations, agreemeros, cond~s~ons and covenants of sa d prom~sso~y note and fh~s morrgage any or either ar~ nol ~uly, prompNy snd iully performed, d.scnarg~, executed, effected, complered, compf~ed w~th and ab~ded Sy, then in e~ther or any such evero the sa~d a9- gregate sum mentioned in said prom~ssory nore then re~na~ning unpa~d, with inreres~ acaued, and a~l moneys secured hereby, sha11 bec~me due and pay able forthwith, or thereafte~, at the op~:on of said h10R1GAGEE, as fuiiy and complete~y as if a~l of t!+e said surns of money were ong~nalty si~p~.ated i to be pa~d on svch day, anything in sa:d pro:n~ssory nete or in this Mortgage to the conerary no~withs~and~~~g; and thereupon or thereafter a~ the opt,on of said MORTGAGEE, w~rhout not~te o~ demand, suit at law or in equity, therrfore or thereaf~er begun, may be prosecuted as if aU moneys secured hereby had matured pnor fo ils inst~tution. 7. That in t!x event that at the beginn~ng of ~,r at any t~me pend~ng any s~~t upon this Morrgage, or to ~o•edose it, or to ~eform it, or to enforce payment of any claims hereundrr, said MORTGAGEE sha~l apply ~o the Cou.t hav~r.g ~ursd.c~~on thercof lor the appo~ntment of a Recei~er, such Cour~ sha~l Forthwith appoiot a receiver of said mortgagrd property aIl and singular, inc;ud.ng ail and s~nguia~ ihe income, prof~ts, issues and ~even;,es from whatever wurce derived, each a~d every of wh:ch, ~t br~ng expressty undersrood. is hereoy mo~rgaged as ~f spec~fically set fo~~h and descnbed in the gran~~:eg and habendum cla~ses hereof, and such Receiver shait have all the b.oad and effecnve f~nce.ons a~d povvers in artyw~se entruseed by a Court to a Receiver, a~~d s~ch appoi~tment shall be made by wch Court as an ad•nitted equity and a matter of absolute rigM to said MORTGAGEE, and w~thout referencr to fhe adequacy o? inadeq~acy of the value of the properry mortgaged or to ~he so.vency or ,nso~vency of said A10RTGAGOR o~ the dere~dants, a~d thai such rents, profits, incane, issues and reve~ues :hali be appGed by wch Recervei accordu~g to the lien or equitp of said MORTGAGEE and the pract~ce oi such Court. _ 8. To d~fy, prorreptty and fully pe~fo~m, ci~scharge, eaec~te, effect, complere, comply with and abide by each and every tne stipu{at~ons, sgrcements, ; conditions and covenants m sa~d prom~ssory note and ih~s mortgage set forth. ' 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomef vested in a person other than 1F~ MORiGAGOR, the MORTGAGEE, its successors and assigr,s, may, w~rho~t nu~~ce to the ~tiORTGAOR, deal w~th such successor or successor in ~nterest with reference to th~s mortqage and the debt hereby secured in the same manner as w~rh 1.io~rgagor w~tFwut in any way vit:ating w d~schargfng the Mortgagors' tiabitity here- under w upon the debt hereby secured. No sale of the premises hereby mortgaged ard no (orbearance on the part of the IAORTGAGEE or its sutcessors w assig~s and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, s:iall operate ~ to reiease, d~schnrge, modify change or affect the ori9~na1 liab~lny of the MORiGAGOR herein, either in whole or in part. ~ 10. It is specifical{y agreed that time is of the esse~ce of fh~s contract and that no waiver of any obtigat~on hereunder or of the obligat~on sr ~ cured Fxreby shail at any time thereafter be hetd to be a waiver of the terms hereof p of the instruroent secured herby. t I 1. In add rlo~ to ~ha forego"ng month'y paym~nis of prlnc'pal and inrerest requ~red by ihe prom sscry ~ore secur~d hereb~, mortga~or co~renants and agr~¢s to pay ro mortgagee w~th each mon+hiy pay~.,ent an add~rional sum ess,n:ated by mortgagee to be eq~ai to 1, 12 oi the ann~al cost of the foilow- '^9: A-All real property ~axcs lev~ed or assessed agai~ist th~ aLove dezcri~cd real estate. II B-Prem~urns on i~re and winds~o-m inw•ance as here~n ~egu:red to be carried on the ~mprovemeits s~t~ate on the above descr~bed prem~ses. ~ C-Prem~ums o~ wch mortg>ge guaranfy ir.surar:te as mo~tgagee sha~l from fine to time deem fii to carry on the loan secured he~eby_ ( h.artgagee shail from time to t~me norify mortgagor in writ~rtg of the amowt d~e and payable hereunder and such suoi shail thereupon be due and Fayable on the due oare of ihe nexr monthiy payment and eacn success~ve Tonth the:eafr~r ur.tit mcrtgagee shalt not:fy mortgagor of a change in such amount. Such sums sha:i be app!~rd by mortgagee toward the pay~neni of real property ta:es, ~nsurance prem.ums, a~~d morfgage guaranty insurance 1 p~emiums. IN WITNESS WHFREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year iirst aforesaid_ Signed, Sealed 'and d~ii e in the presence of: / ~ZL?~y..~c~.. .~=~'7' i~ ~ ' ~ Sesl) . wrence . ar ey cSeeq L'3.~--~.t.- ~.L~~-C..-c. ~ - . . ~ _(Seal) ~''i ness: a er ne . ar - (Sea!) ' ~ STATE OF ~lAR1DA ~ SS. COUNTY OF I ~ ~fa~ „K ~,o,,,ih,~,.~ Lawzence T. Nartley• ~ r' Catherine M. Hartley his wife, to me well known and known to me to be ~ the individuali described in an8 wFa executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes ~ ~herdn 1lScPresxd. And the ..~d - C~ther ine M. Hartley ' wife o~-tf~e`jaid " ~wtence T. Hartley , upon a sepa~ate a~d private examinst~ort-by m! fiken-~epa.aM snd apan from her sa~d husband, acknowledged ro a~d before me that she executed said instrument freely and volun- tarily and~ without ~ny coenpu4ion, constraint, apprehens~on, w fear of or from her said s WfTNE55 my'?M~ and vHicial seal thi~ day of A. D. 19 7Z- ~ . ~ Notary Public in and for the State of at large My Commission expires: ~ 7~ s Return To: First Fede~sl Savings 3 loan Associat~on Of Fort P.erer. ~~80 forf P~erce. Florida FIIEC ?ECORDED ST LU"j~ ~~~1HFlf FLA. R~:;~ ~ c~,:;?a5 ~~_EP.t : ;l;~T ;.QURT This Instrument Prepared By J. H. ROberts or ~ - First Federal Savings 8~ Loan Association of Fort Pierce ~ Floride ~Eg 8 I u3 PH ~~Z ~t ~ V ~L Checked By ~ - _ ~i~9 ~1442 , . _ ~ . _ - -