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Home My WebLink About1453 3. To p:ace and co~tinuausty keep o~ the bu~'d~~gs norr or herrafter t~twte o~ sa~d land and on atl equipmrnt and pe~sonally cova~ed by ~his mw sg~, w~th all pre~uums thereon pe.d in futl, fi~e iiisurance ~n the usual steiw~.+rd uo;,cy form, in a tum aHp~o+ed b~ ~ha htCR•v:.i~iE, a~~d w~~~ds~o ~nsurance in tha usual s~andard pol.cy ~orm, in a wm appro~ed by the MORTGAGEE, in such Cu+npd~~y o~ co~~pan~es as the A'~O~l`vAGFE m dnccr, ~nd all liro and w~nd~torn. insurance pol~c~es on any of sa~d buiid~ngs, any inrerest there~~ or psrl lhereof, m the agg~ega~r fum aforesaid , in excess thereo(, shall contain ~he usual standxd mo~~gagee dause or such o~her da~ae as ~he Mo~tgagee may rrq~•re. me?~ng the ~oss u~~drr s.+~d po ~ c~es, each and every, payabie to sa~d MORTGAGEE as ~ts interrst may appear, and each and e~ery s~ch pu~~cY shall be promptiy ass g~~ed a~~d de,~verrd ~ eny hetd by sa~d MORfGAGEE as ~u~+her secunty to sa:d n;origage d.:b?, and, not !eu ~han ten (101 days in ad+ar.ce o1 the esy~rat~on of each po~~cy, to d~ l~ver to said MORiGAGEE a renewel thereof, together wi~h a rece+pt for the p.e:n~um of such renewal; and ~hrra shall be no f.re or w,nds~o~m ~~~s„~anc placed on any of sa~d b~~ld~ngs, any ~ntzrest therein o~ pa~t thereof, un!eis in ~he fo~m a•~d w~th the ~css payab,e as aforesa~d; and in the e.ent any s~~ 04 mo~ey betomes payable under such potity or pol~ties ieid MORTGAGEE shall have the opt.o~ to rece~vr and app!y t6e sa~~~e on acco~m of the indron•d ness secured hereby or to permrt sa~d MORTGAGORS to recrive and use it or any pa.t ~hr.eof lor o:i~rr ~.un os~~s, v.:}no4s ~hr•~ u: ~7 0~ ~•~v••~' ing any equ~ty, I~en or .~ght under w by virtue of ~his mo:rgage; and in the evrro w,d M0~2'GAGORS sha11 for any reaion fail to kcep the ia:d prem~s~-s so inswed, or fail to de~~ver pranptly any of said po~~cies ol ~nsurartce to sa:d MORTGAGEE, o~ faii prompNy to pay fu~ly any p~emiu~n thercfor or ~n a~y rospect (ail to perform, d~scharge, exe:ute, etfect, comptete, co:nply with and ab~de by thls coven,~nt, or any pa~t hrreof, s~~d 1dGRTv~GEE may p~ace a•o pay iw such insurance or any part thereof w~thout waiving or affecting any opt~on, lien, equ~ty, or ~~ght under or by v~rt~e of ih~s hlortgage, a~}d the tull amoum of each and every such payment shalt be i~nmCdiaiely d~e and payable and ~he11 bear interes~ from ~he da?e ~hereoi un~il p~~d a~ fhe ra~e of n~ne per cenr~m per annwn and to~rther wlth auch inrerest shali be srcured by the lien of th~s mortgage. I. To permit, commit w auffer no waste, impairment w deter~o~at;on of aaid prope~ty or any part thereof. S. To pey all and sing~la~ the costs, charqes snd expen~es, including a reasonable a~torney's fee and cosrs of abstracts o( titte, in~urred or paid at any time by sa~d MORTGAG:E, beca~se or in the event of the fa~wre on the part of the said MORTGAGOR to du~y, pro~np~ly and futly perform, d~scharge execute, effec~, complrte, camQly w~th and ab:de by each and every ~he st~pulat~orts, agretments, condihons, and covenanrs oi sa~d p~om~ssory note a~d ~t~;s mor~gage any or e~~her, and u:d costs, charges and ezpenses, each and every, ahall be immrd~ately due and payable; whethe~ or ~ot there be no~~ce d~ mand, attempt to cotltcf or suit prnd~n9; and the full a~nount of each and e~ery such paymenf sh~ll bear inte~es~ fra-n the date therrof un!il pa~d at the r.~re oi nine per crntum ~xr annu~r anC all sa~d co:ts, charges ar.d ea;:enses ~ncurred w paid, togetRer wah such interett, shall be secured by the I~an oi th~ti mortgage. 6. That (a) in the evenl of any breach of this Mortgage or default on tFr. part of the MORTGAGOR, or (b) in the event any of sa:d sums of monry herein referred to be not promp~ly and fully pa~d wittun th,rty (30; days neAt after ~he same seveia:ly become due and payable, wi~ho~~ demand or no~~ce, or (c) in the eveot each and every ~he stipu~ations, agroeme~ts, conJmons and covenants of sa d promissory oote and ih~s moitoage any or either are not 3vly, p~omptly and fully performed, d:scharged, executed, eifeded, completed, compGed with and ab~ded Sy, then in e~ther or any such even? the sa~d ag ~r~yate sum mentioned in sa~d promissay note then rema~ning unpa~d, w~th inrere>> acuued, and aii moneys secwed hereby, shail becurne d~e dnd pay- ao:e forthwith, o~ thereafter, at the opr~on of aa~d MORTGAGEE, as fu~ly and completely as ii all of ~he sa~d sums of mo~ey were or~g~na~ly st,pu:ared to be pu~d o~ such d.:y, anything in sa:d prom~ssory note or in this Mortgage ro the con~~ary nof~v~~hstar.d~ng: and ~nrreupon or thereafter at the op~:on of s3:d MORTGAGEE, w+thout m~~cr o~ demand, suit at law or in egu~ty, therefore w thereaher begun, may be prosecuted as if sll moneys sec~red hereby n.:d matured pnor to ~q instii~tion. 7. ihat in the event that at the brginn~ng of or at any t~me pe~ding any su~t uFon this Mortgage, or to foreclose it, or to reform it, or to enforte G~Yment of any tlaims here~nder, said MORTGAGEE shatl apply to the Court having ~unsd~a~on theceo4 for the appo~nrmem of a Rece+ver, such Co~rt shail forthwirh appoint a receiver of sa~d morrgaged property all and singular, inclvd.ng a~l and a~ngu~ar ~he income, prohn, ~ssues and reverwe~ lrom whafever s~urce derived, each and every oi wh!ch, ir be~ng expressly undersrood. is Fe:eby morfgagrd as ~f spec~iicaily set fath and described in the g~anfing a~~d hsbend~m dauses hereof, and svch Rece~ver shall have aI1 the br~ad and effecnve funcr.ons and powers in aoywne entrusted by a Court to a Rece~ver, a~~d s~ch appointme~:t shall be made by svch Court as an ad~~,iited equity a~~d a matrer of absolute ngM to sald MORTGAGEE, a~d without reference to the adequacy or inadequacy of the vat~e of the property mo+tgaged or to the so.vency or ~nso!vency oi sa~d MORiGAGOR or the defendants, and ~h,t such renn, profits, incane, issues and rerenues shall be apptied by such Recr~ver accord.ng to the ~ien or equiry of sa:d MORTGAGEE and the prau~ce of such Court. 8. To duty, promptly ar.d fully perform, discharge, exec~te, effect, tompiete, comply with and abide by each and evlry the stipulationi, agreements, conditions a~d covenants in sa~d prom~ssory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in e perwn ofher than the MORTGAGOR, the M.ORTGAGEE, its w.cessors and ass,gns, may, w~~nout narice to the AtORTGAOR, deal w~th such successor w s~ccessor in interest ~n~th reference to th~~ mo~tgage and the deb~ he~eby sec~red in tne same manner as w~ih Mortgagor w:tho~t ~n any way vit:ating or d,xhara~ng the Mcr~gagori :iab~:ity here- ~nder w upon the debt hereby secured. No sate of i~e Frem~sea hrreby m~rtgaged and no forbearance on the part of the MIORiGAGEE or its successors or ass~gns and no extension of ~he time for the payment of the debt hereby secured g~ven by the MURTGAGEE or its successws ot ass:gns, a~~ail operare ro ielease, d~scharge, modify change o~ affect the orig~nal 6ab,l.ry of the h10RTGAGOR herein, either in whole or in part. 10. It is spec~ficatly aqreed that t~me is of the essence of rh~s cor,tract and that no waiver of any ob`tga~~on hereunder or of the obligation u- cured hereby shaG at any time thereaher be he:d to be a we~~er of the terms hereof or of the instrument sec~~ed herby. ~ I1. In add tIo? to the forego ng momh!y paym~nts of princ p~l and inrrrest ~equ~rzd by the p~Om Siory no~e sec~red hereb~, mortga~ar covenants i j~,d ag~~es ro pay to mo-tgagee v~~th eath monthiy pa~r.:ert an add~uonal sum es! n,a~ed by mortgagee to be equai ~0 1 12 of tiie ar.:wai cosr of the foilow- ~ ~ny ~ E A-All real property taa~~s le~ned or assessed agai•ist th~ above desaihed real estate. i ' ~ B-Premwms on fire and windste~~n ~nsurance as herein rc-qu~red to be ca+r~ed on the im;,roveme~ts s~tuate on th~~ above d_sc~~bed prem~ses. ~ C-Premiums on wch mertgage guaranty icsu.a~.ce as mo~tgagee shall fro~* r me ~o timc deem fit to carry on the toan secured hereby_ ~ Mortgagee shall from t~me to t~me not~fy mo~tgagor ~n writing of the amouro d~e and payabk hereundar and s~ch su~n shall thereupon be due and ~ c~yable on the due ciate of rhe next n:omh:~ payment and each s~ccess~ve monrh thereafter ~ntil mertgagee shail nof~fy mortgayor of-a change in such ~ _~.our.t. Such sums sF-ail be appiied by mortgagae towa:d the payment of real propeny taxes, insvrance prem.ums, a~~d mortgage gu~renty inwrence z {;~emiums. ~ IN Y~ITPJESS WMEREOF, ~he sa' MORTGAGOR has here~nto set his hand and seaf the day and year first afosesaid. " neJ, Sealed and el erzd t e prese ce of: ~ _ ~ ~C~t.~~"_ - - - ~~Q ~ r e ac n, a s y e a ~~t i~ ~ (Seal) ~ (Seal) ~ - ~ SiATE OF FLORIDA 1 ~ couNr~r oF St. Lucie , ~ Msrie Jackson Befwe me personally appeared ~ _ i~i~w~iih to weli known and ~nown to me to be ~ the individual described in and who eaecuted the forego~ng instr~mem, and acknowiedged be(we me that:h~executed the same for the purposes ' rherein expressed. lal!!'1M1~!!Ia_ ~AflrOf'AIlrlat~ ~Pa?!~~"~~'A~~ - ~~i~at~~yr~~arLs~.s~par~t~~wi~~rrwfrow~.ia~~~e:~iw~wd?~clwwwkde~~w~swci~befere~n~M~e~~ther~eueeeleal~~eM~ns '~l~Iwr ~srlq~w~wrMw~l~ewr~~lsivw,ts+wwswi?,~pp~eh O~r, er1lsrrof~`honrherla - .y { ! Z > WITNESS my hand snd official seal this___~_4 day of ~ A. D. 19 :s , _ : N tary Public in and for thc State oi tlorids et Large • ~ My Comm~ssion expires: ~Q ~ . j ~ " ' ~ ~ ,`a~; Reeum To: ' ' . s : • ~ First Federel Savings 3 loan Rssoclano~ .•r; :°,i Of Forl P.c:ce i Fort P~rrce. Florida f IIEd ! y' ~"O~OE A . . : Fl - $t.lU~~' -~aS _ • R COtfRtV1(~~ .~~.a+~- Th~s Instrume~t Prepared By J. H. Roberts~Q`.f~. first Federal Savings 8 loan Association 8 ) 3~ ~7 t of Fort Pierce, F=orida ~E8 L 4:'~ = Checked BY - - IG.~G3~J`J booK199 ~~E1452 } . . . _ .