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Home My WebLink About2182 To p'act and continuously keep on the bu~'.dings now or hereafte~ ~ituate on sa~d land and on al~ cq~~pment and persons~~y cover~d by thi~ mw sge, w~th all prem~ums ?hercon pa.d in futl, fire ~nsvrance in the ~suai s~arde~d po~~cy form, in a s~m approved by ~hr MCR~GAGEE, and w~~dsto ~nsurance in fhe usual ~randa.d pot•cy fwm, in a ~um aFproved by ihe MORiGAGEE, in iucA compa~y or compsmes as the A~ORTGAGEE m d~rect; +nd •II fir~ and winJs~orm insurance po~K~es or~ aey of sa~d bvild:ngs, a~y ~~~erest therein or part thereof, in the agg~ega~e s~m aforesa~d in e~ccess chereof, tihall co~ta~n ~he usual sTa~~dard mor~gagee dause o? such o~i+er cfauss as ~M Mw~gagee may requa~, msMing the ioss undrr sa~d po ~ ues, each ~nd eve~y, pavnb~e ro ~aid MORTGAGEE as iri interest may appear, and each and every su:h pol~cy ahall be prompdY +ss gned and de:~vered + any held by sa7d MORiGAGEE a~ iu~~he~ security to ~aid mutflag~ drbt, and, not Ieu than tan (10) daya in advance of the eap~rat~on of each porcy, to d. Irver ~o said MORTGAGEE a rsnewal thereof, to9e~hsr wi~h a rece~pt fo? the premium oi :~ch renewa~: and thrre shail be no f,re or wlndsrorm inwranc plecad on any of sa~d bu~ld~ngs, any in~e~dt the~ei~ or psrt thereoF, unless in the form and w~th the loas payable as a(oresa~d; and ~n tAe e~ent any su~ i of money becomes payable under such poliq a poGc:es said MORTGAGEE shali Aave rlx opf:on to rece~ve and appty ihe sa~ne on accoum of ?he indrored ness secured hereby w ~o perm~t s~~d MORTGAGORS ro receive and ux it w any part ~hereof fo~ o:i+cr purposes, .•.~rno~t ih~•~or wa~+~.~3 +~~~p~~r iny any pu~ty, lien oe righl undcr w by virtue of this mo::gage; and in Ihe event w~d MORTGAGORS shall fa any reason fail to kecp the sa~d premisrs so fnaured, w(~il ro dcliver promptly any of said polKies of insurance ~o sa~d MORIGAGEE, a fau prompriy fo pay fuily any prem~um therefor or in a~y ~ resped fail lo per(orm, diuMrge, exetute, effett, completr, comply with and ab~de by this covenant, or any part hareof, sa~d MGRTGAGEE may piace a:~d pay for such insurance or any part thereof wirhout waiving or af(ecting any option, lien, equ~ty, or r~9ht unde~ w by virtu~ of this Mortgage, and tht f~ll amount of each a~ ev~ry such payment shall be immediately due and payable and shall bear interest fram the date thereof un~it p.:~d at the rate of n~ne per centum per annum and to~e~her wiih such inrerest shal~ be sacured by the Gen of ~h~s mort9age. 1. To ptrmit, sanmit w suffe~ no waste, impairment a deterioration of said {sroperty o? any part thercof. S. To pay ~li and iingula~ the costs, charges snd expe~ses, includ~n~ a reasonable attorney's fee and cosra of abstracrs of title, incvrred or paid at any time by said MORTGAGEE, Mc~use or in the event of the fe~lure on tFx pan of the said MORTGAGOR to duty, promp~ly snd fuily pe.fwm, d~u~arge axrcute, elfect, comp!e~e, comply w~th and ab:de by each and every the stepular~or+s, agreements, condiuons, and covenanrs oi sa~d prom~sso+y note a~d ~h~~ moregage any or e~~her, and sa~d cosrs, charges and expenxs, each and eveiy, shall be immediatety due and payabte; whether a not there be nor~ce ds mand, attempt to coliect or suit pe~ding; artd the full amount of each and every such payme~t ahall bea~ inreres~ from the date thercof u~ti~ paid a~ ~he ~,~te Oi nine per cen:um per an~i~:n; arw all said costs, charges and expenses ~ncurred or paid, together w~th such intereat, shal~ be secu~ed by the lien of thi~' mp?19A9R. 6. That (s) in the event of ~ny breach of this Mortgag~ w defaulr on the part of the MOR7GAGOR, o~ (b) in the event any of sa:d sums of mo~ey herein referred Io be not promptly and Fully paid within th~rty (30) days nea~ afrer the same severa'ly become due and payable, wi~hout demand or notice. or {c) in tha eveM each snd every the sfipulaeions, agreements, cond~tions and covenants of sa d promiasory note and th~s morrgage any or either are no1 iuiy, promptly and fully performed, d;scharged, ezecuted, effected, completed, complied wirh a~ ao~ded 5y, then in e~+her or any s~ch event the sa~d ag- ~regate sum ne~twned in said prom~sswy note ?he~ remaining unpaid, with interest accrued, and a~l moneys secured hereby, sha11 become due and pa~• able iorthwith, or rhe~eafte?, at the opnon of sa~d MORIGAGEE, as futty a~d compkrely as if all oF ~he sa~d sums of money were or~9~~ally sr,p;,'+ared ro be pa~d o~ such day, a~ything in sa:d p~om~sswy note or in this /Nortgage to the co~trary notwithstandi~.g; ar.d thereupon w thereafter at the opr~o~ of sa~d MORTGAGEE, without notice or demand, suit at law or in equity, therefo~e or thereai~er begun, may be prosecuted as if all moneys secured hereby n;d maturtd pnor lo ns institut~on. 7. That in the event that at the beginn;ng of or at any time pend~ng a~y su~t upon th~s Mo~tgage, w to fweclose i~, or to reform it, or to enforce paymenl of any claims hereunder, said MORTGAGEE shall apply to the Cour~ having ~u~~sdicr~on thereof ier the appo~ntment of s Rece~ver, s~ch Court shall Fo.rhwith appoint a receiver of said rtwrtgaged p~operty all and singular, includ~ng ail and s~nguiar the ~rtmme, prof~ts, ~ssues ar.d revenues from whate~er source derivcd, each and every of wh~ch, it beirg ezpressty understood, is hereby mo.rgaged ss if apec~f~catly xt fo~~h aRd descnbed in the g~annng and habendum ctauses hereof, and such Receive~ sha11 have all the b+oad and effecr~Ye func+~ons and powers in anyw~se entrus~ed by a Eou.t to a Recniver, and s.ch appoinrment shall be made by such Court as an admittrd equity and a maiter of absoivle ~~ght to sa~d MORTGAGEE, s~d withcut ~eterence to the adequaty w inadequacy of the value of the propcrty mwtyaged or to the sonency or insoivency of said MORiGAGOR or the defendants, a~d rhat s~ch renrs, prof:ts, iocane, +uues and revenues shall be appi~ed by such Rece~ver accord~ng to the lien or puiry of sa~d MORiGAGEE and the pract~ce of such Court. ' 8. To duly, promptly ar+d fully perfwm, discharge, execute, effect, complete, cornp~y w~1h and abide by ~ach and every 1he stipulations, agreements. conditions and covensnts in uid promisswy note and this mortgage set fo~th. 9_ That in the event the ownersh~p of the mortgaged premises, or any part 1F~ereof, becomes veated in a perso~ ot~ei th~n the MORTGAGOR, the M1•.ORTGAGEE, its successws and assigns, may, without notice to the AM1ORTGAQR, deal w~th such successor w successa in interest wi~h reference to this mor~gage and ~he debt hereby secured in the same manner as with Mo.tgagor without in any way vit~atirg w d~scharging the Mortgagori tiabitity herr ~nder or upon ~he debt hereby secured. No sale oi the Fremixs hereby mo.tgaged and no forbeara~ce on the part oi the MORiGAGEE a its s~cceswrs or assigns and no eatension of the t~me for the payment of the deDt hereby secured given by the MORTGAGEE or its successas or ass:gns, sliall operate ro release, d~scharge, modify change or aff~ct the orig~nai liau~l~ty of the MORiGAGOR herein, either in whoie or in pa~t• 10. It is spec~fically ag~eed rhat time is of the csse~ce of this con?ract and that no waiver of any obl;gat~on hereunder a of the obligation sr c~red hereby shali at any time rhereafter be he!d to be a wa~ver of the terma hereof or of the instrumeM secured he~by. I 1. In addrlo~ ro ~he iorego ~~g month!y paymenis of princ"pat and interest requ~red by the promiswry nore secured hereb~, mortgagor covenants a~,d agrees to pay to mortgagee w~th each mo~rhiy payrnent an add~rionat s~m es+~mared by mortgagee to be tqual to 1, I2 of the ann~ai cost of the follov`- E A-All real p:operty taaes lev~ed or assessed agai•,st the above described real esrate. B-prem.lums on f~re and wlndstorm ~nsuracce as here~n requ;red to be carried on the improveme~ts rNate on the above d.su~bed premises. E C-Premiums on such mortgage guaranty insurance as mw.tgagee shall from. t~me to tirne deem fit to carry on the loan secured hereby. r Mortgagee shail from r~me to nme norify mortgago~ ~n wr~t~ng of the amount dve a.~d payabte hereurw~Jrr and such surn shall thereupon be due a~d s rayable on tfie due aare of rhe next month;y payment and each successive month thereafter ur.til mortgagee shail notify mortgagor of a change in such ~ a-:o~nt. Sucn sums sFa;l be aoplied by mortgagze toward the payment of real property taaes, insu~ance prem;ums, and mortgage guaranty inw~ance i aremiums. ~ IN Y~ITNESS WNEREOF, the ssed MORTGAGOR has hrreunto set his hand and seal the day and year first aforesaid. ^ ~ Signecl, Sealed and delivered in the presence of: n~ ~ sl) ~ ~ i5es0 ~ - + - KOT1Ci8-'f Ll-~'jTr(f -(Seaq ; ~ _ ($eap ~ SiATE QF FLORIDA ~ St Lucie ~ ~ couNrY oF • e~f«e a~w~u~ ~~a.~d Davic? Lee Sullivan ~ Ronda Sue Su2livan ~ his wife, to me well known and knaMC± b oM 1o be the individu~ls described in and who exccuted ttie forefloirg instrument, and acknowledged befwe me that they exewted the sain! fOF'ti~t pVtpoxs ~ ~herein txpresud_ And the said Ronda $UQ Sullivan •l..•- _ ~ ,~cr~ or rr,~ .~~a Davic~ Lee Sullivan ~,~,:s~ ~ ~~P.;rw e,camination b me taice~ se rate and e rt from her sa~d husband, ~tknowl ed to and 6efwe me that she executed said hiakueMntr Y W Pa ed9 , ~ ~l~f iar~{y and w~thout •ny compulsion, consrraint, apprehenstion_, fear of w from her said husband. . ~ WITNESS my hand and officul sea! thia ' day of_ February .:~`_a p. _ • ' 7~ --~r ~ - . Notar Publit in •nd i the St~N ~ci~~,]~'; _ xi /yA~_CW!V~+?SiOf? txpirei: ~ 1 n . } . ~4t"~,~~ Retum To: y': 1~ ~9~.` . First Federal Ssvings 8 loan Auouar~on . - ~ . _ . Of Fort P:erce. 'i~'~`~ forr P~erce, flor~d~ ~ ~ t~7 ~ ~ f~~o ~NO aECOa~E~ ST.IYC~E COUMTY , • ROCER POIT~~ ~ ~ - ~ " rn: This Instrument Prepared By J. H. Robei t s~ J r. ~~EpK CIRCUIT COURT First Federal Savings & loan Association RECORO YEItIilEO z~~; of FdR Pierce, Florida ~1 I o~ PM'7T ~ Checked By ,r~ 4 t,~ ~ ~Ki~ ~~18i t _.y _ ~F - _ _ _ . _