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Home My WebLink About0081 To plau and contin~ously k~p on the bui:d~ngs now or hereafter siwite on sa~d iand and oh ~II equ~pment and personally cove~ed by th~i ma sge, with all premiums Iheroon p~~d in full, fire insur~nce ~n the usuai standard po~~ty form, in a sum approvsd by tAe MORiGAGEE, and windsto insuranc~ in ths us~al ~tandard pot~cy fam, in • sum approved by the MORTGAGEE, in tuch company or tompanie~ as the MORTGAGfE m di~ect; ~nd all tire and windstorm insurante poliues on sny of said buiidings, sny interasl therein or part thereoi, in Ihe a99rega~e tum ~to~esaid in exceu ~hereof, shatl contain the usual ats~idard matgagae clause a suth other clause as the Mortqagee ~nay ~equ+re, makiny ~1a loss unde~ sa~d po des, each and every, payable to s~~d MORTGAGEE ~s ~~s interest may ~ppear, ~nd each aod every such poNCy ihall Ix prompHY ass gned and dellverrd + , any held by sa~d MORTGAGEE as furthar security to said mortpage debt, and, no/ leu than tcn (10) days in advance of the eapiration:;of each poGCy, to d. ~ I~ver to uid MORTG:~GEE a renewal therrof, togeiher with a ~eceipt fw Ihe premium o( such renewal; and the~e shall be no f~re or windato~~n insuronc placed on a~y of said build~n9s, any interest there~n a part thereof, unless in the form and v~ith the loss payable as aforeiaid; and in ~he evenl any sun of money becomea payable undet such policy or poGcies uid MORTGAGFE shall have tt s optwn ro receive a~d appty the same on accoum of tha indebtrd ness secured Froreby w ro permit said MORiGAGORS ro receive and us~ it or eny pa~~ thereof fcr orher purposes, w~!:wut ~henoi wai~~~~g o~ onpa~r~ ing any squ~ty, lien w right under w by vi~tue of this mortpage; and i~ tF~e event taid MORTGAGORS shall iw any reason fai~ to keep the sa~d premisrs so insured, or fail fo deliver promptly any of said pol~cies G! insurance to ssid MORTGAGEE, u Fail promp~ly to pay fulty any prerni~m theretw w in any respec~ fail ~o pe~form, d~stharge, execute, effect, comptete, comply with and ab~de by thls covenant, w any part hereof, said MORTGAGEE may piace a•~d pay fw tuch ie~surance w ~~y parf thereof w~thout waiving or affecting any option, lien, equity, w right u~de~ a by virtue of this Mo~tgage, and the full amount of each ar~d e~ery such paymero shall be immediately due and payable and shall bea~ i~terest irom Ihe date thereof until paid at the rale of nine pe~ centum per annum and togelher with such interesr shalf be srcured by the lien of this mortgage. 1. To permit, commit w suifer no waste, impairme~t or deteraration of said property or any part the~eof. S. To pay all snd iingular the costs, charges snd expenses, including s reasonable attaney's fee and costs of abstrads of title, incuned o~ pa~d at , any time by said MORTGAGfE, besause w in the event of the failure on the part of ~he said MORTGAGOR to duly, pra~nptly snd fulty perform, d~scharge, execute, effec?, complete, comply with and ab:de by each and eve~y the st~pu~a~~ons, agreements, condi~ions, and covenanta of sa~d pranissory note and ihis mortga9e any w either, and uid cosb, chargcs and expenses, each and every, shall be immcdiately due and payabfe; whether or not there be no~~ce de mand, attempt to collect w suit pend;ng; and the full amovnt of each and eve~y such payment •hall bca. interest from the date thrreof until paid at rhe rare of nine per cantum per annum; and all wid costs, charges and e:penus intucred or paid, Iogether w~th tuth interest, sl~all be setured by the lien o1 thii mortgage. 6. That (s) in the event of any breach of this Mortgage w default on the part of the A10RTGAGOR, w(b) in the event any o1 iatd s~ms of money herein referred to be not promptly a~d fully paid wi~hin thirty (30y daya nex? afrer the same seve~a:ly become due and payable, wi~hout dema~d or notice, or (c) in the event each and every the stipulaiions, s9rtrments, cond~tions and covenants of sa~d promissory note and th~s mortgage any w eithcr a~e not ~uly, promptly and fvlly performed, d~scF?arged, executed, eifected, comp:Ned, compl~ed w~th and ab~ded Sy, then in e+ther w any such event the said ag gregate sum rn~ntioned in said promissory note then remaining unpaid, with interest accrued, and al! moneys setured hereby, shall become due a~ pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully ar+d comple~ely as i1 al! of the wid sums oi money were or~ginally srip~ia~ed ro be paid on such dsy, anything in sa;d promissory rale or in this Mwfgage to 1he conrrary notwithstand~ng; and thereupon w lhereafter at the opnon of sa~d MORTGAGEE, without not~ce or demand, suit at law or in equity, therefore w thereafrer begun, may be prosecuted as if all moneys satured hereby nad matured preor to its institution_ 7. That in the event fhat at the beginn~ng of w at any time pendi~g any su~t upon this Mortgsge, w to fweclose it, or to reform it, o~ to enforce payment of any daims hereur.der, said MORTGAGEE shap apply to the Court havi~g jurnd~:uon the~eof for the appo~ntment of a Receiver, such Court shall icrthwith appoint a receive? of said mortgaged property all and singula~, includ~ng all and singu~ar the irtcome, profits, issues and revenves Irom whafever source deri~ed, each and every of whrch, it being expressly undersrood, is hereby mortgaged as if tpeuficaily set forth and desuibed in the granting and habendum clauses hereof, and such Rcceirer shall have ali tha broad and effecnve funa~ons and powers in anyw7se entrusted by a Cour~ to a Receiver, and such appointment shall be made by such Court as an admifted equity and a malter of absolute righl to said MORTGAGEE, and without reference to the edequacy ot insdeQuacy of the value of the property mortgaged o~ to the so:vrncy or insowency, ot said MORTGAGOR or the defenda~ts, and that such renfs, proFits, incane, iuues and revenues sha11 be applied by such Receiver accord~ng ~o the I~en or equity of said MORTGAGEE and ~he pracrice of suc.h Court. 8. To duly, promptly and fully pe?fwm, discharge, execute, effect, complete, compiy with and abide by each and every the st~pulations, agreements, condit'ans and covenants in sa~d prom~ssory noce a~ th~s mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any parf thereof, becomes vested in a~ perwn other tF~an the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without notice to the MORTGAOR, deal with such succeuw w successor in interest with reference to this mo~tgage and the debf hereby setured in the same manner as with Mortgagor without in any way vitiatirg or distharging the Mortgagors' liability here- under or upon the debt hereby secured. No sale of the Frem~srs hereby mortgagcd and no forbearance on the part of the MORiGAGEE or its succeswrs or ass~gns and no extens~on of the time fot the paymenf of the debt hereby sec~red g~ven by ~he MORTGAGEE or its successws w ass~gns, ~:-all opera~e ~o release, d~scharge, mod~fy ciwnge or affect the o~iginal liability of the M.ORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waive~ of any obl+gation hereunder or of the obtigation se- cured hereby shalY at any time thereafter be held to be a waiver of tt~e terms hereof or of the instrumenl secured herby. , 11. In add~tio~ to the forego'n9 monthly paym~nts of pri~c'pal and interest requ;red by the prom~swry nore secured hereby, mortga~or covenants and ag~ees to pay to mortgagee v~ith each monthfy payrnent an add~rional sum estimated by mortgagee to be equal to 1;' 12 oi the annual cost of the follow- ing: A-AI! reat property taxrs lev~ed or assessed agai•~st the above described real estate. ~ B-Premiums on fire and windstorm insurance as Fxrein requ:red to be carried on the improvcments situate on the above descr~bed premises_ ' C-Prem~ums on such mortgage guaranty irtsurance as mo+tgagee shall from t~me ta time deem fit to tarry on the ban secured hereby. ~ Mortgagee snall from time to time norify mortgagor in writ~ng of the amount due and payable hereundr? and such sum shall thereupon be due and F ayable on the due date of fhe Rext month!y payment and each successive month thereaffer ur.til mortgagee s 11 notify mortgagor of a change in such c~:ounr. $uch sums sF.ail be app:ied by mortgagee toward the payment of real property taxes, insurante m:ums, a~xl mortgage g ra~t insurance 1 premiums_ IN WITNE55 WHERrOF, the said MORTGAGOR has herevnto xt his hand and seal the day and f" E ' ~ed, Se a eliver in the Fresence of: i a F _ , e • ~ (Seab ~ . • 1~ (Sesq ~ ~ ~ STATE OF FLORIDA ~ Luc ie ~ COUNTY Of St • ~ ~ Befwe me pcrsonaUy appeared Dtldll@ W• Nl7Ck Jean C. Huek his wife, to me well known and known to me ~o be Y the individuab described in and who executed the foregoirg instrument, and acknowledged before me that they executed the same for the purposrs ~ ~herein expressed. And the sa~d Jenn C• H11Ck ~ x~fe of the ssid W• HL1Ck upon a sepa.ate snd priwt~ 't e*amination by me taken uFarate and apart from her said h sband, scicnowtedged to and t,efwe me that the exetuted said inatrument ireely and volurt- r~ raniy and without any compulsion, constraint, apprehens~o~i fesr of or from her aaid husband. 4 WITNE55 my hand and official seal this day of r' ~r A. D. 19 72 ~ ~ - Noury Pu in end fo~ the tate of Fiorids at larpe - My sion eapires: ~C.try li / Q'Jf = Retvrn To: ' _ First Federal Saving~ 8 loan Associat~on _ NOTARY'PUBlIC STATE Of FLORIDA AT LAR~ ' OI Fort P~erce. MY COMMISSION EXPIRES AUQ. 6, 197a fort Pierce. Florida ' • '.t. QfNER~?L. INSURANCE UNDERWR1TERS. IN6 - - _ e , .~,f - ~tECOR~E~ - ~ . . ; . - F11E0 I~M~ / . _ . ~ St. WCIE OUMTY lA. (f `t - y ~ This Instrument Prepared 8y w'~• B• Bra~ - ""*~r~+~~: ItOCER PO~tRAS First Federa) Savings 8 Loan Association • ~~EaK c~RCU~T eovat ~ of Fort Pierce~ Florida ~ • ' RECORfl YE~~c~f 0~ a~ . Checked 8y ~ fce Z9 I2 57 PM ~Tt ~i ~~4620 ~ gooK200 r~ 8'j - . ~ - f~ F ~ ~ _ _ ; ~ ~ - - 4 _ . _ . . _