The URL can be used to link to this page

Home My WebLink About0004 To pl~ce and co~~inuou~ly \eep on tM bu~'d~nqs ~ow o~ h~re~f~er ~~~~~N on s~~d ~,~d ~~d o~ a!t cy~cp~oe~~ •~,d p.na?•u~ cow.ed b~ ?hn ~na p1, wilA ai) p?emivms ~htreon pa~d m lull, li~~ inwr~nce ~n the u~wl it~rd:rd po~~cY lam. ie • i~m ~ypov~d bY ?he MORIGAGEE. a.d w~++ds~o ~nsw~nce in tM u?wl s~andard pol.ty (am, i~ a wm ~pproved by ~F~ M~RTGAGEf. in wch cornpany a co~+~pa~~ ~s ~he MORTGAGEE ~ d~r~ct; ~nd all li~e ~nd w~nd~~am iniu.ant~ poticie~ on any of sa~d build,npt, ~ny inta~~t ~he~ein w part Mxreol, in rM aq9~e~~~ wT ~fw~s+~ - in ~xceu Ihereol, fMll cantain the usual sla~dard mw~fla9e~ clavte a svch o+ht~ tl~vse ~f tM Mortyage~ may requr~. m~~inp Ih~ wss urde~ a~d po c~~s, fK~1 ~fld lvNy. parab~e ~o ~aid MORTGAGEE as in ~nr~v.s~ ouY appear, end each and wery ivch poacy •~+au b. p~ompa~ au 9~ed .nd de~ivr.ed ~ ~ny hsld by faid 1NORiGAGEE ~s (u~~ht~ security to sa~d mortpage deot. •nd. ~+a ~esf ~Mn ten (10) days in ad+ance of the exp~ranoo ol e~th potKy. 1o d. GvK ro uid MORTGAGEE a rMewal thereof, topad?K w~~h a rece~pt fw the pre+n~um o( such renewal; ~nd ihrr• ~Aall ba no f~re or winds~o~m inwraoc pl~ced on a~y of said buildinys. any inrerot? the~e~n a par~ the~eof. unless ~n efie fcvm and wifh tM loss payable as aiwesa~d: ~nd in the eva?t any wn o} nwney becomei payable under such policy w policies sald MORTGAGEE shall have the opt~on to receive and apply the same oo +ccount o( the indabtrd neu secured he~eby w ro permit said MOR~GAGORS to receive and uss it w any part rhe:eof iw o:hc. ~rpears. v.~~lwat ~h~.eo~ waivi•~g c~ ~~npa~~ in9 any p~~ty, lieo a right under u by virtw oi thii ma:y+~e; snd i~ the eve~t ~a~d MORTGAGORS sAall ta any reason fail to kerp the sa:d :~*rs w in~~~ed, or fail ro deliver pranptly any of said polities of insurance 1o iaid MORTGAGEE, or (ail prompfly to pay fully ~ny pre~nium Iherefot o~ in a~y respec~ fail b perForm, diicharge, •:ecuts, effed, compte~a, comply wirh a~d ab~ds by ~h~s covenan~, w any par~ I+ereoi, sa~d INGRTGAGEE may pl+ce a~~d pay iw suth insurante or any part thereof without waiving w afiectiny any option, lien, eq~iry, or right ur+der o~ b~ virtue of this MongaQs, a~+d the ' f~ll amo~nl of each snd tvery suth payment shall be im.rned~atcly due and payable and shall be+r interes~ irom the date tF~ereof un~il paid at the rate oi nine per centum per annum and to~ether wifh such interest shali be stcured by the lien of this mortgage. 1. To permiL commit w suffer no waste, impairment a detera~arion of said property o~ +ny paN thereof. S. To pay all and singular the costs, charges ~nd expenses, includ~ng a reasor+able attuney's fee and costs of abstrscts of titb, iocw?ed o~ paid ~1 any time by w~d N10RTGAGfE, because a in the event ol the failure on the part of ~he said MORTGAGOR to duly, promptly and fully pe~form, d~xhargs. execute, effect, complete, comply w~th and ab:de by each and every the stipulations, sgreements, conditiau, and covenants of said promiuory note and th+s mortgage any w either, and said costs, charges and expenses, each and every, ~hall be immediately due and payable; whNher a eat there be notice dt mand, auempt ro collect w tuit parx~:ng; aad the fv!! ameun~ of each and every svch paymem shai~ ~.ear intercst from tl+e date thereof ~ntil p~id ~t the rare of nine per centum per an~ium; and all said costs, char9es and expenses incurred w paid, togetlxr with suth interesL shall be secwed by the lien of this mOffgOSjl. ~ Q TMst (a) in the event of any breach of this Mortgage or defaul~ on the part of the MORTGAGOR, or (b) in the event any of sa~d tvms of money. herein referred to be not promptly and fully paid within thirty (30) days next afeer the same xverally become due and payable, without demand a nfltice, or (c) in the event each and every Ihe stipulations, agreemen~s, conditions and covena~ts of said promissory note and th~s mwtgage any O~ either are no1 ~uly, prompNy and fully perfamrd, d~scharged, executed, effected, completed, complied with and abided hy, then in either or any such event the sa~d ag gregate sum memioned in said promissory note then remaining unpaid, with inierest accrued, and aI~ moneys secured hereby, shall betar~e due and pay- able fwthwith, a thereafter, at the option of said MORTGAGEE, as fully and completety as ii all of the said sums of money were wiginally st~pula~ed to be paid on such dsy, anything in sa~d promissory note or in this M«tgage to the contrary notwithstanding; and thereupon or thereafte? at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore w lhereaiter begun, may be prosecuted as if all moneys setured hereby had matured pNw to in inslirution. 7. 7hat in the event that at the beginn7ng of or at any time pendi~g any su~t upon this Mo.tgage, o~ ro faeclose it, w to reform it, a to enfwce payment of any claims hereunder, said MORTGACaEE shall apply to the Court-having ju~isdiction thereof fo? the appo~ntment of s Receiver, such Courf shall Fo~thwith appoint a receiver of said matgaged prope:ty all and singular, includ~ng ail and singular the income, profits, iuues and revenues from whateve~ seurce derived, each end every of wh~ch, it be~n9 expressly understood, is hereby mortgaged as if spec~ficafly set fwth and dexribed in lhe 9ranting and habendum ctauses hereof, and such Receiver shatl have all the broad and effective funct.ons and Fowers in anywise entrusted by ~ Cou~t to a Reteiver, ~nd s:.ch appointment shall be made by such Court as an admifted equity and a matter of absolute right to said MORTGAGEE, and without reference ta the adequacy o~ inadequacy of the value of the property mortgaged or to the sotvency or ~nso~vency of said MORiGAGOR or the defendants, and that such renfs, profin, incane, iuues and revenues shell be applied.by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the pradice of such " Court. ' S_ To duly, promptly and fuily perform, d~xharge, ezecute, efiect, comp~ete, comply with and abide by each and every the stipulations, agreemenri, conditions and covenanrs in u~d promissory note a~d this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its auccessws and assigns, may, without noiice to the MORTGAOR, deal with such succeuor or successor in interest with reference to this mortgsge and the debt hereby setured in the same manner as with Mortgagor without in any way vitiating or distharging the Mwtgagori liability here- under w upon the debt hereby secured. No sale of the prem~ses hereby mortgaged and no fwbearance on the part of the MORTGAGfE or its successon or assigns a~d ra extension of the time for the payment of the debt hereby secured given by ~he MORTGAGEE or its successors or suigns, Jvll operate to release, dixharge, modify cha~ge or affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waivK of any obligat~on hereunder w of fhe oblgation st cured hereby shall at any time thereafter be hefd to be a waivrr of the terms hereof w of the instrument secured herby. I1. In add~tion to the forego'~g rnonthly payments of print'pal and interest required by the promisso~y rate secured hereby, mortgagor tovena~ts and agrees to pay to mo:tgagee with each monrh!y payrnent an addirional sum est:mated by mortgagee to be equal to 1%12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed a9ai~st thc above described reaf estate. ! 8-Premiums on fire and windstorm insurar.ce as herein requ;red to be carrisd on the improveme~ts situate on the above dasvibed premises. C-Premiums on wch mortgage guaranty ir.surar~ce as mortgagee shall irom t:me to ti~ne deem fit to carry on the loan secured hereby. ~ Mortgagee shatl from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum shall thereupon be due and . ! f Fayable on the due oate of the next month:y payment and each successive month thereafi~r until mortgagee shall notify mortgagor of a change in such E amount. Such sums shal! be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance ` ~ premiums. ~ 1 WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ned. Sealed a i ed i presen~! of: 1 Clinton C Carroll aq k ,n ~ ~ Mar ne arroll q ; ~ STATE OF FLORIDA ~OUNTY OF St . ~Cle ~ ~ Befwe me perwrwlly appeared C11L1tOJ1 C. Carroll a~ Mary Alyne CdYY011 his wiie, to me well known and known to me to b~ the individuals described in and w!w executed the foregoing inst~ument, and acknowledged before me that tbey executed the same for the purpo~es therein expressed. And the uid r~~Y alyne CaII011 wife of the said Clinton C. ~=ZOll ~ipcn a separate and pirvste examination by me taken sepa?ate and apart from her said husband, ackrawledged to and before me that she executed ~sid k~str~ment freely and valurr rarily a~d without ~ny computsion, constraint, appreFKnsion, or fear of or from her sa;d F~usband. ~,~'~•j- ~-~~L~}_+ WITNESS my hand and official seal this 215t day of ZCh ' A. D. 19 72 ~ . . Q , ~ Notary Publ'~c in and f iFie Sts ~Of f~q~{~ tlrpe { My Commiuion expiress ; 3i . 1~ v~~~ Retum To: NOT ~~~TE ~~.ORIOA st lAR(iE First Federal Savings a loan Association ~ EXR~E3 $Ep~. j5. 197~j Of Fort P~erce. 9~ $1 ~%0- / ~ Fort Peerce, florida ~ ciE cPQUT~ sui ` . ~ ~ This Instrument Prepared By John W. ol-lins CLERK CIRCUIT COIIRT ~ ~ First Federal Savings 8 loan Association ItECORO YERIi1E0..~~ of Fort Pierce , Florida « i~ Checked By ~ ' 2~266'73 - - aoaK2a~ ~~E 4 ~ n t: . ~ ~:7 b - _ - ~ ~.~5 _ ; _