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Home My WebLink About0012 To p~~c• •nd com~nuovsly ~cep on ~M bv~'d~no~ ~ow w Mreaf+K 4tw1~ on ~~~d I~nd a~+d on •li cq.,~pneot and p~rwn~lly covaed by this ma p~. w~~h ~11 p~emwmf ~~ereon pa~J ~n 1u11, fue inw~~nc• ~n tM u~ual ~ta~dad polKy fam. in ••~m •Np.ev~d b~ ~fie MOR~GAGEE. a~d w~ndt~o ~ntwanc~ in tM wwi ~+~nda~d po~~cy lam, in a wm ~pp+o.ad by th~ MORTGAGfE. in tvch ta+~pa~y o~ tort+pames af thi MORiGAGEE T d~rrct; ~nd aU (i~e a~d w~nJ~+am in~w~~c~ polK~ on any ol ~aid bviid~~f. My IMf/f~t tAQfl10 or par~ thereol, ie tM pprc~a~~ wm afasuid in •xtHf ~I+e~eol. ~Mtl ca,~,in ~M usual ~~~ndard mor~~+pN ciaus~ w ~uch o~Frr c'~°~a +s t!» Mo.~q~y~e may •r•i=•~: ~~?i~g ~~.r 4~* vnd~ u~d po c~es. esch ~nd eve?y. paYab!e ~o s~~d MJRTGAGEE af ~t~ ime~eft may app~a?. ~nd each and every tuch pohcy shall ba prompfiy ~s~ pned a~d delivered ~ any hrld b~ sa~d MORIGAGEE ~t (ur~her scc~~~W ~e s~~d matpp~ deb1. ~nd, not Itu ~Mn ten (10) days in adwrxe o( ~M ~xplration of each pol~cy. to d~ live~ to sa~d MORiGAGEE a renewal the?cot, to~e~her wi~h • rKapl fp tht p?tmiwn ol suth ~enewai; and ~here fhatl b~ ~o f~re or windsto~~n insuranc Flsced on any of sa~d build~ngs, a~y in~c.Mt ti+e~ein o~ pu~ thereof, ~nle» io tM (orm ~nd wi~h tM loss payabla ai •iwesa~d; ~nd in tM event any sun of money becomes p+yable under s~ch policy w pol;c;es wid MORTGAGEE shall Mw fhs optwn to receiva end eppfy the isme on account o~ the indebtrd ness secured hereby w lo perm~t ~aid MORTGAGORS to reteivt snd us~ it w any part thereol ia omrr F~rFOSrs, v.nho~t th~r.oi waivi c~ u+~p~~~ ing any equ~ty, I~en a' rigfi~ unde? a by virlus of this mo:!9~pe; u~d i~ tFN ~vent s~id MORTGAGORS shall to~ any ~eason tail to keep the iaid p~emisrs so insvred, o~ fail ro deliver p.omprly any of said polKies o( iniur~nce to said MORTGAGEE, a fait promptly to pay fully any p~emi~m therefor w in a~y respect (ail b paiam, d~scharge, execute, effed, complets, comply with and abid~ by this cove~anf, o~ any part lee.eo(, iaid MORTGAGEE may pl~ce a~~d pay (w such insurance o~ ~ny part thereof withoul w+iving or affectirg any option, lieo, eqvity, or r~ght undm a by virtus of this Matgage, ar+d the full arrw~ro oi each and every such paymenf shall be immedi~tely dve ar+d payable ud ~hall bear i~terest from ths date the~eof ~ntil paid at the rate of nine per tentom per annum and to~ether with such interest shall be secured by th~ lien of this matg~ge. 1. To permit, commit w suffe~ no waste, impairmeM w deterioration of said property w any part thereof. 5. To pay all and singular the coats, charga snd eapenxs, including a reasonabls aftwney i fee and costs of abstracts oi titte, incurred or paid at any time by uid MORiGAG:E, because or in the event of ehe failure on the part of the said MORTGAGOR to dvly, promptly and fully perlwm, d~uharge, execute, effect, complete, comply w~th and ab;de by each a~?d every the stipulatwns, agreeme~ts, taulitions, and covenants of said promissory note and this mortgage any w e~ther, and sa~d costs, charges and expenses, each and every, shall be immediately d~?p and payable; whethe? or not there !x norice dr mand, attempt to collec~ w suit pend~ng; and the full amount of each and every such payment ihall bea. interest from the date thereof until paid af the r~tr oi nine per czntum ~r annu:n; an~' ai! said wsts, charges and expenses inturred or paid, together wdh such interest, shall be secured by the lien of thi~ mwtgage. b. That (a) in the event of any breach of this Mo?tgage or defau~t on the part of the MORTGAGOR, w(b) in the event any of uid sums of mo~ey herein referred to be not promptly and fully paid within thirty (30) days next af~er the same uverally become due and payable, without demand or notite, or in the event each and every the stipulations, sgrexmenfs, conditions and covenants of sa:d promiuory ~ote and th~s mortgage aoy w e~the? a~e no1 iuly, promptly and (ully performed, d~scharged, executed, effected, completed, complied with aod abided 'ay, then in either a any such event the said ag gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys utured hereby, shall become dve and pay- ao~e to~ihwiib, a ~hereafter, at Ihe opGOn o( said MORTGAGEE, as fu~ly arx! completcly as ii all of the said sums of money were w~g~ns~ly s~lpulated ro be pald on such day, anything in sa;d prom~sso?y note o? in this Mortgage to the contrary notw7thstanding; and thereupon w thereafte~ at the option of sa:d MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, msy be prosecuted as if all moneys secured hereby had matu~ed pr~a to its institution_ 7. That in the event that at the beginn~ng of w at any time pendirg any sult upon this Mortgage, w to foreclose it, or to reform it, or to e~force payment of any claims FKreunder, said MORTGAGEE shalt apply to the Court having jurisd~aion ~hereol (o? the appointment of s Receiver, such Court shall forthwirh appoint a receiv~r of said mortgaged property all and si~gu(ar, inctud~ng aIl and singular ihe income, pro(its, issues and revenves from whatever source derived, each and every of whfch, it being expressly understood, is hereby mortgaged as if speufically set fwth and desuibed in the g~anting and habendum clauses hereof, and such Receiver shall have atl the broad and effective funct~ons and powers in anywise entrusfed by s Covrt to a Receiver, and s~ch appointment shall be made by such Cou~t as an~admitted equity and a matte~ of absolute right to said MORTGAGEE, and without reference to the adequacy a inadequacy of the value of the property mongaged or to the so:vency or insolvency of said MORiGAGOR w ihe defendanis, and that such renis, profits, incane, issues and revenues shall be applied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and the practice of such Court. 8_ To du1y, promptty and fully perfo~m, dizcharge, execute, effec:, mrr~lete, comply w~th and abide by each and every the stipulations, agreements, conditions and covenants in said promisswy note and this mortgage set fwth_ ' 9. That in the event the ownership of the mortgaged prem~ses, w any part thereof, becomes vested in a person other than !7~e MORTGAGOR, the !~tORTGAGEE, its successws and assigns, may, without norice to the MORTGAOR, deal with such successor a successo~ in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vit;ating or dixharging the Mortgagors' liability here- ur.der or upon the debt hereby secured. No sale of the premises he~eby mortgaged ar,d ~o fwbearance on the part of the MORTGAGEE er its successors e~ assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, shall operate io reiease, d~scharge, rtwdiiy chanye o~ aiiecl the wiyi~ai ~iou:i~ty ot iT~ i::GitiGAC,OR F;~rein, ciihe: in whaie ar i.~ psri. 10. It is spec~fically agreed that time is of the euence of this contrsct and that no waiver of any oblgaf7on hereunder or of the obligatan sr cured hereby shall at any time thereafter be hefd to be a waiver of the terms hereof w of the instrument secured he~by. I1_ In add~tio~ to the forego:ng monthly payments of print'pal and interest tequired by the promissory no?e secured hereby, mwtgagor tovenants and agrees to pay to mo:tgagee vvith each monrh[y payrnent an add~~ional sum estimated by mortgagee to be equal to 1~`12 of the annual cost of ihe follow- ir~~_ A-Afl real property tazes levied or assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurar.ce as here'~n requ~red to be carried on the improveme~ts situate on the above dsscribed premises. C-Premiums on such mortgage guaranty ir.surar.ce as mortgagee shall from t~me to time deem tit to carry on the loan secured hereby. Mortgagee shail from time to time notify mortgagor in writing of fhe amount due and payable hereunder and such sum shall thereupon be due and I payable on the due date of the next manth!y payment and each succeuive month thereafter ur.til mortgagee sball notify mortgagor of a change in such a~,ount. Such sums sFall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance n~emiums. N WITNESS WHEREOF, the wid MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~r~~~~'n~ . i Sealed and er 'n the preserxe of: ~ an ' ~ . (SeaO ~ • 510~.~1 Seaq i ~ ~Seap ± SiATE Of FLORIDA ~ 1 COUNTY OF Str• I31C3A ~ ~ Befae me personally appeared S~ ~th ~ and ~ g• th his wife, to me welt known and known to me to be the individvals described in and who executed the foregoing insnument, and acknowledged befwe me that they executed the same for tF~e purposes therein expressed. And ihe said H$1_'O F+~ ?S~ti~1 wlfe of the said ~r~~ ~t+b upon a separate and private examination by me taken separate and apart from her ssid husband, sckrwwtedged to and before me thaf she executed said instrument freely and vo{urr rarily and without any compulsion, constraint, apprahension, o fear of ot from her ssid husband. ~ WITNESS my hand and official seal thi day of_ A. D. 19~ ks ~ Notary Public in and for t St e of Fbrida ~t Lsrpe , - My Commiuion e:pires: ~ • ~9~~' ~ Return To: , . First Federal Savings 3 loan Associat~on ';iQ~3~„"?~ ~ Of fort P~erce. ~ ~ ~ ~ , ~ fort Pierce, Florida ~ • ~ , ~ ~r:~ ~)'.•4~: F~1.~0 AN~ RECpRp~p l r P' J ~ ST.lUC1E CQUMTY FIA. - ~ It06ER POITRAS ~ J ~ ~ ~ ~ ' ~ This Instrument Prepared By JOhti 'd. COllins CIERx CIRCUIT COURT ~ z- Q.~ v' First Federal Savings 8 toan Association RECORO VER:f1Ep~.,.~~ - i;4 : ~ of Fort Pierce ~ FlOTida ~ ~l''. ~ ~ •4' ,uq ~ he ed 8 is R~l ~1~ ,TA1F C ck y ~,~cc~~ i~ov ~ @K ~iiO PA ~ ~ ~Q 1 CE ~ ~ ls • ~ ~ v s . _ - a > _