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Home My WebLink About0159 i . to plsp and conrinvo~rsl~ 4Mp on rh~ bu;tdinps now w haNftK NtwN on ~aid land ~nd on ~11 equipnKnl ~nd pKwn~lly towr~d by thi~ mor ~ wi~h ~11 pr~miwn~ ~hsr~on pad in fuib fu~ inavr~nca in Mr uwa{ ~ta~dxd policy forn~, in • ~urn approwd bY ~M MORiGAGEE, ~nd windsro uaww~c~ in tl» vswl ~~~ndard pol~ty fwm, in ~ wm approwd by tM AiIORiGAGEE. In wch cornpany a compani~a a th~ MORiW1GEE ~n d+nct~ and all Rr~ and w~arm -in~wano~ polKi~s on ~y ot a~d bvild~np~. ~ny Mu~r„t the~~in w pa?f thHwi, in tM app~p~N awn ~fa~s~id In utpss ~hKpf, ahall conuin ~M vwal standard mort9apN t1~vM w such ahK ttwM a 1M N1orlyaq~~ m~y rpv~n. ewkirg MK bas wdM s~~d po ci~s. t+d~ and ~wryr. p~rable ro uid AAORTGAGEE u in in~ae~1 en~r app~ar. and e~ch and ~w.y s~?ch policy ~hall b~ prompdy us•pned N+d dN~vk~d ~ any MW by said MORIGAGEE a fw~M~ securiry ro~aid morroap~ d~W, and, ~wf leu 1Aan 1«? (101 dayt in adv~nc~ of ~h~ ~ap"v~t~ of ~ach poticy. ro d livu ~o uid MpRTGAGEE • r~newat tM~wi, top~rh~r with a r~c~eipr iar the pr~+niwu oi such r~watr ~nd tl,K~ ~II b~ eo fi?~ o~ winds~um i~x~e~t pt+ad on ~ny of s~id buildi+,ps, any in~eresr dN.Nn or put M~nof. unless tn ~M torm and with tM low payabl~ u~taKaidt a~d in ~M ~~aa any wn of moeKy b~ean~s payablt ue~ wd~ polky a poliei~s said MORTGAGEE it?all Mw ~h~ option w noeiw and appfy tM sam~ on ~ecow+~ of tk~ ind~b~ed nesr ascwsd Fw~~by a~o permi~ uld MORiG/1GOR5 to reqiw and w~ it a any put thcreof (a o~her pu~poaes, w~~hou~ tl?aeb~ weiviny a~mpa~r• inp any pvity, li~n w ripht w~dar w by v4tw of thii mort~ap~j ~nd k~ tM ~ve~t said MORTGAGORS shall for any rtawn faif ro ke~p tM s~id pnmites so iniw~d. o~ f~tl b dsiivK promptly any of saial policies ot irqwar~ tp s~id AApRTGJ1GEE, ot fail promptty to pay fully any pr~mium lherefor o~ in sny ?etpact fail b p~rfan~ dischNye, e:ecvt~, sffect, complete, comply wi~h ~nd abid~ by thls cow~ant, w any put hKwf, said MORTGAGEE m+y plaa ~nd P+Y fo~ sucA inw~ana a any pah tMreof withoW w~ivfnp or ~ff~cti^p MY ePtion. li~n, eq~rity. or riphl undM a by rirtw of ti?is Matpapt, u~d the full amoue?t of each ~nd ~vKy such p~ymeM il+all M imm~diatNy dw snd psy~bl~ and shrll b~ar intKal from tM dat~ theteoi until paid at tM raN ol nin~ pe~ centum pe~ ~nrwm and togelhe~ with suth interest shafl b~ iecvred by fM :ien of this mo~ap~. 1. To p~rmit, ao~nn?it o? wffa no wute, impa'ument or deteriwation of wid prope.ty or any put d~tr~of. S. To pay all and ~inpvlar the costs, chupes ~od expa+ses includ'ug a reasonabk ~no?ney's fes and w~n of ~bstracts of titk, i~c~rred o~ p+~d at any tane by said MORTGAGEE, b~cavse or in the weot of ths f~ilwe on th~ part of ths said MORTGAGOR ro duly, prompNy ~nd fully perforrn. d~acharg~, execute,•efted, compkM, comply with a~d ~~+de by each snd every tF~e stipulations, ayreemenh, tonditions, and oownants of said promiuory nott s~d Ihis ^+a~9+~ +rtY a? eirher, aed said cos?a, charpes and ~xpenses, esch ~nd every. slwll be inrnediately due and payable: whether a not there lx notice de mand, ~ttempt to tolkd or wit pendiop; and tM fvll araount of wcl~ snd every such paymer?t sh~ll b~ir interosf from ths dste tF~eof w?til p~id at the.. rate of nine p~r cMtum per an~ium; and all said tosts, charyes arW expenses incwred w paid, topether with such interwt, .shatl be secv~ed by the lie~? of thw 1 mort~sye. ~ 6. Thst in the event of any breach of this Matgs9~ a defavtt on the pan of the MORTGAGOR, or (b) in the event ~ny of said sums of nwney herein refe?red to bs rat prompHy a~d f~lly paid within thirry' (30) days nexr afte? the same seve~atly become due ~t~d payabl~, without dem~nd or noi~ce, or (c~ in ths event cach and every tlK stipvlaiiona ~yreemenn. conditions and coven~nts of ss~d promissory npte end th~s mortpape a~y o~ either a~e nol iuly, promptly and fully pe.formed, dlscharped, executed, effected, compkted, complied with and abided by, then in e;ther w eny such ewnt the uid giegaM sum menYpned in said p~omiuory nots tf~en remaining unpaid, with ime~est xc?ued. and all moneys securod hereby, shall becane dw snd pay- able fwthwith, Of fFIQfNfiK~ at the option of sa~d MORTGAGEE, as fully and completely as if all of the said sums of mw~ey were orqir?~lly stiputated ro be paid on suth day, anything in sa~d promiuwy note or in this Mortgage to the tonfisry notwit)ntanding; and timreupon or Ihereaha ~t the option of sa~d MORTGAGEE, without notke a demand, suit at law w in puity, therefwe or thereaher begvn, may be prosecuted as if all wqneya s~cvred hereby ' had matwed prwr to iri institution. 7. Thst in the event that at the begiru~ing of or at ~ny time pending any suit upon thh AAo?tgage, or to fweclose iL or M reform iL or to enforo~ payment of sny claims hereunder, said MORTGAGEE shall apply to the Court having jurisdidio~ thereof fw the appointment of ~ Receive?, such Coun shsll Fwrhwith appoint a receiver of said mortgaged prop~rtY all and singvlsr, indud~ng all and singvlu the income. Protits, issues ~~nd r~verwes froin whatever source derived, each and every of whith,_ it beinp expreuly ~nde+s?ood, is hereby rtwngaged ss if ipecificatly xt fwth, and desuibed in the ~ranting and habendum clauses hereof, and such Receiver shall have aH the bro~d and effecrive funct~a,s and powcn i~ anyw~se entrusted by • Court to a Receiver, ~nd wch appointment shall be mads by svch Covrt as an admitted eq~ity aod a matter of absolute ~ight to said MORTGAGEE, snd without reference to the adequacy o? i~adequacy of the wlue of the property mortgaged or to the wlverxy or i~wlvency oi said MORiGAGOR w the defer?da~ts, and that wch reros, profits, uxane, issues ~nd revenves sFwll be applied by such Receive? according to fha lien or equity of said MORTGAGEE snd the practice of such CouR. To duly, prompNy and fully perform, discharge, execute, effM, complete, comply with ~nd sbide by each and every the stipulations, ~greements, conditio~s and covensms in said promissory ~ote snd this mortgage set ~orth. 9. ?hst in the event t!x ownership of the mortgaged premis~s, a any part thereof, becwnes vested in a person other than the MORTGAGOR, fhe MORTGAGEE, its succeuon end assigns, may, without notize to the MORTGAOR, deal with such succesior a successor in ioterest with reference to ihis mortgage and the debt hereby setured in the same mamet as with Mortgagor without in any way vitiating or discharging the Mortgagors' (iability F~err undcr a upon the debt hereby secured. No sate of the p~emises ?~ercby mortgaged and no fwbearance on the part of the MORTGAGEE w in successo~s or auigr?s and no extension of the time fw 1he payment of the debt hereby secwed give~ by the 1Y10RTGAGEE or its succeswn w auigns, shall operate to release, diuharge, modify thange or affM the original Iiability of the MORTGAGOR herein, either in whole or i~ part. . . 10. It is spec~ficaily agreed thst time is of the euence of this contract and that m waiver,of any obligat;on I~ereunder w of the obligation se- cured heteby shall at any time thereafter be held to be s waivd of the terms he?eof or of the instrwneM sttvred herby. 11. In addition to the forego:ng monthly payments of princ PSt and interest required by the promiuory note secured hereby, mortgagor covenants - and agrees to pay fo mortgagee with each mo~thly payrnent an add~~ional sum estirimated by mortgagee ro be eqval to 1/12 of the annual cost of the fdbw- ing: . A-All real property taxes levied w auessed against the above dex~ibed real estaTe_ B-Premiums on fire and windstorm insurance as herein requ~red fo be carried on the improvements s~tuate o~ the sbove descr;bed premises. C-Premi~ms on such mwtr~age guaranty insurance as mortgagee shati from fime to time deem fit to carry o~ the loan secured hereby. N~ortgagee shall from time to time notefy mortgagor in writing of the amount due and payabk hereu~der and such sum shall thereupon be due and Fayable on the due date of the next monthty payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of a change in such amounf. Such sums shall be applied by mwtgagee toward the paymeM of real. property taxes, inwraxe ~re..-.:u.-.s, and max!$..-~e giaranly insusa_nts premiums. ' IN WITNE55 WHEREOF, tF~e said MORTGAGOR has hereunto set his hand and seal the day and year fint ~foresaid. Siyt~ed, Sealed snd de' ered i he prese~ce f: . ~ r 4Ep~~+o ~Tiliiam J tte ~ f~.l{~tE C ~ Rv~ER POITRA~ . +n C~ERK C1aC111T G9l111T ~ q RECORD VERfF1E0~ Beab2'iCe M. t,e ~ STATE OF FtORIDA . ~ ~ ~O i~ ~ ~'t ~~c ' COUNTY OF L1C~ ~ IVV~B. - Before me personally appeared ~.13,8n1 ~J• AYt7~rti@ ~ H88ti2'~(9B N• ~yOti~ his wife, to me well known and E~own ro me ro be the ind;vidvais described in u~d who executed tha foreyoirg i~tnxr~nt, and adcnowledged be{ore me tF~st they executed the same for the pv~oses therein expressed. Md the ssid ~ASti2'~C6 H• ~TOtrt9 ' . :.~y4~ w~fe of ,h. _ Wi]li,a~ J. A3rotts . -o .-s examin~tion b me taken se pa ~ Y parate and- a rt from he~ .said husband. ~duwvrledped to and before me that shs executed said inst. ~ .t~y volwr • tarily and witlwut any compulsion, c,onstrsint, sppre , or fear of or from her said husband. - t~. ~ ' i WITNESS my Mnd and official se~l thi ' day of ~.~q . ~ _ _ - . , , _ ~ Notsry Public in a for Ststs.c3 ~Jdr'~-~t.Cit~i~ My Commiuioo ~xpire3: 'r•~••. = L~ _ . Return Ta. ~ . : nur~Rrv~;s[.~c si~r~ fc.v~~nA ~'f~t~R~lk....••', ; Fint Feder~l Savings a~oan Auociation MYGO4:~41iS_tf;Pi ~y'•.; "~-t 2~,1~ " Of Fori Pierce. F'~S = f~~ ~ENERAL Ic~:iliw~i'=.;~ UND~RtirRiTERS,`M~~iu~i+~•~`• Fort Pierce, F{orida ~ 3-- This Inst~ument Prepared By J. H. RObe~,!'t8~ Jr. - Fi~st Fede~al Savings d~ toan Association of Fort Pierce ~ FYp~g Checked By ?~1 60DX ~ ~CE i , * i . ~ ~ is _ _ . - . - ~ ~~~~-~e:~ _ ti , - 90~' "L a~Q y ' ' ` -G . :.i~~''~'w':'~ .