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Home My WebLink About0491 To pl~c~ and con~~nua,~ly k~ep on ~M bui!dirps now a h~r~a(~N ~i~u~t~ on sa~d land ~nd on ~11 eqv~pment and p~.wnally cov~.td by lhii ma ap~. w~th ~II prfmivrM ~he~eon pa~d in futl, f~~t insur~nc~ ;n rM uwat •tarda,d policy fwm, in • sum approv~d by the MORiGAGEE. ~~+d winds~o inw~~nc~ in tM uwal uandard pol:cy fwm, i~ • wm approved by ~M MORTGA(3EE. in such company or compu~in tM MORTGAGEE m d'var, and ~II f'u~ and w~nds~o.m ieiwanp polKi~s oi, ~ny of ~aid buitd~np~„ ~ny int~nst tMrein o~ pat thereof, in rh~ app.e~af~ ium ~fp~~id !n ~xcess thcreoi, sMU cont~in tM u~wl s~~~+dud ma~9apM clause a such other claus~ ~s tM Ma~ya~e~ may rpu~re. m+kinp ~M lo~~ ur~. s~~d po cies. ~ach and ~wrY. paYabl~ ~o said MORTGAGEE a~ iti interest maY ~pp~ar. ~nd ~ach and ~very s~ch poticy shalf be p~omptly a~s 9ncd and deiivi~ed ~ +ny held by sa~d MORiGAGEE ~s (u~rher ~ecu.ity w~aid mo.tyap~ debt, and, not I~ss ~han ren (10) days i~ adv~~ce of the expuation of each pol~cy, to d~ IivN ro taid MORTGAGEE • re~ewal tk~creof, top~thN with a raceipt 1pt the psmium of s~th renewal; and ther~ sfwll bt ~o f~re or windsto~m insu~u+t placad o~ any of said bvildi~gs, ~ny If11Nfi1 there~~ a pa~t thereo% ue+teu i~ th~ fam and with rh~ loss payabl~ at afortaaid; and in tM ewr?1 any sun of nwney becornes p~yable under such policy o~ polKies said MORTGAGEE iFull haw ths opt~on to ~eceive and ~pply the sarrw a? accou~~ of the indebted neu secured hereby w ro permit said MORTGAGORS to rec~ive and us~ it a any part thereof fw o~hcr purposrs, \YIIF1pJI tha.eb~ wa~~i~.g a~ unpair~ ir?p any puiry, lien or riqht vnder or by virrue oi this morspape; and in th~ ~vent said MORTGAGORS shall for any reason f~il to keep the said premises w insured, w fail ro deliva p.ompNy any of said policies of inswu+ce to said MORiGAGEE, w fail prompdy to pay lutly any prem~um therefor o~ in any rospect fail to pafpny diuharge, execute, effect, compbte. comply with and ~bide by this covenant, or any pa.t he~eof, said MORTGAGEE may place and pay fw such inwrance w ~~y part thereof witho~t waivi~p or sffedinp any opYwn, lien, eqvity, o~ right unda or by virtw o1 this Mortgs~e, ~nd the full amount of esch ~nd everyr wch payment ihsll be immediately dve ~nd payable and ihall be+r interost from the date thereof u~tit paid at th~ rate o! nine per ceneum per annum and together with suth iNerest sh~ll be secured by tFk lien of this mortgage. _ 1. To permit, commit p suffer no waste, impairment a deterioratan of said p?ope~fy or any part thereof. S. To pay all and singula? ehe costs, charga snd expenses, i~cludirg a ~eawnabk attwney i fee and costs of abstracts of title, incurred w psid at any time by said MORTGAGEE, becavse ot in the event of the fail~~e on the part of the said MORiGAGOR ro duty, promptty and fvtly perform, distharge, execute, effett, complete, comply w~th and ab:ck by esth ahd every the stipulations, agreemenri, conditions, and covenants of said promissory ~?ote and thi~ mafgage any w either. and ia~d cwn, cMrges and expensm, each and every. shalt be immediately dus and payable; whelher a not there be notice d~ mand, attempt to cotkct or wit pe~d~ng; and the full amovnt of each and every such paymcnt shall bear interes~ from the date thereof until paid at the raee of nine per centum per annum; arw all said costs, chuyes ar~d expenses inc~rred w paid, together with such interesl, shall be secured by the lien of tha mort9sge. 6. That (s) in the event of any breach of this Mortgage or default on tM part of the MORiGAGpR, or (b) in tFx event sny of said sums of mo~ey herein refe~red to be no1 promptly and fully paid within thirty (30) days aex~ after tM same severally becwne due and payable, without demand o~ notice, or (cJ in the event each and every the stipulations, agreements, co~ditioos a~d covenants of said promisswy note and this mwtgage any or either ars nof i~ly, promptly snd lully perfwmed, d;sc~wrged, eaecuted, eifected, completed, complied with and abided by, then in either a sny such eveM the said ag- gregate svm me~tioned in said p~omissory note then remaining unpaid, with interest actrued, and all moneys secured Fxreby, shall becort~e due and pay- abte fwthwith, a thereaiter, at the option of said MORTGAGEE, as fully and comptetely as if aU of the said sums ot mo~ey were o~ginaily st~putated to be paid on s~ch day, anythi~g in sa~d promiuwy ~ofe w in this 1Nortgage to the contrary notwithstanding; and thereupon or thereafter at the opfion of said MORTGAGEE, witFaut notice or demand, wit at law w in equity, therefore or thereafter begu~, may be prosecuted as if all rt~oneys ~ecured hereby had matu?ed prior to its institution. 7. That in the event that at the beginnirg of w at any time pe~ding any suit vpon this.Mort9age, or to fweclose it, or to reform it, w to enforce payme~t of any claims hereunder, said MORTGAGEE shall apply to the Co~A having jurisdKtion thliep( 3pr ~Sl~e appointmeM of a Receiver, svch Court shall iathwith appoinl a ieceiver of said mortgsged property all and singular, includmg alf and singular the income, prdds, ~sues arxJ revenves from whatever source derived, each and every of which, it being expreuly understood, is he~eby matgaged as _jf spec~ficaFtiy set fath ari~~~desCribed i~r tF?e g~anting and habendum ctauses hereof, and such Receiver shall have alt the broad and effective funct.onf and pqwei~ in•anywise entrvsted by s Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of abspluN ~igAt 'to' said, MORTGAGEE, ~ and without reference to the adeqvacy w inadequaq•of the value oi the property mwtgagecl or 1o the so~vency or inso(vency oI saW M{ORTGAGOR p the defendants, and that such rents, profits, incane, iuues and rovenues shall be applied by such Receiver accordi~ to the lien w eqviry of wid MqRTGAGEE and the,pradice of such Court. • . . 8_ To duly, promptly and fully perform, discharge, execute,~affect, complete, comply with a~d sbide by cach and every tF~e stiputations, agreeme~ts, ca°nditarts and covenanrs in sa,d promiuory note and th;s mortgsge set forth. - 9. ihat in the event the ownership of the mwlgaged premises, w any part thereof, becomes vested in a person other tha~ the MORTGAGOR, the MORTGAGEE, its successas and assigns, may, without ratice to the MORTGAOR, deal with such succeuor w wccessor i~ interest with reiere~ce to lhis mortgage and the debt hereby securcd in the same manner as w;rh A{wtgegp welhout in any way vit;ati~g p dixharging the Mortgagon' liabiliry here- under a upon the debt hereby secured. No sale of the Fremises hereby mwtgaged sed no forbearance on the pan of the MORTGAGEE or its successon cr assigns artd rw exte~+s~on of tF.e t~me for the paymem of the deb~ F~ereby secured given by the MORTGAGEE w its successors or augns, shatl ope~ate to rekase, discharge, modify change w affect ihe wiginal liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of tlx euence of this contract and tFwt no waiver of any obligation here~nder w of the obligaYan sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof o~ of tF~e instrumeM secured herby. I1. In add~tio~ to the forego:ng monthly paymsnts of princ'pat and interest required by the promissory note secured hereby, morfgagar covenants and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follovr- 'ng: A-All real property taxes levied o? assessed against the above described real estate_ B-Premiums on fire and windstorm insurance as here~n requ~red to be cariied on tf?e ;mprovements sitvate on the above desuibed premises. C-Premiums on wch matgage guaranty inzurante as mortgagee sha11 from time to time deem fit to carry on ehe ban secured hereby. Mortgagee shall from time to time notify mwtgagor in writing of the amount due and payable lxreunder and such sum shall thereupon be due and Fayable on tf~e due date of the next monthty payment and each successive monrh tkereafter urtil mortgagee shal) noti;y r?w~tgagor of a c}w~ge in such amo~nt. Such sums sFall be applied by mwtgagee toward the psymeM of real property ta:es, insurante prem:ums, and mortgage guaranfy insurance premiums. IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set h+s hand and seal the day and y first afa ~d. Signed. Sealed and deli ed in tl~e resence of: ases . ic s 'n o .~~n c.arol Jean7~ic s csea~ STATE OF FLOitIDA ~ COUNTY OF - $t . ~.11C 1Q • 8cfore me personally appeared JdIDeS M H1CiC5 C8i01 Jean Hieks h;: W~r~, to me well known and known to rrK to be the individvab described in a~d who executed the fweyoirg instrvment, and acknowledged befwa me that they executed the sams r~.~~~ ~,~.~a. ,a,d tt~ ~;d Carol Jean Hicks = ~O~..l , : -~:.t.._ wife of the ,,;a James M Hicks {.2 examinatan b me taken se ~+;i.-~~n `•~!P!~ Y parate and apart from her said hvsband, acknowledged to •nd before me fhaf she executed said. M~i ~ rarily and without any compulsion, constraint, appre ipn, or f~u of or from her ss;d husband. ` . ~t~L~~ ~~~?~i~: ' - ~~t` !jc WITNESS my hsnd and official seal thi ~y of Z' ,1fs:=~~~' Q ~ b: ? , 'r~~,~r-.S~i , , . ~_:~is Nota Pvblic in and for the a1~.~,~1jt~ at My iifi011 Q7tplflS: . . r~ . t ~.j . s~: Retum To: , ' ~ . - . ~`~s•: .c~ ~C = First Fedcral Savings a loan Association • i, NdlARY PUBLIC STATE OF RORI~A-~ _ ~ ' ~ - K~ . Of Fort Pferce. ~ ' -MY ~~~AISSIJ EXPIRES MAR. ~ ~r`~?it`~~~` GENERAt tiYSURA UftDER[ArRiTERS,1t'fE. . Fort Pierce, flwida ~ ' ~ 3-~. - ~s This Instrument Prepared By Wm. E. Bzaun ~~~C~~~~~~~~- First Federal Savi~gs 8~ Loan Association lt4CER PO~TRAi of Fort Pierce Florida CLERK CIRCIt1T COWC~ • RECORO ifER1i~E0 Checked By S~,_ „ Q~ ~*T 1, ao$~c~~ ~ 226996 # _ ~ ~ ~ .4 - - - ~