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Home My WebLink About0749 To ptace and continuou~ly keep on tlw bu~sdi~+ps now a Aer~af~N 4tu~N on ~aid land and on ali cquiqnent and p~non~lly covend by this ma ap~, wi~h ~11 p~emlvms thereon pa~d i~ full, (ire insv~anc~ in ~M u~ual stardud po~ity lorm. in ~ tum ~pprov~d by tM MORiGAGEE. ~~d windsto inwranc~ ie the uiwl ~~a~xlard pol~cy (wrty in • sum ~pprov~d by th~ MORTGAGEE, in wch company o~ compa~+a a d+~ MORTGAGEE n+ dv.c~: and .11 ~'u• and ~r~nd.arm inswanu oolici~s oe +nv o! N~d buildinpt„ any I~tK~~t tMrtin or pa?t tMrwf. In tM apyreya~~ sum ata~said In ~xceu thereof, ~MII conuin tM uswl sandud ma~ypN cl~us~ a iuci~ oti~ ci~us~ ~s tiw F~or~yaqN +n~y ~puu~. m+i~inp i^s wsi ur~w i:~ p° ci~s. ~a4h ~nd ~vKy. paYabl~ to s+id MORTGAGEE u~ti i~t~est m~y app~+?. and tach u?d ~very s~ch policy ~halt b~ pramptly ass:yrwd and delivered i +ny Mld by s+id MORTGACsEE as 1ur~Fw security to s~id mort9aye deW, +nd not ~tss ~Mn ~tn (101 d+1n in ~dvanu oi th~ ~xplr~Ywn of e~ch policy, to d~ IivN ro aid MORTGAGEE • r~ntwal thtr~of, toatthN with •~eteipl fq IM p~~miun~ of such rNxwalj and ther~ shall b~ ra fi~e o~ wi~dstwm insuranc plaoed on any of s~id bvild~n~s, any inte?~st thK~cn a pa.t ~M?wf, ~?nl~u in tM form and with Ihe bss payabk a~ sforesaidj and in tFM evMt any suo of mpNy becom~s payabl~ unde~ such policy or policies said 1NORTGAGfE ~hall Mw the op~ioe~ to ~aceiw and +pply ths same on acco~m of tM ind~bted ness fecw~d Ix~ebr w M permit said MORTGAGORS ro ~eteive +nd vs~ H or any parf tl?ereof for othcr purposes, wi~ho~t ~hareb~ waivi~ig or ~mpair inp any p~ity, lien a right under a by virtw of thls mortpa~e; ~nd in tM ~vee+t u~d MORTGAGORS sM0 for sny reawn fiil 1o keep the u~d premises so inswad. w iall to dtliver promptly any of taid poticies of inwr~nce ro sa~d MORTGAGEE. or fail prompNy to pay fully any prcmium therefor o~ in anY ?esped fail to paForin, dwchu~e, eaecute, ef(ed, compl~te, eomply with and abide by this covenant, w sny part hereof, said MORTGAGEE may plaoe +nd paY fa wch iraurarKe o~ ~ny part thereof without waivinp w ~Hectirg ~ny op~ion, tien. eq~ity. w ryM under a by virtw of this Mortype. ai+d the full amo„e~ of eacl? u~d every wch payment sh+ll be immediately dw +nd paYabti u+d sh+ll bear Interest from ths dat~ thereot ~nril peid af tM ra~• ot nine per centum pet.snn~m and taJether with wch interest si»II be securcd by tM liee of this mortq+gs. 1. To permit, commit a wffa no waste, impa'ument a detarioration of said property o? +ny p+rt thcreof. 5. To pay .all M+d ~lequlu tix, costs, chupes and exper?se~, includiny a ~esson+ble anorney's fca a~d costs of ~Mtracts of title, i~curred o~ psld at any time by said MORtGAGEE, betause w in tAe ewnt o4 the fsu~re on tne part oi ~ne saKi i~ivRi~a:.vi~~ io aviy, p~~xnpiiy a~~S i~~ y Nwiuwa~, c'.'.,.L~ecye, executs, effect, c~mplete, comply with and ab~de by each and every the itipvlations, agreemenis, condiians, and cover+anri of said promisso~y note and this mortgape any w ei~her, and said cosb. charge~ and expenses. e+ch and every. sh~ll be immediately due and payable; whe~her a oot there be not~ce d~ ~ mand, attempt to tolkct w suit pe~ding; and the full amount of exh and every iuch paymrn shall besr interest i?om ihe datt Mereof vntil p~id at th~ rate of nine per centum per a~num; and all said costs, chuges and cxpenses incurred w paid, together with iuch interest, shall be secured by the lien of thu mortpape. . Q That (a) in the eveot of any breach of this Morfgsge or dafa~U on tM paH of the MORTGAGOR, w(b) in the event ~ny of said sums of money herein roferred to be not promptly and fvlly paid within thirty (30) dsys next after the same severatty 6ecome due and p~yabl~, without demand or notite, or W i~ tl+e event each and every the stipvlations, agreements, conditions and covenants of sa~d prom~uory note and this mortgape any w e~ther are no1 i~ly, prompNy snd fully performed, d~scharged, executed, effected, completed, complied with and abided by, then in either or any such evenf 1M said ag g:egate wm mentio~ed in said prom~sswy note then remai~ing u~paid, with interest acuued, and all mo~eys secured hereby, shall become dw and pay- able forthwith, or thereafte+, at tF+e option of uid MORTGAGEE, ss f~~ly a~d completely as if all of the said wms of mo~ey were aiginslly stipulated to be paid on such day, anything i~ wid p~omiuory oote or in this Mortgage to the contrary notwithstsnding; and thereupon w thercafter at the option of said MORTGAGEE, without oo?ice or demand, wit at law w in equity, theretore or thereaiter begun, may be proxcuted as if all ma?eys securad hereby had matured prwr to iri institution. ~ 7. That in the event that at the beginning of w af any time pendirg any s~it upa~ this N4ortgage, w to fweclose it, w fo reform it, or to enfwce payment of any claims herevnder, said MORTGAGEE shatl apply to the Court having jur~sdic~ioe ~hereoi for the appo~etment of a Recciver, such Court shall - Forthwith appoi~t s receiver of said mortgaged property all end singular, irxlud~ng all and singular the i~come, profits, issves and revenues from whatever wurce derived, each and every of which, it being expressly understood, is hereby mortgsged as if speufically ut fwth and dewibed in the granting and habendum dauses hereof, and such Receiver shall have all the brwd snd effective fvnct~ons and powers in anywise er~trwted by ~ Cou~t ro• Receiver, and such sppointment shall be made by s~ch Co~rt as an admitted equity snd a matter of absolute ri~t fo said MORTGAGEE, snd without reference fo fhe adequacy or i~adequacy of the vatue oi the property mortgaged w to the solvency a insolveocy of said 1V.ORTGAGOR a the defendants, and that such renrs, profin, income, iuues and revenues shall be applied by such Receiver according to the lien a equiry of said MORTGAGEE and the practice of such CovA. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, compty with and abide by ~ach and every the stipulatioos, sgreements, conditions and covenanfs in said promiuory note and this mwtgage set forth. 9. That in ihe event the ownenhip of the mortgaged pren:ises, w any part thereof, becomes vested in a persw~ other than the MORTGAGOR, the MORTGAGEE, iri wcceuors and augns, may, wifhout notice to the MORTGAOR, deal with such successor o? successor in interest with reference to ihis mortgage and tF~e debt hereby secured in the same manner as with Mortgagd without in any way vitiating or discharging tha Mwtgagors' (i~bility FKrr urtder a upon ~ix debt hereby secured. No saie of the premises hereby mwtgsged and no fwbesrance on the part of the MORTGAGEE w iri successors or auigns and reo extension of the time for the paymem of the debt hercby secured given by the MORTGAGEE or its successws w auigns, shall operate to release, dixharge, modify change w affM the orginal liability of the MORTGAGOR herein, either in whQle or in part. 10. It is specifically agreed that tune is of the essence of this contrad and that no waiver of any obligation hereunder or of the obligatan sc cured hereby shsll at any time thereafter be held ro be a waiver of the terms hereof w of the instrumeM secured herby. 11_ In add~tio~ ro the forego:ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mwtgagor cavenants and agrees to pay to mortgagee with each monthly payrnent an addirional sum estimated by mortgagee fo be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes kvied or assessed against the above deuribed real estate. R-PrPmi«ms on iire and windstorm insurance as herein reauired to be carried on ihe improveme~fs aitvafe on th2 above destribed ptemitlt. C-Premiums on such rtwrtgage guaranty insurar,ce as mortgagee, shal! from time to time deem fit to ca?ry o~ 1he ban secwed hereby. ~ Mortgagee shall from time to time notify mwtgago~ in writirtg of the amount_ due and payabte hereuncler and suth sum shall therevpon be d~e and I Fayable on the due date of the next monthly payment and each successive month thereaiter urtil rtartgagee shall notify mortgagor of a change in such j amouM. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranty inwrance E premiums. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and y ar ' sf af id. 6 .~l~i-yfie~~ .7C~iCU' 'si~ u2iir2~E~~i i7i ii~ Ni2"sei.C6 3i: ~ D 7 ~ Robert G. Black q ~ . ~.,n ~ Beverly . Black STATE OF FLORIDA ~ ' $t. U1C1@ COUNTY Of eefore me personally sppeared Robert G. Blaek ~„d B@V6Zly• S. BlaCk his wife, to me well known and known to me to bs the individvals dewibed in and who executed the foregoirg instrument, and ~cknowledged before me that thsy executed the ssme for the purposea therein exp~essed. And tfie said BQV@IlY E. Blaek w~fe of tMe ssid Robert G. Blaek „Po„ • separate and privaM examinaian by me taken separate and apart from he? s~id husb+~d, aduwwledged to end befors me that she executed said irntrument freely aid volun- tarily and withovt any compulsion, constrai~t, sppre~hyension, or fear of w from her said husbarxl. ~ ~ WITNESS my hand and official sesl this /f~ day of _ A zil A. D. 19 72 . ~ ~ ~ ~ Notsry Public in and f St f fbrids ~t Lary~ ~ ? ' My ComfDissiOfl fXpif e~ `~~~:1:c„~~~~~~~~'-j, ~ Retum Ta. . ; t F/ ' First Federal Savi s 3 Loan Assotiation = ~s '~~0~:... ~j•~s~ O~ Fort P~e.ce. ~ ~ ~i ~ ~ 4 f'. : Fort Pierce, Flwida = ~ LEO AN~ ItECQRp~, = ~ ~ _ ~ ` S~. lUC1E COUMYY f lA. ; 4 ; ~ ~ ~ ~ : ~ _ 110Gf R PosSR~S = u+ y•~ ~ CtERK C~FCUIT QOURT ~ e~ ~ R~ This Instrument Prepared By John W. Collins RECORDVER+FIEO~ - ~ j. Fp.'••:....••' ~,4 First Federal Savings ~ Loan Association ~ of Fort Pierce ~ Rlorida ~ ~0 ZZ ~ ~TZ . ~~''%;T~~ ~x - L~~ "'+.r?.. ~ Checked By ~~~~.y~9p . rl~r I ~ ~ ~ ; eooK ~201 ~c~ 7~8 ~ _ ; ~ ~ ~ - . ~ ~.~~"~~~.~Y _