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Home My WebLink About0751 To pl~c~ and conti~uously kNp on th~ buildirqs now or 1+~~~aft~. W~wq on i~id I~e~d ~nd on all equ~pm~n~ ~nd pe~son~lly cova~d bY ~hi~ mw p~, with ~11 pramiwns ~hereo~ p+~d in full. lir~ i~su~~nc~ in t!» vtwl ~~aoda.d policy fam, in •~wn app~owd by ~M MORtGAGEE. ~nd windti~o ~nsur~ In tM uwai ~~u+d+.d pol~cy fam, in • wm ~pprowd by ~M MORTGAGEE, in wch canpanY w con?P+niN a du AAORTGAGEE m ~=:.si T~ lr-~ z-~ =~`~s ~!x~ ~e+ ~r o! s+~d huild.ngt any iMery~ ther~in w w~t tM?wi. In tM ~p9«9~q sum ~(orrsa~d ~ In ~xau ~Mr~of, ~hall con~sin ~M viwl iundud ma~9+~ clws~ a svch aha cla~,s. a ~M Ma~pa9.. e+ay ~puu~. m~~inp ~M wss unoe. ?+~d Po ci~s. ~ach ~nd ~wry. Wrabl~ a said MORTGAGEE a in i~taea may ~pp~ar. and iach and ~vay iuch pol~cy ~hatl b~ prompUy aas:9ned snd d~tivKed •ny ?~Id by ~id MORiGAGEE a fu~~Fa` s~curiry ~o said mat9ap~ dib1. ~nd. not I~u lhan t~n (10) d~yt !n advanc~ of tM txpir~tion of each policy, ro d~ live~ ro iaid MORiGAGEE ~.~new~l ther~of, tope~M~ wi~h a ~ac~ip~ tor tM p~~miwn of wch ~~newal; ~r+d ~h~r• shalt b~ no f~~~ a windstam i~wr~nc pl~c~d on ~ny of wid buildinps, ~ny intaett thKein a pa~t the~wf, v~l~ss in dK (am ~nd wi~l~ ti» lou pay~ble as ~fw~saidr +~d ~ rl~e ~wnt any sun of moewy becprNS paYabl~ under wch policy or policws said MORTGAGEE ihall haw tM op~an ~o receive and apply ~he s+me a+ +ccounl of tM i~debted neu ~ecur~d Mr~by w w permit said MORTGAGORS ro reaive u+d ~s~ It or •ny p~rt thereof fa other pu~poset. w~~hout ~he.co~ wai~~~y w unpair~ iny any eqv~ty, IiM a right under or by virtw of thn morsya~t and in tM went ia~d MORTGAGORS shall for a~y ?eawn f~il ro keep the uid pr~+nises so insu~ed, or fail b deliva p~omptly ~~y of said policies o) iniw~nu to said N10RTGAGEE, a fail prompily to pay fully any premium therefw w in any respect faU w pe~fonn, discMrge, execuro, effed, complete, comply with ~nd aWel~ by this cov~~ant, a any part hereof, said MORTGAGEE may place and paY fw such i~ranu a any part thereof witho~t w~ivug w affsctinp any option, lien. equity, w rigM under a by vir~ue of this Mwtp~e. ared the full ~mouot of each ard every wch payment shatl b~ immediat~ly dw and p~y~bb and shall beu in~erest from th~ dat~ tAereof until paid at ths rat~ oi nine per tentum pN a~rwm and together with wch interest shall be setvred by tFN IiM? Of this morty~e. 1. To permlt, oanmit w suffer no wsst~, impa'ument w dNerioration of said property w any parl 11+e~eof. s T.+ ~..y ,U sn.l stnoular th~ msts, chuo.s ~+d expenses, includinp s reawn+ble anwney's fe~ and costs of abstracts of title, incuned w paid at any tune by wid MORTGAGEE, betavse w in the eve~t of the failure on the p~rt of the said MORTGAGOR to du1y; prompt~y ~no #uiiy pe~iwm, oixne.ga execute, effect, complete, canply with and ab:de by each and every the stipuletions, ayreements, ~cor?ditwns, and oovenants of ssid promissory note a~+d thi~ mortgspe ~ny w tithet, and said costs, char~es ~nd expenses, each and every, shall be immediately due and paysble: whethe~ a not there be notice d~ mand, attempt ro colkct or wit pending; and tl+e full amount of each ~nd every wch paymem shstl bea. interest from tM date the.eof vntil p~id a1 the rate of nine pcr centum per aruwm; and alt uid cosn, chuges and expenscs incurred ar paid, togethe~ with suth interest, shall be tecured by the lien of tha mort~spe• b. That (a) in the event of any breach of this Mwtgsge o? default o~ the psrt of the MORTGAGOR, w(b) i~ ths eve+~t aoy of sa7d wms of money herein rofared to be not promptly and fvlly p~id within thirty (30) days r+ext after the same sevHally become due and p~yable, without demand o? notite. ~ or in the evcnt exh and everyr 1he stipulationa agreements, conditiorts and covenants of sa~d promiuory note and th~s mwtgage a~y w eithe? ~re not t ~uly, prompHy a~d fully perfwmed, d"~scharged. execvled, effected. completed. complied with and sbided ~iy, then in either o~ any such event the said ag • gregate wm ment'a~ed in said promiuory note then remainirg unpaid, with interest xuued, and afl moneys secured hereby, shall become due and pay- able fathwith, O? fI1lfNftN~ at ~he optio~ of said MORTGAGEE, as fulty and compktely as ii all of the said sums of money were a~ginally stipulated ? to be paid o~ such day, anything in said promiswry note or io this Mortgage to the cont~ary r?otwithstanding; and tlxreupon w thereafter at the option of f said MORTGAGEE, without notice w demand, s~it af law or in equity, ther~fore w thereaftcr begun, may be {xosecuted ss if all moneys secu~ed hereby had matured prior fo ifs iratitWioo. . ~ 7. That in the evmt that at the begi~nir+g of or st sny t:me pcnding any wit vpoo this 1Nortgage, w to faeclose iL w to refwm it, or to enfwce payment of any claims hereunder, said MORTGAGEE shalt apply to fhe Court having jurisdiction thereof for the appointment of a Receiver, s~ch Court shall forthwith ~ppoiM a receiver of uid mortgsged p?operty all ~nd singular, includ~ng all and singvlar the income, profits, issues and revenves from whatever source derived, each and every of whrch, it being expreuly understood, is hereby mortgaged. as if specifically set f~th and described in the ~ra~ting and `u.~n^ :~.s:s: c!s•ss~s hcsraf, a.^.~ s• :h 2~cavr- n!~!! 4~ve a11 th• 5••••i1 .ff.4tivp func~~ont and powen in anvwise entrusted by a Courf to a Receiver, and :~ch appointment shall br made by such Cou~t as sn admitted equity a~d a matter of absolute right to said MORTGAGEE, and without reference to the adequacy w inadequacy of the value of the properry mwtgsged w to the wlvency w insolventy of uid MORTGAGOR or the defendann, and that such renrs, profits, income, iuues aod revenues shall be app~ied by such Receiver according to the lien w eqvity of said MORTGAGEE and the practice of such Court. ' 8. To dvly, promptly and fully pe?form, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemenri, conditions and covenants in said promissay note ared thw mortgage set fo~th. 9. That in the event the ownenhip of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, iri successors and auigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with refere~ce fo fhis mortgage and the debt hereby secured in the ssme manner as with Morlgsgor withoui in any way vitiating or distharging the Mwtgagors' lisbility here- j under a upon the debt hereby secured. No sale of the premixs hereby rtwrtgaged and no fwbearance o~ the paM of the MORTGAGEE w its successon or assigns and no extension of the time for tFx payment of the debt hereby secured given by the MORTGAGEE or its sutcessors or assigns, shall operate ro release, dixharge, modify change or affect ttr original liabi~ity of the MORTGAGOR herein, either in whole or in put. 10. It is specifically agreed that time is of the esxnce of this contract and that no wsiver of any obligaYwn he~cunder w of the obligation se- c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagw mvenants and agrees to pay to moztgagee w~th each monthty payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: - A-All real p~operty taxes kvied or auessed against the above described real estate. v ~s"_ _ t"_ '^w ~ 1~.. ..~,..y~ i.` t3t7!££~ M 1~!° nmyn.naMS aiNaafa e+n f1w A{~fnva t~vafliffe[~ ofemiaei - •c....v~..a v.• v.... ..wv....~w .~y_ . „ - C-Premi~ms on such mortgage guaranty insurar~ce as mortgagee sFwll from time to time deem fit to carry on the loan secured hereby. Mortgagee shail from time to time notify mortgagor in wrifing of the amount due and payable herevnder and such sum shall thereupon be due arxl ~ payable on the due date~ of fhe ne:t monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in wch ~ amo~nt. Such sums sF.all be applied by mortgagee toward the payme~t of rea~ property taxes, insurance prem:ums, and morigage guaranty inwrance j premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and yea irst aforesaid. ~ Signed, Seakd and deG ed ~n t presence oi: ~ ~ an ~ e R. ~Fi].liam~s p ; ` ses~ ~ $Sr~l ~ ~810H STATE OF FIORIDA ~ COUNTY OF Sf'.• I~UC~ ~ Befwe me personally sppeared ~e ~ ~li~]16 ~nd SSTBh ~1-~SIDS his wife, to rrx well known snd known to me to bs ~ the individwb described in and who executed the foregoirg instrumant, and ackr?owkdged before me that tixy executed the same fot tFN purposes therein expressed. And the said '~~h K ~ffi8 ' wife of tht ssid ~BA R• ~'~'i8ffi uP~ • ~ Pfi!1M' . examinatiw~ by me taken separate and apart from her said husband, acknowledged to snd before me that she ex~cuted said inat~uA~ent ce~ty ~nd valwr~ - ` tari{y a~d without sny compulsion, constraint, ~pprehe~ipn~ w feu of w from her asid Fwsband. WITNESS my hsnd and officul seal this day of /C~~O.•19~ ~ l • ~ ~ tary Public in snd i t StaM of fl9rjd~ ~t.L~r~ ~ _ . My Commisaion expires: - - , • - - ' " Retum Ta . " - . ' • First Federsl Savings 3 loan Association ~TRRY Fii?LIC STATE Qf ~[ORIQj~~~+'"~ • s~f Of Forf Pierce. ~ f."'••?•-~~~•G~) ~Qt!?FS /S;.R . j~ ~ r*£NfiRAL INSUiiANCE UIVDERWRITERS.1l~.,,,;, ' Fwt Pierce. Flwida .~z- , ~ f1t,EP AN~ RECOitp~ This Instrument Prepared By d. Ii. RObel''t.8~ dT. =T ~f COUMTYftA. First Federal Savings b Loan Association ROCfR POITRAS CIERt C1flGU1T COYIIT ~ of Fort Pierce ~ F101'i.d8 RECORD YFRtFIEO~..~.. Checked By ~ I I• ~ j~ ~~TZ ~ aaac~ ~ 22'7199 ~ ~ ~ ls ~ _ _ _ z . ~ - - - ~ ;i ~-a~~~~p;.~,s.~,. ~a{'.-.~~+~: ~ _ . - . _ _