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Home My WebLink About0890 ~ ~ J. To plxe a.+d cont~ououity ls~p on ~he bu~:d~~+yt now w hercahN utwtt a+ s~~d I~nd and on aC c~~lp.neot •~~d pe.w~.~~y coYs*ed b~ ~++~s n+a ay~. w~th •II prcml~m~ Uurcon pa.d ~n iuti. Lre insu~~rxe in ~he ww{ fe.ndard po~~cy lorm, in a s.:m •~.potied br the INOR;GaGEE. a•+d w~nds~o insu~anc~ in ~M u~wl ~rand~rd po~.cy 1«~n in • sum ~pp~ov~d by tM MORTGAGEE, in tivch company a compa~~ef as tht MORiGAGEE n~ duetl: and all (irs ~~~d w~nd?rorm ~nsura~+te pot~uci on ~t+y oi Hid build~nq~, ~ny intera?t the~em a pa~t thc~eot, i~ tM a99~e9~te sum ~faesa+d in ~acess ~hcreol, sAall cun~ai~ ~hs usvat i~andard ma~qapa~ c~aus~ a iuci~ ai~a ci~use ~s ~i» Mwiy.yw ~~~r +rv~.:s. ~:s?::.~ t~: '•=se -~^~r +~~d ~ c~ei, each and evay. payable ~o sa~d MORiGAGEE ai at in~erest may ap{»a~. a~+d e+ch and ~very tu<h po',cy ~hall be p~omp~iy ais y~ed a~+d del~Yaed t •ny held by sa~d MORfGAGEf as further secu~itv to s+id nwr~pa9e debt. and, not k1s ~Mn ten (10) da~s in sdYance of the eapua~ion ol each polKy, to d Gv~? to ia~d MORTGAGEE a re~+ewa1 thercof, ~o~e~her w~~h a rece~p~ fa d~c p..m~w+~ of such ~enewal; and ~here shall be no firo o? w~ndsw~m insuranc pl~ced on any of said build~~+gs. •ny inleresf there~n or pue tht~ao(, unleu i~ the (o~m and w~~h th~ lou paYab~e a~ afatsaid: and in the event ~ny iu~ of money bccanes pay+b~e under s~.ch policy a policies said MORTGAGEE shall have tf?e opt~on to rece~~e and ap~,ty the same on accoun~ 01 ~he ~~drb~rd ness secwed hereby O~ t0 pHmil Seid AiIORT~iAGOR$ 10 fNBivt aDd ui! it p any parl Ihe:COf 1or Otnrr pw~osri, v~.thOUt th~r~a~ 'Ht~~~~3 C~ ~~~~i~•+~~ ing any equity, lien w rghl under or by virtue ol this mo:tga9e; and in the svent s~;d MORTGAGORS sha!I !or ~ny ~easan fail ro keep the sa~d p~e+n~srs w ins~?ed, or tail to delive~ promptly anY of said po~ic~es of insurance to said MORTGAGEE, a fa~1 p+omptly to pay fu;ty any pre~n~um therefw w in a~Y respect fail ro pe~to.m, d~scharge, exec~te, eflect, complete, comply with u+d abid~ by this covenant, a sny part hrreof, said MORT"AGEE may p~+ce a~d pay (or sucl~ insvrarxe or any part thereof w~thovt waiveng w affMi~Q +~y op~~. ~k~. ~quity, w r:ght undr w by vi~tue of this Matgage, and the full amouM of each s~d every such payment shall be im~nedi+tely due and payable and shall bear interes~ from the date thcreof ~ntit paid at ~he rat~ ol nine per cenWm per annum and Iogether with such interest shalt be secured by the lita~ o( this mortgage. To ptrmit, commit ot suffer oo waste, impalrrtxnt w detcraration of said propcrty a~ny ~,ari t Kreof. S. To pay all a~d singulu the costs, chargea and expenses, including a reasonable attaney i fee a~d costs of abstracts of title, incurred a paid at any lime by said MORTGAGfE, becauu or in the eveN of tF?e failure on 1he part of the said MORTGAGOR to duly, promptly ar?d fully pe~form, d~xharge. exxWe, eitecf, complde,- comply w~th and ab:de by each ~nd every the stipulations, agreements, conditiau, and mvenann of said promissory ~ote and ~his morfgage any a ei~her, and sa~d costs, chargei and expenses, each arxl every, sh~ll be immediately due and payable; whether a not tl+ere be norice dr mand, attempt ro collect w suit pcnd~ng; and the full smount of each and every such paymem shall bea. interes~ f~om the date thc~eof umil p~id at t1+e rare oi nine per crntum per annum; and all said costs, charges and expenxs incurred w paid, logelher wuh such interest, shall be secured by the lie~ of tha mortgage. 6. Tha~ (a) in ihe event of any breach of this Mortgsge or default on the part of the MORTGAGOR, w b) in the event sny of ss:d s~ms of ma~ey herein referred to be not promptly and fully paid within thirty (30) days next after the same severally becane due and payable, withoul demand or notice. or (c) in the event each and every the stipulations, sgreemtnts, conditions and mvenants of sa~d promissoiy note and th~s mortgage any a either are not iuly, promptly and fully perfwmed, d+uharged, executed, effected, completed, complied with and abided by, then in e~~he~ w any such eve~t the said ag gregate sum mentioned in said promissory note then ?emaining unpaid, with ime~est accr~ed, and a11 moneys setured hereby, shall becort~e due and pay~ able forthwith, or thereafter, at the option of sa~d MORTGAGEE, as fully and completely as i( all of the sa~d wms of money were wginally iupulated to be paid on such day, anythirg in sa:d promissory note or in this Mortgage to the contrary notwithstanding; and lhereupon or thereatter at the option of said MORTGAGEE, without notice or demand, suit at law w in equity, thercfore or thereafter begun, may be prosecuted u if all moneys secured hereby had matured pnor to its institution. 7. That in the event that at the beginning of or at any time. pcnding any su~t upon this Mortgage, a to fweclose it, or to reform it, o? to enfwce ~ayment of any claims hereunder, said MORTGAGEE shall apply to the Court hav~ng jurisd~ction thereol for the appointment of a Receive~, such Court shail forfhwith appoint a receiver of said mortgaged property all and singular, intlud~ng all and singular the income, prof~ts, issues and revenves from whatever source derived, each and every of whKh, it bNng expressly unders~ood, is hereby morsgaged as if spec~fically set fwth and described in tlr granting and habendum ctauses her`of, and such Receiver shall have all the broad and effective funcnons and powers i+~ anyw~se entrusted by a Court to a Receiver, and such appointment shall be made by svch Court u an admitted equity and a matter of absolute right to said MORiGAGEE, and without reference to the adequacy or inadequacy of the value of tRe property mortgaged or ro the wlvency or insoivency o( said MORTGAGOR a the defendants, and that such renrs, profits, incane, iuues and revenues shall bE apptied by' such Receiver accwd~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply wi?h and abide by each and every the stipulations, agreements, conditans and covenants in uid promissory note and this mortgage set fwth_ 9_ That in the event the ownership of the mortgaged premises, o? any part thereof, betomes vested in s person other than the MORTCaAGOR, the M,ORTGAGEE, its successws and assigns, may, without notice fo the MORTGAOR, deal with such successw or successor in interest with reference to this mortgage a~d the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or dixhargi~g the Mortgagors' liability herr under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on tFx pan of the MORiGAGEE o? its successws ass+3ns e:N : ~ rz~c~:6c^ ef !!e !~-^^e th° ~ayrr!ene Qf tha deb+ he~eby secured oiven by the MORTGAGEE or its successors w auigns, s~ull operate ro release, d~scharge, mod~fy change or affect the original Iiab~I~ty of the MORTGAGOR hereiM either in whole or in part. 10- It is spec~fically agreed that time is of the euence of this contract artd that no waiver of any obl~gat~on hereunder a of the oblgation sr cured hereby shalt at any time ?hereafter be held to be a waiver of the terms hereof or of the instrumem secured herby. 11_ 1~ add~tio~ to the torego:ng month!y payments of princ'pal a~d interest required by the prom:ssory no!e secured hereby, mortgagar covenants and agrees to pay to mo:tgagee vvith each monthly payment an add~rional sum estimated by matgayee to be eq~al to 1 j 12 oi the annual cost of the follow- ing: A-All real property taxrs levied or asses:ed agai~st the above descrit»d real estate. B-Premiums on fire and windstorm insurarce as here~n requ~red to be carried on the ~m~roveme~ts situate on the above described premises_ C-Pre~niums on such mortgage guaranty insurar,ce as mortgagee shall from t~me to time deem fit to carry on the ban sec~red hereby. ~ Mwtgagee sfiatl from time to time notify mortgagor in writing of the amount due and payable hereundrr and such svm shall thereupon be due and Fayable on the due 8ate of the neat monthly payment and each successive month thereaft^r ur.til mortgagee shal) notify mortgagor of a change in such a•~~ount. Such sums sF.ail be app'ied by mortgagee toward tF~e payment of real property taxes, insurance prem:ums, and mortgage guaranfy inwrance premiums. . IN Y~ITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid_ " ned,, Sealed and li ed in the prese~ce of: ~.Os-._- (L'~ ~ A'16~Yf~~na~rson an . t--A../~ . r n ~ STATE OF FIORIDA t - COUNTY OF St . Luc ie - j ~ ~ Before me personally appeared E1lbert R. Anderson ~„d Ma rqa ret I. An der son his wife, ro ~ w~u k~owp ~~a k~w+M+ ~o ~++e eo be the indiriduals described in and who executed tF?e foregoing instrument, and stknowkdged before me thaf fhey execufql~tb~~a~~ for ihe purpoaes Anderson ~•~~~~'~s''~•~ rherein exp?esxd. And the said Ma rga ret I• ~ Albert R. Anderson •~:3~"'~~~~ wife of the said uPa? ,~s~W~+~te ~nd.P?'r~~e examinat~on by me taken separate and apa~t from her said husband, acknowledged to and before me that she e: _~isi~ i(~~up~tt_fteely ~nd volun- rarily and witho~t any compulsion, constraiM, apprei~ens'on, ot fear of or from he? said Fwsbs~d. " ens~ WITNESS my hand and official seal thi~ =/1f~- d~y of Apr il y K• q; ;79 72 ~ ~ ~ , ~ . Notary Publ'K in ard for 1 3taje' ~1~t~i My Commiuion expires: ~ ~E Return To: ~ First Federal Savings b Loan Associatio~ MY COMMtSS10N~ • ig~ Of Fort P~erce. tfORdEd By ~~kEfS (IISY~IIC! ~%Q+ Fors Fierce, Florida F ~Ep AND REC~ROEO f~,~11C1E COUM Y f~ IIOCEa POITRAS This Instrument Prepared By Richard K. Kayes ~~ERK Ct~GU1T QOIMt First Federal Savings 8 Loan Association RECORO ~Ea~FIfO ~ of Fort Pierce, Florida ~ ~ 12 26 PH TI Checked By ~ ~ 2;Z7302 ~ ~~~~1 P~ g88 ~ _ _ _ ~ - _ } - _ .F-1 ~ _