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Home My WebLink About1017 4 t . t i J. To pixe and con~~nuouily 4eep on the bui!d~nyi now a Mreafter utwt~ on said land ~od a? ~II cquipmeot ~nd pasoeully cov~~~d by this mw y~, with ~il premiums ~hereon pa~d in fuil, (ire insur~nc~ in the uwal standard poticy fptm, in •~um approved by the MORtGAGEE, ar~d wind~ro inwra~c~ in IM utwi uandard pot~ty fam, in a ~um app~orvd by tM MQRTGAGEE, in such compa~y or compsnies as th~ MORTGAGEE m ; dilKtj ~nd all fir~ and w~~k~orm inwrance poliuei on any o( l~id b1lildiR01~ Nfy {I~fNf11 IFlt~flfl 01 Pifl ~Ilpflpl, in the a~qrcya~e tum afor~said ( in ~xceu the~aof, thall contain th~ ~swl standard ma~yayee ctau~ a such othst c~aua a: tM Mortyaflee msy reqvlr~, ma?inp tM bss ande~ sa~d po I c~, exh ~nd evt~y. payabls to said N10RTGAGEE as it~ inrereil m~y ~pp~a~, and tach and ~v~ry t~ch poficy ~hall b~ promptly ~u p~ed 1nd delive~ed ~ any heW by said MORTGAGEE ~s fvrlher security to said mortpa~ debt, and, nW lels IMn Ien (101 dars in advance of the expira~iot~ of Nch policy, to d~ live? to taid MORTGAGEE • renewal thereof, toQether wi~h • receipl fw 1Me premiwn oi such renewal; and the~e shall be ra fi~e a windstorm ins~rarx plsced on ~ny of said buildinps. ~ny i~teresl thc~ein w part tF+ereof, unlesa in th~ form a+?d with Ihe loss payahk ~s stortsaidj a~d i~? tht went any tun of mo~~ey becprnet payabte under such poticy a politits said MORTGAGEE shal! Mw the opt~? ro receive and apply the same on accoun~ of ~he indebted neu secured he.eby a w permit sa~d MORTGAGORS ro receive and use it p ~ny part fhereof tor o~ncr p~irposes, wi~ho„t th.r~u/ wa~~~~y o. ~mpair ~ng any equity, lien w rght ~nder w by virtus of this mortgs~ej ~nd in the ~ve~t ~s~d MORTGAGORS shall iw any ~eason fail to keep the uid pr~m;srs so insured, w fai) ro deliver promptly ~~y of said politiss of inwr~nce to s+id MORTGAGEE, a fail promptly ~o pay fully a~y premivm therefa a in any respect fail M pe~fam, d~uharge, execute, effM, complete, comply with and abide by this cova+ant, w any part hereof, said MORTGAGEE may plate and paY fw such insurante w ~ny parl IF?ereof without waiviny or affattinp arty oplion, lien, equ;ty, or ~igfit under ot by virtut of this Ma~ga9e. ~r?d tht full amou~t of each end .e~ery i~ch payment shall be immed'wtely due and payable ~nd shall bear interesl from ths date thereof until pa~d at the ?ate oi nine per te~t~m per annum and togNher with such interest shall be securcd by ti?e lie~ of this mort9sge. 1. To pe~mit, commit w suffer no waste, impairmeM a dcteriorstion of said prope~ty or any psn thercof. 5. To pay alt and singulu the cosa, cMrges and ezpenses, including a ~easonable attorney i fee and costs of abstracts of title, incurred w psid at any time by said MORTGAGEE, because w in ths event of the failure on the part of ehe said MORTGAGOR to duly, p~omptly and fully perform, d~scharge, execute, eifect, comptete, comply with snd ab~de by each ~nd every the stiputat~or?s, sgreeme~ts, oonditions, and coverwnts of uid prom;uory note and this mo.fgage any or eifher, ar+d said costs, charges and expenses, each and every, ihall be ~mmediately due ar+d payable; whe~her w not there be notice d~ mand, attempt to collect or suit pending; and ths full amount of each and eve~y such payment shall bear interesl f~om fhe dste thereof until paid at the rate ol nine per centum pe+ annum; and all said costa, ths+gss and expensts in[urred w psid, together with such iMerest, shall be secured by the lien of this matyage. 6. That (a) in the event of any brcach of this Matgage or default oe~ the pa?t of the MORTGAGOR, w(b) ie the event ~ny of ss~d wms of money herein referred to be nof promptly and f~lly paid within thirry (3p) daya next after ~he same severatly become dua and payabk, without demand o~ ~ot~ce, ;e? e~ th> evenf exh and svery the stiputatians, agreements, conditions and covenanri of sa:d promiuory note arxl th~s mortgage any w e~ther are nof ~uly, prompdy and fully performed, d~xharged, executed, effected, compkted, complied wi1A s~d sbided ~iy, fhen in eiti~e.v o? any sucfi avani ihe said ap g~egate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall betome d~e snd pay- able fo?thwith, or thcreafte~, at the optio~ of said MORTGAGEE, as f~lly ard completely as ii all of the said wms of mo+?ey were o~i~inatty sttpuleted to be paid on such day, anything in said p~omissory note or in this Mortgage to the contrary notwiths~anding; and thereupon or thereafta at the oplion of said MORTGAGEE, without ratice a demsnd, wit at law w in equity, therefore or tFKreaftcr begun, may be prosecuted as if all rraneyt setured hereby had maWred prior 1o its institution. 7. That in the event that at the beginaing of or at ~ny tirne pendirg any suit upon this Mortgage, or to fweclose it, or to rsfwm it, or to enfwce • paymeM of any claims hcreunder, ssid MORTGAGEE shall apply to the Court having jurisdiction thereof iw the appoi~tment of • Receiva, such Coun shal) forthwith appoint a receiver of uid mortgaged p?operty all and singular, includ~ng all and singulsr'~he income, profits. issues and revenves l~om whatever sou.ce de?ived, each and every of which, it being expressly ~ndcrs~ood, is hereby mortgaged as if specificplly set iwth and destribed iq th! graroing and fiabendum cfauses hereof, and such Reteiver shall have all the broad and eifective functions and povrers in anywise entrusted by ~ Co~rt to s,Reteive~, and such appointment shait be made by such Cou~t as an admitted eqvity and s matter of absolute right to said MOkTGAGEE, and without reference to the adequscy w inadequacy of the value of the properry mortgaged or to the soivency or insotvency of said MORTGAGOR w the defendants, and that such rems, profits, intdne, iuues and revenues sha~l be applied by such Reteiver accwding to ihe lien oa eq~iry of said MORTGAGEE and ihe pratt'rte o# such Court. - 8. To duly, pramptty and fully perfarm, discharge, execute, effect, complete, comply with and abide by each and every the stipvlations, agreements, ! conditpns and covenants in sa~d promissOry ~ote and this mortgage set fath. ~ 9. That in the eve~t the ownership of the mortgaged premises, a any part thereof, betwnes vested in a person othe~ thart ihe MORTGAGOR, the MORTGAGEE, its successors snd assigns, may, without notice to the MORTGAOR, deal with such successor a successor in interest with reference to this mortgage and the debt hereby secured in the same mam~er as with Mortgagp~ v~rithout in any way vitiating p dixharging tF~e Mwtgagws' liabilify herr under or vpon the debt hereby secured. No sale ot the premises hcreby mortgsged and no fwbearante on ~he pan oi fhe MORTGAGEE or its sutcessors or assigns and no extension of tF?e time fw the paymeM of the debt hereby secured given by the MORTGAGEE or its successors w assigns, shalt operate ro release, dischar9e, modify chsnge or affect the originat liability of the M4RiGAGOR herein, either in whole d ie psit. 10. It is spetificaNy agreed that fime is of the esser~ce of this tontract and thst no waivet of any obligaYwn herevnder w of the obligsYqn sr cured hereby shall at any tirrro thereafter be held to be a waiver of the terms hereof or of the instrumem secured herby. 11. In add~tion to tFx faego:ng monthly payments of princ'psl and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee v~rith each monthly payrnent an addirionat sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes leiied w assessed agai~st the above described reat estate. B-Premiums on iire and windstorm insurar.ce as herein requ:red to be carried on the improveme~ts situate on the above d~scribed premises. C-Premiums ors such enortgage guaranty tr.wrar,ce as mo.rgagee shall from time to time deem fet to carry on fbe loa~ secured hereby. Mortgagee shall from time 1o time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next month!y payment and each successive month theresfter uNil mwtgagee shall notify mortgagor of a thange in such amount_ Such sums sF.ail be applied by mortgagee foward the payment of real p~operty taxes, insurance prem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal ihe day and ear first aforesaid. Signed,~f aled and deli ed i t p?ese~te of: ~~i~~~1 ~..~.~la-~~-~v - - ~s~ Le n B. Fowler ~ . ~ ISeaq ~ Christine Fo~ler 3 SrqTE OF FLORtDA ~ . ( courm of St. Lucie ~ I Before me personally appeared ~On 8• FOMle= C~~St~tt@ F~OWl@Z his wife, ro me well known and known to me to bs the Fndividuals deuribed in and who executed the foreyoin9 instrument, and sckrwwledged before me that they executed the same for the purpcnes ~?,@«;~ ~x~.~,~d. ,~„d t~ Christine Fowler .vife of the wid __~R~n B~ Fowler upon a sep~rate and prrvate sep examinaYwn by me taken xparate and apart from her said fiusband, atknowtedged to and before me that she executed said instrument freely and volun- rarily and without any compulsion, constraint, apprehens~on, feu of or from her a;d husFaand. • WITNESS my hand and official seal thi day or APRIi. A. D. 19 72 - ` ~ ~~t--~~i~ ~ otary Public io and tor tl~ State of ~ ft t~rye Retum Ta My Commissan sxpirra: y_ 2 j.. - ,t ADI..~.. ~ U . ..UC, SiAIE Of.. ~ First Feder~l Savings 3 Loao Association . MY C~MMIS~I7N EJCPIR J'• . Of Fort Pierce. ~~D - Fort Vierce, Flwida ~3 ' ~ ~ `~~r~ : ~ ` ; _ ~ .~j * ~ F~lEO AND RECORQE~ ~ ~7 ~ * _ • .lUCIE COWiTY fL . N ,G ~ ~ ~ This Instrument Pre ared B~ John W. COll ~ER POITRAS , : ~ l J~ jO'~ ~ P Y ~tK CiRCU1T COURT - r. F+rsi Federal Savin s 8 loan Association % r•"f • ~ 9 AECORO VERIFIE~~•~~ ~ , ~ - . , ) ~ : ._.',eo, ~til~t_ i i . " . of Fort Pierce ~ .~r ~ ~ ~ _ ~b,'~~,`.~:~ Ant 13 It ~ AN 7~ . . , ~ Checked BY , . ``_1'~•` ~ y`~ ` ~ 8 oK201 PA~1Q15 ~ _ , - - _ - - _ _ . - ~ ~ ~