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Home My WebLink About1225 t0 P1K1 and cont;nvouily k~sp on tM bvildi~gs fWw M AffNftN fi1Wq WI f~id I~~I ~M~ Of1 ~II ~quipmlM ~nd pMWM1Iy COVNld t1y tl~i~ nqf ~g~. with all pr~miumi thereon pa~d in lull. firo iruv~arx~ ie ths uswl s+anda~d policy form, in a ~um app~ov~d by ~M IYtORIGAGEE. and w~++dato ~n~wai+ce in tM uswl siandard pot~cy (orm, in a wm approved by tM MORTGAGfE, in such company a companies a tM MORiGAGEE m dir~ctr ~nd all t'u~ and w~ndswrm in~~r~nc~ polK~ on ~ny of said buin#~:+yrs, a.;~ ~c,~.:s! :4~~in or p~~t the~eoL in Ih~ a~q~e9aq wm ~fassaid in oxcess thereof. sh+ll coMain ~M u~wl iundxd mor~qapw claus~ a such otlw~ cla~a ~s tlw Mat~aya~ may requu~. ma~inp th~ lou u~ sa~d po cias, each and twry, psyabte ro said MORTGAGEE ai i~i intcrett may ~ppear, and each and ~very •uch poi~cy ~hall b~ prompUy +u Qned and detive~ed ~ any ha{d by sa~d MORIGAGEE as (urthe. securiry ro ~id matysy~ debb and. nw less tMe ten (101 dayi io sdvance oi the e:pir~tio~ of exh polity, ~o d~ live~ ro said MORTG/iGEE a renewal rhe~eof, rayefha wi~h a recsipt for the pr~mium of svch ~e~ewal; and ther~ shall bt no fire o+ ~+indsto~m insu~anc p~ated on any of said buildiny~, ~ny intereit therein p pul thereof, unleu in th~ form and with tM loss payable as afwssaid; and in Ihe avent any tun of nwney bae,n~s payable under wch poticy o~ poGci~s wid MORTGACaEE shaN haw tIK opt~on to receivs and spply the same on accounl of the indebted neu secured hereby w q permi! said MORTGAGORS to rsteive ~nd uk H Or any part thcreof fw other purposeY, without Ih:rEU~ waiving or m~pair~ ing any equ~ty, lien w right u~der w by vi~tue of this mortyage; and in the event aid MORTGAGORS ihslt fa any ~eason fail ro keep fhe sa'+d p~e*n~ses so insured, or fail b deliver promptly any of said polic;es of insurarKe to said MORTGAGEE. or fail promptly to pay fully any p~cmium thetefw w in any respect fail b perfwm, discharge, exccute, eifed, complete, comply wirh and abide by this cove~ant, w any part hereof, said MORTGACsEE may plsce a~.d pay fot such ias~rance or any pan thereof without wsiving or affectinq any optiort, lien, equity, w~igh1 ~nder w by virtus of this Mottgaye, ~qd the full smo~nt ot each u~d every s~ch payment shall be immediately dve ~nd payable u+d shall bear interesl from ths date thereof u~til paid at the rats ol nine pe~ centum pe~ annum and together with such interest shall be securet! by fM iien of this morfgsge. 1. To permit, tommit or suffer no waste, impairment or deterioratan of said property o? any pan thereof. , 5. To pay all s~d sinputu the costs, tharges and expenses, includ;ng a reasonable +ttwney i fee snd costs of abstrads of title, incurred o~ pa~d at i any time by said MORTGAGEE, becaux w in the event of the tailure on tha pan of the uid MORiGAGOR to duly, promptiy and fully perfwm, discharge, e¦ecute, effect, complete, comply with and ab;de by each and every the stip~lalions, sgreements, conditions, and covenanls of said p?omiuory note and ~his mortgaqe sny or eithe?, and said cos~s, chsrges and expensea, esch and every, ahall be immediately due and payable; whethgr w nat there be notice dr i makf, attempt to coI1M w suit pend~rg; aod the full amouM of each and every such payrtKM shall bear ;nteresl from tRe date thereof until paid at the rate of nine per centum per annum; and all said costs, charges and e>penses intutred or paid, together with suth iMerest, ihall be secured by the lien of thii ~ mortgsge. 6. Thaf (a) in the event of any breach of this Mwtgsge o~ default on t!k part of the MORTGAGOR, w(b) in the event any of ss~d sums of money herein referred to be not promptly and futly paid wirhin thirty (30) days next af~er !he same uverally becwne due and payable, without demand a notice, or (c) in the e~rent cach and every the stipulat~ons, agreements, conditions and covena~ts of sa~d promissory oote a~d th~s mortgage a~y a either are nof ~uly, promptly and fully performed, d~uharged, executed, effected, completed, compiied with and abided by, then in either or any such event tbe taid ag gregate wm mentionet! in said promisswy note then remaining ~npaid, with interest atcrued, and all moneys seturtd hercby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and complete~y as ii all of the said sums of money were oeginaity st~pvtated to be paid on svch day, anything in uid promiuory~ rate or in thia Mo~tgage to U+e contrary notwithstanding; and thereupon w thereafte~ at the option of said MORTGAGEE, without notice or demand, suit at law ot in equity, therefore or thereafter begun, may be proaecuted as if all moneys secured hereby hzd matured preOr fo its institution. Thst in tF~e event that at the beginning of or at any fime pending any suit ~pon this Matgsge, a to foreclose iL or to ~efwm it, or to e~fwce payment of any claims hereu~der, said MORTGAGEE shall apply to the Coun having jurisdlction thereoi for the appointment of a Receiver, such Cour1 shall fonhwith appoiM a receiver of uid mortgaged property all and singular, inc(~d~ng ail and singular 1he income, profits, issues and rerenues from whatever source derived, each and every of which, it being expressly ~nderstood, is hereby mwtgaged as if specifically set fwth and deWibed in the granting and haberxlum dauses hereof, and such Receiver sha~l have all the boad and effective iVnCi~pnS ar,zi ~,wen in anywise entrusted by a CouA 1o a Receive~, and s~ch appointment shall be made by such Court as an admitted equity ar~d a matter of absolute right to said MORTGAGEE, and without refere~ce to the adequacy w in~dequacy of the value of the properry mortgaged or to the sotve~cy or insolvency of said MORiGAGQR w tF+e defendams, and that wch renrs, profin, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE artd the praUice of suth Courf. 8. To duly, promptly and fully perform, diuharge, execute, effect, comple~e, comply with and ab"~de by each and every the stipvlatans, agreements, conditions and covena~fs in said promissory note and this mortgage set forth. 9. That in the event the ownenhip of the mortgaged premises, or any part thereof, becomes vested in a person othn thso the MORTGAGOR, the htORTGAGEE, in successors and assigns, may, without notice to the MORTGAOR, deal with svch successor a succesior in interest with refere~e to this mortgage and the debt hereby setured in the wme man~ as with Mortgagor w~thout in any way vit;atir?g or diuharging the Nbrtgagors' iiabitity herr under w vpon the debt hereby secured. No sate of ~he p?emises hereby mortgaged and no forbearance on the part of the MORTGAGEE a its successors or assigns and no extension of the time for the paymeM of the debt hereby secured given by the MORTGAGEE or its suctessas a assigns, ahall operate ro release, dixharge, modify change or affect the original iiability of Ihe MORTGAGOR herei~, eithn in whole or in part. 10. It is speuficatly agreed that time is of the essence of this cont~act and that no waiver of any obligation hereurxler or of the obligation se- cured hereby shall at any time thereafter be held fo be a waiver of the terms hereof o? of the instrument sec~red he~by. 11. In add~~io~ to the forego:ng monthly paymants of princ'pal aod interest required by the promissary rtote secured hereby, mortgagar covenants and agrees to pay ro mortgagee with each monthly payment an addi~ionat sum esrimated by mortgagee to be eqval to 1/12 of the annual cost of the follow- ~ ing: ' A-All real property taxes levied w assessed against 1he above destr7bed real estate_ ; B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above described premises. j C-Premiums on such mwtgage g~aranty inwrance as mortgagee shatl from time to time deem fit to carry on the loan setured hereby. ~ Mortgagee sha'rl from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupen be due and i ~ayable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in s~ch amount_ Such sums sF:a(( be apptied by mortgagee toward the paymtnt of real property taxes, iruurance prem:~ms, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day r first aforesaid. ~ S" ned, Sea a ' ered i~ the presence of: ~ . ' aq S (SeaQ TfarJori E. MiI s STATE OF FLORIDA ~ COUNTYOF- $t• L11C1E' ~ ; Before me perso~aily appeared B@rtZ8riCI C. IN1125 ' Mariori~e E. Mills ~ his wife, to me weH known and known to me to be ~ the indiriduals described in ~nd who executed the faegoing instrum~,nt, apd a~knowledQed befwe me that they exetuted the same for the purposes ; therein expressed. And the sa~d Ma r ~o rie E~ M111 S i wife of ,~;d Bertrand C. Mills upon a separate and private ~ examinatron by me taken separate and apart from her uid husMnd, atknowledged to and before me that she e:etuted said instrvment freely and volvo- rarily and w;thout any compulsion, constraint, apprehension,~.feu of w from ixr said husband. ~ WITNE55 my hand and official seal this day of April A, D. 19 72 , Notsry Pu ~n and for t Stste of florida at la~e My Comm ion expires: / 9 y C~ Retvm To: Fint .Federal Savings b loan Association ,.r•i,- p:~~;~~ !C STATE OF FLOP.tha r? ~ ~~Vf Of Fort P~erce. _~•:.::•:r•,r r'.~ .:•;f"~IC~N E7(PIRES AUG- b, 1975 Fort P~erce, Florida . , GE(':'ERAL INSURANCE UNDERWRITFRS, II~iC, ~ ~ ~ ~ ~ G~ R~„ This Instrument Pre ared B«~. E. Br~~ t~ ~ ~ ~ ~'~v~R'4~~ P Y s QtEI~K CtRCQiT ~T ; First Federal Savings 8~ loan Association • _ ~ ~ ~EapRp 1f~t~~~~a ; of Fort Pierce Florida ~ - _ ~ ' ~ ~ ~ ~t il IZ PN'TZ ~ Checked By ~ : c-~,~. . ,:..?i~ t,:ti;. • .t, ~ ~ r ~ s~ooK~~, ~1~3 ~ - ~ ~ _ ~ _ _ . - - - x