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Home My WebLink About1231 3. To pl~c~ •nd cominuously ke~p on tM bui:dirps now o~ MreattN utw~~ on ~aid I~nd and on alt cquipmee~ ~nd pasona!~y cov~~td by ~bi~ ~na y~, with ~11 prtmiums ~Aerao~ pa~d in fu11, (i~e insu+~nc~ in ~Fr? usuai ~tandard polKy form, i~ a tum ap{xov~d py tM MOR~GAGEE. +~d w~ndsto ~nsw+~c~ In tM uiual ~ra~da~d po:.cy funy in • sum approv~d by ~M MORTWIGEE, in such company w comp+n~ea ~h~ h~RTGAGEE m dw~ctj ~nd all fir~ ~nd w~ndswrm insuru~e p~~:~Rs on snY rf 4+~d build~npt, any in~er~it tf+erein o? p~r~ therw(, In tM pyre9a~~ wm afweia3d ~n eacess ~he~aof, shall conuin ~F,~ vsual srandard mor~y+p~ _craus~ a ~uch aFw? clauw a tM Mor~ya9~e may raqu~n, ma?inp ~h~ loai ~nds. sa~d po des, eath and svery, payable ro said MORiGAGEE as ~ts intere~t may ~ppsar, a~d exh and ~very sut1+ polity shall b~ promptly ass.pncd ~nd da~ivered ~ •ny held by sa~d MORTGAGEE as further security to said monp~~e dsbl, ~nd, not Itu tMn ttn (10) daYS in sdvanc~ 01 the •xpira~~on of each policy, ro d~ liv~r to uid MORiGAGEE a?enew~t thereof, tope+hN with a rete~pt ia the pr~mivm oi svth ~anewal; ~nd tFxro ~haU b~ no i~re o? winds~orm insur~nc pl~ced on any~ ot said buildings. any interesl fhere~n w put thereof, ~nleu i~ fh~ form and wi~h the lou paYable as afaeiaid: a+~d in th~ event any sun of mo~ey becpnes payable u~+der sucA policy a policiss said MORTGAGEE shall haw ~hs opt~on to receive and apply the same on accoum oi ~he indrbted neu secu~ed hereby ot ro permit said MQRTGAGORS to rKeivt ~nd uf~ it or any parf the:eof for otiicr pwposes, withwt Ih:~~o~ waiving ~ m~pair iny any eqv~ty, lia~ w righ~ u~der w by virtus of ~his matya9e; snd in tl+e ~vent ~a~d MORiGAGORS shall fw ~ny reason {ail to keep the i~id premises so insured, o~ fail lo delive~ promptly ~ny of faid policies of insur~nte to ssid MORTGAGEE, or fail promplly to pay fully sny p~e~nium thetefa a in any respect (ail to partorm, discharge, exec~te, eifect, complete, comply with and abide by tlus tovenan~, a any part ha~eof, said MORTGAGFE may place and pay (w such insurance or eny part the~toi wifhout waiving q ~ffeclinp any optio~, I'~en, equity, or righ~ under o~ by virtue of this Mortgage, and the full amo~rm oi esch and every svch payment shall be immediately due ~nd payable ~nd shall bea~ i~terest irom the date thereof u~~il paid the rare of nine per cent~m per annum and ~ogether wi?h such interest sha~1 be secured by the lier? of this mortgsge. To permit, tommit w suffer no waste, impairmcnt p deterioration of said property w sny part thereof. _ 5. To pay a!1 and singular ths costs, chargea and cxpenses, including ~~essonsble attorney's fee and costs of abstracts of titls, incurred w paid at any time by said MORTGAG:E, becauu w in ~he event of the failure on the part of the ss~d ~nvRiGAGOR to duly, p~omptly and fully pxform, d~uharge, execute, etfecl, comple~e, compiy with and ab:de by each and every the stipulations, sgreements, conditions, and coveoants of iaid pramissory note and ~hii ! moregage any a eirhe~, and said cosb, chargea and expenses, each ard every, shall be immediately dve and payable; whether o~ not there be no+~ce d~ ! mand, attcmpt to cotlect or suit pend'+ng; arvd the fvll amounf of each and eve?y such payment shaN bea~ interesl from the dato thereot until paid at the rate of ~ine pea centum per an,ium; and all wid costs, charges and expenses inturred or paid, together w~th such intereat, shal) be setured by the lien of thit mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR,~ or (b1 io the event any of said sums of money herein referred to be not p~omptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand q notice, or (c) i~ the event each and every the stipulations, agreements, conditions a~d covenants of sa:d promiuory note and th~s mortgape any w either are nol ~uly, prompNy and fulty performed, d~scharged, executed, effected, completed, compl~ed witl~ and abided by, 1F?e~ in either or any such eveM 1M said ag gregate sum men~ioned in said promissory note then remaining unpaid, with interest accrued, and all moneys setured hereby, shall become due and pay- able forthwith, w thereatter, at the option of uid MORTGAGEE, as fv1ly and comptetety as if all of the said sums of money wrre wigina~ly itipulated ro be pnid on such day, anyth;rg in sa~d promiuwy note or in this Matgage to the contrary notwithstanding; and thereupon w theroaftar at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, there(ore or thereafter begun, may be prosec~ted as if alt matieys secured hereby nad matured priOr to its institution_ 7. Ttwt in the event that at the beginning of or at any time pending any suit upon this Mortgage, o? To foreclose it, w to refprm it, or to enforte payment of a~y tlaims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appoi~trneM of a Receiver, suth Court shaN forthwith appoint a receiver of said mortgsged property all and sirgular, incJud~ng aI! and singuta? the income, profits, issues and revenuts from whatever source drrived, each and every of wh~ch, it be~ng expressty understood, ia hereby mortgaged as if specifically set fwth and described in the granting and habendum clauses hereof, and such Receiver shaH have aii sF,e ~z~d and effective funct~ons and powe~s in anywise entrusted by a Court ro a Receiver, and such appoi~tment shall be made by such Court as an admitted equity and a matter of absotute right to said MORiGAGEE, and without refere~ce to the edequacy or inadequacy of the value of the property mwtgaged or to the solvency w insolve~cy o( said MORiGAGOR a the defendants, and that svch renrs, profin, income, iuues and revenues shall be applied by such Receiver accord~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, compty with and ab~de by each and every the stipulations, agreeme~t:, condiYwns and covenants in sa~d promisswy rwte and this mortgage set fwth. 9. That in the event the ownenhip of the mortgaged premises, w any part thereof, becomes vested in a person other than the 1NOQTCaAGOR, the MORTGAGEE, its s~cceuws and assigns, may, without notice to the MORTGAOR, deal with such successor or succe:sw in interest with reference to fhis mortgage and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiatirg p dixharging the Nbrtgagors' liability here- unde? a upon the dtbt hereby secured. No sale of the Fremixs hereby mortgaged and no forbearance on the part'of the MORTGAGEE w it: svccessors or assigns and_ no eatension oi ~i~e ii~i~e t.,r ihe payment of the deb~ hereby secured given by the MORTGAGEE or iu successors or suigns, shall operate ro release, discharge, modify thange or af(ect the wigirtal liability of the MORTGAGdR herein, either in whole or i~ pert. 10. It is specificaUy agreed that time is of .the essente of this contratt and that no waiver of any obligation hereunder or of the obligation st cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured he?by. . • ' I1. In adc+~tio~ to the forego:ng monthly payments of princ'pal and imerest required by the promissory note secured he~eby, mortgagor covenants and agrees to pay to mortgagee with each morethfy payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cosl of the fdlow- ing: - A-All rebl property taxes levied or assessed against the above described real estate_ B-Premiums on fire ana winclsiorm insurance as iiere~n raqu~~ed to be carrieo on the improvements situate on tMe above described premises. C-Premiu~i+s on such mwtgage guaranty insurar,ce as mortgagee shall from time to time deem fit to carry o~ the loan secured hereby, Mortgagee si~all from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ~ayable on the due date of the next month!y payment and each successive momh thereafter ur.til mortgagee shall notify mortgagor oi a change in wch a•nount. $uch sums shall be applied by mortgagt;e toward the payment of real property taxes, insurance prem:ums, a~x! mortgage guaranty insurance premiums_ IN WIiNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the ay and ear first afwesaid. Signed. Seated and delivered in the presence of: ~ f 0 ANO NEC aq ~ f~WC1E CO1pITY~ . .0 R4C~R PORRA~ i , C~ERK CI.~CU1T CIfINtt ~ 4 ! RECORO Y£RtFIfO._.,~...~~ M,a . Nar2 ss ~,n i ~ SiATE OF FLORIDA ~ ll ~21~ PM'~1 ~ ' j COUNTY OF _ S'L . I.11Cle ~ ~ ~ Sidney P. ~ Before me perso~ally appeared ~1Z le S 5 ~ Mary F. Harless I - his wife, to me well known ar,d krrown to me to be ? the individuals desuibed in and who executed the foregarg instrument, and sckrwwledged befue me that they exetuted the same for the purpoaes E therein exp~eued_ And the sa~d I~rY F. Harless E ~vife or t~ ~~a Sidney P Hariess upon a sepa?afe snd priwte f examinatan by me taken separafe and aparr from Fer said husband, adcnowledged to and befwe me that she exetuted said insirurrKnt freely and vol~n- _ rarily and without any compulsan, constraiM, appreheniwp~~ fesr of d from her said husband. ~ WITNESS my hand and official seil this ~~p` dsy of A Z11 A, D. 19 72 : ~ ! Notary Pu 'n and fw t tate of lorida ~t lsr~e E Retum To: My C expires: ~/9 7~ 'r E Fint Fede~sl Savings 3 loan Associatlon _ PiOTARY PUBCiC STATE OF FtORIDA AT lARQ! ? Of Fort P~erce. ','IY COMMISSION EXPIRES AUG. 6. 197~ Fort Pierce, F~o.~da : . _ CENERAL INSURMICE UNDERWRITERS~ INC. ~ f . _ ` - , ~ This tnstrument Prepared By Wm. E. ~a?un J ~ First Federal Savings 8~ Loan Association - ' _ of Fort Pierce ~ Rlorida ~r~-' ~ r ~ _ ~ ~ . ~ d~ Chetked ey r.~,~~''' ~ ' " b00K~~ ~JU~~ ~ ~ 1s ~ , . _ - - - _ ~ . _ ~ . : . Y.: Ea