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Home My WebLink About1607 . + J~ To pl~c~ ~nd conruwou~ly 4eep on ~I.e Gu~'d~nps now a hae~lt~. ~~rw+e on N~d [~nd ~~+d a+ .,~.w*~ ~~+d ~wsoMfl~ cove?ed bY Mw iwe~ aq~. w;~A dl prem~vn» +he~e~w~ p+~d ~n iull, 1~re uu~~~~c~ ~n ~M ~w~l sta+dad po"K~ 1am. ~n • wm wWo+ed br th~ NIO~t~GAG[E. ~~d w.^d~w maurw~c~ in tM wwl tt~~xl~.d por.cy fa.n in • wm appro~~d by tM Mt~RTGAGEE, in sucA co.+~W~y a co~~p+r?~s N tlv NdORiGAGfE du~ct; ~nd ~11 f~r~ ~nd w~ro.m ~nwr~nu p'OtK~N on ~nY oi s~~d bwW~np*, MY ~n~~res~ ehe~em ~ p~.+ ehe•eol, ie? the a~~eps~e wT daes~~0 i~ ~ac~a ~he.eol, tihall com~~n ~h~ ~~uai s~a~d.rd mor+q+qe~ c~ww a auch aF~ clww a eM Mo++qp~e ~r reQu~~. n++?a+p ~M wu ~^d~' u~d V° c~~s, each ~nd ~ve+y. P+rable w s~d N?ORTGAGEE a~ta ~ntaeN rnay ~pp~a~. ~ each and eve.~ such po:K~ sh.+i be wa*+P~~r a» ~Red ~rd det~vsyed ~ •ny heid by said MORIGAGEE ~s fw~her ~ecu~iry ~o sa~d mor+pa~ deW. ~~+d. eiW ku ~han ten (101 d~rs in ad~ance oi ~he etpuatan of cxh por~cY. b d~ I~v~~ ro sa~d JNORTGAGEE a renewal ~hercof, to~e~Fw~ with • fKQ~pt ~p N+e pr~+~u~ oi wd~ ~enewat; and ~he.e ahait bt no iae W W+~d3fO~T inwr~+c p1~c~d on ~ny of sa~d bu~ld~nps. a++y intcr~st ths~e~~ w p+r~ the.eof. unleu in tht fwm and w~+A iFw toss pawWe +s ~iaes+~d: ~rd r` tM e`ro'M ~"y s"" ol monty becanes payabte unda such policy w polKies said MORTGAGEE ~MII Mw ~M optwn ~o rece~ve ,nd app!~ the sa~ne o+~ accouM d the indeb~ed ness setured htreby p 1o pe~mit s~id JMORTGAGORS to ~eteiv~ and us~ it a any part thereo( iw o:nr~ purFasrs. v~ii,ovt ~hr~o: wa,.~,~ or ~,.~po.. inq any equ~ty, lien w riyht under a by virtw of ~hii mo::y+pe; ~nd in the ~vent w~d MORiGAGORS shall fa any reawn fail to keep ~he sa~ p.e~++:ses su insured, w iail to delivar promptly ~ny of iaid policies of iruw+r+ce fo stid MORTGAGfE, or fail promptly to p+Y ~~~~Y ~^Y P~c~n...m there~a w i~ +~Y .espect fail w pecfornn, d~xharge, execure, elfecL complets, comply wi~h and ab~de by Th~s coven+nL a~+y par~ ha.eoL sa~d MORiGAGEE may P++ce a~d paY for such insurance w a~y parl thereof without waivin~ nr afiecti~g any option, lien, equity, or righ~ under w by virtw of this Mor~qaQe. +~d ~he full amount oi each and every such paymeM shall Ix im~nedi~tely dve +nd p+yable and shall bea~ iaterest from th~ date the.eof until paid at the rat~ ot n~ne pe~ centum pcv anrwm and to~ether with such i~tc.est thail be secured by tht lien of this mo?tg+pe- To parmit, commit or sufier no waste, impairment or deteriaation of said p?ope~ty ot any Wrt ?hereof. 5. Ta pay all and siny~l+r the coats, charpes and expe~?aes, includir~y a reasw+able ~naney i fee sod wsn of abst~acts of titk, incur.ed o~ pa~d a~ any ti~ne by wid MORTGAG:E, because or in the event of the faitwe on the pa?t of the uid MORTGAGOR to duly, prompNy sr+d fully pe~form, dncharge. execute, effect. complete. con+ply w~th and ab:de by each and evcry ~he stiputa~~ons, agreeme~b. ca+ditio~s, a~d covenanK oi said p~omiisory oWe +~d thw mortgage any o? ei~her. and sald costt, charges snd expenses, esch and every. sha~l be immediately due a~d payabte: whe~her w not there be notice d~ mand, attempt to collect or suit pending; and the full amovM of each and every such paymeM shall bea. interest from the dste thereof until p~id ~t the care of nine per centum per annum; and all sa+d costs, charges and e:penses incu~rad o~ paid, together wdh suth interest, shall be sKUred by the l~+ of ihis mOr19~!- b. That (a) in the event of any brexh of this Mortgsge w dcfau4 on the part of the MORTGAGOR, w(b) in the event +ny of sa3d sums of money herein referred to be not promptly and fully paid within th~rty (30) days next after the same xvcratly becane due and payabk, without demand a notite. or (c) in the eveN each and every ~he stipulafions, agreemenn, ca~ditions and covenants of sa:d pran"~ssory note and th~s mwtgage any w e~ther are nd iuly, promptly and fvlly peifwmed, d~xFWrged, executed, eifected, completed, complied with and abided Sy, the~ ir? eitlxr a any such eveat the said ag gregate wm memaned in said p?omiuory note then remaining unpaid, with intcrest accrued, and al! moneys setured hereby, sh~ll betane due and p~y~ able forthwith, a thereafter, at the option of said MORTGAGEE, as fulty and completety as if atl of tFx said sums of money were wginally st~pulated to be paid on such day, anything in safd promiuwy note w in this Mortgage to the conrrary no~withstand;ng; and thereupon w thereafte~ st the option of sz~d M'vx:L:~GEE, withput not~ce o? demand, suit at law or in eqvity, therefore or thereafier begun, may be prosecu~ed as if sll moneys secwed he*eby~ nad matured pnw 1o its institution. r 7. That in the event that at the beginning of or at any time pending any suit vpon this Mortgage, or to fwecbse it, or to reform H, a to enface ~ payment of any claims hereunder, said MORTGAGEE shalt apply to tFx Courf having jur~sd~dion thereol fa the appo~nta:snt of ~ Receiver, such Covrt shall forthwith appoint a receiver of said rtart9agec property all and singular, includ~ng all and singular the inca*~e, profits, iuues and reverwes from whatever source derived, eath and every of which, it being expressly understood, is hereby mwtgaged as if speuiitally set forth and described in the grsnting and j habendum clauses hereof, and such Receiver shall have all the broad and effective fvnct~o~s and powers in anywise entrusted by a Court to s Receiver, and i such appointment sha11 be made by such Court as an admined equity and a matte~ of absolute rgM ro w7d MORTGAGEE, and without reference to the ~ adeq~acy w inadequacy of tha value of the property mortgaged or to tFx wivency or i~solvency of said MORTGAGOR a the defa+dann, ard that such . re~n, profits, incane, issues and revenves shall be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To dvly, promptiy and fully perform, discharge, execute, effect, complete, tompfy with and abida by each and every the stip~latian, sgreements, conditions and covenanrs in said promiuory note and thK mortgage set fath. 9. That in the event the ownenhip of the mortgaged premises, w any part thereof, becanes vested in a person other thsn the MORTGAGOR, the MORTGAGEE, ib successws and assigns, maY, wiihout notice to the MORTGAUR, deal with such successor w successor in interest with referc-~ce to tfiis mongage and the debl hereby setured in the same manner as with AMrtgaga without in a~y way vitiating p discharging the Mortgagors' lubility hert ~nder or upon the deb~ hereby sccured. No sate of the Fremises hereby mw~gaged and no forbeara~ce on the part of the MORTGAGEE w its successws or assigns and no eatension of the time !or the paymem of the debt hereby secured given by the MORTGAGEE w its successas or suigns, shall operate ra release, d~uharge, modify charge w affect the orig~nal Iiab~Gty of the MORTGAGOR herein, eitF~er in wFak w in part. 10. It is speufically agreed that time is of the essence of this cw+tract and that no waiver of any oblgat~on hereunder or of fhe obligstan se- cured hereby shall at any time thereaffer be held to be a waiver of the terms hereof a of the instrumero sec~red herby. 11. In add~tio~ to the forego:ng monthly payments of print pal and interest required by the prom~ssory ra!e secured hereby, mortgagor covenanfs and agrees to pay to mo:tgagee vvith each momhly payrnent an addirional sum est~mated by mortgagee to be equal to 1% 12 of the annual.cost of the fotlow- ing: A-All real property taxes levied or assessed agai~st thc above described real estate_ B-Premiums on fire and windstwm insvrar.ce as here~n requ~red to be carried on the improveme:?ts situate on the above described premises. C-Premiums on such mortgage guaranty insurar.ce as mwtgagee shall from time to time deem fit to carry on the ban secured hereby. I~ Mwtgagee sha31 from time to time notify mortgagor in writirg of the amoum due and payable hereunder and such wm shall therevpon be dve and i Fayable on the due date of the next nwmhly payment and each successive month thereafter ur,til rtwrtgagce shaH notify mortgagor of a change in such ~ a^,ount. Such sums shaU be applied by mortgagee towerd the payment of real property taxes, insurarue prem:ums, and mortgage guaraMy inwrincs p~emiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and year first afaesaid. i + " ned. Sealed and li er i~ the presence of: • / \ ~ n n - STATE OF FLORIDA ~ ~ St. Lucie ~ couNn oF t Before me personally appeared Donnie P.. Parker a widow and Joe Allen ,,,d ~ 6Sdnzel Allen his wire, ro me wen k.+own and.lywyrn +o.me +o bs ~ the individuals described in and who exetuted t•fwe9oiny instrument, and atkrwwledged before me that they exetute~ _tht~fi0i~'~ot thd:P~?Poses ? ri,erein expressed_ And the said Manzel~/A12en ' r• : . w~fe'of the said JO@ Al len ~ ~ wpprr;,aa~ta/g ~nd pivat~ examinaYwn by me taken separate and apart from F~er s~id husband, adu+owkdged to and befwe me thst she e~ •{~iA irotryi~rd ~~~+d vdw~- rarily and withovt any compulian, constraint, sppreFKnsio~n,{,or fear of or from Fror said husband. ~ 7.- " " WITNEU my hand and officeal seal this ~~i/~~ d~y of A ril _ ~~~p~~ 72 • ' ~ o~ - ~ N~t~ry Public in snd fw .~1'l~' ~ . My CW11TtSSlOf1 p[plflf: ~ r~~~ - : r'{'^ ~ ~ \ j aJ Return To: . MQTAit~ i~.iC, STATE d FLORIQ~ ~t LARCE First Fede~al Savings 3 Loan Association 11Y C011MISSION p(p~RE$ $EpF 25, 1975 Of Fort P~erce. ~ ~ ~ ~ ~n~ ~ Fort Piercr, Flor~da F LEp ANQ IlECORDE~ g~_l1{CIE^COUNTY fLA. RpCEr ~Oi7RAS CLERK C~:~ EO COURT This Instrument Prepared By John N. ~`l~r~~s First Federal Savings 8 Loan Association ~,n 1~ ~S of Fo~t Pierce , Florida Checked By ~ ioaK2~1'1 n~16~ ~ ~ , - - - - ~ .