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Home My WebLink About1859 ?o pi~p ~nd con~io~ou~~~ ?Np on ~M but;daqs now a hs~~dt« ~i1wN on s~~d I~nd ~~d on ~11 eq~~p•~eM ~nd pMwn~~~~ cova~d b1l ~ki~ ew~ p~, vr~rh dl p~mwm~ ~il~eon p~.d ~n ivtl, bn inw~~nc~ m ~M u~wl •~.~d..d paK~ ~am. in a~wn •pwo~ed br tM MOR~G.~GEE. ~~+d w.nd~ro an~wa~c~ in ~M uwal s+u+d+.d pot.cy la~.?, in a swn ~pp.owd by tM MORTW?GEE. in wcl~ company a ca++p~n~~s a ~M MORIGAGEE in dw~c~j «+d all (N~ ~nd wirxbar~n inwrance Pak~ on +rw ol a~d build~nps„ ~ny inh~~~t d~e~n a pa.~ Uur~oi, in th~ pprsp~a w~+ ~la~s~~d in ~aceu ~he.~o/, sMll com~in ~M »wt ~~•nda~d maepap« clavs~ a~uch aha d~vw ~s IM Ma~y~9N n+~y rpu.r~. ~na?~~p ~h~ loa undcr ~•~d Pu ci~s. exh N+d ~w~Y. Wrabk ro~w! AAORIGAGEE ~ts in~eres~ may app~~?. ~nd ~ach w+d .v..y •uch po~~cr ?hatl b• p.ompuy ~u p~wd ~nd d~1w~.ed t any Mld by s~~d MORIGAGEE ~s fwti+sr securiry ~o s~~d ma~pa~ deb~. ~nd. na 1~+~ ~Mn t~n (101 days in ad~anc~ of ~he ~api~a~~on of ~ach polic~, ro d I~vN ro uid lNORiGAGEE a r~wai ~Mreof, top~~Fwr wi~h • rat~ipl fo~ ?M prNniwn of ~~ch re~ew~l; and th~rt sha11 b~ ro f~~~ or w~ndti+o~m ins~ranc ptapd on any of said buildinps. ~ny interesl ti+H~~n a p~rt thK~of, u~lass in ~M fam ~nd wi~h tM los~ payabl~ u•fa~taidj k+d in tM eYtn1 a~y ~w+ of nan~y becanp paYaW~ v~+d~ wch policy a polKits s~id MORTGAGEE ?hall Mw ~M oF~~on ~o recei~e and appty tM s~rn~ a+ xcovn~ of tM .i~+deb~ed n~u ftcu~ed haeby p 1o pNmil said MORiGAGORS ro ~tOeiv~ ir~ uN il Or ~ny pa~l Ihereol Iw othcr pur~~asrs. \Y~~hOJ~ Ih~rau/ wai.i,~g O~ unpdh irg a~y p~~ty, li~n a righl under w by virtw of ~his mortpa~t u~d in ~hs ~wr+~ u~d MORTGAGORS shall ta any reawn (~il to keep ~he s+~d p.~n~ses w iniured, d fail w deliver prompNy a~y of iaid po~ities of iniu~~nc~ ro aa~d MORTGAGEE, p fai! promptly to pay fully any prcmium ti~erelp a in a~y roiped tait b pafaen, diuharge, e~eecute, e(fecr, compl~t~, comply with u~d ~bidt by ~hw tow~+ant, a any psrt F+ereoi, said MQRTGAGEE m+y p~+ce +~d paY iw ~ucl~ inwranc~ or any part tF?~reaf without waivirg w~ffactinp ~ny optio~, li~n. eqvity. w ~~yht unde~ or by virlw of ehis Mat9ap~. and fhe full amoun~ oi ~ach and eve.y such payment ihall be immediately dw +nd p~y+bl~ ~nd sMll bear interei~ irom the date thcraof until paid +t tM rat~ of nint per centum per annum and to~ethe~ with suth iNerest thall be secured by flw IiM o1 this mort9pe. 1. To pe~mil, commit w s~f(a no wut~. impairmeM a deteriorafion of said property o~ any p+n thereof. S. 7o pay +11 snd singulr the costs, cha~~es and sxpenses, includinp a re~sonabk +ttwney i(ee and coits oF ~bstracts of titta, incur~ad w pa~d +t any time by said MORTGAGfE, betause a in the evsnt of the failura on th~ pa?1 of tM ssid MORTGAGOR to duly, promptly ~nd fully perfwm, d~xhargt. rxecute, eHecf, compkte, comply with ana ab:de by e.ati ~nd every the stipulations, ~greements, ca+ditions, and covenann of said p~om~ssory note and ~hii mortysge any a ei~he~. and said costs, charges a~d expenses, each and ~very. sMll be immediately dve and payable: whether a nof there be norice d~ mand, attempt to colkd or suit per?d~n9; u~d tM fvll amovM of each and every svcl~ paymeot shall bear interest from the date tMreof until paid +t the rate of nine per centum per annum; and all said costs, cha~ges and expenses incurred w paid, together w~th such interest, shal) be aecured by the lien of thii matg~. 6. That in tM ~vent of any breach of this Matgsge or defaulr on the part of the MORTGAGOR, w(b) in the event any oF ss~d :vms of ma~ey herein referced to be oot promptly and fully paid within thirty (30) days next afte? the same severatly betome due and payable, without demand or ~otice, or in the eveM each and every ~he stipulations, agreer~nts, co~ditions and cover?~et; of sa~d promisswy no~e and th~i mortga9e ~ny w either are not iuly, prompHy and fully performed, d~uharged, executed, effected, compl~ted, compl~ed wi~h and abided by, then i~ either or any s~ch evem the said ag gregate sum memioned in said p~omiuory note then rarsi~iny unpaid, with intrest acuued, and all mo~eys secured hereby, shatl beconx due and pay- • able fwthwith, a tFxreafter, at the opt~on of said MORTGAGEE, ss fully and completely as if all of the said wms of money were wig~nally st~pulsted to be paid on such day, anything in said premissory note or in this Mwtgage to the contrary norwirhstanding; and thereupon w thereafter at the op+~o~ of said MORTGAGEE, without notice w demand, suit at law or in equity, tFKrefwe w thereafter beguo, may be prosecuted ss if all moneys secvred hereby had mat~red prior to its institution. ~ 7. That in the evenf that at the beginning of w at any time pending any wit upon this Mwtgage, or to foreclose it, or to refam it, or to enforce payment of any claims he~eunder, said MORTGAGEE shall apply to the Gourt having ju~isd~t~ion thereof for the appointment of s Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singvlar, includ~ng all and singula~ the income, profits, issues and ~evenues from wAatever sourte derived, each and every of which, it being expressly unde~stood, is hereby mortgaged as if specifically set fwth and desuibed in the graMing and hakxndum clauses hereof, and such Receiver shall have all the broad and effective funu~ons and powers in anywise entrusted by a Court to a Receiver, snd such appoimment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, s~ without nlference to the adequacy or inadeqwcy of the value of the p~operty mwtgaged or to the sotvency w insolvency o( said MORTGAGOR or the defendams, and that such rems, protits, income, iuues and revenues shatl be applied by such Receive~ according to the lien w equity of said MOR7GAGEE and the p~actice of such Court. ! ~ ' , 8. To dvly, promptly and fully perfwm, ~scharge, execute, eifect, complete, compiy with and ab~de by each and every the stipulations, agreemenis, conditions and covenaros in said promissory note and this mortgage set forth_ 9. That in the evem the ownership of the mortgaged premises, or any parf thereof, becomes vested in a person other ihan the MORTGAGOR, the MORTGAGEE, its succeuors and assigns, msy, witFw~t notice to the MORTGAOR, deal wifh such successor or successor in interest with reference to this mortgage and the debt hereby securcd in the same tnanner as with Nbrtgagor without in any way viliating or dischargirg the Mort9agors' liability herr unde? or upon the debt hereby secured_ No sale of the prem~ses hereby mortgaged and no forbearo~ce on ~he part o( the MORTGAGEE w its succeswn or assigns and no extension of the time fw the paymeM o( the debt hereby secured given by the MORTGAGEE or its successors or assigns, s~tiall operate to release, discharge, modify change or affect the orginal liab~lity of the MORTGAGOR herein, either i~ whole or in part. 10. It is specifically agreed that time is of the euence of this contra~t and that ~o waiver of a~y obligation hereunder w of the obligation sr cured hereby shali at any time thereafter be held to be s waivcv of the terms hereof a of the instrument secured herby. 11. In add~tioa to the forego:~g mo~thly payrtwnts of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addiiional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- i n9: - A-All real. property taxes levied w assessed agai~st the above desuibed real estate. j B-Premiums on fire and windstorm insurance as herein requ;red to be carried on the improveme~ri situate oo tF~e above described p?emises. ~ C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. { Mortgagee shall from time to time notify mortgagor in writing of the amount duQ and payable hereundrr and svch sum shall therevpon be due and ~ Fayable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem,ums, and mortgage guaranty insurance pramiums. _ ~ IN WtTNESS WHEREOF, the seid MORTGAGOR has hereunto set his hand and seal the day and year first afueiaid. . Sgned, Sealed and delivered in the presence of: sq ~ - a~ta Y ~ , =ee ~ - - ~ssNn STATE Of PLORIDA ~ ~ COUNTY OF SL • L11C~! ~ 1 Befwe me personally appea~ed Natal~~j.~k.~~ a tre~ d~a?l~r ~e F~.rrf~, to me well known snd known to me fo be the individval~ destribed in and who executed the fwe9oirg instrvment, and acknowledged befwe me that j1~e~r executed the same for tF~e pwposes fherein expressed. Ae~d~Mfe~sl~ ~0{Sfr~J~~il~ vpEw t 7lpRS1~ wld~fliwil! WtafalYil~iQfL~iY~9lrti~il~iiilY~andrpad.~~o~.~w~i~Jl~iMi1'l~1~l~~~wf~~7~f~~R~wF~1!!7!!lUle~7ai~Mq11l~~1lR~~1l.l1'7711'~~0101* ' Lii~Y~'~ ~041b~IfL14Y~SQ~riVlii~i.laPSttsioL~D~s-i~1l~asotarJ~b~r~aid~,+aha~ WITNE55 my hand snd official seal thii ~~eQ~ day o A=il A. D. 19 72 ~ ' ~ ~ Notsry Pub1' and f ~~~~~~to%~F~RlDA # LARGE ' My Commiuion expi Return To: . ' ~ MY_ COkI~}tSSIQN EXPIP,ES DEC. 29. 1975 ~end~d ihru Ocn~,M lasyr+ou.l/oderwrlteri Fint Feder~l Savi~gs b Loan Associatiw~ Of fort Pierce. ~ j , - , LEO AND itEC01tDE0 Fort Pierce, florida ~~,IVC~f (~`~(~Njr ~A, ' . P ~ ' ROGfR POITRAS ~ - ~ CLEitK Cii.GU1T COURT ~ % V'': RECORO YE°IFtEO _ ~ ~ ` This Instrument Prepared By Richatd K. Kay s ~t t~l 2 S6 PI~'ZZ "j : ~ ~ ~ ~ First Federal Savings 8. Loan Association l;. QJ: ;;~O~'~ ' . - ~ • of Fort Pierce ~ Flozida j~ Y - ~ ~'7930 lAT~ s . Checked B ~•,:.,i.~M~:.'~''`~' a~20i ~1857 ~ . c s..y _ _ _ - - - 3 r } X _ 3