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Home My WebLink About2511 . ~ 10 p~~c~ •nd conh~~u~lr \eep o~ rh~ b.,~ d~„~~ nuw a hc~eah~. ~~~w~~ on •a.d ~~~d ~~+d o~ cq..~p~.wa ~nd pe~w~~~t~ cor..ed b~ M.~ .na pe. w~~A ~11 p~~m~vn,f ~he~wn p~d ~e Ivft, ?:.e ~.~tM.~-,c• ,a fh~ ~~~,il ~r~~d~~d po t~ lo~m. ~~VT ~~po.~d tht MORtGAL'tf. •~~d M~~tih~o ~~~w~nc~ in ~M uw~l ~~.~,d•~d pu: cy la~n, ~n • wm ~Np,u.ed ~M lNORTQ/?GEE. ~n ~veA ca~pa.+r o~ co~p~roe~ ~M MORiGAGEE w~ (~nKlj ~nd dl In~ u+d w~m!?~a~m ~nsvr~n~e p~i~~c.e~ on •rr of ?ad b.,~~d~.`pa. •n~ imere~e eF~e~~,.~ a. N.e~wl. in Nv ~pp~c9~~~ wT daesa~d ~n •acest thereol, ~halJ conta,n ~h~ u~wl ?fa;~d.~d ma~paqe~ c~a„~~ a wcA o~he~ c~.~a ~t ~?~e Me~ty~9e~ m~y ~e~,.,.~, md~~,p ?nt ,o~f u~ u~d po c~e~. e~ch ~nd e~e~y. parab'~ to ~~~d MJRTGIGEE a~ ~r~ ~n~eirN m~~ ~pWN. ~nd eu~ •~d •vcry ~vch pa ~c~ ~Mt1 3e p~w.~p~~~ ~uq~rd •~d M+,ve.ed • •ny held by u~d MORIGAGff ~s /vrhe~ secur~ry ?o ~~~d +T:asq~Q~ debt. •~xf, no~ !en tMn q~~ ~1m ds:• in ~d~~~.ce o~ tM e¦p~~~~~o~ al e~ch po~~ty. ~o d~ t,ve~ fo t~d MORiGAGEE • r~newal therepf. toq~~F~ weh • rece~yt la the p?~~nwm of sucA ~c~+e~wa~: and ~he~t shail be no Lte or w~"d+~e~~n ~ns~unc pl~ced on ~ny of u~d b.,1ld~~gs. ~~y interef~ therr~~ a part ~hereof. un~ess i~ rhe form •~d w~rh rM ~ou p~y~b1~ as ~fa~~~~d: and ~n the •Y~nt •ny wn of mon~y ba~comea paraGle ur+der ~~c~+ policY Pol~~ps w~ N~ORTGAGEE tA~ll hav~ ~he oNt,on ro~ecr~~e •~~d apN:Y ~hs w~~ro on accwn~ ol ~he ~~~drl,~.d r.rss sewred hereby a b permit s~,d MORiGAGORS lo recr~ve and uN it p any part tne:col fo. o:n~r ~u~~ os~•s. ...rno..t rh~•,.~: ,v..,.~,,~ :r ~•~,p~~. ~ {ng sny equ~t~, lien or rigM uode~ a by vireue o+ this mor~p~pe: ~nd in th~ evem sald MORTGA(',ORS tha!1 !w any reawn (ail to kceP the t~~d p~emi~rt w ~ ~nsv.ed, w b~l ro de?~„e. prw„P~ty +ny of said polKtes of insurance ~o sa~d MORiGAGEE, a fai: promptly to pay fu~ly any pre~+~wm ~herefw w in a~y +espact iail to perfpm, dncharge, execute, eftect, comple~e, comply wirh ~nd ab~de by th~• tove~an~, w•ny part he~eoi, sa~d MIrRiG.4GEE may p~~ce +~o ~ pav ior iuch insur•r?ce or ~ny part ~hereof wi~hout waivinp or alfec~inp any op~ion. Gen, puny, w ~~qht unde~ w by virew ol ~h~s Ma~9ape. a~d ~he i IuU amoun~ of each and ~very iuch paymem zh~ll be immed~arely dw ~nd payabN and ~haU bear ;nrerest frer,t ths dare the~eof unril pald ~f ~F+~ ra~~ ol ~ ~~~e per «~r„m per annum and ~o~e~he~ w~th such inte~ese shau be srcwed by tM IiM o1 Ihif ~t9~ye. To permit, commit a sufie~ ~o waste, impai~ment w deteraration of said p~ope~ty w any part thereof, 5. To pay all and sinpular the costs, charfles and expenus, includiny a reasonable attorney i tee and cost~ of abs?rads of title, i~cur.ed p pa~d at ~ a~y time by uid MORiGAGEE, because or in 1he event of tha fa~lure on the part ot the said MORiGAGOR !o duly, p~omptly ~nd futly perform, d~xhsrge. execute, effecf, complefe, comply w~th and ab:de by each and every the stipulaf~ons, agreen,ents. conditions, ~nd covenants of said prcmissory note and thif mortgage a~y w ei~her, and said costs, charges and expe~ses, each and every, sMll be immediately due a~d payabte; whefhe? p nor there be no~~ce d~ mand, attempt to cotlett or wit pcnd~ng; and the full airaunt oi each and e~ery such payment shall bcs. interest t~om the date thereof until paid al the r:,+e o~ nine pe~ centum per annu:n; anc! aU said costs, charges and expenses iocurred w paid, together w~th such iMCrest, shatl be setured by the {~en of lhis mortgsge, Q Tha~ (a) in the eve~f of ~~y breach of this Morrgage or defaul? on fhe part of !he MORTGAGOR, w(b) in t1+~ eve+~t any of ssid svms of money herein ~eferred to be nol promptly and fully paid within thirty (30) days nex~ attcr the same severa!ly become due and payable, withou~ de~+and w notite, 4 or (c) in the event each and every ~he stipulations, agrecmeros, conditio~~s and covenants of sa:d promissory note and lh~s mor~yage any w eithe? are nW ivly, prpnptly and fully perfamrd, d~scharged, executed, effected, completed, comp!ied with and abided 5y, fhen in either a any such event the said sg- ~reyate sum memioned in said promissory note then remainirg unpa~d, with imerest accrved, and all moneys secured hereby, shali become dvs and pay- ab~e fort6w~th, w thereafter, at the option of said MORTGAGFE, as fully and completely as ii al{ of the said sums of money were origii?ally ttipulated to be paid on such day, anylhing in sa~d promisswy ~ote or in this Mortgage to the contrary notw~thstanding; and thereupon ot thereafter at ~he op~~on of sa~d MORTGAGEE, without notice w demand, suit at law or in equity, therefore or thereafeer begun, may be proxcuted as if ~II moneys setured hereby had matured pna to its institution. ' 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to fo~eclou it, w to reform it, w to enforce . payment of any claims hereunder, said MORTGAGEc shall apply to the Cour~ having jur~sd~cfion thereof for the appo~ntmeM ot s Rece;ver, such Courf shall forrhwith appoint a receiver of said mortgaged property a!1 and singular, includ~ng aIl and singular the income, profits, iuues and revenues from whatever source derived, each and every of wh~ch, it being expressty unders~ood, is hereby mor~gaged as if speufically set fath and desuibed in the granring and ~ habendum clauses hereof, and such Receiver shall have all the baoad and effective funct.ons a~d powers in anywise entrusted by a Court to a Receiver, and s~.ch appointment shall be made by such Court as an admined eq~ity a~d a matter of absolute r'~ght to said MORTGAGEE, and without teferente to the adequacy a inadequaq of the value of the property mortgaged or to the so~vency or insolvency of said MORTGAGOR o~ 1he defendants, and that such rerns, proleri, income, iuues and revenues shall be applied by such Reteiver accord~ng to the lien w equity of said MORiGAGEE and the practice of such Court. 8_ To duly, promptly and fully perform, discharge, execute, effect, comptete, comply w~th and abide by each and every the stipulations, agree:nenis, canditions and covenants in sa~d promisswy note and this mortgage set forth. 9. That in the event the a+vnership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, its succeuws and auig~s, may, without notice to the MORTGAOR, deal with such successw or successor in interest with refere~uce to this mortgage and the debt hereby secured in the same manne~ as with Mortgagor without in any way vitiating o? dixha~ging the Mortgagors' liability herr under or upon the debt F?ereby secured. No sale of the premius hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors o? auigns, atiall operate to release, diuharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or~ in part. 10. It is specificalty agreed that time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- c~red hertby shall at any time thereafter be he!d to be a waiver of the terms hereof or of the insr~ument secured herby. 11. In add~tio~ to the forego"ng monthty payments of princ pal artd interest requ;red b/ the promissory note secured hereby, mortgagor covenants . and agrees to pay to mo:tgagee w:th each month(y payrnem an add~rional sum esi~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against thn above desaihed real estate. B-Premiums on fire and wirxJsrorm insu~ance as herein requ:red to be carried on the improveme~ts situate on the above destribed premises_ C-Premiums on such morlgage guaranty insura~~ce as mortgagee shall from t~me to time deem fit to carry on the ban setured hereby. t Mortgagee shall 4rom time to time notify mortgagor in writing of the amount d~e and payabSe hereundrr and such sum sFwfl tF~ereupon be due and ~ ~ F ayable on the due oate of ihe next month:y payment and each successive month thereaft~r ur.til mortgagee shall notify mortgagor of a change in such a nount. Such sums shall be applied by mortgagee soward the payment of real property taxes, insurance prem:ums, a~id mort ge guaraniy insurance premiums. ~ IN WiTNf55 WHEREOF, the said RTGAGOR has hereunto xt his hand and seal the day and y r first aforesaid. ! Signed, Sealed and ed in presence of: . an f Hef 1 e } , ; _ ~ R H f,f _a~ ` ~ 57ATE OF FLORIDA ~ ` ' COUtJiY OF • $t • Luc ie ~ ' ~ Leon B. Heffelfin er Befo~e rrK pe~sonally a ared 9 a~ # ~ 1{elen R. Heffel~i~I1~QY his wife, to me wefl known snd known fo me to be t the indiriduals desvibed in and who executed the foregoirg instrument, and acknowledged before me that they executed the same for.nie pucposes f , rherein expressed. And the said Helen R. Heffe2finger ~ ~ t:: ~ Heffelf in r ~'=r''~ ~ wife of the said _~OII B• J@ . vpon ~•_.aep~r~q ~11d~ a~`" examinat~on by me taken separate and apart from her said husband, ackrawledged to and before me that she exetuted sai initru~ti?.frtit}~'.~ volun- ranly and w~thout any compulsion, constroint, appre i,{~ fesr of or from Fxr said hv ~ • ; WITNESS my hand and official seal thi day of p, ~y~: _ _ No ry Pub~ic in snd w State of FpF~d~,~t Lu~s-:. " ' M Commission expires. • • . Return To: -;i:.~ f fsr:~~~A f~-~'f~ r-. First federa! Saving• b loan As ~ ^ 2 1~'6'' _ sociation FnY' ~ ~~li. ~~,"~T Z } Of Fort Pferce. --.Vrec,.~ tti_....:V~•. • . . Fort Pirrte, Florida ' ~ECOaote f~~EO ~"D ZY ~~A' C1E COUN st.t11 p01ZAAS ` ~ This Instrument Prepared By= John Y~. COllirls RK CU~ ~OURT First Federal Savings & Loan Association ~L~~ ~~R~FIED of Fort Pierce ~ Flarida 33450 Rf.CO 1S PM ~12 Checked By ~ ' ~ ~a~ ~ ~0~201.~~2508 ; R f ; - - - 3~ v;~ " ~