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Home My WebLink About2840 To pt~q ~nd con~inuousty k~ep on ~M b~ri'd~np~ ~ow a IKr~a1~« wtwN w s~id I~rd ~~d oe~ dl eqv~n~ u+d p~ew~+~lly cownd by thi~ n.or y~. w~rh ~11 pra.~wrM ~Mr~on p~~d in 1uf1, tir~ inw.~nc~ ie eAe u~wl u~rdad polity form„ M• fwn ~pp~owd by ~h~ MORtGAGEE. ~nd w~ndNo kuwu~ In tM ~~wl ~undard pol,cy fam. i~ • wm ~pprov~d by ~M MORiGAGEE, ie~ wcA canpany o~ compani~s q/M N10RTGAGEE n~ di~Klj ~e~d df ik~ and w~a~m i.?~vranu po1Ka~ on any ot said b~iid~npw any te+N~nt ther~in w paf tha~of, !n tM apprp~~~ wm afw~~aW 1n ~xuss ~Mreol. ~l?a11 con?~in ~M ~swl s~andud monya~ claus~ o~ wch ahN clws~ u tiw Matp~ rn~y rpu~r~. ma?inp ~h~ 10~ undM s~d po c»s. e+cA ud ~w~y. p~Y~b~e ro said MORTGAGEE in in~crss~ may app~ar. ~nd e~cl+ and ~w.Y ~uch poiKy a!~rll b~ promp~ly ~ss yned and d~4v~.~d ~ •ny Mld by wid MORiGAGEE as fu.rlwr securiry ro said mort9ap~ ckb~. ~nd, nw ba ~Mn ~~n (10) days in ~dvanc~ of ~h~ ~xpii~tion of ~uh policy, to d~ livK ro~aid MORTGAGEE •.er~wd th~rwf, top~~lw wirh • r~uip~ for ~M prKniwn of avcl~ nnewal; and ~her~ ~MII b~ no fir~ a wi~ds~wm i~swae~c pl~d on ~ny of said buildinps. ~ny intK~st tMr~ia or part th~reol. unl~u in rh~ form ~nd with tM los~ payibl~ u afor~Nid~ and in tht ~ve~t ~~y iun of nan~y becorn~s payabl~ vnda such policy or polici~s s~id MORTGAGEE ~hall haw ~M op~~a+ to receive and apply tM same or? accoun~ of th~ ind~bted ness seturtd M~eby or p parmif said MORTGAGOR$ ro rettive and uk il or any parl fhereo( fa otFx~~ purposei. wi~hout tAr.~o~ waivuig o~ ~n,p~i. iny a~y pv~y, iie~ w riqhf unda or by virtw of tbis mo:t~aye; u?d in tM ~ve~t sa~d lNORTGAGORS shaU fa any rtawn fail ro kaep tM satd•premises w insured, a f~U b deliver promptly ~ny ot said policies of insw~nu to uid MORivAGEE. or fail prompHy to p+y fully any premium therefo~ o~ in ~nY respect 1~i1 b pKfpm,, d~scharg~, execvte, ~ftM, comptN~, compty wirh u~d abid~ by ?his cove~ant, p a+~y part lurwf, said MORiGAGEE m+y pl~p •~,d paY fw avch imwanc~ a ~ny part the.eof w~rhou~ waivirg or ~ffectinp any option, li~n, puity, or ri~M unde. a by virtw of ~his Mw~p+pa. and tM full ~movM of tach ~nd ~v~ry such paymem shall.be imm~dutely dw and p~yabl~ ~nd iMll b~a~ inta~st irom ths d~q thcteof vnte! peid ~t tM r~tt ol nins pet centum pK armum and togNher witi~ suth interesr sF+~ll be secured by tM lien of this mat~s~e. I. To pamit, commit or suffer no wut~, imp~irment or deterioratan of iaid property or ~ny p~rt thereof. ~ 5. To pay ~II ~nd sinpulu the cwts, ch~rpes u~d expsnse~, includirg s reasonabb ~naney i fee snd cous of ~bstr~cfs of titl~, i~cvr.ed w paid ~t sny time by said MORTGAGEE, becavse o~ in the ev.:! of the fail~re o~ the part of ~M ~sid MORiGAGOR ro duly, promptly and fully perform, d~xhar~ execvte, effect, tomptete, comply w;th and abide by each and every the itipulations, aq~ments, tondi~aro, ar~d tover?~nri oi said promissory ~ote and thw mo.tgape sny w ei~her. and a~d coab, charges and expenses, each ~nd ~very, ihall b~ imrnedi~tely dw and payabls; whether or not there b~ r+otice ds mand, ~ttcmpt to cotkct or iutt pend~ny; and tM fvl! arnw~nt of each and every wch p+ymeot sMtl bear intcreil from the date thereof until p~id at the rate of nine per cenwm per annum; and aU said costi, c.harges and expenses incwred or paid, together with tuch interest, ~hall bt secured by the lien of thif mortpags. ~ 6. That (a) in ths event ~of ~ny ixeach of this MortgaQ~ or detavlt on tM psrt of the MORTGAGOR, w(b) in tM event any of said swna of ma+ey herein referred to be not p?omptly and fully paid within thirty (30) days next afte? the sune sevNaily become d~e and piy~bk, without demsnd w notite, . or (c) in the event each and every the stipulatioos, sgreements, cond~tans a~d cove~snts oi satd promiuwy nore and th~s mortgaQe any a eiths~ ue no1 iuty. promptly and fully performed, d;schsrged, executad, effected, completed. complied with and ~bided by, then in either or any tvch evar~t 1M said ag gregate wm mentia+ed ie said promiuo?y rate then remaining unpaid, with i~terest atuued, and atl rraneys secured hereby, sh~ll betort?e dw snd pay- able forthwith, or theresfter, at the option of said MORiGAGEE, aa fully and completely as ii all of the said wms of money were apinally stipulaled to be paid on such day, anything in said promissory note w in thia Mortgage to the ca~~:ary ~otwithstanding; a~d thereupon or thereafter at the optio~ of said MORTGAGEE, without notice w demsnd, wit at law or in equity, the~efore or thereafter begun, may be prosecWed as if ~11 mwrcys secwad hereby had matured ,ptwt to iri institution. 7. That in the event that at fhe begin~~ng of or ~t any time pe~ding any suit upon this Mo.tgage, or to foreclose it, or to reform if, or ro enforc~ payment of any claims hereunder, said MORTGAGEE shall appfy to tlx Court having jurisdiction thereof fa the ~ppointment of a Reteive~, such Co~?1 shall fo?thwith appoirtl a receiver of said mortgsged property all and singula~, includ~ng all a~ singular the income, profits, asues ~nd rwenves from whatever source derived, ~ach snd every of which, it being expressly undentood, ia F+ereby mortgaged as if specifically set fwth and described in the granting and habendum clauses hereof, and such Qeceiver shaH have all the broad and cifective funct;ons and powen in anywise emrusted by a Court ro ~ Receiver, ~nd such appointmeM shall be made by such Court as an admitted equity and a matter of absolWe ri9ht to said MORTGAGEE, ~nd withovt ~eference to the adequacy a insdequacy of the value of the proper'ty rtwrfgaged or to the so?vency w insotvency. of qid AAORTGAGpR or the defendants, and that such rema, profib, incane, iuues and revenues thall be applied by itltFl RKOiVN KCOffIi~ ~O tI1Q IIM Of equify of said MORTGAGEE snd the practic~ of sucA COYf1. 8. To d~ly, promptly ar+d fully perform, dixharge, execute, effect, complete, comply with a~d abide by each and every the stipulatio~s, agreemere», conditions and wvenants in said promissory note and this mortgage set forth. 9. TF~at in the event the ownenhip of the moAgaged premises, or amr part thereof, becomes vested in a penon other tFwn the MORTGAGOR, the lMIORTGAGEE, iri successors and augns, may, without notice to the MORTGAOR, deal with such sutceuor w succesw~ in intarest with refere~ce to this mo.tgege and the debt hereby secured in the same manner as with Mottgagor without in any way vitiating or diuharging the Matgagon' liability F?err under or upon the debt hereby secured. No ssle of the premises hereby mortgaged and no forbearance on 1he part of the MORTGAGEE or its successws or auigns snd no extension of the time fa the payrn~m of the debt hereby secured given by the lNORTGAGEE o? its succrssors ot assigns, shsll operate to release, dixharge, rtwdify thange-or affect the orig;nal liability of ~he MpRTGAGOR herein, eiti~er in whole w in part. 10. It is spac;fically agreed that time is of the easence of this cont~act snd thst no waiver of any obliqatan F~ere~nder w of the obligaYan se- c~red hereby shall at any time thereafte~ be held ro be a waiver of the terms hereof w of the inswment secured hcrby. 11. In add~tion to the fwego:ng awnthty payments of princ'pal and inrerest required by the promiuo~y note secured hereby, mortgagw covenants and agrees to pay to mortgagee with each monthly payrnent an addi~ional sum estimated by mortgagea to be equal to 1 f 12 of the annual cost of the follow- ingc , ' ' A-All real property taxes levied w auessed againsf the above described real estate. 6-Premiums on f;re and windstorm insurance as herein requ~?ed to be ca?ried on the improveme~ts situate on the above destribed premises. C-Premiums on such mwtgage guaranty insurarKe as mortgagee shall from time to time deem fit to carry o~ the ban secured hereby. Mortgagee shail from time to time notify mortgagor in writing of tFx amount due antl payab~e_heieunder and suth sum shall thereupon be due and payable on the due date .of the next monfhiy payment and each successive month tkereafter ur,til mortgagee shall notify mortgagor of a change in s~ch amounf. Such sums sF.al) be applied by mortgagee toward the payment of real property taxes, i~surante prem:ums, and mwigage guaranty irtwrance premiums. , tN Y~ITNESS WHERfOF, the said MORTGAGOR has herevnto set his hand and seal the day ar?d yesr first sforesaid. Sipnetl, Se~led and delivered in the pr~sence of: ` ~ ~ Edna ~aye ezdes ~n ~-n STATE Of FLORIOA ~ COUNTYOF $t. LL~C1@ Before me pe~sonally appesred Edna Fave Geerde s, a single ~ ~Ot~lfs„ to me welt known and known M me to bs the individw~ described in snd wtw executed the foregoirg instrument, and scknowledged before me tF?at 8~e~exatvted the same (o~ t}N-,rurposp t~. : , therein expresxd. ~1n~~~~ __~r ~i'atl~9F~qi+~ ~ , i,erh, - . i ~ e:~m3~~s~ds~cs~ouir~apaR~toa~lr~si~~w~llii~~¢l~~i~~fS~~+~eahi~~ex'ecv~__ - asr~)os~d~oOtseg=C1apOM01rr~7R111~i~A1RAii1F=dF~diFBF'"-dFa~~r~idi~si~IG?~ina. : ; ~~.'w*'•f, " WITNESS my hand and official seal thi: ~ . . ~ • ~ .,~j,'Z- ' •C Y ~ _ INa c ~ ~ D.~9 ~ ' ~ • f V - ? \ • Notsry Public i~ and for t tat~ ' ~ " ~ My Cornmission expires: ~ " • Return To: ~GJg: ~ . ~ ~ ~ - ~ fint Federal Savings 3 Losn Auociat'wn • '.i J,~ Of Fort Pierce. ~~';'~.~j~1R Fort Pierce. Florida e ; ~ ~ f~lEO AN~ RfC4R~~ s~ ROCER f0 j AS This Instrument Prepared By John W. Collins ti~ E RyEaif ED C~~j First Federal Savings b loan Association RECORO of Fort Pierce ~ F lor i da ~ 3 i2 Checked By ~ BOOK~ - ~ 3 € '44*a _ _ _ . ,s„~ ~ ~ sa.~"' . ~ ~+k ~'„~`c'~,~,+U.*~*'? . ~ : .