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Home My WebLink About2846 i To pl.a u~d ca+~i~uovsl~ k•.p on ~M bu~'•d~nps now a Mr~ai~K ~i~vab ~w N~d land ar+d on ~11 puipn~n~ a~d pKwnaHy covNed btt thi~ nwr p~. wi~h ~11 pr~miwn~ tM.wn p~~d in tult, fin tntw~nc~ in ~At v~wl sand~.d policy (wm, in • w~n appowd by th~ MOR~GAGEE. a~+d windsw inswanp M ~h~ wwl ~~u~dud poi~q ia~n, in • avm ~pxov~d by tM MORT(~1GEE, in wcA comp+ny a ca+zpanles ~ N» MORTfsI?GEE w~ I~iIKt~ ~1~ ~1t~ ~ Wi11~IW~11 iMVt~AC! pO~KiN p1 Nly Of Nid ~bit~l,. Mly kftNNf IhHtin W p?} /AN10I, bl /~1! ~~rt9~N WM1 ~~W~Nid ~o ~xcra tM.~o% at?dl conuin fM uw+l s~andud ma~~pN claus~ a wch alw. clws~ ~s rM 11Aor~pape~ may rpvu~. ma~inp ~M Iws und~r ~ad po ue+. tach and ~vKy. paY~bl~ ro~id MORTGAGEE a in ie~er„~ maY ~pp~ar. ~nd tach ~nd ~w.y sech polici ~hait b~ promprty aa.9ned and dNivered ~ any Mld by s~id MpRTGAGfE ~s twrha s~cv.iry to uid mp/pap~ dtbt, ~nd, ~w1 I~si ~han 1~n (10) d+ys in ~dv~oc~ of ~M ~xplr~Non o! ~Kh pOlity, to d~ livw to said MQRtGI~GEE • rtewwal tMr~of, 1op~ttMr with • r~t~ipt for tM pr~miwn of weA ~e?~w~l; ~nd 11?N~ ~ha11 b~ no fa~ « w~~dstam insvranc plaud on ~,hr of said b~ildirgs, any int~rest thK~in w put tM.w/, ve~l~ss 1~ tM form u~d wieh ~F~ bss pay~bl~ as ela~uWr ~~d ~n th~ ~v~nt ~ny sue of nqn~y b~cprwt payabl~ unda wch policy p polici~f said MORTGAGEE shall haw ~M optio~ to receive and apply tM s~m~ an ~ccounl of tM ind~btad neu secvr~d h~t~py q b ptrmit said N1pRTGAGORS to ~eCeiv~ and uf! if Or any parl thereof fa o7hcr pu~poses, .vichout fhsreo~ waivi~~g o~ unpair• ~n9 anY pvity. li~n or ri9ht wKl~~ or by vbtw of tAts morsyspr, ~nd in ~h~ ~wr?f wid MORTGAGORS sMll fa any ~~ason fail to ke~p ~M said prani~es w insu~ed, o~ f~il b dNiwr promptly ~ny of said policies of insur~nc~ Io said N10itTGAGEE. a fail promptly to pay fully any premium therefor w in any = respatl fail 1O pNiwny disthuy~, ~x~tvte, ~ffett, complets, tomply with and ~bid~ by this cov~nant, p ~ny part he~eof, said MORTGAGEE may pl~ce •nd ~ psY fw sud~ inwranc~ w ~ny part thsreof without vraivinp a affectinq ~ny oplion, li~~, puity. w riph~ und~r o~ by virtw of this Mat~spe, ~nd tM full snw~nt of ~ach and ~very such payment sh+ll b~ imn«li~tely dw ~nd p~yabl~ and shaU besr interest irom ~hs date thsreof v~til paid it tM rats ol = n~ne per cwuvm p~? annum aod together with iuch imerest slw11 bs aecured by tM 1'~n of this matype. 1. To p~m~it cort~mit or wffer no wut~, impai~ment w deteraration of taid ! prope~ty or any put therwf. ' 5. To pay ~II and uegular the cosri, cMrge~ ~nd expenses, includiny a reaso~sbk +ttorney's fes and oosts of sbstr~cri of tifle. incv~red w p~id ~t any time 6y said MORTGAGEE, beca~ie w in the eva.~t of the failure o~ tha pa?t of the said MORTGAGOR to dvly, p~ompdy and fully pKiwm, d~uharg~, execute, effstt. complete, tomply with and ab;de by sach and every the ttipulatio~u, aqree+nents, condilioru, •nd covenann of said promiuwy ~ote and this mor~g~ge aMr w eithe~. and said cosy, cM~ges and expenses, each and every, sh~ll b~ immediaroly dw and payable: whether o~ not there be norKe dr mand, attempt ro colkci p wit p~nding; and ths fvl! artaunt of cuh and every such p~yrt?ent shall bea interest from the dafe tfis~eof until psid at the rafe of nine per centum per am~um; and all said costs. charges and ex,~enses incu~red w paid, together with tuch ir.leresL sMll b~ secured by the liee~ of thu mprt9s9e. . 6. Tfat in the event of any bre~ch ot this AAortgagt w defavlt on tM parf of ths MORTGAGOR, or (b) in the eveet any of said sums of ma~ey he?ein refared to be not promp~ly and fully psid within thi~ty (30) days next ~fter the sams severally become dw and payable, withoul demand or ootite, or in the.eve~t each and every Ihe stipulations, agreemcnts, conditans and coven~nn of sa:d promissory nots and th~s mwtQage any w either are nol ~uly, prpnprly and fully perfamed, dixharged, exec~ted. effected, compkted. complied wi~h ~nd abided by, then in either w ~ny such event tlw said ay~ gregate wm mcntioned in said promissory note then remsining vnpaid, with interest acuved, and a1t mooeys secured hereby, sMd become dve and pay~ able fathwith, or tl?ereaiter, at the opt~on of said MORTGAGEE, as fufly and completely as if all of the said wms of money were origiMtly stipulated ro be paid on wch day,.anything in said promissory note w in this Mwtgage ro the cwUrory notwiths~anding; and thereupoe a thereafter at the op~ion of said MORTGAGEE, wirhout notite o~ demand, svit at taw or in equity, there(we or thereafrer be9un, may be prosecuted ss it all nwneys securtd hereby had matu?ed p~wr to its i~utitution. , 7. TMt in the event that at the bcginning of or st sny tune pending ~ny suit upo~+ thb~bitgsgi,=~1o f~re~loie if; w flf~~efwm it, or to e~forc~ payment of any claims Aereunder, said N?ORTGAGEE shall apply to the Court i?aving jurisdiction thereof:lO~~fN ~pj~ihtrne~t of a Reteirer, such Court shall forrhwith appoiM a receives of ssid mortgaged property all and singu~ar, includ~ng all a 1 • ~ iu and. Tevenues from whatever _ 3C~ ~'SI ~ t1._ 'M source derived, each and every of which, it being expresaly undaslood, is Fxreby mor a Y~s~1 fony .y~! ~ in the ranti and habendum clauses hereof, and st?th Receiver shall have al! the b~oad and effettive furxltle~~ ~ v'rs ifi'yws~s, ~M~~(~~"y 3~~ a~Q!~j to a Reseive~r, and such appointment ihall be made by such Court as ~n admitted eq~ity and a rtytter of la'~sd11iM ~ight to said MOltIGApE~~~~rbt~ffbtiit reference to the adeq~acy or insdequacy of the value of the property mwtgaged w fo tfie soMency or insotvency of said AAORTGAGOR or the defendants, and that svch rents, proli», income, issues and revenues shall lx applied by such Receiver accwding to the lien o? equiry of said N10RTGA6EE and 1he practice of such Court. 8. To duty, promp~ly aod fully perfwm, discharge, execute, effect~ complete, compty with snd abide by exh and every ths stipvlatior~, agreemenn, conditions and covenants in said promissory note and thi~. mortgsge set fath. ~ t 9. That in the eveM the ownenhip of the mo?tgaged premises, or any part thereof, becomes vested in s person other than the MORiGAGOR, fhe ~ MORTGAGEE, its successws and auigns, may, without notice to the MORTGAOR, deal with such succeuor or sutcessor in ir,terest with reference to this ` morigage end the debt hereby secured io the same manner as wirh Nbrtgagw withovt in any way vitiating a dixharging the Mortgagon' liability FKre- f unde~ or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of fhe MORTGAGEE w its successors or auigns and no extension of the time fat the payment of fhe debt hereby secured given by the MORTGAGEE or its successws or auigns, shall operate ~o rekase, discharge, modify change or affect the wiginal liab~lity of the MORTGAGOR herein, eitixr in whole w io part. 10. It a spec:fically~ agreed that time is of the essence of this contr~ct and that no waiver of any obligatiw~ hereunder or of the obl'gaYwn se- cured heteby shall at any tune thereafter be held to be a waiver of tht terms hereof a o~ the instrument tecvred herby. 11. In additia~ to the forego:ng monthly payments of princ'pal and i~terest required by the prom;ssory np?e secured hereby, mortgagor coverwnts and agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimated by mortgagee to be eqwl to 1/12 of the annual cost of the follow- ing: . , A-AII ~eal property taxgs kvied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried o~ the improveme~ts situate on the above descrit~ed premises, C-Premiums on such mortgage guaranty insurarce as mortgagee shsll from time to time deem fit !o carry on the loan secured hereby. Mortgsgee shall from time to Ym~e notify mortgagor in writing of the amount due and payable hereunder and such sum aFwO ihe~eupw~ be due and payable on the dve date of the next monthly F:aymen~ and each successive montb tF~e~eafter ur.til mortgagee shatl notify mortgagor of a change in such amount. $uch sum: sF.all be appiied by mortgagee toward the paymeM of real property taxes, insu~ance prem:ums, and mortgage guaranty insurance premiums. IN WiTNE55 WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and yN~ fint aforesaid. ~ Siyeed, ed and delivered in fhc pr of: • -IP ~ rian . ~a r n ~ ' Y. - •n ~ G/ a~ a . c ar ~ STATE OF FLORIDA ~ COUNTY Of $t • I.L1C 1Q ~ 8efore me persona!!y appeared Brian K. ~'IcCarty, III ~ DaliYlld G. MeCa rty his wife, to me well knowh and known to me to be ~ the individuals desuibed in and who executed the foregoirg instrument, and acknowledge~ before me that they executed the same fw the p~rposes rherein expressed. And the sa~ ~~a G.MCCa?~cty W~re of ttb sa~d Brian K. McCarty „p~„ ~,~.?;~:~r,d,pm,» [ examinstion by me taken separote and apart from her said hwba~d, ~dcnowledged to and befo~e me 1F~t she execvted said inthvm~ptL.~~- pluo- rar;ly and withovt any compulian, constraint, apprehension, or fear of or from her said husband. , WITNESS my hand snd officisl seal this 2pd ~yy of Ma - p.'.~~'~, . i~ . - • ; Not~ry Pubfic in ~~d t a~f ~l,~p~ My Commission ucpir ~ ' • Return To- ~ % ~ , ry 1. : ' A Fint Federal Ssvingt loan Association - ~''~2'~ : + Of Fort Prerce. ' 'r~: ! Fo?t Pierce, Florida ~ e~~ iT.luC{E C UM Yj , ,'",.J ,~t~?iN~'~`,~~ , ROGER FOttitA= ~ CIERK CIRCUII COi1~T This Instrument Prepared By Richard R. Kayes RECORO VER~FIEO First rederal Savings b Loan Association - ~O ~u 1~~ of Fort Pierce , Florida Checked By ~ B00 c ~V~ PA~f ~ ~ ~ ~ 4^ . , - - ~ . - - y~ ; , . . - -