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Home My WebLink About0258 3. To plxe +nd conti~~ou~ly keep oe~ 1FK buitdin~i now a MreaftK sitv+t~ on said land and on sli equipment ~nd personalty covKed by lhis mor +p~, with all pr~m'r~ms thereo~ pa~d in full. f~rt inwrancs in ~hs v~u~i s~and~rd pot~cy fwm, In • tum app~owd by 1M AI1aRTGAGEE, and windsto inwra~ct i~ fl~e viwl standard polity fo~m, In ~ ~um approved by tM MORTGAGEE, in wch company a tompanies q IM MORTGAGEE m di?adr and ail fir~ ~nd wlr~twm insu~ana policies on any of aid buildinps, ~ny inte~~it. IM+ein w parl 1l~e~wl, in ths apy~eqats w+n tfor~said 4 in saass the?eof, sh~ll contain th~ uswl standard mongaQae clwse a such o~Fw~ cla~ss a tM Morlpage~ may rpu~n. m+kinp tM lau undK sa~d po i ciss, each and every, p~ysbl~ to said ARORTGAGEE is iq in~cvest m~y app~a?, and each u?d ~very svch policy shall b~ promptly aas:pned a~d delivKed ~ 1 any Mld by said MORTGAGEE as further kcuriry to ssid mwtysg~ debt, snd. nor I~ss than t~n p0) days ln advanct of tM ~xpir~fion of ~ach policy. ro d~ liva ro said MORTGAGEE • renawsl the~wf, fop~ther with a retsipt for the pr~miwn of such renewal; a:~d then shall b~ no firs w wind~tam intura~c pl~ud on •nr of said buildlr?ys. ~oy interesl fMrei~ or part tM~~of, ve~less In tM fwm ~~d wi~h tl+~ toas payable a aforesaids and Fn ~he ewnt a~y svn of money becomes payable u~ such palicy a policiss said MURTGAGEE sMll I+~w ~M opfan ro ~eceive and apply tM sam~ on account of tM ii+deb~ed neu setured hereby w b petmil said MORTGAGORS ro roceiw ~nd us~ h or any part therMf for othc~ purposes, without th:reb/ waivi~y a~mpair iry any equity, lien a ri9M unde? a by virtw of this mortqa~a; and in th~ event tsid 1NORiGAGORS shall fa ~ny reason fail to ka~p the s~id pr~m'~ses so inswed, a fail b tklive~ promptly any of s+id poliNes of inwr~ncs to Nid MORTGAGEE. or fail promptly to pay fully any premium therefw or in a~y resp~ct f~il b pafwm, d~xharge, exacute, ~fiect, compkte, comply witl~ and abid~ by this covena~t, a ~ny part hsreof, wid MORTGAGEE m+y place and paY (w such inwranes or any part tl~ereof without wsivirg or ~ffactina ~ny op~ion, lien. puity. or ?ight ~nder w by virtw of tbis Mort9spe. ~nd the full ~mo~m of ~ach ~nd wKy such p+ymeM shatl be immediately dw and payabk and shall besr interest from th~ dat~ tF~ereof until peid ~t the rate ot n~n~ per cenh,m per annum ~nd together with tuth interest shall be secu~ed by tFK litn of this mpt~ape. t. To p~rmit, commit or wffer no wut~, impairment o~ detaio?atioe of s~id prop~rty or any part tFwreof. 5. To pay all and tinpvlu the cosls ch+rpes u+d expenses, includirg s?eawnabh attomey i fee a~d cos~s of abstracts of title, incvrred w paid at any time by said MORTGAGEE. betaua~ a in the eveM of ths failuro on the pa~t of th~ said MORTGAGOR to duly, promptly ~od fulty pe~form, dischargR execute, ~ifM, complete, compty with and abide by ~ach and every the stipulatian, agreements, conditions and covenants of s~id promissory ~ote and thu matga9e a~ryr w either, and said cost~ charpes ~nd expensas, each and every, sh~ll b~ invnediately dw ae~d p~yabk; whether or not there b~ notice de~ mand, mempt to collect w auit pendiny; and ths fvll ~rnoum of each u~d every wch payment shall bear intare~t frorn the date thereof until paid d the rate oI ~ine per ccntum per aruwm; and all siid costs char9es and expertsa intwred or paid, logethar w~th wth ir?terest, ahall be secvred by tM lien of this 'natp~• 6. That (a) i~ tM event of any breach of this Mortgag~ or default on the part of the MORTCsAGOtt, or (b) in th~ event any of uid swof of morwy herein refen~d to b~ r?ot prompNy and iuily paid within thirty (30) days next after tl~e same severally become dw ~~d payable, without d~m~ad p notite. or (c) in tM evenl each and every the ttiputatio~s, sgretments, cond~tions a~d covenanb of sa~d promisso?y mte and th~s matpspe any or either are rw1 iuly, promptly and f~lly performed, dfsctWrged, executed, effected, canpleted, compl~ed wi~h and abided by, then in sithet w ~ny such erer?t the said ag greg~te wm rr~ntioned in said promissory note theo remaining w?paid, with intaest accrued, and all momeya secured hereby. shall betome dw and p~y~ able fwthwith, a theresfter, at tl+e optian of wid JVIORTGAGEE, as fully u+d comple~ely as if atl of the said wms of mo~ey vrere a;p~naly st~pula~ed to be paid on such day, ar~yth;ng in ssid p~om;ssory nole or in this Mortgage ro the contrujr notwithstsndiog; and thereupon w thereaher at the option of said MORiGAGEE. without notice a dem~nd, wit at Iaw or in equity, therefae or thereafter begun, m~y be p~osecuted ~s if all naneys secvred hereby had maturld prip to iri institutioe. _ l. That in ihe event fhaf at the beginning of a at any lime pencl'ing sny suit upon this Mortgaye, or to foreckse it, q to refwm it, a fo enfac~ payment of any tlaims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of ~ Reteiver, wth Cour1 shail forthwith ippoiM a ~eceiver of said mortgaged prope?ty aU and sirgular, inctud,ng all and singular the inrarN, profifs, issu~s and revenws from whatever wurce derived, each ~nd every of which, it being expreuly understood. is he?eby mortgaged u if spetifitally set forth snd deiuibed in th~ yranting and habendum cla~ses hereof, and such Receiver shall have all the broad and effective funa~ons and powers in anywise entr~sted by a Courf tc s Reteiver, and :uch appointment shall be made by such Cowt ss an admnted equiy snd a mane~ oi absolute right to asid MORTGAGEE, a~d without reference to the adeq~acy or insJequacy of the value of the property mortgaged or to the soNency o~ insolvency of said AAORTGAGOR a the defendants, and that wch rems, profin, incane, issues and revenues shaU be applied by such Receiver ucording to the lien a equity of sa;d MORTGAGEE and the practice of such CouA. 8. To duty, promptly ~nd fully perform, discharge, execute, eHect, compkte, comply witfi and ab'rde by each and every the stipulatans, ~greemenb, conditwm and cove~nts in said promissory note and Ihis mortgage set fwth. 9. That in the event the ownership of the mortgsyed premises. w any part thereol, bcroercs vested in a person other than the MORTGAGOi~. th~ MORTGAGEE, its successors aed aug~n, may, witMout notice to the MORTGAOR, deal with such successa or svaesso? in interest with reference to this mortgage and the debt hereby secured in the same msnner as with Mortgagw without in ~ny way vitiatirg a d~scMrgirg the Mwtqagora' liability here- unde~ w upon the deb~ hereby secvred_ No sale of the prtmixs hereby mortgaged and no fwbear~nce on the part of tl~e MORTGAGEE u ib succeswn or assigm and no exter~sion of the time fa fhe paymeM of the debt hereby secwed given by the MORTGAGEf w it: sucussors w assiyro, shall operate ro rekase, d~xhrrge, modify cha~ge w affect the orginai iiab~tiry of the MpRiGAGOR herein, eirFwn in whole or in psrt. 10. N is specifically agreed that rime is of the esunce of th;s conr~an snd thst no waiver of ~ny obliyst~oo hereunder or of the obliyation se- cvred herehy sMll at any Yune thereafter be hefd to be a waiver of the terms F~ereof or of the instrument secured herby. ' 11. In additia~ ro the forego:ng rtw~thly payments of princ'pal and interest required by the promiuwy note secured hereby, mortgagor mvenants and agrees to pay to mortgagee with esch momhty payr~ent an add~riw~al sum estimated by moafgagee to be equal to ~/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fi~e and windstwm insurance as herein requ~red to be carried on the improvementi sitvate on the above described premises. C-Premiums on such mortgage guaranty insu~ance as mortgagee shall from time to rime deem fit to csrry on the ban secured hereby. Mortgagee shal! from time ro t;me notify mortgagor in wr;ting of ihe amount due and payabk hereunder and such sum shall thereupon be due and payaWe on the due date of the next monthly payment and each successive month thereafter ur.til mortgaqee shall notify mortgagor of a change i~ suth amount. Such sums sh.atf be applied by mwtgagee toward the payment of rea! property taxes, insurance prem:ums, and mwtgage gvaranty insurance premiums. IN WItNESS WHEREOF, the said AAORTGAGOR has hereumo set his hand and seal the day and yeu fint aforQ Si~ned, Sealed and delivc+ed in tFit presente of: adys . McCarty, a s' gl lt ~u ~ ~--n ~ • , STATE OF FLORIDA ~ St. Lucie ~ courmr of ! ~„o,~iiy,~a~ Gladys P. McCarty, a single adult ~ eet«e ~ ; tne irwlividwb dewibed in and w}a executed the for ~'O '"e ~II known and knowrt to me fo M e9oirg irntrument, ~nd ~cknowkdged before me th~t they ezecuted the ssrrw fw th~ ~poses 'Z ~ rhere~ expre»ed. Aod.tl~?sa' ' T' i t yvifa af.t6a aaid y~, ~ " ' ' . ; <+~aw+i~Ni~w i~r ~~+hsw ~r~N ynd-aprrf- fra~r I+w s~i~ husb~nd- ~dmewledqed-to ~nd-befsx~nn~rthsr sF~s~e~[etate~id #t~el+t~,~y~,~ ~~'E'Q lacily.~od. Wit}fou~.aoY-COQ1pylLpO•-l,ppalfaNll? M?r N~flM-OF N~~Ow~-fllFNl~~Iri~1d t ~.J: ! WITNESS my hand ar?d off'~cial seal thi da of s"~~ , 4=.~~. Y , I~t D. . - _..i; :•v.•Q = e.. ~ Notsry Public ' for ~t • ~ ~ . j My Comrnission ~xpires: ~ .~j`~ ~ Retum Ta -~S ~ i _ • Fint Federal Ssvirgs 3 lwn Aiiociation j, . . ~ Zz`.••:. A oc Of fort Pierce. ~~Ki'ttl~(i11~~~~: - I fort Pierce. Florida , ~ 9 . ' ~ f p ~ F~p ~1E caa~ ~ ~ at- ~Ea p~`~i~?t This Instrument Prepared By Richard K. Kayes ~~R~~o~f~Q First Federat Savings ~ toan Association ltE~?QaD of Fort Pierce~ Flo ri da ~ i, 5 Checked By~~" f ~ ` . ~0~ P~~ 2~$ . _ c _ ~ - - ~----T--_.._._.