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Home My WebLink About0701 3. To plan and contir?vo~sly keep on ~he buitdings ~ow w hereafttr sitwte on said I~nd and oe+ all equ~pment ~nd pasonally covered by thii ma p~, with all premiuma thereon pa~d in full, fire insurancs ir+ tM usual itsndud poticy fam, in ~ sum approved by the MORtGAGEE, and windsto in~u~ance !n th~ uswl a~andard pol;cy ~am, in a ium ~pproved by tM 1NORTGAGEE, i~ s~ch company or compa~iet ss ~M MORTGAGEE m duectp ~~d ~II (ir~ and winJatorm insura~c~ poliuss on any of ssid buildieqs. ~ny interes~ eherein w part thereof. in IM aggre9ste sum ~for~~id in ~zcess thereof. shall contain tM ~swt :tanda~d matga9e~ clause a such other claus~ +s Ihe Mortyasee may requ"a~, makinp tM lou unda ia~d po ctss. ~acl~ a~d ~very. p~Yabla to s+id MqRTGAGEE +s its interest maY app~ar. and each and every iirch poiicy shall be promp~ly ass.9ned u+d delivered ~ +ny hcld by said µpRTGAGEE u turther sec~rity to said maty~ye debt, and, oot ku tMn ten (i0) days in advance of ths expiratia~ of aach policy, to d~ liv~r to aaid MORTGAGEE a renewal thereof, toqetMr with a ~ecsipt fw th~ pr~mivm of s~ch renewal; and 1he~e shall be no fi~e or wi~dslo~m insur~nc pl+ced on any oi said buildiegs, a~y intenst ti+etein or p~rl tMreo(, u~leu tM form and with tM lou payabl~ as ~fw~said; a~d in IM event any t~n of rt~o~ey becomes payable ~.?dsr tuch polky or pol;cies said AAORiGAGEE shall h~w ~hs option to receiva ~nd apply ths same on account of the indebted neu aetured hereby pt tp pe~mit said MORTGAGORS fo reteive and use It or any part thereof tw other purF+oses, wi~hout 1h=reb~ waivi~~g or ~mpair• in9 ~ny sq~ity, lien w right ~nder or by virtue of ihis mortgayej and in /M ~vent taid MORiGAGpRS shall for any reawn fail fo keep ths said prem'~sef so ins~red, p fail b delive~ promptly any of wid policies of insurant~ to wid MORTGAGEE, a.fail promptly to pay fully any premium the~efor or in any respect f+il to pe~fwm, discharge, e~cecuts. effect, complete. comply with snd ~bid~ by this covenant, a any part hereof, said MORTGAGEE may place and paY for s~ch inwra~ce or any part the~eof w;thout wshrirg w sffectinp anY option, lie~, puity, w righl unde~r a by virtue of this Mo~t9aqs, ~nd the full amou~l of esch and tvery wch paymer?t ihafl b~ irwned'utely dw and p~yabls and sMli besr interes~ from tM date tlxreof umil paid at th~ ~at~ of n~ne per centum pe~ annum and togethe~ with avch i~terest shall be securod by rM lien of this mort9ags. 1. To permif, commit ar suffer no waste, impairment or dete~iwation of uid propaty or ~ny puf thereof. S. To pay al! and sir+gular ?he costs, ch~rpes and expenses„ includiny a reasonabk attorney's fee and costs of abstracts of title, incuned w p~id at any time by said MORTCaAGfE, because or in the event of ths failuro on the part of the said MORTGAGOR to duly, promptly and fully perform, d~scharge. execvts, effed, oomplete, compty with and ab:de by exh end every tM stipuletans, agreemenb, tonditio~», and covenanb of said promissory note and thw mwtyaQe any w ei~her, and said cosn, charges and expeeses. each and every, sh~ll b~ immediately due and payable: whether o? not the~e be notice de~ mand, attempt ro collec~ or suit pend~ng; and tAe full amovM of exb ard every such payment shatl bea. interest f~om the dafe the~eaf uoril p~id af the rate oi nine per centum ptv s~uwm; arx! all said tosts, tharges ~nd expenses intvrred a paid, together with suth interest, ahall be set~red by the liea of thit mortyage. - Q 1f~st (s) in the event of ~ny breach of N?is Mortgsg~ w defwlt on ths put of the MORTGAGOR, w(bj in the event ~ny of said aums of nwney herein r~hrred to be nof promptly a~d fuNy paid within th;rfy (30) days next after 1he urrK uverally becoms due and payable, without demand or nptice, or i~ the event each and every the stipulaiwns, agreements, conditions ~~d covenants of sa:d promissory note and th~s mwtpspe any a either are not i~ly, promptly and fully performed, d~scharged. executed, efiected. compfeted, compGed with and abided by, then in e;ther w ~ny such event the said ag gregate wm mentioned in said promissory ?pte then remaining unpaid. with interest acu~ed. and all moneyi setured hcreby, shall become dve a~?d pay- able fwthwith, Of ~FINNffN. at the opt~on of said 1NORTGAGEE, as fully and completely ~s if all of the said wms of money we?e or;giMlly st~pulared ro be pa~d on wch day, anything in sa;d prom~ssory note a in this Matgage to the cororary ~otwithstanding; and ~hereupon or thereafter at tM option of said MORiGAGEE, without notice or demand, suit at law or in eqvity, therefore o? thereaftet begun, may be ptosecvted u if all rnoneys sacur~d heteby had mahxed prior to in ins?itution. 7. That in the event that at the beginnirg of or at any time pending any wit upon this /Nortgage, d to faeclwe it, or to reform it, a to enfwp payment of any daims hereunder, said MORTGAGEE shall apply to the Court having ju~Rd;ct~on thereof for the appantment ef a Receiver, auch GovN sMll iorrnwirn sppoim a receive~ oi saio mo~ie~~+ v~w+~~:s ~~i ::.3 s::yu:~, ~ct sE^g_e~• rs~ :.,_~.,,e n:r,f:r~, t,r.::.--; a.~ rrrsr:ura frem YYflD1SYY source derived, each and every of which, it being exp?essly unde+a~ood, is hereby mortgaged as if spec;fically set forth and deitribed in the g~antin~ and hatxndum clauses F~ereof, and such Receiver shall have all the brwd and effective funct~ons and powe~s in anywise entrvued by a Court to s Receiver, and such appointment shall be made by ~uch Cowt as sn sdmitted equiry and a matter of ebsolute rigM ro said MORiGAGEE, and withouf reference ro ihe adequacy a insdequacy of the value of the property mortgiged o~ to the sonrency or insolve~cy of said MORTGAGOR p fhe defendann, aod that such renrs, profin, income, iss~es and revenues shatt be applied by such Receiver accord~ng to the lien or equiry of said MORTGAGEE and the pactice of such Co~rt. 8. To dvly, promptly and fully pe?form, diuharge, execute, effect, eomplde, comply with snd abide by each and every the stipulations, agreements, co~ditions and covensots i~ said promissory nete a~d this mortgage set fwth. 9. TF~at in the event the ownerahip of the mortgaged premixs. w any part thcrcof, becomes vested in a persw~ other thsn the MORiGAGOR, the MOR7GAGEE, its succeuo~s and assgns, may, w;thout notice to the MORTGAOR, deat with such successo~ or successw in interest with reference to this mortgage and the debt hereby secured in the same msnner as w~th Mortgaga w~thovt in ~ny way vitiating or d~xharg~ng the Mdrtgagors' tiability here- under or upon the dept hereby sacured. ?,1o sale of the prern:ses hereby mortg~ged and no forbearance an the ps~l of the MORTGAGEE w its iuccessors or auigro and no extension of tF?e time for the payment of tF?e debr hereby secured given by the /JIORTGAGEE or ita successws or assigns, sh~ll operate ro release, discharge, modify thange w affect the orig;nal IiabiGty of fhe MORTGAGOR herein, eithar in whole a in psrt. t0. It is specifically agreed thaf time is of the essenca of this contract and that no waivn of any obligaf~on herc~rnder or of the obliyation sN cured hereby shall at any time tFKreafter be held to be a waiver of the terms hereof or of the inttrumeM secured herby. 11. In add~tion to the forego:ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagor cpvenants and agrees to pay to mortgagee with each monthiy payo~ent an addirional sum estimated by rtwrtgagee to be equal to 1/12 of the annual tosi of the follow- ing: A-AO ~eal property taxes levied or assessed agai~st the above described real estate. B-Vremiums on fire and windstorm insurance as herein requ~red to be carried on the improvemenh sitvate o~ the above described premises. C-P~emiums on such mortgage guaranty insurance as mortgaget shall from time to time deem fit to carry on the ban secured hereby. Mor~gagee shall from time to time ~tify mortgagor in writing of the amount due and payable hereunder and such sum shall therevpon be due and Fayable on the due date of 1he next monthty payment and each successive month thereafter ur.til mortgagee shall not;fy mortgagor of a change in such amou~t. Such sums sF:a(f be applied by mortgagee toward the payment of real property taxes, iruurarKe prem~ums, and mwtgage gusrmty inwrance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day year i~f aforesaid. S' nedf Se31ed snd li d in the presence of: GZ/ ~ Q._ ~ J lian Walker ~ tse+~ Grace Walker ~,n STATE OF FLOitfOA ~ St. Lucie counmr oF Before me personally sppeared --iuli~n Wallcpr Grace Walker . '"d !u: wite, sa :rz rr•r m rhe individuala described in snd who e:ecuted the foreyairg instrument, and ackrwwledged before me that they eitia(qad•il~i~~~ lherein expressed. Md the sa~d Grae¢ Walke= i r 1, .•"'i ~~s • . , .-~--~rj. . r''• wNe of the said Ju1121ri W2111G@! a,! +~y}'~,•~.p~;~ate examinatian by me taken separate snd apart from her said huaband, adcnowledged to and befwe rne that ahe exiqit~d',said :inftrumenf ~fsf~~.~. volv~ tari:y ar~d without a~ryr compulsiw~, comtraint, appre w fear of or from id husband. ~ ~~3 ~ 'y- i~ti.: WITNESS my Mnd and official seal thi ~ of ~ ^ • r.... 'J2 Y Y Q:_ ~9 • ~ 1~~u:S' ~ ~ 1_ '1 Nofary Public in snd ioh ~1f t~ Return 70: My Commiuioa exPires~'==:. ~s..,.~ ~••'?ti,~.y Fint Federal Savings b losn Astociation • /'~~t'a ~R~D~ K uR&E MY COYMtSS1011' ~EXMRES SEPT. 25, 1915 Of Fort P~erce. ~ ~ ~~s'~ ~ Fort Pierce, Flwida f1UE~ ~o qECOttoEO ~ This Instrument P~epared By Wn. E. Bicaun iT.~~F C~~~ ~ ' ~~E~ p01TR~S First Federal Savings 3 Loan Association ~E~X C~;CUIT C~~ of Fort Pierce ~ Rloxida RFCONO yER'E1f~ Checked By - ~ 5(~ PM ~ , 2"~9199 e~R~ 2OZ PAGE 701 ~ ~ _ ~",S ~-t~.,~.N~s:' ~ ' . . _ - _ '