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Home My WebLink About1729 - ^ ~ 3. io place and continuously kcep on the buildings now or hereatte~ ~ituate on said I~nd and on alt equipment and penonally cover~d by this mor sge, with alt pemiums thereon paid in fuN, fire insurante in the usval standard policy form. in • sum approvad by IM MORfGAGEE, and windsto ~ns~rance in the uw~l sundard pot~cy fwm, in ~ sum approved by ~he MORTGAGEE, io such company or compan~ei as tM MORTGAGEE m d;rec~s and all (ire and w~ndslorm in~urance policies on any of ssid build~nys. a~y intere~~ ~herein w part thereoi, in the sggrey~~a sum ~ipe~~id in excass thereof, slwll contai~ ~he usual standard mortga9ee cl~use a such olhe~ clause ~i fhe'Mor~yages may rcquir~, making the loss unde~ sa~d po ; c~es, each and every, pa~able to said MORTGAGEE as its interest may appear, and each and every svch poticy shail be promprly au:gned and delive~ed ~ any held by said MORTGAGfE as furtAer sccv~ity to ss;d mor~gags dcbt, and, ~01 less thsn te~ (10) days in advance of the eapirst~on of cach pol~cy, to d~ ~ I~ver to said MORTGAGEE a renewal Ihereol, toge~her with a receipt fw the ptemium of suth ~enewal; and there shall be no fire or windstorm in~vrant ~ Placed on any of said buifdings, any inte~est ii~e+ein or psst !h~-eof, vn!sss in tM form ared wi~h ~M lou payable as afwetaid; and in the evenl any iun ' of money becomes payable ur~der such policy or policies said MORTGAGEE shall have ~he op~io~ to receive and apply the same on accounl o( the indebted ness uzured hereby a ro permit iald MORTGAGORS to ~eteive and use it o~ any part thereot for osher purposes, .rithout IFI31EU~ waiYing or ~mpair ing any eqviry, lien a right undea p by v;rfve of this mortgsge; and in the evenl w~d MORTGAGORS shall fa any reasa? fail to keep the said p~emisrs so insured, p fai) to delive~ ptomptly any of said policies of in~urance to said MORTGAGEE, or fail promptly to pay fully any premium thereta or in any respect fail ro perfpm, discharge, eaecute, eNed, complefe, comply with and abide by this cove~ant, a any pan hareof, said MORTGAGEE msy plate and pay fw :uch ina~rance w any part thereof wi~hout waiviny or affectinq any option, lien, equity, or right under or by virtue of tAis Matga9e, and the full amouM of each and every such payment shall be immediately due ~nd ~+aya4~ and ~i~atl besr in~erest from tHa date thereoF vnti! paid at ths rats o1 n~ne per centum pM annum and la~elher with such interest shall be secured by 11~s lien oi this mort9age. ~ 1. To permif, commit ot suffer no was?e, impai~ment or deterioration of said {xoperty w any pa?t fhereof. S. To pay sll aod singulsr the costs, charges snd expenses, including a reasonable atlo~ney's fee and cost: of abstracts of title, incurred w paid at : any time by said MORTGAGEE, because w in the eveM of the fsiiure a+ fhe part of ~he said MORiGAGOR to duly, promptly and fully perfwm, d~uharge, execute, ef(ect, complete, comply with aod ab:de by each and every the stipulations, sgreements, conditions, and covenants of iaid p~omiuory note and this morrgage any w eifher, and said cosn, charges and expenses, each and every, shall be immediately due a~d psyable; whether w not there be r+otice d~ mand, atfempt to collett pr suit pending; and the full amovnt of each and every such payment shall bear interesf from the date the~eof until paid ~t the . raie of nine per centum pet annurn; and all uid costs, charges and expenses incurred or paid, together with such interest, shall be ucured by the lien of thi~ ~ mortgsge. Q ihat (s) in the event of any breach of this Mortgags or defaull on the pan of the MORTGAGOR, w{b) in the event any ol sa~d sums of money herein referred to be not promptly and fully paid within thirfy (30) days next after the same severatly become due and payable, without demand or notite, or (c) in the event each and every ~he stipulations, a9reements, conditions and cove~ants of sa:d promissory note and th~s mo+tgsqe any a eiti+er are not iuly, prpmpNy and fuDy pe?formed, d;xharged, executed, effected, compkted, complied with and abided by, then in either w any such event the said ag~ gregate wm m~ntioned in said promiuwy note then ~emaining unpaid, with interesl acvued, and aii money~ secured hereby, stssll bacome due and pay- ~ able fwthw~ih, w ~fierea{ter, at the option of said MORiGAGfE, as fu~ly and completely as if all of the said sums of money were aiginalty stipu{sted ` to be paid on such day, aoything in sa:d promissory ~ote or in this JNortgage to 1he contrary notwithstanding; and thereupon o? thereafter st the option of said MORIGAGEE, without notice a demand, suit at law or in equity, therefwe or thereaiter begun, may be p?osecuted q if~ a!1 moneys satured hereby : had matured prwr lo ifs institution. 7. Tiiat in the event that at thc beginni~g of or at any time per?ding any suit ~pon this Mortgage, or to faeclose iL or fo reform it, or to enfwce ; payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju~isd~c~ion thereof fa the appointment of s Receiver, ~uch Coun shsll ~ forthwith appoint a reteiver of said mortgaged property all and sirgular, includmg all and singular the income, proiits, issues and revenues from whatevet source de?ived, eath a~d every of wh~ch, it being expressly understood, is hereby mortgagrd as if speci~ically set fath and dexribed in the grsnting ar+d habendum clauses hereof, and such Receiver shalt have all the broad and effective fvnct;ons and powers in anywise entrusted by a Court fo a Receiver, and ~ s~ch appointment ahall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and withoul reference to the ~ adequacy w inadeq~acy of the value oi the property rtwrtgaged or to the sotve~cy or insolvency o/ said MORTGAGOR or the defendants, and that such ~ renrs, prolin, inco~ne, iuves and revenues shall be applied by such Receiver according to the lien or equity oi said MORTGAGEE and the pradice of such i Court. 1 8. To duly, promptly and f~lly perfam, d~scharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemenfs, ' conditions and covenanrs in sa~d promissory rtote and this moitgaqe set forth. ~ 9. That in tbe event tF~e ownership of the mortgaged premises, a any part 1he?eof, becomes vested in a perso~ other than the MORTGAGOR, the h',ORTGAGEE, its succeuors and assgns, may, without notice to the MORTGAOR, deal with s~ch succeuw w successor in interest with reference lo this j mortgaye and ehe debf hereby secured in the same manner as with Mortgagor withovt in any way vitiating or diuharging the Morlgagors' liability here under pr upon the debt hereby secured. No sale of the premixs hereby mortgaged and no forbeara~ce on the part of the MORiGAGEE w its svtcessors er assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGfE or its successors w assigns, sfwll operate ~ to release, d~uharge, modify thange w affect the. or'~ginal liability of the MORT(3AGOR F~erein, either in whole or in part. 10_ It is spec:ficaliy agreed that t~me is of the essence of this contract and that no waiver of any obligat7on here~nder w of the obligatan st cured hereby shali at any lime thereafter be hefd to be a waiver of the terms hereof w of the instrumeM secured herby. 11. (n add:tio~ to the forego:ng monthly payment= of princ"pal and inte~est required by the promtswry nore secured hereby, mortgagar covenants and agr~¢s to pay to mo: tgagee with each monthly pay.nent an add~rional sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the follow- ing: A-All real prope~ty taxes levied or assessed against the above described real estate. 8-Premiums on fire and windstorm insurar.ce as f+erein requ~red to be carried on the improveme~ts situate on fbe above described premises. C-P~emiums o~ such mortgage guaranty insurar,ce as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortqagee shail from time to t~me notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be dve and ~ayabte on the due date of the next month:y payment and each successive month thereafter ur.til mortgagee shall notify mortgago? of a thange in such a~ount. Such sums sFail be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mwtgage guaranty insurar,ce oremiums. IN Y~ITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year ' st atore 'd. Signed, Sealed and delivered in the esence of: ~ ~ . _ ^ ~i i Dorot M. Anderson a s t~ ' ~ ~s~~~ ~ i - ~Seaq 57ATE OF FLORIDA ~ COUNTY OF $'ri. L11C3.@ ~ Befae me personatty appeared Dorothy M. Anderson, a single adult iUs~rlfe, to me well known snd known to me to be the individual/ described in and who executed the fwegoing instrument, and ackrwwledged before me that ~hey executed the same for ti+e purposes rherein expressed. ~1wi~he•Mi~- ~rita.~E.~i».Mid " ~ _asa~ni~ali~w.iy.w~+k~~e~?w~+wd~-~sr*~w•i~e~wid~lw~iswre'+~+d9oi/p,wa~b~r ~wew~l~d~~wl~ ~ri? .,rar~l~r+~~riN~w~+wl?•~«w~w~i~w?~rwhwwer +-~feaweFe~-f+ererl~ssiii-F~rsbands r~ _ . WITNESS my ha~d and official seal thi " day of ' ~ A. . 19 ~ ~ , ~ , - j ' Nota Public in snd 1w he tate .af Narida at ~1,° : My missiot~ experes: , Rerum To: :~iOTARY PUBL!C 5T"7E (zt FI QR?j~ j'~T_ First Federal Savings dt loan Auociation ~tY r'~ ~~~i(~,~ s;;t-i; 7 1 ~ Of Fort P;erce. G~i;?sZ;.~ :t•e~;~?:t::a;t :i,~JEti's'itsii ~ ~~,~.1 For? Aierce, Flonda fIlEO AMD REC~RQ~Q 7~~ ST. LUCIE GOUM Y F A ,~Y ~ This Instrument Prepared Sy J. H. RobeTts J ROCf ~ P01?R#S s ~ERi( C+?tiJ1T COUlIt First Federal Savings & loan Association RFr,OR~ vE•=~~~EO , of Fort Pierce , F'lorida Checked ey ~ _ 17AY ZL 44 ~~7Z z;~ss8s go ~~02 ~1~8 C ~S ~ - _ _ -