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Home My WebLink About0560 3. To p~ace and continuously keep on the b~i'd~ngs now or hereai~er situate on sa~d ~and and on aR rquipment and persona~ly cove~ed by th~s mw ege, w~th all prtm~~:ns the~eon pa,d m fuil, hre i~isurance m ihe usual swndard po:~cy form, in a s~~n .~Hproved b~ the MOR~:,r.GEE, m~d windito ~nsura~ce in iho usual sfandard pol:cy 1orm, in a s~m appro~.ed by the MORTGAGEE, in such co:npany or compan~es as the -'dORTGAGEE m d~rect; and all fire and w~ndsturm insurance polic~es on any of sa~d bu~ld~ngs, any inrereat there~n or part the~rol, in the aggrrgare su~n atarsaid in eacess tAereoF, shall ;untain the ~sual standa~d mo~~gagee clause or such olher clause as the Mortyayee m~y requ.re, maling tha ioss unJer sa~d µo c~es, each and every, payob!e to said MORIGAGEE as i~s intrrest may appea~, and each and eve~y such pa~cy shail be pron,pHy ass gned and de~~var~d ~ any heid by sa~d MORIGAGEE as lurthar security to said mortga~e debt, a~id, not less than ten (10) days in adva~~ce of ~ha exp~+arion oi each poLCy, fo d. .~vrr to said MORiGAGEE a renewal ~he~eof, toge~he~ with a retaipt fo~ Ihe premium o( s~ch renewal; and i6rre sha11 be rw Lre or ~n~nditoim insuranc ptaced on any of said b~i!d~ngs, any inte~esl therem or part thereof, unless in the form and wiih the Ioss payab~e as afo~tsa+d; and in the event any sun of money becomes payable under wch policy or policies said MORTGAGEE shall have the opt~o~ to recr~ve ~~~d appty the sarne on acco~nt oi the ind~•6t~d ness setwed hereby o~ ~o pe~mit sa~d thORTGAGQRS to reCeive ancl use it or any part tlx•:eof tur o:n~•r pur. os..s, ...~no::t ~h"~~~ ~~°++~'J ""i~~'' ~ng any equ~ty, lie~ a r~9ht under or by virtue of this mor'gage; and in the even~ sa~d M0~2TGAGQRS sha!I }or a~y r~ason fail to krep the sa~d p~e~nis~~s so ~ns~ied, or Fail to deliver pranptly any of s~id poLcies of insurante to sa~d MORTGAGEE, or iait promptly to pay f~{ty any prem~~~n thrrrfo~ o~ in any respect fail to pe~(orm, d~sciiarge, eaecute, effed, complete, co:nply with and ab~de by thls covena~u, or any part ha~eof, said ~AORSGAGEE ~~ay place a~~d pay for s~ch insurance or any part thereof w~thoul waiving w affecting any option, tien, equ~ty, or ~ight u~der or by virtue oi th~s Mo~tgage, and thc full amovnt o( eath and every such paymrM shall be ~maiediately due and payable and shall bta~ iMerrst (rom 1ho date thcrcof until poid at the rate ot n~ne per centum pe~ annum and tu~e~h~•r ~nith such interest shall be secured by ihe lien oi thi~ mortgage. s 4. To permil, tommit or suffet no waste, impairment w deterioration of said property or anY part thereof. S. To pey all and singular the costs, charges and expenses, including a reasonable attaney's fee and costs of abstracls of titte, incurred a pa~d at any time by sa~d MORiGAG:E, beca~se or in the evem of the fa~lure on the pa~t of ~he said MORTGAGOR ~o duly, promp~ly and futly perform, d~scharge. exewte, etfed, comptete, comply w~rh and ab.de by each and every the stipula~~ons, agrre~~ents, tondit~o~s, and covenanes of sa~d pra~~ssory note a~~d ~h~i r,orrgage any or e~~her, and sa:d cosrs, charges and expenses, each and every, shall be immediately dve and payabie; whe~her or not ~here be not~ce dt ~:,and, attempt to collect w suit pe~~d~ng; and the full a~nount of each and e~ery such payment shaU tea. intcresr from the date thereof until paid at t?u ~..r~~ oj n~ne per crntum ~nr annu n; .:nC ail sa~d cosrs, chargea and expensea int~rred or paid, togeti~er wdh suth interest, shall be secured by the I~en o( th~s mortgage. 6. That (a) in the even~ of any breach of this Nbrtgaqe or default on tFx part of the MORTG~IGOR, or (b) in the event any of sa:d sums of money herein referred to be not promp+ly ar,d fully paid within th:rty t30) days nex~ aite. the same se.~era'!y become due and payable, wiihout demand or rtohce, cr ~c) in tbr evem each and every the stipulafions, a9reements, cond~tions and covenants of sa.d promisso~y note and th~s mortgage any or eithe~ are not i~ly, promp~ly and i~lly perforrned, d~scharged. execvred, eife;ted, completed, compl~ed w~th and ab~ded Sy, ~hen ~o enher o~ arry such evero ~he sa~d ag- ~r~~qate sum me~tioned in sa~d pron~issory note then remaining unpaid, with interest accrued, and atl moneys set~red hereby, shall betome due and pay ab:e forthwith, or thereaiter, at the opr~on o+ said MORTGAGEE, as fully and comptete~y as if a11 0( dre sa~d wms ol money wero or~g~nslly snputated ~o be pa!d on such d~y, anything in sa.d prom~ssory note or in this Mwtgage ro ihe contrary not.~v~rhstand~ng; and ~here~pon or thereahe~ at the op~~on of sa;d MORTGAGEE, withoW nohce o~ demand, suit at law or in equ~ty, therefore or thereaher begun, may be prosecuted as if all moneys secured hereby n,:d matured pnor to ita instituho~. 7. Thar in the event ~hat af the beg~nn~ng of or at any time pendirg any suit upon ~his Mortgage, w to foreclose it, w ta reform i1, or to enforce paymeM of any d.~ims he~eu~der, sa:d MURIGAGEE shall apply lo the Court havmg junsd:t~~on thereof (or the appo~ntment of a RecEiver, such CourT sha~l fc.rrhwith appu~nr a recerver of said mortgay;.~d property aIl and sin9ular, includ~ng aIl and s~ng~tar the income, p~ofits, issues and revenues from whatever ~ource derived, exh and every oi wn:ch, ~t be~ng expressly understood, ~s hereby mortgaged as if spec~f~calty set forth and desaibed in ~he flram~ng and habendum tia~ses he:eof, and s~ch Rece~ver shall have all the b7oad and effect~ve funct~ons and powers in anywne emrusted by a Court to a Receiver, and s. ch appointment sha~l be made by such Court as an adrni~trd equity and a maner of absoiute ngh~ to sa~d MORIGAGEE, and without reference to the e,iequacy or inadequacy of Ihe value of the property m.orlgaged or to the so:vrncy ot inso;ve~ty o( said MORTGAGOR w the defandanis, and that such r~~~,is, protits, inco.ne, issues and revenues shall be app~ied by such Receiver accord~ng ~o ~he (ien or equity of sa~d MORiGAGEE and the pracnce of such Court. 8. To d~1y, prompt~y and iutly perform, d~scharge, execute, effect, complete, comply with and abide by eath and every the stiputations, agreements, . onditions and cev~nants m sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownersh~p of the n,ortgaged premises, or any part thcreof, becomes vested in a perwn other than the MORTGAGOR, the :'ORTGAGEE, ita successors a~zd ass~gns, may, w~thout not~ce to the MORTGAOR, deal wrth such successor or s~tcessor in ~nterest with reference to this or~gage and ~he deb~ hereby secured in the same manner as with hlortgago. without in any way viY:ating or d~scha.g~ng the Mortgagors' liab~fity here- c~,der or upon the deb~ hereby secured. Fto sate of the premises hereby mortgaged and no fcrbea~ance o~ ~he part of the 1~10RTGAGEE or its successors or assigns and no eatension ot :he t~me (or the payment of the debt hereby secured given by the MORTGAGEE or its suctessors or assigns, a~iall operate ro reiease, d~scharge, modify change or affect the oriyinal Iiao~Gty of the MORTGAGOR herein, either in whole or in part. 10. It is spec~ficaily ag•eed that time is of the essence of this cororact and that no waiver of any obl[gat;on hereunder or of the obligation se- cvred hereby shah at any tirne thereafter be he:d to be a waiver of the terms hercof or o! the instrumem setured herby. 11. In atid.tio~ to the iorego ~ig month!y payrr^nts of print pai and interest reauired by the prom~sscry no!e sr:vred hereb~, mortgngor tovenants ~~~d agiees to pay to R~ortgayee w~rh each ~:~ontfuy pa,r.,ent an add~nonal sum est~n.ared by mo~tyagee to be equal ~0 1. 12 of t:x ana~ual cost of the foliow- 3. A-A~I real property t3xas ~evizd or assessed ag~i•ist thc above described real estate. 'f . B Gr;:,:~o•„s o~ i~re and windstorm insuracce as herem r~qu.red to be carried en the ~mprovemeats s~tvate on the above d=scribed premises. C-Prem,u~~~s on such morrgage guaranty ir.suraoce as mo{tgagee shall from. t me to t~me deem fit to carry on the loan secvred hereby. E Mortga~ee 5~~.~:1 .'.cm time to time notif~ mortgagor ~n wrinng of the a~nou~t du~ and payabte hereundrr and such su~~ shall thcreupon be d~e and f r:ab!e on the due da!e of the next ~nonth!y payment and each successrve month thereaft.r ur.tii mcrtgagee shall nohfy mortgagor of a change ~n such ` ou~t. S~ch s~~ms sha:i be ap~.i~ad by mortgager toward tne payment of real property taxes, insuranct prem:~ms, and mortgage guaranty inw~ance f r-emiums. IN YJITNESS :.HEREQF, the said titiORTGAGOR has hereunto set h~s hand and seal the day and year fint atoreuid. { ~ Signed, Sealed and delivered in the presence of: ~~~''~(Seal) ~ _ Isom Chauncey ~~aq ' - ' (Sea~) ~ Sherley 'hauncey ~~a;~ S:aTE OF FLORIDA SS. ~ JU'JTY OF S'C . Luc ie I Before me penonalfy appeared ISOID CZ1dL1I1CeY a~?d ~ _ Sherlev Chauneev _ r,~s wi1e, to me well known and known to me to be the individuaia described in and who executed the foregoing instrumeM, and acknowfedged before me that they executed the same fw the purposes rherein exprcssed. And the :a~a_Sherley Chauneey _ ~ Isoa ChaLlI1C@y a ~att a~d ~a+. «~fe of the said - . xPa P^ e.ammat~on by me taken separate and apart from her said husband, ackno,vledged to and beforc me that she e:ecuted ~said instmment freely ~nd volun- ~ ra•~~y and w;thout any compulsbn, constra~nt, apprehe~~~o`n,~ or fear of w from her said husband. _ • WITNE55 my hand and ofGc~al seal this_ __iL~.1L-_ day of~~e •~'•1~, O•. ~9 72 l , ' . . Notary Public in and iot the:5t~ a~t l~tp~_ My Comm~ssion expbes: ~ ' ~ 'i' ~ ~ ~ Return To: ~~.~~'~1~~p~10A tt U1RGE ~ first Federsl Savings 3 Loan Associat~on ~ SY~~~~~~ 19~ Of Fort Pere~~ ~(IC~1~~ ~ ~ y ~ .r ~ Fo.t P~_•rce. Fio~~d~ ~ r.•i ~ ~ ftLEG ~ti! "~CURO~~ ~.4r.sa,:.:;'t.. ~ ST IUC.C ~.;~UNTY FIA. ~ F.OCE= ~ .1'TRAS ~ ~ - ~ ClE?K C ~ C_ctcl COURT ~ This Instrument Prepared By~ J• H. Roberts~ Jr. a~r,r.~~ ~ First Federal Sav+ngs & loan Association ~ ~Fcrt Pierce ~ Florida 33450 ~j ~ 4 O8 PM ~~Z ~ Checked BY`.~~----- - - ~r3~ ~ ~ ~o x203 ~~f 5b~1 ,F,; ~ . ~ ~17 _ _ _ , _ _ ~ r~