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Home My WebLink About2130 To p~ace and conr;nuoc,sly kecp on thc bul:J~ngs now or hrreafter ~~t~ate on sa~d land and on al~ ~•q~~pmenl and personatly cov.rcd by this mo~ age, wlth ali pren~~~~~s thrrcon pa d in tu:l, fi~e im,;rante ~n ihe uswl stand~rd policy form, in a s~~» aHproved by ~ha l:,UR~v:~G:E, and wu~Jsto ~nsvrancc in ~he ~sual s~andaid pol~cy lonn, in a sum appro.rd by the MORTGAGEE, in such Co•nNJny or cor~~pan~es as the At02TGAGEE m d~rett; and ail lire and w;~dsror~n insurance poliues on any of said build~ngs, any inte~~st therein or pa~t th~•rrof, in Ihe a99r~gete sum afo~esaid in ezcess th~~rao{, s~~all ;~nra~n the usual sta~~da:d mol~g,~gee c~ausa o~ such oihm clause as the Mortyayee may requ~~e, mckin~ th~ ~oss undrr s~~d po c~rs, each and every, payab:e to sairl A~JRTGAGEE as ~ts ~ntrrest ~ziay appear, and e:ch a~zd every wch po~~cy a6a~l be promNtly ass gnrd and de:~v~r~~d : any held by sa~d htOR(GAGcE aa (unher s_wriry ro sa~d ~~~o~tgage dcbt, and, not Iess than ?en (10) days i:~ ad.ance of the exp~rat~on oi each po;~cy, to d~ i~ver to ta~d ~1~lORiGAGEE a renrwal thereof, togethrr with a recelpt fo? the preuiium of suth renewa~; a~~d thrre s~~all ba no f,re or w~~~dsio+m uis~ranc placed o~ any of sa~d b~~!d~ngs, any int~rest there~n w par~ thereof, un!rss irt-ihe for~•~ and wnh the ioss payable cs afo~esaid; and ~n the e+enl any su~ oi money beto~nes payaute ~nder such poEicy or poLcies s~~d MORTGAGEE shall have ~he opt~on to rec_•i.e ~nd a, N'y r~e same on ac.o~n~ of ~he ind~ti~d nass sewred h.;r~by o~ ro perm~t sa~d MORTGAGORS to recrive ar,d use it w any p~r~ thc:aol ior o:n- r F,~If; iSC2. l':.~~1~y} th ~ng any equ~ty, Gen or r~yh1 under or by virtue of this ma:'gage; and in the event sa.d MORTGAGORS sha!I :or any reason fail to kaep the sa~d prem~s~~s so inw~ecl, o~ fail to de!ive~ promNtly any of sa~d pol:cies ol insurance to saEd MORTGAGEE, or f.,~'. .:omptiy to pay fu:ly any pre~n~~~n theretot o~ ~n a~y respett fail to perform, d~schorye, execu~e, e(Fect, comptete, comply wirh and a5ide by this cuvena~v, or any parl h~reof, said MORTvAGEE may ptate a~C pey lo~ wch insur.~nce or any part thereof w~thout waiving o~ aEfecting any option, lien, equ~~y, or nyM unde~ or by virtue of this hlorigage, and thc 1u~i a~nount ol each and e.ery wch payment shall be immediately due and payable and shall brar int.r.•st from ~he date thereof un~il p„fd at the rate ol mne per cenrum per arnum .,nd tu3•_thcr v,~th such ~ntrrest sha11 be sewred by the lien oi th~s mortgage. I. To permit, tommit a sufier no waste, impairment or deterioration oi saiJ property or any pa~t thercof, 5. To pay all and singular the costs, charges and expenses, inctuding a reasonab!e attorneY~s fee and cosrs of a6stracts of t~tle, incurred or paid at eny tin:e by sa~d MORiGAG:E, because a in the evenf of the fa~ture on the part oF ~he said MORIGAGOR ~o duiy, promp~ly and fu~ly pe~form, d~ssha~ge. =.a<ur<, effect, canplete, comply wa~h and ab:de by each a~d every the stip~lanons, agrea~nrnts, condmau, and cuvenanrs of sa~d pro~n~;sory note a~jd ~h~s ,,orrgage any or e~iher, and sa:d costs, charges and expenses, each and every, shall be immedwtely due and payab:e; whether or not there be nonce d~ n;and, attempt to collect or s~it pend~ng; and the full a~nount of each and e~ery such paymem shall bea~ inteiest from the date the~eof umil paid at the ~.r~~ o~ n~ne per cantu~n Nor arn~u:»; and au sa~d covs, charges and ex;;rnses incurred or paid, togather w~th such iroerest, shail be sec~red by the I~eo of 1h~i mottgage. 6. That (a) in the event of any breach of this Mortgage o~ default on the part of the MORTGAGOR, or ~b) in the event any of sa:d sums of money h~re~n refe~rrd to be not pro:np~fy and fu~ly paid wiih~n th,~ty (30) days next ai~•_r the same se~era'ly become d~e and pa~aWe, wiihout demand or notice, tc) in thr event each and every ~he snp~ianons, agreementa, to~ditiOns and covenents of aa.d pro~~~~saory note and th.s mortgage any o~ either are not iuty, pranptly and f~tly perform.ed, d.scharged, execv~ed, effected, completed, compi~ed with and ab~Jed Sy, then in eeher w any such event the sa:d ag- ^yr,qate sum mentioned in said pro~nisaory ncte thzn remaining unpaid, with intere,l acu~ed, and e~l mo~~eys setured hereby, shall betome due and pay ao.r fo~thwith, o~ thereaflcr, at ~he op!~on of seid MORTGAGEE, as iully and completely as i1 ali of thr s~id sums oi money were ongsnatly shpu:a~ed ro be pa:d on s~th dcy, anything in sa,d pro:n~ssory note or in this MOrtgage to the tontrary not.v~thstandi~~g; and thereupon or thereaftrr at the opt~on o1 sc d MORTGAGEE, w~ihout notice or demand, suit at law or in equity, therelore or thereaiter begun, may be Qrosecuted as if all moneys secured hereby n~d matured pr~or to ~ts institut~on. 7, That i~ the event that at the beginn~ng of or at any time pending a~y suit upon this Mortgage, or to foreclose it, w to reform it, or to enforce FaymeN of any c!a~~ns F.e•eunder, said ~dCQTGAGEE shall apply to the Court having ~unsd.cs~on the~eof for the apHO~ntment of a Receiver, such Co~rt shai! r~~rhwith appo~nt a recei~er of said mortgag~-d pro~:rry all and singular, inctudmg aIl a:~d singu~ar tF~e income, piohts, iu~es and reven~es from whatever s.~~•ce derived. each and every of wh:ch, ~t be~~:g expressly unders~QOd, is hereby mortgaged as if spec~ficatty set forTh and desuibed in ~he g~ani~ng a~d i a~endvm davses hereof, and such Receiver shail havz ali the broad and effective funci,ons and powers in anyw~se emrusted by a Court to a Receive~, and s-ch appointment shall be made by sv[h Court as an admitted equity and a matter of absolute r~ght to sa~d MORTGAGEE, and without reference to the ad,qvacy or inadequacy of the value oi the p.operty mortgaged or to the so:vency or insolvency ot said MORiGAGOR or the defendants, and that such ~+s, profits, inco.ne, iuues and reveaues shall br appGed by such Receiver accordmg to the lien or eqrty of said h10RTGAGEE and the pract~ce of wch Court. B. To du!y, prempt!y and f~fly perform, d~scharge, execute, effe:t, complete, comply with and abide by each and every the st~pulations, agrerments, i ;onditions and covenanrs ~n sa~d promissory nore and th:s mortgage set fo:th. 9. That in the event the ownersh;p of the mortgaged prem~ses, or any part thereof, becomes vested in a perwn other than the ti10RTGAGOR, the :':ORTGAGEE, its successors and ass~gns, may, without notice to the ~'10RTGAJR, deat w~sh such succeuor or successor in interest with ~eference to this :rtgage ar.d the d~ot hereby secured in the same manner as with lltortgago~ w~thout in any way vit:ating or d~scharging the Matgagors' liability herr • ..,der or upon fhe debt hereby sewred. No sa!e of the premises hereby mortgaged ar.d no forbearance on the part of the /~1pRTGAGEE or its svccessors cr assigns and no earension of the ~~mz for the payment of the debt h~re5y sewred given by the MORTGAGEE or its successors o~ ass:gns, a:iail operate ro re~ease, d~scharge, modify change ar affect ihe original liao~iity of the MORTGAGOR herein, eiiher in whole or in part. 10. It is spec~ficaliy ag~eed that t~me is of the essence of this contract and that no waiver of any ob~~gat~on hereunder w of the obligation s~ cured hereby shaf~ ar any tim.e rhereafter be held to be a wa~ver of the terms hereof or of the instrumem secwed herby. I l. In ~dd t:o.~ !o th= forEqo n'~onth!y paym.NS of prir.Cpal and inrerest requ~red by the p~om s>cry no!e sec~red hereb/, mortgagor eovenants ~•:d agrees to pay ro n~ortgagee ~n~~h each ~nonrh!y pay~.~em an add~;ionaf s~m eztln:ated by mo.tgagee to be eq~al to 1; 12 of t:ze annual cost of the follow- A-Ali ~iat prop~~rty taxas lef~e~ or assessed agai•~st thc above descnbed real esrate. ~ B- Pr~rr.iu~ns o~ fire ar.d .v~~:dstor~„ insurar.ce as nerein requ~red to be tarried on the :mproveme~ts si!~ate on tne a6ove dsscribed premises. ~ C-Premi~:r's on such n:ort, e uarant ir.sura~~ce as mort a ee shaf! f~oT t:me to time deem fit to carr on the loan secured hereb ~ 7~9 9 Y 9 9 Y y• I F,Aartgagee s~~[1 E-cm T~•ne to t~me notify mortgagor m writ~ng of the amou~t due and payable he~eundrr and such su~n shail thereuuon be due and f ,ab!e on the d~e ciatA oi the ~~ext month:y paymem and each Sutcessrve momh thereafier ur.t~i mortgagee sha!I noi:fy mortgagor of a change in Suth I ` ount. Svch sums sFaJ be apF~,'ied by morrgag~.e toward the payment of real property taxes, insurance prem:ums, a~~d mortgage guaranty insurance C ,~•?mtum5. 4 IN \'IITNESS :':H:REOF, the said MORTGAGOR has hereunto set his hand and seal the day and r first aforesaid. ~ Signed, Sealed and defivered in the presence of: t ~.l ~SeaQ ~ - • l., . 3u r t on cs~ai~ - -(Seaq - Esther L°.TBurton ~~ai~ ATE OF FLORIDA 1 St Lucie ~ ~OUNTY OF ' - ~ Befwe me persona:ly appeared Ja y tY . Bu r ton a~ _ _ [~St~1C'L I.. Burton his wife, to me well known and known to me to be th= ind~viduals descr~bed in and who executed the foregoing instrument, and acknowledged before me tha! they executed the same for the Rurposes rh- rein expressed. And the said E sth~r L, . Burton ~ f::fe of the sa~d - T ~ Y Bu r ton upon,i sepsr~t.e and private ~ e•~m~natlo~ by me taien seoarate and apart from her sa]d husband, acknowledged to and before me that she executed said inSWrpent freely and voluo- ~ ~-,~y and w~thovt any compulsion, constraint, appre n ~on, o fear of or from Ixr said husband. i1 ~ June - c , ~YITNESS my ha~d and official seal this day ~1. D._:19~2 ~ • • - atary Public in e ior the 5 d';Fbr' _ t Lsrye . ~ My Commissi expi~es: ? ~ ~ Retum To: ~ - ~ ~ First Fede~al Savings S loan Associat,on ~ ~ Or : ort P ~•ree. ' ' Fort P:•_r['r, Fiu~[da n ~ FILED ~.y!` "~C~~~EO ~ ST LlC EL~_;`~jRAS~A. ~ ~ ~t0:,c. ( ~ C:ERti Ct-,;:U;T CDtlRT ~ This Instrument Prepared By lohn ~C. Collins P,ECO~•C~VF?~-!~~-~-~-~"" First Federal Savings & loan Association 2 SS i~~~~ ~ ~ of Fort Pierce , Florida J~ ~j j ~ ~ Checked By •~a3~r~~`~ S ~ l~r ~ BaaK 203 P~~~i30 ; s ~ - ~ - - - - ~r ~'r 'y' . . .i I ~ ~ r"}rs~{' ~ ?.,4 I~ ae~~~~ V~'. ~ ~ruXt- . k~ ~•~R-~ ~ - ~~~V a{ _ ~ s~ ~ ~ . ~i . . _ . z~ `r3 .'r.c'A~L.- . _