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Home My WebLink About0714 3. To p!ace and cont~nuously keep on fhe bui!d~ngs now or hereafter ~i~uate on said land and on all equ~pmeM and perso~ally covered by this ma age, wi~h rJl prrmiums tl~ereon pa~d in fult, fire insurancu in Ihe usual standard pahty forT, in a w~n aFp~cved by ~he MOR~GAGEE, and windsto ~nswance in ~ha vwal standa~d poLcy iorm, in a~ sum approved by the MORTGAGFE, in such campany or companies as the MORTGAGEE m d~rect; and all fire and w~ndsto~m insurance {~olicies on any of said build~ngs, any iroe~est therein or part Ihereof, in the aggregate sum aforesaid in exces: ~hr.eof, shall coneain ~he us~al standard mortgagee clause or such o~Fxr ctausa as ~he Morrga9ea ~nay requ~rs, makirg the loss undn s~~d po c;es, each and every, payab!e to said ~110RTGAGEE as ~ts imereat may appear, and each and every wch po~~cy shaU be promptly ass gned and deGvered ~ any held by sa~d h10RiGAGEE as (urther security to sa~d mortgage debt. and, not less lhan ten (10) days in advance of the expiration of each policy, to d. i~ver to said 510R~GAGfE a renewal thereof, togerhar with a rece+pt for the p~emium of such renewal; and Ihere shall be ~o i~re or winds~or~n insuranc p!aced on any of sa~d build~~gs, any inte:est there~n or part thereof, unless in tlx form and with the loss payabte as aforesaid: and in the event any sun of money becomes payab~e under wch policy w policies said MORTGAvEf shall have tAe opt~on to receive and apply the same on acaounl ol the indebted n~ss sccu.eJ he~eby w to prrmit sa~d MORTGAGORS to receive and use it p~ any parl the:eof for o~i,~r pur; cses, v.~~ho~t ih~r<~~ wai~in3 er m,pair ~~g any equ~ty, lien a right unde~ w by virtue of this mo-:gage; and in Ihe evenl sa:d MORTGAGORS shall !o~ any reason fail to Reep the said p~emisrs w ~nsurcd, or fail to delive~ promprly any of said pol~cies of insuran~e to sa]d MORTGAGEE, or fad p~~mptly ro pay fu~fy any pre~~~ium therefw w in a~y respect fa~l eo perForm, d~scharge, execu~e, eifect, complete, comply wi~h and abide by th~i cove~ant, or any par~ hrreof, said MGRTGAGEE may place a~~d pay for such inwrance or any pait thereof w~thout waivi~g or affecting any option, tien, equYy, or righr u~de? o? by virfue of fhis Mo~tgage, and ~he f~tl d~no~m o( eath and ev~ery such payment shall be immediately due and payable and shall bear inte~eat from ~ha date thereof u~iil paid at the rate of ~~~ne per cenWm per annum and to~ether with such interest shafi be setured by the lien of this mortgage. t. To permit, commit or suffer no waate, impairment or deterioration of said property w any part thereof. 5. To pay all and singular the costs, charges and expenses, inctuding a reasonable atto~ney's fee and cos~s of abst~atts of title, intur~ed oi paid at ~~y t~~,:e by s~id MORiGAG'.E, because a in the eve~t of the fa~lure on Ihe part of ~he said MORTGAGOR to duly, pro:nptly and fully perform, dixharge. :~cc~te, effeU, comp~ete, tomply w~th and ab:de by each and eve?y the stipulat~oru, agreemenes, conditions, and covenants of said promissory note and th;s *:orrqage any or ~,r?rer, and sa~d costs, cha~ges and expenses, each and every, shall be immediately due and payable; whe~her w not there be notice de ,r.d, atrempt io collect or suit pend~ng; and the fvll amount of each and every svch paymeM shall bear interesf from Ifie date thereof until paid at iht r, os n~ne ~xr centum per am,u:n; and at! said tosts, cha.ges and ex~~ses incurred o~ paid, together with suth intecest, shall be secured by the lien of thi~ rr.ortgage. 6. That (a) in the e~ent of any breath of this Mortgage or default on the parl of ~he h10RTGAGOR, or (b) in the event any of said sums of money 1 e.ein re~errrd to be not promptly and fully paid wi~hin th~ry (30) days next after the same severat~y become due and payable, withoul demand or notice, !c) in thr evem each and every the stipulatlons, agreemeNS, cond~tions and coveoa~ts of sa:d promissory note and thts mortgage any w eilher are oot + i~!y, prompr{y and fully performed, d scharged, execu~ed, effected, completed, complied with and ab~ded by, tFxn in either o? any such event the sa~d ag ar<gate svm menr~oned in said promisswy note then remaining unpa~d, with iroerest accrued, and all moneys secured hereby, shall become due and pay- ~o'c (orthwith, or thereafter, at the option of said MORTGAGEE, as fuily and comptetety as ii alt of the said sums of money were aiginally st~pulated 'o br pa:d on such day, anything in sa(d prom~ssory oote w in this Mortgage to the contrary norwithstandu~g; and thereupon or lhereafter at the option of s~.;J MpRTGAGEE, vv~~hnut nor~ce o~ demand, suit at ~aw or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby n:d mas~red pnor to ~ts institution. 7_ That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to fweclose it, or to refwm it, o~ to enforte r.,iment oF any c{a;~,s ha.eunder, said MORTGAGEE shall apply to the Court havi~g jur~sd~a~rn thereof (or the appointment of a Raceiver, such Co~rf shall r~~~hwirh appo~M a receiver of said morigaged property all and singutar, indud~ng all and singu~ar the income, profits, issues and revenues Irom whatever -.•ce derived, each and every of wh~ch, ir be~ng expressly understood, is hereby morrgaged as if speufically set fath and destribed in the graroing and i•:;en~vm c!auses herc-of, and such Receiver shall have all the broad and eifective func:.ons and powers in anywise emrusted by a Court to a Receiver, and s_n appointment shatl be made by such Court as an admitted equity and a matter of absolure right ro said MORTGAGEE, and wirhout reference to the °•?_qu;cy or inadeq~acy of the value of the property mo~tgaged or to the sowency or insotvency of sa~d MORiGAGOR or the defendants, and that such •~~s, psof;ts, incane, issues and revenues shall be applied by such Reteiver according Io the lieo or equity of said MORTGAGEE and fhe p?actice of such Court. 8. To du'y, prompt:y and fully perform, discharge, execute, effect, complete, comply w+th and abide by each and every the stiputatiwis, agreements, .o-.dnions and covenants in sa~d promisswy note and this mortgage set forth. 9. That in the e~ent the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than ihe MORTGAGOR, the :~R7t',AGEE, its successors and assegr.s, may, without notice to the klpRiGAOR, deal with such successor or successor in interes? with reference to this ~•+gagc a~d she d=ut hereby secured in the same manner as with 1Aor~gagor w~thout in any way vitiating a dixha~g+ng the Mwtgagors' liability herr .••d_r or upon the d_bt nereby secured. No sate of the p~emises hereby mortgaged and no forbearance on ~he pa~t of the MORIGAGEE w its sutcessors J .r ass~9ns ar.d no exte~s~on of the time for the payment of the debt hereby secured given by the MORiGAGEE or its successws or au~gns, a~~all operate ro re!ease, d,scharge, modify change or affect the ariginal Ieab;Gty of the N.ORTGAGOR herein, either in whoie w in part. 10. It is spec~fically agreed that time is of the essence of this contract and that ~o waiver ef any ob'~gation hereunder or of the obJigation sr c: •ed hereby shali at any time thereafter be held to be a waiver of the terms hereof or of ihe instrumeN secured he~by. 11. In aud:r.c~ to the forego ng momhly payments of princ'p~! and imerest required by the prom~ssory no!e secured hereby, mortgagor covenants ^ d agr;;es ro~ay to riortgagee ~nith each monthiy payr.}em an add~iipnal wm estimated by mortgagee to be equal to 1,:' 12 of tiie annual cost of ihe follow- A-AI! real propcrty taxas le•i~ed or assessed a~ai•~st th~ above described real estate. E- P::f~:!UT.S on f~re and windstorm iesuracce as herein requ~red to be carried on the improveme~ts s~tuate on the above dascribed p~emises. C-Pre:ei~e~s o~ such mortgage gua~anty ir.surance as mortgagee shall from t me to time deem fit to carry on the loan secured hereby. :lorrgagee sha!t from y(me to time norify morrgagor in writ~ng of the arnounf due and payable hereundrr and such surn shall thereupon be due and ab;e on th,: ;t~e cote of rhe next mont~~!y payment and each successive month ihereafier ur.til mortgagee sha11 notify mortgagor of a change in such >.,nr. Such su~rs sha:f be app!ied by mortgagee toward the payment of reat property taxes, insurance prem;ums, a~tid mortgage guaranly insu?ance r•mum5. IN V~ITt~ YrHEREOf, the said RTGAGOR has hereunto set his hand and seal the day and r first af resaid. ~ 5~ ed, al liver ' the esence of: _ / , alj _ e Hunter ~~si~ ~ f5eaq - Wilma E. Nunter ~$eal) ~"HTE OF fLORIDA 1 $L . L11C1@ i S5. ~ )U:'JTY OP i Before me perso~aily appeared ~e Hunter and Wi lma E Hunter his wiie, to me well known and known to me to be ~ ir.d~~idvafs described in and who execured the foregoing irest~ument, and acknowledged before me that they e:ecuted 1he same for the purposes 'he-ein expresied. And the said H111IDd E Hunter . + . j~ of the sa~d ~e Hunter ~ ' upon bseparate and private •-•a~n~nar:on by me taEe~ separate and apart from her said husband, acknowledged to and before me that she ex2Goted'said iwsirument freely and votuo- ~ and w~rhout any compulsion, constrainf, apprehens~on, or fear of or from Fie~ said husband. ` 14th Au ust ' ~?JTNFSS my hand and offFual seal this_ day of - A. D. 19 72 Notary Public in and for 1lir~'Sta of fl0rida a[ tarpe My Comm~ssion expires: ~ ' , ~ . . Return To: .i First Federai Savings 3 loan Associat~on . ' ~ Of ~u~r P~-c<. NOTARY t'UA!!G, ~1dTf et iIORIDA at LARGE Fo~r P~erce. F(or~d3 MY COM!; f3~: i~ E' .~.'E~ S.PT. 25, 1975t Bonded By Amcnccn u.n~ers Insu~nC~ Cq~ I Thi; Instrument Prepared By fIIED AN~ P.ECORO~D i ,J. H. Roberts, Jr. First Fecieral Savings 8~ Loan Association ST. LUCIC COtlNTY F A. of Fort Pierce~ Flotida CLER C~~•:LUtT C URT ~ ~ ' RECQpC v::. =~r~~ ; - Checked By Auc Ifi 10 3o AH'72 BO~K ~•v5 PAGE .714 ;~35489 ~y{ ~v:v..~ , ~ e _ . _ . _ . ~ _ w. :Sc_`~-~ . _ _ .z? -,s