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Home My WebLink About1925 3. To p'ace and cominuousty keep or~ ~he b~i'd~n9s now or herrafrer a~t~afe on ;~id land and on al~ eq:,1p~.,em and personally covered by ihis mor egr, w~h ai~ p~en,~;,:~~s thrreo~ pa d in full, l~re in:~r~nce ~n ihe us.~al st,nda~d po~~cy form, in a aum a~.praled by the MOR~GAGEE, a~~d windsto fnsurancr i~ rha us~al sfanda~d pot•cy 1orm, in a wm epproved ~y ihr MORTGAGEE, in such co~~~pany or compan~es as the ASO~TvAGEE m d:rect: and all 1~re and w~nds~orm insurance poGc~es on any of said ~iid~nys, any interast therein or pa~t thareof, in the aggrego~e sum afo~esa~d in excess thereof, shs!1 :ontoin ~he us~al srandard morrgagee uause or such other clause as 1he Mortgagee may ~equ~ra, making the Ioss undar s~~d po ces, each and uvery, paY.~ble to said A~ORTGAGEE as ~ts iroerest may appear, and each and every :uch po:~c~ shall be promptty ass g~~ed and drtivered : an~ iuiJ by ss~d LtORfGAGEE as (urther security to said n~,ortga9e deut, and, net :ess than !en (10) days in ~d+ance of the eapuat~on of each policy, to d~ I;ver to s:~~d S10RTG:.GEE a renewal thcrcof, toge~hrr wah a ~ece~pt for the premium of such renewa~; and there sha!I be no fue or w~~~dstoam insuranc p!aced on any oi sa~d b~~'.d~•~gs, any inrerest therein or pa~t thrreof, un!rss in the form and with the loss payaole as aforesaid; and in the event any sun oi money beco~~~cs p~ya~Ie undet s~ch poticy or policies said MORTGAGEE shaSl have the opt~on lo rece~ve and app!y the same on accou:~~ of the indabt~d n~•ss sec:.+eJ har~by or to perrn~t sa~d MORTGAGORS to reeei~r and use it a any p.~rt the:rof tor o~ntr ~.ury:osrs. .•.~~~~o::t ~h~•~ or .v.,w~ ~3 cr ~~~.p~~r ing any equ:ty, Ilen or right under or by virlue ot this mcctgage; and in the event sa~d MORTGAGORS shaU `.or any reanon fail to keep the said p~emis~~s so ;nsurrd, o~ f<,il to d_!~~er pro~nptly any of sa~d pol~cirs o) insurance to sa:d MORTGAGEE, or fail p:omptly to pay (u1:y any premi~m theretor or ~n a~y resFecr faii to perSorm, dncharge, e:ecute, e(fect, complete, comply wi~h and a5ide by this cove~ant, o~ any pan hareof, sa~d IdGRTGAGff may piace a~d pe; for such insur.~nce or any part thereof w~thout waiving or affecting any opi~on, lien, equ~~y, or rigM under or b~r virtve of fhis Mortgage, a~d thc t~!I amovnt of each and e.ery svch payment shall be im.mediately due and pa~abte and shail bra~ interest from tha date Ihereoi uroil p~id at the rate ol •.:;e per crnrwn per ar.~u~n and tu~rth~•r with such interest shaii be sewred by the lieo of th~s mortgage. d. To pern,~t, commit w suffer no waste, impairmeni or detenoration of said property or any part thereof. 5. To p~y all a~d singutar the costs, charges and expenses, includ~ng a reasonab!e atromey's fee and costs of abstracts of titfe, incurred or paid at •~,r ri~, by s~.d ~.SORiGAG:E, because or in ihe evero of the ia~iure on the part of the said MORTGAGOR to duly, prompt{y and fully perform, d~sc:~arge. .•:w~e, efiec~, comp:ete, to•nply wuh and ab.de by each and every the st~p~lanons, agreements, condinons, and covenants of said p~o:o~ssory note and this ,,~rrgage any or e~fher, and sa.d cosrs, charges and eapenses, each and every, shall be immediate:y due and payable; whether or not there be not~ce dr ~.,•~d, atte~~~pt to cotircr or sui~ pe~xl:ng; and tne fuH amount of each and every wch paymem shall bea~ inrerest f~om the date thereof until paid at ~he ~ o~ n~~~e pe: cen:~~~n F,~~r ~m:~: ~r, and alh said costs, charges and cxprns<s incuned or paid, ?ogether w~th such interest, shall be setured by Ihe lien of thi~ mortgage. 6. That (a) in thr event of any breach of this Mortgage or default on tF~ part of the h10RTGAGOR, or ;b) in the event any of sa:d sums of money } rre~n referr~~ to b.~ not pro~~~ptiy ar.d fully paid within thuty (30) days next aite~ the same severa!!y betome due and payable, without demand or notite, _r ,c) in ~hr event e~ch ano every the st~puiaTio~s, agreemeNS, cond+tions and covenaros of sa.d promissory note and th~s mortgage any or either are not iu:y, promptly and lulty pe~formed, d scha~g•=d, ezecuted. effeded, compieted, compGed with and ab~ded Sy, then in e+ther or any such evenf the said ag ;•~yata svm menno:~ed in said promissory nete then remaini~g ~npaid, with intere,t accrued, and a0 moneys secured hereby, shall become due and pay ~ for~hwith, or ~here~frer, at the ept~on of said h10RiGAGEE, as fully and completely as ii all o( the said sums of money were onginslly st~putated be pa.d on such d~y, anything in sa.d prom~ssory note or in ~his Mortgage to the contrary nor.vithstand~n9; and thereupon or thereafter at the option of ~.i 1dUkTGAGEE, wi~hovt nor~ce or demand, suit at law or in equity, therefore or thereafier begvn, may be prosecuted as if all moneys secured hereby ,i n a:ured prior to rts institution. • 7. Ti:st ;n the event rhat at the 6eginn;ng of or at any time pending any su~t upon this Mortgage, o~ to foreclose if, or to reform it, or ro enforce .,.:•,em ef any ti~hns he~eund~~r, said 1dORTGAGEE shall appty to the Co~rt having ~ur~sd:ct~on thereof for the appaniment of a Receiver, such Court shail ~:w~th appoint a receiver of Said mortgaged prOperty ail and singular, intiud~ng ail and singular the income, p~of~ts, iswes and revenuei from whaTever s,•ce dan•~rd, each ar.d every of wle:ch, ~t be~ng express~y undersrood, is hereoy morrgaged as if spec~ficalty set for?h and described in the g~anting and ~ rndum c'a,,ses her-_of, and s~ch Receiver sha? have alf the broad and eff~t~ve f~nct,o~~s a~d powers in anywne entrusted by a Cou~t to a Receiver, and ,ppcins,:~ent sha:: be made by svch Court as an admirted equity and a matter of absolute r~gM to sa~d hSpRiGAGEE, and without reference to the :~_~__cy or ~nadequacy of the vafue oi the property mortgaged or to the so:vency or ~nso~.ency of sa:d fdORiGAGOR o~ the defendants, and th3t svch ~ •5. Ntofits, inco~ne, ~ssues and revenues shail be appiied by such Recriver accord,~~g to the ~ien or equity of said MORTGAGEE and the practice of such ~.~.J(~. 8. To du'y, p~cmpt~y and iul!y perfo~m, d~st~arge, execute, effect, compfete, comply with and abide by each and every the stipulations, agreements, :d~t~cns and covenar.ts ~n sa~d promissory note and this mortgage set forth. 9. That in the event the owne.ship of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the Y~RTGAGEr, ~}s wccessors ar.d ass~gns, may, wirhout no+ice to the MORTGAOR, deai with svch successor w successor in inte~est wi~h refere~ce to this •~•tgagc urd the dect he:eby secured in the same manner as with Mortgagor without in any way vit~ating or d~xharging the Mortgagors' liability her~ .:ier or upon sh~ det,t ht•reby s<~w~ed. No saie of Ihe Fremises hereby mortgaged and no forbearance on the part of the MORiGAGEE or its successors ass~~~~z and no ettervon of the tune fw the payment of the debt hereby secured given by the ~AORTGAGEE or its suttessws or assigns, ahall operate o re-e,se, d:scha*ge, mod~fy change er affect the orig~nal liab~lity of the NORTGAGOR here:n, either in whole or in part. 10. It is specr~~c.aliy rgreed that time is of the eszence of this contract ar.d that no waiver of any o6Gga~~on hereunder or of the obligation se- c.:r_-d F.are6y snai; at an~ ti:-:e thc~reafter be he!d to be a wai~er of the terms hereof or of the instrument secured herby_ 11. L, ,:;6:! r ~~!o th~ ;orege :iq month!y paym_nts of princ'pal and intrrest requ~red by the pram'sscry no'e secured hereby, morigagor covenants aa~c~s rn ;;ay to ~•.u•rgagee v.~th each rnonfh`y pay:.~ent an add~rional sum cst~n-ared by mc:tgagee to be equal to 1,: 12 of the annuat cost of the fo~low- A-A!I r~a~ ;;rop~:rry fax~s ~evied or assessed agai•~st th: above described r,-al estate. 6 F:. ~,•~s o~ f~~e and w~ndsto•+n ~nwrarce as here~n rcqu:red to be carri~•d en the ~mrroveme~ts s;tuate on the above d_scribed premises. j C P~_ ~:v:~ s o~ svch m.ort~_,ge guaranty ir.sure~.ce as morryagee shall frc+* Yme to t~me deern fit to carry on the toan secured hereby. ' %l:or!g,,g~-e s=~;' j.c:n r~ n~ ro ~~me notify~ mortyago~ in writ~ng of the a^~ouot d~r and payab~e hereundrr and such w~n shail thereupor. be due and i ,.:~,'e o~~ ?h~• cl,,r ef :h~ nrxr month:y pay~nent a:~d each successive month thereafter ur.tii mo~tgagee shaif not~fy mortgagor of a change in such 4 ,rt. Su_h su~ns s~ i be app`ied by mortgag~e toward the payment of reaf property taxes, insura~ue prem,ums, a~~d mortgage guaranty insurance ; +~~~ms. ~ IN l'1t7PJE~S ':+HERzOF, the said MORTGAGOR has hereumo set his har,d and seal the day and year firs ~aforesaid. ' ~ Signad, Seaird a~~d dC'i~ered in the przser.te of: ~ ~~~-a. . l: Seal) Do J. rutchfield ~~aq ~ ~ ckaq 3 - ($eap _ "=.iE Of FLORIDA t } 55. >U'dTY OF ~L ~LIL ~ Before me personatly appeared _ DO~~l.a3 ~l Cruteh£ield and Lillian H. Crutehfield h;s wife, ~o me well known and known ,o to ~ ind+~dua:s described '+n and who executed the foregoing instrument, and ack~owledged before me that they executed the same fw the purposes i !~a'e~n e~cpressed. And the said_ _ L~Zli3T1 H Grutehfield of ~h> sad ~011~.8S ~J. Crutehfield , upon a sep+~ate+nd ~rjvste .~~n na•~on by me +aien :eparate and apart from her said husband, acknowledged to and before me that she eaecuted said instrumery-fiee(y.and'vAlen- Y a~,d w~vhcut any co~npulsio~, constraint, apprehens;pn, or fear of or from I r said husband. ~ ~ - / " ~ ia. qq \'r1TNc55 my hand and official seal this___ day of t -,?/~1'P._~19_r-~ ' ~ ' ~4.;..~~,,.~ 1.:_. C~ ~ - ~ _ ~ - Notary Public in and for the State o~lorida, it larga.. ' My Comm~ssion expires: Ret~rn To: . F~:sr Fed=ra~ Savings b loan Associat~on ~pbry • . - . • i ; ~ Of ic•t P.,c.~. ~ ~ G,T,. .r~ ~ , ~t, 1y13 Fort F:_•:ce. Ficr~do ri~eo ~KC ~fcoROEo iT. WCiE ^OUMTY FLA. This Instrument Prepared By J. H. ROb62'ts~ Jr. aOGEF o'?~jR~S L Fir;t Federa! Savin s& Loan Association CIERK C~~ ~t;~~ C"vURT ~ 9 RFCr_+a'+ vr• t~sEQ~ of Fort Pierce ~ Florida Checked BY ~ Z~ 9 ~s an ~tZ aooK ~5 2363'79 ~ . ~ ls - - - - _ ~