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Home My WebLink About2867 3. To place and contin~o~sly keep on the bu~'d~~gs now or hereaf~er s~tuate on sa~d ~a~d and on ali equ~p~nent and personalty covered by this ma age, w:th all pitm~umi thrreon pald in iull, tire insurancr in the usua{ standard po:ity tonn, in a wm app~o+ed by the MOR~GAGEE, a~~d w~ndsto ~nsuranca in ~ha usual standa~d poi.cy form, in a s~m' approvcd by the MORTGAGEE, in such c~mpany o~ compan~es as ihe h10RTGAGEE m d~~ecr; and aU (ire and w~ndstorm insurance poliues on any of said bu~~d~ngs, any inrerest therein or part thr~eol, in the aggrega~e sum aforesaid in excess th~~reof, shall :ontain the usval standard mo~rgagee dause or such oiher dause as ~he Mortyagee may requ~re, maMing ~hr ~oas undrr sa~d po c~es, each and every, pay~b!e to said MORTGAGEE as its interrst may appear, and each ar.d every such po~icy ihall be promptty assgned and de~ivered t an~ held by sa~d ~titORtGnGEE as funher security to said mor~gage d?bt, and, nol less Ihan len (10) days in advante of the expirat~on of each poliCy, to d~ I~~e~ ro said MORSGAGEE a renewal thereof, together with a rece~pt for the premium of such renewal; and ~here shail br no f~re or windstC~m inwranc placed on any oi sa~d build~ngs, any interest therein or pait thereof, un!ess in ~he form and w~fh the Ioss payaGle as afo~esaid; and in the eveM any sun of niuney becomes p~yable i~ndei s~ch policy or pol~ues said MORTGAGEE shall have ~he opt~o~ to rece~ve and app:y the same on accou+v o( the indrbtrd n~•ss securrd ha~.rby w to petmit said MORTGAGORS ro receive and use it o~ any parl ~hereof fw o:i~•:r y~r;.~s~s, ,v:~iio::l th_.~u~ •.v.:+.~~~ cr ~'~~p..~~ Ing any eq~..~ty, li~n or ri9ht undar or by virtue of Ihis mo:tgage; and in ~he event sa:d MORTGAGORS shall for any reasan fail to wrep Ihe sa~d premises so ~nwr,:d, or fail to d~G~er promptly sny of sa~d po~:ties of insurante to sa~d MORTGAGEE, o~ foil promptly to pay fu~ty any pre~~~i~m therrfor or i~ a~y re:pzct fail to perform, d•scharge, execuie, e(feu, comp~ete, compty wirh and a5~de by this covenant, or any part hrreof, said MORTGAGEE may place a~~d pay for s~ch insu~.;nce or any part thereof without waiving or afiecting any option, lien, equity, or ri~ht u~der o~ by virwe of ihis Mortgage, and thc E fuil amo~N of each and e.erv suth paymeM shall be immediately due and payable and shall ba~r interest 1rom the date thercof until puid at th~ rate of ' ~e per crn~um per a~~nu:n ~nJ to~at~~er nith such interest shai+ be secured by 1he lien of this mongage. 0. To permit, commit or suffer no waste, impairme~t or deterioratio~ of said property or any part therrof. 5. To pay all and singutar the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts o( titte, incur~ed or pa~d at !~•ne by sa~d MORiGAG:E, beca~se or in the erent of the failure on the part of ~he said MORTGAGOR to duly, promptly and fully perfwm, d~scharge. a.~ c~te, efiett, comple!e, comply w~th and ab:de by each and eve~y the stipu!ations, agreemeros, condnions, and covenants of said promissory note and this ~ a~tga47e any o~ e~rhrr, and :a+d cost:, charpes and eapenses. each and every, shail be immrdiately due and payable; whether or not there be nOtice da . m,,~,d, attempt ~o coliect or suit pend~ng; and the full amouM of each arx! every such payment shali bear in~eres~ 1rom fhe date thereof until paid a~ the , ~ o' n~~ie uer centu~n p~•r dn~~~~r, an~ aif said tos~s, charqes and expenses incurred or paid, logether ~v~th such interest, shall be secured by the lien o! th~s mor tgage. b. That (a) in th= event of any breach of this Mortgage or default on tlK part of the hSORTGAGOR, or (b) in the event any of sa:d sums of money t,~-~ein referrrd to be not promptly and futly paid within ~h.rty (SJ) days next air_r the sanie severa::y becume d~e and payable, witlwut demand or ~of~ce, cr ic) in thr e+em ~~ach and every the stiputat~ons, agreemenfs, cond~tions a~d covenants of sad promissory note and th~s mortgage any or either are not i~.y, pro~nptly and i~iiy performed, dscharged, eaec~led, ettected, compteted, compl~ed with ar.d ab~d•_d 5y, ~hen in e~ther w any such event the said ag ~ate sum mrnnoned in sa~d promissory ncte then remaining unpa~d, with interest accrued, and atI moneys secured hereby, shall become due ar.d pay a~,.• iorihvr:th, or th_reaftcr, at the option oi said h10RTGAGEE, as fuliy and comptetely as if all of the sa~d sums of money were ong~nally s?~putated o._ pa:d on such d::y, anyth~ng in sa.d prom~ssory note or in this Mortgage ?o the convary nor,~vithstandi~ig; and thereupon or thereafter a~ the op~~on of i• d MORTGAGEE, withc~t not~ce or demand, s~it at law a in equiry, therefore w thereafier begur., may be prosec~ted as if all moneys secured hereby n,d matured pr.o~ to es institu~~on. 7. Ihat in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foretlose it, or to reform it, or to enforce r~yment oi any cloims he.eunder, sa~d MORT;;AGEE shall apply to the Court havi~ig jur~sd;ct~on fhereof 1or the appo~nrment of a Receiver, such ~ourt shall i~.:thwirh appcint a rece~ver of said mortgaged proprrty all and s~~~gular, inc:ud•ng ail and singvlar the ir.come, prof~ts, issues and revenues from whate~er s: ~rte d~r~~ed, each and every of wh:ch, it being expressly understood, is hereby mortgaged as ~f spet~ficatty set torth and described in the granting and i~.•~ndum ctauses hereof, ar.d such Receiver shall have aIl the broad and effecnve funchons and powers in anywise entrusted by a Ccwt ro a Receiver, and s_=h ~ppoln;m~~nt sha:~ be made by svch Court as an admitted eqvity and a matter of absolute r~ghf to said MORTGAGEE, and without reference to the n:,.iv; y or inadequacy of thc valve of the property mortgaged or to the so,venc~ or insotvency of sa~d MORTGAGOR or the defendams, a~d that such •-~s: roiits, income, issues and revenues shafl be applied by such Receiver accord~ng'~o the lien or equity of said MORTGAGEE and the practice of such Caurt. . To dufy, prompt:y and fully perform, d:scharge, execute, effect, complete, compiy with and abide by eath and every the stipulations, agreemenis, ,:.diti r,s and covenams ~n sa~d promissory note and this mortgage set fo~th_ . That in the evc,~t the ownersfiip of the mortgaged prem~ses, cr any part thereof, becomes vested in a pe~son other than the MORTGAGOR, the :~RTGAGEE, its successo.s and ass~gns, may, wirhout notice to the MORTGAOR, deal with such successor w successor in interest with reference to this c•fgage acd she deut hereby secured in the same manner as wi~h Mo~tgagor w~thout in any way vitiating or d~scharg~ng the Mortgagori liability here- - • dar or upen :h~ d~bt fiereoy sec~red. No sale of the premizes hereby mortgaged ar.d no forbearance on the part of the MORiGAGEE or its successors d!5~•]n5 and ^o ex~ens~on of rhe time for the payment of the debi h~reby secured given by the MORTGAGEE or its successors or ass~gns, a~iall operate !o re~ease, d~scharge, modify char.ge or affect the origmal {iabll~ty of the MORiGAGOR herein, either in whole or in part. 1Q It iz spec~F;cally agreed that time is of the essence of this contract and that no waiver of any ob~igat~on hereunder or of the obligat'wn se- c.red hereby shaf~ at an~ time thereafter be he!d to be a waiver of the ttrms hereof or of the instrument secwed herby. 11. {;t ,:i;.~ t.o:~ to ehe forege ng moNh!y pay~nents of princ oal and interest required by the pfom'ssory nore secured hereb/, morfgagar eovenanfs ~ d a~ _cs to Nay to mertgagee w~th each =nonthiy payrnent an add~rional sum estin;ated by mortgagee to be equal to 1; 12 oi the annual tost oi ihe follow- ~ A-:~!t rea' prope~sy taxes ie~ned or assesse:d agai•ist ih~ above describcd real estare. li 6 F•_ : s o,~ I~re and w~ndstorm insuracce as nere~n requ;red to be carried o~ the imrroveme~ti s~tuate on the above d_scribed premises. ~ ; C-Pr~~ n:~~~ s o~ such m.o~tgage•guaraNy ir.s~rar:ce as martgaaee 1:hail from t me to t~me deem fit to carry on the loan secured hereby. j h~.ortg~aee .s'o,'! `.~c=r t1,,:e to time nctifY mortgagor m writ~n~oq the amou~t due and payable hereundrr and s~ch s~~n shall thereupon be due and f ,,F,'e on rh~• ci~_ c.~r•~ of the next moNh:y payment and eacF~ s~cl~sswe month thereafter ~ntil mortgagee shall notify mortgagor of a change in such 1f u~r. S~cl~ su:ns s! ~.i ce appl~ed by mortgagee toward ~he ~ayment of reat property taxes, insura~xe prem:ums, a~~d mortgag~ guaraniy insurance ~ . . ...:wm5. . iti \'J17PJEJ5 :'.HER~OF, the said h50RTGAGOR has hereunto set his hand and scal the day and y first aforesaid. ~S:gned, Sealed and '~rv~ in the presence of: ~ ~ ,Lv~r~+t ~ / ~ ~ (Seal) S.1 "~'I.aaJ.s JIIL `~.J~ l.t: Laura M. Hendricks, a wido~a~~ ~ ~ - . ~ ~ ~ • f . (Seat) ti` (Seaf) ~'.~,TE OF ~1QC Ot110 ~ :U'JTY OF Ct~~~ L`C~AK ~ ~ ~ ` . Before me personaily appeared Laura M. Hendricks a~P1dOMi l' ~ _ ~i ~ to me wetl knov~l~ and.k.iowtt.fo rr~ to~e ~ individ~a descrfbed in and who execu~ed the fwegoing instrument, and acknowledged befwe me that shgr executed~lw~'sa~-;tor-1he -pw~Aaia--- ' i'; ~ , ~ ~ ' rh~rein expressed. ~1n~M+e~sai~- - Vr - k -oF ~i~e yai~ - - ~ ~~y~~~~~%~~ ~ a.rwnswow wre ~ak•_~?-xperefe~d~ eperf irenr ~er -sei~ f~usban~ ~eknv+vledged ta?~an~ befare me ~F~at-sfic execate~ sah~-lrAt?/Mel+~-frete!'T%fidxWteT. _ -+a.»•r.ani ~v:~Moart-a.y. <on~prlaio~reonsaan~ra'PPrehensiee?,b~fr ieei-ofu ~rerer he~ ~a+c~huabend- . • y..,+. , ~ • ,t ~ ~ ~YITNESS my ha~d and offiual seal this_ 1~•~'- _ day of ~ 7 ~ : ~~r, y; ~ Notary Public in and fw the $fate M 7~at Lar~e, . , ~ My Commission e~cp Lrer ~ ~ ~ Ret~rn To: `7iya- y ~t~,~,~. ~ Fint Federal Savings 3 loan Associat~on Of fort P erce. ~ iort Fr_rce. Flor~d3 ~ ELED AMfl RECOROE t~.IUC~E COUIITT FL ~ ROGE~ ?a~TRAS CLERR CIi.GU~T COURT This Instr~ment Prepared By: J. H. Roberts~ Jr. R~COaDYEKIf1E0 First Federal Savings 8 Loan Association ~t ~ 16 3~ . of Fort ~ierce ~ Florida 33450 , r Cnzcked By 2392~9 i ~ Q R t ~ 800!( ~v~ ~'ACE ( lh) ; ~ ~ ~ .,:J: - < - - - - - . . ~ .ti~_._ . . - _