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Home My WebLink About2694 ' { 3. To place and conrinuously keep on Ihe bui!d6r,gs now o~ hereaiter ~~tuate on sa~d ~and and on ail eq~ip~nent and perso~ally covered by this mor age, with all prem~urns thereon pa;d in fuU, fue insuferr_e ~n the usual standard po!icy form, in a sum app~oved by the A~OR~3AGEE, and windsto ~nsurance in ihe us.,al srandard po:.cy fonn, in a sum approvrd by the MORTGAGEE, i~ such company er tompanies as ~he MORiGAGEE m direc?; and all tire and wu~ds~orm insurance poi(c~es an any o( said buitd~ngs, a~y ~nterest the~e~n or par? lh:reol, in the aggregate oum afo~esa~d in excess thereof, st~aU :om~in Ihe ~s~al star.dard morlgagea clause or such other clause as the 6lorsgagee may ~equ~~e, making thz ioss undrr sa~d po c~es, eath and every, paya5'.e to said A1pRiGAGEE as ~ti intcrest may appear, and eath and eve~y such Fo~~c,r shatt be promptly ass g~ird and delive~ed ~ any held by safd MORiGAGEE as funh:r security to aa3d ,nongage dzbt, and, ~ot less than ten (10) days in advance of the exp~ral~on of each policy, to d- Gver lo sa~d h10RiGAGEE a renewal ~hereoi, together with a rece~pt for the premivm of such renewaf; and there shatt-be no i~re or ~r~~~dstor~o inwronc p!aced on any oi ia~d bu~ldings, any interest therein or part thereo%, orless in rhe form and with i},o toss payable as afcresaid; and in the e~ent any sun of money becomes papabte undrr such policy or pol~cies said MORTGAGEE shall have the ophon to reca~ve and ap~:!y the same on account oi the indr5~~d ness securzd her~by or ro perm~t said ~hORTGAGORS to rete~ve and use it w any pa~t th:_:eof tor o:ii<r ~.ur,_ ~srs, ~~:r ~h ,,rai~•~ c. , n;~,.v mg any equ~ty, lien o~ ~~ght undea or by v;rrue of this mo:tgage; and in the event sa:d MORTGAGORS sha!1 !o~ any reason fail fo keep Ihe sa~d p~emisaa so ~~sured. or fa~l to del~ver promptly any of said poGeies of insuran~e to sa~d MORTGAGEE, or f~i! p:umptty to pay (u~ly any pren~i~~n therefor or in a~y reap~~c~ fail to pe~fo~m, d~s:harge, execut~-, eliect, compieta, cocnply with and ab+de by this tove~~nt, or any par~ hereof, said MORTGAGEE may piace a~o pay fw such insur.,nce or any part thereof w~fF~out waiving or aifecting any opt~on, lien, equ:fr, or righi under o~ by vi~rue of ~his Mortgage, and nc~ f~ll amount of each and eve~y such payment shall be immediately due and payabte and shatl bear interest from the date thercof unril paid at the rate ol n~ne per centum per annum onJ to~_~th.r v~~th such inter~st shali be sacured by the Gen of this mo~tgage. 4. To permi?, commit or suffer no waste, impairmen! w deterioration of said pioperty or any part the?eof. 5. To pay all and singular the costs, charges and expe~ses, includi~g a reasonable anorney's fee and cests of abstracts oi title, incurred or paid at any tLr.e 5y sa~d MORTGAG'_E, because o~ in ~he event of the failure on the parf o4 ~he said MORiGAGOR ro duty, promptly and fu;ly perform, d~scharge, e.ec~te, elfect, complete, co~nply w~th and ab,de by each and every the stipu~auons, agrerments, conditions, and covenants of said pro~r'ssa+y note and this mortgage any o? ei~her, and sa?d costs, charges and expenses, each and every, shall be immedialely due and payabte; whe~her w not there be ~orice da ~ ~~and, attempt to coNecf or suit pend+ng; a~d ehe !uN amounf o! each and eYery such paymem shall bear interest from ihe date thereof uniil paid at Ihe ~.~+e of rine per ccn~um per anuu.n; ~nd a11 said costa, charges and expenses incurred or paid, together w~th suth interest, shall be secured by the lien of Ih~s mortgage. 6. That (a) in the evenl of any breach oF rh~s Mortgage or default on tY~ part of the MORTGAGOR, or (b) in the event any oI sa:d sums of money herein refer~ed to be not p~ompily and fully paid wiihin thnty (30) days ~ext afte~ the same severa!Iy become due and payable, wiihout demand or notice, er (y in thr event each and every the stipulat~ons, agreemeros, tonditions and tovenants ot sa.d promissory note and th~s mortgage any o? ei~her are not iu:y, promptly and iully performed, d:scharged, execwed, effected, compteted, compl~ed wi~h and ab~ded Sy, then in e~ther or any such evmt the sa~d ag g~~~gate sum ment~oned in said pronussory ncte ~hen remaining unpa;d, with interest accrued, and ail moneys secured hereby, shafl become due and pay ab e fo~~hwith, or thereafter, at the opt~on of said MORiGAGEE, as (ully and compfefely as ii all of ~hr sa~d s~R~s of money were onginatly sttp~lated to be pa[d on such dey, anything in sa.d pro~n~ssory note or in this Mortgage to ~he contrary notovithstand~ng; and ~h~reupon or thereafter at the op~~o~i of sa.d MORTGAGEE, withous nof~ce or demand, suit at law or in equity, therefore or tAereafter begun, may be prosecuted as if a!I moneys secured hereby n_d matured pnor ro~ts inst~tution. 7. That in the event that at the beginn~ng of w at any time peridi~g any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce F:~yment of any claims hereund:r, said IdORTGAGEE shall apply to the Court having jur~sd;ction ~hereof for fhe appomtment of a Receiver, such ~ourr shaf! rc.rhwish appo:nt a.eceiver of said mortgaged property all and singular, inclvd~ng all and singular rt~e income, p~of~~s, i:wes and revenues from whatever s~~~rce tltrived, each and every of whlch, it bcing expressty underitoai, is hereby mortgaged as if spec=fically set forth and described in the granting and h.~E>endum ttauses hereof, and such Receiver shat~ have al! the broad and effetri~e funr.,ons and powers in anywise emrusted by e Caurt to a Receiver, and s.ch appointment shalt be n.ade by wch Co~rt as an ad:nift~ eq~ity and a matter of absolute r~gM to sald MORiGAGEE, and without reference to the adequacy or inadequacy of the vatve of the property mortgaged or to the soivency or i~iso~ve~cy of ;Jid RRORiGAGOR w the defendants, and that S~ch ; e•,rs, proti~s, inco~ne, iss~es and rerenues shall be applied by such Receiver accordh~g to the lien or equity oi said MORTGAGEE and the practice of such Court. 8_ To duly, promptly and (ully perform, discharge, execute, effect, complete, comply with and abide by each and every the stiputations, agreements, :er,ditiorts and covenants in sa~d promissory note and this mortgage set forth. 9. That in the evem the ownership of the mortgaged premises, or any part thereof, Eecomes vested in a pe~son other than the MORTGAGOR, the :'ORTGAGEE, its wtcessors and assigns, may, without notite to the MORTGAOR, dea! with s~th sutcessor ot Successor in interest with referente to this ~ o-igage and rhe deur hereby sec~red in the same manner as with Mortgagor w;thou? in any ~vay vit~ating w d~scharging the /~Aortgagors' liability here- under or upon the debt hereby secured. No sa',e of the premises hereby mortgaged and no forbea~ance on the part oi the 1dOR7GAGEE or its successors or assigns and no exrension of rhe tlme for The paymem of the debt h>re6y secured given by the ~hORTGAGEE or its successors or ass~gns, a~~al) ope~ate r~ re~ease, d:scharge, mod~fy change of affect the orig~nal IianlGty of the MORTGAGOR herein, either in whole or in part. 10. It is specifica~fy agreed rhat time is of the essence of t~:s contratt and that no waiver of any obligation hereunder or of the obligation se- c~red hereby shah at any time thereafter ~ he:d to be a waiver of the terms hereof or of the insrrument secured herby. I 1. In 3CIC~~tiG 1 to the fore3e'n~ ~r~onth'y paym~nts of princ pal and interest requ~red by the prom:sscry note set~red hereby, mortgagor eovenants 3~,d agrces to pay to n.o-tgaqee v.~~h each ~~omhiy pay~nent an add~rional sum est~:i~a~ed by mortg~gee to be eyual to l, 12 of the annual cost of the follow- ,y: A-All real ~;ropcrty ta,c~s Ic~n=~ cr assessed aga~•zst th~ above described real estate. B-Promiums on fire and vrindsrorm ~nsvrar._e as hercin requ:red to be carr~ed cn the improveme~ts situate on th~ abovc destribed premises. C-Premiums on wch mortg ;ge guaranty ir.surance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mo~tgagee sha:I jrem r~-n~ ro t~ne notify mo.rgagor m writing of the amou~t due and payahle hereurtdrr and such sum sha!I thereupon be due and ; iyable on the due dare ef th~ ne,rt mOM~t/ payn,~nt and each successive month thereafrcr ur.rit mortgagee shall no?;fy mortgago~ of a change in such , :.cunt. Such sums shaif be aFF,!ird by mortgagee toward the payment of real property taaes, insutance prem:ums, dnd morigage guaranty insurance ~ c~~emiums. - r IN \~ITPlESS :'+HERidf, the sa~d btOR7GAGOR has h~reunto set his hand a~d seal the day and year first aforesaid_ ; I~ Signed, Sealed and iv ed in the presence of: ' ~ G i ` LlOyd Ta ~aq ' ~ ~ r - (Sea1) , ~ - - -!Seal) Clotilde F . Taylor ~ 5 i ATE OF FLORIDA ~ St I,ucie ~.7UNTY OF • ~ i ~ Before me personally appeared _ L10YCI TaYlOI - a~~ 7 ~ ClOt~lde F• Ta~/~OL his wife, to me well known and known to me fo be i rhe individuals described in and who executed the foregoing instrument, and atknowledged before me that they executed the same fw the purposes ; rh~rein expressed. And the :~~a_ Cioti2de F. T~3/lOX } ~ r::fe of the ~~a _ Lloyd Taylor . i upon s ~e~rete;and private i e~am,nat~on by me ta4en separate and aNart from her said husband, acknowledged to and before me that she executed said instryfierit~,jr2ely~arqc~ volum ra-~iy and w~thout any compuis~on, constraint, appreh si r~,~or fear of or from r said husband. ~ ~~`,..,~.:'•;t • . f WITNESS my hand and offiual seal this_ ' day of ~ . 'i (qt`j,~Uq *3_ : ~ i ~ ~ ~ P d • ( Notary Public in nd/fw the ~tt 3f Fioride~t Lar~e " ~ My Commission exA(res:~ j5~~~ J~ E ~ _ ~ ; Return To: ~ ) ~V''. R ~ - i First Federal Savings b Loan Association ~ y~.' _ ~ ~ ~ , . ~ ~ , j.•;~'.~... c ~ Of Fort P erce. ~ fa-~STAZ~ ~ ~ Fo.t Pierce, Ftcr~ds r pN!~ tiECOROED ~,''',r..~~~~...~`' . j 51`~uC?E COUNZY F~A. ` ROGER PO?TRAS L ' i This Instrument Pre ared B J.H. Roberts CIERK COURt i First Federal Savings 8~ l an Ass ciation ~'~~~QR? vf Q E ' of Fort Pierce ~ RloYida ~ 3 ~p ~6 pN ~~Z f ~ Checked By 2~12~1 BDOK~O~ ~'AGE~~ I ~ h ~ i ' ~ ' ` fr~' ~ - = - - - - y ^ ~ , Yr ~~.-~.a, . D . -