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Home My WebLink About2817 ~ ~ ; 3. To place and conrinuously keep on the bu~'d~ngs now w he~eafter situate on sa~d land aod on ali cquip~nent and personally covered by lhis mor ege, with all premiurns ~hcreon pa.d ~n iull, f~re inwrance in ihe usu31 srandard poticy form, in a su~n opproved by ihe MORiGAGEE, and windsto ~nsurance in the usual srandard pot,cy fo~m, in a sum app~oved by the MORTGAGEE, in suchi cwnpany or companies at the A10RTGAGEE m d~recr, and all fire and w~nJsrorm insurance polic;es on any of sa~d build~ngs, any interest tRerein or part thereoi, in 1he aggrcgate sum aforesaid in excess thereof, shall ;ontain ~he usual standard mOttgagte clause or such other dause as the Mo~tgagee may requ.re, mek~ng tl~ loss under sa~d po c~es, each and every, pay.,b!e to said A10RTGAGEE as ~~s interest may appear, and each and every suth po~icy shall be promptly ass gned and deli~ered i any held by said A10R(GAGEE as funher security to said mortgage debt, and, no1 fe~s than ten (10) days in ad,rance of the expirar~on of each pol~ty, to d~ fver eo said MORIGAC.EE a re~:evval Ihe~eof, toge~her with a receipt for the prrmium of such renewal; and ~here shall be no fire o~ .v~ndsto*m insuranc placed on any of said bvild~ngs, any inreres~ therein w part thereof, untess in the form and with the loss payable as afore:aid; and in the event any sun of money becomes payabte under such policy or policies sa~d MORiGAGEE shall have the op~~on ~o ~eceive and apply the same on account of the indebted 1 ne:s aecured hereby o~ to permit said MORTGAGORS lo receive and use it w any part thereof lor o:h~r p~r~ oses, v~~~i~o.,t ~h_nu~ wai~i,~ or ~~np,;~r ~ ~ng any equ~ty, licn or right under or by virt~e of this mo:'gage; and in the event sa~d MOR~GAGORS shatl {or any reaso~ fail to keep ~he said prem;ses so ~ ~+~swed, o~ fail to deliver prpmptly any of said pol;cies of insu:ante to sa~d MORTGAGEE, or fait promptly to pay f~ily any Fremium thcrefor or in a~y respec~ fail 1o perform, dfscha~ge, execute, efiett, completc, comply with and abide by this covenant, or any part hzreof, said h10RTGAGEE may piace a~~d pay fw such insurante or any part tt~ereof w~thout waiving or affecting any option, lien, equ~ty, or righ~ unde~ o? by virtue of this Mortgage, and the f~ll amount of each and eve~y such payment sha11 be immediately due and payable and shall bear interest from the date theret,: until paid at the rate oi ? nlne per centum per annum and rogciher „vith such iroere3t shat( be secured by the tien of this mortgage. ~ 1. To pe~mit, commit or sufler no waste, impairment w deteriorat;on of said property or any pa~t tS,~eof. S. To pay aN and singutar the costs, thargrs and expenses, ~rr!uding a reasonable aftorney's fee and costs of abstracts o( tit!e, incurred or paid at any time by said h1pRTGAGfE, because w in the eveN of Ihe fa~lure oo the part of the said MORTGAGOR to duty, promptly and futty pertorm, d~xharge, _xecute, effect, complete, comply w~th ar.d ab:de by each and e~ery the stipuiations, agreements, conditions, and covenan?s of sa;d promissory note and ~his n,ortguge any or e~ther, and sald costs, charges and expeases, each and every, shall be immediately due and payable; whether or ~ot there be no~ice d> mand, altempt to co~lect or suit pe~ding; and the tull amount of 4 and every such payme~t shall bea. interest from Ihe date thereot untit paid af the r.~re o+ n~ne per c.:nwm ~;r annu:n; ar~d aii said costs, charges and expenses inturred or paid, toge~her weh suth interest, shall be secured by the Gen of th:s mortgage. 6. That (a) in the eveM of any breach of this Mortgage or defaull on tF~ part of the MORTGAGOR, or ~b} in the event a~y of sa:d sums of money herein referred to be not pranpNy and ful~y paid wiihin thnty (30) days next afrer the same severa'ly become due and payable, without demand o? notice. or (c) in the e~ent each and every the stipulauons, agreemems, tonditions and covenants of sad prom~ssory note and th~s mortgage any or either are not ~u;y, promptly and fully perfprmed, d~scharged, executed, effected, compteted, complied with and ahided Sy, fhen in e~ther w any such event the said ag gr~~gate sum meniioned in said promissory note ~hen remaining unpaid, with interes~ acc~~ed, and all moneys secured hereby, shatl become due and pay n:.~ a forthwith, o. thereafter, at the option of said MORTGAGEE, at fully and completety as ii all oi thr said sums of money were originaily st~pu~ated r~ be pa~d on such d,;y, anything in sa;d pro:»~sso~y nore or in lhis Mongage to fhe contrary not~,v;shsranding; and ~hereupon or thereafser at the aption of s:.ci MORTGAGEE, w~thout norice or demand, suit at law or in equity, therefore or thereaiter begun, may be prosecu:ed as if all moneys secured hereby r.. 3^:_.,;!art pnot fo ~fi initituteon. 7. That in the event that at the beginning of or at any time pend~rg any su;t upon this Moitgage, or to forectose it, or to reform it, or to enforce F~yment of any clalms he+eunder, said A10RTGAGEE shail apply to the Gourt having ~urisd~dion thereof for the appointment of a Receiver, such Court shail fc~th.vith appoint a receiver of said mortgaged property all and singular, indud,ng aU and singutar the income, profits, iswes and rever.ues {rom whatever se„-ce derived, each and every of wh:ch, it bei~g expressly understood, is hereby morsgaged as if spedf,cally set (orth and deuribed in the granring and h:~bendum dauses hereof, and suc`~ Receiver shait have all the broad and effecr~ve funct,o~s and powers in anyw~se entrusted by a Court to a Receiver, and s-:h appointment shalt be made by such Court as an admitted equify and a mafter of absolute right to sa~d MOR7GAGEE, and without reference to the ~dequacy o~ inadequacy of the value ot the property rrwrtgaged or to the so~vency or ~nsolvenry of said MORIGAGOR or the defendants, and that such ,enrs, profits, incane, issues and revenues shal! be applied by such Receiver accord~ng ro~the lien w eq~ity of sa~d MORTGAGEE and the practice of such Court. 8_ To du!dy, promptly and fully perform, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, agreemenis, :onditions a~d tovenanrs in sa~d promissory note and this mortgage set fo~lh. 9. That in the event rhe owne~ship of the mortgaged prernises, w any part thereof, becomes vested in a person other than the MOR7GAGpR, the .•~RTGAGEE, irs wccessors and ass:gns, may, withovt notice to the A10RTGAOR, deat w~th such wccessor or successor in iMerest with reference to this •~•rgage and the d_ot hereby se~~red in the same manner as wi~h Mortgagor without in any way viUating or d~xharging the l~lortgagon' liability her~ ~rder or uf+on th~ debt hereby secared. Mo sa!e of the prem;ses hereby mortgaged and no forb~arance oo the part of the /dORiGAGEE or its successors or ass~gns and no eztension of the time for the paymenr of the deb~ hereby secured given by the MORTGAGEE or its successors or ass~gns, ae~ail pperate ro release, d~scharge, modify ~hange or affect the orig;na! liab~i~ty of fhe MORiGAGOR herein, either in whole or in par?. 10. h is sprc:t~catly agreed that time is oI the essence of this cor.rracr and rhat no waiver of any obligarion hereunder or of the obligation se- c~red hereby shaft at any time ~hrreaher be hetd to be a waiver of ~he terms hereof or of the insrrument sewred herby. I 1. In aJd t~on to the iorego:~ig month!y payments of princ Nal and interest requered by the promisscry +io!e secured hereby, mortgag~r covenants ,~.d agr~s ro pay to mortgagee v.ith each ~~onth~y pay~nent an add~rionat sum esnmared by morrgagee to be equal to 1. 12 of the annual cost of !he follow- . A-AII real properr~ taxas levi~d or assessed against thc above desr.ibed real estate. 6- Fr_•~n~v~:,s on fire and w~r.dstorm insuracce as here~n req~:red to be carried on the ~mproveme~ts s~tuate on the above destribed premi:es. C-Prert,i~rns on such rnort~,ge g~aranty ir.surar,ce as mortgagee sha~~ from Cme to time deem fit ro carry or~ the loan se~ured hereby. IJ;ortgagee s'^.:+~f from hme to r;me notif~ mortgagor in :Y~iKng of the amoun~due and payable hereundrr and such suvi shall th~reupon be due and j c~;able on the d:,r ciafe of the nexr month!y payment and each successive month thereafter uctii mcrtgagee shall not~fy mortgagor of a change in such ~unt. S~ch su~ns sha:i be ap~~:i~d by mortgagee toward the payment of real property tazes, insurance prem:ums, a~d mortgage guaranty insurance ~•rmiums. IN \'JITMESS V.'H~REOF, rhe said MORTGAGOR has hereunto set his ~and and seal the day and year first afore~aid. Signed, Sealed a.~~ ive~ed:i~n the pres ce of: _ / ? , j s C (Seal) 1 y - ' ($2a~~ ! ~ + ~ v ~$Ca~~ Y ($!A n 5?:.TE OF iIORIDA ~ i SS. } ~JUY~Y OF ~Jt• j.11C1Q ~ ; Before me personally appeared Riehard Q~ ~(@~/@8 and y - Ida R. Keyes his wife, to me weft known and koown ta me to be ~ th~ ~ndmd~als described in a~d who executed the foregoi~g instrument, and acknowledged before me that they exewted the sarsb fot~ the purposes •^~~*ei~ expressed. And the said t.a8 F• Kp~[pg ` - +::te of the sa~d _ Rickard O ~Cey/~C ` •VF~h .ie~tlAe :ari~•~rivate ~~~~m~nat~on by me take~ separate and apart from her said husband, acknowledged to and befwe me that she exetuted s ~ipstru af:~ ~ • freelr.~nA votuo- ~:y and w~shout an y com puls~on, constrain t, a p p re h e n si fear o f or from her sai d hus b an d. WITNE55 my hand and official seal this._ ' day of ~ r' A. D, .i9 ~ 7~2 'i n . u . ~r # otary Publit in a fo the, ~,of~lo: ida ~T~ lar~ y Commission expire : ~ ~ ~ • Rerum 70: ' S % ~ First Federal Savings 3 Loan Association j TA C, } Of Fort P~crce. t Fort Piar~e. Florida fIlEO ~NO ~ECORDEO f Et- LUC?E ~~UNTY FLA. RO~Es~ ;'~~TRAS ~ This Instrument Prepared By J. N. RobeYtS EAK C+QyU11 COUaT ~ First Federa! Savings 8~ Loan Association ~ q. t1 0 VE°'`~EO...~---- of Fort Pierce ~ F10?~de? ~ C ~ 16 ~~j 1~Z o Checked By , 241369 Bo~K 207 ~~f2815 ~ _ . ~x-~ : ~ ~ ~ - ~ r~~=;~-~~