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Home My WebLink About2082 3. To ptace and contin~ously keep on ?he bu'r'd~ngs now o~ he~eafter snuers on sa~d land and on alI eq~ip~ntnl and persona~~y covered by ~hls mortg- ugs, with all premiums thereon paid in full, fire ins~rance in tne ~sual sra~xlord polity lorm, in s sum approved by thr MORiGAGEE, and windstonn insurance in ths usual a~andard poi.cy fo~m, in a ium app~oved by ~he ARORTGAGEf, in such co~npany o~ con,pan;es as the MORTGAGEE may direct; and all (i~e and w~nJstorm fnsurance poliues on any of said build~ngs, ~ny interes~ therein or parf ~hereof, in the aggrega~e sum atwcsa~d w in ~xcess ~hereoi, shalt comain ~he usual siandard mortgagee ciauee o? such o~her clauss as the 61o~tyagee may requ~re, makfng the ioss undr~ sa,d polf cies, each and eve~y. payab'.e to said A10RiGAGEf a~ ~?s ;nterest may appear, and each and every such po:~cy sha~l be pranpt~y ass gned and de~ivarnd to any held by said MOR(GAGEE as further security to sa~d mortgage debt, and, not leu than ten (10) days i~ advance o! th~ exp~ration of each pol~cy, to dr liver to said MORiGAGEE a renzw•al thereof, toge~ha wirh a rece~pt (or fAe premium of such renewal; and ihere shnll be no fire o~ vvindsto~m inwraoce plxed on sny of sa~d bu~ld~ngs, any interost there+n a part thercof, unleis in thc form and w~~h the lo:s payab~e as afo~esaid; a~d in ~he event any sum of money becomca payable under such poticy or policies so.d MpRTGAGEE sha11 have the opt~o~ to ~aa~ve and app!y the same on account of the indebtrd- neu secured hereby or to pe~m~? sa;d MORTGAGORS to receive and use it a any pmt the:eot 1or oinrr purposes, ~•.~iho~t ~h,.~ur wa~~~ ~3 or ~~r,pa~+- ing aoy eqwty, liQn or ~ight undzr w by virtue of Ihis mo:tgage; and in the event sa:d l~IORTGAGORS shall fo~ any reason lail to keep ~he said premises so ~nsured, a fail to dzliver promptly any oi said polKits of insurance to sa:d MORTGAGEE, ot lail promptly to pay futly any premium the~tfor o~ in a~y respect Fail to perlorm, d~scha+ge, execute, effecl, comptete, comply wirh and abide by this covenant, a any pa~t hzreof, said MORTGAGEE may ptace and pay fa such insurante or any part thereof without waiving w affectiny any option, lien, equ~ty, w right under or by virtue oi thFs Mo~tgagr, and ths futl amov~t of each ar~d every such paymeM shall be imrnediately due and payabk and shafl bear interest from the date thereof until paid at the rate o~ nine prr centum pe~ annum and tcyrthrr w~th such inre~est shatl be secured by the lien of thia mortgage. 4. To permit, tommit or suffrr no wasfe, impairment w drterioration of said property p any parl thereof. S. To pay atl and s~~gular the costs, charges and expenses, includfng a reasonabte attwney's fee and costs of abs~racts of t~r1e, incurred or paid at any time by said MORIGAG:E, hcca~u w in the evem of ihe fa~lwe on the pan oF the said MORTGAGOR to duly, promptiy and fully pertorm, d~scharge. execure, ef(ect, complere, co~npty w,th and ab:de by each and every the st~pula~rons, agreements, conditions, and covenanes o( sa~d p~omissorjr nore and rhii mwtgage any or e~ther, and sa;d costs, cha~ge~ and expenses, eath and every, shatl be immed~ately due a~d payable; whether w not thrre be notice de mand, attempt to collect w su;t pending; and the full amovnt of each and every such payment shall bear interest from the date thereof u~til paid at the rare of nioe per cenwm Er r annurn; a~w' all :a~d cusu, charges and expenses incuued w paid, together w~th such interest, shall be secured by the lien oi th~s morlgsge. 6. Thal (a) in 1he event of any breach of this Mortgage or default on the part of the hlORTGAGOR, or (b) in the event s~y of sa:d sums of rrroney herein referred to be not promptly and fu:ly paid within th~rty (30) days next afte? fhe same se~erally become due and payable, withouf demand or notice, or (c) in the cvent each and every the stipu:ations, agreements, conditions and covenanrs of sa,d promiasory note and ih~s mortgage any w either are nol ~uly, promptly and f~lly performed, d:scharged, e,cetuted, effected, completed, complied with and ab~ded 5y, then in e~ther p any such event the sa~d ag gregate sum mentioned in said pranissory nere thrn remairting unpaid, with interest actrued, and ail moneys secured hereby, shall become due and pay ab~e fo~thwith, or thereafter, at the opt~on of said MORiGAGEE, as fully and completely as il atl of the said sums of money were orginally st~pulated to be pa~d o~ such day, anything in sa:d prom~ssory note or in this Mwtgage to the <onnary notwiihstand~ng; and thereupon oi the~eafter at fhe option of sa;d h10RTGAGEE, without not~ce or demand, suit at Iaw w in equity, therefwe w thereaiter b~.~gun, may be prosecuted as if all moneys secured hereby hcd matured pr~w to rts institution. 7. Tha1 in the event that at the beginn~ng o{ or st any time pending any suit upon this Mortgage, w to foreclose it, or to reform it, or to enfo?ce payment of a~y claims here~nder, said MORTGAGEE sha!1 epply to the Court having jurfsd~a~on thereof for the appo~ntment of a Receiver, s~ch Co~rt shall Forthwirh appo~nt a receiver of sald mortgaged property all and singular, inciud:ng all a~d s~ngu~ar ~he income, prol~ts, iss~es and revenues from whaterer saurce drrived, each and every of wh~ch, it being expres:ly understood, is he~eby martgaged as if spec~fical~y set {orth and deuribed in the gran~ing a~d habendum clauses hereof, and such Receiver shall have al! the broad and effecrive funa~ons and powe~s in anywise entrusted by a Court to a Receiver, and s;.ch appointment shall be made by such Court as an ad~nitted equity and a mafter of absotute right ro said MpRTGAGEE, and witho~r rele~ence to the edeqLacy or inadequacy of the vafue of the property mortgaged or to the so+vency or insoivency of said MORTGAGOR o~ the defendants, and that such renrs, profits, income, issues and revenues sha~l be applied by such Receiver accord~ng to the lien w equ~ty of uid MORTGAGEE and the practice of such Court, 8. To duty, p~prptly and fully perfnrm, discharge, execute, efiect, complete, comply with a~d ab~de by each and every the stipulations, agreements. conditions and covenants in ea~d p?omisswy rtote and this mortgage set forth. 9. That in the event the ownersh~p of the morlgaged premises, or any parf thereof, becomes vested in a person other lhan the MO~TGAGOR, the 1'.'ORiGAGEf, its successors and ass~gns, may, w~rhout rtorice to thp MORiGAOR, deal with svch successor w successor in interest vri~h reference to this ~nortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vit;ati~g or d~uharging the Idortgagors' liability her! ~nder or upw~ the debt hereby sec~red. No sale of the premises hrceby mortgaged and no forbeararxe on the pan of the /~IORTGAGEE o~ its successo?s or assigns and no extension of the time for the payment of the debt he.eby secured g~ven by the MORTGAGEE or its s~ccessws or assigns, shall operate ro relecse, d~stharge, modify change or affect Ihe original lian~l~ty of the MORTGAGpR herein, either in wFwle w in part. 10. H is specifically agreed that time is of fhe essente of this contract and that no waiver of any obiigatio~ hertunder or of the oblgation se- cvred hereby shali at any time thereafter be held to be a waiver of the terma hereof w of the instrument secured herby. 11. In add:tio~ to ihe forego:ng mamhly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor covenams and agrees to pay to mortgagee v~~~1~ each monfh;y pay~~zent an add~~ional svm est~mated by mortgagee to be eqvat to 1;! IZ of the ann~al coss of the follow- in~: A-AU real property ta,crs levie~ or assessc-d agai~st the above described reat estate. B-P~~m~ums on fire and vrindstor~n ~nsurar.ce as herein r~qu~red to be ca~ned ai ihe improveme~ts situate on th~ above d=scribed premises. C-Premiums on such mortgage gua.anty insurar:ce as mortgagee shati from r.me to t~me deem fit to carry on the loan secured here6y. Matgagee shalt from tfine to t~me ncs~fy martgagor in wr;t~ng oF the amovnt due and payable hereundrr and such sum shali thereupon be due and Fayabte on the due tiate of th~ next monthty paymem and each successive month thereaher ur,til mortgagee shalt ~otify mortgagor of a change in wch a^rovm. Such sums shall be appGed by mongagce toward the payment of real property taxes, insurance prem:ums, ai~d mwtgage guaranty insurarrce p~emiums. IN WITNESS YJHER~OF, the sa;d MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. Sgned, Sealed and delivered in the presence of: ' ary - n ; ~ (Seaq . , ~ : G l ~ - ~5ea1) ~ STATE OF FLORIDA ' ~ COUNTY OF St. Lucie ( ~ I Before me perwnally appeared _ ~1IY Ashley, 8 s~llOle adult ~ - ~ to me well known and k~own to me to be ! the individua~ described in and who executed rhe foregoing instrument, and adcnowledged befwe me thst lher executed the same for the purpos~s ~ rherein expressed. Aw~11~~~eid I .rih ~i.1lw~aid ~ u'w~~ rcrau~sa~i }iwrtO e.~wli~WiN ~r ~1~ ~]~.s~psYY.a~d. apiri jrYrr ~et.~ai[L ~tM~~r ~f~cY[tir~1~ ~Y~d ~or`i~ i~litJi~ ~Itp11Y~ fiiii~rYNt~rYSYf~ ~ ~i+~Iw? ra.~iy.s~i ~ui~Iw~war ~or~daiowr.Mw~air~,.arp~Fre~wry.a? ie~r.~a~i a inrrie~~id.Frrabad~ i WITNESS my har~d and offida! seal thiz ~St dsy ~Cembe ~1. O. ~9.~~ \ ~ ~ ~ rll~,~ . i~ i ~ ~ Notary Public in and for State o6 idA'N tsr • My Commiuion expires (~jQ~~ ~A~ ~ Return To: MY 0~~ First Fede~al Savings b loan ~?ssoc~ar~o~ : o~a.o c,~se.,r a:u..~ee L~R~ritus. Of Fort P:crce. ~ C ~ ~ ~ Fort Pierce. Florida rMr R~L~~VEO : a ~ _ itLED = ~ .tU :,GUiii`l fLA• ~ ~ ~ 3. sc S ' ST ROC:.r. f~~tRAS l ' n..~~ j Q~ COURT r~+, .r'~ x'~ ` This Instrument Prepared By Johrt W. CO11~AS afeOR"~~~'~`'`-~ y` ~•f Fi~st Fecleral Savings 8 loan Association - ~ of Fort Pierce s RloYida ne,. ~ $ 28 uu. Checked By _ 243028 r • C ~ lrVV i~YVV?~1 sL~i3K i",~i ~ ~ , , - - - - - ~ ' e ~~~~~°~~~„s, ; , x~ ~ r z ~ . . n . s -