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Home My WebLink About2408 3. To p'ace and continuo~sly keep on the bui'd~ngs ~~ow or ke~eafter srt~ate on sa~d +and and on a!~ rq.:~pment and perSOna~ly co.er~d by ~h~s mortg- ege, w~~h ail pr2m[um~ thrreon pa.d in f~ll, fire ins~rancr in the usunl standard pol~ty form, in a som approved by the MORiG=.GfE, and w~n~:to~m ~nsurance in the w~al sranclard po:.ty fo~~n, in a sum approved by the MORTGAGEE, in tuch company or co~npan:es as th8 MORTGAGEE may d~rrct; and all iire and w:ndstorm insurance poi~c~es on a~y of ~a~d b~Ud~~gs, any intere~~ ?herein or pa~t thereo!, in the aggrega~e sum aforesa~d w in excess thereof, shall :ontain the usual standa~d ~nortg~gee clause or such other cfause as the Alorlyagee may req~~re, makin9 the lou undrr se~d poli- c~es, each jnd every, payab:e ~o said ~ti1JRTGAGEE as ~n inferrst may ap~xar, and each and every such p:,G.~ aha{I be pron:p~ty aisg+~ed a~~d da:iver~~d ~o any hr~d by sa~d :~10RTGAGEE as fwthrr security to said mongage debt, and, not teas than ~en (10) d3ys in ad.ance of the expuat;on of each poG~y, to de- Irver ro said h1t7RiGAGEE a ~enewal thereof, toge~har with a ~ece~p~ fw tht p~emium of such renewal; and thrre aha?I be ~a i•re or ~,,~~:ds~or~n insurance placed on any of said buiid~ngs, any interest therein o~ pai? the~eoi, unless in ~he fo~m and wi~h the loss payable as a(oresaid; ar.d in the eve+~t any sum of money beco,iies payabte undr~ su:h poticv or pol~cies said MORTGAGEE shs~l have the op~~on to rece~.~ a~~d ap4~ly ihr sa~nr on acco~nt of ~ha indebtad- ness secured hrrcby or ro perm:t sa:d MORTGAGOR$ to receive ar•d use it or any pa~t ihr:cot tu o,~.•-r `;ti(j JSC'S. \~~~~~'lUT ~h ~r ~~~.p.,~r- ~r,g any equ~ty, lien or r~ght under or bv vir~ue of this mcr'gage; and in Ihe eveM sa:d MORTGAGORS sha!I for any reason fa)1 to kerp the aa~d premis~•s so insuted, or fail to delivei proinptly any of s~id pohties of inwra~te t0 sa~d MORTGAGEE, or fa~! pccmptly to pay t~+ly any prc~mum thereior or in a~y re:pect fail to perform, d~scharge, eaet~te, efiect, cai~piete, comply wi~h and abide by th~s covenant, or any part hareoi, aa~d h1ivRT~.:GEE may p+ace e~~p pay for such insuraoce or any part thertof w~thout waiving o~ alfecting any option, Iien, eqv~~y, or right undtr o~ by virYue of ~his h~orrgage, a~~d thc 1~1I amount of each a~~d e~ery such payment shall be ~mmed~ate{y due and payable and shall bea. interest irom !ha dote thereof unril p.,~d at the rafe ot rune prr centum per ann~,vi and to3rth.rr with wch interest shal~ be arcured by ihe lien of th~u mo~fgage. 4. To permit, co~nmit w suffer no wasle, impairmenr w derrr~oration of said p~oF,erty w any pa~t ~herrof. S. To pay a!1 and singular the costs, cha~ges ar.d expenses, including a reasonable attorncy's fee ana cos~s of abstracts of t~tle, inc~rrad or pa~d at eny time by sa~d MORiGAGfE, because or in the event of the fa~lur~ on the pa~t of the said MORiGAGOR to duly, promp~ly and fu~ly perform, d~scharge. >xec~tz, e(feu, canptere, comply w~th and ab;de by each and every the sriµulatrons, agreemenrs, condtions, and covenants oi said prom~ssory note ar,d th~~ n~ongage any or eiiher, and sa d cos~s, charges and ezpenses, each and every, shall be immediatety due and payabie; whe~her or not ihare be nonce da mand, attempt to colle~t or suit pend~ng; and the full amount of each and eve?y s~ch paymero shall beor interesr fro~n the date theieof ~n~i~ pa~d al the r~ ot n;~ie per crntu~n p~~r ann,::n; anc~ ail said costs, charges and capenses irxurred or pa~d, togather w,~h such inte~eat, shaU be secured by the I~on of this mortgage. 6. That (a) in the event of any brrach of this Mortgage or default on the part oi the /~10RTGAGOR, or ;b) i~ the e•~ent any of sa:d sums of money herein refer~ed to be nor pro~raptiy and fvlly pa±d wdthin th~rty (3U) days ne,ef atter ihe same severatty becane due and payabte, wnhou~ demand or not~ce, er ~c) in tha evem each and eve~y the snpu;a;~ons, agreements, condisio~s and covenants of sa d promissory note and thn mortgage any w e~~her are not i~;y, prompHy and lully performed, d,schaiged, exec~ted, eflected, complered, compl~ed with and ab+ded :y, thrn in enher w any such event the sa~d ag- ~rcgare sum menrioned in said promissory note thtn ~emaining unpaid, with iroerest acuued, and all moneys secuied hereby, sliall become due and pay- e~ e torthwith, w:hereatter, at the opnon of said MORiGAGEE, as fully and comp:efely as if a~( of thr sa~d sums of money were or,g~r.a:ly supu~atcd !o be pa~d on such d.:y, anything in sa:d promissory note or in this Mwtgage to the coNrary notwirhstanding; and thereupon or thereafter at the op~~on of s,+.d MORTGAGEE, wahoui nonce o. demand, suit at law w in eqwty, ther~fore w thereaher b.:g~n, may be prosecuted as if all moneys secured hereby n~d matured prwr to us instrtution. 7. ihat in ~he event that at the beg+nn~ng of or at any time pending any suit upon rhis Mortgage, w to foreclose it, or to reform it, o~ to enforce F 3yment of aoy cla~ms hereundr., said MORTGAG~E shal; app!y to the Court having ~~r~sd.cY~on thcreof for the appointment of a Receiver, su:h Cou~t shall fc~ihwith appoiM a receiver of said mortgaged p~operty afl and singular, inttud~nq a? arid singular the income, profds, issues and reven~es from whatever s: ~rce derived, each and every of wh~ch, it be~ng expressly undenrood, is he:eby mortgaged as if spec~fically set iorth and desu~bed in the g~arou,g and hsbendum dauses hereof, and such Receirer shall have all the broad a~d eifecrive funct,ons and powers in anywise entrusted by a Court to a ReceiYer, and s_ch appointment sAeli be made by such Court as an admitted equity and a maiter of absolute rigl to said MORTGAGEE, and without refErence to ihe :~'eq~acy w inadequacy of the vatue of the prope~ty mort~aged or to tne so~vency o~ ~~soivency of sa~d MORiGAGOR or the defendants, and ~h~1 such -c~rs, profits, income, issues and revenues shall be applied by such Receiver ac.ocd:ng to the lien or equity of sa;d 1AORTGAGEE and the prauice of such Court. 8. To duly, prompHy and iully perform, discharge, execute, effect, complete, ccmpiy with and abide by each and every the stipulations, agreements, c~nditiena and covenams m sa~d promiuo:y note ar.d th;s mortgage set foith. 9. That in the event the ov~rtership of the mortgaged premises, or any part the+eof, betomes vested in a person other than the MOR7GAGOR, the ~2TGAGEE, its successors ar.d ass~gns, may, withour norrce to the ~NORiGAOR, deat w~th such successor or wccessor ;n iroeres~ ~vah reierence to this n o~rgage and the d=6f hereby secvred in the same manner as with Morrgagor w~thout in a~y way vit~ating or dacharg~ng the Mo~rgagors' liaoiliry here- ~~:der or upon the detrr hereby secur~d. No sa•.e of fhe premrses hereby nwrtgaged and no forbeaiance on fhe Far~ of the MORiGAGEE or its successors or assigns and no exte~s~on of the t;me for th> paymem of the debr he.eby secured give~ by the MORTGAGEE o: i~s successars or ass~gns, ai~afl operate ro reiease, d~uFw~ge, modify change or a(fect tfie original liab~l~ry of the MORTGAGOR F~erein, eitF~ei en whole or in part. 10. it is spec~iically agreed rhat time is of the essence of this contrad and that no waiver oi a~y ob~iganon hereunder or of the obligaYwn se- cu.ed hereby shali at any ti.i~e thereafrer be held to be a waiver of the terms hereof or of the i~strument secured herby. 1 L Jn aud.r:o~ to tfie forego'ng mcnthty paymenfs of princ pal and inte~est required by the prom:ssory note secured her>b~, mortgagor covenants e•:d ayrces to ;~ay to rr:o-!gagee ~nrth each mo+vhiy paf~,ient an add~r~onal sum esr n,ared by mongagee to be equat to 1 12 of the ~nnual cost of the follow- A-Ali real properTy taxes levied or assessed agai•,st the above desc.~be~ real estate. &-Pr~~~:~e, r;s on f~rY ar,d wi~idsrorn, msv~acte as here~n requ:red 1o be canied on the improveme~ts s~tuate on ihe above d_scribrd premises. C-Pre~*:;u~.~s un such mortg;ge guaraniy inSV!d~.CQ as mo~tgay^ee sha;i f~c:n t me !o t;me deem fit to carry on the loan s^cured here0~. Mortgagee sheif !rem time to t~me notify mertgagor in writin9 of the amount due and pjyable hereunder and such su~n shail thereupon be due and ; 3,able on tha due ci~'e of the ncu month:y payment and each s~ccessive month the~eafter un~ii mortgagee snall notffy mongagor of a change in such :-ount. S~ch wms sha.! be appifrd by mortga~ee roward the payment of real propr~ty ta:es, insurance prem.ums, a,id mortgag~ guaraMy insurance p~emiums. 1~1 \YITP~E55 :'.'HEREOF, the sa' MORTGAGOR has hereunto set his ha~;d and seal tha day and year st aforesaid. Signed, Seated and ' ered the presence of: ~ ~J ~-~..~~-f~-.-~--.~-~~ 1Seal) - --~Q (Seal) _ ' `.1~ ~L ,-~-L~.I~C~ 2"~'~/ (Seal) ~ Mildred i.. Weaver t~ap S:AiE Of ftORiDA SS. ~:~UtJTY OF S~_I u~l@ ~ . Before me personalty appeared 1+~ C• WQaV@= a~ ~ ~11~~ L- ~¢aV21' _ his we/e, to me wel~ known aod kno.ivn to mi.ro be rhe individuats described in and who exetuted the foregoing instrume~t, and acknowledged before me that they executed the sarr~ for'1h9~Q~irpises ~ ~ j th~rein exp~essed. And the said___ M11dZ~ L. Weaver _ ,~,•,,,c•=" r•' ' ~ :.:fe of the sa~d _ ~RO C. weaver i u}son p iepi~ate~and privitle ~xaminat~on by me takzn separate arr! apart from her said husband, ackrrowledged to and before me that sfie execufed said inslr~rnenftkeely and v6ldri_ ta•:ly and w~thout any compulsion, constraint, apprehen i or fear ot or ~r her id husband. ~ WITNESS my ha~d a~d off;ual seai this__ day of • A_ D.~9 - : : : ` ~ + : l ~ ~ Tr~.~~: Natary Pub~ic in nd or the State of 'FlorTda l3r a-' . My Comm~ssion exp' es: r~` • Return To: J 5 . , First Federal Savings a loan Associat~on • ~ O! F~:t P c:ce. For: P~_~rce, fiuti;la ~ FILED ty? 4fCOR0ED ~ SLIIjC+C i~JUr~lr FIA. ~ ROG:F. r'•~+'AAS ` CLEpK G'.~ :~,1~; COORT ~ This Instrument Prepared By J. H. RobeZts~ Jr. RFCQ9[. ~~Er•~~ ~ ~ First Federa! Savings & loan Association of Fort Pierce~ Florida 6 3 s~ PH ~~Z ' Checked By ;~~~~61 BUflK ~Q~ ~'AGf ~4~~ 5 ~~y ~ . ~ - ~ ~~.~5'^'~~~~~.5^'~..~,-s~~~~+•~~v~ y ~ " ' . ~ g,~ .