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Home My WebLink About5949 3. To p~ace and continuously keep on Ihe bui:d~ngs now or hereafter situate on sa~d land and on al! eq~ipment and personal~y co•+ered by this matg- sgs, with ell premiums thzreon pa:d in fuil, fire insurance in the ~3ual ssa~,da~d po!~cy lorm, in a svm app~o~rd by the MOR~i,%.GEE, and w~nda~orm iri~urance in the usval sTanda~d policy form, in a sum appro~ed by the MORiGAGEE, in such company or compan~es as ti~e MORTGAGEE may dir~ct; •nd all fire and w~~dstorm insurance po~~c:es oo any of sa~d buiid~ngs, any inferest therein or pa~1 thereot, in Ihe a99~•=9ate ium aforesaid or in exces~ Ihereof, ~haU contain ihe vsual standard mortgagae clause or such o~her clause as the lllortyagae may requ:ro, mal.ing ihe less u~drr sa~d poli- des, each and every, payub~e to sa~d MORTGAGEE a~ ~ts intereit may appea~, and each and eYery such po~icy shall be promptty ass g~~ed a~~d dei~Ye~ad ro sny held by sa~d htORiGAGEE as fur~her security to sald n,or~gage debt, and, nat Iess than re~ (10? days in ad~a~:ce ol the exp~ranon ot eech pollcy, to dr liver fo said MOR~GAGEE a ronewal thereoi, toge~her with a rece~pt ior thr prem~um of such renewa!; and ihere shall br no f~re or w~~~di~am inwronce placed on any of said buildings, any interest therein w parf thereof, unless in the form arxl wi:h the los~ payable as aforesaid; and in ~he evenl any aum of money becan~s payable under such poticy w po~~c~es said MORTGAGEE shall have the opYon to rece~ve and ap~ly the same on accov:~~ of the indebt~d neu secured hereby or ro perm~t sa~d MORTGAGORS to receive and use it or a~y parr ~hereof lar ocnrr ~:urt osrs, v~•~~~~..1 th .•-~.:'~J .r ~n:~u~:- ing any equ~ty, I~en or righl undrr or by virtue of this mo:'gagr; and in the event sa~d MORTGAGORS ahall fa~ any ~eason fail to keep the sa~d premis:s so insured, or fail ro deliver pranptly any of said policies of iniurance to said MORTGAGEE, or fa~l promprly to pay fully any pre,n;~,~ theralor or in a~y respect fail to periwm, discha~9e, execute, e(fect, complete, comply with and abide by ?his covenanf, or any part herrof, said MGRTGAGEE may p~ace a~~d pay fw such insurance or any parl theieof w~thout waiving w affecting any option, lien, equ~ty, or nght under or by virtue of th~s hlortqagr, and thc f~ll ~mouN of each a~d every such payment shall be ~mmediately due and payable snd shall brar interest from the date thereof until po~d at the rate ot n~ne per cenrum per annum and togather with such interest shali be secured by the lien of this mortgage. 1. To permit, commit w suffer no waste, impairment w deterioration of said property w any part thereof. 5. To pay all and aingutar Ihe cosrs, charges and expenses, inciuding a reasonable attwney's fee and costs of absvacts of title, ~ncurred or pa~d at any time by said MORIGAG:E, because or in the event oi ~he (aifure on the par~ of the said MORTGAGOR ro du~y, pro~r~p~fy and fully perform, d~scharge, execute, eifett, tomplete, comply w~th and ab:de by eath and eve~y the stipulat~ons, a9reements, conditions, and covenants oi said prom~ssory note and ihis morrgage any or either, a~d sa:d coats, charges and expenses, each and every, shall be immed~ately due and payable; whe~her o~ not there be ~ot;ce d> mand, attempt to toNect or suit pend~ng; and the tull amount of each and every such payment sha11 bear inrerest from the date therrof until paid at the ~are o~ nine per crnt~m pct an~iu:n; aeu all said costs, charges and expanses irxurred o~ pa~d, together w~th such interest, shall Ge secured by the lien ol th~f mortgage. 6. That (a) in the event of any breath of this Mortga9e or defavlt on the part of the MORTGAGOR, w(b) in the event any of sa;d svms of money herein referred to be not promptly and fu~ly paid within th~rty (301 days next after the same sevtra!ly beto~ie d~e and payable, witF.out demand or notice. or (c) in the evem each and e.ery the stipuiations, agreements, tond~:~a~s and covenants of sa•d promisswy ~ote and th:s mortgage any or e~~her are not ~uly, promptty and ful~y performed, d:scharged, executed, etfected, cor»pleted, complied v.ith and abide~ 5y, then i~ e~ther w any such event Ihe sa~d ag• gregate sum mentioned in said promissory reote•t~en remaining unpa~d, with intere;t accrued, and ati moneys secured he:eby, shatl becume d~e and pay- ab~e forthwith, or thereafter, at the oprion cf said MO~TGAGEE, as fully and completely as if all of tt,e said sums of money were onguiaily st~puiated to be pald on wch day, anything in sa:d promissory note or in this Mortgage to the comra+y notwithstand~ng; and thereupon o~ thereafter at the op~~on of 4a;d MORTGAGEE, wirhout norice or demand, suit af law or in equity, therefore ot thereafter begun, may be prosecuted as if all moneys setured hereby nad matuteti pnor to rts institutwn..f. ' 7. That in the event that at the beglnning of or a~ any time pending any su~t up~n this Mortgage, a to Eoieclose it, or to retorm it, or to enforce payment of any ciaims hereunder, seid I.lOt2TGAGEE shai~ apply to the Co~rt having junsd~ct~on thereof for the appo~ntment of a Receiver, such Court shall forthwi~h appoint a receiver of said mortgagrd property all and singu~ar, inctud:ng aIi and s~ng~lar fhe income, prof~ts, issues and revenves from whatever seurce derived, each and every o: wh~ch, i~ be~ng express!y understood, is hereby morrgaged as if speufical:y set fonh and desuibed i~ the granting and habendum cla~ses hereof, ard such Receiver shall have ali the b~oad and effecr~ve funct.ons ar~d powers in anyw~se entr~sted by a Co~rt to a Receiver, and s..ch appointment shall be made by svch Court as an admitt ~ equity and a m.a~ter of absoiufe right to sald MORiGAGEE, and without ~eference to the adequaty or inadegvacy of the value oi the ~operty tnortgaged or to the saventy or ~nsuivency of said M012~GAGOR or the defendants, and that svch ren~a, profiis, income, issues and revenues shall be appiied by such Rete~ver accord~ng to the lien or equity of said MORiGAGEE and the prauite of such Courf. B. To duly, p~ompt:y and fully per(orm, d~scharge, execute, effect, complete, comply w~~h and abide by each and eve~y tFe st~pu~a!ions, agree~neros, conditions and covenanrs fn sa~d promissory noTe and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged prem:ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the AtORTGAGfE, its successors ar,d ass~gns, may, w~th~~t notice to the t~AORiGAOR, deaf w~th such successw or svccesso+ in ~nterest wi~h relerence to this mo~tgage and ihe debt hereby sec~red in the same manner as wish N.ortgagor v+ithout in any way vit~ating or d•sclearging the hlortgagors' liabiiity her~ under or upon the debt hereby secured. No sale of the Frem~ses hrreby mortgaged and no forbearance on ?he pa~t of the IdORTGAGEE or its successors er assigns and no earension of the time for rtie payment of the debt h~reby secured given by the MORTGAGEE or ~ts successcrs a ass:gna, ,~~all operate ro reiease, d~scharge, modrfy change w affect the orig~nal Iiab Lty of the MORiGAGOR herein, either in whole w in part. 10. It is spec~fically agreed that time is of the essence of th~s contract arid that no waiver of any ob~~9at~on hereunder or of the obligation se- cured hereby shali af any time thereafter be held to be a waiver of the terms hereof or of fhe instr~ment secured herby_ 11. In add:tic~ to tn? forego ~g mcnth'y payments of princ pal and inrerest ~eq~~red by the prom~sscry no!e secvred F.ere6~, mortgayor covenants a~,d agrees ~o pay fo oio~tgagee v~~th each month y payrnent an add~~~onal sum est~~,ared by mortgagee to be equai to 1, 12 of the ar.:,ual cost of the follow;- 1 ~ ~ A-Ali real prope.ty taaas tened or dss~s5t3 eyai•i5t tne above desv~bcd real esrate. ! B-Fre~r~~ms on fve and w~r.dsrorm ~nsu.a~ce as nere~n rcGu r_d to be carr~ed on the ~mprovemenfs s~t~ate on tha abeve d:scr~bed premrses. ' C-Prem~u~ns on wch mort~age guaranry insura~.ce as marrgsgee sha~t frcT i"me to time deem fit ?o carry on the toan setured hereby. ! Mortgagee shail !rom time to time nonf~ mcrtgager in wr:t~ng of the amount due and payable herrvndrr and svch su~~ sh~!I thrre~pon be due and 't : ayabfe on the d~e date of the next month:y paymcnt and each svccessive month tnereaft~r uctil mcrtgagee shal~ not:fy mortgagw of a change in such ; ount. Such su~ns sFa;l be app'ied by morrgagee ~oward the payment of real property tazes, i~sura~xe prert~.uTS, and mortgige g~aranty insurance } p~emiums. ~ fN L•~ITNESS WHEREOF, the sa~d MORTGAGOR`has hereunto set his ha~d and seal the day and year first afo said Signed, Sealed and deliver in the presence or: F1LE0 ANO RECOBOfO ~ k ST.lUC1E COUM7Y flA- {Seaq ~ U/ ROCER ?O~jRAS ~ le Ann urham, a~rido . CLERK C.=:~U1t COURT ~~!~Y ~(seaq ~ (Seal) $ _ ~ RECORC vEP~F1E0~.~-~~ ~ ` ,1~ 15 i2 0? PH'~~ , (Seal) ~ STATE OF FLORIDA ~ ~ ~(,.,~5~~~ St. Lucie COUNiY OF - ~ ~ Myrtle Ann Durhaa, a widow ~ ~ Befwe me personalty appeared ~ _ b;tw'~{er to me well known and knawn to me to be ~ the individual/ described in and who executed the foregoing instrument, and ack.~owledged before me thatlh~ executed•t1ig,:Hms'~fw the purposes ~ rherein expressed. And~tl+eieid= - - ^3 L~ ~J ~ ,~.y~ 2' A~T~1~~IV - `~I~~~~~~~~y'~7T.~/~_: ~ e.artrirratfarr6ry-rne-tekerrsepa~at~and~epa~rt-f~-#xr-aeidireabend: ERlenev~ll~isand"~llf'O2'~nl:~llf6tlFRT1lE'!~!!~2lI~S~d'~~lI~PT1~~fF!19~'~~ ;;i ran~Tand-v~+~1+e~ert~-~en+~,biem, eansteeinr, e or-4eeref-er-fron,fie,~e;di+osben~ . a,• ~ Januar. , = ~ - v 73 WITN~55 my hand ar.d official seal this__ ~ day of y• •'-19 - ~ ~ -Gj(i ~ ~ ~ ~ ~ ~ ~ Notary PubGc in and for ~the ~f at ~rgo- _ _ My Commission expires: ' • ~ - ~ Retvrn To: d(' ~ARGE _ fint Federal Savir.gs 3 loan Auociat~on N~A~p~~~~•T~ ~t ~ ot Fo~r P~-~e. MY CQti;YL'S'.'„~ ~;_C. ?9, t_ IS - BortdeO 7'~n~ ~•a1NR~+.:'c, ~,e_~~ . '~.~F Fcrt Pierce, Flor~ct3 x~ ~ " o~ o EN AR~ ~R1~iC~ ~ ip ; This Instrument Prepared By JohD k'. Collins ~ i~'~ tAMP 1AX~ _ ~ First Federal Savings & Loan Association • ~c, ~ + : - • b~ of Fort Pierce , Florida ° ~ ~~f' ! ~ O' n:, o NIp2 ~ • ~L : ~ ~ . ~ Checked By ' ~ . ~.j ~~k,.20~ ~~:.2939 ~ i 5 ~ ,r - , : ~ _ - _