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Home My WebLink About2190 To place and continvously keep o~ tM b~ild~ngs now a t+ereif~H aitw~e on sa~d I~nd and o~ ali equipment and psrior~aity w~er~ L~ sl~ei mertg- ag~, with a!1 pemiurru thereon pe~d in ful~, fir~ Iniur~nce ie th~ vsu~l st+ndud policy fam, in • sun+ approved by the MORTGAGEE, and w~nds~am insuranct in 1M usual uandard policy fam, in ~ fum ap~xovtd by the 1NORTGAGEE, ln Wch company or companies as tht MORTGAGEE msy dirscl; u+d a11 (ire a~d windsrorm i~sunnca polic+s~ on any of isid bui?d~nps, ~ny int~r~st the~ein or put thereof, i~ th~ agyroy+te ~um ~foreuid w In exceu thereof, shall ca+tain tM ~sual sfandard mon9sgee claus~ a iuth othsr claus~ as IM Mo+tp~gee m~y requ+rs, makir?9 the lou unde~ ~a~d poli~ cies, e~ch ~nd ~very, p~yabt~ to ssid MORTGAGEE ai its i~terett may ~pp~ar, u~d each and every such policy shall be p.omp~ly ass yned and delivercd ~o •ny Aeld by iaid MORTGAGEE a~ funher iecuriry to ~aid mortpage d~bt, and, nol leu 1M~ t~n (10) days in advanc~ of the expiration oF each policy, to da livet to uid MORTGAGEE + rencw~l the~wf, toperher witA a reteipt fw tM p?emiwn of t~ch r~newal; and there shafi b~ no fire or windstorm i~su~+nc~ placed on a~y of said buildir~~. any intert~t tMre'+~ a parl tF?~rsof, unleu in tM foim and with tht loss p+yabls as ~ioreuid: and in tha event any tum of money becanes payable under such policy w policis~ ~aid MORTGAGEE ?hall haw tM option to ~ecaive and ~pply the same a? acco~~t of the indrbted- neu tecured her~by a ro permit sa~d hWRiGAGORS ro receiw and ufe it p eny put the~to! for o~hea pu~poses, w~~ho~t ih_reo~ waiving o~ ~mpair- ing a~y eqvity, lien p right unde~ w by virtw of Ihis mottp~; and in tM tveet qid MORTGAGORS shsll fo~ a~y reason t~il to keep the uid {xemisas so insured, or ;a11 to del;vet prompfly ~ny of said polities of i~suranc~ to faid MORTGAGEE, or fail promptly to psy futty any p.emium rherefor or in any respect fai! to pertam, d~scM?ge, sxecufe, efiscf, complets, wmply wi?h and ~bid~ by ~his cownan~, or iny parf Aeraof, said MORTGAGEE may place and paY fw suth inwrante w ~ny part thereof wirFw~t w+ivinp or affecti~p any optio~?, litn, p~iry, w ~iyht under o? by virtw of this Mor~gage. and the full ~moun~ of each and every such paymeM sMtl be immediately dw and p~yabl~ ~nd shal! bear interest from fhs d~ts thereoF until paid at rhe rate ol n~ne per centum per annum and together wifh such inte~eat thatl be secured Ey t!w lie~ of this mortpage. 1. To permit, comm(t or suffer no w~ste, impairment or dete~ioration of s~id propaty o~ any part therwf. S. To pay all snd sirgulu ~he coits, charpes and expenses, including s reasonable ~ttaney i fee and costs of sbs~rad~ ~of t~~le, incurr~d o~ pa~d sf any time by said MOkiGAGfE, betause w in the event of tM failu~e on ths pan of t)?~ said MORTGAGOR to duly, promptly and fully periorm, dixharge, -xecute, effed, complete, comply with and abide by ~ach and every the sfip~lationa, ~greemenri, conditia+s, and coven~nts of said promissory note and th~i mortgage any or eithsr. and sa~d cos», charqes r~d expenses, eath a.id evay. tMll b~ immedistety dw a~d payable: whether a not there be notice da mand, attempt ro colkct or wit p~nding; and the full amount of ~uh ~od wery such payrn~nl shall bea. interost from the date thereof until psid ~t the rate of nine per centum per am~um; and ail uid costi, charges and expe~ses incurred w paid, together w~th such intereat, sMll be secured by tt~e tien of this mortpage. b. That (s) in ths evcn? of sny bre~th af tha Mwtyaps or defsult on the psrt of the MORTGAGpR, w(b) in the event eny of said iums of money herein referred to be not promptly and fully p~id within thirty (30) days ne:t afrer the same severalfy become due and payable, withovt demand or notice, or (cj in 1he event each and every the stipulationt, agreemenn, conditions and tovertanh of ss~d promissory note u~d ~h~s mortys9e any p either a~e no1 ~uly, promptly a~d fully performed, d~uAsrged, executed, effected, completed, compl~ed wiih and abided by. then i~ either a any svch event tM sa~d ag gregate wm mentioncd in said promissory rwte ~i~e~i ~~~~i~~~~~ w~psid. wtth i:.se:est a.4::rd. a^d a!1 rs~^eyt :er_~ed ~±•«hy, sAall becwne due and oar eble fwthwith, a thereafter, at the option of said MORTGAGEE, ss fully and completely as if ~II of the said sums of money wcre o~iginally st~puiated to be paid on such day, anything in sa~d promiasory note w in this Mwtgage to the contrary notwithsunding; and thereupon or thereafter at the opi~on of :aid MORTGAGfE, wirhovt norice w demand, suFt at bw w in eqv;ty, therefore o~ there~fter begun, may be prosecuted ~s if all moneys securad h~veby h~d matu~ed pnor lo its institutioe. 7. That in tF+e event that at the beginning of w at any time pe~dioy any wit upon this Mwfgage, a to foreclose it, w to refwm i~, w to enfwce payment o( any clsims hereunde~, said lNpRTGAGtE shaN appfy to the Covrt having jwisdictio~ Ihereol fw the appointment of a Receiver, such Coun shall Forrhwirh appoint a receiver of wid mortyag~d prpperty a11 and iinpular, includ~ng all and sirpulsr the income, profits, iuues and revenues from whateve~ source daived, each and every of which, ~t being expressly undera~ood, is hereby matgaged ai if specificatty set fwth and descibed i~ the grmtir~g and habendum clauses hereof~ ~tN~ fUCF1 RKCIVN shall have a~l the broad and efiective funct~ons and powers in anywise entrusted by s Covrt to a Receiver, and such appointment shsll be made by such Court ss an admitted equity and a matte~ of absolute right fo ssid MORTGAGEE, ~nd without retere~xe to the adrquacy w inadeqwcy of the vafue of the property mortgaged oa to the solvency w insolvency of said MORTGAGOR o~ the defendants, and that such rems, profits, iocome, iu~ces snd rever+ues shall be applied by such Receiver accordinp to the lien w equity of ssid AhORTGAGEf and the practice of such Court. 8. To duly, promptty a~d fully perform, diuharge, execvte, effect, complete, comply with and abide by eath and ere~y the stipularions, sgreements, conditions and covenann in said promissory note and th~s mwtgage set fo~th. 9_ That in the eveM the ownership of the mortg~ed prcmises, or any part thereof, bccpmes vested in a perspn otl+er than the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, rnsy, withovt notice fo the MORTG~40R, dea! with such successw or successor in interest with reference to thia mortgage and the debt hereby secured in the ssme man~e~ as with Mortgaga withovt in any way vitiatinp d diuharging 1he Mongagori liability F~era under or upon the debt hcreby secured. No sale of the premixs hereby mo.tgaged snd no forbearance on the pan oS the MORTGAGEE o~ its successwa or assgns and no e:rension of the fime fw the payment of the debt hereby secured given by the MORTGAGEE or its successors u auig~s, ,hafl operate ro release, d~scharge, modify change or affect the original liability of the MORTGAGOR herei~, either i~ whok or in part. 10. h is spec~fic:lly agreed that time it of the eueoce of this contnd and that no w~iver of any obl~gation hcreundcr w of the obligatan sr cured hereby shatt at any time thereafter be held to be a waiver of the terms hereof or of the instrument secwed herby. l l. ln addi~io~ to the fwego:ng monthly paymrnts of printpal and interest requira! by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an additional sum estimated by mortgagee to be equal to 1/12 of the annual ~ost of the follow- ~ng: A-AII real property raxes fevied or assezsed against the above described rea! estafe. B-Prem~ums on fire and windstorm insurante as herein requ~red to be tarried on the imp~ovements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ioan secured hereby. Mortgagee shatl from t~me to t~me notify mortgagor in w.;t~ng of the amount due and psyable hereunder and such wm shalt thereupon be due and Fayabte on the due date of the next monthly paym2nt and each successive mo~th thereafter urtil mortgagee shall notify mertgagw of a change in such a~:ount_ Such sums ihall be appfied by mortgagee toward the payment of rea) property taxes, insurante (xem;ums, and mwtgage guaranty insurance p e+~iums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ! S~gned. Sea{ed and deli i~ ~ presence o~• ~ , ! ary ^ (SeaQ ~ ~ ~a~~ ~ Clotilde F. 2a r LORIDA - _ ~ ~ SL • I.IiC le COUNIY OF Before me perso~afly appeared LlOyd Ta ylOl a~ Clotilde F. ?aylor ~ ' his wife, to me well kqdw~•6ndknovirr?~io ~ to be , the ~ndindwls destnbed in and who exec~ted the foreyang instrumsnt, and acknow(~d~d before me that they ex~Wtl1 t~ f 'kyrposes P Clot ilde F. ?aylor • . ~ therein ex reased. 14~d the sai - w~fe of the said Lloyd ?aylor * ` ~~te:end ~riwte examinat~on by me take~ separate and apart from her said husband, acknowledgeJd to •nd before me that she executer.sAid 'Vtrutb~nt eel~ e~d;volum rarily and without •ny compulsion, constraint, appre 'ora or fetr of a from r husband. O' ~ v_ "t. : `t WIiNE S S m y h a n d a n d o f f i c i s( s e a l t h i d ~ y o{ F r j~_ / T ~S Not ry Public in ~nd i thq Stafeff o~ dA~ at larQe My Comm~uion expires: / ~ ~ ~ ~ Retu~n To: ~ / ~ ~ First Federa~ Savings 6 loan Association ~ Of Fort Pierce. Fort Pierce, Flwida ~(,¢.D A~1 t ~ C ~-RD~ fT.i.ilCtE C4iJM't'~I' f1L,< C ~tOGEF 'O~TiUS This Instrument Prepared By J~ Roberts, J~. C~~'~~j C0~ First Federal Savings b Loan Association ~COR~ Y£fsft£3 of Fort Pierce , FloY ida ~~1 Pi7'73 Checked By ~ 24'7234 ~ ~o~ 2~0 ~~t'~88 ~ ~ ~.__.Y~: . ~ : . , , _ _ ~ ~ ~ . _ ~