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Home My WebLink About2714 3. To p~ace and coNinuously keep on the buildings ncw o~ hereafte~ s~tuate on said land and on all cquip~nent and persons~ly cove~ed by lhis mortg- ege, w~~h all premi~ms thereon pa~d in full, fi~e insurance in Ihe uiual standard polity form, in a sum approved by ihe MORIGAGEE, and w~nds~o~m ;nsurance in ~he usual sfandard pol~cy form, in • sum approved by ~he MORTGAGEE, i~ such company o? canpan~es as the MORTGAGEE may d~reu;, and all (ire a~d winds~o~m insuiance policiet on any o~ said build~n9s, any interesl therein or part ~hereof, in Ihe agg~egare svm afo~esa~d or in excess thereof, shall co~~ain the usual atandard maiyagee claute w such other dause as the Mo~~gagee may requ~ro, making ihe toss undrr sa~d po~i- cirs, each and every, payable to said MORTGAGEE as ~~s imeres~ may appear, ~nd each and every such pol~cy s~all be pr,xnp~ly ass g~~rd and del~ver.-d ~o any held by sa~d ti10RTGAGEE as (urthe? seturity to said mortgage debt, and, not leu than ten (10) days i~ advance of the eapirarion of each poticy, to de- I~ver to said MORIGAGEE a renewal the~cof, together with a rete~pt tor the premium oi tuch renewal; and ~here shatl be no f~re or w;nd:~o~~n inau~ance placed on any oi said building~, any inte.ett therein w part ~hereof, unless in the fo~m and with the loas payable as a(o~esaid; rnd in the evenl an'Jy sum ot money becomes payabte under s~ch policy o~ pol~cies said MORTGAGEE sl~eil have the option to rece~ve and apply the same on accoum o{ ihe 111yCJ~l'd- ness secured hrreby or to permit sa~d MORTGAGORS to receive and use i~ a any pa~~ ~hereof for orhe. pur~~osrs, .•..~ho~~ ih u~ .v.:~~, ,3 cr ~~~~p~~~- ing any eq~~ty, lien or righ~ unde? w by virtue of thii mo:tgage; and in the event sa~d MORTGAGORS shall fw any reason lail to keep the sa~d prem~s~s au ;nsured, or fail to delive~ promptly any of said polities oi insuranca to said MORTGAGEE, or f~~l promptly to pay futly any pre~n~~m thcrefor or in a~y respect fail fo perform, distharge, eaec~te, ef(ec1, comptete, comply with snd abide by thii covenant, o~ any part hereof, sa~d MGRIGAGEE n+ay p;ace a,~o pay for such insurante or any part thereof witl~out waiving w affecting any option, lien, equ~ty, o~ right under or by virtue of this Mor~qage, and thc iu:: amount of eath and eve~y such payment ahall be immcdiately due and payable and shall bear interest from tha date thereof un~il pa~d at the ra~e ot n~ne per cenrum per annum and together with such interesf shali be secured 6y the lien of this matgage. I, To permit, commit w suffer no waste, impairmenf a deterioration of said property or any part thereof. 5. To pay all and s~ngular the costs, tharges a~d eapenus, ~ncluding a reasonable atta~ney's Fee and cosfs of abstracts of tit!e, incurred or pa~d at eny time by sa~d MORTGAG:E, because or in the evant of the failure on the part of the said MORTGAGOR to du:y, promptly and fu11y pe~foim, d~sch,~rge. =xecute, eifetl, complete, comply with and ab:de by each and every the ~tipulaflons, agreemeros, conditiona, and covenants of sa~d prom~ssory note and this m.ortgage any or ei~her, and sa~d costs, charges and expenses, each and every, shall be immedislely due and payable; whethe~ or not there be not~ce dr ~~and, atte~npt to totfect or suit pending; and the fufl amount of each and every such payment shali bear interest lrom the date thereof until paid at the ,~c o~ oine oer centum per annum; and all said costs, charges and expenses incurred or paid, together w~th such inrerest, shall be secured by ~he lien of th~s mortgage. b. Thaf (a) in the event of any breach of this Mortgage or defauft o~ 11r part of the MORTGAGOR, w(b) in the event any of sa:d sums of money t,erein referred to be not promptly and fully paid within ~hirty (3p) days nex~ after the same uvaally become due and payable, wi~hout demand or notice, c~ (q in the event each and every the stipu:ations, agreements, conditions and covenants of sa:d promissory note and th~s mortgage any or either are nof ~~1y. promptly and fully p~rformed, d~scharged, exetuted, eifrcted, tompleted, complied with and abided ~iy, then in e~ther or any such event the sa~d ag- gr~gate sum mentioned in said prom~ssory note then remaining unpaid, with interest accrued, and atl moneys secured he~eby, shall become d~e and pay- ab;e forthwith, o~ thereafter, at the opfion of said MORTGAGEE, as ivlly and comple?ely as if atl of the said sums of money we~e o~~ginally snpu~atrd to be pa~d on such day, anything in sa:d prom~sswy note or in thia Mortgage ?o Ihe co~tra~y notwi~hs~anding; and thereupan or thereafter at the opt~on of ~a.d MORTG4GEE, without norice w demand, suit at law or in equity, thrre(ore or thereafttr begu~, may be prosecuted as if all moneys secured hereby r,ad matured pnot to its instituhon. 7. Thar in the event that at the beg~nning of or at any time pending any suit upon th~s Morfgage, w to foreclose it, or to reform it, or to enfo.ce paymenl of any ciaims hereunder, said MORTGAGEE shall apply to the Court having ju~isd~ction thereof for the appointment of a Receiver, such Courf shail fcrihwirh appoint a receive~ of said mortgaged property all and singular, includ~ng all and aingula? the income, p~of~ts, issues and revenues from whatever s~urce derived, each and every of which, it being expressly understood, is hereby mortgaged as if spetifically set fonh and described in the granting and habendum clauses hereof, and such Receiver shall have all the b.oad and effecrive fvnc~.ons and powers i~ anyw~se entrusted by a Court to a Recei.~er, and s_ch appointmenr shall be made by such Court as an admitted equity and a mafte? of absolute right ta said MORTGAGEE, and without reference to fhe adequacy w inadequacy of the val~e of ?he property mortgaged or to the soivency or insofvency of said MORiGAGOR w the defendants, and that such renrs, profits, income, issues and revenues shall be applied by such Receiver accord~ng ~o the lien w equity of said MORTGAGEE ar.d the practice of such Court. ' 8. To d~ty, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreeme~ts, conditions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the morfgaged premises, or any part thereof, becomes vested i~ a person other than the MORTGAGOR, the :'ORTGAGEE, its successo~s and assigns, may, wirhout notice to the MORTGAOR, deal with such successor or successor in interest w~th reference to this morrgage and the debt hereby secured in the same manner as with Mor~gago~ withovt in any way vitiating or d~xharging ?he hlortgagori liability here- ~nder o~ upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part oi the MORTGAGEE or its successe+s c~ assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successws or au~gns, ahall operate ro retease, d~scharge, modify change w affecr the original liabitety of the MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed thaf time is of the eaunce of this contraU and that no waiver oi any obligation hereunder or of the obtigation s~ cured hereby shall at any time thereaftn be held to be a waiver of the terms hereof or o( the instr~mem secured herby. ' I 1. In add,t~on to the iorego ng monthly paymeros of princ pal and interest requ~red by the prom~ssory no!e secured hereb f, mortgagor - covenants +~.d ag.ees to pay to mortgagee v~~th each momhly payment an add~~ional sum esr~n:ared by mortgagee to be equal to 1;' 12 of the an~ua! cost of the fotkow- ,y: i A-Alt real property taxes levied or assessed aga~~st the above desaibed reat esrate. B--Prem~ums on fire and wir.dsrorm ins~rance as here~n requ~red to be carried o~ the ~mproveme~ts sitvate on the above described premfses. i C-Premi~ms on such mortgage guaranry insurar~te as mo~tgagee shal) from time to time deem fit to carry on the loan sewred hereby. ' ?llortqagee shail f.om ti:ne to nme norify mortgagor ~n writ;ng of the amount due and payable hereunder and such su:n shall thereupon be due and I ....aote on the due date of the ne~et month:y paymem and each successive month thereafter until mortgagee shall notify mortgagor of a change in such i o~M. S~ch sums sFa:I be appGed by mortgagee toward the payment of real property taaes, insu~a~ce prem:ums, and mortgage gua=anty insurance i ,••erniums. . i IN WITNESS WHEREOF, the sa~d MORTGAGOR has he~eunto set his har.d and seal the day and year first aforesaid. ' ) Signed, Sealed and deli~ered ir! the presenc4 of: t ~ ' (Seal) ~ _ _ - ~ Jerald L. Carver ~~ai~ ~ t ~ ~l~22( ~ ~~QiirJ.x-r, (Sea~) ~ Wanda Carver ~~a~~ ~ - ~ ` ST.~aTE OF FIORIDA ~ a St I~11C1Q ~ ~JUNTY OF • 1 x Before me personally appeared Jerald L. Carver and ~ WdflC~ Ca?rver his wi1e, to me well known and known to me to be ~ ~ ~h~ ind~vidvals described in and who executed tF~e foregoing instrument, and acknowledged before me that they executed the same for the purposes ~ rherein expressed. And the sa~d Warldd Carver ~,•fe of the sa~d Jerald L. Carver _ e separ~te,~nd private 7 ~xaminat~on by me taken separate and apart from her said husband, acknowledged fo and before me that she executed said ~vstrument f~ely°~rR! vo:un- lh . . ` ra~~Iy and w~thout any compulsion, constraint, appre~eni~on, or fear of w 4rom her ssid husband. . ~ WITNESS my hand and official seal this ~ day of ~ FQbYU81y r"~ ~ q p ~q~~ ~ ~ ~~'~7-~,'~~~~~'<< - - Nbtary Public in antl foc the State Of- Florda M~rga - - My Comm~ssion expireK l • d j.,_. Retum To: ' I i•,~ ~ •.~1 ` ~ `j . - Firsl federal Savings a loan Association ' i;., Oi Fo~t P:erce. ' ' Forr P~erce, florida ' . fILED A'~:~ ~•`~~'~UEO SL ~uC~t _~u?+Tr F~A- =3 ROG~ 3 f'1iSF.AS ~ I GLEriK, i; ~~:~ti OURT I'(j " This Instrument Prepared By Gazy F. Ellwood RE~^~~~Y=' ` First Federal Savings & loan Association ? _ of Fort Pierce , Flor ida ~E8 ~ 4 27 PM ~ 1~ ~ Checked By s~ ^~b~ 3 Rr'3 y~o~ 210 Y~~~ 27~1 ~ - - ~ ~ _ , _ - s 1 ~ a " _ ~~'M~'.~.a;,. _ ~ ~ . . ~'ys"~