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Home My WebLink About0625 . . ~ J. To plac~ ancl con~inua~sty ~cep on ~tM tw;:d~ngs now w hereafrk s tw~s a? sa~d land and ~1'ail cqulp:nen~ and pc~sonst:y <nvcred by Ihis ~nwt~- eq~. ~dh ~II p[lRL~iT~ ~l.erc~+ pa:d ~n }u:l, f.ra in~wance ~n ~he u~wt sunderd ~we~cy lorm, i~ a:un~ a~pro~•cK! by ihe MORtG..Gff, and w~nds~wm inw~anc~ in ~he vew! ~randa+J Fe.~cy fam, io • sum appruv.d by ~he MORiGAGEE, :r~ such ~omp~ny , or ca»pan~es as ~he MC~fGAGEE may direct; u~d a;l f~~~ and w;r.dstwm iosurance po~ic~es on any of u~d bv~id~nps, any intc~est ~herei~ or par~ ti+areoi, in ~Fk ay9 ~a~e scm afuesa~d or in ~aceu ~hsreof, s~wfl conra~n the vsval ttaru}a~d m.Jttqa~ee ciause a sw.~ o?Mr d~~so ai ~M fAo.~gayea mey requa~, ma?~~g ehe ~oss ~,ndM ~...d poli- c~rs, exh end every, oayab+e to 3a~d AWR1GAGfE a~ in~erett msy a~pear_ ,ux! cach ~nd e.ay such poE~cy ahail bo pr. ~~•ptly ess gn~d and d~:~.r~cd +o onr held by sa~d MORfGAGEE as furthr~ securiry ta said moregayr deb~, ar.d, nor tess ??eaa ten (!GJ da~s a~ ed~arxe of ~he ea~iratwn of each policy, ~o ia fiver to u~d k:ORTGAGEE a renca~al thcrcof, ~ngeihat with a re:apt fw ~Ar premium of s+xh re~wal; and ~nrrr slall be rw f,re o~ wi~:ds~orm ir,wra.ue p~aced on any of sa~d tvild~nga, any interest ihere~~ w pa~t thareof, uniess m ~M fwm and w~ih ~he tou Qayeble as afwes~a~d; ~na in ri~e e.ent a.ey s.,M of rnoneY bzcomey pay:ble undri such poiky w pol,c:~s sa:d MORi!:AGfE s?al! have ~ha opt~on to rece~~e e„d ~ppty ~he ~a~r~e on accoun~ ol ~he ind.:5t.~i- neai secured hetlby a ro p.~mit se~d MORTGAGURS ~o ~et~we and ~se it w any part thercof 1or o~her y~rF~sez. .~.:~ho~t th,.~or r a.~ or ~••.~..~r- ~ng aay equ~ty, !~en or npM undcr or by v:rtue o/ th~s mo:egage; and in the event sa:d M~~IGAGORS sha!1 fa any rraaon fa~l to krcp ~he sa~d p~am~sas so ~ns~~red, o~ (s;~ to do:,~~r prarnptly any of s~~d pol~cles ol inaurance ~o sa~d MORTGAGEE, or fa~l p:ompdy to pay futly any prr +~wm ~hc~e+or a in a~~ rospect fail to perform, d~s:narge, exccute, e{fect, ca~~plete, comply wuh a~ul abide by th~s cove~an+, a any par~ hr~caf, sard MORTG.~GEE msy ptue a~o pay fw s~cl~ :naur,u:ce or any parr the:eof w~~lwu~ wa~v~ng w atFec~iog any oprion. lien, equ~ty, or ~~gh~ under a by v~~~ue o( ~h~s Maegage. ar,d the iull amount of each and e~ery s„ch paym~ro shall be immed~ately due and payable and shall bea~ iMeresl f.om tha datr ~hc~cof wuil pa~d at ~he ~a~e oi mne per ccntum per annuan and to~rtlkr w~rh such inre~esr snali tu s~~c~rec! by the tien of lh;~ morrg.~ge. To permit, commit or sutfe~ no wtsle, impa;~men? or dererioranon of sa~d property or a~y parl thereof. S. To pay al! and s;ngutar tF~e coits, chargrs and expenses, induding a ~easonaDle attwney i fee and costs of abstracts of t~tle, incur.ed o• pa~d at any tim.e by said MORiGAG:E, becau:e or in the event of the failu~e on iha Dar~ ot ~he saed MORTGA(',pR to du:y, pramptly and (utiy pe~fr.m, d~scharge. eaecute, etFtct, complete, comply w~th and ~b:de by each and every tFK stipular:ons, agreemenn, tondilions, ~nd covtnants oF sa~d p~om~ssory nate and this mortgage :.ny a e~~her, and sa:d~cosrs, charges and expenses, eac1: and every, shall be immed~atety due a:+d payab:e; wh~:the~ w not thr+e be nonce da ~~3~, attempt to colkct or suit pend:ng; and rhe fvll arnount oF esch and cve~y such paynknt shalt bea. ~nreres~ from the dare thereof un~~l paid at ~he ~•-:r of nine per cer.tu:n Fer a~:,,v-r, a,~c a+l sa~d cesrs, cF 3~s a„d r:penses +neurred or paid, toyether w~th auch inresest, st~all be setured by tt.e I~en o( th~~ mortgage. 6. That (a) in +he event of any breach of ~his Mortgage o~ defautt on the part of rho MORTGAGOR, or (b) in the event any of sa:d ~ums of mor~ey herein rofened ?o be nc: p~ompqy and fu~ly paid wi~hin fh..ty (3p} days nrxf aire~ the seme sevcra~ly become due and payable, whhou~ demand or norice, or (c) in the event each and every the sGpu:at~ons, agreemcnts, cond~f~a~s and covcnants o'. sa.d p.cm~ssory no~r and th,~ mortgage any ot e~ther are no~ i~iy, prompdy and ful:y perfo:med, d~scharged. eRecuted, eiiected, compieted, canpl~ed with ar.d ab~ded 5y, then in either a any such event the sa~d ag ~regate sam mentio~ed in sa~d promissory note then rema~ning unpa~d, wirh interest accr~ed, en~ ail nwneqs setured heieoy, sha~l becane due and pay abie forthwith, o~ ~h=reaf;er, at !he option of said MORTGAGEE, as fully and compte~e~y as if ali of rhe said sums of money ~nere or,gina;ly s~~pu:ated to be pa~d on such day, anyt!~irg in :a:d prwn~sswy no?e or in ihis Nlc.~ga~.e to the contrary not.~iths~and~ng; an~ ahcreupon or thereaftrr a~ ttK op~~on of s~.d MORTGAGf_, w~rhout not~ce or demand, su~t at iaw w in equiq. ``erefae w thereaiter begun, may be p~r_ecuted as if atl moneYs secvred herety ^,_d marured pnor to ,ts inst~tutwn. 7. That in the event rhat at Nx begir.n.ing of oc at any time pending any suit ~pon ~h~s Mortgage, a to ioreclose it, or to refwm it, or to enforce payment oi any daims her~under, said MORTGAGEE shall spply to the Court haviRg ~wisd~ctipn thereof for the appo~ntment of a Receiver, auch Couet shafl fcrrhwith appo~nt a receiver of sa;d mortgaged property al1 end s:nqular, inc:ud:ng aL and smguia+ ?he income, profna, iuves and revenues f~om whatewer sa~rce dr~ived, each and eve?y o! wh:ch, it ?King expres:ty understood, ia hereby rnorfgaged as ~f spec~ficalty set forth and deunbed in the gran~ing and h~bendum clauses hereof, a~ s~ch Receivrr shali have au the broad and effecr;Ye func~.ons and po~vers i~ anyw~se ent~ust~d by a tou.t ro a Recrive~, and s.,ch appair.tment 3hai1 be made by such Covrt as an admitted eqvity and a mat!er of abso!ute nght ro sa~d MORiGAGEE, and witnou~ relerenee to Ihe edtq~3cy w inadeq~acy af rhe value of ~Fx property m~ngaged or to ~he so,vency or ;nsoivency of said MORiGAGOR w the defendents, and rhat svch ~en~s, prol~ts, incane, iuves and revenuas shai! bs appi~ed by such Receiver acurd~ng to the l:en or equity of sai~ MORiGAGEE ar~d the praclice of such Court. 8_ To duly, promptly a~ fuiiy perform, d~schar7e, execvte, effect, completa, cor.~pty w~th and abide by each and every ihe stipulatio~s, agree~nents, :onditipm and covenants in u~d promissory nor~ and this m~rrgage ser fwrh. 9. That in the ewe~t the p.~rnership of the mo~:gaged ~em;ses, a any parf t~erecf, 6ecomes vested in a perscr. ott~r thon the MORTGAGpR, the ti',ORTGAGEE, its successors and assiqns, may, v.~itho,;t nor.ce to the MORTGApR, deal w~th such successw or succeiso~ in interest with reference to this m.ortgage and ~he debt hereby secured in the same ma~ire~ as wish IlSorrgagor w~thout in any way v~r;aring or d.scharg~ng the Morrgagors' liab;iit~ bero- ur.der or upw~ tne debt he+eby secured. No sate of the prQm~ses hrreby mortgaged ar.d ~0 lorbeara~ce on the part of the ?AORiGAGEE a its svtcessors or assigns and ~o e=ter.sion of thr t~me for tFw payment oi the debf here~~y secvred given by Ihe N10RTGr.GEE or its wccesso+s cx au[gns, a~~all operate ro •etease, d~scharye, mod.ly chanqe or afiect the or;g:nal l;ab:l;ty of tAe K.ORTGAGOR here~n, either in whole or in Fart. 10. It is speclficully agreed that time is of the esser:e ei th~s con~ract and that no waiver of any obf~gat~on hereunder w of th~ ubligatar. x- cured hereby shai~ at any time the~eafte? be held to be a wa~ver of the terms hereof w o( tFwe instrumeot secured he~by. 1!. In a~d nen to the forego'n~ monfhiy paym~nss of pri~c pat and inreresr requ~red ty :he prom:ssory no~e secured he:eb~, mortga~or covenan's ~~d agrees ro pay to rr.ongagee w,?h each ~nonrh;y pa~~ :ent an ad~,iional sum es~~mated by mortgagee to be equal to 1, i2 af ti,e a.,r,ua1 cosr of the fo:low- ~ng: A-Atl real property taxrs Irvicd w assessed aga~•~st the above described real euate. B-Pr~•~*:~u :+s or. {~.e and w~ndstorm ~nsura~ce as iiere~n ~~~q~~'red ro be carrlcd en the :~Yras_<ments s:tuate on t~x abovc desu~bed prem~ses. C-Prerr.~vms on sich mwtgage gua~ar.fy ]r<.wa~.ce as ,no•rg:~gea sna.~ .,.r t..^.~e to sie:e deem f t to carry on t!~e loan sec~:ed hereby. Mortgager shail ~ron :=me !o t:rre no!~fy martyagor ,n writ6ng of the amouot due and paYaule hereur.d~•r and auch sv^~ shail theceupon be due and :~Yab!e on thr due oaTe ef ~he nert mor.th:y payment and each suuessive mo~~th thereaitrr uct~i mortgagee she!? not:fy mor~gagor of a ct+ange in such o~nt. $uch sums sha:l 3e appiied by-mortg~gee t~hard the payrnent of real pr~pe~ty taaes, insura~ce prem.ums, a~id martgage guaranty insurante p•emiums. IN \'~ITNE55 1 HEREOF, the sa~d MORTGAGOR has hereunto ut his hand and seai tFe day and year first afaesa~d. ~ Signed, Sealed and de?ive~ed in the p?esence of: ~ 1~ ~ n-ao ~ Dan Lance Itilev _ts~a~ L ~ C-1C ~ ~ L-ca.i. -Q ~C'c-v (seaq CaYO2 S. Riley ~~a~ STATE pF FLORIDA ~ COUNTY OF - St Lilsie ~ 1 Before me perwnatty appeared _ ~dll Lance Rilev a~ -~r01 S. R~~le~ his w;fe, to me wel[ known and known to me to be tne individuals described in and who exec~ted the foregoing instrument, and ackno,nrledged befwe me t~at th.ey executed the same for the p~rposes ~herein expreued. And the said , C3Z01 ~11Qy r.:fe of the sa~d Dan Lance R1ZQx upon a separate and private e.aminat~on by me tatcen separate and apart f~om her sa;d husband, atknowledged to and befere me t}w! she execured said instrument freely and volun- 'a.;ly and w:thout any cxr+,7,,:sion, constraint, appr~hje~s:o~, fear of or fran her said F~usband_ WIiNESS my hand and off;c;al seal th~s__ day of FebTllal _ ti p 19 73 LL ~~-,Cc' ~^l~ gRary ~ub~ic ~n and for the 52at ,~b~a Uts~~e• t M~y Comm;uion expi~ea: ~ ~L• ~ . ' ~ :d = Retum To: ` .fy First federal $avings a Loan Associat:on NOTARY PU8=1G ST11g 0~ ~IRI~ ~R~~c = OI iort ?e;te. MY Cl?!.!!~lISSI(]~i~(CIR~DE~. 19,11..~~ ~ Fori P.rr,-e. Ffer;d~ 8o~ded Thru GcT~~~7lsur ce 1~nCew~ritera.i.~ ` f~•~'-.~- w : ,~r. 11 ~ ~ - 7 ~ y~'.T„? ~ ~.~s~r.~~.~ This Instrument Prepare~ Ry John '~I. ~ollins First Federal Savi~gs 8~ Loan Association f~~E~ ~'~C Lc'C~ROEO of Fort Pierce , Rlorida ST ,~~~`-~~::.~M~~S ~A_ Checked 8 R~ CtE=~. -_;F CQURT f~ ~ ~8~n~ " ~ V FEe ZI li oz AN'13 30CK Z~~ PA;E ~Z~ • ls - - - _ - - - - - : ~.~"yr..~..,. . ~ ~ = ~ - - . - . . - - a.