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Home My WebLink About1095 io pl~ce a.~d coniinuo~+~~y kccp a~ Me b.ri:dw+gs :+ow w he+cafte~ s+tuaro on sa~d lend ar+:! on all equ~pnen~ ~~d pe+sa~ally covsred by t1~a rr.w~~ w:th all ~wen~i„ms Nrson pa~d wa futl, tiro insu:ance in ~he usuat s~.+rxiard Fo;~cr fam, in + sum app+ored by t1a MORtGAGEE. and windi~wm insur~nca in tM uswl s~ar+da.d po~~cy fam, in ~ sum appro.~d by ihe MORTGAGEE, in uxh comp+ny o~ canpa~ies ~s fhe MORTGAGfE ~~ay duect; and all iire and win6:•a~m ~nsu~ance ~ol:cies a: any o( s+~d lr+iW~n~s, any +ntereat the~e:rt or pa~t thcreof. in tM ~g9reg~te t~m siores+id w In ~xccss tixreof, shaii :aaain tl~s usw~ standa~d mor~g..p~+ c~avie a such mher cfause u~he Moiigs3ee may requ~*e, ma\ing the loss un~e. sa~d palr cies. ~ach and a~rciy. p+rabi• ro w'wl N.ORiGAGEE as ~ts ~nterest may appaar, and c~ch end e.ery s:xA policy st~ail be PrompHy aug~ed a~+d de~:verrd to any l+Nd by esid AI~ORTGAG£E as fusth:r secunty ro u~d mor~gage drbt, and, not kss tMn ~cn (101 daYS in advarr.v ot tha eip~r~~~on o`. ~ach poGq, to d~- liver ro said MORiGAGEE a rst~ewal thereo(, toge~F.l~ with a rcca~pt tw the pre~r'uum of such te~ewai; ond Ihcre shall b! n0 f~re Or windstorm insurarKt pl.rad on ~ny of said buildings, any interest there~n a par! tht+cof, un:eu in ~M eo~m and wi~h the ioss paYabte as aforesaid: and in the evenl any sum of moMy beca~+cs pay+bte unds~ such poliq or pol~c:as ss;d MORTGAGEE shall Fwva iM op~~on to recr7v~ and appty the sanro o~ +aoua~ ol ~he i~dabtrd- neu sscured iyreby o: to permit said MORTGAGORS ro ~eteive and us~ it or any part thereof tor ofhc~ {,u~~wses, w~thout th_+: u~ wa~.i.i~ or m~pair- ing any pu~ty, Ge~ w~ght unde~ or by vir~ue of th~s mo:'gnge; ~nd in ~he e+rem s~~d MORTGAGORS shall for an/ rcawn fail ~o keep the satd p~ertusrs so insvred, w fail to det~ve~ promptly +nY of said po~K~cs of insurance to sa3d MORTGACfE, w faii promptty to pay fvlty any pre mum therefor or in a~y reapec~ fail ro perfwm, d~uharge, execure, e(fcc1, comp~ete, compty wish and abide by th~s cove~am, w any part hare~f, sa~d 1MORiCs~?GEE may p~ace a~+d pay fw such inswance o. anr parr ihereof w~~hout wsiv~~?g w afiec~i~g a~y optio~, lien. equ~ty, or right u~da w by virtue of this Mo~tgagr, ard the futl snwunt of each arxl every sucti payrneM shall be immedutely due ar~d payable ~nd shaU bear interrs~ frem the date ~hereof ~n~il pa~d at the rate ol n~ne per crnfum per annum and ~ogr~her with s~~ch ime+est shali be srcured by the liee o~ tA7s mortgsge. To permit, commit or suf(a ~+o waste, impa~rme~t w deterioraric.~ of said pope?ty w+ny p+r1 lhereof. 5. To pay all arsd singutar the costs, charges +nd cxpenses, including a reasonable at~aney's fee and costs of abatracts of title, incurrcd o~ pa~d at any ?ime by said MORTGAGfE, becavsa w in the even~ ot ~he fa~lure on tF?e pa~~ af ~he said h\ORTGA:aQR to duty, p~omptlY and fully pe~fwm, d~scharga eaecure, efiect, compleie, comp~y w~th and ab:de by eath •nd eve~Y the stipul+nons, ag~eemeots, cond:tiau, ar+d covcnants of said prom~ssory note and ~hi~ mor~gaya any or e~~her. a.~d sa~d cosn, chuges a++d exprnses, cach and every, shatl ba immed~ately due and payabte: whethe~ or not th.e~e be not~ce dc nand attempt to col:ect os wit pend:ng; and 1ha fu!1 arno~nt of each u+d eYery suth payment sha~l beo~ interesf (rom the date thereof untit psid at ~he ratc of nie+e pe~ centum ~ev -~uu:n; an~.' afl said costs, char~es and eapenses incurred w paid, togNher w~th such intetest, shalt ~e sK~red by 1he tien of rhis mortyaye. 6. That (a) in the event of sny breach of t'us Mortgage w defaul~ on the part of thc N10RiCAGOR, w(b) in 1he eve~t sny of ssid sums of money herein rafe~red to be na prw*~p~~y and fvlly paid wi?hin 1h~rty (30) days ne>s after the same seYe~atty beconx due end payabte, witlw~t d~n+and or notice, or (t) irt tMe event esch and eve~y the stiputations, agreements, condifions and cove~ants oi sa•d pran~ssory note and th~s matgage an~ w either +rc no~ ~uly, NrompNy and fufly perfwmed, d~xharged, executed, effectcd, completed, compl~ed w~:h and ab~ded 5y, then in e~ther w any sucA eveM the sa~d ag gregate sum me~tioned in sa~d promissory norr then remain~ng unpaid, with•in~e~es~ accrued, and att moneys secured hereby, s~w~l become dve and pay- ab~e forthwith, or therealter, at the opNOn of said MORTGAGEE, as tully and comple~ely as ii +I~ of the said sums of rraney were orginaily st~pulated to be pa~d on iuch dsy, anytkin3 in sa:d prom~ssory ~+o~e or in this Mwtgage to ~he contrary notwithstanding; and thereupon w thereafter at the op~~on of sa~d MORTGAGEE, w:thout no~~ce w demai+d, suit at law or in equiry, therefore or thereafter begun, may be prosecufed as if all moneys secured hereby ncd rtutured pnw to its iiutiwtwn. . - 7. That in the event th~t at the beginn:~g of or ~t any :im~ pending any suit ~pon this Matgage, w, to fO~R'I9I! IT, w to reform H, o? to enfores payment of any cla~ma he?evnder, said MORTGAGEE shalt apply ro the Co~.Yt Fwv~nq jurud~ceio~ thereof for the appa~tment of a Receive~, wcl~ Cour? shafl forthwith appoint a receiver of said mortgaged property all and sir~uls?, i~lvd~ng aU and singular the ickrorne., profits, issues and revenues ~rom whatever sn,,rce drrived, each and every of whKh, it being expreasly unders~ood, is hereby mor~gaged as if speufically xl fath and described in the granting a~~l h~5endum clauses hereof, and such Receiver shall have all the broad and efiecriwr f~,nct.ons and powers in anywise e+»rusted by a Cou~t to a Receiver, and s:.ch appointment shall re made by such Court as an admineo eq~:ty aw a~+.e~tet oi a~su:ctx r~ght to sai~ 4!4RiGAGfE, a~d without rofercnce to the edrquscy or inadequacy af the wive of the p.operry mor~gaged or to the wtvency or ~nsotvency of said MORiGAGOR or the defe~danss, and rhat such ;ents, profirs, incane, issues and reve~ues shall be applied by such Reteirer accwd~ng to ~he lien w eqvity of said MOStiGAGEE and ~he practice of such Court. 8. To duly, p~omptly and (u~ly perfwm, d~scha.ge, execute, effect, complete, co:nply with and abEde by each and every tF+e stipulations, agreements, conditions and covenants ~n sa.d Evomisswy note and tha mortgage sN forth_ - 9. That in the evedt the owner:hip of the morfgaged prem~ses, or any part t6ereof, beco~es vested in a perso~ other than the MORTGAGOR, the MORTGAGfE, its successon and assigns, may, withaut notice to the MORTGAOR, deal with such successw or successor in interest with reference to this mortgage and the d:b~ hc+eby secured in the same manner as with Mortgaga w~thovt in any way vitiatirg or d~scharging the Mor~gagori liability herr ~nder or upon the debt hereby secured. No sa!e of the prem~ses hereby mwtgaged and no fwbesra.xe o~ tlx part of ~he MORTGAGEE or its successors or ass:gns and no exrensio~ of the time fw the payment of the debt hereby secured given by ~he M02TGAGEE~or ~ts successors or ~ss~gns, aha~~ operate to re!eax, d~xhsrge, mod~fy change o? atfea the original Gabi~]ty of the N?CRTGAGOR here~n, either in whole w in ps~~. 10. h ia spec~(ica~ty agreed that time is of the essenc_ of this co~trxt and that no waiver of any obl'vjatan hereunder w af the obiigation se- cureo hereby shall ~i any time the~eaf~er be he!d to be a waiver of the terms hereof or of the i~strumenf secured herby. 11. In a~d~tioa to the forego:ng monthly Fayrrwnts o4 princ"pal and interest required by the p~omissory no!e secured hereby, rtwrtgagw covenants and agrees to pay t~ morrgagee wifh each monrhly payn,em an add~~~onal sum est~me~ed by mwtga3ee to be equal to 1;'12 of ~he an~ual cost of the follow- ~r:g: , A-AU ~eai property taxrs tevied or assessed a~~inst the above desvi~d reai esh••e. B-Pr~r.:~~ms on fire and v,indstorm insurarce as i~ere~n requ:red to be carried on the ~mprovemeats s~tuate on the above described premises. , C-Premiums on such mortgage guaranty ir.surar~ce as mortga~ee shaU from t•rr.e to time deem fit to carry on +he loan secured hereby. Mortgagee shaif frcm time to t~me no!~fy :nortgagor ~n writir.g of the amou~t due ar.d Fayable hereundtr artd such w:n shall thereupon be due and ~3yab~e on thr due date of the next ~~o~ih!y paymeni and each s~ccessive month tF~ereafter ur.t~l matgagee shall not~fy mortgagor of a charge in such ! - ~ a~-~ount. Such sums :.`:a:i be applied by mo~tgagee toward tne payment of reaf property taxes, insurance prem.ums, and mortgage quaranty insurance n•emiumi_ ~ !N Y~IiNESS :YtifREOF, the said A10RTGAGOR has F:greunto set iiis hand and sea: the day and year first a(or aid. , Sealed and deli red in presence f: r ~ n , _ - n ID W Y Seaq - adult ary . Sea~ Debra M. Jon , a single Sil.TE OF FLORIDA ) ~ ~ adult couNn of St . Luc ie ~ Before me personally appeared Ada~a S. l*7agner, Jr. ~a single adu1L a„~ ilnl~ra M innnc ~ ~i n~~~d~] t ~iliX~K to me well known and known to rne'to be ~he individwls described ~n and who executed the fo?egoing instrument, and actcnowledged before me that they executed tF~e sama fa the puipos~s therein express:d. . ~G~iGK77GlC 1 ' ~ _ ry . . RebruA ry 'f3 WITNE55 my Fwnd and official seal thi day of A- 4• : ~ ? . ~ - s ~ otary Public ir~ for -~i'F{qrid~~af ~i ` < My Commiuion ezpire • ~ 1 Return To: : ~ 7 ' ` ti L ~ First Fede!sl Savings 3 Loan Associat~on ~ Of Fort P:erce. , iort P~erce. Flor~da ~!4 oq~+e.~ti o ~ ~ F r This Instrument Prepared By D. F. Hole rget ~F~Qt. ~Ea~ First Federal Savings & Loan Association ~ _ of Fort Pierce ~ Florida +Q ~e ~ ffi~ S ~ Checked 8y ~ C b ~ { O; i 5' soc~ P,~cE1~95 248503 sb : - : - ~ - - - - - ti x _ ~ ~ ws _ _ _ , . _ - _ . _ ~