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Home My WebLink About1511 i. To pfacs a:+d ccr.~nvou~ly keap on the bui!d.~gs now a he~ta(tN ti~wn on said land and on ~tl aqu~pnen~ ~nd persw~ally covered by th~s mon~ sge, with all p~emiums the~son pa~d ~n lul4 fire insurance in thi usua! ttsndard poiicy (o~m. in • sum approv~d by the MOR~GAGEE, and windi+pr.~- ~nsuran:~ in the wwt ~~andard go~:cy torm, i~ a wm approveJ C; ~he NK1RTvAGEE, i~ su:h company o: canoanies as iM MORTGAGEE nay d~rect; and aU fi~~ and w~nds~ac~n insuranct pot~uet a+ any of ~~d buJd~ny~, a~y iata~~t i1u~r~n w pan thrreof, in tht iQy~egaee sum afwesa~d o~ in exceas ~hereof, shatl cont•in Nw uswl sundard ma~ga9e~ claus~ o~ such o~her da~s~ a~ tM Nbrt9~gt~ may requu~, ma?~ng ~he loss undr~ ~s~d poli- c~es, each and av~ry, payabl~ to sa~d MORTGAGEE ai its ~~~rrest may sppear, and each and eve~y s~+ch pot~cy shafl be p~omp+:y ass g~ed a~d de:iverad ~o e~~y held by sa~d MC3RTGAGEE as fu~~he~ se:uriry ~o sa~d mwtgage debt, and, not leu than ten p0) dsys M KIvOMf of the ex~iration cf each pciGq, to tlvei to said MORTGAGEE a r~newal ~hc~cof, to9e~her wi~h a~ece+pt fw Iht prem~um of tuch ~enewal; and ~hare shaG be no hro o~ w~~~diro~~~ insuraoc• alsced on u~y o} sa~d bu~Idinga, any inte~est thereu+ or part thereof, unles~ in tM form and with ~Fx bss payabk as efo~esa~d; snd in tht e.ent any sum of nwray bccomr~ payaCfa unda wch policy o~ Wl~c~es se~d MORTGAGEE shall have tt~s opt~on t~ riceive and apply the sanw on +ccoun~ e~ the ~^debt~'d- ness secu~ed hereby w ro aerm~~ ss~d MORTGAGORS re receive aod use it a any part ~hercw~ fw oe~cr purpoirs, ..n;~c.:r ~h-~, u~ o~ ~^~r.~~r- ~ng any eqv~ry, lien w righ~ uncler a by virtue o( this mozs~a9e; and in ~he event sa~d MORTGAGORS shaA fw any reason fail to teea ~he sa~d p+cm~s.•s so ~ns~red, a fail to deliver ptomptly ~ny of said pol~cies of insurance lo ts~d MORTGAGEE, or fai! promp~ly to pay fully any pre~nium theretor oa in anr respect Fait b paform, d~ach.rge, sxecvte, effecl, complets, comply wi~h and ~bids by tni~ cove~aro, o~ any pan Aer~of, said MORiGAGEE may puce a,~d pay fot such insur,uite or +u+y par~ thereof without w+iving or affectirp any opt+an, lien, equity, ot right under or b~ virtue of ~his Maegey7e, ~nd thc ~~il amoum of each and ewry such payment shall be immcd~ateiy dw and payable u~d ihali btar iroerest f~om the date thc~eof un~il paid at the r~~e ol ~une per cenWm per annum and to~eti+Er with svch intcrest shall be secured by the lien of this mart9age. 1. To permit, commit or auf(er no waste, impairrtKnt p dNeriwation of said property w ~ny parf the~eof. 5. To pay atl and singulu the costs, cha~ges and expenses, including a reasonabk attorney's Fee and costs of abstracts of t~tle, i~curred or pa~d a~ any time by sa~d MORTGAGfE, because or in tt+e event of the tailure on thc par~ of ~he said MORTGAGOR to duly, p~ompNy and fu~ly pe~fam, d~scharge. exxute, effcct, complete, comply with and ab:de by each ifKJ lVYY fIl! sripafat~ons, agreementa, conditio~s, ar.d covenann of uId p+omissory note and ~his rortgage any a e~~her, and sa;d costs, cherges and e=penus, each and every, shail be immed~alely due and pay~bte; whe~kr~ w not rhere be nonce d~ mand, atremp~ to colktt or suit pcnd~ng; ~r+d the fult artwunt of tach ~nd e~e~y svch payment shatl be~r intcrest irom the da+e ~hereof umil pa~d at the ~.,te o! r.ine prr c~ntum ~ an,~uar, and all said costs, charges and expenus inturred or paid, togcther w~1h suth interest, shall be ietL:ed by the t~an of th~~ mottgsgO. 6_ TAat ;al in the event of any brcach of this Ntortgage or defau:t on the psrt of the MORTGAGOR, w(b) in the event any of satd sums of money hrre~n refrred to be not prompdy a~~ fo11y paid wi~hin th~r!y (30) days nea~ aftcv Ihe same severally become due .ed payable, wi~hou~ dem+nd or no~ice, cr ;c) in thr event aach and ev~ry the stiputatioos, agreements, c«+difions and covenann of sa.d promiswry note and th,s mwtgage any o~ eithe? are not i~iy, p~omptly and fuily performed, d:xharged, executed, effected, compkted, compi~ed wi~h an~! ab~ded Sy, fhen i~ e~ther or any such event ~1+e u~d ag- g~egate sum meneioned in said prom~uory nore then remainirg unpaid, with interesl accrued, a~d s11 ewners secured hereby, shall become due and pay- eb~e forthwith, w thereaf~er, at the opr:on of said MORTGAGEE, as fully and comple~ely as ii ~II of the :aid wms of mo~ey were agin~fly st~pu:ated ~o be pa~d on such day. anything in sa:d promissory ~ote or in this Mortgsge ro the conrrary notw~~hs~and~ng: and therevpon or thereat~er ai tt•: op~~on of s~~d MORTGAGEE, w~thovt norice or demand, wit at law w in equity, therefwe or thereafeer begun, may be prosecuted as if all moneys secured hereby nrd matutcd pnW to its institutqn. 7. That in the eve~t thst 'at the beginn:ng oi w ~t any time pe~ding any wit upon this Mortgage, o. ro fweclose it, o? to refo~m it, or to enfwce ,.~yment of any daims hereunder, said MORTGAGEE shall apply to the Cou*t having jurisd~ction thcreol for the appointment of a Receiver, such Court shall forthwith aFpoi~t a receiver of said mott9aged p~o{xrty all snd singular, includmg all and singv~u the ~ncome, prof~ts, issues and revenues irom whatever s~urce drrivcd, each sr+d every of which, it being eapreuly undcrs~ood, is hereby mortgaged as if specifically set forth a~+d dexribed i~ the granting a~d i,abendum dauses hereof, and such Receivcv shall have all ~he lxoad and effective functwns and powe~s i~ anywise entrusted by • Covr1 ro a Recei~rer, and s~ch appoiro~nent shall be made by such Cw:rt as an admitted equity and a mauer oi abwtute right to said MORiGACFEE, and wiihou~ refereoce to the e;.+_y~acy w inadeqvacy of the value of the property mortgaged w to the sowency w insolve~cy of sa~d MWRiGAGOR o~ the defendants, and rhat such ra~rs, profits, income, iuues and revcnues sha:l be ~pplied by such Receive~ accorduig ~o th+: lien or equity of u~d MORTGAGEE and the practice of such Court. 8. To dufy, pranptiy and fully perlwm, discharge, execu:e, effect, complete, comply with and abide by eacA and every the stipulations, agreemenis, :or,ditions and covenants m sa~d promissary nore and this mortgage set forth. 9. Tfia~ in the eveM the ownenh7p of the rti~rtgaged prem~xs, or any part thereof, becomes vested in s perwn other than the MORTGAG~R, the ,ti'ORTGAGEE, its s~YCesso~s and assigns, msy, wittwut notice to the MORTGAOR, deal with such succeuor or successor in interest with reference to this n.o•fgage and the debt he~eby secured in tht same manner as with Nbrtgagw wirhout in any way vitiatirg oe dixharging the Matgagors tisbility herr under or upon the debt hereby secured. No sale ef :he premixs hereby mort9aged and no forbearance a~ the ~an of the MORiGAGEE w its successors o~ ass~gns ar,d no earens~o~ of ~he ~~me fo~ the payment of ~he deb~ hC.~by a~.~~~ y~.~~. 6~ tF~ ti„::R:GAG.C :ss iJ::Eii:.:l :.r ass:gns, ..k*tt operate ~o re~eau, d~scharge, modify change or alfect the orig~na! liab;l~ty of the AAGRTGAGOR ncrein, either in whole or io part. 10- It is specifically agreed that time is of the esxnce of this ton~ract and that no waiver of any obltgat~on herevnder or of the c'~tigatan x- cured F~ereby shall at any time thereafter be held to be a waiver of the terma nereof d of the instrument secu~ed herby. 11. In addrtio~ to thx forego:+s~ mo~thly payments of prir.c'pal and inte~est required by tM promissory no?e secured hereby, mortgagw covenants ~•.d ag~ees to pay to mortgagee wiih each monthly payrnent an add~rional :um estimated by mortgagee to be equal to 1 f 12 of the annua! cost of the follow- A-All real property taxes Ieview a assessed aga~•ist the above described real estate. B--Premiums on fire and windstorm insu~ance as here~n requ:red to be carned on the ~mprovemeMS situate oo the above described premises. ~ C-premiums o~ wch T.Ot193~G g:wran:y ir.surar,ce as mortgagee shaR 4ra~r. t:me to time deem fit to ca~ry on the Ican secured hrreby. I' Mor~gagee shail from time ro t~me notify mo~tgagor in wnting of tl~e amo~nr due and payabk here~ndrr and such sum shall thereupon be dur and F r_~le on the due date of ~he next moath:y payment and each successive month therealt~r ur,til mwtgagee ahall rtotify mortgaypr of a change in such ~ . o~nt. Such sums sFall !x appiird ~y morrgagee toward the payment of real property taaes, irsurance em:ums, and mortgage guaranty insura~ce : ~e~r:wms. ~ IN Y~ITNE55 Wti~R:Of, !he said MORTGAGOR has hereunto xt his hand and seal the day and year s esai:. ~ ; Sg~ed, Sealed and delivered in the prex~ce of: ~ - + ? •n - ` 1~t :~1r, r ~ - - ~ ~ ~Seaq ~ ~Seaq 1 r ~ STATE OF fLORIDA , , ~ ~~~vrY oF 1 ~ ~ ~ ~ ~ Befwe me palsonaily appeared Mar ion Gt a~ ~ a 4ing7 a dul t ~~d• ~is ~+fer to me well known and known to me to be rh_ individual' desuibed ~n and who executed the foregoing inst~ument, and scknowledged before +ne that ~he~ executed the same for the purposes rhe~ein expressed. ~atLiba - Jw fe -ot- ~i+e ~ai~~ u~M?a.a~~Md. ~riratr --c+awwn~liowirw»w~ie~wMp~wN~w~~{»rlir~rwi~s~s~lw~~d~?~a4wo~r4rg~~e~disfor~.~~katake.ae~wtad.raid.iwuunwt~swd~ti . ~ra.,i~y~.aw~i w't6oirfwy ~or~rlsio~r~wcraicu..aPPr~~ip~?~ feu~oL a. fr~s her. v+d~rrsbarri~ , . I. n t t WITNESS my hand and official seal this_- ' - day of ~ i ~ ~.~a ~ ~ t'+;-- A. D. 19_~_ - - ~ ! i ~ _ i r";-~ _ ..<<~ .i ~ Notary Pubiic in and for t4ie S+at~ of Ftdida at lxge ~ My Comm~ssion expires: , t ~ ~ ' ~ - _ ~ Retum Ta • ; 1 - ; ' + . ~ ~ - ! ~ First Federal $avings a loan Associarion " C _ v - ~ Of Fort P:e:ce. • - ~ ~ Fort P:erce, ~lorida - , ' ~ 2488~~ _ ~ ~ . , ~ This Instrument Pre red B J H Rob rt ~ 4F~ `k;' ~ECJRD ~ Pa Y . . e 5, Jar. WCIr. c~;;; EO First Federal Savings ~ Loan Assaciation H1Y FLA. Q ROCE:= =•7~!i~p5 l]I ~ of Fort Pierce , Rlozida ~~E;?~ ~•.y~lT CQURT ~ ~~~'P'? VE•'i1E0 ~ Checked By ~ ~ 3 43 Ph'73 ~ ~ ao~x21~. Pnc~1509 ~ ---T - - _ - - - - _ _ - - - - ~ ~ _ . . _ . . ^ - ~ . ~ ~ . _.__~~._a_.~_s__._ _ r~~~~