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Home My WebLink About2019 To p~+~c~ and conrinua+siv tcep on the bui:dh~gs now a 1~errafter a+tw?e on san~ 4nd and +~n ~It eqc~pme~~t ~nd pcrsonally covered by th~s matg- with alf premiwes ~Yxrcon pa d ie (utl, fire insurance ~n the u~wi surdard polity (wm, in a wm appsoved by ~ha h~OR~GAGEE, and w~:.ci~~wm ~n+w~ance in ~tia vswi ~tazdard po:~cy lo~m, ~n + sum approved hy the MORTGAGEE, in tuch compa~y M ca*+pan~~~ +s i?+e N10RTGAGEE may d'uet~; and ail iu~ rnd w~n.lstorm ~nswance poGCies on sny oi saKi hu~ dsnps, ~ny i,u~ras~ the~e:n or pa+t thereot, in the aggrega~e u~n a~aesa~d w in eacesa tl+orcof, shall :onta~n the uwal stc~~dard rtwr?4aQae _~ause o~ ~ucF~ o~ha c~auss ~s tM lAwigayee may ~cqwre. maling ~he tcss unJr~ s~.d polt ciss, cxh a~~d ercry, payob~e ~o sa~d AIJRTGAGEE at ~~s imr~rs~ may apyes~, and eacA and eve~y such pol~cy ehall be p~ompNY +ss gnrd a~~d dr:~Yer.rd ~o sny held by sa~d MOR(vAGEE as iw~her security eo sa:d mott9age debl, and, not less tMo ten (10) dsys in ad-•snce o~ the eapuat~on of ea~:h Folity, ro dr fvM to said MORTGAGEE a rc~ewal thereof, to9e~her with a rece~pt tor tF?r p~e~nium of suth ~enewaf; a~d there shait be ra f,re cr windsto~m .~surance plxec on +ny of seid build~ngs. ~ny intersit ~hNe~n or part thrrcol, ur.Irss in the form and w~th the ~css paYabte as aioresa~d; ar.d in the rrenr any sum of mp?ey become~ payable undsr such policy w pol~ciea s.+id htORTGACiEE shall ha.e ~he ~p~~on to rece~ve a•xl apply the s+une a+ ac:oun~ oi ~he indrb~rd- neas secwed hereby o~ ro permit sa;d MORTGAGORS to ~eceiva and use it or any part ~:x:eof for o~i,er pu~F~osrs. „~•Th:.ui ~h-~~ .v-:.~ ~l or ~:+~a.•~~- ;ng any eQu;t~, IiM OI r~ght unde~ or by virtve of this mo::gage: +nd in the event ia:d MORTGAGORS sha11 fo• any reasan fail te krep thr sa~d p?em~s_s so ~nsurcd, or fall ro de~~ver pranpsly any of said po!rc~ea of insurance tu sa~d MORTGAGtE, w fa~l pron:p+ly to psy tuily any ~~re~»~urn ~herelo~ a in a~y respea ta~l ro pe.to+m, d~scharge, eaecwe, efFect, comple~e, comply with and abide uy this covenant, w any par~ he~eof, said AIGRTGAGEE may place a:~d pay fw such insurante or ~ny part thereof w~thout waiving ot af(e;t:rg any option, lien, equity, o~ righf under o~ by vi~tue oF this Mortgage, and the fvll a~nount of each and eve~y such parmen~ stw~l be immediately d~,e and payable and shall bear interest from the dale thereoi until pa~d at the rare ol n~ne pe~ cenwm pe~ annu~n and ~o~reher w~th s~+ch ~nteres~ shail tx s~urrd by ~he tien of this ~aor~gags. 1. To pcrmit, commit or suifer ~o waste, imFairmeM o~ deter:orat~~n of sa~d ~+rope+ty a any part thereof. 5. To pay a~i and singula~ the coats, charges and eapenses, uxlud~ng a reasonable anu~ey's fee and costs of abst~acts of t~ttt, incurred or pa~d at any time by w~d MORTGAGfE, beca~se o~ in the event of tFK faifure on the pa~t of the said MORTGAGOR to duly, promptly and fully p~Kio~m; d~xharge, execute, effect, complete, cemply w~th and ab:de by each and every the stipulat~ons, agreemr~ts, conditions, and covenants e: u~d pran~sso?y note a~d th~s matgage eny w s:~her, and sa~d costs, charges and expenses, each and every.~shatl be immed~ate:y due and payabte; whe~Fur or nor ihe.e be no~~ce da mand, attempt to co~lect o~ suit pend~ng: and the full amovnt of each and e~ery such payment ahall bca. in~erest from the da~e therecf until paid at ~he rare of nine per centum pN amiu:n; aixi aU said costs, charges and exprnses incurred a Faid, together w~th suth intarest, shall be secured by the Gen of this mortyaye. 6. That in the event of any breach of ~his Nbr~gage or default on the part of the MORTGAGOR, w(b) in ~he event any oF sa:d sums of money herein referred to be not pranptly and fully pa;d wi+hin th~rty (30) days next at~er the sar.K severally become due and payab+e, wi~Fw~vt demand w ~otice, or (c) in the evem each and everY the stipulations, agreements, cond~s~ons and covenants of sa.d p.omiuory note and th~s mortgage any w e~ther are nof ~~:y, promptly and fu11y performed, d+xharged. e:ec~eed, effec~ed, completrd, compl~ed with apd ab~ded Sy, then in e~:her or any such~ evem ~he sa,d ag g~egate wm rrKn~bned in sa~d p.ort+~ssory no~e then ren-~a~ning unpa~d, wi~h interest a:uued, and all moneys secured hereby, shall become due and pay- eb:e iwtti~nrith, a tFxreafR:, at the opt~a~ of so~d MORiGAGEE, as fully and completely as if a~I of the sa7d sums of money were a~ginaily shpuiated to be pa~d on svth dsy, anything in sa:d prom~ssay note or in this Mortgage to the contrary norwithst~nding; and rhereupon o+ ~hereafter at thr op~~on of. sa~d MORTGAC.EE, wirhau+ nonce or demand, svit at law or in equity, therefore w thereafter begun, may be prosecuted as if all morteys secured hereby nad matu~ed prror to ~ts mit~tutwn. 7. That in tF+e evert that at the beginn7+g of or at any time pending any w~t upon thia Mortqage, w to foreclose it, w to reform it, or to enfwce payment ol any claims he.eunder, said MORTGAGEE shall apply to the ~ourt hav~ng jw.~sd~crion thereof for the appo~mment of a Receiver, such Court shall forthwirh appOint a receiver of said mortgaged ptoperty atl and :ingu:ar, inctud•ng all and :ingular the income, prof~ts, issues and reven~es from whatever se~rce derivrd, each end every of wh~ch, it be~ng express~y u~derstood, is ~ureby mortgaged as if spec~ficalty set forth and desu~bed in the grant~n4 and habendum dauses hereof, and such Recei~er shatl have all tha b.oad and effecri~e furxt~ons and oowers in anyw~se entruated by a Cou~t to a Recei~e~, and s:.ch appointmrnt shaU be made by such Court as an ad~nifted equ~ty and a matter oi absolute right ,to ssjd MORTG.~GEE, snd withouf retere~xe 1o thr adequacy a inadequacy oi the value of the p~operty ma~gaqed or to ~he sotvency or ~nsotvenq of sa~d ,MORiGFGOR a the deiendants, a~d tha~ svch re~~s, profifs, income, :ssves and revenues shall be appl~ed by svcn Receive~ accord~ng to the lien or equity of w~d MORTGAGEE and the pracrice of such _ Court. B. To duly, p~omptly and fully perfwm, d~scharge, execute, effect, mmplete, comply w~th and abide by each and every the stipu(ations, agreements, conditions and covenants ~n sa~d promissory note and th~s mortgage set fa~n. 9. That in the event the ownership of the mortgaged p~emises, w any part fhereof, becomes vested in a pe~son othe? than the MORTGAGOR, the f.1pRTGAGEE, its wcceuore ar.d assigns, may, without notice to the MORTGAOR, deai with such svcceuw w successor in ~nterest with reference to this mortgage and the debt herrby setured in ~he ssme tnanner as with 1Jbrtgago+ w~tho~t in any way vitiating w diuharging the Nlwtgagors' tiabelity herr ur.der or upon tlx debt hereby secured. No sale of the premises hrreby mortgaged ar.d no fo~beara~ce on the part oi the MORTGAGEE or its successws or assigns and no extension ot the time foc the payme~t of the debt hereby secured given by the hM1ORTGAGEE or its successors or auigns, ahall operate ro rrlease, d~scharge, modify change or aFfett the original iiabil~ty of ~iie ARORTGAGGR herein, tither ir? whole or in pa~t. 10. Ir is speclficatty agreed that time is of the esserxe of this conrrac~ and that no waiver of any oblfgat~on herc~nder or of the oblgation se- c~red h~reby shall at any time t{?ereaftcr be he:d to be a waiver of the terms hereof o~ of tht instrument secured herby. 11. In a~d.t:o~ to the forego"ng month!y paym~nts of princ'pat and intzrest requ~red by the promissory no!e secured he~eby, mortgagor covenants and ag~ees to pay ro mocsgaoee vv~th eath monthiy payr,:ent an add~~ional surn estimated by mert~jgee to be eq~ai to 1 j 12 of the annval cosf of the follow- ing: A-Atl real prop-rty taxes !ev~ed o+ assessed agai~u thc above described real estate. B-P.em.~ums on fire and wind:torm iresurar.ce as here~n requ:red to be ca+ried on the improveme~ts suvate on the above de:cribed premises. C-Premi~ms on such mortgage gvaranty inwra..ce as mortgagee shd!i from rme ro ti~ne deem fit to carry on the loan securec) hereby. ~ AFortgagee sh>;I from r~~ne to n:ne nosify mo:tgagor ~n K•riting of the amount due and payable her~undrr and such su~+ shall thereupon be due and ~ ;~yable on :he due dese of the ~ext mcnth:y Na~ment anc; each svccess~ve month thereaf~er ur.~il mortgagre shall notify mortgagor of a change in such G a•rovnt. Sach sums sha~l be app(ird by mortgagee toward the paymEnt of reat property taaes, insurance prem.ums, and mortgage guaranty insurance ~ rrem~~ms. IN Y1ITNESS L'+HERFOF, the said MORTGAGOR has hereunto set his hand and seat the day and year firs? afwewid. ~ S:gned, Sealed and delivered in the presence of: / + ~ 1~ an witness: Ro nie L. Mar an csean ' (Seaq witness • Sbirle Mor ~~aq STASE Of~~s Georgia 1 SS. ~our~n oF ^~~~C,~~• i Be(«e me personally appxared Ronnie L• l"~OrC~fl a~ ShirleY Morqan his wife, to me well known an~ known to me to be the individuals described in and who executed the foregoing instrurrxnt, and acknowledged before me that they executed the same fw the purposes ~ rherein exp~essed. And the said ShirleY More~an N;fe of the said Ronnie L. Morgan u~ a se~parate aod private examination by me taken uparate and apart from her said husband, acknowledged ro and before me that she exetuted said instr~meM,freely a~d voi~m ~ ~ !a:~ly artd w~thout any compuls~an, constraint~ 2(1~ftf120~i0l1~ iear of or from her said husband. . ~ WITNESS my hand and official seal this-~~ ~ _ day of ry~~ •A. b.. 19 73 • ~ ~ ' C ~ ~ - ( r ~i ~~-j~G_~~ ~ 1 N ry ~ubtic in and fw the 6(e , r+c$ ai large = ' ~ My Commiss+on expires: . ~ _ ~ Retum To: ~ ' ~ First federal $avings 6 loan Association , ~ ~ ~ ~ 2491'71 i ~ . . . Of fert P ere?- . . ~ j ~ _ f.i; C;, :ss,:;n - • : k Fort Pf~-rce. FIo-~Ja o~. - • ' " -1 \ ~ Fl1ED s* = =~~~RDEO ST.W~It ~OW~TY fLA. ~L' - ~ RG~f P o0~7RAS ~ Tt~is Instrument PrE ared B D. F. Holer r r ~i' COURT ~ P Y 9e CtE~..' First Federal Savings & L~an Association RFC~~ ~ '~t ~ * of Fort Pierce ~ Rlozid2~ ~ M~ut 1 10 z6 AI~ Z3 n R ~ Checked By ~ b~ C r z' 1~ P`„ F i ~ ~ ~ _ ~ z _ ~ - - - - - ~ r " ' ` '3 ~ ~ ~~Ya ~ ~ _ - ~ '~~q v ~ . ~