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Home My WebLink About2736 To pix~ ~~d co~unuuusly keap on ehe bui!dings now w he~e~it~~ sitwte o~~ said land and on ai~ cq~~pment and oe~so~ally covc~ed by this mor?g- ~g~, with slt premiums tAercon pa~d in futl, Gre iniurance in the usual i~a~xierd poGcy lorm, in a t~n'~ appro.•rd by the MOR~i,AGiE, ~nd w~~+d~tam ~~suranc~ in the ~sw+ srandard pol.cy fam. in e tum approved by the MORTGAGEE. in tucb comp~ny w con:pa:~~es af ihe ~ORiGAGEf may d~racij arnt alI fir~ a~d K•~nd:~orm im.rranee polK~es an any of ia:d buildlf~i, N1y In10~l31 IIMrliA O! part thireof, in tM agg~e9ate sum ataesaid w in ~xces~ Ihtrepf, shall cortain ~he uswl standard ma~gag~e cl.use ow such o~he~ clavse ~s 1he Mortpage~ may rcqwrs, ma4i~:g the Ioss ~+~d:r se~u pot'r ues, each and evNy, payah!s ~o sa~d MORiGAi,EE ~s ~~s in~errs~ mry ~ppear, and each and every such po~~cy ihe31 bs paon:pfty ~~s g~~rd i~:d del~.r~cd ~o my held by se~d ASORIGAGEE ~s lurthrr security to said mortg~ge debt, and, not k~s ~han ten (:0) deys in ad+a~ce o~ ~he eapirahon o( each po6cy, to da- Gvq 1o said MORTGAGEE • re~ewal Ihereo(, ~ogetha with a ~c;e:p1 to~ the pr~mium of suth renewal; a:~d ~here ihall be ~w f.re o. wmdsror,n ir.s~:ente ~ P~sted on any of said build~~gs, any interest thare:n o~ parl thereoi, unlcss in the form and •n~th the loss psyable as atweuid; u+d ~n tM event any sum ' o! i.oney becpmes payable unde~ •~.ch policy u pottcies sa~d MORTGAGEE snail hare ~he opt:o~ ro rece~ve :+,d apply the same on acco.inl of ihe indrLra~d- ness secvred Aereby a ro permit aaid MORTGAGORS lo reteive and use it or any parr thc;t-of !c~ o~•~~•r purf-osa•s, ,•.nh:~u• ~h,.c ,v:~.. ar +~g any eqv',ry, iien or right unde~ w. by virtue of this mo:tgage; and in the wrnt sa:d MORTGAGORS shafl fo~ any reason iail to krep ~he aa~d premi~as w insured, o~ fail lo det+ve~ pro~npHy any of said poLcies of insurance to fa~d MORTGAGEE, a Fad promprty to Qay iviy aoy prr~n•,~~n thr,~for o~ in any respect (ait ro pe~fwm, d~sch.?rge, e~eecu+e, eflec?, canple?e, comply wiek and ab'de by ~!~is covenant, a a~y part hereoi, said I/IG~TGAGEE ma~ place a~~d pay fa such insurance or any part Ihercof w~''>++ut wa~ving or affectirq any op~~on, lien, equ~ty, or right under w ov v~rwt oi ~i~~s ::.w:y.yc. full amovro of ~ach and eve~y such paymem shett be im~ncdiatety due and payable anJ sha!! bes~ interesl from ~ha date ~hereof u~~il pa~d at the ra~e ol r,~ne prr centum per an~um and ro~ather wi+h sucn inerres~ shaif be arcurcd by the I~en of th~s mongage. 1. To permit, tomn~it or s~iter no waate, impairment a detrrioration af said property or any pa?t thereof. ~ 5. To pay all and ~ngulu the cous, chargcs and expensrs, including a reaso~abte anorney's (ee and costs of abstrscts of title, incurred o. pa~d at any time by said N10RTGAGfE, because a in the event of the fa;lwe on the pai~ of ~hs sa;d MORTGAGpR to dvly, promptly and fu11y pcvfarm, d~scharge, e,~ecu~e, e1(e:~, complete, comply w~~h and ab;de by each and every ~F+e sripulat~ons, ag~atiments, cond]tions, a~ covenants of se~d p~a~~~ssory note uid ih~~ n.wtgogd any or c~tfier, and aa~d costs, chaiges and expenses, exh and every, shall be immed~atefy due and payab:r; whe~he? tx not rha~e be r.ofrce d~ mand, aTtempt fo colicct w suit pend~ng; a^d the futl amount of each and every auch payment shall bear ;nferes~ from ~he dare ihercwf until paid a1 ~he r,~~e of nine per cenwm per aouum; a~x! all said cus~s, charges and eaprnses incu~red or pa~d, togetixr wah svch interest, shall +~e aecured by the l~en of th~i mortg~. 6. That (a) in ths eveni of a+:y breach of thia Mortgaqe a default on tfie pan of the MORTGAGOR, a(b) in the evcnt sny of satd sums of mo+Ky herein referred oo be not promqtly and fully paid w~tlun th~rty (30) days next atter the same severatly br:a„e due and payable, w;~hovt jeman~ O? ~?Otitt, or {c) in the event rach and every tIx st~pu:at~o~s, agreement:, sond~r~o+~s and coveaunrs ot sa.d promiasory note and th~: mortgage a~y a e~ther are o01 ~uly, promptty and futly performed, d~xharged, cxecuted, effected, comp:eted, compl~ed w~~h snd ab~ded 5y, then in e~ther a any such event the u~d ag gregate sum rtKntiona! in sa~d promissory oote then remaining unpaid, with intc~est acuued, and etl rnoneys secured ne+eby, shall betome due and pay- eble (or?hwirh, o~ ~hrreafter, at the opt~on of said MORTGAGEF, as fulty and comple~e~y as ii afl of tl~e said wms of mooey were orgi,ia~ly st~putated to be pa;d on such day, any~hing ;n sa:d prom~sswy note ar i~ th~s Mwtgaqe to the com~ary notwi~hstand:ng; and therevpon or therealter a~ the ope[on p( sa:d MORTGAGff, vii~hout norice cv demand, suit at !aw or in equ;ty, fhe~eJore or tFKreaf~er begun, may ba proxcuted as if all moneys secured hereby nad matured pnpr ?o ~ts instiWtion_ 7. Th~t in ths event that at tF+e beginn~rg oi w at any time pend~ng any su~e upcn tF:a Mo.tgage, w to forec{ose it, or to re(orm it, o~ to e~force paymMt of sny ctaims hereunder, saio MORTGAGfE shell apgfy to the Court haviag jur,sd;dion fherl.wf iw the appo~ntment of a Receiver, such ~ourt shnll FonhwitA appoiN a rece~ver of said morrgaged prope~ty all and singular, includ,ng atl ar~d s~ngular ~he ~ncome, prof~ts, issues and revenues from whatever :ovrce derived, each and eve:y of wh~ch, it betng ex~essly understood, is hereby mortgaged as ~f spec~fically ser (orth and deu,;bed in the gronring and habend,im clavses hereof, and such Receiver shail hsve all tne b~oad and effece~~e funct.ons and powers in anyw~se entrusted by a Cou.t to a Receiver, and s~ch appoe~tment shatl be msde lay such Court as an adm~tted equity and a ma~ter of absolu~e r~ght ~o sa~d MORTGAGEE, and without reterence to the adequacy a inadeqvaty of the val~e of the properry mwtgaged o~ to the so.vrncy w insolvency of ssid MORiGAGOR w the defendants, and rhat such renrs, profiri, income, issues and revenues sfjll be applied by sucF. Receiver accwd~ng to the Sien or equity of as~d MORiGAGEE and the practice of such Court. 8. To duly, promplly and fu(ty perform, dlscharge, execure, effecr, comptere, compty wi~h and abide by eath and every the stipuiations, agrcements, ~onditions aod tovenams ~n smd promissory note and this mortgage set fwth. ~ - 9. Thet in 1he event the owr ership of tM mortgaged prem~ses, or any part ther~f, becomes vested in a person othcr than the MORTGAGOR, 1he ti'ARTGAGEE, its wccessors and ass~gns, may, without nohce to the MORiGAOR, deai with such successor p successw in interes! with reference ro this r.:orfgdg! and the debf hereby setu.ed in tht sam! nWnnet as with Mo.sgagOt without in any way vit;ating p d~schargi~g the Mortgagpri liability hlrr under or upon the debt hereby secured_ No sale of the Fremises hereby mortgaged ar.d no forbearance on ihe part of the MOQiGAGfE or its s~ccessors or assigns and no extensuon of the time for ?he payrr.a^f of the debf hrreby sec~red given by the MORTGAGEE or its svccessws or auigns, s.tiall opera:e ~o release, discharge, modify change a a((ect the original liabil~ty of the MORiGAGOR herein, either in whole or in part. 10. It is spec:twa!Iy agreed that time ia of the esunce of ~his cont~acr and that na waiver of any obt~gat~on hereunder w of the obigatien sr cured hereby shaU at any time thereafrer be held to be a waiver of the termi hcreof w o! the instrumeN secured herby. 11. In add7ioa to the forega rx~ monthty payments of princ"pal and inrerest required by ihe prom~ssory note secured hereby, mortga~ar tovenants ar.d agrees to pay to mo:tgagee v~,,;h each momhty pa/raent an add~r~onat sum esr~mated by mortgagee to be eq~al to 1;'12 oi the anaual cost of the iellow- ir.g: a-an rtal property ta:es levi-d or a:sessed agai~st tFr_~ above desaibed real estate. . B-Prem~ums on fire and windstw~r. insurar.~e as herein requ~red to be can~cd en tne improveme~ts situate on the above d~FC.ibed premises. C-Premiums on s~ch mwtc~age guaranty ~nsura.~ce as mortgagee sha11 from t me to time deem fit to carry on the ban secured hereby. Mortgagee shail from ~irne to t~~re n~t;fy mertgagcr ir wrif~ng of the ar:,ovnt due and payahte he-eunder and s~-r!, sum shaD thereupon be due and cayabt~ ort ihe due dase of the next n:onth;y payment „nd each suctessive month thereafter ur.til mortgagee sha~l notify mortgagor of a thange in svcfi a-~ ount. $uch sums sRa:l be aop!ied by mortgagee toward the payment of real property taxes, insurante pre:n:urs, and rt:wtgage gua+anty insurance o•emiums. IN V~ITNFSS V/HEREOF, the said MORTGAGOR has hereu~to set hIs hand and seal fhe day and ear fi~st af esaid. ~ S" Sea deiire~ed in the esence of: .l_ . `-~•v- Sean i.@ I! A . D (Seaq r ~ ~ . , (Seaq {Seaq ~ ~ rg a . Qix STAiE OF FLORIDA ~ . Dade ~ c~uv~Y oF I Befwe me personai~y appeared 1-eV in A. D1X a~d ' Virginis C. Dix ! his wifA to me ~vell known and known to me ro be ; tne individuats described in and wfio executed the foregoing instru.~nent, and actrww,ledged before me that they executed the sarrK for tNb purposes ~ ~~~{e~~ ~=w~:ee. a,d in~ said Virginia C. Dix ~ ; w~fe of tlve said j.~111A A• D1X vpon {~;sep~Yd(d!.ln~~ vale exam~nation by me taken separate and apart from her said husbartd, acknowledgzd to and before me that she exec~ted said inatN~t+e~~~t¢y an~urr rarity and without any compulsian, constraint, apprehens~en, or ~..a~ of or from her said husband_ ~ WIi(YESS my ha~d and official seat thi: {'L_ day of ~rCh y:D,•1~~ ~/.5.~ 'V~~~• ~ ~ . ~ i ~L~_ ~ I / ^ Notary Publit in and {or the StaY ~o`i~,~l~r' at ~sry~ = My Commnsion expirts: . ~ " c - _ Return To: p ;iy~. ~ : f ; ~ . Fiat Fede~a! Sa•r+ngs 3 loan Associat;on ~ai~ry PaS~:~. J~i:e of f!sr~~a at Larga. :~~v ' Of Fort R[Prce. i~74. t%.,~~'..,. .''~'~i~. ' li) C~r~:wi;~i~z Ez~ires Ju4y - Fort Pierce. Flerida ~,~''~r' ' '1~. f~~E~ utiC~RDfD sr• IUCrC CaJkrr FtA. This Instrument Prepared By Richazd K. Kayes RQCE~ tR~{S First Fsderal Saving; u~oan Associafion RF~ ~~F~K ~;'~~/~i COURT ~ of Fort Piercg Florida vE?.Ficn _ z4~Q~ ~~r~~..~.+~ a.r•Y Checked By ~ t~ 2 52 1 H~ 73 Bo~K2~1 ~2734 ~ - sb # - - - - - - -