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Home My WebLink About0041 To p~ate a~d con~~nuous~y 4erp on ~he bui du.y~s now or he~eshe~ ~ituet~ on ~a~d ~and and on a~i P(iJ1wMfl1 and pe~w~+~~V cove~ed by thi~ mott~ p~, w~th •11 pram+v~~~s ~hrrcon pa d~n 1~i1, 1;re i~~iurenca ~n ~he ~sual stande~d po~iq (orm, in a•~m a~p+oved by ~he MORiGAGEE, ~nd w~nd~torm inwranc~ in tM uswl •+andard po~:cy fa~o, io a sum appro~ed by fhs MORIGAGEE, io ivch company or cwnpan~es ~s ~F+~ MORTGAGEE rnay dirltt; ~nd all lir• +nd wioJerorm insurarte po~iues o+~ +~Y of sa~d build~ngs, any in~eres~ ~hc~ein or pa~t thereol, in tM a~regatn tum ~foreta~d or In ~xceu ~he~eof, thall comain ttx usual slAndard mortgrgee c~ause a such otha clau~~ a~ IM Mo~tyayes m~y requ.r~, maA~np tha loss unikr ~a~d poli~ dei, each and every, parab!e ~o sa~d MJRiGAGfE si rts ~~~~~res~ may apy~e~r, a~xl each ar~d e~ery such po!~cy sha~~ !~e promp~ty a» g~rd end deiiverrd ~o any held by sa~d MORTGAGEE as f~r~he. srturiq to sa~d ~na~gage dcbt, and. not leu ~han ~e~ (101 days in ad~a~Ke ot ~he eapi~at~on o~ each policy, to de- livtr 1o said MORTGAGEE a re~ewal thereof, toge~he~ w~th a rece~pt fw tM promwm of wch renrwel; and ~here ~hail be no i~re or winds~o~m ins~rance plK~d on a~y of sa~d buildings, any intere~t there~n w psrt Ihercol, unless i~ ~he form arx! w~th the loss payaUle as a}o~es+~d; and i~ ~he event any sum o( money betonus payable unde~ such potiq o~ po~~ues sa~d MORTGAGEE ihall have ~he oyT~on ~o rece~Ye a~,d apN~y ihe ss~~~e on accoum of the indebtad- neu secured he~eby w fo permit aaid MQRTGAGOR$ to reCtive and uss it p ony part th~rcol lor o:iic~ pwF•osrs, v~~~i~o~t th_rau~ w~~.~.~3 or ~mpair• y ing any equ~ty, I~en or righl under or by v~rtue of th~s mcc'gage; and i~ the evero sa~d MORiGAGORS aha!1 (or any ~eason (ail to keep ~F~e said p~emite~ so ~ insured, w fail to driive~ p~omptly any of said po~iucs of msurance to sa~d MURIGAGEE, or fad prumptly to pay fu;iy any prem~~m therefor or in a~y i respect faii to per(orm, ducharge, execure, e(fect, comptete, comply with end abida by this covenant, w any psrt hereof, seid M~R7GAGEE may piace and pay (w tuch insuratxe o? any part thrreoi w~thout waiving or affetling any option, lien, equ~~y, or ngM under or by virt~e of this Mwtgage, snd the full amount of eath ar~d e.try such paymeN shall be immcdiately due and payable and sha~I btsr i~terest ltwn the date ~hereof u~vil pa~d aI the rate ol nfne per cemum pe~ annum and to~rlhrr with such interest shali tx setured by the Iien of thia mwtgaga. To permit, commit or auffer no wasfe, ~mpai~ment w deterioration of said property w any part thereof. 5. To pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and coars of abstracts of title, incurred or paid at any time by said MORTGAG~E, because w in the event of the failure on the part of ~he said MORTGAGOR ~o du~y, promptiy and fully periorm, d~s<harge. ; execute, efiect, comptete, comply wnh and ab:de by each and every ~he s~~puianons, agree~ne~ts, tonditions, and covenaros of said promissory note and ihi~ mortgage any or e~ther, and sa.d costs, che~ges and expenses, each and every, shall be immrd~atety due and payable; wherher w not there be notice de mand, at2empt to colle:~ or suit pend~ng; a~d the full amount of each a~d every such payment shali bea. +n~eres~ from the date thereof until paid at the rate of nine per ccn:~m Nar an~~um; a~r~' all said cosn, charges and exrenses incurred or paid, toyether w~Ih suth interest, shail be secured by the lien of this morfga~O. 6. Tha1 (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in ~he event any of sa:d sums of money herein referred to be not prompfly and fully paid wirhin th~rty (30f days nea~ a4~er the same severaily becana due and payabte, wi~hout demand or no~ice, cr (c) in the evem eoch and eve~y the s~iNu:aiions, agreements, condisio~~s and covenants of sa,d prom~>sory no~e a~~cJ ih~s mortgage any or either are no1 ~uly, promprly and futly pertormed, d~scharged, executed, effected, completed, compGed wrth and ab~ded 5y, then in either or any wch evem the said ag gregate sum mennoned in sa~d prcn:issory ~ote the~ remaining unpaid, with intere,~ accr~ed, and a~l moneys sewred hereby, shall become due and pay- abie forthwith, or thereafter, at the aption of sa:d MORiGAGEE, as iully and completely as ii all of the s.~id w~ns of money were onginaity supuiated to be paid on such day, anything in sa;d p~om~ssory note or in this Mortgage to the cor~trary notwithsta~~du~; and thereupon or thereafter at the opt~on of ~aid MORTGAGEE, without no~,ce or dernand, s~~r at law or in equity, therefore or therrafter begun, may be prose:uted as if all moneys secured hereby had matured p~~or to ~ts institution. 7. That in the event ~har at the beginnir~g of or at any ti~ne pending any suit upon this Mortgage, or to foreclose it, or to retorm it, or fo enforce payment of any doims hereunder, said MORTGAvEE ahall apply to the Coun haying jur;sd~u~on thereoi for the appointnhnt of a Rece:ver, such Court shafl forthwith appoint a rece~ver oF said mortgaged propi:rty a;i and singular, indud~ng alI a~:d siny~lar the income, prolds, iuues and revenucs frpm whetever source derived, each and every of ~vh~ch, i~ bei~~g expressly unders~ood, is hereby morrgaged as if sprc~f~cally xt torth and described in the granting and habendum cla~ses hereoi, and such Receiver shail have all ~he broad and effecnve funct~ons and powers in anywise emrusted by a Court to a Receiver, and s,:h appoinrmeni shalt be made by svch Court as an admitted equity and a matter of absolute r~ght to said MORTGAGEE, and without refererxe to thr adequaty w inadeq~acy of the value of the property mortgaged or lo the so~vency or ~nso:~ency of said MORiGAGOR w the defanda~ts, and that such rc-.fs, profits, income, ~ssues and revenues shall be applied by such Receiver ac.ord~;.g to the lien or equity of said MORTGAGEE and the praUice of such Couri. 8. To dufy, promptly and fuNy perform, d~scharge, exec~te, effect, complete, cornp{y w~th and abide by each and every the stipulatioos, agreemeMS, cenditions and covenanls :n said promissory note and this morty3ge set fotth. 9. ThaT in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a person other fhan the MORTGAGOR, the h',ORTGAGfF, its successo~s ar.d ass~gns, may, w(thout nctice to the :~lORiGApR, deal wrth such successor or successor in interest rvith reference to this rnortyage and the d_bt F~ereby s=.ur<d in the same mar.:i~r az v~~:h :".ortgagar w~tho~t in any way vihating or d~s<harging the Mortgagors' liability hert under or upo~ ~he deot hereo~ srcv.ed. No sa:e of ihe F~ern~ses h~reby mortgaged ar.d no iorbeara~ce on the part of the ?dORiGAGEE or its successors or ass~9ns and no earersioo of the hme ior ti,e payment of the debt h^reby secured qiven by the h10RiGAGEE o~ its svccessors or assigns, a~iall operate ro retease, d~scharge, modify change or zffect ~he orig~nal liabil~ty of the K.ORTGAGOR herein, e~ther in whole or in part. 10. It is spet~fi;alty agreed that t~me is of the esse+:ce uf this sontrac~ and that no waiver ol any obligat~on hereunder w of tne obligaYan se- cured hereby ahaii at any time ~herrafter be he,d to be a wa~+er of the terms hereof w of the instrument secured herby. 11. t~ add~t~o~ to the forege ~x~ rnnnthty p~yments of p.inc pal and in~erest rr~uired by the prom sscry nwe secured her~b~, mortgagor eovenants and agrees to pay to mortgagee wah each n,~nr},;y Fay~.~eM an add~iional w~n esc~n'~ated by mortyagee to be equai to 1,' 12 of the an~iual cost of the follow- n A-Ail rea! p~opcrt~ taias ~e:~:d er a~s~ss_d ~g,i~sa thc ahove descrf';•_d rra! estate. ' B-~Prar..~ums on f:.e ar.d w.nci;tor~n inz~.a~~.ce as nere~n reyu;red to be ca•r~ed en fhe im;:rovements s;t~ate o~ th: above d~sc~ibed premises. ~ C-Fremiu~ns on wch n:o:tg age 9uaranty ~nsvra..ce as mo•tgagee sha~l fro~r. t me to time deem iit to carry on the loan sewred hereby. 1Rortgagee shail frem ti~n:. to t~~,e r.c!~fy n:orr7egcr in writ:ng of the a~rou~t due and payable hereunde~ a~zd s~~h s~m shall thertuport be due and s.ayabte on the d~c a.~!e oi iF~e r_xt n:c:~tt~! f payment and each s~ccessive mor~th tiiereafter uatil mortgagee sha11 nor.fy mortgagor of a change in wth a•~ ouM. Such sums s'r:a:! be apF•i~~d 'cy mertgag~e ro.•+ard the payment of real property taxes, insurance prem.ums, a~~d mortgage 9uaranty insurance i ~ ;~•emiums. ~ IN WITP~E55 `l.'HER~OF, the said A10RTGAGOR has hereur.to set his hard and sc~l the day and ye first a(oresaid. ~i ned, Sealed and de~' red in the presence of: /v. ~ Seal) - _ (Seaq (Seaq ~ (Seaq ' S TE Of FLORIDA , 1 ; St Lucie ~ COUNTY OF _ _ 1 ~ Before me personally appeared _ ~Onald C. BIO~fI1 s^d _ Lillian B. BIO~1 his wife, to me we11 known and kno,wn to me to be the individuais described in and who executed the foregoing instrument, and acknowledged before me that they executed the same. for the purposes Lillian B. Brown rherein expressed. And the said ~ : ~ "y, . ~v~fe of the said ~~ld C. BrO~RI uport'a~se~a+aJe and~rivate exam:nation by me taken separate and apart from her said husband, acknow edged to and before me that she executed. said jfistr~yn n freQ1X ~-voluo- r~~,iy and w~thout any comp~fsion, constraint, apprehens~:o~n, olr fje,ar of or from her said husband. _ y,~ - J~'~~~j~ WITNESS my hand and official seal th~s_ _-_1-~/~- day of ~=~h i a,0.,:14 ,73 , ~ ~v. _ ; . • ~ Notary Public in and for the State~of flor' N, ~a~p~ My Commission e:pires: _ ' Return To: % ~ ' - First Federal Savings S loan Associaron 249899 ~iOTA.°.Y PUBL10, STAT~d FLORIDAat LfiRG` O? Fo~r P_-rce. ':Y COV;V,ISSION EXPiRES SEPT. 25, 1375 Fort Pierce. FI:,i;t13 ~Fy~,.1~.ki iV.! s?'~~~~E~ :-tiQE~ By A(T12liCdR g,(;N?f5 ~f:SU!3fiCE ~i'- 7•. is~C'i. :i~~ ~i,~. ~ $~;,L= P' ~TR~ c~.~s;~c c; c,;?t ca,M ~ ~t. ~st~st r~..:: ~Cv._.~~~ d" This Instrument Prepared By Joh!? W. Collins First Federal Savings & Loan Association 4 0~ PM of Fort Pierce ~ FlOZida Checked By - ~s ; aoo~ 212 P~ ~ 4~ ~ ~ ~ ^ _ _ - ~ _ - - ~ _ P~x . ~ :