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Home My WebLink About0140 To ptic~ •nd con~invously keep on tl?e bv~:d~nys now a hereahk ~itwN on s~id IMd ~r~ pn all equiprt~tnt ~nd p~rfonally towr~d by thi~ awr1~ p~ wilh all premiums thercon pa~d ~n lull, fiie ~nivrance i~ ~M ~sud itardad' poGcy fam, in ~ tium approvtd by tM MORCGAGEE, ~nd wind~to~m inw?u~c~ in tM uswl u~nda~d poGty fam. Ie • wm ~pproved by tM MORTGAGEE, in wch canpaoy w companiq s1 ~M MORTGAGEE may dK~ctt ~nd aN firs and windsro~m insvranct polk~es on any of iaid build~~p~, any in~~r~~~ tl,~rei~ w paH ~he~~of, in ~h~ ~rey~~~ sum afor~said a I~ ~xcea Ihereof, ~hall contain ~he usual sta~ard mor~yaye~ clau~ w iuch o~ha ctavw ~s tM Mor~yaga~ may ~equu~, makinp tM losf under sa~d poli~ cies. each and svery. payabte lo ~aid MORTGAGEE u iti imernst may appear. ~nd each and tve.Y tuth policy shall be p~omptly yncd and delivered ~o any Mtd by uid MORIGAGEE as (ur~her ~ecuiity lo wid malg~ge debt, and, ~ot I~ss IMn ten (10) days in advsnce of tM expiration of each policy, to dr liwr to iaid MORTGAGEE a renewal ~Mreoi, toge~hK wi?h ~ nceipt tw ~he p~emiwn of tuch renewal; a~d ~here thali b~ na fus or wi~dseo~m in~ura~nce placed on any of u~d bvilding~. any inrorest therein or psrl tF?erwf, unleas in ~Fw fam and with tM lou payable as ~fweieid: ~nd in the evtM •ny wm ef money becomei payable unde~ such policy w polKies ssid MORTGAGEE shsll hsve th~ opt~on to recaive and apply ~he iame on account ot the indabted- neu sew~ed hereby or ro permit said MORTGAGORS to reteiva a~d ut~ it or any pa~t Ihereof fci other pwposes, w~~houf the!eu~ waiving or ~mpair- irg any eqv~ty, lien q r~ghf vnder a by virtue o+ this mo:tgage; and in 1he even~ ia~d MQRTGAGORS sF~all ta any rcason (ail ro kcap the s~id premiics w insured, or fail b deliver promptly ~ny of said pol~cies of insura~ce to said MORTGAGEE, or fail promptly to pay fully any premium therefo~ or in any re~pect fai! ro pe~lam, d~scharge, execure, efiect, complete, comply with and abide by ~hit covenaN, or any part hereof, said MORiGAGEE may pl~ce and paY fo? iuch intu~ance or any pa?1 thereof without waiving or ~f(ec?in~ any option, lien. equ+ty. w right u~der w by virtw of Ihis Mor19age. and the full amounl of each and every such payn~en~ shell be immediarely due and psyable arxJ shal! bear interest from ~he date ~hereof u~til paid at the rate ol nine per centum per annum and tognther with suth i~terest shall be secured by the lien Oi lhis mortgage. 1. To pe?mit, tommit o~ wffer no waste, impairment or dNerioralion of said property or any part thereof. 5. To pay ali and singular the costs, cha?ges ~nd expensea, including a reawnable attorney'i fee and cos~s of abatracts of ti~te, i~c~rred or paid ar any time by seid MORTGAG:E, because or In the cven~ of the fa;lure on t!x pan of the ssid MORTGAGOR to duly, pranp~ty and fully perfwm, d~xharge, execute, effed, complete, comply with and ab;de by each ar~d avery tha stipulations, agreement~, conditio~s, and cove~ants of said promiuory note and ~his mortgage any or either, and u~d costs, chsrges and expenses, each and every, sMH be immediately due and payable; whethe~ or not there be not;ce de- msnd, attemp~ lo cotiect w suit pending; and ths full amount of each and every such payme~t shall bear interea~ from the date thercof until psid at the rate oi nine per centum per an~~um; and ail sa~d costs, charges and ekpensea inc~rred or paid, together wuh suth interest, tha0 be secured by the lien of thit mortgage. b. That (a) in the event of a~y breach oi this Mortgage or defaul~ on the part of ~he MORTGAGpR, w(b) in the event any of sald surr.s of mo~ey Herein referred to be not pranptly and tully paid within thirty (30) days i?ext after Ihe same severafty become due and payable, witfaut demand or noticq or (c) in the event each and every the stiputations, agreements, condir;ons and covenants oi sa;d promissory note and th~s mortgage a~y w either are not ~uly, promµtly and tully perfwmed, d~scharged, e:ecuted, effected, completed, compl~ed w~th and ab~ded by, then in e~~her w any s~ch event the said a~} gregate sum mentioned in said pro~iissory note then remainirg unpaid, with interest accrued, and al? moneYS setured he~eby, shal! become due and pay- able fwthwifh, w thereafrer, at the oprion of said MORTGAGfE, as tully and comptetely as if all of the sa~d sums of money were o~g~nally st~pu~a~cd ro be paid oA s~ith day, anything in sa:d promissory note or in this Mortgage to tbe contrary notwithstanding; and thereupoo or lhereafter a1 the oplion of said MORTGAGEE, wirhour notice o. demand, suit at law or in equity, therefote or thereafter begun, may be proy_~uted as if all moneys secured hMeby had matured pnw 10 ~ts institution. 7. That in tMe event that at the beginning of or at any time ppnding any su~t upon this Morfgage, w to fweclose it, or to reform i~, or to enfwcs payment of any claims hereur.der, said MORiGAGEE shaN apply fo the Court having junsd~ct~on thereof tor the appo~ntment of s Receiver, such Court shafl forthwith appo~nt a receiver of said mortgaged property atl and singular, i~clud~ng all and singular the income, prof~ts, iuues and revenues from whatever source derived, each and every of which, it be~ng expressfy unders~ood, is hereby mortgaged as if spec~licalty set forth and described in the granting and habendum clauses hereof, and such Receirer shall have all the kKOad and eifective func~~on~ and powers in anywise entrusted by a Court to a Receiver, and such appointment sha11 be made by such Court as an admitted equity and a rt+aner of absolute ~ight fo said MORTGAGEE,. and without reterence to the edequacy or inadequacy of the valve of the property monga~ed or ~o t}~e so~vency or inso~vency of sa~d A1pRiGAGOR w the defendan~s, and that such rents, profits, income, issues and revenues shall be applied by svch Receive~ accord~ng to the lien or eq~ity of said MORTGAGEE and the practice of such Court. 8. To duty, promprty and futly perform, d~zcharge, execute, effect, complete, comply w;th and abide by each and every the stipulations, agreements, :ortditans and covenants in sa~d promissory ncte and this mortgage set forth. 9. That in the event the ownership of the rr.ortgaged premises, or any part thereof, becomes vested in a perso~ other fhan the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice /o the MORIGAOR, deal wirh such suctessor or successor in inteaest with reference to ?his mortgage and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiating or diuharging the Mwtgagors' liability here- uncler or upon the debt hereby secv~ed. No sa~e of the Fremises hereby mortgaged and no fbrbearance o~ tF~e pari of the MORiGAGfE or its successors or assigns and no extens;on of the rime for the paymem of the debt hereby secured given by the MORTGAGEE or its successors w auigns, stiall operate to release, d~scharge, modify change or affect Ihe original liau~l~ty of 1he MORTGAGOR Ixrein, either in. whole or in part. 10. It is spccifically agreed that time is of the esxnce of this contract and that no waiver of any obligat~on hereurxler or of the obligatan se- cured heroby sha11 at any time rhereafter be held to be s•waiv~r of the terr.ss hereot a of t1~e instrumeM secwed herby. I 1. In add>t;o~ ro the forego:ng month!y payments of princ pal and inre~est requ~red by the promissory note secured hereby, mortgagar covenants and agrees to pay to mo:tgagee w~th each monthiy pay~nent an add~~ional sum est~mated by mongagee to be equal to 1 j'12 of the annual cost of the fo~low- in~: _ A-AN reaf property taxes leiied or assessed agai•ist fhe above descri~ed real estate. . B-Prem~ums on fire and wi~~clsrorm insurance as F.erein requ:red to lu carried on the improve~nents sit~ate o~ the above described premi~_ C-Premiums on such mo:tg~ge guaranty insurar,~e as mcrtgagee shall from Nme to time deem fit to tarry on the loan secured hereby. Mortgagee sha11 f~om time to time no~ify mortgagor in writing of the amount due a~d payabte hereundrr and such svm shait fhereupon be due and ~ayable on the due date of rhe next month!y payment and each successive month thereafter urtil mo~tgagee shatl notify mortgagor of a change in such a~,ount. Such sums shail be applied by mortgagee toward the payment of real property taxes, i~surance prem:ums, and mortgage guaranty insu~ance oremiums. IN WITNESS V~HERfOF, the said i110R7GAGOR has hereunto set his hand and seal the day and year first afweseid. ig ed, Seaied and deliv red in the presence of: _ - - •n ~ •n ~ . ~ eerdie Harl~ss ,Uan ~ STATE OF FLORIDA ~ c~uNrir oF - St. Lncie Before me personatly appeared .181e8 ~Qd! }{~Yl~fs ,t ' and B!1 ~e i1Q: his wife, to me well knoytn:~ilnd ~CJwwn to me to be the ~nd~nduafs desuibed in and wl~o executed the foregoing instrument, and ackrwwtedged before me that they executee~~d~ ~~e+e' hx. ths pu~poses , fherein eapresxd. And the said ~=d~~ Hal l@if i~ ` ~ rvife of the said .T~~ BC~gd! H~1lless '...i I examination by me taken separate and aparl from her said husband, acknowledged to and before rne that she executedrsit~~inttl^or»en1 ~eej~/~ar~~jtplum rarily and without any computsion, constraint, apprehension, w' Lfear ot o~ from her uid husbaod. Y y~' ~ WITNESS my harx! and offklal seal this ~~'CJl da of J p ' Y . : . r . ! ' , Nofary Public in and foI the St e'~f, ida at,lsf~ My Commiuioo expires:" . - ~ ~ t . Retorn To: ! ~ : ~t , :.1I v first Federal Sav',ngs 3 loan Assoc7arion ~pay ppg~jC, $TATE Of FlORI~? k LAR6f Of Fo~t P~erce_ ~ ~py~~~~pN p~p~RES SEPT. 25;~1875 Fori Pierce, Florida Ba1~B~ ~p~, FtLEO ~ ~=~~RpEO This Instrument Pre ared 8 ~ • aT• «1C?C COUNtT FL~{, P Y John W Collins R~',. ~:.~~T~AS First Federal Savings & loan Association Cl.E~x C~l.;,~i= ~OURt qf Fort Pieice~ Fio~ida RFCCP.- ~~Fp ' Checked ey ~ j y ,4 1S pH ry ~ J - icflx ~~2 ~ 2499'?'3 ~ : : : . _ _ _ _ - _ - _ _ . . _ - - ~ =g~~~ . ~ :