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Home My WebLink About0962 To ptac~ and tontinuo~aly ktep on ~he twitJ~ngs now or hrreaftc~ s+tw~e on iald I~nd and on all cquipnen~ and perio~,ally cove~ed by thi~ ma~y~ iQs, with •ii premiums thereon pa~d m lull, fire iniura~ce in the u~~al iunde~d polity form, in • sum app~oved by ths MORtGAGEE, and windstam insw~nca in 1M uwsl t~andard pol~cy }wm, in a sum ~pproved 6y ~hs MORTGAGfE, suth company o~ tompan;et ~s tM MORIGAGEE may di~~ctt ~nd all fire and w~nd~to~m ;nsurancs polKiei on any of said build~nps. ~n~ inleresl the~cin or part tAereol, in tFw ~gyrryate wm afwesaid w In txtets Ihcr~of, shall contain the u~ual sta~idard morigayes claute or suth o~her tla~ie a~ th~ Matyage~ may requ~r~, mak~np tht loss unde~ ~aed poli~ ciss, a~ch and evsry, payabfe ~o said htORTGAGEE as its In~eresl may appear, snd eath and eve~y such poticy ~hall be promp~iy ass gned ~nd delivered ~o any held by said MORfGAGEE as fureher secu~ity ~o said nwrtgage dcbt, s~d, not less th~n Ien (101 days in ~dvance of the expiration of esch policy, 1o da IivN to said MORTGAGEE a renewal thereof, together with a rece~pt fw tM ptemium of such renewal; and the~e ~hatl be no tire or windstwm insur+nce pl~ced on any of ssid bu;)dings, any ~~~teres~ therein a part thercof, unlrss in the fo~m and with tM tou payable a~ aforetaid; and i~ tM eveM any sum of money becomes payabte under such policy a poliues said MORTGAGEE shal! Mve the opt~on to rece~ve and apply the same o~ account of ths indebtcd- nesa secured he~eby w to permif said MORTGAGORS to receive end use it a any part ~hereoi for o:ner purposes, w~~1w.n ihe.. bi wai.in~ o~ ~mpai.- ing a~y cqu~ty, lien w rght unde~ or by virtue of this mo:tgage; ~nd in the evenf w~d MORTGAGORS shafl fa any reason (ail to keep the sa~d p~emisas so insured, o~ fail to deliver prompNy any of said pol~cies of insurance to sa~d MORiGAGEF, or fa~! promp~ly to pay tuily any pre~n~um ~herefw o~ in ~ny re~pect (ail ~o psr(orm, discharge, execute, effecl, comptete, comply wi~h aad abide by this covenant, or any pa~1 hereof, said MGRTGAGEE may place and pay for such ir?furance or a~y parl ~hereof withou~ waiving or affecting any opf~on, lien, equ~ty, or nght under o~ by virtue o) this Matgsge, and ~Fx full amouN of each and evmy wch paymrnl shall be immediata~y due and payable and shall bear iroerest from tho date thereof until pa~d at the rate o1 nine pe~ centum per annum aitd ~o~ether w~th such interest sAali kx secured by the lien of Ihis mwtgage. . 1. To permit, commit or suffer no waste, impairment or detcrioration of said property o~ any part thereof. S. To pay all and singular the costs, charges and expenses, inc(udi~g a reaso~able attorney's (ee and costs of abstracts of title, incurred or pa~d at any time by said MORTGAGEE, becaux or in the event of the failure on the part of tAe said MORTGAGOR to duly, promp~ly and fully perform, d~scharge, , execute, effeN, comptete, comply w~th and ab:de by each a~d every the stipulat~o~s, agreements, conditiona, and mvenants of said piomissory note and ehii mwtgage any or eithe~, and sa~d coats, charges and expenses, each and every, shsU be immed~ately due and payable; whether w rw1 there be notice de mand, attempl to collect or suit paoding; and the full amouM of each and every such payment shall bear iNeresl from ~he date thereol until paid at the rate of nine per centum per amwm; and ail said costs, charges and expenses incurred or paid, together wdh such inte~est, shall be secu~ed by the tien oi this mortgage. 6. That (a) in the event of any breach of this Mortgage or defa~lt on 1F~ part of the MORTGAGOR, w(b) in the event any of said sums of mo~ey herein referred to be not promptly aod fulty paid wiihin thnty l30) days next after the same severatty become dve and payable, without demand o? notice, or (c) in the event each artd every the sfipulations, agreements, conditions and covenants of sa'•d proniissory note ar~! th~s mortgage any or ei~her are nol ~uly, promptly and fully perio~med, d~scharged, executzd, effected, completed, compiied with and abeded by, then in either w any such event the said ag gregate sum men?ioned in said promisswy note then remai~ing unpaid, with interesl accrued, a~d alI moneys secured he?eby, shall become due snd pay- abte forthwi~h, w thereafter, at the option of said MORTGAGEE, as fully and compte~ely as if a~l of the said sums of money were org~nslly sGpulated to be pa~d on such day, anything in said piomissay note w in this Matgage to the contrary notwithsrandu~g; and lhereupon w thereafter a1 the option of said MORTGAGEE, without nonce or demand, suil at law w in equity, therefore or thereairer begun, may be prosecuted as if all moneys secured hereby had mature[i pnw to its inatitution. ' 7. That in the event that at the beginning of or at any time pending any suPt upon this Altortgage, or to foreclose it, or to refam it, or to enforce payment of any claim.s he~eunde~, sald MORTGAGEE sha8 apply ro tF,e Gourt having ~ur~sd~a~on thereof for the appoiotment of a Receiver, such Coun shaU Forthwith appo~nt a receiver of said mortgaged property all and singular, inclvd~~g all and s~ngular ihe income, profits, issues and revenues (rom whatevtr source derived, each and every of which, it being expressfy understood, is hereby mortgaged as if specifically set fath and destribed in the granting and habe~dum clauses hereof, and such Receiver sha11 have all the broad and effective fu~ct~ons and powers in anyw~se entrusted by a Court to a Reteiver, snd such appointment shall be made by such Court as an admitted equity and a maner oi absoture right to said MORTGAGEE, and without roference ro the adequacy a inadeqvacy of the value of ~he property mwtgaged or to the so~vency or inwivenq of said MORTGAGOR w the defendaMS, and that such rents, profits, income, issues and reve~ves shall be applied by such Receiver accord~ng to the lien or equity oi said MORTGAGEE and the practice of such CouA. 8. To duly, promptly artd fully perforrn, discharge, execute, effect, compiete, comply with and abide by each ar?d every the stipulations, agreements, conditans and covenanis in sa~d prom~ssory note and this mortga9e set forth. 9. That in the event the wvnership of the mortgaged premises, or any part thereof, becomes vested in a person other ihar the MORTGAGOR, the MORTGAGEE, its successors ar.d assiqns, may, wirhou~ nor;ce to the A14RTGAOR, dea~ w~h such successw or successw in iroerest with reference to tbis mortgage and the debt hereby secured in the same manner as with Nbrtgagor wiihouf in any way vitia~i~g w d~scharging the Mortgago~s' liability FKre- under a upw~ the debt hereby sxured. No safe of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its succeuws or assigns and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, atiall operate to release, d~scharge, modify ~hange or affect the original liaoility of the MORTGAGOR htrein, ~ither in whote or i~ part. 10. It is specificalty agreed that time is of the essence cf this contract and fhat no waiver of any obligatipn hereunde~ w of the obligation se- cured hereby shall ar any time thereafter be held to be a waiver o( the terms hereof or of the instrume~t secured herby. I 1. In add;tion to the fweqo:ng rno~th!y payments of princ pal and interest required by the promissory nore secured hereby, mortgagor covenanis a~d agrees to pay to mo:tgagee v.~th each monihly payr„ent an add~rior.al sum est~n,ated by mortgagee to be equal ro 1 j 12 of the annval cost of the fo!!ow- tng: A-Atl real property taxes levie~ or assesseo agai•ist the above descri5ed real estare. B-Prem~oms on fire and windstarm insuracce as he~e~n requ;red to be carried on the improveme~ts situate oo the above desaibed premises_ C-Premiums on such mortgage guara~ty ir.surar,ce as mo~~gagee sha(I from i:me to fime deem fit to carry on fhe loan secured hereby. Mortgagee shaif f.om time ro tkne notify mcrtgagor ;n v.~iting of fhe amount due and payable hereunder and such sum shall thereupon be due and yayable on the due date ei ~fie next month:y payment and eacfi successive month thereafter urtil mortgagee shall ~otify mortgagor of a change in suth amount. Such s~ms sF.aii be app~ied by mortgagee tov+ard the paymenl of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiums. - - IN YJITP~ESS WHEREOF, ~he said MORTGAGOR has hereunto set his hard and seal the day and year first aforesaid. , Si ned, Seated and livered in the presence of: A q csN~ @Cl Sea~ ~ L ~ ~ , - ~ ~ a/k/a Jacqueline E. Starnes STATE OF FLORfDA 1 ~ COUNTY OP - St . Lucie j ~ I ~ Befwe me perwnally aPpeared Ci C~ a~ i Jacqueline Elaine Starnes ~/k/a acque 121 his wi e,ato me wetl known and krqwn to me to be ; fhe indrviduats desuibed i~ and who execv~ed the foregoing instrument, and acknowl ed before me that they execw~ the~sarrig~lqr•~he p~rrposes E therein exp.essed. A„d ~he sa~d Jaequeline E~aine Starnes a/~~'a_•~,8c,CUtle~ine E. S t rn n j r~ife of the aaid ~.'P_Cl~ W. S ~dp~ a~epara~se ~nd ~Srivate ` examination by me taken separate and apart from her sa3d husband, acknowledged to and beFore me tFwt she executed said instrumenj~frtely ~arjd volun- ~ _ : ' rarity and withouf any comp~lsion, tonsaaent, apprehens/~on, lor ~fe~ar of w from her said husband. ;..,r ~ WITNE55 my hand and official seal this- 1~ u~/ day of March , q,' D.• 19~ ~ • • ' j , _ , f Notary Public in and fw the 5tate~ •Elq]EiM~t~xgs s My Commiuion expires: , J~* ' ~ Retum To: " ~ ' ; First Federol Savirgs 3 toan Associat~on NOTARY ~Ud110; S1'ATE of RORfQR et tARAE € Of Fo.t P;e:ce. MY COM'~+lISSf3!! EXPIR£S SEPT. 25, 1975 ~ For: F~;-rce. florida ~~~ef~ ~nKQfS II15Yfa0C0 Ci0. ~ = FrcEO u~o REC0acE0 ~ - iT.L1jCiE COUMTI' f1A. € ROCER POITftAS ~ ~ This Instrument Prepared By J. H. Roberts , Jr. ~~f~~t Ctn"CUIT COURT } First Federal Savings 8~ Loan Association l1ECORD VEpiF1E0 € s of Fort Pierce , Florida M~~ 11 t~ ji~~ ~~3 ; ~7~ ? Checked By ~ ~ gppK 2~„2 PAGF 96~ 25U5S8 ~S ~ ,.i • - - - - . - - - _ ~r ~ . - - r'_ _