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Home My WebLink About0970 To piace •nd conrinuousty teep on ~he bw:d~~gs now a hereafi~~ s~~wt~ on sa~d 1u+d a~d on alt ~q~ipment and pcno+ully cove~ed by the~ matp~ p~, with ali premium~ thereon pa~d in fvll, hre insw~nce ;n ~hs uswt sundard po~Ky lam, im ~ sum ~pp~orsd hy U~e MpRIGAGEE, and windstam inwru~c~ in ~ht uswl s~and•rd pol~cy lam, in a sum ~pproved by ~h~ MORTGAGEE. 3n wch compa~y w ccmpan~es a ~M MORTGAGEE may du~ct; a~x! all (i~e u+d w~nda~am inswana polk~es on any ot s~~d bu~td~nps ~ny intsrest thne;n w part thereof, in tAe ~ygrep~~~ wm ~faesaid w !n ~~cess thcreo(, fh~ll :ontain ~he u~ual ttar+dud mortga~ee d~uae p such ofhe~ clause as th~ Mat9age~ may reqvu~. makinq the Iw~ unds+ a~~d po1F cis~. each and every. payabte to said MORTGAGEE a~ iti in~eres~ may ~pp~ar, and each and every such po~icy shall he prompr?y ats y.eed a++d dstivered ~o any held by sud MORTGAGEE as 1ur~he~ secu.ity ~o aa;d mwtgay~ debt, and, na fcu than t~n (101 days in advant~ of th~ ~xpiration of ~ach potity, to d~- liva Io said 1NORTGAGEE a ~enewal the~eof, toqe~he+ with a reu~pt for the premiwn of such renewal; and ~here ~hall b~ no f~~e a winds~wm insursnc~ plscad on ~ny oi iaid buildings. ~ny inierest there~n w part thneof, unksa in rFr fam and w:~h tM loas payabk as afor~said: ~nd in the event •ny sum of money pecynas payable v~der wch policy o~ poliues said 1NORTGAGEE ~hall have ~he optan ~o ~eceive and apply the sune on account of the indsbted~ neu secured he~eby a ro peYmit sa~d MCRTGAGpRS to rcceive and use it or any pa+t thereof tor oshcr purposes, ~.~~ho~t rh_.~oi wai.i.~g o~ ~mpair- i~p any equity, lien or ~ight undcH or by virtue of thu mo:tgage; snd in the evem sa~d MORTGAGORS shall fw any reason fail to keep ~he said premisrt so insured, or fail ro de~~~e. prompfly any of said poliues ol inwrance to a~d MORiGAGEE, o~ fail promptly to pay fu~ly any prem~um theretw or in a~y respect fail ro paf«m, d~scharge, execure, effect, complete, compty with and abide by this cove~ant, p any ps~~ hereof, sa~d MORTGAGEE may place and pay fw suth inwranc~ a any part thereof withoul waiving w affettinp any opfion. lien, eq~ity, w righf u~der w bv virtue of ~hi~ Morlgage. and ths full amount of each a~d e~•ery wch payr?Knt shall be im~nediately dw and payabk ~nd shaU bear inre~est from ths date thcreof until pa~d at ths rate ol ~+ne pn centum psr annurn snd to~e~her with such inte~est shali be secwed by ths lisn of this mortgage. 1. To permit, oommit o~ suf(cv no waste, impai~ment or deteriwation of said property or any paA thereof. 5. To pay all and singulu the costs, tharges snd exper~ses, including a reasonable attwr?ey s fee a~d coats of abst~acts of title, incur~ed o~ pa~d at any time by said MORTGAGfE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly snd fully pe~form, d~xharge, execute, etfet~, complete, comply w~th and ab:de by each and every the sNpulara~s, agreements, cond~tions, and covena~ts oi said prom~ssory note and this +++atg~ge ~ny.w ei~ha, and sa~d costs, chuges a~d expenses, each ~nd every. sF?~ll bs immed~atety due and payabte: wkerher a not the~e be norice de mand, attempt to collect or iuit pend~ng; and ~he fvU anwunt of each and every such paymenf shall bea. i~terest from the date thcreof until paid a1 the ra~e of nine per cenrum per annum; and aN said tcsts, charges and expenses incurred or paid, together wuh such interest, shall be secured by the lien of 1hu mortp~g~. b. Th~t (s) in the wenf of any breach of ~his lNortgage or default on the part of the MORTGAGOR, or ;b) in the evenl any of said sums of money herein referred to be not promptly a~d ~ully paid within lhirty (3p) days next after the sa~ne severally become due end payabk, without demand o~ no~ite, or (c) in the event each and every tF~e stipulations, agreemen+s, condit~ons and covenants of u•d promisw~y note and fh.s mwtgage any a either are not ~uly, promptly and futly performed, d,scha~ged, executed, effec~ed, completcd, compl~ed with and ab~ded Sy, lhen in e~ther or any svch event the said ag gregate wm memioned in said promissory nore then rema~ning unpa~d, with inrerest acuued, and all mo~eys secured hereby, shaH become due and pay~ eble fwthwith, or thereafter, at rhe opt:on of said MORTGAGEE, as fuily and completely as it all of the said wma o1 mw~ey were wginally stipulated to be pa~d o~ suth day, anythirg in sa:d p~omissory note or in Ihis Mortgage to the comra?y notwi~hatanding; and thereupon w thereafter al the option of said MORTGAGEE, without not~ce o~ demand, suil at taw w in eqv'sry, therdore d the~eafrer begun, may be prosccuted as.if all ma~eys setured hereby had matured pnw to its imtitution_ 7. Thal in the ere~t that at the beginning of or at any time pending any wit upon this Mortgsge, p to tore~Iose it, o~ fo refa¢~ it~ or to enfwce payment of any c:a~ms hc?eunder, said MORTGAGEE ahalt apply to fhe Gourt having jurisd;cr:on ehereo! fw the appointrnent of a Recsivei scich Court shall Eorthwiih appoint a receiver of said mwtgaged property all and singular, includ~ng all and singular fhe income, prof~ts, iasues and revenves from whatever wurce derired, each and every of whKh, be~ng exp?essly understood, is hereby mor~gaged as if ipeuficalty iet forth and described in rhe g-antirg and habendum c~auses her¢~f, and such Receivei shall have atl the broit! and effective furxt.ons a~d powe~s in anyw~se e~trusted by a Court to a Receiver, and a~ch appointment shalt br made by such Court as an admitted equity and a rt+atter of absolute right to said MORTGAGEE, and wifAout reference ro ihe adequacy or inadequacy of the va(ue of the property mwtgaged or to the sotvency or insotvency of u;d MORiGAGOR p the defendants, a~d that such rents, profits, income, iuues and reven~es shall be app{ied by such Receiver accwd~ng to the lien or equity of said MORTGAGEE and the p~actice of such Court. ' 8: To dufy, prompNy ar+d futly perform, d~scharge, execute, eifect, compiete, ccmpty with and abide by each and every the stipulat;ons, agrrements, cond;tans and covenants ~n said promissory nofe and th~s mortgage set fwth_ _ 9_ That in the event thc ownership of the mortgaged premises, w any part thereof, becomes vested i~ a person other fhan the MORTGAGpQ, the MORTGAGEE, its successors ar.d ass~gns, may, witFwut notice to the MORTGAOR, deal wifh such successor or wccessp~ in interest viith re(erence to tbis mortgage and rhe deb~ he~eby setu.ed in the same manner as with Mortgsgor w~thovt in any way vitiating a d~scharging ihe Mortgagors' liability hert under w upon the debt hereby secured_ No sale of the Fremises hereby mortgaged a~d no fwbea~ance on the pan of rhe AAORTGAGEE or iri successors or assigns and no extension of ti~e time for the payrnent ot the debf hereby secwed Qiven by 1he /AORTGAGEE or its successors oc aasigrq, s~wll operate to release, d~scharge, modify change or atfect the original liabil~ty of the MORiGAGOR herein, tither in whok a in part. 10. It is speufically agreed that time is of the essence of this contract and that no waiver of any ob~~gat:on hereunder or of the obligation sr cured Fxreby shaU at any time ~hereafter be held to be a wa~ver of the terms hereof o~ of the inst~umenl setured herby. t T. In aod,tCo~ ro the fo~ego ~g month!y paymems of p~inc'pal and interest ieq~ired by the prom~ssory no!e secvred hereby, mortgagor covenants and agrees to pay to mo-tgagee w~th each monrhiy pay~ient an add~rional sum estimated by'mortgagee to be equsl to 1,.'12 of the annual cost of the fo~low- ing: . A-All real praperty taxes te.ied w assessed ay3i st rMe a6ove describcd real esrate. . 8-P~emiums on f,e and w;ndstorm ~nsurarce as here3n requ~red to be carried .on tht improveme~ts seuate on the above desuibed premises. C-Premiums on such mortg;ge guacanty inivra~.ce as mortgagee shall frcm time to time deem fit to ca~ry on Ihe loan secured hereby. Mbrtgagee shal! from time to time notify mortyagor in writing of the amount d~e and payable hereundx and such sum shatl thereupon be due and Fayabfe on the due dare of rh~ ree,~~ month:~ paymenr and each successive month thereaf~er ur.til mortgagee shall not:fy mortgagw of a change in such a~nount. Such sums sha.l be appi~ed-by mor.gagee toward the paymeni of real pro{:erty taxes, insurarKe ptem:ums, and mottgage guaraniy insurance premiums. IN 1'~IJPJESS V'JHEREOF, the sa~d MORTGAGOR has hereunto set his har.d and seal the day and year first afwewid. ~ ~ Signed, Sealed and deliver in the presence of: n ~'-/tC-O ~ " a~ Jaaes E: Ha rkins " .n ; - ~ _ _~K-~n za th P. ~ Ha r s ~~n STATE OF FLORIDA COUl~TY OF $t• i-ncie ~ eef«e me rsonall a Jases E. HaZkins pe y ppeared Elizabetb p. Harkins his wife, to me well known and krwwn to me to bs rhe indrvidusSs deuri~ .~nd who executed the for ~mtr t, and actcnowtedged before me that they executed the wa~e fqf the pwposes therein expressed. And tlx wid Elizabeth l~,~iark~s w~fe of the uid Jaaes E.Harkina =y;~: ~.~,,,re ~n~ private examination by me ta4en separate and apart from her said husband, adcrwwledged to and befwe me that she executed s'sf~`'a~iument fciaelf,~d volun- rarily a~d without any car.puision, tonstraint, apprehens or fear of or from her said busband. ~ ' . ta WITNE55 my hand and official seal thi~ day of ~ ZC _ -/~.D~ -19 '~'3 . : t . ' _'R~ Not ry Publ+c in and fa he S~lite-pf'fforids ~t,lt~e My Cornmission e:pir • . Return To: ~ Q t~ ~S first Federal Savings 3 toan Associanon " Of Fort P.crce. d /+w 7J Fort Peer~e. Florida • rtItEO ~NO AfCpRO . iT. ~tiCIE COtJN1Y i~ ~ ROCER P01iAAS This Instrument Prepared By RiChaZd K. Kayes ' C~EAK Ct~CU~T COUIIT First Federal Savings & Loan Association RfCQRD YER1FtED.~~~ of Fart Pierce ~ FlOrida Checked By ~ 10 2~ ~ 800K PAGE c~~ j $ _ _ _ - _