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Home My WebLink About0997 To plac~ ,.~d coneinvou~ly ke.p on rM bu;~d~np~ now a 1+~r~af~N ~i~w~~ on a~d land ~nd on all ~quipnen~ and p~rwn~lly cov~r~d by lhis mae¢ ~p~. with ~11 p~enivms ~hsrton pa~d i~ (ull. lir~ i~tu~~rx~ in IM v~uat standard poli~y ta~, in ~ sum ~p{xoved by Ih~ 1NORfGAGEf. •nd windaram uaw~nn in th~ uwal p~ndard pol~cy fam, in a wm ~pprov~d by tht lNORTGAGEE, In sucA company a companiq u tM MORiGAGEE may dfnctj and ~II fa~ •nd wu?d~~wm inwra~c~ polici~s on ~~y oi iaid build~nps, ~ny inter~s~ th~ein or pa.t tF+er~ol, in tM a99re9~~~ wm ~(ataid a ie ucuss ~Mrwf. shall contain tM uswl ~~andard mor?9apN clavs~ a iuch o~Mr claus~ ~s tM Mwtyays~ may rpu~r~. ?na~iap ~hs Iws unde. sa~d polr ci~s, tach and ~wry. p~Yabl~ ~o said MORTGAGEE ai ~ts in~Hes~ may ~ppear. u~d ~xh uwl wery suth poiicy shall 1» p~omptly au yned a~d delivered to +ny held by said MORiGAGEE as fu?~hsr security to said mwt~ay~ debt, ~nd, no1 I~si ~Mn ten (10) days in advanc~ of the ~xpi~ata~ of esch poticy, to d~ liw~ 1o uid MORiGAGEE ~ rtnew~l ~hereof, top~~Mr wirh • receipt fw 1he p~m;wn oi such renewalj and ~her~ thall be no f~~e w winds~orm i~u~anc~ placed on ~ny of satd buildirgs, ~~y inte~~s1 tMrei~ w p~rt thereof, unless tn tM fo~m ~nd wiih tM loss payabk si •faesaid; ~nd in 1M •vMt any wm of rtwMy betpna payable u~der wch polity or polrciet wid HtORTGAGEE ahall Mve Ihe optio~ ro receive and apply the same on accoum of tM ind~bted- ne~s tecwed hereby o~ to permit said MORTGAGORS to ~eteive a~?d us~ N w any pa~1 thereot fw othcr pwposes, wi~hout thrren~ waivi~y or ~n,pair- inp any p~ity~ ~1M 01 fi9F11 VfIdN Ot by virtus of this morsqa9e; u+d in th~ event s~id MORTGAGORS shall fa any reason fait to keep rhe said p~emisei ~o insured, a(ail to d~liver promptly any of wid policies of inaurance to said MORTGAGEE, w fail promptly to pay fully any premium therefw a in any rospeN f~ll to pe~(wm, discharge, execute, effecl, complete, comply with and abide by this cove~ant, w ~ny part hereof, said MORTGAGEE may pl~ce and pay fo~ such insurance or any p~rt thereof without waiv(n~ w aNectinp any option, tien, eqvity, or righf unde? w by virtw of this Mortpsye, and the full amouM of each and ew?y such payment ihall be immedi~tely du~ and payabk and shalt brar i~terest from the date thcreof until paid al the rate ot nine pe~ centum pe~ annum and together with such i~terest shall be secured by the lien of this matyage. 1. To permit, c~ommit a suffer no waste, imp~irment or deterioration of taid property w~ny paA thereof. S. To pay all a~d sirgular the cosfs, tharges and expenses, i~cluding a reasonabk attor?~ey i fee snd costs of abstrsds of title, incurred or paid at any time by tsid MORTGAGEE, because w i~ the eveM of the failwe o~ ths pah of the said MORTGAGOR to duly, promptly a~d fully pe~totm, d:xMrgQ, execure, effed, complete, comply with and ab~de by exh and every the itipulat~ons, sgreemenn, conditans, sod eovenann of ~aid promiswry note and ~hii mortgage any or either, and said costs, cMrges and expenses, each and evcry, shslt be immediately due and payable; whether or not there be no~ice de~ mand, sncmpt ro collect or :vit peoding; and the fult amount of esch and wery such paymem shall bes. interest from ~he date tl+c~eof u~til paid at the rale of nine per centum per am~um; and aU said costs, charges and expenus incw~ed or paid, together w~th wSh interest, shall be securod by the lieo of this mart~sge. - 6. Th~t (a) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, or (b) in the event sny of said sums of money herein referred to be not promptly aod fulty paW within thirty (30) days ~xt after the same uve?ally become due and payable, without demand oi notice, or (cJ in the eveM each and every the stipulaiions, agrecments, conditiwis a~d toven~nts of sa~d promissory oote and th~s mwtgage a~y w either are not ~uly, promptly and fully perforn?rd, d~uharged, executed, effMed, compkted, complied with and abided by, the~ in either or any such svent ths ssid a¢ gregate sum mentioned in said promisswy note then remaining unpaid, with inttrest acuved, and all mo~ys uNred txreby, ~hall betome due and pay- a6le fathwith, p the~eafter, at the option of sa7d MORTGAGEE, as fully and completely as ii all of the said sums of money were wiginalty sttpulated to be paid on suth day, anything in said p?omissory note w in rhis Mortgage to the conuary ~otwith:tanding; snd thereupon w thereafter at thtr option of :aid MORTGAGEE, withoW notice w demand, suit at law w in equity, therefwe or thereafter begun, may be prosecuted as if all moneys iecured 1~ereby had matured prior to its institution. 7. That i~ ?he ev~~t that at t(x beginning of or at any time peoding any suit vpon thie Morfgage, a to faeclose it, w to refam it, or to enfwce payment of any claims hereunder, said MORTGAGEE shall apply to the Courf havi~.g jurisdrction thereoi fw the appointment of a Receiver, ssxF~ Cou?t shall Forthwith appoint a receiver of said mortgaged property all and sir?gvlar, includ~ng a11 and singu~ar the income, p~ofirs, issuet and revenves fiom whatever source derived, each and evcry of wh;cA, if being expressly understood, ia hereby mwtgaged as if specifically set fath and described in the g~anting and habendum clauus hereof, and svch Receiver shall have all tF?e broad and effective funct~ons and powers in anywiu entrusted by a Cour1 fo a Receiver, and s~ch appointment shatl be made by such Court as an admitfed equity and a matter of absolu?e right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to the sotvency or insolvency of said MORTGAGOR or the defendants, aod that such ren~s, profits, income, issues a~d ~evenues ahall be appl'ied by such Receiver accwding to the tie~ or equity of said MORTGAGEE and the practice of sucF~ Court. B. To duly, promptly and fully perfwm, d"nchsrge, execute, effect, complete, comply with and abidr by each and every the stipulations, agreements, condiYwns and covenaros in said promissory note and this mortgage set forth. 9_ Thst in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other lhsn the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without ~otice to the MORTGAOR, deal with such successa or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor w~thout in any way vit~ating w discharging the Mortgagors' tiability herr under or upon the debt hereby secured. No sale of the premises hereby mo~igaged snd no fwbearance oe~ the part of the MORTGAGEE w its ssxcesson or auigns and no eatension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, ahall operate ro releax, d~scharge, modify change or affect the uiginal liability of the MORTGAGOR herein, either in wFwle a in part. , 10. H is spetifically agreed that time is o( the essence of this contract and tlwt no waiver of any obligaKon hereunder or of the obligatwn sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument setured he~by. 11. In add~tio~ to the forego:~g monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mongagee with each monthty payment an addirional sum estimated by mortgagee to be equal to 1 f 12 of the annual tost of the follow- ing: A-All real property taxes levied or assessed against the above deuribed real estate. B-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the improvements situate on the above d~saibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shaH irom t;me to time deem fit to ca~ry on the ban secured hereby. Mortgagee shall from time to r;me na;fy morfgagor in writing of the amount due and payable hereunder and such sum shall there~pon be due and payable on the due date of the next monthly payment aad each successive month thereafta~ ur.til morigagee shall notify mortgagor of a change io sut6 a~nount. 5uch sums shail be appiied by mortgagee toward the payment of real property taxes, insurante prem:ums, and morfgage guaranty i~surance o+emiums. '7 WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ear first stor ' ned. Sealed and ivered in the prexnce of: - n ri2?ld D. lf (S~an Seaq e olf j . SSATE OF FLORIDA ` COUNTY OF $t. 1-11C1Q i ~ - ~ ~ Before me personslly appeared DOAl~~.d D. 1A10~.f a~ j N'~ZY 91e WOlf his wife, to me wel! known and,k~owvq,fo me to be ! rhe individusls destribed in and who executed the foregoing instrument, and scknpwfedged before me that they executed the ,~arpq' f4r fRA,purposes f therein expressed. And the said Mal~v 41e WOlf • j ~ r~ ~ r i wife of the said +I'fr+nal n h ~~lf ~ upoq., te ~Yd~ ivata examinaYwn by me taken separate and apart from F~er said husbartd, atknowtedged to and befwe me that she exetuted faid"~Mpj~' ~rd~vpt~f' tarily and wit}wu! any compuls'wn, constraint, apprehension, w fear of or from her said husband. ;_s~IrCt~~ _ WfTNESS m hand and ofEicial sea) this ~~~L~ ~y3 ~ ~ Y day of MdZ h V'- ~~~;a, 1.t~_ ~ ~ - r1•. ~°•.i- _ ~ ; Notary Publit in and fw the Sts1~, of ' N~~ My Commission expires: ~ ~ ~ 4 : ~S~ " Return To: '~r,,j I c• Fint Federsl Savings 6 Loan Association Of Fort P~erce. MOTARY PUBLIC~ $jATE p( FLpRIDA ~t (ARVE Fort P~erce, ftorida Mlf Cl1MlIfSStON EXPiRES S~T. 2rj, ig75 ~dcd B~? Ame~lcaa 8~nkers Ir~y~aq Co. ' This Instrument Prepared By Richard K. Kayes LUClF COUNTI~1~~~ ~ First Federal Savings 8 loan Association ROCER POITRAS ort Pierce ~ Rlosida CtEAK CI4CUIt COlIRT RECORO YE~t~F1E0~,.,~,`~ Checked By y.~ 'O so ~ ~ ~w g«~K ~i2 PA~E- 997 2505'79 ~