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Home My WebLink About1091 ~ • ~ . . . ~ ~ ~ . 3. To plec~ and conrinuously keep o~ ~he bui:du~~ now w he~ca'~er s~twt~ on said ~and eod on sll eq~ipmem •nd perwns~ly covered by thif ma?¢ ps, with all premivms ~hereon pa~d in full, bre inivu+~ce ~n ~hs u~uat s~a~dard poi~c~ lorm, in ~ ium apy+oved by the MORtGAGEE, s~~d winch~am in~wance i~ ths uiual ~tanclerd pol~cy form, in • sum spproved by Ihe MORiGAGEE, in such canpany o~ cwnpan~et as the MORTGAGEE m+y dirttlj a~d all (irs and winJftorm iniv~ance pol~cies on any o) said build~rqs, any interesl IAerein w p~~t thereol, in tM aflg~e9at~ ium ~fp~said or In ~xceu ~hereof, ihall coniain ~he us~al s~a~~dard mortyapee clause o~ such o~her clsuse ai the Mo~tgagce maY requ~.~, m+kinp ~he toi~ u~der sad pol~ cies, each and every, payabk ro sa~d 610RTGAGEE ai ~ts ~ror~esl may appear. and rach aod every ivch pol~cy sh~1t be promp~ty ass g~rd a~d de~~~ered ~o any held by s~id MORSGAGEE ~s fur~her sec~r~ty to sa~d ~.+at9~9e deb~ ar.d, not leu tMn ~en (10) days in advance of tM eap~ration of each policy, to da IivN ro uid M~RTGAGEE + rt~+ewal thereof, to9e~hsr with • receipt fw the premium oI such rc~ewal; and there shall be ~o i~re or wind~~orr.: insuranc~ pl~ad on ~ny of iaid bvildings. ~ny interest Iherein a part Ihereof. ~nleu i~ the form and with the lou payable as atortsaid: and in Ihe evenl any sum of money becanes payab~e under such policy or pot~cies said MORIGAGEE shall have ~he opt~«? ~o teteive and apply the ss~ne on accovnt bt the indebted~ neu secured hOreby O/ fo permit adid N10RTGACiORS t0 rKeive and us~ if p any part thereol for oti~er pur~•osrs, v.~tho~t th~•cu/ w3iwn~ cr uupai~- in9 any equity, iien a right ur+der a by virtue ot this mortgaga; ~nd in tM even~ sa~d MORTGAGORS sAall fo~ any reason fail to kesp the said p~emisrs so insurcd, w fail to deliver prompfly ~ny of said polKies of insurance ~o sa~d MORTGAGEE, o~ 1~i1 promp~ly to pay fully any pre~n,~m the~e~w or in a~y respect fail to perfwm, d~scharge, execute, effect, comple~e, comply with and sbide by this cove~+an~, or sny part hrreof, said MGRIGAGEE nuy p~ace and pay fw such insurante or any part thereof w~~houl waiving w affecting any option, lien, equity, or rght under a by virtue of Ihis Mwtga~e, and tht full amqunt of each ~nd every such payment shall be immediately due and pay~ble and shall bear interes~ from ths date thercof until paid et the rate oi nine per centum per annum and toge~her with such interest shal~ !x secured by 11~e lien of lbis matgage. 1. To permit, commit o~ suff~r no waste, impairrtxnt w deteriotation of a~id property or any part Ihereof- 5. To pay all and singula? the cost3, charges and e,~penxs, including a reaso~able at~orney's fee and costs of abstracts of title, incurred w pafd at any time by sa~d MORTGAG:E, because a in the event of the fa~lure on ~he Par~ of the said MORTGAGOR to duly, prompely and fu~ty pe~form, d~xharge, execute, e~fec~, cornptete. comply with and ab:de by each and every ~he stipulat~ons, agree~~ents, conditions, and co.rcnants of said prom~ssory note and ihis mortgage any w ei~her, and sa:d costs, charges and expenses, cach snd eve~y, sMll be immediately due and payable; whether w not there be notice de~ mand, attempt to collett w suit pend~ng; and the full amovnt of each u+d every such payment shall bear interest from the date thereof until paid tl 1he rate of nine per cr~t~m per anuum; anc' all said costs, charges and expenses incurred a paid, toga~he~ wdh suth imerest, shall be secured by the lien of 1hi~ mortgape..' b. Thaf (a) in the avent of any breach of this Mo~tgage w default o~ the part of the MORTGAGOR, w(b) in the event a~y of snid sums of money herein ~eferred to be not pro~nptly and iuily paid wirhin thirty (30) days next a4ter tF~e same severalty become duc and payable, withoul demand or notite, o~ (t) in the event each and every the stipulations, agreements, tonditions and covenan~s ot sa.d prom~s~~y note a~~d th~s mwtgage any or either are not ~uly, p~omptly and f~lly perfwmed, d~xharged, executed, effec~ed, completed, comptied with and abided by, then in either or any such event the sa~d ag gregate sum mentioned in said promisswy note then remaining unpaid, with interest accrued, and all mo~eys secured hereby, shall become dve and pay- able fwthwith, or thereaiter, at the opr~o~ of said MORTGAGEE, as fully and completely as it all of the said sums of money were or~ginally stiputated to be pa~d on such day, anything in sa:d prom~sswy note or in this ARortgage to the conrrary not~viths?anding; and thereupon or thereafte+ a~ the option of =aid MORTGAGEE, without ~otice or demand, suit a1 law w in equity, therefwe w thereafter begun, may be prosecuted as if all moneys secured ixreby had maturcd pr~or fo ~ts inst~tution. 7. That in Ihe eve~t that at tFx beginning of w at any time pending any suit upon this Mortgage, a to foredou it, or to reform it, w to enforce payment of any claims hercunder, said MORTGAGEE shatl apply to the Cour1 having jurisd.ct~on thereo! iw the appo~ntment of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged {xoperty all and singula~, inctud~ng ail and s~ngular the income, prof~ts, iuues end revenues from whatever source derived, each and every of wh~ch, it be~ng expressly ~nders~ood, is he~eby morrgaged as if spec.(ically xt fwth ind describtd in the granting and habendum clauses hereof, a~d such Receiver shall have all the b~oad and effeUive funct.ons and powers in anywise entrusted by a Court to a Receiver, and :uch appointment shail be made by such Court as an admitted eqvity and a matter of absotute righ~ to said MORTGAGEE, and without reference to the adequaq u inadeq~aty oi_ the value of the property mwtgsged or to the soirency or inso~vency of said MORiGAGOR u the defendants, and that such re~ts, profits, incane, issues and revenues shafl be applied by such Receiver accord~n9 to the lien or equity of said AtORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, dis:harge, rxetute, eifect, complete, compty with and abide by each and every the stipulations, agreements, conditions and covenams ~n sa~d prornissory nose and th~s mortgage set forth. 9_ That in the ever.t the ownersh;p of the mo~tgaged premises, w any part tnereof, becomes vested in a person other than !he MORTGAGOR, the MORTGAGEE, its successws and ass~gns, may, w~thout notice to the MORiGAUR, deal with such successor w successor in interest with reference to this mortgage and the d~ht hereby secured in the same manner as with Mortgago. without in any way vitiating or d~stharging the Mortgagors' liability here~ under or upon the debt hereby sec~red. No sale of the premises hereby mwtgaged and no forbearance on the part of the ?AORTGAGEE w its successors or ass~g~s and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its svccessws or auig~s, ahall operate to release, d~scharge, rtadify change or affect ihe o~i9inal liability of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of shis cont~act and that no waiver of any obligation hereunder or of the oblgation sr c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add:tEo~ to ihe ~wego'ng mo~th!y Fayments of princ'pal and inrerest reqo"ued by the promissory ~ote secured hereby, morigagor eovenants and agrees to ~ay to mortgag<_e with each month~y payr.:eM an add~tional sum esn:*'ated by mortgagee to be eq~al to 1,:'12 of the annual cost of the follow- ing: - - . _ . A-AU real propcrty taxas levizd or assesseJ ayai•~st ihe ahove descri~d real estare. B-Prem~wns oa•fire and w~ndsto~~n ins~rarce as nere~n req~~red to be ca•ried on the improvemeats situate cn the above described premises. I! C-Premiums o~ wch mortgage guaranty ir.wra~,ce as mcrtgagee sha:~ from t me to timE deem lit to carry on the loan sewred hereby. ~ Mortgagee s!~ait frem nme to t+me notify morfgogcr ~n writfng of the amo~ot due and payable hereundrr and such sum shaU thereupon be due and ! payable on ihe due date of the r.ext r.:onthiy payment and each successive month thereafler untii mortgagee shall notify mortgagor of a change in suth ~ amount. Such sums sFa;~ be applied by mortgagee ~oward the payment of reat preperty taaes, insurance prem:ums, a~xJ mortgage guaraMy insurance r rem~ums. IY WITNESS L'1HEREOF, the sa~d MORTGAGpR has hereunto set his har.d and seal the day and year first aforesaid. ig , Sealed and delivered in the presente of: /D t _ ~ v~_ V ~ ~'iry / - , : ~ve7C C R t11 (Sea~ ? G_._. Seaq . ? Bonn3e V. arthin s~ao ~ S7ATE OF F~i~ OZi~O ' ~ • SS. COUNTY OF KC o s_ Befwe me personally appeared Oliver C~ R~~1~I1Q snd ! BOT111~~ V~ R~1't~1~14 his wiie, to me well known and known to me to be !he individuals desvibed in and who executed the fwegoing instrument, and acknowledged before me tFwt they e:ecuted the same fw the purposes therein expressed. And the said ~~i~ V~ Farthin9 ~ w~(e oi the said - ~liV~r C• Farthing upon a separate and private examination by me taken separate and apart from her sa;d husband, acknowledged to and before me that she executed said instrument freely and votun- rarily and without any compulsion, constraint, apprehens~on, or fear of w from her said husband. WITNESS my haod and offic~al seal this ~='t-'~-~' day of M~~ - A. D. 19_~ ~ e ~ ~ y~~ ~ • ~ .(`1J""~i~K~ ) v, otary Pubtic in a or t tate of EIiMdS at Larye • My Commiuion eapires: ~ ' Return To: . • EVEI_Y!~ H. S! Or FI7 i~~ - . s ."'%Vi,•.` First Ftderal Savings a loan Association ~ • . ~ „r • ' . ~t_:a.~ 1 4..:~.. ~ :-.4J L.l.'.i-ir ~~.:J Of Foit P.e•ce. ~ - _ . ' .lyt~r•~, .:y i,.:::t~=~.__~;,~ c::r;::~ ~..a:. iC.1~77 : ~';t: . - for: P,erce. F~orida i'. • " - . . -\~~~~~f~ ; ~ - . ~1~. This Instrument Prepared By J. H. Robetts J= f ~EO AND lIEC~RDE~ t/~/,,: fw First Federal Savin s 8~ Loan Association ~ 1~. IUCiE C4UN T FL r t~ g ROCEP. POiTRAS . t; • qf Fort Pierce ~ R1o13da CIERK C''tCUI~ COURT { ~'"''3'~'''~~,s~~>:~~;.' RF~pR~~Ek1F:fG~ '~i.. Checked By . ~ ~ q il ~N ~7~ . / oql bOC1I PACE~ ~1 1 a - -