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Home My WebLink About1494 To place and continuously keep on the bui!dir~gs now a Aereafter s~~uat~ on said ~and a~d o~ afl cquip~nenl and persa+ally covared by ~his mw~~ p~, with all premium~ rhereoo pa~d in 1u11, fire insuranca in the usval standsrd policy fam, in ~ tum app~oved by the MORIGAGEE, a~~d wind~~wm ins~ra~ce in tM uswl ~eandard pol=cy fam, in a s~m +pproved by ~M MORTGAGEE. in such company o+ companies ai tM MORiGAGEE may du~etj and all (ire and winds~orm insurance policiei on any of said build~~ps, any interest tl+~rein w part thereot, i~ the +gyreyar~ ~um ~fwesaid o~ in ~aces~ thereof, thall contai~ the usual iundard matga9es clause w such o~he~ claus~ as IM Malya9e~ m~y requ~rs, mabinp ~he loss unda ta~d poli~ cies, each and every, payabte ~o said MORTGAGEE ai its intereit may appear, and e+ch and every such policy shall bf p.wnptly sss gncd and delivered to ~ny held by said MORTGAGEE ss (urthe~ seturity to isid mortgage debt, and, nor les~ than ten (10) days in advance of ihe expirat~on o1 each poficy, ro dr livtr fo ieid MORTGAGEE a renewal the~cof, togetha with a reteipt fw tFN ptsmium o( tuch ranewal; and ~here thsll bs no fire or windstorm insurs~ce placed on a~y ot said buildings, any ~nteresl there~n a part thereof, unless in the form and with tha lou payable as aforessid; and in the evenl any sum of money becomes payable unde~ such policy w poliuos said MORTGAGEE shall Mve the opt~on to rcceive and apply the sa~ne on account of tha indebted neu secured ix~eby a lo permil aa;d MORTGAGORS ro receive and us~ it a any pa~t thereof iw osher purposes, w~thout th:rrb~ waiving o~ ~mpair- inp any eQu~ty, lien or rlght undcr a by virtue of thii mo:tgage; and in the ~ve~1 said MORTGAGORS sAatl fw any reason fail to keep the sa~d premises so insured, a tai) to delive~ p~omptly any of said polities of insurante fo ~aid MORTGAGEE, or tail promptly to pay fully any premium therefor or in a~y ! resped fail to pafwm, d~xharge, eaecu~e, effecl, complete, comply with and abide by thi~ covenant, or sny part hc~eof, said MORiGAGEE may pl~ce and ~ pay fw such insu~ance or any part thereof without wsiving a affecting a~y option, lien, equity, w right voder a by virtue oi this Mortgage, and tFx ~ full arnovnt of each and every such payment shall be immediatety due and payable and shall bear interest from the date thereoi until paid at the rate ol nine pe~ ce~tum per annu~n and to~ether with such interest shall be setured by the lien of this mwtgage. 1. To permit, commit w a~ffer no waste, impairment ot deterioration of said propcrty w any part thereof. 5. To pay all and singular the costs, charges and expenses, includirg a reasonable attaney's fee and costs of abstrads of title, incvrred or pa~d af any time by said MOR7GAGfE, because w in the event of the failure on Ihe part of the said MORTGAGOR to duly, promptly snd fulty periorm, d~xharge. exavte, ei(ect, complete, comp~y w~th and abide by each and every ~he stipulatio~s, agreements, conditions, and mvenants of said promiswry note and this mortgage any or either, and sa~d costs, charges and expenses, each artd every, shall be immediately due and payabte; whethe~ or not the~e be nouce de~ ? mand, attempt to toltecl w suit pend~ng; and the full amount of each and every svch payment shall bea. interes~ from the date thereof ~ntil paid at the rate of nine per centum per an,~u:n; an~' all said costs, tharges and eapenses inturred w paid, together w~th suth interest, shall be secured by the lien of this mortgage. . 6. Th~t (a) in the eve~1 of any breach of this 1Nortgage o~ defautt on the part of the MORTGAGOR, or (b) in the eveM any of satd sums of money herein referred to be not promptly and fully paid within therty (30) days ~ext af~er the same severally become dve and payabte, withoul demand o~ twtice, or (c) in thr event eath and every the stipulations, agreements, tonditions and covenants of sa:d promissay note and th~s mortgage any p either are nol ~uly, promptly and (ully performed, d:scharged, executed, eftected, completed, compt~ed with snd abided Sy, then in either o~ eny such evero the said ag- gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become dve and pay~ able forthwith, or thereafter, at the option of sa~d MORTGAGEE, as tully and completely as if all of the said sums of money w~re aig~nally st~pulated to be paid on such dty, anything in sa:d promisswy note w in this Mwtgage to the contrary notwithslanding; a~d thereupon w thereafter at the option of said MORTGAGEE, without notice w demand, suit at law or in eqvily, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured pnw to its institutio~. ~ 7. 7hat in the event that at the beginning oi or at any time pending any suit upon this Mortgage, or to fpeclox it, w to reform it, w to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court havirg jurisdiaion thereof for the appointrr~ent of a Receiver, such Covrt shall fcrthwith appoint a receiver of said mortgsged property all and singular, includ~ng all and sin9u~ar the inmme, profits, issues and revenuea from whatever source derived, each and every of which, it being expressly understood, is hereby mor?gaged as if spec;fically xt iwth and dewibed in the gianting a~+d habendum clauses hereof, and such Receiver shall have aIl the broad and eifective (unct;ons and powers in anywise entrusted by a Court to a Receiver, and svch aFpointment shalt be made by such Court as an adm~rted equity and a matter of absolute r~ght to said MORTGAGEE, and without reference to 1he adequaq w inadequacy of ~he value of the property mwtgaged or to the sowency o~ insoivency o( sa~d MORTGAGOR w the defendants, and that such rents, profits, income, issves and revenues shall be applied by such Receiver accwd~ng to ?he lien or equity of uid MORTGAGEE and the practice of such Co~rt. 8. To duty, promptly and fully perfwm, dtschar~e, execute, ef(ect, comptete, comply w~th and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promissory note and th~s mortgage set fwth. 9. That in the event the ownership of the mortgaged prem;ses, or any part thereof, becomes vested in a perwn other than fhe MORTGAGOR, the MORTGAGEE, its successas and assigns, may, without notice to the MORTGAOR, deal w;th such successor or successor in interest with reference to this mwtgage and the debt hereby setured in the same manner as with Nbrtgagor without in any way vliating or dixharging the Mwtgagors' liabi~ity hert under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE a its successors or auigns and no exrension of the time iw the payment of the debt hereby secured given by Ihe MORTGAGEE or its successors or auigns, shall operate to releax, d~scharge, modify change w affect the wiginal liability of ttx AAORTGACiOR tKrein, tither in whok a in part. i 10. It is specificalty agreed thaf time is of the essence of this contract and that no waiver of any obligat~on hereunder a of the obl'gatan se~ cvred hereby shafl at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add:t,o~ to the fwego:ng monthly payments of princ'pal and interest required by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee w~th each monrhly pay,nent an add~~ional sum estimated by mortgagee to be eq~al to 1/'12 of the annual cost of the foflow- ing: A-All real property taxes levied or assessed agai•sst ihc above dascribed real estare. B-Prem~u~ns on ffre and windstorm insurar.ce as here~n requ;red to be carried on the improvemeats srtuate on the above dascribed premises. C-Prem~~ms on such mortg;ge guaranty insurance as mortgagee shail from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shail from time to ~ime norify mortgagor in w~iting of Ihe amo~nt due and payable hereunder and such sum shall thereupon be due and ~ payable on the due date of the next manthly payment and each successive month thereaft~r ur,til mortgagee shall notify mortgagor of a change in such amount_ Suth sums sF.all be applied by mortgagee toward the paymeni of real property tazes, insurante prem:ums, a:~d morigage guaranty insurance I~ premiums. ~ I WITNE55 WHEREOF, th said RTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ? nd ivered t esence of: ~ ~ (Sea~ . 3 Robert A. VanNatta ~an 4 - ! (seaq fillen VanNatta ~~ai~ STATE OF FLORIDA 1 COUNTY OF St . LuC lA ~ Befwe me personally a ared Robert • VanNatta a~a j ~llen VaNJatta his wife, to me well known and krawn to me to be the individuals described in and who executed the foregoing instrument, and acknowfedged befwe me tFwt they executed the same for the purposes lherein expressed. And the said Ellen VaI1N8tta wife of the said Robert A. ~/ailNattd , ~pon s sepsrate ar+d privste examination by me taken separate and apart from her said husband, acknowled~ed to and befo~e me that she executed said instrument freely and volun- i rarily and w~thout any compulsion, constreint, appreh~s~qq, ~ fear of or from her id husband. WITNESS my hand and offiual seal this day of aTCh A D. 19 73 ' _ . tary Public in a f the State of,ffWid~ at lar . My Commiu"wn expir n' o Retum To: Q ~ C~ ~ ~ ~ ` ~7 ~J'~~ i First Federal Savings b loan Associat~on '3 . - '7 ~ _ ~ ; ~ = _ Of iort P;erce. ~ ' . ~ Fori Pierce, Ho~ida ` ~ • f : • i i1LE0 AN~ RECOROEO ~ ••...5, it ~UCIE COUNTY FIA. ROC~~ r01TR~S ~r This Instrument Prepared By J. H. Roberts, Jr. CIEP.K G' i;U1TC0URT ~ First Federa) Savings & loan Association RECOaC vrr ~iEO,..~.~~ of Fort Pierce ~ FlOrida ~ 1 9 zz AN ~~3 . Chec~ed By 25Q930 sooK212 PA~E1494 Sb _ _ _ t"ty r! X _ ~ . ' ';'?-.j ~K ~-S_. ~vv-~w~