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Home My WebLink About1848 J. To place end com~nuo~sly kcep on tAe bu~:dmg~ now a herea(~er ~~twte on se~d land and o~ ~IS equ~p~nent a~d p~rwnally cove~ed by Ihl~ ma1¢ with all premwms thr~eon pa~d ~n iuU, fire ins~~~~ce io ~he u~ual teardard po~ity (orm, in • sum app~o.ed by the MORiGAGEE, a~~d w~ndstwm insur~r?t~ in the usual uanda~d pol~cy form, in • ~um app.oved by tM MORiGAGEE, i~ t~cA tompanY w canpanit~ as th~ MORTGAGEE ~nay diretl; a~+d a0 (i~s and w~ndaiorm insurance poliues on ~ny ol u~d build~~yi. any inte.es~ ~Miein a pa~t thersol. in tM +p~.c9a~e sum a(or~ti~id or In ~ace~s ~hereof, ihall coroain the u~ual slandard matga9ee clauu w iuch o~ha claus~ as ~M Mo+~g~gs~ may r~qu'u~, makirq Ua los~ under t~~d po1F ciea, each and evay, payaDia ~o ss~d MORTGAGEE ~s its interoi? m~y ~ppear, •nd each .od e~e.~ such po~~cy iMll b~ prompdy +uy~ed +r+d detivered to any held by u~d MORiGAGEE as (urthe~ security to ~aid mw~flaye debt, and, no1 leu lhan ten (10) dayi in advance o! ths expirNion of each po1Ky, to d~- IivN ~o said MORiGAGEE a renewai thereof, ~oge~hK wirh • reci~pl /w the premium oi ~uch renewal; a~ thsre ~hall b~ no fi~e o~ w~nd~to~m ir.suranc~ pl~ced on ~ny of said build~~g~. any in~crest therein a p+rt thereof, unleu in tM torm and with 1M lo.s payable as aiwesaid; and i~ ?h~ evsnt any ~um of money bccomes payable under such policy or poGcies said MOR~GAGEE fhall haw ths optioo to receive and apply the same on accou~~t ol the indebted~ neu securcd hereby or ro perm~t said MORTGAGORS to receive and ute it or any parl ~hereof la o~i~rr purF,ases, witho~t ~h,.c b~ wai~i~~3 or ~n~poir- ~n9 any equ~fy, lien or r~ght undrr w by vir~vs of this matgage; snd in the event sa~d MORTGAGORS shall fw any ~eawn fail to keep ~he said prem~scs so insured, or fail to de~iver promplly any of said policies of insu~~nc~ lo said MORTGAGEE, or fail promptly to pay futly any pre~~~~um therelo~ w in a~y respect fail ~o pe+form, d~scharge, eaecuta, ei(ect, comolete, comply with and abide by ~his covenam, a any parf hr~eof, sa~d MORTGAGEE may pl~ce a~tl pay for such insurarxe o~ any part thereof witfiout waiving a af(eclinp any option, litn, equity, w right u~xltr or by virtue of this Morl9aye, ~nd the full smouM of each and every such peymem shall be immediately dw a~d payabte ~nd shall bear interest from the date thereo( uniil paid at the rats ol nine per tentum ptv annwn and to~ether with suth intereat shalf be secured by tF?e lien of this mottgage. t. To permit, commit w suf(cr no was?e, impairment o~ deterarelion of said property w any paA thereof. 5. To pay all a~d singular the costs, charges and expenses, includ~ng a reaso~able attorney i fee and costt of abstrads of title, incurred w pa~d et any time by said MORTGAGEE, becavx a in the event of tt~e fa~lu~e on the part of the said MORTGAGOR to duly, pranptly ~nd fvlly perfwm, diuharge. >xecute, etfett, complete, comply with and ab:de by each and every the stipulations, agreeme~ts, co~ditions, and covenants of said promissory nots +nd this matgage any w eithcv, and sa~d costs, charges and expenses, each and every, shall be immedialely due and payable; whe~her or not there be notice da mand, attempt to colletl a suit pending; and the fvll amount of each and every such payment sha~~ bear interest from the date ~hereof until paid at the r.~te of nine per crntum per an~~um; arw all said costs, charges and expenses incurred a paid, together w~~h such interest, shall be secured by the lien of Ihi~ mortyage. 6. That (a) in the event of any breach oi this Mwtgage w defautt on fhe part of the MORTGAGOR, or (b) in the eve~t any of sa~d sums of money herein referred to be not promptiy and fully paid withi~ thirty (30) dayf next after the same severally become due •nd payable, w~thout dem~nd w notica, or (c) in the evem each arxJ every the stipulations, a9reements, conditions and covenants of ss~d promiswry note and th~s mortgage aoy w e~ther are not ~uly, promptly and fully perfwmed, d~uharged, executed, effected, completed, complied with and abided by, then in either or sny such event the sa~d ag gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys xtured hereby, thall become due and pay- abte forthwith, o~ thereafter, at ibe opt~on of sa~d MORiGAGEE, as fully and comple+ely as if all of the said iums of money.were a~g~n+lly st~putaud ro be pa~d on such day, anytAing in sa:d prom~sswy note « io this Mwtgage to ~he contrary notwithstand~ng; and thereupon or thereaftu at the option of sa~d MORTGAGEE, without notice or demand, suit at law or in equity, there(ore w therea(ter begun, may be prosecuted ~s if all money setured hereby ned mawred pnor to ds institution. . 7. That in the event that at the beginning of or at any time pendirg any suit upon this Mortgage, or to faectose it, or to refwm it, w to enfo~c~ payment of any clrims hereunder, said MORTGAGEE shall apply to the Court having jurisd~aion thereol-(or the appointment of a Receiver, such Court shall Forthwirh appoint a receiver of said rtwrtgaged property all and singular, includ~ng aIl and singular the income, prof~IS, iu~es and revenues from whatever source derived, each ar,d every of wh~ch, it being expressly unde~srood, is he.eby mor~gaged as if speufically se~ forth and dewibed in the pranting and habendum ctauses hereof, and such Receiver ahall have all the bruad and effective funct~ons and powers in anywise entrusted by ~ Cou~t to a Receiver, e~d s:;ch appointment shalt be made by svch Court as an admitted equity and a matter of absolute right ro said MORTGAGEE, and without reference to fhe rdeq~acy or inadequacy of the value of the properry mortgaged or to the wwency or insotvency o( taid MORiGAGOR or the defendants, and that such renrs, profits, irxane, issues and revenues shall be apptied by such Receiver accord~ng to the lien a equity of wid MORTGAGEE and the pradice'of suth Coutf. 8. To duly, promptly ar.d futty perform, d~scharge, execute, effect, mmplete, canply with and abide by e~ch and every the stipulations, sgrcements, conditions and covenants in said promissory note and Ihls mortgage set forth. 9. That in the event the ownership of the mortgaged premises, w any parl thereof, becomes vested in a person other tha~ the MORTGAGOR, the MORTGAGEE, its successors a~d assigns, may; without notice to the MORTGAOR, deal with such succeuw or successor in interest with ~eference to this mortgage and the debt hereby secured in the aame manner as with Mortgagw without in any way vitiating w d~uharging 1he Mortgagori lisbility he?e- under or upo~ the debt hereby secured. No sate of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or it~ futcessors or assig~s and no extension of the time for the payment of the debt 1?ereby secured given by the MORTGAGEE or its successws or assig~s, sl»II operate ~o releau, d~scharge, modify change or affett the original liability of the MORTGAGOR herein, eithcr in whole a i~ pa~t. 10. It is specifically agreed that time is of the essence of this contract and that no waiver oi any obligation hereunde~ or of the obliystion se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. I l. In add,t~on to the iwege"n9 month!y payments of princ pal and interest requ~red by the prom~ssory note secured hereby, mwtgagor covenants and agrees to pay to mo;tgagee v.~rh each monthly payrnent an add~rional sum est~mated by mortgagee to be equal to 1~'12 of the annual cost of the follow- ing: A-All reat property taxrs leiied or assessed agaisst thc above described real estate. B-Prem~ums on fire and windsrorm insurar.te as herein requ~red to be carr~ed on the :mprovements situate on the above desaibed premises. C-Premiums on such mortgage guaranty insura.,ce as mortgagee shail from t:me to time deem fit to carry on the ban secured hereby. Mortgagee shait lrom rime to rime notify mortgagor in writ~ng of the ama~nt due and payabte hereunder and s~ch sum shall thereupon be due and F.ayable on the due dare of the next month!~ paymem and each successive momh thereafter ur.tit mcrtgagee shall notify mortgago? of a change in such ~ a~-~ount. Such sums sFa;l be appl~ed by mo~tgagee toward the payment of real property tazes, i~surance em:ums, and mortgage guaranty insurance ~ premiums. i j iN tY1TNE55 YJHERfOF, the said MORTGAGOR has hereunto se! his hand and seal the day a r first e" f Sgned, Seated and deliver~d"in the presence of: ~ ~ s~~n < < < ~ ~ ~ L Robert Allen wley ~ ~ ~si~ Annie HdNl@~/ r5esq i STATE OF FLORIDA 1 COUNTY OF $L • LUCl@ i 55. Before me personally appeared Robert Allen Hawley /~Ifflle HdMl@31 his wife, to me well known and known to me to be the individuats described in and who executed the fwegoing instrument, and acknowledged before me that tlxy executed tlx same for the purposes therein expressed. And the said ~nie Hawley ~ w~fe of the said Robert Allen NBWley upon a seps~ate snd pr"nst~ e,aminat;on by me taken separate and apart from r said sband, ackrawledged to and befwe me that she executed ssid instrurtxnt frcely snd volun- tarily and withovt any compulsion, constraint, a e si ,~ear o rom r said huiband. ~k. ~;~~f ~ WITNESS my hand and official seal thi ~ dsy of ~Y A.~ri~~ ~ 1 _ ~ x i ~ i L/ ~`f Ii Notary Public in and for the £tat8of Fbrida ~t Utpe ~ - - ~ My Commisiion expires: . _ Retum To: _ ~ first Federal Savings 3 loan Associat~on , _ ~ OF Fort P.erce. . " ' • , - • , - ~ 'Y ~ for; Pierce, Florida ~i ' ~ _ i. ' =1 i.-if~~ . . • ~ ~ ' i . . ~,~fif~~~ ~ ~ `d~~, ~ ~~0~ ' ' This Instrument Prepared By RiChard K. Kayes ' First Federal Savings ~ loan Association f LEC AN? !lECOlt0E0 ~ of Fort Pierce ~ Flo=ida ROCEPC~O TRAS ~A ~ CLERK C~ftCUiY COURT ~ . Checked By RECORO YEA~~!E7~~ °oRK ~ACt 1848 ~ 3 4 i9 PH'73 ~ 0 212