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Home My WebLink About2142 to ptac~ and con~ima„sly ke~p on tM buitdmq~ now a iw~+hM ~;rwt~ on s~id land a~d on alt equip~++ent ~nd pawn~~~v cov~red by tlu~ morty- ~p~, witA all pem~wns ~1+ereon p+~d in full, firo inwr~nc~ ~n ~M usu~l s~arda~d policy fwm, in ~ swn app~oved by ~M MORIGAGEE. •nd wind~~am ieaw~nc~ in tM vs~al a~nda.d pol.cy fam, in ~ iwn ~pprowd by ~M MORTGAGEE. M+ such canp~ny a campan~es a tM MORIGA(3EE rnay dincts «+d ~11 (K~ ~++d w~a~m inw.a~a policies on anY O~ f~~ OYi1dU~f. NIy IIIIN~fI tI1M~if1 p part ~Mrwf. in ~M ap9~cy~~t ~um afa~said w In ~ac~ss ~he+eof. shell comain rM uw+l i~andard mor~9a~ cla~w w such aM. claus~ ~i th~ Mar9a~ may r~quu~. malinp t1v ba und~. sa~d poli~ ciet, e~ch u~d ~ve~y. payab~e a ia~d MORTGAGEE as ~ts in~erest may app~ar. and each and ~vay such po~Ky shatl b~ p~ampdy ~as yned ~nd d~livaed to ~ny hdd by s~id MOR(GAGEE as (u.ihK ucu~ity ~o s~id martpay~ deW. ~nd not ks~ th~n ~~n 110f days in advanc~ oi ~h~ •.p'uat~on ol ~xh polky, to d~- IivM W faid MORiGAGEE • rt~ewal ther~of. 1op~~hN weth a ret~ipl for tht premiwn oi NKh ~K?twal; a~d tM~t ~hall b~ no fu~ or wind~~am inwr~nt~ pl~c~d on ~ny of uid bvildirgs, any inier~p thK~in or p+~t tFyr~of, unbss in ~Iw fam and with ~h~ bas payabl~ as afw~~id~ and in ~M ~v~n1 My sum of mw~y becweei payable ~nder wch policy w potK~ss said MORTGAGEE sMll Mw tM op~~on w rece~w and appty the s+me on ~ccount o( tM ind~b~ad~ Mts secured hereby o~ b permit said MORTGAGORS t0 reteiw ~nd uN i1 p any pa~t thereol fa othcr purposes. w~~hou~ th;rcu~ waiving o~ ~mpair- f inp ~nY pv~ty. I~sn a ~gM unda a by virtw of this mortya~; ~nd in tlN ~vent sa~d MORTGAGORS sMfl fa a~y ~eason fa~t w teeP ~he s.~d P.«++~szs •o i~?swed, a tail a deliva+ promptlr ~ny of s+id policies of inswu~u to wid MOftiCaAGEE, a fail prompily to pay fully any premium Iherefp o~ in ~~Y t~spM fail to pe~fpm, d~uhuge, execute, ~tfecl, compkte, tomply with ud ~bid~ by rhis coverwn~, w any part hereol. sad MORTGAGEE may p1+ce and paY fw such insurance o~ any p~r1 thereof without w~ivinp a~ffectinp any opt~on, li~n, equ~ty. or riqht unda w by virtue of this Matgaqe. ~nd the full arraunt of each and every iuch payment sh~ll be irm.ediately dw and p~y~bls and ihaU bea~ interest from ~hs datt thereof until paid at the rate o1 ~ins pa centum per annum and to9Nher with wch imerpt shall be secu~ed by tM lien o! this matpapa To ~amit, commit or suffa no wasfe. irt+pairment o~ deterior+tion of faid property or any put tl+sreof. - 5. To pay ~II snd sirgular the cosb, charges and expenses, includin~ a ~casonable Ntorney'~ fce and costs of abstratts of title, incurred w psid ~t any lime by said MORTGAGEE, bccause o~ ir? the eveot of ths failu~e on ~he part of tM s~id MORTGAGOR to duly, prompily snd fully periwm, d~xhug~, ~ ~ executs, e((ect, complcte, compty w~th and ab;de by each u+d every the stipulanons, ~greemenn, cond~tio~s, si+d covenanrs o( sa~d promissory note and thii ~ ' mort9aps any or eithe~. and s~~d costs, chuges and eapenses, exh and ~very. shaU ba immodiately dw and payable: whether a not there be notice ds m~nd, anempt to colkct or suit pcnd~rsg; ~nd tF~e full arnount of each a~d every such paymem shall bear interest from the daro theieof until p~id N the rate ot nine per centum per ann~m; arx: atl said msts, char9es and expensts intwred or paid, together wnh wth interest, shall be setured by 1M lien of thq mortysp~. - 6. That (s) in the event of any breach of tius 1Nortgage a default on the part of the MORTGAGOR, or (b) in the evcnt ~ny of ssid sums of aaney herein referred to be not promp~ly and fully paid within thirly l30) days neat sfte~ Ihe same sevarally become due and payable. wi~ho~rt demand or notice, w(v in the event each snd every the stipulatiau, agreeme~ts, caxlitions and covenann of sa:d promiuory note and th~s mortpsge any or either are nol luly, promptly and fully pcrformed, d,scharged, executed, effected, completed, canplied with and abided by, then in either or +ny such eveM the s+id a¢ pregate wm mentioned in said promissory note then remainirg vnpaid, with interesl xuued, and atl mor+eys secured hereby, shall become due and p~y- able forthwith, or therca(ter, ~t the option of said MORTGAGEE, as f~lly and completely as ii all of the said sums of money were aginally s~~putated ~ to be paid on such day, aoything in sa~d promissory oote o~ in this 1Nortgagc to the contrary notwithstanding: and thereupon or thereafter at the option of said MORTGAGEE, without norice o~ demar~d, wit at law or in equity, therefore or thereafter begun, may be proxcufed u if all rtwneys secured hereby had matwed pr~or to its institutiw~. ' 7. That in the event that at the beginning of w at any time pe~rg any wit vpon this Mw~gage, o? to foreclose i1, or ro refwm iL or to enfores paymeM of aoy claims hereunder, said MORTGAGEE shall apply to the Co~xt having jwisd~c~ion thereof for the appo~ntment of ~ Receiver, such Court shall forthwith appo~nt a recerver of said mortgaged propeAy sll and singvlar, inclw~~ng all and singular the income, prof~ts, issues and revenues from whate~er source derived, each and every of whith, it being expressly undetstood, is hereby mor~gaged as if specificalty s!t fath ud descri6ed in ths yraNing and habendum clauses hereof, and s~ch Receiver shall have sU the broad and effective funcuons and powers in anywise entr~sted by' a Cou.~ to • Rcceiver, snd such appoi~tment shall be made by wch Court u an admitted eqvity and a matter of absolute right to said MORiGAGEE, x~d withovl retereoce ro the sdequacy a inadeqvacy of fhe wlve of the p.ope~ry mwtgsged or to the wnrency a insotvency ef sa~d MORTGAGOR d the defenda~ts, arx! that such ~ rents, profits, income, issues and revcnues shalt be applied by such Receiver accord~rg to the lien or equity of said MORTCaAGEE and the prxtice of suth . Courf. _ r 8. To duly, promptly and futly perfwm, d'~scharge, e:ecute, eifect, eomplrte, comply wlth and abide by each and every the stipulations, sgreerrKnts, i conditioro and covenams ~n sa~d promissory note and this mwtgage set fwth. 9. That in the event the ownenhip of the mwtgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR.. ihe MORTGAGEE, its successors and assgns, msy, wirhout rwiice ro the MORiGAOR, deal wi~h such wcceuor a wccessor in imerest with reference to this mortgage and the debt hereby secured i~? the same manner as with Nb~tgagor without in any way vitiating w discharging the Mo~tgagors' li~bilify hera- under a upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no fwbearance on the part oi the MORTGAGEE w its wccesson o~ suigns and no eatens~on ot fhe time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w auig% sfiall operate to release, dixharge. ~nodify charge u aiied the wiginal liabil~ty oi the MORTGAGOR herein, either in whole or in put. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of a~ryr oblgat~on hereunder or of the obligation se- cvred hereby shall at any time thereafter be held to be a waiver of the terms h~reof a of tir_ instrument secured herby. 11_ In add:tio~ to the fwego-ng monthly payments of princ paI and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay to mortgagee with each monthty payment an add~riwwl wm estimated by mortgsgee to be equal to 1~~12 of the annual cost of ihe follow- ing: A-Alt reaf property taxes levied or assessed agai~ut tF+e above desvibed real estate. B-Prem~ums on f+~e and windstorm insurar.ce as herein requ:red to be carried on ti+e improvtme:?ts s+tvate on the above described ptemises_ ; C-Premiums on such mortgage guaranty insurar.ce az mortgagee shatl from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shail from t~me to rime not~fy mortgago~ in writ~ng of the amou~t due and paysbk herevndrr and such sum shail thereupon be due and j ! payable on the due date of the next monthly payment and each wccessive month thereafter ur.tit mortgagee shall notify mortgagor of a change in wch amount. Such sums sFa:l be applied by mwtgagee toward the payment of real p~operty ta:es, :nwrance prem:ums, and mortgage guaranty inwrance premiums_ IN WIiNESS WHfREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and yeu fint afor f Si ned~ Seakd and elivered in the presente of: ~n ' A ert R. Sc r et A. ns STATE OF FLORIDA 1 couNnr oF St . Luc ie ` Before ~ a.~uy a~a.~d Albert F. Scoggins Margaret A. Seoggins his wife, ro me uven know~ ar+a k,wwn w me fo bs the ir?dividwis described in and who executed the foreaoirg instrumerN, ard acfcnowkdged before me that tl~ey e~cecuted the same fw the pwposes rhe.ein enP.essed_ And rhe sa~d Mar~?ret A_ Sce)aaine wife of the said Albert F. Sco99ins „po.~ s separate snd privat~ e:aminaiwn by me taken separate and apart from her said husband, xluww(edged b and befwe me that she exewted said instrument freely and volw~- ~arily and without any compulsion, constraint, apprehens+on, ot fear of a from her ssid Fwsband. WRNES$ my hsnd and offitisl seal this 4td dsy of A. D. 19 73 Notary Public in and far HR ~Ie~oF i~~~las~~ - , : My Commission e:piret + . - - Retwn To: : ' • ` r: Y = Fint Federsl Savings 3 loan /?ssoc~at~or~ 25 Q1 ~ STATEd ~6~1R~~ElARGE Of Fwf P~er[C. ~ ~ n~. ~ Y ~ ~ ~ Fort Pierca Flwida ; NMf~ o~~~as _ / ! { ~ ; ~ii i , ~ ~ y -7i~1~..-~~ ~ R. Holergez ~tLED~?ND AE~ ~ This Instrument Prepared 8y iT. UCIt CO{IM Y ' • ~ First Federal Savings 3 loan Association ~06E8 POtTAA _ of Fort Pierce , Florida CtER~ CIqCU1T Cq~~ RECCRD YEPiFIEO_~~ `heC'`~ BY~ Ant S 4:~ PM'13 600K 2~~ PACE~,1~ sb ~ , a i:~;