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Home My WebLink About2486 ~ To pi~ce and ~on~~~~uousi~ ?acp ca~ tne L~r.L~,;~s n~~r a?.<re~f~cr on ~a~J ;s~:d ~~~d on •li ~~q,~~.:~ •~.d ~x~so,~.iir co~rr~d by th~a mwrg• '~t iorm, io a wm a. u.,.cJ b ~he MOR~G~vCl, a~~d w~nd+~u~m p~, wilh al) ptemwms tlwreoo pa d~n fuil, I~er inl~ra~~ce ~n ~F~e ~w~l fta~~aid po V { i ~ ~nwranc~ in Ihs utiwl ~~~nJ~~d pol•cy la~m, m a~u~n •HMc.ed by ~M Mc~RTGAGEE, ~uch co~~~Wnr o~ co~~~~~~me~ ati ~M MURIGAGEf ~+W dirtth ~nd •11 fi~• •~,d w~nJsrc,im insu~a~ta poLua~ on ~ny of t~~d budd~nys. ~ny i~~e~e~~ there~n a pa~l theraof, in Iht ~gq~ry~~e ?um ~fw~f~~d w in ~acefti Ihereof. thall ca+~aio ~he ~w.+t •te~~derJ morey~.flaa c~ause a sucA o~Fkr clause af tM Mo~~ywe~ m~y reyu,r~. m~?up tM ~ofs wKler se~d poli- c~s~, e~ch •nd every. pa..~b~~ ~o sa~! h1URiGAGEE as ~~s ~~~r~r~~ r.,~y apprar, er~d c~ch ~nd e~ery wch ~wi~c~ shall 1x p~wnpur •~s g~~rd a~~d drt,Yt~rd ~o •ny held by f~~d MORTGAGEE ~s fur~her sew~i~y ?o ~a~d mwtgsye drbt, and, no~ ~esf ~han ~en (10) dayf ir. ad.a~~ce o~ ~he eap~~•~~on ol r~ch ppl~cy, ~o d~- tivt~ ?o ~+~d MORiGAGEE a rauw+l tl~ereof, ~oge~Mr w~th a rec~~pt fa the pr~nuum ol tuch re~~ewal; •~~d ~hrre sh~ll tx ~a L~e o~ +.~~~u~wr,n ~ns„r~nc• i pl~ced o~ any ol ia~d buJd~ngs, any mterest thera~n or part ~hereo(, ~~~ea~ in th~ form ~nd wi+h tM ~oss patabte as alu~esaid; and ~n ~hs •v~nl any •um ~ of nwney becomes ~ayabie vnde~ wch ~.oticy w pot.ues u~J MORIGAGEE ~hall Mvs ~he op~~on to recw+r a~~J apNty thr ~s~~~r on eccuu~~~ ol Me i~~dab~rd- neia secured he~eby w~o perr„e sa~d MORTGAGORS w rrcaive +nd w~ i~ or any ~,.~r~ ~hrreof tu oii~• r i.~~~ .,i~s. ...~no~r ~h y::~ ~~~~p~u- ~ ing any equity, lien p ~ight undrr p by virtue of this mot!ya9e; and in tht evcnt sa~d MORTGAGORS shalt fo~ any reason lail to keep ~~e sa~d {ue~nit.>f s0 ~ insured. a(ail to deliver prompNy ~nY of s.+id po~rcies of insu~~nce to s~~d MORIGAGEE, or fa~! promptly Io pay fully any yrr~n~,,,n thcr~tw or in a~y respect fail ~o pN(am, d~scharye, execute, effecl, ca~splrte, comp~y wi~h and ab~de by this covenanl, a any pert hrreo(, se~d MGRIGAGEE may piace a~~d pay lor such insurrncs or •ny part thrreof w~~hout w~itiing or affecting any option. lien, equrty, or r~yh~ unJer w b~ v~~fuv ol ~h~s At«~gspe. and the full amount of each and trery ~uth paYment shall be 1~nmediately due and payaGle and shatl bear interest irom the dste thercof uniil po~d at ~he rrte ol n~ne per centwn pe~ annum and to~rth~r w~th such inee~est shali be secured by the litn of thii mwtgage. ~ ! 1, To permit, tommit or sutfc~ no waste, impa~rmrnt w dctrrioration oI said prope~ty ot sny part Ihereof. S. To pay all and s~ngula? the costs, charges and expenses, includmg a reasoneble ananey's fee and cos~s of abstracts oF title, inwrred or pa~d st i any ~ime by aaid MORTGAGfE, because or in the eve~t of the fa~lure on Ihe pari of the sa;d MORTGAGOR to duty, promptly and }utly perlo~m, d~icharge. execuTe, eifec~, car.p~efe, comply w~th and ab:de by ea:h and every ~he st~pulat~ons, agreements, conditions, and covenanis of said promisiory note and ihis mortyage any or either, ~nd sa~d costs, charges and expenses, each and every, sMll be immrdiately due and payable; whe~her w not there be not~ce do- mand, attempt to collect or suit pend~ng; and the fvll amounl of each and e~ery such payment sheil bea. iroerest irom 1he date thcreof un~il pa~d at Ihe rote o~ nine per crntum ~xr annu:n; ond aU said costs, charges and expenses incurred or paid, togather w~th such interesl, shall be setured by the lien of thi~ i mort0~0. 6. That (a) in the erent of any breach of this Mortgage or default on the part of the MORiGAGOR, or (b) in the event sny of sa:d sums of money herein referred to be not pranptly and fully paid within thuty (30) days next af~er Ihe same severally beconze due and payable, without demand o~ notice, or (c) in the event each and every the stipu:auons, agreements, conditio~~ and covenants of sa.d proniiswry note and th~s mortgage any or either are no1 ~~ly, promptly and fully performad, d,scharged, executed, e(fected, compteted, complied with and abided 5y, then in either or any such event the sa~d ag gregate sum menrioned in said pron~isswy nore then remaining unpaid, with interest accrued, and alt moneys secured hereby, shall become due and pay ebie fo~thwith, w th~reaFter, at the opnon of said MORTGAGEE, as fuily and completely as ii a~l of the said svms of money vve~e w~g~nally ~t~pulatcd ro be pa~d on such day, anything in sa d prom~sswy oote or in this Mortgage to the contrar/ norwiths~anding; and ~hereupon or ~hereaNe~ at the op~ion of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter brgun, may be prosecuted as if alt moneys tecured hereby nad maWred pnor to ~ts instituuon. 7. That in the event that at the beginning of or at any time pcnding any suit upon this Mo~tgage, o~ ro faetlox it, or to retorm il, or to en(orce payment o1 any tlu~ms h~reunder, said MORTGAGEE sha!I apply to the Court having ~ur~sd:ction thereof for the appointment of s Receiver, such Courl shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng ail and s~ngulai ~he income, prof~ts, issues and revenves Irom whatever so~rce derived, each and every of wh~ch, it being expressly unde~stood, is hereby mortgaged as if speufically ut forth and descnbed in the y~an~ing and habendum clauses hereof, and such Receiver shall have all the broad and efiect;ve f~nc:,ons and powers in ariywise entrusted by a Court to • Receiver, end wch appointment shall be made by wch Court as an admitted equity and a mafter of absolute ~ight to said MORTGAGEE, and without re(errnce to the _ edequacy w inadequacy of the value of the p~operty matgaged or to the so~vrncy or insulvency of said MORiGAGOR a the defendants, and that such renrs, profits, income, issues and revenues ahail be applied by such Receiver accord~ng to ~he tien or equity o( sa~d MORTGAGEE and the practice of such CourL 8. To du!y, prompt:y and fully per(orm, discharge, execut>, effect, compiete, compiy w~rh and abide by each and every the stipulations, agreements, conditions and covenants in said ptomissory note and Ihis mortgage sel forfh. ' 9. ihat in the event the ownership ol the mortgaged prem~ses, o~ any part thereof, becomss vested in a person other than the MORTGAGOR, the NORTGAGEE, irs successors and ass~gns, may, w~~hout nmice to the 610RTGAOR, deal with such successor or successo~ in iMerest with reference to this rt,ortgage and the d~ot hereby secured in the same manner as with Mortgago~ wi~hout in a~y way vit;ati~g w d~scharging .the Mortgagors liability herr ~nder or upon the debt hereby secured. No sate of tl~e premises hereby mortgaged and no forbearance on the par~ ol ~he MORTGAGEE or its succeswrs or assigns and no extens~on of the time 10~ the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, siiall operate ro release, discharge, modify thange or afFect the original liabil~ty of the MORTGAGOR herein, either in whole or in part, 10. It is speufically agreed ~hat time is of the essence of this contract and that no wai~er of any obl~garion hereunder a of the obtigst'an ~e- c~red hereby shal! at any time thereaiter be neld to be a waiver of the te~ms hereof or of the instrument secured herby. 11. In add~t~o~ to the fo~ego:ng monthly payments of princ'pal and interest required by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mortgagee v.~th each monrhly payrnent an add~iional sum estimared by mortgagee to be equal to 1 j 12 of Ihe annual cost of the follovv- mg: A-All real praperty taxrs lev~ed or assessed agai~st the above descri6ed real estate. B-Frem.iums on fire and windsrorm inwrar.ce as here~n requ:red to 6e carried on the improveme~ts situate on th~ above d:scribed premises. C-Premiums on svch m~rtqage guaranty insu~ar,ce as mortgagee shall Trom t~me to time deem fit to carry on the loan secured hereby. ! Mortgagee sha'1 (rom t~me to t~me notily mortgagor in writ~ng of the amo~~nt due and payable hereundr~ and such su~j sha~~ th~reu{wn be due and j ;~yable on the d~e ciate of ihe ne,et monthly payment and each auccessive month thereafter ~r.til mortgagee shall notify mortgagor of a change in such ~ a-•.o~M. Such wms sha:i be appiied by mortgagee toward the payment of real p~operty taxes, inwrance prem;ums, and mortgage guaranty insurante I - ' ! c~emiums. ~ IN l'1ITPJESS :":NEREOF,~the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. igned, Seaied and de " ed i the presence of: ' C ~ ~ ~ r Sesl) - L.u 6z C• C Oke J. «,q _ - - - (Seaq - - Debra COOk~ (seaq sralE oF F~oaina ~ • - ss. - , CiJUNTY OF - ( Betore me personally appeared ~tber C• COOke and Debra Cooke his wife, to me well known and known to me to be the individuais desuibed in and who executed the fwegoing i~strument, and acknowledged before me that they executed the same for the purpose~ Debra Cooke rherein expressed. And the said ,~;fe of the said ~tb~ C• CO°ke, `~r ~ upon a separate snd privat~ c.aminat~on by me taken separate and apart from her said husband, acknowtedged to and before me that she executed said instrument treely and volurr ra~ily and w~thout any compuis"an, constraint, appreheqs~or;,~or fear of or from hqr s~jd husband. A 1 - WITNESS my hand and official seal this day of ( r ` A'+~. ~4 T3 r J • ' No??ry Public in an io the State of F " e:4t }arye, 9 ~ • My Comm~ssion expire ~ ~ ~ • ~ Return io: , ~ . ' ~~V ~ t~ t I ~ 't. ~ first Fedenl Savingi 3 Loan Assouahon ~ ~ - ~ ~ Of Fu~t P ~ ~c~ ~...I ~ ~ Fort P~c~ce. f~o~~da . • : . ` . ~ jlt,' , F~l~'3 A,-' ~ ~CG~Dl9 This Instrument Prepared By D~itfif F. HOleZge! Si ~'~~~.,`:~~'X F_~. ~ F+rst Federal Savings 8 loan Association P`j'•~ .,.~j . of Fort Pierce~ Rlor~da . f'` : Checked BY ~~j lv ~i1 ~ 1 J js APi. ~ O ~ k v c~ i~J1.~80 ~ Bi.iC~ 212 ac. ~407 - ~ x _ - , ~ _ _ s~- ~ il