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Home My WebLink About0394 J. To plac~ and coniinuously Aeap on tM bui:d~~gs now a Mr~a(~~r siluaN on ~aid land ~nd oe? ~II tquipmcnt and personally cov~red by thit mwty- ~p~, with ~11 pr~miuma ~hereon p~~d in lull. lir~ io~u+ans~ in 1M uiuil sundard policy iwm, in a zum app~oved by IM MORiGAGEE, •nd windi~am inwru~c~ in the uswl »u+da.d pol~cy fam, in • sum approved by ~he MORTGAGEE, in s~ch company or compan~es ~s ~1+~ MORTGAGEE may dinctr ar+d all fir~ ~nd w~nd~twm inw.a~c~ policie~ on ~ny ot iaid buildinyt. ~ny Interes~ tlarei~ or part the,eof, in ~M ap~repate wm atass+id a In txcta Ihersof, thall comain ~M ~sual standard ma~ya9N claus~ a suth otFar clavs~ ~s tM Mwrya~e~ may requir~, makin~ Ihe lo~s unda+ ~a~d poli~ cia, each and evNy. p~yab~~ a aid MORTGAGEE as ib imeresi may appear, ~nd each and ~very t~ch pol~cy shaU M promptly •u.9nrd and de~ivered ~o ~ny heW by said 1NORTGAGEE a~ /u.the+ iecviity to seid mortyape deb~, and, not ku than ten (10) days i~ advanc~ of tM expi~ation of !Kh pOlity, ~o dr IivN to taid MORTGAGEE a r~newal tMrtof, topether with • receipt tOr IM prtmiwn of tuch re~?ewal; and 1her~ shall be no fire or windstam insurante pl~c~d o~ ~ny of said buiidings, any inte~est 11?K~in or part fhe~epf, unleu in Iht fwm and with IM lou payable ~s •(wessid; and in tM event a~y tum of ~aneY bccomes payable v~der such policy or policiei wid MORiGAGEE shall Mve ?he optior? to receiva and apply the same on accovnl o( the indebted- n~u setuted he~eby w Io ptrmif ssid MpRTGAGORS f0 reteiva and us~ h p any part ~hereof (w othe~ purposes, without ths~ru/ wai~i~~g oa ~mpair- inQ any equ~ty, lien w right under or by virtw of this mortpage; +nd in tM ~vent sa~d MORTGAGORS ihall fo? a~y reason fsil to keap the ~aid premisrs w insured, w fail to deliver p?omptly ~ny of said policies o( insuranc~ to iaid MORTGAGEE, or fail promptly to pay fully any premium Iherefa w in a~y r~sped fail to pe~(wm, dixharge, sxetute, effect, compJete, comply werh Md sbids by this covenant, a ~ny part hereoi, said MORTGAGEE may pl~ce ind PaY fe? such insurante or any part thereof withoul waiving w sffecliny any option. lien, equity, or righl unde~ ot by virlue of Ihis Malga~e, and the fult amount of each and eva~y iuch paymem shall be ~mmediately dw and payable and shall be~r interes~ from tho date thereof unti! paid st the ra~e oi nins pe? centum ps? annum and to~ether with such interpt shall be secured by,the liee~ of this matgage. 1. To permit, commit or suffa no waste, impairment or deterioration of wid prope?ty o~ any p~rf thereof. 5. To pay all and singulsr the coat~, ;!?arges and expenses, including a reasonsble attorney i fee and costs of absfrads of title, i~curred or paid af any time by said MORTGAGEE, becauu a i~ the event of the failu~e on /he part of the said MORTGAGOR ro duly, promptly and futly perform, d~xharge, execwe, effetf, complete, comply w~th and ab~de by each snd every the itipuiations, agreemeots, conditions, aad coveoants of said promissory note a~sd this mortQage a~y or either, and sa~d costs, cM~ges and expenses, each and every, ihall be immed~ately due and payable; whether or not there be notice d~ mand attempt to tollect or wit pending; and the fvll anwunt of each and every s~ch payment shall bear interost from the date thereof until paid a1 the rate oF nine per ~entum per annum; a~d all said costs, charges and expe~us incvrred or paid, logether with suth interest, ~Fwll be secured by the lien of thi~ mortgsgs, 6. That (a) in the event of ~ny Meach of this Matgage or default on the part of the MORTGAGOR, a(b) in the event sny of said sums of money herein refe~red to be not promptty and fully psid withi~ thirty (30) days next after the same sevcrally become due and payable, without demand w notice. or (rJ in the eve~t each and every the s~ipula~ions, agreements, cw~ditions and covenants of sa~d promissory note and thls mwtgage any or eithe~ are nof ~uly, promptly and fully performed, diuharged, executed, effected, completed, tomplied with and abided by, Ihen in either a any such event the said ag~ gregate sum mentioned in said promisswy note then remaining unpaid, wilh iMerest accrued, and all moneys setured hereby, shsll becwne due and pay~ able to~thwith, a therea;te,v, at >he option of said.MORTGAGEE, as fully and completely as if all of the said sums of money were originally iupulated to be pa~d on such day, anything in satd promiuory note w in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice a demand, suit at law or in equity, therefwe w fhereafrer begun, may be prosecuted as if all moneys secured hereby had maturtd pnor lo its insti?utan_ That in the event that at the beginning of or at any time pe~ding any suit upon this Mortgage, w to fweclose it, or fo refwm it, or to enfo?ce paynxnt o( any cla~ms hereunder, wid MORTGAGEE shatt appiy to the Court having jurisdiction thereof for the appointment of s Receiver, svch Cairt shall for~hwith sppoint a receiver of said mortgaged property all snd singula~, includ~ng all and singular the income, prof~ts, iuuea and revenues from whatever source dcrived, each and every of which, it being expreuly understood, is hereby mortgaged as if spetifically se't TohTi and dewibed in the granting and habendum clauses hereof, and such Receive? shall have all the boad and effective fund~oqs and powers in anywise e~trusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a rrWtter of absolute right, to wid MORTGAGEE, and without reference to fhe adeqvacy w inadequacy of the ralue of the property mortgaged or to the sotvency w insolvency of said MORTGAGOR p lhe df~endanfi, and that such ' rents, profits, income, issues and revenues shall be applied by such Receiver accocd~ng to the lie~ or equity of said MORTGAGEE and the practice of such CouA. _ 8. To duly, promptly and fully pe~fwm, dixF?arge, execute, effect, complefe, compty with and abide by each and every the sripulations, agreements, condiYwns and covenants in sa~d promis:wy note and this mortgage xt forth. 9. That in the event the pwnership of the mwtgaged prcmises, a a~y part thereo4, becomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its successors and au~gns, may, without notice to the MORTGAOR, deal with such succeuor or successor in interest wi~h reference to this mongage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiati~g d discharging the Mortgagors' liability herr under or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no forbearance on the part oi the MORTGAGEE w its successon or assigns and no extension of the time fw the payment of the debt he.eby secured given.by the MORJGAGFE or its succeuors or ass;gns, ahall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. h is spedficalty agreed that time is of the essence of this contrad and that no waiver of enr obligation F~ereunder or of the obtigaf'an sr cured hereby shall at any time thereafter be held to be a waiver o/ the tecros hereof or of the instrument secured herby. 11. In add~rion to the fwego:ng monthly paymenrs of prin~ pal and interest required by lhe prom;ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagce with each monthly payrnent an addirional sum estimated by morfgagee to be equal to 1/12 of the a~nual cost of the follow- ing: A-All real property taxes ievied or assessed against ?he above deuriyed real estate. B-?remiums on fiie and windstorm insurance as herein requ~red fo be carried on the improvements situate on the above described premises. C-Premiums on s~ch mwfgage guaranty insurance as mortgagee shail from time to time deem fit to carry on the (oan secured hereby. Mortgagee shail from time to time notiiy mortgagor in writing of the amount due and payable hereunder and auch sum all the~eupon be due and payabte on the due date of the nexl monthly payment and each successive month thereafter until mortgagee shall notify mor agw of a change in such amount. $uch suma sha!I be appiied by mortgagee toward the payment of real property tazes, insurarxe prem:u aix) gage guaranty insurance premiums. !N W17NESS LYHEREOi, the said MORTGAGOR has Aereunto set his hand and seal the day e f t id. Signed, Seated and de{ivered in the presence of: _ aq RO t Mt GY ~1 . an ~ Seaq et S. Gre ~a~ STATE OP FIORIDA ~ COUNTY OF St• L11C~e ~ ' Before me personally appeared R~bert Mthony Glceen J~1et S• Gre~I1 his wife, to me wetl known and known to me to be the ~ndrv~duals desuibed in and who executed the foregang instrument, and atkrwwledged before me tbat they executed the same {w the purposes therein expresxd. And the said `Jd~et S• Gr~i wife of the sa;d Robert Anthon ~'@P.A upon a separate snd private e~camination by me taken separate a~d aparl from her said huaband, atknowtedged to and before me that she executed said instrumem freely ar.d volun- rarily and without any compvlsan, tonstraint, apprehensior~~ fea~ of or from her said husband. WITNES$ my hand and officiai seal this 7~j A ~l day of q. p_ 19 'I3 Notary Public and for t tate of Florida at larye ' My~ Commisa e:pires: . 6~ /%.7.$~ Return To: ~ ~ First Federal Savings 3 Loan Associat~on Of For1 P~erce. ~~i:t ~ • ~ - Fori Pierce. Florida " ~ -'~t~ ' • f-.~;..'''; !~LE 0 ANG RECp~p~• ~ tif ' s<<IIC~E COqMTY ~lA. ' . ~ < ~ ' ' R4CEA POITAA$ ~ J. H. [tobez'ti~:.. ti - r _ ' ~ CtERx CIRCWT ~OURt ~ This Instrument Prepa~ed By . ? ::~a.'~' ~ • - ~ • r> ` ` REC0110 YERlf1EQ ~ First Federal Savings 8 Loan Association = ` 1,~--°;~' = , of Fort Pierce~ Rlorida ~ ~ - _ _ :.~,;4.: .~<<:; ~ ~r ti ~z ~ ~73 _ : ° Checked By . ' . - ; -i;, R • ~Sii:~S ~0~213 394 ls