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Home My WebLink About1820 To plac+ ~nd con~inuously kr~p on ~M bui!d~ngs now w haeaita ~itu~q on said la~d and on all equipntnt ~nd pe~~ally covtr~d by lhis mort¢ p~. with all prem~ums the~con pa~d in full, fire i~sv~anc~ in tM usual t~andud policy Iwm. i~ • sum apprw~d by tM MGRtGAGEE. and wind~~am in~uru~c~ i~ ~M uswl sund~rd pol~cy fam, in • sum ~pp~ovad by tM MORTGAGEE, in u?ch company a compa~~ss a ~h~ MORTGAGEE m~y di~~c~t ~nd all tir~ and w~~ds~wm in~uranc~ polici~s a+ ~~y of uiJ build~r?pt, any int~r~st therein w p+h the.eof, in IFN ap~~e9N~ ~um ~fwesaid Or in ~acess tlxreoi, sAall contain ths usual ~ta~dard mori~a9e~ claus~ a such otF~ clauss a IM Matya9e~ may requir~. makinq ~he losi under sa~d po1i~ cies, sach and ~very, payabl~ ~o s~id MORTGAGEE as irs intaest may ~ppaar, ~nd each and every tuch pol~cy shall be p~ompHy +sa.9ned and delive~ed ~o ~ny Mld by iaid MORTGAGEE as (urther security ro said mo.ty~y~ debt, +nd, nw lest ~han ten (10) d~ys in sdv~nce of the expiratio~ of e~ch policy, to dr liw~ to ~aid MORTGAGEE ~ ~e~+ewal thereof, to9a~hsr with • reteipl for the pr~mium of suth r~~ew+l: •nd ~her~ shall be no fire or winds~o~m insur~nc~ plated on ~ny of tald buildings, any interqt lhtrein w parl thawf, ~n1eu in tlk form and with tM los~ p~yabl~ ai aforeseid; and in tM event any ~um of mon~y bcca~es payable under ~uch policy w policies uid MORTGAGEE ihall hav~ ~M optan 1o receive end apply the sune o~ accounl oi tM indebted~ neu secured hereby a to permit said MORiGAGORS to receivs and uN it w aoy parl thercol fa other purposes, w~~hout th_rcb/ waivi~,g or unpair- ing ~ny equity, lien w right unde~ a by virtw of ~his mortg~ge; and in 1M ~vent sald MORTGAGORS shall fa any reason fail to keep the s~id p~cm~sri so ' iniured, o~ fail to detiver promptly ~ny of said policies oi insu~ancs to sa~d MORTGAGEE, or fail promptly to pay fulty any pre~nium therefw a i~ a~y re~pad (ail b perfam. discharge, taecute, elfact, tomplete, tomply with and abide by Ihis covenant, a a~y pa~t hereof, ~sid MORTGAGEE may pl~te and pey fw tuch inwrance w a~y paN thereof without waiving p sftec~iny +~y option, lien, eqvlty, or rigM under w by virtue of ~hii Mutgaye, and ~he full amounl of each and every such p~yment sh+ll be immedietely dve +nd payabls and shall bes~ interesl from the date tlxreof until paid at the ~ate ol nine per ce~tum pet annum and to~ether with such intereat sMll be secured by IM lien of this mortgsge. 1. To pc~mit, tommit p suffe~ no waste, impairment w deterioration of ssid property c~ any piA thereof. S. To pay all and siagulu tM caets, cl~rga and expenses, including e reasonable attorney i fee and costt of abstracts of titte, incurred w paid at any time by iaid MORTGAGfE, becauss or in the eve~t of the failure on ths part of the said MORTGAGUR to duly, promptly and fully periorm, discharge, eaecute, effect, complero, compty with and ab:de by each and every Ihs stipolatiwu, agreements, condifions, and covenants o( sa~d promissory note and this mwtg~ge any o~ eithH, and said costs, charges and expenses, each and every, sM~l be immediately due and payable; whether a not there be notice do- mand, attempt to colled w wit pend~ng; ~nd the fvll artwunt of each and every such paymrnt shall bear interest from the date thercwf until paid ~t the - rare oi nine per centum per anuum; and ali said costs, charges and expenses incurred a paid, togelher wAh :uch interost, shall be tecured by the lien of thia ~ mo~tysg~, i 6. That (s) in the event of any breach of tFw Mortgage or defaulr on 1M part of the MORTGAGOR, or (b) in the event any of said svms of money hereia refer~ed to be not p~omptly and fully paid within thirty (30) days next after ~he same severatly become due and payable, without demand a notice, or (c) in the event eath and evary the stiputations, agreements, conditions and covenents of sa~d promissory oote and th~s mortgage any or eithe~ are nol ~uly, promptly and fully perfwmed, d~xharged, ezecuted, effected, ca++pleted, complied with and abided by, then in either or any svch event the uid ag gregate wm mentroned i~ said promissory note then rcmaining unpaid, with iroerest accrued, and all moneys xcured hercby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully a~d completely as if all of the wid sums of money were orginslly s~~pulated to be paid on such day, anything in sa;d promiuo~y note w in this Matgage to the con~rary notwithstanding; and thereupon or thereafter a1 the option o( said MORTGAGEE, without notice or demand, suit at law w in equity, tF~crefore o~ thereafter begun, may be prosecuted ps if all moneys setured hereby had matured pr~a to its institution_ 7. Thst•in the event thal at the beginning of or at any time pending any suit upon this IlRortgage, w to fweclose it, or to reform it, w to enfores ~ payment of any claims hcreunder, said MORTGAGEE shall apply to the Court having jurisdictioo thereof for the appo"~ntment of. a Receiver, such Coiirt shall Forthwith appoint a receiver of said mortgaged prope?ty all and singular, includ~ng all and singular the inmme, prof~ts, issues and revenues from whatever wurce derived, each a~d every of which, it being expresaly understood, is hereby mortgsged as if spetifically set fwth and described in the granting and habendum clauses hereof, and such Rcceiver shall have all the broad and eftective fu~ct~ons and powers in anyw~se entrusted by a Court to a Receiver, and s~ch appointment shali be made by such Court as an admitted equity and a matte~ of absotute right to sald MORTGAGEE, and without refere~ce to the ndequacy w inadequacy of the value of the prope?ty rrwrtgaged or to the solvency or insotvency o( said MORTGAGOR or~ the defendants, and ~hat such ~ents, profits, income, issues and revenues shall be applied by such Receiver acc«ding to the lien or equity of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perfwm, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, , , conditions and coveoants in said promissory note artd this mortgage set forth. . 9_ That in the event the owne~ship of the mortgaged premises, or any part thereof, becomes vested in s pcrson other than the MORTGAGOR, the ~ MORTGAGEE, its succeuo~s and ass~gns, may, without notice to the MORTGAOR, deal with such successw w successor i~ interest with reference to this mo~tgage and the debt hereby setured in the same manner as with Mortgagw without in any way vit;ating or discharging tFx Mwtgagors' liability here- under or upon tFx debt hereby secured. No safe of fhe premises hereby moAgaged and no fwbea~ance on tlx pan of the MORTGAGEE or its succeswrs or ass'~g~a and no extension of the time for the payment of the debt he~eby secured given by the MORTGAGEE or its successors w auigns, shall operate ~ ro release, d~uharge, modify change or affect the original liability of fhe MORTGAGOR herein, either in whok w in psrt. 10. It is speufically agreed that time is of the essence of this contract and that no waiver of any obl~ga~ion hereunder or of the obligation se- cured hereby shall at any time thereafter be h,:ld to be a waiver of the terms hereof or of the instrument secured herby. 11. In add:tion to the forego:ng monthly payments of prin~ pal and interest required by the promissory note secured he~eby, mwtgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addirional sum estimared by mortgagee to be equal to 1~ 12 of the annual cost of the folbw- ing: ~ A-All real property taxes levied o? assessed against the above described real estate. B-Prem~ums on fire and windstorm insurance as herein requ~red~ to be carried on the improvements situate on the above described premises. ' C-Premiums on such mort9age guaraNy insurar.ce as mortgagee shail frorn t~me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time norify mortgagor in writing of the amount due and payable hereunder and such wm shall therevpon be due and Fayable on the due date of the next month:y payment and each successive momh thereafter ur,til mortgagee shaf) notify mortgagor of a change in wch i an:ount. Such sums sFall be applied by mortgagee roward the payment of real property tazes, insurence -vem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand arx! seal the day and year first aforesaid. ' ned, and li red 'n the praence of: i i; r.~^-_.. ~Sesn = ~S ~lilliaa B! ~f Seaq { - ~ BetS • BZ 81Iit (Seaq 5 ~ ATE OF ~mmc MARZT~TD ~ ccuNn oF A1~1Ng AR011DSL ~ Befwe me personally appeared W~11~8= R. BrVant a,~ ~tsy R. B=V317t ' his wiie, to me well known and krwwn to mf to' be the individuals described in and who executed the for oi^~ instrument, and acknowledged before me that they executed the same for°tle~.pu?pps~i therein expresscd_ And the said ~Lsj/ R~ BY31aDt ~~~~~H1:i11~lttri.~'. willi8= R~~lY8ZIt ~t ~~~iatb~a ~ • • . . wife of the said - i e,~amination by me taken separate and apart from her said husband, ukr?owledged to snd before me that tF~e ezecuted said:iryfrlitp~h"~ free~? ind•vbhrn- rarily and withoui any compulsion, constraint, apprehensio , or fear of w from her said husband. WITNESS my hand and official seal this- ~ day of A ri ~ A. p., 19~ - ~ - ~ Notary Public i ' ~ ` 8 • My Commissioq expires: - : ~ ~ ~;J . Return To: ~ • , s :i fint Federsl Savings d~ loan Association . i•• . Of fort P~erce. . ~ ` Fort Pierce, Fiorida ' ~ C(/?'vfil+~. Ct~'~'`i~'`~' ~ ' ~ This Instrument Prepared By J. H. RobeYts ~ J]c. F t,EO AMO RECORpE~Q First Federal Savings 8 Loan Association =~.~UCIE COUNTY fU?. of Fort Pierce ~ Rlorida? ROCER POITAAS- ~ • CIERR C~pCUI? COURT ' Checked By C~C' RECORD YERIFIEO ; lUqi I II 3a AM'~3 ~ sooK 213 ~A~E~81? zs3z9~ ~ zg - .4, ~ ,~z _ - ' . . 'r : ti;; _~v'_:~