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Home My WebLink About2793 To plau ~nd continuously kt~p on IM buildinpi ~ow a her~~ttK Wlw» on s~id I~nd ~nd on ~II puipmen~ and ptrfonally covN~d by Ihi~ ma~q- ~p~, with ~II patmiums tMrwe? paid 'u+ full, tin ins~r~nc~ in tM uwal ~undard poticy form, in a twn approwd by fM MOR~GAGEE, ~nd windrtam Inwranc~ In rM vwal ~~andard pollty fam, in • sum approv~d by th~ MORTGAGEE, in wtA tompaey w oanpa~i~s a ~M MORiGAGEE may dindt ~nd all flr~ a+d wind~a~m inwaen POIKN~ on ~ny o( N~ bYll{~~n01. My if11NN1 1FNt~ii1 M~~f IAft~OI. in tl» ppreqare wm ~laaaid a le1 ~ktlN (FNfpI, shall contain tM uswt ~tandud morryapM clws~ a iuch o1he~ cl~uw u tM Mo.Iq~ may rpuu~. makinp tM ios~ under ~~~d pol} ci~s, each ~nd ~vKy. p~rabl~ a iaid MORTGAGEE as iri i~~~rest m~y ~ppear. and eacA u~d ~vNy tuth policy ~hall b~ promplly ~.pned and dttivatd to +ny hsld by ~aid AApRiGAGEE ~s fu~tMr secwity ro asid mortpa~e debt, and, 001 I~ss than ft~ (10) day! In ~dvant! of 1M tapit~tion ol fKA POIi~, 1o da Ilva b said MORTGACsEE • ren~wal tMr~of, ?op~~hN wi~h a r~teipt fa tM pr~mivm of ~uch r~wals and ~hs~~ ~hall b~ no fir~ w winds~o~m iniuru+t~ pl~ced on any of said b~?ildinys, ~ny Inter~tt thenin o~ put thHwf, unless In ~M fom? and.with ~M lass p~y~ble ~s sfor~saids ~+~d in the ~v~nt any sun? of mwKy bawnes payaWa under cuch polky p policas uid MORTGAGEE shall Mw th~ opt~on to rsceiw and ~pply tM sam~ on accoun~ oi 1M indeb~ed~ n~a secur~d hereby w ro pe.mi~ ~ad MORTGAGORS ro roceiv. and uw it or a~y part thereof fw otFx~ purposei, wi~hou~ thereb~ wa+ving w u~~pa~.• i~g any eqvity, lien or riyht under or by vGtw of thi~ mprty~~e; ~nd in fh~ wa+t iaid MORTGAGORS s1wU fw ~ny reawn fail to ketp ~ha iaid premisas w insvred, o? f~i) to deliva promptly a~y of said policies of insuranu to said MORTGAGEE, w fail promptly to p~y fully ~ny p?emivm therefor w in any rospetl f~il b pK1am, discharge, ~xetute, efftN, tompl~N, tomply wi~h and abid~ by this cove~t, o~ any part Rereoi, uid MORTGAGEE may place and pay fa such inwranc~ or any parf the~eof without waivlnp w~ffacHny any optior~, li~n, p~ity, a right unda or by virtue of ~his Ma~9ape, and thc fu;l ~mount of tach a~d ~v~ry such p+yment ahall M irtanediately du~ snd psy~ble ~nd sMll bear interest from tF~s daq thcreof vnt:l psid ~t ths rat~ of nine p~r centum per ~nnum and togNher with such interett shall be sacured by tM li~n of this mortpapt. t. To p~rmit, commit or sufFer no wast~, knpai~ment a deteriorition of said property ot ~ny p~A thereof. S. To pay all aod ~lnpula~ the coats, charpa u~d expenses, inctuding a rcasonsbk anwney i fe~ ~nd co~ts of abitrads of title, incurred w paid at eny time 6y aaid MORTGAGEE, because a in the eveet of the failure on the pa?t of ~he uid MORTGAGOR to dviy, prwnpNy and fully perform, d~uharQ~ execute, effect, complete, comply with and ~blde by each and every the stipvlet~ons, apreements, conditions, and covenanb of said promiswry note and this ~ matgape ~ny a either, snd ~aid costs, charge~ and axpenses. esch and wery, ihall be immediately dw and paysble: whetFar a not there be ~otice da ~ mand. attempt to mlktt or suit pendi~g; ~nd tM full amount of eath and every such payment shall bea~ interssf from ths date lhereoi until p~id it the ! rate of nine pei centum per annum; and all said costs, chargq and expenses incwred w paid, together with iuch iMerssl, shall be set~red by the lien of this mort~~g~. ! 6. Th~t (a) in the eva+t of ~ny breach of this Mortqag~ or defwtt on the part of the MORTGAGQR, w(b) in the ~venf sny of sacd sums of money herein raferred to be not prompfly and f~lly paid wi?hin thirty (30) days next aiter the same severally become due and payabk, without demand or notice, or (~J in the event exh snd every the stipulations, sgreemenb, conditions and coven~nts of said piomiuory note and th~s matqage any or either are nof iuly, promptly a~d f~Hy perfumed, distharged, execured, eftected, tompleted, complied with and abided by, then in either or ~ny svth eveM the said ap~ gregate sum mentaned in said promiuory note then remaining vnpaid, with interest accrued, and all moneys secured hereby, shall b4come due and pay- abte fwthwitt~, w thereaiter, ~t fhe option of said MORTGAGEf, u fully ~nd comptetety as if al! of the aaid wms of money were o~igin~tly st~pulated to be paid on sucF? day, anyfhing in said promissory ~ote or in ihis Mortgage to the contrsry notwithstanding; snd therevpon a thereafte? at the option of said MORTGAGEE, without notice w demand, svit at law or i~ equity, thcrefwe or thereafter begun, may be prosecuted as if all moneys secured haeby had matured prior to its inttitution. 7. That in the event that at the beginning of or at any time pending any suit vpon this Nlortgage, or to forecbse if, w fo roiorm it, or to enfwce payment of any claims hereunder, ssid MORTGAGEE shall apply to Ihe CouA havirx~ jurisdiction therEof iw the appointment of a Qeceiver, tuch Court shall Forthwith appoint a receiver of taid mortgaged property all snd singvlar, intl~d~ng all and singular the income, profits, iuues snd revenues from whatever source derived, eath snd every of which, it being expressly undersrood, is hereby erw~tgaged as if apecific+lly se1 forth ~nd dewibed in the yranting ar+d habcndum clauses hereof, and such Receiver shall have sII the broad snd effective fu~ct~ons and powers in anyw+ie ennusted by a Court to s Reteivcr, and ~uch appoentment ahall be mads by wch Cou~t ~s an admitted equiry snd a matter of absolute right ta s~id AM1ORTGACafE, and withqut reference 1o the edequacy or insdequscy of the wlue of the property mwtga9ed or to the soivency w inwlvency of uid MORiGIIGOR or the defendann, and that such renrs, profits, income, iuues and revenues shall be appJied by t1KA RKOIVK MCO~di(1~ 10 tIb IIM Ot QQYity OT said MORTGAGEE and the p?actice of such GOUf1. 8. To duly, promptly aed fully perform, discharge, execute, effect, complete, comply with and ab"~ by each and evtry the stiP~il~tions, sgreements, conditioro a~d tovenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, its successors artd suigns, msy, wifhout no~ice to the MORTGAOR, deal with such succeswr w successor in interest with ~eference to thfs mor~gage ~nd the debt hereby secured in the same msnner as with Mortgagw without in any way vitiating p dischs~gir?g the Mortgagors' liability herr under w upon the debt hereby secured. No ssle of the premiu+s hereby mortgaged and no forbtarante on the part of ths MORTGAGEE or its iuccesson or assigns and no extension of the time fw tlx payment of the debt hereby secured given by the MORTGAGEE or itt iucceswrs or euigns, ?hall ope~ate to rolcsse, discharge, modify thange or affect the wiginal liability of the MOQTGAGOR herei~, either in whole w in part. 10- !t ts specificalfy agreed thst time is of the essence of this contract and thst no waiver of any obligation hereuncler a of fhe obliyaf'an sr cured heroby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM sec~red fxrby. I1. In add~tio~ to the forego:ng monthly payments of princ'pal and interest required by 1Re promissory nore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthJy payment an addir'anal sum estimated by mortgagee to be equsl to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied w assessed against the abovs described real estate. B-Premiums on fire and windstorm insurartce as here~n requ~red to be carried on the improvemenri situatr on the above described premites. C-Premiums on such mortgage guaranty insurance as mortgagee shatl from time to time deem fit to carry on the ban secured hereby. Mortgagee shati from time to tirrk notify mortgagor in writing of the amount due and payable hereunder ~nd such sum shall thereupon be due and cayable on the due date of the next monthly paymeM and each successive month thereailer urtii morfgagee shaN notiiy mortgaga of a chsnge in suth amount. Such sums sF.a11 be applied by mortgagee toward the payrrKnt of real property taxes, insurance prem;vms, and mwt e, guaranty inwraote premiums. ' IN WITNE55 WHEREOF, the said MORTGAGOR has hereu~to set his hand and sea! rhe dey • a s id. Sipned, Se a delivered in~the pr e of: ~ , ~ ! ~ Robert A. C ,q , ~ ~ ! Seatl ~ Ll n J. Coo r ~ STATE OF F10RIDA ~ LOUNTY Of - SL . LL1C1@ # ~ Befwe me perw~ally appeared ---R~b~ r t A_ CAAnEt and Linda J. CAOp@Z his wife, to me well known and known to me to be ~ rhe individvats dewibed in snd who executed the forepang instr~ment, and ack»owledged before me that they executed the same fw the pw{wses ~ rherein expressed. And the sa~d Linda J. COOp@Z ~ w~fe of the said Robezt A. COO Z ~ ~ ~pon a separ~te snd private examination by me taken separate and apart from F~es said husband, acknowlcdped to and before me thst she executed ssid instrument freely and volu~ rarily a~d w~thout sny compulsion, constraint, sppre or fesr of or from her ~aid husbind. ? WITNESS my hand and official seal thi day of p, ~9~73 c w sry Pubtic in ~nd fw ths State of a.~f '~e-, ~ : y Commission utpires: ~ ~ ~ Return To: ^ . - ~ fint Federal Savings a loan Aswciation ~ : : . ` : ~ " = h Of Fort P~erce. ~A~ ~ _ t Fo» Vierce, flor7dn MY COMMISStON EX'1:"'_'~ DE y~24i •1~9~ ~ ~ 8pl10ld ThIY GEMr~1 Ir.LY~~(~C~ Q114~/~f~.aq : e ' ~-~~~r~,•`...~•~~~i~~ ~ ' ~'~~nin~~~~,:V~' € This Instrument Prepared By Gary R. El lwood F~~Ep ~h~ lI..COROEe ~~T ~ M~~ ~ First Federal Savings 3 Loan Association :?,1.HC~L COUNTY FLA• ~ of Fort Pierce , Florida ~~Ea~ ~j~CUiT Co Rt { pR~OR~ VER'~IEO ~ ~ Checked By . y . ~ ~ ~ 10 s41~ 73 2539'73 aIJGK~~~ PA~~~~~ ' ' -?"a . ~ - - - - - - - - - - - - _ - ~