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Home My WebLink About2803 J. To pl~c~ and conrkwously kep on tM buiid'+nps now a htrtaftN s~twl~ on iaid land and on ~II pvipmtnt ~~d pasonally cova~d by this nar1~ p~. with ~11 pr~miw~a ~haeon ps~d in full, f'ue insura~ce in ~M uswt ~u~dard poficy form, in • sum ~pproved by tM MORiGAGEE. ~~d winditwm . iniwu~ 1n tl~ usual uu~da.d por.cy (am, In a wm approv~d by ~hi MORTGI~GEE~ in such compai+y u compani~s a ~M 1NORTGAOEE may- d'u~J and all iw~ ~nd windiarm insurann polici~s on ~ny of Nid blildinOf, i~ly InfHKt IFNffifl Of p~tt tI1N~Of, {n th~ ~pq~p~~~ s~m afutsaid o~ ~ M pcass ~her~of. ~II con~ain tf?~ ~wa1 standud mor~qa~ claus~ or tuch o~ha clw~ u tM Mat9ayN may rp~'u~. makirp tM loia unde~ a~d po14 cip, each and ~wry. piy+b~ to uid MORTGAGEE a in interest may ~pp~ar, ~nd each ~nd tve~y wch policy ~ha{I b~ promp~ly ~ss pned and delivsred ~o ~ ~ny MW by fa~d MORfGAGEE as further tecu~ity to said mortpp~ debt, ~nd, ~+oi 1~ tMn ren (101 dayrs in advanc~ of tl+~ exp'uation of fKh pOli~y, to dr ~ IivM fo uid N1pRTGAGEE a?enew~l Ilxrtof. Iop~~Fw~ with a reteipt fw Ihe pramium o} wtl~ ren~wal; and thert fhsll b~ no fu~ a wind~~wm insura~+t~ plapd on a~y of said buildinps. ~ny inta~st tlwr~u+ or p~rt tMreof, unleu In tM form u+d with Ih~ loss payabl~ ~fa~a+idt Md ~ tht eve~t any sum of mor»y becpne~ payabl~ ~ndN such poticy o~ policies uid MORTGAGEE sMU haw ~M opYwn to receive ar?d apply tAe sam~ o~ account oi Ihe indebted~ ness secur~d hs~eby w b permit iaid MpRTGAGORS to roce~v~ and ~s~ It a any part thereof fw o~her purposes, wi~hout the~eb~ waivi~~y a~n,pair- inq any puity, lien w riyht ueder w by virtue of this mortgag~; u+d i~ tM went ~a~d 1NORiGAGORS thall la any ieason fail to keep tl+e said pemiies so insured, p fail b dvliva pomptly sny of said policies of iosuronc~ to said NWRTGAGEE, w fail promptly to pay fully ~ny premium therefw p in any re~p~ct fail w perfpm, discF?arge, execer~e," effect, complete, comply wi?h and ~bid~ by this coven~nt, or ~ny paA Iwnof, said MORiGAGfE maY place and pay fw ~uch inwrance or ~ny part thereof without wsivir+Q w affectinp any option, li~n, puity, w ryM unda a by virtw oi this Mortgsqe, and tM . full ~mo~~~ of tsch ~nd ew~y s~ch payment shall be immediately dw and payabl~ snd iMll besr interest from tM date the~eof until paid ~t tM rat~ ot nine pN centum pet anrwm and togethe~ with such inte.est ~hatl be secured by the 1i~n of this mort9aQe. I. To permit, commir w suffer „o waste, impairment o? dete~iwatian of said propsrty q any paA thereof. S. To pay ~II and :inQvtu the cosf~, chuQss snd expensei„ includirg a reaso~+ble attwney's fee snd cosb of sbstrads of title, incurred or paid at any time by said MORTGAGEE, becavie a in the avent of ~F~t failure on the pan of the s~id MORTGAGOR to duly, promptly and fvfly perfwm, d~uha~ge. execute, effsct, complete, tompty wifh and ~b:de by each and every d+s stipvlatiau, ag~esments„ conditions, a~d town~~ts o( uid promiuory note u+d this mw~9s~s ~Mr w ei~ha, and said cous. chsrges and expenses. each snd every, shall be immediately due and payable: whether w nof thrre be rwtice da mand. ~ttempt to collect a suit pending: and Ihe full amo~M of each and every such payment sMll bear intcrest frar? fhe date thereof uMil ~»id at the rate of nine per centum per anaum; and all said wsts, charges and expenus incurred a paid, together with such intereit, shall be secured by the lier~ of this mwtyage. 6. ?hat (a) in the event of any bresth of thit Mortgspe or defautt on the pa~t of the MORTGAGOR, or (b) in fhe eva~t any of ss;d sums of money herein referred ro be not promptly arx! fully psid within thirty (3p) days next after IM same uveratly become due snd payable, without demand or notite, or i~ ths event each and every the stipvlatio~s, agreementi, conditions and covenants of said promiuory ~ote and th~s mortysye any or either a~e not ~ iuly, promptly ~nd fully pertormcd, diuharyed, executed, effecred, compkted, complied with and abided by, lhen in either or ~ny iuch sveM the s~id a¢ gregaM wm mentioned in said promissory note then remaining unpaid, with interes~ acuued, and all moneys secured he~eby, shall betome due and pay- able forthwith, a theresfter, af the optior? of said MORTGAGEE, as fully and compktely as ii att of ths said wms of money were aiginslly st~pulated ro be paid on wch day, anyfhing in uid promissory note or in this Mortgage to the contrary notwi~hstanding; and ttxreupon w thereafter at tha option of said MORTGAGEE, without notice or demand. suit _ at law ot in equity, tFKrefore a thereafte~ begvn. may be prosetuted u if all moneys secu~ed hereby had matwed prwr to its inslitutip~, 7. Thsf Fn the event that at the beginning of w st any time pending any suit ~pon this Mwtgage, o~ to. fwetlose it, or to refwm it, w to enfwce payment of ~ny claims hereunder, ssid MORTGAGEE shall apply to the Court having jurisdldion thereof fw the sppantmeM of ~ Receiver, suth Court shall Forthwith appoiM a receivcr of wid mortgaged property ~11 and singular, includ~ng al! and s;ngutsr the intome, profits, iuues ar•d revenues from whatever wurce derived, each ar~d every of which, it beirg expreuly ur?derstoqd, is hereby mortgaged as if sp~cifi~ally, set forth ~r?&described in the granting and habendwn dauses hereof, aod such Receiver shall F?ave all the broad and effective funct~ons and powtvs in aAyMrise en~r}rifbd ~y'aLourt to a Receiver, and such appantment shall be made by wch Cwirt as sn admitted equity and a matter of absolute right ro said MORTGA"OEE, ind withovt , reference to the adeqvacy a inadeqwcy of the wlue of the propaty matg~ged or to the so~ve~ncy or insolverxy of said MORTGAGOIF~or the ~}~~itdants, 1~nit that such renrs, profiri, incane, issues and revenues shall be ~pptied by such Receiver according to the lim or equity of said MORiG/~GEE arrd the practi~e ~of such Court. . • • t i 8. To duly, promptly and fully perfo?m, d'ncharge, execute, effect, complete, comply with ~nd abide by each and every the~atjpulafioi~ agreements, ~ condiYrons and covenants in sa~d promifsory note and this mwtgage set forth. _ 9. iFat in the eveM the ownership of the mortgaged premises, a any pan thereof, becomei vested in a person othe~ fhan the MORTGAGOR, the ~ MORTG~?GEE, iri succeuors and auigns, may, without notice to Ihe MORTGAOR, deal with such sutceuor w successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiating or discharging the Mo~tgagori liability herr under a upon tlx debt beieby secured. No ssle of the Fremises heceby mortgaged and no fwbearante on the par~ of the MORTGAGEE or ib successws or assigns and no extens"an of the time for the payment of the debt hereby setu?ed given by the MORTGAGEE or its successors w assigns, shall operote to rekase, dixhsrge, nadify change or affect the original liabil~ty of the MORTGAGOR herein, either in whok or in part. 10. It is specif'rcally agrerd fhsf 1irrM is of the essence of this conrract and that no waiver of any obligation herevnder or of ths obligsYror? se- cured heteby shall at any time thereafter be held to be a wairer of the terms hereof or of the instrumeM secured herby._ 11. In add~lion to the fwego:ng monthly payments of princ"pal and interest required by the promissory note secured hereby, morfgagor covenants and agrees to pay to mo:tgagee with each monthly payrnent an add~rional sum estimated by mortgagce to be equal to 1/12 of the annual cost of the follow- inq: , - A-A11 real property taxes kvied or assessed agai~st thc above described real estate. B-Premiums on (i~e and windstorm insurance as herei~ ~equ~red to be carried on the improrements sitvate on the above desuibed premises. C-Premiums on such mortgage guaranty insu~ar,ce as mortgsgee shall from time to time deem fit to carry on the ban secured hereby. Mwtgagee ahall from time to time notify mortgagor in writing of the amount due and psyable herevnder and suth sum shall thereupon be due and Fayable on 1he due date of the next monthly payment and each svccessive month thereafter urtil morfgagee slwll notify mortgagor of s thange in svch a.~ount. $uch sums sha!! be applied by matgagee toward the payment of real property taxes, iosurance prem:ums, and mortgage guaranty insurance premiumf. IN WITNESS WHEREOF, the ssid MO TGA has hereunto sct 6is hand and seai the day r fint af Siyned, ted s deliver in t of: Sesn 1 G. Y e a~ a~ ~ thia M. ee (seaq ~ ~ ~ ss. ~ CGUNTY OF ~ Before me pe~sor?ally appeared Lo~well G. Y@@ ~ •~r t~Nllfl// ~ - ~ ~ C.,;ratbia M. Y~ h~s wite, to me well knowq,~ 1b~,'~~~ c the individwls desuibed m and wFa executed the foregoinp instrumcnt, and acknowledged beforo me t!?~t they executed` ttie fa~ f~i~, . ~ , ~ fharein expressed. Ar?d fhe tai~ CY1St~liB M• Y6@ , t: ~~~'y:t ~ rvife of the uid ~~~~~•~~j j ~ examin~tan by me tsken separate and apart from her said hvsband, stkrawledged to and befwe me that she executed ssi nlt~ tsf~eqly.~i~lufF . rarily and w~thout any compulsion, constraint, apprehe or fe:r of or from her ssid husband. 3,.>..-: ; WITNE55 my hand snd offitial seal this dsy of - J~ j~~l Ty~ . : T x'~~ f `~.•_'4 ~ : i Notsry Public in and for the S~~{'I,~tq~. ~~-s~ ~ ' My Commiuion expires: ` . ~ Return io: •n~. .c~•` ~ t ~ Firtt Ftderal Savings 3 Loa~ Association • ' s Of Fort P~er~e. = Foit Aee~te, Flaida i-~,~~ ~ 2539'78 ~ ~ ~ € This Instrument P~epared By J. H. Roberts, Jt. p First Federal Savings b Loan Association F lE0 AMD REC~RDE ~ of Fort Pierce Fla. ;~.lUC1E ~OIIMTr F~. ~ r ROCER POITR?S ~ CLERK CI%.~UIT COUIIT s Checked By RECORR VER+~~EO j ~ ry 1~111Y ~ ~0 35 ~'Z~ b00K 213 ~'A6E ~ I v'~ sb - - - - _ _ - _ _ _