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Home My WebLink About0486 To plu~ snd cominuously kesp on ~he bui!d~~g~ now o~ here+iter ~i~uaN on said land a~+d on ~II equipment and p~nonally cowred by this mat~ pe, wilh al) premiums tAereon pa~d in Full, fire insurance ~n ths usual t~andard policy (am, in • ium ~pp~ovtd by IM MORTGAGEE, and windstam ~nsuranct In tFw uswl i~andard pol;cy fwm, in a ium ~ppro~~d by ~M MORTGAGEE, in wch compu?y a canpan~~s a tM MORTGAGEE ~nay direc~t u+d all iir~ a~d windiio~m insuranu policisi o+? any of iaid build~np~. +~y i~t~nst tFK~ein or pu1 thereoi, in tM +~~eya~~ ~vm +(o?es+~d or in ~xcess Ihersof, iMll contain the uswl sundard mortga~e~ c1~us~ a such othe~ cla~s~ ~s ~M lMwt9a~M m~y ~equu~, makinp th~ lou u~da~ sa~d poli~ cies. ~ach and ~vaY. P+Yable lo said MORiGAGEE as i?i in~erei~ may app~u. ~nd each ~nd every tvch policy shall b~ promptty au yned and d~livmed ~o ~ny held by said MORTGAGEE as fur~Mr iecurity to said mortya~e debt, and, no~ leu th~n le~ (10) days in advanc~ of tM expir~tion of each policy, to dr liver 1o said MORTGAGEE a renewal lhereof, togetha with a rete~pt fw the p~sm~vm of iuch renewal; and Ihere ~hsll b~ no f'ae or winds~wm insur+nce plac~d on any of iaid b~ildings, ~ny interetl the~ein or part thsteof, unleu in ~he form and wi~h tM loss pay~bl~ n•for~iaidj and in ~M event any tum of monsy becanes payable under sucA policy or policies said MORTGAGEE shall haw ~M opf~on ~o reteive and ~pply the s+m~ on +ccount o( the indebted- neu secured he~eby a w permit said MORTGAGORS to receive and uu it a any part thereof fw other pu~poses, w~tla~t th~reo~ waivi~~g o~ unpair- ing a~y equity, lien a riyht unde~ or by virtue ot this mo:s~age; +nd in the eve~l s~id MORTGAGORS shall fw a~y reason iail to keep ~he s+id premises so insured, or fsi) to delive~ promptly any of said po~icies of insurance to said MORiGACaEE, or (ail promptly to pay fully any prem~um therefw or in a~y respect fail b perfwm, dischargc, eaecute, effect, complete, comply with and abids by this covenant, or ~ny part hereof, said AFORTGAGEE may p~+ce and pay fo~ such insurance or any part lhereof without waiving w ~ffecting sny option, lien, equity, or right unda~ w by virtue of this MortgaQts, and tht futl amo~nt of eacA and eve~y such payment shall be immediately due and payeble a~d thall bear interesl from ths date thereof until paid at the rata ol nine pe~ centum per annum and to~ether with such interest thall be sec~red by ths li~n of thi~ matgsge. 4. To permil, commit or sui(er no waste, impairment w deterioration of said property o~ any p~rt thereof. 5. To pay all and unyular Ihe costs, charges and expenses, including a reasonable attorney i fee snd costi of abstracts of title, incurred or paid at ~ any time by said MORTGAGEE, because w in the event of the failure on 1h: part of the said MORTGAGOR to duly, p~omptly and fulty perform, d~uharge, ~ execute, effect, complete, comply w~th and ab~de by each and every the stipulations, agreemenb, conditions, and covenants of said promissory note and ~his ~ mo?tgage any a either, and said costs, charges and expenses, each and every, shall be immediately due and payable; whether o~ not there be notice do- mand, sttempt to colktl o~ suit pendingi and the full amouM of each and every such psyment shatl bea? interest fran the date thereof until paid at the ra~e of nine per centum per annum; and all said costs, charges and expenses incurred or paid, together w~th such interest, shall be secured by the lien of this ~ mortgag~. 6. That (s) in ths event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the evenf ~ny of said sums of money ~ herein ~eferred to be not promplly and fully paid within thirty (30) days next after Ihe same sevtrally become due and payable, wilhout demand w notice, or in the event each snd every the stipulations, agreements, cond~tions and covcnants of sa~d promissory note and th~s mortyage a~y w either are not ~uly, promptly and fully perfwmed, d~scharged, executed, etfected, completed, complied with and abided by, then in either or sny such event the said sg gregate sum mentio+xd in said promiuory note then remaining unpaid, with interest acuued, a~d all moneys setured FKreby, shall betome due and pay- able fwthwith, w thereafta, at the option'of said MORiGAGEE, as fully ard completely as if all of the said sums of money were originally st~putated to be paid on s~ch day, anything in sa;d prom~ssory note w in this M«tgage to the contrary notwithstanding; and thereupon or thereafter a1 the option of said MORTGAGEE, without notice or demand, suit at law w in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had marured pnor Io its institution. ~ 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to foreclose it, or to refwm it, or fo enforce payrrKnt of any claims hereunder, said MORTGAGEE shall apply to the ~ourt having jurisdictio~ thereof fw the eppointment of a Receive?, such Court shall Forthwith appoint a receiver of said mortgaged ptoperty al~ and singular, intlvd~ng all and singuler the income,'prbfits, itsues and rev~~ues from whatever source derived, each a~d every of wh~ch, i~ being expreuty u~derstood, ii hereby mortgaged at if spec;ficaHy set fath ~r+d deuribed in the granting and habendum dauses hereof, and such Receiver shaN have all the broad and effective funcuons and powers in anywise entrusted by a Co~rt to a Receiver, and such appointment shatl be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and witFw~t reference to the adeqvacy a inadequacy of the value of the property mortgaged or to the w~vency w insolvency of said MORTGAGOR a the defendants, and that such renrs, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. . • . . 8. To duly, promptty and fully pe~(drm, d~scha?ge,'execufe, effect, mmplete, comply with and abide by each and every'the stipulations, agreements, ~ conditans and covenants in said promissory note and this mortgage set fath. 9. That in the event the ownership of tF~e mortg@ged premises, a any part thereof, becomcs vested in a person other than the MORTGAGOR, the ' h102TGAGEE, its succeuors and assigns, may, without notice to the MORTGAOR, deal with such successor w successw in interest with referente to this f morrgage and the deb~ hereby secured in the same manner as with Mortgagd withoul in any way vit;ating or d~uharg~ng the Mwtgagors' liabitity herr ~ under p upon thr debt hereby secured. No sale of the premises hereby mortgaged artd no fwbearance on the part of the MORiGAGEE or its successors or assigns and no extension of the time tor ehe payment of the debt hereby sea~red given by 1he MORTGAGEE or its succeuws or assigns, ahall operate to release, d~xharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole a in part. 10. It is specifically agreed that time is of the euence of this contract and that no waiver of any obligation hereunder w of the obligation sr f cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrumeM secured herby.- ~ I1. In add~tion to the forego:~g monthly payments of princ'pal and interest required by the promissory nete secured hereby, morigagor covenants and agrees to pay to mortgagee with each monthly payrnent ar~ additwnal sum estimated by mortgagee to be'eqval to 1/12 of the annual cost of the follow- in~: A-AU real property taxes levied or assessed agai~st the above described real estate_ - 8-Premiums on f'ue and windstorm insurance as herein requ~red to be carried on the improvements situate on the above dtscribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shatl from time to time deem fit to carry on the loan secured hereby. Mortgagee shall from rime to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ~ payable on tF~e due date of the next moMhly payment and each successive rrnnth thereafier ur.til mortgagee shall notify mortgagw of a change in such i a~r.ount. S~ch sums shail be applied by mortgag?e toward the payment of real property taxes, insurarxe prem:ums, and mortgage guaranty insurance i premiums. _ - ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal tFx day and year first afwesaid. t ~ Signed, S ~I snd elive ~ i t e presence of: ~j- y . ~ ~ I ~ ~~r.c-vs-G/.(.// : f l1~/-[/.~v-(S~aq ! eth N i q . ~ DOZOth B f Seaq STATE OF FtORIDA 1 ~ St. Lucie r rniJNTY OF - - - - ~ eer~.~ ~~.~auy appeared Kenneth N. Harr is a~a ~ Dorothy E. Harris his wife, to me well known and known to m~ to be ~ the individuals described in and who executed the fwegang instrument, and acknowtedged before me that they executed the same for the pwposes t therein expressed. Md the sai ~010tr1 B Harri . r Kenneth N Ha~cris ~ ~1~ ~v~fe of the said ' pon,s ~sca'rilh~~riJ~it3 { exam~nation by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed said instrur~le~rt freply'_ahd_v'E{u~F ~ rar~ly and without any compulsion, constraint, apprehension fear of or from her said husband. - WITNESS my hand and official seal this day of ~ 1`~.`.~.r~9~ . ~ f / - ~ '•1 ' ~ ~ ~ ~ _ j Notary Pvblic in and_ for t State o. ~ ida My Cortuniuion expires: ~ ~~~~~/~~v Return To: . • ''-:,:~~r~ ; firsf Federal Savings d. loan Association NO~~fy PY~I, S~L! OI FlO!Idi 8t L~~Q! ,~1 j Of Fort Pierce. M~ Comolissi~n EtFires Stpt. 22. 1973 ~'~'~:r..~..~~a~~ Fort Pierce, Florida M~dW h~~«+c~a Fn i Gw~Y~r Co~ ~ ` 'R . . . fItE01C~D RECpRDEO iT.lUC1E COUMTr F«, RQ~~ ?0~'RAS This Instrument Prepared ByJ•H. RobeYts~Jl'• ' U~T COURt 5 ~`E'~ ~ ~ 4509 First Federal Savings 8 Loan Association E~~R~ Yfr+F1ED .of Fort Pierce ~ Rlo=ida ~r ~ r fo ~ ~ e z6 aH 73 Checked By = ~ i ~~ox ~14 PA~E 487 dz ~ ; _ - - - : -T r^~iU'i ~ ~t• L-,Y~.-.s -'v- ~~~~3"J ~ "~~5- s' - -,~s.a`-t.r''~,* vv F _ _ . ~ ' _ ' *c,~.+2~`~,~ ~ _ _ _ . _