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Home My WebLink About0725 3. To p1~a and continuou~ly ke~p on IM building~ now a M~eai~N utwt~ on said I~nd and on all cquipmeet ~nd p~rwn~Uy cove,ed by this ma~~ sge, wilh ~II pemiums tMrcon p~id in full, fir~ insvrante ie th~ uswi suralard policy fwm, in • sum approv~d by tM MORTGAGEE, and winditam ;~vurante i~ tM uswl ~r~ndard polrcy fam, i~ ~ tum ~pprov~d by tl?~ MORiGAGEE. in t~ch comp+ny w tomp+nies as tM MORTGAGEE may directj ~nd all tin ~nd wi~dstorm inwr~nc~ polici~s on any ot said buildinp;, any Fnftrs;t lhsreln w p+rl thereof, In 1M ~grey~~~ wm ~fwes~id o~ in ~xcea thsroof, ~haN conl+in ~he vaual standard mwtyapN clavw or such o~Fw~ cl+~s~ ~s tM Mortpape~ may ~equu~. matinp tM lou unda sa~d poli~ des, each and every, payable 1o aid MORTGAGEE ~s its interest may appear, ~nd each ~nd evay iuch policy ihall be promptly sss pned and delivered to any held by said MORTGAGfE as furri~er secvrity to iaid moityaQs dcbt, and, ~ot leu tMn ten (10) daya ia ~dvance of the expirstion oi each policy, to dr liver fo said MORTGAGEE a renew~l Ihereof, lo~ether wilh • reteipt tor tht premium of svch rtnewal; ~nd there shall be r+o fire a windsto~m inw?ant~ plated on any of ssid twildings, any intereil thetein p part the~eof, unleu in tht fo~m and wifh th~ loss p~yable ss aiaeiaid; +nd in 1M eve~t any ium of monsy beca+»s p+ysble und~r wch poliq or policies said MORTGAGEE shall have ~M optan to ~eceive and apply the sime on accoun~ of the indebted- ness secu~ed hs~tby w ro pe~mil s~id MORTGAGORS to reteive and uss it p any part Shereol (w other purpous, withou! thereb,r waivi~r,~ or ~mpair- ing any aqv~ry, iien or right u~de~ or by virtus of this morspa~r, ~nd in ?ha ~vent said MORTGAGORS shatl fo~ any reasoe~ fail to keep 1M said premiies w insu.ed, w fail ro deliva promptly ~~y of said polities of insur~nte to said MORTGAGEE, w(ait promptly to pay fvlly any premium rherefor a In any respM fail ?o pe~forrry diuhuge, execute, effect, comptete, tompfy with and abide by this tovenanl, a any part he~eof, ssid MORTGAGEE may p~ace and pny for iuch tnwrancs o? a~y part thereof without waivinq or affectirg ~ny optian, lien, equity, or r'yht under w by virtw of thls Matga~s, and the full amount of each snd every :uch payme~t shall be immedi~tely due and payabte and sha~l bear inte~est lrom tM date thercof uroil paid ~t the rate oi ncne per cenrum per annum and togetht? with such interest shall be sccured by the 1'~er? oi this mwtyags. i pei propetty o? a~y part thcreof. 1. To mi~, commit or suffer ~o waste, impairmeM w deterioration of said t S. To pay all ~~d ungulu the costs, charges snd expenses, inciuuing a rcasonable attorney i fee and costs of absuscts of titls, incurred o~ paid ar ~ any time by said MORTGAGfE, because a in the event of the fsiture on ths pan of the said MORIGAGOR to duly, promptly and fully psrfam, d~xharge. executs, elfect, complNe, comply with and ~b;de by esch and every the stipulat+oru, sgreements, conditioos, snd tovenants oi said promissory ~ote and this mortgaqe any w ei~her, and sa~d costs, charges a~d expenxs, eath and everyr, ih~ll be immediately due snd payebte; whether or not there be not7ce d~ mand, attempt ro toflM or suit pending; and the full anw~nt of each and every such payment shall bear interest from the date thereof until paid d the rate of nine pe~ centum per annum; and all said costs, chargea and expenses inturred or paid, together with suth intere~l, shall be aatured by. the tien of this mcrfgape. 6. That in the event of any breach of this Mortga~e or default on the psrt of 1F~e 1NORTGAGOR, or (b) tn the event sny of uid tums of naney herein referred ro be not prompNy and fully psid within thirty (3p) days next afte? fhe same severally become due and payable, without demand or rwtice, ~ or (c) in the event each and every the stipulatio++s, agreements, condifia+s and covenants of said promiuory note and th~s mortgage any or eitlxr are not j ~uly, promptly ar?d fuUy perfwmed, d;scharged, executed, effected. completed, complied with ar+d abided by, then in either or any suth eveM the uid ag f gregate wm mentioned in said promissory note then remaining unpaid, with i~teresl acuued, and all moneys secured htreby, shall become due and pay~ able forthwith, w thefeafter, at the option of said MORiGAf3EE, as fully and completely as if all of the said sums of money were wiginally stipuFated ro bc paid on such day, anything in said p~omiuory ~rwte or in this Mortgage to the contra?y notwithstanding; and ~hereupon or thereafter at the option of sa~d MORTGAGEE, without notice a ckmand, suit at law w in eqvity, therefore or the~eafter begun, msy be prosec~ted as if all moneys secured hereby had marwed R•w? ~o ~n institution. 7. Thst in the evenl that at the beginning of or at any time pending any suif upon this Mortgagc, or fd foreclose if, o? to reform it, or to enforce payment of any claims he~eunder, said MORTGAGEE shall apply to tFro Co~rt i+aving jurisdictior~ thereof !p the appointment of a Receiver, such Cai?t shall Forthwith appoinf a receive~ of said mwtgaged property all and singular, includ~ng all and singular the income, proiits, issues and revenuea from whatever source derived, each and every of whlch, it 6eing expresaly understood, is Ixreby mortgaged as if specificat(y set -forth a~d described in the gcanting and habendum clauses Fxreof, and such Receiver shall have al! the broad and effective funct~ons and powen in anywise emrusted by a Court to a Receiver, and . s~ch sppointment sha11 be made by wch Cou~t as an admitted equity and s matter of absolute right to said MORTGAGEE, and without reference to the edequaq p inadequacy oi the value of the prope~y mortgaged or io the sotvency or insotvertcy of said JNORTGAGOR or the defendann, and that such renrs, profits, income, iuves and revenues shall be applied by such Receiver atcording to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptt and fuU fo.m, dixhar e, execute, effed, lete, com 1 with and abide b each arxl eve the sti lations, reements, ~ Y Y P~ 9 ~~mP P Y Y ?Y P~ a9 conditans and covenanrs in sa~d promissory note and this mortgage set fwth. 9. That in the event the ownership of the morigaged premises, or any part thereof, betomes vested in a person olher than the MORTGAGOR, the MORTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such succeuw w successor in i~terest wifh ~eleience 1o fbis mortgage and the debt hereby secured in the same man~e? as with N4ortgsgw withovt in any way vitiating w dischargi~g the Mwtgagors' liability herr ~ under or upon the debt hereby secured. No sale of the premixs hereby mc:t~aged and no fwbearance on the part of the MORTGAGEE or its successws or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORIGAGEE or its suctessors u assigns, aSwll operate ro releax discbarge, modify change a affett the wiginal liabiliry of tFx MORTGAGOR herein, either in whole or in pa~t. 10. It is spec~fically agreed that time is of the essenca of this contrad and that no waiver of any obligation hereunder or of the obl'gaYan se- ~ c~red hereby shall at any time thereafter be hefd to be a waiver of the terms hereoi or of the instrument secwed herby. . 11. In add~tio~ to the fwego:ng monthty payments of priac'pal ead interest ~eq~i~ed by the prom~uory no?e secured he?eby, mwtgagor covenants and agrees to pay to mo»gagee w~th each momhly paymem an add~r'ronal sum estimated by mortgsgee to be equal to 1/12 of the annua) cost of the follow-_ ing: A-A!1 reat property taxes levied or assessed against the above desuibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desvibed premises. C-Premiums on such mortgage guaranty insurante as mortgagee shall from time to time deem fit to carry on the loan secured hereby. ~ Mortgagee sfiatl from time to time notiTy mortgagor in writing of ti~e amount due and payable hereunder and such sum shalt ihereupon be due and ~ Fayable on the due date of 1he nezt monthly payment and each successive month thereafter umil mortgaget shall notify mortgagor of s change in svch amount. Such sums s6all be applied by mortgagee toward ihe paymeM of real property taaes, insu~ante prem:ums, and mwtgage guaranty i ance premiums. IN WITNESS WHEREOf, the said MORTGAGOR has'hereunto set his hand and seal the day ard year first afwesaid_ ~ . ! gned, Sealed an delivc~ in the presence of: iQ i n..~ ~ S7ATE OF FLORIDA ~ r ~ ; ' cour,n oF St . Lucie ~ ~ ~fa~,,,~ a~„~iy a~.~ Maria L. Swift Y~,~b~F ~ ~ ~ ~~?4o me well known and krawn to me to be € the individwl~(described in and who executed tF~e foregoing insfrurt+tnt, and atkrwwledged before me that ~executed the same for the pu?poses ~ therein expreased. DG~[3i~.1L~C ~4Dfe~CdE7rh~C7f~1C~lC ~ ~ X~DiDd~lfrll[J6~106KIlmf3C]f~alOi ~4X~~t~a~i~~e~~e ~'~~i~ i ~DI~C ~CdiaCtl~]6qC]~ai~ir~alCl~f}WC~I~X f WITNE55 my hand sod off'~cial seal this--.T(~ dsy of Ma A, p, lq 73 ~ Notsry Pu !ic i~ a or the ate of Florida at lar~e ' F1~Ep AH~ ~c~ E ~~My Comm~ssan ex 'res: ~ Retum To: S;. [UC~C CO~~~~~~~: ` s ~ Firat Federal Savings 6 Loan Associat"an gG~~~ ~~s ~ ~ CLEF:S C"~~l~T ~6U~i : Of Fort P~erce. R~Cn~i+ VEP.'~1tD.~'s $ Fort P~erce. Floride NOiARY PUBL(C, STA~E ot FLOR(DA st IARGE ~ 1!~ I8 10 ~M'73 0~~.,~s,~~ ~~E~='~~. ~ r , .a;~~~.if*4{'~ti!!fi~ k This Instrument Prepared By RiChdrd K. Kayes t~~~ ~ c • ~y ~ First Federal Savings 8~ Loan Association t. ~ of Fort Pierce , Florida s~; ~~iy ~ ~ `1 ' s ~ , ~ • > . Checked B y~ n~ d j ~ ~ Y;{ ~WK i PAGE ~f~r(J y ~ • r' jf~ ~ ~~a ~ ~ ' , ' ~ ~s~ ; ; ~ ~ ~ v 4,r,: ~ ~ ~ r , ~ Sjn; E . ~ i _ _ _ - - ~r ~ ;a~~ - Y ~ z r~um . ) ~ ~