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Home My WebLink About0988 To plac~ and conti~uovsly kwp on tM buildings ~ow w Iwreaftt~ ~i~wt~ o~ said lu?d ~nd on +11 eq~~pms~t ~~+d p~non~ly covered by this mwtq~ +g~, with ~tl pr~miumi theraon p~~d in fuil, tire insu.ance in the u~ual i~a~da,d pol;cy tam, ln • tum approvtd by tM MORiGAGEE, and winditorm i~iura~?c~ i~ tM vsual ~tandard poticy (wm, in a ium approved by tM MORiG/1GEE, io such company a compa~iK u th~ MORTGAGEE ~uy dinct~ ~nd all fi~~ and wind~~orm i~~~~nc~ poticies a+ any of said twild~nps, ~ny tot~r~~t ~Mrein or pa.t the~eof, in tM ay~,epate ~um ~fw~said or In ~xceu thcreof, shall t~ntain the ~sual stand~rd mortya~k claus~ a iuch o~Mr claus~ ~s tF+~ Ma~yape~ may ~p~~r~. makinp tM lou unde~ sa~d poli~ ciss, each ai+d ~vsry, -p~yable to said MORTGAGEE its int~reu may ~ppea~, snd each and every ~uch policy sF+~ll b~ prompNy asi:yr+ed ~i+d delive~ed to any h~id by iaid MORTGAGEf as f~rther sec~rity to said ma~~gaQe deb~, and, not less tMn ~~n (10) d~yi in sdvanu of tM expiraYron of each po~icy, to dr liwr to Nid MORTGAGEE a renewel tFxreof, topell?K wilh • raceipl fo~ tM premium oi tuch renewal; and thers shall b~ ~o fi~e a winditorm insura~t~ pl~ced on any of said b~itdings, ~ny intere~f Iherein or p~rl fh~teo/, vnless tn ~M torm ud with tiw los~ payable as atats~id; and in ~h~ ev~nt any wm of money becpmes payabl~ ~ndst wth polity or policies said MORTGAGEE shall Mw Ihe optan to roceivs and apply ths same on accovnl of the indebted- neu secured hereby or to pamil said MORTGAGORS to reuivs and us~ it w any pa.t ~hereof for onc~~ purposes, .viihout thereb~ wai~i~~g or ~mpai.- irq any puity, lien or right under oi by vktus of th;s mo:sgage; and in tM event said MORTGAGpRS shall (w any ~eason fail fo keep the said premiias so insured, p~ fail ro deliva~ promptly ~ny of said policies of insurancs to said MORTGAGEE, w fail p?omptly fo p~y fuily any ~remium therefor or in ~ny respett fail to psrfwm, discharge, exec~te, affecf, compiete, comply with end abids by thts covenant, or any perl he~eof, said MORTGAGEE may place and pay fp such insurance o~ any p~rt thereof without waivinp a affectinp ~ny option, lien, eqvity, or right unda a by virtue of thi~ Mat~+~e, ~nd tht full amount of each and every such payment shalt be immediately dw ~nd payable ~nd thall bear Interest irom ths date the~eof uotil paid ~t ths rate ol nine per centum per annum and toge~her witF~ such interest thall be secured by tM 1'~en of this mortg+ge. To permit, eommit or suffer no waste, imp~irmeot or deterioratan of said propavty p any put thcreof. S. To pay all aod sinpulu the coats, ch+rges and expenses, including a ~easonabk attaney's fee and co~ts of abstracts of title, incurred w paid at any time by said MORTGAGEE, because w in the event of the failure on ~he pa?t of tM said MORTGAGOR ~o duty, p~omptly snd fully perform, d7xF~argq exec~te, elfect, complets, comply with and abide by each and every the stipulatans, agreemenq, conditions, ~nd cove~ants oi said promissory note and this mortgage any or ei~her, and sa:d costs. char9es and expenies, each and every, shall be immedi~tely due ~nd p~yable; whether or not there be notKe da mand, attempt ~o cofkct or sutt pe~d~ng; a~d the full amo~:~+t oi exh arxl every s~ch payment ihall bear inte~ett from the date ti+e~eaf until paid at th~ rate of nine per centum per annum; and all wid costt, charges and expenses incurred or paid, toge~her with suth interest, shall be secured by 1M lien of tha mwtp~. 6. That (a) in fhe ewn/ of any breach of this Mortgage or default or~ the part of the MORTGAGOR, or (b) in the evenf my of said swns of moeey ' hcrein referred to be not p~omptly and. fully paid within thirty (30) days ncxt a4ter the ssme uveratty become due +nd payable, without dtmand or notite. or in tM eve~t each and avery the stipvlations, agrecments, conditans and covenants of sa~d promissory note ard th~s mortgage any u either are not iuly, promptly and fully pssfwmed, d~scharged, executed, elfected, comp{eted, complied with and abided Sy, then in either a any such event ths said ag gregste sum mentioned in said promiuory note the~ remai~ing unpaid, with interest accrued, and atl moneys set~retJ hereby, shall betome dw and pay- able forthwith, w thereaher, at the option of said MORIGAGfE, as fully and tomple~ely as if all of the said sums of money were originally st~pulated ro be paid on s~?th day, anything in satd promiu~ry note w i~ this 1Ncrtgage to the comrary notwithstanding; and tl+ereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in eqvity, tlxrefore w thereafte~ beguo, may be prosecuted ii all rnoneys secvred hereby had m~tuted pno? to its irutitution. 7. That in the eve~t that at the beginning of a at any time pendirg any suit upo~ this Mortgsge, or to fwetlose it, or to ~eform it, a to enforce paymeM pf any tlaims hereunder, wid MORTGAGEE shall apply to the Court having jurisdictipn fhereof for the.appointment of s Receivet, such CouR shall forrhwi~h appoint s receiver of sa;d mertgaged property aIl and singular, includ~ng all and sirr~ular the income, protits, issues and revenues from whatever source derived, each and every of whrch, it bei~g expreuly understood, is hereby moatgaged as if apecifically ut fwth and dexribed in tf?s yra~ti~g and habendum clauses hereof, a~d such Receiver shaH have al! the broad and effective funu;ons and powas in any{~v~se entrusted by a Court to a Reteiver, and such appointment sha~l be made by s~rch Court as an admitted eqvity and a rtrtter of absolute rigM to said, MORTGAGEE, and without reference to the adequacy o~ inadequacy of the value of the property mo~tgagcd or to tF?e sorvency o~ i~solventy of said MORTGAGOR w ~he defendants, and that such rents, piofits, income, iuues snd revenues ahall be applied by such Receiver according to tFe lien a eqvity of said MORTGAGEE and the practice of such Court. 8. To duly, promplly and fully perform, d~uharge, execute, eFicct, complete, comply with and abide by each and every the stipuiations, agreements, condiYara and covenants in sa,d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premixs, w any part the~eof, become~ vested ie s penon other fhan ihe MORTGAGOR, the h10RTGAGEE, its suctessws and assigns, may, without notite to the MORiGAOR, deal with such suctessor or wccessor in interest with reference fo this mortgsge and f`he debl hereby secured in the same manner as with Mwtgagw without in any way vitiating o? dixharging the Mortgagoa' lisbility here- under a upon the debt hereby secured. No wte of the Rremixs hereby mortgsged and no fwbearsnce on the part of tM MORTGAGEE w iri s~ccesson or assigns and no extension of the time for the paymem of the debt hereby secured given by the MORTGAGEE or its successors a ass;gns, sh~l) operate ro release, d~scharge, modify change w affect the original liability of the MORTGAGOR F~ein, either in whole w in part. 10. It ia specifically agreed thal time is of the essence of this contrad and that no waiver of sny obligatwn hereunder or of the obtigation st cvred hereby shall at a~y time thereafter be held to be a waiver of the terms F~ereof q? of the instrwnent secured herby. 11. In add~tion to the forego:ng monthty payments of princ'pal and interesf required by the promissory note secured he~eby, mortgagor tovenanta and agrees to pay to mortgagee w~th~each monthly payment an addi~ional sum estimated by mortgagee to kx equal to 1/12 of the annual cost of the follow- in~: A-Atl real praperty taxrs levied w assessed agai~st the above described real estate. B-Premiums on fire and wirtdstorm insurance as he~e;n requ;red fo be carried on the improvemenri situate on the above destribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall f~om time to time deem fit to tarry on the loan secured hereby. Mortgagee sha(I from time to time notify mo?tgagor in writi~g of the amouM due and payabk hereunder and such sum shall thereupon be dve and payable on the due date of the next monthty payment and each successive month thereaf~er ur,fi! mortgager shall notify mortgagw of a change in such amount. Such sums sF.all be appiied by mortgagee towa:d the payment of real property taxes, insurante prem:ums, and mwtgage guaranty insurance premiurtts. IN WITNESS YlHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day snd ear first afwesaid. Signed. Seakd and delivered in the prexnce of: ~ ~ • (SeaQ ~ Z- ~ Robert L. Farner ,n . a Rara r ~ i - STATE Of FLORIOA . COUNTY OF St~ Ll1C1@ ~ 3~- 1 f 8efore me personally appeared Robert L~ FaZIIEZ a~ G Juanita I.• FBY~Z his wife, to me well known and known to me to be the individuals described in snd who executed the fw ang instrurn~nt, and acknowledged before me. that they executed the same for the pur~wses f rherein expressed, And the said J~nita I.• ~cIYA@Z ' wife of the said R~~rt T.. F8Z~e2' vpon a sepxate and privat~ ! exam~natwn by me taken separate a~d apart from her said husband, acknowledged to and before me thst she executed said instrument f~eely snd volurr ` rarily and without any compulsion, constraint, apprehensio , or fesr of or from, ber said sband, ~ WITNE55 my hand and official seal thi ~ day o May A. D. 19 73 ~ C ~ ;7 ~ ~ ~ ~~~=L ~ , Notary Public in and tor the State of florida at LarQe My Commission expires: Return To: , , - ' Fint Federsl $avings ~ toan Association r-. ^ ~y ~ i Of Fort P~erce. /L ~ fort Pierce. Florida ~Y~ NOTARY PUBIIC.STATE of RORIDA tt lAR6E .`'t• ~ti1'':,•:;,~~~: ~ • MY C6M!?:ISS1:r,~~ E\PIRES JAN. 7. 197~ . ~~L ~ f~ '~i, t:.,:uliw : j .:a.r~s6n biciAefs (ntYnl~q CO.~ ',vP ~'i,. ; - . ; • ¢ ~ ~ - h~' ~ 6 S ; This Instrument Prepared 8y Johtf W. Collins F1LE~ ~MC' 4Et~~iDE!' = Q: +`P ~r ~ A ; First Federal Savings 8~ Loan Association ST,ItlC'~ LG::~ fLA. : ~ o _ r • of Fort Pierce ~ Flotida R~~~r??~3?TRAS ~ s~;~ d~,~, :~r ; CLERrc vUtT CCURT % ; _ ~r- ; ' • RfCOR~ !f='%!EC . Q ~ = y,, • . - ~ Chetked BY ~i JT ~,•~f,: ' M~t 11 9 Zo aH'13 9%~ Y;,~ E '~~~~~;K~+N'` aoox 214 P.~~F 98? . : ~ ~ ~s ~ f .5 . ~ . ~F~, y _ . ~ _ ` ' - ~ ~~~.~ig ~e~ ~