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Home My WebLink About1211 To pl~c~ and continuo~sly keep on the b~rild~nps now w her~aftH ut~•at~ o~ ~a~d 4nd ~nd on ~II cquipment ~nd per~orully cove~ed by this mort~ p~, with ~11 pr~miweq thereon paid i~ fu~l, fire insurancs in Ih~ utus) stardard po?ity lwm, {n a sum ?ppror~d by Ihe MORTGAGEE, and wind~torm . ins~r~nct ie tM vsu~i standa~d pol;q (am, in a ~um approvtd by tM MORTGAGEE, i~ sucA tompany w compan3a a~ tM Mt7RTGAGEE may dinctJ ~e~d ~II tin and w~nJstorm i~~uranu policies on a~y of iaid build~np~, ~ny (nt*rest therein or p~~t thereof, i~ th~ ayp.e9ate sum ~(aesaid w in t~cc+eu therwf, :hall conrain tM usual atandard mortpape~ clavse w such o~F+H cl~us~ u th~ Matyag~e may rpuu~, makinp tM Iou unde+ ~a~d poli~ ciss, each and every, payabt~ to said MORTGAGEE as it~ inte~e~t m~y ~ppear, and each ~nd evory tuch policy shall be prompfly au.yntd ~nd detivered ro ~ny held by said MORTGAGEE further secv~ity to uid~mortgays debt, ~nd, not lesa ~han 1en (101 days in advance ot tM expiration of esch po1'Ky, to de- liv~r to seid MORTGAvEE • ra~ew~l thereof, topNhtr with a reteipt !o? the premium of suth ~enewal; and ther~ ihall b~ no fire or windstwm insura~+t~ plsted on ~ny of s~id buildings, any i~taest tl~e~sin or p~rt thsreof, unleu in tM fam and wi~h rht loss payable at •fw~ssid; and tn ths event any sum of monty becom,ea payabls under such policy or policiss uid MORTGAGEE ~hall have tF~e option to receiva and apply the same on accovnt of 1he indeb~ed- ness tecur~d hereby o~ W permit said MORTGAGORS to rtceive and use it w any part the~eof to~ othe? purposes, wiihout Ih~reb~ waivi~~g or ~«~pair- ing any eqvity, lien w ri9h1 undtr or by virtve of thi~ morrga9e; snd 1n ths even~ sa~d 1NORTGAGORS shall fw any reaso~ f~il to keep ths said premises so insured, pr fail fo deliver promptly ~ny of said polici~s of insurancs fo said MORTGAGEE, a f~il promptly to pay fvlly any pre~nium tfurefw w in any respett fail fo perfam, d~stharge, execure, tffecf, comptete, comply with and ~b~de by this covenant, o~ a~y part hereof, said MORTGAGEE may place and paY fw such insurance or any part thereof wi~Aout waiving ot ~ifeding any opt~w~, lien, equity. o~ righ~ under w by vi~tw of this M«tgage. and the full amouM of each and eve~y such payment sMll be immediately dw and payable and shall be+~ interest from the date ihereof untit paid at the ratt ol nine ps~ cent~m pe~ annum and to~ether with such interest shall be secured by ths lien of this matpage. I. To pe~mit, commet w suffer no waste, impairment a deterioration of ~aid property w any paN thereof. ~ 5. To pay ~li e~d sinyulu the costs, charges and expenies, includinp a reasonable attaney's fee an~ costs of abstracts of tiHe, incurred or paid at any time by said MORTGAGEE, bccauu w in the event of the failure o~ the part of the said MORTGAGOR to duty, promptty and fully pe~(orm, d+uharge execute, e(fect, complete, comply w;th and ab:de by each ~nd every Ihe stipulations, sgreemeots, coaditions, and covenanb of wid promissory note and this mwtgage any or either, and sa~d cosh, cMrges and expenses, each and every, shall be immediately due and payable; whether q not the~e be notice de~ mand, attempl to coltect w suit pend~ng; s~d the fvll amount oF each art~ every suth payment shall bear imeresl from the date thereof uroil paid at the raro of nine per centum per an~ium; and all said cosq, charges and expe~scs incvrred or paid, togNher wilh suth imercit, fhall be secured by the lien of thi~ mort~age. . 6. Thst (a) in tl~e event of any breach of this Ntwtgage or defaull on tM part of the MpRTGAGpR, o? (b) in 1he event ~ny of said s~ms of money herein referred to be not p~omptly and f~lly paid within thirty (30) days next after the same uverally become due snd payable, without demand o~ nolice, or in the event each and every the stip~lations, agreements, conditions and covenants o( sa~d p?omiuo~y note and th~s mortgage any or e+ther are nof ~uly, prompNy and fully pe~loamed, d~xharged, executed, ei(ected, completed, complied with and abided by, then in eithrr or sny auch event ths said ag gregate sum mentioned in said promiuory note then remaining unpaid, with intcrest acuued, and all mo~eys utured 1+ereby, shall becom~ due and pay- able fwthwith, o? thereafter, at the option of said MORTGAGff, as fulty and completely as ii all of the said sums of money were aiginstly stipulated to be paid on suth day, anything in said promissory note o~ in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice oa demand, suit at law or in equity, therefore w thereaher begun, may be prosecuttd ea if aN money~ setwed hereby had matured priw to its instifution. 7. That in the event that at the begin~ing of or at any tirrK pending any suit ~pon this Mortgage, w to fweclose it, or to refam it, o~ to enforce payment of sny tlaims he~eunder, said MORTGAGEE ihall apply to tbe Court having jurisdiction Iherrof fw the appointment of a Receiver, such Court shall farrhwirh eppoinf a receiver of said mortgaged property all and singvlar, includ:ng a11 and singular the income, profits, issurs and revenves from whatever :ou~ce derived, each and every of which, i~ being expressly unders?ood, is hereby mortgaged a1!-N specifically set fath and dewibed in the graming and habendum clauses hereof, and such Receive? shalt have alt the broad and effective funct~ons and powera 1n•anywise entrusted by a Court to a Receiver, and :~ch appointment shall be made by such Cou~t as an admitted equity and a malter oi absoluee r'~ght_to:taid MORTGAGEE, end without re[ere~ce to the adequaty w inadequaty of the value of the prope~ry mortgagecl w to the sotventy or insolvency of said MOR7GAGOR p the dtfer~dants, artd that such renrs, ptofits, income. iuves and rtvenues shall be applied by such Receivcr according to the lien a equity of iaid N10RTGAGEE and the practice of such . CouA. 8. To duly. promptly and fully perfam, discharge, execule, efied, complete, comply with and abide by each snd eve?y the stipufations, agreements, conditioro and covenants in u~d promissory note and this matgaqe xt forlh 9. That in the event the owr.enhip of tF~e mortgaged premises, o? any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, iti succeuors and au~gns, may, wiihout notice to the MORIGAOR, deal with such succeuw or successor in interest with reference to this mortgsge and the debt hereby secured in the same man~er as with Mortgagor without in any way vitiating a discharging the Nbrtgagors' liability here~ under w upon the debt hereby secured. No sale of t~e Fremises hereby mortgaged and ~o fwbearance on Ihe part of the MORTGAGEE or its successors or auigns and no extension_ of the time for tF~e peyment of the debt hereby secured given by the MORTGAGEE o? its sutcessors or assigns, sha!! operate ro ?elease, d~scharge, modify change or affetl the wiginal lia6il~ty of the MORTGAGpR herein, eithcr in wFwle u in part. 10. It is specifically agreed that time is of the essence of this contract and that no wsiver of any obligation hereunder or of the obligatan sc cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the ins1rument secured herby. 11. In addition to the fwego:ng monthly peyments of princ"pal and interest required by the promissory nore secured hereby, mortgagor covenanfs and agrees to pay to mortgagee with each momhly pay.nent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property laxes levied w assessed agai~st the above described real estate. B-Premiums on fire and winds~orm insurar.ce as herein requ~red to Fse carried o~ the improvements situste on the above destribed premises. C-Premiums on such mwtgage guaranty ir.surance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shall fram time to time ~orify mortgagor in writi~g of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive month tl~ereafrer urtil mortgagee shall notify mortgago~ of a change in sucF~ amount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaraoty insurance p~emiums. , IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his fwnd ared seal the day a~d ye ~first afwesaid. S+gned, Sealed and delivered in the presence of: ~ ' ~fah The aa L. Dixon, a s gl ~n adult r~aq ~Seaq - STATE OF FLORIDA ~ St. Lu~ie ~ courtnr oF Beiore me pe~sonalty appeared Thelaa I.. D~X021 -1Uioirlf~ to me weil known and known to me to be i the individual~ described in and who executed the foregang instrument, and atknow{edget! befwe me that ~he~ exetuted the same for the purposes therein expressed. I1wd-tws-s~W ~ 4A(~vf~Mcsald-------------------------~-~-~---~-----------------------l-roponvsrp~me-snd-pt~at~ rnew~e+si~sT b~r ~~skew sene+atr ene~aperr frvm- I~e' ~a1d-htnliandt s~knewledyed~ 14-sr+d~ b~lellls'AIE fAs~'~hl~'eft~lotN'sald'fmtrmdlnt rttEet~ ~tR! ~eflqMi ,-_:1y.awd.wil}ww~wlr.~o~w~dsiow,.~~sMairM~'a'pr~~x" ~~-ieM~ie+?frenrl+er ' w~d.- . • .~t• : WITN[SS my hsnd and officia. seal thi~ da of ~Q' 1 / .i~_ 3, Y R ~,~'_.si'~~, ~ ~ y : , ,c~A/~~•. : . , tary Pub(it in and fw the State of Flqidi;artar~ f;'.. Retum To: MY ~m~ussion expires: ~t ~ ~ p . ~ - First Federal Savings a loan Association Q ~ Of Fort Pierce. 1~ : ' ~ Fort P;erce, Florida NOTARY PUBLfC, STATE ot iIO R I D A a t U IR CE . 1~1Y G4i~i'+415SION EXVIP.ES IAN. 7. 191f, 'r,':~"'~'~~ .•'R,~'• - ' ler.3tG t?i ::~~n:an C:a?e~s Iniu:anct C0.. / • .r ~ . . f ~~~t , ~ This Instrument Prepared By Gary F. E11~?ood ~ First Federal Savings & Loan Association ST~~UC!E C OUF~O~ FlA. b~ of Fort,Pierce Florid$ RpC~ti '~~TRAS ~,p ' CIEnK C,'~U?? COURt i~s;/'1~ 6 ehecked By~"A- pE~oan v:.~',ftf~J...~--~' r ~ R Mnr 2Z 10 z3 AM'Z 3 50~~ 214 ~~20 ~ Sb ; _ - ~.~`~.-,.a,~X~.=~_~... ~ ~x~ _~_y,~>_ . - - - - - h { ~ ~ ~