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Home My WebLink About1217 ~ 3. To plx~ u?d continuously keep on the buitdingi now w h~raaitK NtwN on said I~d u~d on all equ~pmenr u+d pe.w~?~Ily co~aed by ~Ns m«~~ ay~, with ~II prem~ums 1he.eo~ pa~d ~n fvll. i~ro insuru+ce ir~ tM u~wl standud po~~cy torm, in a wrn approred by th~ JIAORTGAGEE, and wirwlstam inwr~nc~ in ~M ~nwl tand~rd polKy (wm, ih a wm approv~d by ~M N10RiG/1GEE, i~ such comp~ny w canpa~ies a ~1v MORTGAGEE may d'a~ctt M+d all iir~ ~nd windsarm inwranu poticies on a~y of Nid bYildi~f, ~Ily illtt~N1 thl~lirf q pirl fF?l~p1, in tlx syg~eya~~ w~n afaes~id w In ~xt~ss thereof, shall contain th~ uwal standud ma~qayN clavs~ a wch other clauw p tht Malya~et may ~eq~u~, makinp tM lou urda sa~d poli~ ci~s, each and ~y. p~Yabl~ a s~id MORTGAGEE ~s iti i~~erest m~y appep. and each and every ~uch policy shall b~ promptly ass:yned u+d delivered ~o ~ny hstd by said MORTGAGEE n turthsr ucurity to said mort~a,~e d~bt, and, ~ot les~ than tM (10) days in +dvanc~ 01 ~hs sYpira~ion of each polity. to dr tirrN b said NWRTGAGfE a~enewal thaeoi, topethsr with ~ receipt for 1M pr~miwn of ~uch r~new~l; and ~ha~ shall be r+o f:re or wi~ds~wm inwr~nce pl~d on a~y of saW b~ildings. any interest ther~in or p~n theroof, wnless in tM fam and with IM loai payable as atatsaid: and in th~ eveM a~y swn of nwn~y becomes payabte uncler such policy or policies said MORiGAGfE shall haw the optan ro reuiv: snd spply the sNne a? sttount o( tM irdebted- ~eu tecured hereby w b permit said MpRTGAGORS ro rKeive and us~ it p any pa~1 thereof fq othe? purposes, without tha•eb~ waivi~.g o~ ~mpair- iny any equ~ty, lien or riqht unde~ or by virtw of ~his mortq~q~; ~nd in tM ~vent ~a~d MORTGAGORS shalt fa any reason fail ro keep the said premiies so insured, or fai) b delive~ promptly ~ny of ssid policies of iiuw~nte to s~id MORTGAGEE, a fail promptly to pay #ully anp premium therefw a in ~ny rospecf fail w psrfam, diuhuge, execute, effect, compkte, comply with u~d abid~ by this cove~ant, o~ ~ny part hereof, said MORTGAGEE may pl~ca and - paY fa sucl? ir~swance a sny part thcreof w~thout waivirg a affectirp se~y opt;cr, lien, eq~~ty, a right under a by virtw of this Mat9s~e, and the full ~rnwnt of each and every s~ch payment sMll be irr~rn~diately dw a~d p~yable and sl+all bea? intereit from 1M da~s thereoi u~til paid at ths ~at~ of . n~ne. per tentvm pa annum and togelhe~ with such i~feres~ sha11 be secured by the lien of tius marpsge. - ~i. To permit, oornroit or suffe~ no wa~te. impairment w deteriuafion of said property o~ any pa?t thaeoi. . 5. To psy atl and sirgufar the costs, charges and expenses, includinp a reason~bls ananey't fee s~d costs of abstrxts of titla, incuned or psid st any time by ssid, MORTGAGEE, becsuse or in the event of the failure oo the part of ~he said MORTGAGOR 1o duly, promptly arid fully perfwm, dixharg4 execure, effect, complNe. comply w~th and ab:de by each and every the stiputat~au, sgreeme~fs, conditipp; and oownants of said promissory note and tha mortg~ge ~ny w ei~her, and said costs, cMrges and eapenxs, each and every. shall be immediately due snd payable: wheehe? w not there be notice d~ mand, ~nempt to colkct or suit pending; and ths full amount of each and rro?y s~ch payment shatl bea• imarest i~om ~he daro rhareof unti! paid at fhe rare of ni~e per centum per an~rvm; and all sa;d tosrs, charges and expenses inc~rred o~ p~id, logether wrth wch interest, shall be secured by the lien of thw mort~~e. Q That (s) in the event of any breach of this Mortgsge w default on the part of the MORTGAGOR, a(b) in the eve~t a~y ofi sa;d sums of money herein referred to be not promptty and fully paid withen thi~ty (30) days next after !he same severatly become due snd payable, wi~hout demand or notice, or in the ewM each and every fhe stipulatio~?s, agreements, condit~o~s and cove~anes of sa~d promissory note and th~s mort~age any p eifher a?e not iuly, prompHy and fully perfwmed, d~scharged, executed, effected, compkted, complied witA and abided 'ay, then in either o~ iny such event the taid gregats wm msntioned in said promiuory note thtn remaining unpaid, w;th interesl acuued, and all moneys secured haeby, shall b xome d~e snd p~y- abte forthwitA, w thereafta, at the option of said MORTGAGEE, ai fvlly ard comple•ely as if all of tFK-said wms of ma~ey were originelty st~pvlated to be patd on such day, anything in sa+d prom;ssory note w in this Mortgsge to the contrary notwithstandi~g; and thereupon or thereaftet a~ the opuon of said MORTGAGEE, without notite or demand, suit at law w in equity, th~vefwe or thereafter begun, may be prosetvted as if all mwroys secured hereby had matured prwr to its imtitutfo~. 7. That in the eve~t that af the beginn;ng of or at any time pending a~y s~if upon tha AAort9age, a to foreclose it, a fo ro(orm it, a to enfwce paymcnt of sny claims hcrevnder, said MORTGAGEE shall apply to the Court having jurisdictiw~ the~eof for the ~ppointment of s Receiver, svch Court shaH forthwith appoint s receiver of said mor~gaged prop~~ty atl and singular, ieclud~ng ati and singvlx the income, proiits, istuea and revtnues from whateve~ source derived, cach and`every of which, it being expressly understood, ii F+ereby matgaged as if specifically set forth and deWibed~in the ~r~nting and habeodum cla~ses hereof, snd such Rcceiver shall have all the broad and efiecrive funct~ons and powers in anywix ent~~sted by s Court to s Rcceive?, and :uch appointmenr thall be made by wch Court u an admitted equity and a matter of absolute rght to ssid N10RTGAGEE, ~nd wi~hout refercnce to the adeqvacy w inadeqvacy of the vatue of the property mortgaged or to the sorvency a~nsolvency of ssid MORTGAGOR or the defendann, and that such rents, profits, income, issues and revenues shall be applied by such Receiver accwd~ng to the lien or squity of wid MORTGAGEE and the prsctice of such GouA. 8. To duly, promptly and fully pe~form, diuharge, execute, effecf, complete, oomply with ind abide by each and every the stipulatiau, agrecments, conditions and coven~nts in sa~d promisswy note and this mortgage set fath_ 9. That in th: evenl the ow~rship of the mortgaged premises, w any part thereof, becorr~es veated in s per~on other than the MORTGAGpR; the MORTvAGEE, its successors a~d auigns, msy, wi~hovt notice to the MORiGAOR, deal with such successor w successor in interest with refere~ce to this mortgage and the debt hereby secured in the same rt?anner is with Mortgagw w~thout in any way vitiating p dixharging the Mortgagors' liabiliry herr under or upon the debt hc~eby secured. No sale of the premixs hereby mortgsged and no forbearance on the pan of tbe MORTGAGEE o? its successors o~ a:sig~x and no extension of the tirrK fo+ fhe payment of the debt hereby secured given by the MORTGAGEE w its succeuors or auigns, shall operete ?o release, discharge, modify change w affect the orginai liab~t~ty of the MORTGAGOR hereiry either in whole a in psrt. 10. It is specifically agreed that time ia of the ess~nce of thes contiact and lhat no wsiver of ~ny obligation here~nder or of the obligation se- c~red hereby shall at any time thereatter be held to be a wairer of the terms hcreof or of the irntrument setured herby. 11_ In add~tion to the forego:ng mo~thty payments of prin~pal and interest reqvired by the promissory nore secured hereby, mortgago? covenants and agrees to pay to mo:tgagee vvith each monthly payment an addirional sum estimated by mwtgagee fo be equal to 1/12 of the annual cost of the follow- ing: . A-Alf ~eat property taYes kvied w assessed against the above described real estate. B-Premiums on fire and wi~dstorm insurarce as here~n requ~red to 6e carr~ed o~ the improvemeots situate on the above described premises_ ' C-Premiums on such mortgage guaranty insurarce as mortgagee shalt from t:me to time deem fit to carry on the loan setured hereby. Mortgagee shall from time to time rwtify mortgagor in writing of the amount due and paysble hereunder and wth som ahall thereupon be due and payable on the due date of the next monthly payment and each successive mo~th thereafter urtil mortgagee shall notify mortgagor of a change in wch amounf. Such sums sF.ail be applied by mortgagee toward the paymeM of rea) propeny taxes, insurance prert::ums, and mortgage guaranty insurarxe premiums. IN YIITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day a car fint aforesaid. Signed. Se J and l~red in the preserxe of: n ~ J es F. O~Toole q , s~n Mar n O~Toole ~ STATE OF fLORiDA ~ ~ COUNTY OF - St_ I_(lC~ p 1 ~ ~ Befwe me petsonally appeared 7 moS G'.~j t T~ClO and ! Ma~r Ann O~ Tnol o i y his wife, to me well known snd knawn to me to be i the individuats described in and who exec~ted the foregoing instturt~ent, and eclcrwwledged befwe me that they e:ecvted the same for the purptxes ~ therein expressed, And the sa~d Marv ~nn n ~ TOA j,e i wife of the wid i moC i~. t Tn(1~ ~ upo~ s sepsrate and private examinatan by me taken separate and apart from her said husband, +du~oMrledged to and before me that she exetuted said 'enstrument freely and volun- ~ rarily and withouf any compulsion, constraint, apprehension,,,yr fear of or from her said 1~usb~nd, ~ WITNESS my hand and official seal thi: ~y of A. D. 19~3. ? ~ Nwary P 7c in snd for the ate of Florida at la~r e Return To: MY 'u~ exp~r~s: ~ ~97 J ~ First Federal Savings d. loan Associat~on ! - . Of Fort Pier~e. Fort Pierce. Florida ' :1.,:~~~~~~r' ; . ~ ' i~~'co ~KC~ ~s.co~~~o _ ~ _ ~ , ; .~uciE cOUNTr f A. . rt _ : n~?~w5 . s = _ ~GGi:` r -f - ~ ciERR c~~ ;U~~ COURT This instrument Pre ared B J. H ~ F«^~~ ~ P Y • Roberts, Jr. A_ - - ::s ' First Federal Savings & Loan Association . . , ~ ~ • 7 of Fort Pierce, Rlorida t~ ~ p~r Z3 ~N ~f ~ + 'V.Y:~,~~ ct ' Checked By 1~.. "~.,:,~;'n,,;,; ; . s~;:,;.,,~;~ 255039 •'''~,.~n~~t~.~; _ ~aUK 214 NA~E 1216 . ~ ~w~n~ - _ : . ~ d _ . ~ _ ~ . _ - _