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Home My WebLink About2013 3. To plac~ and continuouily keep on the build~ngs now or Mr~aftK ~~tuat~ on sa~d land and on all cquipmen~ and pasan~lly cov~red by ~hi~ mortq- p~, with all pr~mi~mi therew? pa~d in fuli, fire iniurance in Ihe usuat itandard policy form. 3n ••um ipprored by the MORTGAGEE, +nd wind~~am ~ Inwranc~ in th~ ~tual ~~andard poliq fwm, in • ~um •pproved by ths MpRTGACaEE, in tvch tomp+~y w comp+~ies at tM MORTGAGEE may ' dir~ct~ u~d all tir~ ~nd windstorm iniura~c~ policies on ~ny of said buiWin~t, any iM~rq1 therein u part tMreof. in tM ayy.e9ate ivm si«eHtd w in ~xcess ~I~ereof, thaU contain ehe uswl standud mo+tpaps~ cl~use w such othN claus~ tM MortyagN may requ~re, ma?inp the toss unda ~a~d polf , cies, each a~d evNy, p~yabl~ to s+id MORTGAGEE ~t ~ta in~ereit may ~ppear, and each ~nd ~ve?y suth policy shall b~ promptly ~iigned and detive~ed ro +ny held by said MORfGAGEE as further ucurity /o aid mortg~yt debt, ar?d, no1 !eu lhan ten (10) days in adwnce of the expi~ation o1 e~ch poliq, to dr ' liw? fo s~id MORTGAGEE ~ r~newal thereof, togelhH with a reteipt iw the ptemium oi suth renewalt and thers ihall be ~o fire or windstorm insur~nce t p~~ced on any of said buildingi, ~ny interest therein o? part tMreof, vnteu in the form and with tM lou payabte as afo~ewidJ and in iM ewn~ ~ny sum . 3 of rtwrky becpmes payible unda iuch pality w policies said MORTGAGEE ~hall have ths option to ~eceive and apply the tame on accounl oi the indebted- ~eu secu~ed hereby o~ ro permit said MORTGAGORS ro ~ecaivs and uts it q any part thereof for olher purposrs, wi~hou~ th:reb~ waiving w ~mpa7r- ~ t ~~+y +~y eqviry, iian q righl unde~ or by virtue of fhis mortyagt; arid in the tvent said MORTGAGORS shall iw any reason fail to keep ths said premise~ so inaured, o~ f~il ro deliver promptly ~ny of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium therefw a in ~ny - .e reapect fait to perfam, dixharge, executs, effecl, complete, comply with ~nd abida by this mvenant, w any part hereof, said MORTGACsEE may pl~te and ' pay fw such insurance w+ny_part thereof without waiviny w affecting any option, lien, equity, w ri9h1 under or by virtue of this Mortgsge, snd the ~ full amaunt of each ~nd every such payment ihall be immediately due and payable ~nd shall bear interesl from ~hs date Ihcreof unril paid at the rate of ninp p!I CMtum pet annum and !o~ether wifh tuth ente~est shalf be secured by the lien of this mortgsge, ~ 1. To pe~mit, commit or sutfer no waste, Impairment w deterioration of said property w any part thereof. S. To pay all and• singulu the costs, charges a~d expenies, including a reasonable attwney i fee and costs of abstrad: of tiNe, incurred w paid at eny time by said MORTGAGEE, betause w in the event oi tF?e failure on the pa?t of the ssid MORTGAGOR Io duly, promptly and fully pe~Io~m, d~xhsrge. ~ ezecuts, effett, compkte, comply with and ab:de by eDCh and every the stipulat~ons, agreements, conditiont, and covenants oi said promissory' note and this ' mortgags any w eitha, and said costs, chsrges and expenses, each end eve~y, shstl be immediately due and payable; whether a not there be notice do- ~ mand, attempt to coltect or wit pending; a~xt the fult amount of each and everyr svch payment shall bear interesf from the date fhereof until paid at Ihe ~afe of nine per centum per annum; and all said costs, charges and expenses incurred or paid, togelher w~th aucA interest, shatl be aecured by the lien of this mortpage. 6. 7hat (a) in the event of any breach of thii N{ortgage or default on the part of the MORTGAGOR; a(b) in the event any of sstd sums of money herein referred to be ~ot promptly and fully psid within thirty (30) days next after the seme severally become due and payable, without demand w notice, or (c) in tF~e event each and every the stipulations, agreements, conditions snd covenants of sa~d promiuory note a~d th~s mortgsye any or eitF~e? a?e not iufy, promptly and fully pe?fwmed, d;xharged, execuled, effected, completed, complied w~th and abided by, then in either or any such event the ssid ag . gregate sum me~taned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay- able fathwith, w thereafter, at the oprion oi said MOR7GAGfE, as fvlty and completely as i! all of the said wms of mo~ey were originally st~pulated to be pnid on such day, anything in sa;d promissory note or in this Matgage to the convary notwifhstanding; and thereupon a thereafter st the option of said MORTGAGEE, without notice w demand, suit at law or in equity, thereiwe ot tt+ereaiter begun, may be prasec~ted as if all moneys setvred hereby had matvicd pnot fo its in3)iWtion. 7. That in ths event that at the beginning of or at any time pending any suit upon this Mortgsge, w to foreclose it, w to refwm it, or to enfwce payrtxel of any tlaims hereunder, said MORTGAGEE shall apply to tfie Court having jurisdictiot~ thereof fo~ fhe appointment of e Receiver, such Court shall Forehwith appoint a aKeive~ of said mortgaged properiy all and sing~lar, includmg all and singular the income, profits, isaues and revenues from whatever source derived, eath and every of whith, it bei~g expressly understood, is hereby mortgsged as if spetifically aet fath and dewibed in tfk granting and habendum clauses hereof. and such Receiver shaU have all the broad and effecrive funct~orts and powtrs in anywise entrusted by a Couri to a Receiver, and such appointment shall be made by such Court as ao admined equity and a matter of absolu~e rght to said MORTGAGEE, and without re(erence to the adeqvacy a inadequacy of the value of the property mortgayed or to the sowency or insolvency of sa~d MORTGAGOR or rhe defendann, and ?hat such renes, profPts, incamq iuues and revenues sF~alt be applied by such Receiver accwding to the lien or equity of said MORiGAGEE and the practice of such CouA. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply wi~h and abide by each and every the stipulations, agreemeots, i conditans and covenants in said promissory ewte and tF~is mortgage set fwth. 9. T!?at in the event the ownership of tFx mortgaged premises, a any part thereof, becomes vested in a peison other than the MORTGAGOR, 1he MORTGAGEE, in successws and ass~gns, may, w~thout notice to'the MORiGAOR, deal with such successor or successor in i~terest wi~h reference to this mortgage and the debl hereby secured in the same manner as with Mortgagw without in any way vitiating a diuharging the Mwtgagors' liability hcrr under or upon the debt hereby secured. No sale of the Fremises hereby moAgaged and no forbearar+ce on Ihe part oi the MORiGAGEE ot its sutcesson or assigns and no extension of the t~me for the payment of the debt hereby secured given by Ihe MORTGAGEE or its successors or auigns, aha0 operate ro release, dixharge, modify change or affect Ihe original liability of the MC?RTGAGpR herei~, either in whole or i~ part. 10. It is specifically agreed that time is of the essence of this contrad and that no waiver of any obligation herevnder w of the obligaYan sr cured hereby shali at any time thereaftm be held to be a waiver of the terms hereof w of tfx instrument secured herby. 11. In addition to the fwEgo'ng monthly payments of princ"pal a~d interest req~ired by the promissory rtore secured hereby, morigagor tovenants and agreea to pay to mortgagee M,iih each momhfy payment an addirional sum estimated by mortgagee fo 6e equal to 1/12 of the annuat cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above desaibed real estate. B-Premiums on fire and windztorm insurar.ce as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from time to time deem fit to carry on the ioa~ secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable here~nder and such sum shall thereupon be due and payable on the due date of the next monthty payment ard each successive monfh thereafter u~ti! matgagee shall notify mortgagor of a change in such amount. 5uch sums sFall be applied by mortgagee toward the payme~t of real propeny taxes, insurance prem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day year ' afwe Signed, Se~led and deliv ed in the esence of: aq W 12 . MC aj? a~ n Serena M. Mc y - ~~i~ - STATE OF fIORIDA St. Luc ie r COUMTY OF ~ ' ' .~''~'j-~ •i . ! Befae me penonally appeared ti1111118~ .J. 1HC~Y - ' • : Y, ~ . Serena M. McKsy • - ° his wife, to me weli knovim a~,~ `y rt~ 4~ ~p _ i the individuats desuibed in and who executed the foregoing instrument, and acknowledged before me that they execute~ aiedme,ti or~t(~e pui~icfR i thercin expressed. And the said- $ere~ld M. ~?~CKaY . ~ ' ~ " ? wife o4 the said Willl~ .1. McKay = ' ~i v,seQara~s•'spd~p~ate examinaYwn by me taken separate and apart from her said husband, atknowledged to and befwe me that she exetuted said~sr l y r n 4~~ Y V ~VfF rarily and witFwut an y com pul:ion, const~aint, a ppr e h en s i o n, w f e a r o f o r f r o m h e r s a id huaband. ~i~~~~ ~ n WITNESS my hand and official seal this day of~L ~~1B IC STAT~' AF R7 f1D~R~r ri~'.:.~~~~p, -.~q 73 Mr coMMisstoN oc~t~s ~r • - rctuFRAI. INSI!RANCE UN~IERY/RITE~'RS119N~~~~ Notary Public io snd for the State of florida at larye M Commiu'an expites: Retum To: ~ ~ • First Feder~l Savings ~ ~oan Association ~w~ Of For~ P;e.ce. Fort Pierce, Florida fiuEO ~,~s ~-~::.:ROFa ft LUCtf rvUNtY Fu, ~ y John W. Collins RL'`Y `~'~~~~5 This Instrument Pre red B CiERx ~~;;T ~GURT First Federal Savings 8~ Loan Association ~FC?P.R ,:~:r,.;z~`~~ of Fort Pierce ~ Florida N~r 30 9 sa ~ ~r3 ! Checked By ~ ~ ao~x214 ~ ~2~~ sb ~2012 r~~., : : : - - - - - - - ~ r~=r~t _ c."` _ ~K~ ,.r - ~~~~~s~~~~~~`-.:~~ , _ Y~.,