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Home My WebLink About2017 To pl~c~ ar~d cominuouily keep on the bui}d~ngi now w Mre~ft~r ~~~wt~ on ia~d land and on all equ~pment ~nd pe~ion~lly covered by thi~ mat~ ~p~, with ail ptemiums lhereon p~id in full, fire insuronce in Ihe uswl standard potity fotm, in • tum app~ored by Ihe MORTGAGEE, ~nd wi~dstwm ~ insuru+c~ in ~M uswl a~ndard polKy iam, in a sum approved by ~ht MORTGAGEE, i~ a+ch tompany w tompaniea as ~M MORTGAGEE may diractt ~nd all fir~ and winditwm inturance policies a? ~ny of isid build~rqs. ~ny inM~ts~ tht~ei~ w pa~t thereo/, ~n tlw apqre9ate avm alwefaid w tn txc~st Ihereof, shatl con~ain tM usw! standard matgsQ~e clius~ w such o~ha clavss ai tM lNor~y~yee may req~~r~. makinp ths lou unda~ ~a~d poli~ cies, each and ~vKy, payabk to said MORTGAGEE as its int~reil may ~ppear, ~nd each u+d tve?y such policy sh~ll bs p?omplly ass.yncd and delivered to •ny held by s~id NIORTGAGEE +s fur~he~ setvrify to said mwt9s9~ debt, and, rwt less than ten (10) days !n advance of the expi?~tic~• 01 each policy, to da tiver to iaid MORTGAGEE a rc~ewal thereof, ~oge~he~ with a receipt fo~ the p~~mium oi ivch renewal; and the.e sMll bs no i~~s or w~nds~orm i++iu~a~.ce plecK! on any of isid buildings, ~ny interest therein o? part tMreof, v~leu in tFK fwm ~nd wilh tM losi pays6le es atoresaid; snd in the eveM any fum ~ of maNy becoma payable vnde? such polity or policies iaid MORiGAGEE shall have ths optiw? to receive end apply Ihe same o~ accouM of the indabted- . neu setured Mreb w b rmit said NWRTGAGORS to reteivs and us~ it or an ~t thereof lor otncr ' E Y Pe Y Pa Purposes. ~vi~hout th:~eb/ wa~ving o~ unpair- ~ ing any puitv, lien w ~ight ~nder or by virtue of this mo:tgage; and i~ 1Fa event ia;d MORTGAGORS shall fw sny reaia? fail to keep tF?e said premisrs so ins~red, q fail !o deliver promptly ~ny of taid policies of insursnts to said MORTGAGEE, w tail promptly to pay fully any premium thereiw w in any ~ ~ retpect fail ro pafwm, discharge, execute, ~ffect, completa, comply with ar+d abide by this rnvenant, a any part he~eof, said MOR?GAGEE may place and pay fa such insv~ancs or any part ~Fxreof w~tho~t waivin9 or affacting a~y option, lien, equ~ty, w r~ght u~+de? a by vi.tue of this Mortgage, and tl+e • iii full amount of each and every such payment ihall be immediately due and payable and shall bea~ interest irom the date ~hereof until paid st the rate ol ~ ~ nine pe? centum per annum and to~ether with svch i~terQSt shall be securcd by 1Ms lien of thi~ mortyage. 1. To permif, commit q suffer ~?o wasls, impairment a deter'roration of said property w any part thereof, i S. To pay all and singular tF+e cosb, cMrges and expe~ses, includirg a reasonable attw~?ey i fee and costs of abstracts of title, incurred w paid at ~ any tima by said lNORTGAGEE, because w in the event of the failure o~ the part of the said M~RTGAGOR to duty, promptly and fully perform, d~uharge. executs, effect, complete, comply with and ab~ds by Each snd every tbe atipulafions, agreements, conditions, and cove~ants of sald promissory note and this f mortgage any w either, and uid costs, charges and expenses, each and every, shall be immediatety dve and psyable; whetlxr w not there be no~ice da mand, attempt to rnllect or suif pending; and the fult amount o( each and every svch payme~f shap bea. interes~ from the date the~eof until paid at the rate of nine per centum per annum; and all said costs, charges and expenses incurred w paid, togethe~ w~1h such interest, slwll be secured by the ~ien of thii mortgage. Q Thst (a) in the event of any breach of tf~is lMortgsge w defautt on tM part of ti~e MORTGAGOR, or (b) in the eveM sny of sald sums of money herei» ?eferred to be not promptly and fully paid wilhin thirty (30) days nexl after the same severally betome due and payable, without dcrosnd w notice, or (c) in the event each and every the stipulations, agrecments, conditions and covenants of ss~d promiuory note and ih~s mortgage ai?y or eitlxr are nof ~uly, promptly and fully performed, d~scharged, C7tKUfE~, effected, completed, complied with and ab'~ded Sy, then in either w any such eve~t the taid ag- gregate sum mentioned in said promissory note then remaining unpa~d, with interest accrued. and all moneys securttl hereby, shall become due a~d pay- able fathwith, w thereafter, at the option of said MORTGAGfE, as fully arrt completely as if all of the said sums of money wcre org7na?ty sGputated to be paid on suth day, anything in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon w thereaftd a1 the op+io~ of ' said MORTGAGEE, without notite or demand, suit at law o~ in eqvity, therefore w thereafte~ begun, may be prosetuted as if all moneyt secured hereby had matured prior to its institutiort. 7. That in the event that at the beginning of or at any time pending any suit upon this Mwtgege, ot to foreclose it, or to refwm it, or to enforce payment of any claims hcveunder, wid MORTGAGEE shall apply to the Court having ju~isdrction thereof fw the appointment of a Receiver, s~ch Co~rt shall forthwith eppoint a rtceiver of said mortgaged prpperty all and singvlar, includ~ng all and singular the income, p?ofits, iuues and rev~nues from whatever source derived, each and every of whKh, it being expressly understood, is hereby mwtgaged as if speci(ically aef forth and described in ttx graroing and habendum clauses hereof, and such Receiver s(w1I have all tF?e broad and eftective functions and powers in anywise e~t~usted by i Court to a Receiver, and such appointment shall be inade by such Court as an admitted equity and a matter of absolute right to said 1NORTGAGEE, and without re(erence to the adeqeracy or inadequacy of the value of.the property mortyaged or to the sowency or insolvency of said MORiGAGOR o~ the defendants, and that zuch ; renrs, profits, intome, iuues a~d revenues shalt be applied by such Reteiver according to the lien or equity of said MORTGAGEE and the practice of such ~ CouA. ~ 8_ To duly, promptly and fully perio?m, discharge, execute, effect, complete, mmply with and abide by each and every the stiputations, agreements, conditans a~ covensnts in w~d promissory ~ote and this mortgage set forth. 9. That in 1he everet the ownenhip of the morfgaged premises, or any part thereof, becomes vested in s person other than the MORTGAGOR, tF?e MORTGAGEE, its succeu«s and asi~gns, may, without nofice to the MORTGAOR, deal with such successor or successw in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating a discharginy the Mortgagors' tiabitity F~ert { under or upon thc debt hereby secured. No sale o( the premises hereby mortgaged and no forbearance on the part oi the IVRQRTGAGEE w its wccessors or assigm and no extension of the time for the payment of the debt hereby secured given by the MORiGAGEE or its :uccessors or au~gns, ahall operate ~ to releax, d~scharge, modify change a affect the original liabllity of the MORTGAGOR herein, eitlxr in whole a in psrt. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligat~on hereurKkr or of the obligatan sr ~ cured hereby shall at any time thereaher be held to be a waiver of the terms hereof or of tlx inavument secured herby, i 11. In add~tion to the fwego:ng monthly payments of princ pal and interest requ'aed by the promiswry note secured hereby, mortgagor corenants and ag~eea to pay to mortgagee v`ith each monthly payrnent an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- i~: A-All real property taxes levied or assessed against the above described real estate. ~ B-Premiums on fire and wirtdstorm insurance as herein requ:red to be carried on the improvements situate on t}ie above desvibed p~emises. C-Premiums on such mortgage gua.anty insurance as inortgagee sha{I from- ume to time de~m fit to csrry on the loan secured hereby. Mortgagee shall from lime to t~me notify mortgagor in writing of the amount due and payable herevnder and su~h sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter vrtil mortgagee shall notify mortgagor of a change in such amount. $~ch sums shail be applied by mortgagee toward the payment of rea~ property taxes, insurante prem:ums, and mortgage guaranty insurance premiurrK_ . IN WITNESS WHEREOF, the said MORiGAGOR has fiereunto set his hand and seal the day a year first afores ' S+gned, Sealed and delivered ' ihe presence of: ~ ~J = a n ~ ` ~f' ewis E, ham .Ir aQ s~) j ~ .~tlll@tt@ B• I~II}Ic'iID - - ($ea4 ~ , ! STATE OF FLORIDA ~ • • S5. ~ COUNTY OF $t• I.LtCle ~ 8efore me personally appeared Lewis E.Durham~ JZ~ snd ~ Juliette B• Durham his wife, to me well known and knawn to me to be ; the individuals destribed in and who executed the fw ang instrument, and atknowledged before me that they executed the same for the purposes ~ j therein expressed. And ihe said Juliette B• 1~jurham ~•+fe of the said _I.QW15 E. Dt2ZtIdIQi Y'. ~ J upon s separate end privats j examination by me taken separate and apart from ?~er said husband, acknowledged to and before me tFwt she executed ssid instrumem ~reely and volun- ~ rarily and without any compulsion, constraint, apprehension, or fear of ot from her said husband. ~ ~ WITNE55 my hand and official xal tbis day of ~ . . fay;14~__ ~3 i ~ ~i { ~ . ~ tary Public in and for t1~e Statg f F sf lar9a ~ i y Commiu'wn expires: f~ ; Return To: _ ^ ~ : _ e t First Federal Savings 3 Loan Association ~~~~q a~TE Of RIDA 4 1~ ~ ` ~ Of Fort Pierce. W ~~I~~~.~XPlRC~ ~j1FF:.?1 ~tJJs ~ BOndM ihrfi.GEA rafl~.:t~zw!" er,• 4 Fort Pierce, Florida i I~Pd ?l{crs. ~,.'~y _ . x i . ".'-'.r 'J~' ~Ii i ~ 1113:?~'*' . ! f~~Fa aN~~ ~~c~ROEo ; st. ~uc;r coubir ft~ ! ~ This lnstrument Prepared By John k'. Collitl5 kCCER ?01+'RAS ` First Federa) Savings & Loan Association - p~ ~«,r`x ~''•~v~T CO(fRT ,,,~y(~ ° of Fort Pierce ~ FloYida ~~~"~~`D.,, r ~ ~ _.-,.,.1., ° Mar 30 ' 9 ss AM ' E ~he~k~ 8y~ ~ . 73 E ! ~ ~ R 214 ~~O~s zsssoo ;s ; eoox ; E ~ ~ .4. . : . . ~ - - - .Y ; - ^4.~~•~ .a 9 '~.,._~:~r r a ~3 : »6-