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Home My WebLink About2019 ?o plac~ u+d confinuou~ly keep on the bvild~~ys now a MreahN sitwi~ en said land and on ~II equip~nenf ~nd p~rsonally tovered by thi~ mw1~ ~ y~ with all p~sm'wms ?heraon pa~d in (u14 fire insuranc~ in tAs usual sundard polity (wm, in •~um approv~d by th~ MOR~GAGEE, snd winds~wm ' • In~wance tn tM uswl irandard pol~cy to+m, in ~ sum ~pprovsd by tM MORTGAGEE. in such compa~y w companifs a rM MORiGAGEE ~nay dir~cM ~nd all Nn ~nd winditorm inw~anu policiti on any of ~aid buildinps, any iMae~t tMr~in o? part Ihereof, in tM ~qyrcy~~e wm ~iwetaid w ~ In ~xceu lhereol, ~!?all contain fh~ uswl slandard mar~9aqee clauie a such othx clavs~ a tM MatppN may rpuir~. m~kinp fM Iou u~de~ sa~d poli~ ci~s, each u?d ~very, p~yabl~ ro iaid MORTGAGEE af in ie+te~es~ may ~pp~u, and each a~d every ~uch pol;ty ahsll be promp!ly ~u:yned and delivered to +ny held by s~id MORTGAGEE si fu?tha security to said mat9ape debt, ~nd, ~+ot leu ~h~n ten (101 days in sdv~nce of 1he ~xpir~tion o1 e~ch policy, to dr ~ liw~ to uid MORTGAGEE s rtntwsl thereof, Iop~~her with a ret~ipt fw 1he pr~mium of t~th r~newat; snd lhere fMtl b~ no fire or windsiorm Insurant~ , p~~ctd on any oi said buiWir?ps, any intereat ther~in a parl ther~of, unl~ss in IM form ~nd with 1M lou payable ai afore~aid; and in tht ev~ot any tum r` of mon~y becomes payable ~nder such potiq w pol~cies isid MORTGAGEE shall h~vs the option to receive and spply the same on accounl of the indebted- ness sacured hereby a ro pe~mit said MORTGAGORS to roceive and vu N or a~y pa+l thacof fo? orher purposes, w~~hout thxreb~ waiving or m~pair- inp any equ~hr, lien or right unde? or by virtue of this moztgage; u~d in the event wid MORTGAGQRS sF?afl fa any reason fail to keep the s+id {xemisei so i~t~red, or fai) ro dalive~ p~omptly ~ny of uid polities of insursnte to said MORTGAGEE, ot fait promptty to pay fully any p+em;um therefot w in a~y ~ respect (~il to prrfwm, dixha~ge.. execut~, sffect, completc, comply wi~h a~d ~bids by this covenan~, or any part hereof, s+id MORTGAGEE may place and . pay ta such inwrance w~ny put thereof without w~iving or affectinp ~ny option, Ikn, puiry, or rigM unde? a by vi.tue of this Mwtgage, and the full ~mount of each and ~very such payment ihall be immediatdy due and p~yabl~ and sMU bear interes~ from the dat~ thereof u~til paid at the ratt oi ~ ' i nine psr cer+tum par annum and toge~her with such intereat shall be secured by the lit~ of this mortg~ge. • To permit, oommit w suifer ~o wasfe, impsirment or deteriwation of said prope?ty w sny psrt thereof. S. To psy all and singulu tF?e costs, cMrge~ and expe~ses, including a reaso~able attwney'a fee and costs of abstracts of titte, incvrred or paid af eny time by said MORTGAGEE, becaux w in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully periorm, diuharge execute, effect, complets, comply with and abtde by each and every the itipvlatio~s, ag~eements, conditiona, and tovenants of said promissory note and thi~ mo.tgage any a ei~her, s~d said cosh. charges and expenses. eacA and evcry, shall be immediately dw and payable: whe~her a nof there be no~ice dr mand, atiempt to collect p suit pending; , and the full amouM of each and every such payment shall bear iNeresl from the date tF+ereoi u~til paid ~t ~he rate of nine pe~ centum per aniwm; and all said costs, charges and expe~ses inturred a paid, togelher w~th such interest, shal! be secu~ed by the lien of this mortyaga b. That (a) in tbe evsr?t of any breach of this Mortgsge w default on the part of the MORTGAGOR, or (b) i~ the QYM1 any of asid sums of money herein refe~red ~o be ~ot promptly and fully paid within thirty (30) daya next after the same severally become due a~d payable, without dsmand or norite. or (c) In iF?e event each and eve~y the stipuiations, agreemcnts, cond;rions and covenanta of said promisswy npte and th~s mortgage sny w either are not iuly, {xomptly and fully performed, diuharged, executed, effected, compkted, complied with and abided by, the~ in eitF~er or any such event the said ag gregate wm memaned in said p~omissay ~ote then remaining unpaid, with interest acaued, snd all moneys setured hereby, shall become dw snd pay- able fonhwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were wiginally stipulated ro be paid on such day, anything in sa:d promissory note or in this Mottgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEf, withovt ratice or tlemsnd, suit a! law or in equity, therefore a thereafter beguo, may be proxcuted ss if all awr?eyt setured hereby had mat~red prwr ro its institution. 7. That in fhs event that at the begi~ning of or at any time pendirg any suit upon thit Mortgage, o` to fo~ectose it, or to refortn it, w to enfwte payme~t of sny daims hereunder, said MpRIGAGEE shalt apply to the Court having jurisdittion thereof iw Ihe eppoi~tment of ~ Reteiver, such Court shall forthwith appoint a receive~ of uid mortgaged propeny alt and singular, inctudmg all and singular the income, profits, iuves and revenues irom whatever so~rce derivcd, each and every of which, it being expreasly undcrstood, is hereby mortgaged as if speciiically set fath and desvibed in the grantiog and habendum clauset hereof, and such Receive~ shall have all the broad and effective funct~ons and powers in snywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and s matter oi absolure right to said MORTGAGEE, and without refe~ence to ths adequacy w inadtqvacy of the valve of the p~operty mongaged or to the wlvency w insolvency of said MpRTGAGOR o~ the defeodants, and that such rents, profits, income, iuues snd revenues shall be spplied by such Rcceive~ accord~ng to the lien w equity of said MORTGAGEE and ~he practece of such Court. B. To duly, promptty and fully perForm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promisswy note and this mortgage set fo~th. 9. Thst in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a pe?son other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, witRovt notice to the MORTGAOR, deal with such succeuw a succeuor in interest wi~h reference to thii mortgage and the de61 hereby secured in the same manner as with Morfgagor without in any way viliating or dixharging the Mo?tgagors' liability herr undet or upon fhe debt hereby secured. No sale of the premises hereby mortgaged and no fwbearante on the part of the MORTGAGEE or its suttessors or assigns and no extension of the time fw the psyn+en~ of the deb~ hereby secured yiven br the MORTGAGEE or its successors or auigns, shall operate ~o rekase, d~scharge, modify change or affect the original liability of the NfORTGAGOR Fwrein, either in whole or in psrt. t 10. It is spec7ficalty agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligafion sN cured hereby shaH at any time thereaher be held to be a waive? of tbe terms hereof or of t1x inatrument secured herby. t 1. Irt addn;o~ to the forego;ng monthty psymeNS of princ'pal a~d iatere:t required by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mo:tgagee vvith each monthly payrneM an add~rional sum estimated by mortgagee to be equa) to 1/12 of the annual cost oi the fol(ow- ~ ing: A-All real property taxes levied or assessed againsf the above destri5ed real estate. . , B-Premiums on fire and wi~dstorm insurance as he~e~n requ~red to be carried on the improvemewts s~tuate on the above des~ribed premises. C-Premivms on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on ihe loan secured Fiereby. Mortgagee shail from time to time notify mortgagor in writing of the amount due and payabte hereunder and such sum shall thereupon be due and ~ayable on tF~ due date of the next mo~thly payment and each successive month thereaiter urtil mortgagee shall ~otify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taaes, insurance prem:ums, and mortgage guaranty insurance p~emiums. IN WIT WHERfOF, the said MORTGAGOR has hereunto set his hand and seal the day a ar first aforesaid. . Sealed and nered in the pr ~c of: - _ ~~G / r ~~t.A.+y~fwdl i~t~e ~e~ Ses~ _ it~yw,v•y 11~3L '~S an ~Slulti CZiCCOY~i! _;Seaq ~ ~ STATE 7~iK ~ YO~'IC ~ ' i u, f eouNTr of e f! ti'!J ~ Befine me penonally appeared R~~! C1iCClilffe and ~ Aif1iD~ CYCCt[Z68~ his wife, to me wefl known and krawn to me to be ~ the individuats~ desu~bed in and who executed the fwegang instrumenr, and acknowledged befaa me that they executed the same for• the purpoaes E therei~ expressed. And the said ~f{111t8 C1lCCnl'!i~ I wife of the said R~~ C~C~~@ upon a scparate and private ~ examinatwn by me taken xparate and apart from her aaid husband, acknowledged to and befwe ms that ihe execvted said instr~ment freely and volurr E rarity and w~thovt any compuision, constraint, apprehension, or ear of or fran her said huaband. ' f WITNESS my hand and official seal thi ~ dsy of ~ q, p, ~q 73 i ~ , 1 ~/J~ ~ N ary ic in and f Y t . State of Fbrida at LarQe ~ ~iq 'D/ 1~1AIM Yp~ ~ My Commisiroe expires: ' Retum To: a ~ , : : , - ~ Fint Federa! Savings 6 loan Associafion , ' ' : f' ' ' ~ , ,-t . ~ ~ . . , , i Of fort P~erce. $w~n YN4 ' N~ta.-a~ ~ r•' - r .r>p ' - fr'„~ ~~.,un•<~( ~ Fort Pierce, fbrida + • ~ - i • a ~ ~ ' !~„r+r:i~ rFa[? } .y~atd. _ i q ; i ! i ~ ~ ~ - • FtLfQ AA~ ?EC'JRDEO ~ ; This Instrument Prepar r~~ ~.TZ• ST. WCtE :07MTY ftA. ~ j First Federal Savings ~ Loan asSQeis~fiori '~RAMANICO FiGe'.~ ~~.~'f!5 ; pf Fort Pier~e ~ F~o~'3,Qa•,• 1~1' IIC. State o! Mew 1/wk C~E~~t ~%<<;'` ~t f CGURT ~ ~ . 4~ J•......•S.~ ~40~560525 p«:nR: Yf= !''E~ j Checked ey L~ ,'~~r~-~~~~~~~ March 3~, L47~ ~ ~ ~ MAY 3D 9 5a AK ~3 ~ ~ ~~ox214 ~2a18 255501 Is _ - - - - - - _ .~a ~