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Home My WebLink About2621 To plsc~ ~od contimrowly ke~p on tM buitdirys now a htreafter ~itwt~ on ~~id land ~nd on ~II aquipm~nt ~nd p~rwnally covertd by thi~ mor~p- ; ay~. wirh ~tl p~miums ~hereon pa~d in full, fir~ inw~~nc~ M ~M ~nwl sundard policy form, in a wm app.ored by Iht MORtGAGEE. and windstam ` inswanc~ in t!a uswl ua~dard pol~cy (am. i~ a wm ~pprov~d by tM MOR?GAGEE, in wch comp+ny w comp+n~es a ~h~ MORTGAGEE inay d'a~ctt w+d dl fk~ and winduorm in~urana policies on ~~y of uid build~nps, ~ny inM~N1 tMr~in o~ part Ihe~eol. i~ tM appre9a~e wm alwssaid w In ~:pas ~IN~wf. ~lwll contain tM wwl Nandxd mor~pap~a clausl a wcA o~hN clauN i~ tM MalypN may rpua~. maMinp tM losf unda said poli~ ci~s. each and w~ryr. payabN w s+id MORTGAGEE a~ iu IMNHI rMY ~Nf. +~d ~+cA and we~y tivch policy ~hall b~ promptly ais q~ed and delivered to ~ny MW by said MORTGAGEE ~s f~r~he. security to said ma~p~ye deb~, ~nd, ~ot I~ts ~ha~ ten (10) daya in advance of the •xp~rar'~a? ot each pol~cy, ~o da I~w~ ro ~aid MORTGAGEE • re~ew~l thenof. ~op~tF~ wi~h • rst~~pt (a ~M pnmivm of tuch renewah and ~Mr• ~hall bs no fa~ a winds~o~m insvro~c~ plaad on ~ny of uid buildinpi. ~ny interep tF~~i~ o~ parl 1F~~of. ~nks~ i~ IM form ~nd w~+h ~1?. iou wyab~. as ator~iaid; and in ~M wen~ aoy ivm of mo~+~y beca~es payabl~ uoder such policy or policiss said MORTGAGEE shatl Mw the op~~on ro receiv~ and apply the wme on xcovnt oi tM indeb~ed nsss uturtd Mreby o~ w permit s~id MORTGAGORS fo receiw ~nd us~ i1 a aoy part thereof fa orhe~ purposei. w~~hout th:reoi waiving or m,pair- inp any pv~ty, lien o~ ripht unde~ w by virtw of thii morspy~; a+d in 1M went said MORTGAGORS shall for any ~easQn fail to keep the uid premiia so insured, w fall ro deliver promptly u+y of iaid policies of i~swance to uid MORIGAGEE, w fail promptly to pay fully any prenu~m the~efor or in any rs~pecf fail to paiwm, dischuge, eaecuts, efied, complete, comply wi~h u+d abid~ by this cove~snt, w a~y part hereof, said MORTGAGEE may p~~ce and peY fa such insurance w~ny part thereof without w~ivinp or affectkp My OptiOfl, IiM. puity, or ?ight vnder or by vi~~w of this Morfys9~. ~nd the ~ full ~mount of each snd ~wry iuch payment shall be immediately dw ~nd psyable ~nd shall bear intereit from ths date thereo( until paid at tM rate ol , nins pe~ ccntum pet annum and toyether witti suth interesl ~hall be secured by the lien of this mottgsge. 1. To pKmit, commit or s~ffa no waste, imp+i~ment a deterioratan of uid pro,~erty w ~ny put thereof. S. To pay al) and siny~lu tM co~ts, cMrqes and exp~ns~s, includiny a reasonable +ttwney i fes and costt of abeuads of titte, incvrred or paid at any Iime by said MORTGAGfE, becavse a in tl+e evero of the failure on ti?s part of the taid MORTGAGOR to duly, promptly and fully pe~fo~m, dixharge, executs, eifect, complete, comply with and ~b:de by each ~nd every the itipulat~ons, ayreementa, conditior?s, +~d covenan~s of said prom~ssory note and ~hii ~ mortgape any or either. snd uid cosb. chuges and expenses. e+ch +nd every, shall b~ immediately due' and payable: whethe~ w not tlxre be notice de~ mand, attempt to co11M a suit pe~dirq; ux! the futl artauM of each end every tuth paymeM sAall bear interesl from Ihe date thereof uMil p~id at the rate of nine per centum pet annum; and all said costs, charges and expenscs incwred or paid, togetha with suth interest, shall be setured by ths lien of thit mortya9e. . 6. TMt (s) in the evcnt of any breach of this Morlgsge w def~ull on tM part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein refe~red to b6 not prompNy and fully psid within thirty (30) days next after the same severally become due and payabb, without demand w notice, or (c) i~ the ewnt each ~nd erery the stipulatioos, agrcemcnts, conditio~s and coven~nts of sa~d promiuo+y ~ote and th~s mor~gaye any or either are not iuly, promptly and (utly perfwmed, d~xharged, executed, effeded, compkted, compl'~ed with and abided by. then in either a any such event the said ag gregat~ wm mentaned i~ said ptomissory note then ~emsining unpaid. with iNerest acuued, and all moneys setured hereby, shall become due and pay- able forlhwith, a thereafte~, at the option of said MORTGAGEE, as fully ~nd complctely as if all of the said sums of money were wginslly stipulated to be paid on suth day. anythirg in said promiuwy note a in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice a demsnd, suit at law or ln squity, tF?erefore w thereafter begv~, may be prosecuted as if all moneys secvred hereby ~ had matured pnor fo iri institution. . E 7. That i~ the event that at the beginning of or st any time pending any suit upon this Mo?tgape, w ro faeclose it, or ro reform b, or to enfores payment of any claims here~nder, aid MORTGAGEE sMll apply fo the Cou~t having jurisdiction thereof fw the appointmeM of a Receiver, such Court shall forthwith appoint a receiver of said mwfysged property atl and singular, includ~ng all and aingular the income, profits, iuues end revenues from whate~er source derived, each ~nd every of whKh, it being expressly understood, is hereby mortgaged u if specifically xt fath and dexribed in the yranting and habendum clauses hereof, snd such Receiver shall have a~~ 1he brwd ~and effective functions and powe?s in anyw~se enlrusted by a Covrt to a Receiver, and such appointment shall be made by such Coure as an admitted equity and a matter of absolute right to said N10RTGAGEE, and without reference to the adequacy w inadeqwq of the wlue of tlx property mwtg~ged or to ihe sowency or insolvency of said MORTGAGOR w the defendants, and that such rems, profits, income, iuues and revenves shall be applied by such Receiver according to tM lien w equity of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perform, discharge, execute, ef(ect,_~omplete, comply with and sbide by each a~d every the stipulations, ~grcementi, conditaro and covensnts in said promiasory note and this mortgage tet forth. • 9. That in the eveM the ownership of the morigsged premises, w any psrt thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its succeuors and auigns, may, withoul notice to the MORTGAOR, deal . with such succeuor or successor in interest with refertnce io this mortgage arW the debt hereby secured in the same marr~er as with Mortgago~ without in any way vitiating w dixharging the Mortgagors' liability herr unde~ or upon the debt hereby secured. No sale of the premises F~ereby mortgaged and no fwbearance on the paN of the MORTGAGEE w its successws or auig~s and no extension of the time fw the paymeM of the debt hereby secured given by the MORTGAGEE w its successors or assgns, s~tiall operate ` to release, discharge, modify change a aftect the wiginal liab~lity of the MORTGAGOR he~ein, ei~her in whole w i~ part. 10. N is specifically agreed that time is of the Hxnce of this contract and that no waiver of any oblgaYron hereunder w of fhe obliga!'an se- cured Fxreby shall at ~ny time thereafter be held to be a waiver of the terms hereo! w of the instrument ietured herby. 11. ~n add"+tion to the forego:ng monthly payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee wilh each momhly payment ao add~~ional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: ' A-All real property tsxes levied w assessed against the above described ~eal estate. . 1 B-Premiums on fire and winds~wm insurance as herein requ~red to be carried on the ~mprovements situate on the above dascribed premises. C-Premiums o~ such mortgage guaranty ins~rarce as mortgagee shall from time to time deem fit to carry on the ban secured hereby. ! Mortgagee shall from time to time notify mortgagor in writing of the amou~t due and payable hereunder and such sum shall therevpon be due and ; payable on the due date of the next month:y payment and each svccessive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ' amounf. Such sums shail-be applied by mortgagee toward the paymem of real property taxes, insurance prem;ums, and mwtgage guaranfy insurance ~ premivrt?s. ' ~ WlTNE55 WHEREOF, the RTCaAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ . Sealed and deli rese of: i . ~ i. ~ j Ge r M. Va Jr ,,y ' _ o s~•n STATE OF FIORIDA . 1 COUNTY O~ St. LL1C ~6 ~ ~ Before me personally appeared George M vBLX ~`Tr and Frane e a Ann vgL77C his wife, to me well known and krawn to me to be the individuals described in and who executed the foreyoing instrument, ard scknowtedged before me that they executed the same for tFx purposes rherein expressed. Md the said Fr a ne e s ~1'1ri Va1L7C wife of the ssid H.117( ~ TL'. upon a sepsrate.and prAr~te exami~sYan by me takeo ceparate and apart irom he~ said hus nd, xknowledged to and befwe me that she executed said instrvment heely•~nd volun- tarily snd withovf any compulsion, consfraint, appreh " n, q~ f~r of or from sa' ,~~:rN;~~r` i ~ WITNE55 my hsnd and official seal thi ~j day of ~J1~~. -1~ • - ~ r ~~~i . ,i/- ~i~ N ry Publ'K in and fw the Stat~~of ~rid~ ~aYye ~ Commission expires: ' : r' - . • ~ Retum To: ~ n ' ,tl fi ~ f' : _ firsf Fedenl Savings d~ loan Association ; Of Fort P~erte. NOTARY PUBUC, STPTE of FLORIDl1 ~~E Fort Pierce, Florida 'tY Ci,::S'1SSfON EXPIRES IAN: ~'•i~n:~ eJ C,- r . n..~,:r:can Gankers InseR{nn , f~ ~ ~ ~:i", . rT• . ~ .rf. ~.~UIl ~p•.: This Insirument Prepared By Gary F. E11WOOd EI`~R AMO RECp1~ First Federal Savings b Loan Association §ilU~1E COUMTy of Fort Pierce , Florida o~ RKC~~.~~;T~,~~. l , V UI7 C~~ ; ~ RECORD YEN.tFlEp ~ , Checked By I~'?e=Rk~'13~ 255899 k- ~x~•tiY iy~3 BG~K : F~ i'.'.C- U sb - - - _ - - - ~ _ - _ - . - - - - x ~•r ~M ~~i' _ ;