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Home My WebLink About2625 To pl~c~ and conrinuously k~~p o~ iM bu~:d~np~ rww a her~~iter uwaq on u~d I~nd and on ~II equip~?~nt ~nd pason~~ly cov~~ed by ~1?is ma~ ~p~, with all premiums 1Mtwt? pa~d i~ full, fire iniur~nc~ in the utval ~tandud poticy form, in •~wn ~pWowd by 1h~ MORiGAGEE. and windstwm iiuw~r?n in tM uwal ~iandard polky fam, in • wm approv~d by ~M MURTGAGEE. In wch tanWnY or comP+ni~s a Nw MORTGAOEE m+y d'u~a~ and all f'u~ u+d wMdswrm inswai+ce pdKie~ oo +ny of s+id buildifl0~ ~Ify Irtfffpl ?F1Ht111 Of Pi/1 1F1ffpl, In 1M ~repat~ ~un+ alot~s~id or In ~zcess Iherwf. sh+ll contain ~M uiwl s~anda~d mor~~ayN clavs~ w ~uch aM. claus~ a tM Mor~9p» may ~puu~. maAinp tM lo» unda+ sa~d po~i~ ~ cie~. ~ach a~+d ~vay. paYabl~ ro said MORTGAGEE a in inter~st may ~pp~ar. u~d eacA and twry wch poiicy ~MII b~ prompNy ~u y~ed and d~tive~ed ~o •ny Mld by said MORTGAGEE ~s f~rther Ncurity to Hid ma~p+~ deb~. +r+d. not ~tu tMn t~n (10) d+YS in +dv+nc~ of fhe ~:pi~ation of each poticy, to dr ~ IIw~ ro wid MORTGAGEE a renewal thereof, top~~hK with a raccipt iw tM pr~m~wn of such re~ew+lt a+?d ~?~e sMll b~ r+o f~n a windsto~m inwranc~ pl~c~d on any oi said buildingt. ~ny int~~~st ~henin a p~rt tMrwf, u~less Ie ~M fonn ~nd wi~h tM Ioss payabl~ ~s ~fortsaidr +~+d in tFw evMt ~~y wn+ of mon~y becana payaWe v~der such policy w polic~ti said MORTGAGEE shall haw ~M optan ro receive ~nd appty tM same on ~ccoun~ o( tM in~kbted~ neu ~cu~sd htreby w w p~~mi1 s~id MORTGAGORS to roceiw and uN it a any parl thereof fw ahe~ pwpQset. w~~ho.il the~cbl waiving o~ ~~opa~r- inp any p~ity, lien or righf ~ede~ or by vi~tw of this mort9a~r. ~nd in tM ~veM ~aid MORTGAGORS sMU (w any reason (ail to keep the s+id p~~mises so inaured, or fai) to deliver p~omptly any of said policies o( inswancs ro s~id MORTG/1GEE, w fail prompNy to pay fully any premi~m ~haefor ot ?n anY respect tsil to pKfam, discharge, execvte, ~ffect, complete, tomply with u~d abid~ by this tovsnanl, w+~Y pa.t heraof, aaid MORiGAGEE may p~xe and pay for t~ch insurancs or a~y p+rt thaeof without w+lvinp or ~ff~ctL+p any option, li~n, equity. a riyht unda or by virtw of ~hii Matya~e. and the . full ~mount of each and ew?y such p~yment shall be immedi~tely dve and p~yaW~ and sMll bea: interes~ from Ihe date thereof until paid at tt» rat~ 01 nine per c~ntum per annum and toge~her with such i~terest shall be secu~ed by the lien of th~s mwtg+ge. ' 4. To psrmit, commit o~ suiter no waste, impa'ument w deteriw~tiw~ of said properfy or any put thereof. 5. To p+y dl snd w+yulu tl+e costs, cMrges u~d expe~+ses, iaclvdirg a reasonabk ~ttwr.ey's fee and costs of ~bstrscts of titl~. incvrred w p~~d ~t any time by said MORTGAGEE, because a in the evtm of ths isiluro on tht part of ~M said MORTGAGOR a dvly, promptly ~nd fvlly pe~fo.m, d~achug~, executt. effect. cemplete. comply with and abide by sach and every the s~ipulations, agroen?e~n, tonditio~s and covenanb of said p.omiuory note and this mort9ay~ a~y or either, and sa~d costs, cMrges and expenses, each snd every, sMll b~ immed~ately due ~nd payable; wherher w eat there be norke de mand, attempt to collecl or svit pe~ding; and the fvll artaunt of eath and wery wch payment shal! bea~ interest from the data the~eof until p~id al tlx rare of nins per centum pe~ ~ru~um; and atl said cost~, thar~s and expenses intwred or paid, together with suth interest, sMll be setured by the lie~ of this mort~+~. Q ih~t (a) in the eveM of any breach of this Matga9e w defa~lt on tFr part of the MORTGAGOR, or ~b) in the eve+~t any ol s+~d sv~ns of ma~ey herein rofe~red. to be ~ot promptly and fully paid within thirty (30) days next after the same severally become due and payable. withovt demand a notice, 4 or in the ~wnt each and every the stipulations, ~greemcnn, conditions snd covena~n of sa~d p?aniuory note and th~s mort9~e any w eithe~ ~re na ; iuly, promptly snd fully performed. d~scha?ged. executed, effected. completed. complied with ~nd ab~ded by, theo io either or ~ny such ewm tM sa~d ag ! gregate sum mentaned in said promiuory note thtn remaining uopaid. with iNerest aarued, and all moneys setu~ed hereby. ihall become dw and pay- ~ able fwthwith, or theresfter, at the option of said MORTGAGEE, u fully and compk~ely as if all of ~he said wms of money vrere wiginally supulated ~ to be-paid on such day, anything in said promiuary note or ie this Morfgage to the cootrary notwith~qnding; and thereupoe~ or thereaiter ~t tMe option of ~ said MORTGAGEE, without norice a dema~d, suit at law a i~ equity, therefore or therealter begun, may be prosecuted u if ~11 moneys sacured hcreby ; had matured pnor to ib institution. 7. That in the event that at the beginnirg of or at any time pending sny suit upon this Nlatgage, w to fweclose it, o~ fo refom~ it, or ro enfwce payment of any claims hercunder, said MORTGAGEE shall apply to the Coutt havirxJ jurisdittion thereof for the ~ppointmem of • Recciver, such Cou~t shall - forthwith appoiM s receiver of said mwtgaged property all end sirgula?, includ~ng all and singular the income, profits iuues ~nd revenues from whatever source derived, each and every of which, it being expreuly unders~ood, a he~eby mw~gaged as if spec~fically set fwth ar+d described in the yranting and habendvm clauses hereof, and such Receiver shall have all the broad snd effective functwns and powe~s in anywiu e~trvated by a Cou?t to a Receiver, snd •~ch appointment shall be made by s~ch Cou~t as sn ~dmitted equity and a matter of ebsolute right to said MORTGAGEE, and without reference to the adequacy or inadeqwcy of the value of the prope.ry mortgaged a ro the sotvency o~ inso~vency of said MORTGAGOR or the defpndams, ar.d ~fiat such ~enrs, profin, income. issues and ~evenues shall be applied by wch Receiver accad~ng to the lim w puity of sa~d MORiGAGEE and the practlca of such Court. 8. To duly, promptly and fully pe?form, discharge,•execute, ~ffect, complete, comply wi~h and sbide by e~ch and every the stipulations, ~greements, conditions and covenants in said promissory note and this mwtgage ut iorth. 9. That in the event the owncnhip of the mortgaged premises, or any psrt thcreof, becomes vested in a person o~her th~n the MORTGAGOR, ths MORTGAGEE, its succeuws end augns, may, without notice fo the MORTGAOR, deal with such succeuw w successor i~ interest with reference to tha mortgsge and the debt hereby secured in the same manner as with Mortgagw withoW in any way vitiatina ot dixhuging the Mwtgagon' liability Ixrt under w upon the debt hereby secured. No sale of the premixs hereby mortgaged and no fwbearance on the pan of the MORTGAGEE w iri successors or auigns and no e~tension of the time fw the paymem of the debt hereby secured given by the AM1ORTGAGEE or its succesaors or auigns, shall operate to retease, discharye, modify change o? afiect the o?iginal Iiability of the MORTGAGOR herein, eithe~ in wlwle w i~ part. 10. It is specifically agreed that' time is ot the cssence of this contract and that ra waiver of any obGgation hereu~der w of the obligation so- ~ cured hereby shall at any time thereafter be held to be a waiver of the terms hercof a of the inslrumem secwed herby. 11_ In add~tion to the forego:ng monthly payments of princ'pal and interest requ~red by the promiasory ~o?e secured hereby, mortgagor tovenaots a~d agrees to pay to mortgagee v~ith eacfi monthly payment an add~rional sum estimated by matgagee to be equal to 1%12 of the annual cost of the follow- ing: A-AIl real property taxes levied or assessed against the a5ove desvi5ed real estate. ~ B-Premiums on fire and windstorm insura~ce as here~n requ~red to be carried on ttx improvarn~~ri sitvate on the above described premises. C-Ptemiums on such mortgage gua~anty insurar,ce as mortgagee shall from tlme to time deem fit to carry ot? the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable he~eut~der and such sum shall thereupon be due'and Fayable on the due date oi the next monthty payment and each succeasive mo~th thereafter ur.~il mortgagee shall notify mo?tgagor of a cfwnge in such amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwrarxe i Premiums. { IN WITNESS YJHEREOF, the ssid MORTGAGOR has hereunto set his ha~d and seal tF?e da and year f'ust aforesaid. ~ Sea a del'~i Ted the p? rxe of: ' ~ - ~n L Mi n - ' ~ ' n R M' ton p S1ATE OF FLORIDA ~ a COUNTY Of SL • L11Cle ~ ~ Befwe me personally sppeared -is~s L Mid 1lt~71 snd ' Robyn C. Middleton his wife, to me well known and krawn to me to be the individuals deuribed in ~nd w!w executed the foregoing instrument, and acknawledged before me that they e:ecuted the same fw the pwposes rherein expressed. And the said RObyf1 C. Middl@tOfl w~fe of the said Ja~s L. Middleton upcn • sep~.ate and privat~ examinat~on by me taken separate and apart from her ssid husband, adcnowledged to and befwe mt that she execvted said instrumer+t fteCly and volvrr rarily and without sny compufsion, constraint, apprehension, w fesr of or from he? taid Fw~ WITNE55 my hand and official seal thi~ day of A D. 19 73 - Notsry blic in and for t~tate of Florida at Ler~e ~ . My mission e~cpires: ~ ~i~ ~9 7•r _ Return To: , , fint Federal Saviogs a lwn Association , OI Fo?f Pierce. ~~~.~1~1~~~~~ ~ 3 fort Pierce, florida • ' , ;y'~~+ STLED AN[~ AECaR0E0 i f 'r ' ~ RuCE "OUTRY FLA. ~ ~ z.:`~: :,4=. ~ RF CIFRr, C; :C~~lt ~ URT I ~ This Instrument Prepared By williav ~,~u~f : C('M l~~~'1EQ~~ First Federal Savings & Loan Association . t.: ; of Fort Pierce ~ F lori ds ~=~A~ Q~~':`;~ ~c~ ~ t~ ~ ; . ~ : ~ 42 PH 73 : • Checked By - 5,'" - ; zss9o1 ~ o R ~~4 t~E2622 ! sooK ~ _ . _ +;a ~~~y ~ s~~ 4S~ ~~JF~k` aS~.., I _ ~ - rsL ~v~i ~ .F~ 'xA° ~!'~4 S~ _ j . `.1