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Home My WebLink About2746 3. To plx~ and conliauously kt~p on tM bui!diny~ now a here~ft~r uw~t~ on ~aid I~nd rnd on all equtpm~n~ and pe~son~lly covered by 1hi~ mort~ +p~, with ~II p.~mi~mi tMreon pa~d in full, fire i~sur~nc~ in ~h~ uiual •undard policy fam, in a sum app~ov~d by the MORiGAGEE, a~+d winda~am i~wanc~ in tM u~wl ~tandard policy tonn, i~ a wm appror~d by ~M MORTGJIGEE, in a?cl? company a companiei a~ ~h~ MORTGAGEE may dinctl ~nd all fG~ u~d w'u~dstum insuranp policas on any of iaid IwiW~ny~, ~ny Inlerp~ ther~in w part thereof, ie? tM a99reya~~ wm ~fweuid ot in ~xcesti tF~ereof, sMll con~ain fh~ usual iundard mort~ape~ claus~ w iuch oU~ ctaus~ ss tM Mor~9age~ may ~equu~. makinp iM.los~ u~+da sa~d po1E ciss, tacF~ u~d ~v~ry, p~yabl* ro uid MORiGAGEE as its intcveit r~y app~u, arx! each and ~ve~y svch policy sh~ll ba promp~ly ~~i.9n~d and delivered ~o •ny held by u~d MORfGAGEE as fvrtl?er tecurity to said mortpa~ debt, and, no1 less than ten (10) days i~ advance o1 the ~xpirarion of each policy, to dr liver to said MpRTGAGEE a ren~wal tMreof, tops~he~ with • ~eceipt fa tM p~~mium of such re~ewalj snd ~her~ shall be no firo o? windstorm insur~nc~ p!+c~d on ~~y of said buitd~rqt, ~ny interest therein ot pa?t thereof, unltu in Iht torm ~nd with 1F+~ lou payable ss ~fwesaidj u~d i~ tF» ~ve~f +ny sum of RwrNy becorrws payable u~la ~uch polity w policies ~aid MORTGAGEF ahall haw tM opt~on ro ~eceive and ipply ths ssme on accoum oi 1M indebted i neu sacu~ed hereby a b permit said MORTGAGORS to reuiv~ ~nd us~ it or any part 1he~eoi for other purposes, w~~hout ~hcreb/ wai~ing w~mpair• i iny ~ny eqvtry, liee~ w ~iyht under w by virtue of thi~ mor:g~s; ~nd in the ~vem u~d MORTGAGORS shatl fw any reason fait ro keep the uid {xemises so ' insv~ed, or fail ro dslive~ prompHy any of said polities of inswance to said MORTGAGEE, a fail promptly 1o pay fully any premivm therefor w in any ( respect fail b perfum, discharga, executa, effed, complete, comply with and abide by this cover?~nt, a ~ny part Mreoi, said MORTGAGEE may plsce and pay for such irqu~ance w any part thereo( without waiviny or affecNnp any op~ion, Ikn, equity, o? ?iyht under w by virtue of this Ma~pa~s, and the ~ full amounl of eath and every such paymenl sMll be immedistely dus +~d payable ar+d shall bear intares~ irom ths date thereof unlil paid a1 tM rate oi nine per centum pa~ snnum snd together with auch interest shall be secured by 1M (ien of fhis mwtgage. _ . ~ 1. To permit, oonunit or suffa no waste, impai~ment or deterioration of said property o~ any psh thereof. 5. To pay ati and sinyutu the costs, charges and expenses, inclvding a reasonable ~ttorney's fes and wsts of abstrscn of ti~le, incuned w paid ~t ~ any time by said MORTGAGEE, because w in the event of 1M failur~ on the part of the said MORTGAGOR to duty, promptly and fully perfam, d~xharg~ execute, eifect, complete, comply with and abide by each ~nd evcry the stipulations, agreemenrsa conditioru, and covens~n of seid promissory note and this mortg~ps any q eithe~, and sa~d costs, ch~rges and ~xpenses. each and every, thall be immediately dve and psyable: whetl+~r w no1 there be notice d~ mand, attempt to colled ot suit pending; ~nd tM full amount of eath and every such psymenl shall besr interest• from tM dste thereof until paid af the rate of nins per centum per aroium; and a!1 said costs, tharges and expenses incurred w paid. together with such intere~t, shall bs secured by the lien of thi~ mortpa~~. b. TMt (a) io the event of any bresch of this Mortgag~ w default on the part of the MORTGAGOR, a(b) in the event any oi satd :was of money herein referred to be not promptly and fuNy pnid within Mirty (30) days next after the same severally become due and payable, withovt demand o? noKce, or (c) io tM event each and every ~he stipulations, agreements, cond~trons and covenants of sa~d promiuory note and th~s rrarfgage a~y or either a~e no1 iuly, promptly and fully perfwmed, d~scharged, executed, effected, compteted, complied with a~+d abided by, then in eithe~ a any such ~veM the iaid s9- gregsta wm mentioned i~ said promiuwy note then remaini~g unpaid, with interesl acpued, and all moneys secured hereby, shall betome dw and pay- able forthwith, or theresfte~, at the option of said MORTGAGEE, as fu11y and completely as if all of ~he said sums of money were o?iginatty stipvlated ro be paid on svch day, a~ything in said piomiuwy note a in this Mortgage to tFx contrary notwithstanding; and thereupoe or tFxreafter ~t the optfon of sald MORTGAGEE, without notice or demand, suit at law or in eqvity, therefore or tF?creafter begu~, may be prosec~ted as if all moneys secured hereby had marvred pnor ro ih i~sGturion. . 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foreclox it, w to reform it, or to enfap payment of any claims he~eunder, said MORTGAGEE shall apply to the Coun having jurisdiction fhereoi for the appointment of s Receiver, such Cour1 shall fo.thwith appoiM a receiver of said mortgaged property all a~d singular, includ~ng all and singular the income, profits, iuues and revenues from whatevtr source derived, each and every oS which, it being expressly understood, is hereby mortgagcd as,if specifitally set fonh and described in the yranting a~ habendum dauses hcreof, and such Receiver shall have all the broad and effective f~ndions and powen in anywisa entrusted by a Court to a Rcceiver, and auch appointment shall be made by such Cou~t as an admitted equity and s matter of absolute r'~gM to said MORTGAGEE, and without reference to the adequaty, or inadeq~acy of the value of the property mortgaged <+r to the sWventy or,~nsolvency of said MORTGAGOR d the defendants, and that such rems, profits, income, issues and revenues shalt be applied by such Receiver according~ to the ~ien or equity o( said MORTGAGEE snd the prattice of wch Courf. . 8. To duly, promptty and fully perform, discharge, execute, effect, complete, comply with and abide by each and every fhe stipulations, agreemcnts, conditions and covensnts in said promisswy note and this mortgage set forth. 9. 7hat in tF~e tvent the ownership of the mortgaged premiscs, w any part thereof, becames vested in s person other than the MORTGAGOR, ths MORTGAGEE, iri succeswn and auigns, may, without notice to the MORTGAOR, deal with such succcuor w successw in interest with reference to this mortgsge and the debl hereby secured in the same manne~ as with Nbrtgagw without in any way vitiating w_ dixhargi~g the Mortgagors' liabitity here- under or upon the debt F~ereby secured. Pio sale of !he prcmixs hcreby mortgaged and no forbearance on the part of the MORTGAGEE or its successon ! or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its succeasors a assigns, shall operate 't ro release, d~xharge, rnodify change or affect Ihe original fiability of the MORTGAGOR Fxrein, eithe? in whole or !n p~rt. iQ. it is specifically agreed that time is of . tiu esscnce of tbis contratt snd that no waiver of any obl~gation hereunder o? of the obligation se- cvred Ix~eby shall at any time thereafter be held to be a waiver of 1he terms hereof or of t~ e inslrumeM secured herby. c 11. In add~tia~ to the faego:ng momhly payments of princ'pal and interest required by the promissoryr note secured hereby, mortgagor covenants and agrees to pay to mortgagee with tach monrhly payrnent an add~rional sum e:fimated by mortgsgee to be equal to 1/12 of the annual cost of 1he follow- ir.g; A-All real property taxes levied w assessed against the above described real estate_ B-Premiums on fire and windsto~m ins~rance as herein requ~red to be carried on the improvements situate on the above dascribed premises. C-Premiums on such mortgage guaranty iosurarce as mortgagee shall from lime to time deem fit to carry on the loan secured hereby. Mortgsgee shall from time to time notify mo~tgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each ~successive month thereafter urtil mwtgagee shall notify mortgagw of a change in s~ch amounf. S~ch sums shalt be applied by mortgagee toward the payment of ~eal propeny taxes, insurartce prem:ums, a~id mortgage guaranty insurance premiums. . WITNESS WNEREOf, thc s'J~i~RORTGAGOR ha: hereunto set his hand and seal the day and year firat aforesaid. Signed, al and de ' er e presence of~~ ? t']~~j~~R'--~ ~ a l ,u n wi ness: w ~a C~u n ' ~ - aq j w i e s s: Blancbe J. ck ' - ~ SiATE OF fIORiDA ` I ~ S5, _ COUN7Y OF f Before me personally bppeared Wi1~.18a C• K17UC~C ~ ~ B1aI1Cb@ J. ~tlUC~C hi~ wife, to me well known and known to me to be ~ ~ the individuals dewibed in ~nd wFa executed the foregoing instrument, and ackrawledged before me that they executed the same fw the pwposes i € rherein Qxpressed. And the sa~ Blanehe J• Ril11C~C ~ wife of the wid WilliB~ C. tBIIC~C~ ~ vpon a separ~te ~nd priv~te j examination by me ta4en separate and apart from her said husband, atknowledged to and before me that she exetuted id instrument fr,eely and volvrr tarily a~d without any canpuls'an, constraint, apprehension, w fgp~ of ot from F}er ssid husband. i~ ~ WITNE55 my hand and official seal ihis da of 73 Y A. D. 19 ; ~ . ~ ~ i~ • . Notary Public in snd for t State of florida at larye t My Gommiuion e~cpirei: ~ Retum To: . , . c- .i f ?,JA gt ~R66 ~ first Pederal Savings 3 lwn Association ~r.:.Yij ~'~Y ~-jQ~. 0( Forf Pierte. ,,,~~~j:, ~ : Fort Pierce, flwida . :iD CFT"~~ : ~ ' ~ • ~t•~:•.a• ` ST~Cl1C E COUNtY FIA. CC`' t~f ; Thi s Instrument Pre par e d B y J• H• RobQltB~ J!. R a C E i: F ~ 1 7 p p s ~ /-:f ~ ' First~Federal Savings b Loan Association CLERK C~.~CUIT COURT ~ O% ^-f~y~ - ~ of Fort Pierce Plozida RECCAr, yF?~ ~tEO ~ ry <"~,;,a;,~ ' ~ ~r~~` p~~~'- i ; ~h~k~ BY~ J~i 5 II: oe AH 13 ; ~ ~ ` 256000 ~ ~ gaaK 214 PACf 2743 ~ ; ; _ ; - - - s , - _ - - - - - w.-~~-~~~ - = ?i A~_ . ~