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Home My WebLink About2763 } 3. To placs ~nd cont'uwously ketp on th~ buildinQs now a M~~~(ta wtv~a on said I~nd and on all equipment and pe~sa+ally cov~r~d by 1hi~ matp~ p~. wilh all praniunM thK~on p~~d in full, (ir~ insuranc~ in tM uwal ~tandard policy fpm, G+ a wm ap{xov~d by tM MORtGAGEE. and wi~rwm . Intur~ in tM vswl uandard pof:cy faen, in ~ sum approv~d by tM MORTGAGEE, tn wch compN+y w compaeies ~s tM MORTGAGEE may dinct~ and all fU~ u~d w~arm imwu~c~ policiy on u~y of a+id buildMps, any int~rK1 thKrin w put ~Mrwf. in tM +pyre9~r~ a~m da~uW a ~n ~cess fhe.wf. ~hall coMa;n tM uwal u~nd.rd mor~p~ cl~us~ a wch o~ha cta~w a tM MwtyapM may .pvu~. ma~k;np ~M tou und~. sa~d poli~ da. tach and ~vNy. payabN a said MORTGAGEE +s il~ i~~Ke~t may app~M. a+d ~ach and ~wry wd? policy ~hall b~ prompHy ~u ynsd and d~tiv~red ro +ny h~W by s~id MORTGAGEE ~s fw~her s~curity to said mat~sp~ dsbr, and, no~ I~ss tF?~n ~tn (10) d~ys In advance oi ~M expiratioo of each policy, ?o dr IivN to ~aid µpR~GAGEE a ~Mawal tMreof, top~rhK with a nceipt for ths premivm of wcl+ rer?ewafj ar+d thae shall b~ no f~re w windsiam inwranc~ ' placed on ~ny of said b~iWi~gs, any intaest thKtin w p~n thKwf, ~nl~ss ie ~he torm u~d wifh tM loss pay~bl~ u~faesaids a~d in th~ ~wnt any sum of mon~y becortNS pay~bl~ u~ wch policy or polici~s ~aid MpRTGAGEE shall Mv~ tM option ro reaeiw end apply 1M sarn~ on ~ccount oi ~M indebted- nea ucw~d hasby a ro permit ~aid MORTGAGORS ~o reqiv~ u~d uw it or any pa~ thereof fw other pu~poses. w~~hout th:rrb~ waivi~ig w u~~pa~r- inp any pu~ty, li~n w rght vnda a by virtw of this mort9aye; ux! in tM ~vent said MORTGAGORS ihall fo~ ~ny reason hil ro keep the aid premisrs so insured, o? fafl q d~live~ p~omptty sny of wid polities of iruwante to ssid MORTGAGEE, w fail p:ompdy to pay futly +~y premium therefw w in any respect fail to pKiam, diuhuqs, ~xecute, effect, compbte, comply wi~h +~+d abid~ by this covenant, o~ any par~ hsreof, said MORTGAGEE may place ar+d paY for wch Inwr.nc~ w any part thereof without watvirq a affecrinp ~er option, lien. eqviq, o~ ~~pht under o~ by virtw of thii M«~ga~e, +nd the full smo~nt of s+ch u?d evfry wch payment shall be ~nvnedi~tely dw and p~yabk ~nd ihsll be~? i~terat from tM date thereof until paid ~t tM rat~ ot - ni~s per ccntum ~ annum and topether wifh such interesf shall be xecured by tM li~n of tha mat9spe. 4. To pKmit, oort~mit a wffe~ no wasfe, impairmsnt w deterioution of said properfy o? iny part thereof. S. To pay ~11 and sinpu(ar tF~s coats, charyes ~nd expenties, includiny a reasorublt a~orney i fes snd costs of abs~rada of title, incurred w paid at any time by wid MORTGAGEE, b~uuss w in.~he ~v~ot of tFK tailure on the paN of the s~id MORTGAGOR to duly, promptly snd f~lly pe~fwm, d~xh+~ge. execute, effecl, cwnplete, oomply with and abide by each and every the stipulatans, aqreements, conditiaa, •nd co~ena~n of u+d prom~ssory note and thu mor?9pe ~ny a eirhe~. and ss;d cosy, charpes and expenses, e~ch ~nd every, ihall b~ immedistely dus snd payable; whethe~ or not there be r?orice ds mand, mempt ro collect or wit pe~d3ng; u~d th~ i~ll amount of each and ~very suth p~ymeM sh~Il besr intereit from the date thereoi until paid •r the rate of nine per ce~tum per annum; and all said costs, ~haryes and expsnses encwred w piid, together w~th such interest. shall bs secured by Ihe lien of tha mortyay~. 6. That in the wenf of any breach of this Mwtgapr or def~ult on the part of the MORTGAGOR, or (b) i~ the event any of said sw~u of ma~ey herein referred to be not prompfly and futly paid within thirty (30) days ne~ct afrer the same severally become due and p~yable, withovt dem~nd a notice, or (c~ in tM evem esch and every the stip~lations, agreements, conditans and mverunts ot sa~d promisiwy note and th~i mortga~e any w e~ther are not iuly, promptly and fully performad, d~scha~ged. eaecuted, e~fected, completed, compt~ed wi~h and ats~ded 9y, then in e~ther w any svch event the iaid ag gregeta sum menriwxd in iaid p~omiuory note tF~en remaining unpaid, with interest accrued, ~nd a11 moneys setured h~~eby, ihall betome dw and pay- able forthwith, a thereafter, at the option of said MORTGAGEE, u fully and comple~ely as if aH of tFK said sums of mo~ey were wiginally ~upvla~ed ±o be paid on wch dsy, anythirp in ss~d prom~sswy ~+ote a in this Mwtyage to ths tont~ary nofwithstanding: and thereupon o~ tFrcreafter at the op~ion of said MORTGAGEE, without rwtice or demand, suit at law or in eqvity, there(o?e or thereafiH begun, may b! prosetuted as if all moneys iKV~ed hereby . had m~tured p~ior to ib instit~tion. • 7. That in ths event that at the beginning of w et any time pending any wit vpon thi~ 1Nortgagr, a to fweclose it, or to reform it, o? to enfwce payment ol any cta'uns hereunder, said MORTGAGEE sha!1 apply to the Covrt having jurisdrction thereof fw the appointment of a Reteiver, such Cou?t shall - forthwith appoiM a receiver of said mortgaged prope~ty all snd sing~lar, includ~ng all and singular ~Fve income, prolits, issues and revenves from whatever sovrte derivtd, each ~nd every of wh+ch, it be;ng expressly understood, is hereby mortgaged ss if specifically set fath and described in~the granting And habendum clavses hereof, u~d such Receiver sF~alf have all the broad arxJ effective funa~on~ and powers in anyw~se entrusted by a Court ro ~ Receiver, and •uch appointmcnt sh~t( be made by such Court as an admitted eqvity and a matter of absolu?e right to said MORTGAGEE, and without reterence to the adequacy p i~adeqvacy of the vatue of the property morfgaged w to the solvency or inwlvency of said MORTGAGOR or the defendants, a~d that such renrs, profits, i~+cane, iuues and rwenves shall be applied by such Receiver according to the lieu? o~ equity of aid MOR7GAGEE and the practite of such CouA. &?o duly, promptly snd fully pe~fwm, discha~ge, execute, efiect, complete, comply with and abide by each and every the stipulations, agreeme~ts, conditwns ar?d covenants in said promissory note and this mortgage set forth. 9. That in the event the ownenhip of the mortgaged premises, a any part thereof, becomes vested in e penon other than the MORTGAGOR, ths MORTGAGEE, Fri successors ~nd suigns, may, without notice fo the MORTGAOR, deal with svch successor p sutcessor in interest with reference to this matgsge and the debt hereby aecured in the same man~er as with Albrtgagw without in any way vitiating w dixharging tlx Mwtgagors' liabitity htre- under or ~pon the debt hereby secured. No sale oF the Fremises hereby mwtgaged and no iorbesrance on the part of the MORTGAGEE w its sutcesson or assgns snd no exfension of the time fa the payment of the debt hereby ucured given by the MORTGAGEE or its ~uccessors or asi~gns, ahall operats ro rclease, discharge, modify change or affect the original liabil~ty of the MJRTGAGOR herein, eithar in whole or in pa~t. 10. It is specifically agreed that . time is oi the euence of this contract and that ~o waiver of sny obligation hereunder or of the obligstion fe- cured hereby shall at any time thereaHer be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the fwego:ng rnonthly payments of princ"pal and interest required by the promissory nore secured hereby, morigagor tove~ants and sgrees to pay to mortgagee with each mo~thly payment an addiriw~sl sum estimared by mortgagee to be equal to 1%12 of the annual cost of the follow- ing: , ~ ' A-Alt ieal property taxes kvied or asxssed agai~st the above described real esqte. , B-Premiums on fire and windstorm insurance as ixrein requ:red to be carried on the improveme~ri situate on the above described premises. C-Premiums on such mwtgage gwranty insurance as mortgagee shatl f?om time to time deem fit to wrry on the loan secu~ed he~eby_ Mortgagee shall from time to time notify mortgagpr in writirg of the amount due and payable hereunder and suth svm shall thereupon be due and Fayable o~ the due date of the next monthly payment and eath successive month thereafter urtil mortgagee shall notify mortgagw of a cha~ge in soch amount. Such sums shall be applied by matgagee toward tl?e payment of real property taxes, inswante p~em:ums, snd morfgage guaranty insurance premiums. _ IN WITNESi WHEREOF, tlu id MORTGAGOR has hercunto xt his kand and seal the day ar~ year fint oresaid. ' ned aled deliver in t~e pr of: % 1% ~ A~'~ . , l e fILfO AN~J RECOROEO +h St. ~UCIE,~4UMTY FLA. ROC~~ FJt~R~S ,,A~' ' 0 CIE~K C"~~'J:T COI:RT `1' Cathar~ ine A. Thrall ~D~ RF~~F;~ Yt;. ,-.T~ ~SeaQ COUNTY OFOR'DA gt . Lue i e i ~ 19 AH '7 3 ! 256009 setore me penonal~y appea.ed i~ArfAld K. ~1~''81I and ; Catherine d. ~12'Q1~, his wife, to nie well known and krawn to me to be ! rhe Fnd;vidusls desaibed in snd who exec~ted the fweyoiny irutrvmsnt, and sdcrwwledgad before me that they executed the same for tl+e purposes ~ rherein expressed, And the sa~d Catherine A. ~Lall ; wife of ths said ~1181(~ M. ~1~811 ~ upon a separate snd pirvst~ examination by me taken separate and apart from her said fwsbsnd, ~knowledged fo and before me that she execvied ssid instrument frealy asd volurr ' ~a~ely amd witF~ovf iny compvlsion, constraint, appreheni ~ or fear of w from her aid husband. - ' ~ WITNESS my hand snd official seal this day ` q'~~ ~ y , - tary Publ'K in and for t State of ~i: pe ~ y Commiuion etpiret: r f . i Retum To: % ~ , : , . • n - ; Firtt federal Savings b losn Association (~ARY p~J6j,Ie.:S[ATB~e/ FLgRIDA $ LAR~ ~ i Of Fort Pcerce. MY COMMISSI. EX+'(~S ~EC. 29.:1~5~ Fort Pierce. Florida 8onded 7h~u Ga~,~~•J~aTirsnce t,~der3.i~~ ~ ~ ....-•~~~C ~~2? . t ~ y• J~J ~ ~~''•,;~''r:iA~E ~ This Instrument Prepared By J. H. Roberta ~ Jr. ~~~~~~~~~~"",,1 ~ First Federa! Savings b loan Assouation of Fort Pierce ~ F1or i da t Checked By 600K 214 PAGf : ~ E ' - _ ri p, -•~~a°`i,~,~ ',sa.,. ~ J~ ~ `~„%rt- ~r"a~"'~~. - ts,~t --~s^: ~ ;~s'~;,_~ F _