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Home My WebLink About2834 i J. To piac~ and continuously keep on th~ bvi!di~ps now a 1+~r~af~N uwaq on ~~id I~nd snd on ~II puipm~m ~nd pasonally cov~r~d by ~his ma~¢ p~. with all prtmivrry Ihtrtw~ pa~d i~ fu11, fir~ inturance ie? th~ ~iu+l st•ndud policy fo~m, 4+ a sum approv~d by tM MC~RTGAGEE, and winditorm inivruKe in tM uiust aandard pol~cy (o~m, In a ium ~pproved by tM MORTGAGEE. ia ~uch comp~ny w compu?ia a ~M MORiGAGEE n?~y duK/j ~nd ~II (ir~ ~nd windi~o~m insurance polkbs on ~ny oi aid bufld~np~, aoy totK~~t tMr~in a put the.wf, i~ ~h~ +qyreyat~ sum ~for~said a in ~xc~u ~hsr~of. sMll ca+tain the uswl ~tandud matya~ clause a such o~hu tl~~s~ a tM MwtppN m~y rpuu~. en~kieq tfw b~ u~der sa~d po1F ci~s, each ~nd avKyr, payabl~ ro s~id MORYGAGEE as iti ;nierest may ~pp~ar, ~nd each and ~vay iuch policy shall bt promptly aa.pned and dNivered to ~ny Mld by said MORiGAGEE ~s fur~h~r iecu~;ty ~o uid ma~9ag~ deb~, and, no~ less t1?~n t~e? (10) days In ~dv~nce of tM ~xpira~ion oi ~ach poticy, to dr liwr ro uid MORiGAGEE • renewal tMr~of, ~ope~hN wi~h ~ rKeipt for the pr~mium of wch ~en~way ~nd ther~ sh~ll b~ no f~r~ a winds~am iniu~~nc~ pl~ad oe~ ~ny of said bvildinps. ~ny inte~est thsnin w p+rt th~reof. ~nleu in the form ~nd witF? th~ loss payabl~ a+}or~t+idt a~d in th~ ~vent ~ny sum of mon~y becomq payaW~ unda such policy or policies uid MORTGAGEE ahall Mw tM optan ro recaive e~d ~pply th~ sarrM on ucaml of ~hs indebted- +~eu secwed M.eby a b pam;t said M4RTGAGORS ro receive and us~ it a•ny parf the~eof tw oiher pu~posei, without thaeb~ waiving o~ unpak- iry any equity, lie~ w rigM ~nde? w by virtw of thii mortyage; ~nd in tM ~vent ~s~d MORTGAGORS thall for ~Ry ieaw~ fail ro keep ths s+id p~tmises w in~u~nd, a fail to dsliver promptty any of said policies of inswancs to ~aid MORiGAGFE, a f~il promptly to pay fully ~~y premium therefw w in any re~pecf fail b pK(wm, diuMrge, executs, effect, complete, comply with ~nd +bid~ by thw townant, w any par~ hereoi, ~ak! MORTGAGEE may pl~ce ar+d pay (a wch irqurance or any part thereof without w+ivirg or affectinp ~ny optiay ti~n, equity, ar riyht w~de~ or by vinw of this Matpspe, snd tM full amo~nt of tach and swry such paymenl ahall bs irtu~ed~~tely dw ~~d payabk and shall bear intaesl from the date theraof ~n1it paid at th~ rate ol • n~n~ pa centum pet annum and togethe~ with such interest shall be secured by the lien of thii mortgsge. 1. To pe?mit, commit or suffer no waste, impairme~t or deteriontion of said prope~ty w any pul iheraof. _ S. To p~y all ar?d si~yulu the costs, charpes and expanses, includirg a rtasorwble attomey i fee and costs d sbitracts of titl~, incurr~d o~ paid at 3 any tima by said MORTGAGEE, bacause ot 1~ the event of tM failwe on the part of tM said MORTGAGOR ro duly, promptly ~~d f~lly perfwm, diuharge, ~ execut~, effect, ~omplero, comply with and abtde by eacfi and every the stipuls~ions, sgreeme++ta, conditions, ~nd covenanK oF ~aid promissory note and this mortgage arhr or either. and sa~d costs. ch~rges and experues, each and every, shall be immediatety due and psyable: whether a oot the.e be notice de mand, ~tttmpt to colletl or wit pendingj sr~d Ihe full smwnt of each and every such paymenl shall bear interesf from Ihs dete tF+e~eof until p~id at the rate of nine per centum per an~zum; and aii said costs, charges and expensei incurred p paid, loge~her with suth interest, shall b~ secured by ~he hen of rha mwty~ye. 6. That (a) in the event of any breach of tAis Mortgsye or default on the part of the MORTGAGOR, a(b) in tM ere~t any of sa~d sums of money herein refer~ed to.be not promptly and f~lly paid within thirty (3W days nex~ afror the same sevaally becom~ due arxl payabk, without demand or notite. or in the eve~t each ~nd every the stipulatiais, agreement:, cond~ti«u and covenana of sald promissory note and th~s mwtgaye ~ny w either are not iuly, proinpHy ~nd fully performed, diuharged, executed, effected, completed, compl'~ed with and sbided by, then ie? either o~ any such event the said aQ~ gregaM :um ment'aned in said p~omissory note tF~en remaining unpaid, with interest accrued, and all mo~eys secured hereby, ahall become due ~nd p+y- ~ able fathwith, or 1F1l~NFtN, at the optior~ of said MORTGAGEE, sa fully and comptetely as if all of the wid wms of mo~ey we~e oiigin~lly stipulatcd ro be paid on suth day, anything in said promiuory note or in fhis Morfgage to the cont?ary notwiths~andirg; and thereupo~? w thereafter s1 the option of said MORTGAGEE, withouf notice w demand, suit at Isw w in equity, therefwe or thereafter begun, may be prosecuted as if all moneys secured hereby " had matu~ed pnw to iri institution. 7, That in the event that at the begin~ing of or af any time pending any suit vpon this AAo?igage, or M fweclose !t, or to reform it, or to enfo?cs payment of any claims Aereunder, said MORTGAGEE shall appiy to the Court hsvirg jurisdictio~ thereof fw the appointment of s Reteiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singufar the income, profits, issues snd revenues from whatever source derived. eath and every of wh;ch, it being expreuly understood, is hereby mortgaged as if specifically set fwth and destribed in the qranting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Cwrt to a Reteiver, and :~ch sppoi~tmeM shall be made by wch Cou?t aa sn admined equity and a matter of absolute right to wid MORTGAGEE, u~d withwt reference to the ' adequacy w inadequaq of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR p the defendanri, and that tuch { rents, profin, irxarx, iuues and revenues shall be applied by suth Receiver sccwding to tF~e lien or equity of said MORTGAGEE and the practice of such Covrt. 8. To dvly, promptly and fvlly perfo.m, discharge, execute, effect, complete, comply with and abide by each and every ths s~ip~lations, agreements, condiiwm and covenams in said promissory note and this mortgage set fath. 9. That in the event the ownership of the, mortgsged premixs, w any paA thereof, becomes vestcd in s penon other tkan the MORTGAGOR, the r MORTGAGEf, iri sLtcesso?s and auigns, msy, without noGce to the MORiGAOR, deal with such successor or successo~ in interest with reference to this mortgage and• the debl hereby setured in the ssme mannet as with Mortyagw without i~ any. way vitiatiny or distha~ging the Mortgagors' liability Ikrr i under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successws or auigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its iuccessors w astigns, shall operate to rclease, dixharge, rtwdify change or affett the wiginal liability of the MORTGAGOR herein, either~ in wlwle or Fn part. i 10. It is specifically agreed that fime is oi the esxnce of this contrad and that no waiver of any obligation hereunder o? of the obligation se- ~ cured heteby ahall at any time thereafter be held to be a waiver of tht terms hereot a of the instrument secured herby. ~ 11. In additio~ to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mortgagee ro be equa! to 1/!2 of the annual cost of the follow- ing: _ A-AII real property taxes levied w asses:ed againsf the above described real estate. B-Premiums on fire and windstorm _insurance as herein requ~red to be carried on the improvements situate on fhe above desuibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby. Mortgagee shaN from t;me to ?ime notify mortgagor in writing of the amoynt due and psyable here~nder ~nd suth s~m :hall thereupon be due and i Fayable on the due date of the ~ext monthly payment and each successive month thereafter urtil morfgagee shall notify mortgagor of a change in such amount. Such sums sF.all be apptied by mortgagee toward tFe payment of real property taxes, insurarxe p~tm:ums, and mwtgage guaranty insurance premiums. _ IN WITNESS WHEREOF, the wid MORTGAGOR has hereunto xt his hand and seal tF~e day and year fi sforesaid. Sgned, Sealed and delivered i~ t r prexnce of: , ~ X ~iSL~ ~ ` ~l ~~I i ~ ~n ~SS Rrancis w. Kna n i ~ n ~ ~ l lf S S Madel3ite D. KnavDp (seaq ' r - t STATE OF N@1~ JQrsey ~ ; couNrir oF _ Ih~ An~frsFy,~C i . ~ eefwe me personally appeared Rraneis W. KILt1pp ~ ~ M~lj~ll~ ~ll~tf~p his wife, to me well known end known to me t be ! ~ the individwls described in and who execWed tF?e faegoing instrument, and aclcnowledged before me that they executed the wms 4or the ptirposes ' i rherein expressed. And the said ~ia@l~l1@ ~13pp - ' S y w~fe of the said Franeis W. KI1St1pp upon • separ~te and priv~t~ { exam~nation by me taken separote and apart from her said h~tband, atkrwwledged to and txfore me that she executed said instrument fr~ely and volurr ~ ter~ly +nd withovt sny canpulsan, constraint, apprehe~on~a fear of or from her said husband. } WITNESS my hand and official seal this day of A. D. 19~~. 3 i ~ Notary Publ'K in and fw the Stete of N at Lar~e ~ Retum To: f14E0 l:NC ~ECVkUE~ My Comm~uion eapira: ..~t~:J,, ~ ; fint Feder~l Savings 3 loan Associatan ST. LU~'E :.Ol:NtY F~A. C~,•~?„ j~;~^~ ~.1ZLLER ° i Of Forf P~erte. CL E OGt~i FG{ T C U R T ~ H~~7 i-~::~_ C.~ .:tY1~~ER$~•'• i fort Pierte. Florida . jj`i~:~E3 `'i~0~ ~ ~ S wi RECbR:, F,,~ , il! ~a L~ K ? 56 1 11'~ } r~~~u~H~:f~ ' ++l - 1 %}~~r~ - ~ V V I~~~ `~y~~j~ r.. ~ ; This Instrument Prepared 8y D. Ir. Halergez : F+rst Federal Savings & Loan Association ' ~ . ; ; 'ti . . of Fort Pierce f I+'la. 58 : ~ ~ i _ . ' !,a • ~ - ~ " Checked By ~ - , ~ ~ , ~ ~~~J~ ~s:~.:~:~~ . ~ a°ocxzl4 ~acc~83i , ~ sb ,i . } - _ _ ~ - - - - - ~ _ - ~ , ; -::~c~> ~