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Home My WebLink About2840 To pl~c~ and conNn~ously kNp on 1M bui!d~npi now a hereaF~er ai~w1~ o~ s~id larw! a~d o+~ ~11 equ;pmant ~nd p~nonally covaed by thi~ matq-- j +p~, with ~II pr~mivm~ tMreon pa~d in tuli, fi~~ i~~vr~nce in the ~~wl iundard policy form. k? ~ ~um ~pprov~d by tF,~ MORTGAGEE. •nd wind~tam : in~w~ce fn ~M v~wl uandard polKy tam. in • ~um approv~d bY ~M M~JRiGAGEE, in such comp~ny a comp~niet q~M MORTGAOEE inay ~ dinctr a~d aN th~ and winditorm in~v~~~p polici~i on any ot s~id buiW~~p~, ~y inqr„t tMain w parf tMreof, in tM +~yre9a~a wm ~fu~said a In ~cets lhereof. shall con~~in tM usual sta~.da~d mor~p+q~ claus~ a such otha claus~ a~ IM Ma~pa~N may rpuu~. makinp th~ losi under ss~d potE citi, ~h a~d w~ry, payable ro said MORTGAGEE as i~s interest may ~pear, ~nd each and ~very avcl~ po1Ky ~hall bs Promptly au yncd and detivared ro +ny held by said J~ApRTGAGEE as furthe~ iecurity lo said matgap~ debt, ~nd, rwt !~u than I~n (10? days in ~dvanc~ of the expiration of e~ch policy, to da liwr ro s~id N10RTGAGEE a r~newa! therpf, topethN with a rKeipl ip tM prHnium oi such renewal; srxl there shall b~ no fire w windstorm intvnnt~ P~+ad on any of ~aid buildinps, ~ny Intaeit ther~in or put thKwf, ~nleu in ~M form ~nd wifh fM tou payabl~ ~i aforeiaid; ~nd in tFN •vent any suen 01 ~non~y ixcan~s payaWe under such policy a policias taid MORTGAGEE sAall hav~ tM option to receive and ~pply Ihe same on ~tcounl o( tAe indebttd- 7 neu iecur~d h~reby p 1o permit said MORIGAGORS to reteive and vH It a any part fhoreof for o~hcr pu~yoaes. w~~hout thar~ o~ wai~i~y w ~mpair- ! Eny a~+y puity, lien w right unde? w by virtue of thii morl~ege; and in tM event si~d MORTGAGORS shaH (or any reason fail ro keep the s~3d premises io inaured, o~ fail to d~liver promptly ~ny of said policies of insurant~ 1o aid MORTGAGEE, or fait promptly to pay fully any premium therefw w in any respecf fail ro pNlwny discharge, executs, effad, complete, comply wirh and abide by thi~ covenant, a a~y part Mreof, ~aid MORTGAGEE m~y place +nd psy for iuch insu~ax~ or ~ny part thereof without waivirg or affectinp ~~y option, lie~, equ~ry, a r'gh~ v~der or by v~rtw of this Mwtpa~e, and ths fuit anw~nt oi each aRd ewry sucA payment shall bs immed'estely dw ~r~d psyabl~ and thall baar interesl from the date thereof ~n~il paid at tM rate of nine per t~ntum per ann~m and together with suth intereat shall be secured by the lien oi this mwtgags. 1. To petmit, commit or suffer no wasts, impairmeM or deleriontion of said ptoperty w ~ny paH thereof. 5. To p~y all and sinpulu ths costs, cMrges and expe.?~s, inctudir?p a reasonable at~wney i fee snd costs oi abstroctt of tiNe, incu~red o~ paid af a~y time by said MORTGAGEE, because a in the ~v~nf of the failure on tha pa?t of th~ said MORTGAGOR to duly, promptly and fully perfam, diichar9~, exccute, effeN, cemplete, compty with and ab+de by e~ch and every ths itipulations, +grcements, conditiwu, +nd cove~anb of said promissory note and this mwtgape pny w eithe~, snd said costs, cM~ges +nd e:penses. each and every, slwll b~ emmediately dus and payable: whether or not thers be notice de~ mand, attempt ro mlkct o? suit pending; uid the full amovnt of esch and every iuch paymem shall bear iMerest f~an the date fi+ereof ~ntil paid at tM rate of nine per ce~tum per an~ium;~and all said costs, charges and expenses inwrred w paid, together with such interait, shall b~ secvaed by the litr? of thd mortyags. 6. That in the avent of any breach of this Mor~g~ge w default on the pa~t of the MORTGAGOR, or (b) io the evcnt any of ssid ~umt of money herein referrtd to be not promptly and f~lly paid within thirty (30) days next after the same severalty become due and payable, witlavt tlema~d o~ notice, or (c) in fhe event each and eve~y the slipulations, sgreemenh, conditions snd covensnts of sa~d promissory note and this mortgape a~y a either are no1 ~uly, promptly ~nd f~l1y perfo~med, d~xharged, executed, effected, completed, compl~ed wi~h and abided by, then in eitlxr w any such evsnt ths aaid ap~ gregate wm mentioned in tsid promissory note then ~emaining unpaid, with interest acuued, and all moneys secured heteby, thall become dve and pay- able forthwith, w thereafter, at the option of said N10RTGAGEE, u fully and comptetely as if all of the wid sums of money were aiyinally stiputated to tx pald on wch day, anything in said promissory ~ote w in this Mortgage to the conuary notwithstsnding; and thereupon w thereafter at the option of ~aid MORTGAGEE, without notice a demand, suit at law or in eq~ity, therefore or the~eafter begun, may be proxcvtnd as if all moneys secured hereby had matured prior to its inititution. 7. That in the event that at the bcginning o; or at any time pcnding any suit upon this Mortgage, « fo foractose i6 w to reform it, a to enforu payme~t of any claims herevnder, ~said MORiGAGEE shall apply to the Court hsving jurisdiction thereof tor the appoi~tment of • Receiver, wch Court shall farthwith sppoiM a receiva of said mortgaged property all a~d s~ng~lar, includ~ng all and ungular the income, profitt, fuues and revenues lrom wkatever wurce derived, esch and every of which, it being exp?essly undenfood, is hereby mortgaged a~ ii apecitiully set forth and dewibed in the graming and habendum clauses hereoF, and such Rcceiver shall have all Ihe broad snd effective furxt~ons and powers in anywise entrusted by a Covrf to a Receiver, end such appointmcnt.shall be matle by such Court ai an admitted equity and a matte~ of absolute right to ssiet MORiGAGfE, and without reference to the adeqvaq w irtadequaty of the vslue of the property mwrgaged or to the sotvency or inwlventy of said MORTGAGOR p the defendants, and that such ~ rems, profiri, income, issues and ~evenues shell be applied by such Receiv~r accord~ng.to the lien w equity of wid MORiGAGEE and the practice of suth ~ Co~rt. 8. To d~ty, promprly and fully perform, discha?ge, execute, effect, cwnplete, comply with and abide by eath and every the stipulations, agreemcnts, condiiwru and covenants in sa~d pramissory note and this mwtgage set fwth. 9. That in the event the ownenhip of the mortgaged prcmises, w any part thereof, betomes vested in a person other fhan the MORTGAGOR, tM MORiGAGEE, tri wccesson and ssslgns, may, wirhout notice 'to ths MORiGAOR, desl with such succeuor or successor in interest with reference to thii mongage and the debt hereby se~ured io the same manner as with Mortyago. .without io any way vitiating or dixhar~ing the Mortyagon' liability here~ i unde? p upon 1he deDt hereby secured. No sate of the premises hereby mortgaged and no forbearance on the pa~t oF the MORIGAGEE or iu sutcessors ~ or auegns end no eatcmion of the time for the payment of ths debt hereby securcd given by the' MORTGAGEE or i1s watetsors or auigns, shall operat~ ro release, dischar~e, modify change u affect the wiginal lisbility of the MORTGAGOR hereiry either in whole or in part. . 10- It is specifically agreed that time is of the easence of this contract. a~d that no waiver of any obtigatan hereunder or of the obligation tr wred hereby shall at any time tlkreaf/er be held to be a waiver of the terms herlof or of the insirumeM secured herby. 11. In add~tion to the forego:ng monthly payments of princ'pal and interest requ~red by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monrhly payrnent an add~tional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ir,g: A-AN real propertY taxes lev;ed or asses:ed agai~st the above described real estate. . ; B-Premiums on fire and windstorm insurar.ce as her¢in requ~red to be tarried on the improvemerts situate on 1F~e above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee snall from t~me to time deem fit to carry on the loa~ secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hercurtder and svch sum shall there~pon be due snd payable on the due date of tha next monthly paymeM and each successive month theresfter ur.til mortgagee shall notify mortgagw of a change in such arnounl. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mongege guaranty insunnce ! premiums. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto ut his hand a~d seal the day and year first afaesaid. ' nad, Sealed and deliv in the presence of: X ' .n Wil ' a J. bY, d ~,p ~ s~ - Donna M. Kibb ~,n STATE OF FIORIDA ~ COUNTY OF St . L UC 1@ u- Before me personally appeared ~dillian J. Kibby,. III ~nd DO]1Y18 M. Kibby his wife, to me well known and known to me to bs the individwls dexribed in and who executed the foreyoirg instrument, and acknowledged before me that tF~ey execuTed the same for tl?e purposes therein ~xa~kd. a~d r?K :a~a Donna M. Kibby w~fe of the sa;d W~11~8L~ J. K1bbY. TII upon s separate and pr'rvat~ exami~aYwn by me taken separate and apart from her sa' husband, adcrwwledged to and beforo me that she executed said instrument freely and voluo- rarily and withovt any computsion, constrainr, apprehe ' fear of or from her iaid husbartd. - WtTNESS my hand and offic;al seal thi dsy of ~ p, j~ W /~-i ~ . N ary Public in end fw the State oi F{orida at'Sirpe' ,My Commiuion expires: ' % ~ - Return To: = C~ : - - i~ ~ ' d . First Fedenl Savings b loan Assotiation - r i ~ R Of Fort Prerte. NOT~ ~A~ ~ ' ~ , ~ fort Pierce. Flwida M~~ ~~~EXP{RES I~IN. 7'••14T/. 6.1ak~~3 (1(y,'i.,~~"; ~•~1i ~ ~~r` i;;. ~r ~~..?t~.,. This Instrument Prepared By Gary F. Ell~rood NtfDRk' a~;,~;~~f~ ~ First Federal Savings 8 toan Association fT. LUC:C ~GUl1~Y F~~ ; ot Fort Pierce Flor ida 2~ , CLEc:R L;-cu~r CC~Rr~ ~s~ ?F~Afr yr:~ :rc.~.~ Checked By ~ ~ 5 3 57 PM ~r~ ~~~~~14 ~~~~2~37 sb y ~ w _ - _ - - - - - - - - - - - s - ~ . , , ~4~~r ~ :r_, -