The URL can be used to link to this page

Home My WebLink About1292 9. To placa and co~tinuously keep on the bui:d~ngs ~ow or heresite. situate on said land and on alt equipment and person~lly covered by th;s mortg- ags, with ali premiums thercon pa~d in full, iire insuronce in the usual srandard pot~cy fam, in a sum approved by the MORfGAGEE, and w~ndsto~m in~urance in tF?e usual s~anda.d pol:cy fam, in a sum approvcd by ~he MORTGAGEE, it? ivch company w companies ~s tMe MORiGAGEE may direct; and all tire ar.d w~nds~orm insuroncs po~~uea o~ any of sald build~nps, ~ny interest +herein o~ pa~t thereoF, in the aflgregate tum aforesa~d or in txcess thereof, shaU contain ~I,e usual standard mutgages dause a such other clause at the Mo~tgagee may requ~re, makinp ~he los• unde~ sa~d poi'r cies, e~ch and evcry, payable to said MORTGAt'iEE as its intereit may ~ppear, and each and every such poiicy ~hall be promptly as~:gned a~d delivered ~o •ny fxW by sa~d MORIGAGfE as tu.the~ secu~ity ro uid rtTOr~gage debt, and, no~ leu th~n ten (10) days in advance of ~ha expiration ot each policy, ~o da IivN to iaid MORTGAGEE ~ renewal thereof, toge~her with a reteipt for the premium of iuth renewal; and there shail be no fire or w~nds~o~m insur~nte placed on any of said buildings, ~rty intereit therein or part the~eof, urileu in ~he torm and with ths loss payabla as aioresaid; and in the event any sum of mon~y becomes payable unda such policy w pol~cies taid MORTGAGEE shall Mve ~he opt~on w receive and apply the same on accouM of the indebted~ n~u securpd hereDy o~ to permil said MORTGAGORS ~o receive and use it w eny part fhereof tor other purposes, wi~hout th>rib~ waf.i~ti~ u~ unpair- in9 any eqv~y, tien or right vndee w by vi~tue of this mo:tgage; snd in lhs event w~d MORTGAGOQS shaU (w any reason fail to keep the said premises so insured, or fail to del~ver prompNy any of said policies of insurancs ~o said MORTGAGEE, w fail promptiy to pay fu11y a~y premium the~elor a in a~y resped fail to perform, d~scharge, execute, effect, complete, comply with and abide by this covenant, or a~y pait hereof, said MORTGAGEE may place a~d pay fw iuch insura~te or any paA thereof withOUt waiving p ef(ectirg any option, lien, eq~ity, w~ight unda w by virtus of this Matgage, and the full amount of each and eve.y such paymrnt shall be ~mrned~ately dw and payabte ~nd sha11 bear interest from the date the~eof unril paid at the ~ara oi nine per cenrum per annum and togethe~ wifh sucb interest shali be secured by the lien of this mottgage, 4. To permit, tommit a wffer no waste, impairment w deterioratio~ of said prope~ty or any parl therMf. 5. To pay all and aingula~ the costs, charges and expenses, including a reasonable at~wney't fee and costs of absrracts of ti~te, incurred or pa~d at any time by said MORTGAGEE, becavse w i~ the event oi the failure on the pan of ~he said MORTGAGOR to duty, promptly and fuNy perfam, d~uharge, ~ execute, effect, complete, comply wnh nnd ab;de by each and every the stipulations, agreemenri, conditions, a~d cavenants of said promissory note and thii mortyage any w e~the~, and se~d costs, charges and expensea, each and e~ery, shall be immediately due and psyable; whe~her er ~ot there be ~oricc dr mand, attempt to collect pr svit pend~ng; artd tha fvll artaunt of each and eve?y such payment shall bea. iMereat from the date the~eof until psid at fhe i rate of nine per cenwm per an~~um; arw all said costs, charges and eapenaes incurrcd or paid, together w~th suth inttrest, shall be securtd by the lie~ of thi~ mwt~sge. 6. That (a) i~ tFee evant of tiny lxeach of this Mortgage ot default on tM part oi the MORTGAGOR, or (b) in t!?e event any of satd wms of money he~ei~ referred to be ~ot prompf~y and fu~ly paid within th~rty (30) days ncxt after the same uverally become due end payabte, without demand or no~ice, o? (c) in the event each and every the stipu{atio~s, agreements, cond~tions a~d cove~wnts of sa~d promiuory note and th~s mortgage any o~ either a~r not ~uly, prompNy and iully perfwmed, d~sc}wrged, executed, effected, completed, complied with and abided by, then i~ either or any such event the said ag- g?egste svm mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys xcured hereby. shalt become due and pay- able (orthwith, w thereafter, af the opt~on of said MOR1GAGfE, as fuily and corr+pletely as if all of the uid sums of money were aiginally st~pula~ed ~ F to be paid on such day, anything in said promiaawy note w in this Morlgage to the tontrary notwithstandi~~g; and thereupon a thereafler at the op~ion of said MORTCaAGEf, without notice or demand, suit at law or in equity, therefore or thereafter [xgun, may be prosecuted as if al! moneya secured Aereby had maturet! pnor to its institution. ; 7. Thst in the event that at the beginn;ng of or at any time pend7ng any suit upon this Mortgage, or to fweclose it, o~ to refwm it, a to e~force paYme~t of any claims hereunder, said MORTGAGEE shalt apply to the Cou?t having jurisdiaion thereof iw the appo~ntment of a Receiver, such Covrf sha11 forthwith appoint a receiver oi uid mwtg~ged propeny all and singular, ir+clud~ng all and singulsr the income, profits, issues and rev~nues from whatever source derived, each and every of whFch, it being expressly undersfood, is hereby mortgaged as if spec;fically set fath and deuribed in the g?anti~g a~d habendum ctauses hereof, and such Receiver shail have all the b~oad and effecrive fu.xt~ons and powr?s en anyriise entrusted by a Court to a Receive., and such appointmen~ shatl be made by such Court as a~ admitted equ~ty and a matter of absolute right to said MORTGAGEE, and without ref~rence to the adequaty p inadequaty of the va?ve ol the property mo~tgaged or lo the soivency or insolventy of said MOR7GAGOR w the defendants, and that such rent~, profirs, income, iuues and revenues shall be applied 6y such Reteiver accord~n9 to the lien ot equity of said MORTGAGEE and the practice of iuch Covn. 8_ To duly, promptty snd fv~ly pe?form, diuharge, execute, effect, complete, comply with and abide by eacfi and every the stipulations, agreeme~ts, ? conditions and covenants ~n aa;d promisso~y nore arr.! this mortgage ut fwth. ~ 9. That in the eveM the ownership of the mortgaged premises, w any part thereof, becomes vested in a perspn other than the MORTGAGOR, the ~ MORTGAGEE, ita successws snd assigns, may, without no+ice to the MORTGAOR, dcal with such succe:sor a successw in interest with reference lo t6is mwfgage and the debt hereby secured i~ the same manner as wirh Morrgagar without in any way vitiating or discharging the Mortgagors' liability hero- under or upon the debt hereby secured. No sale of ihe Fremises hereby mortgaged and no forbearance on the part of the MORiGAGEE w its successors i a assigns and no extension of the time fw the payment of the debt hereby sec~red give~ by the MORTGAGEE or ifs successors or assigns, ahall operate ro release, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORTGAGOR Fxrein, either in whole o? in part. 10. It is specifically agreed that time is of the essence of this contrad and that no wsiver of any obligation hereunder or of the obligation se- tured hereby shall at any time thereatter be held to be a waiver of ihe terms hereof or of the instrument setured herby. 11. In add~tio~ to the forego:~g mon~F~ly payments of princ'pal and interest required by the promissory note secured hereby, mortgagar covenants and agrees to pay to mo:tgagee with each morohly payr~em an add~~iona! sum est~mated by mortgagee to be equal to l;`12 of the annual cost of the follow- ing: A-AI! real property taxrs tevied or assessed agaieis! the above dezcriyed real es;ate. 6-Premiu~ns on fire and windstorm insurance as herei:i requ~r~ to be ca~ried on !he improveme~ts s':tuate on ihe above dest~ibed premises. ( t-Premiums on such mortgage g~aranty insurance as mortgagee sha~l from t~me to time deem fit to carry on the loan secured hereby. { Mortgagee shall from time to time notify mo~tgagor i~ writing of the amount due and payable hereunder and such sum sha~l thereupon be due and payable on thr due date of the next monthly payment and each successive month thereafter ur.ti! morigagee thall notify mertgagor of s change in sucb amount. Such sums shall be appiied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mwtgage guaranty insurance premiums. IN WITNESS YVHEREOf, the said MORTGAGOR has hereunro ut his hand and seal the day and year irst afwesai . ' Signed, Sealed and delivered in the presence of: Seaq I (Seaq ~ ~ Seaq I ~Sean l I STATE OF FLORIDA ~ COUNTY OF _ St _ LLC i P ~ 8etort me pe~sonally appeaied 11 e B. We ek s i snd ~ ~}/ttl .1. Weeks his wife, to me well known and known to me to be ~ the i~dividvals desuibed 'en and who executed tF~e foregoing instrument, and acknowledged befwe me that they eaetuted the same for the purposes ~ there~n expressed. And the sai~ ~yth ,7. Weeks t wife of the said ; ~ 01 ~ 1 E' R. Week s upon a upsrate and private ~ ~ exam;nat~on by me taken separate and apart from her said husband, acknowtedged to end before me that she execvted said instrument freely and volurr ~ ~ tarily and w~thout any tompulsion, constrain~, appre aiaty or fear of w from t?er said husband. V11~ WITNESS my hand and officiat seal thi day of JunE'- A, D. 19 ?3 ~ I ~ j Notary PubGc in end for the tate of flwida at lsrge ~ Return To: My Commission expires: ~ First federal Savings 6 loan Association ~ I OF Fort P:e:ce. !V~iARY FU8t1C, $1ATF ~t F10RlUA a[ LA;i&f ` 1~~ ~ Fort Pierce. Florida /?s~O~ vOti!'..itS`Ii;Y tX?IKfS IAN. 7, i9(~ ~ '`S ~ O :,a~:d ily Amrn.ai~ Eiar•~.rs I~surrys~ C~t^'/f!/~fl:. ' • s ~ , J_.~~•~~/i _ i ~~i6, ~i,~ ~ This Instrument Prepared By Rich~rd K. Kayes % ~ { First Federa~ Savings & Loan Association F~iE~ <<N~ ::cp~Rpgp t" v~~;~~ r f of Fort Pierce , Florida $T. ~u";; ,4'JHTY ~F4~~ ~ - ; ~Q . ~ ~ : ~ - ~n~;E ',°tT~AS : v S c~ ~ ~ Checked 8y Clf^~~ r _ ;itii COURT ; ,,B Q ; . P~~+3K^ t~:' • ~is,••. ri'~. ' ~v ~ U R ~uH 16 IZ 22 PN'73 ~cti;~~ ~E;~i : { ' - ~ s~oK215 F~~t1~90 _ _ ~ _ _ - . : . _ ~ : , . _ : ~