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Home My WebLink About1455 J. To placa end continuously keep on ~hs bui:dings now or FKreaiter s~+ustt on sa~d land and on ali eq~~p~nen~ a~d pe~ionatly cover~d by this mort9- ~gs, with all premlums ~hereon pa~d ~n full, f~re insu~ance ~n ihe uauat sundsrd poGcy form, i~ a sum approved by the MORTGAGEE, and w+~ds~am inwrance in tM usual standard poGCy (am, in a sum apprcvad by ~M MORTGAGEE, in ~uch compaoy o~ compa~ies ~s the MORTGAGEE m~y d~?ect; and all fiie ~nd wi~ds~orm iniura~ce policies on any of aaid buifd~n~s, any in~~rait therain o~ parl thereof, in the agyrega~e ~um aforesaid w in ~xcesf thereof, shall contain the uiual standard mw~gapee clause or iuch other ctaua as the Mortyagcs may requ~r~, ma4inp tha Ioss unde~ sa~d po14 cies, each and eveiy, p~yab~t to iaid MORTGAGEE as ~~s in~ereal m~y appear, a~d each a~d every such poticy shall be prcxnptly au yned ~od delivared ~o +ny held by said MORiGAGEE as lurther seturity ro uid malqage dcbt, and, nOt leu 1Mn ten (Id1 days in advance of the e~pirot~on of each policy, to d~- liver lo said MORTGAGEE a re~ewa! thtreof, topc~he~ wiih a reteipt ior the premium oi such renewal3 a~d thare shall be no f~re o? winds~o~m insurance • placed on ~~y of said buitd~ngs, any inte~est therein a part thereo(, unleu i~ the fo~m and wifh the lou payable as afweu~d; and in the event any sum of rtw~ey becomq payable under such policy a pol~cie~ said MORTGAGEE shall have ths option to rece~vs arx! apply the same on ac<ount of the indnb~ed- neu secured hereby a to permit aaid MORTGAGORS to retvivs and use it a any part thereaf lor o:hcr pu~~?osrs, w~~ho~t th~~~-u~ tivaivi~~g or ~mpa~r- ing any equ~ty, lien w right under w by virwe of ~his ma:gage; •nd in the eveot satd MORTGAGORS shalt fw any reason fai! to keep the a~id p~emises so iniured, or fait to detiver promptly any of sa~d policiea o1 insurance to said MORTGAGEE, or fai! prampt~y to pay fully any pre~nium theretw w in any respect fail ro perfwm, discharge, execute, etfect, complete, comply with and abide by thia covenant, or any part herrof, sa~d MORTGAGEf may piace a~d pay fw such insurance or ~ny part thereof wi~hout wsiving ar aFfecting any option, leen, equ;ty, or ?ighf under or b~ virtue of fh~i Matgage, •nd ~he full smount of each ~nd every such payment shall be immediately due a:?d p+yable ~nd ihall bear ioterest from ths deie thereof until paid at tAe rate ol n~ne per centum psr annum and to~ether with such i~terest shall be szcu~ed by the lien of this mortgage. 1. To rmit, mmmit w suffer no waste, im irme~t a deteraratian of said ro ~ pe pa p perty p any part the?eof. S. to pay atl and :ingular the costs, charges and txpenses, including a reasonabte attwney i iee and casts of abstracts of title, incurred o~ paid at eny time by said MORTGAGEE, because w in the event of the failure on the pa~l ot the said MORTGAGOR to duly, promptly and fu11y periorm, d~uharge. executs, effed, complete, comply w~th and ab:de by each snd every the stipulations, agreert~ents, co~difionl, snd covenanrs oC said promissory note and this mo~tgage any w ei~her, and said cosh, chargcs and expenses, each a~d every, ahall be immediately due ar.d payable; whetix~ o? no~ the~e be noeice do- mand, attempt to collect or suit pend~ng; and the i~lt amount of exh and eve~y such psymeM ahall bea~ intereat from the dare the~eof u~til paid at the rare o! nine per centum per an~~um; and all said costs, clwrges and exNenxs intu?red or paid, Iogether w~th such inte~est, shall be aecured by the tien of thl~ moltgage. 6. That (a? in the event of any breach of ihis Mortgsge w defa~lt on the pa?t of the MORiGAGOR, w(b) in the event any af sa:d sums of mor~ey herein refcKred to be not p~omplty and fully paid within th~rty !30) days nexf airer Ihe same severafly become due and payable, without demand o? ~otice, or (c? in the event each and every the stipulations, agreements, conditions anJ covenants of sa~d promiuory note and th~s mortgage any a ~~ther are no1 iuty, prompdy and fully pcriormed, d~uharged, executed, effected, compkted, compGed with and ab+ded by, the++ in e+~}xr w sny such event the sa~d ag gregate sum mentioned in sa~d promissory note thrn remaining unpaid, w~th iMe~est accrued, and atl moneys secured hereby, sfall beconx dve and pay- able forthwith, or thereafter, at the opt~on of said MORIGAGfE, as fully and completety as ii all of the said sums of money were wginally stlpulated ro be p+rd on such day, anything in sa;d promissory note a io this Mwtgage to the contrary notwithstand~ng; and thereupon w thereafrer at the op~ion of said MORTGAGEE, without notice w demand, suit at law o~ in equity, fherefore w thereafter begun, may be proucuted as if all moneys secured hereby j nad matured pnor to its institution. - 7. ihet in the event that at the beginning of w at any time p~nd;ng any sui! upon this Mortgage, w to foreclose it, w to refwm it, or to enforts payment of any claims hereunder, said A10RTGACaEE sha!1 apply to the Court havi~g jurind~ction lhereol for the appointment of ~ Receiver, such Covn shall Forthwith appoint a receiver of said mwtgaged property af~ and singutar, includ~~g atl and singular ~he income, p+of~ts, iuues ar.d ieve~ues from whatever source de?ived, each and every of wh~ch, it being expressly unders~ood, is hereby mwrgaged as if specifically xt fath and deuribed in the granting and habendum clavses hereof, and such Receiver shall have all the broad and effecrive fu~ct.ons and powe~s in anywise entrusted by a Cour1 to a Reteiver, and s~ch appointment shatf be made by such Court as an admifted equify and a matter of absolute right to said MORTGAGEE, and without ~eference to 1he edeqvacy or i~adequacy oi the valur of the property mortgaged or to the soivency or inso~vency of said MORiGAGOR a the cjefendants, and that such renrs, prof;ts, i~come, issues and revenues shall be applied by such Receiver accord~ng ro the tien or equity of said MORTGAGEE ansl the practice of such Court. • 8. To duly, promptly and fully perform, d~scharge, execute, effect, complete, comply wi~h and abide by each and every the stipulatie~s, agreements, conditions and covenants ~n sa~d promissory note and this mortgage set fwth. 9. That in the eveAt tAe owne~:hip of the mortgaged premises, w any part thereof, becpnes vested io a person orher then the MORTGAGOR, the ~ M,ORTGAGEE, its successws and ass~gns, may, without notice to the MORTGAOR, deal with s::;h succeuor or successor in ~nterest w~th reference to this mo.fgage and the debt he~eby secured in the same manner as with hbrtgagar without in a~y way vitiating w d~xharging the RAor:gagors' liability herr under or upon the debt hereby secvr~. No sale of the piemises hereby mortgaged and no forbearance on the part of Ihe MORiGAGEE w its successon o: assigns and no extension of the time ip the payment of the deb~ hereby secured given by the MORTGAGEE or its successora w auigns, a~iai! operate ro release, d~scharge, mod~fy change w affect the or~gmal liab~t~ty of the MORTGAGOR herdn, eithe~ in whole or in part. t0. It is s,:eciiicatiy agreed rhar rime is of the essence of this conrract and that no waiver of any obliga:ion he~eunder o? of the obligaYw~ sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the inatrument secured herby. 11. In aci~Jitien to the fwego~~ monthly paym~ms of pri~c'pal and interesl requ~red by the promissory note secured hereb~, mortgagor covenanh and agrees to pay to mortgagee vvith each monfh!y pay..:ent an add~r~onal sum esr:mated by mortgagee to be equal to 1,.'12 of the annual cost of ihe foflow- ng: A-AU reat prope~ty taxes lev~ed or assezsed against the above desv;bed real estate. B-Prem~ums on fire and windsrorm insa:ar.ce as herein requ:red to be carried on the improveme~ts s~tuafe on ttw ab~ve d~scribed premises. C-Premiums on such rrutgage guaraniy insurar~ce as morrgagee shal: from rime to time deem fif fo carry on the loan secured heraby. Mortgagee shaf! from ~~me to time not~fy mor~gagor in writing of the anount due and payable hereunder and such sum sha~l the?eupon be due and ; ~ ~yabie on the due date of the next month!y payment and eath successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ~ a~:ouro. Such sums shaSt be apptied by mortgagee roward the payme~t of real property taxes, insurance prem.ums, and mwtgage guaranty insurance p~emiums_ IN WITNESS YIHEREOF, the said MORiGAGOR has hereunto set his hand and seal the da°y and year first aforesaid. ~ i Signed, Sealed an delivered in the presence of: ~ L~ - _ +i 5 Seaq ; ~ ~ ~ Hoa~r ~Mi ler Jr. ~ ~ ; ~ i ~ ~ - - - - ~Sean i _ Beulah Millez l~aq j STATE OF f[ORIDA 1 'i couNnr oF St. Lucie i~ F Befwe me personally appeared H~er Mil ler . Ji'~ a~ ` ~ Benlah Miller his wife, to me wel{ know~ and known 1o me to be f the individuats described in and who executed the for instrumMt, and acknoviledged before rt+e that they executed the sarrk fw the purposes rherein expressed. And the sa~d Be~?h~li~ler ~ N~?e of the sa~d HO~r Mille r,` Jr . vpon e separate and private ~ examinaiwn by me taken xparate and apart from her said husband, atknowledged to and before me that she e:ecuted said instrumtnt freeJy and volun- ranly and without any compulsan, constraiN, appre •w fear of or fraeS Fer husband. ~ Yt:TNESS my hand and official seal thi _ ds~i of ~q:; -p, ,~y~~ i • . ~ i ~i Notary Publ~c +n and i the Statt of'flpr{da ~ lsrgd• ` ~ i~ t ~ Retum To: My Cammiuion expirts: - t ` _ ,a. ~ ' . i Fint Federol Sevings 6 loan Auociation _~T '~s ~ ~ 01 Fort P~erte. . , , rr. .'t; ~ v ~ _ ` Fort Pierce, fbrida . ~ _ f4~;~! F1.~c2 ~ - ` ,'~y~ ` , ,~1~ ' . ~.s +..,,,s~;~e i,d•., ~ . , . . //'Ii 4 _ . ~ S ~ r ~ L . ~ - This Instrument Prepared By GaYy F, EllwOOd First FederaT~avings & Loan Association ~,~~~~~ED of Fort Pierce , Florida ftL_~r: ,~,;f„jY ftA. ~ $T LU_ ' Checked ey L~- ClE ~K~ ~-URT ' ' , 25'7091 ; a k ~u~ 9 3~ AH 73 ~ ~ooK 2~5 F~~F 1452 sb ~ - ~ ~ y y : . ~ ~n~+'~ X _r _ ~ • .~+H a y^}i 3' d'~Sa"ieFS-'~` `~,.r i.~~..~i.~ -"S'.~~t'iU r-. ^ - . . , . .:z4 ~y-^ee .i' ~?i'asa..'