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Home My WebLink About1459 3. To pix~ and continua;sly kcep on ihe bu~!d~~gs now a heresite~ siiuate on sa7d land snd on all equ~pmero and personally covered by ~~i~ matg~ ' sge, with all premivmf Ihereon pa~d in (ull, fire insuronce in the ~suat stu~dard pol~cy foam, in ~-sum app~oved by Ihe MORfGAGfE, and windstam ~ in:v~anc~ in ~M usua~ ~tanda~d pot~cy form, in a sum approved ~y tl~s ~AM~RTCsAGEE, in ~uch company or companies as ~he MORTGAGEE rrNy d~reut ~~?d all (iro and w~ndsro~m inwrancs poGuei on any of said bviid~npi, any iot~reit therein w part thereof, in the aggreya~e tum ~foresaid or in exceu Ihereof, sMU contain the uswl slandard morega9ee cisuse o~ suth other clause as tha Mortpagee may roqwre, makinp the los~ uneler sa~d polr c~es, each and every, payaole to teid MORTGAGEE as its inie~es~ may appeu, s~xl each a~d every iuth polity ihall be prompfly ass.gned ~nd de:ivared fo +ny held by said MORTGAGEE as turther secur~ty ~o sa~d mw~page deb1, and, not leu tha~ la~ (10) days in advance of tM expirstion of each pol~cy, fo da liver to seid MORTGAGEE a renewal thercof, togethe~ wifh a?eceipt fw the premium of such renewal; and ~here shall be no f~re o~ wind~~orm ins~rancs plac~d an any o( said bvildings, any interest therein w part lhereof, vnleas in the form and with tM lou payabte as aioresaid; and i~ the evenl a~y sun+ of monty becwnes payable under ~~ch poficy o~ poltcies said 14tORTGAGEE sAall Aave the opt~on to ~eceive and apply the same on accounl of the indebted- neu setured hc~eby u to permil said MORTGAGORS to rKeive and u~ it or any part thercwf tor ouicr pu+~osrs, wit'rwut th>~cu~ wa~~ing or unpair- ~~9 +~y equ~ly, li~n or ~ight under d by virtue o1 this mortgage; u+d in the eve~i ss;d MORiGAGOQS shall fw any reason fail to keep the said premises fo insured, or fai) to delive? promptly any of uid policies of insurante fo said MORiGAGEE, or fail p~omptly fo pay fully any pre~nium there(a or in a~~y 4 respea fail fo pe~lorm, dixharge, executs, eftotl, compfete, comply with and abide by this cove~ant, w any part hereoi, said MORTGAGEE may place and ' pay ia suth insurance a any part thereof without w~ivirg w affettin~ any option, lien, equity, or i;ght under w by vi~tue oi this Matgaye, and tlx iull amount of eath and evsry such paymcro shall be inw»ediately dus and payable and shall ~ear interes~ from ths date thereof until paid ~t the rate ol n~ne per centum per e~num and to~eihrr with such interest shail be secured by tM lien of this mortgage, 1. To pe~mit, commi~ or wffer no waste, im~. irme~t a deterarstion of wid property a any parl t1~e~eof. 5. To pay atl and sinpular the cosb, charg_s .,r~d e:penseL ~nctuding a iessonable attaney i fee and costs of abst?acts of tiNa, incu~red or paid et any t3ma by sa3d MORTGAGEE, becauu or in the event of the failure on Ihe pa~t of 1he said MORTGAGOR to duly, promptly and fully pertam, dixha~ge. execute, effeN, complcte, comply w~th and ab:de by each and every the stipui~nons, agreenrents, conditions, and covcnants of said promissory ~ote and this mortgegs any w aither, and sa~d cosn, cMrges +nd e:penses, each and evcry, sMll be immedia~ely due and payable; whether o? not ~here be notice de~ mand, attempt to collKt or suil pe~dinp; aod ~he fvlt amou~t of each end every such paymtm sMlt be+r intere:t from Ihe date Nxreof until paid at the .aie of nine per centum per annum; art~! all said costs, ci~a:yea and expar.ses ir~tuued or paid, together w~th such interesf, shall be secured by the lieo of this matgage. 6. That (a) i~ the event of any breach of this Mo~tgage a deiault on the part of the MORTGAGOR, or (b) in the event any of said iums of money herein ~eierred to be not promptty and fvlty paid wiehin th~?ty (30} days neaet after the same severaily become due and payable, wifhou~ damand a notice, or {c) io the event each and every the stipulstions, agrremcnts, condltions and coveoants o1 sa~d promissory note and th~s rtwrtgage a~y or eilher a?e not f ~uly, promp~ly and (ully performzd, d~acharged, executed, effected, compkted, compi~ed with and ab~ded Sy, then in e+ther a any svch eveM the ~sid a¢ gregate sum ment~oned in said promiuory note then remaining unpaid, with in~e~est accrued, and all mo~eys secured hereby, shall become due and pay- ab:e forthwith, w thereafter, at the oprion of said MORTGAGEE, as fully snd completely as if all of the said wms of money were w~ginelty :t~pulated to be paid on sucA day, anything in sa:d prom~ssay ~ote w in this Mwtgage to the contrary ~ofwithsranding; and thereupon w thereafte~ at the option of sa~d MORTGAGEE, without not~ce or demand, suit at law or in equity, iherefore w tFKreafter begun, may be prosecWed as if atI mw~ey secured F?Neby nad mawred pnor to rta ;nstitution. y 7. That in the event that at the beginning of or at ar~y time pend;ng any s~it upon this Mo~tgage, or to fweclose it, w to refwm it, or to enfores payment of any claims hereunder, said MORTGAGEE shall appty to the Court having jur~sd~ction Ihereof (w the appointment of a Receiver, such Court shall forthwith appoint a reteiver of said mwtgaged property al! and singutar, inctud~ng all and singula~ the sncome, p~olifs, issues and revenues from whatever seurce derived, exh end every of wh~ch, it being expressly unders~ood, ia hereby mongaged as if spec~fically ut fwth and described in the graniing and habendum ctauses hereof, and such Receiver shall have all the broad and effective funct,ons and powers in anywise ent~usted by a Covrt to a Receiver, and s_ch appointment shall be made by strth Court as an admitted cqu~ty and a maner of absotuie right to said MORTGAGEE, and without refererxe to the adequacy or inadequacy of the vaiue of the property mortgaged o~ to the so:venty w insolvency of said MORiGAGOR ot the defendants, and that such rrnrs, profits, income, issues and revenues shafl be applied by such Receiver accwdin9 ro the lie~ or equity o1 said MORiGAGEE and t}~e praciice ol such Court. 8. To duly, promptly and f~lly perfwm, discharge, execute, effect, complete, comply w~th and abide by each and every tFK stipulations, agreements, conditiorts and covenants in sa~d promissory note and this mortgage set fwth. 9. That in the event tF~e ownership of the mwtgaged p~emixs, or any part thereof, becomes vested in s perwn other tF~an the MORTGAGOR, the A10RTGAGEE, ite succruors and assigns, may, without notice to the MORTGAOR, dea! with such successor a successor in interest with refrrence 1o this morrgage and the debt hereby sccured in the sarru manner as with hlortgagpr without in any way vitiating or dixharging the Mortgagors' iiabi?ity here- under or upon the debf hereby secured. No sale of the premises hrreby mwtgaged and no fo~bearance on the part oF the MORTGAGfE w its suctessws or assigns and no extens~on of the ~ime for the payment of the deb~ hereby secured g~ven by the MORTGAGEE or its successws or assigns, atiall operate to release, discharge, modify change or a(fect the origfnat liabitity of the MORTGAGOR here'm, eithe~ i~ whole a in part. 10. It is :pecifically agreed that time is of fhe essente of th;s contracf and that r.o waiver of any obligation hereunder or of the obligat'pn t~ ~ c~red hereby ahall at any time thereafter be he:d to be a waiver of the terms hereo( a-of the instrument secured herby. i 11. In add;tio~ to the 4wego:ng monthly payments of princ'pal and intere~t reGu~red by the promissory noie secured hereby, mortgagor covenanfs ~ snd agr~¢s to pay to mo-tgagee with each monrhfy payr.~ent an addr;artal sum esrmated by mortgagee to be equa{ to 1/12 of the annual cost of the foUow- :~g: A-A!I ~eal property taxes lev~ed or assessco against the above described real estate. . ~ B-Premiums on fire and windsrorm insu~ar.ce as here~n requ;red to be carried on the improvertfents situate on tlx above describe~ premises. ~ C-Premiums on such mortgage g~a~antx ir.sura.~ce as mortgagee shal! f.om time to time deem fit to carry on the loan secured hereby. j Mortgagee shail f~om rime to time ~orify mortyagor in w:ii:reg of the amo;int due and payable hereunde? and such surn shall thereupon be due and : ~,able on the due dare of M> next mo~th:y payment and eath successive month thereafter ur.til mwfgagee sha? notify mvrtgagw of a change in such :^ouro. Such sums sFait be app?ied by mortgagee Toward the payment of rea) p.•eperiy ta:es, insurartce prem;ums, and mortgage guaranty insurance i nremiumi. IN Y1ITNESS WHEREO~, the said MORTGAGOR has here~nto set his har.d and seal the day and ar first afwe id. ~ Signed, Sealed and deiive~ed in the presence of: ~ ' a4 s _ :.a3~~..,., aland O Ba la ~a~ - e~ ; , - ~Uu es A. Barc2ay ~~ai) } STATE Of ftORIDA ~ ~ COUNTY OF ~~9Q ~ ~ ~ BdrC18V } Before me personally appeared Lealand O. e~ ~ Agnes A. y ' BarCla his wile, to me well known and known fo me to bs ~ rhe individuals described in and who executed the foregoing instrumMt, and adcnowledged befwe me that they executed the same fw the purposes ~ rherein expressed_ Md the taid Agnes Barelay : Leala~d O. Barcla w~fe of the sa;d y upon a separate snd priwro examination by me taken separate and apart trom her said hvsband, etknowledged to and before me thet she executed said instrument freely and volun- !a~ily and wiihout any compu!s:xi, constraint, apprehens:on, ,pr~~ar of or from her s~d husband. " WIThE55 my hand and official seal this day of ~ A. D. 19 ____.J / `M ' 73 ~ ~ ~,~e, , G , ~ . Notary Pubtic in and Ior tbe St e of f{orida at larya My Commiuion expires: Retum To: ~~p~~ - 9 ~ ~ a~wli ' ~ Firsl Federal Savin s b loan Associat~on r Of For~ P:e~ce. ~(;pMMISSION E.XPIRES NOV, 30: 1~}Z3 ~ 3 wNOm n+au ~v w oi~aNOr~c~. i~ fort Pierce, flar7da ~~09 `fNllit///r~ - ~ 4 `r ~ ~ ~ ~ ' ~ ~ £~v _ ~JL ~ : % 'y t' This t~strument Prepared By Gary F. fill~rood 5~! ~L,'.~ _ `E'•" ~ ~ ~ L~ ~ •f .t~ ~6 i . ~ •,i~ flA. First Federal Savings & Loan Association q, : _ : ~ : • J r : ~ : of Fort Pierce , Florida :s.a ; .i . i' .'~j ~ : O'-i~ ~ : c_ _ ~ c . . - - , - , ~ . r-~---- , • _ ; v = . Checked BY ~ f ~ ' 'c ~ ~luN 1~ y 3? Q~l 1~ r~ s tt~~ L°..~~' ` . ~ R ~ rafF1456 ~~o~ 21 . . sb - ~ ~ : - ~ ~ ~ J ~ ; - ~ ~ ,~°'s-.a"rwr.~.. a,~....~..:~.3' r. . _t '~s4'a~~`