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Home My WebLink About1845 3. To placa and con~invously keep on the bu~!dingi now w hereaite~ s;tu+te on ~aid land and on all equipment •nd per~onaliy tov~rad by thit mwt~ age, with all premiums thereon pa~d i~ lull, fire insuranca in the usual st~ndard poticy fo~m, in a!um approvsd by Ihe MORIGAGEE, and winditwm ~~~uranct In ths uswl s+andard pol~ty fwm, in a sum app~oved by ~M 1NORiGAGEE, in tuch company o~ comp+nies ai ths MORTGAGEE may direct; ~~d dl fir~ and wlnd~rorm insu.anc~ poGc~es a+ aey of uid build~nps. ~ny interesl therein or pa~1 tht~~of, in tlw aygre9a~e ium ataesaid w in ~xeeu Ihereo/, ihaN contain ~h~ usual standard mor~flaQee clauss a iuch o~he~ clause s~ IM Mor~yafle~ may require, makinp the lou ur~dN ~~~d po1F cies, each and e~c~y, payable ro taid MORTGAGEE i~i interest may appear, and each and every tuch poliq shatl be prompily a~s 9ned +~d delivered ro •ny held by aaid MORTGAGEE as furlher security 1o taid ~natpafle debt, and, rrot I~u than te~ (!0) days in ~dvance of 1l+e •xpira!ion ot e+ch polity, to dr 11wr to said MORTGAGEE a ~e~ew~l Ihe~eoi, 1o~e~Mr with • ret~ipt fa the p~emium o( ~uch renewal; end lhere shall b~ oo fire or wind~torm insur~nc~ • plated on ~ny o( iaid buildings, any intereil tMr~in p p~r1 Ih~reof, unlea~ in the (orm and with tM tou p~y~bfe as afw~said: and in 1F~ avent any sum of money becpnes payable under such policy or pol:ciss said MORTGAGEE shall Fuve ?M opt~on to receive and apply the same on account of 1he indebted- ~fi secured hereby a ro permif said MORTGAGORS 1o reteivs and u~e N or any part ~hereof fw otFx>~ purposes, withouf th.no~ waiving or anpair- ing a~y equity, Ii~ or right w~der w by virtue of ~his mart9age; and in tht evene w~d MORTGAGORS shall fa any reasan isil to keep the taid p~~mises W iniured, ot fail ro delive! p~omptly any of said policies o) insurance to said MORTGAGEE, w fail promptly lo pay fully any premium therefo~ w in any respect fait ro perfam, discharge, execute, effecl, complete, comply with s~d abide by fhis covenant, w eay part hereol, said MOR7GAGEE may plate and pay fw auch inwrarx~ o~ any part the+eof w~~hout waiving w sffectinp ae?y option, lien, eq~ity, w right under w by virtw of this Mwtgape, and the full amount of each and eve~y t~ch paymenl sMll be ~mmediately due aod py~ble ~nd shatl bear ie+~erest from ths date thereot umil paid at the rare ol . nir~e psr centum per aonum and togethe~ with such interpst shall be secured by 1he lito oi thit mwtpsgt. . 1. To pe~mif, c~ommit or tu(fer ?w waste, impairmeM or deteriorstio~ of said prope~ty p any part lhereOf. S. To pay aU ~nd singular tix costs, tharges and expenses, including s ~casona6le attaney i fee snd costs of abstracts of title, incurred o~ paid ar any time by said MORTGAGEE, because or in the event o( the fa~lu~e on the part of ?he said MORTGAGOR to duty, promptly ~nd fully pe~fo~m, diuha~ge execufe, effect, comptere, comply with and ab~de by each and every the atipulations, agreemenri, cooditiona, and covenanri of said promissory nots and thi~ mwtgage any o~ either, and said cos», charges and expenses, each a~d wery, ihall be immediately dve and payable; wMther or not there b~ no~ice do- mand, attempt to collett p ~uit pendiny; and the fuit amount of each and evc~y svth paymenf shall bea? interest from Ihe date thereoi uroil paid at the rate of n~ne per centum per an~~um; and a!1 said costs, charyes and expenses incurred or psit~, together w~th iuch imerest, shaN be secured by the lien ot lhif mort~age. 6. ihat (a) in the erenl of any brexh of this Mo+tgsge a defaul~ on the part of Fhe 1NORTGAGOR, p(b) in the evenf ~ny of said wms of money herei~ roferrad to be not promptly and fully paid within thirty (30) day~ rxxt after the sarne uve~ally become due and payable, witlwut demand or ootice, or (c) in the eveM each ~od every ~he stipulatiau, agreements, conditions and covenants of sa~d promissory note and th~s mortgaye any or either are nof ~uly, promptly and fulty performed, d~uharged, executed, effec~ed, completed, compiied w~th and abided by, then in e~ther w any such eveM the sald ag gregate sum menYaned in said prom~saory note thcn remaining unpaid, with interest acuued, and all moneys secured lxreby, shall becortro due and pay- eble forthwith, a thereafter, at the option of said MORTGAGEE, ss fulty ard completely as if all oi the said sums of money we?e w:ginally stipulated to be paid on such day, anything ]n sa:d prom~uay note or i~ this Mortgagr to the contrary noRvi~hstsnding; and thereupon or thereaiter al the option of said MORTGAGEE, without notice or demand, suit et law qr in eq~ity, therefwe o~ the~eafter begun, may be prosecuted es if al! rnoneys secu~ed heteby had matuted pnor to ~ts irutitution. ~ 7. That in the lYMt tFwt at the beginnirg of p at any time pending any sult upon this Mortgage, or to fweclose it, or to refam it, or to enfwce payment of any clain,s hereunder, said MORTGAG€E shall apply to the Coun having jurisdrction thereof for the appointmenf of a Receive~, sucl+ Court shall Forthwith appoint s re~eiver of said mortgaged paoperty al! and s;ngulsr, including sll and singular the irtcome, p~of~ti, iuues and revenyes (rom whateve~ source derived, each and every of whtch, it bei~g Qxpress~y unders~ood, is hereby mortgaged as if spec~fically set fw~h aod dewibed in the granti~g and habendum clauses he?eof, and such Receiver shall have atl ~he lxoad and etfecrive funcnans and powers in anywise entrusted by a Court to a Receiver, and :~ch appointmem shall be made by such Cou~t as an admitted equity and a matter of absolute r~gM to said MORTGAGEE, and withoul reference to the adequacy a inadequacy of the value of the p?operty mortgaged or ~o the soivency or insolvency of sa~d MORiGAGOR a the defe~dants, and that such renrs, profits, income, iuues and rewenves slwll be applied by such Recei~eer sccording to the lien or equity of said MORTGAGEE a~d the practice of such COUrt. 8. To duly, promptly and fully perform, discharge, execute,.eFfect, complete, comply with and a5ide by each and every fhe atipu~ations, agreements, conditans and covenants in said promiuwy aore and this mo~tgaga ut torth. 9. Thar in the event the ownership of the mortgaged premisca, or any part thercof, becomes vested in a perwn other tha~ the MORTGAGOR, the ~':ORTGAGFE, its successws and assigns, may, without notice to the MORTGAOR, deai with such successw a succeasor in interest with re(erence to thiu mortgtige and the debt hereby secured in the same manner as with Mortgagur withovt in any way vitiating w diuharging the Mutgagors' liability hera- ~nder w upon ?F~e debt hereby secured. No sale oi the premises hereby mortgaged and no for6earance on the pan of the Mf3RTGAGEE w its successon or assigru and no extension of the time fw the payment of the deb+ hereby secu~ed givsn by the MORTGAGEE o~ its successors or assigns, shall operate ro rdease, d~scharQe, modify change or affect the original liab;l~ty of the MORiGAGOR herein, either in wFwle or in part. 10. h is spec;fically agreed that time is of the easence of this contract and that no waiver of any obligation hereunder w of the obligaYwn se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the initrument xcuret! herby. 11. In add:tion to the forege'~g mor.thly payments of princ pal and interest required by the prom~ssory note stcured hereby, riwrtgagw covenants and agrees !o pay to mo: tgagee w,th each monthty paymeN an add~~ional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the fo~low- ~ng: A--AII reat property taxes levied or assessed agai.nst the above described real estate. B-Premi~ms on iire and windstorm insurance as here~n requ~red to be carried on the improveme:+ts situate on the above described F~emises. C-Premiums o» such mortgaye guaranty i~surar.ce as mortgagee shatl from nme to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time no~ify mortgagor in writing of the arr.ount due and payable hereunder and such sum shall thereupon be due and f.ayable on the due date of the next monthly payment and each successive monfh thereafter urtit mo~tgaget shal! notify mortgagw of a change in such a~,ount. Suth sums shakl be applied by mortgagee toward the payment ef real property ta:es, insurance prem:ums, and mwtgage guara~ty insurance p~emivms. IN WITNESS WHEREOf, the said MOR7GAGOR has hereunto xt his hand and seal the day and year fi~st afwesaid. ' ned, Sealed and deliver ' fhe prescnce of: - z 'L':~.~"' ~za4 (Sea4 i ' (Seaq - V ~,q I STATE OF FLORIDA ~ ~ COUNTY OF $t . Luc ie ~ ~ ~ i Before me personalty eppeared Mark 8. $t@V@11s a~ ; B@tty $tQV@DS hi~ wife, to me well known and known to me to be E the individuals desuibed in and who executed the fwegoing instrument, and acknowledged before me that they e:ecuted the same fw the pwposes ~ rherein exp~essed. And the said Betty J. $t@V@IIS ; w~fe of the said watk g Stevens upon a separate end private i examinat~on by rtu taken sepa?ate and apan from F~er said huaband, acknowledged to and before me that she executed said instrument freely aid vol~n~ } rarily and w~thout sny compulsian, constraint, apprehension, or fear of or f r said husband. ; " WITNESS my hand and official seal this ZD'tt1 day of J~@ 7~" ~k.:~-19.~..r-. ~ i" i,:t..:~::.y • Notary Public in and fw the State of f td ai ~.ar~e~ ; MY Canmission expires: ~ ~ ~ = Return To: - 7_ 77 = ~ a~l --,jn., ~ First Federal $avings 3 loan AssociatEon j i Of Fort P~erce. - ' t'J • } ~on 'rierce, fivriue 'ti'~ • "•.iC . GIUF'.~v3-3~.!?-r?!~~~ 0 v ~ . . - ~ ~ /I-: - - ; . ~ ; ..i , ;.~`y - ~ l ; r,- - ~~~~'f,•~% ••....••~~(~~i ~ This Instrument Prepared By Gary F. gl lwciod - '%~:T _ Qc - ; First Federal Savings & Loan Association ~Kp q~`Q~IQ~~ ~ ~ ` ' ~L~ - of Fort Pierce , Rlorid8, ~~~~t~ ~0 ~jjT F ~ ~ ~ £ ' ili~CE FfQ~ CO~R1' V Q~ERIt C vl{ ~ Checked By AECOKO ~~~~~F,to 25'73`7'7 o R ~1 'O 0~ - sb -w. Boa~215 PAGE184z , ~ ~ ~ : , . ; - - - _ _ ~ m -