The URL can be used to link to this page

Home My WebLink About1851 9. io plue end contin~ously keep o~ 1he bui:di~gs now w hereatts~ situst~ o~ said lar+d and on ~Il equipment and personally covered by this mo~~¢ ~9~.~with ~I) premiums tAereon pa~d in (ull, fire insurance in the ~~uat sta~derd potity form, in • ~um ipp~ored by the MORTGA~iEE, ~nd w~nditorm insv~anc~ In tM vsual ~tsndard pol~q farn, in a ~um approved by the N10RiGAGEE, in iuch tompany w companies as tM MORTGAGEE may dirscl; and all fir~ •nd wi~dstorm insura~ce poliuet on ~ny of said build~npi, ~~y Int~rtst ~he+ein or part thereof, i~ fhe agqregatt sum ~laesaiJ or in ~acea Ihereof, thaU ca+~ain the u:ual standard ma~yayae dws~ w svch otFar d~uss u tM Mw~yagee may ~equ~r~, maAinp the los~ unda sa~d poU- ues, each ~nd eve~y, payab~e ~o iaid MORTGAGEE as ~~i intcrest may appsar, and cach and ~very such pol~cy ~MII b~ pr«r.ptly au.gncd and deG,rered ro eny held by said MORiGAGEE ~i (ur~her tecurity to said matg~e debr, and. It01 It3! fMR fM (IO~ ~yf j~? sdvance of tM •xpirotion of e~ch policy, to da livs~ b uid MORTGAGEE • renewal tMrwf, royether with a rKeipl fa the prtmium of such rsnewalj and ther~ sMll be no firQ o~ windsto~m insuranc~ placed pn ~ny of said build~r~s, ~ny interest tl+erein or part tha~eof, unless in ti+~ fwm ~~d wilh th~ loss payabl+ a: a(we~aid; a~+d In tl» evenl any ium of money becomea payable unde~ such pofity or policies isid MORTGAGEE shall Mvt ths optioe? to receive and spply the ume on accounl o( the indebted~ neis secu~cd hereby or ro permit said MORTGAGORS ~o receiva and uss it w any part ~hereoi for othcr purposcs, wiihout 1h~rtb~ wai~t~,g o~ ~~„pa~r- ing ~ny equity. lien or ~igAt under or by virtus of thii mws~age; ~nd in tM event faid MORTGAGORS shall fa any reason f~il to keep the said prsmisr~ ao iniured, w fail ro deliver promptly ~ny of said policies of insurarKS to said MORTGAGEE, o? fail p~omptly to pay fu11y any prcmivm Iherefor a in a~y respM fail to pe.form, dixharge, ezecvte, •tfat, complets, comply with a~?d +bide by this cove~ant, w any parf 1~ereof, ~aid MORTGAGEE n.ay p~ate a~x! ~ pay fo~ such inw~ante a any part thereof without waivin~ a aftectir~ any option, li~n, equity, w right u~da w by virtue of Ihis Mo~tga9e, ~nd the • 1 4v11 amount of +ach and evtry such paymsnt shall be immedi~tely dut and payabl~ a~d thatl besr enteresf f~om the da~e thsrcof untii paid sf the ratt o! nine per centum per aruwm and to9ethe~ with suth inrerest sha!! be ~ecured by ths lien of this mortg~ye. 1. 1o permi?, iortimit o~ wffer no wa~te, impairment or dctera~atio~ of said propery or •~y pan ~hereof. , S. To pay etl and sinputaa the costs, charges and expenxa, including a?easonable attwney's fea and costs of abstracts of title, incurred o~ paid a+ any time by aaid MORTGAGEE, becauu or in the event of the failure on ~he pa~t of tF+e said MORTGAGOR to duly, promp~ly and fuNy peafo~m, d~scha~9e, ~ erecute, effect, complere, comply w~th a~d abide by exh and every the stipulatiwns, agreements, conditiona, and covenants oi sa+d promissory note and this mortysge any a either, u?d said costs, chsrge~ +nd expenses, each and every, alull be immediatety due and payable: whethe~ w not rhere bs notice dr mand, attempt fo collccl or svit pend~ng; and tM fuU amov~t of each and every svch paymeM ~hall bear interost from ~he date thereof until paid the rate of nine per centum per an~~u:rn; and aU wid costs, charges ar.d expenses incurred w paid, togNher with such inti~eat, shall be setured by the lien of thi~ mortpsg~. • b. TMt in the evant of any breach of this Moctga9e w defau~t on the psrt of the MORTGAGOR, a 16) in ths event ~ny of said iums of rt~w+ey ; herein refer~ed to be no? promptly and fvlly p~id wi~hin thirty (30) daya r?ext aftcr the same severally become d~re and payable, without demand w notice. o. (c) in the event each and every 1F+~ stipulations, sgreements, conditions a~d cwe~anta of sa~d p~omiuory note and tA~s mortgage any or eirher a~e no! ~uty, promptly and futty pe~fumed, d~uharged, executed, effected, complered, complied with and abided by, then in either a any such eveM the uid a¢ : gregate sum menlioned in said promissory note then remaining vnpaid, with interest ~ccrued, and all mo~eys setured hereby. shatl become due and pay ' able forthwith, w thereafte?, at the option of said MORTGAGEE, as fuUy end completely as if a!! of the said sums of money were wiginsl!y s~~putated i to be paid on such day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon w thereaiter at the op~ion of j sa~d MORTGAGEE, wiihout no~ice p demand, suit a1 law or in equity, the~efore or thereafter begun, may be prosecuted e: if all moneys secured he~eby had matured preor to its insfitutio». 7. Th~t in the evcnt that at the beginning of or at any time pending any suit upon this Mortgsge, a to foretlose it, w to reform it, or to e+iforce pnyment of any tlaims Aereunder, s~id MORTGAGEE shall apply to the Courl Fwving jurisdiction the:eof for the appointrrKnt of a Reteive~, such Coun shalJ forthwith appoint a receiver oF said mortgaged property al! snd sinyular, includ~ng all and singvlsr the income, prof~ts, issues and reve~ves from whate~er source de?ived, each and eve~y of whrch, it bei~g expreuly understood, is hereby mor~gaged as if speuficslly set fath and described in the g~an~ing and habend~m clauses hereof, and such Rcceiver ahatl have aU the fxoad a~tt effective Funct~ons and powcn in snywise cntr~sted by a Court to a Recei~er, and such appointment shall be made by such Coun as an admitted equity and a maner oi absolute righ~ to said MORiGAGfE, and without reference to ths t adequacy a inadequacy of the v~lue of 1he property mo~tgaged w to the soivency w insotvency of said MORiGAGOR or the deFendants, and that such rerns, profits, income, iuves and revenues shatl be appleed by such Rete:vn accuding to the lien or equity of said MORTGAGEE and the practice of sucA Co~rt. ~ 8. To d~ly, promptly a~d fully pcrforrn, d~scharge, execute, effect, complete, comply with ~nd abide by each and every the stipulations, agreemenrs, conditrons and covenanrs ia said promiuory note a~d this mortgag~ ut fo~ih. 9. That i~ the event thc owne+sh~p of the mortgaged premises, w any part thereof, beca.nes vested in s person other than the MORTGAGOQ the MORTGAGEE, its successors and assigns, may, wiiFwut no~ice to the MORTGAOR, deal wifh such succesao? or succesaor in interesf with reference to this morrgape and the debt hereby secured in the same manne~ as with Mortgaqw without in any way vitiating or discharging the Mortyagori liability herr under or upon the debt hereby secured. No sale of the premises hereby mo.tgaged and no forbearance on the part of the MORTGAGEE w it~ s~+ccessors or ass7gns and no extensipn of the time for the payment of the debt hereby setured given by the N~ORTGAGEE ar its successors w assigna, ~hall operate ro relea:e, d,scharge, nwdiiy chaoge w affect the orginal liao~lity of the MORTGAGOR herein, either in whole w in parf. 10. It is specifically agreed thar time is of ehe cssence of this contract and that no waive~ of iny obligation hereunder w of the obl'gaYan se- cvred hereby shatl at any time thereafter be held to be e waiver of the terms hereof o~ of the instrument secured herby. 11. In add;tio~ to the forego ~x} monthly payments of princ'paI and interest required by the promixcpry note setured hereby, mortgagor covenants a.,d agrees to pay to mortgagee with each monthly paynem an add~r~onal sum est~n:ated by mortgagee to be eq~al to 1 j lz of the an~val cost of the follow- t ing: i t A-All real property taxrs levied or a:sessed against the above desaihed real esfate. B-Ptemiums on fire and windstor~n inwrar.ce as herein requ~red to be carried ort the improvemeats situate on the above dasaibed ptemises. C-Premiums on such mortyage guaranty ir.surar.ce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. Mortgagee shail from time .to time notify mortgagor in writing of the amount due ai~d payable hereunder and such sum shall thereupon be due and cayable on the due date of the next month(y paym~nt and each successive month thereafier ur,fil mortgaqee shall nWify rnorigagw of a cbange in such e•~~ount. Such sums shail be appiied by mortgagee toward the payment of real p?operty taxes, insurance prem;ums, and mwtgage guaranfy insurance i p~emiums. ~ IN WITNESS WHEREOF, the wid MORTC'iAGOR has hereunto set his hand and seal the day and year first sforesaid. . . Signed, !ed and );ve in,=he esence of: ~ C!i~~ ~ { an ! ' _ (Se~q ~ - a ` n f i (Seal) ,'r STAiE OF FIORIDA ~ ~ courvnr oF . Lucie ~ ' ~ Be(we me penonaGy ap~ared Ch a r 1 e s A. Ho 11 owa ` ~ snd } ~ F1. Eleanor f3ol loway his wife, to me well known and known to me to be E rhe individuals desuibed i~ and who executed the foregoing instrvrn~nt, and acknow{edged before me that they executed the same fw tFro purposes ~ therein expreued. And the said Lleanor Holloway _ +~~fe of the said _ Ctla I' I 4..' S A. HO Z 1 OW:. upon a seperate and private ~ examination by me taken separate and apan from her ssid husband, atknowledged to and befora me that she exetuted said instrunHnt fr,q~JYLand volun- t ra~ily and w~thout any compu{sion, constraint, apprehension, or feu of ot from her said husband. " ° 29t~h WITNES$ my hand and offidal seal thu ~ _ ..TtI _ ,.~y'' ')3 ~ ~ ~ - F J . _ ry Pub ic i~ and for tF~e St~tt~ ' f~b~d~ry _ y,' . r, ' ? M Commiuion expirs: ~ . = ' Return To: •4' P, .i ~ ~ K - Kota Public. St~te ol Florda at ,1- • • 's - _ fint f~deral Savings 3 Loan Association ry ~ a ~ Of fort P:e«e. Mr Commission Expires Anq. 12. ~Y/O'~ G. j~ - ~ , ` . v::~ : ~ ~ ~ - . bM-.d 3r A~er".uw (u~ L CsN~Mf CoeqrY Yr~' V ,fS-; ~ ~ . } ~vri P~e~~r, i~~~~.'.6 - n.4=. ' t i .Z~• . r ~ .~~t This lnstrument Pre ared B ~M~ pECpIIQE 0 P Y R i ch a rci K. Kaye s sT.lltC1E COUNT1f FLA. ~ First Federal Savings & loan Association ROCEII POtTRAS of Fort Pierce ~ori ~a CLENK CtRCWT ~OURt ~ ~ ReCORO VEIIIFIEO ~ Checked By ~ 1~ ~ ill ~3 ~ JMI~ t~ i ia, y = eooK 215 PAGf 1848 2~~~ ~ ~ ~ _ - ; _ ~ r .~Q: