The URL can be used to link to this page

Home My WebLink About2281 To place and continuously kcep on rhe bui!d~ngs now or herea(ter ~iluate on said ~and and on ali equ~p~nent and pe?sonslly covered by this mwtg~ s~s, with all prem~ums Ihtrcon p~~d in ivll, iire int~ra~~ce in ~he usual standard polity form, in a i~m spp~oved by the MORiGAGEE, and windatorm insura~c~ in ths uswl ~tandard po~.cy Fam, in a sum approved by ~he MORIGAGEE, in such tompsny or tornpanies as the MORTGAGEE may direc~; and all fire end w~ndstorm in~u~artce po~~cies o~ a~y of sa~d build~ngs, any inte~est ~herein or part thereof, in ths ag9rag~~e sum afore~aid w in exceff Ihe~eof, shall contain the usual standard morrga9ae clause or such othe~ clause as the Morigagee may ~equ~rs, makin9 the lois u~daN •a~d poli- cics, each and every, payab~e to sa~d MJRivAGEE as ~ts in~eres~ may ~ppear, a~d each and every such po~~cy ~hatl be promptly ass gned a~d delivr~rd ~o any hetd by said MOR(GAGEE as further securiry to seid margage debt, and, not leu ~han ten (10) days in adva~xe o1 the expiroGon of each poGCy, to da liver to said MORTGAGEE a re~ewal thereof, toge~hsr with a receipt fa 1he premium o( such renewal; a~d there shall be no f~re o~ wind3lor~n insuronce placed on any of said b~i~dings, any interes~ therei~ w part Ihereof, unless in the form aru) with the loss payabte as afwesaid; and in the event any ium of mpney become~ payable under suth policy or poGues said MORTGAGEE shatl have Ihe ophon to receive and apply the ume on atcount of the indvbted- nds secured hereby w 1o perm7~ said MORTGAGORS to receive and use it w any pa~f the~eof for o~n~~r purf~oses, v.~~iwut th~~au~ wa~~~n~ or unpau- ~ng any equ~ty, lien w righ~ undcr or by virtue of ~his mo::gage; ~nd in the event sa~d MORTGAGORS shall {or any reason fail to keep the ta~d p~emises so insured, or fail ro del~~e~ pranp~ly iny of said policies of insurance to sa+d MORIGAGEE, or fa~l promptly to pay f~ily any pre~.~~um the~efo~ o~ in a~y respM lai! b perform, d~scharge, ~xecute, e}fed, complete, tanply with and abide by lhis covananl, w any part M:reof, said MORTGAGEE may place a~~d pay (a tuch insurance or any pa~t the~eof without w+iving u affecting any option, lien, equ~ty, w right unde+ w by virtue of this Mortga9e, and 1he full amouN of each and every f~ch payma~t ahall be ~mmediarely due +~d p+yable and shall bear interest from the data thereof until paid at the rate ol ` n~ne percentum pe~ an~um a~x) togethrr w~th such imeresf shaN be secured by tM lien of thi~ mortgage. 1. To permil, commit or suifer no wasta, impairment ot deterioratio~ of said property or sny paA thereof. S. To pay all and singul~r tF~e costs, c~arges and expenses, includ~ng e reasonable atrwney's fee and costs of absrrads of tifte, incurred or pa~d at any time by said MORTGAGcE, because a in the eve~1 of Ihe failure on the part of the said MORTGAGOR to duly, promptly and fully perfwm, discharge. ' execute, effect, complere, comply w~th and ab:de by each and every the stipulat~ons, agrecments, cond~tions, and covenants of sa~d promissory note and ~hi~ matgege any w either, a~~d sa:d costs, cMrges and eapenxs, each and evc~y, shall be immediately due and payab!e; whether o. nof there be no~~ce de mand, attempt to collect or w~t pending; and the f~ll amount of each ~nd every such payment shall bear interes~ from the date thereof untii paid at the r,,re of nine per centvm per ann~m; and aN said costs, charges and exNenses incurred or paid, toge~her with such interest, shall be secured by the 6en of thi~ ? mortyage. i 6. That (a) in the event of any breach of this lNortgage or default on the part of the MORTGAGOR, or (b) in the event any of satd sums of money herein referred to be not p~omptly and fully paid within thirty (30) daya nea~ af~er tht same severa:ly ~ome due and payable, without demand or no~ice, or (c) in the event each and every the stiputations, agreements, conditions and covenants of sa.d prom~ssory nere and th~s mor~gage any or either are no1 t iuly, prompHy and iuily performed, dscharged, executed, effected, completed, compGed with and abided ~iy, then in either w any such event the sa~d ag- 2 gregate s~m mentioned in said promissory note Ihen remaining unpaid, with interest accrued, and all moneys srcured hereby, shall betome due and pay- ab:e forthwith, w thereafter, at tbe opt~on oi said MORTGAGEE, as tully and completely as ii all of the said s~ms of money were aeginatly stipulaeed to be pa~d on such day, anything in sa~d pran~s:wy note or in fhis Matgage to the conrrary notwiehs~anding; and thereupon or therea(ter at she opt~on of ~ sa:d MORTGAGEE, w~thout no~ice or demand, suit at law or in equity, there(we or thereafter begun, may be prosecuted as if all moneys secured he~eby ~ I nod maWred pnot to its institut~on t 7. That in the event that at the beginning of or at any time pend~ng any suit upon this Mortgage, or to faeclose it, or to refwm it, or to enforce 3 payment of any claims hereunder, said MORTGAGEE shail apply to the Court having ju~isd~ction Ihereof for the ap~w~ntment of a Receiver, such Court shafl For*.hwith appoint a receiver of said mortgaged property all and singvlar, i~clud~ng all and singular the income, p~ohts, issues and revenues from whatever F zource derived, each and every of wh~ch, it being expressly unders~ood, is hereby mortgaged as if spec~~icalty set for?h and described in t!x g~anring and ~ i,abendum clausH hereof, artd such Receiver shall have all fhe broad and eifeuive funct:ons and powe~s in anywise entrusted by a Court to a Receive~, and s~ch appointment shalt be made by sach Court as an admitted equity and a matter of absolute nght to seid MORiGAGEE, a~d w~thout reierence to the t adequacy a inadequacy of the value of the property mortgaqed or to the so~vency or insolvency of said MORiGAGOR or the defendants, and that such renes, prof~ts, income, iuues and revenues shall be appiied by such Receiver accord~ng to the ~ien w equity of sa~d MORTGAGEE and the practice of such ~ Court. 8. To du! rom tl and full form, dischar e, execute, effect, co lete, cem I with and abide b each and ever the sti ulations, a reements, ? Y. P P Y Y P~ 9 ^'P P Y Y Y P 9 conditions and covenan~s in sa~d p~omisso?y note and this mortgaqe set for~h. 9. Thst in the event the ownership of the mortgaged prem~ses, w any part thereof, becomes vested i~ a person other than the MORTGAGOR, the :'.~RTGAGEE, iti successo~s and ass~gns, ma~, without no~ice to the MORTGAOR, deai with such successo~ or successor in interest wi~h reference to this n,ortgage and the debt he~eby secured in the same manner as with lhortgagor without io any way vitiating w d~scharging the 1~lortgagors' liability here- under p upon the deb~ hereby sec~red. No sale of tt~e ~rem~ses he~eby mortgaged and no forbearance on the pan oF the MORTGAGEE or its successws or assigns and no exrens~on of the time fo. the payment of the debt hereby secured given by the MORTGAGEE or its s~ccessors or ass~gna, alull operate to release, d~scharge, modify change or affect the origtnal Iiabllity of the MORiGAGOR he~ein, either in whole or in part. 10. It is spec~~ically agreed that time is of the esse~ce of this contract and that ~o waiver of any obl~gat~on hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof o~ ef the instrurr.ent sec~red herby. 11. In add r;o~ to the fwego'ng monthty payments of princ paI and inte.est required by the prom~ssory no!e secured hereby, mortgagor covenants ' ~nd agrees to pay to mo:tgagee ,ni:h each monthiy payn~ent an add~~~onal wm est~n:ated b~ mortgagee to be ey~af to 1~ 12 of the annual cost of the follow- ~ng: A-A1l real property f37[2S lev~ed or assessed agai•is! the aEove described real esrate. I; B-Prem~oms on •f~re and windstorm insurance as here~n requ:red to be carried o~ the improvements situate on the above describeA premises. i C-Premiums ai such mortgage gua.anty irtsurance as mortgagee shail from rme to teme deem fit to carry on the loan secured hereby. E Mortgagee sha!! from time to time notify mortyagor ~n writ~ng of the amouN dve and payable hereunder and suth sum shatl thereupon be due and E f ayable on the due date of ehe neYt mor.thly payment and eath successive month thereaiter vr,til mwtgagee shall notify mortgagor of a change in such ~ a• o~ro. Such sums sF.ail ~e a lied b mort a ee toward the a ment of real ro ert taxes, insurance rem:ums, and mort a e uaraM inwrance ~ PP Y 99 PY P P Y P 99 9 Y p•emiumS. ~ IN Y~ITNESS +YHEREOf. the said MORTGAGOR Fas hereunto set his hand and scal the day and year first aforesaid. ~ ~ igoed, Sealed and de!ivered ' the presence of: ; ~ - d i Ch~ ~s B~ B~11 (SeaO ~ tX/' ($eaq ~ ~ ' G10! ~ ~i1~ (Seal) ~ i~ SiATF OF fLORIDA ~ _ ~ ~OUNTY OF St• L~Cie ~ Before me personally appeared Ch~l@S ~1'1 a^d ~ Gloria D• ~11 his wife, to me weli known and kno•ern to me to be the individuafs described in and who executed tM fwegoing instrument, end acknowledged befwe me that they e~cetuted the same for the purposes therein expressed. And the sa~d G1oZia D. B~1 ~ ~ ~18Y1e8 ~ 8811 r~~ie of the said upon a separate and private ~.aminat~on by me taicen separate and apart from her sa'd husband, a rywledged to and before me that she executed said instrument freely and volun- ~ tanly and w~thout any compvlsion, constraint, appr i ~ from her said husband. ' r ~ Y~ITNESS my hand and official seal thi r_ J~~ a ~19 73 ~ - Y ~ Notary Pubtic in and for the S!ate of'flori~ LaF~e • My Commisiron axpires: ~J i ; Retum To: , J C6 First Federal Savings 3 Loan Associat~on . - - - " _y,~. ~ " ~ Of Fort Plerce. V ~,it ~ - ~ ..1 - : - A~ Fort Pierce. Flor~da , p..z ~ : . _ - ~ Q 0 - L ' l i Z;, 4•.;.-~ . ~ ;,~,..i~, -....,T.~~ ~ $ This Instrc;ment Prepared ByJ. H• RobeZts~ JZ. r ~ First Federa! Savings & Loan Association 11~~G AM9 NtfioRp D ~~'th; . of Fort Pierce , Florida i7. UC~C ••~UNTY ~OOER f~1~TR~?6 t~~ ~p . 9l~pK ~tptU~T OOYIIT ~ Checked By Rr~ARJ Y. ?~f'F'~ ~ ~ A ~i 1T 2 ~4 PM'73 EOOR 215 f~l.r: tZS76'7~ ~ ~ - - - - - - - ~ C!~-1' s~ J '1°m 3~ _ ~ ~ ~~~C. ~ s ~ ?w ~,F.S~ ,;'"~l R~~~-" .S cy f"` , . . v~ ~ ~"~'.~.?-'~~-=y.~~-~ ~`~a-?...r~ ~~'a:~-~~`" ~,t~~~