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Home My WebLink About2333 3. To place and continuou:ly keep on ~he buildingt now a hereaher ~~tuate on sa~d land and on ali equiprnem and perso~a~ly covered by thiti mo~~g- ege, with all premium~ thereon pa~d m full, fire insuranca in ~he wual standard polety (orm, in ~ wm app~oved by the MOR(GAGEE, and w~nds~o~m ins~r~ncf in :hs vsual sTandard pol.cy for~n, in a s~m spprovad by the MORTGAGEE, in such canpa~y w co~npanie~ as the MORTGAGEE mey direcl; and •11 fir~ and winJs~orm insurance polic~et on any oi said build~~~, any interast ?herei~ or pa~1 Ihe~eoi, in the aggregate tum aforetaid o? in eaces~ Ihereof, ihall contein ~he uaual standard m«~gagae clause w such other dauss as tht Mortyagee may requ.re, ma?irp Ihe lo?s u~Jer sa~d pol~ c~es, each and eve~y, payable to sa~d A10RTGAGEE as ~?s i~te~ett may appear, ~nd each and e~e.y such poiicy ~hall be p~omp~~Y ass gnrd and de~ivered +o any ix~d by said MORfGAGEE ae further security ~o said mortgage debt, and, ~01 te~+ then ten (101 days adrance of 1he eYpirolion of ea:h poGc~, to de- l~ver to iaid MORTGAGEE a rrnewal thereo(, together with's receipt fa thc p~e~nium of iuch ~enewal; and there shall be no 1~re o~ windstor~n insurance ptaced on any oi said bvildirgs, any interest thrre~n w pa~~ thercof, u~less in the form and w+th the ~oss payable as aforetaid; end in the event any sum of money becomei payable unde~ such policy w poGcies saiJ MORTGAGEE shall have ~he opnon 1o rece~ve and apply the same a+ account of the indebted- ness iecured hereby or ~o pe~mit sa~d MORTGAGORS ro receiva and uu it a any par~ therroi lor o~i~er p~rE~osLS, .v~~hout th.~~ ur ~a~~~ o~ ~~~~p~,r- ing any equ~ty, lim w right under or by virtue of ~his mo:'gage; and in the event sa~d MORTGAGORS shatl for any reason fail to keep the said premises so in~ured, or fail to defiver promptly any of said policirs ol insurance to sa~d MORTGAGEF, or fail promptly to pay fulty any pre~nium therefw a in a~y renpeU tail to pertwm, d~scharge, e:ecute, e(fec1, comple~e, comply with and abide by this covenant, o~ any part he~eof, said MOR7GAGEE may place and pay for such i~surance or any part thereof without waiving w affecling any option, lien, equ:ty. w right under or by virtue of this Matgage, s~d thc f~!t amounl of eath and every cuch payment shall be immediately due and payable and shall bear inlerest from the date thereof until pa~d at the rate of n~ne per centum pe~ annum and to~ether with such intere:t sfiali be secured by the lien of this mortgage. 1. To permit, mmmit a su(fer no waste, impairment a detcriorat~on of said p~ope~ty w~ny pert thereof. S. To pay sll and singular the costs, charges and expenus, ~ncluding a reasonable at~aney's fee and costs of abstracts of title, incurred a pa~d a1 any time by wid h\OR1GAGfE, becavse a in the event of the fa~lure on the part of the ssid MORTGAGOR to duly, promptly and fu11y par(wm, d~scharge, z¦ecute, effett, complete, comply w~th and ab:de by each and every the stipulanons, agreemen~s, conditions, and covenants o~ said prom~ssory note and thii mortgage any or e~~her, and sa~d costs, tha~ges and expenses, each and every, shall be immcdiately due and payable; whe~her w not there be not~ce d~ mand, attempt to cotlect w suit pending; and the full amount of each and every such payment sha~~ bea? interesf from the date thereof uNil psid at the ~,~te of nine per cent~m p.:r a~i~w~n; anc! all said costs, charges and expen3es incurred or paid, togather wdh such intereat, shall Ix secured by the t~eo of thls mortgaga 6. That (a) in the event of any breach of this Mortgage o. default o~ ~he part of thr MORTGAGOR, or ~b) in the eve~t any of ss~d sums of money herein referred to be not p~ompily and lutly paid within thirty {30) days next after the same szveralty become d~e and payabte, without demand or norice, or ~c) in the event each and every ihe stipuiations, agreemeNS, conditions and covenants of sa,d promisso~y note arxl ~h~s mo~tgage any or eithe~ a~e not iu1y, prompNy anc! fully per(ormed, d~scharged, executed, ef(ected, completed, compl~ed with and ab~ded 'sy, then in either or any such event the ta~d ag- gregate sum mentio~rd in said promisswy note then remaining ur.paid, with interest accrued, and a:l rr.oneys secu~ed hereby, shall become due +nd pay ab'.z forthwith, or ~hereafter, at the option of said MORTGAGEE, as fully and comptetely as if all of 1l~e said sums of money were o+~g~~atly st~puiated ro be pa~d on such day, a~ything in sa:d p~orr.:ssory note or in this Mo:tgage ro Ihe con?rary not,~vithstanding; and thereupon or thereefter ai the option of sa:d MORTGAGEE, without not~ce or demand, suit at law w in equny, therefore w thereafier begun, may be prosecuted es if all moneyt setvred hereby n_d matured pnor to its ins~itvtion. 7. That in the event that at tfie beginning o( or at any time pending any suit upon this Nbrtgage, or to foreclox it, or to reform it, or fo enforce paymeM of any claims here~oder, said MORivAGEE shall apply to Ihe Court having ~urnd~ction thereof for tbe ap{w~ntmeM of e Receive?, such Court shall for~hwith appoinf a receiver of said mortgaged property all and singulsr, inciud~ng aIt and sin~ular the income, prof~ts, iss~es and revenues lrom whatever seurce derived, each and every of wh+ch, it being eapressly u~ders~ood, is hereby mortgaged as if speufically set forth and.described in the g~snting and hjbendum clauses hereof, and such Receiver shall have all the broad and ei(ective funct~ons and powers in anywise entrusted by a Court to a Receive~, and s_ch appointment shall be made by such Court as an adrnitted equity and a ma~te~ of absolute ~~ght to said MORTGAGEE, and without referente to tha edeyuacy w inadequac/ of the value oi the p~operty mortgaged or to ~he soivency or ~nsolvency of said MORtGAGOR or tAe defendants, and that such ra~rs, profits, income, issues and reven~es shall be applied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and the practice of such Court. B. To duly, promptly and fully perform, discharge, execute, effect, complete, comp~y wilh and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promissory note and this mwtgage set forth. 9. Thaf in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGOR, the '?~RTGAGEE, irs successors and ass~gns, may, wi~hout noTice to the MORTGAOR, deai with such successo~ or successw in interest with reterence ro this m.origage and the debt hereby secured in the same manner as with Mortgago~ without in any way 'vitiati~g or d~scharging the Mortgagors' (iability here- ~nder or upon the debt hereby secured. No saie of fl~e ~rem~ses hereby morlgaged and no forbearance o~ the parl of the MORTGAGfE or its successo?s e~ assigns and no eatension of the time for the payment of the deb~ hereby secured given by the MORTGAGEE or its s~ccessws w assigns, shall operate ro re!ease, d~s~harge, medify change or affecr the orig;nal liab~lity of the MORTGAGOR here~n, either in whole or in part. 10. It is spec~ficalty agreed that time is of the essence of this contrac+ and that no waiver of any obtigation hereunder or of the obligation se- cured hereby ahal{ at any tin,e thereafter be he!d to be a wairer of the terms herevf or of the instrument secu~ed herby_ I1. (n add~tioo to the (orego'ng rnor.th!y payments of princ pal a~d in:erest req~ired by the prom'sscry tio!e secured hereb~, mwtgagor tovenants ~~d agrc-ea to pay to my.rgagee w~rh each monrhiy p;aq~,:ent an add~~ional svm eshn ared by mortgagee to be equa~ to 1, 12 0( the annual cost of the follow- A-All rea~ property ta,cas lev~e~ or assessed ayai•~st thc above desc•ibcd rea! estate. ~ B-Pramiums on fire and windsto*~:~ insvracce as herein requ~red to be carried on the improveme~ts situate on the above desvibed premises. C-Prem~ur~s on such mon~age g~aranty ir.<_~rance as morrgagee shaq from ~~me to t~me deem fit to carry on the loan secured hereby. Mortgaqee sha~i from time to t~me notify mo~+yagor ,n writing of the amoum d~e and payabte hereunder and svch su~n shall thereupon be due and I :?rablt on the d~e dare of the next month:y payment and each successive momh thereaftar ur.til mortgagee shall noti(y mortgagor of a change in such ~ ~~unt. Such sums shaii be applied 5y mortgagee toward the payment of real property taxes, insurance prem;ums, and moetgage guaranty insurance E ; -emiums_ , ~ IN \YITNESS 'NHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Signed, Seated a d deli red in the eresence of: ` (~~t~nJ ~ Sea4 ~ , C Ie8 t (Seal) ~ _ ~ ' (Seaq Haz6 • HOyt ~sea~~ ~ S~~~E OF OI1~0~ I t ~ ~OUNTY OF ~ Befwe me persoNllly ~ppeared Charles W• HOYt and . Hazel H. }~Oj/~ his wife, to me well known and known to me to be the individ~als descri ''in and who executed the foregoing instroment, and acknowledged before me that they executed the same for the purposes ~~~e.ein eXPres~ed~ ~Anb.ifie iaid H~QI H~ HO~ - ~-~fe o( the -seid _ ~ ~ ~ _ Cha,rles ~'1~• }{O~ upon a separate snd private ~ e.ammai~on by me takeo~s;pa~ate and apart from her said husba~d, scknowledyed to and before me that sbe executed said inat~ument freely and votvn- ra~;Sy 'ind-~Ir~tltout anY corT~pulsicn, constraint, apprehens~on, w fear of or from her said s nd. ~ y{11TNESS my hand and official sea! this_ day of A_ D. 19 73 . ' T1 ~ ~ ~ ' i , , ` ~-~i. ~ , ' ~ • . . My Comm~s ~on exp es: << Return To: f~.sr F~.~t sa~~~9: a~oa~ ns~~~ar~o~ MARGERY HAYE6 s Of Furt Pcrce. ~~ry Po~"~n~ ~ fort ~~•vice, Fiur~da r1~~« Mh i~ ~ G.~ ~ ~ ~ t iV k ?)LEO aNs, R~,~pRDEO ~ J. H. Roberts Jr. ~ ST.lUC1E C4UMTY fl,A. This Instrument Prepared By ~ First Federal Savings 8 Loan Association R06EF P~)!TR~s ~ of Fort Pierce , Florida CtERK C~~CU~t COURT / PFrOFO VfP,tti~D.~..~„`~ ~ ~ ~t= ~ Checked ey ~ ~ 1l 3 S4 PM ~~3 1~" I~' ~ ~ ~ ~ooK215 P~-2327 ~ ~ . _ - - - - - ~:q t- ` ~ ,x'~ r ~ ~ ~ ` r-~ ~ ~ ~~M ~ ~ ~`•~.~s ` e.,a~+a::.~~~~ ~__.<.~_,~y. _ , x.- `"en.`~t, . ,