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Home My WebLink About2866 3. To place and continuous(y keep or~ th~ bu~'d~ngs now o~ he~eafte~ a;t~ate on sa~d Iand and on a!1 eq~:p~ne~~ a~~d pe~sona~ty cove~ed !~y ~his matg- sgs, with dl prem~ums ~hereon pa~d in full, f~re ~nsvro~ce in ~he usual s~anda~d po~~ty form, in a sum appro~ed b~ the MORIGAGEE, e~~d w~~~di~orm ~~surance i~ the uiual s~anda~d pot.cy form, in a sum approred by the MORTGAGEE, in wch cornpany or compan~es es the MORIGAGEE may d~recf; a~+d a!t lire and w;ndstorm ins~rance po!~cies on any of safd b~ild~ngs, any i~terest therein or parf thrreoi, in rhe agg~ega~e fum •toresaid a in extess Ihereof, shall cantain the ~sval standa~d mw~gagee cl~use w avch o~ha clause ~s the Mortgagee may requ.re, maAin9 the fost un~lc~ sa~d poli- 6es, each and every, payabte ~o seid MORIGAGEf as ~~s ir.~erasl may appear, and each and e~ery such poi~cy shall be prompUy ass gned a~~d dei~verrd ~o any held by said MOR(GAGEE as (urlher sewiity to said mor~gage debt, and, not leu ?han ten (l0) days advance o( ~he expuat~on of each pol~cy, to dr live~ to aaid MORTGAGEE a re~~ewal thereof, together with i rec~~pl for fhe p~emium ot such renewal; and ~here shall be ~w L~e or w~~~dsto~~n insurance plsted on ~ny of said bui!d~ngs, any iNerest there~n u parl thcreoi, unless in the form and w~th Ihe loss payable as aforosaid; and in the evenl any sum of money becpmes pay.ble ur.der such policy or pot~cies seid MORiGAGEE ehall have ~he option to rece~ve and appty ~he samr on accoun! of ~he i~~abted• nrss secured hertby o~ to pe~ntit said MpRTGAGOAS ro receive and uae it w any part the~e~f 1or otn~~r Hur~ oses, v.~rF,~.~t th u~ w.;~+~ o~ ~~~.p.+~~- in9 aoy rau~ty, lien or rigM under w by virtuc of this mortgage; and in ~he evem ia:d MORTGAGORS sha!I (or any reason (ail to krep ~he sa~d premis.-s so insurrd, w iail to defiver pranptiy any o( ta~d pol~cies ot insurante fo sald MORTGAGEE, o~ faii promptly to pay lully any p~z~~iwm theretor a in any reipec~ tail ro pe~fo.m, d~scharge, exec~te, effecl, complete, comply wi~h and abide by this cove~ant, a any part hareof, sa:d MURiGAGEE may p~ace a•~A . pay (or such in~ur.~nce or any part lhereof wi~hout waiving or affectiag any option, Iien, equ~ty, or right ur~der or by vinu~ oF this Mort~age, and the full amount of each and every such paymenl shall be im~nediately due and payable and aha~l bear interesl irom the date thc~eof umil poid st the rate ol nine pe~ cenlum per annum and 1o~e~her with such imerest sha11 ;>e srw~ed by the lien ol th~s mortgage. ' 4. To permit, commil ~x suffer no waste, impairment w deterioration of said property or any part thereoi. 5. To pay all and singulsr the costs, charges and expenxs, inctuding a reasanabte atromey's Fer and cosb of absl~acts oi Gtle, incurred or pa~d at any lime by said MOR1GAGfE, because or in the event of Ihe failure on the part of ~he said MORTGAGOR ta duly, p~o~nptly and fu11y perform, d~schaige. execute, ef(ect, comptete, comply w~th and ab:de by each and every the stipulat~ons, agreements, conditiais, and covenants oi said pramissory note and thi~ mo~tgage any w ei~her, a~d sa~d costs, charges and expenses, each and every, sfiall be immed~ately due a~d payab:e; whe~her w not there ~e ~once de mand, attcmpt to coliKt o? suit pend~ng; a~d the full amount of each and every such payment s~all bear intercsl from ~he da+e thereof until paid at the r.rte o~ n~ne per cent~m per annu:n; and all said costs, churges and expenses incurred or paid, together w~th wih interest, shall be srcured by the lien of thi~ mw~gage. • 6. That (a) in the event of any breach of this Mo~tgaqe or default on the part of the I4~ORTGAGQR, or (b) in the event sny of sa~d sums of money herein referred to be not promptly and fully paid wi~hin thuty (30f days next after ~he same severaNy becoaie d~e and payabte, without demand or notice. or (c) in ~Ae event each and every the stiputations, agrermen?s, conditions and covenants of sa,d promissory rtote and th:s mortgage any or e~~her aro ~ot i~ty, prompdy and f~liy performcd, d.scharged, executed, eifected, completed, compf~ed with and abided by, then in either or any wch event tha sa~d ag g~egate sum mentioned in said promisswy note then remaining unpaid, with ineeres~ accrued, and afl moneys secured hereby, shall bacome due and pay- eble forthwith, or thereafter, at the option of said MORiGAGEE, as iully and comp!etely as if all o~ ~hr said sums of money wete o~~g~~ally st~pu;ated ro be pa~d on such day, anything in sa:d pro~n~uwy note or in Ihis Mortgage to the conrrary norwirhstand~z~g; and tbereupon or thereafter at the op~ion of sa~d MORTGAGEE, without notice or demand, suit at law w in eqwty, thereiore or thereafter begun, may be proxcuted as it all moneys secured hereby nad matured pnot to ~ts institunon. 7. That in Ihe event that at the beginning of or at aoy time pending any suit upon this Mortgage, o~ to twxlose it, w to refo~m it, or to enforce payment o1 any de~ms hereunder, said MORTGAGEE shall apply to tha Court having juriad;uion thereof (cr the appo~ntmero of a Rece~ver, such Co~rt shait for~hwith appoiN a receiver of said mortgaged properly all and singutar, includ~ng a!1 and singutar the income, profds, issues and reven~es from whatever seu.ce derived, each and every of wh~ch, ir being expressly urtdentood, is hereby mor~gaged as if speuf~cally xC forth and described in ~he g~anting and habendum clauses hereof, and such Receiver shall have all the broad and effective tunc~~ons and powers in a~yw~se entrusted by a Cour~ to a Receiver, and s~ch appointme~v ahall be made by such Court as an admi~ted equity and a matter of absoiote right to said MORTGAGEE, and wi~bout reference ~o the adequacy or lnadeq~acy of the val~e of the p~operty mongaged or to the s~~vency w~nsolven[,y of sa~d MORiGAGOR w Ihe defendams, and that such renrs, proiits, incane, issues and revenues ahall be applied by such Receiver according to the iiert w equity of said MORiGAGEE and the pracrice of such Court. • 8. To dufy, promptly and futly perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promissory note and this mortgage set tor~h. 9. That in the event the ownership of the morfgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, 1he M1*.QRTGAGfE, its succeszors ared ass~gns, may, wirhout no~ice to the MORiGAOR, deal with wch wccessor w successor in interest wi~h reference to thia rrorrgage and the •debi hereby secured in the same manner as with 111ongagor w+thout in any way vitiating or d~scharging the fAortgagors' liability here- under a upon tne debt hereby sec~rEd. No sale of the premises hereby mortgaged and no io~bearance on ~he pan oi the /AORiGAGEE or its successors or assigns and no extension of the time fw the paymem of the debt hereby secu~ed given by the MORTGAGEE or its successors or ass:gns, ahall operatt to release, d~scharge, madify change or aifect Ihe orig~nal Iiab~Gry of. the M.ORTGAGOR herein, either in whoie w in part. 1Q. It is speufically agreed that time is of the essence of this contract and that no waiver of any obl~gat~on he~eunder w o~ the obligation se~ cv~ed hereby shall at any time thereafter be hetd to be a waiver of the terms hereof or of the ins~rument secu.ed herby. • I1. In aod ~~o~ to ~he iorego ~~g morohly paymenis of princ pal and inreres! required by the prom~ssery no!e secured he~eb~, mortgagor covenants ar.d agrees to pay to mortgagee v~ith each month!y payment an add~nonal sum est~mated by mortgagee io be eq~al fo l,' 12 of the annual cost of ihe fo!{ow- ~r3: A--AIi real property taacs le•~ied or assesseri agsi~st thc above desc~ihed real estate. B- Prerr~u•ns on f~re ar,d w]ndstonn ~nsurarce as herein requ:red to be carried on the ;mprovements s~tuate on thc above descrebed premises. C-Premlums on such mwtg;ge guaranty insurar,ce as mo.tgagee shal{ from ~ me to time deem fit to carry on ~he toan secured hereby. Mortgagee shail from t~me ro nme noti/y mortgagor i~ writing of the amount due and payable hereunder and such sum shall thereupon be due and ;.a~able on the due datz of the next month!y payment and each successive rronth thereafter ur.ril morlgagee shall not~fy rrwr~gagor of a change in svch oun1. Such sums sF.a~t be applied by mwtgagee toward the paymero of real property taxes, inswance prem:ums, and mortgage guaranty insutance r~e~~iums. IN ~YITPJE55 WHEREOF, rhe sa~d MORTGAGOR nas hereunto set his ha~:j and seal the day and year first afwesaid. Signed, Sealed a~d detivered in the presence of: - (Sesq _ A • ~ 1 (Seal) ~ (Seal) G tty/ ~e (Seal) ; STA1E OF FLORIDA ' St. Lncie u• ~ couuTY oF I j Befwe me penonally appeared Q10~ HOYlev _ a~ ; Bettv Hnrley his wife, to me wett know~ and known to me to be s rhe individuats desu~bed 'rn and who executed the foregning instrument, and acknowiedged before me that they executed the . wme for tlx purposes r'nerein exp?essed_ And the said_- BettV Ht1YlEw t~~~""'~~~~~ ~ , , _ 1 N~fe of the said _ B1,saY j~ut~lpv ~ ~~~a.i@~~'e~sfb private e:am~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she exec~ted,saidiQst?~ment ~~y~d~voluo- ra-~iy and withovt any compulsion, constraint, apprehension, w fear of or from her said husband. f ~ 7 WlTNE55 my hand and offiual seal this day os_ J~e - p'; = ~ ? ~ _ _ ' Notary Pubtic in and for Stste of ~~a„pt.Lar~p - r ' My Commission expires: r. U~~~. ~ Return to: = ~ ~ ~ •••....:r: ~,.i4 ; first Federal Savings d. ioan Associat~on ~ ~ J~, ~ i Of Fort P,erce. ~~ry h"t, St~M ~f F~~ r~~~~lt~~.z~''~` Fort Pierce. 'Fiorida C~~~wM p~. ~Q, 1Y1~ ~ E betded by . A.~nericon Pir. 6 Co~uolry~ Cw : This Instrument Prepared By J~ N~ Roberts, Jr• ~ First federal Savings 8 Loan Association fILED ANQ aEC0A~E0 ' of Fort Pierce Florida ( ~ - ~ St.lUC1E COONT~f FLA• j i : ROCER P8IYRAS Checked By ~ ~~fgK C1nCU1T COURT ' ; , ~ REC~R9 VERIFIfU - o~ 3 10 4s AN'T3 3 scox~~~J ~-2!$~ ~ 3 ~7 - - - _ _ ~ ~ _..r. .~.~a~ ~ ..,5_.< s ~~~r,r. . - - ?`Y:~7s ~°.n: '.a