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Home My WebLink About0199 To p!ace and Continu0u3fy 4tep on fhc b~~'.d~ng~ noH o~ hereaiter s~tuate on sa~d tand and on a~~ eqvip~nenl and per~onalty covered by th~s maf9- sgs, w~th all p~em;wn3 thereon pa:d in 1u11, I~rc ins~rancc ~n the ~swi a~andard pot~ty form, in a sum approved by ~h~ MORtGAGEE, a~.d w~~~Js~orm insurance in ~he u~u~l uande~d pol.cy }am, in a s~m ap, roved 6y the MORTGAGEE, in tuch corupa~y or companief as the MORIGAGEE ~nsy d~rect; and alt fire and w~ndsrorm insv~ance pol;c~es on any of sa~d build~n9s, any in~ereit ~here~n or part thereof, in ~he aggregate sum aforesa~d w in exccss thereof, shall coroain the u:ual atandord mo:tgagae clause or iuch o~her clause ai Ihe Mor~gayee may requ~.e, maAing the 1os~ undrr sa~d poti- cies, each and every, payabfe to said A1pRTGAGEE as its int~rre~ may appear, anc! each a~d eve~y ~vch pol;cy shall be promptly ass gned and delivered ~o eny held by se~d MORTGAGEE as iunher security ~o said mortgafle debt, and, not ~ea ~han ~en (10) day~ in advance of ~he expira~~on of each pol~cy, to de- liver to said MORiGAGEE a renewal thereol, toge~he~ with a race~pt fw the p?smium of such renewal; and ~1~ere shall bt no f~re or windsto~m ins~rance ' p~aced on sny of sa~d buildings, any Fn~erest therein a part fhercoF, vnlesi in the (orm and w~ih Ihe loss payabte as aforesaid; and in 1he evenl any sum of money becomes payable ur.drr such poticy or poGcies seid MOkTGAGEE shall have ~he opuo~ ro receive and apply ihe ume on account o( the indrbr«f- ness secvred hereby or to permif sald fAORTGAGQR$ to receive and use i? o~ any parf thereof for oti~~r puri oars, .~.~~ho,,t ~F~_r. u~ .v;r.~ ~7 0~ ~~•:p.:~~- ing any equity, Gen or riyhl under or by virtue of ~h~~ mor~gage; and in the evem sa~d MORTGAGURS sha11 ior any reaioo iail to keep the sald p~em~s_s so insured, a fail to drGve~ pramptly any of said pol2ies of insuran~e to sa~d MORiGAGEE, or fod prompNy ?o pay fulty any pre~a~um the~eto+ or in any ~espect faF! Io pe~twm, d;scba+ge, executa, effecl, tomplete, comply with and abide by this cove~aN, or any parl hereof, said MORiGAGEE may p~ace a~:o pay fw such insurance or any part thereof without waiving or alfeding any op~ion, lien, equity, or right ur.der or by v(r~ue oi ~his Mo~tgage. and tht full amou~t o( each and every such payment shal! be immediately due and payable and shall bear inlereat from the data Ihereof unti{ paid at the rarc ol ~~~ne pe~ te~Wm per annum and to~~ther w~th a~th ime~est shall be s~ured by the lien of this mortgage. 1. To permit, commit or suffer no waste, impairment w deterioration of said properfy or any part thereof. S. To psy all and singular the co:ts, charges artd expe.~ses, includ~ng a reasaiabft attorney's fee and costs of abstratts of title, incurred or paid at any time by sa~d MORTGAG:E, because o~ in the event of the failura on the pan of the said MORTGAGOR to duly, pron,ptly and fully pe~~orm, d~scharge. ~xecute, etfect, canplete, comply w~~h and ab:de by each and every ~he stipu~ae~ons, agreements, cond~t~ons, and covenanes of sa~d promissory note and ~his ,nortgige any ot e~rher, and sa~d cos~s, charges and eapenses, each and every, shall be immedia~ely due and payable; wbether o~ not there be not~~e dr r~and, attempt to co:tcct or suit pend~ng; and Ihe fu~l amount of each and every such payment shall bea. interest from ~he date thereof until paid at ~hc r,r~~ ~,f nii~ per centun; ~r cnnuar, ond all s~id costs, charges and expenses inturred w paid, tOgether w,th such imerest, shaif be secured by the lien of th;s mortgaye. ' b. Thal (a) in thz evenf of any breach of-this Mortgage or de(ault on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein refened to be not p~wnptly and fully paid within thuty (3p) days next atter the same severatly become dur and payabte, witlwut de~nand or norice, or ~c) in the eveM each and every the stipulat~ons, ag~eements, tond~rions and covenanr~ ol sa.d promiswry note and th~s moitgaye any o~ e~ther are not ~uly, promptiy and f~lly ;,erformzd, d:uharged, executed, elfect~, tompleted, compiied weh and a6~ded by, then in e~thet or any such eve~t the sa~d eg 3~e9ate sum menAOned in sa~d promissory note then remaining unpa~d, with interest acc~ved, and a~l moneys setured hereby, shail become due a~d pay- aU:e forthwith, or thereafter, at the oprion oi said MORTGAGEE, as (ully and comp:e~ety as if all of the said sums of mooey weie or~ginally st~pu,atcd fo be pa:d on such day, anything in sa:d promisso~y note o~ in this Mwtgage to the comrary notwithstand~ng; a~d thereupon or thereaFter at the opr~on of s.;:d M,ORTGAGEf, withovt rtot~ce u~ demaad, suit a1 law or in equity, Iherefore or thereatter begun, may be prosecuted as if all morteys setured hereby n_d matured pnot fo ~ts inst~tut~on. 7: That in the even! that at the begion~ng of or at any time pending any suit upon this Mortgage, or to foretlose it, or to ~eform it, or to entorce payment ot any claims hereur.dar, said MOR7GAGEE sha? apply fo the Covri having jUr~:d~ction thereof (or the appointmeM of a Receiver, such Court shall fcrthwirh appoint a receiver of said mortgaged property all and singular, in~lud ng ali and s~ngutar Ihe income, prolits, issues and revenues from whatever so~rce dxrived, each and every of wh;ch, it being expressly unders~ood, is hereby mortgaged as if spec~fi~aNy se! farh and deu~ibed in the granring and t~abendum clavses hereoF, and such Receiver shall have alt the broad and effecr;ve funct~ons arx! powers in anywise emrusted by a Cou.t to a Receiver, and s: ch appointme~~t shall bc made by such Court as an ad:nitred equity and a rnatter oi absotute r+gfit to said MORiGAGEE, and withovt reference ro the edequacy or i~adequacy ot ehe vatue of the piope~ty mo~!gaged or ro the so.vency or insolvency of said MORTGAGOR w the defe~dants, and ~hat s~ch _~:n, profits, income, issves and revenues shall be appGed by such Recriver accoroing to the Iien or equity p( said MORTGAGEE a~d the praUice of such Court. B. To duty, promptly and iuily perform, discharge, execute, effecr, complete, :ornply wi?h and abide by each and every the stipuiations, agreements, condiY~ons and covenams m sa~d promissory note and this mort~age set forth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, !he :'.ORTGAGEE, its successora and ass~gns, may, wiihouf noiice to the MQRTGAOR, deal with such suctessor w sutcessor in interest with reference to this ^~or~gage and the debt hereby secured in the same manner as wfih l.twtgago. wnho~t in any way vit~ati~g or d~uharging the Mortgagori liability here- ~nder or upon the dzbt hereb~ sewred. No sale of the prem~ses hereby mortgaged and rto forbea~ance on Ihe part oi the IdOR~GAGEE or its successors cr assigns and no extension of the r,rne for ?he payment of the drbt hereby secured given by the MORTGAGEE or its successors or ass:g~s, s~iail operate ro reiease, d~scharge, mod~fy change or affect ihe or~g~nal liaodity of the M.GRiGAGOR herein, either in whole or in parl. 10. It is speuFicat~y ag.eed that time is of the essence of thls contract and that no waiver of any obligation hereunder or of the obtigat"an se- cured hereby shal~ at anf time rh~reafrer be held to be a wai~er of the te~ms hereof o~ of the instrumem secured herby. )1. !n add.r;c~ so tt,e forego month!y payments of prfr,c paE and interest required by the prom!tso~y nae secured hereby, mortga~or eovenants d ayrees to pey ro Raortgagee ~n~th each mcn!hiy pa~~..e~~T an acid~~iunal s~m esnmated b~ morrgagee to be equai to l; 12 of the annua! cost of the foltov.~- A-All real prope~ry tax,rs iev~ed or assessc•d a~~~•~st the above dcsai~cd real estate_ B-premiums o~ fir~ and vei~~dstorm insurar.ce as here~n requ~red to be ca+ried on the improvements situate on the above destribed premises. C-Prem~u:. s on such m.ortgagp gua~anty ir.s~~a~:ce as mo~~gagee shall fro n r:me to time deem frt to ca~ry on the loan sewred hereby. hlortgagee s~o~~ 'rcm t~me to t~me notify monyagw In writ~ng oi the dT,OUM due and payabte hereunder and such su.m shall thereupon be due and c~yab;e on the due aafe of the n=.xt month!y payment and each successive month thereafter uwil mortgagee shall notify mortgagor of a ch ge in such oun!. Such sums sFa.f ~e app~~ed i,y mo+!gayee toward the paym.e~t of real property taxes, insurance prem:ums, and mortgage guar y- insurance ,re~r.iumS. - 1^J \'lITN[5S '.'~HERE~F, the said M,ORTGAGOR has hereunto set h~s har.d and seal the day and year f' w ~d. , Si~d, $ealed and d~ver~ in the presence of: ~ tis -o _ ; Seaf) L (Seal? - - (5ea1) - lSeal) ; ST :TE OF FIORIDA ~ r ; ~OUNTY O~ St . LU.. J C? ~ ! Before mepersonallyappeared ~1COi : E. F3:O~Vi1, Jr. and ~ Sane~~J Ci. KZOIVI: his wife, to me well known and krtown to me to be ~ 'he individua:s described in and who executed the to~egoing instrument, and acknowtedged before me that they executed the same for the purposes 4 r~~erefi expressed. And tAe said S`1'n~~~ C'• Rro~vn . s.~fe of the sa~d E. 8ro~vn . TT . ~ 1 C~~ l~ . opon a separate and private ~ e• am~nanon by me taken separate and apart from her sa~d husband, acknowledged to and before~me that she executed said instrument freely and volua :~n;y and w~tho~i any compuision, consrraint, appreher,s~on w fear of or from her said husband. j r~. ~ , , WITNE55 +ny hand and offic:a! seal this_._~ J day of A. D. 19~ - ~'~~tr-~' . ' Notary PubGc in and for tjfe Stat~ of florida at large 3 Rc!urn To: My Commission expires: F ~ First federal Savings 3 loan Associat;on _ h^ ~y ~,~,F nt c~{;At~A Of ~c~t P e:ce. K LAR~'aE ~ Fott Pn,rte. Florida ~ c.. Pi 1~ 7 ~L`:::.~~~'^~. . . ~ . a~~> h.P.~,~+ v~, ~`i/ - ~~~~r~~• ~ R-., b~ ~ - , i LEO ANO REN~RQi ~~0 ~,S'. `-t;•; Y~+ This Instrument Prepared By ~Z: ch~ r~! K. K~y ~^S~•IUCt~ CQU : ; First Federal Savings 8~ Loan Association ROCER POITitAS __.i : ~ 1~~~. ; of Fort Pierce , f-~ o r y~~ ~ CLEaK CIRGUIT COURt o;~ a L? ' ~ . REC4RC YEF.tFtE~ ~ ~y %s. 2? ~°.wQC` i b . ~ ? Checked B 1~--_ - ~ ~i . y b 9 34 ~M'13 ^ ~ ~1~• ~ ~ r4T.ti-~,.~`. (~'e;,:, 258282 8(~RK F4Lf ~•77 ~ _ _ _ _ = ~ :