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Home My WebLink About0314 J. To plate and cont~nuousty keep on the bu~ J~nc~s ncw or he~ealier ~l~u~~e on sa;d !and and on alf equipmrnt ar.d pe~sona'ty ~overed by thia mwtq- ega, with all premiums thereon pa~d in f.,~t, f;rt ~n:wenc~ ~n the usv~l s~a~~di+d po'~t/ form, in a s..m a~.~uu~ed by ~he MOR~:,AGEE, ar.d w~ndswnn insurence in ~he usual s~anda~d po:.cy fwm, in a sum appioved by ~he MORiGAGEE, in such compe~~y or co~rpar,:es as the A10RIGAGEE may d~retr, and al{ ti~e a~d wlnJuorm insura~ce pol~c~as on any of sa~d buitd.ngs, any intereat therein or part ~hereof, in tbe s£]grrg~te t~m afo~csa~d or in e+teis the+eoi, shall [ont~in ~be usva{ ua:~d.;~d morryogre tia~se or such othe? tla~se as Ihe Mortg~gee may reqvue, ma?~ng ihr Io~s unJar sa~J poli- c~es, each and every, payab'e ro sa~d MpRTGAGEE as its im~vrst ma~ ai~pear, and each and every such po:~cy s1.a14 br p+omp~~y ass g~~ed ar~d de+~vt•red to any held by sa~d htOQ~GAGfE as i~i~her secur~ty ro sa~d nio.tg~ge debt, and, no~ Iess than ~en (IOf daya in advnnce oi the eap~~elion of each poticy, lo dr Gver to said MORiGAGEE a renewal thereof, toge~her wuh a-rece~pt ior Ihe prrmium ol such rentwal; and tiir~c s~~a=1 be .w Lrr o~ w~nde~o~m insurance p~acrd on any o( said build~n~s, any in~erest Ihere~~ w pa~t thcreof, unteas in the form and w~rh ~he losa paratte as e4cresaid; and in the event any sum of mo,xy beco~nea puyabie under s~ch policy ar pol~cias sa;d MORTGAGEE sh~ll have the opt~on ~o rece+ve .,nd app!y the sa~~~e on accounl of the ind~btad- ness secured he~eby or to perm~f sa~d MORiGAGOR$ ro recrive and ~se it a any ~~a~t ~he:rof Icr o:mv c~~rE ~s~~s. .•.:~r.,,_r rh_••, f,r.,;.; ;;r ing ~ny equ:ry, licn or riyht undrr or by vinue of th;s mo~•gnge; and in the event sa~d MORTGAGQRS shaU for any ~cason fail to keep ihe said p~emis=s so ~nsured, or fail to deliver pro,nptly any of said po6cies of insuran~e to sa~d MORIGAGEE, or fa~l promptty ~o pay fuity any pre~m~m therefer or in a~~r respect fail to pe~torm, d~scharge, erecute, effrcf, compiore, con,ply w~rh and abide by this covenans, o~ any part hr~eof, sa~d MuRTGAGEE map place a~o pay ior such insurar.ce or any part thereof w~~hout waiving w affrcting any opt~on, lizn, eqwty, w nghi under w b/ virtue of this Mo~~gaga, and the f~ll amoun~ of eath and every such paymem shall be immediately due aod p~yable and shalf bear interest irom the date thercof ur~t~l po~d at 1he rate ol n~ne per ce~rum pe~ ann~:n ar~d to7eth~~i v~,,th such intcrh~t shali !~e s~•c~red by ~he lien of this mor~gage. I. To permit, commit or suffer no waste, impairment w deterioration of said property o~ any part thereof. S. To pay atl and singular the costs, cha~ges ard expe+~ses, i~cluding a reasonable attorney's Fee and costs of absTracts o4 title, incur~ed or paid a~ a~Y ~~me by said MORTGAG'.E, because o~ io the event of the fa~lure on the part of the said MORTGAGpR ro duly, ~ro~nprly and fuUy pe~lorm, d~scharqe. ~¦ecu~e, efiect, compfete, comply w~~h and ab:de by each and every ehe stip~let~ons, agreements, conditions, and covenants oi sa~d promissory note and ~h~~ .~+or~gage any or e~~her, and sa,d costs, chargea a~d exprnses, each and every, shatl be immrdiately due and payab'.e; wF,ethe~ o~ not there be no~~ce da mand, attempt to Co::et1 0~ suit pending; and the (vl! ar~wuN of eatb and every svch paymero shaU bea~ interest from the datC therrof until paid at tht ~.:re o~ nine per c~nt~m p~r annc:n; a:~d all said costs, charges a~~d c,.::a~~ses ;ncu~red w paid, ~og~ther wah such irterest, shall be secured by the tien of th~~ mortgags. 6. That (a) in the evenf of arty breach of this Mo«gage ar de{ault on ~he part of fhc ASORTGAGOR, or !b) in the eve~! ar.y of sa:d s~ms of money hrrein referred to be no! prompily and fully paid wi~hin th~rty t30; days next after the same aeveratly becane dve e~.d payobte, w+tluut demsnd or notice, or ic) in the event each and every ~hr stipu:at~ons, agree~~ents, tond~rona and cove~ams of sa d promissury nore ar~d th:s mortgage any w e~thrr are not 1vly, promptly and fully perfonr.ed, dscharged. e~ewted, effecl~, ~ompleted, compiied with and ab~ded Sy, then in either w any such event the sa~d ag- g~e3ate sum mentioned in said pro~nhsory no~e then rema~ning unpa~d, with interesl atcrved, and atl moneys secured hereby, shall become due and pay- ioie forthwifA, or thereatter, at the opr~on ot sa~d hS0$7GAGEE, as fully and compierely as i4 atl of dse sa~d wms of money were o~~~inally stip~:ated to be paid on such day, anyihing in sa.d pro~r.'ssory note or in th~s Mortgage to the Contrdry notvvithstandiny; and tLe~eupon or thereafter al the opt~on of sa~d MORTGAGEE, without ~ohce or demand, suit at Iaw or in equ~sy, thereiore w thereatrer begun, may be prosecuted as ii all moneys setured hereby r„d matwed pnor to ns institution. 7. That in the event that at the begin~~ng of or at any t~~ne pending any suit upon thi= Mortgage, or to (weclose it, or to reform it, or to enforce p3yment of any ciaims hereunder, said MORTGAG~E shall apply to the Court havinq ~unsd:u:on therecf for the appo~nr.nent of a Receiver, such Cour~ shail fc: thwith appoinr a receiver of said mortgaged prope~ty aIl and sin9ular, includ,ng a11 and s~ngu~ar the ir.come, proi~ts, issues and reve~ues from whatever sou*ce dr.~ved, each and every of whrch, it be~ng express~y understood, is hertby mortgaged as if spec~f~caily set for~h and dexribed in the graming and hsbendum clavses hereof, and such Recelver shaii have a:l the broad and efiecrive funcr.ons and powers in anyw~se emrusted by a Court to a Recei~er, and s_ch appointment shali be made by such Cowt as an ad~nittrd equity and a matter oi absolure r:gM ro said MORIGAGEE, and without reference to the adeqvacy a ioadequacy of the vatue of the property mortgaged or to the so:vency or ;nsoivency of said MORiGAGOR or the delandants, and rhat svch reors, profits, intome, iswes and reven~es shalt L•e appiied by such Receiver accord~~~g to the lie~ or equity of sa~d MORTGAGEE and the pr~ctice of such Court. 9. To duly, promptly and fut~y perform, d~scha~ge, execute, efFect, corr~!ete, comply w;th and abide by each and every the stipulations, agreemenls, conditions and covenanu lrt sard prem~ssory no~e and th;s m.ortgage set forth. 9. 7haf in the eveM the ownership of the mortgaged p~emisea, or any part thcreof, bccanes vested in a per~n other than 1he MORTGAGOR, the ~:.ORTGAGEE, in successors ar,d ass~gns, may, w~~hout nonce to the VIORiGAOR, deal with wch successor or successw in interest with relerence to th;s mo~rgage anJ rhe d•_bi tsereby sewred irt the same manne~ as w~rh 1.lwrgaqor w;fhovt in any way vit:afing w d~scharg~ng the Mortgagcrs' liabiiity herr under a upon the debf hereby secured. ho sale of ihe p.emises n~~reby rnortgaged ard no iorbeara~ce on the part of the ?AORTGAGEE e~ its successors or assigns and no exrension of fhe ~~me ior ti,e payment of the deb~ here6y secured given by the b10RTGAGFE or its svccessws or ass:gns, ,hail opera~e ro re~ease, d~scha+ge, mod~fy change or affect ~he origmai liau~tny of ~he MORTGAGOR berein, either in whole or in part. 10. It is spec~ficaliy agreed that time is of the essence of this contract and that no waiver of any obs;9at~on hereunder or ef the obligation se- cured hereby shali at any tirT,e fhereafter be held to be a walver o( the terms hereof w of the instrument secured he~by. 11- In add tion fo the iorEgc ng momh y F.ayni^nts of p~inc pal and inreres~ reqv~red by the p~om:ssc~y no~e secured hereb~, morrgagar eovena~ts +~•d agr_es to pay to morT~ageC v.rth each :~en*h~y F,ayr ;Eni an add:~ional sum esr~r:a~ed by mortgaqee to be equal to 1' 12 of tie annual cost of the follow- ~ ~:3: A-A!I real property taxas ~evie,a, or assessed ag~~•~st thc above desaib~_d reat estate. B-Prern4~:ns o~ fre and v:~r.dzto• n mwra,:ce as ner,~~r req-~:red to be ca~ricd en the [mFroveme~ts s~ruate on tha above desvibed premises. C-Premiums on such mortgage g~a~ar.ty irs~ra..ce as mo-fgagee zhatl fro~r. t~me to t~me deem fit to carry on the toan secured hereb~. 'Mortgagee s^ail from time to t ~~e norefy mo.tgagor in wrinng of the amoum due and payable hereundrr artd such surn shal! thereupon be due and F ayable on the due oate of the nert moMh:~ payme~t and each ~ccessive month the~eafter ur.til mortgagee shall notity mortgagor of a change in such ~^.ovnt. 5uch surr,s sF-a:f be aar'~eJ by mortgag..e to~ard the p~yment Of rea! p~operry taxes, insurance prem:ums, a~~d mortgage guaranty insurance •emiums. IN tVITFJE55 :='HEREOF, tne sa~d h•ORiGAG~?R has hereu~to set his h~r:d and seal ~he day and year ferst aforesaid. S;gned, Seated and de~ivere in the presence of: ~ ~ (Seaq ~~G/~~' C_i~ CC ' (Seal) - ' (Seal) - - i C (ScaQ STATE Of FLORIDA - 1 `~'?J!JTY OF _ St• ~.L1C~@ ~ 8efwe me personally appeared ~YVey F• $tOYy and ` AI~CQ C. $tOYV his wife, to me wetl known and known to me to be ! the ind;v~duais descr~bed in and who executed the fwegoing instrument, ar?d acknowledged before me that ehey executed the same for the purposes ~ therein expressed. And the said___ ~~C@ StO1 V ~ N~ie of the said Harvey F• Story upon a separate and private ` e,am~nat~on by me taken separate a~d apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- ~a~~ty and wlthout any compuisio~, constraint, appreh ~s:on, or fear of or from her said husband, • W11NfSS my ha~~~and officiat seal tn~s--- day of_ `~~y A. D. i9 73 _ ~r~ ~ i~~ - t _ - ' . ~ ~ : ~ ~ • : Notary P~blic in and tor the e of Ftorida st Large . , % ~ • O't~~ ~ i ~ ' My Commission expires: " • etur~t To: ; = Fyst.+P~der~~ ~avings d~ lc~p ADSOC~at:on ' ~ O~f iort P~e:~. - ~ ~ie~ce; flotld Naary ?ub~c. Stai~ o/ fl~tida ~f 1d~ ~i~~ : ~J~` M~ [oR~m~sHOn E,prN Od. ~0, 1l76 j ~ . ~i ~i, iond•d ?r tine~~can fi~r i Goswhq G.. ; ~~i T ~ V i~~h,n A't ; fihis ~i~~4'r'ument Prepared By J• H. Roberts~ Jr. - j~L~D AN~ RECORDED First Federal Savings 8 Loan Association s tUC1E COUNTY fLA. of Fort Pierce~ Flor ida ~OCER PO~TRAS t C~ERlc C~R~~~T COURT ~ ~ . RfCORD VEFlFIEC.~„~, ' Checked By ' 6 3 ac PH '73 ; 3~~~~~Ci ~~~,r; •J.L~ 25835'~ _ _ _ - - - - - - _ _ _ ~ t ~ < ~ { " ~'v x ~ ~s~ ~ ~ ~ ~ ~=r.~-~ ~'-A. h.'~t~r ~ - - . _ ~