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Home My WebLink About1314 3. To place and continvously kcep on ~he bui'd~ngs now w herea(ta ~i~uate o~ sald land and on ali equipnent ~nd pe?sonally covertd by thit morl¢ sg~ with all premi~ms lhrreon pa~d i~ futl, fire insunnce in the utu~l seanda~d policy lorm, in s sum apptovad by the MOR~GAGEE, and windstorm insur~nc~ io th~ vtwl ttandard poGcy form, In a ~um ~pprovcd by iM AhORTGAGEE, in tuch company o~ compa~ie~ as ~hs MORiGAGEf may dinctt ~nd aU (ir~ and windsto~m insurince policiea on any of said lw~'d~~ps, a~y i~te~~s~ therein or part thereof, in ~he ~ggre9ate sum alor~ssid or In ~xc~ts ~hereol, ~hall co~tain the ususl standard morrpa~e~ clause a iuch o~ht~ tlaus~ ai the Mo?~yagt~ msy requ~r~. malinp ~he lou v~der sa+d po1F ciss, e~ch ~nd every, payab~e to taid MORTGAGEE as irs intere~l may appear, and c~ch snd every tucA policy ~hall be p~omp~ly ass.qned snd delivered to , any heW by said MORTGAGEE ~s furthe~ aecurity to wid mon9aQa deb1. ~nd, ~ot leu tM~ Mn (10) dayt in sdv~nce of the •xpiration of each policy, to tis- I~vN to said MORTGAGEE a renewal ther~of, to~e~ha with ~ ~ece~pt fa tM pr~mium of such rer~wal; and ~he~e sMll bs ra f~re or w~~d~?orm insurenc~ plaud on any of Hid buildings, ~e?y intuat thtreie? or pa~t the~eof, unleu in tM fwm a~d with tFw loss payab~e +t afwesai~~ and in tFw• sve~t any sum of monay becor?~a payab~e v~der such policy a policies said MORTGAGEE shall Mve the op?ion to receive snd appty ths same on account of the lnd~tbted~ ness secured hdUe~y or ro permit said MURiGAGORS ro receivs and us~ 11 or any part thereof for ahcr purposes, wi~hout ths.eo; wai~i~~g o~ nnpair- infl any equ~y, lie~ w rght unde~ a by virtw of this mwtg~pe; and in tM ~vent said MORTGAGORS ihall for sny reawh (ail to keep the ~sid premises w insured, or f~il to delrver promptty a~y of said polities of ir?suranc~ to aid MORiGAGfE, or fait promptly to pay fully any premium thereior w in any .sspecf feil ro paforery d~uMrge, ~xecuq, effM, comple~e, comply wirh and abid~ by fhis cova+anl, o~ any parl Mr~of, iaid MORTGAGEE may pl~ce and paY for auch ituurants o~ ~ny part thereof without w~ivi.q w sffec~irg any optior~, li~n, puity, w riqM undar a by virrw of ~h7~ Matgage. and ~he full amount of rsch u+d ewry ~vch p,yme~r •h.l! bs imm~di~ttly dw ud p~yable ~nd ~all be~r inta~etl from ~he dat~ the~eof until paid at the ~ate of • nine per ce~tum per ~nnum and together with suth inte~eat shall be setwed by the lien of this mottgage. ~ To permit, commit o? suifcr no waste, impairmenf a deterior~tion of said property or ~ny part thereof. S. To pay all and sinpui~r the cosb, charpes and expenses, includinp a reawnable attwney's fee and costt of absr.ad~ af titls, incurred or p~id at ' er,y tima by sa;d MpRTGAGff, because a in the event of the iailu?e on 1M part of tha ssid MORTGAGOR to dvly, p~wnptly and fuUy periam, d~uharge. ; execute, efteN, complete, comply with and ab:de by esch and every the itipufatbns, agreements, ca+ditions, and cover+ann oi said promissory note and rhit ~ mwtyage any a a~her, and sa~d cosy, chuyes a~d e,cpa+sei. each and every, ~hall b~ immediately dw and payable: whether or r+of there be norice ds ~ mand, attempt t0 tollett p iuit p~ndingj and tM fvll amount of each a~d every s~ch p~ymeM ihall bss. interost from the date ~he~eo4 until p~id ~t ~he ~ ra~e of nine per centum per annum; and all said costs, charyel and expenses intv~red o? paid, fogether w~th suth inieresl, shall be setured by the lien of thi~ monyage. • i 6. Tha~ in the ~v~r?t of any Iueach of this Matgage w defa~lt on ~ha part of the MORTGAGOR, or (b) in ths event ~ny of satd wms of money herein roferred fo b~ not prwnptly a.~?d fully paid within fhirty (30) days next after 1he same severatly become due and payable, withouf dem~nd or notice, or in the event each and every the stipulaGons, sgreements, condition~ snd covenants of sa'~d p~omissory note and th~a mort9age any o~ either ue no1 ~uly, prpnpHy and futly perfwmed, dacharged, executed. eifected, completed. compUed with and abided Sy, then in either w any such eveM the sa~d ay- gregsre wm menrioned in ia~d promiuory note then remaining unpaid, with inre~ei? xcrued, ~nd all moneys secvred hereby, shall become dw and pay- eb!e fwthwith, or thereafter, at ~he option of said MORTGAGEE, as fvlly ar~d completely as if all of the wid sums of money were aiginatly st~pulated to be paid on i~ch day, anything in said promiuwy oote a in this Mwtgage to the cantrary ~otwirhseending; and th~vevpon a thereafter a1 the option of ~ ~aid MORTGAGEF, wirhout no~ice w demand, suit at law or in equity, therefae or thereafter begun, may be prosecutcd a~ if all moneys secured hereby had mafured prro~ to ~ts institution, i 7. That in the event that at the beg;nn~ng of or at any time pending any sutt upon this Ntortgage, or to fweclosa it, or to refarri lt, or fo enfo?cs ~ payment of any claims hercundrr. said AAORTGAGEE shal{ apply to the Court having jurisdiction thereof (w the appo~ntment of • Reteiver, such Court shall iorthwith appoint a recciver of said mo~igaged propeety all and sing~~a~, intlud~ng all a~d iingular the income, profits, istues and revenues from whatever ; source derivcd, each and every of which, it 6eing expressly unde~stood, is he~eby mortgeged ss if speufically se1 fonh ~nd desuibed in the 9ronting and habendum clauses hereof, and such Receiver shall have all the b?oad and effective funct~ons arxl powers in ~nywiu emrusted by a Court to a Receiver, and a~ch appointment thall be made by wch Court as an admitted equity and a mancr of absolute right to said MORIGAGEf, and without i~lererxe to the adequaty p inadequaty of the v~lue of the property mortgsged or to the sotventy or insolventy of said MORTGAGOR p the defendants, and that such renrs, profits, income, iuues and revenves shall be apptied by such Receiver sccord~ng to the lien or equity of said MORTGAGEE and the practice of such Gourt. B. To dvly, promptly and fully perform, discharge, execute, ef(cct, co~nplete, comply with and abide by ~ach a~d evcry the stipulations, sgreeme~ts, ` conditions and covenants in said promisw?y note and this mortgage set fath. 9. That i~ she event the ownership cf the mortga9ed premises, a any part thereof, bctomes vested in a person other than the MORTGAGOR, the h10RiGAGEE, in successon and ass~gns, may, wirhovr notice to the MORTGA~R, deal with such successw or iuccessor in interest with reference to this mor~gsge and the debi hereby secured in the same manner as with Mortgagor w~thout in any way vitiati~g o? dixharging 1he Mortgagori liability herr under w upon ~F~e debt hereby secured. No sale of ths premises hereby mortgaged and no fwbearance on the pan o1 the MORTGAGEE or its succeuws or assigns and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successori or assigna, shall ope?ate ~ to reiease, discharge, modify change or aifed the original liabiiity of the MORiGAGOR herei~, eithe~ in whole or in part. - ' 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obtigar~on hereunder or of the obligation se- cvred hereby ~hatl at any t;me thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~lion to the forego:rtg mon~hty payments of princ"pal and interest required by the promissory rtote secured hereby, mortgagor covenants ard agrets to pay to mortgagee vvith each monthly payment an add~iional sum est~mated by mortgagee to be equat to 1 j 12 oi the annual cosf of the follow- ing: - A-Afl real properry laxes levied or assessed agai~ut the above described real sstate. 8-Premi~ms on fire and windstorm insurance as here~n requ:red to be car~ied on the improveme~ts situate on th~ above described premises. C-Ptemiums on such mortgage guaranty inwrar,ce as mortgagee shall from time to time deem fit to carry on the (oao secured he:eby. Mortgagee shafl from time to time notify mwtgagor in writ~rg of the amount due and payable hereunder and such sum shall ihereupon be due and Fayable on the due date of the noxt monthty payment and each successive month theresfter urtil mortgagee shall notify mortgagor of a change in such a•^oun1. S~ch sums sFall be appiied by morigagee toward the payment of real property taxes, insurance prem:vms, and mortgage guarar+ty insu~ance premiUmt_ - IN WITNESS +NHfREOF, the saSd MORTGAGOR has hereunto xt his hand and seal the day and year first sforesaid. 6~ ed, Seated and deli red in the presence of: ~ '~~~A ~ _(Ses4 BVdI1S @11 ~e~ - - Ses4 ' n ce R. Harrel ~a~ , ~ STATE OF FLORIDA ~ _ ~ ' couNnr oF ST. LUCIfi ~ ~ i Before me penonally appeared ~dIIS 8. ~II@11 s~ ' Jani~e F. Harrell his w~fe, to me wetl known and known to me to be ~ tha individuals desvibed in end who sxecuted the for ~ ~ E eqo'ng instrvmenf, and ackrwwledged before me that they executed the same for the purposes ~ ~ha.e;~ ~x~.~,ea. n,~a Janice R. Harrell ; ~ ,~~fe ot ~;a _ _~vans S. Harrell - .,~0,; , ,~+t~, ~„d ~;~~,e ~ ' examinstio~ by me taken separate and apart from her said husband, acknowledg~d to and befwe me that she exetvted said-kyt~~qyq(if~~'rte~/~ind voturr ia~;1y and w~thout any computsion, ca~st~aint, app~ehent;on, a fear of or from tkr ssid husbsnei. - ~ WliNE55 my hand and officisl seal this f) day of .~1 ^%~~~•:p ~~4~ [ ~ ~ ' ~ ~ ' - ; Notary Publ~t in and for tF~e Stffi! ' at laS~s ; My Commissiw~ ex~~iV Pu6C . ~ lc` • Rerurn To: • A ~:tL@RjOA~`~(1RGE ~ ~ First Federsl Ssvings 3 loan Association ~ CEp~ 4 B~onde~d M~U?~ 11mEr'.•~p'~~,~,~ 1975 ~ Of Fort P~erce. , '~J'~r~ ~~,?'i~CQ W ~ Y ~ Fort Pier.e, florida j € , S ~ This Instrument Pre ared B RiChard K. Ka @5 F~~ED RNU RECORDED P Y- Y St.IUCIE COUNIY FLA. First Federat Savings ~ Loan Association AOCER PO~tRA$ ~ ; of Fort Pierce~ FlOridl ~CIERK ;I:tCUiT COURT !~fC0R0 vE~t~1ED ~ Checked By - ~u j~ Q v~1. ~7 32 ~'7~ ! 8oac216 ~~~1314 259039 ; ~ ~ ~,~i - ~ - - - - - - ~ ~ ~ w ' ; ~ suz,~~~ . _ _ . ~ ;t,'~