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Home My WebLink About1401 3. To place and continyoualy keep on the bui:d~ngs now a MreaftN ~~tuaN on sa~d land ~nd on att eauipmen~ ~nd p~~wn~lly tov~r~d by thit mwt¢ ~g~. with •11 pr~miums tAereon pa~d in full, fire insursnce i~ ths ~tu~l standsrd policy (orm, in • fum ~pprored by fh~ MORIGAGEf, a~~d winditwm insur~nce in tM vsual i~andard pol:cy fo~m, in a sum app~ovad by ~M MORTGAGFE, in ~ucl+ compa~y or compan~es as tM MORTGAGEE m~y d'u~ct; and all tir~ and w~ncl~torm insura~+ce pol~cies on ~ny of iud build~npa, a~y interefl Iherein w p~rt thtrtot, in ?M aqyrepate ~um ~fa~taid a !n ~xtesf thereof, thall coNain Ihe usual stands~d mor~paye~ claus~ w ivth othtr cl~~se ~i tM AAatyage~ msy ~equir~, ma4inq tM losf v~+de~ ~a~d po~i~ da, aach and e.ery, payable to said MORTGAGEE as ~~s in~erest may appea?, and e~ch and e~ery suck pol~cy fhall b~ promptly aµ g~ed ~~d detivcrnd ~o ~ny hsW by iaid MORiGAGEE ~s Fu~ther security ~o asid ma~gafl~ debl, and, rat leu tMn ten (10) days in sdvance ot the ~xpiration of each pol~cy, to de- liwr to said MORTGAGEE a renewal thereof, toye~hK wi~h • rec~~pt fa the premium of ~~ch ~enrwal: and ~her~ fhall b~ no i~re or winds~orm insuranc~ pla~ed on ~ny of s~id buildin9i. ~ny interesl therein o~ part Iha~aoF, ~nks~ in tM form ~nd with tM toss paYable ~t afwt?aid: and in the event any sum of mon~y becomes payablt under such policy w potKie~ said MBRTGAGEE shall Mvs rhe opt~on to ~eceive and ipply tM ume o~ acco~~t of ~M indebied- neu ucwed he~eby oi b permil said MORTGAGORS ro receiv~ and use i1 q any parl thereoi fw other purposes, w~~ho~t ~h4rco~ waivi,~ o~ u,ipair ing any equity, lien or .igfit unde~ a by virlus of thii mo:~yage; and in fhe event sald MORTGAGORS ~haft tw any reaswi Iail to keep ths said premises {o insured, a f~il N detiver promptly a~y of said policies o1 insurants lo s~id MOR~GAGEE, w(ail promptly 1o pay fu11y any premium lhereiw or in any respett fail b paform, discharge, ~xecute, e(lec1, tomplete, comply wi~h ~nd abid~ by thit mvenant, p any pa~t heteof, ss~d MORTGAGEE may ptxe a~,d pay fw tuch in~urance or •ny part thereof without wsiviny o~ •ffectirg any option, li~n. equ;ty, w righ~ under a by vi~tue of this Mortga9e. and the full ~mo~nt of each and evay such p~ymeM ihall be imrnediately dw a~d payaWe •nd shall b~ar iMerest from the d~te the~eof un~il paid a~ tM ~at~ ot nine pe~ centum per ~nnum and together with tuth ~n~erost shaU be securcd by the litn of Ihis mort9age. 4. To permit, commit or suffe~ no wasts, impairment a dcterio~atio~ of ssid properry or any parf the~eof. 5. To pay ~II and sin~ul~r tl~s coats, charyes and e,cpenses, including a ieaso:wble +ttorney i fee and cosfi of abstrads of title, incurred w pa~d at nny time by wid MQRTGAGfE, bccause w in the event of the iailure on the part of the said MORTGAGOR to duly, promptly and fully periorm, discha~ge. execute, effect, complete, comply w~th and abide by each and eve~y the stipuiations, agreements, condifioro, and covenants of said promissory note and thi~ morrgaye any o~ eieher, and sa~d cosb, clurges and expcnse~. each and every, aMll be immedia~ely dve snd payable: whether w not there be no~~ce de mand, attempt to co~lecr or suit pending; and the fvll amovnt of each ~nd eveey svch payment shall bear interes~ from ths date the~eof until psid at th! ~~~e of n;ne per centum per en~~um; and alt said cos~s, charges and expenxs ~ncurred or paid, together w~~h such inlNRtl, shall be secured by the lien of thu mortpaq~. 6. That (a) in tF~e e.enf of any breach of this Mortgage a deFauft on 1he part of the MORTCaAGOR, or (b) in the event any of sa~d svms of money he~ein reierr~d to be not promptty and tulty paid wirhin thirty (JO) days riexi after lhs same severally become due ~nd payable, withoul demand or notice, or in the event each and eve~y the stipulaiions, sgreements, conditions and covenants o1 sa;d promissory note and th~s mortgage any a either are not iu;y. promptly and fulty per(wmed, d;scharged, executed. effected, completed, ca»plied with and ab:sied by, then in eifher or any such evem tM sa~d ag gregate sum menrioned in said p?omissory note then remaining vnpaid, with interest acuucd, and a!1 moneyi setured he~eby, shall btcome due and pay~ able fwthwith, w the~eafter, at the opt~on of said MORTGAGEE, as fvlly ard completely as if sll of the said sums of mooey were wpinally sr~pu~ated 1o be paid on such day, anything.in sa;d promisswy note or in th~s Mafgage to the contrary notwiihstanding; and thercupon or thereafter at the op~ion of sa;d MORTGAGEE, without not~ce o+ demand, suit at law or in equ~ty, therefwe or the~eaher bagun, may be prosecuted ai if ~II moneys secured hereby nad mafurcd prwr to in ins~~rution. 7. That in the event that at the beginning of or at any tirtse Rending arty svit upon this Mortgage, a to fweclose it, a b refwm it, or to enforte paymc~t of any claims he~eunder, wid MORTGAGEE sha11 apply to the Court having jur~sdK~ion thereof fa the eppantment of s Receiver, such Courf shall Forthwith appoint a rece~ver of said morlgaged prope?ty atl and singular, includ~ng all and aingula? the income, profits, iuues and revenues from whatever source derived, each and every of wh;ch, it be~ng expreuly u~ders~ood, is hereby mortgaged as if speu~icelly iet forth and deur~bed in the yrsnting and habendum ctauses hereof, and such Rcceiver shall have ail the broad ~nd ef(ective funct~o~s and powcrs in anywise entruited by a Cour1 to e Receiver, and such sppointment shall be made by such Covrt as en admitted eQu+ty and a maft~r o! sbsolute righl to ssid MORTGAGEE, ~nd without refere~ce to tt~e adequacy a inadequacy o} the value oi the p~operty mwegaged or to the so~vency w insolvency of said MORiGAGOR or fhe deiendants, and that such ren~s, profits, incort~e, iu~cs and revcnues shall be applied by such Receiver accord~ng to rhe lie~ a equity of uid MORTGAGEE snd Ihe prect;ce of such CovR. 8. To duly, promptly and futly perform, discharge, execute, effect, complete, comply with-and abi~k by each and every the stipulations, sgreeme~ts, conditions ~nd covenanu in sa~d promisswy note and Ihis mo?tgage set forlh. 9. That in the event the ownership of the mortgaged premfses, w any pa?1 thereof, becomes vested in a pevson other than the MORTGAGOR, the MORTGAGEE, its s~tceuors and ass~gns, may, witlwut notice to the MORTGAOR, deal with such successor o~ successw in interest with reference to this mortgage a~d ehe debt hereby secured in the same mann¢r as with Mortgaga w~thout in any way vitiating d dixhargi~g the Mwtgagors' liab+lity F?e•e- under or vpon the debt hereby secured. Mo sale o~ the prem;ses hereby mortgaged and ~o forbearance o~ the part of the MORTGAGEE w its sutcessors or assegns and no extensio~ of ~he time fw the payment of the deb~ hereby secur~d given by the MORTGAGEE or its successors or auigns, .hall operate ~o release, d~scharge, mod~fy change or aFfect the original I~ab;ifty of the MORTGAGOR herein, eithe~ in whole or in part. 10. It is speufical(y agreed ~hat time is of the euence af thF~ coo~rxt and thst no waiver of any ob4gauon her~under or of the ob{igation sr c~red hereby shall at any time thereafier be held to be a waiver of the terms hereof or of tF?e instrument arcured herby. 11. In add:tion to the forego:ng month!y payments of princ'aat and interest required by the promissory nore sec~red hereby, mortgagar covenants and agrees to pay fo mortgagee with each monthly paymcnt an add~rional svm es~+mared by mor?gagee to be equal to 1/12 of tfie an~ual cost of the follow- f ng: A-All real property taaes levied or assessed agai•~st the above desc.i4ed rea~ estate. B-Prem~ums on fire and windsrarm insurar.ce as herein requ~.ed to be carried on the improvements sit~ate on the above described premises. C-Prem~ums on such mortgage guaranty insurar:ce aa mo+tgagee shall frum t~me to time deem fif to tairy on the loan aecured hereby. ~ Ntortgagee shaN from t~me ro hme nof;fy mortyagor in writi~g of fhe amount due and payabte FKreunder and such sum shalt thereupon be due and Fayabte on the due date of the next monthly payment and eacfi successive month thereafter until mwtgagee shall not;fy mortgagor of a change in such amou~t. $uch sums sFail be appiied by mortgagee toward the payment of rea! property taxes, insurance prem;ums, and mortgage guaranty insurance pfemiums• IThESS WHEREOF, the said MORiGAGOR has hereunto set his hand and seal the day and year f~rst. aforesaid. ned Sealed e"ver in the.pre:ence of: ~ s n ~ v / (seen ' ~ /Sean ~ ~Seap i ~ S?AiE OF FLORIDA ~ ~ COUNTY OF SL . Lucie Befwe me personally appeared _ HenZy H~11 a~ ~ Mary AliCe Hall ` his wife, to me well known and 4nown to me to be 4 the 7ndividuals desu~bed in and who executed 1he fwegoingailume~t, and atknowtedged befwe me that they exetuted fhe same fw the purposea E rherein expressed. And the said ~"~?rY A1ue H ~ ,~ife of the said Henry H~?11 , vpon a sepa~ate and privata e.amination by me taken separate and apart from ~er said husband, acicnowledged to end before me that she execuled said instrument freely and volurr rarily and witbout sny compulsion, constraint, apprehension, or fear of or from her said husband. ~ WITNESS my hand and off~cial seal this day of Jul q, p,~~q73 E ~ ~ . ~ . L _ ~C f~ - tary Public in and for tF~e State flor' ' tsiqe. ~ y Commission expires: : ' ~ - - Refurn Ta ~WThRY a;JC~~fljj~~~~~=~~~ ; First Federal Savings 8 loan Association ~Y. EXWRES~EC. ~9. 1915 . Botsd Tdrv.Oen~rsl fj.wr U~~TM,~e~a. 's Of Fort P~er~e. ~ t Fort Pierce, Ftorida ' - ~ ~ y . ~ i ~ r`~` 5 FILEO I?!~D REG~ROEp ,~~''~~¢Pi Tk'E ° St. WCtE 60UNT1' fLA ~ . '`~~i,,;:,,~. ' : This (nstrument Prepared By John W. Collins aOCER r~l'R~S First Federa! Savin s& Loan Association - CLERX C;I,CtJ;7 COURT ; 9 Rlorida REC~RD VER~f;£J of Fort Pierce . s ' Checked By ~ 29 P~'73 ; p ~ R 216 zs9los ~ 80DM ~AC: ~.4~1 ~ ' :r i s - . - - - . . ' ~ ~ ~~~~~-~-*:~s~.:.:'r .,,.~..,~.,,~K~~'~..~.._~_>. ~ . ~ ,r.:"~ *~s~'a