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Home My WebLink About1833 3. to plac~ end coniinvously keep on ths build~ngs now or hereafter situat~ o~ tald land and on all equiprrKnt and penonally covered by t~is mat~ +ge, with ~II p~emiums tAercon pa~d in full, iire insur~nce in the viual siardard policy fo?m, in • sum approved by the MORIGAGEE. •rx! windstwm in~urance In tM ~twl ~tandard pol~cy fwm, t~ • ium approved by th~ MORTGAGEE, i~ svcA comp+ny o~ coropan~es as ~M MORTGAGEE m+y dirsct; and all tirs and winditorm inzurance policie~ on any of iaid buildinps, +~y i~t~rest the.ein a pu~ thereof, i~ tht ~gg~e9ate s~m ~fw~aaid w In ~xtess thereol, shall contain the usual standard mvrtpa9se clsuse o~ tuch othe~ clauss ~s tM Mo~r9ayN may requ~rq makir~y the tos~ unde~ sa~d polF cias, each and every, payable to said MORTGAGEE as iri i~terest may appsar, and each and every tuch polity ihall be promprty ~ss.gned snd delivered ~o •ny hald by seid MORTGAGEE ~s turther iecu~ity to said mo+tgage debt, and, ewt leu than ~en (10) days in advs,xe of tM expiration of each policy, to dr livK fp said MORTGAGEE a ~~newal thereof, /oqerh~t with a rece+pt fa the p~~mium of such renewal; snd there sMlt be na fire or windstwm iniurana placed on ~ny of wid b~ildinps, any inte~est tM~ein a part therwf, ~nless i~ tF~e form u+d wi~h ~hs lou payable as ~facsaid; ~nd in the e~eM any sum of mw~ey becomei payable under such policy o~ policies uid MORTGAGEE shalt h~ve tM option ro ~eceivs and apply the sams on account of tM indab~ed neu sstvred hereby w ro permit said MORTGAGORS lo receive and uw it a any part thereol fa osncr purposes, w~~hout tharebr waivi~y or ~~npair inq any puity, lien a righl unda a by virtus of fhii mortpage; ~nd in 1M ~ve~t sa~d MORTGAGORS ths~l fa sny reawe? isil to keep the said p~emisrs so tnsured, o~ (~it to deliver promptly ~ny of said policiet of insurant~ to s~id MORiGAGEE, w fail promptly to pay futly a~y p?e~nium therefor or i~ ~ny respect tail to p~rform, discharge, execute, effect, complets, comply with and abid~ by thii coveeant, or any part hereof, said MORTGAGEE may piace and paY (or tuch insu~ance a ~ny p~rt the~eof wirFqut waivirq or ~(fattinp any oprio~. lien. eqvity, w righ! vnd~r a by virtw of this Mortgaye. u+d the • tull amount of each and ewry iuch payment shalt be inwncdiataly dw and p~yable and shall bear interesl fran ths date thereof until paid ~1 tM rate ol nin~ per teMum par annum and to~ether with such intereat shall be secwed by the lien of lhis mortgaye. 1. To petmit, commit or suffer no wast~, impairrtxnt w deterioration of iaid propetty w any psri thereof. S. To pay atl snd singutu tF~a costs, chsrges and expense~, includinp a rrasonable snwney's fee and cosrs of ~bsuacts of title, incu~red w paid at any time by aaid MORTGAGEE, txcauae w in the event of the f~tilure on the part of the said MORTGAGOR b duly, prompHy and fuily perform, dixharge, exetute, effect, complete, cbmply with and abide by each ~nd every tfie stipvlations, ~greements, conditions, u~d eovenann of said promissory note snd thu morrgpe any or eirha, and wid cwri. charges and expenaet, each +nd every. ~hall be immediately due and payable: whether w not there be notice ds mand, attempt ro col{ect o~ suit pending; and the full amouM of each and every svch payment shall bear interest from the d~te thereof unril paid at tht rate of nine per centum per annum; and all said costs, charges and expensts incvr?ed a paid, together with i~ch intereat, shall be secured by ths lien of tha ^'o?t9a91~• 6. That (a) in the eveM of any breach of this Mortgage w default o~ ths part of the MORTGAGOR, w(b) in the event any of u~d swns o~ mwiey herein refer~ed to be not p~omptly and futly paid within thirry (3Q) days next af~e~ ths same seve?aUy become due and payable. without damand w notice, or (c) in the evem each snd every the stipulatiw~s, agreemenls, condirions and covensNa of ss~d promisso?y note ar~ th~s mw~gage sny or eitlxr are not ~uly, {xomptly and fully perfamed, d~scharged, executed, effeded, compkted, complied with and abided by, then in eithe+ or any such event the said ag gregate wm mentior?ed in asid promissory note then remaining unp-rid, with interest acuued, and all moneys secvred he~cby, shall becort~e due and piy- able forthwith, or theresfter, at the option of said MORTGAGEE, aa fully ard comptetely ss i1 all of the wid s~ms of money were ag~nstly it~putated ro be paid on such day, anything i~ sa:d promiuory note or in this Mortgage to the contrary notwithstandi~g; snd ~hereupon or thereafter a~ tha op~~on of said MORTGAGEE, without notice or demand, svit at law w in equity, therefae or tlxreafter begun, msy be prosecuted as if •11 moneys secured hereby had matured prior to its institution. 7. 7hat in fhe event that at ttx beginning of or at any time pending any suit upon tbis Mo?tgage, a to foreciose it, w to refwm it, w to enfores paymem of sny tlaims he~eunder, said MORTGAGEE shail apply to the CouA having jurisdiction thereof for the appointment of s Receiver, svch Court shall Forfhwith appoint a ~eceiver of sa~d mwtgaged property all and aingular, includ~ng all arx! singular !he iruome, profirs, issues a»d revenues from whatever source derived, each and every of wh;ch, it be7ng expressly understood, is hrreby mortgaged as if speufiully set fonh and destribed in the grant;ng and habendum clauses he~eof, and such Receiver shal~ have all the broad and effective funct~ons and powe?s in anywise entrueted by a Court to a Receiver, and avch appointment shalt be made by svch Cou~t as an admitted equity and a ma~ter of absolu~e right lo said MORTGAGEE, and without reference to fhe adequacy a inadcqvacy of the value of the pro{xrty mortgaged or to the sotvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, income, iu~es and revenues thatt be applied by :uch Receivet accwding to the lien or equity of said MORTGAGEE and the pract;ce of suth Court. 8. To duly, promptly snd fully perfwm, discharge, execute, effed, complete, comply with and abide by each and every the stipulations, agreemcnb, conditioro and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgayed premises, or any part thereof, becomes vested Fn a person otlxr than the MORTGAGOR, the 1NORTGAGEE, ifs tutcessws and sssigns, may, without notice to the MORTGAOR, deal with such suttessw or suctessot in interest wi~h refere~ce to this r*wrtgsge and the debt hereby secured in the sarree manner as wifh Mortgagor w~thout in eny way vitiatiny w discMrging the Mortgagors' Iiebility hert under p upon the debt hereby secured. No sale of the premixs hereby mortgsged and no forbearance on the pan of ttK MORTGAGEE w its successors ar auigns and no extension of the time for Ihe payment of the de6t hereby secured given by Ihe MORTGAGEE or its sutceuws a augru, ahall operate 1o rekase, discharge, nwdify change or affect the original fiabifity of the AM1ORTGAGOR herein, either ie whole o~ in part. 10. It is spec~fically agreed thst time is of the euence of this conr~act and tha! no wsiver of any obligatiw~ hereunder w of the obl'~gstion sr cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof w of 1Fx instrument secured herby. 11. In additio~ to the fwego:ng monthly payments of princ'p~l and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~rional sum estimared.hX.2+ortgagee to be equal to 1/12 of the annual tost of the follow- ing: _ A-All real propeny taxes levied or assessed against the above described real estate. B-Premiums on fire ~nd windstwm insurance as here~n requ~red to be carried on the emproveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty ins~rar.ce as mortqagee shail from time to time deem fit to carry on the l~n secured hereby. Mortgagee shall from time to timr notify mortgagor in writing of the amount due and payable hereunder and such sum shall ihereupon be due and payable on the due date of the next monthty payment and each successive month thereafter urtil mortgagee shall not~fy mortgagor of a change in such amount. Such sums sF.atl be apptied by mwtgagee toward the payment of real p~openy taxes, insurance prem:ums, and mwtgage guaranty insurance premiums. IN WITNESS WHEREOP, the said MORTGAGOR has hereunto xt his hand and seal the day and year fi~st afwe~aid. : 5igned, Sealed nd livered 'n presence af: ~ ~t~Q~dr • • W1~11~ Sean , Patricia Willians STATE OF FLORIDA ~ ~ St • I.tZC~6 ' COUNTY OF ~ Befwe me penonally appeared J• 0. Wl 11 ~ dID5 ; and ; Patzicia Wlll~dn5 h;s wife, to me wel! known and known to me to be ~ ihe individusls dexribed in and who axecuted the foregoing instrume~t, sntl acknowledged before me that they executed the same for the purposes ~ tnerein expresxd. And the said Pdtl~C18 W111~~5 ~ wife of the said • • .T O W~llla?OtS ~ upon a separate ~nd priv~te examinat~on by me taken separate and apart from her said husband, acknowledged to and before me that she execvred saFd instrv~r~eei_frstir end rotw~ ` tarily and without any compulsion, constraint, apprehemion,ror fear of or from her said husba ` t. ! WITNE55 my hand and official seal this /8 T~. day of A."b~.~'73 • ' E . j . ~j,, ~ ~ Notary Public in snd fw the State ~~iorida~~'L~r e' ' My Commission e~cpues: r~ ~ . , f=. ; Retum To: I~I~TARY PUB S?II~f~ ~ ~ _J ~ • • ' • ; First Federsl Savings a Loan Association . ' s' i.~ Y~ I S S 1 0 N E X PI ag jU~ s~U E~74[ . ~ Of Fort P~erce. T N R O U G F I f,~ w_ ~ I~ ~ Fort Pierce, florida M~J : ~ ! ~~JrJV~I ( ~ : - . ~4•• . i ; ' . ~ ~ ~ ~ ~ ` irtEO art ~=C~t~EO ~ This tnstrument Prepared By J. H. Robezts~ Jr. ST-'LUCI~ L~y~TY Fl~ . ' First Federa) Savings & loan Association ROCFF PG 7RtS ~ of Fort Pierce ~ Florida CLERK ~+';~~~T ~GURT . aFr,^r,~ vF~~?1Ei : p ~ ~ ; Checked By . - ~ ~Y 25 ~ ~73 sib ~ ~ St10x ~~s PAFi 1. # ~ ~34 - ~ - - - - _ _ - - - _ ~ ~~~x~=~.~~...~~ _ _ - ._:~.~.~~.~~-:~..a~