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Home My WebLink About1837 3. To pface and continuously keep on the buiidings now or he+eafrei s7tuat~ on sa~d I~nd snd on ali equipmenf and penonally covered by this mortg p~, with all premiums lhereon paid in full, fire insurance in ths usual sundard policy (orm, in a tum ~pproved by the MORiGAGEE, and windstorm inwr~nc~ Io th~ uswl standard pol~cy form, in • sum approved by tF?~ MORTGAGEE, in such compaoy o~ tompan~es ~s ~M MORIGAGEE may direch and aN fire and w;ndatorm insurance policiet on any of said build~nqi, any inte~est tF?srein or part thereof, in tl+~ aggre9a~e ~um afweuid or M txcess lhereof, shall contain tM usual standard mat9age~ clause w such o~ha clsuss ~t 1M Malpsgee may requ~r~, makinp the lou undrr sa,d pot{- c"~, each and evay, payabte to said MORiGAGfE a~ it~ inte,est may appea., ~nd each ~nd every i~ch policy shall be promp~ty •ss.p~ed and delivered to u?y held by iaid MORIGAGEE as further tecu~ity to s~id mortyage debt, ~nd, not less tMn ten (10) days u+ edvance of ~he expir~~ion of each poticy, to dr livK to taid MORTGAGEE a rMewal ihe~lof, topetMt wi?h a reteipt for tM prfmivm of tuth ~ertewal; and theis shall be no fire or wiodstorm iniurant~ plxed on iny of said buildinys, ~ny interest th~~ein w par~ tM~eof, vntess in tM fwm and with tM loss payable as afwtsaid; and in the event any sum of ma?ey becomei payable under suth poliq w policies said MORTGAGEE shatl have ~F?e opt~on to roteive s~d appty the ssme on accounl of the indebted- neu setured Fkrehy or ro permit said MORTGAGORS to rtteivs and use it w any part thereof tw othcr purposes, v~ithoot Ih=reu,r ~vai~in~ w~mpa~~- iry any eq~ity, lien p ~ight u~de~ w by virtue of this mo:tg~g~; and in tM event said MORTGAGORS shsll fw sny reafon fail to keap the said premises so iniured, w f~il to deliver promptly any of seid poticies ol ins~ranc~ to said MORTGAGEE, or fail promptly to pay fully any pre~»ium therefa or in any ~ respect fail b pafam, discharge, execu~e, e~fect, complete, comply with a~d abids by thii tovena~t, a aoy part hereoi, isid MORTGAGEE m~y plate and ` paY fw tuth insu~ante or a~y part thereof without w~iving w bifettinp any option, lien, equ~ty, or right undt~ w by virtut oi th;s Matga9e, ~nd the , full amount of each a~d eyery such payment sF?alt bc immediaiely dw ~nd psyable ~nd iMll bea? interest from ths date the?eof u~~d paid at th~ ~ate ot ni~e per tentum per annum and to~ether with such interea~ shali be secured by the lien of this mwtgage. To permit, tommit or suffer no waste, Impai~men~ or deterior~tio~ of taid propcrty p iny paA thereof. 5. To pay all and aingular the coats, charges and expenses, including a ressonabla atto~ney i Fee and costi oi ab~r.acts of title, Incuned w paid a~ sny time by ~sid MORTGAGfE, btcause ot in the event of the fsilure on the pan of the :aid MORTGAGOR to duly, promptly and fully pertwm, dixharg~. executa, effect, complete, comply with and ab;de by ~ach and every the stipulations, agreements, conditions, and mvenann of said promissory note and tAu mo?tgage ~ny or ei~her, and said rnsts, charges and expense~. each and svay, ahall bs immediate~y due and payable: whether a ~wt there be r+ot~ce d~ mand, attempt to cotkct or suit pending; and the futl amounl of esch and every s~rch p~ymeM ihalt bear intere~t from the date tMreof until paid at Ilx ~ate of nine per ce~tum per annum; and all said costs, cF~arges and cxpenses incurred or paid, togethe~ wilh suth interest, shall be setured by the lien of thi~ morlpapt. 6. That (a) i~ fhe event of any breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in the evcnt ~ny of ssid wms of ma~ey herein referred to be not promptly ~nd fully paid wi~hin thirty (30j days next afte? the tame severa:ly betome due aod payabls, wi~lwut demand or notite, or (c) in the event each and every the stip~tatio~, agreements, conditions aed covenanb of said promissory nme and th~s mortgage any a either are not ~vly, promptiy and fully perf«med, discharged, ezecuted, effected, completed, complied with snd abided by, then i~ e~ther a any such event tAe sa~d ag gregate sum mentiorred in ssid promiuwy nore the~ remaining unpa+d, with intcresl attrued, and all mo~eys secured hereby, shall become due and pay- able forthwith, or tlxreafter, at the optlon of said MORTGAGEE, as fvlly snd completely as ii all of the said sums of money were o:iginslly stipulatcd to be paid on such day, anything in :a;d prom~sswy note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the op~ion of said MORTGAGEE, without notice or demand, suit at law or in equity, therefoie or thereafter begun, may be prosccvted as if all moneys setured heteby had matured pnp? to its inttitution. 7. That in the event that a~ the beginning oi or at any time pending any suit upon this Mortgsge, or to foreclose it, or !o refam lt, or to enforce payment of sny claims he.eunder, said MORTGAGEE shatl apply to the Court havi~g jurisdiction fhereof for the appoioiment of a Rece~ve?, such Coun shall fwthwith appo+nt a receiver of said mortgaged propcny all and sirgular, includ~ng atl and singular the income, profits, issues and revenues irom ~vhatever source de~ived, eath snd every of wh~ch, it being expressly undas~ood, is hereby mo+tgaged as if specifically ut fwth and dewibed in tFk gr+nting and habendum elauses hereof, and such Receiver :hall have sll the broad and effective funcnons and powers in anywise entrusted by ~ Court to a Receivtr, and such appointment shall be made by such Court as an admitted equity and a matter of abwlure right ro said MORTGAGEE, and without reie:ence to the adequxy w inadequacy of Ihe value of the property mo?~gsged or to the soivency o~ insolvency oi said MORTGAGOR w the detendants, and that such rents, profits, income, iuves and revenues shall be applied by such Receiver accord~ng to the lien or eq~ity of said AM1ORTGAGEE ~nd the practice of such Courf. 8. To duly, p?ompNy and fully perform, diuharge, exccute, effect, complete, comply with and abide by each and every the stip~lations, agreemenls, conditara and covenants in said promissory note and this mor~gsge set forth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becort~es ve~ted in a person uthet than the MORTGAGOR, the j MORTGAGEE, irs succeuws and ass~gns, may, without not;ce fo ~he MORTGAOR, deal with such successo? or successo? in ~nterest with relcrence to this ~ mortgage and the debl hereby secured in the same manner at with Mortgsgw without in any way vitiating w diuharging the Mortgsgon' liability herr under p ~pon the debt hereby sec~red. No sale of the premises hereby mortgaged and no forbsarante on ehe part oi tF~e MORTGAGEE or its successors ~ or a:signs and no eaten:ion of the time for the payment of tix debt hereby secured given by the MORTGAGEE or its succeasors w ass:gns, shafl operate fo releax, distharge, modify change w affett the original liability of the MORTGAGOR herein, either in whole w in part. ~ 10. It is speuf7cally agreed that time is of the essence of this contract and that no waiver of any obligation he~eunder or of ihe obligatbn se- ~ cv~ed hereby shal! at any time theceafier be hefd to be a waiver of the terms hereof or of the instrumeM secwed herby. t 11. In add~tio~ to the foregoing monthly payments of print'pal aod interest required by the promissory note ucured hereby, mortgagor tovenants and agrees to pay to mortgagee with each monthly payr~~ent an add~rio~al sum est~ma~ed by mongagee to be equat to 1% 12 of rhe annual cost of the fo!!ow- ing: . - A-All real property taxes leviad or assessed against the above dexri5ed real estate. 6-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on tF~e above described premises. C-Premiums on such mortgage guaranty irtsurar~ce as mortgagee shall irom t~me to time deem fit to carry o~ the loan secured hereby. Mwtgagee sfiatl from time to time notify mwtqagor in w+iting of the amount dur and payable hereunder and such sum shall thereupon be due and payable on the due date of ~he next monthly payment and each successive month therenfter ur,til mwtgagee shall notify mortgagor of a change in such amount. Such sums shatl be apptied by mwtgagee toward the payment of real property taxes, insurance prem:ums, a+x! mortgage guara~ty insurance p~emiums. IN WITNESS WHEREOF, tlx said MOR?GAGOR has hereunto aet his hand and seal the day and year first afaesaid. ± Signed, Sealed and delive in the presente of: - ~ - " ~ ' n nald J Corbin a~ . l~ ; ~.n Vezloa B. CoZbitl r~aq ~ STATE OF FLORIDA ~ St. l.ucie ~ ~ COUNTY OF eefore me personally appeartd Donald J Corbin Ver2on B. Corbin his wife, to me weil known and known to mr to be the individvats described in and who execured tha fwegoin~ instrumenf, and acknowledged befwe me that they execvted the same fw the purpoxs therein expaessed_ And 1Fro aaid Verlon B. Corbin _ w~re ,r tr,~ ~~a Donald J. Corbin „~=s ~,~;o~ ~,,:t, examinatwn by rrk taken xparate and apart from her sairl huaband, acknowledged to and before me that she executed said~itu}ri~il~SpL•;rN~prid-LOlvn- rarily aod withovt any compulsioo, constraint, appre/~~iqr~,~ fear of or F?er said husband. • s, : ..v. WlTNE55 my hand and official seal th:s ~f d of J111 • 1:~" ' p. ,19 ~J3 ~ - Lc , Notary Public in snd f ~ •of ~~t yrge~~ - ' ~ My Commiu'an eapires: ~ ~ ~ ~ - ' Rerurn To: {~pT_(p-PUB~(E-. STAfE of'~l0iZl0~raElA(lGt`• ~F ! Fint Fedenl Savi~gs b Loan Association 259399 ~~1SS~N ~CPI D~~ '19'15 ~ k` Of Fort P;erce. !f~rd• Z:•`i'r~c- ~•~,•~1y:r rers. I Fort Pierce. Fbrda ' ~yi sn~ • ~ i~ ~ ~ fItED AMQ AECORDED ~ ~ f+;T~jE ~ ST. WC~f COIiHTY FIA. ~`'~i ROCER P~iTR~S ~ ~ CLE~K CI=~CU1~ COURT } This Instrumeni P~epared By J. H. Robezts~ JrqEC~RO vEa~FtEO.~.~ i First Federal Savings 8~ Loan Assoziation . of Fort Pierce ~ Florida itu Lo `p 3~ ~ t7~ i W11. 1{~ ~ f Checked By~` ' ~ ; ~ 8~!'!l ~1S °A~'~ sib ~ ~ ~ . ~ _ - - - - - - - - - - ~ y ~ _ .1 ~ ; = 'n _ ~-A_ , ~~a