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Home My WebLink About2181 To place and con~inuously keep on the bu~!d~ngs now o~ hereafter ~ituate o~ sa~d tand ~nd on ~II equ+p~nenf ~nd personally covered by Ihit matg- eg~, with •II premiums the~eon pa:d in lull, (ire insurance in the usual standard poliq form, in a wm approvcd by the MORiGAGEE, and w~nds~am ~nivrance in th~ uswl standard poGcy fwm, in a sum app~oved by tM MORTGAGEE, i~ such tornp~ny or compan~es as ~he MORTGAGEF inay direth and all (ir~ ~nd w~nduorm iniura~ce poticies on any of i~ld buildinps, a~y i~terest therein or part thereof, in IM aggregare tu~n aforetaid w tn excess thereof, sMll con~ain the usual s~andard mor~gagee clause o~ such otMr claus~ as ths Mortgagee may req~~rs. ma?ing tha lou under •a~d polr cies, each and every, payabte to said MORTGAGEE as its intcrest may ~ppear, and each and every tuch pol~cy ~hatl be prompdy ass.gned a~d de~ivered to +ny held by said MORIGAGEE a~ (unher secu~ity to ssid mortgage debt, and, not les~ th~n 1en (10) days in advance of the expiration of c~ch policy, to da livt~ to iaid MORTGAGEE a ren~wal iFKrro(, 1oge~Mr with a reteipl }or Ihe premium of tuch renewal; and ~he~e sfwll be no f~re o~ wi~dsto~m insvrance ptaced on ~~y of said build~ngs, sny inrerest rhe~a~ or pan thereoi, unleu in tF+e form and with Ihe lou payable at afores+id; and in the event any ium 01 naney become~ payable under •uch policy a pol~cies said MORTGAGEE sfiall havs ~M opt~on to receive and apply the same on account of the indebted- nes~ secur~J hereby w ro pe~mit aaid MORTGAGORS Io ~eteivs and use it w any part the~eof for oohci purpofrs, vi~~ho~t th~.rb~ waivi~~g or unpair- )ng any eqviry, Gcn a righ~ under a by virtve of thia mo:tgsge: ~nd in the evenl said MORTGAGORS shall (or any reason fail to keep the said premise~ so insured, or (ai) lo de~iver prpmptly any of s~id polities of insuranca to said MORTGAGEE, or fail promptiy to pay tu~ty a~y prernivm therefw a in any respect fail to pe~Fwm, discharge, execute, e(fect, complete, comply with and abid~ by tFus covenan~, w any part hereoi, uid MORiGAGEE may place and pay fw iuch insurancs or ~ny psrt lhereof without waiving o~ •ffectin~ any option, lian, eq~ity, o~ ~~ght undr~ o? by virtue of this AAortgage, •nd the ~ lull amount of each and every such paymeot shall be ~mmediately due and payable and shall bear enteresl f~am ths date Ihereof umil paid at the rate ol nine per centum p~r annum and ty~rthe~ with svth interest shali be sscured by the lien oi this mortgage. " 1. To permit, commit w suffer r.o waste, impairment w deterioratio~ of said property w~ny part thereof. 5. To pay all and singular the costs, charges and expenses, including a reaso~able attorney i fee and costs of abst~scts of titte, incurred w paid at sny time by u~d MORiGAGfE, btcause or in the event o( the fa~lure on the paat of the said MORTGAGOR to duly, promptly and fully perfwm, d~xharge. execute, ef(M, comptcrs, comply w~fh and ab~de by each and every the atipulat~ons, ag?eemcnts, conditions, and covenanb of said promisswy note ~nd thi~ mortgage any or ei~he.v, ar~d sa~d cosn, cha~ges and exprnsri, exF. and every, shalt be immediatefy due arw! payaWe; whether a not there be noiice de mar~d, artempt to colkct or suit pend~ng; a~d the futl amount oi each and every auch paymenl shall bear interes~ from the date thercof until paid •t the ~ate o~ nine per centum per eT~tu~h~ and a:l said costs, cnarges and expenses incurred or paid, together w~th such interest, shall be secured by the lie~ of thi~ mortgag~. 6. That (a) in the event of any breach of thii Mortgsga w deiaull on the part of the MORTGAGOR, or (b) in the event any of sa,d sums of money herein referred lo be not promptly and f~lly paid wi~hin thirty (30) daya next after the same uve~atly become due and payable, without demand d notice, or (c) in 1he event each ar~d every ihe stiputat~ons, agreements, condi?iorts and covenants o! sa~d promissory note and th~a mortgage any w eifhe~ +re no! luly, promptly and fully performed, d~xharged, cxecu~ed, effected, completed, compi~ed with and ab~ded by, then in e:ther w any such event the uid ag 9regate sum rrKntioned in sa~d p~om~sswy note then rema~ning unpaid, with interest accrued, and atl moneys secured hereby, shall become due and pay- abte fwthwith, w thereafter, af the option of said MORTGAGEE, as fully and completety as if all of the said sums of money were originslly tl~puiated ro be paid on such day, anything in sa:d promissory note w in this Mortgage to the contrary ~otwithstanding; and thereupon or thereaiter at the option of sa:d MORTGAGEE, without aot~ce or demand, suit at law a in equity, tFuvefore w Ihereaf~er begun, may be presecuted as if all montys secured hereby had matured pnq to its institution. 7. lhat i~ the event that at the beginning of w at any time pe~dirg any suit upon this Mortgage, a to foreclose it, or to refwm it, or to enforce payment of any claims ixreundei, said MORTGA6EE shaft appty to the Go:r.t having jur~sd;ctlon thereof fw the appo~ntrrKnt of ~ Receiver, such Cou?t shall forthwith appoint a receiver of said mwtgaged property all and singvlar, includ~ng a:7 and singvlar fhe income, profits, issues and revenues from whateve~ source derived, each and evcry of wh~ch, it being expressly une:srstood, is hcreby mongaged as ii ~prc~fically set farh and dest.ibed in the g~anting and habendvm clauses hereof, and such Receiver shall have all the b?oad and eflective funcnons and powers in snywise entrusted by a Covrl to a Receiver, and such appointment shall be made by such Court as sn admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy a inadequacy ot 1he vafue of the oroperry mortgaged or ro the so:vency or insolvency of sa~d MORiGAGOR w the defendams, and that such renta, profiri, income, issues and revenues shall be applied by s~ch Reteive? accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8_ To duly, promptty and fulty perform, discharge, execute, effect, comptete, comply with and abide by each and every the stipulatio~s, agreements, conditwns and covenams in said promissory note and this mwtgage set forth. . 9. 7hat in the event the ownership of the morlgaged premises, or any part thereof, becomes vested in a person other tha~ the MORTGAGOR, the MORTGAGFE, its successas and ass~gns, may, without notice to the MORTGAL3R, deal with such successor or successor in inte~est with reference to this mortgage and t1~e de6i hareby secured i~ the same manner as with lAortgagor w~thout in any way vitiating or d~schargi~g the Mortgagors' lisbility herr under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on tFK part of the N~ORTGAGEf or its successon or assigns and ne txtension of rhe time for the payment of the debt he~eby secu~ed given by the MORTGAGEE or its s~ccessors or assigns, ahall operate ro release, d~uharge, modify change or affect the original liabitity of the MORTGAGOR he~ein, either in whoie o~ in part. ~ 10. It is spec~f~cetly agreed that time is of the esunce of this contract and thal no waiver of any obligat~on hereunder or of the obligation sr cured hereby shatl sf any time thereaiter be hetd to be a waiver ot the terms hereoi o~ of the instrument secured herby. i T. In add.tio~ to the forego:ng monrh!y paym~nts of princ'pal and interest ~equ~red by the promissory r.o!e secured hereby, mortgagor covenants a~d agrees to pay to mortgagee with each mo~thly payment an add~rional sum est~ma~ed by mortgagee to be equaf to 1 j 12 of the a~nual cost of the follow- ~n~ A-All reat property taxes levied w assessed ayai~st thc above desc~ibed real estate. B-Premiums on fire ar,d windstorm insurar,ce as here~n requ:red to be tarried on the improvements situate on the above described premises. C-Premiums on such morte~age guaranty u:surar:~e as mo+tgagee sha:l from :~me to ti~ne deem fit to carry on the loan secured hereby. Mortgagee shail from time to t~me notify mongagor in writ~ng of the amou~: due and payable hereunder and such sum shall thereupon be due and Fayabte on thr due date of the next monthiy payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such a,:o~nt. Such sums shail be appl~ed by mortgagee toward the payment of reai preperty taxes, insurance prem:ums, and mongaye guaranty insurance ~•emiums. IfJ Y~ITNESS WHEREOF, the said 11nORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. } , Sealed and delivered in presence of: ~ ~ a~ . ~ ~ „ ~ ° ~ / ~°n # ~Seal) i i~ ETATE OF FLORIDA 1 ! 1 SS_ ~ COUNTY OF $t • ~C 1Q i ` Ste hen C. ; Befwe me personally appeared P Saa~ple a~ ~ ! ?rula M. Sa~ple ~ - his wife, to me well known and known to me to be ~ the individuals described in and who executed the foregoing instrument, and xicrwwtedged before me that they eaecuted rhe same for the purposes " Tzula M. Saa le ? rherein expressed. And the :aid P ~ ~ ++;{e of the said StepheA C. Sawple upon a slpqrata nnd privste 3 eaaminat~on by me taken sepaiate and apart fro:r~ her said huaband, acicnowledged to and before me that she exetuted said instrUjngnt~freelr and voluo- F ranly and w~thout any campulsion, constraint, appr nsion, w fea? of w from h.er said husband. • ; ' WITNESS my I~and and offic~at seat thi day `~ul - /~:•D: 19 73 ~ ~ ~l~ - ! - 4- . , ~ tary Vublit in and for the 5t f " t~a' y Commisiron expires: kRT~ . ~ Rerurn To: ~ ~j aG [AR~i[ First Federal Savings 3 Loan Association M~ i~~ ~~'u~2~, 1975 Of Fort P~erte. _ '~p' ~~,~~e . . rs. ` ~ ~ ? Fort Pierce. Fbrida . - ; ~ ~.Z,1q. ~s , fl~EC ~x:' ?`E'~P~EO : = SZ.itfC;E VDi3MTY flA. s ~ This Instrument Prepared By J. Hal Roberts~ JY. ROC~' ~=r;'R1?S ~ • ; First Federal Savings & loan Association CtEs~r i G"~~uc COURT ~ = of Fort Pierce, Florida t n s ~ ` 9 z6 AN'~ 3 - ; ; Checked By J~ L~ ~ ; 5 ~ ~ ~ ~sss3s E~~K216 ~218~ ~ , ~ , , . : - - - ~ ~ ~ - - _ : ~ . w ~ , - T.~~~~