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Home My WebLink About2299 3. To ptace and con~i~uo.~sly keep on 1he bui:dings now or hereaite~ situa~s on said land and on atl equtpment and personafly coveied by lhis maty- ege, with afl premiums thereon pa~d in fu!!, fire ins~~.~nce in the usual s~andard polity fo~m, in a sum ~pproved by the MORiGAGEE, and winds~orm insuronce in the usual standard pol,ty fonn, in a sum approvcd by ~he MORTGAGEE, in such cempany o. companiea as the MORtGAGEE may dired; and all (ire a~d windstorm inswance poliues o~ sny a/ said build~.ps, any interasf fhore;n or parl thereof, in the agqregate sum sforeiaid a in e:clss Ihereoi, fhall toMain the usual sland~rd mortgapee cfause o+ such o1Fx~ clause as the Mwt9agee may reguire, maAing ti+e lost undrr sa~d poli- ciea, each and every, payab!e to sa6d htORTGAGEE as ~ts in~erest may appea~, snd cwch and every such po!ICy shap t:e promptty ass gned and deliver~d ~o any held by said MORTGAGEE a~ funhei secuiity fo said mortgage debt, and, no1 leu than ten i10) days in advance of the expiration of each pol~cy, to da Gve~ to ;aid MORiGAGEE a raiewal ~hereof, toge~her with a rece~pt for the premium oi wch renewal; and ~here shall be no fre or windstonn insurance placed on any of said buiidings, eny inte~est Iherein or part thereof, vnlrst in the form and with the losi payable as afo~esa~d; and in ~he e~em any sum of money become~ payabie under such policy w potiues said MORTGAGEE shall have the option to receivn and apply 1he same on account oi the indrbted- neas ~ecured h~reby or to permit said MORTGAGORS to receive and use it or any pm~ tAereof for orner p~rposc~s. ~v~thovt th.•.. u,r •wai~~:~~ cr ~n~p~v- ing any equ'~ty. lier~ a r;ght u»der w by virtue of tAis mo:!9ege; and in the eve~t sa~d MORTGAGORS ihall (w any rraton iail to keep ihe ia~d~prem~s~s so insured, or fai) to deliver promptly any of said polities of insurance to said MORTGAGEE, or fail promptly to pay fufty any prem~um therefor or in any respect fail to per(wm, d~scharge, execute, effect, complete, comply with and abide by Ihis tove~anL w any part hrreof, sa~d MGRiGAGEE may place a+~d pay iw such insurance or sny pan thereof w~~hout waiving or affecting any option, ~ien, eqvity, or right unde~ o~ b~ v~rwe of th~s Mo~~gage, and ~he f~ll amount of eath and every such payment shall be immediately due and payable and shaU brar interes~ from tFa date thr~eoi untit pa~d at the rate ol nine per centum per annum and to~e~her w~ih such ime~est shaii be sec~~ed by the lien of th~s rrwrtgage. 1. To permit, commit or suffer no waste, impairmero w deteriorateo~ of said prooerty or any pa?1 thereof. 5. To pay all a~d singular the cos~s, <harges and expenses, ~ncluding a reasonable attaney i fee and cos~s of abs+racrs of ti~te, incurred or pa~d at any time by said MORTGAGEE, because a~n the evenf of the fa~lu~e on tha part of the said MORTGAGOR to duly, prwr.ptly and futly perform, d~scharge. execute, effect, complete, comply w~lh and ab:de by each and every the stipulat~ons, agreements, conditions, and covenants oi said promissory note and this moregage any w eithe?, ar,d sa~d costs, charges and expenses, each and every, sMll be immediatety due and payab:e; wherher a no~ rhe~e be not~ce dr mand, attempt to collect a su;t pend;ng; and the lull amount of each and e~ery such payment sAall bear iNerest from ~he date thereot unril paid at the r~ie o~ nine pe~ centum per am~um; and all said costs, charges and expense~ ~nturred w paid, Iogether w~~h such in~erest, shal~ be setured by the lien oi this mo~tgaye. 6. That (a) i~ the event of any b~each of this Mortgage or defaul~ on the part of the MORTGAGOR, w(b) in ~he event any of satd tums of money herein referred to be not prdnptly and fully paid wirhin th~rty {30) d~ys next ai~er ~he sa~ne severatly become due and payable, without demand or notice, or (c) in the event each artd eve~y the slipuiations, agreements, conc~itions and covenants of sa~d p~omissory note and th~s rtwrtgage any or either are no1 i~ly, promplly a~d fully periormed, d,scharged, ezecuted, eflected, completed, comptied with and abided Sy, then in N~her or any such eveM the sa~d ag gregate sum rn~ntioned in said promissory no!e then remaining unpaid, with interest actrved, and all moneys secured hereby, shall become due and pay- ab~e Forthwith, w thereafte~, at the oprion oi said MORTGAGEE, as fully and comple~ely as if alt oi ~he said sums of money were o.~ginalty s~~pulated ' +o be pa~d on such day, anything in sa~d pro~n~ssory r,o~e or in this Mor~gage to the con~rary notwithstanding; and ~hereupon w thereafter ai the opt~on o( sa~d MORTGAGEE, without notice or demand, suit at taw w in eq~iry, therefore or thereafrer begun, may be Frosecuted as if all moneys secured hereby n~d matured pnor ro its inatitunon. 7. That in the event that at the beginning of or at any time pcnding any suit upon this Mo~tgage, w to foreclose it, o? to retorm it, o? to enfor~e payme~t of any c~aims hereunde~, said MORTGf.GEE shalf apply to the Caurt having jurisd~crion thereof fw the appo;nlmeM of a Receiver, wch Cou~t shall forthwi~h appoint a rete~~er o( said mortgaged prope?ty att and singuta?, includ~ng all and singular the income, prot~ts, issues and reve~ves from whatever scurce derived, each and every of whlch, it be~ng exp~essly understood, is he~eby mor~gaged as if speuf~tatly set forth and deuribed in the granting and hsbendum clauses hereof, and svch Receiver shaU have all the broad and effective funct,ons and powers in anywise entrusted by a Cou~t to a Recriver, and s.ch appoiromem shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and withcut reference to the adequacy a inadequacy of the value of the property mortgaged or to rhe soive~cy or insolvency of said MORTGAGOR or the defendants, a~d that such ~en+s, profits, income, issues and revenues shall be appl~ed 6y such Receiver according to the lien'or equity of said MORTGAGEE and the practice ot such CouA. 8_ To du1y, promptly and fully perform, d~scharge, execute, effect, compiere, cwnpty w~th and abide by each and eve~y the stipulations, agreements, :onditions and covenants ~n sa~d promisswy ~ote and this mortgage set iorth. 9. That in the event thc ownership of the mortgaged premiscs, w ar,y part thereof, becomes vested in a person other than the MORTGAGOR, the h'.QRTGAGEE, its successors and assigns, may, wiihout notice to the AM1ORTGAOR, deaf with sucR successw or successw in inlerest with reteren~e to this morrgage and rhe debt hereby setured in the same manner as with N.ortgagor witho~t in any way vitiating or d~xharg~ng the Mortgagors' liability here- under w upon the debt hereby secured. No sale of the ~rem~ses hereby mortgaged and no forbearance on the pan oi the IAORiGAGEE or its successors or assigns and no exte~sion of the time for the payment of the debt hereby secured g~ven by the MORTGAGEE or its successws or ass~gns, ,{iall operate ro release, d~stharge, modify change o~ affect the origina! liao~lity of the MORiGAGOR here~n, either in whole or in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obltgat~on he~eunder or of the obfigation s~ cured hereby shall at any time tFuareafter be hetd to be a wawer of the terms hereof or of the insbument secured herby. I 1. tn add:~io~ ro the ~orego rti9 month!y paymenls of pri~c pal and inreres~ required by the prom~ssory nore secured hereby, mortgagor covena~is ~~d agr~es to pay to mortgagee w~th each monrh!y pay~nent a~ add~f~onal s~m est~mated by mortgagee to be eq~ai to 1~' 12 of the annual cost of the foltow- ~ng: ~ A-A? r~al property taxes lev~ed or ass~ssed aga~nst the above descr,~~d « al estate. B-F~em~u:ns on f;re and wir.dstorm insvrar,ce as hereio requ~red to be carried on the ~mprovemeots situate on tbe above described premises. C-Premiums on svch mortgage guaranty ir.surar.ce as mortgagee shail from t;ne to time deem fit to carry on the loan secvred hereby. Mortgagee shail irom time to t~me not~fy mo~tgagor writ~ng of the amount due and payable he~eunder a~tid such sum shait thereupon be due and , ,ayable o~ the due tiate of rhe nex? month'y payment and eath successive momh thereafier ~r,til mortgagee shal{ notify mortgago~ of a thange in such , =~ouM. $uch sums sFall be appiied by mortgag~e tovvard the payment of real property faxes, ins~rance prem:ums, and morigage guaraMy insurance n~emiums. , IN Y!lTNESS WHERiOF, the said MORTGAGGR has hereumo set his hand and seal the day and year Crst aforesaid. ~ ! Si9ned, $ealed and deliver in the presence of: Sq Ses4 - - a~) i j al) ~ STA7E OF FLORIDA t ss. ~ St Lucie ~ourarY oF • ~ E ~ Before me penonafly appeared Sam L. C~rter and Helen Carter+. his wife and Mattie Mae Ca,~t~yr, ~ a S1i1g LQ a(j111t and Constance Carter ~ d single afjlllt =Kfw~e: to me well known and known to me to be the individvals deuribed in and who exx„ted the foregoing inst~umtnt, and atkrwwtedged befwe me that IAey executed the same for the purposes £ Nelen Carter, ~ite of tbe said Sam L. Carte r ~ rhe.ein expreued. And the said_ _ ' ~ ~ a~afyF~e-ssid ` Won';S~p~lralp.~nd.~rivate 's, examination by me ta4en separate and apart from her said husband, atknowledged to and beforc me that she exetuted said ;iitjtrtiment freMy"•drtdLolvn- I r~uty a~d w~thout any computsion, constraint, apprehen ' ar of or ' husband. t.' ' • ~ n,. ; WITNESS my hand and official seal th~s d y of p~-0, 3 ! iC/ " - ~ Notary Public in end for ihe Sia4~e dF ~itidi,x",~~~ ' My Commission expires: ~ - \ ~ ~f~ Retum To: - ~ CL ! ~ ~ First federat Savings d~ Loan Assxiat~on , S;:~; ~ Of forf P~erce. . . . . > r' !'?`?I[~(S at Fort Pierce. florida . IAY. l. 1917 ic:..., . ~ This Instrument Prepared By Gary F. Ell~?ood f~LED ~!J;~ ~EvQ~DEO First Federal Savings & Loan Association ST' ~~~jt COL'ATY FtA_ s of Fort Pierce Flarida ~~CER FQr;RAS , ~ CtEFiK C1i,~UIT COURT REC4P.D YEFjF1Ep } Checked By t' Ju~ C~t 4 04 PH '13 . 0 R PACf sb ~ ~ : BooK 259'733 - - _ _ . s ~-~~.~~_:r _ _ ? ~ 4_e~_x . _ . _ . . -