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Home My WebLink About2463 To place end cont~nuously keep on the b~~'~i~r9s no+v or he~eeiter ~~tuate cn sa~d land and on ali rquipmcm and persona~ly covrrcd by th~s mortg- sgl, With All premi~mS thereon pa~d ~n 1ull, hre iniurente ~n ~he ~Swl standord Eiolicy 1orm, in i wm approvrd by ~~~e MORlGAGEE. a~~d w~~di~orm inturance in the usual s~andard po~.cy form, ~n a wm approvrd by ~he MORTGAGEE, in such company or tom~wrnes as the MOkTGtiGEE ~++a~ direcr, and all fi:e and w.nduorm insurancr po~~c~es on any of sald buiid~ngs, any inte~ast the~em or part thrreof, in ~he agg~eyare wm alorosa~d or in sxcess ~hcreof, fhall .ontain ~he uswl sro~,JarJ n,or~gagre dause or such o~he+ clause ss the Mo~~gagee may requ~ro, making ihe ~o~s unJr~ s~~d poli~ c~es, each and ev~ry, payabte ~o sa~d VIORTGAGEE as ~~f ~ntens~ ~nay appear, and each and every such poi~cy ShdN 1x p~omptly ail gnrd a~~d def~~~r..•d ~o ~ny held by said h10RfGAGEE as funhe~ secu~~ty ~o sa~d mortgage debt, and, no1 less than ten 110) dayi in advance oi ~he exp~ranon of each pol~cy. ~o da- I~wr to uid MORTGAGEE a renewal thereoi, ~oge~he~ with a ~ece~pt (or ~he premium ol such renewal; and ~here sl~all be ra f~re o~ w~~:ds~o~m u~swance placed on any o1 said buildings, any in~erest therem w par~ thereoF, unless in the fo~m and wi+h the toss payaLle as s(uresa~d; and in the event any sum of money bccomes payab!e undrr wch polity or po6cina ta~d MORiGAGEE shall have the opt+on to rew~ve ar.d apply the same on accow~t of the inJrbtrd- ness secured hereby w to permit sa~d IAORTGAGORS to receive a~~d uu it w any par~ thereol to~ oeh~~r purF osrs, ..•~h•,,,t ~h ur .v~~.~.,~ ;,r ~~~~p,.~~• ing any equ~ty, lien or right undrr q by vi~tue ol this mo-'gage; and in the eve~t •a~d MORTGAGORS shatl fer any rea3o~ fail to kcep the said prem~sas so inaured, w fail to delivrr pron,pUy •ny of said po6ues o) msurance lo sa~d MORiGAGEE, or lail pron~ptly to pay fu:ly any premwm fhe~elor or in anr - respect fail ro perfium, d~scharge, eaecu~e, effect, cornplete, comply wi~h and ab~de by this covenant, or any par~ heraof, sa~d MURiGAGEE may p~sce a~ o pay iw svch insurance o~ any part thereof wi~hout waiving a aftecting any option, lien, equ~ty, or ~igh1 under or by vi~tue of thif Mortgage, and the f~11 amount of each and every such payment shall be ~mmediately due and payable and shall bear interest Irom tha date ihereoi ur~~il pn~d at the ra~e ol nme per centum ~er annum and to~r~her wnh wch iNer~sl shall be srcurrd hy the lien of ~his matgage. 1. To ptrmit, commit or suffer no waste, i~npairment or dete~ioration of said property or any parl lhcreof. 5. To pay all and singular the costs, charges and expenses, ~nclud~ng a reasonable a?iorney's fee ar.d cos~s of abstracts of titie, inc~rred or pa~d at any time by sa~d MORTGAG:E, beca~se or in ~he eve~~ of the lailure on ~he par~ of the aaid MORTGAGOR to duty, promptty and fully perform, d~acharge. :xecuta, effect, comple~e, compty w~th and ab:de 6y each and every the s~ipufat~o~s, agreements, conditions, and covenants of sa~d promissory note and this mortgage any w e~~her, and sa:d costs, charges and expenses, each and every, shall be immediately due arx! payable; whether or not there be no~~ce d~ mand, attempt to coliect w surt pending; a~xl the tulf amount of each and eyery wch paymem shall bear interes~ from the date thereof uorii paid at Ihe ~.~re o+ nine per ccntum per anuu~r, a•i~ aN aaid ccsts, charges and eaper~ses incurred w paid, together w~th such interast, shall be secured by the lien o( thif morfgage. 6. That (a) in the event of any breach of this Alortgage or default on Ihe part of.the MORTGAGOR, or~(b} in thtr event any of sa`d sums of money herein roferred to be not prar.ptly and fully paid within thnty (30) daya next aiter the same severa~ly become due and payable, witlaut de+nand or not~ce. or (c) in the evem each and every ~he stipu~at~ons, agreemenrs, cond~tions and covenants ol sa.d promissory note and th~s mortgagt any or either are not ~~ly, promptly and lully pe~(ormrd, d.schargzd, e¦ecured, effeded, comp:eted, complied with and abided by, then in e~ther or any aucA event the sa~d ag ~~egate sum menrioned in said pronussory note then remaining unpa~d, with inte~est accrued, and aH moneys secured hereby, shalt become due and pay- eb',e forthwith, or therea(trr, at the op!~on of aa~d A~10RiGAGEE, as fully and complefely as if ell of Hie s:.id surns of money were or~g~natly st~pulatrd to be pa~d on such day, a~ything in sa:d pro~n~ssory note or in this Mortgage to the contrary notwithstand~ng; and thereupon or lhereafte~ at the op~~on of sa~d MORTGAGEE, w~tho~t nonce w demand, su~t at taw er in equity, thereiore or the~eaiter begun, may be prosecuted as if all moneys secured he~eby r.~d matured pr~ot to ~ts instit~t~on. 7. That in the event t~at at the beginn:ng of or a1 any time pending any suit upon this Mertgage, w to foreclox it, or to reform it, or to en(orce paymero of any tlaims hereund=r, said MORTGAGEE sha11 apply to the Cov~t having ~urisd'.a;on ~hereof (or the appantment of a Receiver, s~ch Court shail forthivith appoint a receiver of sa~d mortgaged property atl and singular, includ~ng a~l and singu~ar the inceme, p~oF~ts, issues and revenves from whatever so~rce de~ived, each and every of wh~ch, it being e~pressly understood, is hereby mor~gaged as if spec:ficaily set forth and described in the granting a~d habendum dauses hereof, and such Receiver shatf have all the brcad and efieclive funtt;ons a~d powers in anyw~se emrvsted by a Couit to a Receiver, and s_ch appointment shall be made by such Court as an admitted equity and a matter of abso~ute r;gM ro said MORTGAGEE, and without re(erence to the adeyuacy or i~adequacy of tha value of the property mortgaged or to the sorventy or ~~iolvency o~ said ldOR7GAGOR or the defe~~dants, and that suth re~~s, proiits, income, issves and revenues shail be applied by such Recrrver accord~ng to the lien or equity of sa;d MORTGAGEE and the praUice of such Court. 8. To duty, promptly a~d fully pe~torm, discharge, execute, effect, complete, comply wi~h and abide by each and every the stipulations, agreements, conditions artd covenants in sa~d prom~ssory note and this mwtgage set !orth. 9. That in the event the ownership of the mortgaged p~emises, or any part thcreol, 6ecomes vested in a pe+son other than the MORTGAGOR, the '~•.ORTGAGEE, its successws and assigns, may, withoW notlce to the NIQRTGf.OR, deat w~th such succeiso~ or successor in interes~ with reference to this ~•ro• g~eu~d ~ h dde6thheeeb ssecu ~'n No sae of he~rremise,s he~reb9amort a'i dua~d no fo,rbea~a'nce'on thed'art of,tMetN10RTGAGEErw itsbsucces~sors d pon ~ ' F Y 9 9 P o+ assigns and no extension of fhe ~ime for the payment of the debt hereby secured given by Itx MORTGAGEE o~ its successors.or ass~gns, ai~all operate ro release, d~xharge, mod~fy change or alfect the original liab:l~ty of the MORTGAGOR he~ein, either in whole or in part. J0. tt is speuficatty a9reed that t~me is of the essence of this comract and that no waiver of any obGgarion hereunder w of the obligation se- cured hereby shalt af any time ~hereafter be he:d to be a waifer of the terms hereof w of the instrument secured herby. 11_ In add:tioa to the foregc.ng montn'y paym~nts of pri^c pat and interest requ~red by the p:om~sscry ~ore sec~red hereby, mo•tgagor tovenants 3~:d agrees to pay to mo-tgagee :+~th each n:onrh:y paJ~.,ent an edd~rional svm est~n;ated by mortgagee to be equal :0 1, 12 of the annual cost of the follow- n A-All real property tax~s le~ned or assessed Dg31'?St the above described real esrate. B-Prem~ums on i~re and windstorm insurar.ce as here~n req~:red to be car~ied on the improvements sit~are on th^ above d:sc~ibed premises. C-Premiums on such m.ortgage guaranty insura~.ce as mottgagee shal~ from t me to iime deem fit to tarry on the loan sttured hereby_ Mortgagee shai~ .'rom r~~ne to t~^~e no!if~ mortg~gor ~n wrrtEng of the a~,ount cl~a and payable he~eunder and wch su~n sha11 thereupon be due and ~ :a;abte on thr due da!e of ihe r,ext neonthiy payment and each successive momh thereafter ur.til mortgayee sha!1 not~(y mortyagor of a change in such e^~ovnt. Such s~ms sfa[f be app:~ed by neortgagee Icwa~d the payment of real property taxes, inwrance prem.ums, and mortgage guaranty iniurance p•erniums. ~ ; N Y~ITNE55 ~lHEREOF, tne said MORTGAGOR has hereunto set his har.d and seai the day and y ar irst afwesaid. ~ Signed, Seat and etivped in the~oresence of: . ~~(fGC- ~ i • ~ 9 f'' J ~ ~w ~ (Seal) S j ($eal) (Seaq STATE OF FIORIDA ~ ' ~OU!JTY Of St. t.~icie ~ ~ Before me personaliy appeared _~'rallace I.• Fushing and Justine Q• Rushing his wife, to me well known and known to me to be the individuals desc:ibed in and wF» ezecuted the foregoing instrument, and acknowledged before me that they executed the same iw the purposes the~ein expressed. Md the sa~d .~LlStlTle F3.Rushing rv~fe of the wid ~'~a113C@~ Rushinq upon a sepa?ate dnd private ~ ~.ami~at~on by me laken seFarate and apart from her said husband, acknowledged to and before me that she execufed said instrument freety and volun- ,zniy and w~thout any comp~tsion, constraint, apprehens:on, or fear of or from her said husband. - T~'~ ~ WITt~ESS my hand and offic~al seal this__ 2 Sth day JuIY i? ~~b. i9 73 ~ ~ , _ 1 Pri - Notary Public in and or t Sta of Flo " aA Lar~b / ;r . . : • _ • ; / ~ My Commissian expires: _ - ~ _ ~ ~ : _ Return To: . V • - ~ ~ ~ n. _ . . . ;a First federal Savings b Loan Associat;on ~ ~ - ~ ~ ' = ' Of Fo~r P e,ce ( ? HOTARY P[~B'rc. crifrn•~flAR! ~y `~,r5~7va7 ! MY t; ~Aa~~A~•. COSl: Sj [}rol•:I 4~ r ~ ~ • Fort PierCe. FlCrida l ~r j rr; BOndW ihtu l;~r,.'r I:,u:~n:e ~MClrwitiCf~~~` ~ , . ~ . i11E0 kM~ 9ECQRDED ~ 57.lUGlr ~OUNtY ElA- . f~ itOGER f01tRA5 ~ This Instrument Prepared By ,John P=. Collins ~~E~K ~~?r,~IT COURT ~ ~ First Federal Savings & Loan Association RF~~R~, ycp~~:~~...--- ~ ' ~ of Fort Pierce~ ~lorida ~ ~5 3 4o PM 73~ „ Checked By - ~ ~ . ~~Q 216 ~464 ; S ~ ~ _ _ _ - , - ~ < . ` ~ 4 ~ ~ ~ _ :=~f p°~k~s_~ z'" y, _