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Home My WebLink About2903 To ptace and continuously keek on ~he bu~:dinqs now or hsreafte~ ~ituate on said land snd on all equlpmero and personaily covered by this mor~g- sg~, with all premiums Ihercon paid in (ull, fue insurance in the usual s~sndard polity torm, in a fum approved by Ihe MORIGAGEE, end windi~am insura~c~ ln the ufua) s~~ndard pol~cy Torm, in s sum •pproved by the N10RTGAGEE, (n such company o~ canpanles ss tM MORTGAGEE m~y direct; and all ii~e and w~ndstorm insura~ce pol~cies on sny of ss~d build~nps, ~ny inlere~l lherein o~ p~rt thereof, in the aqp~ega+~ sum ifaeaaid w in sxcest Ihereof, ihall contain ths uiual s~andard matya9ee clause a such otM+ ct~~s~ ~s tha Matpages may requ+~~, makinp the loss unde~ sa~d po~E cie~, each arx! every, payabla to ssid MORTGAGEE as i~i in?eresl may ~ppear, and eath a~d ~very auch poficy sha11 be promptly a~a.gncd a~d delivered io any heW by ssid MORiGAGEE as further security to iacd matgags debt, and, no~ I~u ~Mn ten (10) days'in advance o/ ths •xpiration of each pol~cy, to ds- Irv~r to iaid MORiGAGEE a ~enewal rher~of, roperhar with ? re~te~p! fw the pr~mi~m of ~uch renewal; and ihere ~ha0 be no fire or windsiam i~surance placed on any of iaid build~ngs, any in~e~es1 tl+~re~n or p+r1 thereof, u~l~u io ~he form a~d with th~ lou payable si aforsuid; and i~ the eveot +ny sum ~ of money bccome~ payable u~da such policy w policias wid MORTGAGEE shall h~v~ the opt~on to rece~va and apply the ssme o~ accoun~ ot the indebted- S neu secured hereby a ~o permil said MORTGAGORS to receive and use it p any part Iherco} fa otne? pu~NOaes, wi~hout th=r u~ waiving o~ m~pair- ing a~y equ~ty, I+en w right under or by vinue of thii mort9s~e; and in tM event ia~d MORTGAGQRS ihaU fw any reaso~ ?sil ~o keep the said p~sm~ses to iniured, or (ail to delive~ promptly any of aaed policies of insurancs to said MORTGAGEE, w iail p~omptly to pay fully any premium therefor w in any respac~ (ail to psrfwm, d~scha~go, execute, elfect, complete, comply with and abids by Ihii cove~ant, a any parl hereoi, sa~d MORTGAGEE may piace a~~d pay EW tuch insuranc~ ot ~ny part Ihereof without waiving w affectinp any option, lien, equily, w ri9ht under a by virtue of this Mo~tgage, •nd tht full amou~t of each and every such payment shall be immediately dw and payable and ahall bea? interest irom the date thereof u~til paid st the rate ol nine pe~ centum per ennum and to~ethcr with suth interest shall be seturrd by the lien of this mOrtgage. 1. To pe~mit, commit w sufFer no wasts, impairment or deterioretion of said property w any pa» thereoi. 5. To pay all a~d singular the costs, charges ~r+d expenses, includ+ng a~rasauble attar?ey i fee and cosls of sbstrads of title, incurred or pa~d a~ any time by said MORTGAGEE, because w in the event of the failure or~ the part of ths said MORTGAGOR to duly, promptiy snd fully pe?form, d~xhsrge. execute, e(fed, complete, comply with and ab:de by each snd every the atipviawions, ~grcements, cond~tio~s, ar?d covenants of said promissory note and ~his mo.rgaQe any w e~iFMr, and u~d costs, charges and eapenses, each and every, shall be immediately due and payable; whether a ~ot there be not~ce da mand, at~empt to colled or suit pend~ng; a~d the fuil amount of each end every such payment shall bes. interest from the date thereof until paid at Ihe ~a+e of nine per centum per an~i~m; and alf sa+d costs, charges and expenses incurred or paid, togetlxi w~th such interest, shal) be iecured by the lien of thls mortgaga 6. That (a) in the event of any lueach of this Mortgage or defavlt on the psrt of thc MORTGAGOR, w(b) in the event any of satd svmt of money herein ~e(eued to be not pranptty and futty paid wirhin th~rty (30) days +xat afte~ fhe same saverally 6ecwne due snd payable, wi~hout demand or notece, or (c) in the even? each and every the st~iau;afions, agrerments, conditions and tovenaMS of sa~d promiswry ~o~e and ~h~s matgage any a e~ther ue nol iuly, prompHy and iully performed, d~scharged, executed, efiected, completed, comptied with a~d ab~ded by, thsn +n e+~her a any sucb event the said ag- grega?e sum mentioned in said promissay note then remaining unpaid, with inte?es1 actrued, and all moneys secured hereby, shall becoma dus and psy- ablr fwthwith, w thereafter, a1 the oprion of said MORTCaAGEE, as fu~ly and completely as ii all 01 the said suma of money were originatty sripuleted eo be paid o~ svch d.:y, anything in sa:d p~emissory note or in this Mortgage fo the coNrary notwithitanding; and thereupon or thereafte~ at the option of said MORTGAGEE, without not~ce o~ demand, suit at law or in equity, therefwe or thcreafter begun, may be prosecuted as if all moneys setured hereby had mawred pr~or to +•s institut~on_ 7. That in tF~e event that at the beginning oF or at any time pending any suit upon this Nbrtgage, a to faeclose it, w to reform it, or to enfores payrrunt o) any ctaims hereunder, said MORTGAGEE shall apply to the Court having junsdic:Eon thereof tor the appointment of a Receiver, such Court shall Forthwith appoint a rece~ver oi said mortgaged property all and sirgular, includ~ng all and singular the income, profits. issua and revenues from whatgver sourte der:ved, eacti and every of wh;ch, it being expressly understood, i~ hereby mortgaged as i£ ipeufically sN forth and described in the granting and habendum clau:es hereof, and such Receiver sha?1 have all the broad and effective f~nd~o~s and powers in anywise entrusted by a Court to a Receiver, snd s.,ch appointment sha~i be made by such Court as an admitted equity and a m.a~ter of absolute right to uid MORTGAGEE, and without refererxe to the adequacy a inadequacy of the valur of the property matgaged or to the soivency or insolvency of said MORTGAGOR or the defendants, and that iuch ren~s, proiits, i~+come, issues and revenues shal! be applied by such Recriver according to the lien or equity of said MORTGAGfE and !he practite of such Coutt. 8. To duly, promptly and fully pe~form, d'rscharge, execute, effect, complete, comply with and abide by each and every the stipulatio~s, agrcements, conditions and covenanti in sa~d promissory note a~ ~his mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any part fhereof, becomes vested in a person o~he? than the MORTGAGOR, thL A'10RTGAGEE, its successws and assigns, may, without no~ice to the MORTGAOR, deal with such succeuw w successor in interest wi~h reterente to thii mortgage and the debt hereby secured in 1he same manner as with Mortgaga without in any way vitiating or diuha~girg the Ntwtgagors' tiabilify herr under or vpon the debt hereby secured. No aale of ~he prem;ses he.eby mo.rgaged and no forbearance on the part of the MORTGAGEE or its successors or a:s~gns and no extension of the time fa the payment of the deb~ hereby aecured given by the MORTGAGEE or its aucce:sors o? auigns, shall operate to retease, dixharge, modify change w a(tect the original tiab~iity of the MORTGAGOR herein, either in wF+ole o? in part. 10. ft is spec~fically agreed that time is oF the -esscnce of this conrract and that na wsiver of any obtigat~on here~nder a of the obligaYan se- c~red hereby shall at any time thereafter be hetd to be a waiver of the terrru hereof or of tF~e instrument setured herby. 11_ In add~tio~ to the forego"rx~ monthly payments of princ'pal and interest required by the promissory ~ore secured hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each mon~hfy pay~nem an add~rianal sum estimared by mortgagee to be equal to 1 jl2 of the annual cost of the fo~low- ! ~ng: A-All real property taxes levied or aasessed against thc above described real estate_ B-Premiums on fire and windstorm insurar.ce as herein requrted to be wrried on the imp~ovements aituate on the above described premises. C-Premiums on such mortg;ge guaranty i~surar~ce as mo~tgagee shalt from t~me to time deem fit to carry on tF~e loan secur¢~ ~reby. Matgagee shail f.om t~me to time notify mortgagor in writi~g of the amount due and payabl~ hereundrr and such sum shall thereupon be due and Fayabte on the due date of fhe next month:y payment and each successive moMh thereafter urtil m.ortqagee shall notify mortgagor of a change in such ~~~~o~nt. Such sums sF.alt be appl~ed by mortgagee roward the payment of rea! p~opeity taxes, insurance prem:ums, and mortgage guara~ty insurarxe o~emiums. IN WITNE55 Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and firsf w id. Signed, Sealed and delivered in tF~e presence of: ' a~ ' ~ ~ , R har Wazren c~aq ; C_~~/~il[/~C-il l24'~.l~tsea~) Frances Warren ~s~an ~ ~ ` 5 i ATE OF fLORtDA ~ ~ $t• l.L1C16 SS' E couNrY oF ~ ~ Befo~e me personally appea~ed R i e~ ha rA t~r ren a~ ; Frances Warren his wife, to me well known and known !o me to be ~ rhe ind;viduals described _;n and who txec~ted the foregoing instrument, and acknowledged before me that they executed the same fw the pveposes . ' rherein expressed. And the said_ RLi?11C@S wsrren - E ! a ++~fe of the u~d Riehard Warren : upon a separate and privats e*aminstion by me taken separate and apart from her said husband, acknowledged to and before me that she executed said insttumsAt freely and volum r ra*~ly and without any compufsion, tonstraint, apprefie ion, w fear of w from he? taid husband. ; WITNESS my hand and official seal this day o Jul - y • p. ~,q ?3 z ~ - ary Public in and for the Stttp O otida it ' ' Retum 70: y Commission ezpires: NOTA~ ~_~~T!~{E ~lORlDA ~T UR~E - cr~s~ys9io~ ~xP~s cc~: -~s. le~s first Federal Savings 3 Loan Association P Y d',,~:T~~~~pGr~r.~l InsJrayrp 'I~h~s~+r~t~rs. ~ Of Fo~t P~erce. ~~j ` : ` Fort Pierce. Fiorida r~~ ~ , } : r ' i ffCEO AN?+ o ` ST. LUCIE CpvkTr F~~ { RQ,.ER ~ ~ ~ This Instrument Prepared By B• B1'aw1 CLFR~ .~~TRAS £ First Federa! Savings 8 Loan Association a`CQFr y~c;F~E~ COURT Qt' ' of Fort Pierce , F loX ida 5 ~uc 3U 3 26 PM ; Checked By G'~- ~ ' sb ~o~K 2~6 Fs~f 2904 ~ _ _ - - - - - - - - - . ~ ~ ~ ~ '~itinz'~.*_::'~.~._J , __'~-~a.~ a ~ . . - ~ c. r.~., , s:~ , > . . _ .r~._,_. . : ~ ~_'~'~~~~,,..'~m