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Home My WebLink About0658 3. To pl~ce and continvously keep on the buiidings now w he~eaft~r situats on taid land +nd on a11 equFpment and psrionally covercd by this mortp- with ~11 praniums thereon pa~d in ivll, fire insurance in ihe usual standa~d policy iwm, in ~ sum approved by the MOR(GAGEE, and windsrorm inswa~?c~ in IM vswl i~andard pol~cy fam, in a sum approved by ?Fw MORIGAGEE, in such compa~y or companie~ a tM MORTGAGEE may dirMj and all flr~ and w~~torm insura~t~ policies oe~ any of u~d build;nps, any inqr~~t the~ein a part thereof, in tM s99regate wm ~iwesa~d a in ~xceu ~hereof, ihall contain ths usual standud mat9aqe~ cisusa w such othe~ dause ~t tM Mortyage~ may requ~rt, rtukFnQ tM loss unde~ ~a~d poli~ c~et, oach ~nd evNy, payable to said MORTGAGEE as its in~s~e~t may ~ppear, and eacl? and every ~vch policy ihall be promptty au:yncd a~d delive~ed ~o any hetd by sa~d MORTGAGEE ~s furthe~ ~eturity to said monpag~ dabt, and, ~01 leu ~ha~ te~ (10) days in advsnc~ of ths •xpiration of each policy, to dr livK to uid MORiGAGEE a ~enew+i thereof, topethtr with a rettFpt for 1he premiwn of wch renewal; ~nd Iher~ shall b~ no fue w windstorm insuru?ce pleced on sny of said buildings, ~ny interest thertin w pa~t the~eof, v~leu in tM fwm u~d with IM Iwa payabl~ is aiw~saidj u~d in th~ ~vant a~y sum of money becom~s payabfe u~der such policy or polKies ~aid MORTGAGEf shaU Mw ~I+~ option ro rece+ve and apply ~M s+ms on scco~m of tM indeb~ed nesi satwed he~eby or to permit said MORTGAGORS to rcteive ~nd us~ it or any pa~l thereof (w otiicr purposes, without th.rcb~ waivi~ig o~ ~n,pair irp any eQuity, lien or right ~nde~ w by virtw of thw morrpsge; and in tM weM u~d MORTGAGORS shalt fa sny reawn fail to keep rhe s~id premiu~ so insurcd, w f~11 to d~liva promptly ~ny of wid pol~cies oi i~suianc~ ~o u~d MORTGAGEE, a fail promptly fo pay fully any premium ?herefw w in any respatt fail to psrfam, dixharge, execute, effacl, complete, comply wi~h and abid~ by this cove~snl, o~ ~ny pa?t he~eof, said MORTGAGEE may piace and pay fa iuch ie?iura~cs or ~ny pa?t thereof without waivtny or af(ectinp any option, lien, equity, o~ ~igh~ vnder w by virtuw of tfiis Ma~gaye, and tM 1u11 ~mount of ssch and ewry wch payment sMll be i~unediatety dw ~nd payabls ~nd sMll bear iMere~t fran 1he dat~ thereo( un1i1 paid a~ the rat~ ol nine per cenlum par annum and together with suth intereyl shal{ be secured by the lisn Of this mort~age. 1. To ptrmit, tommit u suffer no waste, impairment a deterantio~ of said property w any pa?t thereof. 5. To psy atl and sinpula the costs, charges ~nd expenses, includirp a reasonable attarney i fes and co~ts of abitracta of ti~le, incurred w pa~d at any time by said MORiGAGEE, betavie ot in the event of the failure on the parl of ths s~id MORTGAGOR to duly, promptly ~nd futly perfum, dixMrqa, execute, eifett. complete, comply with snd ab~da by each ~nd every tha stipulat~an, y~eemenn, ca+ditpx~s, and mvenants of said ipraniuory note and this mortgags any or either. and sa;d cosri, chuges and eapenses, cath and every, ihall bs immediately dw and pay~blr, whethar w not there bs norice da mand, attempt to colkd w wit pend~ng; a~d ths full ~rnount of each and every such paymem sh~ll bea. int~res~ from ~M date thereof umil paid the rale of nine per centum per annum; and alt said toses, charges and expense~ Fncw~ed a paid, together w~Ih suth intere~t, thall be utured by the 1'~ of this mwtpsye. 6. ih~t (a) in the event of any breach of this Mwtga9~ w default on the part of the AhORTGAGOR, p(b) in tM event sny of p7d t~ms of naney herein referred to be not promptly and fufty paid wUhin thirty (30) dayt ~ext after the same sereially become due and payable, withovt demand a noiice, or in the eveM each and every tF~e stipulations, agresments, conditio~s and covcn~nts of sa~d promissory note a+d th~s matgage any p ei~he~ ar~ nof iuly, promptlY and iully performed, d:uharged, executed. effected, complcted, complied with snd abided by, the~ in either w any such evem ths said ag gregate aum mentiw~ed 'en sa;d promissory nots then remainin9 unpaid, with interest acuued, and all moneys secured hereby, ~h~ll becane due and p+y- able forthwith, or tFxreaf~er, a1 the opt+on of said MORTGAGEE, ai fully ~nd complefelY as if all of the said sums of money were orginaliy stiputated ~o be psid o~ such day, anythirg in ea~d prom~uory nate or in this Mwtgage fo the contra.y norwi?hstanding; and thereupon or thereafter at ~he option of sa~d MORTGAGEE, without notice or demand, wit at law w in eq~ity, tFKrefwe or the~eafier begun, may be prosecWed u if ~II moneys secu~ed hereby had rtNtured pnor to its imlitution. 7. That in the eveM thal at the beginning of or at any time pending any svit upon thN Mortgage, a to foreclosa it, a to reform iL w to enfwce payment of any claims he?e~nder, said MORTGAGEE shall apply to the Coun having jurisdiaion the~eof fw the eppo~etment of a Receiver, such Court shall fwthwith appoint a receiver of said mwtgsged proper?y all and airgular, intlud~rg all and singular tM income, profits, issues and revenues f~om whatever w~rce derived, eath and every of whith, it beinp e:preuly ~nderstood, is hereby mo?tgaged as if specificalty set fwth and dexribed in the grsnting and habendum clavses hereo}, and such Receiver shall Mve all the broad and effed~ve funcuons and powers in snywise entrusted by a Go~rt to a Receiver, snd :vch appointment shsl( be made by such Court as an admitted eqvity aad a matre+ of absolute ?ighf to safd MORTGAGEE, and without reference to tlx edequacy a i~adequaq of the val~e of the properry mortgaged w ~o the sowency o~ insolvency oi taid MORTGAGOR w the defendants, and ~hat svch renrs, profin, income, iss~es and revenues shall. be applied by such Receiver according to the lien w equify of wid MORTGAGEE and rhe practite of such Covrt. 8. To duly, promptly snd fully perform, diuharge, execute, effect, complete, cemply w~th snd abide by each and every the stipulations, agrcements, co~ditam and covev»nts in sa~d promissory ~ote and this mortgage set fwsh. 9. That in the eveM the ownership of the mortgaged premises, or any part tF+ereof, becomet vested in e penon ofher than the MORTGAGO$ the MpRTGAGEf, its successws and assigns, majr, without no~ice to the MORTGAOR, deal with such succeasor o~ successor in interesl with reierence to this morlgsge and the debt hereby secured in the same manner as with Mo~tgaga without in any way . vitiating or dixharging the Mortgsgors' liability hera under, w upon the debt hereby securtd. No sale of the Fremises hereby mwtgaged end no fwtxarante on the part of the MORTGAGEE w iri sutcessors or aug~ and no exten:ion of the time for the payment of the debt Fxreby securcd given by the MORTGAGEE or its succeuors or assigns, shall operate , ro release, discharge, modify thange or affect the original liability of the MORiGAGOR Merein, either in whole w io part. 10. It is specifically agreed tFat time is of the essence of this contract end that no waiver of any obtigalion heteunder or of the obligation se- cured hereby shall at any time thereafier be held to be a waiver of the terms hereof a of the instrurt+tm secured herby. 11. In addrtion to the fwego:ng monthly payments of princ pai and interest required by the promissory note secured hereby, mortgagar covenants and agrees to pay to mortgagee with each monthly payrr~ent an sdd~rional sum estimated by mortgagee fo be equal to 1/12 of the annual cost of the follow- 7ng: A-All real property ta:es kvied or assessed against the above dexribed real es~ate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. - C-Premiums, on such mortgage guaranty insurance as mortgagee shatl from time to time deem fit to carry on the ban secuaed heieby. Mo?tgagee shall from time to tirne~ notify mongagor in writing o# fhe amou~t due and payabk hertunder and such sum shall the~eupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter.ur,til mwtgsgee shall notify mortgagor of a thange in such a~nount. Such sums sF.ail be appfied by mortgagee toward the payment of real property taxes, insurance p~em:ums, and mortgage guaranty insurance ~ premiums. ~ IN WITNESS WHEREOF, the said IAORTGAGOR has hereunto xt his hand and seal the day and yesr firat afaresaid. , Signed. Seaied and de ' in the p?ese~ce of: " ' a~ ~ R~ • e~ , ~ n ;i Sall A. Dun h ~ ~ S7ATE Of FLORIDA i COUNTY OF St . Luc ie ~ ~ 6er«~ .w,w~~ a Robert L. .~d i pe y ppeared Dunphy ~ $dlij/ A. DunphX his wiie, to me well knowe and known to re~;b b~ : the ind'evidvsls desc?ibed in and who executed the foregoing instrument, and acknowledged befwe me that they executed the. s~OMDtiM~~~y,,. pur~oMs ' ~ rherein expressed. A+~d the tai $all A. DU21 h j=`~ ?~~~1 , i E W~r~ of r~ .a~d Rabert L. Dun hv ~ N••• ; P v t's'~ r~~s~n~;~rf}are ~ ~ , . e:am~~ation by me taken separete and apart from her said husband, atknowtedgcd to snd befwe me that she executed '~%y ~freely ~ro~~t- ' r~ rarily and w7thovt any compulsion, constrsint, appre iqn,~yr~esr of w from her said husband. ~ R C~'. ~_t• _ WITNESS my hand and official seal thi ~~"kr da bf Jul ~ A. ~ 19~,r~ • ~ - • • _ ; ~ ~ IR~ 1 Notary Pvblic in ~nd for the Staf* , id~ ~t~r~ ti~ ' My Commiuion expires: • ~ ~ s T ~ F At ~ j Re~urrt io: . ~ '~i~, ~ Fint federal Ssvings a loan Associatton i[, StA•E ef FIRRIDA at tAR116t•:~• ; Of Fort P:erce. ~t„-~: ,.?'r~-~~r$ )AN, 7. 191] ~ ; fOrt Pierce. Florida . . ~ ;~;,,-j;~t5 Ii75vldRCB C0. ~ . I __vY~~ FflfO ey~~ RECORDED~ ~ This Inst~ument Prepared By Gs,iy F. B11M?ood ST. LUCIC Cq(.~h711 FUI. 3 ROC-? FJiT~.~$ First Federa) Savings 8 loan Associatior~ Clt?~x C,"iJt7 COtJRT - ~ of Fort Pierce , Rlorida . RECnf ~ ~ _ ~rD ~ i E Checked By Aue l 3 0~ PM s~3 ~ ; [ ; . ~/~~1 ~ ~ ~VIiK~~~ V 54 : - - - - - - _ _ ~ _ ~ : .~s~