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Home My WebLink About1184 3. To place and continuovsly kcep on the bui!d~ng~ now w hereatter ~it~are on said land and on all equipm~nf and pe?sonslly covered by thit mwtg~ egs, wilh all premiums thert~p~ paid in full, fire insvrance in tha usuat s~andard poticy form, in ~ ium approved by the MORiGAGEE, and windsiwm ~nsurar~c~ i~ IM usual ~tandard policy torm, in • sum approved by ~he MORiGAGEE, in such company w canpan~et as tha MORTGAGEE may direch and atl fire and w+nd~to~m insurAncs policies on any of ~aid build~nys, ~ny inte~e~~ therein or psrt thereof, in the ~yg~egate wm afaeiaid w in eacess thereof, thall conta~n ~he usuat s~andard ma~ga9ee clauie o~ iuch othe~ cl~use as ~M Mortgagae may reQuir~, making ti+s lou u~der sa~d potF de~, each and evNy. payabfa to said MORTGAGEE as its interest may appear, and each and eve?y such policy shall be promptly ass gned and delirered to any held by said MOQTGAGEE as furlher sec~rity 'to said mortgaga debt, snd, ~wt less 1h~n ten (10) days in advante of the expiration of each policy, to d~- I~ve~ to said MORiGAGEE a renewal rhereof, toAeiher wi~h a receipl fw ths premiwn of euch re~ewah and the~e shatl be no f~re a wind~to~m insu~anc• placed an a~y of said buildings, any intereit lhcrein w parl thereof, unleas in tiw form ~~d with tM loss payabk as aiaesaid; and in the ev~nt ~~y ium of money becomes payable u+ida such policy w pol:cies ssid MORiGAGEE shall h~w the op~ion to rece~ve and apply the ~ame m account of the indabted nea secured hereby w ro pe~mit se7d MORiGAGORS ~o receive and use It p any parl thereof for othe? purposes, wlthout ~hsr~o~ wa~vi~w~ or ~mpair- i+~g any equity, lie~ or righl w~der or by virtue of this mortg~ge; snd in tM event ia~d MORTGAGORS shall fw any reason fail to keep the iaid premitri so insu?ed, w fail to deiiver promptly any of said policies of insuranc~ to sa~d MORTGAGEE, or (ait promptly to pay fully any premium the?efa w in any reipea isil ta pertam, discharge, execute, effect, complete, compiy wilh ~~d abide by this cove~ant, a any part he.eof, said MORTGAGEE may place and PaY.fa such insurance or ~ny part thereof without waiving w ~ffacting ~~y oplion. lien, eqvity. w right u~der w by virtve of this Mwlga9e, a~d the iull amount ot each and every such payment sha!! be immediately d~e and payabls +nd shall be+r interest from the date thereof umil paid at the rats ol ni~e per centum per annum and togelher wiih such iMerest shali be tecured by the lien of this mo~tgage. ' 1. To permit, cvnvnit or suffer no waste, impairment a deteiwration of said property or any part tF?ereof. i S. To pay all ar+d singulsr the costs, cha~ges a~d expenses, including s re~sonabte attwney i fee s~d cos~a of abstracb of titte, incurred or paid at ; any time by said MORTGAGfE, bttause d i~ fhe event of the failure on-the part ot the said MORiGAGOR to duly, promptly a~d fully perfwm, dixhargq execute, effed, complero, comply witi? and ab:de by each and every tF?e stip~la~ions, egreements, co~ditiau, and covenants oE said Qromisswy note +~+d thit ~ rortgage any w eitF?er, a~d said costs, cMrges and expenses, each and every, :haU be immediately dve and payable; whether or not there be notice do- mand, attempt to coltect a wit pend~ng; and the full amouM o( each and every such payment sAall bea. interes~ from ~he dare thereof u~til paid at the : ra~e of nine per centum per annum; anc: alt said costs, charges and expenses incurred a paid, together wfth such interast, shalt be secured by the I+en of thu mortpa9e. 6. That (a) in the event of any breach of this Mortgage w default on the pa.t of the MORTGAGOR, w(b) in the event ~ny of said svms of mo~ey herein referred to be not promptly and Fulty paid wi~hin thirty (30) days next after the same severally become due snd payable, without dema~d w notice, or (c) in the evenr each and eve?y the stipulations, agreements, conditions and coveoants of sa;d promissory note aod th~s mortgage any or either are ~wl iuty, promptly and fuily perfwmed, d~xharged, execvted, eNected, completed, canpfied with a~d abided by, then i~ e~ther o~ any such evenl the said a¢ " gregate sum mentioned in said promissory note the~ remaining unpaid. with interest acuued. and all moneys secured hcNeby, shall betome dus and p~y~ ' eble (athwith, or thereafter, at the option of said MORTGAGEE, as fvlly and completely as ii all of the said wms of mo~ney wtre aiginally s~~pulated to be paid on such day, a~ything in sa:d prom~sswy note or in this Mortgage ~o the contra?y natwithstanding; and thereupon or thereafte~ at the opt~on of said MORTGAGEE, without norice or demsnd, suit at law o? in equity, therefore or thereaiter begun, may be prosecuted ss if all moneys secv~ed hereby had matulld pfip 10 i1S ifl3titutiOrl. , 7. That in the event that at the beginn;ng o( w a1 any time pending any suit upon this Matgage, or to fwet(ose it, or fo reform if, w to enforce payment of any tfaims hereunder, said Mt7RTGAGEE shall apply to the Court heving jurisdictioo thereof for the appointment of a RKeiver, such Court shall forrhwith appoin~ a receiver o( said mwtgaged property all and singula~, irxlud.ng all and singula~ the income, qoiits, iuuea and revenues from whatever ~ source derived, each and every of whrch, it being expressty under:tood, is hereby morrgaged as if specifica~fy xt forth and desuibed in !he g~anting and 'j habendum tlauses hereof, and such Receiver shall have all the lxoad and effective functaons and powers in anywise entrusted by ~ Coyrf to a Rcceiver, and s:.ch appointment shall be made by such Court af an admittrd equity and a malte~ of absolute rght to said MORiGAGEE, and without reference to ihe adeGuacy or inadcquacy of the valve of ~he property mortgaged or to the sotvency or insofvency o( said MORTGAGOR p the defendants, and that such :ents, profiri, income, issues ar+d revenues sha~l be applied by s~rth Receiver according to tht lien or equity of said MORiGAGEE and tF~e pradice of suth Court. 8. To duly, promptly and fully Ferfwm, dixharge, execute, effect, complete, comply with and abide by each and every tF?e stipu(ations, agreementi, conditions and coveiwnts in wid promissory note and this mortgage xt fwth_ 9. That in the event the ownersh~p of ~he moitgaged premises, or a~y part thereof, becomes vested in a person other thsn tlx MORTGAGOR, fhe r!QRTGAGEE, its succeuors and assigns, may, wirhout rwrice to the MORTGAOR, deal wirh such wccesso? d successor in in)erest with reference to this mortgage and the debt he?eby secured in the same manner as with Morfgagor without in any way vitiating w dixharging the Mottgagors' lisbility hertr j under or upon the debt hereby secured_ No yale of the premises F~ereby mwtgaged end no fabearance on the paA of the MORiGAGEE o~ its suctessws ~ or assigns and no extension of the time tor the payment of the debt hereby securet! given by the MORTGAGEE or its successori or assigns, ahall operate to releax, d~scharge, modify cha~ge a affect the orig;~al lian~lity of the MORTGAGOR herein, either in whole w in'part. 10. It is specificalty agreed that time is of the essence of this contract and that no waiver of any obligation herevnder o! of the obiigation se- cured hereby shall at any time thereafte? be heid to be s waiver of tFie ttrma hereof w of the instrument secured herby. 11. In add~tio~ to the forego:ng month!y payments of princ~pal and interest required liy the prom~ssory note secured he~eby, mortgagor covenants and agrees to pay to mo:tgagee w~ih each momhly payrnent an addirional sum estimated by mwtgagee to be equal to 1/12 af the annual cost of tF~e fo!!ow- j ing: ~ A-A!I real prope~ty taxrs levie~ or assessed against the above descri4ed real estate_ B-Premiums on fire and windstorm insuraRCe as herein requ~red to be carried on the improvements situate on the abZ5ve described premises, C-Premiums en such mortgage guaranty ir.surar,ce as mortgagee shail from rime to t3me deem fit to carry on the loan secured hereby. Mwtgagee shall f.om time to time notify mongagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and F~yable on the due date of the qext monthly payment and each successive month thereafter uNil mwtgagee shall ootify mortgsgor of a change in such a-rount. $uch sums sha;l be applied by mortgagee toward the payment of real proFerty taxes, insurance prem:ums, and mo?tgage guaranty insurance p'emiumt. IN YlITNES$ WHEREOf, the ssid MORTGAGOR haa hereunto set his hand and seal the day and year first afwesaid. -'gned, Sealed and d livered he presence of: G L~ G~ Jaaes B. Gzeen ,n . , , n • _ ; SeaQ Lill . G een ~i~ STATE OF FLORIDA ~ SY . L[JCIE ~ couNnr oF _ Before me personaliy appeared James B Green a~ ~ Lilly M. Gzeen h„ w~f~, ~o We~r~ rpv?n;snd krqwn to me to be rhe individusts desuibed in and who executed the fwegoing instrumenf, and ackrwwledyed before me that they eice~ut2d~ j~ jan~ fw the p~rposes therein expressed. And the said_ Lilly M. Green 1. ' .v~te of the said Ja~S B. Green ` '1 r~ : vaoSS s' f~~p~/ate I~~nd privste e~aminst~on by me ta4en separare and apart from her said husband, atknowledged to and befwe me that she executfd saed ir~t~y~r~t freal~ snd volun- ~ rarily and without any compulsion, cqnsrrain?, apprehen~s' otr fear of or from her said husband. " • V 1~ - WITNESS my hand and offitial seal thia _ 'l f1~~ day of A11 t~S t ' 73 - ~ , ~ ~ ~~l 19~ .y,~. Notary Public en and for f}w, t• ;~qd~~ a~,~( My Commiu'wn ex ires: V ` - P ~~~'=•~.~.,~.:t~t~~~ ~S- ~`Y ' Return To: . : ~i~:,: ~r" Firsf fedenl Savi ' • . i ngs 8 loan Assoc~at~on ~~~~.~~:~_~a uR6E Of Fort P;erce. ; 1AY COMM{SS10N ~(PIpfS' SEPT. 25, 1915 ~ Fort Pierte. Ftorida ~ ~~n ~n~s FI~EO AH~ R~COROEO ~ This Instrument Prepared By Ga?=y iT. Bliwood ST.1l~C~E COUIITY FIA. Firsi Federal Savings & Coan Association fiOCE~' ~~.'RAS of Fort Pierce CI~~K C:,:.,UiT COURT pL , , Florida p f~~.,~. y_s.;-;c~ , Checked By 11~' a~~ ~o $ 46 ~H ~~3 2s~.~8~. ~ - ~~11 ~f~~ ' ' ~~as .nz,~^;:~~rn~s_ , „ _ _ - ,I I ' y~~ . . : _ ~