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Home My WebLink About1546 . : . 3. To pixe a~d con~inuously keep on fhe kwild~ngs now o~ hereaf~er •~Wate on said land and on att eqvipmrnf and pe~sonaily tovered by fhis ma~g~ sge, with all piemivms Ibereon pa~d in (~II, fi~e in~ursnce i~ the usual ~~u+derd polity form, in • sum app~oved by IM MORiGAGEE, and wind~~wm insuranc~ In tht ~tual u~nda.d pol~cy (am, in • ~um ~pprov~d by ~he MORTGAGEE, in t~ch company or canpanies as tM MORTGAGEE may difKfj ~nd ail flre and w~nd~torm i~s~ronce po~icis~ on any of ss;d bu;Id~nps. ~ny interesl IMrein W p~rt tMreol, in Ih~ a99reyat~ t~m afor~faid or In ~xt~u ihereof, shall con~aio tM uswl ~Nnda~d matqaye+ tlsus~ a iuch oiher dau~ ai ~M Ma~y~ge~ msy rsqu:r~, matinp tM los~ unde+ sa~d pol? cie~, each and every, payable to said MORTGAGEE ~s it~ imc~a~t may ~ppear, ~nd each and eve.y :vch Pa~cy sh+ll bs prompHy ass yned +nd delivared ~o ~ +ny heW by said MORTGACsEE af fur~her iecurity to sa7d mor~g~~s dabt. and, no1 ku Ihan ttn (10) days in ~dvaesce of tM expi~~tron ot e~ch policy, to da ~ I~v~r ~o iaid MORTGAGEE • re~ew~l thereof, ~o9e~he~ with a ~eceip~ fa ~M p~amium ot such renewal; and ~here sMQ ba no f~re or windstorm in:uranc~ P+at~d on ~ny of taid buildinga, any intsral tl?~rein a p~rl the~eof, unkss in Ih~ fo~m ~nd wilh tM loss payable as ~fatsaid; e++d in Ihe evtni any tum ot mor?ey becomei payable under such policy a policies ~aid 1NORTGAGEE shall hav~ th~ opt~on to receive and apply the ~ame on sccoun~ o( tM indebrrd- ness s~cured hsreby a to permit said MORTGAGORS ro ~euivs and us~ It or eny part thereof foi o~he~ purp~ses, withoul the~e6~ waivi~ig o~ ~mpair- ing +ny sq~~ty, lien a right under or by virtus of this mort~~gej and i~ tM ~ve~t w~d MORTGAGORS thall fw ~ny reason i~il fo keep ths said premisat so in~ured, w fail to deliver promptly ~ny of iaid polities of i~turuKt fo said MOR~GAGEE, a fail promptly lo pay futty •ny premium therefw or i~ any re~pect fai! ro pe~fwm, diuha~ge, execur~, ~ffsn, complete, comply with and ab~de by ~hii covenan4 or any paH hereof, said MORiGAGEE may pl~ce and paY fa such insuranc~ w ~ny part thereof w~~hout w~ivinp or sffectinp any op~~on. li~n, equ~ty, « ri9h~ undx or by virtue of this Matgap~. ~~d ~he futl amount of each and tvery tuch paymenf ~hatl be immed;ately dw and pyabls and ahall bear interest irom lhs dats thereof umil paid at the ~at~ ot nine p~r centum per annum and together wifh such interest shall bs ~ecured by the liee~ of thi~ mort9sge. . ~ To permit, commit w suffa no wasts, impairment o~ deter~oration of iaid p~operty p any psrt thereof. 5. To pay all and sinp~lar ths cosri, chsrges u~d expenses, including ~ reasonable sttwney i fee and costs of ab~trads of t~tle. i~curred w paid at ~ any time by said MORiGAGEE, betause o~ ln the event oi tl~e failwe on the part of the said MORTGAGOR to duly, p~omptly ~ed futly pe?fam, d~schsrga ~ execute, effetl, complero, tanply with and ~b~de by exh ~nd every tht stipulations, agreemcnts, conditions, ~nd mvansnts oi said prOmisswy note and thii mo.tgs~e ~ny w ei~ha, a~d sa~d cosh, ci+upes and expcnses, each and eve?y, th~lt b~ imn+ediatety dw and payable: whe~her a not there be no?rce de~ mand, mernpf ro colka w wi~ pe~d~rg; and ths full arrwu~t of each arxl every such payment thall beu iroerost irom the daro thereoi w?til paid at tFK 4 r.,te ol ni~ pe~ centum per annum; ~r~d all said costs, charges and expenses ir~curred or paid, together w~1h tuch interest, shall be tecured b~ the lian oF thu morryage. Q Tha1 (s) in ihe ,~rent of any breach oi tF~is Mwtgaga o? defautt on the part of the MORTGAGOR, or (b) in the event ~ny of said sums of money ; herein referred to be ~wt promptty a~xl iully psid wcthin Ihlrty (30) days next after the sam~ sevaatly become due +nd payabls, wi~hout demand a no~ice. ~ or (c) in the evenf each snd every the sripulations, ~greements, conditions and covcnants of sa~d promiuory note and th~f mo~tyage any w eithe~ are nW ~ iv1y, promptly aod iully periormed, d:xharged, e,eecu~ed, effected, completed, complied with and ab~ded by, then in e~ther w any such ewnt ths said ag gregste sum mentaned in ssid promissuy note then remaining unpaid. with inte~eat accrved, and atl maneys sec~~ed hereby, ahall betome dw end psy~ ; able forthwith,, w ihereafter, at the option oi said MORTGAGEE, ai tully and completely as if all of the said wms of money were uiginslly stipulsted { to be pa~d on svch day, anything in sa:d promis:ory note w in this 1Nortgage to the comrary notw~ths~anding; and Ihcreupo~ or the~eafter a~ ~he op~io~ of said MORTGAGEE, without notice or demand, suil at law a in equity, therefqe ot thereafter begu~, may be prosetuted ss if all moneys setured hereby .4 had matured prwr to its institution. ~ 7. That in the ev~nt Ihat at the beginning of o? at any time pending any suit vpon this Mwtgage, w to fweclose it, or to reiwm it, or to enfwce j payme~t oi any ctaims hcreunder, said MpRTGAGEf shall apply to the Couit havFng jur;sd;ction thereof for the appointment of s Receiver, such Couvt shall i forthwith appoint a rcctive~ of said mwtgaged property all and sirqvlar, inclvd~ng all and singula? the income, p~ofits, issues and revenues from whatever source derived, each and every of whKh, it bcir~ expressly unders~ood, is hercby mongaged as if spec~fically set fwth and desuibed in ths gra~ring and hobendum tlauxs hereof, ~nd such Receivtr shall have all the brosd. and effec~ive funct~ons and powers in ~~ryrwiss enuuited by a Gourt to a Receiver, and ~ :uch appointme~t ihall be msde by such Court as sn admitted eqvity and a matter of absolute right to said MpRTGAGEE. and witFwul ~efererxe to ths i adequacy cr inadequacy of the value of the property rtwrtgayed er to rl~e soivency o~ ;nsolvency o~ said MORTGAGOR o~ the defenda~ts, and that auch ~ rents, profiri, intorne, iuues and revenues shall bs applied 'by such Receiver accord~ng to the IFe~ Ot eqrity of said MORTGAGEE and the pratlice of such ~ CouA. 8. To duty, p?omplly and futty perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations„ sgrcementi, conditions and covenanrs in sa~d promissory nore and this mor~gage set fwrh. 9. T6at in the eveM the ownership of the mortgsged premises, or any part the~eof, becomes vested in a person otlxr than the MOltTGAGOR, ths MORTGAGEE, its succeswrs and assigns, may, witiiout norice to tMe MORTGAOR, deat with sucA successor or tucce:sor in i~teresi with refe?erue to this mortgags ~nd ~he debt hereby secured in the same manner as with Mortgagw w~thout in any way vitiating a d~scharging the Mortqagors' liability herr under or upon the debt hereby secured. No ssle of the premises hereby mo.tgaged and no foibeara~ce on the part of the MORTGAGEE « its successws ~ or assigns and no extensio~ of rhr fime fw the payment o! tFx debt hrreby secured given by the MORTGAGEE or its a~rcceuws w augns, ,hall operate ro release, dixharge, modify cha~ge or affect the original liab~l~ty of the MORTGAGOR herei~, either in whole or in psrt. ~ 10. tt is specif~cally agrecd that time is of the esxnce of this contract and that no waiver of any obligation herevnder o~ of the obligation se- ~ cured 1?eroby sMl~ at any time rhereafter be held to be a waiver of the terms heaeof o~ of the instrument secured herby. 11. !n add~tion ?o the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay to mortgagee with each monthiy paymeN an addnional sum eu]mated by mortgagee to be equal to 1/1Z of the annual cost of the follow- in~: ~ A-AI! real p~operty faxes levied or assessed agai~st the above descri5ed real esrafe. 6-Prem~ums on fire and windstorm inturance as herein ?equ:red to be tarried on the improveme~ts situate on the above described premises. C-Premiums on such mwtgage guaranty insurar,ce as mortgagee shall from time to ti~ne deem fit fo carry on the loa~ aecured t~ereby. f Mortgagee shail from time to time rwtify mwtgagor in writing of the amount due and payabte txrevncier and such sum shall thereupon be due and i Fayable on the d~e da~e of the next montAty payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a thange in such amount. Such sums shalf be appiied by mortgagee toward the payment of real propeny taxes, insurante prem:ums, and rtwrtgage 9uaranty insurance p~emiums. ~ IN WITNESS YlHERE , the said MORTGAGOR has hereunto ut h~s hand and seal the day and year first aforesaid_ , ' Signed Se I J snd a' n the presence of: L~~ " O' ¦'t/I ~ / ' - S a4 ~ ~ - = . i an ~ j - - ~'a~ !$M~) STATE Of P~AIISy1V8A~8 i COUN7Y Of - ~ ~ sera~ ~ lty appea Harry Ward ~ Maqqie Ward his wife, to me well known and known to me to b~ ~ rhe ind~v~duals described in and wFa executed ~Fa foregoing ;rutrvment, and.sc4rawtedged befae me that they executed the same for the purposes ~ f therein e:pressed. And the sai~ MaQQl@ WsI(~ ~ ~~fe of the said HerZy WeYd ~ upon a sepsrafe and privat~ ! examination by me taken separate and apart from Mer said husband, scknowtedged to and before me that shq~sx4CUted saj~1. in~trya~ent freely and volvrr rari{y and without sny computsion, constraiM, apprehensf pt fear of or from he? said husband. , ' • ; WITNE55 my hand and official seat this day of Au9~ t A, D. 19~3 i ~ e ' • - `~•i' % i " f i Notary Pub' -~l (or'tbesfate of ~~t 4rye 6 ~4 i Retum To: ~ E M~~~G'~~~[J`,i:CR; :y ;i~r ~1~~CF - ~ Fint Federal Savings d loan Assotiation Q~~j ~ j..- tjQ, ~~j:i 2~ ' - t Of Fort P~erce. -~J.~1.~M~~~~u.~'~esr ; ± U ..~.:.vn fort Pierce, Florida ~:A ~ k r EiRST~ M~1i.,. ~~N.~~L~'~i?~,~'''~_ - ~ . ~~/1~~1~~I~ . • . 3 7 Richard H e ~~J ~ This Instrument Prepared By '~P First Federal Savings ~ Loan Association f lE~ A110 IiEC R r ~ of Fort Pierce , Rlorida 5~' R~p ER P01TR~At~~~ 1~ ~V~~~ ~ CLERR ClRCUIt COtIAT ~ ' Checked By aFCOR~ vf.RIfIED~ . 2~'7 PAGE1538 Auc I~I 9 4i AM'~3 sb ~oo~ ? . ; ~ ~Y~~ a ~ - - _ - - - _ ~ ~ ~ ~ . ~n.