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Home My WebLink About1674 To plac~ and conunuouily keep on ~he bv~!d~ngt now w heroaircr ~~twtt on sa~d land and on all cqv~pmem and pKSOnally tovered by 1Ait mor?¢ a~. with ~11 premiums ~hucon pa~d in fuN, firo insu.ance +n the uwaS s~a,dud po~:ty iprn, in a tum approvcd by ths MORTGAGEE, ~nd winclsrwm inux+nc~ in ~M uiwl uandard pol~cy lam, in a sum approved by ?M MORTGAGEE, in such company w cor+tpanies ~s tM MORTGAGEE n?sy di~~ctj and ~II fin and w~ndsro~m insurance poticies on ~ny of said b~~~d~nps, any inre~est the+ein o~ pa.f the~eof, in th~ sg~rcyar~ yuen afpesaid w In ~xcass 11?ereof, sMll contain ths uswl standard mcr~9age~ tlavs~ a wch other dause as tht Ma19a~e~ may requ~r~. makinp th~ lou under w~d polt ctes, each and ewery, payabl~ w uid MORTGAGEE a~ its ineeres~ may appea~, and each and sve.y such po~~cy shaU be promprrr ass.q~rcd and delive.ed ~o •ny he(d by said MORTGAGEE as funher secu~iTy to ia7d mortg~gs dcbt, and, not kss ~1w~ ten (10) daya in advance o1 the e~pir~~ion of e~ch policy, to d~- IivK 1o said MORTGAGEE a ~enewal thereof. tope~Mr with a rece~p~ fw ~he prem:uen of such r~newal; ~nd ~here shall be no f:re a w7ndstorm inwranct plac~d on ~ny of said buildinys, ~ny interesl tMrein a part the~eoF, ~mkss in ths form and wi~h the loss pay~bk u aforesaid; uxl in the eveM any sum of mw~ey becpnes payable v~der such policy or polit~es sa~d MORTGAGEE sF?~fl have tht opt:on w receire and apply th~ sa~ne on ~ccoum of the inde5~ed neu secured hereby w to permit s~id MpRTGAGORS ro reoeiw s~d ust it or any part thereof fo~ o:ner pu~poses, w:rnaut ehe~ebr waiv~~~ or unpa+r- ing u+y equiry, lian or r;ght unde~ w by v;rrw of ~his mor:~sgr, u+d ~n ~he svcnt s~~d MORTGAGORS shail Ew ury reasoo fail to kesp rhe sa~d premisrs so insured, q(ail ro deliver promptty any of iaid pol~ciea of i~uwance to sa~d MORTGAGEE w iai! promptly b pay fully any prcmium ~he~efo~ w in any reipec~ fail to perfwm, discha~ge, execufs, efiect, complere, cort~ply wirh and abKM by this covenani, w any part hrreof, sad MORTGAGEE may p~ace •nd pay fa s~ch insursnce w+ny part Ihereof withovt waivinq w affectin9 aoy option, iiea, eqv;ty, w rght under a by virtue of this Mwr9a~e, aod the f~ll smount of each and e~rery such paymem ahall be immedlately due and pryabie and shau bea. inrcreu from ths dars thcreof unril pa;d it the ra~e of Rira psr centvm per annum and together wi~h such imcrest shall be secund by the 1'Nn of th~s mor~9age- To permit, comrnit w sufta no wute, impa'ument or deterara~ion of said ptoperty or any part thereof. S. To p~y ~II and si ~ ngula~ the costs, charges and expenses, ~nclvdinp a reasonable ananey i fee ud cos~s of absrncta o1 tide, incurred w pa~d at a~y time by sa~d MORiGAGEE, because or in the event d the /~~iwe on the part of the ssid MOttTGAGOR b dv~y, promptly and fuily priwm, d~scFw~ge, executs, effect, compkt~ comply witi+ and ab:de by exh and every the stipulatiooa, ~greements, cond~tiwn, and aovenann oi s~id promissory rwte artd ~hi~ mertgaps ~ny w ei~her, and sa~d costs. charges and eapenses, each ud every, sha11 be imn+edu~ely d,e and psyabb: whe~her o~ r?w rhere be nor~ce de~ ma+~d, attempl ro cdktf or wit pending; and the full amow» of each and ev~ry s~xh payme++t shall bear inrerest from the date thereot until paid ~1 the ra~e of nine pcr centum per aruwm; arw all said cos~s, charges and expenses i~curred a pa~d, fogcther w~th wch intaest, shalt be secured by the lir? of this mortpaps. Q Thst (a) in the event of ~ny breach of this lY{orrgage or delau:t on the part of fhe JNIORTGAGOR, or (b) in ths eveM ~ny of sa~d sums of money ~ heroin refe~red to be not promptly and (ully paid wiihin thaty (30) days neat aftn the same severatly bccome due and payable, wilhput ~erty~ O? ~ofKe, or (c) in the event each and every ~he stipulations, agreemenn, condil~au a~d cove~»nrs of sa:d promissory noee and th:s matgage any or cither are ~of ~uly, promprly and fully performed, d~uharged, executed, eifecred, comp{eted, compl~ed wnh and ab~ded Sy, ~hen in eaher or any such event the said a$ gregate sum mentioned in ssid ~omissory rate then ~emaining w~paid, with interest accrued, and ali moneys secwed hercby. shall become due and pay~ abte torthwith, w tAercafter, at the option of said MORiGAGEE, u fuUy and cornpletety u il alI of ~tu said wms of money vrere o+g~nally stipulated to be paid on suth day, anything in sa~d p~omissory twte or in this Mortgage to the tontrary notw~thstsnding: and theteupon a thcrcafter ai the option of said JMORTGAGEE, without notice or dcmand, wit at law w in equity, therefore w thereaher bcgun, may be p~osecuted u if i11 naneys secured hereby had mawred prror to in institvtan. ~ 7. That in 1hs event that at the beginning of or it any tcne pend~ng ~ny wrt upon this Matgage, or 1o fweclose it, pr tu reform it, or to enforce payment of any claims h~veu~der, said MORTGAGEE shall ~pply ro ~Fx Coun having jw+ad'~cr~on thereof for the appo~etmm~ of a RKliVK, wch Court shall forthwith appoint s receiver of uid rrwrtgaged property alt and singular, includ.ng atl and s:ngutar the incoml, pofin, issues sod reve+~uea from whatever source derived. each ~nd every of whKh, it be;ng expreufy uMierstood. is hcrcby owrtgaged as if spec:ficaNy stt forth and described in the granting and hatxndum dauses hereof. a(ld SUC~1 RKt~Ylf sFWN I~iI! a!! the b~oad and effect;vr fis+c~.oaa u+d~pwreq in anyw:se emrwted by a Cou.t to a Receiver, snd such sppointmem shall be made by such Coun as an admitt~d equ~ry and a~r»tter of absol~ts rigM-b aa:d MpQiGAGEE, ~nd wNhout rcference to the edequacy or inadequacy of the value ~f the prope?ty mor~gaged w to the wvency O! in44~r2fKy of sa~d MORT(`aAGOR or ehe defendann, and thaf such reros, profin, income, issues and renues shall be appl~ed by such Receive. acco~d~ng ro the I~en or equ~ty ot sa~d MORTGAGEE and :he practice of such Court. 8. To duly, p~ompHy and fully perfwm, discharge, e:ecute, etfect, compiete, comFfy w~th ~nd sbide by each and tvery tlx stipulations, agreemenls, co~difions and covenants in sa,d prom;ssory note and th~s mwfgage sef fwth. 9. That in the eveM thc ownership of the mortgaged prem~ses. a any part thereof. becornes vested in s per:on o~her than the 1NORTGAGOR. the MORTGAGEE, its successon and auigns, may, wi~hout notice to the MORiC,AOR, deal wsTh such successo. o~ wccessor ~ntcrest wirh reterence to this matgage and the debt hereby secwed in the same mannes u wish Nb.tgagp without in any way vit;atirg or d:schargirg IF~e Mwtgagors' liability herr under or vpon the debt hcreby secured. No sale of the Fremises hereby mw~ga~ed and rw fwb~wsnce on the pan ot ~he MORTGAGEE o~ in successors or auig~ and no ex~ensiw~ of the time fw rhe p~yme~t o( ~he dehr M.eby secvred g:ven by the MORIGAGFE w its successors a au;gns, ahall operare ro release, d~scharge, modify change or affect the org;rwl liab~l~ty of ihe ApORTGAGOR herea~, either ~ whde a in put. 10. It is spec'rficaNy agreed that time is of the euence of this cauract and that ao w~iver of any obi~gation here~nder or of the oblig~tion se- cured hereby sMll at any time ~hereafter be he:d to be a waire? of tFu terrrss hereo( « of the insrrumenr secured he.by. 11. In add;tion to the forego'ng monthlY paYments of princ pal a~d inter~st requ~red by the prom~sscry note secu~ed her~y, mertgagor covenants and sg:ees to pay to mortgagee with each morohty payr.xm an addrtio~sl sum est~mated by mortgagee to be equaf to 1/12 of the annual cost of the fotlow- ing: A-All real property taxes levied or auessrd aga+~st ti~e above d~sc+i5cd reat estate. B-Premiums on fi~e and windstorm insurance as herein requ:red to be carried on the improveme~h s~twte o~ tF+e above desuibed premises. C-Premiums on such mortgage guaranty ins~rar:ce as mortgagee shsS! from t'me to time deem fit to carry on the ban secu~ed hereby. Mortgagee sha~l from time to time notify mwtgagor in writ~ng of the ar-.ou~t due and payable hereundrr ard such wm shail thereupon be due and Fayable on the due date of ~he next month:y payment and each successive ~,anrh shereafter ur.ti! morfgagee shafl notify mortgagor of s cF?ange in such a^~oum. Such sums sF.ail be applied by matgagee toward the payment of real property taxes, inw.a.~ce prem; , and mortgage guaranty insurance premiums. . IN WITNESS W1IEREOF, the said MORTGAGOR has hercu~to ses his hand and xal the day and ar nt sfwesaid. ' ned, Seakd and deliver in the prexnce of: ~ n ~ tGe 2Y P. St att ~ d~~~ ~z.u f - ' Patricia Starzatt ~,an f , STATE OF fIORIDA 1 ~ S7 . I.IJC IB r ss. ; couN7r oF ' ,wtlfi~ai~~ ~ ' 8efae me personally appeared ~D~11 P. $t~l'att ~t\~~~~~R~~~~/~ r ~ Patzicia Starratt '~f ha wife, to me well known~p~n fqme i the individwls described in and who execyted the forcgoing instrument, and acknow{eck,~ed before me that they e:ecuted ti~ ~'tK for ~he' purp4d",~, ~ therein ezpressed. And the said patrieia StdZrdtt = QT~? ~ ~ ' w~(e of the said ~n~lZ P. Stazratt ~n • u~'yn a• at ~nd ~~}bst~ ~qC 1 ` examinat~on by me taken separate and apan from her ' husband, sdcnow{edcjed ro and belore me that she exacuted said ir~r01 ~n ee~i ~7o~ji~ ' ra.ily and wrthout any compuliiort, constraiM, appre eu of or from her ssid Iwsband. ~ cn ; - a~ ~ ` • ^ f WITNESS my hand and official seal thi k" ~ f A11 USt % ~ ~~a ~ , ~ ~ £ d Notary Public in and for the State of Florida at lsrye ~ Retum To: My e~~~ Firtt federal Savings 6 loan Assxiafion -.q~ __If•. • ri~ K~~ A 3t L'nF.St , - ~ , : : ; ~ ~ 19TI, Of Fort Vierce. i'.' J{~~'e Fort Pier~e, Florida - , ~ ~ fIlEO ~+D kECG~0E0 7his Instrument Prepared By John W. Collins ST.IUC~E~C00N AS~ First Federal Savings & Loan Association ~~Ea~ C~;;,~jt CQURT of Fort Pierce ~ RloZida RECOAC ~lE~•"iED~-~- Checked 8y~9~' ~ ~S $ 34 ~'~3 eo~K217 PdGE16fi6 - S ~ 26144 ~ - =g ; . •~~."~6i~ ..Y Fi :i.y ,..c,~~. . ~ _ _ . . x '"%i..e.