The URL can be used to link to this page

Home My WebLink About1676 To pleca and conttnuousiy keep on the bui:d~ngs now w hereafter s;~uate on said land and on ~II equipmenl and pawnally covered by thi~ mwtq- sQs. with all ptemiums thercon pa~d in tull, fire insurance in ths u~uat atandard policy form, i~ a tum epproved by Ihe MOR(GAGEE, and windstam insuranc~ Frt ehs usval ~tanda~d po!icy tam, in • sum approved by the MORTGAGEE, in iuch co~np~ny o~ companies as ths MORiGAGEE may direcl; a~d ~II (ira and windstorm insurancs policies on any o! uid build~nps, any {ntereat thcrein or, parl the~eof, in tM ~ggre9ate sum ~faesaid w in ~xceu li?ereof, fhalt cw+tain the usual s~andard mwtgagea clause a svcb otha dauss sa the AAwtg~gcs may requhe, makiny the loss ~nde~ sa~d po~i- cies, e~ch ~nd evay, p~yabls to said MORTGAGEE as ~ti interest may ~ppear, and each a~d eve~y such policy shall ix promptly ass.gned ~nd delive~ed ~o +ny held by said MORTGAGEE at furthe~ security to said mwtgage debt, and, no? less ihan ten (10) deys in advance of ths expi~atio» of each policy, to da IivN to seid MORTGAGfE a renewal thtreof, loge~her with a receipt fa tl~e premi~m of sutA re~ewal; and lhere thall be ~o fire a windsror~n i~surance Plac~d o~ ~ny of iaid bui?dings, ~ny interest therein w part thereof, unleu in tFk fo~m and wi~h th~ lou payabk as afwewid; and in 1he event any cum oi money becumes payab~e ~nder such policy or pol;c~ee sa;d MORiGAGfE shaU Mw ths op~ion to receive and appty the same on eccounl of the i~debted neu secured he~eby w ro permit said MORTGAGORS to receive and uu it p any part thereof fw o~her purposes. ~vithout ihs~cb~ wai~in~ o~ ~mpair. inp any equity, lien w rght undcv or by virtve of thii morspage; a~d in ~he event iaid MORiGAGORS shaN for any reason fail to kecp ~he sa~d premisas so insured, pr (ail fo deliver promptly any of said policies of insurance to said MORiGAGEE, w fail pomptly to pay fully any premium therefor w in a~y resped fail to peri«m, discharge, exec~te, e(fect, complete, compty with end abide by this covenanl, u any parl hereof, said MORTGAGfE may place a~+d pay for such intvrance or ~ny pa~t the.eof w»hou! wsiving w affectin9 any oplion, lien, equity, oe right undcr or by virtw of this Mortgaye, and the full amount of each and every such paymrnt ihall be immediately.~ue and pay~ble and ~hall bear interest from ~he date ~hereof un~il paid at the ra~s oi nine per ce~tum per annum and to~eiher wirh such intera:t shall be secu~ed by tf~e !an ol thii mptyage. 1. lo permif, tommit or suFier ao wasts, impairrtxnf p defer'aration of aaid property w any paA thereof. 5. To pay al! and singulsr the costs, charges and expenus, including a reaspnsble attorney's fee and costs of abstracts of title, incurred w paid a~ any Iime by sa~d MORTGAGfE, becauu or in the event of the failure on the pan of ~he said MORTGAGOR to duly, promptly and fully perfam, diuha~qe. execute, effect, complete, compty with and abtde by each and every the stipula!eons, sgreaments, cond;tions, and covenants of ~aid promissory note and ~h~s mortgage any or either. and u~d costs. cMrges and expenses, each and eve~y, shall be immediately due and payable: whe~he? w not there bs notice d~ mand, atttmpt fo collect w suit pending; and the full amount of each and ~ry such payment shall bear interest from the date thereof unti! psid al_ tlx rate oi nine per tentum per amw:n; an~ all iaid costs, charges and expenses incurred or paid, together w~th s~ch interest, shall be secured by the lieo of thit mortps9e. 6. Thsl (a) in the evcnt of any breach of this Mortgage or de(ault on the part of the MORTGAGOR, or (b) in the evenf any of aaid turr~s of moner herein refened to be rrot prompfly and fully paid wirhin thirty {3p) days next afte~ the same seve~alty become due and payable, withoul demand or notice, or (c) in the even~ each and eve~y the st~putat~ons, agreements, conditwns and covenants of sa~d p.omiswry note and th~s mortgsge a~y o~ either are not luty, promptly and fulty pertwmed, d:uharged, execured, etiected, complered, compl;rd w;rh and abided by, then in ei~lxr w any tuch event the said ag gregate wm mentioned ~n said promissory note then remaining unpaid, wi~h interei~ accrued, and all moneys ucured hereby, shall become due and pay- able fathwith, or thereafte., at the option of uid MORTGAGEE, as fully and comptetely as ii all o~ tAe said sums of money vve~e er;g;nelly st;pulsied ro be paid on svch day, anything in u:d promissory note o~ in this Matgage to the contrary r?otwithstanding; and therevpon or thereafter a~ the optior? of said MORTGAGEE, without notice w demand, suit at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneyi setured hereby had matuted pnw to its institution. 7. That in tht erent ~hat at fhe beginn;ng oF or at any time pending any suir upon this Mor~gage, or !o fweclose it, w to refwm i~, or to Eni'orce payment of any claims he.eunder, said ~RTGAGEE shall apply to ttM Court having jurisdiction thereof iw the ~ppointment of a Receiver, such Court shsfl Forthwith appoint a receiver of said mortg ged proptrty ail and sirgula~, includ~ng a!1 and singula. the inmme, profits, issues and.revenuea from whatever source derived, eath and every of which, it being ezpress~y understood, is hereby mpr~gaged as if spec~fically sN iwth and described in the granring and habendum ctauses hereof, and such Receiver shall have all the broad and effective funU~ons and powe~s in anywise entrusted by a Court to a Receiver, and such appoinfinene shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and witFw~t referenc~ to tha adequacy or inadeq~acy of tfie valve of•the property mortpaged o? to the solvency or insotvency of said MORTGAGOR w ~he defenda~ts, and that such rents, profits, incane, issurs and revenues shall bt applied by such Receirer accadeng to thr fien w equity of said MORiGAGEE and the practice of such CouR. 8. To duly, promptly and fully perform, d~uharge, ezecute, effctit, complete, comply with and abide by each and every the stipulations, agr~eme~ts, conditans and covenants in :aid promissory nose and this mwtgage xt fwth. 9. That in fhe evenr rhe owner:hip of the mortgaged premises, or any part thereof, becomes vested in a person other 1Ran the MORTGAGpR, the MORTGAGEE, its succeuors and assigns, may, without no~ice to the MORTGAOR, deal with such succeuor a wccessw in imerest with reference to this ~~o.tgage and the debt hereby secured in the same manner as with /llortgagor without in any way vitiating or dischargirg ihe A7ortgagors' liability here- under a upon the debf hereby secured. No sale of the prem~ses he~eby moitgaged and no forbearance on the parl of the MORTGAGEE w its successors or assigns and no extension of the time fw the payment ofi th~ debt hereby secur~d given by the NIORTGAGEE or its successors w auigns, ahall operate to retease, discharye, modify change o~ afFed ihe o~ig"~na! leab+l;iy of fhe MORTGAGOR herein, eithsr i~ whole w in psrt. 10. It is speufically agreed fhat time is of the essence of this contract and that r+o waiver of any obliga~~on hereunder a of the obligaYan so- cured hereby shall at any time thereafter be held to be a warver oi the terms hereoi w of the instrument secured herby. 11. In add;tio~ to the faego:ng monthly paymsnts of p~inc'pal and interest required by the prom~ssory note setured hereby, mortgagor covenants a~d agrees to pay to mo:tgagee vvith each monrhly payrnent an add;r~onal sum est~mated by mortgagee to be equal to 1% 12 of the annual cost of the follow- ing: A-All real property taxes lei~ed w assesszd against the a6ove desc:it+ed rea! estate. B-Prerr.~~ms on fire and windstorm insurance as herein requ;red to 6e carried on the improveme~ts situafe on the above described premises. C-Premiums on such mortgage guaranty insurar.ce es mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shaSl from time to t~me nori!y martgagor in writ~~g of the am.ount due and payable hereundrr and such. wm shall thereupon be due and Fayable on the due date oi the next month!y paymer.t and eoch successive month thereafter unti~ mwtgagee shait notify rtwrtgagor of a change in svch arnou~t. Such sums shail be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insu~ance p~emiums. IN WITPJESS 'AJHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and year first aforesaid. Signed, Seated and delivered in the presence of: l~2~ an ~ al h H. Hasner ~ah ~ ~ ~a'~ ~ L Jackie I.. Hanne r es~an sraTF oF Georg ' f ~ s ~ couNrY oF _ ~ _ ( !.!/J 1~...~ Before me persooalty appeared - Rdlptl H. Hataner a~ Jackie Z. ~a11@Y his wife, to me well known and known to me to be rhe individuals described in and who e:ecuted the foregoiny instrumem, and acknowledged before me that they executed the same for the purposes therein expressed. And the uid Jaekie L• ~1~1eI wife of the aaid Ral~h H. ss @I upon a separate and private examinat~on by me taken separate and apart from her said hvsband, acknowkdged to and e me fbat s executed said instrument freely ~nd volun- rariiy and wbthour any compulsion, constraint, appre ~o? fear of or from her said s ~ WITNE55 my hand and official seal thi _ day of q, p. ~q 73 . 0 pNp AECOR~~ ary Public in ard for the State of af large Retum To: f~ ` C~~ COU~ As~~~ E ~Coinmiuion axpires; Georgia First Federal $avings 3 loan Aasociat~on 5 ROG~~' ~~~~R RT ~ lYNN C. WALDRON ot Fo,f P:erce. C~,ER~ ~~'`L~~t C~~ NoWry Public. Ghatham County. Ga. Fort Vierce, Florida Rf.CORO YEP.1f1£G ~C~mK . ~ ~Df=~.1976 a 4 a~ z3 ~~f 15 3 ~ ° - ~ ! l~M~ V : s ~ ; 7 ' Gar F. Bllwood : f:~,,~.~.- : v- This ~nstrument Prepared By Y ~ ~ ~ ~ ' . ~ First Federal Savings 8~ Loan Association : . ` _ : ` ; of Fort Pierce , F lor ida? - ,-ai~.` ~ ~ . _ _ _ _ _ .:;.:f,.~.•iF " Checked By 261446 ,•'2'~,''••...•••-~'• V ~ '~u . , soox217' PAC~166$ sb _ _ _ _ . . t - _ ~ ' _ _ . ~ -