The URL can be used to link to this page

Home My WebLink About2471 io piac~ and co~tinuo~sly keep on the bu~:d+nga now or hereafter ~itvate o~ said land ~~d on sll equ~pment s:•d ptrsonelly tovered by this ma~g- +9s, with sl) premiums thereon pa~d in lutl, t~re ins~rsnce in 1he ueuel standard policy tam, in a sum app~o~ed by the MORiGAGEf, and w~~dstorm ~~wrance in Ihe usu~l s~anda.d pot~cy fwm, in a sum approved by rhe MORiGAGfE, in such company w companies as th~ MORTGAGEE may direct; ~nd all fire and w~ndttorm insuronce poliues on ~ny o( said build~ngs. +ny inte~est the~ein or part Ihcreof, in tM a99repste tum afpssaid w In eatess thereof~ shall con~ain ~he usual sta~da~d ma~gage~ tlause w such o~F~er clause +i 1M Mwtflagee msy reqv~r~, makinp the loss unde. sa~d po~'r cies, ~xh snd avery, payabte to ~a'ed MOAIGAGEE a~ ~~s interest may ~ppea~, and each and every auch pol~cy shall be promptty a~s.gned and de~ive~ed ~o • any t+eM by sa~d MORTGAGEE further ~ec~rity ~o iaid mortgage debt, and, nof less than ten (10) days in advance of ~he expi~a~ion of eacA po+icy, to de- IivN to said MORTGAGEE a re~ewal thereot, toge~her with a ~ece~p~ fo~ 1he premevm of sucF? renewal; and thera shall be no i~re o~ winclstorm insurance plsced on ~ny of said buildings, iny interesl Iherein w part thereof, ~nless in the iorm ~~d w~th the tou payable a~ afaesaid; ~nd in ~he event a~y sum of moriey bcto~nes payable undc~ such policy w pol~cies said MORTGAGEE shall have the oprion ro receive end apply tlx sanx on acca~nt o( the indebted- - r.ess secured hereby or to permk sa~d MORTGAGORS ro receive and use if a any pa~t thereof ior other purposes, ~Y~iho~t ~h_•~~u~ wai~~~x~ or ~n~pat~- ing any equity, lien or right unde~ or by virtue of this mortgage; and in the eve~1 said MOitTGAGORS shall to~ any reasw~ tail to keep ~he sa:d p~emisrf so insured, a fail to delive~ promptly any of said policies of insu~ancs to said MCRTGAGEE, a fail promptly to pay futty any premi~m therefor or in any respect fail to pe.tam, discMrge, execute, effect, complete, comply with and abide by thi~ covenant, a any part hrreof, sa~d MORTGAGEE may p~ace a~~d pay fw suth ;taurance or any part thereof withoul waivirg w affetting ~~y option, (i~n, equity, w Ngh? undt. w by virtue of thif Mwtga9e, and ~!~e fult amovnt of eech and every such payment ahall be immediately due and payable and shall baar inlerest from the date thereo( untif paid at the ~at~ ol n~ne pe~ centum per annum and to~ethe? v~+~h such ime~est shali be secured by the lien of th~i mortgsge. 4. To permit, tommit a suffer no waste, lmpairment a dctcrioration of said property o~ any pait thereof. S. To pay atl and singular the cosu, charees and expenses, including a reasonable atto~ney's iee and costs of abstracts o4 t~tle, incurred o~ pa~d at any time by uid 17~ORTGAGfE, because a in the event of the fai~ure on the part af the said MORTGAGOR to duly, promp~ly and fully perform, d~scharge, e,eecute, effect, complete, comply with and ab~de by each and every the stiputat~ons, agreements, conditions, and covena~ts of said p+omissory note end ~hi~ mortgage any or e~ther, and sa;d cosls, c}a~ges and expenses, each and every, shall be immediatety due and payable; whether ef'not~he~e be notice dr mand, attcmpl to collect w iuit pend~ng; and the full amouM of each and evrry iuch payment shall bea? iNeres~ irom the-date tF~ereof uniil paid at the r~te oi nine per ce~tum per an~~um; and atl said costs, charges and expenses ircuraed a paid, togrther w~th such interes~, ahall be secured by ~he lien of this . mortgage. 6. Tha~ (a) in the evMt of any breach of this Mwtgage w defauft on the part oi the MORTGAGOR, or (b) in the event ~ny of ssid sums of money' herein referred to be not promptly and fully paid within fh~rty (30) dsys next aFter the same severally become due •nd payabfe, wilhout demand or notice, or (c) in the event each and every ~he stipulations, agreemems, cond~fions aod covenanta of sa~d promissory note arxl fh~s mortgage any o~ eitber are not ~uly, prompdy and fully perfwmed, d~xharged, executed, effected, completed, compGed wrth and abided Sy, then in e~ther w any such event ths sa~d ag greyate sum menr~oned in sa+d p~ortiissory note fhen remaining unpaid, with interest accrued, and all money~ setured hereby, shall betome dva and psy- able forthwith, w thcreafter, at the option oE said MORTGAGEE, as fully and completety as il aIl of the said sums of mo~ey were orpinstly st~pulated ~o be paid on such day, anything in sa:d prom~sswy npte or in this Mortgage to the contra~y notwithstanding; and thereupon w the~ea~ter at the op~ion of said MORTGAGEE, witlwut notice or demand, suit at law w in eqvity, thereiwe p thereaf~er begun, may be prosetuted as if all moneys, secured hereby had matured pnot to its instirution_ 7. That in the event that at the beginn~ng of w at any time pending any su~r upon this Mortgage, or to faeclose it, or to re~orm it, or fo enforce payment of any claims he~eunder, said MORTGAGEE shall aFply to the Court having jurisdict~on thereof for the appei e t of a RKe~ver, such Cour1 shall Forthwith appoin~ a ~eceiver of sa~d mortgaged property all and singular, irxlud~ng aIl and singu~ar the income, prof~ts, i ucs and revenves from whatever source derived, each and every of which, it bcing e~presaly understood, is hereby mwtgaged ai if specifically set fat and deWibed in the granting and habendum clauses hereof, and such Receiver ahall have all the broad and effective funct~ons and powers in anywiie entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted eqvity and a matter of absolute aight ro uid MORiGAGEE, aod without rcference to the adequacy or inadequaty of the value of the property mpngaged or to the sotvency or insoivency of said MORiGAGOR p Ihe defendants, a~+d ihat such renrs, profin, incane, is~ues and revenuts shall be applied by such Receiver according to the lien or equity oi said MORTGAGEf a~d the practice of such Court. , 8. ~o duly, promptly and fully perform, diuharge, execute, effect, complete, comply w~~h and abide by each ~and.every the st~rwlations, agrcement~, co~diYans and covenants in uid promisswy note and fh~s mortgage se~ forth. 9. That in the event the ownership of the mortgaged prem~ses, o~ any part thereaf, bccomes vested in a person other thsn the Al10RTGAGOR, the M.ORTGAGEF, its suctesso~s and ass;gns, may, witF~out norice to the MORTGAOR, deal with such successor or successor in interest with reference to this m¢rtgage and the debt hereby secu~ed in ~h! same manner as with Mortgago~ without in any way vitiating w discharging the Mortgagors' (iability hert under o+ upw? the debt hereby sec~r¢d. No sate of the premises hereby mortgaged and no fwbearance on the pan of the MORTGAGEE or its successors or assigns and no extension oF the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successas w auigns, s~'~all operate ro releax, d~uharge, modify charv~e or affect ~he orig~nal liabil~ty of Ihe MORTGAGOR herein, eilher i~ whole or in pa~t. 10. It is spedfically agreed that time is of tfie essence of this contract and that rw waiver of any obligauon bereunder or of the obligation sr c~red hereby shali at any time thereaiter be he:d to be a waiver of the terms hereo( or ot the instrument secured herby. i l. In add;tio~ to the forego ng monthly payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor covenants a~d agrees to pay to mortgagee with each momhfy payrneN an add~~ionaf sum estemared by mortgagee to be equai to f/ 12 of the annual cost of the foUow- ~n9: • A-All real property taxes levied or assessed againsi the above described rea~ estate. B-Premiums o~ fire and windstorm insurance as herein requ:~ed to be carried on the imp~ovements situate on the above described premises. C-Premiums on such morigage guaranty insurar,ce as mortgagee shatl from t:me to tirne deem fit fo carry ort the ban secured hereby. Mortgagee shaii from time to time rtorify mortgagor ;n writ;ng of the amount due and payable he~eundrr and such sum shall thereupon be due and Fayable on the d~e date of ~he next monthty payment and each successive month thereafter ur.til mwtgagee shail nolify mortgagor of a change in such a~~o~nt. $uch sums sFa~l be applied by mortgagee toward the payment oi reat property taaes, insurarxe p~em:ums, a,id morfgage guaranfy insurance ~ n•emium5. IN Y11TPiE55 WHEREOF, the said MORTGAGOR has hereunto set his hard and seal the day and year first afwesaid. ~ ' ned, Sealed and delivered ' the presence of: Sea~ k obert W. k'eathe ford - .C~;, !SeaO ~ Ne lie ~aeatherfor ,~a~~ k i ; STATE OF FLORIDA . ~ St. ? ucie ~ j courm oF ~ P,obert w. weathezford a~ ~ Befwe me personally appeared ~ ~81~ ~ Q :Jeatherford his wiic, to me well known and known to me to be g rhe individvals dtstribed irt and who execuled the fuegoing instrument, and atknow{edged before me that they executed the same for tF~e pv?posea ? therein expressed. And the said -Nellie WeatheYford Robert W w ~ N;te or ~;a . eatherford ,~a ~p~rilbrqnd privatf ~ examinat~on by me taken separate arid apart from her said huiband, acknowledged to snd before me fhat she executed said ~rumenf ~re~l~ ,bbf! volun- ~ rar~ly and w~thout any compotsion, consr~aint, apprehens~on, or fear of w from F?er said husband. ~ 20th y Au ust , • ..D 19' WITNESS my hand and official seal this da of ~ ~ = 7~ ~ ; Notary Public in and i t St~t~ of Florida-at Csrga~ ~ ? ' ~ My Commiuion expires: J ~ ; ~ ; Rerum 70: ' ~ y1 ~1 ~ r3 ~ g First Federsl Savings b loan Association ' y•~ ' ' Of fort P~erce. No~ory ?Ybiy Sto1~ of fio~(dqbt L.e~~1~ ; fort Pierce. Fbrida My Co~nmission E~cpir~s Od. 3 b~~~P'76~' f7 Ilii~t~~ ; bnded by Americo~ ~re b Co+uo1M ~o. z ~ This Instrument Prepared By J. ~oberts, Jr. ST~IUC E COUNTY F~A. ~ f First Federal Savings 8 Loan Association tiOGER ?OITqAS k of Fort Pierce ~ Florida CLERK CIRCUIT COURT ( } RECORA VEFilFtED ~ Checked By ~~M ZZ v~{Z iV ~~3 Y ~ Nll~i M17 . ~ e~~2~7 P~245'~ = zslssa ; ~ ~ . : , - - _ - . . . . , . . _ . i~~\ . s`Ss