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Home My WebLink About2473 ~ J. io place •nd coni~nuovsly 4eep on the bu~!d~ngs now or hereatter i~tuate on said la~d and on sli equipmant and perso~ally co~ered by this matg~ ~9~, with all prem~ums 1he~eon pa~d in lull, (~re insv~ance in the usual s~andard pol~cy +orm, in a tum approved by the MORSGAGEE, and windsrwm insur~~c~ in ths usuel standard pot~cy form, i~ a sum approved by ~he MORTGAGEE, in iuth tompany or comp~nies as Ihe MORTGAGEE m~y dirtclt •nd ?II iire and windsto~m in~vrance po6cies on any of iaid buitd~npi, any intere~~ therein or parl thereof, in Ihe aggreg~~e wm alor~taid w In exteu Ihereof, shall contain Ihs usual uandard ma~gagee tlause w such a~her daus~ u the Mo+igagee may requ~rs, makirc9 the loi~ unda s+~d poli~ c~es, exh and evc.y, payable to s~~d MORTGAGEE ~s ~r~ interett may appear, ~nd esch and every such pol~cy shatl be promp~ly au gncd and dNivered +o ~ny held by ~sid MORTGAGEE as (urther security ~o said mortgage deb~, and, not les~ than ten (t0) days in advance oF the expiration o1 eacb polity, to dt- tiwr to aid MORiGAGEE a renewat thereof, togNher with a receipl fw the premium o( tuch renewal;,and there shall be no f~re or windstor~n infurance pl~ced on ~ny of sa~d buildings, a~y in~eresl lherein or parl thereof, untess in the iorm and with ths loas payable as a(oresaid; ~~d in Ihe evenf eny tum of nw~ey becomes payable unde~ iuch policy w pot~cies said MORiGAGEf shall have ths opt~on to ~eceive and apply the same on accoun~ o( the indebted~ neu seturQd horeby w to permil said MORTGAGORS to receive and use it w any parl thereo( for othcr purposes, w~~iwu1 ~h:•eu~ waivi~~9 or unp~:ir- ing any eq~~ty, lien or righl u~der or by vi~~us ol thii morsgage; snd in the event :a~d MORTGAGORS shatl (w any reason fail to keep the said premisrs so insured, or fail ro delive~ p~vmptly any of said pol~ciea of insurancs to sa~d MORiGAGEE, o~ fa~l pramptly to pay fully any prem~um therefa w in a~y resped fail to psrfam, discharge, execute, eliect, complete, comply with and ab~de by thi~ covenanl, w any part hereof, sa~d MORTGAGEE may place and pay (w such ir+surancs or eny parf thereof w~thour waivi~g w a((ecting any opuon, lien, equity, or r:ght u~der w by viriue o~ this Mortga9e, and the 1u11 amou~t ol cach and every tuch aaymenl shall be immcdiately due and payable and shall bear interest from the date thereoi un~il paid a~ ~hs ra~e oi nine pe? tantum per annum and to~ether with suth intercat shall tx s~•cured by the tien o! thii mortyage. , 1. To permiL commit or suffer oo waste, impairment w dateria~etion of said p~operty o? any pa~t thereof. 5. To pay all and singutar the cosrs, charges arrd expcnses, i»cluding s reaionsble at~wney's fee and costs of abs~racts of title, incurred w paid st any time by said MORTGAG'.E, because w in the event of the failure on the parl of ~he said MORiGAGOR to duly, p~ompNy a~d tully pe~fprm, d~xharge, execute, e(fec~, complete, comply with and ab~de by eacA and every the stipu~+rcons, agreements, conditions, end eovenants of said p~omi:sory note and this mort9ags any w either, and u~d costs, clarges and expenses, each and every, sMll be immediatety due and payable; whether p not ihere be notice d~ mand, attempl to totiecl or suit pe~d~ng; and the tvll amount of each and e~cry such paymenl shall bear interes? from the datQ thereof unlil paid al the rafe oi nine per centum per annun~; and alt sa+d costs, charges and exyxnses incurred or paid, together w~th such inte~eat, ~hall be seturod by the lien oi ihis mortgage. ~ 6. That (s) in the event of any breach of this Matgsge or default on ths paA of the MORTGAGOR, a(b) in tha event ~ny of said sums of rtaney herein referred to be not promptly end futly paid withirt Ih~~ty (30) dsys next after ~he same severa~ly become due and payable, without demand or notice, or (c) in the evcnl each a~d every the stipulations, agreements, co~difioni and covenants of sa:d promissory note and th~s mortgage a~y o~ either are no1 ~uly, p~ompily and fully performed, d~scharged, executed, efiected, completed, comp~~ed with a~d abided Sy, then in either a any such event the ta~d ag~ , greqste wm ment~oned in said p~anisswy note then remai~ing unpaid, with inrerest accrued, and atl moneys secured txreby, shall become dw snd pay- eble forthwilh, w thereaFter, at the option of said MORTGAGEE, as lully and complete~y as if all of ihe said sums of money we~e aiginally tt;pulated ro be paid on such day, anything in sa!d p~omisswy note w in this Mortgage to the contrary notwithstanding; and thereupon o? thereattev a1 the opuon of said MORTGAGEE, without notice o+ demand, suit at law or in equity, therefore or tAereaftrr begurs, may be prosecuted as if all moncys secured hereby nad matured pnOr to ~ts institution_ 7. That in the eve~t that at the beginnirg of or at any time pending any su~t vpon this Nbrtgage, a to foreclose it, or to refwm it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdittion therrof for the appointment of a Receivet, suth Court shat( Fonhwirh appoint a receiver of said mortgsged prpperty att and singutar, includ~ng atl and singular the irtca.ne, prof~ts, issues and revenu¢s from whatever soune de~ived, each snd every of which, i+ being expresaly understood, is hereby moregaged as it spec~fically set fwth and described in the granting and habendum clauses hereof, and s~ch Receiver shall have all ~he broad and ef(ec!ive furxt~ons and powers in"anyv~ise entrv~ted by ~ Court to a Receive., and s~~ch appointment shall be made by such Court as an admilled equity and a matter of absolute right to, said MORTGAGEE, and without re(erence to the edequacy w inadequacy of 1he yalue of fhe property morfgaged or to the so~vency w insolvency oi said MORiGAGOR a the defendants, and that such rems, profits, income, isv~es and revenues shall be applied by such Receiver accard~r~g to the lie.~ or eqiiity of said 1NORiGAGEE and the practice of such CouA. B_ To duly, prpmptly and fully perform, discharge, execute, effect, complete, comply wilh and abide by each and every the stipulations, agreemenfs, condiYans and covenams in sa~d promisswy note and th~s martgage set forth. 9. Thaf in the event the ow~ership of the mortgaged p~emises, w any part thereof, becomes vesled in a person other than ihe MORTGAGOR, the M.ORTGAGEE, its successas and ass~gns. may, wi~hout nonce to the h10RTGAOR, deal w~th such successw or successw in interest with reference to thia mor~gage and the debt hereby secured in the same manner as with Mo~tgagor w~thout in any way vitiating or d~scharging the Mortgagors' liability hert under w upon the debt hereby secu.ed. tVo sale of the premises hereby mortgaged and no forbearance on the part of the N10RiGAGEE or it~ successws or assgns and no extension ot the time fw the payment of the debt hereby secured given by the MORTGAGEE or its svccessors w assigns, aiwll operate ro retease, d~scharge, modify change or afiect the originai liab~l~ty of the MORTGAGOR herein, titfier in whole a in pa~t. 10. M is specifically agreed rhat lime is of the ~ssence of th~s contract and that no waiver of any obliga~ion hereunder or of the oblgatan se- cured heteby shall at any time thereafter be held to be a waiver of the terms hereof or of tht instrumenl secured herby. 11. In add,tio~ to the forego:ng month!y paym~nts of p~inc pal and interest required by Ihe prom;ssory nore secured hereby, mwtgagor covenants and agrees ro pay to mo:tgagee with each monrhty payr, ent an addir'rona! sum est~mated by mortgagee to be eqval to 1,~ 12 of the annual cost of the follow- ing: A-Ali reat prope~ty taxes levied or assessed agai~st thc above described real estate. B-Premivms on iire and windstorm msurar.ce as herein requ~red to be carried o~ tFie improvements r'tuate on the above described p~emises. C-Premiums on such mortgage guaranry ir.surar.ce as mo~tgagee shall from t~me fo tirne deem fit to tarry on the loan secured hereby. Mortgagee shall from tim~ to time notify mongagor in writing of the amount dve and payable hereundrr and such sum shall the~eupon be due and ~,ayable on the due aate of the next monthly payment and each successive month thereafter until mortgagee shafl notify mortgagor of a change in suth a•nount. S~.ch sums shall be appiied by mortgag~e towa~d the payment of real property taxes, insurante prem:ums, and mwtgage guaranty insurance premiums. IN W11NES5 WHEREOf, the sa~d MORTGAGOR has hereunto xt his hand and sea( the day and year first a{wesaid. Sgned, Sealed and detivered in the preunce of: ~ ~ ~ _ / K-t ~r~~L.,~ (5ea4 witr?ess . q ,„i T dore S. Hal l a~~ . W 1 L ri@ 5 S I lL~ _ ?-h-f _,c~i~L: an i J_ sephin B. Hall ,~a~ ~ - ~ SiATE Of NEW YORK ' La.~o!!L ~ ~ ; cauNrY oF •S ~ Before me personally appeared TheOl~OI@ Hall s~ Josephine B. HAll h~s wife, to mc v+~ell knawn and known to me to be ~ the individuals described in and who executed the forcyoing instrument, and ac{crwwtedged before me that they executed the same for the purposes = therein expressed. And the ssid Jos¢phine B. Hall s w~te of the sa~d Theodore S. ~Hell upon a separate endT iv~t~ . ~ exam~natron by me taicen separate and apart /rom her said husband, ackrawledged ~o and befwe me fhat s}~e executed said instrumeM treel~ • ; rariiy and without any compulsion, constraint, apprehensi~~ry.!.~~se~e~t of or from her said husband. ; - ~ WITNE55 my hand and official seal this ~o~ day of /~UC~U ~3 • ^ _ ~ ~ . ' ~ ~ 1% s ~ a ' tary Pu c in and for the State of `w Return To: My Commiueon e:pires: ~ ~ ~ ' " ~~/~I - a First Federal $avings 3 Loan Association ~ ~ : ~ ~ : b ~ ~ ~ Of Fort P;erte. ~ ~,^i ~'T,'~~' t. ' ~ ~ . ~ fort P~erce, florida hU?A?Y .~~IC. St;,e of MeW Yerlr ~ y• C/ ; s2 s~.cerco J' . t . - ~ ~ .~_e in surrctk Courty h/~ ~g'••~~•••'~r~ . k , ~ ^.a~.un f~~ires Marcb 30, i9}/T `~H S~ ~ ~ This Instrument Prepared By J. Hal Robezts~ Jr. , F~p~~; gf~q~p~,~ a First Federal Savings 8 loan Associatio~ ST.UICiE GOtSNTf ftL ~ of Fort Pierce Flotida i1bCti~ P~~iTR~Z ~ ~ ~t~~~ ;~~~T zoU~t 2s19 1 ' Checked By ~ RfCBRD vE+~oFItQ ~ ~ BOOK~1 / PAGE~~s ~i 1~ 8 42 ~M ~7~ ~ 4 ~ . ~ ~ ~ ; . - - - - ~ _ _ . _ . _ n~: ~