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Home My WebLink About1627 To place and continuously keep on the tw~:dings now a hereafter s:tuate on sa~d land ~nd on atl equ~pmem ~nd pe.sa~slty covered by thfi marg~ ag~, with ~I) premivms Ihereon pa~d in full, fire insursnce in Ihe usual stand~rd po~ity.lwm, i~ ~ fum apptoved by the AhORfGAGEE, and windstam insu~~nce in tM usual sta~dard pot~cy fam, in • aum approved by ~ht MORTGAGEE, ~n wch ton+pany or comP+n~es as tM MORiGAGEE maY d~recl; u+d all fir~ and w~ndstorm iruurance polK~es on ~~y of said build~r+ps. ~ny intere~t 1Fx~ein w pa~t fhereot, in the ~ggrc9a~e tum ~fo~eaid u In ~xceu ~hereol, shall contain tM usual standard ma~gagee cl~us~ w such o~he~ claus~ ~i tM Mo~~g+9e~ m~y rcqu~r~, makir~y ihe Ioss unde~ aa~d poli~ cies, each ~nd •very, payab~e to sa~d MORTGAGEE as iri intereN may ~ppsa?. ~nd each and avery t~ch policy shall be promptly ass yncd and delivered ~o sny held by uid MORTGAGEE as further secu~ity ~o said rtw+tysge debt, and, no~ leu ~Mn ten i10) days in advance of the expirstio~ of e~ch pol~cy, to d~- liv~r fo taid MORiGAGEE a ~a~ewal thercof, tope?her wilh a rec~~pt tor the p~amiwn of such renewal; and thert fha~~ be ~w i~re or windsto~~n iniurance plated oe~ a~y of said buiMings, +ny interest tF?ere~n w p+rt tMreof, u~l~sa in ~h~ fam and with tFw loss payabte +s afaesaid; and in ~he event any sum of money becomes payabls under such policy a po~K~es ss~d MORTG~?GEE shall haw ths option ~o ~eceive and apply tha same o~ accoum o( the indrbted- ness setured hereby ot fo permit said MORTGAGORS to rKeive snd use it w any part thereuf fw oihcr puiEwsef, v.~ihcr~t th_rco~ waiving or un,ou• ing any equ~ty, lie~ w r7ght under or by virtw of Ihis mor:gage: and in tM event iaEd MORTGAGORS shall iw any reason isil to keep ~he said premisei w insv~ed, a fail to deliver promptly any ot said po~K~es oF insursnce 1o said MORTGAGEE, w fait promptly 1o pay fully +ny prem~um therefu or in a~y respect fail b perform, discharge, execute, effect, tomplete, canply with snd abide by thii tovenant, w a~y p+rt hereol, said MORTGAGEE may plate ~nd pay fw such insu.ance w any part thereof wi~hout w~ivinp or alfectinp any option, li~n, equity. or righf under o. by vulue ol th~s Mortgape. •nd fhe ~ tull amount of each and ev~ry such payment ~Iwll be imrnedistely due +nd payable •nd shall bear interest from tFa da~e thereof until pa~d at tM rate a~ ~ nine per centum per annum and to~sther with such inrereal shali be secured by the lien of this mortgage. ~ ~ 1. To pvmit, commit or sufler no waste, impairment ot deterioration of said property o~ any parl thereof. f 5. To pay +II snd singulsr ti+e coats, charges ~nd eapenses, includirg a reasonable ittuncy's fee costs of abstracts of ti~le, inc~~red w paid at f any time by said MORTGAGfE, because w in the event of the failure on 1he part ot the taid MORTGAGOR to dufy, promptly and fully pe~form, dixharge. execute, effecL complete, comply with and ab:de by each and every the stipularions, +grecrnents, conditions, and mwnanb o1 said promissory note snd this mwtgspe any w e~the~, and sa~d casts, charges snd eapenxs, eath and evmy, sMll be irmiediately dw and payabte; whether w not thcre be rwt~ce do- mand, attempt to collett o~ suit pending; and the full amount of each and e~ery suth payment tha~l bear interest from the dattr thtreof u~til paid a1 the rare of nine per centum per sn,iurn; and aU said costs, chargea and expenses incurred a paid, together w~th such inferest, shall be secured by the lien of this mwtga~t. 6. Th+t (s) in the event of any bresch of this 1Nortgag~ a defaul~ on the part of ~he MORTGAGOR, w(b) in the eveM any of sa~d svms of mooey herein ref~rred to be not promp+ly and fully paid wi~hin thnty (30) days nex~ ai~e? the same xrerally become due and payabte, withovf demm+d w ~w~~ce, - or (c) in the event each and every the stipula~ions, +greements, cond~eions ~and covenanti o( u~d promissory note and this mor?gsge any a eithe~ aro no1 iuly, promptly and fully performed, d~xharged. executed. effected, completed. complied with and abided `ay. ther? in elthe~ w any such eveM the sa~d a~ g~egate wm mentio~ed in said promissory note t1+e~ rema~ning unpaid, with inte~est accrued, and a11 moneys aecured hereby, shall become due and psy- ; able forthwith, w~hereafter, at the option of said MORTGAGEE, as fully and completely as it all of the sa~d sums of money were aginally stipu~ated ; to be pa~d on such day, anything in sa~d prom~ssory note or in this Mortgage to the co~t?ary notwithstand~ng; and thereupon o~ the~eafte~ at the opt~on of : sa~d MORTGAGEE, wirhout not~ce or demand, suit at law or in equity, tFKreforc w thereaf~e~ begun, may be ~osecu~ed as if all moneys secured hereby nad mawred pnw to ~rs institution. ; 7. That in the event that at tt~e beg~nn~ng of or at any time pending any suit upo~ this Mwtgsge, OI TO fWKIOSC it, a to reform i~, o~ to enforce payment of ~ny daims he~eunder, said MORTGAGEE shall apply ro the Court Aaving jurisdrction thereof for the appo~ntment of a Recerver, such Cour1 shall Forehwith ~ppoint a rec.-iver of said moi(gaged property ali and sirtgular, includ~ng all and singular the income, p?of~ts, issues ar.d revenuea f~om whatevct source derived, each and every of whrch, it be~ng expressly unders~ood, is hereby mor~gsged as if spec~fically set ::.::h and deuribed k? the gran~ing and habendum dauses hereof, end wch Receive? sha11 have all~ the b.oad and effective funct.ona and powas in anyw~se eotrusted by a Court to a Receiver, and ; s~ch sppointment shall be made by such Court as sn admitted equity and a matter of absoiWe right to said MORTGAGEE, and withoul re(erence to the - adequaty or inadequacy of the value of the p~operty mortgaged or to ~he sowency or inwlvency o~ said N!ORTGAGOR or the defendants, and that such rents, pro(in, incane, iuves and revenues shall be applied by such Receiver accord~ng ro the lien w equ~ty of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, diuharge, execute, efFect, comptete, comply with and abide by each and every the stipulations, sgreert~ents, conditions and covenants in sa~d promissory note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged prem~ses, w any pa~t thereof, becomes vested in a person other than the MORiGAGOR, the h'~ORTGAGEE, its successws and assigns, may, wi~hout notice fo the MORTGAOR, deal with such successor or svccessor in interest with reference to this moregage and the debt hereby setured in the s=~ne manner as with lAortgagw without in any way vitiating or diuhargirg the Mortgagois' liability herr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no farbearance on 1F+e part oF the IaORTGAGEE or its successon or assgns and ra extension of the time for the payment of the debt hereby securcd given by the MORTGAGEE or its successors or ass~gns, shall operate to release, dixharpe, modify tha~+qe w affsd the original Iiab~Gty of ihe MORTGAGOR hereie, either in whole a in part. 10. It is specificatly agreed ~haf time is of the essence of this contract and that no waive~ o( any obl~gation hereunder w of tfie obligsYan sr c~red he~eby shalt at any time tbereafter be held to be a waiver of fhe terms hereof o~ of the instrument secured he~by. 11. In add:tio~ to the forego ng monthly paym~nts of princ"pal and inte~est requ~red by the p~orn~s:ory no!e secured hereby, mortgagor covenants ar.d agrees to pay to mortgagee with each monthiy payrnent an add~~ional sum esrimated by mortgagee to be rqval to 1/ 12 of the annual tosr of the follow- ~ ing: A-A~1 real p?operty taxes lev~ed or assessed agai•,u the above described real estate. B-Prem~~ms on fire and windstorm insurar.ce as herein req~:red to be carried on the ~mproveme~ts situate on the above dascribed Fremises. i i C-Premiums on wch mortgage gua+anty ir.sura.~ce as mongagee shail fiom t;me to Gme deem fit to carry oo the loan secured hereby_ j Mortgagee shall '.rom tim~ to time notify mortgagur in writing of the amount due and payable hereunder and such wm shall thereuEwn be due and ~ ;.ayable on the due date of the next month:y payment a~d each successive momh thereafte~ ur.til mortgagee shall notify mortgagor of a change in such ~ ,.,,p~~~ _$~}i_~._~y;l_~_~ppii~d-5y mpr2gagee foward lh~paymtni-Of teal_ p!OyGrty_ taxes,_ insurance p~em:ums, a~xl mwtgage guaranty insurance _ p~emiums. i IN WITNESS ~YHEREOF, the said MORTGAGOR has herevnto set his hand and seal the day and year first afwesaid. ~ ' ned, Sealed and delivered i~ presence of: , ~ aq ; ~ 1 n id e Ck rb aq i ~ . aq ~ Lois H. BlaCkerb ~aq ~ ~ _ STATE OF FLORIDA 1 St . L uc ie r~" couNnr oF ~ ~ Before me personally appeartd Allell David Blaekerby ~ t.OiS H. BLaC~Zb~7 his wife, to me well kr+own and known to me to be the individuals deuribed in and wFw e:ecuted the foregoi~g instrument, and ackrawtedged before me that they e:ecuted tM same for the purposes ~ rherein expressed. And the said j.O1S H. Blackerby ~ wNe of the said Allen David Blackerby ~pcn a sepsrafs and privsre ~ examination by me taken separate and apart from her said husband, sdcnowl and before me that she exetuted said instrument freety and volun- ~ ~ rarily and without any compu?sion, constraint, apprehe s" esr of rom herlsi sband. .+'`~~'`~~'~i,. ~ i ~ WITNESS my hand and official seal this- ay of S te~eZ " r A D. 19 ~~3 ° x Notary Publ~c in and for the State_~pEflQrids ~.`Lsr9e aY My Commiuion expires: - ct : ~ y ~ _ ~ Return To: - G ~ = ~ Fint federal Savings 3 toan Association N01~Y PUBUC• S~ATE o1 ~RI~ v~ J ~ ' 7. , f Of Fort P~erce. My ~IAISSION PIRES 1~~~ ~ ~ Fort Pierce. Florida dp~~ ~ Am¢~Kan B~n~n ~ s"~~ • ~ : ~ ~Ea nNO ~~coReEO ~ ~ This Instrument Pre ared B G~ry R. Ellaood f~.LUCIE C~UNT1f FLA. ; P Y ROCFK r )`iR~S ; ? First Federal Savings 8 Loan Association CIE~K :.~~'.=~~f CQURT ~ 2s3492 ` ~ pf Fort Pierce ~ FloYida RECOR~ vE~'~~'~E~ ~ Checked By ~ ~ 9 4g M1 ~~3 - ~ ~ ~ G R 218 PAGE~62U sb 800K ~ - ~ - - - - - - ~ ~ _ - - ~ ° ; ~ , ~ ~ ~ ~ h~,~.y,<~ _ ~.__a~~