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Home My WebLink About1902 1. To place and continuously keep on the bu~!d~ngs now or hereaf~e? s~tuate on sa~d ~and and on all equipment and persanal!y cove~ed by this matg- sgs, with all premivmf thercon pa~d ~n futl, firn insuranc• ~n the uwai s~d~dard porcy form, i~ a ium approved by the MORiGAGEE, a~d winds~orm insura~c~ in tM us~al standard pot~cy form, in a sum approved by the MORTGAGEE, in ivth company o~ canp+~~e~ ~s ~he MORTGAGEE msy dirad; ~nd aU fire ~nd w~ndirorm insuronce po~~ciei on any o( said build~n8s, +ny inlerost therein or put thereof, i~ the aggreyart sum afaesa~3 w in excess the~eof, s~all contain ~he us~~al s~andard morigagee clavse or such othe~ clauss as IM Mortgagee may requ~r~, maMin~ the loss under sa~d po~i- cie~, each and every, payable to said MORTGAGEE as i~s in~e~esl may appear, and each and every tuch pot~cy shall be p~omp~1Y +~s gned a~d delive~ed ~o sny held by said MORTGAGEE as iurthe~ security to uid mortgage debt, and, not less than ten (10) days in advance of the exp~~ation of each poficy, ~o dr liver to taid MORIGAGEE a renewal thereof, toge~h~r with e reteipt fw the prumium of iuch renewal; and there sha~l be ra frte o~ windata~r inwronce placed on ~ny of faid building~, ~ny inleiest the~e~n w pa?1 lhercoF, unless in the fam snd wilh IM losi payabte ai ataeiaid; and in 1he event any sum of money beconus payable under such pulicy w po~Icies said MORTGAGEE shall have ths option ro rece~ve and apply the same on accoun~ ot the i~debted- oess securetJ hereby a 1o permit said MORTGAGORS to receive and uis it ot any parl thereo! for dther purposns, .•.+~ho~t thrr.o~ waiv~ng ~r v~~pa~r- ing any equ7ry, lien or rgh~ under or by virtue of this mortgege; •nd ~n the event ia~d MORTGAGORS shall for any reason fail to keep the said prem~srs so insured, a fail to delive~ promptly any of said poticies oi insurante Io ssid MORTGAGEE, or fail promptly to pay fully any pre~n~um therefw or in a~y re~pect fail ro per(orm, d~scharge, execute, ef}ed, complete, comply wirh and abide by thi~ covenant, a any par~ hereof, uid MORiGAGEE may ptace and pay fw such insurance or a~y parl thereof without waivirg w affeding any option, lien, equity, or right undc~ o~ by virtue oi this Matgage, and thc _ _ .ti.u w:.....,~.~:.~.1,. ....1 .,.~ahl~ and ~MII bear intereal from tF?e daN the~eot umil paid at the rate of _ - - - ni~lC p!1 Cl~1TUT pe~ annum and to~ether with suth iroerest shall lx secured by the lien of thii mortgage. lo perm{?, commlt q suffer no waste, impairment w d~roriwstion oF a~id propaiy w any parl tFwraof• 5. io pay all end singular the costs, charges snd expenus, including a reasonable attuney i fee and costs of abat~scb of title, incurred or ps~d at e~y time by aaid MpRTGAGEE, because or in 1he event of the iailure o~ the part of ~he said MORTGAGOR to duty, promptly a~d fully per(orm, diuharge. execute, ef(ect, complrte, comply with and ab~de by each and every the sNpulat~o~s, agrcements, conditions, and covenants oi sa~d prom~ssory note and ~his mortgage any w either, and said costs, charges and expenses, each end every, thall be immediatoty due and payabte; whe~he~ o? not there be no~~ce dc mand, attcmpl to collecl u suit pending; a~d the full amount of each and every such psyment shall bear interest from the da~e Ihe~eo+ ~m~~ W~d at th~ ~are of n~ne per cenrum per en~iu:n; and all said costs, cha~gea and expenses incurred w paid, together with such interesl, shall be secured by the lien of this mortysge. 6. That (a) in tMe evenf of any breach of this Mwtgage or default on the part of the MORTGAGOR, or (b) in the evsnt any of satd sums of money herein referred to be not p?omplly and fully paid within tfiirty {30) dsya next after the same seve~atly becane due snd payable, without demand or ewtice, . or (c) in the event each and eve~y the stipulations, agreements, co~dit~ons and covenants of sa:d prom~swry ~ote and th~a mortgaye any w either are ~ot ~uly, promptly and fully performed, d:stharged, executed, effected, completed, complied w~th and ab~ded yy, then in either p any such event the said ag gregate sum mentioned in said promissay note then remai~ing unpald, with intere~t accrued, arx! all moneys xcured hercby, shall betome due snd pay- eble forthwith, a thcreaEter, at the oprlon of sa~d MORTGAGEE, as fuily and completely as ii all oi the said sums of mo~ey were or~9inaily st~pvla~ed to be paid on such day, anyth~ng in sa~d promisso?y note w in this Matgage to the contrary notwiths~anding; and thereupon oi therca(ter at the optfon of said MORTGAGEE, without notice w demand, suit at law or in equity, therefore or thereaiter begun, may be prosecuted as if all moneys secured hereby had matured pnor to its institution. 7, That in the event that at the beginning of or at any time peruling any su~t upon this Mortgage, or to foreciose it, w to reiorm ii, or 10 erll6ii! payment ot any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof iw the appointment of ~ Receiver, such Court shall ferthwith appoi~t a receiver of said mwtgaged propeAy all and si~uiar, includ~ng all and singular the income, prof~ts, issues and reve.~ues from whatever sourct der'rved, each and every of which, it be~rg expreasly understood, ia hereby mortgaged as if speu(ically xt forth and deuribed in the gronting and habendurr~ clauses hereof, and such Receiver shall hsve all the broad and effective furxt~ons and poweri in anywise entr~sted by a Courf to a Receiver, and such appointment shall be made by such Covrt as an admitted equity and a matter of absolute right to said MORTGAGEE, ~nd without reference to the adequaq w inadequacy of the value of the property mortgaged or to the soivency or insofvency of said MORTGAGOR or the defendams, and ~hat such rents, profits, income, iss~es and reven~es shall be applied by such Receiver according ~o ~he lien or equity of said MORTGAGEE ~nd the practica of wch GouA. 8. To duly, promptly and fu:ly perfo.m, discharge, execute, effect, complete, comply w~~h and abide by ~ach and every the stipufations, agrcements, conditions and covenanls in sa~d promissuy note and this mortgage set forth. 9. That in the event the owner~ip of thc mortgaged premises, o? any parl thereof, becomes vested in a person other tha~ the MORTGAGOR, the h1~RTGAGEE, its wcceuors and augns, may, wi~hout noiice to the MORTGAOR, deal with such successw w successor in interest wi+h refere~ce to th~s mortgage and the debt hereby secored in the same manner as with Mortgagor without in any way vitiating or diuharging the Mortgagors' liability herr uncle? or upon the debt hereby secured. No sale of the prem~sea hereby mortgaged and no fwbearance on Ihe parl of the ?AORiGAGEE w its successors or assig~s and no exrcnsion of the time for the payment of the debt hereby secured given by fhe MORTGAGEE or iri successors or ass~gns, shalt operate ro release, d~uhargt, modify change or affec~ tFie o+igi~a{ liability of the N10RTGAGOR herein, either in whole q in pa~t. 10. It is specifically agreed that time is of the essence of this contract and Ihat no waive~ of any ob~fgation hereunder w of the obligat'wn sr cured F.ereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secu~ed herby. 11. (n add~tio~ !o the (orego:ru~ monthty paymsnts of princ'pal and interest required by the promissory note secvred hereby, mortgagor covenants and agrees to pay to mortgagee with each monthty payment an add~iional sum est~mated by mortgagee to be equal to 1 j 12 of tfie annual cost of the fotlow- n~. ' i A-AU real prope~ty taxes levied or assessed aga~ost the above described real estate. C 8-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the improveme:?ts situate on the above described premises. ~ C-Premiums on such mortgage guaranty ins~rar,ce as mortgagee shatt from t~me to time deem fit to carry on the loan secured hereby_ i ~ Mortgagee shall from time to time notify mortgago~ in writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and B , ayable on the due dete of the next monthty payment and each successive month the~eaher ur.ti) mortgagee shall notify mortgagor of a change in such ~ a~,cunt. Such sums sF.a;l be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~~d mortgage guaranty insurance ~ premiums. IN V11TNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day r first aforesaid. ned, Seated and elivered i e presence of: . - Sean Bleanor Mathis, a single a~~ ~ _ =...L+~ t~.sq ~ _ L ~Seaq S7ATE OF FLORIDA 55. COUNTY Of SL . Luc ie 1 Eleanor Mathis a sinalp adult ~r+a s Be(we meperwnall~a~~eared_~~.___~__~T_..__~_~_ ~ - - - - - Ms~wite~to me well knawn and known to me to be the individuet desvibed in and who executed the foregoing instrument, end acknowledged before me thatyhe executed the same for the purpoxs rherein expresxd. /tr~d~heiaid - ~~e"of'the"ssid_____..~~____~~_~_~__~~__~~~_-____~_~____~_~~-~__~~~__~~~~~~epvn'iepsref~eand-Pr"^ralt t ~SrfUrtatloerb?~nr~tekrrr separat~ and ~pan~evm~i~er seidi~esbar+d,-scknev~ledged-to and-4ieioee-rne-tks? she z~s.tu~edssi~ irateomen* freelr-an~ *o~hr+~ ~ reriiT anel-v?:ifiaur areytanpuAiorr, eorn+reinr, a ~fear id f~osb+nd:- ~ WITNESS my hand and official seal thi day of R' .,a,pi ,(~9, 73 :il fi ;s t Notary Pub~~c in and for the State of.f{~a~,rl' ?~.~~G ~i~ ~ My Comm~u'an expires: ~i ~ ~ ,b~y, ~ = _ . Return To: . : ~ ~ ~ First federal Savings a loan Associarion ~ Q U~ r= a~ N~TARY PUBUC, STATE o1 FLORIDkai~~~~ ` e = Oi fort P~erce. . . ` v • ~ •.;r i:J:l:.:1~5•~-;i. EXP~EiS lAN=7V~~~ y ~ ~ = forl Pierce, Florida ~ t,,,:~~~~ oy r.;~tncan Bankers Insu'~qR ~ ` ~ ' . - ~-~'1 Q •••'t~° ' ~ 1 SrATE. Gary R. Bllwood ~ This Instrument Prepared By t First Federal Savings & Loan Association " of Fort Pierce r Florida K PEC~RDEO FILED A~ r L ST ~u,,,~ C~UNiY fl~ ~ ~ Checked By ROG^f; ~''~'.7R{?S 263s'76 CI~F .CU?~ COURT pEr,pc,C vER'•~',E~J sb ~ SEP ta 1114 ~H'~3 o ~Ry Qp~/~r ~y BV{/11 ~~~J ~MUI ~{~1 ~ 6~ - ~ - - I~ ~ ~ i~ R ~~_F^~L9'~" SrS.,~.' . _ .~~t` ~ ~c..s~