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Home My WebLink About0663 3. To place and continuously keep on ~he bu~!wngs now or he~rafter ~it~ats on said ~snd and on ali eqv~pment and pcrsonally covered by thi~ matg- ege, wilh all premiums ~hereon pa~d in futi, tirc inwror.te ~n the usual standard poGty form, in a sum approved bv ~he MORiGAGff, and w~ndsro~m ~~suronce tn fAe usuai srandard pof~cy fo~m, en • s~m approved by the MORTGAGEE, in such company or companies aa the MORIGAGEE may d~rect; +nd all fird and winduo~m insurance polKies o~ any oi sa~d build~ngs, +ny intero~t Iherein o~ pa1 thereof, in the aggrega~e sum a(oresa~d o~ in excea ~hereoi, shall :ontain ~he usval standa~d mor~gagee dause w such orher clause as tAe Mo~rgagee may requ;re, mski~ g the ~ois under sa~d pol~ cies, each and every, payab~e to aa~d MORTGAGEE as ~ts in~ere~t may appear, and e:ch and every such policy sha~t be promptly ass gn~d and delive~ed to sny held by said MORtGAGEE es turther security to said mortgage debt, and, not leas Ihan ten (101 days in adva~xe ot the e:piration of each policy, to dr 7~ver ro sald MORIGAGEE a ronewal ~hmeof, togeiher wnh e rece~pt fw the prem7un~ of suth renewal; and the~e ahall be ~o f~re or windstonn iniuronce P~xed on ~ny of said buildings, any interest therein or perl thereof, unless in the form and with ~he lost payable ai afo~asaid; and in the event any aum of mooey becpm~y payabte under such polity w poficies said MORIGAGEE shall heve ehe opiion 1o rece~ve and spply ~ne same oo accoum oi the indebted- nea secured hereby or to pe~mit said MORTGAGORS fo receive and ui! it a any pa~~ the:eof ior o;i~cr N~rE~osrs, v.nho~t ifi,•~ur w_~vin~ or ~~np;,ir- i~g any squity, lien w r~ght under or by virtve of tt~is moregage; a~d i~ the eveN sa~d MORTGAGOR$ shall fo~ any ~ld60r1 fait to keep the sa7d prem;aes so insured, or (ail fo deliver prpnplly any of said politics of insurante to sa~d MORTGAGEE, or }ail promptly to pay fully sny pre~n~um Iherefor w in any respect fail to pertorm, d~scharge, exe<ure, eifect, con,ple~e, comply wi~h and abide by ~his covenant, w any part hereof, said MGitTGAGEE n,ay ptace a~~o ~ pey tw tuch insurance or any parf thereof without waiving or affecting any option, lien, equity, or right undrr w b/ virtue oi th~s Mwtgage, and the ; full amount of each a~d every such paymero shall be immediately due and payable and shall b~ar interea~ hom ~he date thereof un~il paid a~ ~he rare ol ' n~ne per ce~tum pe~ annum and to3ether with such interes! shall be secured by the lien ot Ihis morfgaga. i 1. To ¢ermil, commif a suffer no waste, impairrtxnf w deterioration oi said properly o? any past thereof. S. To pay all a~d :ingula~ fhe costt, cta~ges and expenses, ~ncluding a rcasonable altorney's fee and co~ta ot abstracts of t~tle, incurred or paid st any time by said MORTGAGfE, because or in the event of the failure on the part of the said lNORTGAGOR to duly, p~omptly and fully perform, d~xharge. rxecute, e~ied, complete, comply w~th and ab;de by ea;h ar.d every the stipufar~ons, agreements, cond'+tions, and covenanrs of said p~omiuory note a~d rh~i moregage any w ei~her, and sa:d costs, charges and expenses, each and every, shall be immed~ately due and payable; whe~her a not there be no~~ce de mand, attempt to to11et1 or svit pending; and the (ull amount of each and every such payment shall bear int~re:t from the date thereof until paid af tht re oi nine pe~ tenwrr~ per an,~u:n; and all sa~d tosts, charges and exprnses incurred or paid, together wah such interest, ~hall be secured by the lien o( thi~ mortga~. 6. Thst (s) in the event of any breach of this Mortgage or default on lhe part o( ~he MORTGAGOR, or {b) in the evenl any of sa:d sums of money herein referred to be nor prornprly a~d fu!!y paid wirh~n tb;rty i3U) days nex~ aiter the same severatly becwne dut and payable, w~thout demand or notice. or (c) in 1he event each and every the stipulaiioni, agreements, conditions and covenants of sa,d promissory note and th~s mortgage any or either are not iu!y, promptly and (utly performed, d~scFarged, executed, eifec~ed, completed, complied with and abided 5y, then in e+ther a any such event Ihe said ag• g:egate sum mentioned in said promityo+y note then remaining unpaid, with interest accrued, and afl moneys secured hereby, shall betome due and pay- able forthwith, or thereafter, a~ the opnon o1 said MORTGAGEE, as fully and compleiely as ii a(1 of the said sums of money were ong~~etty st~p~:ated ro be pa+d o~ such day, anything in sa:d prom;isory note or in this Mortgage to the contra~y notwiths~anding; and thereupon or the~eafter at the opt~on of said MORTGAGEE, without ~ot~te or demand, suit at taw w in equity, therefare or thereafier begun, may be prosecuted as ii all moneys secured hereby n~d matured pnw to ~ts iqstitution. 7. That in the event tFrat at the beginn;ng of pr at any lime pen~ing any suit upon this Mortgage, or to foreclose it, or 1o refw.m it, or to enforce ~ payment of any claims hereunder, said MOkT(',AGEE shall apply ro the Cot~rt having ~unsd:aion thereof fw the appointment of a Receiver, such Covrt shall i for+hwith appoim a~ece~ver of said mortgaged property atI and aingular, ~~Ktvd~ng atl and lingular rhe ir.come, profds, issues and rrve~.ues !rom whetever source derived, each and e~ery of wh~ch, it be;ny express~y unde~stoocQ is hrareby morrgaged as if spec~fically set forth and described in tFx granting and ~ f habendum clauses hereof, end such Receiver shail have all the broad atid ef)ective funcuons and powen in anyw~se emrusted by a Cou~f to a Receiver, and # s_ch appointment shall be made by such Courf as an admitted equity and a matt~r of absolute rig1U to said MORTGAGEE, and without reierence to the adequacy or inadequaty of the value of the property mortgaged or to the so~vency or insoivency of said MpRiGAGOR~or the defendants, and ~hal such { ren~s, profits, income, issues and revenues shalf be applied by such Receiver accordng to the tien or equity oi said MORTGAGfF and the qaUite of such Covrt. ~ ~ 8. To d~ly, promptly and futly perfo~m, discharge, e.cecute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenams in sa~d promissory note and ~h~s mortyage set forth. 9. That in the event the ownership of the mortgaged premises, w any part tne~eof, becomes vested in a pe~son other fhan the MORTGAGOR, the ~ k.JRTGAGEE, its successors and ass~gns, may, w;thou~ notlce to the MORTGAOfj~ deat w~th such successor or successw in interest w~th reference to this ' n,ortgage and the deb~ hereby sec~red in tht same manner as with ~dortgago. w~t~wut in any way vit~ating w d~scharg~ng the Mortgagors' liabiliry here- under or upon the debt hereby secured. No sa:e of the premises he~eby mo~egaged and no iorbearance on the part of the /AORiGAGEE or ita s~ccessors or assigns and no ezte~sion of the ~ime for the payment of the debt he~eby secured given by the MORTGAGEE or its successors or auigna, ai~afl operate ~o re!ease, discherge, mod~fy change or af(ect the ong~nal liab~tify of fhe MORiGAGOR herein, either in whole or in parf. i0. It is specifically agreed fhat time is of thr esser.ce of this contract and that no waiver of any obligat~on hereunder or of the ob(igation se- cured hereby shati at any time thereaf~er'b~ held to be a waiver of the terms hereof or o( the instr~ment secured herby. ~ ~ 11. In add~tion to the foregobg monthly paym=nts of princ pal and interesf required by the prom~ssory no!e securea hereb~r, nwrtgagor covenants a~,d agrces to pey to mo:tgagee wirh each mo~~rhiy p3yr„ent an add~rrona7 sum est~mared by mortgagee to be eq~al to 1 12 of the annual ~ost of the follow- ;ng: ~ A-All real property taxes lev~ed w assessed a~ai+ist the a6ove described real estate.' B-Pr~miums on fire an~ windsterm insurar,ce as here~n requ;red to be carried on the improvements situate on the above described prem+ses. C-Prem~ums on such mortgage gubranty ir.surar:~e as mortgagee shall from t:me ro tune deem fit to catry on the loan setured hereby. ~ t Mortgagee sha!i from time to r~me norify mortgagor in writing of tne amovnt due and peyabie hereundtr and such sum sha:l thereupon be due and ? r ayab:e on tbe due date of ~he ne,et month:y payment and each successive month thereafter ur.til mcrtgagee shall not~fy rrwrtgagor of a change in such ~,a~nt. Such sums shaU be app!ied oy mortqa~ee toward the paymenl of real properry taxes, insurance prem:ums, and mortgagP guaranty insurance p•emiums. IN WITNESS YIHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first atoresaid. G - S~gned, Seated and detivered in the presence of: ~ ~.,Q~~..~ 1... ~eLaar i. Sk zvin ~~a~ T J ~ j - ~ a (Seaq j B 3z th 'N Ski~Vin ts~aq ~ S ~ kTE OF ~(-~~~~~~J ~ S5. CCUNTY Of j Befo~e me personafly appeared Delma?r L. Skirvin a~ Eli2~QtI1 N Skirvin his wife, fo me well known and known fo me ro be , rhe individuals described i~ and who -executed the foregoing instrument, and acknawledged befwe me that they executed the same for the purposes +herein expressed. Md the sa~d Blizabeth N. Skirvfn ++~~e of the said ~Z~Y L• Skirvin upon a separate and private ' ~,aminat~on by me ta4en separa~e and apart from her said husband, atknowledged to and before me that she execuled said enshument freely and votvo- rar~ly and wahout any compulsion, constraint, apprehens~on, o fesr of or from her said husband. ~ WITNESS my hand and offic~al seal th~s_ day of Se tP~Rber a~~~3 , , b : f~ . . Notary Publrc in and fw the Stale of F(q?" Zarge., My Commiuion expir~s: _ ~ `_t ~ • t'n~ : ' Retum Tc: _ `V • ~ ' P . ~ First Federal Savings a ~oan Associat:on NUiliRlf PUCstli;, $~qlE Of (lQi;l "'N' * j ~AY COMMISSION w? at IARG? ' • • ~ ~c: r O( ior~ P~erce. Li;iiDED THRU GENEkAI IFtiRuSuFt;E~UfW tZW~~t: ~~~A~`` - . : ~'r - For! Pierce, Florida i~ r~ ;5 . Li ~ G,n'• ' . c ~ _ ; ^',~;~i;.t~ _ This instrument Prepared By J~ y~ Roberts ~ Jr, ftL~E : Eti,w~y{p First Federal Savings 8~ loan Associafion 37_LUC:£ Gptr~lTrF1A. . of Fort Pierce , Florida RGGE= ~~~,~~5 ~ C! ~3K ~ LDURt ` ~ Checked By ~c~~ ^ . RE~f~R? r.:- ~t ` o~ R Ocr 1 9 si ~N'73 ~g~K ~~.s Pa~ ss~ ~ ~~4scss