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Home My WebLink About1460 . 3. To ptece and continvousiy keep on the bv~'J,~~<~s ncw or he~eafter t~ruate on said I~nd and on afi equ~pment and penona~~y covered by this mortg- ~g~, wi~h •11 premiums thrreon pad in ivU, fire ira~rance i~~ the usuat tir,,~,d.~~d Poi~cy fo~m, i~ a sum approved by the MGRiGAuEE, ar.d winds~wm intutance in the uswl ?~andard po~.cy (o~m, in a su~n approved by the MORTGAGEE, in fuch tomp~ny or cwnpanies ~s Ihe htORTGAGfE msy direth and alt liro and w~ndawrm insuranca polic~es on any oi sa~d bviid~ngs, any interest therein or part Ihereof, in the sg~~egsre ivm aloresaid w in extess Ihereof, shall cont~in the usual stande~d moitgagee clause o~ such o~her clause ~s ~he Mortgagee mey rcqu~re, making tha los~ under ~a~d polt c7ei, each and every, payable ro said A10RTGAGEE as ~h intereet may appear, a•~d each and eve~y such po~~r/ ~hall be pron,ptty ass gned a~.d delivrred fo eny held by uid MORTGAGEE as tur~hrr sew~ity to said mortgage debt, and, not leas than ten (101 days in advance of the eapirat~on o1 each policy, to ds- tiver ro said MORTGAGEE a r~newal thereof, ~ogether wiih a rece~pt for the prrm~um oi such renewal; and there shall be no f;re or wf~~d~iorm insu~aoce p1Ked pn any oi said buildings, aoy intereft thErom w parl thereof, unleis in ~he (orm and wnh Ihe loss payable at afo~esaid; and in ~he evenl any sum of money betomes payable under s~ch policy or poGcies said MORiGAGEE ahall ha~e the opt~on to +ecr~ve a~zd apply the same on accou~~l oi the indebted~ ness secured hereby or to permit sa~d MORTGAGORS to receiva and u~e it a any par~ tl~ereof lor o:i~..•r FurF.o~es, tiv~~ho.~~ ~h-1t:Jf 'N31vP~~ cr ~~~~p.,~.• ing any equ~ty, lien or righl under a by virtue o1 this mor!gage; ~nd in the evem sa~d MORTGAGORS ihall fw any reason fail to keep the aaid premisrs so inwred, w fail fo deliver pranptly any oF said pofties af insurance to said MORIGAGEE, or fail promptly lo pay (uily any pre~~~~um therrlo~ or in a~y resped faii to p~rfwm, d~scharge, execu~e, eHect, complete, tomply wi~h and abide by ~his covenant, or any part harc-u!, said MIiR?GAGEE may place a~d pay tor such insurance o~ •ny part thereo! wi~hou~ waiving a affeuing any opt~on, lien, equ~~y, er r~gh~ unde~ a by v~~eue of ~h~s Moregaye, and ~he full amount of each and avery such payment shall be imrnediately due and payable •nd ~hall bear internst from the date thereoi until paid at th~ ~a~e ot n~ne per cenlum per annum and to~rthrr with such interest shafi be securrd by the lien of this mortgage. 1. To permif, tOmmit or suf(er no waste, impairment a deterioration of said property ot any parl thereof. 5. To pay all and singular Ihe costs, cha~ges and expenses, including a reasonabte attorney's (ee and costs of ab~tracts of title, incurred o~ pa~d at any time by ~aid MORIGAG:E, because w~n the event of ~he fa~ture on the part of the said MORTGAGOR to duty, pra~~ptly and fv~~y prrform, d~scha~ge. execute, efiect, complere, comply w~~h and ab:de by each •nd every the stipu~et~ons, sg~Qements, tonditions, and covenants of said pron~iswry ~ote and thi~ mwtyage a~y w eitF~v, and ~j=d co~ts, charge~ and expenaes, exh and every, shall be immediately due and payabte; whether w not there be not~ce d~ mand, at~empt to cotlect w svil pend~ng; and the tull amounf of each and every such payment shall bear interes~ from the date thereof until paid a1 the ~are o~ ~ine per cenlum pe~ an~iu:n; and alI seid cos~s, charges and ex;x:naes incurred or paid, together w~th such iroerest, shall be secured by the lien o1 this mortgage. b. That (a) in the avent of any breach of this Mor~gage or defaul~ on the part o( the MORTGAGOR, a(b) in !he event any of sa~d suma of money herein ~eferred to be not p~on,prty and fully paid within th~rty (30) days nexl aEter the same severaily become due and payablt, without demand or notice, or {cj in the event each and every the s?ipularions, agreements, condi:ions and covenants of sa~d promissory note and ih~s mortgage any or either are nol ~uly, promptly and (~Ily pe~formed, d:scharged, ezecuted, effected, compkted, complied w~~h and ab~ded Sy, then in enher or any such eveM the sa~d ag gregate sum mentioned in said promissory note then remaining unpaid, with inte~es~ accrued, and all moneys secured hereby, shatl become due and pay~ eble (orthwith, or thereaftei, at the opt~on of said MORiGAGEE, as futly and comple~ety as if all of the sa~d sums of money were origina~ly st~pu:sted to be paid on such day, anything in sa.d p~ormssory note or in this Matgage to the conrrary notwithsta~duig; and thereupon or thereahe~ at the opnon of sa:d MOATGAGEE, w+tha~t norice or demand, suit at law or in equity, therefore or thereafter beg~n, may be ptosecvted as if all moneys secured hereby nad maturcd pnw to ~ts instiWtion. , 7. That in the event thet at the beginning of w at any time pend~ng any su~t upon this Mortgage, a to faec:ose it, or to reform it, or to enforce payment oF eny claims hereunder, se~d MORTGAGEE shall apply to the Court havirq ju.~sd:cfion therrof ior the appo~ntment of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~n9 aIl and singular the income, prof~ts, issues and revenves from whatever source derived, each and every of vvh;ch, 1~ be~ng expressly understood, is herrby mertgaged as if spec~lically set toith and described in the g~a~ting a~d habendum tlauses hereof, and such Receiver shall Fave alt the brcad and effecrive funct~ons a~d powers in anyw~se entrusted by a Court to a Receive:, and s~ch appointment shail be made by wch Court as an adrnined rq~ity and a matte~ of absolute nght lo said MORTGAGEE, anJ without refe~ence to the adequacy or inadequacy of rhe vatue of the prop:~rty mortgaged or to rhe so~vency or iniofvency of said MORiGAGOR o~ the defendants, and ~hat such ~enrs, p~ofits, income, issues and revenues shall be applied by such Rece~ver accord~ng to the lien a equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully pe~form, d~scharge, execute, effect, complete, comply wifh and abide by each and tvery the stipulations, agreements, co~ditions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownershtp of the mortgaged premises, or any part thcrcof, becomes vested in a pcrson other than the MORTGAGOR, the h•.ORTGAGEE, it~ successo~s and ass:gns, may, wi~hout ~otice to ~he MORTGAOR, deal with wch successw w successor ~n interest wirh re(erence to this ~r.ortgage ard the debt hereby secured in the same manner as wish lAortgagor w~thout in any way vitiating or d~stharging fhe Mortgagors' liability hert ~ under or upon the debt hereby sec~red. No sate of the Frem~ses hereby mortgaged and no forbearance on the par~ of the IhORTGAGEE or its successors or assigns and no exiension of the mm~ for the payment of the debt hereby secvred g:ven by the MORTGAGEE or its successors or ass~g~s, a~~all oFerate ;o rdease, d~scharge, modify change or affcct the orig~nal Gao~Gry of the MORTGAGOR herein, eithe? in w6ole or in par!. 10. tt is speuf~celly agreed that ti~ne is of the essence uf this contract and that no waiver of any abl~gat~on hereunder or of fhe obligation sr cured hereby shati at any time thereaher be hetd to be a wa[rrr of the tvms hereof w of the instrumem secured herby. I 1. In add tio~ 'o the forego ng menth!y paym~ms of pri~c pal and interest requ~red by the prom:sscry no!e sewred hereby, mortgagor covenants and agrees ro pay to mortgagee with each mon~h!y ~,ay=,:e~t an addr•ional svm est:mated by mortgagee to be eqval to 1, 12 of the annual cost of the follow- ~ng: A-Ali real property taxzs lev~ed or ass~ssed ag~i•~st th~ above desa~bed real estate. B-Prem~u•ns on iire and w~nds~orm inwrar.ce as here~n requaed to be carrird on the improvemeats s~tuate on the ak»ve desaibed premises. C-Premi~ms on wch mortg~ge guaranty ir.sura~.ce as mo~tgagee. shall from rme to time deem fit to carry on the !oan secured hereby. Mortgagee sha~l from t~me ro ume r.otify mcr~gagor fn writ~ng of the amoum de.e ard payable hereundar and such sum shaU thereupon be due and F.+yable on the due date of the next monthiy payrnent and each successive monrF~ thereaft~r urril mertgagee shall notify mortgagor of a change in svch i a~~ovnt. Such s~ms st~a~l be app'ied by mortgagee roward the payn:ent of real property taxes, insurance prem:ums, and morigage guaranty insurance ~ p~emiums. IN Y~ITNESS 'r+'HERfOF, the sa~d MORTGAGOR has hereunto set his hand and scal the day and year first aforesaid. j Signed, Sealed and de~ive~ed in the presence of: ~ _ - :~a,, ' _ Albe][t F• H2?~18es1 (seaq t ~ / _ ~ ~ lSeal) 1 • Sel1 (Seaq B : 7 ~ STATE F ~ ~~'u' ~ F-~ - ~ ~ ~ S5. ~ COUNTY Of CJ~'f o~ _ 1 ~ Beiore me personaily appeared Aib~lt R• Hansen a~ ~ Bsther B. Hansen ~ his wife, to me well known and known to me to be the individusls described in and who execute~tsh~ hfoeregoipA• in ume$na~ acknowledged before me that they executed the same for the purposes ~ B t Z n ~ rherein e:p.essed. And the sald_ wi?e of the said - ~bP~t F? H~21$@~ upon a separate and private ° exacn~nation by me taken separate and apart ~rom her sa~d husband, ackrawledged to and before me that she executed said instrument freely and volun- ~ ra~~iy and w~thout any compulsion, constraint, apprehen-s~o1n~, w fear of or from her said usbdn~r 73 ~ . WITNESS my hand and ofticial seal this- ~'v T~ ' day of L D. 19 T . ~ _ _ ~ otary Public in e~ tor the Stat' of ~erge /~(Ew v~ ' My Commission expires: ~~~e N ~ q ~ 5 Return To: i s Firat iederal Saving~ b loan Associat~on f~~~ ~MQ RQC~R~EO ~ ~ of F~., P:~.: ~P. ss, wc~E ~01tM1Y FU• ~ ~ FoH Pierce, fio~ida A4(j~ji ~flliRA.S ~ r CLEaK CiRGI!{T COUNT ~ I _ ~ < . llffGR~ vf•'~=tEO . f ' Q Q tu ,~3 , _ . This Instrument Prepared By.J, Roberta, ~I y 33 N~ ' ~ First Federal Savings & Loan Association v;'~ ~ . , - ~a of Fort Pierce ~ Rlorida? ~y _ ' -j ~ ~t'' ~ Checked By ~ ~~~Y ` ~ ~ s ~ - ~ U ~ . ~ i Q~ ~ ~ R~2i9 -1~59 PAGc ' , ~ ~ ~ ~ ~ - _ - ~ - _a ~..a.~ a~_ - ~ , . ~