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Home My WebLink About0033 To p~ace and corolnuously keep on thc bui'd~ngs noH or hereaite~ ~~tuaee on sa~d ~end and on a~l eq~~p:»em a~,d persona~~y covrrrd by ~h~s ma~g- age, w~th all prem+ums ~hrreon pa~d in i~il, fire insuronc~ ~n tha utual ~~~~uia~d porcy fo+m, in s sum aNproved by the MOR~'v%.GFE, o:~d w~~~dsTOrm ]nsura~ce io the usual standard pol;ty form, in a wm approved by ~he MORiGAGEE, in wch tompeny or tompan~es as the MORiGAGEE may dfrect; and all (ire and wlndsrorm insuronce poliurs on any oi sa~d bu~~d~ngs, sny iNeres~ the~em or part thercof, in Ihe a9gregate sum aforeeaid or in e:cea~ lhercof, shall ;omai~ ehe usual s~and.~rd mwtgagee clauae a such o~her clause as Ihe Mo~tgayee may requ~ro, making ~he ~oss unJa~ se~d po~i• , c~es, eacA and every, payab~e to sa~d h10RTGAGEE af ~is mtereet may appesr, arx! each and every tuch poiic~ ~liell be promptiy ass g~~cd a~~d de:~.er~:d ~o eny held by aaid MORiGAGEE ss fwther security to said mortgrge debt, and, not less than ten (10) days in advance o! the expirat~on of each potity, to de- I~ver to said MORTGAGEE a renewal thereof, loge~her with e receipt for the premivm of iuch ~enewal; and ~here shail br no 1~re o~ w~~~ds~c~~n i~surance placed on sny of ssid build~ngs, any ioteresl there~n a part tnereof, unless in the form and with ths ioss payuui2 as a`c,s¢sadd; a^d in. the e+ert aoy svm of money becomes payable under wch policy a pol~c~es said MORTGAGfE shall have ~he opf~on to rec~~ve and apyty the ume on account o~ ~he nxlabt~d• ness sec~red hereby or lo permil sa~d MORTGAGORS ro receive and uae it or any pa~t the:ro~ 1or otim~ pu~~ ~ses. ..~~n;,:t th_~.::~ .,.:l.~ ~~~~p~~'- ing ~ny equity, lien or r~ght uoder w by virNe of Ihia mo:'gage; snd in ths evenf ia~d MORTGAGORS shall for any rcason fail to keep ~he sa~d premfs_s so innured, w fail to deliver promptly any of said poLc~es of inwrance to said MORTGAGEE, or fail promptly to pay fu~ty any pre:~~wm therofo~ o~ in any ` respect lail ro pertorm, d~scharge, execute, effect, complete, comply with and ab~de by this tovenam, w any pert hareof, said MORiGAGEE ~nay p~ace a•~d pay fa such insurance or any part thereoi without waiving a affecling any option, lien, equity, or ri9ht unde~ or by virtue of this M«rgage, and thc ful~ amount of each and every auch payment shall be immediately due and payable and shall b.:a~ interes~ from the date ther~wf until p.,~d at ~he rate of n~ne per cenrum pe~ annum and tog~thcr with s~cA inrerest shali be sewrrd by the tien of ~his mortgage., _ 1. To permit, commit or suffer no waste, impairment a deterioratio~ of said property or any part thereof. - 5. To pay all and singular the costs, charges and expenses, i~cluding a reasonabte attorney's fee and' costs ot abstracts of title, ~nc~rred or poid at bny time by wid MORTGAG'.E, because or ~n the event of the fa;ture on ~he pa~1 of the said MORTGAGOR to du~y, promptly and fu11y perform, d~scharge, ~xecute, efiect, complete, comply w~th and ab:de by each and every ~he atipulaY~o~s, agreements, conditians, and cove~~anu of sa~d pranissory note and thi• mortgage any or either, and sa=d costs, cha~ge~ and expenses, each and every, shall be immediately due and payatte; whe~her a not there be nonce d~ mand, attempt to coflect o? suit prnd~rr~; and the full arr+ount of each end every suth payment shalt bear inrerest from the dare thereof umil paed al !he r~re of nine }~er cenwm per an~iu:n; anc' all sa~d coits, c!~arges and exprnses lncurred w peid, together w:th such interest, shall be sccured by thr l~an ot th,s mortgage. ' 6. That (a) in the event of any breach of thi~ Mort~age o~ defau~r on the part of the MORiGAGOR, or (b) in the event any oF sa:d aums of money herein referred to be not pro~nptly and lully paid within therty (30) days next after the same severa!ly beco~ie due and payabte, without demand w notice, or (c) in the event each and evary the s~ipulat~o~s, agreements, conditions and covenants of sa:d promissory note and th~s mortgage a~y or e~ther are not ~~fy, promptly and t~lly performed, d:scharged, executed, effected, completed, compGed with and abided Sy, then in e~tF?er w any such event the sa~d ag gregate sum mentioned in said promissory note then remaining unpa~d, with interest accrued, and afl moneys secured htreby, ah~atl become due and pay- able forthwith, or thereafte~, at the oprio~ of aatd MORTGAGEE, as fully and complNety as ii all of ~he said sums of money were ongirially snpuiated to be pa~d on such day, anything in sa:d promisswy note w in this hlortgage to the conlrary notwithstand~ng; and ~here~pon or thereafter at the opGon oi s~;d MORiGAGEE, without notice or demand, suit at law or in equ~ty, therefwe or tAereef~e~ begun, may be prosecuted a~ if all moneys sec~red hereby n~d matured pr~w to its institutwn. 7_ iha? in tFx event that at the beginning of or at any time pertdir+g any suit upon this Mwtgage, or to foretlose it, or to reform it, or to enforce payment ot any claims hereunder, said MORTGAGEE sha{i apply to the Co~rt having ~urnd~cnon ihereof for the appomtment of a Receiver, such Court shad fo~thwifh appoint a receiver of said mortgaged property all and singular, includ~rx~ all and s~ngular the incorne, prol~ts, iss~es •r.d reven~es fra~n whatever source derived, each and every of wh~ch, it tr_ing exp~essty understood, is hereby mortgaged as if spec~ficaliy set forih and describrd in the g~antin~ and haoendum clauses hereof, and such Receirer sha1~ have ait the br;,ad and effecr~ve func~~ons and powers in anywise entrus~ed by a Couri to a Retc~~er, and s~ch appoinrmem shall be maele by such Court as an admitted equiiy and a ma~ter oi abso!ute rlght to said MORTGAGEE, and wi~hout refererece to the adequacy o~ inadequaty ot the value of the property mortgaged or to the so:vency or ~nsolvency of said MORIGAGOR or the dete+:dants, and rhat such re•,fs, profits, income, issves and revenues shalt be app~~ed by such Receiver accorti~ng to the iien or equity of aaid MOR7GAGEE ar.d tAe prauice of such Courf. 8. To duly, promptly and fully perform, d~scharge, execute, effect, complete, comply with and abide by each and every the stipuiations, agreements, condit~ons and covenanrs ~n said promissory note and ~his mortgage set forth. 9_ 7hat in the event the ownersh~p of the mortgaged premises, or any parf tFxreof, becomes vested in a person other than the MORTGAGOR, the 4'ORTGAGEE, its succeu.xs and assigns, may, without ~otice to the MORTGAOR, deal wnh such successor w successor ~n interest with reference to th~s n orfgage and the debt hereby secured in rhe same manner as with Mortgagor withovt in any way vitiating or d~scharg~ng iiie Mcrtgagois' iiability here- ~~der w upon the debt hereby secured. No sale of the premises h~reby mortgaged and no {orbearance on the part oS ~he MORTGAGEE w its successors or ass~g~s and rto exte~sion of the tirne fw ~he payment of the debt hereby secured g~ven .by ~he MORTGAGEE w its successors or ass:gns, ahail operate ~o reiease, d~scharge, modify change or affect the original liabil~ty of the MORTGAGOR here~n, either in whote or in part. 10_ It is specificaliy agreed that t~me is of the essence of this contract and that no waiver of any ob~~gat~on hereunder or of the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the ins~rument secured herby. I l. In arid:tioa to the forego:ng ~nunth!y payments of princ pal and interest required by the prom:ssory no': secured hereby, mortgagor covenanrs d agrees to pay to martgagee w~th each monrhly pa~~nent an addl~ional svm rsr n,ated b~ mortgagee to be eq~ai to 1, 12 of the annual cost of the foiiow- r~ ,3: i A-All real property ta,~.s levie~ o+ assessed agai•~st thc above described real estate. ~ B--Praln~.iu~ns on fue and windstorm ~nwrarce as here~n requ~red to be carried on the ~mproveme~ts situate on thc abovc dest~~bed premises. i C-Pre~niums on such morrg;ge guaranty ~r.surar.ce as mo~tgagee shail frcn• Cme to ti~r.e deem fit to carry on the loan secured hereby. Alortgagee s6a!i trom r~me to ~~rne nor~fy mo+tgagor ~n writ;ng oi the a~nount d~e and payabte hereundrr and such su:n sha(I thrrcupon be d~e and E ,.able on the due ciare of ~h~ next moMh:y paym~n? and each successive month therealr~r until mortgagee sha!1 notlfy mortgagor of a chan~e in such i _-•.ount. Such sums sca:l he apn:~rd by mortga~ee to:.ard tbe payment of reat preperty wxes, insurance prem:ums, and moctgage guaranty insurance i 6 c'erniurt:S. ~ i 11TNESS `11HEREOF, the said MORTGAvOR has hereunto set hi<_ hand and seal the day and year first forewid. . ned, Seated an liv red i the presence of: ~ y~ ~ ~ ^ X J3t =~~"~i~~ sn ~-r~ Ha r ld R. N ki~ t~an 0 ~ ~ ~ Gl~i ` ~r-C~L'e.~ ~i~ ~.a~(sean - Bobbie n. Hopkifls ~~a~~ STATE OF FLORID ~ ' ~ ~ :OUiJTY OF ~ Befwe me personally appeared Harold R. t'opkins and ~ j~[jtjble lannkins h~s wNe, to me wefl known and known to me to pe the individuals described in and who executed the foregang instrument, and acknowledged beFore me that they executed the same for the purposes ~ ~he•ein expressed. And the said Bobbie T~. Ho~kins ~ r.;fe of the said F~arold ~.?topkins a separate and private e,caminat~on by me taken separate and apart fram her said husband, ack~owledged to and beiore me that she executed said instrument ireeiy and volurr ~ ranly and w;tMu~•bs~ ~ ompv~sion, constraiM, apprehens~on, or fear of or from er sai usband. 3 , W ~ ny~~d'arld offiual seal th~s._ n~ day of October A_ D. 19 ~3 _ ~V~ . - : f;.~% ~ - ~ > r? - O~ . ~ Nolary Public in and for the State of Florida at Large ; 3; - i , - - My Comm~ssio~ expires: ~ - " ~ o ° Re Jo~-- ' ; ~ : No:ory i-u~T S•.y1e cf f':r'da of ln~+p F~~ fe~grA( Sa s~'i~an Assotiat~on r ~c. . ~ t j ~ '.y C„ , " s `iev. 7. 14i9 } af:toii PN~.:e Ca. ~ Fart-P'ieitt~`,Flp~~da 83n:1_d ..y•.~~~.=r.:~.t`t~c.: L Caru-~tr ~ •Z~- , O ~ y - ~~LEO ANO k ~ ECOROEO This Instrument Prepared By John !~I. Co].lins sT• LUCIE COUNTY f~~, ~3 First Federal Savings 8~ Loan Association RO°E~t ~a~Tq,~S RF~CLERK C1itCU1T COURT ;yx of Fort Pierce~ Florida ORp YfR1F:F0 ti~" Checked By ~ ~ 9 22 ~'73 ~ z~688 = - 6LOX ~1 PA6f v~J j s rt : . - . : : b_ ~ -