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Home My WebLink About1882 . . ~ . • ' To plxe and continuoualy keep on ~he bu~'d~~~gs now w hereafie~ uwate on said land and on all eq~iymant and pa~sonally covered by th~s mwrg- ~ge, with •II premiums thercon pa~d in fuil, iire ins~ranc~ in ihe u~uai s~anda~d po~ity lorm, in • wm aNprovcd by fhe MORCGAGEE, and wmduorm insurance i~ the ~sual standard pol~cy lorm, in s sum approved by tF~e MORTGAGEE, in such company or co~npsn~es as 1he MORTGAGfE may ~i~ecl; ~nd all firs and windstorm insurance po~iues on any of said build~~s, any interesl ~herein or part ~hereol, in the a99rrga~e s~m aforesaid w in excess thereof, sh~ll contain ~ha usval standard mwega9ee clause a ~uch o~her clauss as the Matgagee may reqwro, maAiny the lois undrr ~a~d pol~ cies, each and every, pay~5le to said MOf~iGAGEE as ~ts interest may appear, and each and every svch poiicy shaU ba p~wnptly ass g~~rd and de~ive~nd +o •ny held 6y said MORiGAGEE as Further secerity to seid mwtgage debt. and, no~ less than ten (10) days in adva~xe of the e~p~~~tlon of each po:~cy, to da Irvt~ to said MORiGAGEE a renewal thercof, together with a receipt fo~ Ihe promium of such ~enewal; and thero shall be no f~re or w;~~ds~o~m insuraoce plKCd on any of said buildings, any intere~t therein or part thercof, unlesa in the (orm and with Ihe loss payable as aforesaid; and in Ihe event any sum of money become~ payable unde? :uch policy o~ pel;cies aaid MORTGAGEE shall have ~he op~~on to recaive and apply ~he same on actouro of the i~~dab~rd- neu secured hereby w to permit said MORTGAGORS fo receive and use it p aoy part thereaf ior otnrr purNosrs, v,~~ho~t ~ha~ou~ .rc:-: u+,aeu- ing any equ~ty, lien a right unde~ or by virtue of this mor:gage; ind in ~he evant ta~d MORTGAGORS shnll foi any reason fa~l to keep the sa~d p~em~ses so insured, w fail to deliver promptly any of said polK~ea o( i~su~ance 1o sa~d MORTGAGEE, w lail prompl~y to pay fully any pre~»~u~n therefw w in any respect fail to perform, d~scharge, execute, effect, comptete, comply with and abide by this covenant, ar any pa~t hareof, said MORTGAGEE may place a~~o pay iw such insurance or any part thereof without waiving w affecting any option, lie~, equity, w right under w by virt~e of this Mo+tgage, snd tht full amouro of each artd every such paymem shall be ~mmedfately due and payable and shall bear interest from the date thereof until pa~d at ~he ra~e o1 nine per centum per ennum end to~ether with such interest shall be secured by the tien o1 this mwtgsge. 1. To permit, commit or sufier no waste, impai~ment w detrrioralio~ o( said property w any part thereof. 5. To pay all and singular the costs, charges and ezpenses, including a ressonable at~wney i fee and cous o1 abstracts oi title, incurred or pa~d at any time by said MORTGAGfE, because or in the event of the failure oo the part of the said MORTGAGOR to duty, pranptly and futly perform, d~scha~ge, execute, effect, complete, compty w~th and ab:de by each and every the stipulat~ons, agreements, cond~tions, and covenants oi sa~d promiswry note and th~s mortgage any or e~~he~, and sa~d costs, charges and eapenses, each and every, shall be immediate~y due and psyabk; whe~her a not ~here be no~~ce de~ mand, attempt to collect or suit pe~d~~g; and the full amount of eath and every such payment shafl bea. interest from 1F~e date the~eof vntil paid at the rate o( nine per centum per an+~urn; and all said cosls, tharges a~d eapenses incurred or paid, logather w~th such interest, shall be secured by the iien of th~s mortgage. 6. That (s) in the event of any breach of this Mortgage or default on tha part of the MORTGAGOR, or (b) in the eve~t any of satd sums of mo~ey herein reterred to be not promptly and fu~ly paid withi~ th~rty (30) days next atrer the same sevc.atly.beco~ie due and payabfe, without demand or norice, or (c) in the event each and eve~y ~he stipu:ations, agreements, conditions and covenants ol sa~d promiswry note and th~s mo~tgage any w e~~her are not iuly, prompNy and fully perioimed, d:xharged, execu~_d, eitected, compteted, compGed wi~h and a6~ded tiy, then in e~ther or any such evem the se~d ag gregate sum mentioned in sa~d pro~~isswy note then ~emaining unpaid, with interest accrued, and a!I moneys sec~red he~eby, shall become due and pay- able forlhwith, or thereafte~, at the option of said MOR7GAGEE, as fvlly and comptetety as if all 01 the said sums of money were or~ginally shpulated ro be pa:d on such day, anything in sa;d promissory note o~ in this Mortgage to the conrrory notwiths~and~ng; and thereupon w the~eafter at the op~~on of said MORiGAGEE, w~thout not~ce or demand, suit at law w in equity, therefore a thereafter begun, may be prosecuted as if all moneys secured hereby had maWred pr~or to its institWion. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortyagq a to fo~eclose it, or to reiorm it, or 1o enforce payment of any claims hereunder, said MURTGAGEE shatl apply to Ihe Cou~1 having junsd~ctio~? thereot to: the appoimmeM of a Receiver, such Court shafl forrhwith appo~nt a receiver of said mortgaged property all and iingular, includ~ng all and singular the income, prof~ts, issues and ?evenves from whatever source derived, each and every of wh~ch, 1~ be~ng exp~essty undersrood, is herc5y moregaged as if speuficaliy set forth and desuibed in the graming and habendum clauses hereof, and such Receiver shetf have all ehe kxoad and eifective func+,ons and powers in anywise entrusted by a Courl to a Recaiver, and s~ch appointment shatl be made by such Court as an admitted equity and a ma+ter of absolure ~ight to said MORTGAGEE, and w~rhout referencr to the adequacy or inadequacy o( the value of the property mortgaged or to tke so:vency or insolvency of sa~d MORIGAGOR or the' defendants, and that suth rents, proFits, incorne, iss~es and revenues shail be applied by such Receiver accord~~ig to the lien or eq~ity of said MORTGAGEE and the prsctite of such Court. 8. To tlufy, promptly and fu!!y perfo~m, discharge, exec~te, effect, compiete, ~wnply with and abide by each and every the stipu(ations, agreements, conditions and covenants ~n sa~d promissory note and this mortgage set fwlh. 9. Thaf in the event the owr,ership of the mortgaged premises, or any part thereof, becomes vested in a person other fhars the MORiGAGOR, the h10RTGAGEE, its successors and ass~gns, may, w~thout not~ce to the MORTGAOR, deal with such successor w successor in interest with reference to this . mor~gage and the debt hereby secured in the same ma~ner as wiih Mortgagor without in any way vitiating or d~scha~ging the Mortgagor~' liability here- under w upon the debt hereby sec~red. No sale of the premixs hereby mortgaged and no forbearance on the part of the MORiGAGEE w its successws or assigns ar.d no extension of the time ior the payment of the debt hereby secured given by the MORTGAGEE or its successors w assigns, .:.all ope~ate ro reiease, d~scharge, modify change or affect the originat liab~l~ty of the MORTGAGOR herein, either in whole w in part_ 10. N is spec~ficafly agreed that f~me is of the essence of this contrad and that ~o waiver of any ob~igation hereunder or of the obligation so- c~red hereby shail a~ any time th2reafter be held to be a waiver oi ~he terms hereof ot of the instrumeN secured herby. 11. ~n add.tio~ !o the foreqo'nq month!y payments of princ pa( and interest required by the promissory no'e secured hereb~, mortgagor covenants and agrees to pay to mortgagee v.~th each monrhiy payr.ient an add~rional Sum eshn-ated by mortgagee to be equal to 1,' 12 of lhe annual coat of the follow- ~ r~~: A-Alt real property taxes levied or assessed agai•~st ?hc above described reat estate. 8-Prem~ums on fire and windstorm insurante as here~n req~:red to be tarric~d on the improveme~ts situate on the above descr~bed premises. C-Prem~~ms on such mortgage guaranty insurance as mortgagee shaN from t~me to time deem fit to carry oo the loan secured hereby. Mortgagee shaEl from time to t~me no~rfy mo~tgagor writing of the amount doe and payable hereundrr and such sum shaH thereupon be due and ~ iayable on the due aafe of the ~~ext monthiy payment and each successive month thareafter ur.ti! mortgagee sha4! not:fy nartgagor of a change in such a•.,ount_ Such wms s~a:i be appiic-d by mortgagee toward the payment of real prcperty taaes, ins~rance prem;ums, and mortgage guaranty inwrance ~~emiums. { IN YlITNESS WkEREOf, the said MORTGAGOR has hereunto set his hand and seal the da~ and ear first aforesaid. ~ ~ 'gned, Sealed and delivered in the presence of: ~ aQ ~ , i ~ es H. B anton - c~a~~ - ~ ~ - - ° " ~ ~ ~ ~ (Sea~ ~ _ ~ / MaYtha Blanton ~~ai~ ~ STATE OF FLORIDA 1 St. Lucie } ~ couNn oF I ~ Befo~e me personally appeared James H• Blanton and l~Iartha Ble'ifltOil his wife, to me well known and known to me to be the ind7viduals dexribed ja rnd who executed the foregoing instrument, and ackrwwledged before me that they executed the same for the purposes ~ ° ~ Martha Blanton ~ therein expressed. An~ the fsid , ~ wife of thp•said"~~~,i,; ; James H. BZdfltOfl_ upon a separate and private r, ~ examinp»og r~.+fa ~/~eparate and_apart irom he? said husband, acknowledged fo and before me that she executed said instrument freely and volun- ~ rar,iy'snd wiJ~idi~t ',qn r~'.~puts'an, constraint, apprehension, w fear of or from her said husband. ~ .1NJ~~~hand arld 9fficeal seal thi day of December ~ ~ D. 19 73 S (~-~tu.-~ + c~~~C~ ~ ~J ~ _ . - _ : ; ~ Notary Public in end for the Sia of Fbrida at lar9e ~ : = My Commission expiros: ~ . p J~,~R~r ~:r~'= ~ : 3 •4 . ~=flp'lt~lirrderal baviY~f~ ~'-Iwn Associat~on ~Jp}pry ~Gc. 51ob of fbride of Lar~ ~••••Ot'~o~~eice. My Commi~scn Exp~res Od. 30. 117f ~ r .'klor~ ~ for P{e;~, "da bonded br Amr.::un fire ~ Cos~wltr r~~~~~:i ~ `~~d Q~~ . . ~ R Fl~?~ ~ This Instrument Prepared By J. H. Roberts, JZ. g~ ~11~tE ~~~TqAS ~ First Federal Savings 8 Loan Association R4C"c {~~~5 ~pURT of Fort Pierce , Flotida ~~ER~~,• RE~~R~ YEr~F1E0 Checked By j 1131 AM . ~ B~~K2~~. QA>>:1882 ~ z~ooss . r~,:.} ~ . : - - - - - ~ _ - _w _ _ ~ _ . . _ -