The URL can be used to link to this page

Home My WebLink About1327 3. To place and continuo~siy ktep on the bu~!d~ngs ~ow or hereafier f~tuale on said land and on eli equipment and prrsonaity covered by ~h~s mong- ~g~, with all premiumi ~he~eon pa~d in full, iire insurance ~n ihe usual sta~ard poiity torr, in a sum approved by the MOR~G:.GfE, a~~d ~:~ndstorm ~~suranc~ in the usual uandard po:~cy 1wm, in a s~m approved by the MORiGAGEE, in ~uch cWnpany or compan~es as thQ MORIGAGEE may • diret~; and all firo ind w~nds~orm insurance pot~c;es on any of se~d build~ngs, any intew~t therein or par~ thareof, in ihe aggrega~e sum afweia~d or . ~n excess thereof, ihall contain the usual s?andard mortga9ae cisuse o~ such othe~ clauss as Ihe Mortgagea may requ~re, rral~in~ rha ioss unJr~ sa~d polr y ue~, each and every, payable to sa~d MORTGAGEE as ~ts ir.teres~ may ~ppear, and each a~d every such poGcy sha11 be prompily a~s gnrd a~~d dzt~:errd ~o any held by ~a~d b10RfGAGEE as lur~hrr srcu~ify to sa~d mor~gage debt, and, not less ~han ten (10) days i~ advance of ~he expua+~on ol eacfi pohcy, to de- ' liver 1o said MORTGAGEE a renewal thereof, loge~her with a reteipf fot the premium of suth ronewdl; and ~hare shall be ~w fire or windstorm iniurante • plxed on any of said build~ngs. any ~nterest therein w part thereof, un!ess in ~he iorm and wi~h ths lo:s payabte as aforesaid; end in the e~ent any sum of money becomes paya6le unde~ such policy or poGcie~ said MORTGAGEE shall have ihe opilon Io receive and apply the same on accoum oi ~he indabled- Y Pe Y Pa µurNotes, without thxcur ~vd~v~ y O~ ~n.pau- neu secured hereb w w rmit said MORiGAGORS ro receive and use it or au n the.eof fo+ ai~e~ ~ ing any equ~ty, lien or right under w by virtue of this mo:tgage; ~nd in the evenl sa~d MORTGAGORS shatl (w any reason fait 1o krep the said prernisas so ~ insured, o~ fail to delrver pranptly any of said poficie: of insurance to sa'~d MORTGAGEE, or fait promptly to pay fully any pre~~~wm thcrefor or in a~y ~ respect fait to perForm, d~scha~ge, execure, effect, comptete, comply with and abide by this cove~ant, a any pari hereo(, sa~d MORIGAGEE may piace a~d pay fw such inwrancs w any part thereof w~thaut waiving w atfedi~g any option, lien, equ~ry, o~ righe unde~ o? by vl.tue ol this Morfga4e, and the • futl amount of each and every such paymeM shall be immediately due and payable ~nd :hall bear interest f~om Iha date thereof until paid at the ~are of n~ne per centum per annum and ~oge~hzr N•~rh such inferrst shaH be sec~rcd by the lien of th~s mortgage. To permit, tommit or sufier no wasle, impairment or deterioration of sa~d property w any part thereof. 5. To pey all and singular the coits, charges and expe~ses, inctudinq a reasonabfe attorney i fee and costs of abatracts of t~tle, incurred or pa~d a~ a~y time by said MORT.GAG:E, because a in the evenlwf the failure on ~he part of the said MORiGAGOR to duly, promptly and f~lly perform, d~scharge. execute, eifcc~, complete, comply w~th and ab.de by each and eve?y the stipulanons, ag~eemen», co~ditrons, and covenan?s of sa~d p.wn;:wry note and ihi~ mwtgs~e any or eithe~, and sa~d cosrs, charge~ and expenses, rech and every, shall be immediately due and payabie; whrther o~ not rhere be not~ce d~ mand, attempt to coUect a suit pend~ng; a~d ~he full amount of each and e~ery such paymen~ shall bear interest from ~he date therrof u~t~l paid at rhe .are of nine per cenwm annum; artd all said costs, charges and expenses inturred a paid, together wdh such iroeresl, slwll be secured by the I~en of this mortgegs. b. That is) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in the event any of wtd sums of money hereio referred to be not promptly and fully paid within th~rty (30) days ocat afrer the same seve~ally become due and payable, without Jemand or notice. or (c) in the event each snd every the stipulations, agreements, conditions and covenams ot sa:d promiuory note and th;s mortgage any w e~~her aro not ~uly, promptty a~d fully perforrnrd, d~uharged, executed, effected, completed, compiied with and ab~ded by, then in either w a~y such event the said a¢ gregate sum memioned in said p~omissory note thert remaining unpaid, with iroe~esl accrued, and aN moneys secured heroby, shatl betome due and pay- able forthwith, or thereaiter, at ~he opt~on of said MORTGAGEE, as tully and comp!etely as if all of th~ said svms of money were a~ginaliy st~pu:ated to be paid oo such day, anything in sa:d promissory note or in this Mwtgage ro the conera~y notwirhs~snding; and thereupon or thereafle~ at the ophon of sa;d MORTGAGEE, w~rhout not~ca or demand, suil at law or in equity, therefwe o~ thereafter begun, may be prosecuted ss if all moneys secu~ed hereby had matured pna to ~ts institution. 7. That in the event that at the beginning of or at any ~ime pending any suit upon fhis Mortgage, a to fweclose it, ot to reform it, or to enforce payment of any cJaims hereunder, said MORTGAGEE shall appiy to the Cou~t having ~urisd:ction thereof for the appo~ntment of a Receiver, such Covrt ahall Fo~thwith appoint a rece~ver of said mongaged p~operty all and singula~, includ~ng all and sir~gular the income, prof~ts, issues and revenues from whatevea so~rce derived, each and every of which, it being expressly unde+stoc~, ia hereby mOrtgaged as if spec~litally set (orth+and described in the gra~ting and habendum clauses hereof, and such Receiver shall have all the broad and effect~ve funct~ons and powers in anywise entrusted by a Covrl to a Rece~~er, and s:.ch appoin?me~~t shall be made by such Court as an admi+t~d equ~ty and a matrer o{ abso7ute r7ght to said MORTGAGEE, and w~tho~t re(erence to the adequacy or inadequacy of the value of the property mortgaged or to the so~vency or insotvency of said MORTGAGOR or the defendants, and that such rents, profits, income, issues and ~eve~uea shall be applied by such Reca~ver accwd~ng to the lien or equity of said MORTGAGEf and the p~actice of such Court. 8. To dv~y, p?omprly and fully perfo•m, discharge, execvte, eifect, complete, comply with and abide by each and eve~y the stipulations, agreements, conditions and covenants ~n sa~d promissory note and ~his mwtgage set fo~th. 9. That in thesevent the owne~ship of the mortgaged premises, a any parf thereof, bccomes vested in a perwn other fhan the MOR7GAGOR, fhe MORTGAGEE, its successors and ass:gns, may, wi~hout notice to the MORTGAOR, deal with such successw w successor in interest with refere~ce to thia mortgage and the drbt hereby secured in ihe same manner as with Mortgago+ without in any way vitiating or d~xharging the l~lortgagor3' liabiiity here- under w upon the debt hereby secured. No saie of the Fremises hereby moregaged and no forbearance on the part of the IhORiGAGEE or its successors or assig~s a~d no extension of the time ior the payment of the debt hereby secured given by the h50RiGAGEE or its successors or assigns, aiufl operate io release, dscharge, modify changp or affect the orig;nal Iiao~Gty of the MORTGAGOR herein, either in whole or ia parf. 10. h is spec~ficaliy. ag-eed ~hat t~me is of the essence of th~s coniract and that nu waiver of eoy obGgat~on hereunder or of the obligation se- ~ cured he~eby shaU a~ any time thereaher be f1a~l~tq be a waiver of th~ terms hereof or of the instrument secured herby. * 11 In a~id~e+on'to~the fwego:n9 monthly ~ayme~rs of princ pal and inrerest required by the prom:ssory na~e secured hereby, mortgagor covenants and agrees to pay to mortgagee ~v~th each monrhly payment an add~~io~~af sum est~ma~ecl by mortgagee to be equal fo 1; 12 of the annual cost of the lollow- nq: A-Alt real propert~ ta~ces levied w assessed agji•,st th~ above described real estate. B-Prrm~ums on f~re and wirtdstorm ~rtsurar.ce as nere~n requ;red to be carried on the :mproveme~ts situate on the above descnbed premises. C-Prem~yms o~ such mortgage g;w~anty insurar~ce as mo~tgagee shail from r.me to :ime deem fit to carry o~ the loan secured hereby. Mortgagee shatt frcm t~me to yn~e not~fy mertgagor fn writing of !ne amouro d~e and payable hereunder and suth su:n shall thereupon be due and ~.ayable on the due date of rhe neat mo~th:~ payment and each wccessive momh thereafte~ ur,til mortgagee shall notify mortgagor of a change in such a r.ount. S~ch sums shail be applied by mortgagee toivard the payment of rea! property tazes, insura~ce prem~ums, and morfgage guaranty insurance premiums. , . IN WITNE55 YIHERE , the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid.. _ ig Sealed a iv r n the resrnce of: fIIED ANO aECOROE~ ~ ~ , a~~ t~~ tne s ST. ~UCIE COUMTY flA. ' ROCER POITRAS CIERK CtRCU1T COURT ~ ~~a~~ RECOR~ VEP~FIE9~ ~ , ' ~ xa~) j''1tI1esS AAlta W. HaY[~r ($eal) SiATE OF FLORIDA 3!2 4? PM.'~~ ~ - 2~s~~s cour~rY oF St . L uc ie Before me perwnatly appeared Danny fi. f'{eZFQt a~ ` anita ~V. Harper his wite, to me wetl known and known to me to ba e ' thz indiv~duals deu~~bed in and who execufed the foregoing insfrument, and acknowledged before me that they executed the sa.me,for the purposes ~ therein exp~essed. And thr said Anita W. Harper ~ ' w~fe of the said natLn+ E Haroer vpo~ a separate end privats ~ exam~nat~on by me taken separate and apart f~om her said hygba~d, stknowled ed to and before me that she ezecuted uid instrument freefy and volun- : ranty and w~thovt any compulsion, constiaint, appre i n~p~ fear of w om he id Fwsband. ! W1TNE55 my hand nnd o[ficial seal thi Y~ y of A D. 19-~3 ~J Notary Public in and fw the State of ftorida at Large My Commiuion eapires: Return 70: ~ ~ ; Fitst fedetal Savings 6 loan Association , Of ~ort P,erce. ~~~i:.: ' : _ ` fort Pierce. Flo~ida `~1•~~~N ~~~~~s~~~i/' i. .t':: ! . ~ i ~ '1~ Y Gary F. Ellwoad ~ •~iD - ~ . This lnstrument Prepared By ~ L•. o o = First Federal Savings 8 loan Association : r, =~1 • of Fort Pierte , Florida ''~Q 1_ 1 C~' ~ Chscked By ~ ` . • ~ ~ • ` ~ . . . sb so°~~ 22'~ ?b~Ei32? : . - . - K ~ : x....- ~ . _ . . ~ . . •S • .-e { r_ ..r.~