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Home My WebLink About2504 To place and tontin~o~s!y keep on ti~e L~i:~L„ga now or hereefter •~tuate on s~~d te~.d a~d on a~i ~'(,J~N+~~C~l~ and personally covr~ed by thit morrg- ege, with a~l premw:ns 11~areon ~.o.d ~n full, f.~e ~ns~~e~.c_ ~n ~he uwal standard Noi~cy fofm, in a su~n a~:p~o+ed by the MOR~G~GEE, o~~d wuiJstorm mwrance in the us~al standud po:.cy 1onn, in a sum aNp~ovcd Ly ~hr MURTGAGEE, in such co~npany or to~npanles as ~he htOkIGAGEE may d~rect; and a~l fire and w~ndstorm insw.ence poi~uas on eny o( s~~d tw~iJ~ngs, any interest theeein or par~ thrrcui, in the agg~eya~e su~~ eforesa~d o~ in eatess thereof, Shall contai~~ ~he ~s~~l standard moct~,9ee r'~uie or wth Other c~ause as Ihe Mortysgee mey rryu~ra, n~ei.~ng thr icis unJcr f~~d po~i- c~es, each and every, pa;ab!e ro ia~d h1UR1GAGEE as ~t? ~nirr.•s~ ~nay appear, and each and every svch po:~c/ sha~l br promNtiy assgncd e~~d daGver~d to eny held by sa~d 1.10RIGAGEE as funher secur~~y to sa~d no:iy~~r debt, a~~d, not leas than ~en (101 days in ad+ance o+ ~he e+cpuat~on of each pol~cy, ta dr fve~ to ~aid AIORiGAGFf a renewal thereof, loyeihe~ with a rrce~Nt lor Ihe prrmwm ol such rrnewal; and ihrre shalf be ~w Lre o~ w~~~dttonn inw~ence pleced o~ any of said build~~gs, any interes~ there+n o~ pa~! thereof, unless in the (v/m 3Rd-w~th the !oss payable as aforesaid; a~d in the eveM any s~m of money becomes payab~r under such policy or poGcles said MORTGAGFE shell f~ave the opi,on ro~ece~vc and apyty the sa~ne on aao~~~t oi the ind.btrd• nzss secu~ed hereby o~ to perm~t sa~d !'AORiGAGOR$ to receivo and ~se it w any pa~t 1h.rcof tor o:i:rr Hwfesrs, :.~~t;wf th:r.i,~ .v.~.~~~ ~r u,.p.,u- ing a~y equ~ty, lien or r~gh~ vnder or by virtue of ~his mo:tyage; and in the eveN se~d MORTGAGORS :hall for any reason fa~l fo k~ep the sa~d prem~ses so ~nwred, or fail to delive~ p~o~nplly any of said pol~ties o) i~sura~ce to sa~d MORTGAGEE, o? (ail pron:~lly to pay ~utly any pre~nrurn ~hcrefo~ or in a~y respec~ fail ~o Frrform, d~scharge, execute, effect, compierr, comply wi~h and abicle by th~s covenaN, or any pa,t hrreoi, sa~d MGRiG~GfE may piace a~~d pay (or such in~v~ance or any parl thereof w~thout waiving or afFecting any opt~on, lien, equrty, o~ nghi under w by virtue of thls Alortgage, and the f~U amount of each and every such paymeM sha~l be immed~ately d~e and payable and shall bear interest lrom the date thereo( un~il pa~d at the rate o1 r,:r,e per centwn per annum and to~~•:har wiih such inse:est shaii be secured by the Gen Of this mortgage. a. To permit, tommit or sufler no waste, impa~nnent or detenoreiion of said property or any part thereof. S. To pay al~ and singular the co~ts, charges and expenses, ~ncluding a reasonable attwney'a iee a~d cos~s of abstracts of title, incu~red or paid at any time b~ said MGRTGAGEE, because w in the event of the faJure on the part of ~he said MORTGAGOR to duly, pro~nptly and fully perlorm, d~scharge. rarc~te, etleU, complete, tanply wnh and ab.de by each and every the stiputa~~ons, agree~neros, to~ditions, and covenants o[ sa~d pro:nisaory note and ~h~~ mortgage any or e~~her, a~xl sa~d costs, charges and expenses, each and every, shall be immed~ately due and payable; wherher w nct there be nonce dr mand, attempt to colled or suit pend~ng; and the iull amount of each and every s~ch paymero shall bea~ interest from ~he date thereof u~til paid at the r.,~e of n~ne per cent~•o Ner aro~;::n; a~id ali said cosis, ci~aryes and expe~~ses ~nt~rred-w paid, togethet w~th such interest, shall be setured by the iien of th:~ mortgage. 6. That (a? in the event of any breach of this Mortyage or defau!r on ths pa~t o( the MORTGAGOR, or ;b) ia the event any of sa'd sums of money h~rein referred to be not promptly and fully paid .vithin th:rty ~30? da~s next af~e~ the sarne severalty beco.~~e d~e and payaLte, wi~hout de~nand or notice. o~ (c) in tha event each and every the sl~puiat~ons, agreements, cond~rior.s and .ovenants of sa.d pro~~issory note and th~s mor~gage any or e~the~ are not ~~ly, promptly and f~tly perfonned, d~xnarg:d, execut~d, effected, wmp~eted, compLed w~th and ab~ded 5y, then in e~ther or any such eveM the said ag gregate s~m mentioned in said prom~ssory note thzn remaining unpa~d, wiih inrerest acu~ed, and ail moneys sewred hereby, shall betome due and pay- ab~e forthwith, or therea~ter, at the cpt~on of said h10R1GAGEE, as fuily and completely as if aIl of the said sums of money were ong~~~a~ly s~~pu:ated to be pa:d on suth day, anything in sa.d prom+ssory ~ote or in this ;~lortgage to Ihe contrary norwithstanding; and thereupon or lhereafter a1 the option of s+ld MORTGAGEE, w~thout not~ce or demand, su~t at law or in equAy, therefo~e or thereatter begun, may be proaecuted as if all moneye secured hereby r._d matured pnor to ~ts inst~tution. 7, ihat in the event that at the beginn;ng of or at any time pending any su~t upon this Mo~tgage, or to fo?eclose it, or to retwm it, o? lo enforce ~.iYmero of any cia~ms hereunder, said 610RTGAGEE shall apply to fhe Cav~~ having ~urisd:ttion Ihercof 1or the appo~ntment of a Receiver, svch Court shall f~:thwith appomt a receiver of said mortgaged pro~rty aN and s~ngu(ar, incl~d:ng a:I and s~ngutar the inco,~~e, profits, issues and revenves fiom whatever sc.•ce derive~, each and every of wh:ch, it be~ng eapress~y unden~ood, ~s hereby mortgaged as if spec~f~calty set forth and describrd in the granting aRd habe~dum clauses hereof, and such Recei~er shaii have au the br~ad and effect~ve funu,ons and powers in anywise entruste~ by a Co~rt to a Receiver, and :"h appoinrme~v shatl bc rr.ade by such Court a: an adminrd equity and a matter of absolute r~ght to said MORTGAGEE, and witFwut reference to the .c_~yuccy o~ inadequacy o+ 1he value of the property mortgaged o~ to the so•vrncy or inso!venty of sa~d MORTGAGOR or tht defendanis, and that such ~e•,n, profits, income, iswes and revenues shall be app~~ed by such Recei+er accord~ng to the tier, or eq~ity of said MORTGAGEE and the practice of such Co~rf. 8. To duty, promptty and fully pe~form, d~scharge, execute, eftect, complete, compty with and abide by each and every the stipulations, agreements, cond:tions and covenants ~n sa~d promissory nore and this morrgage set forth. 9. That in the event the owner:hip of the rr~rtgaged prem~ses, or at~y part the~eof, becomes vested in a perwn other than the MORTGAGOR, the .'.ORTGAG.E, irs successws and ass~gns, may, without nonca to the MORTGtiOR, deai wi~h such successor or successor in interest with refe~ence eo thes ~ o•~gage and the deb~ hereby secured in the same me~~ne~ as w~ih !.!ortgagar w~~ho~t in any way vit~ating or d~scharg~ng the Mc~tgagors' liabi~ity here- ~^.der or upon the drbt hereb~ secured. No aaie ef the Frem~ses hereby mortgaged ard no iorbea~ante on the parl ol the IAORiGAGEE or its successors c~ ess~gns and no extensio~ of the time io• ti:e payn~ent of the debr he~e!,y secured given by the ~J~ORTGAGEE ar its wccessors or ass:gns, al~ail operate ro re!eose, d~scharge, mod~fy change or a4fect the origmal I~eo,ihy of the MORlGAGOR here+n, either in whole or in part. 10. It is spec fically aqreed th.at rirne is of the esse~ce of this cororact rnd that no waiver of any ob!~gat~on hereunder w of the obligation se- cur~d hereby sha:i at any time th.•reafter be hrld to be a wa~ver ef the terms hereof w of the instrument secured herby. I l. In add.t:o~ to rhe fcrego ng ~r.onth[y },ayments of p~inc pai and i~~rerest reqored by the prom:ssory no!e sc::,red hereby, mortgagor eovenams d agr:es to pay to mo-lgagee v.iih rach mon+h:y pay :ent an atid~riunal sum est~~•ated by mortgagee to be eqvai to 1/ 12 of tne an:wal cost of the fol{o:v- A-AU ~eal prope~ty taxes ~ev~~d or 355_SS~`CI ag3i~~st thc acove desaibed real estate. i B- P.~:c~,,~ns en fre and v.:rdstor•.: mswa:.ce as hera~n req~.~ed to 6e carr~~ d on the ~mproveme~ts s~tuate on the a~aove d=scr~bed premi:es. ~ C-P~emivn~a on such mortg~ge gvarar.ty inwra, ce as mo~t~ag?e sha~l from t:me to time deem f~t to tarry on the loan sewred hereby_ ~ Mortgagee sha:f t:om ti:ne to time not;4~ mc*tyager in writ~ng of the a~nouo+ due and payable hereunde~ and such wm shall thereupon be dve and ' :~~;ble on the d~~e da!e of i%e next mo•,th:y payn,•rnt and eath successne mooth thereaiter uctii mortgagee shall noGfy mortgagor of a change in such ~~.unt. Such su•ns s~~~',~ !~e a,~i~:ied by~ mottgdg•_e ro~va-d the pay~nent of-reat property taxes, insurance prem:ums, and mor~gage guaranty insurance ~ ~.~~~~miums. ~ IN ~'~ITPIESS :"JHER~OF, ti~e sa~d K10RTGAGOR has h~reunto set h~s hand ar,d scai the day and year first afor aid. ~ t ~ Signed, Sealed ar.d de~iv ed in the prese~ce of: , _ f ~ al) 4 s rlin Ro er o a sin le~~ult ~ • - (Seaq $ • {SeaQ ~ - ~ 5: A1E OF FLORIDA ~ 55. ~ COUNTY G: St • I!UC1@ ~ ~ _ Marlin Roger Cook, a single adult, ~ Befwe me personaily appeared ~ N1SZOffl, to me wefl known and knorvn to me to be ~ rhe ind:v~dual described in and who execured the ~oregoing instrumero, and acknowledged before me that he executed the same fw the purposes therein expressed. ~d~hlsef~ ~ - ~ ~r~erof~M~seia - ~y~rs~epasate.and~irsit~ ~ r.+!rrAnMlen~~rR-yef~2irf~p~~?a~a~dwpe~l~rew~-he+~s~diiesbawd,~kwe+.liiJ~~o.w~i~f~r~~»~Mt~si~~~ew~ei~aid.i~alrrr~l.~cerlyia~~Lra~ Mn~Tend-tiw*s~?~r.~twwpviwww~vwscr~w.tr~ ~M1r~~M~rlw~~l4i~d.kl~~~~ ~ Y11TNE55 my hand and official seal thfL. ~ day ~YCh A. D. 19~4_ ~ / ~ / Notary Public in and for the ate of Fbj a at large My Comm:ssion expires: n _ ~'y~ - ~'7 '~i~ Return To: First Federal Savings b Loan Associatlon , ~ - Of Fo~t P.erce • ' ~ 4 ~ ~ a•~~iP.OE~ , ~ ' , Fori P~erce. FloriJa f~L~C - ~ . ` J . _ ST. ll;C': " (~UNTIf FU. ~ ~ - . ~ F;;.. - . },=aAs l ~ _ . _ ~ ~~~a~, ..±ti COURT 1, r•.-..• ~ -;r _ . Rf^rc: t+`' • , ` * - , t' This Ins!rument Prepared By J. H. Roberts ~ JY. - - ~ - First Federal Savings & Loan Association Q . of Fort Pierce Rlor ida MAR ~ 3 u 4~ A~ • r ` ~ ~ L. :~0.~`_-•:......• Checked By 2~US~ ri[ L'. ~y ~ G„ ~ ,r..,,: . . . ~ ~ 224 F~~ ~E 25G3 . - ~a s ~ -vP _ .4, _ - J x.-' Y~S`~ L ~ ~,.d+ Sx' .f.~ ~ ~ . ~a, Y~. ~ ~.L~~ Y ~f-~'v T""€'~ M ~g31 >.vi ~ ~ °Y..~ Z~,~,+t~` - ~ ~ ~,r 7:: s n~ 3a'~~ ~.~~~:€`,"_~~,~~~.F^`~ ~..:_.~?'~.f..-.::.:: --'y~'-"., _ _ ._jk".~. ..._~'.F