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Home My WebLink About2569 To ptace a~d con~inuoutity keep o+~ u.e tw~~d~u9s ~ow o~ heroafte~ ~itva~e on sa~d land a~d on al1 equ~pmen~ +nd personally coYr~ed by lhiti mortg- ~g~, wi~h •I! premiumf thrrcon pa~d in lull, lire insuranta in ~hs ~suat standerd po~icy form, in a tum ap{xovtd by Ihe MORiGAGEE, a~~d winditorm ~ns~~anc~ in ~M uswl uanda+d pol~cy iorm, in a sum •ppro~ed by ~M MORTGAGEE, in such compa~y a ca++P~^~es as ~he MORTGAGEE may direc~; ~nd all fiia and windstorm iniura~+ce policiaf on any of ~a~d build~nps, any intere~~ therein o~ p+rt thareof, in ~ha aggrega~e sum ~fore~a~d w In ~xcesf thereo(. shall contsin Ihe usual standard mor~yage~ clause a~uch other tlaus~ as Iht Morlqagee m~y ~equ~r~. maYin9 1he loss unJe~ sa~d po1M ciei, e~ch a~d ave~y, payable to said MORIGAGEE as ~ts intrrrst may appea?, a~d each and eve?Y such poi~cy shall be promptty asa•yned and de~iverrd ~o any held by wid MORiGAGEE as tu~~her securily ~o sa~d mwtgsge deb~, and. ~ot les~ than ten (10) days in ad~ance oi the eap~~ation of rsch pol~cy. ~o da ~ livt~ to ~sid MORTGAGfE a reruwal thareof, toge~her with a rece~pt iw the pramium of tvch re~ewal; and there ~hall be no fire or winds~o~~n insuronte ' placed on ~ny of sa~d build~ngs, any intarest tFxreie o~ part the~co~, u~leu io the form and w~th ~he losi paYable ai aforosaid; and in the eveM anY fur^ i of money becomes payab~e undrr such po~icy w po~+~~e~ said MORiGAGEE shall Mve ths optio~ to rece+ve and apply the same or. accovj~~ o( Ihe indrbted~ , ~ess secu~ed hsreby oi 1o permit uid MORTGAGORS fo receive and uss it a any part thereof fa other purposes, ~v~~hou? ~h_r~ i» .v~~~i~~3 0~ ~~~~pa~r- ; i~y any equ~ty, lien w ~~gh~ v~der w by virtue of this mo~tgage; ~nd in ~he event sa~d MORiGAGORS ~hall for any reasw+ iail to kecp the sa~d p?emi~~s so ~ insu~ed, ot fail 1o defive~ promp~ly ~ny of said policies ot insurants ~o ~aid MORTGAGEE, w fail promptly to pay fully any pre~n~um the~etor a in a~y ' respect fail ~o perfwm, dlscharge, exrcute, eifec~, completr. comply wi~h and abide by tAii tovenant, a sny part hereof, iaid MORTGAGEE may pisce and~ . pay fw :uth insurance a a~y part thereof wi~hout waiving or •ffedinp any option, lien, equity, w tight under or 6y virtue of this htortgage, and tht full amount of each and every such paymenl shall be immediately due and payable snd shall ~esr intaest from the date thereof until paid at the rate of n~ne per centurn per annum and togethrr with iuch interest shall !.-e secured by the lien of fhis rtwrtgage• To permit, commit w suffer no waste, impairment w deterioralion of sa~d property w any part the~eof. 5. To pay sll and singular the costs, charges and expenxs, ~ncluding s reasonable attwney's fee and cos~s of absnads of ti~le, intu~~ed w_paid at any time by said MORTGAGEE, because or +n the event of the tailure on the parl of the said MORTGAGOR to duly, promptly and fully pertwm, d~xharge, :xecuts, eifect, comp~ete, comply with and ab:de by each and eve?y ~he stipula~~ons, agreements, conditioni, end covenants of said promisiory note and this more9age any o~ either. and sa;d cosh. cha~ge~ and expenses. each and every, shatl be immed~ately due and payable: whether a not there be ~o~ice do- mand, a~tempt to collect w wit pend~r+gj and the full amount of e~ch and every such paymem shall bear interest from the date thereof umil paid at the rate o~ nine pe~ centum pcr annu:n; and all aaid cos~s, charges and expenses incurred w pa~d, logrthe~ with such interest, shall be setured by the lien of this mwtgaga. b. That (s) in the event of any breach of this Mort~age w default on the part of the A10RTGAGOR, or (b) ~n 1he event any of said sums of monry herein ~eierred 1o be not promptly arxl fully paid within thirty (30) days neat afte? the same severatly become due and payable, without demar.d or notice. or (c) in tha event each and every ~he stipulations, a9reements, cond~tions and covenants of sa:d prom~~sory note and th~s mwtgage sny or e~ther are not ~uty. Promptly aod fully performed. d~scharged. executed, etfec~ed. completed. compGed w~th aod ab~ded yy. then in e~~her or any iuch evem the said ag gregate sum me~tioned in said promisswy note then remaining unpaid, with interest accrued, and aN moneyt secured heteby, shall betome due and pay- able forthwith, or thereafter, at the option of said MORiGAGEE, as fully and complete~y as if all of the said sums of money were or~g~na~~Y stipulated to be pa~d o~ such day, anythi~ig in said pro~nisswy note w in this Mortgage to the tontrary not.vithatanding; and thercupon or thereafte~ at Ihe op~~on of sa~d MORTGAGEE, without notite o~ demand, suit at law or +n equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby hed matured pnor to ds institution. 7. That in the event that at the beyinning of or at any time pending any suit upon this Mortgage, or to fweclose it, or 1o refwm it, or to enforce payment of any claims hereunder, uid MORTGAGEE shall apply lo the Court having jur~sd~ction thereof for the appo~ntme~t of a Receiver, such Court ahail forthwith appoin! a receiver of said mwtgaged property all and singular, includ~ng all and singular the income, p~olits, issues and revenues from whatever source derived, each arul every of wh~ch, it being exp~essly unde~sfood, is hereby mwtgaged as ii specificalty xt fo~~h and described in the granting and habendum cla~ses hereof, and such Receive? shall have all the broad and eiiective funu~ons and powers in anywise entrusted by a Court to s Receiver, and s~ch sppoinrment shall be made by such Court as an ad:nitted equity and a ma~~er of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequaty of the value of the property mortgaged or to the so~vency or inso~vency of sa~d MORTGAGOR w the defrndants, and that such renfs, profits, incane, issues a~d revenues shall be applied by such Receiver according to the lien w equity of said MORiGAGEE and the practice of such Court. 8. To duly, promptly ar+d fully per(o~m, discharge, execute, cffed, complete, tomply with and ab~de by each snd every 1he stipulations, agreements, condiuens and covenants in sa~d promissory ~ote and this mwtgage set forth. 9. Thnt in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a persan othrr than the MORTGAGOR, the MtJRTGAGEE, ets successws and assigns, may, without notice to the MORTGAOR, deal with such successw w• successor in interes~ with re(erence to this mor~gage and the debt hereby secured in the same manner as with Mortgagor without in any way vit~ating or dixharging the Mortgago~s' liability here- under w upon the d~b~ hereby sec~red. No sale of the premiscs hereby mortgaged and no forbearance on 1he pan of the MORTGAGfE or its successors or aas~g~s and no extension of the time fa the paymen? of the debt hereby sec~red give~ by the MORiGAGEE or its successws a ass'~gna, shall operate to release, d~scharge, mod~fy change or aifect the original liab~tiry of the MORiGAGOR herein, eitner in whole w in part. 10. tt is specifically agreed ehat time is of the e:sence of this confract and that no waiver oi any obligation hereunder w of the obl'gatwn sr cured here6y shall af any time thereafter be hetd to be a waiver af the terms he+eof or of the instrument secured herby. 11. In add~fio~ to the fwego:ng monrhly payments of prir.c pat and interest required by the p~om~ssory note sewred hereby, mortgagbr covenants and agrees to pay ta mortgagee with each monrhly payment an addi~ional sum est~rt~ated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~ng: A-Atl real property taxes levied or asseszed ag~~•~st the above described rea) estafe. B-Prem:ums on fire a~d windsrorm ir.surar.ce as herein requ;red to be carried on the improvemenfs's~tuate on the above described premises. C-Prerniums on such mortgage guaranty insura~~ce as mertgagee shall from time to time deem fit to carry on the loan secured hereby. ' /~ortgagee shall f~om time to time notify mortgagar in w.iting of the amount due and payable hereurtder and such su~r+ shall thereupo~ be due snd ~:ayable on the due date of the neat month:y paymeM and each successive monrh thereafter ur.til mortgagee shall notify mortgagor of a change in such a•»ou~t_ Such sums sfall 4x applied by morrgagee tov.ard the payment of real property taxes, insurante prem:ums, and mortgage guaranty insurance ~ p.emiums. . ~ IN WITNESS WHEREOF, the said MORTGAGCR has hereunto set his kand a~d seal the day and year first afwesaid. C ~ $igned, Sealed and delivered in the presence of: ~ , f I~.EO AND 5~~~~ s~a0 ~ ~ J • ~ ¢?.tU61E CQ L. R~t (Sea4 i10CER ~QI«? ~ ~ : ~ ~ ~ ; . , 7 ~ CLERK Ct~tCW1 60~R~ • ~c. c_ ~ (Sea~ RECaRD ~~~'F~~d Roberta Ritchey STATE Of FLORIDA ~ I ~1~ • _ COUNTY OF St• LtlCl@ ~~~~S4S Before me personally appeared Don L. Ritchey ~ and Roberta R~tCll@Y his wife, to me well krwwn and known to me to be the individuals described in and who executed the foregoing instrument, and atknowledged befwe me that they executed the same fw the purposes therein expressed. And the said Rob~Yta Riteh~ ~ ,~ife of the said n L• R tC~l@y upon a separ~te and private exarninstion by me taken separate and apart from her said husband, atknowledged to and before me that she executed said instrument freely and volurr rarily and without any computsion, const~aint, apprehens~on, or fear of or from her said hYsbai~l ,74 Ap A. D. 19 WITNESS my hand and officiai xal this ~5-tk- da f L ~ ~ ~ Notary Public in and for the ate of F ida at large ~ My Commission expires: /c~.-~9-'7a~ n= Retum To: ~ Fint Federal Savings ~ loan Association . • ~ ~ O( Fort Perce. J~~~itill~~J:~. ' ' i Fort Pierce. Flo~ida ~_y_1 _ '~4~~., ; ~ i~ 6 t,~~ ~ ~ This Instrument Prepared By J. H. RobeZtB JY. = First Federal Savings 8 Loan Association '{j= of Fort Pierce, Flor ida 33450 t~ a r _ ;i p`;•.,' - :'~-~r .i~ . ~ • ~ sE Checked BY ~ ~ ~ ' ~ GRiL'~!~~,'-; _ i '}4;;~~ a~~ 225 ~E 2563 ~ ~ d ~ ~ , , ~ : - - _ - - - 3 . ~ 3^r tA_ , 3.~ ' ..+'~y~ , _ 3 - .^L' ti. _ ~~m .vi... ~?i.^.~M+r~~:.~~ . . . , .ce' . _ -