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Home My WebLink About2820 To pl~c~ ~nd continuously keep on the buildi~g~ now w hsresi~N ~ituaN o~ faid land ~nd on ~11 equip~nenl ~nd ptnon~lly tovtrtd by Ihis mpl~ p~ wi~h all premiumi thereon pa~d in 1uU, fire in~urance i~ ihe uiual iu~da~d po~icy (wm, in ~ wm appro~~d by ~h~ MOR~GAGEE, and winds~am i~uru+ce k~ t1w wwl ~~arxia~d pol~cy fwm, in • wm ~pprovtd by ~M AhORTGAGEE, ln wch tomps~y w comp+n~a as 11+~ MORTGAGEE m~y direcl; u~d ~II f'u~ ~nd w~nd~~orm insunnc~ poiic;es on any of said build~ops, ~ey Inkr~st tMr~in w p+rt ~hsreof, in th~ ap~repa~~ ivm afo~esaid w . 1~ ~ac~ss ~hereof, ih+ll conuin tM usual ~tandud mwtgsge+ clauss w~uch o~ha clavs~ u tM Matp~yN may ~equu~. makinp tM io~~ unda~ sa~d po1F ciss, exh and ~v~ry. paYablt ro s~id MORiGAGEE ~s itf intere~l may appe+r, a~d each ax) evay ~uch policy shafl b~ promptly asi.yncd u+t1 dtlivered to •ny held by ssid MORTGAGEE as fur~her security to said mort9age deb4 and. not leu ~Mn ~en (10) days in adva~ca of the •xpir~~ion of each policy, to dr IivN to uid MORTGAGEE a renewal the~eof, togetha with a rateipt fw tM p~emium of ivch renawsl; s~d Ihe~e th~ll be no firs o~ windsto~m ins~rant~ pl~ced on ~ny of said b~ild~rqs. ~ny intere~t ~F?ere~n or par~ the~wf, vnleai i~ IM form and wi~h th~ loss paysbfe as afaesaidj ~~d in tM event any iwn ~ of mw~y becomes p+yable unde~ ~uch policy a polities said MORTGAGEE shall have tM op~ia+ fo receive and apply ~he same o~ +ccoun~ of the indebted~ neu secwed hereby a b pe~mit said MORTGAGORS to receiw ~nd us~ i~ or aoy pa~t fhereof for o~hor purposes, wi~hout th~~eb~ waiving or nnpair- inp any pvity, liee~ a r~ght w+der w by virtus of thii mortpage; and in ~M event s~id MORTGAGORS sMll fw any rosion fail to 4eep the sa7d pr~mues so insured, w fail to deliva promP~~Y +~Y of said policies ol insuranca to seid MORTGAGEE, ot fail prompely 1o p~y fully any pre~nium tiie~efw a in any , respect fail to perfonn, discMrge, execute, effed, compfets, comply with ~nd abids by this toven+nt, a any parl hersoi, said MORTGAGEE may pl~ce and i pay fw such insurancs w~ny p~A thereo( wilhout wsiving or affectlr?y any optioo, lien. eq~~ty. w righl unde~ o~ by virtw of thii N1or1pa9e. aod the . full amoun~ oi each u+d ewry such payment sh~ll bs irnrnediately dw +nd p+Yable and chatl bear tnteres~ from ths date thereof until gaid at the ra~s o1 nine per centum pe~ snnum and to~ether wifh such inreresr :hali be secured by the lien of thi~ matpay~. 4. To permif, corrunit w iuffN no wasfe, tmpa'ument or deteriwatlw? of said property or any parf tharaof. S. To pay al~ snd singula~ tFa costs, cF?+rges and ezpenses, includ~ng a reasonable attwney'i fe~ and costs of sbstrsd~ of titls, incurred w psid st any time by said MORTGAGEE, becauae or in the event of ths failure on the p+r! of tM said MORTGAGOR ro duly, promptly and fully perfwm, d~sch+rga. execute, etfed, complete, comp~y with and abide by each and every the ~tip~lations, agrecments, corxlitiw?s ~nd covenants of said promiisory rate and ~his mortgage any w either. and said costs. chargcs and expenies. esch and evay, shall b~ immediately dw and p~yabte: whether w not there be notice da ma~d, attempl to coIIM or suit pending; snd the full artw~M of each and eve~y such payment shall bea~ interest fran the da~e thereof until p~id ~t the rate of nine per centum per annum; and all said costs, chacye: and expenses encurred or paid, Iogefher wdh such iMtn~1, shall be tecured by 1M lien of this morty~e. ~ 6. Tha1 (s) in the evant of any breach of this Mortgs~e w default on the part of the MORTGAGOR, w(b) in the went any of sa+d sums of money herein refe~red to be not promptly and fvlly paid wi?hin thirty (30) days nexl after th~ same sevaslly becane dve and paysbl~, without demand a notice, or in the eveM each and every ths stipulations, ag~eemeMf. conditions a~d coven~nts of sa:d p~omisswy note and tFus matgape any w either are no1 iuly, promptly a~d fulty perFamed, d~scharged, executed, effected, compteted, compl~ed with and abided by, then in either or any such avent the sa~d ag grcgate wm mentioned in said promissory note then remaining unpa~d, with interest accrued, and all moneys setured hereby, shall betome due a~d pay- eble forthwith, or thereafte~, at the optiw? of said MORiGAGEE, as fully and comple~ely as if all of the ssid sums of money we?e or~ginalty supuleted to be paid on suth day, anything in said promissory note or in this Mwtgage 1o the contrary notwi~hstsnding; and there~pon or thereaftet a1 the option of said MORTGAGEE, w~thout notice a demand, suit at law or in equity, therefwe or ~FKreafter begun, may be prosecvted as if stl mo~eyt securad hereby had mawred prwr to its institution. 7. That in the event that at the beginning of ot st any time pending sny wit upon thi~ Mortgsgs, d to fweclose it, or to refwm it, or fo enforp payment of any claims hereunder, ssid MORTGAGEE shall app~y to the Court having jurisdiction thereof fo~ 1M appointment of a Receivt?, wch Govrt sMll Forthwith ~ppoint a receiver of said mortgsged property all and singuls~, intlud~ng all and singulsr -the incorue. profits, issues and revenues (rom whatever source derived, each and every of whKh, it being expressly undcratood, is hereby ma~gaged at ~f spacificalty se1 forth and destribed in the yraruing and habendum clauus hereof, and such Receiver shall have sll the broad and effective funct~ons and powers in anywise tntrusted by s Court to a Reteiver, and :~ch appointment shall be made by such Court as an admitted equity and a ma~ter of absolute right to said MORTGAGEE, srtd without refererxe to fhe adequacy a inadequacy of the value of the property mortgaged or to the solvency or imolvency of said MORTGAGOR w the defendants, and that such rems, profin, income, issues and revenues shall be applied by such Receivea accwding to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To dvly, promptly and fulty perform, dixharge, execute, effect, complete, compiy with and abide by each a~d every the stipuktions, agreements, conditions and covenants in sa~d promisswy note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any pan thereof, becomea. vesfed in a pe+son other thsn the MORTGAGOIt, the MORTGAGEE, its succeuws and assigns, may, wifhovt no~ice to the MORTGAOR, deal wiih such aucceuor w successw in ialerest with refer~nce to this mo~tgage and ihe debt hereby secured in the ssme manner as with Mortgagw without in any way vitiating w dixharging the Mwtgagors' tiabilify here- under w ~pon the deb~ hereby secured. No ssle of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no eatension of the time fw the paymero of the debt hereby sccured given by the MORiGAGEE or its sucussots or assigrts, shall ope~ate ro release, discharge, modify change or affect the orginal liab~tity of the MORTGAGOR herein, either in whole or in put. 10. N is specifically agreed that time is of the essence oi this contrad and that no wsive? of any obligation hereunder w of fhe obligation sr cured htreby shall a1 any time thcreaiter be held to be a waiver of the terms hereoi o~ of the instrument setured herby. 11. In addit~on ro the (wego:ng monthly paymems of princ'pal and interost required by the promissory note secured hereby, mortgagor covenants and agrees to pay ro mortgagee virith each monthly payment an add~tionel sum estimared by mortgagee to be equal to 1/12 of the annual cost of the }ollow- ing: A-All reai prope~ty taxes levied w assessed against the above described real estate_ B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above dasuibed premises. li C-Premiums on such mongage guaramy insurar,~e as mortgagee shatl from t~me to time deem fit fo carry on the loan secuted hereby. i htortgagee shall from time to time notify mortgagor i~ writi~g oi the amount due and payable hereunder and such sum shail thereupon be due and i payable on the due date of the next monthly payment and each successive month thereafte~ urtil mortgagee shall notify mortgagor of a change in such ~ a~~ount. Such sums shall be appiied by mortgagee toward the payment of real p~operty taxes, ins~rance prem.ums, and rtartgage guaranty insurance ~ premiums. t . ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ ~~igned, Se~ d ~nd liver d in the prexnce of: J ' ~ d~~ q ~ 5'~~rea{'~(~Ult . csNn _ ~-o - STATE OF FLORIDA t ? COUNTY OF SL I_t~le I Before me pcrsonally appesred Rn„~ax~o Wa,~a i i,~n,t,~~a rA a s~gle~ult.~ ~ ~ to me well known and known to me to bs tne individual dacribed in and who execu!ed the fwegoing instrument, and acknowledged before me that he executed the seme for the purposes rherein expressed. X~iIKwpCiGli x~~o~mwoc WITNE55 my hand and official seal this ~r _ day of A ri 1 A. D. 19~ ~ Notsry P K in and fw the ate of Flo+ida at Ls~ ~y 'u~ exP~~~: . G, /9 ~s Return To: . . ~ ~ f' ~ : . ~ First Feder~l Savin9s 6 Loan Association . :,.,..~e' • Of Fort P~erce. ti'~~~!~~~~t~~:~t's~,. ~ S'"i; Rp~ REGORDEO Fort Pierce. Florida b' : j','f . FILEO ~ 1~ ~ ' i:~+'~;,•• V`L' - ` • : sT.wc~E ~~p 1RASU ~.-::r : ~ ~ aoc~~ . ~ c~ERx c?~cu+r couaT IIE.ORD VER'f1f0 ` ~ This Instrument Prepared By Gary F. ~1~;~ - ~ . ~ ~ ~ 1~ ~ First Federal Savings & loan Association : - ' ~ ~ ' `Q ~ ~ of Fort Pierc4 Florida 33450 , `.-p ~ `V=~+ ,,,'~t~ ~ ~ . , _ . ;:c~. Checked By ~ . ' ~ ~ ' ? ~,w ~ ' ~c. ~ 8~~~i goox225 ~28~4 . ~ ' ' ; SA - - ~ : ~ - :~~.,.~~-~"`,~:w -v ~ w _ ~ ~ . . ~r_. _ . _ a ~ .