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Home My WebLink About1086 To plac~ a~+d conti~uously keep on the bu~!dingi now or he~eaf~er situate on ssid tand and on ~II eq~~P+ne^~ and pena+ally covaed by Ihii morlp~ age, wi~h all premiums the~ea? p+~d in tull, fire insurance in the usual ~~andard po~icy fwm, in a sum ~pproved by Ihs MOR(GAGEE, ~r~d winds~am ~nsur~nc~ in tM viwl ~»ndard po~~ty (orm, in a aum spp~oved by the MORTGAGfE, in wch compaey a companies as ~h~ MORTGAGEE rrNy d~recl; a~+d all fir~ ~r+d winds~orm insurance policie~ on any of •aid bu~~d~ngs, any intereal the~eln o+ p+rt 1Mr~oF, in tM ay9re9~~~ wm ~fw~said a in eacess ~hereof, shall conta~~ ~he usual s~andard mortgagee clau~e o~ such oiher clause as th~ Mw~9ag~s may ~cqu~r~, makin9 th~ Iou v~dcr sa~d Po~~ ~ cies, tach and eve~y, payable to said MORiGAGEE as its inier.:it may appear, and each nnd eve~y such po!icy shall be prompllY ass gned and delivered to ~ eny held by said hWRTGAGEE as furthar security to said mortgage dabt, and, not tess ~han ten (10~ days in advance of tM exp~ration of eath policy, to da I~ver to said MORiGAGEE a renewal thereoi, ~oge~her with a receipl fw Ihe prernium of such ~enewal; and lhere shall be ~+o fire or wi~dsto~m insur~nc~ pleced on any o1 said bvildinys. any interest Ihereio or pa~t mereoi, un;rss in ii~c fo~~~~ ond w;th tha ::.ss pay.:~!r as a(^resa~d; and 7n tM evenl any ium f of ~non~y beca»ea payable u~de~ such poficY w po~~ues uid MORTGAGEE shall have the op~w~ to reteive and apply ths s+me a? accoun~ of tM i~debted~ _ nrss secured hereby o+ to permit said MORiGAGORS to receive and ~u it or any pr.+t the«wf ior o:ner purposes, wiihout th:reo~ wai~in~ or ~~npair- ~ ing any eq~ity, lie~ or ~~ght under a by virtue of th;s mor:~age; +nd :n the event w~d MORiGAGORS shall ta aoy ?easoo fail to keep the sa~d p~emiies so ! ~ insured, w fail ~o dei~ver pianptly a~y of s~:~ pol:cies of i~:usance to aaid MORTGAGEE, or f~~t promptly lo p+y fulty any premium therefw a~~ a~Y t rosped fai~ to perlwm, dacharge, execufe, ef~nd, tanp;ata, caTply witfi and abidc by Ihis cavenant, or any part hereoi, said MORTGAGEE may p~~te +~d ; ( pay tot such ins~rance or any part thereof without wa~ving or afiecting any opt~on, lien, equity, or right under or by viriue of this Mortgage, +nd 1ht f.,ll amount of each and every :uch payment shalt be immediatety due and paYablo and shall b.:ar interest from the dale thereof uroil paid at the rate ol ~~:-.e per centum pe~ annom and to3ether .vith such ~nte+~st shaii Ge secured by the Gen of this mwtgage. 1. To pe~mil, commit w w~fer no waate, impairment or deteriorat~on of said property w any part lhcreof. 5. To pay ell and s:ngulw the toats, charges and expenses, includ~~9 a reaaonable attorney i fce and costs oi sb~tnds of titls, intur~ed w pa~d any time by said MORTGAG:E, because ~.r in the event of the ta~wre on the part of the seid MORTGAGOR to dvly, promptly ~nd fu~~y pe~~otm, d~uharge, -xecute, etfect, complete, comply with and ab;de by each and every the stiputation~, agree+nents, conditions, and covenanb of said p~anissory note and thi~ „orrgage any or e7ther, and u~d costs, cha~ges and expenses, each end Qvery, sL•eIi be immrdia~ely due and payeble; whether w not ~hero be rwtice de . ~nand, attempl to tollect or suit pend~ng; and the full amount of each and every such payment shall bea~ interest from the date thsreof unlil p~id H tFK ~ of nine per cantum pe~ annum; and aU sa~d ccsts, cna~ges and ex~nses ~ncurred or pa~d, togethr~ w~th such interest, sAall be setured by the lia? of thii rnorlgage_ 6. That (a) in the event of any breach of this Mortgage w defavlt on the part of ~he MORTGAGOR, or (b) in the event s~y of said wms of rtwney herein referred to be no1 promptly and fully paid wi~hin thirty (30) days rtrxt aiter thc same severally become due and payaWe, without dem~nd or nolite, er ;c) in Ihr event each and every the stiputations, ag~eements, cond~tions and covenanfs of sa~d promissory note and this mwtgage any or either ars not jvly, promptly ar.d iu~ly performed, d~scharged, executed, effected, co~npfeted, compt~ed with and abided by, ~hen in either w any such event the said aQ~ ~regate sum mtmioned in said p~om~ssory note Ihe~ remain~ng unpaid, with ioterest acc:ued, and all moneyi setured hercby, thall become due and pay- eo e forthwith, w thereafter, at the opt;an of said 1~10RiGAGEE, as fvlly and compietcly as i1 all of the said sums of money we?e wiginally stipulated ro be paid o~ such d.:y, anything in sa:d prom~ss~ry note or in th~s Mort~aye to the con~rary notw~thstanding; and thereupon w thereaiter ~t the option of sa~d MORTGAGEE, without nonce or demand, su~t at i~w or in equdy, tiir.efure or ther<aiter beyun, may be prasetuted as if ill rtwneys setured hereby n:d matured pnor to ~ta institution. 7. Thar in th event ihat et the beginning of or at any time pend~ng any su~t upon this Mortgage, ot to faetlose if, w to reform if, o? to enforce ~ aymem of any c+~:ms hereueder, soid MORTGAG__ sha!I app~y to the Govrt having ~u•~sd,ction thereof fw the appoiMment of ~ Reteive?, wth CouA shsll iv~!h.vith appr.inl a recei•:er of said rt~origag_d pro;:e:ty a:i and singv'ar, ~nci~d.ng a~I ar~d s~n~utar the inconu, pro(its, iasuM and tevenues from whatlver sc~.;•ce de~ived, each and every ef wh:ch, it being e:apre:s~y vnders~ood, is herri,y morageged as ii speu(ically set fath and deseribed in tix grenting and h,i~endum ciauses hereoF, and wch Receiver shai{ ha.e all the brcad and efic<r:+e furr.:o~~s and powen in anywise entrusted by a Court to a Receiver, and :_ct~ appointment sfiall bc madc by such ~ou•1 as ar~ ad~uittrd equi:y and a matte~ of absoiute right to said MORTGAGEE, ~nd without referente to !he a:.+ea~aty w inadequacy of the vriue of the property mortgaged or to tne so..~ncy or ;n;e:~ency o( said MORiGAGOR p 1he defendaMS, and lhat such r~~n~s. profits, income, issues and revenues shall be app~ied by such Recerver ~ccord~~:g to the lien or equity of said MORTGAGEE ar.d the prattice of such COJI}. ~ ~ 8. To duly, promptly and fully pe~form, discharge, execute, effect, compiefe, c~mpty wifh anJ abtde by each and every the stipulatioas, agreements, f :o~dl'ions and covenants in sa~d promissory note and this mwtgage set forth. ~ 9. That in the event the ownership of the mortgaged premises, w any part thereof, cecomes vested in a person other than the MORTGAGOR, the '~RTGAGEE, its successors and assigns, may, wi:hou~ no~ice to the MORiGaOR, dea: wnh s~Kh successw or successa in interest with reference fo this , o-tgage and the deb~ hereby sec~red in the same manner as with lrorrgagor without in any way vitiating d dixharging the Mortgagors' liability hert ".cier or upon the dzb? hereby secured. No saie of the Fremisea hrreby inor~gagrd and no lorkxarante on the part of Ihe MORTGAGEE or its successon ~ssigns and no extension of the time for rhe payme~~ of the debt n~~eby secured give~ by the MORTGAGEE or its tuccessas w assigns, sha~~ operale -P ~au. d:xharee, modify change or affect the orig~nal tiaul~ty of ~he 1l.ORTGAGOR herein, either in whote or in part. l0. It is speuticatiy agreed rhar t~me is of the esse~ce of this contract and thaT no waiver of aoy obtigation herevnder or of the obligation sr ~ cured hrreby sha~t at any time tlxreafter be held to be a waiver of rhe te~ms hereof or of the instrumeM secured herby. ? I1_ In addt~o~ the Forego'r.n mor,tF~'y ~:a;:n,nn o4 p:~:;cpal ond interest rPi~t;ed by the prom~ssory no!e secured hereby, mortgagor eovenants 4 ~~~:5 agrees ro pay so r.,.ortg~gee v.i!h aach ~nomh'y pa~~ ent an add riona! so~n cs~~~:ated by mortgaoee to be equal to 1/12 of the an~ual cost of the follow- A-Atl real property taRes levi~.-'. o! assessc~i ayai•ist the above described real estate. B-pr~r..~u•rs on f:rP and w;ndsse~m :r.s~•ar.ce as he~e~n r;•qu:red ro b~ ca~r~ed c° the ~mprove+nents situate on the above desuibed p~emises. G-Prerniurns on wch mortg~qe 9ua•anty ir.su~ai,ce as rnortyagee shati frem r me to time deem fit to carry on the ban secured Fxreby. i ~!artgaqee sial+ from time to ti•~.e ~onfy mo.rgagor ~n w.i!~~,g of the ar-nu~t due and payable hereunder and such sum shall thereupon be dve arx! I ,..'~!e on the due date oi the r.ext monthlf pay~nent and each successive montF. thereafter ur,til mortgagee shaH notify mortgagor of a change in sueh ~,u:+t. Sucfi sums shail tx applied by mar~gagee sor,ard the payment of real property taxes, insurance prem:ums, ai~d mortgage guaranfy insurance I •:~~r,ium5- ~ IN WITNESS WHER'cOF, e sai 'vRTGAGOR has hereunto sef his hand and seal the day and r first a id. al and elive in ce of: . +n : - . Barl . Hollar ,q - ~ ~ 1Lriu,c.cso, - (sea4 Irbnica C. I{ollar ~a~ ST.;;E OF FLORIDA ~ - u. ' 1NTY OP $L . I.11C1@ _ 1 Before me personalty appeared Sarl F. 1{OZLaY ~nd A'IOII1Cd C. Hollar his wife, to me well known and known to me to bs , a individvals described in and who exetuled the fwegang instrument, and ack~owtedged before me that they executed the same for the p~rposes ri-erein expressed. And the sai-' Moniea C• HollaY r.•`e of the sa~d - ~rl F. Hollar upon a xpsrate and p?ivale .~~'nation by me taicen separate and apart from her sa~d husband, acknowledged to and before me that she ~xetuted said instrument freely and volvo- I~ and without any compulsan, constraint, apprehens'on, or fear of or from her said husband. ~ 74 WITNESS my hand ar.d official seal this_ day of y a o. i9 rJ . " , Notary Public in snd for t ate of fbrida at larye ' My Commiuion exp"ves: `0 •'.f • ~ , ~ Resurn To: First Federal Saviogs 3 loan Associat;on [ Of Fort ~~eree. - ..t` _ 4 ~ j ~f Fort Pirrce. Fior~da ~Ep = , ; ~ LEp AND RECO~t . . , S{. ~UCIE COUMTY l~. . 1+•''. ~ . ROCER POITRAS ~ . ; OIERK CIRCU?? CdURt ; • ~ This Instrument Prepared By J. H. RobeY t~ECbfO ~ERIFIED :~~i : : i~.~ =..t_- First Federal Savings & Loan Association Q ~M f7~ : ; ; • . - : . : ~ ~ of Fort Pierce ~ FZorida ~ v Z` ~ - ~ ~ ~ ~ ~ : Q ~y~'' r ' . .1 C. ; ~ Checked By ~ ~ J _ : • • ~a.s ~ ',~~~~~~~rnn~~:t~c` 800K ~7 PACE 1~84 : "H ~ - " dz - - - - - -