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Home My WebLink About1328 3. To plac~ and continuou~ly k~ep on tF?a build~nps ~ow w hereafta sitwte on iaid I~nd and on sll equ7pment ~nd penonally covered by thif mortg~ • p~, with all premiums thtreon p~~d i^ fu~6 lire insuranc~ in the usual st~nda~d poliq fum. in ~ t~m approved by tM MORTGAGEE, and winditum insurance in tM ui~+l ~t+~dard policy (am, in a sum app~ov~d by t1e MORTGAGEE, {n tuch company or compa^+N aa 1M MORTGAGEE m+y t directj ~nd aU ('u~ u~d wir~storm ir?turanu pol~i~s on +ny of s~id buiWinfls, ~ny Intenst thenin w p~rt the~eof, in the a~reyat~ wm afa~uid or In ~xctss thereof. sAalt contain tht ~swl ~landard ma~y+pe~ cl~us~ a suth o~lwr c1auN u tM Mortp~yN m~y rpuir~, makiny tM lou ui+der ia~d po1F ( c~s. each u+d ~very. paYabl~ to said MORiGAGEE af itf intanl m~y ~pp~a~. and each and ~very such policy ~hall b~ prompfly ~u:p~ed arxl delivered to any held by said MORTGAGEE ~s f~rthe~ security to said ma1p~ debt, aod, not I~u ~h+n ten (10) days in ~dvance of tha expi~+tion of each policy, to da liva ro sald MORTGAGEE a ~tnewal IM~wf. topelhK with • rK~ipt fa tM pnmium of tuch renewalj ~nd tMr~ ~h+ll be no f3rs or winds~orm insuranct placed on ~ny of taid buildinps. ~ny internt tMrein w p+rt the~eoi, unleu In tM form u~d with ~M los~ p+yable as afaesaid; u~d in tht evMt any ium of nwn~y becomes payabla unde~ iuch policy w po~ic~es s+id MORTGAGEE shall haw tM option to raceive and apply 1M same o~ +cca+^~ of the indebted- ness sKUred Fx~eby o? ro permit said MORTG.AGORS to rKeive and us~ it q any parl the+eof fw othcr purpose~, ~vithout th:reb/ waiving or ~mpair- iny any eq~ity, lia~ w ri9M ve~der or by virtw of thii mortg~e; +nd in 1M wN+t said MORTGAGORS thall ta any reasa~ tail to ke~p the s+7d We~^~ses so ir+swed, a 1ai1 w d~liver pianptly ~oy of said politi~s of inwrant~ to said MORTGAGEE, a fail promptly to pay fullY +^Y Ws"~ium theretor or in anY, • retpect f~il b pNfam, diuhug~. ~xacuts, effed. tomplets. comply with and ~bid~ by tha covensnl, or ~ey part hHeof, said MORTGAGEE may place and . paY fw sucl~ insuranc~ or ~ny p~rt thKeof without w~ivirq or sfiecti~q ~ny optan, li~n, p~rity. w riyh~ unde~ w by virtw of this Mortgsye. and the f~ll ~mount of each ~nd ~vtry such paym~+t shall be immediat~ly dw and psy+b~e u+d sh+ll bssr intaest f~om ths dat~ thereof until paid ~t th~ rat~ ot nine per centum per annum ~nd fogether with such interatt shall be secwed by tM li~n of this mortpape• 1. To permit, conunit or wfia no wuh, lmpairment or dete~ioration of said propary o~ any WA ti+ereof. S. To pay all and sitgulat the costs, th+rges and expenses, includinp a reasa?~bk attoroty's fee ~nd tosts~of sbstrads of title, IrKVrred w p+id ~t eny time by said MORTGAGEE, beuuse w in the ew~?t of the (ailwe on ~hs p+rt of IM t~id MORTGAGOR to dvly, promptlY ~nd fully perfwm, d~xharg~, ~ execvt~, eifect. campleq. comply with ~nd ab:de by each ~nd every the stip~iaf~ons. agreements, coeditions. ~nd cove+~+nts of s~id pra~vuwy note and thu mortyape ~ny or aths~. and said coats, cMr9es and expenses. lKF1 A1K~ QVQfy, shall b~ immediately dw ~od psYable; whether w not there be no~ice de~ mand. ~ttempt to colktt or wit pendin~: and the full amo~rM of each snd everY uxh P+Yme^1 shall beer intersst from tM date tF?ereof until p~id et Ihe rate of nine per ceMum per annum; and all said costs, charges snd expenses incurred or pa~d, togelFwr w~1h such intereit, shall bs iecured bY the lien of tfiis mortpay~. Q Th~t (a) in the event of any breach of this Matgsg~ w default on the pan of the MORTGAGOR, or (b) in ths event ~~y of said sums of nwney herein referred fo be not prompfly ar?d fully p~id within Ihirty (30) days nex~ after the same severaNy becane due +od WYabk. without dem+nd or nofite. or W in the event each +nd every ~hs stipulatwrw sgreements. cond~tEons and coven+nn o( sa~d promiuory nots ar+d th~s mortgs~e sny a ei~her are no1 ~uly, promptly and fully perfwmed, d~scMrged, executed, effected, completed, complied with and abided by, the~ in either w anY such evem tM said aQ g~egste wm mentioned io said promiuory rate lhen remaining unpaid, with interest accrued, and all moneys secvred hereby. ihall betome dw and p+y- abte fathwith, or thereafte., at the option of said MORTGAGEE, ~s fully and completely ss if all of the taid wms of monay were a~ginslly stiputated to be paid on such day, anything in said promiuory note w in this Matgage to the contruy notwithstu?ding; and thereupon o~ thereafter al tht option of said MORTGAGEE, without notice or demand, suit at !aw or in pu~ty, therefore w thereafta begun, may be p?osecuted u if all ma~eys secured he+ebY had matured pnor to its institutioe. 7. Tha± In the event that at the begim+ing of or ~t a~y time pending ~nY suit upon this Mo~tgage, w to fwecloae it, w to reform it, w to enforu payment of any daims hereunder, ssid MORTGAGEE sMll apply to the Court hsving jurisd~thon inereoi #or ii~e appair~tn,e~~i ~f : ~rie:~~:, s"..:~~ C~~~' forthZvith appoiM a receiver of said mortgagrd propertY a~l and singular, includ~ng all and singul~r the income, p~ofits, iuues and revenues from whatever source d~rived, each and every of wh~ch, it being expressly unden~ood, is hereby mortgaged as if spec~fiully set fath and dewibed in the ~ranring and habendum ctauses hereof, aru! such Receiver shall Mve all the broad and effective funct~w~s and powers in anyvrisd entrusted by a Court to a Receiver, and such sppointment shall be msde by such Cov~t as an admitted equity and a rt++tte~ of absolute right to s+id MORTGAGEE. and without refercnce to the edequacy or in~deqwcy of the vslue of rhe property mortgsged or to the sowency o~ iosolvenq? of said MORTGAGOR a the defendanq, and that svch f renrs, profits, income. iuues and rerenues shall be applied by such Receiver according to the lien ot pviry of said MORTGACaEE and the practice of such CouA. B. To duly, promptly and futly perform, dixhsrge, execute, effect, complete, mmply with and sbide by each snd every the stipvlatioos, agreeme~+ts, { conditarn and coven+nta in said promiuory note and this mortgage set fwth. ~ 9. That io the eveM the owr+enhip of tix mortgsged premises, a any pa?t thereof, becomes vesfed in a person other than the MORTGAGOR, fhe ~ MORTGAGEE, its successors and suigns, may, without notice to thc MORTGAOR, deal with such successw or u+ccessor in interes~ with reference to this mortgage and the debf hereby setured in the ssme manrier as with Mortgagor withovt in a~y way vitiating w dixhargir?g the Mortgagon' liability herr under w upon tMe debt hereby secured. No a~e of the premises hereby mortgaged and no fwbear~nce on the part of the MORiGAGEE w ita successors or auigr?s and no extcnsion of the time for the paymeM of fhe debt hereby secured given by the MORTGAGEE or its successors or assigns, shall ope?ate ro release, discharye, modify chsn9e or affect the orig~nal li~bility of the MORTGAGOR herein, either in whoie w in part. ; 10. It is specifically agreed that time is of the essence of this contract and that ra waiver of any obligaYwn here~oder or of the obligation se- j cured hereby shsll at any time Ihereafter be heSd to be s waiver of tFx terms hereof w oi the inslrument setured herby. i r I1. In add~tio~ to the fwego:ng monthly payments of pri~c pal and interest required by the p?ort+iuo~Y ~o~e secured hereby, mortgagor covens~ts ; and agrees to pay to martgagee with each monthly payment an add~~ional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- > ing: ` A-All real property taxes levied w assessed against the above described real estate. B-Premiums o~ fire and windstorm insurar.ce as herein requ:red to be carried on the improvements situate on the above described premises. C-Premiums on wch mortgage guaranty insurance as mortgagee shall from time to time deem fit to tarry on the loan secured hereby. Mwtg~gee shall from time to time notify mortgagor in writing of the amount due and payable hereundes and suth wm shall thereupon be due and j payable on. the due date of the next monthly payment and each succetsive mo~th thereafter until mortgagee shall notify mortgagor of a change in such amou~t. Such svms sF.all be applizd by mwtgagee toward the payment of real property taxes, insurante prem.ums, and morigage guaranty insurance I premiumi. ~ IN WITNESS WHEREOf, the sa~d MORTGAGOR hss hereunto set his hand and seal the day and year first sforesaid. I Signed. Seakd and delivaed in the presence of: ~ _~Q..f ~x t~0 - ' n - ~ ~ ~ ~D ~a~ ~ rs~si~ ~ STATE Of FLORIDA ~ ~ S5. couNnr oF ~i.t - LC IS ~ Herna?n Hall ~ .,,d ~ : Befwe me perwnally aQpeatFd t 1i611a • his wife, to me wetl keawn snd known to me to be ; rhe individuals desuibed in and who executed the foregoiny instrume~t, and acknowkdged befwe me that they executed the same for tF?e purposes i therein expressed_ Md the sa' ~lla M. ~11 wife of tFx said ~r~~ ~11 vpon a sepsrate and private examinatan by me take~ separate and apart f~om her said husband, ackrawledged to and before me that she e:ecuted said instrument freely and volun- tarily and without any compulian, constraint, ~pprehension, ot fesr of or frwrt her ssid husband. ,'4 WITNESS my hand and official seal thiL day of A D. 19 Notary Public ' end or the State of Florida at LarQe- - My Commission e~cpires: - . - , Retvrn Ta r•~~ ~ ~ . nnm!+A 0t U1RGt `~~.t~1M{(li((~;~~~n . i` . Fint Federal Savi s d. Loan Association . ' . _ . Of Fort P~erce. ~ . _ , ; : =.c~ i;,ii. 7. 1977 .r\~~~; S' ~+J -~j, + . L~iww 4f hiiloilC.~fl 4it1iE(: ~~lii~l ~1 :~~Q ~~.N~~•'~ r fort Pierce, Flwida ` ~ ' ~ ~r - i ;~82098 = : ~ . ~:~.,r~,.. . ~a~;~-~ .~'"r.~:d_ This Instrument Prepared By Rf Ch3Zd K. ICdyes F~EO ANG RECbRDEO "O j.., a: o~ ; First Federal Savings b loan sou t' n S~. UICIE COUlITY flA- = o et; 4~~ ; . of Fort Pierce ~~~r~~ ROGE~ ~'1~TRAS - . ; ~~CUIT COURT ~ ~5~~'••.... • ' ~ . CIERK C'~ ~ Checked By. ~ Rf.C~RO YE?:~IED~..~.~~ ,'/~j~/k ~i~STi1~4'`~~~~~. ~ ~o Za sH ~z~ BOOK 2~~ PACE~c~~s - - - - - ~...Fw . x. - K . ~ _ .v ~ ~