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Home My WebLink About2716 i t i this mott ~ 3. To place and continuously keep on the buf!dmgs now or hereaftx utuate on said ~and and on atl equipment and personally tovered by 9- ega, wi?h all p~emium~ the~eon pa,d in full, fire insurante in the usua{ staidard Ewlicy fo~m, in a wm approved by the MOR(GAGEE, and wmdsto~m ~ msuronce in ~he usua) ~~anJa~d po~~cy fwm, in a aum approved by ihe MORiGAGEE, in iuch company or comPa~~es as tM MORTGAGEE may d;rec~; and +11 Tire and w~ndstorm insurance pol~urt on any of sa~d buitd~ngi, any interest therein ur parl thereoi, in the aggregate sum ata~said o? ; in eacrf~ ~hereof, ihal~ con~ain the usual standa~d matgagee clause w such other clause as the Ma~gages may requ~~~, makirp ~ha loss u~der ~a~d po~~ ~ c~es, each aod every, payab!e lo said A~ORTGAGEE ae its ~n~errst may appear, and each and eve~y such po!~cY sha~l be p~omp~?Y ass gned and de~ivered to . eny held by ssid MORTGAGEE as fur~het seturity ~o said morlgage debt, and, not less ~han ten (10) days in advonce of the expira~~on of each pol~cy, ~o da ~ I~~er to uid MORTGAGEE a rc~~ewal ~he~eof, to9ether wi~h a rece7pt for the premi~m ol such reneaal; and there thafl be no fire or winditorm insur~nce ~ placed on any of said buildings, any intere~t ?here~n w par~ thcreoF, unless ~n thc ~o:~n and with the loss p+Yable as a!oressid; and in ~he event any sum ~f money becor++es paYable unde? such po!icy w pol~cies ~aid MORTGAGEE shall have ~he opr~o~ to recaive a~d apply the same on account of the indebted- ncss secured horeby w to permit sa~d MORTGAGORS to receive and use it or any pa~t the:eol tor ot~~cr pur~.~oses, v.~thout ihr~rur ~v~~v~:~g ~mpau- ing any equ~ty, I~en or right unde~ a by virtue of this mo::gage; and in ~he even~ sa~d MORTGAGORS shall for any reaion fail to keep the said premeses so ~nsured, or fail ro del~ver promptly any of said policies o1 insurance to uid MQRiGnGEE, or fail promptly to pay fully a~y p~e~mum therefor a in a~y ~espect fail to per(orm, discharge, execute, e(fect, comp~ete, co~nply wi~h and abide by this tove~ant, o~ any part hzreot, said MORTGAGEE may place and pay fw such insurance or any part ~hereof wi~hout waiving w affec~ing any opt~o~, lien, equ~t~, or r~ght under or by v~r~ue of this Matgage, and the t„~I amounl oi each and eve~y such pay~nent shatt be ~mmediately due and payablv and shaff baar interest (rom the date thereo4 until paid at the rate ol ~~,,.e per centum per annwn and to~e~her ~•iih such inter~s~ shall !ie s~~cured by the Gen of this mortgage. 1. To permit, commit or suffer no waste, impairment cx drter~orat~an o} said property w any part thereof. 5. To pay all and singula~ the coats, charges and expenses, including a reasonable alto?ney's fee a~d costs of abstrads of title, incurred w pa~d at any tin:e by said MORTGAGfE, brtause or in the event of the fa~lure on ~he part of the said MORiGAGOR ro duly, p~ompNy and fully perform, dixharge, exrcute, effect, tomp~ete, cwnply w~th and ab,de by ea:h and every the atiputa!~ons, agreements, :ondil~ons, and covenants of uid pranissory nofe and thi~ ,~~i~gege any w e~ther, and sa~d costs, chsrgea and expenses, each and every, shall be immrd~ately due and payable; whether w not thr.e be no~ke do- mand, atternpt ro tollect a suit pend~ng; a~~d the full amount oF each and every such paymem shali bear interesl from the date thereof vntil paid at the ..•c of nine per cantvm prr annu:»; and aII sald cos:s, cha~ges and expcnses ~~xurred or paid, together w~1h such interest, shall be setured by the lien o1 this mortgagC. 6. Tha~ (a) in the event of any breach of this Mortgage or default on tF~ part of the MORTGAGOR, or (b) in the event any of said s~ms of money ~ l~erein referred to be not pranptly and fully paid wi~h~n thi~ty l30) days ~ext after the same severaEly beco~ne due and payable, without demand or notice, ;-r !c) in the event each and every the stipularions, agreements, cond~tions and covenants of sa.d promissory note and th~s mortgage any w eilher are no1 1~Iy, pranptly and futly per(orrned, d~scharged, exe:uted, eifected, cornpleted, comp:~ed wi~h and abided Sy, then in either w any such event 1he said ag ~~~~gara sum nxntioned in said promissory note then remaining unpaid, with interest accrued, and all moneys setured hereby, shall become due and pay- ao e fo~thwith, or th>reaftcr, at the opron of .aid MORTGAGEE, as fully and comp!e~ely as if all of the said sums of money were wg~nally stipulated to bc pa~d on svch day, anything in sa:d pro:n~ssory note ur in this Mortgage to the co~uary notwithstanding; and tF+ereupon or tFxreaher st the option of s~:d htORTGAGEE, w~thout not~ce or demand, suit at taw or in equity, therefore or thereaiter beg~n, may be prosecuted as if all moneys secured hereby 1i r.: d malurCt~ Pf~O~ t0 itS instifuti011. , 7, That in the event that at the beg~nning of or at any t~me pending any suit upon this Mortgage, o. ro fweclose it, or to reform it, or to enforte ,,;ment of any daims hereunder, seid MORTGAGEE shatl apply to the Court having ~unsd~ci~on ~hereot ior the appointment of a Receive~, suth Co~rt shall r.. ri,.~,~h appoim a rece~ver of said mo:tgaged pro~rty all and singular, indud.ng afl a~~d s~ngular the income, pro}Its, iss~es and revenues (rom whatever s~uce c+arived, each and zvery of wh~ch, rt being express•.y unde~srood, is hereby mor,yaged as if spec~fically set iwth and deuribed in 1he g~aroing and h;t:end~m ciauses hereof, and such Receiver shalf have atI the broad and efiecrwe fur.ct~or.s and powers in anywise emrusted by a Cou~l fo a Reteiver, and s_ch appointment shall bc made by such Court as an admitted equity and a n•atter of absoiute right to said MORTGAGEE, and without refererxe to the iey~acy w inadequaq of the value oi the property mo~tgaged or to the so~vency or ~=:>c:tvency of said MORiGAGOR w the defendants, and that such -:~s, profits, incane, issues and revenues sha1S be apai~ed by such Rec~rver accord~ng w the lien w equity of sa:d MORT.~'iAGEE and the practice of such Court. ~ . 8. To duly, promptiy and (ully perform, d~sct~arqe, execute, effect, complete, comply with and abide by each and every fhe stipulations, ag~eements, ; ,o:,diticns and covenants ~n sa~d promissory note and this mortgage set fo~th. { 9. ihat in the event :he ownership of tFe mortgaged premises, or ar.y part thcreof, becomes vested in a perwn other than ihe MORTGAGOR, the ~ '^.RTGAGEE, its successurs and ass~~ns, may, w~~hout no:ice to tix htORiGAOR, deal w~~h such successor or successor in interest with reference to this ~ o•~gage and the debt hereby secured in the same R73~`~1C~ as wish fAcrtgagor without in a~y way vitiating or d~scharging the lAortgegori liability herr ~~.1er or upon the drbt hereby secured. No sa!e of fhe Fremnez hereby mortgaged artd ao forbearance oe the part of the MORTGAGEE or its succezsors ~ r oss~9~s and no extens+on of the time for rhe payment of the debt hereby secured geven by Ihe MORTGAGEE or its successors or auigos, ahall operate o r~~ease, d~scharge, mod~fy change cr af(ect the or~~~nal liauii:ty of tha MORTGAGOR herein, either in wFole or in part. !0. It is spec~ficalty agreed that time is of the esser.ce of t{~is contract and that no waiver of any o6l~gation hereunder or of tlx obligation se- c~~~ed hereby shalf at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby. s I l. In add:tio~ to tn~~ forego itg month:y paym~nts of p:inc pal and intrrest requ~red by the promtssory rtor~ secured hereby, morfgagor covenants agrces to pay to rt:o-tgsgce v:~th eath mo~rhly pa;~~.ent an add:rior.a' sum est~^ ated by mortgagee to be equai to 1,'12 of the annual tost of the follow- A-All rcal property taxes ~e•ne~ or assesscd ay~i•~st thc aF,ore desv~bed real es~ate. ' g-F;em:ur,~s on (ire ar.d wind<_to~~r, ir.s~~arce as hezein requ[red tu be ca~:ied en the ~mproveme~ts situate w? the above destribed premises. i G-Fremivms on such ~r,ortg3oe gvaranty insurar:ce as mo~tgagee shall fro:r t me to time deem fit to carry on the loan secured hereb~_ Mort~agee sna't trom t~~r..~ to t~:: c not~i~ ~~~o:tgagcr m w.:t~ng of the an.ouot Jue ond payable hereundzr and such sum shalf thereupon be due and ~ ,,t,'e on tha due date of ~ne next ~non~h'y payment and eacfi s~ccesswe month rhereaitrr until mwtgagee shatl notify mortgagor of a ehange in such ( ,r.r. Such sums st:a:l be app~ied by mortgag-~e ~oha:d the paymenr of rea! preperty taxes, insura~ce prem.ums, a~~d mortgage guaranty insurance ' , c"'.iJTS. ~ ~ tN Y~I7i3E5S YJHER~Of, the sa~d M,ORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. e e ~ Signed, Sealed and deliver in the presence of: ~ / , > i" : ` / !Y ~ , ~ /r ~ ~ ~ -~Sesq i i - C,,L ~ Nor a R, u er a in le adult~~aq ~ ~ n~ < «sq i ,l~ ~ ` Narma ~ A. Harr is, a married adul t~5es~) 1~~~ . :':+?E Of FIORIDA ~ St. Lucie _ ;UNTY Of - ~ Before me personall~ appeared _ NOli!!d R. Pfluc~er, a single ~1CIU1~_ _ and Norma A1 Harr~~, a maYried BCILIt RilwiFe; to me well k~own and known to me to be e individuals dexribed in and who executed the foregoing instrument, and acknowtedged before me that they exetuted the same for the purposes ' r~_•e;n expressed. And-li~raaiJ- S:.~tF. eF tl~eeak~ ~on~-a~+wte•ewd.'iwM~ >:,«x.w»+:o~ ~r. w~r ~ai~ow~~p+»+~ ~wd.apara k~nw ~ raid~iM~b+wdr ao4n~wbir,rd~ b-ewi iefwe-w~ti~at~i~e.MC~wt~d-a~wi.inNruw»M irMlr.anr ~r~lwr. .+....y~awi •~»~i~wl-aw~r ~or+~ris:ow~~wswairM~M~l~rnw"? ~r. ie.r-of .os. h.n.Me. ~a:r-Fw~ia.Ni. i~. °i, u ~ 1. ~Y - A. D. 1974 Y/ITNE55 m}~~it~~ aptl ofiicial seal this_ Lr'-~- day of ~ - ~ - ss'' . _ ~ • Notary Public in and for the St f Florida at Large • ~ ~ .,~'f ~ ~ . , My Comm~ssion expires: I b `3 O ~7 ~ ~ ' ~ ~ ~ • ~ • _ _ : R~tum To:. n 1, - : rirst Fedtral Savirrgi ~ ~b~b~ Asstciati~ , ~ Of Fort P:erce:_ ~ ~ fILEO A,y ~ ~ ' ~ort_Aercei- Fkrida ' ST ~uC' D RECOROED ~ , ' ROCERCOUNTY F~~ ~ . POJTRAS ~(i ''''::,:~7::::~:.,~.... RF ARORY C~': ;Ult COURt E IF1FD This Instrument Prepared By J. H. Roberts JZ. First Federal Savings $ Loan Association I~ar 1~ of Forf Pierce ~ Florida 33450 3 2~ PM ~l~ Checked By - F 22~ PACe~:l.~ az - ~ ~ ~ ~ ~ ; - " s.~~~~. _ _