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Home My WebLink About2917 ~ 3. To place and con~i~uously keep on the• bui"d~ngi now o~ here~~tt~ situate on said ~snd and on all equipnent ~nd pe?sonally covered by ~hii morrq~ ege, ~r~Ih all premiumt therew~ pa:d in futt, fire insurence in the usual standard po~icy to~m, in a sum approv~d by the MORiGAGEE, and wind~lorm ~nsvrance in ths usua) standard pol;cy form, i~ a avm approved by the MORTGAGEE, in ~uch company w cornpan~es ~s tM MORiGAGEE may dirett; and sll fire and windttorm insu~snce po:icies o~ any of satd buitd~ngi, any interest the~ein or pa~t Ihereof, in IM +ggregate tum aforesaid or ; in excess thcreof, shall contain the usval standard mortgagee clause w~uch o+her clau~e as the Ma~gagee msy reqv~re, makir~ Ihe loss under taid polF , ~ c~es, e+ch and eve~y, pavabl~ ~o said MORTGAGEE as ~ts interrst may appear, and each and every auch poiicy shall bs promptly ass gned and de~~vered to # any held by sa~d MORiGAGEE as further uturity Io said mwlgage debt, and, not lest than ten (10) days in advante oi the expiratio~ of eath polity, lo de- liver fo said MORTGAGEE a renewal lhercof, toge~her with a rece~pt for Ihe premium of svch renewal; and Ihere shall bs no fire or windslwm insurancs ~!-cad on eny of sald bvi~dings, any interesf thae~n or part thereof, unles~ in the form and with the loss payable as a(oressid; and in the evcnl any sum ol money becanes payable undH such policy or pot]cies sa~d MORTGAGEE shall have the opt~o~ to roceive end appiy Ihe ssme oe atta,ro o( the i~osed• ~ ness ~ecured hereby w~o permit said MORTGAGORS ro receive and use it p any pa~t thereof for other purposes. v.~~hout thar~ui weiving or ~~~~pau- f ~ng any equity, ~ien or right unde~ or by virtue of this mo::gage; and in the event sa~d MORTGAGORS shall fw any reasw~ fail to keep the sa~d pre~nisas so ~ iniu~ed, or fail fo deliver promplly any oi sa~d pot~ues ol iniurance to said MORTGAGEE, or fail promptly to pay fully any p~em~um thereta or in any resped (ail to per(am, d~scharge, execute, e(fect, compteta, co,nply wi~h end ab~de by this tovenanl, a any pa~~ hrreof, said MORTGAGEE may place and pay for such insurante or any part thtreof without waiving or affecling any opt~~, lien, equ~ty, or right under w by virtue of this Matgage, and the f~!1 amovnt of each and every wch paymem shell be immed~ately due and payable and ahail besr interesi from ~he date thereof until pa~d at the ~ate of ~.e per cenwm per annum and to~rther ~vith such interest sha~+ be secured by the lien of this mortgage. ~ a. To permit, commit w sulfet no waste, impain~ent w deterioration of ~aid property o? any part thereof. 5. To pay all and singula? the costs, charges and expenses, Includ~ng a reasonable attwney's fee and costs of abstracts of title, incurred or ps~d at nny time by sa~d A\ORIGAGEE, because or in the event of the ta~lbre on Ihe part of the said MORiGAGOR fo duly, promptly and fully pe~form, diuharge, ~x~~cute, effed, complete, comply with and ab.de by each and every the itipulat~ons, agreements, cend~tipns, and covenants of sa~d promi:wry note and this ,:orrgage any or either, and sa~d costs, charges and expenses, each and every, shall be immediately due ar+d payable; whether a ~01 there be no~ice d~ ; r,a~d, attempt to collect w suit pend~ng; and the full amount of each and e~ery such paymem shall Ixs. interest from the date thereof uMil paid at the i uf n+ne per te~tum pcr aunu:n; ane~ all sa~d cozts, chargrs and ex~:nses ~nc~rred or pa~d, together w~th such interest, thall be setured by the iien of thit i mertgage. 6. That (a) in the event of any breach of this Mortgage or defaulf on the pa~t of the MORTGAGOR, or (63 in the event any of said svms of money herein roferrrd to be not prort~ptly and futly paid wirhin thuty (30) days next a~tc~ the same severatly become due and payable, withou~ demand w notice, {c) in the evem each and every the stipu!at~ons, agreements, cond~tiens ard covrnanrs of sa:d p~omissory note and this mortgage any a either are not i~:y, pranptly and iully performed, d:scharged, executrd, effecred, completed, compi,ed wnh and ab}ded 5y, then in e~ther w any wch event the said ag 7'~9are sum mentioned in sa~d promissory note then remaining unpa~d, with interesl accrued, and a11 moneys secured hereby, shall become due anti pay- au e forthwith, o+ thereatter, at the op+;on of sa~d b10R7GAGEE, as fvlly ar,d completcly as ii aU of the said sums of mo~ey were o~g~nally stipulated ro h~ pa:d on such day, anything in sa.d piom~ssory ~ote or in th~s Mortgage to ihe co~rrary notwiths~and~ng; and thereupon w thereafter at the optio~ of s~.~± 1JIORTGAGEE, without not~ce or demand, suit at law or in eq~ity, therefore or tl~ereafter begun, may be prosecuted as if a!I moneys secured htreby n,~ matured pnoa to its instit~LOn. 7. That in ?he event !hat at the beginn~rx~ of or at any time pend~ng any suit upon ~his Mwtgage, or to foreclose it, ot to reform it, or to enfwte r~ ~+.:eM of any claims Fx:~eunder, said MOR?•'vAGEE sha!i apply to the Court havirg ~ur~sd:a~on th~ereol for the appointmeM of a Receivm, su:h Cwrrt shall r~ r- .vith appoint a receiver of said rr,orlgaged property ail and singular, inuud ng ai! a~~d s~ngular the intome, proFits, iasuei and revenues trom whateve? s: rze darived, each and every of wh~ch, i! br~ng expressly understcod, is hereny ir.orrgaged as if spec~(ically set fwth and destribed in the g~aming and t~3bend~m dauses hereof, and such Receiver shal~ have all the broad and effect:ve funu,ons and powers in anywise entrusted by a Cou~t to a Receiver, end s-ch appointment shali be made by sucfi Court as an admi»rd equoy and a mafrcr of absolute right to said MORTGAGEE, and without refererxe to the _:ie:~~~q or inadequacy of the vai~e of the prope~ty mortgaged or to tix so~vency or insotvency of said MORiGAGOR a the defendants, and that such ns, profits, income, issues and rever.ues sha!! be apptied by such Receiver accord~ng ro the ~ien or equity of wid MORTGAGEE and the practice of such Court. 8. To du~y, promptly and tul~y perform, d'escharge, execute, effect, complete, com~(y with and abide by each and every the stipulations, agrcements, .o^dit~ons and covenanu ~n sa~d prom~sswy note and this mortgage se~ forth. 9. That in the event the ownersF.ip of the mortgaged premises, or any part tficreof, becomes vested in a person other 1Fwn the MORTGAGOR, the : ~ RTGAGEE, its successo~s ar.d ass;~r.s, may, .vlthout not:ce to the MORTGAOR, deal v.~~vh such successw or successor in iMerest with reference to this o•~gage and the debt he~eby secv~ed ~n the s~me manner as wiih t.Rurtgagor witFwut in any way vit~ating or discharging the Mortgagors' Iiability here- ,.,ir. or uFan the deo? hereby secu:_•d. No sa!? of the prer.:isas he:eby mortgaged ar.d no forbearance on the part of 1he MORiGAGEE w its successors es;~gns and no exte~~s~on of the rimc fo+ rhe paymem of ti~e debt he.eby secured grven by the MORTGAGEE or its successws w assigns, ahall operate ro re~ease, d~scharge, modify change o~ affect the o~igmaf Gau~;rt~ ai the h10RTGAGOR herein, either in whole or in part. 10. I! is speufically ag~eed that I~me is af the essence of this coNract and that no waiver of any obligation hereunder or of tht obligation se- ..;r~d h~reby shali at any time thereafter be held to be a wa~ver of the terms ~ereof or of the instrument setured herby. ! l. in ad3:tlo~ ro the ferego n:~ rro^th`y paym~nts of prr.,c pal and i~ireres+ required by the promissory no~e secured hereby, mortgagor eovenaMs : agrees to pay to mort3agee v.~th each moeithiy pay~ ient an add,~ional sum esti ~~ated by mwtgagee to be equal to 1;`12 of the annual cost of the follow- A-Aif real property tar.rs ~e•n,~ or assesacd ay.i•,ss the ai;ove desrribed rea? estate. 6-P:~•~r.~ums cn flre and v~~~dstonn :r.surance as he-ein ~cqu:red ~o be canied cn the ~mproveme~ts situate on the above desuibed premises. C-Pre~niuna o~ svch mortgage g~aranty ir.sura~~ce as mc•tgagee shall frem a me to time deem fit to carry on the (oan setured hereby. blortgagee sha i from t~me to tin:e norif, mortya3or in writ~ng oi the arr:ou~t duc and payable hereundzr and such sum shall thereupon be due and f .~:~'e on the due date of the next month'.y payme~t and eacfi sutcessi.e month :hereaitrr uctil mortgagee shall notify mortgagor of a change in suth 4 ,~nr. Such sums sFail be ap,~:ied ey mortgag~e to:.a.d the ~ayment of real property tazes, insurance prem:ums, and mortgage guaranty insurance ~ . C .~,:~mS. ~ IN l'JITNESS VJHEREOf, the said MOR7GAGOR has hereunto set his hand and seal the day and year first afwesaid. ~ Signed, Sealed and delive~ed in the presence of: ~ ~ ~ - _ - - L~ ~ ri~.~~,fC!/1J tSesn P Ada k'alker, a single adult ,~e~ ; - ~ c~', ~ .C~' ~ ~s~q ws _ ` _ ~xs4 ~ ~ ! ;'AT;. OF FIORIDA ~ S ;.;~arY oF St . Lucie _ ~ # Before me per:onally appezred Ada Walker ~ 8 single a(~L11t K1~C 7 to me well known and known to me fo be ' ~ndividual described in and who eaecuted the foregoing instrument, and acknowiedged befwe me that she executed the same for the pvrposes 4 ~ r~.~rei~ eapressed. 'G7k~~f1Q~~ -~u~06~t~a1@o~1i~i1flc~[IptK ]€)E+iGli~tli kX1QqRX~i~feK~A~1kYiX~fd~G~fK~Y~1fcDGiG~~fc~4~#~2~D4~S xx1#~04Idf60f)iJ(1K 76?fAfd _ ~Cii]E~~.I[lL~ ' WITNt55 my hand and offiual seal this_ . ' ~j~' _ day 6 ~y A. D. 19 74 ~ . - J c ~ ~ , Notary Public in and tor t tate of f ida at lsrye _ My Commission eapires: ~7 ~ Retvrn To: ' ~;X ~x~~~~ rirst Federal Savings 3 loan Assoceanon Of Fort P.erce. Fort Vierce, Florida ~ ~E~U~~f~ ~ f1~E0 ~0~3N1'( f~~- _ Sj. ~OC~~,~atR,0, Rt ` " ~~KCtF~V1n~ . This Instrument Prepared By John W. Co11inQE~~~~, yF~~t~F- , i`„111:.;~ f. ^ i F~rst Federal Savings & loan Association ~O ,2 ~u ; .e, • of Fort Pierce, Florida • ' M~ ' I -c,1} . ' ; . . Checked By~ • y~~~ ~ y -r '~•`T . 2$ % 1 . .y~ i ~ . : v.•. C~ ~ . c.- . ~~7 ~~E2915 • h--~ ` ~ //~~-I•~.L~~ ~.'~•R~ . - _ _ ~ ~ ~~Fs . - _ ~ ~ ~