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Home My WebLink About1209 j y To plsce and coniinuously keep on,the bu~:dings now w heraeite~ siwete on smd la~~d and on alt equipment and person~~ly covertd by this matg- age, with all p~emiums ihcrcon pa.d m fulf, f~re ins~rancr ~n iha ~sua: s-~nd.~rd po:~cy form, in a sum approved by ~he MOR:GAGEE, and w~~dsto~m ~nsu~~nct in ~M ~sual stand+rd po~~cy fa~n, in a sum app~oved by ~he MORTGAGE~, ~n such company or compan~es u the MORTGAGEE may dnrch and •II fire +nd wioda?orm insurance po:~c~as on sny oi said bu7~d~ngs, any inte.ea~ ~herein w p+rl Ihercoi, in ths aggregate sum aiores+id u in ezcet~ Ihcreof, thall contain ~fie us~al sta~~dard mortgagee dause or such mher clause as the Mo~tga~es may rcqu~ro, ma?ir~ the ~ ws unde~ se~d poli- c~rs, each snd every, payable to said h10RTGAG:E as ~~s intrrrsl may appear, a::d each and eve.y svcA pol~cy shall be pranp~ly ass g~ed s~d de:ive~ed to any held by sa~d MORTGAGEf as ~urther security ~o said mo+~gage debt, and, oot less ~hen tan (10) days in ad~ance o1 ihe expirat~on of each pol~cy, to da ~:~er ro said MOR7GAGEE a renewal thrreof, toge~her wiih a rece~pl tor the prem~um ol such renewal; and there ~haU be no fire or wl~dsto~m insurance placed on any of said build'+ngs, any intarest thrrein w part thereof, unless in the form and w~~h the ~oss payable as aiares~id; and in the event any sum of n,oney becomrf payable under such policy or pol~cies said MORTGAGEE sh~ll have the optwn lo recaive and appty the same on accounl oi the indabted~ ness secured hereby or ro pera+it sa~d ~At?RTGAGORS to receive and use it or any pj~~ ~t~a:eoi fo~ o:her purpos~s, .•n~ho~t therco~ wa~.~•~3 0. ~mpau- ing any equity, (ien w right under or by virtue oi this mo•:gage; and in the evenl sald MO~TGAGORS shall for any reason fail to keep the said premises so y ins~red, o~ fail to deliver promptly any of sa~d poGcies of insu~ance to said MORTGAGEE, or iail promptly to pay fully sny premium thcre}or w in any .~`1 respect lail fo perform, d~scharge, execute, effect, canp:ett, comply wiih and abide by this covenant, or any part hereof, said MORTGAGEE may place a~~d ~ey (a such insurartce or any part Ihereof without waiving or affecling any opnon, ~ien, eyuity, or right undar w by virtue of thls Mo~tgage, and ths fvi! amounl of each and every such payment shaU tx immediately due and payable and shall brsr interesl (rom tha date thereot until paid at the rate ol r per cenn~m pe~ annum and to~rth~~r .vith sucn intr~~sr shati be sccured by ~he l:rn of th~a mor!gaye. 1. To perr~eit, eommit or suffer no wasta, irupa~rment or dete~iorat~on of said Nroperty or any part thereof. 5. To pay all and sing~lar the costs, charges and expe~~ses, ~ndud~ng a reasonable ano~ney i fee and co~ts of ~bstracti of title, incur?ed w paid a~ ~ s~y t~m.e by sa~d h10RTGAGEE, because a in the evem of the fa~~ure on the pari of the sa~d MORTGAGOR to duly, promptly and ful~y periam, d~xharqe, ~xecute, e(feU, tomplete, tompty with and ib,de by eacfi and every ~he stipulat~o~~s, agreementa, conditions, and covenants of said promissory note and ih~t i ~,crrgage any o~ ei~txr, and sa:d costs, chs~ges and expenses, each and every, sha~l be immediately due and payable; whether or nat there be notice dt ! mand, atlempl lo collect or suit pend~ng; a~~d the {u~l anwunt of eath and every a~ch payment shalt bea~ interest from Ihe date thereof until paid ~f the ~ o+ nine Fxr cenf~m par an~~u:n; o„d ai; aaid ccsn, cha.yes and ez;xnses :ncwrcd er pa~J, tegether wnh such interest, shall be setured by the lien of this :r,ortgage. b. That (a) in ihe evaM of a~y breach of th~s Mortgage or default on ~F,e pan of the MORTGAGOR, or (b) in the event any of said sums of money h~rein refe~red to be not prwnptly and (ully pa~d within thirty (,30? days next ar~er the same se.erolly become due and payable, without demand or notite. :r i~ the eveM each and every the stipulatic~s, agreements, condi;~ons and covenants of aa:d promissory nofe and th~s mor~gage any a either are eof i_:y, pranptly and fully performed, d~acna~~ed, exec~~ed, effected. canp;ered, cor.,pt~ed vn~h and ak:~ded 5y, then in e~ther or any such eveN the said ag• ~~.3ate sum mentloned in said promissory note then rema:n:n~ unpa~d, with inte~e;~ acuued, and all moneYs secured hereby, shatl betome due and pay- nc _ forthwith, or thereafter, at the opt~on of sald MORTGAG~E, as fu:~y and comp!eae~y as et afl ot the said sums of money were eriginally sKpulat!d ~ be pald on such day, any~hing i~ sa;d pro;r,~ssory note or in this Mortgagr 10 ~he contrery nutwithstanding; and thereupon w thereafter at the option of s~:f h10RTGAGEE, w~~hout nocice o. dernanJ, s~it at law o~ in equay, rhrrefore o: tter~after brgun, may be proaecuted as if sll moneys secured hereby ~ n:~ matured pr~or to ~ts institvt~on. 7. That in the evem ~hat at the beg~an;ng of or at a~y t;me pendirg any sv : uFon thls t/~ortgage, o~ to fweclose it, or ro reform it, or to enforce :,:~~Fnt of any cia:~-,s ~~ereundrr, sa+d f.1JRTGAG~t shafl app~y ro the Court hav~.,~ ,ur~sd~c~ion thereof ior tFe appointment of a Receiver, such Courf shall ~~:.,~~h a~:pc~nt a re:ei~e~ of said mor+yaged pro:~crty at1 and s~:~3~~:ar, incivd ng ~~f z:•d s•nguia~ ~he income, proFits, issues and ~evenues frwn whateYer ; cr d~n+ed. each ard every of wF.cfi, n be~ng exnresry un~_rste~d, ~s hrraby mort~aged as if speufically sel forth and desuibed in the granting snd F,ber.dum cta;~ses hereof, and such Recener shall h~ve a~: the c~oad a~d effecr~ve femct,ons and powers in anywise entrusted by a Court to a Receiver, and s..:~. arpointmenf shaif be ma~e by sucA Covrt as an ad~nitt~d equity a~td a maiter ef abso'ute right ro said MORTGAGEE, and without re(erence to ihe ..:_.q~;.cy or inadequacy of the valoe of the properry r,:errg~ged or +e rhe so.v,:~xy or ~n.oivency of said MORTGAGOR a the defendants, and that such •s. profits, intome, issues arui revenurs shall be sppi«ti by s~ch Receiver a:coru.n9 to the lien or equity o( said MORTGAGEE and the praUite of such :.~urt. 8. To duly, promptty and (~Ily pe~fo+m, discha~ge, execute, e(tect, cer.~~ete, ccm~f~ v~;th and ab~de by each and every the stipulations, agreemeMS, imons and covenants :n sa~d prom~sswy note ar.d ~hie m~rtgage szt fofth. 9. That in the event tfie ownership of the mortgaged premises, ur any part t'r~crcof, becomes vested in a person other than the MORTGAGOR, the ;;R~GAGEE, i+s successers ar.d ass~gcs. r:ay, w;rho.,t not~ce to tne ti10RiGAOR, dea: •.v~th such wccessor or successor in interest with refere~ce to this :~gaye a~d rhe drbt hereby x~cured in the saR~~e manner as w~sh lftorr3ago~ wrthout in any way vit~ating w d~scharging the Mortgagors' liabifity hert .~r w upo~ th? drbt hereby secured. No sa!e of the Fre~nises herct,y mortgagcd and no forbearance on the part of the MORTGAGEE or its successors .;ssigns and no exter.s~on of the t~me for the payn ent of Ihe debt F~r.-by secured g~ven by the MORTGAGEE or its suCtesso~s w auigns, a~~dll Optratp : ~e zase, d~scharge, modify change o~ affect the orig~nal ;iab~Gty of ii,e MCRTGAGOR here~n, either in whole or in part. ~ 10. N is sperficaity agreed th~t Gme ~s of the essence of tF~~s comract and that oo waiver o1 any obligation hereunder or of the obligstion sr ~ .~~•d hrreby :hah at any time the~eafter be hcid to be a waiver of the terms hereoi or of thE instrumeM secured herby. i I 1. fn add t;o•~ ro ihe ferego ::g ~ro~tii'y p,aym: nts of p; ~~.c pat and inrerest .eq:,::~d b~ the p~omissory nore secured hereby, morigagor eovenants •-,;;'ces to pa~ to mc~tqi~ee ~+i~h each ~~~o^thiy pa;r:~ent an ~~+d:rronat sum es!~n a+ed bp mortgagee to be equa! to 1; 12 of the annua) cost of the follow- A-AI! rea~ ~ope+ty taars ~e~n::i or assess~~<i agar:st thc aEove dezcribcd *~al estata ' B-Fr:: ~s o~ fire and wlndsiu~m ~nsur:3~ce as i,e-e~n r.~q~red fa 6e carned on :na ;mproveme~ts situate on the above descr~bed premises. C-Pre~* iums on such mortgage guaronr~ ~rsura~:•~ as mo~~gagee shalt from rr.:e to ti~ne deem fit to carry on the ban secured hereby. ~ A1o.tg;gee sha!`. f.~m ri~rr to e~n~e ~~cc~f f rrertya9cr in wr~t~ng Of the a:~ o.:~t d.,e ar,d payable bereuoder and such svm sfiall thereupo~ be due and + . i,le on th: d~e date of ~h>_ next ~ro~tfi;y payment and eact~ successwe rnm~th th~reafmr ~mit mcrtgagee shall not~fy mortgagor of a change in such - j ,,,,s. S~ch sums sha:! be applied by mortga3~e ~o+.a-d the pa~ment of reai p~eperty taxes, insurance prem:ums, and mwtgage guaranty insurance ~ . . ~~~r.~ms. ~ . y IN t'lITNESS WHFREOF, tne sa~d MJRTGAGOR has he.eu~to se+ h~s hand and seal the day and year 7irst aforesaid. ~ Signed, Seated and delivered in the presence of: ~~7 ~ J~~~ ~ - - - ` Sean ~ ' ~ s~'n ~ t.Gst. ' - Sea4 (Sean 1 - ~ E OF FLORIDA ~ i ~ :GTY OF _ St'i. LL1C~@ ~ ~ ~ ~ Befwe me penona!ly appeared _ ~a~ F. F'Zl'XOO~ s^d Janiee F• ~M~O(1 his wi(e, 1o me well knowfi and known to me to be ~~d~viduals described in and who execured fhe for oi`'~ instrumenr, and acknow{edged before me that they execkted the same fw the purposes ~ re~n expressed. And the said___ ~a111CA 1'' . EZZYOOd of the said Ga~ F• F'~~~ vpon s separate and privste ~ na+~on by me taken separete and apart from her said husband, atknowtedged to and betore me that she executed said instrument freely aad votun- and w~rhout any comp~lsion, constra~nt, aoprehe~s:on, or fear of or from her said husband. ~ WITNESS my hand and o4fioal seal this__ 1-rti _ day oi_ J~~/~ A. D. 19 f;"; ~ C. l ` ~ . /1~i~..~~L. ) ~ ~ Notary Publ' in iw the State of Florid~ at large y' ~ ~ My Commis ion ~expires: y ~ ~ Ret~m To: holory ?,,:,::c, Stofa of F!orido pt Lai~~ . ~ ~ , . ~ st federai Savings 3 Loan Associat~on My Co:: m':;ion Ex; ir~s !c!y 2~~~871'"'%~ ~ ~ ~ - ~ Of Fort P.ere~. ~w(~MyC 6o:xrd 6y i.:r.crieon Firo b~Otyeity~ i~ ~ ~ `_tl)iv " \ ~ ~ ~ Fort Pierce, Florida ` . ~ _ ~ •-.~~i ' ^ r1r~ '\•;~F ~ ~ - EQ • ~ .Y "J~, 0,~ 7his Instrument Prepared By WDI. E. Braun S1L~~~`t LOL'N~Y ~'~3•-- ~ ~ ~ ' First Federal Savings & loan Association p,,~li~As ~ of Fort Pierce ~ F'102`1d8 C~E ~ ~:;;;,,11t COURT •'4'•., . t ~ '~'i ~ qcC{io1 lE ~IE:~ ' / 11~c~ ~ Checked By ~ ~j ~0 6 ~~'•I~ r~~'»t.~n~~~i~~ - 112 _ F-:, zzs P~~zos ~ _ _ ~ ~ _ , ~ ~ .~y:~~.~~