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Home My WebLink About1937 J To plsct a~d coroinuou~ly kcep on the bu~!dings now or herealter ~itwte on tia~d land and o~ aR equ.pmens and pe~sonelly cove~ed by ~hi~ mwtp~ sgs, w~th ~11 premiumf lherean ps~d m full, firo inwr~nca ~n the ~swl s~a~dard ~ul~ty iorm, in s tum spproved by iha MORIGAGEE, snd windstam ~nsu~u~~ in tFN usual f~andard pol.cy lorm, i~ a aum ~pp~oved by the AM~RTGAGEE, in such tanpany o~ to+npan~tt as the MORTGAGEE may d~rec~; u~d all li~~ and w~nd~~orm insuranca po~~ue• on +~Y of sa~d build~ny~, any iMeres~ thereio or part tlurao(, in ~he agg~eya~~ wm atw~said or in eaceu thereof, thatl conain tM usual ~tandard ma~gagee c(auss a such o+her ciews a~ ~he Ma~y+gce m+Y requ~r~, ma\~ny ths bss u~Jcr sa~d poli- c~e~, each and svery, payab~e ro eaid MORIGAGFE ss its interest may appea~, and euh ond every tiuth poiicy shall be promptly •ss gned and del~vered ~o J• eny he~d by ~~1d MORIGAGEE as iw~her ~ecu~~~y ~o taid ~wlgaqe debt, and, no1 les~ ~han ten (10) d:ys in advance of the eYpirotion of each pol~cy, 1o ds~ . I~ve~ 1o said MORTGAGEE ~ renewal Iherrof, to9ethet with ~ recr~pt for the p~emi~m ot such ror.ewsl; and there ihall be no fire or windsto~m ins~r~nt~ piaced on •ny o( said buildingi, any interest therei~ w part ~hercof, un:ess in ~he torm end w~~h the Ioss payable as afaeuid; and in ~he evenl any sum ,.Y of money becomes paysble under svch policy or pol~cie~ wid MORiGAGEE shaH have ihe o~t~on to receive end apply tt» iame o~ account of ~he indebted~ ^ ness secu~ed h~veby w ~o permi~ said MORTGAGORS to recP~ve and use it a any F•art ~i~•~.eof tor other pwyoars, w~~hout th~~~b~ .vaw~~~g o~ nTipau- • ing any equ~ty, lien w ~ight u~de~ a by virtue of this mo:!gage; and in the event ta~d MORTGAGORS shell fo~ any ~eason fail to keep the said p~emisrs so ,nsured, or fail fo defiver promptly any of said po~~ues of insura~ce to said MORTGAGEE, w tail promptly to pay futly ~ny premi~m Iherefw w in a~y ~espect tail to per(wm, d~sd~arge, execure, effeci, tomp~ete, cemply with snd ebide by this covPnant, w any pa~t hereof, sa~d MORiGAGEE may place and p3y (w such insurance w any part thereof w~~hout waiving or affecting any opt~on, iien, equ~ty, or right under or by virtue of this Mortgage, and tht ~i:_._~~ .....>t,~.. ~-,d ~I,.tl Mar ~nte~es~ from the date thereoi until paid sl the rate ol i~.i~ o.~wv~~i ~ii te~f1 o.~..i u.~:~ ....i. ....a.. „t _ j . . . . :n~e per centum per annum and to~r~hur with suth interrst shall :x seccred by the li~n of th~s rtwrtgaga. To permit, commit a suffar no waste, impairmeN or deterioration of sa~d prope~ty or any Rart thereof. 5. To pay all and singulu the co~ts, charges and expenses, includ~ng a reasonable auor~y i fee aod costs of abstracts of title, incurred w paid at ,~y ti~r.e by sa~d MORTGAGEE, because a in the event of ~he fa~lure on tF~e part ot the soid MURTGAGOR to duly, promp~ly and fully pe~form, d~schar9e, _xecute, rited, twnptete, cnmpfy wi~h and ab:de by each and every the snpu~a~~ons, agreen.ents, corrJitions, and cove~ants of said pranissory note and this ,:orrgage any or e~~her, and sa:d costs, <huges and eapenses, each and every, shall be immediately due and payable; whether p nol there be notic~ d~ n,and, attempt to coltec~ a sui~ pend~ng: a~d the full amount of each end e~ery such paymem ~hnli oca~ iNe~es~ (rom the date Ihereof until paid a1 the o~ n+ne per ccntum en,w:n; anct alt saiJ costs, cFurgef and expreses ~nturrrd w paid, together wuh suth interest, shall ba secured by the t~e~ o! this ~ mortgage. - 6. ihat (s? in ihe event of any breach of this Mo~tgage o? defaulf on the part of the MORTGAGOR, or {b) in the tvent any of said sums of mo~ey herein refe~re~ ~o be not promptly and fully paid wi~hin fhuty (30) days nex~ ahvr The aame severa;ly becwne due and payabte, without demand w not~ce, er (c) in the event each ~rtd every the st~putaucns, agreemeats, condi:ions and covenaros of sa,d promissory note and tb~s mortgage any u dther ar~ not i,;,y, prompdy and fully perfw~r.ed, d x!+argeJ. exx~ted, eftected, canpteted, compi~ed vrirh and ab~ded by, then in either p any such eveM tM said ag 3"=9ate svm ment~oned in said pro~nisaory note thtn remain;ng unpaid, with intrrest acu:,ed, and aIl moneys secuted hereby, ~hall betwne dus and pay- au.z forthwirh, or thereafter, at the opr:on of said MORTGAGEE, as fully and compleTr~y aa it all of fhe sa~d sums oi money were orginally stipulated c he pa~d on wch day, anything in sa.d pro~n~ssory note or i~ fhis Mlortgagr To ~he to~~ra~y notwithstanding; and ~hereupon or ~hereafter af the op~~on of s. d MORIGAGE:, v.~rhout not'ce or demand, suit at law w in eq~~ty. Iherefore a~hereaker beg~n, may be prosecuted ~s if all moneys sec~red hereby ~_d matured pnot to sts instrtvtion. ~ _ ~ ,.i .:...e +1,cs Mo.~eaae, or to farecloae it. or to reform it. or to e~(orce ;.,~:~ent of any'u~nns.hz eundar, said 6'10RTvAGc~ sha~i appiy to ~he Gourt having yunnd~tt:on thereot for ~he sppointment of • Receiver, suth Covrf shall ~~o,?h ap~•o:nt a rece~~.er of said rortgayed proFerty aii and singular, inc,ud.ng and smyuiar the income, profits, iasues and revenues from whatever e darived. eoth ar_d every of wh:ch, ~t be~ng exp:ess!y understuod, is hzreuy mortgaged ai if t(xc~fitally set forth and dexribed in 1hC grsMing a~ ~,i,endum c!auses hercwf, and such Receiver shait 1~ave atl the broad and eFier,re fv~.cf~ons and powen in anyw~se emrusted by a Cou~t b a Receiver, and s ch appointmem shall be made by such Court as an ad~nittrd equity and a mar.e~ of abaot~te nght to wid MORTGs1GEE, and withouf refere~te to the edeq~acy er inadequac~ of the vatue of the property mortgaged or to the so~:enc~ o.- ~n;atvcrtcy of said N40RiGAGOR oe the defe.+d:nts, and that wch •z~ts, profiu, income, iuves and revenues shall be appl~ed by such Recelver acco~d~~~g to the lien or equity of said MORTGAGEE and the practice of such i.ourt. ' B. To du~y, prompt;y a~d fully perform, d~scharge, execute, eifect. complete, cor.~piy wirh and ab~de by each and every the stipvlations, sgreements, ;~nd~tions and covenenta m sa~d promisiory oote a~ this mortgage set forth. 9. That in the event the ownership of the mertgaged premises, or any part tnereof, becomes vested in a person other than the MORTGAGOR, ths ~RTGAG~E, its successors and ass~gns, may, w~thout notice to the MORTGAOR, deal .vr.h such successw w successor in interes~ wifh reference to this • rfgage and the deb~ hereby secured in the same manner as w:~h A'4orrga3o+ w~thout in any way vitiatirg or d~xharging the Mortgagors' liability herr _^:ie~ or upon ~he deb~ hereby secured. No sa'e of the pemises hereb~ mortgaged and no forbeara~ce on the part of Ihe MORiGAGEE or its successon o~ ass~gns and no exrerts~on ot the time for the payment of the deb~ hereby sec~~ed g~ven by the MORTGAG:E or its successw• w ass~gns, sFwll operate .e~a~<~ .1.<.6...,0 ..,nd.fv rhwn~o affect the orinmat lianihtv of tne MORiGAGOR herein, either in whole w in part. 10. It is speuf~cally agreed that t~m.e is oi tne esse~ce of th~s convau and that no waive~ oi any ob~igat7on hereunder a of the oblgatan ~e- c~red hareby sha~t ai any time tnerrafter be he!d to be a YJd1YCf of the !erms hereai or of the instrument secured herby. 11. In add:!~c1 ro rh~ fo•ego.ng month!y paym=n~s o` princ pal and inrerest requ~red by the promissory note secured hereby, mortgagar covenants <rd aqrces to pay to mosrgagee wiih each monrhiy payr,,ent an a~d:rional su~.-. esr:r~.ated by mortgagee to be equal to 1/12 of the annual cost of the foltow- , A-AI! rcat property taxes lev:ed oi assessed agai~st tfic above desc~ihed real esrate_ g- o~«-,:;,:,,s on f~re and wmdsto~m insurar,~e as here~n requ:red to be Carritt/ on thr ~mproveme~ts situate on the abo+e described premises. C-Premiu~• s on such morrg ~ge guaranty ir.surar~:e as mo~~g3gee sha!! fro-r * me to t~me deem fit to carry on the loan secured hereby. Mortgagee s~a~~ from time to ~,e no~ifY martgagor in writ~ng of the a-r.ovnt d;,e and payable hereundcr and such su~n shall thereupon be due and ..:;h'e o~ the due dare of fh> next mo~rh:y payrr.ent and each succeu~ve month thereaftcr ur.til mortgagee shall not~fy mortgagw of a change in such :~nr. Such sums shail be appGed by morfgagee to+~a.d the payment of real property taxes, insurance prem;um.s, a+xJ mortgage guaranty insurance ~ ~ .~ums. - - ~ ' IN Y1ITNESS WHERcOF, fhe sa;d MORTGAGCR has hereunto set his Fa~:d and seal the day and y r sT ai said. i ~igned, Seated end ~e~ivered in tke p?esence of: • ~ ~ ~ s. ~ ~it.c c ~ .~c~2 _ r _ . n t'°'o~~ t ~ , ' (~a~ ~-n ;~:,TE OF FLORIDA ~ St . l.uc ie '-";G!JiY Of - Befwe me penonaily appsared _ _ F1"1C F Johnson' a sinqle AC~t~lt and' - - - - ~ - - ~ ~ - - - - - ~ - - - - - - - - - - fiif ~RfE to me well known and known to me to be ~ irdividual dcscribed in and who ezecuted the foregoing instrumene, and acknowiedged betwe me that he exetuted the same for the purpoies r~ ~ein expressed. tAnt~thCSaid-- ~ ..+'~oFMie~ai~- - - -------------------~--------------------------------~P~~Wratt.~L'r'wsts ~ .~~~»t.sw b~? me ~aiien-sepera~e ~n~apart fiarrf fier satd'ln~sbartt~; EQrtoo~~gd'fb~fffi6eto7e rKe 1T~E1 ir?e-ezFtotetf'ssid lnsmm~ni freelrAnd'vOfOh- ~ 1.. »y-a.~i ,Nwiwvt-awr eanpdrion,-ceRSNatm."aPPrefiens~o+r, ~ fear cf ar f~~rrlttf latH'HLs~Si~ - ~ ~YII(~E55 my hand and offiual seal this_ _ _ day ef Au9uSt A. D. 19 74 ~ i'~ - ,.~,.~L.~~ " Notary Public in and fw the te o( Flori{!„1 ah~pjrRe ~ ,Mry Commission expires: ~ u.' ~,j.~1 R.eturn To: , Gr ,3C /9 - ~ ~b. ~ , . i , . i ~ ~ ~irst Federal Savings 6 Loan Association , ' ` • ~ Of Fort P:erce. g r~' i~ : . :a : ~ , ~ Fwf Pierce. Flarida : ~ _ ' • J ~ • ~ . ,'~,•~Ci;, ~ ~ ~ M~C.,R~EO • fItEO : ~ ST.IUC?s t ~Jh1Y FL~. - .;}t ~ • 4 0~J . C ` . . ~ PO " - 'Ta~S ; kltll ; ~ Wm. J. v, ;~1 COllRT ~ : ~ This Instrument Prepared By rorbes ~~Erti . .,••...,..•••''"J ~ Gf,,:.;,.. "t~~ - , - s; First Federal Savings b loan Association ~ of Fort Pierce ,~'lorida 33450 A„^ ~ ~u ~ NW ~U 2~ Il ~ Checked By - pQ ~ ~OC~~~~ ~ BcoK2~0 PA6E193~ , - , ~ ~ csw ~ ~ : - • ~ ~ _ : ~ x.-- ; - . _ ~ ~"~e"z'~z'.~..u-?'~'.,.l.. _7 - ~~~._,~.,~~'--k'.~,.~~~~ '