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Home My WebLink About2490 3. To plac~ and con~inuously ksep on ~M bu~:d~^9i now or Mresft~r ~ituere on se~d isnd a~d on alt equipnen~ ~nd pt~aw~atly covtrtd by lhi~ ma~g ag~. with al) pr+miu:ns therea+ pa~d in (uli, fire insurancc in ?ha usval •wndard {wlicy tam. in ~ surn ap~xoved by 1he MORIGAGEE, and windttwm ' 1 insv~anc~ in ~M usu~l iunda.d po1~cY 1am, ~ sum +Npro~ed ~Y th~ MORTGAGEE, i~ s~ch ca*~p+^Y o~ so~^P+nia ~s th~ MORTGAGEE may d~rectj and all fir~ •nd wiodsw~m ins~rancs poliues on sny o( s~~d bu~kl~ngs. ~ny intere~t therein w p+rt ~he~eof, in 1F?e ~g9repa~~ swn ~Iwesaid or # in ~xceu thereo~. shall comain ~M u~wl standsrd mor~ga9ee d~ute_ or such o~Fur clause ~i th~ Mor~pagN may requ~re, mal~in~ tM Iw~ under sa~d polf ^ des, each and avery, payab~a 1o sa7d MORTGAGEE as i1s ~n~c.est may appe-ir; ~nd each and every tuch po~icy shall be prompNy as~.fl~ed and delive~rd ~o sny held by uid MORTGAGEE as fu~~her security to said mutqs~e debt, and, not leu ~han ~en (10) days in sdvanc~ oi the •apir~t~a? of e+ch pol~cy, to da I~Yer to uid MORTGAGEE a renewal thl~eof, toqe~he~ with a rece~pt fo? Ihe premium of ~uch renewal; a~d there shall b~ ra iira or wind~tam iniuranc~ pleced on +ny of said build~nqs, ~ny imerssl Ih~rei~ w p+~l therrof, un!eis in ~hc fo~m and with the lou payabte af ~iwesaid: a~d in ~he event any tum . of mo~»y brcomes p+Yabl~ under iuch policy w pol~cas iaid MORTGAGEE ~hall have the op~~a+ to rece~va and app~y U+e s+n» on ~aou^~ of tM indebted~ nrss iKWQd F~Nitby M to permit sald MORTGAGl~RS fo trce~ve and us~ il a any part th;reoi for othcr purposes, ~vi~houl tha~ebj waivi~g or unpair- ing any equity, lien or right under a by virtu~ of this mor!yage; and i~ the ~vent sa~d MORTGAGORS shall }or a~y reason fail to keep tt~e said premiies so ~ ins~red, or fail 1o deliver promplly +nY of iaid po~~tics of insu~ante to faid MORTGAGEE, or fail prwnD~~Y ~o WY fully ~ny prem~um therefw w~~ +~Y respect fail 1o perform, discharpe, executa, etlecl, comptete, comp2y wi~h and abid~ by this covenant, or a~y parl h~reo(. i+id MORTGAGEE may pl~ce and pay fw such insurance or any part thereof without waiving w•(~ec?ing any option, {ia~, equ~ty, or ~ight unde+ w by virtw of this Mo~tga~e, and the _ . full amount of each and every such payment shalf be immediatcly due and payabk and ~hail bear interest from 1M daM thereof un~il paid at the rate ol ~~~ne per cenwm per annum and to~r~her with such interest shatt tx srcured by the lien of ~hi~ mortgage. 1. To pe~mi/, commit o~ su(fe~ no waste, impairment w deterioration of said property o? ~~y part thereol. S. Ts ;.ay all and singul~r the costs, charges and expenses, includ~ng + reasonable anwney i fee and co~ts of aMlrxts oF title, incurred or p~id at eny time by sa~d MORTGAGfE, because a in the event of ~he fa:lure on the part of the :aid MORTGAGOR ~o duly, promp~ly and fully per(orm, d~uharge sxecute, elied, comptete, compty with and ab~de by each snd every the st~pulations, agreenxnts, conditioni, •nd covenants of said praniswry note and ~hi~ n,urrgage any or e~~her. arod sa~d cosn, clwr9es ~~+d expenses. each ~nd every. shall be immedistrty due +nd paYable: whether a not there be no~ice de~ man~, attempt to coikd w wit psod~ng; ~od ~he full amount of each and ererY s~cA payment shall bea~ iMerest from the date thereof w~til paid at the ~::e o~ nine per ceotum per annum; and aU said costs, cha~ges and ~xE:rnses ~nc~rred o~ paid, ~oge~her w~~h suth iNerest, shall be secured by the Ilen o( thu mortgage. 6. Tha~ (s) in the event of any breach oi ~his Mo~tgage or defau~t on tne paA of the MORTGAGOR, or (b) i~ the event any of said sums of money herein referred lo be not promptly and Eulfy paid within thirty l~) days ~eAt atter the same severolly betome dua ~nd p+Y+b~e. w~~hout demand o~ notite. or (c) in the evem esch and eve~y the stipulations, ag~ecments, tw~dltions and covenams of sa:d promiuory note aod ~h~• mortpaye any a either +re nW i~ly, prompdy and fully perfwmed, d:schaigrd, executed, efiected, cwnplesed, compi~ed with ar.d abeded by, then in either or any such eveM Ihe saed ag gregate ium mentioned in said promisswy note then remaining unpaid, with intere>t accrued, and all moneY~ sea+red he~eby, tMll lxtome due and pay- ab'e forthwith, or thereafter, at ~he opr~o~ of sa~d MORIGAGEE, as fully and comp~e~ely as ii all of the said wms of mor?ey were ongin+lly st~pulatcd to be ~~d •on au:h day, anything in sa:d ptom~ssory oote w in this Mortgage to the to~trary notwifhstsndeng; and thereupon w lhereafter al the option of s~:d MORTGAGEE, w~~hout not~ce or demar.d, suit at law w in equily, there•`ore w thereafter begun, may be prosecuted as if all moneys secured hereby n,d matured pnor to ds institution. 7. 7i~e~ in the event that at the beg~nn:ng oi or at any time pend~ng any suit vpon this Mo~tgage, ot to fweclose it, o? to refam it, a to enforct payment of any cla~ms hereunder, sa~d MORTGAG~E ~hail apply fo the Gourt hav~ng ~w~sd~aion thereof fw the appo~ntment of • Receiver, such Court shall f,;r~hv.~ih app~~nt a receiver of said mo~tgayed propcrty ali and singvlar, includ~ng ai~ and singu~ar the income, p~ofits, issues and revenues from whateyer s. ~•ce danved, rach .and every of wh;ch, ir being expressly ~ndentood, ia hereby mor~qaged as if speu`ically set fath a~ desaibed in the g~aNing and ~ ha!.endum clauses herro4, and such Receiver shali have a11 the broad and effective iunct~o~~s and powets in a~ywise entrusted by a Cou?t to a Receiver, and s,:h appointme~~t shatl i.c made by wcA Co~~t as an adnitted equity a~d a rrw~ter of absolute right to said MORTGAGEE, snd without re(ererce to the a:i_~quacy or inadequacy of the vaiue of the property mortgaged or to tl~e so.vency or ~nsoivency of said N10RTGAGOR or the defendaMS, and that such r<•~~ts, profits, income, iu~es and revenues ahall be applied by such Recerver accord~ng to the tien or equity of said MORTGAGEE a~d the prattice o( such Court. 8. To duly, prompfly and fully perform, discharg?, execute, effect, complete, comply with and ab~ds by eath and every the stipulat'wns, ag~eemenis, ca:ditioru and covenants m said prom;sswy ~ole ar.d this morrgage set io~th. 9. That in the event the ownersh~p of the mortgaged premises, or any part thertof, becwr+es vested in a person Other than the MORTGAGOR, the .`RTGAGFE, its successors and ass~gns, m.ay, w~thout nor;c< !o ii:e MORTGAOR, deal with such successor or succeuw i~ interest with re(erence to this o: fgage and the debt liereby secured in the same manner as :v~ih Mortgagor wifhout in any way vifieting w discharging the Mwtgagors' liability herr ;-,der or upon ~he debt hereby sec~rrd. No sa:e of the Frem~ses Fr~reby rnortqaged ar.d no forbearance on ~he part of tF~e MORTGAGEE w iri successots o• ass~gns and no exte~sion of the aime (or rhe payment of 1he debt hcreby secored given by the MORiGAGEE or its suttessws o? au;gns, sMll operate ic re~ease, d~scharge, modify change or affect the original liao~l~ry ol ~he MORTGAGOR herein, tither in whole w in part. 10. It is speNficatly agreed thar t~me is of the essence of th~s contrac~ and thaf no waiver oI any obligation hereunder or of ths obliyaYan sr cvred F?ereby shalf at any time rhereatter 6e held to be a wa~ver oi the terms hereof w of the instrument secured herby. ll. 1~ add,t~o~ to the Fcreqo:~~g montF.:y pavm^NS of p.i:~c'paf and in~erest requ~red by the promissory nole secured F~ereby, mwigagw covenants a~d agrees fo pay to mo:tgagee v:~th each mon!h'y payraent an add.rional sum esrn~ated b/ mortgagee to be equal to 1~12 of the annual cost of the follow- A-Atl real property texes le•.~:d or assessed o~3j•~st nc~ a6oie described reat estate. ' B-prem~u•ns on fire and windste~m insurarce as herein requ;red to be carned on the imaroveme~ts situate on the above described premises. ~-Pre~niurns on such mortgaae gua~a~ty irsurar.ce as mo+tyac~ee shall from r me to time deem fit to csrry on the bs~ secured txreby. Mortgegee s~all from time to t~me rotify mo~tgagar m writ~og of the amount d~e and payable hereunder and such w~n shall thereupon be due snd i ~,able on tha d~e date of th- next n:onth:y paymero and each successive Tonrh thereafrer urtil mortgagee shail notify mortgagor of a change in svch ~ a. -~unL Such sums sha:l be app~ied by mortgagee toward ~he paymeni of real p~operty taxes, insurante prem:umf, and morlgage gua.anty insuraMe ~ cmiumS. ~ IN Y~ITPJESS LtiHEREOF. the sa~d MORiGAGOR has hereunto set his har.d artd seal the day and year first sioresaid. € Signed. Sesled and delivered in the presence of: ~ ~'i~ ~ - ~ u es l ~+q - ~ n - Helen HugheS ~aq ~ - ~.':.TE OF FLORIDA ~ Lucie ~ C~UNTY OF St. Befwe me personal{y appeared Dovle Huahes ~^d Helen Hu(7he~ his wife, to me well known artd known to me 1o bs ~ individvats descri5ed in and who executed the fwegoing instrument, u~d acknowledged before me that they executed the same fw the purposes rhe•ein expressed. And the said_ H@LeI] H13y~1@S .:~fe of the said DOVle Huah S - upon a uparate a~d privst~ r~am~nat~o~ by me taken separate aod apart from her said husband, ccknowledged to and before me that ahe exetvted ss~d instrument freely sod voluo- ~ ~.r~iy and without any compulsion, constraint, apprel?ens~on w fea~ of w from her said husband. ~ WITNESS my hand +nd of(iua~ seat this_ ~ H ~ - day of August _ A. p. ~v 74 ~ -wi ~ Notary Public io and fw 1 State of Florida at Large ~ ' My Commissio~ ~xpira: ~ ~J ~ . 7 ~ Retutn io: ~ y ~J~ ~ First Fedcral Savings 8 loan Association i 1 t,. . ~ Of Fort P;erce. ' ~ ~ ~ ~ort Pierce. Florida ~D ~":;3~ED - 'T~1 ~ ~ d ~ ~ ST. to~~i ,;CUkTY FLA. - ~1 :'~9 ' - ~ F.C;,~'j r; a.~ S~ - ~ a_ ~r c_:? _ C URT `'y-`} ~ p'. This Instrument Prepared By J, H. Roberts Jr. ~ '~Y ;;f?` First Federal Savings 8 Loan Association f~'~'~~~'~ ' Au~ I~ 3 s3 PM'T~I _ of Fort Pierce, FloYida 33450 Checked By ~ 289241 ~ 600K ~O PACE ~4~ ~ . . ~ , - ~ ~ < ~ . _ . ~