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Home My WebLink About0412 S. To place and continuously keep o~ ~he bui!d~nga now or herealt~r ~itu~~e on ~a~d I~nd and on all equ~pmrnt and personaliy covered bY this ma~9- y~, wilh •I) premivmi thrreon pa~d in fult, lire insvrance in ~he u~ual standsrd polity fwm, In • sum app~oved by Ih~ MORiGAGEE, and w~~~ds~am in~vrance i~ ths usual st~ndard pol~cy lam, in a sum approved by the MaRTGAGEE, in suci? comp+nY w ca^`P+^~QS a~ ~he MORiGAGEE m+y dir~ch ~nd all fire and w~ndi~orm insuranc~ polrcies on any of tsid bui~d~nys, any int~rest therein a part thereof, in tht sgg~~ate i~m ala~sa~d a t"! • in ~atau thereoi, thslt coniain ~he usual ~tanosrd mor~gayee clause w iuch o~htr clause ~s tM Mor~fla8e~ may ~equ:rt, mskinp the ~ois vnde~ sa~d polt ~ cias, eacA arid every, payabte to said MORiGAGEE as its ime+est may appaa~. ~nd e+ch ~-~d •very sucA policY sha~~ ~ W~^'P~~Y au gned and de~iver~d ~o any held by u~d MORTGAGEE as tu~~her ~ecurity to wid rt+a~ysge debt, and, not leu than ten (10) days 7~ advence ol ~he expi~a~~o~ ol each pol+ty, 1o da ~ livtr to uid MORTGAGEE a rantwal Ihereof, toqeihar wi~h a rtce~pt fa the premi~m of ssxh renewal; and there shsll be no i~re o. w~~d~rc~~n in~urance p!aced on ~ny of i~id buitdinys. +ny~ inte~est tiwrein w parl thereof, unless in ~he form and with tM loss payabk ai ~taesaid; and ir~ ~he event any sum of money becomes payable urxk~ such polity w pol~ciei said MORTGAGEE shall haw tM optioe to rete~ve and apply the same on accounl of ~he i~~de~ted- neu secwed he~eby w ro permit said *110RfGAGORS to receive and us~ it a any parf thereof lor otn~:~ purposei, ~vitFwut th~~e P wa~v+~~9Po~ ~~t'P°~~' , f„ ;ng any equ;ty, l;e~ w right u~de~ or by virtw of Ihis mortgage; s~d in the evem ta~d MORTGAGORS ahall (a any reaton fail to kea the i+~d emisrs so insured, w fail 1o delivsr p~omptly any of said po~~t~es of insuranc~ lo sa~d MORTGAGEE, w fail promptly to p+y (ulty any premium therefw or in a~y ~ rsspect fail 1o pe~(o~m, discharge, execule, efFecl, complete, comply wi~h and abids by the~ covenant, a any part ha~eof, sa~d MORTGAGEE may piace and ?ti paY fa s~,cA insurance w any psrt thereof without walving or aftec?inp any op~ion, lien. puity, or rigM under o? by virrue o! thi~ Mwtga9e. and the full amount of each and every such payment shall be immcdiately due and payable and shall bear interest from 1hs daq thereof umil paid at ~M rate ot nine psr cenwm pe+ annum and together with such iMeres~ ehali be srcured by tha li~n oi thii mat9aye. 1. To permit, commit w suffe~ no wasts, impai~rtxnt or deterior~tion of said property or a~y part lhereof. S. To pay all and singular the costs, charges and expenses, includi~g a reasonable at~wney's fee and cos~s of abs~racts of fitle, incvrred or paid e~ any time by uid MORiGAGEE, betause or in the event of Ihe failure or+ !he part of the said MORTGAGOR to duly, promptly and futly perfwm, d~scharge. esecuta, effect, complete, comply w~th and ab:de by each and every Ihe slipulanons, agresmenti, ca+difions. +nd covenants of said promiswry note sr.d thi~ mwtgsge ~ny or eiiher. and sa~d cost~, charges and expenses, each and every, thall be immedia~ely dw and paysble: whethar a not the~e be no~~ce da mand, +ttempt to collect or suit pend~ng; and the full amount of each and eve?y svth payment shatl bear intrreit from the date thereof until paid at tht ra~e of nine per cenfum per an~~um; and all said costs, charges and expe~ses incurred o~ paid, togetFuv w~th such lntere~t, thall be secured by the lie~ of thu mortyay~. 6. Tha~ (s) in the event of a~y b~esch of this Mortgage or defsult on the parl of tht MORTGAGOR, w(b) in tl+e tvenl ~ny of u~d sun+s ot monsy hrrein referr~d to be not promptty and fully paid within thirty (30) days nexl after the same sever~lly betome clve +~d WYable, withovt demand or notice, or (cj in the evem eath and e~ery the stiputations, sgreements, condieions and covenants of ss~d promiswry note and th~s mortqage any w e~?he? +re no1 iuly, promplly a~d fully performed, d~scharged, executed, efFected, completed, complied wilh snd ~bided '~y, than in e~ther p any such event the wid a¢ g~egate sum mentioned in aaid promiuwy note then remaining unpaid, with interest accrued, and alt mo~cys secured hereby, shall become due and p~y- eble (o?thwith, or therea(ter, at the oprion of said MORTGAGEE, as fully and comp!etely as i( all of the sa~d sums of money were orginally s~~pulated to be pafd on such day, anything in sa;d prom~sso.y note or in this Mortgage to the coro~ary notwithsianding; and thereupon w lhereafter ~t ~he op~~o~ of said MORTGAGEE, without ~otice a demand, suit at law or in equity, therefore or thereafter begun, may be proaetuted ss if all moneys setured hereby na~ rtMtuttd P/~01 to its inslitutWn. ~ 7. Thst in the event that at the beg~nning of or at any Iime pendirtg any suit upon this Mo?tgage, or fo fwetlost if, w to reform it, w to enforte payment of any ciaims hereunder, uid MORTGAGEE shall apply to the Court having jurisdidion thereof fw the eppantment of a Receive?, s~ch Court ihall (orthwith appo+nt a receiver of said mortgaged proprrty ~II and sing~tar, includ~ng al1 and sipgular the income, prof~ts, iuves and revenues from whatever source derived, eath and every of which, it being expressly undersrood, is hereby mortgaged as if specifically ut fortK and desuibed in tF~t granting and habendum clauses hereof, and such Receiver shall have all thc broad and eifective tunct~ons and powe~s in anywise e~trusted by s Cour! to a Receiver, and s~ch appoiniment shatl be made by such Court es an admitted equity and a ma~ter of ~bsoiute right to ss~d MORTGAGEE, ~nd without reference to the edequaq w inadequacy of the value of the property mortgaged w to the so~vency- or insolvency of said MARTGAGOR w the defendants, and ~hat such ren~s, profits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or eqv~ty o( said MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perfwm, d~scharge, execvte, eifect, complete, comply with and abide by each and every ths atipulations, agreemenls, condilans ~nd covena~ts in sa~d promissory note and this mortgage xt fw~h. 9. That in the event the ownership of the mortgaged premisea, or any part thereof, becomes vested in a penon other than the MORTGAGOR, the MARTGAGEE, its successors and assigns, may, with~ut notice to the MORTGAOR, deal with such successa ot sutcessor in interest wi~h reference to thia mo.tgage and the debl hereby secured in ehe same manncr as with Mortgagor without in any way vit~ating or d~uharging the Mortqagori iiability herr under or upon the debt hereby secured. No sale of the premises hrreby mortgaged snd no forbearance on the part of the MORiGAGEE or +tt sutcessus o. ansigns and no extension of the time for the payment of the debt hereby sec~red given by the MORTGAGEE or its succeisws w au:gna, shall operate ro reiease, d+uharge, modify change or af(ect the origiral IiabiUty of the MORTGAGOR herein, either in whole or in part. ` i0. It is speufically agreed that time is of the cssence of this contract and that no wsiver of any obl~gation he~evnder or of the obligation k- ~ c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. , 11. In add:tion to the forego~ng mo~rh}y payments of princ"pal and interest required by the prom?swry note secured hereby, mo:tgagor covenants a~d agrees to pay to mo:tgagee with each monrhly payr:,ent an add~~ional sum est:~nated by mortgagee to be equal to 1 j 12 of the annual cost of ihe follow- ing: A-Atl reaf prope.ty taYes levied o• assess~d against thc above desvibed real estate. B-Premiums on fire and windstorm insurarce as herein requ:red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shatl from t~me to time deem fit to 'carry on the loan secured hereby. _ Mortgagee shall from time to time no!ify mortgagor in writing of the amount due and payab:e hereunder and such wm shall thereupon be due and f ~ayable on the due date of the next morthly paymertt and each successive month thereafter ur.til mortgagee shatl :atify mortgagor of a change in such i a-^ount. Such sums sNatl be applied by mprtgagee toward the payment of reaf property taxes, ins~rance p~em.ums, a~~d mortgage guaranty insurance ~ p.emiums. E IN Y~ITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hend and seal the day and year fint fwssaid_ ~ Signed, aled and delivered in the resente of: ~ ~ ' f l~0 AkD R~COROE~ ~ _ s~"lulp EFC~7iT~S~w. ' !Sea~ CLERR Cs~,CJtT COt?RT 5~,4 - qFC(1RD Vt'RIFIE~ t5eaq STATE OF FIORIDA ~ 23 I~ 43 IIM'~~ couNnr oF St. Luci~e ~ 292011 ~ Before me penonally appeared GE?TBId P. F1Y11t1 - a^d his wife, to me well known snd k~own to me fo be the individuals deuribed in and w execut the fotegoing instrumeM, and acknowledged before me ihat they executed the same fo? the purposes rherein exp~essed. And the said BE'tty '~1. Flynn ~ w;fe oi the said Gerald R Flynn _ ~Pw, a separate and private examination by me taken separate a~d apart from her ssid husbsnd, atknowledged 1o and befwe me that ihe ezecuted said irutrument ireely and voturr ~ rari~y and w~thout any compulsion, constraint, apprehens~o~n+, g fear of or from her said husband. ~ W1INESS my hand and official seal thi~ ~ 7 day of A. D. 19~._ ~ ~ Notary Publit in md for t State of Fbrid~ at ia?rpt _ My Commission'eapires: `~~!til:tttl(/~ , . Return To: ~'R S ~jJ/~ First Federal Savings a loan Associat~o~ ~ ~~i~ Of forr P~erce. • . . ~ . r~''r~~'t~ GE ~l! ~ ~ ~ ~ ~ •r~ Fort P~erce. florida , , t ' ti ~ii~~ ~ • ~ ~ - {i' I\.~~~~..r~~ V~r~~~/~~~M~ -L~ : ~ _f. ~ ~ ~ v ~'Y = 7d • ~ ~ ~ • ~ • ~ ~ ~ . ~ Q 4 ' . = ~ ~ J • < Ri Kayes ~ 7 = C- Q:' ~ This Instrument Prepared By chard K. ~ ~ t~ ~ ~ First Federat Savings & Loan Association ~ ~ ~ Florida ST~T~ ~ ~ of Fort Pierce ,p`' t N: ti~~~. ~,~-~,-Y~ Checked By Q~~ ~ ~ ~ - - - ~ _ - . + - _ ~ ~ ~ r: ~ ~ ~ r ; ~ a . . _ ~ ~~~~~~'~~.~.,~.r,~-~~~' ~...Y~ ~a~.~_-~ ' i ~ w_, . .