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Home My WebLink About2464 3. To plac~ and continuo~ily k~ep on tM tw~Idinqs ~ww a hereafte~ ~itva~~ on ~a~d land and on all pvipment and penonally covered by this mw~y- ~ya, with all pr~miums IAe~eon patd in full, firo insur+ncs in tM uswl turdud policy fam, in ~ wm app~oY.d b~ th~ MORiGAGEE, ~nd winds~wm ! inwranc~ io NN usw) •+andud poGcy (w~n, in a ivm ~pprov~d by tM 1MORTGAGEE, in wch company w companiss u tM MORTGAGEE m+y ~ diredt ~nd atl fU~ and winds~orm insur~nn polKhs on ~ny of said ~uiW~rq~, ~ny inan~t rMr~in w pa.t thsr~of, G? 1FN ayyrc9ste tum ~faefaid or , in ~ztris 1he~wf, shall conain tM uswl standud ma~yapN claus~ or ~ucb other cl~va +s tM Matpa9e~ may reqv~r~, makinp tM bss unde~ sa~d poli~ ; cies, eath and ~vNy. paYabl~ lo aid MORTGAGEE u its inlerefl may ~ppeu, and tach ~nd ~v~ry tvch polity shall b~ pranptly ati.9ned and detivered ~o j •ny held by s~id MORTGAGEE si fur~hsr security to s~id mwtps~ debt, snd, not I~ss ~han t~n (10) day~ in advanc~ of ~h~ expir~t~on of e+ch policy, to d~- liw? to ~aid MpRTGAGEE a renewal tMrwf, tope~hu wi~h a r~t~ipt fw tAe prsmiwn of such r~newal; and ~Fur~ ~hall b~ ra f~re o~ wind~~am insur~nce ~ plactd on a~y of s~id buildinps, ~ny lntereit thsrein w pu1 thtreof. unlsu in the fo~m and with tM loss payabl~ as aiorts~id; ~nd in the ~vtnt any sum of mw+ty bccom~s payable u~du tuch polity w policies taid MORTGAGEE sMll Mv~ tFw option ro receive end ~pply tM iarrr on ~ccouN of the i~dcbted- - neu secv~ed hKeby w to permit ia;d MORTGAGORS to rettiw +nd us~ N or sny part thereof tor othcr purposes, wi~hout thsreb~ wai~ing w unpai.- ; i~g any pv~ty, lien w riyht unda o~ by virtve of this matqaye; ud in tM evc~t ia~d MORTGAGORS th+ll iw any reason fail to keep the said pramises so t insured, or fai) b delivet promptly ~ny of s~id policief o( inturant~ to said AhORTGAGEE, o~ fail promptly to pay fulty any prsmium Ihcrefw a in a~y re~psct fail b pe~fo?m, dischu9e, execut~, ~if~ct, tomplete, wmply with and abid~ by this eovenant, p ~ny part herwf, said MORTGAGEE m~y place and pay for s~ch irauranc~ a any part thereof without waivirg a affec~inp any op~ion, li~n, pu~ty, a riyht u~de+ a by virtw of this Matqa~s, and the full amo~?nt oi each and ~v~ry uxh paymenl ihall be irrunedi~tety dw and payabk and sMll bear inta~s~ from tM daq therwf u.itil p~id at tM ~at~ of nine per cenwm per annum and togethc~ wirh such imereat shall be secured by IM lien of this mortgpt. 1. To permit, commit or suffer no waat~, impairment w detcrioration of said property o? any paN thersof. 5. To p~y ~II and sirpular tM tosts, cha~pes and expensss, includiny a rea:onable ~ttw~y's fe~ +nd costs of abstr~cts of title, incurred p paid at ~ eny tims by said MORTGAGEE, because a in the evsM of the faiFure on ths put of tM ssid MORTCaAGOR to duly, prompNy and fully perform, dixhargR execute. effect, complet~, comply with and ab+d~ by ~ach and every the stipulations, agreementa, conditiwu, and aovenants of faid promi:sory note and this mwtyapa any or ei~he?, and sa~d coari, charyes ~nd eapenses, each and evcry, thall b~ immedistely dw and payable; whetAer a not there be notice de~ ' mand, att~mpt to colletf a suit pending; and ths fu~l smount of each snd every s~rth payment ~hall besr interest from Ihe date thereof ~Mil paid at Ihe ra~e of nine per centum per aru~um; and all said coati, charyes snd expenus incurred o~ paid, logether with such interest, iha?1 b~ setured by the lie~ of tha mortpag~. , 6. That (s) in the event of a~y brexh of this Mortgage or default on tM part of the MORTGAGOR, w(b) in the evcnt any of said sums of money herein refe~red to b~ not promptfy snd f~lly paid wi?hin thirty (30) days r?ext after the sam~ ieverally become dw and payable, withovt demand a notice, or in the eveM each and wery tM stipvlations, agreements, conditions and toven+nts of said promiuwy nota a~d th~s mortyaye any o? either ~re not ~uly, prompNy snd fully performed, d:xF+uged, ezecuted, eifected, completed, compfied with and ab~ded by, tl?~n in either or any such weM the said ag greyate wm mentio+xd in ssid promiuory note then remaininp unpaid, with interest ~cuued, and all moneys secured hereby, shatl become due and pay- able forthwith, or thcrrafter, at the oprion of said lNORTGAGEE, ~s fully ~nd completely as lf all of fhe wid sums of monay were originafly supulated to be pa~d on such day, anythi~g in ssid promissory note a In this Mwtgage to the co~trary notwithstandi~g; and thereupon w thereafter at ~he op~~on of said MORTGAGEE, wi?hout notice o~ demand, wit at law w in equity, therefore ot therNtter begun, may be prosetuted as if all moneys tatured hereby had malwed p~ia to il~ inalitutiOn. ' 7. TMt in thq event that at tFis beginning of or at any time pending any iuit upon this Mortgsge, w to fweclose N, a to reform it, o? to enfwce payrrKnt ~of any ctaims hereunder, said MORTGAGEE shall apply to Ihe Courf having jurisdiction thereof for the ~ppo~ntment of ~ Receiver, wch Cou?t shall Forthwith sppoint a.eteiver of said mortgaged property all and sinyutar, includmg afl and singul~r the incomt, p~ofits, iuves and revenues from whatever saurce derived, each and every of which, it being expressty understood, is hereby mo~rgaged as if apetifitally sst fath ~nd destribed In the ~r~nring and habend~m clauses hereot, ar+d such Receiver shall have all the broad snd effecrive funchons and powe?t in anywise entwsted by ~ CouA lo a Receiver, and s~ch appointment shall be msde by such Cowt as an admitted equ~ry and ~ matter of absolute right to said MORTGAGEE, ~nd without reicrence to the edequacy a inadeq~aq of the value of the p~operty mortgayed or to the so~vency or insolvency o( said MORTGAGOR p the defendann, and that such rents, profits, income, iuues aod revenves sMll be.applied by s~ch Receiver accord~ng to the lien or equity of wid NIORTGAGEE a~d the prxtict of such Courf. 8. To duly, p~omptly and fully perfwm, discharge, execute, ef(ect, complete, comply with and abide by eech and every the stipulations, agreements, conditans and covenants i~ sa~d promisswy note and this mortgage ut fath. 9. That in the event the ownership of the mortgaged premises, o~ any psrf thereof, becomes vested in a person other than the MORTGAGOR, the htORTGAGEE, its successors and assigns, may, without notice to the MOkTGAOR, deal with such succeuor w ~ucccssor in interest with rEference to this mortgage and the debt hereby secured in the same manner as with Mortgagot without in any way vitiating a distharging the Mortgagprs' lisbility here- under w upo~ the debt hereby secured. No sab of ths premises hereby mortgaged and no fabearance on the paM of the MORTGAGEE w its s~ccessors or aasigns and no extension of the time fo~ the payment of the debt hereby ucured given by the MORTGAGEE or its sutcessors w axig~, shall operate ~ ro rokax, d;xharge, modify change or affett the original liab;t;ty of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of thiz contract ~nd that no waiver of sny obligation hereunder or of the obligation st cured hereby shal~ at any time thereafter be held to be ~ waiver of the terms hereof or of ehe instrument setured he?by. ~ I 1. In add~tion to the forego:~g monthly payments of print pal and interest required by fhe promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrr.e~t an add~rional sum esumated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~ ing: ! A-All real property tazes levini or assessed against thc above ~described real estate. B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improvements situate on the above described premises_ C-Premiums on such mortgage guaranty insurarce as mwtgagee shatt from t~me to t~me deem fit to carry on the loan secured hereby. Nbrtgagee :hall from time to time rwtify mortgagor in writing of the amouM due and payable herevnder and suth wm shall thereupon be due and F.ayabk on the due date of the next monthly paymenf and each successive month thereafter ur.til mortgsgee thall ~otify mo~tgagq of a charge in such a~nount. Such sums shatl be applied by mwtgagee toward the payment of real property ta:es, . insurance p~em:ums, and mortgage guaranty insurarxe premiums. IN WITNESS WHEREOF, tFe said MORTGAGOR has hercunto set his hand and scal the day and ye 'nt afwesaid. ~ S~gned. Sealed and delivered in tF~e presence of: FILEO AM~J RECQRDED ' ST. tUCIE COL'M7Y fL~. ~ ' E _ ~ ~ ROCcn r'OITRAS ~ CLER.K ~.~CU~T COURT ! " RFf.OG;~ V~t rr[~J ~ , ~ - ' ~ ~ F~e ~l li oo AN'~5 ~ S7ATE OF FLORIDA ( ~ ~ St. Lucie ~ ~ COUNTY OF ~ Befwe me personally appeared Everett 8. Hall a~~ and ~ FYa1'1C@S L.. Hall ti~ W;i~, to me well krawn and known to me to be g the individwb described in u+d w}a executed the fore~oing in ument, and ~ledoed ~efwe me tl~at they exewted the same for the p~?rposes ~ therein expressed. And the ss~d ~Y~CQS L. tlali ~ Sverett B Hall w~fe of the said • upon + sep~rate snd priv~te ~ examinata~ by me taken separate and apart from her said husband, adcnow{edged to and before me tMt she eaetuted said initrument freely and volun- % tarily and without any cwnpulsion, constraint, appreher}Eion~yr~fesr of o? from txr said husbsnd. ~ 75 ; WITNE55 my hand and official seal thi: S~ d~Y ~ February A. D. 19 ~ ~ L y.-L,.~ r . Notary Public in and fw 1he Stat of Florids at larpe My Commiuion expiress' ~ Retum Ta _ , ~ Fint Feder~l Savings b loan Associstion .~;:,'rv F'_~ i^. ^i~'E ~f fl!:t'.!~A 2! LARGE Of Fort P~erte. ' + _ . . , ; t : /,.'i. 1. 1971 ~ Fort Pierte, florida -.-•;.w ~f rii~ic(iwd udi~~.tlS {OSYta11G~ ~i4. ~ ~ . `~~~'.111i:•i.~f~,~. i . . 5 ~ ~~~i, v`,' ~ This Instrument Prepared By Richard K. Kayes ~ -4~ ••.w v`r . ~ First Federal Savings b loan Association ~ . ; ~ i ~ ~ -of Fort Pierce , Florida = ~ ~ ~ `.J ' : ~ - ~ ' ~ J:_p ~ ~ - ~ Checked By x"1Y ~ . a < ' ~ ~ ' ~ G C? ~c ; d , ~ a~236 ~246 . =-,y~;,,,s,~~~,~,,.. ~ 1 , _ , . ~ _ . . . . _ ~ F ~ ~ ~ 5. _ . w ~ s . s . . . . _ - - . _