The URL can be used to link to this page

Home My WebLink About2443 J. To piace and conrinuously keap on tt~e bu1'J~ngs now or herratte~ ~~rua~e on sa~d land and on a~t eq..~p~»rnt ~nd personally coveied by thiti ma1g~ ege, w~~h all prem~ums the~eon pa~d ~n fuU, L~e ins„re~~cn ~n the utual s`andard pol~cy iorm, in a sum eHpiuwed by the MORtGaGiE, a~~d w~nJstorm (nsurante in tM ususi uanda.d pol~cy lonn, in a wm approved by ihe MURTGAGEf, in such company or compan~es at the MORTGAGEE may dnech and all .`irs and N~ndstorm inwronce po~~c:rs on any of said build.ngs..any intere~t theroin or part thrrrof, i~ Ihe aggrega~e sum afuresa~d w in excess ~he~eof, ?hall coma]n t1,e vaual standard mor~yagee ciause or such ofhe~ da~se as the Mo~tgagee may requ.re, ma?ing ~he ~ais urxler sa~d poir c~es, each and eve~r. PaYab~e ro said MORTGAGEE as :n ir.t:~rf1 mey appea~, and each a~d every auth po~~r~ shell I~e prompt~y ass g~ed a~~d de~ivei~d ~o any held by said MORIGAGEE as furrher security to said ~nortgege dei~. and, not le~s Ihan te~ (101 days in advar,ce ot the eap~~ahon of eech po~~cy, to da Gver to said MORTGAGEE a rcnewal the~eof, toge~her wi~h a rc-ee~pt f_:r the prem;um of such rene+nal; and thrre ihall Ge no f:re or windsto~m ins~rante ~ placed on any of said buildings, any iroe~ett there~n w pa~l thereof, unleu in ~he torm and w~th the loss p+yablc as aforeia~d; and in the event any sum of monay becom.es payable unda such policy a poGcias ~aid MORTGAGEE shali hsve ths opt~on to receivr and app~y the same on account of the indebtrd- ; ness secured hereby a ro permit said MORTGAGORS to receive and use it w any part tAe~eof to~ ou~~~r purposes, y.:''~o-t ih_r~ ui va~.~ ~3 cr ~mpuir T ing any equity, tien a right under o~ by vi~tue o! thia mo:!gage; and in the event said MORTG.~GORS shall Eor any rrason fail to keep +he said pre~nis::s so - insvred, o? (ail to deliver p~omptly any of said policirs o( insurance to saEd MORTGAGEE, or f~~t promptly to pay fulty a~y pre~ni~~n therefor or in a~y j renpect (ail to perlwm, d~xcbarge, execute, e(fecl, complete, comply with and abide by this covenam, o~ any pa~t ha~eof, s~~d MGR?GAGEE may p~ace and d pey fa such insurance w any part ?hereof wi~hout waiving a affectin~ any option. lien, equity, or ~iyht undr w by virt~e of this Mortgage, and the full amount of eath and every such payme~~ shalt be ~~med~stely due and payable and shall bear intcrc~t irom the daie lhereo( umil paid at the rate o1 F nine per centum Fe? annum and to~ether with suth inltrest sha~i Fx secured by the lien of this mortgage. ~ : To permit, commit o~ suffer no waste, impairrtxnt or deterroration of said property or any part thercof. 5. To pay all snd singulsr the costs, charges and e:penses, fncluding a reasonable atrwney'~ fee and costs of abstrads o( title, incurred or pa~d at ; any time by said MORTGAGEE, because or in the event of the fa~lure on the pa~t of the said MORTGAGOR ~o duly, promp~ly and fu~~y {ie~lwm, d~scharge. : exrcute, e(fect, comptete, comply wuh and ab:de by each and every the stipulauons, agreen~enu, cond~tia.s, and covenants of se~d promisso~y note and ~h~s { ,,ortgage any o~ e~~FKr, and said costs, charges and expenses, each and eve~y, shall be immrd~ately due and payable; whe~her p not ~here be not~ce d~ ' ~~and, attempt to cotlecf a suit pend~rg; a~d the full amoun~ of each and every such payment shali bear in~erest from the date thereof until paid at ~he . ->>e ol nine per tenturn per annum; and all said tosts, charges and e,cprnses incwred or paid, tog.:ther w~th wth interest, shall be sewred by tl~e I~en of th3 s mcrtgage. 6. Tha1 (s) in the event of any breach of this Mwtgage w defsult on the part of the MORTGAGOR, «(b) in ~he eve~t any of satd sums of money here~n reterred ro be not p:omptly and fully paid within th~rry (30) days next af~cr the same severa!ly becooie due and payabfe, wi~hout demand or not~ce, or (c) in the eve~t each and every the stipu~aro~s, agreements, cond~t~ons and covenams of sa;d prom~ssory note and th~s mor~gage any or e~~her are not ~iuly, promptly and fully performed, d.schargrd, executed, effected, canpkted, complied with and abidrd by, then in e.lher or any such event the aa~d ag ~regate sum mentioned in said pronusswy rwte then remaining unpa~d, with inrerest accrued, and alt mo~~eys secured hereby, shaU bctwne dve and pay ab~e forlhwith, or thereafter, at the opticin of said MORiGAGEE, as fully and completely as ii ell of the sa~d sums of money were w~ginally shpulated to be pa~d on wch day, anyihing in sa:d pranisswy note or io this Mwtgage ro the conrrary notw~thstanding; a~d thereupon a thereafter at the ophon of ss:d MORTGAGEE, without notice or demand, suit at law or in equity, ther~fore or ~hereafter begun, may be prosecuted ss if all mooeys secured hereby + : h,d ma~ured pnw lo ~ts institution. ! That in the event that at the beginning of or at any time pending.any suit ~pon this Mo~tgage, o~ to fwi~close it, a to reform if, or to enforce ; payment of any claems Aereunder, said MORTGAGEE shall apply to the Court having ~urisd~ction Ihereof tor ~he appo~ntment of a Receiver, such Cour1 shall ~ fcrrhwith appoint a re:eiver of said mortgaged property al~ and singular, inclvd~ng a1~ and singutar the income, protits, issues and revenues from whatever ~ seurce derived, each end every of which, it being expre:sty understood, ia hereby morrgaged as if speufically set fonh and d-scribed in the g~anting ar.d ? h;bendum clauses hereal, and wch Receiver shail have all the broad and efieuive funU,ons and powers in anywise emrusted by a Court to a Rete~ver, and S s~ch appointme~~t sha11 be made by such Cou~t as an admitted rqu~ty and a maner of absolute right to said MORTGAGEE, and withcut reference to the # edeyuacy w inadequacy of the vatue of the properly mortgaged or to the savency or insoivency of sa~d MORiGAGOR w rhe defenda~ts, ar.d that such re~~rs, profits, income, issues and revenues shall be applied by such Rece~ver accord~ng to the lien or equity of said MORTGAGEE and the praUice of such GouA. - 8. To duty, premptly and fully perform, d~scharge, execute, effect, complete, comply w+?h and abede by each and every the stipuiations, agreements, cenditions and corenants ~n said promissory note and this mortgage set forth. 9. Thar in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a perw~ other than the MORTGAGOR, the :'~RTGAGEE, its successors and assigns, may, without notice to the V10RTGAOR, deat w~th such s~ccessor o~ svccessor in interest w~~h re(erence to this ~,o•~gage and the debt h~raby secured in the same manner as with Mortgagor w~thout in any way vir.ating or d~scharging the Mc~tgagors' liabil+ty here- ~.~der or upon the debt hereby sec~red. No sale of the premises hereby matgaged and no forbeara~ce on the part of the lhORTGAGEE or its successors or assigRS and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass;g~s, ai~all operate to re~ease, d~scharge, mod~fy change or affect the o:~ginal liab«ny of the MQRiGAGOR herein, eifher in whole or in parl. 10. It is speuf~cally agreed that time is of the essence of this contract and lhas no waiver of any obligat~on hereunder w of the obtigatien se- cvred hereby ahall at any time +hereafter be held to be a waiver of the terms her¢of or o4 the instr~meM setured herby_ 11. In add~t~o~ to the iorego ng mc~th?v paym~nts of ~rinc pal and interest requ~red by the prom'swry nae secured hereby, morrgagor covenants >c;~ agrees ro aay to mortgagee vv~th each month!y ~ay~ :ent an add~~ional sum rst~mated 6y mortgagee to be equai to 1; 12 0( the ann~al cost of the fo:fow- ~:~3: A-All rEal property taxes levied or assessed ayai~ist the above described real estate. B-Prcrt:~u~ni on fire ar.d vrind:ro~m ~nsurance as here~n req~:red to be carried on the ~mproveme~ts s;tuate on the above desvibed premises. ' C-Premiums on s~ch mortg3ge guaranty ir.zwa~:ce as mortgagee shaii from t~me to ti~ne deem fit to carry on tne loan secured he:eby. j ' Mortgagee shaEl ficm time to time no•iiy mcesgagor in writ~ng o( the amount due and payable hereunder and such sum shal! thereupon be due and ~ j ;~yaole on the due ciate of the next monthiy payment and each successive manth the.eafier untit mortg~gee shall notiiy .~wrtgagor of a change in svch ~ ,-:o~nt. Such sums sFail be appiied by mortgagee toward the paymen! of real property taxes, insurance prem;ums, a~id mortgage guaranty ins~rance + ~mi~ms. F W WITNESS :+NcREOf, the said MORTGAGOR has he.eunto set his hand and seal the day and year first f esaid. - ~ ] ned, aled elivared in the presence of: - F1lEC s~ : ? ~~~~QED ! - ` ST.IUL? ~ ~.`J~~Y fl/?. t Sea1) ~ ; ~AS t i - -st._ PC~' :`,.T C~URT b' Tse ; r.ti E ~ s. ~--._.c ~-v'-"-.~ ~ _ _ a c ~ ~ . : • ~ ~ (Seaq ~ _ _ - l p (Seaq STATE OF flOR10A MAr 21 L 4b 1~'~~ ~ ~OU!JTY OF $tr. Iucie ~ ~ ~ Before me rsonall a 'I'Y'8T11C~-i.i1 A. Harris and ~ - Pe Y PFeared v31@2'~6 0. H82'2'~S _ his wife, to me well known and k~own to me to be rhe individuats descr~bed in and wno executed the fwegoing instrument and acknowledged before me Ihat they executed the same fw the purposes ~ VaYerie V. Iiarris rh.~rein expressed. And the said_ :.~fe of the said Frank in A. arris , uppn a separate and private eyam~nat~on by me taken separate and apart irom her said husband, atknowledged ta arsd before me that she exttuted said instrument freely and volun- 'ar~:y and w~thout any compulsion, constraint, apprehension, fear of or from her said husband. WITNESS my hand and offic;al seal th~s__~~ ~ day oi ~ A. D. 19 ?5 ~ i s~ _ l ,~jKt+t-s[~ ~ Notary Publ' n and tor the tate of Fbrida at ~arg~ My Commis ~on eapires: G~ / 93J ~ Return To: • • , ~ . ' _ , First federal Savings a loan Assxiat;on - t ~1~ = Of Fort ~.ercz. , ~ Fo~t Pierce, ilor~da ~ ~,1 • - L• ' , ~ '`_7~. " - \ ` • ' i ~ _ j _ e i . = _ ~ _ ~ This Instrument Prepared By ~1~1• E. Braun j~ ~ ~ First Federal Savi~gs 8~ Loan Association ' • ~j ~ of Fort Pierce ~ Florida ~~C~'"' ~ ; ~ ~ U ~ ~ ~ ,,,p U~ J~ ao~K 2~9 PAGF 243f ~ ~ Checked By lU~-- ~ ` ~ ~ ~ ~ ~ ~ F'1 . . _ - - - - - - - . _ ' ~ ~ .k .Y'"J,.Y~, ~G~~.jn _ n .!Y _ ._:Yr ~.x~