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Home My WebLink About0460 ~ : 3. To plac~ and continuously kcep on the bu:td~ngs now w hereaftN slw~te on said land and on ~II eqvipmen~ and patonatly oov~r~d by tNi matQ• ~p~, with ~1) p~emi~ms Ihe~ean p~~d in (uli, li~e insurance in ehe utual ~tandard policy form, i~ a tum approved by th~ MORiGAGEE. ~~d wind~twm t M?~waoc+ in tM wwl ~~andard pol~cy iwm, in a wm approved by tM MORTGAGEE, 1n tuch company o~ tomp~~its as Ih~ MORTGAGEE may ~ dinctt N+d ~II lirs ~nd w7nd~iorm ineuranc~ policies o~ a~y of said b~iid~e+gs, any intar~i~ ~Mr~in or p~?t th~noi, in tM ~reyat~ wm ~for~iaid w ;SS 1~ ~auat ther~of, ~hall conhin ths v~val itandard mortgagse tlauss a such o~i+N tlwt~ at tM AAal~apN may ?sqv~n. makinp 1M lou ~~dt~ said poli~ ~ ciq, each and every. paYabl~ a i+id MORTGAGEE as it~ imereft m~y ~ppsar. ~nd each ~nd ~very tuch policy ~h~ll b~ promptly aw:9ned u~d d~liv~rsd to ~nr M1d by iaid MORiGAGEE ~s (unhe~ iecurity to said ma~9aq~ d~bt, and, not less than ten (10) days in advanc~ of H+~ ~xpir~tion of each policy, to dr i liva to iaid MORTGAGEE a renewai thsreof, topa+her with a receipt for tha premium of such rt~ewal; a~d ther~ ~hall b~ ~o fir~ w wind~tam inawanu i pl~c~d on any of ssid building~, ~ny interest the~e~n w put thereof, unteu in ths form snd with tM lou payabl~ u afw~saW~ uid in tM ev~nf a~y sum of mon~y becpnes pay~bl~ w+da ~~ch polky or policies said MORTGAGEE shall have Ihs optioe~ fo receive and spply tM s~me an acco~~t of tM i~d~bted- ~ n~a s~cw~d Fwsby a w permit saW MORTGAGORS to reteiv~ and ~ it or any part ~hereof lor o~her pu~potes, without thareb~ wai~iny o~ wnpai.- inp u~y pu7ty, lien w riyhl u~de~ w by v41~rs of this mortyspej and ie ~M wem ~aid MORTGAGOR$ ihsli fw any ?~asa+ f~il to ke~p ~M said pr~enises w ; inwred, or fail to deliver promptly any of iaid policies of insursncy to sa~d MORTGAGEE, w fail promptly to pay fully any premivm tMrefor or in u+y r~~p~ct fail b pKfpm, dixha~~e, execut~, ~ffect, complete, comply wirh ~nd ~bide by th~s cove~?ant, w sny pan hxwf, ~aid MORTGAGEE may plau •nd p~Y fa ttxh inwra~c~ ot any part thereof without w~ivinp or •f(ecttnp ~ny option, li~n, puity, w ripht under a by virtw of thls Mort9ape, ~nd the full ~mount o} tath u~d twry ~tuh payment shall M immediately dw +nd piyable ~nd shall bear inte~eit from t!w date the~eof vntil paid at tM rale ol nin~ per centum pe~ annum and to~rthe? with tuch interest shall be setured by the li~n of thi~ mottgape. : 4. To pKmit, commlt w suf(e~ no waste, impairment w dcterioration of said property o~ ~ny put thtreof. ; S. To pay sll ~nd ~ingular tM costs, chsrpes ~nd expsnae~ including s reawn~bl~ attaney'~ fee and ooits of sbstrscq of titls, incvned w p~id at eny time by said N10RTGAGEE, becauis o~ in the evtnt oi the faiture on the parl oi the said MORTGAGOR b d~ly, promptly ~nd fvlly perform, diichug~, execure, effett, compleq, comply with and ab~de by aach a~d every the itipulatiau, apreements, ca?ditions, ~nd covenanb ot said promi~wry rat~ and thii mor~yape u~y w ei~her. and sa~d msts, cMryei and sxpenxs. each and every, shall b~ immediately dw ~nd pay~btet whetMr or nw tliere 6e ratice dr mand, attempt to collect or iui~ pending; and the full amount of each end every iuch paymem shall be+r interest from tM date thereof until paid at the ~ rate of nin~ per centum per sr~num; and all ~aid cosu, charges and expenscs incu~red o~ paid, together with wch interqf, shatl b~ secwed by the lien of th4 { mottyap~• ~ 6. That (a) in the evant of any breach of thii Mortgage w default on the paN of the MORTGAGOR, w(b) in ths event aey of Nid wr~u of money j herein referred to be not promptly and fully.paid with~n thl~ty (30) days next after the same uveratly bccome dw and piy~bl~, withovl demand or notice. ~ or W in th~ ~vent exh ~nd every the stipulations, sgrecments, conditions and covensnts of sa~d promissory ~ote a~d th~s matpp~ u~y a eitl+K ~r~ no1 t i~ly, promptly and fulty perfwmed, dlxMrged, axecul~d, ef(eded, completed, canplied with and abided 'ay, then in either a s~ryr wch wtM tFw s+id a¢ ' r ate sum mentioned in said ~ 9 e9 p~omiuory note thc~ remaining unpaid. with i~terest attrued, a~d all mpneys set~red hsrebY, ahall betome dw a~d p~y- ebte fathwith, w thereafter, at the optio~ ol said MORTGAGEE, as fully and completely a~ if all of the said sums of money were apir?~Ily p~pulated to be paid on fuch day, anything in said promissay note or in thia Matgage to ~he contrary notwithstandin~; and Ihereupon or thereafta at tF?t optan of i said MORTGAGEE, without nol~ce or demand, tuit at law or in equity, thcrefore a 1Fxreafter beyun, tnay be prosecuttd u if ~II moneys tatvr~d hereby i had tn~tured prior lo its instit~tion. # 7. That in the evenf that at the beginning of w at any time pend~ng any suit upw~ this Mortgsge, o~ M fpacbse h, or fo refam H, w fo enforce payment of e~y claims hercunder, sa~d MORTGAGEE shatt spply to the Court having jurisdiction thereof !w the appo~ntment of ~ Receive?, wch Covrt sMll Forthwith appoint s receiver of uid mortgaged property al1 end sing~lsr, includ~ng all and singutsr the income, prolits, bsws and rwe~ues from whatever f source de?ived, each and every of which, it bei~g expressly understood, is F+creby mortgaged as if tpec~fically set fath and dewibed in ths yranrirg and habendum clauses hereof, and svch Receiver ths11 have aU tFx broad and effective funchons and powers in anywise entruited 6y a Court fo s Receiver, ~nd ; such sppointment shall be made by s~ch. Court as sn admined equity and a mane? of absolute r;ght to uid MORTGACaEE, and without reference ro ths adequscy or inadsquacy of the w{us of the properry mo~tgaged or to the w~vency or insolvency of said MORTGAGOR o~ the d~fendant~, and thaf such renu, profin, incane, iuues and revenues shall be apptied by such Receiver according to tht lien or equity of said MORTGAGEE ~+d the practice of such CouA. 8. To duly, prompfly and fully periorm, dixhsrge, execute, effect, compiete, comply w~rh and abidt by e~ch end every fhe atipulations, sp~eemenfs, j conditeons and cov~nants in ssid promi~wry rate and this mortgage set forth. i 9. That in the event the ownership o! the mortgaged premises, a any part thereof, becwnes vested in ~ perwr~ other thsn th~ MORTGAGOR, ths ' MORTGAGEE, itt successors and assigns, may, withou~ notice to the MORTGAOR, desi wiih such succeuw w successor in interest with referenct to fhis mort~~ye and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating p diuFwrginp fhe Mortqagora' liability here- under or upon the debt hereby iecured. No safe of the Fremises hereby mortgaged end ~o forbearance on the part of the AhORTGAGEE or iri successors or assig~s and no extension of Ihe tirne for the paymcnt of the debt F.ereby sctured given by the MORTGAGEE or its sutussors or auignt, sMll operate ro release, dixh+rge, modify change w affect the orig~nal liab~lity of the MORTGAGOR herein, either in whole w in put. 10. It is spectfically agreed that time is of the esxr+ce of this contract and thst no waiver of any obligstio~ hereunder ot of th~ oblipsYan se- cured hertby shall at any time thereaher be held to be a vraiver of the terms hereof w of the imtrument secwed herby. 11. In addition to ihe fwego'rx~ munthly paym~nts of pri~c'pal ar+d inrerest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee vuith each monthly pairnent an add~rional sum estimated by mortgagee to be equal to 1/12 of the art~ual toat af the falow- ing: A-All real property taxes lev~ed or assessed agai~st the above descrihed real estate. B-Premiums on fire and windstorm insurante as hevein requ~.td to be urried on the improremeats sitwte oe~ tMe above destribed ptemises. C-Premiums on such rrwrtgage guaranty insurance as mortgagec shall from time to time deem fi1 to carry on the ban secured hereby. Mwtgagee shall f.om t~me to t;me nor~fy mortgagor in writing of the amount due and psyable hereunder and such wm shall thereupon be due and payable on the due date of the next month!y payrr.ent and each successive month thereafter ur,til mortgagee shall notify mortgagor of s thange in suth amount. Such sums shall be app!ied by mwtgagee foward The payment of real property taxes, insurance prem:ums, and morigage guaranty insurance premiums. ! IN WITNE55 WHFREOf, the said MORTGAGOR has hereunto ut his hand and seal the day an/d~y fint foreu' . j Sip~ed, Sealed and deliver in the preunce of: ~ ~ ~ • ' ~ Charles Louis W che ~n aq I sahe l le W~v _hp (Sean ~ E STATE OF FLORIDA ~ F COUNTY OF St . Lucie ~f«e ~„e ~,~o,,,uy ,~a.~d - Char l~ s Lou i s Wvche Isabelle Wyche h7s wife, to me weU known.nd known ro ms ro be the indiridwli dewibed in ~nd who executed tF~e fweyoirg instrurn~nt, and acknowledyed befors ms that they ~xecuted the ssme for fM pwpoKs therein expreised_ And 1M sa~d I sabe l le Wyc he ~ w;fe ,f ,,;d Char le s Lou i s Wyche - , upon . sep.?.r. ,nd P.iw» ~ examinat~on by me taken iepa~ate and apan from her seid husband, edcrawledged to and befwe ms thst ahs exetuted said imfrument freely and volun- tarily snd w~thout any compulsiw~, co~straint, apprehens~ , or feu of or from her said husband. ' ~ WITNESS my hand and official sesl this d~y of `J y~ q, Q, ~q 7S ~ d • ~ Notary ?ublic in • f th~ • of f ~f larp~ ~ My Commiuion ucpires: ~ Return To: /~r ~ ` ? Fint Feder~l Savings b loan Associat~on f~~Ed ~}16 ~ Of Fo~t P~erce $j, ~UL?~~ , R~CORpEO ~ Fort Pierce, Florida RI. C_ F ~OUAtTY FLA. j ~ CLE~R F~i;RAS , ~ - P~r.r p , P1 ~~~p COURT . ~t ~ t ~ y~ F1 ~~i-, ~ ` . Thi s In strument Pre pared B y John W. Collins J ~ • r~; ~ 1~ z S? ~H _ : ~O1 A R p ~ First Federal Savings 8 Loan Associafion 75 ~ ~ of Fort Pierce , Florida 31 r-,~~ oa'4 •~a1,~,,~ , y: ~'UB~~r'' . . ~ ~ Chetked By ~ ~ • . ~ ~ -r,;. • • ~ I~ ' ^ a~, _ ~ 800K rL~~ WIGE . ~v ,,`li 4.~ ~ _ ~ { ~ ~-~~rJ~~ ~k.~ :.,y ' ~ ~ ~ ~ ~ ' - - ' ff ~e. _ . _ . .