The URL can be used to link to this page

Home My WebLink About0636 To pl~c~ and conrinuov~ly ke~p on ~M bvi!dirga now w hereeftu ~ituat~ on ~ak! ls~d ar+d on ali eqvipnent and pe.sonally cove~ed by this mort~ wirh a~l pr~miumi thercon pa~d in• fvlt, fire insurance in ~M usual standard po~icy fwm, i~ s sum approwd by th~ MORTGAGEE, a~d wirKhtwm k~wraexe M the uswl ~tandard poYCy fam, in • sum approved by rM MORTGAGEE, in such canpanr w companias ~a th~ MORTGAGEE n+ay tWMj and ell iir~ and w~ndaro~m ins~r~~ce po~ic~es on sny of sa~d buitd~ngi, +m inlere~t Iherein w paA therwf, in tM apg.cq~t~ ~vm ~taesaid a In uccas thersof, ahail coN~in tM uiual ~tsndard mortgayee dause a euch o~her clause sf 1M Malyage~ may raquir~. mdinp the toss under said pol4 ciq, ach and evNy, payable lo taid MORTGAGEE as it~ ~intereN may appear, and each ard every iuch policy ahall b~ promptly s~a 9ned and delivered to ~ny hsld by iaid MOitTGAGEE turther Ncurity to iaid mortpag~ deb4 and, nW Ieu than ~en (10) deys in advance of the •xpiratan of a~ch policy, to d~ liw~ to ~aid MORTGAGEE a renewal ther~of, logetF~sr wi~h a reteipt (o? tM premivm of tuch renewal~ and ~he~e sh~ll be no iue or wi~ds~o~m iniu.anc~ ~ plapd on ~ny of t~id buildinya, any intereit N~erein o~ put thereof, ~nless in the form and with fh~ bss payable at sforesaid; ~nd in the ev~n1 any wm of mon~y become~ payaWe v~dar sucM policy a policies uid MORIGAGEE ihall have ths option ro roceive end apply 1he same on sccovnt of tM indebted- n~u ~ecw~d hKS6y a a ptrmit said MORTGAGORS fo receiv~ and us~ it p any part thercUf for othe~ purywses, witlw~t Ihrreor waivi~ig w~mpa~r- inp ~ny p~ity, li~n o? riyht under or by virtw of thu mo:tyaq~; and in ~hs even~ sa=d MORTGAGORS shall tw any reaton bil to keep the sa~d premises w i hwred, w fail b detiver pranptly any of iaid polKies of inwrance to u;d MORTGAGEE, or (ail promptly lo pay (ully any premium the~efor w in ~ny , r~spett fail b perfo.m, discha~ge, executa, e(fect, compltte, comply wi~h and abids by rhis covenant, or a~y part htreo(, said MORTGAGEE may plxe a~d p~y Fa ~uch insurancs or u+y p~H thereof w~thout waivinQ w ~f(xtinp any option, li~n, equity, w tgM unde~ o~ by virtw of this Mortgags, ~nd the • fvll ~movnt of each and every wch payment ti+all be immediately dw and payable and shall bear intereit from tF~e dat~ thereoE vntil paid at the r~te oi nins pe? centum per a~um and togNher with ~uch imerest shall kx securcd by the lien oF thi~ mortgeya. To p~rmb, commit o~ wffsr no waate, impairment a detc.ioration of said property w ~~y part thereof. ; S. To p~y all a~d stngular tM costs, charges and expe~ui, including a reaw~able attwney's fee and costs of ~bstrada of titte, i+~curred or peid at ~ any time 6y said MORTGAGEE, bacavu w in the event of tM fa~lure on the pa?t of tha said MORiGAGOR to~duly, promptly ~nd fully perform, diuhargs, i ?xecute, effcd, complete, comply w,~h s~+d ~b~de by each and every the stipulat~ons, sgreen~ents, conditio~s, and covenants of said promiuory note and this ~ mwtgaye any w ei~F?er, and said costs, cM~ge~ and expenses, each and every, thall be immed+ately due and payeble; whe~her w ~ot there be notice do- mand, attempr ~o col{ect w:vit pending; and the f~ll amovM of each and every such paymeM sh~11 bear interest from Ihe date thereof until p~id at the ~ rale oi nine per centum per annum; and all said co~ts, charges and exptnus inturred w paid, togelher w~th suth interest, t!?all b~ ieturet! by ths lien oi th~t morlyagc. Q Thst in the eveM of e~y breach of this 1Nwtgage or deiault o~ the part oi the MORTGAGOR, o? (b) in the evenf eny of ss~d tums of rtwney herein referred to be not promp?ly and fully pa~d wiThin th~rty (30) days next attm the same severatly become due snd payable, witFa~t danand w no~ite, w(c) in the event each and every the stipuletio~s, agreements, condifions and covenants of sa;d promiuory ~ote and th~t mwtgage any o~ either are nol ~uly, promptiy and fuily performed, d~scharged, execWed, effected, completed, compi~ed w~th and at~ded 5y, then in either w any such evenl the said ag 9regate sum mentioned in said promiasory note then remaining unpaid, with interrst accrued, and afl moneys ucured hereby, shall become due and pay- abte forthwith, or thereafter, at ths oprion oi sald MORTGAGEE, as fuity and complerely as if ~II of the said sums of money were wginslly stipu~ated to be paid on sutF~ day, anything in sa:d promisswy note or in Ihis Mortyage to thc contrary notwi~hstanding; and lhereupon w thereafter al the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be proseculed as if ~il moneys secured hereby had matured prwr to its institution. 7. That in the event that at the beginning of w at any t~me pending any su~t upon ~his Mwtgsge, w to faeclose it, or to retorm it, or to enforce paymem of any c~aims hereunder, said MORTGAGEE shail apply ro the Cour1 havir.g ry~isd:ction thereof fo~ the appointmenl of a Receivet, wth Court shall For~hwi~h appoiM a receiver of uld mortgayed property al! and singular, inc~ud:~g all ar~d s~ngular tt,e income, prohts, issues and rcvenues from whatever wwce de~ived, each and every oi which, ~t being expresa~y understood, is hereby morrgaged es if specifically sel (ath and described in the granting u?d Mbendum dauses hereof, and such Receiver shall have a1~ the broad arx! effec?ive fvncr,ons and powers in anyw~se entrosted by a Court to a Receive~, and wch appointmenf shaU be made by such Court ss an admi»ed equ~ty and a ma!ter of absolute r;gh~ to ~ said MORTGAGEE, and without re(erence to the adequacy a inadequacy of the value of the property mortgaged or to the sorvency or ~nwlvency of sa~d MORiGAGOR w ~he defendaon, and that such rents, profits, irtcome, iuues and revenues shal! be apptied by sucf~ Receiver accordu~g to the lien or equiry of taid MORTGAGEE and the practice of such Covrt. 8. To dufy, prompt:y a~d (ully perfo.m, discharg~, rxrtute, effect, comptete, comply with and abide by each and every the stipu{ataro, agreemenri, conditio~s and covenants ~n sa~d promisswy note and ~his mortgage set fwth. • 9. Thal in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, w~rhout notice to the MOkTGAOR, deal w~fh such succeuor or successor in inte?est with reference lo thia morlgagc and the debt hereby secured in the same manner as with J~tio~tgagw wirhout in any way vilieting or d~xharging the INortgagws' liability here- under w upon the debt hereby secured. No sate oF tne Fremises hereby mortgaged and no forbearance on the part of 1F~e MpR]GAGEE o~ its tuccessors or aisigns and no exeension of rhe time (or the payment of the debf he~eby secured given by the MORTGAGEE o~ its successon or auigns, sha~l operate ro re!ease, dncharge, modify change er affect the o~egmal Iiau,I~ry ol the MORTGAGOR herein, either in whole w i~ par1. 10. It is specificafly agreed that time is oi the essence of this contrrct and lhat no waiver of any obligation hereunder or of the obiiyation sr cvred h.reby shall at any time thereafter be hc:d fo be a waiver of the terms hereof w of the i:utrument secured herby. 11. In add:t~o~ to the Fwego~ng ~nonth!y paymen~s of pr~nc pai and interest ~equ~red by the promissory noie sec~red hereby, mortgagor tovenants and agrees to pay to mo:tgagee with each monthly payr:;ent tn add~rional sum est.n:a~ed by mwtgagee to be equal to 1/12 of the annual cos! of the follow- ing: A-AI~ real propcrty taxes levied w assessed agai~st the above descr~y~ real estate. B-Pre~niums or~ fire and windstorm insurarce as herein requ:red to be ca~ried o~i the improvements situate on the above described premises. C-Premiums on such mortgage guaranty ir.surar,ce as mortgagee ahall from teme to time deem fit to cany on the ban secured hereby. Mortgagee sha:l from ~ime to ~~me not~fy mortgagor in wriring of the amount due and payable hereunde~ ar~d such wm shall thereupon be due and payable on the due oate of th~ next mo~th;y payment and each successive momh thercafter ur.?il mortgagre shall notify mortgagar of a change in such amou~t. $uch sums s!:DlI be applied b~ mortgagee toward the payment of real property taxes, irnurance prem:vms, a~~d mortgage guaraMy insurante premiums. IN WITNESS Y/HER'cOf, the said AM1ORTGAGOR has hereunto xt hes ha~d and seal the day and year finf aforesaid_ Sig , Seated and delivered in the presence of: • - ! ' ~Lo-i~~ - , ~4 ( _ _ _ j - (Sea9 _ - rc.~q i - i STATE OF FIORIDA ~ ' _ I 55. cour~n oF St . Lu~i e Before me personapy appeared Cie019e C. Barlev and ROhb~ j R r1eV his wife, fo me well known and known to me to bs the individwls desuibed in and who executed the foregang insfrument, and atknowiedged before me that they e:ecuted the same tot ihe purposes therein expressed. Arx! the said -_~~}l~jiQ garl~.~- wife of the seid C;eOrA S' Barley upon a separate and private e~am~nat~on by me taken separate a~d apert from her ssid husband, etknowledged to and befae me that sF~e executed said irqtrument fresly and volurr tarily and withouf any compulsiu~, consttainf, aFprehen~q~, pr feas of or from said sband, .~~,~L;,~~i~-.~~~f~/ q WITNESS my hand and official xal this__ day of = I' =q, d!:'~~ • ~ ~y ~ ~a ~~i illf G Alt_^ RECOR~~"~ P°blic in •r+d tor rhe ~tat~ p~ {~7da~,jj }~lp4~tG ~ =T.IUCIE LOUNTY ~O"""'s"°" expires: ti= r 5 Retvrn To: ROCt".i• t~GiiRAS ~li~ipp~fq~y Y~~ r~'J~ ~ N' First federal Savings b loan A:sociat:on ~1.IC;:.St' pf CIERK C~ :CUiT COURT hy cMyr~ ~ at ~argi~. o r Eo~t P;e«a. RECO~D VERt~iED ~ t~~,~'~1~7 " ^dMidW 1h?~~~trstittXno~~; ~ Forf Pierce. Florida -.,S ~ `~'"i; J~. ~y o~ PN'~5 ~ ~ -:;s,: This Instrument Pre ared B 313~~9 ~ 2 2 j P Y Richard K. Kayes First Federal Savings 8~ Loan Association of Fort Pierce ~ Florida Checked B BOOK~42 PACE 635 - ~ , . ~ - :~i~l v ~ . : : ~ ~ -w3~-- w-rY ~ . _ -`~'Si ~ ,~`g -^3 ~ ~_~~,.,.'.u t:x.:':; a . _ _