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Home My WebLink About0752 . ~ ~ ~ 3. To plaa and continuoi,sly k~~p o~ tM buiidinps eww w Mr~ahN ~itv~t~ on said land ~nd on ~il ~iprm~t ~nd pptaully cownd by thi~ mwlt ~ t ~ p~, with di prNnivms tMreon pa~d io fvl~, fin Insvr~nc~ ie th~ uwal ua~dard polky iorm, in a wen approwd by tM MORTGAGEE, ~nd wind~tonp ~ t M~w~ in tM uswl atandard pol~cy forny tn a ~um ~pprov~d b~ tM NIORTGAGEE, in wd~ tompany a con+panip a th~ MORTG/1GEE nyX « : dincq ~nd dl fa~ and wind~w~m inau~~no~ policies on ~ny of s~id bvildi~+p~„ ~ny irtNrpl thKtin o? put tMrwf, M th~ aqqrp~t~ ~wn ~faes~id o~ i M ucau therw/, sMll oonrain ~M vsual ~andad morryape~ clau~ or wch a!w claus~ at rM MorppM may ~pvin, n+akinp 1h~ lot~ w~da wid po1F ci~s. ~ad~ and ~vKy. WY~bI~ ro uld MORTGAGEE as ih interat msy ~ppwr, a~d .ach «,d •w.y wd+ ~rcy ih.~1 b. wo~b a~.:~d .od d.uv...d ro a+y~h~W by ~aid MORTGAGEE a(unMr secv.ity fo said mor~yay~ dcb~. and, not 1~~ than t~n (10) day~ in adv~na of th~ ~~p&ation of t~ch policy, ro dr to uid MORTGAGEE a r~wal th~rwf, tope~I+N with ~ ~~u~pt fo? tM pr«niwn of wch nc~twal~ ~nd 1Mti sMll b~ rq fw~ ot wied~tam Inwr~nq p~~ad on aey of said b~?ildinps, any tntaeat the:sie or pa?t tM.wf, unlsa in tM fam and wi~h tM loss p~y~bl~ u ~faNald~ and in tl» ~wet ~ey sunl ` ~~Y ~a~ Wy~~ w+tM~ wch polity a poiici~~ said MORTGAGEE shall haw tl+~ option to reoeiw and ~pply tM s~ on ~aounl oi th~ I~debtNl-... rnts t~cwed ha~by a w p~rmit said N10RTGAGORS ro noeiw ~nd us~ It w~ny. pu1 therwf fw other purpos~s, wi~hout ~Mnby waivinp w impal~r ; 1rg any pvity, IiM a riqht undsr a by vi~tw of thia mortppsJ and i~ th~ ~wnt wid MORTGAGpRS ihall fo~ any r~awn f~ll to k~tp th~ said phmises so tnaur~d, or fatl w d~livtr promptly ~ny oi iaid policiea of in.w•nu ro s•~d MORTGAGEE, or fail promptly to p~y ivllr ~y pnmium thertfor a M+ any r~~p~ct fail to pKfwen, disch~r~o. ~aecvre. ~ifecf. canpleh, oomplY wirh ~nd abid~ by thts eowoar+t, w ~ny put hN~of, w~d MORTGAGEE may plan ~nd ~ paY tor such inwru~c~ or any part thereof withovt waivinp a atf~cfinp any .option, liei?, eqviry. or ripht ~ndK a by vtrtw of this Mwtpa~, and tht ~ full amovnl of ~ach and ~wry such paymsnf iha~l be inun~diat~ty d~s and paysbN ~nd sh+ll bear imtreN irom th~ daN tMreof vmil p~i~ d th~ raN ol nin~ pN cy~rum pa ~n~um a~d rogefher with iuch inte.esr sM1I be sec~rod Dy tM. lisn oi this mo~tpap~. . f } 1. To pKmit, commit or suffa oo wut~, fmpa'umrnt or deteria~tion of uid prope~ty or ~ny put tl~eof. ' ~ 5. To p~y all uid si~pvlu tM cwts. cAarpes u~d ~xp~nses, includirp a nason~We attorney's fa~ and aosb of ab~aacts of titb. I~cwr~d w pald i1 ~ any time by said MpRTGAGEE. b~cavs~ a in the ~vent of th~ fa~lun on th~ p~h of th~ s~id MpRTGAGOR to duly. promptlr and ivlly p«fonn, di~clw.~ •xecvt~. ~ifscl, compl~t~. comply with and ab:d~ by eacl~ and every the stip~tatio~a, agreanents, cor?ditio% ~nd oownants of said promis~ory iwt~ and thi~ ~ ~+ortp+p~ +ny w~ithe~, ~nd sa~d costs, chupes and expenses, esch and every, ahatl b~ teewnediat~ly dw ~nd p~y~bN: wMtlw~ p not tMn b~ notiq dr i m+nd, anempt ro eoll~ct w wit psnd~npr and tM full amount of aach ~nd tw~y wch paym«?t sh~ll b~a~ intKKt from tM dat~ tFweof unttl paid ~t the ~ rate of ni~ p~r pntum pa annum; and all said msts, charges and expe~ses iKwred or peid, topNMr witA suth interpt, ahall b~ sstw~d bp th~ I~n of tNa ^wrlp+~. - 6. TMr (a) in tlw w~nt of ~ny breach of this Mwtgap~ w default on the put of ths MORTGAGOR, a(b) io ths ~vw+f ~ny of said sums of eeoewr hsreln nfN~ed ro bs +?ot prar~pNy ~nd fully paid within thirty (30) days nex~ afte~ ~M same ~evsr~ty bacom~ dut and payabb, withow dNn~nd or notioe. w W k~ t!~ ~wet ~ach ud ~wry tl+~ stipulatioro. agrsements. conditions aed cown~nb of said promis~wy note a~d this morp~ any a~itha an no1 iuly. pranplly ~nd iu11Y performed. d~xiu.9ed. ~xecuted. ~ffected, completad. complied wifh uid ~bided by. th~n ln ~itha w any wch w~M th~ said p~ pregafe wm msntaned in said promwiory note then remai~ing unpaid, with inta~at acuued, ar~ all moMys secv~ed h~r~by, shr11 b~tane dw and pay. able for~hwith, p thsreafte~, at the option of iaid MORTGAGEE, as fvlly ud compktely u if ~II of ths said awns of mw+~y wer~ arpinally st~pulated ro be p~id on such day. anything io sa;d promissory ~ote w in this Mort~ay~ to th~ contrary notwi~hstsndinp: and there~poe or t r~afta ~t th~ option of uid MORTGAGEE. withouf f101itf O? d~m~nd. wit ~t law or in p~ity. thet~foro a thereafter bayu~, mar b~ prwecvt~d a If ~naneys Mcw~d hweby had matwed pwr to iri iratitution. 7. Th~t in th~ event that ~t 1he begim?i~p of w at any time ~xli~g any svit upon this Mortg~gs, or M faeda~ h, or to hform N, a fo enfwq paYment of amr daims hereunder, said MORTGAGEE sh~ll aPp1Y to tl~e Cowt Mving jwisd:dion thereof fw th~ ~ppoinhrwnt of ~ R~oeiw~. wd~ Cowt sh~ll forthwith appoiM • receiver of uid mortyaged propcrty ~11 e~d sinyuls?, inc~udug atl and singul~r the income, pro(it~ bt~s and rw~nws from wMtewr source derived, e~ch ~nd every of which, it bein~ expressly undcrsiood. is her~by ma~peged at if specifically tet fath ~nd ~d~scribed In tM pnntinp and habendwn clausas hereof, and svch Rccaiver sha11 have all tF~e broad and efiective f~ncrions and powcrs in ae?ywise ~ntnnted by ~ Co~rH ro a Receiva. ~nd sixh appototment ahall be mad~ by wch Cowt ss s~ ~dmined equity a.~d a rrwne~ of absolute right to s~id MORTGAGEE, and withow refKer~ce ro tFr adequacy w i~adeq~racy of ths value of the propeny mortg~ged o~ to the soivency w insolvency oi said MpRTGAGOR or tM defendants, and tMt such rents, profib inco.n~, isues and•revenues sMli be applied by such Recelver sccordinp to tht lien w puiry of s~id MORTGACaEE and tM practic~ of such Court. . & To d~ly, promptly end fully perfwm, disclwrge, execute: effecl. complete. Cwnply with and sbide by wch and ~y th~ stipvlafio~q, sQreemenri, conditioro and covenami in sa'd promissory note and this mortgage srt forth. 9. That in the event the ownership of tfie mortgp~ed promius, or ~ny part t(xreof, beoornp vpted io a p~non other Nun th~ MORTGAGOIt, th~ MORTGAGEE, ifs successors and auigns, may, without notice to the MORTGAOR, deal with suc1~ successw or svaessor in i~te~est with r~fer~nce to tha mo.~gaps and ths debt Ixreby setured in the same man~et as with Mwtgagor without in a~y way vitiatinp oa dixharqinp tlw Mort9agors' liability lMra under or upon the-debt hereby sccured. No. sale of the premixs I+ereby roo.tyayed and np fwbsarena on th~ psrt of tM MORTGAGEE a its succsswn or ~uigr~s and no extension of the time fw the payment of the debt hereby secured given by the MORIGAGEE a its woo~ssoq er assiprq, ,Iy1~ epsr~t~ ro retease, d~schar~e, modify ch~ng~ a•ffect tM wiginal r,~;ty of the MORiGAGOR herein, eithe~ in whole a M put. 10. (t is specifiuliy agreed that time is of the esunce of this contract and that no waivar of any obl'~gatan here~nder or of fM obliyation ~r ± cured hsreby sf~all at. any tim~ thartaft~r be held to be ~ waiver of ths terms hereof w of th~ inatrumeM s~cwd herby, 11. 1~ add;tion to the faego:ng monthlY paYments of princ'pal and iMar~st required by the promiuory oole securtd hsrebY. mutyago? cov~n~nb and agreea to pay to mortgagee with eath monthly paymem an eddironal ium est~mated by mwtgagee to be eq~al to 1/12 of the amwl cost of the follow- In9: ~ A-Al1 real property taxes levied or auessed agai~st the sbove described rcst estate. ` B-Premiums on fire and windstorm ioswance as here~n requ~red to be carried on the improvemenb sitwte oe~ the above desvibed premises. ~ C-Premiums on such mwigage gwrarty insuranoe as mortgagee shsll from timt to time deem fit to carry on the loah secvr~d hereby. ~ Mwtgagee shall from tFme ro t~me notify mortgago. in w.rit;ng of the amount due and payabk hereunder and such wm sMll thereupon be dve ~rd ~ payabk on fhe due date of the next monthly payment and each s~ccessive rnpnth thereafttr untll mortgsgee sha1~ nWify morfgsgor a/. a ~hanpe i~ wch ~'~i amount. Such sums shall be applied by mwegagee taward the payment of reat property taxes, inwrance premiumf, and mortya9e ywranfy rance premiwnf. . , - IN WITNESS WHEREOF, the said MORTGAGOR has ixreunto set his hand and seal the day and ye {int Sigrwd, S~al a etivlted i e presence of: ' L > nneth Merithew ~ ~ _ ~ ~ - _ r~.,~ ~ Ruth E. Merithew ; - ~ STA7E OF FLORIpA • ~ COiINTY OF St . WCie ~ i ! ` Osfor~ rrw penonapy ~pp~ared Kenneth M. Merithew i ~ Ru t h E. i?!e r i t hew tas wH•, ro e,e wdl ~ tn~r1, •and,~cnown w R,e to b. ~ the individwls dewibed in and who executed the fue~ang instrument, ~nd acknow{edyed befort me that tF~r _,t~scqf~d lth~s~/M~s for tM purpos~s rherein expressed. And the sa~d I2Uth E. IN@YiLh@W ~ w;fe ~ Kenneth M. Merithew ~ ~ examit~ation b me t~ken se s~a~~ i Y parate and apart f~om her said' hvs~and. ~clcnowledged to and befors m~ that sM sxeaj~itl' did bq~ 1ry~1~ ~nd v~olur~ ~ rarily and withoufy~ny compulsion, constraim, apprctxnsic~ ~feu ofdw from her said huiband. ,y~ ~r~~l~~ Y~~ "~75 ar ~ i WITNESS m hand and off~cial sesl this ry~ ' A, 19 i ~ ~ ~ ~ , = , • •ry Pub~ic in and fof tlwSf .?r:.-a a' tnrge My Comm's~ion ~npires; ' ' G:~. 17, 1418 Return To: ' • ~ ~~~mti'eeeli E'ir~ L C»va:ty Ca. Fint Federa) Savirgs 3 Loan Astociation ~ ~ Of Forf P;erce. ( fort Pierce, Florida fllEa Ak0 RECO ~ /C ~ ST.IUCIf CO'JNT1r~tA. s _ RGCcH P~!TR~S ~ CIERR C.'C;)iT C01lR1 RECORQ vEP FtEO ~V This Instrument Prepared By John W. Collins First Federal Savings d. Loan Association ~ gn 06 ~ ~ of Fort Pierce , F lor i da JY Checked By rl ~ ~ ~ ~ 753 . . , ~~,~.~i~ ~ ~ ~ _ _ - _ _ _ _ . ~ - ~ ~ . _ . .