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Home My WebLink About1533 9. To pl~n and continuowly k~ep on tM b~i:dings now w haeaN~. ~itwN o~ said land u+d on all putprknt ~nd penon~lly covK~d by ~hii map~ { p~, w~th all pr~mivms tMrton pa~d ~n full, t~rs insur~nc~ i~ ~i» wwl •~anda~d policy fwm, in a iw~ approv~d by ?M MORTGAGEE. and wir+duorm . insuruic~ in ~M usw) uandard pol~cy fam, in a sum approv~d by tM MORiGAGEE, in wch comp:~y o~ canpani~s N tl~e MORTGAGEE may , ~ dirsctj and all (ire +nd wir~wrm iiuw~nc~ polKies a+ any of ssid buifd~nps, any i~~~rtil ther~in or parf ther~oi. in tM ~pp«paq ~um afwnaid or - 1n ~:ui~ Ihereof, shs~l conNin ~M uswl st~ndard rtwrt9ages cisv~ a tuch od+N d+us~ ai tM Malpap~t may rpuK~. m~kirq IM lo~s ur+J« ud polF ~ das, eath and ~vay, pay~bl~ to uid MORTGAGEE ~s iti intrroit m~y ~ppeu, end each and evcry such policy sh~ll bt promptly ats:pntd +nd d~livaed to ~ny Mld by iaid MORTGAGEE ~ur~M~ ~tcurity lo said mortyage debt, and, not leu than ten (10) days In ~dvanc~ oi 1M exp'uation ol Nth polky, lo d~- I~~er ro said MORTGAGEE a r~newat tMreof, ~o9e~her wi~h ~ rKe~pt (or the premivm of tuth reoewal; and then sh+ll b~ no f'u~ w winds~am inwrsnc~ ~ pl~ced on ~ny of said b~ildinps, s~y intcral 1hH~in a pu~ thereof, unles~ in ~he fwm and w~th the lou payabl~ ai at«~~idj and in tF» ~ven1 ~ny ium oi mon~y becom~t payable undtr wch polity or policie~ said MORTGACaEE shall hav~ the option fo ntsiw and apply tM s+m~ m accovm o4 th~ ind~bied- nesi secured hasby a ro permit said MORTGAGORS to receiw and use i~ w any part tAereof for other purposes, without thereb~ waivi~y w~mpair- ~ ing any equ~ty, lia? w ripht undsr or by v4tus of thl~ mortpagst and in tM ~veni sa~d MORTGAGORS tMll for a~y naion fail b keep ~hs .a~d p..maes w insured. w iail 1o deliver promplly any of iaid pol:cies ot insurance to uid AhORTGAGEE. w fail promptly to pay fully any premium thereior a in any . ~ respect fail to pe~fwm, d~schuge, execute, ef(ect, complete, comply with ~nd abid~ by thw cov~nant, a ~ny put hereof, ssid MORTGAGEE may place and pay fo~ such insv~anc~ w sny part thtreof wi~houl waivinp a affectir?y any option. tien, equiy, a right unda w by virtw of this Mwtyapa. ~nd tM full amount of each and wery svch payment shall bs immediately du~ and pay+bl~ and shall brai interesl (rom 1M dat~ thereof u~tll paid at tM rat~ ol ~ n;ne per centum per annum and together with such interest shall be secured by the lien o1 thi~ mortpspe. ' 1 1. To ps~mif, commit ot suffa rw waste, knpairme~t a d~teraration of said property p'iny part thereof. S. To p~y sl{ and sirgvlu the co~h, cMrpes and eYpenses, includinp a reasonabk attorney's (ee and cwts of abitruri of titk, incvrr~d w paid a1 ~ eny time by said MORTGAGEE, betause w i~ the event of the teilure on ths part of ~he said MORTGAGOR to duly, promptly and fvlly perform, d~xharg~ execure, effect, complett, canply with and ab:de by each and every the stipulat~oni, agreanems, c~o~+ditiau, and ooven~nts of said pramisaory not~ and thii morrgaye any w eithe~, and iaid costs, charges and expe~ses, each •fKI fVNY, eheN be immediately due sr+d paysblej wMther p nW ~hpe b~ notice dr ` rrand, ancmpt to colkct or wit perKl~n9; and tht full amount of each and every wch p~ymeot sha~l bea. in?erpl from ~FN date thereof until paid N the ~ rare ai nine per centum per am~um; and all said cosrs, cha~yea and expenses incurred or paid, ~oge~her wi~h such interest, sMll bt secured by tM tieo of tlw ~ mortgage. } Q TAat in ~he event of any breach of thw Mortgage or defsult on the part of thc MORTGAGOR, w(b) in the event ~ny of s~~d swns of money ~ herein refared to be not promptly a~d fu11y psid within thirty (30) days next afrer 1he same xveratly become dut ~nd payabls, without dsm~nd a notite. or (d in the wcnt each and every the stiputations, sgreemsnn, cond~tans snd coven~nts of w~d promissory note and th:s malpp~ any a titlwr art ~wl ~~ly. Pranptly and fully per(wmed, d:xharged, eaecv~rd, effected, compteted, compGed with and abided by. then in either w any such eveM Ihe said a~ grrgate sum mentwned in said promissory note then remeining unpaid, witF~ interest acuued, and all moixys sec~red hereby, ihall betome dw ~nd p~y- ab'e forthwith, or thereafter, ~t the option oi sa~d MORTGAGEE, as fulty and completely as i( eU of the said wmt of mon~y wera aipirylty stipuiated ~o be pa~d on such day, anyfhing in sa~d promissory note ot in this Mortgage to the co~uary nofwithstar?dinp; and Iheraupon Or there~(ter ~1 the option of s~;d MORTGAGEE, without reotice o~ demand, suif at law a in equity, lhcrefwe or therea(ter begun, may be p.wecvted w if all ma?eys secur~d haeby nad matured pnor 1o its institution. ' 7. That in the event ihat ar the beginn~ng of w at any time pendi~.g any suif upon this Mortg~ge, or to fontlo~ h, ot b refpm it, or to enforp p~yment of a~y cfaims hereunde?, said MORTGAG~t shalt apply to the Court hav~r,g jur~sd~aion Ihereof fw the ~ppointment of ~ Receive?, wch Caxf shall fe-fhwith appo~N a receiver of said mortgaged property all and singular, includang aIl and singular the income, pro(iri, iuves and revenues from whateve~ s~urce derived, each and evety of whrch, it being express~y undentood, is hereby mortgaged u if spetifically set fOrth and described in Ihe granring and ; hahendum tiauses hereof, and swh Rrceiver ahel! have ~II the broad ar.d eftec!ivr iunce~ene and powers irt anywise entrusted by • Cou?t to a Receiver, artd ~ a. ch appoiNmenl shell be made by such Court as an admitted equity and a matter ot ebsolute ~ight to said MORTGAGEE, and witfwut referente to the adeavaq w inadeqvacy of the value of the property mortgaged or to the w:vency or insolvency of uid MORiGAGOR or the defendants, and thet wch ~e~!s, profits, inc«ne, iuues and revenues shall be applied by such Receiver accord~ng to the lieo or eqvity of said MORTGAGEE and the prutice of such Court. 8. To duly, promptly and fully perform, dixharge, execufe, effed, complete, mmply wilh and abide by Nth snd every the stipvlations, sgreemee?tt, :ondit~ons and covenanfa ~n sa~d promisswy note er.d th~s mortgage set forth. 9. That in the evenf the ownership of the mortgaged premises, or any part thereof, becomp vesfed in a penon other than the MORTGAGOR, ths :',ORTGAGEE, its svctessors artd ass~yns, may, without notice to ?i~e :AORTGAOR, deal with such succc~sor a sutcessor in inteteit with reference to this r-,urrgage and the debt hereby secured in the sa:ne manne~ as wifh Mortgagw witlw~ut in any way vitistinp p disch~rginp the Mwt9a~ors' lisbilify her? ~nd~•r w upon the debt hereby secured_ No sale of the pcemises hereby mortgaged and no forbearante on the part of the MORTGAGEE or its suttessors cr ass~gns and no extenseon of thr time for ~he Fayment of the deb~ hereby secured gi~en by the MORTGAGEE or iri wcceuors or assigns, shall operat~ to re!ease, dixharge, modify change w a(fect the original tiab~i~ty of ~he MORTGAGOR herein, either in whok w in part. ~ 10. It is speufically agreed rhat t:me is of the essence of this coruract and that no waives of any obligatron hereundd w of the oWipation ss- cured hereby shall at any time thereafter be hefd to be s waiver of the terms hereof or of the instrument secured herby. # 11_ In add:tion to the ~orego:ng month!y paymants of princ"pal a~d interest required by the promissory note secured hereby, mortgsgor'covenants ~ +r~d agrees to pay to mortgagee with each monthly paymeM an addirional sum est~mated by mortgagee to be eq~al to 1 f 12 oi the annual cost of the follow- ' ~ ;y: ~ A-All real property taxea levied or auessed agai~sr thc above destribed real estate. B-Prem~ums on fire and windstorm u~surar.ce as htre~n req~~red to be car?ied on the imp~oveme~ts sitvate on the abwe destribed premises. C-Premiums on such mortgage guaranty irsurance as morigagee shall from t~me to time deem fit to tarry on the bs~ secured hereby. Mortgagee snatt from time to time notify matgagor in writing of the amovnt due and paysble herev~der and such sum shalt thereupon be due ~nd ;.>vable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall rwtify mottgagor of a change in i a~~ounr. Such sums shail be applied by mortgagee towa~d tlie payrtKnt of real propeny taxes, ir?surance premEvms, and mwtgsge g~aranty i ra ~~rCrnium3. - ~ IN WITNESS titiHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ~ fi fwesa' Sigeed, Sealed and defivered in the prescnce of: ~ - f~~p AML nECORDED ST.LUCIE COt1NtT fl~- +n I RO~E`'• F~+S~AS . - i rilEC/i ~.'r.l.U'r ri~URT i af_r~Rr, ~~E~ s~iF~ ~ . ~ Si:,TE ORIDA ~ ~p `1 21 P ~ ~ ~ M ~~5 ; ~ VN ! CCUPJTY Of S.~ j,~= ~ P ~1 ~ i Before me penonally appeared C'1~ rtjnn F riwa r cl r t l o,~, a~ ~ Elaine Artley t~, wife, to me well known sod known to me to bs ri,e ind~vidvals desv~bed in and who execu~ed the fo.egang inatrvment, and aclcnowledged before me that they executed the same for the purposes ~ rFe:ein exa~xd. a,a tn~ ~~a Elaine Artlev : ,,;,e af s,;d Gordon Edwa rd Artley vpon . seps..ts ~nd priwa i ~ ~.am~natio~ by me taken separate and apart from her said husband, acknowledyed to and before me tl»t she exetuted said i~strument freely and volun- ~ +ar~ly and w~thovt any compulsan, constraint, apprehens~on, w fear of or from her said husb+nd. ~ WtTNE55 my hand and ofiicial seal this_ 3rd d~y of te~mber a ~9 75 i t i otary Public in a~d fw the State of Fbrida ~t Lups _ ; My Comm~u'an expires: ~ ~ ~ : Retum To: ` First federal Saving~ 6 loan Associat;on Of Port P;erce. ~ •~•1•i,- ~ Fort Pierce, florida ```j~tli'ei1~~~`~,~~:;,. ~ : •~~....r.., ' ~f.lr,.~:Y ~ ~ .-,~J t~. ~ ~ i ~ This Instrument Prepared By J. Hal Roberts, Jr. - FT ~ . ~ First Federal Savings 8 Loan Association = ~ ' ' ~ ' , '~17:; -tea~? ~ rce, Rlorida _ ~ ~ t. ` ~ p R . n1~ ' h; . 800K ~ f r~ :'c~..• , ~ 243 P~E1533 ~ - ~ v ` ~ Checked By ~ ~ : `,/.:W~,~.ti~.+.t . ''~_,;,.~~,,:,~~w . . ~ . SP? . - ~ W ; - - - - - _ . - - - . .