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Home My WebLink About1545 J. To placa ~nd tonlinvously ktep on tM buitd~ngs now w he~eshM ~ituat~ oa aid tard ~nd on alt equipmeo~ aod p~non~liy tovK~d by Ihis mwt¢ ~g~, with •II pr~miums tMrron paid in fuil, fin intur+nce ie ~M uswl sunds.d po~~ty form, le • sum ~p~oved by IM MORfGAGEE, a~d wi+~d~twm ~ ~niuranc~ M tM uswl ~~~~xla.d pol~cy fam, i~ •~um ~pprov~d by tl» MORTGAGEE. in wch companr o~ canp~ni~s IM MORTGAGEE maY , d~rectJ ~nd aU tin ~nd w~ndswrm inwaec~ policie~ on ~ny af said build~np~, ~ny inlen~l tF»r~in o~ put IMnoi. in ~M ayy~eqaq wm dor~said w in excess ~Mreof. ihall cont~In tM vi~~l srandard ma~yapN cl~ua w ~uch o~iw~ c~wt~ a tM Ma~9aye~ may rpuw~. makinp ~h~ los~ unJ~. sa~d po1F • c~es, tach and tv~ry, payabls ro said MORTGAGEE a~ ~ts intrre~t may appear, and eaa~ aru! every such pol~cy ~hatt b~ promp~ly ass.yned and d~tiv~r~d to ~r,y held by taid MORiGAGEE a~ (unhe~ sscurity to said mw~yags debt, and, nol lets than t~n lt0) dayt +n advance af t}w expiratio+? of eath pai~, ta dr I~ver to taid MORTGAGEE • rentwal thereof, toye~hK with a rKt~pt fW the premium of suth renewal; snd tlw~ ~hall bs no fir~ or wir?dstwm inw~~et~ plac~d on aoy oi ~aid bvildir+ps, any Intens~ the~ein w pu~ the?eof. unleu in ~h~ form and with the loss payablt as afw~saidr u~d +n ~h~ weM any tum of mon~y pecwnp payable under such policy o~ policies ~akl MORiGAGEE ~hall have th~ option lo recaiw •r?d .pply tFN sanH on xco~~t of th~ lnd~btsd~ ness sKwed haeby a to permit ssid MORTGAGORS to roceive and ut~ it a Ony par~ thereol fw othe? purpaiei, without 1he~eb~ waivi~g w ~mpair- ,_ti in9 any equ~ty, lien w ri9ht under a by vutw of this mort0spe; and in IM ~vc~~ sa~d MORTGAGORS sMll tw a~y rtason fail to kaep ~iw a~d prsmisea w - Ins~red, a(ail fo de~ive~ p~omptly any of wid polide~ of insu~ante to seid MORTGAGEE, w(sil promp~ly to pay }ulty ~ny prtmium therefa a i~ a~y respect fail ro pa(ani, dixharg~, execute, ~ffed, complets, comply wi~h ~nd abide by this mv~nant, a any part heraof, sald MORTGAGfE m~y plate and pay fa avch lnswar?c~ w any part thereof without w+lvinp w ~ffectinp any option, lien, equ+ty, a right unda w by viHw of thls Mort~e, ~nd the fult ~mou~t o1 each a~d sv~ry such payment shall 6e immedi~tsly dw and payable and st~all be+r imere~l from th~ dat~ the~eoi unlil paid ~1 tM rat~ 01 nin~ pe? tentum per ~nnum and ~o3elher wi~h such iroeres~ ~hall b~ srcured by the lien of this mortysge. - 1. To psrmil, commit p suffa no wasls, impairment a dete?'aration of said properry p~ny part fheraof. 5. To paY ~II u~d strgular 11» twri, charges and expenses. indudinq a ~essonable anane~'s fee and cosn oi sbitruts ot titl~. ioaH~~d a p+id ~t eny ~ime by sa~d MORTGAGEE, becauu or in the eveM of the fa~lu~e on the parl of the ssid MORTOAGOR lo du~y, prompHy ~nd fully periorm, discharg~ eaecuts, effecL complet~, comply with and ab:de by ~ach ~nd every the at~pula~~ons, agreen,ents. conditions, and covenaMS of said promissory ewte and thi~ mortgs9e any or either, ~~d sa~d costs, cM.ges +~d eapeniei, eacA snd every, shall be immedidely dw ~nd payabls; whe~her or not the~~ bt notice ds mand, a~tempt to collect w suit pend~r+g; and the full amoue~t of each and every such paymen~ shall b~ar interest frwn tM dat~ tl+eraof until p~id at the , ~.~re of nine pe• ccntom per +n~wm; aod aH said costs, charges and expenses i~curred w paid, together wdh suth interest, shall be ~ecured by 1M lien of thw mor~gaye. 6. That (a) in the event of any breath of this Mortgagt or default on the pa?1 of the MORTGAGOR, w(b) tn tbs event any oi ssid wm~ of mo~ey herein reierred to be not promptly and tully paid wifhin thnty (30) days nexf atter the same uverally becon~e d~e and psyable, without dernand or notice, or Ic) in the event ~ach and every the stipulations, agreements, cond(tions and coven~ros of sa~d p.omiswry note and th~s mwtpape any w eiMer ar~ nol iv!y, promptly and futly perfo:med, d~uharged, ezecuted, effected, completed, compl~ed wi~h and abided by, then in either or any such evem ths said ag gregate wm mcntioned in said promiuory note 1he~ ~emaining unpaid, with inte~est accrued. and all rtwneys secur~d herebY. shall become ~N and pay- ao;e forthwith, or thereaftcr, at the option of said MORTGAGEE, as fully ar~d compieteiy as if all of ~he wid wms of r~to~ey vrere ag~lly stipulated re be pald on such day, any~hing in satd prom~sswy note or in th~~ Mortgage to the contrary notwi~hstanding; and ~hereupoi~ w thereaher ~he op~ion of s~ d MORTGAGEE, without no~ice w demand, su+t ai taw w in equity, therefwe or thereaftr begun, may be prosecuted as if ~M moneyi secund hereby h„d matured prior to its institution. ' 7. That in fhe event that at the begin~ing of or at any time pending a~y suit upon thes Mortgsge, O[ ~to;fOr~Ot1oM if. or b~eform h, Ot fo enfwp payment of any claims hereunde?, aaid MORTGAGEE sh~l1 apply to the Govrt havir.g jurisd~ction thcreol for the of s ReteivN; W!h"Cot~rt thsll fu: ~hwith appoint a receiver of aaid m«tgaged property ap'and a:nguter, i~ciud~ng atf and singular the income; ~~F fiti. issws ar+d revenues from wF~atever s~~~rcr derived, each and every o( whkh, it being expressly understood, is he.eby mortgaged u if specifically set fwth ~nd destribed ie the 9r~ntirg and h~bendum ctavses hereof, and such Receiver shall have sll the broad and rffecrive fu t~ons and powe~s in anywise ~Mrusted by s Courl to • Receiver, and s: cn appointment shall be made by s~~ch Coun as an admitted equ+ty and a mat!er of bsol~~e ~ight to wid MORTGAGEE, and without refermte ro ths adzqvacy or inadequacy oi the value of the property mortgaged or to ~he so~vency soivent~ ol said MORTGAGOR a the defendants, and that such ~c•~~s, protits, income, issues and revmues shall be applied by such Recei~ acco~d~ to the lien a.equity of said MORiGAGEE and the practice oi wch Court. ~ 8. To duly, promptly and fvlly pe?torm, discharqe, execute, effect, coryeplete, comp with and abide by each and every ths stipulations, agreements, conditioru and covenants in said promissory note and thls mwtgage set fwtht~ ~ 9_ That i~ the even~ the owne.vship of th~ mwtgaged p~cmises, a any rt thereof, becomes vesNd in • pe?son other th~n the MORTGAGOR, the !:.QRTGAGEE, its succeuors and sss7gns, may, w~shout ~otice to tne MORTGAO , deal with s•.xh succeuw or auccessor in interest with refertnce 1o this ~~o•sgsge and rhe deb~ hereby secured in the same manner as v,ith hbrtgagor 'thout in any way vitidiny w d~schsrgiop /M Mwt9agors' liabilify hera- vn:ier or upon tF~e debt hereby secured. No sala of the premises hereb~ matg and no fpbearance on the part of tM MORTGAGEE or its tutcessas cr assigns and no ez!ension of the time for ?he payment of the dcb+ hereby secured given by the N10RTGAGEE or its suctessors a auigro, shsll opt~ate ro re!ease, d~xharge, modify change w a(fect the orig~nal liabuity of ihe MORTGAGOR Fkrein, either in whole w in psrt. 10. It is spec;fically agrecd that time is of the eisence of this contr~t a~ ~?~t .~e waivM of anv ol+lioatior? hsreunder p pf fhe obligation se- cv+ed hereby shatl st any time thereafter be he~d to be s waiver of the terms hereof or of the instrumeM securedrherby. 11. In add~t+o~ to the forego"r,g momh!y paymsnts of p~inc'pal and inferesi requ~red by the promissory nole secured Ixreby, morfgsgor eove~ants and agrees to pay to mortgagee witF~ each month~y payment en add+~ionat sum estimated by mortgsgee to be equal to 1/12 of the annual tost of the (ollow- ~„3: A-All real property ta,ces !evied or assessed agaisst the aba~e descr~~d real estate. B-Pranziums on fire and windstorm msurar.ce as herein requ~~ed to be carried o~ the im~roveme~ts situate on the above described premises. C-Premiums on such rr.ortgage gua~anty insurar:ce as mortgagee shall frorrt r:me to time deem fit to carty on ihe Ioan secured hereby. w..... .ti.n s..,... .:...e .....:c . _ .a_._ ~a _r :....L .~.~u .~......r^s be due and ! c~y.jble on ths due date of ~he next monthly payment and eech successive month thereafter ur,til mortgsgee shall notify mwtgagw of a change in suth 'i a~~~vnt_ Such sums sF:a11 be appiied by mwtgagee toward the payment of real property t~:es, inwrante prcm:ums, and morlyage guaranty inwrance ~-~•e'niurtls. IN WITNESS WNEREOF, the said MORTGAGOR has reunlo set his hand and seal the day and it sfwessid: Siy Seakd and delivered in the presence of: - • . ftlEO ANU kECORDEO W, ~ ST.IUCtE COUNTY FLA• ` ROGER P017RAS ~ CLE~K ~;FCU~1 COURT n ~ RECO~~ Y~FIFIEO - n-~~ ~ ` ~ 9 12 sl PH'75 ~ STATE Of fLORIDA ~ ~ couratY oF St . Lu~'1 e a~~~:~~ ` Befwe me personally appesred S1ZfP51A 7~ A~1~'tpl~ a Si a~,le a~~ lt 5 ~ - -~i~ wiisr to me well known and known to me to bs ;he indiridwl described in and w1~o executed tF~e foregoing instrument, and scknowfedged before me that F~e executed the same fa the purposes ~ ~ thereinexpressed. +4w~fhs.e:~__ - - - i . ( ~.~i11~'Iiva1~- ,n:fe -oF M~ ~ssi~ - - -~rpen . ~ e«a~.+~n.tiow ~r .r~~ +ai~w-a~p~r~te -~~.p.r~ ksa. iK.+ sai~ Iwwb~wdr edene~?kdged~ t~ ~ew~ reio+r~r ed-a~iJ ~rrMi,s~i1 ~ ,i~luw- ~ r«~iy-sniw+dwn?-~wreow~pdsiowrMwcMSi~."e'~ ~~fe~rvferb~r i~!-#ws~aed- d Q4",t~~.i~- • . , i, I WITNE55 my hand snd offitisl seal this_ ~ 6 - ' _.Q: ~ .j ,-`~s € ~ y ti ofsry Pu in for the Sta» ~lJot' a1?ar~1 r i . ; My Commiuion expires: Y ~ ~l ~ : t . e~t„~~ To: : ; . a~~ - ~ F~rat Federa) Savings d. loan Association ~t~ • : ~ Of fort P:erce. MY CUA11iflSil:' 'p1RES~ I~~~I 1 E 71:;;• ~ fort Pierce, Florida 80yDE01HR(I ~EMERAL IK;,IRAH f'dNDtR111R1tE1~ I~ 1 i ~ ~ This Inst~ument Prepared By J. Hal Hinbers~ Jr. - ~ First Federal Savings & Loan Association ~ of Fort Pierce , Florida 33450 ~ R 243 ~ ~ BO~JK PACf 545 ~ Check ~ ~ ~ . • ~ ~ e JA . . . w ~ , _ ~ - _ - - - - - - - =~Aa