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Home My WebLink About1969 To plac~ and continuously keep on the bui!dings ~ow or hereefter ~itvate on sa~d ~and and on all cq~ipmen~ u~d p~rso~ally covt~ed by thi~ matp~ ~gs, wi~h •II pr~miumi thc~con pa~d in full, f~re insurance in the usuai ~u~dard ~,o~ity form, i~ a wm apyrovad by tM N10RiGAGEE, •nd windstam insurance in 1he ~tual slandard pol;cy fwm, in a sum ~pprorad by tFa MORTGAGEE, in sucA comp+~y w canpar+i~t u tM MORTGAG[E may direct; •nJ all 1ir~ ~nd wind~torm inwrance policies on ~ny of said build~nys. aoy interest lherein or part ther~of, in tM ap9rcp~t~ sum ~(wlsaid a In excefs Ihereof, thall contain tM us~al standard moregag~s davf~ w iuch o~ha d~uie N ~Iw Mort~ag~e may requu~, ma?iop th~ losti undN sa~d po1F des, e+cA and evary, p+yab~e w ~sid MJRTGAGEE a~ ~ts interest may ~ppe~r, a~d each and every iucA pol~cy shall be promptly ~ss g~ed and de~ivered ~o i' an; held by said MORTGAGEE as fur~he~ sccurity to taid mor~gaye deb~, and, not tes~ than ~en (10) dsys in advance of the expi~ation of each pol~cy, to da I~ver to said MORTGAGFE a ~eoewat Ihereof, toqethn with a receipt fw the pramium o! tuch rer+ewal; and 1her~ sMll be no fire or wind~to~m inwunt~ ~ plac~d on ~ny of :a~d buildin9s, aoy interas~ the~e~n w pai~ therrot, un:eas i~ ~he (orm and w~~h the bu payabla as •Iwesaid; u+d in fhe event any sum of monsy become~ pay~ble unda such policy a poLcies wid MORiGAGEE shall Mva the o{~?~on to recr~ve and appty tl+~ s+me on accounl of tha indeb~ed- neaz secu~ed hereby w ta pe~mit safd MtC)ftiGAGORS to receive and uu i~ w any part :hr~..~of for o~her pu~po~es, w+~hout iharso~ wai~i~.g o~ «npair- ing any equity, I~e~ or ~ight under or by virtue of this ~++atgage; and in ~he evem sa~d MORTGAGORS sMll fa +ny ~eason fail to kerp Ihe iaid prt.~.i;,.~-s so ~ ~nsurzd, or fail ro delive~ promptly a~y of said pol~cies of insurance 1o sa~d MORTGAGEE, or fail p~omptly to pay fu~ly any pre~rium there(or o~ In ~ny respect (ail to ptrfwm, discharge, execute, ef(ecl, cunptete, comply wi?h and ab+de by th~s covenant, or a~y ;~art hereof, said MORTGAGEE may p~~te ~nd rt pey foa such insurance or any part thertof withoul waiving a affecting any option, lien, equ~ty, or righl under o~ by virtue oi this Mwtyage, a~d the full amovn~ ot each and eve•y such paymont sh.~tl (x ~mmediatety due and payaGte and shall baar inlerest irom the d~te thereof u~til pa~d at the rate oi ~-L_ ~~~•~e per ceotum par annum and to3r~her with s:xh inrer~•ir shall be xc~red by the Gen of this mortgage. 4. To {xrmil, tommit ot sufier no wasle, iu~pairnxnt or ~tt~rioration of said property or any part Ihereof. , S. To pay atl ~nd singuls~ the costs, cAsrges and expenses, in:lud~ng a reaso~sble a~torney i fee snd costs of abst~ads of title, incurred w paid st any time by w~d MORTGAGEE, because w in the event of the laiiure on Ihe pan of ~he said MURTGAGOR to dvly, promptly ~nd f~lly periam, d~xharge, >xecute, e(Fect, comple~e, conply w~~h and ab:de by each and every the stip~lat~ons, agrecmems, conditions, and covenanfs o~ ss~d p~anissory note and this mortgage any w e~~her, and as~d costs, charges and expenses, each and every, shail be immediately due and payable; whcthe? or not the~e be no+ice de~ mand, attempt to coltect or suit pe~id~ng; and the full amcunt of each and every such payment shall bea~ inle~est irom the date thereof unlil p~id at the r.,rr oK nine per cent~m p<v ann~m; and all said cos~s, charges and expe~is~s ~ncurred a pa~d, together wdh such iNerest, sMall bs setured by the lien of tha mortgage. 6. That (a) in 1he event of any brrach of this 5~latgage w defauit on the part of the MORTGRGpR, or (b) in the event any o( said w~SS oi moeey harein relerred to be nor promptly and fu!!y pa~d vfi~hin thufy t30) days nexf atter the same severally beconx dve and payable, wilhovt demand Or ~otice, cr (c) in the event each and every Ihe stipvlations, agreements, cond~tions and covenants o! sa:d promiuory note and th~s morrp~ge a~y or either are nol i~!y, promptly and (~~ly perfWmed, d scharg-~d, execvred, etfec~~d, completed, co~»p:ied with and abided 5y, then in eilher w•ny such event Ihe iaid ag gregate wm mentioned 'en said promissory note ~hen remaining unpaid, with interost accr~ed, and a11 moneys setured he~eby, shall betom~ dw and p~y~ a~'e forthwith, w thereafter, at 1he opt~on of aa~d A102SGAGcE, as (u~~y and compirtely as ii all of the said sums of money were otginally slipul~ted ~o be pa:d a+ such day, any~hing in sa:d promnsory note or in this Mongagr to the ca~~rary not.~vithstsnding; and Ihereupon w thereaite? a1 the option of s±.d MORTGAGEE, w~thovt net~ce or demand, s~it at law a in equity, thrrefcre o~ theirat~er begun, may be prosacuted q if all moneys setuted hereby n_d matured pr~or fo its instit~tion. • 7. That in the event that af the b~ginning oI or at any time pending any suit upo~ this Mort9age, o~ fo foretlose if, or to ?e(orm it, or to enforte ;~;ment of any claims hereunde?, s~~d h10RTGAGEE shall appfy to the Cou~t having ~~r,sd~uion tlxreof tor 1M appointment of ~ Reteive?, such Ca?tt shsll i_rthwith appoinl a receire~ ot sa6d mortgay~~d prop~•rty alt and singula?, inct.~d~ng ai1 and singular the inco~ne, pro(its, issues u~d rerenues frpn whatevcr s_u~ce derived, eath and rvery af wh:ch, et t,eing e~pressly unders~ocd, is Fereby mertgaged as if specNically set forth and desciibed in the 9r~~ting ~nd t:ahendum cla~ses he.eof, and such Rcceiver shali have atl +he b.oad and effecnve func!:cns and powers in anywise entrusted by a Court to a Receiver, and :_ch appointme~» shall be made by such Cow.t as an admitted equisy and a matter of absolute right to ssid MORTGAGEE. ~nd without refere~ce to the a~'~quaty or inadequacy o! the va~ue of the p~oprrty margaged or to the so;vency er .~.solvency oi said MORiGAGOR ar the defendants, and thal suth r~~nrs, profits, income, issues and revenues shall be appi~ed by such Receiver acwrdr~g to ~he lien or equiq ot said R.ADTGAGEE and the practice of such Courl. 8. To duly, pra-npt!y and ivlly perfo~m, discha~ge, execute, effect, carsplete, comp~y with and abide by each and every ihe stipulations, sgreements, conditions and cavenants ~n sa~d promissory note and th:s mo~tgage set fozth. 4. That in the c~ent the owne~ship of the mart~aged pren,~aes, or any part tnereof, becomes vested in e person othe? than the MORTGAGOR, the h'ORTGAGEE, i~s svccessors and assegns, r.~ay, w:thouf nuuce ro rhe A10RTGAOR, dea( wifh such successa w successor in iMerest with reference fo this . n,o~tgage and the d_bt he:eby secured in the same manncr as w~th Mo.tgago~ w.thout in any way vitiating a d~xharg~ng the Mor~gagon' liability herr Lnder or upon the dabr fie~eby sec~r~vl. No sa'e oS the Fremisei hereb; mo~tgaged and no forbearaoce on the part of the MORTGAGEE or its suteeuors cr ass~gns ar.d no exrension o! rhe time for ~ha ~ayment of the debr hereby secwed g:ven by the MORiGAGEE or its suctessors ot usig~s, ahall operate ro re!ease, d~scharge, modify change o~ affect the cr:g~na! liau~i:t~ of the b'.O~TGAGOR herein, tither in whole w in part. 10_ It is spec~fically agreed +hat rime is of 1he essen;e of this contract and that no waiver of any oblig~tion herev~r w of the oblig~tion se- cured h~treby sF.alY a~ any time ~hereafte? be he:d to be a waiver of the serrns hereoi or oi the i~strument secwed herby. 11_ In add:tion to the foregang montMy paymsnn ot p:inc pal and imerest ~equued by the prom~ssory aole secured hereby, mortgagor covenants ~~d agrees to pay to mo:tg3gee w'ah each munth~y pa,•.:erit an aud :~o~ai sum est~n,ated by mortgagee ro be eq~al to 1/12 of the annual cost of the follow- ir.3: A-All real property tazrs levic-a or assessed ag3i•~st rh~• above desc.ib_d r~al estate. B-Fr,_n.~ums on f;re and viir.dsto•m ~r.surar.~e as nere~n mqu:red to 6e ca~ricd cn the improvemeats situate on the above dtsvibed premises. C-Prem~ums on such mwtg,ge gvaranty ir.sura~:ce as mo~rg3gee shaU frorr. r me to time deerr+ fit to carry on the loan secured hereby. Mo~tgagee stiail t•o~n r;n:~ io t~:•tie r,~:;fy morryagor in writ:ny o! tne a~r.ount dve and payabte hereunder and such s~m shall thereupon be due snd ! c..avabie on the cve tia~e of rhe ne¦r .,,on~h:y Pd'/:r.ent and eac!~ successke mor.th rhereafter ur.~il mortgagee shall notify mortgagw of a change in such a~•:ount_ Such sums sha:l ~e app:ied by mcrtgagee to:va:d the payment of real property taxes, insurance prem~ums, and mortgage guaranty insurarue I . c'miu~S. . IN \11TPJESS WHERfOF, rhe sa~d IACGRTGAGOR has hereunro set his hand and seal the day and year first afwesaid. Sg~ed, Sealed and delivered in the presencc of: ~A ~ ~ d ~-a ~.w--~ ~4~ ($e~n . ~ - - ~ 2.~ c-~ ~ n - an StATE OF fIORIDA SS. CCiU'~1TY Of St . Ll1Clg_ ( Before me personally aP~a~ed _ _ Don Niranda _ _ Ma ry Ann M i randa his wife, to me well kr.own and known to me to be rhe ~ndividYals descr~bed in and who executed rhe foregoing instrument, and acknowledged before me that they executed the same fw the purposes nc~rein expressed. And the,a~d_ riary Ann 1~firanda ~ N~f~ of the said DOl1 AIiranda vpon a xparste and privsts ' c.am~nation by me take~ separate and apart from her said husband, xknowiedged to and befwe me that she executed said instrument freely and vo{un- :r~1y artd w~thout any compu~sioo, constraint, appr hens~ , o? fear of w f:om her said husb~nd. WITf~iE55 my ha~d and offic~al seal this_._ - day of $e tember A, D. 19 7S ~ otary Public in and fw tF~e State of florida~at Larye y Commission expires: (1,~~ ~ I Rerum To: -T"~^" , Firet Federal Savings 3 loan Associat~on FILEO ~y~ t:ECOR0E0 ~ ~t ~ " ~ ~ . ~ Of Fort a.e:ce. .ST. LUCri C~UNtr FIA. ' Fort Pierce, florida FfjGi,~ P iiT~~?$ fj f~. . i Clf ~R t:~:',IT COURt l~l~~'` i ' F;-„ ~4 E RFt;r~- •;E:' =1£i. -r _ ` t~ I I 4 03 P!i'75 : This Instrument Prepared By J. Hal ~oberts, .I - _ ~ ~ First Federal Savings 8 Loan Fslorida 31655~ ~i;?'''••• ~~ti~~~~ ~ 0 ort Pierce ~ ~ ~ '`~+»i~~u~~~?~`~~~~. Checked By a ~ ~ z4~3 P~~E1y69 . 83 .,K ; = SA ~ - t. ~ - _ - - - _ - ~ - ~~j~ _ . . _ .