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Home My WebLink About0749 ~ ; Z. To plsc~ and conrinuously keep an the tw~:d~ngs ~ow a hereaft~~ ~ituat~ on taid land and on ~il equipment u+d p~rwn~liy Wrtr~d by 1AI~ mat~ y~. with ~II pr~miuma ~hereon pa~d in full, fire insu~anca in ths usua~ srande~d policy torm, in ~ t~m approvtd by IM MORTGAGEE, ~nd winduorm inswu~c~ in tM uiwl standa?d pol~cy (o~m, i~ a ~um appraved by tM MORTGAGEE, i~ such company q companHS aa tl+~ 1NORTGAGEE may dirtctj ~nd all fin ~nd winds~wm insvrance poliuea on any ot said buildmq~, any intere~~ 1F~tin a parl tht~wf, in tM apprp~t~ wm afpsa+id w ~ I~ ~xcta tAereof, th~ll tontain ~hs usual ~t~ndard mwigages clu~is w tuch other claus~ ~t tM Morlpa~~s may rpuu~, mak'up 1M lou u~ said poli~ cia, each ~nd eve.y, payab~~ Io said MORTGAGEE ~i its in~erest m~y ~ppau, and e~ch and ~vNy ~uch policy ~hall b~ pomptly au:yeed and dNiv~~~d to any held by said MORtGAGEE ~s tu~~he~ secur~ry to ia~d mo~~fla9e debt, and, no~ ku tha~ ten (10) day~ in ~dvance of tM ~apG~tion of each policy, to d~ ~ IivN to iaid MORTGAGEE a renewat thereof, toge~Fwr with a receipt for the premium of tuch re~ewal; and thtr~ thall be ~o f'u~ or winds~am in~uranc~ ; plKtd on ~ny oi ssid buildings, any inleresl therein o~ part thercof, unlea~ in the form ~nd with tM lost payabl~ as ~fa~~idj and In IFN ev~nt any twn ~ of mon~y becomei payable unde~ such policy w policies uid MORTGAGEE shall have ths option to receivs and ~pply tM iam~ on accarnt of ths Indebted- nta setu~ed h~reby a ro permit ~aid MORTGAGORS to receive snd us~ it w~ny pan thereof for o~her pu~pose~. without tl?ereb/ waivi~ w ~mpair- ~~q +~y pviry, lien a r79h1 under w by virws of fh~~ mat9age; ~nd in ths ~ven~ ssid MORTGAGORS shall (a. ~ny reawn fail to keep the uid p~emises so insured, w/sll to deliver prompNy any of said policies of i~surancs to sa~d MORiGAGEE, w fail promptly ro pay fvlly ~ny premium therefw a in any respstt fsil to pNf«m, d7uhargs, execute, effect, complere, comply w;th and sbids by this covensnt, a ~ny part htr~of, uid Ai10RTGAGEE may plat~ •~d . pay fp tuch insurance w any part thereof without waivin~ w affectiry a~y optiw~, lien, eqviy, a ryM unde~ or by virtw of this Mor~pa~e, ~nd the full amou~t of each and eve~y such payrn~t ~hall bs immediatety due and payable and ~hall bear interest from th~ dat~ thereo( uNil paid tM rst~ of n7n~ pe~ tentum pa~ snnum and to~ether with suth imerest shall be secured by the lien of this m0?tpape. 1. To permi~, tommit ot suf(er no waste, impairment w deterioration of said p?operty w any pu1 ther~of. S. To pay ~I) ~nd sinyulx ths costs, cha~ges +nd expense~, includi~q a reasonabl~ attpn~y's fee ~nd tosts of ~bstraNS of titl~, incwr~d a paid tl sny tiroe by ieid MpRiGAGfE, because a in tM event of ~I~e failurs on ~he part of tM said MORTGAGOR ro duly, promptly ~nd fully p~rform, d~uMryR, ~ sxec~ts, e(fect, complete, comply w~th and ab:de by each and every the ~tipulatwns, ~greements, conditions, u+d eown~nts o( said promisswy oote and lhis mortype any w eithe~. +nd sa~d costs, charges and expense~, each and svery, sMll bs immediately dve ~nd payaWr, whether w not there bt notite d~ ma~d, attempt ro col;ect or suit pe~d~ng; and ~he full amovnt of eacl~ ~nd every svch paymeM shall bear tnteres~ from tM dafe thsreof ~ntil paid a1 th~ .ate of nine pe~ centum ~ annurn; and all uid cos~s, charges and expenses incw~~d w paid, lopether with such inttr~st, ~hall b~ s~tur~d by tM litn of tha mwtpap~. 6. TFut (s) in the ~vent o~ any breach of this lNo~rgage o~ default on ihe part of the MORTGAGOR, or (b) in the ~venf ~~y of s~id ~wns of mo~ty herein referred to be not p?omptly and ;ully paid within thirty (30) days next afte~ the same teveratly Decome due and pay~bl~, withoW dsmand o? nolict, ~r (cj in it,~ went each ~t1d WNy thQ Slip4laliWif, agrl~rt~lntf, cond~tion: snd cove.~ants ot as~d promissory nots ~r~d this mortpap~ ~eryr or eitMr a~~ not iuly. promptly and fully perfwmed, d~xharged, execv~ed, eftected. compkted, complied with a~d abidcd by, th~n in either w any such went tM said q~ yregat~ wm mentioned in said promiuory note the~ remaining unpa7d, with imerest accrued, and all mw~ey~ sacured hereby, sh~11 becwrK dw and p~y- able fwthwith, a thereafrer, at tF?e opt~on ot sa~d MURTGAGEE, as tul~y ~nd compteiely as it ali of fhe said sums of money were o~qinally st~pulated to be psid o~ auch day, a~ylhing in sa~d promisswy note o~ in this Mwtgage to the contrery noiwi~hstanding; and thereupon p thereafte~ at the opt~on of iaid MORTGAGEE, without notrce or demand, suit at law or in equity, therefore or thereaiter begu~, may be prosecuted a if all rtqrKys securad hereby had matwed prror to its institution. 7. That io tM eve~t that at the beginning of or at any time pending any tuit upon this Mortgsge, p to faatlose h, or to t~fwm It. or to enforp j payment of any claims hereu~der, said MORTGAGEE shall apply to the Court hsving ju~isdiction thereof fa the ~ppointment of a Rateiver, svCh Covrt shsll (orthwith appo7nt a.ecciver of said mortgaged proparty a!I and singular, includmg all and sirgutar ~he incom~, proFits, lssws and rtwnues Irom what~vtr ; wurce derived, exh and every oi which, it being expressly understood, is hereby mortgaged as if spetifically seT forth u?d d~Wib~d in tM pr~ntir?p and { habendum clauses hereof, and such Receiver shall have all the b~oad and effecrive functwns ~nd powe~s in anywise entrusted by a Cowt to a Receiver, ~nd ~ s~ch appointmenl shall be made by svch Cou~t as an admi~ted equity and a matter o( absolule right to s~id MORiGAGEE, and without reference fo ths edequacy a inadequacy of the value of t~e property mongaged w to the sowency or ~n:olvency of said MORTGAGOR or the defendants, and that such ' rents, profits, intome, euues and reveauea shall be a lied b suth Receiver accord~ PP Y ng to ~1~e lien w equity of said MORTGAGEE and the practiu of such : ~ 8. To duly, promptly and fully perform, dixharge, execute, effect, compkte, comply with and abide by each ~nd ewry tM atipulations, apreeme~h, ; conditions and covenants tn sa~d prom7ssory nete and ~his nrortgage set fwth. 9. That in the event the ownersfiip of the mortgaged p?emises, w any part thercof, becomes vested in a penon other fhsn the MORTGAGOR, the ~ MORTGAGEE, its auccessws and ~ssigns, may, witFw~t not;ce to the MORTGAOR, de+l wifh such successw or successw in interett with referente to this ~ mort9age and the debt hereby secu:ed in the ssrwe manner as with Mbrtgagor w~thout in sny w~y vitia~irg q d'+xhsrying the Mortq~gon' (iability hera under w upon tFro debt hereby secured. No sale of Ihe F~emius hereby mortga9ed artd no forbearance on the psrt of the MORTGAGEE p iri successon ~ or assigns and no exrension of the tim.e iw the payment of the debt hereby secured given by fhe MORTGAGEE a ib sucusson or ~uiyns, sMl) operate ~ ro release, d~scharge, mod7fy chanyt w affecl the wig~nal liab~lity of the MORTGAGOR herein, either in whole ot in paf. (J~ 10. It is spe6(ically-agreed ~hat time is of the essence of th~s contract and that no waiver of any obfigatan herev~der or of ths oblipation se- ~ cured hereby shall et any time thereafter be held to be a wa~ver of the terms l~ereof p of the instrument ucured herby. O I1. In add~tio~ to the fwego:ng month!y paymenrs of prir.~'pal and interest required by 1FK promissory no~e secured hereby, mortgagor ~pv~nsnfs ~ and agrees ro pay to mo:tgagee with each monthiy payr,:ent an add~rionsl sum esr~mated by mortgagee to be equal to 1/l2 of the annwl cost of the follow- O: ing: A-Ali real property taaes levied or assessed against the ebove deuri5ed rea~ estate. ~ O j 8-Premiums on fire and windstorm i~surar,ce as herein requ;red to be carried on the improvenunts situafe On the sbove described premises. `V ' ~ i C-Gremiuma on sucn mortgage guaranty ~nsurar~ce as mortgagee shall from teme to time deem fit to tarry on the loan setwed hereby. v € Mortgagee shall f.om rime to time norify mo.tgagor in wr~ting of the amount due and payable i?ereunder and such sum shalt thereupon be due and ~ , Fayable on the due date of the next month!y payment and each successive monlh thereafter vr1il mortgsgee shall notify mortgagor of a change in wch ~ amount_ Such sums shall be app!icd by mortgagee toward the paymen? of real property tsxes, insura em:ums, ~nd rnortgage gwraMy insur~nCe , premiums. . 1N WITNESS Y~HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and yesr rst afw~j~ O Siyned, Sealed and delivered i~ the p~esence of: _ \ Fttf~3 ~~'~-i: ~;~.~.t" fiA ~ ~~-r-r sT.lt?C . -~~5 R ~ rky;L= 11 1~, o er L. Bdwards I fiL^(. ~li yJVR \ ~ ~ r~ _ . , ~ i a Bdwards I STATE OF FLORIDA ~ 3G S 59 1'~M'~" ~ couNn oF St . Luc ie 31'7923 ~ ~ ~ ~ • { Be(ore me penonally appeared ROqQY L. Bdwards ~ ~ Monica Y. Bdrrards ~ Fw wife, to me well known ~nd known to ms to b~ the indirdval~ described in and who executed the foreyQirg instrument and acknawledged before me that tFKy ~xecuted tM ssme 1or the pvrposss ~ rherein expressed. And the said ~nica Y. ~i~BYdS : wife of ths said Roger L.. Bdwards upon • tep~~ate ~nd privat~ exami~stion by me taken uparate and apart from her said husba~d, ecknowledged to end befwe me that she exec~ted said irutrumMt freely ~nd volun- ~ u tar~ly and w~thout any compulsion, constraint, apprehension, q fear of w from her said husband. ~ WITNESS my hand and official seal this ~j day of_ September , A. D. 19 75 ' . ; Notary Publit in u~d for the of Fbrida ~t larp~ E My Commiuion expird: ~ Return To: ~ / ~ • 3 , ~ 7 ~ First Federa) Savings a toan Associahon E Of Fort P.erce. ~ Fort Pierce, Fbrida t` i F • • ; This Instrument Prepared By Robert A. 9wishe~C Jr - ~,a ~~r" ~ First Federal Savings & Loan Association ~ - , : ~ ~ " ~ of Fort Pierce Flor ida 33450 - Checked B ' g00K ~~4 PACE 7 . : ' - ; y~- 49 , . . ~ . ~ ; . s - . ~ . ~ ; ~ ~ ~ ~ - - - d2 ~ _ _ . t _ . _ . _ - . : .