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Home My WebLink About0988 3. To pl~c~ and continuou~ly kcep on ~he bu~td~rpi now or here~fttr ulu+q on said land and a? atl equipm~nt ~nd paso~ally WvK~d by this morlg p~, with ~il pr~miwns thereon pa~d in full, fire insurantt in the uiuel t~anda~d poli~y fwm, i~ a sum app~oved by fM MORTGAGEE, and wi~tam k?iw~nc~ in ~M uswl itandard poticy (wm. in • sum app~oved by iFw MORTGAGEE, in such comp~~y w wrnpanies as tM MORTGAGEE may dk~clt ~nd all fir~ ~nd w~ndstorm insurancs polKcet on a~y o( ssld b~ildinq~, ~ny internt IhNtin w p+~t thN~of, 1n tM yy~e~at~ wm afp~said or In ~xceis lhereof, ~MII contai~ ths usual standard mor~pagee cl~use o~ such othN ctaus~ ~s tM Mortp~gN may rpvin, makGq tM bu u++dK aid po1F tia. exh and ~very. paYabb to sa~d MORTGAGEE a~ Ip inte~eit may ~ppear, and each a~d eve?y s~ch policy ahall b~ promptly us.qn~d and delivered ro ~nr htld by sak! MORiGAGEE ~i fur~hcr iecu~ity to said mw~9age debt, and, no~ lea ~Mn ten (10) days in advsnu of tM ~xpfr~tion of ~ach policy, ro dr liva ~o iaid MORTGAGEE ~ rereewal thercof, ~o~~~ha with a rece~pt for tM premium of such r~newal; ~nd ~Mn sMll b~ no fir~ a winditorm insu~~nu pl~ced on ~ny of said build~~gs, sny interetf Iherein o~ parr tMreof, unless in ihe form and wi~h tM bu p~yabb ~s afa~said~ and in th~ ~wnt any sum of ma»y beca»es payabl~ wKler such policy a policias said MORTGAGEE shall Mve the option to receiw ~~d ~pply tM s+mt oe~ ~1 of th~ G+d~bad ~ nets secured hereby o~ 1o permit s+id MORTGAGORS to receive snd uN tt ot any part thereof tor othc~ purposes, without thxeb/ waivi~q o~ xnpair- i inp any equ~ty, lie~ or right u~der or by vi~tue of thw morspa~e; ~~d in tM went ss~d MORTGAGORS shall for ~ny ~eawe fail to kaep iM wid pr~enises w ~ iruu~ed, or fail b deliver prornplly any of said policies o) insur~~ce Io ~aid MORTGAGEE, .a fail promptly lo pay ivlly ~ny prtmi~m thersfor p in any ' _ ~ ttapect (ail W p~rfwm, discha~ye, execute, eflect, comptete, comply with ~nd abids by this covenant, a a~y part hereof, said /NORTGAGEE m~y pl~u and • ~ p~Y fa suth inw~ante w ~~y pa~t thereof without waivirg o~ s(fectinp any oplion. lien. equity, or right undM a by virtut of this Mortp~pe, ~nd Ihe full an?ount of esch a~d ~wry such payment shall be ~mmedia~ely dus ~nd payable and shall bea~ i~terest from ths dat~ thereof v~til p~id at tM rat~ ol s nin~ pe? tentum per annum and toge~hcr wilh such interest shal~ be srtured by fhe lian of this mortpaye. 1. To permit, commit or suffer no wasfe, impai~mero a deteiroration ot said prope?ty ot any put ther~of. S. To pay all and ungulu tF~s cosh, ch+rges +~d expenses, includin~ a reasonable ananey's fes ~nd cosb of ~bsnacts of titl~, incurc~d o~ p~id st any time by said MORTGAGEE, because d i~ ths event of ths failure on ~ha part of tM said MORTGAGOR to duly, promptly and fully psrfwrin, dixMrg~ ~xetute, effed, complet~, comply with and sbida by eact~ and every the stipulat~au, a~reements, tonditions, ~nd cov~n~nts of s+id promi:sory ~ote u~d thit e~wrty~pa any or ei~her, and said cos~s, charges and expenses. each and every, shall be immediately dw u+d pay~bl~; wlrother ot not there b~ notia da en~nd, ~ttempt to collect ~a suit pendingj and the_ full amount of each and every such psyment sh~ll bear imerest f~om IM dat~ thereol u~til paid N the rate of nioe per «ntum per ~nnum; end all said costs, charges and expenses incu~red a paid, togethsr with wth intKest, sMll b~ ktwed bp ih~ lien of thu mottpp~. • 6. That in the event of any breach of this Mortgags or default o~ ths part of the MORTGAGOR, a(b) in tM ~ve~t ~ny of s~id wmt of mw~ey herein rsfened to be not prompfly and futly paid within thirty (30) days next after ~he same xverally become due and p~yable, withoul dam~od o? notice, cx (c) in th. ~vent esch and tvery the stipulations, agreemenls, cor.ditee~:a a.^.r! cavenants af ued promissery nptt and this enortpsps sny or sitlter ue ero! ~vly, promptly and tully performed, dixharged, exetuted, effected, completed. complied with snd abided by. thtn in eithe~ a sny such ~wnl tiw Nid a¢ p~egate wm mentio~ed in said promissory note then remaining unpaid, with interest acuued. and all moeeys ~etured he~tby, shall becom~ dw ~nd pay~ •ble fa~hwith, or thereafter, at the oprion of :aid MORTGAGEE, as fully and completely as if all of the said wms of mon~y we~t a"g'~nally ~tiputated to be pa~d on such day, anythiry in said promissory note a in this Mortgage to the contrary norwithslandiny; ~nd thereupon w there~fter ~I tM op~ion of •aid MORTGAGEE, witiwut notice o~ demand, svit at law or in equity, therefwe or thereafter begun, may bs proNtvted b if dl morwys setured hereby had matured pnot to its institution. 7. That i~ ths event that at the beginning of or at any time pending any suit upon this Mprtgape, or to foretlos~ N, or fo r~fwm it, p fo enforce payment of sny claims hercundrr, said MORTGAGEE shafl apply to the Court having jurisdiction thereof fw the.~ppoinfma?f of a Receive~, tuch Court tha~l fathwith sppoiM a receiver of said mortgaged property all and sirgula?, includ~ng all and singvlsr f!a income, p~oFits, iuws and r~wiwes from whateve? wvrce derived, each end every of wh~ch, it being expressly underscood, is hereby mortgaged as if spec:ficalty set fwth and d~wibed in the pr~ntirg a~d habendum clauaes hereof, and svch Receiver shaU have a!I the broad and eftecrive funchons and poweri in s~ryrwise entrwted by ~ Court to a Receiver, ~nd such sppointment ahall be made by such Court as an admifted equity and a matter of abwlute right to said MORTGAGEE, and withouf refercrxe fo ths adequacy w inadequaq of ths value of the p~opcrty mwtgaged or to the solvency w insofvency ot said MORTGAGOR a the defsndants, and that ~uch renq, profits, income, iuues and ~evenues shall be applied by such Receiver accord~ng to the (ien a puity of said N10RTGAGEE and Iha practics of wch Cd?rf. ' 8. To duly, promptly and fully perform, discharge, execute, etfcct, complete, comply with and abide by exh and tvery tFw siipubtions, ap?eemanb, condit'aro and covenanta in said promissory note and ~his mortgage xt .forth. 9. That in the event the ownenhip of the mortgaged premixs, or any psrf thereof, becnmes vested in a penoA other tha~ ihe MORTGAGOR, th~ ~ MORTGAGEE, its successon and auigns, may, wifhout notice to the MORTGAOR, deal with such sutcesso? or wcceasa in interesf with refe~ence to th+s mortgsge and the debt hereby securcd in the same manner as with Mbrtgagw witFwut in any way vitiating a d~scM?y~rg tl+~ Mort9agon' liability here- under or upon the debt hereby secvred. No sale of the prem7ses hereby mortgaged snd no fwbearsnce on the part of the MORTGAGEE o~ its suaessws ~ a auigna and no extension of the time fa the payment of the debt hereby secured given by Ihe 1NORTGAGEE or its sucussors or auip~, ~hall op~tat~ w to release, d~scharge, modify change or affect the orig~nal liabil~ty of the MORTGAGOR herein, either in whole a in part. ~ 10- It is specifically agreed that time is of the essence of this contract and that no wairer of any obligation hereunder or of th~ oblly~tian se- ared hereby shall at any time thereaiter be held to be a waiver of the terms hereof o~ of the instrument setured herby. \ 11. In add~tio~ to the fwego'ng mo~thly payments of princ'pal and interesf requ~red by the promiuory note secured hereby, mortgagor oove~ants and agrees ro pay to rnortgagee wi~h each monrhly payrnent an add~~ional sum estimated by mortgagee to be equal to 1/12 of the annual tost of the folbw- ~ i~: ~ 1 A-All reaf property tazrs lev~ed w assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improveme~ts sitvate on the above described premises. C-Premivms on such mortgaqe guaranty insurar,~e as mortgagee shatt from t~rn~ to time deem (il to carry on the loan secured hereby. _t; Mortgagee shall frcm time to time noti}y mortgagor in w.it~ng of the amount due and pay~ble hereunde? and such wm shal) ther~upon be due u~d ~ payable on the dve dat^ of fhe ~ext ~r.on*hty payment and each successive month thereafter ur.til mwtgsgee shsll notify mortgagoi of • change in such ti amount. $uch sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:vms, and mortyage ywranty inwnnte p~emiums. ~ IN WITNESS WHEREOF, the said MORTC-AGOR haa hereunto sct his hand and seal the da and 'I y year first afwesaid. , Signed. Sealed and delive~ed in fhe presence of: F~~ :1 ~ ~ ~ ST_ LUi:% v~ lY - LYL/~~~ d(,~,f,,~~~ .t5eaq • ~~L= r~.sR~?S Iv r Mo re C,~ ::'-CU:T CGURT +n REr~;~r. vE= . _ ~ ~ .(5eaq Wilester Moore ~,q STATE OF FIORIDA ~ 3 os PM'75 ~ COUNTY Of St • LUC1Q ~ ~ Before me petsonally appeared IVOY V~'I00!@ Wilester Moore his W~te, ro n,. W~n ke~own ,nd tnown ro nne to bs the indiriduals desuibed in and who executed the fwegoing instrument, and acknowledged before ms that they ~xecuted the same fw tM pwpo~es Nrcrein expressed. And the said W11QSt@Y Moore wite of the sa~d IvOYY Moore vpon a seps?ate and privat~ - examinaYan by me taken ~epa.ate and apart irom her said husband, sckrawledged to and before me that she executed said instrument frceljr and volurn rarily and without any compuision, constraint, apprehena~on, w fear of or from her said lwsband. WITNESS my hand a~d officisl seal this ~ 9~~ day of ~Pt~er p, ~q 75 . . No~ary Pvblic in and fw t ate of florid~ ~t lup~ My Commission expires: , a~~~?~ To: • ~ ~ • 3 • Fint Federal Savings 6 loan Association Of Fort P,erce. ' Forj Pierce. Fbrida , ~~~,~Ui~~<< . ~••ty . • 1~r~,~. This Instrument Prepared By Donald B. Hughes , O~,~Rv First Federal Savings ~ Loan As~iation ~ Q~~~~1 j ~ of Fort Pierce ~ Florida 33450 ~ ~ ~ ~ " = 0 R nQ _ !:•(:21~13v ~o` : Checked By BOOK PAGE Jp~ ~ , ~,}:"'~.~,~j ' ~ . - _ ,-t e'r- :1. _ J ~ ~~ll~r!1~• . ~ ~ 2 • ~ ~ F ..ti . . . . _ _ . .l.. "•JCyc££` ~ , . . c( _ „ ~ ?~m`~'n3'-, ~ .L.*~:~~~ _..~a., -