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Home My WebLink About1040 3. To pl~ and contin~ously k~ep on th~ buiid~nps now w I+NeaftK ~itu~t~ on s~id land ~e~d on ~11 puipmMt M~d pawndly covK~d bY thi~ morl¢ ap~ with all prtmiwns Ihereon paid in fvll, lire insur~nce in th~ utwl sta~dsrd poticy fotm. M a sum ~pprowd by tl+~ MORiGAGEE, and windNwn~ ' insw~n in tM usual sundard pol~cy form, io a sum approv~d by iM MORiGAGEE, in wch company w oomp~+ia ~s tM AIIORTGAGEE n+ay ~wctJ uid all ik~ and windslwm iniu~~na poiicies on any of ~+id build~nps, any {nt~rat 11?K~fn o~ put tMrwf, in th~ pprpat~ wm ~fonNid or In ucc~ss thaeoi. sMll oa+tain tM uiual sundud monga~ cl~u~ w such o~i+K claw~ tM Mat9apN maY navir~. ~nakinp ~h~ ~ws w~da uid Pai' - ~ cie~. ~ach u~d w~ryr. paYabl~ w aaid MORiGAGEE a~ itt inte~eil may ~ppea~, and ~ach and ~wry wd~ policy ~hdl b~ praop~llr a~~Qn~d +od d~liw~~d to ~ny Mtd by said MORiGAGEE ai (uhhe~ sec~rity to said mortyaq~ dcb~, and, not ku th~n tee (10) days in ~dv~nu of tM ~apM~tion of ~ad~ po~icy, a d~- Uve~ to s+id MORTGAGEE a reoewat theraof, tope~hu with a rece~pt fw tM premium of avch r~n~walj and tha~ shall b~ no fu~ w wtnds~wm G~xu~c~ . plK~d on ~ny of said buiWin~s, ~ny interqt therein a psrt tF?ereof, u~leu in 1M iorm eod with tM lou payabl~ a~ afor~idt +~d M~ tM tv~nt ~ny wm of mawy becarns payabl~ ur~ such poliey w polkas said MORTGAGEE shall haw ~M option to receiw and apply fM sx~ on ~aoun~ of tM Ind~bted~ n~ss i~cwed Mrtby p to permit said MORTGACsORS to receiv~ u?d ~ it p a~y pan tAereof fa o~he~ pwpo~es, withow rh~.~by waivinp a impsi.- ~ Inp a~y p~iy, lien w ri9ht undea or by virtw of this ~r.ortyyeJ ~nd k? tM ~vent ssid MORTGAGORS shall fw ~ny rNwn fail W k~tp tM wid pnmi~es ~o 1ns~red. o~ fell w d~liver promptly any of taid pol~cies of insuranc~ to said MORTGAGEE, o. fa~t Pro~~h ro Pay fvuy .ny Pr.miw++ ~her•for w io any r~spsct fail to ptr(am, discharge. execute, effect, complete. comply with u~d abid~ by this cov~~ar+f, a ~ny part hNwf, s+id MORTGAGEE m~y plau and paY fa ~uch tnwrancs a any puf thereof without w~ivirg w affeclinq ~ny option, lien. p~ity, w riphl unde~ a by virtw of this Mat~ap~. and the s!. full amounf of each ~nd ~very such psymem shall be immedi~tely dw and payabl~ ar?d shall beu iflfNNt f?Of11 tIN ilit~ fAlflOf Vf1fII pi{d at th~ ~aM ol ni~ ptr centum p~t annum and together with ivch interest thall be secured by tM lien o1 this mortpaqe. ' 4. To permit, commit or sufter ~o waste, Gr+paumcnt or deterioration of said prop~rty or any put tMrwf. 5. To pay all ~d iingul~r th~ cosn. cMr~es u+d experue~, includinp a reasonabls ~ttorMl/s fN ~nd cosri of abtraps of titl~. krc~w?~d w paW ~t any time by s~id MORTGAGEE, because a in the ~wnt of tM tailuro on tM p~n of tM said MORiGAGOR to duly, promptly ard iully p~rforrn, dychu~ •xecv:e, effect, compler~, comply with and ab:de by ~ach ~nd every the itipula~~w~s, spreements, co~di?iau, and cownanb of ~id promis+ory ~ot~ and this matp~y~ u+y or ei~he~, and satd cost~, charpes ~~d expensss. ~ach snd ~veryr, sMll be invnediately dw ~nd p~yabl~s wMt1w a nw tFw~ b~ notic,e dr mand, attempt to cotlect o~ suit pend~ng; a~d tl+e full arnovnt of each and-+very s~ch p~yment shall bea. intenst from Ihe daM th~reof w~til p~id ~t the rate of ~ine, p~r untum pe~ annum; and all said costs, charges and expe~ses incwr~d or paid. Iopelher with such inttr~st. ~11 b~ s~tw~d br t!w li~n of ihi~ mo?ty+y~• b. iM1 in th~ tvent of any breach oi thi~ Mortgay~ or default o~ tFr paA of ths MORTGAGOR. w(b) in ths ~wM N?Y of said sums of nwn~y her~in nfcrred to be not p~omptly and lvlly paid wi~hin thirty (30) days next after ihs same sevcrally become dw ~nd payabb. withoW dMm~d a notice, w W in th~ ewnt each s~d eve~y t!?~ ssipulat~ons, s9reemsnts. corsd~tiorn and coven+nts of said p?omissory not~ ~nd this maqapt any a~itM~ u~ ool i~ly, promptly ~~d fully performed, dlxharged, executed, effected. compl~t~d. compl~ed with and ~bided by. 1lw~ in titlwr a any wd~ ~wM fh~ s~id sp~ gregate wm mentioned in said promisswy note then remaining unpaid, with interest scaved, and all ma~eys sacur~d FNteby, ah~l) bac+onN du~ ~nd psy- abl~ forthwith, w thereafter, st the option of said MORTGAGEE, as folly and completely ai if all of the said sums of mo~?~y wen aqin~lly ~tipulated to be p~id a~ such day. any~hirg in ssid prom'wsory oote or i~ this Nlwt9a9e to the contr~ry notwithstu~d'up: ~nd th~reu~~pon a tAereafter at th~ optioe of uid MORTGAGEE, without norice w dcma~d. svit d lew or in puity tF1pflIOfQ 01 1Fk.YNEtN be9ww, may b~ proseMed a~ if ~II waiwy~ ucund Mr~by had matwed prior fo its irqtifution. ' 7. Th~1 in ths event that et the beginnirg of a at any time pendi~?g sny suit upon thia Mat9p~, ot.to foredose M, or M refortn H, a ro.nfore. .i _i ~ ~"'-~.a-' ':.a u~otcwr_ec _~_u . : :_.a:~:-_ .~_.__s s~ _ ..t ~ sw:..Y ...~a .~,u . ~ - .r .o . . . . -S'='~'•.....~... N.. . . . iwthwith sppoim a receiver of said mort9ayed prope~tY all and singular, includ~ng all ~and singv3sr fhe i~. pdits. 4tws Med rtwnuss fran wMt~v~r wurca derived, each and every of which, it being expressly understood, is hereby matgaged u if spetificilty sst fo~th and dewibed In tM y~antinp and habendum clauses hereof, ~nd such Receiver shall luve all the lxwd and effective functwns ~nd powers in anywise eMr~uted by . Go„r~ ro s Receiw~, ~nd such appointmen~ shall be made by such Court as an admitted equity and a matter of absolute ?ight to taid /NORTGAGEE, ~nd witlaul ~tferente 1o th~ adequ~cy or inadequacy of fhe value of the property mwtgaged or to the sowency or in:olvency of said MORTGAGOR a tAe defendants, and thst wch renn, profiri, inc«ne, issues and ~evenues sha11 be applied by such Receiver accord~ny ~o the lien a eqvity of said AIIORTGAGEE ~nd the pradiu of wch CouA. . ~ , . 3- Ta a::!v. ;.s!y xtt! fo!!Y ps•fa.-r.s, d:::l~.~r~yr, oxs:vta: =ffs:l, rs.::.,!tsd ~.:.a!y vsFEh aad a~`by satk ar.d rrssy tta ssirulaliasas, spsss..-.aass, conditioro and covenants in sa~d pranisso?y, ~+ote aod this morigage t~t fath. • _ 9. That i~ the event the ownership of the mortyaped premita, a any pirf thercof, becpnes vesled In a perwn otl~ than the MORTGAGOR, fh~ MORTGAGEE, iri succeuors and assigns, msy, without notice to tAe MORTGAOR, ded with such sutcessor or waessor in interett with reference to thw mo.rgage and the debt hwsby t~cv~rd in the~same maniier as wilh Me.tgago? w~tliout hh ~ny wa~i ~vittatiig oa dischar~inp th~ Mwtya9on' liabi:iry herr under w upon the debt herebX sefured_. Nq sak of the F~emises hsreby mortga9a~! ~pd op (orbhr~np on the p~ri qf tM MORTGAGEE p iq suctessors w aug~s snd no extension of the time iw the paym.ent of the deb~ hereby secured ~ given by ths MORTGAGEE or iri sucpsson or astiym, sMll operat~ ~o rekase, discharge, modify change or affect the o:ig~nal liab~i~ry of the MORiGAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the essence of this contracr and that no wsiver of any obliyation Mrwnder or of tl?~ oblipation ~ cured hereby slwll at soy tjme thereafter be held to-be a waiver of tF~q terrru hereof u of Ihe instrument secured herby. 1I. In addition to the faego:ng monthlr paymants of princ'pal and interest required by the promiuory note securod hereby, mortgsgor toven~ori and agrees to pay to mortgagee with each monthly payrnent an sdd~rional sum estimeted by morlgagee to be ~qual to 1~12 0/ the snnual tost of the fdlow- ing: • A-All real propeny taxes kvied or assessed against the above described real estare. B-Preraiums on fire and windsrorm insurance as herein requ~red to' be tarried on the ~mprovemenb titvate on the aFwv~ destribd premises. C-Premiums on such mortgage guaranry inwrar.ce as mortgagce shall ~rom t~me to time deem fit to urry on tM losn setured heieby. ' Mortgaget shail from time to time notify mortgagor in writirg of the amount due and payable hereunder ~nd suth wm shall t!?eteupon be due and payable on the due date of the next monthiy payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a ch~ngs in wch amount. $uch s~ms shall be applied by mortgagee tpward the payment of real property taaes, insurance prem:ums, snd morfyaye pwrse~fy intw~nc~ ~ premiums. ; IN WITNESS WHEREOF, the said MORTGRGOR has hereunro set his hand snd seal the day yeu fint aforesi ~ ~ Signed, Sealed and delivered i~ the presencp of: ~ ~ ? ~11~r A~ `'s"a;?Fil~r ' ~ t :~i:~3,° F+1~. 1 ~ r~i L ~•~1.~. \ ' F.Cf-•' ~ s ~LiF+. :>~iT Ctf11~7 - ~ ~ ~ ^Tr,~ . y: ~;r~ 0 ~ STATE OF FlORIOA J ~ 1 IO 33 AN ~ COUNTY OF SL L1iC1@ ~ ~ h V 1 his rri ~ eaforc „~e a.s«~ay appeared Ph11~D Pearl and Blanc e . Pear . fe ~ uaZ]i i. rCesi oTao' ooF~'ioFo ~r'8aa~ his wife, to m~ well known and known ro ms to b~ the individwls dettribed io and who executed the foreyoir~y instrument, ~nd atkrqwledped b~fon me thst thsy ~xstuted tht atn~ for tM pw~a ~ rti~~tM ~a~. n„a rr~ Blanche V. Pearl, wife of the said Philip Peazl and Barbara Pearl w~re of rhe sad Gary L. Pearl ' upon . se~..t~ .na p.svaa ezaminaYan by me taken separate and apart fromlhar said husbarxl~f ~dcnowledged to snd befwe er~e thaf i1~ex~tvted said irotrvmsnt hellr and volvn- rarily and wifhout sny compulsion, consrraint, appre ion, or feu of or fromlfwt s~id husbandi", ~ WITNESS my hand end official ual thi day ~@ te 1' p, 19 75 _ - ~ . ~ ~ ~ Notsry PuWic in or tlw of ~t Lir~ ~ My Commiuan ucpires: ~ ~ Return To: Oly . Fint Federal Savings a Loan Association ~ Of Fort P~erce. , : ~ fort Pierce, florida . ,i~t+ ~ . ~ ~ ~ ~ ! .'.r ~ - . . • . ~ This Instrument Prepared By John W. Collins ~ ; y~;'v07tiR Yi ~ First Federal Savings 8~ Loan Association .;?~~`o~e:r;~}~~r = ~ of Fort Pierce~ Fla~ ida ' = • - ~00~244 ~~Q~, ~_::q~;~-'Q ~J~ ; r ~l,~.:. Checked By . . • .'A ,•'~y:,: . -_y= ,r.~ ''~i,~ L:d10'.s~\~,>. . . . ~ ' ~l~bu?i?i~~a~:. ~ , - - - - - ~ . _ _ - ~ ~r~-~,.~~~~'~