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Home My WebLink About1967 To plac~ ~nd continuously keep on rM bu~td~nps now w M~~aftK ~Iw» on iaid I~nd ~nd on all cquipm~M ~nd p~no~ally ~ova~d by thia ma1p~ p~, with dl prem~umi thsrwn pa~d in futl, fire insuranca ~n the uiual ~t~ndard poticy fam, in • twn ~pproved bp tl+e N10RTGAGEE, and wind~tam inaw~nc~ io ~M uwal st~ndard pol~cy fam. in ~ sum ap{xoved by tM MORTGAGEE, in wch company or companih a tM MORTGAGEE may dinctt aod ~II lirt ~nd windstorm insuranc~ polKies on u~y o( ~~id buiW~rpti any io~~r~p ~hKek~ or pa.t tM.~ol, in tl» apprp~t~ wm ~fahaW or In ~xctu tMr~of, shall conuin ~M us~al ~t~ndud monqspN claus~ w~uch o~h~r cl~vu ~M Mo.tpa~ m~y rpuu~. rt?+Ylnp th~ bss w~dN ~a~d po1F ° d~a, ~ach and ~v~ry, payabl~ ~o said MORTGAGEE a in inrerat may ~ppea?, and each aed ~v~ry such policy sMll b~ promptlr ~u.~n~d ~nd dNiva~d ~o any IwW by utd l~tORiGAGEE ai turiha: securisir to w~d moriysqa dsbt, and, tat tets ttisn ten i1Q) days tn idvarxs at ihs sxpirsiian of r+ch policy, to dr . ` liwr ?o wid AAORTGAGEE • ren~wal th~nof, top~~h~r with • receipt fo~ tM pnmlwn oi avch renewalr and then ~hat! bt no f'u~ w winditwm Inwra~c~ plac~d on any of said bviWings. ~ny inta~st ther~6n ar put Ih~.wi, unka in tM form a~+d wi~h tM loa p~ysbt~ as aforhaid~ a+d in th~ ~wM ~ny ~~m oi m«~y becomts payabl~ undsr wch polky w policies ~aid MORTGAGEE shall Mw rh~ option ro rac~iw u~d ~ppfy tM sur» on accaat o1 th~ Ind~at~d- ` n~ss ~cur~d hKeby o~ 1o pamtt said MORTGAGi)RS to reuiv~ and ~ it a any put ~herwf tor other purpose~, wi~hout thajb~ waivi~g w impair inp any puity, li~n a right und~r « by virtw of ~his mors~pet ~nd in Iht ~wnt s~id MORTGAGORS th+tl fa sny reawn fail fo kMp ths aid pMnis~s w`'~' imund, p fafl •to d~livK promptly ~ny of s~id policies of insur~nt~ to aid MORTGAGEE, w fai! promptly ro Pay fv~y sny premi~m tha~fw o~ in ~ny •v w rt~p~ct fail b p~rfam, discMrgs, ~xecut~. ~ffact, compl~f~, oomply with aRd abid~ by this cown+nt, or any pa:t M~wf, safd MORTGAGEE may plau and ; r pay fw wct. inwranc~ w any part thxeof without w~ivinp w ~ffectuq ~~y op~IOO, li~n, equlty, w ripM w~der or by vlnw of thit Matqap~, and tM fvll ano~n~ of ~ach and ~wry such p~ymN?t sh+ll be im~nediat~ly dw aed pyabl~ ~od ah~ll b~ar tnt~.est fram tM dab thsrwf until paid at tM rat~ oi nin~ ~ cN+tum pN annum end topether with wch i~terest ~hall bs secured by tM li~n of this mon~p~. 1, To p~rmif, aommit w suffa no wul~, 4npai~r.xnt or deteraration of wid prop~rfy p~ny paH thN~of. S. To pey all ~nd sinpular th~ cwts, charpea N+d expenses, includinp ~ rt~iorubb anorray's fe~ and aosta of ~Mtr~ds of titl~. Incw~~d or paFd ~f ~ny ttrn~ by said MORTGAGEE, becaus~ w i~ ~hs ~vant of tht isilure o~ th~ parl of IM uid MORiGAGOR -to duly, promptly ~nd fv11r p~rform, d~~chary~, ~aecvte. ~ffect. oomplst~. comply w~th aod ab;cle by ~ach ~nd wmy the itipul~tions. apreeme~n„ condiriom, .nd oov~a~n of s.td pomiswry nor. and fhts mwtype any w es~1~. and uid costs, cha?pea ~od ~xp~mes, euh +nd way. ~hall b~ irrwnediatsly dW !nd piy~W~i whethtt « nw t1~~ b~ notiu dr m~nd, attempt ro oolkct or tuit pend~n~ ~nd tM full amount of ~ach and every wch paym~M ~hall bsa. i~+tKest fran ths dat~ th~r~ef untN paid ~t 1h~ ~ate of nine per ccntum par ~uiurn; a~d ~il iaid coits, chsrpes ~nd expenus incwred or paid. topetiwr with auch int~rpl, ahall b~ awred by tFw (i~n of tl?is mwt9+~. b. Thst in 1he ewnt of ~ny be~ch of this Mortyaye a defa~It on 1M part o( ths MORTGAGOR, w(b) tn tl» ewnt ~ny of s~id ~'TS of momy haein refarsd ro bs not prompNy and fully paid within thirty (30) days next •fte~ the sam~ sewrally bsconN dw a~d psy~ble, withow d~mand o? no~ice, • sr (t2 frt t~ s~*! ~rR ati~:,:!a!e'~. r~, rssn:rnx~. 44-"~i!t0! !'d!~ C~C:'6:i3ii4i a! saE~ p*tx**~+_~~y rts!e and t!m st±srl~~t ~tY or ~!!~r ate nat i~ly. promptly and fully p~formed, d~scharped, executed. ~ffected, complNed, compli~d with ~nd abided by. 1Mn in ~itMr a any wch ~wn1 tM wid ap~ p~eyaM wm en~ntioned In sa~d promissory nota then rem~ininp unpaid, with inttrest xaued, end all mor?~ys s~cu~ed her~by. ~MII b~wiM dw and pay~ •bb fathwith, w ~l~eaiter, at ~I+e oprion o~ iaid MORTGAGEE, u fvlly and comple~ely as if all of the said wms of monty vwr~ oripin~lly atipulated ro b~ p+id on futh day, anytF~ina in asid promiuoay nota a fn this 1Nortype to the contrary notwithst~ndinp: and therwpon or :ner~afta at tM option of taid MORTCaAGfE, without notiu w demand, suit at I~w or in pvity, ther~fors w th~reaher be9un, may be prosecuted u if dl moeNya ~saxed her~by had matwed prqr to its institution. . 7. Th~t in tM ~wnt that at the beqinnirg of u ~t ~ny tims pendin~ any wit upon this Mwtg~p~, p to fp~elou k, or fo nfwm H, or to enforo~ payment of any claims he.ew+der, ssid MORTGAGEE sh~lt apply to the Cour1 luvinp' jurisdiction thereo( fw the appointment of ~ fhtelYN, wch Court sh~ll Fathwith appoint a receiver of aaid rtwrlp~yed propertY aIl ~nd singular. inclvd~np ~II snd sirgular the income, proiits, iatws and nwnws from what~wr wurce deriwd, each ~nd every of whrch, it beinp expreuly vodentood. is I+ereby mortgaped a if speci(itatly set foHh and d~wib~d in t!M 9rantirg ~nd Mb~ndum dauses hereof, and such Receiver ahall h~ve all the broad and effectire funct~ons and powas i~ anywise tMrvttsd by a Cour1 to a Rsosiv~r, and •uch ~ppointment ~1t be made by such Court as an ~dmitted equity ~nd a rrwtter of absolute rigM to s~id 1NORTGAGEE, and wlthout nierent~ fo tFw ~dequ~cy or inadeqwcy of the value of the p~opery mwtg~ed or to the wtvency o? inwlvency oi uid MORTGAGOR a tl+e defendann, and th~t such rents, profib, i~come, iuws and revenws sh~ll be apptied by suth Receiva ~ccord7ng to ths lien or puity of said AhORTGAGEE ~nd the pr~ctica of such Court. 8. To d~fy, prompNy and fvlly p~rforn~, d~schar9s, ~xecu% ~ffect, oomplets, comply with and abide by ach and ~vtry tM stipulatlom. yreements, ~tions and cove~ants in sa~d promissory note and this mortya~s set fath. 9. That in the event the owrKnhip of the mortgaged premises, a anjr psA thereof, beaomes vested in s_p~rson_other th~n the MORtGAGOR, th~ MORTGAGEE, in svccesson snd ~ssigns, m~y, witl+wf notke to the MORTGAOR, deal with :vch successor a i'vuessor in interpt with refe~~nce to this mo.tgage and ~he deb~ hereby secured in the sun~ manner as w~th •Mwtpspa withovt in ~ny way vitiatinp a disclwpir~ tM Matqapo~t' liabiliq here- under or upon the debt hereby secv~ed. No, sate of ths premises hereby matyaped u+d no (abtarar~ on tM part of. the N10RTGAGEE or it~ suocessors a sugns +nd no c:tension of tfie time for the p~yment of the debt hereby secured given by 1he MORTGAGEE w ib succesiors or ~ssgrq, sh~tl operat~ ro ~eleau, discharge, modify thange w~fhtt the original liability of ths MORiGAGOQ haeln, eHMr in whols a in part. 10. It is specifically agreed thst time is of the essence of this contract snd thst no waiver of ~ny obligition harwnde~ or of tl» oblipation sa cured hereby sh~ll at any time thereaher bs held to be e waiver of tha terms hereof a of the irutrument sec~red herby. 11. In add'Aia~ to the faego:ry monthlY payments of princ:pa~ and interest required by the promissory hote secured hereby. mortgsgor covenanls and agrees to pay to mortgagee with each m"onfhly paymcnt an add~tional tum estimated by mwtgspe~ to be equal to 1/1~ of the annwl cott of the follow- ing: A-All tsal property taaes kvied w assessed againti the sbove desaibed real eatste. B-Premiums on fire and windstorm insurar.ce as here7n requ~red to be carried on the improvements situate on the above deuribed premises. C-Prcmi_:r:s az s,!: :*r~:tB:;,r~ yti3:...::'r .-s_.~s~;,~ as r:.r-r-y~~ ~:4.~ ...~.e tie is ~:y M. i~w :w.-. aeev~ 6u 'rsiewy. Mwtgsgee shall from time to time notify mortgagor in writing of the amount due and psyable hereunder and tvth wm sMll thereupon be dve ~nd I payable on the due date of the next monthly payment and each succesaive month theresfte~ until mortgsgee shsll notify mortyagw of a charg~ in wch i amount. $uch wms shell be applied by mortgagee toward the payment of real property tsxea, insurarxe prem:ums, and mort~ape yuaranty insurance I premiwns. . . I IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint afore~aid. Siyned, Seatsd ar~d delivered i~ the presence of: ~ fIlEO t!i~ r~ECORDEO St.l•JC =_~OtIM7`! FU. ~ k`,,,. „ r~t'RAS M M rick ~t ;p:. •,i? CBURT , 0 , c. , ~~ci:` " ~ haaron S. ~ ~ - McFrederick ' ~ Oci ~ 3 Zz ~H'~5 Q STATE OF FLORIDA couNn oF st, [.ucie ~ a3~.~~ - eefwe ms perwn~lly appeared 1~loma5 M. McFrederick ShaaYOn McFrederick ha wife, to ms well known and known to me to b~ t!w individwls described in ~nd wFw executed t1~e foreyoirg instr~~ an~ cdped b~fws rr» that t tfierein expressed. And the sa~ Shaaron S. MCIrlQd@Y~ ~ th~ ssme for ths pwpos~s wifs of ths said T~10~dS M• McFrederick ~~Mne ~~vat~ examirutan by me uicen separate snd apa?t from her ~aid husband. ~duawl~ed to and befor~ rrw thst shs exearted said instrumant frNly and voluo- Wily and w~tho~rt ~ny campulsion, constraint, ~pprehenpsion,~g~ feu of ot fraw her said hu nd. ~ WITNESS my hsnd ~nd official seal thi~ G~ day of ~ctober ~ p. 19 75 ct~L"- _ 1a.~ . Notary Public or 1M State of Fbrida at lup~ Retum To: My Commiss' ucpires: Fint feder~l Savings 3 loan Aswciation ~~ry PuSCc, St~~e ef Flor.da of lary~ ~ O( fort Pierce. µr Cos+~sn:ssien Ex;.;•cs Juk! :2, 197~ Fort Pierce. Florida ~~d by qoxricon ?~r. fs Casvcltr ~rA . i;., l~' t .1::'.,..,.`- t This Instrument Prepared By ponald B. Hughes t~ ~ First Federal Savings 8 Loan Association r ~ , : _ : ; of Fort Pierce ~ Flor ida 33450 ' ~ ~ ~ . ° , i • . " ' r- ~ r : Checked By ~ " ~ ~ _ _ , ~ • - ; ~ x`~44 P~~- ='l:; ~ : ~ ~ ~ . , ~ _ , ~ 1~.: . . + - +~i~N~~1 ~ ~ _ . ~'~~j~ . ~ . ; - . . ~ _ - - - a .r . = ~ ~ ` ' ~ - '"~.+`y-~,-_e. '~,a t^ • : _ ; . . -c. : S . _ .~.x~ . ~ . . ~.~~~:--~``a''~3~~v~~ .