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Home My WebLink About2492 . . To pl~c~ and confinuouaty k~ep on the bui:dinps rww a hereail~r sitv~l~ on ~aid I~nd ~nd on all p~ipm~nl ~nd p~non~lly tov~r~d by Mis mor1~ p~, wilh ~II prsmiwns thereon p+~d in lull, fire insu~~nce in ~hs usu~l ~undud polKy fwm, M a tum approwd by ~h~ MORiGAGEE. ~nd windsrorm 4+swa~c~• in tM usual ~~and~rd pol~cy tam, i~ a ium approved by tM MORIGAGEE, in such comp+ny or cornPanin +s tM MORIGAGEE mar , diratl a+~d all fir~ u~d w7nds~wm iowranc~ polkwa on any of said bvild,np~, ~ny intenst thHSin a part thNwf, In th~ p4rp~~~ wm ~fa~~1d a . M~:c~si ~he~wf, ~f?+tl co.~~aln ~M oiwl i~andard mo+rgpN clavse w such o~ha clauw ~s tM Mwtya~e~ ~n+y rpvu~. en~kkp th~ bu undK sad po1F c~, ~ach ~nd ~v~ry. parabt~ ro s~id MORTGAGEE as ~rs in~eres~ may ~pp~u, and ~ach ax! ~w~y tuch policy shall b~ pranp~lr ass:9Md ~nd d~liwr~d ~o ~ny Mld by sa~d N10RTGAGEE ~s further seturity to ~id ma~yag~ debt, and, no1 Itu tMn t~n (10) days lo ~dwnc~ ot ~M ~xp'u~tion of Nch policy, to d~ tivK to iaid MORTGAGEE a re~ewal thereof, toptiMr wi~h ~ receip~ Eor tM p+tnuum of iuch ~enewal; and tFwr~ sMll be no fu~ a wlnds~o~m inw~~nu plapd oa ~y of s~id b~ildin~s, any inierest lherert+ or part the~eof. ~nless i~ th~ form ~nd with ~he lou pay~bl~ ai ~(aesaid~ a+d i~ tht ~wnl ~ny wm of moMy becwn~s pay~bl~ unda? such polECy a policiss taid MORTGAGEE shall Mw thQ Op1iOn t0 fKQ~vO ~nd ~Pply tIM NrM 011 KCOUM OI th~ ind~bted~ neis tetwld hKeby a ro permit ~aid MORTGAGORS to reteiv~ and use h p any pa~t thereof fa othcr purposes, wi~hout thereb~ w~ivin~ a m~N• ~ inp ~ny p~iry, lien w rght under a by vir~w of ~hi~ mwsp~9~j and in tl+~ ~vent said MORTGAGORS sMll tw ~ny nawe~ f~il 1o kNp tFN said p~~mise~ w : Insured, or fail to d~liver p~omptly +ny of said polKies of i~s~ra~a to s~id MORTGAGEE, or f~il promptly fo p~y fully ~ny p«mium tFw~efor or in a„y rsspec~ (ail 1o paiam, discharg~, execute, effect, complete, comply wi~h ar+d~~bids by th~s wvensn~, w any psrt hu~of, taid MORTGAGEE m+y place and . paY fw such insurance or any part thereof without waiviny or affectinp any aptioo. li~n, puity, w~pM unde~ ot by vi~tue of thi~ Mortppe. ~nd tM A ' full anouM of e+cA and ew~y iuch payment sh+ll be immed~stely dw and payable and shall bear iroe~•~~ f~om ~M d•t~ ~hereof until paid at tM rab of ; niM pe~ centum p~r annum and to~ethe~ with such interost shall be saured by ihe 1'Kn o( IAit mottyaye. } 1. To pamit, commit a suifer ~o waste, impairment or deterioration oi ~aid propaty a+ny p~n tMrwf. € 5. To p~y ~tl and slnpul~r tM cos~s, char~es and e:per+ses, inclvdirg • reasonable ~nan~y'~ fes ~nd costs of sb~tr~cta af titlt. incuR~d o~ p~id ~t • any t&rK by said MORTGAGEE, because w in the went of the failv~e on ths p+rt of ~M said N10RTGAGOR to duly, promptly u?d fully pMfo~m, dixMr~ execut~, eifed, compkt~, comply with and ~b:de by each and every the stipulat~au, a~reements, conditions, •nd oovN?ant~ of •uid promisswy not~ and thi~ mortyap~ ~ny or eitha. ~nd said costs, cMrges and expenses. each and every, shall be immediately dw snd payable: whetMr a not tFKrt bs noriu dr msnd, attempt to colktt o~ suit pe~d~ng; and the full amount of each ~nd eve~y such payment shsll bs~~ intertst from 1M dat~ tMreof uetil p~id ~1 the rate of nins per ce~tum per annvm; and all said costs, chsrge~ and expen:e~ in~wred or paid, togathsr with uxh iMer~st, sMll b~ sscured by tM li~n of fhis ^+ortp~pe• ' 6. "fMt (s) tn the ~vent of any breach oi this Mor~gsge w default on tFr part of ~he AtiORTGAGOR, oi (b) in tFN want ~rryr of u~d w~ns of mon~y henin r~ferred to be not promptly and fully paid with~n thirty (30) dayt next afte~ the same severafly become dw and payabl~, without demand a notite, w(c) tn ths ev~m esch and every tl+e stipufafions, agreemena ' s and covenanq of sa~d promissory not~ and thii mortpap~ any o~ ~ifher ue nw ~uly. p?omplly and fully psrformed, dixharged. executed. eifccted, comp ted. complied with ~nd abided by. then in tither w any iuth tv~M tiN ~aid p~ yreyate wm mentaned in said promisswy note then ~emai~ing unpaid. itF~ interest accrued. and all mw~eys aecured her~by. sMll becorrn dw u~d pay- abte forthwith, ot theresfter, a1 the op~~on of said MORTGAGEE, as fv y and compleiely a~ if all of ti~e ~aid wms of maky were p"g'u?ally stipulated to bs paid on ~uch day, anything in sa~d promisswy note w in thu Mqltgage to ~he con~rary notwiths~sndinp; and thenupon or there~fter at tM option of sa~d IYtiORTGAGEE, without ~otice a demand, wit at law_ a in equity, therefae w theteafter begun, may be proac~ted as if all mooeys s~cured hereby had matured prbr to its institutio2 _ ' 7. That in ths evenf that at the beginning of or at any time pending any suil vpon tfiis Nlwtgsge, w fo foreclos~ h, o? b refortn it, o? fo enforu payment of any claims hereunder, said H10RTGAGEE shall apply to ~he Co~N having jurise5ction tl+ereqf ~w ths aQpanfineN of a R~ctivK, such Ca?rt shall For~hwith ~ppoiro a receiver o1 said mortgaged property all and sirx~ula?, includ~~g all and singular the income, profib, iuuet snd revenves from whatever wwce derired, each and every of whKh, it being expressly understood, is he~eby mwtgaged at if spec~fically set forth and desuibed in ths p~~~~iny and habendum clauses hereof, and such Receiver shall have all the broad and effective funu~ons and powers in anywise entrusted by a Co~?t fo a Rateiver, and such appointment ahall be made by s~ch Court as an admitted equity and a matier of absolute right to said MORTGAGEE, ~nd without referente ro ths adequsty a inadequacy of the vatue of the p~operty mortgaged or to the so~vency or insolvency of ssid MORTGAGOR w tM defenda~ts, ind that wch ronts, profib, incane, iuues end revenues shall be applied by such Receiver accord~ng to ~he lien or equity of ssid MORTGAGEE and tM practiu of such Court. 8. To duty, promptly and fully perform, discharge, execute, effed, comptete, comp~y with and abids by each and every fhe stipu4tanf, preements, conditions and covcnams in sa~d promissory note and ~his mortgage set for~h. 9. that in the event the ownenhip of the mortgaged p~cm~ses, w any pa~t thercof, bccomes vested in a pe?wn other than the MORTGAGOR, ths MORTGAGEE, its s~ccessors and assigns, may, wi~houf no~ice to the MORTGAOR, de+t with such successor or wccessor in interest wifh reference to thia mortgage and the debt hereby secured in the same manner as with Nbrtgago~ withovl in ~ny way vitiatiny w dixhargi~g the Mwt9agors' li~biiity herr under u upon tne debt hereby secured. No isle of rhe premises hereby mortgaged and no fabearanta on Ihe p+rt of ~M MORTCaAGEE w iri sutcesson or assgns and no ext~nsion of the time for the payment of the deb+ hereby secured given by the 1NORTGAGEE or iri wcceuon or suiyns, sMll operate to rNease, d~xhar9e, rtaclify change w affect the org~nal liability of the MORiGAGOR hcrein, either a~ whole or in psrt. ' ' 10. It is spec;fically agreed that ti~~e is of the esxnce of this contrad and that no waiver of s~y obtigation hereunder or of ths obliy+tion sa cvred hereby shall at any time thereafter be held lo bc • waiver of the terms hereof w of the instrumeM setured herby. 11. In add~tio~ to the fwego:rx~ month!y payments of p~inc pal and interest required by the promissory note secured Fxreby, mortgagor tovensnis and agrees to pay fo mortgagee with each monthly payrnent an add~riortal s~m est~mated by matgagee to be equal to 1/12 of the annual cost of the follow- ~ng: A-All real property taxrs levied w assessed against thc above descri~d resl estate. ~ , B-Premiums on fire and windstorm inwrar.ce as herein requ~red to be carried on the improvements sitvste on the above described premisd. ~-Premiums on such mortgage guaranty insurar,ce as mortgagee shall irom t;me to time deem fit to tarry on the loan ~ecured hereby. Nbrtgagee sfiall from time to time noti(y mortgagor in writ~ng of the amcunt dur and payabk he?eunder and such wm shall tlkrevpon be due and I payabfe on the due date of the next moNhly paymen~ and each successive month thereafter urtil mortgsgee shall notify mo?tgagw of ~ chang~ in such f amou~t. Suth sums shatf be app!ied by matgagee toward the payment of real property taxes, irourarxe prem:ums, and mwtgsge gusr~nty i~sur~nte premiums. . i IN WITNE55 WHEREOF, the said MORTGAGQR has hereunto set his hand and seal the day snd ye fint ~fpesaid. ~ Signed, Sealed and deli ed in t presence of: ~ ' fltf 0: 4. _~~^b~0 ~ L/ 7iCP a4 ~ . ' ~ Sf.llCi' .;L~~AS~A. i derl J. n - 3 F,:•- , ~ ~ Ctf ~ s~:iRT ~ ~ ~ . - , - : ar ene . er y , f ~ STATE OF ~o~x Cal ~orni ~O~ i~ ~ 2g p~'?~j 3~~~ ~ COUNTY OF eer«~ ~ ~.,~ny .~a.~d Simeon Adderly, Jr. ,~d ~ Charlene S. Adt~@Zly his wife, to ms well known and known to me to b~ the ind~vidvals described in and who executed the forefloing instrument, and acknowledped bafore me thst they executed the same fa the purposes ~ r~«~, e~.~~d. a,a .a~a Charlene S. Adderly ~ Slme0il Adderly, Jr. .ate and ~rat~ wife of tM ~sid ~?Pon + seP+ Pr ex~minatwn by me tsken separate a~d apart from her ssid husband, Kknowledged to and befo~e me that she executed ssid ir»tr~meM freely u~d voluo- rarily and withovt any compulsion, constraint, apprehens~on, or feu of or from her said husband. ~ WITNE55 my hand and officisl seal this__7 ~ day of OCtObet A, p, ~q 75 ~ + ~..--'w?'~-c_ ~ • ~ ~ Noury Public in ~nd iw tM Slste of ~ My Commiuion expires: ~ Retum To: ~ fint Fedaal Savirgs d. loan Associat~on ~ Of Fort P~erce. ~ Fort Pierce, flcrida ~ ~ OFFIGtAL ~~J?t- This Instrument Prepared By Robezt A. Sv~risher Jr. ~ First Federal Savings 8 loan Association ANNE M. NISSEN ~ of Fort Pierce Florida 33450 ~ NOiARY PUBUC c~uf:,h"'• f - PR:NCIPAL OFi1CE th ~ Checked By ~ LGS ANGE4E5 COUN71? ~ ~ p My Comm'nsion Expira I~Aarth l7. 1976 ~ bo4~ 2~4 ~ ~ i ~ fjT ~ " - - _ ,c~, - - ._A:?~=~~~.'-= L__ . - " _;r...~,,::~'"-k,~ .