The URL can be used to link to this page

Home My WebLink About2500 3. To pl~c~ and continuousty k~~p on tM buitdinp~ now a hereaftN utuat~ on iaid lu~d ~nd on dl p~ipm~nt ~nd p~rwn~ify wv~r~d by Ihi~ morro- p~, wiih dl pr~miumi ~Mreon pa~d in fuil, fir~ insur~nt~ in ~h~ usua~ t~~nda~d policy twm, in a sum approv~d by tM MORTGAGEE, and windstam inwru~c~ in tFw usual itandard polky tam. in • ium ~pprov~d by t1+~ MORTGAGEE, t~ ~uch aomp~ny w aompanies ~t th~ MORiGAGEE m~y dlnctt ~nd ~11 fin u+d windstam inwra~u polici~~ on any o( said build~npt. ~i?y 1nt~r~s~ ~Fwr~in or pan tM~wf, III fIN iQ~~l9~t1 ~WB ~~OtfNiil W ~ M~sayss ~Mr~of, shall conain 1M usual sqnd~rd mort9ap» clws~ a ~uch oiht~ daw~ ~s 11+~ Mat9p~ may rpuu~, maAinp tM lo~t undN sa~d po1F ci~s. each and ~wry. paYable w a~id MORTGAGEE ~s ib infe~Ht may ~pp~ar. ~nd each and ~wry t~cA policy ~h~ll b~ promptly au:pn~d M+d d~livKtd b. ~ny Mid by iaid MORTGAGEE as (ur~he~ ucurity to said mat~a~~ d~b1, ~nd, no1 I~u tMn ten (10) days in ~dvanc~ o} tl+~ ~xpuat~on o( ~ach polity, to dF ' IivN ~o ~aid MORTGAGEE • r~newal tlureof, ropa~hN wi~h •.euipt for tM p.~mium oi wch rN+ewals ~nd tF~~ ihall b~ no f'u~ a windstwm inwrant~ ~ r plK~d on any of s~id buildirg~. ~ny Inte~est ther~~n or p~~t thareoi, unless in the fam u+d with tM lo~ pay~bl~ as ~fa~aid~ and in tIN evMt any wrn of ma»y becarws payabl~ unde~ such policy a po1KiK ~id N?ORTGAGEE ihalt haw tM optan ro reuiv~ and appiy tM sam~ on ~aovn~ of tM ird~bted~ n~ts s~cu~ed F~~by or lo pe~mit said MORTGAGORS to reteive and ust h p•ny part therwf for othe~ purposes, wilhout thareb/ waivinp w unpair- inp any pu~ty, li~n a ripht unde~ o~ by virTw of this mortp~yr, and In tM ewnt ~aid MORTGAGORS i1u11 fo? ~ny ~tawo bIl to k~p tM said pnmi~a w=~ ir?fur~d. or fail to d~liver prompNy ~~y of s~id polities of irwur~nu ro said MORTGAGEE, a fail promptly to pay fvlly a~y pr~mium tMr~fot ot in ~ny respeN fail to per(orrry di~charge, execute, effect, complet~, cor~ply with arx) abid~ by this covenant, w sny put I+Kwf, s+id MORTGAGEE m+y place ~nd _ paY fa iuch inwranc~ w any put thareof without w~iviny w affectJnp ~ny opia~+, If~n, ~q~~ty, a ripM u~?dN w by vi.lw of this Mo.~~, and tM ~ . full amounl of each u~d ewry wch paym~++t shatl bs immediately dw and py+ble a~d sMll b~u int~rat from tF» dat~ Ihcreof uotil paid ~t tM rat~ ol ' nins pe~ cenrum pa amwm and together with such interest shall be secured by the lie~ of t!?~s mortp+p~. ~ 1. To pe~mit, canmit o~ iuf(a no waste, knp+irment or de~~?ioration of ~aid prop~rf~r or any put 1Mr~of. S. To p+y all aod unpular tM costs, cha~ ~nd expames, includ'a~p a ~NSOn~bl~ ano~nry ~ fN .nd co•n of ~bstract~ of titb, incvned w paki ~ sny tims by uid MORTGAGEE, becaus~ w in the ewnt of ~M failun on th~ put of tM s~id MORTGAGOR ro duly, prompNy and fully p~r(wm, d~xhary~ execute, effec~. compkte, comply w~th and ab~de by ~~ch and svery ths stip~l~tions, apreements, caditio% and cown~MS of s~id promissory not~ and thit morryap~ uiy or e~~her. and wid cosb, char9es ~nd e:pN+ses. Nch and ~wry. slwll be imrnedi~tely dw ~nd psyabte: whstl~ or not th~?~ b~ notic~ dr mand attempt Io colkti w suit p~ed~ngj aod tM (ull amount of ~+ch and wery wch paymem shall beu interest from tM dat~ tlKreof vntil pald at ~he ra~e of ~ine per centum pe~ ~nnu~n; a~d ali iaid costs. tMrges and e:penses i~tvrred or paid. togelF?er with s~ch inttrpt, sh~U b~ sKw~d by 1M li~n of thi~ mortpap~. . 6. TMt (e) I~ tM event of any breach of this Mortga~~ w dcf~~lt on the pa.t of tF?~ AhORTGAGOR, w(b) in tM ~vent any of s~id swns of ma~ey herein ~eferred to be not promptly end fvlly paid wiihin th"aty (30) day~ ~exl sfter tM iam~ sevaally becomt dw ~nd payabN, witho~t demand w notics, or in ths ~vem e+ch a~d ~very tMe stipulatiw~s, agreaments, condit~ons and covawnts of atd p~omissory note and tha mortp~p~ any a either ~n no1 iuly, promptly ~r+d tully periwmed, d~scharged. executed. effected. completed. compl~ed with ~nd abided by, thtn in either a~ny axh ~wnt th~ s+id ~g gre9st~ wm mentanec! in ssid promissory note the~ remaini~p unpaid, with imerest ~caued. and all ma~eya s~tv~ed hsreby. sA+ll becortw dw ~od p~p able forthwith, a thereafter, at the oprior? of said MORTGAGEE, u fvlly and compte~ely ~s if ~II of the said swns of mor~r were aiyinally stipul~ted to be pa~d on svch day, anything i~ sa~d promiuwy note a in thia Morty~ge ro thb contrary notw~thstandi~+p; ~nd thKeupon a thsreahK at tM op~an of said MORTGAGEE, without ratice or dema~d, suit at law or in equity, tAer~fwe or thereafter begun, may b~ prosecuted as if atl money~ s~wr~d hsrtby had matured prior to its institution. 7. That in the evenf that ~t the beginn~ng of or at any t~ pending any suit upon this Matyag~, o~ to foreclos~ h, or a nfam it, or to enforu payment of ~ny cla'uns lureunde~, s+id MORTGAGEE shall apply to the Court h~ving jurisdiction thereof (w the ~ppointm~nt of a ReceivK, wth Cowt sh+ll Fwthwith ~ppoint ~ receiver of seid mort9aged propeAy +11 and s~ng~lar, includ~ng all and ai~gvlar the income profib. issues and r~wnues from what~ver sourc~ daived, each ~nd every of wh~ch, it being expreuly w~derstood, is hereby mortgsged ss if ypec~fically set fwth ~nd deuribed in t!~t yranti~g u~d habendum clavses hereof, and such Receiver shaU have aIl the brosd and effective fund~ons and powers in anywiu eotrusted by a Court to a Receivar, and sLch appointment shall be made by such Court as an sdmitted equity ~nd a matter of absolu~~ ~igM to s+id MORTGAGEE, ~nd without r~ference to the adequ~cy w in~deqwcy of the wlue of the properry matga~ed or to the solventy or insolventy of said MORiGAGOR p the defendants, and that s~th ,en~s, profits, tncome, iuves snd revenues sMll be applisd by such Receiv~r eccwdin~ to the lien or equiry of aid MORTGAGEE and th~ pwclice of wch Court. 8. To duy, promptly and fully perfw~n, discharye, execute, effect, comptete, comply with and abide by eid? and ewry th~ stipubtio~s ~yreer.~enri, conditans and covenants in sa~d promiswry note and this mortgsge set fwth_ 9. That in the event the ownerahip of the mortgaged premises, o~ any ps~t thereof, becomes vested In • penon other tMn the MORTGAGOR, th~ MORTGAGEE, its succcssors and sssigna, may, without notice to. the MORTGAOR, deal with such successor a successor in intereft with r~fcrence to thw mortgsge and the debt hereby secured in the same ma~ner as with Nbrtgagw virithout in soy way viti~tirp w distMr~irp the Mwt9a~ors' (iabiliq hera under or vpon the debr Frcreby xcwed. No ssk of the premNes herebr ^w?~9~ged ~nd no forbwr~nu on 11» part of tlw MORIGAGEE or in iucceuas or ass~gra and no e,etenaion oi the time for ths psyment of t1+~ d~bt 1~erebr secwed 9iven by tha MORTGAGEE a it~ sucussors or assi~ns, ah~ll opaat~ to release, dscM~ge, modify cha~ge or affect the orig~nal li~bility of the 1NORiGAGOR herein, either in wFwk ~ in p~rt. 10. It h specificatly agreed that time is of ~~he essence of this contrac~ ~od thst ra wiive? of ~ny obligation Mrwnde~ or of tlw oblipation te~ cvred F~ereb~r shall at any time thereefie~ be held to be a wsive~ of the terms hereof or of th~ iutrumsnt secwed her6y. 11_ In add~tio~ to the fwego:ng monlhly payments of p?inc'pal and interest required by the promiswry note setured hereby, mortgagor tovenants and agrees to pay to mortgagee with each montMy payr~nt an tdd~~ional sum estimated by mwtyagee to be equal to 1/12 of the annual cost of ihe follow- in9~ . . . A-All real property taxes lev~ed w assessed aga~~st the above desaibed real estate. B-Premiums o~ fire and windstorm insurance as herein requ:red to be ca~ried on the improvemenK situate on the above destribed premites. C-Premivms on such matgage gusranty inwrsnce as mo?tgsgee shsll from t~me to tlme dcem fif to arry on the (oan ~ec~red hlreby. Mortgagee shall from t~me to t7me ~otify mortgagor in writing of the amount due snd payable herevnder and such sum shall the~evpon be dve and i payable on the due date of the next monthly paymem and each successive month thereafter ur.til mwtgagee shall notify mort~sgor of e change in t~ch f amount. Such sums sF.all be applied by mo~tgsgee toward the payment of real property tsxes, insurante premiums, and mwtgsye puaranfy inwrance ~ premivms. . . IN WITNESS WNEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year finf afores~id. ~ Signed, Sealed and delivered in the presence of: ~ ~ (La~ Wil ian R Ho le q r ~ ~ Wanda R. Holle ~ ~ STATE OF fLORIOA ~ counmr oF St . Lucie u- - Befwe me perwnally app~ared William R. Hollev _ ,,,d Wanda R. HOllev his wife, to me well krwwn ,nd keawn to ma to b~ q the individwls deuribed in ~nd who executed tF~e fore9oirg instrument, and acknowledped before me that tt?sy e:acuted the. ;~a~, for th~ pwpo~a ~ therein expressed. And the said Wa1'1d8 R_ HAlleV ~__~':;y _~t , % . ~ wife of the said • ~tMOA ~~pvst~ aIS~! priv~N exsmination by me taken separate and apart from her said hwbsnd, atknowledped to and ix(or~ m~ thaf ex sa •~rq i~eqt ftil~jl~~volvo- ~ tarily and w~thovt any compulsion, constrai~t, apprehension, ~oLr feu of or from her s~id Fwsband. v' : ~,;•4~ ~ WITNESS my Mnd and official seal this ~~~f.~ day of ~A. ~ 19r.~ 's - • r e ~ Pv lic u~d foi t ~t LrtQ~ '~Y ~ . . ' " • ' ' ~ . - Commiuion expires: Y Return To: Notary PubRc. SIeH ef lWI~Ie O~. . •••••,t x fint Feder~l Savings 6 Loan Associat~on ~ A1y Coma+s:i~n Exp~~s . e n . ~ Oi Fort P~erce. Bor.-!;d by Ameri:un Fu~e S Ca=Y'a{~y ' ~ Fort Pierce, Flwida ' . ~ 33r9'Q68 ~ .-K ~owuFo ~ f!LEU , TY fl~• ~ This Instrument Prepared By J. H. Roberts, JZ . , A~~' c;UN ~ First Federal Savings ~ loan Association ST' ~~f;t "~Y'~'j~~'S t~, • of Fort Pierce , Rlorida 33450 EFK i`~~ ,~S L~va ~ ~ a4Ci:F., 'i' ' ~ Checked By Boa~~ ~acf 2~0 3 30 ~~'~5 ~ Oc~ 15 dz _ - - - - - - , _ , . _ . . _