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Home My WebLink About0809 To plac~ and con~inuously ksep on the bui!dmg~ now or M~e~hN utwt~ on s~id land end on all sqvipmtM ~nd pawn~lly tovtr~d by ~hii mort¢ ~p~. wilh aU premi~m~ theraon pa~d in iull, fire insurance ~M ufuat ttandud polity form, in • ~um ~pprov~d by tM MORiGAGEE, •nd windstorm inau~ux~ In tM uswl uanda~d pol:cy form, in + eum approred by ihe MORTGAGEE, i~ wch company o? companiy ~s tM MORTGAGEE m~y ~ duec~t and all i'u~ a~d w~r~d~~orm in~wanca polk~e~ oo any of ~aid bvi~dir~ys. ~ny in1a~~~ tM.~i~ w part ~M~wl, In the pyr~pa~~ wm afas~aid a M~:ceu thereo(, iha'~ conrain the uiual ~tandard mor~gayN c1~uH w~uch WhK cl~u~ ai tM Mo?tppN may r~quu~, m~kinp IM losa unda N~d pd4 1 cie~, e~ch ~nd ~v~ry, payabN ~o ia~d MORTGAGEE ai in It11N211 lllaY ~ppe+r. u~d each and ~wry such policy sl+atl b~ pranptly ~a:pned +nd d~lirtr~d ro sny heW by said MORTGAGEE ~t (ur~har secur~ty ~o sald ma~pap~ debt, a~d, not I~ss tMn ten l10) days in advanct of 1M txpir~tion ol e+ch polity, to dr liver to wid MORTGAGEE a renewal Ihereof, 1o~e~her with a reteipt for tM pr~mium oi ~uth renewal~ +nd 1her~ sMll b~ no fir~ o~ wind~~o~m inwrant~ ptaced on any of said buildings, ~ny iroerest theran a part ~herwl, unles~ in ~F~ form snd wi~h tM lou payabl~ as efo~~s+idj ~nd ln tM ~venl ~ny swn of nan~y becomes payabla under such policy a pol~cies aid MORTGAGEE shall Mw ~hs optian to receive ~nd ~pply tM s~m~ on accounl of tM in6~bted neft securtd hertby a to permit uid MORTGAGORS lo receiv~ and us~ it o? any parl thereof ior ether purposes. wi~hout thaeb/ w~iving o~ ~mpair• in~ any equity, lien or riqht unde~ w by virtue of thii mo:tyape: ~nd in tM ~vcn1 said MORTGAGORS ihall fw ~ny r~sson fail ro keep the said pr~mim w.; intured, or (ai) to de~~~er promptly any of said policies o( insursncs to s~id 11AORTGAGEE, or faH promptly to pay fully +ny premi~m theraiw w in any ~.-w ' raspect fail b periwm, discha~ge, execute, effect, completa, comply wirh ~nd abide by thit cove~an~, u any part hereof, s~id MORTGAGEE may plsc~ ard j p~y fa ivch in~urance w any part thercof without waiving or afisttlt?p ~ny option, li~n, equity, w riyht under ot by virtw of 1hi~ Mat~a~e, and tM full amovnl of e~th and every such payment tMll be immediately dw and 'payable and shall bear interasl from tM d~te the~eot until p~id at tM raN of nine ps~ ce~tum pe~ ~nnum and to~ether with such interzs+ shalt be setured by the lien of this mwtpape. 1. To pe~mil, commil w suffer no wasts, impairme~t a dcteriorstion of said property w ~ny part the~eof. 5. To pay ~11 ~od sinqulw ths costs, clNrges and expense~, includiny a re~sonabk attorney's fee and costs of ab~tracfs of titls, incvned or paid ~1 any time by iaid MOR~GAGEE, because or in the avent of tM failwe on tM part of tM uid MORTGAGOR ro duly, promptly ~nd fully perfwm, d~xhu~ executs, el(ec?, complete, tomply w~th and ab:de by each and every the sNpul~tiona, ayreemenn, conditions, +nd covenants of said promissory not~ and this mortqape my or either, and u~d costs. cha~ges and expenus, each and eve~y. shall be immcdiately dw and payable: wheth~r q not tF~er~ be no~ke de mand, atfempt to collect or fuit pend~np; and the full amovnt oi aath and we?y such paymenl shall be~r interest (rom IM d~fa thereof unlil p~id af tht ~ate of nins per ceotum per annum; and all said costs, charges and expanses inturred p paid, Iopelher w~th suth iniaest, shall be satwed by the lis~ of thif mwt9spa ~ 6. That (a) in the event of any breach of this Mortgage or defsult on tF~ part of the MORTGAGOR, a(b) in the event any of said sums of rtwoey herein refared to be not promptly and fully paid within th~rty (30) dsys ~+ext after the same uver~lly become due and payable, witlwW dem~nd w ~otice. or in the event each ~nd evrry the stipulations, sgreements, conditions and cove~an~s ot u~d promissory not~ +nd th:s mortyaye ~ny w either are nol luly, promptly and fully perfwmed, d+schuged, executed, cffected, compieted, complied with and ab+ded yy, tF~n ie e~the~ or ~ny such tveM tM s~~d a¢ gregate aum mentioned in said p~omissory note then ~emai~ing ~npaid, with interesl accrued, and all moneys setu~ed htrt~y, shall betome dw and p~y~ able fathwitA, w rFKresfter~ af ~he opt~on of said MORTGAGEE, ai futly ~nd comptetety as ii al{ of the wid wms of mon~y were oriy~n~lty ttipulatcd to be pa~d o~ such duy, anything in sa:d p~om~stwy note or in this Mortgage fo the co~trary notwithstand~ng; and Ihereupon or thereaftet ~t the opt~on of said MORTGAGEE, without notite or demand, suit at law a in equity, therefore or thereaftN begun, may be proucuted u if all money~ secured heteby had matwed pnor to in institutron. 7. That in the event that st the beginning of w st any time pending sny suit upw+ ~h~s Mortgage, a fo foreclofe if, w to refam it, or fo enfwce paymcnt of sny claims hereunder, said MORTGAGEE shall apply to the Court hsvi~g ~ur~sd;c+ion thereoi for the appoinhnent of • Receiver, suth Cou?t shall Forthwith appo+nr a receivr of said nwrtgaged property a!1 and singut~r, intludmg all and singular Ihe income, profits, issues snd rovenues from whatever wurce daived, each and every of which, it being expressly underatood, i~ he~eby mortgaged as if tpetifiully fet (wth ~nd desuibed in 1M qrantinq s~+d habendum dauses hereof, and svch Receiver shatl hsve atl the txoad and effective funct:ons and powtrs in anywise entrusted by a Court to a Reteiver, ~nd such appointment shal~ be macie by such Court as an admitted equity and a matter of absokute rigl?t !o said MORTGAGEE, ~nd w~thout reference to the adequaq or inadequacy of the value ot the p~operty mortgsged w to the sa~vency or insotvency of said MORTGAGOR a the defendants, and that ~uch rrms, profits, incane, issues and reve~ues shail be apFlied by such Receiver accord~ng to the lien w equiry of said MORTGAGEE and the practice of fuch Court. . . 8. To duly, promptly and fully perfwm, dischargs, execute, effect, cornpfNe, comp~y with and.abids by ~ach and every the stipulations, agreemenri, conditioru and cove~anr~ in sa~d prort:isswy note and ~his mo~tgage tut fwth. 9. That in thr even~ the ownership of the mortyaged prem~ses, a any part tiurcof, becomes, vested in s person othe~ than the MORTGAGOR, the MORTGAGEE, its auccessors e~d assigns, may, withovt notice to the' MORT6AOR, desl' wilh svch succaswr a svccessw in interes~ wifh referente to this mor~gage and the debt hereby secured in the same ma~ner as with Mortgagor withoul in sny way vitiati~p w dixharging tM Mortgagors' lisbility 1?era under or upon the dzCt hereby secured. No sale of the Frem~sea hereby mortgaged a~d no forbearante on tht part oi tMe MORTGAGEE w iri tuccessw~ or a:s~gns and no ex~ens~on of ~he time far the payment of tfie debt hereby secured given by the MORiGAGEE or it~ successors w auiyns, sh~ll oparate ro reiease, discharge, modify change or aifect the orig~nal liability of the AM1ORiGAGOR herein, either in whole or in put. 10. It is speufically agreed that t~mr is of the essence of this contract and that no weiver of any obligat~on hereunder or of the oblig~tion te- cured hereby shaU at any time tbereaher be held to be a wairer of the terms hereot w of the instrument secured herby. 11. In add;t~o~ to the forege ng month'y paymenfs of princ pal and imerest requi~ed by the prom~ssory note secured hereby, mortgagor covenants and agrees to ~ay to mortgagee w~th each monthiy payrnent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the fol{ow- ~ng: . A-All real property taxes lev~ed or asses:_d agaihst thc above descr~~ed rea~ es~afe. B-Peemiu:ns on fire a~ windsto~m inswance as Ine.ein .equ~red to be carried on the improvements situafe on the above described prtmises. I C-Prertiiums on such mortgage guaranty i~surar.ce as mortgagc~ shall frcm t~me to time deem fit to carry on fFu ban secured hereby. ~ Matgagee ahaSl fram t~me to time not~fy morryagor ~n writinq of the amount due and payable hereunder and such sum shall thereupon be due and ~ Fayable on the due date of the next month~y payrnent and e~ch successive mo~th thereafter ur,til morlgagee shall notify mortgagw of a change in uxh t ; a~~ount. Such sums shail be applied 'oy mortgagee toward the payment of rea! properry taxes, inwrance ptem:ums, and mortgage guaranfy i~surante t Premiums. € ~ IN WITNESS YJHEREOf, the sa~d MORTGAGOR has he~eunto set his F~and and sea) the day ~d-~e+ ~ res~id_ ~ ' Signed, a and li r in the prese e ~f: ~ F I , Franklin L. D waon ~ j G ` ^ ~ . <lif.~'L/ (Sean ~ Arabe_Ile_ P.. Qawson K..p s ~ ~TATE OF FLORIDA S5. COUNTY OF $t . L.t1Cle ~ - ~f„~ ~„o,,,u„ ,~a«d _ Franklin L. Dawson ~ .,,d Azabe l le P. DBwsOI1 his wife, to me well known and known to me to M the individuals dew+bed in and who executQd tFx foregoing instrument, and sckr?owledged 'oefore me that they executed the sams for the pwpotea therein expressed. And the ~aid Arabelle P. ~dM5011 ~ wif= of the ssid Franklin L. ~aMSOII upon a xparats ~nd privah ~ e,aminstion by me taken separate and apart irom her said husband, eckrawledged ro and before me fhat she executed said instrume~t freely ard volun~ S ~ rar~ly and w~thout any compu~sion, constraint, apprehen~~o~, w fear of w from her said husband. ; ~ WITNESS my hand and offidal seal thi~_ 1SL daY I D@ e~aber ~ p 19 7S ~ ~ f 't , Notary Public in and for t State flwida at lary~ ~ ~ My Commiuion ~xpires: C if /*~~t-' ~y ~ Rewrn 1a. j 7~ "4 fint Federal Savings ~ Loan Association . ~ - OF Fort P,erce. , • ~ ~ Fort Pierce. Floridj : c(~ " . . . . y fl~t~• ~ viv ~ • : ~ ST L'. , ~ . FlA ' F ~ ~ "i' ;S~ ~ ~ i/~,~''•;; ~ C__ . '.;f .C:,;RT ~vS' ~b~~;~;. ~ ~ ~ ~ This Instrument Prepared By Jahn W. Collins ' ~ ~ First Federal Savings b loan Association ~ ' ~ ~ T~' ~ ~ r " DEC I 1 4~ t'N'75:' ~ - of Fort Pierce, Rlorida ~ ~ =~'~w ~ ' _ : _ ~ Checked By ~ a~~r1~~~ = c'. ~ L 1 C:~L'?~~ . ~ ~ .:P ~ ` ~ p p ~ - .f ~''L,R1Dp• ' ~ ~ EOJK ~ J F'AGE 8O~ ~ - - - _ : - _ ~ ' ~ ._=~'~.s~.~?.~_ r . _