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Home My WebLink About0796 To plac~ aod co~tinuously keep on the bvi;Jir.9~ now o~ hare~irer ~;twte on sa~d land and on all eq;~~pment and penonaily covered by this monQ~ ~y~, with all prtm;ums the.con ~.a~d in iuil, fire i~~surance in the uswl surxlard po4cy (o~m, in a?um approred by the 6'ORiGAGEE, s~+d windstwm inwr~nc~ in ~M uiud slands~d pol,cy fo.m, in • sum approvrd by the MORTGAGEE, in w<h canp~ny or compan~es as ~he MORiGAGEE may diretl; and ali fir~ ~nd windsrorm insursnce policiei on •ny of ~aid bu~ldmys, any intarast therein or part Iherwf, i~ tM aygrcQate tum ~fa~sa~d or ,~s-w lo exc~ss ~hereof, sh~ll contaio Me uwal st~ndarJ mureqsgee dawe a such o~her cl~u?e a• th~ Mwtyagce miy requir~, maMirp the Ioss unda taid polE ~ cief, e~ch and way, payable ~o se~d MORTGAGEE ~s ~ts imerrit may appaar, uxl each ard e~rry such pulicy ~halt ba p~omp~ly ~~s yned a~d de~ive~~d ~o ~ny hald by s~id MORTGAGEE as Iur~her secuiity to seid monflage deb~, and, ~o~ lesi ehan ~en (i0) days in ad~a~ca of the sxpi?ation of each polity, to da IivN to uid MORTGAGEE a ~~new~l Ihertof, tog~thN wiih • rece~pt fu 1he pr~m+um of such renewal; snd ~her• sha!I be no f~re or winsf~torm iniuranc~ pl~ced on any of ssid buitdings, any interett thsre~n a pu~ the~~o}, u~ieu in th~ (orm end with tt» loas p~yabk as atores~id~ a~+d in tM •v~nt any svm of money beconus pay~ble ~r.der •uch policy or pol~cfei said MORTGAGEE shsll ~vs ~ha opnon to rece~ve •nd ~ppty ths sa~ne on ~ccount ol ~M ind~bted~ Mfl fKUfOd ~1fr~y Of tp ~frmil ~s~d MORTGAGORS f0 fBCeivO and uN it p a~./ pail Il~ereo) for otiiet pur~~OSCi, wi~hC~t th:+tu/ waivi~ig OI ~mpair- >--y~ inp any eqvity, li~n w ~i9h~ under a by v'urw o( thi~ ma.sgagr, ~nd in tM wem ~e~d MORTGAGORS sha:l fa any reasw~ fail ro keep the ~aid pr~mises so iosured, a fdi ro d~liver prompNy any of said polKies of insuranc~ to sa:d MORTGAGEE, w fa~f prompNy to pay fu11y any premium therefw o~ in any r~sp~N fail b pKforrt~, d~xhug~, execwe, ef(ect, comp~ete, comply with and abd~ by ~hit covenaN, a any Fa~l hereoi, ss~d MORTGAGEE may plsu +nd , pay for suth insur~nt~ o~ a~y part thenof withoul waiviny or alfecting ~ny optwn, lien, equAy, or rigM undet w by virtw Of thit Mortyapt, and th! full ~rtqunl of each and ~wry such payment ~hal~ be i~nmediately dw and payaplr and tfiall bear intcrast from the dats thereof un~il paid ~t tM rati ol nin~ p~r ceotum p~r annum and ~o,~elhar with ~uch ]nteres~ shal{ be secured by tM Gen of this mortyaga 1. To permit, commit a suffer no w~ste, impairment or dete~ar~tion of said property or a~y part thereof. S. To pay dl and siryvlK the costt, charpe~ and expensea, includiny a rea~onable atta~ney't fee and cestt of abs+rocts of ti~le, incurrud or paid at any time by ssid MORTGAGEE, because a in tl+e event of fha fa~lure a+ ~he part of the sa~d MORTGAGOR to du~y, promptly ~~d fully ps.fwm, d~uMry~. execute, et(ect, comple~~, comply with end ab~dr by each and every :he st~pvlations, agreements, cor.d~tions, and covanann of said prom~ssory note and thi~ r.+wtpape any o? ~i?her, and sa~d coses, charges and expen:es, each and evr~y, sMll be immed~~tely dve arr! paysble; whether a not there bs notic~ ds mand, ~ttsmpt ro collect or wif panding; ?nd the full amount of each a~d e~e.y iuch pay~nen~ shatl besr interei~ from ~he da~e thereof ~nril paid ~t the rate of nine per centum per annum; and al1 iaid cus~s, chargea and expenses ~ncurred w paiJ, ~oge~her w~th such imerest, ~hall b~ satured by th~ Iien of tbis mw19p~. . 6. Th~t in the ~ven~ of any breach of this Wkirtgage or dcfault on the part of the MOitTGAGOR, o? (b) in "the event •ny of ss~d sumt of ma~ey herein r~ferr~d to be no~ promptly and fully paid w~thin th~r~y (3p) dsy nex~ af~er the seme severa~ly becon,~ due and payable, without dQma~d or eatice, or in the evem each and ever~i the stipulat~c.ns, agreemenrs, conditions and covensms of sa~d promiisory nme and ~h~s mo~tg~ye a~y w either ar~ no1 ~uly, promptly a~d fully p~riormed, d.scharged, executed, e~fected, completed, complied with and ab~ded 5y, tF~en in ei~her w any such event tM uid a¢ 8regat~ sum mero~o~ed in said p~omisio~y note then rema~ning unpa~d, wi~h interest accrued, aru! ail moneys secured h~~eby, shall lxcome dw and p~y- ebie fo~thwiih, a thereafie~, ~t the option of said MOR7GAGEE; aa tully ar~d comptetely as i1 al! oi fhe sald sums of rtw~ey were aiyinally sl~pulated ro be pa~d on such day, aeything in sa;d prom~sswy note or in rhis Mw~gage to the cororory rotwithntand~ng; ~nd thereupon or therraher at ths opt~on of said MORTGAGEE, without notice o~ demand, suit at law or in equily, therefwe or tFiereafter beg~n, may be prasecuted as if all moneys setured hertby had mafured pr~or ro ~q i~slifuhon. - 7. TMt in the event Mat at the bcginning of or at any time pending any suit upon this Mortgage, p to forecios~ 11, w fo refam it, w to enforu psyment of any cla~ms Aereunder, uid MORTGAGfE ~halt apply to the Cour~ having jur~sd~ctiori thereof (or IM ~ppo~~tment nf a Receiver, such tovri shell Forthwith sppoint a receivcr of said mortgaged property all and singular, includ~ng all and singular the income, prolits, iuues snd revenws trom wlutever sovrce derived, esch and every of wh~ch, it being exp~esxty vnde+staod, is hereby mor!gaged as if spec~iical:y uL fortl~ ar+d dewibsd in the ptantirq and habendum cfausea hereof, ~nd such Receiver shall hsve all ~he b~oad and eifecrfve iun;r~ons and powers in anywise enlrusted by • Court to a Receiva~, +nd Euch appoiniment sha31 be made by svch Court as an admitted equity and e matter of absolute right to sald MORiGAGEE, and wiihout refere~ce to ths ~dequscy a inadequacy of the value of the properry mortga9ed or to the so:vency or ;mavency oi uid MORiGAGOR o~ the defendann, and rhat such ~ent~, profits, income, issues •nd revenues shsll be applied by such Receivcr accord~ng fo the lien ot equity of said MORTGAGEE end ~he practice of s~ch Court. 8. To du1y, promptty and fully perform, disch9r esy~cute, effect, comptete, compty with and abide by esch and every the stiputations, ~greenxnri, condit'ans and covenanti in sa~d promissory note and thii mortgage set forth. 9. That in the evenf fhe ownership of the mortgaged premises, or any part thereof, b~comes vested in a perapn pther than the MORTGAGOR, the MORTGAGEE, its successon ~nd suigrts, may, without norice to the MORTGAOR, deal with ~uch svctessa w succe~sor in interest wi~h reference to thq mortgage and the debt hereby secwed In ths sama manner as with Mortgagw yvithow in any way vitiating o? d~xMrging the Mort9agori liability herr under or upw~ the debt hereby xcured. ?Jo sale of the prem+xs hereby mortyaged end no forbeara~ce on Ihs part o~ ths MORiGAGEE or its successors or augna and no eatension of the time fa th~ payment of the debt he~eby setured glvtn by the MORTGAGEE or itt wccessars or assigns, ~hall opuat~ ro release, d~scharge, modify change w affxt th~ oriq~nal liab~6ty of • the MORiGAGOR hs~ein, eithtt in whoM or in part. 10_ It is speufically ag.eed that timr is of the esunce of ~h~s con!ract and th~t no waiver of any ob~igat~on he~eunder or of the ob(igatan se- t~red hereby shall at any time thereafter be held to be a waiver of the terrtu hereof or of the inatrument secured he~by. ~ 11. In add~tio? to the fwego :x~ month!y paymcots of pri„c'pal and interest required by the prom:sso?y note sewred hcreby, mortgagw covensnts end agrees to pay to mortgagee with each monthiy paymero an adJntonal sum eat~mated by mortgagee to be eq~al to 1/ 12 of the annual cost of the follow- ing: A-All reat property taxes levied or asaessed against the above desc~i5ed real estate. B-Ptemivms on lire and windsrorm ir.surar.ce as here~n requ;red to be carried on the ~mprovemeMS s~tuate on the above described premises. C-Premiums on such mwtgage gvaranty ir.w~a~.ce as mortgagee sha0 from t~me to time deem fit to carry on the lojn secured hereby. Mortgagee shalt f~om time to time noti(y mo+tgagor in wr~t~ng of the amount d~e and payabk hereunder and such sum shall therevpon be due snd payable on the due date of the ne~et monthty payment and each successive month thereahe~ ur.til mwtgagee snall notify mortgagor of a chanye in suth amou~t. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ premiums_ IN WITNESS WHEREOF, the said MORTGAGOR has herounto set his hand and seal the day and y r(irst aforesaid. ~ ~ ' ned, Sealed and detiver in the pre of: ~ ~ . ' ~€~1 K~,:.c~ e. w ~s n € - _~~~e; ~ coa~~- s~,~ ~ ~ " ~t ~c : : x~t~+6 ~ Cl€P' ~ =~JCT ~dS1R7 ~ € .~E;,~~.,~ ~ tY lliass ~se.q c STATE O~ RORIDA ~1~~ ~ 3 f ~ou?~r oF st . Luc ie '~b 33~4y~~. Befwe me personally appeared willie H. Williams ~ B@ttj/ jt . w11,l~OS his wife, to me well known and known to me to b~ ~ the individwts deuribed m and who executed the forepoiny instrument, and scknowledged befwe me iMt they executed the same fw the purposes rherein expressed. Arx! the said Betty R. Williass ~ W~re of rt,e ~;a Willie H. Willia,ss „Po„ ~ ~epsrate a~d pirvaN ~ examination b me ta4en se rate and a ~ y pa part from her uid husband, aticnowledged to end before me that she executed said irotrument fre~lr and volur?- ~ tarily and wiiFa~rt any compulsion, co~srraint, approhennsioni pr fear of or from her said husband. ~ WITNESS my hsnd and official ual thia- ~7Z~~~ day of A, p, ~q 76 ~ - ~ ~ - Notary Public i e fw the State of florida aT lary~ 3 My Commissi expires: Return To: _ first Pedera) Savings 3 Loan Aisociation ~r ~ N~r G.w~+..s.. ixc~.., s~tr tt. »n a Of Fort P~erce. ~d~d br /Ys»ticon Rn G Cu~valtr ~ ~ ' Fort Picrce, Florida a . . . ~ ~ .ili~ ~ This Instrument Prepared By Gary R. Bllwood ,`~f ~ First Federal Savings b Loan Association ~J .~•t`. ~ of Fort Pierce ' ~y~~ ` ~ , Florida r _ •r- Checked By ~ ~r ~ A~ ~ %f i - ~ ~ . j . - : ~r ~ ~~~I - ~ ~i~~t!` " ~ ; ; ~ tit:»~`` ~ , . ~ { - ~ a ~ ~ , 4 ~ - _ - - - - N ~ ~ , ~ . ~R . _ _:~w ~v. a,~~~~,.T- sk~~ "t : ~'Y~^ '^ss~~.~`-~