The URL can be used to link to this page

Home My WebLink About0475 . . ~ . ~ ~ ~ ~ ~ ~ 1 To pi~c~ end continuously 4eep on tF~e bui:~l~ngs now or hereafter iitu~te on fa~d I~nd and on ~II equipment ~nd p~e?wnally cov~r~d by thi~ mwt~ p~, with ~tl pt~miurns tMieun pa~d in full, fire insu~anc~ i~ Ih~ utu~l itand~rd polity (am, en ~ tum approved by iM MORiGAGEE, ?nd windstwm in~ur~nct in ~M ~~ual stsnd~rd po:~cy fonn, in s sum approved by the MORTGAGEE, i~ ~~th cwnpa~y or comp+nies as tM MORiGAGEE may diredj ard all Pu~ a~d wind~~orm intu~enca polKies on any of uid build~rpi, any iMer~~t tl+K~in w p~~~ ~F~er~of, in tM pqrpaq sum ator~said or In ~xceu therwl, aMll cont,in iM urxl st~~derd matfls~ clau~ a wth otht~ clauw ~s tM Mwtps~N may rpuu~. ma?iop tM lou undN s~~d polF ciq, erach and ~v~ry, payable ~o uid MORTGAGEE ils intereu may appe~r, and each ~nd ~very ~uth policy ~hall b~ promp~ly us:qntd ~nd detiv~rtd to •ny Mld by seid MORTGAGEE as (ur~hcr securi~y ro said mor~9aya debt, a~, not less ~Mn ttn l10) d~ys in advance of ~h~ ~xpiration of •~ch policy, to dr liw~ to said MORTGAGEE a renewal thereof, lopetMr with a rece~pt fa tha p?emivm of tuch r~~ewal; and ther~ shall b~ no f~r~ a win~itam inwranc~ pl~c~d on any of iaid bvildings, any interes~ thereen w pa?t fhereof, vnless in the io~m •~x! with th~ loss payabl~ as ~fatsaid; and in tM ~vent ~ny iwn ot rno~+sy L~eeom~s`paqsWF-orses~zrtk-~att~arpencra~n arYa-re~enr~ns~-spptq-tlw-u~ ~ M~! flCUfC(I MfOby u a prrmit said. N10RTGAGORS to rec~iw a~d uu it or any pa~~ thereof for other purp~sei, wi~hout thc.Eb~ waivi~y or ~mpair- inq any equ~ry, lien w~ght u~der a by virtue of Ihii matgaye; and in the eve~t u~d MORiGAGORS sAall for sny resson f~ll fo ke~p the i~id p?emises w insured, o? fail to del~ver p~omptly any of said policies ol ins~r~ncs to s~id 11tiORTGAGEf, or fail promptly to pay fully a~y prtmium the~efw w fn an~ r~spen (ail to psrform, d~scha~ge, ezecute, sf(ed, comp~ete, comply wlth and ~bid~ by thii covs~ant, a ~ny pert htrsof, said MORTGAGEE may pi~c~ and pay for such iniurancs w sny parl thereof without waivirp os afledinp any option, Ittn, eqvity, w ripht undK o~ by virtw of thif Matya~, u+d the full ~mo~n1 of each and e~ery such paymeM sMll be immediately dw and payabls and sha~l bea? intarest from 1Fa dats therwf until paid at ti» rat~ ot nin~ per ce~tum per annum and together wi~h iuch intcrest shatl Fie sacured by ths li~n of this rtartgaye. 1. To permit, commit or suffer no waste, impairment or deteriaration o( said property p~ny part tl?ereof. . - 5. To pay all and sir.gulir ~M coats, cFwrye~ ~nd expenses, includ~np a reasonabk anwn~y's fee and costs of ~bitracts of titk, incv~r~d a paid ~t any time by said MORTGAGfE, becwsep in the event of the iailure on the pa+t of the said MORTGAGOR to duly, promptly and fully perform, disclvrg~ execute, ef(ep, complets; comply w~th dnd ab:de by each and every tF+e stip~lat~ons, agreements, condifioru, •nd cov~na~b of iaid pramiisory note ~nd thi~ mortyag~ sny w eilhe~, and said cosh, char~ei and expenses, each and eve?y, sMll be immediately due and payable; wheihe~ w nol tMre be notice dr mand, attempt to co~kct w suit pend~n~; aod the fuli amoum of each and.every such payment shall bea? i~terest irom tM d~t~ thtreof until paid at th~ rate of n~ne per centum per a~nurn; and all said costs, charges and eYpenxs incvired or paid, together w~~h iuch imsrest, sha1) b~ a~cvred by the li~n of thq mort~a~e. 6. Th~t (a) in tM ~ver+t of ~ny brcach of this Nlwtgage w default on the part of the lNORTGAGOR, or (b) in the svent ~ny of sa~d sums of morwy he~ein teferred to bs not promptly and fu!!y paid witnin thirty (30) days next afler the sar~e ssveratly betome ~+ue ~nd p~yabl~, withput dtmar+d p notite, or (c) in tM event e~ch and evary the stipula~iqns, agrcemeob, cond'+tions and coven~nts of sa:d promiuory note and ?his mwtya~ any p ~itMi are nol iuly, promptly and fully performed, discharged, execured, efFected, compfeted, compl~ed wifh ~nd a~ided by, the~ in either or any ~uch twnt U~ said g~ gregtte sum mentioned in said promisswy note then remsining ~npaid, with interest aurued, snd a11 money~ sdcured hereby, sM{I betome dw ~nd pay- sble forlhwi!h, a the~eaf~er, at the option of aaid MORTGAGEE, as fuily and completely as if att of the said sums of money wert aipin~lly s~~pul~ted ro be paid on such day, anything in sa;d Fromisswy note or in this Mwtgage to the contrary rwtwithstsnding; and thereupon or there~fter at the option oi said MORTGAGEE, wi~hout notice w demand, suit st !aw w in equity, thcre(ore or thereaf~er begun, may be pro~tuted as if ~I) mafeys s~tvred Fateby had maturtd ptior to its i~stitution. 7. TMt in tF?e e~cnt that at tF+e beginning of a at any time pendir.g any suit upon this Mortgage, p to foretlose it, or to refWm it, or•. fe,xflw0~ paymcnt of any claims haeunder, said MORTGAGEE shaU apply to the Court having jurisd~c+~on thereof for the sppantment of ~ Receivv, wch Cwnl shai) (orthwith appoiM a~eceiver oi wid mortgaged property aii snd singular, inciudmg ali and sirgular ~he incorta, profits, iaues and rtverwes from whatevar source derived, each and every of wfi~ch, it being expressly understood, is he:eby mortgaged-at specifically aet (wtl~ ~nd deKribed in tM prartinp and habandum deuses Froreof, and such Receiver shall 1?ive all the broad and efiective funcnons and powcrs in anywise entrusted by s Court fo • Receiver, and + wch appointment ahall be made by such Court as an admitted eq~ity ~nd a matter o( absolute right to said MORTGAGEE, and without referenca to the ~ adequacy w inadequ~cy of the wlue of the p~operly mortgaged or to the wtvency or insofvency of said MORTGAGOR p the defendants, and that such renfs, prof~ts, income, issues anci revenues shall be applied by such Receivcr accerding to ~fie lien w equity of siid MORTGAGfE and the practice of such Court. 8. To du!y, promptly ~nd fully perform, dixharge, execute, eficcr, complete, comply with snd abide by each and every ihe stipulatioru, sgreerrKN~, conditioro and covenann ]n sa~d promissory note and thif mortgage set forth. 9. TF~at in the event the ownership of the mortga9ed p~emises, or any part thereof, becomei vested in a person other ihan the MORTGAGOR, tM MORTGAGEE, ita successors and ass~gns, may, wi~hout hdticr to the MORiGAOR, deal with such successor a auccessor in interest with refer~nce to this mortgage and the dcbt hertby secvred in tht sarn~ maenet as with MortQspw without in any. way viti~tin~ p dittf~arginp t11s Nbrlyspon lisbility hert under or upon the debt hercby ser~red. No sa~e of the premiu~ hereby mortgayed and no forbearance on the put of tlk MOR~GACtEE a iri successon or assigns and no exfe~sion o! tM time for the paymeM di the- debt hereby secured given by tf~e ARORTGAGEE oi ih svccessots or auiyns, ~hall operaq io release, d~xhatye,. modity charqe or aftect the w~Qinal Ilability of the MORTGAGOR herein; atha in wfiok a Iq part. ' 10. It is speuf~calty agrecd tF~sr time is of the essence oi. this oontrut ~nd that na waiver of any obligstion heraurKJer of of the oblip~tio~ ss- cured hereby shali at eny time Ihereaher be heid ro be a waiver of tiu terms hereof or o( the instrument secured herby. 11. In add~tio~ ta the forrgo ng monthfy paymems of princ pal and inre~est required by the promissory nore secured hereby, mortg~gor coveMnts and ayreea to pay to mortgagee with each mo~rhiy payrnent an add~vional sum est~mated by mortgagee to be equal fo 1/12 of the annual tost of {he follow- ~ng: A~N real property taxes fev]e3 or assessed aga~~sf thc abanre deuribed reat es~~te. ' • ~ : B-Premiu~m on fi~e and windstorm insu:ar.ce as herein requ:red to be carried on the improveme~ts situate w'~ the ~bove desuibed ptemise.y. ' t C-Prcrniums on such mortgaye gwrantp insurar,~e as mortgagee shall from t;me ro tims deem fit tQ carry oe. the toan se~ured hareby. ~ Mortgagee shall from t~~T:e to t~me rotify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and i payable on the due date of the ne¦t month!y payment and each successive month thereafter ur,ti! mwtgagee'shall notify mortgagor of a chaoge in sucF~ ~ ~ a~~ount. Such s~ns shaii be appiird by mor:gagee toward the payment of real property tazes, insurance prem:ums, and mortg~ge guaranty insutarxe p~emiums. ' ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his ha~d and seal the day snd year r t af , \ ; Signcd, Sealed and delivered in the presence of: ~ ~ ~ ~ •n • C V nc i t ~ _ n ; ~Mazie. L. a e ~n ~ € STATE OF FLORIDA ~ COUNTY OF $t . Luc~ie ~ ~ ~ ~ Before me penonally appeared .IOhfl C. Vdt7Ce ~nd t Mazie L Vanee h+s wife, to me well known and known to me ro b~ ~ the indiridvals desvibed in a~d who execuPed the foreyanp instrument, md atkrawiedged befwt me fhal they exatuted the same fw the purposes ~ lherein expressed. Md the said ~lazie~~ Vance „ wife of tM said , John C. ~/Ht'1C! upon • sep~rate ~nd priv~t~ ; ~ examination by me taken xparale and ~part frem her said h~rsband, ~cknowledged to and befwe me that ~he exec~ted taid instr~menf•fr~al~ ~nd volv~ ~ ra~ly and wi~hout •ny compultion, constraint, app.ehen~s'°`~~° fesr of w from her said husband. ~ WITNESS my hand and officiai seal thia.._. r"~- day of Mav y A, p. ~q 76 - ~I~fi, ?:C~ /7 • ; ST lUt;i~ ~ v ~ ~ ~ ~ jUMi'i F~l Notary Public in and fw ths St~y jd~,~t~rp~ L"~;.' `R A ~ My Commiuion expireu ~ s . : ~ ~ 3 G Retum 10: C_.FF[ ;:o ;i;;j ~~JRT '~'.t~ `~JK,,;,~,~0" ~ # " First Federal Savings 3 Loa~ Association ~E..~k = iF ~ ,rt 1` ~ Y . ' ~ ~ Of iort P~erce. ~ - 'r ~ Fort Pierce. Florida ~Ar 'O I ~ > ~ : ~ ' .N ~ . • N ~ I~ ` _ ` ; , ' , # ~ 33447~g . ~ = ~ ~ . : ~ . ~ " ~ -4 This Instrument Prepared ByJ. Hal Roberts JZ. " ' ' . . y . ' i °i First federal Savings 8~ Loan Association ' ~ s ~ F ~ : . of Fort Pierce ~ Florida 33450 ~ • • • • ~ Checked By ~ ' ' f ~ ~ ~ ~ f~~