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Home My WebLink About0074 3. To plsce ~nd conr~nuou~ly keep on tM bui:d~ngs now w h~.ealt~r ~itw~~ or? ~aid I~nd and on ~II eqvip~nen~ ~nd p~rion~lly cov~r~d by thi~ matp~ p~, wi~h all pr~m~ums ~hereo~ pa~d futl, tue insur~nce in ~hs uswf tland~rd pof~cy fo~m, in ~ sum approvsd by tM MORTGAGEE, ~nd wi~~orm inwr~nc~ i~ tM uswi ~tandard pol,cy form, in • su~n ~pproved by ~h~ MORTGAGEE, in tuch canp~ny a comp~n~~s a ~M MORTGAGEE m~y dirKlp ~nd all fir~ a~d w~nd~torm insu~ance potr~e~ oo +ny oi ta7d build~np~, any ~~~e~.~~ ~hs~•~~ w v+r~ ~Mrwf, in ~M apprtpa~~ wm afas~aid p In ~xcta thereof, shatl contain ths usval ~tandud mwtgagee cl:use a wch o~Mi cl~uN as t1a Matppca may rpuu~, m~kinp tM Iwt v~dtr ~a~d polF ~ ~ cief, ~ach and evny, payable to i+id MORTGAGEE ~s its int~~esi may ~ppear, and each and ~very such policy ~hatl bt promptly ~u:qn~d ~nd d~livered to ~ny held by ~aid MORTGAGEE a~ fur~her iecurity to sald mortya9t debt, and, no? leu tMn ~~o (10) d~ys in sdvanc~ of ths txpiration of t~ch policy, to d~ IivN to iaid MORiGAGEE • renewal the~eo(, ~ogefher with • receipt fa ths pr~mium of such renewal; •nd tha~ ahall b~ no fin a winds~am iniur~nc~ pl~cad on ~ny of wid buildings, ~ny interest thsre~n a pen thereof, untesa in the form and with ths Foss p~yable as atoreuidt +~d tn tFw ~v~nt +ny sum of mon~y becomei payabte under such policy w polic;es s~id MORTGAGEE shsil have tM opt~on ~o receive and ~pply the iame on ~ccoun' o( tM indebted- n~u secu~ed he~eby a ro permit w~d MORTGAGORS to receiv~ ~nd uis i1 a any part thereof iw other pu~poses, without ~he~cb/ waiving w~mpair- inp any equity, lisn w right u~de~ or by vi~tue of ~his mo:tgaye; ~nd in ~he evem s~~d MORTGAGORS sMll tor a~y reaton fail to kaep tl» ~id pt~rnises so ~'4 insured, w fall fo dclivsr promptly any o( said pol~cies of insurante 1o said MORTGAGEE. u lail promptty 1o pay fully sny premium therefor p in ~ny • i f respect fait ro pe.fwm, d~scharge, exccute, effed, complNe, ca~r+ply with and abide by ih~s covenant, a any part Mrwi, said MORTGAGEE m~y p~sce +nd ; pay fw tuch insurance w ~ny part thereof without waiviny or a(fec?irp any option, lien, equity, w riflht unde~ or by virtue of this Mw~~a9~, and 1ht ' futl amou~t of each end every such paymont shall be immediaiely du~ and payable and shall bear interesl trom ths dat~ thcreof until paid at 1M ra1~ 01 nine per centvm per annum and toge~her with such interest sha~l be secured by the lien of this mortyape. 1. To permit. mmmit a sufter no waite. impairme~t a deter'antion of said property w+ny p+„ thereof. 5. To pay all and sinpular tM costs, chsrges and expensea, includ~rg • reawruble attaney's fe~ ~nd cost~ of abstracn of titl~, incwred w p~id ~1 - any time by said MORTGAGEE, because as ~n the eveM of tht failure on the part of Ihe said MORTGAGOR to duly, promptly ~nd fully pMfwm, d~stharqR • exccute, eEtec~, comp~ete, comply w~th and ab:de by each and every the stipulat~ons, ~greements, conditions, and cowna~b oi said pran7uwy note and this ' mwiya~e any w e~!her, and utd costs, charges and e~cpenies, escA and every, shall be immediately due ~nd payable; whethsr a nof thsr• b~ notice ds msnd, attempt to colkct or suit pend~ry; and the full amount af e~cA and every svch payment sha~l bear. interest irom the dat~ thtreof unlil paid at the rate o~ nine per centum ~+rr an~ium; and all said costs, charges and exixn3es inturred w paid, together w~th suth interest, shall b~ sKUred by tFM li~n of fhif mwtgag~. b. TMt in the event bf any breach of this Nlortgage w defau~t on ~he part of the MORTGAGOR, w(b) in the ~ve~+t ~ny of s~7d tums of moeKy hersin r~fe~red to be no1 promptly snd fully paid within th~rty (30) days next after the same severa~ly become due and payable, witho~rt demand w notice. or (cj in the event each end every" the stipulations, agreements, conditions snd covaunts of sa:d promiuory note and this mo+tp~p~ any o~ either ~r~ nof iuly, promptly and futly performed, d~scharged, executed, eifeded, compkted, complied with a~d sb~ded by, then in s~ther or anY such ev~nt 1M uid ap~ ~ yreyate wm memwned in said promissory rwte then remaini~g unpaid, with interesl accrued, end a11 moneyi secured hsreby, sMll bttom! dw and pay- f abie forthwith, w thereafter, at the option of said MORTGAGEf, as fully a~d comple~ely as if •II of the ssid sums of money were apinally stipulated to be paid o~ such day, anyfhing in sa:d prom~ssay note or in this Mortgaqe ~0 1he conna.y norwi~hsranding; and there~pon or thereafter ~t the option of said MORTGAGEE, withoul ~otice or demand, suit a1 law or in equity, therefore w thereafter beyun, may be prosecuted u if all rtaneys setursd hereby had matured pnq to its institution. 7. That in the event that ai tRe beginn:ng of or at any time pend7ng any suit upo~ this MQrtgage, or to fwectose if, a to reform h, o~ to enfwu paymeM of any daims he~eundrr, said MORTGAGEE shall apply to the Coun haring jurisd~ction thereof fo? the appaniment of ~ Receiver, iuch Cour1 shall Forthwith appoint a receiver of sa~d matgaged property all and s~nguls~, includ~~g a11 snd aingul~r Ih~ income, profits, iu~et ~nd rev~n~es lrom whdever - wurce deri,.ed, each dnd every of wh~ch, i~ being expressly untl~rs+ood, is hereby mortgaged as if specifically set iwth ud deuribed in the prantiny and' habendum clauses hereof, and such Receiver shali have all the b.oad 'and effecrive funct~ons and powen in anywise entrusled by a Cour1 to a Reteiver, ~nd such sppointmenf ihall be msde by such Court as an admitted equity and a matter ei absolute right to taid MORTGAGfE, and without reference fo 1M edequaty or inadequacy ol the vaive of the property mo+tgagcd or to the so+vency or insolvency of s+id MORTGAGOR w the defendann, and that •iuch renrs, profits, income, iuves and revenues ~ha11 be apptied by such Receiver accorduig to the lien o? equity of said MORTGAGEE and the practice of wch Court. . 8. To dvly, promptly and futly perfo.m, discharge, execure, effcct, comptere, comply with snd abide by each and ~very the stipulatio.u, preements, cond~tions and covenams ~n sa~d promissory ~wte and ~h~s mortgage ser forth. 9. That in fhe event the ownenhip of Ihe mortgaged premises, or any part !~-rof, becomes vested in a penon other than the MORTGAGOR, tM MORTGAGEE, its successors ~nd au~g~s, msy, withouf no~ice fo ths MORTGAJR, de~l wirh s~ch successor or successor in i~te~est with ieference to this mortgage and the deb~ hereby secured in the same manner as with Mortgagor without in a~y way vitiating a discharying tht Mwtgsgors~`MAbility here~ unde~ w upon the deb~ hcreby sccwed. No ssle of Ihe Fremises htrtby mortgsgcd and no fwbebra~ce an the p+A o( th~ MORTGAGEE 'Or its tutcesson w ass~gns and no extension of the rime for the paYment of the debt hereby :ecwed 9~ven by Ilx MORTGAGEE w it~ succssio?s w assip~n, ?hall operat~ ro releax, d~scharge, modify change w a(fect ehe ori~~nal ~iabil~ty oi the R50R1GAGOR herein, either in whob or in part. , 10_ It is speufically agreed tha! t~me is of the csscnce of ~h~s contract and that no waiver of any obligatan herevnder o? of th~ obliy~Yan sa- cured hereby shalt at ~ny fime ~he~eafier be held to be a waiver of t!?e terms hereof w of the instrument secured herby. 11. In add:tion to the forego'nq monthly paymenrs of print pat and interest required by the ptomisso~y note secured hereby, mortgagor tovenants and agrees to pay to mortgagee v.nh each monthly payr,:ent an add~~ional sum estimated 'by mortgagee to be equal to 1/12 of the annual tosf of the fo~low- ing: ~ . i I A-All reai property taxei lev~ec' or assessed agal•,st the above deuribed real estate. j B-Premiums on fire and •+vindstorm insu+ar.ce as herein requ:red to be carried on the improvemeMS situate on the above described premises. ~ C-Premiums on such matg~ge gw~ar,ty insurar:ce as matgagee shaU from t]me to time deem h to carry on the losn secured hereby. ~ ~ Mortgagee shaEl from tune to t~me na~ify morfgagor ~n wns~ng of the amovnt due and payable hereundrr and such sum sFwll thereupon be dve and ~ payable on the due date of the re,et month:y payment end each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ~ a~nount. $uch sums shas! be appiied by mortgagee tovvard the payrt~~nt of real property taxes, i~surance prem:ums, and rtwrtgage guar~nty insunnce ~ premiums. • ~ IN Y1ITNESS VVHfREOf, the said Nk7RTGAGOR has i~ereunto set his hand and seal the day and year first aforessid_ ~ipned. Sealcd and detivered in the presencs oi: 1-~ _ j , ~ .,l.R~.,. /3 ~ 'li.~~.G~~? Tt~:>c.~c_~.~~ t~-'-f?? C~~~~-,~•,n w e a• a d M f ,q ~ +0 witness: q ~ STATE Of FLORIDA ~ ~ S5. cour,nr oF St .Lucie ~ Before me pe~wnally appeared ~OZ1ald L ~CAf 8e snd Rubv ylCAf gp - his w~fe, to me wetl known snd known to me to bs the individuats described in and who executed the fo?egany instrument, ~nd acknowled9ed befwe me that they executed the same for the pwposes ~ therein expresxd. Md the said- Rllby MeAf e~_ ~ wife of the said ~Oi1Ald Z.. MeAf~ee upon a sep~r~te ~nd priwt~ exemmetion by me taken xparate and apart from her said husband, scknowledged to and before me that she executed uid irqtrumenf f?eely ~nd votun- ~ earily and withovt any computsion, consrraint, apprehens~on, or fear of or from her said husband. a - ~y.~~ ~ ~ ~ ~ WITNESS my hand and offiual seal this_ ~s day of -~~`r'~"~ A. D. 19 7 ~ ~ Not~ry PubGc in and fw the e of Fbrlda ~t,4rp~ , ~ My Commusion expires: ~ ~q Q~ ~ Retum To: • . Fint Federal Savings 3 loan Associat~on _ % ~ Of Fott P:erc>. ~ `J ~ J r•. L~ ' ; Fort Pi~rce, Fionda ~ RtCUR~E~ _ ~ FILEiI AMv N1Y FIA. ,T;:'J~~ t', = ~ SY.lUC1E COU ::t.t._. . . _ tiOCE;~ ~~?titAS ~ ~ , . ~ ~ COURT - ~ ~ . t Q ~ • ~ ° . ~ . - ~ CIERK C:P•;•U11 ~ This Instrument Prepared By J. H. Roberts Jr. pfCORDYf~ F~ED . N r, ~ _ ~ First Federal Savings & Loan Association 05 PN ~'6 . y ~of Fort Pierce ~ Rlozida 33450 ~ ~~3~7G ~ `,p" ~ Checked By 1,~-- ~ 33~2~6 ~ FR~~~ ~ * ~ ~ ~ ri z ~ - - _ _ . - - _ _ _ ~ Y~=.;