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Home My WebLink About0082 J. To p!x~ ~nd con?inuousty keep o~ 1M bu~'d~ngs now o~ F.~reafr~r ?ifWt~ 0~1 f~~d la~+d +nd on ~II equipmero ~nd pasonally cov~r~d by this matp~ ~y~, with ~11 p~emivrru the~con pa~d ~n iull, iire insunnca in ~hs uw~l sunderd policy fo~m, In a ium approv~d by the MOR~GAGEE, ~nd wind~twm insw~na in IM usual uandard pol~cy form, In a sum ~pproved by th~ NIORTGAGEE, i~ wch tompany or comp~rt~a as 1M MORTGAGEE miy direttj ~nd all fir~ ~nd w~ndtro~m :nwrsnte poli<ies on ~ny of iaid build~np~, any +nter~N ther~in o~ part thtrwl, in th~ aggreqaN sum ~ta~Nid w • M uctas Ihereof, thall contain ihs usu~l ~~a~da~d mat9aye~ clauu u such o~M~ claus~ u tM Mw19ay~a m~y rsqwn. m~Ainp tM loa vndN ~aid po1F "y. cie~, each ~nd evNy, payabt~ to said MORTGAGEE as ~ts interes~ may ~ppear, ~nd e+ch a~d ~v~~y ~uch policy shal~ bt promptly aas.qn~d u+d d~~ivsred to any heW by ~id MORTGAGEE ~s iunher securi~y 1o uid mwtgage debt, and, not less than tsn (10) dayt in advarxe of 21+~ •apir~tan of sach policy, to dr liv« to uid MORTGAGEE a r~newal thereof, to9eiMr with a receipt fw Ihe pramium of ~uch renewal; and Iher~ sMll b~ no fir~ w winditwm insur~nct piaced on ~ny of said buildings, sny i~tereal there~n or part ~he~coi, unie» in the form ~nd wiih th~ loss payabk ~s •ivroia~d; a+x! k~ ths e~e~t any sum of mon~y becw„~s payable w~de~ such poticy w policie~ iaid MORTGAGEE ihall Mve rM opt~on fo receive and apply the sunt on accovnl oi ~M I~d~bted ~xa secwed Mroby w ro permit ssid MOR1GACaVkS to rece~vo and use ~t or any pa~1 Ihereof for a~ner purposes, wiiiwui 1ha~cu~ woiv:~~y w~.~~N.~~• irg any eqv~ty, lien w righ~ under or by virtw of ~his mo:~gaye; ~nd in ths ~ven~ ia~d lNORTGAGORS ihall fw ~ny ~eason f~il ~o ke~p the ssid p.emises w'`'" in~wed, a fall lo deliver promptly ~ny of said pol~cies of intiurancs to said MORTGAGEE, w iail promptly to pay (ully +ny prtmium therefor p in any i r~spacf fail ro perForm, discharge, execute, eifed, complete, comply with and abids by this covenant, w sny parl hereof, ssid MORTGAGEE may pl+ce and , pay fp such insorance o? sny part thereof without_ waivin~ ot affectinp any option, Utn, equity, o~ ri~M undar a by virlw of thia Mort~p~, and tM fult amounl of eath ~nd every tuch payment shell be immcdi~tely due and payable and shall bear interest from tM d~t~ thereoi unlit paid at the rat~ 0) nirk pe~ centum per annum and togr7he. with such {nterest shalf be seturod by the IiOn o( thi~ mort9aye. t. To permit, commit w suiFe~ no waste, imp~irment w deterioration of said property w sny psrt thereof. S. To pay atl and s+n~uler tF+e co~ts, chsrgn and expe.ues, u~clud~np a reasonable attancy'i fe~ snd coiti of abitractt of. title, incur~ed w paid ~t eny time by said MORIGAGEE, betause or in Ihe event of the faiture on ths part of tM taid MORTGAGOR to duly, {uomptly ~nd fully perform, distharp~, e:aute, eilec4 comptere, mmply w~rh a~+d ab;de by each and every ~hc SIi~f4lil~ans, agrtanxnts, conditiont, and rnvenanss a! uid promissory note arsd tha mdtgags ~ny or ei~he~, and uid costs, charges and expenxs, cach and every, shall be immedi~tely due and payabte; whether o? not ther~ be notice d~ mand, anemp~ to coltect a s~it pend~nq; and the full amovN of each and every svcA payment shali bea. interesl from the date thereof until peid ~t thc ratc of nine per centum pCi am~um; and all uid costs, char9e~ and expensea incurred or paid, 1oga~her w~th suth interest, ~hall b~ a~tu~ed by the lae oi 1Fw mortyaye. b. That (a) in the event of a~y breach of ~his Mor~gsge w default on the part ot the MORTGAGOR, w(b) i~ ths event any ot ssid ~vms of money herein referred to be not prompdy and futty paid w~~hin thury (30) days nex~ after the same aeverally become d~ie and payabl~, wtthout demand or notice, or (c) in the event fMFI Afld every the stipuiatioro, agreemants, cond~tions and covenaMS of sa~d promiuwy note snd th~s matpay~ any p either ar~ nd iuly, promptly and fully per(wmed, d~uharged, executcd, effected, completed, compl~ed with and abided by, then in eithet w any suth avent tM ~aid ~ gregate sum mentioned in aaid promiaao~y no?e then remaining unpaid, with interest accrued, and all moneyf setured hereby, sh~ll become due and p~y~ able forthwith, or thereafter, af ~he option of said MORTGAGEE, as fully a~d completely as if all of ~he said wms of money were ony~nalty slepulated to be pa~d on such day, anythin9 in said promisswy note or in this Mortgage to the conlrary notwi~hstanding; and IhereupW~ w fhereafter ~t ths option of said MORTGAGEE, without notice w demand, suit at law or in equrty, therefwe u thereaher be9un, may be proxtuted ~s if ~II moneys setu~ed hereby had malured pr~or to its institutwn. 7. Thst in fF~e event :hat at the beginnirg of w at any time pending any suit upon thit Mort4~ge, or to fwecbse tt, o? to reform it, q fo enforc~ payment of sny daims hcrewede., said MORTGAGEE shall apply to the Cou~t having juris~:c~ion thereof fw the appointment of • Receiver, such Court sMll FwthwitA ~ppoint a receiver of said mortgsged property all and singular, includ~ng all and singu:ar the income, piofits, iswes and r~venves irom whatever source darived, exh and every of wh~ch, it being expressfy ~nderstood, is hereby mortgaged as if specifitally sst iwtA and detcribed in ?he ~rantin9 and hebendum clauses hereof, and such Receiver shall have all the broad and effective funct~ona a~d powe~s in anywise eMrusted by • Cou?t to a Receivtr, and s~ch appointment shalt be made by such Cou~t as an admitted equify and s matter of abwlute right to said MORiGAGEE, ~nd withouf referente to tM •dequacy w~nsdequacy ot the vatue ot the prope~ty mor~gagcd or to the so~vency or msocvency oi ia~a MUKIGAIaUK or tne oeienoants, ~na ~i?at s~cn renes, profiri, income, issues and revenues shail be applied by such Rece~ve~ accord~ny to the lien a equiry of taid MORiGAGEE and the practict of such Cou~t. 8. To duty, promptly and fvtly perform, discharge, execute, e~fec~, complete, comply with and abicle by e~ch ~nd every the stipul~tions, sgreements, cendit'a~s and covenants in yaid promissory rate and ti~ii mor~gaqe set fortR. ~ 9. That in the event the ownership of the mortga9ed Premises, w any psrt tFe~eof, becomes vssted in a psnon other Nu~ the 1MflRTGAGOR, tht MORTGAGEE, its successora and assigns, may, withou~ notica to the MORTGAOR, deal with such wctessw w successor in interest with referente to tha mwtgage and tFw debl hereby stcured in the aame manne~ as viith Mortgagor without in any way vitiatiny or disd~arging the Mbrtgsgors' liability hera under or upon the debt t~reby tecu~ed. No sals of the premises hereby mortgaged +nd no fabearanc~ on tht p~rt of the AhQRTGAGEE w its iuttesson or ass~g~s and nd eatension of the t~me for the peyme~t of the debt hereby secured qiven by the MORiGAGEE or iri suuesaors or astiyS+s, sMll operal~ ro relcase, d~schar~e, mod~fy chu+ge or atfec~ the wig~nal liab~l;ty of the MORTGAGOR herein, either in whok a in paA. • 10. It is specificalty agrecd thar time is o( the esunce of this contract and tMt no waiver of any obligarion I~ereunder or of ths obliyation ~t cvred hereby shail at any time thereafter be held to be a waiver of the ~erms he~eof o~ of tF?e instrwnent secured herby. 1 t. In add~~~on fo the fo.ego ng monthty payments of princ pa{ and inreres~ required by the promissory -note secured hereby, mwtgagor covenants and agrees to pay ~o mongagee w~th each momhly payrnent an add~c;onal sum esnmated by morrgagee fo be eqval to 1~12 of the annwl cost of the follow- ing: A-All real property taxes levied or asscssed eg+inst the abovt desc~i5ed real estate. • ' ' B-Premiurns on fire ar.d windstorm insurar.ce as here~n requ~red fo be ca~ried on the improverrx~ls siWate on the above desuibed ptemises. C-Pre:n;ums on such mortgnge g~aranty insurar:ce as morrgagee shaif from t:me to time deem fit to carry on the ba~ secured hereby. JNortgagee sha?i f.om time to t~me nctify mcrtgago~ in wr~ting of the amo,r~t due and payeble hereunder and such sum ahall thereupon be due and ~ Fayable o~ the due date of ~he next monthi~ payment and each s~ccessive month thereaiter urtil mortgagee shall notify mongagor of s change in such amount. Such s~ms sFaii be appi~ed 'by mortgagee roward the payment of real property taxes, insurartce prem;ums, and mortgsge anfy insurarxe ~ p~emiums. - ~ I IN WITNESS LYHEREOf, tF~e sa~d MORTGAGOR has hereunto set his hand and seal the day ~nd y r' st esai / ~ Signed, Seated end delivered in the p?esence of: ~ ' ! I t ~0 r Walton B H r s q F - - ; - ~ n - san SiATE OF FLORIDA ~ COUNTY OF St. LtiCl@ ~ ~ ~ Before me personally appeared Walton B_ Harris ,,,d ; Marjorie K. Narris his wife, to me well known and known to me to b~ ` the individuals dexribed in and who executed the foreyoinp inslrument, and acknowtedged before me ihat they executed the same for iF+e pvrposas ~ rF,erein eapressed. And the .a~d- Mar jorie K. Harris ~ ~ rvife of t4e se~d - Wa1tOI1 ~lZ~S vpon ~ s~p~rate •nd privay ~ examination by me taken xparate and apart from F?er said husband, acknowledged to snd befwe rrk that she executed said instrument frael~ and volwr tarily and without any compuision, consuaint, apprehens;on, or fesr of or from her said husband. ~ WITNESS my hand and offic;al seel th~s day of MaY A D. 19 76 ~ . ~J ' ~ Notsry Public in an~ fw t t~te of fbrids at Lsrye ; My Commusion expirei: a. 3 O.~~ Retum To: / First Federal Savings 3 loan Association 3t~~'~.~{.!O Of fo•t Pe:ce. Fo~t Vierce, Florida ' - ~ F ED ~kC +~fC;3RDE0 , ~Lt1~~E ~OWIT~ FLl , a • . ~ ^ ROCER POfTRwf ~ ~ ~ i ~ . , ~ CLERK CIRCUIT COURT ~ . ~ ECOR!? VER1f{ED~.....~...~ " - - This Instrument Prepared By J. H. Imberts J~. " ~ First Federal Savin s 8 Loan Association ~ ` ~ of Fort Pierce ~Flozida 33450 ~j ~ ~S P~1 ` ~ - ~ , . ~ Checked By - ~ t, ~r ~ r; > ~ ~ ~ :t ('A~ ' ~ ~ dz ~ _ _ ~ _