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Home My WebLink About0512 . 1. To plx~ u~d comirwo~sly kNp on tM bu~?dinps now a ha~ai~N si~w~~ a+ ?a~d I~nd u~d on all ~qu~pm~nt ~nd p~rw~~lly cavN~d by Ihi~ mort~ p~, with all premivms ~hereon pa~d io tull, fir~ iniu~~nc~ ~n ~M uw~l ~undard po~Ky lorm, in a wm approv~d by tM MORTGAGEE, ~nd winduwm i~twu+ct M tM ~swl suncla~d pol,cy lam, in a ~um •pprov~d by tM MORTGAGEE, in wch tomp~ny w compu~i~f a tM MORTGAGEE ~nay dinctl and •II fG~ ~nd w~~orm in~uranc~ policih on anY ol wid build~~+p~. ~ny i~t~~~N IMr~in w part tMrw1. in tM ~ppnyat~ sum afp~said w In ~xcea~ IMreo/, ~hall contain tM uiwl panda~d mo.~ppN ciauw a ~uch ot1+N clauN ~s tM Mortya~ m~y rpuu~. matinp ~M loa ~~da ~~~d po14 cia, each ~nd ~vNy. paY~bl~ to uid MORTGAGEE a~ ~~s in~e~est may ~ppNr. ano ~xh and ~wry wch policy shall b~ prompHy u~•pned and d~liv~r~d to ~ny Mld by s~id MOR(GAGEE ~a fur~hor ucvrity to said ma~~a~e dtbt, ~nd, no~ I~u thae t~n (10I d~ys In advanc~ of tf+~ ~xptration of e~ch polky; ro dr IivN w pid MORTGAGEE a ~enew~l tMr~of, Iop~~hN with • r~c~ip1 fw the p~«niwn oi ~uch r~newal; ~nd ~Mr~ ~hall b~ no fir~ a windstare k?svru+c~ pl~ced on ~ny of said build~np~. ~ny ime~e~t tMrtie w part IM~wf, unt~ss in ~M iam ~nd wi~h tM loss payabl~ a~ ~fw~uid~ ~nd i~ tM ~wat ~ny wen of money beconws payable und~r such poliq or polici~~ uid MORTGAGEE sMll havs tM op~~on w receiw and ~pp1y tFN MnN Of~ KCOVnI OI tM k+d~b~ed~ , r»s~ secu~ed htrsby ot b permit Nid NWRTGAGORS ro reteiw and u~ it a any par~ itx+eof for o~her purpoass. wi~hout thaeb~ waivinp a~mp+ir- ' inp any pu~ty, lien or ri9h~ w~da a by virtw of thi~ mortyapr, ~+d in tM event ~a~d MORTGAGORS tMll fp ~ny n~son f~il to ke~p the said prNnises so t~sured, o? t~il ro d~liver pranptty any ol taid polities of iraurant~ to s~id MORTGAGEE, o~ 1+i1 promptly fo pay fully a~y premivm tM~~lp a in ~ny r~sp~ct fail b pNfam, dischugs. ~xecu% effM. compktt. comply with and ~bicb by Ihis towna~t, a~ny part hsrwf, s~id MORTGAGEE m+y piac~ ~nd - paY (w wch i~w~anc~ o~ any parl thNeof wittaur w~tvinp o~ aifedi~p ~ny option, li~e, ~qvity. w rphf unda w by virtw of thi~ Mort~p~, and the - fvll arnount of tach and ~wry avch payment ~hall b~ ~mmed~at~ly dw and p~yaD1~ ~nd ~MII bw i~t~~est from tM date th~reof vntil paid a~ tM rat~ ol nin~ pN cs~tum pM ~nrwm and lofletMr wifh ~uth interest shall be secured by th~ lisn of this mort9sq~. I. To permit, tommit w wi(~r no waste, imp~irment p deterior~t~on of iaid property p any part ther~oi. ~ 5. To pay all and sinpulu tM cwb, cMrpN and ~apenses, incl~rdi~p a re~wnabl~ anomey i ie~ a~d costs of ~bsttacts of titl~. incur.ed a pald a~ : ~ny lime by said 1MORTGAGfE, because a in the ~vMt of the failu~e on the put of th~ taid MORTGAGOR b duly, p~omptly and fully pKtorm, d'achu9~, } execvte, sffect, compleq, comply w~th snd ab'dw by each ~rxl every the slipula~ions, preemenes, c+onditions, ud covenar+tt ot taid promiisory eaq and ~hi~ monpa~ u?y o: e~~her. ~nd sa~d cwn. chuQes ~nd expenses. euh and every. sMll b~ immedi~tety dw ard p~yabl~: whether p not tM.~ b~ no~iu ds ! mand, attempt to collect or wit pend~ng: «+d the full amovnt of each and every ~uch p+ymem ~MII bear iMerest fran tlw da~ N+ereof w+til paid N tM rate ot nine per centum per an~ium; and aU :aid cosu, char9es ~nd eapenses incwred w paid, together w~th ~uch imtrsst, ahall b savred by the IiN? of t!w matyp~. 6. Th~t (s) in the rvenl of a~y brcach of this Matpap~ or default on the part of the MORTGAGOR, or (b) i~ ~M weM ~ny of wid swru of morKy hcreln r~fe~r~d to b~ nW prompNy snd fvlly paid within thirty (30) days ~e:1 after the ssme t~verally become dw ~nd payabN. without d~rtwnd o? notite, j or in tht svent each ~nd ~very (he ~tipula~ions, agr~amantt, conditions ~nd covenants of si~d p~omiuwy nott end tFws matpp~ any p ~ither ar~ no1 iuly, p?omptly and fuily porformed, d;xharyed. eaecutad, effected. completed, compl~ed w~th and ~bided 'ay. Ihe~ in eithe~ a ~nr ~uch ~wnl 1M uid +p~ pre9~te wm mentioned in iaid promissory nots then remaining unpa;d. with inta~st accrued, and all mo~eys set~red htreby. ~h+!: .`.r-w:-.~ ~~_r_ abk {wthwith, w thereaf~e~, st the opt~o~ oi said MORTGAGEE, as fully and canpletely aa i( •II of the said tums of mon~y wert oriyinally stipulated to b~ pa~d on such day, anything in sa~d p?an~ssory note w i~ th~s Mortyagr to the con~ra~y notwithstandirg; and there~pon w therea~tN a~ tM op~ion of said MORTGAGEE, without,notice a demand, suit at Iaw a in equity, therefore w thereaiter beyun, may be prosecuted u if ~II rran~ys tetw~d hatby had matwed pnw to ~n institurwn. 7. That in the eve~l that ar the beginn~ny of w at any time pendinp any auit upon this Mwtyage, w ro fo.eclos. H, or fo reform it, or fo ~nforu payment of any claims herevnder, said MORTGAGEE shall apply to the Court haviny jurlsd~aion thereof iw th~ appwntment of ~ R~teive~, wch Gowt shall forthwith appoint a reteive~ of said mwtgaged propMy a!I and :inyular, includ~~g alt and sin9ul~r Ihe incom~, profin, iuws ~~+d rev~oves f~om whatwer source darived, eath and erery of which, it b~in~ expressiy understood, is he~eby mortgaged u if spetifically ~tt forth ~nd dtWibad 61 tht yraMinp and habendum d~uses hereof, ~nd such Rcceiver thatl have ~tl the broad and effect~ve fu~cnons and powers in anywise entrvsted by a Cowt ro a Receiva, ~nd •~ch sppantment shsll be made by such Cw,rt st an admitted eqoity and a m+ver of absolute r~ght to said MORTGAGEE, ~nd without r~ferenc~ fo th~ adequacy or inadequxy of the wlue of the properry mo.tgs9ed or to the sosvency or ~~solvency of s~~d MORTGAGOR p tM defendann, ~~d that such ~ents, profin, incorne, iuuez and •±svenu~s shaU be applied by suth Reteiver accord~ng to the lisn or eQuity of uid MORTGAGEE and the practiu of suth Court. . 8. To duly, promptty and fully perform, discharpe, execute, effect, comptete, comply with and abide br wth snd wery ths stipulations, aqreemenlt, condit;ons and covenaros ~n said promissory note and this mor?gage set fath_ 9_ That in the event the ownerahip of the mortgaged premises, or any part thereof, becomes veiTed in a perwn other than the MORTGAGOR, fh~ MORTGAGEE, it~ s~,ccessors and ass~gns, may, wirhout notice to the MORTGAOR, deal wi~h such succetaor or avccessor in interest wi~h refere~ce to this mortgsge and the debt he~eby secured in the same msnner as with Mortg~gor without in any way viti~tinp w dKh+rqirg the Mortyayws' ii~bility hsrt under w upon the deb~ hereby secured. No ssle of the premises I+ereby mwtgsged and no ~orbearante on the part of the MORTGAGEE w its wttesson w+ss~gns and no cxre~s~on of the time fw tF» paymem of the d~bt heraby sec~xed given by the MORTGAGfE w its successon w ass~gna, ahall operaq ro rNease, d~schar9e, mod~fy char+ge a affect the orig~nal liab~l~ty of the /AORiGAGOR hsr~iry ~ithsr in whok a in put. 10_ It is spec~Iically agreed that time is of the esunce of this contract and thal no w~iver of ~ny obl'~gat~on hereunder or of the oblip~tion ss- cured her~br shalf at any time thercafter be held to be a waiver of the terma hereof oi oi the instrumeM secured herby. 11. In add.tio~ to the iaego'rx~ monthty paymenrs of princ'pal and interest required by fhe promiuory note secured hereby, mottgsgor covenants ' and agrees to pay ro mortgagee with each monthly.pay~nent an add~rionsl sum esr~mated by mortgagee to be equal to 1%12 of the annwl cost of the fdlow- 'ng: A-All real property bxes levied w.assessed against the above dex~bed real qtate. - B-Prem~ums on lire and w~nds~wm ~nsu~ar.ce as ke~ein requ~red to be carried o~ the improvements sltuate on the above deacribed premises_ L-Premivms on such mwtgage gua.anty insurar.~e as mo~tgagee shall from t;me to time deem fit to u?ry on the loan secured F?ereby. Mortgager shatl from rimc to time norify mwTgagor in writing of the amount dv! and payable hereunder and tuch sum thal) ther~upon be due and Fayab~e on the due date of the next monthly payment and each svccessive month tlxreafter until mwtgagee sha11 notify mortgagor of s chanpe in suth ' a~ount. Soch sums shail be applied by mo~tgagee toward the payment of real property tazes, insurance prem:ums, and mo?tgsye gusranfy inwrance ~ premivms. ~ IN WITNESS WHERfOF, the said MORTGAGOR has hereunto set his hand and seal the day and yesr first aforesaid. ~ Si9~d. Sealed and deliv~red in the presence of: ~ Fi~EO ~wu aECOSOEO ~ ~ ' ST.lUC1E COUMTY FLA. {~1i ed J.' S onds ' ~ - ~ ~ ~OGEP FOITRAS j ~ ~ ' CIERK CI:~CJIT COUAT ~ ` ~ pFC~'RD VFP~FIEa~~ F - Florence A. S nds ~ ~ STATE OF FLORIDA ~ 3 os PH'~~ ~ couNn F ~t . Luc ie ~ ~ ° 336534 ~ Befw! me pe~sonally ~ppeared W i lf r ed J• S~OII d5 ~ Florence A. S]ISO11dS his wife, to me well k~own +nd known to me to b~ ~ rhe individvals described in and who executed the foreyany instrument, and ackrawledged before me that tF~ey txecuted the same for tM pwposes ~rx.~;~ ~x~?hxd. n„a r~ ~~a Florence A. Synonds W i lf r ed J S on d s „p,,, ,,~,,,Te ~ wife of th~ taid - • ~ examinat~on by me taken aeparate and apart from her said husbsnd, acknowledged to and befwe me that she executed said instrument freely and volue~ 3 ranly and w~Ihout any compufsion, constrair.t, appreF+ens~on, w fear of or from her sa'v! husband. " 76 ~ WITNESS my hand and oificial seal this__~i/~~. day of 'J~Q A. D. 19 'a ~ - ~ " - ~ ~ C ? Notary PvbIK in and for t Stat~ Florida at l~rp~ ; Retum To: ' My Comm~ssioe eapires: " ~ ~ ~ ~Q i y 7y # First federa~ Savings 3 loan Associet~on ' Of iort P e•e?. ~ Fort P~erce. FloriJa : ~ ' , , ~t . ~ ..v ' = This Instrument Prepared By Donald B. Hughes ' ~ `J ' = First Federal Savings 8 loan Association '=-c. ~ •4.. ' ? . of Fort Pierce , Rlor ida. - * . ~ y ' ~ " I ~ Checked By ^ ; • • ~ • 4 ~ . ~ :~,253 F~~:f 5~2 ~ ~ i : ~~p_ _ ~?F~ a , _ . _ _