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Home My WebLink About0518 To pl~c~ ~nd contin~ously ka~p on the bul~d~np~ now or Mraafqr ~itv~tt on f~~d i~nd ind on alt puipn~t ~nd pN~onally cov~r~d by ihis A~ort~ p~, with all p~~mivm~ therea? pa~d in full, fire insuranc~ in th~ usv~l uand~id poticy Iwm, in • ~um appro~.d b~ th~ MORiGAGEE, u~d wirKy~wrt~ i~?~w~~c~ in ~h~ usw) wndud pol:cy fam, tn a wm ~pprov~d by ths MORTGAGEE, in avch company w tompa~itt a th~ MORTGAGEE e+ay difKlj and ~11 1'u~ ~nd w~nd~iwm insuranu pol~ciet oa ~ny of sald b~iW~np~, ~ny in~~r~i~ ~h~r~to w par~ tMrwf, te th~ pyrepaa wm ~for~Nid a~ In ~xuu U+a~of, shall contain th~ wwl ~tandud matp~pe~ el~us~ a tiuch otlwr elauN ~s tM Mor~papN may rp~~n. en~W+q tM bu w+da s~id polE , ciy, esch a~d ~very, payabl~ ro~~d MORTGAGEE ~ts imere~t may apps~r, ~nd e~ch and ~v~ryr zuch policy ~MII b~ promptly ~u:pn~d ~nd d~liv~r~d ~o ~ny hsld by said MORTGAGEE a~ lunhsr secv~ity to sa~d matpa~ debt, and, nof I~u 1Mn te~ (10) d~yi in ~dvanu o1 tM ~xptratio~ 04 e~ch policy, to d? liwr to faid MORTGAGEE • rMew~l thtr~of, IopaMr with a nct7pl iw tM premium oi ~uch ?~Mwal; and ther~ ~hall b~ no fi~~ a wi~d~twm inwranc~ pla~d on ~~+y of said buildirq~. ~ny intere~t rM~ain w p~.t th~no/, ~ntes~ in th~ form ~„d wi~h tM loss payabb ~f ~~WfllidJ ~~d in tM ~wnt ~ny wrn of mw»y becoma payabl~ unde~ wch policy a pol~i~s ~a~d MORTGAGEE shall Mw rM opf~on to receiw ~nd ~pply 1M ~am~ on ~cwvnl ot ~h~ ind~bted e+tu Ncwed Mr~by q to pe~mit said MORTGAGORS to rKaiv~ ar~ u~~ il p any part thereof la othe? purposes, v~ri~hput th~reb/ w~ivi~~ a~a~pair• tnp ~ny equity. lie~ w riph~ under or by virtw of this mo:r~sp~; ~nd in tM ~vent sa~d IMORTGAGORS ~MII {or ~ny r~awn (ail to kNp th~ said pr~+n~ia so taw~ed, w f~il b tleliver promptly any of said policiei of ini~r~nc~ ro ~a~d MORTGAGEE, or fail promptly lo pay fully any pr~mium thsr~fw a i~ u?y " r~sp~c~ fail lo patam~, dischuge, ~xecuro, •ffect, compl~t~, comply with ~nd ~bid~ by thU tovenant, a~ny par~ he~~ol, s~id MORTGAGfE may pl~c~ ~nd • pay fa t~ch Msurancs w ~~y pa?t the~eof wi~hout waivinp w affectinp any opYan, Ifen, puity, w ri~ht ~nder w by vinw oi thh Matpa~, ~nd tM full ~novnt of tach and ~vtry wth payment ihall b~ imm~diat~ly dw and pay~bl~ and shall bssr int~rait from tln dat~ tl+ereoF vntil paid N tM rat~ ol nln~ pa ctntum pa~ ~r?num ~nd Iogelher with such inte~esl shall b~ secured by 1M lie~ of this mottp~e. 1. To p~rmit, commit or suHsr no wute, impairment w deterioration of s~id property a W+y part tMr~of. S. To p+y all ~nd slnpul~r tM co~ts, cMryes ~nd exp~nses, inc{udinp a reawnabl~ attorn~y i fe~ +r?d cwts of ab~tractt of titl~, ieKVrr~d p paid a1 ~ny tim~ by said MORTGAGEE, because p i~ tM tvent of tM f~ilwe on tha p~rt of tM ~aid MORTGAGOR 1o duly, promptly aeid fully pKforeq, dischsr9~ ~x~cvte. etfed. complet~, comply with and ~b:de by ~ach ~nd evcry tM st~pul~t~ons: preements, cond~tioro. ~nd oown~nts of Nid p~amissory ~ot~ and ~hii enatQa~ ~ny w ei~he~, and aid cwn, cMrge~ •nd expenus, e~ch and ~very, shall b~ immed~~t~ly dw and p~yablr. wh~tMr or not ~Mn be noric~ dr rrwnd, ~nempt to colled a tuit pendinp~ ~nd the full amoum of each •nd eve~Y tuCh paYmeM sl+~Il b~ar intaresl frpn tM d~tt thereof unHl p~id H the rate oi nin~ per cenrum .~„w~~r, e~~3 •~i ia~d ws1i, cM~yes and expenus incwred or paid, topether with tuch intK~aL ahall b~ s~wrd by /M IiM of this mortyay~. 6. That (a) in th~ event of a~y breach of this Mortfla~ or defsull on fhe part of the MORTGAGOR, a(b) in tl+~ went ~m of s~id tunn of mor»y heran r~ferred to be not promptly_ ~nd fulty paid wi~hin thirty (30} days neal afte~ the sarn~ sev~r~lty betome dut ~nd payablt. withoW d~m~nd or notice, or ~n the ewm each ~nd ~wry the s~ipulations. sgreern~nu, cond~tions ~nd rnwnanrs of sa~d promissory nof~ ~nd th~s mort9ay~ u~y or ~i~ha~ ~re no1 ~uly. p~omptly and fully performed. d~xharped. ~x~cut~d. ~ffected, completed, complied with and abided by, tMn in tit1+K w any such ~vant 1M s~id a~ pre9ate wm mcNioned in said promisswy note thcn remai~inp unpaid, with interest accrutd, and all moneys setvred htrtby. sMll beoo~n~ dw and pay- able fufhwirh, w fheres(rer, ~f the oprion o( iaid MORTGAGEE, aa (ully and corr.piefely ai if all of the said wms of monty wer~ wpin~lly stipuf+ted to bs paid on such day, anything in sa:d promluory note w in this Mo.tyage to the contr~ry notwi~hsu~dinp; snd therwpon or th~r~aiter at tM op~an of •i~d MORTGAGEE, witFw~rt notKe or demand, suit af law a in puity, thcrefore _a thereaiter beyun, m~y be prwecvted a if al) mon~ys Na?r~d hareby had maewed pnor ~o in ins~~wran. 7. That tn tM erent ~hat et the beginning oi a at ~ny time pending any suit upon this ARor~yage, a ro for.clw. H, or to reform H, w fo enfwq payment of any claims herevnder, said MpRTGAGEE shall apply to ths Court having jurisd~ction thereof fw 1h~ ~ppo~ntment of s Receiva, tuch Court iMll Fathwith ~ppoint a recciver of said mortgsged property ap and sin9ular, incl•~d~n~ all and singular t1+~ incoms, prof~ts, issws u~d rweewes from what~ve? souru derivcd, exh and every of whith, it btirg exptcssly understood, is hereby mwtgaged as ~f spec~fic~lly set forth ~nd dewib~d i~ tIM q~~ntinp ~nd habendum clavses hereof, and such Receivcr shall Mve all ths b~oad and effecrive func+~ons and powas in ~~ryrwiie entrvat~d by ~ Co~rt to a Rec~iwr, and such appointmcnt shall be made by ~uch Court as •n ~dmitred cquily end • matter of absolute righl to said MORTGACsEE, a~d without nference ro tl+~ adequacy a inadequ~cy oi the vatue of the property mw~ga9ed or to the wwency a insolvency of s~id MORTGAGOR or the defendanri, and that wch renn, profits, income, iuues ~nd revenues sMtl'be applied by such Receiver accord~n~ to the lien or eqvity of said MORTGAGEE and tht praetice of sucA Courf. 8. To duly, promptly and fully perto?m, dixharge, execute, eifect, complete, comply with and abide by e+ch and ~wry the stipt?latiorq, yr~ntf, cond~tions and covenants ~n u~d promissory note and ~hls mwtgage tet fwth_ 9. Th~t in Ihe event the ownership of the' mortgaged premius, or any part thereof, becomes vtited in a perwn ofher-iMe tM MORTGAGOR, fh~ MORTGAGEE, ifs successors snd auigro, may, without noric~ to the MORTGAOR, deal wirh such ~vcc~swr a wueasor i~ imenst wirh refererKe to this mortgage and the dcbt hereby secured in the same maoner at with Mortgayor withoW in ~ny way vifialiny « d~scha.y~~g tM Morp.pon' liability htr~- under w upon the debt hereby secured. No sale of ~he prnr,~ses hereby mort9aged and no fabeara~ce on ~he p~rt oi ths AAdRTGAGEE w iri successon or assigns and no extension of the t~me fw the peymen~ oi the d~Et heroby secwed giver~ by 1M MORT(IAGEE o? ih succt~son or aap~s, shall operat~ ~o retease, d~xharge, modify chang~ or aHect the wip~nal liability of the MOQTGAGOR herein. ~i~htr in whol~ w in part. 10. It is spec~ficatty ag.eed thst time is of the esxnce of th~s contrac~ snd that no w~ive~ of any obligation herevnder a of fh~ oblip~tion sr cured hereby ~hall ~I any Iime thereafter be held to be a waiver of the terms hereof d of the instrument secured herby. 11. I~ aodition to the forego'ng mo~thly payments of princ pel and intere~t required by the prpniswry no~e secured F~*:~~, rrqrtysgor tpvenantt and agrQes to pay to mortgag~e with exh monthly payment sn addi~ional sum osti~naled by moregagee to be equal to 1/1~ of the an~ual cost oF the follow- ~ng: , A-A!1 real property taxes levicd w assessed agaf~sf the above desuibed real estate. B-Premiums on f~re and windstorm insorar.ce as here~n r~qu~red to be carried on ?he improvements situate on the ~bove desuibed premises. C-Premiums o~ such mwtgage guaranty insura.:ce as mortgagee sha:l irom t~me to time deem fit Io urry on the toan secured hereby. Mwtgagee shall irom time to tirrK notify mortgagor in writ~ng of tfie amount d~e and psy~ble hereunder ~nd iuth wm shall therevpwt be dua ~nd payaWe on the due date of the rxxt monthiy payment and each successive month thereafter ur.til mortyagee shall notify mortgago~ of a change in such amount. Such sums shall be applied by mortqagee toward the payment of real property taxes, imurance prem:ums, and mortgsge yusranty inwrance i p~cmiums. ; IN WITNf55 WNfREOF, the said MORTGAGOR has hercunto set his hand and scal the dey and year fi afores~id. i ~ Siyned, Sealed and de~ivcred in the presence of: ~ 1 , ~ F11E0 A!10 kEC0R0E0 ~n f _ _ ST.lUC1E COUNTY fLA. Llo d lor ROCER P41tRAS \ ~ ~ - ~~EFK C~RCVIT COURT~ lotilde F. Taylo ~ ; RfC~PC vER;F!FD..~..~+ ~ ~ STATE Of,FIORIDA , p ~ couNnr oF $t • Lucie ~ ss.~ll 3 3 ~a t H~76 ~ 33653'7 l.lo a Ta lor ~ Before me personally appea~ed Y Y ~ - C10L 11dE F Taylor hii wife, to me well known end kno~rn to me fo b~ c the individwli desuibed i~ and who executed the foregoiny i~strurtMnt, ~nd acknowled~ed before me that tMy ~:eated the same for tM purposes ~ Clotilde F. Ta lor therein e:pressed. And the said y ~ Llo ?a wile of iF+~ said Ya Y10r vpon a separste and priv~» ~ exun~nation by me taken sepsrale and aparf from her said hvsband, stkrawledged to snd before me that she exetuted said instrumtnt freely u~d volw~- ~ tarily and withoui •ny compulsan, constraint, apprehenin 1/, ot fear of w from her said husband. WITNESS my hand and officia+ seal this x! 7~~1. dsy of Ma p, ~q 76 " ~ ' n Notary Public in and fa the ate of f af Larp~ ~ Retum To: My Comm~ssion •xpires: ~~~G _ /q/) ~ a - Fint federal Savingf a loan Associat~on ~ Of iort P:erce. . s fort P~erce, Ftorida ~ . ' . ' . . ~ , ~r, t . : i This tnstrument Prepared By John W. Collins ' p First Federal Savings 8~ Loan Association V~~ i ~ of Fort Pierce~ F 1 ot i da _ - ~ ~ Checked By t - • , ' ~ - ~ . i - `~!~t ~~J F1~C~ ~ . i E ~~8 ~ i ' i rv~ • ~ b ~SF ~ ~ . . _ . _ . - . - - ~ - ~ _