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Home My WebLink About0610 To plsca and cav~nuously keep o~ the bu~'J~ngs ~ow w Mreafter •~twt~ on ~aid I~nd and on ~U eq~ipmeel ~nd ptrw~ally cover~d by thi~ mat~ p~, wilh ali pr~tm~um~ ihmeof~ pa~J m f~l1, fire insur~nce m ~he uwal ~~~~xJard poGty Iwm, in • wm ~ppruv~d by ths lNOR~GAGEE. ~nd w~nd~lam insuranc~ ie? IM us~sl •~enJ~rd pol~cy fo+m, in • s~m app~oyed 'ny ~M MORTGAGEE, in such comp~ny w canpaniet ai tM MORTGAGEE may di~~ctJ aed dl (ire and w~od~~orm inwronce pol~cie~ on any o! ss~d buiid~np~,. ~ny imer~st tl?srein w pa~t tMr~oi, in ~h~ apqrey~~~ wm da~s~id w in ~aces~ thereot, shaU contain the ~aual ~~~ndard mongay~~ ctauie a such other tlau~~ ~s tM Mortpaye~ may requu~. ma~irp th~ to~~ vnda ~~d po1F cief, eah ~nd evtry, payable to said MORTGAGEE as ~ts intrre~t m~y ~ppe~r, and e~ch arx) every ~vch pol~cy ~h~ll b~ promptly a~f.9~ed ~~d dt~iv~r~d fo ~ny held bY said M~RiGAGEE u(unher ~ccur~ty ~o a~d mo~toaos debl. •nd, no1 b~~ tiun ~~r. 1101 diw :n adwnr~ t+l du ~¦p'u~fion of ~uA pel:cy, to d~ liwr to s~id MORTGAGEE a renew~~ thereof, ~o9ethe~ wiih a rece~pl for Ihs premium oi ~uch r~new~l; and the~t ~hall b~ no iu~ or wind~torm in~ur~nt~ ' pl~ced on ~ny of ~sid build~ngs, any intere~t there~n or part theroof, unless in the fonn and w~th tM loi~ payabl~ ~s afor~said; u+d i~ th~ •v~nt any sum ol mon~y (,ecomei pay~ble unde~ soch poticy w pol~cie~ ~aid MORTGAGEE ihall hava ~he op~~on w receiva ~nd spply Ihs sam~ on account of the ind~b~sd- neu setured hereby a ro permit said MORTGAGORS to receive and use it or any par~ thereof for other puiposeti without Ihreb~ waivu~g or unpair- inp a~y pu~ty, lien or right undr w by vinue of this mo~tgage; and in tM event ia~d MORTGAGORS shall fo~ a~y ~eason f~il to keep the ~aid pr~mi~ so insured, or fsil fo de~iver promptly any of iaid pol~cies o1 in~urancs to sa~d MORIGAGEE, or fail promptly to p~y lully any premium therefo~ p in any ~ r~ipect tail ro perf«m, discharga, executa, effect, con~ptete, covnply wi~h and ab~de by ihes covenanl, a any part Mreof, ssid MORTGAGEE may pl~~e •rd p~y iw suth insurance or sny part thercof wi~hou? waiving or al(ettinq any pption, lien, equity, o~ right unde~ ot by virtw o1 th;~ Mortg~ye, and tht full amoum of each and svery s~ch payment shell be ~mmediatety dve and psyable and sMll bear interest frun tM date thereof un~il paid ~t iM rate ot nine per centum pe~ annum and toge~hei with tuch inter~st shall tx srcu~ed by the liert o( this mwtgage. ' 4. To permit, tommit or suffer no waste, impairment w deteriorafion of said property w any parl therwf. _ S. To pay all s~d singul~~ tFK costs, cMrget •nd e~penscs, including a reasonabla af~aney's fee +nd coits of ~bs~r~cts of fitle, incur~ed a paid a~ any time by wid MORTGAGfE, because w in the event of the failure on ?he parl of 1M •aid MORTGAGOR to duly, promptly •nd futly pa~fam, d~xhar9~; e~etute, e(fect, cornptete, coniply w~:h and ab;de by each a~ every the stipulstron~, sgreements, condit~ons, e~d covenanti oi said promisswy note and thi~ mwtgpe any w e~ther, and ss:d cosb, charges and expenses, each and every, shatl be immediately due and payabte; whe~her a nof ther~ b~ notics dr msnd, attempt to co~lect o~ s~if pend~rgj artd the full amouM of t~cb a~d every such payment shall bear interest irpn the dah thereof until p~id ~t the rate of ni~ per cenwm per anuu:n; and all said costt, cha~ges and eapznses incurred o? pairl, together wdh such interesl, t!?all b~ tetured by 1hs li~n of thil mortpapt. 6. That (a) in rha avenl of any breach of this Matgage or defaul~ on ~he part of the MORTGAGOR, o? (b) in the ~ve~t •rryr of uid sums of mwwy herein re(ared lo be not promptly and fully paid wi~hi~ ih~.ry t30) days ~ex~ after the same severa~ly become due and p~ysble, withput dem~nd or notite, ur (c) in fM event esch and evcry the stJpu~a~io~s, agreemen~s, wn~cf~or,s and covenanb of sa.d promisso.y note and th~i mortppe ~ny w either ar~ nol ~uly, promptly and fully performed, dzscharged, execu~rd, effected, completcd, tompl~ed with •nd ab~ded by, then in either a any iuch ~vtnt tM a~d gregat~ wm mentio~ed in said prom~ssory note then re~r.aining unpa~d, with ime~est acaued, and a~I moneys secured hereby, ihall become due and pay- abte forthwith, w thereafrer, at thr opr~on of sa~d MORTGAGEE. as fuily and complete~y as if all of the said sums of money were uiginally st~pulatcd to be pa~d on such day, a~ything aa~d pro~mssory note or in thia Mwtgagr ro the convary notwithstandhig; and tfiereupon w tberesftN at Ihe option of said MORTGAGEE, w~thout no~~ce or demand, suit at laar or in equdy, ~hereiore w thereafter bcgun, may be prosecuted as if all moneys secured M~eby nad mawred pr~w to ~ts insGt~hon. 7. Thst in the event thaf at the beginn~ng of or at any time pend;ng any su~t upon thia Mo~tgage, w to foreclose if, a to refam it, a to enfwu payment of sny claima hereunder, said htORTGAGEE s1+a11 apply to the Court hav~ng ~un~d.ct;on ihereo} for the appointment of a Receiver, such Covrt shall forthwith appo~nl a receive~ 01 said mortgaged property a!I and singuler, includ,ng al1 and suv~u~a~ 1he income, pro~its, issues •nd revenves irom whatever source de~ived, each and every of wh:ch, it being exp~ess~y understood, is hereby mortgaged af if spec~iically ut forth and deKribed in /he yanting and habrndum clavus hereof, and such Receiver aha11 have all the broad and effec~~ve (unct•ons and powers in anywise entrusted by ~ Court to • Receiver, •rsd s~.ch appointmem shalt be made by ~uch tour~ as an admitte~d eq~ity and a matter of a6sotute nght lo said MORTGAGEE, ~nd wiihouf ro~erence ro tF~ edequacy a inadequacy of the vatue of the properey mo:~gaged or to the so~vency or msoi~ency oi said MORi(',AGpR p the deftndanri, and that such rents, profits, income, issves a~d revenves shall be appiied by such Receiver accord~ng to Ihe lien w equity of taid MORTGAGEE and the practic~ 01 wch Court. 8. To du!y, promptly and futly perform, d~scharge, exccute, ei(ect, compfe~e, comply w~th and abide by each end every the atipulations, agreemeori. cond~tans and covenany ~n sa~d promissory note and this mwtgage set iwth. 9. That in the event the ownc~ship o( ?he mortgaged pre~~ises, or any part thereof, becomes vested in a person other fhan fhe MORTGAGOR, th~ ti'ORiGAGEE, its successo~s and assigns, may, wrt!~o~t norece to the MORTGA02, deal w~ih wch s~cceasw a successor in interest with reference to this mortgage and the debt hereby secured in the same mar,n¢r as w~th Morrgagor withput in ~ny way vitiating p dixharging the Mortgagor3' liability hera ~nder a upon the deb~ hereby secured. No sale ol tAe Fremises hereby morlgaged and no forbeara~ce on the part ol the MORTGAGEE a its tuccessors o. assgns and no extens~on of tht time for the payment of tr~e debt hereby secured yiven by th~ MQRTGAGEE w Ns sucetsaors M sssiyns, shall operat~ ro release, d:scharge, modify chenge or afiect the or~ginal liao~;:t~ of ~he IYtORTGAGOR herein, either in whole w in part. 10. It is spec~ficatly agreed ~hat. time is of the essence of th~s comract and that no weive~ of any obliflation hereuoder pr,of th~ obligatioo te- cured hereby ana11 at any tims thereafter be hetd to be a waiver of the terms hcreof a of the ihstrumeM secvred hpby. I1. tn a~d.~,o~ ro the iorego'n~ mon~hty paymen+s of princ pal and imerest rcquired by thc promtswry no~e secured hereby, mortgagor covenants and ag~ees ro pay ro mortgayee v~~~h eecn momh!y-par~.:em an add~r~onal sum est~n,ated 'oy mwtgagee to be equal to 1%12 of the annual cost of the follow- ing: A-Ail real property ta,ces len-d or assessed aga~•,st tf,e.above described real esrate. ~ B-Pr_n:~ums on tire aad w~ndz~orm ~nsurar~e as bere~n requ.red to be ca~ried on the ~mpro~eme;US situate on the above desvi~d ptem~ses. C-Premi~..:s on wch m.ongage guaranty ir.svrar:ce as mortgagee shall ho~r. t,me to time drem fit to tarry on the ban secured fxrcby. ~ Mortgagee sfia~t frcm nme to f;rne not~fY mortg,gor m,Nr~~mg of the amo.~~t due and payabte hereunder and such sum ihal! thereupon be due and i ~.yable on the due date of rhe nexr monrhly payfienl e~d ea<h successive month rRereaiter ur.ti! mortgagee shall noti4y morigagor of a change in such ~-•oum. Such sums shail be ap~,iied by mo.tga.ee iowa~d the payme~t of reai p.operty taxes, insurance prem:ums, and mortgage guaranfy insurance ~ premiums. . - , ~ IN Y/ITNE55 YlNEREOF, tne said MORTGAGOR has hereunto xt his hand ar.d seal the day and year first aforesaid. ` Signed, $ealed and detivered in the presence of: i ~ _ f!~EO AwG AEC4aoEO ~ ~t ~J~` ~T. ~tlClE C?!!1!*i~ fLl~. ~ ~z .~5~~,^, ~ AOGEl1 FO~TR45 Earl B. White ~ ~ . . CCERK C~RCUtTC0U11T \ l, ~'n ~FCt,ao v~r:.~~E~~..._.. - ~ . ~ ~ ~ - cse+n ~ witness: L~t~~ c~ c=s L Maztha R.. White STATE OP FLORI~A - ~ 7 IO ~O - COUNTY OF $t . Lucie ~ ~ 3UV 'ljll4 ~ Before me personally appeared _____~ZZ E. ~1~tQ ~ _ Martha F. ~11t@ - his wife, to me wefl known and known to me to be ~he individusls described in end who exetuted the foregoing instrument, and acknowlcdged before me tF~at they executed the same iw the purpoxs ~ therein exp~eased. And the said__- _~aYtha F. {~lte ~ w~fe oF the ~aid _ E3Z1 White opon a sepsrate ~nd pr'nat~ ~ examination by me ta4en separate and apart from her said husband, acknowledged to and betwe me that she executed said instrument freely and volurr ~ ~ar~ly and ~~r~thout any cornpul~ien, constiaint, apprehem~lon7, ar of or irom her said husband. ~ WITNfSS my hand end offic~a~ seal th~s-_-----,~~ day oi Ma A. D. 19 76 r ` ~ ~ - ' ~ ~ i Notary Pvbl~c in ~nd for tha State of Flwid~ af L+ry~ ~ My Comm~ssion expires: R Return To: ` `?J : = S First federai Savings d. loan Associar,on L•- g ' r Of FUt P:c~:cc r r•...~.~ qt Sara~ . - . " H~'a•~' Pd 1 r_ ~.a•~ ~ - ~ Fort Paerce, Flcrvda ~ - -r ~ r ~ , . . _ i ~ . . . c' ~ , ~ , .F . . ' .~f Z~. ".1 ~ _ . " _ ~ This Instrument Prepared By J~ H. Roberts Jr. ~ ~ First Federal Savings & loan Association . , , , _ • . of Fort Pierce - ~ ~ ~•r ~ ~3 ~ Checked By f.~~--------- t PAG~ ~~~O ~ ~ i~ • Ys :W ~ ~Z ~ g~~ ~ ' . - - " - - _ . _ - - ;p ~_xt.w _ . ~ _ _ . . - _..~~^.E'~