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Home My WebLink About0912 . :,~r~~ i1:~ J. To plau •nd con~~~va,sly ke~p on the buitdings now a Mrs~ftN sitw~~ on u~d I~nd u~d on all equipmen~ ~nd pawn~lly covK~d by this mwtg p~, with all premeums thcrcon pa~d in full, fire insu~~nce i~ tlx usual standerd policy fwm, in •~um approv~d by IM MORTGAGEE. ~nd wi++dato~m tnw~~nc~ in tM u~wl ~iandard polKy fo.m, in • wm approv~d by ~h~ MORiGAGEE, i~ iuch compa~y or companies ~s ~h~ MORTGAGEE enay dinctj and all ti~~ and wind~rorm insuranc~ po1K~~~ o~ ~ny oi iaid kwild~nps, ~ny Inqr~s~ tMnin a p~rt IMrwf, in tM pprepat~ ~um afa~~akl w In ~xctts ~hereof, shall conuin ~M ~swl ~undard mw~pa9N cl~us~ o~ such o~F?K dauN ~M Mor~paqe~ may rpuu~, makinp tM lou u~de~ Nid poll~ ciH, ~ach ~nd ~vKy, payabl~ ro s~ed MORTGAGEE as tn in~e~est may app~ar, ~nd ~ach and ~very ~~ch pol~cy ~Mlt b~ promptly ~a.y~d and dslivK~d ~o •ny held by s~id MORTGAGEE as iurthe~ security lo s~id morl9~y~ dabt. ~nd, not leu than fsn (10) day~ i~ ~dvanc~ of IM ~xpiration of ~~ch policy, to dr irvN w a~d Mt~Ri(;ni,EE • renewa~ thereof, tope~ner w~th • race~pt fa the prxnwm of tvch renewal; ana fner~ shaU be no iwt a wuw~~orm ~nt~r~nc~ pl~c~d on ~ny of uW b~ildings, +ny lnter~st tMrsin o~ part iF~wf, unte~s in th~ fo~m ~nd with IM lou pay~blt i~ ~fO~y~~J ud tn fl+t ~v~M ~ny wm of mway becomes payable under such poliq w polKi~s iaid MORTGAGEE sMll h~w tF~ opr~on a receiv~ and apply tM same on +uo~++1 ot rM ind~bt~d rru secured hereby a ro perm~i u~d MORtGAGORS w ~euiv and uH it or any parl tAereo( fa other pu~posas, wi~hout Ihereb~ weivinp a~mpai~- inp any pv~y, lien p riflht under or by virtw ol fhii mortpape; and In th~ ~v~t sa~d MORTGAGORS thall fw any reason tai) ro keep th~ s~id prtmiut w in~u~rd. a fail 1o delive~ promptly ~mr of satd policies of intiurance to said AIORTGAGEE, w lail promptly to pay fulty any premium therefa a i~ any rs~pact fail b per(am, discharge, executs, effect, complets, comp~y wirh and ~bid~ by this eov~nant, a any part Mrwf, uid MORTGAGEE may plac~ and j;~y ictr s~ei~ ir.Wranea w any p~ri inFraoi wi~noui viaivulp a siiteiinp sny o~~ior?. iirrn, aquily, w r~giH Ur~Obr d+ by Yiiiui bi ii+if iiRbfl;ji~~, i+se! int full amouro of each and evay ~uch p~yment shall be immediately dw and pay~bl~ ~nd ~MII bear i~t~reit irom th~ det~ thereof umil paid at tM r~t~ ol nine pe~ centum ps~ ~nnum ~nd togethe~ wifh such inte~e~? sh~ll be secured by ths li+n of this mortyag~. To psrmit, commit w suifa no wsste, impairment o~ dete+ioration oi s~id property ot ~~y p~rt tMreof. 5. To p~y all and sinpulu ths cos~~, charye~ and expensea, includinp a re~sonabk ano~n~y'~ it~ and cosn of abstracM oi titl~, incv?red u paid at any time by wid MORTGAGEE, because a in ths ~vsnt of Ihs (ailure on ~hs part o( IM said MORTGAGOR ro duly, promptly ~nd futly p~rforen, dueF~arpa execufs, effect, comple~e, comply with and ~b:de by each ~nd every the stip~Is~~oru, ayreememi, condi~ioru, ~nd eovenann oi s~id promisw~y note and thw mwtyap~ any o~ eithe~, and said costs, chargea +nd ~xpenses, each and ~very. sMll bi Immediately dve and p~yablt: wMthe~ a not ther~ b~ ratic~ d~ mand, attempt to mlled or wit pend~ng; ~nd Ih~ full amouM of each and evsry such payment thall bea~ interest fram Ihe dat~ thereof ~ntil p~id H tM rate of ~ine per centum per annum; and sll said costs, chary~s ~nd e:penses inturred or paid, tog~ther wdh such intt~~tf, thal) b~ sKU~~d by the lieo of th:~ mort9aQ~. 6. That (a) in the evem of ~ny brexh of thit Mo.tgaye w defaull on the part of the MORiGAGQR, a(b) in the ~ve~t any of said wms of mon~y herein referred to bs not promptly and fully psid within th~rty (30) days ~ex1 afto~ the same sever~lly becafie due and payabl~, without dtmind or noY~, or (cj in the event exh and tvery tt~e sripulations, agreements, cond~tions and cwenants of sa;d promiswry not~ and M~i malpap~ any o? ~itMr an nd iuly, promptly and fully performed. d~xhar~ed, executed, effetted. comp~~ted, compl~ed wi~h and abided !y, tM~+ in eithe? w any wch wtM tM s~id aP ( yregatt wm mentaned in uid prom~:say note then remaining unpa~d, with imeroit accrued. and all moneyt sscured he~eby, shall b~comt dw a~d pay- ~ eble (orthwith, w thereaftcr, at tAe opr~on of said MORTGAGEE, ~s (ully and completety as i( all of the sa~d sums of mo~ey were oripin~lfy ttipubted ' to be paid on such day, anythinp in sald prom~ssory note a in thia Mortyage to the con?r~.y no~withatanding; and thereupon w thereafta ~M op~an of ~ said MORTGAGEE, without norite w demand, svit at law a i~ equily, therefore w thercaite~ kxgun, may be prosecuted u if ~II monays s~cur~d hertby I hed matured pnw lo ~~s ins~~tu~ion. i 7, That in tF?e event that at !he beginning of a st any tirt+~ pending any suit upon this Mortgag~, or fo fotetlof~ it, Or t0 ?eform M, w to enforp ' payment of any tlaims hc+eu~de?, said MORTGAGEE sh~fl apply ro the Cov~t h~ving jurisd~ct~on thereol fo~ the appointment of ~ Rettiver, suth Cowt sh~il ' Fwlhwilh appoint a receiver of said mort9aged properlY all snd aingula~, includmg all and singul~? the income. profiK, iuws and ravMVes irom whafever ~ source derived, esth and every of which, it being eapressly understood, is hereby mortgaged as if spetifitally tet fath ~nd deWibed in tM pranting and habendum clauus hercof, and such Rcceiver shall F~ave all the brwd and efFecr~ve funct~ons and poweri in anywise tntru~ted by a Covrl to ~ Receiver, ~nd •uch appoinrment shall be made by such Court ss an admitted. equ~ty and a ma~ter oi absolute ~ight to uid MORTGAGEE, and without refercnte ro 11+~ adequscy w insdeqwty of the value of the properry morfgagcd or to the so~vency or insolvency of said MORTGAGOR a the defendantt, and IMt such renes, profits, irxorne, issues and revenues shatl be appJied by such Reteiver according to the lien or equity of said MORTGAGEE and ths p~actit~ of suth Court. 8. To duty, promptty ar+d fully perform, discha.ge, execute, effect, complere, compty with and ab'~de by each and every th~ stipulatiau, aynsmenfs, condit'qns and covenants i~ sa~d promissory note and ~h~s mortgage set forth. 9. That in the event the ownership of the moregaged premises, w any pa?t thereof, becomes ve~ted in a penon other fMn tht MORiGAGOR, tFn MORTGAGEE, its successors and assigns, may, wi~hout notice to the MORTGAOR, deal with such succeuw a successor in interest with reference fo this mortgage and the debt hereby secur~d in the same ma~ner as with Mo~igagor without in any way viliatinp or dis~harging 1he Mo?~9s~ori' li~bility 1?trr under or upon the debt hereby sec~red. No sale o( the p~emius hereby mortgaged and no fwbearance on tt?e pa~t oi tF~e MORTGAGEE ot iq ~uccessws or assigns and :w extens~on of the tlme for the paymero of the debt hereby secured yiven by the MORTGAGEE or iri ~uccesson a euiyM, ~hall opKat~ i ~o rel~ass, d~uharge, rtwdify thange w aftett the original liab~l;ty of ~he MORTGAGOR her~iq either in whok or (n parf. ~ 10. It is specificatly agreed that time is oi the essence of this contran and that no waive~ of ~ny obJi~atan hereuoder or of th~ oblip~fion ~ ~ cured hereby shall at any time thereaftet be held to be s waiver of the terms hereof or of the instrurtKnt secwed herby. _ 11. In add~tion to tMe fwego:ng monfhly payments of pr~nc'pal and interest requ~red by the prom~swry note secured hereby, mortgagor coven~nri ' and agrees to pay lo mo:lgagee with each moofhly paymem an addi~ional aum esumated by mortgagee to be equ~l to 1~12 of the ~nnwl tost of fhe follow- t inq: ~ A-All real p~operty taxes levfed or assessed against the above described real esfate. ~ B-Premwms on fire and windstorm insu.ar:ce as herein requ~red to be carried on the improvemean sitwte on the above described prpnists. ~ ~ C-Premiums on such matgage guaranty insurar,ce as mortgagce shall trom t!me to time deem fit ro urry on the loen xcured hereby. ~ • Mortyagee shail from t~me to t~me norify mortgagor in writ~ny of the amoum due and payable hereunder and such sum ihall thereupon be due snd ' Fayable on the due dare of the next monthly payment and each successive month thereafrer ur.tit mo~tgagee shall r+otify mortgagor of a cl+~nge in such i a~-+ouro. Such sums shaEi be applied by mo~igagee toward the payment of real property taxes, insurance prem:ums, and mortgs9e, gw~anty insurance i p~emiums. ~ IN WITNE55 WHFREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and ear firtt sf es~' i - ~ Siyned, Seate~and delivered in the presencs of: 1 ' ` ~ -'~tiz ' y ~ • ` ( ''c' ~ ` - ~Se.O ~ i ~ STATE Of FLORIDA ~ . ~ couNrr oF St . Lucie ~ 1 ~ Befo~e me perwnally appeared F~~rrel C. $1't~rt and ~ ~ K a t h 1 een A. Sho r t his wife, to me well known ~nd known to me to b~ ' ~ the individuals desuibed in and who executed the iaegoiry instrument, and ackrawledged before me iMt they executed the same fo? the pvrpo~es f ~ rherein expressed. And the said Kathleen Short _ r Rarrel C. Short ' ~ w;te of the said ~ Kw~±~ ~ } examination by me taken uparate and apart from her said husband, acknowledged to end before me that she executed s~id inttrument_,fr1i~~ i ! ~ tnrily and without any compuision, constraint, app~ehmsion, or fear of oi from F~er s4id husband. ~ ' : X WITNESS my hand and official seal this 1 day of May ~ ,d1, D 9 4`~ < L- yt~su~. o~Q~ . ~ . - ~ ~ • ' tr= = ~ Notary Public in snd for tt~e State of F ~ a J~iirp~~~• ! i F--- - = My Commiuion expires: G Cv { Return To: ~ • Notsry P~b~c, State oi Flor,~a at•,Lar~ep . ; First Fedenl Savi s b loan Associat~o~ y ~~f' = ~ ~ Of Fort P:e~ce. Mr COIMIisfiOa Ezptes I~r~e 2~.'{'~^'' •~NN~~Q~•• ~ Fort Pie~ce. Flo~ida Dowd~1 N Aiwi~~~ /q~ S Cx~s.t+~Farl~" ~i ~f C`~ ~ ''fi~ ~,iv ~~1~~~t ` f ~ ~v " ~ " ~~v ~ > : ~ This Instrument Prepared By Richard K. Kayes LEp AMy R! p~R tQ ~ First Federal Savings 8 Loan Association UOtE C013M Y~1~1~ ~ ~ of Fort Pierce ~~Q~E~ ~b~~J1~'~ - , Florida 01.l1~R G~~4~1= C T 3~8~~ ? l1~GA1lU Y[~i~~E : ~ ~ Checked By ~ ~ ~ 19 ~ _ ~ • ; i= ~~e) TAGF ' ~ ~ ' ° F"t ~ ~ ~ ~ ~ ; - - - ~ ~"~~zu.:~~ ~ _ _ _ , - ~ ~ ~ ~ I _ . _ ~ _e..v x~