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Home My WebLink About0067 3. TO plx~ and co~Nnuously kcep oo ~M bu~id~ng~ now w Mr~~ft~r ~itwq on said I~nd a~d on all equipm~nt u+d ptnaully wvsrtd by ihis mortp~ . ~y~, with ali pr~mivmi thereon pa~d in (ull, fire inwr~ntt in th~ ~swi sundard policy iwm, fn a sum approv~d by tM AM7RTGAGEE, and wirdito~m ' 1nw~MCe in tAs uwal ~tandard poGcy fwm, in ~ wm ~pprov~d by ~hs MORTGJIGEE, in tvch tompany w companip u ~M . MORTGAGEE may dirsctj ~nd all lir~ and w1nd~~orm insur~np policiy oe any of iaid build~nq~, ~ny intNat ther~in or parl tM~wf, k~ tM a~yrep~t~ avm ~for~said w M~ac~ss tMr~of, sMll conrain ~h~ uswl u•ndard mor~qa~ cl~u~ a such otha. claus~ u tM Ma~ypN may rp~ir~. m~kinp tM los~ und~. sa~d polM ciH. each and ~vay. paYabl~ ro s+~d MORTGAGEE ~s i~~ imere~t may app~+r, and sach and ~v~ry tucA policy shall k» promptly ~u~yned u~d dNivtred ~o E any held by said MORIGAGEE as (u.~ha~ s~cv~ity to said mwiyape deb1, and, ~ot less than 1~n (10) days i~ +dvanc~ of 1M ~xplr~lioR af e+ch policy, to dr : liw~ to uid MORTGAGEE s r~new~l 1`-•eof, topNMr with ~ rate~pt (or the p~~mium of wcl~ r~newal; ~~d th~r~ shall b~ ~r, fir~ w wi~dstorm intut~nc~ plac~d on s~y oi s~id b~ildirg~, any intereat fh~re~n or psrt tF?er~of, unleu io 1M fo?m and wifh tl+~ loss pay~bk as ~fa~uid; u~d M tM ~wnt any tum of monsy becon+~~ payable ~nder such policy w policioi uid MORTGAGEE ~hall Mw ~he op~ion to -rceive •nd ~pply N+s s+m~ on ~ccovnl of tM ind~bted~ ~.~~I: neu setured htreby a ro permit iaid MORTGAGORS to r~cave ~nd u~ it or ~ny part lhsreol fa other pu~posrt, wi~hout thereb~ waivi+~ o~ ~mpair- r ty i inp any eqvity, lien a?79h1 undcr w by virtw of thia mort9a9e; snd in tha tvcnt aid MORTGAGORS s1+~11 (w ~ny rtason fail to keep fhe ~+id premites w F'; inivrod, w fail ro delivsr promptty ~ny of said polities of insvr~nce to ~aid MORTGAGEE, w fail promptly to p+y fully any premium therafot w in any ' ?~sp~ct 1~i1 b pafam, dischuge, execute, effect, com kts, comply with u~d abtda by thi~ cownan~, w~r?y p~rt h~rtof, uid MORTGAGEE m+y plau and - pay fa iuch insurance w ~~y part thereof without ~Ivi~ or affectinp ~iry option, tien, eqvity, a ripht unda w by virtw of tMs Mwt9a9e, ~nd t!~ futl amount of eacA and ewry such paymsnt shall bs immediately dw +nd p+yabl~ ~~d sAalt bear i~tarest from tM dat~ the~eof uroil p~id at ths ~at~ of nine per centum per artnum and togethe~ with such interest shall be secured by tFN lien of this mortysye. To pe~mit, commit w suffe~ no wasts, impairment o~ deterioration of said property w any part thereof. 5. To pay all and u~ular the coati, charpes ~nd expensas, includinp a reasonabls attorneyi fea~u~d co~ts of abstrads of titl~, inc~rr~d o~ paid at any time by taid MORTGAGEE, becaus~ a i~ ~he ev~ro of tht (~ilure on th~ parl of IM ~sid MORTGAGOR so duly, p~omptly ~nd fu:ly pHfwm, di~chuqq execute, eHec~, complare, compty w~th and ab:de by each and evory tha st~puletion~, agreements, cond~~ions, ~~+d oovenanrs o~ ~aid promisswy note and thii mortgay~ a~y w ei~her, and sa~d costs, charges e~d eapenses, cacF? and ~very, sfull be knmedi~tely dw art~ paysble; whcther or not there be norice dr mand, ~nempt ~o collect or suit pendinpJ u~d the full amo~M of each and every such psymanf thall beu interest from the dat~ tMreof uretil p~id ~1 the ra?e of nine per centum per annum; snd all said costs, cha:ges and expenses inctirred w paid, together wilh such iNtrsst, sF?all b~ setwed by tht litn of thiu mortps~s. ~ t 6. Tha~ (a) in tlx eveM of any bresch of this 1Nortgage w default on the part of tha MORTGAGOR, or (b) in the evenf any of said sums of ~aney ~ horein nfe~red to be rat promptty and fully paid within Ihirty (30) days neat ~fter the same severally become dw and payablt, witho~l damand a notice. or (v In the eveM esch aod every ihe stipulations, ~g~ecments, conditans ~nd covenants of sa~d pro+nisswy oo~e and th~s mortgape any w~ither ~~e rwl ~ ivly, promptly and fully perto~med. d~xharQed, ezecuted. effected. completed. compl~ed with and abided by. then in either w any iuch ~wM 1M s+id a~ . gregat~ ~um mentiooed in said promissory note tt~en remaining unpaid, with interest uuued, and all moneys secured hereby, sMll become dw and p~y~ able forthwith, u lhereaiter, at the option of said M~JATGAGEE, as fully ~nd completely as if sll oi the said sums of money were aginally sti~wlated ~ to be paid on such day, anything in sa:d promisswy note or in this Mortgage to the conlr~ry notwithstanding; ~nd thereupon w thereafter at rhe option of ~ said MORTGAGEE, withou~ not~ce o. demand, suit at law or in equity, thcrefore or there+fter begun, may be prosecuted p if all mon~ys secured hereby t t had rrNWred pnw to its inatitWion. 7. That in the evenl that at the beginnirg of or at any time pendirg a~y su~t upon this Mo~tgsge, a to foreclose it, w to reiwm it, w to ~nforq payme~t of a~y cfaims hereunder, said MORTGAGEE shal~ appiy to the Court having jurlsd~ction thereof for the appo~ntment of a Receive~, such Cowt ~all forthwith appoint a receivr of said mo~tgaged property all sno singvlar, includ~ny all and sin9ular tM intome, pratits, issues and revenuss from wh~tevp source derived, each and e~ery of wh~ch, it being exp?easly understood, is hereby malgaged ss tf specifically sef iath and describad in the ~rantinp and habendum da~ses hercwt, and such Receivei shall have •It the broad +nd effective funct~ons and poweri in anywise entrusted by ~ Covrt to i Receiver, ~nd such appointment shal! be mnde by wch Gourt an admieted equity and a rtalter of absolute ri9ht to •said MORTGAGEE, ~nd without reference to the ! edeqwcy or inadequacy of the wtue of the prope.ty mo.tgaged or ro the sohrency a insoJvency o~ said MORTGAGOR or the defendanb, ~nd that such rents, profiri, income, issues and ~evenues sAaN be applied by such Reoeive~ ~ttordiny to Iha lien a equity of said MORTCsACtf and the prKtitt oI such ~ Court. 8. To dvly, promptly and fully perform, discha~ge, execute, tffect, twnplete, tomp!y with and abide by eich and every the stipulations, ayreemenb, conditions arxl cove~ants ~n said promisswy note and this mortgage set forth. 9. That in 1he event the ownership of !he mortga9ed premisca, w any part ti~ereof, betomes vetted in • perwn other than the MORTGAGOR, fh~ MORTGAGEE, its successws and as:~gns, may, wi~hout no~ice to ~he MORTGAOR, deal with such succeuo? a successor i~ i~terest wifh reference to this n:ortgage and ihe debt hereby secured in ihe sama manner as with ltti,rtgagor w~thout in aoy way vitiating or d~xharging the l~lortyagors' liability hert under or upon the debt hereby secu~ed. No iale of ~he Fremises hereby mo+tgaged and no fwbearance on the pah of tiM MORTGAGEE or ib successors or ~ugns and no extensien of the time fa ~he payment of the debt hereby :ecured given by the MORTGAGEE or iti successors w suipns, shall operate ' ro releau, discharge, modify change or affect the orig~nal liabif~ty of the MORTGAGOR herein, either in whote or in part. ' 10. It K specifically agreed that time is of the esxnce of this contract and that no waiver of a~ryr obtig~tion h~revnder or of tht obliyatan ss- cured hereby shall at any time ~hereafter be held to be a waivH of the terms hercaf or of the instrumeM setured herby. 11_ tn add~tion to the (wego°.ng monthty payments of prin~ paF snd inte~est ?equ'ued b.y the prom~ssory rrotr secured lxreby, matgagor covenanfs artd agrees to pay to mortgagee with each monthly paytnent an add~rional tum estimated by mor+gagee to be equaf to 1/12 of the annual cosf of ~?x follow- ifr9: • A-AU real pr~perty faxes lev~ed or assessed agai~st the ebove described real estate. B-Premiums on fire and windstorm insurance as hereen requ~red to be carricd on the improvements situate o~ fhe ~bove desaibed premises. C-Premiums on such mortgage 9uaranty insura•~ce as morlgagee shall from time to time deem fit to tarry on the ban tetured herebY- I Mortgagee shall from time to time notify mortgagor en writing of the amovnt due and payable hereunder and such sum shall f!?ereupon be due ~nd ` payable on the due date of the next monthly payment and each suctessive month fheresfter ur.til mortgagee shall notify mortgagw of a tbange in such ~ amount. Such sums shail be appiied by mortgagee to«ard the payment of real property ta:es, i~surante prem.ums, and mwtgage yuaranfy insurance ~ premiums. IN WI7NESS JVHEREOF, the se~d N10RTGAGOR has hereunto set his hand and seal the day s ye~r t efor . ~ Siyned. Sealed and delivered i~ the Fvesence of: ~y` i ~ ~lV1E d'r~llfr7'~ L oy o s~ A{?Ir~ a i _ R t1fRL~~CR~~ o t i e. a y o r n .~wi 15 II ~t 33 ~ STATE OF FLORI A 82~4 courm oF St . Lucie ~ ~ ' Before me personally sp sred i-loyd TayloZ ~ ClOtlifle F. ~aylor his wife, to me well known snd known to me fo bs the it?dividuals described in and who exetuted the fu~° ing instrument, and acknowledged before rc.e that thsy exttuted the same fw the pvrposes { ~ therein expreased. And the ssid Clotilde r. Taylor ~ wife of 1F+~ said 1•loyd Tayloz ~ upon a sep~rafe ~nd privay examinatio~ by me taken separate and apart from her said husband, scknovvledged to and before me thst she execvted said i+tstrument f?eety ~nd volun- ~ rarily and w~tho~t any compulsion, consrraint, apprehenaion, fear of w from her said husband. WITNESS my hand and official seal thiL p7'y~ day of '~~e A. D. 1976 ~j ~f ~ Notary PuWic in the Sufe of florid~ af lary~ = My Commission pires: ~ Retum To: ~ Aiot~ry PuECic, $!ats of FlpriJa of lar Fint Federal Savings a loan Associat~on a i ~ Of Fort P~erce. ~Y ~~~"+~s;ion E:piras Ju1y y2, z Fort Pierce, Florida ~^~d bY F~re 8 Go,v~~iy G, ~ , l ' - i . . " , ` : This Instrument Prepared By John W. Collins - 4 First Fede~al Savings b Loan Association - = ~i ' . ' ~ . of Fort Pierce , F1oZida. 4= ~ ~ ~ r R = ~ ~ - ~ ~ Checked By E - : ~ 25~. ~A~ 67 _ : ; - _ . ~ : ~ : ~ : . . ~ y~ ~ . ~ ~ . ~j r~l l ~ ~1:1~~111. _ c~ ~ . _ . _ . _ _ _ . . _ ~ ~ ~ .e . , _ . _ • ~.~-_..i ~a..~ ~+~"~i~~