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Home My WebLink About0854 3. To place end continuously keep on ~hs tw~[d~ng~ now or herea(tK ~wae~ oo sa;d t~nd snd on ~II equipment ~nd p~rwn~lly cove~ed by ~hi? morp~ with all pr~mi~ms thercon pa~d m full, lire insurance ~n ~ho ~~v~l stsnderd policy form, in a ~um approved by the MORiGAGEE, ~nd windstwm , insu~~~c~ in the uawl teanda~d pof~cy fwm, in • surn approvad by ~M MORTGAGEE, in ~uch company or companies as tM MORTGAGEE may ' dirKll •nd all fire and w~nd~~orm in~ur~nce polKies on any of s+~d buifd~nyt, iny int~r~i~ tMrein w part th~rwl, in tM apyreyaq tum aforesaid w In ~xces~ ~hereof, slwll conuio ~h~ uswl ~fandard mor~ga9k clause o~ tuch o~ha dww as tM Mortyafl~e m~y r~quu~, makinp IM lou under a~d po1F ' c~~~, each and eve~y, payabl~ ~o said MORTGAGEE as i~s in~ere~~ may appcar, and each u+d ~very such pol~cy ?h~li b~ promptly a~s.yned u~d d~1~v~red to ~ny h~ld by said MORiGAGEE as fur~hcr security ~o iaid martpage debt, and, not leu ~han ren (10) dayi In advanc~ of the expiration of each pol~ty, lo da IivN to said MORTGAGEE a renewsl thereof, toge~hK with a reteipt }w the premium o( such renewaf; and tMr~ thall b~ no fi~e or windsto~m inWrant~ plac~d on ~ny of sa~d bu~ld~ngs, any imerest there~n or part thereoi, unless in ~M Io.m and w~~h tM los~ payabl~ ai atonuid; and i~ tM ~vent any sum of money becomes psyable under such policy or policie~ s~id MORTGAGEE shall have ths opt~on to receiva and ~ppty tM sarrK on atcount of tM i~+debted~ neu secured hNeby o~ ro per~nit said MORiGAGORS 1o reuive and us~ if w any parl ~hereo) for othc~ purposes, wi~hout the~eb/ waiving a unpair- u+9 any equity, lie~ a righl under or by virtue of ~his mo:s9age; and in the tvent s~~d MORTGAGORS shall for ~ny r~ason fail ro keep the said p~smises so iniured, w fail ?o deliver promptly any of said pol:cics of in~u~ant~ to said MORTGAGEE, w fail promptly to pay futly ~ny premium t1?er~fw w j~ any ! retpr_1 (ail to ps~furm, discharge, execute, effett, complele, comply with and ~bids by this covenant, w ~ny ps~t htreof, said MORTGAGEE may plate ~nd t psY fw :uch ins~rance or any part the~tof without waivinp w•ifeding sny option, lien, tquity, a riflht ~nda w by vi?tut of this Mortyafl~. a~d the full amovnt of e~ch and every such payment shall be ~mmcdiately due and payable and shall bear interest from 1M date thereof ~ntil psid a1 1M ~att ol nine pe~ tenfum per snnum and togrther with such iroe~est shali be setured by fhs lie~ Of thif morfpaga 1. To permif, commit or suffer no waste, impairment w deter'roration of isid pfoperty o~ any part thereof. S. To pay all ~nd tingula? tM costs, charyes and expenses, incl~ding a reasonable attaney's fee and costs of ~bstruts of tiNt, intv??ed w p~id any time by said MORTGAGEE, because p in the event of the (ailure on Ihe part of tM said MORTGAGOR 1o duly, promptly ~nd fully perform, d~~chugR execute, eifec~, complets, comply w~th and ab~de by each and every the stipulet~ons, agreerr.enrs, conditioru, and oovenants of s~id promissory nots u~d thit matya9e sny or either, and sa~d costs, chsrgcs and expenses, cach and avery, ihalt be immediafely dve ~nd payable; whe~hsr a no~ there b~ ~otice ds i mend, attempt to collect w suit pe~ding; and the full amouni of each snd wery such payment shsll bear interest irwn t1» d~te thereof until paid at the ra~e of nine per cenwm per ennum; and all said wsts, charges and exprnxs ~ncurred o~ paid, together w~th wch inl~reil, ~Fwll b~ s~tured by th~ lien of thi~ mat9~ga. 6. That (a) in the evenl of any breach of this Mortgage w default on the pa~t of the MQRTGAGOR, w(b) in the evenl ~ny of s~id ~wn~ of money ~ herei~ rcferred to be not p~omptty and futly paid within th;rty (3p) dsys ~ext afeer the seme severally become due and pay~ble, wilhovt dema~d or nofice, ~ o? (c) in ~M event each and every ~he stipuVa~ions, agreements, conditions and covenants of satd promissory note and this mortpapa a~ry o~ eithe? are nol iu~y, promptly and fully pe.formed, d~xharged, e,cecuted, effected, complefcd, compl~ed with a~d abided by, the~ in eithe~ a any tuch ~veM tM ~aid ~g ; gregate wm meroioned in said promiuwy note then remaining unpaid, with interest eccrued, and all moneys setured h~reby, shall bec«ne dw and psy- i eble fwthwith, or thereafter, at the optio~ 04 said MORTGAGEE, as fully ard completely as it all of the said sums of money were pgin~lly itipulated } i to be pa~d on such day, anything in sa:d prom~sswy note a in this Mwtgage to ~he cco~rary norwifhstanding; and thereupon or thereaher ~t ~M op~ion of ~ sai MpRTGAGEE, without nor;ce or demand, suit at law or in equity, therefws or thereatter begun, may be ptosetuted as if all moneys secured hereby ' had matured {x~o~ to it~ inslitution. F # 7. That in the event that at the beginni~g of or at any time pending any suit upw~ this Mortgage, or to faeclose it, w fo refwm it, w to enfwu paymenf of sny claims hereurtder, said MORTGAGEE shall apply to the Court hsving jurisd~d~on thereaf iw the appointment of • Receiver, such Co~rt shall Forthwith appoinl a receioer of said mortgaged property all and singulsr, includ,ng all and singulsr the income, profit~, iuues and revenues from whatever sou~ce derived, each a~d every of wh~ch, i~ be~ng cxpressly unders~ood, is hereby mortgaged ss if spec~fical~y xt for~h and dewibed in the yranfing u+d habendum clautes hereo(, and such Receiver sha11 have all the broad ar.d effective funct~ons and powers in anywise entrusted by a Co~rt to a Receiver, ~nd i:;ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequxy or inadequacy of the vaiue of the prope~ty mwtgaged or to the so:ver.cy or insolvency of said MORTGAGOR p the defendanq, and that iuth i rents, proiits, income, issues and revenues shall be appl~ed by such Receiver ~ccord~ng to the leen or equity of said MORTGAGEE a~d the prxtice of iuch 3 Courf. 8. To duly, promptly and fully perform, dixharge, execute, eifect, complete, comply with and abide by each and every tF?s stipulations, ~greemenri, s cor~ditions and covenants in sa~d romissw note and thit mort E P Y 9age set forth. 9. That in the event the ownership of tne mortgaged premises, w any part thereof, becomes vested in a penon other fhan ihe MORTGAGOR, tht M.ORTGAGEE, its successors and au~gns, may, without nor;ce to the MORTGAOR, deal w~th such sutcessor or wccessor in interest with refeie~ce to this mo~tgage ~nd the debt hrreby secured in the same manne~ as with Mo:tgagor w~thout in any wsy vitiating pr discharging the Mortgagors' lisbility hert under w upon the debt hereby secured. No sale ot the premises hereby mortgaged end no fo~bearance on Ihe paA of the MORTGAGEE w in ivccessors - or essgns and no extension of the time fw the payment of the debf hereby secured given by the MORTGAGEE or its successors a auigns, sMll operate j to release, dixharge, modiFy change or affect the original I~au~l~ty of the M.ORiGAGQR herein, either in whole w in part. 10. It is speuf~cally agreed that time is of the esaerce of fh;s contracr and that no waiver of sny obtigatfon hereunder or of tM obligation se- cured hercby shall at any time thereaf~cr be held to be a waiver of the terms hereof w of the ins~rument secured herby. 11. tn add~;o~ to rhe forego'ng monsh!y payments of p.inc pal and inrerest rcqu~red by the promiawry nore ucured hereby, morigsgor covenants - and agrees to pay to mortgagee w,ith each month~y payrr.eM an add~rio~at sum estimated by mongagee to be equai to 1; 12 of the annual cost of the follow- ' ~ng: i A-All real property taaes lev~ed w assessed agai~st th~ above described rea! estate. Q B-Prem~ums on f~re and wi~idstorrn insurar.ce as her~:n requ:red to be carried pn the improvements sitvate on the ~bove described p~emixs. C-Prem6ums on s~ch mortgage guaranty insurer,ce as mo~tgagee shall from t me to time deem fit fo ca~ry on the ban secured hereby. ~ Mwtgagee sha?I frcm ti:ne to tiR:e noniy mcrtgagor in wri:~ng of the amoum due and payable hercunder and suth sum shall thereupon be due and ' j c3yable on the d~e dare of the neYt month:y payment and each wccessive month thereaiter urtii mortgagee shall notify mortgagor of a change in such i a•~ ount. Such sums sFail i>e app'~ed by mor:gagee roward rhe pa~ment of rea! property taaes, insurance prem:ums, and mortgage guaraMy iawrance o~emivms. ~ . IN Y/ITNESS 'tiHEREOf, the sa~d /~M1ORTGAGOR has hereunto set his hand and seal the day and year first aforesa' • i Signed, Sealed and detivered in the presence of: Q ~ ! F~lEO °EC~ROED t /L~ .,v~?K~(1~! t ST LliC:i ;.JI;NTY FIA. an ; QO;,; =;,TRaS ~ hn R. Linder ~ ` ~ ~tr:.~ CCUfiT ~ F _ ~ RF~~,:. ~r.- T~ !{CV Sea~ ~ I - ~ ~ aq ~ SiATE OF FLORIDA J~ 2j 9 4O IM''~~ ~ ~ 340`71 ~ COUNTY OF _ St . I.i1Cle ; Before me perso~ally appearcd John R. Linder ~ ~larion S" Linder his wife, to me well known and known ro me to b~ ~ the individuats described in and who executed the foregoing instrument, and acknowledged before me that they ezecuted 1he same for the purNoses a therein exP.~Kd. n~d said ~iarion S Linder ° w~fe of the said - Infin R i i nd i upon s separate and pr'rv~t~ ~ ; eRaminat~on by me taken separate and apart from her said husband, scknowledqed to and before me that she exctuted seid instrumem freely and volurr ~ ta.ily and without any cornputsan, constraint, apprehens~ D, or fear of or from F~er uid husband. ~ ~CiG~ ~ WITNE55 my hand and official seal this-_ ~ day of JulY A D. 19 76 ' ; _ . _ ~ ~ ~ - ~ ~.~c~ ' No~ary Public in and for t ate of Floride lar~ Return To: MY Commnsion expires: ~'f~~ 3~~ /'y.7(o ~ first fedenl Savin~s S toan Associat:on ~ t_, - ''a Of Fo•t P.e:t_. - ' ; Fort Pie~ce, Flor:da _ . . . _af..:. . ~ , i~ t ~ . . / . ~ This Instrument Prepared By J. H. Roberts Jr. ' First Federal Savings ~ loan Association . of Fort Pierce ~ Florida 33450 ~ ~ Checked By ~ - ~ Q:G t r,t~~ ~ ~ ~ . . ; ~ ~ - , ~ : - ~ - - - . - - . dz ~ . _ . _ ~ . z~ ~