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Home My WebLink About0880 ; To plxe ~nd con~inuously kcep on the Cu:'d~r,gs ~ow o~ heresits~ ~~~wte oe ~afd land and a+ ~11 cqv~p,nent and perwnally covered by this matQ~ p~ w~tb all prem;u+ns ~herroo pa:d ~n full, f~re ir.tu~ence i~ ~he ~~~at ttandard po~eq (oim, in ~ sum epp~ovcd by the MOR~GAGEE, and w~nds~u~m ~nswanc~ in ~h~ usual s~andsrd pol.cy tam, in a ~um approvad by ths MQRTGAGEE, in s~ch company or companief af ~he MORTGAGEE ~++ay d~rec~; and all firt and w~ndsrorm insurance pola~es on +ny of ~a~d build~nqs, ~ny inte~e~t therei~ o~ paH thereof, in IM a~g~eg~~a avm afor~uid w in t:cesa thereol, shaH ca+tain ~he usoal erandaid mortgagee davse or such other clause as Me Mort9agee may requ~r~, maAinp Ihs iosi unde~ ta~d polr c~es, each and ~vpy, payable ~o said h1ORTGAGEE as i~s intere~t may appear, and each and every such po~icy ihall be pranplly ais:~ned ~~d defive~~d ~o ~ny hcld by sa~d MORiGAGEE as fuithe~ security ~o said ma~gage debt, and, nof les~ th~o ten (10) dsys in sdvance of the expiration of each policy, fo dr ; liwr b said MORiGAGEE a renew~l ther~of, ~ogethtr wi~h a receipt for the premi~m oi such renewal; artd there shall b~ no lire or w7ndstorm insvranc~ ~ p~aud on aMr of said bvilddngs, a~y infcrest there~n or pan 1he~eof, untrss in fM form snd w~fh tM Iou payab~e u•(wes~~d; ~nd in tht eveM +ny tum of rnorKy becor?~es peyable u~xler such poliq o~ pol~cies ta~d MORTGAGEE sheli hava ths opt~on to recaive and apply the same on accounl of ih~ ind~bted- neu secured hereby w w pe~mit said MORTGAGORS to receive and ~se it a any parl ~hertof for oti~e~ purposes, Yn~hovt ~hs~eb~ waivi~~g or ~mpair- ~n~ any equ~ry, I~en or right unde~ w by vir~ue of this mo::gage; ~nd i~ the event u:d MORTGAGORS shali (a sny reason fail lo keep the ta7d premites so inawed, or fail b delive~ promptly ~ny ol ;aid pol~cies of insu~~r+cs to se:d MORTGAGEE, w fail promptly to pay futly any pr~smium therefo~ or in any respea lail a perform, d~xha~ge, execws, eifecf, complets, comply wi~h and abide by this covenam, a any part hereof, sa~d MORTGAGEE may plxe +nd paY fa wch insuranc~ or ~ny part thcreof w~thout waiving a affecting any option, lien. cquity, or r~ght unda a by virtw of ihii M«tpa~e. and the = f•,11 anw~nt of each and every such payment shall be immediately due and payable and shall bear interesl from tfis date thereoF un~il paid at tM rat~ ol , nine pe~ ce~rrm pst ~nnvm and to~ethtr wi+h suth interest shaH be secured by Ihe lie~ of this mwtyaga. 1. To permi~, comm~t o~ suffer rw waste, impairrtxnt w deterioration of sa~d property w any part thereof, S. To pay all and sinyu~ar the cous, charges arid expenses, inctuding a reasonable attwney i fee and cost~ of abstracri of title, inc~ned w paid al sny t:me by sa~d MORtGAGEE, because a~n the evrnt of the (a~lure on the part of ~he said MORTGAGOR to duly, promptly and futly periwm, d~uharg~, i e:ecufe, effett, compkte, comply w~1h snd ab:de by each snd every the stipulations, agreements, tonditions, snd tovenants of ssid p?omissory ~o1e and thi~ mortgape ~M w e~rher, and sa~d cosb, charges and expenxs, esch and every, shall be immed~ately due and paysble; whether w not tMre be notice de~ mand, attcmpt to cotkct a su~t pend~ng; and the full amou~t of each and every such paymem shall bea. i~.teres~ f~om the date thereof until paid ~t tht ~ r3te o~ n~ne per cent~m per an~~um; and all wid -osts, charges and zxpenaes i~turred o~ pa~d, together w~th tuch interest, shall be setured by the lien of this , ^wr?9+9~- 6. Thal (s) in the event of ~ny breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event sny of ss7d s~ms of money herein refe~red to be not promptly and fully paid within th~rty (30) days Mx~ after the same sevcrally become due and payable, wuhout drmand or notice. w(~ in the cvero rach and every ~he st~pulaiions, agreements, cond~tions and covenants of sa~d promissory note and th~s morl9ape any a ~ither are not ~-.,ly, prompdr and fuity performed, dscharged, exccu~ed, effecred, compfetcrl, compGed w~th and a6~ded by, then in e~ther a any such ewnt Iht isid ay~ ! gregat~ wm mentioned in said promissory ~ote then remain~ng unpaid, with inraest accrued, and all moneys secured hereby, shall become dw and pay~ eate forthw'rth, or therrafter, at the opnon of seid MORTGAGEE, as luliy and compietely as if ali of !he uid wms of money were originatly st~pulated fo be pa~d on s~,ch day, anyfhing in sa:d prem~ssory no:e or in this Mortgage to the comrary no~w~thstand~ruj; and ~hereupon w thereahe~ at the option of sa;d MORTGAGEE, w~tFwut nor~ce or demand, suit at iaw w in equity, therefc~e or lherea:ter begun, may be proxtuted as if ali moneys secured hereby ned ma~wed pnw ~o rts imti+unoa. 7_ That in the event :hat at the beginn~rtg of or at any tin,e pending any suit upon this Mortgage, o? to fweclox il, or to re~orm it, or to enfores payment of any cia~ms t+e~eunder, said MORiGAGEE shall apply to the Cowt having junsd:aion thereof for the appointment of a Receiver, such Court shaN fc:shwith appoint a receivcr of ~a~d mo~tgaged p~operty all and sing~lar, incfud.ng ai~ and s~~~g~1ar the income, prof~ts, iss~es ar+d revenues from whatever seuscr derived, eath ar.d every of wh;ch, ~r be~ng expressly understood, is hereby mongaged as if speuficaily ut fwth and described in the g~anting and habendvm c~avses hereof, and such Receiver shaii havc ail the brcad and effective furxt:ons and povrerf in anywise entrusted by a Court to a R~ceiver, and s_ch appointment ~i~jlt bt mrde by s~ch Court as an admitted equity and a matter of abso:ute right to said MORiGAGEE, and without reference fo the adequasp or inadequacy oi the value of the p~o~erry mortgaged or to the so~vency or insotvency of said MORiGAGOR w the defendants, and that such re^n, profits, income, issues and revenues sheli be appl~ed by s~ch Recewer accord:ng to the lien or equity of said MORTGAGEE and the practice of such Coutt. 8_ To du:y, prompr:y and fut~y perfo.m, d~sci+arge, eYecute, effect, comp!e~e, comply wi~h and abide by each and every the stipulations, agreements, condit~m and covenanrs m sa~d prom~asory no!e an~ th~s mongage set forth. 9_ That in the evant rhe ownership of the mortgaged premises, or any part lhereof, becomea vested in a person other fhan the MORTGAGOR, the . MORTGAGEE, its s~cce:sc.a and aas~gns, may, withour nor~ce to the VtORTGAOR, deal w~!h such auccessor o+ svccessw in interes~ with reference to this ~co•tgdye and the debf hereby secwed in the s3me manne. as with Mortgagor w~thout in a~y way vil,etin9 or d+Xharging the Mortgagors' liability lfae- v~der p upon +he debt hereby secu~ed. No saEe of ti,e Fren,ises hereby mo.tgaged and no fo~beara~ce on the part of the MORiGAGEE w its s~ccefson o- ass~9ns and no eatens~on of rhe ~~me fw the payment ot tne debr hereby secured given by the MORTGAGEE or its successws or au~gns, ~hall operate ~o ro!eau, d~scharge, mod~fy change w aFfect the ong,nal liau,i;ty of the MORiGAGOR herei~, either in whole or in part. ~ 10_ It is spec:fica~ly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder w of the obligation sr ' cured F+ereby shal~ at an~ time rhereafter be he!d to be a wa~ver of the terms hereof or of the instrument secu.ed herby. 11. In add t[c~ to the fore~o ng monfh!y paymems of prir.c pa: ar.d inr<rest requ~red by the prom[ssory no!e secured hereb~, mortgagor covenanis a~d aqr~ to pay ro mo•fgagee w.~~h each monrh~y p3yr:~er~ an add.~Ional sum ez~~n,ated by mor!gagee 10 lx equal to 1;'12 of the annuat cost of 1he follow- , ~y: A-A? real Frcperty r3a_s le~:~ed or assess_d aga~•~sr the above described real esrate. ' B--Prern~~•ns on fne ar,o wir.ds!or•n fnw~arce as here~n requ~red to be carried en the ~mproveme~ts s~tuate on the above descr.bed p?emises. C-Pr>r*~~v^ s on such mort~;ge guaranty innu~ar:ce as mo~tgagee sha~l irom t me to time deem fit to carry on the ban secured hereby. i Margagee s~+a~t .'rom ~~•-,e fo r;-*:e nenfy mc~tyagor ~n vv:inng of the amou~t d~e and payable here~nder and such sum shaN thereupon be due snd :.3,ab:e on the d.x date of ihe next month:y payment and each successive month !hereaft~r urtil mortgagee shalt notify mortgagor of a:hange in wth .-ovnt. S~ch suma s~a:f be app~~ed oy mortgay~e toward the payment of real properry taxes, inswance prem~ums, a~xl mortgage guaranty insurance ! -?'+'~umt_ i ~ . i~l ~llTtvESS '::H:R~Of, the sa~d MORIGAGOR has hereunto set his har,d and seal the day snd e firat aforesa" . ~ Signed, Seated and de~ivered in the presence of: . ~ , . . a ` n ~ ; - ~ w, . Fr ' c e c~~q ' ~i . ~v,r. ~ ~;}~S F :...i~}.S ' ~ i - C;.'~ f. '•;~C!tl7 tCllRT a~ ~ - psr,r j 8~2: Fa PI~7. e seap y L ~ S:ATE OF FLORID ~ ~ - ~ ~ ¦N ~76 A N~ 3Y~~ % Z~j couyTr oF St . L w~ i e ~ ~ e~fa~ ~~.,~~y, appeared ~ ar~ L. r r i c e ,~d _ _ 9et? r S~ t~Y'? C A his wife, to me well known and known to me to be f ~ the ind~vidwts described in and who executed tM foregoing ins!rvment, and acknowledged be/ore me that they executed the same for the purposes t ~ ~x~.~a. a,a ~,a__ Jean Fay Price = N:fe of the said ~ • ; ~ G~r L Pr i e e upon a separate and privsta e.aminat:on by me taken separate and apa+t from her said husband. acknowledged to and before me that she executed said instrument freely and volun- ` ~ ta•~iy aod v~ntFw~t any compu:sio~, constraint, apprehens:on, of~fear of w from htr said husband Ti~- ~7~ r WITNzSS my ha~:d arsd offioal seal thh__ ~~C day of A. D. 19-L~! ~ ~ ~ . Notary Publ~c in f the State of Fbrids at larye - My Commisaion pires: Return To: ~o}r•ry ?~F~Sic, Sioh of Florida of lory~ ~ 5 fint Federal Savings b Loan A:sccianon My Commiuien E:pi?es Jdr 22, 1l71 z cr .o.t ~.P:ce Bondsd br llmedwn Fih s eo.~, ea Fort P~erce, Fior~da i s ~ • , i ~ st . ~ ~ . This Insirument Prepared By ~iOrifl i~ E. uv.gne s ~ ~ „ First Federal Savings ~ Loan Association J t~ ' ~ of Fort Pierce, rlori3a • , 'U, . _ ~ ~ ~ ~ ; i. ; - . ~ ~ Ll C . ' ; ~ Checked By . ~j ~ . ~ ~ . - ~ • ~ t~ 8~ . ~ ~ , E . PAGE ' , . ' ~ ~ ~ ~ ~ ~ ; . ~ Yy - _ ~ _r~-~ ~ _ ~ . . . ~ _ . _ ~ ~