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Home My WebLink About0451 9. 1o pl~t~ and continuously keap on tM bui:din9f now w Mreeft~r ?ilwl~ on sa~d I~nd ~nd on alt equi~xntal a+d pason~lly covt~td by this matp~ sp~, with ~tl prtmiums ~hareon pa:d ~n fufi, tire in~ur~nc~ i~ ~M usuel ~tandard policy twm. in ~ ~um approved by 1h~ MORiGAGEE, and winds~am Inwr~nc~ in tM uswl ~tuxfard po~~cy fwm, in •~um appro~ed by 1ht MORTGAGEE, i~ ~~ch tompMy Ot companiy q tM MORTGAGEE may . ditMj and ~II fu~ and winds~orrh insuranc~ polk~ei on any o( said bu~Id~np~, ~ny int~r~s1 th~reie w p+~t ~M~wf, in tM pq~p~t~ sum ~ia~~aid a 1n ~xc„s Ihe~eol. ~hall cw+uin ths usual ~tand~rd monq~~N c~~u~ a such oth~r c;~uw ~i IM Matya9~a may rp~u~. m~Mirp IM los~ und~r ~ud p01F de~, each ~nd ~very, payab~e ~o said MORTGAGEE ai i~s in~eres~ may sppear, ~nd sach and •ve.y +uch po~~cy ~h~ll b~ p~omptly u~.pMd u+d d~livNed ~o ~ny heW by s~~d MOQiGAGEE as fureher security ~o wid mor~ysg~ debt, and, ea~ !tu ~Mn t~n (10) days in ad~u+e~ o( ~M ~xpi.•~~on ot ~~eh poliey, ~o d~- Ilvw fo said MORTGAGEE • re~ewal rherwf, toperhN wi?h • rec~~pt iw t?n pr~miwn ol iuch r~welj ~nd ~Mr~ iMll b~ no f'u~ w wind~~wm ie?wr~nc~ p~acb on u+y oi taw buua~rgs. ~ny IO1NO~f ItllfOM Of pan ~ne~eor. un~ess ~n ~e» iorm ~na wun ii» ross (»ya01~ p•tOI~N103 ~~O io iir .w.~. .o:.-. j o( ma»y becomei payable undar wch poticy or polKiei iaid MORTGAGEE ~MII Mvs The oprwn ~o ncaiva a~ +pply the urrN on acco~~~ of tM ind~bted r?ea iecured her~by or ~o pe+mit ~aid MORTGAGORS lo ~eceivt ~nd use it a my parf ihercol fw o~ner purposes, w~?hout ~hsreb~ waiviny w unpai.• j inp a~y pvity, li~n w right under w by virtw of thii mor!paye; a+d in tM evenl sa~d MORiGAGORS ihatt fw +ny rtaion fail ta keep tM said prM+iaq ~o ~ h?iur~d, w tafl ro de1~~e. promp~ly ~ny oi seid poticies of insw~nc~ to sa~d MORTGAGEE, w fail promptly fo pay lully ~ny pr~mium therefor w in ~ny ~~apact fai~ to pafam, d~scha~gs, execute, effect, compl~t~, comply with ~nd abide by fhit covenan~, a u?y part Mreot, uid MORiGACaEE may pl~ ~nd paY fa ~uch lnsur~nc~ or any parl ~hereof w~thout w~ivinp a affectinp any optian, li~n, eqvity, w rgh? undN w hy virtw of thi~ Mwfgay~, and the fvll art~ounl of e~tA and ~wry sucA payment sMll be imrr~diately dw ~nd payabl~ and ~ha11 bsar imercst from tlw dat~ tMr~of w?1i1 paid at tM rat~ ol nin~ pK centum p~t annum and togethar wilh suc~ intcresr sha~l be setured by the litn of Ihit mortyiq~. 1. To psrmit, commlt or suffer no wast~, impairmero or deterior~tio~ of sa~d property a any P.n ihawf. i 5. To pay a!1 and iinpulu the costs, charpes +nd expenses, inctvd~np a.eesonable ~naney'~ fee ~nd co?ts of ~bs~r~cts of titl~, incurred or paid a~ • any time by said MORTGAGEE, because o~ in the event of the failure on ~he part oi Ihe uid MORTGAGOR Io dvly, promptly and fully p~rfwm, di~char~, i ~ascvre, eifect. c«nplere. comply wrth and ab:de by each and every rhe stipula?~ons. ~greemenri. condifions. •nd wven~nn of said promiuory oob and fhi~ mortype any a ti~he~. and said costs, cMrges and exp~nses. each ard every, shsl) b~ inunediately dw .~d p,y,ae: whefMr p no1 ther~ b~ notic~ dr mand, attempt b collM w wif pend~ng; and ?M full amount of each and svery such payment shall beu i~terest froen tM date tMreof vntil paid tl fh~ rare of nine per ccntum per an~~urn; end alt said coits, char9es ~nd expenses inturred or paid, ~ogather w~th ~uch intere~t, iMll b~ sec~red by tM lia~ of thd mortqays. Q That (a) in the eveM of any luaach o~ this ARortgaye or defsult on the part of the MORTGAGOR, or (b) in tM event My of s~~d wms of nwney hsrein refcr~ad to be nol p~omprly snd lully paid within thirty (30) dsys +roat afta the sama severatly become dw ~nd payable, withoul demand w notics, w(cj in ~he event each and ~•arr the s~~pulet~oni, ag+eementi. co~ditions and covenants of sa,d promissorv note and th~s mor~pp~ any q eithe~ an nal ~uly. Promplly ~nd fvlly pertwmed. d~xharped. eaecu~ed, effccted. complated, compi~ed with and abided Sy, then in either w any such ~v~nt 1Fr said ag prcgate sum mentioned in :aid promissay nota then remaining unpaid. with interest acuved, and al! moneys lKUred ht~ebY. aha{I betom~ dW and p~y~ sble fwthwith, or therea(ter, at the oprion o~ sad MORiGAGEE, ss fuliy and compktely ~i if all of ~he said wms oi rtaney were orgin~lty sliput~ted ~o be pald oo such day, anyth~ng in sa:d prom~ssary note o. in th~s lHor~gage to the comr~ry notwi~hstsr.ding; ~nd therevpon a thcreaft~r ~t th~ option o~ said MORTGAGEE, without not,ce or demand. ~uit et law or in equity, therefwe or thereafter begun, may be prosecuted u if all monsys s~curd ht~tby had matured prrot to in inatitulion. 7. Thst in ths event that at the begi~ning of or at any time pending ~ny suit upon this Morigage, w to fweclos~ k, or to refwm it, or to enforp payment o1 any claims herounde?, said MORTGAGEE sMll apply to 1he Coun having jur~sd~uion ~hereof fo~ the ~ppoinfiner?t of a R~ceiver, such Court shall fa~hwith ~ppoint s rcceive~ of ~aid matgayed property alI ~nd sinyular, includ~ng all and s~~gutar the income, prof~ts, iswea and rwa+ws from whateva sovrce derived, each end every of wh~ch, i~ beiny expreasly underseood, is hereby mor~gaged as if spec~Iically set fw~h ~nd d~wib«! in tM prsntinp a~d j habtndwn clausef hereof, and such Receiver shsll have •h the broad a~d efiecrive funct.ons and powds in anywis~ entrusted by a Cour1 to • Receive~, and i such appointment ~hall be made by svch Court as an admittcd equity and a mave~ of sbsolute right to said MORiGAGEE, ~nd withovt relerenc~ to /M edequscy a inadcquacy of the va~ve of ?he Fwoperty mortgaged or to the wwency or ~nsolvency o1 seid MORTGAGOR p tAe defendanq, and that such renrs, pro(its, income, issues and revenues sMll be appl~ed by such Recei~e. accord~ng ~o the I~en or equity of said MORTGAGEE and the practice of such ~ Gou?t. ~ 8_ To tiviy, pru~npiiy erw iviSy pe~iwm, dixnarge, execuie, eiiect, compie~e, compiy wirn and abide cy each ~nti evNy iM siipuia~ioM, yreertKnb, conditions and covenanta m sa~d promisso~y oote and ~h~s mortgage set (wth. 9. That in the event the ownersh~p of the mortgsged prcmises, or any parf ?haeof, become~ ve~ted in a person othe~ than fhe MORTGAGOR, fh~ MORTGAGEE, it~ successas and ass~gns, may, w~than notice to the MORTGAOR, deal w~th such succeuw w wcccssor in iMerest with refereoce to this mor~gage and ~he deb~ hereby secured in the same mu~ner as w;th Mo~tyapor w~thout in ~ny ~vay vitlatinp w d~xMrginp fhe Mortq~gon' liability herr under or upo~ the debt hereby ucvred. No tafe of the pren,ists hereby mortgaged and no forbearance on the pan of the MORTGAGEE p its ~vocesson a as:~gns and no ex~ens~on of the tim~ fa tha paywrent of the deM her~by s~cured y~ven by ~Ik MORTGAGEE w its succeuws •w au~pra, ~hal{ opsrats lo releax, d+scharpe, modify change or affect the orig.na! tiabil+ty of the AhORTGAGOR Mr~in, sitF~n in whol~ or in part. _ 10. It is spec~fically ~g.eed th+t time is of the essence .of this contract and that no wsiver of any obt;9ation hereunder w of th~ obliyation st~ cvred Fxreby shall at any time thereaher be held to be a waiver of rhe terms hereof d of the instrument secured herby. 11. In add:t~o~ to the. forego:ng month!y paymenb of p.inc pal and ieterest rcqu'ued by the promiasory note secured hereby, mort~agor coverunb arxl agrees to pay to mortpagee witF~ ~uh tnonthly p~~rntM ~w add+rion~l wM estimal~d by mo~tgagee b be tqwl to I~IZ of the annual cost of the follow- ing: i A-Ali rea~ property taxes lev~ed o+ as:es:ed ag~~^.st thc above dewi5ed real esta!e. ! B-Premiu:na on fire and windi~orm inyurar.ce as hercin Jequ:ttd t0 be Carried on the improvemeab iitu4f~ on the abpve desui6es! ptemites. C-Premi~ms on ~such~mo~rgage gua+anty insursr~cr as mortyagee shall lrom t~mr to time deem fit fo carry on ti+e ban secured hereby. Mortgagee shalt from rime to ri~ne rtotity mortoagor in writ~ng of tl+e art~ount due end payable hereunde~ And such wm shaH thereupon be d~e and payabte on the d~e da!e of ~he ne~t month:y paymem and each successive month thereafter ur.ti~ mortgagee shsll notify mo~tgaya of a chanye in wth amovnt. Such wms sha:l tx apphed by mortgagee ~oward the paymeni of real property taaea, inwr~nte prem:ums, and mortyspe gvar~nty insurarK~ premiums. IN YIITNESS JtiHEREOf, the said MORTGAGOR has hereunto xt his hand and xal the day and yes? firs/ ~faesaid. Siyned, Sealed and de{ivered in the presence of: M 11 aa L. Tinney, a 1 ~ t 0 . - n SiATE OF RORIOA ~ courm oF St . Luc ie eefore me personally appeared Wi213aa L?inney, a sinale adult ~i?wi4, to me well known and known io m~ to b~ the ind~ridval desuibed in end wFa executed the fweyoing initr~meM, and acknowtedyed befon rtN thal hs executed tM san+e for th~ purposes ~he~ein txp~essed. Awi.ti~s~Mir~~~~-~ - - • ~ !~(S ~LI~ ~ • ~ ~ 'f ~row ~~~P~1t ~+~d'Aiv~1r isAa~iuatie4 b~ ~+Le...par.r~ ~wd~a.ti.t.owrlie. «w!-~~r ~cl.n~wid~w~» ~wd-befow-.we~Mw~ +Iw~+eesa~d~wid wrt~nan? 4rwi~wi.ohrw~ +wl~ ~wd~ w~Iww~w~ ~piA~slen,tenl+Mnr, tpNrel~en~na?~~riea ~ er~h~rl~R! t~o~tran~ WtTNESS my hand and official seal this_ a~ day of t ber A. D. 19 76 Nat+ry Publiv in f 1M Stafe of florida af 4rp~ My Commiuion eupirp: Retum To: Fint Federal Savinys a toan Associatio~ [dotary PvbCc, Stots of Flor'da at La~g~ O( Fo~t P~erce. Mr Comc~i:sion Er~res Jvly Yt, 1977 bc~ed b~ Mr.~r'~:cn f~re 3 Gsvdry C~: Fort ~{erce. Florida - v `S~r~~ s + j!-', ti'v , This Instrument Prepared By J, Hal Rob¢zts~ Jr. ;'+,r~~;.~~~~'~=... ' Firsf Fede~a! ~vi?+.g5 ~ Lc+an Associ~tiQn . . . of Fort Pierc Rlorids FlEd AN p~Cp!1Q p ' ~ ~ ~ ' ; ~ ~ ~ ~ i~. WCIE ~bilMTY F~A. : ~ ~ o - Checked By tl4G£R fOITR1~S Q~~. c= ~ ~ . CtERt~ Ll :G1~~T COU ? • ~ ~ ' _ 1tECQR4 Vf.Rtf1C0 ; y:( ~ ~ a S~ 30 I i w AN'76 ' ' : ~ . . ~ ~ PAGE 447 >ys;.....~y 58 ~ Ei:JK ~ ~ ~ ,,,~~~~NJI?11N\1M~~``` !tf ,