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Home My WebLink About0351 To pl~u ~nd con~inuously keeP on the buitdingi ~ow w. M«aft~~ situ~t~ on ~~id land and on ail equipment and p~rwnalFy cov~red by thit mat9- q~, wilh dl ptmivmf therew~ paid in tul4 fire insuranc~ i~ the v~ual ~t~~a~d polky form, In ~ tum approv~d by ths MORTGAGEE. ~nd wirdNam intwu~a in tM uswl uandard pol~cy fam, in ~ wm ~pproved by tM MORTG/?GEE, 1~ suct~ company or c~~p+niy 1F?~ MORTGAGEE may dfndi ar~d all ilr~ u~d winda~o~m inwranu pOlKif~ on ~ny of ~aid buiW~np~, ~ny i~ter„1 ~hsrein or part tFkreoi, in tlN apq~eqae~ wm ~fo~naid w , In uura thereof, ~hall comain ~hs uswl ilandard morr9ap~e clavs~ w iuch ahsr cl~us~ ~s tM Matya9N may rpuk~, makinp tM loif w?da ~a~d po1F ciK, ~ad~ ~nd ~vNy, paysbl~ w ~aid MORTGAGEE as ~ts imeretit may ~pptar, a~d eacA u?d ~wry ~vch po~icy ~hall b~ prompHy ~u:yned ~nd dtliwred ro ~ny Mld by said MORTGAGEE a~ iw~M~ security to said nwrty~y~ debt, and, no1 leu ~Mn tao (10) daYs Ir~ adv+nc~ oi tM ~xpkation of ~ach policy, ro da liw~ to ~id MORTGAGEE a rt~wal lherwf, tope~hK wi~h s rec~ipt fa ?Ae p~miwn of avch nnewalJ ~nd tMr~ ~hatl b~ oo f~re o? wird~to.m inwur+c~ pbad on ~y of s~id Iwildii+p~. ~ny ie?ter~it thK~in or put therwf. unku in the iwm ~nd witA tM loss p+Yabl~ as ~fa~s+id~ and in th~ ~v~nt ~ny ~w~+ of nwn~~ b~comea payaWe undsr such policy q policies ~id MORTGAGEE iMll Mv~ tM opt~on to receive e„d ~pply the sun~ on ~ccounf of ~M lnd~bted- n~ss acwed Mreby a b pt~mit uid MORiGAGORS to reteive a~d u~ it a a~y part thereof fw onc~r purpo~es. wi~hou~ tharrb/ waiving o~ ~mpair- inp any puity, li~n a~gh~ unde? a by virrw of this mor!~a~sj aed in tM event said 1NORTGAGORS ~hall tw +ny reaso~ fail to k~ep the uid premises w kuured, w fall b d~lira pranptly eny of uid polici~s of inw~~nu to said MpRTGAGEE, or fsil promptly to pay fully ~~y premium thereiw w in any ?esp~cl t~Il b p~?(onn, d~uh~.ge, e~c~cvte, effect. complete. comply with and ~bid~ by this cownanf, a~ny pa.t hsroof, said MORTGAGEE may pl~u ~nd paY (a such Imwann a~ny put tM.aof wi~hout waivirg or affcctinp ~nY oqioo, li~n, equiry, w riph~ undsr a by virtw of ~his Ma19~pe. ~~d fM full amount of e~ch and ~v~ry auch payment shall be imroediately dw and p~y~bl~ and shall beu inttr~~t from tM d~t~ the~eof until paid ~t th~.~aN ol niM pe~ ttnt~m pK aruwm ~nd toqethct with tuth ietere?t shall be secured by tM lisn of this mortp~pe. 1. To ptrmit, tanmit or suffs~ no wasls, impairment w detaior~tion of uid p?operty a s~ry? paA thereof. S. To psy ~II ~eid dnguler ~h~ cosri, cMrpn u+d expenses, includinp a rcasonabk attorney i fee snd costs ~f abstr~cts o( titts, incurred or Qaid ~t any tim~ by said MORTGAGfE, b~tavN w in the event oi the f~ilur~ on th~ parl of IM uid MORTGAGOR to duty, p~omptly snd fulty ps~iwn?, d~xhup~ execut~, ~ffect, complct~, comply wi~h and ab~de by each ~nd ~vrry ths uipul~taro, ~yreements. cond~taro, +nd cown~nts of said promissory note and thi~ matyape u~y a atha. and sa~d costs, cMryes and eapenses, each and ~vcry. ~hall b~ immediately dw ~~d pay~blr, whether a not th~r~ b~. notiu d~ mu~d, ~ttempt ro ooll~ct a wit p~nd~np: ~rd tM foll smovnt of each w~d wsry such peym~nl sMll bsa. interest fran ~he dat~ tl+~reof ontil paid d tt+~ ?a~e of nine ps~ ceMum per snnum; and all said cwts, charpes and cxp~nsei i~turrsd or paid, topelF?er w~th svch inttreat, iMll b~ atured by tM li~n of thu mort~~. - . d. TMt in the ~v~nt of any br~~ch of this Mo+t~sy~ a defauft on the part of the MORTGAGOR, w(b) in tM event ~ny of said sums of montr herein n(erred ro bs not promplly and fully paid wi~hin thirty (30) days nexl ~iter the same save?alty become dw and pay~bN, wilFa~t demand a notice. or W in tM ~vent each and every the stipvtatiau, ~grcements. conditions and coven+nn of sa~d promiuory note ~nd ~h~s ma~9pe any a ~ither are ~ol ivly, promptly and f~lly perfwmed, d~scharped, ~,cecuted, effected, completed, compl~ed w~th ~nd abided by, then in e~ther a+ny such wrnt ~M ~+id aq~ pre9at~ wm menrioned tn ssid promissory note then remaininy vnpaid, with intrrest xuucd, and al~ mo~eyi aecwed hereby, ihall become dw and p~y- eble fa~hwi~h, a thereatter, at tF~e option ot seid MORiGAGEE, as fvlly snd compl~~ely as if sll of the wid wms of money vrere wginatly stipulated fo b~ paid on wch day, anythin0 in said promissory note a in this Mwtgags to the contrary notwith»anding; and ~hereupon w theresfte~ at the option of said MOR~GAGEE, without noeice o~ demar~d, ~uit at I~w w io equity, thereFae or theresfter begvA, may be prosecuted u if ~II maays securod hsr~by had matured {xar lo its institution. ' 7. That in the event tMt at the beginninp of or at ~ny time p~nding ~ny wit upon thb Mortgags, or to foredose it, or to reform it, or to enforp payment of any claims hereunder, said MORTGAGEE shaN apply ro ths Courf Mviny juriul+ction thereof fw the appointment of ~ Receiva, wch Cowt ~hall forrhwith ~ppoint a receirer of said mortpaged property all and singubr, includmg all a~d singular the income, profils, iuues snd rovenue~ from whattv~t ; wurc~ derived, each ~nd every of wh~cl?, ir beinp expressly undc.s~ood, is Mrcby mw~gaged u if spaufically a~t fath ~nd desaibed in the ~rsminp u~d habendum clavses hereof, and such Rec~ivp shall haw al! the broad and effectiw functwns and poMCera in aoywise entrwted by a Court to a Receiv~r, uid such sppointmeM shall be made by s~ch Covrt as an admitted eqvity and a mstte? oi absolute right to said lMORTGAGEE, and witAout reference 1o Nw adequxy a inadeqvacy of the value of the property mortgiged w to the wlvency or 'anolvency of ssid MORTGAGOR or the defendany, and tMt wch renr~, profin, income, iuues and revenws ihall b~ ~ppliad by such Receiver sccord~ to the lien a puity of wid MORTGAGEE and the practic~ of wch Courl. 8. To duty, prompHy and fully perform, d'escharge,.execute, effect, complete, comply with and abide by each and every the stipulatio~s, sp~eemenfs, conditian ~rw! covenants in sa~d promiswry note and thw mortgage set forth. u 9. That in the event the ownership of tha mortgaged premises, w a~y part thereof, becoi.~es vested in ~ person other than the MORTGAGOR, the MORTGAGiE, in wcceuors and suigns, may, without ~otice to the MORTGAOR, deal witl~ such successor a successor i~ interest with reference to this mortyspe and the debl hereby sec~red in the same manner as wi~h Mortgsgo. without in any way vitiatinp or d~xF?~rg~ng tM Mort9spa~' liability hera unde~ a vpon the debt hereby secwed. No s~k of the Fremises hereby mortgsged and ra fabearanes on the p~n of_ the MORTGAGEE a in waesson w auipm and no extension of the time fw the paymem of the debt hereby secured yiven by the N10RTGAGEE or in successars w~uipns, shall opsr~ts to rtlease, d;sdwrye, modify charye or affect the originat liability of the MORTGAGOR herein,.either in wlwl~ or in put. 10. h Is speciiiully agreed that tune is o1 the essence of this co~tract and that no waiver of ~ny ok+ligatiw~ hsreunder p of the oblf~~tion sa- Nf!!I FINfbY lMII at any time thereafter be held to be a waive+ of the terms hereof o~ of the instrument secured herby. . 11. tn addition to the fwego:ng monthfy payrtxnts of princ'pal and interest required by fhe p?omissory note secured hereby, rtarigagw covinanfs ared agrees to piy to morlgagee with each monthly payment an add~ranal sum estimared by mortgayee to be eqvat to 1/12 of th~ ann~al cost of the fdlow- iny: A-NI re~l property taxes levied or asussed agai~st the above described reat estate. ; 8-Premiums on ('ue and windstwm iosurance as F?erein requ~red to be carried on the improvemcnri situate on the above dewibed premises. C-Premiums on such mortgage gwranty iruvrance as mortgagee shall from t~me to time derm fit to carry on tF~e ban ~ecured hercby. 1Mortysgee shall from time to time notify mortgagw in writing of the amount due ae~d pay~bte hereunder a~d suth-wm shall thereupon be due and payable on the due dste of the next monthly paymeM and each svuessive month thercahe~ vr.til mortgsgee shall notify matgagw of a change in such amount. Such sums shall be applied by mwtgagee toward the payment of reat propeny taxes, insurance prcm~trmt, and mortgage gwranty inwrsnce premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has t+ereunto set his hand snd seal the dey and year f ifore id. ~ Sgned. Sealad ~nd delivered in the pesente of: ~ • ~ ~ n ~ is E. Bolin, a single adu]~Nn ~ ~.q r~~ STATE OF FLORIDA ~ , cour~rrY oF St. Lucie 8efwe ms perwrally appeared ~'tis E. Bolin, a sin~le adult ~ I~p~ to me well krawn snd known to me to b~ the ln~vidual described i~ ~nd who executed ths f«eyoirg initrumant, and acknowledped befwe me tMt .he txecuted the sar~ fo~ tl+s pwpoaea therein a:pres~ed. ]t~ WITNESS my hand and offici~l seal thi~ day of q A. D. 19~ a ~ Notary Public in snd i the State,e florid~ ~t larps Retum To: My Commiuioo ~xpir • ! FiM f~denl Saviry~ 3 loan Atsotiation ~ Of fon P~e~ce. s,F?Y PUBUC. STATE d FlORtOA at IAP.GE Fort Pierce, Florida 4;Y COMMISSION fXPIRES IAN. 7, 1977 ~ aur~ B!l Amoc~w ~I~tor f~ „ , ~ _ • ~``,~i:`t~~uririii~~' ~ This Instrument Prepared By Cgrol B. Burns ~~`•"'`y~;;1.=,..,3~r~'`~''~ ~ . First Federal Savings E~ Loan Association y•~~ ''}=j = of Fort Pierce ~ Flo1"id8. ~~~~01~~~~~~~~~ ~ ~~'-1~..'r•' V = . ~ i-~1 . J ~ S f,-~~ ~o~t~ ~o~r~~~ ~ Q ~=e " ` ; G : Checked By !lK QiRC l 00Ullt ~ _ . ~ : , , . ~ ; ~ = ~rco~o v~~~i~~~,....~. ~ j ~ ~ . o _ . , o % ~ . ~v: ~ I~r I) 12 04 PM'Z6 -~.~6;''g~ti~~°~ r 4 n * ~ 0 ~ ~S,J 3~0312 ec~JK~s eacE - # ~ ~ ~