The URL can be used to link to this page

Home My WebLink About0716 J. To place and con~inuw~ly keep on the bu~'J~nga now or Mre~ft~r ~iw~ts o~ ~a7d land ~~d on ~11 cq„ipn,enl ~nd penon~lly cover~d by thi~ matp~ p~. with ~II pramiums thereon pa~d in (ull, hre infu~ance In the utwl ~tuxlud po~icy torm, in a sum ~pwov~d by ~M MORTGAGEE, ~nd w~ndsrwm ~ns~uanu tr? iM uw~l i~andard pot.cy form, in a wm apprOred hY ~ha 1N~RTGAGEE, in svch. company w canpan7y ~s tM MO~tTGAGEE may dinctj and all (ir~ ~nd w~nd~?o~m insuranc~ polK~e~ on ~ny of ssid buitd.ny~. sny inqn~t ih~rein or par~ thereof. in tM ap9rey~~~ wm alpt~aid a In ~xcN~ ~hereof. ~MII con~ain th~ utwl sta~ul~rd ma~9egee ci~uie a~uch o~M~ tl~us~ a~ th~ Mp~ype~ m~y requ:r~. m~?inp d,~ to~~ unda u~d pot4 tih, eath and wNy, p~yabi~ to t~~d MORTGAGEE af ~tf intcre~l m~y app~u, and tach snd wery ~uch porc~ ~I+at1 b~ p.ompNy ~u qned ar.d dtliw~ed ~o ' ~ny held by ~id MORIGAGEE as tw~Mr ~~curity to iaid mo.tqag~ debt, ~nd, not lei~ than ~~n (10) d~ys in ~dvanc~ o( ths ~xpi+ateon o1 e~ch policy, lo dr 4 i~v~ i6 said 1~lvitiisi~ia[f • renewN ths~eof, fogethN w~th • rete~pt fOr tM prtmivm of wth ~enew~l; at~d ther~ shall be np fue or winds~orm inW~~nc~ . p~~ced on ~~y of s~~d bv~Idings, ~ny infern~ th~r~~n w pa~~ tha~~of, unless in tM form ~nd w~~h tM lo» payabl~ ~s ato.euidt ~nd in tM •vff11 a~1Y ~un+ of enon~y becpmy pay~ble unJ~~ such polky or pol~c~a said MORTGAGEE shall Mve ~M opt~on ro rece~ve ~nd apply tM ~ams on ~ccoun~ ol ~M indebted~ • n~ss iecured h~~eby a w perm:t s~;d MORTGAGORS ro receive and uu it a aoy par~ ~hereoi !or ofher puryoses, w~ihout ~he•~o~ wo~.ing or ~mpa~~- i~q any pu~ty, li~n a righl ~nde~ a by virtue of ~hii mo~!~a9e: •nd in ~I» ~vero ie:d MORiGAGORS ~helt ta ~ny reason fail to keep tha ~a~d premiie~ w inswed, w(ail fo d~liver prpmptly any o) taid ppl~cie~ of insv?ante to ~sid MORTGAGEE, w(a~l promplly to pay (ulty ~ny premi~m therefo~ p in any reipect fail b pt~(am, discharge, eaecu~s, e}fect, complete, compty with and ~bids by thli cov~~ant, a any part htreof, ss~d MORTGAGEE m~y pl~p •nd p+Y fo? wch insu.~nte w~ny part 1he~eof wi~hOUt wsiving w affactinp ~ny optid+. lit~. eq~ntY. or right under w b/ virtu~ of 1hSs Moregp~, and ths full amo~rnt of e~ch and ~ve.y such paymem ~hall be ~mmed~~~ely dw and payable and shall beu i~tereu f~om tha d~te thereof w+~il pa~d a ~M ut~ ol ti ~~ne pet ~etNUm per annum and together with ~uth interest sha11 tx secured by fh~ lien O~ thit mortpayt. To permil, commit or wiier no wa~ts. impai~ment o~ deterarat~on oi ~aid properry w ~ny pan d,e.eof. 5. To pay all ~nd unputw tM co~ti, cMrges and expenses, ~ncluding a reesor~able attwney's Iee ~nd costs of ~b~+racts of titte, incurred or p~id at •ny time by said MORiGAGEE, because a in ~he ev~nt of Tha (aifurs on the part of ~ha saief MORTGAGOR ro duly, promptly and fully per(am, d~uharqt. e,ecutt. ettM. complef~. comply wnh and ab:de by each ~nd every the atipulat~ons. sgreements. cond~tiaq. and covenanq ot s~id promiasory noN ~nd thif m«rgape ~ny o~ e~~hc~, and sa~d cosn, charyea and eapenses, e~ch and every, sMll bs immed'utely dvs and payable; whether w not the?t be ~ot~ce da mand, attcmpt to collect a wit p~nd~ng; a~d rht full amovnt of exh and wcry fuch paymeM fhall bea~ interes~ from the daq thereof until pad ~t th~ rau o~ nine per centum per annu:n; ant! all taid costs, chuyes and capenses incurred or paid, together w~lh iucA inler~st, shall be ~ecured by tM li~n of tha mwt9p~. d. Thaf (a) in tM event oi any brexh o( this Mortgage w default on the part of the MORTGAGOR, or (b) in the event ~ny of sa~d twnt of money herein re(erred to b~ not promptly and tuUy paid within Ihnty {3p) days nex~ af~e? the same sevcraHy become due ~nd payable, without dernand a not~c~, or (U in the event e~ch and every the sripu:at~ons, ayrecments. co.~drt~ons snd covenams o} sa.d prom~ssory note and th:s mortpa9e ~ny a ti~Aer a?e nw ~vty, prompily and Ivlly pe~fwmed, d~uAarged. e,~ec~ted. effected, completcd. compl~ed with and ab.ded Sy, then in e~ther o~ any ~~ch event tM sa~d aQ gregate wm mcntioned in said prom+sso~y noie then rema~n~~ unpa~d, w~th intereil acuucd, and all moneyi secured hereby, sh~IJ becoms due and pay- eble fathwith, p therea(tcr, at ~he opf~on of said MORTGAGEE, at tully and complNely as if all of ~he said sums of money were dginally tt~pula~ed to tle pa~d on such dey, anytAing in sa:d promtssuy note w in this Matgage to the conrrary notwithstanding; and thercupon or the~eatter ~1 the optlon of sa~d MORTGAGEE, wirhovt notice or demand, suit at law w in equ~ty, there(we or thereaiter be9un, may be prosecuted as if •II money secured hereby had matured pt~pr fo ~ts instifurqn. 7• TFut in the event tMt et the beginning of a at sny time pending •ny su~t upon this Morrgaye, d to fpeclos~ if, w to reform it, or to enforp payment of any dsims herevnder, sa'rd MORTGAGEE shall apply to the Covrt having jur~sd.v~o~ thereo} fw the appo~ntmem of • Receiver, iuch Cwn shall forrhwith appant a receive? of said morlgaged prpperty a~l and singutar, irtclvd~ng all and ~ingular the income, prof~IS, isfues and revenues ~rom whstever wurce derived, each ~nd every of whKh, 1r be~rp eapressty understood, is he~eby mwtgaged ai If speufically set faih ~nd described in the granting end habendum clavses hereof, ~~d such Receiver shall hare all ~he broad and efiecrive funce.ons and pov~ers in anyw~se entrusted by a tourt to a Receiver, and s~ch sppointment shall be made by such Gourt as sn adm~tted equity and a ma~ter of absolute r~gh~ to said MORTGAGEE, ~nd witlwut reference ~o the adequacy w inadequacy of ~he valve of the property mortgsged w to the soivency or ~nso!Yency of said AItORiGAGOR p the defendants, and rl~a~ such renrs, profits, income, issues aod ~evenve~ shsll be appiied by such Receiver accord~ng to thr tien w equity of said MORTGAGEE and the pr~aice of such Covrt. 8. To dufy, promptly ar~d futly pertorm, d~acharge, execute, effect, comptete, comply w~th ~nd abide by each ~nd every the stip~?latiorts, aqreementt, conditions s~d covcnanrs in :s~d promissory note and fh~s mortgage set forth. 9. ihat in the event the ownership ef the mortgaged premises, or any pa~t thereof, becomes vested in a person other than the MORTGAGOR, ths MORTGAGEE, i?s successo.s and ass;gns, may, wi~hout nor~ce to the MORTGAOR, deat w~th svch successw a successor ~n i~terest wi~h reler~nce to thi~ m.o~tgage-and rhe deb~ hereby setur~d in the ume manner as with Mortgagw without in sny way vit~atiny p dixharg~ng the Mwtgagors' liability here- u~de? a upon ~he debt hereby secu~cd. No sale of the Fremises hereby morrgaged and no forbeerance on the part of ~M MORTGAGEE a its successors or assgns and no exrension of the time fa the p~yment of the debt hereby sccu?ed given by ~he MORTGAGEE o. its tuu~ssora or ~usgns, ?MII operats ~o refease, d~scharge, modify change o~ affe~t the priginal liab~trty of ihe INORTGAGOR herc~n, either in whole w in put. 10. It is spec~f~cally sgreed that time is of the esx++ce of this cont~act and thaf no wsive~ of sny obliyation hereunder w of tM oblipation se- cu~cd hereby sMli af any time thercai~er be held lo be a waiver of ~he terms hereol or oi the instrument secu~ed herby. 11. 1~ add.tion to the fptgo ru~ monthty payrnents of princ pal and interest req~ired by the promisso?y no!e srtured hereb~r, mortgagor covenanta and agrees to pay to mo:tgagee v~ith each momhly payment an add.rionsl aum esr;mared by mortgagee to be equal to 1/12 of the annuat cost of the foliow- ing: A-All r~al property ta:es kvied or assessed aga~~ss thc above descnbed real estate. ~ B-Premwms on f~re artd windstorm insurante as here~~ ~equ~red to be carried on the ~mproveme~fs s~tuate on the above dtscribed premises. ~ i C-Prem~un.s on such mortgage guaranty insura.:ce as mortgagee shail from t~me to :ime deem ?it to tarry on the foan secu~ed hereby. Matyagee shall from fime to tirne not;fy rrwrtgagor in writing of the amount d~e and payable hereunder and such surn shall therevpon be due ~nd ' ' Fayable on the due dete of the next monthly payment and exh,successive mon:l* the~es(ter until rtprtgagte sMll rqtify mortgaflo~ of a chanp~ in sucF~ ~ amwnr. $uch sums sFa:l be appGed by mortqagee roward the payment of real prape~ty laxes, in:ursnce prem:oms, and mortgaye guaranty insurance p~emiums. ~ IN WITNESS WHFREOf, the said MORiGAGOR has herevnto set his hand and seal ihe day and y firsf afpesaid. i Sipned. Sealed snd delivered in 1he pesenu of: ~{~p J?!t0 ~fGOROE~ , 1T. WC1E COUlITY f1.A. G l/ ~l~ .b i lIOCE'•• ~41TR1?E Cl.EAK C~n~~W ~ WttRT . ~r e cs~.q ~ - - RfC0110 VC~~i~E~~...~.•• ' ~ , ~t~? Eu a LaWrenc Oec li 9 s~ Y;'1~ . _ ° ~ STATE OF FLORIOA ~ r ' , . ' ~ ' ~ ' ~ ` V i f/ cour,n oF ~t. LLCie J+~~).~.~ ~ Greeory H. LaWrence ~ ~ ~ ~ : Befpe me personally appsared : _ . ; • , : ~ 1nd ~ Eugen ia Lawrence - N ~ ha wire, ro o+e we~~ kr(c,wn .na known ~ n~ to b. ~ the individwfs described in ~nd who executed the foreyoirg instrument, and acknowledged before me that tF?ey execdt~' s~mg fpr fM pytpoye~ ~ ~herein e~cprested_ And the said - EileQtl.i3 ~Ff2'~T1G6 = ~'7 ~ 1` ; - ~ w~fe of ths said Ct~POr~rv Ti. Iawrence ~ M snd privat~ exam~natan by me ta4en separate ~nd apan from F~er said husband. ~cknowkdged to snd before m~ that ihe executed said iry}rum~nt hed~i and voluo- E tarity and w7thout ~ny compirlsion, constraint, apprehensiw?, q feu of w from her said huiband. i ,f WITNESS my h~nd and official seal this_ ~7 ~ day of December Q. 19~(~ ~ Not y Public in for fhe Sute of Florid~ at l~rpe Retvrn To: . MY ~on xpires: fint Fedenl Savinys 3 Loan Associat~on " • • . - _ : Of Fort P:erte. . ~ ~ Fort Pierce, Florida , ~ ' ~ - ~ . _ . , i r Q~~ • r ~ ~ i ; This Instrument Prepared By Gai~• M. Dobbs ; First Federal Savings 8 loan Association of Fort Pierce ~ ^1or3da `~Q' ~ ~ ~ '7~4 checked By ~ PACE - ~ ~ F ~ j . i s , ~ ~