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Home My WebLink About0734 ~ ~ ~ equip~nent ~rxl pasonaily covN~d by this mort~ To pl~c~ and conr:m?o~sly ke~p on tM buiidinys now o? Mr~aitN ~itwt~ on iatd I~nd ind on dt ~ p~, with dl pemium~ ther~on p~~d in (ull, fire insu~anct i~ the u~ual tt~~dard policy forn+, tn a ~um approv~d by tF~e MORTGAGEE, and winditwm i~sw~ in tM uswi ~~snda.d pol~cy fam, tn a ium ~pprov~d by ~M MORTGAGEE, ln such comp~+y w oomp+ot~s as tM MORTGAGEE ~nsr dinctt aad NI fk~ w+d windswrm inw.ann polica~ on ~ny of f~id bYiWiel~s, Nly Illf~fq~ tlfMf111 O~ pM~ IF1f~p~, in tM py~cy~r~ wm ~fa~id o~ M~xass thK~of, ~hali contaln tM usud sund~rd mor~papN clsv~s w such o~lwr ciavs~ ~s th~ Mortga~ n+ay ~pu'u~. makinq tM bss undM aid pol~ ~ cia, ~ach ~nd ~v~ry. paY~bl~ w aid 1MORTGAGEE as its i~terest maY ~ppN?. and each and ~wry ~vch policy ~hall b~ promplly a».yn~d and dNiwr~d to ~ •ny h~ld by said MORTGAGEE ~s fvnha secu~ity to taid mat9~y~ debt, and, rat les~ tMn t~n l10) dayt in advaec~ of tM ~xpir~tion ol exh policy, ro d~- livu ro ~aid MORTGAGEE • nnew~l thawl, top~~hK with • rec~tpt (w tM premiwn of wch r~r~ewalj u+d tMn shall t» no f'u~ a winds~am inwranc~ ~ pl~pd on My of iaid b~iidinps, u+y in~~rtst thtrein a put tMnof, unl~ii io ~M fwm and with tM bss payabb u ~(w~saidt ~~d in tM ~v~r?t any tum , of mw»y becorn~s payabl~ vi+d~+ wd~ policy or policiss said MORTGAGEE shall Mw ~M option 1o nceive u~d apply ~M saeew on accounl of the ihd~btad ~ r n.ss s.cv..d'Mr•bp a a pe~mH s.d MORTGAGORS ro recsiv and us~ R or ~ey p~~t Ihereof fo~ oiher pu~poses, wi~hout Ihereb/ waivi~ig a Nnpai.• . inp an~ pvi~y. U~n or riyh~ under or by vi.tw of flw morrpp~: and M tM ~wnt t~Id MORTGAGORS fhall for ~ny nason f~il fo keep 1M uid pr~misea so tnwnd, o~ t~il b d~livar promptly u~y of said polities of insurancs to aid MORTGAGEE. a fail promptly to pay fully ~ny premium 1M~efa a in a~y ryp~ct Isil b paforn~, discharg~, ~x~cv~~, elf~ct, compkts, to+nply with and ~bid~ by this covenant, or any psrt hereof, sai~ MORTGAGEE may place and ~ pay fw wch irouranct w~ny put tht~~of without w~iviny or ~fi~cti~+p ~ny option, li~n, pu~ry, a ripht under or by virtw of thii Nb.+~ape. ~nd tF+e s.~ , full arnv~nt of Nch and ~wry such paym~nt shsll b~ immediately dw and p~yabb ~nd ~hall.b~~r intere~t t~om IM d~t~ the~eof un~if paid at the rat~ ol 1. _ j ~ nint pN c~ntvm pK ~nnum and ~ope~her with wch iotaesl ahall b~ secwed by the tie~ of this mortysye. 1. To p~rmlt, comenN o? wf(er no wash. Mnp+irment p deteriwation of uid propary w u~y p~A thereof. ~ i S. To pay atl uid shp~lar tM cosn, charpes and expenses, includirp a ressonable anai»y i fe~ uid costs of sbstracts of title, incwr~d or patd ~t +~y ttms by said MORTGAGEE, b~tauu ot in the tve~t of tM iailure on 1h~ part of tM said MORTGAGOR to duty, promptty and futty perfwrn, diiclwrg~ execvt~. ~Fi~d. tomplet~. comply with and ~b~de by e~ch and every ths ~tfpulations, ~g~eements, ca~ditam. ~nd aovenann of said promi~wry rate ~nd thi~ mortpp~ ~ny a eithe~. u~d ~;~d ros~s cMr~s and ~xpenses, each ~nd ~very, sMll b~ immediaely dw and paysbl~t whethe~ w not there b~ ~o~ice dQ mand, ~nempt w co1tM or wit pt~d~npJ ~nd tl» full arno~rnt of e~ch and every such p~yen~M shall be~. interett from tM date ther~of until psid ~t the ra?e of ~;n~ p~~ cenwm pa arow+n; and all s~id cos~s, char~es and expenses ~ncurred or paid, ~oyethsr w~th such intere~t, shall bs secured by tFw lien of thi~ ~ "'°'ro+p~- . ; 6. Th~t in t!w ~wnt of any brQach of thb Mwtpape or default o~ the part of ths NIORTGAGOR, or (b) i~ the ~vent any of ~a~d sums of money ~ herein t~ferrd to be eot prornptly and ivlly paid within th~rty (30) d~ys ~xat afta the same severaUy become dw ~~d payable, wi~hou~ demand a notice. y or in tIK ~ve~t each and every tM stipulations, agreemenri, cwid~tions and coven~nn of sa~d promiuory note ~nd th~s mortyape sny a either ~re not iuly, promptly and fvlly psrformed, d~xMarged, executed, ~ffccted, completed, complied tivith and ~bided ~iy, then in either w~ny such ~wm tM said aQ greysM wm meetioned In said promissory nota then remaininp unpaid. with interest acuued. snd all moneys iecured hereby. sl»II becom~ dw and pay- ~ble fwthwith, W fFIQfNffK. a4 ths optan of iaid MORTGAGEE, ~s futly and completely as if all of the said wms of money were w~yinally s~~putated to ~e_paid on such daY, anythirg in said promiuory note w i~ this Matgags to the contruy notwithstendinp; ~nd ~hereupon or thereafte~ at tM option of said MORTGAGEE, without notice or demand, svit at law u irt equiq, therefore ot the?eafter begve~, may bs prosetuted u if all ma~ers setured hereby had matwed prqr fo iq institution. 7. That in th~ evanl that at ths begiening of or at any fime pe~ndirg ~ny suif vpon fhis Mongsge, a ro fweclose it, o? ro reform it, w fo enfwc~ payment of ~ny cbims herwndar, said MORTGAGEE shall apply to the Coun havi~g jwisdiaion thereot for tlw appointmeM of • Receiver, t~ch Court shall forthwith ~ppoint a receivN of wid mortpagad prope~fy al! and sinpular, includ~r+g all and sinyular the income, profits,'iswes and nvenvet from whattver source derived. each and every of vrhich, it beinp expreuly understood, is hereby mat9aged as if specifiully sN fath and dewibed in the yr~ntirg a~d habendum tbuses hereof, and such Receiver sha~l have all the broad s~d effective functions and p~we~a in ~ywise enfrwfed by a Courf ro a Receiver, and such appointment shall be made by wch Cou.t as s~ admitted equity and a rr~tter of absolute right to said MORiGAGEE. ~rd without reference to the adeqvacy o~ inadequacy o? the wlw of the propeny mw~gayed w to the sowency w insolv~ncy oI saW /NOitTGAGOR a the date~danb, and ~haf tuch renrs, p?ofin, income, iswes and revenues thall be applied by such Receiver accwdinp ro the lien or equity of taid MORTGAGEE and the practice of such CouA. . 8. To d~!y, promptly and fully pe?fwm, discharge, execute, effect, complete, comply with and abide by each ~nd every ths stipulatio~s, agreem~nn, , cond'rtions anci covenanrs in said promiuory note and tnK mortgsge set forth. ~ I 9. iFwt in the event the ownership of the mortgaged premises, or ~ny part flxreof, becomes vested in s penon other than the MORTGAGOR, the . MORTGAGEE, ib succeuas ind auigns, may, without notice to the MORTGAOR, deal with such succeuor or successw in interest wifh refcrence ro thw ! mort9a~ and the debt hereby secv~ed in the same mannet as with Mwtgagp w~thout in any way vitiatinp a diuharginy fhs Mortgagors' liability hera under or upon tAe debt hereby sea,rcd. No sals.of the premixs hereby mortgsged and no fabeara~ce on ~he part of the MORTGAGEE or in succes».i ~ or ss:igm and no extension of the time for the paymen? of the debt hereby setured 9iven by the NWRTGAGEE or its wtussors or auigns, sMl) opaate ro rolease, discMrye, rteodify thanye w affect tht wiyinal Iiabiliry of the MORTGAGOR herein, either in whole w in psrt. - ~ 10. It b specif~celly agreed that Yune is of the esxnce of this contrsq and that no wsive~ of any oblgation herev~kr or of tM oblipatan sr ~ turzd hareby sha~l al ~l~r iirt~p Ihere~Her oe ixid to be • waiver of the terms i~ereof a of the instrumeM aeNred haby. # 1 I. In additan to the fwego':ng monthly payme~ts of prin~ pal snd interest required by the promissory rqte secured hereby, matgagor covenants s and agrees to pay ro mortgage~ with each momhly payment u? add~rion~l sum estimated by mortgagee ro be equal to 1 f 12 of the am~sl cost of the tolloyv- ing: ' A-AU real property ta:es kvied w asxs:ed against the above described real estate. B-Pr~iums on fi~e and windst~m insurance as hercin rcqu:red fo be wrried on the improvements sitwte on the above desuibed premisea_ t C-Premiums on such morrgage guaranty insurance as mortgagee s}1a11 (rom t~me to time deem fit to carry on the loan secured hereby. AAwtgagee shall from ?ime to time notify mortgagor in writing of the amount due and payabk hereunder a~td strth sum shsll there~pon be due and payable on 1he dUc dare of ihe ne:t monthly payment ~rxl'each sOCCessive rtanth there~fier until mortgagee shall notify mortpsgw of a charge in such ~amount. Such wms shail be applied by mortgagee toward the payment of real prope~ty taxes, insurance prem:ums, and mortgage gvaranty inw~snce premiurt?s. IN WITNE55 WHEREOF, the said MORTGAGOR has F?ereuMO set his hand snd seal the day and ye int aforesaid. - Siyned, Seskd and delive~ed in the pesence of: f o Rfco~oEO : .c ~k_ _ • 1,vr,. ~ s~tuc~F couMty fu. Ch . 1 +ry ~ ; IlOCEB PORRA~S Rt ~ ~ c a~ etsaWO ~i,~, n ~ ~E~p YERIffE Rober ta L. Palmer ` ~ a PM'~~ (Sea4 i STATE Of FLORIDA 1 ~F~~ 22 3 ~ COUNTY Of $t . ~.11C2Q j . ~ ~fae~ Charles W. Palmer . ~ penonally appeared ` ` . . ~ ! Robe r t a L. Pa lme r hn wx~. ~o ~n k~ '.;~a. k~'ia '~w}p~y. ~ the individwb desaibed in and who executed the faepoinp instrument, and ~dcnowt bsfore me that they exacut~d saDe~ for ,~•'p1Fpp~is ~ rherein expressed. And the s~~ Reharta Pal~ar ~ • ~Q~ : s . ' w~fe of ths ssid Gharl - s W~ Pa lmor ~,S_~ • ~ _ € examinaYwa by me taken upsrate and apart from her said Iw •~d, adcnowledged to snd befwe me thaf she executed h v ~ ~ f rarily u~d witho~t ~ny compulsion, constraint, app?e a e~r of a from her si bsnd. V-• ~ O x ••.~~?L- i ; WITME55 my Mnd and official seal t' d~y ~ - ~%i•. a ~ i ' ,~-,~i' ~ y ,.0~``~ ~L_. J Notary Publ'K in ~nd for the Stafe of flor' ~`N~ pe My Commission expires: Re~rn To: ~ ~ S~t! O+ fint fede~al Savi s 3 lwn Auociation ~ a~ 4r~ Of fort P~erce. ~y~~ ~ ~3 ~98 , Fwt Pierte. Florida 4~MA~~ ~ 3 . ~°~y? . _ This Instrument Prepared By Carol 8. _ Butns j First Federal Savings b loan Association ~ of Fon Pierce Flozida ~ ! ' i ' Checked By ~"Z - C~ - . P~1 ~ ~ E.., ~ '732 ~ , :t , ~ ~