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Home My WebLink About0029 To pl~c~ and continuously ke~p on tl+~ build~ngs now a her~af~N Nfu~te or tia~d Isnd and on ali equipment ~nd pe.wnally covered by this mat~- sy~, wilh ~II premiums thttea? pa~d in 1ull, iir~ i~~~r~nte in 1h~ uswl sundard polky form, i~ a aum app~oved b~ 1he MORiGAGEE, u+d wind~tarm insw~e~c~ in ti» u~wt ~undard pol~cy fam, in • ~um approvod by ~M MORTGAGEE, in, such compsny or car+pan~~a ss tM MORTGAGEE may , dirMt ~~d all firo u+d w~ndsrwm inw.ano~ polici~i o~ any of se~d build~npa. any ina~•~t ~herejn or per~ ~hercof, in ~M agprep~t~ tum afor~aid a 1~ ~xpss the~eof. fhall coni~in the usual it~ndard matyagee~claus~ or sucl? ott+er cl~vs~ ~s ~M Maf9agee may ~eqv~n. ma~ir?p IM b~~ undN sa~d poli~ cta. ~ach and eve~y. paYabt~ to s~id MORTGAGEE af ib interett nuy ~ppea~. and each ~nd we.y such po~~cy shall b~ promptly au yned and delivered ~o •ny Mld by sa~d MORTGAGEE a~ furthK ~ecu~ity Io said mortya~ debr. ~nd. ~ot kss t!?~n ~~n (10) dsys in advarxe of ~M •xpirat~on of e~ch policy, ~o de- IivK to aid MORTGAGEE • raawai therwf, tofl~?ha wi~h a receipt for the prem~wn of ~vch ~erwwat; and there sF~,be no f~~e ~o? winds~am inwranc~ plaqd on ~ny of taid b~ildinp~, any iotassl tMr~~n or parl thereoF, ~nleu in ~M form •nd with the loss payabte as afaetaid; artd in the event any sum of moMy become~ payable under such policy w polrcies said MORTGAGEE ~hall have tM op~~on to receive a~xi apply the ssm~ on account of tAe ind~bted~ nNS acur~d i~~by or b ptrmit said MORTGAGORS to ~eteiw and us~ h p any part the:cof for omcr purposes, w~~hoot tha.c.ui waivi~~g or ~mpair- irq anr p~ity, li~n o~ right unde~ or by virtu~ of this mor!yape; and in ~he ~v~nt said MORiGAGORS shall (w sny reawn fail to keep the uid p~emisas w j inwred, q fail to delivN promptly ~ny of said policiet of insurarxe ro said MORTGAGEE, a iail promptly to pay fulty a~y p~e~nium ~herefor a io any respecl (~il b ptr(am, d~schar9e, ~x~tute, ef(ec1, complete, comply with ax! abide by this tovenant, or any p.+rt hrreof, said MORTGAGEE may plate and _ psY fw such imu~anc~ w any part thereof without waivinp or ~fixiinp ~„y option, litn, equ~ty, a r_ipht u~der or by virtue of thi~ Mongags. and the full ~M of each and ~very such p~ymsnl sMll be im~r~ediately dus and payaWt end shall besr inte~est from ths date IF?creof until paid at the rate of nine pe~ centum pK ~~num and together with suth interest sha~l bs securcd by tM lien of this mat9s~e. 1. To permit, canmit a wffp no wut~, i~np~irment w d~terior~tion of wid property w~nY p~?t tF~ereof. S. To pay ~II ind Nnpular tM cost~, tMrg~s +~d expe~ses, intluding s ressonabl~ at~orr+ey a fee snd costs ot sbstrads o( title, incurred w paid at •ny time by said MORTGAGEE, .beuus~ w in the evMt of the (ailure on the part oi ~h~ said MORTGAGOR to duly. P~omptly snd fu11y perform, d~scharg~. execut~. ~ffetl. tomPl~t~. tanply w~th and ~bid~ by each and every the stipulstwns. ~greemenn, conditions, and covcnanb of uid promissory Iq10 ~MI ihii mw~y+pe sm w ~i~ha, ~rxl u~d costs, char9es and upense~. cach end every, thall b~ immedia~ely due and p+yab!e; wheiher or no~ the.e be ootrce de mand attempt fo tolkct w tiuit pendinpt +M! the ful) amount of tach and wery wch paymeM shatl bes. interesl Irom the date thereof until p~id +1 the rate of nine per ce~tvm per an~~um; and all said costs, charges and expenses inturred a paid, topelher w~th such interest, shall be sKUred by tM lian of thii ^+art~p~- 6. ~t (a) in ti~s eveM of any b~each of this Matgage w defr.,lt on tM pa?t of the MORTGAGOR, w(b) in the event any o~ ss~d sums of money herein r~ferred to be na prompdy and fully paid within thuty (30) day~ nex~ affer th~ same severally become due and payable, without dem+nd or notice, or (c) tn tM event each and every the stipulatioro, ~grecme~ts, conditions and covenanb of sa~d promissory note snd th~s mortgage any a either s~e no1 iuly, promptty and fully pe~formed, d~xharged, executed, effected, completed, complied wirh and ab~ded ~y, ~hen in e~~her a any such eve~t ths s+id ag preyat~ wm mtnfioned in said promissory note tha~ remaininp unpaid. with in?e~est xuued, and all ma~eys secured hereby. shsll becoms dw a~?d psy- able forthwith, o~ thereafte~, at Ihe option of said MORTGAGEE, ss fully snd completeiy as ii all of the wid sums of money were orginatly stipulated to be pa~d on s~th day, anything in se;d promiuory note or in this Mortgage to ~he contra?y notwiths~anding; and ~hereupon w the~eafter at the optia+ of said MORTGAGEE, without notice or demand, tvit at Iaw p in equity, tF?e~efore or thereafter begun, ma' be proxcuted as if alt nwneys sacured hereby had matured prar to its institution. 7, ih~t in the event thsf at the beginning of or at any time pending any s~i? upon this Mortgage, w to taeclose it, w to refwm it, or to enfwce payment of a~+y claims he?eunder, faid IAORTGAGEE shall apply to the Co~rrt having jurisdKtion thereof fw ~he apPo~ntnxnt of i RKlivN, such Cou?t shall . Forthwith appoint a reteive~ of said mortgayed property all a~d singular, includ~rg all and singular the income, proflts, issues and revEnues from whateve~ •ourc~ derived, exh a~d every of whicA, it being expreuly understood, is hereby mortgaged as if specificalty set forth and deuribed in the y~a~ting and habendum da~ses l+ereof, and such Receiver shafl hsve all the broad +nd effetrive funct~ons and powers in er.ywise entrusted by s Court to a Rtteiver, and such appointment shall be made by such Co~rt u an admitted equity and a matta of absolute r~9ht to ssid MORTGAGEE, and witkout ?eference to the adequscy or inadequacy of the value of the properry monga9ed w to the so~verxy w i~solvency of said MORTGAGOR or the defend~nts, and that such ren~s, profits, income, iuues and revenues shall be applicd by such Receive~ accord~ng to the lien or equity of said MORiGAGEf and the prxtice of such Court. 8. To duly, promptly artd fully periwm, discharge, execute, effect, cxnp~ete, comply with and ab'de by each and every tM stipu{ations, ag~eements, coodit'aro ~nd covenanrs 7n sa~d promissory note and this mw~gage iet fwth_ 9. That in the event the owcenhip pf t1~e mortgaged premises, or any part thereof, becomes vested in a penon otixr th~n the MORTGACaOR, th~ MORTGAGEE, ib sucussors and assigns, may, wi~havt notice to the MORTGAOR, deal with such suctessor ar successa in interest w~th referenu to this mwtgsye and the debt hereby secured in the sune manner as wiih Mortgagor without in any way vitiating or dixharging the Mortgagors' liability here- under u uQon the debt hereby secured. No sa~e of the.Fremises hereby mortgaged and no (ortxarance on the part of the MORiGAGEE w its s~ccess~s or auigm and no exte~sion of the time for the paymenf of the debt hereby secured g~ven by the MORTGAGEE or its ivccessors or assigns, shall operate to rekase, dixhar9e, modify thange w sftect the original IiabiGty of tF?e MURTGAGOR herein, either in whok w in part. ~ 10. It ii specifically agreed thst twne is of Ihe essence of thia contrsct and that no waiver of any ob~igat~on herevnder a of the obligation sr cured hereby sAsll a~ any time tfxreafter be he{d fo be a waiver of the terms hereof or of the irotrumeN secwed herby. - 11. In addition to the (wego:ng monthly payments of princ'pal a~d interest required by the prom~ssory nore secured hereby, mortgagor covenants artd sgrees to pay to mortgagee with eath monthly payment an addirional sum estima~ed' by mortgagee To be equal to 1 j 12 of the annual cost of the ~oitow- ing: , A-All real property taxes levied or assessed against Ihe above descrilxd real estate. B-Premiums on f~re a~d windstwm insurance as herein requ~red to be carried on the improvements situate on the above described premises. ! C-Premiums on such mwtgage guaranty insurance as mwtgagee shali from time ro time deem fit to carry on the loan secured hereby. ~ Mortgsgee shatl irom time to time notify mortgagor in wriGng of the amount due and psyable hereunder and such wm shall ~thereupon be due and I payable on 1Fro due date of the next. monthly payment and each suctessive month thereafter ur.til mortgagee shall notify mortgagor of a change in svch ~ amoont. Such sums shall be applied by mortgagee`toward the payment of real properry taxes, insurance prem:ums, and mwlgage guaranty inaurance ~ prpmlufllf. - IN WITNESS WHEREOf, the ssid MORTCaAGOR has hereunto set his hand and seal the day and yesr first aforesaid_ Sipned. Sesled and delive~ed in the presence of: ~0 r ry . ar o (Seaq Audre . rlowe ~,p STATE OF FLORIDA ~ St. Lucie ~ ss. ,y ':~:~~i„J`'~:: courmr oF ~ . . : Jerry C. Barlowe • ~f'• Befwe me personally a ared ~T, . : ~ • Audiey G. Barlowe h~: wife, ro;,,~ ~t+.~ ~oa~~a~a ~o ~ the individwb described in snd who executed~ the fwegoing instrvment, and acknowtedped befwe me that t}ey ,~eicecuted tFa same fo?~fA{C p~rpoaes exa~d. a,d r~ Audrey G Barlo~ve f ; , , ; = - - wife of /M sald ' u'yj~ Y~ate~aod priv~t~ examinatroe~ by me t~ken separale and aps~t from he~ s~id husband, atkrwwledged to and befwe ms that she ex ~id„ instru fre~ ~nd volum rarily and withovt any compvlsion, constreint. ~ppreFronsion, w feu of or from her said Fwsband. ~y~~ `;`~ti~ . WITNESS my hsnd and offlc;al seal this 27th day of s ~ ~ A. D. 19~Z ~ ~ - .~~fi~~F~A. Not Publ'ic i ~nd fw t State of Fbrida at larye ~A'Q /aws My Comm expirs: Retorn ro: ClEF1K t1RCUlT CQURt . ~nt fed~r+l Savinga 3 Losn Association °F'f.~i.n^~ ![=1F1~~..,....~- Of fort P~erce. SV~ ~ f~Ofl~ Fort Pierce, florida Sip t V 2 46 PM'~~ ~~~~~i ~~y. ~Y. Cr'~'~ G~~ This Instrument Prepared By Gaty F. fillwood First Federal Savings 8~ loan Assouation of Fort Pierce Q~~~S ~ ~ Fort Pierce, Florida 33450 Checked By ~ ~ ~ ~ ~ ~ mn