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Home My WebLink About0031 To pl~c~ and ca+Y~nua,sly kMp on ~he buifd~nps now w Mrea~ra fi1wN or ss~d land and on ~It equ~pmem •~x! pe?so~ally covered by th$ mwt¢ ~g~, with all pr~miwns ?hw~on pNd M fYll. fir~ insur~~te ~h~ u~w1 t~sndard pol~cy lorm, io • ~um +VPru~ed bv ~he MOR~GAGEE, and windatorm insura~ (n tM uwal s~~Med poGt~r taa1, N• ium approved by tM MORIGAGEE, in such company w comP+n~ei as the MORiGAGEE maY dinctJ ~nd dl i'u~ ~~d wind~toml. ~wano~ policie~ w+ ~nY of said bui~d~nys. +ny in~erest thsrein or parl ~hc~eof. in tM s~reQate tum afwefaid or in ~xons tMreo% ~hail coM~in ~~wl 'stw+drd mor~p+yM claus~ a ivch o~1+N ti~w~ as tM Mw~yagcD may requu~, ma?~np ~M tou unde. fe~d poli- cip. Mch and ~w~y. p~YaW~ lo MORIGAGEE it~ Inlera~ may ~ppear. ~nd each u~d evay ~uch poticy ihall b~ p~omptly su pnea, a.+d daliver~d ~o ~ aW~ .oy h.W by s.~d MOaTGA4EE N IwtiN? wo~xM1? lo ajd maWW~ d~bt• ~^d. no~ Nu tha~ teh (10) dayi in adYance of Ihe •xpir~t~on of each policy, to de- liwr to uid MORTGAGEE-• rM1wa1 tAM~0/. 100NhK with a receipt fw ths pemium oi tuch renewal; and ~here ahall tx no fire o~ windsto.m iniurante plac~d on My of Hid buildinps, anr interes~ the«in or put tMreo(, unlesi in the form and with tM loss parebte aa a(aesaid; and ln the tvent any tum of mw~sy becomt~ peyable unrk+ suth polity a pol~cies said MORTGAGEE shall Mv~ ths opt~on w.eceive and appty the sa+ne a+ accounl o( the indebted- neu ~scur~d FwtDy o? w pamit said MORTGAGORS to rcceive and ust it a~ny par~ ~hrreoF to~ omcr puryosrs, v:~~hout ~h_~~u~ wai~in~ a~~»pair- ing any p~ity, lien w ri9h1 under a by virtw of this mort~~qet a~d in tF» ~vent sa~d MORiG/1GORS sh~ll for any rea~on tail to keep the s~~d premis~s so insured, p f~tl b de~~va promplly ~ny of said policies of i~aurance to sa~d MORTGAGEE, w fail promptly to pay ivlly any pre~nium therefo~ a i~ any . . re~pect t~il ro p~rfor~, diichuge, •:ecut~, eff~, complrte, comply wi~h and ab~de by ~h~f covenan~, a+ny part hzreot, ia~d MORTGAGEE may place and pay fot ~uth insuranc~ w My part theraof withoul waivinp w~ffac~ing a~y option. lien, equ~ty. w~iyht unds~ or by virtue of this Mortgsge. and the full ~mo~n1 of each ~nd tvery iuth paymeM ih+~~ be irtwnedi~tely dvs ~nd payable ~nd shaU be~~ iMerest irom tha date the~eof until paid st the rat~ ot nine pN cenwm per annum and logether with such interest ahall bt socured by Ihs lien o( this mortyaye• 1. To permit, oomndt w wffar no wast~, imp~irme~t w deteraration ot iaid properry or any pan thereof. S. To pay d~ snd iinpulu ths cosb, chupts and expsnses, irxluding a reasa~abte atto~ney's fee snd cosq of sbstrscts of title, incvned w paid at any time by said MORTGAGfE, bec~uss w in the ewnf of the failur~ on 1M par~ of the ~aid MORTGAGOR to duly, promp~ly ~nd fully perfonn, dixharg~. eRaut~, ~ffed, compleu, ca~eply with and abid~ by eacfi snd every the itipulat~ona, agreements, cond+tions, ud covenann oi sa~d promissory note u+d ~hii muty~pe any p eithcr, ~nd sa~d costs, chupes +nd expenses, exh and every, ~hall be immediately due and payabte: whethe? a not tF?ere be noiice_ dr ma~d, attempt to colkct w wit psndinpt ud tM full amovnt of each and every wch payment iha11 bear interesl from the date lixreof until paid al the rare of nine per ccntum per an~wm; end all said costs, thsrges and expenus incurred w paid, together w~th such interast, ahatl be secured by the lien of this morf~~, Q TMt (e) in tM event of any bresch of this ~Ylortg~p~ a defa~f~ on ~tu put of the MORTGAGOR, or (b) in the event ~ny of satd ~ums of monay herein rofe~red ro be ~ot prompNy ~~d fulty paid within thi?ty (30) days next after the same stveratty become due and payabls, wi~hou~ demand w notice, or (c) in ihe eveM exh and evary the itipulations, ~greements, conditions and covenants oi sa:d p~omissory nore and th~s mortga9e any or either are not ~uly. promptly ~nd fully perfamed. discharged. execvted, eifected, completed. complied wi~h and abided 'iy. ~her+ in e~ther o~ any such eveM the said ag- greg~t~ wm mentioned in said promiswt~ note tl~en remaininp unpaid, with imeresl acuued, and atl moneys secured hereby, ~ha~~ betome dw and pay- eble fwthwith, a therc~fta, at ths option of said MORTGAGEE, as fully and completely as if all of the uid sv~ns of money were wgin~lly ttipulated to be paid on iuth day, anythinp in sa~d p~omisswy note or in this Mortgage to 1he contra?y notwithatanding; and thereupon a lhereafte? at the optio~ of said MORTGAGEE, without notite w demand, wit at I~w or in equity, theretore or therealter begun, may be prosecuted as if a!I moneys secured htreby had matwed prwr to its institution. 7. 1Mt in ths event that at the beginning of or ~t any time pending any wit uprn fh~s Mortgage, or to foreclose it, or ro reform it, or to enforce payment of any claims hereunder, ssid MORTGAGEE shatl apply to the Court having ju~isd+aio~ thereof iw tho eppo~ntrs+ent of ~ Receiver, such Gourt shall forthwith appant a receiver oi said mortgaged property all end singvler, inctud~ng all snd singutar the income, proi~ts, issues and revenues from whatever wurce darived, ead~ and every'of which, it bein9 expressly unden~ood, is hereby mortgaged as if spec:fkally se~ fa~h and deuribed in the pr~tiry and habendum clauus hereof, snd such Receive~ thall have all the lxoad and effective furtU~ons and powcn in snywise entrusted by a Court to a Reuiver, and such appointmeM shall be made by such Court a an admitted equily and a maner of absolu~e rlgA~ to ssid MORiGAGEE, and witFwut referencs to the edequaty w inadcquacy of the valve of the properry mwtgaged w to the soivency w insolvency of said MORiGAGOR a the defendann, ~nd that sucA rems, profits, income, iswes ~nd revenues si~ail be app3ied by tuch Receivcr accord~ng ~o the lien or equify of said MORiGAGEE and the prattice oi such CovA. " 8. Tb duly, p+ompNy and fully perform, dscharge, execute, effect, cemplete, comply with and ab9de by eac!? and every the stipulationa, sgreemenis, conditans ~nd covenants in w,d promissory note and this mortgage set fwth. 9. That in the event the ownenhip of the mortgaged premises, or a~y part thereof, betomes vested in • person other thsn the MORTGAGOR, the MORTGAGEE, ita successors and assigm, m~y, without notice to the MORTGAOR, deat with such succrssor a successor in :nterest wi~h rtfere~ce ta this mortgage and ihe debt he?eby setured in the s~me manner as with Mwtgayw without ln sny way vitiatirg w discharging iF~e Mwtgagors' liabilify here- under w upon the debt hereby secured. No ssle of the premises hereby mortgayed and no forbearance o~ Ihe parl of the MORTGAGEE w its succeuors or auigns and no extension of the tinx for the payment of the debt hereby secured given by the MORTGAGEE or its successors w assigns, shall operate ~o release, dischupe, nadify chanpe or affect the aiglnal liab~l~ty of the MORiGAGOR herein, either in whole or in part. 10. It is speNficatfy agreed that time is of the easence of lhis contract snd that no weiver of any obl~gstion hereunder or of the oblipatan sr cu~ed I~ereby sMll at any time thereafter be held to be a vraiver of the terms hereof or of the inauument srcured herby. 11. In sddition to the (orego:ng monthly paymeMS of prin~ pal and interest required by the prom~uory note secured hereby, mortgagw covenants and agrees ro pay fo mortgagee with each monthty paymeM an add~~ional sum eiGmated by mortgagee to be equa! to 1 j 12 of the annual cosi of the foliow- ing: A-All real property taxes kvied o~ asxssed against the above described resl estate. B-Premiums w+ fire and windstorm insunnce as herein requ~red to be carried on the improvements :ituate on the above described premises. If C-Premiums on such mwtgage guaranty insurar~ce as mwtgagee shall {rom tme to time deem fit to cauy on the ban sec~red hereby. - ! Matgagee sha({ fiom time ro time notify mortgagor in writing of the amount due and pavable hereunder and such sum shall the:eupon be due snd payable on the due date of ~he next monthfy paymtnt aod each successive month thereafter ur.ril mwtgagee shall notify mortgagw of a change in such emount. Such sums sF.all be applied by mortgagee toward the payment of reat property taxes, insurance prem:ums, a~zd mortga9e guaranty insurance p~emiyms~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his har.d and seal the day a year first aforesaid. Sgned, Seakd and delivered in the presence of: n~~ _ - ~f g a n n J ne r' • ~I.a~A1 - ''%r an : 1, , ~ ~i, $TATE OF FLORIDA ~ > ~ n . . ~o~~ ~ at. Lucie ~ ~ a : ~ ~ f= Befwe me perwrwlly appeared Gregory Lane Lawson _ = a~ Jane F. Lawson h~s w~fe, ro y. ~~y?^ r~C~ ~o ~ the individwb dew~bed in and who executed tbe fweyanp instnrme~t, and tedged before me that th~ ~taGjted 1M~' 3bme.~or Lie pvrposes therein expressed. Md the sa~d Jane ~awson ~i~t _~_ti• . Gre or Lane Lawson '~':,-7d tSt y~~~~ wife of the ssid {upoilY~~lrate md priwte examin~Ywn by me aken sepuate a~d apart from her said hvsba~, ecknowltd9ed to and beforo me that she executed sa IMIIl~ro' heely a~d volun- rarily and witho~it any compulian, constraint, apprahension, a fear of or from her asid husband. ,'7 WITNE55 my hand and official seal thi• 27th day of ~ tember D. 19 1~~~4~~Y ~ N ry P 1 in and fo~ the State of Fbrida at larye i C(R ROITR~S My Comm~ss'an expires: Retum Ta. l:tEQK C'R"vU1T COUAT ' First Fedcral Savirgi 3 twe Association - r~ t: ~ f^' f 1~ Q a~j~ i~ Of Fort P~erce. ~ ~ Fort Pierce, Florida SL~ ZV 2 46 PM'~ • ~ f~~ ~ ~~s~~, t.. ~ c.•~+~ a.M~ ~ This Instrume~t Prepared By RiCk Teet s ~011~.6 ? First Federal Savings 8 Loan Association ~ of Fort Pierce Fort Pierce, Florida 33450 Checked By . 275 s~~ . 3i : ~ _ , _t, ~ . L , mI` - .