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Home My WebLink About2442 3. To placc and coMinuously krep on thc• bui!cl~nys no•.v or hi~eafter situate or. sa~d land and on a~l eq~~^.:~~cnt and pe~sonally wvi•~ed bv lhis n:orty- ege, with all premiums thercon pa;d in full, fira ir~s~~ra~~«+ ~n the usu.il s!aa~d~rd palicy form, in a sum a~:pro~vd 6y 1he 1.10Ri(iAGfE, a~:J w~»detom~ insurance in Ihe usual Nand~rd po;,cy torm, in a sum approved by tlw l.1URiGAGEE, in iuch to~npany or con,pan:es as 1he 1110RTGAGEE may di?etl; end all fire and rr~nJstorrn inwranta policirs on any of said b~ild;ngs .any inferosl th.~rein or parl thereof, in ihe ag~~c9a~c w~~~ afo~esaid or In excess lhereo(, sF:a~l contain the usval s~a~~darJ m~r~gagee dause or such ott~er ciause as the 1Aurtyagee may rrqu.~e, rnaking I}~a ioss unJar sa~d po:i- cies, each and uvary, payao!a to said h10RTGAGEE as ~t~ intcrest may appear, and each and every s~ch potic~ shail b~ promptly au g~:ed a~~d de~ivat~•d io a~y h~ld by said 1.10RIGAGEE as f~~~iher security to sa~d mortgaye dcbt, ar.J, not less thrn ten (10) days in aovancc of the exp~iat~on of eacf, pol:cy, to de- ; liver fo said P.10RTGAGEE a retiewal thereoi, toge~her with a receipt f.:r Ihe pre~nium o( such renevra~; and there shall ba no f;re or vrindero~~~~ insvranca ' t placed on any ~i sa:d huil~ings, ar.y inlcrest therein or par~ thereof, unles~ in ihe form and w~th the loss payable as aforesaid; and in the event any eum i of monay bec~mes payab!e ~nder such policy or poGciai said MORTGAGEE shall have ~he oplion to rece~~~e and app?y Iha same on accou~~i of ihe indebtrd• j ness secured hereoy or to pcmiil said MORTGAGPRS to receiva and use it or any pan thereof ior other purposcs, w~~~,o~t tt~~r~i~~ ,v.~ivin~ u i~~~pa~r• ; ing any equity, lien or righl.under or by virwe of Ihis mo:tyage; and in ~ha event sa~d h1pRTGAGORS shall for any reason fail to kaep +he sa~d preinises so ~ insvred, ot fail Io deliver prompNy a~y of said policies ot insurance ro said MORTGAGEE, er (ail prompNy to pay iully any premi~m thercior or in any respecl (ail to per(orm, d~scharge, execute, ef(eU, complete, comply vaith and abid~ by ~his covenaM, or any pa~t hareof, said MOR7GAGEE may p~ace and ~ pay for such insurance or any part thereof without waiving or af(etting any o~tion, lien, equity, or right under or by virtue of this Mertgage, and Ihe s full amount of each and every such paymeM shall be imnediately due and payab~o and shall bear interest from tha dat~ therrof um~l p.~id a~ the rate of z nine per centu:n per annum and to~ethar with :uch intere+t shail be s~cured by the lien of this mortgage. 4. To permit, commit or wffer no waste, impairment or detrr~ora"on of said property or any parf thereuf. - + 5. To pay all and singular the cos?s, charges and e¦pe~ses, includin4 a reasonable attomey's fee and costs of abstracts of title, inwrred or pa~d at ~ any time by ~aid MORTGAGfE, becauee or in the evem of the failure on the part af the said MORTGAGOR to duty, pra.nptly brtid fully ~iar(orm, d~scharge. ~ exe<ute, efFect, cemp:ete, comply w~ih and ab:de by each and erery the slipulations, agreements, cond~tions, and covenants of said pro,nissory_note and ih~e morlgag~ any or e~ther, and said costs, charges and expenses, each and every, shall be immediately due and payable; v:heiher or not there be no~;ce da mand, attempt to co~lect o~ suit per.d~ng; and the full amount of each and every such payment sha~l bea~ interes~ from ~he date thereof until paid at ihe ; rate of nine per centum per aniium; and all saiJ costs, charges and expe~~scs incurred or paid, together w~th suth imerest, shall be secuted by 1he tien of thTS' , ~ > morlgage. . 6. That (a) in tha event of a~y brcach of this Mortgage or defauh on ths part of ~he MORTGAGdR, o~ (b) in the event any of sa~d sums of money ~ herain reFerred to be not prn~nptly and futly' paid ~vithin thirty l30) days next aiter Ihe same severa.lly become due and payalz~e, without demand o~ notice, a or (c) in thz even! each and every the stipu~ations, agreements, conditions and cor•enants ot sa;d promissory note a~d ~h;s mor~gage any or e~ther are not s q~uty, promptiy and tully performed, d~schaiqed, exec~red, effected, completed, compfied v.ith and abided 5y, then in e:ther or any such evenl the said ag• • t gregatc sum mentioned in said promissory note thcn remzining unpa~d, ~vith interest -ctrued, and aU moneys secured hereby, shall become due and pay } able forth\vith, or thereaftcr, at the option of said h10RTGAGEE, as tully arxl completely as ii all of ihe s~~d sums of money ~vere origirtally st~pulated ~ to be paid on such day, anything in sa:d promissory note or in this hlortgage to the coNrary nohvithstanding; and Ihereupon o: thereafter at the option of i - said MORTGAGEE, vc~iho~t not~ce or demand, suit at law or in equity, therefore or therea(ter beyun, may be prosecuted as if ali moneys secured hereby : had maWred prior to its institution. ' ' - ~ - 7. That in the Event that at the beginning of or at any time pending.any suit upon this ASortgage, or to forltlose it, or to reform il, or to enforce ~ paymeM of any claims hereunder, said ~dORTGAGEE shail apply to thc Cou~t having jurisdiuion lhereof for the appointment of a Receiver, such Court shail forth.vith appoiM a receiver of said mortgaqed property all and singular, inclirJ~ng all and singular ihe income, proGts, issues and revenves from whatever ~ source deriJed, each and every of wh~ch, it ~t~ag expressty undeistood, is hereby mortgaged as if spec~(icaity set forth and described in the granting and ~ • habendum dauses hereof, and wch Re~eiver shall have all the broad and ef(ective (unu,ons and powers in anywise eMrusted by a Court to a Rcceiver, and 2 ~ such appointriiei~t shall be made by svch Court as an ad~nitted equity and a mauer o( absolute right to said h10R1GAGEE, and without reference to the ? adequacy or inadequar~ of the value of the properly mortgaged or to the so.vrncy or insolventy oi said MOR7GAGOR or the defendants, and ihat such ~ . rents, profits, income, issues and revenues shall be applied by such Receiver accord~ng 1o the f•en or equity of said MORTGAGEE and the prauice of such ~ Court. - ' 8. To dufy, promptly and fully per(orm, d~scharge, execute, effect, complete, comp~y with and abide by each and every the stipulations, agrc~;ments, i conditions and covenants in said promissory notp_ and this mortgage set forth. - 9. That in tha event the ownership of the mortgaged premises, or any part therecf, betomes vested in a person other than the I.10RTGAGOR, the ~ MORTGAGEE, its suctessors and assigns, may, withaut notice to ths titORTGkOR, deal with such sutcessor or successor i~ interest vri~h reier~r.ce to~this mo:tgage and the d_ot her~by secured in the same manner as with Alortgagor w~thout in any way vii:ating or d;scharging the !~lartgagors' liability here- under or upon th> debt hereby setu~ed. No sate of itfe premises hcreby mo~fgaged ar.d no fo+bearance on the pan of Ihe MORTGAGEE or its suaesson - or ass~gns and no exrension of the tinee for the pavrr.ent of the debt hereby secured grvert-by the ~SOR7GAGE~ or its successo:s or ass~gns, ~l~ali ope:afe _ to release, dntharge, modify chartge or affect the original liaoitrty of the htORiGAGOR herei~, eit?ier in whole or in part. : 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligaticn se- . cured hereby shail at any time th~reafter be held to be a waiver of the terms hereof or of the instrument secureo herby. • 11. In add:~Ia~ to thA forego:ng :nomh!y paymsnts o( ptinc~pal and imerest required by the prom;ssery ~ote secured hereoy, mo:tgagor tovenanls and agrces to pay to mortgagee with each month!y payr.:ent an addi~ional sum est~mated by mortgagee to be equal to 1 j 12 of ~ha annual cest of the folfow- ;~9; - . _ A-All real properfy taxes (ei~ed or assessed agaisst th•~ acove desaibed real estate. ' _ i B-Premiu~r.s on fire and •rrinds:o~m tnsurar:ce as fierein requ„ed to be carried on the improvemeNS s~t~ate on th~ abcve d°scribe~ premises_ 1 C-Premiums on such n:ortgage guaranty ir.surar,ce as m~:tgagee shail fro~ t~me to t~~ne deem fiit to carry on Ihe loan sec~red h~reby. j I,Aortgagee sha~l from time to tim~ ro!i(y mcrtgago• in writing of the amouni d~~ and payabte hereundar and suth sum sha14 thereupen bc due and x payable on the due tiate oi thz next mor~th•.y payment and each successive month thereahcr until mortgagee shall notEfy mortgagor of a thanye in such ~ amount. Such sums shaii be app!ie:l by mortgag^e tov~ard the ~yment of real property taxes, insvrance prem;ums, and T.Gf193gB guaranty insurance ~ premiums. . - - - - i IN \'lITNESS ::H~REOF, the said hIORTGAGOR has hc>reunto set his har.d and seal lhe day and year first f9resaid. ; " i ned, ated elivered in the Fresence of: - ' ~ . FilfC i*' ; ~GC}~tUfO . _ ` - ST lUC' _ ~'Ji~i11 Ftw• ~ " - {Senq ~ x.~t~C_ R0"~: . : ~;;i?~A5 ' , ~a~ : - rt.E~.r. _~-s:~T CGUaT `L ~l~ v. `,L~~ ~ ~ nr^~;t: d (5eat) { - - (Seal) $TATE OF FLORlDA ~A~ 2t f` ~Ib 1+''~~ ' t ~ ~L~f3'736 _ ; ~ _ COUNTY OF St.. Lu~ie ~ ~ ~ Before m> personally appeare~ _ FT'alfli{Zlll A. Harris a„d ! Valerie v. Harris his wifr, to me ~ve!1 knewn ar.d kro,cn fo me to be thE• individuaSs describec: in and ~vho executed the foregoing inzlrument, and atknowledged before me that tFey executed the sa.r.e for the p~rposes 3 Iherein expressed. And fh~ sa~d_ ~ ValeriQ v. Harris < Harris ~ wiFe of the sa;a Frankl~n A. , uppn a separata and pr7vate exam~nation by'me taken separate and apart from her said husband, acknowledged to and before me that she exetuted said instrument freeiy and volun- i tarily and vnthout any cornpulsion, constrain~, apprehension, o~pfear of or from hersaid husband. : /L~C Y/ITNESS my hand and official seal 1h~s_~~~ day of Ma , A. D. 19 7 ~-:hts~-st~ Notary Publ' n and for the tate of Florida at Large - , IJIy Commis ~on expires: /y~~ Return To: - _ Fiut federal Savings L lo3n Assxiation t' - ! . • . Of Fon P~erce- • ~ ; - - fort P;erce. Flcrida _ - - : . - ~ _ ; ~ ~s - ~f':' ' J.~- ~ S i . ~ - ! - ~ This Instrument Prepared By F. Braun n; t-~= _ ~ First Federal Savings ~ loan Ass~ciation _ _ of Fort Pierce ~ Florida ~ ~~~r c'' ~ ~ ~ ~ - ~ ~..,~s ~o~K2~9 ~~~~243f ~ : Checked By ~ ~ - ~ - r . i . - - - 1 . ~ - ~ • - - - f ~ , ;