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Home My WebLink About1856 . , . ~ ~ 3. Ta piaca and continuo~sly kaep on the buildinqs n~w or hareafter siiuate on taid land and on all ec,~ipment and personally tovtred 6y thia morlg- age, wilh all premiums Ihercon pa~d in t~ll, firo iniurance ~n ~hs usual stand~rd poticy (orm, in a wm approved by the MORIGAGEE, and windsto~m Inwrance in ~he ~wal s~anda~d pollcy torm, in a~um app~oved by ~he h10RiGAGEE, in s~ch company or com~,nies es tha hSpRTGAGfE rnay ` dirrtt; and aU fir@ and w~ndsrorm insurance policiei on any of s~id build~ngs, ery Interest Ihe~ein or parl thereo(, in Iha agflregate sum atoresald er In excess Ihtr~vf, shafl contair. iha usval standard n~ort~agee clause or such other cl~u.a as ihe Mo~t9agee may reau~re, making the los~ vnde~ saiJ poli- . cies, each and every, payah~e to seid A10RTGAGEE a? its intercit mey app~ar, and each and ev-^ry such polity shalt Ue promp~ly ass gned and detivered to any held by ~a~d hIGRIGAGEE as ~~rther sec~r~ty to s~id mortgage dc'a~, and, net le~i than ten (10) days in advance o( Iha ~expnat~on of each policy, to de~ liver fo ~aid MORTGAGEE a renewal thereof, ~oge~ha~ with a receipl fot tha pramium oi such ~enewal; and ~here shall be ~o fire or windstorm insura~te pleced o~ ar,y of saEd bvildings, any interest thercin or part thereof, u~tess i~ ihe form anJ wi~h the tose payable aa aforesaid; and in ihe eveM any sum - ~ oi money betomee pay~ble under suth polity or policies s~:J h10RTGAGEE shall have tha op!ion ro reteive and apply tho samer on accounl of the indebfed ' ness securad hare6y ar to prrmit ~aid h10RTGAGORS to rrceiva and use it or rny par~ ~heicot for oti~er purposes, rr~ihout ~h:rab/ \Nd1Y1~13 0~ ~n,aair- ~ ing any equity, lien or ~ight u~der or by vlrtve ol thi~ morlgage; and in the evcnt said MORTGAGORS shall for any reason fail to keep tho said premiies so . insured, or Fail lo deliver promptly any ot saiJ poGcies of insvrance to said /~10RiGAGEE, or fail prompNy to pay fully eny premium therefor or in any ~ res{n:U tail to perforn~, d~scharge, execute, e(fect, campfeta, comply with and abide by this covenan?, or any part hcreof, said MORTGAGEE may place and ~ pay for such insurance or any parl thereof w~thout waivi~g ar affecling" any oplion, lien, equity, or r;M under or by virtue of this Mortga9e, a~d tht full amount o( each and overy suth payment shall 6e immediately due and payable end ihall bear interest from the da!e ~hereof ~ntil paid at the ~ate ol nine per centum per annun; and together wiih su:h inrerest shall be secured by the lien of Ih~s mortgaga 4 4. To permit, commii or su(fer no wastc, impa3rment or detrr~ora~ron of sa~J propcrty er any pa~t thereof, # 1 S. To pry all and singvla: the costs, charges and expenses, inctudinfl a reasonable attorney's tee and costs oi abstratls of tille, incurred or paid al j any time by sald MORIGAG:E, Lecausc or in the event of ~h: failuro on the part of ihe sa~d h10RTGAGOR !o duty, pron,ptly and ivtly perio~m, discha~9e, ~ execute, eifed, completa, complv w~th and ab;de by each and every the stipulatiods, agreemtnts, conditions, and covenaros of said promissory n~te and this i r,.artgaga any or el~her, and sa~d costs, charges a^d expenses, each and everv, shall be imn,e~iately due and payable; whether or no~ tfiere be notice dr - mand, atlempt to collrct or suit pend~ng; and ihe fuU amount of each and every such payment shall bear interest from the date thereof uMil ptid at the " ( rale af nine {hr czntum per annum; and all said con~s, ch~•Se~ and expenses ~rxwred or paid, toyelher w~th s~ch interast, ihalt ba sewred by the lien of thit ~ morrgage. . 6. That (a) in the event of any breach of this Mortga9e ~r default on tfw parl of the MORTGAGOR, or (b) in the event any of sa~d sums of money i herein ~eferred to be not promptly and (ully paid K'i1}lltl tHirty (30) days nex~ a4ter the same severally become due and payable, wi~l:outi demand o? notice, ~ ur (t) in the event each and every the sl~pulations, a~reements, conditions ar,d covenanu of sa:d promissory note and Ih~s mortgage any o~ eithe: are no1 ~uly, prompNy and futly performed, d~scharged, ezecuted, ef(ected, completed, compl~ed v:itfi and ab~ded tiy, then in e~ther or any such event the said ag ~ gregate sum mentioned in said pro,nissory note then remaining unpaid, with interest accrved, and all moneys set~red hercby, shatl beco~ne due and pay- able forlhwith, or th<_reafter, at the option ot said MORTGAGEE, as tully and campletely as ii all of the said sums of money were oric~inally stip~tated to be pald on~svch day, anything in sa:d promissory ~ote or in this 1Nortflage ta the contrary notwithstanding; and thereupon or thereafter al the option of - said A10RTGAGEE, wilhout notice o~ de~nand, svit at law or in equity, therefore at thereafrer begun, may be prosecvted as if all moneys secured hereby had matured prior to ib instit~tion. . _ 7. Thrt in the event that as the be9inning of or at any lime pendi~9 any suit upon t{~is Mo~tgage, or to farectose it, or fo reform it, or to enforce payment oi any claims F.ereunder, said A10R~GAGEE shall apply to the Cou~t ha~ing jur~sd:ction ~hereof tor the appolnrmenl of a Reteiver, svch Courf shall ~ fortfiwith appoint a receiver of said mortgaged property all and si~g~Iar, indud~ng ail and s~ngular tt~e income, profits, issues and revenues i~om whateve~ source derived, each and every of which, it bein9 expressly understood, is h~reby mortgaged as if specifically set forlh and described in the granting and habendum dauses hereof, and wch Receivar shalt have all the broad and effeaive funct~o~s and powers in anywise entrusted by ~ Cou~t to a Receiver, and such app~intment shalt be made by su~h Court as an admS:sed equity and a n,auer of abso!ute rtght •to said MORTGAGEE, bnd withovt reference to the adequacy or. ir.a~equacy of the value of Ihe oroper(y mongaged or to the so:vency or insotventy of said MORtGAGOR or the deiendan!s, and that such rents, profits, income, issves and revenues shall be applied by such Receiver accord~~tig to the lien or equity' o} said MORTGAGEE and the practice of suth ~ Co~rt. _ • _ E 8. To dufy, promptty and fully perform, discharge, execule, effect, complete, comply wi~h and a6ide by each and every the stipulalions, agreements, ~ conditiens and covenants ~n sa~d promissory note and th~s mortgage set forth. - ' - ~ 9_ Tha! in the eve~:t ~he ov.nershiF~ of the mortgaged premises, or any part thereof, becomes vested in a person other tfian the MORTGAGOR, the h10RTGAGEE, its zuccessors and assigns, may, vlithovt notice to the MORTGAOR, deat with such svccessor or svccessw in interest with re(erence to this mortgage and the debt hereby setured in th~ same m~nner as ~vith hlortgagor without in any ~vay vitiating or d~scharging the /Jlortgagors' IiabiGty htre . under or upon the debt here6y secured. Na s3'.e of the premises hereby mo~tc~aged and no forbearonce on the part of Ihe ~110RTGAGcE or its successors ~ or assi~~s and no ex+ension ef the time for the payment of the debt hereby secured given by the MORIGAGEE or its successors or asr.gns, ahall operate _ ro release, d~scharg:, modify change or affecf the original liabilrty of th~ htiORiGAGOR herein, eilher in whole or in parl. ~ 10. If is spcufically agreed thnt time is of the essence of thls c6~tract and that no waiver of any obligation hereunder or of the obligation se- _ t~red~h~r~by shatl at any time thereafler be held to be a waiver of th~ terms hereof or of the instrumenl seo~red her6y. 11. In add:r~en ;o tAe focego:ng mon~hly paym_nts of pri~c'pal and interest required by the promissory no!e secured hereby, mortgagor eovenants - and ag~e?s to pay to n:o:tgagee wifh each ~cnthly pa~i :ent an acid~~ional sum estemated by mortgagee to be equal to 1 f 12 of the annual tost of the follow- _ ing: ' A-Alt real property taxes le~iied or assassed aga~•tst fhe above desvibed real estale. • 1 . B-Prem;ur.~s on f~re and windsrorm insura, ce as hFre~n requ~~ed to be carried on ~he improvements situate on the above desuibed premises. - F _ t_ C-Prr~niurr.s on such mortgage guaranty ~r.surar:ce as mortgagee sfiall fre~: f~me to time deem (it to carry on the loan secured hereby. _ l~lortgagee shail {rorn tin:e to tin;c notify mortyagor in writing of the amounf due and payable hereunder and such sum shall theieupen be due and ~ payab!e on tfir Joe datc of _the next monthfy payment and each successive month thereaiter ur,til mcrtgagee shall notify morfgagor of a change in svch - amovnl_ Such sums shaii be applied by mortgagee tovrard the paym,ent of real property taxes, insvrance premiums, and morfaage guaranty insurance . premiums. . ' - tN Y~ITNE55 VlHEREUf, the <_aid K,ORiGAGOR has hereun:o set his hand a~d seb! the day and year fint aforesaid_ Signed, $ea!ed and delivered in tFe presence of: ' ' - f~ 6 /tM0 REC4ADE0 Sl.iuCl~ COl1~i1Y ~LJI. ~ ~'G3_`--v/ ~t~- (Seal) - ~ ROC~ic POfTRAS - (See1y CLfiRK CIt~.CUIT COUR1 RfG4R0 yfl:IFIEO ' • ~xan - - - i5eaq - . STATE OF FIQRIDA ~~3 4 i~ P~ • ~ COUNTY c~F St . Lucie ~ y C" ~ BaI l ard Johnson 3~-~~J3 Eefore me personaUy appezred _ and : Hazel Johnseii ~ his wife, to me well known and known to me to be ' ~ ' the individuats described in and v~ho execuled t~ fgreyoing instrvment, and acknowledged before me that they executed the same for the pvrposes ~ therein expressed. Ar:d the said Hazel~ JOIlI1S011 - ~ ~ ,,.;re ar rt,e sa~a _ Ballard Johnson - - vpon a sepfrale and priv~te - exari~~na!i~n b~ me takA~ se,:arate rna apart fram her said husband, atknowtedged to and before me that she executed said instrument freety and ~voSun- earity and .~vithout any compulsion, constraint, appreh nsion or lear of or from hrr s.'sd husband. V/IiNESS my hand and otfic~al seal this_~~_ day Qf June - ~ p. 1975 . Notary Public in sn for t State of Florida et Larye _ - h1y Commission expiret: . _ Retum Toc - Fin~ Federal Sevings d loan Associatian Of Fert Pferce. Q•~` ~~~,~r^ ~T+T~ ~t flOP.ID.1 at LA4GE _ Forr Pierce, florida _ _ . . t [ . =E;i 3F,~~. 7. 1917 _ - - ! ;`::e~ ~i; ':.'.i:!i~tl l'+a~lfcfS :~SUta11G@ Gi _ _ . ~ll'ttl:~it(1(~~~; ti~ n S K ~ ~.i~f ~ This Instrument Prepared By RiChard K. KayeS • = r!- First Federal Savings 8~ Loan Association : . : ~ ~ - of Fort Pierce Florida _ p R ~ : ~ • 4 ~~L ss. ~ ~ BOOK ~4U PACE185 ~ ' _ : . ' ~ - 4 . _I~+~ ' fl rt~..E , . . ~ ~~.=`f.. Checked By ~ ~ ~ a : r~ ~ ~ : : ;4 ~ z . . j . .~L~ 1. ` . . . ~ Sy.~ 1~ ~ . • . ~ f , . S~'$?~~- ~ ~'~/~`,;u~,i:;?1s~~~ ~ ; ~ s . ,T =