The URL can be used to link to this page

Home My WebLink About1858 • ~ 3. To placa and continuously kecp on Ihc build~ngs novi or i,ereafte~ ~it~ate on satd lend and on a~l equipment and pe~sonally covered by Ihis morlg• ~ age, wilh all premivms theroo~; pa;d 6~ full, f~ra insurance in tha usual siandanl policy (orm, in a sum approveJ by 1ha h10R(GAGEE, and windstorm in~urente tn ihc usua) standard poGcy fo~m, in a wm approved hy the MORTGAGEE, in fvch tonipany or tompenies as the h50RTGAGEf may { direc?j and all fire and w~nds~orm insurance policies on any of said build~ngs, any interos~ ~herein or pait lhereof, in the aggregate s~m atoresaid or In excess thereaf, shall conta~n the usua~ standard martgagea clause or such o~Mr da~sa as ihe Mortgageo may ~equire, making ~he loss under said poli ttes, each and every, payab!a lo said htpRiGAGEE as its interest may appear, and eech and every such polic~r ihall be promptly ass gned and detivered to a~y held by said h!ORfGAGEE as f~r?her set~tity lo said morlgag9 debt, and, no1 less Il~an ten (10) days in advanca o( Ihe oxpfration of each policy, to dr , live~ to said A50kTGAGEE a ren~wal ~hereoF, Iogeiher wiih a recelpt for tha premivm of tuch renewatj and the~e 3hall be no f~re or ~vindstorm insvtance placed oo any of sj~d bvildinys. ar.y inlerest there~n of part tha;eof, un!ess in ~he form and vrith ~he loss payable as aforesaid; and ~n the event any sum of money becomes payable vnd~r such polity or pet~cios said 1.10RTGAGEE shalf have ~he opt~o~ to rcteive snd apply the same on accoun~ ef the (ndrbted~ ness secured hereby or to pern~~t said MORTGAGpRS to receive and use it or any pa~t Ihereo~ I~r orher purposes, v.i~hout sh~reb~ warvin~ or ia,pair. ing any eauity, lien or righ? unde: o~ b~ vi~we of ~hia m~:tgagc; ar,d i~ the event sa:d A10RTGAGORS shall (or any reason fail to keep Ihe said prem~srs so fnsored, or fail to deliver prom~t~~ a~iy of said poGcies of insuranco to sald MORIGAGEE, or (eii F1fOrh~1I~/ 10 pay fully any prz~nium therefor or in any `i rE~pecl fail to perform, dischar~.;, e:ec:ute, et(ect, compteta, tomply with and ab~d~ by ihis covanant, or anY p~~l t~rreof, said MORTG~~GEE may place and f` pay (or such 1ns~rance or any r,ar, th;rcof without waiving ot af(eding any oplion, lien, equily, or tipht ~nder or by virtue of Ihis Alortgage, and the tull amount o( eacn and every such paymem ahall be immediately dup and payable a~~d shall bear interr;l irom tha dale thereof until paid at the rate ol ~ine per centum pcr annu:,~ and to~etL•er K~ith such i~verest shalt be secured hy t'ne lien oi thia mortgage. Tc permit, commit or suffe: no waste, impairment ot deterioration of said property ~r any part tl~eteof. S. To pay a!1 and singular the costs, charges and expenses, including a reasonab!e allornay's fee and cosls of abit~acts of title, lncvned or paid at any time by said h10KTGAGfE, becavse or in 1he event oi th2 (ailuro on the part o( ~he said h50RTGF+GOIt to duly, promptly and fufly certorm, d~scharge, extcute, effect, cMnplete, tomply w~th and aL;de by each and every the stipulations, agreements, condition~, and tovenanl~ of said ~rcxnissory note and thii _ mwtga9e any or eilher, and said cosls, charges and expenses, each and every, shall be im,n~cliotcly due and payable: whether or not thert be no~ice de - mand, atte.~npf to collect or suit pend~ng; and the full amount of each and eve~y svch paymeM shall bear i~tereit from the date thercuf u~til paid at the t rate of nice per centum per ..n~. im; and ail said costs, charges and ezpe+~srs i~xvrred or paid, togelher :vith such intere~l, shall ba setured by the lien of thif ~ ~ mortgage. - - i . F 6. That (a) In the event of any breacF of this Mortgage or d~fault on th- part o~ Ihe MORTGAGOR, or (b) in the event any of sr3d sums of money ! herein referred to be n~1 prpmptly and fully paid within thirty (30; days next after the same severa!ly become due and payable, wilhout demand or ~atice, ~ ~ or (c) in the event each and every the stipula~ions, agreements, co~ditions anJ covcnaMS of x>:d promissory ~~ote and 1h~s mortgage any or either are no1 ~uly, promplly and iully performzd, d~scharged, exec~red, effecter), compteted, comptied wUh and abided yy, then in ei~her or any such evenl the said ag gregate sum ment;o~~ed ~n said promissory note then remnining unpaid, ~vith interest accrued, and all moneys setured hereby; shall become due and pay ab!e forthwith, or thereattcr, at the option of sa~d MORTGAGEE, as f~lly a~,d 'completely as if all of thr said sums of money were originally atipulated to be paid on such day, anylhing in sa:d p~a:nissory ~ote or in this l.iortgage tu the coi~trary notwithstand~ng; and Ihetevpon or therea(ter al the option of ' said MORTGAGEE, without not~ce or demand, suit a1 law or ii equity, therefore or therea(ter begun, may be prosecuted rs if all moneys sec~red hareby ~ had matured prior to its institulion. . 7. Tha1 in the event that at the beyi~ning of or at any lime pend~ng any svit vpon this Mortgage, or to foreclose it, w to reform it, or to enforce payment of any tlaim, here~~nd::r, said fAO~ZTGAG[E shall apply to the Court havir,g jwisd~ction thereof {or the appointment of a Receiver, such Co~rt sha~l _ Forfh.vith appoint a receiver o( sa~d mortgaged pro, rrf~ all and sing~lnr, indvci ng a!i and s~nyular the income, prof~ts, issues and revanues from wfiaTever source derived, each and every of wh;ch, it being expressty undentood, is hereby n,orrg3ged as if speufically set.forlh and destribed in the t~ranting and habendum clauses hereof, and svch Receive: s'~all h~ve all the broad and effect~vc fur.u~ens and powers in anywise enlruste~ by a~4~nt te a~eceiver, and such appointment shall be made by wch Court as an ad~nitted equity and a matter of absolute right to satd MORTGAGEE, and without reference to the adeqvacy or inadequacy of the value of the property mortgaged or to the so:vancy or ~nsolvency of said MORIGAGOR or the defendan and ~nat such ~ rents, protits, incomg, issues and revenues shafl be applied by such Receive~ according to the lien or equity of said MORTGAGEE and the prt~iito of such Court. - B. To duly, ptomptly an~-fully per(orm, discharge, execute, ef(ect, complete; compty with and abide by eath ~and every the stipulations, agreements, - ' condition3 and covenants in sa~d promissory note and th[s mortg3~e set {o:th. - - 9. That in the eve~t the ownersnip of 1he mortgaged pram~:es, or any part thereof, becomes vested in a person other than the MORiGAGOR,. the MORTGAGEE, its sutcessors ond assgns, may, without notice to the MORTGAOR, deal w~th such successor or suc<essor in interest ~vith-reference to this mortgage and the deb~ hereby secuced in the same manner as w~th hlortgagor without in any way vitiating or d~scharging the hlortgagors' liability here- - under or upon the debt herel~y secured. Pto sale of the premises hereby mortgaged ar.d no forbearance on the part af Ihe /~IORTGAGEE or iis sutcessors ' or ass~gns and no extension of the t~me (or th~ paym.ent of the debt hereby secured given by Ihe MORTGAGEE or its successors or assign~, shall operate to retease, d;scharge, modify ch~nge or affect the origlnal iiaU:fity of ths htORTGAGOR he~efn, either in who~e or in part. ~ 10. It is speuf~cally agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- ' tored hareby sha11 at any time thereafter be held to be a waiver of the terms hereot or oi the instrument secured herby. 11. In add~tion ro the forego:ng n:onth!y paym~nts of p;ir.c'pal and inierest requi~ed by the promissery no!e secured hereby, mortgagor covenanfs and a9rees to pay to n:ortgagee with each momh':y payment an add~rional wm estimated by mortgaqee fo be eq~al to t Ji2 of the ann~al coat of the follow- - . - A-All real propcrty taxes levied or assessed agai~sst the abovz desc.ibed rea~ estate. ' , B-Pre:niums on fire ard vrirdstorm insurar.ce as herein requ~red to be carrird en the improvemeats s+tuate on the above described premises. C-Premiums on such mortc~3ge guaranty ir.surar:ce as mortgagee sha11 from t~me.to time deem~fit lo carry on the loan setured hereby. _ Mortgagee shail {rom sirr.e to time notify mortyagor in wriGr.y of the amount due and payable here~nder and such sum shall thereupon be dve and payab!e on the Jue da!e oi tne next tnonst~l~ payment and each successive moroh tFereaftcr ur.til morlgagee shall nofify mortgagor of a change in svch amount. Such sums sFall be applied by mbrigay~e to:vard the payment of ~eal property taxes, inwrance prem:ums, and mortgage gvaranty insurance - premiums. . . ' ~ ; IN WITPJESS VJHERcC1F, the said P110RTGkGOR h~s herec.~io set his hand and seal the day and year first aforesaid. , , ' _ ` Signed, Seated and detivered in the presence of• F~~ ~C~~i _ ~ ' SY. ~ , Sea~ : ~ ~v~ ~ o c.yi.,,.~ Ctf{~K CI~CWT CDl~lt ti~CORD YER1F1~6 Sea4 - - (~aq f - y ~ ~ ~ i ~ i~~1- . ~Seaq SiATE OF FIORIDA • ~~~!:7~~,~ SS_ CdUNTY Of _ St. L11C1@ ~ - ; Before me personally appeared Julia Ann Harding to me ~vell known and known to me to be = the individual described in and who executed the forego'sng instrunent, and acknowledged before me that $he executed ihe same for the purposes _ rherein expressed. Xr~lO{8~ ~ ~ Jt~[DG?@]d0C749{]dbClCBEDQE)E04}f}6D~~EDi~DC~E9t]{~Q~i30DC}6DtD@~D~bQDCLGliC7f9~dC~C ~ fp~QD~E - ]Q~7~K70Q aidi[~ED~}6a~ 7~3~X7F'JO~ib{S16tJCI41E~16~~1C _ _ . ~ _ WITNE55 my"hand and offic~a! seal this . o~ day of June ~A. p, 19 75 ? . - ~`7. ? t/1~w~ t - ~ - tZotary Public ia'and fo th~ State of Florida at Large _ ~ ~ - My Commissip~i expir : Return Toc ~ € First Fedtral S~vings b loan Associat~on _ R~it~RY i'~:':! 1C, ST~Tf rt (!~:~IDA at LfiRGE - ~ ~ Oi Fort P;erce. A:Y CO`.:.:i"oS::;\ ~'-._S 1AN. 7. 1977 s - Forf Pierce. Florida - ~ndEd ff~ i,mcriP,ar~ oa~~~6ts ~n5uf2DC6 CA , _ : ~ ~~~„NiililHjt~ ~ _ ,ti, . V.R t: $ , ~~~yf,~ ~ _ • . ` This Instrument Pre ared B P Y Richard K. Kayes .,~;•`a :s-L ~ First Federa! Savings 8~ Loan Association d.•,F ~ ~ _ of Fort Pierce~ Florida - . U R ' ~ ~ f~ ~ ~ L = E - Q ! o.:_ ` V : = ~ Checked By " 80CK PAGE~Ot~ : c~. ;~'r; : ~ ~ , f 6 : s ~ . ~ , 4. - - v ° ' , ~ ~ - - - ~ - ~3 ~~'~~s~~~~ st f: _ - . g ~ t ~ . • . d ~ p ? . • • • _ ~ yt1rli~~ri1?~i;~ti~~~ , ~ _ i - _ _ r - - ' :i-i