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Home My WebLink About2931 3. To place and cantiacously keep on 1he huild+n9s now or hereaher a~tuatr on said lend and on alf eryuipn ent and ~ersoneNy covered by thi~ marig• age, wilh all premi~ms 1L•ereon paid in (ull, (iro insurante in the usual s~a~~oarJ }x~licy form, i~ e sum approved by Ihe MORIG 1GEE, and windstorm insurance in Ihe usvai standard po~+cy iorm, in a sum approved by ihe 1J10RiGAGEE, in such tvTpany or companies as ihe A10R1GAGEE may direu; and all (ire and wlndstorm i~surante poficies on a~y o1 said twild;nc~s, anY intere+t therein ar Fart thereaf, in the aggregete s~Rt aterosaid ot In excefs ihereof, shall contain tha usual s~andard mort9agee clause or euth other clauss as Ihe Mortgagae may require, ~naAing the loas undar ~aid poH- tits, cath and cvery, payab!e lo said h50RTGAGfE as its intc~est may appe•x, and cach ~nd evcry sutfi poticy ihall Ue pronptiy assgned and deiivered to any heid by said h1URfGAGEE as (urther ~ecuri~y to said rr~ori9age deb~, a~d, not less than ten (10) d~ys in advance of Iho ex{~iration of each policy, to de• . tiver to said A10RTGAGEE a renev~.•al thereof, together with a receipt for ~ha ~remiurn of such renewal; and there shal~ be no f~re or windstorm insurance . placed on any of sa~d b~ildir.gs, rny interes? ?herel~ or part thereof, unlesti in the fo~m a~~J w~th Ihe loss payable as atoresnid; and i~~ tfie avent any sum of money becomes payable undar such polity o~ policies said h1QRTGAGEE ehall have ~ha option to receive and apply tha same on accounl ot tha indebted- ~ess secured hereby or to permit said MORiGAGORS to receiva and ~se it or any part Ihrreof ior oiher pur~~oses. ~•.~iho~t th_~~i,~ wai•~~~+9 or ~mpn~~- In9 any equity, lien or righ? undet or by virtua of ~his mo:!gage; and in Iha event sa~d h10RTGAGORS shail for any reason fai) to keeN the sa~d premises ~o µ InsureJ, or fail to dcliver promptly any ot said polieies of ineuranca ro s~id MORiGkGEE, er fail promptly to pay (u11y any premi~m therefor or in any y ' respett fail M perform, dis!harge, ezecute, effect, complete, co~nply with and abida by th~s covenant, or any pa~1 hareof, said MOR[GAGEE may p~ace and ` pay (or such insurance or any part thereof w~~hout waiving or a(feUing a~y option, lien, equ~ty, right under or by virlue of this Mortgage, and the iutl amount of each and every such paymenl shall be immediately due and payable a~d shall bear .rest irom the dale thereof until paid at the rate ol ! nine per centum per annum ~nd to~eth~r ~~~ith such interesr shaii bF sewrcd by the lien of Ih~s moetgage. ~s ~ 4. To pennif, commit or suffer no wasfe, impairmcnl or deteriorotion of said prv~city or any part thereof, • 5. To p+y all and singul~r the costs, charges and expenses, in:tuding a reason~ble altomey's fee and cosb of abstrads of title, incu~~ed or paid at ~ any iin:e by eaid h10R1GAGEE, be<ause or in the evenl of tho faElure on the pari of iha said MORTGAGOR to duly, Hromptly and fully pertorm, d~schargt. exec~te, ef(ect, complete, comply with and ab:da by each and eve~y the etipulat~ons, agreeatients, conditions, and covenants ot said pro~nissory note ar,d thie ; mortqac~rs any or e~ther, and sa d cosis, charges and expenses, each and every, shall be immerliately due and payable; whether or no~ there be no~ice d~ ; mand, attempt to co4ted or svit pend~ng; and ihe full amounl oi each and every such paymeM shall bea~ interest irom the date• Ihereof until paid at Ihe ~ rate of nine per cent.,~n par annu:n; ana all sa~d cosrs, ch~:g<s a:d expens~s ;ncurred or paid, togethe~ w~th such interest, shall be secured by Ihe lien of this morfgage. - ' b. Thal (a) in the event of any breach of this Mortgage or default on 1hs part ef the h1URTGAGOR, or (b) in the event any of sa:d wms oi money herein referred to be not promptly and tully paid within thirty (3~) days next after the same s^veratty become due and payab4e, withoW demend or notice, ; or (c) in the event each and every the sfipularions, agreements, cond~~ions and covenants of sa.d promissory note and fh~s mortga~e any or either are nol iuly, promptly dnd lu4ty pe~foimC~, d.sch3ic~ed, exec~ted, effec~rd, camp?eted,~complied v~ith and ab~Jed Sy, then in either or any such aveN the said ag- gregata sum menHoned in sa~d pramissory note thzn temaining vnpaid, with interesi acc:ved, and all moneys secured hereby, shall become due and pay- able forthwith, or therea(tc~, at the op~~on of said htORTGAGEE, as fully arui comp'etcly as if all of the said sums of money wcre originally st~pulated 5 lo be pa~d on such dzy, anylhing in sa:d pro:nissory ~ote or in th+s hloitgage to the contrary notwitfi~tanding; and tfiereupon ot lhereafter at the option oi r said MORTGAGEE, wi~hout nori~e or de~nand, svit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby ~ had ma~ured prwr to iu instit~tion. E 7. Tt~at in the evenl that at the be9inn~ng oF or at any time penoing any suit vpon this Mortgage, cr to foreclose it, or to reform it, or to enforcr : payment of any claims hereunder, aaid MORTGAGcE sha11 apply to the Court having jurisd:ction thereof {or fhe appointme~t of a Receiver, such Covrt shali s (o~th~vith appoint a receiver of said mortgaged prop=ry all and singu?ar, inctud:ng ait ~nd sinyular the intome, pro(its, issues and reve~ves from whatever sou:ce Jeriv~d, eacrt and every o) ~vh;ch, is being ezpress4y unde~stood, is hereG~ n:ortgaged as if speuficalty set forth and destribed in the g~anling and F habendum ciauses hereof, and such Receiver shall have a!I the broad and ef(ettive funct•ens and po~vers in anyw~se entruited by a Courl to a Receiver, and ~ svch appointme>>t shall be made by svch Court as an admitted eqcity and a matter of absolute right to Said MORTGAGEE, and withoul reference to the , ede.quacy or inadequacy of ~he vatue of tha prep~rty mo~tgageti o: to the so~vency or ~nso;vency o( said MORTGAGOR or 1he defendants, and that such f ~ rems, profits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity, of said h10RTGAGfE and the practite of such ! Court. • - . i ~ 8. To duty, prompt,y and fully perlorm, discl~arge, execute, effect, complete, cemp!y with ancl abide by each and every !he stipvlations, agreemeMs, i ~ ~ condition~ and covena~ps in said promisso:y note and this mortgage se! forth. " - ; 9. 7hat in the e~~ent Ihe oxnership of tFe mortgaged premises, or an•, part thareof, becomes vasted in a person other than the MORTGAGOR, the htiORTGAGfE, i~a wccessors ancl.assigr.s. may, w~thour noflce to the ldORTGAOR, cleat with such successor or successor in inferest with reterence to 1Fis ~ - morrgage and the deut heceby securzd in the same ma~,ner a: •.ti~ith ~.lortgagor wfthout in any way vitiating or d~scharging the fhongagors' fiab~~ity fiere- under or upon th~ drb~ he~eby secured. No sate of the prcneises hereby mortgaged and no fo~bearance on the part of 1he /hORiGAGEE or its suctessors or assigns ard no exfe~s~an of the ~im: tor tha payme»t oi the debt fiereby secured given by ihe MORTGAGEE or its successors or assigns, ahaU operate ~ 1o re!ease, di:charg~, medify .harge or aifect the originai tiau;l~ty oi the ~".ORtGAGOk here~n, either in whole or in part. 10. 11 is spec~fically agreed that iime is of the essence of rf~~s contract and that no waiver uf any obligation hereunder or of the obligation se- F_ cured hareby sha11 at any time thcreafte~ be he'.d to be a v.aiver of the terms hercof or of the instrument sewred he~by. ~ 11: in add:s;c~ to the forego:ng n:onth!y paym ~nts ei p~i~:c"pa1 and ~~teres~ requ~red by the prom~ssory note secured hereby, mortgagor tovenants and agrces to pay to n:o~tg;gee ,nith each mcmhSy pa~r ~ent an edd~~ional sum es!in~ated by martgagee ta be eqval to l j 12 of ihe annval Cost of tha follow- - E - - ~ ing: - A-All real prope~ty taxes tevied o~ ass•_ssed agai~st the a6ove described real es~ate. ~ 6-Pcem~ums on fire and windssorm ]nsvra~:ce as herein requ~red to b~ carried on the improvemeits situate on t;~a above described premises. - ~ C-Premsum5 on suCh mortgage guaranty ir,surar,ce as mort~agee shail from t;me ro time deem fit ta carry on the toan secured hereb/. _ t.lortgag_e sha11 ircm time to tin:e ~ot~f~ mertgager ~n v~riting of the amount due and payabte hereunder and such sum shall thereupon be due and ~ payab!e on the duz date o! tne next n.onih'y pay:nent and each successive mo.^.th thereaiter ur.ti! mortgagee shall notify mortgagot of a cfiange in suth = amount. Such sum.s sF.a?f be a~ptied by mertgagee to vard thc payr*:ent of reat preperty taxes, insurance prem~u~s, and mortgage guaranty insurance ~ premiums. ; ~ - IN VlITNE~S :rHEREO~, the said 110RTGAGOR has hcreunto set his hand and seal the day and year ' afore ' ~ Siyned, Sealed an de ` red 'n the presence ofc ~ J~ j t ! 'r z a4 i W T. arren r ~ al) - i v~~~~Y~` ~Sea~) - - ~ H len H. l a ren i~at~ ; ; _ ; STATE OF FIORIDA ' #y St. Lucie j _ - ` COUNTY OF - , ~ - la T Warren, Jr . and ? 62frre rne personally appeared ~ ~ ? ~ielen H. Warren h~s w~re, to me well known and k~own to me to be ~ the ind"+viduais describ_~d in and ~vho exewted th_ faregoing instrument, and acknow".edged before me that they executed the eame for the purposes } - Helen H. Warxen ~ therein expressed. And the said ~ I s. wife of the said ~ W• T• Warren, .JI . _ upon a separate and private exam~nation by me taken s~parate and apart from har said husband, acknowledged to and before me that she e:ecvted said instrument freely and volun- f larily and w~lhoul any compuision, constraint, appreher.sion, o fear of or from her said husband. _ - [ j= Y~fTIVESS my hand and offic~af seal this day of June ~ A. D. 19 7S . i, - - ~ l: . - ~ ~ - Notary Public in and fpr the of Florida af large tAy Comm;ssion expires: ~ 3r O•'G Retum To: _ • , ~ - - - First FederaV Sa•rings E Loan Association - : - _ " ~ ~ ' Of Fort Pferce. ~ . ' , - ForT P~erce. Flcrid3 fy(~~~9 ~E ~.~?g ,,l~~ts1111t;;•,_t~ . i 1 ~s ~.R t~ r, e ~ C~~~ ` i ~.`l~ <<~" ; = ~ ~Q~r~ ~ ~ auE~~ a~~~ ~ ~ _ s,~.,~- ~ - ~ R!~'IE9 . t" e J•'.,',.. Th+s lnstrument Prepared By John W. Collins . RE~~~ ~ ~ =1~~`~`:~ ' f First Federal Sa~ings & Loan Assaciation - R ~ ~ . ~ :~~4~~5~~' ° ~ ~ K ~ 4 i of Fort Pierce , Flor id~ . ~ _ _ • ~ N' r JT r li ~ ~ _ ' ~ _ ' fj~ • v - '`~~-C\ . ~ Checked Sy . _ = J~` # ~~113.2~ r : i ~flOK~~~t.! PAG~~~7~~ ~ - - ~ . .c.' - ' . Y - _ ~r , ~ ' - . . ~ ~ - . . a j r .