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Home My WebLink About1163 i i 3. To place and continuoualy lceep on Ihe bui!dings noN or hereafter ~~tuate on sa+d land and on all equipmen~ and pe~son~ify covered by this mortg- ~ ege, with a~l premiur.rs Ihereon pa:d in (utl, firc insurance in !h~ usual stand»d polity fo~m, in a sum approved by Ihe h10RIGAGEE, ar.d windstorm ~ Insur~nce in ihe ~sua! sranda~d pol~cy form, in a sum approveJ by tha h50RTGAGEE, in tuch con,pany ~r compnnies as tne A10RTGAGEE may + dired; and all fire anJ w~nditorm inwrance polides on any of sa;d build~ngs, a~y iMerest therein or part thereof, in fhe agg~egatr ~um aforesaid ar In extess Ihereoi, shall contain tha usual sta~~dard mo~tqagee clnuse or such other clause as Ihe Mortgagee may requ~re, making ihe losf undrr sa~d poli- cies, each and every, payab'e to said hIORTGAGEE as its interest may appear, and each and every s~ch pot~cy shall be promptly ass.gned and defivered ~o any held by said hIORTGAGEE as furthrr security to sa~d mortga9e debr, and, not less than ten (10) djyi in advance of the expiration of each pol~cy, to de- . live? to said h10RTGAGEE a rtna~val thereof, ioge~her with a reteipt for Ihe premium of such renewal; and there shall be no fire or windstor~n ins~rance p!aced on any of said buildings, any interest therein or part thereoF, unless in the form' and ~vith the loss payab!e as aforesaid; and in Ihe evenl any sum ~ of money becomes paya5te under such poticy or policies said h10RTGAGEE shall have the ~pYori to receive and apply the same on account oY the indebted- , i ne~s secvted hereby or to permit said MORTGAGORS to receive and ~se it or any part thereoi ior other purposes, w~thaut thzreb~ ~va~vi~~g or ~mpair- j ing any equ~ty, lien or righi under or by virtue o~ shis mor~gage; and i~ the evenf sa~d A10RTGAGORS shaft for any reason fai! to kecp the ~ai~ premise~ so ' insvred, or fail to delivar promplly any of s~;d poGcies of insurence to said AtORTGAGEE, or fail promptly to pay fully any premium therefor or in any f: rtspect fail to periorm, dlscharge, execute, e(fect, compfete, comply ~virh and abide by thls covenant, or any part Fereof, said h10RTGAGEE may pface and pay for such insurance or any parl Ihereo( withoui walving or affecting any option, lien, equ~ty, or ~;ght under or by vir~ue o( Ihis Atortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interes~ irom tha date thereof until paid a1 the rate ol nine per centum per annum and to~ether with such interest shali be secured by the lien of this morfgage. 4. To permit, comrni~ or suf(er no waile, impairmenl or deterioration of said property or any part thereof. j 5. To pay all and si~gular the ~costs, charges and expenses, including a reasonabte aitomey's fee and to~ts of abstratts of l;tle, incurred or paid at any time by said h10RTGAGEE, because or in the event of the fa;lure on the parl af the said h10RTGAGOR to duly, promptly and fully perform, d~scharge, execute, effect, complete, comply with and ab:de by each and every the stipulations, agreements, conditions, and covenants ~f said promissory note and this mortgage any or either, and said costs, charges and experxee, each and eve~y, shall be immedintely dus and payable; whether or not rhere 6- notice da mand, attempt lo collect or suit pend~ng; and the full amount of each and every euch payn,ent shall bear interes~ irom the date thereof until paid al the ~ rate of nine per centum per annum; and all said coits, charges and expenses incurred or paid, together w~ih wch interest, shaN be secured by the lien of th;s mortgage. b. That (a) in the event of any breach of th~s Mortgage or defavlt on ths part of the MORTGAGOR, or (b) in the event any of eaid sums of money herein referred to be not p~omptly and fully paid ~vithin thirty (30) days next aiter the same seve~a~ly hecome due and payable, wilhout demand or notice, or (c) in thr event each and every fhe sliputarions, agreements, conditions and covenents of said promissory note and this mortgege any or either are not ( ~uly, promptly and i~lly performed, d~scharyed, exec~ted, effecred, completed, <omp6ed v~ith and abided yy, the~i in either o~ any such evenl the said ag- 1 gregate sum memion ~ in said promissory note then remaining unpaid, witF interest accrued, and all moneys secured hereby, shall become due and pay able fortl~wilh, or thrreafte~, a! 1he opTion o} said MORTGAGFE, as fully and completely as ii all of the said sums of money w~ere originally stipulated to be paid on such day, anything in sa:d promissory note or in this Alortgage to the comrary notwithstandin~; and thereupon or therea(ter at the option of said h1~RTGAGEE, without notice or demand, suit at lacv or in equity, therefore or thereafrer begun, may be prosecuted as if a!I moneys secured hereby = had mawied pnor to its instilution. s 7. That in the event that at the beginning of or at any time pending any su~t upon this hlortgage, or to foreclose it, or te reform it, or to enforce payment of any claims hzreunder, said MOETGAGEE shall app~y to ~he Cour1 having junsd;ction thereof for Ihe appo~ntment of a Reteiver, svch Covrf ShaN ; .o~~.~.,~... o - - - ~ • ^t s_Sa ^=.•e^°^°a ^•^^~<<; ,~~t ~;n~~~lwr ;n~1„d,n~ ali and sinoular the income. o+o(its, issues and revenues (rom whatever ~ eource derived, each and every of whlch, it beingrexpressPi understood, is hareby mor~gaged as ii spec~Fically set forth and described in the g~anting and - habendum clauses hereof, and svch Receiver shali have alt the broad and eflecr:ve funct;ons and powers in anytiv'~se entrusted by a Couft fo e Receiver, and such appointment shall be made by such Court as an admitted equity and a mafte~ of absolure righ~ to said h10RTGAGEE, and withoul ?eference to the adeq~aty or inadequacy of the value oi the p~operty mortgaged or to the sotvency or insolvency oi said MORTGAGOR or the deiendanls, and that such ~ rents, profits, income, issues and revenves shall be appl;ed by such Receiver accord~n4 to the Gen or equiry of said MORTGAGEE and the prauice of such Cnurt. i 8. To duly, pron,p~ly and fully perform, d~scharge, execute, effect, complete, <omply with and abide by each and every the stipulations, agreemenls, # ~~^~:t:c^: =_-_•,_^ts :n sa;~ ¢aom;~so•y note and thts merraage Yet forrh. ~ 4. That in 1he event rhe ownersh~p of the martgaged premises, or any part thereof, becomes vested in a person olher than the MORTGAGdR, the ~ h10RTGAGEE, its success~rs and assigns, may, wi~hout notice to the MORTGAOR, dea: w~th su:h wccessor or successor in interest ~vith reference to this mortgage and the debt hereby secured in the same mannzr as w~ih hlortgagor withoul in any way vitiating or discharging ~he ldortgagors' tiabilify here- under or upon the debt hereby secured, No sale of ihe premises hereby mortgaged and no 1o~bearance on the part of the MORTGAGEE or its successors or assigns and no exte~:ion of the time for the payment of the aebt hereby secured given by the thORTGAGEE or i1s successors or assigns, sliall operale to release, discharge, modify change or affecf the originat liab~iity of the MORIGAGOR herein, either in whole or in pa~t. ` f0. ft is spacificatty agreed t~at Iime is of the essence of th~s contract and ?hat no waiver of any obl~gatlon hereunder or of 1he obligation se- t~red hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tio~ to tne forego:ng r~onthly payments of p;inc'ppl and ir.terest required 'oy the prom~ssory nete secured her~by, mo:tgagor covenants and agrees to pay to mort~agee with each monthfy payrnent an add~rional sum est~n,ated by morigagze to be eq~al to 1 f 12 of the annual cost of the follow- ing: A-All real property taxes levie~' or asseased ag~i~st the above described real estate. 4 8-Premi~ms on fire and vfindstorm insurance as here~n reau~red to be tarried on the improvements situate on the above described premis=s. ~ C-Premiums on such mortgage guaianty ir.surance as mcr~gagee shall from t~me to time deem fit to carry on the loan secured hereby. ~ 1~!ortgagee shai( from time to time notify martgagor in writing of fhe amount due and payabte hereundar and such svm shall thereupon be d~e and ~ payable on tfie due date of the next monthly payment and each successive month thereaiter ur,til mortgagee shall not~fy mortgagor of a change in such ~ amou~t. Such sums sha!) be applizd by ~nortgagee to•r:ard the payment of real property taxes, insurance prem;ums, a~~d mortgage guaranty insurance premiums. IN \"~ITP~ESS ~'~HEREOF, the said h10RTGAGOR has hereunto set his hand and seal the day and year fir t aforasaid. igned, Se d and livered in the presence of: ~C~L~"L'1~ti - ~ _ (Seal) . (Seal) (Sealj (Stal) STATE OF FLORIDA ~ + COUNTY OF S t. Lu c i e ~ .1 . ~ 8efore me ersona!! a z p y ppeared OY1T1 ia rke r and ~ Gertrude Harker his wife, to me well known and knovrn to me to be ~ tfie individuais oescrioeo in anci ~vho execuled ti~e ' ' ~ ~--a ;ti~.. . a ~he . e f,,. ~1,e „ ,.~,~,pe . IVECyVlil' IllilivlliCi~i~ oi~u atwiivrv.c vc.v~c Z`~~.,~.~,~ ~ ~ '~yc~ 1 r..' tfierein expressed. And the said G e r t rUC~ @~ia rke r y"~ W~re ot,n~ said John Harker ! upon a separate and private i examination by me takert separate and apa~t from her said hu~band, ackno~vledged fo and before me that she execvfcd said instrument freely and volun- ~ tarily and withoul any tompulsion, constrainl, apprehension, yS fear oi or from her 'said hJsband. ~Y LL WITNESS my hand and official seal this_ r~~ day of A. D. 19_s~i? ~ ~ii::.,~ i t :~_~~.lr' ~ « ? E C R D~ C Notary Pu in and for the Stat~~};Fibiida ai't~p,•_~ . • •9~~ ~V f~{y Com ss~n xpi es: - , .3 ~ ~ o .n i , ~ Return To: y ~C~I 0 4 K - 7 ' ; ~-r , ~ Firtt Federa) Savings 6 loan Associat~on ``'%~`-'"~r' ~ ~ ~;Otdry PUbI!C, ~fateaof Fiorida at~~~ A~~ . Oi Fort Pierce. G~-{~t~~..~ i.ty COtil~1~SS;QR-~ ~~F58 At~g.~ G,. 1JU~ • r" ~ ' fort Pferce. Florida t„ .~i 4 • • t~..0I1dQd By /~ql~'I`'~11.S~~i~! 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