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HomeMy WebLinkAbout0789` 900K 2 x.80 3. To place and continuously keep on tfte bulldirtga now of hereafte altuah on ald lard and on all equipment and pertor»Ily cowed by this mortg- age, with all premiums thereon paid M full, fIn kaurance M the yawl stardard polky form, M a sum approved by the MORTGAGEE, and avindstorrn {nswance in :ire wwl standard policy form, In • stets approved by site MORTGAGEE, N ttxh company a eompsnie a the MORTGAGEE may direttt and a!( fire and windstorm Inswance polkie on any of ald buildups, arty Inhreft therein a part tMreof, M the aggregate sum aforesaid or in exact thereof, shall contain tM wual standard mortgagee clause or such other taus a the Mortgage+ may require, making site loss under aid poli- ties, each and every, payable ro aid MORTGAGEE a iri interest may appear, and each and awry such polky shall bs promptly assigned and delivered ro any held by aid MORTGAGEE a fwther security ro ald mortgage debt, and, slot leas titan ten (10) days In advance of the expiration of each poky, ro de• liver to aid MORTGAGEE a renewal thereof, together with a receipt for tM premium of such renewal; and there shall be no fin or windstorm insurance placed on arty of aid buildings, any interest therein or part thereof, txtlta In the form and with tM lost payable a eforeaid; and in the event any sum of money becomes payable under such policy or policies aid MORTGAGEE shall haw the option ro recehn and apply tM same on account of tM indebted- nesf secured hereby eve to permit aid MORTGAGORS ro receive and us It or any part thereof for other purposes, without thereby waivilag or impair- ing any equity, lien a right under or by virtw of thin mortgages and In the event aid MORTGAGORS shall for any mason fail to keep the aid premises w insured, or fdl ro deliver promptly any of aid polic'te of inswance to aid MORTGAGEE, a All promptly to pay fully any premium therefor a in any respect All ro perform, discharge, execu», effect, complete, comply with and abide by this covenant, or any part hereof, aid MORTGAGEE may plan and pay for such irtwrance a any part thereof without waiving a affecting any option, lien, equity, or right under or by virtw of this Mortgage, and the full amount o/ each and every such payrtaeM shall be immediately due and payable and sl»II bear Interest hom tM date thereof until paid at tM re» of nine per certttrrrt per annum and together with such fnroret sl»H be aecurtd by the Ifen of tft4 mortgage. 4. To perttnN, corrrnlt a svffa no wets, impairment or 1letertorarton of sa progeny or «ay ~+; ~•+ .~•- S. To pay all and ttrpular tM cosh, charges and expanse, indtrdirtg a reasonable attorney's fee and cosh of abstracts of title, incurred or paid at any time by aid MORTGAGEE, beceus or M tM everts of tM failwe on tM part of the aid MORTGAGOR to duly, promptly and fully perform, discharge, execute. effect, complete, comply with and abide by each and every tM stipufatiorta. agreements, cortdrttora, erect covet»nis ui aiiu j.co.~.:a,:,.y rr:e ,;..,:::w mortgage any or either, and aid cosh, cMrges and expertas, ea19a and every, shell be Inrr»diaMly dw and payables wMther or not tMre bt notice dr msnd, attempt c~liect or wit ptndirp; and ttte full entauni of .ac,::1,3 ..::y :.~:. ~,a-~:::5 shell bear interest from tM date thereof umil aa;d at the rate of nine pal centum per annum; and all aid costs, ctarge and expertss Mturrrd or geld, together with stsct interat, shall be secured by the lien of this mortgage. 6. That (a) In tM event of anyyreach of thb Mortgage a defauh on the pert of the MORTGAGOR, or (b) fn tM event any of aid sums of money herein rofernd ro be not promptly .red fuly geld witMn thirty (30) day. next after the came swralFy beoarte dw and payable, without demand or notice, or W in tM event each err! every the stipulatiors, preamenri, conditiora and covenanri of said promissory note and this mortgage any or either are not fuly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, then in either or any such event the aid sg gregate sum mentioned in ald promissory rate than remaining unpaid, with inMret aeertrad, and all trtorteys secured hereby, shall become dw and WM -bla fart`::ith, ~ tf•.::~-ftc: .the ep:i3:t of ssid !Y1DTGAraEE, es hilly and t:ornoleteH e H all of the aid sums of mousy were originally stipulated to be paid on such day, anything in aid promissory note or in this Mortgsge to the contrary notwitlwtanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefor or thereafter begwb may be prosecuted as if all moneys secured hereby had matured prior to iri institution. 7. That in the event that at he beginning of or at any t;me pending any suit upon this Mortgage, or ro foreclose it, w to reform it, or to enforce payment of any claims hereunder, aid MORTGAGEE shall apply to the CouA having jurisdiction thereof for the appointment of a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, including all and singular the income, profits, issues and revenues from whatever source derived, each and every of which, it being expfessly understood, is hereby mortgaged as if specifically at forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions and power in anywise entrusted by a Court to a Receiver, and such appointment sMn be mat7e by such Lours as an admitted equity and a matter of abswluts rpht to aid MOKTVAG[c, and wuhout reference io free adequacy o* inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, end that such rents, profits, income, issues e.^.•! revrn~•es ohs!! be spplied by such Receiver scc^.-rdirr~ to the lien or equity e! said JJ!ORtCiACitt and ties practice of such ~.VVI1. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condition and covenants in said promissory -vets and this mortgage set forth. 9. That in the event The ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such suaessor or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiatirtg p disthargirp the Mortgagori liability Kerr under or upon the debt hereby secured. No ale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or iri wccessors or assigns, shall operate to release, discMrge, modify change or affect tM original liability of the MORTGAGOR heroin, tither in whole or in part. 10. It is specifically greed that time Is of the esance of this contract and tMt rto waiver of arty obligation hereunder a of the obligatan se- cured hereby shall at any tint theresfter be held to be • waiver of the terms hereof p of the ktstraxttent secured herby. IN WITNESS WHEREOF, the said MORTGAGOR hat hereunto set his hand and aal tM day and y first aforessld. S' n d, Se ad and elf ~ in th presence of: ~ r J / " ~,^./•t (Seal) ~(/~ Q 1l~ Seal ~~.~ ~~~11llSdtaZ - (yap STATE OF FLORIDA r~aq 3~int Lucie ~ u- couNTY of before m. personally appeared Robert Larkins and e eri ri eraOri ar ria his wife, ro m. well kntswn .rd known to m. to be the individuals deaibed in and who executed tfta foregoirp imtrurttertt, std acknowledged beoor me that +f~c exeart ttte tame for tM purpose therein expressed And the Helen Anderson. Larkins wife of the aid Obert ark na upon • separate and private examinatjon by roes taken sparaN and apart from her aid husband, acknowledged ro and befor me that sM exetxrted old instrurrtertt frsly and voltxt- tardy and without any compulsion, corritralnt, appreheroion, or fear of a from her ald htnband. niTric.~ii rriy narwi W>v vfiiCia( i,i~( nn f ~ day 4f ~t.~-F~~Fa~~ R. D. 14.x_ Notary Publk fn the Shte ids at Large Rehrrn Tos ~ First Federal Sevirps i loan Association Notary ,State el Hotide el Lu/! of Fort Pierce. M~ CArrttaissiou Ettpires l~n. 24, 19b4 fort Pierce, Florida etkee.a sy Ju,.lk.. role a c+tasay G. ~.. ••w• •- ~ -. 91586 ~. , ., . L';!; role. ,- :~. ~r1,: f= a,..••t•jLtlJ~grr~'t'.~'.'. /~ oT t ~ ~ ~~ ~'~ ~ ~ FILED ANO RECORDED ~.,•. •• . .:~'•.• ~ :+ fir w r, ^'•~:.; T` •'~T - ~~' , `~}{y~~~~~.,: ~ `-'= .~ 191 Jn~~ 18 'PM'?_' ~? ~rrrur..l,asaaa` -':>'te'~~:'vlq°T','!% V S %~'~ •s" ROGER POITRAS, Cl~''s% " ' ~ ~ •,: sir - ~„ ~ ST, IUCtE COUNTY, fLUi, --~ %,~ N4: Y.. I ~ ~ •t~ ~