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Home My WebLink About0889n .' ~- a~~ r J~ Ph~F ~~.~ 3 To p!xe and continuously keep vs the bui'dmgs uow or hfreaftes si;vete on said land and on ell eoulpment end parsunal(y covered by thrs mortg- age, with all premiums thereon paid in full, firs ir.;vrartce in t~ t~;ut!~It a rc~rvfor ,rs a turn ap proved by the MORTGAGEE, a^d windst^rm ins~~ranca in 1M usual sNndard poCc}• form, !n a wm eporoved by tho ~b"~~~iE,' ~n~uch company o! aur+penles es tine MORTGAGEE may dtreu; acd all fire and wincfatorm insistence policies on any of said buildings, any Interest therein or part thereof, in iha rggregata sum aforesaid or in excess thereof, shall conlein the bsvel starsderd mortgage dsuse or sue:, other clause es the Mortgagee may raqui», making the loss under said pol4- c;es, each end every, payable to ta(d MORTGAGEE as its intaratt may appear, and each •nd every such policy shall ba promptly a».gncd end delivered to any held by said MORTGAGEE as further security to raid mortgage debt, end, rset lets than ten (10) days In advance of the exoiratior. of each policy, to de- liver to said A10RTGAr'iEE a renewal thereof, topethar wits a receipt for tM premium of tdch renewtrl; end there shall be nc fire or windstorm inwrance placed on any of said buildings, any Interest therein or part thereof, unles in tM form enci with the lost payable at aforesaid; end jn the event any sum of money becomes paynb!e under such polity or policies said MOfTGAGEE shall have the option to receive and apply the tame on account of rho in,le6ted- n_ts secured hereby or to potm~l said MORTGAGORS to receive and uta it o: any- part Ihrreof (er other purposes, witho.,t thereby waivi-,~ or unpair- ing any equity, lien or right under or by virtue of this mortgage; and In the event laid MORTGAGORS shall for any reason }ail Yo keep the said premises so insured, or foil to deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium thrrefor or in any respect fail ro perform, discharge, execute, affect, complete, comply wish and abide by this covenant, or any part hereof, said MORTGAGEE may puce a~.d pay for such insistence or any part thereof without waiving or effecting any option, lien, equity, or right under or by virtue of this Mortgage, and the full amount of each end every tech payment shall be immediately due and payable and shell bear intertst from the date thereof until paid at the rate of nine per centum per annum and together with wch Interest shell be wcursd by tM lien of this mortgage. 4. To permit, commit or rvf{er no waste, impairment ur deterioration of said property or any part thereof. 5. To p•y all and singular the cosh, charger and expsmes, including a reasonablo attorney's fee and costs of abstrecb of title, incurred or paid at any time by talc: MORTGAGEE, because or In rho avant of the failure M the part of the raid MORTGAGOR to duly, promptly and fully perform, dreharge, execute, effect, compteto, comply ,v~th and abide by each and every the stipulations, agreements, conditions, end covenants of said promissory note and this mortgage. any or either, end raid costs, charges end exper ses, each and every, shall be Immediately due and payable; whether or not there be notice de- mand, attempt to collect or suit pending; and the full amount of each and every such payment shall bear Inierort from the date thereof until paid at ttva rare of nine par centum per annum; and aL' said coils, charger and expenses incurred or paid, V;ogatF.er witfl wch interest, shall be securrd by the lien of this mortgage. 6. That (a) in the avant of any breach of this Mortgage or default on iha pert of the MORTGAGOR, or ib) in the event arty of said sums of money herein refarr:rf to be not promptly and fully paid within thirty (~0) days next after the same severally become due end payable, without demand or notice, or (ci in the event each end every the stipulations, agreements, conditions and covenants of ta;d promissory note and this mortgage any or either are not fuly, promptly end fu?ly periwmed, discharged, executed, effect•rd, complete-f, complied with and abided by, then In either or any such event the raid ag- greg~te cum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hr:reby, shell become due end pay ab,e forthwith, or thereafter, at the option of raid MORTGAGEE, as fully grid completely ea if all of the said rums of money were originally ttipvleted to be paid on such day, anything in said promissory note 7r 1D this Mortgage to the contrary notwithsrsnding; and thereupon or thereafter et iha option of said MORTGAGEE, without notice br demand, suit at law M in equity, therofote~or tftareafter begun, may be prosecuted as it all moneys secured hereby had matured prior to its irtttitution. 7. That in the event that at the beginni•sg of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court ~iaving jurisdiction thereof for the appointment of a Receiver, such Court shall forrhN•ith appoint a receiver of said mortgaged property alt and singular, Indudmg all and singular the income, profits, Issues and revenues from whatever source derived, each and every of which, it being expressly understood, is Mreby mortgaged as if specifically set forth end described in the granting and habendum clauses hereof, and such Receiver shalt have all the brood end effective functions and power in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of absolu~'e right to said MORTGAGEE, and wi•hovt reference to the adequacy or inadequacy of the valve of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, end that such ren+s, profits, income, issues and revenues shall ba applied by such Receiver according to rho lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note artd this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a parson other than the MORTGAGOR, rho MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such tuccesaor or successor in interest with reference to this mortgage and the debt hereby secured in the tome manner es with Mortgagor without in any way vitiating or discharging the Mortgagors' liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged end no forbearance on the pen of tM MORTGAGEE or its successors or assigns end no extension of the time for the payment of the debt hereby seo~red given by the MORTGAGEE or its auccattort x assigns, shell operate to release, discharge, modify change or effec' the original liability of the MORTGAvOR herein, either in whole or in part. 10. It is specifically agreed that time it of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- cured hereby shall et any time thereafter be held to be a waiver of iha farms hereof or of the lnttrumant secured herby. t 1. In, addition to the foregoing n~.rnthly payments of princ~pal ana interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to ba equal to 1/12 of the annual cost of the follovr- Iflp: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carried on the improvements situate o e the above described premises. C-Premiums on such mortgage guaranty insvrarce at mortgagee shall from time to time deem fit to carry on the loan securrd hereby. Alortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and tuck Burn shall thereupon fx due and payable on the due dare of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shall ba applied by mortgagee toward 1M payment of real property taxes, Insurance premiums, and mortgage guaranty insurance premiums. I~r Y~ITNESS WHEREOF, the said h10RTGAGOR f+at hereunto set his hand and seal the day and year f" st aioresaid. / fined, Bled nd liver n in the Presence of: .a,a.a~ (Seat) - (Seal) (Seal) (.Seal) STATE OF FLORIDA St, Lucie ~~ COUNTY OF Before me personally appeared •T9~f°T'SGit")-~Ai3i'A9 and QL1ABri_r1AT.LT'09 his wife, to mo well known end known to me to be tM individuals described in end who executed the foregoing instrument, and acknowledged before me that they executeu the some for the purposes therein expressed. And the said ~P eri MOT'1rQH wife of the said Jefferson Monroe u•hn a teperete and private examination by me taken teparata and apart from Mr raid husband, ackmwladged to and before rise that she executed said instrument freely end volun- eerily and without any compulsion, constrdlnt, sppreMni+ort, or fear of or from her said husband. WITNESS my hand end officit.l seal this Zb7rh day of A. 9. T9~2 r No!sry Public In and for the 51ate of Fbrlda at Largo - My Commitiron exp?res: Return To: Flnr Federal Sav;ngs 6 loan Association of Fort Pierce. ~ Notary Public, State of Florida at Largs Fan Pierce, Ecocide ~ h1y Comm~ss:or+ Expires hpril 24, 1965 `s,.•s,,:uu+hr ~.~~~~ :Boti~ioi,fs• r.r..or,-=, ~uretY Co. of N. Y v, .~,,.~,~~, c~~.~;r~,,r v ED AND n ,,... ~.~..r.,r,~y . fI~ • . . _ '. z3 •" ..,L= - ° . X462 ~IJi! I9 ~~ ? 'r:=~: ~• ~ -~' . , - n' ~PUG~~" -- ~ ~ ~ :F , , . cam -- - R01;t~R POITRAS :` ' °;"i ClcRlf ~ ' ~,~;;.... ~,,:~ __ g , , . , 0 I ! ~•. 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