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Home My WebLink About2139~U~tz 52 ~ ~~~ 75 3. To place and continuously 4.aep on tM bu!•dtngi now M Mrsaftat allva!a on said land and vn ell egwpmast and personally covered by Ihrs mortq- aq a, with ail promtunu shereon paid in full, fin irswranca In tM uawl Narvfsrd psdicy form, in s wm approved by tM MORTGAGEE, and windstorm insurance in the uawl standard policy form, in • w>r approved by tM MORTGAGEE, in such cors:pany or ;orspan?ea w tM MORTGAGEE may direct; err! all fin and windstorm Irqursrsce poikias on any of uid buildings, any Ir.Nraat therein of part thereof, to tM sgpregata sum aforrsaid or In excess thereof, sf,all contain tM usual Narsdard matpavaa tlos»e a such other claua et 1M ,Yiortysgea may regviro, making tM low under seid poll else, oath and every, payable ro uid I~ARTGAGCE u It• EnM-ssi may appear, and each and awry such policy sMG S• promptly aw:grsad and delivered to any held by asM MORTGAGEE q furihar security to said mortQpa debt, and, not law tMn tan (10) days In advance of tM exptratran of each poi?cy, to de- liver to uid MORTGAGEE a rorwwai tMreof, together lwfth a receipt for tM premium of such renewal; _ and iMra sMil be ra fire or windstorm Inwronce placed cn any of uid buildings, any interns! therein or, part thereof, unleu In tM form and with tM low payable a afereaaid; and in the went any wm of money becomes payable under wch polcy or policies uid MORTGAGEE atoll haw the option to receive and apply the same on account of the indabtad• Hess secured heroby or to permit said MORTGAGORS tb rKNw end vas it'or eny pert thereof for other purposes. without thereby wen,ng or impair• ing eny equity, lien or nght under or by virtw of Mh mwtgager and In the went uid ktORTGAGORS sMll fa dry reason fall to keep tM and promises so insured, o- fall ro dalivsr ~:omptiy any of said policies of Inwrenca to uid MORTGAGEE, or fail promptly to pay fully eny premium therefor or in esy respect foil to perform, discharge, axecusa, sffatl, complete, comply with and abide by this covenant, or any part hereof, Bald MORTGAGEE may place and pay for such Insursnca or any part tharsof without waivirsq or affadirsg any. option, Ilan, equity, or right under a by virtue of this Mortgage; and tM lull amount of each aril ovary such payment atoll M immediately due and payable and shell bear {nterest from tM data thereof until paid st the rate o} Wino per centum par annum and together with wch interest shall be secured by tM lien of Chia mortgage. I. To permit, commit a suffer no wars, impairment a deterioration of acrd proparry or any part tl»reof, S. To pay all and singular tM costa, charges and axpen-ea, Inc~uding a raasonoble attorney's fee and coats of abstracts of title, incurred or paid at any time by Bald MORTGAGEE, because or in the event of the failure en the part of the said MORTGAGOR to duly, promptly and fully perform, discharge. execute, effect, complete, comply with and abide by aech and every tM stipulations, agreements, conditions, and covenants of said prom(ssory Wore end this mortgage any or either, and said coats, charges and expenses, each and ovary, atoll be Immediately dw and payabla;.whether snot snare be notice de- mand. attempt to collect or sail pending; and the full amount of aech and wary such payment ehall boar Interact from the data tharsof until paid at the rare of Wins per cantum peg annum; and all ss'd coats, cMrgas and expanses irKUrrCd of paid, togetMr with wch in»nst, shall be secured by the lien of this mortgage. 6. That (a) in the event of any breach of this Mortgage or default 'Z^ the part of tM MORTGAGOR, or gib) in the avant any of said auras of money herein referred to be not promptly and fully paid within thirty (30) days next after the lama aeverelly become due and payable, without demand or notice, or (c) In tM event each and ovary the stipulations, agreements, conditions end covenants of said prcvnissory note erd this mortgage any or either are not ~~ly, promptly and fc•Ify performed, discharged, executed, affected, completed, complied with and abided by, then Ii either or any such even! tM said ag- Qrcgate .sum mentioned In sold promissory note then ramainlrtq unpaid, with Intarnt acuved, end all moneys secured hereby, shall become due and Fa~- able forthwith, w thereafter, at the option of raid MORTGAGEE, as fully and completely as If all of the said sums ui money were originaiiy ai~pulated to be paid ors such day, anything In seid promissory rrote a in this Mortgage to tM con!rery notwithstanding; end thereupon w thereefur at the option of said MORTGAGEE, wit;,out notice or demand, suit at law or in equity, therefore or thereafter begun, may be prwecuted as if all moneys secured hereby had matured prior to its institution . 7. That in the event that at the beglnninq of or at any timo pending any suit upon this Mortpaga, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, aatd MORTGAGEE chall apply to the Court having jurisdiction thereof for the eppnintment of a Receiver, such Court shall Forthwith appoint a receiver of Bald mortgaged property all and singular, Including a!I and alnqular 1M income, profits, iuues end revenues from whatever source derived, aech and every of which, it being expressly understood, is Mreby mortgaged as if specifically ut forth end described in the granting and habandvm clauses Mreof, and such Rece?vet shell have all the broad and effective functions end powers in enywiss entrusted by a Court to a Receiver, end such appointment shall be made by such Court as an admitted equity and a matter of ebsalute right to said MORTGAGEE, and without reference to the edeq•,acy or inadegvecy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, Income, issues end revenues shat! be applied by such Receiver according to the lien or equity of said MORTGAGEE end the practice of aech Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with end abide by 'ach and every the strpuletions, agreements, conditions and covenants in said promissory note end this mortgage sat forth. 9. That In the event 1M ownership of the mortgaged premises, or any pert 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 successor 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 vitiating or discharging the Mortgegori liability here under or upon the debt hereby secured. No sale of the premises hereby mortgaged ar•d no forbesnnce on the part oI the MORTGAGEE or its successors or assigns end no extension of the time for the payment of the dab: hereby secured given by the MORTGAGEE or its successors or assigns, shall operate tc reln:se, discharge, modify change or affect the original liability of the MORTGAGOR Mrein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract end that no waiver of any obligation hereunder or of the obligation se- cured hereby shall at any time Ih!reafter be held to be a waiver of the terms hereof or of tM instrument secured herby. 11, in addition to the fo+egoing monthly payments cf print'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to •TOrtgegee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described reel estate. B-Premiums on fire and windstorm insurance ss herein required to bo carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to lima deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder end tuck sum shell thereupon be due end Payable on the due date of the next monthly payment eny aech autcetsive month thereafter until mortgagee shall notify mortgagor of a change in such amount. $u.h sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, and mortgage guaranty ~nsurance premiums. IN \YITNESS WHEREOF, the said MORTGAGOR has hereunto sat his head and seal the day end year first aforesaid. Si ne Se led and elivered in the presents oft ~ ~/ ~ (seal) ~,~_ ~~t.t-`-~ (Seal) _aiz ~ -(Seel) • (Seep STATE OF FLORIDA ~ ~"• Jr COUNTY OF . ., t, . LuC ~ @ I ~7~~rr..+=~.: `: _` '• ~'~ '-- ~he:~ter F. "•lfTtkins -` ~= ~~ ~ '=~~aa Before ms penondly appeared - ~ • ' ~, I •r~ ~Y `tnr~~aret ?3 '•;!~ tkins his wife, to me •«elt ~ft~ t ~ ~ t~ fp~a the individwb described In and who executed iM fwsgoirsg instrument, and acknowledged before ms that they exscu(t1~ ~ rpoeew therein expressed. And the seid_ ?~T~AT^St ~+-w~~:kirig -$t •Zl~H,T off; wife of the said i~1'lA9tAI' F' t~++r`Iilk TZQ - lvTT ~'~ °fO examination b me taken se orate and a art from her seid husband, acknowledged to and before ms that she executed said 6W L'Ytea~41'~ rw~ofan• rarity and without any compulsion, constraint, apprahera' n, or fear of a from her sold husband. Y4rr, ~~~ 1~,.;;;: •` WITNi55 my hared and official teal this--1~~-~L-- day of nA C!Am~A r •rr~ttrt~tt~ti1l4 i~ otary Public and for the Stars of Florida at largo My Commiuion szpiros: Return To: First federal §R a^. Pssociation -~. G,f ~P4it ;f',itrr'Yt. • : ~; Forj, ~IerN, fla'trle ~„ O .~' rr.r;r J~)~'~C' "'`~ 1! ~' t ~ i 1.~.1~ t4~ FILED AND RECOft0E0 1961 DEC 14 PM 2:54 ROGER POITRAS. CLERK ST. LUCIE COUNTl, FLORIDA Notary Puh~ic, St~(e of Noriea at lame fitly Commission Expires pee. 3, 1965 Iloedea by (i,si.ncae f:n A ~3t~+i~r S~