The URL can be used to link to this page

Home My WebLink About2563~. R, 5~ F~~SE 499 B:'I` K 3. To place and continuously keep on the buildings now or hereafter situate on said land and on all equipment and personally covered by this mortg- age, wits all premiums thereon paid In full, f(n Insurance in the u-wl sttndard policy form, in a win spprovcd by the MORTGAGEE, and windstorm insurance In the usual standard policy form, In • sum approved by the MORTGAGEE, In such company or companies as tf•a MORTGAGEE may directF and all fire end wirsdst«m insurerxe polices on any of ss{d buildings, sny Interest tharain or part thereof, in the sggregete sum aforesaid « in excess thereof, shall contain the uwd sNndard mortgagee clause or wch other clause ea the Mortgagee may require, tusking the loss under avid golf tics, oath and every, payable so said yIORTGAGEE as its Trite»st may appear, end each end very such policy shell be promptly au.gned and delivered to any held by raid MORTGAGEE as further security to said mortgage debt, end, not leu than ten (10) days fn sdvance of the expiration of ea;h polity, to de- liver to said MORTGAGEE • renewal thereof, together with a receipt for the prerrsium of wch renewal; and there shell bs no firs or windstorm inwrarce placed on any of said buildings, any interact tharain « part thereof, unbsa in t),e form and with the lots payable ss sforeuidF and in the event any win of money beco.res payable under such polity or policies said MORTGAGEE shall hays the option to receive and apply the tame on account of the Indebted- ness secured hereby or to permd old MORTGAGORS to receive and use it « any port thereof for other purposes, without thereby waivutg or nnpair- Ing any equity, lien or right under « by virtue of this ntortgaga; end in the event Bald MORTGAGORS shell f« any reason fail to keep the said premiset so insurrd, « fail to deliver promptly any of said policies of insurance to raid MORTGAGEE, or fail proriptly to pay fully any premrvm the•efor or in any respKt fail to perform, discharge, execute, affect, complats, comply with and abide by this cover=~~t, or any part hereof, raid MORTGAGEE may place aid pay for such insurance or any part thereof without waiving « affecting any option, lion, equity, or right under « by viriuo of this Mortgage, and the full amount of each and every such payment shall be immediately duo and payable and shall bear interest from the date thereof until paid et the rate of nine per centum per annum and together with such interest shall be secured by the lien of this mortgage. 4. To permit, commit « suffer no waste, Impairment or deterioration of said property « any part thereof. 5. To pay all end singular The costs, charges end expenses, including a reasonable attorney's fee end costs of ebatrects of title, incurred or paid at any time by said MORTGAGEE, because or In the event of the failure on the pert of the said MORTGAGOR to duly, promptly end fully perform, discharge, execute, effect, complete, comply with and aside by each and every the atipulationt, agreements, conditions, and covenants of said promissory note and this mortgage any or either, end raid costs, charges and expenses, each and every, shell be immediately due end payable; whether or not there be notice de mend, attempt to collect or suit pending; and the full smount of each and every such gagmen; shall bear interest from the date thereof until paid at the rite of nine per centum per annum; and all said costs, charger and expenses incurred « paid, together with such interest, shall be secured by the lien of this m«tgage. 6. That (a) in the avant of any breach of this M«:gage or default on the part of the MORTGAGOR, or (b) in the avant any of said sums of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand or notice, or (c) fn the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are not fviy, promptly and fully performed, discharged, rxecuted, effected, completed, complied with end abided by, then in either or any such event the said e~ gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured Iwreby, thail become dye and pay able forthwith, or thereafter, at the option of said MORTGAGEE, at fully and completely as if elf of the said rums of money were originally stipulated to be paid on such day, anything in said promissory Hate or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter et the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted et if ell menage secured hereby had matured prior to its instituiion. 7. ?hat in the event that at the beginning of or et 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 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 end revenues from whatever source derives, each and every of which, it being expressly understood, it hereby mortgaged at if specifically set forth and described in the graining and habendum clauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, a^d such appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without 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 rents, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said h10RTGAGEE 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 end 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 then the MORTGAGOR, the MORTGAGEE, its successors and assign:, may, without notice to the MORTGAOR, deal with such successor or tvccessor in interest with reference to Chit mortgage and the debt hereby secured in the same manner at 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 and no forbearance on the parr of the MORTGAGEE or its svc<ess~rs or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, 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 thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In tddition to the foregoing monthly payments of print pal and 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 be equal to 1 j 12 of the annual cost of the follow- ing: A-:al real rropcty t.::es levied or assessed against the above described real estate. B-Premiums on fire and windstorm irwranca as herein required to be carried on the improvements situate on the above described premiset. C-Premiums on wch mortgage guaranty inwrance as rnortgagea shall from time to time deem fit to carry on The loan secured hereby. Mortgagee shall from Lima to lime notify mortgagor in wri;:ng of the arnovnt due and pryable hereunder and such sum shall thereupon be due and payable an t'.s due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied 6y mortgagee toward the payment of real property taxes, insurance prem,vms, and mertg age guaranty msvrance premiums. IN YlITNES$ WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first o ai ign Baled an deli din the presente of: -(See t) / ~ (Seal) - (Seal) (Seal) STATE OF FLORIDA St. Lucie ~~ COUNTY OF - Hef«e me personally appeared H L Curry _ and Marian Curry also }mown A- Marion CurrY• his vrife, to me well known and known to me to be the individuals described in and who executed the f«egoing instrument, and acknowledged before me that they executed the name for the purposes therein expressed. And the said Marian urry_, x180 knQ>rtil aB Marion CLrry wife of the said H- L. C 1LZ'I_y upon a aeparete end private examination by me taken separate and apart from her said husband, ecknowiedged to and before me that she executed said instrument freely and volun- tarily and without any compulsion, constraint, apprehension or fast of or from her said husband. - WITNESS my hand and official seal this-.-_{aR/~ day of D tub A. D. 19~ Gam- r Notary Pvb!ic in and for iha Stat pride at Lsrge h1 Committion ex Tres: y P .i::,.~t:rtr Return To: ~ Notary Rublic, $ a•., r' " First Federal Savings b loan Association -A_~.~!_`f.i~s~ } t '' r.~ ~~'~ ~f F~Fye My Com,~;snon Ex~;:res i,,-t,;. iU, 19b~ Of fort Pierce. Fors Pkrce, Florida t»sdr! er Anv:an Fu, a Ca:.,:rr CoJ ,: ;'•~• ~l~t BOOK 1961 DEC 20 P~ 3: ~0 ROGER POITRASr CIEP,K S1. IUCiE COUNT'(r FLORID (~ `~ ..,t• ryy ~,.v 1 , y rr, _ ~/r ~'F~ "r1 ~r,. ~ • '.'•~