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Home My WebLink About2313 . -~T - ~w ~i . ' ~ 3. To plece and continuous!y kecp on the bui!dingt now or hsr~after ~ituete on sa~d land and on s!f equip~nent and pcrsonally covered by thia martg- F ~g~, with ell prem~ums thereori paid in full, fire insu~ence in the usual sta~dard poli<y fo~m, in i sum appr~ved by thr MURTGAGEE, snd windatorm j; insurence in the u~uaf srandard oof~ey form, in s aum approved by the MpR1GAGEE, in such company or companies at the MORTGAGEE may direct; tnd aH fire and wlndxtorm insurence polide~ on any of ~aid build'rn9a, •ny inrere~t therein or part thareof, in Ihr eggregare sum ~fur~said or I i:, in ~xees~ thereoF, shalJ contain the utual ~fanda~d mortpagee clause such other tlauae aa ~he Martgagee may requiro, makinq the loss undar sud po~i- ~ cies, each and every, payable ro said MORTGAGEE as its intere~t may ~ppear, and each and ev~~y such poi~cy sha!1 be promptiy ass.gned and detivered to •ny hald by seid MORivAGEE as further security ro said morrgage debt, and, not les~ lhan trn (10) days in advance of the expirat~on of each policy, ro ds- ~ liver to said MORTGAGEE e renewal thereof, together with a reteipt fbr the premium of such renewal; and ihere shall be nu f;re or windito~m inaurance I placed on any of said b~ild+ngs, eny interrst the~ein or part thereof, unless in the fonn and with the loss payable aa aforesaid; artd in the event any •um ~ ' of mo~ey become~ payeble unde~ wch policy or policies said MORTGAGEE shall have the option to re<.:ive and apply the san,e on acccunt of the indebtcd- i ness secured hereby or to pcrm~t ~aid MORTGAGORS to receive and use it or any part thereof for o~h,•~ p~rposes, .v~iho~~t ~h~rcur waivi~~g or unpair• in~ any equ~ty, (ien or righl under or by virtue of this mortgage; and in the event w~d AAORTGAGORS shall for any reaso~ fail to keep the said premises so (1` insured, or fail to delive~ promptly any of faid polities o4 inaurence !o ~a~d MORiGAGEE, or fa;1 pramptly ~a pay fully any premi~m rherefor or in any ~ raepect Fail to perfo~m, d~scharge~, exetute, effatt, complete, tomply witA •n~ ebide by fhis covenanf, or any part hereof, s~id MORTGAGEE may place end ; pay for such ;n~urance or any part thereof w~thout waiving ~ affxtiny any option, lien, equity, or right under or by virtue of this Moregage, e~d the full amount of each and tvery such payment shall be immadiate~y due sed payable and shall bear interest irom the date rhereof unril p~id af rhe rate ol ! nine per c~ntum p~r annum and to~er`ar With such interest shall be se[ured by the lien of fhis mortgage. ~ 4. To perm;t, comrnif or suffer no waste, impairment or •deterioration of said property Or any part thereof. ~ 5. To pay all and singWar the costs, charges and expenses, in[Iudi~g a reasenable attomey's fee and costt of abstracts of title, incurred or paid at ~ any tima tpy said AAORTGAG.E, betausa or in the event of the failure on the part of the said MORTGAGOR ro duly, promptly end fully perform, d~3[harge, j exec~ta, effect, complete, comply w;th and eb:de by eath and every the stip~lation~, agreements, condrtions, and covenants of said promissory note and this ~ ^ mortgage any or e~ther, and sald costs, cherges and expenaes, eath and every, shall be immeo~arely due and payable; whether o~ not thero oe r,orice d~ ! mand, attempi ro colfed or suit pending; and the full amo~nt of each and every wch paymem shall baar interes! from the date thereef until paid et rhe ~ ~ rate of nine per centum per annum; and ail said co~ts, charges and expenses ~nturred or paid, together with suth int~resr, shall be securod by the lien of thi~ mortgage. ~ 6. 7hat (a) in the event of any breach o~ this Mort9aQe or default un the part oi the MORTGAGOR, or (b} in the event eny of said sums of money herein referred ro be not promptly and fully paid within thirty (30) days neat after the same severatly become due and payable, witho~~ demand or notic¢, or (c) in the event each and every the stipuiationa, agreements, tonditions and covenantn of sa:d promissory r.ote and th;a mortgage any or either are not ~ ~~ly, promptly and t~lfy performed, discharged, executed, tffected, completed, compl~ed with and ab~ded by, then in either or any such evant thr sa~d ag• ~ ~ gregate sum mentioned in said promiasory note then remaininq unpaid, with interest accrued, and au moneys aecured hareby, shati become due and pay- ; eble forthwith, or thereaftrr, at the opticn of said MORTGAGEE, as fully and compictely as if all of the said wms of money were orlginally stipufated to be pa~d on such day, anything in sa:d premisaory note or in this Mortgage to the contra:y r.~twithstanding; and therevpon or thereafter et the aption of i sa~d MORTGAG:E, w~thout notice or demand, suit at lew or in equity, therefore or thereafrer begun, may be prosecuted as if rll moneys secured hereby 3 had matured pr,or to ~ts in5titution. 7. That in the event that at the be innin of or at a~ time ~ 1 g' g y pending any suit upon ~his Mertgaae, or to foreclose it, or to reform it, or to enforce ~ i ~ payment of any clafms hereunder, said MORTGAGEE shall appiy to the Co~n having jurfsdr.rion therea( tor the appointment of a Receiver, auch Court shal! Forfhwitn appcint a receiver of said mortgaged property aH and singuler, includ~n~ all and rngviar the income, profits, issues and revenues frem whatever source derlved, each and ever of which, it bein ex ressl understood, is hereb morr ac ed as if s-ec;ficall aet forth and described in tt~e rantin and Y 9 P Y Y 9 J N Y fl 9 habendum c;a~,ses hereof, and such Receiver shall have a11 rhe broad and effective tunct,ons and powers in anywise emrusted by a Ccurt ?a a Receiver, and 5: surh appoinrrnent shal! be made by suth Ceurt as an admitted equity and a matter of absolu;e right to said MORTGAGEE, and withoul roference to tne adeq~acy or inadeq~acy of the value of rhe property mortgaged or to the sorvency or :nso!~enty of said MORTGAG02 or ihe defendants, and that such ~ j ~ents, profirs, income, iss~es and revenues shall be applied by such Rereiver according to the lien or equity of taid MORTGAGEE and the practice of such Ccurt. S: ~ 8. To du!y, promptly and fully perform, discharge, pxecut<, effett, comptete, compiy wifh and abide by each and every the stipulations, agreements, cond~riona ar,d covenanra in sald promissory note and ihis mortgage set forth. ~ 9. Thet in the eve~t the ownership of the mortgaged premisea, or any part thereof, becames vested in a parson other than the MORTGAGOR, the MORT~AGEE, its successors and assigns, may, without notice to the MORIGAOR, deal with eu:h successor nr successar in interest with ~eference !o fh;s rnortgage and the debt he~eby secured in the same manner ae with Mortgagor without in any way vit~aling or d~scharg~ng the Mor.yagors' liability here- - u~der or upon the debt heretiy sec~red. No snle of fhe premises hereby mortgaged and no forbearance on the pan of tne MORiGAGEE or its successors or assigns and no extension of the time for the paymenf of the debt hereby sewred given by the +'~ORTGAGEE or its sucteasors or ass~gns, shail operate 3; ro reiease, ~~scharge, modify change or affect the original liability of the MORTGAGOR fierein, zi!her in whoie or in part. 10. It is spec~fically agreed that time is of tfie essence of this controct and that no waiver of any c,bltgatlon hereunder or ef tF~e obfigation sr cured he~eby shaii at any time thereafter be held to be a waiver oF the ferms hereof o~ of the instf~menf secured herby. ; ~ t i. In add~tion to the ,'orego ng monthly payments of princ'pni and intere:t required by t~e promissory no?e secured hereby, mortgagor covenants ar,d aorees to pay to morsgagee with each monrn!y payr~ent an add~tional sum es!:mared by mort~agee to he eq~al to 1~ 12 of the annual cost of the follow- ~ A-AI( reaf property raxes tevied or assessed agac;st rhe above described :eal esta?e. ~ in~: ~ , ' ~ B--Prarci~ ns on fire ard windsiorm insurarce as here~n roqu~red to be carried en !he ~r*~rroveme~ts sit~ate on th~ above d°scribed premises, ¢ C-Premi~~n's on such mortgage guaran!y insurance as ~rorlgagee shall from rme to time deem fit fa carry on th~ loan secured hereby. ~ z hlorcgagre stia'J f~om ti«ia io time notify mortgagcr in writir.g of the amo.~^t d~e and p~yable hereunder and sc.ch svm sha11 rhereupon be dua and u ~ fsyable on th~ d~c ~at~ of ~h~ next mo~th;y Fayment and each succ~rssive mon'h thereaft~r ~r,til m~rtgageE shall not~fy rnortgegor of a change in s~th ~ a~,:ount. $uch sums sh.ail he arplied by mortgagee towa;d the paymeM of ieal property taxes, insura~xe prem,ums, and enortgage guaraniy insurar.ce ; aremiums. ~ Y ~ 1N YJITNESS WHEREOF, the said MOR7GAGOR hai hereuneo set his hand and seal !he day and year fira aforesa'd. „ ~ ~ 5i ne , 5e and livered in the preaence of: _ {Ste!) ~ ~ ,i ~ ~ _(Seal) ~ ~ ~ - tSeal) ~ ~ (Seel) ~ ~ ~ S1AT[ OF FLOR;Dk ~ ~ } COUNIY Of S'1 pl .~~1)_~~ ~ _ j u. 1 Before me penonally appeared T~~ Q~,Q~~'.-. T~1,QY' and ~ ~ ---~-~-~.i~ ~ r-_ T~Y~ '~t' _ his wife, to me well known and kno~wn to me to be , Ihe ind~viduals described in and who executed the foregoing instrument, and acknowled~ed before me that they executed the same for the purposes f ~ iherein expressed. And the said__~ CilOt~l.Cl@ m~ 103' ~ ~ ~ .vife ot the eaid T,l ~j ppr ~ 1 - upon a separete and private ~ ~ eraminaNon by me laker separate and aparl from her said husband, acknowtedged to and beiore me that she executed said instrument freeiy and vofun• ~ ~ ranly ar.d w;tfiaut any c~mpulsion, constrairt, apprehe ~on, or fear of er from her said husband. ~ i ~ WITh'ESS my hand and officia! sea~ this___ ~ day'of !Jl~ A. D. 19 6 ` i~ t ~ ~ _ ~ • Notary Public in and for the State of Florida at Large ~ My Commission ezpires•, ~ ~ Return To: A G RECQRDED kbTa~v rnp!1r, ST.".TE r~ FIr,:~ ~ ~ Fi;st Federal Savings E~ loan Assoc;ation i~~~!~--~R~QK A{Y CG'..:;.' K, c1;C5 0'. T, i• ~ BO~tD=D 7.~ . . . _ . _ _ . ~ 9f ~c,iG,P~erce. ~ ' ,F,urt.p~r~.: Fiori~a C7~ ~ o '~5 ~UL ¢ I P~~ 3: SU ~ I ~ . . ' _ : • ,.1 r~ ~ ; . . . ~ . . - . i ! 3 ~ ~ . ~ ~ ~ W • RGGt~i~ r~v. ( r~,:.:~. C~~~ RK l . ' , . ~ ST. LUCIE COUta7Y, ; . . , . ~ , FL~RIDA - ~ : ' , BOCK ~2~ ~ ~ ~ ~ ~ _ ~