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Home My WebLink About2447 I~ . ~ i 3. To plece and continuowly keep on the buiidings now or Mn~frer uroa~ on said Imd ~nd on di equipnwnl md pawe~lly eo•r~e~d by thi~ moriq~ i~ p~, wirh dl p~emivm~ Iharwn paid in iull, fire im~rancr in tha usuel sandard pality form, in •~um ~pprov~d by tM MORIGAGEE, a+d w~n~tum insurona in tM u~wi ~tandud pal~ry fam, in ~ sum ap!+mved by the MORTGAGEE, in ~ah compmy a compenia ~a tM MOATGAGEE m+y " diraf; +nd ~II fir~ and windstorm imur~nte po~fties on ~ny of ~+id buildirpt, eny intpMf thtroin or p~rt tlwraof, in 14w apqrtq~U wm ~Ifa~uid u In ~xaa ~herwf, shall conuin tM uswi qmderd marrgagee <I~use or wch o~her clw~e n th~ MortpqM rtuy nquirr, m~kinp ~M lou u~ Nid polM ~ cie~, eacfi u~d every, peyabi~ ~o uid MORiGAGEE a~ ib interest miy oppeu, ~nd eah and fvery such policy ~h~ll be pranplfy us;pned ~nd deliv~rrd io ~ ~ ~ny held by said MORTGAGEF +s funher security ro~eid mor~gage debi, ~nd, not lea tMn ten (10) d~y~ in edwnce of the expir~tion of ach pohty, ro dr liver ho aaid MORIGAGEE a renaw~l tMrwf, 1oyNMr with a receipt for the pt~mium of xuch ren~w+l; md tMn ~hall b~ no fire or windUOrm intu:mu i ' piued on +ny of said buildinys, ~ny iNerat therein a part thereo(, unlea in the form md with th~ Iq1 p~y~bl~ a~fornaid; end in ihe w~nt ~ny wm af monvy become~ paya5le under such policy a poGcie~ tiaid MORTGAGEE ~hall Mve tM option ro ra~i~e end ~pply ihe ume on acount ol rM Indebred~ ( ~ neu sacored hereby w to permit ~~id MORTGAGCIRS ro teceive ~nd we ft a any part thereof for ofher purpo~et, wittrout thereb~ waiving o~ ~mpair I inq iny equiry, Iisn w right under or by virtue of thii marsgage; end in the event eud MURTGAGORS ~hall fa ~ny raton fail to keep the ++~d premi~e~ ~o insured, or iail to deliver promptly my of said poGciea of insuranca to said MORTGAGEE, a fail prompdy fo p+y fully any premium therofor w in ~ny , re~pect fail ro perform, discharge, execura, eiteU, tompleta, comply wirh and +bida by thit tovenant, a my p~r1 henof, uid MORTGAGEE may pl+ce ~nd l pay {or wch inturdntt or eny put thereaf withouf waiving or ~ffectinp ~ny option, li~n, equity, or right unda a by virfu~ of this Murtg~qe, ~nd th~ ` ~ full ~mounl of exh md every wtA payment shall be immcdiafely due end payable md shall beer iMere~t from 1M d~t~ thereot until paid ~t tM ra1~ of ~ j nine per tentum per annum and royethEr with such interest shail be secuted by iM lifn of ihi~ morfq~pt. ~ ~ F 1. To permit, commit or suffer no wask, impairment or deteriontion of taid propeny or +ny p~A theraof, ~ 5. To pay all and ~ingulu 1he tosts, tharges ~nd expenies, in<ludinp a rea~on~ble ittorney i~e~ md cwt~ of ~bttr~dt of tifle, Incurr~d o~ p~fd ~1 nny time by said MORTGAGEE, bacause or in tF.e evant ol the fa~lure on the part of tM teid MOR~GAGOR to doly, promptly ~nd tully perfwm, d'ru~~r{~~. ~ exeate, etiecL complete, comply with and ab;de by each and every the stipulatiom, yreementa, tonditioro, ~nd cown~ntl o( ~eid promit~ory not~ ~nd thil marrgepa any or either, and eaid cost~, charge~ and expenses, each end every, shall be immedialsly due and papble; wheth~r w not there kx notice df ~ mand, attempt 1o colleu or ~uit pending; end the full amoum cf each and evary auth payment ~hall hea~ inhntt from Ih~ d~te thereof until p~id ~1 tM ~ raie of nine per cenwm per aanum; and a~l sa~d wsle, chargee and expense~ incurred or pa~d, togethar wlfh ~uch ImerNt, ?MII b0 wtur~cl by tM li~n Of thu mortpaye. G. Tha1 (a) in the ev.ent of any hreach oi Ihis Mortgage or default oo tlx part of ;he MoRTGAGOR, or (b) in the evont any of ~eid ~um~ of mon~y ~ herein rcferred to be rtnt promptly and fully paid wiihin thirty (30t days next after the same aever~liy bxoms due and peyable, without d~m~nd or notip, or (cJ in the event each and every rhe stipulaFlons, agreements, conditions and covenams oi u~d promissory note md thi~ mortqaq~ my or eithm u~ nol iuly, p+omprly and fu11y performed, distharged, exeated, effected, complded, complied wi!h end ~6ided hy, tMn in eitMr a+ny wch w~nt IM e~id gregate sum memioned in said promissory nore then remaining ur.paid, with inrerest accrued, and all money~ ~ewnd, hereby, ~h~ll become dw ~nd p~y able forthwiih, or thereafkr, at the ep!ion of said MORTGAGEE, as fully ard complefely as if all of the ~aid ~urn of money wut alpin~!ly nipul~nd to be pa~d on suth day, anything in said promissory irote or in thh Mortga9e to the tonrrary notwith~undinq; end thenupen or thera~fter the op~ien of said MORT"vAGEE, without not~ce or demand, suil at law or ir, equiry, thereforo or there~fter bepun, m~y b~ pro~etul~d u if di mon~y~ taond henby ~ had m~~ured pnor to its inslitution, ~ 7. That in the event that at thr beginning of or at any time pending any wit upon this Morfp+p~, or ro fa~clm~ i1, or to teform it, ar fo enforu ~ payment of eny daims hereunder, said MORTGAGEE shali apply to Ihe Court having jurisdiction lhereot for tM ~ppointmMt of ~ Raeiver, wch Court th~ll fo~lhwith appo~nt a receiver oi sai~ morlgaged proparty all nnd aingular, inciud~ng all and singular the insom~, proiits, i~wei md nvMUe1 from what~wr :omce derived, each and every of which, it being expressly urdersrood, i~ hereby mortgaged e~ it ~p~tc~fice~ly ut forth end dsurib~d in thi qr~miny md habendum cla~ses hereof, and such Receiver shall have atl the b~oad and effeciive lunct~ons and powert in mywite emru~l~d by ~ CouH tp ~ Ra~iwr, md wch appointment ihap be mada by ~uth Court as an adminzd equity and a menei af ebsoluie right to ~aid MORTGAGEE, ~nd without nfer~nt~ ro th~ edequacy or inadequacy oi the value of 1he property mortgaqed or ro the soivency or insolvency of i~id MORTGAGOR a the defendmd, +nd rhaf luth i renr~, profits, income, issuee and revenues shall be applied by such Receiver accordinp ?o the lien or ~quity of wid MORTGAGEE ~nd th~ prettiu of wch Couh. ~ 8. To duly, promptly and fully perform, discharge, execute, effect, comp(ete, comply with and abidf by e+ch ~nd every th~ Uipulation~, ~qrNm~ntt, ; conditions and wveoants m sa~d promissory note and this mortgac~e set forth, 9. That in ihe eoerr the ownership oi the mortgagad premises, or any part thereof, 6etome~ veat~d in ~ perwn othrr than fhe MORTC+AGOR, th~ MORTGAGEE, its sutcessors and assiqns, may, without nmice to the MORiGAOR, deel with auch wtcnior or Wtwswr in inter~~t with nf*rMa to thit morrgage and the de6i hereby sewred in the same manner as wiih Mortgagor without in any way vitieti~p or diKh~rain~ thE Morf9epOr1' liability htrt under os upon the debi hereby seared. No :ale of the prcmises hereby mortgaged and no forbaeranu on tfie pert ot th~ MORTGAGEE or itE wettuon or ass~gns and no extension of the tim? for ~he payment of the debt hereby setured givan by the MORTGAGEE or ib wttesfon or auignt, ah~ll opuef~ j to release, discharge, modify change or affect the ori~inal liablfity of ihc MORTGAGOR herein, either in whole or in part. ~ 10. It ie spec'rfically agreed that time is of the essence of this contract and that no weiver o( ~ny oblipation herounder or of th~ oblipNion ta ared hereby shali at any rime thereaher be hzld to be a waiver of the terms hereof or of the inst+umant secured huby. , 11. In addliion to fhe forego:ng month!y paym~nis of prin; pal and imarest required by the promirwry no~e secured hereby, moripagor townant~ j and agrees to pay ro morrgagee with each momh!y payrnent an add~iional sum estimated by mortgagee to be eqwl to 1/12 of the annuel to~i of the iollow• iny: ~ A-AI! real properry taxes levied or assess_d egaisst thc above described real estate. ' ~ B-Pr~mi~ms cn fire and wirds~orm insurance as herein req~~~red to be cairied on the Improvementi s~tuate on the ebove deuribed pnmiu~. ~ C-Premiums on such mortgsge guaranty insurance as mortgagee shall trom rme to fime deem fit to urry on the loen ttcared hereby. Martaagee shaU from time to time netiF; merigagor :n wr~nn~ of the amoum due and payable hereunder and fuch tum shall therwpon b~ du~ and ~ payabie o~ the due date of ih~ nexf rnonthly payment and each successive month lnereafter ua!il mortgagee thell notify mortgagor of ~ c~ange in wch amouo~. Such suma sha!i be applied by mortgagee ioward ihe puyment of raal properry taxes, inwr~nce prom,um~, ~nd maripape puerinty (murena premiums. ~ IN WITNESS WHeREOF, the said MORTGAGOR has h=reumo ae! his hand and seal the day ~ y~er finf afore~aid. ~ j ' n Sealed and d' red in he presence of: ~ y/~ j i - Snl) ~ , a ~ _ . (SlE~~ i STATE OF FLORIDA COUNTY Op Saan~ Lu~.i.e ~ ~ Before me penona~ly appeared _ ~r ~n?P. 9(; ~ S r,a nf 1 P, ] Cl _ md Fval~r? T. •7~flrif ~ 9~ ~ his wife, to me well known and known to me to be ~h? indfvidvala described in and who exeaied the forcgoing instrument, and acknowledged before md thet they ezecutcd the same fa the purposes ~ there~n exprea~ed. And the ~aid--- FVRZ ~p_ 5 t~(1 ie 1 ~3 ~ wife of the sald _ JA~IP,9 r o '~'~ATI£].81d upon e separeta and privete ~ eaam~nation by me ta~en separote and apart from her said hwb d, acknowledged to and kx .re me thas she exetuted said imtrument Freely and volum larily and w~thout ~ny compulsion, mnstraint, apprehension,,o~r o1 or {rom her iaid husband. r ~ WITNESS my har.d and official seal thi~-___ day of 'j~~~ y A. 0. i9 ~ 7_ ~ ~ ~ I 1 / ~ ~ • Notary Public in and far the Shte of Fiorida at larpe ~ My Commiuion expir~ptdry PuSf•., State of f:orida at Large ~ ~ ~ Rerorn To: A9y ;:om~n ss on Exn~re, ;;ov. 3, 1955 Frst Federol Savings 6 loan Assoc~ation aond2U by rlmer~,,;:n $uf8t~y :;0. oi F;. ~ ~ or F~,, ve«a FIIED AND RECORDED ~ ~FOflr°i:rce. Flcrida /'~(;,,•~'OT'TtL~'~t~"U~OK ; ~if~~ i • \ `r `!r ~/C~^i'~ ~ . ! ~ r I V ~ 6 P~1 3 e ~ . 6~ JUL . ,~.,3~~~5:~ 1``" ` . I ~ v ~ , ~ ~ ras, CLERK " t:. ; " ' ~ R~CEF' " - , . ST. LUCIE COUNTY, , . , : . ~LORIDA ~I , ~ ' ~ . . 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