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Home My WebLink About0131 3. To pi~ce snd c~ntinvou~ly ktep on tfie bu~:dings nova or hereafter •inaca on s~~d !~nd a:•d an al! equiprrent and p~norta'ly tove:ed by this mortg- a~, wifh •il prtmiums theraon paid in full, fire insurance i~ tne usual sranda~d policy form, in a sum approved by ~he MORtGAGEE, and windsturm inwr~nc~ in tFo~ uswl ~tareda~d pol~cy form, in a sum approved by tha MORTGAGEE, in auch tompany or tompanies es the MORiGAGEE may dir~tt; ~nd •II firf snd windstorm insurance politiet on any of sa~d bui~d~nqs, sny interest ther~in or par: thereof, in th~ aggrege~e tum +fo~~said ot In ~xeea therwf, sMll contain the uiual ~tandsrd morfgagee cl~use or such other dsuse s~ the Mortgngee rnay requlre, mskin9 ehe loss under said po~i- ti~t, each and every, paysble ro uid MOR'fGAGEE a~ it~ interest may appear, and each and every such pol;ty ~hall be promptly sss gned and dalive~ed ro ~ny held by ssid MORTGAGEE ss further aewrity to said mortgage debt, and, not less than ten (10) days ~n advencc oi thr capirat~on of each policy, fo de- (iwr to s~id MORTGAGEE a~~newal Ihereof, togather with a rece~pt for the premium of such renewal; and there shall be no iire or winds~orm inwrance plac~d o~ u+y of said build~nys, nny in~erest therein a part thereof, :1nIOS1 in ~he form and with rhe loss payable a• aforesaid; and in the evant eny ~um of money becomes payable under such polity or policies said MORTGAGEE shall have th~ opt~on to -ecaiva and apply tfie same on acco~nt of the indebted- ntu setur~d hereby o~ to permif sa~d MORiGAGORS to reteive and we i~ or any part th~:reof for oriicr pur~>oses. v~~thout ~h:•~ur waivi~~g Cr ~mpoir- irg any aquity, lie~ a righl under or by virtue of this mor!gage; end in fhe event se~d MORTGAGORS sha!I for any reason fail to keep the said p~emisti so insursd, or fei) to deliver promptly any of said poGcies of inaurante to said MORTGAGEE, or fail promptly to pay fully any prem~um therefor or in any nspetl f~il to p~rform, discharge, ~xec~te, effect, complete, comply with and abide by thia tovenant, or any part hereef, said MORTGAGEE may place and pay fp suth inwrantt ot a~y p~rt thereof without waiving w affecting any option, lie:+, equ~ty, or right undcr or by virtue of this Mo~tqage, snd the tull amou~t of each ~~d ewry suth payment ~hall be immediately dua and peyab!e and shall bear in!erest from the dare thereof ~ntil paid at the rate ot nirN pnr centum per annum a~d togefher with auch inte'esf shau be secured by the lien of thi~ mortgage. 1. To permit, tommit or suffe~ no weste, impairment or deterioration of said praperty or eny part thereof. 5. To pay ~II and singular the tosts, tharges and expenses, inc~~ding a reasonable attorney'a fee and costs of abstracts of tifle, incu~red or pa~d at eny time by taid MORTGAGEE, botause or in the event of ~he failure on the part of ~he said MORTGAGOR to duly, promptiy and fully perform, discharge. execute, effect, tomplete, comply with and ab~de by each and cvery the stipulatfons, agreemenrs, conditiona, and covenants of said promissory note and this mortyag~ eny or either, and said cosn, charges ar~d ezpenses, each and every, shall be immed~ately due and payable; whether or not rhere be no~ice de , m~nd, ~ttemp! to collect or suit pending; and the full amount of each and every such payment shall bear interest !rom the date thereot untii paid ai the , rete of nine per tentum per ennum; and ali said tosts, chargea and eRpanses incurred or paid, together w~th wch interest, shall be securad by the lien of Ihit mortya~e. 6. That (a) in the event of any braach of thi~ Mertgage or default on the pari of the MO!tiGAGOR, or (6) in the event any of sa~d s~ms of money herein referred to be not promptly and fully paid within thirty (30) days next afrer the same severa.ly beconze due and payable, without demund or notice, or (c) in the event each and every the stipulationz, agreements, conditions and covenants oi sa d promissory note and th~s mortgage any or e~ther are not ~~ly, prompNy and fully performed, d'+::harged, ezecuted, effacted, comFleted, complled with and abided hy, then in either or any suth event Ihe said ag gregate sum mentiorted in said promissory note then remaining unpa~d, with interest accr~ed, and o~l moneys secured hereby, shall become due and pay •ble forihwith, nr thereafter, at the option of said h10RTGAGfE, as fully and completcly as i4 all of the aaid suma of mo~tiey were originelly s~~pulated to be paid on suth day, anything in sa~d promissor} note or in this Mortgage to the contr~ry notwithstand;ng; a~d thereupon or thereafter at the option of iaid MOR?GAGEE, without nori<e or demand, suit at law or in eq~ity, therefore or lherrafter Eequn, may be orosecuted as if all moneys setured hereby _ had matured pna ro its inaiitution. 7. That i~ the evenl ihat at the 6eginning of or at any time pending any suit upon this Mortgage, or io foretlose it, or to reform it, or to enforce payment of any cla+ms hercunder, said MQRTGAGEE shall apply to the Court having jur~sd~ction Ihereof for the appointment of a Receiver, such Court shail Forthwith appoint e recEiver of said mortgag.d property all and singular, inrlud~ng a11 and singuiar ihe income, profits, issues ard revenues from whatever aource derived, each and every of wh~ch, it being expressly unde~stood, is here6y mortgaged as if spec~ficaily set for!h and described in the gra~ring and habendum dauses hereof, and wch Receiver shaii have all the broad and effecr~ve funcnons and ~ov~eis in anyw~ze entrusted by a Co~rt to a Receiver, and such appointment shall be made by xucF~ Coun as an admitted equity and a matter uf abso!ute rigM to said MORTGAGEE, and wi~hout reference to thc edequayy w inadequacy of the ralue of the property mortgaged or to the soivrncy or insoivency of said MORiGAGOR or ihe detendants, and that such renn, profiri, income, iswes and revenues ahall be applied by such Receiver according to the lier. or equity of said MORTGAGEE and the proUice of such Court. 8. To duly, promptly artd fully perform, d~scharge, execute, effect, compfete, comply with and abide by each end eve~y the stipulations, agreemeMS, conditions and covenants in said pramissory note and this mortgage set forth. 4. That in the evenT the ownership of the mortgaged premises, or ar:y ~art th_recf, becomes vested in a person cther than ihe MURTGAGOR, the MORTGAGEE, its svccessors and assi5ns, may, wi+hout notice to the h10RiGAOR, deal with such suctessnr or successor in interest with reference !o th~s mortgage and t!~e debt hereby secured in the same monner as with Mortgugor without in any way vitiating or dischargfng the Mortgagors' liability here- under or upon the debt hereby setured. No sale of t~e F~remisea hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt h=reby secured g~ven by the !vtiQRTGAGEE or its successnrs or as;igns, ahall operate ~o release, discharge, modify change or affect the nrig;nal I~ab~l;ty of ~he MORTGAGOR herein, either in who~e or in part. 10. It is apecifically agreed rhat time is of the essen~e of tt,~s contract ar:d that no waiver of any obl~aation hereunder or of the obligafion sr c~red hereby shaii a1 any time thereafter be held to be a waiver cf the terms hercof or of the i~srrument secured herby. 11. In add<tion !o the f~rego'rig month!y payments of princ pal and imerest requir~d by the prom'sscry nore s'c~ured hereb~, mortgagor tovenants and agrees to pay to mortgagee with eath monrh!y payr ~en! an odd~rional sum est:n,aied by rnorrgac~ee ro be equai ro 1, 12 of tFe annual cost of the fo~low- ing: A-All real property taxes levied or assesz~:d ag3i-ist th_ aoove descr~~ed rea! estatr.. B-Frem~ums on fire and windstorm insurar.ce as iiere~:i ~cq~:~~d to be rarrie~ cn the :mpr~vements s~tuate on th~ aoove d~scribed premises. C-Premiums on such mortc~ac~e g~aranty ir.surance as mortgagee sha.t fro~~ ~~me ro time deem fit to carry on the loan secured hereby. Morigagee shall from tirc~e t~ time r.orify mertgagor ~n writ~r.g of !hn arr.oc~t due and p~yah!e hereuader and such sum shal; thereupon be due ar,d payable on the due date of the next month'y pay~nent ard each s~ccessive rnonth thereaf!er vnti! mort~agee sha!I not:fy mor!aagor of a change in such am~~nt. $uch sums shail be applied by mo;tgagee to.vard the payment of rea! property taxes, insurar.ce prem;ums, a.id mortgage guaranty insurance premiums. IN WITNE55 WHEREO~the said MORTGAG02 has hereunto set his hand and sea! the day and year first aforesaid. ~ ~r~ Si r~ Sea and deliver._d in t prese e of: L (Seaq c _{5raq (Sea I) (Seel) ATE OF FLORIDA ~ SS. CouNTY OP ~~.~+1~~e i Before me personally appeared ~a k Hanner :~COtit'. and QPg(3d AT1Y7 ~C~'iBUZA~` .SCQtt h'rs wife, to me weil kno~xn and known to me to be - the individ~sls described in and who executed the foregoing instrument, and acknowledged before me that th?y execu!ed the same for the purposes theroin ezpres~ed. And the said ~'_SCe AY111 HCCiaL11A~ .SCOti't ~ wife of the ~aid Jaek Hanner .SCO~'iti upon a separate end privata examination by mc taken separate and apart from her said husband, atknowledged tn and betore me that she execvted said instrument frscly und volurr tarily and without any computsion, constreir.t, apprehens~on, or fqar of or from her said husband. WITNE55 my hand and offizial seal ihis~~'y f day of Ju~.v A. D. 19~ ` ~ ~ , ~ ~ Natary Pubi~c in aid for the Ssatg of Florida at Larpa b. My Commission expire~jOt3ry PubliC, StdtO Of F4oli(1~ 8t ld~r~,q Return To: ' &1y Comrtlis5iun Esp;res Nov. 3, 19i,5 ` Firat Federal Savings 3 Loan Auoclation BOrlded by An~eriCan 5utety Go. Oi N.'i_ s or.,,Fo~~.p;R,F~. FIIED AND P~C- RDED Fqt~'~PiercA,} Fla'ry~i . K _ , , ~ ~N_ 800 .,.~_,i; , ? C~7~-"" . M1 ~ ~ ` f~ - . ~ ; = JU~ 22 PM ~ t " ' ~ r~ ~ . : 4~•• , - I 3 ~ .~~.t ~~I~ R~~^irj~f.~ ~l• ~ ' • ~s.1~ i . Q ~ • r ~ : . ^r t • . . .f r : - _ ~ ~ ~ . : J :ti ROGE r` lTRAS CI.ERK ~ ~ 1Y , ` . . ~ ; ~ fi r 0 • • : . v..,~ ~NTY. . ~ . . . ~ . ST. LUCiE CO ~ ~ s ti~;~~'~ FLORID . • ~ ' . 8~~~ ~r~ ~.r~7 ~ ~C` y(,>~