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Home My WebLink About0197 Ta plac~ and contieuously ketp on the build+ngs now or hereaher ~;tuats on said larrd snd on ali equipment ~nd psrwn~lly cover~d by thi~ mo?p~ pe, with ~II pr~mium~ tP~er~on pald in Iull, fire insurance in the usual srardnrd policy farm, in a ~~m approved by tfie MQRTt;AGEE, and wfc+idatorm inwnnct in th~ u~wl rtand~rd po~icy fam, in • sum ~pprovad 6y rhs MORTGAGEE, in wch twnpany or tompaniss ~i the MORTGAGEE m+y d~nttJ u+d a11 fi~~ and winehtonn {nsuranp policief on any of said build~~pa, any interest therein or part theraof, in tM a49rag~ta wm ~fwp~id ar In rxtaa thcnof, sh~ll cont~in tM wwl ~tu+dard matgaqea cfau~e w such otMr ciaus~ as ths Matqaqee may ~equire, makihq the lau vnd~r u~d polM ciN, ~ach ~nd ~v~ry, payabla ~o ssid MORTGAGEE +s iti interest may appear, and e+ch ~nd ~vay suth pol+cy shall be p~omptly at~:qned and ~detivaral to ~ey Mid by said MORTCAGEE a~ fu~ther security to said mortpaye debt, and, ~ot ieu tMn ten (10) days in edvance of tht ezpiratio~ of each policy, to da liwr to Mid MORTGAGEE a nMwal IMnof, together witfi a receipt for the ~xe~nium of such renewal; and thero thell bs no fire or windfro~m iMUrance plKC~i oe ~ny of aaid bui{dinpl. My inter~t tbar~in w part thereof, unleis ~n tM fonn and with tl» los~ p~yable aa aforetaid; and in tM evsnt •ny ~um , ef inen~y bacoma p~y~ble ~r~dtr such polity o? po~Kiei iaid MOR7GAGEE shall haw the option to receive end apply the s+me on account of tM indebted- mfs ~seund M~~by or ?o p~rmit said M~RTGAGORS to teeeiv~ sr.d w~ it w any part thereof tor other purF.oses, witho~t the~eb~ waiving ~i m~pair- inp any ~quity, lien or riqht urKler or by virtue of this mor'g+ge; and in the tvtnt ssid MORTGAGORS shall foi eny reason fail to keep the said prsmisr~ so iround, a fail b d~liv~r promQtly any of wid policiei of inwrence to faid MORTGAGEE, or fai; promptly to pay fulty any premi~m therefor o~ in any rasp~et fail to p~rfam, discMrqa, executs, ~ff~ct, complete, tompty with arsd +b~de by tfii~ ccve~a~t, or sny pan hweof, uid MORTGAGEE msy pl~ce antl p~Y io? such inwr~eKr or u~y parl th~raof wi?hout w~ivinq or affectinp yny ootion. linn. equity, or righf undx w by virtve of thit Morf9aye, a~d the full amount of ~ath ~nd ewry ~uth p~ymsr~t shali be imm~diately due ~nd p~yabl~ and ahall hear inrereet from the dat~ thereof until paid at !he rat~ ol rtins per cantum pK annum ~nd together with suth interest shall be yecured by the lien af tfii~ rtw~tgage. 4. To p~rmlt, commR a sutftr no wasta, impairrt+tnt w detcriooation of wid property w~ny p+n thereof. S. To p~y all and unpvlu tM costs, chsrpK a~d ezpen~es, intludinq a reasonable at~wney'~ fee and cost~ of abstracts of title, incurred or pa~d at ~ny time by said MORT~.AGfE, bacause ar in the event of the failure on fhe part of ihe said MORTGAGOR to duly, promptly and fully perform, d~uha~ge, •xacut~, efhrtt, tomplete, comply with and abide by ~ach and every ths stipulavions, agree~~enn, cond~tions, and covenants of sa~d p~omissory note and thi: mortppa any or athM, snd said tosls, cha~get and ~xpenss~, ssch and every, ~h~fl be immediately dve and payable; whether a nnt there be notice do- mahd, arnmpt to collect w i~it psnding; snd the fulf amount of each snd every suth payment ahall brar interest from the d+~te thereo4 until paid at the rate of nine per tentum per ~nnum; and all iaid tosts, charyes and expenses incurred or paid, togefher w~th such interest, shall be secured by the lien of thi~ mortpc9s• ~ 6. That in tM event of a~y breach of thia MortgaQa or default en the part of the MORTGAGOR, or (b) in ihe event sny of ia~d ~ums of money hetein r~ferrad ro b~ not promptly and f~lly paid within thirty (30) dayt next afler the same ieverally become due and payable, without demand or notiee, or in fM w~nt each and every the stipufations, agreements, conditions and tovenmts of sa:d promissory nole and th~s mortpage any or either are not ~u1y, promptly ~i+d fully performed, discharqed, executed, efftcted, complrted, complfed wi+h and sb~ded by, then in either w•ny •uch event Ih+ sa~d a9- qreyat~ wm mtntioned in said promissory note then remaining unpaid, with inierest sccrued, and aIl moneys secvred Fiereby, shail betome due and pay able forthwith, or thsrsafier, at the option of faid MQRTGAGfE, as fu~ly and completely aa if ai+ !2~~ said rums of money were oriqinally tt~pulated fo be p+~~d on wth day, anything in se~d promissory note or in this Mortpsge to tfia co~rrary no~ vith~tendl~~;; .+~~d thereupon or thereafter at the option of uid M4RTGAGEE, w%*hout notite or demand, svit et lew w in equity, tharefore or tfiereafter begun, may be prosecuted as ii ail moneys secured hereby had matursd pria to its imtitution. 7. That in tM event that at the beginniny of or at any time pendin$ any suit upon this Mortgege, or ta forttiose it, or to reform it, or to enforts paymem of any elaim~ hereunder, said MpRTGAGEE shall apply to the Court hayjn~~urisd~aion thereof for the eppo~ntment of e Receiver, such Court shall forthwith appoint a recriver of said mortgaged property alI end •ingular, includmg all and singular the incom~, proi~ts, isaues and revenues from whatever fourte derived, each snd every of which, it bein~ expressly understood, is hereby mortgaged as if specrfica!ly set forth and desc~ibed in Ihe grentiny and habendum ciauus hereof, •nd such Reeeiver shalt have alt the broad end effective fu~c~~ons and power~ in anywise enrrusted by a Court to a Receiver, end tuch nppointment shali be made by such Court ae an admitted equity and a matter of absolute right to said MORTGAGEE, s~d wirhout referente to the adequacy w inadequacy of the value of the property mortgaged or to the so~vency or insolvency of said MORiGAGOR or the defendants, and that •uch rents, profin, income, ie~ues snd revenuas ahali be app{ied by such Receiver at=ord~ng ta the lien or eq~ity o( sa~d MORTGAGEE and the proctica of such Covrt. 8. To duly, prompHy snd futly perform, discharge, execute, effed, compiete, comply with and ab~de by each and every the atipulationa, agreements, - tonditians and tovenants in sald promissory note and this morrgage set forth. That in the event the ownership of 1he mortgaged prem~ses, or any part therrof, becomes vested in e person other than the MORTGAGOR, the MORTGf. ~EE, it~ sutceuon and assigns, may, without norica to the MORTGAOR, deal with such successor or succeasor in interesl with ~eference to th~s mortqage and the debl hereby setured in tht same manner as with Mortgagoi without in any way vitiating or d'+scharging the Mortgagors' lieb~lity here- under a upon the debt hereby sac~red. No sate of the premises hereby mortgaged snd no forbearante on the part of the MORTGAGEE or it~ successors ~ or essigne and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or ita sutceswrs or auignt, shall operate ro release, diKharqe, modify char.ge or affxt the original liab~lity of the MORTGAGOR herrin, either in whole or in part. 10. 1! is specifically agreed thet timr is of the essence of this contract and that no weiver of any obligatian hereunder or of the obtigation se- . tured hereby s1u11 et any time thereafier be hetd to be a waiver of the term• hereof or of the i~str~ment aecured herby. - . 11. {n additio~ fo fhe forego:ng mcnthly paymeNS of princ'pal and ir.terest requ:red ty the promissory note secured hereby, mortgagor covenants end agrees to pay to mortgagee with each momhiy payment an add~~ional 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 aga~~st the abave described real estate. B-Premiums on fire end windstorm inaurar,ce as here~n requ~red to be carried or. the improveme:its situate on the above described premises. G-premiums on such mortgage guaranty insurance as mortgagee shatl from t~me te time deem fii to carry on the loan setured hereby. Morfgagee shai! from time to time notify mortgagor in writing of the amount due and payable hereunder and such s~m shall thereupon be due and payable an the due date of the n_xt montF:y payment and each successive month thereaiter ~ntil mortgagee ahall not~fy morrgagor of a change in such amount. Such s~~mf sFaif be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, a~~d mortgage guaraniy insurance premiums. N WITNESS WHERE f, the said MG~RTGAGOR has hereunto set his har.d and scal the day and year first aforesaid. ' r~ed, led nd d iv red i~ the presence of: ~ al) (Seeq {5eal) ~ (Sea1) STATE QF FLORIDA S5. COUNTY OF St.. Lucie i Before rrx psrso~ally appeered .IQhjL D~ ~I~Bl~ _ and s.is~~f~, to me v~e~l known and known to me to be tha individurlx daacribed In and who executed the foregoing instrvment, end acknowledged ore me ihat they exetuted the same fw the purpaaes iherei:~ expressed. And the sa~cl~~LL ~La T. R~i 4~ T~ B1 9R 1{~LTtl 89 ~hg1 ?rene g~$ZD~ wife of the taid SDhn D H ~$1 Q~ , vpon a separata a~d privats examination by me taken reparate and apart from her said huzband, atknowledged to and before rtre that she executed saici instrument lreely end val~n- larily and without any compulsion, constraint, apprehension, or fear of or from her said husband. WITNESS my hand and official seal this 2 3 R o day o{ ~i. b. 19.~.~Z , ~ \ . • -r'= ~ ' i..ry ..+J ' Notary Public in and for t ~ta1~_ ridrLf , v~~ ~ My Commission e~cpir~: Rtturn To: p~ : First Fede~sl $avingf d Loan Association ~~p(~( ~~1~'i; ~p~ d ' ` ~4~ ' - Of Fort PierCE. +~OR{'!~'io ~ ~Mp~IggION ~~R~+~~ Fort Pierce. Floricia ~tIED ANQ Rt g00K ~ . . . / •-Y~ . I ~ ~ n t•. N..~ ~.~~/G7' F . ~ . , ~ . . •~f ' ~ . , 23 PI~ ~ ~ ~6 _ ~ . . ~ . g~ JUt ~ ~ : - . ...t . . OGER ~ptTRA~. ~TYRK ' . _ . : •s'' R ST L~~~E ~O~UN . • : FLORtD r~r'~, ` ; ! . r . ~ • ~ , , t v~,:.., „ 0 R ~ ~ - ;