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Home My WebLink About0804 b. Te piacs ~nd aontirwowir k~ap on tfie bui!d~r+g~ now or hereaf+er ~itua+e cw+ s~id tand ~++d on +11 ~quipenMf ~rd p~noha~lY tevM~d bY t~s'"w+'q" p~, Mr1tb ~1) pr~ndyrey tl~~on paid in full, fire insurance in the ~awl uandard po{irY ierm, in ~~wn +pp~oNd by ?he MORTCsAGEf. M~d wit~datorm ywrrmp ir fiM uwN qandard polity fam, in a sum approved by 1he MORtGAGEE. weA tomp~ny or ownpar?iN q~M 1~AORYGAGEE rnay ~ne,it and aq ffr~ u~d wu+d~b?m inwranc~ pol~cies on any af uid buildi~pa, ~ny inM~at tMr~in w p+rt !ha~ec+f, i~ fM apprep~h w~n afar~wid a In ~atpa tM~~of, d~ai) ooMaM tFa ~awl standa.d morrg,gee clause or auth o~hK d•us~ tM Mwrpsp~~ rnaY hsiu~?r, m~kl^Q M~ ~ w'~ M'd pdi~ r{p. ~a[It Nd ~v~ry. p~Y~bl~ 1o riid MORTGAGEE aa its interest may ep~ear, and Nch and wary such policy si+all b~ promptly ass:qn~d and d~livN~d M ' ~ny Mld by uid N10Ri<3AGEE v furthe+ isturity to said mortgage d+bt, snd, eot I~at tMn t~ (10) days in rdv+nu of tM ~xpivation af ~ath polity, to dr liv~ b aid MORTGAGEE • nrwwal thehof, toQetiur with a rcceipt for the p~smium of ~uch r~~ewal; ~od tF»e~ fhall b~ no firt or windt/orm Inautsnte pi~ad on ~ny of Nfd buildl~ps, ~ny int~rNt therei~ rx p+rt The.eof, unlere in tl+~ form ind wifh the lou pay~bl~ a~ afa~s~rid; ~nd in tM ~vtM any sum pf nw~+~y b~eoenN p~~bN ue~dK weh polECy a polieies ae7d MURii;AGCE thail havs ihe option to r~tyiva and apply ?M same on ~eeou~t of tM fnd~bt~ raM s~cur~l h~raby a M pNrt~it uid MORTGAGOR5 1o retrivr and uas it w a~y pa~1 thereof for o(t+e~ pu~poses, w~thout thsrsby waivi~~q ot impal~- kq any equity, Il~n or ripht under or by virtu~ of thia mortgage; s~~d in the svent wid MORTGAGORS thall for My rtason fail fo keep the uid p«r++~tsa w b+surrd, or fail fo tMlivK pramptly ir+y of taid polides of inw~ance to s~id MdRTGAGEE, tu fail promptly to pay fvlly ~ny pr~mium thenfw or in any r.sp.c~ f•il ro pafwm, dissha~p., ex~cute, tffect, complete. comply with ~~d +b7dv by Ihis covsnant, or sny pa?t herwf, said MORTGAGEE may plac~ •nd p~Y fo~ ~uch Imu~wxs or Ny PM~ 1INrWf w~rhout waiviny w ~ffactfnp any op~ion. li~n. pu~ty, or riyM u++d~r w by virtw of thi~ Ma~yp~, ind tM fvll amo~nt of ~ad? ~nd rv~ry wch paynMnt ~MII bt immediately dw and p+ysb~e aod ~haii baar i~terest from th~ das~ th~r~of until paid +e tF» r~t~ 04 nirwi p~ crrrtum pa +~ryn~m snd togetAar with s~ch inrerest shall be iecured by the li~rn of this ma+tg~q~. 4. To permit, canmlt ot wffe+ no waafa, impairment or deterioration of ~aid property or sny part thereof. S. To pay a11 +nd sinpul~r fh~ coth, charges snd expenses, ~ncluding a reasnnable attorney's fee s-d c!atf of abstrests af tifl~, tncvrr~d w p~id ~t ~ny time by r~id MORTGAGEE, b~cause or in the rvent of the failure on fhe part of ftie said MORTGAGf~R ro dvly, promptly ~nd fully perfam, d~xharq~, ~xecut~, ~ffact, compltr~, mmply wifh and •o~de by aach and every the stipulat~ons, ayreements, conditions, and cown+nh of s~id promiYSOry Mt~ •Ai'~ thi~ mottqy~ ~ny w eiths~, and feid to~ts, cFurgef and cxpen3es, each and every, ihall be immedistely due and pey~bl~; wF»ther or not ther~ bs notic~ d~ mand, att~mpt to colled w tuit pandinq; snd the full amount of each end every such payment shal! bear interesl from tM date ther~of ~ntil paid at tht rste of nin~ per tentum par annum; ind all said costs, charge~ and expenaes incurred or paid, together v~r~th such inttrut, ahall b~ a~tut~d by th~ li~n of this ^wrty+pr• . 6. TMi (a) in th~ swnt of a~y breuh of thit Mortgage or d~fautt on the part of the MORTGAG~R, or ib) in the ~v~nt ~ny of uid turta of mon~y herein r~farr~d to bs not promptly and fully paiJ within thirty (30) days next after the same teveratty becorr» dw and p~y~bl~, wilhout tJ~mand or notin, or (d En ths rwnt ~ach ~nd every the stipuleTions, agreemenr~, condiricns and covensnts of ssld promisaory rwte a~d th~~ motfp+y~ ~ny a eiNwr +r~ not ~uty, pro+nptly ~nd fully performed, diuharged, executed, effected, comp~cted, complied with end abided by, then in ~it!?K of anr ~uth ~v~nt tM said aQ~ pre9~ts sum m~ntioned in said promissory note then remaining unpaid, with interest sccrued, and all moneys s~cur~d. Mr~by, ~hall b~weM dw ~~d pay~ able forthwith, or thsreaft~r, at fhe option of said NOR~GAGfE, as fully a~d complefely at if ~II of the taid ~unit of mor+ey wlro orpinally ttipvl~tld to be p+rid on such day, anythiny in said promissory nore or in th~s Mortgage to ~he contrary notwithst~ndinp; and tMrwpon or tM«ah~r ~t the option of seid MORTGAGEE, withovt notice or demand, •uit at law or in equity, therefore or thereafter b~fl~n, msy b~ pros~cut~d u}f all mauy~ ~~eurai Mr~by had matvnd pnOr ro its iratitution. 7. That i~ the event that ~t the beginning of or at any time pending any suit upon thi~ Monq~g~, or to 1or~tloN It, or to reform tt, or to ~nfotta payment of ~ny Cleims here~ndar, taid MORTGAGEE shatl apply to the Court having jur~adlct~an thereoE for th~ ~ppointm~nf of a Rateiwr, ~uch Court sfi~Il forthwith ~ppoint • receiv~r of sai mortgaged property al1 and sing~lar, includ~ng all and singuiar the incom~, profitf, luu~f and nv~nve~ from whet~v~r •o~rce derivsd, e~ch and ~very o~whlch, it being express!y unders~ood, ls hereby mortgaged as if ~perificslly wf forth •nd deterib~d In thi pr~nti~p ~++d lubendum clavsea hereof, and such keceiver shell have all the broad and effect~ve func:~ons and powars in enywise s~tr~sted 6y a Courf tQ • Rettiv~r, ~nd tuth appointment shall bs msde by xuch Court es an ad~nitted equity and a mattar of absolute tight }a ~aid MOR7GAGEE, •~d without ttfar~nu to ih~ ad~q~acy or inadequaty of the value of the property mortgaged or to the so;vency er insoiven~y of said MORTGAGOR w th~ defend~nri, snd th~t ~vch rentt, profib, income, +ssves and revenuss shall be applied i~y such Receiver according to the lien or tquity of ~aid MORTGAGEE 1nd th~ prattit~ of tuth Court. 8. To dvly, promptly ~nd fulty perfarm, discharge, execute, ef4ect. complete, comply with end abide by eath snd ~vary tl» stipulations, aqrNm~nts, tonditwnl and tovenants in said promissory note and th~s mortgage set iorth. ' ' 9. That in ths event the ownership of the mortgaged premises, or any par! thereaf, 6ecomes vest~d in • perwn other thsn iMt MOR?GAGOR, th~ MORTGAGEE, its tucceuws and assigns, may, wirhouf nc+ice to the MORTGPOR, deal with such ~utce~sor or Wttessor in intara~t with r~fer~nu to thi~ mortpspe srtd the debt hereby sccured in the same manner as wfrh Mortgagor without in eny way vitieling or disthuyinq the MortqNpors' lisbility herw under o~ upon the debt hereby secured. No sa!e of the Frem~ses hereby mortgaged end no forbesrance on the psrt of tM MORTGAGEE or iri wctessory or awiynt •nd no exte~sio~ of the rime for the payment uf !he debt hereby sec~red given by the MARTGAGEE or it• ~ucces~ors or awiyn~, thall oparat~ to roleas~, diuharge, modify thange or affect the orig~na~ iiau~lity of the MORTGAGOR herein, either in whole or in psrt. 10. It is specifically egreed that time is of the essence of this contract and thet no waiver of any obligstion hereunder or o# the ob~iq~tien te- cured hereby 3hall at any time thereafter be hefd to be a waiver of the terms hereof or of the in:trumenf secvred h~rby. 11. In add~rion to the forega~g monthly paym>ms of princ'oal and inferest required by the p~omissory note tecured hereby, mortpngor tovsnantt and agreea ta pay tp morigagee with each monthiy payr~:ent an add~~ional sum estimated by mortgagee to ba equal to 1/12 of the annual tost Of the follow- ing: A-All real property taxes levied or assessed aga~••.st thc acove described real estate. B-Premiums on fire and windstorm insuracce as here~n rrq~~~red to oe carried on the ~mprovements situate on the above describsd prtmi~es. C-Premiums on such mortgage g~aranty ins~rance as mo~tgagee shall from t~me to time deem fit to urry on the loan ~etured het~by. Mortgagee shafl from time to fime norify mcrtgag:;r In writ~ng of the amount duc and payable hereunder snd wch sum sheil tkersupon b~ du! snd payable on the due date of the next mOntniy paymont and each successive month thereaf!er until mortgagee thail notify mortgagor of a cnang• 1n ~uch emouM. Such tums shall be appliecl by morcgayee tovlard tM,c payment ef real properiy taxes, inwronte ptem~umr, and meriqege puersnty ins~ronce premiums. IN WITNESS HEREOF, ~e said ORTGAGOR has hereunto set his hnnd and seat the day and yter first eforesaid. ~ Si ned, Sta and sre ~ p~eaence of: , . i ~=~t%~*~ a~~ (S~~q _ ya2.. 'q (5cal) TE OF FLORIDA courrrr oF Saint_1,~i~~-e ~ ss. Defore me peraanally appeared -_____~__~i ~ 1 ~ um J~ (~i011 1'la a~d C~~rl 8t~~ w.. Collina hiti wife, ta me well known and known to me to be , the individua~~ desuibed in and who executed the foregoing instrumcnt, end acknowlydgad before me lhat they exetuted the ~amo for the purposes fherein expressed. Md !he ia~d ~ CY181''l O t te W• Ci O~ 1 ~ T1$ w~ic of the aatd W~ j. elI?1 J. C O~. ~ j.AS upon e separate and priwta examination by me taken separate and apart from her said husband, acknowledged to and before ma that she executed said instrumenl lreefy and vol~rt- larily snd withovt any tompulsion, canstraint, apprehension„_ry fear of or from her said huaband. ~ ~ A. D. 19~ WItNE55 my hand and offitial seal thia_ day o r • Notary Public in and for the Stete of Flarida at lsrye ~ My Commiuion e~irp: , Return To: , ~int Fadersl Savings 3 loan Aswciation (^A at iARG Of fort Pierce. " ~ . - ~`J. 29. 1~6E . Po(f~~~b:•{~larida ~ L;~~~ nc;~....., , ~,_o ~t~sT~~rioft~t . . ~ti ti,' . ~~~1 ~~A, . • ~ . !~1 "~Y ~ ~ ; . u t . . ; tir _ . ='°~l.~l~P EC , " ~ . . : -~~DED _ ~ . _ _ , . . ' ;st _ ,~S ~ ~ ~ a K ~ ~ - _ , ` ' ~ ' ~ f ( J~' 61 . ; - ~ , ~ . ~ ~ ~~-P~ , 3 : • ~ . - ~ - ~o~EQ ~ ~ 06 • . . ~ ST ~u~~E ~~~s. ~~E ' BOOK~~4 2~~ ~ FIpR p~~NrY.~K ~ y~d~'r~' ~ .