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Home My WebLink About1239 To pl~cs +nd oa+tinuously kMp on tM bvild;~s now or Mreaffer ~ifuaa on ssid land ar+d on a~l rqulpma~t and p~non~lly cov~?~d by thit martQ- ap~, with stl p~~miuna ther~n~t paid in fvll, fire inivrance in th~ u~uel stande~d policy fwm, in • sum app?owd by tM MORTGAGEE, ~d windatorm iraur~nc~ in tM wwl ~tandard pottcy f«m, in a wm ~pproved by the MORTGAGEE, i~ such comp.ny w ~ompanie~ q rM MORTGACsEE m~y dSntt1 Md ~ii fin and wir~torm ins~nnC~b paticie~ o~ any of iaid buiidinys, iny intereat thertin or part theruof, i~ 1he apqre9Ne wm ~forpiid Or ' M~resss ?lwr~of, ~MII contai~ tM ~swl standKd mor~gagee cl~use or auch othe~ clause ai tM Matqayee m~y rsqu'u~, m+kinq thr lou undsr ~a~d poii~ cl~s, Nch ~nd ~v~y, p~yabie ro faid idORTGAGEE es ib iroere~t may ~pp~ar, ~nd esth s~d every xuch policy shall b~ pr8mptly ass:gr+ed ~nd d~live~ed to ~ny Fuld by aid MORiGAGEf as furtlxr rxurity ro aid mortya~ dsbt, arxl, no1 leu ihan tM i10) deys in advanc~ of the expiration of ~ach policy, ro dr l~wr 1o Mid MORTGAGEE ~?rnwnal fMMOt, top~lMr witb a reCeipt for tM pnmium of wch ronew~l; ~nd tfier~ shaif b~ no fin cx wind~tvrm i»surint/r pl~ad on u~y of said buildinps, ~ny interest Mtrain w parf ~hersof, unlesa in tF» fwm •nd with the loss p~y~ble as afor~seid; errd in ths evtnt any sum of moMy bacwnN p~y~bl~ undtr such polity or policits said MORTGAGEE ihal! ;iave thlr option to receive and sppty the same on account of the indebted- Mas wtu~~d Mniby a W pKmit said MORTGAGORS to retaive snd u~e it p~ sr~y part thereof for other pvrposes, wi~hout thareb~ waivi~eg or ~mpair k~p any ~trify, lien q?!qh! vnder a by virtw o4 this moslp~qe; and in the ~vent taid MURTGAGORS shall (or ~ny reason fail to keep the said premises w ins~r~d, or f~il to d~liwr promptly any of said policias of insunnca ro said NldRTGAGEE, or fail promptly to pay fvt~y sny promium thrrefw w in sny r~spett fail ro perfwm, dixharye, ~xacuh, ~ffect, canpl~ta, comply with ~nd ~bide by thii cove~ant, w ~ny part hersof, said MORTGAGEE may place snd piy for tuch Inwrants or ~ny part th~roof without waivinq or aff~ctinp any option, tkn, puity, or riyht und~r o~ by virtua of this Mortgape, a~d the full amount of ~ach and ~wry Wch p~ym~r+t shall be immsd"eataty dw ~nd .~yable ~nd :haN b~ar inter~st f~om th~ daf~ thereof until paid st ti?~ rat~ oi nirw pt? c~~t~m pe? annum and tog*ther witl~ such intereit rM11 ba secured by tM lien of this mort9aqe. 4. To p~rmit, commit or wffK no wa:ts, lmpairment or deteriw~tion of ~aid property or •ny part thereof. 5. To pay all sr+d sinyul~r the costs, tharge,~ and expenses, incl~dir~ a reaionable ~ttorney's fee and to~ts of abstracts of titte, ir,curred or peid at ae~y fime by uid MORTGAGEE, becavsa or in the evant of the failuro on the pe~t of the said MORTGACa~R to ~uly, promptly and fully perfwm, d~scharye, •xecut~. ~ffect, completr, tomNly with end ~b~de by eech and every the itipulationc, aqreementa, COf1d1110~1i, and covenants oi teid promisaory note ~nd thi• mortp~q~ ~ny or athsr, and ssid cosh, charges and expenua, each and every, ahall be immediately due and payabl~; whether u not there be r.otice do- marxl, att~empt to tolle~t or wit pe~ding; and the fu!! amount of each end tvery suth payment ~hall bear interost from the date thereof ~ntil paid d the nte of nine per centum per rnuum; ~nd all said costa, charges and expenses incurred or paid, together with auch inter~at, shall b~ sKUred by the lien of this mort9aq~. 6. Tl+at (a) in the sve~t of any bre~ch of fhis Mortgage or default on the part of the MORTGAGOR, or (b) in tha ~vent any of said sums oi money hbrsin ref~rred to be not p~omptly ~nd fully paid within thirty (30) days next after the same severally become due and peyable, wiihout demand or notice, or (d In ti» svtnt esch and avery thr tt~pulations, agreements, conditionY end covanents of sa~d promiswry note and this mortgaye sny or either a~e not ~vly, promatly snc! fuUy performed, d~xhargcd, executed, effected, completed, compGed w~th snd abided by, then in eitfier or any such event fhe said ~y~ prepaie ~vm mentianed in said promiasory note then remaining unpaid, with i~terest accrued, and all moneys eecured hereby, •hsll become due and pay- ~bis forthwith, ot thereaftar, ~t the uption of said MORTGAGEE, as fully and tompletely as if alt of the said surrr of money were oriyinally stipuleted fo be paid a'~ suth day, anythirry in sa~d promissory note ot in this Mortgage to the contrary notwith~tandin9; and thereupon or thareafter at the option of ~~id MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thsreefrer beg~n, may bs p~osecuted if alt moneya setured heraby had matured priw !o its institutien. 7. That in the event that at the beginning of or at any eime pending any suit upon thia Mortgage, or fo foredose it, or to reform it, or ta enforc~ payment of any cl~ims nereunder, said MORTGAGEE shail apply to the Cnurt having jurisdic~~on thereof for the sppoPntment of • Recriver, such Court shall Forthxrirh appoint s recc+ver of sai~ mortgaged property ell and singuler, includ~r.g all and singular the irtcome, profits, issue• and revenuei frp.~ whatever wurte derived, aath ar.d every o which, it beinfl expresaly underarood, is hereby mortgaged as if specifically set farth and dearibed in the yran~ing and habendum c!auset hereof, and auch Reteiver ihal~ have etl fhe broad and effetrive funchons and powers in anywise entrusted by e Cou~t tp a Reteivfr, •nd wch sppoinimant shall be made by wch tourt as an sdmitted equity and a matter of ebsolute rigM to said MORTGAGEE, and without reference to the adaquacy or inadequacy of the valve of the property mortgaged or to !he tolvency or insolventy of se~d MORIGAGOR ar the defendann, and that such ren», profih, ir+coma, iuve~ and revenuea shall be applied by such Receiver accord~ng to the lien or equity of s~id MORTGAGEE and the practice of •uch Gouei. 8. To duly, promptly and fully perform, distharge, execute, effect, complefe, comply with and abide by each end every tha rtipulatione, sgreemenfs, cenditions end covenents in said promizsory note and this mongage set forth. 9. 7hat in tha event the ownrrship of the mortgaged prem~ses, or eny part thereof, becomes veited in a person other than the MORTGAGOR, the MORTGAGEE, itf auccessors and assignY, may, withou~ notice to the MORTGAOR, deal with such succesior or wccesfor in interest wirh reference to thi~ moit9sye and the debt hereby secured in the same manner aa w~rh Martgagor w~fhout in eny way vit~ating or dische~ging fhe Mortgagora' liability herr unde~ or upo~ the debt hereby secured. No sale of the premises hereby mortgaged and no forbeerance on the part of the MORTGAGEE o~ it~ svccessors or aasigna and no eztens:on of the time for the payment of fhe debt hereby eecured given by the N10l2TGAGEE or its succcssors or assignti, shall operate t0 release, di~charQe, madify char,ge or aff~ct the original lia6~lity of the MORTGAGC~R herein, either in whole or in pert. 10. It ia specificaliy agreed that time ia of the esaence of this ~~ntraa and that no waiver of any obligation hereunder or of the obliyation se- tvred hereby shell at any time thereafter be held to be a waiver of the terms hrreof or of tf~e inatrument aetured herby. 1 t. In addrtion to the forrgo:ng monthly paymems of p~inc'pat and interest req~ired by the prom+ssosy no!e setured hereby, mortgagor tovenants and agreea to pay to mortgagee with each monthly payrr.ent an add~rionel sum estimated by mortgagee to be equal to i j 12 of the annuat twt t,the fallow- in9: •.ti'~~~ ` . ~ ~ + A-Ali real property taxea levied or assessed agains} thc above descri4ed real estate. 9-Prem~ums an fire and win~+storm insurar.ce as nerein requ~red to be ce~ried on the improveme:~ts situate on the above de~cribed ~¢Qii es. ~ . • C-Prcmiums on svch mortgaga guaranty insurante as mortgagee shail from time to timc deem fit ro carry on the loan setu7ed.h~rebj~: j~~ ' ~.i_ Mortgagee sha!1 frcm tfine to time notify rrortgayor in writing of ihe amount due and payable hereunder and tuch sum sha~l theteupon be due end'= payable on the due date of the next monthly payment and each successive month thereafter urti! mortgagee shall notify mort9ayor o1 a tF'~~e %n ~vcr : amount. 5uth s~ms iF.all be eppiied by mortgagee toward the payment of real property taxes, insurante prem;ums, and mtutge9s 9~ ar~nty in`aurance : premiums. , , ; ~ , _ ~ IN WITNESS WHEREdf, the said MORiGAGOR has hereu~to set h+s hand and seal the day and year first aforeaaid. . i ' n~d, al md live~rd ' h~ r nce of: . ' / • • ~ - ' D A D. ~n B~' ~.il~t ~ • (Seef) ~ Attest: ~ aq . . ~ , . . STATE OF FLORIDA fCOUNTY OF St. LUCIE S+s ~ HEREBY CERTiFY, Thet on this_ ~'7 ~ day of A~~st A.D. 19 65 , before me personaily appearad ~'°Un8 Dickson an~ J. l~l. Di ckson _ respectively -r_1iCe _ presider~t and Secretary ~Tr_$asur+ar R:';\ Lr b' ?c,~;.. of D. A.D.._Ino. _ _ , e F1oPida Cp~~oration, to''rcn~ - - - - V ~ t knoWn 1o'b~,thq persons described in and who executed the foregoin~ instrurr,ent, and severaliy ~..~nov,Vledg~~ i~fiE?exe~ -,cvtioii`this~edf:to tie t~eir free act and deed as such officers for the uses and purposes therein mentsvttet~;~ ~nd that they _ , .C U t.~ :affjxed ~hetefp~The 4ffic+al seal of said corporotion, and the said instrument is the act and deed of 's~tid corporation. .Y ~ ~ . .+t~t : WtN~55 my hahd. and~ officiat seat at Fort Pierca , said count and state. S~~ ~ ~ , ~ ' . ` : ~ ~ • . ' ~ ` RECO~DED Notaryr Public, in arsd for State and Count~ afaresai~ ~ ~j'~•~~ ~'~D g00K My Gommission Expires:Not~~r Pu~~~"-, s~~~~0 4f FlOf'~da a'Lar7e • :s i10v. 3, 1~::5 fN•' My ;.omm ss on tx~ ~ BOnded by P.rre.'~can Suret/ Co. of N• Y- 'Cs ~uG P.!f1 3: ir _ n . ~r ROGER Fi~; ~ ~:as. CLERK . ~_t1CIE COt;C~ + Y, 13~~~~ ~oa~125 3g . ~ - ~;FL ~ . ,~d _ _ ~