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Home My WebLink About1939 s, Td pbc~ and ~ontMwo~ily kNp on tlu buildinp~ now w 1+rroah~r fitwN ot~ said lind snd a'~ all puiCimMt ~nd p~?son~~ly co'wrr~d by N`i~ "'°~?p' p~, wifh ~11 pnmiwry !1?Kwn p~id in fvll, firo irnw~nt~ in tM wwl s~arderd potity form, in ~ tum ~pprowd Dy tl?M MORTGAGEE, ~nd windstorrn yy~w~ {n tM wual ~tandwd policy fo?m, in • ~v~n ~pprov~d by tM N10RTGAGfE, in wch comp~ny w comp~niM ai tM MORTGAGEE ~?+Y eW~t1j ~rd ~11 fh~ ~nd wi~dstnrm iraw~no~ pelicia~ M any of ~aid 6uitdirgs, ~ny inter~sl thsr~in w part therwf, in fM pqr~qih wm ~fore~id or In ~xaM Ilw~of, N+~II tor~tain tM wwl at~nda~d rnortgaqee cl+wa w such otMr d~use a ~I» Martyp~e may rpuir~, mekinp 1!» lou v~ wid pol4 ciN. Ncl~ ~nd ~v~rY~ WYabN ro s~ld N1bRTGAGEE aa ih interat may ~ppsar, •~u! each snd every s~ch policy shalt b~ p?omptly ~s~:yned and d~fiv~r~d ro , iny Mld by Mid MORTGAGfE a furtF»r acurity to said mortp~q~ deiot, ~nd, not I~u tMn 1~n (10) d~ys in advance of tht •xpir~tio~ of each polity, to d~- ~iwr fo wk! MQRTGAGEE ~ nnawil thRtaof, top~thK with a rxeipt for tfie premium of such ~enawal; ~nd TMr~ ihall b~ no fir~ or windstorm insurant~ p~~y~J p,n My p{ ~aid 6uild~rgs, ~ny iM~rasf tM~~in'or p~rt thereof, unlass in th~ form •nd wAh tha loaa payable as aforfs~id; ~nd in tM •wnt sny tum dF ~nprpy b~c~~ prY~bl~ ~e~d~ such polky or polici~~ taid MOR'tGAGEE shall Mv~ the option to receive and apply the tame on account of tM indebtsd- n~at weyrrd ha~by p? lo pKmit ~aid MORTGAGORS ro receiv~ ~~d u~s it o~ any past thereof for othe~ purposes, wirhout the~eb~ wei~ing or impair- Inp any puity, (Nn a rpht uhdar w by virtw of thia mortQaye; and in tM ~vent aid MORTGAGORS ahall for any rea?on fail to keep rhe a~id premiaa~ ~o Inw~~d, or fill w d~liw~ promptly ~ny of a~id policies of imurancs to iaid MORTGAGEE, or fail prompily to p+y fully any prsmium therefor w in any ?~sp~A fai) to pKform, di~charQ~, ex~cut~, ~ffact, compl~te, tomp~y with ~nd abids by thii covenant, ot any part Mreof, ssid MORTGAGEE may place and pay for such imwanu ot ~ny part thtreof witho~t waivinp or affattinq •ny option, lien, puity, or ri9M und~r w by virtw of this Mwtya~, +nd the full amount of Nch ~nd ~wry wch piym+++t sh+~~ b~ imm~d~~tdy dw ar+d payabl~ and sMll b~ar intenst from tM d~t~ tMersof un~il peid •t tM rat~ 01 nint pet untum pN anhum ~nd together with suth lnterest shall be secured by tFu lien of thii matfl+9Q• 1.. To pNmit, tommit ot suff~r no wast~, impairment a deterioration of s~id property or •ny part thereof. ~ S. To p~y all ~nd tinpular the cosh, tharyes and expenies, includiny a reasonable ettorney'a fee end costs of abstrects of titls, incurr~d w paid at ~ny tirrK by aid MURTGAGEE, bec~use w~n tM event of the failur~ o~ the part of the seid MQRTGAGbR to duly, promptly end f~lly perform, d~~chsrg~. ~xetutv, ~ffect, camplet~, oomply with and abide by ~sch a~d every the stipulation~, iyreements, cond~tions, snd covenents oi ssid promissory note and ~hit mortyp~ ~ny or ~ither, ~nd ~aid costi, tharq~s and expense~, each and every, shall btr immediately d~e and payable; whether w not there be rocice de~ mand, atMmpf fo tolletf or ~uit pend'+ng; end tha full amount of eeth ano evary such payment sha~l bear intqtaat from the date thereof until paid at tM t~t~ of nine per c~ntum per annum; and atl said toah, cherge~ snd expenses inturred or paid, together with such interht, fhall be s~tured by tht liwn of tfii~ mor~gW~• 6. TMt (a) in ths evsnt of ~ny br~~ch of this Mortgaye or default on the part of the MORTGAGOR, or (b) in the event sny of said ~ums of money h~nin r~f~rr~d to be not promptly s~d ful~y paid within thirty (30) days next efter the same severally become due and payable, without dema~d or notite, or (c~ In the ~wnt esth and every the afipulationi, agreementi, conditions and covenants of ~e~d promissory note and, this mortgaqe any or sithar are not ~vly, promptly and fully ptrfwmed, discharyed, eaecuted, effected, completed, complied with and abided by, then in eifAar or an~ •uch event the ~aid ~q- pnyata wm mentio~sd in said promissory note then remaininq unpaid, with interest accrued, and a11 moneys secur~d hereby, shall become due and pay- ~bl~ forthwith, a thsreaft~r, at the option of ~sid MORTGAGEE, as fully an~ completely as if all of the said suma of money were oriqinaily stipulated ?p be paid on suth day, anythinq in ssid promissory note or in this Mortgage to the contrary notwith~tandiny; and thereupon or thereafte~ at the optio~ of t~id MORTGAGEE, without notic~ o~ damand, ~uit at law ar in equity, therafore or thereafter begun, may ba pro~ewt~d ss if sU moneys ~scur~d hereby h~d matund prior ta ifs instit~tion. 7. That in ths ~vent that at tM bsginninq of r at any time pend'+ng any suit upon this Mortqage, or to foreclo~t tt, or to reform It, or to enforc~ p~yrr~nt of ~ny tlaima herovnder, said MORtGAGEE shall apply to the Coun havi~g jur~sdiction thereof fo~ the appointment of e Receiver, suth Co~rt shall forthwith sppoint s receiv~r of aai~ mortpsged property all and singvlar, inctud~ng afl a~d singular the income, profiis, i:sues and rev~n~es from whatever wurc~ derivtd, e~ch and ~v~ry o which, i1 beinq expressly understood, is herebq mortgaged at :f ~pecificalty ut forth and dascribed Irt the yranting and h~b~ndum clause~ herrof, end s~ch Reteiv~r shall have •II the broad end effective func!~ons and powe~s in enywise entru~ted by s Court t9 a Rtteiver, and ~uth eppointment ~hall k» msda by suth Co~rt an admitted equity a~d a matter of absolute right to said MORTGAGEE, ~nd without referenc~ to th~ ad~Guacy or in~d~q~acy of the wlue of the property mortgaged or ta the sowency or insolvency of said MORTGAGOR or the defendann, acd that iuch renri, profit~, income, fuues and r~venue~ thatl ba applied by such Receivar according to the lien or equity of said MORTGAGEE and the prsctiu of such Covrt. 8. To duly, promptly •nd fully perfo~m, discharpe, execute, efiett, tnmplete, comply with and abide by each •nd every the stipuletions, sgresmsnt~, conditlons and covenants in ssid promlasory note a~d thi• mortgage set forth. ' 9. That In th~ ev~nt the ownenhip of the mortgaged premiaes, or eny part thereof, becomes vested in • perwn other than the MORTGAGOR, the MOR7GAG:F, iri tutceuon and assiyns, may, withoul notice to the MORiGAOR, deal with s~ch succsssor or wccessor in interest with refertnce to thii morry~p~ snd the dcbt hereby sstured in th~ same manner as with Mortgagor without in any way vitie~ing or discherg~ng thn Mortpagors' liability herr under or upon tht debt hersby iecured. No tale of the prem~ses hereby mortgaged and no forbearance on the part of the MOR7GAGEE or iti successors Or saiq~f and no extension of the time for the payment ofi the debt hereby secured g:ven by the MORSGAGEE or its successort or aasigns, shall operaie lo r~leas~, diuharQe, modify change or affett the origina! liab~lity o4 the MORTGAGOR herein, either in whole or in part. 10. It ie tptrtificslly agreed that time is of the essence of this tantract and that ~o weiver of sny obligation hereunder or of the obtip~tion sr- tur~d hereby thall et ~ny time thereeft~r be held to be a waiver of the terms hereof a: of the instrument secured herby. 11. In addition To ihe forego:ng monthly paymsnts of princ'pal and interest required by the promissory note secured her2by, motigagor covanant~ and igreet to pay to mortgagee with each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cosi of the follow- inq: A--AII real property taxes levied or asaessed against thc above descrioed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~tt situa!e on the sbove described premi~ea. C-Promiurr• on such mortgage guaranty insurance as mertgagee ahall from time to time deem fit to carry on the loan aewred hereby. MorTgegee tha14 from time to time notify mortyagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and peyab~e on the dua date of the nezt monthiy peyment and each successive monrh thereafter until mertgagee shall notify mortgagor of s changs in such ~m~unt. Such sums sha11 be applied by mortgagee tow~rd the payment of real properry taxes, insurance prem~ums, and mortgage guar~nty in~urance p~emiumt. iN WITNE55 WHEREOF, the said MORTGAGOR has hereunto se! his hand and seal the day and yea~ aforesaid. iyn~d, S~ d and 'vered in the presence of: ______(Soaq (S.~q (S~al) ' - - {Sea!) 7E OF fIORIDA 1 couNrr of S t_ Luc i~ i~~ Befwe me penonally a~peared Fre d F A ri wm a and norr i 4 D [9 AIi'f A hi~ wife, to me well known and known to me to be tha individu~l~ described in and who ~xec~ted the forego+nq instrument, and ecknowledged btfore me that they executed the same for the purposes thero~n expresud. And the sae~ Dorris~. ~iC~e~[i19 wife of the ssid Fred F._AClB[f18 ' upon e separate and privata examinetion by me teken teparate and apart from her said husband, acknow~edged to and before me that ihe execuTed said instrument freely and volun- f~rily and withuut any compulsion, co~straint, appreheneiqp, or fear of or from !xr iaid husband. WITNESS my hand an~ afficial seal thi~ day of_ SAp~eIflber A. b. 19~ ~ - Notary Pu c in end for the S1 ate f Floride et large My Gom ission expiret: q/G~G ~ Retur~ To: F~n~ F«~~.r s~~,,yw a ~~n~~o?+ND RECORDED r:oc~ry- P~~~,,_, ,.-~r. ~ ,c ::,,q, ~•ot'Fo.t~ R~f*~~ ~ ~ ~ K ?J!i C',~,,-~: c; - _ , ' :~.I. o, 1967 ~ ~1~ ~ • ~Qr~ t3on,~~~:ii~.:..:i~r,c.:n ~~rc:cy ~o.oi ~.Y~ ~Fort Pierc~, floride!. . T , , > ~(1`' ( ~ ' • , ' . : e~ ~•r'? ~ r ~``wi UJ ' ' . • . . ; ; 1 ; J ~ , - : - , ~ . , . R~i~i , . ~ .;•.5. C ~_.=;~K . ~ _ ~ . - - ' . y i i~:.~ C .I E C 0 U ~ 'f . . . ~ : . , . F~~RIDA • ' ' ~ , , ~ . , ~ - - - - ~ " _ _ . - _ _ -