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Home My WebLink About1956 3. To plac~ uid continuousiy ks~p on 1M bulldi~qs now or h~rsaNsr ~ituat~ an said Isnd a~d on ~H equipmert and peraonNly rnwr~d by tM~is mort~ p~, with al! pnenivm~ tFxtwrc ptid in full, fir~ insuranca in tM uwal standard policy fwm, in • sum approwd by tM MORiGAGEE, ~d windstwm Mwwann in th~ uw~l s»nda~d pol+cy fwm, in • tium spproved by the MORTGAGEE, in sucl~ comp~ny or t«np~ni~s a th~ MORTGAGEE nuy di~~ttr ~nrd ~il fin rnd wi~wrm ir+sur~nc~ policies on any of said buitcl~nqs, ~ny in~trfft fMrein or p~rt th~eof, in the ~qyreyat~ wm afortsaid or M~xt~at 1Mr~Of, tMil Cont~in th~ uawl itandard mortgagte tlauss w fuch mher tla~ss a~ th~ Mortgagoe m~y rsquir~, makiny fM lou unde? ~a~d po1F tih, Nch ~e~d ~vKy, payabl~ ro s~id MORTGAGEE ai its inte~eit m~y ~ppsar, and eech snd every s~ch polity ~hall be promptly ~as:yr~ed and deliv~rrd to ~ny h~ld by ~aid MORTGAGEE a~ furthar security to uid mort~afls debt, and, not I~s~ tlun ten (10) days in adva~ce of the expiration of esth policy, to d~- ~iwr Io Nid MORTGAGEE • r~wal tMrwf, topetMr with a rec~ipt fw the premium oi tuch renewal; end thtre shall bs no fire o~ winds~orm intur~nc~ plat~d p? arry of wid butld~n~~, sny inter~st fMrein of parf tharwf, un~eu in ths form end with the loss payable as afo~essid; and in the event any ~um of mon~y beeom~s payaDl~ und~r wth poliq w policies uid MORTGAGEE shall have the opt~on tn receive and apply rhe fame on account of the indebted- n~ss wcur~d Mrsby o+ w permit said MOitTGAGORS fo receiva snd uee it or any part thereof for other purposes, w~rhout tha~eb~ waivi~~g or ~mpai~• kq any ~quity, li~n or riqht u~da w by virtw of this mort9~ya; snd in the event uid MORTGAGORS ~hall fo~ a~y reason fail to keep the seid pr~mise~ so inwr~d, or f~i) to deliv~r prompNy ~ny of iaid policies af insurance ro soid MORIGAGEE, or (ail prompNy to pay tuily any premium thcrefor ar in any nsp~ct fail 1o p~rform, discMry~, ~x~cuh, tff~ct, compl~te, comply with and abide by this tovenanl, o~ any part hsreof, said MORTGAGEE rnay pface snd p~y fw such irqurancf oc any paA tMr~of withouf wa3vinq or affactir?p any option, lien, puity, or right under w by virty~ of thi• Mortyag~, end tht full amo~nt of Nch and ~v~ry ~uch p~ymer~t ~hsll be immedi~tely dut and payabls snd ihell besr intere~t from tM da?a thereof until paid at the rat~ 01 nin~ p~r tentum pK annum arHd toqether w+th auch i~terett ~hell be iecured by the lien of this mortq~ge. 4. To p~rnit, commit or tuff~r no waste, Impairment or deterioration of said property or any part thereof. 5. To pay a~l ~nd iinguln tM cwh, chargtrs and expenaes, includiny a reasonable attorney'o fee and costs of sbstradt of title, Incurred or paid at any time by taid MORIGAGEE, becs~~e or in the avent of the failuro c~ the ipart of the said MORTGAGOR to du~y, prompdy end fully perform, discharqe. ~xKUt~, effect, complN~, mmply with •nd ~bide by e~ch and every the stipulations, agreements, cand~!ion~, and tovenents of said promissory note and this morty~q~ any or ~itMr, ~nd said coab, tMrqet and expenses, cach and Qvery, shall be immediately d~e and payable; whether or not there be r.otite da mand, ~ttempt to tollett or tuSt p~ndinq; and the full arteount of each end every such payment shall bea. interesl From tfie date thereof until oaid at the nte of nln~ per tentum per •nnum; rnd all ~sid cous, charga~ and expenses incurred w paid, togathnr with wch inter~st, iMll be setured by ths li~n of thi~ moHqp~• 6. That (a) in the event of any b~aach of th;s Mortgaye or default on the part of the MORTGAGOR, or (b) in the evant ~ny of ssid sum~ of money h~r~in raf~rr~d to be not promptly and fully paid within thirty (30) days next after the same severally betorne due and payab~e, withou~ demand or notice, or (t) In the ~vent aath and every the stipvfationa, egreements, conditicns and covenante of sa~d pramissory note and th~• mortgage any or either ere no~ ~vly, promptly ~nd fully performed, discharged, execu~ed, effected, completed, tomplied with end abided ~iy, then in either ot any iuch event the iaid ay prsq~te sum m~ntioned in t+id promissory note then remaining unpaid, with interest accrued, and all money~ secured hereby, shall betome due and pay- abl• .`orihwith, or thereaft~r, et iM option of said MORTGAGEE, aa fully and completely as if all of ~he said sumf of money were origipally st~pulated fo bs psid on svth day, anythinq in said promissory note or in this Mortgage to the conrrary no~vvithst~ndinq; and thereupon or thareafter at the option af t~id MORTGAGEE, without notics or demand, auit at law or in equity, therefore or thereafter begun, may be prosecutcd as if all moneys ietured hereby had matund priw to its inatitution. 7. That i?+ the event that at the beginning of or at any time pending any eu~t upon thia Mortgaye, or to foreclose it, or to reform it, or to enforc~ p~yment Of eny claim~ hsrsvndar, s~id MdR1GAGEE shall appty to the Court !~aving jurisdiction thereaf for the •ppoinlment of s Receivar, such Court shell forthwith •ppoint a rxeiver of ~ai~ mortyaged property a'~ and singular, indudmg a{i and singula~ the income, profits, i:sues and revenues from whatevar •ourc~ de~iv~d, each ~nd w~ry o which, it beinfl expresvly understood, is hereFy mortgaged as if apeufically set forth and descriNet! in the flrenting and habendum cleu~e~ hereof, and such Reteiver shall have all t~ie broad and effective funct~ons and powers in anywise entrusted by a Court tp a Receive~, end wch appofntment shell b~ made by such Court as sn ~dm;tt~ d equity and a matter of absalute rlgM ro said MORTGAGEE, and withaut referenu ro th~ ~d~quxy or inedsquaty of ihe valve of the property mortgiged or to the sotvency or insolvency of said MORTGAGOR or the defendanti, and that ~uch rent~, profifs, income, Iss~ef ae~d ravenues ~hall be appliec by such Receiver according to the lien or equity of said MORTGAGEE and the practice ~f •u<h Cour?. 8. To duly, promptly and f~lly perform, diicharye, txr_vte, effect, complete, comply with and abide by each end evtry the stipule'ions, sgrtemen~i,' tonditions ~nd cavenants in said promltsory nate and this mortgage set forth. 9. Yh~t in the event the owncrship of the mortgaged premues, or any part thereof, betomes vrsted in a perwn other tfian the MORTGAGOR, tha MORTGAGEE, iri ~ucc~ssors ~nd assigns, may, without notice to the MORTGAOR, dea! w~th s~ch succesaor or wcces~ar in interett with ~efer~nce to thii mortflage and the debl hereby secured in the same manner as with Mortgagor wiihout in any way vitiating or dischsrging the Mortgagor~' liebility here- under or upon the debt hereby secured. No sale of the premises F~ereby mortgaged end no farbearence on the part of the MORTGAGEE or its tuccesson or etsi9ni •nd no extension of the time for the payment of the debT hereby secured given by the MORTGAGEE or its ~uctessors or assigns, sliall operata to releaia, disth~tqe, modify change or affect the original liability of the MORTGAGOR herein, either in wh ,Ie or in part. 10. It is specifically agreed that t;me ia of the essence of fhis contract end that no weiver of any obligation hereundar or of the oblipation sr cured hereby ihall at any time the:eafter be hel~ to be a waiver of the terms hereot or of tfie instrument secured herby. 11. In addition to the forego'ng monthly payments of princ'pal and inreresr required by the promissory nore secured hereby, mortgagor covenanr~ and agrees to pay to mortgagee with each manihly payment an add~rien3l a~m est~mated by mortgagee to be equal to 1/ 12 of the ar.nual cost af the follow- ing: A-All real property taxes levied or assessed agaiost the above described real estate. B-Premiums on fire end evindstorm insurance as herein requ~red to be .arried en the improvementt situate on the above described premises. C-Fremiums on such mortgage guaranty insurance as mortgagea shall from t me to time deem fit to carry on the loan secured hereby. IViortgagee shall from time to time notify mortgagor in writing of the amovot dve and payable hereunder and such sum shall thereupon be due and payahle on the due date of the next mon4hly payment and each successive month thereafter until mortgagee shall not~fy mortgagor of a change in such emount. 5uch tums ihall be applied by mortgagee roward the payment of reel property taxes, insurance prern;ums, and mortgage guar~nty ~r~urance premiums. IN WITNES$ WHEREOF, the aaid MORTGAGOR has hereunto set his hand and seal the day and ~se aforeseid. iqn~d, led and livered in the presente of: ~ (5eel) ~ (..R~l~i.o.'e..vv(.~~i~(~,,uit,<./ (So~l) ~ {Ssel) _ lSeal) STATE OF fLORIDA - ~ 55. courvnr o~ I~ttc i ~ - Before me penonally appeered ~'gCj.~ G. wZ'92121 - and Christine Wj'BT121 his w~fe, to me well known and known te me to be the tndividusl• doscribed in and who executed the foregoing instrument, and acknow{edged before me that they exetuted the sa:ne for thr purposes therein exp~esaed. Md the said Chri s~ ins TIA~Y'9Y2L1 _ wifa of the said ~eciZ Ci. tiA~Y'8T121 , upon e scparnte and private examination by me taken separate and apart from her satd husband, acknowledged to a~d before me that ahe executed said instrurr.ent freeiy and volun• tsrily •nd without any compultio~, constraint, epprehen,}j9r+, or fear of or from her sa;d hu:bartd. WITNE55 my hand and official seal this 'yj~ dey of ?~+.8 temb~r A. D. 19~ ~ - - Notary P ic in and for the ~tate of Floride at large ev~y L~ iation ezpires: ' Return To: finr FedqraJi:S~vjnat d~ loan Astotiation ~yti'~~~;~ ~t:''p ~f F~^~ at Lar~e ..i ~riy L..'.,-,~r:; .::t .i~ P.~~, 1967 ~ , or ~Fort' pierce. FILED AND RECORQED %VtIJC: . .;;Yt..~:~~ ~~~et, ~co. or .v. Y. = yy ~ FefY'Pterca; flotcja ~ . e ~C~ •,P\U` r ~'~'.~O~K ,,~.t:=}! :i;i• , ~ j%~~'j ~ - _r;: .w _ ~ ~ ~ - " ~ss sEP 7 A~ ia ~ oo ~ ~ . ~ - ~ 1'~ ~-~'G -~v~~:)~P~ . . ' ~ , - . - • ROG£R PGITRAS. CIERK ~ - , - ~ ` ~ ~ ST. LUCIE COUNTY, . ~ ? - FLORIDA - : goR~ 126 ~ ~ . . 154 ~