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Home My WebLink About1962 9. To placy •nd tontin~ously kNQ on tF+~ buildin9s now or heresfter ~i~u~te on said (aetid ~nd on all equiprr+Mt and psrsohally coveted by ihis maf9- p~, with all premiums fMr~oe~ paid in fuil, fire ins~rance in the ~sual st~ndard policy form, in • sum epprov~d by the MORTGAGEE, and v.~~ndstorm M?wr~++c* in tM utwl ~qndard pol~cy fwm, in • sum epproved by the MORTGAGfE, in ~uch tompany or comp~~iet •s the MORTGAGEE may dinctt ~nd all fire and windatorm in~vrance po~icie~ on ~ny of ~eid buildinya, •ny inter*~t tl+~rein or p~rt ther~of, in the a94reyare tum afaes~id w In ucpa tMr~of, shali eontai~ tM usual standard mortgagee tlaute w such other cl~uss a~ tht Mortqagee m~y riqu~re, m~kirtp ths los~ under ~~~d poli- ti~s, ~ach ~nd ov~?y, payabl~ ro said MORTGAGEE a~ its intereat may appear, and each and every sv:h policy •hall be promptly au.yned a~d dtlivercd ro , N+y h~W by uid MORTGACsEE u further ~ecurity to taid mortqsge debt, and, not Iau than ten (10) days in advence of !he expiration of each policy, to d~- (Iwr fo uid NIORTGAGEE a nnew~l th~~wf, toyeth~r with a receipt for the promium of auch renewal; and ther• thall be no fire or windsrorm ins~rancs pl~ or~ ~ny uf taid buildinpt, ~~y interest th~rain or part thcreof, unle~s in 1he form and with the los~ payable as aforssaid; •nd in the event a~y tum oF mon~y b~com~~ p~y~ble ~ndK ~uch polity w policiss said MORTGAGEE shall have rhe opt~on ro receive end epply the same on s<couro of the in~eb~ed- neu f~cursd h:r~by o~ ro permit said MORTGAGORS to reteive end use it or any part thereof for oiner p~~poses, w~tho~t thereu~ waivi~~g or ~mpdir- iny ~ny ~quiry, li~n tx riyht under ot by virtu~ of this mortgage; ~nd in the event ~a~d MORTGAGORS ahrtl for any reason fsil to keep the said prem~tes so insurad, or fsil b deliver promptly any of aaid policies of insurante to said MORTGAGEE, or faii pron~ptly to pay fully any promium therefor or in •ny ~~sp~ct fail ro p~rfwm, disch.~~pa, ex~cuts, effect, tomplete, comply with and sbids by thii tovenant, or any part hereof, eaid MORTGAGEE msy place and pay fw ~uch insuranc~ or any part threof without waiv:ng or sffxt3nq any option, lien, equity, or right under or by virtw of this Morrga9e, ~nd the full ar?aunt of a~ch and ~r~ry suth p~ymant shall be immediately c3ue and psyeble and ahall bear intsreat from tM date thereof unti) paid at tha rate of niM per esntum p~r annum and to9ether with such imercyt shail be iec~red by the lien of this mortgsge. - 4. To p~rmit, mmmit or ~uffer no waste, impairment or deteriotation of said p~~perty or any part thereof. 5. To pay •11 ind sin~ular the cwt~, charges •nd expe~aes, including a reasonable attorr,ey's fee and coats of eb~t~atts of title, inturrod or paid at •ny tim~ by taid MORTGAGEE, b~csusa Or in the svant of tha failure on the part oF the ~a:-i MORTGAGOR fo duly, p~omptly snd fully perfarm, distherqe, •x~cut~, effact, compl~ta, comply with snd ab~de by sach and every the stipulations, agreemen:a, conditions, and cov~nants of said promissory note snd thii mortQape ~ny or either, end iaid tGStt, th~ryes and expenses, each and evEry, ehall be immediaic~v due and payable; whether or nat there be r~otice d~ mand, ~ttempt to mll~tt or ~uit p~r.ding; and the full emount of each and eyery s~ch payment shai~ tiear interest from the data thereof until paid N the ?ete of nine ptr tentum per snnum; •nd •11 raid costs, charges and expenses incurred or paid, together witn sutn ~,~tsrrat, shall be tecurad by the li~n of this ~~9~C~. 6. Th~t (s) in ihe QVftS1 of sny bre+ch of thii Mortgege or defa~lt on the part of the MORTGAGOR, o,- (b) in the event any of eaid ~ums of money har~tn refsrrsd to be not promptly and fully prid within thirty (30) days next after the same severaliy become d~e and ~ayable, wirhout demand or notite, or (t) tn ths event oach end every the stipuletions, ag~eements, cond~±ions and covtnants of sa~d promissory note and th~~ mcrtgege any ur either ara not ~uly, promptly ~nd fully p~rformed, discharged, exetuted, effected, completed, comNlied with and abided by, then in eifher or any •uch event fhe ~aid sp- preqat~ tum mentioned in taid promissory note then remaining unpaid, with i~terest accrued, and all moneys xecured hereby, shell becoma due end pay- abl• forthwith, or thsreahsr, ~t tht option of said h10RTGAGEE, as fully and completely ac if all of tha said •um~ of money were oripinally stipulated to kr~ pald on sveh day, anythinq in sa~d promissory nate o~ in this Mortgage to the conrrary ~orwithusndinq; and thereupon or ~hereafter at rhe op~ion of f~id MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted if sll moneys ixured hareby had matur~d prior to ih institution. ~ 7. YhaT i~ the event that ~t the beginning of or et any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enfor:e payment of eny claims here~nder, aid MORtGAGEE ahali apply to the Court having jurisdlction thereo'. for the appointmenf of • Receiver, fuch ~ourt shcll forfhwith sppoint ~ receive? of sai~ moriflaged property all and singular, includ~ng all and singular the income, profits, issues and revenuet from whatever wurt~ deriv~d, each •nd ~very o which, it being expressly understood, is hcreby mortgaged as if speufically set fo.th and destribed in the yronting an.3 habendum claute~ hereof, and suth Rrceiver thall have sll the broad and effectiv~ funct~ons and powers in anywise entrusted by a Gourt tp s Reteivo~, an~~ ~uch appointment •hell ba mede by suth Court as an admitted equity and a matter of ebsol~re r~ght to said MORiGAGEE, •nd without reference to th~ sd~quacy or inadpuacy of the value of the property mortgaged or to the solventy or ~nsolvency of said MQRTGAGOR or tfie defenda~ts, an-! that su:h rents, profits, income, issuei end revenues ahall br applied by such Receiver according to ihe lien or equity of taid MORTGAGEE and the pracri~e of v~ch Court. 9. To duly, prnmptly and fully perform, discharge, execute, effect, complete, comply with and abide by each end every the stipulations, agr;ementt, conditiona end covenants in said proml~sory note and this mortgage set forth. 9. 7hat in the eveM the ownership of ~ martgaaed premises, or eny part thereof, becomea vested in a perwn other than thc MORTGAGOR, the MORTGAGEE, its ~vccassors and assigni, may, w~~hout notice to the MORTGAOR, deaf w~rh such iuccessor or wccesior in interes~ with refer~nc~ to ttii~ mortq~fle snd the debt hereby cecuted in the same manner as with Morrgagor witho~t in any way vitiating or discharging the Mortgagon' liability hera vnder or upon the debt hareby sec~red. Mo •ale of the prem:ses hereby mortgaged ar.d no Forbearance an the part of the MORTGAGEE or its successor; or atsigns and no extensior. of the time for the payment of the deb~ hereby sec~red given by ihe MORTGAGEE or its waessors or as;ignx, shall operots to r~le~~e, di~cherge, modify change or affect the original liabil~ty of the MORTGAGOR herein, either in whole or in part. 10. It i~ ipecificelly aqr~d that time ia of the essence of this contract and that no weiver of any obligation hereunder nr of the obliyalion sa- cured hsreby •hatl et any time thereafter be held to be a waiver of the terms hereof or of ihe instrument aecvred herby. 11. In addition to ttir foregoing monthly payments of princ pal and interest reouired by the nrom~ssory note secured hereby, mortgagor tovenant~ and •greq to pay to mortgagee with each momhly payrnert an ac+d~rtonal sum est+mat~ by morrgagee to be equal to 1/12 of the annual cost qf the follow- . ing: A-All real property taxes levied or assessed against the above descri~ed real estate. B-Premiums on fire and windsrorm insvrar.ce as herein requ~red to be carr;ed en the improveme7ty s~tvate on the ebove descr~bed premises. C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall 4rcm t:me to tirne deem fit to carry on the loan sec~red hereby. Mortgagee ahal! from time to time notify mo~tcagcr in writing of the amo~nt due ar~d payable hereunder and such sum shall thereupon ba due and payable an the dut date of the next monthly paymem and each successive mor,th thereafter u}il nrigagee thall r.ot(fy mortgagor of a change in such emount. Suth sums thall be apptied by mortgagee toward the payment of real p.operty taxea, insu~ance prem;ums, a~id mortgage guaronty iniurance pramiums. IN WITNESS `NHEREOF, the se:d MORTGA^vOR has hereunto set his hand and seal thc day and ye:- first aforesaid. Siynad, I a allvered in tha presence of: ~ ~ ~w 'L~ {5eel) , {Se~l) ~ (Seal) _ (Seal) STATE OF FLORIDA cour~tr oF Saint Lucie ~ De1 hin r. P?rker and Before me penonally appeared - p-- A71Y1Q M. Parker hia wife, to me well known and known to me to be the individuats deaaibed in end whe executed the fore~oing instrument, and acknow{edged before me that they executzd the same for the purposes therein expresaed. And the isid A11T18 iK. Parker wife of the said Delphin F''. Parker , upa~ a separote end private axemination by me taken ~eparate and apart from her said husband, acknowiedged to and before me that ahe exetuted said int!n~ment freely and volun- larily and withovt sny computiion, constraint, epprehen ' or fear ot or fram her aaid husband. WITNESS my hand end afficial scal this y~~~ day of SB mber ~ A. D. 14~ ~ ~ , Notary P ii< ir, and for the State of Florida at Large My Ca ission expi~es: Retum To: First Pederal Saving• d Loan AseO:io::~+n RDED ` fli' Fort P~e:~e. FI~ED ANO REC K NOtBfy Puh~!`r„ St~tt n` Flb°'~F 3} !~DfK9 Fort~Pierce,• Horida ' • B~~ t.ty Cornm ss on ~x~;'r~~ ~i,_; i,, 79b~ - • Iti,_. .,,;nded By h^~..i:can ou;E., i.~i. ~sS I'l, Y, ` . , , ,1) r ~ J^ ' y • _ / ` ~ O ` . ` ~ ? ~ J j _ . i~ ~ fi5 SEP ~ ~ ~ ~ ~ ; . . , ~ : r, `~,v 1 ;~~~j'i',`~ _ • ~ ' . R4GER Pu~ ? RAS• CTYRK - _ ~ _ ~ ST. ~UCIE COUN ~ ~ . FLORIDA . ~ O R . ~ • - Bo~~ i~~ sso . ~ ~ ~ : . ,~G ~ ~ _