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Home My WebLink About2219 To plac~ and ~ntin~ously kNp o.~ t1» bui!di~+ps now w h~~~~fi~r ~~w~rs on ~aid land ~~d on all equipn~nt ~nd pe.sondly covered by th~s mortQ- p~, with all p~~miums tMrwn p~~d in full, fir~ ir?~uranc~ in 1M uiual st~nda?d policy form, in a ium approvvd by tl» MORTGAGEE, ~nd windatorm ineur~nt~ In tM ~~wl sundard policy fwm, in a aum spproved by tha MORTCrAGEE, in such company w companit~ aa the MOR1GAGfE ~?ay dir~cl: ~nd all fir~ ~r+d wind~twrr~ i~su~~nc~ pol«cie~ on ~r.y of said tuildirqa, ~ny int~reat tlw+ein or p~rt th~r~of, in th~ agqre9st~ wm ~fw~sa+d w M+ txnu tMrwf, sMU contain tM wwl ftandad mortgage~ cl~use w ~uch otMc cl~uN a/M Matq~yee may requin, makinq rF+~ lo~s unda+ sa~d polr ciet, each and •vwy, pay~ble to said MORTGAGEE its interest may ap~a?, ~nd tach and e~ery such policy ~hall b~ promptly ass:y~ed ~~d dalivered to ~ny held by s+~d MORTGAGEE ~s further uturity to s+id monysg~ d~bt, ~nd, not Isss than ttn (10) days in advante of ?he expiratio~ of ea<h po!icy, to de- (ivN to ~aid MORTGAGEE • r~nswal th~rwf, tos,~ethK with a reteipt for fhe p«mium of such ranewal; end there ahall be no fire or windsto~m insu~anc• pl~csd on ~ny of said buildirgs, ~ny intere~t tMrein or p+rt thsreof, unleis in the form and with the losa payable a~ afwesaid; and in tM evtnt any ~um of mon~y bacon~es psyable undef ~uch poticy or policies i+id MORTGAGEE shall havs tM opt~on to receive and agp(y the same on sccount of the indabted- neu s~cured her~by a to p~rrnit Nid MORTGAGORS ro r~teiw and us~ it M any part ihereof lor other p:.uposas, without thareb/ waiving or unpair- iny any equity, lien or right unde? w by virtue of thi~ mo:tpeye; and in the ~vent iaid MORTGAGORS shall for any reawn fail to kecp the faid premises so insured, or fail fo deliver promptly any of said policies af ini~rsnct to uid MORiGAGFE, or fail promptly to pay fvlty any premium therefor or in anr raspect fsil to yxrForm, distharge, execvfe, effsct, complete, comply with and abide by thit tovenant, or a~y pert hereof, said MORTGAGEE mey place and p+ay for such insurence or a~y part thereof withcwt waivinq w aff~ttirp ~ny eption, li~n, puity, o~ right under w by virtue of this Mwtyaye, •nd tht full smount of eech and every ~uch paymenl shall be immediately d~e and p~yablo •nd shall bear ir,terest from tfie date thereof until paid at the rate of nine per ce~tum per annum and together with auch i~teresl ~hall be secured by tM lien of this mortgage. To permit, commit ot fuffer no wast~, impairment or dafarioration of said property w eny part flureof. 5. To Fay atl end singular tM cost~, cfiarpes and expenas, includinp • r~asonable attornev's fee and tostt of sbstracts of title, inturred or paid at sny time by wid MORTGAGEE, bacavse or in the event of the failure on tha part of the s~id MORTGAGOR to duly, prnmptly and fully partam, d~scharge. sxecute, effett, compltte, comply with and ab~de by each and avery the stipulstio~s, aqreements, condit~ons, artd covenanta of said promissory note and th~• mortgage any o~ eithe~, and said tosts, cfiarges and expenses, each and every, shsl) be immediately d:~e and payable; whether or not there be r~otice da m~nd, attempt to'collaci~r avit pendingp and the full amo~nt of each and ~very euch psyment shail ~ear interest from the date thereof until paid et the rare of nine per centum per snnum; and all ~aid costs, charfles snd ezpenses inturred ar paid, together w~th such interosL shall ba secured by ths lien of thii mortyage. 6. That (a) in the event of sny breach of this Mortgage or dffault on the paA of the MORTGACiOR, or (b) in the event any of ie~d sumt of money herein referred ro be no! promptly and fu~ly paid within thirfy (30) deys next efter the same severally become due and payable, wiihout dem~nd or notice, or (c) in rhe event eech and evtry the atipu~ations, agreamentf, condition~ end covenints of sa~d promi:wry note and th~s mortgaye any or either ara not 3uly, promprly and fully performed, d~xharged, executed, effected, completed, complied w+th ~nd abided by, then in either or any such ev~m fh~ said +q- gregate sum mentioned in aaid promissary note then remaininq unpaid, with ipterest atcrued, and all moneys aecured hereby, shall become d~s and pay able forthwith, or thereafter, at the option of said MORTGAGEE, as fully aruJ completely as ii all of the said suma of money wcre ariflinelly ~tipulattd ta be pr+~d on such day, enything in said p~omissory note or in this Mortgage to the co~trary notwithat,;nding; ar.d thereupon or thereafter at the option of said MORTGAGEE, without notica or demand, auit at law or in equity, therefore or thereafter begun, may be prosecuted as if all money secUred hereby hed matured prior ~o it~ institution. 7. That in the event that et the beginning of or at any timE pending ary ~uit upon this Mortgage, or to foreclosa it, or to reform it, or to enfort0 payment af any claimf herrur.der, aaid MORTGAGEE ahall apply to tht Caurt having jurisdiction thereof for the ap~o~ntment of e 12eceivei, such Ca~~rt shali Forthwirh appoint a rece~ver of sa;d mortgaged property all and singular, includ+ng aIl and singular the income, profifa, issues cnd revenve~ from whatever :c+urce derived, each dnd every of which, it be;ng expressly understood, is hsreby mortgaged as if :pecifically set farth and described in the yranting and habendum clauses hereof, and such Receiver shall have ell the broad and effective funct~cns and powers in anywise entru:ted by ~ Court to a Reteiver, and s~•ch appointment shall~ be made by such Court as an admitted equity and a matter of absolute right to taid MORTGAGEE, snd without reference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of ieid MORTGAGOR or the defendants, and that such rents, pro#ita, income, issuas and revenues shall be applied by such Receiver according to the lien or cq~iry .~f said MORTGAGEE and ?he practice of such Court. 8, To duly, promptly and tully pe.form, discharge, execute, effect, compl~te, compty with and ebide by eech and every the ttipulations, agreements, conditions and covenants in said promissory note and this mortgage tet forlh. 9. That in !he event the ownership of the mortgaged pre~nises, or any part thereof, becomes vested in a E,erson other than the MORTGAGOR, the MORTGAvEE, irs succeisors and assignt, may, without notice to the MORTGAOR, deal with such successor or tuccessor in interest with refere.nce to thi~ mortgage and ~he debt hereby secured in the same manner as with Mortgagor without in eny way vitiating or d~scherging the Mortgagors' liability herr under or upon the debt hereby secured. No sale of the premise~ hereby mortgaged snd no lorbearante on the part of the MORTGAGE~ or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or aasigna, shal~ operate tu release, d~scharge, modify change or affect the original liability of the MORTGAGOR he~ein, either in whole or in prrt. 10. It is spetifitally agreed that time ia of ihe essencr of this contrott and that no waiver of any ob!igation hereunder or of the obligation st c~red hereby shall at any tima thereafter be hefd to be n waiver cf the terms hereof or of the instrument secured herby. 11. In addltion to the forego'ng monthly payments nT princ'pal and interest required by the ptomissory no!e secured hereby, mortgagor tovenants and agrces to pay ro mortgagee with each momhly paymem an add~rional sum estimated by mortgagee to be equal to lj 12 of the annuel cost of the follow- ing: A-All real property taxes levied or assessed against rhe above ~lesc~i5ed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements sit~ate on the above described premisea. C-Premium's on such mortgage guarar.ty insurance as mortgagee shall from ~ime to time deem fit to tarry on the loan secured hereby. Mo~tgayee shail from time !o !ime notify morigagor in wiiting of the amount due and payabte hereunder and such sum shall thereupon be due and payable en the due date of the nexf month!y payment and each auccessive month thereatter until mertgagee shal~ no'ify mortgagor of a thange in such amo~nt. Such sums sFa!I be applied by ~nortgagee tcward the payment of rea! properry taxes, insuranc~ prem:ums, and mortgage guar~nty ~nwrence ' p~emiums. ~ ~O . IN WITP~ESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year rst aforesaid. , . Signed, 5ealed d ~ivered in thc presence of: ?g uth At1 11t ~C nPe IlO ,,~~fatiori~~...~; ~ - ag Sevent~-Day ~dven~~st~i~~r•• ' ~ . .~u~~~ gy;: - , ~ nt '_--u ` A t te a t: ~ e s~dR~ Tra a. , . ` STATE OF F-'~6R~HA ~~~4-~--~--' CC?UNTY OF SAINT LUCIE ~ ; . _ - ' . . ; • ' , I HEREBY CERTI~'~'1'. That on tht, day oj Augus t A. D. 14_ , ~fo,,~ ~~,~~y W. S. Banfield ~ F. L. Jone~ ~o1iLri°BA'tl~Tit#d "G~32'i~~L~" Secretary ~1`x'ega. Of ~,t' S~y~nth-Day ~si~9ntia ta . Inc . a aeorai a ~~n, ~ ~nou~n to 6e the penons described tn and wFw execxitec~ the f oregoing in~tncmenf, ar?d aevemlly acknowledgad tlee ~xe- ~ cution thereof to be thetr {ree act and deec~ aa auch of f fcers f or tlis usea and purpoaas therefn mentio~y ar~ t~at t~tay a f(ixed thereto tlae of f ictal real o f said oor~oraHon, and t~a aafd fnstru~ nt ds tF+e act m~d d~4i~ o f'iatd ~ W1TtVESS my hand and of ffctat ieal at ~ f ~ safc~ cour~ty ~ atate. 7~~~~. ~J-- - . ~ ~ ~I l~Er~ AN D R E C 0 RD E 0 ata~y' F~u6Gc, fn S:ate ~ Cow?'t~~ afor~a~.• ~ N, l lfti Mj~ Co dfW1 ~~TB1: n'a~'~ • vEai S: t!~ at lar~ . ~i77 ~ooK ~ 7 ~~~~~~~~~~;~b~~~ • , ~ ~ ~ ' - . ~ 7~l ~ O~it.~/~trlO~(ILLVNY~it . • . ~ ~ • - - ~ • • -'~_'$S T~0 ~ 9 ~4 2 ! ~4. ~ . . . - . q ~ , l_+ i~. ~J ~ , ~ ' -:RdGER r~G~ r~tAS. CLERK ~ ' " ~ . ST. L,UCIE COUNTY, . FI~ORIDA p A . „ i~~r . ~ . ~ ^ ~h~I~ , , ~ . . , B~G~( - - - ~ ~r'.1"'dP