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Home My WebLink About0262 ~ 7. To pl~w ~nti aonrinuously kNp on tM b~ildi~q~ now or Mre~ftK ?hu~» o~ said fand u~d en all pu{p+n~n1 and p~n~allr cov~r~d by this ma~ p4 witl~ dl phmiumt tA~rso~ p~id in full, fin I~wrar.ce ~n rh,~ uw~l t?~r+dsrd pollcy fonn, fe+ •~wn approv~d by tM MORTGAGEE, N+d windstorm M~w~nce In H+~ wwl sandard poliry tonn, In ~ ~wn app.ov~d by TM MORTGAGEE. f~ sucA company o? oanpanies a the MORTCaAGEE may dk~ctt ~nd ~11 fin w~d windrtorm 'wqwanra policies c~r ae~y of s~id buiidingr any inMrwt the~dn o~ parf tMrwf, in tM aqyrp~tw wm afperakl a In ~ca~a tMrrof, sAali contain tM vwal ~tandard ma+paqw clause a wch otF»r cla~se a~ M+~ MortyagN may nquiti, maAinp tM los~ v~der ~aid po1E dM, sscl~ ar+d ewry. p~y+bl~ to f~id MORTGAGEE as its inrorost may app~ar, ~nd e+ch se~d ~very ~uch poli<y ~ha11 be p?omptly as:qrnd snd d~Uwrrd ro , any h~W by said MOATGAGfE a fw~hN wcu?ity to arid mortqapo debt, ~+~d, not I~ss 1Mn »n (10) days in advance of tM expintion of e~ch policy, to dr ~ivw to ~a1d Mt:1RTGAGEE • r~wal tM?~wf, topNMr with a roa?ipt fw tlre p~~r++ium of ~uch rernwal; i~d tMt~ ~hail M no fir~ or winds~orm inwr~nc~ plapd p1 N~y of sald buildinp~, ~ny int~nst tF+K~in or parl tMreof, unless in th~ form snd with ths Iws payabl~ tt afor~s~id; ~nd in the went any tum eF ina~y b~taiwt p~yabl~ undK wch palicy or policias said MORTGAGEE fhall Mw the option ro receivo ~nd ~pply tM s~ms o~ sccount of the indebted- MN Ntyr~d h~reby or ~o p~rmit fak! 1NORTGAGORS to rettivie and uw It a any part ihereaf tor other purpose:, without thereb~ weiving or impair• Mp ~ny puity. li~n cr ripM ~wtd~t or by virtw of this nwrt9ape; ~nd in 1M ~vant aid MORTGAGORS shelt for any nawn fail to k~ep th~ said pr~mises so insund, w fail b d~liv~ p?omptly any of s~id poliein of inwrano~ to seid MORTGAGEE, or fail promptly to pay fully ~ny pr~mium therefor oe in ~ny ~wpKt f~il b pKfam, diuhrrp+, ~x~cvte, ~ff~ct, compl~h, comply with aod ~bid~ by this cov~nant, « aey put herwf, iaid MORTGAGEE mey pl~at and psy for weh in~wanor or anr part th~r~of witfiout wahrinp o? ~ffectinq any optioee, IfM, p~ity, or ripM unda a by virtw of th7i Morty~ye, and tM 1u11 rwouM of rath and ew~y such paym~nt shall bs imm~diahly dw and p~yablt ~nd shsll bea intarest from tM dat~ tharsof ~ntil peid at the rate o! nina pK antum pN anrwm and togetlxr with such intere?t shall be secured by tha lien of this mort9~pe. I. To permit, tommit or ~uffK no wast~, imp~irm~nt or det~rioratio~ of uid propaty w~ny pari the~wf. 5. To pay ~11 and sir?pular tM cosh, charqas ~nd expenses, inclvdinq a nasonable sttorney'~ fee snd costs of abetracn of tiNe, incuned or p~id et ~ny tinK bp wid NlGRTGAGEQ bsuvse a in iM ~wnt of the failure on the part of the tsid MORTGAGOR to d~ly, promptly and fvlly perfqrm, diichsrqs. ~xecu», ~ffett, wmplN~, tomply with and abide by ~ach ~nd evary the ~tipul~tiorn, aqreements, conditions, and cown~nts of said promissory note and thi~ morf~ap~ any or ~ith~r, and ~aid cost~, cMrqa and expenses, exh snd ~wry, sMlt immed~a~ely due and payebla; whethsr or not there b~ norice da mand, rtMmpt to rnllett or wit pending; and the full emount of eath and t~ery suth paymertt shall bea~ intsrtit from tha date thereof u~til paid af the r~h of nlrv~ per etr?tum par innum; and •It said cosri, charges and expensea inc~rr~d w paid, tagether with suth tntwKt, ~Ihall b~ teturad by th~ 1'arrr of thi~ ~ 6. TMt 1~ th~ ~wnt of any br~ach of thls Mortgage or default on tha part of the MORTGAGOR, or (b) in tM evsnt •ny of said sumt of money Mrrin hfwnd to be not promptly and fully psid within thirty (30) days ~ex1 after the same severally betome due and payable, without demand o~ notita, Or (C~ In tM wtni ~ish and every tM stipulationt, agreernsnts, conditions and covenants of ssid promissory note and rhis mortgeqe sny or either •ra not lu~y, promptly u~d fully performed, d~uharged, executed, effeded, cumpleted, complied with a~d abided by, thsn in either w any such ew~t th~ uid a~ prpst~ wm m~ntion~d in uid promiuory note then remaininq unpaid, with interest accrued, end all rrmneys secvred. hereby, ~hall lxcome dus and p~y- 1b1~ forthwith, or ther~after, at tM option of said MORTGAGEE, ai fully and tompletely a~ if all of the said sum~ of money were oriflinatly s:ipulated fo b~ p~k) or+ ~~xh day, a~ythinq in iaid promissory note ar in this Mortgage to the contrary notwith~t~ndinfl; and thereupon or theresfter ~t the option nf Hid MORTGAGfE, without notice or demand, suit at law w in eq~ity, therefwe or thereafter beg~n, may b~ prwecw~d as if •II moneys s~cured hereby MtJ maturod priw fo ity fmtitutian. 7. Th~t in the ev~nt that at tM beginning of or at sny time pending a~y suit upon thi• Mortgage, or to faeclose It, or to reform It, or to anfort~ payment af sny claims F+erevnder, said MORtGAGEE ihall apply to the Court having juriad~aion theraof for the appointment of a Rtceiver, such Court shall forthwith appoint a r~ceiver of sai~ mortqaged property all and ~ingulsr, includ~ng all and singular fhe income, profits, i~sue~ and revenues from whetever wurt~ deriwd, Nch and ~wry o# which, it beiny txpressly understood, is hereby mortgaged as if speuficalty set forth end deuribed in the yrantinQ and h+bend~m tlaufet he~eof, and K:th Receiver shall have all the broad and effective funct~ons and powers in anywise.entrusted by ~ Gourt ip a Reteiver, and ~uch appolntment shsll be made by such Court as an admitted equity and a matter of abxolute right to uid M.ORTGAGEE, and without rsference to the sd~quscy or in~d~quaty of the v~lve of ths property mortgaged or to the aol~ency or insolvency of said MORTGAGOR or the defendants, and that such rent~, profiri, intome, iaves and revenuea shall be applied by such Receiver according to the lien or equity of uid MORTGAGEE •nd the practico of such Court. 8. 7o duly, promptly ~nd fvlly p~rfam, discharge, execute, effett, complete, comply with and abide by each end every the stipulations, ayr~ertunt~, tonditions and covenants in ~aid promfuory note and tfiis mortgage :et forth. ' 9. That in the avsnt the ownerskip of ths mortgaged premises, or any part thereof, betomes vtst~d in a perwn other tfian the MflRTGAGOR, the MORTGAGEE, iri wccesson •nd aisiflni, msy, without notice to the MOR?GAOR, deal with such fucceuor or wtcsswr in interest with ?efer~nce to thi• mortqp~ +nd the debt hereby securad in th~ same manner as with Mortgagor without in eny way vitietiny or diuha~ging the Mortfla~ori li~bility hertr under a upon the debt hereby secured. No ~ale of the premiaea liereby mo~tgaged and no forbearonce on the pa~t of the MORTGAGEE or it~ successors or ~~tignt snd rro exte~sion of the time for the payment of the debt hereby ~ecured given by the MORTGAGEE or its ~uccessora or aasigns, ~hall opereta lo nleaas, diuharpe, modify chsnge or affcct the original liability of the MORTGAGOR herein, either in whole or in part. 10. It ii spetifically eQreed that time it of ihe essence of thie tontratt and that no waiver of any ob~igation hereunder or o4 the obligation ar cured hereby ahall at any time theresfter be he!d to be a waiver of the terms hereof o- of the i~strument secured harby. 11. In add~tion to the fotego:ng monthly payments of princ'pal end interest required by ihe promissory no!e aecured hereby, mortflagor covenrnt• end agreea to pay to mortgagee with each monthly payrnent an additio~al aum estimated by mortgagee to be equal to 1 f 12 of the annuel cost of the follow- iny: A-All real property taxes levied or assessed against the above described real catate. B-Premiuma on fire and wi~dstorm insurar.ce as herein requ~rec! to be carried on the improvtmeoti &it~ate on the ebove described premiies. C-Premiumt on such mortgage guaranty inturance as mortgagee ahall from tlme to tirne deem fit to urry on the loan setured hereby. Mortgagee shail from time to time notify mortgago: in writing af the amount due and payable hereunder and such sum shall thereupon be due and pay~ble an the due date of the next monthly paym~nt and each successive month thereafter until mortgagee ihal) notify mortgegor of a change in euch amount. Such sums ehall be applied 6y mortgagae toward the paymert ~f roal property taxes, ineurance premSum~, and mortgage guaronty insuranca pramiums. IN WITNE55 WNEREOf, the aeid MORTGAGOR has hereunto aet his hand and seal the dey and year first eforesaid. i ned, S Isd • d d ivered in th~ pre:e»ce of: , , a l - r5aal) W SL jl1. 2'OWt198T~d _ (S.sl) s.r0.~ ~ U~[dG~lsa~(Sesl) usan P. To~rn~end ~~,q STATE OF ~LORiDA ~ Saint Lucie COUNTY OF Before me parsonalfy appeared _ W e 9 18 W~ T O Wt] 8 8 Tl C~ end S'11gAT1 P_ Tar~msend hi• wife, to me well known and known to me to bs the individ~als describad in •nd who exxuted the foreqoing instrument, and acknowledged before me that they executed the same for the purposes thsrein sxpre~ssd. And ths sai~ S 11~ 8II_ P. Qi~l' @ I] _ _ wtfo of the said WA91Q~ ~p~I13~Y1C1 ~ upon a separate and privete ax~mination by me taken ~eparate and apart from her said hu~band, acknowledged to and before me that she executed sa~d instrument freely and volun- tariiy utd withouf •ny tompulsion, co~straint, apprehertsion, or fear of or from her said h~sband. WITNESS my hand and offitial seal thi~ ~ 2^~ day oi t+e b er q, p, ~q 65_ ~ , - Npta Public in end for the St~t~ of Fbrida, ,~t l~ry~ My mission expires: ~r~, Return 70: Fint f A~ ~ ` , ' edef~) Ssvingt ~ Loan Asso[iation Of Forr Pierce. F~ • R~ A Fort Pieru Florida *J ~jw• ~C ~~QK NOTARYP86i.?~:~°~~j~R._~ ~969 , 1 MY COMMISStI~p ~ ~ . _ f,.r - : t", r' ~ ~ • . - rpp PM 2 . ~ g , , . ' ~ • , . " t ~ ~ t'~1 • ' • 1 i-+, r - •'i` ~ i ~ ~jt )+-i ~ ~ e'/~~~ ~ ~ ~:R i R."..S. CLERK ~`Y ~ ` ~fl~7. ~+~iE ~OUNTY~ ~ ~ ' ~ F~A~l~OA , ; ~'.,i .:i r ~~~~~GQ~,~`~~, , 1 ' ~ ~~,d ~ -