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Home My WebLink About0348 . ~ To plaa •nd oo~~i~wro„~Ir k..p on f1n bui?dir,p~ now o~ Mre~(ter wtu~t~ a+ s~id land atid on ~II aquipmMt ~nd p~rson+tly core~ed by this mort~ p~, wilh ~1) pnmiwns tMnon paid in full, fir~ insurrnc~ in tM uswl stendard ~ polky fon++. in • sum ~owd by tiw MORiGAGEE, and wind~ram in~ww~u M tM wwl ~and~rd pol~cy fo?n4 in s sum ~pprov~d by tM MARTG/?GEE, in ~ud~ cnr++psnY or ea^W^I~s +s Mn MORTWI(3EE m~y elihttY ~nd ~11 fMs inal rrie~tarm insw~ policies on any of uid buiklirKp, any int~nst tFw+~{n ar p~rt th~rwf, i~ tM ppnqatt wn? afwNaid or in sxCNC th~nof, shall aontdn tia uw~l sand~rd mo.tqeg~s cl~uN or s~ch orher NavN ~s tM Morty~ n+~y rpuin, maklny tl» losi undK uid poti~ ~ip. ~ach ~nd ~vKy, p~Y~bl~ tp Nid MOitTCsI~GEE a iri interest mey ~ppNr, and each and ewry suth poliry thsl) be promptly ps:yn~d aM3 d~livw~d ~o ,~nr hNd by said MORTGAGfE a funh~r ~cwity to s+1d mortp+p~ d~bt, and not I~ss th~n t~n (10) d~yi in edvanc~ of the ezpiration of e+ch polity, to dr IIvN W Nid MCiRTGAGEE • rw?ew+l 1Mrrof. 1oy~thK with a rac~ipt fo? tM pr~mium of suth r~n~w~l; ar?d thr?~ ih+ll b~ no f~rt or windstam insur~nta plapd on ~y of qld buildieps, e~y int~r~at fhx~in or pan th~~eof, unles~ in tM form ~nd with the loss payabl~ at •fortsaid; snd in tM ev~nt +~Y su~n pf mprNy b~to~ payabl~ undK wch policy or polici~s wid MORTGAGEE shall Mw tM option to reteive and apply tfis fame on account of tM ind~bled- r~ ~atutid hM~by ar a p~rmit aaid JNORTGAGORS to rateiw snd u~ M a sny part thereo4 for other pv?po~es, wi~hout thereby waiving w imp+~M1 Yp ~ny wq~ity, li~n or riphl w~d~~ or by virtw of this mort~s~ej and in tht ~vant aid MORTGAGORS tl~sl) fw sny raason fail to keep the ia~d p?emise~ ~o tnwnd, a f~fl b delivK pra~ystly aay of said policiss of ir?~uranca to said MORTGAGEE, or f~it promptly to pay fully any premium therstcx or in any n~p~et tsil ~o ps?form, diacM.p~, ~x~cu», ~ffect, compl~te, ~mply with u+d ~bid~ br thu cor~nt, a i~y p~rt Mrwf, :aid MORTGAGEE may pl~ce and p~Y tor weh imunne~ or any pirt tMreoi withaui w~lvinp ar aff~rtinp any option, Ii~eL puity, o? ripht und~r a by virtw of this Mwtyap~. ~nd ths _ fuq rnow+t of wch er~d ~v~ry wcM+ paym~nt ~iull 6~ imnwdiat~ly du~ and p~Yable and sF»II Ixu i~t~r~t from tM dat~ theraof uotil paid at eM+~ r~a o1 nira p~r ant~m pa amwm and toqather with tiurch intersst ahsll bt aecursd by tM li~n of this mia~t~ag~. 4. To pKmlt, cemmif or wffK no waste, imp+irme~t a det~rioratior~ of.s~'~d propKty or any p~?t thtr~of. S. To p~y ~II ~nd sirqular tM ca~ts, d~arqes +nd expsnses, includinq a reaaonabla ~ttorneY'i fee a~ cosn of ab~traets nf title, incvrr+d or paid a~ •ny timf by saitl MORTGAGEE, buuse w in th~ event of the failure on tfie part of the said MORTGAGOR ro duly, promptly srn~ (vlly perfam, dis~cha~. ~x~cut~. ~ff~N. complet~, tomply with ~nd ~bide by ~~ch and wN'1r the stipulatioru, a~reemanta, tonditiona, and cown~nn oi said promissory note and thi~ mortpapa ~ny w ~itfie?, ~nd said twts, dearqe~ ~nd expo~ses, axh snd ewry, rh~!1 be immediately due snd pay~ble; whethsr or not there bs r,otiu dr m~nd, ~ffrmpt to coll~tt or ~uit p~ndirpJ and tfie full amount of each and every suth payment shall bear intarest from tM date tFwreof until paid a1 fht nt~ of e?In~ per ctntum per annurn; and all said co~ri, charges and expense~ incurrad or pald, together with tuch im+~eat, ~Mall b~ stcvred by tM lien of this 6. That (a) in tM ~vent of ~ny brsach of thia Mortgaqs w defeuit o~ ths part of tha MORTGAGOR, or (b) in the ~vent any of said surrq ot money M?dn rs4~rr~d to bs not promptly and fully paid within thirty (30) days next after the •ame severolly b~tome due and payable, without demand or notite, or In IM Mwnt each rnd swry ?he stipvteNons, agreeme~ta, candition• and tovenents of ss~d promissory nota snd tfii~ morfqrye any or sither are no~ ~uly, promptly ae~d fully performed, diicharged, execvted, sffected, completed, complied with and abided by, ti~en in eitM~ or ae+y ~uch ~vent tM uid p~ prp~t~ wm m~ntion~d in taid promiuory note then remaininp unpaid, with interest accrued, and all moneys setured hereby, thall betome dve and pay~ ~bl~ fathwith, or theresfta, at tM option of wid MORTGAGEE, at fully and completely ~s if all of the said sums of money were w~in~lly stipul~ted to b~ p~id on wch day, snythirvy in said promissory no~e or in this Mortgaye to tM tontrory notwithstandiny; and rhxeuporr or lheresfter at the opt~on of ufd MORTGAC3EE, without notite or demand, iuit at law or in eqvity, thersfore or thereafter beyun, may ~e pro+ecut~d ~a if •I! moneys tecured hereby had rtatund pria to its institutioa. 7. That i~ ths event that ~t tM beginniny of or at sny time pending any wit upon this Mortgage, or to foretlos~ it, or to roform it, o- to enfort~ paymee~t of any tleim~ hN'eunder, said MORTGAGEE ahsll epply to the Court having jurisdiction thereot for th~ appointment of a Receiver, such Gcwrt shall Forthwith appoint s receiver of sai~1 matqayad property sll and sinpular, includ~ng nll and singular the incom~, profits, iisuas snd revenues from what~vsr ~aura dere•.~ed, e~ch •nd every o~ whith, it beiny expressly undentood, is hereby mortgaged as if apecifically ut forth and destribed in thb pranting •nd habendum clauses hereof, and su~h Ret~iwr shall have ~II the broad and effettive fvnct~ons and powers in anywise entrusted by a Covrt tq + iteceivsr, •nd auch appointmant shall be rnede by such Coun as an sdmitted equity and a matter of sbsolute right to said MORTGAGEE, and withaut mferenc~ to the ~dpuuy or Insdeq~aty of the valua of the property mortgaged or to the solv~ncy or insolvency of •aid MORiGACaOR or the defendann, end that sucfi r~nt~, profits, intome, iiaues snd revenue~ shall be applied by such Receiver according fo the lien or equity of ~id M~RTGAGEE ae+d the prectics of tuch COUrt. 8. To duly, promptly and fully perform, diacharge, execute, effect, complete, comply with and abide by each end every tha ttipulationi, agrtaments, conditions and covenant~ in said promluwy note and th~• martgage set fwth. 9. Thit in the evenf the ownenhip of the mortgsged premises, or any part tlxreof, becomea vested in a perwn other than the MOR7GAGOR, the MORTGAGEE, iri iuctesaon end ataignt, may, without notice to the MORTGAOR, deel with euch suceauor or Wtcrswr in inte~est with rofer~nce to this mort9sye and the dsbt hereby tetured in the same man~er as with Mortgagor without in any way vitiatiny or diuharging the Mortflagori' liability herr under a upo~ the debt hereby secure:~. No sale of the premises hereby mortgaged and no forbearance on the pert of the MORTGAGEE or it~ tuttesson or auigns snd no extension of the time for the payment of the debi hereby secured qiven by the MORTGAGEE or its ~uccessors or assigni, sfiall oparats Po relsa~e, diuhsrye, modify chenge w affect the original liability of tht MORTGAGdR herrin, either in whole or in psrt. ` 10. It ls rpecifically agreed thet time is of the essence of this contract end thet no waiver of •ny obligetian heraunder or of the obli~ation sr c~rtd Mreby shall at any time thereafter be held to be a vvaiver of the terms hereof or of the instrument secured harby. 11. In addition to ihe foregoing monthly payments of princ'pa) and interest required by the promissory nc!e secured hereby, mortqagor covenants and +grs~t to pey to mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cosf of the follow- ing: A-All real property taxes levied or assessed against the above described reat estate. B-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the improvement~ situate on the above described premisrs. C--Premiums an such mortgage guaranty insuronce as mortgagee ahall from time to time deem fit to terry on the loan securad hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder end suth sum shall thereupon be due and payable on ihe due date ofi the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. 5uch sums shall be applied by rnortgagee toward the payment of real property taxes, ins~rance prem~ums, snd mortgage guarsnty ins~ronce premium~. IN WI7NESS W EREOf, t i said MORTGAGOR has hereunto set his hand and seal the dey and ye first at~xesaid. Signtd, Se~ls nd ed ' presenta of: ~ . Seel) (S~~I) ~ ~ ~Se~l) (5ea;) ATE Of FLCIRIDA couNrv oF Saint Lucie ~ Befara me penonally appeared ~A~~Z'C~ . C~.~Tl@ and fldrdth~ JRAV1 ~,'1 ~riA his wife, to me well known and kreown to me to be tfie lndivid~alt desvibed in and who ~xecvted the foregoing in:trument, and atknowledged betore me that they executed the same fot ./M_putpo~es r~e~~ ex~~d. a,d tn. ,~~d D4r o th~ Je an C]. i ne J~, wife of ths .~~d F1ayPord E. Cline ~~;'';~,~:C'.;~,~~,,a~a examination by me taken separate end apart from her said husbar.d, atknoviledged to end before me that ahe exetut e d ~ J~ i r~'W,+itll~rtt~ e~ i y! b i t d vo lur~- a „~i ~ ' Isrily ~nd without any comp~lsion, constraint, apprehensi~on, r fear of er frvm her said huahartd. 0 ~ ~ ' , WITNESS my hand end official ~eal this 2~ dey of_ h~ r r' r' ~',At D:• 1,~ ~ , ~ , a` ~ , r?;,! N ary Public in and for the Sta~d of~~oride~'rl; ~si~s . ~ . Y Commiasiat rxpires: ~ • ~ . C. _ Return To:i~ ~ ~,~:W ' Fint fs<leral Savir,g~ 3 4o~~i~~ - i??(~~ Of Fort P~ercrs. ~D~'p NOTARY PUB! IC, STATE of FLORIDA a~ ~URGE~ ' . ,~,F1ir~' ~ri~lce~, Norlda ' y~1~~,J~ ~O~K MY COMMISSIQN EXPIRE3 ~1PR. 24, 1969 .',.I";.~• • i ~`~~t ~R.ti~Y ~:~''.~v~; , . IN- ~ • ~ Y"• , ~ „ ~y . - - - . - , 5 ~Ep 2 ~t ~ ~ ; 3 . . _ _ 6 ~~Ei~t~ ~ . _ = • GEa ~,qs~R~~~~y~Y. ~ ~ R~ST. L~~~ ~ D . '~;•~',~?ti? . ~`O , ~ , r-., ~ R 1~7 _ gOCK _ - ;