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Home My WebLink About0076 And sa+d Mortgegors. ior themselves and ~heir heirs, legal rep~esrntenves, a xeaon ~nd es~igns, hercby jainlly and sev~raily wvanartt •nd ~9r~e ~o and w~rh the +a~d MORiGAGEE. ~ucce~so~s and ess~gns: • l. To pay all and singular the principal and interesr and the verious and wndry iums o1 money peyable by virtua of said promi~fary note, ~~d thi~ morigage, rach and cvery, p~empily on the days rcspetlively the same severslly becOm~ due. 2. To pay ail and ~~r.gular the ta,ces, asaeumentr, lev~es, liabilir.e~, obligations and encumbrancst of evnry naWro •nd kind now on f~~d de~cribed properey, or iha~ hereafrer may be impoted, wffered, piated, levied, or •sseised thereon, a that hereaher may be levied or aas~~sed upon this lVWrtq- aga, o~ the indab~ednes~ secured hereby, each and every, when d~e and payable, eccordinq to law, before they become delinqueM, and baforo •ny int~r~tt attaches or any penal~y ~s inc~rred; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME SMAII BE PROMPTLY SAi15F1E0 AND DISCNARGED OF R~CORD AND iNE ORIGtvAI dFfICIAI DOCUMENT ~SUCH A5. FOR INSTANCE, 1HE TAX RECEIPT OR THE SATiSFACTiON PAPER QFFICIALLY ENDORSED CR CERTIFIEDI SHAII BE PLACEU IN IHE HAPJDS CF SA10 MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in the event that ~ny thereof if not pald, aa?:sfied and d~scharged sa d MORiGAGEE n,ay at any time pay the seme oi any part thereof without waiving or affecting any option, lien, equity or ~~qh~ under or by v~rr~e of th~s morrga9e nnd ~he full amount of each and every wch payment sfiell be immediately dut and payeble end ahsll bear interest irom ~he da+e ihereot unr!! pa:d ar rare of eight per cent~m per annum and toge~her w~th wch inte~est shall br sewred by the lien of th'• morgtage. 3. to pl~c~ ~nd continuou~iy keep on the buildinys now or her~after ~ituat~ on ~~id i~nd and on ~il equipm~nt ~nd psnonaliy rnv~r~d by thi~ mwtp- p~, with rll pnmium~ thsnon paid in full, fire in~ur~nce in the usual stsrdard policy form, in • wm approved by tM MflRiGAGEE, •nd windstorm ini~r~nc* In tM uwal ~tanda~d policy form, in s~um ~pprovsd by th~ MORTGAGEE, in fuch comp~ny or compani~t at th~ AIORTGAGEE may dir~N; •nd •II firs and windsto~m inaurence policief on any oi said build,nqa, ~ny interest iherein rn part thereof, in the ~yyrey~t~ wm aforeuid or in sxt~a thereof, •h~ll contain tha usual ~t~ndard mortgegee clause or wch other tl~u~e as the Monp~qes may nquirs, mekin0 tha loa under ~~id polr ci~~, e~th ~r+d'svary, peyebla to ~aid MORTGAGEE e• its intare~t mey appe~r, and each and every •uch policy shal~ be promptly •s~.q~ed end detivered to ~ny held by said MORTGAGEE ai further security to wid mor~qsye debt, and, not lau thsn ten (10) days in advance of th~ •xpiration of each polity, to da liver to ~eid MORTGAGEE a renewal rhereof, together w~th a receipt for the premium of •uch renewal; ~nd the;e thalt be no fire or windsto~m inturance plsced on eny of •eid buildings, any interest therein or part thereof, unless in the form •nd w~th the lost peyable st sforetaid; end in the event any ~um of money becomr~ payab~e under •uch poli:y o~ pollcies said MOR7Gi~GEE shall have the option to receive end apply the same on accouni of the indebted- nefi tecured hereby or to permit ~aid MORTGAGORS to receive and use it or any pa~t tha~eof for other purposes, without thereby waiving or impair- Iny sny squ~ty, litn or right under or by virtun ~f this mortgege; and in the event ~aid MORTGAGORS shall for eny reaion fail to keep the •eid premlae: so in~ured, or fail to deliver promptly any of said pol~cies of inturence to ~aid MORTGAGEE, or fail promptly to pay fully any premium therefor or in eny respect fail ro perform, discherge, exec~te, effect, compfete, compiy with and abide by th~s covenant, rr .ny part hareof, said MORTGAGEE mey plecr and pay for ~uch Infurente or +ny parl thereof without waiving or affecting any option, lien, equity, or rigM under or by virtue of this Mortgage, and the fvll amount of sach and every iuch payment ~hall be immedietely due and payable end thall beer intere~t from the date thereof until pa~d et ti~a rete ol nine per centvm per annum end together with such interest shall be secured by the lien of this mortgege. 4. To permit, commit or suffer no waste, impaiiment or deteriorotion of said propcrty or any part thereof. 5. To p~y all and singular the costs, cherges and expenses, including m reasonable attorney's fee and coats of abstrscts of title, incurred o+ peid et •ny time by taid MJRTGAGEE, beca~se or in the ~vent of the fail~re on the ~art of the taid MORTGAGOR to du~y, promptly snd fu~ly perform, diachar9e, •x~cute, effect, complrte, comply w~th and ab~de 6y each end every the stipulation~, agreements, conditions, snd covenents of ~aid promissory note and this mortg~pe any or either, end said cosrs, tharges end expen~es, each end every, •hell be immedietely due end payable; whether or not fhere be notite da mand, attempt to collect or suit pending; end ihe full amount of each and every •uch payment shatl bear intere» from the dete ihereof until peid at the rete o` nine per cent~m per ennum; and a~l said costs, cfiar~es and expenses incvrred or paid, together with ~~ch interast, thell be ~ecured by the lien of thi~ morrpsye. 6. Thet (a) in the event of any breach of this Mortgege or default on the part of the MORTGAGOR, or (b) in the event any of ssid ~umf of money herefn referred to br not promptly and fully paid within th~rty (30) day: next after thn tame severally become due and payeble, wirhout demsnd or notice, ot (c) in th~ event eech end every !he stipulations, agreement~, conditiont and covenants of ~e~d promissory note and th~s mortgage sny or either are not ~uly, promptly and fully performed, d~scharyed, executed, effected, completed, complied wiih end abided by, then in either or any tuth event the fsid ~g~ pre9ete sum mentioned in •eid promistory note then remaining unpaid, with interest accrued, •nd all moneys ~ecured hereby, shell betoma due and pay- +61• forthwith, or thereafter, at the option of eaid MdRTGAGEE, ea fully and complets~y •t if all of the raid aum~ of money were onginally ~tipuleted to be peid on s~ch day, anythin~ in sa~d promissory ncte or in thii Mortgege to the contrary notwithstanding; end thereupon or thereafter et the option of teid MORTGAGEE, witho~t notrce or demand, wit et lew or in equity, therefore or thereaher begun, mey be prosec~tad ss if all monay secured hereby had metured pnor to itt in:titution 7. Thet in the event that et the beginning of or at any time pending any ruit upon this Mortgege, or to foreclose it, or to reform it, or to enforcs p~yment of eny claim• hereunder, ~aid MORTGAGEE ahall app~y to the Lourt havin9 jurisdiction thereof for the appoi~tment of e Receiver, auch Covrt sh~ll for!hwith appoint a rcceivsr af seid mortgeged property el) and eingu!ar, intlud~ng all end singuler the income, profits, ifiues end revenues from whatever wurco derived, recH .nd every of wh~;h; br.;na cxpr~.+ty undenrood, is hereby mort9aged as if ipec~ficelly set forth end detcribed in th~ grentin9 e~d habendum clavse~ hereof, and iuch Receive~ shell heve ell the broed end effective functiom end powers in anywise entrusred by • Court to e Raceivtr, •nd ~uch appointment shall be mede by such Court as an admitted eqvity end a mattor of •bsofute right to said MORTGAGEE, snd without referenc~ to the adequacy or inadequacy of the vel~e of the property mortgaged or fo the so;vency or insolventy of ~eid MORTt:AGOR or the defendants, end that wch rent~, profits, income, iuves and revenue~ ~hall be applied by such Roceiver •cco~dmp to ths lirn ~r equity of aeid MORTGAGEE and the pracSice Of tuch Court. 8. Tu duly, promptly and fully perform, discherge, execute, effect, cor„plete, comply with snd abide by each end every tho ~tipulationf, syreements, conditiont end ccvenanta in said promissory note and thi; mortga~a aet ~orth. 9. That in the event the ~wnernF~ip of the mortgaped premites, or any part thertrof, becomet vetted in e person other than the MORTGAGOR, tM MORTGAGEE, it~ wccessora and essigns, mey, without notice to rhe MORTGAOR, deal with such succei~or or wccessor in interest wirh reference to thit mort9e~e end tha debt hereby secured in the seme manner at with Mortgs9or without in any way vitiating or ~d~scharging the Mortgsgors' liability herr under or upon the debt hercby secured. No sale of the premise~ hereby mo;tQeged and no forbearance on ihe part of the MORTGAGEE or its weces~or• or atiiqn• •nd no extension of the time for thc peyment of Phe debt !~rreby ~ecured given by the MORTGAGEE or ita succesion or assigns, shall opsrete !o nf~~e, disc}»r~e, modify chen~e or •ffect the orfginal liebility o4 the MORTGAGOR herein, either in whofe or In pert. 10. It i~ specificaliy egreed that time i~ of the esierca of this contract and thet no waiver of any obligation hereunder or of tho obligetion ce• cursd Mrtby ~hall st ~ny time thereafter be haid to be a weiver of the ttrm~ hereof or of the insrrument sec~red herhy. 11. In addition to the foregoing monthly payments of prir.t pal and interest required oy the prom~ssory nate aecured hereby, mortgagor tovenantt •nd sqrees to pay to mortgagoe with each month~y payment en addition~l ~um ettimated by morty,.gee to be equal to 1/12 of thc annual cost of the fol:ow- irty: A-All real prcperty taxei levied ur assessed against the ab4ve described reel eatate. B--Premiuma on fire end windstorm insurance at herein required to be carried on tfie ~mprovements situate on the above dascribed premises. C-Premiums on such mortgage gua~anty insurance e• mortgagee thall from time to time deem fit to carry on the loan secured hereby. Mortgegee •hall from t~me to time notify mortgagor in writing of the amount due end payabfe hereunder and such sum shal! thereupon 6e due •nd pay~ble o~ the dve date of the next rnanthiy payment and each tuccessive month thereefter until mortgegee shall notify mortgsgor of a chanqe in ~uch smount. Such •ums ~nall be applied by mortgeges towerd the payment of real properry taxes, insurence pr~rti~umf, end mortgage gvaranty int~renca piemium~. IN WITNESS WHEREOF, ths eaid MORTGAGOR has hereunto sat his hend and seaf the day and year first afore~aid. $igntr~, Se~led •nd delivered In the preunca of: i r'~-~~.:t#t.~isi ~~~~~tJ-~"`^~:\ ~ an ~ _ _ ~,~Seal) ~'C`~~c~c!~ (Seel) Marvland - ; ) : . . , • , „ STATE OF F~~ ' • • .i ~ ~ COIJNTY OF - , . ~ bskx~ m~ p+enonelly •ppeered ~ ....~T C G.1'T~ ~L: ~:Dll V a, Z 1 ~;rsd i, i ' - ~-~1 ~~L~lVc~~.~ his wife, tc+ m~ wali known and krtown to rM to b~ tfi~ Individuili d~suibed !n snd who •xecutod tho fordyoinq~ 1~kAf,r v~d acknowledp~d befove m~ that tlpy txec~t~d the s~rto~ fw thi pvrppsa. tMr~ln ~xpre~sad. And 4hs aa;d M3.I'X,. B Dt? V~~ y , wif~ of ths aid - C a.1 V~ I' ~l1 V~~ ; ti.'. upon e~epsr~e~• ~ti~ prirst~ •xaminafion by ms tsken uperete ~nd eperi frcm her ssid husband, ~tkrwwledQsd to .nd ~~a.'m. tbas fhs exetxlted said fnetrum~nt ftpoly y+id volurr hrily ~nd without •ny compulfion, constraint, eppreheni~on, ~feer of or from hst teid hwk~d ~ WiTNE55 my hand snd officiel ~oel thi+ day of ~~'-r " , A. D. 14_fit~~ Ndtary ¢obllt f~ and foi . ~t~ of ~~fll~~ • /Ny C~rpfr~i~slar ~xpitqi Return To: ~ ( p'-~, ~yr~. -..--~-r'/ ~ ~ 9~~ Citi:an~ foderal Savinga 6 toars Associrfion ~ ? . i %i.rsl. /4- ~r.S of St. luci9 Counry v' Ft. Pierce, Flarida ; ~ .K / i ~