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Home My WebLink About0874 And eeid M,ortgegors, fo~ them~elves and ~heir hein, leg~l repraseMativa~, succ~~iors and ss~iqns, h~reby jointly ~nd Nv~rrally tovenant ~r~d p~r+r to •nd with the sa~d NIORTGAGEE, ih successon snd assigns: 1. To pay ell and sing~lar the principal and inrereit and the various and •~ndry •umt of rtwrroy payabl• by virtue of ~aid promissory not~, and this mort9age, each end every, pr,mptly on the dayi respect~valy the •am~ sewr~lly becoitN du~. 2. To psy ~1! and ~ingular the taxes, asseismants, levies, liabilitiet, obl+y~tiam and ~ntumbr~ntes of •very nature and kind now on ~ald d~scribtd property, or that hereafter may be imposed, svffered, plxed, levied, or awes~ed theraon, ot ?hat hen~ft~r may b~ levi~d ot a~i~ssad upon this AAort¢ age, oi tha indebtedness secured hereby, each and every, when due •nd payable, ~ccordinq to I~w, be!or~ they betomt d~~i~qu~nt, ar+d b~fw~ any int~r~st attaches or any penalty is inc~rred; AND INSOFAR A$ ANY THEi2EOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED O~ RECORD AND THE ORIGINAL OFfICIAt DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT dR THE SATISFACTION PAPER OffICIAIIY ENDOR5E0 OR fERTIFIE4) SHALI BE PtAC: D ~N THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and i~ th~ ev~nt that any thereof is not paid, sat~sfied and diicharged sa d lv10RTGAGEE may at any time pay the same or any part thereof without wsiviny ar •ffettinq any option, lien, equify or .iqM under oi by virtue of this mo~tgage and the lull amoum of eeth and every tuch paymem •hall be immsdiaiely due •nd pay~bl• ~nd ~hall bear int~rpt <<om rhe date thereof unr~l paid a; rate of aiqht per centum per ann~m and to9ether with •~ch interest ~hall be fecured by the lien of th:t morytayt. 3. To pl~cs ~nd conti~vou~ly ke~p oh the bulldings now a lar~aft~r ~itw» on s~id I~nd ~nd on ~II pufpm~nt ~nd pNSOn~lly tov~nd by thi~ mortq~ p~, wi4h ~fl pr~miums tMreon paid in fu~l, fir~ insur~nc~ in th~ usual ~t~rdard polity form, in • sum approv~d by tM /.10RTGAGEE, ~nd windstorm irnurana~ In tM uswl ~fendard policy form, in a wm •pprovad by tMe MORTGAGEE, in ~uch comp~ny or comp~o~e~ u iM h1QRTGAGfE may direct; ~nd •II fin •nd windatorm in~urantt policiss on sny of ~eid b~i~dinq~, ~ny Intsrsit iMr~in ar part t}~~rsoi, in tM ~py~~y+t~ ~um ~fw~id w In •xctw therwf, ~hall contein tha usuel ~tondard mortgsq~~ cf~us~ or ~uth oth~r clause N ~M MOfiQ~gN m~y r~quir~, m~kinp tM Iws und~+ ~aid pol{- ci~s, ~~ch ~n~ ~v~ry, pay~b!s to said A60itTGAGEE s~ its int~re~t may ~pp~ar, and eech •nd ~v~ry ~uch policy sh~ll b~ promptly ~u.yn~d and d~liv~rsd to •ny irrld by tsid MORTGAGEE i~ further uc~rity to ~aid mor~fl~9~ debt, snd, not I~u tFun t~n (10) days in sdwnce of tFr~ txplration of ~~ch poliey, to dr liver to uid MORiGAGEE a renewal thereof, together with ~ receipt far tha pr~mium of ~uch ren~wal; ~nd thsn •h~ll b~ no fir~ or windstorm inwr~M~ pl~ted or~ •ny of said buildinys, any intere~t therein or pert thereof, unlei~ in tM form •nd with the losi pay~bls •forsuid; and in tM ~~ent any ~um of money bacomes payabla undsr wch policy or policies seid MORTGAGEE shall have the option to rrceiva •nd apply the ~amt o~ account pf th~ indebted- n~as s~cur~d hrnby or ta permii ~sid MORTGAGORS to receive and use it or any part thcreof for other purposes, without the~eby waiving or impair !nq any ~quity, li~n or ri9ht unds~ or by virtu~ of thi~ mortyepe; •nd in the eva~t said MORTGAGOR$ ~h~ll for •ny reason fall to keep th~ said pr~mifr~ ~a insurad, w f~il to deliver promptly sny of said pol~tie~ of in~ur~nc~ to ~sid MORIGAGEE, or fail promptly to p~y fully sny Fremium therefor w in ~ny reapect f~il to perform, d~icherge, ezecute, effect, complete, comply with and a6ide by thi• covenant, or any pert hereof, teid MORTGAGEE mey plsce and p~y for such Imurance or •ny pert thereof witho~t waivi~g or sffettinfl sny option, lien, .a,uity, or right under nr by virtue of this Mortyape, snd the full ~maunt of oech end every ~uch peyment thall be immediately due and payabfe and shall bear inrerert from the dste thereof unril paid at rhe nra of nin~ p~r centum per snnum and together with such intereit shsll be secured by the lien of this mortyeqe. To permit, commit w tuffer no wa~te, impairment or deterioretion of •~id property or •ny pert thereof. 5. To pay eil nnd •inquler the coyh, charget snd expemes, includinq a reaYOnable ~ttorney'• fse and costt of ebstrartf of title, incurrad or paid et ~ny tims by ~aid AI~ORTGAGEE, bec~use or in the event of the failure on the pert of the •aid MORTGAGOR to duly, promptly •nd fully perform, d~xhsr9~, •x~tut~, effect, complete, comply with snd abide by each and every tha ~tipulatioro, ~yreem~nri, tonditions, snd covensn~s of said promiisory nots •nd thi~ mortfl~pe •ny or either, end se~d cosrs, charfles and expenses, eech end every, shall be immediately due en~ peyable; whether or not there b~ notice dm- msnal, •ttempt to collect or ~uit rending; and the full trmo~nt of each and every ~uth peyment she11 bear interest from the da'e thereaf until Faid at the rote of nine per ce~rum per annum; and atl said coats, charqes and expenties int~rred or peid, together with wch intersst, •hal) b~ ~ec~r~d by tha (itn of thit mcxtpaq~. 6. That (a) in the event of nny breach of thi~ Mo~tgage or defeult on 1he paA of the MORTGAGOR, or (b) in the event any of t~id sums of money herttn referrad ta be nat promptly and fully pa~d within thirty (30) daya next after the r~ame severally become due and paysble, w+thout dem~nd or notite, or (t) in tM event each end every the stipulations, agreements, co~dit;ons and coven~nri of ~aid promissory note end th~s mortgaye •ny or ~ither •r~ not ~uly, promptly ~nd fully performed, d;icharged, execvted, effected, tampleted, complied with and ebided by, then in either or •ny such ev~nt ih~ uid eQ~ preyit~ sum mantioned in ~aid promissory note then remeining unpeid, with interest sccrued, •nd ~II money tecured hereby, •fiall batom~ due •nd psy- ~bt• forthwith, w thereafter, ~t the aption of iaid MORTGAGEE, a• fully snd <ompletely •s ifi ell of the taid ium• of money wer~ oripin~lly ttipul~ted to be paid on such day, enything irt said promissory note o~ in this Mortgeg~ to the contr~ry ~~otwithatandinQ; and thereupon or thereafter ~t tha nption of tsid MORTGAGEE, withouf notice or demend, suit at law or in equity, therefors or thera~fter beqvn, may be prosetuted a~ if all moneyt secured h~reby had rtutured pnw to itt imti!ution 7. That tn tha event that at the beginning nf or at sny time pending sny tuit upon thii Mortgsge, or to foreclos~ it, or !o refarm it, or to enforq p~yment of sny claim• here~nder, •aid MORTGAGEE shall apply to the Court heviny jurisdiction thereof for the appointment of a Receiver, suth Co~rt shall Forthwith eppoint s receiver of taid mortysged property sll end singv~er, includ~ng all and sinpulsr the incoma, profits, iasues snd revenues from whstev~r wurce derived, each and every of which, i~ beiny expres~ly vnderitood, i• hereby mortqaged at if spec~fically set forth and describad in tM prontinp •nd h~be~dum clsusea hersof, and such Receiver ~hall heve all the broed end etfecrive functiom end powere in anywise entru~ted by a Court to ~ Receiv~r, and euch appointrent shall be made by such Court e~ an admittad equity and a mstter of absoluss rinht to ~aid MORTGAGEE, and without rei~renu to th~ ~dsquacy or inadequecy of the val~e of the property mortgaged or to the tolvency or insolvency of taid MORTGAGOR w the defendann, and that suth ronta, profiri, income, isaues and revenues shall be spplEed by •uch Receivsr accordinfl to the lien or equity of said MORTGAGEE sn~ th~ pnctiu of suth Caurt. 8. 7o duly, promptly and f~lly perform, discherge, executa, eifcct, complete, comply with and ebide by eech snd every the ~tipulatioro, ~flrsements, - eonditlons srtd covenanti in teid promissory note end thi~ mortgage set forth. 9. Thet in tfie event the ownership of the mortgaged premi~es, or any part thereof, becomes vested in a persan other th~n tFw MORTGAGOR, 1F+m MORTGAGEE, it~ wctesiors and a~signs, may, without notice to the MORTGAdR, desl with such succesaor ~r wccessor in interett with reference to tfiis mortpa~ ond the debt hereby secured in the same mar,ner es with Mortqsgor without in eny way vitiatiny or ~d~schsrying the Mortyayon' liebiiity F»rr undsr w upon the debs hereby ?ecured. No sale of the prem~ses hereby mortqeged and no forbearenta on the pen of tha MORTGAGEE or itt su~eessorf or ataiqns and no sxtension of the time for the peyment of the debt hereby securad yiven by the MORTGAGEE or it~ •ucces~orf or as~iQns, sh~ll op~rat~ lo rol+w, dixl~rrpo, modify changs or effect iha originel Iiebitity of the MORTGAGOR herain, eithsr in whol~ a In p~n. 10. It i~ spec+ficetly ng~eed fhat time i~ of the eaaence of this tontroct and that no waiver of eny obligation hersunder or of tM obliq~tion ca• cur~d tknby ~hall ~t •ny time thereafter be held to be a waiver of the t~rms hereof w ef the inatrument fecured herby. 11. In addit~on ro the foreguing monthly payments of prin~ pal and interest requ~red oy the prom~swry note iecured hereby, mortgagar covenanb and ~9rees to pay f0 mortgagee wirh each monrhly paymert ~n edditional ium estimated by mortgcgee to be equa~ t~ 1~12 of the annu~l cwt of 1M follow- inp: A-All resf property taxes levied or essessed againsf the above described real estate. B-Premiums on fire and windstorm ins~rance st herein required to be carried on the improvements sEtuate on the ebove described pr~miRes. C-Premi~m~ on such mortgege guaranty insurance as mort9a9ee shsll from fime to time deem Fit to tarry on the ioan secured hereby. Mortyagee shall from time to time notify mortgepor in writing of th~ amount due and peyable hereunder end such ~um sha!I theraupon be dv~ ~nd psysble on the due date of the next monthty payment snd each succe~sive menth thereefter until mortgagee shall notify rtwrtgayor of e cheny in such amount. Svch ium• ~hall be apPlied by mortgagea towsrd ths payment of r~al property taxe~, lnturence pram~um~, and mwtgags 9uirenty insurance premium~. p~ ~L ~b" fb hfs~ 2f 5h~ ~i1~ r. IN WITNE55 WHEREOF, th~ ~aid MORTGAGr ~ es__ rt n. ~_1f~ ~S+ the day snd yeer first aforesaid. S6y ~al~d and v sd ln the pres~ncb~O~RtL14~~""1 ] ~•••l '3 O O K i~ i s.l G 1 ~ L~TTti~~_~ az!_s , ~ ~,..n ~.5 DEC 2 PM 3:56 n _ ( ) /'U v ~ . . . , ~a~~ STATE OF fLORIDA ROG~`t~ t'~~JI ~ ~'i.::~, CLERK ~ ~ ~ ~ courrrr oF S LuG i~ S 1~ L~ C{ E C O U N T Y, . , Le~b~~~T'UfilaTlTl " ~ ~ - ~nd s.for. ni: bitAR~'~uy .pP..red . ' . ~ Ma Z Schurmann ~ ~ -.y.' ~ hi~ w1f~, to rrN w~ll kr~own Or?~ krww~ tp rn41o b~ t!r ln~vklwA~ ~~eicAbqd- Jn'1~nd who •x~cutsd tt» fnrpoinp irutrum~nt, ~nd ~clereowledped befor~ me that th~y •x~tv»d' tkH urn~ ~o~ TM p~+~~ ~..r++ .x~....~a~, ~ '+fi:, jria z ;y . S c u rr~a.nn - ~ " . : - , c , , : LeRoy ~Cr1Y'Uq181'!Tl - upor+ a kptr~tt ~nd p~iv~t~ geemiMtibn;,,bj~,. ~,xy{i~n ?par~a •nd ipert from he? s~id hutband, ~cfcrwwl~dptd to •nd befon m~ thet ~he exec~t~d uid irutrunxm frNly a~d ve>tutr Hiily ~nd ~ ilhout any~cor~pulf~n, con~trsint, approhen:lon, w fe~r of or from Ic~t tald husb~nd. '~V+IJtN~,9' j+~c ~+iu~•~:~ficjal ~eal thia. 22].C~. day of A. D. 19~.~ " ~ ~~ti~ 1 Not~ry Publk in ~r,d St~j~ jFbrida ~t L~rp~ ''':~ti;!11:~'~ My ComrnisrioeS ~xpl `j// ~j9 Return To: ~ Z~i~V ~~ary ~L1~1'~ ~.t,c. ,~i "~.~1 ~2'C,8 Citis~n~ F~d~rel Saviny~ E loan Atsoci~tion BpaK Corsii~:~:r ~ . . : i. :';a) Of S!. ~.Y41~ ~OYIIfY 4fBd~~j `Y ~+nYi;~:;o r::< Ca..~l:y Ca~ Ft. Pierce, Flwida ~