The URL can be used to link to this page

Home My WebLink About1021 3, To p~ace en~i ~~m~nuo~;sly keep on the b~!'d.^qs nc,.v cr hereaf~er s~t„ate on sa~d ~an;f and on a': •rq~~~~~~ncnt and penoneliy covered by thif mortg• ege, w th e11 preml~irn thereon pa d~n fu!I, t~re ~r.s.~ance ~n the ~s~a' stand~rd pc'~cy form, ~n a swn aFp~oved bv the MOR~G•:vEF, and w~ndster~t infurar,ce ~n the ~sval s~andard ~;o! ty form, in a su:? ap{~ro.ed b~ t~e MORTGAGEE, such co~npany o~ tompen~es ds the MORTGAGEE miy dired; end ail fiie and w:ndstorm insvrance polines on any of ta~d bui!d~ngi, eny interesi the~ein or part tnercof, in the aggregaie wm eforefaid or in excesa therecf, shall eontam the us~ai i+andard mortgagee c'a~se or such other c!ause as the Mortyayee may ieq~~re, making the loss undrr sa~d poli• cies, each and every, payab'e io said MORTGAGEE as Its imeresr may appear, an~' each and every wth po'~c/ shail be prompNy a~s gned and detivered ~o eny hefd by se~d ,W10RiGAGEE as further secu:rty to sa~cl margage clebt, and, not less than ten (101 days ~n advance of the exp~ranon of eacn pol~cy, to de- livtr to said MORTGAGFE e renewal fhereof, together with a receipt for the premivm of such renewa!; and the~e shall be no f~re o~ w~nd:to~m insurance pleced on any of said build~ngs, any interest thereln r.r par~ thereof, un!ess in the form'and with rhe loss payab!e as aforesaid; and in the event any s~m of money become~ payabie urder suth policy oi pollcies said M02TGAGEE ihall have the opt~on to rece~ve and app~y the same on accovnt o~ the indeoted• ness secured hereby or ro permit sald 1110RTGAGORS ~o receive and use H or any part th~reof fur o•r.rr purr.ses, .v:~hour th~~e u: wa~v~ ~3 0~ ""V~'"' ing any equity, lien or right vnder or by virt~e of this mor•gage; o~~d in ihe event sa:d MORTGAGORS shall tor any reason fail to keep rhe sa~d premises so insured, or fail to dellver promptiy eny of said pol;cies of inwrance to said MORTGAGEE, or fai! promptly to pay f~lly any pre~ni~m therefor or in a~y respect fail to perform, dncharge, execcte, effect, complere, comply wi~h and abide by rhls covenarn, or any part hereof, said MOkTGAGEE may piace a~d pey for s~ch ins~rance or any part thereof witho~t watving or affecting any option, lien, equity, or righf under or by v~rrue of th~s Mortgage, and the full amoum of each and every s~ch payment shall be immediately due and payable and shatl bear interett from tha date thereof until paid at the rate of nine per centum per annum and to~ether with such interest shali be secured by the lien of this mortgage. d. To permil, commit or suffer no wasre, impa~rment or deterioration of said property or any part thereof. 5. To pay all and singuiar the ~osts, chargea and expenses, in<luding a reasonabie attorney'f fee and costs of abstratts of title, incurred or paid at eny rime by said MORTGAGEE, because or in the event of the fa~lure on the part of the said MORTGAGOR to duly, promptiy and fully perform, d~scharge. exetute, eflett, complete, comply w~ih and ab;de by tath and every the stipulations, agreements, tondit+ons, and covznants oF eaid promissory note and thi~ mortgage any or ei~her, and said cosrs, charges and expenses, each and every, shaH be immed~ately due and payable; whether or not there be not+cr dz mand, attempf to collect or suit pend~ng; and the fuli amount of each and every such paymenr shall bear interest irom tne date thereof vnt~l paid at the rate o! nine per centum per annu n; and all said costs, charges and expenses incurred or paid, together w~th such interest, shall be secured by ihe lien of thi~ mortgage. C. That (a) in the event of any brea,h of this Mortgage or defa~lt on the part of the MORiG~GOR, or ;b) ir the event any of sa:d sums of mo~ey herein referred to be not prompry and fvNy paid w~~hin thlrty (30) days nex~ afte~ the s~me severa:ly become due and payable, witnoui demand or not~ce, or ic) in the ev>n1 each and every !he stipuietions, agreernents, conditions and covenants of sa d promissory note and th~s mortgage any or either are not - ~uly, prompfly and f~lly performed, d:scharged, execwed, effected, completed, compGed w~!h and ab~ded 9y, then in eithe~ or any such event the sa~d ag- greqate sum mentioned in said promissory note ~her. rrmaining unpaid, with interrt accrued, and a!I moneys setured hereby, shall become due and pay able fortliwith, or rhereaFrer, ar the opr~on of said MORTGAGEE, as fully and complete!y as if all of 1he sald sums of money were originally stlpuia'ed fo be pa~d on wch day, anything in sa:d pro~nissory ~ote or in ;his Mortgage to the contrary notwitF.standing; and thereupon or thereafter at the opt~on of said MOR7GAGEE, without notrce er demand, s~it at law or in equity, thefefore or thereafter beyun, may be prosecuted as if ell moneys securrd hereby had mat~red pr~or to rts instit~tion. 7. That in the event ~hat at the beginning of or at amy time pending a~y s~it ~pon this Mortgage, or to foredose it, or to reform it, or to enforce payme~t of any daims hereunder, said N10RTGAGEE shali appiy to the Court having ~urlsd:tt~on thereof for the appo~ntment of a Receiver, s~ch Court shall FortFiwith appoint a receiver of said mortgag2d property all and sing~!ar, incl~d,ng a~l and sing~!ar the ir.;ome, proi~ts, issves and reven~es from whate~er eeurce derived, each and avery of wh:ch, it being expreas!y understood, is hereby merrgaged as if spec~fically set forth and described in the granting and habendum c!auses hereof, and suth Receiver shall have ail the broad and effecrive f~nc;:ens and powers in anywise enirusted by a Court to a Recziver, and :uch appointmenr shall 6e rrade by such Co~rt as an ad n~eted equity and a matter of absoivte rlght to sa~d MORTGAGEE, and w~thoui relerence to tne edequacy or inadequacy of the value of the properry mortgaged or ro rhe so.vency or in;oivency of sa~d MORTGAGOR or the defendants, and that such renrs, profits, income, issues and revenues shall be appiied by s~ch Rece~~er accord,ng to the lien ar eyuity of sa:d h10RTGAGEE and rhe practice of s~ch Court. 8. To du":y, prompt;y and fully perfo~m, d~scharge, execute, ef'ect, compl~te, comp:y w~th and abide by each and every the stipulatians, agreements, conditiers and covenants ~n said promissory note and th~s mo;tgage set forth. 9. Thst in the event the ownership of the mertgaged premises, or any part ihereof, becomes vested in a person other ihan the MOFTGAGOR, tha MORTGAGEE, its wcceuors and ass~gn;, may, without norice to th_ A10RTGAOR, deal w~~h such suaessor or nvccessor in interost ~vith reference to th~s mortgag~ and rhe debt hareby secured in the sarne mar.ner as with hlerrgagoi w~tho~t in any way vir.ztinc~ or d:scha~g~ng the lJ~ortg~gors' tiab~l~ry here• under or upon the debt hereby set~red. No sale of the premisPs hereby mortgaged and no foibea~ance on the part of the !~10RiGi-~GEE or its s.:cc~ssors or ass~gns ard no exren,~on of th= time for the payment of the deb~ h~reby secured aiven by the R10RTGAGEE or its su:cessors or ass:gns, ahati eperate to release, d~scharge, modify change or affect the orig~nal Iia~Jity of the MORTGAGOR herein, either in whole or in pzrt. 10. It is soec'rficafly agreed that time is of the essence of rh~s con~ract and thar no waiver of any ab!~gat:on hereunder or of ?he o5li~stion se- c~red hereby shati at any time thereafter be held to be a waiver of the terms hereof or of the instrument secu~?d he~by. 11. In add:tio~ to ih= forego'ng monthly paym~nts of prir•,c p~l and interest requ~~ed by the prom ssory no!e ~~.ured h:~reb~, mortgagor tovenants and agrees to pay !o r~;ortgagae w:!h each month'y p~~~cent an add,~ional sum est~n•a+ed 6~ mortyagee to be equal to 1 i2 ot ti;e annuai cost oi the foi~ow- iny: A-A!I real property taxzs levied or assessed ag.~~ ~s! thc above des:~ibcd r~ai essa!e. 8-Preml~ms on fire ar.d wirdstorm ins~rar,e as here;n rcy~;red to be c~rried en the ;mprovements s~tuate on tne above d~scrfbed premises. C-Pre;ni~n+s on s~~ch rrort~age g~aranty insvra-ce as n,,e~tg3gee shall frern t me to tl~ne deem fit to carry on the luan secured hereby. M~ortaagee sha'I frem rime to t~Rie notify mertcagor ~n wr~t~ng of ~he amou~t d~e ar.d payable hereundar ar;d s~ch svrn sha' therevpon be due ard rayable on tFe due da!e of the next mo.^.th:y payme ~t and each s,ccess~ve mon!h ?nereaft_r uot~l mcrtgagee sha!I nct~fy mortg r of char,ge in ;u:n amounr. Such sums s~-a;l 6e zpp'i~d 'oy merrgagee tcr.a~d the payment of rea! prcperty taxes, ins~ra,ce prem,ums, a~~d m gage aranty ins~rzn:e ~ premiuri. IN V~ITNES$ V.'HEREOF, the sa~d MORTGAGCR has hereunto set his hard and scal the day y ar~first af ~as~ ned, led a ivered in the presence o',: '"'l (Sea!) .i ~L / ~ r 1~ . fSeal) -(Seal) (5eaq STATE OF FLORIDA ~ 55. COJNTYOf_ :~n;~.~ T~~^~°---------) 6efore me personally aFPeared _ _`a . ~ _ ~ ~ "t• n S a; , c, l °an~ _ _ 1*rw-ife, to me well known ard kncwn to rr~e to be the individual described in ar:d who ex?c~ted the foregoing instrument, and acknowledged be`ore me that {~1~y executed the same ror the purposes therein expressed. dlnd-the°se4d~~.~_----_ w-iFe~ vt-~he~saf~ - ~ ~ z+pvn-a-seperare arrd prt~v~~ e+eam Mati wi-~y ~wie ~eJ~en ~epa+a~e-e~d- ~p z*r-f ro m-h._ r-s hvabar d, -ac~ no,vkdg ed -r~ erd before-me~kar rhe- e~cetrred-saf d- tnsrr~m7e m tre~ty °arn!-vo~rrr °auly.aad-w+tbout-a+ay-wrwpr~ianreenaka;r+?r .p~,rot+enserr- or-{eer e4-cx 4rarr-Feerse;d-Frueb~and. ' ~ n r~ _~'Y-f•~ WIT":E55 my h~nd ard offual seal this______~~~______ day of A. D. 14 ~~;,,•:.,..--:•/r'i ~d~t~ ~ ' , - U-- ' ' Notary Public in and for in~ StaLp'~f ~Ypri~a ai t.tfrga~. h1y Comm~ssien expires: ; ~ F,etum Ta: ~ 4" ~~'4' ~ First Fedcrai Sevinga 6 Loan Ass~c;~ton ' r• Of Feit P•vc~. F'= L A~`~ ~ R FtD E d ~iOTARY PIIBLIC. SIATE Cf fLORIDA~9t LAf?GE ' Fort Pier;e. F;ar d~ J~~;~+t~j'~~~p O O~ %'i '~iiJSi~."r EXFi~F,S /~~,Z~,.',19~9. . ~ --__~--~c-~~~ ~ ' ~ , ,w '65 DEC 6 AM i0: y5 f`~ ~ ~ ~ ` j i/ ~r.i : ,~ll i ;A~ 1 ROG~~F' i'.:; ~ CLERK ~ - 5T. LUCit COI;PJTY. _ FLORIDA „ _ ~ . SOR?: ~J~ ~