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Home My WebLink About0515 To pl~ +nd continuously kHp on th~ build~ngs now or h+~ea(tN ~ituat~ on said land and on atl pulprrwnf i+~d p~no~++lly covN~d b~l this maq~ with afi p~miurtA tMrso~ p+~d in full. ti~~ insur~nc~ in the ~sual st+ndard policy torm, ~n a swn approwd by tMaMORTGMGE~R GAGF~E 1e~~y i~wrann i++ tl» ~iwl suodard pol~cy fam, in ~ wm ~pprov~d by th~ MORTGAGEE, in s~ch company or comP+ ~ d'u~cq aed ~11 fir~ u~d wi~btorm insw+na policies on sny of uid build~np~, ~ny Mttrtst ths~~in w part th~rwf, in tM ~rey~t~ wm ~ta~aaW a In s~ctNS tMreoi, sMll cont~tn tbs vawl itandard mortpa~~t tls~s~ or iuch other clw+~ ~s tM Maty~e~ m+y rpu'a~. m~ki~p the Iws ue~dK stid Po14 ci~s, tsch u~d ~very. p+Yab1~ w said MORTGAGEE a~ts inte•ett may appsa~. ar+d each and ~very ~~rch policy ihall i» pr«nptly .u:9n.d ~+d d•iiw~.d ro sny Mld by aid MORTGAGEE ~s furtha setu~ity to s~id mwtg+pe dcbt, and, not I~u tMn ten (10) days in ~dvann of th~ ~xpir~tia~ of ~ach policy. ~o da I;vN ro said MORTGAGEE a r~xwal tF~ereof, to~e~Mr wi~h a ret~ipl fw the prtmiwn of wch rN?ewalj and tMr~ sh+ll b~ ~o fin w windsram inwr~na pl~nd on ~ny of aid buildinps. ~ny i~terpt ther~in w pu1 the~eof, ~nku i~ tM iwm' u~d wi~h tM toss pay+bl~ as +fa~s+id~ ~+d in th~ ~wnt ~ny sum of mawy becanes paYabl~ w+da wch P°~icy °r P°~K'°s s+id MORTGIIGEE ~hsll F?~w tM option to rec~iw ~nd ~pply tM s~ on acoouM o~ th~ i~d~bted- Mss t~tv~~d Mttby p b permit said MORTGAGORS fo rcceive ~nd vs~ it or any pa~t thereof for other purposts, without thereb/ waivi.p w imp~ir- irq ~ny puity, li~n a ripht und~r or by virlw of this mortys~et and in tM ~vent w~d N10RTGAGORS sMll fw ~ny ?~ason fall to kkp IM taid p?M?ises w insured. a i~il to d~liver promptly ~ny of said polici~s of inivnncs to said MORTGAGEE, or fail promptly to pay fully ~ny praniwn ther~fa o~ in snY r~ipat fsil w p~r(ocn4 dixhu~e, execut~, ~ff~ct, compl~a, comply with ~nd +bid~ by this cove~a^t, a any p+rt M.wf, isid MORTGAGEE m+Y pl~a and paY (or s~ch ieauranc~ o~ ~e~y p+R thereof w~thoW walvinp a ~ffMinp any option, litn. pv~ry, or ripht undN a by virtw of tlw Monp~. ~nd tM full a~ra~nt of sach u~d waY wch WYment tMll b~ immediately d.H and payabl~ and ihall bear intereit from tM d~N thenot until paid af th~ rat~ of nin~ p~? centum per si+num +nd toge~l+er with iucA interest shslt be securod by ti+~ I'~en of this mat9+pe• 4. To prmit, aoew~dt w suffe~ no w~st~, imp~irment p detcrar~tion of said properry w any pwt tMreof. S. To p+y all u+d sinpul+? the'coats, ch+?9a snd ~xPe^us, Mdud"'9 + resson+ble ~ttwney's fee snd costs of ~k»tracts of titl~, incurr~d w p~id st sny time by s+id MORTGAGEE. beuus~ or in the ewnt of the f~ilwe on the pa~t of tM sald MORTGAGOR to dvly. promptly ~nd fuly pNfwm, d~schuQ~. eaecut~. ~ifect, oompkt~, comply with ~nd abide by ~ach and every the itipvlat~ons, agreeme~ts, conditions, and cown~nb of said promiuory raM +nd this mortyape unr a ei~her. ~nd said costs. chu9es aod expcrres. each and every, sMtl be immadistely dw ~nd payabl~: whether o~ not ~hsr~ b~ no~ici ds~ mend, attempt ro colkct a wit pendirg; and tM full ~rno~?m of exh ~nd ewry such PaYme~+~ sh+~~ beu ~^tNfit f~om the dat~ thereof ~~til p~id at th~ .ate of nine pa centum per a~num; and all said cosn, chuges and expenses incurred a paid, topether with wch MfNfl1, shall b~ stcured by tlw lien ol thif 6. ThH in the ewnt of a~y breach of this Mort~sp~ w def~ult on the pa?t of ths MORTGAGOR, or (b) in tM ~vent ~ny of ssid sumt of morwy herein r~ferred to b~ no1 promptly snd fully p~id within thirty (30) days next after the same teveratly bacoms due and pay+bl~, without dtmand o? notic~, or (c) in tM went each and every the stipulatioro, agreemer?q. condifions and covenants of ss~d promissory not~ snd th~s mortpa9e ~ny o~ either u~ nol iuly, pranptly and fully perfwmed, d~scharged, ezecuted, effected, compkted. complied w~th and abided by, then in either w u?y ~uch event th~ uid a~ yrag~t~ sum mentioned in ssid promissory rwte then remsining unpaid, with interest scuued, ard all ma+eys secured hereby. ahall becwn~ dw and p~y- abls forthwith, or thersaiter, at tM optan of uid MORTGAGEE, as fully ~nd completely as H sll of the said wms of money were wipinally stipulated to be paid an such day, anything in said promistory note or in this Mortgage to the contrary notwithstsndinp; snd thereupon w thereafte~ at tht option of said 1NORTGAGEE, without notice w dem~nd, suk N Iaw ot in equity, thereFore or thereafter begun, may be prosecuted as Ff all moneys sau+rad AerebY had matwed prror to ib institvtion. 7. That in Ih~ event thal a/ the bcginnir+g of or st any time pendirg aoy suit opon this Nlwtgage, w fo fweclos~ it, or M reiorm it, w to enfwq psyment of ~ny claims hereu~, said AhORTCsAGEE shall spply to the Cou?1 having jur~sdiction thereof for the ~ppantmenl of s Retciver, s~th Cou~t shill fortlnwith appoiM s receiver of ssid mort9sged property all ~nd singulsr, includ~ng all snd singulsr the income, p+ofits. asues and revenues from wh~t~vei swiru derived, each a~+d evcry of wh~ch, it being expressly undentood, is hereby matgaged as if specifiully set fwth snd described in the yrantirg and habendurn clauset he~eof, and such Reuiver shsll h~ve all the broad and sffective funct~oms and powers in snywiu e+Nrusted by a Cowt to a Receiva, and wch ~ppointment shall be made by wch Court ~s +n ~dmitted equity and a rrWtter of absotute right to ssid MORTGAGEE, and without re~erente b ths adequ+cy a in~deqwcy of the w~ve of the property mwtgaged w to thd w~ve~cy « inwlvency of said MORiGAGOR a the defendann, and that such rems, profin, income, issues and revenues shall be applied by such Receirer accordiny to the lien or puity of said MORTGAGEE an~ ths p?+ctice of wtF~ Court. 8. To duly, pranptly snd fvlly perform, discMrge, execute, effect, complete. compty with aod abide by each and every the stipulatioru, apreements, c~tions ~nd covenants in said promiuwy note snd ~his mwtg~ge set iath. 9. That in the event tFro ownenhip of the mwtysged prem~ses, w u+y Wrt thereof, becomes vested in a penon other tha~ the MORTGAGOR, th~ MORTGAGEE, its successors snd suigro, may, without notice to the MORTGAOR, desl with such successw a successw in interest with reference to this mort9age and the debt hereby setured in the same n+anne~ u with Mwtgagw without i~ any w~y viti~tirg W dixharging the Mortyagors' liability hert undu or upon the debt hereby secured. No sale of the premixs hercby mwtgaged ~nd no forbeswnce o~ the part of the MORTGAGEE or its suaes~on w ~uigns +nd no extension of the time fw the payment of the aeb~ hueby iecured give~ by the MORTGAGEE w its successors w ~ss~yns, sh+~l opent~ ro rekas~, discMr~, mod~fy chsnge a affect tF~t origind li~biliy of the MORTGAGOR herein, either in whote a in put. 10. It is specifically agreed that time is of the esscnce of this contr~ct snd that no w+iver of any oblg+tion hereunder or of tM oblg~tion sr a.red hereby shall at any time thereaher be held to be a waiver of the terms hereof w o! the instrument aecured herby. 11. In addition to the faego:ng monthly payments of prin~ pDl and interest ?equ~red by the p~omissory ~ote tecwed hereby, mortgagor covensnts and ay~ees to:pay to mortgsgee with each ma~thly payment an add~~ionsl wm esumated by mortgagee to be equsl to 1 f 12 of the ann~~al cost of the follow- ing: 'i A-All re+l proQerty lsaes kvied w auessed agaisst the above dexribed real estate. B-Premiums on fire snd windstam insurance as herein requ~red to be carried o~ the improvements •itwte on the ~bove desuibed premises. ~ C-Premiums on wch mortgage gwranty insurar,ce as mortgagee shall from t~me fo time deem fit to urry on the ban setured hereby. f Morfg~gee shall Aom time to time notify mortgagor in writing of the amouM due and psyable hereunder and such sum shall thereupon be dve ~nd pay~ble on the due date of the nezt monthly paymem and each successive mo~th thereafter urtil mort9sgee shall notify mortga9or of s chsnge in wch ~Y amount. Such sums shall be spplied by mortgagee toward the payment of reat property tsaes, ins~rance prem:~ms, and mortgape guawnty i~unnce ~ prMfiumf. IN WITNESS WHEREOF, the said RTGAGOR Ms hereumo set hu hand and sesl the dty r first ~ass' led u?d ' ed in pr of: ' ~ ' ` ry ~ n STATE OF FLORIDA ~ . Saint Lucie courmr oF • defore me personally .~.u~a Frank A. Guerriero ,~d Phyllis .T. Guerriero ha wife, to me well known and known to m~ ro b~ the tndividwls described in and who executed the foreyoing instrwnent, and ~cknowledged befwe me that hey executed tF~~asme fw the purposes sapress~d. Md the s~iJ Phy1.13.9 J. Guerr~.ero ~ W~FQ ~~~d Frank A. Guerriero upon a se~.+ts and pinat~ exaniuwtan by me tsken separate a~d epart from her said husbind, acknowledged to snd befwe rn~ that she executed said irntrument freely and volun~ tarily and w~tho~rt a~qr compulsion, constraint, appreFx /=1ear of a from har ~aid husband. . - WRNE55 my h~nd and offici~l aeal this day of March A, p, 19 66 ~ / ~ ~ Not~ry Public in ~nd for the Sute of Flaida at larpe ~ My Commissiw~ expites: , Retum ~fa. ~ first f~der~l Savinps i loan Associa " Nptary P11~1[. Slile J~ F{O~idi ~1 ~ Fa, P;~,~. ~I,. E D A N D R E C 0 D E D ~,~s;~, No.: ~ 9;; ~~69 y Fort Picrce. Flor~da ~ t.) _ ~ Q ~ K w.aa er ~!s++ l_, .au~::~;~~ UL~Ez.G{~C/ - • - 's'.• = . • : . •~/:~i ~ • O~ .'1: 4~ ~ :':~i~~::••••.r~: = '6S MAR 3 PM • , ~ v . ;o~ 1432'~`~3 ~;~~r~a'~: : - _ - . ; - FtOGER Fi. i ; CLERK ~ ~ =J. . , ~ . - ~ .f su - ST. ~UCIE COUyTY. ~ . ~ - ' : " -r L - FLORIDA ` ` 1 • ~ ~ ~ ~ ~ ~ ~1~ ~ . , , _ BOOK ~t3~ _ rr, ~ i r~ ~ ; : - ------T-- ~ .s~~~-»':.T~.=? _ i