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Home My WebLink About0621 , ~ ~ ~ . To pl~c~ +nd conriruiovsly keap oe the b„~tdirgs now or hereafta ~itwte on ssid land ~nd on ~II equipment ~nd p~na++lly cov~r~d by this mort¢ with ~II premiwra thcnon p+~d in f~14 firo insuranc~ in the usual st~ndard policy fwm, jn a tum approved by tM MORTGAGEE. ~nd windstwin in~wu~c~ {n ths vswl atsndard policy form, in a sum approved by tM MORTGAGEE, in s~?ch company o~ tomp+nies as 1M MORTGAGEE m+y dir~ctr u+d all f'u~ and w~nds~orm insuranc~ polk~es on any of said buildin93, ~~y inlf~0i1 llfs~lin Or p~rt fF~lrlOf, in tM a~g~e~a~~ wm ~for~said w h~:au Iherwf, sMll conqin tb~ ~swl sfsndard ma~g+yee cl~use w such otha~ claus~ ~s th~ Mortp~gee may rpuu~. ~n+kinp t1?~ loss under ssid pol} ciq, esch ~nd tve~y. WYabk to ssid MORTGAGEE +s i1i inltre~t may ~ppeu. ~nd ead? a~d ~verY ivch policy sMll be prompHy su:yned u+d d~livKed ro u~y hsld by said MpRTGAGEE s~ furthu secv?ity to aid mortps~e debt, and, not leu tMn ten (10) d+YS in ~dvsnc~ of 11+~ axpirstan of sach policy, to dr IivN to s+id MORTGAGEE s rentwal thereof, to~ather with a reteipt iw the premiwn of suth renew+lt and ther~ sMll be no fu~ w windstam insur~nu plaad on +ey of s~id buitdi~gs. ~ny inte~esl thareM a part thenof, ~nleu in tFw fonri and wi~h the loss psyable as •ta~s+id: and in the ~vent sny wm of mon~y becom~s p+Y+ble w~der wch P°~icY o' Po~K'es s°'d MORTGAGEE stiall havs tM option to receiw and +pply tM same on accovnl o~ 1M indebted~ n~st Ncvnd htr~by or ro permil s~id MORTGACsORS to receive and uss it or ~ny part thereof fa othcr pu~poses, wirhout thrreb~ waivi~g p impair- 1np any pvity, lisn w rigM unde~ a by virtw of this morty+geJ +nd in th~ ~vent s~~d MORiGAGORS ihall for a~y r~afon fail to keep the uid pr~miirs w intured, o~ f~il b delive? promptly ~ny of said polities of insursnts ro Nid MORTGAGEE, a fail ptompNy to pay fully ~ny premium tF?erefo? a in any nspect fail to p~?form, dixharge, e:ecute. ~fteq, complete. comply with snd sbid~ by this covenant, w any psr~ hereof, said MORTGAGEE may place +nd paY fw such inwranc~ or +~y pan ~haeof wirhout w+lvinp w aff~ctinp any option, lien, equ7tY, or riph~ under or by vinw of this Morty~. ~nd tM full unoum of sach snd ewry such payment shall be immediatety dw s?x! aayabl~ and shsll bssr interost irom ths datt ti+ereof u~til paid M tM rate oi nint p~r ctntum pN annum and toyether with wcA interest shall be securad by tM lien of this mortg+ye. 4. To pKmit, oommit or wTisr no wasts, impairment or deterioration of taid {uopKty or ~nY pu1 the~wf• S. To pay all ~nd sinpulu ths.coati, chsrges ~nd expenses, ~ncludirg s re+son+ble sttwney't fee snd costs of sbstracts of tiN~, incurred o~ paid at any t~me by said MORTGAGEE, because or in the event of the failure on the pan of tM said MORTGAGOR ro duly, promptly and futly perfwm, d~uharg4 ~xecuts. ~ffact. complete. comply w~th ~nd abid~ by each ~nd every the stepula~ions, ~greements, conditioro, se+d coven+nts of said promissory not~ and this mortgag~ sny or eithe~. ~nd s~id costs, ch+rges and expences, each and every. ihall be immedi~tely due ~nd p~ysbte: whether or not thae b~ eotici d~ m~nd, attempt to colkcl or wit pendirg; ~nd tM tull amount of each snd every s~ch paYmem sha0 be+r intereit from tM date thereof until p~id ~t th~ rate of nine per centum per annum; and all said cost~, chsrges and expenses incurred w paid, together w~th such interesL ~+II b~ sstured by tM lien of thu TOff~i~f. 6. Th~t in the event of ~ny breach of thii Matgaye w deiault on ihe part of the MORTGAGOR, w(b) in the event sny of tsid sums of money herein r~ferred to bs not promptly snd fully p~id within 1Ai~ty (30) days neat after the same sereralty become due and payabk, without dem+ad w notice, or W in the ~ven~ e+ch and everY ~he stipulstions, agreements, conditions and coven~nts of sa~d prorn'~ssory note ~~d this matp+~e any or either ~re no! iuh, promptty and fully performed, dtscMargcd. executed. effeNed, compteted, compl~ed w~th and ab~ded by, ~hen in either or any such ewm thi uid ag pre~te sum mer?tioned in said promiuwy note then remaining unpaid, with interest accrved, and all mooeys setured he~eby, sh~ll brcome dw snd pay~ ~We forthwith, w thereafte~, at the option of said MORTGAGEE, as fully ~nd comple~ety ss ii all of tFx said wms of money we~e ori~in~lly stipulated ro be paid on such dsy, anythirg in said promissory note or in this 1Nortg~ge to the cor+trary notwithstanding; and thereupon o~ ti+eresfter at Ih~ option of uid MORTGAGEE, witlaut notice or demand, suit at law a in equity, tFxreFore or tF?ereaftcr begun, may be prosccuted u if all maisys secured hc+eby ~ hed marwed prwr to its inflitution. ' . 7. Th~t in the event that ~t the beginning of or st soy time pendirg aqy wit vpon this Mortgsge, a io'f'o`recFoie~it, w to.refwm it, or to e~fwa paymenf of any cla~ms hcreunder, said MORTGAGEE shall apply to the Court having jurisdrctwn thereot for th~sppaMmehT of a Re~eiver, such Coun shall FortFiwith appoi~t a receiver of said mortgsged property sll and sirgular, includ~ng all and singulsr the income, prqfits, asves and revenves irom whatever tourte derived, esth snd e~ery of whith, it being expressty undetstood, is hereby matgsged ~s if tpetifitally set.futh a~d desuibed in the ~rsnting ~nd ~ habendum cl~uses hereof, and such Receiver shall have all the broad and eifective funcnons and powen in anywise entrusted by ~~ourt to a Receiver, and such ~ppantment shall be made by wch Court u s~ admitted equity and a mattc~ of absolute ~igh~ ro said MORiGACaEE, and without referente ro ths adtquxy ot i~sdequaclr of the v~lue of the properry mortgaged or to the sonrenty w insolvency of said MORTGAGOR w the defendanb, and that such rentt, profits, income, iu~xs and revenues shall be applied by such Receiver accwdinq to the lien w equity of ta~d MORTGAGEE and the practice of such Co~nt. 8. To dvly, pramptly and f~lly periwm, dixharge, execute, effed, complete, comply with ~nd abide by each and every ths stipulat'wns, agreemenb, conditaro and coven+nts in said promiuory note arx! this mwtgsge set forth_ 9. Th~t in the event the ownenhip of the mo~tgaged premisea, w any pan thercof, becomes vested in • penon other than the MORTGAGOR. ehs lNORTGAGEE, in sucussas snd suigns, may, withovt notice to the MORTGAOR, de~l with such tucceuor a successor in intcrest with refc~ence to this rtwrtpaye snd the debt f?creby setured in th! same manner u with Mwtgagw without in any way viliatirg p diuharginp the Mortgagors' Ii~bility h~re- under w upon the debt hereby xcured_ No sale of the premises hereby mwtgaged ~nd no fwbearse~ce on the pah of the MORTGAGEE w its successon p ~uigru and no extension ot the time fw the payment of the debt hereby secured given by tF~e MORTGAGEE or its succeuors w ~uig~s, .hall operate ~ ro releast, dixharye, modify change o~ aifect the original liability of the MORTGAGOR herein, ~ither in whole or in put. ` 10. It Fs specifically agreed that time is of the essence of this contract and that no waiver of sny oblgation hereunder or of the obligaYan ~t wred hersby shall at any time thermfter be hetd to be s waiver of the terms hereof w of the instrumeM secured herby. 11. In add~tion to the faego:ng monthly payments of princ'pyl and interest required by the promtssory note secvred hereby, mortgagor covenants and sgrees to pay to mortgagee with each montMy paymenf an addi~ional wm est~mated by mortgagee to be equal to 1/12 of the annual tost of the follow- ing: A-All resl property taxes leried or assessed agaisst the above desc.ibed real estate. B-Premiums on fire and windstorm inwrance as herein requ~red to be carried on the improvemenq situate a+ the above desvibed premises. I ~ C-Premiums on such mortgsge guaranry insurance as mortgagee shall from t~me to time deem fit ro carry on the ban secured he?eby. Mortgsgee shall from time to time notiiy mortgagor in wriring of the amount due a~d payable Ixrevtder and such sum sFwll thereupon be due and payable on 1he due date of the next monthly payment and each successive month thereailer ur.til mortgsgee shalt notify mortgagw of a change in such amount. Such sums sAall be applied by mortgayee toward tF+e payment of real property taxes, insurarxe prem;ums, and mortgage guars~ty insunnte premiwns. IN WITNESS EREOF, the s+id MORTGAGOR has hereunto set his hand and seai the day ~nd rear first aforesaid. i Sipotd, S~al nd d~r ence of: _ l~`~ ~ ~ ~C/ ~•,q ~ n Y n STATE OF FLORIDA ~ St. Lucie covwnr oF Before me perwnslly appeared W i 11 ~ e A d a m Q ~nd Do 11 i e M8 e A C3 ~M9 his wife, to me well known ~nd known fo me to be the ind'rvidwb desvibed in and who executed the foreyoing instrument, and ledged before me that they executed the same for the purposes therein expressed. Md the ~~d Do 11 i e Me @ A f) 9TRQ wifs ot the said W i 11 i e C A d ama ~pon • separ~te and privat~ exsminsYan by me tsken sepante and apart trom her said husband, acknowledged to and before me thst she executed said irotrumem frecly and volue~ tarily and without uqr compulaion, constnint; apprehensi ~sr of a from her said twsband. WITNESS my hand and officGal seal this day of rCh A. p, lq ~E' ~ Notary Public in and fw the tste f ida at Lups Mv c~,~~«, ~~~u: ~/~~9 Return Ta • . finT F~dersl Savings a Loan Association - . Of Fort P~erce. • NOTARY PUE?_IC. STATE cICRIDA at LARG$ i Fort Picru. Florida ,~~~~.~Su~3.n~i:;~ ~ C~'~:.': 'c'~ .-'7 ; . ~ , _ , s ~ i ~'1. 29. 1968, F'~ ` 4 j~',~.~ sONDED TMR4U'vH rqiD W. DtESTELNOR~L - . ' ' E!~ COR Ep ~'6 ~l'. . ; O' J . ` J• T' 1••, 'it.' 1'~ N\i4~~,U?E I~~ f~~I'/ ~ _ ; ~~~i. ' . ,`1s-_ - . ~~~i'~/~~r t " ;'7' - ~+p.~.i?=.. _,q - ' ~ ~°s M~R 7 aM I f : I s _;x...~~'~~i ~~c • ~ ~ ~ { ; ~ _ ~ - , ' ` ti,-'_ : p r 433U~ ~ n; _•.••h~ F i 'a r fi~U~t\ : :l{.a:~. CI..ERK 'r.~ ~ ~~3-,; 'e~~~- r ~ ' ST. LUCIE COUNTY. ~"f.._ ~ L ' - F~ORIDa o R An ~ . r "z L?~ i~• ` . ~ BOOK ~~lJ . 18 . ~r: _ , . - - ~ ~ - - _ ~ . " r = _ ~ - ~'~-.~z ~ _ . _ _ .