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Home My WebLink About0976 _ ~ To pl~a and continuowly kNp on tM bu~ld~rgs now o~ Mre~hK sitw» on i~id lu+d and on ~il equipment ~nd p~onally covN~d by thii matq~ p~, wlth ~II pr~miwrA thenon paid in fvl4 fin ini~~anu in the ~iwl srandard policy fwm, ~n a swn ~pprowd by tM MORTGAGEE, a~+d windstorm tnswanc~ in tM uswl Nu~dard pol~cy fam, in s su~ +pp~ov~d by tM MORTGAGEE, in wch con+p+~Y c? comP+^ies ~s tl+~ MORTGAGfE nwy d'v~ctt w?d all fin ~nd windirorm iniuranp policiss on ~ny oi aid buildtnps. ~ny i~t~r~st thsrein w p+rt ther~of, fn ~M a~qrey~r~ wn+ ~faesaid o~ In ~xaa lhtrwf, shal) contain tM ~?swl qandud ma~9+pN d+~s~ a~ wd~ otha cl~vs~ ~s tM Matpaps~ m~y rpvu~. en~Ainp tM lou undK ~aid poli~ ci~s, ~+ch and ~wry, p+y+bl~ ro said MORTGAGEE as ~n intKest may ~ppNr, +nd each snd ~ve.y s~ch poliey shall b~ promptly +u:yn.d u+d d.liv.r.d a ~ny h~ld by said N10RTGAGEE as fwthM s~cwity to said mort~a~e dsbt, ~nd, ~?w kss th~e? bn (10) days in +dv+nc~ of th~ ~xpintion of ~ach policy, ~o dr IivN ro Nid MORTGAGEE + rtnew+l therwf, topt~hN with a rec~ipt for the premivm of such rsntwalj snd there aMll bs ~+o fu~ w windi~am inw?anc~ pl~pd on a~+r of said b~ildinps, any Mt~rsal therein or p~~t tMnof, unl~u in th~ form'and with tM lois payabl~ as ~fa~aid: and in tM tv~nt any sum of ma+~y becomes p+yable wth po~ieY or Pc~icKS s+id MORTGAGEE sAill Mw tM option ro receiw and ~pply tM sar~ on atcouM.of tF~ ind~bt~d ewss Ncw~d Mr~by a ro pKmit ~aid MORTGAGORS ro rsceiv~ and uss it a any par~ thereof fo. othcr pu.posei, w~~hour ~hc.eb~ waiving a anpai.- tnp ~nY puity, li~n a riphl u~de~ w by virtw of this matpa~es +~d in tlk ~wet aid 1NORTG/1GORS shall fa soy rwwn fail fo kKp fM aid pemitet so inwrsd, w fall b tkliver prony~lly ~ny of said po~icies of insunr+c~ ro aid MORTGAGEE, a fail promptly fo pay fully any premi~m thKefo~ a in a~y re~ f•fl ro p..foein, d'acM~g., execvt~, eH~cL compt~t~, comply wirh ~nd abid~ by this cove~nt, a any part hereof, s+id MORTGAGEE may plsn +~d p.y fa such haw.nc. or u?r pan ~i+.nof withoW walvinp a aff~ctinp ~ny optan, li~n, puity, w riph~ under o~ by virtw of thii Mort~ap~, and tM full ~nount of ~+ch ~+d ~very wch p~ymant shall b~ imrnediately dw and payabb and ~MII beu intere~t fram tM dat~ thereof u~tit p~id a~ tM rat~ ol nin~ pM ca+fum pK annwn and topethe. wirh sucA interest shsll be secured by tM lien of this maty~y~. 1. To p~rmit, oommit or svffa no wute. ianpaument or dete~io?atioo of uid property or +ny p~?f thereuf. 5. To pay ~II ~nd sirgulx tM•cats, ch+?pa and ~apenses, inctudinp a resior?~bk attwney's fee and costs of absnads of titl~, incvrred or paid ~t ~ny tirrw by ~aid MORTGAGEE, b~c~~rs~ or in tM went of the failwe on tM pah of th~ said MORiGAGOR ro duly, promptly u~d fvlly pNiwm, diuMrgR •xecvt~, ~ffed, oomplet~, complp with ~nd abtd~ by ~ach +nd every the ttipulations, ap~e~ments. conditioro, and aovenanK of said promissory nob ~nd rhis nlOft91~ My W litlMl. ~nd s~~d oosis. chuqa ~nd ~apen~es. ~sch and ~ve~y. ~}ull be immediately dw ~nd p~yabtr, whe~her a not then be norici d~ msnd, ~nempt ro aollatt w suit pendin9: and tl+~ f~ll ~mount of each and every wch psYmeM shall beu interest irom tM date thereof ~ntil paid at the rare of ~n~ per antum per annum; and all said ccsts, cMrges ~nd expenses incwred or paid, topether w~th wch inter~st, sh~ll M aacwed by th~ li~n of tFiu rnwq+p~• e. ih~t in the ~wnt of ~ny bre~ch of this Matysp~ o~ defavN on flr part of the MORTGAGOR, w(b) in the went ~ny o1 w7d wms of momy henin r~ferred to b~ not promptly and fully paid within thiry (30) days next after the ~ ieverally bicoma due ~nd pay~bk. without dan~nd a notite, w W in th~ ewM each and ewry tlk stipulations, preemenn, conditions snd cow~+nts of s~~d pan'asory note ~nd tl+ii mortpspe ~ny a ei~hK an ~wl iuly, pro~ry .r~d f„iN p..fo~m.d. dixharped. ~aewted, effected, compl~ted, complad with and abided by, then in either or any such ewnt tM said a~ pre~b wm mantia~ad in said promissory note tMn remsininp ~npaid, with interest scuued, and ~II ma~eys secured hereby. sMll bec+om~ dw and pay- able forthwith, a thersafte~, at the oprion of said MORTGAGfE, ss fully and u~npletely as if ~II of the said suma of mon~y wer~ oripinally s~ipulsted to b~ paid on such day. anythinp in said promasory note or in thts N1wtg~ge ro the contrary notwithsandtng; +nd thereupon a thereaha +t tM optan of said MORTGAGEE, witlw~t notice w dem~nd, wit at law or in equity, thaefore or thereatter be9un, may be proxcvted u if ~II money~ secvr~d hsreby had matwed prar to iri instilution. 7. That in the event that at the beginning of o~ st ~ny time pending aoy suit vpo~ this Mwtgage, or to faeclw~ it, w to ~efwm it, or to enfwq psym~nt of any cla~ms he.eunder, ssid MORTGAGEE shall apply to the Coun havirg jur~sd~d~on thereo( fw the appamrn~nt of a Rxeiva, such Co~N shall FortMviM ~ppoint a receiver of taid mortgaged properfy ell and singulu, includmg sll and singuls~ the incant, profits, iswes and rtvenues from wMt~ver souru d~riwd, esch and ~very of which, if beinp expreuly unde~s~ood, is hereby matgaged u if specificaly ~et forth ~nd d~wibed 6~ the yrantinp ~nd habendwn tlaustt hereof, and wd+ Receive~ shall have all the b~oad ~nd effective funcnons and pOwerf in ~nywifR Mtr~ttd by • Court ro• Receiver, and tuch ~ppointment shall be mads by suth Court as an admitted equity and a m+tter of •bsdute right to said MORTGAGEE, and withoul reference to the adequscy or inadequacy of the ralw of the property mo.t9+ged os to the sowency a insolvency of said MORTGAGOR a ~he defendann, and tlut such renn, profits, iocome, issues u~d ~tvenu~s sMll be sppliad by such Rcceirer accord~ny to tM lien or equity of s~id MORTGAGEE and the pr~ctic~ of such CouA. 8. To duly, promptly a~+d fully perfwm, dxMrge, execute, effect, compkte, comply with ~nd abide by each and svery the stipulatioru, agreeme~b, conditioen and covenams in said promiuory note and this mwtysge set fath. 9. That in the eve~t the ownenhip of the ~nortgayed premises, w ~ny part thereof, becomes vested in • penon other thsn the MORTGAGOR, th~ MORTGAGEE, iri successon ~nd ~ui9ns, may, withovt notice to the MORTGAOR, desl with such successor o~ :uccessw in intera/ with refcrcnce to thi~ mor~9ape and the debt hertby secvred in tFK same manner as with Mwtgagor wifhout in any way vitiatinp a diuharging the Mort9agws' (isb~liry Fkrr under or opon the debr hereby secured. No sale of the premises hereby mo.t9aged and no torbearance on fhe part of the MORTGAGEE w in :uccessors w ~uig~s ud no ez~ensan of the time for tl+e paymcnt of ~he aeb~ hercby secured yrven by the MORTGAGEE or its wccessora a su~gns, shall operate to r~lease, dscharp~, modifp chanpe w affect the oriyinal li~bility of the MORTGAGOR herein, either p~ whole or ia p~rt. 10. If is specificaliy agreed that time a ol the essence of tha contract ~nd tMf no waiver of any obfiyation here~rnder or of tM oblgation sr n.red haeby s)wll at ~ny tim~ thereafta be held to be a w~iv~? of th~ terms hereof w of the instrument iecured herby. 11. In addition ro the fwego:ng ma+thly payments of princ:p,l and interest required by the promissory nore secured hereby, mortysgor cove~ants and prees to psy ro mortgagee with exh monthly p~yment an addirionsl sum esGmated by mwtgsgee to be equ~l to 1/12 of the annual coat of the follow- - A-All r~al properry taxes kvied w sssessed against the above desvibed ~eal esute_ . i 6-Premiums on fite snd windstorm insw~nce u herein requ'aed to be urricd on the imptovemenb sitwte on the above desvibed premises. I ry' gagce shall from time to time deem fit to urry on the Iwn secured hereby. j C-Pr~miums on s4ch mort9age ywran ~rourance as mort ~ Mortqagee shall from time to time noti#Y mort9agor in writing of the smount due snd payable hereunder a~d such wm shall thereupon be due ~nd payabl~ on the due datc of the next monthly paymem and esch successive month ~hercafrer unril mortgagee shall notify rnortgago~ of s change in wch E amount. Sud~ wms shall be +pplied by mortyagee toward fhe payment of real property taxes. insurance p~em:ums, and mwt9age 9wranty irowance premiums. - IN WRNE55 VYHEREOF, the said MORTGAGOR h~s hereunto set ha hand and ieal the day snd yesr first afaesa' . i i d. S~al ~ed del~varad in the presenoe of: . ? X • n ss ae a A Fo er ~i ~ W tne STATE Of FLORIDA n ~ ~ courrr~r oF ~ALin 17 E.~l c N . p~~,~~y ,pp.,red (~e erQi~A A~ FnrtnAr _ A wi dnw~ ~ the individwltd~w~bed in and who ~xecuted the for instrum~nt, and acknowl ~fa ~w ~ to me well known and krwwn to me to epoi^9 ed~ed ~e1? ~xecuted tht sam~ 4w ths purpose~ ~ rherein ~~~sf~d. Ar~ M+t w%~ ~ wih ~ 1Mr t~H ~ s /ra~l~~Ile~'prit~ eecwdnMie~r by~w~akw?~epws~ a~ ~p~t franrNer's~id fwsl~nd-aNnawwdne~ ~e'~nd'blfor~ tnr tM ~N! '!~!lOt~ ~ ~1lIU1F ~+niir-awi rri~i»tA~ ~pr ww~ki~ yowad~i~ -~i~wow,~r -ef~ er-fese? I+or wid i~sab~ntk :~j ~ ~ ' ~ ~:,+'s= ~ VYITNESS my I~d and off'~1 seal thi day of . A; ~ F~ AND ? • Public in and for ' `~t-i~rj~? . ~v ~ED. . RECORDEDMy ~ ~ py- : tt~~ t« - B 0 O K - ~ ~ . / l firq r.d..d s.v:ap. a lo,n A.s«iation -oZ P~Q- . Of fort Pierce. ~~LGO/j~e.~. ~'~Otity PII~ti. StitB ~1~~ ~!7'~'!- ~ P~n~ ~ '66 MAR I S PM 3'~ 4 7 ~1 Cor.~rnusian Ezp~ra Qit. i. r~ y` ``~i ~~I.~,y ' b.e~d tr ns.cKSa Fiis i d+.rrt G. .b}~',,; . -~435~;! ~ ~ F~ti~ ~ R6GER Pp~iRKS. CLERK i'; ~ ST. LUCIE COUNTY. s..~~=' s - _ ~ I' ~:L° ::ci - , FLORIDA j ~ _ _ . -a ~ `.~`~~-'~''I%- ` S - ~ ~ o : 1(/~'`~ _ ~ ~ . ~ . . f \ a: ~ . •~~~snNN~j``~ . ~~v\~~` } ~ ~ . . •.~t• t': S~ -O .n ~ ; ~ .1,,...... $oox~~ ~ ~ ~ _~~f ~ ~y,~,~ _ - - - _ ~ . _s,-~_~T~ , :~~,~r~ . , . .