The URL can be used to link to this page

Home My WebLink About1283 J. To plx~ and continuouily keep on the bui!dings now a M~eafter ~ituate on sa~d land and on all equipment +nd penonally covtred by thi~ mort¢ sy~, w~Ih all prsmiv++A thercon pa~d in full, t~re ins~rance ~n the usual standard pol+cy fam, ~n a sum approved by ~he MORTGAGEE, and windstam in~~r~nc~ in the ~swl tundard po~:cy fam, in a sum ap~voved by ~he MORTGAGEE, in such company w compan~e~ as tM MORTGAGEE m~y dirtct; and all iir~ and wi~dstorm insurance policies on any of said build~n9s, ~ny interes~ therein or pa.t thereof, in the a99rcg+~e sum aforewid w In ~xuu thucof, shall conlain ~he usval ilandard ma~gagee clause o~ such o?her clause +s the Mwtyagee c+ay requin, m~kinq the loss under ia~d poli~ des, e+ch and every, payable to said MORTGAGEE +s Its inrereit may appear, ansl each artd evc.y such pol7cy shatl be promptly ass:gncd and delivered ~o ~ny held by said MORTGAGEE ~s ~urther sscv~~ty to taid morty~ge debt, anJ. not leu than ten (10) daYS i~ advance of the expirat~on ot esch pol~cy. to dr Ifv~r lo ~id MORTGAGEE a~cnewsl thereof, togNher with a receipt iw the premium of such renewal; and ~her~ shall b~ no fire or windato~m inturae~c~ plsad a? ~ny of aaid b~ildings, any interest there~n a par~ thereof, u~leu in the forrn'~nd with ~M Iou payable as aforessid; ~nd in the evenl any ium of mon~y becanes p+yable under such policy p poGcies saiJ MORTGAGEE shall haw the op~ta+ ro receive and apply the ume on ~ccoun~ o~ the indebfed- neu secyr~d he«by w 1o pe+mit said MORTGAGORS ?o reteive and uu if p any part lhereof for othcr purposes. ~v~thout th_rehi waivi~ig or ~mpair- ;n9 any pu;ty, lien or riyht unde~ a by virtve of this mortppe; and in the ~ve~t sa~d MORTGAGORS shall ~w ~ny reason fsil to keep the said premises w insured, or fai) ro delive~ promptly +ny of sa~d polKies of insunnce to ssid MORTGAGEE, or fail promptly to pay iully any pramium therefw w in any respect fail b pe.fonn, discha.ge, exec~te, effect, complete, comply with snd ~bide by this covenant, a any part hereof, said MORTGAGEE m~y plsce and pay fw such irauranc~ or u~y pan thereof without w~tvirq w ~ffectinp any option, lien, eqvlty, or right under w by virtu~ of this Morfga9e. •nd the full smouM of tsch and every such payment shall b~ immediately due and payabls ~nd shall be~r interest from the dst~ thereof untit paid M tM rate ol n~ne psr centum pe~ artnum and toge~her with sucA intcrest shali be securcd by the lien of this mortyaye. 1. 1o p!?mit, tommit or sufftr no waste, impairr.~eM or deteraratan oi said property a any p~rt thereof. 5. To psy all and sirgular the.costs, charges a~d expenxs, includ:~g a reasonable ~ttaney's fea and costs of sbstracts of title, incurred o~ pa~d st any time by uid MORTGAGEE, because o~ in the event of the failurs on the part o• the said MORTGAGOR to duly, promptly ~nd fully perfwm, d~uharge, execute, effsc~, tomplete, comply w~th and ab;de by ea~h and every the stipulations, +greemenn, conditions, and covenanb of said promissory nots and this mortg~ye any o~ either, and sa~d costs, charges and expentes, c~ch and evcry, shall be immediatcly due snd psysble; whether w not there kx notice ds mand, attempl to tollett q}uit pending; and the full amount of e~ch and erery such payment shatl bear iNerest from the date thereof until p~id al the rare of nioe per centum per annum; and all said costs, charges and expenses incurrcd or paid, logelher with suth interett, ~hall be setured by 1M lien of thu mortysy~. 6. Th~t in tF?e event of any bresch of this Mn.tgape or default on the part of the MORTGAGOR, a(b) in the event any of ss~d sums of mo~ey herein referred to be not promp~ty and fully paid within thirty (30) days ne:1 afte. the same severally become due and psyable, without demand o? notite, or in the evMt exh arx! every the stipulations, agreements, condltions aod toven~nri of sa~d promiuo~y note and th~s mwtgsge any w either art no1 iuly, promptly and fully periormed, di:charged, exetufed, effectcd, tomplered, camplied with and abided Sy, then in either w ~ny suth event the said a¢ gregate ium mc~+tioned in said promissory note then raaainiog unpaid, with interest scuued, s~d all moneys sccured hereby, shall become dut and psy- able fathwirh, w thereafter, ~t the option o} said MORTGAGEE, as fully a~d completely as if all of thc said sums of money vrere originally ttipulated ro be ~d on such da , an ~hi ~n sa~d rom~s note or in ~his Mort e to the conrrar rrotwi~hstand~ and ~hereu w thercafter at the ~a~ of ` P+ Y Y ~+9 P ~?Y 9+9 Y ^9% P~ oP said MORTGAGEE, without notice o~ demand, tuit at law or in equity, tFi~refore w thereaher begun, may be prosetuted as if all moneya secured htteby had matured pnor to i~s institution. 7, That in the eve~t that at the beginning cf or at any tEme pending soy su~t upo~ this Matgsge, or to faeclose it, or to refwm it, o? to enforce payment of any claims hcreunder, said MORTGAGEE shalt ap~.~y to the Court having jurisdfalon thereof for ~he appomtment of a Receiver, such Court shall fortliwith appoint s receiver of said mwtgayed property all ~nd sirg~tat, includ~ng all and singutar the income, p~olits, issues and revenues fran whatevcr ~ource derived, each +nd every of which, it being expres~ly understood, is hereby mortgaged as if spet~tically set forth and destribed in the g?anting snd hsbe~dum clauses hereof, and such Receiver shatl have all the Moad and effective (uncnons and powrrs in anywise entrusted by a Court to a Receiver, and such sppointment shall be made by such Court as an aomitted equity and a matter of absolute right to said NtORTGAGEE, and without reference to the edeqvacy w inadequacy of ,the~ value•af the property mortgaged or to the sorvency or ~nsolvency of said MORTGAGOR or the defendants, and ?hat iuch renes, profite. incdni, iuuXs +nd revepue~ shall be spplied by such Receiver accord~n9 to the lien w equity of said MORTGAGEE and the practice of such CouA. . • • 8. To d~ly, promptfy_and fully periwm, diu~+a?ge, e:ccute, effect, complete, comply with snd abide by each and every the stipulations, agreements, conditaro ~nd covenants in sa~d ~sromifsos~y note and th7s mortgage set forth. - 9. That in the event the ownership of the mortgaged pranises, or any part thereof, becomes vested in a perton other than fhe MORTGAGOR, the MORTGAGEE, its succeua~ a'nd aas~gns, may, without no~ice to the MORTGAOR, dcal w~~h such successor a successar in interest wi~h refc~ence to thia z mortgage ~nd the debt he:eby secured in the same manner as with Mortgagw w~thovt in a~y way vitiating w d~xha~ging tFx Mwtgagors' liability here- under oi upon the debt !~ereby secured. No sale of the Fremixs hereby mortgaged snd no forbearance on the part of tlx MORTGAGEE or its successws or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate ro rckase, discharge, modify ch~nge w affect the wginel liability of the MORTGAGOR herein, eiNxr in whole w in part. 10. It is specifically agreed that time is of the esunce of this contract and that no waive~ of any obt~gatan hereunder or of the obligation se- c~red hereby shall at any tune thereafter be held to be a waiver of the terms hereof o~ of the instrume~t secu.ed herby. t 11. In add~tion to the fwego:ng monthly payments of princ'pD! and interest requ~r~d by the promiswry nore secured hereby, mortgagor corenants and agrees to pay to mortgagee with each monrhly payrnent an addirional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the foflow- , inq: A-All real property taxes levied or assessed against the above deuribed real estate. B-Premiums on fire and windstwm insurance as here2n requ~red to be car:ied on the improveme~ts situate on the above d-scribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. ~ Mortgagee shall from time to time not~fy mortgagor in writ~ng of the amount due and payable hereunder and such sum shall the~eupon be due and ~ Fayable on the due date of the nezt rtanth:y payment and each successive monrh thereafter ur.tit mortgagee shall notify mortgagw of a change in such i amounl. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~ed mortgage guaranty insurance , t premiums. ' IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year {fjs orewid. /~Sip 5 ed nd ~djIiver 'th~ qcsence of: /GJ ~ a~ t ~ L~i ! ' • f ' (Sea•1 ~ ~an ~ STATE OF FLORIDA ~ St. Lucie courmr oF Before me perwnally appeared C, •7 . C T'1 S't and Irene Ci Z'18 t his wife, to me well known and known to me to be the tndividwls desuibed in ~nd who execvted tFx forego7ng instrumenL and acknowledged before me that they executed the same for the purposes 1 therein expressed. Md the sa~d Irene Ci2'lSt ~ C . J. Crist ~ wife ot the ~aid upon a separafe a~d privats 1 ~ exam+nstion by me taken separate and apart from her said husba , scknowledged to snd before me that the ezecuted said instrumeM freely and volun- rarily snd withovt any compuliwn, constraint, apprehensia~ ar of or from htr said husband. ~ ~ WITNE55 my Mnd a~d official seal this V day of Ma rch a p ~y 66 ~ ~ ~ " Nmary Public in and iw the State of Fbrida at larpe ~ My Commiuion expires: ~ Retum To: ` i ~ Fint Federal Savings 3 lwn Association R D E D ilO:ary PJ'.~ic, State ~i Florida at Luqe ~ ~ Of Fort Pierce. ~ Fw+ PK.~. Florida F I L , yr~ E c y 0 0 K My Commission Expnes Nor. 3. 1969 ~ t~. ~ ~oaded !r Am•r.cao Fa• 6 Gwdh Co. • ~ ~ ~ . ~Jf~%~~ :...p: t:, . } 7 ~ ~ ~t:LSI~:'. ~ ~ ; ~ ~„~oy ~ ~ ~ . • • Au (1 • O~ . ~ _ ~ ~ . _ : - 'C~6 t'sAR 21 w9 • ; ~ . ~ • _ ~ 1 y'= _ • ~ _ . . ' . ' ' . ~r ~ ` ' _ . ROGt;. ; ~ t:~ ~."C~RK _ . ~ - s : ~ - $T. .LUClE COUivTY. - _ ~ : _ . FLORIDA ~ . ' , , ~ ~ - ~ - o ~ 141 - ~1 - ~ • . Boox $Q - - . ~ ~ . " . _ . f , - ~ ~ : : ~ _ ~ , - : ~ : ~ :s ~~,t;~