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Home My WebLink About1287 To pix~ and continuousiy keep on tiu bu~ld~ngi now or MreaftK situate on s~id land and on all equipment snd parwnally cov~r~d by this mwp- ag~, with ~ll prtmi~~ thercon paid in futl, fire insuronce in the u:ual standard poticy for~i, ~ a ium approved by the MORiGAGEE, u+d wi~tam insuranu i~ the vtwl itandard pol;cy fam, in a sum ~pproved by the MORTGAGEE, in fuch canp~ny a canpan~es +s the MORTGAGEE may dirtcy and •11 fir~ snd windstorm insurante policie~ o~ any of said build~ngs, any interest therein or part tFxreof, i~ ~hs a99re9a?e ium afaes+id a In ~xcesf t f, ihall contain the uswl standard matqapee clause w iuch o~her clauie ss the Matgsgee may ~equ~re, makirg tM b~~ unda sa~d pol~ ciq, ~~ch ~Hy, payable to ssid MOR'rAGEE as its interest may appear, and each and every tuch policy shall be promplly ~~a:9~ed ~nd delivered ~o any held by iaid MORIGAGEE as fu~ther saurity to said mortgaye debt, and, not leu 1M~ fen (10) days in advance oi ~he espiration of each poliq, to de- i I~vN to ~id MORTGAGEE a renewal thereof, tope~her wi~h a rcceipt (ot the p~emium of such renewal; and the~e shall b~ no f~re or windstorm insurance pl~ad on +ny of uid buildtngs, ~ny interest tAere~n or part thereof, unless in ~F?~ form'and with ths loss pay~ble aa afwes~id; and in tha event any sum of mon~y becoma payabte under such policy or pol~cies aid MORTGAGEE shall have fhs op•ion to receive and apply the same o~ accouM oY tM indebted- ness secv~ed haeby a to permit said MORiGAGORS to reuive snd us~ it a any par~ thereof for oth~? p~rposes, w~~hout ~h:~eb,r waivi~~g or ~mpair• iny any puity, lien w rght unde~ w by vutve of thii mortpage; and in ~he event taid MORTGAGORS shall fq any reason fail to krep the aaid p~emises w insured, w f~il b deliver promPllY any of said nolicies of insur~nce to s~id MORTGAGEE, w fail prort:p~ly to pay fully aey premium fhercfor w in a~y respect fail to perfam, discharge, execute, eifect, complete, comply wirh and ~bide by thii covenant, a any part hereof, said MORTGAGEE may place and paY fa such ieuuranc~ w sny part thereof without wsNinp w•ffactinp any option, li~n, puity, o~ right under w by virtue of th~s Mo.t9sye. and the tvll amoun~ of each u~d ew~y such payment shall be imm~di+tely dw ~~d paysble and sAall bear inttrest from tM dat~ thereof umil paid ar the rate of nirw per centum pa snnum and together with sucA interest shall be secured by tM tien of this mortg+ge. 1. To pKmit, commit ot sufia ~o waats, imp+irment w deterarstan of iaid property or ary p+rt thereof. S. To pay ~II ~nd singulu the.costs, char~es ~od expenscs, inclue+:~g a reasonable attane~•'s fee snd costs of sb~tracts of title, incu?red or ps~d a~ any time by said MORTGAGfE, becaus! or in the erent of the fsilure on the pah ot the ssid MORTGAGOR to d~ty, promptly and fully perfam, d~xharge, execute, effeN, complete, comply w~th and ab~de by each and every the sY~pulations, sgreements, conditioru, and covenann of said promissory nore and ~his mortgape any a either, and sa~d costs, charges snd expentes, each and erery, shall be immediately due and payable; whether or not there be notice da mand, attempt to tolkct or wit pendiog; and the full amouM of esch and e~ery s~ch paymeM shall bea. inter~t from the date thereof until paid at the rate of nine per centum per amwm; and all said ccsts, charges and expe~ses incurred or paid, together with suth intereit, ihall bt ~t~cured by tM lien of thi~ mort~a~s. 6. Th~t in the event of any breach of thi~ Matgage w deiault on the part of the MORTGAGOR, or (b) i~ the event any of uid sums of money i hcrcin r~fened to be nof promp~~y and futly paid within thi?ty (30) days next after the same severatly become due and payable, without demand w notice, or in the eveM e+ch u+d every the slipulations, igrcrments, conditions and tovensnts of ia~d promissory note and th~i rr~orlgage any w either are oof iuly, promptly and fully psrformed, d~uharged, executed, effected, tompleted, compl~ed with and abided by, thcn in either w any such evem the said ag yregste wm met~tarxd in iaid promissory rate then remaining unpaid, with imerest acuued, and all moneys sccvred hereby, sAall betome due and pay- able forthwith, or thereatter, at the option of said MORTGAGEE, as fully snd comple~ely as ii sll of the said sums of money were aiginally sNpulated to be paid on such day, anything in sa~d promissory note or in this Mwtgage to the contrary notwiths~anding; and Ihereupon or thereahe~ a? the option of said MORTGAGEE, without notice w demand, wit at law w in equity, therefwe or tFKreaher begvn, may be prosecuted as if all moneys secured hcreby had matWed pr~0~ to its irtstitution. 7. That in the evenf that at the beginning of or st sny time pending aoy suit upo~ thia Mortgage, or to faectose it, w to refam it, o? to enforce payment ot sny claims hereunde?, said MORTGAGEE shall apply to the Court having jur~sd~ction thereof for the appo~ntment of a Rxeiver, tuch Court shall fortFiwith sppoint a receiver of ssid mortgaged ptoperty all and sir?gular, includ~ng all and singular the income, profits, issues and revenves irom whatever seurce derived, each and evcry of which, it being eapressly ur?de~stood, is hereby mortgaged as if specif~caity ut forth ~nd deu~~bed in the g?anting and habendum clsuset hereof, snd such Receiver shall have atl the broad and effective i~nct~ons and povrers in anywise entrusted by s Gourt to a Receiver, and such sppointment shatl be made by such Court as +n admitted equity aod a matter of abwlute r~ght to said MORTGAGEE, a~d withou~ reference to the edequscy a in+dequ~cy of the value of the p~ope?ty matgsged or to tlx wtvency w insolvency of said MORiGAGOR w the defendants, and Ihat such rents, profib, incane, iutr_s aod revenues sFwll be ~pplied by such Receiver accordiny to the lien or equity o( said MORTGAGEE and the practite of suth CouA. 8_ To duly, promptly and fully perform, dixharge, execute, eifcd, complete, comply with and abide by each and every the stipulations, ag?eements, conditans and covenants in wid prom:ssory rw:: and this mortga~e set fath. 9. That in the event the ownership of the mwtgsged premises, or any part thereof, becomes vested in a pe~son other tFwn the MORTGAGOR, the MORTGAGEE, i~s successors and assigna, may, without notice to the MORTGAOR, deal wifh such succeuw oi successor in interest with refera+ce to thia mo~tgage and the debl hereby secu~ed i~ the same manner as with Nbrtgsgor without in e~y way vitiating a d~xharging the Nbrt9agors' liability here- under or upon the debt hrreby secured. No ssle of ~he prem~ses hereby mortgaged and no (orbearance on the part of the MORTGAGEE or its successors or +uigns and no extension of the time iw the paymem ot the debt hereby secured given by the MORTGAGEE or its successors or auigns, stiall operate ro release, d~scharpe, nadify thange or affect the aiginal liab~l~ty of the MORTGAGOR here~n, either in whole a in part. 10. It is spec7fically agreed that time is of the essence of this contracr and that no waiver of any obligatwn hercunder or of the oblgation se- a,red hereby shall ~t any time thereafter be held to be + waiver of the terma hereof w of t}?e instrument secured herby. t 11. In addition to the forego:ng monthly payments of princ'pDl and interest required by the prom~ssory nore secured hereby, mortgagot covenants and agreea to pay to mortgagee with each monthiy payment an add~iional sum es+imated by mortgagee to be equal to 1/12 of the annval cost of the follow- ing: A-All real prope?ty taxes levied a assessed against the above deuribed real estate. y B-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the improvements situate on the above dascribed premises. C-P~emiums on such mwtgage guaranty insurar,ce as mortgagee shall from time to time deem fit to csrry on the loan secured hereby. i Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and i payable on the due date of the nexl monthly payment and each successive month thereafter ur.til mortgagee shall not~fy mortgagor of a change in wch ~ amount_ Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance I premiums. [ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ~nd year fint aforessid. ~ Siyned, Sea and de ' ed in the presence of: ~~;~[,l2Lv ~d?~:31(.C..CSZ (Se~q a rc'+4 ~-.n , STATE OF fLORIDA 1 ~ St. Lucie i ~ defae me penonslly appeared E 1 i z a R o ehe 11 e, a wi d ow ~ ~ to me well krawn and known to me to be the individw davibed in and who executed the foregoirg instrurrxnt, and acknowledged before me that they executed the same for the purpoaes rherein expresfedJ~[]~934p67i~fd( ~ ~Xi.Y~L Y ~ ~ ~ ` WITNESS my h~nd and official sesl thi: l9 day of A. D. 19~SZ6 ~ Notary P ic i~ and tw the State of florida at Larpe ? My Commission expires: ~ F~nt F~~~_ a~`"~ c~~ ~I~RDE~ notary Pubxc, ~tate of horid• at ~:arae ~ P~~K M Commiss:on Expir~s Aug. 6, 1967 ~ .~;~•Af F,qr. ~'rty~; l•.1 Bo~~d 9Y Amcncan Sunby Co. of N. Y. ~ •.Fcvh 97eftb.~rida ~ ~ ~ t' , C~~^'- ~ ~ i,: ~~~J~;, ~ - ~ t r• fJ ~•~~~~'I • 0 .t ~ . f ~ ~ ~ . ~ • 2 ,.~A c: . ~ ~ . ~ r • '?66 t~R ~'.t v t ti ( Y ~ ~ ' ~ - - . ' t~ ~ z ~ ;~~,5. C~E~K ~ ~ R~~~~-, r~,. ~UNTY - ~ ~ : . ~ ST ~UC~R pA ' = - ~ F~- _ . ~ BooK 141 . 84 ~;.......t ~ . _ _ ~ p } ' L~ ,S"J #~°~ri ~~=`~a ~ . ~ ~V _ _ _ ~