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Home My WebLink About1701 To p~ace and continuou~ly kcep on the bu~!d~ngs rrow or hereafr~r situate on sa~d ~and and o~ all equiprnent and pe~sonally tovtred by thii mort¢ sge, wilh ~II premiunri Ihercon pa~d in full, f~re ins~~ance in thc usual standard po~icy fo~m, rn a sum app~oved b~ the MJRiGAt'aEE, •nd winditorm ~nsurance in tM usual s~andard po~~cy fwm, in ~ sum approved by the MORTGAGEE, in iuch company o~ compan~et as ~he MORTGAGEE ~nay d;rKl; +nd +11 fire ++~d wlndsrorm insurante policie: on a~y of said buildings, any interesl therein or pa.t thereof, in the +9greg~te sum afaesaid w ln ~xceu Ihereof, iMll contain the uiual standard ma~gagee clause w such o~hN dsus~ ~s the Mor~gagee ~nay requ~r~, makinp the loss unde~ sa~d po~i- ciss, e+ch ~nd every, payable to said MORTGAGEE as its intere~t may appear, and e+ch and evc~y svch policy sha~l be promp~~Y +ss gned a~d delivered to •ny he~d by sa~d MORiGAGEE ss further iecurity to ssid moripage debt, and, r+o1 less tha~ ten (10) days in advance of the expir~t~on of each pol3cy, to da live~ to taid MORTGAGEE ~ rentwal thereof, together wiih a reteipt fw the prem~um of such renewal; and there shall be no fire o? windstorm insunnte plsced on any of said buildings, any intcrest therein or part thereof, unless in tht forni and with the loss payable as aforcssid; snd in fhe event any sum of money becanes payable undcr such policy a po~K~es said MORTGAGEE shall have ~he opt~ors to receive and spply the same o~ account oY the indebted~ ness secvred her~by w to permif said MORTGAGORS to reteive and use i1 d any part thereoi 1or other purposes. ~v~~hout th:rcb~ wa~vi~~g or unpa~r- ;ng any eq~;ty, I;en or righl unde~ or by virtue of this mo:tgage; and i~ the evc~~ sald MORTGAGORS shall fa a~y reason fail to keep ~he s+id premises so ins~red, or fail to deliver promptly any of said polK~es of insursnte to said MORTGAGEE, w fail promptly 1o pay fully any prem~um therefp or in a~y respect fail ro perform, discF~arge, execvte, effect, complete, compty wi~h and abide by th~s covenanf, a any part hereof, said MORTGAGEE may place and pay ta tuch insur~nce or any part thereof without walving w affecting any option, lieo, equity, a right unda or by virtw of this Matgage, +~d the full amount of each s~d every wch payment shall be immediately due and payable and shall bear iroerest from ths date ttxreoi until paid a1 the rate ot n~ne per centum per annum and to~ether wi~h sucA interest shall be secured by the lien of thii mortgage. 1. 7o permit, co:nmit or suffe~ no waste, impairmero w deterioration o( said property or anY pa?1 thereof. S, To pay sll and si~gular tM <osts, cha~ges ~~+d expenus, including a reasonable attwne~'i fee and costs of abstracn of title, incurred w paid sf any time by said MORTGAGEE, because a in the event of the failure on tF?e part of the said MORTGAGOR to duly, promptly •nd fully pe~fam, d~scharge, e:ec~te, eficct, complete, comply with and ab;de by each and every the stipulations, agreery+cnts. condltia+s. and mve~unts of ssid promiswry note and thi~ mortgage any o? e~thea, and u~d costs, charges and experses, each a~d every, shall be immediately due and payable; whether a not there be not~ce d~ mand, ~ttempt to cotlett a suit pend~ng; and the full amount of each and e~•c.y such payment ~hall be+~ in~erest i~om the date thereof until paid a~ the ra~e o~ nine pe~ centum per annum; and all said costs, charges and expenses ~ncurred a paid, togelher w~th such interest, shall be ucu~ed by the lien of thif mortpsye. e. Th~t (s) in the event of any breach of this Mortgage o+ default o~ the part of the MORTGAGOR, or (b) in the event sny of said svms of money herein referred to be not prompny and fully paid within th~rty (30) days next after the same severally betome due and payable, wilhout demand or no~~ce, or (c) in the event esch snd every the stipulations, sgreements, co~ditions and covensnts of u~d p~anisswy note and th~s mo+lgage any or ci~her are not ~uly, promptly snd fully perfamed, d~uharged, executed, eifected, compteted, compl~ed with and abided ~y, then in e~~Fx~ or +~y such event the said ag gregate wm mentar~ed in said promiuwy note then remaining unpaid, with interest ~ccrued, and all moneys secured hereby, shall become due and pay- ebte forthwith, w thereafter, at the opt~on of said MORTGAGEE, as fully a~d completely as if all of the said sums of money were agin~lly supulated ro be paid on s~ch day, anything in sa:d prom~sswy note or in this Mw~gage to the co~~rary notwi~hstanding; and thcreupon a lhereaiter et the op~~on of said MORTGAGEE, wiihout no~~ce o~ demand, suit at law w in equity, theretwe a thereal~er begun, may be prosecuted as if all moneys secured hertby nad matured prwr to its institution. 7. That in the event that at the beginning of or at any time pending aoy suit ~pon this Mortgage, w to fweclou it, w to re(wm if, or to enforce payme~t of any claims he~eunder, said MORTGAGEE shall apply to the Court having ju~~sd~ction thereof for the appo~ntment of a Receiver, such Court shall FortFiwtth appoint a receiva of said mortgaged property all and singular, includ:ng al~ and singvlar the income, p~olits, issves and revenues from whatever source derived, exh and every of wh~ch, it being expressly understood, is hereby mortgaged as ii speufically set fath snd de:uibed in the g~anting and habendum clauses hereof, and such Receiver shall have all the broad and effective furxt~o~s and powers in anywise entrusted by s Cov~t to a Rcteiver, and •~ch appointment sha~l be made by such Court as an admitted equity and a matter of a4solute right to said MORTGAGEE, and without reference to tl~e edequscy or inadeqvacy of the valve of th! property mo~tgaged or to the soivency or insolvency of sa~d MORTGAGOR o~ the defendants, and that such renta, profits, inco+ne, issues ard revenues shall be apptied by such Receive~ atcord~n9 to the lien w eqvity t~f sa~d MORiGAGEE and the practice of such Co~A. 8. To duly, promptly and fully perform, discharge, execute, ef(cci, complete, comply with aad ab~de by each and every the stipulations, agreements, conditans and covcnants in sa~d promissory note and this mortgage set,falh. 9. That in the event the ownership of the mortgaged premises, a any part tixreol, bccomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, its auccessors and assigns, may, withoul no~ice to the MORTGAOR, desl with such succeuor or successw in intcrest with refere~ce to this mortgage and the debt hereby secured in the same manner as with Mortgagw without in sny way vitiating or d~scharging 1he Mongagori liability here under or upon the debt hereby secured. No ssle of the premises hereby mortgaged +nd no forbearance on the part of the MORTGAGEE a its succeswrs or sssigns and no extension of the time for the payment of the aebt hereby secured given by the NtORTGAGEE or its successors w ass:gns, ,hall operate to release, discharge, modify thange or affect the original liability of 1Fx MORiGACaOR herein, either in whole or in psrt. 10. It is speofically agreed that time is of the essence of th~s contract and that no w+ivtr of any obligation hereunder a of the oblgatan sr a.red FKreby shall st ~ny time thereafter be held to be a waiver of the terms hereof a of the instrumem secured herby. 11. In add~tio~ to the fwego:ng monehly payments of princ"pDl and interest requ~red by the promissory note secured hereby, mort9agor tovensnts and agrees to pay to mortgagee with each monthly payrnent an addirional sum esnma~ed by mortgagee to be equal to 1~`12 oi the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above described real estate. ' B-Premiums on fire and windstwm insurance as herein requ~red to be ca~ried on the improvements situate on the above desuibed p?emises. f I C-Premiums on such mortgage guaranty ins~rar~ce as mortgagee shall from t~me to time deem fit to csrry o~ the loan secured hereby_ € Mortgsgee shall from time to time notify mortgagor in writ;ng of the amount due and payable hercunder and such sum shall thereupon be due and ~ Fayable on the due date of the next monthly payment and each successive month thereafter ur.tit mortga shall notify mortgagor of a change in such amount. Such sums sF.all be app?ied by mortgagee toward the payrnent of real property ta:es, insuranc prem.ums, and mortgage ~uaranty insurance ~ premiums. _ I WITNESS°WHER the wid MORTGAGOR has hereunto xt his hand and seal the day a r first sfwesa'd. ~ led nd del' in the prqence of: / . ~',Z ~ . amue •J arr as Guardia ~n ~ of the roperty of ~,n • Wilhelmina Barr, an incompetent SiATE OF fLORIDA ~ ~ St. Lucie u- couNn oF ~ ~ Before me pcrsonally sppeared Samuel J. Barr as Guardian of the Property of Wilhelmin~ 3arr, an ineompetent JC~i,~i~ to me well known snd known to me b. fhe individuals described in and who executed the fw oi instrumeM, ~a acknowledged before me that they executed tFx sams for the purpose~ ~herein ~x~~a. ~e~ in his sta~e~ cepacity. c ~~.~~~i~ Y~~ ~ 1(Al~ ~7~~o~O~a • / , ,`~~i.~.. WITNESS my hsnd and officisl seal this 2 day of M~ R A. D. 19SRS~ _ - , ~ Noury Public in and fw t~i~e 51~1e~ 0~ Fbr~jd~ N tirpd.'- ~ My Commiuion expires: - ~ ' ' ' _ ~ Rewm To= 4~ ~ ' - finf Federal Savingt 3 loan Associat~on ' ' ~t ~ ~ - - ~ or fo?, P,e«e. FILED AND RECORDED ~ ~ Fprt Pierte: flaida ~ • • /~~p 0 ~ K ~ ~ f~.~~~~~ , . ~ ~ f ic Rp7ARYPUBLIC. p~~RES AYR''29'•l~~ . - . • ~ . ~t~c.l~~ My CpMt~ISS10N ; i ~ ~ _ - _ ~~j~:' '66 N~R 29 PM 2 : 59 . `y ~ ' . 0 i ~ `~tJ~ai )J • ~ ' ROG~(' : :..~.::UNTYRK Sj. LUCIt CO ~ - . . ' FI.ORIDA : . • . ~ R 141 ~98 BOQK ,z-~`3A' _ = - ~ .~~~A ~w_~ M ~ _ = ~ F~~. _