The URL can be used to link to this page

Home My WebLink About2076 To plac~ •nd continuou~ly keep on the buildingt ~ow a hereaite~ ~~tuate on sa~d Iand and on all equipment ~nd penonatly cov~red by thit mort~ +ge, with all premium? thercon pald in full. 1~~e insurancs in the v~ua! standard policy foim, ~n a~unn ~pprovad by the MORTGAGEE, ~nd windstwm ~ insurance in 1he uival ~t~ndard pot~cy fam, in • sum approved by Me MORTGAGEE, in iuch compa~y or compan~es as the MORTGAGEE may d;~eu; and ~II fir~ ~nd w~ndstorm insurance polrc~et a+ any of sa~d build~nfls, any interes~ therein or part thereol, in tM spgrega+e su~n ~fo~es~id or in •~cceu thereof, shall conta;n tbs usual standard margagee clause u such othe~ clause ai tM Mortgagee may require, maMinp the ioss unda ~aid po1F cits. Nch ~nd avery, p~yable to ssid MORTGAGEE af ~~s interest may sppau, •nd each and every such policy shall be prompfty sss:gned ~nd delivered to ~~y held by s~id MORTGAGEf as furrher security to a+d mongage dcbt, and, not leu lhan ten (10) days in adva~ce of the expi~at~on o1 each policy, to d~- I~ver to iaid MORTGAGEE s re~+ewal thereof, toge~ha with a ~Keip1 (or the p~emium oi such renewal; and ~here shall bs no fire o? wi~ds~am ins~ranc~ pl~ced on ~ny of taid b~ildings, ~ny interesl therei~ w part thereol, untess in the form'and with the loss payable as afwes~id; and in the avenl any ~um oi inwKy becomes p+yable w+de~ such policy o~ polKies said MORTGAGEE ~hall have the opt~on Io receive and apply the iame a? account o~ the indsbtcd- neu aacvr~d hereby Ot ro permit s~id MORTGAGORS to ~Keive and use it p~ any part thereoi for othcr purpo:es, w~thout rh>.eu~ ~vaiving o? +mpair- fng a~y puity, liee~ w right uncler or by virtve of th;s ma:~gsge; and ~n the evcnt sa~d MORTGAGORS shall fw any reasa+ iail to keep the ssid p?emise~ so iniured, o~ (ail W deliver promptly ~ny of said polKies of i~sunnca to said MORTGAGEE, o~ fail promptly to p~y fully any prem~um therefor w i~ any reiped fail ro perfwm, d~stF?arge, execute, ~ffecl, tomplete, compty witA and abida by th+s covenant, o~ sny psrt hereof, ssid MORTGAGEE may place and pay (w tuth inw~ance w any pah thereof wilhout wahrirg or affectinp any option, li~n, equity, w rgh~ under w by virtw o( ~h~s Monpaye, and the full ~moum of each and ~wry iuch payment shall be immcdiately due ~nd pay~ble and ihall bear interest irom the dat~ the~eof v~til paid a~ the rate ol nine pt~ tentum per annum a~d toge~hc~ witF~ sucA interest shall be setured by fhe lien OI this matgage. 1. To pe+mit, aommit ot suffet no waste, impairment w dNCrioration of said propetty w any pan thereof. 5. To pay all and sirgul~r the.costs, charges ~nd expenus, including s reasonable attorney i fer a~d co~ts of abstrads of title, incurred o~ paid st any time by said MORTGAGfE, bet+uss w in the tvent of tM faifure on the part of the said MORTCsAGOR to duly, promptly and fully pe~form, d~uhar94 execvte, ~ffetf, complete, comply with and ab~de by exl~ u+d every the stipulat~ons, ~greements, conditions, and covenanh of said promissory note and thi~ mwrgape any w riiher, a~d said costs, charge~ and expcnses, each and every, sha11 be ;mmediately due and psyablr, whetFKr or not there be norice d~ msnd, ~ttempt to cotlect or tuit pend~ng; and the fu~l anqunt of each and r~ery s~rch payment shall bear ;nterest i.om the date the~eof until paid at the .ate of nine pe~ centum per annum; and all said tosts, cha~9es and expenses inturred or paid, together with suth interest, tF?~II be secured by tM lien of thii mort~apt. 0. That in the event of ~ny breach oi this Mortgsgs w default on the pan of the MORTGAGOR, w(b) in the event any of sa~d sums of money herein reterred to be not promplly and fully psid within thirty (30) days r?ext after the same seve~alty beca»e due and payable, witlwut demand w notice, or (c) in the eveM e~th and every tF+e ~tiputationa, sgreements, conditions and covenanta of sa~d promissory note and th~s mortg~ge any a either N~ nol ~uly, promptly and fully pe~fwmed, d~uhargcd, executed, effected, completed, complied wi~h and ab~ded tiy, then in eithe? w sny such eveM 1M ~aid ag preg~t~ wm mentaned in said promissuy note then remaining vapaid. with intcresl accrued. and all moneys secured hcreby. shall become due and pay~ a61e fwthwith, or thereafter, at fhe oprion oF said MORTGAGEE, aa lvlly and tompletely as if sll of the sald sums of money were origin~tly s?ipulated ro be pa~d on such day, anything in sa:d prom~asory no~e a in this Mwtgage to the conuary notwi~hstanding; and thereupon w thereafte~ a~ the op?ion of said MORTGAGEE, without notice w demand, suit at law w in equity, therctore or lhereaftcr begun, may be prosecuted u Ff al! moneys secured hereby. had matured prlor lo its inslitution. , 7. ~That in the event that at the beginning of or ~t any time pending soy suit upo~ this Mortgsge, w to fweclose it, or to reform it, or to enfwce payment of any claims hereu~der, said MORTGAGEE shall apply to the Court having ju~isdlction thereof tw the appomtnxnr of e Receiver, ~uch Cowt sha!! fortliwith appoin! r receiver of said mortgaged property all and iingular, includ~ng all and sengular the income, prolits, issves and revenues from whate~er wurce derivcd, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if spec;fically xt fwth snd desuibed in the granting and habendum ctavses hereo(, ~nd such Receiver shall have all the broad and effective funct;ons and powcrs in anywise entrusted by a Court to a Receive~, and such appointment shall be made by such Court aY an admitted equity and a matter of absolute right to said MORTGAGEE, ~nd without reference to the edequacy a insdepuxy of the valve of the property mw~gaged or to the wtvency w insolvency of said MORTGAGOR or tAe defendams, and that such rents, profits, income, iuves and revenues shall be applied by such Receive~ accwd~n9 to the iien a equity of said MORTGA6EE if~ tFYp PfM11CQ OF sVCA COYA. 8. To duly, prompfly and fully perform, d~xharge, cxecute, effect, complete, comply with and abide by each and every the stipulatians, agreemenis, conditions and covenann in sa~d promisswy note and this mortgsge set fwth. 9. That in the event the ownership of the rtwrtgaqed p?emius, w any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its succeuors and ass~gns, may, without noGce to the MORTGAOR, deat w~fh such aucceua or successor in interest with ~eference to this mortg~ge and fhe debt hereby secured in the same manner ss with Mortgagw without in any way vitiating w discharging the Mortgagors' liability hert under or vpon the debt hereby secured. No sale oF the premises hereby mortgaged and rro forbearance on ~he part of the MORiGAGEE w its succeswrs or ~ugns and no extension of the time for the payment of the debt hereby securrd given by the MORiGAGEf or its successws or ass~gns, shall operate to release, dischar9e, modify change a affect the orig~nal liab~l~ty of the MORiGAGOR herein, either in whole or in pa~1. 10. N is spec~fically agreed that time is of the esunce of this comrac~ and that no waiver of any obligat~on hereunder w of the obligation st ~ a.red hereby shdl at any time thercafter be hcld to be ~ waiver of the terms ixreot or o( tlx instrument secured herby. 1 L In addltion to the forego:ng monthly payments of princ'p~l and interest req~~~ed by 1he p~omissory note secured hereby, mortgagor covenants ; and sgrers to pay to mortgagee with each monrhly payment an add~~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- in9: A-All real property taxes levied w assessed agaivst the above described reat estate. ' B-Prem7ums on fire and windsto~m insurar.ce as he?e~n requ~red to be carried on the ~mproveme~ts situate on the above descr]bed premises. C-Premiums an such mortgage guaranty insurance as mortgagee shall from time to time deem tit to carry on the ban secured hereby. AAwtgagee shall from time to time notify mortgagur ;n writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the nezr munthty payment and each successive monfi~ rhereafrer ur.fil mwtgagee shall notify mortgagor of a change in such amount. Such s~ms ahall be applied by mwtgagee toward the payment of real propeny taxes, iosurarxe prem:ums, and mortgage guaranty insurance premiums. IN WITNESS W FREOf, the said MORTGAGOR hss berevnto ut his hand and seal the day and year first aforesaid. ^ Signed, Sea and 'v in resence of: ~ . •n cs~~n (Sea~ STATE OF FLORIDA ~ covNnr oF - St L.LC i e defore me pencnally appeared Ruf us C She~perd _,,,d ~'',C~IIQ S Stl@p~~lY'd ' hn w~fe, to me we11 known aod known to me to bs ths individwli described i~ and who e:ecuted the f«egoirg instrument, and acknowiedged before me that they executed the same for the pvrpose~ there~n e:presscd. And tF?e sa~ Edne Sheppard wHe of the said RLlfl18 C SheDpard upon s sep~nte and pr;wt~ examinat~on by me uken uparate and apart from her said husband, atknowtedged to and before me that she executed said instrument fretly and volun- tarily and w;tho~t ~~yr compulsion, constraint, apprehemion, ~r feu of w from her said Fwsband. ~ WITFIESS my hand and officiat seal this ~~'j~ dsy of A i A. D. 19_SLS~ ~ i .G!/!^Y~' Notary Publ;c in snd fw the State of Florida it Larpe Return Ta R[~ F C/ My Commission expires: fint Frelera) Saving~ d~ loan ~ R~ N ~ ~ K - - . _ _ - - - . . - - - • ' ~ R.v.~~- Fi~.,. . L•1RG6 ~ Of FOrt Pierce. `%~~I;I M~//~ r Y . 2~. 190g Fort Pierce. Flwida F~••~ll1~' ~ . -~L~~~~ ~ ~ ; 2,~! _ - : . :trr: •^c F:~? y ~i~ r _ . :,"..,~i, „ ~~4, ,J/. ~ _ . • S-~~ - - . . , t' _ R ;Gt:• ~ `~p~,~TY:' ' . _ ~T Lv ~ . . - _ _ " . _ - ~~CRIDA: - • - ~l 4 ~ ' ~`-JLI 1G ~ - ~ : ~t~.;.:,: , - _ . - .t . . ~ . _ _ U R . ~ Bo~K1~2 ~71 a ' ~ z::y -9r^_-t ~ - . - _ ` 2 a'~~`E a2 r _ . - : ~ . ~ . ~~~w_...`-h." _