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Home My WebLink About2122 To pl~c~ and continuously keep on the bui;d;ngs now o~ hereafter iir~i~i on sa~d land and on al! equipment ~nd pertonslly covered by thit mwt9- +fl~. with ali piemiwht thercon pa~d in full. fire insurance in Ihe usvat srandard poticy form, ~in • sum spprovtd by the MORIGAGEE, a~d w~nduwm insw~nc~ in ~he usual ~tandard po~~ty fam, ie a sum app~o~ed by the MORTG.~~EE, in such company w compan~es s~ the MOR~GAGEE may di~~ct: ind ill fire and windstorm insurance poliues on any of ~aid build~ngs, any interQSt therlin or part the~eoi, in the aggrcga~e sum ~foreaa~d a in ~:cess ~he~eof, iMll contain the ~suat ~tartdard mat9agee tiause or such o~he~ claute +s th~ Margagee may rcqu~r~, mskin~ the loss under ~a~d poli- ciy, eath ~nd eve~y, payabls to ~sid MORIGAGEE as its interest may appe+r, ~nd each and every such policy ihall be p~omptly au.gned and delivered ~o ~~y hetd by said MORiGAGEE ~s turthe~ setv?ity to said mortg~9e debt, and, not less than ten (10) d~ys in advance of the expirat~on o1 each policy, to da I~v~r lo said MORTGAGEE a ~enewat Ihereof, together wirA a rece~pt fw the premivm of ~~ch renewal; and there ihalt be no f~~e or wi~dstorm insu~aoce pl~ced on ~ny of sa~d buitdings, any interest therem or part thereoi, unleu in the fo.m'and wi~h the los~ payable as a~o~es~id; and in ~he evcnl any sum of monty become~ payabte u~dc~ such polity w pot~cies said MORTGAGEE ahall have tht option ro receive and appty the samt on itcount oY the indebted- ~su secu~ed M+eby o~ to permit sai,d MORTGAGORS lo rtteive and use it d any part thereof to~ othe? purposes, wlthout tha~~br wa~vi~.g o~ ~mpain ing any puiry, li~n w right ~nde? w by virtve of this mo::~age; and iei the evenf sa~d MORTGAGORS shall tor ~ny reaso~ fail to keep ~he sa~d prem~ses so inaured, w fail b detiver p~ompfiy ~~y of said pol~cies of insurance to sa~d MORTGAGEE, a lazl promprty to pay fully any premium the.efw w i~ ~ny respett fail ro pe~form, discharge, e~ecufe, effect, complete, comply wi~h and ~bide by thii covenam, w ~ny part he~eof, said MORTGAGEE msy place a~+d pay fp such inw~ance or ~ny part Ihercof w~~hout walving or ~ffectin~ a~y option, lien, equ~ty, or right u~der a by virtue of this Mat~aQs, and the fu~l a~rwun? 01 euh end every such payment shall be inwnediately dw and payable and shsll bear interesl from ths date thereof until paid al the rat~ 01 nine per tentum per annum and lo~ethcr with sucA intcrest shali be secured by the IiM of this mortyage. To permif, tommit or suffe~ no wssts, impairmcnt w deterioration of said propetty o~ any parf thereof. 5. To pay ~II and singular the.costs, charges and expenxs, including a reasonabte attw~ey's fee and co~b of abs!?acri of title, incurred w paid at eny time by said MORiGAGEE, because or in the event of the failure on the ps?t of the ssid MORTGAGOR to duly, promptly and fvlly perform, d~scharge, execuro, effed, complets, compty w~t6 and ab:de by esch and every the stipulanons, egreements, conditio~u, and covenants o( iaid prom;ssory note and th~s morrgaye any w e~~her, and sa~d costs, cha~ges and exp~nses, each ~nd every, shall be immediatcly due ~nd payable; whethcr a not there be ~otite d~ mand, ~ttempt to cotlect or suit pend~ng; and the full artau~t of each a~d e•ery such paymem shall bea. interest from tF~e date thereof until paid at ~he rate of nine pcr centum per annum; and att said costs, chargea and expenses ~ncurred or paid, toge~h~v with such iMeresl, shall be secured by 1M lien of tha mort~a9e. e. That (a) in the event of any breach of thii 1Nortgage o~ default on the psrt of the MORTGAGOR, or (b) in the eveM any of ssid sums of money hercin referred to be no~ prompuy aod fully paEd wifhin ~hi?ty (30) days next atter the same xverally become due and payable, w~~houi demand or nor~ce, or in the ever~t exh ~od every the stipvlafiona, agreements, conditions and covenants of sa~d promiuory note and th~s mo~tgage any a either ~re not ~uly, promptly ~nd fully perfwmed, d~scharged, executed, eifected, compteted, compl~ed with and ab~ded Sy, thco in e~ther or any suth event the said ag greqaM wm menrioned in said p~omisso~y note then remsining unpaid, with iroerest accrued, and aIl moneys secured hereby, shall betome due and pay- able fwthwith, a thereafter, at the option of sald MORTGAGEE, as fully and completely as if all of the said sums of money were wiginally supulatcd to be paid on such day, anything in sa:d prom~uory note or in thia Morrgaye ro rhe co~trary notw:rhstand~nq; and thereupon w fhereafter af the option ot said MORTGAGEE, without notice or demand, suit at law o~ in equity, therefwe or'"thereafter beg~n, may be prosecuted as if ~II moneys set~red hereby had mstured pnp to its institufion. 7. That in the event that at the beginn;ng of a it any time pending aay su~t upon this Morrqage, w to fweclose it, or to reform it, w to enfo~cs payment of any claims haeunder, said MORTGAGEE shall apply to the Court having jur~sd:c?~o~ thereof iw the appo~n~•.~ent of • Receive?, tuch Court ahall fortFiwlth appoint a receiver of said mortgaged property atl and singular, includ~ng all and singular the income, pro(its, issues and revenuts from wFate~er sourca derived, each and every of which, it being expressly understood, is F.creby mortgaged as if speufically ut (orlh a~d dewibed in the granring and hnbendum clauses hereof, and such Receiver shall have all the broad and effec~ive tunct~ons and powers in anywise entrusted by a Court to a Receiver, and ~„ch appointment shall be nsa~ by such Court as an admitted equ~ty and a matre~ of abso~ure r;ght to said MORiGAGEE, and w;?hout reference to the adequacy w insdeqvacy of the value of ~he proporty mortgaged or to the w;vency or insotvency ol sa~d MORiGAGOR a the defendants, and ~hat such renfs, profits, income, iss~es and revenues sh~ll be applied by such Receive~ accord~n9 to the lien or eqvity o( said MORTGAGEE and the practice of such Court. $ To duly, promptty and fully perform, d7scharge, execute, effect, complete, comply with snd abide by each srd every the stipulations, ~grcements, conditions s~d covenants in uid promiuory note and this mortgage set forth. 9. That in the event the ownership of the mo?tgaged prcmises, w any part 1F~ereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, iri successors and auigns, may, without notice to the MORTGAOR, deat wlth such success« or successor in intcrest with refere~ce to this mo~tg~ge and the debt hereby secured in the same manner as with Mortgsgor without in sny way vitiating ot dixharging tF~e Mortgagori liability here. under or upon fhe debt hereby secured. No sale of the Fremizes hereby rtwrtgaged and no labearance on the part of the MORTGAGEE or its successors or assigns and. no extension of the time fw the paymem of the debi hereby secured given by the N.ORTGAGEE or its svccessor~ w au~gns, ahall operate to release, d~scharge, modify change a affect the orig~nal 17abil~ty of the MOR~GAGOR here~n, either in whole w in pa.t. - 10. h is spec~fically agreed that time is of the esu~ce of this contracr and thar oo waiver of any obl;gat7on he~eunder p of the oblipation sr t c~red hereby shall at any time thereafter be held to be a waiver of the terms hcreof or of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of print pDl and interest required by the promissory nore secured F~ereby, mortgagor covenants and agrees to pay to mortgaflee with each monthfy payrrtent ars add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the folbw- ing: A-All real proporty taaes levied or assessed against the above described real estate_ B-Premiums o~ fi+e and windstorm insurance as herein requ;red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mwtgage guaranty insurance as mortgagee shatl from t;me to time deem fir to carry on the loan secured hereby. Mortqagee shall f~om rime to time notify mortgagor in writ~ng of the amount dve and payable hcreunder and such surn ahall thereupp~ be due and payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor pf' a cFw~w In ~uch amount. Such sums sFali be applied by mortgagee toward the paymenf of real property taxes, insvrance prem:ums, and mong ~`~~r~~Qyra~ prcmiums. . ~ IN WITNESS WHEREOF, tF?e said MORTGAGOR has hereumo set his hand and seal the day and year first aforesaid. ~ Q': ' p~f • St~ ayyd 'n p?eseoce of: ~8 a~. VOy~I' ~ •d/• ~ re s e ~ ' ~ v ~ 1 T • ~i~,~ ' r' ecre ar 'n; v ~ - ~ _ + . ~ • : -ir~-r-~~--- - - - - - ~ ~ ~ . , . ~ ~ ~ . : . . ::/1 • ~ - 5~[AT~ ~RjflA~ COUNTY OF ST. LUCIE ' •t HE(~B~',.CLRY[FY, That on this~~ day of - Apri 1 66 i • A.D. 19 , ; before«me.~e~ally appeared _ Edward W. Ma cEvoy end Dorothy W. Ma c~vev _ e respectively i.ts p~~;dent and Secretary , of MacEvov Properties. Inc , a Florida Corporat~on, to me known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the ex~ cution the~eof to be their free act and deed as such officers for the uses and purposes therein mentioned; ~~~tl~a~~they atfixed thereto the official seal of said corporation, and the said instrument is the ad and deed of ~ic~. c~otporaf . WITNESS my hand and official seal at Fort Pierce,St Lueie F1or"d , said county sfate: ~ 1~ M ~ ~ r ~ - F I l~ ~J D R E C 0 R D E C Notary Public, in and for State and County .afore~i~.0 , t~~~ r 0 0 K My Commission Expires: Nolary Public, State al . ~t Lxgp,••' t~'~ ///3/~r~' 1d1~ Commission Expires No .'li9b~7~i . ~R~ u A~ Q R law4~d 6r ~T~r.c~n f:r~ 8 Ga~+s~!•_... s 1 ~ 1 `)5 . ;~EiiK Rr1!~a~_~( • ."....~~+.iTy BOOK ~4~ J~~ . ,t ~ ~ : , ~ 'cr ~ ; _ ~ . Y.` ~ ~ ~63;~~"~wY'~.~ .sc~.-,. ~ ,