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Home My WebLink About2336 To piac~ and tw+tin~ously kes~ on tl~s bui!dings now or hereafter ~ituste on sa~d lar+d and on ali equipment ~nd perso~~lly covt?ed by lhis mortq- w~th ~il premiu~ ~hcreon paid in (ull, fire insurance in the usval standard policy fo~m, rn a sum app~ovcd by ?he MORiGAGEE, and windi~am ~ ~nsura~ce in tM uiual standud pol~cy form, in a ~um •pproved by rhe MpRTGAGEE,- in auch company or compan~es as the MORTGAGEE may dirKtj and ~II fi~e and w~~+ditorm i~suranc~ pollc~es on any of said bu~td~ngi, anv intere~~ therein or pan thereof, in tM +ggreg~~e sum afaeiaid o? in ~xcest ~hereat, tMll contain the usual standard matga9es clavse w suth oiher cta~se as the Mortgagte msy requ~re, makirg the loss unde? ia~d pol} ciy, cach and every, payable w u;d MORTGAGEE ai irs interrst may ~ppear, and cach u+d every s~ch policy shall be promptly ass pncd •r+d de!~vered ~o •ny held by s~id MORTGAGEE ~s turther sec~rity to ssid matgsge debt, and, no~ leu than ten (f01 dayi in advance of the expiiation of each policy, to d~- liva to said MORTGAGEE a rer+ewa~ thereof, ~o~eiMr wirh a rece~p? fa the paem7um of sucl~ .enewat; and ~he~e shall be ~o (ire or windstorm I~iurance plac~d on ~ny of said building~, ~ny intereil thcrain a parl thereof, unless in ~he form'and with 1M loss payable as aForesaid; and in Ihe evanl any sum of monty bacoma payable u~der ~ucb policy w policies said MORTGAGEE shall Mw tM opt~on to receire and apply tha sam~ on accounl o~ t1~e indebtcd- neu tecvred he~eby w to permil said MORTGAGORS ro receive and use it a any part thereof for othcr purposes. .v~rhout th~reb~ wai~~~.g o~ ~mpair- ing any pu~ty, lie~ w right unde~ or by virtve of this mo:tpige; and in ths event said lNORTGAGORS ahsll for ~~y reason fail to 4eep the ~aid premi:es w ' ~~sured, or fail fo detiver promptly any of uid pol~ties of insurance ?o ssed MORTGAGEE, or fail promptly to pay fully any premium therefw w i~ any reipect fail to perfo~en, discharge. e:ecvte, effecf, complete, comply witA and abide by thia covenant, a a~y part hereof, said MORTGAGEE may place and paY for tuch Irnuranc~ o~ ~ny part thereof withou? watvinq o~ ~ffectinp any optioe. lien. eqviry, or ~igh~ under a by vi.tue of fhii Matgape. ~nd the full amovM of each and ~very tuch payment shall be immsd;ately dw and payable ~~d shall be~r inte~esl irom the date thcreof until paid +t tF~e rat~ ol n~ns pa+ cenwm pN ar+num ~nd to~Nher with sucA interett shali be setured by tt~e lien of thii mortgsge. To permit, tommit w~uffer no wast : impairmeet o~ deterioration of wid property or ~ny part thereof. S. To pay all ~r+d sirgulu the.costs, charpes snd expenses, ~ncluding a reasonable ateorney i fee and costs of abstracts of tiHe, incurred w pa7d at ~ny time by said MORTGAGfE, becaus! or in the event of the failure on the part ot the said MORTGAGOR to dvly, p~omptly and fu~ly p~rfwm, d~scharge, ; execute, effed, tomplets, comply with and ab:de by each and every the stipulafions, sgreeme~ts, conditions, ~nd covenann of safd promissory note and thi~ mortgag~ any or e~eher, and sa7d costs, charqea srx! experres, esch a~d evc?y. shall be immed~ately dve and payable: whether w r+ot there be ~otice d~ mand, attempt to collect or wit pending; and the full amovnt oi each a~d every such paymeN shall bea. in+erest from the daie thereof until p~id at the rate of nine pu ccntum pM an~~u:n; and all said cdsts, charges and expensea i~curred or paid, toge~her with such intereit, ihall be secured by the lien of tha morty~e. Q TMt (a) in the evenf of a~y lxeach of thw Mortgage w default on the part of the MORTGAGOR, a(b) in the eve~t ~ny of ss7d sumt of money herein refcKred to be not promptly and fully paid within thirty (30) days nexs afte~ the same sevcrally betome due and payable, without demand or notice, or (c) in the eveM each and every the stiputations, sgreements, cw~d~tions and tovenanb of sa~d promiuory note and tA~s mwtgage a.~y a eitlxr ue no1 ~uFy, promptly ~nd fully performed, d~scharged, executed, effected, completed, comp6ed with and abided '~y, then in e~ther w any svch event the ssid ag pregate sum men?aned in said p~omiuory note rhen remaining unpaid, with intere:t accrued, and a11 moneys secured F~ereby, ihall become dve and pay~ ab~e fathwith, 01 tFtlfN~fN, at the option o! sa~d MORTGAGEE, as fully and completely as if ~It of the said sums of money were originally iripulated ro be paid on such day, anythirg in sa~d promissory note or in rhis Mortgage to the cont,ary notwi~hstand;ng; and thereupon w thereaiter a~ the option of se~d MORTGAGEE, withou~ notKe or demand, suit at law w in equity, there(we w thereafter begvn, may be prosecwed as if all moneyi secured hereby nad matured prwr to i1s institution. 7. That in ths even: that at tF~e beginning of or at any time pend;ng aoy suit upon this Mwrgsge, a to foreclose it, a fo reform it, w to enfwp payment of any claims hereunder, ssid h10RTGAGEE shsll apply to the Cour1 having jur~sd;ction thereot for the appo~ntmeM of s Receiver, such Cour1 shall ~ fortFiwith sppoint a receiv~r of sa~d mortgaged property all and singular, includmg all and s~ngular the income, pro(its, issues and revenues from whatever source derived, each artd every of wh:ch, it being expressiy vnderstood, is hereby mor~gaged as if spec~fically set fath ~nd deacrlbed in ~he grenting and habendum clauses hereof, and suth Receiver shall have all the broad and effective f~nchons and powers in anyw~se enhusted by a Court to a Receiver, and y wch appointmenf ihall be made by such Cour~ as an admirted equity and a matter of absolute right to said MORTGAGEE, and w~~hout reference to the ~ edequacy p in~dequacy of the vatue of the propaty ma~gaged er to the so~vency w insolvency of sa~d MORTGAGOR or Ihe defendants, and that such ; renrs, profin, income, issues and revenues shall be applied by such Receiver accordiny to the lie~ or equity of uid MORTGAGEE and the practice of such ; Courf. # 8. To duly, promptly snd Iully perform, d~uharge, exKute, effect, complete, comply with and abide by each and every the stipulations~ sgreements, conditions and covenants in sa~d promissory nore and th~s mwtgage set forth. ~ 9. TMt io the event the ownerahip of the mortgaged premises, or sny part thereof, becomes vested in s person other than rhe MORTGAGOR, the # M.pRTGAGEE, iq successors and assigns, may, witiaut notice to the MORIGAOR, deal with such succe:sw or successo? in interest with reference to this ! ~*+ortgsge and the debt hereby secured in the ssme manner as with Mortgagor without in aey way vitiatirg or dixha~ging the Mortgagors' liability here- i under w upon the debn c~~eby secu+ed_ No ssle of the piemises heaeby mwlgaged and oo (oibearance o~ the par~ of ~he /~10RTGAGEE or its succeswrs ~ or auigns and no exrension of the time fw the payment of the debt he?eby secu.ed given by the MORTGAGEE or its succason or au~gns, shall operate F to release, d~uharge, modify change or affect the orig~nat liab~i~ty of the MORTGAGOR herei~, eithe? in whole o? in part. ~ 10- It is specifically agreed that time is of the essence of this contract and that no waive? of any obllgat~on herevnder w of the obligstion se- c~red hereby shall at any time thcreafter be held to be s waiver of the terms hereof w of the instrument secured herby. 11_ In addition to the fo?ego:ng monthly paymenfs of princ'pDl and interest required by the prom~ssory nore secured hereby, mwtgagor covenants ~ and sgree~ to psy to mortgagee with each monthty payment a~ addirional sum estimared by morrgagee to be equal to 1~' 12 of the an~ual cost of the follow- 3 ing; ! i t A-Alt real property taxes levied or assessed against the above descri5ed real estate. ~ s B-Premiums on fire and windstorm i~surance as herein requ~red to be carried on tht improvements situate on the above d>scribed premises. C-Premiums on svch mortgage guaranty insurance as mortgagee shall from f~me to time deem fit to carry on the ban secured heieby. Matgagee shall from time to time notify mwtgagor in w~iting of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the ~next monThly payment and each successive month thereafter ~r1il mortgagee shall notify mortgagor of a change in such amounf. $uch sums shaN be apptied by mortgagee toward the payment of rea! property ta:es, insurance prem'.ums, and mortgage guaranty insurance premiums. IN WITNE55 WNEREOF, the sa~d AM1ORTGAGOR has hereunto ut his hand and xal tF?e day a y r fir:t 'd. _ Sp d, ale andJ,~tiver the resence of: ~ -j/ ' ' -'~E~f~- ~ ~~.,..t cs~.n ~s~,n ~a~ S7ATE OF F10RIDA ~ couNn oF St. Lucie s~f«e me pe.so~auy appeared Ke n~ath A ~ n kmAn M ~ C~Z'@CI H_ tA - m9n his w+fe, to me well known aod known to me to bs the individuals desuibed in and who executed the foregang instrument, and acknow~edged befwe me that they executed the same for the ~pvrposes therein expreased. And the sa~d Mi~ dred H StOC~ms~n wife ot the s+id K~ ILn @~~1 A S' 1' pG m n upon a xparate and priwt~ exsminat~on by me taken scpante and eparr from her said hus , acknowledged to and befwe me that she executed ssid 'erur~ument freely and volurf tarily ud w~thout aqy computsion, constraim, apprehensi~ ` ar of w from her said hus nd. • I LL WITNESS my h~nd and official seal this dey of A. D. 19~-SLLL ~ ~ 1 Notary Public in snd fw the State of Flwids ~t Lar9e ` My Commission expires: I~~ Q ~ Return To: ' ~p 7 Fint Fede.,l sa~~~. b toa~ /~~«;ar~o~l L D A N 0 R E C 0 R D E D Notiry Pu~l:c, State ~I Fiorita at Large ~ Of fort P~erce. O~~ 0 0~ y - ~ fort Pier[e, Florida j M~011tl~fSS10fl xp~res Npr..3;: ~969 f i C7 ~ _ J 6onGd E~ Aw»:.csn f"r~ i~C~µttt~~lw~ ~ i '~L.L7'~ O j 7 PM 3: I I G`~d , ~ Y.t ~ 'E6 APR 14~.3i~ ~ s' - . ~ RO~E:; i~i;~ ";~,~5. CLERK 1',~ - :'~~l 5T. LUCiE COUNTY, ~ . : FLORIDA ~~D ~ • ~ . s , ~ $aoK 142 _ 5~~0 r: ~ _ _ _ _ - i~ ~ ~ ~ ~ ~ - . _ r~~;- '