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Home My WebLink About0016 s to plac~ and cominuo~siy ke~p on tM buitd~~qs oow or Iwreaher Wtvat~ on sa~d land and o++ all equipm~nt u,d person~ly covK~d by thi~ ~naq. ' ap~, with all pr~mi~p th~reon p~3d in full. fire insur~~c~ ~n th~ usual i~~nd~rd policy fo~m, ~n ~ turn approwd by th~ MORTGAGEE, ~nd wind~tpm t ~nwnnc~ M ~M wwl ~t~ndard pol~q twm, in • ium ~pprov~d by tM MORTGAGEE; in such company o~ canpa~'w~ ae fh~ MORIGAGEE n+ay dir~cft u~d +II fir~ an~! winds~orm inswarxe policies on a~y of said build~~qs, any intK~it th~rein a pan ~Mrwf, in tlw p~rpae~ sum afa~aid a In u~chs tMnoi, ~11 contain tlw ~iwl ~tandud mortg~N cl~vs~ w such otM~ claus~ u tM Mort9~pee may rpuw~. m+ki~+p tM lou undN said poti~ cia, Nch ~nd ~v~ry. pay~bk ro s+id MORTGAGEE ~s in intereit may apptar, a»d eacA and ~wry iucA poiicy ~hall be p~ompry ~s~:Qned ~nd dNiver~d ?o •oy MW by ~a~d MORiGAG[~ ~s f~rthN secvrity to said mortysq~ debt, ~nd, nM Itss tFwn ten (lOf days in +dwnct of tM tapiution of Nch policy, ro dr IivN to wid MORTGAGEE a rltxwa) the~~of, toq~thp with • rcteipt fw ths premium ol wch renew~l; and rh~r~ shall be rq f'u~ w windstorm insur~nc~ plapd on a~y of ~id bulldinps, any intersst N+er~in or p~rt tMnof, unl~u i~ tFw fwni u?d w~~h tM bu pay~bl~ ~t aior~s~ids ~~+d G+ tM ~vtnt any sum of maN~' becomes payabl~ w~der wch policy or polici~s said /NORTGAGEE ~MII haw tM option ro rece~w and spply tM s+m~ on acco~nl 01 tM ind~bted- n~ss s~cvnd haMy a b pKmit ~aid MORTGAGORS ro reteivs and uf~ I1 or any parl thereof fw othcr purposes, w~~hout tA•~eb~ waivi~~ pt ~mpair- inp ~ny pvity, li~n u ripht ~nder or by vinw of this mort~sq~t ~nd in tM ~wi?t uid MORTGAGORS shall for ~ny nasa? f~il to keep tM uid pr~mites w in~urad, or isil 1o ddiver promplly u?y of said polKies of insunnce ~o said MOQTGAGEE, or fait promprfy to p~y fvlly ~ny piemivm therefw w in ~ny resp~ct fall w p~rfom~, d7uharp~, ~xecvte, ~ffect, complet~, comply with u~d ~bid~ by this covsnant, o~ any part i~a~of, ~aid MORTGAGEE may place and paY fw such irauru~ a ~ny part tMreof without w~lv'N+p «~ff~ctinp ~ny op~ion, li~n, pu~ty. o~ ripM unda w by virtw oi thJS Morr9ay~, and the f~ll ~enount of tach snd every wch paymertt iMl! b~ immediately due and pyabt~ ~nd ~AsH pcu inMe~t from tM dat~ thcreof u~ntil paid a~ tFh rat~ ot nin~ pp centum pK annum ~nd togelher with i~ch interest shill b~ secured by tM li~n of this mat9p~. ~ 1. To pKmit, oomeeut or suffer no wait~, impa'ument or deteriorat;on of said property o~ ~ny put thKwf. S. To p~y all ~nd sinpul~r the.costs, cl?sryes u~d eapenses. ir?clvdinp • ~eason~bk atto.ney's fee snd wsts o~ abs»acts of tide, incurred or paid at ~ eny time by said MORTGAGFE, beuvs~ a in the ~wnt oi tM failun on the paN of tM said MORTGAGOR to duly, promptly ~nd fvlly perto~m, d~xharg~, execvt~, ~ffect, complet~, comply with end ~bide by each and every the stipulations, apreements, tonditioeu, ~nd cpv~n~nn of s+id promissory note and ~hii matyape any ot eitha. and sa~d costs, charpes ~nd sxpen~es, each ~nd ~ve~y, aMll be Fmmed7a»ly dw ind payabk: whether a not tMn b~ ootice ds msnd. ~tt~mp~ ro co~tec? a wit penctng; and the tvll amount of esch and e~Ny svtA paYment sMll bear imeresl trom the datt thereoi w~til piid ~t the ~ate of nine per centum per senum; ar+d ~II said cdsn, cMr~es and expanses incurred w paid, top~ther w~th s~ch inter~st, tMll b~ stcured by th~ tiM ot thu mwt~aye. . e. Th~t in the event of any broach of this Nbrtga~e or defavlt on the part o( ths k10RTGAGplt. er (b) in ~he eva.~t ~ny of said svms of money herein rt(erred to bs not pramptty ~nd fully paid within thirty (30) days next after tf+e same sever~tly becort~e due and p~ysbk. withoul demand o~ notice. ~ or (c) in fhs tvent each and every tl+e st;puMtior?s, agreements, conditions aod coveMnq oi sa~d promissory note and th~s matpape any p either are no1 ivly. promptly ~nd fully performed. d~sch~~ped. ~xecuted, effected, cornpleted, complied w~~h ~nd ab~ded by, then in e~~her w any such ~vem ~FN said ag - r, pre~t~ wm mentioned in ssid ~omissory note tl~en ~emaininp unp~id. with interest accrved, and all ma~eys setvred Aer~bYt aMll becans dw and pay- +ble fathwith, w thereaNa, at Ihe opt~on of sa~d MpRTGAGEE, as fully and completely as ii a11 of the ssid wms of monsy wera aiyinally ~tip~rlated ro be pa~d on such dsy. anythirg in sstd prom~ssory note w in th;s Mortgage ~o the connary notwirh~tand~ng; and thereupon w thcreaita~ ~t rhe option of ~aid MpRi('iAGEE, wi1FWU1 nOtitO O? dem~nd, wi1 st la~r or in equiry, 1F1~re~Mp Of thlfNftN be9un, may be prosccvted u if all moneys sacured !?ereby had marured pqr to its institWion. 7. T1.3~ in ~hs •v~.+t ~hs~ at ~he 6eQinnirw~ of or ~t ~n~ time oending aoY suii upon thia Mortgage, w to fo~ecfose it, or to refwrn it, a to enforc~ Wyman? of any cla;ms hereunder, said MORTGAGEE shal! apply to the Court havir~ jurisdittion thereof iw the appo~m'.~ent of a RKHVtf~ suci~ Lourt se?a~i fortliwMh sppoiM a receiver of said mortgsged propeAy ~tl and singular. includ~ng aIl a~+d tingular tF+~ irxome. pofits, iswes and revenuea f~om whafev~r souru daived, each ~r+d every of which, i~ being expressty unde~stood. is Ixreby mortyaged as if specificafFy ut fwlh and tfesuiixd in 1he pranting.and ~ h~bendvm da~ses hereof, and s~th Receivn sha~) have all the broad snd effective f~nct,ons and powers in anywise entrus~ed by ~ Court to a Receiva, snd ~ ~uch appointme~t ~Ratl be made by wch Cou~t as an admittcd equity and a matter of absolute right to wid MORTGAGEE, ~nd without refere~ce to the ~ adequuy or ir.adequacy oi ths valve of tl+e property mortg~ged or to the sotvency or ~nwlvency of said MORiGAGOR w the defendants, ~nd that such rents, pwfin, incwne, issvcs and revenues sMll be applied by such Receiver accordirg to the lien or puity of said MORIGAGEE and the praciica of wch CouA. ~ ~ 8. To duty, promptly and ivlly perfo~m, discharge, execute, eifect, complete. tomply with ~nd abids by esch and every the stipulatan~, a9reemenq, ; co~ditions and covenanls in said promissory eote and this mort9sge sef fwth. 9. That in the event the ownersh7p of the mortgaged premises, or any part thereof, beco~nea vested in a person other than the MORTGAGOR, tFw MORTGAGEE, iri successors snd assigns, may, withovt notice fo ehe MORTGAOR, deal with such successor a successor in interes~ with referente to 1hN mort9age uid the debt htreby secured in the sime manner as with Mwtg~gor without in any way vitiating p dixharging the Mortgagors' lisbility herr under w upon the debt hereby secured_ No s~le of the premises hereby mortgsged and no fabearance on ihe p~n o1 ths MORTGAGEE or its successors or auigm and no extension of the time for the psyment o( ~he debf hnreby secured yiven by the 1VlORTGAGEE a iri wccesson w auipns, .hall operate ro rekase, discMroe, modify chaoge w affect the org~nal lisb~lity of Ihe MORTGAGOR herein, either in whole p in part. 10. It is specifically agreed thst time is of the esscnte of this contr~ct and tMt no waiver of a~y obfigatan hereunder ur of tha obtgation se. a.red hereby sh~ll it my tims tFwrre+iter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In additan to the faego:ng monthty paymems of prin~ p~l and imerest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee w;th each mo~thly payment an sddirional sum e:timated by mortgsgee to be equsl to 1/12 of the annual cost of the follow- 3 ing: t A-All real property ta:es levied w auessed agai~st the above dexribed real estate. B-Premiums on,f've and windstorm insurs~ce as herein requ~~ed to be prried on the improvemeMS •it~ate on the ~bove desvibed premises. C-Premiums on such rtsortgage guaranty insurance as mwtgsgee sha11 from t~me to time deem fit to ta rry o~ the loan secured hereby. Matgage~ shsll from time to time notify mortgagor wr~ting of the amount due artd payabk hereunder a»d sexh wm shall thereupon be due ar~d payable on the due date of the next monthly paymeM and exh stxcessive n:omh thereafter ur.til mortga9ee s}u1~ no~i(y mortgayor of ~ chang~ such amouM. S~rch tums shafl be applied by mwtgagee toward the paymeM of real property ta:es, insura~ce prem:ums, and matgsge guaranty insurance premi~ms. IN WITNESS WHEREOF, the uid 1NORTGAGOQ 1?ss hereunto ut his hard ~nd sesl the day and esr fint aforesaid. Siprnd. in ths presence of: ~ . ~ ( ~ ~ -(~0 _ . 51ATE OF FLORIDA ~ courm oF S t. Luc i e ~fOfe P~~^+~~Y ~PP~a~~ RO A2~t W ldt ~3 A q 9 i A . g h W i 1~ t hia wife, to me well fcnown snd known fo me to bs the indiridwb described in and w!w executed the forepoing instrument, and adcnowledyed before mt that thsy eaearted tl+e same for the purposes rherein ~xpressed. /u~d the taid - Rg 8 4 i@ .@ 8h ~ll~i ~ f~~ wife ot tF» s~id R ob e r W ~ 1 C~ t vpon a sep~rate and pinat~ exunin~Ywe by me tsken sep~nte and apan from F~er said husband, ackrawledged ro~nd befa~ me thst sFa exetuted s~id irot~ument freely ~~?d wtu~r ~a~~~Y w~~hov? u~y compuliion, constraint, appreheni w feu of ot from htr ui~! 1w ~ WITNESS my h~nd and offici~l seal thi day of A. D. 19~.SLS~, ' ~ . ' f N ary Public i~ and for the State of Hwida ~t jara; r~ Reh+rn ta Commiuion expirea:f ~ , "f' _ Z-Qr i.~p~' . . : ~ . . : ~ ~ Fint Feder~l Sav&+g! i losn Association ~ Of Fo~t P~erce. • ~ ~ : -'J 'c~. •~~`,i f...:_ . _ Fort Pierce, Flo~ida . ~e : ~ - / ~ ~ ~ .f! NpTARY P11BL{~ S'il~"~ u~ = , w ~Kissu~ av~~~!i?!~ ~ R~c o ~ ~ OFO d -,r ~ • . ~s~ ~ . qpR ~ ~ook ~ =:?,1.:. . r . R ~ ay ~ ~ ~ ~ . sT ~ ~o,,.;,~ r~~ ~'~'d o a ~ ~~,E ~S ~ 34~ ~o~K143 15 ~~~R~~q VN~~ Rk ~ • t~' .F ~ 'Y ~~F^`t ~ {~'~~~~y«.~ r..'~.-''_ .x -fu° , : - - _ _ { ~ ~ _ a:''f