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Home My WebLink About0444 . } . . ~ ~ # } s To plaa +nd ca?tiiwiously kHp on tM buildinps now a Mn~ftN siwat~ on said land ~ad on dt puipment ~nd p~non+lly cov~nd by this n~at~ aq~;, with all pr~eea ~F~wn W~d G+ full, tir~ ie?iur~~c~ in rF~ viwl sundard policy fwm. ~n • win +pproved by tM MORTGAGEE. ~nd winds~am inwra~o~ in tM uwal stu~dard policy fam, in • sum ~pproved by ~M MORTGAGEE, in wch company or con+p+^i~s +s ~h~ N?ORTGACsEE n?~y dindt ~nd all fin +~+d wu+d~twm insuwna poticia on ~ny of wid bvild~nq~ aey iot~r~~t tM~~in w pwt thsrwf, fn tM +p9rp~t~ wm ~faaaW or M ucaa tlw~ef, ~A+11 cont~in tl» usu+l sundud mat9sy~e cl~~s~ a such WM~ cl~vN ~i tM Ma~pa~ may requ'u~, maktrg tM los~ w~ s+id pdF ~ cia ~ad~ a~w! ~vKy. paYabl~ ro iaid MORiGAGEE as iq iM~rett m~y ~ppNr. and e+ch +nd ~verY s~ch policy ih~ll b~ p?anpth +s~:9ned u+d delivKed ro ~nr MW dy ~aid MORTGAGEE ~s furtha stcwity to s+id mottp+~ debt, and, nw I~u than t~n (10) dap i~ adv+nu of th~ ~apuatan of ~ach policy, to d~- IivM ro s+id MORTGAGEE • r~w~l tha~of, ~opaMr with a ~ac~ipt for tl+e p~ivm of such ne~ewaij u~d tMn shsll b~: ew f'u~ a windi~am inwru+ce p~aqd an ~ny of ~id bvildinps. ~ny iotaat therein ar p+h tFwr~of. unkss in tl+~ form'and with tM loss p+y+bl~ ai eta~i+id: and in tFN ~wM any ~vm , ~~,»y ~p~s p~Y~bl~ v;d~ wch policy or policas s~id MORTGAGEE shall I+~w tM option ro ~eceive ~nd appty th~ s~nN on +ccowN oY tM ind~bted~ ~ rnp Ncvnd lN~tby a a pKmil fsid MORTGAGORS lo rettive a~d us~ it a any pa~t thereof fa othe~ purposes, wilhout Iherebr wsivi,y u~mpair. ~ inp any pvity. IiM or riphl urwle~ or bp virtw of this mortpa9~t +~+d in tM tvenl said MORTGAGORS shsll tw any naion fail to ke~p tM ~id pnm~sea so iruursd, w fall b d~liva promptly ~ny of said polici~s of insu~nct to ssid MORTGAGEE, w r~ct P.a++p~h ro P.y f„iy ~ny pr~mium therefw or in sny ~ nsp~ct f~il ro pafoc~ diuharye. ~aecvte. ~ff~c1, complet~, oomply with and ~bki~ by this covenant, a+nY p+n lureoi. said MORTGAGEE m+y pt~ce +nd f~ull fanwont of ~sd~ and ~vKY ~ WY~~t sh~~b~ ~wnr~ed hly dw~ind pry+b aad sh~Ilu~b~uontK st froen ~M daM`the pffuotil pa'~~ to nin~ pK oenwm pu ~newm u~d together with sucA interest sh+ll bs ucured by th~ lia~of t!w mort9~pe. To pKmit aommit or wffN no wait~, Ilnpi1f~11l11t Of dlfHiW~tqfl Of i~Ifl pfOp~ffy Of My ~1 tM~pf• S, To pay ~II ~rd ~kgul~r tl» ~costs, cha~a u?d ~xpenNS, includinp a re~sonabl~ attwneY i fes u~d oosn of ~bsN+cts of titl~, incvned w paid at : ~ny tim~ by said MORTGAGEE, Muvs~ or in t!r eve~t of the f~ilwe on the put of tM said 1MORTGAGOR ro duly, promptly ~nd fvlly paform, d~scharpR ~ ~xecvt~, ~ffect, oomplsre, comply with and ~b~d~ by each a~d ewry the stiputatia+~, agreeme~n, conditions, and oovrn~nts of s~id p.omiuory not~ and ~ha ~9+~ +~Y a~irha. and said aosts, chu~es ~~d expee~es, esch ~nd avery. sMll k» immed~ately dw and pay~bles whe~her a not there b~ norki ds~ mand, ~ttempt ro collsct a wA pend~rgt ~nd tM full ~mount of ~sch ~od eve?Y wch WYment sl++~~ bear ~^tereit from the d~ts thereof until p~W at tht rate of nin~ pe~ centwn per amwm; ~nd ~II said o6sta, chuyes ~nd expenas incwred a p~id, top~tMr with s~xh iotsnst. slwll b~ a~twed by 1M IiN+ of Nw ^ar~p~p~. e. Th+t (a) in tM ewnt of any breach of this Mo.tyap~ or defwh oe th~ pan of ths MORTGAGOR, w(b) in the ~vent ~ny oi ~aid wms of moMy henin rtfNr~d to b~ not pramptly ~nd fully paid within lhirty (30) days nex~ sfter the same seve?ally become dw and payable. without dem+nd w notice. w(c~ ir tM ~wnf each u+d ~w.y the sNpula~ions, s9reemenn, cond7~aro and aov~+~+nb of ssid promisswy note and ~his mort9a~e any a ather ar~ nw ~ fi?Ir, promptly and fully pKfam~d, d~sdwrped, executed, effected, compkted, compli~d with end ~bided by, then in either or ~ny such ~wnt tlw ~aid ag prep,tt~ sum mention~d io ssid pranissory not~ thet? ramainirg unpaid, with interest stuued. and all mot~eys sstur~d her~by. sh+ll batonr dw +ad p~Ih abl~ fwthwilh, or th~r~afia, at tM option of said MORTGAGEE, u fully and comptetely +s if ~II of the said wms of morwy vren oripin~lly s~ipulated to b~ paid on wch dsy. snythirg in s+~d proaussorY note w in this Mortpage to the contrary notwithstuKlinp; snd thereupon a thereah~ at tM op~~on of ~aid MORTGAGEE. without not~ce w d~mand, wit at I~w a in p~ity, therefore a thNNhN bayun, m+y be prosecuted as if ~II moMys wwr~d her~by n+d m.rwed Pra. ro~n institutioe?. ~ 7. ihat in tM event ttut at the beginnirg of or ~t any time p~ndiny ~oy suit upon this 1Nortg+ge, a to foreclw~ N, o~ to nform h, a ro enforq ~ paymeet of ~Mr diwns Mreunder, said MORTGAGEE ihall apply to the Court hiving jurisd~ion thereof fa the ~ppb~ntment of a Receivcr, such Cowt sh+ll ~ fortliwith ~ppoint ~ reteiver of aaid mort9aged property ~1) ~nd sinpvlar. inctud~ng ell and ~ingu{ar the income, p?ofits, lssws u+d r~vtnvss ftom whatever wurce de?ived, ead+ and evcry oi whKh, it beinp expressly unders~ood, p hereby mortgsged as if specifically set fwth and d~svibed in tM 9rantiny u~d ~ habend~xn dauses he~eof, and such Receiver sh~ll have ~II the broad and effective funct~ons and powers io ~nywise entrwted by a Court to a Reoeivs~, and t wch ~ppointment shall be made by wd? Coun as~ an ~dmined eq~iry and a rn~tter of sbsolute right to aid MORTGAGEQ and without nferente to ths S sdcqus_ry or Nwd~qu+cy of tM wlw of the property morty~yed w to tM sowency or insotvency of, said MORTGAGOR a the defendanq, and that such renu, profits, incaoe, iuues u~d ~ev~nues sha~l be applied by such Receive~ +ccadiny to the I'ien w equiry of s~id MORTGAGEE and tM practic~ of such Coutt. . _ 8. To dvly, promptfy and fully pKform, d'nchsr9e, execute, eff~ct, ooerpl~te, oomplY with ~nd abide by ead~ and wtry th~ stipulaYiorn„ ayreemsnts, ; conditions and coven~na in said promiuory note x+d ~Ais mort~sge s~t forth. ti 9. That in the event the ownaship of the mortg+9ed premaes. or +n1r p+rt thereof, becomes vested in • penon other tMn tl+e MORTGAGOR, th~ ~ MORTGAGEE, in succeuws and ~ss~gna. m~y, without ootice to the MORTGAOR, deal with such wueuor or wccessa in interat wi~h refcrence to this { mwt~a~e ~nd the debt hereby secwed in tM same manner ss w~th Mwtg~gor without in ~ny wsy vitiatirg a d~sch+r9ing the Mortpayora' li~bility Mr~- under or upon tM debt hereby secvred. No ssle of the premise~ hereby mort9+ged and no fwbear~oce on the part of the MORTGAGEE ot ih suaessors w~uigm snd ra extension of the time for the psyment of the deb~ hereby secured piven by th~ MORiGAGEE or its ~ucceuws w augns, shall op~r~te to reNw, dixlwrps, modify change w ~ffect the orginal lisbility of the MORTGAGOR htrein, sither in whole or in part. 10. It b specificslly s9reed that time is of the es~cnce of this contwct ~nd tMt no w+iver of ~ny oblipaYron hertuoder or of th~ oblgaYan ~e- a;red hKeby thall at any time thereafia be held ro be a w+iver of ths terms hcreof a of the iratrurtieM secu.ed herby. 11. In ~dditan ro the fwego:ng monthly payments of p?irx'p~l and interest required by the {xanissory nole set~red hereby, mortgagor tow+»nts end ay~ees to pay ro mortysgee wi~h each monthty psyr~ent sn ~ddi~ion~l sum est~mated by mwtgagee to be equal to 1/12 of the annwl cost of the foltow- iny: A-All real property taxes kvied w assessed aysinst the above desvibed real eststa B-Premiums on fire and windstorm insurae+ce as herein requ'aed to be urried on the improvements situate on tt?e above desaibed ptemises. C-Premiums on wch mortgsge gwr~nty insunr,ce as mongsgee shall from t~me to time deem fit to urry on the loao secvred hereby. 'i IY{ortg~ee sl~sll fran rime to time notifY mong~gor in writirg of the +mount due and payable hereunder and tuch wm sh~ll IF~erevpon be due snd payable on the dve date of the next monthly psyment and exh svccessiw month thereafter vntil mortgsgee shsll notify mortg~gw of a charge in wch amounf. Such sums shall be +pplied by mwtgspee toward the payment of real property taxes, inwrance prem:ums, and mort9sye 9uaranty imurance ~ ~ premi~Nm. ` IN WRNESS WHEREOF, the said JNORTGAGOR has hereunto set his hand u~d sesl thc d~y snd ar fint aiwesaid. Sipr»d. ' ed in the p?esence of: ~ ~ ~ • q i ~--n ' STATE OF fLORIDA ~ # St. Lucie j cOUMY OF ~ 6efon a,. p.,weu~~y,pp.,,ed L•ero~ .Flovd ,nd Ve r d e 11 G. Fl oy d bi, w,;te, to ,,,e r„en known ,na k,awn to me ,o b. 1 tF~e Md'nidwb desvib~d In and wrho executed sFa fwe9oinp instrumer?t, and acknowledged b~f«e me th~t tMy executed ths same for tM purposes rheresn ~xprewd. /~u~d th~ sai~ VeI'dell G. F10$d w~i~ o# tM wd Lero~ Floyd upoo ~ sepuate and p~~t~ ex~mimYan by ms hken kparat~ and apsrt from her sa3d husl»nd, ~dcnowledged to ~nd before rM 1M1 ahe sxecuted said imtrument freely and volum r~rily and witho~t aiq~ compulsion, cautraint, appreh~nsi~n, fear of a fmm Mr said husb+nd. WITNESS my ha~d and official seal thn~~ ~ day of /1. D. 19~ - ~ Notary Publ' w+d for the State of Fbrida ~t lar~ My Comm' eap'v~s: R~tum Ta e firq Fdvd S~virgt i loan Auodation O~0`' O1(~ NOtary PuWC, Stale Of flOrida at ~ ~~~~p~ ¢~C, p~~ My Commission Expins Aus. 6, 196 ` F~~ f~~ ~ PN~~~ ~,A~O Bond~d By American Surety Co. of N. Y. ~ • ~ . F~~„ o ~~a . 2~ ~O : ~ ~ . ;~p ~,f ~ . Q~, 3 p ~ ~ 3 = ~ ° : . : _ R 2 Ee~'~ : ' pQ ~"c~ ';t ? L14; ~ ~66 ~ ; `~c- - i t~GOVN P =":`~P, ~0~~~~vC~~~~OP f~~~~~„~•~• ~ S F ~ s-_, ~143 - . F , .,~?~,..r:' y _ . . _ _ :.4~/ - . ~ ~.N - . _ _ " . . _14