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Home My WebLink About0505 3. To plac~ ~nd con~inuously kkp on tM buildirgs now w MreahK ti~wn on saw! ta+d +nd on +11 equipn~nt and p~rwn+lly covK~d b~r this maq~ p~, wi~A ~II pr~miu~ tFwwn p+~d in full, fire insur~nc~ in the u~wl tq~dard polity fonA, ~n ~ sum aPProwd bY the MORTGAGEE, and wie~dttwen iehwa~p in tM vswl s~and+rd pol~cy fam, in • sum approved by th~ MORTGAGEE, in wd+ ~omW^Y a o~^~W^~K +s tiv 1NORTGAGEE may dK~ctt and ~II f'u~ aa! w~misarm iniw~ policies on any oi fald b1/iWif1~7„ illy {fltHfll 1M/Q111 01 Pif1 flNflO}, in d+~ +p~re9ate wn? afo~es~id or in ~xuu Iher~of, sMll contain tM usu+l s~ardxd mort9+~ ciws~ a wd~ al+a c1avH +s tM Ma~p+~e ^?~Y ~1uus. m+Yinp th~ Iws undM sad pdF cia, t~cA u~d ~vay. paY+bt~ w s+id MORTGAGEE as its int~rqt may appw. and each and evtry sud+ policy shall b~ pranptly ~ss:9ned +~+d d~livaed to ~nr Mld by said JMORTGAGEE as turtMr s~cu~ity ro ssid mortysy~ d~bt, and. not kss than Mn d+YS +dvanu of tM ~=pU~tion of exh policy. w dr liva ro ~aid MORTGAGEE ~ ree~wal thKeof, to~etha with • receipt iw tAe premiwn of such r~new~l; and the« sh+ll br ~o fu~ w wi~?ds~am inwranc~ pl~nd on +ny of said b~ildirgs, any inte+e~t thK~i~ a p+~t tMnof, unku in th~ fonn'u+d with ~M loss pay+bl~ u afaes+Kls a~d in th~ ~vent any awn of ma»y becom~s p+Y~bM u^der wd+ Pclicy a polici~s said MORTGAGEE sh~ll Mw th~ option a~eceiw and ~pply tM wne on +cca+nt o1 tM ind~bt~d rnss s~cw~d F~~by a ro p.rmi~ aid MORTGAGORS a receiw and vse h or ~ny pa.t ~F+ereof ia ofF~er purposes. w~?hout ~hereb~ wai~i~g w~mpair- inp ~nr puity, li~n or r'pAt ~ndN w by virtw of rhis morr9~ej and in ~h~ eve~r s~~d MORTGJIGORS sh+ll fa sny rsawn fail a ke~p the s+~d p~n?ises a intu.ed. w 1~i1 to detiver pranptly any of said policies of insunnu ro s+id MORiGAGEE, o~ fail prompNy M paY ~~h +^Y P~~^ium the~efa a in ~ny nspst+ f~il b periorm, dixhug~. e:ecvte. ~ffsct. complet~. comply with and ~bid~ by Nus cwranan~. w ~ny P+rt ha*wf, said MORTGAGEE may pl~ce ~nd p~Y fw such imwanc~ a u+y put tFweof without walvirg or ~ff~ctinp any op~ion, lien, pv~tY. w ripht w~dK or by vi.tw of this Mart~ap~. and the fvll a~nount of each u~d ~very wch p~yment sh~ll b~ imrnedi~tely dw and p~Ysb~ +^d sA+ll bsar iruerest fram th~ d~h the.eof w~~il paid at tM rate ol niM P!I CMfYen pN ~nrwm ~nd togethe~ witfi wcA interest ih~11 be secwed bY th~ lien of this mort~~Qt. , a. To pKmit, aomnut or wffa no ws~t~. ia~p~irment a deteriorstion of sa~d property a any p+r~ tl~ecf. S. To pay ~II ud sinp~lar th~.costs, ch~ryes aad eapanses, i~+cludirg s ressonable ~ttwney i fe~ ud coib of ~bstracts of titl~. incuned w p+~d at any time by said MORTGAGEE, bacaus~ o~ i~ tl+~ svenf of tl+~ failw~ on the pa~1 of th~ ssid MORTGAGOR w duh?, pro~nptly ~nd fvlly pa(wirq, d~fchugR sxecw~, ~ffeq, oompka, canyly with end ~b~d~ by ~sd~ and every the srqwlatans, ayreemeets, conditions, and oown~nn of said praniuwy no1~ and thw mat9ape ~ey or ~ither. and said costs. chupss and expen~es, each and every. sh~ll b~ 'wrrnedi~tely due and p~yable: whether or not tMr~ be notici ds mand, ~tt~mpt to cdkct or wit pen~rg: and ths f~ll amow+t of ~xh and every such paYme^t sh~ll bear ir?te~est from tM dat~ thereof until p~id at the rats of nine per centum per a~num: and all said ccsn, d~uges and expenses incurred w paid, toyetha w~th wch intsr~st. sh~ll bt wcw~d by tM li~n of thit mort~+p~. 0, llwt ln tM ~w~+t of ~ny breach of this JNort9ay~ w defwlt on Nr p+rt of the IYIORTGAGpR, or (b) in th~ went ~ny o~ s+id svm+ of moe»y herein r~fe~nd to bs ~ot pramptly snd fuly p~id with7n thi.ty (30) days nex~ sfie. ~I+e same ~eve.ally become due and payabk, withovt dem~nd or notice, or (rJ in tM ~vMt each and ~very the stipulations. ~gree+nenn, conditian arx! toven+ms of a~d promiuw~ nwe ~n0 tl+:~ matpape any w e~tMr ~rt rw1 iu~Y. P~a^PHy ~nd fvlly p~rform~d, d~sclurged, execvted. effected. comPkted, con+P~ied with and ab~ded Sy, than in eifh~r a any such ~wnt tM said aQ~ pre~t~ sum mentiornd in said promissory rwro then rsmaininp ~np~id, with in~aest aan,ed. aed ~II money~ s~cvred her~by. sMll becwn~ dw and p~y- •bb fo?thwirh, w thereaiter, a~ d+t option of sa7d MORTGAGEE, u fuly xd comple~ely as if a11 of ~he s+7d swns oi money vv~n wgindly aripulated ro b~ paid on such day. +nything ir~ sald prom~ssory rate w in this Mortg~ge to ~he com.a~y notwithstandinp; ud thereupon p iher~aHM ~t th~ opt~on of sa~d MORTGAGEE. without nwice a demsnd, wi1 at lawr w in equiq, therafa~ or thereaftn be9un, m+Y be prosecuted as if ~q mo~+eys sswr~d hereby F~ad matured prwr ro in irnriturion. 7, TMt i~ ths event that at the begi~n7ng of or at sny time pe~ing soy wit upon tha Mwtgape, w to faecbse H, w to refam it, a to Qnforct payment of any claims hereuoder, said MORTGAGEE shall apply ro the CouM having jurisd~ction tt+ereoi for the appantrne~+t of ~ Rxeive~, wch Co~rt sMll fort}iwith ~ppam s ~KNVH OI tiid 11Wf19~l~ PfO~!?fy all and s~ryu{ar, inclvd~ng all and sirgvlu fhe incane. prof~n, issws and rswnues from what~ve? sovrce derived. e~ch and every of which, it beinp expressly understood, is hereby mwtgaged u if spec~fiulfy sef forth a~d dewibed in the Sr~minp ~~d hebendum dauses hereof, u~d such Receiver shatl have aIl the broad ~nd effedive funct~ons and powers in snywise entrusted by a Cowt to a Receiver, and such appointment shatl be msde by wch Cowt u an admined eqo~ty ~nd s mstter of absolute right ro s+~d MORTGAGEE, and wi~hout reference ro tM ~dequaty or iesdequacy of the vslve of the property mortg~ged w to the sowency or insotvency oi said MORTGAGOR or the defendants, and that tuch renh, profits, income, iuues and revenues shall be applied by wd~ Receiver accordin~ to the lien w eq~ity of said MORTGACaEE and the pr~ctiu of suth Gourt. 8. To duly. pranptly snd fully perform, d'achsrge. extcute. effect, wmplete, oomplY with and sbide by each and every the stipulatiora, apreements, conditions and coven+n~s :n said promissory oote and this mortysge iet fpth. , 9. That in rhe evenr the oMrncnhip of the moMgayed premises, or ~ny p,rt thereof, bec«nes vested in a person orher th.n the MORTGAGOR, the MORTGAGEE, its succeuon snd ~ssgns, may, without notice fo the MORTGAOR, de:l wi~h such wccessor o? uxussw in inlerest with re(erence ro this matgape and the debt hereby secwed in the same manner as with Mwtgagw withaA a~ u+y way vit~ating w d~scharpinp the Mortgagon' li~bility hera under w upon the debt hereby secured. No sak of fhe premises hereby mortgaged and no forbcarance on the part of the MORTGAGEE or its svccesson or ~uigns and no exunsion of rhe time for the payment of tl+e deb~ hereby secured yiven by the NWRTGAGEE a in successors or assigos, sF?al) oparat~ to release, d~sclwry~, modify cMnye o? affect tMe oliginal liabifiry of the MORTGAGOR herein, either in whole w in part. 10. h h specificatly sgreed that time a of the essence of this contract ~nd that no wsiva of a~y oblgatan haeunder or of the oblipaYan sr cvred hereby sh+ll +t any time there~fter be held to be + waiver of the terms hereof a of the irutrument secwed herby. I 1. In add~tion to tlx {orego:ng monthly paYments of prin~ p~l and interest required by the prom~ssory oo~e secwed hereby. mortgsgor covensnts and agrees to pay to mortgagee with each monthly payment an add~rionsl sum est~m~ted by mwtgagee to be eqwl to 1/12 of the annual cost of the follow- ;ng: , A-All real property taxa kvicd w assessed aga~nst the sbove desvibed resl estate. ~ B-Premivms on fire and windstwm inwrance as here~n requ~red to be urried on the imp~ovemeats sitwte on the above described premises. i C-Premiums on such mo?t9sge 9wnnty insura~~ce as mortgsgee shall from 1'~me to Yune dce~n fit to prry o~ the loan secured hereby. ~ Mort9~gee shall from time to time notify mortgagor in wriYug of the amoum due and payabk hereunder and wch wm shall thereupon be due and ! paysbla on the due date of the next monthly payment and each successive n+onth theresfter uatil mortgagee si~all not~fy mortgagw of s chsnge in such E amou~t. Such sums shall be applied by mortgagee toward the payment of real property b:es, insurance prem:ums, snd mort9s~e gwranty i~uurance premivms. IN WRNESS WHEREOF, the said MORTGAGOR hu hereomo set his hs~d +nd se~l the d+y snd Year fbtt storasaid. ' ned. Sealed nd delivere tht presente of: , , ~ n STATE OF FLORIDA ~ St. T~iic3e courm oF ser«. a,.«~.iW ,~.:.~a K±~ thl Pen N. KluennelberQ, a Ki do~ ~ ~~ac~. ~a ~ ~n k~, ~~a ~ w ~ ~o ~ the ine!'~vidw deuribed in and who executed the foreyoirg instru~rKm, and ackiawledyed beforc me that ~F~yAexecuted the same fw the purposes ~Il fFKtlin lxpllssad. Alf~Cfl~lXa['s ~ooa~t~uc04amtx~ted D~tb7a~crx~caC ~~~~~~~a'~~+3X ~±~b~x!R4cx~~lc~oc~l~~c~c~c~~e~~~~c~cf~x _ . WITNESS mp iNnd u~d offic;sl ~eal this ~ day of A. D. 19 66 Notary Public ' and for ths e br' t y~e My ~~s~~~" . Retvrn To: ifU~ARY P~6~IC. Sf:.iE Jt F., ni.;.y ai ..,.:ut .a~'~~ • Fi..r F.a~.~~ s~~~. a ~«P'IL^E ~ A~JO -R~E_C-O_JROED ~+r COMAilSSION ExF~a_s ~s;~~. s. :~9 _ ~ - : OI FWt Pilf[!. IAI+' KY,-!\f/1 BOeK ~~ND[O TMROYaM /RED W, O~[iTELNGRfT.-' ~ Fon Pierce. Fbrids " 'i1NrW~NrW Y- ~ '66 APR 2 P ' 36 = - :=I ~ ; - - - ~4~'s~~ . . ` : R~GER PU~ i fiaS. CLERK ~ ` ~'p~ ST. LUCIE COWNTY. . . ~ FLORIOA ~1~,, j ~ BOUK 1~ w~ ~ , ~ f ?1 , - _ , ~ x ~ - - ~,r -~WY ~ `+lfi' ' a~~~ ~ :