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Home My WebLink About2623 To plac~ and continuously ke~p on th~ bultd~nqi now a hereaft~? utuat~ on ~aid land ~nd on atl equipmsnt ~nd pe~sona~ly covK~d by thif mat¢ p~, with •II prtmiu~ lhereon pa~d in (ull, fire insurance in the viual it~ndard policy (orm, ~n • tum ~pprowd by tM MORiGAGEE, and wi~dstam infwu~ce io tM uiual sunda.d po~+cy fam, in • sum ~pproved by ihe MORTGAGEE. a~ch compa~y w compa~las as tM MORTGAGEE may u~(Kii icst~ Qii ~iiC 6i~ iri:cisiGZir-f i:.i~°:v :ti'i ~~°C6 Y-= ='~i ^i =i:el ~~i41:r~s, any int~r~:~ Iherein or oarl therwf. in tM +o~repa~~ sum afp~said ot In ~xcess the~wf, sMll conuin the uswl sundard mortga9ae clsuse a such otha claus~ ~s tM Ma~p~ge~ may ~equi~~, maMinp tM bss undN u~d poii- ciy, tach and every. paY+bl~ to said MORTGAGEE as its intereit may ~ppe+~, ~nd each and evNy svch policy -~all be promptly ~~s.gnaf and delive~ed ro any tieid by said MORiGAGEE ~s furtha secvrity to ~+id ma~y~~e debt, and, not leu tha~ ten (101 days in sdvance of tM expiration of e~ch pol~cy, to da IivN to ~aid MORTGAGEE ~ renewal thereof, ~oyetl+K with ~ rcce~pt fa ~he premium ot s~ch r~new~l; +nd there ~Aall b~ no fire or wind~torm inwrant~ pl~c~d on ~ny of taid buildingt, ~ny ie?terett th~~~in or put th~roof, ~nleu in tM fon+i u?d with tM losi pay~bl~ ~i sfwesaid; and in tM event +~y tum of mon~y becomei p+y+bl~ under such polity o~ policies said MORTGAGEE shall Mw tM option ~o receive and appty tM same on accoun~ 01 tM indebicd~ n~u ~scu~~d F~tby or ~o permit ~aid MORTGAGORS 1o reteive and us~ it w a~y part thereof fw ofhcr purposes, w~~hout th«Ebr waiv~ng w ~mpair- in~ ~ny pu~ry, li~n or rqht ~nde~ or by virtw of this mortyaye; ~nd in tM event ~a~d MORTGAGORS shall fw any reason fail to keep ths s~~d premises so ins~red, w fai) ro dtliver promptly ~ny of uid polities of insunnts to said MORTGAGEE, or fail promp?ly ro pay fully any premium thtretot w in ~ny nipect f~i) b pKio~m, dixhuge, ~xecute, effed, complete, comply with ~nd +bid~ by this covenant, w ~ny parl hereof, said MORTGAGEE may place •~d paY for :uch inw~anc~ w~ny part thereof w~thout wahinp or affectinp any optan, lien, equ~ty, or righ~ undei w by virtw of thii Mort~a~s, and the full amount of each ud ~very iucA p+ym~nt ~11 be immedi~tely dw and p~yabl~ and sMll be+r i~terest from ths date thcreof until paid M tM ut~ ot nin~ per centum pK anrwm and togeth~r with sucA interest shall be secured by tM (ie~ of this mort~+p~- 1. To psrmit, comn?it w wffK no wsit~, impairment w detcriora~ian of ~aid property w any put the~eol. 5. Te psp a!! ar.d :6..~w!es tlr.ces!e, cha~s u+d axpenses, ~ncludirg a reaaonable attwney's fee a*d costs of sbsuacts of title, incurred o? paid ~f any time by said MORTGAGEE, becauu a in the event of the failure on the part of tM ssid MORTGPtaOR to duly, promptly and fvUy perform, d~xha~ga, execute, ~ffecl, compk~~, comply with ~nd a6~d~ by each ~nd every the sti~wlations, ayreements, condi~ions, and covenants of said promissory note and tAii matyap~ ~ny o~ ei~ha, and said costs, ch~rqes and eapenes, each ~nd every, shatl b~ immediately dve ~nd pay+ble; whether a not there be notice de - ..a: r---~:-s. e!~- f••l! ~•_.._r.t of e~ch a••c~ ~.e.r ~•x~+ p+y~+en+ ahall bear intcreat from the date thereof until paid ~1 the rat of ninew r centum ~ annum; and all said cdsts, char es and ex incurred or ~d, t ether wAh such interest, shall be secured by th~ lien of thu P~ PN 9 P~^xs W ~9 morty~. e. That in the event of ~ny breach of this Mortgag~ w default on ttr pan of the MORTGAGOR, w(b) in the event ~~y of sa~d sums of money herein r~ferred to bs not promptly and fully paid within thuty (30) days ne~t after thc same seve?ally become due a~d payabN, without demand a notice, or i~ tM ever~t esch and wery the stip~lations, a9reements, cond~tans and covensnts of sa~d promisw~y note u~d ~h~s mortgsge ~ny w ei~hcr are not iuty, promptly and fully performed, discharged, execured, effected, campleted, compl~ed w~th and ab~ded by, then i~ either a ~ny s~ch event the sa~d ag yrey,at~ wm mentaned in ssid pro+niuwy note thee rem~ininp unpaid. with interest atuued. and all moneys secured herebY. ihall betome due and p+y- able forthwith, w Ihero~fter, al the option of said AWRTGAGEE, ~s fully and complNely as if ~II of the sa~d wm~ of money were wipinally stipulated to be paid on such day. anything in sa;d promissory ewte w in this Mortg~ge to the contrary notwithstsnding: and tl~ereupon or thereafter at the option of seid MORTGAGEE, without notice a demand, suit at law w i~ equity, tFKrefwe w there~fter begun, may be prosecuted as if all moneys secured hereby had matuted prwr to its institutan. 7, Th~t in the event thal at the begi~ning of or ~t any time pending ~oy suit upon this Mwtgsge, o? ro faeclose it, a to refwm it, w to enfwct payment of ~ny claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ct~o~ thereof fw the appo~ntment of a Receiver, such Court shall fortFiwith appoiM a receivcr of said mortgaged property aU ~~d singular, includ~ng all and singular the income, protits, issues and revenues irom whatever wurce derived, each and every of which, it being ex{xes~ly undersrood, is hereby morrgaged u if specifiully set torth ~nd desuibed in the ynntir?g and habendum clauses hereof, and such Receiver shall have all ~he broad and effective funcnons and poweri in anyw~se entrusted by a Court to a Receiver, and such appointment shall be msde by such Court as an admitted equity and a matter of absotute rgA~ to ssid MORTGAGEE, and without reference to the adequacy or in~dequ+cY of the value of the property mortgiged or lo the soivency w~nsolvency o( said MORTGAGOR w the defendants, and that such renrs, profits, income, iuues and revenues shall be applied by such Receivm accordin~ to the lien or equity o( said MORTGAGEE and the practice of such CouA. 8. To duly, promptly snd fully perform, discharge, execute, effect, complete, comp~y wi~h and abide by each and every tFx stipulaYana, agreements, conditiora and coven+nts in sa~d promisso?y note and th;s martgage sN forth. 9. Thst in the eveM the ownenhip of the mortgs9ed premises, w any psrt the~eof, betomes vested in • person olher than the MORTGAGOR, the MORTGAGEE, its succeswn and suig~s, may, without notice to the MORTGAOR, deal with such successa a successor in interest with reference to this mortga9e and the debt hereby setured in the same manntr as with Mortgsgw without in any way vitiating a dixharging the Mwtgagors' liability herr under w upon the debt he~eby secured. No ssle of the premixs he~eby mortgaged snd no fwbearsnce on the part of the MORiGAGEE q its successors or aasigns snd no extension of the time for the payment of the debt hereby secured given by the NtORTGAGEE or its successors w auigns, shall operate ro releue, dixharpe, modify change or affect the orig'a?sl lisb~l~ty ~f ~he MORTGAGOR herein, either in whole w in part. 10. It is speciPKSlly agreed that time is of the esscnce of thGs contract and that no w~iver of ~ny oblget~on Ixrevnder or of the obligsYwn sr a,red hereby shall st ~ny time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby. ~ 11. In addition to the fwego:ng rrwnthly payments of prirK pal and ime~est required by the prom~ssory note secured hereby, mortgagor covenants i and sgreea to~ay to morlgagee with each monthly payment an addirional sum estimated by mortgagee to be eqval to i/12 of the annual cost of the folbw- ing: A-All real property taxa ~ev~ed w assessed against the above described real estate. B-Ptemiums on fire and windstorm insurance as hcrein requ~red to be carried on the improvements situate on f!x sbove described premises. C-Premiums on such mortgage guaranty insurance as matgagee shall from t~me to time deem fit to carry on the ban secured hereby. 1Kortgsgee shall from time to time notify mortgagor in writing 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 urtil mortgagee shall notify mwtgagw of a change in suth amouM. Such sums shall be applied by mortgagee toward the paymenf of real property qaes, insurarxe prem;ums, and mortgage gvaranty insurance ~ premiums. ~ IN WITNE55 WMEREOf, the said MORTGAGOR has hereunto set his hand and seal the da and ytsr fir:t aforesaid. and deti in of: ' ~ q , aq ~ ~Se+O STATE OF FIORIDA ~ SS. ~ St. Lucie . ; defwe me p~rwr»Ily sppesred Jerald D. ?.S tUll ant! ~ ~ R i_ t g E? S tiL 1- his wifc, to me well (cnawn and known to me to bs t the indiridwb described in ~nd who e:ecvted the foreyoing instrument, ~nd ~ckrawledged befwe me that they executed the same fa the purposes ; rhere~n expresssd. Md the sa~d Rita E. StUll ; wife ot tM said Jerald D~ Cf:tlll ~pon a xparate snd p~iwt~ examination by me qken separste and apah from her said husband, ackrawledged to and befwe me that she executed said instrumeM freely and volurr rarily and without arqr compulsion, constraim, apprcF~ension, fsu of a from her said husband. . WITNESS my h~nd and official sesl this .'j day of JunO A. D. 19 66 ~..t. _ r ~ a> V~ N ~ry Public in ~nd fw the St~te of Fbrida at lar~e ~ Retum ~a My Commission expir~ t~. Stif! Of F~011di ~t ~qt ~ ' ~ Fint Federal Savings a Losn /?ss«~at~p~LEO AMO RECORDED Mp'C~eissis~ E~Mes Sept. 23• 19(~9 of F°" P:~'«. ST. LUCIE COUNTY~ FLA.' ~ fort P~~.«, Florida RECORD VERIFIED . . ~ ~ ~Pt,e~ . , : ~ . ~i , '66 JUN 3 PM 3 : 06 _ ~ . ` ° ' 145825 - ' - ~ - .J ~ • ROG~~R i'01 ~ RAS ~ , , CLERK CIRCUIT COURT = ~ ; ' ~ aoo«14? 2~1 ~ ~ ~ ~ ` i 1A i ` , j ~H~' . _ _ ' _ . _ _ 'e`Y ~ L . r . . ~ ~ ~ ~j'"`•` ~ r=+: - ~ -~X~ S " r~ ~.~w~`'_~,:"::.:; . . ~ _ w_r'..`~.'~-c,..~_ ~ .