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Home My WebLink About1915 i; ~ qa~c ~N~.:n~ : ~ . ti c.. . , . ~ ~ ~ . . . . . • , ~ . . . , .d: ) ..~Ni .u~yE~ o~ L?, n•u~'-S o~ ~~ii1: ~ . . . . . , . . . . . , . ~ ; ~y vs~ t~~,.y ,:~q o~ .A~,1 . • ~ . ~ . . , . ~ , " . . . , . ,.~~1 t., . To plap ~nd continuousFy ke~p on ~h~ b,iildinyt now w h~resfr~. sitwa on said (~nd and on al) eqviprn~m ~nd p~nonaliy cowr~d by tAis mortp~ ~pR, with ~0 pemiwns lhsreon paid in full, fire insuranc~ in the usual itandard poli:y form, in • sum app~ov~d by tl?~ MORiGAGEE. ~nd winditorm hswar~ in tM uswl sunda.d pol~cy tam, in ~ ium ~pproved by ~h~ MORTGAGEE, in such c«np~ny or compaoies ~s tM MORTGAC.FE may dinctt +~d ~II fin u~d windttonn insuranc~ policic~ on ~ny of ssid build~np~, ~ny Intt~est thetei~ w pa~t tMreof, i~ tM apyreq~te ium afa~said u in ucats IF~~of, shall contain th~ viwl sundard mortgage~ clavse a such o~hK claus~ as tM Mwtyagee may rpuu~. makinp ~he Ioa under sa~d po1F # tia. Mch ~nd ~wry, p+yabl~ to s~id MORTGAGEE as its interest m~y ~ppear, and eacA and every svch pol;cy ~hall bs promptly ~u:yncd and de~ivsr~d to . ~ny MW by i+id MORTGAGEE as f~rtht~ ~ecuriry lo said mo?tgag~ debt. ~nd, not Itu tF?in ten (10) days in advante of the expiratia? of e+ch policy, to d~- IfvN b wid MORTGAGEE a rlnew+l th~reof, tope~hK with ~ receipt tw the premivm of tuch ranewal; ~nd ~hers shatl b~ no fir~ or windsto~m insuranc~ pl~ad on a?y of said bvildinys, any interest tAe~ein a p~rt thereof, unless in the fwm and with th~ lou pay~bl~ as ~fwesaid; and in the •vent ~ny ium of maNY betom~i payabf~ ~nder wch polity or policisi said MORTGAGEE shall haw ths option to receive and ~pply tha sarne on account o( the indebfed- ~Y wcw~d ht«by o? w permit said MORfGAGORS to receive and ~ts it a any part thereof fo~ onc~r purposes, wi~hout th>rEb~ waivi~ig a~mpai.- irg anr puity. li~n ot rght u~xle~ or by virtw of this mortyaqe; u~d in the ~vee+l s~id MORTGAGpRS aha!1 fa ~ny reason tail to keep the said premises so hWred, w f~il b deliver promptly ~y of said F+olicies of insuraoce to s~~d MORTGAGEE, a fail pram~tiy to p~y fuliy any premium theretp p in any ~e~p~ct f~N p pt~foren, d+scl~arpe, exscv% ~fiecL compbte, comply with ~nd ~bide by this covenant, w ~ny pa~t Aeraof, t~id MORiGAGEE may pl~c~ and paY iw such imu~anc~ w a~y part tMreof witho~/ waiviny w ~ffectinp anY opt;on, li~n, puity, o~ right u~ w by vir~w of this Mat~ape, +~+d the fuU Mnovnt of ~ach and ~wry s~th p~yrneM sMtl bs imn?adiatefy dw aod p~yable and ~bal! bear intereit from tFy daq thereof votil paid ~t ~he rata ol nin~ pK ce~tum pK urwm and togetlxr with such inte~est shall be iacured by th~ IiM o( thii mortya~~. 1. To pKmit, eommil or wffer no wast~, impairme~t w dete~iw+tan of uid p?operty w any psrt thereof, S. To pay ~II Md sinpvlar the costs, ch~~es ~d expenses, includi~p ~ re~sonable attonxy i fee ~nd wsh of abstracn of titls, incurred o~ paid af a~y tiery by said MORTGAG:E, becauss ar in the avent of ~he failure on the pan of the said MORTGAGOR to d~ly, promptly ~od f~lly perfwm, d~uhsrg~ ~xecv», dfect, compkt~, oomply w~th and ~b~de by each and every the ttipulauons, agrccments, cond~tions, and covenann of said promissory note and ~hi~ +nortyaw ~Mr or aiihsr. a~d said to~ts, cha~ges and expenses, csch and eve?y, sl?~II be tmmediately due and payable: wherher a not tlxro be aotice da nn+nd. +ttemp~ to co~lect or suit pendingj and the full amo~m of each eod every such paymem shatl bea? inte~eit from th~ date tF?ereof u~til paid a1 the rate of nin~ per centum pe? an~wm; snd all said costt, charges snd expenses incurred or paid, together w;th auch inter~t, sh~ll be secured by tM lien of t!w ~q~ 4. ~Mt In !M event of a~y breach of this AAwtga9~ or defavlt on the p+~t of the MORTGAGOR, o? (b) in tM ~vent any of said sums of rtae~y j Mr~in nfe?red to be not promptty and fvlly p~id withio th~rty (3p) days neal after the sart?e severally become due and psyabts. witFaut dem+od w notice. 1 or W in tM event each and every the sripulations, sgreements, conditions snd coven~nts of ts~d promiuory note and ~h~s mortgaQe any p eithe? ar~ not ~uly, promptly and fully perfamed, dixharged, executed, effected, completed, compl~ed with ~nd abided by, then in either or any such event ths said aQ~ prpah wm mentioned in said promiuory note tMee~ ~emaining u~paid, with interesl acuued. and atl moneys setvrsd. hereby, ahall become dw and pay- •W! iorthwith, o~ there~fte~, at the option of uid MORTGAGEE, as fully and compktely as if all of ~he said sunr of money were o~iginally ltipulated fo b~ p~id on s~ch day, anythinp in said promissory note w in this Mortgage to the contrary notwith~t~~diny; and thereupon w thereafter at the option of aid MORTGAGEE, witlw„t notict w dema~d, wit at !aw a en equ~ty, therefore w tbsreafter beyun, may b~ prosecut~d a if ~II mor?eys securet! heteby h~d rtwtw~d prior lo its institution. . f. Thaf in the event fAaf ~t the inni i beg rg of or st any time pending any suit upon this Mortg~ge, w to Mreclose it, or to refwm it, w to enfwp , payme~t of sny d~ims her~nder, said MORTGAGEf shaN apply ro the Cou.t having ju,~sd'ution thersof fw ~he ~ppo~ntment of a Receiver. such Court shalt ; fonhwith appoint a raceiver of sai~! mortgaged property all snd singular, includ~ng all and singu4r the incoms, Rrofits, iuws and rev~nues from whatever sa+?c~ derived, each ~nd every o# whKh, it beinp expressly ~nderstood, is hereby mortgagcd as ii specifically set fwM ~nd dettribed in the p~a~finy and h+b~nd~m d+uses hereof, and such Receiver sMll have ~II the b+o~d and effective functions and powers in anywise entrusted by a Court tp a Recciver, ~nd svch appointment sha11 be made by s~ch Court ~s sn ~dmitted equity and a matter of absotute r'ght to said MORTGAGEE, and without reference to tM ~dpuacy or i~?~deqvacy of the wlue of the prope?ry mwtgayed or to the wtvency w i~solvency of said MORTGAGOR a the defendants, and that suth rents, profib, iocome, iu~es and revc~nues ihsll be apptied by SUCI1 RlCCiVN MCOfditl9 10 1F1! Iilf1 Of eqviry of said MORiCsAGEE and the pnctice of ~uch Court. 8. To duly. prornptly snd fully perform, dixhsrge, execu~e. eFfect, compkte, comply wi~h and abide by each uid every the stipulations, agreements. conditlom ~nd covcn~nts in said promissory note and this mortgsge set fath. 9. That in the event the ownership ef ~he mortgsyed pran;ses~ or any part thereof, becomes vested in a peraon other thsn the MORTGAGOR, ihe MORTGAGEE, hs succestws ~nd auigns, may, rvithout no~ice to the MORTGAOR, deal with such successor or p~ccessw in inte~eit with refa~nte to thi~ mat9+~s and ff~e dcbt hereby secured in tM same manner aa w~th Mortgaga without in any way vitiatir?p a discharging the Mortgagors' li~bility her? unda o~ upon tM debt hereby secured. No sale of the premius hereby mongaged and oo iwbea?a~ce on the part of the MORTGAGEE w iti successon or ~uig~s and no e:tension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its tutcessors w auigns, sMll operat~ ro r~kas., dischar~e, modify chsnge w affect the orig~nal liabiliry of the MORTGAGOR hereio. either in whole or in psrt, j 10. It is specifically agreed that time is of Ihe essence of this contract and that r?o waiver oi any obligation hcreunder a of tFa oblipation se- ~ a~nd 1a~eby sl~all at my time nc~~caher be held ro be a waiver o! the fe~ms hcreof or of the instrument secwed herby. ll. In add;tion to the foregoing monthly paymams of princ'pal and intere:t required by the prom~ssory nore secured hereby, mwtgagor covrnants and agrees to pay ~o mortgagee with each monthly payment an add~~io~al sum estimared by mortgagee to be equa~ to 1/12 of the an~ual cost of the follow- irg: A-All real property taxes kvied a asussed against the above described real estate. B-Premiums on fire and windstorm insurance as Ixrein requ~red to be carried o~ the improveme~ta situate on the above desvibed premises. C-Premiums on suth mortgage guaranty insurar~ce as mortgagee shall from time to time deem fit to tatry on the ban secvred hereby. AAwtgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable lxrevnder sred ~uch sum shall thereupon be due and payable on the dve date of the next monthty payment and each successive month thereaiter ur.til mortgagee shall notify mortgagor of a change in s~ch •mqunt. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insvrance prem:ums, and mwtgage guaranfy insurance premiums. IN WIINESS WIiEREOF, the said MORTGAGOR has hereunto set his hand and sesl the day and year firsf afwesaid. i led ~n delivere in tM presence of: : .n , STATE OF FLORIDA ~ CouNiTY OF - t_ i e S5. eefo?e me ~~onal~y s~ear~d - D8 o th8 Fe 1 t on 8 i~ti dot~ r__g~j_1'r ~nk 1 i n p garri s his wife, to me well known and known to me to be ~ ths individwb described in u+d who exccufed t!x foregang instrort~ent, u~d ackraM,ledged before me tiwt they executed tbe same fw the purposes ?Iwretn .xp~..,ed. Ar~ Th...~d Valerie V Harris wif~ of tM ss~d _ 1~rAnkl i n A~ $~1'~~ q upon a sep~rate and priv~t~ examinaYan by me taken separate and apart from her said husband, ~cknowledged to and befwe me that she executed said instrumeM freely and volun- t qriFy ~nd withart any computsbn, cautroint, apprcMeniron, g fear of w from her iaid hvsband. ; WITNE55 my ha~d and official seal this q7~•~1~ day of A. 0. 19_~].~ f' • - - Notsry Pu ' in ~nd for tF~e State of Florids ~t Larye Return To: MY ~ w~ exPires: F(nt Feder~l S+v ~ Association NOtiry PIJbIlC, ~t~ tt~ Stat~ oi Rorid~ aE Card! tE~. • ~ My Comm`sion Expiras Aug,, b, 1967 F1LE0 ANp R ._~E~~ ~,,w ECOROE~ ~ @ond~d 8y Amarican Surety co. 01 N. Ya ; ST. LUCIE COUNTY. ~ _ ~ Q ; ~0 Z-~~., :.•~:I . RECORD VERIFIE C~~ ~ ~ v+: .t~.~` ~ ~ , ~~,:A~ a".: '66 JU~ 22 PM ; . _ 5 = 8 14`?'i25 0 ~'j~';;~ t'•". . • F~OGER F'OITRAS ~ ~ CtFRK CIRCUIT COURT ~ ~ sooK 151 114 ~ r ~ ~ - # -n z,~~ : ` w ~