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Home My WebLink About2001 • . j ~ To plac~ ~nd contin~ousy ks~p on rM bvi!dir~ps now w MrsihN s~twr~ on iaid land u~d on +II equiprnem ~nd pKSOnally coversd by~hts n+ortg~ ~ga, with all ptmiums therson paid in iull, fire insurance in the usual sunderd policy fam, ie? a swn apptovad by tM MORiGAGEE, and wirxh~orm iniuranc~ in tht usw) standard pol~ty form. in a ~um approved by ~M MORT('sAGEf, in ~uth tompany or oompaniK u tM MORTGAGEE m+y d~~ec?; a~d ~11 fir~ and windsb~m iruwance poliues on ~~y of sa~d b~ild~nqs, ~ny int~~~sl therein o~ pan 1M~wf, in 11~ ~qy:ey~» w~n afor~said a ~n ~zcess thNeof. sh+ll ca+ain ~h~ uiwl itanda~d mortgage~ dause a such aha davis ~s ~F» Ma~gage~ msy rputr~, m+k~rp tM loss vnds. sa~d pd4 c~e~, each ~nd ~vKy, payabt~ lo said MOR~GAGFF as i?i inrerest may appea~, and e~ch u+d ~very iuch policy ~hall b~ prompNy ass yned a~+d deliverad to any MW by ~id MORTGAGEE p furthtr seturity to said mortpa~ d~bt, ~~d, not less ~ha~ ten (10) days in advance of tM exp"u~t~a? of each polccy, to d~ live~ to uid MORTGAGEE ~ rtnewal therwf, lopethtr with a ~eceipt fw fAs prtmium of such renew~lj ~nd ther~ ~II be no fi~~ w windstam insurat~t~ pleced p? ~ny of said buildirgs, any intereit thtrein or parl thereof, unleu in the form a~d with ~M loss pay~bh as aiwessid; and in tF~ ~vent ~ny sum of mon~Y becom~s paYabl~ under wch pollcy w policies said MORTGAGEE shall F+~w tM option a reccive u+d ipply the ~une on account of ~he indebted ness secwtd I~eby or 1o pe~mit ssid MORTGAGORS ro reteive ~nd uie it a sny part thereof for othcr purposes, without ~he.ebr waiving or ~mpair. ~no any p~ity, lix? or riyht w~der a by virtw of this mortyags; uid in the tvenl s+id MORTGAGORS shall for ~~y reason fait to keep the aid premises w : ~nsured, or f~il W deliver promptty ~ny of s~id poticies o( insurance ro aaid MORIGAGEE, w fail promptly to pay fully ~ny premium tl?erefor or in a~y ~ rospec~ f~il to p~rfonn, diuhupe, eaecuto, effM, compl~ts, comply wi~h and abide by this covensnt, or a~y part hareof, taid MORTGAGEE msy plsca u+d ~ pay fa suth iMUrance w ~ny put tha~eof without wsivinp or affectinp any option, lien. equiry. or ~ight undtr a by virtw of this Matp~ye. ~nd thc full amovnt of eacA and ~wry suth paymtnt sMll be immediately dw and payable and shall be+r interest from tFw date thereof until paid a1 the rat~ ol nine per centum per u?rwm and togethe~ with such interest shall bc secured by the lien of this mort~age. ; 4. To p~rmit, oortunit or suffer no waste, imp+ument w deterioration of said property or any part therwf, S. To pay all and sinp~lu the cosh, charyes +nd e:penses, includinp s reasonabte arrorney i fee a+id costs ot sbstrscts of titls, inc~?rced w paid at eny time by said MORIGAGEE, betauae w in the event of the fsilure on ths pan of ~he ts;d MORTGAGOR to duly, promptly snd fully perform, dixharg~. •xecute, ~(fect, eompkte, comply with and ~bide by esch and every the itip~rlat~ona, ayreements, conditions, ~nd eovenants of said promissory no~e and th;a mortg~e sny or ei~her. and said costs, charges and expenus. c~ch and every, s!»II be immedia~ely due and payabts: whether w not, there be notice da mand, attempt to colktt w suit pending; snd the fvll arrwunt of eath a~d rvery such payment ihall bear interost from the d~te lhcreof v~til p~id ~t the rare oi nin~ per cenwm per annum; and all said costs, charges snd expcnses incurred or paid, togelhe~ w~th such lntaqt, sF~all be secured by ths liK? of tF~i~ mortya~. - 6. That in tM evtnt of a~y be~ch of this Mortgage or defsult on the part of the JNORTGAGOR, w~(b) in the ~vant ~ny of ssid avms of money herain referr~d to be not {xomptly and fully p~id within thirty (30) days neat aiter the same xverally becane due ar+d pay~bk, without demand or notite, e. (c) In tM ewat exh u~d evsry tAe itipulatio~s, agreements, cond~~ions and coveeNnts of ia~d p~omiuwy note and th~s mortga9e a~y w either are nof ~uly, promptly and fully pcrformed, d~xhsrged, exetuted, effected, completed, complied with and sbFded by, then in eithet w any such ewnt tM uid a~ gregate wm rn~Mia+ed in said promissory Rore tAen remaining unpsid, w;th interesl acvued, and all moneys secu~ed hereby, thall becane dw and pay- eble forthwith, w theiesfter, at the option of said MORTGAGEE, as fully and completely as ii sll of the said swns of money we~e aipinally atip~?lated to be paid on such day, anything in sa;d p~omiuory ~ote or in this Mortgsge to the contr~ry notwith~tandiny; arw! tF~ereupon or thenafler a1 tM op~ion of ~e;d MORiGAGEE, without notice w demand, suif at law w in equity, II1lfe(Of! Of 1AMNftN beg~n, may b~ prosetuted as if all ma~eyf secured hereby had mstund prqr to its inatitution. 7. That in the ~vent that ~t the beginning of or st any time pcndirg any wit ~po~ this JNwtgag~, or ro iwatlou it, a to reform it, p to enfo?q payment of ~ny daims hereunder, ssid MORTGAGEE sMll apply to tF~e Court having jurisd~ction thereof for tha ~ppointment of • Receiver, svch Covrt shall Forthwtth appoint a receiver of sai~! morigaged property all snd singular, incl~d~ng atl and singular the incom~, profits, issues and rewr+ws frwn whateve~ : tourte derived, eath a~d every o~ which, it being expresaly understood, is hercby morrgaged as if spetifically set forth and desctibed In the ~ranting u?d hebendum dauses IKreof, ~nd such Receiver thall have all the b~o~d and effective funct~ons and powers in ~nywise entrusted by a Court ty a Rcceiver, ~nd tuch appointmeM shall be made by suth Cou~t ps an ~dmitted eq~ity and s mauer oi ab:olute rigAt to said MORTGAGEE, ind w;thout reference to ths edeq~aq w insdeqwcy of the value of the propHty mortgaged or to tF?e wwency a insolvency of said MORTGAGOR a the defend+nts, and that svch y renfs, profiri, income, issues and revenuei shall be applied by such Receiver accwding to tha lien or equity of said MORTGAGEE ~nd tha practice of such ~ Court. ~ 8. To duly, p?on?ptly and fully perfwm, diuharge, execute, effect, complete, comply with snd sbide by esch and wery tFa stipuktions, agr~ement~, condiiwns ~nd covenanq ;n sa;d promissory note and this mortgagc ut forth. , 9. TMt in ihe eveM the ownership of the mortgaged premises, a any part tFKreof, becomes vested in a penon ofher than the MOQTGAGOR, ths ~ MdRTGAGEE, In svcceuan snd as~igrn, may, wirhout not;ce to ~he MORTGAOR, deat with svch succeuw p pxcessor in intereit with r~fcrence to thia moitg~ge and the debl hereby secured in the same manner as with Mortgagor without in ~~y wsy vitiatinp a di~ch~rging the Mottyagon' lisbility herr Under or upon the debt hereby secured. No sate o( ~he Fremixs hereby mwtgaged and no forbea~ance on ~he pan of the MORTGAGEE or iri successors or assigns and no eztension of the time for the payment of the deb~ hereby securcd given by the MORTGAGEE or itt suueuors w auigns, sMll operats ro release, disch~r~e, modify tl~ange or affect the wiginal liability of the MORTGAGOR hcrein, eithe? in whole w in psrf. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hersunder or of the oblig~Yan se- cured hereby shall at any time thereahe? bs hefd to be a waiver ot the terms hereof a of the instrurtient secwed herby. 11. In addition to the forego:ng monthly payments of princ'pal and interest requ~red by the prom~uory no~e secured hereby, mortgagw covenants and agrees to pay to mortg~gee with each monthly payrnent an additior~al sum estimated by mortgagee to be eqval to 1/12 of the annual tost of the follow- ;ng: A-All real property taxes kvied or assessed against the above desuibed real estate. B-Premiums on fire and windstorm insurance as ixrein ~equ~red to be carri?d on the improveme~ts situate on the above desaibed premises. C-Premivms on such matgage guaranty insurar~ce as mortgsgee shatl from t~me to time deem fit to carry on tF~e loan secwed hereby. Mortgagee shaN from time to time notily morrgagor in wr;t;ng of the amoum due and paysble herevndrr ~nd tuch sum shall thereupon be due and Fayabte on the due date of the ne:t monthly payment and each successive month thereafter ~rtil matgagee shall not7fy mortgagw of s change in such aTo~nt. Such sums shall be applied by mwtgagee toward the payment of real proprrty faxes, insurance prem:ums, end mortgsge guaranty insurance premiums. IN WITNESS 1NHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ye r first afaesaid_ Si~osd. Sealed ~nd delivered in the presence of: /i~ ~ fSea~ ~n ~ e „ r ~--.n..n ~ ~ ~ ~ . ,~..n , S7ATE OF FLORIDA couNrir oF - St _ Lucie ~ ~ eefore ms personally appesred S 9lRlle 1 F_ He ir a~ Alberta C_ Heir formerl Alberte Cutnmin s ~ ~ ~ his wife, to me well krawn and known to me to bs the indiridwb dacribed ln and who e ted the for a ~nst ument, acknowl fwe ms tha they ecuted the same for the purposes therein ex~.~.~a. a,d rh. ,,:a ~1~berta G.~HHe~r, f ormerly ~~`berta ~wnm~ngs ~~ie of tM ~aid SBIIltl@1 F. Heir s separate ~nd privat~ examineYan by me faken separate and apart from her said husband, atknowtedged to and before me that she exetvted said instrumeM freely and votu~r ter;ly a~d w;thout ar~y compulsion, constrsint, apprehension r fear of or from her said Fwsband. WITNESS my hsnd and official seal thi day Jul q. p, ~q 66 . No sry Public in snd fw the Stste of Florids at lar~e My e«nmiui«? .xpi.ea: _ Z ry_ ~p ~ Retum 70: 7 Fint Federal Saviogs 3 losn Association at (qAGe r~~.~ . - - - Of Fort Plerce_ ~ _ , fi T: . i r ~ ' . . fort Pierte. Florida ~ • ~ • ' . -IwY Cc ~ . . ' i, ! ^t' q ~ -;r ' ' eor~~co . _ _ _ . F(L~p qN _ •.r - - , ST LUCIE COUNT R~ED . ~ r R~CORp y Y. F~A. . . . . , _ : _ ~ / ER?FrEO - , , - ~ ~~-'~o ~ ~ 5 I l-11 C t- L U I U ~ " - ~ . . ' r. « °k-~~l.-~ ~ DOCUMENTAo" STAMP TA7~ ~ , ZS C,~ ~ . ~ = ,,u~2s~ z ~ ~ ? n _ , . • ~18 F- V - ~Y~r r- 4' 2 5~ ~4~~ ~ COMPTROLIERy ~~p~ _ C~ERK r " P6.19~138 " BOOK151 2~O - RCU~f ~p~RT ~ - - . _ _ _ , - ~ ; - _ - - , - ~ 4 . iJ~ n ' ~ i t il;~ ^ ~ - ,.a, ~V