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Home My WebLink About2280 To plaa ud aonrkwovsly ke~p on tf» buildinps now a MrtaftK situ~t~ on sak) iand Ned o~ ~II equipn+~^~ u~d PKSO^~~~Y co"K~d bY tA[s rtwrt¢ aq~, witA al) pnmiwna tht~~on p~~d in full. iiro inturanc~ in tFw viwl stan~ud policy fam, N• twn approwd by tMsMORi~GE~R ~~~~~Y Msur~no~ In tir uswl atu~dard policy fam, in ~ wm ~pproved by tM MORTGAGEE, te such comp~^'t p~pan d'ueds ~nd all fi?~ ~nd wind~lo~n insvranp policiK on ~ny of NIII b111Idi11~3. allY If1fNh1 tF1Nf111 0/ piA II+K~o1, in tM p9re9aq w~n dore~aid a In ~xo~ss Ihw~oi, sMll oont~in tFw vawl s~sndud matyage~ clsus~ w such orher cla~,ss ~s tM Mort~a9se ~++Y nquu~. ~++kinp ~M loa undK sa~d pd4 c~ss. ~ach ~nd ~wry. p+Y+bl~ w s+id MORTGAGEE ~s itt inierest m~y ~pp~ar. and each and tvery ~~ch policy sMll b~ pra+~ptly as:yncd and delivt~ed b aay Mld by aid MORT(;/?GEE a iwther secwity to s+id matp~ dsbt, and. eat bss tMn t~n (10) da~rs in ~dvant~ of IM expi~ation of ~ach policy, to da I~ve~ ro aid MORTGAGEE • r~n~wsl thtrwf. top~thtr witA a nce~pl for tM pr~mium of wch ~H+ewal~ and ~Mre tF?sll be no f'u~ a windstwm iruur~~u plepd on ~ny of said buiWinps, aoy inter~st 1her~in or put the~eof, vnleia in tM fam ~nd with 1M lou paYabl~ u afa~s+id: u+d in tM ~vtnt any sum Q} ~,a~ ~p ~y~ ~ policy or policiss said MORTGAGEE shall Mw tM optan to receiw aod apply ths iame on accouM of the indebted- rxu s~cw~d hK~by w b pKmit said INORTGAGORS ro receiw +nd uss h w any par~ thereof to. o~hcr purposes, w~~hout thNeb~ waiving u~mpa'a- inp any pviry, liu~ a ripht w~d~r w by vlrtw of tha mortpa~e; N+d in tM ~va+t ~aid MORTGAGORS thall (w sny rwwn fail to keep ~he said pre+~7sa so insured, w f~il b deliwr prornptly ~nY of s~W policies of intWanc~ to said MORTGAGEE, or f~ii praoptly to pay fully any prsmium Ihorsfw or in any r.~p.ct fdl b pNfarm, dwcharye. ~x~cut~. ~ff~ct, complN~, complY wi~h and abids by this oov~n+n~. w ~ny put huw(. said MORTGi.GEE may p~~ce and ~aY fw wd~ inwrano~ or a~y put thKeof without w~ivinp a ~ffectinp ~ny option, li~i~. equity. a riyh~ u~ or by virtw of this Matys~. and ihe full anaw~t of each and ~wry wch p+ymMt sh+ll b~ imnedNtey dw and pysbl~ a~d sMll bear inter~st irom t!M dat~ thereof until paid ~t ttw rat~ of nine pK amvm pK aixwm and together wi~h s~xF~ inte.es~ shall be secured by th~ lien of this mwtp~g~. To p~rmlt, camdt or wffer no was1~. impairme~t or dete?'aration of s~id property or ~ny put thereof. S. To pay ~II and sinp~lar the cosh, cMr~ea and expeexs, incl~diny s reaia++ble attorney's Fee and cosh of abit?actt of title, incur?ed w p+~d ~t any tirrk by ~+id MORTGJIGEE, b~ca~ss or in the went of the failure on the part of tM uid MORTGAGOR to duly. promPNY ~nd fu11y paform, d~xh+r~ •xccut~, ~ffep, oomplet~, comply with u+d ~blde by ~~ch and every the stipulations, aqroements, cond~tiau, and cown+nn of said promiuory note and thw mort9ay~ Mhr or ~ithN, and s+id wsts, cMryes and expenses. each and wery. sMll be iernedia~ely due a~d payable: whether or no~ there be r.otice dr mand, atMmpt ro oo11M w suif peoding: and tM ful) artaunt of each and every s~ch paymenf shall bcar inte~~st from t1w date thereot w?til p~id ~t th~ rat- of nlns pe? untum per ~nnum; ~nd all said oosts, cha~ges and eapenses incv~red a pald, fogether w~th such int~rNt. thall b~ tetured by th~ li~+? of tha mort~a~. ~ 6. T)ut in th~ ewM of ~ny breach of this Ntorty~ye o? defauU on th~ paA of the MORTGAGOR, a(b) in tM tvent any of taid sums of money hereln rtfKr~d to b~ not pranptly ~nd fully paid within thiry (30) days next afte~ the same severally b~come dw and p+yable, witho~t demand or ~+otice. ~ or (c) In fhe ~wm exh u~d every the stipvtations, agreernenri, conditions and cover++nri of s+~d promiswry note ~nd th~~ mortps~e any w either ~r~ not iuly, promptly ~nd fully perfwmed, discharged. executed, eftected. completed, complied wi~h and sbided by, then in ~ithe~ a ~ny svch evant the said ap~ preyate wm meM'ar?e~ in s~id promissory note then remainirg unpaid. with interest ~ccrued. and all ma+eys Ntured. hersby, sMll become dw and p+y- ~bla forthwith, or thereaher, at the option of said MORTGAGEE, as futly and completely ai ii ~II of the wid wms of money were apinally s~ipulated to be pa~d on wd~ daY. ~nythirg in sa~d prom~sswy e+ote w in this Mat~ays to tF?e contr~ry ~otwithstsndinp: and thsreupon w thereafter tM op~i«+ of ~a1d MORTG~GGEE, without notice a dem~nd, suit at law or in eqvity tF1lflFOfQ OI 1F~tINIfH beg~n, may b~ p?osecut~d u if all moneys secured hereby . had m~twtd prqr to ib institution. 7. Th~t in tM ~vent ~hat ~t the baginning of or at ~ny tims pendinp sny wit upon this Mortg~ge, w to for~clos~ it, o? to reform it, or to enforn payment,of ~ey daims hereunder, said MORTGAGEE shall ~pply ro the Carrt having jur~sdlcian thereot f« the appantment of ~ Receiva, such Cou?t sMll forrhwith appoint a receiver of w' mortps9ed property alI snd singular, includ~ng all and singular the incom~, profits, issues ~nd- ~~venues irom whstev~r s w~rce d~rived, exh ~nd every o whKh, it beir+p expressly understood, is hereby mortgaged as if speci(ically xt forth ~nd dewibed in the 9raroing and habendum tlauses hereof, and s~ch Receiver shall have all the broad ~nd effective fvnchons and powe?s in anyw~se entrusted by a Cou.t t0 ~ Receiver, ~nd such appointment sh+ll be made by such Court ~s an admitted eqvity and s m+tter of absolute right to taid MORTGAGEE, and without reterence ro th~ edeqvacy a in~deqwcy of the v~lue of the property mortg~ged w to the sohrency o~ insolvency of said MORTGAGOR w the defendants, arn! that such renrs, profitt, income, iss~es and rwenues sFwll be applied by such Receiver accordinp ro the lien or equity of s~id MORTGAGEE u~d the practice of such CouA. 8. To duly, pron+ptly and fully perform, discMrye, execute, effect, compkte, comply w~th and abide by sach and ~vecy ths stipulations, agreements, conditiora and aove~ants in ssid promiuory rate u+d this mortgsge set fath. ' 9. That in the event the ownership of the morrgsyed premises, w s~y pan thereof, becomes vested in a perwn orher rhsn the N10RTGAGOR, ~M MORTGACaEE, i» successors and auigro, msy, without notice to the MORTGAOR, deal wiih such successor o~ wcussa in iMeresl with reference to this mortya9e and the debl hereby secured in the same manne? as with Mortgagw without in any way vitiatinp or d~xharping the Mortyagon' li~bility her~ under o? upon the debt hereby stsured_ No sale of the Fremiu~ hereby mortgaged and no forbearence on the pan of the MORTGAGEE w its succes~on , or assigru a~d no eztension of the time for the payment of the debt F~ereby secured yiven by the MORTGAGEE or iri ivcceuors w ~uigns, shall operatt ; to release, discMrye, modify chsnge w affect the orginal liabiliry of the MORTGAGOR herein, either in whok w in part. 10. It h apecifically agreed that time is of the essence of this contract ~nd tl+~t no waive~ of sny obligat~on hereunder or of ths obliDation sr cured her~by shall at any time thereafter be held to be a waiver of the terms hereof or of Ihe instrument secured herby. 11. In add~Yan to the fwego:~g monthly payments of princ'pal and imerest requ~red by the promisw?y r+o?e secured hereby, mortgagor covens~t~ ~ ard agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be eqval to 1/12 of 1he annual cost of the folbw- j ing: A-All rea) property tsxes kvied a asxssed against the above deuribed real estate. ~ B-Premiwns on fire and windstorm insurance as herein ~equ~red to be carried on the improveme~tt situate on the ebove dtwibed prerreises. 't C-P~emiums on such mortgage gwranty insura~ce as mortgsgee shall irom rime to time deem fit to urry on the losn secured hereby. i Mwtgsgee shall from time to time notify mortgagw in writing of the amount due and payabte hereunder and suth sum shall thereupon be due snd Fayabte on the due date of the oext mo~thly payment and eac6 successive month thereaiter ur,til rtwrtgagee shall notify mortgagor of a chsnge in such amount. Such wms shall be applied by mortgagee toward the paymcnt of resl property taxes, insurance pre+~+:~e+s, and mortgage gwranty inwrance i premiums. - ~ ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto ut his hsnd and sesl the day and year fint afwesaid. ; ~ Sipend, Se~led deliv in tM esence of: ~ ,p i _ 0 i n--n STATE OF FIORIDA ~ SS. couNnr oF 3t. Lucie ~fa~ ~ ~~i~y G. B. Walters _ A 111 e e e W e 1 t e r s his wife, to me wel I known and known to me to bs the individwb described in x~d vrho executed tF~e fwegoiny instrument, and ackr?owkdged before me that they executed the same fw tM purposes th«<,n.xpt~„ed. ,~nd,M,,;a Alliece Waltera wife of the said C~. B~ i~ialtera , upon ~ separate and prtv~t~ ~ examinstwn by me tsken separate and apart from het said husband, aclcnowledged fo and before me that she executed said instrument freely and volwr rarify ~nd witbout +ny canpulsbn, constrai~t. ~ppreF~ension, or fear of or f?om her aid Fwsbsnd. _ WITNESS my h+nd ~nd officisl seal thi• ~ day of JU1 A D. 19 66 ~ Notary Public in ~nd fw ti~e State of Fbrid~ at ta.ye - ~ M,, c~~;«~ s /6 - G 9 ° _ ~ aer~m To: FILED AND RECORDEO ' `'i F~?.t ~a.~.~ s~~i„~. a t~, nu«~at~, ST. IUCIE COUNTY FLA. pO~Y ~i4 Shf~ oi it L~ ;~J !~~nry'• ~ ot F«t P~e~ce. RECORD VERIFIED ~r E~~ ~ ' - - ~ ~ Fort Pievice. Florida ah~,~~-GGC.~ ew«~.. ~ a s..e~ tr 6f _ ~ : `r ` ~ 1 ; - 3 ~ ~ ;i •'liJ';, ` ~ ~6 ~J~ I PM 3 : I s =~i~,•• - ~ 14'7310 • ~ b~"f:~J :5'~~,. ~:~':cr": i•OIiR~S CLERK CIRCUIT COURT BOOK~~~ • , { ` ~ . . h " - ,z =A?i-3 f ' " _ . _ _ ' _ " _ . . ~~5~,~5.zF `,s« '~23 °~'-t _ ~'3- A~ ~ i :,a-: ~ u.