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Home My WebLink About2539 To plap ~nd eoMinuovsty kNp on tM b~ildinqs now or Mreaha situat~ on iatd I~++d ~nd on ~II equipmeeit u~d pa~on~lly eownd by tht~ ewrtp~ sp~, with all pr~miwey tFwt~on psid in full. fin insur~nc~ in thf uswl stardard policy fpm. in a swn approwd by th~ MORiGAGEE. ~eid wind~twm In~~r~ 1n ~M usu~1 ~landird policy fwm, in • sum ~pproved by th~ MORTGAGEE, in such company w comp~ni~s u t!N MORTGAGEE enay directj a~d ~11 fln ux! win~bwrm insuranc~ polkies on ~oy of said buildin~s„ any G?M~Ht fher~i~ or part fhereof. in the apQreQa?~ wm ~fw~uid or tn ~xcet~ thtr~of, slwfl contatn ~!w ~swl s~andud mortgage~ tla~s~ o? svch al+K cl~us~ ~s 11+e Ma~pagN rrwy rp~~r~, maklnp tM ioti unda sald po1F c~a. ~+d~ ~nd ~wry. Wy+b1~ ro wid MORTGAGEE ai its intcreu may +pp~ar. ~nd each and ~very iuch policy sMll b~ promptly au:yned ~nd ditivered to sny h~ld by said A60RiGI1GEE a furthu s~cvrity to said mwt~ays debt, a~d, not less than ten (10) days i~ advance of tM expiration of ~ach pol~cy, ro dr I~ve? to ~aid MORTGAGEE •~enew~l th~rwf, to~~F?K wi~h a receipt fa ~he pr~mium of such rMewalj and there sh~ll b~ no firs w windstwm inswanu plapd an a~r of said b~ildinps, any interest thK~~n or pan ~hereof, untess io tM (orm and wi~A th~ loss payabl~ a afwesaidt +r+d in tM sv~nt ~ny wm of narwy becpnNS payab~ und~r ivch policy o~ polKi~y said N10RTGAGEE shall Mw tM opt~p? ~o receiw w+d ~pply ths same on accoun~ of tM i~+d~bted~ r+eu a~cw.d Fwr~by a ro pe~mit said MORTGAGORS ro receiw ~nd us~ it or any parl thereof iw othcr purposd, without 1he~eb~ waiving o~ unpair- iny any pvity, lisn or ~i~h~ w~d~~ or by virtw of this mortpaye; a.+d in tM ~v~nt said MORTGAGORS shall fo~ ~ny reason fail to keep the uid pra++ises so insurod, or f~il b d~live~ promptly ~ny of s~id politiea of insuruxe 1o said MORTGAGEF. or fail promptly fo pay fvlly any premium tF+s~efa or in any r~sp~ct bil b pK(onh, d'nchupe. euecvt~. ~ffect. compl~t~, comply with and ~b~ds by this oovenant, o..~y a,r he.~s, said MORTGAGEE may place ard P+Y fo? wd? Gaw+~es w anr part tl+K~of without waivH+p o~ ~ff~ctinp ~ny option, li~n, pvity. a?ipht undK w by virtw of tNi Mort9ay~, and ~he full anwum of ~ad~ and ~very wd+ paymK?t shall b~ i~rrnedi~tely dw u~d pay~bl~ uw! shall b~ar interat from th~ dat~ thsreof unti! paid at tF~t ~ate o1 n~ne pK ta?tvm pK atiwm ai+d toyethe~ with ~uch inrorest shall be secvred by tM lisn of this morty~. 1. To p~rmif, corrur~it a suffa no wua, impairment or deteriw~tioo of aid p?ops~ry a any p~M ther~of. S. To psy all ~nd siigular tFn cosn, chsrpes ~nd expa.~ses, includiny s ressooable ~ttwney i fee and coin of absTracn of titl~, incu.red w paid at sny tim~ by ~aid MpRTGAGEE, becauss w in the tveM of the f~ilure on the part of 1he uid MORTGAGOR to duty, prompNy and fully ~fam, d~xhsryR ~xecvt~ ~ffsct. aompler~ cort?ply with snd ~b~de by e~ch ~nd every th~ stipulationa, ~yrcements. conditioru, ~nd cown~nn of said promissory note and thi~ ; mwtpap~ u~y or ~ittw. and sa~d costs, char9es and expense:, each u~d every. aMll b~ in?media~sly due snd payablr. whethar o? no~ ther~ be r,or~ce dr m~nd. atl~mpt lo to!lect or wit pendings arwd tM f~ll arnovnt of each and evsry suth payment shall bear interest from the date thereof u~til p~id a1 tM raie oi nln~ p~r ce~tum pe~ annum; ~nd all said costs, charges and expenses incurred w p~id, together with such Inttrpl, shall be satured by tht lien of Mw tnOff~M • 6. TMt (a) in tM ewnt of ~ny b~each of this Mwfgay~ or defaulr on the p~rt of the MORTGAGOR, w(b) in tM went ~oy oi s~id sums of monty her~in refa~r~d ro be oot promptly and fuly psid within thirty (30) days r?eat afte+ tM same severally b~come due ~nd payable, wi~hovt demand a ootice, or (c) In fhe event estA and every Ihe stipulafions, +greemeMS, conditions and coven~nts of sa~d promissory note snd th~s matgsye any or e'+the~ ~?e nol iuly, promptly and f~lly performed, d;scha~gcd, execvted, effected. compkted, complied with and ~bfded by, then i~? eitMr or ~ny such we+?t ~M said a¢ yreyat~ Wm m~ntionad in 3aid prpni~sory nvte then remaining unpaid. with interest ~cuued. and all mo~eys aecured. herebY. shall becane dw and pay- eble forthwith, or theresher, at ths option oi wid NIORTGAGfE, as fvlly and completely as If all of rhe wid sums of monay were pqu?illy st~pulated to be p~id on wcA d~y. anythirg in said promissory note or in this Matgaqe to the contrary notwiihs~andinp: and Iherwpon a thereafta al ths option of seid MORTGAGEE. without noiKe o? demand, suit at law or in eqvity, therefwe u there~tter beg~ry may b~ prwecvt~d u if aN rrw~sys secur~d ha~by had matur~d piqr to iri institution. TA~t k~ tM event that ~t the beginning of a ~t any time pending sny wit upon tF~is Mo.tgag~. a to foreclos~ it, or to reform it, a to enfora paymcnt of any daims hereuhdcr, said N1pRTGAGEE shall apply to the Coun having jur~sd3nan thereot iw ths appo~ntme~t of a Receiver, :vch Court iMl~ ForthwHh appoirtt a receive~ of sa~ morfgagcd p~operty ~II and singular, includ~ng all and air?gular the income, profits, iuuet and revtnues Irom wMtev~r wurc~ darivsd, exh and every o which, it being expressly understood, is hereby mortgaged as if spec~fically ut forth and dewibad in the 9rsroinp and habendum da~nes hetepf, and suth Receiver shaN h~ve att the broad and effectiva functions and powen in anywise entrusted by a Court ty a Reteiver, and such appointment shall be made by such Court as an admitted equity snd a matte? of absolute ri9ht b asid MORTGAGEE, ~nd Mrithout reference ro 1F+~ ~ adequscy or in~d~quacy of the value of the prope~ty mort9aged w fo the solvency a inwlvency of iaid MORiGAGOR or the de/enda~ts, and tMt such ~ rent~, profFts, iocpne, issues and revenues shall be applied by such Receiver accwdin~ ro the lien a puity of said MORTGAGEE and th~ pr~ctic~ of such Court. 6. To duly, promptly ~nd iuUy perform, dixha~ge, execute, effect, complete, comply with ~nd abide by esch and evsry the stipulatio~s, agreements, canditioru and coye~ants ir? said prom~ssory nofs and 1h;s mo~tgsge set forlh. ' i 9. TMt in ffis event the ownenh7p of the mortgsged premises. or sny psrt thereof. becoroet vested in • penon other tMn the A10RTGAGOR, th~ MORTGAGEE, ifs successon snd ~uigns, may, wnfhwt notice to the NIORTGAOR, deal with such :ucussw or wccessw in i~tere~t wi~h rsfcrtnce to fhis morty~e ~nd the debt hereby secured in the same manner as with Mwtgagw without in any wa~• vitiatin~ w diuhar~ing the Moteps~on' lisbility hen- under w ypo~ the debt hereby secured_ No sale of the premises hereby mort9aged and no fo?bearance on the part of tM MORTGAGEE or in suaesso~s j or auig~s and no e:teniwn of the time fw the paymem of the debt hereby secured given by ~he lNORiGAGEE w its svccessora a auiyns, ,hall op~?a» ~ to r~leats, distharye modify change a affect the original liability of the MORTGAGOR herein, ~ither in whole a in p~rt. • 10. It is spedfically agreed that time is of the essence of this contract and tMt no w+i,rer of ~ny obliystion hereunder or of ths oblipation sa j cu~ed htr~bY shall a1 any time thereafler bs held to be • wsiver of tF~e terms heraof or of tf~e imtr~ment secured herby. ~ ~ 11. In addition to tFie faego:ng nwnthiy payments of princ'pal and interest required by the p~omissory note secured hereby, mortgagor tovenan» and eg~ees to pay to mongagee with each monthly payment an addiranal sum estimated by mortgagee to bs eqwl to 1/12 of the annual cost of the folbw- ing: A-All real properfy taxes kvied or assessed againsl tF~e above destribed rea! estate. 8-Premiums on fire and windstorm insu?aRCe as he~ein requ;r~d to be carricd on the imp~oveme~ts s7tuate on the above described premises. C-Premiums on such matgage guaranty insu?a~ce as mortgagee shall from t;me to time deem lit fo urry on the loan setured hereby. Mwtgagee shall from time ro time notify mortgagor i~ writirg of the amount due and payable hercunder and suth wm shall thereupon be due and payabte on the dve date of the next mo~thly paymenr and each successive month thereafter ur.t;! mortqagee ihall ratify mortgagor of a changs in s~?th amount. $uch sums ahall be applied by mortgagee toward the payment of real p~operty taaes, insurance prem;ums, and mwtgsge 9uannty inwnnce premiums. IN WIINESS YVHERfOF, the said MORTGAGOR has hereunto set his hand and usl the day and year fint sfaesaid. ` SiQrnd, Se~led a 'veted ' pr~sence of: ~Q , . n • ~ n--r? STATE OF fIORIDA ` ~ . courm oF _ 3t. Lucie u' s I ~f,,. ~ ~„o,,,~~y,~~,~ Reynold R. Scott ' .~d ~ Ma r~t E. S eo t t, Po rme r ly Ma ry Eve lyn Smi th w, W;f~, to me well known and known to me to b~ she individwb dewibed in and who executed the foregoing instrument, and sckrwwledged before me ti~at they eaecuted the same fa the pvrposes ~ ?h~.~~~ .,~.~.xa. n~a rn~ ,,;d Ma rv E S co t t, fo rme r ly Ma r,y Eve lyn Smi th ,N~?~ of tFy - Remold R. SCOtt - • upon a sepsrate snd prtr~t~ exami~ation by me taken scpsrate and apart from her ssid husband, ~dcnow{edged io snd before me that she executed said inatrurtK~t,(rleljl'~nd,volyo- tarily ~nd without any compulsion, constraint, apprehension, or fex of or from said husb~nd. , ~ ~ • ' ' . " ~ _ WITNESS my ha~d snd officisl ieal thi~ ~5~~ day of , AuguB t ~ Qf~i : r , • _~,4 "•.`~l'~'.~ ~ 6 . - ' • i No Pobtic in end for the ate oi fbi~ f Lry~ ty C«renasan t:pires: - 'a'~-~~=~~ Retum To: NUIaRY PU811C. SiATE oI FIORIDA ~('kAR'E Fint federd Savingt a toan Association - 3~ ~,0 MY CO~IMISSION E~(PIRES FE9. 3, 1?I~ Of fOtt Plerce. •oN~co TM~ouaN FR~D W. GIEST~~MpqST ~.r P~~«~, Flwida AND RECORDED ST. l.UCIE COUNTY. FLA. P.ECORD VERIFIED , _ 14`7452 ~ ~~/((1rs 5 i i~i f: 0~ ~ .~G~~~?:.; CLERK CIRCUI7 COt~i~ . = ~ eooK 152 _ 138 ~ -_1 ~ ~ ~ _ _ # - ~ ~ ~a,;~;~~.,.,~~ . _ , ~ . { ' ~ w~ :