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Home My WebLink About0682 ~ _ ~ to plau ~nd coMim?ously kNp on ~M b~ildi~s now a 1+~?eaftK utuah o~ said land ~nd on al( ~quipmsnf and p~rsonal!y cownd by Mis rnalp~ p~, witA aN pnmiwms th~r~on p~id in fvU, tin insw~nc~ io tM ~nual s~a~dud pdky fwm. M a sum approwd by tM MOR(GAGEE. a~d whxktam rnsur~np ie tM usu+l uar~d+rd policy fain, in a sum ~pprov~d by ~As NIORTGAGEE, in wch compiny a comp~nies u ti~ MORTGAGEE nNy directi and ~II hn ~e?d wiablam inwranc~ polkiei on ~ny of ald bniWinpt, a?y k?fNas~ the~ein o? put tMrwf, in d.~ ~pyrpa~~ ~wn afa~uid a ln ~xnss tMrwf, shall conuM~ tM vwsl ~taod+rd mat9a~H dws~ o~ iuch o?M~ d+u~e a rM Mo.t9.~N .niy ~pu~n. m~ki~q tM loa u~l~r s+~d po1F ; cis~. ~ath and ~w?y. paYabl~ to uid MORTGAGEE ~s ib intereat maY ~pp~~?. u?d s~ch snd evay such policy ah+ll b~ promptly aa~:9ned M+d dtlivatd 10 •ny h.Id by s~;d AAprtTGAGEE a funi+er ~ecwiry ro sa~d maq.y d.W. u?d. not I~ss 1Mn Nn l10) daYS in adv~nc~ of t:» ~xpir~~ion of each policy. ro d~- liver to wid MORTGAGEE • r~nsw~l tht~~of, top~thK with • receipt fa the pr~mium oi wch r~w~lj and tFven sh+ll b~ ra fin a windsto~m iruvr~nc~ ~ placed an ~y of s~id Iwildinys, ~ny inta~st thK~in or pat thereof, unleu i~ th~ form and with tl» bss pay~bl~ ~s afo~euidt ~nd in tik ~v~nt ~ny wm oI mon~y b~coreNS payabl~ vnd~r svch poliey or polici~s s~id MORTGAGEE sMll h~w tM opt~on ro ~eceive and apply ths sam~ on account of tM indebted~ neu qcvr~d AKeby a b permit isid MORTGAGORS ro ~eceiv~ u~d uf~ h o? any part thereoi Iw other purposes. withovt tharob/ watyLiy or ~mparc- +++Q a.+Y pvitp. li~r, w?iph~ u~der a by virfw of th~ mo;tpapet w+d in ths ~vent aid MORTGAGORS ihall fa ~ny ~~ason f~il w kaep the Nid p~em~ses so ~nsured, or f~il w delivar promptly any of iaid policies of ieavra~x~ ro s~id MORTGAGEE, w fail promptly to pay f~lly any pr~rn~vm the~~far or in anr n~pett f~i( b pKfornA, di~tMrpe. ~x~cutf, ~ffec~. complete. comply wi~h and ~b~de by this ao+r~n+nt, u ~ny put herwf, said MORTGAGEE m+y pl~u ~nd ! ! PaY f« ~ ~nw+anc~ a+ny p+rt t~arof withouf w~ivirg w~ff~ctinp ury optioo, li~n, puity, or ripM vnd~r w by vir~w of thii Mortpap~. ~nd tht full amovnt of tad~ ~nd ewry w~h paymaot shall bt immediately dw and p~y~bt~ and sMll b~u intereu from th~ dat~ thawF .unUl paid at ths rat~ ot n~ne p~r esntum p~r amum ~nd together with svch iotaatt shsll b~ iacvred by tM IiM of this ma~pa~e. 1. To ptmiit, oommit or wffK ~o wut~. impairmem or detcriaation of wid propKry or any put ther~of. S. To pay all a~d urgul~r ths costs, ch~?pes ~nd exps++ses, includinp a ressonable anorney's fee and costs of abdracts of~ titl~, incvned w paid at eny time by u;d INpRTGJ1GEE, bec~use « in the event of the fs~lur. on ~M pan of rn.:.w ~?~oar~ncoa ~o d„h?, p.ompdy •nd ivlly p~.form, d=aM~ execws. ~ffect, oompl~tt comply with and sbide by e+ch and every ths stipulations, ayraaments, cooditions, ~nd ooven~nts of said promissory note and thii morr9a~ any o~ ather. +nd said costs, ch~rges and e:penses. cach snd every. shall b~ immediatety dw ~nd p~y~bl~t wheth~~ or not tl~e~t bt ~.wice dr mend. atte~npt ta colkct or wit ptnding: and ths full amounf of each and way svch payme~?t shall bear intKest irom tht dal~ the~eof until p~id ~t the rafe of nin~ pk centum pev annum; and all said costs, chugea and expe~ses i~cvrred or {»id, together with such G?tkat, sMll b~ tecund by tM lisn of tha "'°~t9+~- 6. tMt in ths evenr of any braach of thia 1Nort~aape or defwlr on ths part of the MORTGAGOR, w(b) in ths ~vent aoy of s~~d swns of monty herein ~~ftrr~d to be not promptly and fully p~id within thirty (30) days next after the same uve~+lty bscome due and payable, without dem~nd or notic~, or (c) In tM ~wM each and every the stipulstio~s ~greemenh. cond'rt~ons •ed covenann of sa7d promissoay note and th;s matQape ~ny or eitMr are not iuly, promptly and f~l~y performed, dischuged, executed, effected, compkted, compl~ed wit!? ~nd abided by, then In eithet w ~ny such ewM tM a+id ap~ gregate wm mentiooed in said promissory rqte then re~naining unpaid, with interest ~ccrvcd. and all moneyt setw~d. hereby. shall beconu dw arid psy- eb~• forthwith, or thereaher, at the option of said MORTGAGEE, u fully and compktely as ii ~II of the aaid wms of money were wpin~lly stipul~t~d ro be psid on svch day. sny~h;ng in said promiuory note w in this Mwty~ge ro the conaary notwith~qndinp: and thereupon a there~fts? at ths optan of •a;d MORTGAGEE, without notice w dem~~d. svit at law w in equify. therefwe o~ tF~areaher begu~, ~aY,b~ ptpecvt~d ~s if all moneys sea?red hereby t~ed mat~red prior to ib institution. 7. iMt in the went tMt at the beginning of or at a~y time peed;ng ~ny suit upon ~his Mwtgage, w to foreclos~ M, or ro reform it, or to enfora payment of any daims he~eunder, said MORTGAGEE shall apply to the tourl having juri:diction thereof for the appointmeM of a Receiver, svch Carrt shall -.•~hwith appoint a receiver of sa~ mortyaged property all and :ingular, incl~d~ng all and singulu the intoms, profiti, issues and revenue~ f~om whatevsr wurce derived, each and svery o which, it being expressly understood, ii hareby mor~gaged ~s if speuficatly set fwth and dewibed in the yr~nrinp and habendum dauses hr.eof, and such Receire~ si~a!! hare a11 fhe broad and effedive fvnctio~s and powen in snywise entr~sted by a Co~rt iq a Receivar, ar?d such appointment shall be made by auch Court aa an admitted equity snd a m+ttr. of absotute ri9ht ro said MORTGAGEE, u~d witlavt referente ro ths edequacy or Inadequacy of the v~(ue of the property murtgaged w to the sotvency or insolvency of said MORTGAGOR or the defendanq, and that such renes, profits, income, issues and revenues shall be applied by such Reteiver accotding to the lien ot equity of uid MORTGAGEE ud the practice of such Court. 8. To dvly, prompHy and fully perform, dixharge, execute, effecL complets, comply with and abide by eac~ ~nd ~very the stepulatioos, apreements, condi;iora ind coven~nri in said • ~ promtssory note and this mortgage set fw~h. 9. Th~t in the eveM the ownenhip of the matgs9ed premises, or any p~rt tircreof, becomes wst~d in • person other th~n the MORTGAGOR, tM MORTGAGEE, iri sucuuws and suigns, may, without notice to tl+e MORTGAOR, deal with such successw w succassor in inte~est with rsftrence to this mortga~e ar~ the debl he?tby tetu?!~J in tF?e same manner as with Mortgagor without in any way vitiatinp w d~xha~g~ng the Mwrysgon' li~bility herr under or upon tha debt hereby secured. No sale of the premixs hercby mortgaged and no fwbearante on the pan of the MORTGAGEE w iri successas or assigns and rw extension of fl~e time fw the peymenr of tl+e debt hereby secured geven by the IYIORTGAGEE a its succeuors w suipns, shall operat~ ro relrase, dischsr~e, modify change or affed the wiginal li~bility of the MORTGAGOR herein, either in whole or in put. 10. It Is specifically agreed that time is of the essence of this contrsct and 1Mt no vraiver of any obl'~gation heteundc• w of tM obliy~Yan sr cured hereby shall ~t any Y~me thcreafter be held to be a waiver of the ierms hereoF or of the instrumcvet secu~ed l~erby. 11. tn addition to the fo~ego:ng monthly paymmts of princ'pal ar?d inte~est required by the promissory nple secured hereby, mortgagor opwnants and agren to pay to mortgagee with each monthly payment an sdditional sum estimated by mortgsgee to be eqwl to 1/12 of the ann~al tost of fhe follow- ing: A-All real property taxes kvied w assessed against the above desuibed rea! estate. 8-Premiums on fire snd windstorm insurance as herei~ requ~red fo be carried on the improvements situate on the above described premises. C-Premiums on suth mortgage guaranty insurance as mortgagee shall from t:me to time deem fit to tarry on the loan setured hereby. Mortgagee shsll from time io time notify mortgagor in writi~g of the amount due and payable hereunder and suth wm shalt the~evpqn 6e dve and i payab'e on the due date of the »ext monthly paymmt and each successive month thereafter ~r,til mortgagee shall notify mortgagor of a change in such amount. Such sums shsll be spplied by mortgagee toward the payment of real property ta:es, inwrance prem:ums, and mortg~ge gusr~nty inwrance premiums. " IM WITME55 WHEREOF, the ssid MORTGAGOR has hereunto set his hand and seal the day and ye~r first afwessid. led and del' ercd ' pr e of: 4 a .n ~ n•,4 ~-n , ~ 5 i ATE OF FIORIDA 1 _ j r couNn oF St. J,~,tcie j~' j ~ Beforo me penonally sppeared .l 9 1 de A~~ AIRh S j} T.n~ti aw T.~ (~nmh4 his wife, tq me well known and known to me to b~ ; ~ rhe ind;v'~dwls dewibed tn and who executed the foregoirg instrument, and ac4nowkdged before me that they exetvted the same for tF+e purposes ' ~h~~~~~ s,~,.~. ~,a n„ ,.;a Loui se L. Combs ~ Combs w~fe of the said Cl Huag H, upon a sepsrate ~nd priv~t~ ~ ezaminaYwn by me taken sepsrate a~d apart from her said h~+sband, ~ckrwwledged to and befwe me that she executed ssid instrument freely and wlun- ~ rarily and witho~t sny compulsion, cautroint, appreFKnsion.~ feu of or from he? aid Iwsb~nd. € WITNESS my hand and officist seal thi: day of A D. 19~6._ F ~ NWary public in and for the State of Florida ~t laryt s • ~ My Commission ~xpiras: . i Retum Ta fint Fsd~raf Savirgs a losn I\ssociation ('~Olary PII~K. State ~1 Horida ai Larg~ i Of Fo~t P~e?ce. AAy Comoussion Exp:tes No~. 3, 1969 ; Fvrf Pierte. Florida OwOd !r Acwrwa Fr~6 Cywr; G~s, ' ; FILED AN~ RECORDEO ..~.~*:~i~:~''~~srJ;,;;:, ~ ~T. LUCIE COUNTY. FLA. ;;:''~`~~C'tGC!~f''•-.: . • ~ pECO!~!? V~RlFLED . y'•~•. ~ _ 1~ : it1 I' . 3 j.~,; p1`~ fll~. ' r_~' . - ~ ~ r '66 SEP 2 PM 3 47 _ : . v : = ' . . . - ~ • . • t ~ ~ . : , r E ~1481is ~";,f-:,::..~,~?'ia ~ i J'• + ` ~ ~ ' t:~J~? ~~OS~CIi-~S ~~1~;~~~u.• 1~I~V ~ ~ r) ~i ...i•. ~ CLEfiiC C{RCU1r COURT ~ , ~ . ~ ~ o a ~ ~ 600K 154 _ _ y~ . ~ ~ ~ . _ _ - - - k - ~ ~:':-.k