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Home My WebLink About1387 . ~ To plaa and contin~ously ke~p on th~ buildinps now a Mr~aitar ~it~~t~ on said land snd o~ ali puipn~et and p~nonally oownd bY thi~ maq~ p~. with ~Q pnn?wms tl+K~on paid tn full, fin ie?surant~ in ~M ~wal ~tandard polity forny in a~wn approwd by tM NIORTGAGEE. and wie~tonn inswance in th~ ~wal ~tanda+d polity tam, In • twn app: w~d by ~M MORTGAGEE. tn sucl~ compa~y or canpaniK w 1h~ MORTGAGEE may dir~ctt ~nd ~11 fin ~nd wir~hwm+ ieaw~na policies on any of isid bvild~np~, +nY tnN.at tl~ein or put tM.wf, in ~M +p~•eyaa swn ~faN+W or In ~apss 11Nnof, shall cont~in the vswl uandud mw~gay~a claus~ or wch aha ctauw ~s tl+~ Matya~ enay rsqvin. n?~kiry tM loa w~le~ s~id po1F citi, tad~ ~nd ~vKy. paY~bl~ b taid MORTGJIGEE ~s ib inraeit m~Y ~pp~ar. a~d eacl? and ~very iuch policy ~MII b~ p?omptly au;9ned and dtlivK~d to any h~ld by s+id MORTGAGEE as fwtha ~cwity to said mort9ay~ debt, uid. na I~s~ than ten l10) days in advanu of ~M ~xpi.a~an of +ach polky, ro dr Ilvsr ro aid MORTGAGEE a•tn~w~l tM?wf, top~dwr wi~h a recapt ior the premiwn of wch ra+ewatj and tFw~ ~h+ll b~ no f'a~ w windstwm inwr~~+c~ plac~d on any of said build'ups, ~oy inta~st thK~in o? psrt thereof, ueleu io ~h~ form +nd with tM lou pay~bb u~fortsaidj ~nd in tM ~wat any swn of n,oMy bscpnp p~yabb w~de~ wch polky or pol~cies s~id MORTGAGEE shall Mw ~M option ro receiw and ~pply the sam~ on acco~nt of th~ ind~bted~ n~u s~tw~d lwr~by o? b pKmit said 1wDRTGAGORS to receiv~ snd us~ it p aey part tAereof iw othe~ pwposes, without ~he?eb~ waivin~ w impah- inq anY puity. li~n or ripht w~d~~ « by virtw of this mort9apr, and in tM ~vent taid MORTGAGORS shall fot ~ny nason f~il M keep ti+~ s+id pro+~ius w insurd. or i~i) 1o d~liva promptly ~ny of said polic'its of inwranc~ ro said MORTGAGEE. or fail promp~y ro paY futly .ny premwm thenfor w in ~ny resp~a f~tl to pMforni, diacharp~, ex~cut~, ~ff~ct, complet~, comply wirh u+d ~bide by this ooven+nt, w u?y part Mr~of, ssid MORTGAGEE may p1ao~ +nd pav fw such imwanc~ or ~ny p~rt tMnof without waivinp or aff~ctinp any option. Ilen, puity. a ripht unda~ o~ by virtw of this Matpap~. and the full amount of tach and twry wd+ paym~nt ~hall b~ immediately dw and piyabb and sh~ll b~a interat f~an th~ dat~ th~eof votil paid at th~ ut~ ol R~n~ ptr antvm pN ~newm u~d to9ethsr with such ioterest shaU be secursd by tM lien of thls mo~ty~. 4. To p~rmit, aannJt or wffa no wute, Lnpairment or deterior~tion of said property or aoy part thereof. S. To piy dl ~nd degular th~ cosh. charyes snd expenses, includinp a re~son+ble atto.ney i iee and ooits of ~Mh~cts of tifl~. ie?cwnd o~ p~M a sny tirr~ by said MORTGAGEE, bcau~ or in tM ~vent of the failure on the put of tM said MORTGAGOR ro dvly, prompty snd fi?Ily pKfam, di~clwrq~ ~xecvt~, ~ffect, oompt~t~, aomply with aod abide by ~sch and every ihe stipulatia?s, ayreements, conditions, ard oownanq oi said promiswry noM and tFw mwrpp~ ~ny w~itha. ud s~~d cosn. chupes and expenses. fKI1 afld fVlfy. shall b~ immedia~ely dus and payablet whe~he~ or not then b~ no~iu d? mand, ~ttempt ro oo11M w wit pendinp~ and tFk fvll amovnt of esch and every wch payment s1w11 bear intHest fran tM dat~ th~nof ~ntil p~id af tht ~are of nLN pei qntum per an,wm; snd atl ~aid oosts, charges and expenses irKVrred a paid, topether with such Intu«t. ~h+ll b~ Nwnd by tF~ Iwn of th4 mortpap~. ~ 6. 1lwt (a) in the ewnt of ~ny br~ach of this Mortps~ w default on the pa.t of the MORTGAGOR, a(b) in tM ~wnt any of s~id swns of moMy her~tn r~f~rrd to M no1 promptly and fully paid within thirty (30) days nex~ after the same severally becane due and p~yabk, without d~mand a notic~. ~ or (c) In tM ~wnt ~ad~ ~nd every the stipulario~s, sgreeme~», condi~ions and covcnsnn of sa~d promissory note ~nd th~s n+ortp+pe any w~ither ~r~ nol ' iuly, p?amptly and f~lly p~rfo~mad, d7sch+rqed, ~zecuted, effected, compkred, compl~ed with and ~bided by, tMn in eitMr or any tuch wMt th~ s+id ap~ preyat~ wm m~nYarnd in pid pwmissory not~ then ~emsininp vopaid, with interest acuued, and all montys wtur~d. het~by, tMll beoort~ dw ~nd pay~ abl• fwthrvith„ a tMrsafta, ~t tM optan of said MORTGAGEE, ~s fvlly and completely as ii ~II of the ssid sunis of ma~sy wer~ orqin~llr atipul~ted to b~ paid on wd+ d~Y. anylNny in said praniuory ewte w(n this Mortyage to the contrary notwiths~andirg: u~d th~?wpon a thereaft~r at th~ option of s~Id MORTGACsEE, without notic~ a d~mand, wit at law or in equity, therefwe or thereafter beyvn, n++y b~ p~wscut~d a if all mor»ys Ndu~d I~eby had matw~d priot to iri institution, 7. TMf In th~ ~veaf that at ths ba9innir~ of or +t any time pendiny any wit upon this Morfy~g~, w to ~onclo~e N, w fo refam It, o? to enfwp payment of any d~ims h~rwnder, s~id MORTGAGEE shall spply to the Cou~t having jurisd~nion thereof fw th~ ~ppantm~nt of a R~celwr, such tourt sMll Forrhwhh ~ppoint a ratthrN of sai~ mottpa9ed propesty all ~nd singul~r, includ~ng a!1 and singular the incorne, profits, iuws and rewmret irom wh~t~wr ~ourc~ d~riWd, ~ach ~nd ~wry o~ which, it beinp expreuly ~nders~ood, is hereby mwtgaged as if ~pccifically set forth and dewib~d In thi prantinp ~nd ha4kndwn dausu Mr~of, a~d such Recav~r sMll Mve s0 the bro+d and effective funct~ons and powcn in anywise entrvated by a Ca+n fp ~ Rectiva, and ~uch appointment sh~ll be m+de by wch ~ovrt as an admined equity ~nd a m~tte~ of absolute right to said MORTGAGEE, ~nd withovt nf~r~nc~ to th~ adpuscy or ir~quacy of ths v~lw of tM property mwtps9ed w to the sotvency o~ ~nsolvency of said MORTGAGOR a tM defendann, and th~t wch renf~, profip, incwn~, itsues and r~venues sMll be applied by such Receiver ~ccording to th~ lie~ or puiry of said MORTGAGEE and tM pracfia of such Court. 8. To duh. ~PrN .~d t~,iy Pe?fo.m. d'ischarqe, execute, effect, c~wnplete, complY with ~nd abid~ by ~ath uid ~very tM stipulations, ap~e~menta, condirioep and ooven~nt~ ;n said promiuory nete and this mutgage set fwth. - 9. ihat (a fh~ went tFw owr~ship of 1M mortgayed premises, a ~riy p~rt thereof, becomea wst~d in a p~rson otlwr th~n th~ MORTGAGOR, tl» MORTGAGEE, iri aucassw~ and auipro, may, without no~ice to the Al10RiGAOR, deal wi~h such svcce~sw or ~uccKSOr in inter~st with nfer~nu ro this mortpay~ and ths dcbt hertby setur~d in tM sams manner u with Mortgagor without in ~ny way vitiaYug a dixh~ryinp the Mortp~pws' li~bility Mrr ur,der a ~pon tlw debt hereby secured. No sale of the prem~xs he.eby mortg~ged and rw twbes~~noe on th~ pan of the MORTGAGEE or ib tucc~sson or auipns and no extension of the Yune fo~ rhe p~yment of the dcbt F+ereby secured givea by the MORiGAGEE or its sucotswrs or assiy% sh~ll op~rate ro releu~, disth+rye, modify cFwrge w affect the wiginal liability of the MORTGAGOR herein, either in wFale or in put. 10. It b spscifiully ~yreed tMt time is of the essence of this contract and that no w~iver of any obliy~Ywn herwnder w of t!w oblipation cured Mr~bp ahall et ~ny tim~ thereafier b~ heW to be a waiver of the terms hereof w of the instrument secvr~d Mrby. 11. In addition to the forego:ng monthly p~yments of princ'pal and interest required by the promisswy note secured hereby, mortpsgor oownanb and agrees to p~y to moAya9ee with each monthly payment sn add~rionsl sum estimaled by mortgagee to be equal to 1/12 of the annwl caat of iht follow- in9: . A-All real property tax~s kvied or assessed against the above described real estate. B-Premiums on fin and windstwm insurance as herein reqv~red to be cerr7ed on the improvemenb situate on the above deuribed ptemists. C-Premiums on such morfgays ywrmty insurance as mortgagee shall from t~me to time deem fit to urry on tha loan ~etured hereby. Mortpigee shall from time to time notify mortgagor i~ writing of the amouM due and pay+ble hereunder and suth wm shatl there~pon b~ dus and ! payable on the due date of the next monthly payme~t and each successive month thereafter ur.til mortgagee shall notify mwtgagor of a chsrg~ in wch ~ amount. Such wms ~hall bs ~pplied by mwtgagee toward the payment of real propsrty taXes, insurante premivms. ~nd mo?tgspe ywranty insri:ar~ce ~ premiums. IN WITNE55 W EREOF, t said MORTGAGOR has hereunto set his hand and usl the day ~nd year ~nt ~fwesaid. \ Sipnsd, S~at nd • r d i ~ presence of: 1 ~ ~ 1 ~ ~ n ' 'n ~ STATE OF fLORIDA ~ of Philip Pearl couNn oF St . Luc ie ~ Befon m~ p~rsor~lly ~pp~ared p~ ESt~e O~' i ~~~~che V_ Pearl, an incomnetent. the wife of P ili~~~~'~a ~,,,,~~i k~,~,a w b. the indiv'dwl~ dewibed in ~nd who ~cecwed tla foregoirg instrument, and acknowledged before ms that 1heT eaecuted the same fw the purposes therein ~:presNd. -~1wi1h~~•:d- w i i~ -oF tb? Mir " , Oppfr r RpRf1e irt~'priwf~ «carwir»ti~w i~rme-»k~err~ep~rate +r~d ~p~r1 ~frenr f+er sefd-iio~bar+~ ~du+owk~dged-~a~ er~d be(oee~ew-Ylwt- ~ exe~vted-sei~ in~trvrnentieeel~r+s~ tolon~ rerety-~~ttF~ov?~n~r~eampdwon,teretnin~-~ppe#~nsi~e~~-er-fe~e-ofwiearnlx~s~id~lwsb~rKl. • WITNESS my ha~d and official stal d~i~_~~C1.~ day of A. D. 19s~.~ ~ bry Public in and for the State of florida ~t larps ~ . ,.:ti~:~:.:c My'Convniuion ~apir~~ ~ ~ R~twe Ta ~t`~ ' J'~r.~ ~o... ~Y~1t. Sl~t! Of ~Ida ~arg! ; t ? Firit Fed~r~l $av(rfps j lDin As10~Yw~ ~~2s••••~~.,~~~~:. ~ ~OIYIKf10~ ~!S 1969 ~ Of Fort Pierce. ~ L, ~w~N h~u~ Fia l C«wY~r G. i • E~~'~~~~i~D~ _ J` ~ ~ ~ : ~ ~LA~~. ~ : 8T. LIlC1E COdNTY. . ' _ J ~ RECORD VERIFIfiD - t-. ~ ~ : ~ c- ~~IC~PC?Z.~G"''"' _ ~ : A .J J ` ~ ~ ;L ~2 . , '66 SEP I 9 AM 10' 37 . 148556 ROGER POITRAS CLERK CINCUIT COURT , ~ 8~~~~5~ ~.~5 ~t . J r`,..r( s ~ - ~ . y~ _ . _ . _ _ _ .~~aJnt~^C»"T~~ `v~" t.` ` ~wC ~ ~`r L