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Home My WebLink About1401 3. To pbn ~nd continuousty kcep on ihe bui!dinya now or hereafter Wtwt~ on iaid land ~nd on ~II puiprn~nl ~nd qr~pwlly oow~~d by tf~it nqNq~ ~p~. with all premi~ms thereon pa~d in 1u11, fire insurance in ~ha usual itanda~d pol~cy form, in • tw~ approwd by t!N MORTWIGEE, and winduorn~ ~nuu~nc~ in tFw ~sual s~arKlard pol~cy fam, ie ~ aum approv~d Dy tht MORTGAGEE, In iucA can~ny w comp~ewN q th~ MORTGAGEE nwr direttJ and •11 fir~ ~nd w~ndstam insura~cs pol~ues on ~~y of said buildi~ps, ~ny intrrs~t ther~in or pa1 Ilmwf, i~ th~ ~pat~ wen ~for~said or In ~zuss ~he~sof. sMll contain tM uiual standard mw~g.+gae clauie w ~uch aha claus. u ~M Mo~~yaqe~ may hquu~, maRinp HK loss u~d~r s+id polb cies, each and every. p~Yabl~ to said MpRTGAGEE sa ~ts interest may ~ppea~, ~nd eacA ~nd ~wry suth policy ~MII b~ promptly ~:yn~d and dNivK~d b eny hsld by said MORiGAGEE as fur~her security to uid mortgag~ debt, ~nd, ew ksi thae ~~n (10) days in advann of th~ ~xptr~~ion oi ~ach policy. M dr ~ live. to said MORTGAGEE a re~ewst thereof, rogerFar witA a recelp~ for the pr~mium of such ~enswalt ~eid thK~ sMll b~ no f~ w w'u+d~~am Miw~nt~ plsc~d on ~ny of said building~. s~y in~erest there~n or part thereof, unleu in ~he fwm and wi~h ~M loss payabl~ u ~fw~said: ~nd in tM ~wM any wen of mw,~y becomes payable u~de~ iuch poliq a pola~es said MORTGAGEE shall hav~ ~h~ option ro reoeiw and apply tA~ sarrk on account o1 tM ind~bt~d~ neu iKUr~d h~~~by p~ 1p permit s~id MORTGAGORS to receivs and us~ it ot a~y part thereol fu othc~ pueposes, without ~haeb~ waiviny pr ~rt~k- ing s~y eq~ity, lien w right u~der a by virtue of this mo:tgage; and i~ the ~wmt ~a~d MORTGAGORS shall for ~ny rtason fail to katp tlr said pnmi~a so insurcd, or fail ro dttive~ promptly aey of wid pol~ties of insurante to said MORTGAGEE a fail prompHy to pay fullr s~y ptrmium thtr~fw ot in sny respect fail lo perfam, d~scharge, executs, effect, complete, comply with and ab+de by tha covenant, w ~ny put hKwf, said MORTGAGEE may pl~p and pay fa such ir?wrance w ~ny part thereof wi~hout waivin~ or affedinq any optioA, lien, eqviry, or riphf wd~ p by vlAw of this Mortpap~, ~nd tM i~It u.?o„m of each and ev~~y sucA paymerit shall be immediately dw and payabl~ ~nd sh~ll bes~ G?ttrat from tM d~t~ thaeof w+til p+~id at tM r~N ol n7ne pei centum ps~ annum and to~ethrr wi~n sr.cii i~iiercyt shall be setured by fM litn of this mwt~~~. \ 1. To permit, oommit w sufter no waste, impairment w detaior~tion of said properfy or a~y part ther~of. 5. To pay all and aingul~r the cosh, charges and expenset, includi~g a reasonabk attaney's fe~ and cosb of ibstr~cts of titl~, inewr~d o~ p~id N eny time by said MORTGAGfE, becauu or i~ the event of the failuro on the pan of th~ s~id MORTGAGOR to duly, promptly ~nd ivlly pufotm, di~clw~ execute, efftct, complete, comply with and ab;de by each and every the itipulations, agreamenn, conditions, ~~d oown~nn of iaid promissory rwN and tAq mortgape any a eithe~, and said costs, charges and expenses, each and every, th~ll bs immediately due and pay~bl~; whetMr o~ ~+a1 tAK~ b~ notict dr mand, mcmpt to mllett p wit pend~ng; and the fult amount of each and every s~ch paymeM shall bear intarqt from tl~ daf~ tMr~of untit p~t~ N th~ rare of nine per cent~m per annum; and ali said costs, charges and expenses incw~ed o~ paid, tog~ther with wth In1~rp1, sMll b~ Nwnd by 1M li~n qf thq mortpa~s. 6. Thsl (a) in tAe event of ~ny breach of this Mortgsge or default on the part of the MORTGAGOR, p(b) in tM ~wnt ~ny of Nid wms of moeNy + herein referred to be oot rom ft and full ~d within thirt (30) da next after the sartwe several! becan~ dw ind ~ P P Y Y Pa Y Ys Y paYabl~. witho~t d~mand or not'~, or (c) i~ th~ event each and every the stiputations, agreements, conditions and coven~nn of sa~d promitwry nofe and tAis mutpap~ u+y p~ifMt an nol iuly, prurnpNy and fully perfwmed. d+xharged, executed, effected. completed, comptied wifh ~nd abided by, tMn in titMr a sny tnth ~wnf th~ aaW aQ~ gregara wm mentaned in iaid promissay ncte then remaining unpaid, with interest sccrued, and all ma~tys tscw~d. M?tby. shall b~ooaK dw and p~y~ eblc fathw~ih, o~ thereafter, a> >he opi~on of sa~d MORtGAGEE, as futly and compk~ely as if all of th~ ~aid swes of mon~y vwn w'p'~natly ~t~put~t~d ~o be paid on such day, anything in satd prom~sswy note w in this Morrgage to ths contrary notwitMfandir~p; ind thawpon er ther~~hK at tM option of said MORTGAGEE, without notite or demand, suit at law._or in eqvity, therefwe w thtreafte~ begviy nwy b~ pro~ecW~d q lf ~II mOM» Mtu~~d Iw~by had matured prlw ro ib institwion. - 7. Thst io ii~e Qr2+i3 :ho: s; ::-.e Mginn;ng of or at any time pending any suit upon fhis MortyaQ~, or to ~onelos~ h, o? to nfone? H, q to ~nfoK~ payment of any cla~ms herevnder, said MORTGAGEE shall apply to tAe Court hsving jurisd~ction therwf for th~ appointmtnt of a R~t~iwr. wch Court ~hall forthwith sppoint a ~eteiver of sai~ mortgaged propery all and singular, inctud~rg all and sirgulsr tM ii+coen~, profiq, isfwt and r~wnws from whabwt source derived, each and every of wh;ch, it being expressly understood, is hereby mor~ga9ed ~s if specifially sN forth and dNCriMd In thi 9rantinp and habendum clauses hercof, and such Receiver shall have all the broad and eifective f~nct~ons and powen in ~nywii~ Mt~vattd by ~ Cowt t9 • R~atiwr. ~nd such appointment shall be made by such Cou~t as an admitted equity and a matter of absolute right ro sad MORTGAGEE. .nd without nf~t~wp~ fo fh~ adequacy or inadequaty of the value of the property mwtgaged or to the sotve~cy w inwlvency of Nid MORTGAGOR Or th~ d~ftndanf~, ~nd ihat a~ch renrs, profih, income, issues and reve~ues shall be applied by such Receiver accwdiny to ths lien or equity of said N{ORTGAGEE ~nd th~ pr~tfiq of suth Court. . 8. To duly, promptly and fulty perfwm, diuharge, execute, effect, complete, comply with and abid~ by e~ch ~nd w~ry fh~ sfipuiatioM, prNte»nfs, conditaro and coven~nts ~n sa~d promissory note and this mortgage xt fa~h. ' 9. That in the event the owrxrship of the mwtgaged premises, p ~ny psrf tF~eof, becomes vnfad in • p~rqn other fhan fM MORTGAGOR, fhe MORTGAGEE, ih successws and au~gns, may, wi?houf nofice to the MORTGAOR, deal wi~h such auccpsa p ~uops~or in interNt with nf~?i~a to th4 mortgage and the debt hereby securcd in the same manner as with Mo~tgagw withoul in eny way vitiatinp or dixharyirg fh~ Morfy~pprs' ~i~bi~ity htr~• under p upon the debt hereby scc~red. No sale of the premises hereby mo.tgaged and no fabea~ana an th~ put of th~ MORTGAGEE or itf woce~son or assigns and no extension of the time iw the payment of the debt hereby setured yiven by the MORTGAGEE o~ itt sutctators or assiyfq, ahal) op~~at~ to release, dixharge, mod:fy change or affect the w;g;nal liability of ~he MORTGAGOR herein, eithsr in whok or in parf. t0. It is specificaliy agreed thaf time i: oi the essence of this conrran ..~d rhar no wai~~. of a„y obl7patan Mrwnder or of tM oblip~tion N- tured hereby shall at any tio~e thereaiter be held to be a waiver of the terms heteof or of the instrwnant setured hNby, 11. In add~tion to the iorego:ng monthly paymenis of princ'pal and i~terest required by the promissoty rqte secured hereby, mortpsgor apvM~q}~ and sgrees to pay to mortgagee with each month(y paynent an addi~ional sum est~mared by mortgsgee fo bt eqw! w 1/12 of the annwl twt of fl» fdlow- A-AU real p~operty taxes lev~ed or assessed aga~nst the above described real est~te. B-Premiums on fire and windstorm in:urar.ce as herein requ~red to be ca~ried on the improvemenri situat~ on th~ ~bpv~ desuib~d pl~rtda~l, C-Premiums on such mwtgage guaranty insurar~ce as mortgagee shall irom t~me ro time deem fi~ ro carry on rhe bao secured t,~,eby, ~ Mo~tgagee shall from t~me to time not;iy mortgagor in writing of the amount due and payabk htreue~der and suth wm shall thereupOn b~ dtr~ u~d Fayable on the due date of the next monthly payment and each successive month thereafter until rtwrtgagee sF~sll notify morigigor of ~ chanp~ iq s~rclt amount. $~ch sums sF.ali be applied by mortgagee roward the payment of real properry taxes, insv~ance pem:uma, u~d mortp~ps pyaraMy ~rq~ptlc~ premiums. I WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand and seal tFro day ~nd ytsr first ~for . " ned. Se led and del' red ' presence of: . n~~ ~ n ~ , srarE oF fioaioa ~ couNrtr oF St. Lucie u' E Before me penonally appea?ed Denn i s G. S ehra dA ~nd ~ nA~''E~~~~r-ry ~ ~.^hra ~e his wife. to me wep known ~nd known to me to b~ the indiriduals desvibed in and who executed the foregoing instrument, and acknow{edped before me that they executed ths sarn~ fot th~ purpoNs f I rherein exP.essed. a~d rhe sa~ nnrnth~~, S~hra dP i wife of tha sa~d ~nni q G~ S(`~'ll"R C?P ' vppn ~ ~ep~rate ~~d pr'rvar~ examination by me taken separete a~d apart from her said husbend, sdcnowledged to ~nd before me that she executed said irotrvment freely a~d wlvn- ianly aod w~thovt any compulsion, constraiM, apprehension, q f ar of or from her said Fwsband. WITNE55 my hand and official seal thi day of S@ t embe r p, 19 66 j - 1 - Notsry Pu ~c in and for the St~t~ of Florida ~t lu~ Retum To: ~ ; ~.ti~tt~tlitt~~~~~ ; fint Federal Savings a Loan Association f ~R ~ • ~~~i~ ~ p1~[. S~i~! ~ ~1~ ~t • Of Fo~t Pierce. ~ ^ ' ~ '•.~`-7'~~t ~ ~fi011 ExplrlS ~t. 23, 1469 ' \ : ~ . ~ • ~ v.~~~ IMM~ h Fin ~ Ca~wlr/ G. °A~dRECORDEO = ~ ; - V • ST.~ UClE COUNTY. F1.~1. i ~ - t- - RECORD VERIFIEO = • " - 148566 y:. ~ : . • e : = '6fi - SEP 19 P~1 3 : 2q ~ ~ ~ ~ ~~f.: , , __,,~~.t~ ROG~R i'OITRAS CLERK GRCUIT COURT BOOK~55 - - _ 1~ . { ~ ~s,r'` - 1'; 7 - - - y .,y,,,~~ ~ - sc-..- - , ~ ~,ar ~ ~ ~ - ~ ~_~r.=~=~~~ - ~ d ~i - ~