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Home My WebLink About1604 9. To pl~u •nd continuously kNp on th~ buildinys irow w MreafiN si?wt~ on iaid land snd on ~II eqvlprne~M and pKwn~lly covN~d by this nwrp~ p~. with dl prtmiums thtrto~ p~~d in iull, fir~ ins~rance in ~h~ usual standard polity fotm, in • ~Wn approwd by tM MORTGAGEE. ~nd windatwm imur~nq in tM viwl tear~rd pol~cy form, in ~ ~~m approved by tM MORTCsAGEE, M wch tomp~ny a ooinpani~s w tM MORTGAGEE.. nNy d~rcctr ~nd ~II fke and w~nd~ton+? ::uuranc~ po1KKS on •ny of f~ifJ bVlklin~l. My GItHNt fMftin w p~rt thKwf, in tM pprpa~~ wn? ~to~ewW a In ~apq tFwnof, aMll con?~a~ tM ~iual standard morrgag~e ,cravs~ a iuch aFw~ dau~ a~M Mortya~ m~y ~p~u~, m~kinp 11w lo» und~r said po1F :~e~, sach Md swry, payable to said MORTGACsEE as in ~nterest may appsar, and each and ~wry i~rch policy sMtl b~ promptly asi:qn~d and d~1ivK~d ~o ~ny F~Id by ~id MORTGACsEE as fu~tha secwity to s~id mat~ay~ debt, and, not I~ss tMn tM (10) days 1~ ~dv~nc~. of tl+~ ~xpir~tan of ~~ch policy, ro dF I~ve? to aid MORTGAGEE • renewal thereof. tope~htt wi?h a rece~pt iw the premium of wch r~n~walp ~nd thtr~ sh~ll b~ r+o fu~ a windstam inwr~nt~ pleced an any of taid b~rildinp~. ~ny inte~esl thaein ot parl thereof, unleai in th~ form u+d with iM loss pay~bt~ w~ ~fortsaid~ and in tM ~vtnt any wm of mon~y b~cpr~ payabk under such policy w pol~cies said MORTGAGEE shall Mw tM option to reuiw ar+d ~pply tl» sun~ a? acca+nl of tM ind~btd~ ness secured hKtby p fo permit said MORTGAGOR$ 1o r~ceiw ~nd uN It p ~ny pa~t thereof for other pwposM, without Ihsreb/ waiving or imp~h• ing any puity, lien ot righl under a by virtw of this mo:r~a~e; ~nd in Ih~ ~ve~t s~id MORTGAGORS thatl (or any na~on fai) to keep tM s~id pnn+ises w insured, p fail b dtliver promptly any of said polines of insurant~ fo said MORTGAGEE, w tail prompfly to p~y fully any premium tlw~fot p i~ ~nr re~pect fail b pa(onn, dixhar~e, executs, ef(ect, compleq, camply wirh and abide by this covenaat, p ~ny pirt ht~lOf, uid M10RTGAGEE m~y pl~c~ ~~d pey fw such Inwranq or ~ny p~rt tl?Keof wi~hovt waivinp or affactinp a~y option, li~n, equity, or ripht u.~sr a by virtw of this Mortpapt, and the f~ll amour.t of each and evKy such payment shall bs immediatety dw and pay~bl~ and shsll be~r int~rest from tM dat~ tMreof vntil p~id at tM rat~ of ~ n~ne per cantum per annum and together with such intcrest sMll be secured by tM IiM of this morty~. 1. To pamit, m~nmit or suffer no waste, impairment o~ dstc~iw~tion of said property w ~ny put t}Kreof. S. To p~y sll ~nd singul~ tM coib. cMrges and expenses, inctvdirg a~essaubte ~ttaney'~ fK ~nd owt~ of ~bstr~ct~ of tifl~, intwt~d or piid N any tirr~ by said MpRTGAGEE, becavu or in the evero of the f.ilure on th~ p~n of tM ssid MORTGAGOR to duly, promptly and fully p~rfo~m, di~cMrpw e=ecure, eifea, complar~, comply w~th and ab:de by each u~d every ttie-atipul~~ioru, agreemenn, cond~~ions, and cov.nann of ~aid p~omiswry not~ a~d tha morfgege any a e~the:. end said cosn, charga and eape~ses. each and ewry. sh+ll b~ immedisaly due ~nd payabl~t wMtMr a not tMr~ be notic~ dr mand, attempt ro colkcl or svit pend~~; and the full amo~nt of esch ~nd every svch p~yment sMll be~r int~tKt from th~ daq tMnof u~til paad ~t tM rare oi nins per cenrvm per annum; snd all said msts. cr.arges and expenses inturred o~ paid, top~thet with such Int~rNt, ahall b~ sKVnd by tFw li~n of thM morty~O. 6. Th~t (i) in the event of any breach of this Mortgaqe or defsult on the part of tl~e JNORTGAGOR, a(b) tn tM ~vMt ~ny of wid swns of moMy herein referred Io be not p.ompNy and fully paid wi~hin thirty (30) days nea~ afrer ~he ssme severally b~com~ dw ~nd payabb, without d~nund w notk~, or (c) in the event exh and every the stipulati«u, agreeme~b, conditions and coveeWnb of s+id pranissory not~ and Mia mortpap~ any a~itMr ~n nol iuiy, promptiy and fully pe~famed, dtuharged, executed, effected, completed, complied w7th and abided dy, tlwn M~ithtr a ~ny such ~wnt tM said a~ gregare sum mentancd in taid promissory note then remainirg unpaid. with interest xuued. and all moMys Ncwld.lNrtby. ~MI) be0wn~ dw ~t~d p~y~ eble forthwith, p the~eafter, at the option of said MORTGAGEE, u fvlly and completely at if all of the s+id s~ma of moMy vwr~ Oripinally stipul~ted ro be paid on such day. s~ything in ss~d o.om;swry ~otc w in this Matg~ye ro tM contr~ry notwitFutandinpj ~nd thKwpon a fFwruft~r ~t tM option of se~d MORTGAGEE, without nor~ce a dem+nd, suit at law or ir~ equity, the+efwe or th~r~aftsr bpue~, ~r b~ pros~aiqd a if all nan~y~ t~tvnd Mrtby i,ad matured prar to its institution. i. TMt in the event that at the beginnirg of w ~t any rime pending any suit ~rpon this 1Nortp~, p to foerelos~ h, a to nfonn It, o? to ~nforp } payment of ~ny daims hereunder, said MORTGAGEE shstl apply to the Cou~t Mving jurisdittion thtrwf for th~ appointrMnt of a R~ceiw~, wcl~ Govn shall Fo.rhwith appoinl s receiver of sai~ mwtgaged property all and singula~, i.-.c,lvd~ng all and singvl~r tl» inoon~e, profib, faw~ and rtwnues from wl?a~~vN so~rce derivcd, each and every of whith, it bcing expressly understood, is hereby mortg~ged u if apacifitally Mt fOrth and d~wib~d In fhi 9r~ntinp ~nd habendum clavses hereof, ~nd wch Receiver shall have all the b~oad and effeuive funcuons u~d powen in ~nrwis~ ~ntrutted sy ~ Cowt ty a R~uiv~~, ~nd wch appointment shall be made by such Court as an admitted cquity and a maner of ~bsolute ri~M ro Nid MORTGAGEE, and withovt nftnnc~ f0 flw adequaq a inadequxy of the vstue of ~he properry mor~gaged or to the sotiency a insolv~ncy of said IKORTGAGOR a rh. d.f.nda~n, and that t~ch re~rs, profin, income, iuues and revenues shall be applied by such Receiver accord'up to 1M Gen or puity of said MORTGAGEE and tM prKtit~ of ~uth Court. 8. To duly, prumptty and fully perform, diuharge, execute, effect, complete, tomply with and abid~ by sath and ~wry fh~ stipulatant, aptNnNnM, conditions and covenants in said ptomissory note and this mortgsge set fo~th. ' 9. That in the event the ownenhip of the mortgaged prcmises, a any psA thereof, betomet wsfd in a p~rton otha th~n fhe MORTCsAGOR, th~ MORTGAGEE, its succeuon and auigns, may, withou~ notice to the MORTGAOR, deal with such tucusso? or ~uoq~sw in interaf with r~far~nc~ to thi~ morrga~e ard the debt hereby secured in tF?e same manner as with Mwtgago~ without in ~ny way vitiatinp p dischuyug 1M Morty~pWS' liabllity Mr? u~der or upon the debt hereby secured. No sale of the Fremius hereby mortgsged and no fabtannee on tM pan of tM N10RTGAGEE q it~ ~uKtuws o: ais~9ns and no eaieniwn of the time fw the payment of the debt hereby secured yiwn by the lY40RTGAGEE q its s~c~ttsot~ p~ipM, ~hall Op~ratf ro re!ease, diuharge, modify change o~ afiect the aginal liabl~ty of the MORTCaAGOR herein either in who1~ or in put. 10. It is spedfically agreed that time is of the easencr of this contract ~nd th~t no waiv~r of ~~+y obliyation Mrwndlr p of tM obllpation N- ~ cured hereby shall at any time thereafter be held to 6e a waiver of the terms hereof or of the irutrum~nf Ncur~d h~rby, f 11. In add~tion to the iwego:ng rrwnthly payments of princ'pal and interest required by the promistory npte KKU~ed heteby, rtwrtpayor cown~ntl ~ a~,d agrees to pay to mortgagee with each monthly payment an addiiional sum est~ma~ed by mortg~ee to b~ tqwl to 1/12 of tFw ~hnu~l eolt of th~ follow- ~ ing: A-All real property taxes levied w assessed against fhe above described real estate. 3 B-Premiums on fire and windstorm insurance as herein requ~red to be urried on the improvemenn tituat~ on tM abov~ dpuibed plmi~ls. ~ C-Premiums on such mort e uaraM insurar.ce as mort ~ gag g y gagee shatl irom time to time deem fit to cany on tl+~ (oan secvr~d Mr~by. Mwtgagee shall f~om time to time notify mortgagor in writing of the amount due and payabk I~ereunder ~nd such sum shall tMnupon b~ dw ~nd ; ayab!e on the due date of the next monthly payment and eath wccessive month thereafter until motfqsgN shall notify morfg~gOr of ~ ehanp~ tn tuth a~:ount. SucF? sums sF.all be applied by mwtgagee toward the payment of resl property taxes, irourante prem~ums, and mortpape ywrMty insur~nt~ p~emiums. i IN WITNESS WHEREOF, the said MORTGAGOR has Fxreunto set his hand and sed the day ~nd y~r fint afa~said. led and tivered ' rxe of: ~ 7 ~ ~ n _ - i ~ n STATE Of FLORIDA ! ~ couvnr oF - St. Lucie ~ 8efwe me pnsonallr sppeared G a rv I,8 8 P e a r 1 _ Ba rb a r a G e y 1 e P e a r 1 his wife, to me well known sed known to me to b~ rhe tndividwb described in and who executed the foregoiny instrument, ~nd ~dcnowledped befor~ m~ th~t they execvted ths same for tM purposes therein e~.~e. a,a rr~ Barbara Gayle Pearl' ~ ~ :,~fe of the iaid Gary Lee Pearl - ~P«, •~epuate and p'rvat~ ~ e,am~nation by me taken separate and apart from her said h adcnowledged to end befor~ me that she execvted said instrument frsely and volvrr rar,ty and witlw~t ~ny compulsion, consrraint, apprehe+~san. ~u~of or from her ~aid Iwsband. WITNESS my hsnd and official seal thi~ d~~ ` day of .SA tember a p. ~q bb ~ ~ Not~ry Public in ~nd fa ths Stat~ of fbrid~ at L~r~ ~ My Corm~i~sion ~:pir~s: ~ f R~r~.~ To: Notuy Publa, St~te at qorid~ at large ~ First Feder~l Savings 6 losn Association ~ F1LEG AND RECpRDEO Mr Commission Expires Nor. 3, 1969 Of Fwt Pierca ST. LUC~E CQVN~~ R b~~d Pr ~a~„c~, Fe. d Caswly Co; ~ Fort Pierce, flo~ida RECORD VERIFIED ~ ••~.,~(~.~07r ` . _ • ti4 . ~ ~ '66 SEP 2 6 AN I p; y 9 ' u, = ~ 148691 ~ ~ ~ ~ = - ~ ROGER i'O11RAS ~~Ll,~rs°~; . ~ ~ CL.ERX CIRCUIT COURT y~, ' 6V:lC. ~ or' R/ ~.55 402 _ ~ ~ ~ - _ - 1 ~ ~ ~ r, i , " k F~ - - - ' - - '~~~~,~.„.r~.~-~v-~ -'^r ~ ~;s w~~- _