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Home My WebLink About2166 ~ To pl~ and contin~wsly keep on the b~i:dings now a hereaft~r ~~wts a? said Ia~d snd on +II equipm~M ~nd pKwnally covered by ~I+ii matq~ ~ ~y~, with all prtmiums t1?Keon p+~d in tull, fir~ insurance in the uiu~l standard policy fwm, in • sum approvtd by tht MORiGAGEE. ~nd windstam insurs~ in tM ~wal ~und~~d pol~cy fam, in ~ tum approved by ~he MORTGAGEE, i~ avcl~ company w con+P+n~a +s tFw MORTGAGEE may directj ~nd ~II iir~ and windstwm iasur~r+t~ policies on ~.~+y of taid build~ngs, any interesl therein or parl IMrwf, in tM ap9~e9+~~ ium afa~~aid w In ~xcest ther~oi, ihall co~tain ti+~ uswl standud mon9agea ctause o~ ~uch o~her ctauss as the Matpagce may requi~~, makinq tM bss unde~ a~d poli~ *_~af, tath ~nd ~v~ry, p~ysbN ro said MORTGAGFE as ~ra interest may ~ppe~r. snd each and wery s~th policy fhall b~ promptly ass:yned and d~~ivared ~o ~r,y MW by said MORTGAGEE as funher security to said mortgage deb4 and. not teu than te~ (10) days in advance of the ~xpiration o( each policy, to dr live~ to said MORiGAGEE • tenew~l therwf, topetMr with a receiNl tw the pramium of such renewal; and the~e shall bs no fire o? windstorm insu~+nc~ placed on ~++y of faid buildirgs, ~ny interest therei~ or pul thereof, untess in tl+e form and wiih the loss payabl~ ai aforesaid; u+d in tM event any sum of mon~y become~ payabl~ vnd~r wch policy w polK~e~ said MORTGAGEE shall have ~he opuon ro~eceive snd apply the same on accouM of the Indebted- ness secured her~by or M pe~mit iaid MORTGAGORS to receive u+d use it a any pa~l thereof fo~ other purposes, without thereb/ waivi~ig w~mpair- infl +ny pv~ty, li~n w right unde~ a by virtw of this mor:9age; ~nd in the eve~t sa~d MORTGAGORS ihall fw ~ny reawn fail to keep the said p~emiies w insured, or tail fo deliva promptly ~ny of said policies o( insursnce to said MORTGAGEE, w fail promp?ly to pay fully any premium tF?erefw a in any respett fail b pufonn, discharge, ex~cute, sffect, complete, comply wi~h ~nd abide by this covenant, w any part hereoi, said MORTGAGEE may pl~te ~nd pay fw such inwranc~ ot ~ny part tht~eof without waiving or affettirg any option, lie~, equity, o? righ~ under w by virtw of this Mat~ape. ~nd the tull amo~nt of ~ach ~nd ewry such paymer+t sh~ll be immediately due ~nd payable ~nd thall bea~ interest fran tM d~ts thereof until paid at the r~t~ 01 nine per centum pa a~num and to~ether with such inrerest :hall be secured by the lien of this mortyage. To permit, commit or sufta no waste, impai~ment or deteriontion of sa~d property a any part thereof. 5. To pay all u~d sinpulu tM costs, charget ~nd eYpenxs, including a reasonable anorney's fee and costs of abstracq of title, incvrr~d or p~id at eny time by said MORTGAGEE, becavse or in the event of the failure a+ the part of the said MORTGAGOR ro duly, promptly and fullY pe?form, dixMry~. ~xecuts. ~ffM, complete, comply w~th and ab~de by each and every ~he stipulations, agreements, conditions, and covenants of said promissory ~+ote ~nd ~hN mortyp~ any w ei~her. and aaid coa», charges ~nd expenses. each and every. shall be immediatety due and payable: whctha o+ ~ot there be notice dr m~nd, ~tttmpT fo to11M w suil p~nding; and the full amo~rnt of each and every s~ch payment shall bear interest fran the date tFKreof until paid ~t 1M rate of nlnt per centum per aruium; and all said costt, chargea and expenses incurred w paid, togetha w~th such irttereit, shall b~ secured by the lien of thu mortpy~. ~ 6. Tlwt in the ewnt of u?y breach of this Mortgsge w default on the part of the MORTGAGOR, or (b) in ths event any of s~Id sums of monty herein ref~rrtd to bs not promptly and fully psid within thirty (30) days neal aiter the same severelly become due ~nd payable, withouf demand w notic~, or (c) Ie ths ~wnt ~~cA srxl ewry the stipulations, sgreemenn, cond~rions and covenants of sa~d prom~uory note and th~s mwtp+ye any p Qither +re no1 lvly, promptly ~nd fully p~rfwmed, d~xharged, executcd, effected, completed, compl~ed with and abided by, th~n in either w any such ~wnt 1M said p~ prey~t~ s~m m~~taned in asid promissory note then remainirg unpaid, with i~terest accrued, and asl mo~eys secured hereby, sMll becane due and p~y~ abls foHhwitly Of tFfKNftH. at the option of said MORTGAGEE, as fully and comple~ely ai it all of the said suma of money were aipirully ~t~putated to b~ paid on ~uth d+y, anythinp in said promiuory note or in thn Matgage to the contra?y notwi~h~tsndinp; ~nd thereupon w thereaftar at the option of •sid MORTGAGEE, without notit~ p demand, suil at law a in equity, there(ore w thereafier begun, en~y b~ prwecuted ~s if ~II moneys s~tund hereby had mat~ted prior to iri imtitution. 7. ThaT in fhe event that ~t the beginning of or st any time pendirg any suit upon this Mwtg~ge, w to foreclos~ it, w M reform it, or to enfwc~ payment of ~ny daims Mr~undw, ssid MORTGAGEE ~hall apply to the Court having jur~sd~aion thereof iw ~M +ppointme~t of a Recciver, such Carn shall Forthwith appoint ~ reteivb of sai~ mortpaged property all and singular, includ~ng atl and aingular the incoms, profits, issues and ravenues from whatever ? wurce derived, eKh ~nd lvNy o# whith, it beinp expressly unde+stood, is hereby mortgaged as if fpeciiically set ipth and deKribed in the pru?tinp ~nd hab~ndum clauiet hereof, and such Receiver shall Mve sll the broad and eftective funct~ons and powers in anywise entrusted by ~ Cowt tp a Rec~ivtr, and such appointrr~ent shall be made by wch Court as an admitted equity and a matrer of absolute rght to said NIORTGAGEE, and without referenu ro tM edequscy or inadtquacy of the wlw of the property mortgaged or to the sowency o~ ~nsolvency oi said MORTGAGOR or the de(endanri, and that such .emt, profin, irKOrne, issues ~nd revenues sF?all be applied by such Reteiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly ~nd fully perform, dischsrge, cxecute, effect, complete, comply with and ab'~de by esch ~nd wery ths stipulations, apr~nt~, conditioro u~d toven~nts in uid prombsory note and this mortgage set fath. 9. Th~t in tM event the ownership of the mortgayed premises, ar any part thereof, becomet vcsted in a penon other than the /VIWRTGAGOR, tM MORTGACaEE, in succeuon ~nd ~ugns, may, wirhou~ no~ice to the MORTGAOR, deal wi~h such succsssor p wccesw. in interesf with refa~nce to fhis ; mongy~ ~nd tM debl hereby secvted in the same manner as wi~h Nb~tgagor w~thout in any way vitiatiny d dixharfling the Mortysgors' liubility hert ~ under w ~pon the debt hereby secured. No s~le of the premises hereby mortgaged and no forbe~rance on the part of the MORTGAGEE a its svccessors or ess~gns snd no eztensan of the time fa the payment of the debt hereby secured g~ven by the AI~ORTGAGEE or ~ts successas w auigns, sha~) opt~+t~ to rele+ie, distMrge, modify thsnge or affect the original liabiliry of the AhORTGAGOR FKrein, either in whole or in part. 10. It is apecificslly agreed ihat time is of the eaxnce of this contract and that no waivcr of any obligation hereurukr or of the oblg~tion se- cured hNeby shall at any time thereafter be held 1o be a waiver of the terms hereof or of the instrument secured herby. 11_ In add~tion to the forego:ng monthly payments of princ'pal and inte?est required by the promtssory note secured hereby, mortgagor cownanfs and sgrets to pay to mortgagee with each monthly payrnent an add~~ional sum estimated by mortgagee to be eqvsl to 1/12 of the annusl cost of the follow- ing: A-All real property tsxes lev~ed w ~ssessed against the above described reat estate. B-Premiums on fire end windstorm insurance as here~n requ~red to be carried on the imp~ovements situate on the above described premises. C-Premiumt on suth mortgage guaranty insurarce as mortgagee shall irom time to time deem fit to carry on the loan secured 1~ereby. Mortgsgee shsll from timc to time notify mortgagor ~n writ~ng of the amovnt due and payable heveundrr and such sum shall thereupon be dve and j payable on the due date of the next monthly payment and each successive month thereafter urtil mutgagee shall notify mortgagp of a chang~ in ivch amount. Such sums thall be applied by mortgagee toward the payment of real property taxes, inaurance prem:ums, and mortgage 9uarsnfy i~surance p~emiumf. IN WITNESS WHEREOf, the s~id MORTGAGOR has hereunto set his hand and seal the day end yea? first aforesaid. g~ned,~ al~d ~nd ~Ilver~d ' th~ r nce of: ~ `~/v ~-a / ~ ~f~~~ ~ aq a~rt/ n __C-+_t n--~ ~-n STATE Of FLORIDA ~ St. Lucie couNn oF ~fae n,e pe„«„~y, ,ppe,~ed Ri ehard G. Jordan .nd vgTA Jordan his wife, to me well known and known to me to be the individwlt desuibed in and who executed the foregang instrument, and acknowledged before me that tFroy executed 1F?e same fw the purposes ,he,~;n .xp~es~ad. ,4„d the .,;a Vera Jordan ~~fe of ths ..~a Riehard G. Jordan a sePs?ate and pr~v~te examination by me tsken sepante and apsrt from F?er said hu nd, acknowledged to and before me that she executed said instrument frcely and volurr tar~ly and witF~o~t any compulian, constraint, appreheni ~ear of or from her said husband. LL WITNE55 my hand and official sesl thi~ day of 0 b A. D. 19S~SL~ ~ ~ ~ ~ ,E - ~ . Notary Public in and (or the State of Florida at Larpe ~ ~ My Commission t:piret: ; ~ Return To: ' • Fint Feder~l S+virgs 3 loan Aswciation NOtiry ~1I. State at Florida at luge j ~ ot Fo.r P~~«e. t?{y Commission Expires Na-r. 3, 1969 fOff Pierte. FlOrida ~sr,ded E~ I~r.+~+KSa iu. 6 l~+~uh' Co, ~ FILEO AND RECOROEO ~ ~~~~t~:.., ' ; . , ; S7. IUCIE COUNTY. FLA. ~ • ~ ~ f , ~ ' y` • ~ ~ RECO~!D VERIFIED " ~ > e'•~~/~ Q'~.~^~ h ' t 1 ; j•• . ` ~ • ' _ '06 CCT I 0~M 9: 55 ~ ~ -~~9~52 . . ; _ ~ : _ ~ ~~o~.~~ ~~o~TR:.s . CLERK CIRCUIT COURT ~ 800K 156 PACE ~~c ~ ~r~" ~ ~i~f'r,~~%r~,m : ~vC 4 ~La+^ _ ~ . . _ _ ' "r""k ~T~ s'}i j - ^ .~e: