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Home My WebLink About2261 I To plac~ and continuo~sly keep on tM bv~tdings now w hereaf~er ~~tuate on said land snd on ali equipmem u+d ptrso~+~~Y cover~d by lhis maty- age, with all pr~miums thtreon p~id in (ull, fire insu?ance in 1he usual standard po:ity fam, in • sum approvtd by IM MORTGAGEE, ar+d windstw~r i~suranct in tht ~tua) ttandard policy fam, in + sum apµroved by the MORTGAGEE, i~ ~vch company or con+pa~ies as tM MORTGAGEE may d~rect; ~~+d all fIn ~nd w~ndstorm insurance pol~ues on any o( is~d build~ngs. ~ny inreres~ therein or pa~t thereof, in tF+e +qyre~ate tum ~iw~said w ln sxttst lhereof, sMll contain the us~al st~ndard matgagee clause or su.h o~Fur clsuse as the Matgsgee may requir~, maMinp fhe lou unda u~d po~i~ ues, each ~nd ~wry, payabl~ to said MORTGAGEE ss ~ts interest may appear, and cach and every auch pol~cy thall be p~omptly ~u.yned +~+d de~~~ered ~o ~ny held by iaid MORiGAGEE as fvrthe? secu~ity to ~aid mortgage debt, and, ~ot less than ten (10) days in advarxe of the expir~t~on of esch polrcy, to d~ I~ver to ~sid MORTGAGEE • renewal thereof, togetMr wiih a receipt iw the premium oi such renewal; and there shall be no f~re or wind~torm insur~oc~ placed on any of said kwildinps, +ny intereit there~n w par~ thereof, unless ~n ~hs form and w~~h ~he loss pay+ble as afaesaid; +nd ~n tM event ~ny ~wn of mo~~y becanes payable under such policy a policies said MORTGAGEE aFwll have the opt~on to receive and ~pply the same on sccount oi the indebted- ne~s setured Mr~by o~ W pe~mit said MORTGAGORS to receive and use it a any part thercoi for o~~cr purposes, w~~hout ~hrreb~ waiving w~mpair- ing any puity, lien ot right ~nder or by virtw of this matgage; and i~ the event w~d MORTGAGORS shall fa ~ny reaso~ fail to keep the ~aid premites so - ~n~ured, w fail fo deliver promptty any of said policies of insurance to said MORTGAGEE, w faif promptly to pay fu~ty any p~emium therefw w in any respect fail b paforrq, diulurge, execvte, effect, complete, comply with and abide by thit covenant, a any pa~t he~eof, said MORTGAGEE may p~~ce +~d pay fw such inwrancs or ~ny parf thercof without w~iving or affecting any option. lien, equiry, a right unda w by virtue of this Mat9spe. and ths full +mo~nt of tath ~nd every s~ch payment shall be immediately dw and paYable and shall bear inte~est from 1M date thereol ~~til paid +1 the rate ol nine per centum pa a~num aod together with tuch interest shaU be secured by the lien of lhis mortg~ge. 1. To permlt, commit or suffer no waste, imp+7rment or deterioration of sa~d property w any psrt thereof. S. To pay all ~nd sing~lu the costs, cMrges and e:penses, including a?easanable attorney's tee and costs of abstracts of title, incurred w paid at eny time by wid MORTGAGEE, because w in the eve~t of the lailure on the part of the said MORTGAGOR to duly, promptty ~nd fully pafwm, dixMr9t, execuse, eifed, canplete, comply w~th and eb:de by each snd every rhe stipulat~ons, agreemen~s, cond~tlons, and covenann of said promiisory note +nd th~+ mortg~9e ~ny or either, and iaid costs, cMrges and expenus, each and every, shall be immedia~ely dve and paysble; whether or ~ot thc~e be r.otice d~ mand, att~+npt to rnllect w suit p~nding; s~d tl+e full amount of each and every svch paymem shall bea. interest from tAe date tF?ereoi until paid at the rere of nine per tentum per am~um; and all said costs, charges and expenses inturred a paid. ~ogelher w~th such interpt, shall be secured by ths lien of thi~ mortpay~. ~ 6. Th~t in the evenf of any bresch of thit Matgsge w default on the part of the MORTGAGOR, or (b) in the event any of sa~d svms of mor?~y ~ heroin refKred ro be not prompNy and fully paid within th~rty (30) days next af~e~ the same severally become due and payable, without demand w rw~ite. j or (c) in the ~vent each and every the stipvlations, igreements, cond~tions and covenants of sa:d p~omissory note and ~h~s mwtgsye arty w either •re no1 ~utY. Promptly ~nd fully performed. d~scharged, executed, effetted, completed, compl~ed with and abided ~ay. then in either w any such event the s+id a¢ preyata wm en~nt'a~ed in said promissory note lhen remaining unpaid, with interest accrued, and all moneys secured hereby, aMll betome dw and psy- abl• fwthwitly or thtrNfter, at the option of said MORTGAGEE, as fully and completely as i( all of the said sunr of money were a~pinalty stipulated ro be paid on wch day, aeythinp in said prom7ssory note or in this Mortgage to the contrary notwithsundiny; and thereupon o? lhereafter ~t the option of ~eid MORTGAGEE, withovt notice or demand, tuit et law w in equity, tFxrefue or thereafter begun, may be prosccut~d u if all monsys sKU~ed hereby hed matwad priot fo iri inslitution. TMt in ths event that ~t the beginnirg of or ~t any time pending any suit upon this Mortgage, o? to foreclose iL or to rcform It, or to enforp payment of any daims herevnder, said MORTGAGEE shall apply fo the Cou?t having jurisd~aion thereof fw ths +ppo~Mment of a Receiver, such Court shall forthwith appoint • nctive~ of ssi~ mortgaged properfy all and singvlar, includ~ng all and singular the income, profits, iuues end revenues from whatev~r sou~ce dstived, eath ~nd ~vNy o# whith, it beiny expressly understood, is hereby mortgaged as if speti(ically set forth and dewibed in the pr~ntiry and hebendum clauses hereof, ~nd such Receiver shsll have alI the broad and effect~ve funcr~ons and powers in a~ywise entrusted by • Court tp a Receiver, ~nd ~uch appointment shdl be made by svch Court u ~n ~dmitted equity and a mattc~ of absolute right to said MORTGAGEE, snd without refe?ent~ to 1M adequacy w in~dpwcy of the wlue oi the property ma?gaged or to the so~vency w insolvency of said MORiGAGOR or the defendantt, and that suth renr~, profiri, income, issues and revenues shall be appiied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, dischar9e, e:ecute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions ~nd coven+nts in said promissory note and this mortgage set fwth. 9. That In ths event the owrxrship of the mortgaged premises, w any psrt thereof, becomes vested in a pena+ other ihan ihe MORTGAGOR, tFy MORTGAGEE, iri wtcessors and auiyns, may, without notice to the MORTGAOR, deal with such sutceasor w Nxcessa in interest with reftr~r?te to fhia mortg~ge and the debt hertby secured in the ssme manne? as with Mo~tgago~ witFaut in any way vitiating w dixharging the Nbrtyagors' liability hert under or upon ths d~bt hereby setured. No sale of the premises hereby mortgaged and no forbearante on the part of tl~e MGRTGAGEE or in iuccessws or assigns and no exrensron of the time fa the payment of the debf he~eby secured given by the MORTGAGEE or its tucceuors a suigns, shall operat~ ro release, discharge, modify change or affett the orginal liability of the MORTGAGOR herei~, eilher in whole or in part. 10. It is spetifically egreed that time is of the essence of this contract and that no waiver of any ob~igatan hereunder or of ths obCgation s~ cured F~areby shall at any tune thereafter be heid to be a waiver oF the terms hereof a of the instrument secured Mrby. ~ , . '•~,q, A-All real prope~ty taxes (evied or assessed against thc above dezcriF,ed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be can~ed on the improveme~ts situate on the above described premises. f C-Premiums on suth mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. Nbrtgsgee shall from time to time notify morigagor in writing of the amo~~t due and payable hereundrr and suth sum shall thereupon be due and ~ Fayable on the due date of ihe next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in iuch ~ a^ount. Such sums shall be applied by mortgagee toward the payme~t of real property taxes, insurance prem.ums, and matgage guaranty insurance ~ premiumf. IN WITNE55 WHEREOf, the said MOR~GAGOR has hereunto set his hand and seal the day and year first ataesaid. Sipned. S~ded and delivered in Hu presence of: 'f~,~ ~ j~. ~x.x. 1 ~ ~~c~ca.v1(.'~' an ' 9 t1~v~ il Arl (c.aq ts,aq r5eap ~ TE OF FLORIDA t ~ } S5. couNn oF S.t. LuciA i - Before me personally appeared j~[i 7 1 i t~m R i~[3vann and al 1 i a R neySOn his wiie, to me well known and known to me to be the individwb described io and who execvted the fwegoing instrument, and acknowledged before me that they executed the same for the purposes therein expreued. Md the sa" /~l 1 ~ A B Dewaon ,N~fe of the aid W~ 7 1 R Ds~t~nn _„Po„ a scpuate snd priwte examinat'an by me taken seps?ate and aparT from her said h sband, scknowledged to and before me that she execvted said instrumeM freely and volun- rar~ly and without sny compulsion, constraint, apprehensio~r fear of or from her said husband. LL WITNESS my h~nd and officisl sesl ti~is day of A. D. 19_i~~__ ~ - s- ~ ' - Notary Public in and fw the State of Florida et larpe ~ My Commisiron expires: ~ / ~ Return To: F~nt Federal Savings a~~ nu«~ar~ F1LE0 AND FZECORDED ~ Notary P~~blic, Sta!e aI florida at largc ~ of fo?f vice~ce. ST. LUCIE COUNTY. FLA.' Com~nusan Expues Nor. 3, 19E9 ~ fO/T PiGKQ Florida RECORO VERIFIEO 6cnded 6r As:ent~n F"re 6 Catwkr ~o. - - t R-~v~~ ; - '66 OCT I I PM 2 : 25 ~ ~ ' ~ - - ~ .1 -149113 ~ . _ . . 1- nOJCR f'OITtZAS CLERK CIRCUIT COURT , 80~ 156 PAGE 458 s~ - _ ~ ~ - .u ~ e ~r: _