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Home My WebLink About2263 ~ . i ~ To plac~ and continuouily ksep on the bui!dings now o~ herasft~r ~~tuate on s~id land snd on all equipme~t and pe~son+lly covend by this mat~ ~ ~gs, with ~II prtmiums the~ton p+~d in full, fire insurance i~ tM usual standard poticy tam, in s sum approv~d by the MORiGAGEE. ~nd w~nd~tam ~muronct in tM vsual standard pol~cy fam, in a sum approved by ~he MORTGAGEE, in such company or comp+~ia +t tM MORTG~IGEE m+y ~ (Ii~Kij ~nd ~II. fir~ ~nd w~ndstor~+ inaurance polrc~cs on any of sa~d bviid~nq~, any interes~ therein or part thereof, in the aggre9~te ium ~to~esaid w in eacess thereof, sh~ll contain ~he usual standard mwtga9ee diuse w such other clauss as the Matgagee may reqwre, ma?irp ~he loss under sa~d po~i~ ~ c~es, each and ~vay, payable to s+~d MORTGAGEE ai ~ts interest may sppe+~, and each ar+d every such pot~cy ~hall be prompttY +ss gr+cd and delivered to •ny i~eld by ssid MORTGAGEE ss fur~her security to tsid matgage debt. ~nd, ~ot leu ~han len (10) dayi in advance of ~he expiration of each poliq, to de- live~ to s~id MORiGAGEE • renewal thereof, topelMt with a rece~pt fw the pre~niurn oi such renewal; and there shall be no fire or windstorm inaurant~ placed on ~~y of said buildings, ~ny iMerest therei~ w pa~t ?hereof, ~~less i~ the form and wi~h ~he loss payabfe as afaesaid; and in the eve~t a~y sum of mon~y becanes p+yable under such policy a pol~cies sa~d MORiGAGEt shall have tha opt~on to rece~ve and apply the same a+ account of the indebted- ness secur~d htrtby a 1o pe~mit uid MORTGAGORS to rece~ve snd uie it a any part fhereof ior oihe. purposes, w~~hout ~her~b~ waiving or ~n+pair- i~g any pvity, liee~ or right under or by virtve of thii maigage; and in tM event sa~d MORTGAGORS sha~l fw sny reason fail to keep the ia~d premises io ~ni~red, w fail 1o deliver promptly any of said policies of insurance to sa~d MORTGAGEE, or fail promptly to psy fully any prem~um the~efw o~ in ~~Y respM fail b pafonn, diuhuge, exacute, effM, complete, comply with and abide by this covenant, or any part hereof, uid MORTGAGEE may pl~ce and pay fw iuch i~su.ance w~ny put thereof withou~ waiving w affedirg any op~~a+. lien. equ~ty, or right unda or by virtue of this Ma?ga~e, and the f~ll amount of each and ewry sucA paymer+t shall be imrnediatcly dw and payable and ~hall besr interes~ from tM date ~hereol until pa~d at ~he ~ate ot n~r,e per centum pa ~nnum and together with such interes~ shall be secured by the lien of this mortgsge. 1. To p~rmit, oorrunit a suffer no waste, impa'ument or deterioration of u~d property or any part thereof. 5. To pay all ~nd slnpul~r tM costs, cMrges and expenses, includ~n~ a reaw~able at~orney i fee and costs of abstracts of title, incu?red a paid ~t •ny time by said MORTGAGEE, beta~se ot in the event of the failure on the part of the said MORTGAGOR to duty, promptly snd fu11y per(o~m, d~uhar9e. •xec~t~, effecL compkte, comply with and abide by each and every the stipvlatrons, sgreements, conditions, and covenants of said promiswry note and thi~ mort9aye ~ny w ei?Fxr, and wid coab, ch+rge~ and eapenses, e~ch and every, shall be immed~ately due and payable: whether or not thc~e be r.otice de~ mend, attempt to collect or suil ptndirgs and the full amounl of each and every such payment shall bear interast from tht date thereof until paid at the ra~e of nios pe~ centum per am~um; and all said costs, charges and eapenses incurred or paid, together w~th such interKt, shall be secured by the lien of thu i mort9ap~• ' ~ 6, Th~t in the event of any breach of this Mwtgage or default on the part of the MORTGAGOR, o? (b) in the event ~ny. of sa~d sums of money ; her~in raf~rred to be not promptly and futly paid within th~rty (30) days next after the same severally becoroe dve snd payable, without demand w notice, , or (c) in tM ~vent e~ch and every the stipulations, agreements, conditions and covenants of sa:d p~omiswry note and this morfgage soy or eithe~ are nol ~ iufy, promptly and fully performed, d~xharged, executed, effected, completed, complied w~th and sb~ded ~iy, then in e~ther w+nY such event ths ssid a¢ ; greqate wm mentaned i~ uid promiaswy note then remaining unpaid, with interest accrued, and a11 moneys secured hereby, shall beco+ne dw and pay- sbte forthwith~ O? 1F1QtNffN. ~t 1M oprion of said MORiGAGEE, as fully and completely as i( all of ~he said swns of mo~ey were wqinally st~pulated ~ io be pa~d on such day, anythin~ in said promiuory note w in this Mortgage to the cororary notwithsundirg; and thc?eupon a thereafter at the option of { seid MORTGAGEE, without notice w demand, suit at taw w in equity, therefwe w thereaiter begun, may bt prwecuted ai if sll moneyt sacur~d hareby ~ i hed m~twtd prior to iri instifution. ~ 7. That in tM event tMt at the beginning of or at any time pending any su~t upon this Mortgage, w to toreclos~ it, a to refwm it, w to enfwu i peyment of ~ny daims hereunde?, s+id MORTGAGEE shatl apply to the Court F?aving jurisd~crion thereo! iw ths appointment of a Receiver, such Cou~t sMtl Forrhwith appoint s reteiva of sa' mortgaged prope?1y all and s~n9ula~, includ~ng atl and singu~ar the incon+e, profits, issues and revenves from whatsver ~ourc~ de~ivtd, eath and ~very o~which, it being expressly understood, is hereby mortgaged as if spec~ficatly set fath and desuibed in the g~anting and habendum clauses htreof, ind suth Receiver shall have sll the b?oad and eftective fu~+u~ons and powers in anywise entrusted by a Court tp s Reteiver, and such appointmeM shall be made by such Coort as an admitted equity and a mane~ of absolute r~gM ro said MORTGAGEE, and without reference to tM edequacy or in~deqwq of the value of the property matgaged w to the so~vency or insolvency of said MORiGAGOR w the defendanri, and thal such rentt, profiri, intane, iuuts +nd revenues shall be applied by such Receiver accord~ng to the lien w equity ot said MORTGAGEE and the prattiu of such CouR. 8. To duly, promptly ~nd fully perfam, diuharge, execute, effect, comptcte, comply wi?h and abide by each ~nd every the stipulations, agreemenb, conditiont and toven+nts in s~id prombsory note and th~s mortgage set fwth_ 9. That in ths event the owner:hip of the mortgaged pren+~ses, w any part thcreof, becomes vested in a person other ihsn the MORTGAGOR, ths h10RTGAGEE, iri sutceuort snd auigns, msy, without notice to the MORTGAOR, deal wi?h such successor o~ wccessw in interest with refertnce to this mortg~fle and the debt hereby secured in the same ma~ner as with Mortgago. w~thout i~ any way vii~ating a dixharging the Mortyagors' liability herr ; under w upon the debt Fureby setured. No sale of the premises hereby mongaged and no forbearance on the part ol the MORTGAGEE or its suctesson or a~:igns and no extension of tAe time for the paymero of the debt hereby secured given by the MORiGAGEE or its successors or su~gns, shall operate ro releau, dischargq rnodify thu+ge w affect the wig~nal liability of Ihe MORiGAGOR herein, either in whole w in part. ' 10. If ia s ~ficall reed that time is of the esse~+ce of this contract and that no waiver of any obligaYan hereunder or of ths obliy~Yan t~- E P~ Y a9 cured hereby sMll at any time thereafter be hefd to be a waiver of the terms hcreof w of the instrument secured herby. 11. In addition to the fwego:r+g monthly payments of princ'pal and interest required by thc promissary ~ote secured he~eby, mortgagor covenants ; and agrees to pay to mortgagee with each monthly payrnem an add~donal sum estimated by mortgagee to be equal to 1 f 12 of the annual tost of the follow- ~ in~: j A-All teat property taxes levied w assessed agai~st the above described real estate. ~ B-Premiums on tire and windsform insurance as herein requ~red to be carried on the improveme~ts situate on the above de~Cvi~s~, ~erAises., ' . C-Premiums on such mwtgage guaranty insurar~ce as mortgagee shall from t;me to time deem fit to csrry an the ban se~~ blreby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum.~Ffa11 .ttieceupon`be du!-~aqd i ~nyable on the due date of the next monthly payment and each successive month thereaiter ur,til mortgagee shall notify mo~t Or af a chang~ in: sLcFr ~ eTount. Such sums shall be spplied by mwtgagee toward the payment of real property taaes, insurance prem.vms, and ~sge guaranty ins4Pl~ce: : = premiums- ' ~ . ; ~ ' ~ - . • ' ~ IN WITNESS WHEREOF, the said MORTGAGOR has.b~(~yryp se[~~t ~i~?~De~~he day and year fint sioresaid. - Sipned, S~ led and ivered in the preunce of: r~~'~~~ A~,~ THE SAINT JOHNS~.;~AP.;i'IST CHt1RGH - ST. LUCIE C4UNTY. FLA.p ~ c c-!}nr ~~CP.IFIEU B • _ ? • ~ ~ . ~ ~.491.1_4 .:~i:. , . - ~ Dc~ t~ Pn~ z: 2s ~~~~~r ~~H Q , ~~i•. ( SEAL ) ~ a~ Trusteea of aaid Corporation. ~ - - - - - - - - - - - - - - - CLERK CIRCUIT COURT--- STATE OF FLORIDA COUNTY OF ST. LUCIE I HEREBY CERTIFY, That on this d day of Or_tehAr , A.D. 19~ifi, before me personally appeared Orr~t Johnson a~! JefP L. Thomas Cha rm and Tommie~eema~ respectively Y tc and Tr~s t e e and Secretary . Treasurer and Truatee• Lucius Gaskin, Trustee; end Walter Min~tee, Trustee of w~ :nt~. c e Tvm Tnwe n A nm~m ~utrn~u , a r~~~;~Q~p.;e~d~ Corporation, to me ~ known to k~e the.~persons described in and who executed the foregoing instrument, and severally acknowledged the exe~ ~ cution tFiereo.E ~fo~ be "tfi~i'r.free act and deed as such officers for the uses and purposes therein mentioned; and that they affixacl there~p-~hs qfficiel seal of said corporation, and the said instrument is the act and deed of said corporation. WITNESS my ha~+d-and official seal at Fort Pierce , said coun and state. ~ ~ ' ' / . _ , . . , . ~ • ~ ~i1 ' Q.lLS~ix.Gst/ . ~ Notary Public, and for State and County aforesaic~ e ~ ~ - ~ ~ My Commission Eupi~es: PubMc. l~~~ ~ ~or~de s ~rg . W01drY . AuF.; 6• 1967 . • • . • My Comm~ „n°encan ~Sucety ~o- of N. Y. , Bonded By ' BOUK ~JV PACf 4~ %`f ~ - - - - - , . _ _ - _ . ~ _ • a~- - ~ ` s _ - -