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Home My WebLink About2433 To pl~c~ ~nd oontinuo~sly kNp on ~M bui!d~ngi ~ow or hereahN utwro on sa~d I~nd ~~d on ~II eqvipmaq ~~d p~naully covend by this ~no~p- p~, with ~II p~mivm~ tMnon p+~d in full, fire iniurance ~he uiual itandard polity fwm, ie~ ~ ~um approwd by tht MORiGACsEE, ~nd w~nd~~am Msuru~te in ~M uawl uandud pol~cy fam. in a sum approved by 1M MORTGAGEE, i~ wch carpany w canp+^ks a ~h~ N?ORTGAGEE may du~ttr ~~d ~II fin and wir?dstwm insur~nct policies on a~y of iaid build~nps, any i~ter~st tF+erein w put thHeof, in tM ~pqrsy~t~ wm ~fptNid a tn ~xcas tF~wf, sMtt contain tM viwl ~tandud marga9ee clause o~ such o~he~ clause ai IM Matyagcs may rpuu~, makinp tl» bis w~ds~ ~+id po~i~ dq, each ~nd ~ve~y, payabl~ ro said MORTGAGEE as ~tt inte~est m~y ~ppear, and each and eve~y such poticy ~hall be promptly ats:pned +~d dt~~vH~d to .~ny htld by s~id MORTGAGEE as fu~Ihtr ~ecutity to uid mut~ag~ debt, a~, no~ leu than ten (10) days in adva~ce oi tht e:piration ol eath policy. ro dr (ivN to ~ak! MORTGAGEE a~enew+l thercof, IopNMr with ~ rece~pt fw the prsmium oi such renawal; and ~her~ shall b~ no f~r~ a windsto~m insu~~nc~ plac~d on ~~y of said buildirgs, ~ny interest tMrein a part thereot, un(ess in the fo~m ar+d with the loss pay+bl~ a: afores~id; +nd in tM ~v~nt ~ny sum pf moeKy becomq p~r~W~ ~nde~ tuch polky a policies taid MORTGAGEE sMll have ths op~~on to receive and ~pply ti~e same a+ accou~t o( tA~ indabted~ n~u wcvred hereby w to pen++it ~aid MORTGAGORS ~o receive and use it p any part thereof io~ othe~ purposes, w~ihout thereb~ waiving or ~mpah- Inp any pu;ty, li~n or right under or by virtw of this ma:gaye: and in the event s~id MORTGAGORS th~ll (o~ ~ny reason iail to keep tM sa~d p~em~set so ~ Insw~d, w i~il b deliva promptly My of said policies of insurance to said MORTGAGEE, a fail promptly to pay fu~ty snY premium therefor w in +ny r~sp~ct fail w p~r(orm, d~scharye. ~x~c~te, efiect, comptete, comply wi~h ~nd abide by ~his covenant, a any pa~t he+wi. said MORTGAGEE may place +nd ; p~Y fa suth insurant~ w u?y put thKeof without waivitg ot ~ffettinp any option, lieo, equity, w riyh~ undtr a by viAw of this Mort~a9e. and the ~ full snaunt of each and twry iuth payment ihall be inunediately dw and payable and sball be+r intere~t irom tM date thereof vntil paid at tl» rat~ of niM per centum per snnum and togNher with tvch interest shatl be secured by tM lien o( this mortyafle. ~ 1. To permit, oommit or suffN no wast~, knpairment w detcrioration of said t w an rt thereof. ~ P~~ Y Y W ~ S. To pay all ~nd sirgul~r tM cosn, charqe~ and expenses, includ~ng a reasonable nrwney's fee snd costs of ~bstracts of title, incu~r~d o~ paid ~t ~ ~ny fime by taid MORTGAGEE, bsu~se w in th~ ~vent of the fail~re on ~he part of ~M sa~d MORTGAGOR to duty, prompHY and fvlly perform, discharqR ~xetut~, ~ifset, complet~, comply w~th and ~bide by s+ch snd every the u~pulanons, agreements, cond~~~ons, ~nd covenanti of sa~d promisswy ~ot~ and ~hi~ matyap~ ~ny w~i?her. and ~aid costs, charp~s ~nd expenses. each and every. shatl be immedia~ety d~e and payable: whNhe~ or not there b~ r.otice dr ~ nNnd, atttmpt M collect p suit ptndirgt +nd tM full amount of each and every such paymenl :hall bear interstt from tM date thereof until p~id at the ~ate of nln~ pet centum per snnum; and all said tosts, charges and expenus inturred or paid, together with suth intere~t, sMfl b~ s~cur~d by tM li~n of t!w ~ ~ 6. TMt (a) in tM event of u?y bresch of this JNatgs9e or defaul~ on the part of the MORTGAGOR, o~ (b) in the event ~ny of s~~d svms of mon~y MtNn r~fKnd to bs not promptly and fully paid within th~rty (30) days next after Ihe same severally become due and p+Yabk, without dem+nd o? notice, or In th~ ~wnt e+ch u~d every the stipufations, sg.cemenf:. conditions and coven~nts of ~s~d promisso~y note and th~• mort9+pe any a either are no~ ~uly, promptly and fully performed. d~xMrged, execvted. effected. completed, compGed with and abided Sy. then in e~tMr w a~+y such ewnt tFw said ~g prpab wm m~ntionad in said promissory note thtn remaining unpaid, with interest ~cuued, and all moneys setur~d hereby, iMll betome dw ~nd p~y- ~bl~ fathwith, q•TFIltNf1N~ at tM option of said MORiGAGEE, as tully u+d completely as if all of ~Fx w7d w~ns of money were or~pirully s~~pvl~tsd fo b~ psid on wch day, s~ythlnp in said promisswy note or in this Mwtga9e to the cont?ary notwithst~ndinp; and thnevpon w there~fter at the opt~on of uid MORTGAGEE, without notic~ or demand, wit at law w in equity, thcrefo~e or tF~reat~er begun, mar b~ Frouc~~~d ~s ~f ma~tY~ s~t~+r~d htr~by had mafvr~d ptiOr to in institution. 7. TMt in tM ~vent that ~t tMe beginn'ug of or at aoy time pending any suit vaon ehi~ Mwtg~ge, a to foreclos~ it, a to rofwm it, a to enforp payment of sny d~ims M?evnder, wid MORTGAGEE ihall apply to the Court having jurud~aion ~hereoi for the appo~ntment of a Receiver, avch Court sMll Fwthwith ~ppoint s rscciva of si~1 morfpaged property all and singular, includ~ng aIl and s~ngutar the income, p~of~ts, asws ~nd rewnuef from whattvsr wwp d~riwd, e~ch and ewry of which, ~t beinp expreuly unders~ood, is hereby mongaged as if speuficalty set fath and describ~d in the 9r~ntirq ~nd habendum clauses hereof, and tuch Receiver shall Mve all ~he boad snd effective funce~ons and powers in anywise e~trusted by • Ca?rt tp a Reuiver, and suth appoi~tment ahall b~ maJe by suth Court ~s an admitted equity and a mstter of absolute r~gh~ to e+id MORTGAGEE, ~nd without ?eferenc~ ro th~ ~dp~acy w in~quacy of the wlue of ~he properry mor~gaged or to ~he sowency w~nsol~ency of sa~d MORTGAGOR a the defendant~, and that such rents, profiri, income, iuves and twenues shall be applied by such Receiver accwd~ng to the lien or equity of said MORTGAGEE ind the prxtiu of tuch COUA. 8. To dvly, promptly and f~lly ps~form, d'acharge, execute, eifect, complete, comply with snd abide by esch and svery tM stipulations, agrtsmenb. conditions and coven~nts in uid promiuory note and th~s mortgage ut forth. 9. Th~t in tM went the ownenhip of the mortgs9ed premises, w+ny part tFxreof, becomes vest~d in a person other th~e fhe MORTGAGOR. tF» ~ MORTGAGEE, in wtcessors and aui9ns, rray, wi+hout norice to tFx MORTGAOR, deal with such sutcessor w~+tc~ssa in interest with ~tferance to this morty~p~ and the debt hcreby setured in the same manner as with Mortgsgor w~thout in +ny way vitiatiog a discMrying the Mo?tysgors' liability her~- unde? w ~pon tM debt hereby secured. No sale of the prem~ses hereby mo.tgaged and no iwbearance on the p+~t of tF~s MORTGAGEE a in succeasws or ~uipns snd no extens'wn of the time fw the payment of the debt hereby secured given by the MORTGAGEE w its successws or auigns, shall op~rafs lo r~kue, disch+rye, modify ch+nge w affect the orig~nal liabil~ty of the MORTGAGOR {xrein, either in whole w in part. 10. It is spedfically agreed thet time ii of ~he cssence of this contract and that no waive~ of any obligstion hereunder or of tho oblipaYwn N- wred hersby sMll et ~ny time thercafter be held to !e a waiver of the terms hereoi a of the instrument secored herby. 11. In addition to the forego:ng monthly payments of princ'pal and interest required by the p~om~ssory note secured hereby, mwtgagor townant~ ~ and agrees to p~y to mortpagee with each monthly payment an add~rional sum estimated by morrgagee to be equal to 1/12 of the annual cost of the follow- ir~: A-Alt real property taxes levied or a:ussed agai~st tnc above destribed real estate. ~ B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements s~tuate on tM ~bove desuibed premises. C-Premiums on such mortgage guaranty insurance as mortgsgee shall trom rime to time deem fit to carry on tMe ban fetured hereby. Mortgagee shall from time to time notify mortgagor in writi~g of the amount due and payable hereunder a~d suth sum shall thereupon be due and r. il t a ee shall norif mo~t or of a cha e in such t 1 ment and each successive month thereafter u t mor Y 9a9 ^9 payable on the due date of the next mon h y pay 9 9 amount. Such sums shall be applied by mortgsqee toward the payment of real property ta:es, insurance prem:um~, and mortgsge gua?anty insurance premiuens. N WITNESS WHEREOF, the said MORTGAGOR has he~eunto set his hand and seal the day and year first afaesaid. S ' nd. ~ and ~~tM presersce of: ~ ~f/L ~q ; U ~ ~ . ~n ~a~ TE OF RORIDA ~ Lucie couHnr oF St. eef«e me perwoslly appeared Arlond E~.i~ene L.ott aed E~na Garolvn Lot t his wite, to me well known a~d known to me to b~ the individwls described in ~nd who executed the fwegoi~g instrwnent, and acknowledged before me that they executed the same for the purposes Nrorein expressed. Md the sai' G~I18 C9I'Ol QIl ~O~t wife of the ssid Arlond Eugene Lott a separate and privst~ exuninat~on by me taken separate and apart from her said husband, xkrawledged b and befwe me that she executed said imtrumeM treely and volurr larily and withouf u~y compulsion, constraint, spprehen iw~, or ear of w from her ssid husbsnd. WITNESS my hsnd and official sesl thi day of ~c tober a p. 1966 ~~~y / ~~i ~/1/ _ Notsry Public in a~d fw tt~e State of Fbrida ~t lar~e , . . - My Commission ~xpird:. Return Ta - NO~iry ry~K. stit! 0~ F~Ofi~i it ~a[q! Rrst Feder~l Savi~gs d. Loan /lssoti~tion . , - Of Fort P7erce. ' ' _ - E1IQIfK S!~• 23, 1969 ~~J~~°~.~ M~dN b~w~w Fn a Gwlt? Ce. Fort Pierte. Florida ~ ~V ~ ~ ~ 'a ~ - ~ 1 ~ _ J I ~ f~~~ AN ~ UNT4Y~Fl.A?, ~c J._ ' , - ST. L~C1E vEa1F1E0 _ - - ~ . ~~~ORD ' - O~u~~ ~ ~ . ; ' S ~ ,6 ~T ~y P~ 3 6 149~20 LERK ~ R~VIT COURT g00K15~ PACE 32 C _ ~ ~ y ~ ~ - - - _ ~