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Home My WebLink About2689 ~ To pl~ ~nd oontin~ousty ke~p on tM build~ngt now or Mreahtr ~itv~te oe said I~nd ~nd on dl puip~n~t u+d p~noe~l~Y tov~?~d MI Ihi~ ^wrp' p~, with all pttmiwM Iha~on paid in tull, fire intunnct ~he ~sual sunda~d policy fwm, in • swn +pprowd by tM MORiGAGEE. N+d v+ic+d~twm Inux~nc~ in th~ viwl-it~ndard pol~cy fam, in ~ ~um approved by th~ MORTGAGEE, in s~?ch canp+ny o~ canW^i~+ +s t!~ MORTGAGEE m+y dir~etj ~nd ~il fk~ and windstorm insurae~c~ polic;et on +ny of isid buildinps. ~ny inl~rtst therein w p+rt thaeof, in tM spqrep~t~ wm ~ta~said or In ueuu therwf, ~hall contain tM wual ita~dud mor~9age~ clause a+uch otha clauss ai ~M Matpagee m~y rpv~n, m+?inp tM tosi v~ ~aid po~F tip. Nch ~nd ~wry. paYabN w said ~NORTGAGEE ss its in~erest may appesr, and each and eve.y iucA po~icy ~hatt b~ promptly ats:9~ed and d~live?~d ~o . any Mld by ~aid MORTGAGEE a furthN security to iaid mwtpay~ debt, ~nd, no~ I~u tMn ten (10) da~s in advance of the eapiration of each policy, ro d~- (ivN to wid MORTGAGEE • ren~wal th~~wf, topeth~~ wi~h ~ rece~p~ fw the p~emium oi iuch rencw~l; and ther~ sh~ll b~ no fir~ w winditam insw~nt~ pl~ad an ~y of iak! b~iWinps, ~ny interest thsrein w part thereof, unleu in ~he form ~nd wi~h ~he lou p+vabl~ as ataes+id; +nd i~ tM evenl any wm of mon~y b~corn~~ p~y~bl~ und~r such policy w polKies said MORTGAGEE shall have ths option to receivs and apply the sune o~ +ccount of tM indsbt~ n.ss s~cw.d ha.by w a p~.en~r sa~d MORTGAGORS ~o rece~ve snd use it p any parl thereof ia other purposes, w~tFau~ the~eb~ waiving or ~mpair- Mp u~y pv~ty, lien a riyht w~der w by virtw of this morcyape; and in the ~vem u~d MORTGAGORS ~ha~l fa ~ny reason tail to keep tM sa~d p.em~ses so Insured, or f~il b d~liva promptly +ny of said policies of insurance to ssid MORTGAGEE, w fail promp~ly 1o pay fully ~ny premium th~~tfw a in any rhp~ct fail w paforen, diuhup~, ~x~cut~, ~ffect, complete, comply wi~h and ab~de by this covenant, a~ny part her~of, said MORTGAGEE rin~y pl+c~ and p~Y fp wth huuranc~ or any pa?t thKeof witho~t waivirg w~ifectinp any option, IiN+, equ~ty, w ~pht vndK a by virtw o( this Mwtpa~. and the full amounf of ~ach M?d twry ~uch p+ymsm shall be immedi~tsly dw and p~yabl~ and sh~ll beu intsre~t from tF» dat~ ehereof until paid ~t ti» ~al~ ol nin~ per antum ~ annum arni together with such i~t_rest ihall be secured by the lien of tha mort9age. I. To pKmit, canmit or wffa no wut~, knpa'umtM or deteriw+tion of isid property « any paA thereof. ! S. To pay ~11 ud sinp~ta? th~ cost~, charpe~ ~nd expenses, includ~np a rcaion~ble a»orney i fee and costs of ~bstracn of titl~, incvned w pa~d ~t •ny time by said MORTGAGEE, b~caus~ or in tl+e ~vent of the failure on the p+rt of ~he said MORIGAGOR w duly, pranptiy snd fv!!y pa~tor~n, diuha~s. ~xecvt~. ~ffect, aomplet~, tomply with and ~b~de by ~ach ~nd every the st~pulations, agreements, cond~tions, snd oovenann of aid promissory not~ and ~hi~ rtwrtQp~ ~~y w ~i~1+N. ~nd ~id cosb, cMrpq ~nd expensei, cach snd every. iMll be immed~a~ely due and payable: whcther a not then be raKCe dr mand, ~tt~mpt to m11M w wit pMdiny; r.~d tFw full amoum of e+ch and every such payment shall bca? interei~ from the date thareof untit paid ~t the rate of nln~ p~? aMtwn per annum; ~nd all sa~d co~ts, charges and expenses incurred or paid, together w~th such inter~at. sh~11 bs secured bY ~Fw lien of tha ~a~ 6. Th~t in tM ~va+t of any br~ach of thit Mortgage w default on 1M psN of the MORTGAGOR, a(b) in ths tvent ~ny of sa~d sw~ of mon~y her~(n refpnd to b~ not promptly snd fulty paid within thirty (30) days neat after the same severatty becane due +nd p+yable, withous d~mand or notis~. o~ (t~ tn the ~wM ~ath and ~very Ihe stipulations, sgreements, conditioni and covenants of s~~d promiuwy note +nd th~s mwtgaye any a eithe~ u~ rwl iuly. Pro~tb .nd f„iy P..fo.mad, d7scMrged, execu~ed, effected. compteted. compl~ed wi~h and ab~ded Sy, then in e~ther a ~ny such ~wnt tM said prpat~ wm m~ntion~d in uid promissory note then rem~ining unpaid, with interest accrurd, and all moneyt secured hereby, ~MII betom~ dw ~nd pay~ •bN fonhwitFy a tMre~ft~r, at tM option of said MORTGAGEE, +s tully and completely as ii ~II oi the said w~ns of money were orqin~lly atipul~ttd to b~ p~id on wd~ day, anythirg in uid promiuory note or in this JNortgage to ~he conrrary notwithsundiny: ~nd tMreupo~ w there+fter at tht option of taW MORTGtGEE, withoW not~u a dem+~d, suit at law or i~ equity, tlure(ore a thercalter begun, may b~ prosecut~d ~s if ~II ma~tys s~cund hertby h~d rrwtw~d pr'ar to iri imtitution. ?haf in th~ went tMt ~f tM be9inr?irg of or at any time pending sny tuif vpon thia Mortgage, w to fw~clos~ N, w to reform tf, or fo enforq p~yment of any d~imt hN~under, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for ths appo~ntmem of • RKliVlf, such CouA ~MII forfhwith ~ppoiM i rscsiv~r o( u' mortqayed property all and siog~lar, includ~ng aIl and singular ~he income, profits, isswt and nw~sues from wMt~vtr wuru dNiv~d, eath ~nd ~vNy o~which, it beiny expressly understood, is hereby mortgaged as if specitically set fwth and destribsd in the prantinp ~nd h~b~ndum d~vay htr~of, and wch Receiwr sh~ll hsve •II the broad and effective funct~ons and powen in anywise entrusted by a Court Tp a Receiver, ~nd suth ~ppointrt~nt aMll b~ madt by wch Co~rt ~s an sdmitted equity a~d a maner of absolute right to said MORTGAGEE, and without r~fen~u to tM ad~qu~cy a insdpuaty of the v~lw of the property rtvxtgaged w to the sotvency or insolvency of s+id MORTGAGOR or the defendants, and that such ~ents, profi», incom~, iuues ~nd nvenues siwll b~' applied by such Receiver accord~ng to the lien w equity oi said M(3RTGAGEE and the practiu of suth Cowt. e. To dvly, prornptly ~nd fully p~rform, diaharge, execute, eifect, mmplete, comply with and abide by esth and ~very 1F~t stipulations, pts~n+~n», conditbro and oovenanri in said promhsory note and this mortgage set fwth. ~ 9. iFut le tM ~veM the ownership of the mortgayed premises, w any part thereof, becomes vest~d in a person other Mwn the MORTGAGOR, th~ µORTGAf'sEE, iU sucuuon ~nd aui~ns, m~y, witFa~t notice to the MORTGAOR, dea~ wiih such sucus~a w wcussw in ~mere~f with referenu to this mwt9p~ and tM debt her~by ucured in tM ssme manne? as with Mortgagor w~thout in any way vitiatinp or dixharging 1F~a Morty~ws' li~bilify hert under w vpon tM debt hereby secvred. No tsle of the Fremius hereby mortgaged and no fo?bea~ance on the pa?t oi tF+t MORTGAGEE or it~ wtce~son or ~uipns and no ezt~nsion of the time fw the paymeM of the debt hereby securcd given by the MURTGAGEE w its succeuwi w ~uiyns, ahall op~raf~ i ro nleaa, dixMrpt, modify change w affect the orig~nsl liability of the MORTGAGOR herein, eithcr in whole or in put. ! 10. It Is apetifitally a9reed that time is of the essence of this coMract and that no waiver of ~ny obli9atan I?ertunder or of ths oblip+t'wn se- cund hMtby ahall ~t any tim~ thlreafter be held to be a waiver of fhe terms hcreoi or of the instrument secured herby. 11. In addition to the faego:rg monthty psyments of princ'pal and interest required by the promissory nore setvred hereby, mortgagor tor~n+nb and apr~es fo pay to rtartg~gee with each monthly payment an addi~ional sum estimatcd b~ mortgagee to be equal to 1/12 of the annual cost of the follow- inp: A-All real property taxa kvied or asxssed against the above dexribed real esrate. B-Premiums on fire and windstorm insurance as here2n ~equ~red ro be carried on the improverrK~tt situate on fhe above desaibed premises. C-Premiums on suth mortyagt guar~nry insurance as mo~tgagee shall from t~me to time deem fit to csrry on the losn secured hereby. ~ Nbrty~yee shsll from time to time notify mortgagor in writing of the amount due and payable hereunder snd such sum shsll thereupw~ be du~ and payaWe on the due date of the next monthly payment and each successive month thereafter ur.~il mutgagee shall notify mortgagor of a change in auch ~mount. Such wms ~hsll bs ~pplied by mortgagee toward the paymero of real property taxes, insurance prem:ums, and mortgage guar~nty inwrance prtmiums. IN WI?NE55 WHEREOF, the said MORTGAGOR has hereunto ut his F~and and seal the dsy end yesr firit afwesaid. Sipewd, S ed ~nd ivered in tM prese of: ` Zc .n ~ ~ 0 n STATE OF FLORIDA 1 ~ St. Lucie i ~ sefwe me perwnally appsared ~tobert P. Di mmA~t ~nd Shirley J D~IDD1Bt'.t'. h~s wcic, to me well known snd known to me to b~ ths individwls described in and who executed tF~e fore9oing instrument, and acknowledged beforc me that they executed the same for the purpoKs rhe?e~ exa~d. /~d s+~d Shi2~le.y ~S D~++m~tt Wii. of t~..~w Robert P. Dimmatt ~,..ta,~a a~~.~. e:amination by me taken sepuate and apart from her said husband, edcnowledged to snd befwe me that she executed said instrumeM freely and volvn~ f~rily ~nd witho~t aeiy compulsion, constraint, apprehension_~r fear of or from her said husband. WITNE55 my Mnd snd official seal tF?is A7-o ~ day of A. D. 19_b.b.. Notary Publ' snd (or the State of Fbrida ~t L~rpe My Commis expires: . Retum Ta Ftnt Fed~r+l Savings a Lo~n Assoc7aYan N~Otary PubFc, Sta1~ of Noride at Large Of Fwt Pieres, FIlEO ANO RECOROE v Comm~sron Exp~res ~ug. 6, 1967 ~'e~~t~'~' E3onded 8y Amencan Suret Co. 0! N. Y. ~~=;~~~,r...:.r~,; ST.R~CORD VERIF EDLA~ r . :,o_+ ' ~ ' 14936`7 ~ ~ ~ , _ '66 QCT 2 0 PM 2 . 5 : ` . _ . I~!',~~G~i~.~~~ • ° ~ ' ROGCR ~~OITP~S . ' c~ERK ciRCUiT coua7 ~ BOOK ~5~ PACE z~8 ~ ~ ~ ~ li - _ - - - - - - - - - ~ ~.~~».,~,~~=k ~ w =~`x`~,' ~ ~ ~LL>'