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Home My WebLink About2725 To pl~c~ ~nd contin~ovtly k~ep on tM bui!d~r?ps now w hereafta s;tuat~ on sa~d land snd oe? all equ~pment ~nd pason+lly covK~d by t~i~ mo~t~ , p~, with all prtmiwM tMrwn p+id in fu14 fin iniuranc~ in the usual uandard potity form, in • sum ~pp~owd by th~ MORiGAGEE. a~d wintbtam iniwu~u in Iht tnwl standard polrcy tonn, in a i~m app?oved by ~hs MORTGAGEE. in such company w tomp+ni~s ~s tM MORTGA(3EE may dir~ttj u~d all fin ~nd windsrorm iotu~antt policies on any of said build~rqs, ~ny interest thereie o? part tM+eof, in IM ~re~~t~ wm ~tor~said o~ in uccNS therwf. thall contain ~M uwal sta+dud mortgage~ clause a iuth other clau~ ss ~M Matpa~ee may ~~qui~~, maYinp tM lou u~d~r ~+~d pdi~ ciN. ~ad~ u+d ~vtry. p+Yabl~ to a+id MORTGAGEE ~s its interest may ~ppsar. and escA ~nd every such policy ihall b~ promptly ~ss:9ned ~nd deliv~~~d to ~ny h~W by ~aid MORiGAGEE u furtl+N s~curity to s+id monya~~ debt, snd, ~o~ I~u th~n ten (10) days in advance of the ~xpir~Yro~ of tach policy, to dr livK to s~id MORTG!?GEE • nnewal tMreo~, to~e~Fwr wi~h a rece~pt fw tha premium of s~ch ~enewal; and th~r~ sh~ll bs no fir~ w winds~am insur~~c~ pl~pd on u~y of taid bui~nps. ~ny interqt 1Mreie? w p+~l thereo(, unless in the form and with IM loss p+yabN ~a ~fwtsaidJ and in tM ~v~nt any tven ' of mon~y becwnea p~Yablt undK such policy w policiss said MORTGAGEE shall Mve ths option ro receive a~d ~pply tM s~m~ on +ccovro of th~ ind~bted~ neu s~cwd h~r~by p 1o pe~mit said MORTGAGORS to ~eceive and use it or any pa~~ ~hereof for o~her purposes, wi~hout thrreb~ waiving a~mpair. : iny ~ny aq~rity, li~n or ?iyht w~der w by virtw of this mortya~e; ~nd in the event ~aid MORTGAGORS shall fw a~y reason iail to keep the a+id pr~mises so ~ insured. w fail M dtlivtr promptly ~ny of ~aid policies ol insuranc~ to said MORTGAGEE, o~ fail promptly to pay fully ~ny promium therefq or in any ~ r~fpM f~il b pNfwrA, d~schuys. ~xetuf~, effM, compl~ts, comply with and abid~ by this covenant, or +nr parr herwf, said MORTGAGEE may p~xe +r+d paY fa wch irawanc~ o~ u?y put thaaof wi~hout waiviep w ~Hectinp aoy optan, lien, equiry. or riyhf.u~d~r a by vi.tw of ~his Nb.~9p~. ~nd the full ~mount of esch ~nd ~vay such p+yment shsll be imrnediatey dw ~nd pay~bls and shall be~r interest irom tM dat~ thereof ~ntil peid ~t tM raN oi nirw per pntum p~r ~nn~m u+d toge~he~ with wch interest shalt be secured by tM 1'~ of this mwty+ge. 1. To p~tmif, oommN w suffa no wuM, knp+irment w deterioration of said property w any part thereof. S. To pay all N+d sLg~lar tM cwts, cF?arpes and expenses, includinp a reaaonable ateorney i fee ar+d cos~s of abstrads of title, incurred or p~id at ~ny tim~ by ssid MORTGAGEE, btcavse o~ in th~ svent of the failure on ~he p+rt of ~he said MORTGAGOR ro duty, promptty fully paform, dixMrq~ •xecvt~, ~ffect, oompt~t~, comply with and abide by ~xh and every the stipvla~ans, agreements, cond~tiau, and cown+nts of uid promissory eate and thi~ mortpap~ any w ~itM~. and said costs, d+~rp~s and ~apenses, each and every. thall b~ immediataly due and p~y~ble: whe~her ot not there kfO r.otK! d~ mand, ~tMmpt to aolkct w wit p~ndinys snd tM full amount of each and wery such paymero shatl bear interat from the date thereof u~til p~id ~t tht rote of nin~ psr centum pa a~num; +nd ~II said cosn, charges and expenses tncurred or paid, toge~her with such inter~st, ih~ll bs secured by the I'~en of thif ^wrb~ Q. iMt in tM ~wat of any bre+ch of this Mortga9e w default on the part of the MORTGAGOR, or (b) in the ~w~t ~~y of ~~d wms of mon~y hent~ r~f~rred ro b~ not promptly and fully p~id within thirty (30) d~ys next afte? the same sevcr~tly becom~ dw ~nd payable, without demand w notic~, or In tM ~wnt ~ad? ud every tM stipulatans, agrecments, condiYans and covensnts of ss~d promiuory note and this mwtpa9e any w e~~he~ u~ ~wl iulY. prompNy ~nd fully pKformed, d~acMrped, exec~ted, effected, completed, complied with and abided by. then in either a any such ewM 11» uid p~ ~ pr~yat~ wm m~ntia+ed in said promiuwy note then ~cmaining unpaid. with inferest accrued. and all money~ secwed. hereby, shall beaome dw and pay~ ~bl~ fwthwith„ Of fFlffNfTM~ at tht option of said MORTGAGEE, as fully and completely as if all of the wid swnt of money were o?gi~ally ttipulated to b~ p~id on such day. ~nythiny in s+~d prom~uory note a in this Matgage to the conrrary notwi~hsundinp; and thereupon a thae~her at tM option of •~id MORTGAGEQ without ~wtic~ or demand, wit ~t law or in equity, thcrefore or Ihereatter begun, may b~ prwecuted u if all morNys satund hKtby Md matw~d priot to i» inttit~tion. Th~t in tA~ w~nt tl?~t at tM b~inning of or at a~y time pending any su~t ~pon this Mortgsge, w to foraclou it, w to rofam It, w to enfora paymtnt of ~ny d~ims Irrevnder, taid MORTGAGEE shall apply ~o the Court hsving jur~:d~aion thereot iw tM appointment of a R«eiver, such CouN sh~ll forthwNh ~ppOint ~ tet~ivM of ta' moriqaped ptoperty all snd singul~r, intlud~ng all and singular the income, profits, iswes ~nd rewnues trom wfiatev~t tourtr dMiwd, each N~d ~v~ry a~whith, it beinp expressly understood, is hereby mwtgaged as if specifically set fath and dewibed 1~ the prantiny ~nd hab~n~um dawes herwf, and wch Rec~iwr sMll have ~U the broad and effect~ve funct~ons and powcrs in anywise entrusted by ~ Cou?t tp a Rec~ivtr, ~nd ~ ~uch ~ppantment ~lull be mad~ by suth Coun ~s +n admitted equity and a matter of absolute righ~ to said MORTGAGEE, and without refere~te to tM ~dp~~cy a in~d~qvacy of rh~ v~lw of the property mortgaged or to tF~e sotvency or insolvency of said MORTGAGOR a the defendants, and that tuch rent~, ptofib, intane, iuws ~nd rwenues shall b~ applied by suth Receiver according to the tien or equity of s+id MORTGAGEE ~nd the practic~ of sutl~ Covrt. 8, To dvly, promptly and fully psrform, diuhsrye, execute, effect, complete, comply with and abide by esch and ~very the stipulations, ag~~nent~, conditbns and oovenanb in aaid promissory note end this mwtgage set fwth. ' 9. That i~ tM evenf the ownership of the nwrtgaged premiscs, a any parl thercof, becomes vested in • per~ otha than the AAORTGAGOR, th~ MORTGAGEE, iri svccesswt and ~ssiyru, m+y, without nofice to the MORTGAOR, deal with :uch successor or sutt~s~w ~n inttrest with r~fer~tKe to thl~ monyap~ and tM debl he~sby secured in the same manne~ as with Mortgago~ w~thow in any way vit~atinp or d~uharyi~g the Mwtqa9ors' li~bility hert under p upon fi~e debt h~reby secured. No s+le of the premises hereby mortgaged and no (abearance on ~he part of the MORTGAGEE or iri suttessors or ~uipra ~nd no exrMSion of the time fw the payment of the debt hereby securcd given by tF~e MORTGAGEE or its succsuon w saign~, afiall op~r+1~ to rNeaf~, discharpe, modify ch~nga or affecf the wig~nal liability of the MORTGAGOR hereie+, either in whole o~ in puf. 10. It it specific~lly apreed flwt time is of the essence of this contract and that no waiver of ~~y oblipstion hereu~der or of tM oblipaYqn se- tvred hN~by shall at any time thereafter be held to be a waiver of the terms Ixreof or of the instrument secu~ed herby. 11. In add~tion to the forego:rg monthly paymems of princ'pal and imerest requ7red by the prom~uory note secured hereby, mortgagor cov~nanb and a9rets to p~y to mortgagee with each monthly payment an add~rional sum esr~mated by mortgagee to be equal to 1/12 of the annval cost of the follow- 'ng: A-All real property tsxes kvied w assessed agains~ the above dexribed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. ~ C-Premiums on suth mortgaqe gwranty insurarce as mortgagee :hall from t~me to time deem fit ro carry on the bao secured hereby. 'I Morty~gee ahall from time tb time notify mortgagor in writing of the amount due and payable hereunder ~nd such sum shal{ thereupon be dw and payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of a ch~nge in such amount. Such sums shali be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortysge gusr~aty insurance prtmiumt. IN WITNESS WHEREOF, tM said MORTGAGOR ha: hereunto set his hand and seal the day and year firtt aforesaid. ' ned, SN and ed tM presence of I ~ri s..n ll~ ~s..q STATE OF FLORIOA ~ couwnr oF S t, Luc i e ~ d~fors rn~ perwnally appesred $8g_L Fi shr~r ~Ld3'3it L. Fisher his wife, to me well known and known to me to b~ the ind'ividwls desuibed in and who executed the foregoir?y instrument, and xknowledged before me that they e:ecuted the same for the purposes ~huein .,cp,.s~d, ,4r,d the .,;a EcLn_8 L Fisher w~fe of tM said R ay L_ Fi she r - , upon + sepsrate and privat~ eaamin~tion by me taken separate ~~d apsrt from her said husband, acknowledged ro snd before me that she executed said ir?~trumeM freely end volun- tarily u~d witho~t ~ny compulsion, constraint, spprehension~ear of w from her said husband. WITNESS my hand and official seal this dsy of A D. 19~ Notary Publ' in and for the State of Florida d lu9e My Commi wn e:pires: Retvrn Ta. firsr fed.ral savinps a lo,n Awoci•t~on ~~Y Public, State of Flolida at Of Fort Plerce. MY Commission Exp;res Au . 196~ Fo.+ P~~«e. Fb.~a. ~,..•.•'~un~~ " iiECORDEO Sonded BY Amman Sure g. 6 ;~`'~,~.:•11! i~ p AND ~Y F 4~ co. ot tv. Y : _ : - fILE ~V ~ U1. ~ = ~ `t .~*'~~G, S7'R~~ORO VERIFIED ; = ~ . ; = t'/ ~ ~ :r-: p' `O -'66 OCt 21 PM 3: 22 . ea _ ' 149389 AS O ~ ~E RO~L-~ ?•O~TR ~ CLERK CIRCUI7 COURT • d` ~ - BOOK15? PA~E 324 _ ~ r - f ~ ~ - ~ + ' ~ = -