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Home My WebLink About2771 To pt~u and contirwouily kNp on ~M b~ildirgs now w htre~fta 4tu~t~ on sa~d land and on ~II equ~pmeM ~nd p~na+ally covH~d by thii matp- p~, w;th pnm;ums thenon pa~d ;n (utl, fir~ insuranc~ the uival itu+da~d policy fam, i~ a ivm approv~d by tM MORTGAGEf. ~nd wind~tam Imwanct b~ tM vswl stu?dard pol~q (onn. in ~ tum ~pproved by tM MORTGAGEE. i~ such tanpsny o~ tomp~niq as ti+~ MORTGACsEE m~y ~~ttJ and all fG~ and windiwnn inivrae~c~ polKies on any of faid buildinps, any iNSr~st therein or pah thaeof, in tM ppre~a~~ wm afp~~aid a In ~xcNf tl~wf, sh+ll contain tM ~swl ~tandud ma~gagee c1~vN a such o~ha clavs~ ~s the Matpagee may requ~n. makinp 1M losf undK u~d poli~ ws, Nch and ~wry. p+Y~~ b ~RTGAGEE ~s its intereit may ~ppea~, u+d e+ch and ~ve~y such policy ~MII be promptly us:yned and delivered to •ny h~W by ~aid MORTGAGEE as furtMr secwity to said ~*wr!9ag~ debt, and, ~ot less than ten i10) days in sdvanc~ of tM e:piration of ~ach poticy, ro dr IivN to ~+W MORTGAGEE ~ ~tMwal thereof, ~opetFwr with ~ receipt ia ~he premium of such renewal; and ther~ shall b~ no fir~ a windstam inwru~c~ pl~ad on ~ny of ~aid buildinps, any interest theroin w pa?t thereof, unleu in tM form and with the lou paysbk as afor~aid: ~nd in tIK ~wnt ~ny wm of ~an~y b~can~s paysbl~ w+Ja such policy a policiss ~aid MORTGAGEE shall hsw ~he option to receive and spply the same on +ccovnt of th~ ind~bted- ~~w~ F~~py p p permit said MORTGAGOkS to receivs and il o? any part the:eof for othcr purposes, without Ihereb/ waiving or ~mpair- ti inp any puiry, li~n or ~ght unde~ w by virtw of this mo::pa9s; and in tM evcnt ia~d MORTGAGORS shall (a any teason fsil to keep the u~d premi+es w' Mwnd, w fall w deliwr pomptly ~ny of s~id pol~ties of insu~arx~ ro said MORTGAGEE, a fail promptly to pay fully ~ny premium li+srsfw or in ~ny t ntpat fail w pafam, disch+rg~. ~xecvt~. ~ffect. complate. compt~ wi~h u~d +bide by th~s covenant, or ae?y pan harwf, ssid MORTGAGEE m+y pl+ce +nd ; paY fw wch inwranc~ a any put th~reof wi~hout waivinp w affactirg ~ny optcon, lien, equity, o~ ipht under a by vinw of this Matysp~, and the ~ full a~no~nt of ~ach and ~wry wch p~yment shall be immediately dw snd pyabl~ and chall bea~ interest from tM dat~ thercof until paid ~i th~ rat~ of ; nin~ p~r cMtum pN ~nnum and toyethe~ with such inte+esr ihall be secured by the lien of this mwt~a~e. : 4. To pKmit, commit w iuffer no wut~, knpairme~t w de~erior~tan of uid property w any part thcreof. ~ S. To pay all ~nd sirpula tM co~n, chupea ~nd expe~ses, includ~np a reaaoniWe attaney i fee and cost~ of ab~tracts of titls, incvrred a paid ~t ~ny tien~ by s~id MORTGAGEE, bet~use w in the went of the fail~re on the part of the said MORTGAGOR ro duly, promptly +nd fv11y pe~{orm, discharp~ ~x~tvt~, dfecf, oomplete, aomply w~th and ab~de by exh a~d evcry the stipula~icns, agreements, conditions, and coven~nts of said prom~ssory noq and ~Au mortpap~ u?y or eitFN+. ~nd said costs, charges ~nd exper?ses. each +nd every. sh~11 be immediately due and payable: whether w not ther~ b~ notice dr , m~nd, ~H~mpf fo colkct w wi1 p~ndi~gj ~nd the full amouM of eacA ~nd every such paymem shall bear intsrest from the date ihereof until p~id a1 tht ~ ru~ of ein~ pe~ ctntum per uu~um: and all s+id costs, charges ~nd cxpenses incurred w paid. ~ogether w~~h iuch inter~at. shall be secvred by tM lit~ oi Ma ~ '^°rlpay~. - ~ b. TAat in th~ ~vent of any breach of this Mortgspe or defauU on tM part of the MORTGAGOR, or (b) in the ~vent any of s~id swnt of ~aney MrNn nfKr~d to be not p~omptly ~nd fvlly pa~d wi~hin thirty (30~ days nex~ after the same severally become due and payable, withoul d~m~nd w notiu, w W In tM ~wnt ~ath and ~very the stip~rlations, sgreements, cond~tions a~d covcnsnts of s~~d promiuory note and th~s mortya~e any or either ar~ nol ~uly, pranptly ~nd fully pNformed, d~uMrged, executed, effected, compkted, compl~ed w~th snd ab+ded by, then in either w any such ~wm tIN s+id ap~ prpat~ sum m~ntior~ed in said promissoty note the~ r~maininy unpaid, witk interest uuusd, and atl moneys secvrsd hcreby, shsll become dw aod pap abl~ forfhwitl~, a thertafiK, at tM optior? of said MORTGAGEE, ai futly ~nd campletety as ii all of fhe said wms of mooey were oripi~+lly stipulated fo be paid on :uch dsy. anythley in said promiuwy note w in this Mortgsge to the contr~ry notwithsundi~g: snd thereupon w thereafter at the option of t uid MORTGAGEE. witlw~t notia a dem~nd, wit ~t law or in equiry, therefwe a thereafter begun, en~y b~ prwecut~d as if all montys Ncurd ~+a?~by i h~d m~tvr~d priOt fo iri irutitution. 7. TMt in tM went th~t ~t the beginn:ng of or ~t ~ny time pe~ding sny su~t vpon this Mortgage, o? to forsclou h, o? to reform it, or to enfaa p~yment of any daims herwnder, s~id MORTGAGEE shslt apply to the Court having jurisdiction thereot for tM appo~Mment of a Receiver, such Cant shall (wihwhh ~ppolnf a nceivN of sai~ mortpaped pr all and singular, includ~ng all and singulsr the income, p?ofits, issues ~nd revenues from wfist~v~r wuru dNived. ~ath ~nd ~vlry o# which, it beinp~euly understood, is hereby mortgaged as if spccifically tet forth aod deKribed in Ihi prantinp and h~b~e?dum clausts hereof, a+d wch ReceivK shall ha e all tlx brwd and efiective funct~ons and powers in anywise entrusted by a Co~N t9 a Receiv~r. ~nd futh ~ppolntm~nt sha~l b~ m~d~ by suth Court as,~n s~lmitted equity and a rt~tter of absolute rght to said MORTGAGEE, ~nd without rtferenc~ to iM i ~d~q~scy w insdequacy of tM value of the property mo~tgaged or to the wivency or insotvency of said MORTGAGOR or ihe defer?d~nn, u~d that such ; r~nn, profits, incort», issues and nvenues shall be applied by such Receiver accord~ng to ths lien a puity of said MORTGAGEE and the practiu of ~uch • i COUA. 8. To duly, promptly and fully perform, diuharge, execute, effect, complete, comply with and abide by each ~nd svery the stipulatioes„ ~yrtsm~nri, conditioru aod covenants in s~id promiswry note +nd lhis mortgage set forth. 9. That tn ths event the owr?enhip of the mortg~ged premises, or any part thercof, becomes vested in • penore other than the MORTGAGOR, th~ MORTGAGEE, Iri succtuwt and ~ssi9ra, may, witho~t notice to the MORTGAOR, deal with such sucussa w wtcessw in interest with reference to this mon9ay~ ~nd ths debt hereby secured in the ssme manner ai with Nbrtgaga without in a~y way vif~atirg a d~xharying the Mwty~gws' liabiliry hsr? under w upon tM debt hereby secured_ No sale of the prem~ses hereby mortgaged and no forbe+rance on ~he part of rM 1NORTGAGEE o~ it~ wccesson oi assiyro and no eztension of the time for the payment of the deb~ hereby secured given by the AhORTGAGEE w its iucceuors w usi9ns, slwll oper+ts fo rde~se, discharye, nwdify th~nge w affett the wginal liabifiry of the MORTGAGOR hcrei~, eithe~ in whok w in part. 10. It ts specifically ~yreed that time a of the csxnce of this contract and that no weiver of any obligation herevnder or of ths oblip~tion s~- cvr~d Mreby shall ~t any time thereahar be held to be a waiver of the terms hereof a of the instrumem iecured herby. 11. In sdd~tio.~ to the forego:ng monthly payments of princ'pal and inferest required by the promissory note secured hereby, mortysgor tovtnanb and ~grees to p~y to mortgsgee with each monthly payment an add~rional sum estimated by mortgagee to be equsl to 1/12 of the annusl tost of the follow- . A-All real property tsxes kvied or assessed against the above described real estate. b-P~smiums on fin ~nd windstorm insurance as herein requ:red to be carried on the improv~~ts situate on the ~bove desuibed premises. C-Premiums on such mortgage guaranty insursr~ce as mwtgagee shall from t:me to time deem fit to carry on the loan secured hereby. Morty~gee ihall from time tq~ time noti(y mortgagor in writ~ng of the amount due and payabte hereunder ~nd such sum shaU thereupon be due and i payable on N~e due date of the ne~t monthly payment and each successive month thereaiter ur,til mortgagee shall notify mortgager of s change in such amou~f. Such wms sh+ll be spplied by mort9sgee loward the paymeM qf reat property taxes, insurance prem:ums, and mortgaye guar~nty inwrante I prNniu~nt. ~ IN WITNESS WHEREOF, th~ s+id MORTGAGOR has hereunto set his hand and seal the day and ye~r fint ~fwesaid. n~d. I~d and dt ' ed in presence of: d a4 / +b n n 7E OF FIORIDA ~ St. Lucie " courm oF _ Befwe me pertonally ~ppeared G. B. Walters and Allieee Walters, his wife Nedrick Dodd and Mamie Dodd. his arife his wife, ro w~u k~, a~,a to ~~o b. - the individwb described in and who executed the for ng instrument, and stknowledged befor me that they ex ed the same for he purposes ~,eM ex~.~a, a„d rn.,,;, Alliece Wa~lters, ~ife of the sa~d G. B I~atlters, anc~ Mamie Dodd. wife of the aeid Nedrick Dodd a,~,,.,e,~,d P,;,,.,. examinaY~oe by me take~ sepsnte and apart fDom1(~eiAsaid husbands acicnowledged ro snd before me that ~herexec~ted said instrumeM freely and volur~ t~rily and without ae?y compulsion, constrain/t, apprehension, or fea of or fromThef,(~sid husbands ~ WITNESS my hsnd and official seal 1F~i day of 0 c tob e r q, D. 19 66 / - ; tary Public in and for the State of Florida ~t larps i My Commiu'an enpires: ; Retum Ta I~Mt~ry Pllbt'K. Sb!! O~ FlOfidi at iarq! Fint F.d...i s~~~. a~~«~~t~ _~~v M~r Casmissioa E:pira Se't. 23. 1969 Of Fort P~erce. F- ~ r..rw h w...K.+ a c....t„ co. Fort Pierte. F:orida ' J. ~ . ` ~ Ti~ED i N R : . . ~ ~ ~ ~ S R V ~ E CO E~~RpEO ' ~ - : _ : , E~ORD'.~NT1'. F~,4. { , : ~ RJF?~~ ~ ~66 ~ I r . _ , pCT Z y ' _ F 1~~. ~ 494 ' y3 ~ i:o;,~a f.~~ 23 ~ B~lOK15~ PA~E ~~0 - ~RK C~R~Ulj ~ ~RT ' _ ~ ~ v - - - - - - - ~~b,~, ~ ~ _