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Home My WebLink About2991 To plaa and comin~ouily kNp on tM build~~?ps now w hsreafta u~wt~ on ia~d land u+d on a~l equlpma~t ~nd pawn+lly cowrd by this mwt¢ p~, with a11 pr~miuma tlwson p+id in full, fir~ insuunc~ in ~hs usw: sundard po?:q fa~n. in • sum approwd by tM MORTGAGEE, ae+d w~nd~~an~ tnwr~ce in tM wwl ~uedard pol~cy fam, in • wm ~pproved by ~he MORTGAGEE, in such companr o~ comP+niK a tl+~ MORTGAGEE may duKtJ ~nd ~II fir~ ~nd windsrorm insw~no~ polic~es on sny oi s~id buildinps, any inlarest tlxrein o~ part tlkreof, in tht +ppreyN~ wm ~fats~id w In ~xtea IMrwf, ~MII contain tM uiwl tt~ndud matgage~ clau~ o~ such o~ha clause +s IM Morfgages may rpuin. ~naAinp IM loss u~de~ sa~d pdF chs, ~ach and ~wry, pay~bl~ ro s~id MORTGAGEE as ~ts interest may ~ppear. and each ~nd eve?y ~vch poi~cy sh~ll b~ promptlY su:~n~d ~nd dN~wred ~o any Mld by said MORTGAGEE ~s further secv~iry to aid matps9e debt, and, ~a lesi tMn ten (10) days in advance of tM ~:pir~tion of ~sch policy, ro dr liva ro aid MORTGAGEE a renewal thereof, ropetMr wi~h a rece~pt for the p~emium of such re~ewai; ~nd there ~hail be no f~re or windstorm insuranc~ pl~pd on u~y of said b~ildirg~. ~ny intere~t thsrei~ o~ put fhereof, vnless in the fo?m and with the lou psyabl~ as ~fw~said: ~nd i~ th~ ~vent any wm of ~nwNy becomq payabl~ undK wd+ policy or policies said MORTGAGEE shsll have tM opt~on to reccive and ~pply the s+rrk on account of tM indebted~ rKU s~cvr~d fiN~by a M pKmit s~id MORTGAGORS to reteiw and u~e h a any part tl?eraof for other putposts. witfw~t ~ha.eb/ waiving w ~mpair- Inp any pvity, li~n or ri9ht ~~+der or by virtw of this mortyape; a~d in tFa evero ~e~d MORTGAGORS ~hsll for sny reason tail ro keep the said pr~mises so insur~d, a f~i) b dtlivar promplly ~ny of said policie~ of i~svrancs to said MORTGAGEE, or fail promptly to p+y fully any premium thereior or ie +~Y r~tp~ct fail ro p~rfanb dischar9s, ~xecuts, ~ff~ct, compkte, comply wirh snd sbid~ by th7s covenant, o~ any pa+t hereof. said MORTGAGEE m~y p~+ce +nd p+y for suth irqvrant~ w ~ny part thereof withouf w~iving or affectinp aoy option, lien, equity, a rigM undK or by virtue of this Matgsp~, and the ~ full artaunt of ~ach ~nd wNy ~uch payment shall b~ irMnediately dw a~+d payable ~~d ihall bear i~terest from tM dat~ tFKreof until paid at tht rat~ of nirk p~r centum par a~num and togetAer with iuch inte.at shall be secured by tlw lien of th~s mo?t9sye. 4. To p~?mit, canmit or wfftr no wut~, imp~irment w dcterioration of said p?operty or ~ny part thereof. S. To pay all snd sinp~lar tM cwb, charges ~nd expenses, includiny a ~e+sonable attwney i fee and costs of abstrads of title, incurred or p~id ~t any time by said MORTGAGEE, beca~se w ie? th~ event of the failurs on the p+h of the ssid MORTGAGOR ro duly, p?omptly +nd fully perform, discha~yR •xecut~, tffect, compltte, comply with and ~b~de by exh u~d every the stipulations, agreements, conditions, and covenants of uid promissory note and this mat~ye any or ei~her, artd said costs, thar~es ~nd expenses, cach and every, shall be immediatety due and p+y+ble; whether w not tF+ere be r.otice d~ mand, ~ttempt to tollKt or wil p~ndingt and 1he full ~mount of eath and evcry such p~yment shall bear interest from the dHe thereof until p~id ~t tl+~ rote of nin~ pe~ ccntum per an~wm; and all said costs, charges snd expenses incurred or paid, togetlxr with s~th inter~st, ihall b~ sea+red by th~ lisn of tha ^~ortpap~• 6. That (a) in tM ~vent of any breach of this Mwtgaye or defa~lt on the part of the MORTGAGOR, a(b) in the event ~ny of ss~d s~ms of mon~y henin nferr~d to be ~ot ptomptly and fully paid withir thirry (30) days next aftrr the same severatly betome due •nd payable, without dsm~nd o? ~otite, ; or In the w~nt ~+ch and every the stipvlations, agraemcnn, conditions and covenants of s~~d promissory note and th~i mortga~e +nY w e~ths? are no1 i ~~ly, promptly ar~d fulty pxfamed, dischsrg_d, executed, effected, compkted, complied with and ab~ded by, then in either w ~ny iuch wsnt th~ said ap~ yre~~t~ wm mtntionad i~ uid promiswry note then remai~iny unp~id. with iNerest acuued, and all moneys setwed. hereby. iMll bec+ome dw and p~y- abl~ torthwitly w thereaft~+, at ths option oi isid MORTGAGEE, ~s fvlly and complNely as it all of ~he wid sumt of money were ori~in~tly sttpviated ro b~ p+id on such day, an~rthlnp 1n said promissory note w in this Mortgage to the co~trary notwithst~ndinp: and thereupon a thereafter at tl?e option of ~sid MORTW?GEE, without notic~ or dem+nd, wit at I~w or in equity, therefore or thereafter begun, may be prosecuted as if alt moneys saa,r.d her•by had marund priw ro ~n insritutan. 7. That In tM event that at the beginnirg of or ~t any time panding any wit upon this Mortgsye, or to faeclos~ it, or to reform iL or to enfwq paYment of a~y daims h~revnder, said MORTGAGEE shall apply to the Court having jurisdrction tl+ereol fw tM appointment of ~.R~teiver. such Court sh~ll ~ Fwthwith appoint ~ rcceivtr of sai~ mwtgped property att and singulsr, includmg all and singulsr the incoms, profits, iuws and ~evenues from what~vtr touru derived, ~ath and twry o# whith, it beinp txpressty understood, is hereby mortgaged as if specitically set forth and described in the prantinp and nab~ndum daw~s Mreof, ~nd wch Receiver shall Mve ~II the b~oad and effective funct~ons and powers in anywiu entrusted by • Court ty ~ ReceivK, ~nd wch sppointm~nf shall b~ mad~ by such Court ~s an admined eqvity snd a maner of absolu~e ri9ht to said MORTGAGEE, and without referenc~ ro tFN__ adeq~~cy q inad~qwq of the wlve of the properry mortgaged or to the wcvency or insolvency of asid MORTGAGOR or ths defendanta, and that such ren», profiri, incwne, issuet and reve~ues ahall be applied by such Receiver acco?ding to the lien or equity of said MORTGAGEE u~d the practiu of such ~ Coulf. 8. To duly, promptly ~nd fully parfwm, discharge, execute, effect, complete, comply wlth and sbide by ~ad~ and every fhe stipulation~,~ayr~nb, conditans u~d eovenants in aid promiuory note a~d this mortgage sei fwth. ' ~ 9. That tn tM event the ownership of the mortgaged prem~ses, w any part thereof, becomes vested in a ptraon other th~n tl+e MORTGAGOR, tM ~ MORTGAGEE, its wt~euors and ~ssipns, may, wirhour norice to the MORTGAOR, deal with :uch sutcessor or ~uccessw in interesf with reftrente to thi~ _ mortyaQe ~nd the debt hereby secur~d in the same manner as with Mortgagor without in any way vitiatinp or diuharging the Mottya9ots' liability her? ? under w upon fhs debt hereby secured. No ssle of the premises hereby mortgaged and no forbea~ance on the part of tM MORTGAGEE a iri tuccesson or ~uipnt and no ~xtension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its s~ccesson u usigro, stull operat~ ro r~k~se, disthatp~, rnodify tAsnge o? affect the orgir?al liability of the MORiGAGOR herein, either in whole or in part. 10. It is specificslly apreed that time is of the esse:~ce of this contract a~d that no waiver of ~ny obligation hereunder w of tFn oblipation s? cur~d hKeby ahall at any tim~ thereafter be held to be a waiver oi the terma F~ereof w of the instrument secured hcrby. 11. In addition to fhe forego:ng monthly payments of p~in~ pal and interest required by the promtuory note secvred hereb/, mortgagor toven~nts and a~rees to p~y to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equsl to 1/12 of the ar.nual cost of the follow- ~^9~ A-All real property taxes levied or assessed against the above described real estate. 6-Pramiums on fire and windstorm insurance as herein requ~red to be carried on the improvemenrt situate on the above described p?emises. ~ C-Premiums on wch mortgsg~ ywranty inwnrce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. Mwt9~9ee shall fran time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be dve snd I paysble on the due date of the next monthly payment and each successive month thereafter urtil mortqagee shall notify mortgagor of -a cha~ge in iuch emount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guar~nly insurance premiumt. I ITNESS WH EA~ the s+id MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. , ~d, S~abd nd ivered in tM presence of: ~ ~ •n •n / - ~ry STATE OF FLORIDA ~ S5. courm of S t Lt~c i e Before me personslly sppeared Albert E Riggle .~,d He le n G. Ri ggl e his wife, to me well known and known to me to bs the individwls described in and who executed tlx foregoing instrument, and acknowledged befwe me that they executed the same fw tF?e purposes therein eapressed. And the asid Helen G Riq,gle w~te of the wid Albert L''. Riagle - ~p«, s separate ~nd pirvats examinstion by me taken sep+rate snd apart from her said husband, acknowledged to and befwe me that she exetuted said irtstrument freely and voluo- terily and withovt anr compulian, constrsint, apprehensi w fear of w from he ' husband. WRNESS my Mnd +nd offici~l seal thi¦ Z 1~+- - day of ~0.• 4: ~)9..~~ • ` . ~ • . Notary Public in snd for the StaA>f flq~ir~`ltl -pi':~'• My Commission eapires: ~ r~~ ~ V - Re'"'" T°' f IlEO ANO R CO D~, _ Fint Federal Savirgs a ~o.~ ~,«~a~~«, ST. LUCIE CO NTY lA. - Of Fort P~erca RF (,`O~D V ED NOTP.RY PUBUC. STATE bf FLOitIDA et~LARGE' Fort Pierce, FI«~ds e~~-,~ MY COhIMISSION EXPiRES .APR. 24. 198} ~ ~ ~ ~ ~ i ~ ~ '66 OCT 28 PM 3: 21 `~~~l~,:.. ~ 1495~0 rO~Cr i•OITRAS CLERK CIRCUIT COURT gooK15~ PACE 590 G - rri~i-~ .s•. .--La _ - _ " - .x:.,zy.,,..,;-.~ ~ r - - -