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Home My WebLink About0014 3. to pt~ ~+d cauinva+th ~~9 ~ tht 6ui:dvys now w hs.~afror w~w~~ an ia~6 ~and ~+d on ~II equi~newt ~nd pawra~ly cc~ve~~d L1f thi~ morq~ , *y~. w~th ~11 p~miwnt ~Mrwe pr-d in f~q, IKe ini.r~nc~ ~n ~i.. uwal sunda•d po1Ky fa~n. in • swn approwd bY rh~ MORiGAGEE. ~+~d w:nd~tww~ ~nr..~ in th~ wwl uandard pol~cy fa~n, in s w.n ap~,•o•.~d by +he M;,StTGAGEE. in sucl~ companY w oor^~+~.~s as tM MOtTGAGEE eMy o:recr, ~nd ~II firs and wi~~ ~~~.uv+cr paic~ss on a~Y oi iaid build~nqs. c.~r intar~fi the~eu+ or p~t thsre~i, in :M ~rep~~~ wT ~fortsad w ~n ~xtess ~he~~of, sFull contain tM wu~l u~ndud mor?9,,9~+ c;iua~ a~uch o~ha c~aus~ ai ~he Ma~yage~ m~/ rpu::~, ma4np ~iw ?oss w+~f~ ~a~d pot~ c~e~, each ~nd ~vKl?. wr.ba a s+d MC~RtG~?GEE as ~h in~rres~ may ~ppeu. ~r.d sach and evr.y such po~~cy ~N b~ prompHy auq~ed u~ dNir~?ed to ~ny Mld by s~id MORiGAGEE ~s fu~~Aa secvrity K+ s~~d may~qe daW. and. not teu ~lun ~e~ l10) d~ys in a~~u:~ of tM s:W.ar~or? ot sach Fotxy. ro d~ I~vsr to uid MOR!GAGEf • renewsl tl+~reof. to~rha wi:h ~ rece~pt fw ~he premiwn cf wcA re~ewal; and ~Ixr~ shalt be no fu~ a•~inds~am in~wanc~ pteced on a~y of aid b~ildu~ps, ~ny R?tNNf tIllffin or part t1?ereuf, unleu in ~he fam ~n~ wi~b ~FN loss payaW~ as a(o.esa:d. ~nd in tFw ~w^t any swn oi mon~y becwn~a p~YSbl~ w~der svth po~icy or Pel~ci~s s+id MnRTGAGEE sha~l haw ~Fa OPtiOn 10 fKCiv! aally fA! N~M Jf1 KCOY~11 OI (Iff NdlEld~ ne~s s~tvtld Mt~by w ~O p:'e?it faid MORTGAGORS lo rKeiw a++d ui~ it a any pa+t tAertof ta other pu~pous, w;~houl t4t~cb~ wtiv~~~ O~ ~n~pa'a- ~~.y anY p~iry. li~n or r'qh1 w+d~r or by virtw of Ihis mors9~e: sad in tM ~ve+~t u~d MORTGAGORS shall (or ~ny reaaon (ail to keep tF?~ sa~d pramucs so ;nsvrcd, or f~it fo d~liver pranplly u~y of said pol~cies of insu.~~c~ ~o sacd MORTGAGEE, w fail prompNy ro pay fvlly ~ny prtmium thetefOr w ie? rsipect fall b pNfpn~, d~ichary~. taecut~, ~ffeu, comp~e~e, comply wi~h ~nd ab~de by this covenan4 w enY P+r~ herwf, sa~d MORTGAGEE :n+y p~+ce +nd peY (a wch inswanc~ a ~ny p+.t thereof wirhout w+iving or ~ifernnq any opt~«~. litn, eqv~ty. w rigM vndN a by vi.tw oi ~his Mw~gsy~. u+d the f~~1 amar?i of each ~nd ewry wch p+yme~+t shall M irnrnediately due ~nd pa~able ~c?d shall ~ear interest from tM dat~ thersuf ~?ntii pa~d N th~ raN of n;n* pN c~n~:rm pe~ aruwm and tapethe? with such interes~ sMll be secured by the lien of tha moctysyt- 1. To ps~nh, comnut or s~ft~. na wast~. impairment n~ detcraraGon Qi s~~d proac.ty a any part ths~eof. S. To Fay ~!1 u~d sinp~lar tM cotb. charyea and ea~xnses, u+clwlinp a r~aso,•,able attunry's fee snd costt of abstracts of titte, ir.c~rred a paid at any r~me by said MORTGAGEE, beuuse w i~ the eve~~ of the fa~lwe on the par~ of tha said MORTGAGOR to dvly. prompUY +nd fir~~Y Pafw~+n, d:scha~g~. . exewfs, ~ffect, cumptett, complY w~th and ab~de oy e~ch ar?d every ~he ~?ipulafrons, agree~r+en~a. condn~ons, and co•.~enann of sa~d p~om~ssery ~ote u~d ~hi~ mongp~ anr Or ~ithN. and faid tosh. cMrQes u+d expenses. each and e.ery, shall be immed~atety a~e rnd psy~ble: whethe~ a not there b~ ratic~ dr msnd. att~mpt to colbct or wh pa+d~ngt +nd ths ivll amouM of esch and rrcry such payrr~n+ shall te~. inferesr from tAe dat~ thereof untit paid H tM rere of nin~ pe~ centum pa an~um; and all said cosrs, .harges and expenxs incurred or paid. together vrah tuch iruerest, ~f~all be secured by tM tian of tiw mcrty~. b. Th~t in the evenf of any brewl~ of this Mortgsye a default on tM part of the MORTGAGOR, a(b) in tns event any of fsid sw~s of money he~ein nf~n~d to b~ oof pra~?ptly and fully p~id wi~hin therfy (30) d~ys nex~ afre. ~he same s~.era~ly beca~w dve +~d P+yrble. wilhOUt dlrtNnd W r10fiCf. or (c) in tM ~w~t ~ach ar?d ewry the stipvlat~ons, ~greemsnt~. cond~t~a~s a~d co~eeam: of sa~ p~omisso.y note and ~Fus mort~o any a eitF+sr ~r~ ea1 ~uly, prompNy u~d fully pKform~d, d~sci+arped, i%KY~ld. effected, compteted. compl~ed w~th and ~b~ded b~. then in eilhe~ a ~ny iuch ~w++t th~ a~id flregate wen m~n~ion~d in wid promiuo~} ~ote then rcmaining unpa~d, wi~h inrerest accrued. and alI mo~ey setu~ed. hereby. ihall beco~n~ dw .~+d ar ebt• forthwitA, a 1Fatssh~r. ~t tM option of said MORTGAGEE, u fully and completely as ii all of the said swna of monty ~were orgin~lly st7pvlate: ro be paid on such day. snythirp in sa~d promissory note w in this Mortysge to the contrary noniv~~M~a~xl~np: and tMsrsupon or theresSter at ths option of seld MORTCaAGEE. witiwi?f notit~ a d~mand. suit af I~w w in equiry, thcrefote or thereafre~ begvn, may bt Wosecuted +s if sll mon~ys s~cuted IM+~by hed matured priof 10 its irolitution. Th~t in tht event th~t st the beg'r..nirg of or st ~ny time pend:ng ~ny auit upon this Matgage, or to forabst it, w a reform h, w W~nf :ro~ payment of any d~ims Mrew~der, said MORTGAGEE shail appty _ to the Cou.~ having jurixl~crion thereof fa tM appointment of • RKtiVlt• wch Coun sMII forthwith appoint a reccivN of si mortp~ged ptope~ty all snd singular, enclud~ng aII and singular th~ ~ncor:e. profita, iuves and rewnues fran wMtevK source deriwd. ~ath ~nd ~wry o~wFi~ch, it beinp ex~essly u~stood. is hereby mwtgaged as if speuliully set lwtA and dewibed in the qrantieg ~nd haixndum dav~es hereof, ~e~d suth Rettiv~r shali have all the broad and ef(ective funct~ons and povrers in aoyw~se entrus~ed by ~ Caurt tq a Reteirer, ~rtd -uch appointrr~eM shall b~ made by wd+ Court as sn ~dmittcd equity a~x; a r-+a:ta of absolute rigM to said MORTGAGEE, ~nd without relerenc~ to tM adeqvacy or inad~qu+iy aE the wl~e of the property m~xt~aged or to tF.e wevency w i~solvency of said MORiGAGOR a 1he defendants, and that svch renrs, profin, income, istues ~nd ~eve~ues shail be app:ied by such Receive. accading ~o rhe lien or eqviq of said MORTGAGEE ~nd fhs pr~ctiu of such Court. 8_ To duly, promptly ~nd fully p~rform, d+uhsrge, execute, effecr, complere, comply w~ih and abide by exh and werlr the stip~?Iaticw?s„ ay~tement~, cor.ditions ~nd coven~nb in said prombsory note and thia matgage xt forth. ~ 9. Th~t in tM eveot the ownership of the mwtgaged premises, a any pa~t thereaf, hccomes vested in a person oth~r tl~n ihe 1NORTGAGOR, th h~ORTGAGEE, its sucusson and ass~yiu, m+y, withov~ noNce to the MORTGAOR, deal wi~h such successw a wccessw in imacst wi~h refx~nce to fhis mortgag0 ~nf~ t~ debt hereby ucured in ths same m~nner as wiih Mortgago~ w~thovt in sny way vitialing o~ dixha~g'u~g the Mw~pagws' liability her~- under or upon tM debt hereby secured_ No sale of tha premixs hertby mwtgaged and no fwbearante on the parl of tne JA02TGAGEE w in wttesson or etsigns ~nd no exrens~a+ of the tune fw the payment of the dcb~ hereby s«ured g~ven by the MORTGAGEE w irs succeuors er suigm, ,ha~l operat~ ro ielease, disthu~e, natlify tharqe or effett the uiginal liability of the MORTGAGOR h.erein, either in whole or in put. l0. If is soecifitally agreed that Yune is of the essence of this contract and tFut nq waiver of any ob~~~atan hereunder or af tM obliy~tion se- c.,red hercby siNEI +t any time thercaftr. t.: F~rld 1o be c waiver of the terma Fureof w of the iristrwnent secured herby. 11. In a~dition to the iwego:ng monthly oayments of princ"pal and ins~rest required by tFx promisswy no!e secured hereby, mortgsgor tCwMntt and agrees to p~y to mortgagee with each mc+tiol+ty pavrnem an addirional aum est~ma~ed by mortgagee to be eqval to 1; 12 of the annusl cost of the fdlow- Ing: A-AIf real property taxes levied or asussed aga~~st iF+c above dcscribed real estare. _ B-Premi~ms on fire and wir.ds4wm ins~ra~ce as herei~ requ~red to be carried c~ the improvemenri sitvate on the above dcscribed ptemises. C-Premiums on such mongege gwrsnty insurar~ce as mwtgsgee shall from t:me to li.rw deem fit to urry on the tosn secured herebY. Mort9~gee shall from time to time notify mortgagor in writing of the amou~t due and paysbl- hercunder and s+xh sum shall tine~eupon be dve and ;avab!e on the due d~te of the next monthly peyment ar.d each s~ccessive month thereaftM ur.ti7 mortgagee shalt notify mortgagor of s chsnge in such ~ a-o~nt. Such sums shsll be applied by mortgagee toward the payment of rEal property taxes, inw~ance prem:ums, and mwtgage guannfy insw~nce premium3. IN WITNESS WHEREOf; tM ssid MORTGAGOR has hereun~o xt his har.d and seal the day and fira afor , ^ Sipn~d. Sta and ed in tht presence of: i . n ; ~ ~ rc..q t - ~ STATE OF FLORIDA 55. ~ cour~n oF St I~ucie Befora me penon+lly appe~red a r~ i 1 F ~~+6 8 C O t t a^d V,9 rn i C e PY'B 4 C O t t his wiie, to me wcll known and known to me to b~ !ne ind~v'~dwls described in snd v~.!w executed the fwegoing instrwnent, and acknowledged before me that they executed the iame fw the purpw~s ~ (F?Cff~:fl e~.~d. n~ r~.,~• Verr.ice Prescott ,~~fe of tFw said Cecil E. Prescott_ a seps.ate snd pi~vst~ e.~am~ration by me bktn sep~nte and spart from her uid huaband, adcnowleAged :o snd befwe me that sl~e executed ssid i~strument freely sr?d volvn- , ta~iiy a:.d withouf ~oy compulsion, ccnstraint, apprchension,.~r fear of or from her said husband. ~ r~ l` da A. D. 19 W{TNESS my h~nd ind officisl seal this r~~ y of Natary Pub in and fot the Sule of F{oridi st larpe My Comm ion expires: ~ Retvm Ta. - ' ' ~ Pint Faleral Savirgs L loan Associstion Notary PubfiC, stale ot flo-ida at i.e?ge ~ Of Fnrt P~erce. . :tr P.1y Comm°is o:? tY~:~res Aug. 6 1967 ~ Fon P--ce. F~,~.cds . ~ •J dc~de~d By nm~r:; an Surely :.o, ot N, Y. • ' : ~r~ ~ ~ ? r ST ~UCANO RECORpEp ~ ~ ~ " ~ . _ _ f,-.,~.,F~ QUNTY, F~A. ~ ~ :r;_ '~'=l~i{F`Ep _ ~ ~ ~ , ° B6 OCT . ~ ~ _ _ , . 3I ~,r1 I .13. ~ . , . 9S65 ~ - C~ : . J ~ 0 R 1~ PACE ~R:C C'~?~r.1rT C~J,t ~ :."'~S' ~ ~ ; 600K r . . ~ ~ - _ _ _ _ r--- ~ ~ ~ _ _ - z~ ~ ~ r~, ~ - ~ ~ ~ ~ _ ~ _ ' - a~"' ~ ~ _ .Y r~ ~ ~ ~ . < _