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Home My WebLink About1729 . • • - i ' i 3. To pl~c~ and coni~nwusly ksea on ~!x kw~',~2~~,gs now o~ hsr~ai~s. sirwt~ on iaid land ~nd on ~U eqvipnwwl a~d pKSOM~hI cova~d bY th~s rnap' age. wi~h ~11 prlmi.rms therean pa~d i~ fvil, fne i~surance ~n the usual sundard potity fonn, in a t:Hn approved by tM MC)RiGAGEE. u~d wind~tonw ~nsvronce in ~f+~ vs.,al s~andud pol.cy fam, in • sun~ appro+rd Ey tha 1NORTGAGEE. in. wcl~ ca+npa+Y w co^~P+~'a ~s N~ MORTGAGEE nwy d~~ccr, and all fir~ and w~ndswrm ~nsu~a~ce pa:c~rs on any of said bv~!tJc++9L ~nY i~11QNlt 1hM~iA W Q~?f tAftW~, i~ :M +p~~9+n swn ~for~s+id a fn -xceu ~hereo'. ~+U conain tM usual uandard ~+w+rg~~ee clause w`such otha daus~ ~s tM Mat9age~ may reqv~n. ~~q t~ ~ s+d po1i~ ;:es, each ~nd evay. WYabie to said MORiGAGEE as ~n iniarest rr?ay ~ppea~, ud each and ~vesy svd? Pe~iq sFull bt prompNy u~.yned and deiivt:d W en~ held by said MC~RTGAGEE as fu~~her security eo se~d mwega9a deia4 and. ~at leu than ten 110I days in adwnca of ~he eapi~at~on of each policy. to d~ I;.er ~o said MORTGAGEE • tetxwal thcrcof, ~oge~her w~~h a rece~p~ fw the prem+wn of sud+ ~eeew+:; ~~d ~he~e sh+ll b~ no t'u~ o~ viri^di~am inswa~+c~ p~~ced on u~y of said build'ugs. any interest therein or par~ thereoi, v~Icu in the form and with tM loss paYabl~ u ~tor~s~~d: and in tM ~we1 u+y swe ot mon~y becor++es payable under s..ch policy a pol~cies said MORTGAGEE ahall haw th~ op~~on to ~ec~~w and spply the sam~ on +cca+~t o) tht indtbted~ ness setured he~eby or to permit said 1MORTGAGORS to receive and use it q awy part thereof fo~ othe~ pwposes, w~~hcu1 the.ab/ waiving o~ unpair- ~ng any equity, lien or right unde~ a by virtue of ~his mo:sgage; and io the went sa~d MORTGAGO~ sh~ll fo~ any ~tascrt i~il to keep ~he said Wa++wes w :ns.,red, w fail 1o deliver promp~ly any of said polK~es of insurance to sa~d MORTGAGEE, a fail promptly to pay fuily ae~ Fre~um thsrtlor w in u~y respecr fail ro perform, diuhuge, exccure, eFfect, complere, complY wirh u~d abide oy this covenu?t, a any pait hereof. said MORTGAGEE may p~ac~ +nd pay for such inw~ancs or ai+y part thereof wnha:t waiv'ug w affeding ~ny optan, lien, equitY. o? right undsr p by rn'tw of thif Matpap~. +nd the 4„t1 amount of each and every iuch payment shall be immediateiy dw and psYable ~nd sMl1 bex interesl from t~w dst~ thsreoi until paid a1 tM ~+t~ ol ~:ne per pntum per annum and to~ether with such interMt SIWiI b! SeCVrld by llfe IiM Of 1hi1 1~10?fyi~Jf- To permit, canmit or suffer no waste. impairment or detariwstion o! said prope+hr or any p+rt the*eof. 5. To pay a!t and singular the costs, charges and expenses, inctuding a reasonabte +ttwnev i fes s~+d cwri of absh+cb of titlt, incwr~d or p~id at nny i~me by said MORTGAGfE, because a in +he evcnt of the fa~lu~e on the pan of the ss'~d MORTGAGOR w duly, pranptly ~nd fvliy perfonn, d~sclurp~ etiecu~e, etfect, ca*:plete, comply w~th and ab:de by each and every the ~tipulatio~s, agreements, conditions, and town+~n of ~aie~ pom~stotY no?~ and thii mo: tgage any a ei~he~, and sa~d costs, charges and expenses, each and every: shall be immed~atety due ~nd p~y~bls; whethtr o? not ti:er~ b~ r.otiu d? ~a~d, attempt to coltect w svit pend~ng; and the full amouna of each and every wch paymero shall bea. in~er~st fran ~M dat~ tF?Ktof until psid at th~ r~re o! nine pe~ centum per annu:n; and aU said costs, chargea and expenses intwred w paid, togetFw with wth intarat. sh~ll bs sstured by th~ lia~ of thia mortgagl. 6. Tha1 (a) in the event of any breach of this Nlortgage or default on the part of the MORTGAGOR, or (b) in th~ event any of s~id wms of mon~y here~n ~eferred ~o be not p~omptly and fu1Fy paid wi:hin thuty (30) days ne:t after the same severally betane dw and p~yabk, without d~m~nd o~ notite. or (c) in the event each and every the stipular~ons, sgreements, cond~~ions and covenan» of ss~d promissory note and th~s mortpay~ ~ny or ~ithe? u~ nol iu~y, prompNy and fu11y periwmed, d~uharged, executed, effected, completed, complied with +nd ~bided by. lhen in t~thet ot ~n1r ~ucl~ w~+?t ti» t~id ap~ ~ gregafe wm memi~ned in said prom~ssory noez then re~nwining u~paid. with interest acuued: and alI ma~eys saeund hertbr. ~h+1t becom~ dw and p~y~ ao ~ forthwith, a thcreafta, af the opt~on of sa~d MO~TTGAGEE, as futly aKl complet~ty ~s sll of ?fie said w~ns of moeMy w~r~ aginally stipulattd ro be patd on such day, anything in said p~om~ssory oote or in this Mortgage to the tontr~ry notwithstand'ug; and tl+Kevpon w tMreafte~ at tM op+ion of ~ sa:d MORTGAGEE, w~thout norice or demand, wit at law or in eq~i:f. `herefwe or th~reafter tx9un, mar b~ prosen+ted as if ~ll mor+ey~ Ncvr~d her~by ~ nsd matured p~.or to its inslitution. ~ 7. Thst in the event that at the beginnirg of or at any time pending amr suif upon this Morty~g~, w 1o foredoN it, or to refwin if, o? fo snforp ~ Fayment of any claims hereu~de~, said MOR1GAGfE shall apply to the Cou~f having jurisdiction thereof fw tM appantment of ~ RKt"wer, wch Cowt s~»~I ~ fc•fh~viih sppoint s receiver of saifl mortgaged property all and singulsr, includ~rg atl and sirgvlu ths iocnne~, p~ofits, issws and revMUes fran what~vtr s~~~~ce derived, exh a~d every of whrch, it be~ng expressly i~~+ders~ood, is here~y mwtgaged as if spec:ficalty sef forth u+d d~ttribed N thi prantinp and h~bend~m clavses hereof, and such Receiver shall have all the broad and effecr~ve funcnons u~d powers in snywise entrwted by a Cou.t 1Q ~ Reuiva, and s..ct~ appointment shall be made by such Court as an admitted equity and a matte? of absolute rght fo s~id MORTGAGEE, ~nd without nft?MC~ fo fh~ ad~auacy or inadequacy of the value of the property matgaged or to tFx so~vency w insolvency of said MORTGAGOR or the defendants, snd that such :~~~s, profits, income, iswes and revenues shall be appGed by svch Receiver accordmg to the Iien w equity of said MORiGAGEE a+d 1he practic~ of suth Court. 8. To duly, promptty and fully perform, d~scharge, execute, effect, complete, compty wirh and abide by each and wery tFw stipulatiam, ayn~ments. ~ conditions and covenants in said promissory note and this mortgage set forth. 9. Tnst in the cvent the ownership of the mwtgaged premises, or any part thercof, becomes w~sted in ~ perwn othet than the MORTGAGOR, tM ~ :~RiGAGEE, its successws and ass~yns, may, wi~hou~ notice to the MORTGAOR, dea~ w~th sucF~ succ~ssor w n+cc~s~a in inteFest with refer~nce to this ~ r or~gage and the debf hereby secured in the same manner as with Mortgagor without in any way vitiatin9 w dischar~irg ih~ Muty~gots' li~bility he~? ' ~rd.•r or upon the debt hereby sec~red. No sale of the premises hereby mortgaged ~nd no fpbearance on the part of th~ MORTGAGEE p its watssws ~ cr ass;gns and no exter.s~on of the t~me iw the payment ot the debt hereby aecured given by the MORTGAGEE or iri sucteuors p ~ss~gns, sha~~ op~raf~ ro reizau, d~scharge, modify change or affect the orig~nal liabifity of the MORTGAGOR herein, either in whole ot in puf. 10. It is spec~fically agreed that time is of the esse~ce of this contrxt and thst no waiver of sny obl'~gation ha~w~der or of the oblipatiOn s~- c~rec~ hereby shall a! any time thereafter be he'd to be a waiver of the terms hereof or of tta: instrument secur~d Mrby. I1. In add.tio~ to the forego:rx~ monthly payments of princ~pal and imerest required by the prom~sso+y note sec~red F~ebY. moct~go~ oowns^fs ~••.d agrees to pay to mortgagee with each mo~~hiy pay~:~ent an ac~dn:~al sum estimated by mwtgagee to be eqwl t0 1~12 of 1he anrwal tost of tF» follow- A-All real property taxes lei~ed or ass_ssed agai~s! thc above dexribed real estate. I'~ B-Prem;ums o~ fire and windstosm ~nsurar.ce as here~n requ~red to be ca~ried on the improveme~tt sitwts on fhe ~bow described premis~s. _ C-Premiums on suth znortg;ge guaranty ir.surar~ce as mortgagee shall from t~me to time deem fit to c~rry on the bsn secvted heteby. Mortgagee shaii from time to time nc!ily mortgagor in writing of the amount due and payable hereundrr and suth tum shall therlupOn bf du! and ~ ab!e on the due date of the next monrh:y payment and each su;cessive month thereafter ur~til mortgsgee shall nofify mwtg~gw of ~ tharg~ in such _ ovm. $uch sums shalt be applied by mwtgagee toward the payment of real property taxes, i~surante p~em+wns, and mortpsp~ 9uar~~fY inwN^te c ^-iums- IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and xa) the day snd ~a~ f'vst aforeaid. ~ Signesl, aled and delivered i the pesence of: ~ _ ~n ~ ` Si:,TE OF FLORIDA ~ S5. .~uvTYOF St. LLlClB Es~fore me personally appEared C A. Hofferberth .~a Beu 1 a h L e e Ho f P e rb e r th r~ w~r~, to me well known and known to me +o b. rhe individvals described in and who executcd the foregoing instrument, and acknowtedged befwe me thaT they e:ecuted the same ior the pwposes :~_,e;n eap,esxd. pnd the sa;d BeLl9h Lee HnffPrhArth ::~je of rhe sa~d C. A. Hofferber~h separ~te snd priv~te e.a-r.:nat"an by me taken separate and apart from her said husband, atknowledged to and before me that she exet~ted said instrumeot freely u~d vdwr y and without any compulsion, cor:straint, apprehension, w fear of w fran her said husband. WITNESS my hand and official seal thi~ ~ f N day of A D. 19 6~ ~ - ~ Nwsry Public in and for the State of Florid~ at lupe ~ . ~ ~ t ~ : . My Commiuioe expires: ~ Return To: - , , ~ F~rst Fedeni Savirys ~ Loan Asso~iat~on ~ ~'~Oti~ ~1~. Stl~! O~ ~Ofl~i i~ Vlq! or F«~ F:e«e. , My Comarssion Expira Sept. 23, i96: _ • - { j {OOA~1 ~1 AlNK~ ir~ ~ Casw7ry Ce. Fort Pierce. Fiorida - _ . ~ F1LE0 AND RECORDEO - - ~ ~ ~ ~ i. LUCIE COUNTY. FLA. =^ni-~ `'=RiFtFD _ _ ' ~:~v/ I , i~ - . J JrC 8 PM Z• 5~ ~ ~ :.L BOOKIVO PAGE 527 CLEKK Cir~CUlT COURT ~ - - - - - - - - ti - z~ , , - - - - - - ~ . - ~ . L ~ v _ r ...':3: ~ a"~.'~ r_:_ . . _ _ .