The URL can be used to link to this page

Home My WebLink About0978 - ~ _ . - To plac~ and oontinuously keep on tM build~nps oow w hK~ahN sitwt~ on said luid sed on dt eqvipmaa ~nd pNSOnally cova~d bY d+is ewrt~ ays, wifh aN pr~miw~ thKwn p+~d ~n full, firo insur~nct ~ tM usual sundard policy fwm, i~ a swn ~pprowd by tM 1NORTGAGEE. ~nd wind~torT insuranc~ in th~ uiw) standard polity fam. It~ ~ sum approved by ths MORTGAGEE, in wch tompany or oomp+nies ~s tM MORTGAGFE m+y d~rect; ~nd aU fir~ and wir+ds~wm inwr~noe policies on +ny of said build~nys. ~ny tnt~st tha~in a put IMreof, in tM +pp~epN~ swn ~fa~id a ~ in sxc~ss tt~eof. sMll contifn tM usval sundard mortgagea clau~a w such othN clws~ ~s ~M Mat9+g~e may rpvu~. ma?inp tM k~ss unda sa~d PdF ' ss cies. ~ and ~very, paY+bte M said MORTGAGEE ~s in interest may ~ppear. ~nd each and every such policy sMll be p?omptly ass:9ncd ~nd d~liwred M •ny h~{d by said MORiGACsEE u furthK s~tv~ity to said mo~tpaq~ debt, snd, ew~ I~a ~han t~n (10) days i~ advaec~ of ths ~ap~~ation of each pot~cy. to dr j tiver ro said MORTGAGEE ~ ~Mew+l tl+Keof, topelhK with a reteipt for the pemivm of suth rentwali ~nd then shall b~ no fir~ a windstwm Guu~~nu 1 Ixed on ~ny of said b~?ildi s. ~ny i~ter~it ihaein a par~ t1,~reof, u~leu in the form a~+d with tM loss p~Yabl~ +s i(aesaids and in tM ~w~t any swn ~ P ^a ~ of mon~y becams p~yabl~ vnQtr svch policy or policies said MORiCaAGEE sAall Mw tM optae~ to reteive u~d ~pply ths s+me on account of th~ Ind~bto~ ~ neu acw~d h~reby a ro pKmit s~id MORTGAGORS ro receiv~ and use it a any parf ~hereof fo~ ofher pwposes. w~~laut thtreb/ wai~ing a~mpair- inp any p~riry. li~r? or ri9h1 under w by virtw of this mortg~eJ ud in tM ~vent said MORTGAGORS sMll fw ury re~son fsil to keep the uid p~en+~ses w insured. o~ fail fo d~l~w~ promptly ~ny of said policia of insu~~nct to s~id MORTGAGEE, or fail promptty to p~y fully ~ny premium therefw w in ~++y resp~ct bil b pKfwnl, diuMr9t. ~xtcut~. ~ffect. complNe. ~mply with u~d abid~ by tAis ooven+n?. w any part M?wf, isid MORTGAGEE may p~+N a^a pay fa wd~ inawanu w anr p~rt tlN+eoi witAout w+ivinp a aHsctin~ anY option. li~n. equity, w r~pht ~ndcr o~ by virtw of this MwtQap~. and tM fuU ue~o~et o( sach and ~wry sucA p~ym~nt tlwll b~ immediately dw u~d payabl~ ~nd sMll bsar interest from th~ dat~ thsreof vntil p~id at fh~ ~aM oi nfr~e per untvm p~r anrwm and together with such inte~esr shall be secvred by tM lie~ of tha mort9+~e. To pKmit, aanmit or wff~r no wut~, impairment a deterioation of said property or any put tlxraof. 5. To pay all a~d ~ngulu tM cosn, ch~rpes ud expenses. includirg s reuon~ble attwney's fee and ooati of abstratts of title, incuned or p+id N any time by said MORTGACsEE, beause or ie+ the ~v~nt of the fail~re on tM paN of the said MORTGAGOR to duly, promptly and fully perform, d~xharyR ~xecv~~. ~ftea, oompk~~. aomply with and ab;de by exh and every the stipula~ions, ayreemenn, condi~io~s, and cown+nn of said promiuory note and ~hw monpp~ ~ny o~ ~ithsr. and said cosn, chuge~ ~nd expenses. c+ch +ed evay, sMll b~ immediately due snd p~yable: ~+rhether w not there be r~otice dr mand, attempt to toll~ct a wit pend;ng; u~d tM full amou~t of each and every wch paymero shatl bear int~rest from tAe date th~reof until p~W ~t the rare of nirw pcr ce~tum pet uu~um; snd all said cosn, charges u~d expenxs incvrred w p+id, together with svch interest, sA+ll b~ sea+red by the li~n of this mort9+p~. ~ , 6. That (a) in the erent of any breach of this Matgspe or d~fault on tFr part oi ths MORTGAGOR, w(b) in the event any of s+id sums of money hereln nfened to bs rat p.omptly and f~lly paid within thirty (30) days next after the s+me severafly becarx due and payable, witlw~t demand w notict. or In tM event each and every the stipulations agrecments, condiYans and covenants of sa~d prom~uory note and th~s mor~gape +ey w either ~n no1 iuly, promptly ~nd fvly perfonned, discharged, executed, effected, canpleted, compl~ed with and abided by, then in eithar or a~y tuch ewnt tiN sa~d +g~ pregate ~wn mtntioned in said promiuay note then remaining unpaid. with interest ~tuued, and all moneys secured. hereby. shall become dw and p~y~ • sble forthwitl~ a thereaher, at ths option of said MORTGAGEE, ~s fully and compktely ~s if ~II of the aaid sums of money were aipin~lly stip~lated ro be paid on such day, anythinp in sa~d prom~ssory rate c~ in tha Mortgsge to the contrary notwithsundiny: and tMreupa+ or tF+ereafter at the op~an of i seld MORTGACsEE, without notic~ a demand, wit at law a in equity, therefore w there~fter beyvn, mar b~ prosecut~d as lf ~II ma~eys setured herabY ~ h~d matvr~d pior to in irofitution. • iha~ in the went that at the beginnirg of a at any time pending any wit upon this Mortgsge, or to fa~clos~ it, w to reform it, a fo enfwa } payment of any daims here~nder, s~id MORTGAGEE shall apply to the Court having jurisdiction thereof for tM appointment of a Recciver, such Cwrt sMll { Forthwith appoint a reoeiver of sai~! mwtgaged property all +nd singular, includmg all and singutu tht incom~, profits, fstves and revenues from whatewr ~ source derivsd. exh and every o# which, it beinp ~xp~essly understood. is hereby morrgaged u if specifically Kt fwth ~nd described G+ the y?anting ~nd habendum davses hereof, ~nd such Receiver iMll have all the broad and effedive funct~ons and powen in anywise entrusted by ~ Covrf fq • Receiver. u+d ~ such sppointment shall b~ made by wch f.ourt as ~n ~dmitted equity ar+d a mattcr of absolute righ~ to ssid MORTGAGEE, and without referenc~ to tlw ~ adequsty a in~dequ~cy of the vslue of the property mortgaged or to the solvency or insolvency of said MORTGAGOR a the defendants, a~d that wch { renu, proiib, Incortee, issues and rovenues shall be applied by such Recciver accwding to ths lien ot equity of aid MORTGAGEE and the practic~ of such . Covrt. & To duly, prar?ptly u+d futly perform, discharye, exccute, effcct, complete, camply with ~nd abide by sach and ~very the stipulatwns, ayreemenri, condiwea ~nd ooven~nts in said promfssory note and fhis mortgage set fath. 9. 1Mt in ths event the ownership of ths mortgsged premises, a any part thereof, becomes vested in • peno~ othe? than the /NORTGAGOR, ths MORTGAGEE, iri succeswn and assi9M, may, without ratice to the MORTGAOR, dcsl with such successor or Mxc~ssor in interest with refer~nce to tha mortg~pe a~d the debt hereby secured in the same manner as with Mortgaga without in ~ny way vitiating a disthuping the Mwty~ors' liability htrt under or upon the debt hereby secured. No sale of Ihe premises hereby mortgsged a~d no fwbeersnce o~ tht pan of the MORTGAGEE or iri successors or auig~s snd no extension of the time fa the payment of the debt hereby secvred given by the MORTGAGEE w its sutcessots or ~ssigns, shall operat~ ro release, discharpe, modify change or affect the orginal liabiliy of the MORTGAGOR herei~, either in whole o? in put. 10. It is specificslly agreed tMt time is of the essence of this contract and that no waiver of any obligaian hereu~der w of ths oblip~Yan se- cured hsreby shall at any time thereafier be held to be • waiver of the t~rms h~reof or of tke instrumem secured Mrby. 11. In addition to the forego:ng rnomhly paymems of princ:pal and interest required by the promissory rate secvred hereby, mortgagw oovenanb and ~graes to pay to mortgsgce with each monthly payrrxnt an additional sum estim~ted by mortgagee to be equal W 1/12 of the annual tost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insuronce as herein requ~red to be carried on the improveme~b situate on the ~bove described premises. ~ C-Fremivms on wch mortgage guaranty insurarce as mortgagee shall from time to time deem fit ro cury on fhe loan secured hereby. ~ Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunder ~nd such s~m shsll thereupon be due snd payable on the due date of the next mo~thly payment and each succeuive month thereafter until mortgagee :hall notify mortgagor of a change in such emount. &+d~ sums shall be applied by mortgagee toward the paymem of real property taxes, insurance prem:ums, and morigsge guar~nfy inwrance premiums. IN WRNESS WHEREOF, the ssid MORTGAGOR has hereumo set his hand and seal the day snd year fint esaid. . ipned, S~sle w! d've d in tb presence of: ~ n ~ r . n n { STATE OF fLORIDA ~ i St. Lucie courm oF Before me perwn+lly appeared C+ . J. C ri s t snd I r en e C r i s t ha wife, to me well known and known to me to b~ ~ rhe individwb descr~ed in ~nd who executed the faeyoinp instrument, and scknowledged befwe me that they executed the ssme fw the pwpose~ ' therein ~.~d. ti,a .~?d Irene C ri a t ~ wife of tir ~sid C+ .T C ri s t , vpon a separate and pmrat~ examin~tan by me qken sepante snd apaA from her ssid husband, adcnowledged to and befwe me that she exetuted said instrumeM freely a~d volurr i rar~ly and viritho~t arryr oompubion, cautreint, appreF~er~sion, w feu of w from her said husband. WITNESS my hsnd ~nd officisl ~eal this Rn d~y of J ua ry q, D. 19 6? ' ~ - ~ otsry Public in and fw the State of Florida at lsrpe My Commission eapins: Retum Ta ,~yi.~E• :t.~ ~(p~ P~K. Sut! 0~ FlOltdi it VfQ! ~ First Federal Savings a Losn /lssociation ~ . ' ~ ~ Of Fort P~~.u. l- ~ iJh? Cowwissioo E:pires Sept. 23. 1969 ~ ~ = ~ M~M~ h /1Mrica~ Fi~ i Gswlty G. fo~t Pierte. Florids ~ : ` ~ t~fLEO ANO REC~ 0~0=,.= 8T. WCIE COUNT1f. ~w.~ _ - ~ RECORO VERIFIEO J ~ % - - ' C ~ ~ 152148 " - ; : • r ~N... ~ ~ - '6T JAN 24 PM 3: 19 s~c;~;,•.~ ~ ..7t11~4~~ ~ ecOGER ~OITRAS ~ C~l.ERK CIRCWIT CBU~ go~16~ ~ g.~ f- t ~f f ~ ~ _ _ . - - - - ~