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Home My WebLink About2303 S. To pl~n aed continvou~ly khp on rM buildinps r?ow or MreaftN sitwte on t+~d land u+d on all equipmenf and p~raonally covatd by thii mort~ +9~, with aN ptmiwm thtrwn paid in fvll, firs insuraru~ i~ tM usu+i s~~ndard policy form, in a sum approv~d by tM MORTGAGEE, ~+d wi~torm :nsur•r?c~ fn tM utwl ~~u+dud pol~cy fwm, in ~ ivm approved by tM MORTGAGEE, in such comp~ny or ca„paoiet as tl» MORTGAGEE may d~rectt ~ ~II fin u+d wirKhtorm iosu~anp poticies on any of iaid build;nps, any inttrpt therein or put theraof, in IM +gyre9~q ivm ~fortuid a In ~xcess ther~of. ~MII contain th~ uiual standud mortgagee cbus~ u such otha cl~uie ~s tM Mwi9+ges may ~puu~, makinp th~ bss unda said po14 u~s. ~acl~ ~nd ~wry. p+Y•bl~ ro uid MORTGAGEE ~s iti interest may ~ppeai. and exh and every iuch policy ~hall b~ p~omptly au:pned ind d~livsrtd to any Mld by said MORTGAGEE u fw1hN sec~~ity ro 3~id mortpsq~ debf, and, not leu fhan re~ (10) d+ys in advante of the ~xpir•lio~ of l+ch ppticy. to da I~ver to said MORTGAGEE • r~w~t ther~of, topethK with a receipt fa ths premium of iuch renewal; snd ther~ thatl be no fire or windstorm inwranc~ P~+ad a+ ~n1r oi said buildinp:, ~ny intarest tMrein a p~~l fhe~eof, vnleu in the form ~nd w~th ~he kns payabl~ as afwesaid; and in th~ avenl ~ny wm of nwn~Y beco~n~ p~y~bl~ w~d~~ yuc?, pd;~y a policiss ~id MORTGAGEE shall have ths op~an to receive and ~pply 1hs sam~ on accoum ot the indebted- ness secwed ht~~by w b ptrmil said MORTGAGORS ro receiw and uH it or any part tAereof tor other pu~posea, w;~hout thereb~ waivi~ig w impair- infl sny p~ity, ti~n or riyht under w by virtve of thii morsys9e; and in tM ~vent ta~d MORTGAGORS shsll fw ~ny reason fail ro kcsp the said premises so insured, q fail to d~liver promptly any of said policies of inswanc~ to ssid AAORTGAGEE, o~ fail promptty to par futly any prcmium the~efw or in any ra~pect fail w pKfwen, dischar~e, ex~cur~, ~ffect, complets, comply with ~nd abids by this covenant, or a~y part hereoi, said MORTGAGEE may plsce and paY fw s~ch inwranc~ a any part tM~eof withoul waiv'u+p w ~ffectinp any optiay li~n, equiry. o? r~gM under a by vinus of this Matpsys. and the fu11 amo~nt of each and ~wry such piymsnt shall b~ imn+ediataly dw a~d payabk and shall bear inte~est from tM dats thereof vntil paid ~t tM rsta e~ ~~~e per antvm pK ae+~wm ~nd toyether wifh s~ch interest ihall be sesured by th~ liee~ of tha matpsye. 1. To p~rmit, oomntt or wfFer no wute, imp~irmeM w detHiorNion of said property or ~ny part thereof. • S. To pay ~II and tinpulw t!» costs, cl?~~es ~nd experuei, indudinp a reaionable attaney's fee and costs of ~bstratts of title, incvned a paid ~t ~^Y bY said N10RiGAGEE, bec+uss or in the event of ti~e failu~e on the ps?t of the said MORTGAGOR ro duly, promptly snd fully perform, d~u~arQ~, ~xecut~, ~ffsd, tomplet~, comply with and ~bide by ~ach and every the ~tip~lations, agreements, conditiont, and rnven~nta of said promissory note +nd thi~ r++atQ~ye anr w ~ithe~, ~nd taid cosq, clwrges and exp~nses, each and every, sl~at! be immediatety due and payable; whethe~ a nof rhere bs ratice dr mand, a»~m~,N to colkct er wh pk?d~rgi aod tik fvll amouM of each and wery such p~yment shat~ bear interos~ from the date thereof until paid at tt?~ rate of nin~ ptr centvm pa a~nurn; and all said costs, chargp a~d expenses incurred a paid, together with such intertu, shall be secured by the IiM of thu mortya~, 6. ihat (a) in tl+e twnt of an bresch of this Mwt pa y y ? Y ga~e or default or? the rt of the MORTGAGOR, w(b) in the event an of tsid surtu of mone ! henfn ref~rr~d to b~ not promptly and f~lly psid within thirty (30) days next after the same severally become due and payable, wi~hout demand a notite, or (c) (n tM ~wnt tsth and avery the stipulations, sgreements, cond~rions and coverurth of ss~d p+or»issory note and th~a mortgage ~ny or either are nd iuly, promptFp u~d fully perfwmed. d~uharged, execvted. effected, completcd, compl~ed with ~nd abided by, then in e~tl+er w any iuch e~~ent tM uid ag preyste wen mentioned in ssid prpmiupy npte then remaining ~npaid, with intuest accrued. a.-~d all moneys secvred he~aby. shaN become dus and pay~ abla fOlthWitly p fMlNftN, it the option of saicl MORiGAGEE, as fully and cample~ely ~s e( all of ~he said s~ma of money were origin~lly stipu:ated to bs paid on wch day. ~nythlnp in said promiuory note or in this Mortgagr to the conrrary notwithsqndiny; and thereupon or there~fta at the option o/ ~a~d MORTG/1GEE, without notict w dem~od, suit at law or in equiry, therclo~e w thercafter begun, n+~y be prosecut~d ~s if ~II moneys s~tvted hereby h~d matund prior to ib irotitWion. 7. That In tM went that at th~ beginning of or at any time pe~ding a~y suit upon this Mortgage, to faeclose if, or to refam it, q To enforu paymenf of any daims hereund~r, s~id MORTGAGEE shafl apply ro the Court having jurisd~ction thereof for the appo'~otment of ~ Receiva, such CovA shall forthwfth appoint ~ receiver of sai~l mortpaged ptoperty all and singvlar, includu~g aIl and singulu the income, pro(iu, iuues and revenues from whatev~r iourte duiwd, eath and ~v~ry o~ which, it being expressly understood, is hereby mortgaged as if specificaUy iet iath and dewibed fn the yrantirp and habcndum clavies henof, ind wtF~ Rtceiwr shall have all the brosd and effeaive funq~ons arxl powers in t.^.ywise entrusted by ~ Court tp a Receiver, and F ~uch appointment shall b~ made by wch Court as an admitted equity snd s rryner of absolute right to said MORTGAGEE, and w~thout reference to tFw edsquacy w in~dpuacy of the value of the properry mwtgaged or to rhe solvency or :nsolvency of sa~d 1NORTGAGOR o~ the defendann, and that suc!? rents, profits, lncomt, iss~?es and revenues shall be applied by such Reteiver accordir~g to ths lien or equity of said MORTGAGEE and the prattite of'suth Court. 8. To du(y, promptly ~nd tvly perform. discharge, exccute, eHect, comple~e, compfy with and abide by eath ~nd every 1he stipulations, apre~rt~en». , cendiYaro ~nd oovem~ts in s~id promiuory eote and this mortgage set fath. ' ~ 9. That in ths event the ownership of the mortgaged prem;ses, w~ny part tFxreof, becomes vested in a penon other tMn the MORTGAGOR, ths MORTGAGEE, iri s~cceuon and ~uigns, m~y, witFa~t notice to tFe MORTGAOR, deal with such successw or ~cucessor in i~tere» with reference to thb mortpage aod ths debt hereby secured in the aame manner as with Mortgagor without in any way vitiating or dixMrging the Muty~gors' liability here- under or ypon tIN debt hereby secwed. No sale oi the premises hereby mwtgaged and no fabearance on the pan of th~ MORTGAGEE w its successon or e:signs and no extension of the time fo~ the paymcnt of the debt hereby setured given by the MORTGAGEE or its suctesson q assigns, shall operats to release. disth~rpe, modify change or affect the orginal liability of the MORTGAGpR herein, eithe~ in whole a in part. 10. It in spetifiully agreed that time is of the essence of this contrsd and tha~ no waiver of any obligation Mrwnd~r or of the oblipation se- cured henby ihall st any time thereaher be held to be a waiver of fhe terms he~eof or of the ;nsrrument secured Mrby. , 11. In addition to the fotego:ng monfhly payments of princ'pal and interest required by the p~omissory note secured hereby, mwtgagor tpv~nants and agroet to pay to mortgagee with each monthly payment an addirional sum estimated by rtartgagee to be eqwl to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed againsf the above desc?i?~ed resl estate. 8-Premiums on fire and windstorm ins~rance as herein requ~red to be carried on the improvements situate on the above desvibed premises, ~ C-Premiums on wch mortyage gwrsnty insurance as mortgagee shall from t;me to time deem fit to carry on the ban ucvred hereby. N~wtgagee shall from time to time notify mortgagw ~n writ~ng of the amount due and payabte hereunder ~nd such sum shall thereupon be dve and payable on the d~re date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such amount. $uch wms shall be ~pplied by mortgagee toward the payment of reat p~operty laxes, i~sursnce prem;ums, and morigage guar~nfy insurance prrmiumt. • IN WITNESS WHEREOF, ths pid MORTGAGOR h+s hereunto set his hand and seal the day and year first afweseid. I~d and ed in the pesencs of: •n ~ , - n . ~-n rc--~ v srATf oF Ftoaion ~ couNnr o~ St. Lucie Befare me perwrwlly ~ppearcd H81+old B Slolle a~ Avrn'1Al l . l OriA his wife, to me well known and know~ to me to be the ~ndividwb dacribed in and who executed the foregoing inst~ument, and acknowledged befwe me that they executed the same fw the purpo~es ~?1e«~~ n~,a e,. ,.:a Avonell Slone w+fe of ~M ,,;a ~ Harold B SZOI19 - vpo~ a separate and priv~t~ cxam~naYan by me taken ~epirate snd apan from her sa;d husbsnd, acknowledged to and before me that she executed said instrument freely and vol~n- terily end withovf aiyr compubion, coastraint, ~pprehension, or feu of or fram her said husband. WtTNESS my k~nd :rd officN! seal this~ ~ l day of A. D. 19_Y_L_ , ' Notary Public i~ end fw the State of fforida at larya `~.~~~`•utll~r~t~ jMy Commiuion e~tpires: aen,.~ ro: ' Notarr Pub~ic. State of Fbrid~ ~t tar~e Fint F~d~ral Srvinps i lo~n /lsiociat~or? 1 ~(p~p~~ E~tp~res S~ 23. 1969 ; ~ . , Of Fwt Pierce. ~ ~o.a.e b w.«K.. Fr. a c....~,~ co. Fort Pierce, Fbrida ~ , • -1• V • FILEO AND RECOROED ~ = ~ c, _ • ~ ST. LUCtE COUNTY. FI.A. ~ . R~COF.D VERiFIED ; : ; ~ , ; _ 1529$8 = ~ J ~=1J ~ , _ ~ - ~ • 1 ~ ti , '6T FEB 2 4 PM ~ . 0 ~ ; : ~ _.~/%I~'~ ~~~+ifi~if!'1 D~,//~ L%~i7I«~"a," ~ ,ty' : it0~~+~ ~'017RAS CLERK CIRCUIT GOURT 0 R ao~K 164 PACE2z99 ~ ~ ~.I ~r'-~ - ~ ~ - ~ , . - ' •-G7 t-u4~ ,y,.~~ ' . _ _ _ . _ ~G~ + ~ y ~ Y.'~ I~ g' c+` z y i ..i,.: '~~,1i ~~,I~~