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Home My WebLink About2311 ~ ; ~ To plac~ and conNnuously ksep on tM buitdinps now or he+eaftK ~itwt~ on ssid land uid on ~11 equipmem ~od p~?so~ally covsred by ~~+ii ma~ ~ ~ge, with ~II premiurns thsreon paid in fuil, fir~ ir?ivrant~ in th~ uwal studard potity lo~m, in a sum approvtd by tM MORiGAGEE, and windttwm insunnn in tM uswl ttanda~d policy fam, i~ a swn approved by iF+s MORTGAGEE, in wch company a ampan~es a tM 1AORTGAGEE m+y d~rec~r ~ad all tin ~nd windstorm insv~aac~ policces on ~ny of s~id buiWinps, any in~erat thaein a paN tMreof. in tM p9rep~~~ ~wn ~fa.~said w ln ~:cess therwf, sh+ll contain th~ vswl standxd morrgage~ ci~uss a i~ch oti~ claus~ as ~M Mor~qagce may requu~. makinp tlk los~ wide~ u~d po1F dei, ~ach uid ~vKy, piy+bl~ ro said MORTGAGEE ~s in imereit may spp~ar. ~nd e+ch and evxy ~uch pol~cy ihall be prompt~Y ~u~y~cd +~d d~~~vered ~o ~ny MM by s+id MORiGAGEE a~ f~?tMt sttu~ity to s~id mortya9e debt, aod, ~ot I~ss tMn ten (10) daYS in advance of ths axpiratcon of each polity, to dr I~ver to wid MORTGAGEE •?~newal tMrwf, topetMr with a rece+pt for the pnmi~m of iuch renewal; and there shail be ~o fue or windstwm Guu~ar?c~ plac~d on ~ny of ~aid buildinps, sny interest therein o? put thereof, vnleu in the form and with the lou payable ai aforesaid; ~nd in the evtnt any sum of nwnsy b~coen~s p+y+bl~ u~ such polky a policiss said MORTGAGEE sMll havs ths option ro rece~ve and apply the same ce+ accounl of tM indabted~ ness utur~d h~r~by o? M pe~mit said JNORTGAGORS to reteive ar+d uss it a any part tAereof for othc~ pu~poies, w~thou~ ~hneb~ waiving a~mpair- inq ~ny puity, lie~ w ri~ht vnder w by virtue of ~his mort~pe; u~d in the ~vent wid MORTGAGORS shsil fw any reason fail to keep the ss~d pre~+ises w insured, w fail to d~liva promptly ~ny of ssid policies of insuranc~ to said MOltTGAGEE, or fail promptly to p~y fvlly ~ny premi~m therefw a i~ a~y reipact fai) q pNfam, dixharpe, tx~cut~, ~ffett, tomplete, comply wi?h and abide by this tover+aM, o~ any ~art herwf, iaid MORTGAGEE m~y plaoe +nd pay fw wd~ lnw~ar~ w~ny part thtreof without waiv'ug or sffaclinp ~ny option, licn, puity, w r'~ght unde? ot by virtw of this Mort~ss9t, +nd the ful~ ~mount of tad~ ud evKy s~ch p~yma+t sha!I bs immediately dw and payabte •nd ~hall beu intereit irom th~ dat~ theroof w?tit paid at the ~+1~ ot nint ptr pntwn pw annum a~d together with tuch interest shall be secured by the Iien of this mortq~ye. 4. To pKmit, tanmit ar suffu ~+o w~st~, impairment a deteriwation of uid property w any part tfiereof. S. To p~y ~II a~d shgvtu tM cosb, charges and expenses, includi~g + ressonable +ttaney i fee snd co~ts of ~bst.act~ of title, incurred w paid N ~ny tims by said AAORTGAGEE, b~cause w in tM eve~t of the failure on the p~rt of the ssid MORTGAGOR to duly, p~omptly and fv11Y perform. dischar9~, •xecuts, tffsc4 compkt~, comply with and abide by esch and every the st~pulations, sgreements, conditions, and covenants oi uid promissory note and ~hi~ mortpa~ am o? ~itha, and taid costs, charges and expenses. each and every. thall be immediately dve and pa~+bls: whether or not there be ratice dr m~nd, mempt to colkct w wtt pendingt and tF+s full amo~ot of esch and every such psymem shall bear i~teros~ from t1+e dste thereof until paid at 1he rate of nins per centum per ~nnwn; a~d all said costs, chargea and expenses incurred w p~id, together with such interest, shsll be secured by tM litn of thif mortpp~. - Q ~Mt in 1M evMt of ~ny bre~ch of this Matgage w default on the part of the MORTGAGOR, w(b) in the event ~ny of iaid sums of mon~y herein rofe?r~d to b~ not promptly and f~lly paid within thirty (30) days neat afte? the same severally bacome due snd p+yable, without demand w ~otic~, or (c) In iM ewnt esch ~nd every the stipulations agreements, conditions and coven+nn of sa~d p~omiswry note and th~i mat~s9e +nY or e~~her ~~e ~ol ~uly. Promptly ~nd fully performed, discharged, exec~ted. effectcd. completed, complied with and abided by, thtn in either or any svch ~veM 11N said a~ i pre~ats wm meMion~d in said promissory note then remaining unpaid, with interest atcrued, and all moneys setured htreby. ~MII betome dw a~d pay~ abls fwthwith, w theteafter, at the option of said MORTGAGEE, as fully and completely as i( all oi the said sums of ~woney were aiyinatly stipul+ted to be paid on such day, ~nythinp in said promiuory note or in this Mortgsge to the ca+trary notwithstandiny; an : therwpon o~ there~fter at the option of ~aid MORTGAGEE, withovt notic~ w demand, wit at law or in equity, therefae or the~eafter begvn, may be prosecutad u if all moneys setvrsd hsreby had maturfd prior to iri inttihrtion. 7. TMt in ths w~nt thst at the beginning of a ~t sny time pending any suit upon ttiis Mo.tgage, or to fo~eclos~ it, or to reform it, or to enfo~a ; payment of any da'uru herevnder, said MORTGAGEE shall apply to the Covrt having jurisdic~ion thereo! fo? the appointment of • Receiver, wch Court shall i ForthwHh ~ppoiM s rsceiver of saKl rtwrtgaged prqxrty all and singular, includ~ng all and singular the income, prof~ts, iuuet and revenues from whatevtt ~ wurce d~rived, each and ~wry o# whKh, it being expressly unde.s~ood, is hereby mwtgaged as if spec~fically xt fo~th and deuribed in the 9ranting and ~ habendum clavses hereof, and s~xh Receiver shall have •11 the broad and effective funct~ons and powers in anyw~se emrusted by a Covrf tp a Receiver, and •uch appointment shalt bs made by such Court as an admitted equity and a matter of absolute right to said MORiGAGEE, ~nd withouf reterence fo the edequacy a insdeqwcy of the v~lua of the property mortgsged or to the sorverxy or insolvency of aaid MORTGAGOR o? the defendants, and that iuch rents, proftn, incane, is~uea and revenues shall be applied by s~ch Reteive~ according to the lim or equiry of said MORTGAGEE and the practiu of such Court. _ ~ 8. To duly, ~xanptly and fully perform, diuharge, execute, effect, ca+~plete, comply with snd abide by each snd every the stipul~twns, ~g~eement~, ' conditrora and coven~nts in said promluory nore and ~his mortgage set forth. ' 9. Th~t in iM event the ownership of the mortgayed pranlses, a any psrt tixreof, becomes vested in a pe?son other fhsn ihe MORTGAGOR, ths MORTGACaEE, its sucussors ~nd ~uiyns, msy, without notice to the MORTGAOR, deal with such tuccassw or sucussw in iMerest with refereoce to this mo~ip~qe and the debl hereby secured in the same manner as with Mortgago? witFwut in sny way vitiating ot dixharging the Mortgsgors' li~bility hert under w upon tM debt htrtby secured. No sale of tF+e Fremises hereby morlgaged and no forbearance on the paA of the MORTGA6EE or in suttesson or a~signs ~nd no extension of the time for the paymeM of the debt hereby secured given by the ASORTGAGEE a its succeswrs or sssigns, shalt op~tats to release, distMrpe, modify change or affect the original liabi~~ty of the MORTGAGOR herein, either in whole w in part. 10. It U apecifiully e9reed that time is of the essence of this coNrad and that ra waiver of sny obligation hereunder w of the obliyation se- cured h~reby ahall at any fime thereaher be hek! ro be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the forego:ng monthly payments of princ:pal and interest required by the p~antssory nore secured hereby, mwtgagor covensnq and agrses to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annusl cost of the follow- ing: A-AU real properfy taxes levied w assessed against the above dexribed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be tarried on the improveme~ts sltuate on the above desuibed premises. C-Premiums on suth morigsge guaranty insurar~ce as mo.tgagee shall from time to time deem fit to urry on the loan secured hereby. i MortQagee shall from time to time notify mortgagor ~n writing of the smount due and payable hereunder a~d such sum shall thereupon be due and I payable on the due date of the next monthly payment and each successive month thereafter ur,til mwtgagee shall notify mortgagw of s change in such I amount. Suth surns shall be epplied by mortgsgee toward the paymeM of real property ta:es, insurance prem:ums, and mortgage guaranty insurance ~ ~ premiums. IN WITNE55 WHEREOf, tF~s said MORTGAGOR hss hereunto set his hand and seal the dey and year first sfwesaid. ~ Sipned, I and deli ed ' the presence of: ~ n ~ , ' .n ~ . . cs..n ~ ~ ~ ~ ; STA7E OF FLORIDA { courvtir oF St _ Lucie i~ befwe me penonally appesrcd 7'~l T ~ k g on and M 8 r i e J A. k a on ha w~fe, ro me well known and known to me ~o b. rhe individwls described in and who executed the faegoing instrument, and aclcnawledged before me that they executed the same for the purposes rh~,~~~ exa~d. ~?„a ~,..~~a Marie Jackson w~fe of tM wid C.AZ'1 Jaekson ~ a separate and priv~t~ examination by me tsken separate and apa~t from her said husband, ~ckrawledged to and befwe me that she execvted said instrument freely and voluo- tarily ~nd without any compulian, constraint, apprehensio w f sr of a from her said husband. WITNESS my Mnd and official seal ihi day of A. D. 19_~.. r , _ ~ otary Public in and for the St~te of Floride at Lupe `,.~a.~~~Ntt~rr.., My Commisian expi~es: Retum Ta ,i ~ ~'~Oliry PII~K. Sbt! O~ flOndi it ~ifg! - Fint F~dtral Ssvinps 3 Losn As~ociation . Of fort Pierce. ' '~y Comm~ssion Exqra Sept. 23. 1969 DwO: F v~~~ r-~ ~onlet h Aawr:caa f.H L GsrsM G. F1LE~~ OU~ ~LA: • r:: _ t-~ ~ ST.RECpRO VERIFIED _ r t'= = ~ ~ . J ~ , ~ 1529~2 Q : ~ : 2 y PM ~ . . . ~:i, . ~ ~ 1 FEB ' ~2 ; - . 6 " . fiOGEp ~ D~TRAS GI.ERK CIRCUIT COURT 0 R 6'4 PAGE~JO~ ~ BOOK 1 . _ - L - - ~ e~~ ~ - ~