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Home My WebLink About2558 To plaa a+d continuo~nly kNp on tM b~ildi~gs ~aw a Mrtafia ?itust~ oa aW land a+d on dl ~quipm~el u~d p~no~a~h cownd b1? Nss mat~¢ ~y~, wilh ail p?~mivms thK~on p+id in full, fin irouru?c~ in th~ uswl sandard policy fono, in i swn app~owd by tlv MORTGAGEE, ~nd windsrorm tnwrae~q In tM uwal sundud poliey fam, ie a sum approwd by tM MORTGAGEE. In weh eomp+ny a tanP+nia +s tM MORTGAGEE may dtncq ~nd ~q }ln and windslom+ ieiwrarw~ poticies on ~ny of N~ Mlildi~t. My Mflflft 1MtOI11 W~iff tlNflOl, i~ tlw ~pprey~t~ wm afa~NW ar In ~aap tMnof, ~hall contain ti» vswl standard mortya~ clws~ w such othe~ ds~ as tM Mat9age~ m+y rpuin. m+Ainp tM bas s+id pd4 cin. ~ad~ u~d ~wry. p~Y~bt~ w s~id MORTGAGEE as in intae~t may ~pp~ar. and each and ~very tucA policy ~hsll b~ promptty .ss:yn.d end d•11wr.d ro ~ny Mld by wid MORTGAGfE a fwth~r Ncwity ro s~W mortpap~ d~bt, and, ~ot Ns~ ~Mn ~M (10) days in adva.x~ of tM expiratan of ~~ch policy. to d~ liwr ro wW MORTGAGEE a nrrwsl tlwreof, topal+K with • r~uipt fa tM pnmium of wch r~xwalj ~nd tMn sh+ll M ra fir~ o~ winditorm iawrant~ pl~pd on ~ny of taW b~itd'w~ps, any inNrqt fMr~in w p~rt the~~of. ~nleu in tM fo+m and wifh Ihs bss p+y+bl~ +t afw~said: u+d in tM tv~nt any wen of mon~y b~coma p~yabl~ wxlK wd~ policy w polici~s s+~d MORTGAGEE shall haw tM option ro reuive and ~pply th~ sun~ on ~ccow+t of tM Ind~bted- n~u ~cw~d M~~by w w pKinit s~id MORTGAGORS fo ?ec~iw ~nd ~s~ It p any parl tfiereof fo. othe~ purposes, wi~hout thr.eb~ waivi~q w imp+h- inp ~„Y pu;ty. li~n or ~iql+t under or by virn~ of this mortp+yot +r+d in tM ~wnt ~aid MORTGAGORS ihall fa ~ny roasan f~it to keep the wid pnmises w iruur~d, w tall to d~liwr promptly ~ny of said policies of ir?swana ro saW MORTGAGEE, a iail promptlr lo p~y fult~r ~ny pr~mi~m thKefor w in sny respect fail b pufwn~, di~ch+ry~. ~x~a+t~. ~ffeet. compl~t~, oomply with and ~bid~ by this core~+nt. a+~y PKt AKwf. s+id MORTGAGEE m+y plso~ u+d P+Y fa wch Bawu~u or aoy part thsrwf witho~rt w~ivinp or ~ff~ctinp ~ny option, li~n. ~4u~h. w right vndN w by virtw of this Mortyap~. ~nd tM full amow~t of tach a~d ~wry wch p~ym~nt sh~ll b~ invnadiately dw aed p+y~bl~ a+d sh+ii b~ar int~rss~ from th~ dat~ th~?eof untU paid at th~ r~» oi n~n~ p~r pntwn pK amum and to9~tha with such interest shall be sscvred by tM 1'Nn oi this morty+pe. I. To p~rmit. oommit or wifK no waN. Mnp~'vment or detKioration of ~aid propaty o~ any put thereof. S. To p~y ~11 a.d sinpvlar tM costs, charQes u+d expenses, uxludirg •?eawn+ble attwney's fe~ sn~! oosb of absn+cts of title. inev~r~d w p+id a1 ~ny tinK by s~id MORTGAGEE, becs~se a in th~ ~vsnt of the failun on the psrt of ~h~ ssid MORTGAGOR to duly, p?omptly ~nd ivlly paiorm, di~ch+~ ~xecut~. eff~et. aompl~t~. aomply with ~nd ~bid~ by tach uKi eve+y ths stipulations, ayreements, caxlitiona, ~nd cov~nanb of said promi:sory note +nd thw mort9~pe +nY a~itF~. and s+id costs. ch+ry~s snd e:penses, exh and ~very. sh~ll b~ tmmadiat~ly due ~nd payabl~s whetha or not ther~ be norice dr mand, Nt~rnpt to ooll~cf a~ wit p~ndinyj and tM fvll arnwnt of each snd wery wch paymem shall bear intKest from tM d~te thereof until p~id at th~ rste of nin~ pa centum per annum; and +II aaid oosts, cMrpes u+d expenaes intvrrtd or paid. topetMr with such intK~at, sMll b~ s~cu~~d by tM li~n of lhis 6. iMt in tM ~wnt of ~ny bnach of this Mortgsy~ or def~vlt on tM p~rt of the MORTGAGOR, or (b) in tM ~vant any of ssid swns of mon~y her~in r~f~n~d b b~ not promptly ~nd fully pa~d within thuty (30) days next ~fte? the same severauy becarw due and payabk. without d~m~nd w ~ot~ce, or In tM ~wm ~ad+ and every the stiputa~ioos, +greamems, cond~~ions and mven~nn of sald prorriuso.y note and this mortgape any or either are nw iuly, p?omptly and fully p~+form~d, discMr9ed. executed. effeded. compkted, compl~ed with ~nd abided by, then tn e~thK or sny such ~wnt_ tM said ap~ preyaN wm rMntiorNd in said promissory note then remaining unpaid. with imerest accrued, and ~It money~ secund. henby, shall beeoms dw ~nd p~y~ ~bt• forthwith, or tMr~aftK, ~t tM option of taid MORTGAGEE. as fully and compktely as if sll of the said sums of mon~y were oripinally stipulated to b~ paid on wch day, anythtnp In said promissory note a in this Mortyspe ro the contrary ~utwitl»tandinp: ~nd thaeupon or thereaher at tM option of •~id 1NORTGA(iEE, witho~t not~a a dem+nd, wit at law w in equity, therefwe or thKeafter beyun, maY b~ pro~en+t~d +s if all ea~eys istund hsreby had maturtd prbr fo ita irotitufion. That in tM ~vent thst at th~ be9inning of or ~t any time pendinp sny suit upon this Mortyap~, w ro forsclos~ H, or to ~~form h, or to enfora paym~r?t o1 ~ny d~ie~s Mre~nder, s~kl MORTGAGEE sh~U spply to the Court h~ving jwisdinan thereof for tM appointmMt of ~ Rtceiver, auch Court shall forthwith appoint ~ nceivN of sa morfpaged prope?ry all ~od tingulu, includ~rq all and singular the incom~, profiri, issuts ~nd rewnues from whatev~r w~rce d~rived, ~ach ae~d ~wry o~wli~ch, it b~ing expreuly unders~ood. is hereby mor~gaged at if specifically ~et fath and desuibed M? the yran~inp and ~ hab~ndum dau~a hereof, N+d wch Receiwr shall Mve ~II the broad and effective funct~ons and powe~s in anywise entrusted by a CouA ty ~ Receiver, and ~uch appolntment ~hall b~ rrwd~ by wch Coort as an +dmitted equity and a maner of absoiuie right to s+id MORTGAGEE, and without teferena ro the - ~dpuacy or kNd~quacy of th~ valve of the property mortpaged w ro the sonrency or insolvency of sa~d MORTGAGOR a tht defendann, +nd that such renn, profits, incan~, iasws and r~venues ~hsll be ~pplied by such Receiver accordi~p to the lien or puity of said MORTGAGEE and the practiu of such Court. 8. To duly, prompty and fully p~~form, d~xharye, e:ecute, effect, complete, complY with and abide by each ~nd ewry ths stipubtioes„ prsMnnf~. condir'rons and ooven~nn in said promiasory rwro and this mortys9e set fath. " 9. ihat In tM w~nt the ownershlp of the mort9+~ed Wemises, w any p~A tF+ereof, becomes vest~d in ~ person other than tl+s MORTGAGOR, ths MORTGAGEE, ln ~ucceswra ~nd aupns, may, without notice to the MORTGAOR, deal with iuch succsssor w wcc~ssor in interesf wirh ref~r~nu ro this mortya~ and ths debt hereby secured in the same mamer as with Mortgagor without in any way vitiatinp or dixMr9irg the Mort~+pon' liability he~r . under or ~pon tM debt her~by secvred. No s~le of the ~xcmises Aereby mwtgaged ~nd no forbean~ce on tl~e part of the MORTGAGEE or ib waesson t or su~pns ~nd no exteruan of the time fw the p~ymem of the debt hereby ucured yive~ by the MORTGAGEE w in successors w as~iyns, sh~ll opera» ' fo releaw, disthupt. modify cF?ang~ or affect tM original liability of the MORTGAGOR herein, either in whob a in put. ! 10. It h sp~cifiully spreed th~t time is of the Ksence of this oontrsct and tMt no w~iver of ~ny obligation hereunder a of tF~s obli~tion sa cured haeby ~MII at ~ny time thereafiar be held to be s waire~ of the terms hereof a of the instrwnent secured herby. 11. In add~tion to the fwego:~g monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor townanb and a9rses to p~y to mortysgee with esch monthly paymcnt an additiona~ sum estimated by mortga9ee to be equsl ro 1/12 of the annua! cost of the follow- ing: A-All real property taxes levied w assessed against the above desuibed re+l estate. B-Premivms on fire +nd windttum irnwanoe as herein requ~red to be urried on the improvements sitvate on the above desuibed premises. C-Premiumt on wch mortgsy~ ywr~nty insurance as mortgsgee shsll from t~me ro time deem fit to urry on the loan secured hereby. Mortpagee shall from time to time notify mwtgagor in writing of the amw~nt due and payabk hereun~ler snd svth sum shall thereupon bs d~e and payable on the due date of the next monthly payment and each successive monfh thereafter until mortgagee shall notify mortgago? of a chang~ in such ~mounf. Such sums shall bs applied by mortgsgee toward the payme~t of real property taxes, insurance prem~ums, and mortyage yusranfy inwrance 'f premiurm. fN WITNESS WHEREOF, the said MORt AGOR has hereunto set his hand and sesl the day and year fint afaessid. and dsl' m f: ~ ~ ` ~ , vd~.r~aQ ~ _ ~ c~--n i ne9s Ossa E Sheff r ,q ~ . ~ t-g,.~- ~ Witness M ie ShafPer ~ STATE Of eca~c I 11 ino i s ! cou~n oF Cook ~ u' OsQa E Shaffer ,~,a i dtfon en~ p~rsoe~lly spp~arcd , • : 3 Ma r i e Sha f f e r h;, w;r~, ro me ,,,,~u knp~i' •r~'~:~o:ihe to b. rhe in~vidwb dauib~d ln ~rd who exaaited the forepoing instrument, and ~cknowledged before me tMt they e~c~a+t~~1~~'flor.~h1 ~ ,herc:~ .xP,.,,,d. ,4,d th~ Ma r i e S ha f f e r P^'- ~~--+l3rsa= ~--y--- _ _ ~ - wife of HN wid ~ ~ ~Npon .~,~nfi~ ~~tjyR~ examination by me fsken separat~ and apart from her said husband, adu~owledged to and befors me thaf she executed ' K+stn~ent ~eaf~'~nd vd~+~- rorily and witF~oul ~~Y oomfn?bion, caahaj~t, ap~reFrons~a+.r w feu of or from her ~aid husbsnd. O.~ 'Ur - "F . WITNESS my h~nd ~nd offiwl tal thi: 'it O~~ ~`y""~ ` - '+D. }9~ . ~ ~'"~~-~~yl~ " ` - Notsry Public in end for the StaYt~of ~ ida•aY pi ~ ~ Ja. FILEO AND RECORDED ~°""""s'°" MAT 1~69 i ~ F~~ F~derd Savugs a~oa~+ /i?swc~at~o~ ST. LUCIE COUNTY. FI.A. o~ Fo,, PK~a. RECORD V IED ~ PK.~. F~.~ 1531 ~ '61 MAR 2 PN : ~-:-07 ~ . _-~~~~r~' ROGFP, ~•OITRaS ~ ~ CLERK CIRCUIT COURT ~ ~ ~ 800K PACE~t~.hJtJ I ~ ~ ' ~ ~ : : _ '~~{,~~,~~"4}''. s~' "~~~+'"~~~.ckr ~~ai~r..~- 3~~ i R ' _s~s :