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Home My WebLink About1099 To plac~ •nd tontinvov~ly ktep on the b~ildirgs now w I~x~a~~r ~i+wt~ on s~id I~nd ~nd on ~11 puipm~nt ~nd pasonally tovNed by this mort~ ~ge, with al) premlums thereo~ pa~d in f~ll, tir~ insuranc~ fn ~Fw usual standard policy form, in ~ fwn +pproved by iM MORiGAGEE. ~nd wi~dstam ~nsur~nc~ in ~hs uiwl s~anda~d pol~cy fam, in a wm approvad by ~he MORTGAGEE, in such company w compan7a ss th~ MORTGAGEE m+y dvect; and sll fire and w~ndstwm inwwnc~ potk~a~ on aoy of ~aid buildinpa, ~ny iMtrest therein w part 1Mrw1, in tM a~qre9~tf wm afott~aid w in axcei~ theroof, tF~all conbin the uswl standard ma~9age+ tl~vw o~ iuth otl?N claus~ as tM 1Nort~age~ may reqvin. ma?inp th~ loss ~~da uid po14 res, each and eve~y. paYabk ro iaid MORTGAGEE as ~ts intere~t may app~ar, ~nd ~ach u+d every svch poiicy ~hall be promptty au:yncd and delivKed to ~ny held by said MORIGAGEE as fu?the~ secu~ity to said ma~y+9e debt, and, not lesi tMn ten (10) days i~ advance o( ~he expiratan of cach polity, to dr ` I~ver to said MORTGAGEE a renewal thereof, Io~eii+N with a roceipt ior ~he premium of iuch renewal; a~d there shall bs no f~rs w windstorm inivranc~ ~ placed on ~ny of said b~ildi~s. ~ny Interes~ therein or pa~t thereof, unles~ in tl+e fo~m and wi~h the lou paYabl~ at a(wtsaid: +nd h+ 1FK ev~nt ~ny wm of mon~ becomes payabte ~ode~ such ~cy or poficies said MORTGAGEE shall have the opt~on to receive and apply the s+me on accou~t of tM indebted~ ness secured F~ereby o? b permit said 1NORTGAGORS to reteiw and us~ it p any parl thereof fw oihcr purposes, without th~eb~ waiving or ~mpair- t ing any eq~ity, I~en w rght undcr o~ by virtw of this morrga~e; ~nd in ~he even~ sa~d MORTGAGORS ihatl fw sny reason fail to keep the said p~em~se~ so ~ns:,red, w fail ro deliver promptly sny of said policies of insuru~te to said MORTGAGEE, a fait prompfly to psy fvlly a~y premium therefw a in u+y respect fail to periwm, discharge, execute, effett, complete, comply with ~nd abide by this cover+anl, w any psrt hereof, sa~d MORTGAGEE may plsce and pay fw such insurance w any p~rt thereof without waiviny a~ffecYup ~ny option, lien, puity, a righl under a by virtw of this Mortya9e, ~nd the full amounl of each ~nd every such paymer+t shall be imrnediately dw and payable and shatl be~r interest irom ths date thereof until paid at t!» rats ol nine per centum per annum and together with suth interesl shall be secured by the lien of this rtwrtga~e. 1. To permit, tommit or suffer no waste, impairment a deterioration of sa~d pcoperty or any pa?t theroof• S. To pay all snd singutar the costs, charges and exFanses, includinp s ressonsble +nwneY i fee snd costs of abstrscts of title, incurred w piid at any time by said MOltTGAGEE, becauu w in the went of the failure on the part of Ihe said MORiGAGOR to duly, p.ompNy u+d fully perfwm, d~scharye, execute, effect, complett, comply with and +b:de by each and every the uipulations, agreements, conditions, and covenann of said promi:sory note and this mortgaye a~y w eithe~. and sa;d coats, cMrges ~nd expenses, each and every. shall b~ immediately due and paysblr, whether a not thero be r.otice de~ mand, anempt to mllect or suit pe~?di~g; and the full amouM of esch and every s•xh psyir.ent shall bea. interest from the date thereof umil paid at the rare of nine pcr centum per am~um; and all said costs, charges and expenxs incvrred ar paid. ~ogether w~th wch inte~es:, ''+all be secured by the lien oi t6a mortg~ps. 6. Thst (a) in the event of any breach of tha Mortga9e w defau~t on the part of the MORTGAGOR, w(b) in the evcnt u?y of sa~d svms of money herein referred to be not promptly and fully paid within thirty (30) days next afte~ the same severatly betome due snd p+yable, withoul demand w notice, or (c) in the event each and every the stipulations, a9reements, condifions and cove~ants of sa~d p~omiuory note ar+d th~i mongaye any a ~ither are nol iufy, promptly and fully pe.fwmed, d~xharged, executed, eifected,rcompkted, complied wilh snd abided by, the~ in eithe? w any wch event tM said aQ gregate sum mentioned in said F~om~ssory note then remaining unpaid, with interest accrued, and all moneys secured Ixreby, shall become dw and pay~ able fwthwith, a thereafter, ~t the option of said MORTGAGEE, as fully snd compktely as ii all of the w~d sums of money were aiginally stipulated ro 6r paid on such day, anything in saEd prom~uory note w in this Mottgage to the contrary notwithstanding; and thereupon or tntreafter a1 the option of sa~d MORiGAGEE, w;thout noNce w demand, su~t at law or in equity, therefwe w there+iter begvn, may be prosecuted as if all e~o~eys secured hereby had matured pnw to its institution. 7. That in the event that at the beginn7ng of or st any time pending any suit ~pon this Mwtgage, or to fweclose it, or to reform it, or.to enfwcs paymem of any cta~ms hereu~der, said MORTGAGEE shall apply to the Court naving jurisd~uion thereof fw the eppointment of a Reteiver, such Co~rt shall ferthwith appoint a receiver of said mwtgaged p?operty all and singular, intlud~ng all and singular the income, p?ofits, issves and revenues from whatever source derived, each a~d every of which, it being exp?essly understood, is hereby mw~gaged as if spetifically set forth and described in the 9~anling and habendum clauses hereof, and such Rcceiver shall have alt the broad and effective furxt~ons and powers in ~nywise eMrwted by a Court to • Receiver, and :~ch appointment shall be made by such Covrt as an admitted equity and a mat~er of sbsolute righ~ to said MORTGAGEE. ~nd without re(erence to ths adequacy o~ inadequacy of the value of the propery mortgage~! w to the solvency or insolvency ot said AM1ORTGAGOR w the defendants, and that such ~e~rs, profin, income, issues and rerenues shall be applied by such Receiver accurd~ng to the Gen u equity of said MORTGAGEE ~nd ~he practice of such Ccurt. 8_ To duly, promptly and fully peaiwm, d'acharge, execufr, effecf, complete, comply wi?h and a5~de by each and evcry the stipulafions, agree~nenb, conditions and covenants in said promissory rate and th;s mortgage xt forth. 9. That in the event the ownershlp of the morigaged premises, or any part the~eo~, becomes vested in a penon other than the MORTGAGOR, the R",ORTGAGEE, its successon and assigns, may, wi~hout notice to the MORTGAOR, deal with such successw or wctrssor in interesl with reference to this rnortgage and the debt hereby secured in the same manner as with Martgagor without in any way viliating or dixha.,~ing the Mortgsgors' liability here- :,~der or upon the debt hereby secured. No sale of the premises hereby mortgaged and no iorbesrance on the part of the MORTGAGEE or iri successors or assig~s a~d no extension of the time fw the payment of the debt hereby secured given by Ihe MORTGAGEE or its s~ccessors w assigns, shall operate ro releau, discharge, modify change w affect the wigioal liab~lity of the N10RTGAGOR herein, either in whole or in part. 10. It is spedfica~ly agrecd thaf time is of the csunce of this contract and that no wsiver of any obligation hereunder or of tF~e obli9at'an se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof u of ihe instrumeM secured he?by. 11. In add~tio:? to the forego:~x~ monthly payments of prin~ pal and interest requ~red by the prom~ssory note secured hereby, mortgagor tovenanfs ar.d agrees to pay to mortgagee with eaci~ monthly payrnent an addirional sum estimated by mortgagee fo be equal to 1/12 of the annual cost of the follow- ir~ • ~ A-All real property taxes levied a auessed against the above deuribed real tstate_ B-Premiums on fire and windstwm insurance as herein requ~red to be carried on the improvements situate on the sbove described ptemises. C-Premiims on such mortgage guaranty insu:ance as mortgagee shall from t~me to time deem fit to carry on the bar: secured hereby. Mlortgagee shall from time to time notify mortgagor in writing of the amoum due and payable hereunder and such sum shall Ihereupon be due and F ayable on the due date of the next monthly payment and each svccessive month thereafter urtil mortgagee shall notify mortgago~ of a chanQe in such a~:o~nt. Such sums sF.al1 be applied by mortgagee toward the payment of real property faaes, insurance prem:ums, and mortgage guara~ty insurance ~ ;..emiums. ~ IN WITNESS WHEREOF, the uid MORTGAGOR has hereunto set his hand and seal 'the day ~nd year fint afwesaid_ ~ Signed, Se d and ivered in the presence of: . •n rc--n - STATE OF FLORIDA ~ St. Lucie courvrir ~ Before me personally appeared Marv in H. Sm i th .,,a Roberta T. Sllllt his wife, to me well known and known ro me to be rhe individwls described in and who executed the fwe9ar?y instrument, and ackrawledged befo?e me that they executed the same ior the purpoaes rh~~e~n expressed. Md the sa~d Roberta T. Smith w~fe of the said Marvin H. SIDlt}1 vp«~ a separate ~nd private ~ examinstan by me talcert sepsrate and apart from her said hvsband, adc?wwledged to end befcxe me that she executed ssid instrumer?t freely and volum ~ rar~ly and without any compulsion, constraint, spprehens'an, or feu of w frorn her said husband. ~ WITNESS my hand snd official seal this dsy of JU 1 A D. 19 6 7 ; ~ ? Notsry P in snd fw the State of Fforida at lupe ~ My usion expires: Return To: . - i r Finf Petkrs) Sevingf 3 Losn Association ..tt~~ltll~:t.,: ,-lp~~ P;.~:tic, State of Florida at large Of Fort P:erce. ` t~~S ,,a~'': .i Cc:;r.~.issiar. Ex-'~es ~iug. 6, 19T! Fort Pierce. Florida i.•••••••••• ~',i bor.e~c Lr Aa,.ricao Fn8 Gw~rir Cg~ ` ~Q~~.• ~ r ~~D~= • Q v . Ft~U~ E COUMTY. o1.A~`': Q-~ S?~RECORO VEF:IFIE ;-r ; S ~ : o 1583`73 . J : . - 3 • 0~ '6i JUl 21 PM ~ ; - ~ i~~;:r•~:~:•+'.'. RO~,ER ?01?R~s ( 0 R C~ERK CIRCUI? ~ ~+~r ~ . BOOKIV / PACEIO~ ~ ~ . , ; y, _ ~P= - - - - ~ ~ ~