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Home My WebLink About1253 To ptsa and contin~ovsly keep on tM b~itdinps now a h~r~~ftK utw~s on said land a~! on alt equ~pm~nt ~nd pasa+ally oov~ed py tAis rt~ortp~ . ~ge, w~th ~11 premiumi thereon p~~d ~n full, f~ie ~niuranct in tM ~sual ~urdard poiicy form, in • ium app~oved by the MORiGAGEE, a~d wind~tam ~niuranc~ tn ths uswl sundard poGCy fam, in a wm approvcd by ~he MORTGAGEE, in such company w companias a th~ MORTGAGEE may ~ d~rec~t ~nd all fir~ ~nd winds~orm iosuranc~ policiei on ~ny of iaid build~nps, ~ny imwe~t therein o~ part ther~of. i~ tM a~~e9~t~ sum afor~iaid or tn exc~q Ihtreof, thall coroain the usuai sta~dard morrgage~ cl~~ w such aher cl~us~ u t1+~ Ma~gagee m+y rpuu~. ma?inp IM bu w~dtr u~d po~4 dee. e~ch and every. paYabk to said MORT6AGEE as ih intere~l may appear, and each and every suth pol~q shall b~ p?omptly asa:yned and deliv~red to any htld by said MORTGAGEE as further seturity to ssid mat9ag~ deht, and, not I~u than ten (10) days in advance oi tM expiratan of each policy, to dr i~~er to said MORiGAGEE a re~ew+l thereof. tope~l+K with ~ rece~pt fw ~he premium of such renew+l; and there sMll bs no flrs o~ w~ndsiam inwr~nce plsced on ~ny of sa~d buildings, any interest therein or part thereof, unleu in the iam and w~ih tM loss payable as ator~uids +~d in the event s~y sum of nw~y becomes p+yable unde~ such policy or pol~cies said MORTGAGEE sF+~ll haw the option to receive and ~pply the s+me on accounl of tM indebted~ nesi ietwed he~tby w ro permit said MORTGAGORS to rKeive and uss N or any part lhereot fw othcr putposes, wilhout ~h:.eb,r waiving w~mpair- ing any pv~ty, lien w right u~de? or by virtue of this mo:29age; ~nd ~n the ~vent a~id MORTGAGORS ~hall fo? any reason i~il to keep the said premises so insured, or fail b deliver promptly ~ny of uid policies of insurance to said MORTGAGEE, w fail promptly to pay fully sny promium thercfw w i~ ~ny respect (ail to pe.torm, discharge, execu~e, effect, complete, complY with ~nd abida by thia covenant, or any part hereof, said MORTGAGEE may pl~ce snd par for s~ch inwrancs or any parl thereof without wa~virq w sNedirg sny option, lien, equity. o? right undet w by virtue of this Mort9sye. ~~d the full amount of each and eve~y such p~yment shall be immediately d~e snd payabla and shall bear interest from ths d~te thereof ~ntil paid at the raro of nine per tentum pet annum and togetArr with such interest shall be setvred by the lien of fhis mortyage. ~ j 1. To peemit, commit or wffer no w~ste, impairment ot detHiwatio~ of ssid property o? a~y paN thereof. ~ 5. To pay all a~d singulu the cost~, chuges snd expenses, includirq a reason~bte attorney's fee snd costs of abstratri of title, incvrred w paid ~t any time by said MORTGAGEE, becsuse w in the evem of the iailure on the pa?? of ths said MORTGAGOR ro duly, pranptly ~+d fully perfwm, d~ichar9e. execu?e, etfecl, cvmplete, comply w~th and ab:de by each and every the stipulations, sg~eemenn, cond~tions, and covcnann of said promiuory note and thii mortgape any or eithe?, and sa~d costs, thsrgp and exper?ses, each and every, tMll be immediately due and psyable; whelher or not there be aotice d~ ~ mand, attempl to collect w suit pending; and the fvll smouM of each and e~rery wch paymeM shall bear in~erest from the date thereof until paid at the ra~e of nirK per centum per snnum; and all said costs, charges and expenses inc~rred or paid, Iogether with such intcrest, shall be securad bY ths lien of tha morrpsy~. Q TF?al (a) i~ the eve~t of any breach of this Matgspe o? default on the part of the MORTGAGOR, a(b) in the event any of saEd swns of money herei~ referred to be not promptly and fully paid within thirty (30) days neal after the same uveratly become dve and payable, without de+rwnd Or not~te. : or (c) in the eveM each snd every the sliputations, agreements, conditions and coveeNOts of ssid promissory note and this matg~ge +r+y o~ eilher are not ~ ~uly, promptly aod iully performed, d~scha~ged, executed, effected, compkted, complied with and abided by, then in aitha or any svcb event tM s~id aQ gregate sum mentioned in said promissory note then remaining unpaid, with interest atuued, and atl moneys secured hercbY. sh+~~ become dw a^d P+N' i ab'e forthwith, or thereafter, at the optiw~ of said MORTGAGEE, as fully and tompktely as i( all of the said wms of money were aiyinally aGpulated } to be pa~d _on such day, a~ything in sa:d prom~ssory note w in this Mutgage to the contrary notwirhstanding; and therevpon or there~fter at the option of ~ sald MORTGAGEE, without notice or demand, suit at law w in equity, therefore or thereafter begvn, may be {xosecuted as if all moneys secvrad hareby had mstured pnor to its institution._ 7. Tha~ in the event thal at the beginning of or ~t any time pe~ding any wit upon this Mortgage, or to fweclose it, w to reform it, o? to enfwce i Payment of any cla~ms hereunder, said MORTGAGEE shall apply to the Court hsvirg juri:dtction thereof for the appo~ntment of a Recaive~, wch Court sF~all ~ forrhwith appoint a receiver of said mortgaged property all ar~d singvlar, includmg all and singular the income, pro(its, issues and revenue~ from whatever i source derived, each and every of which, it being expreuly understood, is hereby mor~gaqed as if spetifically set forth and destribed in the yranting and habendum clauses hereof, and such Receiver shall have all the broad and efiective funct~ons and powers in anywise entrusted by a Court to a Receiver, and a~ch appointment shall be made by such Cou~t as an admitted equity ~nd a maner of atxolute rigM fo said MORTGAGEE, snd without reference ro the eJequacy oi inadequacy of the value of the properry mo?tgaged w to the wwency a insotverxy of said MORiGAGOR a the defendants, and that such rems, profits, incort~e, iuues and revenues shall be applied by svth Receirer xcording to the lien or equity of said MORTGAGEE end the prattite of such : ~ Courf. - - 8. To duly, promptly and fully perfam, discharge, execute, efiecf, comolete, comply wi~h and abide by each and every ths stip~btions, agreements, conditioro ard covenants in sa~d promissory note and this mortgsge set fwth. 9. That in the evcnt the ownership of the mortgaged premises, or ariy part thereof, becomes vested in a pe?son other thsn the MORTGAGOR, 1he MORTGAGEE, its succeuors and auigns, rt+sy, without ratice to the MORTGAOR, deal with such successor w successw in iMerest with reference to this mo~tgsge and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating o~ ~uharging the Mortg~gers' lisbility hert under or upon the debt hereby secured. No sale of the premises hereby mor~ga9ed snd no fwbearance on the part of the MORTGAGEE w itf svttessws i or ass~gns and no extens~on of the time fa the payment of the debt hereby secured given by the MORTGAGEE w its s~rccessors or assigns, stwll ope~ate ~ ro releax, d~scharge, modify charge a affect the wginal liability of the MORTGAGOR herein, either in whole w in part. 10. lt is specifically agreed that time is of the essence of this contract aod that no waiver of any obligation hereunder or of tF~e obl'~gaYan sr ; cured hereby shall at any time thereafta be held to be a waiver cf the lerms hereof or of the instrumeM secured herby. 11. In additio~ to the forego'ng monthly payments of princ"pal and interest required by the promiswry note secured hereby, mortgagor covenanis ~ ' and agrees to pay to mortgagee with each monthly payment an addiranal sum estimated by mortgagee to be equal to 1/12 oi the annual cost of the follpw- ~ ing: A-All real property ta:es levied or assessed against the above described real estate. B-Premiums on fire and windstorm inwrance as herein requ~red to be carried an the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t:me to time deem fit to carry on the loan secured hereby. Nlwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum sFwll thereupon be d~e and ~ayable on the due date of Ihe next monthly payment and each successive month thereafter urtil mortgagee shal) notify mortgagor of s change in such ~ aR~ount. $uch sums shall be applied by mortgagee roward the payment of real propeAy taxes, insurante prem:ums, and mortgage guaranty insurance premiums. ~ i ,li WITNESS W EOF, the id MO GAGOR has herpunto set his hand and seal the day and year first afwesaid. ~ Signed. Seal i ~ e of: ~i ~Gv~~ / T ~ /1. _ (c"4 n ~ ~n rs~.n . SiATE OF FLORIDA ( . 1' i ~ St. Lucie f _ t ~ couHn oF . - - ~ ~ ' = Befwe me personally appeared R i CharA C= Se2~R fer ~ `_T a~?d_ Ka thl9 en ehae f er h„ w;r~, io me ,~,en knrn~~~ ~r+a kvow~ ~~-~o b•- the individwls dexribed i~ snd who exec~ted the foregoing instrument, and acknowl~ ed before me that they exewted f}a~same )w 4he 'p'arpoie~l= Kathleen Schaefer - ~ ~ ' therein exprcued. And the sai ~ , Richard G. SahaePer , ,t.•,~ w.;: „v~(e of the said ~ ~?R~P P~ examinsYron by me taken ceparate and apart from her said husband, adcnowledged to end befwe me that she executed said insfrunAeqt ~te~e1~T an~ volum tar~ly snd witho~?t any compulsion, constraint, appre on, e~ear of a from her said Iwsbsnd. ; JUZ A. D. 19~ WITNE55 my hand ~nd official seal thin~~ d°y ~ ~ . Notsry Public in and fw tF~e State of Florida at l~rye . . MY Commisiion expires: , ~ Retum To: • Fint Faderal Ssvings 3 loan Association i Of Fon Pie:ce. ~p f~Dib'Y ~ ' . " - . , •t I.ARGE s Foq Pie~ce. FI«ida ~,~Q R~CVnQ~.D r' i: . JL , 2:~. 1968 ~ ~ AE COUNTY. F~A. B~t.~~~ : ~ . . S?. LUC VERIFIED ~ RECOao . „ a y `l ~ 1584'74 26 '6T JUI. 25 PM 3 ~o~~ ~oc,~~ C1,.ERK C11tCU1T CO~R'T ~ ~ ~ ~ ~ S~~ROK ~U~ PAGE~L~~JJ ~ . , i- _ _ - - r - - - - - - - y ~ ~ ~