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Home My WebLink About1666 1 , . ~ To p1ac~ +nd continua,sly keep on the bui~d~ngs ~ow w I+ereaft~r utu~te o~ iaid land ~nd a+ ~11 equipn~M ~e~d pa.son~lly oovK~d by thi~ nw~fp~ +p~. with all p~emiwns thaeon paid in full, fi~e insurance ~n ~M uiual ~~andard policy form, in a swn ^PProvsd bY tM MORT .GE~RTW1GfE ~y inuxa+ce tn ~M vsual uar~dard policy fam, in • sum approved by ~he MORTGAGEE, in wch compa Y o~ cw~P~^'~s d~nctt ~~d all fire +nd windstorm insurance polrc~es on any of said b~iid~nps. ~ny inttr„t therein ot put tMr~of, in tM ~.eyar~ swn ~fa~s+3d o~ in ~xceu the.eof, shall contain tAe usu~l standud ma?gages ciwse or sucl~ other cla~s~ +s tM Mor~yp~e n?+Y rpv'u~, m~kinp tM loss ~nd~i s+id po~F ciss, tach and evay, payable to said MORTGAGEE as ~~s interest may ~ppea~. a~d tach u~d ~very such po~iq sM~~ b~ P?omPNY +ss.y^sd ~^d d~~"rs~~d ro any Mid by sa~d MORTGAGEE ss tu.tAer secu~ity ~o said mortgage debt, and, not less than ten (10) d+ys ie~ advana of ~M ~xpiration of ~ach po~~t11. to d~ liver to said MORTGAGEE a renewal thereof, tope~Mr wi~h a receip~ fw the premiwn ot svch rMew~lJ snd thKe shsll b~ no fire or wi~+dstwm insur~~+u plaad on ~ny of said bvildings, any interest tlurein or pari the~eof, unless in ths fo~m ~nd with ti+~ loss pay+bl~ as aforeuid; snd in tM ~v~nt sny ~wn of mor»y becomes psyable .?nckr such poiicy o~ polKies said MORTGAGEE shall hav~ ~h~ optio~ to raceive and ~pply the ~+m~ on accoun~ of tM lnd~bted~ neu secvred hertby w to permit said MORTGAGORS ~o receive and us~ it p any part thereof fc~ other pwposes, withouf Ihe~eb~ waiving o~ ~mp+n' inq u+y eqv~ry, lian or r'~yht unde. « by virtue of this mo::y~ge: u~d in the event said MORTGAGORS sMll fa u?y ~eason fail to keap th~ s~id pneuses so insured, w fail ro deliver promp~ly ~~y of said polKies of insvrance to ssid MORTGAGEE, or fail promptly to p+Y fi+~~Y ~^Y P«mium the~efw or in ~~y respect fail ro perfwm, discharge, executs, effect, complete, comply with ~nd abide by this covenant, w any part herwf, s~id MORTGAGEE may p~~c~ u+d p~Y fw tuch inwrar~ts or sny part thereof without waiving or ~ffectirq ~ny option, litn, equity, or ri9ht undN a by virtve of this Mortpspe, and the . full amount of each a~d every suth payma+t shall be immediately dw and payabk and sh~ll bear interest fran tM dat~ thereof until p~id at tl+~ rat~ 01 nine per tentum per annum and to~ethxr with suth interest sMll be secvred by tM IiM of this mott~a9t. 1. To permit, commit or wffa no waste, impairment w deteriontiw~ of said propaty or any p~A thereof. 5. To psy all snd singulsr fhe cosb. charges ~nd expcr?ies, includinq a resson~bte attwney's fee and oost~ of ~bstr+cts of titl~, incunod or p~id N any time by said MORTGAGEE, beca~se or in the event of the failu~e on ths psn of tM :aid /NORTGAGOR to duN. Wo^'Pt~ll +^d w~~Y P~a"~ d'~ro~ execute, effect, complete, canply with and +b:de by each and every the stipul+tions, ~reamenn, cond~rions, and oov.n~nn of ~.id prom~ssory noa ~nd ~ha mortg~e any or either, and said cosn. charges and expenses, esch and every. shall be immediately due and p~y~bl~i wl~ether or not tMr~ b~ ratit~ d? msnd, ~ttempt to collec~ w wit pend~ng; aod the fvll amounl of each and rvery wch psyment shall bear int~raf from tM dat~ tFweof until paid a1 the rate of nine per cemum per annum; and all said msts, charges and expenses incurred or paid, together with such intsrNt, sMl) b~ sKUnd by tM IiM of tha mortpspe. b. That (a) in the event of any breach of this Mortgsge w default on the pan of the MORTGAGOR, or (b) in tM ~wnt ~^Y of s~id sums of nwMY herein referred to be nol promptly and fully paid wirhin thirty (30) days ~ext after the same uverally becane dw and pay+W~, wilhout dem~nd o? notk~, or i~ the eveM each ar?d every the sripulations, agreemenn, conditions a~d covenann of a~id promisso?y note and this motf~a~e any w eitlMr an'nol ~uly, promptly snd fully perfamed, d~stharged, exetuted, effected, tompleted, tomplied with ~nd ~bided by. tMn in tithM et a~ryr ~ucF~ ~vMf tM s+id ap~ gregate wm menYaned in said promissory note then rert+sining unpaid, with interest xuued, ~nd all moneys sttv~~d. h~r~6Y. aM~~ b~aortK dw a~d P~N' •bb fathwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said t~nis of momy vwr~ otipin~lly stipulat~d to be paid on suth day. anything in sa;d promiuwy note or in this Mortg~ge to the tontrary notwithstandinp: and 1Mrwpon o~ tlwreaftK at tM Optiaf of , ssid MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter b~un, may b~ praucut~d a If d~ ma~tY~ ua?nd M?~by had rn~tured pr~or to its institution. 7. That in the event that at the begi~ning of w at any time pending any wit vpon this Mwtp~, a to ~ohtloN It, w fo nform h, w to ~nfwc~ payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having jurisdiction therwf fw tM ~ppoinFmint of ~ R~ctive~, tuth Ca+rt shall forthwith sppoint a receiver of sa~ mortgaged p?operty all and singular, includ~ng all and singul~r the inconN, prOfits, luws ~nd r~vMUea from wMt~vK source dtrived, each and every o which, if being expressly unders?ood, is hereby mortgaged as if ap~tifiully Nf'fath ind dswib~d in t1~i p~~ntinp ~nd habendum cla~ses hereof, and such Receiver shall have all the brwd and cffective functions and powen in anywise ~ntruat~d by a Gourt tQ ~ Rtpiv~r, and such appointment sha~l be made by such Cou~t as an admitted equity and a rtytter of ~bsolute right to said MORTGAGEE, and withouf r~fer~nt~ to fM adequacy w insdequacy of the value oi the propesty mwtgaged w to the solvency w insolvency of wid MORTGAGOR a ttM defendantb and that such : rents, profitt, income, iuves and revenues shall be appliad by such Receiver sccordinp to the I'~en or puity of said MORTGAGEE and the practic~ of such ; : COUff. ~ 3 8. To duly, promptly ~nd fully perform, dischargs, execute, cffect, tomplete, tomply with and abide by sad~ ufd ~wry th~ stipulations, pre~msef~, ~ conditioro and cove~ants in said promissory note and this mortgage set fath. ~ 9. TFWt in the eveM the ownership of the mortgaged premises, a any part thereof, becdmes wsted in a p~rton other fh~n fhe MORTGAGOR, fl» ~ MORTGAGEE, its successors snd auigns, msy, without notice fo the MORTGAOR, dNl with such sucussor or ~psso? in i~lere~t w~~h nfer~nte to thb morlgage and the debt hereby secured i~ the same manner as with Mwtgagor without in any way vitiatinp o~ d'nchuqinp the MwtpayOrs' Ifabilify htrr ~ under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbsarante on tIN p~n oi tM MORTGAGEE w ha wccessor~ ~ or auigns aod no eatension of the time fw the payment of the debt hereby secured given by the 1NORTGAGEE w ib s~ttetsors ot ~uipns, sl»~I op~nt~ ro rekase, discharge, modify change or affcct ~he original liability of ~he MORTGAGOR herein, either ia whole ot in put. 10. It is speufically agreed that time is of the essence of this contract snd that no waivar of ~ny obli~~tion h~re~rnder or of tM oblipation sr cured hereby shall at any tune thereafter be held to be a waiver of the terms hereof or of the instr~ment secw~d h~?by. f ~ 11. In additio~ to the fwego:rx~ monthly paymems of prin~ pal ar?d imerest reqvired by the promissory no?e setured hereby, morfy~gw toven~nb ? and agrees to pay to mortgagee with each monthly payrnent an add~~ional sum est~mated by mortgagee to be eqwl to 1/12 of the annual cost of th~ follow- A-All real property taxes levied or assessed against the above described resl estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemenb sitwte on the abov~ d~suibed pr~tnis~s. C-Ptemiums on such mortgage guaranty insurance as mortgsgee shall from time ro time deem fit to urry on th~ loan secured her~by. Mwtgagee shatl from time ro rime notify rtwrtgagor in w.iting of the amount due and psyabk hereunder u~d svch wm ihall fMrwpon b! dw ~nd payable on the due date of rhe next monthly payment and each successive month tF~ereafta until mortgsgee shall notify mortgsgor of a cMop~ in s~th amount_ Such sums shall be applied by mortgagee toward the payment of resl property taxes, inwrance prem:ums, ~nd mor~yape ywrMfy inwrants premiums. IN WITNESS WNEREOF, the said MORTGAGOR has hereunto sef his hand snd seal the day yNr finf ~forpaid. Signed. Se ed and 1'vered in the presence of: ~ , . ~ - fs"~ ~n STATE OF FLORIDA ~ SS. cQUr~n oF S t. Luc ie Befwe me personally appeared Dora Wyehe Sargent, i~ined by her -husband ~ LeMo~ne Sa2'gerit xhYi7Wk~ to me we11 known and known w me to b~ the individwls desuibed ia and who executed the foregarg instrurt~ent, and ackrawledped before me that they executrd tF~e ssms fo? the p~?rpwes rher~;,, ~xpressed. ,4nd ,he sa;d Dora Wyehe Sar_gent wife of tF,e said LeMoyne $~Y'gellt _ ~pon ~~rate and privat~ examinsYwn by me taken separate and apart from her said husband, adcnowkdged to and befwe me that sfie s:ecuted said instrument freely and voluit tarily and witF~o~rt any compulsio~, constraint, apprehension, fear of or from her said husband. ~~7 WITNESS my hand and official seal this 3~ dsy of Au 9 t' A. D. 19~_ Notsry P in ~nd for the State of Florida ~t latp~ My ;.s~, GG L~,~. L i~67 aeturn To: fint federal Savings d. Losn Association • Of Fort Pierce. • • ~ Fort Pierce. Florida ~ ` . _ ,~j - FILEO AND R ~ . ~ ~ ECOR : ~ ~ r: ~ ST. IUCIE COUNTY E ' = . _ ORp VEi~IF1E~_ ' . ' ~ - . .r:. r% ~%a~a ~%1~ , . • ~ - ~ ` : ; ~ . . '6~ AUG 3 PM ~1: j"'~:~~o~ 158'753 ~ ~ ~ ~ . CLERK C RCUIT COUR' ~+~s 800K~U~ PA~~ ~~UU ` ~Q- ~ ~ 5~ r'.~ ~-;~r~~ ~ ,~v _ -m ~ ~:T;~,~ - -