The URL can be used to link to this page

Home My WebLink About1668 ~ . , To piec~ and continuously keep on ihe bui!d~ngs now or hsre+fter situate o~ said I~nd and oe? ali equipmsnt ~nd paion+lly coversd Sy this mortQ~ > ege, w+th all premivm~ the~cw~ pa~d in full, fire insurance ~n ths usual atandard poticy (am, in s tum approved by ehe MORiGAGEE, and windstwm ~nsurance in N+e ususl standard po1~cY fam, in + sum app~ovad by the MORTGAGEE, in such company w tompanies ~s U+s MORTGAGEE may directj and atl fire and windstorm insurante po~iues on any of said build~nps. ~ny inlerest therein or part thereof, in Ih~ agg~e9~te wm sforeiaid or in exceu thcreof, ihsll contain the usual standard matgagee clsuse w such other dause ~a 1M Malgagee may ~equ~r~, makinp the Iou unde~ sa~d poli- ha de~, each and eve?y, payable to said MORTGAGEE as its inierest may ~ppea?, and each and every such pot~q shall be promptly ~u.gned snd de~ivered M , eny held by iaid MORTGAGEE as further security to'said mor~gage debt, ~nd, not ~ess Ihan ten (101 days in advance of the expiration of each policy, to dr liver to iaid MORTGAGEE ~ re~ewat thertof, to9ethtr with a receipt fw the prr.nium of such ~enewal; and thers shall be no f~re or windslorm i~sur~nc~ ; placed on any of said buildings, any interest tFurein or part thereof, unless in the form snd with the loss payable as a(aesaid; and in the event any wm of mon~y becomei payable o:~der such policy or pol~c~es iaid MORiGAGEE shall have the option to receive and apply the same a+ accounl of the indebled- ness secured hereby w to pe~mit said MORTGAGORS fo reteive and use 11 w any part thereof for othcr purposea. w~thout thsriu/ waivi~y or ~mpair- ing any equity, lien a ri9ht u~der a by virtue of this mo:sgage; and in the event said MORTGAGORS shall for ~ny reason fail to keep the iaid p~emiirs so ~nsured, a fail to delive~ promptly any of said polKies of insurance fo sa:d :WATGAGEE, or ~•o~r~~~ u+ Pay fully sn~r p~cmium therefor w in ~ny respec+ tail to pertorm, discharge, execute, eifect, complets, comply with and abide by th~s coverwnt, or any pa~t tureof, sa~d A~CiRTG.~GEE may place and pay fw suth insurar~ce ot any part thereof wirhout waiving w ~ifedirg any option, lien, equity, or right unda w by virtue of this Mwtgage. +nd tht full amaun~ of each a~d every iuch paymem shaN be immediately due ~nd payable and shall bear interest from the date thereoi until paid at the rate of nine per centum pe~ annum and together with suth interest shal{ be secured by the IiM of thii mortgag4• 1. io permit, commit w sut(er no waste, imp~~rment or deterioration of said property w any part thereof. S. To pay all snd singular the costs, charges ~nd expenses, includiny a reasonable attorney i fee and cos?t of abstracts ot title, incurred w_pa~d at ~ any time by said MORTGAGfE, because a in the event of the faiture on the part of Ihe said MORTGACaOR to duly, promptly and fully perform, d~stharga exxute, effect, complNe, comply with and ab:de by esch and every the stipulations, sgreements, conditions, and mvensnts of said promissory note and th~s ~ rrortgage any a e~ther, and sa~d costs, c!wrgea a~d expenses, each and every, shall be immediatety due and payable; whether w not there be r.otice d~ # mand, attempt to colkd w suit pend~ng; and the full amount of each and every such payment shall bear interest irom the date thereof until p~id a1 the i ra~e of nine per centum per aonum; a~d all srid costs, charges and expeoses incurred or paid, togefher w~th such inte~est, shall be secured by the lien oi this 3 mort9age. ' 6. That (a) in the event of any breach of th~s Mortgsge or defavlt on the part oi the MORTGAGOR, or tb) in the event ~ny of said wms of money herein referred to be not prompfly and fvlly paid within Ihirty (30) days next aiter the same severally betome due and psyable, wilhout dem+nd w notice, or (c) in the event each a~d every the stipulations, agreeme~ts, conditions and covenants of said promiasory note arxl th~s mortgsge any a either are not iuly, promptly snd fully performed, d~uharged, executed, effected, completed, complied with and abided by, the~ in eithe? a any such evsnt the said ag gragate sum mentioned in said promissory note then remaining unpaid, with interesl accrued, and atl moneys secured hereby, ihall becwne due and psy- abie fathwith, a thereafter, at the option of said MORTGAGEE, as fully ar+d comptetely as if a:l of fhe said wms of money were wiginally sttpulated to be paid on such day, anything in said promissory note w in this Mortgage to 1he contrary notwithstanding; and thereupon a thereaftyv at the option of sa~d MORTGAGEE, without ~otice w dert+and, suit at law or in equity, therefore or tAereaiter begun, may be proseculed u if all maxys secured F?ereby had matuted pnor to its institution. 7. Thst in the eve~t that at the be9i~ning of or at any time pending any suit upon this Mortgage, or to foreclose It, a to rcfwm it, a to enfwce payment of any claims I+e?eunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appointment of s Receiver, such Court shall for~hwirh appo~nt a receiver oi said mortgaged property all ard sirgular, includmg all and sir.gvlar the income, p?ofits, issves and revenues from whatever sou:ce derived, each and every of which, i1 beirg expressly unddstood, is hereby mortgaged as if spec~ficalty set forth and dewibed in the granting and habendum clauses hereof, and such Receiver shalt have all the kxoad and effective funct~ons and powers in anywise entrusted by s Court to a Receiver, and s: ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reterente to ths adequacy or inadeqvacy of the value of the property mortgaged or ro the soivency w insolventy of said MORTGAGOR a the deFendants, and that such re~rs, profits, income, issues a~d revenues shall be applied by such Receiver accord~ng to the t~en or equity of ~aid MORTGAGEE artd the pradice of i~ch Court. 8. To duty, promptly and (vlly perform, d~ttharge, e:ecute, effect, complete, comply with and abide by each and every the stipulations, agrcements, conditiom and covenants in sa~d promissary note and ~his mortgage set forth. ~ 9. That in the event the ownership of the mortgaged premises, or any part ihe~Mf, becomes vested in s penon ofher than the MORTGAGOR, the h10RTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such s~icceuor or successor in interest with reference to this ~ morrgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitisting or dixharging the Mortgago~s' liability here- ~rde~ or ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearante on the part o( the MORTGAGEE w ita suttessors vr assigns and no ex~ension oF the time for the payment of the debt Fv_~reby secured given by the N1~RTGAGEE or its succeasors w assigr», sitiall operate ro releax, diuharge, modify thange or affect the orginal liab~lity of the MORTGAGOR herein, either in whok w in part. 10. It is specifically agreed that time is of the essence of this contrsct and that no waiver of any obGgaYwn hereunder or of fhe obligation sN ~ cvred hweby shall at any time tMereaiter be held to be a waiver of the terms hereof p of the instrumeM secured Frcrby. 11. In add~tio~ to the forego:ng monthly payments of princ"pal and interest required kt~t. the promissory note sewred hereby, mortgagor covenants and ag~ees fo pay ro mortgagee with each monthly paymem an add~rional sum esurr.ated by mortgagee to be equal to 1 j 12 of the annual cost of the iollow- :::y: _ ~ i A-All real property taxes levied or assessed against the above described reaf estate. i 8-Premiu~ns on iire and windstwm insurance as herein requ:red to be carried on 1he improvements situate w+ the above dascribed premises_ ~ j C-Premiums on such mortgage guaranty ir.surar,~e as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. # j Mortgagee shall from time to time notify mwtgagor in writing of the amount due and payable F~ereunder and such sum shall thereupon be due artd i ' ~.svable on the due date of the next monthiy payment and each successive month thereafter urtil mwtgagee shall notify mortgagw of a change in such ~ ~ a~,ount_ Such sums sF.all be applied by mortgagee toward the paymeM of real property taxes, insurante p~em~ums, a~~d morfgage guaranN insuraMe ~ F?~emiumS- ' ; IN WITNESS Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a ar irst afwesa~d. ~ 5' , Seal d and deliver in 1 resente of: ~ ~ ~ ~ ' al] ~ e . Alice Zac e , a v~ ow ~.q ' (sea~) ~ w i i i S i ATE Of p~. ~ FLORIDA: 1 S5. couun oF St. Lucie i - Befote me penonally appeared Aliee Zachery, a widow ~ to me well known and known to me to be tha individual~ desuibed in and who executed the foregang instrument, and atkrawkdged before me thatghe~ executed the same for the purposes therein exp~efxd.- ' - ?iSm[l~d WITNESS my hand and official seal this ~d day of Au _ St_ ' A, D. 19 67 ~ - , Notary Public in and for t State ofd~±d~,p.t~,L~r~e My Commission expires: r lvrl ~.~!tt; , Return Ta ~~a•' • 'r. first Fedaal Savi~gs 3 loan Associatan ~~t: ~ 1'~otiry PN~K, slal! O~ AOfI~ it ~i1Q! of Fo?~ P~erce. ~ ~t ~ ~ ` _ ' .:~y Commissioe E~pira Sep~ 23. 1969 fo~ : ~ b~d.d ~r A.wks. fin i G+~aYr G. . .ST,~ +E RECORDED - ~ _ ' . - ; REC R~ DUNTY.fLA. - _ : t_= ; ` vERIFIEp ~ ' . ' J J : ~T~c{~ -^i'•. C . '61 AUG 3 p~ .......y• ' : ~.1e ; . ~ ~58'754 ~ s CLERKyC1~CUtT COURT _ ~ ~ ~ a~K167 ~1668 , ~ ~ ~ 7 _ ~ . V ,(.'J _ : ~r 'av~r".`:~.r~r~y-X.t~.~, tZ ,6__~:%„~- Z ~ - - II +~'°'-y~;;r a4. ~ ~ ~ ~ ~