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Home My WebLink About1975 To plau a~d ca+tinuously keep on ~hs build~ngs rww or M.~+f«r s~+u~t~ on sa~d lu+d and on +tt puipnwe~t ud pawnatly covK~d by this mwq~ ~ge, with all premi~ms thereon paid in full, lire insuranc~ in Ihs ~sual sundard policy fwm, in a sum approv~d by tA~ MORTGAGEE, and wir+tbtwm ~nsuru~c~ in tM uswl i~sndud poGcy iam, in • sum approved by ~he MORTGAGEE. in iuch comp+ny or companies as 1M MORTGAGEE m+y d~rect; and ali firt uid wincbtorm iniuranc~ polK~es on any of uid b~ild~~ps. ~ny intK~st therein or pu~ Iherwi, in th~ ~y~re~u~ wm afar~said a In exoess th~?eof, shall conf~in ths ~suat standard ma?9egw d+us~ a such olher clau~ u tM 1Nort~aqe~ may rpuu~, makinp tM bu u~ uid pol4 ue~. ~ath at~d evKy, p+YaW~ ro s~id MORTGAGEE ~f its intere~t may +ppear, arxJ tach and ~vary i~th poliq ~hatl b~ promptly ~ss:~ned N+d dtlivKed to any held by said MORTGAGEE as further security to uid mortpay~ debt, and, not Itu 1Mn ta? (10) days in advanca of the ~:piratiw? of each polity, ro dF I~ver to said MORTGAGEE a renew+l lhcreof, toyethK with ~ receipt fa the pro*niwn of wch renewal; and then shall b~ ~o fire a wind~twm inwr~na placed on ~ny ot said buildcnpi, a~y interett th~rein w part thereof, unleu in tM form ~nd with the loss paY+bl~ as a(a~~~id; ~~d in th~ tvtnt any wm of mon~y becomes payable under tuch policy o~ po~k~es s+~d MORTGAGEE shsll haw ~he optip~ to receive and ~pply ths s~m~ a? accovnl of tM indebted~ ness s~cwed hsr~by w ro permit iaid 1NORTGAGORS ~o receiw ~nd vse it ot any parl thereof for other purposet, without thr~Eb/ waivi~y or nnpah• ir,g any eq~iry, lien or r'~ghf under w by vi~tw of this mortga~e; and in tM evenl ia~d MORTGAGORS sFmil fw any reafon fail to keep the said prtmiies w ~mured, or isil to detiver promptly ~ny of uid polities of insur~nc~ to said MORTGAGEE, w fail promptly to p~r fully ~ny premium therafp w in any respect (ail b perfam, discharge, execvre, eHed, complets, comp~y wirh and sbide by this covenant, a+nY pa~1 hereof. s+fd MORTGAGEE may plm ~nd _ pey for iuch insv~ance w ~ny pa?t thereof without w~ivirq or affectinp ~ny option, I'ien, equiry, or right ~nda a by vinu~ of thls Mwt9~. +nd the ~ f~11 amo~nt of each and svNy ~uch payment shall be immedissely dw snd p~Yable ~nd sl+stl be+? intatett from tM dat~ thereoi u~til paid +t th~ rat~ ol nine per centum psr annum and lo~ether with such imerest siwll be secvred by tM lien of this mat9ayt. ; 1. To pe~mit, commit or suf(a no wast~, impairment w deterioratan of said property w any part thereof. 5. To p+y all and ung~la the coats, chary~s and expsnses, includirg a reaaonabk attorney i fee and wsts of ~bsuacts oI tiNa, incwred or p+id at an"y time by said MORIGAGEE, because o? in the ev~nt of the iailure on the Wh of the sa~d MORTGAGOR ro duly, piompfly ~nd fully paform, di~char9R execute, effect, complete, comply with and ~b:de by each snd every the st7pulations, ag~eements, conditions, snd covenanti of uid promissory note and ~hw s mo~tgaye any O~ either. and sa~d cosn. charges and expenses. e+ch arxl every. sMll be immedia?ely due and p~yable: whether or not there be r~otice ds ~ ma~d, attempr ro collect or svit pend~ngt +~d the full ~rnouM of each and eve+y uxh paymem shaN bea. interest fran tl+e d+te thereof vnHl p~id ~1 the rare of nine per centum per ~nnum; and all said costs, clwrges and expertses incurrad or paid, together w~th such intertst, sh+ll b~ s~cursd by 1M lan of tha mortg~ye. 6, TMt (s) in the event of any brcach of this Mortgnge or defauU on tM part of the MORTGAGOR, a(b) io the eve~t a~y of ~id sumf of money herein refared to be ~ot promptly and fully paid withi~ thirty (30) days neat after the same uve~ally become due and paysWe, WItI10Y1 dfrtNlld Of flOfit~, or (c) in the event exh and evety the slipulations, agreements, conditions and covenants of sa~d promissory note and th~s matgaye any o? sither are no1 iuly. prompNy snd fully perfwmed, d~scF+arged, execvted, eifected, c«npleted, compliec! with and abided by. then in either w ~ny such tvent tM s+id a¢ gregate sum mentioned in said promissory ~ote th^n remaining unpaid, with intaest aarued, and all mooeys setured heteby, sMil betome dw and p~y- ebtc forthwith, w thereafter, at the optlon of said MORTGAGEE, as fully and comple~ely as if all of the sa~d wms of monay were aiyinally ~Iipulated ro be paid on such day, anything in said promissory note or in this Mortgage to the co~trary notw~thstanding; and therarpon w thereafter al the option of sa~d 7NORT6AGEE, without norice or demand, suit at law or in equity, therefwe or Ihereaftcr begun, may be prosecuted u if all rtwneys secured hsreby had matured pnw fo its irutitution. 7. That in the event that at the beginnir?g of w st any time pending any wit upon this MoAgage, or to faeclos~ it, a fo reform it, w to enforc~ payment of any claims he?eunder, said MORTGAGEE shall ~pply to the Court having ju~~sdrcfion therroi for t1s. ppointment of ~ Receiver, sucA Cowt shsl~ ~ Forthwith appoiro a receiver of said mortgaged property all and singular, includmg alt and singular ihe income, ~rofits, iuuei and revenues from whatevet so~~ce derived, each and- every of whKh, it being expressly ~ndcrstood, is hereby mort9aged as if specificatly set forfb a~d dewibed in the q?anting and ; habendum clauxs hereof, and such Receiver shall have all the b?oad sod effecti~e funcnons and powen in ~nywise entrwted ~y a Court to a Reoeiver, and s~ch appointment shall be made by such Court as an ~dmitted eq~ity and a maner of absolute righi fo ssid MORTGAGEE, snd~withoW relersnce to /M ; adequaq w inadequacy of the value of the p~opeity mortgsged w to the wwency w insolvency o1 said MORTGAGOR d tAe defendants, and tMf such ~ renrs, profits, income, iuues and revenues shall be applied by suth Receiver sccording to the lien or puity of faid MORTGACaEE and ihe practite of wch ~ Court. 8. To duly, promptly and fully perfam, diuharge, e:ecute, effect, compkte, tomply with a~d abide by eath ~nd every the stipvlaYans, agreemenb, conditions u~d covcnams in said promissory note and this mwtgage sct fath. 9. That in the event the ownership of the morrgaged premisea, or any part thereof, becomes vested in s person othn th~n the MORTGAGOR, ths ~ lV,ORTGAGfE, its successors and sssigns, may, withovt notice to the MORTGAOR, deal with such successo? or successor in interest with refer~nce to thw mortgege and the debt hereby setured in the same manner as with Nbrtgagor without in any way vitiafing a discharginp the 1Nortgagors' liability hettr i under or upon the debt hereby setured. No wle of tFK Fremises her~by mortgaged and no forbearante on the parl of the MORTGAGEE w its suctesson ~ or ass~g~s and no extension of tke time fw the paymem of the debt hereby secured given by the MORTGAGEE or its tutuuors or suigro, shall op~tate ~ ro release, discharge, modify change or aflect tl+e original liab~l~ty of the MORTGAGOR herein, either in whole or in pan.~ ~ 10. It is spedfically agreed that time is of the esserxe of this contrsct and that ra waiver of any obl:gatwn hereunder or of fhe obligation sr ~ cured hereby shall at any time thereaher be held to be s waiver of the terms hereot or of the instrumtnt secured Ircrby. ~ ~ 11, In add~tion ro the forego:ng mo~thly paym-MS of princ'pal and interest required by the ptomissory note secured hereby, mortgsgor tovenants and agrees to pay to mortgagee with each monthly payrneni an additio~al sum est~mated by mortgagee to be equal ro 1/12 of the annual cost of the follow- ~ ~n~: ~ t A-All real property taxes levied or assessed against thc above dexribed real estate. ; B-Prerrsiums on fire and windstorm insurar.ce as F.erein requ~red to be carried on the improvements situate ot~ the above described premises. i C-Premiums oo such mortgage guaranty insuraoce as mortgagee shall from t:me to time deem fif to carry on ihe loan setured hereby. ; N{ortgagee shall from time to time notify morigagor in writirtg of the amount due and payable htreur?der snd svch wm shall the?eupon be due and ~ Fayable on the due date of 1he ~ext month:y payment and each successive month thereafter urtil mortgagee shall notify mortgagor of s thange in such : ~ a~,ount. Such sums sF.all be applied by mwtgagee toward the payment of real property taxes, insurance prem~vms, snd mortgage guar~nty insurance i { premiums. ~ E IN WITNESS WHEREOF, the said JNORTGAGOR has hereunto set his hand and seal the day and ye+r first aforesaid. ` ~ igned, Se d and d ed in the presence of: , ~ ~ _ ~ (St~q ~ - ~"`'l~ o t S~-~~ . rs.,q ~ SrATE OF FIORIDA ~ St . Luci e u- CQUNTY OF eefas rn~ personally appesred .TOllri C~ . Sutler ~ ~Yt~1d S. Butler his wife, to me well known and known to me to be the i~dividwls described in and who e:ecuted the fore9a instrument, and acknowledged befwe me that they enea+ted the same for ihe purposes ~h~f~~~ exa~a. a,a rne BeYtha ~S. Butler ,~~fe of the said JO F• ~t er upon ~ sep~r~te a~d pr'rvate exam;~atan by me taken separate and apan from her seid hvsband, acknowledged to and befwe me that she execvted said i~strument freely and volvn- tar~ly and without any compulsion, constraint, sppreF~ensi fear of or from her ssid husband. - WITNESS my hsnd and official sesl thii day of Au~lls t A. D. 19 67 Notary P in snd fw the State of Fbrida at luye ~ My Com ion expirs: Return ta " ; ~ Firit Federsl Savings ~ Loae /lssociat~or? ``._:i:t:;s;~,. : Of Fort Pierce. ~~-',.(l'' a~j/n~' i~~...., a.__~:f, ~:d~O Of F~xi~a at lsTQe ~ Po~t P~«u. Fiorida oaO~o - `c-•;: t,i/ .,:-_':,tt ,Ex~ues Ayg. 6, 1911 I ~jlEO ANO REC t~ Ji 6~-e•a et nQ.er~:.n iti~ 8 Ces~aMf i COUN~•~FLA. : ~ : ~ ~ g LUCIE _ ~ • ~ =y t T. VEFi1F1E0 '-l ~ ~ ~r: ~ 1 ~ RECORD ; r-- ~ : = ~ . , ,Q, 158?9~ = J ° ~ ~ - , ~ p ~ g : OZ _ .-<<. . 6 es~~.~,G~t~ ' , ~ _ ~~Y. , KOGEP ~OiTR~s ~ CIERK CIitCU17 COURT ~ - - o R 167' ` ~ - eQOK FACf 19 / ~~-~'U ' . - .~3 ~ ~ _ . ` ~ ; - - : ~ 3 ~k ~ _F ~ R~-S -