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Home My WebLink About2103 To pt~c~ and conri~uously keap a~ ~++e bvi!dirg: now a lr,e~ftN s~~wr~ on sa;d land ~nd on all puipneol and p~nonally cov~nd by thi~ morp. p~, witl~ ~il premiwns Ihereon paid in full, fire insuranc~ in ~he usual sundard po1Ky form. i~ • sum ~pproved by tM MORTGAGEE, u~d wi~torm i~wranc~ in tM ~swl stands~d pol~cy form, in a sum ~pproved by tM MORTGAGEE, in such company or cornpa~ics u tM MORT~sAGEE m+y di~Klj and ill fu~ and windsto~m inw?anc~ pol~ues on ~ny oi s+id buiW.np~, ~ny intfr~s~ thxein or part tlwrwf, in ~F+~ a~y~eyate wm ~Iw~said or (n ~xcat thereoi, iAall contain the ~wal itandud matga9~e clw~ a such othe~ clauie as tM Mortpa~ee may req~irt. maMinp Iht loss w+dK said pd} cie~, tacA and avay, payabte fa sud MOltTGAGEf as its intaes~ may appsar, ~nd s+ch a~d ~vay such poi~q shall bt pranptly au.pned and dtlivered ~o ~ny held by ss~d MORiGAGEE as furthe? iecurity to said mor~gag~ debt, and not leu th+~ ts~ (10) days in advance of the ~xpir~Ywn of each policy, ro d~- liver to said MORTGAGEE • rer?ewal /hereof, togettw? with a rcce3pt iw thf premium of svch ~enewal; and there shal! b~ no fir~ q windstorm ins~ruK~ plsced on any of said buildings, any intereit thtrein ot part thereof, unleu in the form and with tM loss pay~ble K afotesaid; snd tn tht ~vant any swn of mw~ey becw.ks payable undtr wch policy or policies said MORTGAGEE shall hsw the option to receive snd applr the s~me on accouN oF tM indebted~ neu secvrtd hsreby oi to permit said MpRTGAGORS to receivs and use it a any part thcreof Iw other purposes, wi~hout thereb~ waiving or-~mpair- iny a~y equity, lien a right unde? or by virtue of ~his mo:tyage; snd i~ ihe event said MORTGAGpRS ahatl fw any roason fail to keep the iaid premises w insured, a fail 1o deliver prompNy ~ny of said policies ot i~swa~sc~ ro said MORTGAGEE, or fai! promptly to pay fully any premium Iherefw p in ~ny re~pect fail ro pertorm, discharge, execute, effed, complete, comply with and ~bide by this tovenant, or any part hereof, uid MORTGAGFE may pl~ce ~nd PsY ta tuch inswance or u~y part thereof without waiviny a sfiedi~p ~nY option, lie~. tqvity, or rght under a by rirtw of this Mort9a~e. and the tull amov~t of exh and e.ery such payment shall be immedia~ely dw and payabl~ sed ahall bea~ inte~eit from ths d~te tF?treof w?til paid ~t the ~at~ oi nine per cent~m per annum and together with such interest shall be securcd by the lie~ of this mort~ape. 1. To permit, commit or suffer no waste, impairment w deteraration of said property or a~y part thereof. 5. To pay all and sing~lar the costs, charges ~nd expe~ies, ;ncl~din~ • reaao~+ble attwney's fee snd cosn of ebstracts of tiNe, incurred or psid at any time by sa7d MORTGAGEE, becauss or i~ the eveM of the failure on the psrl of ~M s~id MORTGAGOR W duly, promptly and fully perform, distMry~. execvte, e(fect, comptete, comply w~th and ab:de by each ~nd every the stipul~tions, sgreements, conditions, and cov~naNS of said promissory note and this mortgage ~ny or eithe~. and ss;d costs, charges and exps~set. eath and every, shall bs lmmed~atety due and payable: whether w not there F» r.otite dt mand, aftempt to colled or suit pcnding; snti the full art~o~nt of each a~d t~ery such paymeM shall bea. iroerest"hom the date thereof v~til paid al th~ rare of ~ine per centum ~ annum; and all said costs, charges and expensef incurred or paid, tog~tfier w~th tuch i~tapt, ahaJ) be secwed by tM lien of !hw mortgage. i 6. That (a) in the event of any bresch of this Mo~tgage w defaull o~ the part of the MORTGAGOR, or (b) in Ihe event ~ny of said swns of money ~ he:ein referred to be not promptly and folly paid within thiry (3p) days nexl afte? the same uverafly become due a~d payable, withovt denKnd p notics, or (c) in the event esch and erery the sGpulafions, ~grec.nents, ca+ditions snd coven+nts of sa~d p~orri~sswy ~ote and th~s morl~aye any w either are no1 iuly, promptly and fully perEormed, dacfiarged, executed, eifected, completed. complied wi~h and a6~ded ~iy, then in either or any tuch ewnt tlw said aQ gregate sum nxnrioned i~s said promissory note then remaining vnpaid, wi~h inte~est acuued, and all moneys setwed hereby, sh~ll bKOme dw a~d p~y- able fathwitF~, w thereafter, at ~he option of wid MORTGAGEE, ss fully ard completely as ii all of the said sums of money were wiginally stipulated to be paid on sucF? day, anything in said promiysory nott or in this Mwtgage to the contrary notwitlutanding; and rherevpon w thereaiter at rhe op?ion of se~d MORTGAGEE, without notice or demand, suit at law or in equity, thereFore a thereafte~ begun, may be prosecuted as if ~II nwneys secured hereby had rtuwred pna to its institution. 7. That in the event that at thc begi~nirg of or at any time pending any wif ~pon this Mortgege, a to fwetiose it, w to raform it, or to enftxce paymcnt of any claims he.eunder, said MORTGAGEE shall apply to the Coun having ju~isdKtion thereof for the appointment of ~ Receiver, such Coun sMll For~hwith appoint a receiver of said mortgaged property all and singvlar, includ~ng aIl and singular the income, profits, issues and revenues from what~ver source drrived, each and every of whtch, it being expressly unde+stood, is hereby mo,fgaged as if spec;lically set fwth snd dewibed in the ~ranting and habendum clauses hereof, and svch Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by ~ Court to a Receiva, and such appoi~tmenl ahall be made by such Court as an admitted equity sod a matter of absolute rigM fo ssid IIAORTGAGEE, and without reference to the ndequacy w inadequacy of the value of the propery mortgaged or to the wwency or insolvency of said MORTGAGOR or the defe~danb, and that s~ch 4 renrs, profin, incwne, iss~es and revenues shall be applied by such Receiver accwding to the lien or equity oi said MORTGAGEE and the practice of such ~ Courf. 8. To duly, p?omptly and fully p~rform, diuharge, execute, effect, completq comply with and abide by each and svery the stipulations, ~greements, conditions and covenants in u~d promissory note and thia mortgage set fath. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in s penon other thsn tF~e MORTGAGOR, the MORTGAGEf, its successo~s and assigns, may, without ~otice to the MORTGAOR, 'deal wi~h such successa o? successor in imercst with reference Io this mortgage and the debt hereby secured in the same manner as with Mwtgsgw without in any way vitiating p dixharging the Mortgsgorc• lisbility htrtr ~ under or upon the debt hereby secured. No sale of the premixs hereby mo~igaged and no fwbearance on the part of the MOR7GAGEE a its successon or assigns and no extension of the time fw tFx payment of the debt hereby secured given by the MORTGAGEE w its wccessots or assigns, shall operat~ to release, d~uharge, modify charge or affect the wigicwl liabiiity of the MORTGAGOR herein, either in whole w in psrL 10. It is spec~fically agreed that time is of the essence of thia (Of1ffM1 and fhat no waiver of any obtigation hereu~der w of the obligation sr cured hereby sMll at any time thereafter be held to be a waiver of the terms hereof p of the instrument setured herby. I1. In addnion lo the (orego:rx~ monthly payments of prin~ pal and interest reqv~red 6y the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each momhly payrnent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the an~ual cosf of the follow- ing: A-All real propeny taxes lev~ad or assessed against the above deuribed real estate. B-P:em~~ms on fire and w~ndstorm insurance as F~erein requ:red to be carried o.~ the ~mproveme~es sitvate on the above desvibed premises. , C-Premiums on sirch mongege guaranty insurance as mortgagee shall from time to time deem fit to wrry on the toan secured hereby. ~ Nbrtgagee shail from time to time rrorify mortgagor in w~iting of fhe amount due and payabk hereunder and suth sum shaU therevpon be due a~d ~ payable on tF~e due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of a change in such ~ ameunt. Such sums shall be applied by mortgagee toward the paymenf of reat pJoperty taxes, insurance prem:~ms, and mortgage guaraniy insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and year first afwesaid. ' ned, Seal and ed in the presence of: ~ - e :C ~ - - O.~ ~ ; ~ - ~n K--~ STATE OF FLORIDA ~ couNnr oF _ St. Lucie Be4we me personally appes~ed - L•s1U~+A B Han .e~t~, g gi ngi a~Sdult ~ ~i~wiie, to me wet( known and kiwwn to rn~ to be the individual destribed in and who eaecufed the fweyoiny inservment, and sdcrwMrledged before me that ~yeexecuted the same (or the purpos~s . therein exprexsed. Md.t4e.~+:d- ~ia w~it+~~f ~ ~swd- , t~m~o+~fiQO~W. m~.1~kQa sepa~ate.sod.apact~fw~ ~w.said.6~rsb+nd.-adu+awl~d~~d..ta anr.i~fw~.w~s.tl~a? slw ~~w«rtd•s~ii «~wrwwawt-f ~wi wl~w? dar.y..~nr-wabost~+wY'w~r.lsienre~erAhsinr, rPP~ehensi~e-fear ef-c?irarrl+lrsrid lfusbend. WITNESS my hand and official seal thit ~ Z~~ dsy of A D. 19~ ' Notary P ~c in and for the Stst~ of Fbrida tl lsr~e Retur~ To: = µY ~uion expires: I 1 Fint fede~al Savings b losn /usociation ~~t~s.~' N~tary Putfia. Stafe d Rorida at ~ , ot Fo?~ P;erce. ~ 1~~ : ~y ~ommiuiaa ~fzp'ues ll~;~. b, 1971 ~o.a.a b~~uo fi~. 4 c.+wrr ~L y,. . Fort Pierce, Flo~ida ~ . ~ fILED ANO RECOROED ~ ~ ~ S7. LUCIE COUNTY. FLA. s:~ _ . ; ~ ~n~;r ~~FiEO . " . . _ - _ ~.~NI'~=-!l~~~t.+~- ~ ~ 1 ~st r;i~~ i ~ P?~ 2: s 9 ri~~ ~57V~)~ CLERK~ClRCUlT COURT ~ . F~41~~~ ` ~ ~ ~ - . _ A - ~~~p~~~~~ , - ~