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HomeMy WebLinkAbout2132 . t ~ , To pl~p and oontinvo~sly ksep on tM bui:diny~ now or h~r~~fiK ~i~u~t~ on said I~d and on all puipnNnl and p~rwr?~Ily oovK~d by this mat¢ ~ with ~11 ptemiums th~~~on p~id in fvll, fi~~ inw~~nut in the ~swl i~andud policy form, in a tw+n ap~owd by th~ MORiGAGEE. Md windttwm ~nsurana in t!N vwal srarida.d pol;cy fwm,, In • wm approv~d by tM MORTGNGEE. in such company or companiq u th~ MORTGI1GfE m+y dcr~ctj ~nd atl iu~ and windswrm inwranu polic~ei on ~y of said bvitd~op~, u+y int~resl tF+er~in or p~n thcYeof. in 1M p~re~~t~ win ~iaqoio er . In ucca~ ~hu~of. ~1?~II conain tM uwal uarxlud morryayee clavu or wch otM? clavs~ q tM Mor~p~es m~y rp~u~, m~kinp IM lou u~ said poli~ ~ cies, each u~d ~,rKy. p~Yabb ro i+id MORiGAGEE ~s irs tnterest m~y ~pp~ar. and each and ~very ~uch poliry shall b~ promptly ass:~n~d and d~livK~d to •ny h~{d by aaid MpRiGAGEE as turrha secwity to said mor~~y~ debt, and, not kss than t~n (10) days in adv~nc~ of tR~ expir~t,on of euh pol'~cy, to dr 13vK ro satd AAORTGAGEE + renewal thereof, to~ethN with ~?eceipt fo~ tM pemlum of s~ch ~e„ewal; and ther~ sMll b~ no fir~ w windstam inw~ant~ p~ac~d on ~ny of said buildinps, any intaest ther~in a p~rl thereof, ~ntesa i~ tM fwm a~d with the lou psyabl~ as afor~~ids u?d tn tM ~wnt any wen of monty b~corrys p~yablf w~der wd~ polity p~ policie~ aaid MORTGAGEE shall Mw 1M option to teceive and ~pply the same on accouM of tM ir~bted ne~a secvred M~~by o~ W pKmit said MORTGP.GORS lo rKeiw +nd wt it p any part tiiereof iw other purposes, witiaut Iharcb/ waivi~~g o~ unpair- ing ~nr pvity, lien or r'ght unde~ w by vi.tw of this mortysps; and in ths ~vent wid MORTGAGQRS shaU fa any reawn (aH to koep the s~id pnmises so insured, or f~i) b deliver prompNy ~ny of said policies of insuranc~ ro said MORTGAGEE. w fail promptly to pay fullr any premium thenfw o~ in any rosped fail ro pafwm, dxharge. exec~t~, efi~ct. complete, comply with ~nd abide by this co~e.wnt, or any part herooi, ssid AApRTGAGEE may place u+d pev fw suoh inwra~xs w any put thKeoi withouf waivirp a ~ff~ct&p any opt;wy lien, puity, or righ~ undN a by virtw of this Matqape. ~nd the fult amounl of each and ~v~ry wch payme~t shall be im,nedwtely du~ ~e~d payabk aod shsll be~r intereit from tM dats thereof until paid ~t tM rate ot nine per centum per ar+num and to~ether with suth interest sl~ail be secvred by tM lisn ol th+s mwtgape. ' To p~.mi~, commit or suffer no wute, impa'ument or detaioration of said property ot any part thereof. ~ S. To pay all and sinQvlu the tosts, charp~s uK! expense~, indvdiig s re~sonabk anwney's fee and cosri of abstr~cts of title, incuned or psid d a~Y tu~s bY s+~d MORTGAGEE, b~cause ar in the ew~t of the failw~ on the parf of the aaid MORTGAGOR to duly, promptly ~nd fully perforny di~cF~uyR i execute, effect, complete, comply with and eb:de by e~ch ~nd every the stipvlatiau, ag~eemenrs, conditions, ~nd ooven~nts of said promiuory note and thii 1 ma~9+~ +^Y a eit~. +~d i+Sd costs. ch+~~es and expenses. esch and every. ~MII be immed~ately due and psyabie: whethe~ o~ not there be r.otice ds~ t mand, attcmpt to collect a wit pe~dln9; and ti+e full ~mount of each snd evary such paymer+t ~hafi bear intemst from t1~e dat~ thereof until p~Id ~t the ~ ~are of nins per cenfum per uwium: and all ssid costs, charges and expenses irKwtad or paid. logether w~th such iMUqt. sh~ll b~ sat~red by tht IiM of thu mort9a~, 6. ?hat (a) in the evee~t of my brosch of this Matgsp~ or defwlt on ihe pa?t of the MORTGAGOR, w(b) in th~ avent ~~y of sa~d wms of money herein rtferred b be not prort+ptly and fully paid within tbi~ty {3p) days next after the same uverally become due u?d psyabk, withput dem~~t! q notice, or (ca in the went each and every tM stipulations, agreements, conditions and rnvenann of sa~d prom~swry note ~od this mort~a9e any p either ~re ool iuly. promptly aewl fully performed, discharged, exacuted. ~ffecred. complefed, compl+ed with ~nd abeded by, then 1n eitl~er a ~ny s~ch swnt tM said ap~ gregate sum mentioned in said promissory note then remainirg vnpaid, with imerest acuued. and alI moneys secured FK~eby, shall betort~ dw ar~d pay- able forthwith, or thereaftea, a1 the option of said MORTGAGEE, as f~lly and completely as if all of fhe said sums of money were aiyinally atipvlated ~o be paid on s~ch day. anything in said promissory note w in this Mortgsqc to the contrary notwithstanding; snd tt?erevpon or theresfter at tht option of said MORTGAGEE, without notice w demand, suit at lew or in equity, 1Fxrefore w thcreafter begun, m~y be prosec~ted as if ~II naneys setured hereby had matvred pnOr to its institution. ' 7, That in the event rF+at at the beginning of or at any time pending any wit upon this Mortgage, w to foreclose it, w to r~fwm it, a to enfo?oe paymenr of ~ny claims he.evoder, said MORTGAGEE shall apply to thr Court havirg jurisd~ction thereof iw ~he ~ppointment of a Receiver, such Court shatl forthwith appoint a receiver of taid mptgaged property atl and sirgular, includ~ng all and si~gular the income, piol;ts, iuuea and revenues irom what~ver sou.ce de~ived, each and every of wh~th, it being expressly u~derstood, is F+creby mortgaged as if spec~fiwlly set fath and described i~ the yranting and ~ habendum clauxs hereof, and such Receiver shall have all the broad and effective functions ancf powers in anywise entrus!ed by a Courf to ~ Rcceiver, and i i;,ch appoirttmcnt shal! be m~de by such Court as an admitted equiy and a matter of absolute right to said MORTGAGEE, u~d without reference fo th~ edequacy or inadeqvacy oi the value of the p~operty mprl9aged or to the sohency or insolvency .of taid MORTGAGOR o~ the defendinq, and that such rems, profiri, ~ncane, ?uues aod revcnues shalt be apptied by such Receiver accwd~ng to rhe lien w puity of aaid MORTGAGEE and the practics of such Court. 8. To duly, p?omptly snd fully pcrform, diuhar9e, execvte, effect, complete, compty with and abid~ by each and every tl~s stipulations, ~greements, ~ conditioos and covcnants in said promiuory ~ote and ~his mortgage set /orth. , 9. Tlr~t in tha event the ownenhip of the mwtgaQed prcmises. a any psrt thereof, becomes vested in ~ perwn other than the MORTGAGOR, ths MORTGAGEE, iri wcceuors and suigna, may, without notice to the MORiGAOR, dea) with such successw or wcceisor in interest with reference fo this mortgage and the debt Acreby securtd in the same manner as with Nbrtgagor withovt in any way vitiating w dischargirg ihe Mortgagoa' liability here- ~ under w upon the debt hereby secured. No sale of the premixs hereby mortgaged and no forbearance on the part of the lNORTGAGEE w ih wccessors ; or assigns and no exten:ion of the ~ime fw ti?a paymem of the debt he.eby secured given by the MORTGAGEE or its uecceasors or auigns, ~lull operate ' to releau, d~scharge, modify change w affett the aiginnl liability of the MURTGAGOR herein, either in whok or in part. )0. It is speclfitally agreed that .time is of the esstnce of this caNnct and that no waiver of sny oblgation hereunder a of 1hs obliystion se- cured hereby shall at any time therea(ter be held to be a waiver of the terms hereof w of the instnmxnt secured herby, 11. In add~tion tp the forego:ng rtw~ihly payments of prin~ pa) and interest requir~d by the prpmisso?y nore secured F~ereby, morfgsgor cp~renantf ~ ar~d agrees to pay to mongagee with each momhly payment an sdd;tional sum estimated 6y morlgagee to be equal to 1/12 of the annua) cost of the follow- ing: A-All real property ta:es levied or auessed against the above described real estate. B-Prrrn6ums on fire and wind~torm insurance as herein requ~red to be carried on the improvemenh siWate on the above desuibed premises. C-Premiums on such mwtgage guaranty insurance as mortgsgee shall from time to time deem fit to carry on tF?e ban setured hereby. Mortgagee shall from time to time notify mortgagw in writing of the amount due arxl payable hereunder and such sum shall thereupon be d~?e and rayable ort ?he due date of the nezt monthly payment and each successive moMh thereafter urtit mwtgagee ahaR notify mortgagor of a chanye i~ tvch amount. $u~h sums sha11 be applied by mortgagee toward the payment of real property taxes, insuronce prem:ums, and mortgage guaranty insurance premiumf. IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ye~r f' afor id. ~ =y-'r~, ~Raled and~}C~.~`7' /l/~_~~ of: CCJCj al n ~ L1 P~+/ ,t,n . K--~ STATE OF FLpRIDA ~ ' ccuHn of . St. Lucie ~ ~ eefore m~ personalty appeared Fred D. CalhOllll. J~. s~ Valerie C. Ca1h011l1 b;s w~fe, to me well known snd known to me to be the indiridwb described in uvd who executed the fore~oiry instrument, and acknowkdged before ms that the~r executed the ssrne for tM purposes therein expressed. Md the sa'~ Valerie C. C2l1hOW1 .v~ie oi tM said Fred D. CalhOllll~ JI. opon s sepuste and priv~t~ eram~nation by me uken separate and aps?t from her said~nd, adcrawledgcd to snd befors me thst ahe executed said instrumer?~ f~eely and volvo- rar,ly and without sny compufsion, comtraint, appreF~aion, fear of or from her said husband. WITNE55 my hand and official seal thK- day ef AuCJIt'S t A D. 1467 ~ ~ Notsry Pubtic in and for tM Stab of florida at Lary~ MY Ccmmiuion ~xpira: ~WY PI~K. Sllt! 0~ ~ Retvm Ta ~ ~ Fint F~sl Savings 3 Losn /ltsociation (A~I~tf~ c f Of fort Pk.ce. ~d h~.w.~r~.. .rX~~~'i'! • Fon pierce. Florida EO /~~/J~L . ~ib , = ' . : Fl~p pND VNTY F~p, /~/G 9 ~ ~ t r~ ~ ' : ~ : . 57•~V~~ p VERIFIED = f' - - tt' 4.. 159aS3 5y ~ • ` ~ ~ . '6i AU~ q :f:,;. ~ -0~?R~S - , C~~RK ~IRCUIT COURt ~ 0 R ~ ~t~ EODK ~V l PACE~~~~ _ - ~ - - ' _ r ~