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Home My WebLink About2222 . { i To pl~a ar+d continuously kcep on ?he bui~d~n~s now w hereafter utuat~ on said Iw~d sr?d on all equipn~nt ~nd p~+to~e~lly wva~d bY 1hi+ mat~ ! ags, with all ptemiwns therew~ p+id in fvll, fire insurance io 11a u~ua1 standard polity fwm, in ~ stpn ~pptowd by tM MORTGAGEE, M~d windttwm ~murar~ in ~M uswl ~undard pol~p (am, in a wm epproved by ~M MORTGAGEE, in such canp+ny a canpania a th~ MORTGAGfE may d~recr, ~nd all f'ut and wirdstorm inwrance pol~cies on any of ~aid buildirqs, ~ny intKat tFwein o~ pah thuwf, in th~ +p~p~t~ +w^ ~(«~sW or tn excea tAe?eof, slyll conbin the ~sual iqndud ma~gogee cl~use or such otF+N claus~ ~s tM Mwtpa~N en~Y rp~u~, m~kl~p th~ loss u~du Nid po~4 c~es, t+th and ~v~ryl, p+y+ble to said MORTGAGEE as its intereit may appei~, u~d e+ch and tve~y suth polity th~ll b~ p~omPt~Y au:9^ed ~^d d~~~`~~d b eny held by said MORiGAGEE as f~~the~ security to said mor~gage debt, and, not less than ten (10) d~ys in sdva~c~ of tM ~xpir~ion of ~ach policy, to dr I~we. ~o iaid MORTGAGEE • renewal thereof, toge~her wiih a rece~pt fw the pemium of such renew~l= and then sh~ll b~ no fu~ a winds~am inswMu placed on any of said bvildings. ~ny interett thcrei~ or par~ thereoi, unteu in tM form and with tM loss p~y~bl~ u ~fuesaidt u+d in th~ ~wnt sny swn ~f mon~y becanes payable ~nde~ such policy o~ policies said MORTGAGEE shal) haw the option to reuive and ~pply tM sun~ on aaa+M of 1M t~d~bted~ ness secuted Fweby a b permit aid MORTGAGORS ro receive ~nd use it q ~ny pa~t thereof fw other purposq, without thateb~ w~iving w~mp~K- ing any p~ity, lia~ w rghl under w by virtue of this morspsge; and in the event Nid MORTWIGORS sh+ll fa any ~sason fail to keep tM uid pnrt?ises a insured, w fail to deliva p~omptly +ny of said policies of insuranca to said MORTGAGEE. a f~il promptly to p+y fully ~ny pr~mi~m ther~for w in any resped fail W pafonn, dixh~rye, execute, efiect, complele, comply with and abide by this covtnant, a sny part harwf, s~id MORTGAGEE may p~au +nd pay for iuch inwrante w any pu1 thcreof without waivinp w ~ffectinp any option, 1'wn, p~iry, w ~iqht undK or by virtw of this Mor~psp~, and tM f~il amovot of each ~nd avery wch payment shatl be immedi~tely dw sod payabl~ and sMll etar interest from tM dah tMreof until paid at tM rat~ ol r.ine pc~ centum pe~ ~nn~m and to~ether wi~h such inierest shalt be sec~red by the lise of thls matp+ye. 1. To permit, commit or suffer no waste, Lnpairment o? deterioratan of said propaty o~ any p~A thereof. S. To pay all snd sfngulu ths cwts; charges a~d expenses, including a reason~ble attorney's fe• •nd cosn of ~bstracts oi titl~, i~wn~d w p+id +t nny t3me by sa7d MORTGAGfE, because a i~ the event of the tailure on the paN of tM said MORTGAGOR ro duly, pranptly ~nd futly p~rfareq, di~ch+rpR execute, effect, compk~e, comply with and ab~de by each and every the stip~lations, ~y.eemenn, condirions +nd oov.~+en of said p~om~ssorlr +~d ~hi~ mortgage any or eilher. and sa~d costs, chargea and expenses, e+ch and every, slwll be immediaroly due ~nd p+yabl~r wMther w not tMr~ b~ notip d~ mand, attempt to cotket or :uit per+d~ng; and the fuli amou~t of esch and every wch payment shall bear int~rMt fran 1F?~ dat~ th~r~of until pafd a1 tM rate o! nine pe~ ctntum per amiurn; and all said costs, charges and expenses inturr~d or p~id, together with suth inqtpt. ~h+ll b~ s~w~d by tM Iia~ of this i ~ mortya~0. t 6. Th~t (s) i~ the event of any breach of this A~tgspe w default on tM p+rt of the MORTGAGOR, w(b) in tM ~wnt ~ny of s~id swnt of moMy ~ here~n refarred to be not promptly and fully paid within thi~ty (30) d~ys next ~fter the same seve?ally becarM dw ~od p+yabl~. withouf d~m~nd or notiq. ( or (c) in the avent cach s~d every the stipvlations, sgreements, conditions and coven~nri of s~id promissory note and thi~ morlpaq~ any ot ~lther ar~ not iuly, p?omptly and fully performed, dixharged, executed, eifeded, completed, complied with ~nd abided 1?y, tMn in titha a u~y wch wenf tM said aQ gregate wm rtKntioned in said promisswy note then remaining unpaid, with interest acuued, and all moneys Mtvr~d. heteby, aMll bsconK dua ~~d p~y- aute forthwith, a thereaher, at the oprion of said MORTGAGEE, ss fully and con+pletely aa if all of the uid ~~nis of morwy vwn w~ptn+lly ~tipul~ttd ro be paid on suth day, anything in sa~d promissory note or in this Mortyage to the tontrary notwithft~ndinp; +nd tMrwpon o~ tFwr~affw at 1M Option of se;d h10RTGAGEE, without notice w tkmand, suit at law or in equiy, therefwe or fhereafter beyun, may be prwecvt~d u ff all ma»ys ~wd Mnby hnd matwed ptror fo its institWion. 7. Thst in the event ihat at the beginning of w at any time pending any wit ~pon tl~is Mwtya~, or to ~oncloa M. or to nfonn it, a to ~nfwq payment of any daims hcreunder, ssid MORTGAGEE shall apply to the CouN having jurisdiciqn thereof for tM ~ppointm~nt of a R~t~iver, wth Court sh~ll " Forshwith appoint s rcceiver of sai~ mortgaged property all and singular, includ~ng all and sii+gulsr 1M ineomt, profits, itsues u+d rewnws from wMf~vN source derived, each and every of wh~ch, it being expressty understood, is htreby mwtgsged ss if sp~tifiully set forth and dewib~d In thi pqntinp and habendum clauses hereof, and such Receive~ shall have all the broad and effecrive funct~ons and powen in anywist entrust~d by ~ Coutf f~ a Ret~iwi, ~nd s:,ch appointment shsll be made by such Court as an admitted equity and a ma~ter of absoluts rght to said MORTGAGEE, and withovf nfN~nt~ fo thi adeq~aq w inadequscy of the wtue of the property mortgaged or to the so~vency or i~solv~ncy of s~id MORTGAGOR or the def~ndants, and th~t ~uch renrs, pro4its, income, iuues and rcvenues shall be applied by such Receiver sccwdinp to the lien or puiry of s~id MORiGAGEE ud tM praetic~ of suth ~ Court. ' 8. To duly, promptly and fully perfwm, diuharge, execute, effect, complete, comply with and s~ foy wcl~ snd tv~ry tM ~tipulations, prt~~ta, conditions and covenams in said promissory note and this mor~gage set fath. " . - 9. TMt in the event the ownership of the mortgaged premises, or sriy psrt thereof, becom~s wst~d in • p~[son oth~r fh~n. the MORTGAGOR, tM h10RTGAGEE, ifs successws and auigns, may, without nofice to the MORTGAOR, deal with such sucussor w M+ta~so? in 1MU~t1 ~with r~f~rMt~ to ffiiu ~ rr,or~gage and the debl hereby secured in the aame manner as with Nbrtgagor withovt in aey way viti~tirg w dixharpinp=tlK MortyapOn' li~bility Mrt ~~der or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no fabtarantt a? the part of tl+~ MORT6AGEE ot ht sucusfors or assigns and no extcnsion of the time fw the paymem of the debt hereby secured g'rvM by the MORTGAGEE w ib sucttssw~ or astipM, ~ha~~ op~r~t~ ~ ~o release, dixMrQe, modify chan9e or affect the wiginal I~abiliry of the MORTGAGOR herein, either in whole w in part. 10. 1t is spec~ficatly agreed ~hsr t~me is of the essence of this contrsd and that no w~iver of any obl'pation henunder w of tM obliaation ir , cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secvred herby. I1. In additwn ro the forego:ng monthly paymems of princ'pal and interest required by the promisswy note setured hereby, morfyiyor CowM~h " and agrees to pay to mortgagee w~th each monthly payment an addirional sum estimared by morfgsgee to b~ equ~l to 1/12 of the annwl tosf of th~ follow- ing: F A-All resl property taxes levied or assessed against the above desuibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvemenri situaf~ on ihs above desvibsd ptNniNS. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fif to tarry on fM lo~n secuted hereby. Mortgagee shall from tirr.e to time norify mo.rgagor in writing of the amount due and pay~bk hereYnder and suth sum shill tMr~upOn b~ dw snd c?yabte on the dve date of the next monthly payment and each successive month thereafter until mortgagee shsl) nofify mortgagw of a dNnp~ in such ! ~^-ounr. $uch sums sF.alt be applied by morrgagee toward the payment of real properiy tsxes, insurance ptem:wns, ~nd mort9spe puar~rlty infuranc~ i premiums. k ` IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto xt ha hand and seal the day and year finf aforaa E Siyned, akd and del' ered ' presence of: ~ n ~ . i _ . n G?-111' rs..~ ~ SjATE OF FLORIDA ~ ? COUNTY OF $t• Lucie ~ 3 Befwe me personally appeared O111E Chatmon i Mazv R. Chatman _ his wire, ro me weu tnonn+ and known w me to b. _ ihe individwls described i~ ~nd who executed the fwe9oi instrwnent, and acknowkdged before m~ that they executed the same fw tF~ pwposes therein enpressed. Ar~d the said ~ry~• C~t~On ' .:ife of the said Ollle ~k1t180n - vpon a separafe Md privats =.am~natan by me taken separate and apart from her said h~sband, atkrwwledged fo and before rtw tMt ahe exearted s~id iattrvment fia~ly and voluo- ra~+ly and withovt any compvlsion, constraint, apprehenaan, w fesr of or from her uid husband. WITNESS my hand and official seal thi:~~~ day of u~LS t A. D• 19 6~ ~ ~ ~ , , Notsry Pvblk in and for Staf~ of Florida st luy~ My Co~nrnission ~~cpins: Return Ta ' '`~,~~:ettttl:,.;' . \ - First federal Ssvirgs 3 Losn Association : Gf` `:Jn' ~Oti~ ~1~K. SU{~ O~ Flp11di ~~if~ ` ` ~,....:r,s Of fat P~erce. ~ v µ r Commission ExNres SePt. 23, 1969 b.ded !t An«~ca. fn ~ GuNMy C~- f Il.H~ AI~ R6~4Rt1E~ ° _ ~ . ~ ' ~ ~ : ST: WCIE COUNTY. FLA. _ - • . ~ . . RECOR~ VERIFIEO = • ~ -i : ~ : r : ~t- ~ 15914`7 ' ' ~ ~ ~ ' J ' : : ~ ; . ~ C? ' : '6t aUG ~ s hM 9: 3~ . ; c.• -n::~~;~i. 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