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Home My WebLink About1197 t r i 1. Td piaoe ~nd contirwou~lr kt~p on rlr boitd;n~s now a he«vhN s~twt~ on said I~nd snd on all equ:;vn~m u~d pasonatly covK~d by ~hi~ mwp~ ~ p~. vrith sll praniw~0 thaeon p~~d in fvtl. firs iruu.anc~ in ~h~ uw+l ~undud poticy fpm, lin • sum approwd by tM MORiGAGEE. u~d wi~~orm ~nsw~nc~ in tM us.~al ~~u~dard pol~cy /am, in • sun+ approved by ~M MORTGAGEE, in wcfi company or ~ompanies u tM MORTGAGEE en+y dlrecrl ~nd NI fu~ and w~rorm imwsnc~ polici~s on any of sa~d bwld~np~. ~ny in~K~i~ tM.~in o~ part rherwt, Itl tM ~QQtlQNt iuA~ ~fpfNMl O~ In ucuts tM.w1. sAall canuin th~ uswl ?t~ndud mortyapM claus~ w such oths~ ttauie a tM Mo+page~ may rpvw~. makinp rh~ lou und~: sad poli~ c~. ~ach and tvNy, paYabl~ ro s~~d MORTG/1GEE ~s its in?ereit maY ~pptx. arKi tach and ~very such p~licy shall b~ proeeptly ~u.yned and delivered ro •ny F»Id by s~d MORTGAGEE ~s fw~ a~cwity ro s+~d mw~pa~s deb~, and no~ f~u th~n ~M 1101 da~rs in ~dvaoc~ o( ~M ~xp'uation of Nch policy, ro dr GvN ro t~id N10RTGAGfE • ranewal thcreof, top~lha wirA a rtt~:pt tw ?M ~r~ium of such rentwal; and Iher~ s}yll be no f~r~ w w:nditam insw+~+c~ pl~cad pn ~ny of said buildin~~. any jnler~st IAMOin or pa~t thHwi. ~nku ie th~ fam and with IM loss pay~blt u ~tutuidJ u~d in t1M tvMt any sum of mwNy becomq pay~bb ued~~ ~ pol;cy or pul;c;es sa;d MpRTGAGEf shaN haw r1K opt+on to rec~iw and apply th~ sa~n~ on ~ccow+t o1 th~ ind~D~ed- neu ~ecw~d hKSey w a pa~~ ta~d MORTGAGC"S ~o reuiw and us~ it or ~ny pa~~ rhereo( fw o~her pu~poses, w:~houf thNeb/ waivi~~g a m,pa'u- infl u+Y puwty. li~n or ri9h~ veider or by virtw of this mors~ape; and in th~ ~vent ss~d MORiGAGORS sMtl iw aMr r~ason faFl !o kssp 1h~ ta~d prem~ses w insured, or f~U b deliver promptly ~ny d said pol~cies of insunnu to sa~d MORTGAGEE, ot fa~! promptly ro pay fully anY p.emiu~n therefw o~ in ~y respect fail w pMfom~, d~uiwge, ~:ecute. ~ffect, compkt~, compJy with ww! abids by this covenant, a u?y p~?~ herwf. sa~d MORiGAGEE may plx~ ~nd pay fa wd~ inswanc~ o~ any put thercof wirhoul ws~vinp w•tf~ctinp anr opt;orR, I;n~, eqv;ty, or riph~ ~ndK a by vi~tw of ~I+~s Ma~pap~, and ~he fult ~rnovet oi ~ach and evsry such p~yenent thall bs immedi~t~ly dw ~nd p~yabl~ u~d s1++11 bea~ ioro~es~ irom ~M data rhereof un~~l pa~d a~ ~M ~ae~ 01 n~ne pN ceetwn pK urwm and togNher with sucA intcrest s!»~1 b~ secured by the ii~n o~ this mat9pe. 1. To pe~mi~, oannut or sufts~ no wurt imNaiumeM w derarioration of uid prope~ty a a~y p~rf the.eof. S. To pay ap ud wgula the<oata, charyes and expsnses, includinp i reaso~able a~torKys fee and costt of sbstrscts of tiNe, incuned or psid at any time by said MORTGAGEE. becavs~ or in the ~veet of tM failw~ on 1he put of the ss:d MORTGAGOR to d~ly, promptly ~nd fvl:y perionn, d:uha~gg e:ccute, effeq, complet~. comply with and ab:d~ by •ad+ •nd every rAe sripularians, agreen,een, co~d;rioru, and oove~ann of sad prom~ssory no~• ~+d ~ha mw~gaps any w ei~her. and s~~d costs. cMrgcs and experres, eac6 and every. sh~ll be im~nedi~tdy due and pay~bk: whether a nw there b~ notice ds msnd, ar~empt to colkct a wd pendin~; ~nd tM full anww+t oE sacA ~nd every wch paymem shall Eca. ineerest tran ~M dat~ rhe.eof ueril pad a~ the ~an ~I nine per centwn per an~wm; and a11 sa~d costs, charges u~d eYpenses ~ncwred or pa~d, ~oye~Mr wi~h such ~~terest, sMll be secwed by tM lien of tias mort~, A. TMt in the eveet of say brcach of thia Mwtgsge a default on tl+t part of the MORTGAGpR. a(b) i~ 1he event a~r ot ia~d sums of money herein ~eferred ro be na pro~ptry and fv!!y paid wi~h;n thi:~t ;30) days nex~ af~e~ the same urcrally become due +nd payable, withovt dcmand or notice. or (c) ie~ tM ewnt each and every the st~pulat~ons, ~greemenn, cond~t~ons snd c,w~en~nn of sa~d promissorY oote and th:s mwtqs~ any or e~eher ue no1 iuly. prompty ~nd fu11y pe~famed, d~schuged, eaecuted, effected. compfeted compl~ed w~rh and ab:ded `~r, then i~ e;ther a ~ny tuch ev~ot th~ sa~d ~ yregst~ wm meMioned in s~id p?omissory note then remaininy unpsid, with intaest xuued, and a11 mp~eys secwed hereby. sliatl becorn~ du~ and pay~ sble fathwitly M tF~ltN~fN. ~t ~h~ oprion of sa~d MORTGAGEE, u fvlly ~nd cample~ely as i( all of the said swns oi aqney wero wgi~atly st~pulated ro be pa~d on such day. any~lwg in ss;d promiaswy note w in this Mortgage to the con~nry notwi~hsund~ng: u~d thereupon or there+fte~ at th~ option of sa;d MORTGAGEE, without naKe a dem~nd, suit at la~v or in eqvity, 1FIpfl~pf! Of lI1lfNfftl begun, may be p?osecuted ~s ;f ~II moneys secured hereyy had matwed p?Wr lo its iMtitutipn. 7. TAat in rlw erent that at rhe beg;ro?Irg of a at any time pend~ng ~oy wtt vpon tha Mortg~ge, or to fweclose it, or w refwm it, a ro enfo.c. payment of any daims he+ew+da+, said MORTGAGEE shall apply to the Cou~t F+~ving jw~sdKtion thereol for Ihe ~ppantment of ~ Recciv~r, wch Coun shall fortliwith sppoint ~ reteiver of s~id mort9sged prope~tY all and :ingutu. inch~dug all and sinqvlar ehe income. prolits, issues ind revenues from whatever wurce derived. ead~ u~d every of whKh, ir bciog expreuly vndersrood. is hcrcby mwtgaged u if specifically set fpth and described in the yru?ting snd habendum dausei I+ereof, and such Receive~ sMll have all the broad and effcc~~ve ivncewns ard powers in ~nyvriu entrusred by a Covrt ro a Receirer, and :uch appointment ahall be ~nade by wch Covrt ~s ~n ~dmitted equity aod a mrtter of absotute righ~ to said MORiGAGEE, anr- withouf rchrence to the adequxy a in~deqwcy of fl~s wlue of the p.operty mwtgaged or ~e @,e son,ency p;nso~v~ncy of ~aid MORTGAGUR o. the dcfendints, x~d tFut wch renn, profin, uicane, issues u~d revenues shaU be applied hy svch Receire~ accad;n9 to t!+e lien a equiry of said MORTGAGEE and the practice of wch Court. 8. To duly, p~omptly snd fully pertorm, d~sch~rge, execute, effect. complete. comply wit6 ~nd ~bide by each and every the stipolations. ~greements, cond~tioro ar+d covenants ~n sa~d promissory nae and this morrgage ser forrh. 9 That in ths event the ownership of the mor?gaqed prem;ses. a any part thereof, becanes vested in a pe~son other thsn the MORTGAGOR, th~ hlORTGAGEE, in succeuon ud sugns, may, withouf notice ro the MORTGAOR. dcal with such succesw~ o? wccessw in interes~ with refercnce to ~hia mongage ar~d the debl hereby setured in the same manner ss with Mortgagor withovt in any Mray viYuting p discharging the Mwtgagws' liabiGty here. under a upon the debt hereby secured. No s~7e of the {xemixs hercby mortgsged a~d no Eabearance on the part of the MORTGAGEE or ih successors or assig~ and no e:tension of the time for tFK p~yment of the debt Fweby secured given by the MORTGAGEE or its successors or as~iyns, sha~~ op~rate ro release. d~uharye modif~ chanqe a affect the origu+al liab~l~ty of the MORTGAGOR hercin, either in wlwk w in put. 10. It is spec~fically ~greed that time is of the esscnce oE thK conrrad ~nd that no waive~ of any oblig~tan herevnde~ « of the oblig~Yan se- c~red hereby sha;l at a~y tim~ therc~her be hey to be s waiver of the terms hereof o~ of the iiutrument secwed herby. - 11. In add~tion to the fwego:rg monthly paYments of prin~ p~l and inrerest requ+red by the prom~ssory r?ote secured hereby. morrgagor cpvenants and ag~ees to pay to mortgagee with each mo~~thly paymem ~n ~ddi~ionsl svm estimat~d by mortgagee to be egwl to 1/12 of the annual cosl of the follpw- 'ng: A-All real properry axes kvied w usessed againat the sbove dewibed resl estate. 6-Premwms on fire and windsrorm inswsnce as htre~n reqv'aed ro be carried on the imp~orrmenh sitwre on the ibove desuibed premises. C=Vremiums on such mortgsge gwranty ir•swar,ce as mwtgagee shall from t~me to t'une deem fif to cury ai the lo~n secyred hereby. Morlgagee ahatl from time ~o time notify mortgago~ in wr~t~rg of the amount due a~! psyabk hereunder and such wm shall thereupon be due ~nd ~ayable on ti+r due date of tl,a r?e:t monthly payment and exh successive month thereafter wtit mortgagee shaA rat~fy mortgago~ of a clwrge in wch amp~nl. $uth tumt ahall be applied by mertgagee tou~,ard fhe psyment of real properry tsxes, inwrance prem:ums, and mort9ag~ 9uaranty ;nwrance premium~. t 1 ESS WHE ' the said MQRTGAGQR has hereunto set h+s hand and seal the day and`1!".~.. fJrs~ afo?eaaid. liv in tfie presence of: ~ _ C /,~~.~t~ ~ ~ ~ ~ v 0 . w,~ ~•0 57ATE OF FLORIDA ~ c~urm oF Saint t_u _ia 8efwe me penonaUy appeared L@O C. WeaV@r Mildred L• WEaV@r, h;s w;fc, to me well knawn s-d known to me to be the individwb described in and who executed the fora~oing ;nstrvmem, and ~cknan,ledged beiore me that they executed the same for the pwposes therein acpressed. Md the sa~d-_ Y~ 7Ar.~1 I~ 41Q~ye=~ wife o+ ti,~ „~a _ Leo C W@dVeY upon a sepa•ate snd pr'nats examinaYwn by me qken sepxate and ~pan from her ssid hytb~nd, scknowledged to snd befo?e rn~ th~t she e:ecuted ssid irotrvmcnt freeiy and volun- tarily and w;~hpit ar~y compu?sion, constrsinr, apprehen~~r fear of or from her said iwsband. WITNESS my 1?ind and oificiat seal this ~y o( December /l, D. 19 67 ~ .~liC~? Notary P..blic in ar+d for tF+e St te pf Florida at lar9e N1y Commiuion expir ii 3/6 9 Return Ta. - ~ofaty 6CY, Sfate a1 Flprida at larq~ F~.sr Fade.at s.~;~s a ~o,n Assoc;ar;a? ' MM CoG~missioR Expires Nor. 3. 14b9 Of fWf FiNt!' ~ae~d E~ A.~r,caa Fr~ 8 Caw~ Co. fort Pierce. Florida p . o a~~°~oF~-a, ; . ~ . F~~EO~ ~ ~ov a~F,~ o _ - - ' " - s~. ~U*'.rR" •o~,~"t~" - ~ ~ 7 c" . ~i~ - • ` - ' - 1~. 51 ~.c y ~ o - . ~ ~ '6~ . a 162~-~~~5 ~ . ~ i C ~ j~1S C~~y~~ ' c~£~K ~1R~ ~ R " ~ aaoK 16J PAc~1~~5 ~ ~~-y /-~'l -•~a