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Home My WebLink About2073 To plau ~nd contu?uously keep on tM bu~!d~ngs now w hereaftN situa» on ia~d land and on alt equ~pmeot ard pNSOn+~M covK~d bY tti~ ^~a~0' a~~. w~tA ~11 pemiw?w ~hawn W~d in full, 1'u~ inswu+c~ ~n ~hc vsuat aa~dard polKy tw~w, jn a swn approvad by ~M MORTGI?GEE. u?d w~ta~n ~~aww~a in tM uswt standard poi~q fam. in • ~un approv~d by N?ORTGI?GEE. in such canP+^Y u co~P+^~~s ~s ~!r NtORTGAGEE may d~rectr ~nd all ~'u~ u~d w~ndsa.m insu~~eu polK~es on any o( u~d buiW~, any i„Mr~st ~Fw~~n or pu~ r!.aeof, in tM +~g~e9~a swn afor~id or in ~xons ~heraaf, st~+ll cmta~n tM usual standud mor~gayK ci~us~ w iuch aM~ cl~us~ u tM Maty+9e~ ~*+y re4u:n. ma~~^0 t1+~ bu ~~de~ s~d pot~ ci~s. ~ach and ~ve~y. p+Yabl~ a said MORTGAGEE ~s its inte~est may appea~. u+d eich ~~d ~w~Y suth Pol~p shall b~ p~oinp~ly +ss ~~sd and d~livKed ro •ny I+~Id py s~;d MpRiGAGEE u fu~~ha. secwlhr ro s+~d morr~a9. dcb~. +nd ~ teu tF~u? t~n l10) d+YS in advanc~ of ~M exp'uatan of each pol~cy. to dr I~vN ro ia~d AWRTGI?GEE • raxwal thereof, togetl+N witA a rtceipl fcr the prem~un? o! wch rN,ew+~: and ~M.~ sMll bt no fu• w windi~«m ir?~uranc~ plac~d on a?y of sa~d build~rgs, u?y inte~est thsr~~ w part ~Mreof, unteu in ~!K fwni and with th~ bss p+Y+ble as +fw~said: ~nd in N+e ~ven~ any ium of mawy btcanea p+Yable u~de~ such policy a polkie+ taid MORTGAGEE shall l~sw rM op~an ro~eceiw and +pply ~M san+. a+ +ccoun~ 01 ~iw w+d~ted' n~ss secur~d haeby w a peren~t sa~d MORTGAGORS ro receiv~ and ~se it a any pa~t thereo( lor othe~ pu~poscs, w~~hout th:reb~ wa~vi~y a~mpair- irg ~ny p~ity. lien or ~gh~ unde~ w bp v'utw of this mor'9ape: ud in tM ~venr said MORTGAGCRS shall fa any rsawn tail to ketp tl+~ sa~d prKn~se1 sc in:~~ed, w i~il w deliva promptly any of se~d polKies of insurww to sa~d N10RTGAGEE, u fai! promp~ly fo p+y fully ~ny pemiwn therefw w in s~y resped fail b pe~(onn, d~schupe, execute, effect, canplet~, compy with and ~bid~ b1r tl+~s covenan4 0~ anY P+r~ hereoi, said MORTGAGEE mav P~+~ P+Y (a such inw~anc~ or any pah th~reof wi~hout waw'u+p w afiacta~p +~Y oW~oe. ~wn. M~+~~Y. w ryht unde~ w by virtw of tA~a Ma~g~. and the fu11 smoun~ of each and e~rery sucA Wyrnent shaU be imned~ately dw ~nd WY+bI~ +^d sha~~ beu inte~eu irom ths dat~ thereof until paid a1 th~ raM ol rtirw pN tentv~n pN annum snd to~ether wi~h such inte.est sha11 be secu~ed bY the lien of this mong+pe. 4. To permit, cornmit or wf(er no waste, imp+'vment w deteriorarion of sa~d prope.ty o~ +ny p+rt ~fie~sof• i 5. To pay all snd wgular the.costs, chu9es +nd exPenses. ~^clvdiny • ressoeaWe attomey i fee and tasts of ~bstr~cts of title. incur.ed or p~~d at ~ sny time by iaid MORTGAGEE, becaus~ w in the event of the failure on the p+n of th~ uid MORTGAGOR ~o duh/, p~omptly a~d fvlly pe~foren, d~uhuga exesut~. ~ftect. ~a^Pb~e, ca^Ph w~th and ab:ds by ~+ch u+d every the stipula~wna, agreements. cond~t~wu. and aovena~n of sa~d promtsfwy not~ and ~h~~ mortya~e ~ny Or ei~he~. ~nd sa~d cosn. chu9es and expenaes, each snd eve+y. sh+ll b~ inrned~atcly due and parible: whe~her a not rher~ be not~ce ds mand, sntmpt to colkct or svit pcnd~ng: and ~M full s~now+t of tach ~nd every wch Wyma?~ sM11 bea. inreres~ irom ~he dar~ ~hereof u~tit pa~d a~ tht rare of r?~ne pe~ ccnrum per urwm; u~d ~II said ccsts, chuges and eape~ses ~++cwra~d w Wid, wg~ther w~th wch ims*est, ahall be secured by th~ lien of this morty+~. 6, if~a~ in the eveet of any brcach of ~his Mortgs9e w defwl~ on the put of the MORTGAGOR, a(b) in the tvent uiy of ~ud swns of moner hcrein rtferred to be not promptty ~nd fully psid wirhin th~~ty (30) d+Ys nea~ afte~ d+e same sevei+lty become due u~d payabte. without dem+nd w not7ce, or lc) in the event each and every the stipvlations, agreements: conditia+s and coven+ots of sa,d promiuory note ~nd tA:s mwty+pe aey w e~ther art ea1 iuty, promptly and (ully performed. d;scharged, e~eecuted, effected. canplered, complied w7rh and sb~ded `~y. ths~ in e+ther a any such evem th~ uid a9- flregsr~ sum mentaned in ~sid promiuay note then remsining unpa~d. wi~h inrerest acuued. and a11 mor.eys secv~ed hcreby. shall become due ~nd pay~ able fathw~rh, w thereafter, at the opr~on o! sa~d MORiGAGEE, u fvly ~ad canpletely as if all of ~he sa~d sums o( mw~ey were or~g~na~~Y +~~P~~+~~ to be pa;d on such .iay. anything in ss:d prom~ssory note a in this Margage to the comr~ry notw~~hs~and~ng: u~d the.eupon or thereattea at the op~~oe? of said MORTGAGEE, wirhout nor~ce w demand, sui~ at la~v w in eq~iry, therefore w thereaf~cr begun, may be prosecvted +s if moneri sen+rrl here~y had matwed p~ar to its institution. Th~t in the event that at the beginning of w at any timc pendirg aoy wit upon fhis Mwtgsge, w ro foreclose it, or to reiorm it, w to enfwce payment of any cla~ms he?eunder, said MORTGAGEE shafl apply to the Court h~virg jor~sd~ction ~hercof iw ~l+e appo~nimcnt of ~ Reteivet, suth ~ourt shall fortFiwith sppoint ~ receivd of aaid mort9aged {xoperty all ~nd sirgvtar. includ~ng all snd singvlu ~he income. p~olits. iuues and revenues from whateve~ source derived. each and every ~f wh:cA, i~ be~ng rxpressly undersrood. is he.eby mongaged u if spec:ficaNy Kt fath a++d dewibed in the p.anting and habendum clauses hereof, ~nd fVt~1 RKlIVN shall have all the broad and eifecr~ve funcnons and powers in anyw~se entrusted by a Court fo t Receiver, and wch ~ppointment shall be msde by wch Cov~t u an admitted equity ~nd a m+ttcr o( abso~ute r~gM ~o said MORiGqGEE, and witAout refercnce to the adequscy w inadeqwcy of the w~ue of the properhr n+w~g+ged or 1o the wwency a insolv~ncy of ssid MORTGAGOR or the defendants, and ~hat such renn, profin, income, issues +nd revenues shatl be applied by svch Receive~ xcordu~ ~o the lien a eqviy o( ia~d MORTGAGEE and the practice of such CouA. g, To dul-~, promptly snd fully perform, duciwrge, execute, eifect, complete, comply w~th ~nd sbide bp exh and every the stipulations, agreements, conditio~s and covcnants ~n sa~d promissory note ud this mw:gx~ set fath. 9. That in the eve~t the ow.+ership of the mwtgaged prem~ses. or +ny put thereof, becwnes vested in a person othe~ thsn the MORTGAGOR, the MORTGAGEE, ib succeuws ~nd augns, may, without no~ice to the MORTGAOR, deat with such wtteuw or succes~r in imerest wi~h re(e~ence to this mo~tg~ge ~nd the debt F~ereby secwed in the same ma~u+er as w~~h Matgsgor w~thout in any way vitiaung a d~x)»rging the Mwtgagwi li~bitiry hcrr under a upon the debr hereby xcured. No sale of the premises hercby mor~gaged and no (o.beu~nce on the part of ~he MORTGAGEE a~is successon or augns ~nd no extens~on oi the rime fw the payment of the debt hereby secured given by the MOR?GAGEE or its successas or au:gns, ahall operate ro rcleue, discharge, modify change w a(fect the orig~rtal liab~l~ty of the MORTGAGOR herein, either in wFale w in put. 10. It is spec~~ically ag?eed thst time is of the essence of this contract snd thst i+o wsiver of any oblgatan hereunder w of the obligstion sr a.red hereby shall at ~ny time thereafter be F~eld fo be s waiver of the te~ms hereof or of the insrrvmem secwed hnby. 11. In add~na~ ro the forego:rg mon+hly payments of pri++c'pDl and inrerest requ~red by the prom~sso~y note secured hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each monthly paymeM an ~dd~rionsl sum esi~mated by mortgagee ro be equal to 1/12 oi the annual cost oi the folbw- ing: A-AI~ real p(operty taaes levied w assessed agai~st the above dexribed real estate. B-P~emiums on fire and w=ndstorm insurance as here~n requ:red to be cr.ricd on the ~mprovemeats s~twte on the above d-sa~bed premises. I C-Premiums on stich mortgage gwranry inwrar.ce as mottgagee sha~l Irom time to time deem fit to csrry on the loan tetured hereby. Mortgagee shall from fime ro time notify mortgaoor in wrtt~rg of the amount due and payabte hereunder and such sum shalt therevpon be due and payable on the due date of rhe next monthly payme~t and each success~ve month thereafte~ ~r.tit mwtqagee shall not~fy mwtgagw of a change in such amount. Such sums shall be applied mwtgagee ta~rud the payment of real property taxes, insurance prem:ums, and mort9age 9uaranty insuruxe premiums. IN E E . MORTGAGOR has herevnto set his hsnd snd seal the day ud year fint aformaid. rr~ of: W itnesses as to the Her rk of Arline Arlin~ (-~p`) Hamilton, a wido~~~~ ~ Hamilton biark -~c., a, r5es~ ST TE fIORIDA 1 c n oF Saint Lucie e~f«Q ~~~ny ~~a«a . Arline Hamilton, a widow, Ti~wnf~ to me well known and known to me to bs the individwif described in and who execvted the_ fuegoing inst~ument, and adcnowledged before me that t~eexecuted the same for tfle purpoaes sn ~ rherein e:pressed. 71lf~tl~ - r0lf~ob~lw~ssld '~~Ra^'~"~~~'~^~p~"a~'~' exarrw~tio~~?ar.~ak~rr.tip~~ab.a~apsriL~b~ciai~h~~orLadworrledp~d.loJ~heiatamtlbiT3~ReiKUte1 iiid+as~qtir~el~aodyoluo~ esA1~Yi~ ~i111~Abr aryr ~EM¢Ofltrn?r ~onwrr,.appr~F~wsioq, ~ ~oE ~e L~ h~e " ~ ' / WITNESS my hand and off~cial seal thi n d+y of ~ A. D. 19 Notary Public in and fw the State of F{wida ~t larpe RECOR~ED My to~;ua~ expird: 2(v -/J~ Return•To: ED ptv0 Y. FI First Federd Savings a lcan Assoc~at~~' `uC~~ C~+V~~j.. . • ~ Of Fo.r P:e~ce. NOTARr ~UBUC~ iTAT~ OF tt761~A AT tARi~ Fort Pi~rca Flwids ( Ci~~~6' wAY COMMISSIOIJ i.r1KC5 NOV. ~6, 1971 LV~v w~oco 11~NNyyr~ s.. _r n. o.csT~~MOws~ Pt4 ~ ~ ,6~ n :r 22 : ~ - _ CyFRK %;it.^.~-~T~C~URT ~ • 8~~K1~y Pac~2U56 _ ~ ck , ~