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Home My WebLink About0003 . • . , ~ 1 t ~ •~1 To pl~c~ a~d cauinuously keep oe~ tM bui!d~rqi now a Mre~ftN ~ituat~ on said lu+d and on all equipm~nt and p~na?+Ity cov~nd by ti?is mort¢ . y~, with sll pnmiurtA ther~on pa~d ie full, fire insu.~nct in the usw~ seandard policy fwm, ~n a sum approvsd by 1he MORiGAGEE. ~nd windttan+ inwr~nc~ In tlN uiwl i~andard polky fam, in ~ wm ~pprov~d by th~ MORTGAGEE, in such canpany w compan~es +s tF+~ MORiGA~iEE may d~rec~~ ~nd all tir~ and wu~d~ro?m inwranc~ policies a? ~ey of said bviidinps, any int~rpt thertin w part the.eof, ln tM a~re9a~ sum afw~~ad w in ~acas tl+aeof, sMll contain th~ uw+l sund~rd mo~t~spN cl~us~ w iuch otha cl~use u tM Mortp~ya~ may requu~. maki~+p tM lou unde~ s+id po14 ciq, tach and ~vNy, payabt~ to said MORTGAGEE as its intsref~ may ~ppN~. +~d e+ch ~nd evay ~uch poliq shall be promptly ~u:9ned u+d d~livered to any htid by said MORiGAGEE ~s (urthN secv~ity fo taW mort9~pe debt, and, not I~ss than t~n (10) days in advanc~ of th~ ~xp~ration of ~ach policy, to da livK to ~aid MORTGAGEE • r~newal tMreof, topethK with ~ ~ece~pt iw the prtmium oi such renew~l; and th~n th~ll bt no fir~ or windstam intv.ant~ pl~ad on any oi said bvildinpf, any interesl ti~fin o~ put thsr~of, u~l~ss in th~ form and with tM lou p+Y+bl~ as afortsaW; ~nd in 1M ~vtnt +ny ium of mon~y becan~s p+y+ble u~der ~uch policy a pol~cies uid MORTGAGEE shall haw ~M option to receiw and +pply tM ian» a+ +aaa+1 e1 ~h~ indeb~ed~ n~ss s~cv~~d F~~by w M psrmit said MORTGAGORS to reteive ~nd us~ it q any part thereof fa other purposes, wi~hout thareb/ waiving o~ imp~ir- inp se~y pvity, li~n w rpM vnde~ or by virtw of this mort~+yts ~~+d in IM ~vent wid MORTGAGORS sh+ll fw ~ny rtaton fai) to ktep the ~aid pr~mises to insured, or fail fo delivet prompNy any of said politias of iniunnte to uid MORTGAGEE, a fsil promptly to pay fully ~ny premium therofw p ie~ any nspect fail to pN(otm, dixharye, execut~, effetf, complet~, comply with ~od abid~ by this covenant, a~ny part hHwi, ssid MORTGAGEE rruy plite and paY fa arch ir?wranc~ or any put tMreof wirhout w~lvaq a affeainp any op~ion, li~n, pulty. w ripM unde? a by vi.tw of thi~ Mortp+~. and the full ~rea~ot of each a+d every s~ch psyment sMll b~ immedi+tely dw snd payabl~ and sha11 bear inters~t from tM dat~ theraof until paid M th~ ratt ol n~n~ p~? centum pa annum and to~ether with such interest sh~ll be aecured by tM 1'~en of this mortp+p~. 1. To ptrmit, aannut w sufier ra wast~, :~apairment w deMrioration of uid prop~?ry or eny parl therwf. S. To pay all snd wgul~r tM.cwts, charqes ~nd expenses, includi~p ~ ressonsble ~norneY's fee snd wsts of sbstwcts of title, incuned or paid ~t ~ny time by said MORTC'iAGEE, bscavss a in the ~vent of the failuro on the put of th~ ssid MORTGAGOR to d~ly, promptly and fully ps?fwm, d~ichar9R execute. ~ft~ct, oomplete, coa?ply with and abide by ~sch and every tl+s sNpuktio~u, sgreemen», conditioro, +~d cown+nn of said promissory note and thu ~ mwtga~~ sny w ei~her. and sa~d costs, cMrges snd ex~es. each ~nd every. ~h+ll be immediately dw ~nd p+yable; whether a not ther~ be notrce d~ j msnd, attempt to collect o~ wit pa+d~ny; sod tM full smount of esch ud wery wch payment shsll bea. interest from the dats therwf until p~id ~t the rate of nine per centum per arn~um; snd all said tbsts, cMr9es and eapensts incwrad or paid, topether with such intertit, shatl b~ ~tcuted by th~ li~n of tha ^arty~• 6. 1fNt (a) in tM eveat of ~n~brc+ch of this MortgsQt o~ default on the part of the MORTGAGOR, o? (b) in the ~vent ~ny of pid swns of morwy hcrctn referred ~o be ~ot pramptly and fully paid within fhirty (30) days nexf after fhe san+e severally become due and payable, wifhovt demand or notice, or (c) in the event each ~nd ewry ~he atip~lations, sgreemenn. cond~Yrons and coven+nts of sacd p~omiuory note and th~s mortpa~e any w ei~her ar~ not iuly, promptly snd fully perfwmed, d~uharged, executed, effected, campleted, complied wi~h and abided by, then i~ e~ther or sny tuch ewnt tM said a¢ preast~ wm mentioned i~ ~~id promiuwy noro then remaininp unpaid. with interest ~ccrued, and all moneys secured hereby. sh~ll become dw and p~y- able forthwith, a f}IlfNffN~ ~t the optwn oi said MORTCaAGEE, u fully ~nd completely as ~f sll of the said sums of money were oripinally ttiputated to be paid on such day, ~nythirg in said promiuory note w in this Mortgaye to the contrary notwi~hstanding; a~~d thereupon a therwfter at ~fie option of said MORTGAGEE, without notice w demand, suil at law or in equity, therefore a there~fter begun, may be prosecuted ~i if ~II moneys secured hereby had rrWwred prior to in enstitution. 7. Thst in the event thaf at the begine+ing of or ~f sny time pending aoy suit upon this Mwtgage, w ro foreclose it, or to refo~m it, or to enfores payment of ~ny clsims he~eunder, said lNORTGAGEE s1u11 apply to the Court having jurisdiction thereof for Ihe appo~ntment of ~ Receiver, such Court shall fortFiwith ~ppoiM s receiver of said mortgaged property all ~nd singufar, includ~ng all and singula~ the income, pro(its, issues and reve~ves from whatever wurce derived, each and every of which, it being expressly understood, is Ixreby mwtgaged as if specifiully set fa~h and dew~bed in the granting ~nd habendum clauses hereoi, and such Rcceiver shall have •II the broad and ef(ective funct~ons and powen in anywiu entrusted by a Co~rt to s Receive~, snd suc~/~pp ntment sMll be made by such Court as sn admitted equity and a ma~ter of absolute right to said MORTGAGEE, and without reference to the adequa3y a insdequxy of the wlue of the property mortg~ged w to the sonrency w insotvency of said IYIORTGAGOR or the defendanti, snd that such rents, profin, income, issuea and revenues shall be applkd by such Receiver accordiny to the lien w eq~ity of wid MORT6AGEE and the practite of such Co~A. 8. To duly, promptfy and f~lly perform, discharge, execute, effect, complete, comply with and sbide by each and every fhe stipulations, sg~eements, conditiorn ard covensnts in u~d promissory note and this mortgage set fath. ~ 9. That in the event the ownenh7p of the mwtgsged premises, a any part thereof, becomes vested in ~ person other fhsn the MORTGAGOR, ths MORTGAGEE, iri succeuors snd assig~s, may, without notice to the MORTGAOR, deal with such successw a successor in interest with reference to this mortgsge and the debl hereby secured in the same manner as with Mwtgsgor withouf in any way vitiating q discharging the Mwtgagors' liability lkre- ~ under w upon the debt hcreby secured. No sale of the premixs hereby mortgaged and no forbearance on the part of the MORTGAGEE a its successws o~ assigns snd no extension of the time for the paymerJt of the aebt hereby secured given by the MORTGAGEE or its succeasors or auigns, shall operate ro release, dischsrge, modify change or affect the original lisbility of the MORTGAGOR herein, either in wFak or in pa?t. 10. It is spec~fically ag~eed that time is of the essence of this coritract snd that no waiver o1 any obligaYwn hercunder or of the obliyation se- a.red hereby shall st any time thereafter be held to be a waiver of the terms hereof a of the instrumeM secured herby. 11. In addition ro the forego:ng monthly payments of prin~ ppl and interest required by the promissory note secured hereby, mortgagor covenaNs and sgrees to pay to mortgagee with esch monthly payment sn add~rional sum estimated b~ mwtgagee to be equal to 1/12 of tF?e annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. ~ B-Premiums on fire and windstorm insurance as here7n requ~red to be carried or+ the improverrKnb situate on the above desuibed premises. I C-Premivms on such mortgage gus~snty insurante as mortgagee shall 4rom time to time deem fit to carry on the bsn sec~red hereby. j Mortgagee shall from time to time notify mortgago• in writiog of the amount due and payable hereunder and such sum shall thereupon be due and ~ payable on the du~ date of the next monthly payment and each successive momh thereafter urtil mortgagee shall notify mortgagor of s change in svch amount. Suth iums shall be applied by morigagee toward tht payment of real property tsxes, insurance prem.~ms, snd mortgage ~uar~nty insu~ance premiVms. 3 IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day snd y r first aforsssid. d and sklivered thQ of: r ~ ~ ,n ~ a~ x n . n•~n ~ STATE OF FlORIOA. ~ Saint Lucie ~ courm oF ~ eeiwe me persoeally appesred Hardie Cam= bell and. Queen Campbell his wife, to me well known and known to me to be ~ the individwls desuibed in and who execu~ed the foregang instrument, and acknowledged befwe me that they executed the same for the purposes therein ~xpressed. Md the ss' T wife ot the said ~ upon a separate and priwts examinafion by me faken icperate a apart from her said husbsnd, ack~owledged ro snd befwe me that she executed said insvument freely and volurt~ ~ rarily and without +rq~ compubion, constraint, spprehensio0.~r fear of or frc. ~ her wid husband. w ~ WITNESS my hand ~nd officisl scal this ~ day of `7 nudr A. D. 19 68 _ ~ ~ Notary P c in and fw the Stste of Florids at large } k° My Com ssan expires: 4 ~ Return Ta. ~ Fint federal Savings a loan Association ~ ~ Of fort P~erce. :~Otary PttWR, State o} Norida at larp~ ~ Fo.r Pierce. Flo~ida _ fily Commission Expires Aug. 6. 1911 ~ =~l . l~a.a bc e~s, Ea I! c•_~Mr c~y • • • s~:"• = ~ ' ~ ~ ' + ` . ' J~. ` i FILED AND RECORDED ~ This instrument prepared y ~ ~ - ~E coU?~TY F~A. . First federal Sav. & Lcan A s n. p` _ ST. LU C~. t ~ i~ 0 {~~'~i !FR! ~ ~ (-~~i~irce - By . . : ~ 634`?"1' 6 . ~ t~'`~~ '68 JA~~ I 5 AM 10 : ~ ~ Q-~.G':.e~ . e~ , 0 R ~7O PAGE J ~:t~ ~ : c: ; ~..s ~ ~ d~K CLERK C1RCUlT COURT ck ' - - - a - ~ z~ : p ~ ~ ` . - "'~~~r:_ ; - "