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Home My WebLink About0349 I i To plac~ ~e+d continuouily keep on tM bvild~nps now w hH~afta ciw~n on aid land ~nd on all pulp~n~nt u+d pasonally cow?~d by thi~ mortQ~ ~p~, with ~II premi~mt therton paid in full, ik~ insur~oc~ in t!y vw~l st~ndard policy fotrn, ~n a sunt ~pptowd by tM IYIORTGAGEE, u+d wi~dttotm ; tnswanc~ in tM vswl u~ndard pol~cy form, in a swn approvad by tM MORTGAGEE, in tuch company w comp~ni~s ~s tM MORTGAGEE may ! d'v~cft u~d ~II i'u~ snd windstwm iruuranc~ policiet o~ any of a~id build~nps. ~ny ink?~~t tMnin or pan th~~wf, in t!?~ apyrepaq wm aforyaid or . fn ~xass th~rwi, ~hall contain ~M wwl sr~ndud mortQayN cl~v~ a s~ch orl+K cla~a a th~ Mortpag~e nuy ~eqvu~, makkg th~ losi w+dN said polF c~. ~ath uid ~very, paYabl~ ro s~id MORTGAGEE +a iri Intereit may ~ppe+?. and e~ch snd ~veiy such poliq tMll b~ promptly ass:pned and dNivertd 10 any h~ld by s~id MORTGAGEE ~s funher secv~ity to said morty~~ dsbt, and, not I~s~ tMn 1ee~ (10) days in ~dva~c~ of tM ~zpir~tian of ~ach policy, ro da liwr ro s+id MORTGAGEE a rMewal tMr~of, tops~lwr wi~l? • receipt fw tM premi~m of such r~n~w+lj and thK~ ~hall M ra fir~ w wir?ditorm I~u~ranc~ pl~ad on ~ny of s+id buildiegs. ~ny interat tMnin a p~h thKeof, unl~u in tFr form'and with tM loss pay~bl~ as ~fa~saW: u+d I~ th~ ~vtnt any wn+ of maNy beca+ws p+yabl~ ~ndK sud+ policy w potici~s s~id MORiGAGEf shat! Aaw tM optan ro nceivs and ~pply ~M suM on accoum ol tM i~dsbtad~ rKa sesv~td I+Keby ot to permit iaid MORTGAGORS lo tsceiv~ ~nd us~ tt a•ny pa~t thereof ta other purpoaes, wi~hout fhareb,r waivi~y o~ impair- tny ~nY pvity, li~n o~ ripht under a by virtw of this mort~sy~s and in tM evcnt said NtORTGAGORS thalt (w any reason fail ro k~ep tM wid p?Nn~ses so ' In~ured, or fail q dtliver p?omptly ~ny of said policies of insunnt,~ to s~id MORTGAGEE, ot isil promptly to psy fully ~ny pt~mium thtr~for p in ~ny ns~ct f~il b ps.form, discharq~, execut~, ~ffect, compl~t~, comply wirA and abids by this coven+~t, a~ny part he~eof, s+id MORTGAGEE may piat~ +nd paY for such inawanc~ a~ny pan thereof without wahrinp w aff~ctirp +ny option, tJa, puiy, a?ipht unda o~ by virtw of this Mort~ape. ~nd tM full amovnt of Nch and ~very ~uch paym~nt sMll b~ imimdiatNy dw and py~bl~ and ihall bea~ int~rest from tM dat~ thcreof un~il p~id at th~ rat~ ol nirn pK tentvm per ~nnum and tayefher with such interest tMll b~ secured by tik li~n of this mortp~yt. 1. To permit, commit or suHer no waste, impaument a deteriw~rion of ia+d prope~ty or any put the~sof. S. To pay di and ilnp~t~r tM.tostt, tharyes and expenus, indudinp a re~sonable attwney'~ fes snd cosri of ab~tr~cts of title, i~cvrred or p~id st any time by said 1NORTGAGfE, betaus! w In tM ewnt of ths failure on tM part of tM isid MORTGAGOR to duly, promprly ~nd fuuy pertorm, d~xhary~, ~xsc~te, ~ffect, canptete, compty with and ~b;de by each snd erery the stipul~t~ons, .yreemenn, cond;rions, and cownann of s.id prom~uory nor~ and thi: mpfQape ~ny a ci~hsr. and ia~d co~h, cMrpes ~nd expeexei, each ~e~d eve?y, slwll b~ lmmediately due ~nd payable: whetAer a not there be no~ite ds m~e~d, att~mpt w colled or sui~ pH?ding; and ~M fvll srr~o~nt of each and every wch paymem ah~ll be~. iMeresf from ~M dat~ thereof unril paid .t r1,~ rate o( nine per cenrum per an,wm; ar~d a!! said cbsts, chupes ind expenses incurred w paid, top~thsr with such interpt, ~MII b~ a~cvred by ths lien of tha monp~. 6. That ja) tn the eve~f of any br~ich of this Mortps~ a defwlt on Ih~ p+rt of ths MORTGAGOR, or (b) in the ~vent ~ny of sa~d wms of ma+~y ~ I~an r~ferra! ro be nor promppy ~nd fully paid wifAin th;rty (3p) days nex~ ~fter tM same sever~lly become dve and psyabl~, without derrwnd w notice, or W in tM event each and every ths stiputatiaes, agraemcnt~. conditions snd covensnn of sa~d promiuory not~ ai+d th~i mat~e a~y w ~ithef ar~ no1 ~ ~uly, promptly and fully performed. discFuryed, execvted, effected. compteted, canplied with and ab~ded by, then in eithen w any such ~wnt ths s+id a~ ~ QreSsM wm trKntioned in s~id promiuory note then remainirg unpaid, with intc~est acuved. and all mw~eys secured hereby. shall betomt dw ~nd p~y- ~ble fathwith, a thereafter, ~t th~ option of sa~d MORTGAGEE, as fully snd completely ~s if ~11 of the said wms of money were orpinally stiput~ted to be paid on such day, aoythinp in sa+d p~om~uory note a in 1Ais Mortgage ro tha contrary ratwithstar?d~np; ~nd there~pon w thereafter N the optiw~ of said MORTGAGEE, without notice w demand, wi~ at law or in equ~ty, therefwe or theroafte~ begun, may be prosecuted as if ~II moneys sacvr~d hereby h~d matwed ~ar to in instit~tan. 7. iMt in ths event tMt at the beginn,ng of a at any time pend;ng ~oy suif upon thfs Matgage, or ro foreclose it, or to re~wm it, w fo enfwce payment of ~~y claims hereunde?, s~id MpRTGAC,EE shall ~pply to the Court hsving jurisd~ction thereof for the appantment of a Receiver, s~ch Court sha~l FortFiwith ~ppoim s ~eceiver of said mortyaged properfy atl and tingul~r, inctud~ng all and sing~lar the inmme, profi», iuves and ~evenves from wbatever ~ourte de~ived, e~th and every of wkich, it beirq expressly undcrstood. is hereby mortgsged ~i if spetifiplly set fath and dexribed in the yranting and habendum clauses hereof, and suth Receiver sh~ll have sll the b?osd and eifective functwns a~ powccs in ~nywise entrwted by s Covrt Io a Receiver, snd tuch appoinlment sAaN bt madt by auth Coutt aa an sdmitted equity snd a rr»ttn of absolute ri9ht to said MdRTGAGEE, snd without reference Io the •dequacy w insdeqvacy of t}?~ value of the prbperty mortgaged or to the sonrency w insolvency oi said MORTGAGOR a the defendants, and that such rents, profin, income, issues and revenues shafl be applied by such Receiver accordiry to the lien a equity of said MORTGAGEE and the prutice of such ` Court. 8. To duly, p~omptly and fully perfam, dixharge, execute, effect, complete, T conditwns and covenants ~n sa~d p~omissory note and this mortgsgs xt fath. ~Y w~th and a6ide ~y e+ch and every the stipulalions, ~greemenb. ! 9. That in the event the ow~ership of the mortgaged premises, or any pa?t ihereof, becomes ~nsted i~ a penon other tf?sn the MORTCaAGOR, the MORTGAGEE, iri aucuuws snd auigns, msy, without notice to the MORTGAOR, deal with such succeuo~ o~ tuccessor in interest with reference to thw mor~gage and the debt hereby secured in the ssme manner ~s with Mortgaga without in any way vitiating o~ d~uhargirg the Mortyagors' liability here- under a upon the debt hereby secured. No ssle of ~F,e premises hereby mwtysyed and no fwbearance on the pan ol the MORTGAGEE w its successors or sugns and no exren:~on of the ~ime fw the paymem of the deb~ hnreby secured given by the MORTGAGEE w it~ successors or us~gns, sha11 operat~ ~ ro reie~se, d~sdWrye, modiFy change w affect the orig;nal liab+lity of the MOQTGAG()R he~e)n, eitMr in wlwle or tn put. 10. It i~ spec~fically agreed that fime is of the e~unce of this corttract and tM1 no waiva of any obligat7on hereunder or of the obliystion st # cured hereby shall at any time thercafter be held to be • waiver o! the terms hcreof w of the instrument aecured herby. ~ 11. In addition to the fwego:ng monthly payments of print'p,~l and interest required by the promissory nore secured hereby, mortgagor covenants ~ ~ agrees to pay to martgagee w~rh each monrhly payment an add~~ional sum esNmared by mortgsgee to be equal to 1~12 of the a~n~al cost of the follow- ! i ! A-AII reat propery taxes lev~ed or sssessed against the above deuribed real estate. 8-Premiums on fire and wi~stwm i~surance as herein requ~red to be carried on the improvements situate on the above d~scribed premises. ~ C-Premiums on such mortgsge gwranty insursnte as mortgagee shsl! from t;me to time deem fit to carry on the loan secured hereby. - Mortgayee shall from time to time notify mortgagor in writing of the amount due and pay~ble hereunder and such wm shaU therevpon be due and payable on the due date of the ne:t monthly payment and each successive month thereafter ur~il mortgagee sha11 notify mortgagor af a change in such amount. Such sums ~hal! be applied by morigsgee toward the payment of real propeity-tax~ insurarxe prem:ums, and mortgage guaranty ins~rance premiwns. l IN WITN WHER , the d MORTGAGOR has hereunto set his hand and tcal the day and ye~r fint aforeaaid. , Sip~ed. ~ ence of: . ~ ' +4 Q/Z ~ n . , STATE OF FLORIDA ~ Saint Lu~cie u- courm oF ~~«e ~ . Edgar A . Clark Pe?wn+ Y PP~arcd ~nd _$YlV la E. Cla rk, his wife, to me well krawn and known to me to be tM indiv~dwls described in and who executed ths foregang instrument, and acknowledged before me that they executed the same for the pwposes r~.~~, ~xP.~. ~,;a Sylvia E. Clark, ~re ot rh, ,.;d _ Edgar A. Clark vpon a xpar~te and priwt~ e:am;nst;on by me taken separate and apart from her sa;d husbsnd, ~tknowledged to end before me that sF~e executed said instrument freely and volum t~rily and without a~y compulsion, constraint, spprehensan, or eu of or frc•.i her asid Fwsband. WITNESS my h~nd and officisl seal this.~ a~~ d~y of J~~ry a 0. 19 68 . U ' ~ Notary Public in and fa the State of florida at Larye My Commiuion expires: ! I-.Z (n ~ 7/ r°: FtLEO AND RECORDED ~ fint Fedenl Savings a~ nu«~a,~«, gT_ COUiJTY. FLA. MY COMM SS ON t~(PIRES ~i~io`v~y~ib ,~s-nt Of fort P;erte. f~ r~1 C? r~ J` a~-tED ~ ~ONOEO 1NNVU{iM ~p .p W. ~,ESi6lMOR's fort Pierce, Flwida . • . f . I . '66 JA~d • 43 _ -~~3~Q~ ' _ - : ~ , This insfrument prepared _ ~ ;s - ; = ~ ' ~ first feder ~ - ~ _ al Sav. & Laan As n~RK ~'RCUtT COURT - ~ of Fort Pierce . . ~ _ . ~ ; 1 Q~ ~ `J ~ B~K O PAGE 347 = ~k ' ~x~:: - _ xk~::~ a ~ ; s , . ~ .