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Home My WebLink About0351 3. To plau ~nd continuously k~~P a+ tM buildirgs now or hereaftN ~itwt~ un said luid ~nd on ~II equipm~m ~nd pasonalb cover~d bY this map~ p~, with all pnmiu~+u therwn p+~d in fulb fi~e insuranc~ in ~hs viwl s+~nda~d policy form, ~n a sum approwd by 1M MORTGAGEE. ~nd wiaduorm (nwrana in ?h~ usual ~~andard policy iam, in a ium approv~d by tM MORiGAGEE, in tuch compa~y o~ comP+~~e~ +s tM MORTGAGEE May dinctr and all fk~ u?d windsto~m insuranu pol~c~e~ a+ ~ny of aid build~nps. ~ny int~rtst th~+~in w p+rt ?l+e~wf, in tM apyre9aq sum afaes+id or in ~xcns tha~of, ~MII contaia th~ uiud ~taadud matyapi~ cl~ust or sucA o~hs~ cl~ua~ as tM Mort~~s may rpuu~. m+kin0 t1w lou vndK uid po1F cia, tach and ~verY. Wvabl~ ro s+~id MORTCsAGEE ~s irs interest may ~ppaar, ~nd each and wery tuch poliq iMll bs pranptly su:pMd and dtlivtnd to ~ny Mld by s~id MORiGAGEE u furtMr aecu~ity lo isid mortp~~~ debr. ~MI, 110! ~f~f tFN11 IM (IO) ~yf 111 adv~rlt~ Of tM ~XPIf~t1011 Of NCA pOliCy. ro dr IivK to a~id MORTGAGEE a ree~ew~) Ihe~eof, lo~ethK with • reaipt for 1M ptmium of tuch renewsl; +~d ther~ th+tl b~ ~+o fir~ o~ winditam tnturanc~ pl~pd on ~ny of s+~d build'uqs, ~ny internt ther~in w part tMreof, ~nleu In tM form a~+d with tht loss pay+bl~ at afu~uidj ~nd in tM ~wnt ~ny sum of n?on~y becan~s p+Y+bl~ unde? wch Policy o~ Polici~s said MORTGAGEE shall h~w tM option ro receiw a~d ~pply 1M s+m~ on actovnt o~ tM i~debted~ rwq ~w~d hN~by a M petmit said MORTGAGORS to rKwive ~nd ~s~ it or any part thereof fa other purposes, wilhout Iha~eb/ waiving M unpair- irg ~ny qvity, li~n w~ipht vodsr w by virtw of this mwtyy~: ~nd in Ih~ ~vcnt s~id MORTGAGORS ah~ll fa +~y r~awn 4i1 to keep tF» iaid pr~mise~ w inw?~d, w fail b deliver promptly any of ~aid polities of insunnu to wid MORTGAGE£, or fail promptly to pay fu11Y ~ny premivm tMrefw o~ in ~nY ? rKp~ct f~il b pMform, diuMryt, execvt~, ~ff~ct, compl~b, comply with ~nd abide by this covenant, or any put !?srwf, s+id MORTGAGEF inay pl~ct and p~Y fp ~uch Imuranc~ w M+y part thereof without walvinp w~H~cNnp any option, li~n, puity, w ripht unda or by virtw of this Mat9+p~. ~nd the full amovnt of ~+d~ ~nd w~ry such paYment sh+ll be immediately dw u~d p~yabb and ahall bear inler~it from ths dat~ 1M~eof u~til p+id M tM rat~ ol nirn pM centwn pa annum u~d toyether with wcA intaest shall bs secured by the 1'~ of this mortpa~e• 1. To p~rmit, c«nmlt or iuffa no w+ste, impairment a detaior~twn of said prope.ty a ~ny p~ri /Mr~of. S. To F~y a0 ~nd ~inpulu tMawri, ch+rpes +nd ~xpenses. includiny ~ reatonable ~t~aney's fee and wsn oi abstracts of title. incuned or psid at ~ny tima by said MORTGAGEE, becaus~ or in ths ~v~nt of ths failure on tM p+rt of the said MORTGAGOR to duly, promptly ~nd fully ps~torm, d~xMr~ ~xecut~. ~((ed. compl~a. con+P~Y with and ~bide by ead+ ~nd every the itipul~tions. agreements, conditioro. and oovenants o( uid promiswry not~ ~nd thi~ mwt~ape uiy a e~th~r. and sa~d costs, ch~r9a and experrei, each snd ~very, sMll bs immediately due and pay~bk: whether a not ther~ b~ notici ds mand, sttempt W ooliecf w~~it ptnding; ~nd ths- full amount of each ~nd ~very such payment sh~ll bea. interest from tM datt thereof untll p~id al tM rate of nine per centum per ~nnum; snd all said custs, cMrges and eapenses ixurred w p+id, togelMr with such iMer~st, tMll b~ aetuted br 1M lian of thit matpsp~• - b. Th~1 j+) in the event of any bre~ch of this Mortyap~ a def~ult on tlr p+A of the MORTGAGOR, or (b) in the tvent ~ny of s~id wms of money herein nferred 1o bs not pramptly and fully paid within thirty (30) days nex~ after the iame severslly become due and psysble, wNhout dtmand o~ notice, or (d in the wMt each and ewry the stipulations, agreema+n, cond~tions and wren~nts of sa~d promiuay note snd th~s mortpape u?y a ei~Aer sre no1 ~uh. ptompNy and f~lly performed, diu.tisrped, executed, effected. compkted, compGed w~th and abided by. then in either w ~ny such ~wM tM s+id ~g pr~q wm mtntan~d in said promissory note then remaining uopaid, with inte?est acuued. and all moneys secwed hereby, shall becwne dw ~nd psy~ abb forthwith, q tI1QtNftN. at the oprion of said MORTGAGEE, as fully and completely as if al{ of the said sums of money wen agin~lly stipul+ted to be paid on wch day. ~nythinp in sa~d prom[ssory eote w in this Mortyage to the conaary notw~thstanding; snd thcreupon a thereafta a~ ths op~an of said MORTGAGEE, without notice a demsnd, wit at la~r w in eqvity, therefore or thereafter beyw4 may be prosecuted u if aIl rr~oneys secur~d hereby had matured pna to ib institution. 7. TMt in tM evenf that at the beginning of w af any time pending soy w~t ~pon this Mortgage, w to faectos~ it, or to refwm it, a fo enfora psyment of any claims he?eunde?, said MORTGACaEE ah~ll apply fo the Court :+sving ju~~sdiction thereof for the appo~ntment of a RKlIVlf. such Cou?~ shall futFiwith appoiM s receiver of said mortgaged property all ~nd singula?, includ~ng alt and singular ehe income, pro(its, issues and revenues from whatevet sourte derived, eath and every of which, it beinp expressly u~derstood, is FKreby mortgaged as if tpetifically set forth ~nd destribed in tF?e yrantinp and hab~ndum clavses hereof, ar~d s~ch Receive~ shall have all the bro+d and effective funct~ons u~d powen in anywiu entrusted by ~ Co~?1 to ~ Receiver, and wch appointment shall be made by tuch Co~h as an admitted equity and a matter of abwlute rigM to said MORTGAGEE, ~nd. without referer+te to the 1 adequscy w insdequacy of the wlue of the property morfg~ged or to the iorvency or ~nso~vcncy of said MORTGAGOR a the defendants, and thst such ~ rcn», profits, income, iuves and revenues ihal{ be applied by such Receiver accord~n~ a the lien or puity o( said MORTGAGEE and the practGce of such Coutt. 8. To duly, pranptly snd fully perfom~, diuharge, execute, effect, complete, comply~l~vilh ancl a6ide by each and every the sfipulatrons, agreemet?ri, condifioro and covenams in said promissory not~ and this mortgsge set forth. 9, That in the event the ownership of the mortg+yed prcmises, w any paA thereof,' becomes vested in a person other ih~n the MORTCaAGOR, the MORTGAGEE, iri succeswn end asi~gns, m~y, without notice to the MORTGAOR, deaf with such wccessw w tuccessor in imerest with refe?ence fo this ma~9a9e and the deb~ hereby secured in the ssme manner as with Nbrtgsgw without im~ny wiy viNa~inp,a d~s4h~~girg ths Mortgsgon' liability hera under w upa? the debt hereby secured. No ssle oF the premixs hcreby mortgaged ~nd np forbearance on the Fan of the MORTGAGEE w in ~uccesson a sugns and no exrens7on of the time fw the payment of the debt hereby secured given by ehe MORTGAGEE o~ its successors or suiyns, shall operate ~ ro rekase, disch+rge, modify thange w affect the originai liabillty of the MORTGAGOR herein, either in whok or in part. ~ 10. H is spec~fically ag?eed that rime is of the essence of this contract and thst no waiver of any eblg+tion hereurnler or of the obliyation s~ ~ n:red hereby thall at any time thereafter be held to be ~ waiver of the terms hereof or of the instrument secured herby. 11. In addition to the forego:ng monthly payments of print'p~l and interest required by the prom~ssory nore secured hereby, mortgagor covenants and +grees to pay to mortgagee wi~h each mon~hly paymcnt an add~iwoal sum estimated by mortgagee to be eqval to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied a assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be car~ied on the improvements situate on the above described premises. C-Premiums on suth mwtgage guara~ty in:urar~ce as mortgayee shall from time to time deem fit to csrry on the ban secured hereby. i I Mortgagee shall from time to time notify mortgagor in writing of the amount due a~d payable he?cunder snd such sum shall thereupon be dve and ! E pay~ble on the due date of the next mouthly payment and each successive month thereafter un~it mortgsgee shsll notify mortgagor of s change in such ! ~ amount. Such sums shall be applied by mortgagee toward the p+yment of resl properry taxes, iru~rance prem:ums, and mortgage guaranty insurance ~ premiwns. ~ IN WITNESS , the said MORTGAGOR has he~evnto set his ha~d and seal the day~and year first sforeasid. 1 a ~d in the preaence of: • ~ ~ n : ~ ~ ,~,q ; i (c.+n ~ STATE OF FIORIDA ~ E St. Lucie courrtY oF sefore me penonslly sppeared William Gunnard Lindholm Grace Winifred Lindholm his wife, to me well known and kreown to me to bs the individwls described in and who executed the foregoiny instrvment, and acknowkdged before me that they executed the same fw the purposes therein exprossed- Md the sa-~ C'racp Winif~ced Lin ho m W;ie ot ~ William Gunnard Lindholm „P,,, , ,~,,,fe .,,d ~„rv,t. e:+minstro~ by me taken uparate and apart from her said hus nd, acknowledged to and befo~e rtw that she executed s~id instrument freely u~d votur?- tarily and withaA aryr compulsion, const~aint, spprehe}n i y~eu of ot frcn her said fwsband. WITNESS my hsnd snd official ual tbi: day of Januar A. D. 19 68 ~ ~ ~ 1~ _ Notary Public in and fw the State of florida at l~r~e My Commiuion expires: ~ a~r,?~ To: ~ Notary PubCK, Statr a( Flotida at lxq! Fint Fadenl Ssvingi a~oan e~uoc~ar~o~ ~ • 11I1y Comtn:ssion Exp:res Nax, 3,.1969 ~ Of Fort P~erce. Bona.d 6~ Ana~ca., fu.. a' Ciu~ fto. ~ FiLEO nND RECORDED - ~ ~ ~ ~ v; Forr P~~~ca florids ST. LUCIE COUPlTY, FLA ' ~ i:F.~^^D V~ F.I~~Ep - • . ~ ~ :l s "t f; f ~ This instrument prep2red ~k 8 ~Q~ 22 ; 43 ' ~ ` , First Federal Sav. & Loan Ass~1. = ~ t~ . ~ of Fort Pierce 163'?'~;~ . ~ By ' _ . ,i~";,; , ~ -CLERK C?RCU17 COURT ~ ; 0 R ~ PAGE t~~9 • ~ ~ B40K~ ~ x ' ' . ' - ~'~?r ~ se+a'~ s ,-~,r`,..., . ~ a ~x' - _ . _ .