The URL can be used to link to this page

Home My WebLink About0359 To pl~u ~nd continuou~ly ktep on the buildings now a F+~re~fttr sitw» on sa~d tand ~nd on ~11 equipm~nt and persoRally covN~d by 1Ms mwt~ aQ~, with ~l! pemivrrts thaeon p~id in fuli, fir~ insur~nc~ in Ihe usw! ttand~rd poliq form, ~ a tue~f ~pprowd by tM N10RTGAGEE, ~nd windttorm insw~~ In t!w vswl uandard poilq tam, in a~um approv~d by ~M MORTCAGEE; in wcA comp~ny w con?panc~s a iM MORTGAGEE may dinctl and ~fl tlr~ ~nd w~ndstam i~uurancv po1K'aa on +ny oI uid buildiip~„ any t~Mr~st tl~e?~in a part therwf, in ~M +p9repaq sum ~iw~s~id a In ~xc~ts tharwf. sMll ca+t~in tM vsusl tqndud mortgap~e clavs~ a svch oti+K clau~ a tM Ma~9ap~e may ~~qu'v~, makinp ~h~ los~ unda uid pol} c»s. ~+ch and ~very. paYabl~ ro said MORTGAGEE its interat maY spp~sr. ~nd each u~d ~wry ~uch policy iMll b~ p~omptly a»:pr?cd u+d d~livK~d to any h~ld by s~id MORTGAGEE ~s fwther iecurity to s~id monp~ d~bt, a~d, not I~ss fhan t~n (1~ days in ~dvanc~ oi 1M expiration of ~ach policy, to d~- livK to ~+id MORTGAGEE a ~enewsl thawf, topHMr wi~h • rKeipt fw tiw paemivm of suth rentwali ~nd tMr~ sMll b~ no fin a windsto~m IM4fMt~ plac~d on a~y of taid b~lWieg~. aey k+tera~ therein a p~rt tM.~of, vnlris in ~h~ form'and with ~M lou p~y~ble as •fa~s~id~ and ln tM ~v~nl any swi~. oi mon~y becom~s payabl~ ~nd~r sucl, poliey w potici~s said MORTGAGEE ~hal) Mw ~M option to receiv~ and ~pply tM ~en~ on ~ccoun~ o~ th~ Ind~bt~d ~ Mu secv~~d her~by o~ 1o ptrmit iaid IYWRTGAGORS lo recavs ~nd ~s~ it pr any part thereof fa other purpo~es, wi~hout thneb~ waivi~~g a iMpair- in~ u+y puity, li~n w r'qht unde? or by vutw of this mortp~i ~nd in 1M went wid MORTGAGORS shsll fa ~ny r~aso~ fail ro k~ep the ~a~d prtmiies w insured, o~ fall W d~liva promptly any of said policies of insunnc~ to said MpRTGAGEE, w fail promptly to pay ivlty any premivm tl~ersfo+ a!n anr re~p~ct fail to pNiam, d;uMrqe, exscvt~ ~ffect, compl~t~, comply wirh u~d ~bids by this covensnt, w any part he~wf, s+id MORTGAGEE IIMy PIK~ pay fp such lnwranc~ or ~ny part fhereof w;thout w+hinp w ~ff~ctinp any op~iw~, li~n, pvity, a rqM ~nder w by virtw of this Mat~sp~. ~nd ths fufl ~mount of ~acA and w~ry tuch payment shall be inwn~diately dw aod payabl~ and shall bNr int~rest from tM dat~ tM~eof uniil paid M th~ raq o1 nin~ pK centum per annum and to9etl~ with such i~te~est shall ba sec~red by tM lie~ of this mort~~ye. To pKmit, oomrnit or suf(er no ws~t~, impairmcot or deteriw~tion of said prope~ty or a~ryr p+N thereof. S. To pay sll u+d unpvlK t!?e.costs, charpes and expenses, inctudinp a reason~bls anwney'• fee and wits of abstrscts of titte, irKUned o~ paid ~t ' any time by isid MORTGAGEE, bscaute or in the ~vtnt of ths failwe on tbe part of tM said MORTGAGOR ~o duly. promptly ~nd fully pKfwm, d~xMrg~, i execute. ~ffect, oomplet~, comply with and abide by esch and every the itipularions, s~reements, cw+ditiorn, ud oove~anri of said promissory note and this mortpape ~ny w eitF?er, ar.d said cosb. charqei and expen~es, esch and ~very, iMll bt im+nediately du~ and payable; whethes p not there b~ notite d~ m~nd, ~tt~mpt to co11eN a wit p~ndiny: ~nd tM full a~nouM of each ~nd wery iuch p~yment shall bear interest from ~he dat~ ~hereof until paid at the rate of nine per ce~tum per annurn; and all said cbsts, chargq and expenses incv~red or paid, topNha with t~ch i~tkat, ihatl b~ satured by th~ li~n of thw ^'wt~ap~• . b. llwt in the ever+t of any bmach of this Mortqay~ or defavh on ths part of tM MORTGAGOR, p(b) in the ovent any of ~aid swas of moneq herein r~fer~ed to bs not p?omptly and fully p~id within thirty (30) days next after the same severally become cl~e and p~yable. withovt de+nand or notice, er (cj in ths evMt esch and every the stipvlationi, sgreemeny. condiiions and covenin~s of s~~d promissory ~ote ~~d th~i mwtya9e ~ny o~ ei~her ar~ not ~ iuly, promptly ~nd futly perfwmed, d~uF+~rged, executed, effected, completed, complied w~th ~nd ~bided by, then in either w any iuch w~m t!w said a~ presat~ sum m~ntioned in said prpmissory note fhen remsinirg unpsid, with interest xaued, ~nd all mo~eys tecvred he~eby, shall becoms dw +nd pay- •ble fathwith, a thereafte~, ~t the option of said MORTGAGEE, as (ully •nd completely as if •11 of the ssid wms of mon~y were aipinally ttipulated to be pacd on s~ch day, anything in :a~d prom~ssory eote w in this Mortg~ge ro the con~rary ~wtw~thstandinp; and ~hereupon w thereafte? at the option of said MORTGAGEF, without not;cs a demand, wit at law w in equiry, ~herefw~ w thercafter beyun, may be prosrcuted as if all moneys ucured hareby had matured ptio~ to ib irutitWan. 7. That in the event that at the beginniog of o~ at any time pend;ng soy wit vpon this Mwtgage, a to foreclose it, or to reform it, or to enforo~ payment of any daims hereunder, said MORTGAGEE aMl1 apply to the tourl having jurisdinion thereof fw the appantment of • Receiver, such Court shal) FortFiwith ~ppoiM a receiver of said rtwrt9agsd property all ~~d aingul~r. includ~ng all and singulu Ihe income, profits. issues ar+d revenues trom whatever wurte derived. each and every of which, it bein~ expressly ~nderstood, is hereby mortgaged as if spet~ficalty set forth and dewibed in 1ht Qsanti+?p snd habe~dwn clauses hsreof, and such Rtceiver shall have all the b+o~d ~nd eftective f~ncno~s u~d powen in ~~rwise entnrsted by • Court to a Receiver, snd fuch appdntment shall be made by such Court ss an admitted equiry and a maner of absolute right to taid MORTGAGEE. ~nd withouf refcrence to th~ edeqvic~r a inadequacy of the vslue of the prope~ty ma~gaged or to the wwency a insolvency of said MORTCaAGOR w the dcfendanh, and that such renrs, profin, income, iuues end revenues shall be applied by s~ch Receivcr ~cco.d;ny to tM lien a equitp of said MORTGAGEE and the pru~ica of svcA Court. 8. to duly, promptly and fvlly pe~form, dixharge, exetute, effect, tornplete, comply w;th and ~bide by each and every the stipulations, agreemenb, conditiom and covenanrs in said promissory note arxi this mortgage set fath. 9. Th~t in ths event the ownenhip of the mwtg~yed premises. a'any part thereof, becomet vested in ~ penon other th~n the MORTGAGpR, ths J~tORTGAGEE, iri s~ccesson and auigns, may, without ratice to the MORTGAOR, deal rvifh s+xh wues~or p successor ;n interett with reference to this mortg~ge and the debt hereby secured in the tame manner ss with Mortgaga withoW in eny way vit~ating a discharging the Mort9agors' liability hera. ! undet or upon ths debt hereby securcd. No sale of the prem~xs hereby mortgaged and no fwbearsnte on the part of the IIAORiGAGff w in soccessors or suigro and no extension of the time for the paymem of the aeb~ hnreby secured yiven by the MORTGAGEE or its successors w auigns, ,hall operate to rekase, dixMrpe, modify cha~ge w sffect the wiglnal liability of the N1pRTGAGOR F?erein, either in w1w1e or i~ part. 10. It is specifically agreed that time is of the esscnce of this_contract and that rw wsiver of any obligation here~~x/er or of ths obliqation tt ci:red he?eby shal! at any time t?~ereafter be held to be a wairer of the terms hereof a of ihe instrumeM aecured herby. ~ 11. In add~Yan to the forego:ng monthly payments of prin~ pp1 and inrerest required by the promissory note secured herebv. ~+ortgagor tovenants and ag~ees to pay to mortgagce with each monthly payment an addi~ional sum e:timated by mortgsgce to be eqval to 1/)2 of the annual cost of the fotfow- ing: A-All real property tsxes (evied or asxssed a9ai~st the above described real estate. B-Premiums on fire and windstorm insurance as F?erein requ~red to be urried o~ the improvements situate on the above d-scribed premises. C-Premiums on suth mortgsge guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby, Mwtgagee shatt from time to t;me ~otify mortgagor in wr;ting of the amount due and payabk hereunder and auch sum sha!! thereupon be d~e and payabls on the due date of the next month~y payrrKnt and each succeasive month tF~ereafter urtil mortgsgee shall ~otify mortgagor of a charge in i~rch amount. S~ch sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranfy insunnce premiums. ~ IN WITNE55 WHEREOF, the said N10RTGAGOR has hereunto xt his hand snd :eal the day uid yesr first aforssa' . ; Sgned. Se • d ered in tl+e i presence of: ~ n ' s~n ~'an ATE OF FLORIDA , COUNTY OF - St . L-L1C 1Q ~ ~ . Befwe me perso~~lly appeared Gurtis E John~on Tv ~f G. Johncon his wife, to me well (cnown snd krawn to me to be tFu individwls described in snd who executed the fwepang instrument, ~nd ecknowledged before me that they executed the same iw the purpoaes r~?~~, •xw~. a,a r~ ~~d _ Ivev G. Johnson w~fe o4 ths s+id Ct1rt1S Johnson ~~rate ~~d priwt~ eaarriuwYwn by me taken uparate and apart from her said husband, ~ckrawledged to and before rne that she executed said instrumem freely and votura tarily u~d withovt nqr computian, constraint, appreheni fesr of w frc•i her said Fwibsnd. WITNE55 my hand snd official seal this dey of r A. D. 19 68 Notary P in and fw the State of Florida ~t lsrye My Com ~ssion expires: Retum Ta _ Fint Federa) Savings ~ loan Asspciation • ':~tafy P~SIj~, S~Et! O~ flOtldi it ~M~f ~ Of Fort Pierce. , ~ s>» : • 1: • ! ~r (pm1111SS10D ~E7IQI~CS ~wy 6. ~9n Fort ~ierce, fiorida -~s• ~i~•~~,, ~a ~~yAoMio~Fi~ACas~yrylSib ~~~_t_~ - ~1.~' ~i ' ' ~ T~is instrument prep~,ed hv _ F~LEO AFlD RECORDED First Federa! Sav. & Lc,:;; ~;;~i. _ i.r ~ t_ _ ST. LUC~tEr;,OUNTY~FL,~. -r f FOrt FierC3 ' r - : - - ~ B ' ~ ~ Y ^ ~ - . 4l,.i~~ CZ lJ ` k~ ~ I.. . qy ? ~ 163`713 ~ : . ~ BOOK1 1O PA~ ~J / C~-`-};K Cif~C(1~(T COURT ~ ~ ~ `::~..,~a.~- - ~ J~,^ V # ~