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Home My WebLink About0810 . ~ 3. To plan +nd continuously kt~p on tM buitdings now a Mr~~fta ~ituat~ on ssid I~nd +nd on ~II equipin~nt a~d pNSOnally covK~d by this nwrlp~ pe, with al{ premiurtu therton pa~d in fuil, f~ro insur~~c~ in the uswl ir~ndard policy fam, ~n a wm approwd by tM 1NORTGAGEE. ~nd wind~torm travra?c~ in tM viwl uandud policy form, In a ium ~pprovcd by ihe MORTGA~iEE, in ~uch comp+ny a compani~s a tM MORTGAGEE n++Y ~ dinctJ ~nd ~II fin and w~ndstorm insuranc~ policies on ~ny of said build~n9a, ~ny int~rest theni~ or part thsreof, in the a~gre~~q w~n aforts~id w M~xc~ss therwf, ~hall contain tF,~ uswl iundud maty+pe~ cl~use a iuth otha~ claus~ u tM Matpaye~ may ~pvk~. n?+kinp th~ Iou undM a~id poli~ ; cip, ~acA and twry. pay~bl~ ro ~aid MORTGAGEE a in intereit may apptai, a~d each and ~wry tvcA policy ~hall b~ p~omPNY ui~~^cd and de~'vaed to ~ny MId by said MpRTGAGEE as further security to ~sid maty~ debt, and, not les~ thun ten (10) dayi in advance of tM expiration of ~ach policy, ro d~ Gvu ro said MORTGAGEE • rteew~l tMrwf, top~~l+a with a receipt fo? the p~smium of such nnewal; and thHS sMll b~ ro fin or windsta~n insw~+~c~ pl~c~d on ~e+y oi said b~itd~r?ps. any i~tery~ tF~sreu? or p+rt thK~of, unless i~ ~M fwm' ~nd with tt» loss paysblt ~s ata~s+ids +nd in tM event any sum pf ~qnty beca~ws p~y~pl~ w~der wch policy or policits said MORTGAGEE sAall Mw tM option ro rece+w and ~pply tM ~ on accoun~ o~ ~M Ind~Dted' rnss wcyrN! Mr~by w ~o permit Nid MORTGAGORS to reteiw ~nd us~ if w any parl Ihereof fa othe~ purposes. without tharcb/ waivi~y w~mpair- kg anr puity, tisn w riphl w+der w by virtu~ of this mortyaptt +~d 'w+ tM ~vent uid MORTGAGORS ih+U fw ~ny r~ason tail to keep 1M s+id pnmwes ~o t~wred. or fail W ddivar prompdy ~ny of said policias of insv~nu ro said MORTGAGEE. a fail promptly ro p~y fully ~i+y premium therefor o~ in a~Y ?~spat f~il ro perforn~, dixh~rg~, ~xecute, ~ffect, comple», comply with and +bid~ by this covcnant, a anY pu~ herwf, ssid MORT('sACaEE may pl~c~ •nd p~Y for ~uch imu~anc~ or any part tMreof without w+lv'u~ or ~ffectirp ~ny option, liee. p~ity, a ripht w+der w by virtw of this Mortyp~. ~i+d the fuli arnaiet of ~ach snd ~wry such paymsnt sh~~l b~ immediately dw u~d p~y+bl~ ~nd shall bsar i~te~e~t f~om ths dat~ thenwf vntil p~id M tF» rat~ ol ain~ pN cantum pN an+wm ~nd together with such interest sh~ll be secv~ed by tM lan of this maty+ge. I. To pKmit, oommit or :uffer no w~st~, lmp~irment or deteraratioo of said prop~rty or any p~?1 thereof• S. To p+y all ~nd ~inpulsr tM aosq, charpes u?d expcnses, inclue~:~y a reaso~able ~ttaney'~ fee and cosb of ~bstiacts of tiNe, incvned w p+~d any tim~ by s+id MORTCsAGEE, because o~ in ths event of ~M failure on the put o' the said MORTGAGOR w duly, promptly snd fully paform, d~scF»ry~ •xecute, efied, oomplett, canpty with and abide by esch ~nd every the uipulations, sgreemcnts, conditia~s, and oovenants of said p~an~ssory rwte and fhu mwt~ap~ am o~ e~the~. u~d sa~d cous. cl?u9es and e~eperres, esch and every. shall b~ immidiately due snd p~yable: w)xther a not H+ere b~ notics de m~nd, att~mp~ ro colkn a svit pead~rg; snd rM full smount of e+ch ~nd eve~r wch paymen~ sh+ll bea. Inreres~ fran tF~e date thereot v~ril paid rhe rale of nine per centum per annum; ~nd all said c6sts, charges and expenses intwred or pa~d. togethe? with such interyt, shall bt secured bY tht litn of thit mwpsy~• a, ihal ja) in the event of any Mesch of this Mwtgspe o+ defauh on tl+~ part of the MORTGAGOR, or (b) in the ~vent ~ny of said sums of ma~ey herein referred to b~ nol promptly and fully p~id within thirty (30) days next ~fter 1he same severally becane due and payabk. without demand or notice, w(c~ in the ewnt cach snd every the stipulatio~s, ~greemenri, conditions and coven~nn of ss~d promiuory nWe s~d th~s malpape any o~ either are no1 ~uly. ~o+~,r~~ ,r,d t~ih Pe.fwmed, d~scharped, executed. effeded. completed. comp~~ed with ~nd ab~ded by, then in either w any such went ths said ~g pre~f~ sum mentioned in said promisswy note then remainirg ~npaid, with interest xuued, and all moneys secured hereby, sMll becwee dw and pay- able fwthwith, a therc~fte~, at the opt~on oi said MORTGAGEE, ~s fully and completely as ii all of tlx ssid sums of money were aginally stipulated ro be pe;d oe~ wch day, anything in sa~d p?omissory oote w in this Mortgage to the contrary notw7~hsts~+ding; and thereupon w thereafier at the option of ~ said MORTGAGEE, without notke w dem+nd, suil ~t l~w or in equity, therefore or thereafter begu~, may be prosecuted as if all rnoneys aas~red hareby ~ h~d matured prio? to in inslilWion. 7. Thst in ihe event that at the beginning of w at sny time pending aoy wit upon this Mortg~ge, or to foreclose it, o? to refwm it, or to enfocp ~ payment of any claims hereunder, uid MORTGAGEE shall ~pply to the Court having jur~sdcction thereoi fw the appantm~nt of ~ Receive~, wch Coun shall ! fwtlivvith appoiM a rKCiver of said matgaged property atl and singutsr, includ~ng aIl and singulsr the income, profits, issues and revtnues from whatever ~ovres derived, each snd every of which, it beinp exp~essly understood, is hereby mortgaged u if apecif;cally set forth and destr~bed in the ~ransing snd Mbendum cl~~ses hereof, snd such Reteiver shall hsve all the broad and effective furx~~ons and powen in anywise eMr~sted by a Court to a Reuiver, snd wch appointment shall be made by such Cou.t as an admined equity ~nd a maner of absolute right to said MORTGAGEE, and without reference to the adeQ~~cy or in~dequ~cy of the value of the property mo?~gaged or to the wnrency or insolvency of said MORiGAGOR w the defendann, and that such rents, profin, income, iuues and revenues shall be applied by s~xh Receiver ~ccordiny fo the lien w equiry of said MORTGAGEE and the pradice of such Co~?rt. t 8. To duly, prompNy a~+d folly perform, discharge, execute, effect, comptete, tomply with ard sbide by each and every the stipulations, agreemcnb, ~ conditions snd covenants ir+ said promissory note and this mortgsge xt fwth. ' 9. Thst i~ the evcnt. the ownership of the mortgsged prcmises, a any part thereof, becanes vested in a perw~+ other th~n the 1~!ORTGAGOR, the i MORTGAGEE, iri successon and suigns, msy, without ratice to the N10RTGAOR, deal with such successw a successor in i~terest with ~eference to this 1 morfgsge and the deM hereby secured in the s+me manner as with Mwtgago~ without in ~ny way vitiatir+g or diuhug~ng the Mwtgzgors' liabiliry here- under a upon the debt hercby secured. No ssle of the prcmises hercby mortgaged and no fwbearance on the pan of the MORTCaAGEE w its successws or ~ssigns and no exrension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w suigns, sl»II operat~ W release, d~xharpe, modify thaege w affect the «ginal liabil~ty of the N1flRiGAGOR here'u~, either in whde a in part. 10. It i~ specificslly agreed that time is of the essence of this contract and th~t no waiver of any obligbtior? hercunde~ w of the obligation te- tured hereby shell at any time thereafte~ be held to be a waive~ of tMe terms Aereof ar of the instrument secwed herby. 11. tn addition ro the fwego:ng monthly paymeMS of princ"pD~ and interest ~equired by tFK prom~ssory nore secured hereby, mortgsgor covenants _ snd agrees to pay to mortgagee with each monthly payment an addiriwul sum es~imated by mortgagee to be equal to 1/12 of the annual cost of the fol{ow- ~ _ ~^9= i A-All real property taxes levied or assessed agai~st the above deuribed real estate. ~ B-Premiums on fire and windstorm insurance az hcrein requ~red to be carried on tbe improvements situate on the above dtscribed premises. ~ C-Premivms an wcn mortgsge guaranty inswance as mortgagee shafl from t~me to time deem fit to carry on the loan secured hereby. Mwtgagee shall irom time to time notify mortgagor in wrif~ng of the amount due and paysble herevnder and such sum shall thereupon be due and ~ payabk on the due date of the next monthfy payment and each successive month theresfter urtil mortgsgee shall ~otify mortgago~ of a change in such amount. Such sums shall be applied by mo?tgagee toward the payment of real property taxes, insurance prem:ums, and mortgsge guaranty insurance premivms. IN WIINESS WHEREOF, the sa' MORTGAGOR hu hereunto xt his hand and seal the day and ~ r fint sfor`es~aid. kd ar~,~eliver ti~ ence of: ° aq ` an ~ ~ ~4 , , ~4 i STATE OF FLORIDA j ST. LUCIE ~ counm oF e~r,~ ,,,e a„o,,,uy ,~„~a W A Palmer ,~a i.ouise Palme r hia wife, to me well known and known to me to be fhe indiridwls described in and who executed the foreyoing instrwnent, and sckrwwledged before me that they e:ecuted the same tor the purposes - r~~~~ .~~.~a. N,a rr~ .~~a Louise Palmer wife o4 the ssid W. A, Palmer ~pon a separate and privat~ ex+mination by me taken sepuate and apart irom hcr said hvsba acknorrlcdged to and befae me that the execvted s+id instrument freely and volurr ~ laril~r•and without arqr compubion, constraint, apprehens~on, or~of w from her said husband. WITNESS my i?~nd and official sesl this ~ day of A. D. 19~~ / ~ ~0~~ Notary Publ'K in and for tlx St e Florida at large O ~~G~~ ~~,1~?•~ My c.«nm~~ exP~?a: //,j~~` Return Ta. N 1 vN `~O ~ Rat Fedewl Savings 3 L~~t ~ \rC ~ Of Fort P~~~. ~vCi~ vC a ~ NOIAry ~~t. Sb~ ~Ottdi it ~1~! Fon P~~«~, F~6cr~a ~F G~ ~ t~y 1~r Wan~is;iwi Expites Nar. 3, 1969 ~ ~~Q • w.aw s. ~w..,~.. n as,..r, a. _ , JQ?~ Z98-~° ~ s - ~ _ - Y, _ _ ; _ 6~ 163 t o,-~R~o~a~ ~ . . , ,;;.a ~~Z - _ ~ ~ ro ~~R~ c~~ar~ _ . ' ~ ~ 800K~ ~ U PACE Uv~ ' . ~ - - - ~ : -;k=; _ ~ ~ ¢ ~ ~ ~ ~~'x4<w " ; .~r;r ~ - w.~ _ ~r ~