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Home My WebLink About0863 To pl~u and continuously kkp on tM b~itdhgs ~+o~v. o~ here~hK sitw» a+ said lu+d and on ~II equ~pm~nt ~nd pKwnaly cownd by th4 narp~ p~, with dl pr~miunA tMreon p+~d in full. tir~ insur~nc~ in N~e vswl it~~dard policy fam, ~n a sum app~ov~d by tM MORTGAGEE. and wi~tornn tnswanc~ in tM ~iwl uu~dard pol~cy fart~, in • svm ~pprowd by ti» MORTGAGEE, in such compu~y o? compani~s ~s th~ MORTGAGEE n+ay dir~dt +~d all f1n and wintbtotm inwrane~e potici~~ on any of iaid buildingt, ~oy int~rsst thtrein or part tMrwf, fe? tM s~re9at~ wm ~fw~~aid o~ In ~xc~u therwf, ~MII conbin tF+~ wusl standard maty+~ claus~ a such otMr ctaus~ as tM Mortyp~ m+Y ?puu~. m~?inp tl+~ lou undN uid po14 cia, sach and ~very. paYabl~ a aid MORTGAGEE u in in~erest may spptar, ~nd exh u~d ~wry iuch po~icy ~hatl b~ prompty us:yned ~nd d~liwr~d to .ny MW by ~a~d MORTG~GEE u funh.r s.cv.~hr ro said mo.~p.p• deb+• +nd, not I~ss than ten q01 days in ~dv+nu of tM ~xpir~tion of ~ach policy, to dr I~wr ro~W MORTGAGEE +«newsl fF~erw1, to~e~Mt with • rec~ipt for ths p~mium of such rN+ewal; and thtn sM~l b~ no f'a~ w windttorm i~turanc~ pl~ad on ai+y of said b~ildirgs, any intaat thK~in a part tM~eof, unl~u in ~M fwM ~nd wi~h ~hs bu payable ss ~fa~saidj and ir~ tM ~wnt any wm of ma~y bacoems p+yaWt w~der wch policy o? po~ici~s s+id MORTGAf3EE sMll Mw tM option ro receiw and +ppl~ tFw s+mt on accoun~ 01 tFw ind~bted~ n~ts s~cv~~d hK~by o~ b ptimit said JNORTGAGORS to reteiw and us~ it a any pa?t thereof for other purposa. without thereb~ waiving o~ imp~ir• ieg any puity, lise a right w~der or by virtw of this morty+~~j and in 1M evee~t qid MORTGAGORS shall for ~ey nason f~~l fo ke~p 1M iaid premisea ~o Ini~rd, o~ f~i) to deliva pomplly ~nY of said policiss of insursnu ro said MORTGAGEE, or f~il promptly to p+y fvlty +nY premivm thaefw a in +ny reipal bil b perfo~n4 dischu~e, eaecut~, ~ff~ct, tomplste, comply with ~nd +bids by this cov~n+~t, a any part hereof, ssid MORTGAGEE m+y plsc~ +nd p~Y fw wch inwranc~ o~ any p+rt tl+~.eof without w+lvinp or aff~ctinp sny option, Ikn. pv~ty. o? +ght undM or by vutw of this Mortyap~. a~+d tM full ~mount of each and ewry svch paym~nt shall b~ immadiat~ly dw ~nd py~bb and aMll b~u intsreu from tM dat~ thereof ~ntil paid M tM rat~ oi niM pK centvm pK anrwm sod together with sucA i~taest shsll b~ secvnd by tM li~n of this mortpaps. 4. To p~m~lt. commit or wffer no wast~, lmpairmeet « dsteraw~an of said p.operty a ~ny p+M tMrwf. S. To pay ~II snd sirpulu tM.cosn, cha~yes snd expenses, includinp s ressa++ble ~ttwney i ie~ and coiri of abstracts of title, incwred a paid ~t any time by aid MORTGAGEE, because or in tM ev~nt of ths (a;lu~e on th~ part of tFw said MORTGAGOR ro duly, promptly ~nd fvlly perfam, d~uhugR, ~ execute, dfect, c«npl~t~, comply with ~nd ~btde by esch ~nd every the stlpulatiau, ~greements, conditions, +nd aown~nri of said promiswry nota and thu mortp~ye any a eifAer. and aid costs. cMrpes and expe+wes, e+ch and ~very. sMll b~ immedi~tely dw and pay~ble: whethe? a not ther~ b~ notice dr mand, attempt ro coI1M w wit p~ndiny; ux! tl+s f~ll srtau~t of esch ~nd every such payment th~ll besr interest from th~ date thereof until pafd ~t the i rate of nine per centum pa uuwm; ~nd ~II uid cdsts. charget and e:peotes inturred w p+id. topelMr with such inta«t, ah+ll b~ aecwed by ~i» lisn of thu ~ ^~9+D~• ~ 6. Th~t (i) in the event of a?y bnach of this Mwt9+~ or dehult on th~ part of the MORTGAGOR, or (b) in the ~vent a~y of ia~d ~ums of mon~y ! hsr~in r~fKred to be not pranptly and fully paid within thirty (30~ d~ys ~ext ~fter the same sevc?aliy becorne due and pay+ble, without dsm+nd w notict. ~ or in tF~e ewM e+ch and ~very the stipul~tiau, agreemeori, conditions u+d coven+nts of sa~d promisswy e+ots and this morlpapa My O~ l11AN an nol ~uly, promptlr and fully perfamed, d+scharQed, executed, effected, compl~ted, compl~ed w]th and abided by, then in e~thei or ~ny such ~vent th~ ~sid a~ presaf~ wm meotanad in said promissoty note then rem~iniry unpaid, with interest stuued, and all moneys secvred hereby, sMll become dw and pay~ eble forthwith, w tixreaiter, at th~ opt~on of said MORTGAGEE, ~s fully and comptetety ~s ii all of the said swns of money were orgin~lly atipulated to be paid on uxh day, a~ything in said prom~ssory ~ote or in this Mortpsge to the contrary notwi~hsqoding; ~nd thcreupon w the~eafter at tM option of ~aid MORTGAGEE, without notic~ w demand, suit at law w in equity, therefore w there~fter begun, may be prosecuted u if all moneys secvrad hereby had matured prior to its institution. 7. That in the event tMt at rhe beginning of or at any time pendirg aoy svit upon tF~is Mortgsge, w to foreclose it, or to reform it, or to enfwcs payment of any daims hcrcunder, said MORTGAGEE ahall ~pply to the ~ourt having jur~sd~aion thereo( fw the appo~ntment of a Receive?, such Court shall fo?tFiwith sppoint s receiver of said mott9sged property atl ~nd singular, intl~dmg all and sirgular the intome, profits, iuues ~nd reven~xs from whatever ~ wvrce derived. each and every of whKh, i~ being expressly undcrstood, is hereby mortgaged as if specifically set forth ~nd dewibed in the yr~nring and habendum tlauses hereof, and such Receiver sMll h~ve all the broad and effective furxt~ons and powert in anywise entr~sted by a Cwrrt to s Receiver, and a~ch appointment shall be made by such Court as ~n admitted equity a~d ~ matter of absolute right to said MORiGAGEE, and without ?eference to ths adequxy o? inadequscy of the v~lue of the property mortgaged or to the solvency or insolvency of said MORTGAGOR w the defenda~ts, u?d that such rents, profib, Intome, issves +nd revenves shall be applied by suth Reteiver attordin9 to the lien p puity of said MORTGAGEE and the practite of suth CouA. 8. To d~ly, promptly and fully p~rform, dixhsrge, execute, effect, complete, compty with and abide by ead? and every tM stipulations, apreemerits, conditiau u~d cove~»nts in said promissory note and this mortgsge set forth. 9. That in the evN+t the ownenhip of the mortgsged premixs, or any part thereof, becomes wsted in a person other thsn the MORTGAGOR, the MORTGAGEE, its succeuas and sugns, may, witlw~rt ratice to the MORTGAOR, desl with such succasor a socceasor in interest with reference to tha morty~ge and the debt hereby secured in ihe same manner as with Mortg~gor withoW in any way vitiating w d~xharging the Mort9a9ws' li~bility htre- under or upon the debt hereby secu:ed. No iale of the premises hereby mwtgaged and no fabe~rance on the part of the MOATGAGEE a its suaesson or assigns ~nd no extens+on of the time fw the p+yment of tfie deb+ hereby secured 9~ven by the MORTGAGEE a its successws or au~gro, ahall operate ro rdease, distharg~, modify ch~nge u affect the original liability of the MORiGAGOR herein, either in whde w in put. 10. It is spetifically agreed that time is of the essence of thia contract and tMt ra wsiver of any obligation herevnder or of fhs ob~g~tion se- a,red hereby shall ~t any time thereafter be held to be a wa~ver of the terms hereof a of the instrumeM secured herby. 11. In addition to the forego:ng monthly paymenb of prinCpDl and in?erest required by the promisswy no~e setured hereby, mwtgagor covenants and sgree~ to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be equal w 1/12 of the annual tost of the follow- ing: A-All real property ta:es kvied or assessed agai~st the above described real estate. B-Premiums on fire and windstwm insurance ss herein requ~red to be carried on the improvemeatt situate on the above described premises. C-Premiums on such mortgsge guaranty insurarKe as mortgagee shall from t~me to time deem fit to csrry on the ban secured hereby. ~ Mortgsgee shall from time ro t~me notify mortgagor in writ~ng of the amount due and paysbte hereurder and such sum shal! thereupon be due and paysbls on the due date of the ne:t monfhly payment and eath suctessive month thereafter ur.til mortgsgee shsll notify mortgagor of a change in such ~ amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranry insur~nce E premiums. € IN WITN E , t id MORTGAGOR has hereunto set his hand and seal the day snd ear fint eforssaid. ~ Siy al in tl+e presence of: ~ ~L,'w`J ~ aq ~ ~ ~ilw~"a.t a"4 rs..q STATE OF FLORIDA ~ $t . j.L1C 1Q COUNTY OF ~f~ ~ ~~,i~y Jerry W. Gann Theresa A. Gann his wife, to me well known snd known to me to be ~ rhe Individwb dsscribed in and who executed the foreyoirg instrument, ~nd acknowledged before me that they executed the iame for the purposes ~,~,e;,, e,~.~d. ~a rh, s~ Theresa A Gann ~ W~r. o~ rn. ~aid erry . ann ~,p«, ..epu~,e .~d an„~ examination by me taken scpsrate and apart from her said husbsnd, ~tknowledged to and before m~ th~t she e:ecuted iaid instrument freely and volum ~ rar~ty and w~thout aryr compulsion, constraiM, ~ppreF~ennsion, w feu of or frt•.~ her sa' Fwsb+nd. , ~ WITNESS my hand ~nd official seal this Q+ Q~' d~y of ~ D. 19 ~ ~ ~ u ~ Not~ry Public in snd for ths St~te of fbrida at larye My Commission expira: ~ - ~ t ~ Retwn Ta = Fnt F~de+al Savirg~ a loan Associa~~on • ROTkR9 PC"__~:"., S*qTE OF Fit;:~IJA AT LASGE Of Fort Pierte. FILEO AND RECORDED " ^'r CON"";."'`',~ Nov. ~6, iq~i ~ Fon Pierce, Florida yc,r•••`~ •'n _o tr. o~ESTe~MOwti ST. LUCIE COUNTY. FLA. ~ RE CO~Sv393 E~ . ~,..i_: 6 ~'r ~ t., ~ this instrum : . = ent prepared by '68 JAN 30 r ~irst Federal Sav. & Loan Assn. ~ ~ ~ ' 2 ~ ` = . ' ~ ~ of fort Pierce - ~ .a ~ ~ _ • - ; c. = ~ By h~_ ~o~t?: ~°OITR4S o~ ~ _ CLERK CIRCUIT COURT 'K - ~ ~ ~ ~ 0 R . ~ ^ r d00K ~ l O PACE p~ , '4' y J h ~ A ~ T.y _ ' - `a~,a'"' TS'% ~a. ~ M~: x,,.j n.. ?d.f ~ '~'`~yr ~i+~