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Home My WebLink About0985 i • To plac~ u~d continuouily ke~p on IM buildinps now a here~h~r sitwb on ssid land and on all puipm~nt aod p~rsonally covN~d by thi~ mat~ sp~, with dl premiu~+u thsreon p+id in full, fir~ insur~nce in ttv usv~l ~tai+dud policy form. ~n a swn spprowd by tM MORTGAGEE, ~~+d wi~trorm ~ i~swanc~ M tM vswl s»ndard pol~cy fam, tn a wm ~pproved by d+~ MORTG/1GEE. i~ t~ch mmpu+y w ca^P+^~~s MORTGAGE may dir~cti ~nd all fk~ ~nd winds~wm iniu~a~ policiN on any of Hid build~n~s, a~y letereit th~?~in w p+~t thaeof, in tM pp~pat~ wm ~fa~s++d w In ~xcess ther~of, shatl contain tf+~ vawl itsndud margs~~e cla~se w tuch otF?K tlaus~ ~s N+t MatypN may ?pv'u~, m~kinp ~M lou ue~dM s~id po~i~ cia. ~ach and ~vKy. p~Ysb1~ ro s+id 1NORTGAGEE its intere~t m~y ~ppNr, ~nd each +nd avery such policy sMll b~ promptly us:9ned N+d dNiver~d to sny Mld by ~id MORTGAGEE ~t tuNhu secvrity to said mortyay~ debt, a~d, not I~s~ tMn ten (10) d+YS in advance of tM ~xpir~tion of Nch policy, 1o da ± IivN to said MORTGAGEE ~ r~new~l thsreof, Io~e~Mr with a ~ec~ipt fa the prem~vm of wch r~newalj ~nd tMn sMll b~ no fir~ w wlnd~to~m tntw+nc~ ~ pl~pd on N+y of uid buildirg~. ~eiy interett tMrein w p+n tMreof, unl~u in tFK fom+'~nd wi~h tM bu p+yabt~ ~s ~fw~~aidj u~d in tM ~vent any s~m of nan~y becom~s p+y~bk v;d~~ svd+ Polkl? w Pul'Ki~s s~id MORTCsAGEE sMll haw tM option ro nceiw and ~pply tM s~rt» on +cco~nt ol tM ind~bted~ neu s~cvnd Mr~by a ro permit ss~d MORTGAGORS to recei~~ and us~ h a ~ny part thereof iw other pu.poses. wi~hout ~hereb~ waivi~.g w unpair- irg any pu~ty, I'Hn a ripht ue~de~ w by virtw of this most~s~~s ~~d f~+ fh~ ~vent s~~d MORTGAGORS shall for ~ny ?NWn f~il t0 ktfp 1M Mitl p~fmifH f0 insured. or fail b delivK promptly ~ny of said polities of insu~anu to s~id MORTGAGEE. or fsil promptly fo p~y fulty sny premivm thaefa ot in ~ny re~p~ct bil a pNfonn, discha.g~. ~xecvts, ~ifect, compl~t~, comply wirh u?d ~bid~ by this covensnt, a any part 1?K~of, said MORTGAGEE may pl~ce and : paY for wch ieawanc~ w aoy put tl+Keof without w~lvinp or ~ff~ctinp any optiay lien. puity. a riyht unda a by virtw of thi~ Mwtpaye. ~~d tht ' full ~mo~nt of each and tvery ~uch payment i1++~~ b~ n++mtd~+tely dw ~nd payabl~ ~nd sM11 beu int~rsst from tM dat~ thsreof until paid M tM raN ot nin~ pK centum p~r ~~num ~nd togNher with such intereu sMll be securcd by the li~n of this mortpape. To p~m+it, oommit w suffa no w+sts, impairmcnt or detKioration of ~aid property o? aiyl p~rt thtnof• S. To pay ~II snd ~inpular tl+etost~, charyes +nd expeiues. 'nd~d'np + reasa+sble sttorney's fe~ ar+d cosri of ~bstratts of title, incvrred a psid at •ny tims by ~aid MORTGAGEE, becauie w in the event of the failure on the pan of tM said MORTGAGOR 1o duty, promptly and fully perfam, dischar9~ execute, ~ffecl, oomplete, tomply with and abid~ by ~ach and every ~he itipulations, ~gree.nents, cooditioea, and oovena~b of said promiuory note and thN mortpap~ sMr o? either. and said costs, cMrpes snd eapen~es. esch and every, ah~ll be Imeediately dw and payabl~: whether a not thKe b~ notice de m~nd, snempt to collect or suit pendirg; snd rM full amouM of each and wery wch paYme^t ahall bes. interest from the date thereof until p~id at tM rate of nins per centum per anmun; and all said cbsn, char9es and expenses incurred ar p+id, togNher wi~h wch inter~st. ~hall b~ ascwed by tM litn of thu matyp~. ~ e. Tf+~t in the event of any brcach of this Mort~ag~ or def~uN on tlr part of the MORTGAGOR, a(b) in the evenl any of s~id svms of money { herein reFened to be not promptly srd fully paid within thirty (30) days eext afta the same uvaally become due and payable, without demand w notice, ~ or in the event exh ud every the stipulations, sgreements, conditions and toven+nts of ss~d promissory note snd tFus mwfppe any a ~ither ue no1 iuly, prompty ud iulty performed, d~uharyed, executed. ~ffected, completed, complied with ~nd abided ~ay, then in eifhe? w ~ny such wsm the uid ag ~ presat~ wm mentioned in said promissory note thtn remainirg unpaid, with intertsl atuued, and all moneys setured hetsby, sMll betaM dw and piy- able forthwith,, or lhereafte~, ~t tt+e option of said MORTGAGEE, ss fvlly and completely as if all of the said sums of money were wginally uipulated to be pa~d on such day. anyth~rg in ss~d promissory note or in this Mortpsge to the conrrary notwithstandinp; and ~here~rpon or thereafta the optan of ' said MORTGAGEE, without no~ice w dcmand, suit at law or in puity~ tI1Q(QfOfQ Of ~F1QfNffN begw~, may be prosecvted u if all ma~eys secured hereby had mawred prar to its irotit~tion. 7. That in ths event that at the beginning of or at any time pending aoy wit ~pon this Matgage, or to foretlose it, or to reform iL p to enforp payment of sny clsims he?eunder, s~id MORTGAGEE shatl apply to the Covrt having jurisdktion thereof tor the ~ppo~ntment of a Receiver, s~ch Court shall FwtFiwith spEwin! a receiver of said mortgsged property all and singular, includ~ng all and singulsr the income, proiits, issues and revenues from whateve? wurce de?ivtd, each and every of which, it beinp eapres~ly understood, is hereby mwtgaged ai if spetifically ttt (ath and desvibed in the yr+Miry snd habe++dum ctauses Aereof, and such Receiver sh+ll have all the broad and effea~ve funa~ons and powe+s in ~nyw~se entrusted by a Court ro a Rcceiver, and such sppointment shal~ be msde by svch Court ai an admitted equity and a mslte? of absolute riyht to said AhORTGAGEE, and without reference to the adequscy or inadeq~+cy of the v~lue of the property mortgsged or to the sonre~?cy w~nsolvency of said MORTGAGOR a the dcfendanri, and that such ren», profin, incane, iuues and revenues shall be spplied by suth Receive~ ~ccordinq to the I'~en or eqvity of said MORTGAGEE and the pnctite of sucA CouA. 8. To dvly, promptly snd fully perform, duhsrge, execute, effect, complete, comply wi~h ~nd abide by each and erery tM atipubtions, agreements, ` condit'ans and covensnrs in sa~d promiuory note and this mwtgage set fw1h. • 9. ?I»t in ths event the ownersh~p of the mortgsged premises, w+ny pan thcreof, becomes vested in • penon other than the MORTGAGOR, the j MORTGAGEE, ih suctesson and suigns, may, without notice to the MORTGAOR, de+l with such wccessor a succe~sor in inlerest with reference to this ~ mortg~ye and the debt hereby secured in the same manner ~s with Nbrtgsgor without in s~y way vitiating p diicMrginy the Matgagors' liability here- under w vpon the debt hereby secured. No sale of the premises hereby matga9ed and no fwbearante on the part of Ihe MORTGAGEE w ih successors or assigns snd no extension of the time for the paymem of the aebt hereby secured 9iven by the MORTGAGEE or iri t~cceswrs or sssignf, shall operate ro release,'dixh~rye, modify change a affect the wiginal Ii~biGty of the MORTGAGOR herein, tither in whok w in part. 10. It is spec~fically agreed tMt time is of the euence of this contr~ct and tMt ra w+iver of any oblgatan hereundn w of tM obliyation se- a.red hereby shall ~t any time thereafter be held to be a waivcr of the terms hereof a of the instrument iecwed herby. 11. In addhion to the forego:rg monthly paymems of princ'pDl a~d interest required by the promissory note secured hereby, mortgagor covenants ; and agrees to pay to mortgagee with each monthly payment an add~~ional sum est~mated by mortgagce to be equal to 1 f 12 of the annual cost of the follow- ing: ~ A-All real properry taxes levied w assessed against the above deuribed real estate. ~ B-Premiums oe? fire and windstorm insvrance as herein requ~red to be carried on the improvements sitwte on the above desuibed premises. ~ C-Premiums on such mortgage guaranty insurar~ce as irartgagee shall f?om time to time deem fit to carry on the loa~ secured hereby. j Mortgagee shall from time to time notify mortgagor in writing of the amount due and payabk hereund~r a~d such sum shall thereupon be dve and ~ payable on the due date of the next monthly payment and each successive month thereatter ur.til mortgsgee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward thc payment of real property taxes, ins~rante p~em:ums, and mortgage guaranry insurance ~ ! premiums. ; s IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ~nd ear first ator id. ~ ~ Sipned, kd a livared in the presence of: ' € ~ ~ l ~ ~ (Seaq ~ ~ • ~ ~ ~ STATE OF FLORIDA ~ Saint Lucie COUNiY OF • Befwe me personally appesred Sam Long, .T Y. ~nd Lily Long his wife, to me well known and known to me to be the tndividwls described in ~nd who executed the foregang instrument, and ecknowledged betwe me that they executed the same fw the purposes ~ therein expressed. And the said Lily Long wife of ths said Long, .lY • vpon s separate a~d private ~ examinstion by me taken sepsrate and apart from her seid husband, adcrawledged to and e me that she executed said inatrument freely ~nd volun- rarily and wilhout ar~y compulsion, constraim, spprehension, or fear of w frc•.~ her tsid sba . ~ WITNESS my h~nd and official seal this `~~~T day of A D. 19 68 ~ ~ _ Notary Pubtic in and the State of Plorida at lary~ ' My Commitiwn e~cp . ; Retum Ta _ ` First Federd Savings 3 losn Association . ;;p~~ Qu~K,'State of Norida at Laryt ~ ~ Of Fort P~erce. , . j"' ~ e„~,,, Mr Commission F.xpira Au9. 6 1971 Fort Pierce, Flwida ~ S~ ; ...,~,`~ci~~~i~ 1v~d«IH~E~Oi~~ c ' ; s' • 1~': OROED ~ = T s FILEO ANO RE TY FLA. ~ ~ `s i = St I.UCIE COUN • ~ This instrument prepared by = - 'RE:~ORD VERIFIED ~ x: first Federal Sav. & Loan Assn. ; 164Oi4 ~ ~ of Fort rce - ' = ~ ~ ' J~~ ; ~ '68 fE6 I AM 10 : 45 ~ . • ~L~ ' ts:..;.~ `.~~OK. ~r BOOK~ jO PAGE 98~ ~RK CIRGUIT COURl~k CI.E , ~ . ~ ~ _ ~ ~ _ ~ ~ . ~ - ~°'ry ~a~ - ~ - ' r