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Home My WebLink About1330 3. To plac~ and continuously ke~p on the buitdi~yi now or 1x~eaft~r utv~t~ on said land and on all equipment and p~naully cowr~d by ~N~ mort~ p~, with all premiu~t thereon p~~d in full, fi~e insuranct in ihe usu~l sundard policy fo~m, ~n a iu~n ~pprov~d by tM MORiGAGEE. and wi~dstorm inswana in th~ ~su~l ~ur+dard pol~cy fwm, in ~ fum ~pproved by tM MORTGAGEE, in fuch tompany or tompani~s ai tM MORTGAGEE ~y d'vatt ud ~II tir~ ~ed w~ndsto~m inivranu policie~ on +ny of taid buitd;np~, ~~y int~r~s~ tF+~rein w pa.t thc~eof. in tM ay9reya~~ ~wn afa~~aid a In ~xc~u ~Mreof, sMii contain +M usual standard matgs~ee claui~ a ~uch o~ha ct+us~ +s tM Mo+tp+gN m~y rpvin, makinp tM lou undM ~+id po~F ci.s, .ach u+d e~ay, ar+bi• ro s+id MORTGAGEE ~s ~~s iroereit may ~ppea?, +~d e+ch and wery such policy ~hall be prampNy au:yned and delivered to ~ny htld by iaid MORTGAGEE ~s fur~her security to iaid mat9~y~ debt, and, no~ leu tMn te~ (101 d+YS 1~ +dv+nc~ of tFN txpir~tion of tath policy, to dr IivN ro taid MOR1~aAGEE ~ renew~l thereof, topt~hH with • reteipt fot the premtwn of suth r~new~lj and ther~ sMll b~ no fu~ or windstam tnsurant~ pl~ced on any of iaid buildirgs, ~ny interest there~n or p+~t therwf. unleu in tFK fonn'~nd wi~h tM los~ p+y+bl~ ai ~faesaidt +~+d u+ tM ~v~nt any wm of mon~y becomas p+y+ble vnda iuch policy a polici~s uid MORTGAGEE sMll Mw th~ option ro receive +nd +pply tht iam~ a~ +cco+i~1 0~ 1M indebted~ Msi secv~~d hereby or ro psimit said MORTGAGORS to rKeive and us~ it a~ny part thereof (or othcr purpo:es, without thrreb/ waivi~g or ~mpair- inp ~ny pv~ty, (ien w ripht under w by v'utw of ihis rrw:t9~yaj ~nd in th~ ~ven1 ~aid MORiCsAGORS thall (a any reason fail to keep tM said premisei a buured, w iail ro deliver prortmptty any of said policies of insunnc~ ~o said MORiGAGEE, w fail promptly to pay fully ~ny premium therefw p in ~ny hip~cf fail b pafwn,, diuha~ge, executs, effad, complet~, comply with u~d ~bid~ by this covcnant, a ~ny pan hereof, isid MORTGAGEE msy p~ace and paY iw such iniurarKS w My pan thereof withwt walvinq a affectinq ~ny option, li~nr-squiry, o? ~~yht unda a by virtw of thii Mortp~qe. and the full ~mount of ~xh and every such p~yment thall bs Immediately dw a~d p~y~ble ~nd aMll bsu interes~ from tF~e dat~ thereof u~til_ paid a tM nq ol nirn pK centvm pa +~num ar?d together with sucA interest shall b~ iacured by tM lis~ of this matya~e. To pamit, aonunil or iuffer no waste, Impa'ument or deterioration of said property o? ~ny Wrt ~hereof• S. ?o pay all ~nd singulu the•cwti. ci»r9es and expenxs. ~ncl~ding ~ reasonable attwney i fee snd costs of ~bstrscn of title, incurred or paid at u?y tune by said MG~?GAGEE, beause ot in the event of tM f~ilure on the p+~t of tM said MORTGAGOR to duty, promptly +nd fully perform, d~uharge, execute, effed. compkt~, comply with and ~b~ds by ~ach +nd every the itipul~~~ons. ~greemcnts, conditiau. a~d covenants oi s~id p?omissory note and thu mortgspe +ny o~ ei~her, ~nd sa~d costs, cha?ges and experxes, e+ch and every, ihall b~ immed~atety due snd peyable; whether or not there be no~rce de m~nd, ~ttempt to colkct a suit pend~ng; +nd the fvll smount of each and every wch psyment ~hall be+r imeresf from the date the~eof until paid ~t the ~ate of nine pcr centum per annum; and all said cd~ts, chxges a~d expentes incwred or p~id, togethK with tuch intere~t, thall be secu~ed by tM lien of thu mortpap~. - e. That in the event of u?y breach of this Mortgsge w defa~l~ on ~he pan of the MORTGAGOR, or (b) in the event any of s~id sums of money herein referred to be not prompny and fvlly paid within thirty (30) days ne:~ after ~he same severally become due +nd payable. withovt demand w norice. w W in the evertt each ~nd every the stipulat~oes, ~greemcros. conditions arxl cove~+~ts of is~d promiuory note and tA~s mortgage any a either are na ~uty, promptly ~nd fully performed, d~xharged, executed, effected, compteted, comp~~ed wi?h snd abided by, then in ei~her w any svch ~venl the sa~d ag presate sum mantioned in said promissory note thcn remaining unpaid. with :nterest xuued. and all moneys secu~ed hereby, shall become dw and pay- able fathwith, a thereaftea, at the option of said JNORTGAGEE, as fvlly snd comple~ely at if all of fl~e said sums of money were aiginally ttiputated to be paid on such day, anything in saFd promtssory note or in this Matgage to the contrary notwithstsndirg; and there~pon w therea(te~ at the option of s~id MORTGAGEE, without notrce a demand, suit at law or in equity, therefwe w thereaftcr begun, may be prosccuted ~s if ~II moneys aacured hereby had marured prar to in instiwtion. 7, That in the evem ~hat at thc beginn~ng of or st sny time pcnding aoy wit upon this Mortgage, or to faeclose it, or to refwm it, or to enfwce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju~~sd"+ction thereof {a the appo~ntment of s Receiver, such Cou?t shatl fortliwith sp~wint a receiver of uid mortgaged property all snd singvlsr, includ~rg all and sirgular the income, p?ofits, issues and reven~es fran whatever ~owce der~vcd, each and every of wh~ch, ir be~ng e:prcssly undersrood, ~s hereby mw~gaged as if spetifitally set fwth and described in Ihe pranting a~d Mbenclum clauses hereof, and such Receiver shall Mve ~II the broad and effective f~nct~ons and powers in ~nywise entrusted by s Court to a Receiver, and such appointment shall be made by such Court ss an admitted equity and a mauer of ~bsolure right to said MORTGAGEE, a~d without referecxe to the ~dequuy w in+deqwq of the valve of the property mortgaged or to the soNe~+cy w insolvency of sa~d MORiGAGOR o. ~he defendann, u+d that such rentt, profits, incane, iuues and revenves shall be applied by such Receive~ accwdiny to the lien w equity of wid MORTGAGEE and the practics of wch Court. & To dul•r, promptly snd fully pe?fwm, discharge, execute, effect, eompiere, comply with and abide by each and every the slipulations, sgreernenri. conditans and covenants in sa~d promissory nots aod th~s mortgage set fortF~ 9. That in the event ti+e owncrahip of the mwtg+ged prem~ses, a any part ttxreof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its successors snd su~gns, may, without nofice to tAe MORTGAOR, dcal with svch succcssor or successor in interest with refc~ence to this morty~e and the debt hereby secured in the ssme manner as with Mortgagw without in any way vitiating or d~xharging the Mortgagors' liabiliry hera ~nder or upon the debt hereby secured. No ssle of fhe prem~ses hereby mwtgaged and no forbearance on the part of the MORTGAGEE w its successors p ~ssgns and no extension of the time fa the paymcnt of the debt hereby secured given by tF+e MORTGAGEE or its successors or assegns, shall operat~ to release, d~scharye, modify change or affect the originsl liabil~ty of the 1NORTGAGOR Fxrein, either in whole w in part. 10. It is spec~ficatly sgreed that time is of the esxnce of ~his contract and that no wsive~ of any oblgatan herevnder a of the obligation sr a,red hereby sAall at any time tF~ereahe~ be held to be a wairer of the terms hereo! o~ of the instr~ment secured herby. 11. In add~tion ro the fwego:ng monthly paymen~s of princ'pDl and inrerest required by the, {xom~ssory note secu?ed hereby, matgagor cove~ants and agrees to psy to mortgagee with each monthly paymrnt an add~~ional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the fo~low- m9= . A-All real properry taxes levied o~ assessed against the above described real estate_ B-Premiums on fire and windstwm insurance as herein requ:red to be tarried on the improveme~fs sit~ate on the above desuibed p?emixs. C-Premiums on suth mortgage gw?anty inswar~ce as mwtgagee shall #rom time to time deem fit to carry on the ban setured hcreby. Mortgagee shall from time to time notify matgagor in writing of the amount due and payable hercunder and such sum shall thereupon be due and paysble on the due date of the next month~y payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such smount. Such sums shali be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranfy insurance premiums. IN WITNE EREOf, the w~d ORTGAGOR hss hereunto set his hand and seal the day and yesr first aforasaid. v pesence of: ~ /d ~ . (Se~~ . . i- ~ap . l~ ~ t/Lu ~ ~ _ /~ir.s _ ~ Gt~6s,L.. (w4 . ~ ~Sea4 STATE OF FLORIOA ~ , St. Lucie COUNTY OF ' Befwe me persa~slly sppeared Carrol~ C. DOClQ9 snd Ft~ng M~ nA(jgA his wife, to me well known and known to me to be the individ~als described in and who executed the fuegoing instrument, and acknowledged before me that they executed the same for tFro purposes therein expressed. And tha said F.dna M_ Dodge wife ot the said Carroll Ci. Dodge upon a separate and private exami~atio~ by me taken separate and apart from her said husband, acknowledged to and before me 1Mt she executed said instr~ment frcely and volvn- rarily and w~thout aryr compulsion, constraiM, apprehe feu of or from Fier said husband. WITNESS my hand and official seal this day of ' A D. 1968 / Not Public ~n ~~d fw the Sute of f{orida ~t~ijr~e; I~ My Commission expires: : - • ~ . Return To: ~ , . Fint Feder~l Savings a losn /lssociation ~ }~rJT{IRYPI'~.•'t^, c,-^~ ni F~~tii~A et UIRGE • - Of Fort Pierce. - " ' ' P ~ - ~tY. CQ,.~~,.iS~iG~; E./,~ ~F.S r~ov. 29. 19G8 ~ Q' o~, - Port Pierce, Fbrida ' : ' O~ED TNROY6M FRED W. DIESTEWO~i : f~ ~ ~ ~ RECOR E~' ' ~ ~ " T9tiis instrur:~°~: ps~p~i°d by FILEO AND - Federat ~av. & Loan Assn• ST. ~UCIE Co~~T~ E~LA• , ~ F~~st P~ ,.~r~., ~ 4 _ _ ~ ; . . of Fort Pierce 425 By D. Chastain 1.6 ' 3 , ~ '68 fE6 9 ~ ~ c~p~E:r~. i'V~~R~aS• CLEOK~CIRCUI? COURS D~~ ~ _ 8oo~c1 ~0 ~cf~~`~ 1 _ f ~ . , _ ~r.- ' ~ > ~ -re- ~ . r ~ . ~y_ __~,•:::c=:' =:;~i: