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Home My WebLink About2093 To place u+d continuously keep on the buildings now w hereafter ~ituate on sa~d land and on all equipment ~nd pe.ionally covercd by thi~ morlp~ ~ ~p~, with ali premiurrt~ Ihereon pa~d in tuil, f~re in:urancs in ihe ususl srandard policy iorm, !n a sum approved by tMs MORiGAGEE, and wind~torm • insu~antt le? ths usual standa~d pol;cy iwm, in • sum ~pproved by tM MORTGAGEE; in suth tompany w tompani~s q tha MORTGAGEE may d'u~ctj ~nd ~11 iire and w~ndstorm iniuranc~ poi~ciet on any of ia~d bu~id~ngs, a~y i~terest therein or p~rt ~hereoi, in tt~e ~ygreyat~ sum afuti~ld ot in ~xceu therM,f, shall contain ths u:ual itandard mortgaytt clav~e w suth ahe? tlaus~ ~s t!?~ Mwty~gee may requir~, maktnp th~ los~ unda uid poiE ' ci~s, each ~nd ~vsry, p~yab~e to iaid MORTGAGEE +a its int~~e~1 may appear, and esch and every such policy ihall be promptly ~ss:yned ~nd delive~ed ?o t ~ny held by ia~d MORTGAGEE ~s f~~~ha ~ecurity to s~id mortyape debt, and, nol leu than ten (10) day: in advance of the expjiat7on of eacl~ poliq, to dr ~ liwa to ~sid A10RTGAGEE a renewal thereof, toyetha with a rKeipt fot the premium oi ivth re~ewsl; and there shall be no f~re o~ windsform inivranc~ 3 pl~ced on ~ny of taid bvildings, ~ny interett there~n w part therwf, unless in ~he form' ~nd with tM Ioss p~yable as afwes+id; and in thc event ~ny sum ~ of money becomes payable under tuch polity a policie~ uid MORTGAGEE thall hsve tM option to receive and apply ~he s+me o~ account o~ the indebred- d Mss sKVr«! hereby or 1o permit iaid MORTGAGORS fo ~eceive and us~ it W a~y part thercof }or othe? pu~poses, ~vithout th~reb~ waivi~ig a impair- i~p any puity, lieri a!igF?t under or by virtus of this mortg~ge; u+d in the eveer ~a~d MORTGAGORS shal! fw any reason fai) to keep fhe ssid premius so insuied, w fail lo deliver promptly any of said polities of insunnte to ssid MORiGAGEE, u fail promplly to pay tully any premium therefo~ or ln any respect f~il 1o pe~tocm, d~scharge, e:ecvle, effect, complets, comply with ~nd ~bide by 1F~ia covenant, w any part hercof, said MORTGAGEE may place and p~Y for such in~~:~c~ ot any part thereof w;thout wahrirp w affectinp any optio~, lier~, puity, or ?ighl unde? a by virtu~ of this Me•tga9e. and the fvll amovm of sach ud every such p~yment sh~ll be immediately dw and payabl~ and shall bea~ interesl from the date thereof vntil paid at th~ rate ol ? nins pe~ tentum per ~nnum and to~ether with iutA interest shall be secured by the IiM of this mortgage, ~ 1. To p~rmit, commit or suffer no wasts, Impai~ment or deteriwation of said property a~~y part thereof. 5. ?o pay a!1 snd singular the.costi, charpa and qxpenus . includinp a reasonable attwr?ey'i fee and co~ts of ~batracq of title, incurred or pa7d st any time by said MORTGAGfE, because or in tt+e eveM of ~heTa;l~re on the part of the ssid MORTGAGOR to duly, p~omptly and futfy pe~fwm, d~uharge, •xecute, effest, complete, compty with and ab:de by-asch and every the stipulation~, agreem~nts, conditions snd covenants of said promissory nore and this ' mortgage any or ei~he~, and sa~d costs, chugt~ and expen~es, each and every, shall be immediately dve and payable; whetFer w not there be ~otite d~ reNnd, ~nempt to collect a suit pending; and the full amount of each and every wch payment shall bear interest from the dafs thereof umil paid a! the ~ate of nine per ceotum per an»um; and all uid cbsts, chargea and expenus incurred a paid, together w,th such int~rest, ihall be setured by tM tien of thu mwt~age. 6. That in the evcnt of any breach of this Mortgsge or defaull on tha part of 1Fx MORTGAGOR, or (b) in the event ~ny of sald sums of mone~ herein referred to be not promptiy and fully pa;d w;thin thirty {3p) days nex~ afre~ the same several?y become due and payable, without demand a notice, w(c) in the eveM each ~nd every the ~tipulations, agreements, cond~tions and covenants of sa~d promissory Rote and th~s mortgage any a either are nol iuly, prompNy and futly perfwmed, discharged, executed, eifected, compteted, complied with and abided by, then i~ either or any such event tM said ag pregate sum mentioned in said promiuory ~ote then remaining unpaid, with intcrest acuued, and all mo~eys secured hereby, shall become due snd pay- able forthwith, a thcreafter, at the opt;on of said MORTGAGEE, as futly and completely as if alt of the said sums of money were o~iginelly stipulated ro be pald on s~ch day, anything in sa;d prom~sswy note or in this Mortgage ro Ihe contrary notwithstanding; and thereupon w thercafter at the optio~ of s~id MORTGAGEE, without notice or demand, ruit at law or in equity, there(ore or thereafter begun, may be prosecuted u if all moneys secured hereby had matured pnor to in '.'ufituiion. 7. That c~ the event that at the beginn;ng of w st any lime pending aoy suit upon this Mortgsge, or to foreclou it, or to refam it, or to enfwce psyment of eny claim: hereunder, said MORTGAGEE shall apply to the tourt hsving jur~sd~ct~on thereof fw the appo~ntment of a Receiver, such Cour~ shall fatFiwith appoint a rKeiv~r oi said mortgaged property alt and singular, inctudmy all and singular the income, p?olirs, issves and ~evenues from whstever source derived, each and every of wh~ch, it bcirg expressly understood, is hereby mortgaged as if spec~iically ut forth and desc~ibed in the g:anting aod habendum tlauses hereof, and such Rcceirer shall have all the broad and effective fvncnons and powcrs in anyw~se entrusted by a Court to a Receiver, a~d wch appointment aAa~! be made by such Cour! as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference fo the adequacy or inadeG~.acy of the value of the property mortgaged or to the sowency or inso~vency of said IIM1ORTGAGOR w the defendants, and ~hat such r~„ profin, income, issues and revenues shall be appl~ed by such Receiver accord~ny to the lien or equity of said MORTGAGEE and fhe practice of suth ` 8. To dvlv, promptly and fully perfo~m, diuha?ge, execute, effect, complete, comply with and abide by each and every tFx stipulafions, agreements, condiYwiu and covenants in said promisswy note and ~h~s mortgage set fwth. 9. Thst in :!~e event tAe ownenhip of the mortgaged premises, or any part thereof, betome~ vtsted in s perwn other t!?an the MORTGAGOR, the MORTGAGEE, iri successws and assigns, may, withoul notice to the MORTGAOR, deal with such suctessor or successor in interest with refercnce to thiu mortgsge and the debt he~eby secured in the ssme manner as with Mortgsga without in a~y way vitiafing a d~xharging the Mortgagors' liability hera under w ~pon the debt hereby sec~red. No ssle of the F.emises hereby mortgaged and no forbeara~te on Ihe part of the MORiGAGEE or its suctessers p ~ss~gns and no extcnsion of fhe time fw tFK payment of the debt hereby secured given by the MORTGAGEE or ita successors or assigns, shall operate 10 ~elease, d~scharge, modify change w aNecr the orig~nal IFab~lity of the MORi6AGOR he~ein, eifhe~ i~ whok a in part. ~0. It is speNfically agrerd ths~ time is of the esxnce of tF~;s contrad and that no waiver of any obligation hereunder o? of the obligatan st a,red hereby shall at ~ny time tFxreaf!er b~ h~ld to be a waiver of the terms hereof w of 1Fx irstrument secured herby. 11. In add~tion to the forego:ng monthly payments of princ'ppl and interest required by the promissory nore secured hereby, mwtgagor covenants and agrees to pay to morrgagee with each monthty payment an add~rional sum estima?ed by mortgagee to be equal to 1/12 of the annual tost oi the follow- ing: A-All real property taxes levied a~ assessed against the above descri5ed real estate, B--Premium: on fire and windstorm insurart~e as here~n requ~red to be carried on the improvements situate on the above dastribed premius. t-Premiums on such mortgaqe guaranty irtsu~ar,ce as morrgagee shall from r~me to t~me deem f;t to cairy on the loan secured hereby. Mwlgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due a~d payable on the due date of the nexr monthly payment and each successive month thereafter ur.t~l mwtgagee shall not~fy mortgagor of a change in :uch amounf; Such sums sha!! be applied by mortgagee toward the payment of real property ta:es, insurance prem:~ms, a~xl mortgage guaranly insurance premi~~ms. IN WITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day and year first afwesaid. ~ ~S~p~n~e~d~5 ~a1}d and~delive~ in tlte presence of: _ ~y.~/~!11~~ ~,ilM~s:l .~Q t.J ~ ~ D (SeaO (Seaq (Se+4 SiA1E Of F10RlDA ~ COUNiY OF v~ L c~ e ~ Before me penona(ly appeared Raehel Lee a widow ~ ffi~avi!!, to me we!! known and known to me to be the individua deuribed in and who executed the foregoing instrument, and ackrwwledged before me that ~~exetuted the same fw the purposes tl+erein expressed. Md-tF+e--seF~ -wif~ ~f•~he-swd~ ..e+~aiwi~~tipr?.by+w ~siew se~arale.,ewcLap~.r-f~ow~-ire~-s~i~-Iwrsbwnd,-eekwo.vkdged-ts end ~beforc-rne-rhM-sA~^ e~cetvtetrsll~ ~~o?tllln~'!f~ i~'pfNitS ,tac~yr ~~v~i~F+ou ~'"~~+~~vT ~Y- ~w~+~~ wostw3aL +PP F+ep~i49, a f~an ~f-oa fr~w?~Fwws«i M~»b«wi. I/~r WITNESS my hand and official seal this day of b U a p. 19 68 = 4 Notary Pub~ic in and for the State of Fbrid+ at luye My Comm~ssion Qxpires: //-Z, V_'] j Retum 70: , FI ' ' ' Fint F~d~..i sa~;~, a ioa„ ~f«~a,,o~ • LLO AND RECORD N~T~RY ~ICE:~. s*a*e af ~t;ira:~a,at 1nk1~ Of Fo~t P~erce. ST. LUCIE rnU~~'~-Y E~ ~ Mr en~„~•: .-•':~1 f r-~tSi='~ K~`?1/ 2:5. 1~}Il % Fort Pierce. Flo~ida r• . . F~-A. s~ :154`?' = = . - ` = , 58 . . - This insfrume 68 FE6 2 8 ~1 ( Q' 0 v-. First Federal Savt P~epared by ' z ~ ~ _ ~ ~ of Furt Fiercea~ Assn. . -'~~oti.~~~~ _ - BY . Chastain ~=`RK CiR~U1T COUR? _ , b00K P11f~~~7 rb = ~ - ~ , _ _ _ - ~ ~ . : _ _ ~ - _ ~ ~ w-~: