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Home My WebLink About2508 . _ i I To plac~ ~,~d continuo~sly keep on the bu7ld~nys now a hereafta ~irwr~ on said I~nd and on ~II eqvipment a~d personally covKed by this mwt~ i sp~, with all premiwrA ?htreon paid in tuli, fire insurance i~ the usual standsrd policy (orm, ~n • sum spproved by tM MORTGAGEE, and windstorm insuranc~ in tM usual ianda.d pol~cy fam. i~ a ium approved by the MORTGAGEE; i~ such company w companies 1ht MORTGAGEE m~y d'u~c1t +nd +II flr~ ~~d wlnds~o-m in:ur~nc~ policies on any of uid b~ild~n9s, any intertit therein a part thereof, i~ IM ~9yre9~r~ tum ~fa~taid or In ~xc~u ther~of, sMll contain tM uiwl standa~d mortga9ee clause o~ such othe~ clauss ~s tM M.orlgs9es may rpuir~, makinp tM lou undN said polh cia, each and ~very, payabl~ ro said MORTGAGEE +s ~ts interest may +pp~ar, ~nd e~ch and every tuch policy shall be promptly au:qned and detivaed to aey MW by said MORTGAGEE si furthe~ security to s~id mort9aye debt, and, not leai than te~ (10) days in advance of the expiraYan of ~~ch policy, to d~- liva 1o said MORTGAGEE • renewal thereof, to9ethar with a receipt fw the pan~um oi such renewal; and there shall be no fi~s o~ windsram In~ur+nce p~~ced on any of said b~ildings, any interest therc~n or part the~eof, unleu in th~ fo?m'~nd with the lou payable as a(wes+id; snd in tM event any tum of nan~y becomes pay+ble ~~der such policy a polKiei said MORTGAGEE shall haw tl+~ option to rete~ve and ~ppty tM same on +ccount o~ Ihe lndebted~ nep ~ecur~d f+Htby Ot ro ptrmit ~s7d MORTGAGORS to ~eceive ~nd ~u it W any part therMf for othe? purposes, without th:reb~ waivi~y or ~mpair- inq any pu~y, lien a rqht unde~ w by virtue of this mors9sye; and in the ~vent ~aid MORTGAGORS shall (w any resson fail to keep tM ssid premiies so ~ insured, or iail to dslive? promptly ~ny of said policies of i~~unnce to ssid MORTGAGEE, w fail promptly fo pay fully any p?emium therefor a in ~ny respect (ail to pafonn. d~uh~rge, execvte, eFfact, complets, comply with u+d ~b'~de by thi~ covenanl, or any part hereof, said MORTGAGEE may place snd pay fo~ such inw.ant~ w~ny part thereof without walving ot ~ffettirg any opYwn, lien, equiry, o? righr unda w by virtut of this Mwtyaye, and tl+e ~ full amou~t oi each ud ~very tuch payment shall be immediately dw snd p~y+bl~ and shall be+r i~te~est from tM dat~ the~eof u~til p~id at tM rat~ ot nirK per centum pe~ ~nnum and together with sucA interest shall be secured by ihe lien of this mort~~e. To p~rmlt, co~nmit w suffe+ no waste, impairmem p deterior~tion of said property a any paN tlxreof. S. To pay all srxl sinpulu the~costs, charyes and expenxs, includirg a reasonable attomey's fee and costs of abstracts of title, incurred or paid at ! eny time by iaid MORTGACaEE, becauss or in the event of the failure on the part of the said MORTCaAGOR to duly, p~omptly and tully psrfwm, d~uhargR eaecute, effect, oomplete, comply w~th and ab;de by ~+ch ~nd every the stipul8t~ons, agreements, conditiau, and covenanq of ssid promissory note and thi~ mortype any w ei~he?, and sa~d cosb, chsrges and expen4es, each and every, ihall be immed~stely due and p~y~ble; whether or nof thtrt be no~ice d~ mu+d, an~mpt to collett or suit pending; and Ihe full amo~nt of each and every ~~th psymtnt sFwtl bear interesl from the date thereof uMil p~id at the rate of nina ptr centum pet annum; and all said tcsts, charges and e:penses incwred w paid, logether wilh suth in:ttest, shall be satured by 1M lian of this mortp~pe. Q That in the event of u~y brcxh of this Mortgsge or default on the part of the MORTGAGOR, or (b) in the event any of uid swns of money herein refe?red to be not promptly ~nd fully paid within thirty (30) days next after the same severatly become due and p~yable, without demand w notice. o~ (c) i~ the eveM each ~nd every tl+e stipulations, agreerr~nts, conditions and covensnts of said p?omiuwy nore and this mortgage any or either sre no1 ~uly, promptly snd fully performed, d~uharged, eaecuted, effected, compltted, compl~ed with and abided by, then in either w any such eveM the uid ag Qresat~ sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys setured hereby, shalt betome due and pay~ able forthwith, w theresfter, ~t the optan of said MORTGAGEE, as fully and campletely as if all of thc said sums of money were aiginally stipulated to be paid on s~rch day, anything in said promissory note w in thls Mortgage to the con?rary notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, without notice or demand, suit at law a in eq~ity, the~efore or tF+ereafter begun, may be prosecuted as if sll moneys secured hereby had marured pnw to its instirutio~. 7. Thaf in the event that at the beginning of or at any time pending aoy suit upon this Mortgsge, or to fweclose it, or to reform it, or to enforce payment of any claims he~eunde~, said MORTGAGEE shall apply to the Court having jurisd;ction thereof fw the appo~ntment of a Receiver, such Cou„ shall fortFiwith appoint a recciver of said mortgaged ptoperty all and singvlar, includ~ng atl and sirgular the income, profits, issues and revenues Irom whatever tource derived, exh and every of which, it being expressly understood, is hereby mortgaged as if speci(ically xt forth and desuibed in the gronting and hsbendum clavus hereof, and such Rcceiver shall have all the broad and effective functwns and powers in anywise emrusted by e Courf to a Receiver, and •uch appointment shall be made by such Court as an admitted equity and s matte? of sbsolute right to said MORTGAGEE, ~nd without reference to the adequsty or inadequacy of the value of the Rroperty mortgaged or to the soivency or ~nso~vency of said MORTGAGOR or the defendants, and that such rents, profits, incwne, iuues and revenues shall be applied by s~ch Receiver accord~ng to the lien a equity of uid MORTGAGEE and the practice of such Coutf. 8. To dvlv, promptly and fully perfwm, d~uharge, execute, effect, comptete, comply with snd abide by each and eve?y the stipulations, agreements, conditions and covenants in :a~d promisswy note and this mwtgage set forrh_ 9. Thst in the event tfie ownenhip of the mortgsged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, wirhout notice to the MORTGAOR, deat wifh such successw w successor in interest with referencr to this mongsge snd the debf hereby secvred in the same manner as with Mortgagor without in any way vitiating a diuharging the Mwtgagors' liability here- under or upon the debt hercby secured. No sale of the Fremius hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successws or aui9ns and no extension of the time fw the payment of the debt hereby secured give~ by the MORTGAGEE or its successws or assigns, shall ope~+te ro release, diacharge, modify change or affect the original liabil~ty of the MORTGAGOR he~ein, either in whole or io part. 10. It is spedfically agreed that time is of the essence of this contract and that no waiver of any oblyation I~ereunder or of the obligat'an sr a:red hereby. shall at any time thereafter be held to be s waiver of the terms hereof or of the instrument secured herby. 11. In addition to the iwego:ng monthly payments of pritK pDl and inrerest required by the prom~ssory note setured hereby, mortgagor covenants and sgrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: A-All real property taxes lev~ed or assessed against the above described real estate. ' B-Premiums on fire and windseorm insuranct as Fxrein requ~red to be carried on the improvemeats situate on the above d~stribed premises. f C-Premiums on svch mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. Mortgagee shall from time. to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month theresfter ur.til mortgagee shall notify mortgagor of a change in such ~ amount. Such sums shall kx app!ied by mwtgagee toward the payment of real property faxes, insurance prem:ums, and mortgage guaranty insurance ~ premiums. ~ IN NESS F the said MORTGAGOR has hereunto set his hand and seal the day and ar first aforasaid. ~ ~ livered in the presence of: ~ ~ t~~ • ~ •n ~ ' ~ /y~ / ' _ (Se~Q ~ aq ~ (Se+q • - > STATE Of fIORIDA ~ Saint Lucie ~ ' couNrY oF Edward S . Hatf ield ' Befwe me penonally appearcd end Mildred L. Hatfield his wife, to me well known and krawn to me to bs the individwls dcsuibtd i~ and who eaecuted the fw ang instrument, and acknowledged before me that they executed the same for the purpos~s su rh~.~~~ ex~.~d. a,d r~ s~~ Mildred . Hatf ield wife ot tl~s said Edward S. Hatfield upon a separate and privat~ ~ exsmination by me taken separate a~d apart from her said husba , acknowledged to and befwe me that she executed said instrument freely and volun- rarily and wit}~out ar~y compulsion, constraint, apprehensi r of or from her said husband. ~ WITNESS my hand snd official seal this ~ day of riarch A D. 1968 ~ ~ Notary Public in ~nd fw the State of F{orida at luge s My Commiuion expires: ~ Returo Ta ~ Fint Federal Savings 3 loa~ Assotiat~on ' NGt2ry Q~51ic, 51,32~ ~I L10;•~c it ~M9e ~ of Fo~t P~e~ce. FILEO ANO RECORDED }~y Con:^»ssi~R Exp~re: ll~+. 3. Sg6`~ ~T~ s .~~.,n ~ ~Y Fort P~e:ce, Flor~da $T. L(~C1~ CQUj~'Tr F~Q. E~r.les ~r ~~,y . . . n r, - _ 'T i c- . . - - • - ~ 1 - - ~ - . ~ lhis insfrument prepared by '68 86]~j ~ $ t~• - _ first federal Sav ~ • ~ S - . of f • & Loan Assn. ~ _ - . - - n o~t Pierce ~ ~?~la~. ~ :~Ui ~ N . CLERK CIRCUlT COUR~ . , ~y` ~ ~ . . . : ~ 2 ~ aooK1~10 PAGE2497 ~k ~ ~ : _ - _ _ _ - _ _ : "~`_::fi ~ ;h'~ ..5~'.. _ . . _ . _ _ _