The URL can be used to link to this page

Home My WebLink About2569 To plac~ ~nd contiewously ke~p on tl?~ buildings now w hereafte~ situate on said land and on all equipment snd ptrwn~lly covered by this mwtp~ a~. with all premiunYt therson ps~d i~ full, fire insurance in ~he usual s'andard policy (orm, ~n a suM approved by ~he MORiGAGEE, ~nd windstorm inwr~nce In tM u~wl ~t+nda~d pol~cy fam, in ~ ~um approved by the MORTGAGEE, in such company or companies as th~ MORTGAGEE may d'u~c~s u+d +11 fin s~d windstorm insur~nce polic~es on any of said b~ild~nys, ~ny intere~~ thereir or p+rt thereol, in tM ayprega~~ ~um afwe~sid o~ In exuu lhereof, sMll cont+in tl+e usval ~tandard mortgayee clsuse w:vch other claus~ ~s th~ Matgagee may requ~r~, mak:~ tM lou under said poli~ ci~t, sach ar+d ~ve?y, payabl~ w s~id MORTGAGEE as ~tt intereit may appNr. +nd each and every s~ch pol~cy shall be promptly ~u:yned and delivercd to ~ny heW by aid MORTGAGEE ~t iurtha security ro ssid mort9a9e debr, ~nd, not Ieu Ihan ten (10) days i~ advante of ~hs expir~tion of each polity, to dr liw~ to a+id MORTGAGEE a rtnawal Ihereof, logether with a receipt fw the premium oi tuch renewal; and 1Fere shall be no fire o~ wind~torm inwranc~ pl~pd o~ ~ny of iaid b~itdings, ~ny in~aei? there~n w p+rt tMreof, unless in tM forni and wi~h the lou payable as •(oresaid; a~..: tht event any tum of mon~y becom~~ payable undN such policy o~ policies taid MORTGAGEE shall have the option to roceive and apply the s+me a+ acco~n~ 01 th~ indebted- ~~yr~d Mreby or 1o psrmit ssid MORTGAGORS to receive and use it w sny part thereof for othcr purposes, without Ih-reb~ wsiving o~ ~mpair- ieg sny puiry, lien ot riqht under a by v'utus of this morsgage; and in the event sa~d MORTGAGORS shall iw any reawn fail ~o keep the iaid pramius to . ins~red, w fail b tkliver promplly any of said policies of insunnte fo taid MORTGAGEE, u fail p~omptly to pay fully any premivm the~efw w in any nspect tail to perfo~m, discharge, execvte, effect, complet~, comply with and abid~ by this rnve~snt, w any pa~t hereof, said MORTGAGEE may plsce and pay fw ~uch inwranc~ w any paA thereof without walving or affectinp any option, lien, equ~ty, or right ~nda a by virtw of thii Mortgay~. and thc full ~movet of esch and ~very such paymer?t shall be immcdiately dw +nd pyabl~ and sh~Il besr intarest from the dah theroof until paid a1 tM ~a» ot nin~ per ce~tum per ~nnum ar+d to~ether with sucA interest shall be secured by the lien of this mwtgsge. I. To permit, aommit or suffer no was», impairment or deterio?ation of ~aid property w ~ny part thereof. 5. To pay ~I! snd singular the tosts, charyes +nd expenses, including a reasonable attaney's fee and costs of abstracfs of title, incurred w paid ~t ~ny time by iaid MORTGAGEE, because w in the event of ~he failure on the part of the said MORTGAGOR to duly, promptly and fully periwm, d~uhargq ~xecvte, ef(ect, complete, comply with and ab~de by each and every the si~pulations, agreemenri, conditions, and cuvenants of said promi:sory note and this morty~ye any or e~the~, +nd said costs, chsrgei and expenses, each and every, sh~ll bs immediately due and payable; whether w not ther~ be notice de~ m~nd, ~ttempt ro colkct o~ suit psnd~ng; and ths fvll amovM of each and every such paymeM shall bcar interest from Ihe date thereof until paid a1 the rate of nine per centum per a~num; and all said cbsts, charges and expenses incurred w paid, toge~her with such interest, ahall be setured by tM lien of tha mon9aye. p. TMt in the event of any breach of this Matgage a default on the pan of the MORTGAGOR, or (b) i~ the event ~ny of sa~d twns of money herein referred to be not promp~ly and fully paid within thirty (30) days next after the same severally h.~come due and payable, withovt demand w noticc, or (cJ in the eveqt esch snd e~ery the stiputatiorn, sgreemems, co~d~t~ons and covenants of u~d prom~ssory note and ~h~s mortgage any o~ eul~er are not ~u1y, promptly and fully perfwmed, diuharged, C7tKU~Cd, eifected, comp:Ned, complied w~th and ab~ded ~iy, then in e~ther w ~~y such event the taid ag pre~te wm mentaned in wid promissory note then remaining unpaid, with interes~ acuued. and all moneys secured hereby. shall t+ecome due and pay- ; ~bte forthwirh, or thereafter, at the option of said MORTGAGEE, as fully and comptetely as ii all of ~he said sums of money were wiginally stipulated # to be paid on such day, anything in said promissory note or in this Mortgsge to the contrary notwithstandirg; and thereupon a thereafter ~1 the op~ion of ~aid MORTGAGEE, without not~ce or demsnd, suH at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneys setured Froreby had matured pnol to its institution. 7. Th~t in the event ~hat at the beginning of w at any time pcnding aoy su~t upon this Mortgage, or to fweclose it, or fo reform it, or to enforce payment of ~ny claims hereunder, uid MORTGACaEE shall apply fo the Court having ju~~sdictio~ thereot for tFx appomtment of a Receiver, such Court shall ForlFiwith appoinf s rece~ver of said rtwrlgaged property all and singular, includ~ng all and singular the income, p~oiits, iuues and revenues from whatever source derived, each and every of which, it bcing expressly understood, is hereby mortgaged as if spec~fically set forth and described in the granfing and habendum tlauses hereof, and such Receiver shall have slt the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted eqvity and a ma~ter of absolute rght to said MORTGAGEE, and without refere~ce to the ~deqwq w in~deq~acy of the +alue of Nx property mortgaged or to the wtvency w insolvency oi said MORTGAGOR a the defendaMS, and that such rentt, profin, incortie, iuues and revenves shall be applied by such Receiver accord~n9 to the lien or equity of said MORTGAGEE and the prxtice of svch Court. ~ 8. To duly, promptly and fully periwm, discharge, execute, ef(ect, complete, comply w~?h and abide by each and every the stipulations, agreements, conditaiu ~nd covenants in sa~d promissory note and th7s mwtgage set forth. ~ 9. That in the event the ownership of the mwtgaged premises, or any part thereof, becomes vested in s perwn other than the MORTGAGOR, the MORTGAGEE, itf succeasors and autgns, may, without norice to the MORTGAOR, deal with such successw or successor in interess with reference to this mortgage and the debt hereby secured in the same manner as with AAortgagw without in any way vitiatirg or diuharging ihe Mwtgagori liability herr under w ~pon the debt hereby secured. No sak of the prem~ses hereby mortgaged and no iorbeara~ce o~ the part of the MORTGAGEE a its successors or auigns and no extension of fhe time for rhe payment of the debt hereby secured given by the MORiGAGEE o~ its svctessars or auigns, sfiall operats to release, discharge, modify change or affect the original liab~l~ty of the MORTGAGOR hereio, eitFxr in whole w in part. 10. It is speclfically agreed that time is o( the esx~ce of this contract and tha~ no waiver of any obligat~on hereunder or of the obtigaf'an sr a:red hereby shall at any time thereafter be held to be a waiver of the terms hereof w o1 the instrument aecured herby. 11. In add~teon to the fwego:ng monthly paymants of princ'p~l and interest required by the promissory note secured herzby, mortgagor rnvenants and a~rees to pay to mortgagee with each monfhly payment an add~iional sum est~mared by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above described real estate. i B-Premiums oo fire and windstwm insvrance as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mwtgage guaranty insurar,ce as mortgagee shatl from t:me to time deem fit to carry on the loan secured hereby. Mortgsgee shall from time to time notify mortgagor in wr~t~ng of the amount due and payable hereunder and such sum shall thereupon be due and pay~ble on the due date of the next monthSy payment and each successive month thereafter ur.til mortgagce shall notify mortgagor of a change in such amount. Such sums shall be applied by mwtgager tarvard the payment of real property taxes, insurance prem:~ms, and mortgage guaranty insurance premivms. IN WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first aforasaid_ Siyned, I nd delive?Rd in the pyr~es~~c~e ~f~: ,~f ~-~Ie=wY`- a~ ~ ` v Q fSw~n v cs~.~ STATE OF fLORIDA ~ St . Lucie courm oF Before me penonslly eppeared Tony Loi;ne ~nd Caroline I.OII~ his wife, to me well known and knawn to me fo bs the individusls described in snd who executed the fwegoing instrument, and ack~owiedged before me that they execWed the same for the pvrposes r~e~n exP.essed. a,d the s~~ Caro 1 ine Loupe wife o4 the said TOny Loupe upon a uparate and private examin~tion by me qken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- tarily u~d without any compulsion, constraint, appreh q~ or fear of or from her said husband. ~ WITNESS my hand and official seal this ~Zr~ dsy of March ~ p 19 G8 ; ..~u`"L- • . Notary Public in and tor the State of florida at lar~e ~ My Commission expires: ~ /14 ~ ~ Return To: ' , . Finf Federd Savings 6 Loan Associat~on ' O4 Fo?t P~e«e. FILEO AND RECORDEO f NOTARY PUBUC, STATE OF fLORlDA AY LAR6R ST. LUCIE COU".TY. FLA. MYCOMMISSION EXPIRES NOY.,.•~6~ ~9~- Fort Pierce, Florida ~pNDED TMRJUGH FR_O W. D~F'.5T6LrfOR4 , f7~(`~1L^: "r^ . ' _ _ ~ i~s~so ~ : - = Thiys in~}~ :~ment n~ ~~1~'' =31~ ~ '68 MAR I I AM I D: 37 E~~JI ~~V?(y' t .YI• ~~~~~~~~i~l~~~C~~ / _ _ y f ~ ' F• .~0~'Rr,; ~ ~ CLERK CIRCUtT COURT ? ~ n { BOOK 1 r~V PAGE 2557 ~ t~ ~ - ~ ~f;~' - - ~ _ ~ ~ s ; _ - ~ ~ _ a~- ' ~ ~ ~S~°c~{"~ '~i : _ - ,