The URL can be used to link to this page

Home My WebLink About2914 To pl~c~ ~nd continuou~ly keep on the buildings now or hereafter ~ituate on iald land and on slt equ~pment and p~nonally cov~r~d by thi~ matg~ sg~, wi~h ~I) premiurrA thercon pa~d in fuil, fire in:u~snce in the usual s~andard policy form, ~ a sum ~pprovad by the MORTGAGEE, snd w~ndstam in~uranc~ in tM uiual st~ndard pol~ty (wm, in ~ sum approved by ~he MORTGAGEE, in fuch tompany o~ tompanies ~s tM MORTGAGEE may directj and all tire ~nd windstorm insurancs policies on a~y of said build~nys, +ny interest tMrein or part ?hereof, in tM aggrog~t~ ium afort~aid o~ ~ I~ ~acesi thereof, tMll contain the usual itandard matgayee clause w such other cl~ute ai the Moregagcs may requ~re, m~~in~ ~hs loss under said pol6 ci~~, e~ch and every, p~yabls to iaid MORTGAGEE +s iti intereft may +pptar, and each and every such policy sh~ll be promptly su:yncd r~d delivered ~o eny held by said MORTGAGEE as further iecurity ~o iaid mat9+ge debt, and, r+ot less thao ten (10) dayi in advance of ~he expir~tion of each pol~cy, to da liv~r to aid MORTGAGEE a renewal thereof, toge~her with a rece~pt tor the p~emium of such renewal; and ~here shall be r+o f~rs o? wind~torm insuranc~ pl~ctd on ~ny of qid buitdirgs, ~ny interest tFxrein o? parl thereof, unless in the forrti and with Ihe loss payabte a~ afaesaid; and in the event any ium of mon~y becanei p+yable unda such policy w policies said MORTGAGEE shall hsvs tM option to receive and spply 1F+s s~me on accouM oY the indebted~ neu secvred hereby ot ro permit ssid MORTGAGORS to rKeive and uss it a any part thereol for ofhcr pu~poses, without th:reb~ waivi~y or ~mpair- in9 any ~qvity, lien or right unde~ or by virt~e of this mortysge; and in the event said MORTGAGORS il+all tw a~y resson fail to keep the ssid premiia so insured, or (ail to deliver promptly any of said policies of insursnte fo said MORTGAGEE, w fail promptly to pay fully any premium therefor or i~ any respect (ail b perfo~m, discharge, execute, effect, complete, comply with and ab~ds by this cove~ant, a any parl hereof, said MORTGAGEE may pl~ce +nd pay (w tuch infurance w+ny part thereof without wdviny w ~ffettiny sny optio~, IiM, equity, a right under a by virtw of this Mortpape, and the full amount of each and every such payment ~hall be immediately due and payabls ~nd ihall bear interest irom the date tFxreof until paid M ths rate ol nine per centum per annum and together with such interest shall be secured by the lien of this f~wttgsge. 1. To permit, tommit w auffer no wa~te, impairment or deterioration of iaid property a any psrl thereof. 5. To psy all sod singular the <osts, charges and expenses, includin9 a reasonable attorney't fee and costs of abst?acts of title, incurred o~ paid a1 eny time by uid MORTGAGfE, because or in the event of the failure on the pa?t of the said MORTGAGOR to duty, promptly ~nd f~lly pcrform, d~xharge, execute, etfect, complete, comply with and ab:de by esch and eve?y the stipulat~ons, sgreements, conditions, snd covenants of said promissory note and thit mortgage any or either, and u~d costs, cFprges and cxpernes, each and every, shall be immed~ately due and paysble; whether a not there be no~ice da mand, ~ttempt to tollect w suit pending; and the full amount of each and e~ery such payment shall bear interest irom the date thereof un?il paid at the rate af nine per centum per amwm; and all said coats, charges and expenses ~ncurrerl or paid, together wnh such interest, shall bs secured by the tien of ihu mort~~ye. 0. That (a) in the evcnt of any bresch of this Nlwtgage o~ default on the part of the MORTGAGOR, w(b) in the event ~ny cf said sums of money herein referred to be not p~ompt~y and fully psid within thirty (30) days next after the same severally become due and psyable, without demand or notice, or (c) in the ev~~t each and every the stipulations, agreerrKnts, cond~tions and covenants of sa:d promissory note and th~s mortgsge any or either are not iuly, promptly and fully performed, d~scharged, execu~ed, effectcd, completed, compl+ed with and ab~ded by, then i~ either a any such event Ihe said ag greyate wm mentaned in said promissory note then remaining vnpaid, with interesl atcrued, and all moneys stcured hcreby, shall betome due and pay- eble fathwith, or thcreafter, at tF+e option of said MORTGAGEE, as folly and completely as if sII of the sa~d sums of money were origin~lly sttpvtafed to be paid o~ such day, anything in sa:d promissory note or in this Mwtgage to the comrary notwithatanding; and thereupon w thereafter sf the option of said MORTGAGEE, without notice or demand, suit at law a in equity, therefue or thereafter begun, may be proxcuted as if all moneys ~etured hereby had matured prw? to it3 inslitution_ 7. That in the event that at thr beginning of or at any time pendinq aoy su~t upon this Mortgage, w to forectose it, or to reform it, or fo enforce paymenf of any tlaims hereunder, said M02TGAGEE shall apply to the Court having jurisd~ction thereol fw the appo~ntment of a Receiver, such Court shall fortiiwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singutar the income, prof~ts, issues and revenues from whate~er source derived, each and every of which, it being expressly understood, is F.ereby mortgaged as if specifically set fwth ~nd described in the 9ra~ting and habendum clauses Fu!reof, and such Reteiver ahall have all the broad and eifecfive fainct~ons and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitred equity and a matter of ab3oluie right to said MORTGAGEE, ;nd without re(erence to ihe adequacy a inadequaty of the value of the property matgaged or fo the soivency o2 iMolvency of said MORTGAGOR w 1F~e defendants, and Ihat such ren~s, profin, ir?come, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of wid MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perfo?m, discharge, execute, effect, complete, tomply with and abide by each and every the stipuiatio~s, agreements, ccnditans and covenants in sa~d promisswy note and ~his mortgage set forth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a perspn other fhan the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such succeuw w successa in interest with reference to this mortgage and !he debt hereby secured in the same manner as with Mortgagor without in any way vitiating w d~uharging the Mortgagori liability hrrr ~nder q upon the debt hereby secured. No sale of the premises hereby mortgaged ar.d no (orbearance on the part of the MORTGAGEE w its successors or assgns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or i1s successors or auigns, shall operate to release, d~uharge, modify change o? affect the orig~nal liab~l~ty of the MORTGAGOR herein, eithe? in whole or in part. 10. It ia specificalty agreed that time is of the e:xnce of this cor:tract and that no waiver of any obligat~on hereunder a of the oblgation sr a,red hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add:tion to the fwego:ng monthly payments of princ'pDl and i~terest required by tF~e prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee w~th each monthfy pay.nent an add~~ional sum estimaied by mortgagee to be equal to 1 j 12 of the annua! cost of the follow- ing: A-All real property taxes levied or assessed aga~+~st thc above desvibed real estate_ B-Premiums o~ fire and windstorm insurance as herein requ~red to be carried on the improveme~ts s~tuate on the above described premises_ C-Premiums on such mortgage g~aranty insurar,ce as mo~tgagee shall from t~me to time deem fit to carry on the loan secured hereby_ Mortgegee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereundrr and such sum shall thereupon be due and ~ayab~e on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such amount. $uch sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage uaranty insurance premiums. ` IN WITNESS WHEREOF, the said MORiGAGOR has hereunto set his hand and seal the day and year first aforasaid. i ~ Si9 d, Sealed and iv in th resence of: ~ - ~ ~ ~ ' (Ses ) ~ (Seal) y (SeaD ~ STATE OF 1[~K~C 0~110 1 . ~ ~ouNn oF Fulton and _Lucas j ~ Ed ar C. Farthin ~ ~ Befo?e me personally appeared 9 9~ R S1ri~~ZP. fi(jillt ' ~~p, to me well known and known to me to be a ~ the individuay described in and who ex t fw oing instru nt, and acknowledged befwe me that ~he~ e:ecuted the same for the p~rposa fherein expressed. u--~ • ,i~b[~Q~[~i~fBC `~d / - .•u-~-oo ?G~d~ili]~i11IK Klf~~fe r 9EDWQ1l~LD(~QO[ tefd~Ott ~ WITNESS my hand ~nd officiaf seal thia day of March A. D. 19 68 . ..;.f. , ND RECORDF~ ~ G . c.`"~ F~<.E~ A ~ Notary Public in and for the State of F{orida at large _ ~ , ST. LUCIE COU~~TY• F~-Q`' My Commission eapires: _ - ,Refwn To: ^^f~ _ . =first=-Fedenl Savings b~oa~ ~s«~at~o~ FLORENCE E. M/~RTIN, NOTARY PUBLIC - os Fo.~ Prct[r.__ ~YI ~ O FULTON & LUCAS COU?1TY, OHIO - ~ ' Fort Pierce, FJorida ~ ~ 'sa ~I~•~ 2 b~ Co~nmiu'wp Expires April 24, 1.9b9 ant ~e~~~~d by l~`~?`-~ 1 ~ This p : . "1 r's inst~u r ` r,,~~ :i_?-. ~i. - first fede~~~ r'''- ~J~~ , CLERK CIRCUIT COURT ~ ~ ~C[C2 u~ ~ O BOOK 1 ~O PAGE~~7O _ ~ ~ ~ hFti~- : ~ S .i+~. a . ~3IIF~~s~^r~+a'SL~~'~n-~e_, ~ `r'~~~-~.."~