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Home My WebLink About2918 3. To place and coroinuously keep on ths buildingi now or hsreaft~~ ~ituate on said I~nd and on all equipnxnt ~nd person~lly tor~red by Mit matQ~ y~, w~th all premiunta ~he~con pa~d in tull, f~re imurance in the us~al srandard policy fam, ~r? ~ iun+ ~pproved by tM MORiGAGEE, and winditwm in~u~anc~ In ~Fw ~suat ~tandard pol~cy iwm, in • sum spproved by the MORTGAGEE; in tuch comp+ny w companies as the MORTGAGEE may d~ratt +nd ~II firs and w~nduorm insu~ance polic~ei on any of ssid build~ngs, ~ny :^1en~~ therein or part thereo(, in t~w a~regar~ sum atore~sid or in ~xceu thereof, iMll contain the usual ttandard mortgagee clauie w iuch o~her claus~ :s the Mortyagee may req~ue, m~kirg tFu loss u~de~ said po1F + ciu, each ~nd every, payabl~ ro s~id MORTGAGEE as its inecreit may appear, and each ~nd ev~ry s~th policy ~hall bt promptly ~u:gned +nd detiveretl to •ny held by i+~d MORTGAGEE as (urther iecurity to ~aid mortyage debt, and, not lesf than tee+ (10) dayt in ~dvuxe of ths expir~tion of each pqlicy, to d~ _ I~ver to iaid MORTGAGEE a renewal thereo}, togeiher with a receipt for the p~emium oi ivch renewal; and there shall be no f~re or winr.hta~n iniuranc~ pl~ctd on ~ny of ~s~d buitd~ngs, any interest there~n w part thereof, unless in the form' ~nd wi~h the !ou payable ~s •toresaidj ~nd in ths avent any sum of money bacomes payable v,~der wch policy w policia~ said MORTGAGEE shall hav~ tM option to rece~ve and apply 1M same on atcou~t o~ th~ indebted neu secv~ed hKeby w to permit ssid MORTCsAGORS to receive artd us~ it w any part +he~ea.! lor ofhcr pu~poses, wi~hout thsreb~ wai~i„g or ~Tpair• in~ ~ny pviry, li~n a ri9l+t unde? rr by vittue of this morlpages and in the evtnt sa~d MORTGAGORS shall (w any reason fail to keep the s~id premises so insured, or f~il to deliver promptly any of said politiei of insunnts to said MORiGAGEE, w fait promptly to p~y fully any premium there~a a in any reapect feit to pKfocm, discharge, execute, effect, complete, comply with snd abide by thls covenan~, o~ any part hereof, said MORTGAGEE may place and pay for such iniunnte w any part thereof widwut waNin~ or affectinp any option, lien, equity, a right unda w by virtw of Ihis Mw~paq~, and tht fult ~mo~nt of each a~d every tuch payment sMll be immediately dw and payable +nd thall bear iMerest from the dat~ thereo( until paid M th~ rat~ ol nine per centum pa annum and together with tuch interest shall be secured by tM lien of thi~ mortg~ge. 1. To pamit, commit or suffer no waste, impairmcnt a deterioration oi said property w ~ny part thereof. 5. To pay ~II and sinyular the <osts, charga snd expensei, including a rcasonable ateorney's fee and costs of abstrads of title, incu~red w paid at eny time by said MORTGAGEE, because p in the event of the iailure on the pa?f of the taid MORTGAGOR to duly, promptly s~+d ~ully perform, dixharge, exaute, effect, complete, comply with and ab;de by each and every the stipu~ations, sgreemenn, conditiau, and covenants of said promissory note a~d tAis mwtgage any w ei~her, and u1d costs, cha~ge~ and expen~es, each and every, shall be immed~ately dve and payable; whetlu~ or not there be nor~ci da mand, ~ttempl to tollect w tuit pand~ng; and the fult amovnt of each and every such payme~t shall bea? interest from the date thereof ~ntil paid ~t the rate of nine pe~ centum per am~um; and all said cbsts, charges and expenses ir+curred or paid, togetF?er w~th wci~ intereit, ihall be iecured by 1M lien of th» mwtp~s. 6. That (s) in tF~e event of any bresch of fhis Mortgsge or defa~lt on the pa?t of the MORTGAGOR, a(b) in the event any of sa~d sums of money herein referred to be not promptly and fully paid within thirty (30) days next afte? the same severally become due snd payable, without demand or notice, or (c) in the eveqt each and every the stipulations, sgreements, cond~tions and tovenants of sa:d promiuory note snd th~s mortgage any a either are ~wl ~uly, promptly and futly performed, d~uharged, executed, eifected, completed, compl~ed with and abided ~iy, then in eitFKr or any svch event the sa~d a¢ preqate wm me~taned in said prom~ssory note then remaining unpaid, with imerest accrued, and aU mo~eys setured hereby, tMll bemme due and pay- eble forthwith, or thereafter, at the option of said MORTGAGEE, as fully ~nd complNely as iI all of the said sums of rnoney wcre aigin~lly aripulated to be pald oo such day, anything in said promiaswy note a in this Mortgage to the contrary no::-•ithstand~n9; and thereupoe? or thereatter at the option of said MORTGAGEE, without notice or demand, suit at Iaw or in equity, therefore or thereafter begun, may be p~osecuted as if sll moneys setured h~reby had matured priq to its institution. 7. TMt in the event that at the beginning of or at any time pending aoy suit upon fhes Mortgsge, a to fweclose it, or to reform it, a to enforc~ payrrKnt of any ctaims hereunder, said MORTGAGEE shall apply to the Court having ju.~sd~c~~on thereof for the app~~ntment of a Receiver, svch Court shall forttiwith acroint a receiver of said mortgsged property all and singutar, includmg atl anci singular the income, p~o(its, issues and revenues irom whatever iource derived, each and every of which, it being expressly understood, is hereby morlgagcd as if spec~fically xt fath and dewibed in the 9ranting and habendum clauses F+ereof, and s~ch Reteiver shall hsve all the boad and eifective funtt~ons and powers in anywise entrusted by + Court to ~ Receiver, and :uch appointment shall be made by such Court as an admitted equity and a matter of absolut^ right to said MORTGAGEE, and without reference to ths adequacy w in+dequacy of the value of the p.operty mo?tgaged or to the sotvency or insol~ency of said MORTGAGOR w the defendants, and that such rents, profiri, income, issves and revenues sfiall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with a~d abide by each and every the stipulatio% sgrcements, conditions and covensnta in said ~romissory note and this mwtgage set fwth. 9. Thst in the eveAt the ownership of the mortgaged premixs, w any psrt thereof, becomcs veated in s person other than fhe MORTGAGOR, the MORTGAGEE, its successas and assigns, may, without ratice to the MORTGAOR, dea! with such succeuor or successor in interest with reference to this mortgage and the debf hereby secvred in the same manner as weth Mo~tgagor without in any way vitiating w d~scharging the Mortgagors' tiability hera under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE or its successors or assigns and no ~xtension of the rimr fw the payment of the debt hereby secv.ed given by the MORTGAGEE or its successon or assigns, shall operate ro releue, d~xharge, modify change w affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of tix essence of this contract and that no waiver of any ob~igation hcre~nder w of the obligatan sr a,red lxreby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured Fxrby. add~tion to the fwego:ng monthly payments of princ'pDl and interest required by the promissory nore secured hereby, mortgagor s and agrees to p ortgagee with each monthly payment an add~iional sum e:t~mated by mwtgagee to be equat to 1/12 of the annual c t e follow- ~^9~ ' A-All real property ta:es levied or assess he above deuribed real estate. ~ B-Premiums on fire and windstorm insuronce as herein requ~r on the improveme~ ' ak on the sbove desuibed premises. j C-Premiums on such mortgage guaranty insurar,ce as mo~tgagee shall from t~me to m fit to carry o~ the loan sxured F?ereby. ' Nbrtgagee shall from time to time notify mortgagor in writi nt due and payable hereu sum shall thereupon be due and ~ payable on the due date of the next monthl eac successive month thereafter urtil mwtgagee shall notify mor a change in such amount. Such su mortgagee toward the payment of real property taxes, insurance prem;ums, a~xl mortgage guaran nce I - j WITNESS W OF, the said MORTGAGOR has hereunto set his hand and seal the day and ye first aforesaid. e ig ' a ' red in the presence of: ; ~ ~ ~ ~ ~n a . ti '-7 % ~ ~Seaq STATE OF FIORIDA ~ ~ ~ COUNTY OF St. L11Cle ' SS' : t ~ Before me peno~ally eppeared Ralnh L. HeSter } ~ Leona M. Hester his wi{e, to me well known and known to me fo be ~ the individwls described in and who executed the fwegoing instrument, snd acknowledged befwe me that they executed the same fw 1F?e purposcs ~ r?m~e~~ exP.essed. a~d rhe sa~a Leona M. Hester ` wi(e of ihe said Ralph L. 1~ester ~pon a separafe and priv~te ~ examinaYan by me taken sepsrote a~d apa?t from her said husband, acknowledged to end before me that she executed said instrumem freely and vo{um ' tarily and witlwvt any compulsion, constraint, apprehension~or fear of or from her said husband. ~ WITNE55 my hand and official seal this day of March A D. 19 68 r No~ary P ic in and fw the State of Florids at large My C iuion eapires: /1,r,' - G /y 7/ Return To: fint Fedenl Savings d. loan Associat~on ~~:•!~`ttt, State ot Florida at large Of Fort Pierce. ~os~.~: t.i:o~ E:~ires Aag. 6, 1911 Fort Pierce, Florida ' ~~,~~~~=vF~l'iD R CORDED ~ . ' ST. LUCIC CO ' . , U~JTY. FLA. - ' - ~ ~ + ~ i~ ;bis instnqrl~t prepared by - ' : , ~ 1~~~'.i~ - first 6~~ ~ loan Assn. _ 68 f•1AR I 8 Q~ I I: 2! ; x. ~t 'F Pi r ~ _ ~ - ~ ~ i ~y ~ _ ~ . ~ •u; r ?~;.s . ~ p~ CLERK CIRCUIT COURT = ~ l _ ~i R 1~O PAGE~~~St t ~ , - BouK ~ , a r- - - _ . : ~ ~'°r - r - ~ _ ~'~~_y`~ ~ , , s ~a",>,.'~'~~ -