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Home My WebLink About2920 To p~sct +nd continuouily keep on the buitdings now a hereafte~ situ+te on said I+nd and on sli equipment and per~onally cov~r~d by thls ma~9- sg~, with ~II premiurttt thereon pafd in iull, i~re insunnce in the utusl tundard pol~cy form, ~n a sum approv~d by the MORTGAGEE, and windstorm in~uranc~ in tM ufua) sundard pol~cy (am, in • sum approved by ~M MORTGAGEE; in s~ch company w compa~les as tM MORTGAGEE may ~ d~rsd1 and all firs +nd windz~orm ins~r+nce policies on +ny of ssid build~nyi, ~ny inter~st therein or part thereof, i~ ~~~e ap9rey~~t ~~m a(a~iaid w ; In ~xceu thanof, tMll to~tai~ th~ u~ual sta~dud mwtgayse clauie a such otfier clauie ~s tM Maty~gee m~y rcquir~, ma?inp tM 1ou unda t~id pol4 ; ciss, s~th and ~very, payabt~ to uid MORTGAGEE iti intere~t may ~ppea~, and eath ~nd every t~th policy ahall be pranpNy ~~s:yned and de~ivered to + u?y held by said MORiGAGEE as (urtha security to iaid mortgs~e debt, and, not less tMn te~ (10) days in advsnct oi the expiration of e+ch pol~cy, ro da j IivN to uid MORTGAGEE a renewal thereo(, together with a rece~pt (w the pr~mium of such renewal; and ~Mre shall be no f~~e o~ wendstam iniu~anc~ ! pl~c~d on ~ny of taid buildings, any intere~t thereie a parl thereof, unleu in tF~t form' and with tM loas payable ai afwesaid; and i~ the event any ium ~ of mon~y becomes pay+ble ~nda wch policy or policiss said MORTGAGEE ihall have tM option to receive and apply ths ume on +ccovn~ o~ the indebted- neu ~ecvr~d hs~eby a ~o permit said MORTGAGORS fo receive and ust it a any part thereof for other purposes, wi~hout the~eb/ waiving w~mpair- ~ iny any puiry, lien w ~~qht under w by virtw of this morty~ye; and in tM event ssid MORTGAGORS shall fw ~ny reason tail to keep the iaid premi:es so insured, o~ fai) ro deliver promptly ~ny of said po~icies of insursnte to tsid MORTGAGEE, w.`ail promptty to pay fully any premium therefot a in any respect fail w pafocm, discharge, exacute, effect, complete, comply with ~nd ab~de by this rnvenant, a any psr~ hereof, said MORTGAGEE may pl~ce and pay fa such i~tvrancs w+ny part thereof without walvi~g or sffectinp a~y option, lien, eqvity, a riyht uader o+ Sy vi~tue of this Mar9~9e, and the fuli amo~nt of tach and ~wry such payment shsll be immediately dve +n~! paY+ble ~nd shall bear interESt from tM dat~ thereof until paid a1 tM ~ate ol nino psr cemum pN ~nnum and togetlxr wifh tuch interest shall be secured by the lien oi this ~e+wtg+ge. 1. To p~rmlt, canmil or suffer no was~e, imp+irment a deter'w~~tion of iaid properry or any psh thereof. S. To pay all snd sinpulu the tost~, charya ~nd expenx~, includinp a reasonable anwney's fee and costs of abstratt~ of title, ir?curred or paid at sny time by said MORTGAC~:E,~ or in the event of the failure on ~he part of the ssid MORTGAGOR to duly, promp?ly and fully perfo~m, d~schar9e, execute, effett, comptete, comply with ar+d ~b~de by each and every the stipulations, agretmenn, conditiom, and mvenants of said promissory note and thii mortya~e any w eithe?; and said cosra, chuges and expenses, esch and every. ~hall be immedistely due and psyable; whether a nof there be notice da mand, ~»empt ro mlkct q wit pendirg; end the full amount of each and every s~ch psymtM shall bear interest from the date thereof until p~id +t the rate of nine per centum per aruium; and all said costs, charges and expenses incurred w paid, ?ogethet with suth inttrest, shall be setured by the lien of this mortpay~. ; e. TMt (a) in the evant of any brexh of this Mortpage a defa~lt on tM psn of the MOKTGAGOR, a(b) in the event any of sa~d twns of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become d~e and payable, without demand w notice, ~ or in ihe eveM each ~nd every the ttipulations, sgreements, conditions and covensnts of sa~d p~omiuay note and th~s mortgagE a~y or eitF~cr are nol ~ iuly, promptly and fully periormed, d~scharged, executed, eftected, completcd, compGed wi~h and abided by, thcn in e~~her o? any such eveM the wid a~ pregate wm mtntipnsd i~ said promissory note then remaining unpaid, with interat accrued, and all moneys setured hereby, shall betome dw and pay- ebte fathwith, Of 1F~lfNftN, at the optior? of said MORTGAGEE, as fully sr,d compktety as ii atl of the said s~ms of money were aiginally stipulated to be paid on such day, anythirg in said promissory oote or in this Mortgsge to the contrary notwithstandi~; and thereupon or thereafter ~t the option of said MORTGAGEE, without notice or demand, suit ~t law or in equiry, therefwe or thereafter begun, may be prosetuted as if all moneys secured hereby had matured prio~ to its institution. 7. That in tl+s event ihat st the beginnirg of or at any time pending aoy suit upon this /lortgage, or to foreclose it, w to reform it, or to e~force paymeM of ~ny claims he?eundzr, said MORTGAGEE sMll apply to the Court having jur~sd~ct7on thereoi for the appo~ntment of s Receiver, ivch Coun shall Fo~tFiwith appoint a receiver of ssid mortgaged property s~l and singula?, includ~ng all and singu~ar the income, prof~ts, issues and reve~ues from whatever wurce derived, each and evcry of which, it being expressly unders~ood, is hcreby mortgaged as if spec~(ically set fwth and dewibed in the graming and habendum clauses hereof, and such Receiver shatl have ali the b?oad and effective funct~ons and powers in +~ywise entrusted by a Court fo a Receiver, and •uch ~ppointment sAall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the edequacy or insdequacy of the value of the propHry mortgaged or to the soiventY o? insolvency oi said MORiGAGOR or thr defendants, a~d that such rents, profiri, income, issves and revenues shsll be apptied by such Receiver accwdi~y to the lien or equity of wid MORTGAGEE and the practice of iucA CouA. 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agrcemenb, conditions and covenants in said promissory note and th~s mortgage set forth. 9. That in the eveM the ownenhip of the mortgaged prem~ses, o~ any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its successo?s and suigns, may, without notice to the MORTGAOR, deal with such succeuw d successw in interest with referertce to ehis mortgsge and the debt hereby secured in the same manner as with Martgagor without in any way vitiating or dixharging the Mortgagori liability here~ under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successon or assgns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successas or ass;gns, stiall operats ro releue, dixharge, modify change or affect the orginal liab~l~ty of the MORTGAGOR ixrein, either in whole a in part. 10. It is spec~fically agreed that time is of the cssence of thu contract and that ~o waiver of any obligatan hereunder or of fhe obligaYwn sr c~red hereby sMll at any time thercafter be held to be a waive~ ot tF~e terms hereof or of the instrument secu~ed he~by. Yy..,~ ~ad_dition to the fo~ego:ng mon+hly payments of princ'pDt and interest required by the promissory note sec , mortgagor covenants and sgrees to pa~tiw a e~ w~th each monthly payment an additional sum est~mated by mortgagee to 12 of the annual cost of the follow- , ing: A-All real prope~ty taxes Iev~ed or assess ' t the above desc ' a estate. B-Premiums on fire and windstorm ins~rance as herei carried on the improvemeits situate on the above described premises. C-Premivms on such mortgage guarant ' ~ce as mortgagee shail from time deem fit to csrry on the loan secured hereby. Mortgagee sha~l from time notify morigagor in writing of the amou~t due a~d pay undrr and such sum shall thereupon be due and payable on the due da e next monthly payment and each :uccessive month thereafter urtil mortgager s rt agor of a change in such ~ amoum. ms shall be appiied by morfgagee toward the payment of ~eal property taxes, insurante prem:ums, and mortgage ance pr ms. ! IN WITNE55 EREOf, t said AAORTGAGOR has hereunto set his hand and seal the day and year first aforasaid. k Siyned, Sea a c~' ~red-' of: l p b ~v'v~t n /`J . ~~tarvrt/..zcu (Seaq s ~ / (Sea!) ~ ~Sesl~ ~ ~ ~ ~al) ~ ~ STATE OF FIORIDA ~ St. Lucie ~ ~ COUNTY OF Before me penonally appeared Fmma G. Sampson, a single adult ~ ~ bmi~if, to me well known and known to me to be ~ fhe individwl~ dewibed in and who executed the fwegoing instrument, and acknowledged befwe me tlwt7tfjp~ executed the same for the purposes she k rherein expres~ed. ~lm~[MfD~~ ~ ~fi~c~oVd K aaot~wooao~bedaWdxovei~bws~nmc ~ • - ~ WITNESS my hand and official seal this IS - day ~I h A, p, 1~8 / _ ~ - Notary Public in and fo? the State of Florids ~t Lar~~ - My Commiuion expires: - , ~ Retum 10: ' ~ ; F~.~~ F~..i sa~~~. a~~~ ns~~at,o~ FILED AP~D RECORDED ~ ~ 's ~r~ F! C^i^A 2t LARti~ , . Of Fort Prerce. ST. LUCIr ~`nU'dTY FLNpJARYPLBUC.s7«~~ ~ l,~g . . Fort Pierce. Flwida ' ~ • ` - t. tdMlS~Iu~i E . ' 2~• ' ~r • . MY CO BONO~D THROUGH f...-J W. D~49tfLMCR/~ :sz ~l. . • , _ This instrument prepared by t6Q I 8 ~,N( 2 ~ ~ ~ ~ r ~ Fr federal Sav. & loan Assn. 1~~~~ ~ o o Pier . ~ . . . -=v: ; ; ' CL~RK.CIRCUIT ~OURT ? BY ~ ~ ~ Y::y ~ 8o~x1"l0 ~~~9t16 ~ ~ 4--~(~ ~ ~ ~ ' . r _ ~