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Home My WebLink About2948 i • • To plac~ ~nd contln~ously ks~p on tM bviidinqs now or h~re~fter situat~ on ~aid land and on ~11 puipnxnt se+d p~?wnaliy cova~d by tfiis mort¢ with ~II prtmiun4 tMrwn pi~in full, fire insvranc~ in ths v~u+t ttandard polity form, ~n a sum approv~d by 1M MORTGAGEE. ~nd wind~tam insw~nc~ In th~ ~~ual ~ui+da~d pol~cy (am, in • sum approved by tM MCRTGAGEE, in ~uch company w canpan~es as tM MORTGAGEE m+y dir~j ~ed ~11 f'u~ ~nd winds~o~m insurancr policies on any of aid build~np~. ~ny inttr~st th~~ein w part the~wf, in t~~t aQprsy~t~ sum afwtsaid or ; In ~xuss the?wf, sMli conbin tM uswl itandard mortgay~ tla~se a such otMr clavs~ ~t tht Mort~~ges may ~puir~. makinp ~M loss u~der ud po14 ; cis~. ~ach and ~wry. p+Yabk ro uid MORTGAGEE a iri intc~ql may ~ppNr, and each and ~wry fvch policy shall b~ promptly us:pncd ~~d d~livKed to •ny MW by said N1pRTGAGEE as fwtFw~ secu~ity to iaid mor~~a9~ debt, and, not leu tMn ten t10) d+YS in ~dvance of tM •apEration of ~ach policy, ro da I~~N to said MORTGAGEE • renewal Ihereof, topetFw with • receipt fw the p~~niwn oi such ~er?~wal; and thers aMll b~ ~o f'a~ a winditam tnswae~c~ pl~ad on ~ny of uid build~nps, ~1~y IIIfHft~ 1I1ffQ111 W~f) tMr~of, unleas in 1M fwm'and wi~h th~ lou paYable ~t afaeaid: and in tht ~v~nt ~ey sum of mwwy becomes payabl~ ~nde~ such policy or policies said MORTGAGEE sMll Mw ~M opt~a? to ~eceive and apply tM ~am~ on +ccounl 01 tM ii?d~bted~ n~u Ncv~~d hN~by o? lo pKm~t said MOR?GAGORS to reteiva ~nd u~ it o? ~ny part thrreof fo~ other purposes. without the~eb/ waivi~~p w~mpair- i iny ~ny pvity, lien or right under w by virtw of this mortys~s; and in tFw ~vero u~d MORTGAGORS shall fw ~ny r~ason f~il ro keep the ss~d pranises so : ins~red, a f~il M deliver promp?ly ~ny of said polities of insun~u to said MORTGAGEE, or (ail promptly Io pay fully any pr~++ium therefw a in any respect fail b p~rfoan, dixMry~, execvt~, eff~d, tamplet~, comply with u+d aEids by this mvenant, or any pa~t hereof, s~id MORTGAGEE may plate and paY fa ~uch inw~anc~ o? any put tMroof without w~lvinp a affactirg any optiay li~n. puity. w righ~ unda ar by virtw of thi~ Mor~~ap~. ~nd the full amo~nt of Nch ~~d ewry wch payment shall b~ immediately dw +nd p~yabl~ and shall bear interesl from tM d+N thereof until paid at th~ ~at~ ol n~rx pN tentum per ~nn~m and together with such i~terest shall be secured by tM lien of this mortya~e. To p~rmit, oormnit w wffer no wut~, imp+irment w deterioration of uid prope~ty or any part thcreof• S. To pay all ~nd sinpvlu tM.coats, charpea ~nd expenses, includinp ~ reaionable attorney i fee and coits of abstracts of titls, incurred w paid at any iime by wid MORTGAGfE, becaus! w i~ the ~vMt of the f~ilure on the pan o( the s~id MORTGAGOR to duly, promptly ~nd fully pertorm, diuMrgR eaecute. ~ffed, complet~, tomply with and abide by ~ach and every the stipulations, agreemenn, conditioes, ~nd cove~ann of s~id p?omissory note and thi~ mortgap~ any o~ tithe~. and ss~d costs, chupes snd expe++ses. each and every. ~h+ll be immed'utety due +nd p+ysbte: whether o~ not there be notK~ da m~nd, antmpt to tolkct w tvit pendiny; ~nd tM fvll ~mout+t of tach and every wth psymeM ahall bear interest from the da~e thereof until paid at the rate of nine pe~ ccntum per an~um; and all said costs, charges and expenses incurred or p~id, topether w~th such int~r~sL shall b~ ~scured by tM lit~ of this ^wrty+p~- 6, Th~t ja) in the event of any beach of this Mortya~e or default on tM part of the MORTGAGOR, or (b) in the went ~ny of sa~d sums of ma~ey herein r~fared to b~ not p?omptly ~nd fully p~id within thi~ty (30) days next ~fte+ the same seve~ally become due +nd payabls, without demand or notice. or (c) i~ the ~wnt each and every tF+~ stipulations, agreements, co~d~twns end cov~nants of sa~d promissory not~ and th~s mortpa9e any a either ar~ oot i~ly, pranptly and fully perfwmed, diuharged, eaecuted, effected, completed, complied with and abided by, then in either a any tuch event ~he s+id aQ p.esab sum mentia~ed in aid promissory note thtn remaining unpaid. with interest atuued. ~nd all moneys secured hereby, ihall betome dw and pay- sble fathwith, or thereafter, ~t tFa option of said MORiGAGEE, as f~lly and comp~etely as if +II of the said surra of money were originally ttipulafed !o be paid on s~c!? day, anythiny in said promissory note o~ in thia Mortgs9e to 1he cont?ary notwithstsnding; and thereupon w thereafter a1 the option of S ssid MORTGAGEE, without IM1iCf w demand, suit st law w in puity, therefore w thereafter begun, may be prosecuted as ~f ~II nwneys secured hereby had matvred priw to its ieutitution. 7. TMt in the event tl?~t at the beginning of or ~t any time pending aoy suit upon this Mwtgage, w to fwetlose it, or to refwm it, o~ to enfwa payment of ~ny claims her~nder, said MORTGAGEE shall apply to the Court having jur~sdiction thereof iw the eppomtment of ~ Receiver, such Couh shall fortliwith appoiM a receive~ of ssid mor~gsged property all ~nd sirguls?, includmg sll and singulsr the i~come, profits, issws and reverwea from whatever wurce de~ived, e~ch and every of which, it being expressly understood, is lureby mwtgaged u if spccifiully sN fwth and desuibed in the granting ~nd habendum ctsuses hereof, and such Receivcr shall have all the b?oad and effective funcuons a~d powcrs in anywise enlrusted by ~ Court to • Receiver, and euch appointment shalt be made by such Court as an admitted equity and a matte~ oi absolute right to said MORTGAGEE, ~nd without reierence to the adequ~cy or in+dequacy of tl» wlue of the property mo.tgaged or to the sowency w insolvency of said MORTGAGOR a the defendants, and that such renrs, profin, income, iuues and revcnves shall be applied by s~rch Rcceiver accwdir~g to the lien w equity of said MORTGAGEE and ~he practice of such Court, z 0. To duty, promptly and fully perfwm, dischsrge, execute, effect, mmplete, comply with and abide by each aeid every the stipulations, agreemenb, conditioru ~nd coven+nu in s~id promissory note and this mwtgage set forth. 9. That in the event the owne.ship of the mortgaged pre+nises, a any part thereof, become~ vrsted in a person other than the MORTGAGOR, fhe MORTGAGEE, its successws ~nd assigns, may, wi~hovt notice to the MORTGAOR, deal wi~h such successor or succeaso? in interest with reiercnce to this mortgipe and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' liabi~ity here- under or ~pon the debt hereby sec~red. No ssle of the premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE w its iuccessors or assigns and no exrension of the time fw the payment of the c~ebt hereby secured given by Ihe MORTGAGEE or its successors w assigns, shall operate to releas~, d~schar9e, modify chsnge a affecl the originel liao~l~ty of the MORTGAGOR herein, either in whole a Fn put. 10. It is specifically agreed that time is of the essence of this contract ~nd that no waiver of any obligation hereunder or of the obligaYan se- a.red hereby shall at any time thereafter be held to be a w~iver of the terms hereof a of the instr~menl secured herby. 11. In add~tion to the fwego:ng monthly payments of prirK pDl and interest required by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirionsl sum est~mated by mortgagee to be equal to 1/12 of fhe annual cost of the follow- ~ng: A-All real property taxes kvied or assessed against the above described real estate. , 8-Prem~ums on fire and windstorm insurante as herein requ~red ro be carried on the improveme~ts situate on the above described premises. ; C-Premiums on such mortgage gu~ranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgsgee shall irom time fo time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of ihe neat monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of s change in such amount. Such sums shall be applied by mortgagee toward the paymenf of real property taxes, insurartce prem:ums, and mortgage guaranty insurance premiums. i IN WITNESS EREOF, t said RTGAGOR has hereunto set his hand and seal the day and year firsf aforasaid Sta i preance of: ' E ~ ! ~ sq i i " (Seaq ` E P~.~. ~ s_~ ~ t rx,q i ~ ~ $TATE OF FIORIDA 1 COUNTY OF St. L.L1Cle i S5. ~ ~ Alvin Neerdt ~ e~ra.e ~.«,+uy .~.~.~d .~d ~ Eileen H. F~eerdt his wife, to me well k~wwn and known to me to k» ihe individwl~ dexrib~d in ~nd wia •xecuted tht fore9oirg instrument, ~nd acknowledged before me that they executed the same for the purpose~ g Il~ereifl.xa.s.ed. Md tM s+~ Ei~leen Fi. Heerdt Alvin Heerdt - wi1~ of IM aid ~ vpon a separatt +nd priv~t~ ~ e,~mination by m~ t~k~r? ~ep~rate and apert from her said husband, ~ckrawledpcd to and before mt tMt she executed said instrument freely ~nd volu~ ~ r~r~{y and w~rho~rt ~ryr compulsion, constraint, appreF»~s f~u of o~ from ha ~aid huiband. WITNESS my hand a~d official ~eal thi day of ~ Ch o. ~9 68 : FILED AND RECORO~,~m ision ~xp•uer. ,p 5~/~ o~~br~da at lu~ ~ a.~~.~ to: ST. LUCIE COU~JTY. A. , ~ iint f.d...) s.vinp, a lo.n As,«~.ron ^ r` ~ ` ~ - p1 ~o+t P.e•ce MOTAAY WiUC. iiAtE Yi flilit++~A w~ • - ' co~t p~e.ce_ F~«~d. MY COMMISSION EXPIRES OCT. 1T, lr. A. 'w~ ---w I~ ~ IO •OMD<D TM110U6M IRt• w. OI~~YtlM011~t X: V I~wYi . ~ This instrum lf 533~3 ~ . 'A _ ~ = ~ ent prepared b1? : ~ ~ - s ~ • first Feder~ Sav. b loan Assn. ~LcRK CtRCUiT COURT ~ i rt 'erce ~ . Bl? ~ ~ ~ : „A # eo~K w~~~~ 5--~ : ~ ~~,r " ~ ~c.~ ' _ ~ z ~ : y`~~~~~M