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Home My WebLink About2998 To plac~ and continvovily k~~p on ~he buildings now a herea(~er ~itw~~ on s~~d land and on all equipme~t and personally cowrtd by thi~ mat¢ sg~, with all premiu~f thereon pa~d in fuil, fire insurance in the ufusl ~t+ndard polity fam. ~n a sum approved by the MOR~GAGEE, and wind~tam insur~nce in tM uswl atandard polity fam. in • sum ~pproved by tAe MORTGAGEE, in s~ch company w comp+nies a ~M N10RTGAGEE may d~nc~t and ~II fin and w~nditorm insurance pol~ues on any of isid bvild~ngi, ~ny in~erest therein a p+r~ Ihereof, i~ t?~s ~~yreg~tt tum ~for~Nid or tn ~ace~i ~hereof, tMll contain tF+e ufual s~andud mortga~ee dause w suth other claut~ ~t tM Matpagee may requ~r~, makirg ~he lost ~nda uid polF ciss, tsth ~nd ~very, p~yabl~ ro ti~d MORTGAGEE as its interest msy ~ppaar, and each and eve~y iuch policy ~hall be promptly ~ss:gned and delivertd ~o any held by ~id MORTGAGEE ss iur~htr teturiW 1o s~id mo~tpage debt, and, not les~ ~han ~en (101 days in advance of the expirat~on of each policy, to da livsr ro aid MORTGAGEE • renewal ~hereof, to~ether with a receipt fw the pnmium oi such renewal; and ~here sMll be no fire o? winds~am insurance placed on a~y of said b~ildingi, ~ny i~terat tM+ein a part thereof, u~leu in ~he forin'and with th~ lou p~yable as afwes~id; and in the event any ~um of naMy becomes p+yabte u~der such policy w poliuei said MORTGAGEE sMll have the option to ~eceive and apply the same on +ccount o1 tM ir?debted- nea secvrtd hereby w ro permit iaid MORTGAGORS to receive snd use it w ~ny pa~t thereof (or other purposes, without th~reb~ waivi~,g or ~mpair- ;ny ~ny p~ity, lian o~ right under a by virtue of this n+ortysge; ~nd in tM event taid MORTGAGORS fhall fw any reason faii to kcep ~he isid prcmius so iniured, a fatl to deliver promptly any of uid polKies of insunncs to ssid MORTGAGEE, o~ fail promptly to pay fully any premium the~efor or in ~ny respect fail to pe~form, discharge, execute, effect, complete, comply with ~nd ~bide by this cove~+ant, or any part hcreof. uid MORTGAGEE may ptace and paY for tuth intv~anct a any part thereof without walvinp a ~ifeclinp any option. lien, equity. a rigM unde~ a by virtue of thii Mort9a9e. ~nd the full amoum of sach ~nd eve~y such payment iMll be immediately d~e and psyable and iha11 bea~ interest from the date tFureoi until paid at th~ ra~~ oi nine per centum pe~ ~nnum and ta~ether with tucA interest shall be ucu~ed by the lien of this mw~gsge. 1. To permit, commit or sufter no waste, impsirment w deterioratan of said property w+ny part thereof. S. To pay all and singulu the <ostt, charyes ~nd expe~xs, iecluding a reasonab~e ~norney's fee and costs of abitratts of title, incurred w paid st any time by said MORTCaAGEE, because u in the event of the failure on the part of the asid MORTGAGOR to duly, promptly and fully per(wm, d~scharge, exccute, e(fect, complete, comply w~th and ab:de by esch and every the stipulation~, agreement~, conditions, and covenants o( said p?omissory nose ~nd fhi~ mutg~ge a~y w ei~her, and sa~d costs, chargrf and expen~es, each and evay, ~MI! be immediate~y due and psyable; whether w not thcre be notice d~ msnd, sttsmp• to cotlect a suit pendin3: ard the full ~mount of each and every ttKh payment shatl bear interest from the date thereof until p~id at the raee of nine per centum per annum; and aIl said costs, charges and expenses incurred or paid, togethtr with such interest, shall b~ secured by 1M lien of thi~ mottyaye. 0. That in the event of ~ny breach of this Mwtgage w defauli on the part of the MORTGAGOR, w(b) in the evcnt any of sa~d ivm~ of money herein referred to be not prompny and fully paid within ~h~rty1(30) days next after the same severatly become due and p+yable, without demand w notice, or (c) in ths eveM each and every the stiputations, sgreemeots, cond~tions snd tovenants of sa~d promisiory note snd th~s mortgage any w either are not ~ ~uly, promptly and fully performed, d~xharged, executed, effected, completed, compl~ed with and abided ~iy, 1FKn in either or any such evenl the said ag~ p~egat~ sum mentarud i~ said promiuwy note then remai~ing unpaid, with interest atcrucd, and alI moneys secured hereby, shall betome due and pay- able fo~thwith, w thereafter, at ~he option of sa~d MORTGAGEE, as f~lly and completefy as if all of fhe said sums of money were a~ginally stipulated to be paid on such day, anything in said prom~ssory note or in this Mortgage to the contra~y notwithstanding; and thereupon or thereaite~ at the option of seid MORTGAGEE, without notite o~ demand, suit at law or in equity, therefore w thereafter begun, may be prosecuted as if all moneys setured hereby had matured pno~ to its institution. 7. Thaf in fhs event that at the beg~n~~n9 of or at any time pending aoy sutt upon this Mortgsge, w to fweclose it, w fo refwm it, or to enforce payment of ~ny claims herou~der, said MORTGAGEE shall apply to the ~ourf having jur~sd~ction !hereof fw the appo~ntmen~ of • Receiver, such Cou?t shafl fortFiwith sppoint a receivtr of said mortgaged property sll and singular, includ~ng all and si~gular the in~ome, p~ofits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged as if spec~fically set fath and dexribed in the granting and habendum clauses hereof, and such Receiver shall have aIl the broad and efiect~ve funct~ons and powera in anywise entrusted by a Cou~t to a Receiver, and :~ch appointment shall be made by such Court ai an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the edequacy o~ inadequacy oi the value of the property mo.fgaged or to tlx wtve~cy or insolvency of said MORTGAGOR a the defendaMS, and that such rents, profiri, incane, issues and revenues shall be alpplied by such Reteiver accoeding to the lien w equity of saidMO~~Gf?GEE and the practice of suth CouA. 8. To duly, promptty and fully perform, dixha~ge, exccute, effect, complete, comply w+tfi and abide by eacK and every the stipulations, +greements, conditans and covenants in sa~d promissay note a~d this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomet vested in a person other tF~an the MORTGAGOR, the A10RTGAGEE, its succeuws and au~gns, may, withou~ no~ice to the MORTGAOR, deal wi~h such successor w successw in interes~ w~th reterence to this mortgage and tlx debt hereby setured in the same manner as with Mortgago+ without in any way vitiating p distharging the Mortgagors' liability here- under or upon the debt hereby secured. No safe of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its succeswrs or aasigns and no extensan of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass:gns, shall operate to rekase, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any ob~igat~on hereunder or of the obligation st c~red hereby shall at any time thereafter be held ~o be a waiver of the terms herEOf or of the instroment secured herby. add~tion to the forego:ng monthly payments of prin~ p~l and interest requ~red by the promissory note secured Aereby, mortgagor ants and agrees to p rtgagee with each monthly payment an addi~ional sum estimated by mwtgagee to be equal to 1/12 of the annual the fol!ow- ing: A-All real property taxes levied w against thc above dexri5ed real estate. , B-Premiums on fire and windstorm insurance as u~red to be carricd on vements s~tuate on tF~e above described premises_ C-Premiums on such mwtgage guaranty insurance as mortga to time deem fit to carry on the ban secured hereby. Mwtgagee shall from time to time norify mort writing of the amo~nt due and paya and such sum shall thereupon be due and payable on the due date of th~ next mo ayment and each successive month thereafter urtil mortqagee shall not~ y _a.ch~'~Qe in svcn amount. Such sums ahall be a y mwtgagee toward the payrrKnt of real property taxes, insurance prem:ums, and mortgage guaranty ~n~orance p~;~,; ` IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day ea~ first afwesaid. i j / Siyned, and ed the presence of: ; ~ ~ °4 y , , ac ie a on a sing e ($eal) a u } (Seaq f ( ` /$e01) o~ ~ STATE OF FLORIDA ~ s S5. ~ courrnroF ~aint Lucie h Jac;:ie Cayn~r~, a sinc~le ~clult ~ Before me penonally appeared antf' ~ fiis wiE~, to me well known and known to me to be ~ the individwl~/ dewibed in and who executed the faregoing instrument, and acknowledged before me that 1fie~ executed the same for the purposes ~ rherein expressed. Ilwd~ti~~eid ~ ~ile-of ~he s~id - roCOD~~Rl~+M-awd.privW ~ suerwinoiow aa~r ~w».takw~..a~para~e-s~eperf frenf F+e~ y+id-iw~bawdr ~r»wf~dg~d.ta.awd-befora+as.tMa~ ~he-ew~nM~d-a~ii+nNw~w~n?.k~e{y_aod rok~o- ~ ~iiy-~•witi~or~xy~<a~riprlsiow,-cowsiraiwt.-aPProMnsionr~oFfear-o~~~k~herw" • . Lr • t c1 T C - WITNESS my hand and o(ficisl seal this day of A. D. 19~ Notary Pub~ic end fw the $tate of florida at Large My Commiss expi~es: ~ ~ 9 ~ ~ Return To: " ~ Fint fedenl Ssvings a Loan Associanon - Of Fort P~erce. • ; • ~ ; - ~ dl l~i~ - Fort Pierce. Ftorida .i•i,ti.•~`E.. ..7~`.,'•'~. .•~y w~n~.:ission Fapires Aug. 6. ~97~ . 1v , b.dwlr~..r~c.o6nL~zfi~ ; ; • ~•J • - = " • - FILEO AND RECORDED' ~ a ~ -ST; LUCIE C~U~17Y. FLA. _ ' , ; ~ ~?~_Ct'1%;r`• .~~..,-,~r~ z' - ~ Pr~ . _ . , - ~ : ~ ~ - 1653'7'7 ° ~ ~ ` ~ 2 I ~ ~ -•r'$~~- (~R 20 PM l2 : This instrument prepared by = ~ . ~ First Federal Sav. & loan Assn. - ~ ~ ;~?~`'Cno~t.lc..~t~'~ ~ of Fort Pierce ..~~;,..F ~~~~?P~s ; ~Y .1. Collins ~ R~~U PAGE~~~CU1T COURT c~ ~ _ EOOK ' - ~ ~ , . . - - - - _ ~ e a ~ ~