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Home My WebLink About3000 To plx~ and continuously ke~p on the buildirgs ~ow w hereaf~er situ~t~ on sa~d land +nd on all equipmenf and p~non~lly cov~red by th~s mo?t~ sge, with ifl prtmiurtlf thereon p~~d in full, lire insuronce in the utu~l standard policy form, ~n ~ suin ~pproved by the MORTGAGEE, ~nd wi~+dttorm in~ur~nu in tM usual il~ndard policy fam, in • sum approved by the MORTGAGEE, in such comp~ny or compania ss tM MORTGAvEE may d~r~dp ~nd all fir~ and w~ndstorm insu~ance poliue~ on +nY of ssid build~ngs, ~ny inlerest the~e~n ot part Ihereof, ie? t!~ ~y~egat~ sum afw~taid w ln ~aceu Ihereoi, tMll conlain the usual sta~dard maigagee clause w such o~her claus~ ai the Morty~ges may requir~, ma?inp tM losl w+de~ ~+~d poli~ cis~, ~ach ~nd every, p~yable to i+id MORTGAGEE +s ifs interest may appaar, and each and every iuch policy shall be p~ompHy au:g~ed end delive~ed ~o any held by said MORTGAGEE as turther aecurity to said mortyage debt, and, not leu than ten l10) dayi in advsnce of the exptratia? of e~ch policy, to d~- I~ver to taid MORTGA6EE a ro~ewal thercof, toyether with ~ receipl fw the prsmium of such ?enewal; and there shall be no fire o? windsto~m iniuranc~ pl~ad on ~ny of taid buildi~?gs, •ny intereat therein w put thereof, unless i~ the fonri snd with the loss payable as aforesaid; and in tM evenl ~ny sum of mon~y b~comet pay+ble ~nder iuch poliq or policies said MORTGAGEE ihall hsvs the optio~ ~o rece3ve and apply tl+e s+me on +ccoum o~ tha indebted~ neu seNred hersby w lo permit said MORTGACiORS to receive and ute it w any pa~1 thereof for othcr purposes, without ~h?reb/ w5ivi~~g or ~mpair- ing any eq~~ty. liee~ o~ riyht under o~ by virtus of this mortyige; and in IM ~vent sa~d MORTGAGAR.S shsll fw any reason fsil to keep the :a~d premtses so insured, or fail to deliver prompsly ~~y of said policies of insursncs to sald MORTGAGEE, or fail promptly ~o pay fully any premium therefw w in a~y ~espect fail ro pe~fum, discharge, execute, e((ect, complete, comply with ~nd ab~ds by this tovenant, w any part hereof, said MORTGAGEE may pl~ce and pay fa ~uch lnsuranc~ w ~ny part thereof without walv~~g or affectirg ~ny op~ion, licn, eqvity, or ~ighr under or by virtw of thii Matya9e, and the futl amo~nt of each ~nd every iuch paymeM sh~ll bs immedi+telY due +nd payable +nd shall be:: interest from the date thereof until pa~d a~ th~ rat~ ol nine pe? ce+~tum per ~nnum and to~etht? with sutA interest shsll be secured by tht lien of this fnortgsge. 1. To p~rmi~, commit or suffer no waste, impairment or deteriwation of said property ot any p~A thereof. 5. To psy sll and singula? the tosts, charges snd expenses, includinp a reasonable attorney's fea and costs of abstracts of title, incvrred o~ paid at eny time by said MORTGAGEE, becaus! or in the event of the failure on the part of the said MORTGAGOR to d~ty, prompNy and fvlly perform, d~scharge. execute, etfect, complete, comply with and abide by each ~nd every the stipulations, agreerrKnts, :.mditions. and covenants o( said promissory note ant~ this mortgape any Or tilhe?, and sa~d costs, cMrges and expenses, eacl+ and every, shall be immediately due and p+yable; whether w not there be notice dr mand, attempt to collect or suit pending; and the full amount of each and every tuch payment shall bca~ interest from the date thereof uNil paid at tht rate of nine per ccntum per arniurn; and all said costs, charges and expenus inturred or paid, togelher with suth interest, thall be secured by 1M lien of thii morty~ye. e. That (a) in The event of any Meach of this Mwtgage or default on the paA of the MORTGAGOR, or (b) in the eve~t any of sa~d svms of money herein referred to be not promptly and fully paid wifhin thirty (30) dsys next after the same severatly become due and payable, without demand w notice, or (c) in the evs~t each and eve~y the stipulations, a9reements, cond~tions and tove~snts of sa~d ~~omissory note and th;s mortgage any w either ars no1 iuly, p?omptly and fully perfwmed, d~xharged, executed, eifected, completed, complied with and abided by, then in either or any such eveM the said a¢ pregat~ sum mentioned in taid promissory note then remaining unpaid, with i~tvest accrued, and atl moneys setured hcrrby, shall bKOme due and pay- ; eble fathwilh, w tfiereafter, at the option of said MORTGAGEE, as fully +nd completety as if all of the said sums of money were wginally itipulated to be paid on s~th day, anythirg in ssid promisswy note or in this Mwtgage to the contrary notwithstanding; and thcreupon or thereaffe~ at the option of sa~d MORTGAGEE, without notice or demand, suit at ~aa w in equity, therc(we or thereaftcr begun, may be proxc~ted as if all moneys secured hereby had matured priw to its institution. 7. That in the event ihat at the beginntng of or at any time pendirg aoy suit upon this Mortgsge, a to fweclose it, w to refwm it, or to enforce paymtnt of sny claims hereunder, said MORTGAGEE shall apply to the Coun having jurisd~ction thereo( iw the appo~ntment of ~ Reteivet, tuch Court shall fortFiwith appoint a receiver of uid mwtgaged property all and singular, includ~ng alt and singular the income, profits, issues and revenves from whatever source derived, each and every of whKh, it being expressly understood, is hereby mortgaged as if spec~fically xt fath and described in the granfiny and habendum clauses Ixreof, and such Receiver shali have all the broad and effecrive funct~ons and powers in anyw~se entrusted by a Cou~t to a Receive~, and such appointmenf shall be made by such Court as an admitted equity and a matttr of absotute right to said MORTGAGEE, and without referente to tha edequaq or inadequacy of the value of the properry mor~gaged or to the sonrency or ~nsolvency of said MORTGAGOR a the defendants, and that such renfs, profin, income, issves and revenues shall be applied by such Receiver accord~ny to the lien or equity of wid MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perfwm, discharge, execute, effect, eomplete, comply with and abide by each and every the stipulations, agreements, conditions and covensnts in sa~d promiasory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, w any part thercof, becomes vested in a penon other thsn the MORIGAGOR, the MORTGAGEE, in successors and sssigns, may, without nofice to the MORTGAOR, deal with such successw w successor in interest with reference to this mortgsge and the debl hereby secured in the same manner as with ~Vbrtgagor without in any way vitiating or discharging the Nbrtgagors' liability here- under w upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance an the part of the MORTGAGEE w its successws or aasigns and no extension of the time for the payment of the debt hereby secured given by the MORiGAGEE or its successws a assegns, ahall operate to release, d~scMrge, modify change w affect the orig~nal liab~lity of the AM1ORTGAGOR herein, either in whok w i~ put. 10. It is spedfically agreed that time is of the essence of this consract and that no waiver of any ob~igation hereunder or of the obligatan st c~red hereby shall at any time thereafter be held to be a waiver of the tcrms hereof or of the instrument setured herby. -~l- I1. In add~tion to the fwega:ng monthly payments of princ'ppl and interest required by the promissory nole secyud-#+~Teby, mwtgago~ tovenants and agrees to to mortgagee with each monthly payment an add~rional sum estimated by mo~tgagee to be ~uaF~l2 of the annual cost of the follow- ing: A-AIl rea) p~operty taxes le " or assessed agaiost the above described ~ atl-esT~e. ~ B-Premiums on fire and windstwm ~ herein iequ:reett6 carried on the improvements situate on the above described premise:_ ! C-Premiums on such mwtgage yuuanty fnsurance mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. i Mortgagee shall frpu? eirtie to time notify mortgagor in wr~t~ng mount due and payable hereunder and such sum shall thereupon be due and pay~ble on tFk dUt date of the next moNhly payment and each successive mon ee shall notify mortgagor of a change in such ! amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, an e guaranty insurance j p; emiums. t IN WIT 11pH F, e aid MORTGAGOR has hereunto set his hand a~d seal the day and year first aforeaaid. ? = 5' . Se ive in the presence of: ~ ~ .-C -~,tj~t _ ' O JLc.~ a4 ~ ~ ~ ~ D (Sea4 (Seal) ~ ~ (Seal) ~ _ - f SiATE OF FLORIDA ~ ~ COUNTY OF Saint Lucie ~ ~ K t•: illie Jones Before me penonally appeared snd ~ h lora Jones his wife, to me well known and known to me to be ' - ' ~ the individuals desuibed in and who executed the forcgoing instrument, ar?d acknowledged before me that they exetwed the same for the purposes ~ Flora Jones thrrein expressed. And the said ~ wife ot the said I':11112 Jones vpon a uparate and private ~ examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument frcely and volurr tarily a~d without any compulsion, constraint, apprehen 'on,~r fear of or from her said husband. ~ ~ = WITNESS my hand and official seal this day of i' =Ch _ A. D. 19_SZ$ G' ~c~.R Notary Pub ~c in and fw tF?e State of Florida at large ` My Comm~ssion eapircs: ~ _ ~ ~ Return To: fint Federal Savings 3 loan Associarion • ,,~~pp~~ = Of Fort P~e«e. F~I.ED AND RECQR~y PU~UC, czpJ,~ OF F~ORItU IET,~1~lE ~T. LUCfE C~U~~TY on~+n,~ssc;;~a: .,~~,~s n;o~c ~s6 ~t•. ~ Fort Pierce, Florida ^ ~ IMltyyy„ F H~ v • nr- . - D rr_ arE~ats~NSi ` ' - ~ 1653'7g ; f.~ _ - ~ - This instrument '68 ~f~~4 Z 0 PF1 !2 ' 2 I ~ . : - - pfCp2rn~ • . - ^ _ First Federa~ Sav. & loan ~ . ~ ~ • ~ : . ; - BY Par e Pierce CLE~K CIR :~~J • $ _ , CUIT COURT ~ ° ; (1 R ~ M' ~D 298f t BOOK ~ PAGE ~ - ck ; _ - - ~ ~ : ~ ~ . ~ _