The URL can be used to link to this page

Home My WebLink About0079 ' 1 ~ 3. To plac~ ~nd ca+tinw~sly kNp on tM buildings now a FareaftN ~itu+t~ on said I~nd and a+ atl ey;ripm~nt ~nd p~nor?atty co~...d by rna+p~ ~gs, wi~h ~il prtmiu~ the~eon pa~d in fu~b (ire insur~nce in the v~ual u~ndard policy form, ~n a iwn +pprov~d by thi MORTGAGEE. ~~+d windttwm iniuru~c~ tn tM viw) ~tandud polky fart1, in • ium ap~ov~d by tM MORTGAGEE; in such tanpa~y o~ comP+^~~s +s tF» MORTGAGfE may ~~r:~-~p snd sit iirs ~..:3 ~t:::.-t~:- '++sussnc~ polic~es on any of aid buildinps. ~ny int~r~~t tF?erein or paM tharsof. M tlN a99rey~1~ tum afq~saW q In ~xcta th~r~oi. sMll cont~in 1M utual st~nda~d mortyspN cisus~ w such other claus~ +s tM Mo?ty~y~s may rpuirt. m+klnp tM loss under uid pol~ ci~~, ~ach and ewry, payabN ro said MORTCsAGEE as its interest may spp~sr, and each and ~v~ry uch p~.licy shall be prompNy ~u:9ned and delivered to any MW by aid MORTGAGEE as fv~tha sccvriry to wid morty+9~ d~bt, ~nd, no~ tes~ tMn ten (IOI~Ys advance of tM ~xpintia+ of eash policy, ro d~ : I~v~~ to taid MORTGAGEE • r~newal ther~of, to~~tMr with • receipt fw tAe p~~mium ot wch r~newa~; snd ther~ shall M no fire w windstam intur~nc~ pl~ud on ~ny of said b~ildinps, any interett tFwretn a part therwf, unleu in il?~ fonn'and with the loss p+Yabt~ as afons~id: and io tM event any sum ~u of mor~y becomM p+Yabt~ w~d~r such Po1itN a Policies taid MORTGAGEE shall Mw tM option ro roceive and ~ppty ths sun~ on +ccw?nt o1 tM indebted- neu Hcynd hsr~by a b petmit s~id MORTGAGORS fo rettive ~nd vu it a aey part thertof for other pu.pose3. without thereb/ waiving or impair- , iny any pviry, li~n ar ripM w+der a by virtw of this morty~st and in t}N ~vent said MORTGAiaORS sN•11 fa any reawn fail to keep the s~id premiies w in:ured. or f~11 to deliwr pranptly ~ny of iaid polities of inswsnu fo s~id MORTGAGEE, ot fail promptly fo pay fully any premium therefor p i~ anY re~pect f~il b perforeq, dischu~, ~xecut~, ~ffect, compl~t~, comply w~rh end abid~ by this covensnt, a iny pan hereof, said MORTGAGEE may place and pay fw wch ie?wr~ w My p+rt thereof witFaut walvinp w ~ffectinp sny opY~on, li~n, puity, w riphl v~ w by virtw of this Mwtp~e, and th~ full ~mount of ~ach snd ~wry wd~ p+Ymeat sM+~~ b~ ~^""~d'+tety dw +nd p+yabl~ and ah~ll bea~ interes~ from tM dat~ tMreof vntil paid st ri» rat~ oi n;~e pK cent~m pN ~nnum and tog~the? with such intereit iMll be ~acurod by tM lis~ of this mo~t9ape. I. To p~rmit, oanmit a suffa no wut~. Impairmenf a detaiastion of said properry or ~ny p+r1 thereof. S. To pay all and sirpvlar the•co:ts, charges +nd expenses. incl~rJirg a reaionabk attorney's fee and cosn of ~bstracts of titte, incurred a paid at eny time by said MORTGAGEE, becaus! or in the ewnt of the fsiluro on tt?~ paN of tM saw MORTGAGOR to dulY. Promptly si+d fully perfwm, d~scMrgs, ezecut~, ~ifsd, tomplete, comply with and abide by each and every tl+e stipulatans, preements, conditia~s, and tovensnn of said promissory ~ote and this mort9a~Q My O? lithlf. and uu! cosn, chirges and expen~es. e+ch e~d avery, iMll bs immediaroly .l~s u+d p~y~ble: whether or not the~e be notice d~ mand, attempt to tollett or wit p~~d~ng; and tha fvU a.^.ww+~ of .~b s~d .v~ry wcl+ p+vmen~ sF?~II bear intereit from the date thereof until paid at the rare of nirK per cee~him per annum; and all said cdsts, chsrget and ezpenKS incu~red w paid, topether with such i~ter~sl, sMll bt s~cured by the lien of thq morty~. . b. Tfiat ja) in the event of ~ny bread+ of this Mortg+g~ or defwlt on the part of the MORTGnGOR, w(b) in the event ~ny of s~id sums of money hercin referred ro be not p?omptiy and fully paid within thirty (30) days next afte? the same sevaally become due ~nd payable, without demsnd a notice, or in the ~wnt each snd every the stipulatio~s, agreerr?enn, conditions and tovenants of sa~d promiuwy no~e ~nd thu mwt9age anY o~ either ar~ no1 iuly, promptly and fully performed, d~scharqed, executed, ~ffected, completed, complied with and a6ided by, then in either w eny s~?ch ~ve~t 1M said ag pregste wm ment'aned in said p?omiuo?y note then remaininy unpaid, with inte~est scuued. and all moneys setured hereby, sMll become dw and pay- abfe fwthwirh. w theresfter, at the option of said MOR7GAGEE, ~s fully and completely as ii all of the said wms of money wsr. o~iginally ttipul~ted to be paid on svth day, anything in said promissory ~ote w in this Mortgsge to the con~rary norwithstanding: and the~eupon a thercafter at the option of said MORTGAGEE, without notice o~ dsmsnd, suil at law w in eqviry, therdore or theresfter beg~n, may be pros~tuled as if all moneys tecured hereby had rtwtured prior fo its instiNtion. 7. That in tht event that at fhe beginning of a at ~ny time pending aoy suit upon this Mortgage, or to fwetlose it, w to refwm it, a to enforct payment of eny claims herev~der, said MORTGAGEE shall.apply to the Court having lunsdkt;on thereof fo? the appo~ntment of ~ Receiver, such CouM shall fwtFiwith appoint a receiver of said mortyaged property all and singular, includ~ng all and singulu the income, Qrofits, iuues and revenues from whatever wurce derived, each and ~very of wliKh, it being exp?euly undcrstood, is her-by mortgaged as if apeufically set forth ~nd destribed in the g.snting and habendum dauses hereof, and such Receiver shall have all the broad and effective fvnd~ons and powers in anywise entrusted by a Court to a Receiver, and s~ch sppointrrKnt sMll be msde by such Court as ~n admitted equity and a matter of absolute right to iaid MORTGAGEE, ~nd wiihout reference to the edeq~~cy w inadequacy of the vslue of the pioperty mortgsged -w to the wivency or insolvency of sjid MORTGAGOR or the defendants, and thst such rems, profin, intome, iuues and revenues shall be apptied by such Reteivcr accordin9 to the lien o? eqvity of said MORTGAGEE and the pndite of such ~.ouri. 8. To duly, promptty and fully perfwm, diuhsrge, execute, effect, complde, comply with and abida by each and evcry the stipulations, ~yreemc~ts, cor:ditaro snd coven~ms ~n wid promisso?y note and thn mortgsge ut forth. 9. That in the event the ownership of the mortgaged p?emises, or sny part thereof, become~ vested in a penon other than the MORTGAGOR, tM MORTGAGEE, Hs successors and auigns, may, without ratice to the MORTGAOR, deal with such successor ot successor in Enterest with reference to this morlgaye and the debt hereby setured in the same manne+ as with Mwtgsgor without in sny way yitiating p discharging fhe Mortgagon' liability here. under a ~pon the debt hereby secured. No sale of the prcmises Ixreby mwtgaged and ~o fwbearance on the parl of the MORTGAGEE or its iuccessors or assig~n snd no extension of the time for the payment of the debt hereby secured grven by the AhORTGAGEE w iti succesw~s or us~gns, fhall ope~ats ro release, discMr9e, modify change or affect the original liability of the MORTGAGOR herein, either i~~whde a in p~rf. 10. N is specifically agreed that time is of the esunce of this contrsd and that no waive? of any'cbligaYao hereunder w of tM obligation sa c~red hereby shall at any time fhereafter be F+eld to be a waiver of the terms hereof w of the instrument secvred herby. n addition to the fore~o:ng monthly paymeMS of prir!~ pD~ and inferest rcquired by the promissory no?e secured hereby, mortgagor cove ts and agrees to ortgagee with each monthly payment an add~~ionel sum estimated by mortgagee to be equsl to 1/12 of the annual cost of ollow- ing: A-All real property taxes kv~ed a ass ainst the above described real estate. B-Premiums on fire and windstorm insurance as hcrein be carried on the improve ' a e on the above desuibed premises. C-Premiums on such mo?tgage guaranty insurance as mortgagee shall y deem fit to carry on the loan secvred hereby. Mortgsgee shall from time to time notify mort amount due and paya e and such sum shall thereupon be due and i payable on the dve date of the next ment and exh successive month thereafter until mortgagee shall noh e in wch amount. Such sum mortgagee toward the paymeM of real property taxes, insurance prem:vms, snd mortgage guaraMy insu i ~ • ~ ~ N WITNE55 WH ~ the said MORTGAGOR has hereunto set his hand and seal the dav a~d year first sforesaid. , ~ ~ Siyn~d, ~ealRd iver in the~resence of: ' ~IIJ O~~ re..q ~ •q ~ ' ' ~n i i ! B a. Q"'_'_'~ s0 ? ~ ~ i ~ ~ STATE Of FIORIDA 3 courm oF St. Lucie t ~ ~ ~ ; before me peraonslly sppeared Bernice Pee les Paulk formerl known as Bernice Pee les gae~~dult ~ Eddie S. Paulk, her husband an ran in . ri an erie . arris h' ~ ~ to me we~ raw~ a„d known to me to~bs ~§f e r~ rhe indvidwls deuribed in ~nd who executed the foregang ir?strument, and acknawledged befwe me thst they ezecuted the same fu ti+e purposes ~ t herein expr e s s e d. M d t h e sa° d B e r n i c e P e ep l e s P a u l k, w i f e o f ~ h e s a i d E d d i e B. P a u l k, an d " apa~pqqp/ • • • • • • upon a separate and priv~t~ ~ examinatan by me taken ~eparate and apart from id husbandSatknowledged to and befwe me tMt 1hej71executed said instrumeM freely and volun- rarity and without arpr compulsion, constraint, apprehension, feu of or fmm~e~said husband~, ~ WRNESS my h~nd ~nd official seal thi~ day of Mar ~ p 19 68 G ;i Notary Pub~' n end fw the Sute of florida at lsrye ~ My Commis expira: ~ ` /9 7~ ' i FiM fedewl Savings 6 toan Assotiation Ndaiy PU~K. Itate oI Aonda at Larq~ f pf Fwt Pierce. : . . . • : ; . ~ ~ ~~iS1011 ti~~ ~9• 6. ~9~ . r ~,.d.a F~. a cw.b c+~ ~ Fort Pierce, Flwids . .'~h, ~ ~ _ ~ ~i ' ~ • - ' ' ~ FIlEO AND RECORDED' ~ - " ~ ~ ST. LllCiE COU~:TY, FLA. ~ - ~ _ _ . ~ ' ~ J • ~ ~ . . . , . ~ r ~ This instrument prepared by ' ° : = ~ . js Jr~4 ~ First federal Sav. & Loan Assn. f = ~ ~ '68 ~ ~ ~ ~ , t~~R 22 A~I 10 : 27 ~ o fort Pi . - t,~ . . ~ ~ By ~ ~ ~ ~~~)f ~ n..~ ~ 0 R ' ~Rr'CIRCUtT COURT ~ t - . gooK 1 PACE 79 , ~ ~ , ~ _ _ . _._r' . _ _ . _ ~r-; l '3~l l w _ f ' Y ~ _ ~.,a,r.. ~ - ~ _ ".-k= . . , ~ _ ' _ . "