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Home My WebLink About0081 To plac~ ~nd continuovily kNp o~ tM buildi~ps now or he*esftN sitwte on iaid land and on ~I~ equipm~nt ~nd pKSOna!iy covK~d b1? lhjs ^+ap' ay~, with ali premwrtA 1Mreon p+~d in full, iire i~surant~ in the usval sundard polity form, ~n a sum approv~d by tM MORTGAGEE, ~nd windttwm in~uraoc~ in tM uiwl st~ndard policy fan~, in • ~um approved by tM MORTGAGEE, in such company o~ tompan~~s +t th~ MORTGAGEE ~n+y d'u~ctt ~~d ~II fin and wiodslorm iniur~na policie~ on any of s~id buildinps, ~ny in~ere~t therein o~ p+rt th~rwt. 1f1 t~M ~?09i1~ Wm ~fOtfNW Of In ~xcNS 1Mr~of, sMll contain tM wval itandxd mortgs~N cl~~u o~ iuch other clavse +s tM MatgsgN may requ~n, makinp tM los~ unde~ said poll~ ciy, ~sch and ~very, p+yabl~ ro aid MORTGAGEE ~s in Interest may ~ppsar, ~nd each end eve~y a~ch policy shall b~ prompe~Y ~u~9^~d +"d d~~'ve~ed ~o any MW by s+id MORiGAGEE a~ fwlha ~scv~lty to s+id matpsp~ debt, and, not leu tMn ten (10) days in ~dvance of tM exptr~tion of ~ach polity, to d~- livK to wid MORiGAGEE a renewa) tharMf, top~tF~ with a teceipt fw the premivm of :uch ~enewalJ ~nd Iher~ sF+~ll bt no fi?~ a windstam inw~ant~ pl~pd on ~ny of s+id buildingi. any i~terest therein or part tM?eof, unleu in ~h~ form'~nd with tM lou p+Yable ss afatHidt +~+d in 1M event a~y sw~ of mon~y beca~+~s payable under such policy w policie~ said MORTGAGEE ihall Mw tM option ~o ~eceiw and spply tM s~m~ on accow?1 0~ tM ind~bted- neu a~cvnd henby w ro permit said MORTGAGORS to receive and us~ it a any part rhe~eof to. ori+e? purposes, w~~hovt Ihereb~ waiviny or ~mpair- irg any puity, li~n or ripht ~nder o~ by virtue of this morlype; ~~d in ~he event aid MORTGAGORS sh+ll fw any r~awn fail to ke~p tl+~ said pr~mises io insured. or fai) to deliver promptly ~~y of said policiq of iniunnts to said MORTGAGEE. or fail promptly to pay fully ~ny premium ther~fw a in ~nY r~ipect fail w pafare~, diuhsrge, execute, effect, complet~, comply with ~nd ~bid~ by this cove~anL a any part Mrwf, uid MORTGAGEE may pl~ce and paY fw such lnsuranc~ or ~ny p+?t thereof without wahinp a iffecti~p ~ny option, lien, aqv~ty. a ~iph1 ~ndN w by vinw of thif Mort~ay~. and the full amovnt oi ~ath and ewry wth paYment shall bt irnmediately dw ~~d ~.ayabk and sMll btu inferest from tM dat~ thtreof ~ntil paid M th~ ~att ol nine per centum pa ~nnum and together with sucA interest shall be ietured by /M lie~ of this mat9s~e. 4. To permit, oomnut a suffer no wast~, lmPivment « dereraratan of ss~d P?ope.~y o. any p+N rherwf. ~ 5. To p+y ~II a~d siegulu thesost~, charqes and ~xpenses, iexludinp a reasonable attorney's fee a~d cosb of abitr~cts of titls, incvrred or p~id at ~ any tlme by said MORTCaAGEE, b~taus! ot i~ the evtnt of tM failure on the p+h of tM tsid MORTGAGOR M duly, promptly ~nd fu11y perform, d~xhar9R ' e:ecvte, ~ffect, oomplet~, comply with and abide by each and every the sY~pul~tions, ayreemenn. conditions, ~~d cowa+nK of s+id promiuay not~ and thii mortyaps aMr or either, snd said custs, ch+rges and expentes. each and every, shsll b~ immedi~tely dus +nd p+yable: whNher w not ther~ be rwtic6 de mand, attempt to colktt w wit pMding; and the full ~naunt of esch ~nd every wth psymsnt shall bear interest from the d~t~ thereof v~til pa~d at the rate of nins per centum per annum; snd ~II said ccsts, char~es ~nd expenses incurred or paid, Io~Nher with svch inttrpt, shall M Ntwed by tM lien of this mort~pe. a, 71at in the event of any breach of th~s Matgsye w defsult on tM part of the MORTGAGOR, or (b) in the event ~ny of said s~n+s of mor~y herein refe?red to be not promptly snd fully psid~within fhirty (30) days ~ext af~er the same sever~lly become due ar?d payabl~. without dem~nd o~ notice, or in the eveM each ~nd every the stipulations, +greemenri, taxlitions snd covenants of sald promiuory note and this mortpa~e any or either are no1 iuly, promptly and fully perfwmed, d~scharped, execured, effbcted, completed, compl~ed with and ab~ded Sy, tMn in eith~r a any such ~wnt tM aid ap~ prea+:~ sum mentionad in said promissory note then remaining unpaid, with interest attrutd, and alI moneys set~red heteby, :h~ll betomt dw and p~y- able forthwith, or thereafter, a1 the opYron of said MORTGAGEE, as fully and complNely a: if all of the said wms of money were oriyin~lly stipulsted to be paid on such day, anything in ssid promiuory note w in this Mortgage to the ca+trary notwithstanding; and thereupon a thereafter at the option of :-'a !~!~RTGAGEE, withovt notice or demand, suit at law a in eqvity, therefore or thereaf:er beyun, may be prosecuted ~s if all moneyt secvr~d hereby had rtutured ptiw to its institufion. 7. That m the event thst at tF~e begi~nin9 of w st ~ny time pending soy suit ~pon this Mortgage, or w fweclose it, w to refwm it, or to enfores paymer?t of any claims htrevnde~, said MORIGAGEE shsll apply to the Court having lurisd~aion thereof fw +he appo~ntment of ~ Receiver, wch Cour1 sMll fortFiwith ~ppoint ~ receiver of said mortgaged property all ~nd singul~r, includ~ng all and singular the income, profiti, iuues and revenues from whatever source derived, esch and every of which, it bei~g expreuly understood, is hercby mortgsged ss if specifically set forth and described in 1F?e pranting and habendum clavses hereof, and such Receiver shall Mve all the broad and effective funct~ons and powen in anywise entrvsted by a Court to a Receiver, ~nd such sppointment shall be made by such Court as sn admitted eq~ity and a matta of absolute rigM to said MORTGAGEE. ~nd without refere~ce to the adeq~scy w in+deqvaty of the valve of the {xoperty mortgaged w to the sotvency w insolvency of said MORTGAGOR or the deferedants, and th~t such renrs, profin, incane, iuues and revenues shall be appl~ed by :uch Receiver accord~np to the lien w eqvity of said MORTGAGEE and the practice of wch Cw?rt. , 8. To duly, promptly ~nd iully perform, dixharge, e:ecute, effcct, mmplete, comply with and abide by each and every the stipulatioas, agreemenb, i condif'ans u+d coven+nts in said promiuory note and tha mortgsge ut fo?th. 9. Thst in the event the owrxrship of the mortgaged premises, or any part thereof, becomes vested in a person Wher than tlx MORTC,AGOR, the MORTGAGEE, its succeaw?s and suigns, may, wi+hout rwrice to the MORTGAOR, dcal with such wccessor w successw in inferest with reference ~o this mortysge ~nd the debt hertby setured in the same manne+ as with Mortgsgw without in any way vitiaYug w d~scharg~ny the Morrgs9o~s' li~bility Mra under or upon the debt hereby secured. No sale of the premius hereby mw~gaged and no fwbearsnce oe+ the part of tha MORTGAGEE w its tucoessors : or ~uigns and no extension of the t:me fw the payment of the debt hereby secured given by the MORTGAGEE o~ its succEsson or assigns, ihall operate ~ io rekase, discharye, modify change or afiect tF+e original liabiliry of the MORTGAGOR herein, eitlK: in whde o~ in p~n. ~ 4 10. It is spccificaUy agreed that time is of the eucnce of this contract and tMt no waiver of any obtigsYan hereunekr or of the obliy~tan se- ~ n.red hereby shall at any time lhereafta be held to be a waiver of the terms hereof or of the instrumeM secured he?by. 11. In addition to the fwego:ng monthly payments of princ'pD~ and interest required by the promissory note secu~ed hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow-' ing: A-All real property taxes kvied w assessed against the above described real estate. B-Premiums on fire and windst«m insurance as herein requ~red to be carcied on tF~e improvements :ituate on the above described premises. C-Premiums on such mortgage gua~anty insurar,ce as mortgagee shall #rom t~me to time deem fit to carry on the loan setured F+ereby. Mortgsgee shall from tirne to time notify mortgagor i~ wri~ing of the amoum due and payable Fxreunder and such aum shall thereupon be due and I paysble on the due date of tho rtext monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such ; amount. Such sums shall be applied by mortgsgee toward the payment of real property taxes, insurance premiums, and mortgage guaranty insurance ~ premivm~. IN WITNE55 WHE~t , the ssid iJi0~2iGAGOR F~as hereunto ut his hand and seal the day and rear first aforesaid. Sip Sea deliver i presence of: . ~ +4 ~ aq ~ ~'K~ ~ Seaq F / JGa~ STATE OF FLORIDA t COUNTY OF St. LL1Cle i S5. sefore me person+ny.ppearea Kennetb A Dixon an~ .leff ie ~ie Dixon his wife, to me weu known .wd.Jrww:.lb.ir~.~is b. + the individwls desttibed in and who executed the fwegoing instrument, and sckrawledged befwe me that they execute~ ihe,~ta~ne for p~rrybses ~ therein exp?essed. And ttw sa' Jeff ie Stle Dixon ~ `r { Kennett~~~~A. Dixon ~ " ~ ` ~ wife ot tfis said vpon ate~,~nd prhrat~ ~ examinaYwr? by me taken sepa?ate snd spart from her said hutband, ~cknowledged b and befo~e rn~ that she executed srid iniw~nt sel~imd:volvn~ ~ rarily and withart aryr compulsion, constraint, apprehcnsion, w fear of w frpm her ssid ~usbsrsd: ' - H WITNESS my hand and official ~eal this day of rch A.~D.•14 ~ , • ~ Notary Public in sr+d fa the State of Fbrida at Lar~ ~ ~ My Commission sxpirea: ~ Retvrn ta ~ Fint Federal Savings 3 Loan ~.«~a~~o~ FILEO AND RECORDED ~ ~ Of Fwt v~erce. ST. LUCIE COUP~TY, FLA ~T~r ~~oU~" iTATE OF iL0Yl0A AT UNCE ~ Fo?t Pierce. Flwida {?~~^r~,r, ,,~;;r~.r~ 'MNDCOMMROUI6ONFEXPDIR~.9OCElTEIMORfT ~ " 165448 ~ '68 MAR 22 AM !0 : 26 ~ ~ ~ This instrument prepared by r First Federal Sav. & Loan Assn. O I T R.. S ~ CLERK CIRCUIT COURT ± f Pierc , ~ By_ o e ~ BOOK 1 I 1 PACE ~1. ~ , ~ }-'C~ ~ 4~ - - - - - - , _ ~~s~~;~