The URL can be used to link to this page

Home My WebLink About0897 3. To piaa ~nd continuously kNp on ~hc buitdin~ ~a~w or Mre~ftK ~itwn on said lu~d sod ap ~II equipmeot and psrwnally cownd by this map~ p~, w;th pi~miw~ d,~non p~id in full, fire iniur~nc~ in ~he vw+l its~da~d policy form, ~n • sum approv~d by tM MORTGAGEE, +nd wi~twm inw~a~c+ in tM uwsi ~t~nd+rd pol~cy (am, in a wm aFproved by tF+~ MORTGAGEE; ie~ sah comp~ny or companiK as tM MORTGAGEE rnay dindt and ~II fin ar?d wtnda~m insw~na policies on any of said buildinp~„ ~ny inMrest tF~ein w part the~wf, in tM spQre~aa swn afauald a In ucpsi ~Mr~of, ~Iwll contain tM usual sqndud mortps~ cl~vse a svch otMr cl~us~ ~s tM Mo?~9s~es m+Y nquin. en~kinp tM loss undM uid polb cia, ~ach ~nd ~wry. paYabl~ w said MORTGAGEE as iq int~rest may spp~ar, ud sacA and svery i~ch policy shall be promptly us:qnsd snd d~livKed ro ~ny MW b~r wid MORiC:AGEE ~s fwtirr iecv~iry ~o ~id mortya~~ debt, and, not ku tlue tM (10) days in advanc~ of 1M txp'uation of Nth polity, b d? liwr ro s+id MORTGAGEE a r~xw~l thtrwf, toqaMr with a rece~p~ for the premivm of such ~~w~l; snd tF+er~ shall b~ no fi~~ o~ windstorm inwr~nq pl~pd on ~ny of aid b~ildinys. My {f11NNt tMflifl Ot pi~t IMflOI, voleas in tiw fcvm'snd wi~h tM lou p+yabl~ ss atw~saidj +nd in tM •wnt any som of ma»y becorn~s paYable wxlN wch polky a polici~s said ~MORTGAGEE thall Mw tM option to ~eoeiw ~nd ~pp+y tM sam~ on actount o1 tM ind~bted~ Ms~ pcy~~d I~tby q to pKmit s~id MORTGAGORS to ~eCeiw snd us~ i1 or any part thereof fw other purposes, without thxeb~ waivi~~ w impair• inp anY p~ity. lia~ a riqht oada~ a by vinw of this mort9aysr ~nd in ~M went aid MORTGAGORS shall fa ~ny reason fail to keep tM said pr~n?ises w inwred. w fail w d~liver prompty ~ey of said policies of insursew to said MORTGAGEE, or fsil promprly ro pay fuly ~nr pr~miwn tMrefo~ o~ M anr n~p~ct fail b pafann, discl»ry~, execvt~, ~ffact, complett, caeK?ly with and sbid~ by this covenam, o. any part hereof, said MORTGAGEE may plice and paY fw wch inwranc~ w~ny patt thereof without w~lvinp a ~ff~Ninp u~y option, IiM. p~ity. or ~iph~ ~nder a by virtw of thi• 1Nort~ap~, aod tM full amwnt of ~acA ~nd w~*Y wd+ p+Yma» sA+ll b~ immediately dw and qyabl~ ~nd shall besr inter~sl from tM dat~ thaeof until paid a1 tM r~t~ ol n;n~ pN c~ntum pu ~nnvm and to9ethe~ with sucA interat sh~ll be secvred by the liae~of this mort9+y~. 1. To pKmit, aaw++it w suff~r no wuh, ia~pa'ument or deteriwatron of said prope?ry w~+y p+?t therwf. S. To pay alt and iinpular tM.cosq, chupes u~d expenses, includirp a reasonable attwney s fee snd costs of abstracts of titls, incuned or paid st any tu~w by ~aid MORiGAGEE, beuu~ or in tAe ewnt of the failure oo the part of the said MORTGAGOR ro duly, prompNy +nd fully perform, diuh~~gR •xtcvt~. ~ffect, complet~. oomply with and ~b~de by ~ach ~nd every the stipulatiaw. ~gree~nents, conditio~s, ~nd cownsnts of said promiuory noM ~nd thia mo~tQag~ any w ~itFwr. snd sa~d cos». char~es and ~xpernes, euF~ and every. sh~ll bt immediately d~e and p~y~ble; whether a not the~~ b~ notice ds n+and, attempt ro aoll~ct or wit p~nd~rg; uid tM foll ~mount of each ~nd every such payment sh~ll bea? interest ftom the dat~ thereof vntil pa:d ~1 t1+~ rste of nine pe~ centum per ~nnum; ~nd ~II said cdsts, chuges ~nd expenses i~cvrred or paid, top~tFw with ~uch inttrtst, shall b~ Narred bp 1M li~n of thq e. Th~t (a) in the event of aey breach of this 1Nort9aae or default on th~ part of ths MORTCaAGOR, or (b) in tM event any of said swm of monty her~in nfNred ro be not promptly snd fully p~id within thi?ty (30) days ~ext afte~ the same sevcrally become due and p~yable, without demand o~ notice, or (v in ths ~vMt e~d? and wsry the stipulatioea. ~grNments, conJitions snd cove~+nn of sa~d promiuory note ~~d th~s mortpa~e any o~ ~ithN are nol ~uly, p~omptly and f~llty perfwm~d, d~scharped, executed, effected, completed, complied wirh ~nd abided by, then in eithp or any such ~wnt tM ssid ag pr~M wm rr~?tipwd in said promiuay note then remaininy unpaid, with i~terest sccrued. and all maneys secvred hereby. iMlt bacane dw and p+p abl~ forthwi?!y or thereaftef, at tM option of said MORTGAGEE, a~ fully and completely as if atl of the ssid wms of mawy were oripinally ttipulated to be p+id on such day, snythinp in s+id promiuory note w in this Mortyage to the comrary notwithstsnding; and tF~ereupon or thereafter at tM op~ion of uid MORTGAGEE, witAoW notice a demand, wit ~t law a in equity, therefore or thereafta begun, may be prosetuted u if ~II ma~eys s~cwd hareby had m~Wred ptiOr to iq institvtion. 7. TMt in the went th~t at the beginn~ng of a ~t any tims pe~ding aoy suit vpon this Mw{gsge, or ro faeclose H, or ro reform N, w w enforce payment of ~ny clsims herevnder, said MORTGAGEE sMll spply to tF+e Coun havi~+g jur~sdkuon ~hereof fa the sppamment of a Receiver, s~ch Gourt shall fo?tFiwitA sp~w~nt a recciver of wid mort9aged property all and singul~r. includ~ng all and singular the income. p?ofits, iuues u+d revsnws from whatever w~nee derired, ead+ ~nd evcry of which, it beinp txpreuly understood, is hereby mortgage~' u if speciliully set fwfk ~nd de~stribed in the prantinp and Mbandum clavses hereof, ~nd wch Receive? shsll h~ve all the broad and effective furxt~ons and powert in anywise eotrusted by s Court to a Receiva, ~nd tuch appointment ihall be made by wch Covrt as an admitred eqvity and s msltes of absolute right to_ ssid MORTGAGEE, snd without refere~ce to ihe ~dpuscy a in~dequ+cy of the value of the propcrry mortgaged or to ti+e solvency w insolvency of said MORTGAGOR a the defendan», and that svch renq, _ profiri, intome, iuues and revenues shall be applied by suth Receiver accwdinp to the lien w puity of said MORTGAGEE and the prattite of suth Court. 8. To d~ly, pranptly ~nd fully perfwrp, dixMrge, execute, effect, complete, comply with ~nd sbide by each and every tM stip~lations, agreementt, conditions and coveoants in said promissory note and this mortgsge set fwth. 9. TA~t in tl» event tAS ownersAip of ine mortgsged prcmises, a any part thereof, becomes vested in a perwn ofhe~ fhsn the MORTGAGOR, th~ MORTGAGEE, iri wttesson'~nd auigm, msy, withoul nof~te to the MORTGAOR, dcal with such succtssw or sutcessw ie interett with referente b thi~ mwlpape and the debl hereby setwed in the same manner as with Mortgaga without in any way vitiating er distharging the Mortpagori li~bility h~ra under w upon fhe debt hereby secured. No s~le of the premixs hereby mwtgs9ed and no fabcarance on the pan of the MORTGAGEE or iri successon o~ usigro and no extensan of tF+e time fw the p+yme~t of the debt hereby secured given by the MORTGAGEE or ib successon or asi~gns, shall operatt ro nleas~, di~cMrpe, tewdify th~nge w a(fett the origir?al liab~liry of the MORTGAGOR hereiry either in whok or in put.~ 10. It is spedfically aQreed that time is of the euence of this contrsct and that no waiver of any obligation hereunder or of the obl(patan se- a.nd hereby shall ~t ~ny tune ti?e~eafier be held to be a w~iver of tlx terms hereof w of the instrvmcM secured herby. • i ~ - s,.. __.~„r _ .tr 's and ~yr ay to mortgagee with each monthly paymcnt an ~ddirionat s~m est~msted by mwtgagee to be equel to 1/12 of the annual cost of the follow- irg: . . . , A-All fN) PfOPNt~I tiXK kvied o~ ' t the above desuibed real estate. ' B-Premiums on fire snd windilwm inswante as herei~ requ~ ied on the improverrK.~ts situate on the above described premiies. C-Premivms on such mortgage guaronty insurance as mortgagee shall from time to "t to carry on the loan secured hereby. Mortysgee shall from timc to time notify mottgagor i~ writirg of the amount due and payable hertu shall thereupon be d~e ~nd i psy~bl~ on the due date of the next monthly paymer+i and exh successrve month thereafter until mortgagee lhall notify mortgag e i~ wch 4 p?emiums. 4 IN WITNESS , tFro said MORTGAGOR hss hereunto xt his hand snd sesl the day and ytar fint afwesaid. ! • I' in tll~ presence of: - ~ i ~ • ~l~1 27`7• .LrQ (3es~ ~-•n ~ n-•~ STATE OF FIORIDA ~ . St. Lucie courm of • ~f,n ~,,,,,,~~y ;ailliam M. Clark ~,d Pier M• Clark his wife, to me well krawn ar,d known to nw to be ~ tM individwb d~~cribed in u?d who eaecuted the foregarg instrumcnt, and scknowfedged before me that they executed ti+e sarrk for tF» p~r~poses M,e..~ •~..,.~d. ~nd d,. s~id Pier M. Clark = wit• of d+. w~d William M. Clark . upon . ,ep..are .nd p.iv.t• •xun7natan by ~+w taken wparat~ and apan from her s~~d hwband, ac4nowtedped ro~nd befw~ me tMt she executed said imtrument freely and volun~ tarily and witho~rt aiqr wmpuliia~, constraim, ~pprehens~ w fes? of w from her ~aid husband. . WIiNESS my F?~nd and official ital t~+%~ t~'r d~y of ~i A. D. 19 68 ~ ~ Notaryr lic i~ ~nd (w the St~t~ of Fbrida at Larq~ ~ My C m~uion lxpires: Asy 7/ ~ RNurn Ta ~ Fint f~denl Savirgs i loan Auociat~on • ~ ot ?o?~ P«.«. ~et~~r Pu51ic, St~te ol Rorida at larqe ~ ~ ` _ . SAy Commissioa E es 1 fort P~ce. Flwida . , . ~ ~ ~ ~Yg• 6. 4~ ~s.dN ~r Nw~u. fw ~ C~wyly ~y c~ ' ~ _•1 . r - ~ , _ = F1L~D AND RECORDED' ~ This instrument p«Q~~~ ~ ~ 5T. WC~E.COUNTY. FIA. ~ t,'C S~v. & L^.~n Assn. - ~ ~.1 . - nF.!'^-; „ -:~~~c-n FI(St ~ ~ ~ o~ Fo~t ~ 16597'2 ~ • - v^~' . :-'68 APR 8 AM 10 : I 6 ~ ~ "F ~ ~ , az~.cG~ ~ ~ R i): ~O;~n~S ~ BOOx~ Pq~E ~~K Ct~IT COUR? ~ ` ~ - .K.~,~;~ ~ e ; ~ ~ _ ~ _ ~ : ~i..-. ~ ~ r