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Home My WebLink About1835 To plaa and tontinuou~ly ke~p on tM buildinp~ now a MreaftN ~itust~ on said I~nd ~nd on ~II equipment and ptnwully townd by thi~ matp~ p~, with dl premiuRtf therwn p+td In full, fu~ insv~~nc1 in ~1+s ~~wl s+andud poticy fwm, ~n a sum ~pprov~d by tF?~ MORTGAGEE, and wind~tam insur~~ In 1M wwl ~tandard poliq form, In ~ ium ~pprov~d by tM MORTGAGEE; in wth tompany a tanpania u tFN MORTWIGEE may dind~ and all ik~ u~d w~e~diarm iniur~nc~ polic~~ on any of said buildinps, ~ny Int~rtst tFw~ei~ a p+?t the~aof, in fM ~yyrp~tf wm ~fOr~Nid Of tn ~xass ~Mnof, ~h+ll cont~in tM uswl it~ndud ma~ya~ claus~ o~ ~uch otM+ cl~us~ u tM Mortysyee may rpul~~. n+akinp tM loss ~ndN uid po1F cip ~ach ~nd ~very. paY+bl~ w i+id MORTGAGEE as its in~~reat may appNr, ae+d each u~d ~very avch policy shall be promptly au:y~ed and delivaed to ~ny MW by s+M MORTGAGEE u fuNhsr security to a+id mwtp~y~ debt. ~nd, eot less th~n ten (10) d+YS In advuic~ of th~ ~xpir+fion of ~ach polity. ro dr liva to s~id MORTGAGEE ~ rMewal tM~~of, fop~thN with • receipt for the prtmium oi such renewalJ snd t1+K~ tMll b~ no fir~ w winditam Insura~t~ plao~d on ~ny of aid buildinps, ~ny inter~st tMr~in ar pu~ th~~wE. ~+nl~u in rM fwm'~nd with tM los~ p+y~bte si afons~idt aod in tM ~vsnt ~ny wm of ,noo.y becom.s p~yabl. v~d.r such polky a polKi.s sa~d M~tTGnGEE shall Mw ~M op+ion ro reuiw and spply the s+m~ on +ccouot ol tM k~dtbted~ n~u Ntynd h~r~by or lo pNmit said MORTWIGORS to receiv~ and us~ it or ~ny pa~t thereof (or othc~ pu~poses, without thereb/ waiving w impair- Inp ~nr p~ity, Ikn at riphl w+dar or by virtw of this mortpap~~ and in t}k ~wet s~~d MORTGAGORS shaU fa any r~ason f~il to kaep ths uid pnmiies so k?swed, or fail to d~livK pranptly ~ny o~ said policies of insunnn to said MORTGAGEE, w fail promptly to p+y fully ~ny prsmium therefw a ln any nsp~ct fail b pafam. dixharpe, ~zecvt~, ~ffect, canpt~t~, oomply with ~nd ~bkM by this mvenant, or any part hareof, ssid MORTGAGEE may pl~te and paY fa such insu~anc~ a~ ~ny p+~t th~reof without walvinp or ~ff~ctinp a~y option. IiN+. ~q~rity, or rigAt ~nda or by vinw of thia Martpa~, ~nd tM fvll ~mount of t~ch and wKy wch PaYme^t sh+ll b~ immadiately dw +nd psysbl~ and ah~ll bear interest from ths daN thereof u~til p+id a1 th~ rat~ ol nir» per cantven pa ~nrwm uid togNher wirh such intcrest sMll be secvred by tM lia~of this mort~+p~. 1. To pKmi4 aomndt a wff~r no wut~, Impairment w deterioration of said properry o~ any p~rt therwf. S. To pay sll H+d dnpul~? the tosts, chupa ~+d expense~, includinp a reaso~abl~ ~ttwney's fee and costs of ~bstracts of titls, ir~curt~d w p+id ~t ~ny time by wid MORTGA6EE, beuus~ ot in the ~vent of ths failure on the part o! :4a ssid MORTGAGOR ro duly, promptly ~nd fvtly pafwm, d~scharga uacut~, ~ffect, campkt~. comply with and ab~de by ~ach and every the ~tipularans. agreemenn, caditions. and cowoants of said promiswry no» +nd thw mortp~ys any w ~itMr, and said cosn, chuges snd expen~es, esch and every. ~h+ll be immedistely due +nd payabte: whether w not ther~ be notice d~ msnd, ~ttempt to colled a wit pMdinys ur! tFw full ~nt of each and wery wch p~yma+t ~F+all beu interest from ~he dat~ tl+e.eof w?til p~id at ti+e rate of nins per cer+tum per annum; u+d all s+id ccin, chuges ~nd expenses in~wred or paid. Iogether with such iM~ral, shall be ~~cvred by tM li~n of thu mort~~. b. 1Mt j~) in the event of any breach of this Mortyspe or default on the part of ths MORTGAGOR, a(b) in the event any of uid sums of money herdn ref~rnd to bs not promptly snd fully paid v?ithin thirty (30) days next ~fter the same Kvaatly become d~e and p~yable, wi~hout d~mand or notice, or (cJ in ths ~w~t each and every the stipul+tio~a„ ~greemenb, conditions and covena~n of sa~d promissory note and th~s mortpape ~ny a either ue nol ~uh. promptly and fully pe~formed, dischar~ed, executed. ~lfected, canpleted. complied with ~nd abided by. thsn in either w any such evtM tM said aQ prtflaN wm tn~aYanad in said promiuwy Rote then rem+ining unpaid. with intertst scuved, and a11 ma~eys setured hsreby. shatt betom~ dw and pap ~bl~ forthwith, or thereaftsr, at tM optan of said MORTGAGEE, as fvlly and completely as if sll of tFx said sums oi money v~rere aqinatly s~ipulsted to be paid on such day, anythiny in sa7d promiuory i+ote or in this Mortgsge to the contr~ry notwi~hsqnding; and thereupon or fhereafter at tM option of uid MORTGAGEE, without fqtiC~ o? demsnd, wit at laa or in equity, therefore or thcreafter begun, may be prosecuted as if all nwneys secur~d hereby had rt?~twed priOr to in institution. 7. That in ths event thst at the beginning of or at any time pending aoy suif upon this Mortgsge, a to fweclose if, o~ fo reform it, w to enforce psyment of any daims hcreunder, said MORTGAGEE sMll apply ro the Court having jurisdiction thereo( for the appantment o( a Receive~, tuch Court shall fortFiwith appoint s receiver of uid mortgaged properiy all ~nd singular, includmg all and singular the income, profin, iuues ~nd revenues irom whstever wwce derived. eath a~d every of wFi~ch, i~ being expressly ~nders~ood. is hereby mortgaged as i( specifically set forth and destribed in the 9rsntinp ~nd hab~ndum ctavses hercof, snd wch Receiver thall Mve alt the broad and effective funct~ons and powers in anywise entrvsted by • Cou~t fo a Receiver, snd wch sppointment shaii be made by such ~ourt as an admitted eqvity and a rrWtter of absolute ~ight to said MORTGAGEE, and without referenc~ to ths adeq~acy or insdeqwty of the value of the preperry mortgsged or to the soNency w insolvency of taid MORTGAGOR p the defendaots, and that such renn, profin, incane, issues and revenues shall be applied by such Reteiver according to the lien or equity of said MORTGAGEE and the practite of svch Covrf. 8. To duly,.promptly and fully pe?form, d'ucharge, execute, effccf, complete, comply with and abFde by each and every ths stipulationf, agrecment~, conditioro and covenants in ssid promissory note and this mortgsge set fath. 9. TFut in ths event the ow~ership of the mortgaged premises, a any pan thereof, becomei vested in a perwn other than the MORTGAGOR, the MORTGAGEE, iri sucuuors +nd sulgns, may, without notice to the MORTGAOR, deal with such succeuw or succasor in interest with reference to this mort9~ge and the debt hereby seturcd in the samq manrxr as with Mortgagd withovt in any way vitiaYug w distharging the Mortyagws' li~bility here- under or upon the debt hereby secured. No sale of ~he premises hereby mortgaged and no forbearance on the pan of the MORiGAGEE or iri tucceasors or ~uigm snd no extens~at of the time for the payment of the aebt hereby secured given by the MORTGAGEE or its successors a auigns, shall oparate to rclsas~, disch+~ge, modify ch~nge or affect the orginal liability of fhe MORTGAGOR Fxrein, either in whok or en part. 10. It is specifically agreed that time is of the essence of this contrad and that no waiver of any obligation hereunder or of the oblig~Ta~ sr tursd hereby sh~~l ~t any time thereafter be held to be a waivet of the terms hereof ot of the instniment setured herby. 1 • and ag?ees to mortgagee with each mu+thly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual co 1 ollow- iny: A-All real property taxes kvied a a ainst the above described real estate. B-Premiums on fire and windstorm insunnce as herein r be carried o~ ovements situate on the above desvibed premises. C-Premiums on such mortgage gwranty insurance as mwtgag om 'me deem fit to carry on the loan secured hereby. ' N4ortgagee shall from time ro time ratify mort writ~ng of the amount due and pay e and such sum shall therevpon be due and ; payable on the due date of the ne:t yment and each successive mo~th theresfter urtil mortgagee sha t agor of a change in such m; ms and mort i rance premiumt. ~ IN WITNESS WHE , the said MORTGAGOR has hereunto set his hsnd and seal the day and y first aforesaid. ~ Sipned, Se ed liver~d in the eserKe of: i , n ~ ~,;~.~~C6f.~ ~ ~n ~ ~ . . . STATE OF FLORIDA ~ St_ Lucie ~ Bafore pe,wndy,ppe„ed L.er~~ BE3rLnett .nd ha wife, to me well known and known to me to bs ths individwb dewi in ~nd wFa exec~ted tMs foregoin~ irotrument, and acknowledged before me that tl+ey executed the same for the purposes therein ~xprested. Md the sa~d ~a~8~ Bell BPTITIA tt „~t. oi ~h. s.~d Lerov Bennett , ~po~, ,~.,~e .~d P.~~.rs exunination by me taken sepsnte a~d apan from her :aid husband, ackrawledged to and befwe me that stx executed ssid ir»trumeM freely and volun- tarily and without ~rqr compulsion, constraint, appre~?ens` ~w fe~r of or from Ix~ ssid sband.~ • WRNESS my h~nd and official ~eal thi dsy of A D. 191YL./ ~ Notary Public in snd fw the State of Floride ~t lar~s ~ My Commissio~ expi~es: ~ / -Z(p ~ 7~ Return Ta ` r~a~"i s~"'^~' a~°~' '~~'a''°" F1LE0 i4N0 RECOROE~? ~ Of Fort P~erca ST. LUCIE COUNTY. NOTARY PUBUC. STATE OF FLUI'~IDA AT LARSF Fort P~erce, Flw7ds (j~Gn~;r vF~ F~-A• MY COMMISSION E~CPIRES NOV. 26, 1q71 ~ . ~F'!~O YO!lDEO IMRO{!aM ERED lY. O~E3TCLMOXY. ~ 1G6~14 : . This instrument prepared by '68 APR 29 JIM ; 37 ''1'~ " Frst Federal " ' : ~ ~ `i'` ~ ~ Sav. & Loan A ~ ' ~ ~ ssn. . { : ~ of Fort Pierce :;~~e~ . ~ ~ _ . = ~ c~' Y; . ' _ By -sT_. Collins CLERK CIRCUIT COURT l'~ - ~ . c{~~ _ _ r3~ ~~0~ ~~1 PA~~~ t . i T¢ `v~r { , . • ' yf ~ _ - ~ ~m ~ _ _ - - - ~s - y ~ ~ ; x . _ '?~=~_`~.3 _