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Home My WebLink About1938 i . ~ . i ~ ; } To plac~ and cauirwwwly kNp on tM bui~dinps now a~#tM ~ituat~~oe aW'land u~d a+ ~II equipnwnt and p~+son~IM cownd bY Mb nwrt~ a~, witA ~II pnmiw~ tl+erwn pawl in tull. fir~ insu~+na in tl+~ wwl studa~d poticy tonn, ~n • sum approwd by tM MORTGI?CsEE. +nd wlnd~tonn imw~nu in th~ vswl sundard policY fam, in • sum approved py tM MORTGAGEE. in wch comP+^Y « ca^P+~ a th~ MORTGJIGEE ~r dincU ~nd ~11 tin and windarorm insw+na policKS an any of said buiid~rgs, any Inqnst tM+~in a part tlwwf, in tM ayprpat~ swn ~for~said a In ~xaa tMr~oi, slwll conqa~ th~ uswl st~nd~rd mortyyN daus~ or sucA othK daua~ a tM Mo?~9+pN m+Y nV~in, n?~kinp tM IoW u~ ~aid polE cla. Nch a+d tve~Y. WYabl~ to saW MURTGAGEE as its intertal m~Y ~PPN?. ~nd tach a~d ~vKY Pa~Y P~~Ptly us:ymd and dtlivK~d to ~ny h~W by Mid MORTGAGEE q fwtlN~ ~tcv~ity to s~id ~ewrlpa9e debt, ~nd, nor I~s~ ~h«: xn t10) d+p tn adv~na of ~M ~xpu~tbn of ~ach policy, w d~ ~ liwr re s~id MORTGAGEE ~ r~w~l tMnof, top~tha with a nc~ipt fa tM phmiwn of wch rNwwalj and thK~ s1+ai1 b~ no f~n a windsrorm kawano~ pl~ad on ~ey ot uid build'aps, u~y interRSt 1M«in or p~n tFwwf, valas in tl+~ fom+'~od wi~h th~ bu p~y~bl~ as afw~aid~ ~nd k? tM ~wnt ~ny wn~ of mon~y becana paraW~ ~ wd~ poUcy w polici~s said MORTGAGfE sl~all h~w tM optan to naeiw and applp th~ su~ on sccount ol tM 1n~Mbtd~ rya ~cw~d Fw~by w b pumit uid MORTGAGORS lo reaiv~ ~nd ~ tt a any part thereof for othe? purposa, without ~Aarob/ w+ivi~q a imWir ~~+0 +~Y ~V~+~b. IiM or ~ipht w~d~r a by virtw of tl~is ~9+pq a+d in tM ~vent wid MORTGAGORS ihatl fw a+y nasoe fail to keep th~ uid pnrnisa w inwred, a fail to d~liv~ promptly ~ny of ~aid po~iei~s of inwnrw ro aid MORTGAGEE, or f~il p?omptly to pay fully ae~r pren:iwn thenfa a in a~r rosp~et fap to ps~farn, dacl?+rp~, execvN, ~ff~ct, oompl~t~. oomply vri?h and ~bid~ by this cova~+nt, a~ny pah hKwf, s~id MORTGAGEE may pl~ ~+d WY fa wch Mrwann a any pa?t th~rwf withou~ walv.~p o~ aff~ctt^Y oWion. ~i~n. ~W~tY, o~ ?~pht u~ a by vinw of this Mortp~p~. and tM full amount of ~ad~ and evKy wch WYmMt sh+ll b~ imnadiat~ rlLdw sad psyabl~ and shsll b~u inN~t fran th~ dah th~nof uot91 p~id N tM raf~ of ! nin~ pN osntwn pa annwn a+d togethe~ wiM wcA interest shill b~ ~cu~d by ~M lia~of this mo~t~a~. ~ 4. To pKmlt. aomnit a wffa no wast~. imp+Kment a deterior~tio~ of said propKry a any p+rt tMr~of. ! S. To psy all ~nd ~inpul~r ths.oost~ chu~es +nd ~:penses. 7nclud'up • nason~bl~ attorr~y's f~e and cost~ of absn~cts of titl~, incwrid arpaW ~t ± ~ny tim~ by uid ~1110RiGAGEE, btavs! or in the ewat of th~ failur~ on th~ part of tM s~id MORTCaAGOR to duly. prompty and iully perforen, d~scha~ sxecv», ~ffw, wmpl~t~, compy with aod ~bid~ bp ~ad~ ud every t1» stipdatioro, ~rea~nents. c~ditiaa. and crwnan» of said praniuory ~ah ~nd thi~ ~Wp~ i~11 a ~ithsr. ~nd said cw~s. dw~~es ~nd ~xp~es, exh and ~wry, sh+ll b~ tmmed'eatey du~ and p~yabk: wheMa w not tMr~ b~ ~wtici dr m~rd, att~npt to c.x~ct or wit pend~g: ~ed tM full amount of sach ~nd evNy such payment sh+ll bear interest hom tM dat~ thenot vntil p~id ~1 tM rate of rwm per ca?tum pM uvwm: and all s+id cdsts, d~u~et and eapensea incwr~d or paid, top~tMr with such iMKat, ahall ~acwed by tM li~n of thw matp+pe- a, ?hat ja) i~ tM wMt of any brs+ch of tNs Mort~age w defwlt on the part of tM MORiGAGOR, w(b) in tMe we~t ~nY o~ ~+~d wms of ~nany harei~ nhrr~d ro b~ not pramptly ~nd fully p~id withi~ thirty (30) dsys rKxt ~fter ~he same iever+ty bacarK du~ ~nd Wy+ble. withou~ dN^+^d or ^ctioe, or W in th~ ~wr1t ~ach and ~vay the stipul~tions, ayr~eenenn, conditans and aov~n+nn of sad promiuwy nae and th~s mortpape aey a either an nol iufy, promptly and fully perfo~med, d~schar9ed, executed, effected. completed, complied with ~nd sbided by. then in either or u+y such ~wnt the said ap~ ~reg~q wm mantior~d in s+kl promawry not~ fl+en nm~irwrg vnpaid, with intarest acvued, and all mo~eys sacwed hereby. shdl bscoin~ dw a~d pay~ ~bl~ forthwith, a tM?wher, at tM option of said MORTGAGEE, ai f~lly and comple~ely u if all of t!» said wms of mor~y vwre wipinaUy pipulated to be p+id on auch day, anything in said promissory note or in this Nlonpa9e to the contrary ~+otwitMundinp; and thKe~pon or thcreahM at th~ op~ion of said MORTCaAGEE, without eat~ce or demand, wit at law or in puity, therefwe or thereaf~er beyun, may bs prosec~ted as if all mooeys s~wred har~by had matwfd prior to iri iMtitution. ~ 7. 7Fwt in th~ event that st tM beginning of a ~t sny tNne pendirg soy wit vpon this Mortgag~, o? to faaclos~ lt, or to nforen N, w to enfo~o~ payrnent of u~y clsims hcreunder, said MORTGAGEE shsll apply to the Couh hsving jurisd~ion tlxreof for the ~ppantment of a Receivsr, wch Co~it th+ll fortliwith ~ppoint a raceiver of said mwtg~gad property all and w~p~lu, irKlud~ng ~II and s~rgul~r the income, profits, issues ~nd rtvenues from whet~ver sovrc~ d~riwd. Nch aed every of whKh, it bcirg expressly unders~ood, a hereby mortgaged as if apeciiically set fath u~d dewibed in tlr ~aotinp u~d habMdum cla~sa hereof, and wd+ Receiver shall have all 1M boad ~~d effective fw~ct~ons and powcrt in ~nywise entr~sted by a Court to a Receiver, and such ~ppointment shall bs msde by wcA Covrt u an ~dmined equity and a maner of sbwlute rigM ro said MORTCsAGEE. and withoul referance to the adequscy w in~deq~raty of ths valw of the prbpNty mortgsged or to the w~vency w inso~vency of w~d MORTGAGOR o~ tM def~nd+nn, and thst such rents, profits, income, issws snd r~venws shall bs appliad by tuch Receiver accordinp to th~ lien w pvity of aid MORTGAGEE and the practiu of wch Cowt. ~ 8. To dey, P.o~ry sr~d fi,ih ~o~, d~scha.9e, execvte, effect, oor~lete, comply with and abide by each and every the stipubtions, ayreem~nts, ~ cond'dioro ~nd coveoann in said promisswy note ud tho mortgage set fath. 9. Th~t in N~e evaH the ownsrship of the mwlgayed promises, or any part tl~eof, bec«nes vess*d io ~ perso~ other thsn the MORTGAGOR, ths MORTGACaEE, its wcces~on and auiyes, may, wirhovt notice to the MORTGAOR, deal with such successw a wuessor in intereit with reference to this ~ mort~ps and tM debt he?eby secured in tiw same msnner as with Mortgsyw withoW in a~y wsy vit~atug or d~xharginy the Mort9agors' liabiliry hsr? ~ under o~ upon the debt hereby secured. No sale of the premises Ixrcby mo.tgaged and no fabeuanos on tlie part of tM MORTGAGfE w its woceuors # a auigns and no extension of the time fw the payment of the aebt he.eby secured yiven by the MORTGAGEE a in sucoessors or sssiyns, ~hsll operat~ 1o nleat, dlsdurye, modify ch~ng~ w affect the oripinal Iiab~Gty of the AhORTGAGOR hsrein, eitha in whob or In part. 10. tt is specifically apreed that t~me is of the euence of this contract and thst no wsiver of any oblgation herew~der or of th~ oblipsYan sa c,,rod I~ueby sh~ll at any tims thereafter be held to be + waiver of the terms hereof w of the instrumem secured herby. additan to the forego:ng monthly paymenri of princ:p~I and interest required by the promissory rate setured hereby, mott and ~rees to psy pg e with each monthly paymcM an ~dd~rional sum estim~~ed by mortgsgee to be eqwl to 1/12 cost of the follow- ing: ~ A-All rcal property uxes kvied or auessed aga~ bove described real est d-Premiums on fire ard windstorm inswance as herein requ~r on the improvements sitwte on the above described premises. C-Premiums on wch mort9age gwr+nty ins mortgagee shsll from time to time r on the loan secured hereby. f MortQs9ee shall from tirt?e t h mortgagor in writing of the amount due and paysbk herev~der s hall thereupon be dve and payable on the due next monthly payment and each s~rccessive month thereaftcr until mafgsgee shall notify mortgag in such . amarnt. shall be applied by matgsyee toward i:.e payment of real property ta:es, inuxance prem:ums, and mortgage gwranty i~wr ` ~ ~ I IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his h~nd and Kal the day and ar t ~fwessid. ~ ~ iwd, I~d~n delivwed i tht p of: ~ ~ ; Ot. ~ ; / i . ~ ~ j ~cG[Q~ (s~aq € n--n STATE OF FLORIDA t t~~ ~ Saint Lucie ~ ~i~y,~,~ Roland D. Schmidt ~ (,0111S@ B. SCilIIldt his wife, to me well k~own ud knawn m m~ to b~ tFa Mdividwh dacribsd in and who ~x~cuted tF~e fors9oirg instrum~nt, and adcnowledped before me that ~hey ~xecuted the sam~ iw tF» pwposes ~ ~ Louise 8. Schmidt w;~~ ~ t~ Roland D. Schmidt ; upon . .eps..r. .nd ptv.a •xanrn~tion by m~ t~ken kparatt and ~part from F~er ssid M~bsnd, ~du~ow{edped to and befw~ m~ tMt sh~ ~:ecvt~d s~id iratrurtwnt frady and volurr ~uifp ~nd witMv~ aror cornpulsia4 ca+straim, appre w f~ar of or from fw~ sa Fwsban~ 68 WRNESS my Iwnd aed off'~cial s~sl this d~y of A. D. 19 ~ . ~ ~ Not~ry Public i~ ~nd fw th~ Su» of Fbrida at Larq~ ~ MY ~ss+a+ f~^ 1 1~ ~'7 I # R°'""' r°` FILEO AND RECORDEO Neriur weuc. tiA?E Of F~U610A AT L.1Y6L ~ First F.d..d s.vinp. a lwn Au«i,t;«, ~ o~ F«, v:~n~. ST. LUCIE COUNTY. FLA.MYCON+rwISS10N E~(PIRES NOV. ~b, 1971 I~r ~'Q ~'1 V~ ~I~•~(~ ~o~oco ThROUYN ~w.o w. o.RST~~ ~~i4~s:;, . ~ Fort Pierc~. Flwid~ ' •°,i~1Ti'~neri,~' . f F. I F. 1 ~~'~i ~ 166~.~0 }stit,N ~R . ~ ¢ '68 IW 10 ' 35 ~ 't ' ~ This instrument prepared by ~ ' ~r• pQ` ¢ ~ Frst Federal Sav. & loan Assn. ` = ~p~`. ~sf" ~0 ; ~ ~ of f ort Pieru ~ ~ = : 1 ' - ; ~ ; ~0;;:.. : ut i A~S gr J. Collins CLERK CIRCUIT COURT ~~~~f~a~ = a~'; ` r~.•.: ~Q l _ t ao~ 1/1 ~ 19~36 j~T~ F~ : ~ ck ~ - ~ ~ - ,,t. ~ . ~ - ~ _ - - ~ . ,.:t .:w,"'~,~.; :