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Home My WebLink About2205 F t f j 1 To pl~ce ~nd contirwouiy k~~p on tM build~nys now w Mr~+fts~ situat~ oe s~W land sad on all equipm~nt and p~rsoeully cownd by this n+ort¢ with all prtmiw+4 tMnon paid in full. fin iosvr~nc~ ie the usual sandard policy fotm, • ium ~pprovtd by tM MORTGAGEE. ~nd wind~tpm i~iwurcs in tM v~wl ~~andard poltcy fam, in ~ tum approved by 1M MORTGAGEE, in a~ch compa~y u ton+paniq a tM MORTGAGfE may dlnct~ ~nd -~N- fin ~r?d wind~lwm ir?iurana policies on +ny of said buildinps, ~ny inMr~st th~r~in w p+rt th~reof, in tM ~qrepatt wm ~fwnaid o~ In ~xau tMreof, sMll contain th~ uiwl ~tandud ma~p+yN cl~us~ w ivch othe~ claus~ as tM Mortya~e~ may nquir~. makinp th~ lou ur~dN a+~d pd} . ci~s, each and ~ve~y. p~Yabl~ to s~id MORTGAGEE as its intercit may ~ppNr, ~nd eacb ~nd every ivch policy ~hall b~ promp~ly ~u:y~ed snd dtlivcred to ~ny Mld by s+id MORTGAGEE ~s funher ~~w~ity to aid mortpap~ debt, and, rat less tM~ t~n (10) days in advana of tM ~xpirNion of each policy, ro d? liw? ro wid MORTGAGEE a r~newal thawf, rop~~hN with • receipt fw the prsmium oi svch ra+ew~i; ~nd ~Mr~ sh~li b~ no fin w wlndstam inwr~ plaad on ~ny of aid buildinps~ illY ~I11Hfi1 1FIffl111 Of Pitf iM(fOI, ~nleu in tiN form'ar+d with tM lou psyabl~ as ~t«~s~Wi and in the ~wnt ~ny swn of reamy baeomp payabl~ undK wch polky a policia said MORTGAGEE ~MII Mw th~ option ~o reuiw and apply tM s+m~ on aecoun~ o~ tM indtbttd~ ~ ns~s secvnd h~r~by a ro peimit said MORTGAGORS to receiw a~d u~s tt or any part thereof fw o~he. pu~posec, wi~hout thxcb~ waivinp a unpair- inp a~y puity, li~n p ripht ~ndN w by vktue of this mortyay~t +nd in tM eva?t ~aid MORTGAGORS shsll for sny rNaon fail to keap the said pnenises to ~ iniured, or f~fl fo d~iiv~? promptly u+y of taid polieies of ieuunnca to said MORTGAGEE, or fail p?ompty to p+y fully ~ny premium tha~for or in ~ny r~s p~ t l fail b p~ riotnl, dixhu y~, execvt~, effM, compl~t~, tompiy with ~nd ~bid~ by this tovenant, a ~~y part Mreaf, ~sid MORTGAGEE m~y piatt ~nd pay for wd~ insvrar~ or a~y pan tl~eof witho~t walvinp or ~ffectinp ~~y option, lieep puity, a~i~ ht v n d N w by vi.tw o f t h is M o nq+p~, a n d t h e } full amovnt of Nch N+d w~ry such p+ym~nt sMll b~ immediatdy dw and pay+bN and sh+ll bear intere~t f~om th~ dat~ thereof until paid a~ tM raN of nirw pN centum pa annum and together with wcA interest al+ill be secu~~d by tM li~n of thh matp+pe. 1. To pKmit, aommit w suffa no wast~, imp+'ument a deteriw+tion of said property o? ~ny part therwf. S. To pry all and sirgvlu ths•cosb, chupes and expenses, including • reasonabk sttwney's fes anJ costs of abit~~tts of !iN~. incu~red w paid at ~ ~ny tims by s+id MORTGAGEE, beuvs! a in tM event of the failure on the put of tM taid MORTGAGOR ro d~ly, promptly and fully perforrn, d~schar9~, execut~. ~ffact. oompMt~. comply w~th and ~bide by ~ad+ ~nd every ths stipula~~o~+s, .gree~+er?n, coe+d~tioro, and covenann of said promiuory not~ and ~his : mortyap~ any or ~ither. aod said cosn, cha.~ and expenses. each end every. sMll be immediately due ~nd p~y~ble: whether w not tl~er~ b~ norici da ~ mu~d, ~ttempt to oollect a wit p~nding; +nd the fvll ~mount of each a~d every wch payment th+ll bear inte?est from tht date thereof ~ntil p~id a1 tl+e ~ rate of nin~ p~r ecnt~m per annum; and ~II said ebsn, char~e~ and expenses incurred or p+id, topether with such inta~st. ~11 be s~tured by 1M li~n of this mortp+~• e. That (a) in the event of ~Mr b~each of this Mortyage or defauh on the pan of the MORTGAGOR, a(b) in the ~vee?t ~ny of s~id s~ms of mon~y herein r~ferr~d to be not promptly ~-wl fuly psid wlthin thirty (30) days ~ex~ after the same severally become dus and payabls, without derrwnd or ~otice, or W in the ~wqt each and every the stiputation:, ~greemsnts, cond~tans and cover?~nb of sald promiuory note and tFus mortpaQe any a either ~n not ~uly, p~ompNy and fully performed, d~scharged, executed, ~ffected, completed, complied with and abided tiy, then ie ettl~ w ~ny such ev~m ths said ap~ pregat~ wm m~ntaned In said promiuory note then ~emaininy unpaid, with interest accrued. ~nd all moneyt setvred hereby. sMll beoom~ dw and p~y- able fathwith, w thereafter, d the optan of s~id MORTGAGEE; as fvlly and completcly as if all of the iaid wms of money were aiqinally ttipul~tcd ro be paid on such day. anything in ssid promiuory note or in this Mwtgage to the contrary ~otwithstandi~g: snd there~pa? w thereahe~ ~t ths option of said MORTGAGEE, without notice w demand, :uit at law or in eqvity, thercfore u thereaftcr begun, may be prosecuted u if all moneys s~tu~d l~areby hrd matured prior to iri institution. 7. That in tM event that st the beginning of or st any time pe~ng soy suit upon this Mwtgsge, w to faecbse it, a to refo?m it, q to e~fwo~ payment of any dsims he~eunder, ssid MORTGAGEE sMll apply to the Covn haviog jurisd~ction the.eof iw the appantment of ~ Receiver, such Court shsll fwtliwith sppoint a receive? of said mortgaged property all ~nd singular, includmg aU ~nd singul~r the income, profits, iuues and reven~es from whatever wurce derived, each and every of wii~cM, it bcing expreuly understood, is F+ercby maegaged u if speNfic+lly ut fw~h and desaibed in the gr~nting and habendum dsuses hereof, and such Receive~ shall have alt the broad and effective funct~ons and powcrs in ~nywiu entrusted by a Cou~t to a Receiver, aod •uch appointment shall be made by wch tourt as an sdmitted cquity and a matter of absolute rght ro said MORTGAGEE, and without reference ro the adequscy or in+deqwcy of the vslue of the prbperty morfgaged or to the wivency o~ insolvency of said MORTGAGOR a the defendants, and that such rents, profi», income, issves snd revenws shall be applied by such Receiver accwd~ny to the lien w equity of s~id MORTGAGEE and the practiu of such CouA. 8. To duly, promptly and fully perform, d'~scharge, execute, effecl, completc, comply with ~~+d abide by each end every the stipvlations, agreements, conditions and covenann in said promwsory rate and this mortgsge set forth. 9. That in the event the ow~rship of the mortgaged premises, w any part thereof, becomes vested in • penon otMer than the MORTGAGOR, the MORTGAGEE, its succeuors ~nd auigns, may, without notice to the MORTGAOR, desl with such s~ccessor w successor in interest with referer+ce to ihis mort9aye and ths debt hereby setured in the same manner as with Mortgsga without in any way viliating or distharging the Mortgagors' liability here- under or ~pon tl+e debt hercby secured. No sale of the premius hereby mwtgaged and no forbearance on the psrt of the MORTGAGEE w its successon or auigro and no extension of the time fw the psymeM of the debt hereby secured given by the MORTGAGfE or its successon or suigns, ~hall operate ro rekua, discMr~e, modify tMnge or affect the wiginal liabil~ty of the MORTGAGOR herein, eitF~er in whole or in puf. 10. It is spec~fically agreed that time is of the essence of this co~tract and that no waiver of any obligation hereunder or of fhe obliyation se- a,red heteby shall at any time thereafter be held to be a waiver of the terms he~eof w of the instrument secured herby. 11. In ition to the forego:ng monthly paymeNS of princ'pDl and interest required by the promiuory note secured ~~ortgagor covenants and sgrees to pay t agee with each monthly payment an add~iional sum estimated by mortgagee to be equal o the a~nuat cost of the follow- ~n~. ~ A-All real property ta:es kvied a agac~st the above described real IE 8-Premiums on fire and wi~dstorm insurance as ~red to rried on the improvements sitvate on the above desvibed premises. C-Premiums on such mortgage gwranry insurance as ee a ~me ro time deem fit to urry on the loan secured hereby. ~ Mortg+gee shall from time to time no~tif~w agor in writing of the amo~nt due a eunder and such sum shall thereupon be due and ~ payable on the due date of the r~tFily payment and each successive month thereafter until mortgagee " mortgagor of s change in suth ~ amovnt. Such sums sh applied by mortgagee toward the payment of real p?operty taxes, inwrance prem:ums, and ~~aranty inwrance ~ premiums. f IN WITNE55 WHEREOF, the ssid MORTGAGOR has txreunto set his hand and seal the day and first aforesaid. `~C=~~~ ~ Sipned. S~~ livered in presente of: ~ E ` (Seaq ~ - ~ t i / ~ ~ : aq STATE OF FlO~~ ~'~o/ S ~ ?lEPs16~lsm ti/ COUNTY OF , 8efo~e,me p.rsonally.~a«a ChArles A. Sehroeder . r~g~+gnT~A SehroPder his wife, to me well known and known to me to be ~ the .i~vidwb descs~'6ed _ h+ and wFro executed the fwegoing instrument, and adcnowledged before me thst they executed the same for the purpotet i ~~~M.,~;,~;a,l:;n„d ~,,,,;a_ Margorie E. Schroeder Charles A. Schroeder ex~tni~N t~ by ry~,bltM.s~parat~ "and a rt from her said husband, adcnowl ~Pa+ • seParate and priv~t~ po~ pa edged to a before me that she executed s~id instrument fresly and volur~ s tar~y and witho~ ~rni o~oln~' ul~iq~, constraint, apprehensan, w feu of a from her sband. . ~ i.~~:liinil1~~ificial seal thi~ ._•~se day of ~ ~ A D. 19 68 i~r! , • aF;;~,~•' F . t~ ~ . ! y ' `•!~~1.```~~ . . . - K ' 4;,'--.i,' . otary Public in u~d fot the St~te o a~t larpe ~ r My Cortunission expires: f~. ti .R°'"?° T°: I L E O A N D R E C O R O E D' ~ fint Fedewl Savings d. loa~ /lssociat' ~ Of fort P7erce. . LUCIE COUNTY. FLA. ~ Fort Pierce, Florida ~ n «n ~ - ~ ~'r. n ~ lsss~4 - ~ '68 MAY 7 AMI 10: 16 ~ This instrument prepared by ~y ~ - ; ~ First Federal Sav. & Loan Assn. ~b~" ~ ~ . of fort P~erce ,:c N ~•o~ ~~~s ~ ~ CLERK CIRCUIT COURT gy D. Chastain rb ~ ~ aooxl~l ~~~0 , ~ ` :.r.,~.~~.. ~ ; _ - _ - - _ ;.:-r ~