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Home My WebLink About2744 To ~Jx~ and ca+tinuo~sly kNp on 1F~ buildinps now a her~+fta st~w» oe iaid Iand ar,d oe all equipment aed peraon~ly cowr~d by thi~ mortp~ ~ a~, wlth dl p~miwA ~M+we? p+~d in fuil, fin insu~~ne~ i~ ~hs ~sual sta~dard pot~ey fwm, ~in s iurn approv~d by tM MORTGAGEE. and windstare inwranc~ M tlw vsw) at+ndud polrcy fam, M a sum approv~d by ?M MORTGAGEE, in such company or compan+~s as th~ MORTGAGEE may dinetJ ~nd dt iirt and windstotm i~wrueu polities on +ny of said buiW:n~s, any inte~est rherein or pa?t IMrtof, in tM ~pprepaq svm ~fortsaid o~ In ~xqu thenoi, shall contain tM vtwl ~ta~dud mort9+pN clauu w auch otha clause ~s tM Mortyag~e may ?eqvu~, en~wtnp tM loss under s+id pol~ ci~s. tach u~d ~vKy. P+Yabl~ w s+id MORTGAGEE as ib iNKes~ may appaar. u+d each ~nd every i~ch pot~cy ~hall b~ p?omptly ass:yned ~nd d~livKed M i •ny Mld by s+id MORTCsAGEE ~s further s~cvrity to s~id mortpsp~ debt, ~nd, r+ot less tMn te~ (10) days in sdvanct of tM ~xpuation of ~ath policy. ro d~- IivK ro said MORTGI?GEE • rMewal tMrwf, topahN with ~ reuipt fw tM prN++iven oi wch renewal; and then shsll be no fi~e or windetorm inwranc~ pl~qd on a~ryr of said b~eildinps, any inta~st tlw~ti~ a p~rt tFNreof, v~leu in tM fo~m and with ti~e loss p~yabk as afo~ts~ids +i+d i~ tM ~vent ~oy ~um of ~oeNy becpm~ payabl~ under wch policy p polici~s s~id MORTGAGEE sMll hav~ t!~ option ro receive and spply tM s+rr?~ on accow+l 01 tM ind~bt~d- n.u ucw.d h.nby a ro pum~r s+id MORTGI?GORS ro receiv. snd w. it w any part thereof for othc? purposes, w~thout tha?eb~ waiviny w~mpair- inp ~ny puity, li~n or r'ght w~da a by virtw of thit mortp~qe: ~nd in 1M ~wm s~id 11AORTGAGORS shall fot ai+y nasa? fsil to keep 1he uid prsmisss }o Inwred, ot fail b d~liver promptty ~ny of said polities of iniw~nc~ ro said MORTGAGEE, w fail prompny fo pay fully ~ny premium the~efor p ln any re~p~ct fail b p~rfocm, dischuy~, ex~cute, ~ff~cf, compkte, comply with and ~bid~ by th~s covenant, or any psrt hereof, taid MORTGAGEE may plac~ +nd p~Y fp t~ch irawants oi <•-y paA tMroof without w~hinp or ~ff~ctinp any option. li~n. equity, a ~pM u~de~ w by virtw of this Maty~pe. and tM fvll anaw+t of each ~nd ~vKy wch p+Yme^t shall b~ irtMnediattly dw and py~bb u~d shall bsar interes~ from tM dab thereof until paid M tM r~t~ ot nin~ pa centuen pM amum and together with sucA tnterest ahall be secvrod by th~ lisn of this mortg+~e. 1. To pKmit. commit or wffer no wsit~, knp+'ument a deteriwation of said property or u~y p+?t theroof. S. To p+y all a~d sinpular ths'costs, ch+rp~s a~d expenies, includinp a reasonable ~ttorney s fee snd cosn of ~bst~acts oF title, incuned w p+~d a1 any tirn~ by s~id MORTGAGEQ becaus! or in the tvent of the f~ilure on the p+rt of tM iaid MORTGAGOR to dvly, promptly and f~lly pafam, dixhar9R s:ecvt~, ~ffap, oompkt~, oomply with aod ~bid~ by eath and every tM stipul~tions, agreemenh, conditions, ~nd cov~nanri of s~id promissory noM +nd this matyp~ u~y a~:~he?. and said cosn. chsrpes and ~xperres, esch and ~very, iMll be immediatety due and payabk: whetM? a not ther~ be e+otici dr m~~+d, ~ttempt fo coll~et or wit pending; u~d tM fvll ~nt of each and every such payment shall txar interest from tM dat~ thereof u~til paid at the rare of nin~ per ce~+tum pe~ annu~+: ~nd alt aaid c6srs, cMrgea ~r+d expenses incvrred or p~id. together with such imerest, shall be a~cursd by tM li~n of thu ~ 0, iMt js) in tM went of ~ny bre~ch of this Mwtyape or defavlt on the part of the MORTGAGOR, a(b) in the ~vent ~ny of s~id sums of mon~y her~in nf~rr~d ro be not promptly and fully paid within thirty (30) d~ys nex+ aiter the same severatly become due snd p~yabk. without demand w notice, or (c,l In tM ~vM~ ead~ sr~d ~very tM stipulatioeu, agreementt. cordiYans and coven+nn of- sa~d promiuory note ind this mor~9+~e any w eiN+K ~r~ no1 ~uly, ptamptly and f~lly p~rformed, dixharged, eaecuted, efftcted, coenpkted, complied with snd abided by, then in either w sny tvch event tM s+id a~ prey~t~ sum mentaned in s~id promissory note then rem~ininp ~npaid, wifh intcrtsl acuued, and atl mooeyi setured hereby, sMll become dw and p~y~ abl~ forthwith, a thersahn, at the option of taid MORTGAGEE, u fully ~nd completely as if all of th~ said sums of money were orginally sripulated ro b~ paid on such day. anythirg in ss~d promissory oote a in thia Nbrtg~ge to the contrary notwi~hstsnding; and thereupon a the?eafter at the op~ion of said AIIORTGAGEE, without notics a demand, wit at lawr o? io eqvity, the+efore or thcreafter begun, may be prosecuted u if ~II moneys satvred haeby had marwed prwr ~o in instirutw~~. 7. TMt i~ tlx event that at ttK 6eginning of or st ~ny time pending soy su~t upon this Mortgage, or to fweclose it, or to rofwm it, w ro enfora paym~nt of ~nr Elsims hvwndEG.~tl7MORTGAGEE thall apply to the Coun having 'ry~~sdEction thereo( fw the ~ppo~ntment of ~ Receiver, wch Court shall Fatiiwith ~ppoiM ~ r2t7~'iver o~ said morfgsged property all ~~d singula?. includ~~ all ard singvls? the income, profits, iuues u~d revenuss from whatever so~ra d~rived. esch and ~very of whitFl, it being expressly understood, is hereby morfgaged as if tpecifically set fath and dewibed in the yranting and hsbendwn davses hereof, ~nd auch Receiver shall have all the broad and effective funa~ons and powen in anywise entrusted by s Court to a Receiver, and ~vch ~ppointment shatl be made.bY ~h Co~rt as an sdmitted equity and a rtW~ter of sbsolute rght to said MORTGAGEE, ~r?d wifhout rcference to the adeq~+cy or in~deqwcy of the wl~t of the prcperty mwtgaged w to the sonrcncy or ~nsolvency of said MORTGAGOR or the defendann, and that iuch rents, profits, incane, asues and-re~enues shall be spplied by svch Receiver accwding to the lien w equity of said NIORTGAGEE and the practiu of such CouA. - . Q. To duly, ~ompt(y, srd fully perfwm. discharge, execute, effect, compkte, canply with and abide by each and every the st~putations, apreeme~b, condiYqro and cqYtOants in said promissory note and this matgsge set fwth. 9. That in the svent the ownenhip of th' mortgsyed premises, or any part thereof, becomet vested in s penon other thsn tl+e MORTGAGOR, tht MORTGAGEE, iri successors snd +uigns, may, without ~otice to the MORTGAOR, deal with such succeuw w successor in interest with reference to this mortype u+d the debt hereby setured in the same manner as with Mortgagw without in any way vitiating w discMrging the Mortgagors' lisbility here. / under or upon the debt hereby secured_ No sale of the pranises hereby mortgaged and no forbearsnce on the pan of the MORTGAGEE a iri succesaon or assig~ and no extension of the time fw the pay~+eM of the debt hveby secu~ed given by the MORiGAGEE or its successors w auig% shall opsrate ro release, dischar~e, modify chsnge w affect the wginal liability of the MORiGAGOR F?erein, either in whole w in part. i 10. It is spedfic~tly ~greed tMt time is of the esscnce of this contrad and that no waiver of any obligation hereunder or of the obligation se- ! cured hereby shall ~t any time thereafter be held to be a waiver of the terms he~eof a of the instrumeM tecured herby. 11, In addition to the fwego:ng monthly psyments of princ'pDl and interest required by the promiuory rate setured hereby, mortgagor covenants and ~grees to pay ro mortgagee with eath momhly paymtnt an additional sum estimated by mortgagee to be equal to 1/1T of the annual cost of the follow- ing: A-All real property taxes levied or asxssed against thF above described rest estata d-P~emiums on fire and windstwm insurante as hereiri requ~red ro be ca?ried en the improvements :ituate on the above desuibed premises. C-Premiums on such mortgsge guaranry insws~ce as mortgagee shall from t~me to time deem fit to carry on the ban secured F?ereby. Mortg+yee ahall from time to time notify mortgagw 7n writing of tF?e 'amount dus and payable hereunder and suck swn shaU thereupo~ be due ~nd payable on the due dafe of the next monthly payment and each successive month tl+ereafter urtil mortgagee shall notify mortgagor of a change in suth ~ amount. Such wms shall be ~pplied by mortgagee toward the payment of real property taxes, insurance p~em:~ms, and mortgage gusr~nry insurance i premivmt. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand snd seal t day and year fint a id. ; Sipmd. Ss~l~d d delivK~d in the presence of: ' , ~ n ~ . ~ ~ ' `s"'~ ~ • ~+4 ~ ~ e. 10 ~Seaq ~ STATE Of FLORIDA ~ . $t . I.UC 1@ ~ ~ COUNTY OF b~f«. n,. qr,a„~~y +ppe+,ed JaB~es D Chastain ~ p~Ki , to me well kr?own and known b me to M the ind'rviduaY dewibed in and who ~xec~ted tfie foreyoiny instrumeM, u?d ~dcrwwlfdged before me that ~ e:ecuted the same iw tl?e purposes rherein e~cp~e~wd ~ • ~ ~ ~ t . • ti 5 WITNESS my Fwnd ~nd official taal thi d~y of ' •••AG;~f =}4-~.- - - : ' ~ FILEO AND RECORDED NO1iry Public in to. swn` F~td, i.~~; ~ ST LUCIE COUNTY. M„ ca,?mw.~~.~.~: ie -r~,~ ~ R.n,.~ to: • ~ FLA. , _ - ~ Q . fi.ar i~d..al Sa~i?qs a toan /?swcia,~on ~ _ ' ' . 4'~~ ~ F' ~ Y • ~ ~ ~ MOTA~Y N~llC, fTATE OF FLO~lI~~[ L GE ~ or fo.f PK.ce. ~ Fort P~e+ce, Flw;ds MY COMMISSION EXPIRES Ol:i. -1~(,~1~~~~:.~, ~ ~OMO[O TMROY~M ~RCD N. OI<fT~LNOR~~;~,. ~ . '68 MAY 2 0 AN 10 : 3 4 ~ ' ~~~/~~.l~c~ ~ This instrument prepared by ! ~0:,~_? ~pt t ~ ; ~ F~rst Federal Sav. & loan A;sn. CLERK C~RCUIT COURT ~ ~ ~ of Fort ' ct , e~ 1?~ ~ 2s-~ . . ~ ~ ~ ; n ~x %t , ~ - - - r s%' -s~, . ~