The URL can be used to link to this page

Home My WebLink About2858 ~ To p~at~ ~nd continuo~sly kNp oe~ ths build~e+ps now w Mr~aftN sitwa on s~id lu~d ~nd on +~I equipm~~t ~nd ptrsonally covN~d by thb nartp~ with ~II pr~eni~A tF~wn pud in full, fi?~ insuranc~ in ths ~swl itandard polky foren, ~n • turn ~pprowd by tM NWRTGAGEE. ~nd wi~tpm - inwraea In tM u~wl ~anda.d pol~cy fam, in a wm ~pproved by the MORTCaAGEE. in wch comp+ny o~ comp+nia a th~ MORTGA(iEE m+y dinctt and ~II fk~ and wind~a~m inwanc~ policies on ~ny of said buiWinps. ~ny InMrtst thaein o~ paA thsrwf, in tM ~~e~sq wm ~fae~ald w in ~xc„s tMrwf, ~hall conqln 1M uw+l standud matps~ cl~us~ or such othN claus~ u tM MortyayN maY nqvin. m+kinp ths lof~ u~ said pdF ciN. ~ach ~nd ~very. paYabl~ to uid lNORTGAGEE +s its inter~st may ~ppa+r. +~+d e+ch and ~wry such polky aMll b~ prompfly us:y~ed and d~liv~d ~o any MW by said MORTGAGEE ~s funMr security to ~+id mortpay~ dsb~, +nd, not I~ss tMn t~n (10) daY~ to ~d~+nte oi tl+~ expiration of ~ath polity, to da IivM to s~id MORTGAGEE • rMewal tMnof, fop~tM~ with a nt~ipt for tM p.emium of wch ren~w~l; and tMr~ ihall b~ ~o fu~ w wi~datam tnwwnc~ plaad on a+y of ~aid buildiep~. ~~y intetat ther~in w put th~nof, unku io tM torm'and with tM bu p~yabl~ +s sfoniatdj ~nd in tl+~ ~vent any wen of ma+~y bsca~w~ paY+bl~ w~d~r wch Policy °r P°lici~s said MORTGAGEE sA+ll haw th~ option ro rsceiw u+d ~pply tM sam~ a+ ~ccount o~ tM ind~btd~ nas s~cvr~d F~~by w a p~rmi~ aid MORTGAGORS ro reuiw and ~s~ it or ~ny pan thereof fo. o~her pu.poses. wi~hout ~hxeb~ waiving w imp~ir- inp any p~;fy, li~e~ a ripht w+dar w by virtw of this mortya9~t u~d in th~ ~vtnt s~id MORTGAGORS sh~ll for ~oy rtawn iail fo ke~p tM said pr~nuses so iniw~d, w fail w d~livcr pranptly se~y of iaid policies of insunnu ro said MORTGAGEE, w fail prompNy to p+y fully any premium thersfw a in u?y ~pM fail to pMforn~, d'wchup~, ~x~wte, ~ffect, compkt~. comply wi~h ~+d abid~ by this covenant, or sny pah hKeof, said MORTGACsEE may pl~ce +nd WY fw wch iiawae~ or u~y p~rt tMreof witl~ovl w~hrinp or ~ff~ctinp aoy optlon, li~n. ~4ultY, w ri~ht und~? a by virtw oE this Mat~ap~. ~nd the f~ll amovet of ~ad~ and w~y wd+ paymN+t slwll be imm~diatdy dw aed py~bl~ ~nd sh+ll beu inhres~ from ths dat~ tl+Keof until paid M th~ wq o1 nir» pK antum pK arowm and topether with wcA tnterest thall be secvrad by the li~n of this mort~+p~. I. To pKmit, rommit a wff~r ~o w~st~, imP+irmeM at detaiorat;on of said propaty w+oY P+N thereof. S. To pay all snd sinpvla th~.oosts, chupes and expanses, ieclvdinp s r~ason+ble sttorney's fee snd costs of abstracts of title. irKwred w p+id. a~ sny time bp faid MORTGAGEQ b~caus! a in tM ~wnt of tM failuro on tl+~ psh of the s~id MORTGAGOR ro duly, prompUy ~nd fully parform, dixharq~ execvt~. ~ff~ct. oomp:et~, complY with u~d ab~de by esch and every the sYrpulstio~s. ~yreements, ~tiau, and oovenanb of said prom+swry note and this mafyaQe any or a~ha. ~nd said cosn. ch+?pes and experws, each and every, shall b~ immediately dve and payablr, whetMr a not tMr~ b~ i+otice da mand, atten+p~ ro collect a wit p~+~d~np: +nd ths fvll ~nt of each and eve.y soch p~ym~nt sMll bear interest from tM d~t~ thereof unril p~id ~t tl+~ rate of nine per eentvm pK annum; and all s~id tbsts, tharges and ezpensss itrcvrred o? paid. Iogethsr with svch intenst, shall b~ sacured by tM liae of thi~ ^wrtpap~. p. 1h~t ln tM event of any brcsch of tAis MortyaQ~ o? defavlt on ths psN of tF?e MORTGAGOR, w(b) in the ~wnt any of ~aid twns of money her~i~ r~fKred to b~ rat promptly and fully paid within thirfy (30) dsys next after the same s~ver~lly betome dve and pay~bM. without dtm+nd or ~otite, or in the ~vent each and every th~ stipulations, ~greemen», conditions and coven+ots of sa~d promissory note aod th~s morty+~e +ny or either ~r~ no1 , iuly, promptly uid fvlly pKfwmad. dischsrged, executed, effected, completed. complied with ~nd abided by, then in either w ~ny svch ewnt tM said a¢ prey~M sum mentioned in aid promissory note tMn remaininp ~~paid, with interest acuued, and all ma~eys s~cured hereby, shsll becortN dw u~d pap able fathwitl~, w thereaher, ~t the optron of said 1NORTGAGEE, u fully ard completely as ii all of the said sums of ma~ey wero wginalty atipulated ro be paid a+ such day, anything in said promiuory note or in this Mortgage to the contrary notwithstandi?~g; and there~rpon w thereafte~ st tha option of said MORTGAGEE, withovt notice a demand, wif ~t law or i~ puity, the~zfwe w 1ANN~fN be9un, m+y be prosccuted as if all maieyt secur~d hsreby F~ad m~tured ~ar to iri i~stitution. 7. That in tM event that ~t the beginning of w ~t ~ny time pe~ding aoy wit upon this Mortyaye, a to faeclose it, or to nfwm h, a to enfom payment of any claims here~nder, said NIORTGAGEE shall ~pply to the Court h~ving jwisd~iAn fhereof iw the i~W~1fITlflf Of a RKQIVN. wch Go~?t sh~ll fartliwith ~ppoint s receive~ of said matgaged ptoperty all and sinpular, includ~np ~II and singulu the income, p~o(its, iswes ~nd revenves from what~vtr sourc~ dKived, tacl+ a~d everl? of wh~ch, it be+rg expressly understood, ia hereby mortgsged u if spec~fiully set fath and d~scribed in the yrantinp and h~b~ndwn clauses Iroreof, ~nd such Rectiver shall have all the broad and effen7ve fu~ct~ons and powers in snyw~se cntn?sted by a_Court to a Receivar, ~nd such ~ppointment shall be made by wch Court u~n sdmitted equity a~d a m+tter of absdute rght to said MORTGAGEE, and without refereoce ro the adequacy w insdeqwcy of the v~lw of the p?bpe~ty mwtgaged a to the wnrcncy or insolvency of said lNORiGAGOR or rhe defenda~n, and that such rents, profits, income, iuues ~nd revenves shall be spplied by :uch Receiva accwd~r+y to the lien w equiry of said MORTGAGEE and tha practice of such Court. 8. To dvly, p~omPtly and futly perform. dxha.ge, execvte, effect, mmplete, comply with and abide by:eadt aeid every ths stipvlations, apreemenb, conditioos and covcnants in said pramissory note and this mortgage ut forth. " , i . 9. That In the event the ownenhip of the mwtgsged premises, or sny pan thereof, becomea vested in • peraon other than the MORTGAGOR, th~ MORTGAGEE, iri wccessors and suiyns, may, wi~hout notice to the MORTGAOR, de+l with such succeuw or successor in interesf with reference to ihia mortyaye ~nd the debt hereby secured in the ume msnner as with Mortgagw withovt in a~y way vitiating or discharging the Mwtgagors' lisbility hera under or upon the debt hereby secured. No ule of tFx premises F?ereby mortgaged and no fwbeuance on the part of the MORTGAGEE a its successon w~ssigns ~nd no extension of the time for the psyment of the dcbt hereby secured y'rven by the MORTGAGEE or itt successors or auigns, shall operalt to rekas~, discharge, modify ch+nge or affect the aginal liability of the MORTGAGOR tKrein, either in whok or in put. 10. It is spec~fically agreed that time is of the essence of this contract and th~t no wsiver of eny obl'gstan hereunder a of th~ obligaYan se- a,red hereby shall st any time thereafte? be held to be a waiver of the temu hereof a of the instrument secured herby. )1, tn additan to the fwego:ng monthly psyments of princ:ppl and interest required by the promissory note secured hereby, mortgagor covenants snd ag~ees to pay to mortgagee with each montMy payment an additional sum estimated by mortg~gee ro be eqval to 1/12 of the annual cost=of the follow- ~^9~ . . - A-All ~eal property tsxes kvied or ssussed against the above desc?ibed real estate. ~ ~ B-Premiums on fire and windstorm insurance as htrein reqv~red to be urried on the improvements sitvate on the above desvibed premises. i C-Premiums on such mortgage guaranty irisurance ~a mortgsgee shall from t~me to time desm fit to ca~ry on the loan secured ixreby. ~ Mortg~gee shall from tinie to rime notify mortgagor in writing of the amount due and pay+ble hcteunder and such wm shall thereupon be dve and ! pay~ble on the due date of the ~ext monthly paymem and each successive month thereafter until mortgagee shall notify mortgagor of a change in such ~ amou~t. Such wms shall be applied by mortgagee toward the payment of real property taxes, insurance prtm:ums, snd mortgage guaranfy inwrance premiums. S IN WITNESS'WHEREOF, the said MORTGAGOR has hereunto xt his hsnd and seal the day snd y fint ssaid. Sipmd. S~a and ~ ered in tM presence of: ~ - . . n n ~ • n--n ~ K..~ TE OF fIORIDA ~ . • S5. ~W~ ~ St. Lucie . • defon me p~nooally ~ppeared ~ A~ PB~Y` _ ~ed ~ T.nt1i aw PslltnAr his w;fe, ro n,e w.ll k~own and known ro me to b. ~ ~ the irwlividwb dtstribed in and who taecuted the fueyoinp instrument, and ~cknowtedged before me that tfiey executed tlw sarrw fa the pvrpose~ ,,1et~~, ~„d ,,;a Loui s e P almer ~ .vii~ of th~ s~id w~ A~ Palmer vpon • separ~te ~nd pr'nrah ~ s:~minatiw~ by rn~ t~ksn stparate and spart from FKr said husband, ~cknowled~ed ro and befw~ me that she executed s~id instrvment fr~ely ~rd rolun- g; tarily and witho~t uqr compubion, constraint, a • _s pprehension,~yr fe~r of a from h~r said husband. L{~ YVITNESS my h~nd ~nd official seal this ~~~~~C day of A. 0. 19~ ~ ~ Notary Pu in ~nd for ths Saq of Fbrid~ ~t lu~ ~ My Com sion ~apir~s: ,~K'. i 1~/ RNurn To: ~ fira f.d.rd Sa~irp• i lwn As,oci•r;on ' :otary :~+blic, Sbte ol FioRda at Lar~ ~ a fo~~ PK.«. ~ ~ ~ ~,h, c~~, ~ 6. ~n ~ fort Pi~rte. Flaid~ ' ' ~ 1 ~ ~ ; J~ • • • ; 1s.aw ~ e~~ ta ~ ran~c f~ . ~~y . ~ = •r,-~' ~ = FILEO AND RECOROEO' ~ This ins{rument p~fe ~r~d ~ _ : j~ : ; _ i . . ST.{LU~c~E COUR Fi~ pLA. ~ First Federal Sar• _ _ . , _ : _ _ ~ ~ ot Fort ~eru . . . Q:~ = 16'73~s , ~ , • f y~ :,.J"'~-4,~t`,, B t~an ~riaat . '68 MAY 22 IIN 10' 2 . ' ~ ~ m , 600K1~1 PAGE~~~ ~ . '`U:}E~s ~'O~TR~S rb CLERK CIRCUIT COURT ~ ~ ; ~d,~_ - .