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Home My WebLink About1518 • . + . : To plsc~ and co++tinuously keep on tM buildings now a here+ftK situsq on iaid la~d and on ~11 equipment and p~non~lly cov~r~d by this n+at¢ ay~, with ~II prtmiurtl~ lM~eo~ paid in full, firs insur~nc~ in the usual sta~dard polity (am, ~in a ~wn ~pptov~d by tM MORTGAGEE, a~d wind~torm inwr~na in tM vswl stsndard pol~cy fam, in + ium ~pproved by tM MORTGAGEE, in tuch company or tompani~s a tM MORTGAGEE may dindt and all fir~ ~od wind~~orm inaurance policies on ~ny of said bvildinps, ~ny inhr~st ther~in w put tMrwf, in tl+~ ~pyreyat~ swn ~for~said a~ In ~:ceu thenof. shall cortain ~M wwl ~tandud mat9ape~ cl~vs~ or iuch otM~ tlavs~ ~s tM Mwtyape~ msY ?puw. e~+kinp tM bss undM s+id poiF ci~s. ach and ~v~.y. par+bl~ ro said MORTGAGEE as its intaet) may apptar. +nd each and every t~rch policy iMtl be promptly ~ss:9~ed ~+d d~livered to any held by said MORTGAGEE ~s iunMr uc~~iry to said mortpsp~ d~b~, ~nd, no~ ku tFwn tee~ (10) days in adv~nc~ of tM •zpir~tion of each policy, w dr liw~ to said MORTGAGEE • ran~wal th~reof, fopethK with a race~pt for the premium of such ~Hwwal~ ar~d tl+en shsll b~ no fin or windatwm inw?anu pl~t~d on ~ny of aid buildirgs, ~ny intert~t tl?Ktin or put fMr~of, ~nless in tM form' and w~th 1M loss paYable as ~fw~saidt and in th~ ~v~nt a~y wm of nan~y becomy pay+a~ unde~ such PulicY w Petici~s s+id MORTGAGEE shall Mw ~M optan to recsiw ux! apply tM sam~ on aaoun~ 01 tM in~bt~ rwss secvr~d I~~by or to permit ssid MORTGAGORS ro ~etaive and ~s~ if w aoy pa~t thereo( 1or othcr purposes, wilhout thereb/ waiviny w impa~r• ing anY pu;ty. li~n or riyhl ander a by virtv~ oi this mortys~~: K+d in tM ~va?t said MORTGAGORS shall for ~ey ressoe f~il to ke~p the said p~~miset so in~ur~d, a fail ro deliver p?omptly any of fAid pOIiCIM OI insu~nce to said MORTGAGEE, or fail promptly to pay fvlly any premium tfierefw a in any ~ reipect (~il b p~rforen. cliscMr9e, executs, effed, complet~, comply with u+d abide by this coven~nt, or any part hawf, ssid MORTGAGEE may pl~ce a~+d paY for such inswanc~ a ~~y p+N theroof without w~lvirg or ~ffectinp anY option, ItN+, puity, or riyht uadK or by virtw of this lNort9a~e. and ths ~ full amovnt of each and ~wry tuth paymenf thall be immed~ately du~ and p~yabl~ u~d sMll beu int~rest from ths dat~ thenof uotil paid a~ tM rat~ ol nine pK centum pa a~num ~nd together with such interest ihsll be secured by tM lien of this mort9ape. 1. To pumit, .Aeewidt or suffer no wast~. impai~mem a deteriwa~ion of a~d properry a u?y pati thenof. S. To pay all ~nd rnputu the <osri, charpes and ~xpenses, includir?~ • reason~blt sttorney's fee and oosts of abstracts of title, incuned w paid at , any Yime by iaid lNORTGAGEE, becavse a in the event of the failure on the paN of the ssid MORTGAGOR ro duly, {xomptly and fvlly perform. dixMrgR • execvte, effect, compl~ts, comply with and ~bide by ~ach ~nd every the stipulations, ~groements, conditia~s. s~d ooveo+nb of said promissory note a~d this t mort9ap~ ~ny w eithar. and sa~d costs, ch+rgts and e:perres, each and every, sMll be immediately dw and paysbl~: whether w not thtre b~ notici ds ~ mand, ~ttempt ro collecl or wit pei+d~rg; ~nd the full smount of each and tvery wth payment sMll bear intcrest from the date thereof uNit p~id at the rate of nine pe~ centum pe? amwm; and all said ccsts, charges s~d expenses incurred or paid, togethe? with suth interest, sh~ll b~ Ncured by th~ li~n of this ~ mortysp~. ~ 6. ihat j~) in the event of a~+y breach of this Mortyspe a default on tFr part of the MORTGAGOR, w(b) io the event u+y of s~~d wms of mo~e~r herein r~ferred to be no1 prorr.ptly and fully paid within thirty (30) days next afte? the same severatty become due ~nd payable, without demaed o~ notite, ~ or in th~ wee~t esch and every the stipulations, agreemenb, cond~tions and toven+nts of ss~d promiuory note and tl?~s mortyape any a either ~n no1 iuly, promptly and fully perfwmed, d~scharged. executed, effected. completed, complied wifh and abided by. that+ in e~ther w any such event tM said a~ gres~at~ wm mentaned in ssid promissory note then remaining unp~id. with iroeresl acuued, and all moneys aetured hereby, sM1F be~;dw ~nd pay~ ' eble fwthwith, or theresfter, ~t the option of said MORTGAGEE, as fv1ly ard completely as if all of the said sums of money were orgin~lly atipulated to be paid on wch day, anything i~ said promiuory note w in this Mortyage to tM contrary notwithstsndinp; and thcre~pon or thereafter at ths option of ~ said MORTGAGEE, without ~otice or demsod, suit at law or in equity, therefore or thereaftf? begw+, may be prosecuted u if all moneys secvred hereby I had m~tured prror to ib inslitWion. 7. Th+f in ths QYM} !hat at the beginni~g of w st sny time pending aoy suit vpon this Mortgage, a to fwxlose it, o? to refam it, q to enfwce payment of ~ny daims he~eunder, said MOR7GAGEE shall apply to the Court having ju?isdiction thereof for the appantment of ~ Receiver, such Gourt shsll iortFiwith appoint s receive~ of said mortgaged property all and singular, includmg all and singular the income, proiits, iswes ~nd revcnues from whatever sourtt derived, exh and every of which, it being e~pressly untkrstood, is hereby mortgaged as if spetificslly set fath and• deKribed in the grantinp snd habendum clavses hereof, and such Receirer shall hsve all the broad and eifective funct~ona and povren in snywise entrusted by ~ Cr,:;=: :a a or;eiver, and iuch sppointment shall be made by wch Court ~s sn admitted equity and a matter of absotute right to aid MORTGAGEE, snd without reference fo the adeqvacy a in~dequrcy of the value of the property mortgaged a to the wnrency or inso~vency of said MORTGAGOR o~ the defendanq, and thst such renrs, profits, income, iswes and revenues shall be apptied by such Receiver accordiny to the lien or eqvity of said N10RTGAGEE and ths pr~ctice of such ~ Cout1. _ 8. To du1y, promptly and fully perform, discharge, execute, effect, complete, tomply with s~d ab~de by each ~nd every the stipulations, sgreemenb, cw~ditqns ud covenants :r. said promissory note snd this mortgsge set forth. c 9. TMt in the evtnt the ow~xnhip of the mortgaged prcmises, w any paH thcreof, becomes vested in • person other than the MORTGAGOR, the } MORTGAGEE, its successas and sssigns, may, without notice to the MORTGAOR, deal with such successor a successor in intcrest with reference to thia j mor~gage and the dcbt hereby secured in the same manner as with Mortgago~ without in any way vitiating p dixhuging the Mwtgagori liability he?e- under a vpon the debt F?ereby secured. No sale of the premises ixreby mortg~ged and oo fabearance on the paA of tF~e MORTGAGEf a its successon or euigns and no extension of the time fw the p~yment of the debt hereby setured ~iven by the MORTGAGEE w ib suctessots ot sstiyes, shall operats ro release, d~xharye, modify change w sffect the uginal liability of the MORTGAGOR herein, either in whole or in psrt. ~ 10. h is specifically agreed that time is of the esxnce of this contnd and that no waiver of any obligaYwn hereunder or of the oblig~tion sr ~ cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof or of ti. instr~ment setured herby. d~tion to the forego:ng monrhly payments of princ:pD~ and interost required by the promiuory noee sec~red hereby, mortgagor s and ~grees to pay to ~ith each momhly psyment an add~rronal sum estimated by mortgagee to be equal to 1/12 of the ann o the follow- ing: A-All real property taxes levied or asxssed against the above real estate. ' B-Premiums on fire and windstorm insvrance as herein requ;red to be carri nts situate on the above described premius. ' C-Premiums on sucli mortgsgc guannry insurance as mortgagee ~me to time deem ~ on the ban secured hereby. ? Mortgagee shall from time 1o time notify mort ' writirg of the amount due and payable hercunder an s w?ita ereupon be due and ~ payable on the due date of the y payment and each successive month therc~fter urtil mprtgsgee shal) ratify mortgagor o a in such j amount. Such applied by mortgagee toward the p+yment of real property taxes, insvrance prtm:ums, and mortgage guaranty insu t ~ IN W17NESS WHEREOF, t said MORTGAGOR has hereunto set his hsnd and sesl the day s yesr finf afor i E 5i~ ~ a""~~~~ AND REC4RDE0'• ~ ~ . LUCIE COUNTY, FLA. . 'n ~ _ R~:^OR;; = RIFIED ~ ~ 168^28 ° ~ ~n ~ 5'ATE OF fLORIDA 'G8 JUN ~ ~ I• Z~ ~ .C i ~ couNn oF St. Lucie ~ i{ ~ .t'1'~t-~ , ; ~ defwe m~ pKSOn~lly ~pp~ared ~ 0 C L~;'t71~~16St C~ LUridbelg ~ Pho~iiK Ql~i2ilf~~URT his w~(e, to me well known and known ro me to b~ t the individwts described in and wFa executed tt?e foreyoiny imtrum~r?t, ~nd sckrwwledyed before me tMt they executed the same fo? the purposes } ~ ~r,«QM .:~.~d. a,d ~h. ,.~a Phoebe W. Lundberg ~ ~ w~fe o1 ~M s+id B1ri@St C• Lundberg upa? • sep~rat~ snd prGvaN ~ ~ ex~:n~n~t:on by me taken s~parate and apart from her said husband, acknowledged b and befwe m~ that sM executed said irotrument freely u~d voluo- ~e.~ly snd withovt uyr compubion, constraint, apprehera~on,Lor feu of or from he~ said husbar~d. ~ WITNESS m i»nd ~nd official seal thi~ ~ y Y day of `J~ e A. D. 19 68 j ~ ~t = Notary Publ' n ar+d for fhe State of fbrida tl Larp~ ~ My Commi an eapires: ~ 9 7/ R~rwn ro: ~ iint F~dera) Savin~s i loan Associat:on • Nfltrry PU~rK, State oi fiorida at (arqe ~ Oi Fort P~erce. " ~ !Nt: Mr Commission,Ex~res auq. 6, 1971 ~ Fort P~erce, flo~~da . r' ~ ~ y ~ ~~a h Aa~c+~ fa+~ ~s ~ ~ ~ ~ ~ , ' ` ~y~ ; ~t % ~ 3 _ ' Y - ~ This instrumertt prep2red by ~ . ~b.~.,~'~~ ~ = first Federal Sav. & loan AssA. _ - , : o ~ - • ~ fFrt ~ ~ ' ~ ' ~ ` ' _ ~ a - , . - ~ . ~ ~ ~ R ~ n ~ ~ ~ 80UI( FJk.E , , _ _ . _ - - - ~ $ r ~ . -.s=~. - ~~r~:~ -