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Home My WebLink About2201 ` t S ~ ~ . . . t t ` ~ J. To pl~ts and continuou~ly kt~p on tht buildinps now or htr~+ftK ~ituut on said lu~d and on all equlpmtnt u.d ptnonally covH~d by tNa nwrtq~ ~ p~, with all pr~miwra ~hs+~on p+~d 'a+ hrll, fin insur~nc~ in tFr ~w~l iundard policy fwm, ~n ~ s~nn approwd by tM MORTGAGEE. ~nd windstwm } iniwa~a (n tM uswl standud pol~cy form, in ~ wm spproved by tM lNORT3AGEE. in such company o~ ca*~P+^iy +s ~M MORTGAGEE m+y dinctt a~d all iin and wi~dstorm inwranc~ polkies on +ny of s~id b~ild~npa, ~ey intH~s~ tF~~in a p~h tMnol, in s!w a~qrpat~ swn ~for~aid a In ~xcsu ~Mr~of. ihall contain th~ vsual u~ndud mort9a~~e tlavse a iuch othN clsus~ u tM Malya~e~ m+y nq~in, makinp tM bss unda said poli~ cin. ~ach u~d ~wry. p+Y+bk w s+id MORTGAGEE u its interest may ~ppNr. and ~ach and ~wry svch policy shall b~ pron?ptly +is:gned and delivered ~o ~ny MId by said MORTGAGEE u fwther ~scu~ity ro said mortyay~ deb~, and, no1 leu th~n Mn (10) dayf io ~dvanc~ of tM ezplr~Yron of e~ch policy. to dM ;;vu tp ssid MORTGAGEE ~ r~newsl thsrwf, topetM? with a rece~pt fw tM pnmium of wcA r~new~l; s~d ~Mr~ sMll b~ no fir~ w windstam inwranc~ pl~csd an ~ny of uid buiWinps, ~ny interest tl~~in a pa.t ther~of. unl~u in ~h~ fonn'and wi~h tM loss WyaW~ u atons~idj ~nd in the ~vsnt any sum of mon~y becanes p~y+bl~ utd~t such polity or po~iti~s s+id MORTGAGEE shall Mw tM option to receiw and +pply 1M same on accow+l o~ ~M i~+d~btad~ n~ss ~ecund h~nby or ro peimil said MORTGAGORS to ~ateive and ua~ it a any part thereof fo~ other pu~poses, without thareb~ waivi~g o~ ~mpair- inp any puity, IiM ot ripht vndN ot by v4tu~ of this mors~+~~t ~e~d in tF~ ~vent aid MORTGAGORS sl++ll fa sny r~ason fail ro keep the said pnmiae~ w insur~d, a fall W tklivK promptly ~ny of s~id polities of insunnu to s+id MORTGAGEE. w fail ptomptly to p~y iw~y ~ny prw.~w..: ~7.e~a!zt cr fa any roipatt fail b pKfocn~, disch~rpe, ~xecut~, ~ffad, compltM, tomply with and ~biiM by this covenan~, or aqy paA hereof, said MORiGAGEE may pl~te ~nd paY fw such in~wa~u w~ny part tA~reof wirhout walvinp a affectinp unr option. ~i~n. equ~h?, o~ ryh~ v~dx or by vinw of this Morrpye, and ~M full amount of each a~d ~vary ~uch p+yment s!=!! ~ e-~%s*~y dw snd piyabt~ ~nd sh~ll bsar int~retl from tM dat~ the~~of until paid a~ tht rat~ of nine pK oa~tum p~r ~nrwm and to~ether with suth intereit shall be iecund by the Iwn of this mort~ap~. 4. To pennit, oommtt or wffa no wast~, imp+irment or deteriw~tion of wid property w~ny part thereof- S. To p~y all ar+d si~p~lar the.costs, charpes ~nd expenses, incl~rdiny a resionable sttwney i fee ~nd oosts of sbstr~c» of title, ie?c~rred W p+id +t eny t&n~ by said MORTGAGEE, b~taus! a in the event of ths failure on tM pa?t of tM asid MORTGAGOR M duly, promptly ~nd fully pe~form, dixhargR execut~. ~+fset. oomplet~, aomphr w~th u+d abid~ by ~ad+ and every the ttipulations, sgreements, conditiais. ~nd oove~ants of said promiisory note and thw mortysp~ aMr w at!?a~. u~d ~sid costs, chupes and ~xperres, esch ~nd ~very. sMtl be immedi~tely dw u?d payabb: whethe~ or ~ot th~re b~ notice d~ mand, att~mpt w cdkcl a wit pa~d'rg: snd th~ (vll ~rtio~rnt of esch ~nd every sixh paYment ah~ll be~. interest frwn U+s date thereof until p~id at the rate of nine per centum per ~nnum; a?~d sll s+id cbsn. charges and eapenses incurred w paid. together w~th such intenst, thatl b~ secured by tM IiM of this ^art9~• A. That W in the ~vant of ~ny bresch of this Mort~sp~ o~ defwlt on ths part of the lNORTGAGOR, a(b) in the event ~oy of ~std sums of money herein r~f~rr~d ro b~ not pranptly ~nd fully paid within thirty (30) days ~ext aftH the same sever~lly become due ~nd p~yabl~. wi:hout dem~nd w notrce. or in tht ~wnt esch and ewry the stipulations, agreemenn. condiYans and cown~nn of w~d promissory note and this mortg~e any w either ar~ no1 iuly, promptly and fully performed, d~schsrped, executed, effeded. completed, compl~ed with aod abided by. then in e~thtr a any such ~vent ths said a~ pre~t~ wm mentia~ed in said promiuwy note then rem~ining unpaid. with intaesl scuued. and a11 moneys srcured hereby, ahall becort~s dw aod p+y~ ab1~ forthwith, w thereahe+, at ths option of said MORTGAGEE, u fully and oanpletely ss if ~II of the wid sums of money were oripinally iGpubted to bs paid on such day, anythirg in said promiuary note or in tha Mortgage to the conaary notwithsunding; and thereupon or thrNf~er at tAs option'of sa~d MORTGAGEE, witFaut notice w demand, suil ~t law or in puity~ tlK~tfOf! Of 1F1NNfiN begun, may be prosecuted as if all rnoneys sacurad hereby had matwed priw to iri iMtitution. , 7. That in ths event that ~t the beginniny of a at any time pending aoy suit ~pon this Mortgage, or to foreclose it, a to refwm it, a to enfwa payment of any claims I+ereunder, said NWRTGAGEE sh~ll apply to the Co~rt h~ving jurisdKtion thereof for the appo~ntment of • Receiver, such Covn sMll fortliwith appanl ~:eceive~ of iaid mortg~ged property d~ u?d singulu, inctud~ng all and singular tl~s income, profits, iuues and revenues from whatever sovrc~ derived, exh and every of wFiKh, it being expressly unde~stood, is he~eby mortgaged u if specifically set fwth a~d described in the pranting and habenJum clavses hereof, and such Receiver shsll have ~II the ixosd and effective funcGOns and powers in anywise eMrusted by • Covrt to a Receiver, ~nd such appointment shall be msde by wch Court is an admitted equity snd a maud of absolute riyht to said MORTGAGEE, ar~d without reference ro the adeq~acy o~ insdeqwcy of the wlu~ of the property matgsged w ro the wn~ency or iawlvency ot said MORTGAGOR w the defendann, +nd thst such ren~s, profits, incane, iuues and revenves shsll be applied by such Receiver accordiny to the lien w equity of said MORTGAGEE and Ihe practice of such Court. e. To duly, promptty snd fully perform, disch~rge, e:ecute, ef(ect, complete, comply with ~nd abide by each and every tla stipulatioas, sgreemenb, conditaro and covenants in said promissory note u?d this mortgage set forth. " 4. Tfut in si~ a:sat s!x ownership of the mortgayed promises. or any paA thereof, becomes vested in a person other thsn the MORiGAGOR, th~ MORTGAGEE, in succeuors and suiyns, msy, without no~ice to the MORTGAOR, deal with such successor Of fLYCOSSW in interest with reference to this mo.tg~ge ~nd t!x debt hereby secwed in the ssme mannei u with Nbrtgsgw withoW i~ any way viti~ting w dixhsrging the Mo~tgagors' liability here- under a upon the debt hereby ucured. No sale of the preA~ses hereby mortgaged and no fabeErarxe ~on the pan of tF~e MORTGAGEE or its successors or ~ssigns ~nd no extension of the time for the p~ymem of the aebt hereby secured given by ~he MORTGAGEE or in wccessors or auigns, sF?all operaro ro reltast, dixMr~e, modify ch+nge w affect the orig~nal liability of the MORTGAGOR herein, either in wFwk w ie part. 10. h is spec~fically sgreed that time is of tl+e essence of thn contract snd that no waiver of any obtigatio~ hereurxkr or of ths obliyatioe~ se- n.red hereby sMll at any t~me thereafter be Ixld fo be a waiver of the terms hereof w of the instrument secured herby. , 11. In add~tion ro the forego:ng monthly payments of princ:p'I and interest required by the promissory ~te secured hereby, mortgagor covenants and ~grees to pay ro mortgsgee wirh each monthly payment an add~rionsl sum estimated by mortgagee to be equal to 1/12 of the annuat cost of the follow- ing: A-All re~I property taxes kvied w assessed against the above desvibed real eststa B-Premi~ms on fire and windstorm i~surance as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mwtgsge gwranry insurance as mortgagee shsll from time to time deem fit to carry on the loan secured hereby. AM1orig+gee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter vr:til mortgsgee sFwll notify mortgagor of a change in wch ! amount. Such sums shall be applied by mo?tgagee toward the payment of real property taxes, insurance prem:vms, snd mortgage guannty insurarxe i premiums. ~ IN WITNESS WH , the ssid MORTGAGOR has hereunto set his hand and :eal the day s r firs foresaid. ~ ~ Sipiwd, Stakd del' ' tM of:~ t ~ +4 cs~.n ..[,C-i E~ _ ~ _ _ q i 1 STATE OF FLORIDA ~ ~ St. Lucie counrnr oF • ~fa! ~ ~~~~r.~~ Elmer E. Bass .~d Hazel L: BgSS. his wife, to me well known and k~own to me to b~ the i~d;vidwb dacr;bed in ~nd wFa eYecuted rhe fuegarg instrument, and acknowledped before me that they txecuted the wmt for the purposes - ~?x~.in ~cpre,..d. Ana rh..+id Ha2ell-~,.Bass, ~ w+f~ d tM said Elmer E. BdSS vpon • sepa.ate ~nd prirrt~ " e:amination by ~ taken iepara~e and +part f~om her said husb+nd. ~dc?awledged to and befwe rt~ that she executed said iastrumaM freely and vo{urf ~ rar~ly and w~tlwvt u1Y compulsion, corutraint, apprehens~~,.w feu of w from her ~aid Iwsband. ~ WITNE55 my h+nd and oHicial s~al thi* ~ s~z, day oi J~ A. D. 19 68 ~ ~ ' Cl wuarC/ ~ 1 ' [ Not~ry PubIK in and fw tM ~tat~ of florida at lar~ ~ ~u?y comm~ss!«+ .xpir.s: / . - L - 7 / R~turn To: FILEO ANO RECORDED ~ First F~deral Savinps i twn Assoc~++an $T. LUCIE CQUNTY. FLA. MrT~~ ~fIIC, fTATE OF R~R4A AT W~,E ~ O} Fort P~erte. ~ ~ ~ 1~(;. ~M~SS~ON E~tPIRES NOY. Z6. 19,1 ~ Fort P~erce. Flor~da Q~f~,,j TNRO~M ~RCO r. o~~sTS~NOw¦ ~~VI •V ~ '68 JUl 16 AM t0:27 - ~ ~ - . ' ~ ..v ,•~)~~~:.s " - ~ . This instrumer~ prePared b~? C~ERK.CIF2CUIT COURT - - . Fi~st federal Sav~ i loao Assn. - - ; pf f~ha i~ain d00K~~ PACF~r1t7V ~ J. . ck ~ _ ~5 _ - . . - - - - ~a _ . _