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Home My WebLink About0385 . x 1 . To plac~ and contiiwously kNp on tM buildirgs now a he?eaftK sitvaq on said land and on ~II equipmeet ~nd pNSaully covK~d by this ma1q~ p~, with ~II pr~mivr~t~ tMreon p+id in full, fi~~ insur~nc~ ~n the usval standard policy fam, ~n ~ ~wr1 nPpr~~d~~^~~RT~GE~R ~~~~y inswanc~ in tlw uwal ata~d+rd pol~cy form. in a~um approved by ~M MORTGAGEE. in wch canp+ Y dihct~ and ~11 tin ~nd wir~torm inwrae~u pO1KiN on +ny of i~id IXIIIdin~f, iA~i i1110~~7t IMf~M 01 put t!?Kwf, in tM +p~re~t~ svm afatwid or !n ucoKS Iherwf. shill contain tf+~ uswl titandud mortyapN clsuse a ivch othar d+uss ~s tM Matp+~ m+y ~puir~. makinp tM loss undN said po1E ci~a. ~sch and tve~Y. WYabt~ w iaid MORTGAGEE a ib interat en~y ~ppN~. +~d e+ch and eve+y s~?ch poliq ih~ll b~ promptly us:ye~ed u~d d~liv~nd to ~ny h~ld by said NIORTGAGEE u fuNher sea+riry to ssid mo?t9ape debt. ~nd, no1 less tMn te~ l10) d+YS in +dvanc~ of tht ~xpaaYan of each policy, ro dr IivN to a~id MORTGAGEE • ree~wal tMr~of, to9e~Mr with a_ nteipt for 1he premiwn of wch renewaiJ ar+d ther~ sh~ll b~ ro fir~ a windstwm iesvr~ou pl~ad on ~ny of s+id buitdirgs, ~ny iotet~st ths~an or p+rt.thaeof. unless in tFK iwm'+nd wirh tM lois p+ysble st atortiaid: a~d in tM eveM any suen of moMy becana pay+bl~ under s~d+ PolicY a Po~K'+s s+'d MORTGAGEE shall h~w tM optan to receiw and spply tM s+m~ on ~ccow?~ 01 tM ind~bted~ n~ss ~yr~d hK~py p to pirmit said MORTGAGORS to receive and us~ it a any pa~t thereof fw ofher purpous. wi~hout ~he~eb~ waivin9 a unpair- Inp any puiry, lien a ight under or by vi~tw of this mortpa~i x+d in tM event wid MORTGAGORS shall fa~ any reaion fail to ke~p the ssid pr~nutea so insu~~d, or bil b d~liva panplty sny of said polities of inwnnce ro said MORTGAGEE, a fail promptly to pay fully a~y premivm therefw a in anr nspecl fail b pafan4 dischu~, e:ecut~, ~ffect. oompiet~. compb with +od ~bid~ bY this eovensnt, a any p~rt hs*sof, said MORTGAGEE m+y pl~ce ~nd paY fa wd~ h~wrancf or any p~n tMreof without waNinp or sffettinp aery option, (ie~, equity. a rghf under a by virtu~ of this Mat~sp~. a~d the full ~naunt of Nch ~nd wery wch PaYrn~+t sh+ll F.~ imm~diaroty dw ~nd psyabM ~nd ahal!_ besr interest from tFa datt tMreof w?til paid a1 tht nb ol nirr pN ar~tvm pa ~n?um u~d ~ogethe~ wifh sucA inte.est il?~II be secund by th~ lien of this oT-f9+ye. 1. To psrmit. oonuest or wffer oo wasl~, irnpairment a deterioration of wid propeny or anY P+rt thereof. 3. To piy ~II and sinpvlar th~.cosh, cl~arpes and exPsnses. includirg s reawnsble snorney's fes and aosts of sbstr~cb of title, k~cured o? paid st ~ny thn~ by s+id MORTGAGEE, b~caus~ a ie the ~wnt of ths failure on the pan of the s~id MORTGAGOR ro duly, promptly ~nd fully paforn?, dixhuy~t execvte, effect, canplet~. canpl~r with ~nd abide by each ~nd every the stipul~tions. apreemen». condi+ions. +od coven+nn of sad praniuo.y rare ~+d ~hi~ monya~ any w ~itha~. and said cwM, charpes and experres, each and ~very. shall be i.~?mediately d~e and payabl~: whether w not tl~er~ b~ ~otici dt rr~and, ~n~mp~ to oollsct a~uit psndieg: and ths full ~rrwunt of each and wery such payment shall bes. interes~ from the d+t~ tl+ereof vntil p~id a1. the rate of nine pe~ oentum per a~rwm: +Rd all s+id cbst~, chuges and expenses inturrcd o? paid, togethsr with wch infKest, sFwll b~ setured by th~ liee of tlw ~ 0. Thit js) in the ~wnt of any bre+d~ of this Mat~a~e or def~ult on the part of the MORTGAGOR, or (b) in tM event ~ny of s~id s~na of enon~y herein nferr~d ro b~ nW promptly and fully psid within thirty (30) days next afte~ the same severally become d~e and p~yabk. withart demand or nmice. or in tM twnt ~ach and ~very tl+e stipulations, ~greements, conditions and cove~nts of said promisso?y note snd thw mortpap~ any w eithar sre nol ~uly, promptly ~nd fulty perform~d. discMrped. executed, effbcted, completed, complied wi~h and abided by, thea in either w ~ny such ewnt th~ taid ap~ pre9at~ wm mentaned in s+id promissory note then remaininy unpaid, with iroeresf acuued. and atl mo~?eys secured hereby. sh~ll b~come dw ~nd psy- sble tathwilh, o~ tMreaha, at tM optan of uid MORTGAGEE, u fully and completely as if all of the wid wms of money were o~ipi~ally st~pviated ro b~ p~id on such daY. a~ythiny in ss~d promissory ~ote w in this Mwtgsge ro the contrsry notwifhstandi~g; and thereupon or thcreafter at the opiwn oi said MORTGAGEE, withovt notice a dem~nd, wit at lawr or in puity~ TI1NlfOf! Or tFIQfNf1N begun, may be prosecuted +s if moneri s~a+red Mreby t~ad matwed prar ro in i,+sritvran. 7. That in the went tF?~t at the beginning of or at any time pending ~oy sv~t upon this Mwtgage, or to fweclose it, w to reform it, w to enfwce ~ payment of u~y daiens hereunda, said MORTGAGEE shall spply to the Cou.t having jurisdiction thereof for the appantment of ~ Receiver, such Coun sAall fwtliwith ~ppoiiit a receive? of said morfgaged ptope?ty all and singular, incl~dmg aIl and singutsr the income, profits, iuues ai+d revenues from wF?~twer ; wura deriwd, eath and ~very of whitlw, it bci~p expressly undtrstood, is hereby mortgaged as if specifitally xt fath and dewibed in the yrantinp snd ; habend~m dauses hereof, ae+d such Receiver sh~Il have all the b?oad and effective furxt~ons and powen in anywix entrusted by a Coun to a Receiva, snd ! such ~ppointment shall be rt~ade by such Court u sn admitted equity snd a matter of absolute rigM to s+id MORTGAGEE, and without reference to the ~ adequsty a inadequacy of the vslve of the praperty mortgayed w to the wNency or insolvency of said MORTGAGOR a the defendanri, and thst such rents, profib, income, iswes snd revenues sMll be applied by such Receiver accordin9 to the lien or equiy of ssid MORTGAGEE and Iix pracfice of such Court. 8. To duly, p?o~nptfy and fuUy perfo?m, discharge, execvte, effect, complete, comp~y wilh snd abide by each snd every ths stipulations, agreements, conditara snd covenants in said promissory note and this mortgage ut fwth. , 9. ?hat in ths event the ownership of the mortgaged premises. or +ny part thereof, becomes vested in a person other than the MORTGAGOR, th~ ; MORTGAGEE, iri wcuuon ~nd ass7gns, may, without notice to the MORTGAOR, deal with such s~cceuor w successo? in interest with reference to this ( mat9age and the debt hereby setured in the same ma~ner es with Mo~tgagw without in a~y way vitiating o? disthsrging the !`.ortgagon' lisbility hera under a vpon the debt hereby secured. No s~le of the Fremises hereby mortgaged and no fwbearance on the pan of the MORTGAGEE or iri suctesson or assignt snd no eatension of the time fw the psymeM of the aebt hereby secured given by Ihe MORTGAGEE or iri svccesson w auigns, shalt operah ro rekase, disclwr~t, modify chsnge or affect the wiginal liabiliry of the MORiGAGOR herein, either in whole or in part. 10. N is specifically agreed that time is of the euence of this contrad and thit no waiver of ~ny obljgation hereunder or of the obl'gaYan se- a,red hereby sh+ll ~t any tu~e thercaNer be held to be a waiver of the terms hereof a of the irutrumem secured herby. , 11. In add~tion to the forego:ng monthly payments of princ:pD~ and interest ~equired by the promiuory note secured hereby, mortgagor covenants and agrees to pay to mortgsgee with each monthly payme~t an sdd~tional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the iolfow- ing: A-A~I real property taxes levied or assessed againsl the abeve described real estate. i B-Premiums on fire and windstwm insurance as herein requ~red to be carried on the improvemeats situate on the above described premises. ? ~ C-Premiums on such mortgage gwranty insurance as mortgsgee shall from Nme to time deem fit to csrry oe the ban secured hereby. ~ I ~ i Mortgagee sAall from time to time notify mortgagw in writing of the amount due a~d payabk hereunder and such sum shall therevpon be dve snd t Fa~abts a+ the due date of the nezt monthly payment and exh s~ccessive month thereafter ur.~il rtartgagee shall notify rnortgago~ of a change in such amount. Such sums shall be applied by martgagee toward the payment of real properry taxes, insurance prem:ums, and ~nortgage gvaranfy inwrance premiumf. IN WITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set his hand and xal the day and year first atoresaid. Ss~led and liver ' the presence of: • ~l~~i cGlt/J lf~.ss(S,N~ ` rs..q n--n ~--n STATE OF FLORIDA ~ ~a,,,,TM ~ Saint Lucie u" ~efwe m~ persondly appearcd T i l l 4 A n vra n a Fn vrs~ m g a i~l a~~i l t _..i lisawfe, to me well known and known to me M be the Ir~d'ividuaMd~scribed in ~nd who ~:etuted the foregoinp inst~ument, ~nd atknowledged befw~ me that they exetuted th~ same for th~ purpost~ ~~tl~«z.ty~ therein eupresMd. M11~tlw~dd ~ -T~- ~ _ , wi1~~f?iw~~id Tr~' : ~ ~~wiwNiew~+nrl~kMwpw~~~~d-~art~wnr~+er~wkf-he~bw~d;~dcnewleciped-~wibbelvwr+nr-tiwt~acatela~d~solcFin~6ment 7~r~~ ? ~ taril~r .~i-wwhoM-«q?-Mwiprbi~wrwwHN+w~r ~ ~w~r R Mr ~f-or bow~-lwrs~id~lwr~bw~ / ~ ' . ' - ~ WITNESS my Mnd and official seal thi ~ 'I~~D; *1~~ ~ S?. ~UC?E COU~:TY. F - : ~ Nm~ry Public in ~nd a the Stat of floridl~ N 1,'ry~. .J, • G~: ' ~L~:> My Comm~u'an ezpires: y - ~ - b, g- : - Retwn To: 1'~0liry Pt1~K. S~! 0~ ~~01if~i,~' {~1~ y first FMipal Savinps i loan Aswciation tQ • y0 ~Ay t~,~s~~ Ex~~s s~oc,.`t3~i~~ . O~ FO?T P~ertt. ~68 Al?~' ~ • wwN~ A~«,~s~ fw~ a Gs~~Yr'Uc:tIH' . Fort Vince. Fiorid~ 1 ; ~ _ { r: ~ ' ~ ^ ~ :7 GL~H'~ C~~CUIT COURT This instrument prepared br ~ First Fede?a~ ~v. & loan Assn. o( Fort Pi ~ • ; 6p, ` . ~~f~ FA~ ~ ~ ~ ,