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Home My WebLink About0629 . ; t ~ ' ~ - , To plac~ and continuous~l? ke~P c^ tM buildinps now a i+a~aRe~ sitwt~ on s+id land ared on ~II pulpen~M ~ed pcwsoMlly cow~~d by this i+w?1p~ ~ p~, wirh dl pnmiw=e therwn paid io full, tin inivr~nu in tM uiwl srand+~d polky fam. ~ a tum ~pp~ovod by tM MORTGAGEE. and windatam frqwanp in tM uwal t~ar~d~rd policy forrn, in • wm ~pproved by tM MORTGAGEE, i~ such canp~~Y o~ canWnj~+ +s tM MORTGA<3EE enay ~~dj ~nd ail fln and wirwbtonn inswana polki~s on any of aid buildinpa, ~ny int~nst therein a put tfierwf, in th~ ~pprey~t~ wm ~foraaW or M~xaa tMr~of, ~h+ll contain tM wwl sandud motro+9e~ cl~us~ o~ wch o~hN daus~ a tM Maty+yN maY n4du~. makinp ~h~ los~ undei said pdF any Mld bydiaid MORI+GAG E u fwtFwr Rs~turiryE o s~id matpsye d W, s~nd./~not bss th~n~t~n ~ in'~dv+^a otM expit ntion o~+ch polkl?V~d~ Ilw• a uW MORTGAGEE • r~w~l tM?~of, topatha with a raceipt fa ths pnmiwn of s~ch r~n~w+lj and tMn ~!»II be no fin a windstam tniwana plaad on aiy of said bvlWinps, any InterMt tMrein w p+n ther~of, unkss in tM tam'and with /M loss paYabl~ u ~faei+idj and in tM ~v~nt aey wm ~~y ~con~ p~ysbN wwbr wcl~ poiicy or policies s~id MORTGAGEE aMll haw tM option to r~cciw and ~pply tM sam~ on ~aount o~ tM ir~t~d mss acur~d Mnby a b pKmit ~aid MORTGAGORS to reosivs and uw N a ~ny part thereof fa other p~rposes. without tberebr waivinp w impair inp any pvity, I~n w ripht vnaMr or by virtw of this mort~sp~t Md in tM ~wlnt aid MORTGAGORS sh+ll fw naan fail to k~ep tM said p?tn+is~s so inwred. w btl to d~llvK prompty ~ny of said policies of ie+sunrw ro said MORTGAGEE. w f~il promPf~Y ~ WY fully ~ny premi~m tMr~fa or in ~^p ~ n~p~ct fatl to pNfocn~, d~achupe. ~x~ait~. ~ffM. campl~te. oomplY with and abid~ by this covenant, or any ps?t Mnof, s+id MORTGAGEE may plac~ ~nd WY for wch inwnon w ~ny p~rt tMnof witho~rt w~lvinp or ~ff~ctinq aeY cWion. (i~n. Wu~b. w riyht undK o? by virtw o( thi~ Mapap~. snd tM firll anaunt of ~ach and ~wry wd~ p+Ym~nt sl»II b~ immedta»ly dw ~nd payabb and s!?~II beu interest from tM dah thsrwf untU paW a1 tM rat~ of nii» p~r p~hrm pM anrwm and topNhe~ with sucA intetest sMll b~ setvted by th~ lie~ of this mort~+pe. 1. To pKmit, comrnit or suff~r no wss», la+P+irment a deteriontron of uid property w any puf therwf. S. To p+y all ~d sinpular th~ ~ooats, ch~rp~s u+d expens~s, incl~?dinp a reawnsbk ~ttomey'~ fee and costs of abstr~cts of titl~, incuned w p+1d at any tMm by said MORTGAGEE, b~cairs~ w in the ~vent of the failuro on tM p+n of tl+e s~id MORTGAGOR ro du1y. pranp~h +nd h+~~Y Parfonn. d~sch~rg~ ~xeevte. eff~ct. aompleu, canpN with a+d ~b'~ by e~ch and ~very the sY~pulations, agreenxnn, condirions, .nd oownann of sad promis~ory nor• ~nd ~his ~ mortyap~ any w~i~Mr. u+d ssid oosn, cha~qa ~nd expe~nes. ~ach and every. shall be immedi~tely due snd psysbte: whether w not tlwr~ k» notici ds ( m~nd, ~tt~mpt fo cdlttt w wlt p~ndinyj u~d tM fvll arewunt of exh a~d everY such psyment sh+ll bea? imersst from t1+e d+q therwf until p~W ~t th~ j rate of nina per ce++tum per ~n~wm; and all said cbsts, ch~rpes snd expenses incurrad or patd, topether with wch intenst, shall b~ aecured by tM Iwn of tlw k 0. Th~t ja) in tM event of any_b?each of thts Mwty+pe w default on the part of tfie NIORTGAGOR, or (b) ii? the evem ~ny of wid swna of ma~e~ Mt~(n r~fened 1o b~ eo1 ptomptty and fully p~id within thirty (30) days next after the sarn~ severa~ly becane due and p~yable, withoW d~mand or notice, or (c~ in tM ~vMt each and every the stipulations, preemen». conditions snd wvenann of sa~d promisswy nore and fhn morfype ~y a eitMr ar~ no1 ivly. ~xw„Pty a~d f~,ih P.rfwm.d, d~sch~r~d. executed. ~ffected, compkted, complied with and sbided !y, then in eitMr w ~ny tuch ~wnt tl» said a~ ~ p?a~,~1~ wm m~ntia~tJ in ssid promissory note then remaininp uopaid, with interest ~cuued, and sll moneys secvrad hereby. sh+tl become dw snd psy~ i abl~ forthwitly w thensha, ~t th~ option of said MORTGAGEE, as fuly ~nd compktely ~s if ~II of the ssid wms of money were o~qinally stipulsted j ro b~ paid on s~ch d~y, ~nythieg in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafte? at th~ option of taid MORTGAGEE, without notip or demand, wit at law w in equity, therefore o? thereafter begun, may be prosecuted ~s if ~11 ma~eys secur~d hertby ~ hsd mifund priot ro ib k~stitution. 7. TMt in tl+! event thst at the beginnirg of w at any time pendirg soy wit ~pon this Mwtgape, or to fweclose N, w to mfwm Tt, w ro enfwa payme~t of ~ny clsims herevnder, s~id MORTGAGEE sMll spply to the Court hsving jurisd~aion thereof fw the ~ppo~ntment of a Reteivt+, wch Couit sh+~l fortliwiM ~ppoint a receive? of said mortg~yed propcrty aU ~nd singulu, includ~ng all and singubr the income, profits, iswes and revenues from whatever tourtt derived, exh and ~very of which, it being expreuly understood, is hereby mortgaged u if speciiitally xt forih arr! deuribed in the pranting and Mbendwn dauus hereof, and such Receiver shall hsve ~II the brosd and effecrive funct~ons ~nd powen in any~wise entr4stld by a Co~rt ro a Receiver, and such appoiMment shall be m~de by such Carrt u an admitted eqvity and a mattei of absdute r7ght ro~ said MORTGAGEE, snd without refercnce ro the adeq~+cy a insdeqwc~r of tM wlw of the property mor~g+ged or to ~he sotvency or insolvency of s~id MORTGAGait o. rl,e defendann, ~nd ehst such ~ r~nts, profin, tncome, iuues and revenues shall be applied by ~vch Receiver sccord~ny to tM 1'ien or puity of wid MORTGAGEE and the p?actice of wch - ~ Co~nt. j 8. To duly, pron+ptly and fully p~rfwm, dncharge, execute, effect, complete, comply with and abide by each and every the stipulations, ayreemenb, i conditions and toven~~h in said promaswy nots snd this mwtysge tet forth. 9. That In tM event the ownership of the mortgayed premises, or sny part theroof, becomes vested in a person other than the MORTGAGOR, th~ ; MORTGAGEE, Ns succeuors snd suiyra, may, without ratice to the MORTGAOR, deal with iuch successor or successor in interest wi~h refererKe ro this ~ ' mort9~pe and fhe debl hereby secured in tF~e same msnner as with Mortgsgor witlw~t in any way vitiatirg or discF?arging the Mortgagws' liability h~ra unda? a ~pon the debt hereby searred. No sale of the premius hereby mortgaged and no fwbcarance on the part of the MORTGAGEE or its successon i or assigru uid no e:tension of the time for the p~yment of the aebt haeby secu~ed 9ivcn by the MORTGAGEE or ih sucoessors w assipns, shall operat~ ; to n1ew, discha~e, modify chu~pe or affect the original lubility of the MORTGAGOR herein, eitF~er in whole or in put. 1Q N is specifically agreed that time is of the esse++ce of this co~trsct snd tMt no waiva of any obliyation hereunder a of the oblip~Yan s~ cur~d hsreby sh~ll at aoy time the~eafier 'be heW to be a waiver of the terms hcreof w of the instrumeM secured herby. . I1. In addition to the forego:ng monthfy payments of princ'pDl and interest required by the prom~uory note secured hereby, mortgagor covenants and ~grees to pay to mortgagee with esch monthly payment an add~tional sum est~mated by mortgagee ro be equal to 1/12 of the annual cost of the follow- fng: A-All real property tsxes kvied w assessed against ihe above described real estate. ' B-Premiums on fire and windstorm imurante as herein required to be carried on the improvements situate on the above described prertiises. } C-Premiums on suth mwtgage gwranty insursnce as mortgagee shall irom time to time deem fit to csrry on the ban secvred hereby. ~ Mortg+gee shall from time to Yime notify mortgagor in writing of the amount dve and payable hereunder and such wm shall thereupon be dve and ! ( paysble on ihe due date of the next monthly payment and each wccessive month thereafter until mortgsgee shall nofify mortgagor of s change in such I amounf. Such wms shall be spplied by mortgagee toward the psyment of resl property taxes, insurance p?emiums, and morigage guaranty insunnce ~ premiwhs. . IN WITNESS EREOF, the said RTGAGOR hss hereunto set his hand and seal the day snd yes fint sforesaid. and deliverad in pr of: •4 . n ~ ~ s..n STATE OF fIORIDA ~ St. Lucie ~ ~ ~~,a„~~y Wall ace L . Rushing Justine B. 4d~shing, his wife, to me well known and known ro me to b~ tM ind'nidwb d~svibed in u~d who executed the foreyoing instrument, and scknowledged before me that they executed the same for the purpose~ ~~e~, ~,~,ei~, ~ t~ ,,;d Justine B . Rushing, wif~ 01 tF» said Wallace L. Rushing ~ ~~rate ~nd privat~ ex~mie»tan bp me taken sep+rate and apsn from her said husb+nd, acknowledged w~nd before me thst the executed said irutrvment fre~ly and voluo- tuily and withoul uqr compuls'an, constrsint, apprehens/~xyp~.~sar of or from her said husband. WRNES4 my hand and official ual this day of u9uSt A. D. 19 68 . FILED ANO R ST. LUCIE COU~J FLhN~ary Public to ~nd fw the Stste of Florida ~t t~ry~ t. ~ (1: F ~ ~ F ` ~ : ) My Commission ~xpires: ~ ~ G 7~ Return Ta ~g~43 Firtt Fsdersl Savinps 3 loan /lssocistion ~ Of Fort Pierce. p q ~ Fwt Pierca Florida ~sU ~',~~t: LD Fil~ ~ ~ • ~ 1 ~ . ~ : ~ .~f; - . . • , . ~ , .~.CJ~.. {'ul? PNS ' ~ ' _ ~ ~ CLERK CIRCUtT COURT - ' ~ " ' . - This inst~ument prepared by ~ ' ' - First Federal Sav. R loan Assn. - of Fort Pierce . ~r J. D. Chastain . • - ~S~•` ~ 600K 1 , V P~~ ' _ ~ S ~ ck ' ~ - - - - - _