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Home My WebLink About2628 ~ ~~t~ • y . . 3. To plao~ and ca~inuously kNp on tM bulldkg~ naw w MrNha Wtv~h on ~id bnd aod on ~II putpm~nt and p~nonaliy cov~nd by thh maq~ p~, with all pnmiwm tMnon paid in fvl6 fk~ insw+aa in ti?~ ususl p~nd~rd policy iorm, 1er ~ wm sparowd by tM MORTGAGEE, and wind~tonn i~x~na h tM wval •~+ndard polity fpny M• sum ap~xovsd by tl~ MORTGAGfE. 1++ wth comPanY o~ oomp+nka as tF4 MORTGAGEE ~y dihcy and all fk~ ~nd wi~twm in~w+nc~ policiN on an~ of wM buiWiop~„ any M~.at tMr~in a put ther~of. b t!N apqrp~h wm afor~said or In ~xpa. thereof, ahall cantain tM ~rwai ~tandsrd mw~Qape~ daw~ a wd~ wha dawe ~s tM AAatp+pN maY nqu~n, m~kinp iM loss v~ aid pol{~ cis~, sach and wKy. paYasb ro s~id MORTGAGEE n iq int~re~t rn~y ~ppeu. a+d e~ch and ~wry ~uch polky sh~ll b~ p~omptly a~s:y~ed ~+d ddiv~nd M ~ny Mid by ~id MORTWIGEE a~ tu.thK ~ea+riry to said mort~ap~ d~bt. and. na iess tMn qn (101 d~y~ ~n ~dwrKe of th~ ~xpiration of ~ach poUcy, ro dr ~+wr to ~aFd JMORIGAGEE a ren~wal tl»r~of, tope~F?w with a nuipl iw tM pr~miun~ oi wch r~wal~ and tMn sh~~l b~ no fin w windilam Muwana plapd oo any of saM buitdiegs. ~ny inter~st tMr~ie or pwt tF~u~of. unku tn tM fam ~nd with ths los~ payabt~ u aforaaidj ~nd in tM ~wnt ~nr sum of nwn~y bacoeew~ p~yapte ~ wd~ poUcy or pol;cl~s wid MORTG/1GEE alwll haw th~ oprion to r~osiva and apply th~ ~ on account of the 6~d~bt~d~ ness s~cv~ed hereby a to permH wid MpRTGAGORS ro nosiw u~d uw i1 p any pu1 tt?ereof for otFer purposes, wi~hovt thereb~ waivlnp u imp~ia inp anY pvity. li~n or ripht ueder ar by virtw of this mortpap~= and h tM ~wnt aid MORiGAGORS shaq for any ?~aaon tail to ke~p the s~id pnmisa so fnsu.ed o~ fap !o dellver premplty w?y of saW poliei~s of inwr~na to s~id MORTGAGEE. a fail promptly fo pay fully any pr~mivm tMnfor a in ae?p rtip~ct fail b p~rfwny distM~9s. ~xac~t~, tffM, complete, comply with u~d ~Wd~ by this oow+~aN, a any p~A herwf. s~id MORTG/IGEE may plap and WY ~ such 4+~wano~ or ~ny put thuwf witFwut wahrlnp a aff~ctinp anY opttwy Ii~n, puity, or ?iyht wxler a by virtw of thh Mortyap~, and tht full sniouet of ~ach and ~wry such paymset shall b~ immediate~y dw aod piyabi~ u~d shall bear intecei~ han tM d~N thenof until piW at ths raN of n~ne par antvm per amum and t~ya~her with wch interest sh~ll be secvred by tiM 1i~n of this matpaps. 4. To pamit, aonvnit a wffa no wut~, ienpairment or deterbratlon of said property w uyr put thereof. S. To pey ~11 a~d unpula ths oosfa, dwpp and ~xp~ss, Incivdinp • reaswwble sHaney's fq snd aosn of abatracy of tHl~, incurr~d or p~id ~t any time by saW MpRTCsAGfE, bscw~e w in tM ~wiM of the fsilwe on tM part oi tM uid MORTGAGOR to dufy, promptly ~nd futy perform. d'ach~y~ execut~, ~ff~d, c~omplet~, oomply with and abid~ by each aod aver~ tM stipulatian, agreen~enhi, conditio~q, anc! wvenann of said promissory noN ar?d this morfp~ aoy w atl~, and said costs, cMr~s and expNws. eacl+ and wery, ihall b~ immediately dw and pay~bls: whetlar or nw tt~are b~ notip ds. mand, a»empt ro oolkct a suit pendiry~ ~i~d th~ full amount of Latl? ind every svch paymeM shafl beu interost fran ths dat~ t1~~ot vnti! psW ~t the rate of ~ p~r ce~?tum per annums and all saTd oosts, ci?up~s and expN?sas incwnd or paid, topNher wi~h a~ch interat. shaH b~ aawrsd by th~ iiN+ of thq motlp~• 6. 1Mt (a) in the ewot of any breach of thFs Mortyap~ or default on the pan of the MORTGAGOR, o? (b) in ths ~vent any of said surrn of nwrwy heroin ~eferrsd to be oot promptly and fuly paid within thi?ry (3p) days next ~her the same seve~ally become due aed piyabb, without d~m~ew! w notip. w(d in the event cach and every the stipulatioia agreamsnts. ca?ditions and covtn~nts of ssid prom'~ssory note uid tlut rtaortpape sny' or eitFwr ~re no1 ivly. promptly md fully perfomMd, disd?a~yed, execvt~d, dfected, oompteted, cvmptied with and ~b:ded by. tFwn in atha w iny svcl? svem /M said a~ gresare wm mentio++ed tn ssid promissory not~ then remaining unwid, with interest accrued, and all ma~eys secured he?ebY. slwll becane dw ~t~d pay. able forthwith, a thereafie~, st tM option af said MORTGAGEE, as ful{y and completely as if all of the wid wms of ma?ey were pipinelly s~ipvlated to be paid on such day, anythirg in iaid promisso~y nots o~ in this MortQsge to the contrary notwiths~snding; ac+d thereupoo or thaeafta at ti~ op~ion of •aid MORTGAGEE, witFqut notice w dem~nd, wit at law o~ in ~equity~ ~FIOffEOfQ Of tI1lfNfTN bequn, may .be prosec~ted ~s if all ma~eys seew~d her~by Mad rtNhHed p.iot to ib iMtitutiOn. 7. Thaf in ths went tMt at the beginning of or at any time peod',ng any wit upon this Mortp~ye, a to fwecloss it, or to rofwrn H, o~ to antwu psyment Qf any dsims herevnder, said MORTGAGEE sMll apply to the Court having jurisdicYan thereof for ths sppantment bf a Receiver, wch C,owt sh~ll forthwhh ~ppoint a receiver of said monQa9ed propnrty ~II and sirgubr, iactvdug all and sinyulx f1+e incnms, profita, iuua ard ~evenues f~om wMt:vp sarrca daivsd, each and every of wfiich, it beirg ~xpressty w~derstood, is hereby mongaged as if specifically set forth and desvitred In th~ ~anYwp and habsndwn dauses hereof, ind such Receiva ahsll have dl the broad and effec~iva funct~ons and powe?s in anywise entrwted by ~ Court to a Reoeiv~r, and ~uch ~ppof~hnent shall be made 6y wch Court as an admitted eqvity and a mslta of absolute r'ght to said MpRTGAGEE, ~nd withouf tefereoct ,to ths adequ~cy w irndeqwcy of the wlue of the proparty mwlgaged or to the wlvency w ensolvency of said MORTGAGpR w tF~e defenda~b, snd th~t such rents, profits, incane, issues and revenues shatl be applied by svch Receiver accwding to tha lien or equiry of said N10RTCsAGEf and the p?actice of such Court S. To duly, promptly ~nd fully perform, discharge, execute, effect, compkte, comply with u?d abide by each snd every the st~ulatioea, preements, conditioes and coveoams in said promissory nwe and this mwtgage set forth. 9. Thst in the evem the ownenhip of the mortgsyed premiies, w any part thereof, becornes vested in a person other than ths MORTGAGOR, th~ , MORTGAGEE, iq successas snd assigns, msy, witlwW notice to the MORTGAOR, deat with such successor or successor in inter~st with reference fo this matyape and the debt hereby secvred in the sarne ma~ner as with Mortgagw without in any war vitiatirg a dischargir~ the IY{ortyegors' WWIIty ht~ under w upon the debt I~e~eby secwed. No s~1e of ths premises Aercby mortgaged and no fwbearance on the part oi ths MORTGAGEE o? its svccesson or assig~ and no exteruior? of the time fw the psyment of the debt heceby sec~red yiven by the MORTGAGEf or ih successoq or ass;prn, sfia1~ operat~ ro releas~, discF~srye, modify change w affect ths o~iginal tiability of the MORiGAGOR herein, eithe? in wiwk a i~ p~rf. 10. It is specificatty agreed that time is of the euence of fhia contract and that no waiver of any obligaNon here~nder or of th~ oblipation se- curcd hereb~r sh~ll at any time thereaher be held to be a waiver of the ferms heraof w of the instr~ment secured Fxrby: 11. ln add~tron to the fwego:ng monthly payments of princ'pal s~d, interest required by the Exomiuory note secured hereby, mortgagor covenaMy ` and agrees to pay to mortgagee with each monthly payment sn additional sum esttmared bY rnbrtgagee to be eqval to 1/12 of the anrwal cost of the follow- ;ng: . . . . A-All real property taxes kvied or auessed against the above desaibed real estate. ' . . B-Premiums on iire aod windstorm insurance as herein req~~red to be carried on the improveme~ri situate on the above dtscribed premitp. C-Premiums on such mortgage guaranty insunnce as mongagee shall from t~me to time deem fit to carry on the loao secvred hereby, . Mwtgagee shaU from time to time notify mortgagor in writing of the amount due and payabte hereunder and such wm shall therevpon be d~e and payable on the due date of the next monthly payment and each succeuire month thereafter until mortgagee shall ratify mortgagor of s thange in such amount. Such wms shati be applied by mortgagee toward the payment of real -property taxes, inswarxe premiwns, and mortgs~e g~aranty ~nsurance prNniums. - WIiNESS YVHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ye~r fint aforesaid. S' ned, S ~(e and deli ed " the presence of: r~~`~~;~ ' a ~ ~ < < 4 ATE OF fLOR10A ~ ~ou?,mr oF St. LuciQ - eefo.e nn. p~rsw,.~y ,pp~,,.d NatZlsniel Davis ~ Jessie DdV3.~ Iw wife, to me well known and krwwo b rtr to b~ the lndi+~idu+b described in and . wFa exewted the foregoug instru~rient, and acknowledped before me th~t they executed the sams for ths pwposes rheroin expresaed. Md the a~ .;e~=i~ Dav; S wiis of tM aid ra~l~l D~Vls o~on a sap~.ate ~nd privat~ exami~utlon bY !+P~-.i~V~s-sep~'te ~nd apart fram fxr uid hvsband, adcrwwtedged to and b~fort me that she execut~d ssid 'untnrment fresly ~nd volwr tarily ad~without u~y 4ompu~, constraint. ~pprelwns' , or fear of or from her said husband. - WITNES~ my. kt~ld' ofNcusl seal *tu. day o# ~ r A. D. 19 68 - I v - .U • J r. - ' FII.~O AND Peblk i~ .na sw th. sr.t~ of Ho.id. n luo. ~ ~ ~etw~, r ~ • . ST. LUCIE COUNTY • ~ua ~i~ ~,ty?~ u~i• ~.r~, R E C 0 R D V E R I FI ~ D ~lotari? p1~, Std~ o! pori/~ ~t t~q~ ~ ~ .17'10"?"~' - r c~.~~ Fort 1+; _ ~P~s 1469 . r;o.+ P;e.«: F,oric~s , 3: 0 Z ~°~M b A.i.k.. ri~..s~c,.,',.,~C~; , ~sa ocr ? ~ ~ ~ This Instrument Prepared By ROGER POITRAS - Frst Federol Savings E~ loan Association ~LERK CIRCUIT C4URT- . rt Pieroe Chedc Y - ' . ,i ; ; . : ? ~ .~0~-~ ~ , - cf ~ _ _ - . -