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Home My WebLink About2684 ~ : 1.. i! 1 ' ~ To pl+a ~nd oonNnvou~N Iu~P on tM buildinp~ now a I+KMf»r ~Itw» on uW land ~nd on all equipnw~t +nd Wnon+~b oownd M/ ~~q~ p~, with ~II pnmk+m~ thK~on paid in full, fi~~ i~aw~nn in tM ~wal st~~d polity tan4 in a ~um approwd by tM MORTGAGEE. and wtnd~lorm imw~na M tM uswl iand+.d policy forn~, in •~wn ~PDrowd bY ~M MORTGAGEE. in wd~ oa~P+^Y a~W~ a~ N» MORTGAGEE nwll dirMl ~nd ~il fin ud wind~torm insw~na polki~s on any oi wM Miild'w+pt„ wiy Mtaat rherein a pat tlwrwf, ln IM ~ppnyaN ~wn ~fora+id or In ~xass tMrwf, ahdl conain tM uwal sta+d+rd e+oN9+W~ daw~ a wd? ah~r ciwN a tM Mat~~ reuy ~puin, m~kii+p tIN loss vndN said polF ci~s, wcA ~nd ~wry. WY+bb to s~id MORTGAGEE a in intaat en~y ~pp~r. ~nd ~ach and ~wry wch Polth? sMil b~ promWh? ass:9~ed N+d d~livK~d ro any hdd by said MORiGAGEE a furthK secv~iry ro s+td mat~+p~ d~bt. +ed no~ leu ~b+^ t~n (10) days in adv+nc~ of tM ~xpiation of wch policy. 1o dr I1vK to s~id 1MORTGAGE~ • nnewal tMrsof, top+~ha with a nceipt iw tM prNniwn of wd~ r~w~l~ and tMn aMll M no fin a wbds~o~m krw~nu piK~d an N~y of Hid buildinys, a~y inNt~t fFNt~in or parf thKwf. vnbs~ ln th~ form wd with tl+t bss p~y~bN a afa~s+idt ~nd tn tht ~wnt aeY swn cf nwnty b~conNS p~Yabl~ w~dK wch polky ar policla said 1~RTGAGEE ~hatl h~w tlv option to ~iw and ~pply tM sanN on ~ooow+l d Ih~ ind~btd~ ness ~cw~d h~r~by o~ w pKmit wid lMOkTGJ?GORS ro naiw and uw N a~Mr p:rt ther~of fo~ o~he~ purpos~s, wi~hout thareb/ w~i~inp or in+p+ir- irg ~ny puity, INn a~ipht undN ar by v4tw of thb mortyp~t ~nd in tl» ~wnt wid 1NORIGJ?C~ORS ~11 (a ~ny ?tawn faU 1o k~ep tM wW p~+is~s w inu?nd. or fsll to d~ltwr P~~W~Y +~Y of s~id poiici~s of Mswu~a M uid N10RTGAGEE. a f~il promptly to p~Y W~h? +~Y Pnmium thH~fo? a in ~ryr rap~a f~U w pNfonn, d~sch~rp~. ~z~cu». ~ff~d. oompbt~, oo~np~Y with and abW~ !~y thb oown+nt, a a~y pat l+tnof. ~ak! MORTGAGEE m~y plaa and p+r for wch iruwar~ or ~ny p~rt tF~enof without_ w~ivinp ot aff~ctinp +m? aP~ion. ~i~n. ~?tb, o? ryM undK a bY virtw of this A11ort~pe. and the full anowa of wch ~nd w~ry wch paym~m ~il be inrn~diat~ly dw and pyabl~ and sh~ll b~a? intsnst from tM dah therwf untU psW N th~ rab ol nlns pK pntum pK ~nrwm and topNher with suth intuest sMll b~ secured bY th~ INn of this morlp~. 4. To p~rmit. aormnit a wfhr no wa». MnWirrt~t o? dstKiowtion of wid p~opKty ar my pwt tM~wf. S. To piy dl ~nd Wnpular th~ oosb, dwrp~s ~nd ~:p~nse~, incJ~dinp a nasoo+bl~ ~nwnhr's f.. and oosn of .bsn.as of ~1.. incwnd o~ psid at any tirne by said MORTGAGEE. bwvs~ w in th~ ~wnt oi th~ failun on ti+~ pul of th~ s~id 1MORTGAGOR to duly. Pr«^P~h? ~nd fully pw-fomb d~cl~ exscvt~. ~ff~ct. aomplN~, oompiY with and ~bKN bp ~ach and w~ry tM stip~latio~a, apnementf,. oondUio~a~, ud oown~nts of said pramiuorr rwts and thp nwrtpap~ ~ny w eith~r, and said oosts. d~p~s +^d ~xPens~s. sad+ +~d ~wry, sh~li M imnsdiat~ly due and p~yaW~j wMthK a nw tl+er~ be notio~ dr mu~d, ~mmpt w ao11M w wi1 pK~clinyt ~nd tM full ~rnovnt of ~sch and w~rY wd• WYrnent ahsll b~a~ inter~st fran tM d~t~ tM?eof w~tll p~id at tht raro of nin~ pK centum per +~uxrms and all said oos». ch+~s ~nd sxpMw~ &kwnd or p~id, to~sther with wch intuat. ahall b~ s~cw~d b11 tlr lan of thi~ ^arp+pw 6. That (a) in Hw w~nt d any br~ach of this Mwpape w def~vlt on th~ part of ths MORTGAGOR, or (b) in th~ ~vaN a~y of aid ~wm of morny her~in nfKred to bs not promptly and fully paid within thirty (30) d~ys oex~ after tl+~ ume wv~rdly b~mm~ due ud payabb, without d«n~od a notic~. w(c) in ths ~wnt esd+ and ~vay tM stip~tatia+s. +Or~smsMS. oonditions and oownants d' ss+d promiswry not~ and this mo~t~ap~ any o? ~itha an nw iuly. Pro^~PNY and fvly p~rformd, diuMrped, execut~d. ~ffsctsd comP~~nd. ~omplied with a~d ~bided by, tMo in ~itMr or any s~ch w~nt the said p~ preyst~ swn mentio+~ed in said promissa~rr oon then remsininp unp+~d, with intaest acaued. ~nd all moneys seux~d Mreby. shdl b~aom~ dw and P~Y able forthwith, or thsr~aha. at tM optan of said MORTGAGEE, a f~lly ard compl~te~y +s if all of the said wms of ~ewMy vrere wipbwlly stipukted to be paid on wch dsy, anylhinp in ssid promissory eah a in thb Mort~+ye to th~ contr~ry notwitMtu~di~+pr ~~d tharwpon or thK~aher ~t tM option of said NIORTGAGEE, withovt noY~ce or d~mand. sult at law or in equiry. therefor~ or tl~ereafia bepun, may be ;xos~cvted ~t if dl mon~a s~n+r~d hueby ?Nd m~hurd pript to its irotitution. 7. That in the event tMt at th~ ba9im~irg of a at ~ny time pe~dug ury wit ~pon thls Mwty~ge, or to for~clos~ M, o? ~o nform H, w to ~niw~a payment of aay daims hereunder. said MORTGAGEE sh.q appy ro rF~e Ca,h Mvirg ~ur~sd~n~on ~hereof for the ~ppo~nan~m of • R.csiva. wch Courf sh~tl iathwith sppoint a receiver of s~id mo~tqa~~d properh? a!1 and sirgular, indud~~g all snd sinyulx tA~ incon?e. prof~ts, bsu~s ~nd rtwnws fran what~ver sowct d~riwd. eath and wery of wh~ch. it Deir~p expreuly underitood, is hereby mortga~ed as if ~p~tifitaly Nt forth and dacr'bed ~ the ~rantinp snd hsb~ndu~e dauas hereof, snd wd~ Reuiver sh~tl h~w sll the b.oad and effscriw functiau and pow~rs In snywas emm~ted by + Ca+N ro a Reoaiva. +nd •uch appoiroma?t shsll be maJ~ by such Cowt u ~n admittad equity ~nd a rn~tte? oi absotute riyht M s+id MORTGAGEE, and witho~rt nferenot ro tM ~dequs~y K in~dequacy of th~ wlu~ of the propsrty morty+y~d or to the wNency o? inso~vancy of said MORTGAGOR w th~ defa+~daots, ~nd that such renn, praFits, inc«n~, iuws snd rwerwes shall be ~pplied by wch Receiver accordinp to tM lieo w squity of said MORtGAGEE and the praaia of wch Court. ~ 8. To duly. P~^+P~hl ~nd fulh~ Pafe^^~ diuh+?q~, eaecute, effed. comPk~~. ~~Pb ~th u~d ~bide by uch ~nd ewry th~ stip~rlations. +pnements. condrioes u~d coveeann in wid promias«y nw~ and rhis mo.fysp. set forrh. 9. Th~t in ths evem tM ownenhip of the morty+Qed premises. w arry? part thereof, beoomes wst~d in a p~non otl~a thsn tl+e MORTGAGOR, th~ MORTGAGEE, itt wccesson and assi~ns, m~y, without notin to tM MORTGAOR. deal wi~h aud+ waeswr or arcc~ssw in interest with nfersec~ to this mwtyape and the ekbt hercby secwed in M+e ssrn~ m~mer as with Mortyspor without in any way vitiatirg or discharpirg th~ Mortq+~on' li~bility h~rs- under a vpon the debt hereby secured. No s~le of th~ premisp hereby mortgsped ~nd no forbearanoe on the put of tFN MORTGAGEE w its waesson w assigm and no extension of the time fa ths payment of the debt hereby secured yiven by the MOItTGAGEF w its s~rccesson or assipra, shall opsrat~ to r~lease, dischsrye, mo~fy chug~ w affect the wipirwl li~bility of the MORTGAGOR Mr~in, ~ither in whole or in put. !0. It h speNfically sgreed that Y~me b of tM estence of this contract and that no waiver of any obliyatioo hereunder w of tM obliyation se- cured hereb~? thall at aoy time thereaft~r be held to be ~ waiver of the terrta hereof a of ths inst?umero secwed haby. ~ 11. In addiYror+ to the forego:ng monthly payments of princ'pal and interost rcquired by the promissory oote secvred hereby, mortgagor aovan~nb and agrees to pay to mortgagee with each monthlY paYment ~n addltionsl sum. est~mated by mortg+gee ro be eqwl ro 1/12 of tF?e annwl cost of the follow- A-All real property taxes kvied w asxssed a~sir~st the above de:cribed ~esl Hute. B-Premiums on fire snd windstorm ir~swsnce as herein requ~red to be arried on the improvert~enls sitwte oe ti~e ~bove describcd premises. C-Premi~ms on wch mort9sge 9wranty insuwnce as mortgsgee shall from time to time deem fit ro arry on the loan secured hxeby. I Mortgsgee shall irom time to time ratify mortgagor in wriYug of the smount due and pay~ble hereundar ~nd sud~ wm thall N~ere~pon be d~e and ` paysble on the due date of the neat monthly payment ~nd each wccessive month thcrcafia ~ntil mort9agee shall notify mortg~gw of a chanQe in such ~ amount. S~ch wms shall be applied by mortgagee tow~rd the payment of real property tsxes, inwranoe prem:wns, snd mwtgaye gwranty ir~twance premivms. ~ WITNE55 WHEREOF. the said MORTGAGOR hn hereunto set Fus hsnd and seal the day and r firat afwes~id. ~ ead. S~a and I in ths pre~ence o~ ~ g FILEO AND iiECOR0E0 _ ~ ~ ST. lUC1E COUNTY. FLA. _ ~ ~ RE:COR~ VERIFIED ~n 1'71108 - ~ , Q ~u . n S TE OF FLORIDA sg O~ ~ v W'1 IO l . courin oF St^, Lucie e.fo.~ m~ p~r.oea~y ~pp~..ea W i1138?f ~w ~~A~~~i? c ,nd GldCQ B. MCCOll~ hy wife, to m~ well knawn and known w me w be the Ind'rvidwb dexribed in and who ~xewqd tfN orpoirg irah~rmnt, and acknowledped beforo me th~t MKy executed tFw sanw fw the purposes .,~,~,~a, A„d ,,;d Grace S. MoColl~ wlie o~ tlw s+id Wi113l?1~ F• MCCOllti ~~pum ~ pm~q exsmin~Yae by me t~ke~ ~epante ~nd ~part hom her s~W Mnb+nd. +ckrwwled9ed to ~nd befort me tMt shs executsd wid irntrument fraly and volwr rarily and witl~out ~ny oom~wlsion, ca~straint, apprslwniay~, w f~ar of or from her said Mnband. ~ WITNE55 my Mnd aed offidsl seal t1~:• d+Y of Y A. D. 19 68 . Notary P in and for tM St~b of florida at lar~ . . My ~'c~"es` /9 7 / R~tum Ta. ' ' ~ _ ' first Fedsn) S+virgs i loan As~ociaYan ~:;~:a11~~~ " of Fo.~ P~~e. .~:.~T ~ j'.~ NOtu1? Pu6$t. State ot Florida at luqe ~ vK.~. Fb.~ ~ ,~s A~. 6, i971 _ Y ~ ~ \ : J ~ , e~ra~ Ei ~ S~~eb Sa~, _ ~ , . ~ . This Instrument Prepared By ; ; L'~ First Feder Sa 'ngs b Loan Association ' rt Pieroe • ~ < ~'r, Ch@C,~CCC~ ~ - f •'j~v, ~j Y , _ sry:u•~?',~,''• ~G~~~ PA~~V~ / ~ " , ~f _ _ . ~ - _ . a~.iY . r°t..-_ ~•.~~.r~.~