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Home My WebLink About0153 , S. To ~?laa and oontinuovsly kNp on tM buiidin~ .w.~v w MrwNM ~i1wt~ on uW la+d ~nd on all equiprneet ~d p~nonsly cov~?~d bY this mortg ap~, with all pr~miwm th~rwn p~id in fv14 fire inswu~u in tM uswl :tandard policy torm, in • wm app~owd by tM MORTGAGEE, ~~d windstwm InuKa~u in tM uswl sue~da.d policy fan~, in a twn app~owd by tM MORTGJ?GEE. in wch company w comp~nies ~t tM MOltTGAGEE ~nay dinctt and ~II fi~~ a~d wind~wrm M+waaa polki~s on am of wid b~iWinps, any i~iK~it tMrein o~ ~wt thsrwf, in tM ppr~yat~ wm afor~saW a le ~c~ss tlwrwf, shall oontain tlK ~rswl stai+dxd mortyay~ ciww o? wd~ wMt, claua a tM MatpapN m+Y m1~in. m+kin~ tM bss ~ndN i+id polE ci~s. ead~ and ~w.Y. P+Yab1~ a s+id MORTGAGEE ~s in .:.:a.est may ~pp~ar. and Nth and ~ve~Y tuch Polity shall b~ promptly ass:pned u+d dslivKed to ~ny MW by i+W MdRTGAGEE u furihK s~cv~ity to s+Id morty+y~ debt, and not fi~ tMn teo (10) days in ~dv~na of tM ~xpiration of each policy, M d~- IivN to said MORTGAGEE a rtnewal thK~of. top~tFw with • r~otipt fo? tM pnmiwn oi wch ~enew+lj and tl+en sMll b~ no fin a wi~dstorm Mswu~c~ plaad on ~y of said buildirga, any inter~st tMrein a put tF~wf, unless in tM form ~rd with th~ loas p+y~blt aa ~faes~id; u+d i~ tM ~vMt ~~y? wm oF mpe»y becomes psyaW~ w+dN suth pe11~y or policies sald MORTGAGEE ~hall Mw tM optan ro receiw and spply tM same on accow+t of tM ind~bted- ekas ~ttured her~by or to permit ssid N10RTGAGORS to reoeiw +nd us~ h or soy put thereof fo~ othe~ purpose~, without thxeb/ waivi~~y or impair- ~+~Y ~4~?~tY. ~i~n w ripht ~nder or by vktw of this mortpay~s and in tM ~wnt a~id MORTGAGORS ~hsll fa any reaton fslt to ke~p ~he aid prNniaes w i~u~rod, or fail b deliw? pranptly ~nY of s~id policies of insw~nce fo ssid MORTGAGEE, or fail pranptly 1o pay fully any premium thenfw w in any resp~ct fail b pK(w~, dischuys. aua+t~, ~ffa4 complete. comply wtth u~d ~bid~ by this cover?~nt, or sny part ha~of, said MORTGAGEE m~y p1~a ~~+d WY for sud~ i~swana or ~ny p~rt thaeof without waivinp w ~ffMinp any opYwn, lien. e~iuity, ot r'gM u~der or by vi?tw of this Matysps. and the full ~mainl of ~sch u~d twry wch payr~nt ahall b~ imrt~ediat~ly dw ~nd p~yable and shall bear interest from 1M dats thereof ~ntil paid at tM rat~ 01 nine pa centum pa arrwm u~d toyether with such iMaest shall be secu~ed by tM 1'»n ol this matpape. 1. To pKmit, oommit or wNa no was», hnpsimknt or detaiowtion of ssid property w any put thereof. S. To psy all and sirgula? tM costs, thupes snd ~xpN+ses. inchidirg a r~~son~ble snwney'a fee snd cosb of ~bst?acls of titk, incurted or paid at any tims by wid MORTGAGEE, b~cwse a in tir ~wn1 of tM fail~xe on the part of 1M said MORTGAGOR ro d:dy. promptiy snd fully perform, d~schuqR exeMe. ~ff~tt, camplN~, oomplY with and abid~ by tacn ~nd every the stipulations, ayreementa, conditions, ~nd ooven+nn of said promissory note and th4 mort~ap~ any or ~i~ha. ~nd s+id costs, chupas s~+d expens~s, sach and every, sMll be immediately d~e ~nd payabl~j whe~h~r or not ther~ norice de~ mand, ~ttempt to collect o~ svit perwinp; and th~ full anww~t of each and we+y such paymeM ah+ll bea? interest from the date lhereof ~ntil p~id N the rate of ni~e per centum per Huwm; and all aaid costs, cMr~ss and expenses incwred or paW. tosether with such intaest. ~l~all b~ ~ewred by t!» lisn of this ~q~ 6. TMt (a) in the event of ~ny breach of this AAwtya~ w def~ult on ths pa?t of the NIORTGAGOR, or (b) in ths event ~m of aid wms of rnon~y herein rofe?red to bs not pranptly and fully p~id withi~ thirty (30) days next after the sams seve~a~ly become due ~nd payabk. wi~hout demsnd o? notice, or (c~ in tM ~vent each ~nd every the ttiputstb% agrsements, conditions and mv~n+n» of s~~d promiuwy oote and Ih~s mortpap~ any o~ ~ither ue nol iuty, promptly snd fully peiformad, d'nchsrged, execut~d, ~ffected, oompt~rod, oompl~d with and ab~ded by. then in ~~tMr.or ~ny wch ~wnt tM s~id ap~ gregah sum mentaned in said promissory nole ihen r~mair~inp u~paid, with imeie~t acuued, and all moneys secured hereby, shall becwns dw and pay- abte forthwitly or ther~afte?. N the option oi said MORTGAGEE, as fvlly and compktely as if all of tl+e_ said sums of ma~ey were orgin~lly stipul~ted to be paid on such d~y. +nythirg in said promissaY oot~ a~ in this Morty~ge to the coouary natwithstsnding; ~nd tF+ereupon w thereeher ~t the option of uid MORTGAGEE, wahoW notic~ w demand, wit at law or in puity, therefore or thereaftN begun, msy be prosacuted u if sll ma~eyt s~cvrsd !?ereby had mahNtd ptiOt to iri iMfitVtion. - 7, That in the event th~t ~t the beginninp of or at ~ny time pending sny wit upoe~ this Morty~ge, w to foreclos~ it, w to roform it, a to enforc~ payment of u~y cl~ims hereunde~, wid MORTGAGEE shall apply ro the Coun 1?~ving jurisdicti«? thereof for the appointment of a Receiver, such CouN shall fathwith sppoiM a?eceiva of said mwtga9ed proQerty all and singula, includ~ng all and singul~r the income, profits, issues and revenues from whatever sovrce derived, each ~nd every of which, it beinp expressy ~nderitood, is hereby mortgaged a if specifically set fath and desuibed in the yrsnti~p snd habe~dum clavses hereof, snd such Receiver sMll 1?sve ~II the boad and effective funct~ons and powen in anywise eMnnted by a Co~n to a Recei+er, ~nd a~ch sppointment shall be msde by wch Cowt u ~n ~dmined equity and s mstter of absolute tight ro said MORTGAGEE, ud without reference to ths adeqvscy w in~deyuacy of the valw of the property morty+ged a to the solvency or inwlvency of said MORTGAGOR w the defendants, ~nd that such rems, profiri, incane, issues ~nd tevenues shsll be applisd by suth Reteiver atoo?ding to the lien or equity of said AAORTGAGEE and the pwttite of such Court. 8. To duly, promptly and fully perform, discharpe, execute, effect, compkte, comply with and abids by each and ~very ths stipulations, agreemenq, condiYaro snd oovenann in said promissory note +nd this mortgage set forth. 9. That in ths event the ownership of the mortgaped premises, or any pan thereof, becomes vested in • penon other thsn the MORTGAGOR, tM MORTGAGEE, ib suttessors a~d assigiu, may, withoul noY~te to the MORTGAOR, deal with svth wtceuor p sutcessor in interest with rcferente to thii mortgspe ~nd the deb~ hercby secured in the sart~e manner ss with Mortgsgor without in any way vitiatinp a disths?giny the Mortyayas' liabiliry here- under w upoo the debt hereby secu~ed. No ~ale of the Rrcmises hereby mortgeged and no f«bearance on the p~n of the MORTGAGEE a its svaesson or assipm u~d no extensan of the time for tl+e p+ymem of t4x debt hereby secured yiven by the MORTGAGEE w in wccassors or assgns, shall operat~ ro release, d~schir~e, modify chsnge or affect tM original liabil~ty of the MORTGAGOR h~~ein, either in whok or M part. 10. It is specifiully agresd thst time b of the euence of this tontract and thst ra waiver of any obligaNon hereunder or of ths obligation sr cured henby shall at any time thereaher be held to be s waiver of the terms hereof a of the irotrurnem secured herby. 11. In addiYwn to the fwego:ng monthly p~yments of p?inc:pal and imerest required by the pranissory note secured hereby, mortgagor covenants and ayrces to pay to rtartysgee with each monthly payment an additional sum estima~ed by mortgsgee to be equal ro 1/12 of tht annusl cost of the follow- ing: - A-All real property fs:es kvied or assessed against the above deuribed real estate. B-Premiums on fire and windstorm inwrance ss herein requ~red to be ca?ried on ihe improvements situate on the sbove dewibed premises. C-Premiums on wch mwtgage gwnnty insurance as mortgsgee shall from time to time deem fit to carry o~ the loan seevrs~1F+~r~e4y , Mwtysgce thall from rime fo time notify mortgagor in writing of the amount due and payabk he~eu~der snd such wm _~he~ ~teupo~ !fa' due and ' payabk on the due date of the next rrwnthly payment and eath successive montF~ thereafter ur,til mortgsgee shsll notify mort of a thange ~i1 such ~ amouM. Such sums shall be applied by mortgsyce toward the payment of real property taxes, insurance prem:wns, and s~ ,g~ar~fily ' insuAnce ~ premiums. c IN WITNESS WHEREOF, the said MORTGAGOR hu hereuMO set his hsr~d and seal the day and year fint ~forts~id~. 'pned, Seabd an delivered in fhe sa~oe of: ; ; r Y:.^~ ST. LUCIE COU. ~ ~ > Q~TY*uste under T ' " - n. e - by _ . - STATE Of fLORIOA A t t e s t: - St. Lucie ~ I s res ~ an a ~ couHnr oF _ _ ~ ash e - - _ • t HEREBY CERTIFY, That on thi ay of ~ , A.D. 19 , ` before me personally appeared `~~B~T TERRY a~ PEGGY BARRY . respectively President and Yice-President and Cashier ~ , of ST_ LUCI~ C~T1NTY R~~`K ~ a Florida bankin~ CorpocaNqn~~tq me known to be the persona desc~ibed in and who executed the fore~oing instrument, and sevarally adcnonctoi~gsd~the eze~•. ~ cution thereof to be their free act and dsed as such officers for the uses and purposes therein mentioryid; .~ixl thbr Bby affixed thereto the official seal of said awporation, and the said instrument is the act and deed of :sa3d 6prporbtion;~ ' actinq as Trustee. Florida 4 WITNESS my hand end offkisl seal at Fort PiKCe , said cou and . - - ~ ! RILEO AND RECORO ~ ST. LUC1E COUNTY. Fy1N~ry Publk, in and tete and Coun sfor . ; R~:CORD VERIFIEt~y ~miuion Expir 9 ~j~-~i~ . 1'71452 ~ . . 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