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Home My WebLink About0536 • ~ . • ~ , i~. ~`~'j To pfaa and oontinuousy kNp on th~ buildinp~ ~aw o? hK~ahM utwb on aid lind and on all wuipnw.it u~d penonaly oovK~d by this mortQ~ ~p~, with .ii a.~wn. rh.~.oo P.~d ~ f~i4 t~?. ~.M. in tM uwal sta~dard poiky forny in a sum app~owd by tM MORTGAGEE, ~nd windstwm in~ur~nq in ~FK usw) stMdud polky fpm„ in a wm ~pprowd by tM MORTGAGEE, In wch comp~ny w oompu?Ns a tM MORTGAGEE m~y dir~ctr ~~d ~II fir~ ~nd winddo~m kauunw polkia on ~ny of M1d MI~Wlflpl~r ally IflfffNf iMftlll 01 ~iif1 fF1Nqf, in th~ apprpah sum ~faesud or In ~xua tlwrwf, ~Fwll oontain tM vwal ~ta~d~rd matpsp~ dauw a wd+ al»r dww a tFw Morty~pM n+~y nqvih, m~kinp tM loss undK wid poii- cia. e~ch a~d ~wry. paY~bl~ b said MORTGAGEE a iU Mt~rat may ~ppur, and ~+ch and ~wry a~+th policy sMil b~ promptly ~sstyn~d a~d d~livsrd to ` any hsW by atd MORTGAGEE u fwthu ~ewrity w wW matp+p~ d~bt. and, na :.-as th~? Nn p0) d~ya in advana oi th~ ~~~tion of ~ach policy. ro dr liwr ro wid MORTGAGEE a nn~w~l thKwf, top~tlwr witl~ a nceipt fa tM pnmium of such reMw~lj ~nd tMn th~ll b~ no fir~ o? windstam insw~nu pbad on ~ny of MW ~YIWinDt, ~Ily M1Nlit TAK~i11 a• put tMr~of. unl~as in th~ form ~nd with tM bss p~y~bb a afwaaidt ~od fn tFr ~wat ~ny wm of mo~ty b~co~?ws p~yabt~ undK wch policy w polida ~aW MORTCsAGEE shall h.:~ tM option to receiw and apply the sur~ on aaount of tM indebted~ ness s~cvrad hereby w q pKmit s~W MORTGAGORS to naeiw aid w~ h q any pat tM~eof fw othe~ purposes, without thareby waivirg or impair- inp anY eq~ity, li~n or ~ipht undK or by vtrtw of this mo~rty+p~t and h tM ~wnt aid MORTGAGORS ~MII for any nason fail w k~ep tFw said prembes so insund, w f~il b delivK promptly any of ~id pol'~cies of inwranp to said MORTG/1GEE, a feil promptly ro pay fu~ly sny premi~m tharefa w In sny respect f~i) to p~riwrt~, discMrp~, axecut~ ~ffM. compiet~, comply with ~nd rWls by this covena~t, w any put hs~eof, s~id MORTGAGEE may plaa u+d p+Y for wch irowana u any pan therwf withovt w~ivinp a ~ff~ctinp ~ny optia~, lf~n, puity. or Rpht w~dK or by virtw of this Mortpape, ~nd the full anwvnt of ~ach ~nd ~very such payment sh+ll M immdi~t~ly due ~nd pry~bl~ ~nrl shatl beu Interest from th~ dat~ therwf unttl paid ~t th~ nt~ oi nirN per cantum pu a~rwm ~nd topether with wch loterest shali bt senind by th~ li~n of this mortpape. 4. To pKmit, aom~Jt or wff~r no wasts, i~np~irment w d~t~rioration of said proF.rty w any put theroof. S. To pay ~II and cLpvlar th~ oosb, chupa aed expsnses, krciudirg • reawn~bl~ ittomsy's f~e and oosb of abahacb of titl~, incuned o~ p~id at amr tims bp said MORTGAGEE, b~wws or in the tvtnt of tM failvro o~ t!w p~?t ot ~:~e said MORiGAGOR ro duly, promptly ad fvlly pertwrn, dixM~yq execvte, eHM, campkb, oomply with and +bid~ by ~ach snd wuy th~ sttputatiom apreement~ ca+ditioos, and cow+wnn of said promissory not~ sed this mortya~ any or ~ithsr. u~d said costs. ch~r~es and ~xp~rws, ~sch and ~vay. iINII ~ MnfM~NTQIy dYf it~ piYiWll wlfOtF~lf or not there b~ notioe d? m~nd, ~nempt to coll~ct w wit p~ndi~t snd ths full amount of ~ad~ and evwy wch ~aym~nt ahall bear intaat from th~ d~tt thsrwf ontil paid at the rate of nins per oentum per ~mum; and all wid cos». charyes and expanas inwrnd w p~id, topstMr with such G~ta~st, sMll b~ s~wrad by th~ li~n of tha ~D+W 6. That (a) in the swot of any breach of thh Mort~~ or d~fauh on th~ part of ths MORTGAGOR, or (b) in the ~veet ~ny of sald swm of morNy harein referred to be not promptly and fully paid within thirty (30) daya nenf afta ~hs aime s~veraly becom~ dw and pay~bl~. without demsnd w ratice, w(~ in th~ event each and every the sNpulafior~s. ayr~emenq. conditions and aown~nri of said promiuwy note ~nd this mortyage any or ~itM? ~ro no1 iuly, promptly and ivlly performed, disduryed, executed, ~ffected, compbtad, oomplisd with snd ~bkJd by, then in eitMr w any wch event tM said ~ . ! pre9ata wm m~ntan«! in qid promissory note then remsininp w~p~id, wiM intKttt aouued, and all ma~sys ~e~wed hersby. shall become dw and p~y- ~ abb fwthwitlw, or thereafter, at the option of s~id 1NORTGAGEE, a f~lly ard compktey as if all of the wid wms of money wer~ a"q'u+ally stip~lated to b~ paid oo such day. ~nythirg in said promissory note w in this Nlaty~y~ ro ths aontrary notwithttandirg; ~~d there~rpon or thereafix at tM option of ' ssW MORTGAGEE, without notics o? d~nd, wH ~t law ar tn puity, tMrefon thereaher bepw4 may be praecuted as if all morays s~cund hereby ~ h~d matwed prior to iTS inatitution. 7. That in the evee~t that at the begiru?irg of or at any tirr~ pending a~y wit vpon thb Mort~age, w ro foreclos~ N, or to refwm it, or to anfort~s payment of any cl~ims herevnder. said MORTGAGEE shall apply to the Court hsviny (wisdiction thereof for ths appointment of s Receiver. such Co~rt shall forthwith appoint a ~eteivsr of said mortysged property all and sirgular, indudinp a:! and sinpulsr the iocome, profits, iuues and rove~ues from whstsver ` souroe derived, exh ~nd every of which, it beinp expressly undentood, a hereby enwtqaged as if specifically set forth and described in the prantirg and hsbendum dawes hereof, ar?d such Qeceiver sfial~ h~ve aU the broad and effective fvnctions and powen in anywise entrusted by ~ Co~rt ro s Receiwr, and :uch appolntment shall be made by wcA Court as sn admitted squity and ~ matter of absolute right ro said MORTGAGEE, and witFaut referenos fo th~ adequacy or in~deqwcy of the value of the property matysy~d or ro the wNe~cy or insolvency of wid MORiGAGOR a the defendants, and that such rent~ profib, incane, tuues a~d revenves shall be spplisd by such Reoehrer accwding to the lien or puiry of said MORTGAGEE and the practice of wch ~ Gwxt. & To dvy, promptly and fully perform, discMrye, ~xecvte, effect, oomplete, oomply with and abide by ead~ and every ths stipulations, ~yreaments, coruGtioos ard oove~snts in said promiuoty note and this mortyspe set forth. 9. That in the event the ownership of the moAysped pramises, w any psrf thereof, becomes vested in a perwn other tfisn the AIIORTGAGOR, tM MORTGAGEE, ih successon and auigrn, may, without notioe.to the MORTGAOR, deal with such waeswr or wccessor in intaest with referenoe ro this mortysye and ths debt hereby secvred in the same ma~w~er as with AAortgsgor without in ~ny way vitiattng or dixherging the Mortgagws' liubility here- under or vpon the debt hereby secvred. No ssle of the premisea hereby mortyaged and ra forbear~nce on the p~rt of tF~e MORTGAGEE a in successws a suig~s and no e~ension of the time for ths payment of the debt hereby secured given by the MORTGAGEE or its successon or assigns, sh+11 operate ro nlease, disdurye, modify chanye or affect the oripinal liability of the MORTGAGOR herein, eitMr in whole or In part. 10. It is specific+lly agreed that time is of the essence of tha oont~act uid thst no w~iver of any obligatan herew~der or of ths oblipation se- cured hereby sha11 a1 any time thereafier be held to be a walver of ihe terms hereof a of the instrwnent sewred herby. 11. In addition to the fwegoing monthlY payments of princ:pal and Interest ~equired by the promissory note secvred hereby, mortgagor covenann and agrees to pay to mortgagee with each monthly psyment an sdditanal wm estimated by mortgsgee to be equal to 1/12 of the amual cost of the follow- ing: A-All real property taxes kvicd w usessed agsinst the above desuibed real estate. B-Premiums on fire and windstorm inwtance as herei~ required to be wrried on the improvements situate on the above described premises, C-Premiums on such mort9age 9varanty insurance as morigagee shall from time fo time deem fit to wrry on the losn secured hereby. Mortgagee shsll from Y~me 1o time riotify mwfgagor in writing of the amount due and psyabk herevnder and svch sum shall thereupon be due and ' , paysble on the due date of the next monthly payment and each waessive month thereaher until mortgagee shall ratify mwtgsgor of a change in such amount. Such surta aha~l be appiied by mwtgagee toward tF~e payment of real property taxes, i~sura~e premiums, and mwtgsge guaranty inwrance ~ premiums. ~ IN WITNESS VYHEREOF, the said MORTGAGOR hss hereunfo set ha hsc~d and seal the day and year fi~st ~fwesaid. i Siyned, Iad and del' d in presenoe of: ~ f ~ k ~ 4 ~ . ~ . ~ a~ i TE OF FLORIDA ~ wc ~ ~ courrnr oF ST • ~~e ~ ~ ~ ~ Jaaes C. Mastin °°"l~~a~art n '"d his wiFe, te me ,e,eu known .nd knovvn to me to b. the (ndividwb described in and w!w txecuted tM for ny tturt»nt, and ackrwwledqed befote me that tMy exetuted tha sams for the purposas : ~ 2ola I~lut~n ~ wife of th~ wid ~ Ja'!i C. Martin a r~te and vate examinaYan by Qqr?Wfien ~{!~lanje and spart from her ssid M+sbsnd, adu~owledyed to ~~d befwe me thst sFa executed said i~ mens tPf aely u~d v~olurr tarily aod, wit(~l~f ~t1y :oariput~iay oo~utra~t, apprehension, p feu of or fmm har ssid husband. wn~~ ti~a'.~.ak~a.Y,.a~ ~h~ ?z-d~ d,r ~ Octobe p. 19 68 , ~ _ ary Publk in and fw the 51~t~ of Horid~ ~t Luyt ~;~tetum T • " ' MY Co~rnasan ~xpv~s. 9- - li ~ ' ~r~•.S.~,f~q:1i~~.'~?~o,a•r~o~ FILE~ AND RECORDEO' % s?•F~;.?1e~• L~~ ' ST. LUCIE COUNTY, FLA. f~ACa.ce..e1«~r,.~° ~ R'-:CO~.^. VFRIF{ED ;:,,tz~- 17'1680 ~ This instrument prepared br - ~s8 Q~T 2 8 ~ ~ 0% ~ ~ First Federal Sev. & loan Assn. ' of Fort Pierce ' RO~ER tOITRAS By John W. Collins CLERK CIRCUIT COURT- ~ ~ ~ ' ~ ~ ~