The URL can be used to link to this page

Home My WebLink About0538 f t . 9. To pl~ snd continuousy ke~p on th~ b~rttdings now or her~ahu Qfwt~ on said I~nd and on sll puipment ~nd p~rson~lly covK~d by thi~ mat~ p~ with all pr~miums thercon paid in full, fire i~~ur~nt~ in ~M ~nwl sundud policy fonm, in • swn ~pprovd by tM MORiGAGEE, ~nd windstorm in~waoa in th~ viwl uanda~d policy fam, (n • sum ~pprov~d by tM k10Rtt3AGEE, in wch company or oomp+nia a tM 1NORTGAGEE nNy dinctt ~nd +II flr~ u~d windstorm insw~na polici~s on any of Nid buildinps, p~y tnttnit tlw«in w put tl~wf, M tM ap9~epat~ wm ~faaaid o~ M~xons therwf, thall contai~ 1M uwsl sundard mwt~a~ claua a such ahw dwa a tM Mat9ape~ maY nqui~~, maAinp tF»' loss under s~id po1F da. tath ar+d evKy. p~Y+bls fo aid MORTGAGEE a~ its int~rest may ~pp~ar, u~d eatA and ~vNy suth polity ihall b~ promptly ass:yned and d~livw~d to any Iwld by saW MORiGAGEE a funher s~curiry to said monpaps d~bt. ~nd, not I~ss tMn t~n (10) days fn ~dva~a of th~ ~:piwtion of ~sch policy. fo dr liwr ro aid MORTGAGEE a ~~wal thereof, top~~hK with a repipt fw the pr~mium of wch ren~wal; ~nd tl?~n sh+il b~ ~o firs o~ windstorm F~suwac~ plaud on ~ny of aid b~?ildinp~, any fntt~sst tMr~in o? put tMrwf, wil~s~ in th~ form and with tM Iws p~yablt ss ~twaaid~ ~nd in ths ~vMt ~~ryr svm of nwn~y becwn~s psy~bt~ wxler wch polky w polici~s aid MORTGAGEE sh~ll haw tM option to receiw and ~pply tM s+m~ on account of tM lodebted~ rnss sttvnd her~by w W pKmit said MORTGAGORS to rcteive and w~ N p•ny parf thereof fo~ other purposes, wilhout thereb/ waivinq u impair• ieq anY pvity. li~n w ripht wid~r o? by virtus of thts mortp~pet ~nd te tM ~wnt wid MORTGAGORS sh~ll for amr nason fsil fo k~sp the ssid piemaes so Iroured, or f~il to d~liva promptty si+y of wid policia' of inwr~nce ro said MORTGAGEE, or fail promptly to pay fully any premium therefor w i~ ~ny r~~p~ct fait b p~rforrn, diuMrps, ~xecute, ~ff~ct, compl~t~, comply wirh ~nd abid~ by this covenu+t, w ~ny part M~wf, said MORTGAGEE m~y place and paY fa ivd~ irawanq a~ny put therwf withoW w~ivirg w aff~ctinp any opliay IiNf, p~ity. or riphl undsr o~ by virtw of thit JMortpsp~, and the full uoount of ~ach and wKy wch paymee?t sMll b~ emmediatdy dw snd pryabl~ and thall beu interat from th~ dat~ thereof vntil p~id at tM ~at~ oi nir» pK cMtum pK a.~+num ~n~d toyether with wch intKest ah+ll be s~cw~d by the li~n of this mortp~pe. 1. To pKmh, oommit or wfter no wut~. imp~irment or d~t~rior~tion of s~id properry a ~ny part theraof. S. To pay all and s6qular tM aosn, charpes ~nd expa?~es, tncludirp a roasonabk ~ttorney's fee snd oosts of absnacts of title, incurred or paid at sny time by said NIORTGAGEE, becavs~ or in ths ~vent of tFM failun on the p+?t of tM siid MORTGAGOR w duly, p~omptly and fully paform, dixhuge~ execute, effad, oompkt~, comptp with snd abid~ by each and every the sY~pulationa, ayroeme~ts, corwlitiora, a~d oown~nts of s+id p~omi?wry note ~nd rhi~ matyage ~ny or ei~he~. snd s+id aostt„ chupes,~nd ~xpens~s, ~ach ~nd ~very. shsll b~ i~nmediatey dw and p~yaWr, whether w not there be norice ds m~d, anempt to aollsct or w1t.p~Mlingj and'the full arno~nt of each ~nd wery such paymem slwll beu interest from tM date tlwreof until paid a1 the rate of nine per crntum per ~nnum; and all said costs, chupes and expenses incurrad o? paid, together with wch inte~est, ~hall b~ s~cured br tM lien of tha ^+atp+p~• 6. TMt (a) ie the event of any br~sch of th~s Mortgsp~ w defwlt on ths part of ths MORTGAGOR, a(b) tn ths ~vent ~ny of uid wms of rtansy herein r~fen~d to be not p~omptly and f~lly p+id within thirty (30) dayi nex~ after the same severally become dw ~nd payabl~, without dem+nd o? notice, or (c~ in fhe evtnt esch and every the stipulatior?s, agreements, conditions and mva?~nts of said ptomiuory note and Ihis matgape any or either ar~ nol ~uly, promptly and fv~ly perfwmed, discF~srged, executed, effected, completed, complied with and ~bided by, then i~ either or any :vch w~nt the said ap~ greyat~ wm menraned in said promissory note then remaininp unpaid, with i~tereif acu~ed, ~nd sll moneys secured hsreby, shsll becoen~ dw ~nd pey- sble forthwith, or thereafter, at ths optan of said MORTGAGEE, a fully and completety as ii ~II of the wid wms of monay wero aipin~lly stipulated ro be paid on such day, anythinp in said promissory note w in this Mortysge to the contr~ry notwithstanding; and the?eupon or thereafter at the opiwn of uid MORTGAGEE, without notice or demand, suit at law or in equity, the~elore or thereafter bepun, may be protec~ted as if all moners sacur~d hsreby had metv~ed prior to ib iMtitution. 7. That in ths eve~t that at the beginning of w at any tims pendir.g any wit upon this Mortgage, a to foreclose it, w to roform h, a to enfwp payment of any dsims Aereunder, s~id MORTGACaEE shall apply to the Court hsving jurisdidion tFroreof (w the appointment of ~ Receiver, such CouM sF?~II Fathwith sppoint a receiver of said morty~aged property all and singular, includ~ng all and singulsr the incane, profit~, iuues snd revenues from whatever source derived, eath ~nd every of whith, it being expressly understood, is hereby mortgsged aa if spetificaliy set fwth and desuibed in the praMing and • habendum clsuses hereof, and s~ch Receiver shall have all Ihe broad and effective funct~au and powtrs ln anywise entrwted by a Co~rt to t Receive~, end wch appointment ihall be maJe by wch Goun as ~n admitted equity and a mitter of ~bsol~te right to said NWRTGAGEE, and without reference ro the adequacy w inadequaty of the value of the properry morty~yed or to the wlvency or insolventy of said N10RTGAGOR or the defendanb, and that iuch renrs, profib, iocome, iss~es and revenues shall b~ spplied by s~ch Receiver accordinp to the lien w eq~ity of s+id MORTGAGEE and the practice of wch CouA. 8. To dvly, promptly ~nd fully perform, d'acharge, execute, effect, oomplete, eomply with and abide by each and every the stipulations, agreements, conditions and covenann in ~aid promissory note and this mortgage set fwth. 9. That in the event the ownership of the mortgayed premises, a any part thereaf, becomes vested in a penon other thsn the MORTGAGOQ the MORTGAGEE, iri successors and auigns, may, without nmice to the AM1ORTGAOR, deal with such wcceasor w successor in interest with roference to this morfy~ye and the debl hereby setured in the same manne~ es with Mortgsgw without in any way vitiatirg w diuharging fhe Mortgagors' liability here- under a ~pon the debt hereby secu.ed. No ssle oi the prem7ses hereby mortgsyed and no fabearance on the pan of the MORTGAGEE a in suocesson w auigns and no extension of the time fo~ the p~yment of the debt hereby secured given by the MORTGAGEE or its succeuors or auigiu, shall operate ro release, discharpt modify chsnge a af(ect the wiginal liability of the AhORTGAGOR herein, either in whole or in part. 10. It is specifically agrced that time is of the cuence of this controct and that no waiver oi any oblipation hereunder or of the oblig~Yan se- n:red hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrwnent secured herby. ition to the forego:ng monthly payme~ts of princ:pal and interesl reqvired by the promiuory note secured hereby, mwtgagor _e~fa~ nR" and agrees to pay a ee with es8'i rr~onthly paymsnt an addiiwnal sum estimated by matgsgee to be equal to 1/12 of the annu M~Oflfie fdlow- ing: A-All real property taxes levied or asuss a e desuibed real estate. B-Premiums on fire and windsrorm insurance ss herein required to car vements situate on the above described ptemists. C-Premiums on such moelgsge guaranty ins~rar,ce as mon rom t~me to time deem fit o he ban secured hereby. Mortgagee shall from t~me to time ' r in writ~ng of the amount due and paysble hereund~r snd such wm u on be due and payable on the d_u~e d a-~-~ x monthly payment and each successive month thereafter umil mwtgayee shall notify mortgagw of a c wth ' amou ums~- shall be spplied by mortgagee toward the payment of real property taxes, ins~rance premtums, and mortgage guaranfy inwra II emiums. ' IN WITNE55 WHEREOf, the said MORTGAGOR has he?eunto set his hand and seal ihe day and first afwesaid. ' ned, Se and in the presence of: r ~ - ~ ~a~ • ~-n I K--n ATE OF FLORIDA ~ • counmr oF ST • UICIE ~ - eefore me personally appeared George W. Hall and IC~t @! fl! M. H~ ~ W~{e, to me well krawn and known to me to b~ the individwb dewibed in and who executed the fore9arg instrument, scknowl~~ before me that they executed the same fw ths qrrposes rherein expressed. Md the ~a~ K!?thellTl! M. Ha?11 wife of the ~sid G60!!~ [t~. Hall vpon a sep~rate snd piv~t~ examinetion by me taken separate and apart from f~er said husbard, +cknowledged to and before m~ that she executed said instrument freely ~nd volu~r rarily and withovt arry compubion, constreint, apprehemion, or feu of or from her taid husband. WITNESS my h~nd snd official seal this 2Sth day o{ tO~e! A, p. 19 68 Nwary Pu ' m and fw the ate of Fforida at lup~ Retvm Ta. - MY ~xpira: /'17 ~ ft.n Fsder~~ s.~t~a a to,~, n.:oci.t~ ~ #btery P~b~'K. Stite of Flaida at Lx9~ Of Fon Pcerce. :1 ` . . . ~ ~~sap `~a ~ttq. 6. ~9n Fort Pierce. Flwids . M~ Fb ~ Gwrb~ G! ~ FILED> ANO RECORDED : : , - ~ ~ ST. LUCIE COUNTY, Fl•.A. This ~ ~ - ~~~co~n vFRi~~ED First Federa S~v b~ ared by W, - 1`71681 ~ oan Assn, . . ~ , _ gr John wF~ Co-11~ns O~`.,: ~68 ~~T 2 8 ~ ~Q ; ~ ~ J j. . - S! c~~.,,~ ~ ~OGER i°OITRAS , ~~~'~4 CLERK CIRCUIT COURT . ~ . - - -