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Home My WebLink About1444 To pl~u and continvously kHp dn ths b~ildieys now o~ hK~sh~~ ut.vt~ on ssid tand u~d on all pu'~~t ud pawnally cova~d by thi~ nwrt~ with all premiums thsnon paid in full, fir~ insu~~np in th~ uwa~ standard policy fo~m. in a sum ~pprowd by 1M MORTGAGEE, and wi~torm insw~nq i~ th~ ~swl ~tandard palicy fam, in a wm approved by tM MORTGAGEE. i~ wch tompany or comp~ni~s u tM MORTGAGEE m+y d'uectt and ~II tirs and wu+dswrm insur~nq policiea on ~ny of said briWinps, ~ny MtKat th~rein w part thxeof, in tl» ~re~+t~ wm afonsaid or ` in ~xuss tM~~of, shall contain tl» usval standud morty~ee clww w such othe~ cl~us~ u~M Monya~et m~y requu~, makinp the lou u~ said po1F : cies. sach and ~very. paYabl~ w uid N10RTGAGEE u in interest m~y ~pps~r. +od each uw! ~very :uch policy shsll bt promptly au:yned ar+d delivHed to any held by said MORTGAGEE ~a funher security to sald morl~~ debt, and, ~+ot le» tM~ ten (10) days in advanct oi the expiration of each policy, to de~ liver to said MORTGAGEE a re~ewal theteof, topether with a taceipt (o~ the premi~ of tuth rentwalt and there sh~ll be ~+o fire a windsto~m inwru?c~ plsced on any of sak! butw..:ys. ~ny inferest thttein or p+rt thereof, unleu in the fam ~nd with tM lou pay~bl~ u ~tonsaid: and ie tM ~v~nt ~oy wm of mon~y betomss payabl~ vndar wch policy or policiss s+id MORTGAGEE shall Mw the optan ro receiw and apply the same on uco~n~ of tM indebted~ neu s~cur~d hereby o? ro pKmit ssid MORTGAGORS to receive snd us~ it a any put the~eof fw other purposes, without thrreby waiving ot ~mpair- inp sny eqvity, lien w right v~der w by virtve of this mortpape; a~+d in tM ~vent ~aid MORTGAGORS shall for any reawn fail M keep the iaid premises so ( insured, w fail to deliver promptiy ~ny of said policies of ir?su~ance to ssid MORTGAGEE, or fail promptly to p+y f~lty any premivm therefor or in ~ny reapect fail b ptrfwrin, dischsrgs. execute, effacf, complero, comply with aod abids by thi~ tovenaM, o? any pa?t hueof, said MORTGAGEE may p~xe ~nd paY for wch irovrance or any patt tl~eof without w~iviny o? atfectinp any option, li~n, pvity, w right unda a by virtu~ of this Mortpaye. and tM futl amo~ot of each and every such payment sh+ll be immediately du~ ~nd payabl~ and shall bear interest from tM Mt~ thsreof ~ntil paW at th~ rat~ of ~ nine per centum pa annum and together with wd~ interest thall be secvrod by ths lis~ of this mortp+pe. 1 1. To pennit, oommit v: wffer no wsst~, ImpairmeM or detaior~tion of said property or any part thereof. ~ S. to pay all a~d singulsr ths costs, cha~yes ~nd expensss, lncludinq a r~awn~ble attorney's fee and costs of sbstractt of title, incurred or p~id at any time by said MORTGAGEE, because w in th~ svae~t of 1M failure on the pstt of the said MORTGAGOR ro dvly, promptly and fulty perform, dixhu9~. r:ecute, effect, oomplete, comply with and ~btde bp each and every the stipulatiorts, agreements, conditions, and cove~ants of said promissory note and thii mortgape eny or ei~her, ~~d said tosts, cMrges ~nd expenses, esch and tvery, shall be imm~d~ately due and payabtes whether a not tF~ere be r~otice ds mand, attempt ro colkct or svit pendingt a~d the full amount of tach and every wch p~yment shall bear interest from th~ date thercof unNl paid ~t tht rate of nine per centum per annum; a~~d all said eous, ch+rpes and expenses incvr~ed or p~id, together with tuch interest, sh~ll be sscured by the lien of tha mortyaq~. 6. That (a) in ths event of ~ny brexh of thls AAwtys~~ w default on th~ part of the MORTGAGOR, w(b) in the evem any of said sums of money herein referred to be not promptly and fully p~id wit~~in Ihirty (30) days nexl after the same severally become due and p~yable. without dema~d or notit~, or (c) in the event each and every the stipvlations, sgreemtnb, conditions and toven~nb of ssid promissory note ~~d th~s mortpape any w aither ~re nol iuly, promptty and fully performed, discharged, executed, effected, compttted, complied with ~nd abided by, then in eifher or any tvch wtnt ths said ag gregate sum meniwned in wid ptomissory oote then remsining unpaid. with intcrest acuued, and all moneys secured hereby, sMll become dw and pay- able fwthwith, or thereafte~, st the option of iaid MORTGAGEE, as fuly and completely ai if all of the said wms of moriey wer~ apinally atipulated ro be paid on iuth day, a~ythit~g in ssid promiuory note or in this Mort9age to tM contr~ry notwithstanding; and there~rpon or thcreafter at the oplion of seid MORTGAGEE, without notice w demsnd, wit at law or i~ equity, therefwe or thereafter begun, may be proxcuted ~s if tll moneys tewted hereby 4 had mat~red prbr to iri institution. 7. TF~at in the eve~t that at ti?e beginning of or ~t ae?y time pe~ding sny wit upon this Mortyage, w ro forecloss N, a to reform it, w to enforce payment of any claims he~eunder, said MORTGAGEE shall apply fo the Court having jwisdiction thereof fw the appointment of a Receiver, wch Court shall forthwith appoint a receiver of said rtwrtgaged properfy all and singvlar, inclvd~rg all and singular the income, profits, iuues and reven~es from whatsver source derived, each and every of which, it txing expressly undNStood, is hereby mwtgaged as if specificslly cet forth and desuilxd fn the yrsntirg and habendum clauses hereo6, and such Receiver shall have all the brwd and'effective fu~ct~w~s and powen in anywise e~trusted by a Court to • Receiver, and such appointment sha~l be made by such Court aa an sdmitted eqvity and a matter of absolute right to ssid JNORTGAGEE, and withovt refereinte to the adequacy w inadequaq of the value of the properry mortgsged w to tlx wNency or insolvency of said MORTGAGOR or the defendanri, a~d that tuch ; renrs, profin, income, iuues and •evenues shall be applied by such Receiver accwdinp to the lie~ or eqvity of said MORTGAGEE and the practioe of s~ch Court. 8. To duly, promptly and fully pe~form, discharge, execute, effect, complete, comply with and abide by each snd every ths stiputations, agreements, condiYans and covenants in said promissory oote and this mortgage set fwth. " 9. TMt in the event the ownenhip of the mortgaged premises, w any part tFxreof, becomes vested in a penon other than t~ MORTGAGOR, ths MORTGAGEE, its succeuors and auigns, may, without nofica to the MORTGAOR, deal with such successor d succcssor in interest w~h reference to this mortgage and the debt htreby secured in the same mamer as with AAortgago? without in sny way vitiatirg or discharging the Mwtgagors' (iability hera under or upon the debt hereby secured. No ale of the premise: hereby mortgaged a~d no forbearance on the part of the MORTGAf~EE or iri successors ar assgns and no extension of the time fw tix paymeM of the debt hereby secured given by the MORTGAGEE or its succe~son or auigns, sMll operat~ ro release, dischsrge, modify tiunge w affecf the wigina) liability of the MORTGAGOR hemin, either in whole or in part. E 10. h is spec~fically agreed that time is of the essence of this contract and that no waiver of sny obligation hereunder a of the obliyation ar cured hereby shall at any time thereafter be held to be s waiver of the terms hereof a of the instrvment secured herby. 11. In add~tion to the forego:ng monthly payments of princ'psl and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mwtgagce to be equal to 1/12 of the annual cost of the follow- ing: , A-AO rcal property taxes Ievied w assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried o~ the improvements situate oe the above desuibed premises. C-Premiums on suth mortgage guaranty insura~~ce as mwtgagee shall from time to time deem fit to carry on the loan secured hereby. Nbrtgagee shall from time to time notify mortgagor in writing of the amount due and payab(e hereunder and suth sum shall thereupon be due and F.ayable on the due date of the next maithly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such an,ount. Such sums shall be applied by mortgagee toward the payment of real property tsxes, imurance premiums, and mortgage guaranty insurance premiums. ! ' IN WITNESS WHEREOF, the said MO 6AGOR hss hereunto sef his hand and seal the day and year finf sfaesaid. iy Sesled and i t presence of: I q _ .L:.Qr n--n n--4 - S7ATE OF FLORIDA ~ . couNn oF St. Lucie , 8efore me perwi?alty appeared R? Ch_a__r d g i Qhn~ - - ~nd # Catherine Blfl~lOm his wife, to me well known snd known to me to be ` rhe individwli desuibed in and who executed the faeyanp instrument, and xknowleclped before me that they executed the same for tF~e purposes i !herein expreued. And the ss~a Catherine Biahom W;fe of ths asid Richard Bighom flPMa?~ alld ~1fl~lal~ e.am~nstion by me taken separate and aparf from he~ ssid husb~nd, adcnowledyed to and b~foh rn~ fhat she e:ecuted said irotrvmentdreefy and volurr ~a.~1y ~nd w~tho~t ~ny compulsion, constraint, ~ppreiwraion, g fear of or from her said iwsband. WITNESS my Mnd and officia) seal fhis ~8r's day ot November ; i!l..b..t9~_ 1 ~ , t.;..; ANO RECORO~'-~i~to+~~P~°~t',`:~.d t« r~ s r~~f F r':t' ~ gT~~~~E OUNTY. FLA. M,, c~w.~, ~~j Retum Ta t1 G p " ' ~ . 'J - F~n~ Fcde~ai s.~~~s a~e,~ n.aocNta~ ~~C7R a(ItAly w~Ui~ iTATE Of fL6~i~A A~-~RQA ~A . Of Fort Pierce. 1 M1? COMMISSION EXPIRES DK. 3.'1!K' C' : Fwt Pierce. Florida ~OMD[O 1NRp{pp ?~to w. ot[~TS~MO'~f `~v = ~sa Nav i 9 ~ ~z : i i , . This instrument prepared by J~ Frst Federal Sav. b Loan Assn. R GER r ITRAS of Fort Pierca CLERK CIRCUIT COURT' ar ~ves aooK174 Pa~~1440 ~ ~ ~7 ~ ~F c f t