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Home My WebLink About1635 ' .j ~ ~ • S. To plac~ and continvously k~sp on th~ buildi~s now a hK~aftN ~itvab on t+id land and on ~II equipn~nt and persorul~y cov~reo by this mort¢ with all premiwrs Il+erea+ p+id in full, firo G?t~nnu in th~ uswl atandard poticy form. in s sum approv~d by tM lNORiGNGEMOR GAGEE~tm+ inHxa~ce fn tM uswl ~tandard poiicy form, in ~ sum spproved by /M MORTGAGEE, in wch comp:nY «~^W^~+ Y dinctj and dl fin +~d wlodsto~m irovwna polkies on +ny of ssd buildinp~„ ~ny intenst thtrein w p~rt ~I+Kwf. In ths ~~ep~tt sum afornaW or In extess thereof, sMll contain tM vswl standud mortpa~ dwss a such W1w d+us~ a tM M«tyap~s may requin. m+k'up tM Iwi ~~de~ sa~d polF cMS. each and every. p+Yabk to said MORTGAGEE a iq int~nst m~y ~ppear. and each and tvery such policy shall bs p?omptly ~u:yned u+d de'"`~0(~ ~O any MW by said MORTGIIGEE as furtFu~ security to said matys~~ d~bt, snd, not leu tFWn ten q0) days in sdvaocs of tF+e ~xpiraYan ot e~ch policy, to dr liwr to NW MORTGAGEE a ~enewal thertof. topethK with a receipt fw fhe pnmium of suth rsnswsl; and 1her~ shall b~ no fu~ a windstwm inwrtnc~ platet! on sny of said buildirgs, ~ny inte~est thetein or part thereof, unleu in the fotm ~nd with fM loss p+Yabie as ~faesaid; uid in tM ~wi+f am~ sum of money becwnes p~y~bte und~r wch poltcy a policies s+id M~ORiGAGEE shall haw ths optan ro roceive a~:d ~pply tM sune a~ +ccount ot tM indebted- n4ss setund hereby a M psrmit said MORTGAGORS to reteiw and use if w any part thereof iw othcr purposes, without thereb~ waiving a unpair- iny any pvity, lie~ ot ri~ht under or by virtw of thls mortgayej ~nd in da went said MORTGAGORS shall for aoy reaton fsil to keep the said premises so insured, a f~il b dtlivcr promptly ~ny of wid policies of insurance to said MORTGAGEE, of fail promptly to psy fully ~ny p?emi~m the~~fa~ a~ any respsd fall to paform, d'ischar~e, execute, eff~cl, canpl~te, comply with ~nd abids by this cove~snt, w anY part hereof, said MORTGAGEE m+y p1~ and paY fw tuch inwrae?c~ o? any pa~t thersof wiilw~t walvinp w ~ffectinp ~ny opYan, tien, equity, or right ~nder w by virtw of thh Mwt~ag~, and the full amount of each and ~wry such payma+t shall bs immediately dw ~nd paYabk and ahsll bear interest from ths dats thereof ~ntil paid +t ths ~at~ ol n~ns per cantum per amum and together with tuch interest shall be sea?red by the lien of this mortpage. 1. To pKmit, commit or s~ffet ~o wsite. impairment a deterioratan of said property w~ny pact thereof. 5. To pay all and singulu ths costs, chu9es snd expenses, including a reasonable attwney's fee and cosri of abstracts of title, i~curred w p+id at e~y tims by said MORTGAGEE, beca~rse or in the evtnl of ths failwe on ths part of ths ssid MORTGAGOR to duly, promptly a.~d. fu11Y perfwm, d~scMrgR execut~. ~ffsct. oompl~~~, comply with and abide by each and every the itipulations, agreements, conditions, and oovensnts of said promissory note snd thi~ mortgay~ aMr w eitha. and said-cosb, chargea and eapenses, each and every, sfiall be immediately due and payable: whether w not there bs notice de- mar?d, anempt to collect a wit pending; and the fir71 srraunt of esch and wery i~ch payment shall bear interest from the date thereof w?til paid N the ?ate of nins per centum per amwm; aod all eaid cosri. charges ~nd expa~ses incvrred or paid, together with wch interest, sMll be sttured by the lien of thif mort~+y~. 6. That in the evant of any brcach of this Mortpsys or default oo the part of the MORTGAGOR, w(b) in 1he event any of said sums of money heroin referred to bs not promptly and fully paid withi~ thirty (30) days next after the same severally become due and payable, witha?t dema:vl or notice, or (c) in the event cach and svery the sfipulations, agreements, ca~ditans and cove~+ets ot said p?omiuory note a~d this rr.ortyage sny w e~ther are nof ~~ly, promptly and fulty performtd, d~scharged, executed, effected, compkted, compl~ed with and abided by, then i~ either or any s~ch e~ent the eaid a~ gregate wm menianed in aid promiuory note then remsinin~ unpaid, with interesl accrued, and all moneys secured hereby, shall become dw ~nd pay- able futhwith, or thereafter, at the opt~on of said MORTGAGEE, u fully and compk~ely as if all of the said wms of money were agi~ally st~putated ro be paid o~ s~ch day, anything in said promissory note or in this Mo?tpage to the con?rary notwithstsnding; and thereupo~ o? theresfter a1 ihe oplion of said MORTGAGEE, without notice a demand, s~it at law or in equity, there(we a thercafter begun, may be presecuted ss if all maroys securad hereby had matured ptior to in irotitution. 7. TI»t in the eveM that at the be9inning of or at any time pending sny wif upon this Mortgage, or to fweclose it, or to reform it, o~ to e~f~-~+s payment of any claims hercunder, said MORTGAGEE shsll apply to the Co~M having jurisdiction th.ereof for the appointmee?t of ~ Receiner, suth Court shall Fo?thwith appoint a receiver of said mortgaged property +II snd sirgvla~, includmg all and singular ~he income, profits, luues and revenues from whatevet so~rte derived, each and every of which, it beirg exprestiy untkrstood, is hereby mwtgaged as if spetifically set fotth and desuibed in the yranting and habend~m clauses hereof, and such Receiver shall have a~l the broad ~nd efiective funct~om and powers in anywise eotrusted by s Cour1 to ~ Receiver, and such appoi~tment shall be made by such Cowt u an admitted equity and a matte~ of absolute right to ssid MORTGAGEE, and without reference fo the adeqvacy or inadequaty of the wlue of the property mortgaged or to the solventy w insolvency of ssid MORTGAGOR or the defendsnri, and that svch rems, profin, incane, iuufs and revenues shall be applied by uxh Receiver according to the licn or equity of wid MORTGAGEE and the practice of wcl~ Co~A. 8. To dvly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each end every the stipulations, ~greements, cond'A'ans and coverunts in said ptomissory ~ote'and this mortgage set fath. 9. That in the event the wrnership of the mortgaged premises, or any part thereof, becomes vested in a penon other th~n the MORTGAGOR, ths MORTGAGEE, its wtcessors and aifigns, may, withovt notice to the MORTGAOR, deal with such wttessw w suuessot in interat with reference to this mortgage and the debt hereby setvred in ihe same manner ss with Nbrtgsga without in ~~y way vitiatieg a distharging fhe Mortgsgors' lisbility herr under w upon ~he debt hereby secvred- No s+~e of the premius hercby matgaged end oo forbearance on the part of the MORTGAGEE w iri successon or auigro and no extension of the time far the payment of the debt hereby secured given by the MORTGAGEf w its successon w auigns, shsll operate to release, discharpe, modify change or affect the wglnal liability of the AhORiGAGOR herein, either in whole o? in put. 10. It is spedfically agreed that time a of the esscnce of this contrad and that no waiver of any obligatan hereunder or of the obliQaYwn se- cured hereby shall at any time thereaher be heW ro be • waiver of the terms hereof or of the instrumeM secured herby. additia~ to the iwego:ng monthly paymenls of print:pal and interest required by the p?omissory r?ote setured hereby, morigagor e and agrees to pa rtgagee with each monthly payment an additional sum estimated by mortgagee to be eq~al to 1/12 of the ann t e follow- ing: - A-All real property taxes levied or assessed aga~. e described real estate. _ B-Premiums on fire and windstorm insurance as herein requ~red to be 'm rovements situate on the above desaitxd premises. C-Premiums on such mortgage guaranty insuran gee shall from time to time deem ~ the losn searred hereby. f N4ortgagee shall from time to Y mortgagor in writing of the amount due and payable hereunder and such wm s t'~ ~n be due and ; payable on the du neat monthly payment and exh successive month thereafter until mortgagee shall notify mortgagw of a chan ' such ! amount sums shaN be applied by mortgagee toward the payment of real property taxes, insurarxe prem:ums, and mortgsge guaranfy insut ; pr wms. ~ IN WITNESS WHEREOf, the s+~d MORTGAGOR has hereuMO set his hand and seal the day and year fint afwesaid. Sip~sd, led a elivered in the p?esence of: ' n ~ ~ ~--n STATE OF FLORIDA SS. ° ~p~~ p~ St. L-~ie ~ t s.t«. n,. penon+~~y .ppes.ed Julius Laster j F Ida Mae Laster ha wife, to me well knawn snd known to ms to b~ i the individwh describsd in and who executed tFw forpoinp irutrwnent, and acknowledged before me thst they ezecuted the ume fo~ the purposes ~ t~ ~;a I da Mae L as ter wife of tM said .j~1LiS Laster .~...re .~d ~.~~.r. exsminatan by me taken se~lsnte and apart irom her said hus!»nd, ackrawleJged to and befo~e me that she executed said irotrument freely and volun~ rarily and wirhout any comp~kion, caatraint, apprehensipA or fea? of or from her said husb~nd. WITNESS mY hand ud offitia) ssal fl~~h day of NO er A. D. 19.~~ , . Notsry Pu in ~nd fo? th~ St~q of florida n Lary~ ` F(LE~ ~NO RECOROEt~,~,~' ""y b^ ~.y. ~ . ~ : Return To: " F~n~ F.d...~ s~„t~ a t~ ~.~«~.n«? $T. LUCIE COUN7Y. F1.1~': ~«~,s.~~:r ; S,~\ ! Of Fat P~erce. Rf~F~~~~,E~~~•,.~p.~ c±rry Pi::~~;, State of Flcrida ~t l~rq~ Fwt Pierce. Flaid~ L ' ..iy Co~:,:r:ssion Fxp:tes Ilu4. 6, 1971 -~i r.~a..: e, n,..nw,;;,. a Cru.d,~ ~ '68 N01t 25 aN 1 t t.~ _ ~ This Instrume~t Prepared By ; ' Fint federal Savings ~ loan Association%~~ , ~rR ' ITRA~ r, ~ ~ of Fort Pierce CLERK CIRCUIT C~~,`• : ` CheCked By J. CQll i ne '~~~~r~ ~s~~"~~~ ao~K17~ ~1631 , ~ ; . ~ cf