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Home My WebLink About1643 3. To plac~ and continvouily k~sp oe th~ buildinps now a I+KeaRN sitwb on said I~nd snd on all eq~ipment ~nd pe?wnaliy covaed by this mor1~ sp~, with ~tl premiums theroo~ ps~d in full, fire insuranc~ in the uiwl star+dard policy form. in a sum ~pprovsd by ~M MORiGAGEE. and windstwm inwr~nce in tM uswl ~undard pol~cy fam, in • sum spproved by tM MORTGAGEE, In such comp~ny a companies as tM MORTGAGEE n+~y dinctj ~nd ~II firs +nd windstwm im~rance poliues o~ any of t+id b~ildinys, a~y interat therein w part theteof, in tM a~reya~e ~wn afa~said or In sxcess thereof, ~MII cont~in ths usval standard mortgs~e clause a such otM~ clwss ~s the Mortps~se may rp~i~~. makinp th~ toss unda wid po16 ( cies. each and every. psYable ro said MORTGAGEf as ib intaest may ~ppear. ~~d eath a~d every such poliq shall bs promptly ~u:yned and dslivtred to ~ •ny held by taid MORTGAGEE ~s furtF~a security to said mor~pa9e debt, u?J, not Iess ti?in ten (10) d~ys in advance of tM expir~tion of aach policy, to d~- Iiver to saW MORTGAGEE • renewsl thereof, to~ttAN with • reteipt for the pnmium of wch renewalj and thero shall be ~o firs or wir?dstwm ins~rant~ plaud on sny of wid b~ildings, any inte~est therein a parl thereof, ~nleu In ths form a~d with tM losa p~yable as aforcsaidj and in tM everH a~y sum of ma~ey becomes psy+bl~ ~ode~ such policy or policias s~id MORTGAGEE shall haw tM option to receive a~+d apply the same on account ot tM indebted- neu setv~ed hereby a b permit said MORTGAGORS to reteiv~ u~d us~ it w any part thereof fw othcr purposes, wi~hout thrrEb~ waivi~~g or impair- inp any equity, lien w~ight under a by v'utve of this morlpayes ~r+d in tM svent said MORTGAGORS shall fw any reaton fail to keep the uid premises so Inwred, w fail to d~liver promptly any of said polities of irwurante to s~id MORTGAGEE, or fail promptly to pay fv~ly any premium therefw or In any resp~d fail b ptrform, discharye, ~xecvte, effecf, compler~, comply with and abide by thia covenant, w any parf hereof, ssid MORTGAGEE may plece snd pay (or such i~suranu w any p~h thsreof without w~ivirp w aNecti~p a~y option, lien, equity, w right under w by virtue of lhts Matgs~s, ~nd the full amovnt of each and evtry such payment ah~ll be immediately dua snd payable and shall bear inte~est from th~ d~te thereof until paid at the rat~ ol nine per cenWm per annum and together with such inierest thatl be secured by the lien of this mort9age. I. To pKmit, tanmit or wffer no waste, impairment w deterioratan of said property or a~y paA thereof. S. To pay stl ~nd ~irgular the costs, charges +~+d expenses, including ~ rcasonable ettwney's fee and costi of abstroct: of title, uuurred w paid at any tims by said MORiGAGEE, because or in the event of the failure on ths parl of the ssid MORTGAGOR to duly, promptly a~d fvlly perfwm, d~scha~ge execvte, effed, complet~, comply with and abide by each snd every tlx stipulations, agreements, condttions, and covenants of said promissory note ar+d thii mortgage any o? either. and taid costs, charges and expenses, each and eve~y, shall be immediately due a~?d payable: whetlxr w~w1 there be notice de mand, attempt to mllect w wit pending; and the full arrwuM of each and every suc6 payment shail bear i~terest hom the date thereof ~ntN paid at the rate of nine per centum per an~wm; and all said eosts, charges a~d expenses intu~red or paid, together with such interest, shall be sstwed by the 1'~en of this 6. Th~t (s) in the evenl of any bresch of this Mortgaye or default on ths part of the MORTGAGOR, or (b) in the event ~ny of w~d ivms of money he~ein ~eFerred to be no1 promptly and {ully paid within thirfy (30) days nex~ aiter the same severally become due and payable, without demsnd w not~te, or in the eveM each and every the stipulations, agreemenri, conditions and covcnants of sa~d promiuory note and th~s m.ortgage any p either are not iuly, promptty and fully perfwmed, dixharged, execvted, eifected, completed, complied with and abided by, then in eithe~ a ~ny :uch event ths said aQ~ gregate sum mentaned in said promiuory note then remaining unpaid, with interest acuued, and all moneys setured hereby, sMll betome dve and pay~ able fathwith, a tlxreafter, at the option of said MORTGAGEE, as fully and completely as ii all of the said sums of money were originally stipulated to be paid o~ suth day, anything in sa:d promissory note w in this Nbrtgage to the controry notwithstanding; and thereupon or thereafter at the optio~ of said MORTGAGEE, withovt notice w demand, suif at law or in equity, therefae or fhereaiter begun, may be prosecuted as if all moneys setured hereby had matured pnw to iri institution. 7. That in the event that at the beginning of or at any time pending any suit ~pon this Nbrtgage, or to faeclou it, or to reform it, or to enforce payment of sny ciaims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of • Receiver, such Court shal) Fwthwith appoint a receiver of said mortgsged proQerty all and singular, includ~ng all and singular the income, profits, iuues and revenues from whatever source derived, each and every of whKh, it be~ng expreuty understood, is hereby mortgaged as if specifically set fwth and dex: `-~d in the granti~g and haberxlum clavses hereof, and such Receiver shall have all the broad and effective funct~ons a~d powers i~ anywise entrusted by a Co to a Receiver, and :uch appointment shall be made by such Court as an admi~ted equity a~d a matter of absolute ~ight to uid MORTGAGEE, and wit~ reference ro fl?s adequacy w i~adequacy of the value of ttee property mortgsged or to the wtverxy or i~solvency of said MORTGAGOR 61 the defe~ants, a~+d ~uch rents, profin, incane, iuues and revenues shall be applied by such Receiver sccording to the lien w equity of said MO~GA6EE ar+~i I~e practic~ uch co~~r. - ~ ~ ~ ~ r m 8. To duty, promptly and fully perform, d7scharge, execute, effect, complete, comply wi~h and abide by each and ~ie~ the sfipv atia?s„ ~~ts, conditara and covensnts in said promissory note and this mortgsge set forth. A(TI N D 9. That in the event the ownership of the mortgsged premises, w any part thereof, becomes vested in a perwn ~ t ~ MORTG~~ tht ~ MORTGAGEE, its successors and assigns, msy, without notice to the MORTGAOR, deal with sych successor or :uccessor Gi ~ter with refer this ~ , mo~tyage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or distharg~ s' li " ,"~era under w upon the debt hereby secured. No sale of the premises F~ereby mortgaged and ra forbearance w? the part of E a it or a:signs and no extension of the time fo~ the paymcm of the debt hereby secvred given by the MORTGAGE' or its s~t~ws assiyra, ~ ate ry~ ro release, discharge, modify change or affect the originsl liability of the MORTGAGOR herein, either in whok or in p~N~ w 10. It is spedficatly agreed that time is o/ the essence of this contrad and that no waiver of any obligation ~e aF the o~ ~ cured hereby ahall at any time the~eaftN be held fo be a wairer of the ferms hereof w of the instrument setured herby~ W rDsQ'~ 11. In addition to the faego:og mo~tFJy paymtnts of princ'pa~ and interest required by the promissory note secuied hereby,~atgsgw foV~~ts a~d agrees to pay to mortgagee with eath monthly payment a~ addirional sum estimated by mortgagee to'be tqua) to 1/12 of the annual cost of tlie~ollow- ing: - A-All real property taxes kvied or assessed against the above dexribed real estate. B-Premiums on fire and windstorm insurance as Ferein req~~red to be carried on the improveme:+ts situate on fhe above desvibed premises. C-Premivms on such mortga~e guaranty insurar~ce as mortgagee shall from t;me to time deem fit to carry on the losn secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereurder and suth wm shalt there~pon be due and payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such amount. Such sums sF.all be apptied by mortgagee foward the payment of real property taxes, insurance prem~urtu, and mortgage guaranty insur~nte premiums. . IN WITNESS WHEREOf, the ssid MORTGAGOR has hereunto set his hand and sea) the day and year first aforesaid. ~ , Sip Sealed de i e i s presence of: ~ • ; ) witneases as to signatur ~ q ~ • of I.arry L. neily cs~.n ) Witnesses as to signatir o ~ ) of Son ja G. Deily o STATE OF FIORIDA ~ St. Lu~cie couNn oF ~ ~ defwe me personslly~sppeared 1 S o n~ a G. D e i 1 y hir wile, to me well known ~nd known to me to b~ ` the iodividwla desuibed i~ and who execvted the fae9oirg instrument, and acknowledged befwe me that~i~y ezecuted the sarne fw the purposes fherein expr~ssed. ~+d~lhe~ai~ SF~@ ..,.,~u, wifr-oPN+~-s~ii • ~~~s+~P~ ~~`vt~ -eR«n.i+.tiow-by +u.lak.r~~e~ `~..~.-^a ~pa~i ~ .lw..s.i~ iwsbao~-+~kaorded~ed .r~ ud .batprn a1s shiLit+G •~ew,~ei'~}rd.i.~lrrrneoL~ Jod_~mlu~ -*RiIY- «d ~.M~ov~ ~qr <a~qrl««i. sowsvai.t~ app~ 1a~~ of_ot Jmm bv s~i<L hVStiiGd.. - WITNESS my hand and offic;al seal thi~ ~ day of Novenber ~~~~_~'.~q 68 /O. C fi~ ' , _ . d' , Noury Public in ~nd for the 51ata of F l~i~ ai~ lar~ My Commissiw~ expir~~ ~,~y' i (~E STATE OF fLOR10A ~ MY ~I~IQM EXPIRES` J~L~t. 2S, 1911 S t. L uc ie SS' A°N°`°'r"~' um'w~s ~i-'°rN w~"!Y COUNTY OF e.io.• e„ P.r,on,ny,ppe„ed Larrv L. Deilv . tF+~ individuaA! dewibed in ~nd who ex~cuted the fa instrument, and ackrwwi -~wi(e? to m~ wel~ kAo~ ~,kPorw? b m~ to b~ ~^y edyed btfore me that-ti~s~r ~abcuie~~ the same fw th~ pvrpose~ 1 tMrein ~xpressed. -Ara-~Ae-s~wt ~ h~ wrife~vl~Ar-wir ' ~Pow ~~iP,~MM ~+~d»~tW+1~ lasw~aqlierr bY-rwr Mbew ~sp~?M~ ~-a~asf-fro~?.i~er. ~-'~~.~~'-wy:^ ~~~0 l~~~M~+~ ~-ew~t~~Q ~n! }wlyw~ wi~~ wrll~7e+~wM~es~-~ny-eawpuls~~«~+.~i.N.? ~f~~c~EertranrfwrwM~~sibw+i.- . ~ WITNESS my Mnd and official seal t' _ d~Y of " D. 19~$. • J ~ . This instrument r . ~ ' P~ No+,.y Pub~ic in .na ro. rb. S~IA( °R~ ~ ridar~. R.w.~ r« Frst Federal Sav. b loan Assn. Mr c«~,;u~«, ~~i 7/. F~ ~ ,,.~~t~, ~ F~ o R 16~9 _ : 4_~ ~ F~~ P~«< gooK174 oA~ Fort P~e~ce. F~-. ~ -