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Home My WebLink About1865 ' : i i ` ~ 3. To place and conHnuously ke~p on tl+~ buildinqs ~ww a I+Ke~h~r ~itwte on ssid tar+d and on ~II puipm~nt ~nd pKSOn~l1y oownd b1? thi~ narq~ sp~, with aU premi~ms thereon p~id in full, firo ins~ranc~ te ~he uswl standard policy form, k? s wm approwd by th~ MORTGAGEE. ~nd w~ndstam inwranc~ in tM uwal uu~da.~ pol~cy fam, in + wm approv~d by ~M MORTGAGEE, in wch company w comP+r?ies as the MORTGAf3EE m~y dindl ud all tire ~nd windi~orm inswa~a pdkia oo +ny of said buildiops. any intK~t therein or p+h th~r~of, in tM sp~repa~~ wm afwes~id ar in e~caa thereof. sMtl ca+t~in tM uswl standud matysyM tl~uw w wch oli~ tlavs~ as tM Mortpa~e m+y nquv~. makinp tM loss ~ndK ssid pd4 ci~s, each and ewrY. WYabl~ to ssid MORTGAGEE a i» inte~ast m~y spp~ar. +~d e+ch +od ~ve+Y such Pclicy ahall b~ promptly ~u:yned and d~livKtd ro aey Mld by s+id MORTGAGEE ~s funha security to i+id mwtys~ debt. +~d. not ~sss tMn ten (10) d~ys in adv~nc~ of tl+~ ~xpu~tion of each polity, to da IivN to ~aid MORTGAGEE ~ r~new~l theraof, to~e~her wi~h • rot~ipt fw the pranivm of wch rK?ewal; and tMn ah+ll bs no fin or wi~+dsto~m inw~+~u pl~d on ~ny of s~id buildings. ~ny interest tMrei~ or put thereof. unless in tht form and with tl+~ toas paYable as ~fwesaidj and ~ the ~vsM any w~n of mon~y becarws pa~;.r~4 w+d~~ wch poUcy or polici~s s+1d MORTGAGEE shall Mw tM opta~ ro ~eceive a~d apply the same o~ accovnt of tM indebted~ ~ess sacur~d h~reDy a lo permit s+id MORTGAGORS ro?eceiw aid use if or any part thereof iw other purposes. without thereb~ waivi~~g w impa'w- inp any puiry, or ri9ht ~nde~ o~ by virtve of this mortya~ej and i~ tM ~vem wid lNORTGAGORS sh+~l for sny reason fail ro keep the ~id premisea io tnwred, or fail w delive? promptiy a~y of said policies of i~uuranc~ to said AAORTGAGEE, or faii promptly to pay fvlly any premivm the~efw w in iny rosp~ct t~il b p~rfarty discharge, exec~te, ~ffed, complete, comply with ~nd sbid~ by this covenant. a~nY part hereof, uid RAORTGACaEE m~y plaa and pay for such i~wranc~ or any part tF?ereof without w+ivinp or affectinp a~ryr optan, lia+, equity. or right under or bY vi~tw oi tMs Mortg~. ~~+d the full amount of each uw ~wry such payma+t sh~ll be irrrnadi+tely due snd payable ~nd thsll bear interest f~om ths date therwf until paid at tM raN ol nine p~r centum per a~num and toyether with such interest shall be secured by the lie~ of thw mortgs~e. 1. To petmit, cummit o? wffer no wute, impairment a tkterioration of said property w any part the?eof. 5. To pay al) and tingu~sr the cosri, charges a~+d exPenses. inc~ud~^y a re~sonabk attwney i fee and costs of abstracts of title, i~cvrred or paid at any time by said MORTGAGEE, betavse or in the event of the failure on the pa?t of ~M said MORTGAGOR 1o duly, promptly and fully pe~fwm, dixhsrg~ execute. ~ffed. tomplete, comply with and ab~de by each ~nd every the stipulations. agreements. conditio~s, and covenann of sad promiuory note and tha mwtgape any or either. and said costa, cha~es and expenses, esch and every. shall be immediately dve snd payable: whether w not thare be ~otice de mand, aH~mpt to wllect or suit pe~ding; ~nd the full ~nwuM of each and evay svch payment ~hall bea? interest from the date thereof until p~id at ths rate of ni~e per centum per aniwm; and all said cosri, chsrpes and expenses intwred or paid, togother with suth interest, shall be setured by 1M lien of thif maW+De• - 6. Thst (s) in !!r event of any breach of this Mwtgsye w defavlt on the pari of the MORTGAGOR, o? (b) io the event an1? of ssid svms of money herein referred to be not promptly and fvlly paid within thirty (30) days next aiter ihe same severatly become due and p~ysble, withoul demand w notite. or (c) in ths event each and every the stipulatio~s, sgreemet?ri, conditio~s and covenants of said pran'~sswy note and th~s rr.ortgs9e a~y w either are not iuly, promptly and futly perfwmed, discharged, ezecvted, affected, completed, complied with and abided by, then in either a any such went tM said a~ gregate sum mentaned in said promissory note then remainit~p unpaid, with iNerest atuved, a~d all moneys setured he~eby, shall bet~ome dw +nd p~y~ able forthwith, or th:•eafter, at the option of said MORTGAGEE, as fully snd compktely as if all of the said s~ms of money were aiginally stipulated to be psid on such c~y. anything in said p~omiuory note w in tha AAo?tgage to the contrary notwithatanding; and thereupon or thereafter st the option of said MORTGAGEE, without notice w demand, suit at law w in eqvity, therefore or tfxreafter begun, may be p?osecuted u if all ma~eys secured hereby had matuted pr~or fo in institution. 7. That i~ the event that at the beginmm~g of or st ~~y time pendi~g any wit~upon this Mortgage, w 1o faeclose it, or to refa'm it, o? to enforc~ payment oi any claims herevnder, said MORTGAGEE sh+ll apply to the Court having jurisdictioo thereof for the appointment of a Receive~, suth Co~n sh~U forthwith sppoiM a receiver of said mortpaged property all and singvlar, includmg all and singular the i~orne, profits, iuues and revenves from whatevK wurce derived, each anc! every of which, it being expressly ~nders~ood, is F+creby mor~gaged as if spetifitalty set forth and described in the granti~y and habendum davses hereof, and such Receiver shall have all the broid and effective furictiwu and powers in anywise entrusted by a Cw?A to ~ Receivu, ~nd such sppointment shall be made by wch Court as an admitted equity and a mstter of absot~te rigM to s~id MORTGAGEE, and without refere~ce ro tM edequacy or insdequscy of the wlve of the prope??y mwtgaged or to the wNency or insolvency of said MORYGAGOR or the defendann, ar?d that such renn, profits, income, iuves and revenves shall be applied by such Receiver sccwdioy to the lien a equity of said MORTGAGEE and the practice of wch CouA. 8. To d~rly, promptly and fully perform, diuharge, execute, effect, complete, oomply with and abide by each and every the stipulations, ~yreements, conditans and mvenants in said prom'nsory note and this mortgage set forth. ~ 9. That in the event the ownenhip of the mortgaged premises, a sny pan thereof, becomes vested in s person other than the MORTGAGOR, th~ MORTGAGEE, iti successors and assgns, msy, without notice to the MORTGAOR, desl with such successor or successor in interest with reterence to tha mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or dischirging the NMrtgagon' lisbility he?a under or vpon the debt hereby secured. No sale of the F~emises hereby matgaged and no forbearante on the part of the MORTGAGEE w its successon w aui9ns and no extension of the time for the payment of fhe debt Ixreby secured given by the MORTGAGEf or iri svccesson or assigra, shall operat~ ro rekase, dixhuye, modify thange or affect the original liability of the MORTGAGOR Ixrein, eithet in whole or in part. 10. It is specifically ag?eed that tune is of the essence of this contracl and that no waiver of any obligation he?tunder .qr•~f ths _ob{Ipation se- cured hereby shall at any time thereafter be held to be a waiver of tF?~ terms hereof w of the instrument secured herby. - 11. In add~~io~ to the forego:ng monthly payments of princ:pal and interest required by the p~omiuory note secured har ~ iMH~g}1r' covenanfs " and agrees to pay to mortgagee with each monthly payment an additional sum estimsted by morfgagee fo be equal to 1/12 of t~ . oE~flip.fdlow- . ~ ~J~. A-All real property taxes levied w asussed against the above described resl estate. ~ v' B-Premiums on fire and windstorm insurance as herei~ requrted to be wrried on the improvements situate ~'the ~ove ~bed p4ew~iset. : C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the~oap re~hereby. , Mortgsgee shall from ti to time notify mo.tgagor in writirg of the amouM due and payable hereunder and,.wc~ 11 tEiere~ be ~ltlR.aod ' payable on the due date of xt monthly payment and each successive month thereafter ur,til mortgagee shall noti~ q~ri~or of s chal+ps 1R soch ~ amount. Such sums shall be app ed by mortgagee ~owsrd the payme~t of real property faxes, insurance p?em:u ~ and ~J~ ~wla'1~i1~rl~urbxe PftT . t~~~ 4 ! i IN WITNE ER he said MO TGAGOR has hereunto stt his hsnd and seal the day and year first aforesaid. ~'ii, V~~i C~;' livered i presenos of: ~ ~~~~4r::uni~,~.r~•'~~,. ED ANO ~tECORDED ar nc ~ q _,T. LUC~~ C4UN1'Y. FLQ. By. ~ . ~ r i ~ ia~~l~ A tte s t: Be7ie 7lr~ - ~..q - . ~0 - - - -,~~~N~~~~~`#fi__ _ - - . ' r STATE OF FLORIDA y~ ST. LUCIE 1 HEREBY CERTIFY, Thst on this j~ ~OUF~ovember , A.D. 1q68 ~ before me personally appeared g~~ M• Radke a~ Dor is M. R adke respsctively President and Secretary , of ~ Bdaar, Inc. ~ , Florida , ~ _ - . known to be tha persons described in and who executed the foregoing instrument, and seve~ally ecknovr~~~¢xe- j ~1~. r,?' ~ ~ i ` cution theroof to b~ their free act and deed ss such offtcers for the uses and pursoses therein ~rienti~ „a~!!'tlNf~~~, - Q".' c. affixed thereto the official seal of said corporation, and the said :trument is the ad a iif.'sai aorp~atioq:, ; ; s t J : ; WITNESS my hand and officisl seal at Fort Pieroe said ty ata~ ~ ~ . ~ - ; C_ ~ ' c`~ • . Notary Pub , n for ~tte . t ~ My Com ion Expires: ~i FL~~i1t t:.NE +,r co~wwsNON ~:,r~, w~~ R~t Fiilr~l Sw. i LoM i1W11. - M fert ti~ne. . . a-~y-~? Checked 8~r~.. Jwa D. Chastaie 0 R~~~ PACt~S~~ d00K z~ ~ }