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Home My WebLink About2348 ~ . 1 ~ To pleu ~nd conttrwously k~ep on tM buildirg~ ~w~w a M~Nfia ~itwt~ on saM land ~~d on ~U eqviprt~ent ~nd pawrully cov~nd by tN~ nwrt¢ p~. with all premiums thawn p~id in iull, fin insur~nc~ in tM ~susi ~tandard policy form, in a wm aNproved by tM MORTGAGEE. ~nd wind~tam tniw~nc~ In tM uiwl staodard polrcy iwm, ie ~:um approv~d by tl+~ MORTGAGEE, i~? such company or companies a ~h~ MORTGAGEE m~y dincti and ~II fln ~~d windstorm inw~anoe polici~s on any of said build~np~, ~ny tnt~rest the~ein or put thereof, i~ tM sppre9~te awn +to+es+id or In ~xass 1F~rsof, sMll contato ths ~swl standard mwtgape~ claus~ a wch otMr c1auN as the Mat9a~ee may r~qu'a~, m~kinp tM Iws und~+ said pd} cies, each ~nd every, p+yaW~ ro ~+id MORTGAGEE as its intere~t may appear, u~d each and every i~ch po~~cy thatl be promptly au:9ned ~nd d~~'vared ~o any held by ssid MORTGAGEE as further iecurity to said mwty~ye debt, and, not ku Ihan ten (10) days in ad:srxe of the expir~tan of each policy, to da IivN to t+id MORTGAGEE s rtnawal tFMrwf, topather with a roteipt {or the pranivm of such renewal; s~~d there sh~il be no fire a windstam insurance pt~pd on any of taid b~ildinys. ~ny interest therain w p~rt tF.ercof. unleu in tM form and with the lou p+yabk ss sfweuid~ u~d in tM ~vMt any wm oi nweNy beoomes p+y~bl~ u~kr such policy or policies wid fAORTGAGEE shall havs tM option ro receive and apply the same on ~ccount of tM ind~btad- ~ nsu sK~r~d hereby o~ 1o permit s+id MORTGAGORS to receivs and us~ if p any part thereoi fa othcr ;w~poses. wilhout thareb/ waivi~~y w impair- : ing a~y pu;ty, lien or ri9ht ~nder a by viAue of this mortp~ysj ~nd in tM ~vent aid MORTGAGORS ihall fa s~y ~eason iail ro kesp the s+id premises so ~ insured, o? fall b deliver promptly ~ny of said policies of in~~rsnce fo said MORTGAGEE, w fail promp?ly to pay fully ~ny premium the~efor p in ~ny { re~pett fail to pxforrn, diuharge, execute, effett, complete, comply with ~nd ~bide by this covenant, o~ any part hereof, said MORTGAGEE msy plap •nd pay for :uth ie?swant~ or ~ny part thereof without waivinp a affeclinp a~y option, lien, equity, or rigM under w by virtw of this Matgs~e, ~nd tM full amount of sach and ~wry axh p+yment shall be immediately dw and payable and shall bear inleresl from tM da» thereoF u~til psid at th~ ~at~ of ni~e per ce~tum pK ~nnum and together with such intereat shall be secured by tM lien of this mortgage. To permit, oommit or iuffa ra waste, impairment w deteriwstion of said ~uoperty or any pa„ thereof. S. To pay all ~nd tirgulsr ths cosb, cFro~es snd expen~es, incl~ding s ~e+wnsble ettorney's fee and co~ts of abstracts of title, incurred w p+id at any time by wk! MORTGAGEE, becavse w in the event of the failuro on the part of the said MORTGAGOR ~o duly, promptly snd fully perform, dixharyt, execute, effect, tomplet~, comply with and abide by each and every the stipulations, agreements, condi~ions, and tovensnts of s~id promissory nots and thii mortyaye sny w either, ~nd said coin, ch~ryes snd expenset, each and every, shall be immediately due arw payable; whethe~ or not there be notice de~ mand, sttempt to colktt u wit pending; and the full smouM of eath snd every suth payment shall bea. interest from the d~1e th~reof until paid ~t the rate of nine per tentum per snnum; and ~II said costs, charges and expenses incv~red or paid, together w~th tuth iMerest, shall b~ sacu~ed by the lien of fhi~ mort~~ye. 6. 1Fut (a) in the avent of any breach of this Mortgsye o? default on the part of the MORTGAGOR, or (b) in tM event ~ny oflsaid swns of mo+~ey herein referred to be not promptly and fulty paid within thirty (30) days ne:t after Ihe same severatly beca~.~ due sod payable, without demand or ~otice, or in the evem esch and every the stipulatio~s, sgreements, conditions and covenann of wid promiuory note and this mortpage any or eitAer ere not ~uly, promPtly and fully pe~formsd, discharged. executad, effected, completed, complied with and abided by, t4+en i~ either or any such evcM 1Fa asid ag gregste wm mentaned in said promiuwy note then remaining unpaid, with interesl accrucd, and all moneys secured hereby, shall becoms dus and p+y- able fathwith, w thereaftor, at ths option of said MORTGAGEE, as fully and completely aa if all of the wid sums of money were originally stipulstcd to be psid a+ s~ch day, anything i~ said promiuory note or in this Mortgage to the conuary notwithstandirg; and thereupw+ a themafter a1 the option of sa~d MORTGAGEE, without notice or demand, s~it at law a in equity, therefore or fhereaftlr begun, msy be prosecuted as if all moneys iecvrad hereby had matwed pnor to iri inslit~tio~. 7. That in the event that at the beginning of or at ~ny time pe~ding any suit upon this Mortgsge, or to fweclose it, or to rofwm it, or to enforce payment of any claims hereunder, said MORTGAGEE shsll apply to the Court havi~g jurisdiction thereof fw the appoi~tment of a Receiver, such Court shall forthwith appant a recciver of said mortgaged ~roperty all and singular, includ~ng aIl and singular fhe inmme, prolits, issues +nd revenues irom whafever wurce derived, eath a~d every of which, it beinp expressly vnderstood, ia hereby mortgaged as if spetifitally sN fwth and described in the yranting a~d habendum clauses hereof, and such Receiver shall have aIl the brosd snd effective furxt~ons and powen in anywise entrwted by a Court to a Receiver, and :uch appointment shall be made by such Court as an admitted equity and a matter of absolute right to ssid MORTGAGEE, and without referente to the adequacy o~ inadequaty of the val~e of the properry mortgaged or to the soNency o? insolvency o( ~aid MORTCaAGOR or the defe~dants, and that such rems, profits, intome, issues and revenues shall be applied by s~ch Reteivet according ~o the lien or equity of ssid MORTGAGEE and the pradice of suth CouA. 8. To duly, prompHy and fvlly perform, dscharge, execute, effect, complete, comply with u?d ebide by each and every the stip~latiom, ~greemeeb, conditaro and covcnants in wid promiuory note and this mortgsge set f«th. 9. Thst in the event the ownenhip of the mortgaged premises, w any part thereof, becomes vested in a perwn other Msn the MORTGAGOR, the MORTGAGEE, iri successors and ~uigns, may, without nolice to the MORTGAOR, deal with such successor o~ wuessw in interdt with refere~ce fo ihis mor~gsge and tFro debt hereby secured io the same manner as with Nbrtgagor without i~ any way vitiating o~ dischargirq ihe Mortgagors' lisbility hera under or upon the debt hereby setured. No sale of the premixs hereby mortgaged and no fwbearante on the part of the MORTGAGEE w iri svccessors or assigm and no extensan of the time for tlx paymeM of the delit hereby secured given by the MORTG/jGEf or its successors or astigns, shall operate to release, dixharge, modify cf+~n9e or affect the original liability of the MORTGAGOR herein, either in whole o? in part. 10. It is speNiically agreed that time is of the esunce of this contract and that ne waiver of any obligation herew~der w of the oblipation se- cured hereby shall at any time thereafter be held ro be a waiver of the terms hereof or of the instrument secured herby. In additio:+ to the fwego:ng moNhly payments of princ'pal and iMerest ~equired by the promissory note secur nanis and agrees o mortgagee with each monthly paymeM an addirional sum estimaled by mongagee t 2 of the annual cost of the follow- ing: A-All real property taxet levied o? a '~st the above de real estate. B-Premiums on fire and windstam insurance as herei ~ carried on the improvements situate on the above described premises. C-Premivms on such mortgage guarant ' nce as mortgagee shstl from time fit to carry on the loan secured hereby. ~ Nbrtgagee shall from ti notify mortgagor in writing of the amount due and payable hereu h wm shall thereupqn be due and payable on the due t e nezt monthly paymenf and sach successive month thereafter urtil mortgsgee shall notify mo f a change in wch amouM. ms shall be applied hy mortgagee ~ow~rd the p~yment of real property taxes, insurante prem:ums, and mortgage guar rante i , _ ~eKA ms• ' ' s I IN WITNE,SS WHEREOf, the said MORTGAGOR hss her o his hand and seal the day and resr finf afweseid. ! I. ~'`~I.E~ AND RECORDE~? ~ p . it'!~ F. 6 A. M. ~ , sea~~d a del' in the presence of: ST~ LUCIE COUNTY Fl~t ~ ster . . ` RE CORC VERlFiEO By • ~ " os W 1`72$24 B,? . . '68 OEC I 0 pM ~t~ t - . . . ; . : ; . - ~ x i STATE OF FLORIDA ~ ~C~Q.(,~, ~ ~ . ~ i ; ~ . t~ , ; c , ; courm oF St. Lucie ~ ss. • -.r° _ _•__:~,-`r::i ; Rl7t:'c'K r'vITR:.S . . ' • , . I HBRBBY CSRTIFY that on this K~' uday ~of -~ce~ober ~ A..! P. ^ T 1~1~"~- ; . ~ ~ ~ _ d - personally sppeared Fred H. Lollis, Worship~ful Master, C. A. n~],d~ SI~'~,o?c~~i~l en ~ Frank B. Palmez ~ Junior warden and Janes R. Saaple, Secretary~ e~ -=~R~ ~ISRCB-'~1ETDGB #8~, F. & A. M., a non-profit Florida Corporation, to ne la~aNm b~~'#ht- ~!l~aons described in and who executed the foregoing instzt~ent~ and se~~l-~r ~a?~~ano~?ledged the execution thereof to be their free act and deed as such officers for the uses ~ and purposes therein mmitioned; and that they aff~x~d thereto the o~ficial seal of ~ said corporation~ and the said instz~ent is the act and deed of said corpoYation. ~ WITNBSS ay hand and,,pf~~~ial aeal at Fort Pierce, said county and state. . , . a... . . , . ~ ~!L • _ . t,~„ ~ _ , .r~~~ ~'_~c:~ Notary b13C~ and for Stat@ and COUnty , ~ ~ _ ~ aforesaid. This Instrument: ~~eparya J My (ba~i,ssion BxpiYesr~°~ ~ °f R0"~ ~ ~ First Federol Savings ~ Lq3~?t~;it~"ci~ia~i ~ :..r Canmissios Exp'ns Sept. 23. 19N ' M.w b A.«i... f.. ~ Gu+r c+. • of Fort Pierce '•••.....••';%i;? J i r - • • • Checked By John W: Co~~ps~~...•••~~• ; sooK174 Pacf2343 r'= . _ _ . . . . . . ; - . ~ s