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Home My WebLink About2865 . , , , , To pl~n and continuously kNp on tM build'ugs now a MnaftN ~ituat~ on said land ~od on ~II puipm~nt ~od pNSOn~lly covered by this mort~ p~, with ~II premivm~ therwn p+id in full, tire insuranc~ in th~ usual studard policy fam, tn a svm ~pprov~d by tM NIORiGAGEE, ~nd winditorm inw~snc~ in th~ uswl at+nda~d policy fam, in • sum ~pprov~d by tM MORIGAGEE, in such comp~ny w companiq as tM MORTGAGEE m~y dindt u~d ~II fi~~ and wtndiro?m inwra~c~ polici~s on any of fiid bVIWif10f. My If1~HHf (FN~lilf 01 Ri/i fM~lOf, in tM ~yyreya~s ~~m afaeiaid o~ in ~xc~u tMrwf, aMil contain tM uswl standud matQ~ clauss or such otha cl~uN u tM Mortpa~w rtay requir~, makinp the lou u~ sa~d polM ciei, each ~nd ~very. paYabl~ w:~id MORTGAGEE a ih intKeal may ~ppear. ~nd each and ewry ~uch poliq ~MII b~ promptly au:9ned snd detivered to ~ny MW by s+id MORTGAGEE as further seturity to iaid mortQ~y~ debt, u~d, eot t~st 1Mn t~n (10) days in advsnu of ~hs expir~tion of esch policy, to da livK ro s+id MORTGAGEE a renewa! thawf, topNhtr with a receipl fo? tM pnrt~ium oi s~ch renewal= and there sMll be no fire or winds~orm i~surance plaad on ~ny of s~id bvildinys, ifly I111NQi1 flfNMfl Of part the~wf, ~nkss i~ ths form ~nd with tM loss payab!~ as afaesaidr and in the evenl any sum of narwy becomes payabl~ unde? svch polky a policies s+id MORTGAGEE shall Mw ths option ro receive and ~pply ths same o+? aaovnt of the indebted n~ss secur~d h~reby p fo permil said MORTGAGORS fo repivs and ~s~ it o? any part thereof for othe~ purposes, without Ihsreb/ waiviny w~mpair- irp any pvity, lien ar ri~ht under w by vinw of Mis mortyay~; and in tM ~vent s+id MORTGAGpRS shal) fo? a~y reason fail to keep the s~id promises w inwred, w fall to deliver promptly sny of said polities of insurant~ lo said MORTGAGEE, or fail promptly to pay fully ~ny prtmium therefor w in any rtipM f~il b p~rform, dischuQ~, execut~, effed, tompkte, comply with a~+d ~bid~ by this cove~am, or a~y part hereof, ssid MORTGAGEE may place and paY fa wch k~w~anct or any part tMreof without w~ivirg a aff~ctiny any option, lie~. puity, w ri9ht under a by virtue of thii Mort9sye, and tl+e full amaxN of each ~nd ~wry s~xh p+rment sMll bs immediately dw and p~yabl~ and shall besr te?te?esr from ths date the~eof ~ntil paid st the rate of nine pa centum pN anrwm and toge~her with wch interest shsll be secured by tM lie~ of this mortyspe. 1. To p~rmit, oommit or wHK no wast~, imprirment w deterioration of said propetty w any part thereof. S. To p~y all snd sinpul~. ths cosn, charpa a~d ~xpaue~, includirg s re+sonabb ~norrKy i fes eod co~ts of aMtracts of titls, incvned w p+id ~t any tun~ by said MORTGAGEE, becavse or in th~ ~wnt of the failure on the parl of the ssid MORTGAGOR to duly, promptly a~d fully pe~form, d~scha~~~ execute, ~ff~tt, compl~t~, comply with and abide by each and every the stipulatans, ~greements, m~?ditiau, and covenants of said promiuory ~ots and thii mortyape s~y or eithe~. and said costs, chuyes ~nd expentes, each and every, sMll be immediately dus ~nd psyabk: whether a not there be notics ds msnd, attempt ro cotkct or suit p~nd~npt +~d the full amount of tscl? and every svch payment thall bes? interost from the date thereof until paid ~t tht rate of ~ins per os~tum per uu~um: snd ~II said costs, chsrgei and expenses incw~ed or p+kl, togathar with s~xh interest, shall bt secured by the lien of thu moH~e• f ' b. 7Fwt in the ~vent of any breach of this Mortgag~ or default o~ the psrt of the MORTGAGOR, w(b) in the event any of said sums of moe+ey herein referred to bs not promptly and fully paid within thirty (30) days neal afte? the same sevc+ally become due and payable, without demand w ~otice, or in the event each and every the stipulations, agrsemenb, conditions and covenants of sa'~d pran'iswry note and th~s mortgape any w eilher are nol iuly, promPtly and fully perfwmed, d~xharged, executed, effecred, campleted, complied with snd sbided by, then in e~~her or any tuch eveM tF» said ~g gregate wm menta~ed in taid promiuory note then remaininy unpaid, with interest acuued, and all mooeys secu~ed hertby, sMll becon?e dw ~nd pay- able forthwith, a thereafter, at the option of said MORTGAGEE, es fully ~nd completely as ii all of the sa~d sums of money were «~yinally sr~putated to be paid on such dsy, anything in said promiuory rate or in this Nb?tgage to the contrary notwithstandiny; and thereupon w thereahe~ st the opt'wn of seid MORTGAGEE, withovt notice or demand, wit at law or in equity, therefore or the~eafter begu~, may be prosecuted u if sll moneys secured hereby had matured prior fo its institWion. 7. That in the event rhat ~t the beginning of w at any time pending any suit upon this Nlortgsge, a~ to fweclose it, or to reform it, or to enface payment of any daims here~nder, said MORTGAGEE shall appty to the Court having jurisdidion thereof for the appointme~t of a Receiver, svch Gow1 shsl) ~ forthwith ~ppoiM a receive? of said mortpagod propsrty all and :ingular, includ~ng all a~+d singvlar the income, pro(its, iuues ~nd revenues from whatever wu?ce derived, each and every of which, it beirg expressly under:tood, is hereby mortgaged as if specifically set fwth and desaibed in the granting and habend~m clauses Ixreof, and such Receiver shall Mve ~il tM broad and efiective functions and powers in anywise entrusted by a Court to a Receiver, and such sppointment shall be made by such Court as sn ~dmined equity sod a matter of absolute right to said MORTGAGEE, end withoul reference to the edequacy o? inadequaq of the valve of the prope~ty mortg~ged or to the wlrency w inwlvency of said MORTGAGOR or the defendants, and that such rents, profits, income, iuves and revenues ah~ll be applied by such Receiver accwding to the lien or equity oi said MORTGAGEE and the practice of such CouA. 8. To dyly, promptly and fully perfom~, dixharye, execute, effect, oomplete, comply with and abide by each and every the itipulatiaa, agreernents, conditions and covenants in said promissory note and this mortgage set fath. 9. That i~ the event i`.~e ownership of the mortga9ed premises, or any part thereof, becanes vested in a penon other than the N10RTGAGOR, ths MORTGAGEE, its successors and auigns, may, without ootite to the MORTGAOR, deal with such successor w successw in interest with refererxe to this morrgage ~nd the debf hereby secured in the same manner as with Mwtgagw without i~ any way vitiating w distharging tt~e Mortgsgors' (i~bility hero- under w ~pon the debt hereby secured. No sale of the Fremises hereby mwtgaged and no fwbearance on 1he psA of the MORTGAGEE w iri successors w auigro and no extension of the time for the payment of the debt hereby senired given by the MORTGAGEf or in :uccessors or suiyro, shall operate ro release, discha~ge, modify chsnge or affect the original liability of the MORTGAGOR herein, either in whole w in p~rt. : 10. h is specifically agreed that time is of the esxnce of this contract a~d that no waiver of eny obligation herevnder w of tha obliyation se- arred hereby shall st any time thereaher be held to be a wsiver of the tetms hereof or of the instrument uc~red herby. 11. In addition to the forego:ng monthly payments of pri~c:pal and imerost required by the promiuory nore secured hereby, matgagor covenants and agrees to pay to mortgagce with each monthly payment an additionsl sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow- ing: , A-All real property taxes levied w assessed against the above described real estate. ~ B-Premiums on fire and windstorm insuranoe as herei~ requ~red to be carried on the improvemenb situate o~ the above desuibed premises. C-Premiums on such mortgage guaranty insurance as mwtgsgee shall from time to time deem fit to carry on the loan secured hereby. Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and s~xh sum shall thereupon be due and ' ' payable on the due date of the next monthly paymeM and each successive month thereafter urti~ mortgagee shall notify mortgagw of a change in s~ch ~ ! amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:wns, and mortgage guaranty inwnnce E premiums. • ~ ~ IN WITNE55 WHEREOF, the said MORTGAGOR has Ixreunto set his hand and seal the day and ear fint aforesaid. ~ ned, Seakd and del' in preserKe of: ' ~ ot~.c-? 4 ~ ! ~n ; ~q . STATE OF FLORIDA ~ St. Lucie courin oF ` Befwe me perwnally appeared Ji1iY C• G3.11 a~ Mare3a?lette Gill his wife, to me well known and known to me to be the ind~vidwb described in and who ~xecuted the fore9oiny instrurne~t, and ackrawledped before me that they execvted the ssma for tF~e purposes rr?~.~~, ~a~a. n~,a ~r~ ~~a Margalette Gill wife of tM ssid 'ji~y C• Gj'll upon • separats snd prrv~tt examinstion by me taken separate and apart from her seid hvsband, adcrawledged to snd befae me tlwt she execvted said instrument freely and voluo- rarily and withovt a~ compuls"an, constraint, spprehension.~~ear of q from her said F?usbsnd. _ WITNESS my hand and officisl seal th~ ~G dey of DecembQr ~ A;' ~(:'~q ~ • • `._T _ Notary Pb ic nd fw the State of _Fl~idr; ~ rps - My Commiu' xpires: _ - • ' Retum To: • ' ~ ~ ~ ' " First Federat Savirgs ~ loan As~oci~tion ' ° " • : ' ~ r - Of Fort P~erce. MOTAwY ~YiUC, lTATE OF fLORIDA AT UR~ . ~ : . ~ ~ ~ - _ _ MY GUMnu~lOti EXPIttES Nuv. «1. 181! , _ y . ~ Fort Pierce, flwids ~eo TMwcuaM •~EO M. 01E3TELyOR~T ' C~ ' ~`.t~~ ~ :i. • ~ ~ : FILEO AND R~~RDED ~ . ~ i ST. LUCIE CO , FLA. , ~ This Instrument Prepared By ~~F.C~-?f' VE~1F!~D ~ First Federal Savings b Loan Association 1"73146 • of Fort Pierce Checked By J. C~ollins ~6~ 2 ~ 9: 45 ~ CLERK ~ RCUIT COURT 600K~~4 PACE~G~~ ~ ~ ^f - - - - -M~` :