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Home My WebLink About2950 _ , ~ To ptacs and conti~xwusly kNp on 1M buildkgs now a I+K~aRa ~ituab on Nid luid ~nd on ~II ~qvipre~nt ~nd qnon~lly covtnd by this mat~ ~p~,, with ~11 pr~m;w+u tMr~oe? p~id io full, fin insu~anc~ in tM vswl ~tand~rd policy form, M a ~um approwd by tM MORTGAGEE, aed wind~tan? t+uwaoq tn tM uswl ~t~odard policy form, In a sum approv~d by tM MORTGACaEE, tn wch wmp~ny a compania as tM MORTGAGEE may dindl a~d all tin ~~?d wind~tonn Inwwnn polkia on ~ny of ~aid bvfWi~+pt,, any Intaa~ tMr~in w put thtrwf, in 1l+~ apprepaq wm aior~W o~ In ~xc~ss tM~eof, shall contatn 1M wual st~ndard matp+pN clau~ a such whsr claw~ u tM JNortpapN n?+Y rpdu~, m~kinp tM Iou uod~r said po1F ci„, tsch ~nd ~wry. p+Yabl~ b faid MORTGAGEE p i1f i~tKat may ~pp~ar. M+d each ~nd ~very ~ech policy ~hall M pranptly ass:9n~d and d~Uvertd to •ny Mld by said MORTGAGEE as funha secu~ity to said mo.tpa~ debt, and, not I~ss than teo (10) days in +dv+na of IM txpir~tion of each policy, ro dr liwr ro~+id MORTGAGEE • ~antwal tMr~of, topstMr with a nteipt fw tM pr~mlwn of wch rse?ew~lj sntl th~n sMll b~ oo iir~ or windsto~m tnwranc~ pl+ad on ~ny of s~id buiWinps, any interat tMr~in or put tMnof, vekss in tl+~ fam and with tM los~ p+yabl~ a ~(or~s~ids +~d in tM ~wM am sum of moo.y becan.s payaW. w~d.. such polky o. pol~cNS s.td nAOrtTGAGEE shall ha~r• ~M op~an ro?eoetve and ~pply tM s~n~ on ~ccoum ot th~ lndebt~d- rnss s~cw~d Mreby p fo pt~mit ~aid MORTGAGORS to reaive u~d uN it a+~y part thereof fa other purpwes, wilhout thereb~ waivinp a imp~ir- inp anr pviry, li~n or ri~hl und~ or by vutu~ of this mortys~~t and 1n tM ~wat a~id MORTGAGORS shall iw ~ny reason f+il to keep the s~id premise~ so inwrod, a f~il to d~livK promptN anY of said policies of imwana to s+id MORTGAGEE, or fail promptly to pay fully any pr~mium tM~efor or h any resp~ct fatl w p~onn, discMry~, ~xecut~ ~ff~ct, compl~ts, comply with ~nd abid~ by eM+eoveoant, a ~ny pirt hawf, uid MORTGAGEE may plao~ ~nd pay fw wch G~wrano~ or any put thKeof without w~tvinti or affectinp u~y option, li~n, equity, w ripht unde? w by virtu~ of thh Ma~pap~, ~nd tM full ~moum of ~ach and ~wry wch p+ym~m sh+ll be immadtatey dw and pay~ble and shall beu intKest from th~ dat~ thereof vntil p~id at th~ wt~ of nins pK antum pK ~nnum and topether with wch interat sh~ll b~ secvr~d by th~ lien of tNs mortype. 1. To pKmit, comrt~it w wffM no wut~, Wnp~imwnt w deteriwatan of said prope~ty or +ny part tMreof. 5. To pay ~II ~nd ~inpular ths casts. chapN snd ~xp~nses. includlnp + rtasaubb anorn~y's fe~ snd oosri of abstr~cts of titl~, ieKUrced a p~id at sny time by s+id MORTGAGEE, because a in tM ewnt of tM fallun on tM pan of tM ssid MORTGAGOR to duly, prompty +~d fully perform„ dischary~ exesvt~, ~ffed, oompkt~, comply with aad abid~ by ~sch +nd every tM stipul~tio~s, eyreemenb, ca+ditian and oovenants of said promisswy noro and th4 mwtpap~ any w eithar, and said cosb. cA+rO~s and ~xpenses, sach and ewry. sMll be invnedi~tely dw and p~yable: whethe~ or not then bs notice ds m~nd, att~mpt to oollect w wit pendiny; snd ths fvll anwum of e~ch a+d every such payms+?t sMll bea. interest from ~M dats th~raof vntil p~id ~t tM rate of ~ per ocntum per annum; snd a11 said aosts, thu~es and expensss inwrred w paid, loyetF~ with wth inttrest, sMll b~ s~wred by th~ litn of this morp+p~. 6. 7fwt in the went of any bresch of this Mortyay~ w defsvlt on the part of the MORTGAGOR, or (b) in the event ~ny of s~id svms of rtansy I herein nferred to be not promptly and f~lly p~id within thirty (~0) days next after the ssme severally become d~e ~nd p+yabk, withput tkmand or notics. ~ or in ths event esch ~nd every the stip~lations, ~greemsnts, conditior?s and covtn~nb of sa~d promissory note and th~s mortpaye any a~ithsr ~n no1 iuly, promptly ~nd fully performed, discMrged. executed, eff~ded, compl~ted, compl'ied with and abFded by. then io ~ither or any such ~wM tM a+id ag gregate wm mentioned in said promisaory note then remaininp u~aid. with I~IfNK1 KCfUlfJ~ alld al: ma~eys setvred heteby, st~all becoms dw and p~y- able forthwith, or thereafier, at tl+~ option of said MORTGA(3EE, ss fully ~nd compktely as if alI of the said wmt of monsy wcre wpinally stipul~ted to be paid on such day, anylhing in said promissory note or in this Mort9sye to the ca+trary notwithstanding; and there~pon or thereaher ~t tM option of said MORTGACaEE, without notin or demsnd, wit ~t law w in squity, therefors w 1F1lfNf1N bep~n, msy be prosecvted as if all moneys sacvrd hsreby had m~fwed prior to in inttitution. 7. That in the event that at the beginning of or ~t ~ny tim~ pendinp ~ny wit upon this Mortg~ge, w to fweclose it, or to refonn it, a to enforct payment of ~ny claims ha+eunder, said MORTGAGEE shall apply to the Court haviny jurisdrciwn thereof for the ~ppantment of a Receiver, tuch Court shall fwthwith ~ppoiM a receiver of said rtartyaged property al! a~d slrpular, inclvd~ng all and singutar the Income, profit~, iswes end revenues from wMtwer souru derived, each and every of wh;ch, it beirg expresaly u~derstood, is hereby mortgaged st if specifically set fath and desuibed i~ the yrantinp ~nd habandum dauies hereof, ud such Rcceiver shall have +II ths bro~d ~nd eHedive funct~ons and powcrs in anywise entrusted by a Coun to ~ Reuiver, and wch appointment shalt be made by wch Cowt as an admitted equity ar?d s rn~tter of absolWe right ro said MORTGAGEE, ~nd without referenc~ to ths adequ~cy or in~deqwty of the value of the property mwfgaged or to the wNe~cy or insolvency of said MORTGAGOR a the defendants, and that such renrs, profits, income, iuuss ~nd revenues shall be applied by sucfi Receiver aaordinp to the lier~ or equiry of said MORTGAGEE a~d the practioe of wch CouA. 8. To dvly, promptly a~d fully perform. dixharye, execute. effect. complete, comply with and abids by each ar~d ~very the stipulations, apreert~ts, conditiom ~nd coveMnu in said promissory note ux! tha mortgage set forth. . 9. 7l~at in the event the owrknhip of the mortgsyed premises, a any part thereof, becomes vested in a person other thsn the MORTGAGOR, tFy t MORTGAGEE, its succeuors and auigns, may, without notice to the MORTGAOR, deal with ~uch woceuor or suscessor in iMerett with refererKe to tha mortysge and the debt hereby secured in the same mamer as with Mortyaga without in sny way vitiatinp or discharging tl+e Mort~agora' liabitiry h~r~- under or upon the deb~ hereby secvred. No ssle of tM premises hereby mortgaged and no forbeara~oe on the part o( the MORTGAGEE w its suaesson or auigro and no extension of the time fw the paymem of the debt hercby secured yiven by th~ MORTGAGEf or i» urcce:son or euiy% slull opaat~ to rekase, dischsrye, modify ch+nge or affect the wi9inal lisbility of the MORTGAGOR herein, ~ither in wFwl~ or in part. 10. It is specifically agrced that time is of ths essence of thb contr~ct ~nd that oo waiver of eny oblipatan Mreunder a of the obliy~tion sa cured hereby shal{ st sny time thereaher be held fo be s w~iver of the terms Ixreof or of fM instrwnent secured F~erby. 11. lo addition to fhe faego:ng ma~1h1Y psYments of princ:psl end interest required by fhe promiuory nole secured hereby, mortyagor covensnb and agrees to pay to mortgagee with each monthly payment an addirionsl sum estimsted by mortgsgee to be equal to 1/12 of the annual cwt of the follow- ing: A-AU real propery faxes levied or assessed against the above described real estate. ~ ~ B-Premiums on fire aixl windstwm inswance as t~erein requ~red to be carried on the improvem~rri sitvate on the above described premises. C-Premiums on wch mortgage gwr~ty iruurance as mortgagee shall hom time to time deem fN ro carry on tl~e loan secured hereby. Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payaWe hereunder and such wm shall thereupon be due and payable on the due date of the next monthly payment and each succetsive month thereafier until mortgayee shall notify mortgagor of s change in such j amo~nt. Such sums shall be spplied by mortgagee tow+rd the psyment of real property tsxes, inwrance premiwns, and mortgsye gwranty in~wance ~ premiwns. ~ I IN WIi WHER F, the said MORTGAGOR has hereunto aet his hand and seal the day and ye~r first aforesaid. ~ ~ _ of: ~ • ,p o er . m , r. n v/ n Doris W. Smith STATE OF FLORIDA ~ ~ _ St. Lucie ~ courm oF ~ defore mt perswWlly app~and Robert 21 _ S~i th,, Jr _ nAT~7 q W~ Smj t}1 hb wife, to me well known snd krawn to me to b~ tha (ndividwb desuibAd in and who ~xecvted th~ forepoinp Instrument, rd ~cknowled~ad befwe ms tMt they exewted the sams for tM p~rposes therein ~upressed Md the saia :.:~~~8 1S~'1~~~~._ M,ife of rh. „id R~bert N_ Smith_ Jr_ , upon, sep+.m.ed pri~?•» exsm'uwtioo by me•tskeA'~rp~lste and apaA from he~ said Iwsl»nd, adcnovvledged to and befw~ m~ that she executed said initromeot fraely and wlvo- ~arily and witboiAt`~y~ a~p~say. oonstraint, apprsh~nsion, or feu of or from her said husband. ~ WIT~4n~t•hi'rid'fAd. ~~fda'~teal th~¦ 2~- day of A. D. 19_S1St_ ~ I~ ~ - . Notsry Public in u+d fa the State of Horid~ at luy~ ~ ~ " K - , My Carrnission ~:pir~s: ' R.twri T C, ' oi Hocid~ ~t L~rqe ~ra i~d.?a(•.s.~1nS~~. ~?wo~i.r~on 4{atary P~c. State . of. fon a~r~e. Mr ~ A E pira ~23, 1969 ~ P~.:Fb'~-t•` FILEO ANO RECORDED • . ST. LUCIE COUNTY, FLA. i~ ^~f?n V RIFIEp This Instrument Prepared By ~~~~0~ • ' Firat Federal Savings b Loan Association ~ ~ ' of Fo~t Pierce ~8 ~~C 26 P~ 32 ~hedced By .8.~.. K ~R 4 ~ . ROv: F: E'OtTRhS CLERK CIRCUIT COURT Ci . ; { Bo K1?4 ~A~~ - - ~ .=~y ~