The URL can be used to link to this page

Home My WebLink About0857 . ~ ' • ; ~ . S. To ptaa ~nd contin~o~nly kNp on th~ buildinps now w hKe~fN? ~ituab on said land and on ~il puipmeet and pNSa++ly covered by tt~ mat¢ ~p~, with aN pnmwrm therwn pa~d ir? full. f1r~ i~uw~nu in tM uswl stu+dard polky form. in a ~um approwd by ths MORiGAGEE, aod windstam IeawaKS in tAe wwl sta~d+.d pol~ey fwen, in ~ swe ~pproved by tl» MORTGAGEE, in wch eanpany a comp+niis a tM MORTGAGEE n++y dinNt ~nd ~!1 Put and ww+dsarm ira~x~na poliws on ~r?y of said buildiep~, ~ny inl~r~s~ tM~ein w pa?t thaaof, tn tM ayy~eya~~ wm ato~~sald or In ~xcea ther~of, sh+ll coro+in th~ uswl st~ndud mat9a~ cl~ a wd~ othe~ cl~vu ~s th~ Ma~ya9N m+y ~pva~. makinp ~F?~ loas under said po~} tiM. ~ath ud ~very. WYa~ MORTGAGEE as iq inNrest m~y sppea?. and each and ~v~?y svth polity ihall b~ p~omptly ass.~ned sr+d dtliwted to anr hdd by ~id MORTGAGEE u further siwrity to said mwtyay~ dabt. and, not kss th~n ten (10) days in ~dvanu of tl+s expi~~tion of exh policy, to da . liwr ro asid MiOItTGAGEE ~ nnewal tFwrwf, topstha with a roc~ipt iw tM pnmiwn of svch ~enew~l; ud then shall b~ ~+o ftrs w windstorm inw.anc~ plapd on ~ny of said buildinps. ~ey imerat tMnin or p+rt ti?Kwf. unku i~ fM fo~m u~d wi~h th~ bss p+Yabl~ u ~faesaidj u+d in tM svenl any wm ~f m~y booen~s p~yable ~ndu wd~ potky or pol;ciss said MORTGAGEE sMll Mw the option to receive and ~pply tM s~me on +cca?nt o( tM ind~bted~ n~ss s~n?nd Fw~by a ro permit ~aid MORTGAGORS 1o naeiw snd u~e it a ~ny pe~t thsreof fw o~her pwposes, wi~hout thweb/ wai~ing o~ unp~ir- inp anY pu;ty. liee or r'~pht ~x~de~ ot by vutw of this mott~~peJ ~+d k~ t}w ~vent ssid MORTGAGORS shall fw sny ~eason fail ro koep tM s+id premises so kuw~d, o~ bll b tkliva prompHy any of saW policits of insw~nt~ ro said MORTGAGEE, w fail promptly to pay fully any premium therefor o~ in any r~t fail q pKfonn, discharpe. ~xecut~, ~ffect, complete, comply wilh and +bid~ by this cownsnt. w+~Y Wn hs~bf, sakl MORTGAGEE may plip and p~Y {p wd~ i~awaKt or any put thereof without w~ivinp ar ~ffectinp +ny optia4 ~ien. equity, o? right u~der w by virtw of thts Mortqs~e. and the fuU amount of ~ach u~d ~wry wch paym~nt th~ll b~ imnediatdy dw ~nd piyable and shall bear interest from th~ dat~ tF?erwf until paid at tM rat~ of nuw pK pntum pK aivwm and topether with such iMerest sMll be secured by tM lien of this mat~age. 1. To pKenit, oommit or wffa no wut~, Impairmtnt w d~t~riw~tion of said p?operty or aoy put the~eof. 5, to pay d1 ~nd siegular tM cotls, ch~~p~s +nd t:p~n~. indudirg a reason~ble attwney's fee snd wsts of sbstrads of titk, incuned w p+id +1 any time by sa~d MORTGAGfE, b~cwse ot tn the ~w~t of tM failvn on ths put of the said MORTGAGOR w duh?. PromPtly ~nd fully pKform, d~xhar94 ~xscvt~. ~ffect. oomPkN. ~~P~Y with and abid~ by tach ~nd tvery the stipul•~ioos, ay~eemenn. ca+d;~io~a. .nd cove~ann of sad prom~uory no» and ~his matpap~ +rtY a vitfia. aod said cw~s. dw?y~s and experues, sach ~nd ~very. shall be immediataly due ~nd payabte: whethcr w not ther~ be not~ce da mand, ~tt~mpt to colkct w wit p~~dirg; s~+d the fvl) amount of each and everY such payment shall bea. interes~ fran tM dats thereof until p~id ~f the ~ate oi niM pe~ centum per wuwm; ~nd all said costs, cl~upes and expa~sts ir~+rrad w paid, topether with avd+ inta?esf, ihall be secured by the lisn of tha mortp+y~. 6. i}yt in tM ~wnt of aoy breach of this Mat~a~ or defwlt on th~ part of the MORTGAGOR, a(b) in ths event ~ny of said sumt of money herein r~fe~nd to bs not promptly ~nd fvlly psid within thirty (30) days next after the same sevaatly become due snd payable, without demand a noY~ce, or in tl+e ~vent each ~nd ~vary the stip~latio~s. ~ra~mants, conditans snd cove~snn of ssid promisswy ~ote and this mortyaye any or eitha an not iuly, prompNy and fully psrfora»d d~sd+arged, ~xecutad, ~ffected, oompleted, canpl~ed w~th and abided by, then in either or any tvch event the said ~g yreyab wm menta~ed io said prari~sso~y note then remaini~+p unpaid, with imerest xuued, and a11 moneys seturtd hetebY. shatl beton~e dw ~nd pay- able fwthwitFy a theresfte?, at the option of said MORTGAGEE, as fully ~nd canpletely as if all of the wid wms of money werc wiginally stipulated to b~ paid on such day. any~hirg in sa~d promiuory note a in this Morty~pe to the contrary notwithstanding; and thereupon a thereafter at the opt~on of •aid MORTGAGEE, witho~t notin a dem~nd, wit at law a in pvity, therefwe or thereaher begvn, may be prosec~ted as if all rnorays secured heroby had matwed priW to its institution. ~ 7. That in ths event that ~t the beginni~g of or at ~e?y time pendi~+p any wit opon tha Mortgsg~, or to foredoss it, or to refo?m it, or to enforp paymMt of ~~y daims herew+der, ssid MORTGAGEE- thall apply to the Co~rt having jurisddion thereof fw the appo~ntment of a Receiver, such Court shall fathwitt~ appoint a receivsr of said mortyaged property all and singular, includ~ng alt snd singvlu the income, pro(its, iuues and ?evenues from whatever wuro~ de~ived, ead+ and every of wFi~ch, it beinp expr~ssly vr+deritood. is he?eby mortgaged as if speciiically set fw~h and described in the 9raming and habendurn davses hereof, snd svch Receiver shall Mw all the broad and effective funct~ons and powers ir anywise er~trwted by s Court to a Receiver, and such appointment shall be made by wth Cowt u ~n admitted equity ~nd s malta of absolute right ro said MORTGAGEE, u~d without reference ro t1+e edeqtrscy or ina~equacy of the wlve of the property mortqaged or ro the wlvency w insolvency of said MOATGAGOR or the defendams, a~d that such rents, profin, income, iswes and reve~ues shall be applied by wcl~ Receiver accordinp to the lien a equiry of said MORTGAGEE and the practice of such Court. 8. To dvly, promptly and fully perform, discharge, execute, effect, complete, oomplY with and abide by each and avery the stipulations, sgreemen», cond~~ioru and covenann ~n said promiuory nore and this mortgag~ ut fwth. 9. ?Mt in the event the owr+ersh~p of the mortgsped premises, or sny part thereof, becomes vested in s penon other than the MORTGAGOR, tM MORTGAGEE, Ns wccessors and auigns. m~y. withow notice to the MORTGAOR, desl with such wcceuor or svcceuor in interest with reference fo this mort9~ye snd the debt Ixrcby secvred in tF~e same m~nner ss with Mortgagor without in sny way vitiatirg w dixF?arging the Mwtgagors' liability hera under a upon 1he debt hertby secured. No s~le of the premises h~reby mwtgaged and no forbearanos on Ihe psn of the MORTGAGEE w its suaesson or assigns and no extension of the time for the payment of the debt hereby secured y~ven by the MORTGAGEE or in succeuori or auigns, sl»II operat~ ro rekase, dixhar9e, modify ch~rge w affect the oriyinal li~bility of the MOAiGAGOR hersin, either in whole w in part. 10. It is speuficalty agreed thst Ywrne is of tF+e essence of this cw?tract snd that no wsiver of any obligatwn hercunde? w of the oblg~tion sa cured hereby shall ~t any time thercaher be held to be a waiver of tM t~rms Mreof a of tM i~stn~+eRt s~wred Mrby. add~ta.~ to the fwego:ng monthly payments of princ:pal and interest requ~red by the promissory note secured hereby, mortgagw mv a~d agrees to pay o monthly payment an sddir'anal sum estimated by mwtgagee to be equal to 1 cost o t follow- irx~: A-All real property tsxa kvied a assessed against the above r tate. B-Premiums on f've s~d windstorm insu~ante as u;red to be carried on the i es~ts sitvate o~ the above desvibed premises. C-Premiums on such mortgage gwrant ' ance as mortgsgee shall from time to time deem fit to the loan secvred hereby. Mortgagee shall from time t notify mortgagor in writing of the amount due and payabk hereunder and such w hereupon be due and ' payable on the due date o next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor o rge in such I amount. Such applied by mortgagce toward the payment of real property taxes, irourance prem:ums, and mortgage guaranty w[tnce i , _ I k IN WITNESS WHEREOF, the ssid MORTGAGOR Ms hereunto set his h~nd and seal the day u~d ye+rcirs aforesaid. Sgryd, Sea{ed snd delivered in the presence of: Witnesses to the signa- ~ ' ture of Bfilie Borland •q Witnesses to the signa- q ~la~izd of Margaret J. Bor- /l . . . ~ 51ATE Of flORl~~ ~ Fi~ED ANO RECORDED' c~~ ~ aQ,,,,,,, ST. LUCIE COUNI'Y:~FLA. ~ c RECORD VERIfIED s.t«. nr P...o~s~ty .ppe.rca +^d • '~ri(e~ to me well known and known to~,w b~ ths Individuds describd in snd who ~xecut~d tM foryoi ~e tMtl~ey ~xecuted ttw4~wNi?'fMl~~ ~rpows ~ ther~in txp~ss~d. /r~-ii ~ ~1Q ~ ~i ~rif~~f~ll~wir " ~ Nw~A-•)-flff ~ , nwwiw~iwr~iw~-bhew~sp~M~~mi~t-i~ow~heF~-Iw~b+n~ s6e~s~d~i~ :~~R~M.~~. ~ ni; iy _ ~ w~rNESS my h.~a~o~ ...a~ n~'tL..~ l~ CIRCUI y~ • t a , • _ ` ~ ~ ~ . S ~ SIATE OF FLORID ~ Notary Public ' "~~'~~A~~ ~~~~L~1Ly/ ~J ~ ss' "y, c°"""`ss'°~~~ONIiY+?ss~oN ,~xP~K~s ~un~ i~ ~ ~t ~ COUNTY OF ~ 1 LPll ~ 1oNOto rMwo~ww,RSir~ytr w.`k..~y,.~s~M+ 1 d.fa~ n+~ p~non+~h +PP~+~ Mar9aret J. Borlarrd + a.:.-~ ~ iiaariL4 to me well known and..~ ~t~ tat.b~ ~ tt» M+dividurA dKVibd in and w!a u~ecurd tM forpanp initrure~nr, and acknowleclpd b~fa~ m~ tMt ~ix~wt~d~th~ s~a?id?~f1i,~N . s ~ , ?t tl+~r~in tapMNd. 11Ad'1~ .y~ . wM~ eFil+r wld ~ •--~~'T~`- •,wiwiw~iww~ VY` ~ btww +~pnh ~wi'+wt~ f~owr~ Iw~ Mi~l~u~b~i# ~chr~wl~il~d't~ ~w~wio»-iwrti~d ~IN-ew~a~t~id ~OwwN ~~ni rN?. ` ,~w?~ ~nd• ~i~1~sw ~ey aanpubls~~vna1~M~ ~ppNAw~we~~11r f~w~o~i ~ i~onrlwr wid~hwbw~.~ , : _ + / t ~ . ~~G~7 ~ ~N1~ ~ P.R.N~ ~ 'f,Yl ~O y ~ o{ ~I1U~Y - - • /4 D. I . ` This instrurn~nt prepared by M c .';p,;: , ~ first Federal Sav. b laan Assn. /.2 ~ . ~ ~ Retwe to: _ Fwa F.e..d s.,~irw• a~o.~ As.«~ar~«+ pf " t0e d00K PACE a ro.+ .K.c.. ~ . Fo.t D~e~ce Flor~ds ~ ~F/ . ~ _ ~ ~ ; _ ' a~ -.z~~ z ~~a 3