The URL can be used to link to this page

Home My WebLink About0962 . ! 9. To pf~q ~nd canti~uovily kstp on the bu11d1nps ~ww a htr~ahK ~ituN~ on isid land ~nd on all equtprn~nt snd pe?wn~lly covend by 1hls matp~ ` ap~,, with ~il prem:~ms t!?erwn p~id in ivll, ii~~ i~v:a~u in tiw ~wai sundard policy form, in • sum ~pproved by the MORTGAGEE, and wenduo~m ~ inswann t~ tM uswl atanda~d pollcy faen, i~ • sum ~pprov~d by tlw lMORiGAGfE. in such compiny o~ com~ani~s ~s tl,~ MORTGAGEE m~y dincfj u,d ~II fin u+d wtndsronn inswana polkws on ~ny of satd buildi~+pa, ~ny intereit ~herein or psrt therwf, io tia ap9re9afe wm afaesaid a in ~xcess ~lisrwf, ~MII conbin ths uswl ~tandard matya~ cla~ w~uch othK claus~ ~s tM Matyapee may reqv'u~. makinp ths Ioss under said poU- ci~s. t~ch ~od evKy, paYabl~ to said MpRTGAGEE as iq Intersst maY app~x, and each u~d every tuch poliq s1+~11 b~ promptly ~ss:~~ed and dtlivKed to ~~y Mld by said MORTGAGEE ~s funhN ~ecv~ity to said matp+y~ d~bt, and, no~ leu tMn ten (10) dsys i~ advance of th~ expir~tion of each policy~ to d~- livK /o s~id MpRTGAGEE ~?enewal theraof. IopstMr with • nceipt for the premium of tuth renewal; and thers shsll b~ no fir~ or windstwm insu~+nc~ pl~o~d on ~y of saW b~rildings. ~ny interest thKSin or put thereof, unlea i~ ~he fwm end with tM loss paysbl~ as afores~idj u+d in tM evtnt any tum of moMy petomes pay~ble wid~r suth poUty w polici~s said MORIGAGEE thall haw ~he option to receive and appty ~he sune on accov~l of the indebte~ ~ ~ess tecu~~d At~tby oi b pe~mit said MORTW?GQR$ tp teteiv~ and vs~ if or ~~y part thereof (or othcr pvrposes, without thareb/ waivi~x~ or unpair- irg any puity, IiM or r'ight ~~da~ or by virtw of this mort~ay~; ~nd in tM ~vs~t aid MORTGAGORS shall fw any reason fail to keep the said premisea so iniured, or fail b deliver promptly ~ny of s~id poticies of insur~~ce to said JNpRTGAGEf, o~ fail paomptly to p~y futly sny premium therefor or in any reip~tt fsil b pNforiry discFWr9~, ezecut~. ~ff~tt, complett, comply with u~d abide by this mvena~t, or ~ny part F?a~eof, ~sid MORTGAGEE may pl~cM and ~ P+Y fo? tucl~ Iraur+nc~ or +ny psrt tMrtof without w+ivinp or affectinp any optipy iien, eqvity. or ?igM under or by virtw of this Mat9a~e. end the ~ fuN amovnl of ~ach and evtry such paymN+~ aha~~ ps ~rnmed;ately dw snd qyabh and ahall be+r interest from ths date thercof ~ntil paid at tM rat~ of nins per centvm pa annum and toye~ha wi~ such intaest shall be secured by tM li~n of this matgape. 1. To pKmlt, commit or wffer no wast~, imp~imrcnt a dateiwr~~ion of said propaty or ury part thereof. S. To pay all and sinpvlu the cosh, charqe~ and expeoses, includinp ~ reaionsWe attw~ney's fee and costs of abstracta of title, incvrred p p~;d at any tim~ by sad MORTGAGEE, becavse w in the svent of the failure on the paN of ~he said MORTGACsOR to duly, promptty a~d f~lly perform. d~scharyR exec~te. ~ffed. compk~s. comply with snd abide by exh and every the stipulatio~s, ag~eeme~ri, cw?ditions, a~d covenants of sa~d promiuory note and this mortyape any or ather. and sa~d costs, chu9es aocl txpense~, each and evay, shaDl b~ Immediately due ar+d payable; whether o? not there bs not~ce da mand, anempt to rnl{ect or wit pendirgj uK! tM fvll amount of e+ch and every wch p~yme~t ihall bea~ interest fra,n the date thsreof un~il psk! at the rate of nine per centvm per u~num; a~d all iaid oosts, durges u?d expenses incurrad or paid. logefher with suth interest, shall b~ setwed by th~ lisa of tb;s 'natp+D~- 6, ih~t in the event of any breach of Mis Mat~sp~ w defavlt o~ tM pan of the MORTGAGOR, a(b) in the event ~ny of s~id swns of nwney herdn referred to be not promptly snd fully paid within thirty (30) days acaf after the same seve~ally become dve snd payable, withovt dernand or notite, o~ (c) in the event esch and every the stipulstioeqr agreemenn, conditions uK! covenants of sa~d prwniss«y ~?ote a~d th~s mwtgage any or either are no1 iuly. prompth and fully performed, dixharged. executed, effected. completad, complied with and abided by. tFKn in eitlxr or any svch evsnt ths s~id a~ gregat~ sum mentioned in said prpmiupy npte then remaining unpaid, with inre~est acuved, and all moneys setured hereby, shall beta~e dw and pay~ able forthwitl~, o~ thereafte~, at tF~e option of said MORTGAGEE, as fully ~nd completely as if all of the ~aid wms of money were originally stipulated to be paid on such day, anything in said promissory note w in tF?is Morty~ge to the contrary notwithstandirg; and thereupon or thereafter at rl~e op~io~ of sa;d MORTGAGEE, without norice w demand, wit at law or in puity, the~efore or thereafter begun, may be prosecuted as if all moneys setured hereby had matured prior to in institution. 7. That io th~ evcnt that it the beginning of or ~t any time pendiny any wit upon this Matgsge, or ro foreclose it, w to reform i1, or to enforas payrt~enf of any claims hcrevnder, said /NpRiGAGEE sMll apply ro the Court having jurisdrction thereof for the appointment of ~ Receiver, wch Court shall forthwith ~ppoint a receiver of said mortg~gtd property s11 u~d aingular, intlvd~rg all and singular the income, profits, issues and revenues from whatevet wurce derived, eath and every oi which, it beinp expreuly understood, a hertby morigaged as if spedfically se! futh and described in the 9ranting and habendum cla~ses hereof, a~d such Receiver shall Mve aIl the 6aoad aod effective functans and powers in anywise entrusted by a~ourt to ~ Receiver, and such ~ppointment shall be made by such Cowt as an admined eq~ity a~d a matte? of absolute rght to said MORTGAGEE, snd wlrhout reference ro the adequacy w inadequacy of the vslue of the properry mortg~ged or to the sonrency or ~nsolve~cy of said MORTGAGOR or the defendann, and that such rents, profin, incane, ~u~es and revenues ~MII be applied by such Receiver according to the lien or equity of wid MORTGAGEE and the pract;ce of such Court. 8. To duly. promptly and /u11y perform, d'ischarge, execute, effect, complete, oomply wifh ~nd abids by each and every the stipulatiau, sgreemeeq. ' conditions and covenanu in said promissory note and this mortgsge set fa~h. i 9. ?hat in the eveM the owrKrship of the morfgaged prem'~ses, or any part thereof, becomes vested i~ a penon oth~r 1Mn the MORTGAGOR, the MORiGAGEE, ib uxcessors end auigns, may, withovf rtotice to the MORTGApR, deal with such wcceuor w succeuor in interest witF~ reference ro this i mwtgage and the debt hereby secured in the s~rt~e mamer u with Mortgagw without in ~ny way vitiating or distharging the Monyagors' lisbility here. under or ~pon the debt hereby secured. No sele of the premises hereby mortgaged and no fwbearance on the part of the M10RiGAGEE or its suaessors o~ suigru and rw ~xtension of ~he Nme fa the psyment of the deb~ hereby secured given by the MORTGAGEf or its successors or assigiu, shail operaq to rekase, discharge, modify change w sffect the original liabiiity of the MORTGAGOR herein, either i~ whok or in part. 10. h is speciP~cally ag.eed thst time is of the essence of this contract and that no waiver of any obl;gat~on hereunder or of tM obfiystion se- cured heraby shsll at any time thereafter be held fo be ~ waiva of the terms hereof w of the inatrurtKM secured h~vby. In addiYron to the fwego:ng moMhty payments of princ:pal and interest ~equired by ihe promissory note secur , morfgagor covenanfs and agrees to rt agee with esch monthly payment an addirional sum estimated by mortgagee to 2 of the annual cost of the follow- ing: A-NI rea! pioperiy faxes levied w assessed aga~n ve real essate. • B-Premiums on fire and windstorm insurance as u~red to on the improveme~ts situate on the above desvibed premises. C-Premiums on such mortgage gu urance as mortgagee shall from t~me ro~ fit to carry on the loan secured txreby. Mo?tgsgee shalf from " o time notify mortgagor in writing of the amount due and payable hereun wm siwl! thereuport be due and payable oo the d of the next monthly payment and each successive month thereafte~ urtil mortgagee shall notify mor f a charge in wch amount. sums shall be applied by mongagee toward the payment of real property taaes, insurance prem:ums, and rtartgage guar rance urns. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his ha~d and seal the day and year ~ Signed, Seakd and delivered in the prese~ce of: ~ ? . ; , n ~ ~ ~ 'n ~~~,c •P. _ ~Q.~ ~ ~ . : STATE OF FLORIDA ~ SS~ COUNTY OF ~ • defas me_p~wns Ily a~e ared Te=enee S. BOri~Zd @J ~3'1 e K. BOT13! his wife, to me well kno~irl snd' known tp me to bs tha individwls desc.ibed in and who executed the foregoin~ u~strument, ~cknowledged before me that they executed t}~. aa~r~..fAi,)j~•.~u~pos~s .T@allll@ K~ therein ~~rpressed. Md the sa' BO~Z - _ M; w~~~ ~ rh. ,~d Terence . Bonar _ : , . • ' examin~tion by me taken sepante and spart ftom her said fppband, atknowledged to and before me that she exewlad*plid 7~~rM•-[re~ a~i~-~rphNF tarily and withovt any oompulsioo, conslraint. ~ ehens;on,~ of or from her ~aid lµisband. =~-~~.s ~ WITNESS my h~nd eod offic+al seal thi¦ ~ January :v%,-0..~,~-~t) ! - ~ :.•:i._ . ° FILED ANO REGORD : • ST. l.UCIE COUNTY. FLA. Notary Publit s~ .~a~ra t~ s,,,. . Retum Ta RE:CQRD VERIFIE N?y Con+miuion expires: ~`j ; : ' JI E FLst federal Savings d~ loare As~ociat7on ~?t N~TARY PUBUC, STATE o( FI.pRIDA d1 U;RGE ~ Of Fort P~erce. MY COMMISSION EXPIRES AUG. 29,. 1969 PK.~. Florids '69 JAN i AN I I: 5 2 . = _ ~ i`~3869 ~ ; ROGER POITRAS ~ This Instrument Prepared B~L~RK CIRCUIT COURT~ First Federal Savings b loan Association ~ of Fort Pierce " ~h~~ By John W. Collins BooK 175 ~~E 959 . . _ ~ _u~~ _ _ ~ . _ _ V. . . . _