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Home My WebLink About1543 . ~ S ' ~ 9. To plx~ and continvously kesp on fh~ buildin~ now or M~~ahK ~itwt~ o~ said land ~nd on ~II c~uipm~n~ u~d p~rsonally cover~d by thi~ mwt~ ! ~s, with dl premiums ~haeon pa~d in fvll, fin ir?iurante in ihe uswl sta~dard poticy form, ie~ a tum approved by the MORTGAGEE, and wi:,dttorm ins,xanc~ in ths uswl aandard poticy form, io • wm approved by ~he MORTGAGEE, in such company or compani~s as tM MORTGAGEE m~y ~ di~sdt and ~U fire and wtnd~twm insurane~ policies on any of said buildings, any inlere~l the~ein ot pa~t tFKreof, in tF?e ap9~eyatt wm ato~tsaid Or ~ in ~xo~ss thenof, sMll contain ~he usval itandard mongayee c(+uie or such otha clwse ~s ~he Mortyagee may requir~, makinp the loss under sa~d polF cis~, ~ach aod tvery, payable ro said MORTGAGEE as ~ts interett may app~ar, and each and eve~y s~ch poliq shall b~ pramptly su.gned and delive?ed ~o ~ any held by said MORTGAGEE as furlher sec~rity to iaid mort~a~e deb~, ~nd, r+ot leu tMn ten (10) days in advance of ~he axpiratJon of ~ach policy, to d~- ; IivN to a+id MORTGAC-EE a ~enewai thercof, to~erhK wirh a rece7pt fa the p.emium oi s~rch renewal; and ~here shsll be no f~ro o. w~nds~am iruvr~M~ pland on any of said b~,?Idings, sny interesl therein w p~rt thereof, unless in tF+~ form and with the toss p~yable as sforesaids and in tF?~ event iny sum ; of mont~ betpnes payable under such policy or policies said AAORTGAGEE shall have the option to receive and apply tfx~ aame on accounl of ths indebted~ n~ss secu?ed h~reby w to permit ta:d MORTGAGORS ro ~eceiva a~d use i1 or any part thereof iw other purposes, without Ihsrcb~ waivi•ig o~ ~mpair- irsy ae~y equity, lien or right unde? ot by virtue of this morty~ge; ar+d in ths event sa~d MORTGAGORS shall for any reason fail to keep the said premisa` so insured, w tait ro detive~ promprly a~y of said polic+es o! insurar?cs fo sa;d MOftTGAGEE, or fail promptly to pay futly any prs~nium therefw w in any ~ reapact fall w ps?fwm, discharge, exacute, effect, complets, comply with and abide by this covenant, w any part Mreof, said MORTGAGEE may place snd i paY for such Fnwrarrc~ ot ~ny part thereof without waivinq or affectl~g any option, lien, eq~iry, w riqht u~der or by vinw of 1F~is Morlgaye. and tM full unount of each ~nd ev~ry tuch paymeM shall bs irtvned'utety dus ~nd payable and ahall bear interes~ from ths date thereof vntil paid ~t the rat~ ol nine per centum ~f iMVT and together with such interest shall be secured by the 1'~en of this mortgaDe. I. To permit, commit or suffer no waate, impairmeM w deterioration of said property or a~y pari thereof. 5. To p~y all arw! singulu the cost~, charges ind expenses, induding a reesonebk attwney's fee and costs of abst~acts of title, i~curred a paid al ~ny time by said MORTGAGfE, betause or in the eve~t of tha failure on the part of the said MORTGAGOR 1o duly, promptly and f~lly perfwm, d~itharga execut~, effed, complete, comply w;th and abide by each and every fhe stipula~ions, agreemenn, co~ditioni, and covenants of said promissory note and this morrgsp~ any or either, and =aid cost~, cha~ges and expenses, each and every, ahall be immediately due and payable; whether or not there be norice d~ mand, attempt to colkct or suit pend;ng; aod tl+e full amount of each and every svch payme~t shall bear intercst from the date thereof until p~id at tl+~ rare of ~ins pe~ centum per annum; and atl said costs, charges and expenses irKVrrec) w paid, ~ogelher w~th such intcrsst, shall be secured by the lien of thu ^wrtya~• 6. Th~t in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in the event ~ny of saEd sums of money herein referred to be not promptly and fu11y paid within thirty (30) days ~ext after the same xvrratty becort~e due and payable, withovl dtmand w notice, ar in the eveat each ~mJ every the stiputatiau, agrtements, conditions and covenants of sa:d promiawry note and th~s mortgage any a either are nol iuly, promptly and futly performed, d~scharged, executed, effected, completed, complied with and abided by, then in ei~her w any s~?ch event tM said a¢ gregate wm mentioned in said promissory note then ?emaining unpa;d, with inrerest acuued, and all moneys secured hereby, shall becort?e due and pay- able fwthwith, or thereaftcv, at the option of said MORTGAGEE, as fully and comp~etely as if all of the uid wms of money were wiginally stip~lated to be pald o~ wch day, anything in said promissory note or in this Ma~gage to the contrary norwiths~andirg; and rheaeupon d th~~eafter at tM option of ~ said NIORTGAGEE, without notrce a demand, suit at law u i~ equity, therefwe or thereal~er begun, may be prosec~ted as if alt moneys setured hereby had matured pr~or to its iostitution. 4 7- lhat i~ the avent that at the beginning of or at an'y time pending sny sv:t upon this Mortgage, w to foreclose if, w ro reform Ft, or to enforte ~ payment of any cla;ms hercunder, said 1NORTGAGEE shall apply to the Covn having jurisdic~ion thereof fw the appointment of a Receiver, such Courf shall ' Forthwith sppoint a receiver of uid mwtgaged prooerty all and singular, intlud~ng all and singular thr income, profits, issues and revenues from whatever ' i seurce derived, each and every of which, it being expressly understood, is he~eby mortgaged as it spec;iically set iath and dtsuibed i~ the graNing and j habendum clavses hereof, and s~th Reteiver shall hsve atl the broad and effettive funtt+ons aru! powers in rnywise entrusted by s Court to a Reteiver, and ~ such appointment shall be made by such Court as an admitted equity and a matter of abso(ute r7ght to said MORiGAGfE, and without refertY+ce to ths ndequacy or inadeqvacy of the valve of the property mortgaged or to the sonre~+cy or insolvency of said 1NORTGAGOR w the defe~dants, and that such rems, profits, inconK, iuves and revenues shall be applied by such Reteiver atcwding to the lien or equiry of said MORTGAGEE and the practice of suth ~ Court. 8. To duly, promptly and fuUy pe?form, ~stharge, exetute, effect, eornplete, comply with and abide by each and every the stiputations, agreemtnb, ~ conditans and covensnts :n sa~d promisswy note and this mortgage set fwth. ! 9. That in t1+e evem the ownership of tfie mortgaged premises, w any part thereof, becomes vested in a penon other than the MORTGAGOR, the ' MORTGAGEE, its succeuws and assigns, may, withovt notice to the MORTGAOR, deal with such successor a successor in interest with reference to this mortgage ~nd the debt he~eby secured in the same manner as with Nbrtgagw without in any way vitiating o~ discharging the Mortgagors' liability hert under or upon the debt hereby secured. No sale of the F~emises hereby mortgaged and oo fwbeara~ce on the part of the MORIGAGEE or its successon i or assigns and no extension of the time for the payment of the dcbt hereby secured given by the MORTGAGEE or its successors ot assigns, shall opetate ro releasa, dixharge, modify change or aifect the original liability of the MORTGAGOR herein, either in whok a in part. 1 10. It is specifically agreed thst time is of the esxnce of this tontratt and that no waiver of any obligation hereundtr w oi the obtigation st cu~ed hereby shall at any time thereafte~ be held to be a waiver of the tetms hcreof p of the instrument secured herby, ! add~tio~ to the fwego:~g momMy payments of princ'pal and interest required by the promissory note secured hereby, mortgagor cpvenant and agreef to mortgagee with each monthty payment a~ addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost ~ in~: A-A!I real property taxes levied or auess above described reat . 8-Premiu-ns on fire and windstorm insurance as herein r improveme~ts sitvate w? the above described premiyes. C-Premiums on such mortgage guaran ' nce as mortgagee shall from time to time eem ' rry ~on the loan setured hereby. Nbrtgagee shal( from ti ime noti{y mortgagor in writing of the amount due and payable hereunder an s shall ihereupon be due and Fayable on the du o the ne:t monthly payment and each successive month thereafter ur.til mortgager shall ~otify mortgag change in such am~nt. sums sF.all be applied by morigagee toward the payment of real property ta:es, insurance prem:ums, and mwtgage guaran rance ~ ums. • IN WITNESS WHEREOF. the said RTGAGOR Ms hereunto set his hand and seat the day and year fint aforesaid. 4 , 1 a I' 'n p? of: ~ n - .n ' ~ n - STATE OF fIORIDA ~ ; couNnr oF St. Lucie ' ~ _ before me penonally appeared F t@d F. Ac1~IDs snd ' DAYI~S D. ACi,d1113 his wife, to me weil known end krwwn to ms ro b~ f the individwts described in ~nd who executed the fotegoirg ~nstrvment, end ackrwrvtedyed befwe me that they executed the aame fw the pwposes ~ rherein expressed. And the sa~- ~OrI1S D. At~IDS . w+fe oi th~ said FI@d F. Add1nS upon a sepaat~ ~nd priv~t~ examiMfqN by me tske~ sep~rate and apan from her sa;d husband, aduwwledged to snd befor~ rr~t tMt she e:ecvted said instryw~erlt; ft~ly,'nd vo1u~- ranfy and w~thout any compulsan, constraint, appreMns~a4 oj fea? of or from her said husband. G~; j WIiIYESS my hand and offic;d sea! this r~ da of '.i~~ y i FILEO AND RECORD ~ ~ : ~ ~ " ' ~ ST. L.UCIE COUNTY. f~lA• Notary Publit in ,~a ra rh. s~~:;d F Retum Ta R t C 0 RD V E Rl F! E 0 My ~'"""u'°" ~~cpires: 4 ; ~ P fint Fsdcra! Savi~Qs 6 loa~ Assouation 1?~42s~ ; Oi Fo~t P:e~te. ~OTA~~ N~UO. iTATE Of ~A At'~ Q•..•,`~" . ~ Fat Pierca Flw+da 9 o A~y COAAMlSSION EXPIP,ES OE'C. 3.,1 r tCQ ~ 0. 6 ~o«cro ~MSawN Rwco w. 0~~ ~tstw~o~~t,. - C~- ua / r ~~ti~ S~.,ER r~Ot~RAS ~ ~ This Instrument P~epared By First federal Snvings b loan Assoa0ti6iRK CIRCUIT COURT. ' of Fort Pierce Checked By R . Kayes go~175 ~i5~0 - ~ ~ ~ ~f • _ _ _ _ _ _ . _ _ .r. _ ,_r.. ~ _ ~ ,r-~~ ~ _ _ , z