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Home My WebLink About2430 ~ ~t _ ~ r t •i , ~ ; ~ ~ 9 • To plaq ~nd eontinuovaly kNp on tM buitdirq~ tww o~ Mr~aftp iifwb on said lsnd ~nd on ~II eq~iprrwnt and p~rwnally tovtnd !sy fhi~ nwrt¢ ~Q~, wifh ~II pr~miwnf tl+erwn p+id i~ full, fir~ tnw~u?c~ in tM ~»wl a~odad policy form,, in • wm approwd by tM MORTGAGfE. ~nd wind~tpm~ inwranp in tM ~swl ~t~ndud policy form, i~ • wm approv~d by tM MORTGAGEf, in wch tomp~~y a companip sf /M MORTGACsEE nNy dinctl ~r~d all f!n u~d ws+wbtorm i~swanos policie~ an ~ny of said build~nps. i~ly It11f~f1t tlNffifl Of pi1~ fFllfaOf, ln 1M aypreyat~ wm ~fortsaid w In ~xc~ tMnof, ~MII cenqL~ IM uswl st~ndard matpsq~ clauae o? such ai~ claus~ a tM Maty+yN m+y n~uin. rtukinp tfw bu vnd~+ ~aid poli cles, ~ach ~nd every. paYabl~ ro s+td MORTGAGff ~s ~fs intereat may=~ppNr, and each and avery wch poticy shsll b~ qromptly ui:qn~d ~nd d~livKed to ~ey MW by Il~id MORTGAGEE as furthir security to ssid rtxxtpa9e dcbt, and, not ku than t~n (10) days In advance of tM ~xpir~tan of ~ach polity, to d~ liva ro aid MORTGAGEE a ~~nsw~l N~oreof, topethK with a roteipt for iM premium of wch renewalt and Iher~ sMQ b~ no fir~ a wi~+dstam inwraec~ pl~o~d on any of aid buFldinys, any lnterKt therein or part the~eof, uoless in ~he form u~d with tM loss payabN ~s afwes+id~ ud in tFw ~wm aey ~wn of moewy becpne~ payable w~dK such policy w policies said NCORTGAGEE shall Mw ~he option ro receive and sppiy the ssme on account of tM Ind~bted~ n„s iecw~d hueby o~ to permit f~id IMORTGAGORS ro rtctive u~d vs~ it or any pa?t thtreof fa other pu~poses, without thareb~ waivi~~p w impai~- iny a~y puity, Iwn w ripht ~?d~r or by virtw of this mor:ya9e1 aed i~ rhs ~venr Nid MORTGAGORS shall fa ~~y r~asoo f~ii to keep ths said pr~n?isa w iruwed, or f~tl b deliver promptly ~ny of sai~ polic~es of inswar~u ro aaid MORTGAGEE, or fa;! p~omptly fo pay fully sny premium ther~fa o~ in ~ny r~~p~ct fall no p~rfa~, dischups. ~xecut~ ~fiect. complete. comply with and abid~ by tAis oovensm. or sny put hereof, said MORTGAGEE ee~~y pl~a and pay fa •uch inwrano. o~ «+y p.N th.~eof without waivinp or affectinp ury aptioe, li~n, equity, w?pht vnder a by virtw oi thts Matqap~ and tM fuli amo~o~ of .ach and .wry such a,ym«?r sha11 b. immed~a~ely dw ~nd pyable ~nd sMll bea interei~ f~om tM d~t~ thereof untU paid ~t tM ~at~ oi nins pa pntum p~r annum u~d together with s~ch inteteat shalf be secvred by fM lit~ of this mott9apa. To pKmit. oaemit o~ wffK no wsst~, impaGment w deteriowYan of ssid property or ~ny put theraof. 5. To pay dl ~rd sinp~l~? ths costs, charyes ~nd expenses, inciudinp • reasaubte dtwnsy's tes and aosfs of abatrscta of title, k~curred or p+id ~t sny tims by said lNORTGAGFf, betavse w in the tvenf of the failuro on tbe part of th~ uid MORTGAGOR ro duly, promptly snd fully perforey d~scharpR axecut~, aff~ct. oomp{~», aony~ly with and ~b'~de br ~ad~ snd every tha atip~lations, agreemenn, conditions, +nd covaNnq of said promissory not~ and thb mortpap~ any w ~ithe~. and aid coats, d~upea and expenses, esch and every. shal! be immediately du~ and psyable: whether a not the?~ b~ ootice d~ mand, anempt ro colkct ar wit pendinqr snd ths full smovm of ~ach and every wch p~yment sF»!t bear interest han Ihe date tM~eof until p~id th~ rate of nins par centwn per ~nnum; and all said cost~, ch~rgcs and e:penses i~cwred or paid, together w~th such interest, shall be secured by th~ lien of thit • ^qrl'pspi• b. TMt (a) in the everu of any b.esch of this Mortgsye or d~fault on tM part of the MORTGAGOR, o? (b) in the evem any of s~~d sumt of rtwney harein refe?red to be not promptly and fully paid within lhirty (30) days next after the same uveratfy become due and payabk, withovt tkmand or eolitr, o~ (c,) in the ewnt each and evsry tM stipulatiorts, ag~eemena, conditions s~d coven~nn of said promissorY note and th~s mortgaye any a ei~her u~ no1 i~ly, promptly and fully performed. dixharged, execvted, effected, campleted, complicd wifh and sb'~ded by, then in either or any svch ewnt tl+~ ~id a~ grepsfe sum menYa~~ed in said promissory note then remaining unpaid, with ioterest actrued, and all moneys secured hereby, shall betome du~ and pay- sble fatbwitF~, M tM@fNftH, st the option of said MORTGAGEE, as fully and completely as if all oi the said sums of monsy vrere a~inally stipulated to be paid an such dsy, anylhing in said promiuory note o? in this Mortgage ro the contrary notwithstandirg; arid rherevpon or thereafia at ths option of said JIAORTGAGEE, wirhout rwrice w derr~and, svit at taw or in eqviry, therefwe or thereafter begu~, msy be prosecuted as if sll naneys setured hsreby had maturcd prior to ~n irotitution. ~ . 7. That in the event that st the beginning of or at sny time pending any w~t ~pon this Matgage, oi' to ~orec(ose it, w to reform h, or to snforos payment of srry claims herevnder, ssid MpRTGAGEE shal! apply 1o the Covrt baving j~r~ad~ctEon thereof fw ~fie a~ointment of ~ Receiver, such Court sh~ll Forthwith ~ppoint a receiver of said mortgaged proQerfy iIl and singular, incl~d~ng all and singular the income, profits, issves and reve~?ues from whstsve? wwee derivad, each ~nd every of which, it beiny exp?essly understood, is hereby mor~gaged as if specifically set fpth and described in the ~ranting and habendur» davses hereof, and such Recciver shall have all the broad and effective. funct~or?s and powen in anywise entrusted by a Courf to ~ Reteiver, and such appointment shall be made by such Court as an admitted equity snd a matter of absolute right fo said MORTGAGEE, and without teference to fhs adequscy a in~dequacy of the valve of rhe propery matgaged or fo the so~vency o? insolvency of said MOR(GAGOR or the defendann, and that wch rents. profits, income, issues snd revenues shall be applied by such Receiver accwding to the lien u eqvity of wid N10RTGAGEE and the pratliu of tuch CarA. s 8. To duly. pranptly and fu8y perfwm, dischsrge, execute, effed, tom.ptete, comply with and abide by eath and every ths ttipulatwns agreertK~b, conditans and coven+nts in aid promissory ~ote and ~his mo~tgsge set forth. 9. That in the eveM the owe~enhip of the mortgaged p?emises, or any psrt thereof, becomes vested in a person other than the MORTGAGOR, ths MORTGAGEE, ifs svccessors and auigns, may, without notice ro~he MORTGAOR, dea) with such svccessor a successor in interat with reference to this mor~yspe ~od the debt hereby secured in the sams manner as with Mortgago? without in any way vitiatirg or discharging the Mwtgagors' li~bility hare- undn or upon the debt hereby secured. No sale of the Fremises hereby mo.tgaged and no fwtxarance on the pert of the MpRTGAGEE or its wuesso~s or assigns and ra extension of the time for the payment of the debt hereby secured given by the MORTGAGf~ or iti succeuots p ass;gro, shall operste to release, discharg~, modify chsnge a affect the original fiabiliry of the MORTGAGOR herein, either in whole or in part, 10. It is specifically agreed thst tirrK is of the eucnce of this contract and that no waiver of any obiigation hereunder or of ths obligation tr arred hereby sMil st any time thereafter be held to be a waiver of the terms hereof a of the instrwnent secured herby. addition to the fwego:ng monthly payments of princ:pal and interesf required by the prom~ssory note secured hereby, mort8sgor~co~~ve.1i~~ and agrees to o mortgagee with each monthly paymeM an add~iwnal sum estima~ed by mortgagee to be equal to 1/12 of tF?e annual co HM~fo(low- ing: A-Afl real prope~y faxes kv~ sed agairut ihe above descriFsed real estate. B-Premiums on fire and windstorm 6uursnce a u;red to be carried ovements situate on the above described premises, C-Premiums on wch mortgage gwranty iruurance as to time deem fit to carry on the bsn secvred Liereby. Allortyagee shall from time to time ' 9agor in writing of the amount due and paYa eu~pon be d~e snd payable on the due date of monthly payment and each successive month thereaher ur,til mortgsgee ahall notify mortgsgw o a n wd~ , amount. Suth w e spplied by mortgagee toward the payment of real properry taxes, ir?wrance prem:ums, and mortgs9e g~iaranty ' pra~niv . IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and sea) the day snd yesr first aforesaid. Seakd nd deliver 'n the ptesence of; . h n Q STATE OF FLORIDA 1 courm oF S t. L uc ie Befae me persor?~Ily apPeu«! Tom I. Mathis Jeannie R. Mathi s his wife, to me wetl known and knawn to m~ to b~ the individwb dewibed in and who exewted the foregany instrument, ard adcnowledged before me that they exeaited the sarne fw ths purposes rherein expresteJ. And rhe ~a~ Jeannie R. Mathis . wiie of the ssid TOm I. Mathis opon s separsts and privs» examin~Ywn by me taken sepsnte and apaA from her said husband, ~duwwledged to snd beforo me that she executed said irotrument freely and vo{w~ hrilr and witF~o~rt any oompulsion, cputraiM, apprefxnsion,~ feu of w from her said husband. WITNESS my fwnd and official seal thi• ~ day of ~r A, p, ~q 69 Notary Pub in and for ths ste o# Florida af Larp~ My Comm' ion expi.es: /~c'_ l, / Q 7/ Retvm Ta Fi?st Fed~nl Savirgs i lo~n Asfociation • - : _ , r', ' ~,,a~ . Of fort Pierce. `;``~y1A~ii/~f~t~//' ~`~~t: ~..""f ~~011~ fort Pierce. Fbrids ` ~~.•••••.."~a~•. . ~ ~ ~ ~ G~ :J9:•~`~~~` :~rl~~': y~~a~rr~.,, ~~~Q~~~'~".~ J~ r1'~ FILED ANO REC~RDED! ~ ST. ~UCIE COUNTY.~FL'/~ This Instrument Prepared By : ~r ' ` - First Federal Savings b loan Association ~~?~'~J ~ RECO~Q,Y~~~ ' 1'7~~ of Fort Pierce ~;i>; . ~ ; Q ~ -,,vo~-.......;.G ~E,,:= ~ss FES i 7 Pa z: s ~hedced By .T. • Collins - `''y,~ ' ST~'•, g ~~t~~;~:: i~ '~C~ r~OGE~RAS r 6a0K~~t~ PAGE24~ ~tERK~ CIRCUIT COURT; ' cf . _ . t.. ~ _ - - - - _ ~ _ : - - - t , v_ _ _ ~ - ~ ~ ~