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Home My WebLink About2491 S. To plaa and conti-:wnly kt~p oe tM bulldir~ now ot Mrtaha situ»~ on iaid land ar+d on all eqvipmtnt and ptrtonaily covK~d by tN~ matp~ ap~, with ~I) pr~miwas thenon p~id in full. fin insuwnc~ i~ 1M vswl s~sndsrd policy fwm, in a wm approv~d by tM MORTGAGEE. ~nd wind~torm inw~+na (n ~M uswl ttanda~d pol~cy fam, M a wm approwd by ti?~ MORTGAGEE. in sucA company a compani~s ~ tl+~ MORTW1~iEE nwy dtnctt and aU fin and windstorm inswranu policies on ~ny of s~id build~npa, ~ny i~l~rtst tl+Kein ot part tl+ertof, in 1M appre~a~~ awn afonsaid a M ~xoess tlwr~of, tMll contain tFN wwl st~nda~d matya9s~ clsus~ or such wha claus~ as tFN Mort~aQN may rpu'u~, makGp ~F~ Ioss v~ said polF ciy, Mch ~nd ~vKy. paYable ro said MORTGAGfE u ih iMeresf may appsar, u~d each and every such puficy shall b~ p?ompNy ais:y~xd a~d defive~ed b +ny Mld by ~aid MORTGAGEE ~s fw~her secvrity ro said mortgsQe debt, ~nd, not ku than ten (10) days i~ advance oi ~he ezpir~tioc~ of eacb poticy. to dr IivK to ~a;d MpRTGAGEE a ren~wal thereof, ~opetF~ with a raceipt (or the premlum of such renewal; a+nd then shal! be no f'us w wi~~am inw~anu plaoed on ary of said b~iklE ~s, any intereit Iherein w put thereoF, vnleu in t!K form a~d with the loss payable at ~fores~idj ~nd M tF+~ tvant any wrn of mw»y becpna p~yabl~ ur+de. such polky or policies said MORTGAGEE ~hall havs ~he optan ro recsive snd ~pply rhe s+me on ~ccovm of rM indeb~ed~ ness s~cured hsnby a a pe?mit saod MpRTGAGORS ~o recaivs and uH it a any par~ thereof iw onc~r pu~poiei, wi~hovt tha.eb,r waivi~~y w~mpair- Mip any puiry, lien or ripht u~der or by vGtw of this mortpayej and in tl~e tvent qid 1NORTGAGORS shall fw any resson fail to keep 1M said premiset so tnwnd, or fsi) b deliwr promptly any of said policies of i~surance to taid MORTGAGEE, or fail prompfly to pay fully any premium the~afor p in ~ny ?~~p~tt bll b psrfonq, dixharye, execute, effect, complete, comply with ~nd abide by tfiis oovenant, a ~~y pa~t hareof, s~id MORTGAGEE may pl~ ~nd pay for wd~ inturanct a u+y part th~reof without waivinp or ~ffecting ~~y option, lien, equity, w right under p by v~rtw oF this Mortqape, and tM full ~nqw+l oi tach and t.~7/ such piyrr~t ~lul! bt immedistely dus u+d psyable ~nd shall bea~ interest from tFa date thereof vntil paid at the rah of nine pK ta~tum pK aMUm aod toyNher with s~ch inte?mt shall be secured by the lien ot this mort~age. To pKmit, aonw~31 or wffer no wsst~, tmpairment or dete~aration of taid property w any part thcreof. S. To pay all snd Wwulsr the costa, chuges ~nd expenses, including a ressoruble attor~ey's fee and costs of abstracts of tiNs, Fncvrred or pafd st any time by qid MpRTGACsEE, betause o~ in the ~wn! of ths failure oe~ the part of the said MORTGAGOR to dvly,~r omptly ~nd fully perfprn, dischstg~ execwq ~ff~cf. complet~. oornply with and +blde by esch and every the stipulaYans, agreemenb, tonditions, and cove~lants of said promiuwy nots u+d thw mo?tyaQ~ any w tithar. aad sa;d costs, charges and e~cpenses. rach and every, ahal) bs Fmmediately due and payable; whNher a not there be not~ce ds mand, ~n~mpt to collect or wit pend~ngt and tM full amount of cach and evcry wch payment shall beu intrrest from the dat~ thereof vntil p~id at th~ rate of nine per ur~t~m per a~~wm; and all uid costs, chuges and expenxs incvrred p paid, together with wch infsrest, ahall bt aetured by tM lien of this ~b~ b. 1h~t (i) In the eveM of any breach of this AAorfgage w defaull on the parf of tF~e MORTGAGOR, or (b) in the event any of taid swns of naney fierein referred to be not promptly snd fvlH paid within thi~ty (30) days next after the same xveratfy become d~e and piyable, withou~ dereand o~ rtorice, or (c~ in the event each snd every the stipvlations, agseemenn, conditions and cove~ants of said promissory note a+d th~s mortgage any w either sn no1 ~uly, promptly and fully performed, d~xharged, eaecvted, effeded, completed. complied wi~h snd ebided by, then in e7ther w any such ~veM tM said ag yre9ate wm mentioned in said promiuory note then remaining unpaid, with inrerest atuued, and all moe~eys set~red t~ertuy, sh~ll becane due snd pay- abls fotthwith, Of 1F1MNffN. at the option of said MORTGAGEE, ss fully anl compktely as if atl of the said wms of mooey were originally ~lipulated to be pad on wth day, anythirg in said promiuory ~ote or in tha Mo?tgage to tl+e conrrary notwirhsrandi~g; and thereupon or tl~eafter at tM optiort of •aid MORTGAGEF, without ratice a dn»snd, wit at l~w or in eq~ity, therefwe or thereaiter begur?, may be proser~ted as if all naneys secured hareby i?ad natured prior to in imtitWion. 7. That io ths we~t that ar the beginning of or at any time pend~ng any wit upon this Mo?tgsge, or to fweclose tt, w fo reform tt, or to enfo?a payrnn+t oi ~ny daims hereunder, said JNORTGAGEE shalt apply to the Coun having jurisd;ction thereof fw tF~e appointmer?t of a Receiver, wch Court ~hsll i fathwith appoint a receiver of said mortgaged prop~rty all and sinyular, intlud~ng all and singvlar the income, profits, iuues snd revenues from wMt~va ? sourte derived, eath and every of whith, it being exp?essly understoai, is hereby morrgaged as if specifica!!y set forth and described in the ~?antinp and habendirn d~vses hereoi. ~e•d such Receive~ shall Mve all the broad a~d effective funnions and powers in soywiu a+tr~sted by s Court to • Receiver, ar?d such sppointment sha11 be macle by such CouA as an admitted equity and a rn~tter of absolute rigM to said hWRTGAGEE, u~d without referente ro fhe adeqv~cy w inadequacy of the value of the prope.ty mo.tgaged or to the sowency or ~nsolve~cy of said AAC?RTGAGOR a the defendann, and that wch renn, profits, intwne, issues and revenues sha11 be :pplied by svch Receiver according to the lien w equity oi wid MORTGAGEE snd the practice of such CwA. 8. to duly. promptly ~nd fu~ly perfwm, d~charge, e~cecute, effect, complete, comply with and abide by each and every ths stipulaYans, agreemenb, co~d'itans and covenants in said p?omissory note and this mortgsge set tonh. 9. That in the eve~t the owrKrship of the mortgaged prem;ses, w any part thereof, becomes vested in s person other thsn the MORTGAGOR, tha ~ MORTGAGEE, i» s~cceuas and suigns, msy, withouf notite to the MQRTGAOR, deal wirh such succeuor a sutcessor ;n interest witb rcference to this , mortyaye ~nd the debt hereby securod in the same manner as with Nbrtgagor without in a~y way vitiatir?g or discharging the Mortgsgors' li~bility Fkre- under or upon the debt hereby secured. No sale of the premises hercby mortgaged ar+d no fwbearance o~ the psrt of the MORTGAGEE w ih successors o~ usgns and no extens;on of the time fw tFK payment of the deb~ here6y secured g~ven by the MpRTGAGEf a itt s~rcceuws o? assiyna, shall opsrate t to rekase, distharye, rnotlify thange or affect the pginal liabelity of the MORTGAGOR herein, either in whole ot in part. ~ 10. It is specifically agreed that time is of the euence of this c«uract and that no waiver of any obl~gaYan hereunder or of the obligation se- cured hereby shatt at any time thereafter be held to be a waive? of the terms bereof a of the instrumem secured hefby. 11. !n add~tior~ to the forego'ng monthly payments of princ:pal and imerest required by the prom;ssory note sec~red F~ereby, mortgagor covenanb ! and sgreet ro pay to mortgagee with each monthly payment an add~~ional sum estima~ed by mortgagee to be equal to 1/12 of the annual cost of the fdbw- i ing: : t A-Alt ~eal property ta:es levied w assessed against thc above described real estata { B-Premiums on fire and windstorm insurance as herein requ;red to 6e urried on the improvements sitvate on the above described premises. j C-Premiwns o~ sutF~ mortgage guaronty insurance as mwtgagee shall frem time to time deem fit to carry on the loan secvred hereby. ~ Mottgagee shall from time to time notify mortgagor in writing of the amounf due and payabte hereunder and such wm shall thereupon be dve and t payable on fhe due date of the next monthfy payment and each successive month thereafter urtil mortgagee shall ratify mortgagor of a charge in such amount. S~ch sums shatl be applied by mortgagee toward the payment of real property taxes, ir?surance prem;ums, and mortgage gvaranty insunnce premiums. IN WITNE55 WHEREOF, the id M TGAGOR has hereunto set his hand and seal the day and year fint aforesaid. Siynyt;l5e led an e'I~e e esence of: , _ n - .R ~ M--n STATE OF FLORIDA ~ courrnr oF -St. Lucie defon me personally appeared Ra~rt L. Baldwin~ S r. ~ Pauline C. Baldwin his wife, to me well known s~d known to me to be the Ind'widwb desaibed in and who executed the forego;ng instrument, snd acknovrtedged before me that they executrd the wme ior the pvrposes rt,~.~ e~.~d. a,a r~„ a,;d Pauline C. Baldwin w;{e o~ t~,. Robert L. Baldwin, Sr. T - . upon . sep.?.Re. and priv.t. ex~min~tion by me taken sepsr~te and apart from her tsid husband, sdcnowledged to end befwe me that she execvted said iost~a~~ftl~r ind,vol~nr tarily and withwA arryr compulsan, constraint.. ~pprel+eeu' or fear of or from her s+id Fwsband. :e WItNE55 my fNnd and official sesl th~a day of February -:~`~l~ '~~'p.~,_,~j(~ . ~ d;~,~ : r- FIIED AND RECO Notary Public in a~d fw the S~p~}~ ~te~~r~ - My co~,~?~u~«, ~ Retum To: ST. LUCIE COUNTY, Fl . fa::,~:• f:( ~~+j _ f.~..~ ~ ~r;~ i'74~`73E~ - ~ - ' .e : •~~a~t~ rtleU~, iTA~c Of fL0 ' Of Fwt P~erce. ~ EOMMRI$$ION EXP~R=S D~~~ •",,..--~t`C , 1 fwt Pierce, florida ~ ~ ~OM P R E D w. o ~ E sYlt~iip~w ~~j E~' .-s '69 f EB 18 AM I 1. 5 - i~ ~ ' ~''I This Instrument Prepared By ROGE POITRAS First Federal Savings !4 loan Associati~ERK CIRCUIT COURT; of Fort Pierce Checked By R . Kayes aoox ~ ~5 PAGE2486 . . _ ~ ~ f ~ '5~ 'T " _ . +r....,_. . . _ ~