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Home My WebLink About2757 S. To plaa ~nd contin~ously ktep on ths buildinys now or Mreaftt~ ~t~at~ on uld land and on all eqviprt?enl ~nd penonally cov~red by this mort¢ with ~II pranivms thereoe psid in full, fire insura~c~ in tM ~su~l standard poticy form, in ~ sum •pproved by the MORiGAGEE, and windstorm i~iwaoc~ in tIN vswl sr~~dard policy form, in • wm ~pprored by tM MORTGAGEE, i~+ such company or companies u the MORTGAGEf may directt a~d all ~ir~ u~d winds~wm i~surance policies on a~y of said b~ild~nps, any interesl therein or paN Ihereof, in the apg~ep~te wm afor~said w In ~:ceu the~~of, shall contain tM ~sual standa~d ma~gage~ dause a tuch other clauss as Ihs Mor~ga9ee may ~equi(~, m+kinp Ihs loss u~da said po1F cies, each and ~very, payabk ro said MORTGAGEE as its interest may +ppeu, and each and ~very s~ch poticy shall be promptly ass:gned and dtlivered to any held by s+id MORIGAGEE ~s turthe~ security to said mortgage debt, and, ~ot leu Ihan ten (10) days in advance of 1he expiration of each policy, to da ; live~ fo Nid MORiGAGEE ~ ~enewal the~eof, together wirh • reccipt fa the premium of :uch renewal; and thero shall be no firs w windstam insurante plaad on ~ny of said buildinps, ~ny intcreit tixrein or part tFrireof, unless in tF?e fo~m and wi~h the loss psyable as sfwesaid; and in tiK event a~y sum ot rtqMy becpnes payabl~ u+~de~ such pol'~ty or policies said MORTGAGEE shall have the option ro receive and appty the same a+ account of ths indebted- neu sttured hNeby or fo pa~mif said MORTGAGORS to receive and uu i1 w any part thereof for osher purposcs, ~.ithout th:reb~ waivi~ig o~ ~mpair- inp ~ny puity, litt~ or righl under or by virwe of thii morsgage: +r+d in the event sa~d MORTGAGORS shall fw any reason fail to keep the said premises so iruured, or fai) to deliver promptly any of said potic:es of insurance fo said MORTGAGEE, or fail promptly te pay fvtly any p~em+um therefor o~ in a~y respecl fail to pKform, d~sch~r9e, execute, effect, complete, comply wi~h and abide by this .~ove~anf, a ~ny part hereof, said MORiGAGEE may ptace u+d 1 paY fa such i~wranct w any pan thereof without wsivinp or ~ffatting any optan, licn, equity, w ~igM unda or by virtw of this Mwtga9e. a~d the ~ full amo~nt of t~ch u+d evsry such payment ihall be immed~ately due snd payable and shall bear interes~ irom the dats thrreof until pa~d at ths rate of ni~e pK osNwn pet annum and togelher wilh tuch interest shall ba secured by the lien of this mwtgage. } 1. To pamit, commit o~ wfter no wuts, impairment a deterioration of said {xoperty or any part thereof. ~t S, Tp pay u~d singular the costs, charges +nd expenxs, ir?cludirg s reasonable attor~ey i fee and costs of abstracts of title, incurrcd or paid a1 ~ any time by ~aid MORTGAGEE, betause or in the event of tM failure on the pah of 1he said MORiGAGOR to duly, promptly and fully perform, d~xhsrgR execut~ ~ffecl. tomplet~. oomply with and ab:de by ead+ and every the sliputat~ons. eg:eements. conditions, snd covena~n of said p~omiuory note an~ tha ' matgapt any or either. and said cosb, chuges and expenses, each and every. shall be lmmediately due and payable: whelher or not thr:e be no~ice dp i mand, attempt to collect or svit pend~ngj ~nd the futl amount of each and every such paymem shall bear inte?est trom the date the~eof until p~id at the ~ .ate of nine per centum per amwm; and all said costs, chargei and expenscs incurred or paid, together with such intered, shall be setured by the lien of thi~ ^artpap~• 6. Tlwt (a) in the event of any beach of this Mortgsge w default on the part of the MORTGAGOR, or (b) in tM event any of ss~d svms of money : herein referred fo be not promptly and fully paid within thirfy (30) days next a4rer the same severatly become due and payable, without demand or notice. ~ or in the event each ~nd every the stipulatioos, agreements, tonditions and covenann of sa~d promiuory rate and th~s mortgage any a either are no1 E ~uly, promptly ~nd fully perfwmed, d~scha~ged, eaauted, eftected, completed, compl~ed with and abided by, ttxn in e~ther w any iuch event Ihe said ag gregate sum mentaned in said promissory note thtn remaining vn~aid, with interest accrued, and all moneys secused F?ereby, shall betome dw a~d pay~ able forthwith, or thereafter, ~t tl+e opt~on of said MORTGAGEE, as f~lly ~nd complctely as ii all of the said sums o( money were wiginslly stip~latcd to be paid on wch day, anythiny in said pran~sswy note or in this Mortgage to the contrary notwithstanding; and thereupon or thereaiter at the option of said MORTGAGEE, without notice a demand, suit ~t law or in equity, therefore a thereafter begun, may be prosecuted as if sll moneys secured hereby had mat~red priot ro iri institution. , 7, Thst in the event that at the beginning of or at any time pe~+Jing any :uit upon this Mortgage, or ro foreclose it, w to reform it, w to enfo?ce payment of sny ctaims herevnder, said MORTGAGEE shsll apply to the Cour1 having jurisdlction thereof for ~he appoi~tment of • Receive~, svch Court shall Fwtiwvith appoint a receive~ of said mwtgaged property all and singular, inctud~ng all and si~gular the income, profits, issues and revenves from whatever wurce darived, each and every of which, it being expressty undcrstood, is hereby mortgaged as if speci~icatly xt fwth and•detcribed in the graming and habendum cla~ses hereof, snd such Receiver shall have all the broad and eifective funct~ons and powers in anywise eMrusted by a Court to a Receiver, and such appointment shall be made by svch Court as sn admitted eqvity and a maner of absolute fight to said MORTGAGEE, and without reterence to fhe adequacy w insdeq~aty of the value of the property mwtgaged or to the sowency or insolvency oi said MORiGAGOR w the defendann, and that such rents, profib, income, iuues and rcvmues shall be applied by such Reteiver according to the lien or eqvity of said MORTGAGEt and the practite of such Courf. 8. To duly, promptly and fully perform, d~xharge, execute, effect, complete, comply with and sbide by each and every ihe stipulations, agreements, c~ditions and covenants in said promissory note and this mortgage set tor~h. ~-r 9. That in the event the ownership of the mortgaged p?emises, a any pan thereof, beconies wsted~ in a person other fhan the MORTGAGOR, ths MORTGAGEE, iri succeuas and assigns, may, without notice to the /NORTGAOR, deal with such successor or successor in i~terest with reference to thia mortgage and the debt hereby secured in the ssme manner as with Mortgago? without in a~y way vitiating w discharging the Nlortgagors' (iability herr under or upon the debt hereby secured. No ssle of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w in successo.s ~ or auigro and no extension of the time fw the payment of the deb~ hereby secu~ed given by the MORTGAGE'_ or its successors or auigns, shall operate to release, discMrye, modify thange w af(ect the wiginal liab~l~ty of the 1NORiGAGOR he~ein, either in whole or in pa?t. ~ 10. It is specificatly agreed that time is of the euence of this contrad and that no waiver of any obligation hereunder or of the obligation se- cured heteby shall at any time thereafter be held to be a waiver of the terms hereof or of the. instrumeM secured herby. addition to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured F?e~e gagor tov ~ and agrees to pa a ee with each monthly paynent an add~~ional sum estimated by mortgagee to be equal to 1/1 annual cost of tF~e follow- ing: . A-All real property taxes kvied o~ assessed aga . above described real e B-Premiums on fire and windstorm inwrance as here~n r carried on the improvements situate on the above desuibed premises. • C-Premiums on such mortgage guaronty i as mortgagee shall fro ' e to time deem fit to tarry oo the ban setured hereby. Mortgagee shall from ti ' e notify mortgagor in writing of the amount due ayable hereunder and such sum shall thereupon be dve and payabla on the due t e next monthly payment and each successive month thereafter ur,t~ agee shall notify mortgagor of a change in such amount. Su s sF.aEl be applied by mortgagee toward the payment of real property taxes, insurance " ms, and mortgage guaranty inwrance pre " . N WITNESS WHEREOF, the said JNORTGAGOR has hereunto set his hand and seal the day and ear first aforesaid. . Sgned, aled and del' he presence of: L ~ .q ~ •n ; rc-.~ ` ; ; ~ ~Se+q ` STATE QF FLORIDA ~ ~ 1 ~ counm oF ST . LUC IE ~ 4 Vincent R, McLynden ' befote rtw penon+l~y ~ppsarcd W~1116 Ci. MeLynden his wiie, to me well knov~h and known to me to ba ~ rhe individwls described in and who executed the foreyoing instrument, and ackrawledged before me that they executed the same for the purposes ~~fe~ t~~ ~ ~ Willie G. McLynden . ~ Vincent R. McLynden , „t, ,~,r. ~ € wi(e of tM s~id ~Po^ s~P+ P~ ; ~ ex+min~twn by me taken uparate and apart from her said husbar?d, ~cknowledged to and befwe me that ihe executed said instrument freely and volun- ; rarily a~d witlwut u+y cornpulsan, constraint, spprehenuon, w fear of or from her said husband. WITNESS my Mnd ~od officiaf seal thii-~ dsy of Febru a p. 19 69 ~ ~ ~ + ~ . Not ry Public in and for the St~h of F{orid~ ~t lup~ g My Commission e:pirea: ~ Retvm to: - . ,,r. ~ . s ~ Rra F.d..,) savirgs a lo.n Ass«~d~a, Notary Pub~c. Sta~e o~ F{oridi at LuQ! t ~ or Fo.+ P;~.«. - e,'~ ~ ~ ~A~ ~si ~9 ! , ~ fort Pierce, Flwids _ ' _ ~j. LUCIE COUNTY. F~:~. t ~ - _ - - RECORD VERtFl~ i 1'75a44 - ~ ~ J' : . - 1969 FE3 ~4 a~"~ t 1= This Instrument Prepared By ,r _ ~ First Federal Savings b loan Association , ' ~ ~~`y"t~ ~ of Fort Pierce fZ~~EtZ' F u~l tta5 ~ CLERK CIRCUiZ COURT s Chedced By John W. Coll ins ; ~ Bo~x ~.75 ~f,~f2753 ~f.... . n~ .t ~ +t~ ~ _ _ ~ , _ . : _ ~~-~c~. ,