The URL can be used to link to this page

Home My WebLink About2995 : ' Ftiit j 1+ t 3. To plact and co~Nnuwnly k~ep on the buildin~s now w he~eat~er ~itwq on sa;d land and on ali eq~ipment a~d p~rsa+ally covered by this mat~ ~ ~g~, wifh ~I) pr~miums therwn paid in full, iire intura~ce in the uawl standard pofity form, ie~ s sum approved by Ihe MORiGAGEE. u+d windttorm in~~ru?c~ ie tht utwl stindard pol~cy fo«n, in ~ sum app~oved by tM MORTGAGEE, in such tompany q compani~s as ~I?~ MORTGAGEE n?~y dired; ~nd aq fir~ and wind~rorm insurancs policies on any of said build~nqs, any intereit tMrein or p~~t thereol, in IM a~repat~ wm aforaaid w in ~xceu lhereof, ihatl contai~ ths usual standard mortga9ee clause w svch other claus~ ~s iM Ma19~gee may requk~, makin~ ths loss undN s+±d polF ~ c~, each and ~very, payable to iaid h10RTGAGEE ~s its jn~erat may ~ppea, and each and every ~uch poticy shall be promptly ~u:qned and detivercd ~o ' ~ny Mld by said MORTGAGEE ~s further ucu~ity to said mwt9age debt, and, not teu than ten (10) dsys i~ advance of tFa expiratio~ of each policy, ro dr liver to taid MORTGAGEE a renewal thereof, to9eth~r with a reteipt for the p~emium of s~ch ~enewal; and there shall be no f~re w windstwm insur~nc~ ~ pl~pd on sny of said buildings, sny i~tcrest the+e~n or part thereof, unleu in tFK form a~d with the lou payable as afaesaid; ~nd i~ tl+~ eve~t any sum of ~wr?~y becomes payable ~nder such policy a pot~cies wid MORTGAGEE shall have ~he opt~on to receive and apply fhe same o~ accovnt of the indebted nets secured hereby q tc+ permit aaid INpRTGAGORS to reteive ~nd us~ it or any pa~1 thereof ior otner purposes, without th~+eb~ waiv;~g o~ ~mpain inp any puity, lien or riyht ~nde~ or by vinue of this m~tpage; ~nd in tik event sa~d A10RiGAGORS shall fa any reason fail ro keep the said premius so iruured, w fail b detiver promptly any oi said poticies of insuranca to said MORIGAGEE, o. fai! promptly to pay fully a~y premivm therefw or in any ~ respad fail b pufum, diuharge, execute, effect, complere, comply with ~nd abide by this covenan~, a ~ny part hrreof, said MORTGAGEE may plac~ ~nb paY fw such inwrante or ~ny pan theroof witFw~t wsiving or affectinp any option, iien, equity, or right unde~ w by virtw of thii Mortgape, and the ! full amovnt of tach and w~ry such payment thall be immediately d~e and payable and ihall bear intere~t f~am 1M date thc~eof until paid at the rate ot ~ n~ne psr centum psr annum and together w;th iuch interest shatl be secured by the lien of this mort9age. ~ 1. To pKmit, commit or suffer no waste, impairment or deter~oration "Qf sa~d prope?ty or any paN thereof. ; S. To pay all se~d sin~utsr the costs, cha~es ~nd expenses, including a re~sonsbto attwney's fee and costs of abstract~ of title, encvrred or piid st any tims by said MORTGAGEE, becauu or in the event of the iailure on the part of the said MORiGAGOR to dvly, promptly and fully ptrform, d~stha~9~ ' exetut~, ~ffect, tomplet~, comply with and ab~de by each and every the stipu~~~~c^s. agreemenn, conditio~u, a~d covenanrs of said promissory ~ote ar+d ~his mort9ape any or either, a~d uid costs, cMrges and exper~xa, cach snd every, shsll bs immediately due and payabfe; whether w not there be notice dr mand, ~ttempt to tolkd q suit pending; snd tF~e full smount of each and every s~th paymeM shall bear interest from the date thereof until paid al tl+t rate of nins per tenwm per ann~m; and all uid costs, charges aod expenses incurred w paid, togetAer with svch interett, shall be stcurtd by the lien of thw mortQpe. 6. That in the event of any breach of this Mwtgage w defauh on the part of the MORTGAGOR, or (b) in the event any of ssid sums of money herein refe~red to be not promptly and fully psid within th~rty (30) days next afrer Ihe same stve.atly beconx due and payable, withovt demand a notite, or in the avent exh and every the slipulatia~s, agreements, conditions and coverwnts of u:d promissory npte a~d th~s mwtgage a~y w either sre nol iu1y, promptly and fully perfamed, d~xharged, executed, effected, compkted, compiied with and abided by, then ir? e~thcv o? any such eveM ths aaid ag gregsh wm mentioned I~ said premiuory note thtn remainirg unpaid, with inte~es~ scc?ued, and all moneys secured hereby, sMll become due and pay- sble forthwith, or thereafte~, at 1he opt;on of said MORTGAGEE, ai fully ~rd complNely as if alf of the said sums of mo~ey were orginatly stipu~ated to be paid on such day, anything in sa~d promiuory ~ote or in this Mo~tgage to ~F+e contrary notwithstanding; and thereupon or thereafter af the optipe of ~aid MORTGAGEE, without notics w demand, suit at law w in equity, therefa~e w thereaiter begun, may be prosec~ted as if all moneys secured hereby ~ had rtuw~ed pnor to ib inslitWion. 7. ihat in tF?e event that af the beginning of or at any time pending any suit upon this AM1~rtgage, a to fwectose it, w to re~onn t/, or ro tnforce payment of any tlaims hereunder, said MORTGAGEE shall apply to the Court having juritdiclion thereof for the appoiotment of ~ Receive?, such Caut sha{I F«thwith appoim a receiver of said mortgaged properry atl and singular, inctud~ng all and singular the income, profits, issues and revenxs irom whatever source derived, each and every o( whKh, it be~ny expressly undersrood, ;s I,ereby morrgaged as if spec:i~cally se~ fa~h and dewibed in the yrsntiog and ~ habendum clauses herewf, and such Receiva shall have all the broad and effeceive funct~ons and powers in anywise entrusted by a~ourt ~o a Receiver, and such appoi~tment shall be made by such Cov~t as an admitted equity and a matter of absolure right to said MORiGAGEE, a~+d without reterence ro fhe ad~qvacy pr insdequacy of the value of fhe property mwtgaged w to the sotvency w insolvency of iaid MORTGAGOR a the defendann, ar+d that s~ch rems, profits, incorne, iuues and revenues shall be applied by such Receiver according to• the lien or equity of said MORTGAGEE and the practite of s~th CouR. 8. To dufy, promptly and fully perform, diuFw~ge, execute, effecf, complrte, comply with and abide by eath and every the stipulations, agretments, conditions and covenants in said promissory note and this mortgage set forth. 9. Thst in the eveM the uwrKrship of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, ths MORTGACaEE, in successors and assigrts, may, wirhovt norice to the MORTGAOR, dea! with such sutcessor a wtcessor in interest with referente to this morlgage and the debt F?eteby secured in the same manner as with Mortgagpr w;thout in any way vitiating w diuharging 1F~e µprtgagprs' liability here- under or ~pon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its wtcessors w su~gns and no extension of the time fo~ the paymeM of the deb~ hereby secured given by the MORTGAGEf o~ its successon o? auigns, shall operate lo release, dischu~, modify change or affett the original liab~l~ty of tF?e MORTGAGOR herein, titF~e? in whok or in part. 10. It is specificatly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder o? of the obiigation sc cvred hereby shell at any tirtM ilw.veafiei be held to be a waiver of the terms he?eof w of the instrumem secured herby. . In add~tion to the forego:ng monthly payments oi princ~pal a~d interest required by the prpniswry nole secured hereby, mort ants and agrees ay to mortgagee with each monthly payment an add~rio~al sum estimated by mortgagee to 6e equal to 1/12 nva cost of the follow- ing: A-AI! rea! prope?ty taxes kv~ ai~st thc above desuibed real _ ~ B-Premiums on ti?e and windstorm insurance as herein requ~r rried o~ the improveme~ts situate on the above described premises, ~ C-Premiums on suth mortgage guaranty insur mwtgagee shall from t~me fit to carry on the ban secured hereby. Mottgagee shatl from time t ' ~ y morlgagor in writing of the amount due and payable hereu a a11 thereupon !x due snd payable on tF~e due d e r.~xt monthly payment and eath successive month thereafter ur,til mortgagee shall ~otify mortgagw in such amqunt. shall be applied by mortgagee toward the payment of real property taxes, ins~rance prem:ums, and rtwrtgage guaranty ~ . ~ IN WITNESS WHERE~F, the said RTGAGOR has here~nto xt his hand and seal the dar and year first aforesaid. Sig ~ aled a de prexnce of: ~ . -r -(Sea4 ; . . ~~n . •n STATE OF fLORIDA ' St. Lucie ~ ' courrn oF bsfor~ ms penonally appeared Hattie Gandy, A Sit~gle Adulx ~ g/k/a Hattie L1+ni so [`snrlv y~, ~ir ~rife: to me well known and known to me to b~ t the in~ividwM desvibed in uw! wFa executed tF~e fore9arg instrvment, and ackrwM,tedped before me that .thep execvted the same for tM pwposes ~ rherein exp~sss~d. Atd~he~sf~ S~ s wif~-ef-f~l~Mi~ ~ wvOw~+lpMM~ wM• !'fAwliMliw~bylw!•1~~1~? ~MNr ~r~ y'lM~+kOr11~IMF Ni~~wlwrl~~t{Y~W~~1p ap~dfDitiYlJ~1L iF1~iM[iW~.sai~ iY1i14~W~11 ~f~~11i~1101 1lI~T ~1~~IR1~1~1A r~~1{~1~11~ KM1M1rN1? ~1M~MpMr_K•E~i61L ~f~/Di~'Yt~f~ ~lOi~11d. oL0 f WiTNESS my hsnd and o((ici~l s~si thK dsy of /l D. 19_~.. s Nw+iy FvWic in n~d iqr the Stat~ ot Flwjda`~f.larQ~: ~ R~twn Ta t-;~`.C r M~ Commaswn acpires: s ' E , /1..~ • ~ . r v ~ Finr f~r~) Savinqs t Loan Attoci+?ioi~ ~ 'Ic ;'ll~~~r . , ' ' ' • ~ . Ll l, ~ - ~IOiA~T ?rtUC,, iTATE Of iLOp101.aT ~~Yt ' Of Fo.t P,erce. ~ ~ r~ f~~f - MY COMMISSIQI~i FxPto~S pK. . Fwt Pierce. flaids {(C.•~~,` ~o«aeo iNe - 3. ~~7~ . ~ ~ ~~t .C~ l~' OVON FI~EO w. o~crt~MOil.t ~ : ` J ~ t ~ , This Instrument Prepared B~i~'a~~E f : t ' • ' " ` ~ First Federal Savings b loan Asiddii~ic/~w~~C~+ ~ ~UUN i ~ of Fart ~ierce 1~5~i8 Checked By R. Kay~a r , ~ ' BQ~K ~ ~ ~~.C ~~I'~~ . ~ Cf - - - _ _ ~ _ _ ~ . _ ~._>r,~'r3'