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Home My WebLink About0051 _ . J. To ptsc~ aed conrinvouily keep on rh~ bvildirps now w Mre~ftet sifv~t~ o~ isid I~nd and a+ ~il equ~pmt~t snd ptna?~Ily cov~?ad by this mpt~ ' ag~, with ~II premi~ms thereon paid in fuil, fire insuraoc~ in the utuil ~tandard poli~y form, in • ium ~pproved by tM MORTGAGEE, a~d windstum i insu~+nce in /M uswl ita~dard poltcy fam, in a sum ~pproved by tM MORTGAGEF, in such company w companiea u tM MORTGAGEE may ~ d;reclj and all fir+ and windsro~m insu~ancs polic~e~ on any of said build~nps. ~ny i~~e~est therein or part ?hereof, in tF?s ~rey~t~ sum afores~id w in ~xcess 1lx~aof. sMil contain 1he viual :tandard morlgagae clsuse a such o~her cis~s~ as 1he Mortyagee may requin, maki~p the bss unde+ said poli~ cies, each and ~wry, piyable ro:aid MORTGAGEE as its intereit may appear, ~nd each and every such policy ihall be p~omptly ~u:g~+ed end dslivered ~o +ny Mld by said MORTGAGEE as fur~he? sec~rity to s~id matyage debt, and, not leu ~Mn ten (10) dsys in advance of tl+e expi~stion of e+ch policy, ro dr Iiver to iaid MORTGAGEE • ~e~ewal tFKreof. tope~hsr with a receipf fw the premivm o! such rernwal; and there ahall bs no fire or wi~diiorm i~uuranc~ placed on iny of said buildirgs, ~ny i~terest there~n or pa~t thereof, unless in the (orm a~d wi~h the loss p+yabl~ as afwesaid; a~d in IM ~vent ar?y twn of moe»y becomes piyable under such policy or policies said MORTGAGEE shall have ~he option to receive and appty the same on accwnt of the Indebted- neu stcu«d htraby a to permil said MORiGAGORS to reteive anoi use it a any parl thereof to~ oshc~ p~rposes, wi~hout ~hr.eb~ waivi~y or unpair- irg ~ny pvity, litn w right undc~ ot by virtue of this mor!qage; a~+d in the evtnt wid MORTGAGORS shaU fw any reason fail to keep the said premises so i~su~ed, a fail 1o delive~ promptty any o( said policies of iru~ra~ce to sa~d MORTGAGEE, a fail promptly to pay fully any premium therefor o~ in u+y raspect fsil to perfwrn, dischuge, execute, effect, complete, comply with a~d abide by this tovenant, a any part hereof, saed MORTGAGEE en~y place ~nd pay fw iuch irauranc~ or ~ny part thereof wi~hout w+ivin~ or affectinp aoy option, iien, eqvity, or ~ighr under w by v'utw of fhFs lNo.1Q~, ~nd the fu!! amovet of aacl~ ar+d evtry such p,yment shall b~ immediately due and payable and shall bear interest from tM date thereof ~ntil paid at the rau ot nine per ~entum pe~ snnum and fogethe? wiih such interest shall be secured by Ihe lien of ehis mortgage. I. To psrmit, commit a wffer no wastq impairrt+ent or deterioration of taid property or any part thereof. S. To pay sll sod singular the costs, tharga and expenscs, iocluding s reason~ble attwney's fee and cost: of ab~tracts of titls incvrred w paid ~I any time by said MORTGAGFE, because w in the eveM of the failurs on the part of the said MORTGAGOR to duly, prompHy and fvlly periorm, d~stharge, execut~, ~ifect, compkte, comply with and ab:de by each and every 1he sdpulat~ona, agreemen~s, conditiau, and covens~n of said promissory note and this mortgaye sny w either, and sa~d costs, chuges and ezpenses, each and every, shall be immediately due and payable; whether a ~ot the~e be notice d~ mand, attempt to colkN a wit pend~rg; and the full amouM of each and everyr s~ch payrn~nt shall bear intere:t from ~he date thsreof until paid ~1 ~he rate of nine per centum per annum; and all said costs, charges and expenses i~curred w paid, together w~th such interest, shall b~ secwed by the lien of this '^wtQ+D~• ~ ' Q TMf (a) in the event oi any breach of this Mortgage or deiault on the part of the MORTGAGOR, o? (b) in the event any of satd swns of money herein refened to be not promptly and fully paid withi~ th~rty (30) days next afte? the same xverally become due ar+d payable, witFwut demand p notice, or (c) 1n tF~s evenl each and svc-ry the stipulations, agreerrKnts, conditions aod covensnq of sa;d promiuory note antJ th~s mwtgage any w either ue not ~ iuly, promptly and iully performed, d~scharged, executed, eifected, completed, complied wi+h and abided ~y, tF?en in either or sny such evem the said ~g gregate wm mtntioned in said promiuoty rqte t~en remaining unpaid, with inte~est atuued, and all moneys setured hereby, shall become due and pay- abla fwthwith, or thcreafter, at the option of said MORTGAGEE, as fully and complNely as if all of ~he said wms of money vrere aigi~ally s~ipulated to be paid on such day, anything in said prom~ssory note or in this Mwtgsge to the contrary notwithstanding; and thereuport or lhereatter at the o~fio~ of said MORTGAGEE, without notice or demand, suit at law or in eqvity, thereEo~e or therea(ter beyun, may be prosecutad ~s if all moneys secv~ed I~ereby had rrwwred prw~ to in irutitution. , 7. That in tl» eve~t that at the begin~ing of or at any time peoding sny wit upon this Mwtgage, w to forectose it, or to rafam it, or ro enforc+e payrneret of aoy claims hereurxler, aaid MpRiGAGEE si~all apply to the Court having juri:diction thereof fw the appo~ntrt~ent of ~ Receiver, s~ch Coun shall FwthwUh appoint a receiver of said matgaged property all and singular, intlud~ng all and singufar the ir.come, p~oiits, issues and revcnues irom whatever sourte derived, e~ch and every of which, it being expressly understood, is hereby morrgaged as if spetifically set fwtF~ and deWibed in the granting and habendwn clavses hereof, and such Receiver shall have all the broad and effeuive funct~ons and powe?s in anywise entrvated by a Court to a Receive~, and :uch appointment shall be made by such Court as an admitted equity and a matter of abso(ute right to said MORTGAGEE, arxl withouf reference to the adequacy oi ensdequacy pf tbe vslue of the property mwtgaged er to ~he :otvency cr insolvency of said MORTGAGOR o~ the defendams, and that such rems, profits, ~ncome. ~uues and ~evenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the prsctice of such CouA. 8. To dvfy, promptly and iv)ly pe?form, diulwrge, execute, eifect, complete, comply with and abide by esth snd every the sfiputations, agreemenfs, canditions a~d covenants in said promissory note and this mortgage set f«th. 9. That in the evenf the ownership of the mwtgaged premises, or a~y part thereof, txcomes vested in a penon other thsn the MORTGAGOR, ths MORTGAGEE, its sccceuas and assigns, may, without nor;ce to the MORIGAOR, deal with such successor or successor in interest with retcrence to this mortgage and the debt Ixreby secured in the same manner as with Mortgagor without in any way vitiati~g q diuharging 1he Mwtgagors' Iiability herr under or upon the ckbt hereby secured. No sale of the premises hereby mortgaged and no iorbearance on the pan of the MORTGAGEE or its tucces=ors or auigns and no extension af the time iw the psyment of the debf hereby secured given by tF?e MORTGAGE~ or its successors or assigns, sha11 operate ro relxase, dischsrye, modify change w affect the origtnal liab~liry of the MORiGAGOR herein, eithe~ in whok or in part. 10. It is specifically a9reed that lime is of the essence of this contract and that no waiver of aoy obfigation hereunder or of fhe obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. In additio~ to the forego:ng monthly payments of princ'pa) and interest required by the promissory note secured hereby, morfgsgor covenants and agrees to p e,aap- a ee with each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1 12 0 _ ing: A-A!1 ~ea) property taxes levied w auessed a9ai e dezai ate. B-Premiums on (ire and windstorm insurarce as herei o be ca ]mproveme~ts situate on the above described premites. . C-Premiums on such mortgage guara ' ar~ce as mortgagee sha~~ from t~me to time ' arry on ihe ban secured hereby. Mortgagee shafl from Y ime notify mortgagor in writing of the amount due and payable hereunder an siwll tFre~eupon be dve and payable on the d o the next monthly payment and each successive month thereafter ur.til mortgagee sha11 notify mort9ay chanye in such amount. ums shall be applied by mortgagee toward the paymenf of real property taxes, insurance prem:ums, a~x1 mwtgage guaran r~nte pr . IN WITNE55 WHEREOf, the said MO~GAGpQ has hereunto ut his hand and seal the day and yearL~«~ S~g~ed. Se :d and ~ ered in the esence of: ~ ' ~r ` a~ aq n t K.,,~ STATE OF FIORIDA ~ cau~m oF St. Lucie oefwe erK pena?slly appeared W1111a1Y F. CaY'teI ' i JO A n M. (~artp.t his wife, to me vrell known snd known to me to bs t the indiridwta described in ~nd who executed the ~oregoir~y instrument, and adcnowledged before me tFwt they executed the same for tl~e p~?rpoaes ~ rn~~e~ •x~.~a. n„a r~ Jo Ann M. CaYter w~f~ of th~ ~aid W11•13.~ F. CaZt@Y upon a sepawte ~nd priwt~ ? examin~Ywn by me taken separate and apart from her uid husband, ackrwwledged to and befwe me that she executed said instrument freely and vdurr ; rsrily and withovt ~ny compuision, conitraint, ipprehe~,n ^ a feu o( w from her said Iwsband. j WITNESS my Mnd sr+d oflicial seal this 3 i~- , ' day of A. D. 19~_ J e ~ i ~ ' Notary iic in ~nd for the Stats of Florida ~t larpe ~ My C iuion eapires: Return To: ~ s~~. ~i Fint fedetal Savirpt i loan Auociation ~I'~ Ot Fo.r P~erce. ,'~S~ ^:ary i~,?'~IR. St~k ot f~Ofidi at i,afq! i ,y, F,ort -Pierce. Flwida ` i ' ^~1 ~Ofi1A1fS10R `i/!f ~UQ. b ~n ~Ofi - •`~V ~ ' - `'"I ' IvNM M fi~ ~ ~aliric GY --.i~~'~ P ~ : , .~ru" RE[;C~~.., This InstrumeM Prepared By - ' j'" ~ " . ~~UC~= ^{l~ ~ ^E~ ~t.. • t V First Federal Savings b loan Association : ~ t ' t _ ~ ^ ~ z~~ , ~ ~ ; _ of Fort P'rerc~ . ~ • ~ ` - ~ . • Checked By J , Ch.~staip, ~ . , ~ . i ' ~ , , . ~ . 1 ''i~`..ri ,:i~J ' ~L~Rf ;;;~ii~CJUi2i R,; ~o~R P~ 5,: . x.. ~ ; ~ - ~ - ~ -