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Home My WebLink About0269 ~ ~ _ + 1 a` ~ ~ , ~ [ ~ S. to plaa and aonti~vousy k~ap on th~ build;nps now or 1?*~a+far aitwt~ on ssid lai+d and on all eq~ipm~nt and p~nonally covK~d by tht~ map~ i y~„ with ~1) prNni~ms tMnon paid in fuil. fire Insu~+nc~ in tM u~wl st~ndud policy fwm, in a sum approv~d by tM MORiGAGEE. and wind~torm ~ inwr~nc~ In tM uswl ~tanda.d policy tor~, in a wm spprov~d by tM MORTGAGEF, in wch company a canpanies sa the NlORTGAGEE m~y ' dlr~ct~ and ~11 fir~ and windsa?m ir?su~anos policies on ~ny of aid bvild~nps any tnte~~~t thsr~ln or pa?t thareof, in tFw ~reyat~ ~wn ~foraaid or ~ In ~xeea ther~of, sMll ca+tain the uswl stand+rd mat~spe~ clwse or iucl~ o~F~ dwse as tM Mortyage~ maY rsq~ir~, maki~p rhe lou w~de? said poli~ cia, tad+ ~nd ~wry, payabl~ ta uid MOitiGAGEE u its interes~ m~y appe~?, aod each end every such policy fh~tl b~ p~ompty ass:yn~d a~d d~livered to any Mld by ~id JNORTG/1GEE ~s fwthsr isturlty to said matyage debt. aod, not kss 1t?~~ ten (10) d+~' advu+ce of tM eapkation of each policy, to dr liwr to ~aW MORTGAGEE • rte~w~l thereof, tc~ether with • receipt for tF~e pemiun+ of avch renewa.; -~d th~r~ shall b~ no fin or winduam intw~nu pl~pd on ~ny of said buildirgs, ~ny i~tcr~il th~~~in or p~rt thereof, vnku in the form aod with the lou pay~cie aa ~fortsaids ar~d in 1ht ~vN?t a~y suen of mo+Ny becorn~t payable undK wd~ poticy a policies said MORiGAC,EE sMii Mvs the optan to receive and apply the ~ame on xcount of tM lndsbted- nsst setu~td hs~sby O? to permit uid MORTGAGORS fo rKlivs and uN it p any parf thereof fw oihe~ pwposes, wiinout thareb~ waivi~?g w impsir• Mg any puiry, litn or ri9h1 u~der a by virtue of this morlys~e; and i~ tM ~vent aid MORTGAGORS shall fw any reason fail to keap 1M said premises sa G+w?ed, or f~il b deliwr promptty ~n~ of ssid policies of insurance to said+MORTGAGFE, a fail promptly to psy fully a~y pt~mi~m therefw or in ~ny r~sp~c1 fail to p~?forn~, dischar~, ~xecuy, ~fiect, complete, comply with snd ~bide by this covenao~, or ~ny par~ hereof, saW MORTGAGEE rn~y pl~ce and pay for wch inswant~ u any put thsraof without waiviop or aff~cting any option, li~n, eq~ity, w right vnder a by vinw ot this Mortpspe, +nd tM fvH arr~owM of sach and ~vsry such psymen~ :1?all be immediately d~e ~nd payable ~nd iF?all bear interest from tha d+» the~aot until paid d the rat~ ol nins pe~ ce+~t~m per ~mum and to~eether w;th svch inre~est shall be secured by tM lien of this matgsye. To pamit, commit w suffa no wu1e, impsirment or deteriwation of said property o~ ~oy paN tl?ereof. ~ S. To pay ~II ~nd sinp~~u ths coib, charges and expenses, inctudinp a roasonabk enorney's fes and cos» of ~bstracts of titls, incw~ed o~ paid al any tim~ by said MORTGAGEE, becavse a in the ewnt af ths failwe on tM pan of the said MORTGAGOR to d~ pranptly u~d fully perform, d~scl~a~R ` .xecuta ~ffaci. complet~ comply with and abide by each uid every the stipula~ions, agreements, conditions. snd coven~nq of wid prami:sory nofe u~d thu ~ mo~ any a e~tl~p, and said cotts, charges and expenaes, each and every, ahall be immedistely dus and payable; whether or not ther~ be ootice ds 4 mand, attempt fo collect w wit pN+dingj and the full amouM of each and every such payment shall bea? interest f~an the dale thereof until psid at th~ rate of nin~ per tentum pet uenum; a~d all said costs charges and expenses incvrred or paid, together with s;xh interesL shall b~ secured by th~ IiM of this ~q~ d. That (a) in the event of any breach of this Matyage or defavlt on the part of the MORTGAGOR, or (b) in the evcnt any of said sums of morky herein nferred to be ~ot promptly snd fully paid within thirty (30) days oext after the same severatly become due and payabls, without dsmsnd w notice. or (c~ ir~ the event each ~eid every the slipulations, agreemenri, conditans and covcnants of ss~d promissory note e~xJ this mortgage a~y o~ ather ar~ iwl ~uly, promptly and fully perfwrned, d'~scharged, ezecvted, effected, compkted, complied with and abided by, tF~en in either o? any such ewM ths aid a~ ~ pre9ata wm menfioned in said promiuory_nots thea remaini~ unpaid, with imeresl acuued, and all money: secure3 herebY, shall become dw snd pay~ sble forthwith, or thereafter, at the option of said MORTGAGEE, as fully and comptetely as if all of the said sums of money were aiginally stipulated ~ ro be paid on such day, anythinp in said promiuory note w in fha Morfgage to the conrrary notwithstanding: and there~pon w thereafter sl the option of said MORTGAGEE, without notice w demand, suit at law or in equity, therefwe w thereafter begvn, may be prosecuted u if ~II moneys sewred hereby had m~twed prior to in irotitution. 7. That in tM event that at tF~e beginning of or ~t any tims pending a~y wit upon this Mottgags, or ro fore~lose`' N, or to raform It, w to enfo?p payment of any daims hereunder, said MORTGAGEE shall apply to the Court having jurisdidion thereof for, the appointment of ~ Receiver, svch Co~tf shall ~ fo~hwith appoim a roceiver of xid mortgaged property all and singular, includ~ng all and singular the income, proiits, iss~as and revenuss irom whatever wurce darived, ead+ a~d every o( which, it beiny expressly understood, is he~eby mortgaged as if specifically set fath s~d desuibed in the gn~tiny and habendum cla~ses hereof, and such Receive~ shaU have all the broad snd effective Yuoa~o~+s and powen in anywise entrusted by a Coun to a Receiver, and such appointme~t shall be m+de by wch Cowt as an admitted eQuity aod s matte? of absolute righf to said MORTGAGEE, and witla~! referencs 1o the ~ adequacy a in~dequacy of fF~e v~lue of the property mortgaged or a the so~vency or i~uolvency of said MORTGAGpR or the defendann, and that such rC~~ profin, income, iss~es and revenues shall be applied by such Receiver according to the lien or equiry of asid MORTGAGEE and the practice o~ svch 8. To dvly, prems?tly and fvlly perfam, discharge, execute, effect, complete, oomply with aiid abi¢e by esch and every the stipvlations, ~greert~enq, 4 conditio~s and oovenants in sa~d promissory oote and this mortgage uf fwth. - 9. That in the eve~t the ownership of ~he mort9aged premises, o? sny paN the+eof. becomes vestcd.in perw~ othlr thsn the MORTGAGOR, ths ~ MORTGAGEE,'its successors and auigns, may, withovt notice fo the N?ORTGAOR, deal with such,succ~ssor or wcceuor in interest with reference fo this mortysy~e and the debt hert6y fecured in the same manner as with Nbrtgagor withovt in any way vitiafing pr dixharging the Mortgagors' liability hert under w upon the debt hereby secv~ed. No sale of the premius hereby mortgaged and no forbearance on the psrt of the MORTGAGEE w in waessors w auigra and no extension of the time fa the payment of the debt hereby secured yi'ven by the MORTGAGEf oa its successora w assigns, sF~ll operate to release, d~scharge, modify ch~rge or affect the ariginsl liab~i~ty of the MORTGAGOR herein, ~ither- in whote w in pirt. 10. It is speufically aQreed thaf time is of the es:ence of thu contrae~ ~nd that no waiver of any obligatton herevnde? or of th~ obltgat;on se- ar~d he~eby shall at any time thereaha be held to be • waiver oi the terms hereof or of the inf,trument secwed herby, ~tion ro the faego:ng monthly payments of princ:pal and interes~ required by the promissory note secured hereby, mort a o wants ' and sgrees to pay to thl payment an addirional sum estimated by mortgagee fo be equal to 1/i2 a cost of the folbw- ing: . A-All real property taxes kvied a assessed against tF~e above described r - . B-Premiums on fire and windstorm insurance as herein o carried on the improvem . ' ate on tMe above described premises. C-Premiums on such morlgage guar rance as mwtgagee shal! from time to •ime deem fit to csrry on he-.{ secured hereby. Mortgsgee shall from ' time notify mortgagor in writing of the amount due and payable hereunder and such wm aha n be dve ard payable on the d e of the next monthly payment and each successive month thereafte~ ur.til mortgagee shall notify mortgagor of a c a 'o~ ch amount. sums shail be applied by mo?tgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwr+r~~c! v+ns. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seat the day and ar P~rst aforesaid. ned, Seakd deliver in nce of: • ~ ? ~ ~ (S~a4 • lII II n--n ' o . - ~ { i n STATE OF . p(BW ~jtj( ~ f ~ COUNTY OF - ~~..t~. . ~ t ~ Befw~ me parso~ally appeared Sdnlf f~i_~ndon and ~ C~ZOl `T. L'~1G~A his wife, to me well known ar,d known to ms M b~ ` the Fndividuab desvibed in and who execvted the foregoina instrwnent, and acknowledged befors me fhat they executed the same for ths qxposes tharetn ~zpretssd, ,4,d y~e ,,;d Ca~col .l_ Lind~n wjf. of th. ,.fd Adalf W: Linclen . upon .~ep...f. ,nd prw.~. exuninaYan by me taken sepu+te and apart from her sa;d husbancl, adcrawlcdged ro•nd before me that she execvted said instrument freely and volvo- tsrily and withov~ ~ny compvlsion, caatraint. ~pprehen~ion, or fear of or from her said Mnbsnd n~, t:~ ~ k WITMESS my hsnd ar+d oKi7cial ~sl ffiis day of 1q:.:~;Q_ ~ :LE:U aND RfCORDEO ~ ~ ~ y' ' • ST. LUCIE CDUNT Y. F - ary Public ' fw the St t~;of ~ RECORO Y~RIF tL "J Mv c«~~ exP~~K: 1 Return ia JOHN bt~l~tN4,~ ^ ~ " ~ ~ ~ First F~dm~) Ss ' 6 losn Aswciafion n '"^gs `7 Nolary Public. SIa1b l~fi~w'S(af r^ : ; ~ ~ or F~ P~e«<. 1965 ~~~t~ - : P,~~"I e. s7-9sso9~s c~rt;~,~ ~~+kT~'~ • , . . fort Pie~ce, flwida M' Grfifitale fild in Ni+"v. Ct 'tii~'' . Ro~E~ N~ir~a~ ~~„E~~~~~~c - - ~ ~ CLERK CIRCUIT COURT ~ ; . ~ _~o..7b ~ This Instrument Prepared By ' First Federal Savings ~ loan Assaciation 1~+541'7 ~ ~ of Fort Pierce t Chedced By J. Collins ~ - 8~01t~ ~U ~ ~ f - . _ ~ i • ~ ~-~~`~.`Tada`"t~3°x';r~~~5.`~ti..,.-^is~,..~-'s' n, ~ . ~,.a ~.v.~~~~.P~~Nr .