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Home My WebLink About0402 i + • ~ r e 3. To pl~ and contiewously kNp on t1?~ buildinys now or haNitK ~i~uaN on said land and on ~II equipn~ef u?d penonally eovK~d by tNs mort¢ p~, with dl premiums ~her~on paid in f~ll. fi?~ i~s~~anc~ in th~ uswl standud pot;cy form, in ~ tum approv~d by tM MORTGAGEE, and wi»d~tam trowanc~ in tM uswl sunda~d policy fany in s sum ~pproved by tM MORTGAGEE, I~ wch company or companies as tM MORTGAGEE may dinctt aid all fM~ and winditam irtwrana polic~ss on ~ey of iaid buildinps any tet~nst th~rein or pan tfK~eoi, in tM apqreq~t~ wm ~fu~said ar In ~xaess thtnof, sluli contain tM ~s~al sqndard mortyapM clause a such other clavs~ ~s the Matpay~e may reqvir~. makinp Ihs loss undK wid poli~ tia, exh a~d ~wry. paYabl~ ro said MORTGAGEE as its in~ereit may ippsar. u~d exh and fvery• wch policy shall b~ promptly a~s:yned and d~livKed to any heW by uid MORTGAGEE as ivnher s~turiry to said mort~aQe debt, and, 110f (!sf tIN11 iM (lO) diyt In Ot/viAtt Of tA1 fkpFl~tiOQ O{ ~DCI~ pplltY, to d~- IIvN fo iaid MORTGAGEE • r~newal thereof, IopethK with a receipt for the premivm of svch rentwalj and ther~ iMll b~ ~o f'ue or wind~tam inwranc~ pl~ad on ~ny of s+id buildirgs, sny io~erest tl?s«io or part theraof, unleu in fFr fwm and with tM loss payabk is afort~sidj ~nd in fM ~wnt ~ny wm ~^+~Y b~~s P+Y+~ s~+ch Pu~kY or po~k7ss s+id MORTGAGEE s1?ap Mm the option to receive and apply tha sams on accoun~ of tM Indebted- Mss tstu~~d haeby or b permil s~id MORTGAGORS to reteiw ~nd W~ It p any pa~t thereof fw othc~ purposes. witla~t Ih.web~ waiving a impair- Inp any puity, li~n a ~iyhl u~de~ w by virtw of this morty~pe; and in the evenl ~a~d MORiGAGpRS sAal) fa any reason fai~ to kssp the ssid prem;ses so Yqwd, ot fsl) M dtliwt prpnptty ~ny of s~id policies of insurance ta ssid MORTCsAGEE. or fail promptly to p+y futly sny pr~mivm the~efa or in any rapM fail b pMforeq, dixhar9e, execute. ~ffe+ct. complete. comply with ~nd ab~de by lhis covenant, or any part hereof, said MORiGAGEE m~y ptac~ ~nd pay fo~ :vch tnwranc~ or any part thereof withovt waivu~Q w affectinp any optiay lien, equity, o~ right vnda or by vinue of this Mert~ap~, and the full ~mou~t of ~ach uw! ~wry such paymeM shall be irrwnedia~ely due a~l p~yabl~ ~nd ahall bear interest from ths dat~ thereof until paid at th~ rate o1 nir~e psr untum p~t ~nnum and together with wch inte+est shati be secwed by t!n fien of this mortyape. ~ i 4. To pKmit, canmit o~ svffer no wast~, impairmen~ or dererarar;on of sad p.ope.ry a any pan ~Mreof. i S. To pay all ~nd sF»yvlar the coats, ch+rqes and expenses, includin9 a reasonable ~ttwney's Fes and costs of abstracts of title, incur~ed or paid at any time by said 1NORTGAGEE, becavse a Io tlre event of the fsilwe on the part of ths said MORTGAGpR to duly, promptly snd fully per(orm„ diuha?yR ~ •xetvle, ~Hacf, compkt~, comply with and abide by each and every the stipulu~ons, agreemenri, conditio~s, a~d mvenann of said prem;ssory note and this ! mott9ay~ ~ny or atha. and said costs, chuges and expenses, each and every. ~hall be immediatety due and payabk: wlxthe? or not there bs notice da m~nd, att~mpt to collect w wit pending; and the full amo~nt of each and every svch payment shafl bear interest f~om the daM thereof until paE~ +t tht ' rate of nine per ceRtum pe~ aru~um; and aU said costs, charge~ and expenses incvrred or paid, together with such iNere~t, tlwll be sacured by ths lien of tha mottp~. 6. Th~t (a) in the ~w~t of any bre~ch of this Mortgage a defavl~ o~ the E,sr? of the MORTGAGOR, or (b) in the event any of saicf tums of ma~ay ha~in referred ro bs not promptly and fvlly paid withen thirfy (30) days nexl after the same sevcrally become due snd payable, without demand or notics, w W in tM event each and every the stip~ta~ions, agreemenn, condiriorts a~?d covaunq of u~d promissory note and this mortga~e a~y p either art nol ~uly, promptly and fully perforrna~ disci~arged, execvted, effected, canpleted, complied wirh and abided by, than i~ ei~l~er a ar~y s+xh eveM ths ssid q~ preyab sum mentioned i~ said promisspry nete then remaioing unpaid. with interest acuved, and all mo~eys setured hereby, sMll become dw a~d pay~ abb forthwith, w thereafter, at ths optioe? of said MORTGAGEE, ~s f~Ily and completely as if all of the wid sums of money were pigi~atly stiputated ro be paid on such day, anythir~ in sa:d promiuory note or in this Matgage to the contrary notwithstanding; and thereupon or thereaher at the op~ion of. ' s+id MORTGAGEE, witFa~rt notice a demsnd, suit at law or in equity, therefore w thereafie~ begun, may be prosecuted u if ~II mo~eys sacured hereby had matvred ptiOt fo ift irntitytion. 7. Thaf ir~ N» evenf that et the beginning of or st any tirrM pe,nd'eng any wif vpon this Nbrtgsge, or ro foreclose 8, or to refwm if, or to enforc~ payrnent of any cta'uns hereunder, said MpRTGAGEE shall appty to the Court havi~g jurisd~nion thereof for the appo~ntment of a Receiver, wch Covn ihall fwthwith appoiM a ~ecciver of said morlgaged prooerty atI ~nd singulu, includ~ng aIl and si~gular the i~cwne. profifs. iuues and reverwes fran whatever towce derived, e~ch snd every of which, ~t being expressly unders~ood, Es hereby mortgaged as if specifically set fath and dacribed in the g~antiog and Mbenduen davses hereof, aod such Receiver shall have all the b~oad and effective funcnons and powers in anywise entrusted by s Court to a Receiver, and ~~PPo~^~~~~ sA+~~ be made bY wth Covrt aa an admitted eqvity and a mafter of absolute righl to said MORTGAGEE, snd withouf refe?ence to ths ~eiequx~ p inadequacy of the value of the property mortgagcd « to the sonre~cy o? ;nwlvency of said MORTGAGOR or the defendants, and that such tenb, profits, incpne, issues and rovcnues shall be applied by suth Qeceivcr according to the lien or eqvity of said MORTGAGEf and the practice of auch Co~xt. 8. To duty. promptly and fully perfwm, dixha~ge, execute, effect, complete, comply with and abide by each and every ths stiputatio~s, ~gree,,,o;.ts, tonditans and coven+nts in said promiuo.y note and fhis mortgage set fonh. 9. That in the event tfis ownership of the mortgaged premius, w any part thereof, btcomes vested in s person other than the MORTGAGOR, the - MORTGAGEE, ib successors and assigns, may, without notice to the MORTGAOR, deal with such successor w successor in interost with reference to this mw~9a~e +^d the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w diuharging the Mwtgsgors' liability hera under w upon the debt hereby sewred_ No sale of the premius he,eby mortgaged and ra forb~arance on the pan of the MpRTGAGEE w iri suaesson a assigro and no ext~nsion of the time for the payment of the debt hereby secured given by the MORTGAGEE or its wccessors a assigns, shall operate eo releas~, dixhuQe, modify change or affect the wiginal liabitity oi the N10RTGAGOR herein, either in wlwle or !n pa~t. 10. tt ts specifically agreed that time is of the euence of rhis contract and that no waiver of any obl~gat~on hereunder or of the obligaYan se- cured hereby shall at any tar~e thereafier be held to be s waiver of the terms hereof w of the irutrument secured herby. H:~I dd~tion to the forego:ng monthly payments of princ'pal and interest required by the promissory note g~ ~p~~~n ' and sgrees to pay ee witA each mo~thly payment an addirional sum esrimated by rtrortg o 1/12 of tlxr annual cost of 1he follow- ~ i A-Alt real property taxes kvied or assessed aga~. ve real estate. B-Premiums on (ire and windstorm inwrance as u:red to the improvemenb situate on the above described premises. C-Premivms on sutf? morfgage urar,ce as mortgagee shalt from time to time ' carry on the loan secured he~eby. Mo~tgagee shall fr ' o time notify mortgagor in writing of the amount due and payable hereurwler a m shall thereupon be due and payabk on the d e of the next monthly payment and each successive month thereafter ur.til mo~tgagee shall notify mor g a.~ a change i~ such amount. sums sl:ali be apptied by mortgagee toward rhe payment of rea! prope?ty taxes, inswance p~em:ums, and mortgage guara rance 1 WITNE55 WHEREOF, the ssid TGAGOR has hereunto set his hand a~d seal the day snd year fint afwesaid, Sealed nd i" tlx esence of: ~ ,~~~N~LLL/~l~ _~se~~ n ~ srarE oF aaRrow ~ caurm of St. Lucie befw~ nK penon~lly ~pp~arcd N@IS B. Hallstra~ M ~@ S Hallstrof his wife, to me well keown a~,d known ro me ro b. 1h~ 'u~d'ividu+b dacribed in u~d who enea,ted the faregoirg imtrurnent, and adcnowledged before me tMt they e:ecuted the same for t}?e purposes M,.?e~, .xa.~d. ~?~?a tn, Marie S. Hallstrcn ~ ri,..,;a Nels B. Hallatroa ! vpa~ a sep~?afe ~nd priv~t~ ~ examinafion by me tsken separate and apa~t from her said fwsbsnd, adcnowledged ro and befwe me that she executed said iibtrument ire~ty snd volwr tuily and witl~wrt ~~r compv?sion, constr~int, ~pprehension~w feu of w from Mr iaid husband. ' WITNESS my hand ~nd official seal this day of A. D. 14_i~ • Notary lic in +nd fw the Stat~ of F{orida at lu~ } Retum To: . MY isaio~ ezpires: /att', / 47/ Fint F~der~l Savinps i loan /lstociation ' oF Fw~ v~~.«. ' :_,~:y ~.::~;c. Skie of Hotida at Wyt Fo.. vK?~. Fb.~, ~Ar Co~+~aasio~ E~ A~q. 6, 1971 - ~ 1'755~" ~ ~ . , r= ;~ht'~ nECORDEC~ This Instrument Prepared By v - ST. LlICIE COUMTY. ~1.•:. First Federal Savings b loan Association : - RECORD d~RlFit':~[~~ of Fort Pierce ~ ; ~ • ' - ` ~ Chedced By T. Driscoll _ ~5i,:,~; ~ 1y0~! ~`.::i~ ! ~ ~~..y4 ,''~tUts~+~~' ROGER PUtTR~~ ~ ~ Cl.ERK CIRCUtI COURT i ~ ~ aG4R 1 ~ U ~~CE ~'i ~ . C f _ - - ~ e ~ = :z ,.~a;~~