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Home My WebLink About0776 • ~ . . ~ ~ . ~ To plaa u~d continvowly ks~p on th~ buildinpi oow a h~r~ahK 4twh on s+W land ~nd on all equipm~nt aod p~nonaily cov~+~d by this mort¢ ~ p~, with dl p~mivrm 1Mrea~ p~id in full, firo insuranu in tF+~ uswl uandard policy form, in ~ wm approwd by tM MORTGAGEE. ~nd wied~tam tnsw~nc~ in tM ~swl sq+~rd policy fam, in • swn approved by th~ MORTGAGEE, in wch compu?Y or comi»nies a tht MORTGAGEE may di~~cq and all fUe u?d wlnd~w~m inwru+a polictss on any of said build~~ps, any ie~aeit tFw~ein or p+.~ thtrwf, in th~ ap~re~at~ wm aforttak! or in ~xc~ tMnof, shall contain tM wual standud morty+~e cl~va~ or such otha cfws~ a tM AAw~paya~ may rpuin, makinp the bss u~de~ sa~d pol} ci~s. tach a~d wery. paYabi~ to sak! MORIGAGEE ~s iq interest may app~ar. and each u~d ~wry +uch policy shsll b~ promptly sss:yrnd and dslivK~d to , sny h~ld by aaid MORTGAGEE as fwtMr fecurity ro ssid mort9~s debt, ~od, nw I~ss th~n ten (10) d+ys in cdv~nce of •4 ezpi~+tion of each po~ity, ro dM ~ liwr to sald MORTGAGEE a nnewal thar~of, top~~h~r with a r~ceipt fw the premium of t~rch renewalj and ther~ shall b~ no fae w windstorm iniwanc~ pl~ad oe ~ny of said lwildir?ps, +ny interest tM.ein or put th~reof, uoieu in ths fo?m s~d wi~h ~M lo:s pay~bb ~s ~fo~~saidj ~nd In ~hs w~nt ~~r swn ~ of mon~Y becanes p~y+bb undK wd? policy or policiss ~aid MORTGAGEE shall Mw ths opYan ro receiw a~d ~pply the s+m~ on accovnt of th~ ind~bted- ntst s~cw+d Iw~by p b p~tmit s~id NWRTCsAGORS to reaiv~ and us~ it p any psrt thereof lor other p~rE+oses. without thxeb/ waivi~~ w ~mpair- up any puity, li~n a ripht uader or by virtw of thls mortpayej ~nd in tM ~ve~t a~id MORTGAGORS shaU fa any reawn fail ro keep ~he said pranises w intu~ed, or f~(1 b deliw~ pra~tly any of wid policies of inswants ro said MORTGAGEE. or fail promptly b pay fully any prami~m the~efw a in ~ny respect fail b p~rforn~, dischu9e, ~xecute, effact, complete, comply with u?d ~bide by this covenant, a+ny put hereof. ~aid MORTGAGEE m~y plac~ ~red paY fa such tawarw~ a ~ny part thKeof without w~lvinp w affectin~ any option, Ikn, equity. w right uoder w by virtue of ~hh Mo.tyaq~. and ths full amount of ~ach and way such payment sh+ll be irrwnediately dw and payabb ~nd sMll bes~ intere~l from th~ d~t~ thereof w?til paW at tM rat~ 01 nine psr anhrm p~r arwwm and together with such interest shall be secured by tM lien of this mort~s9e. 1. To p~nnit, owernit o? suff~? no wasts. impairment or dete?iorstion of said prope~ty or any part the~eof. S. To pay ~II ~nd ~irgular ths cosn. cMr9ea +nd expanses, including a r~eson+bk attwney s.'es snd costt of ~bstracts of title, incur.~d or paid ~t any time by aid MORiGAGEE, bcauss a in the eveet of ~M failuro on the p+rt of the said MORTGAGOR ro duly, prompty and fuQy pe.form, dixh~r~ execut~. effed. oompleh, oomply with and abtde by each and every the stipulations. ~greements, conc)itions, and oovenann of said promi:swy not~ and thw mwtyape any a atl+ar. and said oosts, d+~r~ and ~apenses, e~ch and every, sMll be immediately due and p~yable: whether w not there be notice dr mand, ~tfempt 10 cO11aCt Of wit pending; uid tM full amount of each and wery fuch paymcnt shall bear intmest from the d~te thercof until p~W ~t tM ~ate of nin~ per centum per aonum; and all said costs, charg~s and expenses inwrred w paid, together with such imeresl, shall b~ secured by ths lien oE thu mo+p~y~. . b. 7Mt (a) in the event of any bresch of this Mortgspe w dcfault o~ ths part of the MORTGAGOR, or (b) in the event ~ny of ta~d wms of mon~y i heretn nferred to be not promptly and fully psid within thirty (30) days next afta the same severally becane due ~nd Raysble, without danand a notKe, i or in the went each and every the•stipulations, agreements, conditions and covaunts of ssid promissory note and this mortpa~t ~ny a either ue ~w1 1 iuly, promptly ~nd fuUy performed, dixbarged, execvted, effened, completed. complied with a~d abided by, ths~ in either or any avch ewnt th~ s+id a~ i yre9alt wm mentiaxd in said promiswry note then remsining unpaid, with interest acuued, and atl mcneys secvred FKreby. iF+all betoms dw and pay~ able fOft}1WItIy Of tI1QfNRN, a/ the opYan of said MORTGAGEE, as fully snd completely u li all of tl~e said tums of nwreay were aigi~?ally stipulated to be paid on wch day, anything in said promiuory note w in this Mortgage to the cantrary notwithstsndirg; and thereupon o~ thereafter at the option of ~aid MORTGAGEE, without IWTIC6 W demand, wit at law w in equity. iFllftfOfQ Of 1F1NNIfN beg~n, may be proucuted u if ~II moneya secured hereby had matund prior to in institutio~. 7. Thst h ths avent that at the beginning of or at any time pe~ding sny wit upon this Mortgsge, o~ to faeclose it, or to mform it, q to' enfores payment of a~y daims hereunder, said MORTGAGEE shall apply to the Court having jurisdidion thereof fw the appointment of ~ RKliVl~, such Cour1 shall Fwthwith ~ppoinf a receiver of said mwtgaged property all and singular, includ~og all and singular the income, profits, issues and nvenues from whatwer source derived. each and every of which, it bciny expressly understood, n hcreby mwtgaged as if specifically set fwth s~d destribed in tF~e ~rantirg snd habend~xn dauses hereof, and such Receive~ shall have all the broad and effective funcGorn and powers in any:vise enhussed by e Court M a Receiver, and wch sppoietrt~t shatl be made by svch Cou.t as an admined equity and a matta of absolute rgM to said MORTGAGEE, and without refefE~u ro the i edequxy a in~deqwcy of the valve of the property mwtgsged w to the sowency w insolverxy of said N~ORTGAGOR w the defenda~n, and that sucl+ ~ rents, profits, income, iuues and revenues shall be applied by s~cl+ Receiver atcwding to the lie~ o? squiy of said MORTGAGEE ahd the practice of such ' CiwR. 8. To dvly, promptly and iolly perform, discharge, execute, effect, complete, comply with rnd abide by each and every tha stip~latioos, ~gree+ne~b, ~ conditioro and oovenanq in said promissory ~+ote and this mortgage set forth. 9. That in the event the ownenhip of the mortgsged pre*nises, or any part thereof, becomes vested i~ a person othe? thsn the MORTGAGOR. th~ MORTGAGEE, Hs wccessors and auigns, may, wifhovf mtice to the MORTGAOR, deal with such successo~ d uxceuw in intere:t with reference ro this ' mort9pe u~d the deW hertby setured in the same manner ss with Nbrtgagor witFw~t in eny way vitiating w distharging the Mortyagon' li~bility htra- under w upon the debt hereby sec~~red. No sale of the premiscs hereby mwtgaged and no forbearance on the part of the MORTGAGEE w iri succeswn w auigro snd no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEf or its sucussors or assiyns, shsll operat~ to r~kase, dixMr~e, modify change w affect the original liabiliry of the AM1ORiGAGOR t+erein, either in whole a in psn. 10. It b specifically agreed that Yune is of the euence of this cororsct and that no waiver of any obl'~gation hereunder or of tM obliy~tion te- cured h~rsby siull at ~ny time thereafter be held to be a w~iver of the terms hereof o~ of the instrument secu~ed herby. In additwn to the forego:ng ~monthly payments of princ'pal and interest required by the promissory nore tecured hereb b and a9ree~ to ith each monfhly paymem a~ addirional sum estima~ed by mortgagee to be equal t anrwal cost of the fdlow- ing: A-All real property taxes kvied or assessed agai~st exri estate. . B-Premivms on fire and windstam insurance as Ixrei to be carr improvements sitvate on the above desaibe,~d premises. C-Premiums on wch mortgage guaron ~ce as mortgagee shall from time to time " on ?he loan eby. Mortg~gee shall from ti me notify mwtgagor in writirg of the amount due and payable hereunder a be due and payable on the due tFe ~ext mo~thly payment and each successive month thereafter ur.til mortgagee shall ~i ~n wch amovnf. ms shall be applied by mortgsgee toward the payment of reat property taxes, insurance prem:~~`~ ~~byar~_ . i~ pca~nl ms. ~ ' t ~ = ~ ~ . - ~ IN WITNE55 WHEREOF, the said NIORTGAGOR has hereumo set his hand and seal the day and ar f - ~ ~ y de~~ve.ea in d,e P.esence or: WES~T - i= r By: ~ ~ FflEO ANO R 0" ~ ~ s~. LUC~E CO~,~~~, S r . ~ / u ~ ~ • ~ _ - - _ ` 'FD _ • ~ C, , ~ ~ - - - 17~'154 --~ri~ au.c~_ '69 N~lR t 9 AM ; Z 9 STATE OF FLORIDA COUNTY OF ST. LU~I~ I HEREBY CERTIFY, That on this ~3 ~ d _ ~ Ch , A.D. 19 69, before me personally appeared Robert E C~eCIRCUIT COUQ~~ I"~rY Rose respectively President and Sec~etary , of Westalen Corporation , a Florida Corpo~a~ion, to me ~ ~ known to be the persons described in and who executed the foregoing instrument, and severally ackno~w(adged~ ex~- ' ~ cution thereof to be their free act and deed as such officers for the uses and pursoses therein menti~atipd~~-fFia~,~y,i ~ affixed thereto the official seal of said oorporotion, and the said instrument is the act and dee~ ~=sa~!? c~~iohn -t ~ _ ~ : - WITNESS my hand and official seal at Fort Pierce 7~b~`~ , said oounty and stat~c •f,: `~.1~ ~ . . = ' ' ~ This inst,~;rnent pr~;pa;ed by ~ cer,,ti 1~,~~~ ~ v l~'~~~ - `irst Federal Sav. & Loan Assn. Norary Publi ~ ~ ~ ~ ~ Of FO c, in and for te t rt Pierce My Commiuion Expires: 1 T gy homas A. Driscoll ti,~,,~,, t,. ~ ~ aa~u ~.~s ~ ~j ~ . ~ ~ - : - - e ~ ~ - ~ ~ . .