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Home My WebLink About0778 i To plau ~nd oontiauovsly kNp on tA~ buildin~ now a Mr~+hM ~itua» o~ aid knd ~nd on all equipmN?t and p~onally cov~r~d by tM~ nwrq~ ~ p~. with all pnmiums th~non p+~d in full. fin tns~rsnu in ti+~ wual su~xd policy fwm, in a svm approwd by tM MORTGAGEE, and wind~tam tnswanc~ in tM ~nwl stu+da~d poiicy fam. in ~ swn approwd by tM MORTGAGEE. in wch company o~ con+P+n~a +s ti+~ 1NORTGAGEE m~Y ~ dincy and ~II fin and windstam inwr~aa po~iciss on any of Hid bVildilpf. ~y iMffpl tlNfflll Of pifi tM(OOI, in tM apprepat~ sum afonaid o~ Irt ~xaa thK~of. tMll contain tM uswl u~ndard mwtya~ clws~ o? wch odwr clww as the Matpa~ may rpua~. m+kinp tM iou ~od~? s+id PoIF , c{y, esch and ~very. p~Yabb M s~id MORTGAGEE as ib int~rest may app~ar, aod sach and evay svch policy ~hsll b~ promptlY +ss-~^sd ~^d d~livered to • u?y Mld by wid MORTGAGEE ~s fv~ther secu~ity to said mw~ya~ deb~. +nd. n9t I~as th~~ t~n l10) days In advanca of tl+e expk~tion of tach polity. to d~ 1 liwr to s~fd MORTGAGEE s renew~l tF~eof, wpe~he? with a ~eceipt fw ths piimium ot such rsnewal; a~+d tl+~r~ sl»II be no fire w wFnditwm intur~nt~ ! plaad on ~ny of s~id buildirgs, any in~e~est therein w psrt thereof, unless l0 1he fwm snd with tM loss paYabit a ~for~ldr snd in the event ~ny wm . of mon~y becan~s p+ysbi~ w+de? wcl+ Pc~M? c+ Polki~s s+~d MORTGAGEE shall haw ~M option to receive +nd apply the sam~ on accoun~ of th~ t~debted- ~ n.ss s.cund Iw~by o. w permit wid JNORTGAGORS ro?eceiw a+d us~ it p a~y part thereof fw other pwposes, without the~eb~ waiving or impain inp any pvity. 1'wn a rpht uoder or by virtw of this ~nws9~yr, and in tM ~vent ~aid 1NORTGAGORS shall fw soy reawn f~il to ke~p ths s+id pnenise~ so ie~swed, o? fai) fo delivei promptly u~y of said policies of ieuwsnu ro said MORTGAGEE, or fail promptly to pay fvtly a~y premium ~herafw w in any ~ rssp~ct fail b puiorn~, dischu9e. ~xearte, eNect. completa, comply with ud ~bids by this cove+wM, or any pa~t hNeof, said MORTGAGEE m+y pf+c~ snd ; paY fw wd~ imu~anc~ w ~ny part thHeof without waivinp or ~ffectir+p a~y opt'an, lien. eq~ity. o~ right vndar or by virtu~ of this Mortyap~. and the full unaint of each snd ~very wch payment shall bs immediat~ly dw a~nd psyabk and shall bear interes~ fran fhs date thereof ~r?til paid ~t tM ~at~ oi nine per ca+tum per annum ~nd toyether with tuch interesr shall be ucured by the lien of this mort9age. 1. To p~tmit, aon?mif or wffx no wsste, impairme~t a deterioration of aid property w a~y put tl?eraof. S. To pay sll and sirpul~r the cosn, charyes +~d exPenses. indvdi^p ~ reasonable attorney's fee and costs of abstracts of title, incuntd or p~id at ' any Yam by aid MORiGAGEE, becavss a in the event of the failure on the psrt of Ihe said MORTGAGOR ro duly, p~omptly sod fi?IIY perform, dischar9~, S exewt~. ~ffed, oomplete, comply with a~d abKle by e+d+ arwl every the stipulaYrons, agreemenn, conditio~s, snd covenants of said promiuory note and this } mort9~ u~y or atF~. ~nd said costs, d+uges +nd expenses, e~ch and every, shsll be immediatcly due ud paYabk: whethe~ w ~+ot ther~ b~ notice ds msnci, sttempt to colkct or wit pending; and the full amovnt of each and every s~rch paymcnt shall bear interesl from he dats thereof until paid ~t tht rate of nine per centum per uwwm; and all said costs, chuges and expenses ina+rred a paid, togNlxr with wch intenst, ahall b~ secured by the lien of thN mortp~p~. 6. That (a) in tM went of sny breach of thts Mortysge w defwlt on the part of the MORTGAGOR, or (b) i~ 1M ivent sny of ssid s~rms of aaney hereln referred to be nof promptlp snd fully paid within thirty (3~) days next afte~ thc same xvcralty become due and payable, withoul demsnd o? noY~ce. or in the ewnt e+ch and every the stipulations, a9raements, conditions and coven~ots of sa~d promissory not~ ar._~ th~s mort~s. any or either ar~ no1 ~uly. promptly and fulh performad, dcxharged, executed, effected, compkted, complied wifh and abided '~y. then in eithe~ w any such ~wM tM said ag~ pregst~ wm mentaned in s~id promissory note then remaining unpaid, with interest acuued, and all moneys secursd l+ereby. sMll becane dw and p~y- able fathwith, or tl+eresfte~, at the option of said MORTGAGEE, ss fully and completely as ii all of the said wms of mw~ey were orgin~lly stipulated to be paid on wch day, anything in said promiuory note or in this Mo?tgage to the contrary ratw7thstsnding; and thercupon or thereafter ~t ths option of said MORTGAGEE, without notite w dernand, wit at law or in equity, therefore w thercafter beguq, may be prosetvted as if all mor~eys satured heteby had matured priOr fo itt institutip~ 7. That in the event tlwt at the beginning of or st ~ny twne pending sny wit upor? this Nlortgage, or to fweclose it, or to roform it, a to enforc~ payment of ~ny cia'uns he?eunder, said MORTGAGEE shall apply to the Court having jvrisdiction thcreoi fa the ~ppo~otment of a Receiver, suth Court shall iorthwith ~ppoint a receive~ of uid mat9aged property sll and singular, includ~ng all and sirgular the income, pro(its, issues and reve~ues irom whatever wurce derived, each and every of whKh, it being exp?euly understood, is hereby mortgaged as if spec~fically set fwth and described in the yr~ntinq snd haberd~m davus hereof, and such Receive~ iFwll have all the broad and effective functions and powers in anywise emr~ated by ~ CarH to a Receivtr, ~nd j wch sppointment shall be made by wch Cowt aa an admitted equity and a matter of absdute right to s~id MORTGAGEE, a~d without ?eference to the i adequaqr or inadeqwty of the value of the property matgsged or to the wlvency w inwlvency of said MORTGAGOR or the deferKlants, and that such ! reny, profits, incpne, iuues ~nd revenues shatl be applied by wd~ Receiver sccording to the lien or equiry of said MORTGAGEE snd the pr~ctioe of such i CovA. : ! 8. To duly, promptly snd fvlly pesform, d'iuharge, e:ecute, effetl, complete, comply with ~nd abide by e~ch and every tM stipulatant~, ap~eemenb, ~ conditions a+~d oovensnts in said promissory note and this mortgsge set fwth. 9. Th~t in tM eveM the ow~enhip of the mortgaged premius, or ~Mr psn thercof, becomes vested in s person other thsn the MORTG/IGOR, the ~ MORTGAGEE, iri wcceswn and usg~n, may, without notice to the MORTGAOR, deal with such successa or succcssor in interest with~reference ro this n ' mort9sye and the debt hereby secured in the same manner as with Mwtgagor without in any way vitiating w dixharging 1F~e Morty~gors' liability he~r ; unda or vpon the debl hereby xcured. No sak of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its svccessors : or augos and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEf or its successors w auigr?s, shall op~r~t~ ( 1o release, disch~r~e, modify thsnge w affect the wigina~ liability of the AhORTGAGOR herein, eithe? in whole or In psrt. 10. It is specifically agreed thst time is of -the euence of this co~aact and that no waiver of any obligation herevrde~ o~ of tM obliyation t~- :vred het~by sh~ll at any time theresfter be held to be a waiver of the terms hereof or of the instr~meM secured herby. - ' 1 addition to the forego:ng monthly paymeMS of princ'pal and interest required by the promiuory note setured heroby, mort and agrees to p ee with exh rranthly payment ao additional wm estimated by mortgagee to be equal b 1 nua cost of the follow- '^g: A-All real properfy taxes (evied w assessed agai~st the a v e. ~ B-Premiums on fire and windstorm inwrance as herein r carried on veme.~ts situate on the above descr~~pnmRe~ C-Premiurm on such mortgage gwranry i as matgsgee shall from t~me to time deem fit to e losn s~yrdd~Mf~: ' Mortgagee shall from time notify mortgagor in writing of the amouM due and payabk hercu~der and suth supl ' ~i and ~ ~ payable on the due d e next monthly paymem and each suttessive mw~th thereafter ur.til mortgsgee shall notify Jtiq~~~ a,~ suth ~ amouM. shail be applied by mortgagee toward the payment of real property taxes, insurance prem:ums,: ~td . y~ ' , ~ ~ , y.:., . . -v, t ~ IN WITNESS WIiEREOF, the said MORTGAGOR hss herevnto set his hand and seal the day~~ea~ fi t7r'{ ;~~t~ ~ ' ~~d de~rv~ed M~~ a~ af: FIIED AND RECORDED . ~ic' ~ ? ~ ST. LUCIE COUNTY. FL~y' ~ ` PG!~r1r^ ~r_;.Z~t~,F~ _4 • ~ Attest • ~ ' M s - - ~ _ ~ _ _ _ --y- _ .-~,--T.r-; 1`75'795 ~ STATE OF FLORtDA C~E~6J~1fFi'ai1~A~1CIE ~ I HEREBY CERTIFlf, That on this 13th ds ~o~UIT COURT March , A.D. 19 69 , Y before me personally appeared Robe=t E. Rose a~ MaY'S? Rose respectively President and Sec~etary _ , of WestQlen Cornoration , a Florida "_~drporation, to me ~ known to be the persons described in a~d who executed the foregoing instrument, and severaU~a~G~lcnawledgld the exe- - ' 1 l ~ cution thereof to be their free ad and deed as such office~s for the uses and pursoses therein FiQrlti~nmd;E~~~ they ~ ~ a • affixed thereto the official seal of said oorporation, and the said instrument is the act an~.deer#~~df~i~ ~ot~¢~~pn. ~ WIjj~ESS my hand and officia) seal at Fort Pieroe ~.~-~a-tt~ . , said oou snd ~t~le, F ~A?s instrument prepared b .C~,' U~- ~ ~ ~r s.~~'~ ~ - irst Federa~ ~v. & Loan Assn. , : s ~ - ~ Notary Public, ~~r~:: B Tho ~f Fort Pier . My Commiuio ~;~~r y. y mas A. Driscoll ,o.we ti" a' ""•ew~p~w~aVa•,•.,..•••'' ~-~3 -7a ~e eao~ ~ ~u P~cE 7~ ~ ~ ~ . _ l _ _ - - - ~ - :~~~y ~ . _