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Home My WebLink About0780 . • ~ ~ , v S. To plaoe u+d conti~wo~sly k~ap on tM b~ild~r?~s now a Mr~afi.r s~w~a on saW la~d u~d on •11 equipma?t and p..sonally covaed by Mi~ map~ I a~, with ~11 pnmium~ tM.eon pa~d in full. iir~ insuranc~ ie ths uwal suodard policy form, in ~ wm ~pprov~d by ~M MORiGAGEE. and windNOrm tnawa~ M tM uswl atandard policy form, in • wm ~pprowd by tl+~ N10RTG1?GEE, lo wch compu~y a caep+~i~s ~s tM NtORTGAGEE n++y dinctr ud all fin and wind~twm i~xanu polic~s on ~ny of Siid bUiWi~~. M1Y If1tN~f1 IINft{If O? pNt fMflOl, in tF~s ap9.ey~a wm ~fo~~said a ; In ~xpss thenof. th~ll oonain "IM ususl sta~dud morrqa~ ctaua~ or wch o~Mr dws~ as IM Ma~9~ m+y rpuin. makinp tFa bss undN said poi{. + ci~s, ~sd~ ~nd ~vNy. p~Yabl~ M ssid MORTGAGEE as ib interest may ~pptar. ud each +~d evaY tvch Pelicy shall be promptly sss:9ned and d~live?ed ~o : any h~ld by s~id MORTGAGEE a furthN secwity to s+id mwtyay~ dsbt, snd, not Isu tMn ta+ q0) days in adwnc~ of tF+~ ~xp{r~tion of ~ach policy, to dr liw? ro uid MORTGAGEE a rentwal tMrwf, topethK with a raceipt tOr tM pnmiwn of such renewal; a~d ~Mn shall be no f'ue w winditam Tnswu+t~ plao~d on ae~y of said buildinps. ~ny ioterest thKein or p+rt thereof, unteu in ths` iam and with ~M loss p+y+bls u afor~saids +~+d M ti+~ ~vem +MI ~ ' of mon~y baopn~~ p~Yabl~ w~dN such polky a polKies wid MORTGAGEE shall haw the option ro receive u~d apply ~he sam~ on accow+t of the indebted- ! ness a~cw~d 1w~by or to pt~mit said MORTGAGORS ro rcc~ivs ~nd us~ it w any part thereof fa other purposes, wi~hout thxeb~ waivi~y w impai~- in~ any puity. IiM w i~pht w+d~~ or by virtw of this mortyapq and in tM event said NWRTGAGORS shatl fa ~ny rtawn fail to keep tM said pr~+ni~es so Insured. or fatl b dtliver pranptly any of said policies of inswanu to said MORTGAGEE, or fail promptiy ro pay fully any premium theretot w in ~ny r~ip~ct f~il q pafotm, d'qch~r~s, ~xetut~, effect, complete, comply with u+d abide by this covenaN, w anY paA hereof, said MORTGAGEE m~y pl~tt ~nd paY fa such irawanw w ~ny put tMreof vritho~t w+iv'u~p or ~ffactirg any option, lien, equity, or ri9ht ~nder or by virtw of this Mwt9a~. ~r+d the ' full amount of ~ath ~nd ewry wch paym~nt sh~ll bt imrnediattly due +od psyabl~ and shall bsar interest irom ths dat~ thereof until paid ~t tM rat~ ol nins p~r antum pe? aro?um and toyetl+e~ with s~ch interest shati be secured by the lien oi this mort9sQe. 1. To p~rmit, oornmit or wffer no w~ste, imp+irment o? detaioration of said p?operty o? aey pu1 the~eof. S. To pay all and si~gutar tM cos». char9es +nd expaoses, includin~ a ressonable attor~ey's fee a~d cosn of abstracts of titk, inn?rred w p~id ~t sny tlme by s+id MORTGAG.E, because w in the event of ths failwe on Ihs part of ths said MORTGAGOR to duly, prompNy a~d fvlly perform, d~acMryR •xecvt~, ~ff~ct, canpkte, oomply with and abide by esch and every the stipula~ans, agreemrnts, conditiom, and cpven+nn of said promi:sory nots and this ~ mwtyape any or atMr. and s+id costs, chupes and ~xpenses, each and evary, shall be immed'utely due and payable: whether or not ther~ b~ notice da msnd, attempt to tolkct or wit pending; ~nd the futl amount of each aed every svch paymeM shsll bear intere • from the date tlxreof w?til paid at the ~ rate of nine per ceotum per ~mum; and all said cosn. charget sod expeoses incwred a paid, togetF~et w~th wch interest. shall bt secu~ed by tM lien of tha ~ 6. iTNt in the weet of any breach of this Mortgsge w dei~ult or? tM pa~t of the MORTGAGOR, a(b) in the event any of said sums of moewy ~ hcrein nferred to be not promptly a~d fully paid within thirty (30) days next afte~ the same seve+ally become due and payable, without demand or noYrce. i or in the evcnt each ~nd every the stipulations, agreernenn, conditions arid covenann of sa~d promisswy note and th~s morlpag~ sny w ei~her ~re no1 I iuly, promptly and fully pe~formed, dixharged, executed, effec~ed, compkted, complied with and abided by, then in either w any wch ~wnt tF?~ said a~ ~ yregat~ wm mentioned in s~id (xomissory note then remai~ing unpaid, with imerost ataued. and all mo~eys secured hereby. shall betort~e dw ud p~y~ i able forthwiNy a thereafter, at the oFtion of said MORTGAGEE, u fully snd completely as ii all of the said sums of moner were wginally stipulsted ' to be paid on svd+ day, ~~ything in said promiuory r+ote w in this Matgage ro the contr~ry notwithstand~ng; and thereupa+ w thereafta ~t tM option of said MORTGAGEE, without eotics a dert~snd, wit at law w in equity, therefwe or thereaite~ begun, may be prosecuted as if all ma~eys secur~d hereby had mahNld prior fo iq irtstitution. - 7. ?hat ie tl+s event thst at the beginning of or at sny time per+ding any wit ~pon tha Matgage, w to forecloss it, w to mform it, or to enforp payment of ~ny daims he?euoder, said MORTGAGEE shdl apply to the Court having jurisdiction thereof for the appointment of a Receiver, wch CouA shall forthwith sppoint s receiver of ssid mwtgaged {xoperty all and sinyular, includ~ng all and singu~ar the income, profits, iuves snd revenues from wMtever wurce darived, each snd e~-ery of which, it lxing expreuly unders~ood, is hereby mortgaged ss if specifically xt fath ~nd deKribed in the praming a~d hnbend~m clauses hereof, aed such Reteiver shall 1?~ve sll the brosd snd effettive funct~ons and powers i~ anywiu entruated by ~ CouA to a R~~~. ~~+d s~ch sppointment shall be made by wch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, snd without fl~Hl~10! to the - adequscy o~ iewdeqwty of the value of the property mwtgaged or to the wlvency a insolvency of said AhORiGAGOR p the defendants, and that wch rents, profits, income, iuves and revenues shall be applied by such Receiver xcord~ng to the lien w equity of said MORTGAGEE and the practia of such Court. 8. To d~rly, promptly ~nd fully perform, dixharge, execute, effect, compkte, comply with snd abide by each a»d every tl+s stipulario~a„ sgreemenb, . cond'~tions ~nd covenants in said promiuay ~?ote and tlrn mortgage set fwth. 9. That in the event the ownenfiip of the mwtg~yed premises, a any part thereof, becomes vested in s person other thsn the MORTG/IGOR, ths l4SORTGAGEE, iti successon snd suigns, msy, without ratice to the MORTGAOR, deal with such successor a:uccessor in interest with'reference to ihis mat~pe ~nd the debt hereby setured in the same manner as with Nbrtgaga wilhout in anY way vitiatirg or dixharging the Mortgs~o~s' liabiliry Mra under a ~pon the debt hereby secured. No sale of the p~emises hereby mortgaged and no forbearance on the part of tMe MORTGAGEE or iri waessors or ~uigru and no extension of tF,e time fw the payment of tFx debt hcreby secu~ed qiven by the MORTGAGEf or in successon a assigru, sMll op~r+ro ~o rel~ue, dixhar9e, modiiy chsnge o~ affect tMe wiginal liability of the MORTGAGOR herein, either in whok w in part. - 10. It is specifically sgreed that time is of the essence of this contr~ct end that no waiver of any obligation hereunder a of tM obli~ation se- _ cvred h~~by shall at any time thercafier be held ro be a waiver of the terms FKreof or of the iostrument secured herby. ll In additron to the lorego:ng rnonthly payments of princ:pal and interest required by the promissory note secured hereby, mortgagorlypyawu~ts and s9rees tvpa mortgagee with each monthly payment an addi~ional sum es~imated by mortgagee to be equal to 1/12 of the a {•evsfoTthe follow- 'ng: A-All real property tax~s lavied or asses " the above described rest ~ B-Premiums on f"we and windstorm irnurance as herein r ' 'ed or+ the improveme~ts sitvate on the above de,su+bl1d~~~' ~K~e},.. C-Premivms on wch rtw?lgage gwrant e as mortgagee shall (rom time to ~ carry on tlx loan .~ecueiRl.t~e~`~ ' ~ • • ~~~~~p~ ~ Mortgsgee shall (rom ~me notify mortgagor in writing of the amount due and payabk hereuoder a ~ sRat~+ ~e ~rs M~d payable on the e of the next monthly paymeM and exh successive month thereafter ur.til mortgagee shall notify pw~t~ ~jr ayth ~ amount. sums shall be applied by mortgagee toward the payment of rea! property taxes, insura~ce prem:ums, and ~ l.- s - _ • K ~ ~ „ ' ~ ums. ' • •-Q: IN W E55 WHEREOF, the said MORTGAGOR hss hereuroo set his hand snd seal the day ar?d year firsf afaesbi~ • ~ ~ ~ t 1'=. t • 'C ~ ~ • ,ka de~ive.~a the aaence ot: WESTGLE ' : t ~T r'; FIIED AND REC~RDEE ~ ~ ud'`` ST. LUCIE CQUNTY. FL.~Cy' e - F~$ VERl=1~D ' • • , 1~~l~6 Attest• . •s''_ e _ _ _ Se etar . ~ q - - - - - = ~ r ~-i-r--3~++-- - - - - STATE OF FLORIDA COI~f~~F~R~ ~ 1 HEREBY CERTIFY, That on this 13th C~~t~CIRCUIT COURT~ MdrCh A.D. l9 69 . , before me personally appeared RobeY't E. Rose a~ Mary Rose ~ respectively P~esident and Seuetary of Westqlen Corporation ,a Florida ~ ~ ~ known to be the persons desuibed in and who exacuted the foregoing instrument, and severally admowfedged the ex~ ~ Ll~~ttti=~~ cution thereof to be their free att end deed as such offioers for the uses snd purposes therein m~d~iec~; tianc~~ihat M~ey . affixed thereto the official seal of said oorporatio~, and the said instrument ia the act and deid~,~d'F:,,~sid ~ ion. ~ .j ~`18R- ~ WITNESS my hand and official seal at Fort Pierce , said aouny end sta». d~' This instrument prepared by ' .'s, balLO~~~~, ~ lClLs~ ~C~ t~: . . Frst Federal Sav. b Loan Assn. Notery Public, in and for State ari~ ~¢du,n # of Fort Pierce My Commisiwn Expres: 'r~' ~ 8Y Thomas A. ~riscoll ~~~~,;;~r~ a~ 4. ~ -.2 3 - 7~ ~ ~-w p - ~-~r j ; ~ ~?6 P~~ .7?~ ~ ~ . . . ~ - . ~r_ ~ _ . . - . , .~~r~~..-- - ~