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Home My WebLink About2716 . t To ptace ~nd ca+tinuovsly ke~p on tM buildinps ~w~w a MreafiK Wtuat~ on ~sid land and on all puipmMnt ~nd p~r~onaily tovsnd by thi~ rnott¢ f with ~II pr~mi~m~ ~herwn paid io fu:4 fin iniur~nce in th~ u~wl s~ardud policy fonn, in • tum approwd by tM MORTGAGEE, ~nd wi~dttorm ~ ;nsw~nc~ in th~ ~rswl atandard policy fam, tn a wm ~pprowd by tht MORTGAGEE, io wch comp~++y or compaoies as tM MORTGAGEE nwy dir~ctt ~nd ~II fin ae+d windsro~m in~uraew~ polici~s on ~y of taid buildirqs, ~ny inttnsl fher~in w parf tl~traof, in tM agprepar~ wm afa~safd w in ~zass fhe~wi, ~hall contain th~ uswl sfandard mortpa~ cl~~ a~ such olha claus~ a tM Matpa~ may ~equir~. makinp the los~ und~r uid po1F { cies, each ud ~wry. paYabl~ a said MORTGAGEE +s it~ intKest maY s~pw. ~nd each u~d ~very avch policy ~hall b~ promptiy au~qned ~nd delivered to 3 ~~y MW by said MORiGAGEE ~s furt!?K security to s~id mortya~ d~bf, and, twt leu than ten (10) days i~ adv~nce of tl+e expir~tion of each polity. to dr ~ liv~r to ~aid. MORTGAGEE ~ renewsl ther~of, topNhK with a nceipt iw th~ premiven o~ tuth r~newal; ~~d tMn shall be no fir~ or windstam Insur~nc~ ~ plspd an ae~y of said b~ildinps, any interest Nar~i~+ or pu~ tFwwf, vnleu In tl+~ torm and with th~ loss payable aa afaesaldj and in the ~vsnt any ~un+ oF morNy becoma payabt~ und~? wct? policy or policies said MORTGAGEE shall Mv~ the option to ~eceive and ~pply ths s+n+~ on ~ccouro of the ind~bted~ ~ neu s~cur~d hKepy w lo permit wid MORTGAGORS ro rtuiw and us~ it w sny part tl+ereof fa othcr purposes, without thereb/ waiviny or impair- inp any puity, lir? or riqM ~nder ar by virtus of th& mort~ay~j and in th~ w~+?t se;d MORTGAGORS ihall for any reasoe? f~il to keep tM said pnmises so insured, w' fall W dtliver promptly ~ny of said policies of irnwanct to taid MORTGAGEE, w fail promptly to pay fulty any premium therefw a in ~ny - respect f~il b pafwin, dixhar9e, eaecute, ~ff~ct, complete, comply with and abide by this oovenant, w any pi~~ Aaeof, satd MORTGAGEE may pl~ce and ! pay for such inwrancr or any part tAereof without w~ivirg or ~ff~ctinp u?y optio~, lieo, equity, a ~i9ht under or by vinw of thii Mwtys~, ~~+d tAt ~ full amo~nt of ~ach u+d ~wry sixh payrtwnt sMll b~ imn+edi~t~ly dw aod payabte and shall bear interest from 1h~ date the~eof until pa+d ~t tM ~aN ol nine pe? centum per arvwm and togethe~ with suth inte~est sha!! be secured by 1M li~n of this mortq+pe. To p~rmit, oommit or wtfe~ no wast~, {mp~'ument or deteriotation o; aid properry a~ ~ny psrt thereof. ~ S. To pay all ae~d sinpulu the costs, charQes ar+d txpK?ses, includinp s re~sonabie +tto~ney i fee and costs of abst~ads of title, ir~cuned w p~id at ~ any time by ssid AhORTGAGEE, bacause w in tl+e ~wm of 1M fail~re on the pan of tM ssid MORTGAGOR to duty, promp~ty ~nd fully parfam, dischss~ exocut~. eifect. comptet~, comply with and abtde by exh and every tl~s stipulations, agreements, conditiona, and covenants of said promissory note and ti,is i mo?tyape any a eitha, and said costs, charqes and ~zpansa, each ~nd every. sh~~l be immediately due and p~yabfe: whether or no~ the?~ be i+ofice de~ mar+d, attcmpt to colkct or wit pending; ~nd ths full amount of each a~+d wery sucb payme+?f shsll bear interest from the dale thereof until p~id at the € rate o! nine per centum pe~ uuwm; and all said cosri, ch~r~s and expe~ses intwred w paid, together with wch interest, shall b~ secured by the lien of thit i "w?t9+~• i 6. That in the ewnt of any b~each of tha Mortya~ o? defwtt on the part of ~he MORiGAGQR, a(b) in fhs event iny of sa~d sums of money ~ herein referred to be not pranptly snd fuliy paid within thirty (3p) days next after the same severally become due ~nd payabb, withoul demand p notics, ~ or (c) i~ the evem each ~nd every the stipulations;' ~greemenq, condiYro~s and coveoa~ts of sa~d promiswry nota and th~s mort9a~e sny w either are no1 iuly, promptty and fulty periwmed, d~scharged, execvted. effected. campleted, complled with and abided ~ay, then in ei~her w any such event 1M said ag gregate wm meniwned ie ~aid promiuory note the~ remaining unpaid, with imereat xuued, and a11 moneys secv~ed hereby, shall become dw ~nd p~y~ able fwthwilh. or theresftes, at the opteon of said MORTGAGEE, as fully and completely as if all of ti~e wid wms of money vrere origi~ally uipulated ro be pa;d on s~xA day, anything in u~ wom~ssory note or in this Mortgage to the contrary norwi~hstanding; and thereupon or thereafter st tM option of :e~d MORTGAGEE, w~fhout ootKe a demand, suit at law o? in equity~ tlltftfOfQ Of 1F1f:fNNK begun, may be proxcuted as if all maays secured hereby ' had matured prlw ro its insti~ution. ~ That in the event that at the begir?niny of or ~t ~ny time pending ~ny wit upon th~a Mortgage, or to foreclose it, or to refwm it, or to ee?fwp ~ payment of any cla~ms he?evnder, said MORTGAGEE sh~ll apply to the Court having jurisdiction thereof for the appoimmenl of ~ Reteive?, svch touN sMll i forthwith appoinf a receiver of said mortgaged properiy a!I and si ular, irxlud~ all and si ~ rg +~g ngular the income, profits, issues snd revenues from whatever source derived, each and every of which, it beinp expressly understood, is hereby mwtgaged as if spetifically se1 forth and desuibed in the yr~nting and habend~m dauses hereof, snd wch Receiver shall have all the b?wd and efiective funct~o~s and powers in anywise entrusted by a Court to a Receivtr, and such appointment shall be made by such Cou~t as an admitted equity and a matter of absolute right to said MORTGAGEE, u~d without referente ro ths adequacy or ioadeqvacy oE the value of ri.,: property mortga9ed or fo the sorvency or insolvency of said MORTGAGOR w the defendann, and that svch renrs, pro(in, income, iuues and revenues shal! be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the pratlice of such Court. 8. To duly, promQtly ~nd fvlly parfwm, d'ixM~ga, execute, effecl, complete, comply with and abide by esch and every the stipulations, ag~eemenfs, conditwns u?d covenants in said promissory note and tha mortgage set forth. ~ 9. That in the event rhe ownenhip of the mo~tQaged premises, w any part thereof, becomes veste~ in a~ei~on other than the MORTGAGOR, ths MORTGAGEE, its successors and auig~, may, without notice to the MORTGAOR, deal with such successor a successw in interest` with referente to fhis mortgage and the debf hereby secured in the same manner as wifh Mortgagw without in any way viti~ting a deuharging tF~ Mortgagors' (iability hera under w upon the debr hereby secured_ No ssle of the premises hereby mortgaged and oo fwbearance on the part of the MORTGAGEE or its successon or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE£ w its s~cteuors or assigns, shall opsrate to retease, dischsrge, modify change or affett the wigina) lisbility of the MORTGAGOR herein, eithe? in whole or io parf. ' 10- h is specificapy ag?eed that time is of tF?e euence of this contrad and that no wsiver of any obligation hereunder p of the obligaYan se- cv:ed hereby shall st any time thereaher be held to be a waiver of the terms hcreof or of t!x instrumeM secured F?erby. ~ n add~tia~ to the fwego:ng mo~thly payments of princ:pal ~and interest reqvired by the promissory nore secured hereby, morrgagor co ~ and agree: to p a ee witA each monfhly payment an add;rional sum estimated by mortgagee to be equal to 1 o t fol{ow- ing: A-All real property taxes kvied or assessed agai~st scr' estate. B-Premiums on fire and windstorm insurance as herei to be car improvemerts situatt ort ihe sbove desuibed premises. C-Premiums on such mortgage guaran nce ss mortgsgee shall from time to time ' r on the (oan secured hereby. : Mortgagee shall from t; notify mortgagw in writing of the amount due and psyabk hereunder and s II the~eupon be due and ~ payable on tAe due t e next monthly payment and each successive month thereafter urtil mortgagee shalt notify mortgagor o in s~ch amounf. shall be applied by mortgager toward the payment of real property taxes, insurance premiums, and morigage guaranly inw pr . IN WITNESS WH:REOF, the said MORTGAGOR has hereunto set his hand and seal the day and fiat aforesaid. Signe~ Sealed and delivered in the p?eaente of: ~ ~ ~ aq m-=-b~A~L~'~ / +4 aq S7ATE OF FtORIDA ~ courm oF _ St. Lucie sefor. n,. peaw,.t~y,pp.ared Claude M. Clark ~ Hazel M. Clark his wifc, to me well known and known to me to b~ rhe indiridwls deuribed in and who executed the foreyarg instrument, anc! acknowledped before me that they executed the same for the purposa rn~«M •xp.~d. ~u,d ,~,..~;a Hazel Pt. Clark w~r~ of r?» ~~d • ~~ark Claude M upon a separate ~nd iv~t~ examt~ation by me ts4en sepa~ate and spsrt from her said husband, adcrawledged to and befo~s me that she execvted s~id instrumeM freely ~'lrolun~ i rarily and witho~t ~ny compuban, cautraint, apprehension~~ fea of or from her ~aid husb~nd. WITNESS my Mnd ~nd official s~al this day of A,.-D. 19~_ ~ 7 i ~ ~ ~ . ~r~.~.~s~,/ ~r~ , ~ Nwary Public in ~nd fw th~ Stat~ of F{orida `p tarp~ ~ aen?~~ To: Fll•EO AND R~CORDEO y to~~+ss,on ~~es. ~ F~..r F.a~.,i s,~~~, a~~ ST. LUCIE COUNTY F~ ~•~Mt r~uvC. tt~~~ uf t~ur~rA ~3 1~`' ~ - Of Fat P;erce. - ^ t~ c- - ~ ~1Y COMMISS~ON EXPIRES DC{• ~ - ! Fort Pierce. florida WMDCO 7MS01NM reco w. a~esT[t110R(~ ,C . 1'~'~~3 ~ ~ - . . . ~ '69 APR 2 t ~L'~ I I : 2 I - . ~,..r : _ . . This Instrument Prepared By ~ First Federal Savings d. loan Association of Fort Pierce ~ OI~'r~:.S CL~RK C~RCUlT COURT ~ Chedced By _7_~ha s ta i n - ~ ~~17~ ~2?13 ~ f 1~ l' c f _ _ - ~ _-~.~~;,;;~,~,~3 ~ ~ r