The URL can be used to link to this page

Home My WebLink About2720 . ; . ; ~ To plaw ~nd conHnvously k~p on tM buildinps now a Mr~~ftM ~itua» on aaW lMd and on ~ii puipm~nt ~nd p~rwnaUy tovN~d by lhis matq~ { sge, with _ail pr~miw~t therwn paid in fvU, fin ins~~anc~ io tM vswl stand~rd policy fo~m, in ~ sum ~pprowd by th~ MORTGAGEE, ~nd windstorm ' tnsuru~c~ in th~ uswl i~ar?d~rd policy fam, in ~ sum approwd by tM MORTGAGEE. in wch compu+y or compa~i~s as th~ MORTGAGEE msy ; directt ~nd all fin u~d windstorm ini~ra~a polkie~ on +~y of NIfJ tlVlldi~~ My I~IfffNt fF~NfI1~ 01 p7? IM!lOI, ie tM apprey~t~ t~m afows~id or i ~n ~xons thrnof, tMll contaln th~ uswl st~ndard morty~ claus~ a such other cl~vw u tM Mo~tpa~e~ may ~pu~n. mdinp tM lou under aid polG cies, each at?d every. payabl~ ro s~id N10RTGAGfE as in intaest rtNy ~pp~ar, and each and every tvth policy sMit b~ promptiy au:yntd and d~tivs~td to ~ •ny Mid by said MORTGAGEE ~s furti?er security fo aid mortqap~ debt, and, not I~u th~n ~en (10) days i~ ~dvanc~ o( the txpi~~tion of each polity, to dr ~ Ilver to aid MORTGAGEE • rtnewal IM?wf. 1oy~thtr with • receipt for 1M p?emium of wch renewal; and then sMll b~ ~+o fire a wind~twm inwru?te plapd on ~ny of taid b~?ildirgs. ~ny interest ther~in a p~n tMnof, unteu in th~ fum end with fhe loas payable +s ~t«es+idt +nd in tM ~vent sny sum • of nwn~y becorr~ payabl~ und~r s~ch polky w polici~s s+id MORTGACaEE shall Mw tM op~ion to ~eceive snd apply ~M sarrM on sccount of tM tndebted~ ~ ~eu secvnd hKeby q to permit ~aid MORTGAGORS to receiw and ~M it or any part the~eof fw other purposes, withouf thereb~ waivi~~ pi ~mpai~• ` ing u?y equity, li~n ar righi undK or by virtw of tF~s mortQa~eJ N+d in tM ~vsnt sa~d MORTGAGORS shsll fa sny reason fail to keep the sa~d premises w ~ insured, a f~ll to dsliv~r promptly ~ny of said polKies of inwranc~ to said MORTGAGEE, or fail promptly to pay fully sny premium therefor or in any respeet fail ro paforrty dischar~, execut~, ~ff~d, complet~, oomply with and abide by thy mvenant, a sny pan heraof, said MORTGAGEE may plap and ~ pay for ~„ch kiw.ar~u w u?y put th~rwf without w+ivinp a ~fi~ctinp any opt~oe, lieo, ~quity, a rcyht under o~ by virtu~ of thti Matpay~, and tM ~ full amount of tach and ~vKy wd~ paynlsnt sh+ll be imm~diat~ly dw ano ~yable snd shatl bear inferest irom ths date thereof u~til paid at tM rat~ ol ~ n~ne pa csnt~m p~r anrwm and toperhsr with auch lnte:es! shall be secured by the liee~ of this mut9age. j 4. To permit, oomrnit a wffer ~o wut~, Mnpaineent or detKaration of said p+opKty o? any psA thereof. ~ ; 5. To pay all snd sinpul~? the cosn, ch~?qes and ~:pens~s. includinp ~ r~asoMble ~ttorney's fes ~nd wstt of abstacn of title, incurr~d or p~id ~t any t~me by iaid MORiGAGEE, betwse or in tM ~v~nt of tM iailure on the pan of tM said N~ORTGAGOR ro dvly, promprly and f~lly perform, dixhargR execut~. effsct, complet~, compy with and ab;de by ~ach ud ~vary the.stip~latiau, ayreemenb, conditio~s, and mvenann of taid promissory note and thy mortg~qe +riy or eitMr, and said costs, ch~r~s ~nd eapensa. sach ~r+d svery, sF?~II M immediately dwe and payable: wlxthc~ or not there be notice ds~ mand, ~ttempt to celkct or wit p~nd~r?gt +~d tM full a~~w~nt of each and wery wcb paymenf shall bear ioterest f~om ~he date thereof until paid ~t the ,ate o! nine pe? centum per annum; and all ~aid cost~, chupes and expensas i~currtd or paid. togather w~~h such inter~st. shall b~ secwed by tha lien of this , mortyap~. 6. That (a) in tM event of ~ny breach of this 1Nortpap~ or defsut~ on the part of the MORTGAGOR, or (b) in the event any of ~sid sums of rtan~y ~ herein referred Io be not promptly ~nd fully paid within thiry (30) days next afta Ihe same severally become due and payable, without demand w notite, i or (c) in the event esch and every the stipulations, agra~mentt, conditions ~nd covenants of sa~d promissory oote and th~s mortQage any a either are not j i~ly, promptiy and fuliy pe~formed, d~uha?~ed, execvt~d, ~ffected, completad, compl~l with and abided by, then in e~ther a any such ewnt the said ~ gregate wm mentioned in said promissory r.ate then rem~ininp unpaid, with interest accrued, and all moneys secured hereby, shatl become dw u+d p~y- abie fathwith, a theresfte~, at the option of said MORTGAGEE. as Fully and completely as if sU of the said sums of money were wiginatly stiptrlated to be paid on such day, anything in said promiuay ~ote a G? this Mortgage to the conusry notwi~hstanding; and thereupon a thcreafter at the op~ion of said MORTGAGEE, without notice w demand, suit N law or in puity, tFKrefor~ or thereaftN begvn, may be prosecuted as if al) awneys settirred hereby had matwed ptior to its i~ufitution. 7. That Fn tbs evcnt tAat ~t the beginniny of w at ~ny time pe~ding sny wit upon this Mortgsge, a to foreclose it, or to refam it, or to enfwa payment of ~ny daims hereunder, said MORTGAGEE shsll +pply to the Court having jwisd~ciw~ ~hereoi fw th~ appo~otment of e Receiver, wch Court shall - forthwitb appoint a receiver of said mortgaged ptoperty all and singular, includ~ng all and singular the income, p?ofits, iuua and revcnues from whatever wurce derived, eath and every of which, it bcinp expreuly ~nderstood, is F+Heby morlgaged as if sp~tifiw8y ~iR•fo~th and desuibed io the graminp and habendwn dauses Ixreof, and svch Receiver shatt FNVe sll the brosd and effecrive funct~ons and po~wers In snywise entrapted by a Court to a Rece'rver, and such sppointmenf sl~all be msde by such Court as an admitted equity and a matter of absolute right, to said MORTGAGEE, a~d without refermce Io the adequacy a inadequacy of thb valw of the property mwfgsged o? to the solvency w insolvency of said MORiGAGOR or the defendants, and tbat svch rents, profits, income, issves ~nd revenues ahall be applied by suci~ Receiver according to the lien or equity of wid MORTGACsEE and the prattite of such Co~rA. ' 8. To dvly, promptly and fully perform, discharge, execute, effed. complete, comply with and abide by each and every tl~s stipulations, agreemenb, conditions and coven+nts io said promiuory note and this mortgage set fath. 9. That in the event the ownership of the mortgayed premises, or any part thereof, liecanes vested in s penon other ths~ the MORTGAGOR, tM MORTGAGEE, its successas and auigns, msy, without notice to the MORTGAOR, deal with such sucoruor or succeuw i~ imeres~ with reference to this mortgage and the debt hereby setured in the same manner ss with Mortgagw withovt in any way vitiafing or diulurg'u?g the Mortgagors' liability hera under w upon the debt hereby secured. No sale of the premises F?ereby mortgaged and no fwbea~ante on ihe part of the INORTGAGEE w its succeuws or assig~u and no extension of the time iw the payment of the debt hereby setured given by the MORTGAGEE or its wccessors or auigns, shal! operat~ to release, discharge, modify dwnge a etfect the aiginal liability of the MORTGAGOR herein, tither i~ whole a in part. 10. It is spec7fically agreed that time is of the essence of this contract and that no waiver of any obligation herew~der or of ths oblipatwn sr cured hereby shall at any Yime thereafter be held ro be a waiver of the terms hereof w of the instrument secured herby. 1. In addition to the forego:ng monthly payments of princ:pa( and interest required by the prom~uory nore secvred he~eby, mortgagor co ~wts and agrees o mongagee with each monthly payment an addiianal sum estimated by mongagee to be eqval fo 1/12 of the annual e follow- ing: A-All real property taxes kvied w a the above described real estate. B-Premiums on iire and windstorm insurance as herein requ~r ried ~mproveme~ts sitwte on the above desuibed prem'~ses. C-Premiums ort such mortgage g~aranty insurance as mort rom t~me fit to carry on the loan secured hereby. Mwtgagee shall from time to time noti r i~ writing of the amount due and paysble r and sucfi sum shall thereupon be due and payabk on the due date of t ty payment and each s~ccessive month thereafier ur,ti! mortgagee s~ ' mortgagw of a change in such amoun?. Such applied by mortgagee toward the payment of real property taxes, ins~nnce {xem:ums, sn e gvaranty insurance IN WITNESS WHEREOF, the said MORT6AGOR has hereu~to set his hand snd zeal the day and yesr first afwesaid. E Siyned, Sealed and delivrred in the presence of: ~ _ ~ ~ - ~ • , ~Sealj rc.~q TATE OP FLORlDA ~ COUNTYOF $t.- I.LICl@ ~ Befwe me personalty eppeared Z~11~.1.aD1 Beetle _ ' Marie Beetle his wife, to me well known and krawp to me to be rhe individwls described in ~nd who exec~ted tFa fuegoin~ instrvment, and acknowledged before me that they executed the same..fpr .ths purpwes rr,~«~, e~.~d. n~a Marie Beetle ~it wife of tM .~~a William B. Beetle ife i+d pr+vat~ + exarinatan by me take~ separate and apsrt from hei ssid husband, sduwwledged ro and before me that she executed said ,iraa'~~est~l ind volun- tarily and witho~rt any compubion, cautraint, ~ppreF~ens;on, or feu of or from her said husband. ~ WITNESS my hand snd official seal this ~ 9'~ dsy of A ril ~ - ~ - ~ ~ . FILED AND RECOROED ~'1Otary Vublic i~ ~~?d fw ~he s»te ot.~or~da ~t~rpq•• ~ ST, lUC1E COUNTY FLA. My c°`"'""ian exP~res: /s ~ j_ ~jj ~ Retvm Ta. ~j'~~+c~cD ,~~ppY pUBLIC, =TAIt OF fLON10A AT ~ol~~ Fint Fedeal Savings d~ loan /usociat~on ~~w~~.La7 MY COMMISSION EXPIRES DEC. 3. 1971 . OF FOfT Pitftl. lONDED 1MR0{14M FRED ri, DIES?CLMOAi~ Fort Pi~rce, Florida ~ . '69 aPR Z( A~~ ( I: 2 I ~ 4 This Instrument Prepared By ~Ou~~ ~-O?7RAS First Federal Savings b loan Associatio~~FRK CIRCUIT COURT of Fort Pierce Chedced By .L ~'ollir~s 8o~i76 ~27~? ~ ~r ~ °x,.~ s~"~ . .