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Home My WebLink About2724 ~ , ~ r ~ t To plaa ~nd continuouily kNp on th~ buildinps now or hK~after ~ihqq on said land and on +11 equipm~et ~nd pehon+lty covtr~d by thl~ enat¢ ~pi, w~rh all p.emiums ~F?t~wn p~id in fult, fin insura,xt in tl+~ usw! stardard policy fom4 in a wm spprowd by Nw MORTGAGEE,- and wind~torm inswse~ in tM uswl st~~dard pol~ey fam, tn • w~n ~pprov~d by ~Mw MORTGAGEE, in wch eompa.:; a eompaeie~ u tM MORTGAGEE m~y d4~dt Md all An ~nd w'u+d~torm insur~nc~ policiq on any of s~id twitd~nps„ any InMr~tt therein w pa?t lMreof, In 1M a~yrep~l~ wm afon~+id a in ~xaa therwf. ~MI! caualn tha usval sf~ndud mort9s~+ claus~ a wch othu claus~ u ti» Morty~pN m+y requ'a~. maki~p tM los~ unde~ said po1F ; ci~s, +ad~ u?d ~wry. paYablR ro s~id MORTGAGEE a ih inte«st may app+a?. and e+ch and eve.y such poticy shall b~ promptty ~u:yncd u~d d~lir~nd to •ny MW by ~aid N10RiGAGEE ss f~nMt setvrity to said matpaQ~ dtbt, and, not I~ss 1Mn 1en (10) dayc i~ adva~~a oi tF» expirstion of ~x6 pol'rcy. to d~ IivN to said MORTGAGEE a ~enewal tMnof. topttha with a rec~ipt fa tM premiwn of tvch rer?ewalj ~nd Ihen shall bt no fi~s or windilorm (nwru+t~ plapd on ~y of aid buildinys, ~oy intertat tMr~in w put thereo(, v~ku in Mw form and with ~M loss payabte u afortiaidt u~d in tM sv~nt any iwn of rrwr~ty becomes payabl~ vnde~ s~ch pol'ity or polici~s said MORTGACsEE ihall F~aw th~ option 1o receiw rnd ~pply the s+me oa ~ccount of tF~ ind~bted~ nys s~cvnd Mreby or W pxmif s+id MORTGAGORS ro npiv~ u?d uu it p ~ny paH tF?e~tof fw other purpoies, without the.eb~ waivi~~ o~ unpa;r- inp any puity, IiM a ri9ht uoder w by virtw of this mort9~; ~nd In 1M ~ven1 said AAORTGAGpRS shal) fa any .easo~ isil to keep ~he a~d prem~ses a {nsur~d, u fail b d~live? promptly u~y Of said policies of imwanc~ ro said MORTGIIGEE, or fail promptly to pay fully any premium therofw o~ fa any r~ip~et fail q pNfw~n, discharpe, txecute, ~ff~tt, tompltt~, comply with aod ~bid~ by this cove~ant, a any pa» hereof, said MORTGAGEE may pl~p ar+d paY fw wch iraurana a~ny part 11»reof withouf waivinp a~ffectirg any opYwn, li~n. aquity, or ripht un<k. a by virtu~ of this Mw~~+p~. ~ad the full aaww?t of each ~nd ~wry such paym~nt sh~ll t» immediatey dw u~d pay~bl~ a~d sha11 bear tnterest from the dah thereof u.ui! paid ~t t!k ra» ol nirw p~t pntum psr annum and to~ethsr with uxh 1~~c?est shall be secured by ths li~n of this mortq~pe. 4. To p~rmit, caevait a wffa no wut~ knpa'vment w deterioation of s~id prciperty w any p~h tF~reof. S. To piy all ~nd siegula tM coab, ch~r~s ~nd expanse~, includinp s ~eason~ble ~ttorney's fee u+d cosn of abstrscts of title, LKUrred w paid at •ny tims by ~id MORTGAGEE, becsuse w io the ewnt of tM failuro on the p~N of tt» s~id MOitTGAGOR to duly, prompNy and fvlly pe?fo?m, d~schuQ~ execut~. ~ff~ct, oompkt~. oomply w~rh a~+d tblde by ~ad~ u~d every tha stipulatiau, +preemenn, tonditioru, and coven~nb of said promissory note ~nd thw matyase any or eid~. and said cwts, chuq~s and ~xpx?ses, e~ch ~nd every, shall be immedi~tely dw ~nd payable: whNher o? not tF~e be notice dr mand, ~tttmpl to collect or wit pending; and the fuN anwunt of each and every wch psyment shall bear interest from 1he dat~ thereof u~til paid ~f th~ rate of nine per centum per arn~um; and all ~aid costs, cMrqes and azpenses incv~red or paid, together w~th such inter~~t, sh+ll be secwed by tM lien of tiw mat9ape. f 6. That (a) in the ~vent of ~ny bresch of this Mortyspe w defavlt on the part of fhe MORTGAGOR, a(b) in ths event any of s~id sums of monsy herein refened to be not promptly and fvlly p~id within thirty (3d) days next after the same tevaally become due and payable, withovt dema~d w notic~. or in the evenl each and every the stipulations, agreemenn, tw+ditans and covtn~nts of said promiuory note and this mortgs~e any a either aro nd iufy. promptty and lully performed, drscharged, executed, effected, compkted, compl~ed with ~nd ab~ded by. ~hen in sither or ~ny such event the taid ap~ yregste wm meManed in said promissory rate the~ remsining unp~id. with iMeresl accrued, and all moneys secured hereby. shaU become dw s~d p~y~ able forthwith, w ~hereaiter, ~t 1he opt~ of said MORtGAGEE, as fvlly ~nd complerely as ii al! of the sa~d wms of maiey were ag~r+slly ~tipulated to tu pa~d on suth day, anythinq in said promiuory note w i~ tha Mwtga9e to the contrary notwithstand'eng; and thereupor~ or tFxreaiter at tM option of uid MORTGAGEE, without notics w demand, wit at law or in equity, therefwe w thereafter begun, may be p~oxcuted as if all naneys secvred hereby had matuted ~wr to if~ i~stitution. 7. ihat in ths event thst at the beginniny of or at any tims peoding any wit upo~ fhis Mo.tgage, or to forecloss it, w to reform it, or to enforp payment of ~ny claims hereunder, said MORTGAGEE shall apply to the Court hsving jurisd~dion thereof fw the sppointment of ~ Receiver, such Gourt shall forthwith appoint a receiver of said mortgaged property all snd sinpular, includmg aIl and singvlar the ir+come, profit~, iuves and revenues from wMtevc? sourte derived, eath ~nd every of wh~ch, it beirg expressly ~nderstood, is hereby rtwrtgaged as if apeutitally set fpth and destri6ed in the granting and habendum clavses hereof, snd such Receiver shsll have all ti+e txoad and effective Funct~ons aod powcri Fn snywise enuwted by ~ Court to a Receiver, and wch appointment shall bc made by wch Co~rt as an admitted equity and a matter of absol~te right to said MORTGAGEE, and without reference to ti+~ sdequscy a inadequacy of the wlue of the property mortysged w to the solvency or insolv~ncy of said MORiGAGOR w Ihe defendants, and rhat sucA renn, profin, income, issues and rerenues sAa!! be applied by sucb Receiver according to the ~ien w equiq of said MORTGAGEE and the practiu of such Court. - 8. To dvly, promptly and fully perform, dixharge, execvte, effect, complete, comply with and abide by each and everyr tl?e stiputations, agresmenb, caxJil'am and covenants in said promissory nore and this mortgage set fwth. 9. That in the event the owne.ship of ths mortgsped p.emises, o. any part thcreof, becomes vested in ~ penon other than the MORTGAGOR, tM MORTGAGEE, in successws and suigns, msy, wifhOUf notite to fhe MORTGAOR, deal with s~ch successw o? suttessw in iMerest with refetence to this mortg~ge ~nd the debt he~eby secured in the same manner ss with Morfgagor without in any way vitisting or dixharging the Mortgagors' liibility hers- under or upon the debt hereby secured. No s~k of the premises hcreby mortgaged a~+d no forbearance o~ the part of the MORiGAGEE a iri succeuors or suig~n and no ex~ension of the time for the payment of the debt hereby secured 9iven, by the MORTGAGE~ or its svcceswrs or ass~gns, shall opaat~ to rekase, d~schar9e, modify change w affect the origin~l liab~lity of the MORTGAGOR herein, either in whok or in psrt. 10. It is spetifitally agreed that time is of the essence of this contratt and that ~o waive? of any obligation hereunder o? of ths obliyation se- cvred hereby shall at any time thereafter be heW to be a w~iver of the terms hereof w of the initrument secured hcrby. 1 In addmon to the forego:ng monthly payments of princ:pal and interest required by the promisswy note secured hereb mort ertd agrees to mortgagce with eacl~ monthly payment an addirional sum estima~ed b mort eQ / y~ 9agot covMS y y gsgee to be ual to 1 12 of the annual cost of t (~iv- ing: A-All real property taxes levied or asses ' t the above desc?ibed real estate_ B-Premiums on fi?e and windstorm insurance as herein requ~ ~ on the imp~ovements situate on tF~e above described prertiises, G-Premiums on such mortgage gusranty i mwtgagee shall from time i~gem fit to carry on the loan secured hereby, Mwtgagee shall from ti notify mortgagor in writing c~f the amouM due and payabk hereDtode~a such sum shall thereupw~ be due and payaWe on the d the next monthly payment a~d each wccessive month thereaiter ur,til mortgagee shaN not~ or of a change in such amovnt. ums shall be applied by mortgagee toward the paymcnt of real property taxes, insurarxe prem:wns, snd mortgage gilar ' ur~nce pr . - IN WITNESS WHEREOF, the s~id MORtGaGOR has hereunto se~ his hand and seal the day an year fint afwessid. S~ne aled and eliver Fn h prpence of: • - ~ da'f/fl n-~n r~,q ~:4 ~ STATE OF FIORIDA 1 ; courm oF - St. Lucie ' ~f«e ~~,iiy Lorraine p. Normand, A cVidow, formerly Lorraine A. Stillwell ~ i~i~inrifw to me well known ~nd known to me to b~ ~ the individvali descr;bed in and who sxecuted the faeyoinq instrwnent, and ~cknowtedged 6efwe me thst ~N~e Sl]e t~~t~ the same for the purpos~s therei~ e~essed. M~d ~M~e-Nid wih~d -fl~rs~~ rpYw a a~araf~. atMl~riwl! ex~nrinr~iarb~~+e-M~e~r sepaa~~nd ~pwt-(row+-fwra~idfisab~nd,~~~? ~-b~i~-e~-ths~ ~M ~wew~sd ~s~ii iwN~~w~sfWrh~.+~~vokrw~ r~rif~ tnd-witho~ seq•-eon~pobiar, tonstninr sppnlKwwewr~iftr ef er-fian-I~id ~+vsMwei. WITNESS my h~nd ~nd official ~eal t~ day ef A Z11 D. 14~_ ~ No a~coaoE - : ! F1LE0 A ~ . ~ L~! C 1E C ~ ' Nort~ry Public in ~nd for tM StaM -of Florij?.af -~C ' c ^ r, - ~ ` ' _ ~ My Ca~rr?;ss~on ~~res: /,2 3 s~~:"~ Rltum To: ' - ~ ,j~.`~- .a ~ fint fderal Savinys i loan /litotiation 1M~~~. 110TARY ~Y~UI..' ~~TE ~~~T'~ • Of Fort P~crce. ~ . Mr COMMIS51pN Exr~RES DEC. ''.~-19Q~~ ~ fort P'ee.ca Florida ~ U J ~1,4~!~ Z I ~ lOwDtD ~ MeQUiN F a i o~v. o ~ ~'s T~~ M o ~f1~ ~ F ~ .~'tc .~~t. C ~i? : I~R~S This (nstrument Prepared 8y C~ ~{~K ~~RCU17 COURT ~ First Federal Savings b loan Association ~ of Fort Pierce Chedced By rl - ~'eZlin~ a~176 ~2?2'1 J ~~S-~ - ~~s _ ~ ~ .,:u-,.~ _