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Home My WebLink About1021 ~ ~ ~ • ~ ~ ~ To plac~ and ca,rimw.isy kHp on th~ buitdinps now w Mreah~? sit~~» on aid land and on ~I! eqvipn~+?t u~d pKSOnafly covK~d by th4 map~ p~, with all premiunu therwn pa~d in fv14 fir~ fesu~a~u in tFr vwd iqndard policy form. In a ium ap~rowd by IM MORTGAGEE. and wind~torn~ 1nw?a~n in tM uswl s~~ndard pol~cy form, in • iwn ~pprov~d by tM MORiGAGEE. in urch company a compar?i~s as tl?~ MORTGAGEE en~y ditKfj ~nd aU fin and windiwrm inswanoe polic~ on any of said build~nqs, any teter~s~ tM~ein w pa~t tl~wf, ~ tlw apyrsrat~ swn ~faaaW a tn ~xcess tAcrco/, shall conrain tlw vswl ~randa~d n?at~ap» ciau~ or svch ott~ daus~ a ~he Mo~19ag~e may rpv4-~. m~kinp tM loss u~ taid po14 cies. eacA u~d tvery. paYabl~ ro iaid MORTGAGEE a ils intereil may ~ppea~, and each and ewry t~ch policy sh~ll b~ p?ompHy ass:9ned and dtlivt~d fo ~ny Mid by said MORiGAGEE as fwiher security to ~aid mwt~ag~ dabt, and, na lesa tMn ten p0) days In ~dvance oi the txpiratan of each policy. to dr tivtr to i+id MORTGAGEE a rMewal therwf, topethN with a receipt fw tM premivm of wch renRwal; and then sMll 6e no f'ue or windstam incw~ec~ pl~pd on aey of said buildings, any i~lerat ther~ir~ w p+rl tF~e~aof, unlcss tn tM form ~nd with tM tosa payable u atoresaidt a?~d tn the tveM aMr suen of moeKy becprnet payable vnder such polky a politi~s said MORTGAGEE sh~~l 1»w ths option ro receive and apply tM sanw oe~ accov~t of the ind~bted~ ness secw~d Mreby u to permit said MORTGAGORS ro receiw u~d us~ it p any part Ihe~eof ior ofi?er purpoies, wilhout Ihareb,~ waivi~ig w imp~i~- +np any puity, lien w ri9h1 under or by virtw of this mortysy~; end tn tM ~vent ~a~d MOftTGAGORS shall fw sny reawn fail to keep tM wid pr~misa so inwred, a tail ro dslive. promptty any of said polKles of inswante to uid MORTGAGEE, or fsil prompty to pay fulty any premwm tF?erefo~ a i~+ ~ny reipect fail w pKiam, dischu9e, executc, effect, comptete, cornply with u~d ~bide by thq covenant, a~ny part ?wreof, said MORTGAGEE m+y plap ind pay Mr ~uch tnswancr o? any pa~t thereot withprt waivirg or ~ffactin~ ~ey option, li~n, equity, a right under a by virtw of this Mwt~a9s, ~nd tM full amounl of ~ach and every such p~ymtnt shall b immediately dw and payable ~nd shall bear interest from 1M datR thcreof ~ntil p~id at tM raf~ oi nine par caNum par annum and to~ether with such irltereaf thaN be secured by tM lien o1 this mortgsgs. ~ To permit, commit or suffa no waste, Jmpai~ment a dete~ioration of said propetty ot ~ny put thereof. S. To pay a!1 and sing~lar the costs, charpes and expenxs, includirg a reasonabk attwney's fcs and costs of abstrads of title, iocwred o~ paid ~t any twa by said MORTGAG~E, becaux w i~ the tvent of the failure .m the pa~t of tFK iaid MORTGAGOR to duly, promptly u~d futly pKfotm, d~schary~ execvt~. effed. compkt~, comply w~th and ab~de by tach and every the stipula~~ons igreementt, condilions ar?d rnvenanq of said promissory note and this mortp~ ~~y o~ either, a~d ta~d costs, charges and ezpe~ses, eacA and every, shsll be immedistely due and payable; whether or not there b~ e+otioe d~ mand, an~mpt to coIIM a suit pe~d~ng; u~d tM ful) amouM of each ~nd every such paymenr shall bear intereat from ths dafs thereof untll p~id at Iht rate of nine pe~ ctntum per aruium; a~d all said costs, chuges and expe~ses incwrod or paid, together w~th suth interett, shall be setu~ed by tl?~ lien of tlw moriy~. 6. Th~t in the tvent of any breach of this Mortgage or default on the part of the MORiGAGOR, or (b) io the evenf ~ny of said sumt of money herein referred to be not piomptly and fully paid within 1hlrty (3U) days next afte? the same severally becorn~ due +nd payable, without demand or notice, or (c) in tM event each ~nd every tM stipulations, agr~ements, conditions +nd covenants of sa~d promissory note aod this mortpa9e any or eiiher are nol ~uly. promptly u~d fvliy performed, d~xharged. exec~ttd, effecred. complered, complrcd w;th and abidrd ~iy, thsn in eithx a any such ~wM tFN said ag - gregate sum mentioned in said promisswy note 1hen~remaining unpaid, with interest accrued, and all moneys secu?ed hereby, sMll betome dw ~nd p~y- able fwthwith, a thereafter, at the oprion of said MORTGAGEE, as f~lly and comptete~y as if all of the said svms of money were o~iginally stipulafed ro be pa;d on such day, anything in sa:d promiuory twte or i~ this Mortgage to the co~rrary notwithslanding; and thcreupo~ w thereafter a~ the option of said MORTGAGEE, witfiout notice w demand, suit at Isw w in eqvity, therefore or thereafter begvn, may be prosecuted u if all nwneys sntured hereby ' had rt?~tvred pnor ~o its initit~rion. 7. That in the event that at the beginn;ng of or at sny time pe~ding any wit upon this Mortgsge, o? to foreclose it, w to reform it, ot to eaforo~ payment of any claims l+creunder, said MORTGAGEE shall apply to the Cou~t having jurisd~dwn thereot for the appointment of a Reteive?, svch Court shall fwthwith appoint s receiver of said mwtgaged property aN and singuler, includ,ng atl and singvlt. ~he income, profits, issues and reven~es from whatevet source tkrived, each and every of whith, it beinp expressly understood, is hereby mortgaged ss if speti(icaUy iet forth and desuibed i~ the y~antinp ~nd habendum cla~ses hereof, and such Receivcr shall have all the boad and effective fvncl~oru and powe~s i~ anywise entruated by a Covrf ro~ Receivsr, and such appointme~r shall be made by such Cour! as an sdmitted eqvity and a matter of absolute righl to said ~50RTGAGEE, end witho~t referente fo the adequacy a inadequacy of the vat~e of the prope«y mwtgaged or to the wlve~cy or insolvency of. said MORTGAGOR p the defendants, and that wch renu, profin, income, iuue~ and revenues shaU be applied by svch Reteiver according to the liat q equiry of said MbRiGAGEE and the practice of such Coun. 8. To duly. promptly and fully perform, diuha~ge, execute, effect, complete, tomply with Ane~ ab`~de by eath and ewry ths stipulatioos, agreemenri, conditiora and covenaros in sa~d p?omisswy note and this mortgsge set iath. • 9. Th~t in the event the owrmship of the mortgaged premises, or any pa~f thereof, becomes vested in s person otfier than ihe MORTGAGQR, tl» MORTGAGEE, its successws and auigns, may, without notice to the MORTGAOR, deal with such successor a successor in interest with reference to this mortgape and the deb~ hereby secured in the same manne~ as with Mortgagor witFaut in any way viliating or disthargi~g the Mwtgagors• ~iabilify he~e- under q upon the debt hereby secured. No sale of the Fremises he~eby martgaged a~d no fwbearante on the part of the MORTGAGEE w iri sutcesson t or aug~ and no earers~on of the time ior the paymeM of the debf hereby secured given by the MORiGAGE~ or its sutceuws w assiyns, sha(I op~rat~ ~o release, diuharge, modity changt or aFfect the original liability of the JNORiGAGOR heiein, eitl?er in whole a in psrt. 1Q. It is speuticaJly aq?eed that fime is of fF~e essence of this co~tract and that no waiver of any obliyat~on hereunder a of ths oblgation sa- cvred hereby shali at any time theresfter be held to be a waiver of the terms hereof or of the I~IffNftlQM iCCU1lCI I1lfby. I1_ In add:tio~ to the forego:ng monthly payments of prinCpal a~d interest required by the p~omissory note setvred hereby, mortgagor tovenanfs and agrees to pay to morrgagee w;th each monthly payrnent an addiiions! sum esGmafed by mortgagee to be equal to 1/12 of the annual cost of 1he follow- 'rg: A-All real property taxes kvied or assessed a~ainst the above described real estate. B-Premiums on f~re and wi~dstorm insurance as herein requ~red to be carried on fF~e improveme~ts situate on the above desvibed premises. C-P~emiums on such mortgage guaranty ir.surarce as mortgagee shall f~om t~me to t;me deem fit to carry on the Ioan secured hereby. Mortgagee shall f.om time to time notify mortgagor in writing of the amount due and payable hcreunder and such sum shall thereupon be due end payable on the due date of the next monthly payment and eath successive mw~th thereafter until mortgagee shall notify mortgagor of a cha~ge in wth amoun/. Such sums shaii be applied by martgagee toward the paymeM of real properiy taxes, insurance premEums, and mwtgage gvaranty insurance premiums. ' IN WIi SS WliEREOF. the said MORTGAGOR hss F~ereunto set his hand and seal tF~e day and year fint sforesaid. Signe e ed an deYv !~e presence of: ! - 1 ~ ~ n ~ ~ ic--~ STATE OF FLORIDA ~ ` couNtY oF st. Lucie ~ 1 6efae me perw~ally sppea~ed M8b@~. L~~.ly~ A W~dow ~w+d hiti~~iie, to me well known snd known !o Me to b~ rhe individuaf? destribed in and who executed the fwe9oinp instrurt~ent, and atkrwwkdged before nx that Sreaecuted the ssme. for t~`pwposp A therein tnpressed. /1nd 1he ~taid~ - w+k~vi ylw~i~ ~ ~rwiw~tiow-b~ ~+w-~~ic~r sets~elrawd ~'sr1 ~f~erw-fw.~s~iJ -Iwr~ia~wi,-~Iwswied~-~s~ wwl ~be~ ~nt-NNr-ahs ~~r~sr ~aid~ ~w~ib~~~~~~ ta?ily~. ard ~illash w+~'ew+~lwenr ~wM~in~r ~p'e~i~awsiow.-or ~fer ~(ro? iwm ~~s~ f+~~lr~nef~ ` ~ ~~f+~~ WITNESS my hand and official sea) this ~O ~ ~y o( R~ v',.•••••'~'~ ~at4a~,.$Q , • , , , _ G.~~ ~ FILE~ AN~ RECTY FLA. r~~..,, P~tK .~+d t« *he s~arr af:~ y~i..~, S~.R V~~RG ~UN F• p M,, c~„~? .x~.K: /l-,3~::%f~~~ 1 Return To: VGR~ ~ ~ : ~ Fir.t Feder:~ saring. a ~oao ~?ss«~ar~on + 1~i.j• I~TA~ ~lwQ. =TATE OF iLOwNA w Q.-: ~t Of Fort Rerce. i ~ v ~r COMMISSION EXPiRES~ ~N • ~ 'r ` . fort Pierce. Ftorida O ~oMp;P 1MAqIM1 t11t0 f?. ilt/iiLMOr~t.j'; ~ T~- '69 MAY r" ' _ . - i~'~ ITRAS - Th~s Insirument Prepared By ROGC First Federal Savings ~ loan Associatic~o~ERK CIRCU~? ~OURT~ ~ of Fort Pierce Checked 8y J. Chsstain e001f ~ PAGE~O~ F ~ ~ ~ ~f : Y~ ° ' ~.g~r=~ _ _ - _ - - -