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Home My WebLink About1565 ~ i r. ~ i. ) S. To plac~ and co~tin~ously kep on tFw bu{ldinps now w ht~~~h~r 4twt~ on said land ~nd on +II eq~ipmtnt N+d pKtona~N oownd by thi~ mat¢ pt, with all premiwns thcrea~ pa~d i~ fvl4 fi~~ iiuuranct in tM w~al i~aodard poticy form, in a tum approwd by ih~ MORTGAGEE. and wind~torm ~nsww~tt in ~M vswl i~anda.d pol~cy form. !e ~ wm ~pprowd by ~M MORTGAGEE. i~ wch company a compaa~s a th~ MORTGAGEE may directj and dl iir~ u~d wirwhtorm inswanc~ poiicies on any of Nid buiWinO{. M~y inifrqt thHfin O~ p~~1 tMtW1. in th~ s~pre9a~~ sw~ afaaaid a 1n ~auss tMrwf. tha~l contain t!w u~wl s~anda.d mo~tp+pN c1~us.. o~ such o~ha clww ~s tA~ Matyaq~e may ~equ'u~. m~kinp th~ loss vndN uid po14 ciK. ~ach and every. WYable w s+id MORTGAGEE as iq intaat may appear. and eacA u~d ~w~Y tuch Pcliq iMlt b~ promplly as~:yned ~nd dtlivKed to ~ny Mld by said MORTGAGEE as fwthe~ securiry to s+id mortyage dcb4 and, not IKS ~han ten 1101 d+YS in ad~anc~ of th~ ~xpb~tion ol ach policy, ro dN IivN to s+id NIORTGAGEE a renewal thereof, topether with a recapt for tM praniwn ot such renevral; and lhere shall b~ no fire w windstam inwranc~ placed on any of wid buildinp~. u~y interest ~her~ie or part the~eof, ~nkst in th~ lam and with tM lou p~yablt at atwes+id: ~nd in tM ~veM any wn~ ~ of ma~y becanes p+Yabl~ ~ndar wch policy a policas s+id MORTGAGEE shall h~w the opt~a+ to raceive and ~pply /M iame on ~ccou~+l of tM indebtsd~ rteu sccwed hs~eby or to permif s~id MORTGAGORS fo reuiw aod u~ it ~r any parl theroof fu other purposes, wilhout th3.eb~ waivi~y o~ impaia ;np any eq~;ty, lien a~i~hl w~dar o~ by virtw of this mwtpa~; u+d in th~ ~ve~t u~d MORTGAGORS shall fa sny reason fail to keep tl+~ said prsmisss so ~ insursd, w f~il ro d~tive~ promptly any of said policies of inaurante ro s~id MORTGAGEE, w fail prompdy to pay fully ~ny premium therefo~ or in ~ny respect fail b pe~forrn, diuhuge, ~xecute, affect, complete, comply with and abide by ~his cove~anb a+ny p+rt h~~eof, iaid MORTGAGEE rn~y plac~ and ~ paY fw suth Inwranc~ o~ ~ny pan thereoi without waivinp or ~if~ctinp any option. li~n, puity. a r'~ght unda or by v'utw of this Mwtyap~. aed the : tull anou~t of each ~nd tv~ry such p~yment shall be imr~diately dw a~d paysbt~ ~nd shall beu interes~ fram ths date thereof until paid d th~ ral~ ol n~ne pa~ centum pa annum and togother with such inte.est shail be secured by tFw lieo of this mort9sye. 1. To permit, commit or sufler no wuts, impiirmero w deterioratan of said prope+ty or ~~y p+r1 thereof. S. To pay all and supul~ Ihe cosn. cMrges and expenses, including ~ reasonabl~ attorney i fee snd costt of abstracts of title. incwred a pdd ~t ~ any time b~r sa~d MORTCaA('iEE, becauu a in the ~wnt of the failure on the pan of N+~ s~id AAORTGAGOR ?o du~y. p?on+pNy ~nd fully perform, di~char~ ~ execvt~, ~ftect. compkte. comply with and ab:de by each and every ?he st~pulations. ~greemenn. conditions, and covenants of sa+d promissory no» and this , marrp+p~ +nY w ei~her. and sa~d coa?s. cha~9es and eapenses, each and every, ahall be immediately dw aad payable: whc~her or not ti+er~ b~ notice ds ' mand, att~mpl to collect a iuit pcnding; and tF+e full amount oi each and every t~?ch payment shall bcar interesl t~om the daN thereof until paW N tM ~ rate of ~ine per cauvm prr an~~urn; and all said costs, chu9ea u+d expsnsss incwred w paid, togelher with wch inte~est, sMll b~ secured by the lisn of this ~ mortpape. 6. 11++1 (a) ln the event of ~ny breach of this Matgsge a deiault on the part of the MORTGAGOR, w(b) in the event ~ny of s~id swns of morwr ~ hcrein referred to be not promp+ly and fully paid wi~h~n thirty (30) days nrxt after Ihe same sevaatly become due and payable. withovt demaBd a notice. ~ o~ (c) in the ~veM each ~nd every the stipulatio~a, sgreements, conditions ~nd covenaot~ of said proni~sswy note and th~s mortyspe any w ~ither ue no1 ~ iuly. promptly snd fvlly perfamed. discMrged. executed, effected. compteted, complied with and abided Sy, then in ei~her or sny such ~w++t tlw s~id a~ ~ gregate wm n'.entaned in said promiuay nots ihen remaining unpaid, with interest acuued, and atl moneyt setured hereby, shall become dw and piy~ ~ eb~e fo~thwith, w the~eaite~, ~t the optan of said AhORiGAGEE, u fully and compktely as ii all of ~he wid wms of moner were oriyinallr st~pulated to be paid on such day. anything in sa~d promiswry note w in this Mwtgage to the co~uuy notwithstsndinp; and thern,pw~ w thereafter N the option of i said MORTGAGEE, without notice or demand, suit at law w in equity, there(ore or thereafter begun, mar be proseci~~~' u if ~II morKys ~ecvnd hsreby j had matured pnor ?o its irtstitutio~. j 7, Th~t in the event that at the beginning of ar at any time pending any wit upon this Mo~tgage, or to fweclose H, w to nfam H, w ro anfo?ca paymerN of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ctan the~eof iw Ihe +ppo+Mmem of a Receive~, wch Cowl shall forthwith ~ppoiM a receiver of said mortgaged property all and singular, includ~ng all and sinyulu the incoms, p~ofits, iuues ~nd nvenues from wMt~ver source derived. each snd every of wli~ch, it being expressly unde~siood, is hereby mortgaged as ii specificalty set forth and desuibed in the ~r~ntinp and habendum clauses hereof, and such Rcceive~ shall have sll the Ixoad and effative funcuons and powen in ~ny~wise e~+tr~sted by a Gourt to a Receiver, ~nd such appointment sha11 be made by such Cowt as a~ admitted equiry ~+~d a matter oi sbsolute right to said MORTGAGEE, and without reference b th~ adequxy a i~adequacy of the value of ~he properry mwt9aged or to the soNency or insolvency of s~id MORiGAGOR a the defendanb, ared th~f such rems, profin, income, issues and revenuea shall be applied 6y such Receive+ accwd~ng to the lien w equity of uid MORTGAGEE and ~he pr+etiu of such Court. 8. To duly, promptly and fully perform, discharge, execute, effM, complete, comply with and abide by each and every tM stip~latioos„ apreements, conditions and cove+wnts in said promiuory note a~d this mortgage set forth. 9. Th~f in the event the ownership of the mortgaged premius, o~ any part thercof, becomes veated in ~ person other tMn fhs MORTGAGOR, fl+~ MORTGAGEE, its succeuws and auigns, may, without nofice to the MORTGAOR, deal with such successor w wccessor in interest with reference to tha mortgape and the debt hereby secured in tht same manner as with Mwlgagw without in any way vitisiirg a d~uharg~ng the Mwtyagors' li~bility hera under w upon t1~e debt hereby secured. No ssle of the premises hereby morlgaged and no forbearsnce on Ihe part of the MORTGAGEE a iti wccessws or auigns and no extens~on of the time for the paymem of the debt hereby secured given by the MORTGAGEf or its successors w suigns. shall operate ro rclease, dischargc, modify change or aflect tF~e orig~nal liability of tlx MORTGAGOR herein, either in whole or in put. 10. h is spedfically agreed that time is of the esxnce of this cootract and that no w~iver of amr obtigat~on hereunder o? of the obliyation sa- cured hereby sMll at any time thereafter be held to be e waiver of the terms hereo( or of the instrumem secured herby. 11. In add~tio~ to the faego:ng monthly payments of princ'pal snd interest reqvired by the promissory nole secured hereby, mwtgagor coveosnfs and agrees to pay to mortgagee with each monthly payrnent an addiranal sum estimated by mor~gagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property !axes levied w assessed against thc above descrbed real estate. B-Premiums on fire ared windstorm insurar.ce as here~~ requ~red to be car~ied on the improvements situate on the above destribed premists. C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall from time to time decm fit fo tarry on the loan secured hereby. ' Mwtgagee shail from time to time notify mortgagor in writing of the amount due and psyable hereunder and s~ch wm shall thereupon be due snd Fayable on the due date of the next monthly payment and each successive month thereafter ur.til mwtgagee shall notify mortgagor of a change in such E amount. Such sums sF.a:l be applied by mortgagee toward the paymcnt of roal propehy taxes, insurance prem:ums, end mortgage g~wranty insur~nce ~ pre iums. IN WITNE55 WHEREOf. the ssid MORiGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Signed, led and deli in preser?ce of: H1S aq ~ ~ Q.......~ . STATE OF FlOR10A ~ S5. courm oF St. Lucie_ ~fae ~~~~~~y ~p~a~~ W~.111@ GZBiIt 21rid G~cBCi@ Mae Grant, his wife ,,,d ~ Franklin A. Harris and Valerie V• NBrr~S. his wife, to me well known ~nd known b ms to b~ ? rhe individwts described in and who executad the fweyany instrwnant, and acknawledped before me that they eucuted the ssme ~w the pxposss ~ r~.~~ .x~.~a. n~?a ri,. Gracie Mae Grant~ wife of the said Willie Grant, and : auiM..L Mw ~sid. upo~ • sep...t. .nd p.ivab ~ e,carriuution by me taken aepante and spart from r said husband, xknowledped to and befwe me that sM executed said irotrvment (r~ely and volw~- rariiy and withovt amr compulsion, constraint, apprehe~san, a fea~ of or irom her s+id husband. WITNESS my F?~nd ~nd official seal thi day of Ma A. D. 19 69 K ~ ~ , t~ry publK in and iw the Statt of Flaida at larp~ Rsturn 1a :.~•~tis~.++::;~~~~, My Commissioe? enpireu : first Fad~ra) Savinps i Loan Aswciafia+ ! C'Z~,:..,~: ~ti,~l ~~i~~ ~ ~ ~ ~ i ~ • ~ ~~.e~.w~ y~ , ~ FWt PilrCl. • ~ ~ ~ r ~r`-~i ~r w.w"~~ ~ L7i ~ fOft F/tICl, flOrid~ ~ . C.~ ~ ' . ' > ; ED FILE~O A~`~~ • ; ' : ~ S7. LUCIE COUNTY. FLA. f • ` = F2~COR~ VERIFIED - - ; This Instrument Prepared By = 1 First Federal Savings ~ loan Association of Fort Pierce .,r ' ~ `'i~`'`~~• ~ " '69 MAY PM !2' 24 Checked By J• Collins 4 ~ ROG . FOITRAS v i~ CLERK CIRCUIT COURT' ~ . _ . . ~ ~ . ~f ~ ti:.r .ti_~ z : : : ~ . , _ y ..~w ~ _ ~ - ~ : - ~~-}F ~u_~