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Home My WebLink About0003 ~ f ~ + . ~ r , t i To plscs snd continvo~sly kkp on ti» b~,itdinys now a Mreafhr uh?i~~ on sa~d lae+d.. ~ on sll equlpm~nt ud pe~sonally oovaed by this ewr~ ~ ap~, with ~11 premiums thcrwn p+id in full, fire insu~ancs in tM uwal sta~dard policy form, ln • ~um ~pprov~d by 1M MORTGAGEE. ~~nd wi~tam # inawanc~ M tiw uiwl standa.d policy fam, i~ a aum spp+oved by tM MORTGAGEE, i~ wch compsnY c+ comP+oies - q the MORTGAGEE may dinclj ~nd all fir~ and w'u+dstwm Guwance policiss on any of s~id build~np~„ any inter~st tMr~in or put tl+awf, ie~ tM ~~epat~ svm afaswid or ` In ~xoets therwf, s1?+11 contain the ~nwl st~n~+ard mortys~e cl~us~ a i~ch Whu cla~s~ u the Matq~pe~ may ?puin. makinp ~hs bss u~ uid po1F cies, e~ch a~d ~vKy. p~Yabl~ b said MURTGAL=fE ~s in iMa~s1 m+y ~pp~+r. ~~d ~ach and ~very tuch policy sf?~I) b~ promptty sss:~ned ~nd delive~ed to sny Mld by said MORiGAGEE u furtha security to said mo?t9s~ deb~~ +^d ^o~ ~tss tMn tee~ (10) daYS in +dvance of the ~xp~ration of each policy. to d~- liva ro s+id MORTGAGEE • r~xwal th~rwf, to~tF?N with • receipt for the premiuen of uxh renewalj ~nd thsr~ sFNll be no fire w wi:~datam G?wr~nc~ plaqd on uiy of said buiWinps, ~ny inferest there~n o? part thereof, u~teu in tM fo~m and wi~h tM loss payabl~ u ~twesaids +~+d in tFw ~vs^t ~ny wm of monty b~oorn~s paYabl~ ue~der such policy or policies said MORTGAGEE ahall h~ve ~he opYwn to reuive and apply the ssm~ on +ccoun~ of tM indsbted neu t~cu~~d Iw«by or b parmit said MORTGAGORS to receiw u~d us~ N w any part tAereof fo~ other purposes, withou~ thereb~ waivi~~g a impair- irg any puity, lie~ w ~ipht unda w by virtw of this mwtya9es +nd in tM ~vent wid MORTGAGORS shall fw ~~y reason fail fo keep the said pr~mises sc inwred, or fail b delive~ ptomptly u~y vid policies of ins~ra~p fo said MORTGAGEE, w fail prompNy to pay fully any ptemi~m tF?erofot w in ~r?y respect fsil b p~rfam, dischuy~, execut~, ~Hecf, complete, comply with and abids by this covenant, w any pa~t hereof, said MORTGAGEE m+y p4c~ u+d paY fw sud? tnwranc~ w ~ny part thereof without waivi~p w ~ffectirg aoy option, li~n, equity, o~ riyht und~r or by vi~tw of thi~ Mortqap~. ~nd tM full srnount of sach u~d ~wry wch p+Yment shall b~ immediately dw and p~ysble u+d sF~all bear interest from tM dat~ thereof until paid at tM rat~ of nine pN centum pa anrwm and togelher wifh such ineerest shall be aecv~ed by tM lien of this mortpa~e. 1, To pKmit, oanmit or suff~r no wu1a, impairment w deteriwation of said property or a~y p~rt thereof. 5. To pay ~II ~nd sir+pular ti+e cwn, ch~ry~s ~nd expenses, includiny a reaso~+able ~ttwney's fe~ and wsri of abstracts of title, incurred p p~id ~I any time by said MORTGAGEE, becsuse w in the svent of the failure on the pa?t of tF~e said MORTGAGOR to duly, prompNy ~nd f~lly perform, d~xhugR execvt~. ~ffect. compkt~, oomply with and ~btde by each and every the stipulatiau, agreements, conditions, and covenants of said promiswry note a~d thii mortyay~ any oa eifhe~, and said cosn, chsrQes and expenses, each eeid every, sh~ll be immediately dw ~nd payable: whett+er w not ther~ be notice da mand, anempt to mlket w wit pendirg; and ths full amount of e~ch and every wch payment shall bear intereit from the date thereof w+til paid ~t the rate of nine per centwn per ~nnurn; and all said costs. chsryes and expe~ses incvrred or paid, togethet with wch enterest, sMll b~ sscured by ihs I'~ of thw muty+y~. b. Th~t (a) in the ev~nt of ~ny breach of this Mortgspe or defauh on the paA of the MORTGAGOR, or (b) in the svent any of sa~d svms of money ~ herein referred to be not promptty and f~lly paid within thirty (30) days next after the same seve~ally become due and payable, withovt demand o? notite, or i~ the event each ~nd every the itipulstions, ~9reements, conditions and covenann of sa~d promiuory oote and this mortpaye any w either ~rs no1 iuly, prompHy end fully performed, d~scharged, executed, effected, completed, complied with and abided by, ~hsn in either w ~ny s~ch ev~nt tM aid ag gregate wm mentioned in said promiuory note then remaining unpaid, with iMerest acuued, and all moneys setured hereby, shall bKOme dw and p~y- able fonhwitly w thereafta, at the optia? of uid MORTGAt'iEE, ss fvlly and completely as ib"~11 of the said sums of money were aiginally atip~,lated to be paid on such day, anything in ssid promi:ec+ry ~ote or in tha Mortpsge to the comrary notwithstanding; and thereupon or thereafter ~t tM option of :aid MORTGAGEE, withoW notice or demsnd, suit at law or in equity, thereforo or thereafter begun, may be prosecuted as if all maitys setured hareby F~ad rrwfyred prWt to i» institution. 7. That io the ever~t that at the begi~ning of w at ~ny time pending any :uit upon this Mortgage, w to fweclose it, or to reform it, a to enfwa paymtnt of any claims hereuoder, said NIORTG°..`~iEE shall apply to the Gourt having jurisdidion thereof fw the appointmeM of • Rettiver, such Court shall forthwith appoiM a receiver of taid morigaged ptoperty all and singul~r, inclvd~ng all and singular the income, profits, issues and revenues from what~ver source derived, each and every of which, it beinp expreuly ~nderstood, is hereby mortgsged as if specifically se1 fwth and desuibed in the prantinp and habandum da~ses he~eof, and such Receiver shsll have all the broad and effective functions and powers in anywise entrusted by a Court to ~ Reteiver, and such appointment shall be made by wch Court as an admitted equity and a ma:ter of absolute righl ro said MORTGAGEE, and without reference to ths adeqvaty w lnade4uacy of the value of the property mortgaged or ro thc w?vency or insolvency of said MORiGAGOR or the defe~dann, antl that such rents, profin, incorne, issues and revenws ~all be applied by such Reteiver according to the 1'~en or puity of said MORTGAGEE and the prattite of such CouA. 8. To du1y, promptly and fulfy perfwm, discharge, execute, effect, complete, comply with and abide by each snd every ths stipukYwr?s, ~yreemenb, condifions and covenants in said promissory note and this mortyage cet forth. 9. That in the event the ownership of the mortgayed premises, or any part thereof, becomes vested in a perwn other thsn the MORTGAGOR, th~ MORTGAGEE, in svccessws and assigns, m+y, without notice to the MORTGAOR, deal with such successor w succeuor in interest with reference to this mortgape and the debt hereby secu?ed in the same manner as with Mortgsgw without in any way vitistiny w discMrging the Mort9sgon' tisbiliry herr under w upon the debt hereby secvred. No ssle of the premius hereby mortgsged and no forbearance on the put of the MORTGAGEE or in successon or sugns and no eztension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or iri wcceuon w ~ssiyns. ~hall operete ro releast, dixharpe, modify thange w effect the wiginal liability of the MORTGAGOR herein, eitlxr in whok or in put. 10. It h speGfically agreed that t~me is of the cssence of this contract and thst no wsiver of any obligation hereunder or of tM oblipation se- cvred hereby shall at a~y time thereafter be held to be a waiver of the terms hereof or of the instrument secwed herby. 11. In additeon to the fwego:rg monthly paymeMS of prinCpal and interest required by the promissory note secured hereby, mortgagor covenanri and sgrees to pay to mortgagee with each monthly payment an add~riona~ sum estimated by mwtgagee to-be equal to 1/12 of the annual cost of the follow- ing. . A-All real property fsxa levied w assessed against the abcve dewibed resl estate_ B-Premiums on fire and windstwm insursnce as herein requ~red to be carried on the improveme~ri situate on the above desvibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby. ~ Mortgsgee shall from time ro time notify mwtgagor in writing of the amount due and payable hereunde? a~d such sum shall thereupon be d~e and ' payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgsgee shall notify mortgagw of a change in such ~ amouni. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and morfgage guaranry insurance premiums. { ~ IN WITNE55 WHEREOF, the said MORTGAGOR hu hereunto set his iwnd and seal the day and year fint aforessid. ~ Siy Sealed s 'v presence of: , f . -I~3a 1~[~1@~1~~on (5•~0 ~ •n s ~~i i ~p h~.~, cs n a e s " ~ rs..q STATE OF FLORIOA 1 courm oF St. Lucie j~' befwt me personally ,~.~d Ida Mae Ellison, A Sinqle Adult ,,,d ; Julia McPherson, A W1~OW J~i~wifA to me well known ~nd known to me to be ~ rhs individwb described in and who executed the fwe9oirg instrument, and xkrawledged before me that they e:ecuted the sams for tM p~rrposes ~ rherein e~cp~essed. ~1+~ti~ ~si~ ~:f~ ~ Mr Mi~ P~~~ i s~ani~ati~ by. a~ tak~eo.s~p~wt~+ad.sp~~ fran~ l~ss iaid. h~~sba~dr~ aciwwr4dy~ ta.+n~ bstos~. aw. tbat.ake~aovl~ s~ir ~~twrRwM~rire~lp•~•wlwr~ - .t~siiy.awd w:tbwt..a~1~ ~onP~io+~w~lr+ir~i.~~~Fne+s~w ~r- fsar-0t fran? hsF s+id-Iws~rwi•, . ' ` , - • ~e~; ~o;: i969 WITNESS my h~nd and officisl seal thi• ~ M~e day of J~e ; ~ ~ /tilf ' ~ * ry w he Sta~: of !tV?ids ~t [~tp~': ~ . Nota Pubtit in and i t - DED My e~,~~«+ .x~~e,: /Zr~- ~1 ~ ~ Retvm To: F~LED AND RECOR N?Y. FLA. _ .n - ~ ~s ~ First F.a...~ s.~j~s a ~.r~«, ~ - CIE COV F,E~ ; - ~ ~ Of Fort P~erc~. + ST. LU ' Q ~ 7~~,a~ • - . ~ fort Pierce. Flwida 1~"7~~~ F . ~ ~ '69 JU~~ 4 AM ' 25 ~ This Instrument Prepared By ~ ~ ~ ~ First Federol Savings b loan Association of Fort Pieroe~ r;~ ;~r, r 01SRA5 CLERK CIRCUIT COURT ~ R . Kayes ~ Checked By , - - ~ , 8~i'?~ ~~E ~ - y ~ ~ _ _ ~ c f ~ : _ ~ ~~.y~ , . : _ _ :