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Home My WebLink About0641 ~ ~ z-: = f ~ To place u+d contin~ously ks~p o~ 1M kwildinps rww or htr~+ft~r titwh on said l~nd and on ~II puipm~nt and pe+sonally covaed by tfiis mortp~ ~ p~, wiih all prtmiums thereon paid in full, iih inswu+c~ i~ tht wwl tundud policy form, in a sum approvad by tM MORTGAGEE. and windiror~ ~ inwrar+c~ in tM uswt tundard policy form, i~ a swn ~pproved by tFw MORTGACsEE, in wch company or comp+nies a the 1NORTGAGEE ~r?+y dinctl M+d sll firs and wind~~wm insuranw policas a+ an1? of uid buildi~?ps, ~ny inNr~s1 thKein w put thereof, in !M ~pyreyaq wm afa~said w ~ I~ ~xc~a ther~of. sMll con~ain ths uswl ~tandud mar~ya~ claus~ a wch o~F~a clauss as Ih~ Matp+~e m+y ~Wv~n, maki~p th~ Iws unda u~d polF ~ ciea. ~sch and every. parabk w ssid MORTGAGEE u in iro~ra~ may ~pp~+~. ~~d ~+ch +nd ~vsry wch Pvliq shall b~ prompHy au:y~ed u+d d~livered ~o ~ •~y Mld by said MORTGAGEE es further sec~rity ro said mor~y+~ debt, +^d, 11W ku 1INR fM (~O~ diyf Ifl ~VMKf of the expir~tion of each potky, to da IivK to s~icl MORTGAGEE a rerxwal thercof, to~ether wilh a recaipt fw the premium oi iuch ~ee~ewal; and there shall bs no fi~e w wincistwm ieuu~ant~ placsd on ~ey of said buildings, any intersst ther~i~ or part thereof, unless in tF+e form and w~th tM loa~ pay+bk ~s afor~saidt tM twnt a~ win of mon~y becomes p~yable w~der aud? polky o? po~ici~s s+id MORTGAGEE shall Mw ~he optia~ ro receivs and ~pply the sams on atcovM of the indebted ness saeurod hs~eby or b permit said MORIGAGORS ro nuiv~ u~d us~ it or any parl thereof iw other purposes. wi~hout tF?e~eb~ waivi~g w~mpair- , inp any puity, lien a riyht uoder w by v'utue of this morspa9at and in tM ~ven1 said MORTGAGORS shall for a~y reason f~il to keep fhe faid pr~mises w inwred, or fail b deliver promptly a~y of said policies of insurant~ ro said MORTGAGEE. or fail promptly to pay fully any premivm the~efor a ln any reipect fail ro p~rform, d7scha~ge, execute. ~ffect, compkts, comply with +~d +bids by this coveaam, or any psrt hereof, said MORTGAGEE n+ay pl+u +nd ~ pay fw such inwrance or sny part tMreof without waivinp or sffectir+p sny option, lien, equity, o~ right under a by virtw of this Matysp~, ~nd tht 4ull amouot of eath and evay such paymene shall be imrnedistsly due +nd p+yable and shall bea? interest irom ths date the~eof w?tfl peid at tFa rate of nme per ce~tum per a~num and together wirh such interest shall be secured by the lie~ of this matgsge. 4. To permit, commit or suffar no waite, impairmeM w detaioration of said property a any part thereof. S. To pay ~II u+d singulu ths costs, charges and ezpenses, including a ressor+abk anorney i fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, because or in tha event of the fature on 1he part of Ihe said MORTGAGOR ro duly, prompdy and fully per(am, discharg0. . execute. effed, oomplete, comply wfth and abide by each antl every tAe stipula~~ons, agreements, cond~tions, and covenants of said promissory no~e and thii martgage ~ny a eithcr. and wid cosn, chargcs and expcnses, each and every, sha~l be immediately dus and payable: whether or not tFkre be notice de mand, atfempt to collect or suit pend~ny; ~nd the full emounl of each and every wch payment shall bear interest from the date the~eof until paid ~t the rate of nine per ceNum per amwm; and all said costs, cF+~rges and expenses incurred or paid, togethe~ w~th wch interest, shall be secured by the lien of this mort~sp~. 6. ih~t (a) in the event of any breach of this Mortyage or default on tM part of tFx MORTGAGOR, a(b) in the event any of ~a~d sums of rtioe+ey herein refened to be not promptly and fully pnid within thi~ty (30) days next after the same seve~ally become due +nd payable, witFau~ demand o~ notrce, or in the evcnt esch and every the stipvlatio~s, agreements, conditions ar+J coven~nts of sa:d promissory note and th~s m.ortpa9e a~+y w either ~re ool ~uly, promptly s~d fully perfwmed. d~xharged. executed, effected. completed. compl~ed with and abided by, then in either or any such event tFa ~aid a¢ gregate wm mentaned in said promisso?y note then remaining unpiid, with interest accrued, ar~d a11 moneys secu~ed he~eby, shall betome dw +nd p~y~ able fwthwith, w fhereafter, at the option of said MORTGAGEE, as tully and completely as if all of tl,e sa~d sums of money were o~g~~ally st7pulated ~ to be paid on such da,y, anything in satd prom~uory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereaher at ths option of ~ said MORTGAGEE, without notice a dec~and, suit st law or in equity, th~efore a thereaiier begun, may be prosecuted as if all moneys sacured hereby ~ had matured pnor~fo its institution. 7. Thst in the event that at the beginning of or at any time pending sny wit upon thia Mortgage, or to forecbss if, or to refwm it, or to enfo~c~ payment of sny ciaims hereunder, said MORTGAGEE shall apply to the Court having jurisd~aion ~hereof iw ~he appo~ntrrK~t of ~ Receiver, such Court shall fwthwitF? sppoint a reteivet of said mortpaged proQerty all and singuiar, includ~ng all and singular Ihe income, p~ofits, issues and revenucs irom whatever wurce derived, each and every of wh~ch, it being expressly understood, is hereby mo~tgaged as ii spec~ficatfy set forth and deuribed in the g?~nti~g and t habendum clauses F?ereof, and such Rece~~er shall have all the broad and effective funchons and powera in anyw~se entrusted by a Court fo a Reteiver, and ( s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and withouf reierente to fhe i adequacy or inadequacy of the value of the p?operry mwtgaged or to the wlve~ty o~ insolvency of said MORiGAGOR or the defendants, a~d rhat such ; renn, profits, income, iuues and revenues sF~sll be applied by such Receiver accwding to the lien or equity of wid MORiGAGEE and the prattice of such ~ Court. ' g, To dvly, promptly snd {ully perform, discharge, execute, effect, complete, comply with a~d abide by each and every the stipulations, agreements, ~ conditions and covenants in sa~d promissory note and this m«tgage set forth. i 9. TF+~t in the event the ownership of thr mortgaged premises, w any p~tt ~ereof, becoma vpted in a penon other fhan fhe JNORTGAGOR, the ~ MORTGAGEE, its svcceuors and assgns, may, withoul notice to the MORiGAOR,'deal with such successo? a succeuor in interest with refertnte ro this mortg~e and the debt hereby setu:ed in ihe ssme manner as with Mortgago~ without in any way vitiati~g or dixharging the Mwtgagors' liability herr under ot upon the debt hereby secured. No sale of the Fremises hereby mwtgaged ane! no torbea+ance on tF+e part of the MORTGAGEE w its suttessws w assigns and no extension of the time for the psymem of the de5t hereby secured giveq by the MORTGAGE~ or its suttessors or auigns, shall operate !o rele~se, diuharge, modify change w affect the wigina~ liabili!y of the MORTGAGOR here~n. either in whok or in put. 10. It is spec~fically agreed that time is of the essence of this contrrd and that no weiver of any obligation hereunckr or of the oblipation st ' cured F+ereby shstl sf a~y time ~hereaft~ be hefd to be s waive? of tha termt hereoi or of the instrumeM secured he~by. 11. In add:tio~ to the fofego:ng monthly payments of princ-pal and interest required by the promiuory note secured hereby, mortgagot covenants and agrees to pay to m.ortgagee wi?h each monthly payrxnt an add~rional sum est~mated by mortgagee to be eqval to 1/12 of the annual cost of the fdlow- ing: A-All real Froperty taxes levied or assessed agai~st the above deu~ibed real estate. • ' B-Premiv~ns o~ fire and windstorm insurartce as here~n ?equ:red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from I~me to time deem fit to carry on the loan secured .hereby. Mortgagee shail from time to tirt+e notify mortgagor i~ writing of the amount due and payable hereundrr and such sum shall thereupon be due and payable on the due date of the next monthiy payment and each success~ve month thereaft~r ur.til mortgagee shall notify mortgagor of s thange in suth ~ amount. Sucfi suins shail be applied. by rtwrtgagee toward the payrnent of real property taxes, insvrance prem:ums, and age guaranfy insurance ~ p~emiums. ' IN WITNESi WHERcOi. the ssid MORTGAGOR has hereunto set his hand and seal tfx day and first sfw ~ Signed, Sealed and dalivered in the presence of: rc's~ •n s..n L~"u~~f ia cs~.~ STATE O~)QOOmC MICHIGAN ~ ~ ~o~~ ~ Bsfore me peno~ally~ ~a~° ~red Ra1ph Shsader LOu~se M. S~a~6r his wife, to me well known and known to me to b~ the indiridwli dewibed in and who e:ecuted the foreQoiny instrumsr?t, and acknowledged before me that they executed the ssme fw tM purposes ~ IherQirl !%pres~ed. And ih! sa ~ ~~Se M• .S~IZadel e t wHe of rM w~d R8?lph Shra?d4r vvp! s~ ~t. and p.iwr. ~ examir?~ta~ by me tsken separ~te and apart f~om her ssid husband, adcnowledged to ~nd before me tMt she exearted ssid iw~t~»~iy a~d voluir ~ tarily and witFw~t any compulsion, co~shaint, tpproF+ension, w x oi o? from her said husbend. ~ ~ ~ WITNESS my hsnd and official seal thi¦ ~3"~ d~y of 19 69 j ~ ~7 '',..u~• " f ~ ~ FIIED AND - `Q:Y.'^'-,~~-- I<%- ~ ST. LUCIE COUNTY. F ~Y P~bIK in .~a ra iti.: ' ;~~C~CAN ~ FCORD VERIFIEO My e7 ` i~' ` i ~ Return To: ~ / D ~ ~ : ~ i t~ : ~ i~ € firsf Federal Savingt 3 lwn Association "~}'M~ V~ ~9 j' r,~, • : ~ Of fort P:erce. Q 1j ' r. ~ ' ~ ` ~ ~1•• ~ Fprt Pierce. Florida '~~l ~JIC 7 PN ! Z • Z a' • • ~ ; V~ : ' , ``Y ~ ~ i~~„' , ~ t ~ .1 ~ J, - .4'~,~"y, iiO~E:r~, ~0lTRAS • . ; ' . ~ tr r:~ent Pre ared 8 CLERK ^ ~ ~ This Ins u p y CiRCU1T COURT: ' ~ First Federal Savings b loan Association ~ ' of Fort Pierce • - ~ ~ Checked By ~i r'~+t t; re - . ~ ~ ~ _ ~•-~ry.~+t',` ~ f • - . • t' ` ~ r';- l ^ ' ~ ~ ~ ~ - , ` f ~ ~ ~ . _ ~ ~a..~~