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Home My WebLink About1303 . + ~ • j ~ ~ , , ~ ; 3. To pi+ce ~nd continuously kKp on tM buildinp~ now w hKpftK utuu~ oa aW I~nd and on ~II cquiprn~M ~nd penonally cov~red by this maty~ ~ye, with ~II' premiums thtreon p~id in fuil, fire insura~ct tn tM ~swl :~andsrd policy fwm, in a cum approvtd by the MORiGAGEE, and w3nditorm insw+nc~ in tM ~rswi uandard policy form. in a wm approved by tM MORTGAGEE, in wch cwrp+ny or comP+~~es u the MORTGAGEE m+y d'u~ttj ~nd all fIn and wind~to~m insuranc~ policit~ o~ +ny of said buildinp~, any interosl theroin w p~~t thereof. M?h~ a~9ro9~tt ium ~for~iaid w In extess tl~ereof, sAall contain tM uiwl standard matgapM clsuse o~ wch othe~ d+uN as tl» Morty~ges may requir~. makinp tM lou unda said poti~ ciai, e~ch ~nd every, payable to sa~d MORTGAGEE ~s ~ts inte~est m~y sppea~. and each and ~vay tuch policy shall be p~omptlY qs:9ned +^d deliverod to •ny held by s~?d hhORTGACaEE as further security to uid mortpags debt, snd, no~ leu tF?~n ten (10) days in advance of the expir~tion of eath poliq, to dr livt~ to said MORTGAGEE s rentwal the~eof, topsth~r with a reteipt for the prsmivm of s~ch renewal; and there shall be no fire w windstorm inwrant~ plaad on ~ny of said buiWirgs, any interest therein or p+rt tht~eof, ~nleu in tF+e form ~nd with 1M loss payabte as ataei+id; and in tM svent any :um of money becanes p+yaW~ ~nder s~ch polky a policies said N10RTGAGEE shall h~ve tM optan to receive and apply tM s+me on ~ccount of 11?~ indebted~ neu setur~d hereby w b ptrmit said MORTGAGORS to receive and us~ it or any pa~t thereof 1a: other purposes, without th~reb/ waiving w impaia in~ any ~quity, lie~ or rght uoder w by virtw of this mortysps; and in tM ~vent sa~d MORTGAGORS shsll fo~ a~y reason fsil to keep the said p~emaes w insured, a tai) b deliver promptly any of said polities of it?su~~nt~ to said MORTGAGEE, o~ fail promptly to pay fully ~ny premium therefo~ a in ~ny respect fail ro puform, d7scharye, execute, ~ffect, compkte, comply with ~nd ~bide by this covenant, a snY part hereof, sa~d MORTGAGEE may pl~ce ~nd paY fw suth tnsuraryt~ or ~ny part thereof without waivinp or affettinp any option, lisn, equiry, or right under o? b/ vi.tw of this Mortgaye. and the full amount of each ~nd ~v~ry sutA p+yn'~ent sh~{I bs immedistely dut and payable and shall bear interest from ths date thereof until paid at the rat~ of nine per tentum pe~ arvwm aod togelhet with ~uth interest shall be secured by tM lien of this mor~9age. 1. To permit, commit or suffer no waste, impairmenl w dctera?atior? of said property w a~y part thereof. 5. To pay all and sinyvlu the costs, charyes and expenaes, includiny • reason~bk attwney i fee a~d costs of sbstracts of title, incvrred w paid ~t any time by said MORTGAGEE, because a i~ the eve~t of the failure on the p+rt of ~he said MORTGAGOR to duly, promptly snd fully perfwm, d~uMrqR execute. ~ff~ct, campt~te, comply with and ~b~de by sach and every the stipvlations, agreemenn, cond~tions, ~nd covenants o( wid prom;ssory note a~+d ~his mort9age any a eithe~, and wid cosn, charqes and expenses, euh and every, shall be immediately due and payable; whether w not there bs notice de~ msnd, attempt to colkd ot wit pendingt and the full amovM of each snd every wth payment shsll bear interest from the date therenf until p~id ~t the rate of ninc per tentum per annum; and all saitf tosts, thuges snd expe~ses incurred or paid. together wdh suth interest, th~U be setured by the lien of fhi~ ^+orty+~- 6. Thst in the event of any brexh of this Mortgage or default on the part of the MORTGAGOR, a(b) in the event any of ss~d sums of money herein ?eferred to be not promptly and fully paid with~n thirty (30) dsys next after the same severalty become due and payable, without demand w notite, or (c) in the event each and every the stipulations, agreements, condi~ans and coven~nn of ss~d promissory note and th~s mortgage any w e~ther ue no1 iuly, promptly a~d fulty performed, dixharged, executed, effected, completed, complied with and sbided 5y, then in e~ther w any such eveM th~ said ~g gregate wm mentioned in said promiuary note then remaining unpaid, with interost accrued, and all moneys sccured heteby, shall bctome dw ~nd pay~ ; able fathwith, a thereafter, ~t the optwn of said MORTGAGEE, as fvlly a~d completely as if all of the said wms of money we~e wiginally st~pulated ~ to be paid on such day, anything in said promisso~y oote or in this Mortgage to Ihe ta+trary ~otwithstanding; and the?eupon or thereaftcr at the option of said MORTGAGEE. without ~orice er demand, suit at law or in equity, tFxrefore or thereafrer begun, may be prosecuted as if all n+oneys sacured hereby had matured prror to its institution. 7. TMt in the event that at the beginning of or at any time pending any su~t upon this Mortgsge, or ro fwecloss it, or ro refam it, a to enfwce paymeM of any claims I+ereunder, said MORTGAGEE shall apply to the Court having jurisd~crion ~hereof for the appo~ntment of • Receiver, such Cwxt shall forthwith appoint s receiver of said mortgaged prope?ty all and sing~lsr, includ:ng all and singular the income, profits, iuues and revenues from whatever wurce derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifecally xt fwlh and dexribed in the gr~~ting ar+d habendum ciauus hereof, ~nd such Rcceiver shall Mve ~II the broad and effettive funct~ons and powers in anywise entrusted by a Court to a Receiver, and such appointment shaA be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, snd withou~ reference to the adequaty or i~sdequacy of the value of the p~operry mortgaged or to the sotvency w insolvency o( said MORTGAGOR a the defendants, and that such rents, profits, income, issues and revenues shall be app{icd by such Receiver accwding to the lien or equity of said MORTGAGEE and the p~atlice o} such Coutf. 8. To duly, promptly and fully perform, discharge, execute, effect, mmplete, comply with snd abide by each and every the stipui~tions, agreements, conditions and covenants in said promiuory note and this mortgage set forth. 9. That in the eveM the ownership of the mortgaged premises, or any part thereof, becomes vested in • penon other fhan the MORTGAGOR, 1M MORTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deat with such successor w successor i~ dnte.est with reference to this martgage and the deb~ hereby secured in the same manner as with Mortgagw withovt in any way vitiating p dischargirg the Mort9agors' liability herr unde~ o~ upon the deb~ hercby secured. No sale of the premis_~a hereby mwtgaged and no forbearance on the part oi the MORiGAGEE a ita successon or assigns and ~o extension of the time fw the payment of the debt hereby secu~cd given by the MORTGAGEE or its successors w au~gns, shall operate ro releaae, discharge, modify change w affect tFu wginal liab~fity of the MORiGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the esserece of lhis contract and that no waiver of any oblgation hereunder w of fhe obliyation se- cured hereby shall at any time thereafter be held ro be a waiver of the ferms hereof w of the instrumem secured herby. I1. In add~tio~ to the fwego:ng mo~thly payments of princ~pal and interest required by the promissory no!e secured hereby, mortgagor tovenants and ag?ees to pay to mortyagee with each monthly payment an add~~ional sum estimated b/ mortgagee to be equal to 1/12 of the annual tost of the foltow- ing: A-All reat property taxes levied or assessed agai~st the above desc.ibed real estate. B-Premiums on /ire and windstorm insurance as herein requ:red to be carried on the improvements situate on the above described premius. ; j C-Prcmiums on such matgage gwranty insurar~ce as mortgsgee shall irom time to time'deem fit to u?ry on the loan secured hereby. ' Nlwtgagee shall from t~me to time notify mortga9or in writing of the amouM due and payable he?eunder and such wm shall thereupon be due and payable on the du~ date of the next monthly payment and each successive mo~th thereafter urtil mortgagee shall notify mortgagor of a change in such i amouM. Such sums shatl be applied by mwtgagee toward the paymcnt of real property taxes, ins~rance prem:ums, and mortgage guaranty inwrance j premiums. ~ IN WITNESS WHEREOf, the said MORTGAGOR has F?ereunto set his hand and xal the day and ye+r first aioresaid. ` S' ned, Seal r+d li in the presence of: ~ FILEO AND RECOROED" ~ ~ ST. LUC~E COU~~EFLA. ~ ~ • ~~n ~ ~~r~~,~~ ~ .n ; ~ ~s..n k ~ ATE OF FlOR1~A ~C~ ~~~~{,Z Z7 IO • / ~ ~ courm oF S t. L uc ie C ~i" / ~ eefore me perwo+~~y .pp.,.ed Alf red H. Si99 T-~ s ,nd Louise D. Si " '•~~~r ~ , his wife, to me well known and known to me to bs ~ the indiridwls described in and who e:ecuted the fa , aod acknowledyed before me that they executed the same fw tFa pvrposes rherein expressed. Md the said Louise D. S1QQ ~ A~fred H. Sigg „ ~ wifa of the ~aid pon a separate and pirvat~ examinaY:on by rtK ta4en separate and apart from her said husband, ackrawledged to and befo~e me that sF+e exccuted said inatrument frcely snd valun- ~ rsrily and witho~t any compulsion, constraint, spprehenypp, or fear of w from her said husband. WITNESS my hand and official seal this day of .7 a a~9_S2 r ~ Notary Pu in and for the St~te of Flwida ~t lar~~ ~ My iwn expires: - 6~ / 9 7/ i ~ Return Ta. ~ ! Fint federal Savi~ga ~ loan Association :~Otiry Publt(, S~afe 0( ~lOrj~a dt L~~q! ~ o? Fo~~ P~erce_ M~ COIRpqtf1011 ~Expira Auq. 6, 1971 ~ Fort Pierce. Florida ' ~Ia~!! ~c Aa~1r Ei~; j~e~ ~ ' ~ ' ND RECORDED ~ ~ : FILED(~A COUN?Y. FLA. ~ ~ ~ ~y ~ L! Ir• ~ mis Instrument Prepared By . ~ 5 IE r{~ ~ First Federal Savings ~ Loan Association • ~ . T~,L _~Of=`•~ ~ r :ED ~ of Fort Pierce ~Q ' •1~921'~ ~ ~ J. Collins - " : • + ~i'~ PM ~2 • ~ 8 t ~ ehecked BY 69 , ~y ~jC2~'" -/p / ' ~ BOOK ~7S PAGE~~C~„ " BOOi( ~~O rk~E tioGi:~ .•p~ i R~S ~ • ~ - - - - CLERK CIRCUIT COUR7~ . ~ ~ ~~t - - - - ~ ~ = ' ~ . -