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Home My WebLink About1305 r + S , _ t j t . . .r To plac~ snd contiououtly kcp on the buitdi~gs now a htrtaftN ~itwt~ o+i ssid Iand and on +II equipment snd pawn~lly cov~rtd by fhit mortQ~ p~, with dl premivm~ Ihereo~ paid in full, fire ins~~anc~ in ~M uwal standa~d polity fwm, M a ium spptovtd by the MORiGAGEE, and windttorm inturanc~ in the usual i~a~dard pol~cy (orm, i~ • sum approved by tM MORTGAGEE, in wch tompany o~ tompanies as the JNORTGAGEE may dir~ctj ~nd ail firs and windsform insura~+cs po~~cios on +nY of said build~rp~, any intere~~ ~hsrein ar part thsreof, i~ the apgre9a~e wm a(ortsald or in ~xcess the~eof, shall conlain the usuai standard mortgagee clause o? svch other claus~ as Ihe Mortgages may requ'a~, makir?g the loss ut?dar sad pOli- cies, exh and every, payable to said MORTGAGEE as its interest may appea?, u+d cach and every s~ch policy shall be promptly us.yned and delivered to ~ny held by sa~d MORTGAGEE as further security to sa+d ma~gage dabt, and, not leu Ihan ten (10) deys in advance of the expiration of each polity, fo dr i~va to said MORiGAGEE a renewal thereuf, ~ogeiher w~~h a receipt fw ~he premium of iuch rcnewal; and ~F~e shall be no firo or windstam intu~~nce placed on ~~y of said buildings, any intereit therein or part thereo(, uc+Iess in tF+e form and with the loss payable as aforesaid; s~d in the ~veM ~ny wm of aaney become~ payable under such policy w polrcies said MORTGAGEE shall have the opt~on lo receive and apply the same on account of the indebted- neu setvred hereby w to permit said MORTGAGORS to receive and use it p any part thereof tor othcr purposes, with~~t th:~eb/ waivi~ig or ~mpair- irg any equity, liee~ w riyht under w by virtue of thii mo:tgaqe; and in the event w~d MORTGAGORS shall for a~y reason fail fo keep the said premises so insured, or fall to deliver promptly any of wid polities of insurance to said MORTGAGEE, or fail promptly lo pay fully any premivm therefo~ p in any respect fail b pariorm, discha?ge, execute, effed, comp~ete, comply with and sbide by this covenant, w any part hrreof, said MORTGAGEE may pl~te ~nd pay fa tuth inwrance w u+y part thereof w~tFw~t waiving w atfecting a~y option, lie~, equity, w righl under ot by virtw o( this Mwlga~e, a~d tht full amount of eacA and every sucA payment shall be immediately due and payable and shall bear interesl f~om the date thereoF untit paid at the ~at~ ol nine per centum per annum artd to~ether with such interest shali be srcured by the lien of this mortgage. 1. To permit, tommif or sufftr no waste, impairment w deterioration of said property w any part thereof. S. To pay ~II and singular t.. costs, charges and expenses, including a reasonable at~orney i fee and costs of abst~acti of title, incurred o~ paid a? any time by w~d MORTGAGfE, because a in the evEnt of the failure on the part of the said MORTGAGOR to duly, promptly and fully perfwm, dixharge, execute, effect, complcte, comply w~th and ab;de by each and every the stipula~~ons, agreemenrs, conditions, and cove~ants of said promissory note and this r„o~tgage sny or eithe~, and said coats, cMrges and expenus, each and every, shatl be immediately due end payablr, whether or not there be notice dr mand, attempt to collett or suit pending; artd the !ull amount of each artd e~e.y such payment shall bear interest f~om the date thereof until paid ~t the rate of nine per cant~m per annurn; ~.^c' al! said coats, charges a~ exoen;es incurred a paid, together w~th such interest. shall be setured by the iien of this morfgspe. Q That (s) in the event of any l,~.ach of this Mo~lgage or daFault on the part of the MORTGAGOR, a~b) i~ the event sny of said sums of money herein referred to be not p~anptly and lully paid within th~rty ~301 da~s next aiter ~he same severatly become due and payable, without demand w notice, or in tl+e even? rach and every the stipuiations, agreements, conditions end covenants of sa:d promiswry note arxl Ih~s mortgage ~ny a e3lher ~re nol ~uly, promptly a~d fully periormed, d~scfnargzd, e,cecuted, elfected, completed, compl~ed with and abided 5y, then in e~th_w w any such event the iaid a¢ gregate wm rnentioned in sa~d prc.-=ssory note then remaining unpa~d, with interest accrued, and all moneys secured herebr, shall becon~e dw and pay- able fwthwilh, w thereafter, at the option of :aid MORIGAGEE, as fufly and completely as if ail of the said sums of money were aiginally stipul~ted to be paid on such day, anything in sa:d prom~ssory note a in this Mwtgage to the conuary notwithstanding; and thereupon or thereafter at Ihe oplion of said MORTGAGEE, without no?ice or demand, suit at law or in equity, therefore w thereaiter begu~, may be prosecuted as if all moneys aetu~ed he~eby had matuftd pt~Or to its institution. 7. That in the event that at the beginnfng of or a1 any time pending any suit upon this Mortgage, or to fweclox~if, or fo reform it, o? to eniorte paymenf of any claims hereur.der, said MORTGAGEE shafl appty to the Coun hav~ng jurlsd~ct~on thereot for the appa~tment of a Receiver, such Court shall forthwith appoint a receiver of said mwtgaged prooerty a{I and singular, incl~d:ng all and sing~lar the income, profits, iu~es and revenues from whatever sourte derired, eath and every of wh~ch, it be~ng expressly understood, is hereby mortgaged as if spec~fically aet fwth and destribed i~ the gra~tiny and habendum clauses hereof, and such Recaiver shatl have all the broad and eifective :unct,ons and powers in a~ywise entrusted by a Cou~t fo a Reteivq, and wch appoimment shalt be made by such Cow~ as a~ ad;nitted eqvity and a matter of absolute right to said MORTGAGEE, and witMut reierence to the edequaq w inadeq~acy of the va~ue of the property mortgaged or ro the sotverxy or ~nsolvency of said MORLGAGOR or tAe defendents, and that such rents, proiits, inco~ne, issues and revenues shali be apptied by such Receiver accorduig to the lien a equity of said MORTGAGEE and the practite of such Court. . 8. To duly, p~omptly and fully perform, d;scharge, execute, effect, complete, comp~y with snd abide by each and every the stipulations, egreemenb, condiYans and covenanrs m sa~d promisswy note and thls mwtgage set fwth. 9. That in the eve:~t rhe ownersh~p of the mortgaged prem~ses, or any part tFiereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, without norice to the MORTGAOR, deal w~th sucb successor or successw in interest with reference to this mortgage and the de~t hareby secured in the same manner as with hlwrgagor without in any way vitiating or d~stharging the Mort9agori liability hera under or upon the debt hereby sec~red. No sate of the premises hereby mortgaged ar•d no forbea•aoce on Ihe part of the MORiGAGEE o? its suctessors or ass~gns and r.o exic•~s~on of the time for the payrrant of the debt hereby sewred given by the ARORTGAGE~ or its successws w auigru, shall operab ~o release, d~scharge, mod~fy change or affect the orig~nat fiab:l~ty of tFe MORTGAGOR herein, either in whole or in_part. 10. It is speuficatly agreed rhat t~me is oi the essence of ihis contract and that no waiver of any obligation hereunder or of fhe obliyation st cured hereby shali at any time thereaEter be held to be a wa~ver of the terms hereof or of the instrument secused herby_ I 1. In add:t:o~ ro rhe ferego ng monthly paynwnta of princ pal and inrrresr required by the prom[uery nore sec~red hereby, mortgagor covenants and agrees to pey to :~~o-rgag~e v~~th each month!y pay~,:ent an add~~~onal sum ezt~~nated by mongagee ta be equal to 1;' 12 of the annual tost of the follow- ' eng: . A-A1I rea~ yroperty taxes IevSed or assessc~ agai^st ti~r above described real csrate. B-Prem~vms on hre and wmdstorm inturance as herein requ;~ed to be carr~ed oa the :mprovemenls s~tuate on the above described premises. C-Premiums o~ wch matg~e guaranty insurar~ce as mo~rgag.~ sha~l from f:me ro tune deem fit fo carry on Ihe ba~ secured hereby. Mortgagee sha t from t~.w:e to t~me notify mcrrgager ~n xrit;ng of the amou~t due and payable hereunder snd such sum shall thereupon be due and ~ayable o~ the due date of fha neat month:y payment and each su.cessivr mo~th thereafter urtil morigagee shall rwtify mor~gagor of a char~e in wch ~ amount. Such su:ns sFa'' ~e apF•fied by rnqtgagee toward the payment of real propeny taxes, insurance prem:ums, a~d mutgage guaranty insurante ; p~emiums. ~ IN WlTN[ :1Hi .j cne sa~ MORTGAC{JR has hereunto set his hand and seai the day and year first a(oresaid. i sg~d, Sea!ed . de' ~ t -~f~ RECORDED ~lLED AND ~ ~ZU.~=~~/Q ~ ~OUN7Y FLA. cs~.q ~ ;T L.l' C _ ~ r • ~ I F ap ~ _ ~ ~ ~ i'739i~ ~ " . Y: ~ - - 2~ ~;~i t:; • 5 ~ . . STATE OF FLORIDA 3~~ ~ ' ~ couNrv oF St. Lucie ~ ~ , r' _ ~ _ - = Before me perwnally appeared W1111~ R• Dtlr~ i= t'1~~~!'.~•j , - srld _ _ ~ r 1 - s-~ : ~ : ~ ' - Pt1y111 S D• D urham r~(' K s; ~ n~• L ~ his w~fe, to me well knowi4 ar~! tn~wn ~a ~ ta M= ~ the individwls descr~bed in a~d who executed the for ai ~nsirumem, end ackrawledged before me that they executed th6~sfr~•.TC} ~{~s _ . i y Du=ham ~ rherein expressed. And the said P 11S D. : W1111~]H R • ~ wife of fhe ~~d D urha?m upon a sEpsr~l'e' ~nd"priv~t~ examinatio~ by me take~ separate and apart from her said hvsband, uknowledged ro and beiore me that she exetuted said instrument fceely and volvn- g rarily and witF?out any compuision, constraint, apprehe~sio~or tear of or fram her said husband. WITNESS my hand and offiual seaf thiL_ S-^- day of . Une A. D. 1~~ ' O ~ ~ . ANp RE~~R~~~A,. Not Pubtic i~ and i the Slate o iorida at luy~ ~ F~LEO ~puNSY• ' Commisaion expires: r; - aerurn ro: LUCiIE r, vt ~?~FtiE EeJTAAY P~3L•.<;. Si'~Tf CF FlO.".:i~ .1f lAisat ~ Fint federsl Savings d~ loan At~c?at~pli.!',n~ fAY COMtillS~;UN EXPiKES t~uY. 't9, 1912 i~ Of Forl P:erce. ~J~Q ~ ~ONDEO JuqUUvM FRED lA. o~esTELNpRO. ~ Fort Pierce. Florida . ` ~Z P ~ 9 ~u,~ 6 ~ '6 ~ ~ L` .s ~ This Instrument Prepared B M p ~~URT ~ First Federal Savings 8 Loan Ass~~RCU1T ~ of Fort Pierce t,1,.tR ~ ~ Checked By J Chastain_ ~ ~ ~ a~ ~.78 ~?~~~Q J. - - ~ooK 178 ~ ~.~3 ~ ~ _ 4 ~ ~f i,~ . . . - - - _ - ~ ~ . . . . . _ . , 3s^t`~~