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Home My WebLink About1323 ' .-C . ~ = ' . 3. To plac~ and continuously keep on th~ buildingt now w MreahN ~ituate on iaid land and cn ail equipmem ~nd psrsonally cov~red by ~hii morp~ ~ ag~, with ~N premi~ms Ihereon paid in full, fire insurar+c~ in ths uiusl stand+rd policy fwm, in • sum apptov~d by tM MORiGAGEE, ~nd windstorm iniurance in ths ususl ttandard policy fam, in a ium spproved.by the MORTGAGEE, in such company w companies as ~he MORTGAGEE m+y I direct; ~nd all fir~ ~nd windstorm iniur~nce policiss oc? any of i+id buiWiaps, ~ny i~Mr~st therein w part thereof, in the a~g~e9ste sum afw~said w tn exceu thereof. thall contai~ ths ~swl iqndard mwtya~ cl~us~ o? wch otht~ claus~ ~s tM Mortga~e~ m~y ~equ~r~, makin~ th~ lou u~ ssid poli~ ~ cie~, each and every, payable ro taid MORTGAGEE as iti i~terest may +ppear. and each and every iuch policy il+all be prompNy au~yned and delivered to , any held Sy said MORTGAGEE ~s further security to said mort~aye debt, and, not less tha~ ten (10) daYS i~ advance of the expiration of each poliq, to da i liva to said MORTGAGEE a re~+ewal thereof, to9e~lur with a receipt fw the premivm of tuch ~enewal; and there shall bs ra f~re w winds~orm insurance pl~ced on ~ny of said buildings, ~ny interest ther~in or psrt theroof, untess in the form snd with the loss paYable as aforesaid: and in tM event any sum " of mon~y becomes payable v~de~ such policy w policies said MORTGAGEE shall Mve ths optio.z to receive and apply the same on acco~nt of tM indebted- nesf setured hereby or ro petmit said MORTGAGORS to receive and us~ lt w any part thereof for othe~ pu~poses, without th~~eb~ waiving o~ impair- inp a~y equity, lien w rght unde~ w by virtw of this mortgayet ~~+d in the sver+t wid MORTGAGORS shall for any reason fail fo keep the said premiies so inwred, w fail to deliver promptly any of said policies of insvrance to said MORiGAGEE, w fail promptly to pay fully any prem~um therefo? w in any reipeet fail to perfwm, dischuge, execute, effed, complete, comply wi~h ~~d abide by this covenant, w any part hereof, said MORTGAGEE may pl~ce •nd paY fo? suth insurante or ~ny part thereof without w~ivirg or ~ffectinp any option, lien, equity, or right vnder w by virtue of this Mortga9e. ~nd the full amount of eacA snd every such payment sMll be immediately dw u?d payable and shali oear i~terest from ths date thcreof until paid at tM rat~ of nine per cenrum pe~ annum and to~ether with auth interest shall be secured by the lien of ehis mwtgsge. To permit, tommit or suffer no waste, impairment w dcterioration of uid property or any part thereof. ~ 5, To pay ~II ~nd sinyular the costs, thar~es and expenses, including a ~easonable attwney i fse and costi of abstracts of title, incwred w paid at any time by said MORTGAGEE, because or in the event of 1he failu~e on the part of ths said MORTGAGOR to duly, prompNy •nd fully per(orm, d~schargs, execute, effect, complets, comply wi~h snd +b~de by each and every the stipulat~ons, agreements, condi~ions, and covenants of said prom~sso~y note and ~his mortgage sny o~ cithe~, and sa;d costs, charges and expenses, cach and every, shall be immediately dve and payable; whether or not there be notice d~ mand, attempt to collect or wit pendingt snd the full amount of each and every svch payment shall bear intereat from the date thereof ~ntil paid ~t the rate of nine per centum per an~~um; and all said msts, charges and expenses incurred w paid, togeihet w~th such interest, shall be secured by the lien of thi~ mat~ape. 6. That (a) in the event of any breach of this Mwtgsge w defsult on the part of the MORTGAGOR, or (bI in the event sny of ssid sums of money herei~ referred to be not promptly and fully paid within thirty (30) days next after the same sevcrally become due and payable, without demand w notice. or (c) in the event each and every the stipulatia+s, agrcemenb, conditions and covenants of sa:d promiuory note and th~a mwtgage ~ny a eithe+ are not iuly, promptly and fully performod, d;xharged, execured, effected, compkted, compl~ed wi~h and abided by, theo in e~ther w any such ~vent the said ag gregate wm mentaned in said promissory note then ~emaining unpaid, with interest accrued, and a11 moneys secured hereby, shall become due and p+y- ~ able ~wthwith, w thereafter, at the option of said MORTGAGEE, as fully ard cm++pletely as if all of the said sums of money were wigenally t~ipulatcd to be paid on such day, anything in sa~d promissory note w in this Mortgage to tF~e contrary notwithstandi~g; and ~hereupon or thereafter at the option of said NIQRTGAGEE, without notice w demand, suit at law w in equity, therefwe or thereafter begun, may be proxcuted as if all rtaneys secured hereby had matured pnw to in institution. 7. 7hat in the event that at the beginning of w st any time per+diny any s~it upon thi~l~~qA~Qo~~B~t'o refwm it, w to enforcs payrtKnt of sny claims he?eunder, said MORTGAGEE shai! apply to the Court having jurisdiUiC~t'th~r~~ t~e~~~a~~~~~~Receive~. wch CouA shall forthwith appoint a?eceiver of said mortgaged prooerry all snd si~gular, includ~ng all and singular t~e a revenues from whatever source derived, each and every of whith, if being expressly understcod, is hereby mortgaged as if sp~t~i dewibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funcnons and powers in anywise entrusted by s Cou?t to a Reteive~, and ~ such appointmrnt shall be made by such Court as an admitted equity a~d a matte~ of absolute right to said MORTGAGEE, and without r erence to the ades~uacy or inadequacy of the wlue of the pooperty mortgsged or to the sotvency er i~ R N~fendan , and that such renn, profits, income, iuues and revenues shall be spplced by such Receiver according t~e~~ o and t practice of such Court. . 8. To duly, prompt~y and fuly perfwm, diuharge, exccute, effect, complete, comply with a a' bp each ~nd e stipvlatia~n. agreements, conditions sr?d covenana in seid prorti~ssory note and this mortgsge set twth. E. ~ t'Q ~ R 9. That in the eveM the ownership of the mortgayed premisa, o? a~y part thereof, b~pplQ Kls~~ ~~r~or~~~'than the MORTGAGOR, the MORTGAGEE, its successors and auigns, may, without ratice to the MORTGAOR, deal with svcTi~si~ccessor or successoi ~n ~inierest with re~erence to this mortgage and the debt hereby secured in the same manner as with Mortgagw witiaut in ~ny way vitiati~g or diuha~ghg the Mortgagors' ~li~bility herr under or upa+ the debt hereby secured. No sale of the premises hereby mort9sged ~nd no forbea~ance a? the part of ~he MORTGAGEE w ita successors w assigns and no extens~on of the time fw the payment of the debt hereby secured given by the MORTGAGEf or its succeuors a ~~gps) ,MII operate ro release, discharge, rradify change w affett the original liab~lity of the IVIORTGAGOR herein, cither in whok w in part. ' i 10- It is spec~fically agreed that time is of the esser.ce of this contrad and that no waiver of any obligation hereunder w of the obliyation se- cured hereby ahall at ~~y time thercafter be held to be a waiver of the terms hereof o~ of tl~e instrumem secured herby. }l. In add~tw~ to the forego:ng monthly payments of princ:pal and interest requ~red by the prom~ssory•note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each mqnthly paymePt an add~rional sum est~mated by mortgagee to be equal to 1~ 12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above destribed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts s~tuate on the above described premises. ~ C-Premiums on such mortgage guaranty insurance as mortgagee shall f~om t~me to timr deem fit to carry on the ban secured hereby. f Mortgagee shall from time to time notify mortgagor in writing of the amouM due and payab!e hereu~der snd such sum shall thereupon be d~e ~nd ~ E payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ? E amount. Such sums sF.all be applied by mwtgagee toward the payrnent of real property taxes, insurance prem:ums, a~xl mortgage guara~ty insurance premium3• ' IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and sea~ the day and ear first wesaid. / •~+ed, s~~~ a~d ?ed ~n rhe P?~~ce of: F~LEO AhD RECORDED S;. LUCiE COU~JTY. F~a. ,q . [ ~i1,'.~ ~~r' a ~ ~ i'79421 ~Seaq ' i ~aq '6~' JUK i 2 Pi~l !2 : 28 - i STATE OF FLORIDA ~ ~ St. Lucie couNTr oF TR Befwe me personally appearcd s^d i his wi{e, to me well known and known to me to be the individwls described in and wiw executed the foregoing instrum~nt, and scknowledged befwe me that they executed the same for the purposes therein expressed. And the said MildsQd B• Hl1:ltl1 ~ Andrew P Helsoth ` wife of the said • upon a separ~te and privat~ examination by me taken separate and apart from her said husband, adcnowledged to and before me that ihe exetuted said instrument freely snd volurt- tarily and without any compuEsion, constraint, spprehension, yr fear of w from F~er said husband. WITNESS my hand a~d official seal this ...1~~~ day of J~Q A. O. 19~~ ~ This instruaQnt prQpazed by ` ~ ~ John w• COII~Ils • Notary Pub' in snd for the State of Fbrida at larye # ~ ~SS~~S Il My Comm" ion expi~es: G~ ! 9 7/ t irs F~~za~~i ,i~9~ierce;'O~orida ~ ~y ~ ~ Fint federal Ssvings 8 loan Association or Fo~r Plerce. '~t ~ Notery Pubiic, Statc at Horida ~t LarQ~ fort P~erce. Florida My COmrl~iiSi011 Expiros Auq. 6. : ~ c` . ~ ' b.a.a w~. F.. a c.~.r, co, 1 ` r!` i ~ - : . - ~ This Instrument Prepared By , • : : , ` ~ First Federal Savings 8~ Loan Association ~ ~ ~ 0 R , ~ ' of Fort Pierce ' ~ ~ ' ~ Q ~ Checked By Joha ~1 C~lli*±s •"~~~'...5~}''_ 60DK ~~O PAGE i~''~"~a ~ ~ FterecozdQd to cosply wit the rsquir~nts of the ScsivQnez's Act as a~ended by ; ~ Section 695.24 ot thQ Florida Statutes. ' ~ y so~K ~~8 ~i~~ r~' ~ ~ :a- ~ ~ ~ xr - - 63 . ~.~~.~..t _ . _ a ..b