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Home My WebLink About1339 ~ ~ . . - ; ! 3. To plac~ ~nd co++N~uously ke~p on tM buildinps ~ow a 1+Keaft~? sit~~h on said Isrxl ~nd on all equipm~nt ~nd personally covtnd by this enort¢ sge, with all premiums therron p~id in fu11, fire insur+nce in tM uswl sandard policy form, i~ a sum ~pprowd by 1M MORTGAGEE, and windsto~m insursnce i~ ~M ~sual standa~d polity torm, i~ • sum approved by ~M MORTGAGEE, G+ ~vch company or comP+~~~s +s tM MORTGAGEE m~y directt and all fira and wl~dsrorm insurano~ polici~s on any of said build~nps, any I~terest therein w part thsrwf, in ~M a~reyate ivm ~for~s+id a tn excess thereof, ihall contain tM ~sual sund+rd mottg+gN claus~ or such othK ctavse ~s tM Mort~~p~a m+y ~puire. m+kinp tM lou urdM a~id poli~ cies, exh and ~vay. paYabl~ to s+id V10RTGAGEE as iq interest may app~a~. and each and tvery such policy ihall b~ promptly su:yncd and dtlivered to ~ny held by ~aid MORTGAGEE as fur~her seturiry to s+id mortp~y~ debt, and, nW less tMn tee (10) davs in advanc~ of th~ expiration of e+ch policy, to d~- liver fo uid MORTGAGEE • ~enewal ther~of, toye~Mr with a roceipt for the pemium of wch ~enewal; snd there shall be no fire a wi~dstam Insuranc~ ! plaud on any of said buildinpa. iny intsnst thtr~i~ a psrt thereof, unleu in the form ~nd with tM loss pay+bk u afw~tsids +~d in tFN ev~e?t any swn ! of mooay ixcomes pay+ble unde~ iuch pol'~cy w policies said MORTGAGEE shall have ths option to receive and apply the same on accouM of the indebted- neu setured he+eby or fo permit said MORTGAGORS ro reteive snd use i1 0? any pa~t lhereof fw other purposes, without Ihereb/ waivi~ig w lmpair- iny any equity, lien a ri9ht under w by v'utw of this matyayes ~~d in the event sa~d MORTGAGORS shall for u?y reason fail to keep tF?e said premises so ins~red, or fail to deliver promplly u?Y of said policies of insurante to said MORTGAGfE, w fail promptly to pay fully ~ny premi~m 1Fxrsfa a i~ any respect fail b p~rtam, d~uharge, execute, effect, complete, comply with snd abide by this covenant. w sny part hereof, said MORTGAGEE may pl~os snd pay fa cuch iruu~ancs ot ~~y put thereof without waivinp w ~ffedinp any optan, lien, equity, or right under or by virtw of this Mortpa9e, and tht ~ full amount of eacA and ewry such payment ihsll be immedi+telY dw +nd PaY+b~~ +^c! sha~~ bear intereit from ths date thereof ~ntil paid at the r~t~ ot , nine per centum per annum and to;~elher with such i~terost shall be secured by the lien of this matp~ge• ~ ~1. To permit, commit or sufftr no wute, imp+irment or deterioration of said property or any p~rt thrreof. ~ 5. To pay all snd singulu the cos», charges and expenses, includirg a rcasonabie attomey'• fee and cosri of abstracts of title, irKUned o~ p~id at any time by said MORTGAGEE, bscauss a in the ~vent of the (ailur~ on the psrt of tF?s said MORTGAGOR to duly, promplly ~nd fully perform, disthargR ! e:ecute. effect. complet~, comply with ar?d ab;da by each and evrry the stipulatio~?s. agreements, conditions. and covenants of said promisswy note and thii ; mortga~e any or either, and said costs, char9a snd expenses, each snd every, shall be immediately due and payable: whethar a eat there be notice da j mand, sttempt ro collect ot suit pending; and tM full amount of eath and every suth payment shall bear ir~terest from the dah thereof until paid ~t the ~ rare of nine pe~ centum per a~num; and ail iaid costs, charges and expenses inturred or paid, together with such interest, shall bs secured by the lien of thu mort9a~. t 6. iMt (a) in the event of any breach of this Mortgsgs or default on the part of the MORTGAGOR, a(b) in the event any of said sums of money ! herein mferred to be not promptly and fvlly paid within thirty (301 days next after the same sevcyally become due and payabfe, without dem+nd w noY~ce. or (c) in the event eath and every the stipulatio~s, agrcements, conditions snd covenaMS of sa~d promisswy no~e and th~s mortyape any w either +r~ ~ i iuly. promPtly and futly perfwmed. discharged, execvted, effMed, completed. compl~ed w~th and abided by. then in eifher or any s~ch event ths s+id a¢ ~regate sum mentioned in said promissory note then remainirg unpaid, with interest acuued, and all moneys setured hereby, shall become due and pay- able fwthwith, or thereafter, at tFa option of said MORTGAGEE, as fully and completely as if all of the sa~d wms of money were oriyinally atip~rlated ro be paid an such day, anything i~ said promiuo?y note or in this Mortgage to the contrary notwithstsnding; and ~hereupon or thereafta at ti~e option of said MORTGAGEE, without notice w demand. wit at law w in equiry, therefue w thereafier begun, may be prosecWed as if all moneys tecured hereby had mat~red pna to its inslitution. 7. That in the event that at the beginning of ot at sny time pending any suit upon this Mortgsge, o~ to forecloae it, or to reform lt, w to e~foru paynxnt of any claims hereunder, said MORTGAGEE shall apply to the Coun having jurisd~ction thereof for the appo~ntment of a Receive?, such Couh shall forrhwith sppoint a receiver of wid mortgaged proQerty alt and singular, intlud~ng all and singular tht intome, profits, iuues and reven~es from whatever source derived, exh snd every of which, it being axpressly understood, is F+creby mo~~gaged as if spec~fically set fath and dew~bed in the gra~ti~g snd habendum clauxs F+ereof, and such Receiver shall Mve all the b?oad and effective funchons and powers in a~ywise entrusted by s Court to a Receiver, end } cuch appointment shall be made by wch Court as a~ admitted equity and a matta of absolute right to said MORTGAGEE, snd without reference to ths adequacy or insdequacy of the value of the propsrty mortga9ed or to the sotve~cy or ~nsolvency of said MORTGAGOR w the defendants, and that such rents, ptofits, intome, iuues and revenues shall be applied by such Reteiver according to the lien or equity of said MORTGAGEE and the ptactite of such Courf. 8. To d~ly, promptly and fvlly perform, diuharge, execute, e(fect, complete, comply wi~h and abide by each and every the stipulations, agrcemenri, :onditions and covenants in wid promissory note and this mwtgage set forth. 9. That in the event the ownenhip of the mortgsged prei+uus, a any part thercof, becomes vested in a penon other thsn the MORTGAGOR, the h10RTGAGEE, its successors snd assig~s, msy, withoul notice to the MORTGAOR, deal with suth successor a sutcessa irt interest with refere~te ro this mo:tgsge and the debt hereby secured in the same mannet as with Mortgagor without in any way vitiating or dixharging the Mwtgagors' lisoility hera under w upon the debt hereby secured. No sale of +he premises hereby mortgaged and no forbearance o~ the part of the MORTGAGEE w its successas or aui9ns and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGE~ or its successors or assigns, .hall operate ro release, dischar9e, modify change w affect the original liab~l~ty of the MORTGAGOR herein, e+ther in whole or in psrt. 10_ It is specifically agreed that time is of the esxnce of this contrsct and that no wsiver of any oblga~ion hereunder or of the oblipaYan sr cured hereby shall at any time thereafter be held to be ~ waiver of the terrtu hereof or of the instrument secured herby. 11. In add~tio~ to the forego:ng monthly payments of prin~ pat and interest required by the prom~ssory rtore secured hereby, mortgagor covenanb and agrees to pay to mo*tgagee with each monthly payment an add~rionsl sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the fotlow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums o~ fire and windstorm insurance as herein requ~red to be carried on the imnroveme~ts situate on the above desuibed premises. i C-Premiums on such mortgage gua~anty irtsurance as mortgagee shall from time to time deem fit to carry on tfie ban seturetl he.eby. F Mortgagee shall from sime to tirrK notity mortgagor in writing of tF~e amount due and payable hereunder snd such sum thalt thereupon be d~e and payable on the due date of the ne:t monthly payment and each :uccessive month thereafter u~til mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the paymenf of real property ta:es, insurance prem:ums, and mortgage guaranty iruur~nce oremiums. tN WITNESS WHEREOF, the said MORTGAGOR has i~ereumo xt his hand and seal the day a~d yesr first aforesaid. "~a, s"' "d d`r ~?~`"`~i~ED AND RECOR~ED~ ~ ~ T. LUCIE COUNTY. FIA. ~ ~ e ~FCn~[? V~~IF?ED , a . 1'?'94'74 ` ` '69 JUM I 6 AM 10 : 5 0 / ~ STATE OF FIORIDA ~L~B. AO~~ E;E~~~ P~~ ~ couNTMOF St. Lucie ~ ss.'1(Y'~-~ _~t`~C~~ vC~'~,Fa ? ~ s~~l.11~~~~CO(JN'tY.~F~A. ~ Befwe me personally appesred a 17R~a$ ~nd IRCUIT COURT.~ h~s w~Fe, to me well known ~nd krwwn to me to b~ - ~ the indiridwb described in and who executed the fore9oirg instrumenf, and ~ckrawledged h~q~ rr~'~at f`q~ ex~gtedl t~s for the purpwes Annie L. -0~ ~!l L r ~ • ~ therein expressed. Arx! the said Lawrence - ~ ,~vife of the ssid Grad Lawrence ~ upon • xpuate ~nd privat~ ; examinst~on by me taken separate and apart f~om her said husband, scknowledged to end before me that she ~cu !1~~ ment freely and volvo- ~ rarily and without any compulsion, constr~int, apprehension~ fear of or from her said husband. E' ~ i~!'. t', ~ Jun L~RK CIR~UIT COURT WITNE55 my hand snd officiai ~eal thit d~y of A. D. 19_b9._ ` Notary ic in and fw the Sbt~ of fbrida ~t luye s My misaion expites: 6~~'~/ Return To: ~ Q~Honda at [srqe First Pederal Sa~ings 3 loan Assodat~on . Notary ~ssioll ExP~ta Au9. 6. 19~1 a~ Of Fort Pierce. *r ~ ~~~~fil~C~ ~ Fort Pierce, Florida , \ ~ ~ - _ . _ - . . :x - . " This Instrument Prepared By ' - ~ , , + . - - ~ First Federal Savings b Loan Association ~ ~F ~ { ' of Fort Pierce ~ . ' ~ '.'`~''T• " . ~ ~ Checked By J. Coll~nc , ~ ~ 80~~ ~.'7$ Pa~ 539 ; ~ 0R ~ ' ~ Bo~K~78 ~~E13~ s ~ ~ ~ i~ r f ~ ~ .a..~~_. , _ ~ > >s~:~