The URL can be used to link to this page

Home My WebLink About1355 ~ . j - . c . 3. To pl~ce and co~ri~uousiy kecp on the bui!dings now w here~ftK s~tuat~ oe~ ~aid land ~nd on all equip~ne++t snd penon+lly tov~rtd by thit mo~t¢ egs, with all prcm;ums therron pa~d in full, fire ins~rance i~ the usual standard policy form, in a sum approverJ by the MORTGAGEE. and windslorm insurance In tF?s ususl standard pot~cy form, in a sum approved by ths N10RTGAGEE, i~ iuch <anpany o~ comp~nies as the MORTGAGEE n+ay direc~t a~d ~II 1ir~ and w~nd~to~m insunnce policies on +ny of said build~nqs, any inttrest therein or part IF+areof, in the aggregate wm afwsaid or In excess thcreof, ~hall contain ~he vsual uandard matgayee clause o~ auch o~he~ cla~se ii the Matyagea may requue, makinp ths Iosa v~der w~d po1F cies, esch and every, payable to said A10RTGAGEE as its i~terett may appear, and each and eve+y such policy shall be premptly ass.gncd and delivered to any held by said MORTGAGfE as further security to said mertgage deb?, and, not leu than ten (10) days in advance of the expiration of each policy, to da ' tiver to uid MORTGAGEE a ra~ewal thereof, together with a receipt tot the premium oi such renewal; and there shall ba no f~rs or windstorm ir+suru+ce ~ placed on ~ny of ssid build~ngs, any interest therein or part thereof, unless in the form and with ~ha loss payable as afaesaid; snd in the eveM ~ny sum ~ of money becomes payable such policy a pol~cies ssid MORTGAGEE shall have the op~wn to rrceive and appty the same on accounl of the indabted neu secured hereby w to permit said MORTGAGORS ro ~ecave and use it a any part ~hereof fo. othr~ purFwses, ~y~tho.,t ~harru~ walv~~~g or w-npair- ing any equity, lisn or right undrr or by virlue of this mo::gage; and in 1he event w+d MC.^.TGAGORS shall (w any teason fail to keep the said ptem~ses so j ~nsured, or fail to deliver promptly any of said polKiea of insurance to sa~d MORTGAGEE, or fail promptly to pay fully any premium therefor w in any respect fail to perform, d~scharge, eaecute, effecl, complete, comply with and abide by covenant, a any par~ hrreof, said MORTGAGEE may place ~nb pay for such insurance er any part thercof w~thaut waivinp or atfecting any optior?, lien, equ~ty, or righf undcY or by virtue of this Mwtgage. ~nd the ' full amouM of eath a~d e~ery wch payment shall be immed~ately dve arx! payable and sha~l bear inte~est from the date thcreof vntil paid at tfie raro o1 4 n~ne per cencum per annum and to~ethrr wi!h such infe~est shali !x secured by the lien of this mortgage. E 4. To permif, tommit or suffer no waste, impairmrnt or deter~oration of said prop2rty w any part thereof. ~ 5. To pay all and singular the costs, charges and expenses, ~nclud~ng a reasonable at?o~ney's fee and costs of abstrads of title, incurred or paid at ~ ary time by said MORTGAG:E, be;ouae or in the event of tha faiiu~e on the part of the said MORTGAGOR to duly, pron.plly and fu~fy perfwm, dixharge. ~xecute, effat, complete, comply w,th and ab:de by eac!+ and every ~he st~pulafiuns, agreen,ents, condit~ons, and covenann of sa~d promissory note and th~s .nortgage any o~ either, and sa~d costs, charges and expenses, each and every, shall be immed;ately due and payable; whether or not there be notite da mand, attempt to co11M or suit pend~ng; and !he fult amouM of each and every such p;ment shall bear interest from the dste tF.ereot uNil paid at the r~tr of nine per ctnWm ~r anu~:n; and all saKl c~sts, charges and ex;xnses inturred ot pa~d, together ~v~th suth interest, shail be setured by the lien of thi~ mOftga~e. ~ 6. That (s) in the evenl of any breach oF this Mcrtgage or defau;t on tha part of the :tORTGAGOR, o? ib) in the eveM any of satd sums of maxy herein referred to be nat prumpily and fully,paid wethin th.rty ~3J! djys nea~ a're~ the same severa:ly beco~ne due and payab!e, without demand w nouee, or (c) in the evem each and every the stipulario~s, agreements, condrt~ons and covenants ot sa.d promiswry note and th~s rtwrtgage any or either are ~ol ~u1y, promptly and iutly perforrr.ed, d•scharged, e~ecuted, eftected, compteted, compifed w~th and ab~ded 5y, then in eiih~r o? any such eveM the said ag~ g:egate sum mentioned in 3aid pronussory r.oce rh~n remaining unpa~d, wirh incerest accrued, and a~t moneys sec~red hereby, shal! become due and pay ible forthwith, or thereafie~, at the opt~on ol said MORTGAGEE, as futly arxl compietely as ii a~l of the s~~d sums oi money were originally st~pulated ro be paid on suth day, aoything in sa:d prom~sswy note d in this hlcrtgage to t1~e cw~:rary notwithstanding; and thcreu~;on or thereafter at the option of sa~d MOR1GAGfE, w~thout notice or dem3nd, suit at law or in eqwty, therefore oc thereafter begun, may be prosecuted as if all moneys secured hereby nad matured puor ~o ~ts in~~rturion. 7. Thaf in the event that at the beg:nning of or at any ti~ne pend~ng any suit upo :+his Mortgage, o? to Fweclose it, or to reform it, or to enfo?cs payment of sr~ daims hereunder, said MORTGAGEE sha!I apply to tht Co~rf have.x~ ~uri~d~ctip~ thereof fcx 1he appointmeM of ~ Receivei, wch Court sha8 forthwith appant a rece~~er of sa~d mortgaged proeerty alI and singu,ar, includ ng ati a~~d singu:ar ~ne income, prof~ts, issues and revenues f~om whaterer so~rce derived, each and every of wh:ch, rt being express!y ~~dersrood, ~s herrby men9ag~d as if spec~(~calty set iorth and described in the grenting and habendum clauses hereoi, and such Recet~er shall have all the broad and rftettive furtct.ons er.d Fowers in anyw~se entrusted by a Court to a Recniver, and s~ch appointment sha11 be made by svcfi Court as an admitted equity and a marte~ oi absolute r~ght to sa~d MORIGAGEE, and witho~l reference to the ~ edequacy or inadeGuacy of the value of the p~operty mortgaged or to the so:vency or ~nsolvency oi sa~d MORiGAGOR a the defendants, and tF?al such re~ts, profits, incame, issues a~d revenues shall be applied by svch Recr~~er accord~n~ ea the lien or equity of said MORTGAGfE and Ihe pracfice of such Court. 8. To duly, promptly and fully perfwm, dis:harge, execute, effect, complete, compiy with and abide by each arxl every the stipulations, agreements, conditions and covenants in sa~d promissory note a~x! this mwtgage set forth. 9. That in the event the ownersh~p of the morrgaged prem~ses, or any part thereof, Eecomes vested in s person other than the MORTGAGOR, the Y,ORTGAGEE, its successors and ass~gns, may, without noiice to the MORTGAOR, deai w~~h such successor w a~ccesso~ in interest with referer.ce to this m.o~tgage and the debt hereby secured in the same manr.er as with h'lortgago~ without in any way vit:ating o? d~scF~arging the Mortgago~s' liabilify herr under or upon the debt he~eoy sec~~~ed. No saie of the Fremises hcreby morfgaged and no forbea•ance on the par~ of the /dORTGAGEE w its succeswrs ; or assigns and no exrens~on of th; t~nie fo. the payment of tne debt hercby secured given by the MORTGAGE~ or its successws or auigns, shalf operate ~ ro releax, discharge, modify change or affect the original liab:;:ty of the MORTGAGOR herein, eitlxr in whole or in part. ~ 10. It is speufica~fy agreed that time ia oi the esser.ce of this contract and that no waiver of any obl~gat~on hereunder w of tF?e obligation sr I cvred hereby shal! at an~ time thereafter be held to be a wa~ver of the terms hereol o? oi the instrument secured herby. IL In add:tlo~ to the forego n9 rt~onthly payments of prmc pa~ and inre.est ~equ~red by the prom:ssory na.e s~,cured hereby, mortgagor covenants and agrees fo pay ~o mortgagee v~ith eath monthly pay~.ient an adii~~iona{ wm estin:ated ty mortgagee to be equal to 1, 12 of the annual Cost of t~te follow- ~ng: i A-AH real property taxes ie~~i_~ or assessed agai•~st the aoove described r~a{ estate. 1 ' B-Pr~rr~u ~~s on f~re and v.indsto~m insurar.ce as here~n req~;red to be ca{~ied on the im; roveme~ts srtuate on the above described premises. i C-prem~v<<~s o~ such mortgjae 9~aranty ir.sura~.ce as mortgagee sha;l fro:r. t me to time deem fit to carry on the loan secured hereby. ~ ~ Mortgagee sha~? f~om t~~ne ro rirne noiify mortgagor ~n writ,rg of the amoum d~e and payabte hereundrr and such surn shat~ therevpon be due and ~ ~ 3~~able on the d~e dare ef th~ next month:y payment ard each su,cessive month thereaft:r ~ntil mortgagee shall rwtify mo~tgagor of a change in such ~ a-:oum. Such sums s~.. ~!se appi~ed by ~nortga^y~~e Toward the payment of real praperty taaes, insurance prem:~ms, and mortgage guaranty irtsurance n~emiums. " ~ IN WITPJE~~ '.~'HE"r_G~ ~ne sa+d ORTGAGOR has hereumo set his hard and seal .he day and year first foresaid. t ! S~gne ~,Lealed a~ d~~• Fr ' the pr sence of: _ ~ Ft~ED ANO RECOEt0ED1 ? ~n e 4 ST. LUCIE COUNTY. FL • ~ - - F2CCOR~ ~~E!?1?=1ED cs~aq ~ - - 1~7993~ ~~n g _ O~ (Seaq ~ ~ 69 ,fUN 27 ~ ~ ~ ~ SIATE OF FIORIDA • ~ t ~ couNrr oF S. L uc 1~ 1 y!~1G " Befae me o~ali a ared Oll le _ ~ , P~ Y PPe ~ ~ CLERK CtRCUIT `_Mrw~(~e, to me well known and known to me to bs the indiridwf~ described in and who executed the foregoing instrument, and atknowledged before me that ahcy executed the same fw the purposes ~ therein expressed. /trrd~heie+~ _ Sh@ i ~ ..~4e-~of ~be-~d - _ _ ~r~o~w+'~ip'~'a,~"~~cirata. ~ s««wiwew«~-by~wh-t~wi?~asa+~anr.+rartlsos?.Frr..~idhsbard..ac4aowl~dy~d.la~od~Ev~.soel6aLahrs:ecutadswd' iipbfr~o~wO4+o- ~ ?~wlr~wd-wili~w?~.c~~p~isiw~.saswr~aio~ipp~ebaos:oo~ar~.fnae~Lor~fiom.h~r..rvdbu~taod. , ~ ~ T' ~ , _ J une ^ -L ;6~._ WITNESS my hand and official seal this ~ _ day of ~ j~~, ~i ~9 . n~C/L~'J'-•~.~, ~ = ° ~ : ~ - 4 ~ Notary Public in arsd for tM Stats f'~o?d~ 9e • r' ' My Comm~ssion exp"ses: _~.rf~, . ' . a`~"•" FILEO QND RECORDEC~ ' , ~ , ~ , First Federa) Savings 3 loan AssociaROn TY FLA. ~ ST. LUCIE COUN ~ _ 3 , : ~ Of Fort P.eree. ~ ~ F' ~ ~ ~ / For~ P~erce. florida ~ ~ f - ~ ~ ~ ~ '69 JUt~: 17 PM !2: 02 . ~ This Instrument Prepared By ~ ~ ~ First Federa) Savings 8~ loan Association ~ of Fort Pierce :?p~ER ~OtTRt+S ~ CLERK ~IRCUIT COURT ~ Checked By R. Kave~ ~DOK V ~~,E~~~ ~ do~178 ~ b~36 „ r; . cf ~ 1 . . . . ~ ~ . . . ' . _ . _ " ' ' . _ _ _ ~ _ 4r+.~-i ' ~N. ~i~C ~ - ~v...rs-X.`i ~.~5 . ..._.,...s