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Home My WebLink About1649 , . . I : s ~ l ~ • • ~ To pl~ and continuously k~ap on tM buildi~ys ~ow or h~r~ah~? ~it~at~ on s+id land ~nd on all equiprtKnt ~nd pawnally covN~d by this mong y~, with d) premium~ thmwn p~id i~ f~14 fir~ iniur~nc~ in tM uiual st~ndard policy fam, in ~ tum approved by the MORiGAGEE, ~nd wind~torm ~r+iwanc~ M th~ ~swl ~urda.d potky form, i~ ~ sum ~pproved by th~ MORTGAGEE, in wch comp~ny w companies as th~ MQRTGAGEE m+y dir~clt ~nd all fir~ u~d windstwm inswanc~ polici~t on any of said buikJ~~+ps. ~ny i~ter~st ~Fwrein o~ pan tF?erwf, i~? Ihe a~yrey~te sum afu~said ot in ~xaa theraof, ahall cont~in tM uswl srandard mongsQe~ dauss w such ofher clauss ~i ~M Mortys~t~ may ~pu~n. makinp tM lou under ~a~d po1F cies. t+cl~ ~nd ~wry. psYabl~ ~o iaid MORTGAGEE as its in~erest may ~ppear, ar+d each and •very such policy shall b~ promptly au:yned ~nd delivered to •ny Mld by said MORiGAGEE as fu~the~ security to said mortpa9e debt, snd, r+ot leu tMn ten (101 dsYS in advance of the ~xpiration of each policy, to d~- I~ver ~o said MORTGAGEE a renew~l rhereof, topethK with a receipt for the p~smium oi such renewal; snd ~he~e shall be no f~~e or windstam Iruurance ~ plxtd on any of said b~ildinys. ~ny interest th~rein or part the?eof, ~nleu in the form and with tM toss p~yable as afwesaid; ~nd in the ev~nt a~y sum t of morNy becomes pay~bl~ w+d~r iuch policy or po~iciss s+id MORTGAGEE ~hall havs ths option to rsceive and apply the ssme on accoun~ of the inckbted- ~ neu securtd F~lby w to permit said MORTGAGORS to receiw and us~ i1 ot any pa?t tF?eteol fw othc. purposes, without thareb/ waiving o~ ~mpain inp any eq~iry, I'Nn a ripht under or by virtue of this mozs~age; and in ths ~vent said MORTGAGORS shall for any rea~oe~ fail to keep the u+d premises w iniured, w fail b dtliva promptly ~ny of said policies of iruurante to sa~d ~MORTGAGEE, ot fail promptly to pay fully any premium therefor w in sny rospact fail b pNforn4 d'uchargs, execute, effect, compkte, comply wirh and abide by this cove~ant, o~ +ny part hereot, said MORTGAGEE may placa +nd • pay fw suth inwranc~ ot ~ny patt thereof witlw~t waivinp w affettinp any opYwn, IiN+, eqvity, or right ~nder o~ by virtu~ of this Mortyap~, and thc full arnouM of each and ewry wch payment shall be imrnediatety dw snd payabls a~d shall bear tntcrest from the date thereof ~ntil paid at tlw rat~ ol i nine p~r ca+tum per a~num and together with such interest shall be secu~ed by the lien of this mortgage. To p~rmit, oornndf or wifer no waste, impairmeot or deterioration of said prope?ty or any put thereof. 5. To pay stl u+d sinpufu tfis costs, charges and expenses, includinp a reasonabk attwney's fee and costs of ab~trscta of title, incurred or paid at j any Y~me by said MORTGAGEE, because or i~ the tvent of the failure on the pa?1 of ~hs said MORTGAGOR to duly, pramptly snd fully perform, d~ichar9e. ~ execut~, effed, complet~, comply with and ab~de by each a~d evrry the stipulations, agrceme~n, condi?ions, +nd oovenants of said p?omissory note and thi~ ~ mortyap~ any w ei~ha. and sa~d costs. charges and expenses, escF? and every. shall be immed~ately dve and pay~ble: whe~her w not there be no~ice'da mand, ~ttempt to collect or suit pendinp; snd ths full xoount of esch a~d-~very wch payrrKM shall bear interest from the date thereof until p~id ~t the rate of nine per cenfum pe~ an~wm; a~d all said costs, cha?ges and expanses iMU~red w paid, togelher w~th such i~terest, shall be secured by tiw lien of thiu mort9ay~. 6. TMt (a) in th~ went of ~ny breach of this Matgage w default on the part of the MORTGAGOR, or (b) in the event ~ny of ts~d sums of money 1 hercin referred to be no1 promptly and fuUy paid within thirry (30) days next after the same sevc~ally become due and payable, without demand or eatice. ; or in the event each and every the itipulatio~s, agreemenn, conditions and covenants of sa:d promissory note and th~s mortgaye any a either ar~ nw E iuly, promptly ~nd fully performed, d~scharged, executed, effected. completed, compl~ed wi~h a~d ab~ded by, tFKn in e~tl~er w any such eveM the said a¢ ' gregate wm mtN'arxd in ~sid promissoty note then remaining unpaid, with interest acuutd, and all moneys setured hereb~. chall bctome dw and p~y- able fathwith, a thereaffe~, ~t fhe option of said AItORTGAGEE, as fully and completely as if all of ~he said wms of money were originally stipulated to be p~id on such day, anything in ssfd promiuory ~+ote w in this Mortgage to the comrary notwithstsnding; and therevpon w thereafte~ a1 1he op~ion of said MORTGAGEE, without notice p demand, :uit ~t law w in equity, therefwe or thereafter begun, may be prosecuted ~s if all moneys setured hereby had matu~ed priw to iri irutitution. 7. That in the evenf that N the beginning of a at any time pending any wit upon this Mortgsge, o? to fweclox if, a to refwm it, or fo erifo?a paymee~t of any claims Aereunder, said MORTGAGEE shall apply to the CouA having jurisdiction thereof for the appanfinent of a Receiver, such Co~rt shall , Forthwith ~ppoint a receiver of said mwtyaged prooerty a~l and sirgula~, includ~rg all and singular the income, profi?s, issues ~nd revenues from whatever tou.ce derirld, each and every of whith, it being expreuty understood, is hereby mortgaged as if spec;fiully set forth and described in the graNing and habeodum clauses hereof, and such Receiver shall Mve sll the broad and effective funct~ons and powen in anywise entrusted by • Court ro• Receiver, and ~ such appointmcnt shall be made by such ~ourt as an ad:nitted e~uity and a mattcr of absolute right ro said MORTGAGEE, a~ without reference to the ; adequacy a inadeq~acy of the wtue of the property mortga9ed or to the soivency or insolvency of aaid MORTGAGOR or the defe~dants, and that such rents, profits, income, ~ssu~s and revenves shall be applied by such Receiver according to the ~iu? w equiy of said N10RTGAGEE a~d the practice of tuch ' Court. ~ S. To dvly, promptly snd fully perfwm, diuharge, execute, effect, complete, comply with snd ~bide by each and every th~ stipulations, sgreemenri, F conditara and covenants in sa~d promissory note and this mortgage set fath_ 9. That in the eveot the owne?ship of the mortgayed pran~ses, or any part thercof, becomes vested in ~ penon other ihsn ihe MORTGAGOR, fhe MORTGAGEE, its succeuors ~nd auigns, may, without noticr to the MORTGAOR, deal with such succeuw a successor in intereat with reterence fo this ~ mortg~e and tl+e dabt hcreby secured in the same manner as with Mortgagor without in any way vitiating w diuharging the Mortgagon' lisbility here- ~ under or upon the debt hercby secured. No sale of the Fremixs hereby mortgaged and no forbearance on the part of ths MORTGAGEE or its succeuws ~ or suig~n +nd no extension of the time fw the psyment of the debt hereby secured g~ve~ by the MORTGAGEf or its successws w su~9ns, shall operate to rekase, dischar9e, modify thange w affett 1he wi9inal liab~lity of the MORTGAGOR herei~, either in whole or in part. 10. It h specifically agreed that time is of_the essence of this contract and tha~ no waivea of any obligation hereunder w of the obliyation se- ~ cured hereby ihall ~t aoy time thereafter be hzld to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~tion to tF~e forego:ng monthly payments of print"pai and interest requ'sred by the prom~ssory note zecured hereby, mortgsgor covenants and agrees to pay to mortgagee w~th each mo~~hly payment an sdd~rional sum estsma~ed by mortgagee to be equal to 1/l2 oi the annual cost of the follow- ! ingc ~ ~ A-All real property faxes kvied or assessed against the above described real estate. f B-P~em~ums on fire and windstorm insurar.ce as here~n requ~red to be carried on the improveme~ts situate o~ the above described premises. ~ C-Premiums on such mortgage guaronty insurance as mortgagee shall from tinee to time deem fit to cxry on the loan secured hereby. i Matgagee shall fra-n time to time notify mortgagor in writirg of the amo:rnt due :nd payable hereunder and such sum shall thereupon be due and i payabk on the due date of the next monthly payment and each successive month thereafter ur,til mortgsgee shall notify mortgagw of a change in iuch ~ amount. S~ch aums shai! be applied by mortgagee toward the payment of real property taxes, insurance p~em:ums, and mwtgage guaranty iruurance ! i premiums. ' € IN WITNESS WHEREOf, the said MORTGAGOR has herevnto set his hand and sesl the day and year first aforesaid. f Sig Staled a de 've?ed ie the presence of: € , ~ n ~ ' .,+...G~ .o ~ ~n ~ ~ ~ STATE OF FLORIDA ' ~ S?_ LUC IE u- couNn oF ~ sefare mepr~ Ily a~p •?~d Claud@ H. COmbs ~ LOUi" L. a s his wile, to me well known and known to me to E ths indiridwb dsscribed in and who ~~cecuted the fwe9anp instrumant, ~nd ~ck~+owledped beforo me that they eaecuted the same 1or tM pvrposes ~ fherein ~xp~~ssed. Ard tFtt ued T..Oll~f@ I. C01~S ~ w~fe of th~ Nid CIiU~ H. COIIbs upon a separ~t~ and privat~ ! ~ exeminstion by me t~ken upante and apsrt from her said husbar?d, xknowledped ro and befo~e me that sM execvted said instrument ireely and votwr . r~riiy w~d w~thaA sny compulsion, constrsi~t, apprehsns~on, or feu of or from her said husband. WITNESS my hand ~~d official seal this 28th dsy of un6 A. D. 1969 ~ ~ ~ ary Pvbl'K in ~nd for the Stat~ of Fbrida at L~rp~ ; ~ My Cow~roiasion ~apires: ~ Retwn 1a. ' ~ fint F~d~ral Sarinps i Loan Association r•; `~wt! 0~ ~Yfldl it ~t ,n ~ s ' • ~ y ~i- t ot Fan v,~.c~. ~ Ml E,cP'ses Sept. 23, 1969 ~ Fwt Pierte, flaida ` ~iCM iw i Crwrr G. ~ _ . _ . ~ - _ : s_~: FILED ANO RECOROEO~ ~ - = , ST. LUCIE COUNTY. FLA. ~ ~ ~ ' ~ REC~R~ VERIF!ED ~ This Instrument Prepared By RiChard K. ~C~~ ; . - • : , _ ~ First Federal Savings b loan Association ~r : ~ _ .1,SO143 ~ - of Fort Pierce ~ F lor i da _ ~ ~ '69 JUl 2 AN 10: Checked By • ~ ` R ~t G ~P~?41tRAS - ~ ~ CIERK CIRCUIT COURT. ~ ~ - . n A. ~ - ~ .s ~ 5~"t.~z'" . _ . _ _ . ~ . . ~ _ S.i'l . ~ ~ ~