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Home My WebLink About2272s t.t~ ~>! 1, j Z. To plea and continvousty keep on tM buildings now a hereafter aitwts on aid land and on all puipment and personally covered by this more. age, with all premiums thereon paid In full, fin inwrance in the uswl standard policy form, M a wm approved by tMsMORT ~GEµpRTGAGEE~tmay insurance h fM uwal standard pdicy form. M • sum approved by tM MORTGAGEE, M such company a cornWn d4edr and all fin and windstant inswana polkies on any of aid buildinpt„ any Interest therein a part thereof, in tM aggregate wm aforesaid a in exasa thereof. shall contain the uswl standard morpagee louse a sudt otlwr clwa a. the Mortgagee may rpuue, making tM Ices under aid polo ties, each and every, payabM b old MORTGAGEE a its interest may appro. erect each and awry such policy shall be promptly assigned and delivered to any held by said MORTGAGEE as further secwity ro aid mortgage debt. and. not less than ten (10) days in advance of the expiration of each policy, ro de• lives ro aid MORTGgGEE a renewal thereof, toge-Iter with a receipt fa tM premium of such renewal] and there shall be no fire or windstorm insurance plead on any of aid buildings, any interest therein a part thereof, unless in the form and with tM loss payable as atoreaids and N the event any sum ~ ,,,er,.y b~nnes payable under such policy a policies said MORTGAGEE shall Mw tM option to receive and apply the same on account of the indebted• nos aetwed hereby a ro permit said MORTGAGORS b receive and use if a any part thereof for other purposes, without the-eb~ waiving or impair- ing any puny, lien a right under a by virtw of thin mortgages and in tM event aid MORTGAGORS shall fa any reason fail ro keep the aid premises so inwred, a fat) b deliver promptly any of aid policies of Inwrance ro said MORTGAGEE. a fail promptly ro pay fully any premium therefor a in any reaped fait ro perforrri discharge, execute. effect, complete, comply with and abide bin this covenant. a any part Mraof, said MORTGAGEE may plan and pay fa :ud- irauranoe a any part thereof without waiving a affecting any option, lien. equity, a fight under a by virtue of this Mortgage, and tM full amount of each and awry such payment shall bt imnediatsly dw and payable and shall bear Interest from tM date thereof until paid at the rah of nine per centum per anrwm and together with such interest slsall be secured by tM lien of this mortgage. d. To permit, commit a suffer no waste, impalement a deterioration of aid property a any paA thereof. S. To pay all and singular tM costs, charges and expenses, including a nasa»bk attorneys fee and costs of abstracts of title, inrwred a paid at any time by sad MORTGAGEE, because a to the event of tM faihxe on tM part of tM aid MORTGAGOR ro duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipuktiorn, agreements. corxlitnons and cewnants of aid promissory note and this mortgage any a either, and aid costs, charges and expenses, cads and every, shall be &nunedtately dw and payable; whether a not there be notice de• mend, attempt ro collect a wit pMdirtg; and tlw full amount of each and every such payment sl+all bear interest from the date thereof until paid at the rate of nine per oennrrrt per annum; and all said costs, charges and expenses incurred a paid, together with such interest, shall be secured by the lien of this ~+Re• 6. That (a) in the event oT any breach of this Mortgage a defwlt on the part of the MORTGAGOR, a (b) in the event .ny of aid sums of money herein referred ro be not promptly and fully paid within thirty (30) days isnFxt after the same severally become due and payable, without demand a notice, or (~ let the event each end every the stipulations„ agreements, conditions and coverunts of aid promissory note and this mortgage any a either an not iuly, promptly and fully performed, discharged, executed, effected, completed. complied with and abided by, then in either a any such event the aid ag• gregafe sum mcntiared in said promissory note then remaining unpaid. with interest accrued. and all moneys secured hereby. shall become dw and pay- able forthwith, or thereafter, at tits option of said MORTGAGEE, ss fully and completely as if all of the said sums of money were originally stipulated to be paid on such day, anything in aid promissory note a Fn this Mortgage to the contrary notwithstanding; and thereupon or thereafter at tFte option of said MORTGAGEE, without notice a demand, suit at law a to puny, therefore a thereafter begun, may be prosecuted as if all moneys secured hereby had ntatwed prior to fib institution. ~. That to the event that at the beginning of a at any time pending any wit upon the Mortgage, a ro foreclose H, a to reform it, a ro enforce payment of any dainra hereunder, said MORTGAGEE shall sppiy ro the Court 1-avir-g iwisdiction thereof for the appointment of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, includig all and singular the income, profits, issues and rrtvenues from whatever sours derived, each end every of which, it being expressly ur-derstood, is hereby mortgaged as if specifically set forth and drarribed in the granting and habendum clauses hereof, and such Receiver shall haw all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted puny and s matter of absolute right ro said MORTGAGEE, end without reference ro the adequacy a inadequacy of the valve of the property mortgaged a to the solvency a inyolvency of said MORTGAGOR a the defendants, and that urcln rents, profits, income, issues and revenws sMll be applied by such Receiver according to the lien a equity of said MORTGAGEE and the practice of such Corot. 8. To duly, promptly and fully perform, discharge. execute, effect, complete, oony~ly with and abide by each and every tM stlpulatiorts, agreements, conditions end covenants in said promissory note and this mortgage set forth. 9. That in the event the bMrnership of the mortgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its wccessors and assigns, may, without notice ro the MORTGAOR, deal with such successor a successor in interest with reference ro this mortgage and the debt hereby secured in the same manner as with Mortgages without in any way vitiating or discharging the Mo-tgsgors' liability here- under or opal the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its suaessors or assigns and ra extension of the time for the payment of the debt hereby secured given by the MORTGAGEE a its successors a assigns, atoll operate to release, diachuge, modify change a affect the original liability of the MORTGAGOR herein, either in whole a in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obl'gation hereunder a of the obligation se- cvred hereby shall at any time thereafter be held ro be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of principal and interest required by the promissory norr secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be pwl to 1/12 of the annual cost of the follow- ing: _ A-All real property taxes levied a assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carried on the improvements sitwte on the above desnibed premises. C-Premiums on such mttitgage guaranty insurarice ss mortgagee shalt from time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such wm shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify nwrtgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrarice premiums, and mortgage gwranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day end year fint aforesaid. 5'g led grid livered in the presence of: , - (wl) ~~ Before me personally appeared - - --- - -----~~ - ••"' Anna M. Wirigard his wife, to me well known and known ro me ro be the indivduab described in end who executed the faegoug instrument, and acknowledged before me that they exeated the same fa the purposes therein expressed. And tFie sai~ Anna M, Wln9ard - wife of the aid Maurice L. t~tlirigard _ upon a separate end private examination by me taken sepuate and apart from her aid husband: acknowledged ro and before me that she executed said instrument. freely and vohm- tarily end wit110V1 ari~r•~lswri, constraint, apprehension, a fear of a from her said husband. .• rr wITNt35Jit1;/~ hs~d_artrito~fSW,I seal thi^ st~` day of ~ Septeaber A. D. 19 'ly f.j~='t lam, ''~ :_~ '~ 4; =.. _ ~, ~~, ;c-AT~ FILEO AN ST.' LUCIE COUNT . ~O~Gr a t~+~ This Instrument Prepared By John W. tic First Federal Savings ~ loan Association C1~f of Fort Pierce ~ Florida Checked ey c in and for tM State of Florida at Large ion expires. !~- a 3 - G Notary ittt66c, State of flontia at cs.._ My Cowlltitsion E>spira Seapt. 23, 1Sby ao.a.a ar /lwtriwe t:. a es.•YS OS_