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Home My WebLink About0534 ' , t . To plaa and co~tinuovalr kNp on th~ buildi~+~ now a tw~~hK ~itwte on said l~nd ae~d on ~II equipm~nt ~nd pKSOnally cownd by this n?a1~ p~, with all premiums therwn pa~d in fvil, fin ir?sw~nn in tM ~+swl surdard policy fwm, in ~ sum approv~d by the MORtGAGEE, and wind~~arn inswa~cs in th~ uswl stu?d~.d policy foren, in a sum ~p{xowd by tM MORTGAGEE, in wcle c~np~ny or compani~s ~a th~ MORTGAGEE may dinct= and all fin a+d wkKbtorn?- inawano~ polici~s on any of said b~+ildiaps, ~ny tot~ns~ tF~~in or p~rt theraof, in tM appr~p~~~ wm efwes+W o? In ~xc~ss therwf, ah+li con~,in H» uswl ~~uidud moNy+pw dws~ a wch aha dius~ as th~ Morrpapw may roqu'u~. ma?inp rh~ loss w~da aid po1F cie~, tach and ~very. WYable 10 ~aid MORTGAGEE a ih iMKa1 maY ~Pp~+r. aewl ~ach ar?d ~wry s~c1~ policy ~hall b~ prw~y~?Ny ~ss:yned +~d delivK~d to ~ny Mld by t~M MORTGAGEE ss fwthtr kcu?iq/ to said ma/ya~ deb1. ~nd, no1 Itss tF?~o t~n (101 daya in ~o'v~np uf th~ ~spirstivo of e~ch polky, to d~- liwr ro said N1~RTGAGEE a renewal thsrwf. top~thK with a nt~ipt for tIN pr~enium of such ~enewalj s+x! ther~ shall b~ no fi~~ a winds?onn inwrae~t~ placed on any of said bvildinps, ~ny intaat tMr~in a put tMr~of, unleu In th~ iwm u?d with tF~e loss payabl~ as afor~~afdj and in th~ ~wnt say swn of mon~y becpryt payabl~ w?ila such policy w policNS taid MORTGAGEE shail haw tM oprion to recaiw and apply tl+s same on attoun~ ot tM Gxl~btsd~ nea sstwed hK~by w b permit s+id MORTGAGORS a npiw and us~ H or any part ther~of fw otF?er pwposes. without thereb~ w~ivi~~ o~ impiir- ~ng ~ny puity, liei? or rqht wwk~ w br vlrtw of this mortpaps~ ~nd in tM tvN+t ~id N10RTGAGORS shall for any reason fait ro keep the u+d pr~mises so insu~ed. or fail to d~liver prwnpNy aey of said polkiss of iraw~nq to s~id MORTGJ?GEE, a f~il promptly to p~y f~tly any premi~m thenfo~ a in ~ny resped fail to pafwm, dischuy~. ~xecuf~. ~ff~ct. oompl~te, comply with uid abid~ by this cavsnant, a ~oy part M~wf, said MORiGAGEE may ptap ~nd paY for wch imu~anc* or any p~rt tMnof without w~ivinp a af/~ctinp any optiay lien, equity, a ripM vode~ a by virtu~ of thL MortQp~. ~nd tM fuli amount of ~ach and ~wry such p~ymem ~MII i~ im~wdiat~lY dw ~od p~ysbl~ and sMll ba? ie?terest irom th~ dat~ therwf un~il piid ~t th~ rat~ 01 nins ptr centum pK annum ~d teyether with suth inte~esl il~all be secwed by tl~ IiM of this morqaQ~. 1. To pe~mit, ewemit or wff~r ~o w~st~, Mnp~i?ment w deterioration of ssid propK~y or aeiy paH thsreof. S. To pay ~II and s6gut~r ths oosb, ch~rpes arw! expMSes, includ'ug a_rsasoosble attarn~y's fN snd oosts of ~baaacts of titls, innmed w p~W ~t any tune by s~id MORiGAGEE, MtavH or M the ~wnt of tM f~ilun on the p+r1 of tM ssW AAORTGAGOR w duly, promptly ~nd fvlly perform, d~stF~ary~ execute. ~ff~N. compl~~s. comply with ~+d ~b7d~ by ~+ch ud every the stipulations ayrean.enb. ca~ditions, ~nd oovenanri of wid promiuory note and thU morrgaps arty w arher, ar~d ~aid costt, cFwpes and ~xpa+te~, each ~nd every. sh~ll bt knmediately dw snd payablst whetha a not tlwre b~ notiu da~ mand, anempt to collect or wit pendinp: ~nd tM full xnovnt of each ad evtry such p~yme~t ihall be~r interest from tM dat~ tMrwf ~ntil patd at tM rate of ~ine per ce~tum per annum; u~d alt said oosts. chir9es and expsnses inaur~d a p~id. together with wch intsrest, ihall bs ~atured by th~ lan of thi~ mortp+y~• 6. Th~1 (a) in the ~veM of any brsach of this Mortysp~ or deftult on the part of the MORTGAGOR, or (b) i~ tM ~vent se~y of ssid wms of morny he~ein refened ~o be not promptly and f~lly p~id within thirry (3p) da~ next after the aar?k seve~afly becoms due ~nd payabl~, wlthout d~mae~d w notks. or (c~ in tAe even~ each ~nd every tM stipulatio~a, ~greem~r?b, conditions and coven~nn of s+~d promiasory note and th~s matyage anr or ~i~Fw ar~ no1 iuly, promptly and fu11Y perfwmed, dcscl+a~yed, exsw?ed. ~ffected, campkrod, compiied with ~nd sbided by. then in eitMr ar arry iuch ~v~ent tM said ap~ ~regah sum mentior~l in sa7d promiuwy nots then rem~ininp unpaid, wiM interesi acuucd, and ~II mo~eys secured herebY, shall beaome dw and p~y~ able forthwith, a thereshee, ~t the option of said MORTGA6EE, u fu1Fj snd oompletey u if all of ~he sa~d wms of money were oriyinally st~pubted to be paid on such day, anythirg in said p~omissory note or in tha MortyaQe to the contrary nWwiths~anding; and ~hareupon or thcreafter at tM option of said AAORTGAGEE, without naic~ or demsnd, wit at Iaw or in pulty, t1?srdors or thereafier begun, msy be prosecuted as if ail mone~rs a~ar~d hereby had matvted prio? to in irotit~rion. 7. thst in tl+~ event tMt at the beginninp of or ~t u~y time pending any wit vpon thq Mo.tgage, a w forecba~ b, or fo reform it, or to ~nfwu payment of any da'~ms hereunder, s+id MORTGAGEE sh~ll app.y to the Court h~ver~ jw~sdiction thereo! ia tM appointment of • Receivat, wch Courf shall forthwiM ~ppoint s rcceivsr of said mortqsged property all and sirgulu, includ~rg all and sirgubr tM incnme, profip, issues and reve~wes from whatsver sourte derived, each and every of which, it beirg sxpreuly understood, a hereby mortgaged at if specifically set fwth and datnbed in th~ prantirg snd habenclum davses hereof, s~+d such Receivar shall have atl the brwd and effective functans ~nd powen io anywise ent~wted by e~ou~t ro a Receiwr, and such sppointment shsll be m+d~ by wch Cou?t ss ~n admitted equity and a matter of absolute riQht ro said MORTGAGEE, ~nd without nference 1o tM ~ adeqvacy a in~deq~scy of- the wlue of the prope.ry mort~sged w to the wnrency a insolvency of said MORiGAGOR « the defendann, and that such renrs, profin, incane, iswes u~d revenws shall b~ applied by such Receiver ~coordinp to fha lien or equity of said NWRiGAGEE and ths practice of s~ch Court. 8. To duly, P.o~ry «~d fi,iy ~o~,,, discharpe execv~e, effect, oompkte, comply virith and ~bid~ by dach ~d awry the st~pulations, a~reeer~ts, conditam and covenants in s~id promissory ~ote and this mort9sge ae~ fwth. 9. That in the cvent the awnenfiip of ths mortyped pramises, w+ny part tF~ereof, beoomes vested in • peroon otlter tFun tht 111{pRIGAGOR, t1» MORTGAGfE, Fn wccesso.s and suigns, m~y, wi~hout norice to the MORTGAOR, deal with such socceswr or wccessor in &~terest wEth reference to this mwtpage and the debt hereby secwed in the sur~t mamer is with Mortgagor withaut in any way vitiatieg .w dischsr~iny the Mo~qspors' liabitity htre- under w vpon the deb~ hereby secured. Na sak of the p.emises hereby mwtgayrd and no forbesrance on the p~n of the MORTGAGEE w ib wocessors or assigm and no eztcnsron of the time for the piyment of the .dcbt I+ereby secured ~iren by the MORTGAGEf w its svcussas or asipra, sh~ll operat~ ro rekase, discharye, modify cF~sng~ or sffed tM oriyin~l liabi(iry of the MORTGAGQR herein, ather in vrhole or in pxt. 10. It is ~fical spec' ly agreed tMt time is of the rucnce of this eontract and thst no waiver of any oblig~tion herarnder a of th~ obliQation sa cured hareby sh+lt st ~ny time thereafter b~ heJd to be a waiver of tM ternu hereof a qf the iratrwnent secwed he~by. 11. In addiYw.~ to fhe forego:ng monthly ,ras-~ments of princ:pal and interest reqvired by the promissory note secwed hereby, mortgagor eovena~tt and agrees to pay to mortgagee with e~ch mont6ly payment an sdditior?~I sum estimsted by mwfgagee to be equa! to 1/12 of the~ an+wal coat of the follow- ing: . _ • . A-AO real property taxes kvied w assessed against the sbove described real est~te. B-Premiuma o~ fire snd windstam irqvranoe u herein requ~red ta be carried on the imp~ovemenq sitvate an tl+e sbove_ desaibed premises. C-Premiums on such morigage gwranty inswar~ce as mortgagce shsll from time to time deem fif to carry on the losn secv~ed hereby. Al~wtgagee shalt from time to time ~otify martgsgor in writir?g of the amount dve snd payable hereunder and such wrr. shall the?eupon be due and paysWe on the due date of the next monthly payment and each auccessive month thereaher until mortgsgee shall notify mwtg~gw of a chanpe e~ wch amount. Such sums sRafl be applied by morfgayse towsrd the p~ynxnt of reat prope~ty tt:es, kav~ance prem:vms, and mo~fpaps guaranty ir?wruxe ' premivrru. . IN WITNE55 WHEREOF, t e sai RTGAGOR has hereunto set his hand and seal the day ye fi afor ~ ~ Si f~~ e m 1h~ ptaseno~ Of~ ' r ~ ~ • FILED AND RECOROED` ~ ST. LUC~E COUNTY. FLA. ~ ~ti:Cn~~u ~'~RlFtEO ~ ~Q3~ ~ rs..n v STATE OF FIORIDA LucIB ~P 29 AM I I: 09 COUNTY OF ~ ~ ~ ~„a„i~y Patrick N. D~, Ann l~ e C. Duval ; i 0 G E <<'~r his wife, ro me wett known ,nd known ro r.~e a bs the iridividwb dewibsd fn and who executed ths for , ledy~d bsfore rn~ that tF~ey executed the same fw ths pvrpwes rr~~ .~.~a. a~a n e . va wife of the said P~triek N. Duval ~ipon a Mpawt~ ~nd priv~N exuninatwn by me take~ sepuate and aput from ~ said MrsbsrK! adu~owt~ed to and b~fon n~ that she exetyted said intrrwnsnt freelr ad ra{wr rarily ~vid wirlwvt any compulsion, cantnin~. ~ppreiwnsior~, or fea? of or from her saW husb~nd. ~ . - , W17NFS5 my harod and official ...i ~,~n~b d.~, ~ se teaber ~ ` ;i?: ~ip~ . ~ ~.~-.t ~ - ' l-'~ ~:i- Nobry Publk in aed fw th~ 5pt~:of Ekrrid~ larb'a, ~ Jtetum Ta . My Cawnission ~xpires: { ~ ~ ~ ~ - ~ .7 h~ Flrst Fadenl Savinps 3 loan llssoeistioe+ ` - Of Port Pierce. 4\~ ' ~ _ - Fort Pierce. Fbrida _ ' y'' ` • . . - . ~r'•i,` _ . _ . This Instrument Prepared By J. O. Chagtain First federal Savings d~ loan Assoclation ~ of Fort Pierce s Flozida Checked By . - 800K 1~ Pa~ ~ ~ ~i ~ . - ~ _ .s. . _ - _ ~ :