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Home My WebLink About0716 ~ ~ To pian snd continuou~y kNp on tM buildi~ps now or h~r~aha 4twtt on iatd land and on sll eq~ipment ~nd pNSO~ally covKed by lhis mat¢ •q~. with dl pr~+ni~ms thereon pa~d in full, fin iniur~nc~ in th~ ~iwi sqndard palicy form, in • ium approved by ths INt7RiGAGEE. and windstorm iruwar~ in tM vswl t»ndard poGcy fam, in a wm approv~d by ~M MORTGAGEE, in wch company a comp+n~es as ~M MORTGAGEE may dindt ~nd ~II f'u~ ~nd wind~torm ir?surana policies on any of s~id buildirp{, ~ny inter~ft thsrai~ w part Ihereol, in tM a~yre9at~ wm ~fonsaid a in ~:c~ss therwf, :hall contai++ ths uswi it~ndud ma~pa~ clavs~ a such o~hs~ claui~ as tl+~ Mortyapee may rpuws. makinp ~he loss unds~ ta~d po1F cies, tach and ~very. p+Yabk b said MORTGAGEE as its intere~t n?iy ~ppear, u+d e+ch +od evaY such policy ~hall b~ promptly ~ss:yned and dtlivKed to ~ny Mld by iaid MORTGAGEE as further tesurity to ssid monps9~ debt, a~d, no~ leu ~M~ ten l10) days in advanc~ of tM ~xpiration of each pol~cy, to dr liw~ to s+id MORTGAGEE ~ renewsl ~l~ereof, topNF?w wlth a rete~pt fw the pr~mium of svch renewal; and ~here shall be no f'ue w windslwm i~uwanc~ plaad o~ ahy of said bvitdings, any interat ther~in o? p~rt thereof. w+leu tn ~hs fwm and with tM lou payable u~(aesaid: ~nd in 1M ~wnt any wen of nwnsy becomes paYabte v~de~ such policy or polici~s s+id 1MORTGAGEE shaii haw the option ro receive and apply tAe s+a+s on accow+t of the ind~btsd~ nets secured ht~eby w lo pe+mit said MORTGAGORS to teteiw and uN if or any parl thereot fw othe~ purposes, without thsreb/ waiviny w impair- inp any pv;ty, lien w.ight under or by vinw of this morty~ye; ~nd in ths event w~d MORTGAGORS shall fa any ?eawn fail to keep tM said pr~mises w insured, a(ail fo dtliver promptly ~ny of said policies of inwru+t~ ro ssid MORTGAGEE, or fail ptomptly to pay fully ~ny premivm therefp a in anY ~~spsct fail to pafwm, diuhuge, execvte, ~ffect, complete, comply with s~d abide by this covenant, w any par~ haeof, said MORTGAGEE may pl+ce and pay fa such insurance or u+y part thersof without w+ivi~p or ~ff~ctirg ~e~y option, ti~n, eqvity, w righ~ ~nder w by vihw of this M1o~tpaQ~, ~nd th~ full amount of each and ~wry s~th payment ~hall be irnmediately dv~ and py+bl~ and shall bear interest from ths dah thereof w?til paid ~t tM rat~ ol nine pa ce~tum per snnum and toge~her with such i~terest sMll be secvred by ths lien of this mort~~. To permil, tommit or suffer no w+ste, imp~irment or deterior~tion of said property or +ny put thereof. S. To p~y all and sinpular the coats, chup~s +nd expe~ses, includiny a reasansbte attwney's fee and cos~i of ~bstrscts of title, ie~curred or psid ~t any tune by iaid MORTGAGEE, becavss or in th~ ~vent of ths failuro on ~he p~rt of the ssid MORiGAGOR to dvly, prompdy and fully pcrform, dwcMryR sxecut~. effect. complet~. aomplY w~th and abide by ~ach ~nd every the stip~detions, agreements, conditions, and covenants of said promissory not~ snd this mo:ty~pe any or ei~her. and s+id costs, ch+~9es and expenses, esch ard every. sMll be immedlately due and payable: whether or not the.e be notic~ d~ mand, attempt to coUect or s~it pend~ng; ~+d ths full amount of each and every svch paymeM s1»II bear interest f~om the date thereof vntil psid ~t th~ rate of nine per centum per ~ruwm; and all said costs, charpes snd expenses inarrred or p~id, together wish such interpt. shall be secured by the lien of thu mat~a~. . . 6. ih~t (a) in th~ eveM of s~y bresch of this Mwt9aQ~ w default on tM part of the MORTGAGOR, w(b) in the avent ~ny of sa~d sums of money herein referred to be reot promptly and fully paid within thiAy (3p) days nexl after the same severally become due +ad payabie, without demand a notice. or W in the eve~+t each and eve?y the stipulations, ~greements, condiYrons ud coverona of said promiuory note and th~s moregage u~y a either are no1 iuly, promPtly end fvlly perfwmed. d~scharged. ~z~auted, effectcd, tompleted. complied with ~rxl abided by, thea in tither w any svch event tM said ap~ gregate sum mentionad in said promiuwy note then remaining ~npaid, with interest xuued. and all moneys secured t~ereby, shall becane dw and pay- abte fathwith, or thereafter, at the option of said JNORTGAGEE, u fully snd completeiy as if atl of the said wms of money we~e aiginally stipvtated to be pa~d on such day, anything in said promiuory note or in this Mortgsge ro the conu~ry notwithstanding; and thereupon or thereafter at tM option of sald AM1ORTGAGEE, without notice a demand, wit at law or in equity, therefwe or t'xreaher begv~+, may be prosecuted as if all eaneys secvred I~steby had matured prar to its institutioi?. ~ 7. TF?it in the event thst at the beginr.ing of w st any time pendi~g ~~y wit upon tbis Mortgape, w to forecbse it, w to reform it, or to enfwc~ payment of any claims hereunder, said MORTGAGEE sh+ll spply to tize Coun having iurisdKiwn ~hereof fa ~he ~ppanrment of a Receiver, such Coun sh+ll forthwith appoint a receiver of said mortyaged property all a~d singular, inctud~ng all and singular 1F+e income, profits, iuues and revenves from wF~ateve~ wwce derived, each snd every of which, it beinp expreuly underslood, is hereby matgagld u if specificully set fath ~nd described in ths Srantinp and habendum clauscs hereof, and such Receiver shall Mve aU tl+e broad and effectiJe functions and powers in anywise entrusted by a Cou~t to a Rece~vsr, and such sppointmtnt shall be mode by suth Co~r1 u an admitted equity and a mattcv of absdute right to said MORTGAGEE, snd wilhout referen:e ro tFw adequ~cy. or inadequacy of the value of the property mortgsged or to the solvency w inwlverxy of said MORTCaAGOR or the defendants, and that such rents, profin, income, issues and revenues shall be applied by such Receiver accwding to the lien w equiry of said MORTGAGEE and the pradice of such Court. 8. To d~ly, promptly and fvlly perfwm, dixharge, execute, effect, complete, car~ply with ~nd abide by each and every the stipulations, agreemenb, conditions and covenan~s in sa~d promiuory nota and tha mortgsge set forth. 9. Thst in the event the ownership of tl~e mortasged premises, or any pan thereof, becomes vested in ~ person o~her than the NIORTGAGOR, th~ MORTGAGEE, its succeswn snd auigns, may, without notice to the MORTGAOR, deal with such s:xcessw w suu_essor in interest with reierence to this mortgage and the debt hereby secured in the tsme maruxr a~ with Mortgagw without in any way vifiating w discharging the Mortgagors' liability hert- under or vpon the debt hereby secvred. No sale of the premises hereby mortgaged snd no fabesrance on Ihe pan o! the MORTGAGEE w its waessors or sssgns and no e:tension of the time fw the payment of the debt Ixreby secured given by the MORTGAGEf w its successors a assiyns, sMll operat~ ro rekase, d~xharyq modify change or sifect the original liability of the MORTGAGOR herein, either in whole or in p~rt. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obligaYan herevnder or of tl+~ obli~ation se- cured hereby shall st any time thcreafter be held to be a waiver of the tmms hereof or of the instr~me~t secured herby. 11. In additan to the faego:ng monthly payrnems of princ:psl ar~ interest required by the pro+n~uory note secured Fxreby, rtwrtgsgar covenants and sgrees to pay to mortgagee with each rtwnthly payment an additional swn estimated by mortgagee to be eqval to 1/12 of the annual coat of tFa follow- irg: _ . A-All real property ta:es kvied er assessed against the above desvibed real estate. B-Premiums on fire and windstorm insurance ss herein req~~red to be carried on the improvements sitwte w~ the above d~suibed premises. C-Premiums on such mortgage guaranty insurance as mwtgsgee shs~l from time to time deem fit to carry on the bsn secured hereby. Mortgsgee shall from time to time notify mortgagor in writing of the amount due snd payabk hereunder and such wm shsll the:eupon be due and ~ payable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee sFwll notify mortgagor of a change in suth ~ amount. Such sums shall be applied by mortgagee toward the p~yment of real property tszes, inwrance prem:ums, and mortgaye gwranty inwr~nce ~ prentn?rM. IN WITNESS WHEREOF, the said MORTGAGOR has here~nto set his hand s~+d sesl the day and esr first afaesa' ~ ' ncd, Sea! ~d dd~ ~n x~e P?ese~ce of: FILED AND RECORDED n I ST. LUCIE COUNTY. FL . , ~ R~COR~; ~r= ~F~ED • ~n .l8381.~ ~ ~n '69 OCT 2 AN I~ : 02 ~ STATE OF FLORIDA ~ , $T . I.UC IB ss' counm oF Bsfore me penoe~lly appearad ROb RO~qU$t QQb~1~$ aed Graeie M. St. Clair ~~R COURf~ W;f~rto me well known and known to me to be the individwb dewibed io and wlw sxewted ths forepo~y~_aCryrtKnt_.~+~clcrwq~~~qd=before me that they executed tF+e ssme for ths pvrposes vz ie M L. i therein expressed. And the ssiiL w~(e of ths ssid ROb ROy St. Clair irpw~ • s~p~rat~ and priv~q examin~tion by me qken separate a~d ep~rt from her s+id hvsband, ~du~owledped to ~nd before m~ that sF~e e:ea+ted said imtrument freely and volwr tarily and without any compuliwn, oo~str~inf, ~pprehensia+, ot fs~r of w from her said husband. ~ ~ WtTNE55 my haod and officisl seal th:~ l•a~' d~y of ~o A. D. 19 69 ~ _ ~ Notsry P ic in and for the Sute of Fbrida at lup~ My isiion ~:pira: ~y y 7/ ~ Retum Ta. ~ : .z• • , ~ Firsf fedenl SavinQs 6 lwn /lssociafan ~tiisi " Of Fort Pierce. ~;t~~ ~~1~~ ` ('~p~ SU~! Of ~Of1di ~t V19! a?•: (,oeamissios 6~piras A~w. 6. 19T1 Fort Pierte. Florida ~V , ~ ~ ' . i ~ - . ~ : ~ `~j 4` M~si6~YdrH~iSaei?Lr b . = v:, . . ~ ~a ~ '.J - 7his Instrument Prepared By J. D. Chast~.~ First Federal Savings d~ Loan Association ' ~ ~ ~ ' a ' of Fort Pierce , Florida ~ - q/ v~~'~~..:... ''C`~ Checked By . 800K ~UV ~ . ~ 3.~ ~ ~ ~ : - ~ . , . _ . _ - 'h`fw'-~•:~ ~t~~~~'R~:.