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Home My WebLink About1347 t ~7 ; 1 . 3. To pl~ ~nd contim?ously k~ep oe ths buildinys now ar M?~+her ~iiuat~ on said land and on all eqvipnn~nt ~nd p~rwnally covaed by thii mat~ +p~, with ~11 prtmiums ihereon paid i~ full. tin iniu~+nct io tht wwt sqndard policy fwm, in • wm approved by tht MORTGAGEE, a~d windttam inswu+u ie t!w uiwl ~~u~dud policy form, in a s~m ~pprov~d by tl+~ MORTG~?GEE. in wch companY o< <w^P+^i+s +s ~F» MORTGAGEE may dincts +nd at! fin +nd w~e~duwm i~uurana polic~+s on a~y o~ a~d b~+ildinp~, +ny imerQ~t th~r~in or p+h ~Mreof, in Ihe aygre~~M wm afort~aid or in ~xcess therwf, ~hall contain tM uswi standan! mort~age~ clws~ a such o~ha claus~ u tM Morlpape~ m~y ~eq~~n. m+kug tM bu u~+de~ uid poli~ ci~s. each and eve~y. p+Y+bk ro ~aid AWRTGAGEE ~s ia interest may app~u. and each +nd ~wry such poiity shall b~ prompNy au:yned u+d delive?ed ~o u?y heW by said MORTGAGEE a~ fuNher sccuritp to s~id mortpap~ dsbt, snd, nW ku tM~ tsn (10) dap in adw~ of tht ~xpir~tion of each policy, to d~- liv~? to asid MORTGAGEE a rensw~l thereof, tope~hN with a nc~ipl for tM pr~mium of svch ren~wal; ~nd the~~ shal{ b~ no firt o~ windilwm inwranu plapd on u+y of said buildings. ~ny interetl therein ar psrt tM.wf, unleis i~ tM form and with tM lou p~yabk ~s ~iw~uidt u?d in tM tvem ~ny wn+ of maMy becwnes p+Yabl~ u~dar wch policy a polia~s s+id MORTG/?GEE sh~ll haw tM option ro ~eceive and +pply tM s~rt~ on ~cca+nt of tM l~bted- ~xu secured FKreby a ro permit said MORTGAGORS ro naiw and us~ it or any parl thereof fo~ othe~ purposes, w~~hout the~eb,r waiviny a unpai.- inp ~ny eq~ity. li~n or ri9ht under or by virtw of this mortp+y~t and in tM ~vent said N10RiGAGORS th~ll fw any r~~son fsil ro keep ths s~id premis~s so i~uured. or faii 1o d~live~ promptly ~ny of s~id policiet of insvranc~ to s+id MORTGAGEE, w fal! promptly ro pay futly any pe~nium therefw w in u?y respect bil to pKfwm, d~xMrpe, sxecute effM, complN~. comply with and ~bide by this tow~+nt, or any part hereof, ssid MORTGAGEE m~y p1~ce ~~d paY fa wch lnwrance or ~ny put thsreoE without w~ivinp w affectinp snY option, Uen. equ~h?. a right under or by virtw of this Mw~~ap~, and tM fu!I amo~M of esch and every such payment sh+ll b~ imined+ately dw ~nd payab~a and shall bau interat from ths dat~ thereot until paid th~ ~ab ol nine per ccntum per snrwm and together with wch intaest sMll bs securcd bv the lie~ of thi~ maty+pe. 1. To p~rmit, commit or s~Har no wut~, impaumcrtt w deterioration of said prope~ty or ~ny p+N thKeof• S. To pay all and sirgulu the costs, clw~as ~nd ~aPanaes. indud+^p + reason~ble ~ttorn~y's fee and cosn of abstrscta of title, incuned a pa~d at any time by sa~d MORiCzAGEE, becavse w in tM event of ths failure on th~ part of th~ said MORTGAGOR ro duty, promptly aed fvlly perform, d~ichary~; execvte. ~ffect, compkte, tompty with aod ~bide by sach and e'rery the stipulatiom, ayresmenta, conditions, a~d covcnants of isid promiuory note and tha mortyap~ any w ei~her. and ssld cous, diarpes and expeos~s, eacl+ snd every, shsll be immediately dve a~d psyable: whe~her or not tl+ere b~ notic~ dr msnd, anemp! ro colkct w wit pend~rg; and the fvll amount of each aod svery such psyment ~II bear interost from th~ date thereof until p~id at ihe rate of nine per tentum per ~rowm; and all said_aost~ chuyes u+d exPe~aes ina+rred or paid, together w~th wch iot~rest, sMll b~ atcured by the li~n of this morfyap~• b. Th~t (s) in tM evem of any breach of this Mortyap~ w default on the part of the MORTGAGOR. or (b) in the event +nY of ss~d swns of mon~y herein refe?red to be not prompNy and futly paid wi~hin thirty (30) days nsxt afte. the same sevaally becane due s~d payabk, without d~mand w notic~. or (c) in the eveM each and every the stipvlatioro„ agr~emants, conditions u~d wven~nts of said promissory ~ote ~nd this morl~a9e any w ather ~n ~w1 iufy. promptly and fully perfamed. d~scharged, ~xecvted, effected, cornpleted, complied wi~h and abide~ by, tM++ in e~ther w any s~ch ~vent th~ s+id a~ greyat~ svm m~ntioned in said promissory note then remaini++y unpaid, with interesl uuued, and a!I moneys secured her~by. shall becom~ dw ~nd paY able fathwith, a thcreshe~, at the option of uid MORTGAGEE, as fvtly and completelY as if all of tF~ said wms of ma+ey were wgin~lly stipulated to be paid on s~ch day, a~ything in said promissory noM w in this Mort9aye to the contrary notwithstanding; a~d thereupon w thereafter ~1 tM option of zaid MORTGAGEE, without notice a demsnd, wit st law or in equity, therefore w the~eafter begun, msy be proxcuted q if alI rtwrnys secvred heroby had mitwed prwr ~o its irufitution. 7. That in the evenr that at the be9'~nnirg of or at sny time pendiny sny wit vpoa thit Mortgagc, or ro fweclos~ it, or to refwm it, a to snfwp payment of any claims hcrevnder, ssid MORTGAGEE shall apply ro tM Couh hsving jurisdrctio~ thereof iw the appo~ntment of a Receiver, such Cowf sMll forthwith ~ppoint a receiver of said mortp+ged pro~tY a~~ +~d sinyular, includmy all and singular the inton+e, profits, iuws snd reven~as from what~ver socirce deri+red. ~ach and every of which, it beinp sxpressly ~nders~ood, a F+e~eby mortgaged as if spcc~fically set fath and dex~ibed in the ~ra~tinp and habendum dauses hereof, snd such Receive~ shall have ~II ths b.oad and effective fvnct~ons and powers in anywiu ent~vsted by ~ Coun to • Receiver, and •uch appoi~tment shall be made by such Court as an admitted equity and a m~tte? of absolute riyht to said NIURiGAGEE, ~nd without refereoce to tl+e . adequacy or ins~equscy of fhe vslue of the property morty+ged or to the wnre~cy or insolvency of uid MORTGAGOR or the defendan», ~nd thal s~+ch renrs, profin, income, iuues and revenues shall be appiied by such Receiver accordinp to tM i'~sn or puity of s+id MORTGAGEE and 1he practiu of wch Ca?r?. 8. To dvly. promptly and fully perform, dncharg~. execute, effect, oornplete, comply with and abid~ by each and evay th~ stipulations, apreen?eets, cond;t;or?t and coven~nts in said promissary note ar?d this mortgsge set forth. - 9. That in the evenf ~fie ownarship of the mortgaped premises, or any put tF~eof, becon+ea rested in a person ethe~ than the MORTGAGpR, tFy MORTGAGEE, its successon ~nd assigns. maY. wirhout notice to the MORTGAOR, deal with such wuessw w uxcessor in interest with roferei~ce ro this mortgswe a~d tFx debt heroby secured in the ssmt manner u with Mwtg+go? without in any way vitiatiny o? dixhsrying the Mortyagors' liability hera under or vpon the debt hereby searred. No ssk of the premius hereby mortgaged +nd no forbearanee on tM part of the MORTGAGEE o. in suaeuo.s w suigns and no exrens~on of the timx fw the payment of the debt hereby secured 9iven by the MORTGAGEE w in successors a augm, sh~ll opuat~ ro release, discF~arpe, modify change or affect the wigin+l liability of the MORiGAGOR here'm, either in wFala or in put. 10. It is specifically ag.eed that t~me a ot the essente of this consrsct and tMt no waiver of any ob!'~gatan hereunder o? of ths_obli~ation sa- cvred heraby sh~il at ~ny time thereafter b~ heW to be ~ waiver of the terms hereof w of the instrumeM secured herby. •I 1. In addition to tF~e iwego:ng monihly payme+~ls of princ pal and interest reqvired by ihe prunissory note secured hereby, morfgsgor covenanb and agrees to pay to mortgagee with each monthly paymeM an ~ddirional sum est;mated by mortgagee ro be equal ro 1/12 of the annval cost of the fdlow- ing: • A-All real propehy taxes levied w asxssed against the above deuribed resl est~te_ ' B-Premiums on fire and windstorm insurarste at hcrein requ~red to be tarried o~ the imptovements situate on the above described premiies. I C-P~emiuma on such mortgags gwronty inswance as matg+gee shs~~ from t~me to time deem fif to u?ry on the ban setured hereby. ~ Mortgagee shall trom time ro time notify mo~tgagw in writ~ng of !he amovnt due and payabfe hereunde~ and such wm shall fherevpon be dve and payable on the dve date of the ~ext monthly psyrrKnt and each succeuive month thereafter until morigsyee shall notify mortgaga of a chanpe in such j amount. Such sums sF:all be applied by mwtgagee toward the p+yment of real property b:es, inswance prsm:ums, ~nd mort9ayt 9wra~t~r insw+noe p~emiums. - IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto sef ha hand u?d xal ihe day snd year fi t aforesaid. - r~ecl, sea , de • in d+e presance of: FILED AND RECORDED ~ ~ ST. LUCIE COUNTY, FLA. ?r. r~~.^,~ ~,r~1FIED ~ ~ 184309 ~ '69 OCT I S AM ) 0: I S ~ . ~ STATE OF FLORIOA L _ / sr. wciB ~ ~ couNNOf n-.r•- ~~T ~fa~ ~ ~i~y John~T~~~tx~~~~ Jphn L. Mattin MazY L. Maztin his wife, to n,e wen known .nd known ro m. fo w the individwb described in and who sxecut~d ths for instrwr~n, and ~c]enowledaed b~fon ms ti~at they executed tM sam~ far tM pwpos~s ,r,~.e~ e~.~d. a~a tt,~ ~s?ry L. Ma~rtin W~fe ~ t~ .,d John J. Mart n, a k a John L. Mutin ,~,d ezamioaYan by me tsken sep~rate and ap~rt from her said hvsb+nd, ~du~owkdped to and (»for~ me that she exec~ted wid iratrvrntnt h~ely ~nd voluo- ~arily and without any comp~lian, cantr~int. ~ppreh~ns~ f~sr of or from her said Fwsband. WITNESS my h+nd and offkial s~sl thia ~ y ~y OCtOb@I D. 19 69 Not~ry ic in and fo~ tM » of Florida d ~ My ~w~ ~~_C, ip6 Retum Ta. Fint Fadsrd Savinp~ a loan Auociation I~t~,'Y S~t~,, Of Fort Pierce. • ;.i ~ - ~i;; ' ~ ~p~~~ ~ ~ ~ ~ Fort Pieres, flwida ~ ~r~~~'.•~'"l ' ~~yre~~~~ ~ 6~ ~n . J~, ~ . q Q . ~ ~ ~ c~e~iec f~ ,.t ; '~'Q' 'Q ~ ± L 2'~'~ • ;~+,i-, This Instrument Prepared By John W. Collins s~ . ~ ; ~ _ First Federo) Savings b Loan Association ~ ~ ~ - • of Fort Pierce ~ FloYida '•,jp ~~~~~4: ~ c`.~. Checked By - ~~~~~is~?~~~;:'~ goox ~$0 ~344 ~ ~ : C~ _s; . - ~ ~ A`:~~~:~ , F _