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Home My WebLink About1635 3. To plx~ and cuntinuousiy keep a+ the build~ngt ~ow a hereafta utuat~ on sald isnd and on all equ~pment +nd personally covered by ~hit matQ- ig~, with all premivms thereon pa~d in fuil, fir~ insu~ance ~n the usual s:andard policy form, in a aum app+ov~d by tha MORtGAGEE, an~ winds+orm insur~nc~ i~ the uswl standard pol~cy tam, in a sum app.oved by ~he MORTGAGEE, in such company w compan~ei ai the MORTGAGEE may direct; a~d all fi~s and w~ndsto.m insu~anc~ pol~ues on any of sa~d build~nys, +ny interait the.ein or pa~t thereof, in ~he aggrepate :um e(aesaid or in s:ceu Ihe~eof, ~hall contain the usual stand~rd mortgegee cl~us~ w iuch o~her ciauu as tM Mortyagee may rtq~~re, ma?in9 the loss under ~a~d polF cies, cach and evcry, payab~e ro said MORTGAGEE as its ~n~ere~t may appear, and each and every such policy shall be prwr,pt~Y +ss.gncd and detivered ~o ~ny hsld by said MORTGAGEE ~s iurther tecv~ity to said mortgage dabt, and, not leu than ten (101 days in advance of ~he expiratiw? of each policy, to de- I~vK to iaid MORTGAGEE a renewaf tlxreof, to~ether with a receipt fw the prsmium of tuch renewal; a:~d ihere shall br no i~re or winds~orm insurance ptaced on any of said buildings, any interest therein w p+rt thereo(, unleu in the form end with Ihe lou payable as aforesald; and i~ the event any tum of ma~ey becanes payable under such poliq a policies iaid MORTGAGEE sh~ll have the option ro receive and apply ~he ume on accovnt of the indebted- neu secured hereby o~ ro ptrmit said MORTGAGORS to reteive and uss it w any part thereof fot othcr purposrs. .v~thout th_reb/ waiving or ~mpair- inp any equity, lien or right under or by virtve of Ihis mwtyage; and in the event u~d MORTGAGORS shall fw any reason fail to keep the said premius so insured, or fail to deliver promptly any of uid policies of insurante to said MORTGAGEE, w fail p~omptly to pay fully any p~em~um therefw u in any respect fail ro perfam, discharge, execute, eftetl, complete, comply with ~nd abids by this cove~ant, or •ny part hereof, said MORiGAGEE may place a~d pay fa suth in~urance w any part the~eof without waiving w ~ffectirq any option, lien, eqvity, o~ right under w by virtue of this Mortgage, and tF?e fuli amount of each and every such paymero shal) be immediately due and pyable ~nd shall bear intcrest from the date thereof until paid +t the rate ol nine per centum per annum and to3ether with such interest sha~l be secured by ~he lie~ of this mortgsge. 1. To permit, commit or suffer no w~ste, impai~ment or deterioratio~ of said propcrty or any part thereof. 5. To Pay all and singulu ths costs, cMr~ees and expenset, including a ressonable anorney i fee and costi of abstracts of title, incur~ed or paid at s any time by said MORiGAGfE, because or a? the event of the failure on the parl of the said MORTGAGOR to duly, promptly and fully pe~fam, d~scharge, execute, efiett, complete, comply w~th ar~d ab:de by eacl+ and every the stipulst~ons, a9reements, tonditions, and covenants of sa~d promissory note and this mortgage any a either, and u~d cosrs, chargd snd expenses, each and every, shall be immediately due and psyable; whether w not there be notice de mand, attempt to co:led or suit pcndir?g; and the full amount of each and every such paymrnt shall bear interest from the date thereof until p~id at the rate of nine per centum per an~~um; and all said costs, charges and expenses incurred or paid, togelher w~th such interesL shall be seturcd by the lie~ of thii mortya9e. ~ 6. That in the e~ent of any breach oi this Mortgage or defaulf on the parl o( fhe MORTGAGOR, or (b) in the evEnt any of sa:d sums of money herein referred to be not promptly and fully paid within Ihirty (30) days next after the same severa~ly become due and payable, withoul demand or notice, or (c) in tt?e event each and every the :tipulatio~s, agreements, cond~tions and coven~nts of sa:d promissory nofe and th~s mortgaqe any or either are not ~uly, promptly and ful:y performed, d~uharged, executed, e~fected, completed, complied wifh and abided by, then in e~ther w any such event tF?e said aQ gregate sum mentioned in said promissory note then remai~ing unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay~ able fwthwith, or tF+ereafter, at tF?e option of sa~d MORTGAGEE, as fully arcJ compte~ely as ii all of the said sums of money were or~ginafly stipulated to be pa~d on such day, anything in sa:d promissory note or in this Matgage to the contrary notwi~hstand~ng; and thereupo~ or thereafter at the option of said MORTGAGEE, w~thcut not~ce a demand, suit at law w in equity, thereForc w thereaf~er begv~, may be prosecuted as if all moneys ucured hereby had matured prror to ~ts institution. ' 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, w to fweclose it, or to refxm it, or to enfwc~ payrrKnt of any claims he.eunder, aaid MURTGAGEE shall apply to the Court having jurisd~ct~on thereof ior the appo~ntment of a Receiver, s~ch Cw?t shall forthwith appoint a receiver o( said mwlgsged prooerty al) and singular, includ~ng all and singular the income, prof~ts, issues and revenues from whatever source derived, each ans! every of which, it being e:pressly understood, is hereby mortgaged as if speuiicatly set forth and dewibed in the g~anting and habendum clauus herrof, and such Receiver shall have all the txoad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and su:h appointment shatl be made by such Cou:t as an admitted equ~ty and a maner of absolute right to said MORiGAGEE, and wi~hout refere~ce to the adequaq or inadequacy of the value of the prope?ty mortgaged or to tFx wnrency w insolvency of said MORTGAGOR or the defendants, and that such rents, profits, incane, iuues and ~evenues shall be applied by such Reteiver sccording to the lien ot equity of ssid A10RTGAGEE a[~d the practice of such CouA. 8. To duly, promprly aod fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenants in said promissory note and this mortgage set forth. 9. That i~ the event the ownership of the mortgaged premises, w any perf thcreof, betornes vested in a penon other than the MORTGAGOR, ths MORTGAGEE, its successors and auigna, may, without notice to the MORTGAOR, deal with such succeuor a successor in interest with reference to this mortgage and the deut hereby secwed in the same manner as with Morty~gor without in s~y way vitiati~g or discharging the Mortgagora' liability herr 1 under or upon the debt hereby secured. No aale of the Fremises hereby mortgaged and no forbearance on the pa?t of the MCRTGAGEE or its sutcessors ; or auigns and no eatension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ w its successors ot assigns, shall operate ' ro release, diuhargq modify change a affect the oiiginal liability of the MORTGAGOR herein, either in whole or in part. i 10_ It is specificalty agreed that time is of the essence of this cont~ad and that no waiver of any obligdt~on hereunder or of the obliystion se- cured hereby shall at any time the~eafter be held to be a waiver of the terms hereoi or of the instrumem secured herby. 11. In ;dd~tio~ to the fwego:ng monthly payments of princ"pal and interesl required by the promissory nore secured hereby, mortgagor tovenants and agrees to pay to mortgagee Mith each monthly payment an add~~io~al sum est~mated by mortgagee to be equal to 1 j 12 of the annual cost of the foltow- ing: A-All reat property iaxes levied or assessed against the above described real estate. • B-Prem~u~ns on fire and wi:tdstorm insurance as herein requ~red to be carried on the improveme~ts situate on tF~e above desuibed premises. ~ C-Premiums on such mrutgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. t ~ Mwtgagee shail from t~me to time notify mortgagor in writing of the amount due and paysble hereunde? and wch sum shall thereupon be due and ~ payable on the d~e date of the next ~nonthly payment and each successive month tMreafter urtil mwtgagee shall notify mortgagor of a change in such ~ amount. Such sums sha!i be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance ~ premiums. L IN WITNESS YJHER~Of, the said MORTGAGOR has hereuoto xt his hand and seal the day a year first a?oresaid. s~~a, s~ai~a a deliv ~a t~ a~~~ or: FILED AND RECORDED ' a~~ a,t.l ~~~p••~ ST. I.UCIE COUNTY. FLA. R=:CO?^ VE~IF!ED a~ ~ -LV~ ~ ~li~ ~sean ° rse.~ . '69 DEC 10., A~~ 9 : ! TATE OF FLORIDA I,~C C~~~ ST WCIE ~ ''v ' couNn oF • ' ~6 ~ti~i~lems ~ ~ Before me personally appeared and .~O~il C. Willeas T his wife, to me ~~rell known and known to me to be ~ ~8 the individwls desvibed in and wFa e:ecuted the fwegoing instrument, and ackngyvle~g ms fore me that they executed the same fw the purposes r?x?~~~ ~x~.~~d. a,d rr~ ~~J Joan C, VIT~11 { wife of the ssid Donald .1. Willens upw~ a sep~rate ~nd privat~ ~ Examinatwn by me taken separate and apart from Fxr said husband, acknowledgcd to and befwe me that she exetuted said instrvment f~eely and volun- ~ ~ rarily and without sny compulsion, constraint, apprehension, fear of or from her said husband. ~ ~ WITNESS my hand snd official seal thi day of 1vOV6~@! A. D. i9 69 _ ~ ^ ~ a ~ ~ ~ ~-~i[i~9~~ • Notsry Public in and for the State of f{orids ~t larpe • My Commisiwn expires: ~ Retum Ta - - .4:~N~~tet~~~,, ~ , pOTARf PUBLiC, SiATE Oi FLpg~pA AT (AR4E ~ Fint feder+l Savings 3~oan Associat~on " !~'~;~yn/ COMMISSION EXPIRES SEPT. 23, i77$ ~ Of Fort Pferce_ - • " % ~D~ F~ : ~ - rw a~sr~ ' Fat Pierce, Florida . L7 • ~ i - ~ _ - ~ ~ u yG ~ ~ ` R~cFn~n j ~ " ' : ~ ~ ~ IM PAYMENT OF TAXES ~ This Insirumenf Prepared By John W~, ~Oll~l'fi~' DJE CN CiA,;S ~C ~NTpNGlBLE FE.'tSCMAL p,'20pERjj~ ~ PC.:S:;Afti 10 CY.AP;~R . 2012G. ACTS Of 1941. . First Federal Savings b Loan Association ; f-~' FOGiR POITF,~S Clerk Circuit Court ' ~ of Fort Pierce~ Florida ~ ~ c. ~ as Agc~t tor DANIEL N. KNOWtFS, JR ' ~ Checked B ~1.~-- - ~ : ~ ~ ~ ~ St Lucie Cou.,rj Tax Collcctur ~ Y OR ~j ~ ~ ~ _ BOGK ~01 PAGE~6u~ ~n ~ J ' ~ ~ ~ = r~ ~ _ - - _ b~, .a-. _ a,. _ _ . • ~---~:~s