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Home My WebLink About0531 S. To pl~n ~nd ca~t4wo~sly kNp on ~h~ buildjnp~ now w l~NhM ~itvaN on faW taod Md on alt equipm~nl and pe.sonaUy covK~d by this mata. ~0~. w~M~ ~II p~~miums tlwrwn p~~d in fvll, fin iesw~nc~ in th~ ww! ~unda.d polky fwm, In • sum approv~d by th~ MORiGAGEE, and winebtarn im~xw~a in ~h~• uswl ~~u+d~.d pol~ey forn~, in • tum ~pprovrd by ~M MORTGAGEE. ie weh eompae?y o~ eompani~s u ~1+~ MORiGAGEE may d'u~ctt Md ali (k~ and wind~arm inwraeu polici~t o~ a~y of aid buiWcnp~ any IntK~i1 tl~ein or pirt rhe~eof, in ~M app.eQe~~ wn+ ~tahafd or ~ tn txo~t ~h~r~of. ahall cont~b~ tFw vswl uw~dud n+aty+~ claus~ a ~uch ahN cla~s~ ~s tM MatppN may rpvu~. ma?inp tM toas v~ u~d poli~ ci~s. ~ach ~nd ~wry. paYabN a said MORTGAGEE ~s its in~ernt maY ~pp~. and ~ach and ~v~ry s~ch policy sMll b~ promptly au 9n~d aMd detiva~d ro ~ny htid by Nid M10itTGAGEE ~t (wtMr security to said mortyap~ deb1, ~nd, nw tps than tee (10) d+~rs in advanc~ of ~M expir~rw~ of ~ach policy, to dr liwr to said MpRTGAGEE ~ rMtw~l th~teof, lopethu with a rec~ipl fw tM p~mium ot such ~Mewalj and ~her~ shall bs ~o f~r~ a wind~twm inwr~nc~ p~aad an any of s+~d buildinps, ~ny in~erat tMr~in a puf thKwi, untsu to ~h~ fwm ~~d with tM bst payab~ as aforesaids and In IM ev~nt ~ny twn ~ oi mw»y b~e,yms p+yabl~ ~N+d~r wd~ policy w policws said MORTGAGEE shall Mw the option *a nceiw and apply ?he s+rn~ on acca?m o( the iodebtecl~ ~ ness sKw~d hN~by w to pKmit aid MQRTGAGORS ro nteiw uw! w~ it Or any part 1Mreof for othcr pwposes, wilhout thsreu~ waivi~g o~ anpair- inq any pvity, tien w rgh~ veder or by virte~ of this matQap~t Md {n tM ~vtnt Nid N10RTGAGORS thall fa sny reason fail to keep the ssid p~emius so irqund. or fai) b d~liva~ promplly u~y of said pol'~cies of imwant~ to s~id MORTGAGEE„ q f+il promptly to pay fully any premivm therefor or in ~ny r~spact fail ro paform, dixharge. ~a~cut~, ~ffM, compl~te, comply with ~nd abidt by tha covenanR a any par~ hereof, said MORTt',AGEE may place •nd pay fa such insu~anc~? ct? ~ny put tMnof without walva+p or ~ffMinp any optioo, litn, pvity. or riph~ u~der a by virtw of this Morfqays. ~~+d tM full ~mouM of cach and ~very such paymu?t shall M immadiately dw and pay~bl~ and shall be~r interest fran tM da~~ thereof ~ntit paid at th~ rat~ o! nine p~r ce~tum psr armum and toQethe~ wifh such L?teres! shall bs secured by tM lie~ of this matgage. 4. To p~rmi~, tanmit or suffer no waste, knp~irment w dNeraration of aa'~d properry o~ u~y part thareof. S. To p.y ~II snd ungulu the coab, ch~r~es a~d expenses, includinp a ras~ble ~ttwney s fee snd costs of abstract: of title, incurred w paid at eny tiins by said MORTGAGEE, becavse or in the ~vent of tM failure on the part of ths said MORTGAGOR ro dvly, prompNy ar+d fvlly peaforrr~, d~schaagR executs, effect, complet~, comply w~t!~ and sbide by aach ~nd every tl+e stipula~ions. sgreements, conditiona, ~nd covenants of said promissory note a~d this mut9~pe any o~ either, u?d said ~osts, d?u~es s~d expenses, each and every, ahall be immediatety due and payable: wMether a r+ot thc~e b~ notKe da ~ mand, attempt to collect a wit pendingt and the full amovnt of arch and wery wch payment shsll bes. inte~es~ (rom the date thereof vMil p~id at the rate of nine per car~t~m pet annum; and all said eosts, chuges and expenses ie~turred or paid, logether with such io~erest, shall be secu~ed by the lien of fhis ^'°rt~~• • 6. TMt (a) in the eve++t of ~ny bre~cli of this AAortya9e or default on the part of the MORTGAGOR, w(b) in the event any of sa~d swns of money hrrein referred to be not promptly a~d f~lly paid within thirty (30) daya next aftcr Ihe same severatly become due and payable, witlw~t demand w notice, or (c) in tM event each snd every the stipulations, agreemer?b, conditions snd covenants of said promiuory note a~d this mortgsge any w either are nof iuly, promptl~r arK! fulfy performed, d~scba~ged, executed, effected, compteted, compl~ed with and ab'~ded by, then in e~ther or any s~ch ewnt tM said ag gregata wm mentaned in said promissory note then remainir~g unpaid, with iMerest actrued, and all moneys secured hereby. shall become due and pay- able forthwitF~, Of tI1Q~NffN, at the option of said MORTGAGEE, as fv11y and completely as !f all of the uid sums of money we~e or;ginally stipulsted to be paid on such day, anything in said promiuory note or in this Matgage to the cororary notwithstsnding; and thereupon or thereafter at tfie option of said MORTGAGEE, without notice or demarKl; svit at law or in equity, the?efore or tF?ercaNer begun, may be proaccvted es if a!) money~ setured hereby had maturcd pria to its kistitution. 7. That in_ the eve~t that at the begi~ning of w ~t anr time pending any wit upon this Mwtgage, or to fweclose it, or to reform it, w to enfo?c~ payment of sny daims hereunder, s+id MORTGAGEE shall apply to the Courf having jwisdidion thereof for the appointment of s Receiver, wch Covrt shaU forthwith appoint a receiver of said mo~fgaged prepeity all ~nd sing~lar, inclvd~ng all ar~d singulu the income, profits, iuues and rovenues from whstever wures derived, each and evcry of wlirch, it beiny expreuly underslood, is heteby mortgaged u if specifically xt forth and desvibed in the granting and habendum dauses hereof, and svch Receiver thslt heve eTl. the broad and effective functans and powen in anywiu entrusted by a Court to a Rcteiv~r, and :uch appointment shall bc made by such Cowt as an admitted equity and a matter of absolute rght to said MORTGAGEE, and without reference to the adequacy w inadequacy of the v~lve of fhe property mongaged or fo the solvency or insotvency of said NtORTCaAGOR or the defenda~ts, and that such rems, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practica of such Court. 8. To duly, prampty and fuly pe?form, discharge, execute, effect, complete, comply with and abide by each and every the stiputations, agreements, conditio.u and covenants in said promiuory note and tbis mortgage sef lorth. ~ . a 9. Thaf in the event the owrKnhiA of the nwrtg+g~d premises, w any parf thereof, becomes vested in a person othec tl?pn the MORTGAGOR, the ~ MORTGAGEE, iri tucceuas aed .suigns, may, without notice to the MORTGAOR, deal with svch suceessor o? successor in iMerest with refer~nce fo this mort9age snd the debt hereby secwed i~ the same manner as with hbrtgagor withovf in any way vitiating w discharging the Matgagors' liability here- f under w upon the debt hereby secwed. No sale of the prerri~sea hereby mortgaged and no fwbearance on the part of Ihe MORTGAGEE w iri succeuws ' or augns and no extensan of the time ior the payment of the debt hereby secured given by 1he MORTGAGEE or its succeuws or auigns, shall ope~ate ~ 1o relcase dischsrge, modify chs~ge or affett the original liability of the MORTGAGOR herei~, eithe? in whok or in part. ~ 10. It is spauficaUy agrced that Yune is of tM euence of this contract and that ~o waiva of Arqr obligation here~nder or of the obligatwn se- € cvred h~eby shsll at any time thereaher be held to be a Kaiver of the terms hereof a of the instrument secured f~erby, i - I 1. In eddrtion to the forego:ng monthly payments of princ'pat and interest required by tht promiuory npte secwed hereby, morigagor covenants and agrees to pay to mo:tgagee with each monthly payment'an addit'wnal sum estimated by mortgag~e to be equal to 1/12 of tfie annual cost of the follow- "'g: . A-All real property taxes kvied a assested against the above described resl estate. - B-Premiums on fire and windstorm insura~oe as herein requ~red to b~ ca?ried on 1he improvements situate on the above desaibed premises. C-Premiums on wch mortgage gyarenty insvrsnce as mo?tgagce shall from time to time deem fit to carry on the loan secvred hereby. Mortgsgee shall from time ro time notify morfgagor in writing of the amount due and payable hereunder and such wm shall thereupon be d~e and g payab(e on the due date of tFe next monthty paymenl and each successive month thereafter urtil morigagee sha11 ratify mortgago~ of a cnar~e in such i amouot. $uch sums shall be applied by matgagee toward the payment of ~eal property taxes, insuror.te prem:ums, and mwtgage guaranfy inwrsnce f premiums. • ~ IN WR ESS WHERE , the said MpRTG R has hereunto set his hand and seal the day r' t af esaid. Sig and liv ! ~n esente of: n STATE OF FLORIOA ~ ~ ~ COUNtY OF ST • WCIB eefore me personally appeared J. D. L~~~=t and ~ 1t10Zet1C6 Mi?C18Z'y IA~?~rt his wife, ro me well k~wwn and known to me to be ~ the (ndmdwls described in and who execvted the fore9drg instrument, and ackrwwledged before me that they executed ths same foI the purposes ' rn~?~M .,u,?~a. a,a r~ R2orence Maclars? La~bert _ wiie of the said J. D. ~bQZt v a~ ~~tir ~ Prrv~tt ~ examinaYwn b me tsken se pa ~ y parate and a rt fram her said husband, atknowkdged to and before ms that she exearted sa~d~i ~ptJ'r~'"T.~is~ volvrf rarily ~nd witho~rt a~yr oompuliion, constrsint, appreFier~sion, qr fesr of or from her wid husband. . `~.•'`.tiy~ ~ : WITNE55 my hand and officisl seal thu day of ' - ,~c~~:. ` ~LX- . . FI - ~ _ : = ` ' •-r' '.,r = • ST. LUCi~ ~4EfM3Wk RieA~! f« ~±r,.~; ~ ~ ~ _ ~ Retum Ta . R C ~ R~~Jg'R~L°D °'cp"a° ~;~A~J~ r. ° ~ 3 ' Fint fedetil Savugs d. loan Associafion ~5460"~l ~f~ i i,~ Q'~;' ~ ; Of Fort P~erte. ~1,~ ~ ~ ` ; Fort Pierce, Florida ~TO J~!'~ ' S W7 IO ~ ' ~~;~~~4 ~ 371C • l~i•_ ,r. . ~ ~ '~Ov~P, r.~ ~ AS ~ " ~ This Instrument Prepared By Richazd K. KayQ~~RK CIRC COURT' ; First Federal Savings b loan Association ~~..rl ' of Fort Pierce ~ FloZida Checked By /~d~ ~ . eoox 185 PAGE 531 - ~ ~ - ~ _ , ~.t- > ~ ~ ~ ° ~ w _ . _ - ~a:-~ ~~.°~--.:.~,W~u m `~-s ~ ~ s .