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Home My WebLink About1409 3. To placi ~nd caui~ww,sly tNp on ~h~ bui~d,np~ now a M..,ta. w~vs~ on ud ~and .nd on .~I p„~++.~~ .Mi p.nonan~ co~...d bir ~h~s Tap~ q~, wi~h ~11 p~miu~.n ~hereon pud in tull. Iw~ imwarx~ ~n ~M vswl ~u~rd polKy lorr~, in ~~vm ~pp~owd by ~M MOR?GJ?GEf. ~r~d w~nd~~am I~wMw~t~ in NK wwl u~nda~d p.~IKY fan~ M~ s~wn +Pww~d by ~M 1NORTGAGEE. in wcl~ <o^~P~^Y a c.Mnpan:e~ a ~he MORTGAGfE ~y dir~clj and ~11 1i?~ and w~w.n~ inswant~ poficMS on ~ny ol ud bw4t~nps, ~ny M~re.~p tM.~in « pu~ tMrwl, in 1M ~pq~cp~?~ wm ~fa~a+id a in ~xtea tlKnol. ~MN con~~in ~M vswi u~ndMd ina~9pN clww a sucA WAa_clwN p tM Mat9pN may rpuu~. .n~?~np tM 1w~ undM ~~~d po14 cws, ~~ch a~d ew~y. p~rabt~ w said MORTGAGEE ~s ~ts inrs.~st m~y app~ar. ~nd ..cA .~+d ew.r svcA ponc~ •M11 b. pompuy ~N p~ed ~nd d~livr«d M ~ny Mid by w~d JNORfGAGEE as fur~h~. secur~hr ~o ~a~d ma~~.~ debt, and, nw I~a ~ha+ ~en.(10) d~ya in ~d~u+c~ ol ~M ~.pv•~wn o( tKh pplKy, ro dr GvN to wid MpRTGAGE[ • re~+~wal eMreof, ~oq~~M~ wieh a ncNpt fw tM pewuww ol ~uch r~wal; ~nd ~hsr• shali b~ no fu~ a w~~~d~~am inwrsnc~ plat+d on ~ny of ~aid buildinps. ~ny int~~a~ thKNn w pa~~ therwi, ~~I~ss i~ ~M form ~nd with ~h~ lou paYable a~la~saidr Md in tF~s ~~e~t ~ny w~n of moewy beconw p~ya0t~ unde~ such pol+cy a policies s~id MORTGAGEE sMll haw tM optan ro nceiw ~nd apply tM s+m~ on ~ccoum ol tM ind~btad Ma s~cvr~d Iwreby w b ptrmit ~id MORTGAGORS w ~+ceiw aod u~ U a any par~ ~hrr~of lor orhe. pu~{asra. w~~hou~ Ih_reU/ wa~.~,tiq w~~~~pa~r- i~p anY pv~ty. lien a riph~ unde~ a by v'utw ol this matpp~t +~+d in tM ~w~+t ~a~d MORiGAGORS ah~ll fa any reawn fail 1o ke~p tM said p~amis~s so inswed. a f~fl b d~liva prompUy W?y of faid politie~ of insuN~t~ fo s~id MORTGAGEE, a ful prompely to pay fully ~ny prfm~um ~he~~fw w in a~y r~sp~d bil ~o pH(am, discMrpe. ~xecut~. ~f(ac~, compf~~~, comply wi~A u~d abid~ by this covanant. w~ny pert herwl, said MORiGAGEE may pl~ ~r~0 paY fa such inaxanq a a~y p~rt ths~w/ witAout w~ivu+p a~f(~ctinp ~ey optio~, li~~, puiry, a~~pM unde. a by virtw of this Mort9aQ~. ~hd ~M full amo~nt of tach ~++d s.yry suth paymaM s?~+II be immedi~tely dw ~nd paY~bl~ aod tMll beN int~res~ from ~I» dat~ theraol w~~il pa~d a~ th~ ~at~ ol nine pN cMwm pK annum and to~riha w~~h such interest ~hall be secured by tM li~n of thii mwtqp~. 1. To pKmit. Commit w sufit~ no wa~1~. {mpairment a deteraration of uid propKty o~ any pa?t thereof. 5. To pay atl ae~d sinpula? tM cosb. cFwr~es ~nd expenses, inclvdirg s Kaionabls attan~y i(ee ar+d co~ts o( absfracts of titlQ, i„curred o~ paid N a~y time by said MORiGAGEE, btc+uie w in tM ev~nl of fh~ iailu~e on ?he paN of the said MORTGAGOR to duly, promptly and Fully paform, dixhary~. execut~. effad. comptec~. comply with and ~b:d~ by each ~nai every ~he sNp~l~tiau. ayreemeMS, conditioru, and covena~a oi said pcomisswy noh and ~hi~ mortyp~ any a ei~her. ard sa~d cosn. cMrpes ~nd ~xpens~n. each ~~?d way. sFwll b~ immodi~~ely due ~nd payable: wheeher a not eher• b~ ~o+~n de~ mand. ~ttempt ro coilec~ w wit pe~ding; and tiw full amovnt of t+ch and every such paymem ~hall bear intersst }rom Ihs d~ts thereof until paid ~t tM rate o~ nine per ceMVm per an~ivm; arw al! said cosn, charQes and eapenses i~curred or paid, logt~ha w~th such interest, ~MII be iecured by tM lien of this '^aty+~• . 6. Th~t in the event of aoy breach of this Mortyap~ w default on tM part of tF» MORTGAGOR, or (b) in ~he evant any of sstd aums of nw~e~ heroin referred ro be not pro.nplly and fully paid within thnty (30) days next after the same teverally become due snd payable, without demand w.notit~, or in ~he event each and eve~y the stipula~ions, ~greements, condi~ions and covsn~nb of sa~d piomiss~iy note and tl+~s mortga9e any a ei~he~ ~r~ nol ~ufy. pomptly a~d futly pe~famed, d~ach~rged, executed. ~ifected. completed, complied with and abided ~iy, then in c~ther or any svch ~ver?t tM uid a¢ gregaN wm mentioned in said pranissory note rhen remainin~ unpaid. with inter~sl acuued. and all moneys setured hereby, aMll betona dw and pay~ sble fathwith, Ot fF~ffNftN. at th~ _option of taid MORTGAGEE, a~ fully ~~d comple~ely as il all oi the said surtu of money were dginally st~pvle~ed to be pa~d on s~ch day, anythir~ in sa~d promiuory eate a in tha Mort~a9e to the contrary notwithstand;ng; and thcreupon o~ thereafter at the opt~on of uid MORTGAGEE, wirhout notice w demand, suit st law or in puity, ther~fore w thereaiter Fxgun, may be proxcuted as if all erane~rt secured hereby had maWred prror to its i~stitutia?. 7. That i~ rhe eve.~t that ~t the beginniny of w ~t sny~ time pendi~y a~y wit upon this Monyage, a ro iweclose b, w to reform it, w to enfwa paymero of amr clsims lxreunder, said MORTGAGEE ihatl apply ro the Covrt hsving jurisdKtion thereof for ~he sppo~ntment of ~ Receiver, wch Court shall fwthwith ~ppoiM s reteive~ of said mwtga~ed prope~ty all ~nd sirgular, [nclud~ng •11 and singular the income, prof~ts, iuues and revenues from whateve~ source.derived. exh ~~d every of which, it beinp e~cpreuly undersrood. is hereby mortg+ged ss if spec~(ically ut iw~h and described in the g.~ntirg and habendum clauses hcreof. and such Receiver shall have all the brwd u~d effactiw functions and powers in anywise entr~sted by a Court to a Receiver, and :uch appoinrment shall be made by wch Caxt ss an ~nitted eq~iry and a matter of absolute riyht to said MORtGAGEE, and without refere~ce ~o ths adequacy w insdequacy of lhe wlue of the properry mortgaped a to the sohrency w insolvency oi said MORTGAGOR or the drf~ndann, u+d ~hat such rents, profita, income, iuves and revenves sh~ll b~ applied by such Receive~ accwdiny to tha lien or pu~ty oi said MORTGAGEE and the practiu of wch Court. - 8. To dvly, promptfy and fuUy perfwm, d'ncharge, execute, sffect, compl~N, comply with ~nd ~bide by each and every the stipulations, ayreements, conditaro a~d covenann in sa~d prwnissay note and this mortgsgs iet fwth. ' 9. That in the event the ownenhip of the mortgaQed premises, or sr?y pa.t thereof, bec+omes vested in s perwn other fhao the MORTGAGOR, th~ MORTGAGEE, its successws and auigns; "may, witlwut notice ro the MORTGAOR, deal with s~ch succesior w successor in interest wi~h reference to thp mortpaya aod the debt lxreby secured in the same manne~ as with Nbrtgago? without in any way vitiatirg w disc.hsrginp the Mortpsgors' lisbility herr under or upon the debf hereby secured. No saie of the premises F?preby mo?fgaged and no forbearance oe~ t1+e pan of ths MORTGAGEE w ita successon or ~uigro and no extension of ~he time fw the payment af the debt hereby secured 9iven by the MORTGAGEf or iri tucussors w aupns, shall operaq ro rekae, d~scharye, modify change or affrct the origin~l liabitiry of the N10RTGAGOR herein, either in wFale w in part. 10. It is specifically agreed that time is of the eueoce of this contrxt a~d that no waivet of sny obligat~on here~nder a of fhe oblipaYan se- cvred hereby sh+ll st any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add~rio~ to the fwegO:ng monthly paymenti of prin~ psl aod interest reqvired b~1 the prom~uory note secured hereby, mwtgagor rnvenann and ag?ees to pay ro mortgagee with each monrhly payment an add~~ional sum est~mated by mwtgagee to be equal to 1 j 12 of the annual cost of the follow- ~~g. A-All ~eal property taxes levied or assessed against the sbove descri6ed real estate. . B-Prem~urns on fire and windstorm insurance as here7n requ~red 1o be carried on the improvements situate on the above desc.ibed premises. C-Prem;ums on sucl~ mwt9age gwnnry iruurance as mortgagee shsll from time to time deem fit to carry on fhe loan secured hcrcbY- Mortgagee shall from time to time notify mortgagw i~ writing ~of the amount due and p~yable hereunder srd such sum shall thereupon be d~re and ~ FayaWe on the due date of the next monthly payment and each successive momh thereshei ur.til mortgagee shall ~ot~fy mortgago~ of a chanye in svch ; amount_ $uch swns shail be applied by mortgagee toward the payment of real property taxd, inwrance prem:ums, and mortgaye guaranty i~u~ance f premiums. • It~! WITNE55 WHEREOF. the ssid MORTGAGOR has hereunto p~ ear first atwesaid S~akd and delivered in the presence of: ~~~~~~"j y ST. WCIE COUNTY; F ~~A_ R.~~ , RECORD VERIFIED 19`73 ~ 9 ~ ~ . 'TO AUG I9 AN 9: . . ~ $TATE Of FLORIDA ~ ~ - ST. LIICIE ~ courm of J~ GQ_ Eft pQ RqS Before me psrsonaTly sppearod ~~~~P~~~ ~ Md ~t'{'y ~g~~ ' his wife, to me wel) known snd known to m~ 1o M the ind~ridwb describad in and who txewted the fwe9oinp instrument, and ~cienowkdp~d before me that they executed the sartr fo~ tM purposes . rherein expressed And the sa:d AAt~ SiIA Redg~ttYa ~ +vi(e of rh~ .aid Jnhn~i a 1KArvin RedBera upw~ . s.pa.•r• and priva exam~nasan by me laken separate and apart from her s~id hvsbs~d, ackr+owledp~d ~o ~nd b~fae me th~t she execu~ed said i~trwnent~freely u~d volvn- ra~ily and without u?y compubion, constraint, appreh~ns;on or ftsr of or from her s+id fiv~band. ~ g WITNESS my hand and offici~l seal thi• day oi /t D. 19~_ ~ . Notay Public in for tM Stat~ of Fbrida ~t larp~ ~ ~ My Cam?iuion expir~s: Retwn Ta. ~~ctww~~i : NOTARY M1~L~', j~R~ p~ ~pRf~ ~(~E Fint fedeal Savirgs i loan Association 'q-tr Y'C~MMISSIpIr E;:p~RES SEPT. Of Fo?t P~erce. ~.l,.- j~l FlisO M, ~ ~ i~3 ~ foA Pierce. Flaids ~t~~ ~ 't,,, ,Y;.` ' i, w ,~~4. ~ j This Instrument Prepared By s: First ~~lerol Savings 3 loan Association 't~ ~Sti~3~, ~~cr~ . , ~/E'-!'~y'~~~~'.?~ of Fort Pierce `~,~~~I ~ •,,~.M Checked By a ~ . ~ • . ~ ~~8~ ~~.~07 , ~ =-t ~ ~ ~ _ ` _ ~ - _ ~e~--n---- - - -