The URL can be used to link to this page

Home My WebLink About0091 ~ To plac~ ~~d con~irwo~sty kNp on tM buildinp~ now or Mr~aitN wt~at~ on aid land ~nd on all equipmenl and p~rson~liy coverad by thit mort~ p~. with ~11 premiums therson pa~d in fuli, fire inxur~nn ~n ~M uiual t?ardud policy form, in a tw~ ~pproved by the MORIGAGEE, and w~ndst«m ienwu~c~ in tM ~swl s~anda.d pol~cy fam. G~ a wm ~p{xovsd by tM MORTGAGEE, in such comp+ny w canpania ss ~M MORTGAGEE may dK~ctt a.~d ~U fk~ and wi~wrin inwra+o~ polici~s o~ +ny Of iaid build~+ys. +ny tnt~r~~~ the~sin or part tl?Neol, in tFK spyrey+te wm ~for~s~id a M~xce~s ther~of. sMtl ca+tsin ~M uswl ~~andud mat9apN clauw o~ wch o~F+N clw~ si tM Mwtyape~ may rpuK~. makinp IM lou unda sa~d po1F ci~s, tach and ~very. p+Yabl~ w iaid MORTGAGEE as iri in~e~eit m~y ~ppNr. u~d ~acA a~d ~ve~y t~ch policy ihall b~ prompfly a~~:~ned and delivsred ro ~ny held by uid MORTGAGEE ~s iu.thK aecwity ~o iaid mo.tpap~ debt, ~nd, not I~u tMn te~ (101 day~ In adva~+ce of 1M ~xpiration of each poliq, ro da IivK to said MORTGAGEE a renewal thK~of, IopttMt witb • nc~ipt for the pr~miwn of such tenewal; and the~~ shall b~ no fire w windito~m insurance plac~d on ~ny of aid buitd~npt. u+y i~~a~tt tMr~in w p+~t thereof. ~nkss in tF~e form ~nd with tM bss payabl~ as •faes+id: and in tM ewnt ~ny wm of mawy becan~s payable ~e?dN such policy w polici~~ said MORTGAGEE sMll Mw ths optio~ to receive and spply tla same on accoun~ oi the irdebted~ ntss s~tur~d htreby p!o permit ~aid MORTGAGORS f0 ~eteiw and uf~ if O~ ~ny put lhereof fw othcr purposes, wi~hout th:reb/ waivi~ig or m~pair- irg any poity, fiee or ri~ht unda a by virtw of this mortyapr, and i~ tM ~veet w~d MORTGAGORS ihall fw any reason fail to ke~p' the s+id premises so iruured, w f~il fo d~liver promptly ~ny of s~id policies of i~suranc~ to uid MORTGAGEE, or fail promptly to pay fully any premium ~herefor w in ~~y respect fai) 1o pN(one~, dischar~, execut~, ~tf~ct, comptete, comply with and abid~ by this cove~ant, a any part herwf, said MORTGAGEE may pl~ce and paY fw s~ch inswancs oa ~ny pan thereof without waivinp a aff~ctinp a~y optio~, li~n, eqvity, a righ~ under w by virtue of this Matgspe, and the full amo~rnt of eath a~d tv~ry such paymtnt sl+all b~ ir~ediately dw and pay+bls and shall bcar intaest irom 1F~a date thereof ~~til paid ~t tM rats of nina pe~ centum pK annum and together with such inte~est ~hall be secu~ed by tM lie~ of this mwty~ge. To parmit, canmtt or iuffer no wuts, in+pairment w deterioration of sald property or a~y part thereof. S. To pay all and sinpvla ths costs, c)w?pa ~nd expenses, includinp a reasonable anorney i fe~ ar,d costs of abi?~ads of titte, incuned w paid at any Yime by said JMORTGAGEE, b~cause o~ in the event of the (ailure a? the par~ of 1M uid MORTGAGOR to duty, promptly and f~lly pe.(orm, dixhargq e:ecute, effed, compkts, comply with and ab;de by e+ch and every the itipulatans, agreements, condi~ions, ard cove~anb oi said promissory note and ~his mortpape any a eitha?. and said costs, cMrges and eapenses. each and eve~y. sMtl be immediately due and payable; whether w eot there be notice de~ msrd, ~ttempt fo tolkct w wit ptnding~ and fM full urauM of each and every such paymem shall bear imerest (rom the date thereof until paid a1 the rate of nioe pe~ centum per arn~um; and all said coati, charyet and expenses incwred or paid, ~ogether with such iMcrest, shall be secured by the lien oi tha morpap~- 6. That (a) in the eve~t of any brsach of this Mortgage w default a? the part of the MORTGAGOR, a(b) i~ the evem eny of ss~d wms of rta~ey herein referred to be not prompHy and fully paid within thirty (30) days next after the same sevefally become due ~nd payabte, without demand o? ratite, w W in tl+e event each sr~d erery ths stip~lations. ~greements, cond~tions a~d covenann of said promiuory note and th~s mortgage any o? e~ther a?e nw iuly, promptly and ivlly perform~d. dixharged. exscuted, ~ffected, tompkted, canpl'~ed with and abided by, then in either or any wch event tM said aQ~ grega» wm rr~¢nianed in said promiuwy note the~ remaininp unpaid. with interest acuued, a~d all rtwneys seturcd hereby, shall become dw and pay- able fathwith, w thHesfter, at the option of said MORTGAGEE, as f~ly and compktely as ii all of the said wms of money wera wiginally st~pulated to be paid on such day, anything in said promiuory ~ote or in this Mottgage to the contrary notwithstanding; and th~veupon w tFKreafte~ st tM option of . said MORTGAGEE, without notice or demsrd, suit at law w in puity, therefwe w thereafter begun, may be prosecuted u if ~II moneys secured hereby had matu?ed prior to ib inslitutioo. 7. ihat in the event that at the beginning of w at sny tims pendi.g ~ny wit upon this Mortgage, or to forecbse it, or to refo.m h, a to enforq ~ payment of sny claims hereunder, said MORTGAGEE shall apply ro tha Court having jurisaidion thereof tw the appointmer?t of • RKl1VN~ wch Couh ahall Fwthwith appoiM a receiver of said mat9sged property all and sinpulu, includ~og sll and singvla~ the income, profits, iuues and revenve~ from whatever source derived, eath ~nd every of which, it beirg ~xpressly underttood, is hereby mwtgaged as if specificslly set forth and described in the 9ranting and habendum clauses hereof, and such Receiver shall have sU the luo~d and effettive funct~ons and powrrs in anywiu entrusted by a Court to a Receivcr, and ~uch appoi~tment shall be made by such Cowt u an ~dmitted equity a~d a matta of absolute right ro said MORTGAGEE, and without rtference ro the adequacy or inadeq~acy of the valve of the properry mortgsged or to the swvency or insolvency of said MORiGAGOR a the defendann, and thst such rents, profin, income, iuues and revenues shall be appliad by such Receivcr xcording to the lie~ w equity of said MORiGAGEE and the pr+ctice of such Court. 8. To duly, promptly snd fully pe~fam, dischar9e, execv~e, effect, complete, compfy with and ~bide by each and every tt+e stipulations, agreements, conditans and covenams in sa~d promissory nQte and this mortgage set forth. 9. Thst in the event the owoenhip of the mortgsyed premises, a any psrf thereof, becomes vested in a pcrson other lhan the MORTGAGOR, the MORTGAGEE, in svcuuon and ~ssig~s, msy, without notice to the MORTGAOR, deal with such successor w successor in interest with refcrence to this matyage end thc debt hereby secured in the ssrne manner as with Mortgaga without in any way vitiating w d~xharging the Mo?fgagors' liability here- under w ~pw~ the debt hereby secured. No sale of the premises hereby mortgsged and no forbea~ance on the part of ~he MORiGAGEE or its successors w sssigrn ~nd no extmsion of the time fa the payment of the debt hereby secured yirven by the MORTGAGEf or its successors w assigns, shall operate ro release, dlxhar~e, modify change or sffect the origin~l liabiliry of the MORTGAGOR herein, eitM+ in whoFe w in part. 10. It is specifically agreed that tlme is of the euence of this contrsct and that no waiver of any obl'~gation hereunde~ w of the obliy~Yan sr cvred hereby shafl at any time thereaher be held ro be a waiver of the terms hcraof or of the antrument secured herby. • 11. In add~tion to the forego:ng monthly pay~ents of princ pal and interest required by the prom~ssory note secured hereb•/, mortgagor covenants and agrees to pay to mortgagee with each mw?thly payrnent an addirional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-Atl real property taxes kvied w assessed against the above described real estate. B-Prem~ums on fire and windstorm insurance as herein requ~red to be prried on the improvements situate on the above described premises. C-Premiums on suth mortgage gwranty insurance as mwtgagee shall from time to time deem fit to carry on the loan secured hereby. Nlwtgagee ahall from time to time notify mortgagor in writing of the amount due and paysbk hereundrr and such sum shall thereupon be due and j Fayabk on the due date of the next monthty paymem and each s~?ctessive monHrthereafter urtil mortgagee shall notify mortgagor of a change in.such ~ amount. Such sums sF.all be applied by mortgagee toward tht payment of real property taxes, inwrsnce prem:ums, and mortgage guaranty insurance premivms. IN WITNESS WHEREOF, the said MORTGAGOR has htreunto set his hand and seal the day ard year first sforessid. ~ s~,kd ~~d r„~.ed M+~+~ P.~ of: F lE0 AMD RECORp ~p - _ i~• IUCIE COUNTY f~A, an i ROCEIi POlTRA= --=~~s` ~•~1 ~ . CIERK CIACU1t 80URT elba P' Raulerson RECdRO YER~PIED ~ 04 Jimm e M. Raulerson ~ei~ STATE OF FLORIDA ~o~,,,,Y ~ st. Lucie ~ ~ 2C0499 ~ . ~f~„ ar,o,,,,,y Melba P . Raulerson Jimmie Rauierson_ her husban~, W~fe, to me well known and kee4MVn 1o me ro b~ rhe ind~vidwb described in and who enecuted rhe fore~oin~ instrumant, and atknowledyed before me that they execute~, ~ thi pvrpose~ ~ `.t Raulerson ~ ~ ?n~.~~ ~.~d. n~a Melba F. N a - w~re os ri» ..d ~J ' . +•.~,u:.!l~r~iv.» exam;nation by me taken separate and ap+rt from her said Fwsb+nd, adcnoMrtedged ro and befw~ ms thst sF~e e~e[vt~d._ i' ~aNd.vol~o- iarily and without aMr compulsion, constr~int. ~pprehension, w feu of a from her said husband. ,•"Y.: 1,4 WIYNESS my hand snd official seal tF~i: day ef OV92T1b9I` ~t~'~~''i~ A. ~..19_L" ~ • -_~~,+~.--~'.F~- - - Noary Publit in snd for -~jt~~ ~ My Commiuion txpires: , : ~ . ~ , ~ at L~M ~ a~,~, ro: ~ - ~ ~ F~~ Fede~al Savi~gs 8 Losn Associatwn ~pt, 25.19n Of Fort P~erta ~ Fo~t Pierce. Fbrids M~M~ hi A~ea~ fM i Gw~Mt Cw . This Instrument Prepared By R~ChBI'd K. Keyes First Federal Savings b Loan Association ~ ~ of Fort Pierce ~ Floride ~ ~h~~ By s~- i88 ~ _ C~ , . ; ~ - r ~a ~ ~ . ~3~'-~~'~"~;~~Y~~~~w_~ .