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Home My WebLink About0402 3. To pt~c~ a~d contu,uouily kNp on tM bu+!dinp~ ~ow a Mr~~ltM ~itwf~ on iaid land and on all equipmanl ~nd peno~ally cov~red by thi~ nw~~¢ p~. wi~h all premiwn~ ther~on paid in full, fir~ i~wr~nce in tM u~~al sunderd po1Ky fam, in a ~um approved by 1he MORtGAGEE, and wind~torm tmwanc~ in ~M viwl uandard pol~cy fam, in a sum ~pprov~d by ~M MORTGAGEE, in s~ch compa~y o~ companie~ as ~M MORTGAGEE may dincti ~nd all fH~ and wi~bwrm ins~r~np policie~ on a~y of said build~npi. ~ny im~re~t ~harein w part tF?ereof, in tM ~~qrcya~e wm aio.+~aid o~ I~ ~xceu ~h~reof, ih~ll contain /Fa ~swl s~andud mortpa~ cl~us~ a s~ch o~ha clauw a~ ~he Morr9apN may requu~. malin~ ihe tosi und~. ss~d poli~ ci~s, each ~nd ~very. paYablr ro ~aid IMORTGAGEE a~ ils intereat may app~~~, and e~ch and every ~uch policy sMll be prompNy ~s~ 9ned and delivmed to any Mld by said MORTGAGEE as fur~hk security to tiaid mort~a~ deb~, ~nd, ~ot I~u th~~ ten (10) d~ys in advanc~ of ~M e,pira~~on of each po1Ky, b d~- IivN to iaid MORTGAGEE • rN?ewal thawf, topetMr with • receipt fo? tM promium o/ suth re~ewal; and Iher~ shsU be no fir~ w wind~~orm i~wra~c~ pl+ad a+ any of said buildinps, ~ny inter~sl ther~in w put thereof, unless in the form and wi~h tM loss payable as ~taesa~d: and io tFw event any sum of nqney becyn~t pay~ple w~da such pollcy a polic;~s sakJ MpRTGAGEE shall have ~he option to r~ceive and apply tha same on accounr o( tM indebted- ness iecwd Mreby a b pe~mit ssid MpRiGAGORS ro receiw +nd uk If or ~ny part thercof for o~her purposes, wi~hout iha~to~ waivi.~g or ~mpair• i~p anY puity, li~n or riyht unde? or by virtw of t!w morlpays: and in th~ ~vsnt s~~d MORTGAGpRS shall iw ~~y reasdn i~il to keap ths ~aid premises w inwrcd, o~ fatl b d~liver prwnptly ~ny of said polities of inw~~nte to said JNORTGAGEE, or fail promptly to pay futly any premium t!?erefor w in any respM fail b pafarn, diuhuye, e:ecute, ~ffed, compkte, tomply with and ~bids by this covensnl, p any part l~wi, taid MORiGAGEE m+y plac~ ~nd pay fw such insv~anc~ ot My p~rt 1l+Heof without watvinp ot ~ffectirp ~ny option, litn, equiry, o~ right unde~ o~ by virtw o( this Mortyags, and tht tull anq~nt of each and wery wch psymsnt shall b~ immcdiately due and payable ~nd shall bear intaeat from tha da1~ thereof u~~il paid at ths rat~ ot n~ne pet tenf~m pN annum and together with such imerest shall be sec~red by tM lian of tAis matQ+~e. a. To pKmit, commit or wffa no wut~, 4npairment or deterioration of said prope.ty or ~ny part thereof. S. To pay all u?d siryulx the cos», chuges u~d expense~, includinq a reasonabk sttorney': fee and oosts of abstract: of title, incwred a pa;d at eny time by said MORTGAGEE, becavse or in the event of the fsilure on tM part of ~hs said MORTGAGOR tp duly, promptly a~d fully pe~form, dixhsrge. execute, effect, compkts, comply w~th and ~bide by'each and every the stipulet~ons, sgreemenn, tonditiau, and covenan?s of said p?omissory note and thii mwtgape uhr w athe~. snd said costs, charges and expenses, cach and every, shall be immaliately due ~nd payable: whNher a ~ot Ihere be notice de~ mand, stlempt to colktt w wit pending; and the fvtl anwum of each and every such payment ~hall bea. interest from ~he date thereof umil p~id at the ~ate of nine per ccntum per ~n,wm; and alI said cos~s, chsrges ar~d expenses tncurred or paid, rogether w~tA such i~terest, ~hal1 bs secv~ad by the lier~ of th~s ^wrt9s9e• 6. Th~t (a) in tl~e event of a~y bresch of fhis Mortgsye w defaulf on the part of the AM1ORTGAGOR, a(b) in the event sny of said tums of mw~ey herein refmred to bs no1 promptly and fully p~id withen thirty (30) days next afte? the sarne severatly become due e~ payabte, without demand or notite. or W in ths event eaci~ ~od every ths iHputafions, sgreemenes, condi+io~a and covenanrs of sa~d promissory note and th~s mortgape any a either are not ~uly. promptly and fully performed, d~scharged. executed. effected. completed. complied with and abided ~iy, then in ei~her w any iuch event the ssid ag gregate wm menrarred in said promiuay r?ote then remai~ing unpaid. with iroerest xcrued, and all moneys secured hereby, shall become due and pay- able fwthwith, w thereafter, st the option of said MORTGAGEE, ~s fvtly and completely as if all of the said sums of money were aiginally stipulated to be paid oe~ such day, anything in sald promissory note or in this Mortgage ro the contrary notwirhstanding; and therevpon a the~eatte~ at the optibn of said MORTGAGEE, witho~t natite a demand, wit at law or in aquity, thtrelwe or thereafter begun, may be prosecutcd as if afl mw?eys securad h~teby had mstured prwr to iq irtstitutan. 7. That in the event that at the beginning of or at any tirr?e pending any wit upoe~ this Mortgsge, a ro iwectose it, or to refarm it, o? ro enfora payment of any da~ms hereunder, said MORTGAGEE shsll apply to the Court havir,g jur~sd~c~an thereot for the appo~ntment of a Receivcv, tuch Cowf shatl Forthwith appoint a receiver of said mortgsged pto~erty all and singular, inctud~ng all and singula~ 1he income, profifs, issues and revenues from whatever source derived. each and every of which, it being expreuly undentood. ia hereby mortgaged as if specifically set fa?h and dexri6ed in the ~ranting and habendum ck~ses hereof, and such Receiver shall have aU the broad and effective funcno~s and powers ie snywise entrusted by s Court to a Receiver, and wch appointment thall be made by svch Court as an ad~nitted eqvity a~d a matter. of absolute ri9ht to said MORTGAGfE, ~nd without reference ro the adequscy o? insdeqvaq of the value of ti+e property mortgaged w to the solvency o? insolvency of said MORTGAGOR w the deEcndams, and that wch rents, profin, income, ~uues and revenves shall be applied by such Receiver accordirtg to lhe lien or equity bf said MORTGAGEE and the practice of wch Coutf. . & To duly, prompfly ~nd fully perform, dwc}wrg~, execut~ effect, complete, ca~nply with and ~bide by sach and eye?y the stipulations„ ~greements, conditiorn and coveninn' in sa~d promiuory. note and ~his mortgage sN fonh. 9. 7Mt in the event the ownership of the mort~ed prem;ses, w any part thereof, becomes vested in • person other than ti~e MORTCaAGOR, t1+~ AAORTt,AGEE, in sutcessors tnd suig~n, may, w;fhout notice to the MORTGAOR, deal wilh such succeuor or s~tcessor in interest with refere~ce to this mortgage and the debt I~reby secw~d in the same m~n~er as with AM1ortgagw without in ~ny way vitialiny a dixharyi~g the Mortgagors' liability here- under or vpon tl?e debt F~e~eby secuced. 1Vo sale of the Fremixs he~eby mwtgaged and oo fwbearance on the pa+~t of the MORiGAGEf or ih successon or assigns and no extension of the time fw tl+e payment of the debt hereby secured 9iven by the MORTGAGEf w iri succtuors w auiqns, shall operate ro rekasG discharye, nqdify charge a affect the original liabilify of the MORTGAGOR herein, either in whole or in psrt 10. It is specifically agreed that time is of the euence of this contrad and that no waiver oi any obligation herevnder or ef tM obligation se- cured heteby shall st any time thereaher be held to be ~ waiver of the terms he~eof a of the instrument setured herby. 11. In addition to the faego:~g moMhly paymems of princ'pal and interest required by the p?omiuo~y nore secured hereby, mortgagor ~pverynts and agrees to pay to mortgagce with each monthly payment an addirional s~m estima~ed by morlgagee to be equal to 1/12 of the ann~al cosi of the fdlow- 'ng: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire a~d windstorm insurance as F~erein requ~red to be carried on the improvertte.-+ts situate on the above dosaibed premises. C-Premiums on such mortgage guaranry insurance as mortgagee shall fronc time to time deem fit to carry on the tpan secvred hereby. Mwtgagee shall from t7me ro time norify mortgayor in writing of the amount due and payabk lxreunde? and such wm sha0 thereupon be due and payabk on the due date of the next monthly payment and exh successive month tF~ereafter urtil mortgagee shall ~otify mortgagor of a change in such amouM. S~ch sums s.hatl be applied by mongagee toward tF~e payrrKnt of reat p?oprrty taxes, insurance prem:ums, and mortgage guaranty insurarxe pfemiums. IN WITNESS 1NHEREOF, the ssid MORTGAGOR has hereunto ut his hand and xa) the day and ar first afor id. Sea and del' in the presence of: ~ f It.EO AMD 1~~ ~ - :1'~~~E 64 N Char. es Winter ~ c~EaK C RGY ~a - REC0a0 vEa~FiEd . ` ~ ~ Mildred . nter rc__n STATE Of FLORIDA ~'O V ~ ~ ~r(ZryZj> courm oF _ st. Lucie - ~ ~ ~ 8efore me penonally appeared Char~ s W~nter ~ Mildred E_ i+~in .er his wife, to me we(1 Icnown and known to me to b~ the Fndividwls desaebed in and who e~cecuted the fo~egoinp instrument, and a~krww{edged before me that they executed the same for the p~rrposes therein expessed. And the ~~d Mildred F._ WintAr wife of the said _ ~'.h A f+l ~!q W i n t A 1+ ~o~, a separate ~od priwt~ examination by me taken. ~eparote and apart ftom her said husba~d, adcnowledged to and beforo me that shb executed said instrumem free{y u~d votwr ra.ily and withovt sny compvlsion, constraint, ipprehensan~>r feu of or from her said husband. . WITNESS my hsnd and official seal this ~d L~ dsy of A. 0. 19~_ sry Pub ' in and tor the late of florida at lar~e Aeturn To: Y z" ~'~Y an expires: / 9'~~ Firtf Federa) Savings 3 lpa~f Afspciation - ~~~?~ti~1111/ " ~Ctiry Pil~'i(. StD~! 0} ~~;i~a at la~ Of Fwt Pierce. ~ f ? '~"i~ ' ~ .'.~`~~~P~S~~ = Mr tom:;.us'~n Expires Aug. 6 1971 Fott Pie?te, FI«ida ~ ~ y~~ ~ " . ' : ` w ~ ~'sii; ' : r..iw h ~?i~w Fi+ i c.w~r E~i -f''~`'~t,~:` ~ Q~,~ r` ; - ~ ~„a.,'t4.i, i~ i. ; This Instrume~t Prepared By Riehard K. j~ _ Firsf Federal Savings b loan Association ~ ; ~t~v~~~~°: , ...y; a f Fo rt Pierce i Fl or i d a ~ "Q 4 . • ~ O Checked B~ 5~4i.~;'~` ` 0 R ~ ~IIf11HN~~~ BOOK 188 ~~E 401 t ; ~ z , : _r ~b-~- " < -,jr„ ~'~'=~~:FV; ~s~~` : ~ ~ . '~,3. _ _ ~