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Home My WebLink About0439 • . t To pl~n and conurwo~~ly kNp on ~Mc bvildinpt now w M+eaftN ~ttu~u on ~~id land ~nd on all eqvipm~nt ~nd pawnally cov~r~d by thii mat~ p~, with dl p~~miwm ~t~~on p~~d in (ull, ('u~ insur~nc~ in tM u~ual iand.rd polKy tam, in ~ ~um app~ov~d by rhe MORtGAGEE. •nd win~btam kaw~nc~ M th~ vawl pand~rd pol~qr fonn, In ~ wm ~pprov~d by dv MORTGAGEE. in wch company w canp+~i~s ~M MORiGACsEE ~nay dinct~ ~nd dl lu~ and windNUm iruw~~a potkia on ~ny of Hid buildi~ps. ~ny IMa~st tlwr~in w put tFw~ol, In tM pyreyat~ wm ~fa~tald a In ~xcw~ tMnof, shall comNn ~M ~~wl uand~rd mor~pape~ c1auN a~uch o~ha claus~ a tM MatpapN may ~puK~. m~kina ~he lou u~ u~d polF cih ~ u+d ~v~ryr. paY•bl~ to NW MORTGAGEE N itf inltr~p maY ~pp~~r. ~~d ~ach ~nd ~wry ~uch policy ~h~ll b~ promptiy a?i yned ~nd d~liv~~ed ro ~ny MW by Nid MORiGAGEE n turthN Hcurity to ~aid mortpp~ d~bt. ~nd, ~wt i~u tMn t~n (10) days in ~dv~nc~ of tM ~apir~tion of each policy, ro da NvK to aid MORTGAGEE e r~newal tMrwf. top~~l+K with a rec~ipt fw th~ pr~mium of such r~naw~1J ~nd th~r~ ~hali b~ no f~~~ w wind~twm im~r~na plaad on My of uid b~ild~nps, any ima~N tMr~in ot p+rt tMreof, ve~l~u in tM fwm ~r+d with tM lou pay~bi~ ss af«~iaidj and i~ tM ~v~nt any wm of moeNy beca~w~ p+y~bl~ w?d~r wch policy a polici~s uid MORTGAGEE sMll Mw th~ option ro~~u~w and apply rM ~rr» on accouM o( tM l~Mbted Mts Ncw~d he~~by a W pKmit Nid MORTGAGORS to rK~iw ~t+d vs~ it p any part thereoi fo~ orher purpohq, withoul th~reb~ w•ivi~ig o. ~mpa'a- inp anY pvity, liee~ a ripht vnda a by virtw of thi~ morspa~j ~nd in t}w twnt said MORTGAGORS ~hs0 fw any reason fail to ke~p tM uid pr~mises w tn~und, w f~il to dtlivtr pomp~ly u?y of s~id policie~ of in~uraerc~ to said MORTGAGEE, w fail promptly to pay fully sny premium there(o~ a in any nip~tt tail b pKfp~, dixharp~, ~xKUt~, ~ff~N, compl~te, compiy witA and ~bid~ by this cownanl, a~ny put hersof, ~aid MORTGAGEE m+y pl~p and p~Y fa tueh I~qwane~ or any pa~t tM~wf witAout w~ivie+p w ~ffMinp any option, li~n, pvity, w ripht u~ w by virtw of this Malqap~. ~nd the ~ full amo~?nt of tach and wery such paymeat shall b~ immediatdy dw ~nd payabb ~nd sMll bear inMre~~ from t!w d~t~ lhereof until paid at the rat~ 01 nins per cMwm pN annum ~nd to~th~r with wch inta~st iMll bs secured by the li~n of thii mwtpap~. 1. To pamit; aommit a wffK no wast~, knpalrrn~nt or d~taia~tion ot said propKry or a~y part thsreof. S. To pay dl uid sie+pvlM tl~ cwt~, cMrp~s u?d ~xper?ies, i~+cludinp • reasonabl~ ~ttorney's fN a~d coir~ of ab~tracts of ti~Ie, incurred or paid at any tim~ by s~id MORTGAG:E, becaus~ o~ 1~? iM~ ~v~nt of th~ failure on tM paN of tM taid MORTGAGOR to duly, promp~ly ~nd fully pe.(orm, d~xhu9R •:~cvt~, dfec~. tompMt~, comply with and ~b~d~ by ~ach ~nd every ths stipul~tio~s. a9~eemenn. conditiau, and ooven~nts of said p~omissory not~ and thu mort~ap~ any or athe~. ~nd said cost~ chupes a~d expenset. each ~nd ~wry. ~hall b~ immediately dw a~d payabl~: whethe~ w not tAas b~ notice d~ +nand. ~tt~mpt ro collect a wit pMdinyj and tM fvll amount of each and wcry wch payment sMtl bear interes~ f~om the da?~ thereof until pa~d ~t tFK rate of nine per centum per annum; ~nd all ~aid costs, chuyes ~nd expenus incurr~d w paid, tope~her with such intereit, shall b~ secured by the lisn of thu 6. Tlwt (a) le ths ~wnt of ~ny beach of thta Mwtyape or dafault on tl+~ part of the MORTGAGOR, a(b) in the svent ~ny of said tums oi money f+K~in refe?rtd ro be not pranptly ~d f~lly paid wi~hin thirty (30) days naxf afte~ the ssme wverally becane due and payable, without d~m~nd o? no~ice, w(c~ in th~ ~va+t each and ewry th~ stipvlations, agre~ments, conditions and covenanb of sa~d promiuay note. ard th~• mortyaye any a either are no1 ivly, promptly ~nd fully p~rfwmed, d~sch+r9ed, ~xacuted, ~f(ec?ed, complet~d, complied with ~nd abided by, then in e~~her w+ny ivch ~vtM tM Nid ~ yrey~t~ wm mentionad i~ said promissory note then remaininp ~npiid, with intp~st acuued, ~nd all mor+eys secured F~eby, sF~all becoma dw and pay~ +bl~ fwthwith, p th~rsafta. ~t tM option of aid MORTGAGEE, as fv(fy and comple~ely a~ it all of the said wms of money were orpinally stipulated ro be paid on svch day, a~ything in said promissory nots or in this Mortpage to tha contrary notwithsta~ding; and ~he?eupon or thereahe~ at tM option of uid .MORTGAGfE, without norice or d~m+nd, suit at law a in puity. the~efae a therea(te~ be9un, may be prosec~ted as if atl moneys secur~d hasby had matwed prwr Io in institution. . . 7. TMt I~ the evea~t tMt at the begin~iny of w~t sny time pendir+y ~ny wit ~pon thu Mo~~ysge, or ro forxlose it, w to refam i~, or to enforo~ payme~t of any claims he~eundcr, said MORTGAGEE sh+l1 apply to the Court having jwiadiction thereof fw the +ppointment of a Receivar, wch Court sh~ll fwthwith ~ppoiM a receiver of said mwtp+ped propertY all ~nd sinp~lu, indud~ng all ~nd singvler the income. pro(its, lswe~ and nv~nue~ from whattver wwn derived. each and svery of whKh, it beinp expressly und~rstood, is hereby mortgaged as if apeuficslly set tath a~d described in tlw prantinp and habenifum clavses hereof, and such Rcc~iver sMll Mw all ti~ broad ~nd effcctive func~~ons and powers in a~ywise entruited by • Court to • Receiver, ~~d such appoi~tme~~t shall be made by wch ~oun a an sdmitted equity and a mattK of. absolute ri9ht to ~aid MORiGAGEE, ~nd without refererKe ro the sdaquxy or in~deqwcy of ths valw of tl+e prope~ty mo?t9~ped w to the sohency a insolvency of said MORTGAGOR w the. defendants, and that wch rents, profin, income, iuues and revenues ihaU be ~ppli~d by such Receive~ ~ccordinp to the tien or equiry of ssid NIORTGAGEE and the practiu of such ' Coutf. 8. To duly, promptly snd fulfy perfwm, datharye, execute, efiect, complete, canply with and sbide by esch snd wery the stipvlatio~s, apreenwnts, conditions and cove~aroi in said promisiory net~ ~id this mortyage set forth. ~ 9. ihat In the event the ownership of tM mortg+yed pemises, o~ any part the~eof, becomes vested in a perwn other th~n tM MORTGAGOR, the MORTGACaEE, its successon ~nd suigro, m~y, without notics to the N10RTGAOR, deal with auch wuessor w successor in interett with referf~ce to this mortyape and the debF hereby'setured in fhe same mamer as with Mortgagw without in a~y way vitiating a dixharging the Mortg~gors' lisbility herr unde~ w upon the debt hereby secwed_ No iate of the premises hereby mortgaged and no forbearance on tM part of the MORTGAGEE or itf successors w assig~n ~nd no eatension of the time fa the payment of the debt hereby secured ~iven by rhe MORTGAGEf a ih succeswa a auigru, shall operaq ro rdease. discMr9e. modify change w sffect the w'g'uul lisbility of the MORTGAGOR herein, either io whole w in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation herevnder w of the obliQstion se- wred hereby shall at any time thereaiter be held to be a waiver of the terms hereof or of the inst~vitrcM secwed herby. 11. In add~tion to the fwego:ng rtwnthly payments of princ:pal and interest required by the promissory note secured hereby, mortgsgor covenants and ~grees ro pay to mortgagee with each monthly paymeM an addirional sum estimared by mortgagee to be eqval b 1/12 of the annval cost of the fol{ow- A-All real property taxes kvied o? auesscd against the above dewibed real esute. - B-Premiums on fire and windstorm insurance as he?ein req~~red to be urried on the impwvemcnh situate on the akiove desaibed premises. C-Premiums on such mortgage gwranty iasurance u mortgagee shstl from time to time deem fit to carry on the loan secured (xreby. I~ Mwtgsgee shall from time to time ratify matgagor i~ writing of the amaint due and payable hereunder and such wm shall therevpon be due and ~ payable on the due date of the next monthly payment and exh successive mon~ tkiereafter until mwfgsgee shsll notify mortgagor of a charge in w~h j amount. Suth sums sF:all be applied by mortgagee toward the payment of ~eal pi~/fy taxes, insurarxe prem:ums, and mortgage gusranry insw~nce G premiwns. . . ~ IN WITNESS EREOF, ssid MORTGAGOR has hereunto set his hand and seal the day and yesr finf sfwesaid. ; 5' ned. 5 ~ r ' ~ prssa+ce of: i,: 0~~ ~ Q,~` ~ ~ _..aL. ~St~Q ~ . . . CtEitRC~tCO~1~ ~Palea S. Lawrence :;..cS..Y IIECaRO riRlilEO • ~ - - . ~ ~ ~ ~Z ~h?~'7 . ~ . ; ~ t_" - ~ , ~ ~ STATE OF FLORIDA ~ ' ~ - ~ b'c -ti yL~,,:s ~o~?~ ~ 2C(y?'33 ~ = ~ = . ~ , eeso.e me p..so.~.uy .pp~a.ed. - . ' Slma P. Lawrence ' ' his wife, to me well k'~~. ~ b? : rhe ir~dividwls desuibad in and who sxecuted t1~e fora9oirg instrument, and adv~-wled~ed befwe m~ tMt they executed~~ : ' ~B ' ~~i~ -a. ~ `C , therein acpressed. And th~ ~i wife Of /FK siid RQles ?Q • ~Al'ellCie . .i~:s~~~/~ ~ ~wat~ examinatan by me tsken separate snd ap~A from her said h~sband, acknowledped to and before m~ tF?it sh~ execvted said i~ (tyM~~valurt rarily and without any compulsion, constraint, ~pprehension, ot ~a~ of or from her ss' nd. ~ ~ WITNESS my fi+nd and official seal ~_Tf day of ~ A. D. 19lsC_ ~ ~ ' ~ ~ , Not ublic in and for the State of fbrids af tar~e Retvm To: • My t~~ ~ ~nt fsder~I Saving~ a loan /lswciation of fort vierce. j ~ Fort Pierce. Flwida ~ hBUPr1 ~A~ O~ FL~u~ ~ • MY COMMISSION EXP~RES ~ORwT~~MO~~. pXDED TIINOUON ~RtO This lnstrument Prepared By •J • D. Chastain ' First Federal Savings b Loan Association - of Fort Pierce ~ FlOr3 d8 - Checked By n g aooK ~~8 43~ ~ , q~ _ - ~ ~~.t-T „':'z V r ~ ' _ryi'x . „ ~s~"` r' ' s ~ , - _.._~r r, . a~ . tYr-,:s5: . _ ' ' ' ~ ?K a_ _ _