The URL can be used to link to this page

Home My WebLink About2131 i ~ To pl~t~ •nd continuously keep on ths buildings now a M~eait~r situete on ~aid tend and on •II equip~nent and penona~ly cove~ed by thi~ mat~ j p~, with dl {xcmivms theroon pa~d io full, iire insu~ant~ in tM uwst stonda.d po:icy torm, in a sum aNproved by Ihe MORiGAGEE, and w~nd~twm insur~nt~ in fM usual i~andard pol.cy 1o+n+. ~n + sum appro~ed by the MORTGAGEE, in iuch con~pa~y or companies af the MORiGAGEE may direct; ~nd all (ir~ •nd w~ndstorm insurante policies on •ny of said build~nfls, any interesr therein or pe~t thereoi, in the agg~egara sum aforesaid a In eateu Ihereo(, shall contain the usual s~andard mwegagee clause a tuth Othsr tleuie es the Mortgagee may reqv~re, makin9 the loss unde~ sa~d poli~ c~ei, exh •nd every, psyabte to sald MORTGAGEE as ~ts irocrest may appear, and esch a~d every s~ch po!~cy shall bs p~ompUY as~ yned and dei~vared +o ~ny Mld by iaid MORTGAGEE ss (ur~her secwity ro ~a~d mor~qage debt, and, no~ le~s ~han ten (10) days in ad~ance of the exp~~a~~on oi eacA po6cy, to da IivN lo said MORTGAGEE a renewal thereof, to~ether witA a reteipt fw the premium oi such re~ewal; and thrre shatl be no (~re or wi+~d~~o~m insurance pl~t~d on +ny of sa+d bvitd~rgs, sny interest therein w parl lheraof, unles~ in the fo~m and wi~h the lose payable as aio~esaid; a~d in the evenf any s~m of mon~y becomei payabte undsr such policy or polKies said MORTGAGEE shall have the op~~on to ~eceive and appty the sa~ne on eccounl ef the indebtrd- ness secured he.eby or to pe?m~t sa~d MORTGAGORS to rece~ve and ute it or eny part the~eof lor o~i~•~r pvrpos~•s, .•.n1w.:t th~•.u~ .va~~~~~ or ~~r~p.,~:- irq any pu~ty, lien o? r~ght under or by virtue of this mort~age; a~d in the event sa~d MORiGAGORS shall {or any reawn fail to keep the said p~em~se~ so insured, or (ail to delive~ promplly sny of said po~~ties o1 insurante fo sa~d MORTGAGEE, w lail promptly lo pay fuily any pre~n~~rn thereta or i~ a~y respad (ail ~o pcvfam, dixharge, execute, effsct, complete. comply wfth and abide by this covenant, w any part hercof, said MORiGAGEE may piace and pay lor such iniurance or any pa~1 Ihereof without waiviny ot affeding any option, lien, equ~ty, w right under w by virtue of this Mo~t9age, and the full amount of e~th and every such payment ~hall be immcdiately due and payable and sl+a~l bear inte~esf (rom the date thcreof unfil paid at the rara o1 nine pe~ c.:ntum p~r annum and to~ether wiih such intereat shali be srcured by the leen o~ Ih~t mortgage. 1. To pKmit, commit or suffer no waite, impairment a deterioration of said property o~ any part thereof. S. To pay ~II and sinpular the costs, charges snd expenus, incl~d~ng a reasonable attwncy'a fee and cost~ of abstrads of title, incurred or pa~d s~ sny time by safd MORTGAGEE, becauu a in ?he event of the fa~luro on the part of the sa~d MORiGAGOR ro duly, promptty and fully perfwm, d~scharga execu~e, effecL complet~, comply w~1h snd ab~cle by each ~nd every ~he stipu~at~o~~, agreements, co~d~nons, and covenaros of sa~d pran~ssory note and ~h~i mortpage ~ny w eiihe~, ~nd uid coirs, charge~ and e:penses, each and every, shall be immrdiately due and payable; whether p not there be no~~ce dr mand, attempt to colkct or suit pend~ng; and the full amounl of each and eve~y such payment shall bear imerest from tAe date the~eol until pa~d •1 1he s rate ot nine per ceotum per amium; and all said coafs, charges and expe~~ses incurred o~ paid, ~oge~her w~~h such ~nterest, ihall b~ secured by the I+tn o1 Ihi~ ( "'°`ro'9'' I 6. That (a) in the event of any breach of this Mortga9e w defaulr on t1u part of the MORTGAGOR, or ;b) in the event sny oF sa~d sums of money herein referred to be not promptly and fully paid within th~rty (30) days next after ~he same aeve.a:ly become dve and payable, withoW demand or notice. or (d en the event each and every the stipulatiwu, sgreements, condit~o~s end covenaros of ta.d prnmluo~y nota ancl th:s mortgage any or e~the~ are not iuly. prompNY +~d fully pe?formed, d~xharged, eaecuted, effected, completed, compl~ed w~th and ab~ded by, ~hen ~n e~ther w a~y such event ~he sa~d a9 gregate sum memioned in said promisswy note then remaining unpaid, with interes~ acceued, and ati ~noneys secured Fiereby, sha11 becume due and pay able fwthwith, a thereafter, at the ophon of said MORTGAGEE, as fully and complere~y as if ail of the sa~d sums of money were ong~na~ly s~ipulatcd to be pa~d on such day, anything in sa~d prpmisswy note w in this Mwtgage to the co~nary norw~rhstand~:ag; and ~hereupon or thereafter at the op~~on of said MORTGAGEE, w~thout not:ce w demand, suit at law w in equny, the~e(ore or thereal~er beyun, may be p~osecuted as if all moneys secuied hereby Aad matured prwt to ~ts instit~t~on. 7. That in the event that at the beginning of w N tn~c~t~me pending any suit upo~ this Mw~gage, or to fo~eclose it, or to reform it, w to enforce payment of any claims he~eunde~. sa~d MORTGAGEE shaN appl~/'1byThe Courf having ~~nsd:cron thereof ior ~he appo~mment of a Receive~, such Court shall fathwith sppoint a rece~ver ot said mortgaged prooerty al~ and singuiar, includ~ng a11 and s~~~gu~ar the incc~ne, prof~ts, isaues ard reve~~ues from whateve~ source de?ived, each and every of wh~ch, it bei~ expressly understood, is hereby.morrqaged as if speofica~Sy stt iorth and descnbed in the g.anting and habendum cla~ies hereoF, and auch Receiver shall have all the broad and eff~cnve ~unc~ om ard pov.ers in anywae ennusted by a Cou~t to e Receiver, and svch appointment shell be made by wch Coun as an admitted equity and e mat~er of nbsoiu~e ngM to :a~d MORiGAGEE, snd w~~lwut referrnce to Ifie edequacy o? ~nad.qvacy ol the val~e of the property morlgaged w~o the wivency or msoivrncy of sa~c! MORTGAGOR w the detendants, and ~hat s~ch ren+s, profits, income, issues a~d eevenues shalf be applied by such Receiver accord~ng to the iien or equity of said MORTGAGEE and the prac~ice of such Court. 8. To du~y, prompt~y and (uily pe~fo~m, discharge, execute, e;fect, complere, comp~y w~th and ab~de by each end every fhe st7pulations, agreemems, conditions and covenanrs ~n sa~d promisswy note and tA~s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged pre~~ses, or any part thereoi, hccomes vested in a perwn other than the MORTGAGOR, tM MORTGAGEE, its succeisors snd ass~gns, may, without no~ice ro the MORTGAOR, dea! w~th svch s~ccessor a succeswr ~n interest writh roference to this mO~tgaye and the deol hereby slcured in the same manner as with Mortgagor wAhout in any way vi1lating or d~uharging ~he Moragagori liabilily hertr under a upon the debt hereby xcured. No sale o4 the Fremises hereby mo~~gaged and no forbearance on the pan of the MORiGAGEE or its successors o+ ass+ans and no exrrns~on of the hme for the payment of the Jebt hercby secured given by tix MORTGAGEE o+ its svccessws w ass,gns, .Safl operate to reieau, d~scharge~ modify change or affect the orig~nal liab~~~ty of ~he MORTGAGOR herem, eitixr in whole a in pan. 10. it is speu(icatly agreed that time is of the esuRCe of th~s co~rract and that no waivea of any obGgatro~ hereunder a of the obligatan sr cvred hereby shali at any time thereafter be hefd to be a waner of the terms hereof o~ oi the instrumeM aec~+ed berby. 11. M add.ti~n to the fo~egolu~ monthfy payments of princ pa~ and imrrest req~~red by the prom~ssory r.o~e secured hereb/, mortgagor covenants and agrees to pey to mortgagee v~ith each monthly pay~.~ent an add,uonai wm est~~ ated by moctgagee ta be eqval to 1; 12 of the annval cost Of the follow- ~n~: I t A-AI! real proprrty taaes levied or assessed agaios! thc aba.e described real estate. ~ B-Prer,.~,,,os on i;re and w~ndstorm i~surar.ce as nere~n requ;red ?o be cerr~ed o~ the ~mproveme~ts sltuate on the abovc desv~bed premises. } € C-Prem~ums on such mortgage guaranty insura~,ce as mortgagee shall from ~ me to t~me deem fit to ca+ry on the loan secured hereby. ~ AAortgagee sha!I from t~me to t~me no~~fy mortgagor in writing of ~he amou~t due a~d pa~able here~ndrr ao~! such s~~n shall thereupon be d~e and ~ Fayable on :he d~c oate of ~he next month:y payment and each success~ve month thereafter vntil mortgagee shall not~ly mortgago~ 01 a thange in such emount. Such s~ms sFa:l be applied by morrgagae toward fhe payment of real proF:erfy ta:es, insurance prem.vms, a~xl mwtgage g~aranty insur~nce c premiums. ~ IN IiNESS 'NHEREOF the aid MORTGAGOR has hereuNO xt his hand and seal the day and year first aforesaid. ~ s~, ~d t~ p.~x~~ ot: FILED AN~ RECORDEO ~ t ' ci ~ ~ ST. lUC1E COUNTY F~ ~~"~i~ ~a r s r~~~ ROCEh aQiTR1S " 1s~,q CLERK C~RCUiT COURT 1 _~~aq ~ - lIECORp YERiFlED~~ r ln a~ ~r s ~ - - ~ 15ea1) $ STATE Gf FIORIDA ~ ~ 'O S~ n~'~ ~ ~ St. l.ucie ~ ~ 2~682 couNrr oF •nd ~ Before me personally apptared Ronnie E. Parks Linda S. Pa rks _ h;: W;r~, to me well known and known 1o me to bs ~ the individwli desc.ibsd in ~nd who e~eec~ted the foregoirg instr~meM, and ~cknow{cdged before rt+e that they eaecutcd the same fw the purpouf ~ ~?x.~c~ e=P.~~:ed. a,d r?~e u~d I.inda S. Parks _ _ # _ Ronnie E. Pa rk s _ +vife of the said upon e separate and priv~ta ~ ex~m~nat~on by me taken xparate and aparl from her •aid husband, acknowledged to end befpe me that she earcuted ssid instr~ment freety and voluo- ~ renly and withov1 any compul~ion, constra+ro, apprehr~+qs~on~feu of or irom her said busb+nd. - WITNESS my hand and officiel se~l thia__.~a2 _ day of A r~ 1 A. D. 19 ~ 1 ~ - _ ~L-~1~1r ` Notary Publ~c in a~ for the tet~ .~~+p~ i v ~ ~ My Comm~ss~on expues: 9 Rtturn To: ~ firtt Feder~l Savings b Loan Associanon ~~~~~~~bi~~ ' ; • r;~,~ ; 3 Ay O{ iors v.e•ce ~ V L~ Fort P~erca Fiorlda 0 ~ ~ ~ ~ y;:~ ~ • :{.~a~ ; ,L" K - ~ 4 ~ n : ~ ~ -Y This Inst~ument Prepared By Richard K. Kayes a' = First Federal Savings & loan Association ~•..~'t.:,Q.,:~~ of Fort Pierce, Florida - ' F . _ ~T~ t Checked By ` ' . ~~191 2~2s = BOOK _ - - _ _ _ - - - _ . _ . ~ ~