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Home My WebLink About0176 - . ! . . . ~ -s: - ~ To pl~c~ and continuously ke~p on th~ buildirpa now w M+'~ahK ~ituat~ on ~aid Iwx! ~~d on al~ equlpm+ns ~nd p~.wnally covend by this mort~ y~, with al) pr~mi~mt tlw~wn p+id in tvli, ii~e inswanu i~ tM uswl standa~d policy form, M a wm ~ppruved by the MORTGAGEE, u+d wi~torm im~xanc~ in tM uwal stu~d~.d policlr fam, fo a sum ~pprmr~d by tM MORTG/1GEE, in wch comp~ny o? canP+nE~s u~M MORTGAGEB m~y dir~~ ~nd ill fi?~ w?d windstwm inuxanc~ policKS on a++y of liid buiWin~{, My i~l~rqt 1hNfhf o~ par~ ~M~~of, in tM +pyrpat~ wm ~taesaid•or M~ac~a the.wf, ~+all cauain tM uswl i~andard mortya~ clau~ a avch aha claus~ +s tF» Matyaq~ may raq~u~. makirp ths b~s unda said po14 cia. tath and ~wry. paY+bl~ 1o uid MORTGAGEE a~ itt ~~lart~l m~y appsa?. ~++d ~ac1? ~nd ~w~y ~~th policy ~Aall be p+omptlY ~u:yned w+d delivKed to sny MW by said 1MORTGAGEE u fu~thK secwity to aid mo+~ya~ debt, and. ~wt I~ss lhan ten (10) d~ys i~ ~dvance of the ~apk~tion of each policy. to dr IivN ro wid NWRTGAGEE a nnewal tMnof, top~~ha with a ~ec~ipt Iw tM pra++i~m of such renawal; and ther~ shail b~ no f~r~ or wind~~am Inw~anu p4pd on ~ny of• said buildinp~, any intaht tMre~~ or pan ~herwf, v~less in ~M fo?m and with tM loss payabl~ ai stor~said; u+d fn tl+e ~vent ~ey wm of moryy becpnes p~yabl~ ~nda such poliey or polici~s said MORTGAGEE shall haw ~M oP~~oo ro r~ceive u+d apply tha sa~n~ o~ account of tM ind~b~ed~ ewts s~rw~d M.eby w ro pKmit N1d MORTGAGORS w rae~iw and we H p~ey par~ ~hereot lo. o~he~ pwposcs, wHhou~ ~hareb~ waiv~~~g cv unpair- inp anY pvity. lisn a riphl w?d~r w by virtus of thi~ mortQa9e: ~nd in tM ~v~nt s~id MORTGAGORS shali fa any reawn iail lo keep ~M uid premtses w irpured, ot f~i) b d~livtr promptly se~y of s~id polities of inwrante ro said MORIGAGEE, a fail promptly to pay fully any premium there(or a in any ~~sp~ct f~fl q perfam, dischar9e, ~z~cvt~, effect, compkts, comply wieh ~d abide by this covenant, a ~ny pa~t hereoi, said MORTGAGEE may plau and pay fp ~uch i~yvr~nq or ~ny puf 1her~of withoW w~Ivinp ar ~ffedlnp any pption, li~n, p~ity, or r'~ght under w by vi.tw of thi~ Mat9~ye. and tM full amo~K?1 of ~ach and ewry wch payment sMll b~ imrrndiatety dw and payabl~ ~nd aMll Eeu inte~es~ from ths dat~ 1Mrwf until paid tl th~ rat~ ol nin~ pK c~ntum p« ~rv?um and top~ll+~~ wi~h auth inarost ihaU M iecured by tM lien of this mort9aps. 1. To pumil, commit at wffN no wa~t~ {mp~Krn~nt or deteriwation of said property or u~y part the~tof. 5. To p~y ~11 snd sinpvlar tM costs, chu~s ~nd sxpenses, inctudinp + r~aion~bh ~non»y's f~e +nd costs af abstracts of title, incwrtd w paid a~ ~r time by said NIORiGAGEE, D~cws~ a in the ~wnt of tM iailun on ~he part of ~he uid NIORiGAGOR to duty, promptiy and futly perfwm, d~schar~ ex~cvt~. ~ff~ct. taaplet~, compN w~th a~+d ~bide by ~ach ud every ~he itipulaiwns, ayresnxnts. conditio~n, ~nd cownants of said prom~ssory rwt~ and tha mo~rpp~ any or ei~her. snd sa;d cosq, charpe~ and ~apans~s, e~ch ~nd ~very. sM1I b~ imrnediat~ly dw a~d paysbte: whe~her w not tM.~ b~ nor~u ds rn~rKl, ~nempr to colka or wie p~ndinp; ~nd th~ full amount of each and ewry wch payme++t shall bea. ir+rerest fran ~he date tMreof w~fil p~id af N+e r~te of nuw pe~ tentwn pK aruwm; and all said costt, char~s u~d eape~ses iecurred w paid. toptlFwr w~th suth irutrest. shall be a~turad by the lia~ of tlw ena~p+~• . 6. 1ha1 (a) le~ the ~vent of any bresch of this Mwtyspe or de6ault Qn tM part of the MORiGAGpR, w(b) in tM ~vent ~ny of u~d sums of mo~wy , har~in hfared to bs not promptly and fully p~id withio thirq (30) days next after the ssme sever~tty become due and payablt, withoW dsrn+nd o~ notit~, w(~ in th~ ~vent each and every IM stipulations, p~sem~nts, co++ditiont and covenanrs of ta,d promissory nott and th:s morpa~ arry w~ither ~r~ no1 iu1y, proenptty and fully pe?formed, d~scAa~ed. ~~scwd, ~ffectad, compkted, complied with a~d ab+ded `ay, t1?sn in s~ther w sny avch ~vam tF» said ~g ~ra~ab sum mentioned in wid promissory note than ~emainin~ u~pa~d. with interest ucrucd. ~nd atl moneys aecwed hereby. ~hall becom~ dw snd pay- •W~ forthwith, o~ fMre~her, N tM oprion of uid 1NORiGAGEE, as fully ard compte~ely ss il a11 of the said :ums of moaey wwe wiyinally atiput~ted ro b~ paid en svch dsy. any~hiog in sa~d promEuory oote a in this Mor~ya~e ro the contrary notwiths~andirg; artd thereupon or thereaftrr at tM option of uid 1MORTGAGEE, wirhovt no+Ke w d~mand, suit at bw a in puiry, tlKrefore or thweaftrr beyu~, may be prosecuted u if ~tl Raneys s~cv~~d hereby had matur~d prwr to ib irotitution. 7. That ie~ ~hs ~veM lhat st the begiexdng of or st ~ny time pend~ng any suit upo~ thia Mwt~~ge, or ro foreclos~ it, a ro reform it, w to eefwa paymtM of any claims hereu~der, ieid MORTGAGEE shall apply to the Covrt FWVing ~un~dk+ion thereof for ~hs appantme~?1 of a Receivat, svch Court sh~ll Forthwilh ~ppoint s~ece~v~r of said mort9aptd property at) snd singulu. includ~ng atl and ii~~gular th~ incwne. profits. issues and revenu~s from whatwN wurce darived, each and every of whKh, it bci~g expreuly undcrs?ood, is hereby mor~gaged ~s i4 spec~(ic~lly set fwth ~nd dMCribed in the yraminp and habendwn daus~s hereof, uid such Rec~ive~ shall have ~II the broad and effecriw funa~a~s and powen in aoywise entrwted by a Cowt ro a Recehn~. ~nd wch ~ppolotmeM sMll be made by auch Cowt u an ~dmitted equity snd s matter oi aDsdute right to aid MORiGAGEE, and wi~houl re(erenc~ !o fhe adequacy w 1n~dequacy oi tAe v~lue of the property mprf9~ld or t0 the sOMe++cy a i~wtvency of said MORiGAGOR w the defendrnn, and tha~ wd+ rents, profits. incort~e, iuues and revenve~ sh~ll b~ applied by such Receive~ accord~ to the 1?en a puity of pid MORTGAGEE and the practitt of such CouA. a. To duly. promptly ~nd fully per(o~m, d'~schar~, execute, effect. complete, compty witii ~nd ~bide by each and w~ry tlr slipulations, ~greem~ob. co~d'i~iom and covenants in sad promisswy not~ and this mortgag~ set fwth. 9. That in tl+~ event the ownership of the mortg+9ed premisea, o. any part the~eof, becanes vest~d in • person other N~an th~ MORTGA(iOR, tle~ MORTGAGEE, it~ succrssas and auipm, may, wi+hovt no~ice to the MORTGAOR, deal with such wccessor a successor • M inM~est with refKence b tha mortpaQe and the debt he~sby secwed in N+e same manner u w~th Morfgayo. w~thout in sny way viris~i~g w d~xharg~np tha Mortpa9ors' Ii~bility Fw~a u~da a upon the debt heteby sccurcd. No sale of the premises hereby mwtgaged and no faMarence o~ Ihe p+rt of th~ INORiGAGEE p iri wccessws w~ug~u +nd no extension of the time fw the payment of the deb~ hereby secured yiven by the MORTGAGEf or iri s~xcts~ws w~uiyns, shall operd~ to rewase, dwcMrys, ~~odiEy chanpe or affett the oripenal liab~lity of the MORTGAGOR harei~. eishtr in wFals w i~ put. 10. It is specificslty agreed tMt time is of the essence of ~his contract and thal no w~ive~ of any ob~gatqn hereunde~ or of tM obli9stion se- cvred hereby shaU at any time tMers+fter be held ro be a w~iver ot the tesms I,ereof w of ,tF+e instrument secured herby. 11. I~ add;tion to the taego:rx~ monthty p~yments of princ psl and interest required by the promissory note secured hereby, matgagor tvwn~nb and a9rees to pay ro mo*tgsgee with esch mavhly pay.,runt an add~~ionel sum eatimated by rteortgsgee to be equal to 1/12 0l the annual cost of the idlOw- i~: , ' : ' ' A-All real property taxes kvied or assessed against the above dauribed real estate. 8-Premiums on fire. and windstorm iosuranp af hetein ?equ~red to be u.ried on the improvcw~cots sitwte o~ tha abore deuribed premises. C-P~emiums on svch mortgage gua~srtty ir.sur+nce ss mortgagee thafl from t~me to time dcem fit to carry o~ the loao secvred hereby. Mortgagee shail from time to time notify matyagor i~ writ~ng of fhe amount due and payable he~eundrr artd auch sum shall thereupon be due and Faysble on the due date of the next monthly payment and exh auccessive mo.~th thereafter ur.ti{ rtwrtgagee shall notify mortgagw of a chanpe in wth ; anwunf. Such wms shail be applied by mwtyagee toward the paymeM of real property taxes, insurance prem:vms. and mort9eye ~uaranty i~sur~r?c~ i premiums. • . ~ IN WITNESS SNHEREOF, the said MORTGAGOR has hereunto set his hand and scal the dsy and year firsl afwesaid_ Seakd • deli ed in N?e presence of: ~~~i{ l~~~Q1GVC. ~ . ~s..n - ~ . / lS.ah STATE Of FLORIDA . ~ • u~ZB ~ ~ . COUNTY Of d~fon me perwe?~Ily appeared ~r w• ~~i~Z ~ Patricia A. Sau~r ~i, w;f~, „ nw wf~~ k„au,n ,,,d k,,,w„ fo n~ a be thQ Mdividwb described in and who ~x~a+td ths foraydnp instrurnent, ~nd acknowledped bsfon m~ that thep ~xswted th~ ssmt fa tM pwpbs~s ,he,~i~ .,cp,,,,.d. ,~„d ,h, ~aid Pstricis A. sau~r wif~ of fl+~ said HOSlt IA1. Sitl~! upot~ • s~parlt~ Nd p~ivaN ex~mie~atan by me taken sep~rat~ ~nd apart tram Mr said husband, adcnowledped w and be(ore m~ that sh~ ~xecuted said i~ut~weent frsdy ~rd volvn~ ~~rilr and withovt ~ny compukiw~, constrai~t, ap~xeF~+si far of w from hK said hu~bsnd. ~ WITNESS my hand and officiat seal rhi - day of i A. D. 19~ ~ ~ ~ . . l~lot~ry PuWic in u+d iw th~ 51at~ of Fbrida at Lsrp~ ~ . ` "rt-i~jr Gommission ~xpirea: ~ RNwn To: ' ?y, Fint F~~) S~vMps i loan Aswcistion `~.a~!~~~-t,~~ ~"=~`~~~T~O~AMf55101V E~(P~~j~~ ~ , V~.••,'n.'~,~r~ •b, ~%s~,~ ~ ' ~ ~ ~ ~B~p ~ Of Fwt P~erce. ~t~c, ~ Fort Pierce. Florida t <~.~Q ~ . : = ~L: ~ ~ ; i~: t1lE0 ~N~ RECQII~ l : iR .i. _ ~ - • ~ . .J ~ ~ w =T• WCIE COtIMTT _ al ~ _ : ~~y : • ' ~ ; ' ~LERR~CIRCYIT Q0~11RT dY This Instrument Prepared By Joba Mi _ 1 r.- :s -z- RECOltO YERIIIEO"~ ~ . ~ First Federol Savings d~ loan Association Y', ~O~• ~ fp. ~ • •~~.a~.~ s ~ . of Fort Pierce , irlosida ~,a~-•' g~;`'• ~ (O 4 ~ - ~ ~ ~ t~/itC)lHlts~tti• Checiced By . . - ~o~~ ~ _ , . '~~4 ~ ~ ~ ~ ~ 1~ t.~ ~.~4 , , - , - - __.:_z. . - - - I ~ , `3 ` -vx~.,'-~~~ `i?< _ .y,~,~~ . v~s-<r~~M-,~ ~~~`°~-'3A';~''.~~ . - . ~ ~'~~.Y~~~.~~'