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Home My WebLink About1745 i . , ~ ~ ~ . ~ ~ i To ptac~ ~nd con~inuo~sly kNp on ~M buitdirg~ now a Mr•ef~K ~i~u,~~ on said I~nd ~nd on dt equipment and pe~aonally cov~r~d by ~hi~ mo~tp- ~p~, with prem)um~ ~her~on patd in full, lir~ insur~nc~ in ~h~ ui~al st~ixlard policy torm, in • wm approv~d by ~he MOR~GAGEE, and wir?diform ~nw~a~c~ in tM utiwl sranda.d pol~cy fam, i~ a sum approved by the MORTGAGEE, i~ s~rch company u companie~ as t?+e MORTGAGEE ~euy direNt Md ~11 itr~ a~d wi~dsrorm insuranc~ pdicies on aoy of said build~nps, any i~~er~st ~Mr~in o? part tFiereof, in tM a~rep~~e ~um ~toteNid o~ in ~zctas Iher~of. ~Aall conraie ~h~ uawl st~ndard mor~pa~ tlauN w iuch othet clau~ as tM Malpaflea may require. makinp the loss u~ u~d po1F cia, Nch ~nd evsry, payabte a said MORTGAGEE as ift inlerest may appea, u+d each and avery ~vcA pot~cy ihall be p~ompqy iu pned and delivered to ~nr Mld by said MORiGAGEE as tureher secvrity fo t~id mat~~y~ debt, and, ~ot leu ~han ten (10) dars in advance of tha expirotro~ of each pol~cy, to d~- I~v~r to said MORTGAGEE • renewal Ihtreol. ~opatMr with a rece~pt ior ine premium oi such renrw~~; e~~d it~era ; a;: .`.a .-,a l::: a. ir.a:lM~e 3~a_•.•~!ve ~ pl+t~d on ~ny ol said buildirg:, any intert~t the~~in w pxt !M?cof, unlea~ in the form a~d with 11+~ lou pay~ble as afaesaidj and•in~tM svent any sum of rtwe?~y becomes payabl~ vnder such poliq or policiet Nid MpRTGAGEE ahall have tho option ~o receive and apply the same on accovnl of the indeb~ed- ~ n~ss iecv~~d Mr~by a a psrma sa~d MORTGAGORS a reuiv. ~nd vs~ it or any pa~t thereo! fcx o~hcr pwposes, w;~ho~t ~h:rtb~ wai~iny u~ m~pair- inQ anY pvity, IiM or right unde~ ot by v'utw of Ihis mortpapa; and in tM ~ve~1 ~a~d MORTGAGORS thall fw any reason fail to keep the said premises so ~ insured, or fall b d~Gver prompNy any of iald POIKIN ol insw~nce to said Mt7RiGAGEE, w taii ~wnptty to ~.ay futly a:~y p:e-::;:rn thsrrfor w in a~y resp~ct f~il b pe.fwn~, diuhuye, execute, efiecf, comple~~, comply wi~h and a67de bY this covenant, a a~y part herwf, said MORTGAGEE may place and ` wr fa aud~ inwr~nc~ a ~ny part thKeof witAout waivinp or aftectinp any option, lien, equ~ty. w right ~nder w by virtw oF ~his Mo.~gage. and the f~11 amount of each aod tv~ry such paymem sMlt 6~ imrnediatety dw ~+d payabla and sha~! bea~ Infe?ee~ from ~hs dare tl+ereof ~nril paid at the raro ot n~ne per te~tum per ~mwm and toge~her with ~~th intcaest shall be ucured by tl~t lien of this mort9a9e. ~ 1. To pe~mit, coe~n,it w suffa no wute, impairme~l w deteriwatiw~ of taid property o~ a~y pa?t thereof. S. To pay all ~nd unQ~lar tF~e cos», char~es ~nd ~xpN?ses, including a reasonabk ananey i(ee +nd costi of abstracta o( title, incurred or pa~d any Nme by said N10RTGAGEE, becaus~ or in tAe ~vent of the (ailu~s a+ the pan of ~he said MORiGAGpR to duly, prompNy ind fully perfam, d~uharg~. ~ executs, eifect, complet~, compty w,th and ab:de by each u~d eve?y the stipula~~ons, agreements, conditions, snd cove~anta of said promiswry note and ~his mwtyaye any or eitF~er, snd u~d cosri, cMrqes and expen~es, each and we?y, shsll be immediatety dus and payabte; wherher w not there bs notice do- mand, attempt to coikct or wit pend~ng; snd Ihe full amov~t of Nch +nd erery tuch payment shall bear intertsl irom Ihe date thereol until paid at the raee o1 nine pe. centum per ~mivm; aod all said cosq, cMr~ and expeoses incurred a paid, ~ogether w~th suth interest, shall be setu~ed by the tien of thiu ~«ro.~.. 6. Tl+at (a) in the ev~ent of arry beach of this Monq~ or default on the part of the MORTGAGOR, a(b) in the event any of satd sums of money herein refe~red to be not promptly and fvlly paid within th~rq (30) days nex~ a!ter the sam~ severatly beca,~e due and payaote, without demand or notice, or (c) in the event each ~nd every ~he stiputations, sgreemenq, condirions and coveo~nr~ of sa~d pramissory no~e and th~s morrgage a~y or either are ewl ~ :ulY, promptly and fully perfwmed. d~uhar9rd. executed, effccted. complated. compl~ed w~th and ab~ded ~y. then ~n e~thrr a any iuch event ~he said ~ ; g~egat~ sum rt,ennoned in said promisaory nate Ihen remaining unpaid, w;th interest accrued, and a1t mooeys secured hereby, shaN become due and pay- able foathwith, or thereafrer, the option of said MQRTGAGEE, as (ully and completely as ii all of the said sums of money were originslly stipvlated to be pa~d on such day, anyth~ng in said prom~ssay note or in ~hn Mortgage to the concrary no~wi~hsranding; and the~eupon or thereaftr at the opuon of setd MORTGAGEE, wnhow no~~ce or dcmand, suit at law w in eq~ity, therefae a tlureaf~er beg~n, may be prosecuted as if all moneys secured hereby had m~twed prior ~o ~ts institution, • • 3. inn Ifl lt~! lVCOi tiWi Oi ~nC iiEyNii5~i1~ Ot Of iiw:.~ ~iC~i~9 i~iY s.: u~;u.-. :~e4 .~L^'~~~' - ~ tv.~~l^ !L! •al~••_.. •y ~n ~nftyti payment of any claims hereunder, uid MOATGAGEE shalt apply to the Court having ~urisdktioo thereof (w~tAe appo~ntment of s Receiver, such Cou?t shall Forthwith ~ppoint a rcceiver o( said mortgaged p~pQe?ty all ~nd sir~uts~, intlud~r+g all and singu~ar Ihe iru~me, profits, issues and revenues from whatever scurce de~ived. each and every of which, it be;np expressly unders~ood, is hereby mortgaged as if specYica~~y aet fwth a~d descr~bed in the g.anring and habendum ctauses hereof, and such Receiver shsll have all the boad and effecriva funct.ons and powers in anyw~se rntrusted by ~ Court to a RKeiver, a~d svch appointment shall be msde by such Cou?t as an admitted eqvity and a matter of absolute right to said MOR7GAGEE, and without reference fo 1he i adequxy a inadeqvacy oi ~he vatue ot ~ne P.o~e~ry ,,,e.~y.ged o. ro rhe so~vency or ;nsoivency of u~d MORTGAGOR w f1~e defendams, and ~hat sucFi renrs, profits, income, tuves and revenues shall be applied by such Receiver accordmg to the lien or equity o( wid MORTGAGEE and ~he practice of such ! Court. i 8. To du1y, prompfiy and ful(y perform, diuharge, execute, eiiect, complete, comply with and abide by each and eveay the stipvlations, agreements, ~ conditwns and covenants sa~d prom~ssory note and this mortgage set fath i 9. That in ~he eveM the ownership of the mortgagetl prcmises, or any part thereof, becvmes vested in a penon other than the MORTGAGOR, the M~RTGAGEE, its succeuo~s and eu~gns, may, without notice to the MORTGAOR, deal with such successor or successw in interest wieh reFerence to this mo~~page and ~he debt hcreby secured in the same manner as with Mortgagor w~thout in any way vit~ating w diuharging the Mortgagors' liability hera- under a upon the debt hereby secu~ed. No ssle of the Fremises hereby mortgaged and no torbearancc on the part of 1he MORiGAGEF o? its sutcessws or ~ssigns and no exrertsion ot the rime fw fhe payment of 1he debt hereby secured givcn by the MORTGAGEE or it: successws w auigna, shall operafe ~o reiease, d:scharge, mod~fy change w affect the org~nal Iiab~Gty of the MORTGAGOR here~n, either in whole a in part. 10. It ia spec;fically agrecd that timr is of the esunce of this ca~tract and tha~ no weiver of any obligat~on hereunder w of the obli9ation sa. c~red F+ereby ihal~ at any time thereafter be held to be a waiver of the terms hereof or of I}~e ins?rumenl secured herby_ 1 i. In add~t7o~ to the forego:.u~ monthJy payments of princ'pa) and interest requ~red by 1he prom~uory no!e secured hereby, mortgagor tovenants and agrees to pay to moregagee w;rh each momh!y payrnent an add~~ional sum est~ma~ed by mortgagee to be equai to 1,' 12 oi the annual cost of the follow- ing: A-AU reai property Iaxrs kvied a assessed against the above desc~ibed real estafe. B-Prem~ums on iire and windstorm insurance as herein requ:red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty ins~rar,ce as mortgagee shall from. t~me to timf deem fit to carry on the Ioan secured hereby. Mortgayee shail from ti~ne to time notify mortgagw in writing of the amount due and payabfe hereundrr and such sum shatt tf~eseupon be due and ~ayable on the d:~e date of Ihe next monthly payment and each successive month thereafter until mo~tgagee shall notify rrqrtgagor of a thange i~ such a~~cu~t. Such sums si~a•.1 ~ apptied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurarxe p~emiums_ IN WITNESS YlHFR" the said ORTGAGOit has hereunto set his hand and seal the day and year fint aforesaid. ` Sign Seale an d~v~?ed i p?eunce of: FILED AND RECOROEO . ~/i~~ ?i ~ ST- LUC~E COUNIY flA. /f' ~ an ' _ RQCfA POlsRAS S CLFGK CIRCUIT COUR ^ •q ; - RECORO YERtFIEO ~ ; , s; are oF F~oaio~ NAY j ~ 45 pN ~ ~ st. ~~e ~ ~ 2~94~4 couNn oF 8efore me personalty ~ppeared ~Ci~181'd ~p30A ~ Helen D. .SS~p30R his wife. to me well known arpd+ . f• ; R~{by~+ b.me to bs rhe indrvdwls desvibed in and who executed tM fore9oiny instrument, and acErwwledged before me that they exec~ted th~, s~i ~Dr~(~:,p~rpo~tes rherein expressed. Md the said ~,tie ot the said HO'iiBTd W. $SLIp$OY1 : ~ ' ~ . aL . i~op ~i~ld~tfvafi e~am~nat~on by me taken separate and apart from her said husband, ~tknowledged to and before rt+e that she xecuted s' 1M~y~ ~ 1~~ ~anly and w~thout sny compulsion, consrraint. aPW~ w fe~r of w from her said husband. -7 • - • a • : - WITNE55 my F~snd a~d officiat xal th' - d~y of - : ~19 • . a ~ Nota ~ Publit in and i t tate 6~ ~,'~1'~ My m~ssion expir ~~i~ ~ Rervm Ta <<.~y~ OF flo:tiaA AT l~;s„• first Federal Savirsgs 3 loan Assodatwn NOTAitY P~1BUC STA ~RES NIAis- Z. 17I5 01 Fort P.erce. ~Y COMMISSIO!'1 EX GENEML INSUMNCE UNDER~NRITERS. INC. Fo~t P~erce. flonda This Instrument Prepared By J~ D. Ch8st83Ti First Federal Savings E~ Loan Association of Fort Pierce ~ FZo2'id8 ! Checked By Z~~ 1~~ r ~ ~~z_, . _ _ _ . _ , W