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Home My WebLink About2721 3. io place and iontinuously keep on the bui:d~ngs now or hereafter ~ituate o~ said Isnd and on ~II equip+nenl and personally tovered by lhii ma 1 ege, wah ell premiums tnereon po d in Iull, fire ~~~su~ance m the uiual stor~ard po:~cy to~m, in s sum ap{xoved by the MOR~GAGEE, and wi~dato ~r.wrance in the usual atanda~d pa~~cy fo~m, in a wm app~ovcd by 1ht MORTGAGEE, in fuch compa~y o~ tompan~ef af the MOR~GAGEE m d~rec~; and all I~ro and w~nds~orm ~nsuren:e pofic;es on any of said bvild~ngi. •ny inter~st therei~ w part ~hereo}. in the aflgre9~fe ium ~fOtetai~ in excess thereof, sha~l cen!ain tRe Ln~_! standard matgagae cfause a such o~her clause aa ~he Mortya9re may requ~r~, m~kin9 ~he loss under sa~d po c~es, e+ch and every, payabte to sa~d A~JRTGAGEE as ~ta in~erest may appear, and each and every such pot~cy shall be promp~ly +ts gncd a~d delivered ~ ~r.y h.~:~ by sa:~ A:Olt'GAGfE ss !v~slr_r s°svre!y ee sa+d a~w~g~ge debt, and, not leu tMn ten l10) davs in advance of the expiraGon of e~ch policy, to d~ I~ver lo asid MORTGAGEE a renewal ~hercof, toye~her with a rcce~pt fw the pre~nium o} s~th renewal; and ~here shall be no f~re or windsto~m insuranc plsced or~ any of said build~ngs, any interest therein w part thereof, unless i~ 1he form and with the ~oss payable as aforesaid; and in the eveM any sun of money bccomes payabte uodtr sucA policy or po~iuas said MORTGAGEE shall have the opt~oo 1o reca~ve and spp!y the same on accounl ot 1he iodebtrd ness setvred hereby or to perm~t seid MORTGAGORS ro ~eceive and uss it or any parl the:eol for otncr Hurposrs. .•++thc~t thr.~u~ wa~~in~ or ~n,pa~r ing any equ~ty, Gen w~ight under or by virtue of thi~ mo::gsge; ~nd io the wcnt u~d MORTGAGORS shall for any reason fail to keep Ihe a+~d p~emisei so ~nsured, w fail to de~iver pro+np~iy ~ny of said polac~es of insurance to said N10RTGAGEE; w fai! pcomptty to pay Ivlly any pre~~~~um the~efor w in any respect fail to perform, d~scharge, execute, elfect, canplete, comply with and abids by thit covenaN, or any part hrreof, said MORTGAGEE may place and pay fw such insurance or any part thereof without w+ivino w•ifectirg any opt~on, lie~, equity, w right unde~ a by v~rtue of eh~s Mor~qaga, and the t„II amount of each and e.ery sucl+ payment ahall be immcd~ately due a~d payable snd shall bear interest from the date the~eo( until pa~d at the rat~ ol n~ne per centum per anrtum and to~ethrr v~i:h suth interes~ shall be secured by tht lieo of this mortpage. 1. To permi~, commit or a~ffe~ no waste, impairment w deterioration of said property or any pa?1 thereof. 5. To pay all a~d singulsr the costs, cherges and expenses. ~~clud~ng a reasonable aifaney's fee and costs of abstratts of title, incurred w paid at any time by sa~d MORiGAGfE, because or in the eveM of ih~ fa~lu.e on tF+e part of the said MORTGAGOR ro duly, promptly and fully perfwm, d~uharge, e>ec~te, effect, complete, comp~y w~th and ab:de by each and every the ~lipulat~ons, agreen.ents, conditions, and covenan~s of sa~d piomiswry nole and this ~~or~gage any or e~the+, and sa:d costs, charges and expenses, cach and every, shait be immed~ately due and payabte; whether a not +hese be not~ce d~ mand, attempt to collcct or suit pend~~g; and the full amoum of each and eve~y such payment ihall bear enteres~ from the date the~eof until p~id H the -.~ie of nine {xr cenfvm per an~~u n; and all sa~d costs, charges and expenses incuired or paid, logether w~th such inte~ast, shall be setured by the lien of thi~ mort9ags. 6. That (a) in the event of any breach of this Mortgage or default on the part of the A!ORTGAGOR, or (b) in the evenl any of ~s:d ivms of mo~ey heiein refe~red to be not p~omptly and futly paid with~n th~rty ~30! days ~ea~ after ihe same severa!ty bccome due and payable, without demand or notiCe. r.i .h. .uti ..,P.v rF,p stinulations. aoreements. tond~~~ons and covenants of sa;d promissory note and th~s mortgage any a ei~her are no1 au'.y, promptly and fully performed, dscherged, e,eecu?ed, eftected, compteted, complied w~~h and ab~ded Sy, then in e~tFxr or sny wch event tM iaid ag ~regate sum mentioned in sa~d promisso~y note then remaining unpaid, with interest accrved, and a11 moneys setured hereby, shall become due and pay- a5 e forthwirh, w thereafter, a~ ~he opt~on of said MORiGAGEE, as fully and completely as if aIl of the said sums of mo~ey were a~gin+lly ss~pulated ~e be pa~d on such dey, a~~ything in sa d promissory note or in this Mortgage fo the comrary notwiths+anding; and the~eupon w 1F?ereafte+ at the option of s~.d MORTGAGEE, w+thout r.otice or demand, wit at iaw or in equ~ty, therefwe or thereafrer beguo, may be proseculed ~s if ~II moneys setured hereby r.,d matured pnor to ~ts institution. 7. That in Ihe evenr that at the beginning of or at any time pe~ding any av~l upo~ this Mortgage, or to foreclose it, or to re~orm it, o? to enforce ;~vment of any ciaims he~eunder, said 1tORTGAGEE shall apply to the Cowt hav~ng ~w~sd:c~ion thereof for the appointmeM of s Receiver, such Court shall ~•~hwith appo~m a receiver of said morrgaged property al{ and s~ngular, includ~ng all and s~ngular the income, prolits, iasues and revenues from whatever s: ~~:ce der~ved, each and every of vvh~ch. ~t be~ng expressly understood, is hereby mortgaged as if spedfecal~y se1 fo~th and deuribed in the 9ranting and h~~endum ciauses he~eof, and wch Receiver shail have alt the broad and effect~ve funct:ons and powers in anyw~se entrusted by a Courl to a Receiver, and s_:h appointmenr shalt bc made by svch Cou~t as an ad:nitted equity artd a maiter cf absolute right to said MORTGAGEE, a~d without refererxe to the a<ieq~acy or inadequacy oi the vat„e of the property mortgaged ar to the so~vency or insolv~ncy o( said MORiGAGOR or the defendants, and that such rc~rs, profits, inco.ne, issues a~d revenves shail be appi~ed by such fieceiver accord:ng ro the lien w equity o! wid MORiGAGEE and the prattice of such Court. _ t 8. To du~y, prompt:y and f~Ily perform, discharge, execute, effect, complete, comply with and abide by eath and every fhe stipul~tions, ag~eemenb, ;onditions and covenams ~n sa~d promissory note and this mortgage set torth. i 9. Thet in the event the ownersh~p of the mortgaged premises, w any parf ti~ereof, becomes vested in a person other than the MORTGAGOR, the .•ORTGAGEE, its successars and ass~gns, may, wi;hout notice to the MORTGAOR, deal with such successor or successor in interest with reierence to this , ortgage and the d>bt hereby secured in the same manner as with Mortgago. without in any way vit+ating o? disci~a~ging the Nlortgagpri liabitity hera u~der or upon the debt hereby sec~red. No sale of the premises hereby mortgaged and no forbearance o~ the part of Ihe MORiGAGEE a its successors cr assigns and no ex~e~s~on of the ti:ne fw the payment of the debt hereby secured given by tht MORTGAGEE or its tuccessors w auigns, shall operate ro release, d<scharge, rteodify change or affect the orig~na~ Iiab~I~ty of the MORTGAGOR herein, eilher in whole or in part. 10. It is :peuficaiiy agreed rhat t~me is of the easence of this contract and that Ro waiver oi any obfigation hereurxler w of the obligaYan ie- c~red hereby shali at any time thereafter be held to be a waivcr of the terms hereof p o( the instrument secured Aerby. 11. In add:tloa to the forego ng month!y paymenrs of princ pat and i~teresl required by the prom~sscry nore setured hereby, rtw~tgagor covenanfs d agrees to pay to mortgagee v~~th each mon~h~y pa~~.,em an add~~~ona! sum est~mated by mortgagce to be equai to 1 j 12 of the annual cost of the follow- j '3: ~ A-A~1 real property ta,ces tev~ed or assessed aga~~st th~ above desvibed real estate. ~ B-P/~T~i„I~IlS or. frre and windstorm insurarce as herein req~~~ed to oe carried on the imp~oveme~ts situate On the above t~esCribed premius. C-P~emi~ms on such morsgage g~a~anty ir.s~rance as mortgagee sha~l from t:me to tima deem fit to carry on the !oan secured hercby. ~ Mortgagee sha~J !rom t~me to t~me norify mortgago+ in wr;ting of the amoun~ due and payable hereundrr and sucfi surre shall thereupon be due and e ~;able on the d.:e ciate of th~ next r,nonthiy pay:.~ent and each successive month thereaft~r ur,til mortgagee shall notify mortgagor of a thange in such ount. S~ch sums sha:f be appi~ed by morrgagee toward the paymeM of reat property taxes, insurance prem:ums, a~x/ mortgage guaranty insurance :~•emiums. ~ IN Y~ITNESS WHERFOF, the sa~d MORTGAGOR has hereunto set his hand and seal t1x day and year first aforesaid. ; igned, Sealed and eli ered in the presence of: ~ LE~ Ahp RECQ ~~E~ ` r ' p ~ i~.111C~E COUNjY rLA. V ~.w G. 1~ ~ c.e. r5ea4 ; II~GER PQI?tU= ~ - CIERK CIRCIl~t ~T- ~ RECO~to ~rER~F~EO s.~n ~ ~ - - ~ 11 ~s A!~'~ ° ~ 5'ATE OF FLORIDA t ~ ~7(~V(~~ z18989 ~ couNrir oF St . Lucie ~ ~vv v ~ eeto.~ ~..o~a~tY appeared oirginia C. Hiee, g siAgle adult ,~,pc ~ ~ ~ to me wel) known and k~own to me to be ~ ;he individusl/ dew~bed in and who executed the foregoing instr~ment, and acknowledged befwe rtK thst ~hq executed the same fw ths putposes ~ therein expressed. ~~"'~~..,r ~x WITNESS my hand and offiual seal thi~ l~ day of ~~~~r A. D. 19 71 ~ ~ Notsry P ic in ~~d for the tatt o~~r y~ " My issio~ expires. Return To: first Federal Savings 3 loan Association ~ NuTARY PURI IC S7ATE ~F F~ORIDA AT IARQ! ot ~o~r P.e:~e. ?ty rn~.a:.1ISSION El(PtRFS AUG. 6. 1975 Fort Pier~e, Florida ~ G~E L(NSURANCE UNDERWR~TERS. ~N~ - ' FILED AMD AECORDEO ; _ ~ t S1. LUC1E COUNTY FIA. ` ti; . ROCEA POITAAS ~ This Instrument Prepared By j~~ g~ $pg~ . i~ CI.ERK C'Z~~~j ~OURT ' First Federal Savings 8~ Loan Association ~ ItECOR4 VERIFIEO . of Fort Pierce ~ F101'ide? - O4 AM ~1 ~ . ~ o . 'r - ~C ~ 3 : < ~ Checked By ~ , r;<~-~~ ~ " ~ a~~~' ? ~ 8~~ 197 ~ ~g ' ~ ~ - ls - , . _ _ - - : ~ :