The URL can be used to link to this page

Home My WebLink About2839 3. To p!ace and conrinuously keep on ~he L~~'J~ngs nuw or heraafie~ ~~tuatr on sa~d land and on alI equip~nent ard persanally covered by ~his mor ege, w~th all prem~~ms f~ereo~ pa:d in fu~l, Gre inswente ~n tha ~suai s~anderd po~~cy form, in a s.,m eppr~red by ~hr MOR~v:.GEi, and ,n:~~duo insurance in the usual srandard poLCy form, in a sum appro.ed by ~he MORTGAGEE, in such company or companies as ~he :•tiOR1GAGEE m dnect; and ali fire and w~ndsrorm insurance po~~c~es on any o( sa~d 1wi;d.nga, any inte~est therein or par? thereot, in ~he aggregaie sum aforesa~d in excess thereof, shall :ontain Ihe ~su:.l standa~d morega9ee c~ause o~ wch dther clause as the Mortyagee may req~.re, mak~ng 1hr io~s u~+dr~ a,.d Va Nes, each and ivery, payab!e to sa~d h1JRTGAGEE as ~ts in~~~rrst may appear, and each and every such po~~cy shail be promp~ty ass g~~rd d dr ~~~•r~~d any held by sa~d ~10RiGAGEE as further szcurity to sa~d n.o:~gage debt, and, not less ~han tzn (10) days in ad:a~~ce of ~h~ exp~r,t:on of each po:,cy. to d~ Lver to said htORiGAGEE a renewal ~he~euF, ~oge~hrr with a rece~pt for ~he prr~n:um oi s~ch ~enr+vai; and there shall ba no f.re or w:~~Ja~c ~~~s~~anc placed on any of said bui!d~ngs, any inrerest there,n w part thrreoi, un~css in the form and w~~h the ~oas payab!e as a!cresa~d; and ~n the etenf a~y s~n of money becornes payabte undrr such policy or poLcies said 1~~ORiGAGEE shall have ~he opt~on ro ret~•ivr ~nd -opp!y ~ye same on account of thr ~nd~-~n~d ness secured he~eby o~ to perm~t sa~d MORTGAGORS ro rece~ve and use it w a~iy pa~t th~:eof lor o:n••r F:~r;_ oses. ...~~~o_t ~h r.ti ~ 7 ~~c= iny any equ~ty, Iien or right under w by vi~rue of this mer'gage; and in the event sa:d MORTGAGORS sha~~ :or any reason fail to koep the sa~d prem~s_~s so insured, or lail to deliver prompdy any oF said poF.c~rs of inw~a~ue to sa~d MORTGAGEE, or iai~ p:om~tly to pay !u~:y any p~c n thcr~~tor or in a•~y cespect fail to pe~form, discharge, exec~re, efiett, cauplatr, co:nply wirh and a6+de by rh~s co~en,~~~+, or any part hareof, aa:d M.i~Ri•,',%.G`_E may p,ace a o ~ pay for such insurance or any par~ thereof w~t6out vra~ving or affecting any op+~on, lien, eq~:ty. or n3hf und~_r or b~ ~irtue of th~s Aterig,,qe, o~,d ~hc ~ full amo~n~ o( eath and every such pay~nent shell be ~mmediately due and payabfe and shail bra. inte~.st from thr dete tne~cof u~~!ii p~~d at ~he r„ta ol i n~ne per tentum per annu~n and to~rthrr v.,th such intc~cst sha1~ be s~~c~r~`d by the ~ien O( thi3 mortgage. ~ : 1. To permit, commit w suffer no waste, impairmem or deter~orat~on of sa~d property or any part thereof. 5. To pay all and sing~lar the costs, cha~ges and expenses, including a reasonable atrorney's iee and ces~s oF absnacts of title, in,urrrd or ~a~d af any time by sa~d MORTGAG.E, because o~ in fhe event of the fmlure on ~hr pari of the sa~d MORTGAGOR to d~ty, pro»pfly and f~!iy perfonn, d~ac~~~~ge _xewte, e(feU, complete, tomply w~th and ab:de by ea.h and every the st~pu'anons, agrern~ents, cond~tions, and cove~,anrs of sa;d pro:n,ssory nore a~:d ih~s mortgage any or ei~her, and satd costs, charges and e:penses, each and every, shall be imn,~d+ately due and payab,e: whe~her o~ no} there be ~oT:ca da mand, anempf to collect or s~et pend~ng; and the fult amo~nt of each and e~ery such paymero shall bea. interes~ from the date +hereof ~nrEl pa~d at the r~re oi nine per centum per am,~ n; u:id all sa~d custs. charges a~.d txpenses ~nc~:red w paid, together ~v~th s~ch ~merest, shall be secured by the ~~en of th~~ mOtlgagB. 6. That (a) in the eveM of any breach of this Mwtgage or default on the part of the MORTGAGOR, or (b) in the event any of sa;d sums of money herein referred to be not promptly and fully pa~d w~thin th~rty ;30) days next ait•_r ~ne same seyera:ly become due and payable, witho~t demand or not~ce, or (c) in tha event each and every the stipu:ations, agreements, tor.ditiors and cover.ants of sa.d promissory note and th~s mor~gage any o~ e~the~ are nol ~uty, promptly and fuliy pe~'.ormed, d~scharged, eaecuted. effected, compteted, compGed wi~h and ab~ded Sy, then in e,ther or any such eveM the sa~d a9- ~•egatr sum mentioned in said promissory nore thrn re,na~ning ~npaid, with iniere>t accrued, and a:l mon~ys secured hereby, shaH becume dve and pay- ab:e torthwith, w thereafter, at the oprion of sa~d MORTGAGEE, as fully a~xJ comple~e~y as if ail oi the sa~d sums oF money were or~g~na:ly s~~p~~ated to be pa~d on such day, anything in sa.d pio~n~ssory note or in this Mortgage to Ihe comrary noixithst~ndi~u~; and thereupon or thcreafter at the op~~on of :>~d MORTGAGEE, without notice or demand, suit at law w in equity, therefore or thereafter begun, may be prosecuted as if alI moneys secured hereby n~d matured pr~ot to ~ts instit~tio~. 7. That in the event that at the beyinn;ng of or at any ti~ne pending any su~t upon this 11~ortgage, w to fweclose it, or to reform i~, or to enforce payment of any cla~ms he~eunder, said h10RTGAGEE shall apply to the Co~rt hav~ng jur~sd.cnon thereof 4or the appointment of a Receiver, such Court shail ic~rhwifh appo~nt a receive~ of said mortgag~d property al{ and si:~gular, inctud,ng all and s~ngutar the ir.come, prof~ti, issues and ~evenues from whatever s~ur~e derived, each an~ every of wh!ch, it be~ng express!y unde~srood, is hereby morigaged as ~f spec~ficaily set forth and descnbed in tFK granting and habendum ciauses hereof, and such Receiver shal{ have all the broad and effea~ve func: ons and powers in anyw~se enrrusred by a Cou~t to a Rec~~ver, a~~d s_ch appointment shall be made by svch Court as an admitred equ~ty and a matter of absoiute r~ght to said MOrZTGAGEE, and wirh:,ut refer~nce to the ad~_q~acy or inadequacy of the vaiue of the property mortgeged or to thr so.vency or ~nso~vency of sa~d MORiGAGOR a the defendents, and !hot such ,~~n:s, profits, incane, issues and reven~es shall be appl~ed by wch Recaive~ accord,ng to the tien or equity of said MORTGAGEE and the prac~ke of such Court. 8. To duly, promptty and fully perform, discharge, execute, effect, compfete, co~,piy w~~h and abide by each and every the st~p~iat~ons, agreements, conditions and covenants ~n sa~d promiuory note and th~s mortg3ge set forth. ! 9. That in the event the ownersh~p of the morrgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h".ORTGAGEE, its successors and ass~gns, may, wEthout notice to ~he AlORTGApR, deai w~rh wch successor or successor in inte~est w~tfi retere~ce to th~s n-o~tgage and the deu~ hereby secured in the same manner as w~th t.lo~tgago~ w~!Fwut in any way vit:ating or d~scharg~ng the /Aortgagori Iiab~Iity here- ur.der or upon the debt hereby secured. No sale of the F~en,ises hereby mortgaged ar.d no forbearante on the part oi Ihe /AORTGAGEE or its svccesso~s or assigns ard no extension of the time for the payment of the debt h~rehy secured given by the I'hORTGAGEE o~ its successors or ass gns, a~'~a!I operate ~o re!ease, d~scharge, modify change or affect the origmal Iiab,~:ty of the MORTGAGOR herein, either in whole or in part. 10_ It is spec f~caliy agreed rhat time is of the essence of th~s contrac~ and that no waiver of any o6~~gaf~on hereunder or of the obligation se- cvred hereby shall at an~ time rhereafter be hc'.d to be a waiver oF the terms hereof w of the instrument setured hc~by. j l l. in add.t~o~ to the lorego'ng monthly payments of pri~c pal and inte:est requ~red 'oy the prom'sscry nae secured hereb~, mo:tgagor covenams ; 3^d agr~es ro pay to ~*:o-tgagee wifh eacis monthiy pay~.~ent an add~r;onal sum est:n:ated by mo~tg3gee to be equai to 1. 12 of t;~e ano~al cost of the foiiow- ~ ng: E A-All real properr~ taxes te•:ie,-'. or assess•:d ag~~~ist the abave describcd reat esta:e. { ~ 6-Pron:~u~ns o~ fire and windsto:m insurarze as here~n req~,red to be carried on the improvzme~ts s:tuate on th: above d_sc*~:xd premises. s C-Premiun~s on such mortgage guaranty inwrar ce as mort~agee sha;l fro:r i me to ime deem fit to carry on t'~e loan secured hereby. ; Morrgagee sha~l from time to t[me ncf~fy mo~t-yagor ~n ,nrrt,ng of the a:r.ou~et due ard payable hereundar and wch wm shait thereupon be due and t c.3yable on the d~e ciate of thz next month:y payment and each success~ve Ror,th thereafter untii mortgagee shall nm:fy mortyagor of a change in s~ch ~ oun!. Such wms sha:l be appEied by mortga3ee toward ti~e payment of reaf property taaes, insurance p~em.ums, a~id mortgage guaranty insurance 3 c•emiums. ~ IN L'~ITNESS Y~HERFOF, the sai MOP,TGAGOR has hereunta set his hand and seal the day and year first aforesaid. ~ ~ Sig:~ed, Sealed and d"ve~ed ihe pres nce ot: ' ~ - (Seaf) ~ ~~ert G, Grant tseaq ` ~ ~2~..['~ ~~L. L~ ~ ~ik z~_.'~{Seaq t ~ _ Barbara M. (irant ~~ai~ S ~ ATE OF FLORIDA ~ ~.?UNTY OF Sti ~ Lucie ~ ~ j ~ Befwe me penonally appeared Robert G~`,rant and ? _ Barbara M. Grant his wife, to me well known and known to me to bt ~ rhe individuals desu~bed in and who executed the foregoing instrurr:e~t, and acknowtedged before me that they ezec~ted the same for tl~e pwposts rherein expresxd. And the :a~d Barbara M. Grant _ - . +y~fe of the said - - - vpon.~ ~pdra'~+~d privstl ~ ~ e*am~nation by me taken separate and apart from her said husbar.d, acknowledged to and befo+e me that she executed said instrup+em.~teijt._anl~~voSurr =f rar~Iy and w~thout any compulsion, conztraint, apprehens.on, or fear of or from her wid h~sband_ • L. n ~ WITNESS my hand and offrc~al seal th~:_ -___?~t!h - day of_ Febi'L'a = A/. D.~9 . - \ Nofa Public in and fo State'o larp~ My omm~ssion expire Mareh ~ s " - . • - Return To: -1~. " ~ S't !jt first Federal Savings b loan Aswciat~on :''i o! F°.r Pf-~° ftLE~ANORECOROEO _s Fo~r F~•~~ce f~cr~d3 ST. ~UCIE COU00TY F~A. ROCEF POITRAS 't~w CIERK Ct~CUIT COURT RECORD vE~iF~EO.~ ~ ~ = This Instrument Prepared By 1. N. Roberts, Jr. fEe ~5 13 ~~11 First Federa! Savings 8 loan Association of Fort Pierce ~ "lol'~~a 224~s4 - Checked BY - ~ E~~ F~ 1~9 P,ticE2838 ls - - ~ - - . . : .;y . . - ~ ~ ~ i;.,..