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Home My WebLink About1539 3. To p~ace and continuously Aeep on the bu+:d~ng~ now or he~eaitrr a~tuate on sa~d land and on ali equip~nenl and persona'ly covered by thi~ mw ~ge, with all pr~miums thereon pa~d in fu~l, fire insu~ence in the usual standaid polity lOrm, in a sum approved by ihe MORIuAGEE, and windtto ~nsurante in tM us~al standard pol:cy fonn, in a sum approtird by ihe h10RTGAGEE, i~ suth tompany o? tompan~es as the MORTGAGEE dnccr, u+d all fiie and w~ndirorm insurance pol~c~es oo any of ia~d bu~~d.ngs, ~ny inrerest therein oi part thereol, in ~he aggre9a~e ~um afo~esaid in excess thereof, sFull :ontain eh.e usua~ standard morig+gte dause o~ such othe~ cta~se as Ihe Morlgagee may reqwro, maAing the ioss under ta~d po c~es, each and every, pay~ble /o said AtORTGAGEE ss its intereit may appear, and each and eve~y such po~~c/ shall be-p~omp~lY ass9ned a~~d de~~vered ~ sny held by sa~d MOR(GAGEE as (urther security to said mor~gage debt, a~~d, no~ :ess than ten (10) days in ad.•ance oi the expiration oi each pol6cy, to d~ I~ver ro said MORTGAGEE a renawal thereoF, toge~her with a rrce~pt for the premium ol such renewal; and ~hrre shall be no i~re or w~~~dsto~m inw~anc pliced on any of said buildings, any intrrtst Ihere~n or part thereof, unfess in tne ionn and with the loss payable as aforesaid; and in the event any sun of mooey betomes payable under such polity or po~~cies said b10RTGAGEE shail have the opt;o~ to receive and apply the same on accounl o! the indabted ness ietured hNreby Or to pe~mit said MORTCaAGORS to receive a~d us0 il o? any parl thc:eol 1or o:ir.r pvrc cses, v.~tho~~t th~rcof ~.va~v~,i3 or ui~p~u ing any equ~ty, lie~ a righf under ot by virtue of this moc'gage; and in ~he evem ~a~d MORTGAGORS shall .`or any reason fai) to keep the sa~d p~em~srs so ~nsured, o~ fail to delivcr promptly any of said pol~ues of ~nsurante to sald h~ORTGAGEE, or f~it promptly to pay fully any prem~um the~efw or in a~y respect iail to perform, discharge, exewte, effecl, completa, comply wiih and abide by this covena:v, a any part hereof, sa~d MGRTGAGEE may pface a~~d pay fo~ auch insurance or a~y part ihereof w~thout wa~ving or affzcting any opt~on, lien, equ~ty, or righ~ under w b~r v~rtue of this hlortqage, and the t~ll amount of each and every such paymrnt sFwll be immediately due and payab~e and shail bear interest from the date thereof until paid at the rate o1 rvne per centum per annum and to~ethe~ wnh such inte~ess sha~~ be srcvred by the lien of this mortgage. 1. To permit, commit o? suffe~ no waste, impairment or deter~oretion of said property or any part thereof. S. To pay all e~d singular the costs, charges and -exprnses, includ~ng a reasonabte atrorney's (ee and costs of abstrac?s of title, incurred or pa~d at any time by said MORTGAGEE, because a in ~he eve~t of the fa~iure on ~he part of the saed MORTGAGOR to duly, promptly and fully perform, d~xharge. e,ecute, effect, tomplete, comp!y w~th and ab:de by ea:h and every thr stipuiauons, agree~~ems, condinons, and covenants of said promissory note and thii morrgage any or either, and sa:d costs, charges and expenses, each and eve~y, ahall be immrdiately due and payable; whether or no1 there be ~otice de mand, attempt to cotlect or suet pend~ng; and the full a~nount of each and every such paymen~ sholl bear iNarest irom tht datt thereof unti~ paid at the ~~r~~ of nine per centum per anuu:n; ane+ all said costs, cha~ges a:~d expenses inturred w paid, together wnh such interett, sha~l Ix secured by tht lirn of thi~ mortgage. 6. That (a) in the evenl of any breach of th~s Mortgage or default on the part of the M.ORTG~IGOR, o~ (b) in the event sny oi faid sums of money herein roferred to be not promptly and fully paid wi~h~n th.rty ~3J) days neat ai~er the same severatly become due and payable, without demand or noute, ~r (c) in the evtnt each and eve~y the stipu:arions, agreements, condi~ions a~d covenants of sa,d promissory note arxl th~s mortgage any or either are not iu~y, promptly and fully performed, d:scharged, e~cec~ted, eifected, completed, compl~ed with and ab~ded Sy, then in either w any such eveM the sa~d ag ~~e3ate sum mentioned in said prom~ssay note then ren,aining unpaid, with interest accwed, and atl moneys secured hereby, shall become due and pay- ab e forthwith, or thereafter, at the oprion of said MORiGAGEE, as fully a~x! comple~ely as if all of the said sums of money were wginally ~fipulated to be pa~d on such day, anythir.g in sa:d prom+ssory nete w in this Mortgage to the comrary nofw~thstand~ng; and thereupon Qr _thereafter a1 ~he option of , sa d MORTGAGEE, without ooticr or demand, suit at law or in equny, therefore or thereafrer l~gun, may be prosecuted as if all moneys setured hereby { n.:d matured pnor to ~ts institution. ' ~ 7. That in 1he event that at the beginn~ng of or at any time pending any suit upon this Mortgage, or to ~oreclou it, o? to refwm it, or to tnforce t rayment of any tlai~ns hereundet, said MORTGAG:E shall appty to the Co~rt havi«g ~ur~sd~tt~on thereof ior the appointment of a Receivet, such Courl shall ~ fo~thwith appoim a receiver of said mortgaged property a;l and singular, includ~ng ail a„d s~~~guiar the ir.come, prof~~s, issues and revenues from whatever sovrce derived, each snd every of whkh, it be~ng expressty unders~ocd, n hereby morrg~ged as iS speulically set fonh ano described in the granting and h36endum dauses Aereof, and such Receiver shall have all the br~ad and eftecT~ve functons and pov.ers in anyw~se entrusted by a Cou~t to a Receiver, and s_ch appoinfinent shall be made by such Cou~t as an admitred equ+ty and a m:a~rer of absolute right to said MORTGAGEE, and without ?eference ro the adequacy or inadequacy of the vat~e of fhe property mongaged or to ~he so.vency or ~nso~vency o( said h10RiGAGOR or the defendants, and that such ~ re~~s, profits, incane, issues and ~evenues shaH be applied by such Receiver a.cord,ng to the tien w equity of sa~d MORiGAGEE and the practice of such Court. 8. To duly, prompt:y and fvlly perform, discharge, exezute, effect, complete, con,ply with and abide by each and every the stipulatians, agrcements, ;onditions and covenants in sa~d prom~ssory note and th;s mortgage set forth. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, Eecomes vested in a perwn other than the MORTGAGOR, the .'QRTGAGEE, its successors and ass;gns, may, w~rho~t not~ce to the MORTGAOR, deal with such successw or successor in interest with reference to this ortgage and the deot hereby secured in the same manner as w~th Mo~tgagor witho~t in any way vitiating or discha~ging the IAortgagors" liability hert :,nder or upon the debt hereby sec~red. No sa:e of the pren~ises hereby mortgaged and no forbearance on the part of the ld~RTGAGEE or its successors . c~ assig~s and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, a~iall operate ! ro release, d+scharge, modify change or affect the origmal liau~lny of the N.ORTGAGOR herein, either in whole or in part. ~ 10. It is spec~fically agreed that time is of the essence of this contract a~d that no waiver of any obligatio~ hereunder or of the obtigatan se- cured hereby shali at any time shereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tie~ to the forego ng monthly payments of princ Nal and inrerest required by the prorr~ ssory no~e secured hereby, mwtgagor tovenants ~~•d agrees to pay to mortg~gee with each monthly payr,:ent an add~rional sum cst~mared by mortgagee to be equa! to 1/ 12 of the annual cast of the follow- A-All real property taxrs levied or assessed agai~st thc above described real estate. B-Prem~ums on fire and w~ndsto:~n insurarce as herein requ~rcd to be carricd on the improveme~ts situate on thc above dastribed premisea. C-Premiums on such mortgage g~aranty ir.surar,ce as mortgagee shall from t me to time deem fit to carry on the loan setur~td hereby. Mortgagee sha!I f~cm t~me to tirr.e norijy mertgago. writing of the a~r.ou•~t due and payable hereundrr and such sum shall thereupon be due and .~~abte on the d~e dete of ihe ne:t month!y paymem and each successive momh thereafr~r uotil matgagee shall notify mort ago of a change in such , ount_ Such sums sha;l be applird by mortgagre toward the payment of real property taxes, insuranc rem:ums, and mort e guaranty ~ rance -;•emiums. - i 'i IN WITNESS WHEREOF, the said MORTGAGOR has hereu~to set his har.d and seal the day a' e r , ~ Signed, $eated and delivered in the presence of: i fILED AMQ RECOR~EO ' a~~ i ST. LUCIE COUNTY FLA. e W. H11Ck ~ ROCE~ POITRAS ~ «s~~ ' CLERK Cii~CU1T COURT ~ ~ CGt, ~ap r _ REGQRD VE~~~IEO~ an C. Huck _ (Seal) ~ 1 1 ~ ~~AtE OF FIORIDA 1S ~ S~ ~'~Z ~ ~SS. i ~JUNTY Of St.. ~1Li@ ~ 2?25655 Before me perwnally appeared ~ar1@ W. ~L1C~C snd .16~1 C. Hl1C~C his wiie, to me well known and known to me to be " ~ rhe ind;vidual~ described in and who executed the foregoing instrument, and acknowledged before me that they executed the same fw the purposes k rh~rein expresxd. And the said Je'~ C. ~I1Ck ~ DUSA9 `IT~ HUC~C q r:~*e of the said upors a separate and privat~ " ~~.am~nat~on by me taken separate and apait from her sa~d husband, acknowledged to and before me that she exetuted said instrument freeiy and volun- ~ ~ar~ly and w~thout any compulsicn, constraint, apprehens~on~r fear of w f~om he? said husband. ~ WIiNESS my hand and offic~al xal this_-~,~ ~ day of ~~h A. D. 19~ ~ ` Notary Publ" and for the S te of flwids at larpe My Comm on expircs: ~ / ~ ] Return To: - ~ ,•t " Pirst Federal Sa~ings ~ loan Assoc~a+co~ NOTARY PUtiUC STATE OF FCORIDA AT LAR(~ ,y Of Fo~t P:erce. 1~+' t..:•' i:; 6ENERNL INSURA CE UNDERWR1jERg1~ Fort Pierce, Fler.da ~ ¢ = et~ /~y~ " ,kL_j~~• ; ~~i~'~ ' ~ ` ,s ~t _ ~ ' ' • :~;'~e~ t ` ;.'fr,~1: • ~ This Instrument Prepared By ~tl. E. Braup.'~J 'j~' First Federal Savings & Loan Association .'~~~'A~.~"~ of Fort Pierce ~ Florida ~ Checked By - . Ji 0 k~ ~E~~~ ~ ~ }s ~ ~ ~ ~ ~ : ~ ~ ~"7~~u'x < "f* ~ a" s ~ _ ~ »~a^ r~.. 't"~ ~ . ~.r - =`'K"'~ ~ z.~" . ~i- r ~ r' '`7 s~~ ~ ~ ~i4'_Srt~~~ ~.d~~~~~ ~r - x. ~ K .,`5'F^-s