The URL can be used to link to this page

Home My WebLink About0016 J. io p1~c~ and co~riewo~,~ly te~p a+ t1» bu~'J~~+q• now w lwre.u~? ?nw~~ on ~•~d l~nd a~d on ~U equipn»m ~nd pKwn~ily cov~~~d hy ~h~~ ~na ~ ~q~. with ~I) pifmi~ms IheroOn pa.d m luil. lue i~~W~~~ts ~o ~M vlwl t~~~da~d po~Ky fWm, in •~um ~Fwo~~d b~ the MOR~GAGEE. ~nd w~~t0 ~nswanc~ in IM ~twl ~~~nda.d poi~cy ~am, in •~~m ~pp.o+~d by ~h~ MORiGAGEE, in sucA canpanY u ca^P+^~N MORTGAGEE T direu; ~nd all fir~ and w:nds~o~m ms~ranc~ polic~s a+ ~ny ol se~d bu~~d,np~, any iM~~~~~ ~haeio w pa~t tMr~ot, in tM apqrey~q wm ~fpesaid in ~xcas ~he~eo(, fMll conuin ~M utu~l sta~da~d matflsye~ c~aua~ a~uch o~ha clavs~ ~s tM Mo+~p~9N may requ~r~. nukinp ~M ~o~i undN ~~d po c~e~, each and ~v~?y, pavabf~ ro'said MORiGAGEE as ~ti iMe~ef1 may ~ppear, ~nd each and tvery tvch poi~c~ fheil b~ p~omptly •~s y~ed ~nd dN~vered ~ ~ny held b~ iaid MORiGAGEE ~s lurihe? iecv~ity w said mortqe9~ debt, a~xf, oo~ leu tMn 110) days in ~dvsnc~ oi ~}+a eapir~uoo ol e~ch policy, to d~ I~~~r ~o said MORTGAGEE • renewel thereof, toqe~lwr wi~h a rece~pt fw the prr~n~um of ~uch ~en~.va~; a~ ~he.t iMU be no fu~ o~ windsio~m inw.anc placed ot? aey oi t~id b~rild~~s. any inter~~l thtre~n or parl ~hereof, unlrs~ in th~ (orm ~nd with tF+~ loss payable a• •taes~id: a+d in tM ~venl ~ny sun of mon~y becomss payable unde~ such pol~ty or polk~e~ ia~d MORiGAGEE shall haw ths opt~on to ~eceive end apply ~he same on accovnt of tM indeb~cd neas utured hereby os ro pe?mil said NWRTGAGORS ~o receive snd use it a any part thereof fo~ otixr pwposrs. w]~hovt Ii~_~~o~ wai~i~g o~ ~mpah-~ in9 any equiry, lieo p rght u~de~ w by vi~tw of thii mat9aye; +nd i~ 1he ~vcnf u~d MORTGAGORS ihall tw a~y reason fai) to keep tF~e sa~d p~e~n~uy io insu.ed, or (ail to delive~ promp~ly any of said po~K~es of insurance to sa~d MORfGAGEE, a fai! prompNy to pay fu~ty ~ny pre~~~~um therefo~ a in a~y respect fail to pe~fam, diuharge, execute, e((ect, complete, comply with and abids by this covenanf, w any part hrreaf, sa~d MORTGAGEE may place a~~d ' pay fw s~ch i~?suranc~ w any part thereof w~thout w~iving or af(ectirg any opt:on, ticn, eqv~ty, w ri~ht unda a by virtus of ~his Matpape, and the amount of each and evtry such paymem shall be immediately dw a~d payable and thal! besr iMeres~ from the date the~eof until paid a1 the rate of ~ n~ne per centum per annum and to~ether with such interest shalf be stcured by the lien oi this mortgage. To permit, commit or suf(er no waste, impairmRnt w deterioration of said property w eny parf thereof. 5. To psy all ~nd singular the costs, charges +nd eapenxs, ~ncluding a reasonsble attwney i(ee and costs of abstracts of title, incurred w psid at any time by ssid MORTGAG:E, because or in the event of the failure on ti?e part of the said MORTGAGOR ~o duly; promp?ly and fully perform, d~uharge, rxecute, effect, compkte, comply w~th and ab:de by each and every the stipula~~ons, agreements, conditiau, ~nd covenants of sa~d promissory note and thi~ mwtgage any or eitF?s~, and uid costs, charges and expenses, each and eve~y, shall be immedia~ety due and payable; whether a not there be no~~ce de mand, attempt to cotkct or suit pendin9; and the full amount oi each and every such payment shaN bear interest 'rom the date thereof until paid at the ro+e of nine per centum per annum; and all said costs, charges and expenses inturted or paid, togethet wilh suth interest, sF?all be tetured by the lien of thii mortgape. ' 6. ihat (a) in the evcnt of any breach of this 1Nortgage w defaull on the part of the MORTGAGOR, or (b) in the event any of ss~d sums of money herein referred to be not prompfly snd fulty paid within th~rty (30) days nexi afrer ~he sarne xverally become d~e and payable, wi~hout demand o~ notice, or (c) in the event each and every the stipulations, agreements, condifions and covenants of sa',d promissory oote and this mortgsge any o~ either a~e not ~uly, promptly and fully performed, dlscharged, executed, effected, completed, complied with and abided `ay, then in either a any such event the said ag- gregate sum mentaned in said promissory note tF+en remaining unpaid, with interest accrued, and all moneys setured hereby, shall become due and pay- ab:e forthwith, w thereafter, at tF?e option of said MORTGAGEE, as fully and completely as if all of the said sums of money were originally stipulated ro be paid on such day, anything in said promisswy ~ote or in this Mo.tgage to the comrary notwithstand:ng; and ~hereupon a thereafter at the opt~on of ' said MORTGAGEE, without notice w demand, suit at law or in equity, therefore a thereafter begun, may be prosecuted as if ell moneys setured hereby nad matured pnor to its institution. _ 7. That in the event that at the beginn~ng of w at any time pending any suit upo~ this Matgage, a to faeclose it, w to refwm it, or to enforce p~ymeM of any claims hereunder, said MORTGAGEE shafl app~y to the Cour1 having jurisd~ction thereof for the appuintment of a Reteiver, such Court shall Forthwith appoint a receiver of said mor~gaged p?operty all and singular, includ~ng all and singular the incomr, profits, issues and revenues from whatever source derived, eath and every of which, it being expressly understood, is hereby mortgaged as ii specifiwlly set forth and destribed in the granting and habend~m tlauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receive~, and s~ch appointment shall be made by such Court as an ad~nitted eguity and a rt+atter of absolute right to said MORiGAGEE, a~d without reference to the adequacy or inadequaty of the value of the property mwtgaged w to the sotvency or insolvency of said MORTGAGOR o~ the detendants, and that such renrs, profits, income, iuua and revenues shall be applied by such Receiver according to the lien or equiry of said MORTGAGEE and the practice of wch Court. 8. To duly, promptly and fvlly perform, discharge, ezecute, effect, complete, comply w~th and abide by each and every the stipulations, agreements, condiYans and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, 1he h',ORTGAGEE, its successors and assigns, may, wirhout notice to the MORTGAUx, oeal with such succeuor a successw in interest with refe~ence to this ( mort9age and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or dixharging the Mwtgagors' liability hero- under or upon the debt hereby secured. No sale of the prem~ses hereby mortgaged and no forbearance on ~he pa~t oi the MORiGAGEE w its successors or assig~s and no earension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, afiall operate ro release, discharge, modify change or affect the orig~nal liabil~ty of the MORTGAGOR herein, either in whole w in psrt. 10. It is speciflcally agreed that time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addltio~ to the fwego'ng monthly paym~nts of princ'pal and interest reqvired by the prom:ssory no!e secured hereby, mortgagor covenants and agrees to pay to mo:tgagee with each monthly pay~.,ent an add~~ional sum est~n:ated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above descri5ed real estate_ ~ B-Premiums on fire and windsrorm insurar.ce as here~n requ~red to be carried on the improveme~ts situate on tF~e above described premises_ C-Premiums on such mortgage guaranty insurance as mor~gagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amovnt due and payable hereundx ana such sum shall thereupon be due and i ~ayable on the due date of the nezt momhly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a charge in such 'i i a~nount. Such sums shall be applied by mortgagee toward the payment of real property tazes, insurance prem:ums, and mottgage guaranty insurance ~ j premiums. /~~~%V(/ ~ ~ IN WtTNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the da and fi afw 'd. + € ' ned, Sealed. red in the presenc of: ! Witnesses as to Walter ~ M. Walker. r • r .n Witnesses as to f ,,i;,,,,,,,,~ ~ ~u ,t.,~ Josephine G. Walker.•- ~ s p ne~Tir-al rer STATE OF fIORIDA ~c~y ~f couNnr oF St. Lucie ~ ILE9 ND RE6 ~t ~/GA619 ~ Walter M. T~3~iC6Y`~~: ~UC~E E~OU end Before me personally appeared e3 l IRCUIT C UI~~ ~.A~ to me we11 known and known to me to be rhe individwt desc~i6ed in and who executed the foregang ~mtrwnent, fore me that he executed the san~~~he purposes therein expressed. -ltrrd~fh~t ' y' 1 ~i/reFli~7sit! ' 4~T /'~e . ~ a~imtDatiGOb*~ikea.ssprr+L.aod+parf~Lw~~w.Ni~iw~r~w~o~ial!'e~~I~wd~be(er! +nelhsh tar_IY~~~JI~RYL~lYJ~4IDQ41SIp0..GGDikii4S.~i~{ic 1dlc.nf ~i.ircrab~c.aaid~~ar~ , . ' . ~j L i WITNESS my hand and official seal thi day of A. O; ~ ~ ~ + l ~ Notary lic in and fw the S1fiA Fbri~a at ~ar~." STATE OF7F~ ~1~0 ~ My Commiuion expires: r/ _~~.'t~~,~~^' /Y L~r f ; ~ Cc,Y~IiOG~ ~ ~ couNtir oF j Before me personally appeared Joseplii.ne Ci. W81~C@Y' ~nd his wife, to me well know~ and kwown to me to be rc the individual desuibed in and wFa executed tFx fwegoiny irutrument, and acknowledged before me that ~?e executed.sFie ~fo4 tM purposes therein expressed. Md the said J036~1t13.1'le W~1q9I' f~ •i r!f',.~:e ~~re or rhe sa~a Walter M. Walker vpa? kpu.re~.nd~ ~v,t. examinat~on by me taken sepa~ate and apsrt from her said husband, ackrwwledged to and beEore rtx that she executec~ ~;inst~x~M freely anf~.volun- ~ rarily and without any compulsan, constraint, apprehens~on w fear of w from her said husband. ~ { ' WITNESS my hand and officisl seal this Z ~ 1 day of R~~''~ A. D. 19~~ This instrument prepared by Wta . S. Braun f• ' r~.rst Federal Sav3ngs and Loan Association - Notary P~blic in snd for the St~t~ ' Fart Pieree ~Ol'~3 My Comm~ssion ex res• ~Return Tw ~ RG~ R`1' F. P Fint federa) Savingi a loan Associat~on 0 R Yrt~ry Pu~~~c For CuY~ho~~ T~ ~c ;J,, P`. , d~~{~O~ PAGE ~y Wmmission fxpires J1uQ. 23, 1975 , 4 - Y'4.-r4 f ~ ,a~„ y _ _ . . . _ . . . " ' . ' " ' _ `~3t' .9~ ~ ~ .3,... __3•Y _ _ r y,.t.~ ~2-~',- T ~ °