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Home My WebLink About0547 .1. TO plKf ~nd conrinvously kesp on ~h~ bu~:d~~ps now a Mr.ai~K uwa~ on sa~d I~nd a+d on a~t cqv~p~?te1 and p~r~auU~ cov~r~d by 1F~is n+a sq~. w~eh NI premium~ ~he~eon pa:d ~n full, I~r~ insur~ne~ in tM vsual sunda~d potKy foren, in •~we~ ipp~owd by tM MORiGAGEE. ~~d wi~a ~niw~na in ~M vwal siandard pol.q lam. in • sum approv~d by tM MORiGAGEE, i~ wch comWny a canpan~ as ~M MORTGAGEE rn d~tKtJ and ~11 f'ae and w~krorm inw?~nu potK~ss a+ ~ny of s~~d b~~W~~pw ~ny ine~~st tF~~in a paN ther~ol, i~ tlw pyre9ar~ Wm ~faeaid in ~xe~ss thaeof, thati contain rh~ uswl seandud matQapN clav~ w iuch aF~ dauw ~s ~he Mo.~9~e may rcquu~. ma~inp ~1» wu unde~ w~d po das, each and tvKy. parabl~ to ia~d MORTGAGEE as ~~s interest maY app~a. and eacA and ~ve~y ~ucA pot~cy tihall be prompNy au ~ned ~nd dNivered i any h~ld by ~aid MORiGAGEE as (ur~h~. secur~ry ~o sacd ma~9age d~br, Ind, n01 Ifff th~A fM (lO~ ~yi in adwancs of the ~~ir~tion of each po1Ky. ~o d~ i livei ro said N10RTGAGEE a r~wal ther~of, toqttMr with • rKeipt for tM pr~miute of svth reoewal; and ~hsre ~hall bf r+o f.re w windstam inWranc ~ pl+c~d on ~ny of said buitd~nys, any intc.cst there~n or pa.t tFweof, unleu in tM form ~~d w~~h 1he bss pavabt~ as afortsaid: and in the ewni aMr sun ~ of ~wMY becomes P+yable ur~der wch pol;cy p polK;e~ s~id MORTGAGEE sMll haw ~M option to recerve and appty fhe sam~ on ~ccoun~ of the i~dab~ed ~ ness secu~ed haeby a to permil said MORTGAGORS to rKeiva and us~ it Or aey pan Ihereof for o:i+cr purposes. ~v~thout Ih:+.o~ waivi.ig or ~mpair in9 +ny pu~ty, lien or righ~ unde? w by virtw oi this mo:•yapa; a+d in the evei+t ta~d /NORTGAGORS sha11 for ~ny reason fail ro keep ~he said premise~ io ~n~u?ed, or fail ro deliver promptly ~~y of said polKies ot iasur~nc~ ro sa~d MORiGAGEE, a fail promptty to pay lu~ly any pre~nium therofor w in any reapea fail b pe~(am, discha~ge, execute, effed, comptets, comply wirh ~nd abid~ by this covenant, a any part hereof, said MORTGAGEE may plice sne oev (or such iraurancs or ~ny pan lhereof wiMout waiviny o~ ~ffectin~ any option, lien, equity, or righ~ ur+da~ w by virtw of this Matgsye, snd the i full amovm of each and every sucA payment snan bs ~mmeo,aro°ry dve uxi p.yute .~~.i ::»:t L.+r u:tc:~u f:a:r. da+~ ,~r•-~±f •„•~~1 f»wl e~ tM ~aa oi i n~rx pe~ cenwm per a~num and togethe~ with such i~reresr shaU be secured by tiw lien of tAis mortgage. ~ 1. To permir, oommit or suffer no waste, knpairment a deterioratiw~ of said properry or aey part tMreof. 5. To pay all and airpulu the costs, charges and expcnses, includirg a reasonable sttorney i fee and costs of abstrads o! title, incurred or paid at any time by said 1NORTGAGfE, becauu or i~ the event of the failv~e on the pan of the said MORTGAGOR to duly, promptly and futly periwm, d~xhxge, execvte, eifect, comptete, compty w~rh and ab:de by each and every the stipulations, agreementa, cw~ditio.u, snd covenants of said promiuory note and this mo.tgsge any or eithe~, and sa~d costs, charges +nd expensea, cach and overy, shall be imrt?ediately due and payable; whether or not there be eotice de~ mand, attempt to colkct or wit pend~ng; arx! ~he fvll arnount of eath and every wth payment shall bea? imerest from !he date thereof until p~id d the r:»e o( nine per centum per a~num; anc! all said costs, charges and expenxs incurred o~ paid, together w~th such interest, shall be secured by tF?e lien of 1hN mortg~ge. 6. ll+at (s) in the eveot of any breach of this Matgsge w default on the part of the MORTGAGOR, or (b) in the ever?t any of sa;d svms of ma~ey herein refe?red to be not prompfly and fully paid within thirty (30) days next afte~ the same severally betome d~e and payable. without demand w ratice. or (cJ i~ the event .each and every the stipulations„ agreemenn, conditions and covenants of sa:d promiuory note and th~s matgage a~y a eithet are nof iuly, promptly and futy periormed, d~scharged, eaecuted, effected, completed, compl~ed wlth and abided Sy, the~ in either w any such event the said ag g~egate wm mentioned in said promiuwy note then remaining ~npaid, with imerest scuued, and all moneys xcured 1?ereby, shall become due and pay- able fathwi?h, w thereafter, at the option of said MORTGAGEE, as fully snd completely as if al1 of the said wrtu of ma~ey were aiginally st~pukted to be pa;d on such day, anythirg in sa~d promiuory note a in fhis Martgage to the contrary notwithstanding; and thereupoe~ w thereafter st the option of said MORTGAGEE, without ratice or demand, wit at law w in equity, therefwe w thereafia begun, may be prosacuted as if atl maxys secured hereby h?~± n!ar~.ed gN« ro~n irnrirurion. 7. That in the event thnt at the beginn~ng of or at any time pendirg any suit upon this Mortgage, « M fweclose it, w to refwm it, or to e~force payment of any claims hereu~der, said MpRTGAGEE shall apply to 1he Court haviny jurisdkiwn ~hereof for the appointment of a Receiver, such Co~rt shall Forthwith appoint a receiver oI said mortgaged property all and s'ugvlar, includ,ng all and a7ngular the income, profits, iuues and reven~es from whatever source derived, each and every of which, it being expressly understood, is hereby mwtgaged u if spec:iically set fath and destribed in the granting and habendum clauses fie~eof, and suth Receiver shall have all the boad and effective functions aod powers in anywise entruated by a Coun fo a Receiver, and s~ch appoinrment shall be made by such Court as an admitted equity and a mstter of absolute right to said MORTGAGEE, and without reference lo the adequacy w inadequacy of the value of the proporty mo?tgaged o? to the wivency o~ insolvency of sald AAORTGAGOR w the defendants, and that such ren~s, profits, incane, issues and rcvenues shaN be applied by wch Reteive~ accoid;ng to the lien w equity of said MORTGAGEE and the practice oi such CouR. 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, ~greements, condit~orts and covenants in said promisswy note and this morrgage sef fwth. 9. That io the event the owr~ership of the mortgaged prem;ses, w any pan thereof, becornes vested in a person othe~ than the MORTGAGOR, the MOR7GAGEE, its svccessws and' augns, may, without notice to the MORTGAUR, deal with such wccessor a successor in interest with reference to this mortgage and the debt hereby secured in the same manne~ as with Nbrtgagor without in any way vitiating or dixharginq the Mortgagors' liability here- under w upon the debt hereby secured. No sale of the Fremises he~eby mortgagea and no forbearance on the pan of the MORTGAGEE w its successws o~ assigns a~d no eateniwn of the time iw the payment of the debt hereby secvred given by the MORTGAGEE or its successors w auigns, ahalt operate ro release, d~uharge, modify change or affect the aigina! liab;lity of !he MORTGAGOR herei~, either in whote w in part. ( i )0. It is spec~ficaUy agreed that time is of the. essence of this contract and that no waiver oi any obligation heraurxler or of the obligation st cured he~eby siwll at any time thereafter be hetd fo be a waiver of the terms hereot w of the instrument secured herby. 11. In add~tio~ to the fwego:ng month~y paymeNS of princ"pal artd interest required by the {xomiuory nose secured he~eby, mortgagar correnants and agrees to pay fo mortgagee~ wirh each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1~12 of the annual tost of the follow- in~: - A-All real property taxes levied w assessed agai~st the above desuibed real estate. B-Premiums on fire and windstorm insurartce as here~n requ~red fo be carried on the improveme~ts situate on the above described premises. C-Premiums on such mwtgage guaranty i~surar,ce u mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mwtgagee shall from time to time notify mortgagor in writing of the amoum due and payabk hereunder and such sum shall thereupo~ be due and Fayabte on the due date of the next month!y payment and each successive month thereafter ur.tit mortgagee sha11 notify mortgagor of a changd .n such a-nount. $uch sums sF~a11 be applied by mortgagee toward the payment of real property faxes, insurance prem:ums, and morfgage guaranty insurance premiums. IN WITNESS WHEREOF, the sa~d MOR?GAGOR has hereunto set Frs hand and seal the day aod year fint aforesaid. ed Sealed nd li in the prese of: ~ _~.s~.~~ ~ ~ (Sea~ Irene Crist ,ya~ _ _ ,sc,o S7A7E OF FLORIDA - ~ ' St. Lucie COUNIY OF eefore me persw~ally appeared Irene CZ1St ~ d W1dOM ~ 1#~fs, to well known and krwwn to me fo be ' !he individua desvibed in ~nd who tzecuted the foregoing instrvment, and stk~wwledged before me that ~he~executed the same fw the purpoaes rherein expressed_ Apttlll~~~ aai~~~~ q~o~Fiii~aalF~~A~i~ oxr~a~ae~~spdemd~soet~~oo'A-'--"~~~g~d~~~7ns~isr~ssoawsd aa~ lad~e~nd~atbae~s~rsaa~ofia~cffi~~v #~ea6as~msi~esi~6t~ds~ WITNESS my hand and official seal ihi day of A. D. 19~ ~ S'1'AT ~ ~F r L O R I l7 A~ - ~ta Pu in s fw fhe afe of Fbrida ~t Lar . : y.~-. _ c~ ~ DOCUMENTAp" STAMP T~1~X ~ Mr ry ' ~=~a: L/ 9~.59" ~ - NOTIIRY PUBUC S ATE ~ f~~IDA AT uR~ i 9 ~ ~ . J. % MY COMMISSION EXPIRES AUG. 6. 1975 ~ ,p - , ' 3 4 ~ ~ _ ~ , ; . . , . . = 6E/+IERAL 1NSURANCE UNDERWRl7'ERS. ~tiC. f c - ~fi.~ ~E 3 - - 'f . *~,'7Mfit ' : - , T , , _ , ..,v.~ , ~~M~p~ <5.., ~?NO f E This Instrument Pre red B.Iohn W. '~•~dr~ n`."? i ~ Pa Y ~o~.~iirs - : ~ IE CO ~ First Federal Savings 8 Loan Association i~ ~ i~~O~E,~ POItR~i ~ ~ of Fort Pierce~ Rlozida • y~~~=~ ~ - ~~~RVERIf1E~ f ~ _,;3!~• REC~AD Checked By S" ~M t 2~ P^ ` . . , , IK~ 1 , 8~2p1. ~?~E 546 ~o~ ~ ~ . - ~