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Home My WebLink About1865 To p1~a ~nd continuordy kNp on ~M bu~!d~ now a h.r••i~ «w~n on ~.+d ~.~d N+d c^ ~It .q.+b~*~^~ ~nd PNa~llr cow~~d b1r N~ Ta p~. w~~A ~U pr~+n~wna ~he+~on p+.d in full, fu~ ieuw~na ~n ~1w ww1 ~~•~d polky fa~n. b•~ww ~pprawd br ~M N101ttGAGEE. Md w~nd~ro ~~wN?n in tM ww1 ~~~rd pala~r la~n. in ~ swn WPro.~d by tM MORTGAGEE. N wcA conp~ny a~M as tM AAORTGAGEE ~ dNK1j ~nd ~11 fir~ ~nd wiew~arm uaw~na policiN a+ ~nl? of a~d buiW~+p~. ~nq M»nst tM~ein o~ pw~ N~w1. M~ tM p~~~a w+~ ~faes~~d in ~aau tMrw/. ~MII com~in ~M vswl ~~~ndwd ma~ppN dwM a sucA WI~ clauw a ~M M~.papN ~y rp~w~. nwlinp tM Iw~ urwlK u~d po ciN. Nch w~d ~w~y. Wvab~ ro ~aid MORTGAGEE ~n ie~~~.~st rnay ~pp~+?. ~rd ~ad~ Md ~vNY ~ud~ Po~~cY ~h~ll b~ P~a^p~b ~9~wd M+d deiiwred ~ ~ny MId by a~id MORTGAGEE ~s fw~hN ~ecu~iry to a~id mw~pp~ d~W. a~d. no~ I~u ~Mn tN? (1~ day~ in adrM+c~ o/ tM ~xpir~~an of e~ch Pclicy. w d I~w~ to ~~d MORTGAGEE a r~wal tMrwf. top~~Mr witA • rK~ipl Iw tM pn~uw~ 01 wd~ ~~Mwa1J a+d ~Mn ~1+ail b~ eo ftr~ w wirduam inswanc ptaad on a~r of ~aid bvildirqs, any in?er~at tlw.~a+ a p+~t ~her~of, un1~a ie tM fam a~d wi~h tM bas paYabl~ a dwnajd~ and in tM ~wnt ~ny ~w~ of maK~ beconKa paY+bl~ u^dN ~uch P°~icy P~K'~+ s"d MORTGAGEE ah+ll Mw ~h~ opt~a+ ro nceiw and ~pply tM wn~ o~ ~ccow+t ot th~ indebted n~u wtw~d Iwrtby o~ ro~x.. ~it s~id lNORTGAGORS lo receiw and u~ it w any pa~~ ~hereo{ Iw o:hcr pur~oses, w~~hou~ thrcoi wat~i~~ w ~mpair irq any pvity, li~n w rph~ w~de~ w by v'atw of this m~tppr. ~nd in tM ~wn1 saw! MORTGI?GORS sMll fo~ aoy r.ason i•il ro k.•p ~M sa~d p.Nniies so insu?~d, w f~tl w deliv~r promptly aMr of Nid pO~KiN OI i~w~anc~ to said MORTG!?GEE, o~ fail promptly ~o pay fully My premiwn ~her~for a in +ny respect fail w perfwm, dixh~rg~. execut~. ~If~ct. compl~t~. complY with and ~bid~ by thh cov~n+~~, or +ny part M«of, ~aid MORTGAGEE may plaoe ~nd paY fw wch imuranc~ or u~y pan thKeof without waivinp or affMinp ~nY oWion. ~i~n. ~4~ity, w rpht vnder a by virtw of this Mor~9+p~. a+d tM 4u11 emount of each and twry such p+Yme^t sl+~ll be immedi~i~ly dw and p~yabb and thall b~~~ intK~tt fram th~ datt thKeof until paid a~ tM rah of nin~ p~t centum pN aeuwm and topether with such intaest shall b~ secured by ths li~n ol this matpp~. To permit, ooenndt w suffa no wa~t~. imp~irment o~ detaior~tion of siid prop~.ry a any p~rt thereof. 5. To pay all aod sinpulu the costi, ch~rp~s ~r+d expenses, inclvdinp a rwsonabl~ attwn~y's fN +nd wsts of ~bstr~cts of titl~, incvrred w paid a1 any time by said MORTGAGEE, because w in the wenl of the failure on tF» p+N of the s~id MORTGAGOR ro dvty. promptly u+d fully pKfwm, discha?~~. execute, effM. oompteq. comply with and ab~d~ by each and every the itipulations, s9re~ments, conditio~s, ~nd coven+nts ot said promisw?y nofe and thi~ matysge ~ny w eitha. and sait! costa, chuges +nd expenses, esch and every, shall b~ immadiately dw and pay~ble: whether or not ther~ be not~ce d~ r++and. attempt ro collect a wit pendiny; and the full amount of esch and we~y sucl~ paymem sMll bear int~r~st from the dat~ thereof until paid ~t the rare of nirK per centum per arnium; and all said costs, char~es and expenses incvrred or paid, to~ether with wch interest, shall b~ secured by the lien of thit mort9~ye. 6. Tl++t (s) in tM event of sny brexh of this Mortgsge w default on the pan of the MORTGAGOR, or (b) in the event a~y of s+~d wms of money herein referred to be not ptomptly and f~lly paid within th;rty (30) days ~ext aher 1he sam~ severally betomt due ~od p+yabk, t+rithout dtm~nd or notite, or (c) in the evero each and every tt+e stiputatiau, sgreements, conditions ~nd coven+nts of ss7d p?omissory note +nd this mortpaye ~ny o? ather are not iuly, promptly and fuliy perfwmed, discF~arged, executed, effected, comp{eted, complied with snd abided tiy, then in either or any such ~vent tM s+~d p~ gregate wm meotaned in said promiuwy note the~ remsining unp~id, with iNerest acuued, and all moneys setured hereby, shall become due and pay~ able forthwitA, or tFKreafter, at the option of said MORTGAGEE, as f~lly and completely as ii all of the said wms of money were orig~natly stipulated to be paid o~ s~ch day, anything in sa+d promiasory rafe or in this Mortgage to the contnry ootwithstaoding; and thereupo~ or thereafter ~f the option of said MORTGAGEE, without ratice w dem+nd, wit at law a in eqvity, therefore w thereafte~ bey~n, m~y be proxculed ~s if ma~ells sacured hereby had matured prwr to its iiutitution. 7. That in the event that at the beginning of or at any time pending a~y wit upon this Nlortgage, or to fweclose it, or to reform it, or to enforct payment of any claims he?eunder, said MORTGAGEE shatl apply to the Court hsving jurisditlion thereof fw the appointment of ~ Receiver, suth Court shsll ~ Forthwith appoiM a receiver of said mortgaged property all and si~gulu, intlud~ng all and singulsr ths incorne, profits, iuues and revenues from whatevsr source derived. each and every of which, it being expreuly unders~ood, is hereby mortgaged as if specifially set forth ~~d dewibed io the q~antinp snd } habendvm clauses hereof, and such Receiver shall h~ve all the broad and effective functions and povrers in a~ywise e+~trusted by a Cov~f to s Receiver, and :~ch sppoinfinent shall be made by svch Court u a~ admitted equity and a matta of absolute right to said MORTGAGEE, snd without teference to the adequacy a inadeqwcy of the value of the property mortgaged w to the sotvency w~nsolvency of uid MORiGAGOR or the defendants, and that such re~u, profits, income, issues snd flVMUlS sha11 be appl~ed by such Receiva according to the lien or equity of said MORiGACaEE and the practice of s~cl~ Court. 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and ~bide by each arcd every fhe stipulations, agreemer~ri, conditioru and covenants in said promiuory note and this mwtgage se* forth. 9. TMt in the event the owr+enhip of the mortgaged premises, or any pa?t thereof, becomes vested in s person other than t!x MORTGAGOR, the MORTGAGEE, in successors and assigns, may, without notice to the MORTGAOR, deal with such sutceuw or successw in interest with reference to this mortgage and the debt hereby'secured in the same manner as wilh Mortgsga without in any way vitiating or dixharging ihe Morlgagors' liability hera under or upon the debt hereby secured. No sale of the premius hereby mortgaged and no forbearance on the part of the MORTGAGEE w ib successors or assigns and no extension of the time for the payment of the debt hereby secured given by the INORTGAGEE or its wccessors w auigns, shall operate to release, discharge, modify change w affect the origina~ liabiiity of the MORiGAGOR herein, either in whole or in p~rt. - 10. It is specifically agreed that time is of the essence of this contrac~ and thst no wsivet of eny obligaYan hereunder a of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terms htreof or of fhe instrument aecured herby. 11. In add~tion to the forego:rg monthly payments of princ'pal and interest requ~~ed by the pra»~uory note secvred hereby, mortgagw cove~?ants and agrees to pa~ to mortgagee with each momhly payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- "'9• - A-All ~eal property ta~ces levied or sssessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate o~ fhe sbove desaibed ptemises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit ro urry on the (osn secured hereby. ~ Mortgsgee shall from time to timt notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and t Fayable on the due date of i!~e next monthly payment and each successive month the~eafter urtil mortgagee shall notify mortgagw of a change in such ~ j amounL Such sums shall be applied by mortgagee toward the payment of real property ta:es, insurance prem:ums, and mwigage gwranty inwrante ~ premiumS_ i IN WITNESS WHEREOf, the ssid MORTGAGOR has hereunto set his hand and seal the day and yesr first aforesaid. ± [ ' ned, Se~led and delivered in the presence of: /1 ~ ~ ~ ~ ~ rc-~n ST FLORIDA 1 ~ ? courm oF St _ Lucie i Before me perwnally appeared Robert J. Bolin ~ ,~a Dea Rae g01~1 his wife, to ma well known +nd known to me to b~ the individvals described in and who execvted the fors9oiny ii+strument, and ackr?ovrlecl~ed before me that they exearted ths ssme fw tM purposes rherein expressed. And the ~~a - Dea Rae BOl~ri wife of the said Robert .1. BOllfl upp~ • sepsrate aad pirvat~ examination by me taken seps?ate and apan from he~ said huaband, stkrwwledyed to snd befwe rtK that she execvted iaid instrument fre~ly ~nd voluir rarily and without any compulsion, comtraint, spp~ehension,.q~.iesr of or f?om her s~id husband. ~ WITNESS my hand and official seal thi~ ~~~Q.~ day of ril A. D. 19 72 ~ ~ ~ Notary Pu in and for fhe ats of }or/ g, 3 e~ ~ My ia+ ezpira: ~aj ~ Retum Tw. ARIOA AT IARQE ~int Feder+l Savirgi a tou~ Associstion NOTARY PUBLIC STATE OF F~~ 6~ 1975 Of Fort P~erce. Mlf COMtA1SS10N DCPIuN ~'~~TERS~ ~NC~ Fort Pierce, flwida fi•. : ~NERAL INSURANCE - ' • ' ~E ~'N C011~ This lnstrument Prepared By B. BZasm ~ ~ ~~+ER P~~j~pvRT ~ First Federal Savings b loan Association d~~RVER F,EO~ of Fort Pierce , Florida Z,;~: . ~EC01~~ ;;;:~Jt~ 2 5'+4h'~ Checked By ~ . , t~ ~ - . Atl~ 2~93 { - . r a~20! ~186~3 ~ t ~ _ - - ~ ~ ..~s ~ ~ ~ - ~ ~ .