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Home My WebLink About2123 to ptx~ ~nd com(nwust~ ?ep on rl,~ bu~.d~~ya now a hredrN w~„~N oe ~~~d la~d N+d on ~~7 eq~~p~eM s~d pa~o~~lly cov~•~d bY fIM~ n~a y~. w:~A ~II psmwms ~hs+eon p~.d ~n luit, lue M~w~nce ~n ~M uwd ~e~ndard po~.cy Iwnti in •~wn ~Pp~o~~d b~ tly MORtGaGEE. •nd w~~f?~o . ~n?wana in ~ly u~wl uandard ,pot~cy lam. ~n • wan ~ppro~~d by ~M MORICrAGtE. ~ wcA compan~ w ca+~p~n~~s a MORtGAGEE n~ d~~Kf~ ~Ad ~1) ~Nf w~.ndit0?T ~niY~NKf pO~K~N WI ~~1y O~ Ou~~~n~i, My inNtf\I thf~fM M ~fNt Il~ftlO{, Ir1 t~M ~~y~t~~l! K+t1 ~10~fNid ~ i~ •acets ~M.eol. ~Mll coro•~n ~M wwl ?~u~dad ma~9.ps~ cf•uss a sueA aM~ Nws~ a ~M Ma~ope~ ea~y rpu~~. nw?inp rM +os~ u~+d~. ~•+d po c~~s. each ~od ~vNy. parab:~ a?~~d MORtGAGff a~ ime~es~ .++aY ~pNea, and each ~nd ~vay ~vcA po~~cy ?hall b~ p~omptly p~ p~ed ~nd d~~~vtred ~ +n~ heW by uK! MORTGAGEE ~s tur~hH aecw~ty to w~d n-.o.~pa~ deb~, and, oa 1~?~ ~h~e~ Nn (101 days in adv~nc~ oi ~M •ap~r~t~w? of ~ach pofKy, ro d I~vN to s~id MORTGAGEE • renew~i tA~r~of. loptthN wi1A • rec~~p1 fot tM pr~miww ol ~uch rtnewa?; and ~Mrs shaN b~ no f~r~ or wind~to~m inwrant p~Kld p1 My OI s~id bu~W~np~, ~ny INNN~ tMffM Of paet tA~.wf, unlefs in d» fam and vr~~h iM los~ p~yab~e as ~fa~sa~d: and ln tM w~n1 aoy sun ~ of morwy b~toma payab7e unde~ wch polKy w polKhf uid MORiGAGEE sMil Mw ~he op~an ~o .ece~ve +nd ~pp1y fFN N~Y OA KCOVM OI ~M ind~b~rd i rn.'st fK~rMd ANfby O~ 1o pNmif u:d MORTGAGORS ro ree~iv~ anf~ uM N p any pa~t 1he+col ior otnrr purpOSC1. 1YJ~1OJ~ Ihr~aur wai+i t~ or ~n~Pa~~ ~ny any eqv~ty, lis~ w.qh~ u~de~ a by virtw of ~l+~~ mwsya~~; ~nd ifl IFI! fVMt N~d MORTGAGORS tMll to. sny ~eason faii ro keep HK ~+id pr~mwes so iniu~ed, o~ fail W deliver pomptty ~ny of iaid polKies of insur~~+c~ to s~wl. MOR~GAGEE, a la,l pramptly to pay tully any pre~»~um lherefw a in a~y respetl f~il w ptrlorm, diuMrge. •IIKV~O, efFed, tomplete, tomply with ~nd abid~ by this toven+M, p•ny part he~eof, s~id MORTGAGEE may pl~ce ano i pay fw ~uch insuranc~ a~ny pan thereof w~~hou~ waivin~ or ~f(actinp ~ny option, lien. puity. or r~gh~ unde~ o~ by virrw of ~h;i Mor~pape, and the fvll amount of tath a~d ~vtry svch paymenf shall bs imrnediatety dw ai+d py~b1~ u+d shall bea. interesf Irom ~hs dat~ ~hereo( until paid af th~ rat~ ol n~ne per centum pK ~nnum and toge~her wi~h ~uch interast shall be secured by th~ li~n of this mortgape. 1. To pamit, commit ar suffer no waste, impairment a dcterioration of said property o~ any pan thereoi. S. To pay ~II u+d unp~tu the cost~, cMrqes and expenses, includ~n~ ~ reasonable atrwney i fee and cosrs of absuacts of tifle, incurred w paid at any time by said MORTGAGfE, because or in the evcnt of the failura on tF+e part of 1M said MORTGAGOR ro duly, promp~ly ~nd fully pe~fwm, dixharge, f execute, effect, tomptete, comply with and ab:de by ~ach and every the stipulations, agreeme~ts, conditions, and covenants of said promissory note and thi~ mw~gage any a either. ~~d said cos~s, cM.ges and expenses, each and every, sha11 bs immedutely d~e and payable: whether w not tAere be norice d~_ mand, attempt to colkct or suit pend~ng; and tM full amount of each and every svch psymem shall bear interes~ feom ~he date thereof until paid at the ~.~te of nine per centum per annum; a~d all said costs, tharges and expenxs incurred w paid, logethea wuh iuch inlcrest, shall be setured by !he lien oi thit matQags. 6. That (a) in the event of any breach of th~s MatgaJe or defavlt on ~he part of the MORTGAGOR, or (b) in the event any of ss~d sums of money herein referred ~o be not promptly and fully paid within Ihirty (30) days neat ~f~er the same scveratty becorne due and payable, wifhout demand a notice, or (c) in the event eath and every the stipulatioris, agreements, condaions and coven~nts of sa:d promisw~y note and th~s matgage any w either are nof iuly, prompHy and iully performed, d~xharged, exec~ted, eifected, compteted, complied with and abided by, then in etth~v w any such event ths said ag gregate wm mentio~ed in said promissory note then remainin9 u~paid, with inserest accrued, and a11 moneys aecured he~eby, shall betome du! and pay- able focthwith, w thereaftcr, at fhe option of said MORTGAGEE, as fully and canplesely as if all of the u~d sums of mor?ey were orginally stipulated ro be paid on suth day, anything in sa:d promissory note o? in this Mwtgage /o the contrary notwirhstanding; and theieupon or thereafter at the op~ion oi sa~d MORTGAGEE, without notice w demand, suit at law w in equity, therefwe w thereaiter begun, may be prosecuted as if all moneys secured hereby nad matured pnp to its institution. 7. Thst in fhe event that at the beginn~ng of or at any time pe~ding any suit upo~ this Mortgage, w ro fareclose it, or to refam it, or !o enfo?ce payment of any claims hereunder, said MORTGAGEE shall apply to the Coun havirg jurisd~aion ~hereof for the appo~ntment of a Receiver, such CouN shall Forthwith appotnt a receiver oi said mortga~ed property all and singular, includ~ng all a~d singular the income, profits, issues and revenues irom whatever source derived, each and every of which, it being. e:pressly undentood, is haeby mortgaged as if speufically set fwth and desuibed in the graNirg and habendum clauscs hereof, artd such Receiver sha11 have all the broad and effective funct;ons and powers in anywise entr~sted by a Court to a Receiver, and s~ch appointment shatl be made by such Court as an admitted eq~ity and a matter oi absotute right to said MORTGAGEE, and wiriwul reference to the adequacy or inadequacy of the value of the p~operty mo~tgaged w to the sotvency w insolveocy o( said MORTGAGOR or the defendants, and that such renrs, profits, income, issues and revenues shall be applied by such Rcceiver according to the lien w eqvity of said MORTGAGEE and the practice of such CouA. - 8_ To du tl and fu11 form, dixhar e, execute, effea, { h. P~a^P Y Y PH g complete, compty with a~d abide by each a~d every the stipulaYrons, agreements, conditans and covenants in sa~d promissory note and thia mortgage set fath. 9. That in 1he eveM tlx ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other thae the MORTGAGOR, the ~ M.ORTGAGEE, iri succeswrs and assigrts, may, witho~t notice to the MORTGAOR, deal with such successor a successor in interest with referente to thia mortgage and the debt hereoy secured in the same manner as with Mortgagor without in any way v::~ating p diuhargirg the Mortgagors' liabitity here- under w ~pon the debt hereby secured. No sale of the premises hereby morrgaged and no fwbearance on the pan of ~he MORTGAGEE w its successon ~ o~ assigns and no extensio~ of the time for the payment of the deb~ hereby secured give~ by the MORTGAGEE or its successws ot auigns, ahall operate ro release, discharge, nwdify thsnge or affect tFie original liability of the MORiGAGOR herein, either in whote w in part. )0. It is speufically agreed thst time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligatan se- cvred hereby shall at any lime thereafte~ be held to be s waiver of the terms hereof a of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments oF princ'pal and interest required by the promissory note secured hereby, mortgago~ covenants and agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimated by mortgagee to be equat to 1 f i2 of the a~nual cost of the fo7low- ing: A-Al1 real property taxes levied or assessed agai~st the above described real estate_ B-Premiums on fire and windstorm insurance as herein ~equ~red to be carried on the improvements s+tuate on the above dascribed premises. C-Premiums on such mwtgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban setured hereby. Mortgagee shai( from lime lo time notify martgagor in writing of fhe amount due and payable hneundar and such sum shall thereupon be due and • ? cayable on tF?e duq date of tF~e next monthly payment and each successive montA thereafter until mortgagee shall notify mortgagor of a change in svch an,ount. Such sums shall be applied by mortgagee toward the payment of real property faxes, insurarxe prem:uma, and mortgage gvaranty iruu~ance ~ p~emivms. IN WITNES$ WHEREOF, the wid MORTGAGOR has he?eunto xt his hand and seal the day and year first afwesaid. " ned~ Sealed and d' er in the presence of: ~ ~~~a~ ~ r- A'brr ' s~ C Rei ~`°n ~ n . . . _ : . M87c e B. Reid ~~s~ ' ATE OF FLORIDA ~ • cous~n oF St. Lucie ~ u- Before me personally ~ppeared r'~OrY15 C• RQ1C~ •nd Mar ie B. Re id h;, w~r~, to ,ne W~~~ a~q„rw ~htl twpwR :+o ~+~e. ro be ' ;he individuals described in and wFa executed the foregang instrument, and eclcnowledged before me that they execut[d1~1~.~~"~!~ purposes - Marie B. Reid ; thereirt expressed. And the se' rrife of tha said ~YZiS C• Reid `r ` ~ u~o~-+ separ~l~,aad pth~te e,caminaYwn by me tah-m separate and apsrt from her said huaband, acknowledged to and before me that she execut~d ~id ment ~ ind voluo- rar~ly and without eny compulsion, cortstraint, appre ns;on, or feu of or from her said busband. ~t-rv, .r, WITNESS my lwnd and official sesl thi dsy of ril " G`~~-p. 19~~ . . y ~ ; . :,f y. ' . . , j~:: . - Notary Pubtit in and fw the Sta ' ~it~L~r~e My Commission expires: . a~ ~ ~i Retum Ta fint Fedcral Savings b loan Associatan NOiARII PUBLIC, STATE d FLDRIOA ~t LAR6E Of Fort P~erce. MY COMMISSION EXPIRES SEPi. 25, 1975 Fort Pierte. Flo?ida BO~IdEd ~~~klR ~IISyq11C~ ~p„ This Instrument Prepared By' Jot11z W. Collins fILEO AND R~COA ~ First Fede~al Savi~gs 8 loan Assoc+ation :r R CER P01ilA~ ! . of Fort Pierce ~ Florida 33450 RECORO VERIFIEO C~y~~ ' Checked By _ k~ 16 12 ~4 PM'1t 600K~ PAf;£~~ { , ' ~~280~~ ; - ~ : ~~w~ ~ x ~ ~ - ~ _ K ~~~y-_ _