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Home My WebLink About0783 To p:ace a:~d contir.uousiy lezp on tt~e ou~ .1~~~gs now or hereafter ~~tuNe on s:,~d Iand and on ot~ eqvip~naN ar,d personaily covered by th~s mor ega, w:~h all pren,,,,~~~s th<reon p;,d ~n i~:1, f~re ~r.s.~o^cc in tt~e usua{ stsndard po:~cy for~n, in a awn ay,pfo.td by ~ha h'IUR~v:.G~E, a~~J w~~dsto ~+~suroncr in thr ~s~a~ stand~rd po:.t~ forrn, in a su~~~ aFpro.rd by the MORTGAGEE, in such co~npa~~y o~ com~~an;es aa rhe ~'~02TvAGEE m d~recr, and all fire an~ w~ndsrorm i~,w~ance pa:~c~rs on any of sa~d b~ild.ngs, any in~e~es~ th~~e~n or ~~art ther,:of, in ~he aggrrgat~ s~~n ato~esa~d ~n excess ~hrreof, sh~!I ;on~.;~n ~he usval s~a~~d~~d o~o~t~agre ciause or wch o~he~ dause as ~he hlonyogee may requ.re, n:al.~ng me :css undrr s~,J po c rs, each and e+rry, pa,.»:a to sa~d ~di1RlyAc=fE as ~rs ~r~r~rest may appear, and each and evcry such poi.c~ sha;~ be promptiy ass g~~ed and dc~~~~r.:d ~ any hr~d by sa~d f.10R(;;AGEE as furih,~ sccur~ry to s~~d n.origage deot, and, nor izts than ten i10) days ad.3n<e oi the exp~~at~on of each poGCy, to d~ :.ve~ to sa~d A10R?GAGEE a rrnev.•al ~hc~eoi, toyr+her wiih a~eee~pt far the prem~:~m of such ~e~irna!; a~~d ehere shail be no i.1e oi .v~~~dero~~o insuranc p~aced on any of sa:d b~~~!d~~x~s. any interest ti~ere~n or part thereof, un!eis in fhe for~n and w~th the ioss F:ayab!e u aforesaid; and in ~he e.ent any sun of monay brco:~~es paya~ie uncie~ such policy w poLurs s~~d A10RTGAGEE sh3i1 have ~he op~~on to recc:~e and ap~,:y ilie same on accou::r of rhz „idebr~•d neS1 Secutrd h@r~by o~ to permit s~~d /dURTGAGOR$ to teCrivB dnc~ ~Se if Ot dny pa~t ihe:roi t;:r G:~c.•.~r {.u~;~=5e~s, :..~ii~~„! tfi ;:r r::a..~ mg a~y equ~~y, lirn or r~gl~t undrr or by vii~ue of ih~s moc'gage; and in the event sa~d MORTGAGORS sh~;l Eor any reason fai; ro keep ~he sald premiscs so mwred, or fail fo dt•:~vrr pr~mptly any oi s~id poLeirs of ~nsurance to sa~d MORtGAGEE, er fa~i pr~rnptl~ tu pay fu;:y any pr~• ~~~um tn~rr4e~-o~ in any respect ia;! to perform, ~ils.harge, exrcu~e, effect, comp!rir, comply with and ab~de by th~s cove~~ant, or an~ part h~•reol, sa~d M'.'.~Rt ;AGEE m3y p~ace a: a pay fo~ such inaur.,nce or any part thereof wnhout wai~~ng o~ aifecting any option, lien, equity, o~ n~h~ under w by virtue oE this Alorrgage, ar.d thc fu11 amo~nt o( each and c.ery sa<h payr.ient shal! be im,ned~ately due and payable and shall bear int~rest from th, date th~rcof unril p~id at the rate o~ ~~~ne per ~~n~~rn per ann~.,:n ,,nJ Tc~~~ih~r ~~ith such ir,teresi shai~ t~ srcured by the lien of th~s mort~age. 4. To permit, tommit or suf(er no wastt, impairmznt or deter~oration of said property w any part thereof. 5. To pay alt and s~ngufar the costs, charges and expenses, induding a reasonab!e atiorney's iee and cests of abstracrs of t~tte, incurred or pa~d at ~ny t~~r.e by s3~d AtORTGAG~E, because w in rhe evem of the fa:~ure on the part of ~he said MORTGAGOR to du1y, promptly and fully periorm, d~scharge. _=ecute, effect, compltte, co~npl~ w~~h and ab.dr by each and every the stipulat~ons, agreaa~ems, condmons, and covenants of sa~d pm:»~ssory note a~,d rh~s ~,ortgage any or enh.~r, a~,d sa d costs, charges and eapertzes, each and every, shall be immed,arety due and payab:e; whether or no~ the~e be no~~ce d~ ^:~+~d, atten+pt ~o co~:ect or suit pend,r.g; and ~he full amount of eath and eyery wth paymem sh3U brar intarest from the date thereof until paid at the o' n.ne pei cr~er~m F.cr ar.;w.,,; ~:~c: au said ccs~s, cha:ges and exprnses ]nc~rred or paid, togetiier w~rh such inre~rst, shaN be secured by fhe I~rn of th~~ ,nortqage. 6. That (a) in thr ev~nt of any breach of this Mo~tgage or default on the part of tF.e h10FTGAGOR, or ;b) in the event any of sa d sums of money t•.~re~n referrrd to be not pro~nptiy and fully paid within th,rty (30) days ~ext air•~r ~he sa:ne seYera'~y beco~nN due and payable, w::hout demand o~ nc~ice, er ;c) in thr e:enr each and e.ery the s~+pu:a~~ons, agreements, ccnd~rons and covenants ot sa.d promissory note and th~s mo~tgage any or eiiher are not i.,:y, pro~~p~ty and fully pertormzd, ds:hargrd, execu~ed, effected, completed, compfed w~~h and ab~ded 5y, then in either or any such event the sa~d ag- a'r3ate avm meM,onCd in sa~d piom~zsory note then rema~ning unpaid, w~th interest accr~ed, and ail monrys setured hereby, shall becomz due a~d pay ao'.e forthw~rh, cr thereafter, at the conon ot seid h10RTGAGEE, as fully and comp!ereky as ii ali of ~he said s~ms of money we~e ong~na~ly snpu:ated ' i be pa:d on such dcy, a~ything in so.d p~o:n~saery note or in th~s 6lortgage to ihe conrrary notrr;ths~and~ng; and rhereupon o+ thereafte~ at ~he opt~on of c; d 61pRiGAGEf, w.~hou! not~ce or demend, suit at law or in equity, therefo~e or thereaiter begun, may be prosetuted as if all moneys secured hereby r.. d matured pr~or to ,ts institution. 7. That in the evenf that at the 6eginn ng uf or at any time pending any suit upon this /'hortgage, or to fo~etlose it, or fo reform it, or to enforce ; a{ment of any ce:ms he~eur,drr, se~d MORTGAGEE shal! apply to the Court havir.g ju~nd,ct:on thcreot (or the appantment of a Receiver, su:h Court sha~I +~~rhw~th dP~p~nt a recei.er of sa~d r.~o~tgaged property a!I and singular, inc;~cl.ng all a~d s~~gular the ir.come, profits, issues and revenurs from ~nhatever s: ~•ce dar~ved. each and every of wh ~h, rt be6iy exprFSSty ~nders~ood, is hereby mortgaged as if speul~ca!!y set forth and destribed in the grannng and ~:,1•endum c auses hereof, and wch Receiver shall ha~r ail the brcad and effective funct ons and powers in anyw~se eotruued by a Court to a Rcceiver, and s ch dppoin!ment sh3lt be rr,ade ty such Ceart as an adnnfed equ~ty and a ma~rer of a~so~utr righi to sa~d h10RTGAGEE, and w~rheut reference to the !~'~q.,~:y or inadeq~acy of 1F.e va(ue o! the prcperty mortgaged or to the so.vency or inso:,~enc~ of sa~d MORTGAGOR or thr defzndants, and thaf such • ~s, profits, ~nco.ne, issves and reven~es sha~t be apYi~ed by such Receiver accord,ng to the lien or equi~y o( said MORiGAGEE and the practice of sucfi Court, 8. To du:y, prompt'.y and fuity perSorm, d~scharge, exerute, effect, compiete, co~uplp with and abide by each and every the slipuiations, agreemeNS, conditions and covenants ~n sa+d pro:nissory no!e and th:s mo~tgage set fo.th. 9. That in the event the o~~n•r.prsh~p of the mortgaged prem~ses, or any part thereo~, becomes vested in a person other than the MORTGAGOR, the :~RTGAGEE, its svcc.~ssors a• d ass:3ns, may, wrthour nor:ce to the .'110RIGAOR, deai w+rh wch successo~ w successor ~n ~nterest wiih reference to this o•rgage ar.d she d_ut h~reby secu~ed in the same manncr as with Mcrrgagor w~thout in any ~vay vit:ating or d~scharging th¢ Mortgagori ~iability here- : d~~r o~ upon the drbt herrbi secu~ed. No sa:e of the F~e~*:~ses hereby mortgaged and no forbeara~ce on the part of the /AOR7GAGEE oa irs siccessors ass~g~s and no exJension o! rhe r;me for the payment of !he debt hereby sew.ed g~ven by the ~hORTGAGEE or iu wccesso:s or ass:gns, ~na11 operate ro re!eese, d:scha,-ge, mod~fy (~:dr.(~t+ or affecr the o~~g~nai liaul;ny of the MORTGAGOR hereln, e~ther in v~hole or in part. 10. It is spec:f~:aliy ag•eed tha! hme is of the essen<e of th~s cortracr and that no waiver of ar.y obtiga~~on hereunder or of the ob~igation se- ,.;~ed hereby sha!~ ar an~ r1~~e ~nrreafrer be held to be a.va~ver of fhe terms hereof w of the instrument secured herby. 11. In aod ~o Ti:e forege n~ n~ontnly payr.~rnis of princ pal and in!arest requ~red by the prom l;cry no'e sccured hc!eb/, morlga~or covenants + j aar~es to pa~ to ~y.iyee ~n~th each mon~h'~ ~.a~: e~~t ar. ~~+;i~r;onal svm est ~ er~~ by mp:tgagee to be eq~ai to 1. 12 of the an:wa! cost of ihe fo~iow- i: A-A'I rea~ ;;roperry r3xzs tevie~ or assess`d ag3~~ut fhe abo.e descri~cd real es!~te. B- Gr s on f~rr and w;ndsrorm ~nsu~a~~ce as he:e~r, r~q~,red to be ca•ried on the rovements s;t~at> on ihe above d=sv~bed premises. C-Pr_~:ri„r~ s o~ s~ch rco~ty:;ge guaranty icwrar ce as mortgagee sha{I frc•^~ r me to t~me dezm fit to cmry on the loan secured hereby. A'!ort~ag:e s' :'•cm t~ ,:e to t,••~e nof.i~ mcrtyagcr ~n w~~tmg of the am~:~t d~~ arJ payab'e hereundar and svch sun sha!I thoreu~~on be due and .,,.3b'e o~ T!~_ :IJr U.~'^ or ~~e ~~~~.t mo:~th.f pjyment ar.d each successive month rhereafi~r ~rti! mcrtgagee sh31t not~fy mortgagor of a change in wch ;un!. Such s~~~.s v a.i e;e a;.p ~ed 'cy mcrtgag•re toxar~ tne payment of real prope~ty taxes, insura:xe prem:ums, and mortgage g~aranty insurar.ce ~~•r^~IVms. l I'H L:liNESS 'T.HcREOF, rhe sa~d MORTG:.GOR has hereunto set his h3r;~1 and seal the day and ear tirst afor sa~d. , $~gned, Seated a~d dr~ivered in the presenc o: ~ 5 H D MORT~GAGfiS ~ INC. ~ BY: ~~~s ~ ~l-t/~~/3..'~i~'~~-~ (Sea1) . i ~ Q~~" William A. Anderson, Presid~~ ` ~ lL ~ ~ ~ tSea~) ~ - - Att@St:_--cl~/-liJ~"LtY ~eL~ (Seaq ` - - - - - _ _ Verna L. Anderson, Secretary i ~ . ~ ~ t STATE OF FLORIDA COUNTY OF ST. LUCIE ~ 1 HEREBY CERTIFY, That o~ this _day of~____. June , A.D_ 19 72 - . ~ ~ before me rsonall a William A. Anderson Verna L, Anderson ; Pe Y PPeared - and - - ~ respectivety President and $~retary of ~gzican Hames and Mortgac~es, Inc. a_ Florida i_ _ Corporation, to me ; ~ known to be the persons described in and who executed the foregoing instrument, and sevEraity acknowledged the exe- cut~on thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they ~ affixed thereto the officia! seal of said corporation, and the said instrumPnt is the act and deed of said corporation. WITNESS m ha~d and official seaf at Fort Pierce Flor i y , said county and stat This instr~naent prepared by John W. Colli r^irst Federal Savings and Loan Associati F of Fort Pierce, Florida Not Publi , m and for S and C ty af esaid. f lE0 AlID REC Il t ommis - n Ex ~res: ~5-- ' s~. ~uc~e cow+~r ~~~"y ~ aoc~~ ~oit~~: t R..... ~~oru~t r.~a ~ ~ C~ecked By - 3~ JUN 231293 $ocK 2~3 F~c~ ~ _ ~ ti : ~ ~.:~__v_s~ ~ t-?~. . _ . _ ~ ~