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Home My WebLink About1816 To p'ace 3nd CJ~~~If1UOJSIy {,~2P on ii~r b:.~ J.r.~s ~~JN or herea!trr e+tvate en sa d land anci on a!~ ~q.,~~;:n~~n+ and persona'~y covei~d by this mar ege, with all prrrni~~nf tl~ereon ~,ad in iuli, f~re ins::i..ntn ~n N~e ~sual sta~~ard po;~cy Form, in a s~l~ ay.p:~.cd by th: :.1;,R~:~;.vEE. a~~d w~nd~to ~nswance in ~he vsual itand~rd poLty form, in a sum appro~ed by ~he MORiGAGEE, in suth to~nNa~iy o~ t~~~:t~an~e~ as ~~it ti'.J2ivAGEE m d~retr; and a~l ii~e ar.d win~s~o~m insurance pplicies on dny of s~d bufid~ngs, any interrst thercin or pa~t ~h~r,,•of, in the agg<<g.,~e sv~» afaes.~~d in eacess rhoreof, sha~1 ccnram the ~sv~i sta~~d,rd mong.~gre ua~se or such o~her Nause as Ihe Mongagre n~ay ~r:~.,,re, m,?;ng thr ~oss ~~~der so.d po c~es, each and evrry, pa~;;b'e ~o smd h1uR1l;AGEE as ~~s imcr~st may appear, and each ar.d evc~y su;h cy il:,(I br pron~Nlly assyn~d a~.d dr:~:~~r.:d any held by sald hIORTGAGEE as furtha~ srcu~ny to sa~d n:o~r~j~e dabt, and, not 1es~ than ~en (10) d~~s in :,d. ,~.ce of iha ex;.~ru~~on oS each pol~ty, to d~ iroer to aa~d A10RiGAGEE a ~enrwel iheraoF, toge~her w,iih a rece~pt for ~he premium of such renenai; a:~d ~i~rre shall ba no i~re c~ ~n :~dsTO~m in=uranc p~aced on any of sa~d b~i.d~ngs. any i~~terest Ihrrem o~ pa~t thzreof, unless in the forn~ and w~th ihe loss Fsati~~~e as afo~esa~d; and in rhe event any su~ of mpney beco~nes paya4le u„de. wch policy or pol,cies sa~d MORTGAGEE ~hall have thr opr,un to rrc~~vo .:~~d apF:!y ~;,a same on aaount of ~he indeni~•d ness sccured he~eby w to permil sa~d MURiGAGORS lo retrive and uu il w any part ih•~raot 1or o:~~•_r ~scs, ..:~~~~.:t th:•~.~~ ,,_~.~~j ;;r r~ip~~r ~ng aoy eq~,ty, Gen w r~ght under or by virwe of fhis mor'qaga; and in ~he event sa~d MORIGAGORS sh~l! for ~any r~ason fail to kcep thc sa~d premif~~s so ~nswed, Or (ail fo deGret promptiy any of sa~d poLcies o) insurance to sa~t~ MORTGAGEE, or fai; p~amplly to pay fu~ly any prc~n~„m thcr~ior or in a~y respect lai~ ~o per(orm, d~scharye, execu~r, effect, ca.~ptrte, co:»ply wirh and abide by th~s coven~:~r, ~r any pa:r hareof, s_j~d ti1GRTGAGEE may ptace s~d pay fo. s~ch insu~ance or any part thereof w~thout vraiving or affecting any o~,t~on, lien, ~qu~ry, o~ ri~M under or by ~irtue of this ~.1o~tgage, and the 1:,~1 amo~nt of rach and e~ery sut~ paymem shall be immediately d~e and payable and ahal! b,:ar interest frorn tha date thervof un~il p.;id at the rate of n~ne per centum per annu:n and rogcther with such int~~r~st sha~~ be secwed by Ihe lien of this mortgage. A. To pe~mit, cornrn;t w wffe~ no was!e, impai~rr~nt or detcrioration of aa~d property o~ any pa~t therrof. 5_ To pay all and s+~9~Ia~ the costs, charges and expenses, inciuding a reasonable attorney's Fee and cests o6 abstracts of title, i~curred o~ paid at ~ny tin:e by aa~d MORiGAG:E, because or in th~ event of the fa~lure on the part of the said MORTGAGOR io duiy, pro:T~pNy aod fuNy perFwm, dncha~ge. raecure, effecr, complere, comp!y w~rh and ab:de by each and every the stipu~m~ons, agrern~ents, condmons, and tovee~anes of said prom~ssory note and ih~s morrgage any o~ eiiher, a~~d s~:d co:n, charges and expenses, each and every, shall be immed~ately due and payebtN; ~nhzthe~ w not ihere be noffce ds n~and, ateempt to cotlect or s~i~ pe~~d:ng; and the fult a~nouro of each and eve~y such payment shall bear i,vares~ irom ~hr date the~eof um~l pa~d at ~he ~.~re o~ nlne per ce~:tum y;~r o~,:w n; a~1 said costs, charges and cxper.ses irxurred or paid, togethrr wah wch inte+es~, shall be secured by the Iien o1 this mortgage. 6. That (a) in the eveM of any breach of this Mortgage w defauit on the part ot the MORTGAGOR, or ;b) in the event any oF sa:d sums of money herein referrrd to be not prompi:y a~d f~lly paid w~thin th;rty (30) days neat aircr ~he same severa!ly become d~e and payabte, wiiF.out demand o~ notice, :r ~c) in the event each and eve~y ~he stipu:anons, agreements. cond~Nons and covenants of sad promissoey note and ~h:s ~nortgage any pr e~ther a~e nm iu:y, prornpNy and fully pe.fo.rned, d.scharged, executed, effeaed. compteted, comphed w]~h and ab~ded 5y, ihen ~n e~~her w any wch evenf the w~d ag- ~r~gate sum meniioned in Said promissory note then rema~ning unpaid, wirh intrrest accrued, and atl monrys secured hereby, shall becume due and pay eb:e fo~~hwlrh, o~ rhereafter, ~t the oprron of sa~d MORTGAGEE, as tuily and compterefy as if aN of ~he s~~d wms of money were or~ginaNy stlputatzd ro be pa.d on suth d.y, anythi~g in sa:d pro:n~ssowy note or in this Mortgage to the contrary notwrthstand~~ig; and thcrevpo~ or thereafter at the opt~on of sa d MORTGAGEE, w~rhout nonce o+ dema~:d, suit at law a in equity, therefore w 1Fiereaite~ begun, may be prosecuted as if all moneys secured hereby n~~+ mawred pnw to ~is +nstitution. 7. That in the event that at the beginn~ng of or at any time pending any suit upon this Mortgage, o~ to fo~eclose it, or to ieform il, or to enforce Fayment of any cia;ms hzreunder, said MORTGAGEE shall appty to the Court having ~uriad~ttion thereof for ~he appo~ntment of a Receiver, such Court shail forthwith appoint a rECe~ver of said morrgaged prope~ty ap and singular, i:xivd~ng all and singular the income, pr~fits, issues and revenues irom whatercr source de~~ved. each and every of wh~ch, ~t beu,g expressiy understood, is fereby morigagrd as if sp~ac.f~caily set iorth and described in the grantn~g and h~bendum dauses hereof, ar.d such Recei~~r sha(f have all the broad and efieaive funct.ons and poy,,ers in anyw;se entrusted by a Cowt to a Rec~iver, and s_:h appointment shall be n:ade by suih Court as an admitt~d eq~ity and a matte~ of absolute rigM fo sa~d htORiGAGEE, and without reference to the adey~scy o~ inadeqvacy of tht valoe of the property mort9aged or to the so:ve~cy or insoivancy o( sa:d 11pRiGAGOR or the defendants, and rhat suih r~••~rs, prafhs, incane, issues and reve~sues shall be appi;ed by such Receiver accordmg to thr lien or equ~ty of sa[d M.QRTGAGEE and the pract~ce of such CourL 8. To duty, prompNy and ful!y perlorm, d~scharge, execute, effect, comptete, comp7y w~th and abide by each and every the stipu(ations, agre¢enenfs, .ond~t;ons and covenanrs ~n sa~d promfssory note and th~s mcitgage ser forth. 9_ 7hat irt the event the ownersh~p of the morfgaged premises, or any part Ihe~eof, becomes vested in a person other than the MORTGAGOR, the :_JRiGAGEE, its suctessors and assigns, may, wirhout no:~ce to the A10RTGAOR, deal ~~th such successor w successor in interest with reference to ihis _~~~gage and the deb+ hereby sec~red io the same manner as w~th l;tortgagor wrthout Fn any way vit;aNng or d~scharging t1~e tAortgagors' liability here- _~:drr or upon the debr hereby sec~ted. r~o sale of the preT+ses hereby maitgaged and no forbearance o~ the par~ oS the /dORTGAGEE or its succeuors ~r ass~9ns and no e,eter.s~on of the ~~~n..- for the payment of the debt hereby sxured given by the MORTGAGEE or its successors or ass:gns, ~~tiatl operate ro re!ease, d~uharge, mod,fy change or affMt the orig~nal liau,lit/ of the MORTGAGOR herein, either in whole or in part. 10. It is spec+fica{iy agreed rhat time is of the essence of this tontract and ~hat ~o waivrr of any obl~gation hereunder w of the obligation se- cured hereby shafi at any tin:e thareefter Ee hefd to be a warver of the terms hereof or of the instrument secured herby. T?-tm ~:;d.t:e:i to thc• fo:egc ~+g rnonth'y ~ayments of pr~nc pal and imerest requ~red by the prom sscry no+e s~.ured hereb/, mortga~or eovenants a• o a~rees to pay ro r:o•tg~y:e x~th each mon~h~y pay~,~ent an add~~ional sum ezn~.:a~ed bi mortgagee to be equal to 1. 12 of t:~e an:wa) cost of the follow- „'3- A-All real propcrty taxn tev~,a or aesesseu agai•~st thc abave described real estate. 6- Pr~n.~~~r.s on f~re ar.d w~ndstonn ~nwrar.~e as here~n requ~red ro be carrie-d on rhe ~m~,rovemeats s:tuate on fhe above dncribed premises. C-P~e~ni~ms on such marg:,ge guaranty icsurar.~e as mo-tyagee shail from. t:me to t~me deem fit to tarry on the loan secured hereby. Mortgagee stia~i from t~~ne to time nctify mo~tgagcr fn writing of the amou~t d~~ artd paya6le hereundrr and such sum shall thereupon be due and .,yabfe on th,: d~e ciete of rhe next monthiy payment and each success~ve month thereafi~r uctil mortgagee shal) nohfy mortqaqor of a change in such .~unr. S~ch sums sha:: 6~ apF:i~ed by mortgay•_e to-~vard the payment of real property taaes, insurance prem:ums, a~~d mortgage guaranty insurance . ~'Ernium5. IN Y1ITNESS '.:NER~OF, tF~e sa:d MORTGAGOR has hereunto set his hand and seal the day d ear f+rst aforesaid. ~ • 5+9 , Sealed and del;vered in the presente of: , (Seal) i6L~ ~V dIG • ~ S f (Seal) ~ • - s!'~'t~ (Seal) - ~ ieda M Davis ~~a~~ S~A7E OF FLORID ~ ~ St. Lucie ~ou!rrY oF ' Before me personaNy appeared ~il l iam_ E• j?aV 15 a~ Edfreida M• ~a.V1S his wi(e, to me well known and known to me to be tne individvals desuibed in and who executed the foregoing instrument, and acknowtedged before me that they executed the same for tfie purposes rherein expreued. And the sa~d Slfreida M• ~dV1S ~ r.~fe of the sa~d ~~1111a1R Davis upon a separate and private ' e~a.m+nanon by me taken sepaiate and apart from he? sa;d husband, acknowledged to and before me that she executed said instrument froeJy aod. voluo- ra•,ly and w~rhout any computs~on, constraint, apprehens~~ or fear of or from her said husbartd. .~:•r;.~~_' ' WITNESS my hand and official seal this ~ day of J~e' •~~Q(1 • ti: .;+a., Notary PubGc in or the tate of idf ~t,'Lar Ae~ My Commission expites: ; ~ j' . . Ret~rn To: . ' \ ~ '•~.r,?y r•., J:~r ~ First Federal Savings b loan Associat,on ~^''~:lDAat1A.RGE 1 ~ Y ( ~ "lSi.`~`, ~j,,+ f" O~ ~~~r v.~c<-. ~R~ f. 2?. i975 ~-o-~G_d :t.r~l;ae?~r0~:(ps~anec UnOnw•~ Fort Piar~e, Flcri~a i ters. , •T''~''~- FctEC ~k`~ RECOROED ~ • ~ - ST. ~UL!E :-OUNTY FLA. This Instrument Prepared By: John W. Colliris CL RK}~,~.?~~' C URT `y~; Z_}- y~ Fi r s t F e d e r a l S aving s & L oan A ssocia tian P~ ~ ? E F i EC ~ ~ of Fort Pierce , Florida t„~ IO ~5 ~u W il Checked By ~ ~ ~o~K~03 ~~.8~S2~oo1 ~ ~.4 _ _ - - - ~:~~1~ r..~~~.~ ~ _ ~ - , ~ ~~~5~~. - , _ ~ ~ ~ ~ - , ~ ~ ~