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Home My WebLink About0312 3. To p!ace and conNnuously Aeep on the bL~ :l~ngs now o~ hr~e.;i~e~ ~~t~sre on sa~d land and on a!~ aqv~pment and pe~aonaily covered by this mor e.~.~, w'th a;! E:run~:,, ~~s 1l~..r~•on E.a d zn fuil, tir~~ i~u•..ra^.ie ~n ~n~ uSual standerJ po'~Cy fo~m, in a awn eH~to~.d by ttie MUR~G%+GEE. and windStO suran;e ~n ~he usual s~.:•~dard F~o; cy fo~m, in a su~n appro.rd by ~he M:~RTGAGEE, in such con,pany or to~~~pan~es as the MORiGAGEE m ~i «c~; and ali fire a~:d w~nd;~onn insu•ance po!~c~rs o~ any of so~d tw~id~nys, any in~erest ti~erein or part thereof, in the ag9«ga~e w~n ato~esaid ~n e,ea~ss th,rcoF, she!I ;I~~~.,in ihe uw.:l sfa~~J~rd mortg~gee u~use or such othe~ c~ause as the Mortgagee may reqv~re. maling the ';oss unJe~ srd po s, e3ch and rvery, pay ;~'e to s~~d 1.tJRTGAGfF as ~n in~ei~at may appear, a~~d each and every svch po,:c/ sholl be promNtly ass gnc•J and dc~iv<rrd : Fy~-!d b~ s~~d 1.10R1GAG:E as (vnhar s•.curity to sa~d c',wtgoge d~-bt, a~~d, not less than tan ~10) days in ad:ance of the expiraUOn of coch pot~cy, ~o d~ ,..~r to s.~~d !.1J~.iGAGfE a renowsl thcrcof, toge~he~ with a rrce~pt lor th~ pr~m~um of wch rene+~al; ond thare shail be ~w iue or w~~~ds~o•m ins~rant I.+ced o~ any oi sa~d 6~~'d~~~gs, ~ny ]ntrrest lhere:n or pait therrof, onless in the form and w~~h the ioss payable as aforesaid; and in the e~ent any sun o~ money bcto:~~es poydJ'•e ~:~der s~ch policy or paLciet sa~d 1~!ORiGAGEE sh.~ll !~~ve ~he oN!~on ro reca~ve .~nd apy:y ti~~ same on ac:ovn~ ot thr indebtrd ~,-ss S~~Cc.red h_r~py or to pt•rm~t S~~d :AORTGAGORS ro fctrive and use it O/ ary p,vt lh•~:i•oi to~ o:i~.•.r ~.~r; Gses. .:.tiio.:t Ih_~~u~ ~.~_~.1~3 tc vi:p~i' any equ:ty, I:en or nyht unJ•.r or by virtue of this m:rrgage; and in the evcnt sad MOe~iGAGORS sh,i!I `,or any rcason fai! ro k<ep the sa~d premis_s so r s~r~d, or fo~l to dc:~ver pro~nNtly any of said poGti•_S o( u~ivran:0 to Sa:d MORfGAGEE, o~ f~~f p:omp!:y to pay Fu~:y any prr•~~+~~~n therafor or in any .;sFra fa~l to periorm, d~scl~~rge, eaecuta, effect, complete, co~~p~y wirh and a5ide by this covena~:~. or any p.irt h~rcof, sa~d MGRT:,AG~E ~~ay p~ace a~o f for s~ch inwr.~nce or any part 1t~ercof withaut waiving or affecting any opt;on, lien, equl~y, or r~~M und=r or by virtue of this hlortgage, and tht a~z~c~~t of each and e.ery such payinent shall be ~~nmediately due and payable a~d shall bear intarest from th~ date thereof un~il p.~d ~t the rate of r e prr cvn!~rn pcr ann~:.n ~nd to1~•thcr ~ith Suth im.~rrst shau br sacured by the li0n O~ thi3 mortgag2. ~ 3. To permit, comm{t or suf(er no waste, i:npairmeN or deteriorat~on of sa~d prope:ry o? any parl thereof. 5. To pay aIi a~d singuiar the costs, charges a~d expenxs, inctuding a reaso~~able attorney's fee and cos~s of abstracts of t~tte, incurred or paid at , th~.e ~y sa~d ~110RiGAG:E, because or in the evert of the fa:lure on iiie part of ~he said MORTGAGOR ro du:y, promptly and fuUy Feriorm, d~scharge. :ute, rtiea, ce~~~p~rre, co~npiy w~~h and ab.de by each and every the stip~lar,ons, agrea~~~ents, condit~ons, and covenants oi sa~d pro~n~;sory ~ote ar.d this ;;•rgage any or c~nc~r, a,~d sa.d cosfs, charges and expenses, each and eve~y, sha11 be immediatrly due and payaL!e; whether or not there be no+~ce da ~ d, at?e~,~F:t to co:.~ct or suit pend~rtg; and the fu!1 amount oi each and e•.ery wch pay~neM shati bea~ ineerast from the date thereot until paid a1 the ~~+~~c• ue~ c~~~tt~~r+ ~~~r .,nn.,~r ~n;: aii sa~d costs, ciiarg~s and cx~r~~ses ~nturred ~r paid, toyethcr ~wth such interest, shall be sec~red by the Ilen of th;s ,:ectgage. 6. Tha~ (a! in th•~ event of any br<ach of th~s Mortgage or defauti on th~ part ot the A'ORTGnGOR, or ;b) in the event any oi sa:d sums of money !,~r~In referrrd to be not pro:»ptly end lully paid within th,rty ~3J) days nex~ aiter the s~~,e severa:iy beto•~~e due and payable, without demand or notice, er ,Q in thr e~ent each and every Ihe stipulations, agreements, condit;ons and covenants of sa,d pron:issory note and th~s mortgage any or either are not i;.~, promp:ly and iu!h~ perforrned, d.scharged, exec~ted effected, canpleted, compl~ed w~~h and a6~ded 5y, then in e~ther or any such event ~he sa~d ag ~~<3ate sum men:,o~~e~ in said pron~issory nete then te~:~aining unpa~d, with intrrest accrued, and au inoneys secured hereby, shall beco~~e due and pay- _ iath.vith, o~ thereafrer, at the op!ion of said MCRiGAGEE,~as fully and completety as if alt of the sa~d su~ns of money were or~ginatly snp~:ated , t,_• e..~.d on s~ch d~~, anything in sa.d pro:n~ssory note or in fhis Mortgage to ~he comrary not.viths~ardVng; and thereupon or lhereafter a1 the opuo~ of ~,i .V,ORTGAGEE, w:~h:.ut nor~ce or demand, suit at law or in equity, the~efore w thereafier beyun, may be prosecuted as if all moneys secured hereby r;1 rnatvrB(~ pr~Or f0 itS irShtuhOn. 7. Tt,at in tE,e event that at the beyinning of or at any time pend~ng any wA upon th~s Mortgage, or to foredose it, or to reform it, or to enforce ..~„~nt of any c!~:•rs he•e~nder, said h~ORTGAGEE shall apply to the Courr having iunid.r:o:~ ~hereot for ~he appo~ntmem of a Receive~, such Court shail v.~+h a; ~.c~~t a recei:rr of sa~d mortgagcd property all and sinyular, incl~d.ng a~l and 5~~~9J!di tt•e ~ncome, prohts, issues and revenues from wh3tever .•ce d~•r~.~•d. e~ch acd every of wh.ch, rt being eapressty ~nderstood, is he.rby mor~gagrd as spec:i~ca::y set forth and described i~ the grenting and :•n,f•,,~n c a~s~~s h_rco4, acd such Recelver shait have ai1 the brcad and effec!~~e (u•~c~ o:~s and po~~e~s m anyw~se emrusted by a Court to a Receiver, and ;,-.p;,inn:•e,~! shs.~ be n,ade by svth Court as an ad:nittc-d eq~ity and a rnatter of absowte r.ght to sa~d h10RTGAGEE, a~d without reference 1o the i~_:, m.,c!~-quacy of t1:c value of ~he p~openy mo{tgaged or to fhe so,v~ncy Or ;nSUtvcnCy oi sa~d N.ORiGAGOR o~ the defendants, and ihat such ~ s H:o~~~s, ~nco ~.e, issu_s and revenues shali be appiird by such Recerver acco~d,ng to the ilen o~ equ~t~ ot sa:d MORTGAGEE a+~d the prattice of such C.:~..rL ~ . 8. To d~~'y, prcmF~~'y and (uUy pe~form, d~scharge, execute, effed, compiete, compiy w~rh and ab~de ty each and every the stipu~ations, agreements, d~t~o~:s and covr~a~its ;n sa~d promissory note and this mortgage set fo~th. 9. Thar in the event the ownershlp of the mortgaged premises. or any part the~eof, becomes vested in a penon other than the MORTGAGOR, the 2TGAG:E, irs successors a~td ass~gns, may, without norice tu the N.ORTGAOR, deel w~~h such successor w suaessw ~n iroe~est w~rh refere~ce to this ~~gaye anci thc d--bt i~ereby sec~red in the same manner as with Mortgago~ w~tha~l in any way vit:ating or d~sthargin9 the fdort9agori liability here- or uF.~n the debt fi_reby secured. Na sale of the Frem]ses hereby mortgaged and no forbearance on the part of the ~J~ORTGAGEE or its successors _ ~ss g~s a+~d no exsens~on ot The t~me ior the paymem of the debt hereby secu~ed g~ven by the 1dORTGAGEE or ~ts wccessws or ass;gns, a~~atl operate ~o re ease, d~scnarge, mod~fy char,ge or affect the orig~nal liab:ihy of the M~ORTGAGOR herein, either in whole or in part. 1Q It is 5'.CGt1i3I1~ ao~eed that t~me is of the essence of this contract and that no waiver of any obGgaNon hereunder or oi the obiigation se~ c_r_d hereby sha!: at any time tnereafter b~ he!d to be a waiver of the terms hereof or of the instrumem secured herby. 11. In ;:i;i r._ ~•o ti:e toregc n~ ~r.onth!y paym_nts of H•in: p3; ar.d int<res~ req~~red by the p~om sscry nore sec~red hereb~, _ mortga~or eovenants ~ ag••a~s so pey to ~nurtg.zyec v.~:h ea.n r.,unthiy pay~.~ent an aod~:ional sum est:;T,ared by mortyagee to be equai to l. 12 oS t,ie annual cosr of the foliow- ~I . . R--.. ' r:al ,;rop••~t~ ra,:s tc•:~_d or ass~~ss~~d agai•~s~ fhc above desri~cd rea! estate. ; B--F~a., ~~s on f~•~~ .~nd winds+o:m insuraece as herein requ:red to be carried on the :m;;rovemeits s.tuate on the above d~scribed premises. ~ C-Fr~,n.,;;• s o i such n,ortgage guara~~`y ir.wrar.~e as mortgagee sha;l from ! me to time deem fit to carry on the loa~ secured he~eby_ f :.'orra~g. e s~~:i `~crn r~~ne to t~me norify mcrtgagor in wrinng o~ the amou•.t due and paya5te hereundrr and wch surn shall thercupon be due and ~ on ''t:r ci~~• e.•~~~ ci th~ ne.r month:y payme~it and each successive month thereaf!~r ur.tii mortgagee sha!I not;F~ mortyagor of a change in such jc Su,n ~ s:F a~ i.e ar~~'~ed by mcrtgag~,e towa~d the pay~rent of real property taxes, insura:xe prem,ums, and mortgagz guaranty insurance ! . ~ . ~'JI^S. ~ i'~ '::ITNE~S ::N~REOF, the sa~d MORTGAGOR has hereu~to set his ha~:d and scal the day and ear first aforesaid. ' S~gned, Sea!ed and defire in t presence of: ~ ' l Seal) - erd C1 c tseaq - ~ l ; c ~ , ~ ( e ia T. Clark ~~ap ~ - - (Seap r =.'E CF f~ORIDA 1 ; u. ;.,'d7Y OF - St . _ LUC1Q Before me personaiiy appeared -YQZ[161:Y A Clark and _Ame 1 i a_? . C lar k his wife, to me well known and known fo me to be i:;d~vid~a's drx~;ted in and who executed the forego~ng instrument, and acknowiedged before me that they ezec~ted the same for the purposes •_~e~n expressed. And the :3~d__ Amelia T. Clark ~ . of the 5.~:~ _ _Y~eslstY-~.~lark - , vpon a ieparate and private . ~-n r.a~!on b~ me tateo separate and apart from her sa~d husband, acknowiedged to and before me that she executed said instrum4fit iiiotY arsd Joluo- ~ • ; ar,d w thovt any co:r;,u~sion, constraint, apprehe or fear of or fr~m her sa:d husband. LVIT6~E55 my hand and offic~al seal this__~- _ day of us '~~A. Q'19 72`~ ~ - , . . _ . Q , _ ~ N tary Pubtic in and for e State of Ftorida at large ~ My Comm~ssion expires: ~ _.i ~ P.c?vrn To: ~ ~;rs! Fed~ral Sa,r<<~gs 3 loan Associat:on 23520~ h~ p . ~ F, FIIED AN~ REC~RDE~ ~ ST. LUCIE COUNT~ FU. RGCE~~ P~I~RAS ~ CLE~K Ci~~uL~tT COURT ~ s~ccv. : -;F~_co ~ This Instrumeni Prepared By Kenneth G. Foltz ~ First Federal Sav~ngs 8~ Loan Association A,',~ p ~ ~ of Fort Pierce ~ F lor ida lW~i , ~ 2 ~6 1 H~~~ i/,~ ~ Checke:: By =Z'-~---- ~ ~~~Y ~ ~ ` aoox ~05 PACE 312 ~ ~ ~ ~ - - ~ ~ ~ e . : =_.r_ ~Y~