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Home My WebLink About2180 To pi~ce and conrin~ousiy keep on ~he b~~'.d~ngs now or herrafrer vt~ate on sa~d iand and on a1! ey~~p~neM and peraonally cc+ve~ed by thii maeg- sge, w:th sll pren~wms thareon pa~d in full, iu.; insu~ance in the uwal standerd pol~cy form, in a sum app~uved by ~he MOR~GAGEE, and winda~o~m insurance in ~he us~al sta~dard pol;cy form, in a s~m approv~d by ~he MORiGAGEE, in such canpany or con,pan~es as the MORTGAGEE may , dueu; and all fi~e and winditorm insurante po~~cies on soy of s~id build~ny~, any interast therein or part theiroi, in the a99~egate wm aforesaid w in ezcess Ihereot, shall ;onfain the usual s~anda~d mor~gages ciause or such o~her clauie as the Morfgagre may reqwro, making thr loss u~drr ia~d poli- cirs, eath and e~eery, pa;ab!e ro said AIORiGAGEE as ns iNerest may appear, and each and every such pot~c~ shall be promptly assgnrd and delivered ~o any held by sa~d h10R(GAGEE as (wrher security ro said mo+t9age debt, and, not lesf Ihan ten t101 daYS advance oi the expirat~on of each policy, to de- liver ro said MOR(GAGEE a renewal thereof, loge~her with a rece~pt for Ihe premium of such ~enewal: and thero shall be ~w f~re or w~~~dstc~~n insvrance placed on any of said build~ngs, any interest therein o~ part thereof, unlesa in ihe form snd w~th ~he loss payable as aforesa~d; and ~n the eYent any sum of money becomes payabie vnder such poficy or po~~urs said~MDRfi61~GEE shall have the opt~on ~o receive and apply tha same on account o( ~he i~~da~~ed- ness secured hereby or to perm~t sa~d MORiGAGORS lo recnive and use it a any psr? tha:rof, ior otner t%~i~{~OSCS, ~v~1h0~-1 thr. o f ~~~~P~~~~- ing any equ~ty, lien a r~ght under w by ~irtue of th~s mor:gage; and in the event sa~d MORTGAGORS shall {or any reawn fail to keep ~he sa~d premis:s ~o insured, or fail to dehve~ piompUy any of said policies of insurance to sa~d MORTGAGEE, or fa~l pron,pt{y to pay fuily any prem~um therefor or in any re~pec~ iail to perform, d~scharge, eaecute, eflect, comptete, comply. with and ab~de by ~h;a cove~ant, or any part hrreof, sa~d MORTGAGEE may p~ace a~~o pay for s~ch insurance or any parl fhereof without waiving w affecfing any option, lien, equ~~y, or right under w 6y vireue oi this Mortgaga, and the full amount of each and every wch payment shall be immed~atety due and payable and shall bear interust from tha data thereo( u~uil pa~d ai the rate ot nine per centu:n per annum and togethrr w~th such inter~st shall Ge Setured 6y the lien of thiS mMtgage• 4. To permit, comniit or sutier no waste, impairment w deter~oration of said properfy w any part thereof. S. To ~,ay all and aingular the costs, charges and expenses, including a~easonable attorney'~ fee and cos~s o( abstratts of title, incurred or pa~d at any tirr.e by aaid ~1f10RTGAG~E, because or in the event of the fa~lure on the part of the said MORTGAGOR to duty, pro~nptly and fully pe~form, d~scharge. execute, effet~, complete, comply w~th a~d ab:de by each and every the stipulat~ons, agreements, conditions, and covenanes of said promissory note and ihi~ mortgage any a e~the?, a~:d sa:d costs, cha~ges and ezpenses, each and every, shall be immed~ately due and payable; whether or not there be not~ce dr mand, attempt to collect w suit pend~ng; and 1he full a~nount of each and every s~ch paymeN shall bear interest from the date ~he~eof umil pa~d at the raie o~ nine pe~ crnt~m Ner anna.n; ond a!1 sa~d cosfs, charges and eaprnses incurred w paid, togeiher w~th such interest, shall !x secured by the Gen of this mortgage. 6. That (a) in thr event of any breach of thia Mortgage oi default on the pact of the MORTG~IGOR, or (b) in the event any of sa7d sums of money herein refe:red to be not prompdy and fully paid wi~hin ~hi~ty (30) days next after the same se~eratly become due and payable, without demand or no~ice, or (t) in the event each and evcrY the st~pulations, agrecments, tonditions and covenants of sa~d promissory note a~~d th~s mortgage any or either are not ~uly, promptly and f~fiy performed, d.scharged, ezecuted, efteUed, compteted, compl~ed w~th and abidrd Sy, then in either or any such eve~t the sa~d ag- gregaie sum mentioned ~n said prom~ssory note then rema~ning unpaid, with interest accrued, and atl moneys secured hereby, shatl become due and pay- able forthwith, or thereafrer, at the oprion of s~~d MORiGAGEE, as fully ard comple~ely as il all of the sa~d sums of money were a~ginally st~puiated to be pa~d on such day, anyrhing in sa:d prom~sswy note or in this Mortgage to the cororary not.vi~hstand~ng; and thereupon or thereafter at the opuon of said MORiGAGEE, without not~ce or demand, suit at law or in equity, the~efore w tt.ereaf~er begun, may be prosecuted as if all moneys secured hereby had mawred pr~or to as institution. 7. That in Ihe evenf that at the beginning of or at any time pe~ding any suit upon this Mortgage, o~ to iaeciose it, or to re(orm it, or to enforce payment of any da~ms here~nder, said MORTGAGEE shalt apply to the Court ha~~~~g ~unsd~u~on thereof fw the appo~ntmem of a Rece~ver, such Ccwr~ shall Fo~thwith appcint a receive: oF said mortgaged property all and s~~gular, inctvd~ng all and singular ~he inmme, prof~ts, iss~ea and revenues from whatever sovrce derived, each and every of wh~ch, it being expressty undentood, is hereby morrgaged as if ipec~ficalty set forth and described in the graming a~d habendum clauses hereof, and such Receiver shall have all the broad and efietnve f~nct,ons and powers in anywise entrusted by a Co~rt to a Receirer, and wch appointment shaU be made by such Court as an admifted equ~ty and a matter of absotute r~ght to said MORIGAGEE, and without reference to the adequacy or inadequacy oi the value of the prope~ty mortgaged or to the so~vency or ~nsolvency o( said MORTGAGOR or the def~ndants, and that such rents, prof~ts, income, issues and revenues shall be applied by such Receiver accord~ng to the lien o~ equity of said MORTGAGEE and the practice of such COUrt. 8. To d~ty: promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipuiations, agreements, to~dit~ons and covenants m sa~d promissory nete a~ th~s mortgage set forih. 9. Tha~ in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other ihan the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, w~rhovt ~otice to the MORTGAOR, dea: with such successor or successor in interest with reference to this mortgage ar.d the d=bt hereby secured in the same manner as w~th Mortgagor w~thout in any way vitiating or d~scha~ging the Mortgagors' liability htro- under or upon fhe debt hereby secured. No sale of the Frem~ses hereby mortgaged and no forbearance on the pari of the MORTGAGEE or its successors or assigns and no exrens~on of the time ior the payment ot the debf hareby secured given by'the MORTGAGEE or its successors or ass~gns, ahal~ operate Io release, d=scharge, mod~fy change or aftect the o~ig~nal liabii~ty of the MORTGAGOR herein, either in whole or in part_ 10. It is speufica~ly agreed that time is of the eisence of this contract and that no waiver of any obligat~on hereunder or of the obligatan sr cured hereby shaf: at any time thereafter be held to be a wa~ver of the terms hereo( Or of the instrument secured he~by. l l. In add tio~ to the ferego ng monthly payments of princ pal a~d inrerest required by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mojtgagee vvith each monthly pay~nent an add~rional sum est~mared by mortgagee to be equal to l;'12 of the ann~al cost of the fo:low- ~ng: A-All rea~ property taxes levied or assessed aga~ns: thc above described reai estate. g-pr~n,~urns on fire and windsro-m insurarce as herein requ~red to be carried on the ~mproveme~ts situate on the above described premises. C-Prerniums on suth morigage guaranty ir.surar,ce as mortgagee shall from t me to time deem fit to carry on the loan secured hereby. Mortgagee s!~a~l `*om rime to.time notify mortgagor in writing of the amount dve and payable hereundrr and such surn shall thereuporr be due and payable on the due date of the next month:y payment and each successive month thereafter uctil mo~tgagee shall not~fy mortgagor of a change in such amo~nt. Such su:ns s~~a.I ce app~ied by mortqag~e tov.a~d ~he payment of real property taxes, insurance pr m:ums, and mor age guaranty insurance premiums. \YITNESS ':JHEREOF, the said MORTGAGOR has hereu~to set his hand and seal the day and yea irst a~aeuid. ~ ' ned; Sealed and "ver in the presence of: sl) , Wal t r arr seaq _ ~~i[2 A C_ L ~v - l Q~U~LQ Ca~ !$eal) Grace G . Warren csean. STATE Of FLORIDA ~ ~ COUlJTY OF St. Lucie ~ Before me personally appeared Walter Warren and Grace G. Warren his wife, to me well known and icr~qwtn to me to be the individuafs described in and who executed the foregoing instrument, and acknowledged before me that tF.ey exec~letl'ff~.?'leh~e for•the purposes . 1 . fherein expressed. And the said Graee G WdZZeII ~}~~_,,,~.~^~g~ wile of tfie said _ Wal ter Warren upon e~Separati snil private examinat~on by me taken separate and apart from her said husband, ackrawledged to and before me that she execute~ ~i{ ir~~e,~t'fretl~{_ and volun- tariiy and w~thout sny compulsion, constraint, apprehens: , fear of w from F~er said husband. : • WITNESS my hand and offiual seal thiL- day of Deceaber ~=r, . ~ 1~•j?. D: 19~- ~,111~.i~1_ . . ? Notary Public in aAd'fo',t~~tate of ida~at.large My Commiuion eipire~ ~d Return To: ~ ~••d 7 First Federal Savin~s 3 loan Assxiation NOt~p~I~~y;~TE 01 FLORIOAlt IARCE Of Fo~r P.erce. NIY CObU~1~SSIQII EXP~RES SEPT. 25, 1975 ; Fori ?irrce, flo~~da Boodd By M~er~can Bd6KQf5 IOSLCd(1C8 FILEO Ali~ R~COROEO ST_ LUCfE COUNTY FLA. This Instrument Prepared By RichaYd K. Kayes RO:.EF F)ITRAS ~ First Federal Savin s& Loan Association CLEStK ;,tR.,UIT COURT 9 RECCR) Yt = fiED of Fort Pierce~ FlOYida 0~ 5 9 Zi AH'7Z Checked By gppX PACE ~~OU 243100 dz ~ ~ ^ 4 - - - - - - - . ~ } ~ - ~ - - _ ~ry ~ . _ _ _ ~ ' ~ : x n . ' . ~ ~ : '