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Home My WebLink About3487 J. To p!ace and cont;nuo~sty kerp on ~he bui~d~ngs now or he~rai~er s~tvate on sa~d !and ar.d on a'.; equ~p~nem ar.d perso~a~~y cove~ed by th~s mwfg- ege, w~~h aN premiums tnereon pa.d in fu!!, f;re inswance ;n rbe ~sv~i standard po:~cy form, in a s~m approvrd by tha h10RtC,AGEE, a~td w~ndatonn ~nsurance in Ihe us~al standard po:.ty iorm, in s sum app~o~~d by the MORSGAGEE, in such company or co:npanies as the A10RiGAGFE may d~rect; and all fire a~.d w;ndstorm insurance po!tdes on eny of sa'd buitd.ngs, any interest therein or part therzof, in the dgg~eyate wm aforesa~d o~ in excess ~hereof, shall conratn ~he usual standa~d ma.tgagee ciause o~ such o~her clause as the h;ongagae may requ.re, making ~he was w~der s~~d po~i- c~es, each and every, payab!e to sa~d h~ORTGAGEE as ~ts inter~~st may appear, and each and e~~ry wth poi.cy sha~t be promptty ess y~rd ar.d dri~.~,.~rrd ro eny held by sa~d A10RTGAGEf as further security ~o s~id n;ortgage dabt, and, rot less ?han ten (t0) da~s in adva~ue of ehe eYp~ranon of eech pol.cy, to de- I~ver to sa~d A10RTGAGEE a rer.ewal thereof, to~ether with a rece~pt ior tAe pre~n~um oi such ~enc+.al; and thrre sh~ll L-a no Lre or .,;~~~ds~orm i~~surance placed on any o( said bui(d~ngs, any interesl there~n w part rAereof, un!ess in the form and w+th the io:s payable as afaesa~d; and in the e~ent any sum of mar.ey tetames pa;.;`•!_ vr<'a- sac~ ,^-o!:~; N Lu+~eC:PS sa;d MORTGAGEE shall have the opt~on to reo_~~•e and app!y fhe saine on account of thr ind~t~t~d- ness sewr~ hereby or 1J perm~t sa:d MORTGACiORS to rece~ve dnd use it or any p~~t thr:oJt fo~ orner ~,~r,.::u•s. ..:tir•.,_! th or .1-,., cr p,.~- ing any equ~ty, lien or r:gM und~r of by virrue of thia mo"gage; and in the evem sa~d MORTGAGORS sha!1 for any reason fail to kcep ~he sa~d prem~sas so ~~sured, or fail to dr6ve+ promptly any of said pohcies of msurance to sa.d MORiGAGEE, or fa~! promptly to pay fu::y any prem~~~n ~herefor or in any respect fail to pe.fo•m, d~scharge, execure, effec~, cort~p~etr, comply wirh and ab+de by th,s coven.~n~, or any part hareof, sa~d MGRTGAGEE n,ay p:ace a~ o pay fur such insurance or any part the.eof w~thout waiving or affecting any op~ion, Iien, equ~ty, or nght under or by v~rwe of this h!ortgaga, a~d the tuil amc~nt of each and eve~y such payme^t shall ~e immedietely due and payable a~d shali bear interest trom the date ~hereof unril paid at thz rare ol n~ne pzr centu~n per ann~m and to~rther with wch inter~at shaii be secured by Ihe iien of this mo~tgagr. 1. To permit, commit or sufFer no wasle, impa~rment w deter~orat~on of said property or any pari thereof. 5. To pay all and 3ingutar ~he costs, cha:ges a~d expenses, ~nduding a reasonable attwney's fae and costs of abstrac!s of tAie, inwrred or pa~d at ~ny Iime by sa~d MORTGAGEE, because a~n the eveM of the failure on the part of ~he said MORTGAGOR to duly, p~a~npNy and fu:~y pe~form, d~scF,jrge >.ecute, effeu, complete, comply wnh and ab:de by each and every the stipc!anons, agreements, conditions, and coveeants oi sa~d pro:n~ssory note ar,d ihh ~~ortgage any o~ ei~he~. and sa~d coses, charges and expenses, eath and every, shatl be imrr~d~ately due and payable; whefher or not there ~e nor~ce da rt,and, atrempt to cot7ect or ivit pertd~ng; and the fuA amovnt of each and every s~ch paymenl sha? bear interest 4rom Ihe dare thereof until pa~d at the ~,~e os nine p?r cenrum ~r an~,u:n; an;! a!i sa~d cosrs, charges and excenses ~ncu~red or paid, togcther w~~h such ~nterest, shall be secured by the Gen of th:~ mortgage. 6. Tha~ (a) in the event of any breach of this Mortgage or default on fiK part of the MORTGAGOR, w;b) in the evant any of sa"d sun,s of money herein refe~red to be not p omptly and fully paid w~~hin th~rty (30) days next a~rer the same severatly i~ecome due and payaWe, vrithout demand or nonce, or (c) in tha event each and every the st~pu~auo~s, agreemems, cor.d~tions and covenants o! sa d prootiissory notr ar~d ths mortgage any or e~~ber aie nof ~uiy, promptly an,~ iu;ly per(orm2d, d,scharged, executed, eifected, comp{eted, compGed with and a6~ded yy, tieen i~ ~~ther or any wch event the sa:d ag- ~~egate sum menrioned in sald pro~~issory note tF.rn rema~ning unaa~d, with intrrest acu~ed, and ail mone~s. secvred hereby, shafl ~come due and pa~- eo:e forrhw~th, or thereafrer, at rhe opr:on of sa'~d MORTGAGEE, as f~lly and compleTety as if atl of the sa~tl sums of mo~ey were or~9maily st~putated ro be pa.d on such dc~, anything in sa:d prom~ssory note or in this Alortgage to thN contrary not.vithstand,ng; and ~hereupon or thereafter at ~he opi~on of sa.d MORTGAGEE, without nor~ce or demand, suit at law or in equdy, therefore or thereaErer begun, may be pro:ec~ted as if aI! moneys secu~ed hereby nad matured pner to ~ts instnut~on. 7. ihat in the event that at the beginn;ng of or at any time pending any suit upon this Mortgage, w to foreclose it, or to refo~m it, o+ to enforce F~arment of any c!aim: hereunder, sa~d 1dORTGAGEE shall apply to the Court having jur~sd~ction fhereoi for the appo~ntmenr of a Receiver, such Coun shail fc,rhwfth appomt a receiver of said mortgaged property all and singular, includ~ng au and singular fhe in~ome, profits, issues and revenues from whatever scvrce derived, each and every of wh~ch, ~t be;ng expressty undersrood, is hereby morigaged as if spec~iically set forTh and described in the granti~g and hsbendum cta~ses hereof, aRd s~ch Rece+ver sha71 have al! the broad and effecrive funv.ona and powera in any~,,,~se entrusted by a Cou~t to a Receiver, a~d s_ch appoimmenr shall be made by such Cou.t as an ad~r.itted equity and a maner of absoiu~e r~gM to said MORiGAG.E, and witho~t re(erence to the rci,>q,,~ty or inadeqvacy of the valve of tfie prope~ry mortgaged or to the soivency o~ insolvency of said MOATGAGOR or the detenda~ts, a~d that such re~~s, profits, income, issues and revenues shall be appGed by such Receiver accord~ng to the lien o~ equ~ty of sald A10RTGAGEE and the practice of such Court. 8. To duly, prompt}y and fully perform, d~scharge, execute, effect, comp:ete, comply w~th and abide by each and every the stiputations, agreements, .o~-d~fions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownershlp of the mortgaged prem~ses. or any part thereof, becomes vested in a person o!her than the MORTGAGOR, the .'~RTGAGEE, its successors and asslgns, may, wirhout norice to the A'1pRTGAOR, deal w~th wch successor or successor ;n interest wieh reference to this ^'o•~gage and rhe debt hereby secured 'en the same manne~ as w;rh lhcrrgagof w::hout in any way vit:ating or d~scharg~ng the Idorrgagors' liability her~ :.:~der or upon the deot hereby sec~red. No saie of the prem~ses hereby m.ortgagzd ard no fo~bearance on the part of the 1~lORTGAGEE or its successors er ass~gns and no ezrenston of the nme for she payme~t of the debt h~reby sec~red given by the l.tpRTGAGEE or ~ts s~ccesso~s or ass;gns, a~~a11 operate ro re~ease, d~scharge, mod~fy change or affect the o;ig~nal liab~l~ty of the MORTGAGOR herein, either in who~e or in part. 10. It is spec~flcaily agreed ~hat t~me ~s of the essence of th~s ce~tract a~d that no waiver of any obl~ganon hereunder or of the obfiga!ion s~ :~~ed hereby sha:i at any time thereaNer be hc!d to be a warver of the terms hereof w of the insvument secured herby. I1. In atid.t~on ;o the forego.~ig mcnth!y paymenTS of rrinc pal and inreresr requ~red by the prom:sscry no~e sew~ed hereby, morfga~or covenants ~~d agrees to pay to mortgagee m~th each mon~hly pay~~ent an ado~~~onal sum est•mared by mortgagee to be equal to l, 12 of the ann~ai cost of the fo~iow- A-AI! real ~;roperty taxes levie~ or assessed agaihst thc above dez-ribed real estare. 8-Fr~~~~~~u•r.s o~ flre and w'rrdste^n ;nswacce as he~e~n s~qu~.ed to be carned en The ;mproveme~ts s~ruate on the above d_sc: ~bed premizes. C-Prer.•~i~~ns cn s~ch rr.ort~:ge gua~antv ir,sura..ce as mortgagee sha;l frcm r me to time deem fit to carry on the loan secured hereby. Mor"tgagee shael f.cm t~•ne to t~n,e not~fy mortgagor ~n writ~r,g of the amouo! due a~d payable hereundrr and such sum shali thereupon be due and ..rbte on the d~e tiare of thz next month!y payment and each successive month !hereaft_r v~:ti! morfgagee sha~i notify mnrtoagor of a change in svch :unt. Such sums sFa:f be ap~•.ieti oy mortgagee iowe~d ti,r Noymeni of cc;I Nr~Ncr:~ taxes, inw:snCe Yre:r.:v^:s, a:~~ m_r!g>ge gua.anty inwrance : 'c~!tiums. \ IN Y~ITNESS NiH~REOF, the said l110R7GAGOR has hereunto set his ha,~d and seal she day d year first aforesa:d. ~ igned, Sealed snd etiyered in the p~exnce of: C~ (Seai) 1 ohn A . Hall ~7 _(Seaq - ~ , ~ 15ea1) i - i~ . H2~11 ` ~~a~~ ~ 5~.=+TE Of FLORIDA ~ f ~JUtJiY OF St. Li1C1Q j ` i ~ Befoie me personally appeared John A. Hall and ; Z11Cd L Hall his w~fe, to me wel~ known a+~d known to~ me to be : rhe indiv~duals described in and who executed the fore9oing instrument, and acknowledged before me that they eaecufed~~he~sa~ng for iF?~ purposes f iherein expressed. And the sa]d Z11Ca 1,.• Hall - ~ ~ - :.~fe of the said .10t111 a. Hall ~ upon a~sep~ai4~en4 privata ~.a~n:nauon by me taken separate ar.d apart from her sa~d husband, acknowledged to and before me that she executed=saic~Ivlt~umanLfrfefy and yolun- ' r~nly and w~thout any compu~sion, consrrairo, appreh nsion, or fear of or from her said husband. • ~ ' = j WITNE55 my hand and offic~al seal this day of Deceaber y•= ~ ` 7~ ~ - ~ ~ f ~ Notary Pub~ic in a~d for tF~e Stat of R~a~ at large Return To- My Comm~ssion expires: ' First Federal Savings b loan Associat~on NOYAR1f PUBIIC~ STATE df FIOR~~~ it LARB~ or Forr P E•-~~. MY ~~~u10N EXPIRES SEPT. 25. 197'~ i Fort Pierce, Ffcrida kers ~nsurant~ Ca. ~ondea ur NMtieM Ba~ This Instrument Prepared By D. F,. Holetget flLEO ANO RECOROED First Federai Savings & loan Association ST. LUCI~ COUMTY F~A. ROCEfi P)~ZR~S ( of Fort Pierce~ Fl-firida CtERK CjpCU~T COU11T ; ~ P.EC4RD VEP,tflf0 ~ Checked By A'^ ?O ~ 50 tu ' uw c NI7 gooK209 PA~E 4~ 24~9~0 ~i z . _ , `