The URL can be used to link to this page

Home My WebLink About5951 To piace and continuo~sty keep on the bui:dmgs now or hereafter situate on said ~and and on alf equipmant and penonally covered by thi~ mong- ~gs, w~~h all premi~ms thr~eon pa:J in iu11, fire insuronce in the usual s~andard po~icy fo:m, in a sum approved by the MOR~GAGEE, and w~nds~o~m insuranca in the usual stancio~d pol.cy fo~m, in e sum approved by the MORTGAGEE, in such tompany or tompan;es as the IvORiGAGEE may direct; and all i~re and w~ndarorm insurance poGues on any of sa~ build~ngs, any imerest therein o? par~ thereof, in the aggrega~e sum~atoresa~d w in eacess thrreof, shall :ontaio the usual srandard mongagee c!a~se or such other clause as the Mortgagee may reqwre, meMing ~hr toss w~der ~a~d poli- cies, each and every, payab±e ro sa~d A10RTGAGEE as es ~N«ei1 may appear, a~d each and every such poiicy shall be promp~ly ais gned and deli.ar.•d ~o any held by said MORfGAGEE as fu.ther security to said mortgage debt, sod, no~ less than ten (10) days in advance of ~he expiratio~ of each pol~cy, to dr liver lo said MORTGAGEE a ~enewal thereof, together with a rece~pt fo~ ~he prem~um of such renewal; and there shall be ~w f~re or windsro~m i~surance plated on any of said b~ifdings. any inte~est therein w part thereaf, unless ~n the form and wiih ~he losa payable a~ aforcsaid; and in ~he eve~t any wm of money becomes payab!e ~nder se,ch poticy or pol~ucs said MORTGAGEE shell have the oprion to receive and app!y the same w? account oi the indebt~d ness secured herepy or fo ptrmA faid IdORTGAGORS to receive and ute it or eny part lhareof tor otiirr purE:~ses, ~•.~tho~t th u: i3 n+,pa~~- ing any equity, lien w ~~ght undrr or by virtue of this mo:tgage; and in the eveN sa[d MORTGAGORS shafl for any reason fail to keep the said premis::s so inswed, or fail to detiver promptly any of said policies of insurance to sa~d MORTGAGEE, or faii promptly to pay fulty any p:e~~~w~n thcrefor or in a~y ~espect iail to perfo~m, d~scharge, execute, effect, complete, comply with and abide by this covenant, or any par~ he~eof, said MGRiGAG~E ~nay piace a~~o pay for such inswance or any part thereof w;thout waiving or affecting any opt~on, lien, equ~ty, or ?i~ht under o~ by virwe ot this Mor~gege, and the full amoum ot each and every s~ch payment shall be immediatety due and payable and shall bear interest from the date thereoF until paid at the rare ol mne per cer.wm per annun, and to~e~h~r wi~h such interest shau be s~wrrd by the lien of this mortgage. To permit, comm~t or sufter no wasta, impai:ment or deterioration of sa:d property or any part thereof. 5. To pay all and singutar the c~sts, charges and expe~~ses, including a reaso~able attorney's fee and costs oF absrracts of title, incurred or pa~d at any ti~r.e by se~d MORTGAGEE, because or in the evero of the fa~lure on the parl of the said MORTGAGOR to duty, promptly and fuliy perform, d~scharge. rxecute, elFect, comp!ere, co~rply w~th and ab:de by each and every the stiputat~ons, agreements, conditions, and covenants o( said prom~ssory ~ote and th~s mortgage any or e~~her, and sa~d costs, charges and expenses, each and every, shall be immediatety due and payabte; whe~her or not there be nohce da mand, attempt 10 collrct or suit pend:ng; a~xl the full amoum of each and e~ery suth paymeM shall bear ~nterest from the dare thereof until pa~d at the r.~te o~ r.;ne per c<n~vm prr a~i~~u:n; and all said costs, charges and expenses incurred or paid, rogether w~th wch interrst, shall be secured by the lien of th~i mortgage. b. That (a) in the event of any breach of this Mortgage or defautt on 1M part of the MORTGAGOR, or (b) in the event sny of sa:d sums of money herein refe~~ed ~o be not promprly and futly paid wi~hin th~rty ~30) days nex~ airer the same severa!ly become due and payable, withuut demand or nonce. or (c) in the evero each and evrry ~he stipulauons, ag~eements, cond~tions and covenanta of sa d promissory note and th~s mortgage any or enher are not ~uly, prornptly and fully per(or~-~ed, d,scharged, executed, efiected, compteted, compLed w~th and ab~ded Sy, then in e~ther o~ any wch evem the sa~d ag gregate sum men~ioned in said promissory oote then remaining unpaid, with interest accwed, and aU moneys secured hereby, shall become due and pay- able forthw~th, or thereafter, at the option of se~d MORTGAGEE, as fully and cometete"fy eTif-all of the sa~d sums of nwney we~e or~ginalty shpu:aTed to be pa~d on such day, anyth~ng in sa.d promisswy note or in this Mort~age to the conrrary not,vrths~and~~~g; and thereupen or thereaher at the op~lon of sa~d MORTGAGEE, w~~hout nonce o~ demand, swt af law or in equity, therefwe o~ therealter beg~n, may be prosewted as if all moneys sewred hrreby nad matured pnw to ~ts insiituhon. 7. That in the eve~t that at the beg~nn+ng of or at any tiTe pending any suit upon rhis Mortgage, or to fo~eclose it, or to reform it, o? to enforce payr.knt of any claims he~eunder, sa~d MORTGAGEE shalt apply to ~he Court having ~ur+sd:ct~on thereof ier ehe appointment of a Receiver, such Cour~ sha~l forfhwith appo~nt a r~eiver of soid mortgaged property all and singular, includ,ng all and sing~lar tt~e income, p~of~ts, issues and revenues from whatever so~rce derived, each and every of wh~ch, ~t be~ng expressly undersiood, is hereby morrgaged as if spec~iically set forth and descn5ed in the granring and habendum cia~ses hereof, and such Receive~ shall have aIt the broad and efieaive funct.ons and powers in anyw~se ennusted by a Court to a Rec~i.er, and s~ch appoinrment shail be made by wch Court as an admitted equity and a matter of abso~ute r~ghf to sa~d MOR7GAGEE, and without reference to the adeq~acy w inadequacy of the value of the property mortgaged or to the so~vency or inso!ve~cy of sa~d MORiGAG~R or the detandants, and that such re~fs, profits, income, issues and revenues shall be applied by suth Receiver accord~ng to the lien or equity of said MORiGAGEE and the praaice of such CouA. 8. To duly, premptly ar.d fuf!y perform, d~scharge, execute, eifect, corr.plete, comply w~th and abide by each and every the stipulations, agreements, :o~ditions and co+enants in sa~d promissory note and this mortgage set fwth. 9. That in the event the owrership of the mortgaged premises, or any part thereof, becomes vestPd in a person other than the N10RTGAGOR, the :',ORTGAGEE, irs wccessors ar.d ass~gns, may, without notite to the A50RTGAp2, deal w~th wch successo. or successor In interest with reference to this n~o~tgage a.^d rhe d~bi hareby secu~ed in the same manner as w~th hlort~ago. w~ihout in any way vinating or d~scharg~ng the /~lortgagors' liaoitny here- ~rder or upo~ thr debr hereby secu~ed. No sale of the premises hereby mo~tgaged and no forbearence on the pan of ~he MORTGAGEE or iu s~ccessors or ass~gns and no exrens~on of rhe rime for the payment of tAe deb~ hereby secured given by the MOR7GAGEE or its successors or ass~gns, atiall operate ro release, d~scharge, modify change or affect the orig~nal liab~6ry of ~he MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed thaf time is of the essence of this contract and that ~o waiver of any o6figat~on hereunder or of the obligaYan se- cured hereby shalt at any time thereafter be held to be a waiver of the terms hereof or of the instrumem secured herby. 11. In add t:o~ to the foregc r.g monthty payments of princ pat and interest req~ired by the prom"ssory no!e setured hereb~, mortga~or tovenants I' ,rd agrees ro pay to mortgagee v~ith each monrh~y pa~rnem an add,rional sum est~mated by mortgagee to be equal to 1; 12 of the annual cost of the follow- i - j A-All real property taxes fev~ed or assessed agai•ist the above dezcribed real esrate. ~ B- prem:~ms on fire and winJstorm insurscce as nerein requ;red ?o be ca•ri=d en the improveme~ts siwate on thr above described premiR}~ ; i F C-Premiums cn such mortg,:ge gua.anty ~r.surar.~e as mortgagee shatt frcm t'rre to nme deem fir to carry on the loan secured•fie~et~y.. Mortgagee shaEl from t~me to t~me nor~fy mcrtgagor in writ~ng of the amount d~e and payable hereunder and wch sum shall:thKltipptt.kib due 3r~d 's~ ;.~yable o~ the d~e date of the ne.: nionthty paymertt and each successive month thereafter ur,tit mortgagee shall notify mortga~r Zf -~'et~anQe rin wjh . ~-o~nt. Such wms s~a'I be a~-•p!ied 6y mortgag^e toavard the payment of rea! property taxes, ~nswanct prem:ums, and +nprtgl~p: 9uixant~ w~.~yralftR ~ : ~emiums. - ~ ~ ~ ~ - ; ' i~.h ~ ~ - ` IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seat the day and ea ' st aforRSaid. ` _ ~ Signed, Seakd ac~d delivered in the presence ofc ,~~tiQ~` ~ ~ Eo ~NO RE~oaoEO , , ~ . LUCIE COUt1TY flA. gy ; ,t ,i'L-,` ' ~ ROGEf. ?n~;RAS RobeY ~t1sID P! 5~~ ~ , C! Eal~ c''.CUl7 COURT ~ ~ ' `~a~, - RFGOR~ YER'F~~O~tt@3~ ' ' ~ G Q_ ~ - ~c.-~~ , ~ ene C. Dzumm, Vice-Pres~des~q ~ ~ ~ - ~ ~ - - - - - - - - _ _ _ - ,ld~ ll ~ pM_ 7 ~ 2~56~5 - - . - - - ~ . . ~ STATE OF FLORIDA ~ OUNTY OF ST_ LUCIE ~ I HEREBY CERTIFY, That on this - __day of- ~ece~ber _ A. D. 19 72 , before me rsonall a ; Pe y pPeared Robi~Yt D7CUm and Gone C. ~YUmn ~ respectively _ Presider.t and y~ CQ r¢sida+t - Secretary of Rob~+s~ Drunm ~ternrises, Inc. ~ Florida ' - Corporation, to me known to be the per;ons described in and who e~cecuted the foregoing instrument and severally ackrt"tfwl~dged the exe- cution ihereof to be th~ir free act and deed as such officers for the uses and purposes therein ~entione,d; ~atitl"tha~ they affixed thereto the official seal of said corporation, and the said instrument is the act and deed~" trE ~said eorpor~ipn_ i'E . . ` WITNESS my hand and official seal at Fort Pierce , said counfy ~I f~. e`. ="i,•. • ` T6is instr~ent prepaxed by Gary F. Ellvrood . ~ : = FiYSt Federal Savings and Loan Association • _ ' of Fott Piexce, Rlorida Notary Public, in d for Statqr~,~nijr'afDi ~ei6t. ~ ' roOL1` SfATE'OF F1~ORIDA +11 U^3E t°- My Commission pires: A'1Y CpMM~~~OM. F10R ~ONOED THRU FBED W, IESTEtNOF~ST 18~ Checked By ° R ~09 29~1 = ao~K PAGE • _F; 1 ~ . - ° - . . _ _ ~