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Home My WebLink About2844 J To ptace ?nd continvousiy kcep on the buildings now w herea(ter a~tuate on u~d iand and on alt eq: ~p+*~ent and per~onafly covued by ~hi~ mo~~q- ege, with all premiums lherean pa~d in full, fire insuranc~ in the usual standsrd po~icy form, in a sum ap{xoved by the MOR?GAGEE, and wind~torm ~nsuranc~ in ~I?t v~ual ~unda.d po!~cy fam, i~ • sum ~pp~ov~d by the MORTGAGEE, in such company o~ tomp+nies as the MORTGAG[E m+y diretl; ~nd all fir~ and wind~torm infuranc~ policies on +ny of s~~d build~nps, any interes~ there~n or part ~hereof, i~ the sflgre9~~a sum ~ipe~aid a ln txceu therwf, shall coMain the usval standard mwtys9ee cl~us~ w such oihe~ claus~ as th~ Mo~tpagee msy requ~re, mekir+p the loss unde~ ta~d po16 c~es, esch and ~vtry, payabte ro s+id MORTGAGEE as its intereit may appear, and esch and tve~y such pol~cy shsll be p~orr.ptly su'y~ed a~d de~ivered to any hetd by said MORTGAGEE as furths? security to said matgaye debt, •nd, not leu tMn ten (10) dsys i~ advance of the expi~ation ol eath policy, ~o dr liver to iaid MORTGAGEE • rtnewal thcreof, topNhtr with a rec~~pt fa tM prert~ium of such ~e~ewal; and thers shall be no f~re or w~ndsto~m insuronca placed on ~ny of s~id buildinys, •ny interest therei~ w part tFwr~of, ~nleu in tM form ~nd w~th tM lou payabl~ as ~fwts+id; and in tM event sny :um of money becomea pay~ble vnder such policy or pol~ciss a~d MORTGAGEE ~hall Mv~ the opt~on to rece+ve and apply the same on +ccuum of ~M indebred- neu secursd hereby a ro pe~mit said MORTGAGORS to ~eceive ~nd uis it or any part thereof fo~ other purposes, ~vitho~t thereb~ waivi~x~ or u~~pa~r- ~n9 any eqviy, lien w riflht unde~ w by vlrtw of ~hls mortyape; and ie+ th~ even~ iaid MORTGAGORS ihall fw ~ny reason f~il to Sceep ~he taid premisri w ~nsured, w fail to del~v~r promptly sny of said policies oi in~unnce to ~ud MORTGAGEE, w fail promptly to pey fully any prc~++ium theretw o. in any respect fail ro partam, d'exharqe, execute, effM, comp~ete, comply with ~nd ~bid~ by thi• covenant, w~ny part hereof, said MORTGAGEE msy piace and pay fa such insuranc~ or sny pan thsreof without waiving a affectirq any option, li~n, equ~ty, w riyht unde~ w by virtu~ of thii Mortysye, ~nd the full amount of esch a~d every such payment thall be immediately du~ and payabl~ and shell bear interest from the date tF+ereof ~ntil paid at the ~a~~ ol n~ne per centum per an~um snd to~rther with such infe.est shall be srcured by th~ lien oi this mort~ape. . 1. To permit, commit or tuffer no wast~, lmpairmenf w detaior~tion of iaid property or ~ny p~~t tlxreof. S. To pay all a~+d sinpular the cwts, charpes and expenses, includ7np a re~sonable atrwney i fes and cos~i of abit~ads of t~tle, incurred w psid at any tinse by iaid MORTGAGEE, b~cause o. in the event of the fa~t~r~ on The par~ of ~M i~id MORTGAGOR ro duly, promptly snd fully perform, d~uharge, ~xecu~e, etfecf, complete, comply with end ~bide by each and every the ~tip~,lafions, ayrceme~ts, conditioru. ~nd covsnants of uid promissory note •nd th~s mwtyap~ ~ny w e~iher, and ~aid cosrs, cM~pei and expense~, each snd ewry, sM11 b~ immediately dw and p~yable; whether p not there be not~ce dc mand, attempt to collect a suit ptndinpj and tM full amount of each and wery such psyment shall b~ar inttrssf from tl+e d~t~ tMreof until paid at the ra~e uf nine per centum per annum; and all said wsts, charges and expensef incurred or paid, together with ~uth interest, shall bs tecursd by tAe lien of this mortpape. 6. That in ihe event of ~ny brcach of this Mortpsp~ w default on the part of ths MORTGAGOR, w(b) in the evant ~ny of aa:d sums of money herein r~ferr~d to bs not promptly ~nd fully paid within thirty (30) days next after the ssme ssve.~Ily betome due ~nd payabl~, wlthout demsnd w ewtice, or (c) in the ~vent esch and every tM stipulations, spreemenn, cortditions •nd cov~nants of sa~d promiuory note and th~~ mutpeye any o~ ei~hcr are not i~ly, promptly and futly psrfwm~d, dcxharyed, executed, effected, completed, complied with and sbided by, then in eithsr or any such event the sa~d ag gfegate wm mentioned 1n said promistory ~ote then r~msiniry unpaid, with inte?est ~ccrucd. ~nd aIl monty~ setured hereby, shsll become dw and pay- abie forthwith, p thsreafter, af the option of said MORTGAGEE, a~ f~lly ~nd compte~ely as if ell of the ~aid ~ums of money were ori9irully itipulafcd ro be paid on such day, any~hinp in said prom:uory note or in fha NbrtgaQe to tM tonu~ry ~otwifh~tandinq; and thersupon a thcreafter a~ the oprion of sa~d 11llORTGAGEE, without norice or dsmand, suit at law or in ~quity, there(we w thercafter begun, may be prose.uted as if all moneys secured hereby had matured pNOr to iri irotitution. 7. That in tM event that at the beginniny of or ~t any tims pending any su~t upon this Mortysge, or ro foreclos. it, or to reform tt, or to enfores paymeM of ~ny cfairm M+eunder, iaid MORTGAGEE shall spply to the Court havin~ juri~drction thereof fw tM appointment of • Receiver, such Courf shall Forshwith appoint a ~eceiver of ~aid mortgaged property all ~nd ainyvler, includ~ng all and sinquls? the income, profi», IuvK and revenves from whatsver source derived, esch ~nd ~rery of whith, it beinp txp~ss~ly understood, it hereby mo?tgaged ~s if ~pec~fically Nt forth and desuibed in the y?antiny and hnbendum clauses hereof, and s~?ch Receiver shall have all the b~wd and ~ffactive func+~or+s ~nd powers in anywise entrusted by ~ Court to a Receiver, •nd s~ch appointment sha11 be msde by such Court as an admirted equity and a matt~r of •bsolut~ ripht to said MORTGAGEE, ~nd wi~hout reierence to the adequacy w inadequacy of ths value of the property rtbrty~yed or to the solwncy or ~osolvency of s~id MORiGAGOR p tM defendsnts, and that such renis, profib, incane, issuet and rwenve~ sMll b~ applied by such Receiver ~ccord~n9 to ths lien u puity of seid MORTGAGEE snd the practKe of such CouA. 8. To dvly, promptly snd fulty pKfwm, discharpe, executa, eff~cr, complets, comply with •nd abids by each and every the stipulationi, agreements, co~ditions ~rd covenants in said promissory nots end thif mortpage set forth. 9. That i~ the went tF~e ownerihip c,f th~ mortgayed premises, o? any part thereof, bccomes vested in a perwn othe? thsn the MORTGAGOR, the ti10RTGAGEE, its succeasors ~nd auyns, may, witheut norice to tM MORTGAOR, deal with such tuccessw a tuccessor in interest with reference to this mo~tgaye and the debt hereby secursd in the same manner as with Mortgagw without in any way vitiatinp w diuharying the Mortpagors' liability htre- under a upon the dcbt hereby secured. No sile of the prem~srs hereby mortp~ged ~nd no forb~ar~nte on tha part of the MORiGAGEE or its successors or assigns and no extension of the time for fhe payment of the debt hereby secured pive~ by th~ MORTGAGEE or its successw~ or aatiyns, shall operote ro relaase, dixFurg~, modify changs or sffect ths wig~net lisb~l~ty of the AhORTGAGOR herein, ~ithe~ in whole w in part. 10. It is specifically agreed that time i~ of the essence of this co~tract a~d tMf no waiver of any obtiyetion htrtunder or of the obliystion sa cured hereby shall at any time thereatter be held to be a waiver of the terms hereof w of ths instrument ~etured herby. I1. In addition to ths faego:nq monthty paymentt of prinCpsl and interest required by the promissory nole secured hereby, mortgagor covenants a~d agrees to pay to mortgagee vvirh eath monrhly payment an add~:ional'sum estimsted by mwtgagee to be equal to 1/12 of the annual cost of the follow- ~ ~,g: A-All rea~ property laxa levied w asse~sed agai~si thc above described resl estata. ~ B-Premiums on fire and windstorm inwrar.ce as here~n ~equ~red to be carrird on the improvements situate on the above dtscribed premius. C-Premivms on such mwtgsge guaranty insurarce as mortg+gee shatl from t~rtx to time decm fit to carry on ths ban secured hereby. Mortgagee shall from time to t7me norify mortgagor in writing of the amount due and payable hereunder and such sum s?+al1 thereupo~ be due and ~ ,ayable on the dve date of the next monthly payment and eath successive month thereafter urtil mortgagee shall notify mortgagor of a change in such a~•~ount_ Such sums shail be applied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranty ~nsurance p~rmiumf. ; IN WITNESS WFiEREOF, the sa~d MORTGAGOR has hereunto set h~s hand snd sesl the dey and ye~r first afwesaid. ; Signed, Se+led and deliver~d in the presence of: 1 ~ ~ ~ SI~Gt/yrlLQ. ~C-~/Ll~i ~L1~~ee1) ; III ,n ~ / i , s i,~ L (fl c1'~1~')! _ (Seaq ; Frances C. Hendezsan ~~,i~ ~ € € STATE OF fIORIDA ~ St. Lucie u- COUNTY OF Before me perwnally app~sred .T~6S Bruce Henderson, III ~ FYdflCe3 C. H¢ndexson hi~ wife, to me well known and known to me to b~ ~ rhe individwb described in and who ~xecuted tF~e for oi instrum~nt, end ~ckrawt y ny ed9ed befwe me tMt tMy executed the sarrK fw tha purpwes therein exPres.ed. ~~,d ?h~ sa~e ttrances C. Henderson ~ ~ N~fe of th~ ~eid - .ja~5 Bruce Henderson . III , upon • ieparate +nd priv~r~ ;i examinaYan by me taken uparste and apsrt from her uid hu~b~nd, atknowl~dq~d to •nd befws ms that she exacuted aid inftrument'~feely'Md votun- ~ !anly and w~thout ~ny compuban, constraint, apprehen#fon, w fear of or from Mr s{id hutband. ; s ~ WITNESS my hsnd •nd offic~al tesl this r~ l- * A day of 4 Feb~=Y A: b: .a9 73 ~ r\ ' ~ 3 i j c7 ~ ~ _ f ? j- j(2:i...~, I ~ . - ° Nao~ry Pubtk in s~i d fo? the -Stn~ •of ~loridi at ~a p~ ; My Commisian ~xpirp: ~ ~ Return Ta. `r •_..1.5 _ r 7, ~f r . . Firsf F~dtral Saviry~ 3 loan Associarion ~-.C ' 7`~ ~ . ~ Of For~ P~erce. Fort Pieru, florids ' = R~i. ~`-G ~OED 'T iT`~uc?E co~M~r f~~• ` ~~1TR~5 This Instrument Pre ared B J H. Robezts .Tr~ ROCEF ~ pT First Federal Snvings ~ Loan Asso iation ' CL~.~ Y~~`,:~ COU 1' AF~~' - of Fort Pierce, Rlor ida pM t73 = F'Ee 13 1016 , ~ ~ Checked By ~~`7"70~ r~ ~ ~ ~ ~~C~~2~.0 ~;~r2~~1 ~ ~ _ - - - _ _ - - - - - - . ~ . - . - : : _ ~ - ~ - ,c, _ W~s~~~r~