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Home My WebLink About1089 To plac~ and cont~,iwraty ke~p on the b~i'd~ngs ~ow o~ F+NeaftN s~tvet~ on ta~d land and on slt eqv~p~nent a~d personally corcfed by th~s mo'~g~ •pR, w~~h all p~em~wns N?e~can pa~d in f~U, t~ro ~~surance M ~he ~sw1 s~a„d.rd ~ticy fo•m, in • svm app.ovecs bi the ..tORiGAGiE. and w~r+.~e~am inwr~nct ~n rAe vswl ~r:ndard po:.cy fa.n, in • wm ~p~uved by the MO~tTGAGEE, in ur,h co~npany w compa~;es ~t th. MORTGqGEE may d'uKl; u~d all (G~ and wi~dsro~m iryur~nct poi~:ies prt any oi sa~d buiW~npf, eny iroenst tl+e~ein a parf ~he:eof, in the aggrrgat~ :~m att.esaid o~ i!~ t~ecru thcreof, sh~ll con~ain ~he usuat itandud morrQa,~e~ clavsa w such otAa ttsus? u tha Matyagee may requ.rs, msking tM 1au u~~de~ sa~d poit ua. cach and rvery, payabl~ .o w;d MORTGl~GfE ai ~t~ imerzs~ may ~ppear, and each and eve.y uc!? po!icy sM11 b,r ptomp~ly a:s qr.td ord dNivtrred ~o ~ny Mld by u~d ~v1pRIGAGEE as fu~~M~e~ iecur~~y ~o utd matgaye deb1, and, ewt teu thar, tM (10I days in ad:anca oF rhe e:p++~t~orr o~ eacb policy, to dr ~~.~u b sa+d MORiGAGFE a rcnewal tlkreof, ro9siF~r wieh a rece~pt fw the pre.-n,um of i~ch re~w~l; and ~he~e shall be no i,re or w~nduot,n insurance P~atled 4n any oE said buildinps, ~ny intetest thereie p part the~eof, untess in th~ form and with 1!w toss payabN u afwesaid; ~nd in the event any sunt of nwney becanei payaple „nder s~,,ch pel,cy or pol~c;as sud MORiGAGEE shall luw the oprion ~o receive sn~i appty the san~e on wcoun~ nf the i+xJabted• ness setured her~yy p~ q pe~mit said MpR1GAGORS 1o trceive and us~ i~ or sny pa~t ~hereof fw o:ner ~.urposrs. v.;riaut th_r~or \v31w:1~ o~ ~mpan• ~+?p any equ~ty, IiM p fi(~F11 UndN Of by vutve of ~hw mo:egage; u+d i~ she event sa~d MORTGAGORS sha~1 for ar~y reasort !ai! ro keep ~he sa~d premues so ~~aur~d, er fai) b del~ver promptly ~ny of said parlKies of i~su~ar~ce to sa~d IAURTGAGEE, w faii promp~ly ~o pay tuI!y any p~eni~um fherefc~ o. in any respect t~il b perform, disch~rge, exacvte, eifKt, complete, comply wi~h and ~b~de by this tovensnl, p ~ny parl heteof, said MORTGAGEE mey plsce o~~d paY fot such insurencY w any part thtreof witAou/ waivinq p affecting any opti~n, lic~~, equ;ty, a right vnde~ o~ by virtue of this M.wtgage, ard tl~e full anwunt of each ar~d ev~ry such payment shalt be immcd;ately dw and payable snd sFull bear interest from the date ihcreof ~n~il pa~d at ~he ra~e ol ~~ne pe~ centum pr annum and to~ethrr wi~h such interest sha~i be srcured by the :ien of th;s martgage. To permi~, commif or suHer no waste. impairment o~ ckrc~:oration of sa;d prope.ry or any part thereof. S. To pay a!1 and s+nQula~ the cosla, chuges and exprnse~, ;ncluding a reasonabk at+o?ney i fee and costs of abstracts of ti~le, incurred w pa~d at any time by 3a;d MORIGAG'E, because w ie the cvent of the fa~iure on ~he p~n of the sa~ MORiGAGOR to dvly, pranpNy and fully periam, d~xharge. execute, ef(ect, comp:cee, cwnply w~~h and ab:de by each :~d e~ery the stipulat+ons, agrermenn, co~ditioas a,~d tovenanrs ot said From.ssory ~ote and ~h~~ +nwt4age +nY « e~ther. ~nd said cosb. cFurgea and expMSes. each and erery. shali be immediatety due and pay.~bl~; whe~her w not thrre be no~~ce dr mand, attempt to colkct or svit pend~ng; and the full arnouM of each and evcry such paymem shatl bear interesr from rAe date the+eo~ unt+! paid tFu rarc oi nine p!v cant~m (J~f iM1UT~ and ail said costs chargrs and e:psnus incur~ed ot paid, togelF.er wJh suth intuest, shall b-: setured by the lien of thif mort9sge. 6. That (a) in the event of any breach of this Nlwtgaga w defavh on the part of the MORTGAGOR, w;b) ;n fhe ev~nt any af ssid sums of rtw~ey hereio rrf_wred to be not promptl~ a+~J fully pa~d wi~hin thirty (30) days next ateer the same severatly become d•x snd payab!e, withoul demand w rtot~ce, or C~ in th. evero exh and every ~he stipuiaiions, agreemmts, cond~tions +nd c,ovenams of sa:d prom~uory ~ote and th;s mortgage any w c~iher are no1 iuly, promptty and fvtly periormed, d.uharged, cxecuted, effected, campteted, compl~ed wirh and ab+ded Sy, then in e~ther or any such evtnt the sa~d ag gregate wm mentione~ in said promissory note thrn remaining unpaid, wiih inreresl accrued, and atl moneys secured hereby, shaft become due and pay- able fw~h.v~rh, p tF~ereafter, at the opr~on of sa~ MORTGAt'aEE, as fully and compleuty as if att of ftk said sums of money ,were w~ginatly st~putated ta be pa'd on svch day, any~h;ng in sa:d promisso~y note or in this Mortgage to thc cerorary notwithstanding; and thereupon o~ thereafter at the opt~o~ of said MOKTGAGEE, without notice w demand, suit at law ot in eq~ity, lherefeue or thereaher bcyun, may be prosecuted as if all moneys secured hereby had mafured prnu to its institWion. 7. ihat in the evev~t that at the beginn)ng of w at any ti.~ae per.d'vy any su~t upon this Mortgage, w to foreclose it, or to reform it, o? to e~forca payme~t of a~y cla~ms Fureunder, sa;d AtpRTGAGEE shall apply io the Coor~ ha~ing jur~sd:ct~ort thereo! for the appo~ntment of a Rcceive~, such Cour1 shall Forthwith ~ppoiM a receive~ of said mortgaged praperty alt and singutar, incl~~ng atl and singuiar the irtcon+e, prol~ts, iuues and ?evmues from whatever sovrce derived, each and every o( wF~KA, i~ being expressly u~dersrood, is hereby mor~gaged as if spec~ircally ut fo~th and dexr~bed in the qrani;ng a~d habendvm clauses he~eof, and such Rcceiver shall have atl the broad and ~ffecrive f~r.cr~ons and p~wers in aaywise cntrusfed by a Coun to a Receiver, and ::;ch appoinrmem sl~all be r.oade by such Couit as an adnitted eqvlty and a matte~ of absolu~e right to wid MORTGAGEE, and withovt reference to the adequacy or i~adequacy of the value of ~he property mo~tgaged or to the so:venc~ or insofvency uf said N~OAiGAGOR or tt+~ defendants, and that w:.. renrs, p~of~n, income, iuves and revenves shati be appt~ed by such Receivn accord~~ig to the tien a equity ef sa;d MOY7GAGEE a~~d the practice oF such Caurt. 8. To duly, promptly ar~d fuily per{am, d~scharge, execute, eife;t, complete, cornply wi~h and abide by each and every the st~pulatlons, agreements, cor.ditions and covenants in u~d promiuory note and th~s mwtgage ut torth. 9. Tha1 in the event the owr+ership of the mortgaged prem~ses, or any part thereof, becwnes vested in e person other ihan the MORTGAGOR, thQ MORTGAGEE, its suctessors ar.d ass~gns, may, without no~ice to tne MORTGAOR, deal with such successor a successo~ in intcrest with refere~+ce to thi~ rno~~gsge and the deb~ hereby secured io the same manner as with N1o:tgagor w~thout in any way vit+ating or d~uharging the IHortgagors' liab~iity he~r under p upo~ the dabt heroby secured. No sa:e of the premises hereby martgag~d and no forbearance o~ the pan of the M02iGAGEE or its successors or assgns and no extensio~ of the rirrr_ fw the payment of the debt hareby set~red given by the MORiGAGEE o~ its ivccesso:s w auigns, a~lall operate to sefesse, dixharge, mod~fy cf+ange or aFfect the original lianiliry of the MOQiGAGOR herein, ~ifher in whole a in part. 10. It Fs spe~~ficr y agreed thaf t~me is of rhe euence of this contract and that no waiver of any cbt~gat~on hereu~der or of the obligatan se- cured hereby sfiall at any time thereaffer be held to be a waivrr of the terms hereo( p of the inst.ument secured he~by_ 11. In add;tio~ to the forego'ng mo~thly paym~nrs of princ pal and inferest ~equired by the prom:ssory note securecl hereby, mortgagor covenants and agrees ~o pay ro mo:tgagee wirh each monrhly pay.nent an add~riona! sum estimat~d by morrgag~ to be eqwl to i/ 12 of the annual cost of the follow- ~nyc A-Ati real prpperty tazrs lev;>~+ a assessed agai~st thc above descr~5ed real estate. B-Prem~ums on fire and v.indsto:m insurar.ce as herein req~;red to be carried o~ tfie Im~reve^~~:s s~::air ex~ rne above desuibed premises. C-Prem;ums on such ma rgaoe gvaranty ~r.sura--ce as morigagee sha31 from t~me to t~me deem fit to carry• oa the loan secured hereby_ Mortgagee sfia?I from t~rne to ti.~e notify mortgagar ~n writ;n~ of tne arw~nt due and payable hereundrr and such su:~: shati thereupon be due rnd Hayable on the due oate of the next montn:y payment ar.d each successive month thereafter ur.til rr.ortgagee shall notify vwrtgag~r of a change in such an•ount. $uch sums sF.a:! oe appi:ed by morrga~>e toward the paymenr of real property taxes, insurante prem:ums, and mortgage guaranty inswance p~em:ums_ IN ~JITNESS WHEREOf, the sa~d 11l~ RTGAGOR as nerevnto set his hand and seal the day and year first aforesaid. Sgnal. Seated and deli~ in th presence oF: . ~ i ' ah B (Seaq _ ~ , (Seaq 1) STA7f OF f10R1DA ~ St. LucS e ~ couNrr oF ~ Befwe me pe~sonalty appeared g~1~dm~I1 D. $18CiClIe11 and P~'Iyl11S H. B~dC~C11~Q11 his wife, to me weA known and known fo me to be r^e ind",v3dw~s described in and w?w execwed tF?r foregang instrument, and acknpwleckjed before me that they executed the same fw 1Fm purposes rherc~n eapresxd_ Md the sa~d Pbyl11S H• B13CkNel1 ' w~fe of the said BQl17dIQIIf BidC]tp@ji upon a separate and privats exam:nation by me ta4en separate z~d apart from her said husband, adcrwwf~iged to and befwe me ihai she exncufed said instrumeM freely a:id vOlun- ~d'~~y and without any compulsion, constraint, apareh~s:on, o~)ear oi ot fr~m F~er sai~ husband. WlitriESS my hand and official scal this .3 ~~~~C~ day of F 1 ,A. D. 19_T~. _ - Nata?y Pub io and fw the te of F ida ~t Lsrge Retum To: . ~'"l~Y Cwnm' ion expires: ~,~ti~. Q 7 S % / First Federal Savings 3 Losn Associat~on • Of Fort P:erce. ~ ` ~ Fo~~ P~erce. Ftor~da "'.,~~r.r~i`•- f1~~DAMOrrCQRDEO - " . : ~ ST. LUCIE CL~sMTY flA. -'-'.J I ~ ; R06E~ ~'J!T3A5 " : , - , CIERl. 'si: COURT t This Instrument Pre ared 8• ~--t= `•.:'~r , p£~;7=" vf~~~FiE, P ~ Richard K. Ka t - .Y_ " ~ = r,. First Federal Savings b Loan Association - r~ FEa 1T ~{I ~S A~"~ of Fert Pierce , Florida :•~t',i ~;~-:r , - ~ . ' ~ ~ , . ' - • ~ Checked By ~ . : . - ~48500 . ~OOK 2~1 PAGE ~O~ ~ i: _ _ _ . F. sn ~~~~s,~.~ ~ - = 4:-.: ~ . : ~ _ . . • T _ f~ ^ : a......-,.. - r. s ~ . . , - _ ;:'r',-.,