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Home My WebLink About1513 To ptaca and conunuo~,:ly Crrp on the bu]:dmps now w hsrea{ter ~Wete on sa~d la.~+d ~r~d an aU cqu~po,r~~ ~nd pe.io~sily cuve~ed by thu mortg- ~g~, w;~h ~Il pem~~n:s ihe~eon pa~d in fu11, (ire ~~sura.:ce ia ~he usual iundard po~~cy fam, in ~ svm app~oved by tIK A1CR'G~GEE, a•+d w~nds~arm ~nswtnc~ in tne uiusl sesnda.d po!.cy fam, in ~ sum app~~.rd by ~M N10RTGAG:E. in tvch canpany u canpanies the MORTGAGCE m~y d+recl; and ~tl f'as ar..! w;nds~arm ias~uance po~K~es o~ any oi ss~d ln,~~d.ops, any intereit the~ein or pa~t thereof, in ~M aygregue sum afo~esa~d u in sacrss thercof, shali cor,~ain ths usual standsrd mo~t9ages dause or such u~har c~aus~ as the Mortqagco mav reqwrs, ma?inp the ioss ~nde. ae~d poi~ des, each and eYZry, pay~bl~ :o sa;d M~RTGAGEE as ~ts i~~er_st ms~ appear, a~~d eath and every sucA po:~cy sl~ali be promp~ly +u gned and de~~ve~..d +o •ny held by s~~d /A02/GAGEE as furthx teturity to sa~d mortpage drbt, and, not les~ ~~an ten (10) days in adrance of ihe exp~rot:o~ oi each poGty, ~o de- livN to said A~ORiGAGEE a~enewal thereof, to3e~he~ wah a rece~pt (o~ ihe prem~um o( tiuch renewal; and ~here sh.~N ba no f•~e o~ w~~~.isrorm insunnce pl~ced on any ot taid Cuild~ngs, any intcrrst thereia o? part thereot, uMess in ~he fwm and w~th the ~oss payabte as aforeu~d; and in ~he e~e~~ any ium of money bccomas paYab:e under s~ch policy ~ polKies ta~d MORTGAGEE sh.+ll Mve ~he optlon ~o ~rceive and appty Ihe aa~na ~n accow~~ o( tt~e indabtrd- ncss secured Fereby w ro pcrmi? sa~d MORTGAGORS to receiva and use it a any pa.t t1,e:~rof ?w otn.•r pu~pas~s, v.nho.,t ~?~_~~u~ or ~•~~a3cr- ~ng any equ~ty, I~e~ or ~~ght undrr or by virtue of this mongage; and in tFK ~ven~ sa;d MORTGAGORS shall tw any roason fsil to keep tAe sald prem~s_s so ~nwred. w/ail b dctiver promptly any of said polKies of insurance ro sa~d MORTGAGEE, w fa~l promp•ly to pay f~~fy any pramum ~he~efw or in a~y respect f~il to paiar~, d~scM~ge, eaecute, e~fect, comp!Ne, comply wi~h end ab~de by th]s covenant, a+ a~y ~.a~l hareof, aaid MGRiGi+GEE may plxe a~~ pay fw such insu~ance ot u~y part thereof without waiving w a((ectirg any option. I~en, equit~, or r~ghf ur+de~ or by virtus of this MwtgaQe. ~nd the f~lt amovn? of each and evcry such payment shail be irrunediarely due arxl payable and shall lYar interest from tha date ~herrof v~~til pa~d at the ra~e ot n~ne per cen~um per annum and *o~ethrr with such interesl shali be srcured by the lie~? of this mortgage. 1. To permit, mmmii or su(ter no was!e, irnpaument w dete~ioration of said propc~ty a a~y pari thereef. 5. 1o pa~ all ar+d singulsr the costs, cMrges and eapenses, including a reasonable atrwney i fee and cosTS of abst~acts ot tiite, incurred w pa~d st a~y tim.r by sa~d MORTGAG:E, bccause w in the eve~t of the fa~lure on ihe par~ oi the said MORTGAGOR to duly, pranprty snd fully pcrfam, d~scharge. execute, e({ect, comF!ete, compty w~th and ab:de by each and every ~he stipvlaiwns, ag~eea~ents, cor+dltions, and covenan?s of sa~d prom~ssory rr~te and thts m~~gage ~ny w e~~l+er, and sa:d cosn, charges and e~cpenses, each snd every, shall be immediately due and payable; ~~hethc~ a not rF~re be ~ot~ce dr mond, anempt to cotlcct w suit pe~xltng; and the full amovm of each and evrry soch payment sF+ali bea~ imeres? from dx date thereof umii paid a~ the r„ee of oine per crntum prr an~~um; arx.' alI said cous, charges and expenaes incurrad or pa~d, ~ogesher w:th such imerest, shall be secured by the lien of th~i mortgage. 6, Tha1 in the evMt of any breach of Inis Mortgage w defavtt on the part of the MpRTGAGOR, or ib) in tF~e event any of sa:d sums of money hercin re~crred to be not promptly and fully paid within th~rty (30) days next after the same seve~atly become due and payable, without dcmand or noute, ur in the eveN each and every the stipu:atio~s, agreements, condifions and covenants of sa:d p+omi:sory note and th~s mo+tgage any a riiher a~e no! iuly, promptfy and fult~ pertormed, d+sclx~grd, ezecu:ed, effected, complered, con. plied with and ab~drd Sy, then in eithe~ or any ~uch event the sa~d ag ~regate wm mentaned in said prom~ssory note then rnnaining unpaid, with interest acuued, and a~l moneys secured hereby, shall brcarne due ar.d pay- eb:e fo~thwith, o~ thereafrer, at the opt~on of said MORTGAGEE, as (ully and comple~ely as if all of the said s~ms of money were or~ginalty st~puta~ed to be pa~d on such day, anything in ~a:d p~om~uwy note or in th~s Martgage to the conira.y norwi~hs~and;ng; and iherevpon w thereaher at the opt~ore of s~:d MORiGAGEE, whheut nor:ce a demand, suit at law or in equity, therefo~e a tFKreafier begun, may be prosecuted as if a~l moneys secured hereby ncd :natu:ed pnot to ~ts ~nstitution. 7. That in the eve~t that at the beginn~rg of or rt any time pending any s~~t upon th~s Mo~egage, o~ to foreclou it, or to refwm it, or to enforce paymtnt of any cla~ms hereunder, uid MORTGAGEE shall apply to the Court havi~g jurisd~ct~on thereoi 4or the appoanfinent of ~ Reteivc~, s~ch Court shaN Fo:thwith appoint a reteivr o~ said mwtgaged property all ar~d :~ngular, includ.ng all and s~ngu7ar the income, p~of~ts, iss~es arid revenues (rom whateve~ source derived, each and every of wh:ch, it be:ng expressfy under:tood, is herei~y mwtgaged as if spec~iicalty xt forth and dexribed in the granr~nq and h3oendum ciauses I+ereof, and such Receiver sha11 have alt the b~oad and effea~ve fu~cnons and powcrs in anyw~se entrusted by a Court to a Receiver, and s_ch appuintment shall be made by such Covrt as an sd~ni~ted equity and a matter of absolute right to said MORTGAGEE, and ~nithout reference to the adrquacy or inadepuacy of the valve oi the property mwtgagcd or ~o the so.vency w insotvency of said MORiGAGOR or the defendan•s, a~~l that such r~~nTS, profits, incprte, issues and revenues sSwll be applied by such Receiver accord.ng ta thr iien w rquity of said MORTGAGEE and the practice of suth Court. ~ B. To duly, promptly and fvlly prrform, dixharge, execute, effect, camptete, comply wirh and abide by each and e~ery the stipu~ations, agreements, cond~tions and covmanrs =n sa~d promiuory note and this mwtgage aet torth. 9. That in the e•reat the ownership ef the mwtgsged premises, a any part thereoi, Eecomes vested in a person other than the MORTGAGOR, the h:ORTGAGEE, its successws and assigns, may, wi~hout nofice 1o the N08TGAOR, deal w~th wch s.,cceasw or successw in ~nterest wrth reference to this n,ortgage and the Jebt hereby secur~ in the sacne manner as with Mortgagw w~thout in any way viuating o~ d~scFarging the ?Aortgagori lisbility herr ~nder or upon ttro debt hereby secured. No sale of tfK Fremises hrreby mortgaged and no fwbearaRCe on the pan of the /AURTGAGEE or its svccesson or assigns and no extension of the hm~ fw the payment of the debt hereby secured g~ven by the MORTGAGEE or its successws or ass;gru, ahall operate ~o retease, d+scharqc, modify change o~ affect the o:~ginal liabil~ty of the MORTGAGOR hereir:, either in whole w in part. 10. tt is spec:ficatly agreed that t~me is of the essence of this contract and that no waiv~r of any obl?gar~on hereunder o~ of the obligatio~ se- cured hereby shaU at any sime thereafter be held to be a wa~ver of the terms hereof or of the instrument secured herby. 11_ In a3~.':tion to the fwego ~g monthly paymants of p~inc pal and inrerest requ~red by the promissory no=e secv~ed herebr, mortgagar covenants ~n~ agrees to pay to mo:tgagee v.ith each monrhiy payr.ie~t an add~ :onal wm es:~m.a~ed by mortgagee to be equat to 1;' 12 oi t4e annual cost of the follow- ~ng: A-All real ~operty taxrs lev~ed or assessed agai~st the above dexr'~ed .eal es•ate. B-Premiums on fire and windsrorm insu~ar.ce as here~n req,,:red to be carried en the emprovemeats situate o~ the above described premises. ' C-Premiu:ns on s~cF. mortgaqe guaranty ir.wra~ ce as mortgagee sha'~! frorr. t~me to time deem fit to tarry on the loan secured hereby_ ~i Mortgagee sho?I 'rom t~me to t;rne not~fy mortyagor in w.it~ng of the amov~t due and payable hereundrr arsd sucF~ sum shail thereupon be due and R ;.s~able on the d~e date ef t~e ~ext ~nonthly payment and each s~ccessive mo~th the:eafter ur.til mortqagee shall not~fy mortgagor oi a change in such ~ a•-~ovn*. Such wms sE:a:i F~ app:~ed by mortgagee toward the payment of reat property taaes, inwrance prem.ums, and mortgage guaranry insurance {~remiumt_ ~ ~ IN 1TNE55 NH EOF, the said AIIORTGAGOR has herPU~to set h~s hand end s.•al the day and year f:rst aforesaid. " ned, a .d r in preaence of_ r~ _ ~i~'-!~~ ? / - //7Ct~~. . (Seaq _ cs~n - - ` ,~%7/~T 1~~~Z ~'Y.~~~.,-~?s~so - _ cs~aq _ STATE Of ~iQRIDA 1 ~ cour~rr oF St . Lucie Before me perso~all appeared ~SCdI T. Main a~ Ml~dred L. Main his wife, to me well known and known to me to ~e the individuais described in and who executed the fuego~ng instrument, and acknowtedged befwe me that they executed the same for the purposes fh~~~c~ ~xa~~d. n.,d r~ ~:a_ Mi ldred L. Main +.:tc of the said Oscar T. Main epon a separate and privats ca e~am:naKon by rrK taRe~ separate and apart from her sa7d husband, acicnowledged to and before me that she exetuted sai~ instrument freely and volun- ~ ru~ly and wrthout any compulsion, constraint, apprehens~ rr/t~ fear of or from her said husband. ~ WITNESS my hand and ctficial seal thi - ~l`1 day of Feb uary q, D. 19 73 ~ ; Notary Public in and~f r the tate of Florida at :acpa My Commiu+on expues: , ~ Rerum To: NOTART PUBUC. STATE ot iLORIDA at LARGE ~ First federal Savings 3 loan Association tAY CU~c1;dIS$SGN EiCP1R[S lA"1. 1917 ~ ~ Of ~o~r P:erce. Eyp~QeQ ey i+mer;an 8ankfrs Insur~rK~ CO. - ~ ~ Fort Pierce: florida - ~ w~ ~l~i','~`"-' . 825 ~ . - ~ - - ~ F I.F•Q AhL• rtE • Ri _ ~ This Instrument Prepared By R. L. Stut2 g~-~l~~i= :vtjJ~~~r _ F ~ ~ ~ First Federal Savin s 8 loan Association ~ F~~T~~l4 ~ v. ~ of Fort Pierce AFF~tEA~ C`; Ct;+? COUR? v_ ~ c~ E ~ - , Florida R., yE tED~ ~ - ~ ~ - - ~ Checked By ~ I ~ f ~ ~r~ i~~'~T ' - . . ~ . ~°ccx2~1 Pacf~511 . ~ _ _ - - - - _ ~ ; . ~ ~ - ~ ~ - ~a~ _ ~ -