The URL can be used to link to this page

Home My WebLink About1523 3. To plxs anC caz+incous{y keep on the b~i'd~ngs naw a her~after a~wa~s on sa~d tard and on ~II eqv~~xnrn! ~nd pe.~on+~ly covere~ by ~his m~rep- s9~. with ~II premiums ~hereon pa;d in fvll, (~.e ~.~svr.~ur .n ihe usvil s~a xiard pot~cy iam, :n a sum ap~ovcd by thr !?'IORiGAGEE. uxl vt~nds~o~m ~nsw~.x~ i~ tM uswl ~fand~rd pol.cy (am. 1~ ~ sum aNp+o.ed by ~ha Ak~RTGAGEE. i++ wch cwnpany or compan~es as ~h~ MORTG~.GEE n+~y d~rett; and •11 fir~ and w~nds~orrn in~uranc~ pol~uet ai any o( ss~d bui~d,npt, ~ny ~~erres~ the~ein w Fa~~ ~hareof, in the ai7g.cys~~ svm afo~esa~d w in eacru ~hrreoi, sMil comain tM uswl sranda~d mw~9agre dause o+ sucl+ other d+~s~ as tht Mc•tQ+gce may rcqu~re, m~linp ~he lo~s unJer »~d po1F urs, each and eve~y, payab~e ro s~id A~ORTGAGfE as ~~s ~~.~e~as~ may appr+4 a~vf each and ev~ry such cwhcy sh.tl be p~anpUy aisg~rd and dc:~~rr.~d ~o ary held by sa~d MURIGA;,fE as iv:ther sr:u~ity to sa~d norrg~yc drbr, and, rtot ku ti+ar. ~en i10) days in rdvafue of :he expua:~a~ ol ead~ pol:cy. ~o Gver to sa~d MORTGAGEE a ren~wal ~hereof, together wah a ~ece~pt fo~ thc pem~um oi such ronewal: and ~h~•re s~~atl ba no Lre o~ wu~duam insu++nce placed on anp oi ss~d bu~ld~ngs, any interest the+e~n o~ part thereof, unleu i~ the form u+d with t!~e loss payoble as afo~esa'~d; and in the eve~l a~y sum ot monsy becomei payable ~.nder s~ch poficy a poGc'res sa~o MORiGAGEE shaU Mve ~he opf:on ro ~ece~ve a~~d apply the same on accovn~ of ~he incl.:b~cd- nea: sewred hareby w ro permit aatd MORTGAGORS t~ ~ecaiva and use i~ o~ acy pmt the:~f io. otnrr ~;ur;,osrs. .•..~nout ~t~:r. u; ..s,+~ or ~~~,p.,~:- ing any equ~ty, fie~ q r~ght u~der a by virrue of this mo:!gage; and ~n ~he evrnt aa~d M0~2TGAGORS sAall fw any rcvson Iait to kerp ~1+e ss7d 4ve~nisas so insvrcd, a fail to de~~ver prornptly any of said {w~icies of insurance ro sa~d MOR(GAGEE, or Fa~l promptl~ to pay 1~~~y any pre+u~u~n ~herPfo~ ot in a~Y respect fail to per(«m, d~icharge, execute, effec~, camplerr, cazplr w~th a~d ab~de by rh;~ cove~ant. a any pr:t F+areof, s~~d MGRTGAGEE may plsce a:~d p~y :or such insurance ar any part titrsof witi+oui wa:ving a affrci~rg sny op~ron. 5en, ey,.ty. or r~ghr u~da w tiy virtur o? rh~s Alatgage. a~xl ~he f~ll amoum of each ar~d every tuch payrt,em aha~l br im;++rd'utely due and payanle and sFwN bear interest f~om the dat^ ~hereof un~il paid at the ra~e of ni~i! ~ Ct~iturtl pN annu~n and to~ethcr with s~ch interest shaii be srcured by the lien of :his mwtqege. 1. To permit, commit ot aufter no waste, impairmant o~ detrriwation of sa~d prc~ty o~ any pa~t thereof. 5. To pay sll a~d singuisr the costs, charges and expenses, inctud~ng a reasonable atto~ney's fee an-± costs of abstracts of t~tle, incunr-~ w Faid af an~~ time by sa~d MORTGAG:E, because or in ihe evrnt of the fa~lwe on the part of ~he said MJRTGAGOR to duly, pra~npNy and fuI!y per(wm, d~uharge_ exrcutc, eifect, complete, canply wnh and ab:de by each and every ~he sripula~~ons, agrcements, cond~t~ons, and covenants oi sa~d promissory ~are and ~h~s mortgage a~y o~ ei~her, and sa:d cosn, charges and expenses. ~ach and every, shsll be immedi~tety dve and ~.+~yable; ~whether w not fhere be no+~ce d~ ~ mand, attrmpt to co.lect or suit peod~ng; sn3 the full amount of each and every svch paymer.t shaU bea. intrres~ from ~he daee thereof uorit paid at tF~e ~+re o( n~ne pe~ centum ~r an~wm; a~~ all said custs, chafges a~xl exFanses incvrred w paid, toge~her wuh svch inte~rst, shail be ucured by ~he 6en of tha mOrtgaqO. 6. That (a) in the eve~t of any breach of this Mo+~gage w default on the pari of tFK MORTGAGOR, w ib) in the eve~t any of sa:d sum.s oE mo~ey he~ein referred to be not prompt:y arxl fully pa:d within th,rty (30) days next after the sa+ne u•rera'.ty becomr due and payable, witMut demand or ootice, or (c) in the evem each ar~ e.an ~he st~putauons, a9rceme~»s, cond~f~ais and coveoants of sa.d promiswty noee and ~h~s mo~tgage any w a~her are no~ iuly, prompdy and fully performed, d.scherg_-d: exetuted, elfected, compieted, caapGed wi~h a~x! a5~ded Sy, thrn ~n e.the~ a any such e~em the sa~d ag ~regate sum mentioned in said p~omissory note then rerr.a~ning unpa~d, with intere;t accrued, and at{ rtun~ys secured hereby, shall becorne due and ~ay ab~e fo~thwith, or thereafter, at the opt~a+ ~f sa~d hSORiGAGEE, as fully and c.xnp:ete!y as il atl of the sa~d sums of money were w.g~~ally sripu~ated to be pa:d on such day, anything in sa'd prom~sso.y note o~ in this Mortgage to the comrory notwirhs~andi~g; and fhereupon or thercafte~ s~ the option af sa:d MOwTGAvEE, without not~te a demanJ, suit at Iaw or in equity, thertfete ot thereaite~ begun, may be prosetuted as if all moncys setu~ed hereby had matured pr~or to ~1S inslitutqn. 7. ihat in the event that at the bey~nn~ng oi a at any time pc~d~~+g any suit upon ~h7s Mortgage, w to fweclose it, w to reform it, or to enForce paymem of any claims he~eunder, sa~d M~RTGAGEE shall apply to the Cwrt having jurisdlc~~on ~hereof far the appomtment of a Receive~, suth Co~rt shatl ferrhwirn appoint a receiver of said morigaged properfy alt and s~ngvlar, includ~ng aU and singutar ~i~e income, p+ofits, issves and revenues from whatever sau.ce derived, each and every of wh~ch, ii being e:pressfy unde~srood, is hereby morrgaged as ~f spec.i~cat:y set for~h and described in the g~anting and h~bendum ctauses hereof, and such Receiver shaH have all the b~oad and effec?~ve funct,ons artd pov~ers in anyw~se entrusted by a Cou~t to a Receiver, a:xl s:.ch appointment shall be made by such Court as an aJmittsd equity and a matrer of absolute right to sa~d MORIGAGEE, a~d w6rhou~ reference to the adrquacy w inadequacy of the vatue of the proper~y mor~gaged o? to the so:Yrncy or inaa:vrncy of sa+d MORiGAGOR w thr defendants, a~:d ?hat such renrs, proiits, i~xome, issues and rev~oves shall be applied by StK~I RKtivN accord~ng to the lien or equiry of said MGRiGAGFE and the p~actite of such Court. 8. To duly, promptly and fully per(wm, d~scharge, execure, effect, cor.~plete, comply w~th and ab:de by each and every the st~pulations, agreements, condlYrons and covenanrs ~n u~d promisswy nore and ~h+s mor?ga~e set fath_ 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person othe? than the MORTGAGOR, the :'.pRTGAGEE, its succeu~rs and ass~gns, may, without rwt;ce ro the uORiGAOQ, deal wirh such succeuor a successw in interest with reference to this r. o~rgage and the dabt hereby sec~red in fhe same manner as N•nh r.~o~r~ago. w~tFw~ut in rny way vitlating or d~xharg~n~ the /Aorsgagors' liabi:ity here- under a upon the debt hereby se.u~ed. No saie of the Frem~ses hereby mortgaged and no forbearance on tF.e part of the lAORiGAGEE w its successors o~ ass~g~s a~d no ex~ens~on of the ~ime for rhe payment of the debt hereby secured given by the MORTGAGfE o~ its sv:cessws or au~gns, a~~a? operate to re!ease, d~uharge, modify thange or affect the orig~nal l~ab:i,ty of the MORTGAGOR Fxrein, either i~ whofe or in part. 10. !t is speuf~ca+~y ag~eed that t~me ~s of the essence of thls contract and that no waiver of any ob!~gatton hereunder w of the obligation s~ cvred hereby shatl at any time tFureafter be he!d to be a wei.er of the te~ms hereoi or of the insrrumeni secured herby. 11. In add;tEo~ to rhe forego:ng mo~rh!y paym~nts of princ pal and inrerest ~equired by the p~on:;ssory no!e secu~ed hereb~, mongagar covenants a•:d og*;es ~o ,~ay !o mo:tgagee v.+~h each month!y pay~.^.ent an add~i~onal sum esr:mated by mortgagre to br eq~ai to 1~ lY of the annuat cost of the foltow- ~;:g: A-AU real property taxes !ev~rd o• asse:acci ag~i•,st thc a6ove desr.~bed ~cal estate. B-Prem~u~r:s on fire ar.d w~ndsro:m ~nwrar.ce as hrrcm req,,;red to be ca•ried en she +mYroveme~ts s:wate oo th: above d:s:ribed premises. C-Premiums on s~ch n:orrg~ge g4aranty ir.surar.ce as me~tgayee sha,l fro:n s'me ro time deem fit to carry on the loan sttu:ed hereby_ i .?.,;I f,om t~me to r~n,e ~of~fy n~ortyagor ~n writing of the amo~nt o_e and p~vable here~ndrr and such sum shafl thrre~pon be due and i . .y..y..,. . ' ' ~ ,~,3bte on t6e due oare oi ~ne neat mor~tn'y payment and each s~ccesvve rr.onth the~eat~er ur.tit mortgagee shait no:~fy mort~agw of a change ~n such oum_ Such sums shaii be app!ied by mortgayee tohrrd ttie payment of real property taxes, insura:xe prem.~ms, a~x! mortgage guara~ty insurance ~ n•e~niums. k IN Y~iTNESS WtiER~OF, the sad MORTGAGOR has hereunto set his har.d and seal the day and year first afwesaid_ M ' Signal, Seated and delivered in the presence of: ~ _ ~ } j , ; i . - i Hub t ~ ~Hurs •I (Seaq - ~ ? ~ . ~ .-~i ah ~L ,~jj atzicia J. urst ,~a~~ ~ ST:.TE Of FLORIDA ~ t • St. Lucie ~ ~ ~o~Nn oF 1 Hubelt H. Hu][St. J~C. ar~d Before rrr_ perwnatly appear _ Patr Cla Hl1ZSt his wi(e, to me well known and knov~-~+ to me to be thz ind~vidva:s descriErd in and who executed the iaegoing instrurr.ent, and acknowi~ ed before me that they executed the sarrK fqrt the purpoxs Patricia J. Hurst rherein e:pressed. And the said Hubeit H. Hurst, r. :;~fe of the said , vpon a separafe and private e,amination by me taken xparate a~d apart irom her said husband, ack~iowtedged to and before me fhat she e:ecuted said instwmqnt freely and vo:un- +j•,iy and w'rthout any compuision, constraint, apprehenf;o or fear of w from !xr said husbar.d_ ~ WITNE55 my hand and offic;al seal th~s- I day of FeaY 3~ - ' ~ A_ p. lq 73 ~ , _ 1 ~ f ~ ~ ' ~ ~ ~ =y_ 7~= j •t - Notary Publ~c in and for~ ~ te of Flqrids at La~ae, - e, . ~ /~ty Comm~ssion expire~: ^ ~ Return To: ~ ' ~ ' • " First Federal Savings 8 loan Associat:on ' ~ Of iort P ce. :r . ~ ~ _ • ~ ~ fort P[_~rce. F~orlda ~ - ~ ~ fILEO 4H` PEC~;tpEO • ST. LUCic ~;OUNTr FLA. ~ R~G~ % "~:'~A$ ~ R CLERX C. ~J=' C)URt ' ~ Th~s Instrument Prepared ByJ. H. obeYts, JY. p«t~Fs~ v=f~ ~ First Federal Savings ~ Loan Association ~ of Fort Pierce ~ Flor ida ~ 44 PH '73 ~ Checked By ~ ~R 24883J ~ a~~ z~~ ~ i~~. aG _ _ _ _ _ _ _ _ ~ ~ . } _ _ _ - - s ~ * ~ ~ . _ . . rt. _ ~