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Home My WebLink About0142 To plac~ ~nd cominuw,sly keep oo ~M bui!d~n~~ now a Mr~aftN utwb oo said land and on ~11 eqvipnent and p~no~~lly cover~d by Ih;s morq~ p~, with dl ~emiumt Ihueon pa+d en 1u11, inswanu in ~M utwl sande.d policy fwm, in ~ sum approv~d by 11» MORfGAGEE. and windsto~m tnswa+c~ In tlw vtwl i~~nda.d pol:cy lam, in ~ sum ~~oved by ih~ MORTGAGEE, in such con.p~Ay o~ comp+n~~s a tiv MORTGAGEE e?ay di~ecli u+d all (ir~ ~nd w~ndswrm inaurance policias on any of Nid bvildirpt„ ~ny lNti~~1 thertin w part_ Iheteol, in tlw app.e9~~e w~+ +tahaid a In ~xc~sf ther~of, shall contaio tM uswl ~t~ndud monpaye~ claua o~ such aF+K claua u tM Mat9a9~e may «quin, makir,p tM tou undar sa~d pol} c~. ~ach a~d evNy. paYabl~ ro wid MORTGAGEE as its intcre~t may ~ppe~~. ind ~ach and ~vay wcA poiicy th~tl be p~omptly a~i pncd and d~livered ro any h~ld by wid MOR1GAGfE as (w~her security to wid mortyage debt, and, oot I~u ~han ten (10) d+YS in ~dvanc~ of Ih~ eYpi~alion of e~ch policy, lo d~- 1rva a~.d MORiGAGEE ~~enewal therwf, ~opether wi~h a raceipt fw th~ pr~mium o~ ~~ch r~newal; snd ther~ shall b~ no f~r• w windstam inwr~nu p~aced on aoy oi iaid bvildinps, any inte~~st fherein w pa?t ths~~oi, unless in ~h~ fo~m ~nd with ~M loss payable as afw~s~id; ~nd in ~he ev~nt any sum of nwnty becomes payable under such policy w policiss ~a~d MORTGAGEE ~hall haw ths option Io receive and appl~ Ihe same on accouro ol ~M indebted- neu secured hereby p/o pe~mit said MpRTGAGORS lo rctaive and up H o~ any pa~l thereof for oi+~cr pu~Fwses, w~iMut th>nb~ waivi~~g o~ ~mpair- 1np any equiry, lien o~ righ~ under or by virtye of this mortq~9e; ~~d i~ the •venl ta~d MORTGAGORS ihall ta any reason lail to kcsp the taid {uemises w inaurad, w f~i) b delivsr promptly ~ny of said pol~ties of ins~~uKe 1o said MORTGAGEE, w fail promptly fo pay fu(ly any pre~n~um thcrefo~ a in a~y respK? (ail to parfar~t, discharge, execurs, ef(ecf, complete, td»ply with and abids by this covenant, a•ny perl hereof, ~aid MORTGAGEE may place and paY fw such insurance a~ny part thereof without wsiving or afiecting ~ny option. lian, equ~ty, w right under w by virlw of thi~ Mortgage. ~nd the full amoum of each and w~ry such payment shalt be imrnediateiy dut and psyabte and shall bear intereat from the date lhereof until paid at the ra~e o1 nine per centvm per annum artd togethar with such iote~est shalf Ix secu~ed by the li~n oi this matgsge. 1. To permit, eommit or suf(er no waste, impairment w deterioration of taid property w any part thereof. S. To pay all and sin9ular the costs, charges and eapenses, i~clud~ng a ~easonable atta~ey i fee and cos~s of abstracts of title, incuc~ed or paid al any time by said MORTGAG£E, because or i~ the tvent of the faiture oe~ the parf of the said MORTGAGOR to duly, promp~ly and fully pe~form, d~xharge, execute, eifecl, compkte, comply w~th and ab:de by each and every the atipulafw~s, agreements, conditions, and covenanti ol said p~omissory note and this mortgage any w either, and ssid rnsts, charges and expenses, cach and svery, shall ba immcdiately d~e and payable; wherhe~ or not rhe.e be notice da mand, atrempt to colJM or sui? prnding; and the futl amount of cach'snd every such paymeot sha~i bear iNeres~ from ~he date the~eot until paid at the rate of nine per centum prr an,~um; and all said costs, charges and expenses ir?curred w paid, togethe~ w~th such interest, shall be secured by the tien oi thu mottgage. 6. lhst (a) in fhe evmt of _any breach ot th;s Mortgage o~ defa~l~ on the part oi the MORTGAG.7R, a(b) in the event any of said svm~ of mo~ey herein referred to be not promptly and fully paid within thirty (30) days nex~ after the same severa~ly become due and payable, withoul demand w tatice, or (c) in the evem each and every the stiputations, agreements, conditions and covenants o1 sa:d promisw~y note and th~s mortgage any o~ either are oof ~uly, promptly and (ully performed, d~scharged, ezecuted, effected, tompleted, eomplied with and abided by, then i~ either ot any such evenl the said ag gregate sum mentioned in said promisso?y note then ~emaining unpaid, with interesf accrued, and atl moneys secured he~eby, shaN betome due artd pay~ eble forthwith, a thereafrer, af ~he opr~pn of said MORiGAGEE, as fully and completeiy as il all of the said sums of money were origi~ally sriputated ?o be paid on sach day, anything in said p~omissory note or in this Matgage to the contrary nmwithstanding; and Ihereupon w thereafter at the option p{ said MORTGAGEE, witFwut nonce or demand, suit at law or in equity, therefae or the~eafter begun, may be prosecuted as if all moneys secu~ed hereby had matured pnw to ~ts institution_ 7. Tha1 in the event that at the beginn;ng of or st any time pending any suit upon this Mwtgage, or !o fweclox it, w fo refwm it, or fo enforce payment of sny claims he~eunder, said MORiGAGEE shall apply to the Courr havi~g jur~sdre~ion thereof fo~ the appointmen~ of a Receiver, such Cou~t shall Forthwith appoint a receiver of said mortgaged property all and singular, i~tlud~ng all and singular the intome, proids, issues and revenuea from whatever source derived, each and every of which, it being expressly understood, is F.ereby moitgaged as if specificalty se1 forth and described in the g~antirg and habendum clauses hereof, and suth Receiver sFwll have all the broad and effeUive funct:ons and powers in anywise entrusted by s Court to a Receiver, and such appointment shall be made by such Court as an admirted equity and a matter of absolute right to said MORTGAGEE, and withovl reference to the adequacy or inadequacy of the value of the property mwrgaged or to the soivency or insolvency of said MORTGAGOR or the defe~dants, aod that such ren13, proiits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such COUf1. ' 8. To duly, promptly and fully perform, d~scharge, execute, effect, comptete, comply wieh and abide by each and every the stipulations, sgreements, _ conditions and covenants in sa~d p~omissory note and this mortgage set fwth. 9. That in the event the ownership of the .mortgaged premises, w any part thcreof, becomes vested in a person other tha~ the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, w~thout notice to the MORTGAOR, deal with such successw w s~ccessor in interest with reference to this m.o:tgage and the deb~ hereby secur~ in rha same manner as with Mortgaga. without in any way vifiati~g w dixharging the Mongagori IiabiJity here- under or upon the deb~ hereby secu~ed. No s~le of the Fremises here6y mortgaged and no forbearance on the pan of the /~AORiGAGEE w its successors or ass~gns and no extens~on of the r;me for rhe payment of the debr he.eby secured g;ven by ~he MORIGAGEE or its successors or ass~yns, ahal~ operate to release, discharge, modify change or afFecf the original lianility oi the MORIGAGOR herein, either in whole or in part. 10. It is spectf~cally agreed . that time is oi the easence of thia contract an~ ttwt no wa'rver of 'any obl;gation hereunder or of the obligation se- cured hereby shatl at any time therea(ter be hc:d to be a waiver o( the ttrms hereof or of the inatrument secured herby_ l i. In add~tio~ to the forego:~g monthly payments of princ pal and interest requited by the p~omissory npte secured hereby, mortgago~ tovenanis and agrees to pay to mo:tgagee with each momh;y payment an add~rional svm estimated by mortgagee to be equal to lj 12 of the arnual cost of the follqinr- ing: A-All real property tazrs lev~ed or assessed against the above described real estate: B-Pramiwns on fire and windstorm insurar.ce as herein requ~red to_be carried on the improveme~ts s~tuate on !h: above described premises. C-Premiums on such mortgage g~aranty ir.svrar:ce as morrgagee shall from tlme to tiene deem fit to carry on the loan secured hereby. Mortgagee shaii from time to t~me noiify mortgagor in writing of the amount dve and payable hereunder and such sum shatl thereupon be due and payable on the due date of the nex~ month;y paymem and each successive month thereafle~ ur.til mortgagee shall notify mortgagor of a change in such amount. Suth sums sha:f be appiied by mortgagee ioward the payment of real property ta:es, insurance prem:ums, and mortgage guarenty insurance premiums. IN Wl7NE55 WHEREOF, the~sa~d MORTGAGOR has hereunto set his hand and seal the day and year first afwewid. ' ~gned, Seafed and delivered in the presence of: ~ ~lt~ ~ ~ ? . n - - ~ $ ~ Sea~ Dorolh a S S i Qi ~q STATE OF FLORIDA ~ couNn oF St. Lucie • ~ Befwe me personally appeared - ~Y1 SDil9~1 and _ DOYOttlea his wife, to me we(I known and known to me to bs the individuals deuribed in and who executed ~ tFn fwegoing instr~ment, and acknowiedged before me that they executed the same fa the purposef therein expressed_ And the said DOtOt~l02! .S~ ~~~QI u ' w~fe of the sa~d $~rl Li_ Sp; gdlj ~.~`pon a,separafe,and priwro , exami~at~on by me taken separate a~d apart from her sa~d husband, acknowledged to and before me that she exetuted ssi ~i?uf ~~t'f ~cely'end volutr rarily and w'~thouf any compulsion, constraint, apprehens~on, or fear of or from F~er said husband. ' . .'S, WITNESS my hand and offic~al seal this ~te h day of j"~YCb s~ ^ i~„A'a.•~~ q ~ ' _ _ ~ ~ ; ~ Notary Public in and fa fhe ~Eqf ' a !%4p'tp! My Commission expires: ' ~ Retum To: ~ ~ ~ ~ ~ 1 : first Federot Savings 3 Loa~ Association ~ n K~j~Ry. ~LIC~ SiiPfCE Ot.FL0~1UA a1 U+n~,i~ O( Fort P~erce. ~499'74 MY COMf:!~SI I~~~SEPT. 25. 1~15 Fors Pierce, Florida g~~~ ~r ~~~~kecs Insura~ ce , . , . . ~ f j This Insfrument Prepared By J~ H. Rob@Yti~ .I!• ST LUC~E COUNTY FLA. First Federal Savings 8 Loan Association a~cr~ ~~;?RAS i , of Fort Pierce~ Rlorida CLERK C:;.G!11T COURT RECOP.Q YrF.'~ _rp„~~~ Checked By ~ Ma~ ~9 4 ~s~PH' 3 ~ ~ PACc ~ eo~K 212 ~s ~ _ - - _ ~r,}~"'.rs Y _ - v'.,_ .°s;~;:'~'~~ ` . ~ - i:._ . .,o-~ ~ -