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Home My WebLink About0156 To plac~ ~nd conti~uousiy ke~p on IM buitdinps now w lanaft~r ~twq on saW land ~nd on alt equipn~nt ~nd penonally cow~~d by this nwrp~ •p~, wi~A ~II p~miwm tl+~rwn p~~d in f~ll, f~r~ ins~r~nc~ ie tM ~sual ~~udard policy tam, tn • sum ~pp~owd by tM MQRiGAGEE. ~nd winds~wm Muw+na In tM ~nwl ~e~ndud ~ol~cy form, M~ aum ~pprowd by tM MORTGAGEE, In wch company a companiq q th~ MORTGAGFE may dinctj and a!! ik~ and wind~to.m L~swanq polici~s on any ol f~kl I~YfWinOf, My inqr~st thH~in O~ pi~l thflWf, M? tF» app~~ya~~ aw++ afo~na~d a in ~xc~u tAenof, shall coeaain tM ~wal sundud mor~9apN claus~ a~uch othK cl~us~ a tM Matqa~ may ?puu~. makt~+p ~M tass unda s~~d poli~ cip, ~acl~ aed ~very. payabl~ ro aid MORTGAGEE ~s in inre.e~t reNy app~rr, and each u~d ~w.y ~vch policy shall b~ p~omptly ~ss:pned and d~tivered ~o ~ny Mld by said MORTGAGEE as f~~thN security to said mortpa~ debt, ~nd, not I~s~ ~Mn te~ (lp) days i~ advax~ of th~ ~xpir~tion of each policy, to da IivN ro uid MORTGAGEE • rMtwal thOrWf, toptlMr wirh a tK~ipt for_ th~ pnm;wn oi s~ch rfMwai; a~d rher~ sAall bt ap fi.s o+ winds+am insurante p1x~d on any ot s~id buildirgs. ~ny inurqt tMr~in p put IM~~of. unlts~ in th~ form ~nd wi~h ~M Iws piy+bl~ u~f«~said: u~d i~ IM ~v~e?1 any sum of mp»y becomes payable undK wch polky or policies uid MORTGAGEE ~1+a11 Mw the option to nceivs ~nd apply ths sarn~ on account of tlie indabred~ Mss ~ltured lwreby O? f0 pOrmit faid MORTGAGORS to rKeiw and us~ h p any part thereof iw other purposet, wi~hout ihrreb/ waivi~ig o~ ~inpair- 1np any pu~ty, lien a righ~ u~da or by vinw of this mortpa~es ~+d M? tM ~v~m ~id MORTGAGORS shall fa any r~awn (ail to keep ths said p.~misas so Inwred. or (+fl to deliver promp~ty sny of said policias of ir?tur~ce to said MORTGAGEf, a fail prompNy to pay fully any premium thorefor w in any r~sp~ct fail. b pa(pm, diuMrgt, ~xetut~, eff~ct, tamplete, comply wi~h and ~bid~ by this cov~nant, a ~ny part har~of, uid MORTGAGEE may pl~ce a~d p+Y fw ~uch inwranc~ or ~e+y part thtreof withouf waivinp q~ffectinq ~ny option, li~n, puity, or right under or by virtw of this Mortqa~e, and the full amovnr of eacA snd tvtry t~th paymtr~f shall be 'urw~ediately dw and pay+bl~ and tMil bear interes~ from tM dat~ thereof ~ntil paid at the rats of nir» psr centum pe~ annum and togethe~ wi~h such ime~est :h~ll be setured by tM li~n of tAis mortgsge. 4. To permit, commit w suffar no wut~, impairment pr deteriwation of said property or any paA thereof. 5. To pay all and sinpulu tM cwb, charges u~d sxpenscs, includirg a reasonable attorney's fee and cost~ o/ absrrxts of tiNs, incur.ed o~ paid at any time by said MpRIGAG£E, bacause a in the event of 1he failura on the psh of the siid MORTGAGOR to duly, prompNy and f~lly periwm, diuharqe, exearte, efiect, complete, compty w~th snd abide by each and every the stip~lations, agreements, tonditiau, ae~d covensnn of said promissory note and thii matqape any or athe~. and said cosn, chupe~ and expenses. each e~c! ~very, ahall be invnediately due and payaWe: whethe~ a not there be notice de~ m~nd, attempt to collect or suit pending; and tM full unount of each and every wch paymcm ~h~ll baar interost f~om the date thereof until paid ~t the rate of nine per centum per annum; and aU said costs, chargei and expensei incurred or paid, togather with such interest, shaN be ucwed by the lien of thi~ mwtpaQ~, 6. That (a) in ihe eveM of any breach of this Mortgage o~ defwlt.on the part of the MORTGAGOR, o? (b) in the event any of s~id svms of money herein referred to bs not p~omptly and fully paid wi~hin thirty (30) d~ys next after the~ tame seve?ally become dve and payabte, without demand a naice, or in the event each and eveay the st;pula~ions, agrc~ements, condiYwns and covenants of sa~d promiuory note and th~s mortgage any or eitl?cr are nol iuly, prompHy and fully performed, discharged, executad, effccted, completed, complied with and abided by, then in either or any such event the taid ag greg~te wm mentiw~ed In said promiuwy note then remai~ing unpaid, with interest acuued, and all moneys secured htreby, shall become dw and pay- able forthwith, or thereafter, at the option of sa7d MORTGAGEE, as fully and completcly as ii all of ~he said sums of money were aginally st~puta~ed to be paid oo such day, anythirg in said p~omis~ory note or in this Mortgage ro the coninry notwithstanding; s~d there~pon w fhereafter at the opuoo of said JNORTGAGEE, withouf notice a demand, wit at law or in equity, therefore or tFKreafte? begun, may be prosecuted ss if all mo~eyt secured hereby had matured prior to its institution. 7. That in the evant that at the begi~ning of or at any time pending any wit vpo~ this Mwtgsge, w to foreclose it, or 1o reform ir, or ro enfwce paymenr of any claims herevnder, ssid MpRTGAGEE shalt apply to 1F~e Court having jwisdtciron thereof fw Ihe appointmcM of a Receiver, tuch Courf shall forthwith ~ppoint s receive~ of said mwtysged property sll and singular, inclvd~ng all and singular the income, profits, iuues and revenues from whateve~ source derived, each end every of which, it being expreuty understood, is hereby mortgaged a~ ii spec"eficaUy set fath snd.dewibed in the granlir?g and hatxndvm clauses hereof, snd wch Receiver shall Mve sll the broad snd effective funct~ons ar~d powers in anywise entrusted by s Court to a Receiver, and such sppointment shall be m~de by such Court as .an admitled equity and a matter of abwtute righ~ to said MQRiGAGEE, and withovt reference to the adequacy a inadequxy of ths value of tFrc property rtwrtg~ged w to the solvency or insolvency of said MORTGAGOR a the defendants, and that such rents, profits, income, issues and revenws shall bs applied by svth Receiver accwding to the lien w equity of said MORTGAGEE and the p?adice of such CouA. 8. to dvly, promptly and fully pNfwm, firschargs, execute, effecl, complete, comply with and abide by each and every the stipulations, agrcements, conditions and covenants in said promiuory note and this mortgsge set fath_ 9• That in the eveM the ow~ership of the mortgaged premises, a any part thereof, becomcs vested in s perwn other thsn the MORTGAGOR, the AAORTGAGff, its successws snd auigns, may, wirhout ~otice to the MORIGAOR, deal with such succeuor d successor in interest with reterence to thia mortgage and the debt hereby setured in the same manner as with Mortgagw without in sny way vitiating or discharging the Mortgsgors' liability hertr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no torbearance on the part of the MORTGAGEE w its successas or assigns and no extension of the time ior the payment of the debt hereby securcd given by the MORTGAGEE w its successors or auigns, afiall operate ro release, dixhargt, motlify change or affect the original liability of the MORTGAGOR herein, either i~ whole w ie part. 10. It is specifically agreed thaf time is of the essence of this contracf and that no waiver of any obligstion hereunder or oi the obligation sa cured he~eby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby. I1_ In addition to the faego:~g monthly payments of princ'pal and interest required by the p~omissory ~ote set~red hereby, mortgagor tovenants a~d agrees ro pa~ ro ~.w:tgagee with cach monthty payment ar? add~riooal som est~mated by mor~gsgee to be equal to 1 j 12 of the annual cost of the fo(low- ~ng: A-AI( ~ea! property taxes kvied or assessed against the above dexribed real estate_ B--Premiums on fire and windstorm i~su?anct as herein requ~red to be tarried on the improvements situate on the above described premises, C-Premiums on such mortgage guaranty insurance as mwtgagee shall from teme to time deem fi1 to carry on the bar. secured hereby. Mortgagee shail from time to time notify mortgagor in writing of tf~e amount due aod payable herevnder and such sum shal. the?eupon be due and payable on the due date of the next monthly payment and each successive monlh thereafler until mortgagee shall notify mortgagor of a cFwnge in such amount_ $uch sums shatl be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mwtgage gvaranfy iruurance pre ' IN W E55 WHEREOF t said MO TGA R has he?eunto set his hand and seal the day and esr ' st aforesai - i\ ' ned, Sealed ~ver e of: - n - - t~~ n . ~s ~ . - STATE OF FLORIDA ` ~ ~f~ O coun,n oF _ St . Lucie ~ .~'t ~ ~ , ~ ~ f~ ~1 . -.>1 4 • - Before me personally appeared homa D. reenwa . ~s ~ $~1611a D. Green~ray his wife, to me well known and known~ls'rik,t0'be ' the ind;vidwb desuibed in and who executed the twegoing i~strument, and a~krqM,ledged before me that they executed the same for th~j'{~uiposes ~ ~n~«m ~x~.~a. A.~a rrk Sheila D. Greenr~rav wife of tbe said Thomas D. Greenwav, Jr. vpon s sepsrate and private examinatio~ by me taken separate and apart from her said fiusband, adcnovvkdged to and befwe rt?e that she executed said instrument freely and vOlun- tarily and withovt any compulsion, consfraint, apprehensj~y~~eu of or fram her said husband. w+rr~ESS mY ?,a,~d and officia! seal th~~ ~ 6 day of March A. D. 19 73 Notary Public in and or the ate of Fbrida at larye My Commiuion expires: Return To: First Federsl Savings 6 Loan Association ' ~ ~ : y ~ : ' ~ ~ ' ~ r. ~ • ^ . r ?r s - • ' LA. s , Of Fort P~erce_ ~ .1Y C~::; ~ ~ 7~ 1971. fon Pierce, f~aida -~~=Q iij ~y'FiCil~~p („i;,~;~ ~ This tnstrument Prepared By Ron~?ld L. Stut2 ST LUCtE COllNTY FLA. ~ First Federai Savings 8 Loan Association pOG:F ~O~TRAS of Fort Pierce Floridl CtEF;K Ci~.~:U?T COURT f qcr(?a^ Y=R "lE~J Checked By ~ 4 i6 PH'T3 249981 BOOK~~~ PAGE ~,56 ~ _ - :m~< =