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Home My WebLink About0956 To pl~c~ and co~finuously kep on ~M bui!dinps now a he~e~Ite~ utwr~ on said lsnd and on all equipmen~ ~~w! pMwnally cov~red by t~i~ mo~ty~ ap~, w;th ~11 prNnivms tlxreon pa~d in full, fire iniur~nc~ in ~M ~sual s~and+~d poiicy fo~m, in • ~um app~oved by th~ MORtGAGEE, ~~d w~ndi~am ini,xMC~ i~ tM vi~a) tirandard po1~q fwm, t~ a wm app~oved by tM MORTGAGEE, tn such campany w comp~n+ss as Nw MORiGAGEE may ditKfj ~nd all i'u~ and wtndsw.m iniuranu polic'as or? u+y oi said build~np~, ~ny inttr~s~ thtrei~ or put thtt~of, io tM apyrtyat~ tum ~fot~uid o~ in ~xttst thNwf, sMtl contain ~M ~sual s~andard ~a~ya~ claus~ a s~ch o~he~ cl~us~ u th~ AAatya~~s may ~cqv~r~. makinp ~M lou under ta~d po1F ~~as, ~~ch ~nd ~vKy, payable 1o t~id MORTGAGEE ai iH interest m~y ~pp~ar, and eath and ~ve~y such policy ahall b~ promptly ass y~ed and detive~ed to any MW by said MORiGAGEE at furths? seturiry lo uid mon9a~ debt, ~nd, not leu than t~n (101 d+Ys in +dvanc~ of tM eapir~~io~ of e~ch policy, to dr IivN 1p said MpRTGAGEE a rentwal thereof, toyslF?K with a reCeipl (w tM pr~mium of wth re~ew~l; a~d there shatl b~ no fir~ or wirxfftwm insuranc~ p~~pd an any of said buildinp~, ~ny inte~sst tlKrtin or pu1 the~eof, unleu in the fwm ~nd with tM loss psyabie ai afaessid; ~nd in tM a~~nt any sum of mon~y becoma p+yabls unde~ iuch policy w polici~s aid MORTGAGEE ihall haw tM opt~on ro receive artd apply the s~me on account of the indebred~ ness Ncur*d hKeby w q petmit siid N~pRTGAGORS to teceivs and uff it p any pa~1 thereof fw o~her purpoies, w~ihout th±rEb~ waivi~~~ or anpai~- inp any puity, lien ot right ~~der w by virtw of thq morty~ye; a~+d i~ t!» weM taid MORTGAGORS shall fw any reason fail to kosp ~he said p~emiaes so iruvred, o~ fail to deliver promptly any of said polKies of insurante to said MORTGAGEE. or fail promptl~ to pay fully any p~e~ni~m therefw o~ in any respsct fail a psrfam, diechargs, execufs, eifect, complete, comply wilh and abide by this cove~an~, w ~ny pa.t hereof, said MORiGAGEE may place and pay fw tuch insurance a ~ny p~rt thereof witFw~t waivinq or sffectiny aoy option, lien, equity, a right under w by virtue of thi~ Matgage, and the full amoue?t of each and every such payment shall be imrexdiately dw ar+d pay~bk ~nd shall bear interes! from the date Ihereof until paid at the rate of nine per centum per annum and together witA suth interest ihall be secured by the lien of this mortgage. 1. To permit, commit w suifer no waste, impairnxnt or deterior+tion of said property w any paH thereof. S. To pay ~II and tinyular the co~ti, charges and expenses, including a reasonable +itwney's fee and costs of abstract~ of tiUe, incur?ed or paid at any time by said MORTGA6EE, because or in the tvsnt of the failure on Ihe part of the taid MORTGAGOR to duly, promptly snd fully per(wm, d~scharge, ezecute, effM, complete, comply with and ab:de by each snd every the stipulations, agreemenn, conditions, and covenants o( said promissory note and this ma~gags any ot eithcr, and said cosh, charge~ and expenses, each end every, ihall be immediatcly dus and psyable; whe~her a not there be notice d~ ~ mand, sftempw ro colkct or suit pend~ng; a~d rhe full amount of each and every such psyment shall bear interest from the date lhereof until pa~d a~ the 't rate of nine per centum per an~ivm; and all said costs, cha~ges and expenxs incurred w paid, Iogether w~th such intere~t, shsll be secured by the lien of this ~ mortgaye. ~ 6. That (s) in th! svsnt of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any oi sa~d sums of money herein referred to be no1 promptty and fully paid within thi?ty (30) days next after the same severaliy become dutt socl payable, wilhout demand or notite, or (c) in the event each and every the stipulatio~s, ag~eements, ca+dltions and covenants of sa~d p~om~ssory note and th~s mortgage any a either are not iuly, promptly snd fully pe~formed, d~scharged, exccvted, eifected, completed, compl'~ed with and abided by, then in eithcr or any such event ths said ag- gregate sum mentioned in said promisaay note then remaining unpaid, wirh interest acuved, and all moneys secured hereby, shall bemme due and pay- able forthwith, a tFxreafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money wcre originaily stipulated to be paid on such day, anything in sa+d promissory note or in this Mortgage to the contrary notwilhstsnding; and the~eupon or fhereafter st 1he option of said MORiGAGEE, withovt not~ce or demand, suil at law or in equity, therefore or thereafter begun, may be prosecuted as if all maneys secured hereby had matured pna to its institution. 7. That in t1~e event that at the beginning of or at aoy time pendirg any w~t upon this Morfgage, w to torectose ir, or to reform it, or to enfores payment of any daims hercunder, said MORTGAGEf si~s!! apply to the Court having jurisd~ction thereof fw the appo~ntment of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singular the income, profits, iuues and revenues from whatever source derived, each. a~d every of which, i~ baing expressly understood, is hereby morrgaged as ii specilically set fath and described in tF?e g~anting a~d habendum clauses hereof, and such Receiver shalt have all dx broad and 'eifective funcnons and powers in anywise entrusted by a Court to a iteceiver, and such eppointment shali be made by such Court as an admitted equity and a maner of absolute rlght to said MORTGAGEE. and without ieference to the edequsty or inadequacy of the value of the propeaty mortgaged w to the wlvency or insolvency oi said MOR7GAGOR o~ the defendants, and that such rents, profits, incwne, issues and revenues shsll be applied by s~ch Receiver according to the lien or equity of said MORTGAGEE and 1F~e practice of such CouA. _ 8. To duly, promptly and futly pe?fwm, discharge, execufe, effecL complete, comply with and abide by each and every the stipulations, agrcement~, conditans and covenants in said promiuory note and this mortgage set fath. 9. That in the event the ownership of the mortgaged premises, w any part the~eof, becomes vested in a pason otF~er than the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, wilhout notice to the MORTGAOR, dea! wirh such suctessw w succeasor in interest wifh reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiatirg or diuharging the Mortgagori liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged end ~o (orbearance on the part of the MORTGAGEE os its sutcessors or assigns and no extension of the lime for the payment of the debt hereby secured given by the MORTGAGEE o~ its svccessors w auigns, ahall operate to release, dixhsrge, modify change or affect the original liability of the MORTGAGOR herein, eifher in whole « in part. 10. It is specifically agreed that time ia of the essence of this contrad and that no waiver of any obligat~on hereunder or of the obligation sr cured hereby shall at any time thereafier be held lo be a waiver of the terms hereof a of the instrument secured herby. I1. !n additia~ to the forego:ng monthly payments of princ"pal and interest required by the promissory no!e secu~ed hereby, mortgagor covenants and agrees to pay to morlgsgee v~ith each monthly payment an add~rional sum estimated by mortgsgce to be equal to 1/IT of the annual cost of the follow- ing: A-Att reai property taxes levied or assessed agai~st the above described real estate. B-Premiums oo fire and windstorm insurance as here~n requ~red to be carried on the improvements situate o~ the above described premises_ C-Premiums on such mwtgage guaranty ins~rance as mortgagee sha{I trom t~me to time deem fit to carry on the toan secured hereby. Mwtgagee sfiafl from time to time notify mortgagor in writing of the amounf due and payable hereunder and suth sum shall thereupon be due and Fayable on the due date of the next month!y payment and each successive month thereafter ur.til mwtgagee shall notify mongagor of a change in such amount_ Such sums shall be applied by matgagee toward the payment of real property taxes, insurante prem;ums, and morfgage guaranfy inw~ance premiums. IN WITNESS Y1IHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and y first wesaid_ , Sigoed, Sealed snd detiv ed in the presence of: / > Robert K. Van Vorst s~ . tSesp ~Seaq ~ ~Seaq i ' SiATE OF FIORIDA ~ ~ 55. i COUNTY OF $t. Lucie ~ ~ s~ra~ peno~aliy appeared Robert K. Van porst, a single adalt `,r,d i j ~~:.::4, to me well k~own and known to me to be the individuay desuibed in and who executed the foregoing instrument, and acknowledged befwe me that ~he~/ executed the same for the purposes € fherein expressed. ~llwd iFw-s+%d ' ~ ~oc~la.Vf 16e~d +~04 s soV+?ata and ~rivat~ I 4~2'9.^1"1~11~1' bY~!3kg~l iCR~L~aOd ~lfiatl~~.heJ~~d buabaod,~koowlai~d s~ ar+d belo~s ~s ~haL ~e e:swied said. iosuu~eoLtteetic ~od.~rvlv~ sariJp.aodrwil6ousa+W-c,orapr4iw~ towMr~aiwtr~PP~e iow,-~r~f~a?~f-ei~+~w~~riaeilw~b~wdr WtTNESS my hand a~d official seal thi day March A, ~~y73 t ` G _ otary Public in and ior the St of f{or' _~1' lirpe ~ My Commiuioo expires: , "'r~.',- ; : Retum Toe t/~, NOTifRY PUB:f ~ First Fede~al Savings 3 loan AssociaYwn ~'~~~.Af FLORIQ~1 ~~~t MY COYfL!!$E~'EXP1R{s: ' Of Fort P~erce. eondeo ThJu~«~,-~~ ~~S DE~.;~ ']9~ Fort Pierce, Flor~da fILEO AN ,,,~i~~° ~ndeniRkR ; ar. ~ucre couim°R~ - ~ o .'a'. :f - ROCER POITRAf ^ ' € • CIERK CIRCUIT CpURT , ` ~ This Instrument Prepared By JohT1 W. Colli~fs RECORD YER~f~fO ~ C First Federal Savmgs b loan Associahon of Fort Pierce~ Flozfda ~~l ~O 11 ~~~3 Checked By ~rJ~s~s ~ R n 80CK PACE J~ i~ . - - - - - r - - -