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Home My WebLink About1130 . . J. To pl~c~ and continuously ketp on t!» bui!din9s now w MreaitN situ+l~ on sa3d land ~nd on all equipm~nt and perwnatiy covtred by this maty~ p~, with ~I! premi~ms theteon pa~d in full, tire insura~c~ in tM usual ~~~~d~rd policy fam, ln •~um ~pprovtd by tM MOR~GAGEE, and windstwm in~w~nc~ in th~ uswl ~~anda~d pol~cy fam, in • tum approvsd by ~M ti110RTG/1GEE, in ~~ch company w con+p+^1~s a~M MORTGAGEE may dinctt and all ('u~ ~nd wlndslorm insuranu policies on any of uid build~nps. ~ny Intenit tha~in w pah thereot, in IM ~~qre9~~~ ~~m a}aes~id or In tac~sf ther~of, shalt contein ~M vswl iundud mwtppN ct+us~ w such otha claus~ u~M Ma~pa9N m~y reqwr~, maAinp tl» loss uade~ ~+~d poli~ ue~, ~ach a~d ~vpy, paya~l~ to said MORTGAGEE ~s ~ts in~erei~ may ~pp~a?, and each u+d ~very ~uch polccy ihall b~ p~ompdY ass.9^~d ~"d d~~~~e~td ~o ~ny heW by wid MORTGAGEE a~ further secu~ity to s~id mo~tpay~ debt, and, not leu ~han tM (10) d~ys in advanct oi th~ expir~tion of each policy, to da I~vM ro aid MORTGAGEE • re.+ewsl ther~of, foqetFwr with a r~ce~pt fa ~he prem+~m oi such ree+~w+l; and thsr~ sMll be no f~re w wi~ds~orm in~urance pl~ced on ~ny oI iaid buildinys. •ny imere~t thsrein a p+rt tF?erwF, un:~u in thi fwm ~nd wi~h tM loa p~yabl~ ai ata~said: and i~ tF~e evenf s~y sum of mon~y becomet payable undtr such policy a pol~cies Nid MORTGAGEE shall haw tF» optio~ ro ~eceive and apply ths sams on accounl of the indebt~d- ness secu~ed h~reby or ro pe~mit said MORTGAGORS to receive ~nd uf~ H Or any pa~l thereof fp othet purposes, wi~hout ~h:reu/ wai~in~ or unpai~- iny any eqv~ty, lie~ a right unde~ or by virtw of this mort9ase; w~d i~ tM event atd MORTGAGORS shall iw sny resiw? fail to keep ~he i+id p~emisrs w iniured, a(~il to delive? promptly ~ny of said policies of insuru?ce to N~d MORTGAGEE, w fail promptly to pay fully +~y premium therefor w in a~y respect fail ro pe~`wm. discAuge, ~xecuts, ef(ect, compl~te, comply with snd ~bid~ by this covenant, w any part hc~wf, said MORTGAGEE may place arxl paY fw iuch insurance or •ny pan thereof wi~hou~ waivinp o~ atfedirg ~ny option, lian. pvity. w right unda a by virtue of thii Mwtga9e. •nd ~he full amounl of each and every such payment ihall be immediately due and payable ~nd ihali bear iMerest f~om tha dat~ thereof un~i) paid s1 the rate ol nine per centum per annum and toge~her with tuch interest shall be secured by the lien of this morty~ge. 1. To permit, tommit or suffa ino wasts, impairrtKnt or deterioration of taid prope?ty w sny pa?t thereof. 5. To pay al~ and tingula~ the costa, charges ~nd expenses, inctuding a reasonabk attwney's fee and costt oF abstrscts of tiHe, inc~rred a paid st any ?ime by said MORTGAGfE, becavse w in the event of the failure on the part of the ssid MORTGAGOR to duly, promptly and fully perform, diuharge, ~ execute, eftect, complete, comply with and ab~de by each and every the stipulations, agreements, conditiau, ar~ covenants of said promissory note and ~his mor~gaps any a ei~he~, a~d sa~d costs, cMrges and expenxt, each and every, shall b~ immediately due and payable; whether w not thero be notice d~ mand, attempt to collect or suit pcnding; u~d tMe fvll amount of each and every tuch paymem shall beer interes~ from the date thereof until paid at 1he rate of nine per centum per arnium; and all said costs, charges and expenses inturred or paid, together with such interest, thall be secured by the lien of this morfgage. Q TMt (a) in the event of any breach af this Mortgage a deisult on the part of the MORTGAGOR, w(b) in the svent any of sa~d sums of money ; he+ein referred to be not prompNy and fully paid wuhin thirty (30) days next after the same severally become due and payabk, without demand or notice, ~ or (c) in the event each and every the stiputations, agreements, conditions and covenants o1 sa;d promiuory rate and th~s mortgape any a eithe~ are nol ~ iuly, pranpNy and fu11y performed, d~scharged, executed, effected, compkted, complied with and abided `sy, then in either or any such evem the said sg { gregate tum mtntioned in said promiuoty note then remaining unpaid, with iNerest atcrued, and all moneys xcured hereby, ahall become due and pay~ ! abfe fwthwith, or thereafter, at the option of said MORiGAGEE, as fu~ly and completely as il all of the said sums of money were aiginally stipulated f to be pa;d on such day, anything in said p~omi:sory note or in this Mortgage to ~he connary notwithstanding; a~d therevpon w thereafter a~ the option of said MORTGAGEE, without notice o~ demand, suit at law or in equity, therefore or thereaffer begun, may be prosecuted as if all moneys secured hereby had matured pnor to its institution. 7. That in the event that at the beginning of or at any time pending any suit upo~ this Mortgsge, a ro fweclose it, w to reform it, w fo enforce payrrKnt of any claims he~eunder, wid MORTGAGEE shall apply to the Cour~ having 'ryrisdrction thereof fw the appointmenf of a Receiver, wch Court shail Eorfhwith appoint a receive~ of wid mortgaged propeAy all and singular, inctud~ng all and singular the income, profin, iuues and revenves irom whatever source derived, each and every of which, it being expressly understood, is hcreby mortgaged as if spetifiwily set forth and destribed in the granting and habendum clauses hereof, a~d such Receiver shall have all ~he broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointment sha~l be made by such Cou?t as an admitted equity and a matter of absolute right to said AAORTGAGEE, and without reference to the adequacy or inadequacy oi the value of the property mortgaged or to the soivency or insolvency o( sa~d MORTGAGOR w the defendants, and rhat such renrs, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, cond~tans and covenanes ~n said promissory note and thts mortgage se~ fwth. 9. That in the event the ownership of the mwtgaged premises, or any part thereof, becomes vested in a pcrson other than the MORTGAGOR, the MORTGAGEE, its successors and sssiqns, may, without notice to Ihe MORTGAOR, deal with such ssxcessor or successor in interest with reference to this rro~tgage and the debt hereby setured in the same ma~~er as with Mortgagw without in any way vifiating a d~schargirg the Matgagors' liability herr under or upon the debt 1~e~eby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its suctessws w auigns, shall operate ~ to release, dixharge, modify change or affecf the original liability of the MORTGAGOR he~ein, either in whole or in part. 10_ It is spec~ficatly agreed that time is of the essence of this contract and that ~o waiver oi any obligation hereunder or of the obligation sr cured hereby shall at any time ~hereafter be held to be s waiver of the terms hereof w of the instrument secured herby. 11. In add~tion to the forego'~g monthly payments of prin~ pn) and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay tb mortgagee with each monthiy payrnent an addirionat sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~~g: A-All real property taxes levied or assessed against the above described real estate_ B-Premiums on fire a~d wi~dstwm insurar.ce as here~n ?equ~red to be car.ied on the ~mprovements situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from ume to time deem fit to carry on the loan secured hereby. Mortgagee sfiall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ; Fayable on the due date of the next month!y payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such ~ aR~ovnt. $uch sums shaIl be applied by mwtgagee toward +he payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiumi. ~ i ~ IN Y~ITNESS WHERE ti~e s MORTGAGOR has he?eunto set his hand and seal the day and yesr first afaesaid. j ! ' ned Se deli ed in he presence of: / ~ , e). I (Sea4 ~ ~ ~ len J B a ~,n ~ E aq ~ ~ lores B. Black ~~,i~ ~ STATE OF FLORIOA 1 ' couNrY oF St. Lucie Befwe me personaily appeared Glen .1 • Black ,nd Delores g. B18C1( his wife, to me well keawn and known to me to be the individuals desuibed in and who executed the foregang instrument, and acknowledged beiwe me that they executed the wme fw the purposes - rherein expressed. And the said ~IOZes Blaek ::r~ri~ w~fe of the ~~d Glen .I _ B1aC1[ vP~Q~ ~sipa~ald'and private ~ examinat~on by me ta4en separate and apart from her said husband, atlcnowledged to snd before me that she executed said_ipst}urrpr~t.f(gel~l!~tJ voluo- ran!y and w~thout any computsion, constraint, apprehension/~w1 ff~ ar of or ~rom her said husband. ~ ~ • , _ ~ 3 WITNESS my hand and official seal this ~`1 U L day of rll - A. O. ~9~~ r ~ • S • _ ~ " Notary Publit in end fa tht Stjtr,a~f ida at lat8e~ ~ • My Commission expires: ~ ~ : „ ~ ~ : - ~ Return To: ~ ~ fint Federal Savings 3 loan Association N~T~ P~~?~~ ~~oA~~~S ~ Of Fo.t P~erce. MY COtAM1SS10N P~' •J•.••. ~ ~ ~ gonded ~ Ametican' ~ Fort Pierce, Fbrida ' ' ~ ~ FI~ED ANO NE40RDEp This Instrument P~epared By J. H. Roberts~Jr. ST.LUCIE C6UNTY FLA. First Federal Savings 8~ Loan Association ROCER POITRAS ( ~ of Fort Pierce Flori da CLERR Clk~UIT COURT ~ ' RECOtW YEkIF1~Q Checked By ~ ~ ~ 2~ S~ ~'13 sooK213 ~E1~29 zszsoz ~ riz - _ _ ~ ~ A - _ - - - - - - - - - - -