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Home My WebLink About1824 To pl~c~ and coniinuously ke~p on ~M bui!dinpi now a F~r~af~~r wfu+l~ on ~aid land and on ~11 eqvipm~nt u+d pNSOn~lly cov~rad by ~hif mor~y~ ~ +p~, with all prtmiurt?f thereon pa~d in tu~l, lir~ iniu~anc~ io tM usual ~undard policy form, i~ ~ suM approv~d by ~M MOR~GAGEE, •nd windstorm intww+c~ in th~ u~wl ~tandard pol~cy fam. in ~ ~um ~pprowd by tM MORTGAGEE, in wcA company a compania ~s ~h~ MORTGAGEE may d'u~ds u~d ~II tM~ and w~nd~~orm iequr~nc~ policie~ on any ot s~id buildinps, ~ny (nt~~~~t tMrein w part 1Mr~of, in tM pyrey~r~ ~um afa~taid o~ In ~xce~s lherwf, tMll conain th~ v~wl st~ndud mor~9a~N clavs~ w iuch o~ha clavw as tM Matpa~N may requu~, makiop tM Iw~ unda sa~d po14 cies. ~ach and ~verY. paYabt~ to uid MORiGAGEE as its in~e~e~t may appear, and each and ev~~y ~uch policy ahall t» pranptly as~.yned and d~livered ~o any Mld by aid MORTGAGEE ~s (unhe~ tecu~ity to said mortya~ debt, and, ~ot I~ss ~M~ t~n (10I d~ys In +dv~nce of tM ~~piration of e~ch policy, 1o da liw~ to s~id /NORTGAGEE a renewal therwf, topetAN with a rac~ipt fw 1he pnmium of suth rtnew+l: and then sh~ll b~ ro fir~ or winds~orm in~urance pl~ced a+ ~~y of uid buildirps. any interett therein a pa~t tMreof, unleu in tM form ~nd ~with tFk lost p~y~bM ~s ~taes~ids and in ~M even~ any ium of mon~y becar»s payable undt? such policy w policiei taid 1NORTGAGEE ihall Mw ~hs option to receiw a~d apply ths same o~ +ccoun~ of tM indebted~ neu ~ecured ht~aDy Or b permit faid MORTGAGORS 10 reteive and uM it w any parl thereof ia othcr purposes, ~vithout th~reb/ waiving a uupa~i• inp any equity, li~e? a righ~ u~der w by v'utw of this r.wrsps~s; and in tM ~vtnt said MORTGAGORS shall fw any reasa? f~ll to keep the iaid premises so insurod, a fai) b dalive~ promptly ~nY of said polities ot insuru~c~ to uid MORTGAGEE, w fail promptly to pay fully any premium therefa o? in any reiped lail to pafam, distF?arge, ~zecute, aff~d, comptate, comply with u~d abid~ by this oovenaM, a+ny part he~eof, wid MORTGAGEE m~y place ~r+d peY fw such inwrancs a~~y part thereof without w~ivinp or ~ffecting any option, lien. equity, w right under w by virtw of thii Mwtyspe. and the full arnwint of each and ewry tuch payment ihall be immediately dw ar?d p~yabk ~nd sMll bear interest from the date thertof un~il paid at the rate oi ; nine per tentum per annum and to~ether with such intcrett shall be secured by tM lier? of fhis mortqsg~. ~ 1. To permit, commit or wfie? no waite, impairmcM w deteriwalion of said property or ~ny p~n thereof. i 5. To pay all and sirgular the costs, charges +nd expenses, including a reasonable ~ttwney'~ fee and cosn of abstracts of titls, incurred o~ paid st ; a~y time by said MORTGAGfE, because a in the event of the failure on Ihe pa~t of the said MORTGAGOR to duly, promptly and fully ;xrfam, dixha~ge, j executs, effed, oomplete, comply with and ab;de by each snd every the stipufatior+s, agreemeMS, conditions, and covenann of said promisw~y note and this mongage ~ny w eithe~, and said costs. charges and expenses, each and every. sMll bs immediately d~e and paysble: whether or not there be notke d~ mand, attempt to tollett a suit pending; u~d the fu8 amount of eath and every svch paymeM shall be~. interett from the date thereof until p~id at the rate of nina per centum per annum; and all said costs, charges and expenses inturred or paid, together with such interest, ihall be setured by the lien of thii morty~ys. 6. That (a) in the ever+t of any breach of this Mortga9e a default on the part of the MORTGA('iOR, w(b) in the event any of sa~d sums of ma+ey ` herein refe?red to te not promptly and fully paid within thirty (30) days next after the same sever~lly become dve and payabte, without demaod or notice. or (cJ in the event each a~d every the stipulations, sgreement~, conditions and cove~ants of sa~d promiswry note and th~s mortgage any or either are nol iuly, promptly and fully performed, d~scharged, executed, effected, completed, complied with and ~bided by, then in either or any suth event the said a¢ gregate sum mentioned in•said promiuory note then remaining unpaid, with interest sccrued, and all moneys secured hereby, shall become due and pay- able futhwith, w tFxreafter, at the opt~on of said MORTGAGEE, as f~lly and completely a~ if all of the said sums of money were o~g~~+lly stipulated ro be paid on such day, anything i~ said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said_ MORTGAGEE, without notice w demand, suit at law or in equity, therefwe or the?eafter begun, may be prosecuted ss if all mo~eys secured hereby had matured pr~or to its institution. 7. Thal in the event that at the beginning of or at any time pending any suit upon this Nbrtgage, w to fweclose it, w to reiorm it, or to enforce paymcnt of any claims he?eunder, said MORTGAGEE shall apply to the Courl having ju~isdiction thereof fot the appointment of s Receiver, such Court shall t Forthwith sppoint a receiver of uid mortgsged property all and singular, irxludmg atl .and singulx the income, profits, issues and revenues (rom whatever ~ source derived, each and every of whKh, it being expressly unde+:tood, is F+ereby mor~gaged as if specifically xt forth and dewibed in the g~anti~g and habcndum clauses hereof, and such Receiver shall have all the broad and effective functwns and powers in anywise entrustad by a Court to a Receiver, and I :~ch appointment shall be made by such Court as an admitted equity and a matter of abwlute right to said MORTGAGEE, snd without reference to the ~ adequscy o? inadequacy of the val~e of the property mortga9ed or to the soivency w insotvency of said MORiGAGOR a the defendants, and that such rents, profits, intorr?e, issues and revenues shall be applied by such Retaiver atcwding to the lien or equiry of said MORTGAGEE and the practite of suth Courf. ~ 8. To d~ly, promptly and fully perfwm, diuharge, execute, effect, mmplete, comply with and abide by each and every the stipulations, agreements, ; condit'wns and covenants in uid promissory note and th~s mortgage set fwth. 9. That in the event the owrxrship of the mortgaged premises, or any part thereof, becomes vested in s person othcr than the MORTGAGOR, tM ; MORTGAGEE, its successors and assigns, may, wi~hout notice to the MORTGAOR, deal with such successw o~ successor in interesf with reference to this mor~gage and the debl hereby secured in the same manner as with AM1ortgagor without in any way vitiating or diuharging the Mortgagors' liability herr ~ unde~ w upon the debt hereby sewred. No sale of the premixs hereby mortgaged and no forbearante on the pan of the MORTGAGEE w its sutcessors E o~ assigrn and no extension of the time for the payment oi the debt hereby secured given by the MORTGAGEE or its successors or auigns, shall operate i to release, dixhsr9e, nwelify change o~ affect the wig~nal liability of the MORTGAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation herevnder or of the obligaYan sr ; cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. j 11. In add~tion w the fwego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagw cove~snts and agrees to pay to mortgagee vvith each momhly payrnent an addirional sum estimated by mongagee to be equal to 1/12 of the annual cost of the follow- ing: . A-All real property taxes levied a assessed agai~st the above described real estate. 8-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements zituate on the above described premises. ~ C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. ~i Mortgagee shall irom time to tfine notify mortgagor ~n wriNng of the amount due and payable hereund and such wm shaU thereupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter urtil mortga II notify mortgagor of a change in such amount_ $uch sums shail be applied by mortgagee toward the payment of real property taxes, insurant pr :ums, and gage guaranty insurance ~ premiums. j IN WITNESS WNEREOF, the said MORTGAGOR has hereunto xt his hand and seal the da a first afw d. ~ Y ^di~ Y~ : Sgned, Sealed and ' ered i the prese of: ` aQ ~ r Ba rd i an f aq ` Po1Ty`A. Baird ,~a~~ i STATE OF FLORIDA ~ COUNTY OF St. Lucie } ~ ~ Before me personally appeared Roger Baird , a~ ~ Polly A• B~ird his wife, to me well known and known to me to be the individuals desuibed in and wfa executed the fwegang instrument, and acknowledged before me that they executed the sama ioc the purposes Poll A. Baird ~ ~ therein e:pressed. And the sai _ w~fe of the said EZO @Z Ba~ld t~~p y~ rwl:_p~vvate ~ examinaYwn by me taken separate and apart from her said husband, ackrawledged to and before me that tt~e executed sei 'li~tf ~nd ~6fOn- rarily and witFrout any compulsan, constraint, appre nsi f~ w fear of w f F~er said hvsband. , ;~~a, f: { WITNESS my hand and officisl seal thi day of A Z i1 , 14 D~ -1~~~ ,y _ ` . _ Nolary Public in f t ife ~`F Lar M Commissan ex r ~ ~y ~ = Y W CJ ~ LJ o(~ r Return To: ~ ~ ~ ~ First Federsl Savings b Loan Associatioo ~ 4,.'Of~, Of Fort Pierce. Sr~`(L t • ~ Fort Pierce, Florida ~~~~~~~II„I „ ~ ~ LEO ANO ItECOR E0 ~ ~~.IUCIE COUNTY ~LA. ~ This Instrument Prepared By J.H. Roberts,Jr. ROGE~ POITR~S ~ First Federal Savings ~ Loan Association CLERK Ct:~CU11 COURT , of Fort Piercq Florida RECORO vEF.tF~EO ~ Checked By ~ Mrur I li 34 ~N'T3 ~ ~ ~c,oK 213 PaCE1821 253299 ; _ _ - - - - _ - F