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Home My WebLink About1828 . . 3. To pt~n and continuou~ly kHp on th~ bui:diny~ now a htreaft~r ~itua~~ on sa~d lu~d and on all equ~pment ~nd p~rsonally tovtred by Ihit morlq~ ~p~, wi~h ~II pr~mivms ~he~eon p+~d in tull. fi~~ i~sur~nc~ ~n tM uiual iundud pol~cy fam, in • tum ~pp+oved by th~ MORiGAGEE, ~nd w~nds~am infw~nte in tM vswl sa~d~rd pol~q fam. {n • sum +pprov~d by tM MORTGAGEE, tn ~vch comp+ny w compan~~s at 1M lMORTGAGEE may dinclj ~nd aU Fin ~nd windstorm i~uvranu policis~ on My of uid butld~np~, ~ny int~rpt tFN~~in or pan thereof, In tM p~~e9+tt wm ~fwet+id o~ In ~xau IMreo(, ~hall con~ain ~M vswl itandud mor~ya~ claus~ a such otha cla~w ~s thi Maty~9e~ m~y requ~r~, makinp ~M los~ unde~ sa~d poli~ cia. each and ~vKy. paYabl~ w s~id MORiGAGEE ai ~ts intetcs~ m+y ~ppe~r, ~nd each W+d •ve.y ~uch policy ihalt be promp~ly au.qned and delcvered ~o ~ny held by ~aid MORTGAGEE ai fu?ther security ~o said mortpaqa debt. +nd. tW1 Iff~ IMf1 tM (10) daYS i~ advance of tM expi~ation of e+ch polky, to da IivN 1o uid MORiGAGFE ~ r~newal thereof, IopNMr with a reteipt for the p~emium oi ~uch re~ewalt and tF~er~ thall b~ no f~re a winditorm insurant~ pl~t~d on ~~y of said buildinps. any Interest there~n w par~ thereof, unleu in tM iwm ~nd with Ihe lou pay~bM as afa~s~Idj ~nd i~ th~ evenl any ~um of mor?~y beconxs p+y+We under svch policy a polK'ws said MORTGAGEE shsll have tFN op~~a+ to rcceive and apply the sarne on +cca?n~ of the indebted- nefs fecured Mrtby w w pe~mit said MORTGAGORS to reteive ~nd uM it p any parl thereof iw othet purposes, withoul ~h:~eb/ waivi~g w ~mpair- in~ any eqviry, lien w riyht unda a by vi~tue of thi~ mort~aget and in the evem taid MORTGAGORS sha11 for any reason f~il to keep ~he iaid premi~es so fnsu~ed, or iail to deliver promptly ury of said policies of insursnce to said MORTG4GEE, or fail promptly to pay fully any prcmium therefw a in a~y respect (ail b pafam, discharge, execute, effed, comptets, oomply with and abide by this covensnt, a sny part hereof, said MORTGAGEE may p~~ce snd paY for such ir+fu?anc~ w ~ny p~rt thereof without waivinp w~ffac~inp ~ny option. Ikn, eqvity. or rigl~t unde~ w by virtw of this Mwtga~e. ~nd the full amoum of esch u?d ewry such paymem shall be imrnediately dw snd psy+ble ~nd shsll be+~ interest from ths dats thcreof un~il paid a~ the ~a~e oi i nine per centum per annum and together wirh such interes~ shall be secured by the liN+ of this mort9aye. I. To psrmit, cowu~wt o~ wffe~ no waste, impairment a deter'aration of uid property w ~ny p+~t thereof. S. To pay atl ae~d sinpular tM cwn, chupes and expenses, including a ~easonabk attwney i fee and wstt of abstractt of title, i~curred a pa~d at any time by said MORTGAGfE, becavss or in the ~vent of the failvre on 1F?e paA of the wid MORTGAGOR lo duly, promptly and fully perform, d~uharge. executs, etfett, tomplete, comply with and ab:de by each and every the stipulations, agreements, ta+ditiortf, and covenants of said promissory ~ote and thit matgs~e a~y a eithe~, and said costi, charges and expenses, each and every, shall be immediately dve and payable: whe~her w not there be notice do- mand, attempt fo tolkct or suit pending; u~d the full amouM of each and every such payment ahall bea~ interesl from the date thereof until p~id at Ihe rate of nins per centum per aruwm; and all said costi, cha~ges and expenxs inturred or paid, together with such imerest, shall be secured by the lien of thi~ ^wrt4+~- 6. Th~t (a) in the event of any brcach of this Mwtgsge a default on tM part of the MORTGAGOR, o? (b) in the event any o( sa~d sums of money herein refe~red to bs not promptly and fully paid within thirty (30) d~ys next after the same uver~lly becortx due and payable, Without demand or ~+otice. or (c) in the ewnt each snd every the stipulations, ~greemcros, cw+ditions and covenanrs of sa~d promi:sory note and th~s mortgsye any w eithe? are no1 iuly, promptly and iully performed, d~scharged, executed, effected, completed, compl~cd wi~h and abided by, then in e~ther a any such event the said a¢ gregate wm mentioned in taid promissory no~e then remaining unpaid, with iroerest acuucd, and alt moneys secured hereby, shall become due and pay- able forthwith, w thereafter, at the option of said ARORTGAGEE, as fulty and completely a~ if all of the w:d sums of money were org~nally ttipulated to be paid on s~th day, anything in said promisswy note or in this Mwtgage to the contrary notwithstsnding; and thereupon or thereafter a1 tha option of said MORTGAGEE, without notice w demand, suit at law w in equity, therefwe or thereafter begun, may bc prosecuted as if .all moneys secured hereby had mat~red pnw fo its institution. 7. That in the evenf that at the beginning of or at any time peading sny suit upon this Mwlgage, w to foreclose it, ot to ~efwm it, or to enforte payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereaf fw the appo~ntment of a Receiver, such Court shall Forlhwith appoint a ~eceiver of said mortgaged ptoperty all and sirgular, indud~ng all and aingular the intome, p?ofits, issues and revenues from whafever source derived, eath +nd every of which, it being expressly understood, is hereby mwtgaged ai if specifically xt forth and described in the pranting a~d habendum clauses hereof, and such Receiver shal~ have sll Ihe broad and effec~ive fund~ons and powers in anywise entrusted by a Court to a Receiver, and such sppointment shall be made by suth Court as an admitted equity and a matter of absolute ioght fo said MORTGAGEE, and without reference to the edequscy a inadequaq of the value of the property mortgaged or to the :oivency or insolvency o1 said MORTGAGOR oi the defendants, and that such rents, profits, income, issues and reveoues shall be applied by :uch Receiver accord~ng to the lien or eqvity of said MORiGAGEE and the pradice of such Court. 8. To duly, promptly and fully pe~form, discharge, execute, ef(ect, complete, comply with and abide by each and every the itipulations, sgicements, conditioe?s and covenants ~n said promiuory nofe and this mortgage set forth_ 9. Thst in the evenT the ownership of the mortgaged premises, or any part thereof, becomes vested in a person otFier fhan ihe MORTGAGOR, the MORTGAGEE, iri successws and assigns, may, without notice to the MORTGAOR, deat with such successor a successw in interest with reference to thii mo~tgage and the debt heteby secured in the ssme manner as with Mortgagor without in aoy way vitiating w distharging the Mortgagors' liability hera under or upon the debt hereby secured. No sale of the promixs hereby mortgaged and no torbearance or~ the parl of the. MORiGAGEE w its successors or assgns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, ahall operate to release, d~scharge, modify change or affect the orig~nal liab~lity of the MORTGAGOR herein, either in whole or i~ part. 10. It is spedfically agreed that time is of the essence of this contract and thst no wsiver'of any obligation hereunder w of the obligation se- cured htreby shall at any time thereafter be held to be s waiver of the terms hereof a of the instrument secured herby. 11. In addition to the forego:ng monlhly payments of princ'pal and interest required by the promissory nofe setured hereby, mwtgagor covenants and agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimated by mortgagee to be equal to 1% 12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against thc above described real estate. I B-Premiums on fire and windstorm inwrar.ce as herein requ~red to be carried on the imp~ovemeMS situate on the above described premises. i C-Premiums on such mortgage guaranty insurar,ce as mortgagee sha~l from t;me to time deem fit to carry on the loan secured hereby. i Nbrtgagce shall from time to time notify mortgagor in writ~ng o4 the amount due and payable hereunder and such sum shall theroupon be due and ~ payaWe on the due date of the ~ext monthty paymem and each successive month thereafter ~r,til mortgagee shall notify mortgagor of a change in such ~ amount. Such sums sF.a!I be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance ~ premiums. - IN WITNESS WHEREOf, th said MORTGAGOR has hereunto set his F?and and sea) the day and year firsf fwesaid. ~ Sig Sealed and deliv i the prexnce of: / ? _ lbert Center ,q Seaq P Center STATE OF fIORIDA ~ , 55. cour,n oF St . Lucie ~ Befwe me personally appeared Albert J. Center ,,,d ~ P@qQV .1. Center his wife, to me weli known and known to me to be the individ~ab desuibed in and who exec~ted the foregoing instrumenf, and acknowledged before me fhat they execWed the same for the purposes ` thzrein ~xa~. a,a ~r~ said peQgv J. Center _ ~ w~fe of the said Albert .j. Center ~,p«, a separate and privats examination by me taken separate and apaA from her said husband, scknowtedged to and before me that she executed wid instrument freely and volurr rarily and without any compulsion, constraint, appretlensio,pr or fear of w from her said husband. ~q Ll~.. A ril 73 WITNESS my hsnd and official seal this ! day of A. D. 19 , y ~ Notary Pu lic in and for State of F{orida at large My Commission expires: i Return To: fint Fedenl Savingi b loan Association NOTi,RY P~F'_'.C. TF F~:,":DA at ll.P.~E Of Fort P~erce. Fort Pierce. Florida :SY C"'%' V ' 1'! 7, c. ._:~3 ~r ~ . ,..:a(1'6 ~t y`,•.•.11.t1~11;/~~h • h ~ CJ ~ ^ ~~%i This Instrument Pre ared B RiChard K. Ka? e ~Ep ~ID flEN~ v.~~ ~.'f First Federal Savings 8~ Loen Ass ciation y~.L~ICIE C Q~ 1 ' J• V G of Fort Pierce ~ Flotid8 IIOGER r01TRA= ~ _ ; ~ ~ = CLERK CtRCU1T COU11T ` • ` RECORO YfflIF1E0~ ~ a ; ~ ~ : o : Checked By ~ .a ' O d ~ : - R I~AY ~ ~ ~ 3S ~ - ~ = ~ ~ - ~ ; ~ c T', y ~~oK213 ~~E1825 253301 6~• . I~ V I~• I . . . ' ' ~ ' . ,i,_....~.,Z