The URL can be used to link to this page

Home My WebLink About2785 3. To pl~c+ ~~+d conti~vously k~ep on tM buitdinqs now or h~~eafta si~wt~ on said t~nd ~nd on all equipment ~nd pa~oe?all~ cova~d by ~his mor~q- apt with all prtmiums therwn pa~d in full, fire inswance in tM ~~val i~~nd~rd policy fam, in a~um ~pprov~d by th~ MORTGAGEE, +~d windttam insw~nq In tM wwl s?anda.d po1Ky fwm, in • sum +pprov~d by ~M MORTGAGEE; tn tuch compaoy or compani~s as th~ MORTGAGEE may d'u~cfr and ~N fir~ and w~ndsrw~n inswanu policis~ o~ u?y of sa~d bvild~nps. any iMtr~~t thet~in w pa~t iMr~of, in tM p9rcps~~ wm ~la~said w In ucc~a ~hereoi, sMll con~ain ~M uswl aandard mor~9a~ clauk w suth otlw~ tlaw~ p IM MptpaqN m~y rpvin. m+Ainp rl» !ou unda a~d poli- ciei. ~ach ~nd ~vsry. p~YaW~ ro iaid MOR~GAGEE a~ it~ iniciesl may ipp~ar. ~nd ~acA u~d avery such policy ~MII b~ promptly ~ss:pned ar+d dtlive.ed ~o ~ny Mld by iaid MORTGAGEE ~s furthe~ seturiry to said ma~p~ debt, ai+d, not I~ss th~n t~e? (10) days i~ ~dvancs of tM ~xpiraYwn of ~sch policy, to de- fivN to wid MORTG/1GEE a ~enewal thaeof, topether wilh a recsipt fw the p~emium o~ ~uch ren~walj and tM~~ aMll bt no fire or wind~twm iruuranc~ pl~ced on N+y of said buildinQs, any intera~ ther~in o~ pul thereof, unku in tM fo~m ~nd with tM lois pay~bl~ +s afw~saidj ~nd in ti» wenl any wm of mor~y becomes payabl~ und~. such policy a policiss ~sid MORTGAGEE sF~all haw the option to receiw and ~pply the sams on xcouM of !he indebted~ neu s~cur~d h~ttby or ro pe.mit saicl MQ~RiGAGORS to receiv~ and us~ it q any pal thereof for other purposci, withoul th:reb/ waiving or anpair- iny any puiry, lien or ri~h~ u~der a by v'utw of ~his mort~age; ~nd in ~M ~vent u~d MORTGAGORS shall fa any rsaion i~il to keep the ia~d premiies sa in~ured, a f~il 1o deliver promptly any of said policies oi insura~ce ro said MORTGAGEE, a fail p?omptly to psy futly any premium the~sfw a in any respect fail b pNfam, dixMrge, ~xecute, effecl, complete, comply wirh and ~bid~ by thw cove~+ant, p sny part hereoi, ~aid MORTGAGEE m+y p~ace and paY for tuch iMVr~nce w~ny pa~t thereof without waivinp w affactinp ~ny option, ti~n. equity. or right under or by virtw of this Mo+tQape, a~d the full ~mounf of each a~d every ~uch psymeM shalt be imrncdiately dw and payabk and sl?~II bea~ interest trom ths date theraoi u~tii paid at ths ratt ol ni~s per cent~m per annum and together with suCh interest shall be iecured by ths lien of this mott9ps. 1. To permit, commit ot wf(er no wasle, impairment or deteriwation of said property w any psrt thereof. 5. To pay all a~d tinpular ths costs, charges and expenses, includinp a reasa?abte attorney i fee a~d co~h of absnarn of title, incurred w paid at eny time by wid MORTGAGfE, because ot in the event of the failure on ths part of ~hs said MORTGAGOR to duly, promptly ~nd fully pe~iwm, diuharge. execute, effM, complet~, comply with snd abide by each snd every the stipulationa, agreeme~ti, conditiona, ~nd mvenants o1 said promisswy note and this mortga9e aMr a either, a~d said cosrs, charges and ezperues, each and every, sMll bt immediately dve a~d payabk: whether p ~ot there be no~ice da msnd, attempt fo collect or iult pending; and the full amovM of each and wery wch psyment ~hsll. bea. interesl from Ihe dste thereof umil paid af the ra~e of nine per centum per an~~um; a~d all said costs, chargm and expenses incurrad or paid, to8ether with such inlerest, sh~ll b~ secured by the lien of thu n+wtpag~. 6. Thst in tM ~vsnt of any breach of this 1Nortgage a default on 1M part of the MORTGAGOR, a(b) in the ~vent ~ny of said sums of money herein referred to be not promptly and f~lly paid within tAirty (30) days nex~ after the same severalty becoms due and payabla, without demand w notice, or in tM ewnt each and svery tF?e stipula~ions, agreements, conditions and cove~wnts of safd promisswy npte and th~s mortpaye any or either are not iuly, prompNy and fvlly perfamed, d~xhuged, executed, cffMed, comp{eted, coniplied with and abidcd by, then in eithor w ~ny such event the wid ag gregate wm mentioned in said p~omissory note tF~en remaining vnpaid, with ;nterost scuued, and all moneys sacured hareby, shall become dve and psy- able forthwith, a thereafter, at the option of said MORTCaAGEE, ~s fully snd compktely as if all of ~he said wms of money were aipinally stip~rtated to bs paid on such day, anything in said prom~sswy note or in this Mortgage to the conrrary notwithstanding; and thereupon or t}xreafier st the option of ~aid MORTGAGEE, wirhout notice o~ demand, suit at law or in equiry, therefwe or thereaftcr begun, m+y be prosecuted as if ~II nwneys setv~ed hereby had maTUred prior to its institution. . 7. That in the event that at the beginning of or at sny time pe~di~ any suit upon thu Mortgege, or to fwscb~e it, a to refwm (t, a to enfores payment of any daims hcreunder, said MORTGAGEE shall apply to the Co~rt having jurisdiction thereof for the appointment of a Reteiver, svth Ca+r1 shsll forthwith appoint s receiver of said mortgaged propcrty all and singulsr, includ:ng all and singvl+r the income, profits, issues and rsvenues from whatever source derived, each and every oi whKh, it being expreuly urwde~s~ood, i~ he~eby mortgaged ss if speuficatly set forth and described in the praroing ar+d habendum clauses hereof, and such Receiver sha11 Mre all the broad and effedive funct~ons and powers in ~~ywise entrusted by a Ca?rt to a Receiver, and s~ch appointment shall be made by ivch Cour1 as an admitted equity a~d a matter of absolute right to said MORTGAGEE, and witlwul reference to the adeqvacy a inadequacy of the value of the properry mor~gaged or to the solvency or insolvency of said MORTGAGOR or tFx defendants, and that such rems, profin, income, iu~es and revenues shall be appiied by such Receiver according to the lien a equiry of said MORiGAGEE and the pracrice of such CouA. _ 8. To dv1y, promptly and fully perfosm, discharge, execute, effect, complete, comply with and abide by each a~d every 1F+e stipulations, agreements, condiYans and covenan~s in sa~d promiuory rate and ~his mwfgsge iet forth. 9. Thst in the event the ownrnhip of the mortgayed premises, w any part thereof, betomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, in successors and auigns, may, without notice to the MORTGAOR, deal with such succeuw a succeuor in interest with refere~ce to this mortgage ~nd the debl hlreby secured in the same manner as with AM1ortgagor without in any way vitiating M distharging the Mortgsgors' liability hera undcr w upon the debt hereby secured_ No sste of fhe premises hereby mortgaged end ra forbea~ance on the part of tF+e MORTGAGEE w its sutcesson or auigns snd no extension of the time fw flx psyment of the debt hereby secured given by the MORTGAGEE or iti s~ccessots a auigns, shall operate to re~e~u, d~sch+ry~, natlify change or affect the orginal liability of the MORiGAGOR herein, either in whole w in part. 10. It is specifically agreed tha~ time is o( the essence of this contrad and that no weiver of any obligaNon hereunde? a of the obligat'an sr cured he~eby sl~all at any time thereafter be held to be a wairer of the terms hereof or of the instrumeM secured Fxrby. 11. In addition to the forego:ng monthly paym~nts of princ'pal and inrerest rcquired by the promissory note secured hereby, matgagor covenants and agrees to pay to mo:tgagee with each momhly payrnent an add~~ional sum est~mated by morfgagee to ix equal to i/i2 of the annual cost of fhe follow- in~: A-AU real property faaes levied or assessed against the above deuribed real estate. B-Premiums on fire and windstorm insurance as herein requ'ued to be carried on the improvemeMS situate on the above desuibed premises. C-Premiums on such mortgage guara~ty insurance as mortgagee shall from time to time deem fit to carry on tF~e ban secured Itereby. Mwtgsgee shall from time to ~ime notify mortgagor in writeng of the amount due and payable snd such wm shall 1F~ereupon.be due and payable on the due date of the next monthly payment and each successive month thereaher urtil g shall notify mortgagor of a chsnge in wch amount. Such wms sF.all be applied by mwtga9ee toward the payment of real property tsxts, insur nce premtums, and mo~igage guaranty inw~ance p~emiums. IN WIiNESS WHEREOf, the said MORTGAGOR has hereunto set his hand a~d seal the a y r first sfwesaid. Signed. Sealed and deliver in the prescnce of: ~ MautiCe C sn ~3 ~1 ` Mar Hall ~a~ ~ STATE OF FIORIDA . { counm oF St. Lucie ~ ~ Befwe me perwrwlly appesred M~auriee C• Hd~2 € Ma~cY Aan Hall ~ his wife, to me weil known an~Jel`bwn to mie so be ~ the individuals described in snd wFw execvted the foregoirg insuument, and acknowledged before me that they executed tha~is ~:for'~he pur , ~ therein expressed. And the ssid ~Y31 At'ltl }{~il •~+'`~~••••""•~~~t'~ . Mawcice C. Hall ' °r~~'•~% s wife of the said yPp~ t}pp~~e ~nd ~rivii~, examinatwn by me taken separote a~d apan from her nd, ~ckrwwled sn e me that sF?e executed said kultJdNnt~,.fflely~d wlQrr ' ~ • ~ ~ rar;iy and w~tkout any computsion, consrraint, app~e u of or fr her said husband. - i ~ ~ ;~c.; : ~ . . • ; 4VITNE55 my hand snd officiil seal thi day " A', D_ ~~y; ; • . ~ ` ~ 'r, " - : 1 _ Not Public in ~nd for the ute ~~tar~- ; ~ • My Commiu"a~ expires: . . . - , ~ , Retum io: ~ ~ ~ , ? first feder~) Savingt 3 losn Assocfation ~ ; Of fort P~erce. '<<;`: 3t LFRG: ~ Fort Pierce, Florida 1c)' ~ ' i,. ~ ~ " ~ ~ This Instrument Prepared By-J~ N. Robetts~ Jtr- ffLEOANCRfCORDEO x First Federal Savings b Loan Associat~on ST. lUC1E CO~NTr fLA. of Fort Pierce~ Rlolida ROCE~ POI~RAf ~ AfCORD yERiiEO ~ouAT ~ Checked By NP aoo~2i3 ~278 M~ 9 10 oe 11H'T3 1 253969 dx - - - - - - - - - - h_. ~