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Home My WebLink About2787 To pl~c~ ~nd con~inuously ke~p on th~ buitdirp~ now a Mi~alt~r situ+t~ on s~~d ia~d and on ~II equip~n~nt ~nd p~~wnally covNtd by this mat¢ +p~, with ~II pr~mivm~ tMreon pa~d 'u+ (ull, fir~ 'uuuranc~ in ~M u~u+l iu~rd pottcy fam, in • ~um approv~d bY ~M MORTGAGEE. ~nd windstorm inwrana i~ tFw ~wal uar?dard poGcy fam, i~ a swn ~pprw~d by tM MORT<311GEE, h? wth tompa~y a wmpan~a~ u tM MORTGAGEE m+y dirKfj fk~ u~d w;nd?arm insw~nc~ polic»s on any of Nid blliWinQs. My GlttfHt tMttlfl Ot aIt 1ANWf, in th~ +~re9~a w~n ~ioresaid or In ~xc~u ~Mr~of, tlwll conub+ ~M uwal st~nda~d mar~apN davw a tuch o~Fw~ N~v~ ~s ~M Mat9pN m+Y nqdu+. m+klnp rh~ Iou ~ndsr ~a~d poli. de+, each aad evKy. paYabl~ ro a`d MORiGAGEE H its interesf m~y app~ar, and each and ~ve~y ~vch policy ~hall b~ promptly asi:9e~d ~nd d~tivKed ?o any hetd by s~id MpRiGAGEE ~s fur~hN ~ec~rity ro s~id mo~tpay~ debt, ar+J, not ku th~n ~e~r? (10) dap in +dv~~c~ of th~ expiratia+ oi each policy, ro d~ Gvei to Wid MORTGAGEE • nnewaf tMr~of, top~~ha with s ~~ce~pr fw ~M p.~miuen of wc!? .enewalj +od ~Mr~ shall b~ no f'u~ a wiodstam i~surance ~ pl~ced on any of said buildin9s, any intaest thsr~in a part ~her~of, unlcu in tM fwm ~nd with th~ loss p~yabN ~s ~fa~Nid; and in ~M ~wnt any sum ' of nwn~y bacomes p~yabl~ ur~ iuch pol'~cy w policies ~aid MORTGAGEE shall Mw ~M option b reoeive asd ~ppty tM same on itcovnl of the Indebted- ness ~ecur~d Mraby or to ptrmit wid MORiGAGORS to repiw and uf~ lt or any ps~t thereof fa ~ other purposet, without thereb~ waivi~~ w unpair- ~ng any puity, lia? or ~ight ~nde~ w by virtw of this mortyayet and in th~ ~ven1 ~aid MORTGNGpRS shall fa any re~wn fail to kc~p the aid premises w insu~ed, a f~ll M dtliver pomptly any of said policies of inwra~u ro said MORTGAGEE, ot f~il promptly to p~y fully any ptemi~m tharefo? o~ i~ any respKt fail ~o perfpm, ~scharge, execut~, ~ff~ct, complets, oomply with snd abid~ by tha coveMnl, w~ny p~rt henof, s~id MORTGAGEE may pl~ce and pay fw such irau~anc~ w~ny pa.t tF~eof witho~t waivinp or ~ffectkq any oplio~+, IiN+, ~quity, w right unds~ a by virtw of thif Mort9a~s. ~nd the tutt ~nwun~ of exh and ev~~y sucb payment shall b~ irtMMf~N1fly dW afld Piy~bM and shall bear infKe~t from ths daN thereof umil paid at tM r~t~ ot nine ps~ centum pK an~um and together witF~ such interest shall be secursd by ih~ lien of this mort~aye. I. To p~rmit, oommit o~ su(fer no waste, ~„Pa~rmenr « de~era.•~~on of s.~d P.oP..ry or u~y par? rhe.eof. S. To p~y all and sinpula? the costs, cMrpes snd expensea, wxl~dinp a reasonabls attw~ey's fee and costs of ~bstrads of titls, incvrred w p+id af eny time by w7d MORTGAGEE, becausa w in the ~vent of tlw failure on the part of ~FK said MORTGAGOR to dvly, promptly ~ed fully perfam, dixhary4 execut~, eifect, compleh, comply wi+h and ~bide by each and every the stipulatans, ~greements, conditio~s, ~nd aovenants of said promissory nole ind thil mwtysp~ ~ny or either, snd tsid costs. cAa~ge~ and eapenses, esch and w~ry, shall b~ immediately due and payable: whethe~ or not there be notice da mand, attempt to aolkct a wit pend~np; and the full amoum of each ~nd every such payment sF~all bea~ interest from ~he date tMreof unti~ p~id at the ~a~e oi nine per centum per aru~um; and all said costs, charges and e~epenses incurred or paid, lopether wilh such iroerest, shall b~ tec~red by ths lien of thw ~ mat~. 6. TMt ln the ewnt of any bre+ch of this Mortgs~ w default on the part of the MORTGAGOR, or (b) in ths eveM ae?y of ss~d wms of money herein referrad to be ~ot promptiy snd fully paid within thirty (30) days next after ~he fAfI1Q t!YlfaN~l bQGORIQ dUQ alfd Plj/ibI! without demand w notice, or (c) in tFa evem exh and every the stipulations, sgreementi, conditions and covenants of w~d promissory note and th~s mortysye any w either are no1 iuly, promptly snd fully performcd, d~uharged, executed, effected, completed, compl~ed with and ~bided by. then in either or any such ~vsnt fhs ssid s~ gregate wm mentioned Qn said promissory note then remaining unpaid, wilh inte?est xvued, and all moneys iecured hereby, sh+~l betome due ar+d pay- able fwthwith~ q fF1lfNffH~ ~t the opian of said MpRiGAGEE, as fully and completely ai if ~II of the wid wms of money were aiginally st~pulated + to be paid on such day, anyfhing i~ said promissory note or in lhis Martgage ro the contrary ratwirhsfand;ng; and ~hereupon o~ thereafter at the option of ~ ~a;d JNORTGAGEE, without ratice or demand, suit at law a in.aquity, therefae or fhereafter begun, may be prosecuted as if ~II rna~eys secured hereby i had maWred pr~w to its inslitution. ~ 7. That i~ the event that at the beginning of a at any time pending sny suit upon this Mwtgsge, or ro fasctose It, or to refwm N, or to enfwce { payment of any claims F~e~eunder, said MORTGAGEE shall apply to the Court having jurisd~pion 1F~e~eof fw the a~pointment of a Receiver, such Court sha{I t forthwith appoiM s receiver of said mortgaged property a~l and singvlar, includ~ng afl and singvlu ths income, profits, issues u~d revenues (rom whatever source ckrired, each and every of wh~ch, it being expreuly u~rstood, is hereby mortgaged at if syetifically set forth ~nd dewibed i~ the 9?anting snd habendum cl~uses hereof, and such Receiver shall have all the broad and ef(ective func~~on~ and powers in anywise entrvated by • Ca?rt to a Receiver, and s~ch appointment sha~l be made by such Court as ~n admitted equity ind a rr»ttei of absolute right to wid MORTGAGEE, ~nd withoul ~efe~ence to the edequacy a inadeqwcy o! the vafve of the property mwtg~ged w to the sorvency w inwlvency of said MORTGAGOR or the defendami, end ~hat such renrs, profils, income, iuues sod revmues shall be apptied by such Receiver according fo the (ien or equity of said MORiGAGEE and the pracfice ot such CouA. 8. To duly, promptly and fully periwm, distharge, execute, eifect, complete, comply with and abide by esch ~nd every the stipulations, sgreements, conditiora snd covcnants in said promissory note and this mortgsge set forth, 9. That in the wem the ownership of the mortgsged premises, w any part thereof, becomes vested in • person other thah the MORTGAGOR, ths MORTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deal with such successor a successw in intereit with reference to this mortg~ge s~+d the deW her~by sccured in the ssme manner ss with Mortgsgo~ without in any wsy vitiatin9 or discha~ging the Mwtgsgors' iisbi~ify hertr under a upon the debt hereby secured_ No ssle of the Fremises hereby mwtgaged and no forbearsnce on the paA of Ihe MORTGAGEE or its successon o. auigns u~d ra eatension of the time fw the paymem of the debt hereby secured given by Ihe MORTGAGEE or its successors or auigns, ,hall operate ro release, d~scharye, modify change a affect ths aiginal liabil~ty of the N10RTGAGOR herein. either in whok or in part. 10. tt is spccificslly agreed tha~ time is of the cssence of tFis contract and thar mo waiver of any obligalipn heieuntkr or of the abliyatan sr cured hereby sh~l1 it sny time thereafter be held ro be ~ w+iver ot the terms hereof w of fhe instrumeM secured herby. 11. In add"+tion to the forego:ng mo~thly payments of prin~ pal and interest required by the promissory nore seturet! hereby, mortgagor covenants and agrees to pay fo matgagee v.•ith each monthly payrnent an addi~ional sum estimated by mortgsgee to bt eqval to 1/12 of tha annual cost of the fo{low- ing: A-AI! ~eal property taxes leYied w assessed agai~st the above descriyed rea) estate. B-Premiums on fire and windsto~m insura~ce as here~n requ~red to be carried on tFx improvements situate on the above described premises. C-Premivms on uxh mutgage guaranty inwrar,ce as mortgsgee sha11 from t~me to time deem fit to carry on the ban secwed hereby. Mortgagee shatl irom time to time notify mortgagor in writing of the amount due and payable herevnder snd such wm shall thereupon be due and } Fayable on the due date of the next monfhly payrnent and exh svtcessive month theresfter until mwtgsgee shall notify mortgapw of s change in such amovnt. Such wms shall be applied by matgagee toward the payment of real property taxes, insurance prem:ums, and matgage guaranty ins~rante premiums. 1 TNESS WHEREOf the said N10RTGAGOR has hereunto set his hand aod seal tFx day and/~ ar fint afwesaid. ; esd, Se, ~le ~ de tr i he pRsence of: _ y ~///Z/ , 9 A/i/ ~ ~,I~~f~~ (Sean ~ ~ r ; Helen ~t. Max~?e 1 i ~ i SiATE 4f FLORIDA • € cour,tnr pF St.Lucie ~ ~ ~ Before me peraon~lly appeared _ C~r9e A. Ma~ar~ell e~ ' Helen M. Maxwell his wife, to me weH known and known to me to be ~ rhe indiridvsls described in and wlw e~cecuted the forcyoinp instrument, and ~cknowledged befwe me that tF~ey executed 1F~e same for ths purposes therein expressed. Ar?d the sssd Helen M_ Maxrrell E wif0 Of 1MR fiid ~1aLiYQ~ A. ~3LNeli ! UPOn ! sQP~f~1Q ~t~d Pfivit~ 3 examinatio~ by me taken separate and apart irom her said husband, adcr~owkdged to end before m~ thsf she executed wid insrrument frfely and volurr S ~ rar~ly and w;thout arryr compvlsion, constraint, appr p fe~r of or from her said Fwsba~d. WIINf55 my f~a+nd and offitiel seal ti+~ i~~~ d~y MBy/ " A. 19 73 . z ary Public in u+d for t Sute L~rps ~ My Commasion ~~cpira: ~ r Retum Tr. . . . , - ~ F1rst fede~al Savirgs 3 loan Associa~.on NOTARIr PUB:tC. STATE ofi~lORfOA a{~,pt~Q ~ Of Fort P,erce. 11Y CO~IdFAI$StON f~CCt~~ q~ C. ~.14~5 r BOfWW TArY s.N,e~er~„w~anr;~~Lnat?rdeees. ~ Fort Pierce, Horida ya . ~ ~J . ( ^ . ~ • ` , ~ . f . I t ~ This Instrument Prepared ByJohn W. Collins ~ -r ~ g First Federat Savings b toan Association f~tEa AMO R ~ -~9-75 ~ of Fort Pierce ~ Florida =T LUCIE COUMTY f~A. ~ ROCER POItRAs CIERK Cl~CU1T COURt ~ Checked By RECOR~ YfRlr~sp ~f/y ~ ~ 9 10 0 P ~39'7U ao~ 213 2783 'T~ 3 s _ _ _ _ _ _ _ , .