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Home My WebLink About1215 3. To plac~ and continuou~ly keep on tF?s bui!d~ngi now a Mreaf~~~ sitwt~ on said land ~nd on all equipment ~nd pe~wnally coversd by this mortp- ~g~, wi~h ~11 premivms thcrcon pa~d in futl, fire iniurance in the vtwl ~tandsrd policy form, in a tum ~pproved by th~ MORiGAGEE, +nd windstam in~vru?ca in tM uswl trandard pol~ty fwm, In • sum approv~d by the MORTGAGEE, in tuch company w canp+~ies a th~ MORTGAGEE may di~~dt ~nd ~II (ir~ ar+d windiform insurance policies on any of ia~d buildinps, ~ny tntere~t therein or p~?t theraof, in the ayyrey~te sum ~io«:+~d w in ~xc~u ~hereof, shsll contain the uswl ifandard marga9ee clause or such otF~ claus~ as the Mortpapee may requin, ma?inp ~M loas unda said poli~ uss, e~ch u+d evay, payabk to s+id MORTGAGEE ai ~ts intere~t may appear, and eath and eve~y tuch policy ihall be promptly ~ss.yned and delivered to sny MId by said MORTGAGEE as furthe~ sccurity to ssid mor~page debt, and, not 1~=s tMn ten (t0) days in advance of the sxpl~Nion of each poticy, to dr I~ve~ to ~aid MORTGAGEE a renewal ~hereol, ~ope~her wiih • receipl for the p~emivm of ~uch renew~l; a~?d ~here shall bs no f~re or wind~~am in~urance pl~cad on •ny of saw bu~ld~ngs, ae+y inte~eat ti+Hein w p~rt the~eof, unless in tM fam e~d wi~h tM lou p~yabk as afwesaidj ~nd in tM event any :um of money becor„e~ pay~ble under such poHcy or policias sa+d MORTGAGEE shaU have ths option to receive and appty the s+me on +ccounl of ths indebteei~ neu setu~ed Mreby a ro permit said MORTGAGORS to receive and use it or any pa~t thereof fa othe? purposes, witMut Ih.~eb~ waiving or ~mpair- iry ~~y eq~ity, lien a righ~ undc~ w by virtue of this morl9age; and in fhe eve~t wid MORTGAGORS shal) for any reaior? faF) !o keep ths said premises so in~ured, o? fall ro deliver promptly ~ny of said policies oi insu?ante to wid MORTGAGEE, or fail promptly to pay fully any premium therefw w i~ any respect fail to perfwm, diuharge, executs, eifecl, complete, comply wiih and abide by thi: covenant, or any part hereof, iaid N~ORTGAGEE may place and pay fw such inw~ance oa any part thereof wirhout waiv7ng a affecting any option, lien, equity, w righf under w by virtw of this Mo.fgage. and the f~ll amouol of each and every such payment shall be immediately dw and payabk and shall besr interes~ from 1M date thereof until paid ~t ~he ~ate o1 nine per centum pet a~num and to~eihe~ with such interest shali be sa~~ed by the lien of fhis mortyage. ' • 1. To permit, commit ot sutfer no waste, impairment w deteriontion of said prope?ty or ~ny part thereof. ' 5. To pay all and singular the costt, charges arid expenses, includir?g s ressonable attwney'~ fee and costs of abstrads of title, incurred or paid at any time by said MORTGAGfE, because ot in the event of the failure on the pa?t of the said MORTGAGOR to duly, promptly snd fully perfam, d~stharge, execvte, effecl, complete, comply with and abide by each artd eyery the stipulations, aqree~?+ent~, conditiwu, and covenants of said promiuory note and t~i~ _ mwtgage any w eithcr, a~d sa~d costs, charges and expenses, each and everyr, thall be immediately due and payable; whether or not there be notice de mand, attempt to tolled w wit pendingj snd the full amount of each and every suth psymeM sMtl be~r interest from fhe date fia~eol until psid ~t the ~are oi nine per centum per aneium; a+w all wid costs, charges and ex;xnses incurred a paid, together with svch intereit, ahall be secured by the lien of thii mortyags, 6. That (a) i~ the event of any breach of this Mortgage w default on the part of the MORTGAGOR, or (b) in the evant any of sa~d :vms of money t herein roferred to ba ~ot promptly and fully paFd within thirty (30) days nsxt afte~ the same severally become due and payable, without demand w ~otice, ~ or (c) in the event each and every the stiputatio~s, agreements, cw~d'+tions and covenants oi ss~d p~omiuwy note and fh~s mortgage any w either sre r+W t iuly, prompdy and fully perfwmed, d~xharged, executed, effected, compteted, complied with and abeded ~iy, then in eilher w any s~ch event the said a~ gregate wm mcntioned in said promissory note Ihen remaining unpaid, with iroerest accrued, and all moneys secured hereby, shall become due and pay- able forthwith, w thereafter, at the option of aaid MORTGAGEE, as t~lly and completely as if at1 of the said sums of money we~e o~iginally stipulated to be paid on such day, anythirg in sa;d promiuwy note u in this Mortgage to the contrary notwithstanding; and thereupon or thereafte~ ~t the option of said MORTGAGEE, w~thout notice o? demand, suit at law w in equiry, therefw x thereafter begun, msy be prosecvted as if all moneys secured I~ereby had mawred pnot to its institution. 7. That in the event that at the beginning of a at any t;me pendirg any suit upw~ this Mwtgage, or to fweclose it, w to refwm it, or to enfwce payment of any claims Fxreunder, said MORTGAGEE shall apply to the Cou~t having jurisdlaion thereof for the sppointment of a Receiver, such Co~rrt shail Forthwith appoint a receiva of said mortgaged property all and singulsr, includ~ng aN and singular th4_intome, profits, iuues and r~vtnues from whatever source derired, each and every of which, it beirtg expressly understood, is hereby mo~tgagec~ as_if speci(ically ief fwth ~nd destribed in the granting and habendum clauus hereof, and such Receiver ahall have all the broad and effecr~ve func~~ons and powers in anywise entrus~ed by a Court to a Rece+rer, and such appointment shall be made by svth Court as an ndmitted equity and a n-.atter of absolute right fo said MORTGAGEE, and without reference to the adequacy p irwdeqvacy of the value of the property mortgaged ot to'the solvency or inso~vency of said MORiGAGOR or the defendarsts, ar+d that such ren~s, profits, income, iaues and revenues shail be apptied by s~ch Receiver accordi~zg to Y6s'clien w equity of said MORTGAGEE a~d the practice of such +en CouA. , l~ , I 8. To dvty, promptly and fully perfwm, discharge, execute, eftect, complete, comply witli and ab~de by each and every the stipulations, agreements, j conditions and covenants in said promisswy note and this mwtgsge ut forth_ 9. That in the event fhe ownership of the mortgaged premises, w any part thereot, becomes vested in a person other fha~ tF~e MORTGAGOR, the ti10RTGAGEE, its successors and assgna, may, without ratice to the MORTGAOR, deal with such sutcesso? a successor in interest with reference to this mortgage and the de6t hereby secured in the same manner as with Mortgagor witFwut in any way vitiating w discharging the Mortgagors' liabilety heir under or upon the debt hereby secured. No sale of the premises Mereby mortgaged and no forbearance on the part of the MORTGAGEE w its suttessors or assigns and no extensio~ of the time for the payrtxnt of the debt hefeby secured given by the MORTGAGEE or its successors or auigns, shall operate ro release, dfscharge, modify change or aFfett the original liability of the MORiGAGOR herein, eitixr in whole or in part. ~ 10. !t is specifically agreed fhaf time is of the esxnte of this contrad a~d that ~o waiv~r of any obligation hereunder or of the obligation se- cured hereby shsll at any time thereafter be held to be s waiver of the terms hereoi or of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of prin~ pal and interest required by the promissory note secured hereby, morfgagor covenants and agrees to pay to mortgagee with each monrhly paymenr an adil;rional sum esfimated by mortgagee to be equai to 1/12 of the a~nual cost of the follow- ing: A-All real property taxes levied w assessed agai~st the above described real estate_ ~ B-Premiums on iire and windstorm insurar.ce as herein requ~red to be carried on the improvements situate on the ebove d-scribed premises. C~Premiums on such mwtgage guaranty irtsvrar~te as mortgagee sha?1 from teme to time deem fit to tarryr on the loan secured hereby. Mortgagee sha?I from time to time notify mortgagor in writing of the amount due and psyable herevnde~ and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each succeuive month thereafter ur.tit mortgagee sfiall notify mortgagw of a change in such amo~nf. Such sums shatl be applied by mortgagee toward the payment of real property ta:es, insurance p~em:oms, and mortgage gua?anty insurance premiums. IN WlTNE55 WHEI:EOF, the said MORTGAGOR has hereunto set his hand and seaf the day and first afor~said. Signed, Sea and e in the presence of: . ~ ~ an ~ f's~ LO 1 fi. StOrCk a~ / _7 Seaq h' r k kaq i , STA7E Of FtORIDA ~ St. L~cie ' COJNTY OF ' Loui s B. S torck s~d ` i Befwe me personally appeared ~ ; Shirlev Ann $tOZC~C his wife, to me well known and krawn to me to be ' the individuals desvibed in and who executed the foregoing instrument, and acknowledged before me that they executed the same fw tF?e purposes ~ f therein expressed. And the taid Shirley Ann $tOtCjC ~ E +~~fe of the said - -n +ia S~ Storek upon a separate and private ~ exami~ation by me taken separate and apart fram her said husband, atkrawledged to snd befwe me that sl~e executed said instrument freely and volurr ra~ily and withovt any compulsion, constraint, apprehension, fear of or from her said husband. WITNESS m hand and otfitial seal this ~ Y A day of ~y A. D. 19~~ ! Notary Pu in and fw the State of f{orida ~t lar~e ' My Com ssion expires. ~ ,S"" I Retum To: - ~i /9 First Feder~l Savirn,~s L~ loan Association Of Fort P~erce. ~t;,:~~~~ . ` Fort Pier~e, Florida ~ • ` ' Y- FItE9 ~k^ RECOR~ED ~',r +fz~.` __j~:.' ; -s : . • ST. lUC1E COUMTY FLA. : =3 - ; ~ aoc~; ~o~;~~s ~4`~~I'~~~ ` CLERK C~R'vUIT COURT i'his Instrument Prepared 8y Gary F. E11Nopd, ':~_~r'c ' PECOH~ VE~~"sE0 j First Federal Savings & Loan Association = - % : ; . ' ~ ~t s` . of Fort Pierce ~ F lozida . : ' _ , NAY 11 IO 23 AN ~73 ~ h, _ ~ c~,~k~a e;, r;,,, :~;'o 5038 ~ ~ R ST~,~ ~ ` 900K ' 214 Pa~~i2~.4 sb ~ ' _ - . ~ ~ _ _ ~ ~ - ~ s ~~~~-~,~,F~~~