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Home My WebLink About2619 To pt~c~ ~e+d contiewously k~ep on ~M bui:dinps now a hp~+itt~ utwt~ on ~aid land ~nd on ~1) puiprnent ~nd pe~anally cov~~ed by Ihls mat¢ +p~. wi~h ~II p~miums tl+~rson pa~d in full. fi~~ insvrance in ~M u?wl uandard policy !wm, in • tum approv~d by tM MORfGAGEE. +nd w~nditwm inswanc~ in tM uiwl itu?da~d pol~cy fam, i~ • wm •pp~ov.d b~ tM MORTGAGEE, in wch comp~ny o~ compani~~ +s tM MORTCsI~(3EE may d~redt u~d ~il iir~ ~nd w~ndstwm inswanu poliues on ~ny of aid buiWinpf, any intf~~~l 1!?Ktin or paH Iheraol, in tM pqre~aa ium afa~~aid w In ~xcess ~hawf, ~hatl contain ~M u~wl ua~dard mor~yapk claus~ a such o+hn claus~ u tM Mort9pN may requu~. maYir,p ~1w tosf und~. sa~d polF cie~. ~ach ~nd ~very, paYabl~ ro aid MORTGAGEE a its int~resl m~y app~ar. ~nd ~ach u~d ~vtry tuth policy ~MII b~ prompNy ~a.yrwd and d~iiverad ~o ~ny Mld by said /NORTGAGEE ~s furtF?K ssturity to Nid morlyay~ debt, ~nd, not I~u ~Mn t~n (101 days in advance of th~ expiratia+ of each policy, to dr IivN ro said MORTGAGEE • rN+ewal thertof, topaFw~ with • raulot fw tM pr~miwn of ~uch renewalJ and then ahall b~ no f'u~ a wind~iwm i~suranc~ pl~ad on ~ny of taid buildi~ps. ~ny inlerest thtr~in ot p+n tMnof, unteu in ths fo~m and vrith th~ loss p+yabl~ as ~for~said~ and.i~ tM tvtnl ~ny sum of nqn~y becom~s payabl~ undN tuch polky w polkih aid MORTGAC~EE ihall Mw the option ro nceive +~d ~pply the same on acco~nt of tM indsbted- neu seturtd hereby a ro permil said MORTGAGORS to rKSiw u~d us~ lt o~ any part thereof fa othcr purposes, withoul Ihe.eb~ waivi~~y or ~mpai.- in9 any pv~ty, lien w rtpht und~r or by vlrtw of this ma:ppr, ~nd in tM event ~aid MORTGAGORS thall for eny reaso~ t~il to keep the sa~d p«misss w in~urad, or fail fo d~live~ promptly ~ny of said policies of insurana to aid MORT6AGEE, u(ail promptly to pay fully any p~emium therofo~ w in anY respect fail b p~rfwm, d7uharge, execute, eftect, compkte, comply witA u?d abid~ by this covenan~, or any part F+Kaoi, said MORTGAGEE may place ~nd pay for such insurance w~ny part tFweof witlw~t waivir+p w affadinp ~~y optia~, (ien, puity, or ripht unde~ or by vir~w o( ~hls Mor~y+pe. +~d ~hs full amo~nt oi tacl+ ~nd ewry tuch payme~t shall be immediately du~ and payable ~nd thall bsa~ inttrest from ths d~t~ thereof u~til peid at the rat~ ol nine ps~ centum pe~ annum and toge~her with such inrereit shall be secured by th~ lien of this mat~ape. ~ 1. To pe~mit. commit or wNer no wut~. knpairment w deterior~tion of said property or any p~rf thereof. , ~ S. To pay all snd sirpula the costs, charges ~nd ~xpsnses, inctudinp • re+soi+able attorney's fee and tost~ of sbtt~adt of title, iocurred w psld +t any time by said MORTGAGEE, bac~uss w in 1he event of tM fai~ure on tM patt of IM uid MORTGAGOR to duly, promptly and fvlly petform, distMrg~. execute, effsct, complete, comply with and ~bids by exh ~nd svery the stipulstwns, ayrcements, conditions, and cowna~ts of sa~d promissory note and this matgp~ ~ny or either. and wid costs, charqes and expenses. eacl+ and every, shall b~ immediately due +nd payable: whe~he~ o~ rat there be no~~ce de~ msnd, sttempt to collect w wit pend~ng: and ths full amo~n~ oi e~ch and every s~ch paymem shall bea.. in~ereit fran the date the~eof until paid ~t the rate oi nine per centum per annum; and all uid costs, charges and expenses iocurred o~ paid, logelher w~th such intere~t, shall b~ secured by the lien of this mort~ay~. 6. That in the avent of any breach of this RAwtgage or defautt on the pa?t of the MORTGAGOR, a(b) in the event any oi ~a+d sums of money herein nferred to bs not promptly and tutly paid within thirty (30) days nex~ after the same severally become due a~d payable, wi~houl de~nand o~ ~otite. or in the eveM e+ch and every the stipulations, sgreements, conditions and cove~+nts of sa~d prap~ssoay note and th~~ mortgay~ any p either are no1 iuly. prompNy and f~lly pertamed. discharged. execured. effected. completed. complied wi~h and abided by, then in eithe~ a any tuch ewnt the s~id eQ~ { gregate wm menta~ed in said promissory note then remaining unpaid, with interest acuutd, end a11 moneys satured hereby, shall becoma dw ar~d p~y- able forlhwitM, w ths~eafter, at tha option of said MORTGAGEE, as fully aod completely as il +11 of ~he said wms of money were aiyinalty stiputsted ? to be paid on suth day, anythinp in sa~d promisswy note w in this Mwtg~ge to Ihe conl?ary notwilhstanding; and thercupon or thereafter at the option of + said MORTGAGEE, without notice w demand, svit at law w in equity, thertfae or thereafter beyun, may be proxcuted ~s if all maxyt ~etvred hereby nad rtWtured pria ro in instiru+iort. i 7. TMt in the event ~hat at ~he begi~ning of or ~t any time pending a~y wit upw~ this Mortgage, or to faeclose it, w to refum it, or to e~fwa . ! paymtnt of any claims Furevndet, said MORTGAGEE shall apply to the Court h~ving jur7sdiction thereof for the appointment of s Receiver, such Court shall ~ fwthwlth ~ppaM a receiver of said mortgaged properfy all and s~ngular, includ~ng all and sing~lsr the incane, profits, iuues and revenue~ from whatever source derived, each and evcry of which, it being expressly understood, in hereby mwtgaged ~s if spetifiCally tet fwth ~nd dewibed ie the yrantirq and habendum clavses hereof. and sueh Receiver shall have all the ixwd and eftective funct~ons and powers in anywise entrusted by a Court to a Receiver; ~nd cuch sppointment shal~ be made by such Co~rt ~s an admitted eq~ity and a matter of absolute righf to said MORTGAGEE, and without reference lo the adequscy or inadequacy of the v~lue of the prope+ty mortgagcd or to the wlvency or insolvency of said MORTGAGOR 'a the defend~nn, ~nd that such rents, profiri, income, issues ~nd revenws shall be +pplied by suth Reteiver according to Ihe lien or eqvity of said MORTGAGEE and the practice of such CovA. 8. To dvly, promptly and fully perfwm, discharye, execute, effed, mmplete, comply with and sbide by esch and every the s:ipulations, agreementa, condiYam and covcnants in said promissory nofe and this mortgage set fwth. 9. TFNt in the event the ownership of the mwtgsged premises, w any part thereof, becomet vested in s person other than the MORTGAGOR, the ~ MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deat with such successa o? i~rcceuor in interest with reference to this ' mwt e and thr debt hereb secured in tFie same manner as with Mwt a or without in an wa vitiati or dixhar ~ fhe Mort s' liabilit herr ' 9a9 Y 9 9 Y Y ^9 9^9 9~ Y i under or upon the debl hereby secured. No sale of the premixs hereby mwtgsged and no forbearante on the part of the MORTGAGEE or its tuccessws = or auigns and no extension of the time fw the paymeM of the debt hereby secured given by the lNORTGAGEE or its succeuors a augns, shall operats } to release, d~scharge, modify change w affect the wiginal liab~liry of the MORTGAGOR herein, either in whole or in part. ~ 10. It is specificatly ag~eed thst time is of the esunce of this contract snd that no waive~ of any obligatio~ hereu?ider w of tha obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrumcnt secured herby. i 1 i. tn add~tion to Ihe fwego:ng monthly paymenls of princ'pal and interest required by the promiswry note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an additional sum estimated by mort9agee to be equal to 1/ 12 of the annual cost of the folfow- ing: A-All real property taxes levied or aasessed against the above described real estate. ~ B-Premiums on fire and windstwm insurance as here~n requ~red to be urried on the improvements setuate on the above desuibed premises. I C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to wrry on the ban secured hereby. i Mortgagee shall irom time to time notify mortgagor in writing of the amount dve and payable hereunder a~d such wm shall tt~ereupbn be due and ~ payable on the due date of the next monlhly payment and each successive.month thereafter urtil mwtgagee shall notify mortgagor of a change in wch ~ amount. Such surns shall-be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insursnce . premiums. ~ ! IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day a ear first sforesaid. ~ 9 ed. Sealed and delivered in the presence of: ~ D ~ j / p ~ ~0 Pollard B Stua t Jr. n ~1 dred Stua t «.p STATE OF FLORIDA ~ ~ ~ St. Lucie cauNrY oF eefwe me personally eppeared Pollard B. Stuart. 1=• - and ~tildred Stuart ~ h;, W;f~, to me well know~ ai~-kn0~v~i'1~.~+e to be the individuals dexribed in snd who executed the foreyoing instrument, and ackrwwledged before me that ihey executed~~~~~~a(ne fo? Nla p~rposes therein expreued. And the said '~ildred $tlldlt s~.~~~~~~~._ ~"~'1.:~ Pollard B. Stuart, Jr. - wife of Ihe wid rd~4NJ/'~' ~~ni) pinats examination by me taken separote and apart from her said husband, atknowledged to and before me ihat she exetutet) i~id r f/q~'~d ~olurr rarily and w~thout any compulsion, constraint, spprehens~on, w fear of or from her said Fwsb+nd. ~ti~~_ • ' ; ~ ~ i WITNESS my hand and official seal this day of U'~°AC~~y-~- F- ;.r.1 F ~ Notsry Public in and for~t ts b~ lor `'~t' ~ ~ ~ My Commiuion expird: , • . ~ Return To: . . ~ First Feder~l Ssvings 3 loan Aasociation ~ i~~ ' ~ Of Fo~t P~e.ce. NOTA&Y PUBLIC~ $~~f Ot~f~.tTf:~.'.2: ' Fort Pierce, Florida AIY COMMISSION EXPiR~S S"t~L ?5, i:,.. ~ . BOlldb ~ AIMi1CiA BiOkOff IfiilipliCB ..J• ~ ~,}S.1 This Instrument Prepared By John k~. Col lins fILED ~pr, First Federal Savings b Loan Association St. ~UC~~ ~ AECGR EO of Fort Pierce ~ Florida Aij~~ ~ Du1RA: ~A ( Rfr,~ EPx C couRt ~ Checked By ~ R~ Y: t-j: ~ f 2a5~9$ ~ ~1 12 k2 PH'T3 Boo~214 Pa~E2616 ~ - ~ ~y - - - _ - _ ~ rf o . . - ~ x:" -