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Home My WebLink About2748 TO ~K~ and continuwisly krp on tM buitdirys now a ht~~aita ?itwt~ an sud land ~nd on all eqv~pm~ro ~nd pe~sonally cover~d by this matg ~ p~. with ~11 pr~miwm tM~wn ptid i~ futl, fir~ inwranc~ in ~h~ wwi iiand~rd policy fam. in ~ wm approved by ~M NWRTGAGEE. and windi~wm ~ +nsurM+c~ in tM uswl qa~dud pol~cy (wm, in ~ wm approv~d by tM MORTGJIGEE, in wch campu?y or compani~t a th~ MORIGAGE! rnay dir~t and ~11 fi~~ ~nd w~b~wn+ inswanc~ polici~i on any of aid buildiop~„ ~ny inMry~ M~r~in or part ~heteot, in fh~ app~ey~a sum ~fa~said a in ~xc~a ~he~eof, ~MII con~~in ~h~ ~nwl i~andard matypN ci~vH or wch al?K cl~vw a th~ MortQapN may ~~q~u~. makinp tM tou undK sa~d pol} cie~, each and ~vMy. arebi. w sa;d MpRTGAGEE as ~u intHest may app~ar. ~nd ~~th and ~v~ry Wch policy shall b~ promptly ass.yned ~nd deliverad to •ny Mld by ~id MORIGAGEE as fwtMr security to said mor~pay~ d~bt, and. no~ I~ss ~Mn qn (10) d~ys in advanu oi tM ~xpir~rion o! each polity, to dr IivN ro taid MORTGAGEE • n~twal fhtreof, topethN witb a receipt for tM pr~miwn oi wch ~e~ew~l~ a~d tMn aMll be no fir~ or winds~wm insu~~nta plat~d on ~+y of said buildinps. any i~ter~st tht~~in w p+rt tF~~of, vnleu in tF~e fo?m and with tM lou p~yabb a~forswWs +~d i~+ tfN ~w~?t ~ny tum of mon~y becoenes payabl~ undK ~uch policy p polKi~s a~id MORTGAGEE shall Mw rhe opr~ort ro receive and ipply the s~m~ on +ccoun~ ol tM indebted~ nes~ i~cwed hNtby o~ M permit iaid MORTGAGORS to retav~ and uie N w any par~ tM~eof lo. o~hcr pur~wsca, w~~hou~ ~h:reb~ wai~i~~g a~~npair- i~+q anY pviry. lien w ri9ht w+der or by vi.fw of this mortyap~s and i~ th~ wem said MORTG/lGORS sMi! fw any ~eaton fail fo kesp the saed p~~mi~ss to insurad, or (ail b d~tiva promptly any of said policies oF iniw~nca ro s~id MORiGAGEE, a fail promptly lo pay fvlly sny premium the~efor a, i~ any re~pect fail to psrforen, d~schuge, execute. ~ffecl, compkts, tomply with uK! ~b~d~ by this cove~?+nt, p ~ny parl haeof, s+id MORTGAGEE may pt~ce •~d pay fo~ tuch inw~arKe o~ ~ny paN thareof wirhout w~Ivinp w affectlop any option, lirn, pvity, or ripht under w by virtw of thia Mat9~s, and tht full ~moun? of each and ewry such payment sFwll be invnediately dw a~d p~yabls ~nd shall b~s~ i~~erest from ths date thcreof un~il paid at tM raq oi ' nine per centum per annum and together with such interest shall be srcurcd by the lien oi this mwt~aye. } To permit, commN a suffer no waita, impairmenf a deterioration of said prope~ty o~ any pat thereof. f' ~ S. To ~ ~ f p~y sH snd sGgutar th~ cosrs, tharyes and expensts, intludinQ a reasonabl~ ~ttorney i fe~ snd coits of +bstrscts of title. i~cu~red or paid at ~ any tims by said MORIGAGEE, because o~ in the event of tM f~ilure on the part of tM said MORTGAGOR to duly, promptly and f~lty pafwm, d~xhargs, execute. effect, cow~plete, comply w;th and abide by each snd every ~he itiputa~ions, agroeme~a, co~dition~, snd covenann of said promissory note and thii m~tp~p~ any or e7tAer. and iaid coits, ch~rges and expe~ses. each and every, sl»II b~ immediately due and payable: whether or not there be norice ds msnd, attempt to collect o~ wit pa~dlnp; aod the fvll amo~nt of tach and every wch p~yment sMll be~? inte~est trom Ihe da~e the~eof u~til paid at the .are oi nine per centum ~ annum; and a!1 said coats, cMrges and expenies incurred w paid, together with such iMlreaf, shall be iacured by ths lien of thu mortyap~. 6. TMt (a) in the eva+t of any lxeach of this Mwtg~e a defautt oa the pa~t of the MORTGAGOR, w(b) in the event any of ss~d s~ms of money heroin referred to be not ixomptly and fvlfy psid within thirty (30) days next after the ssrne severally become dve and payabk, without demand a notice, or (c) in the event e~ch and every the stip~lations, sgraements, conditions and covenanq of said promissory note and th~s mortys~e any a either are not ~ iuly, promptly and fully parfamed, discharged, executed, effecled, compteted, complied wirh ~~d ebided by, tMn in eifher o~ any such ewnl Ihe said a~ gregate sum mentioned in said promissory note then ~emaining u~paid, with interest acvued, and all moneys secu~ed hereby, shall becorne due and pay- ~ able fathwith, p Ihereshe~, at the option of ssid MORTGAGEE, ss fully ~~d completely as if all of the said sums of money were orgin~tly sripulated' ~ ro be paid on such day, anything in said p~omiuory note w In thia Mortgsge to tl+e contrary notwitfisunding; and therevpon w thcreafter at the option of said MORTGAGEE, without ~oP~ce w ckma~d, suit et law or i~ equity, therefwe w thereafter begun, may be prosccuted as if ~II moneys secured hereby had rtWtured pripr to its irotiWtion. i 7. Thst in the event that at the begin~ing of or at any tims pending any w;t ~pon this Mortgsge, a to fweclose it, w to reform it, or to cnface ` paymeM of any claims here~nde~, uid MORTGAGEE shall apply to the Court having jurisd'+ctwn Ihereof for the appointmeM of a Receiver, such Covrt shall ! Fonhwith ~ppoint a reoeive~ of said mwtgaged propcrty aIl and singular, inclvd~ng all and singutu the income, profits, ia~ves and revenutrs f,om whatever # sowce de~iretl, each ind evety of which, it being expreuly understood, is hereby mortgaged p if specifically set torth and dewibed in the pranting and i habendvm dauses F~eof, and such Receiver shall have all the broad snd effeu~ve fu~cnons and power~ io anywise entrusted by a Cour~ to a Receiva, end :uch sppointment thatt be made by such Court as an admitted eqvity and a matter af absotuta righl to said MORiGAGEE, ~~d without reference to the adeq~acy w inadeq~~cy of fhe value of the property mortgaged w to the sonrency or insotvency o( wid MORTGAGOR or the dcfendants, and that such rents, profits, income, issues a~d revenuea sF~sll be applied by such Receiva accwdirg ro the lien w equity of said MORTGAGEF snd the practite of svch Coutt. 8. To duly, prompNy and fully perfwm, diuharge, execute, effect, complete, comply with and abide by esch a~d every the stipvlations, agreements, ' can~itans and covenants in c~~d promissory note and this mortgage set fwth. ! 9. That in the eveM the ownership of the matgaged premises, w sny part thereof, becomea vested in a pe~ton otFror thsn the MORTGAGOR, the MORTGAGEE, iri succcssors and assigns, may, withovt notice to the MORTGAOR, desl with sucF? succeuor or successw in interest with reference to this mortgago and the debl hereby secured in the same manne~ as with Mo~tgagw wifFa~t in a~y way vit~ating a dixharging the Mwtgagors' liability heir under or upon rhe debt hereby secu~ed_ No sale of the premises 1~ereby mortgaged snd no forbeara~+te on the part of the MORTGAGEE or its successors ~ or assigns and no extension of the time for the paymeM of the deb~ hereby secured given by the MORTGAGEE or its succeuors ot assigna, shall operate ~ ro release, dixharge, modify change or affect the orig;nal Iiability of the MORTGAGOR here+n, eithe~ in whole w in put. 10. It is specifically agreed that time is of the esunce of this tont~ad and tMst no waiver of any obligation hereunder o? of ihe obI'gatwn st cured hereby sMll at any tune thereafter be held to be a waiver of the terms hereof cr of the irutrument secured herby. : 11. In add~tio~ to the forego:ng monthly payments of prin~ pal and interesf required by the promissory note secured hereby, morfgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addirionsl sum estimated by matgagee to be equal to 1/12 of the annual tost of the folbw- ing: A-All real property taxes levied or asses:ed against the above deu.~bed real estate. B-Premiums on firc and vJ'indstotm insurance as he?ein ~equ:red b be carried oR thr improvemettri situate on the ~bove desuibed premises, ~ C-Premiums on such mortgage guaranty insurance as mortgagee shall from rime to time deem fit to carry on !he loan secured hereby. Mo?tgagee shall from time to time notify matgayor in writing of the amouM due and payabb hercunde~ and such wm shall thereupon be due and ~.ayable on the due dafe of the next monthfy payment and eacfi successive month thereafter ur,til mwtgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payrrK~t of ~eal prope~ty taxes, insurarxe prem:~ms, and mortgage guaranfy inaurance premiums. , IN WITNE55 WHEREOF, the aid RTGAGOR has hereunto set his hand snd seal the day r'f oresa livered the esente of: aq • AZ 11q1' P ZAOd • a0 ' n ; Rerseii . P~rnod ~~,n ~ ' STATE OF FIORIDA ~ • ~ ~ couNn oF St. Lucie ~ f Before me perswwlly appeared AY't~1Llt Pernod Jr. a~ t ~ Ferr~l l K• pellfOd his wife, to me well known and known to me to be t rhe individ~als deau~bed in and who executed the fore~oi instrument, and acknowl before me that they executed the same fa tFa purp~es ~ ~e~rrell K. F therein exp?eased. And the said ~Z~ k wife of the said - AttZ1~lY Perbod Jr. upon • separate snd priwte f examinaYwn by.me taken teparale and apart fran her said husband, ~tknowiedged ro and befors me that she executed ssid i~strumeM,free{y and volurr r rarily and witMout any compu{sicn.,clo~traint, apprehensio.n,~I fear of or from her iaid husband. ! WITNESS my.~H~`arib"dflir~'pl ~i('tt~u day of J~e A. D. 19 73 I . ; ~ - : n ~ . 1.~ • ~ v=~• Not~ry Public in ~nd fw the Stat Florida ~t Lar9a - , ` My Commission txpires: • n 10: ~ . ; first Federsl =avi~~" loan 'Ass9ciali~ri Net~ry hb6c. StoN of NsAde at larN ` ; - Gf fort P~erce` J ~ I•; ~1 ~~°'M'~'Oa i 4or~t^A~~e~.~7~~da ~.~:.~,C: . by Am~~icM Fir~ i Casvalfy G. ' i f " ! _ ;1 ~ - ' This Instrument Prepared By J. H. Robetts ~.71. ~ ~~iCO AM9 RECpg0E0 First Federal Savings a loan Association ;t• R~~~ C~tj'~TY ~LA. ~ ~ ~tR P01iR~S , ' • of Fort Pierce~ Rlorida CLE4K CIPCUITCOURT ~ + € ~,p RFGOR) 7%~'i~FO E Checked By L~~ ~ . ~ . 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