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Home My WebLink About2283 To plate and con~~nuously keep on tne bui'di~~9s now or hr~rafter ~~tvaq on sa~d land and on al{ eq~~N+~~rnt and per~onatly covered by this mor~g- e9s, with all_ nti~m~ ~hereon Na~d in (ull, f~re inwiance ~n the usval srandsrd po~~ty ~o~m, in a a~m ap~o+cd by the MOR~GAGEE, and w~~duorm iniutante in ~i usual itanda~d po:~cy (oi~n, in a tum epprovad by the MORiGAGEE, in fuch canpany or co~npanies as the MORTGAGEE may dlrec~; and ~all lire and w~nda~orm ~nsurance polk~ea on any of sa~d bu~td:ngs, any in~e~eat therrin or pa~t thrreo~, in the sggrega~e sum aforeiaid a in ~at~sf lhereof, shail co~?ain the usual standard rnuriyagae dause or auch o~her c~auss as the Morigayee may requ:re, maAiny ~!~e iosa unJr~ sa~d po~i- des, each and every, payab'e ~o sa~d AtORTGAGEE ss lts inie~es~ may appea?, snd each and e~~ery such poi~cy shall Gr p~omp~~y a~s g~~ed and de6vrrrd ~o any held by sa~d MORTGAGEE as (ur~ha~ security to sa~d mortgaqe debt, and, not lesa thsn ten (103 dayt in ad+ance of fhe exp~~at~on of each pol;cy, to da liver ro said MORTGAGEE a renewal thereof, toge~he? with a rece~pt for the premium o( such renrwal; and ~hare ihall be oo fira or windtitorm insurance placed on any of said buitdings. any in~ereil ~herein w parl thereof, unless in the form ar,d w~th Ihe loss payable as aiortsaid; and in the event any sum of money becomes payable under such po(icy a poGuas said MORTGAGEE ahall have ~he opt~on to receive and a~pty the ssme on acco~n~ of the indrbted- ness secured htreoy or ro perm~t sa~d MORTGAGORS ro rece~ve and uss it or any part thr:eof ior o~n~~r HwF~oses, c.nt:out th:r~~r ~Yj~•~~~3 o~ ""P°"' ing any equ~ty, lien w r~ght w~der w by virwe o( this moc'gage; and in the even~ sa:d MORTGAGORS ahall Sor any reason fail to keep the said p~emisrs so ir.sured, or fail fo delive? prompNy any of said pol~cies of insurance to sa~d MORTGAGEE, or fail promNtly to pay futly any prenu~m fherefor w in a~y respcc~ fail to perfo~m, discha~ge, execute, eflecl, complete, co~nply with and abide by this cov~nant, or any parf hareot, said MGRiGAGEE may p~ace and pay (a such insur~nce or any pa~t thereo( wi~hout waiv~ng or atfecting any op~ion, lien, equlty, or r~gM under o~ by v~rtue of th~s Mwrqage, and the fu11 ~mount of each and every such payment shall be immedierely due and payable and shall bear intere~t from the date t!cereof un~il paid at the rate of n~ne per cent~m per annum and to~rthrr wrth such inter~st shaii be a~cured by fhe fien of this mwtgage. 4. To permit, commit or suffer no waate, impairment w deteriorarion ot sa~d property or any part Ihereof. 5. To psy all and singular the costs, charges and expe~ses, including a reasonable attwney's fee and costa of abstraUS of title, incurred or paid at e~y time by aaid MORTGAG;E, becauu a in the eveni o1 the fa~fure o~ the par~ of the said MORTGAGOR ~o duly, pror,~p~ly and fully perfonn, d~scharge: rxecute, e(fect, canplete, comply w~th and ab:de by each and every the stipulauons, agreements, cond~t~ons, and wveaants oi sa~d prom~ssory oote and this n,ortgage any w e~rher, and sa:d costs, charges and expenses, each and every, ahall be immrdiately due and payabte; whether a not the~e be notice dr mand, attempt to collett or suit pend~r.g; and the fult amount of each and every such payment shall bear interest from the date thereof until paid a~ the r:~re of nine per cenwm prr annu:n; and ali aaid wats, cha~ges and eapenses inc~rred or paid, togett~r w.th such interest, ahall be secured by the lien of this mortgage. 6. Tha1 (a) in the event of any breach of this Nbrtgage or default on the part of the 1rAORTGAGOR, or (b) in the event sny of aatd sums of money herein rcferred to be nm p~o~nptly and fully paid within Ih~rty (30) days next attcr the same seve~a'.ly become due and payable, without dema~d or notite, or (c) in the event each and every the stipu:ations, agreements, cond~tlans and covena~rs of sa•d piomiswry note and th~s mortgaqe any or e~~her are nol ~uly, prompdy and iully perfw~ned, dlscharged, eKecuted, effected, compieted, compl~ed wi!h and ahlded Sy, then in e~ther or any such eveM the said ag ~regate sum mentioned in said promissory note then rema~n~ng u~:pa~d, with interest accrued, and alI moneys secured hereby, shall become due and pay ao!e forthwith, o? thereafter, at the option of said MORTGAGEE, as fuily and comptetely as ii alt of the said a~ms of money were origina~ly st~pulated to be pa;d on such day, anything in sa:d prom~ssory note w in this Mortgage to ~he cont:ery nor.vithstanding; and thereupon w thereafter at the opt~on of sa~d MORTGAGEE, with.~ut not~ce or demand, suit at law w in equity, therefore a ~herea!ter bryun, may be prosec~ted as if all moneys secured hereby , n~d matured pnw to i~s insiit~tion. 7. That in the event that at the beginn~ng of or at any time pending any su~t upon this Mo~tgage, or to fweclose it, o~ to re#orm i1, or to enforce payment of any claims hereunder, said MORTGAGEE sha11 apply to the Court having ~unid:ction thereof 1or the appo~ntment of a Rece+ver, such Court shail forth~vith appoint a receiver o( said mortgaged property all and singular, incl~d+ng aIl and singu~ar the irtcome, p~ol~ts, issues and revenues irom whatever s~u.ce derived, each and every of wh~ch, it being expreasly understood, is hereny mor~gaged as ~f spec~licaily ut forth and described in Ihe granting a~d habendum dauses hereof, and such Receiver shall have alt the broad and effective func~.ons and powers in a~ywise e~tr~sted by a Cou~t to a Receiver, and :~.h appointment shall be made by such Cou~t as an admittrd equity and a maner oi absolute ~~ght to said MORTGAGEE, and withcul reierence to the a~lequacy o+ inadequacy of the value of the property mortgaged or to the so:vency or insol~.ency of said MORiGAGOR a tlro defendants, a~d that s~ch renrs, profits, income, issucs and reve~ues shali be appliett-by such Receive~ accurd~ug to the lien or equity of uid MORTGAGEE and the practice of such Court. 8_ To duly, prompt~y a~d fully perform; discharge, execute, effect, complete, comp~y w~th and abide by each and everjr the stipuiations, agreements, conditions ard covenants in sa~d promissory note and this mortgage srt forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a pe~son other than the MORTGAGOR, the h'.~RTGAGEE, its svccessors and au~gns, may, wirho_t notice to the MORTGAOR, deal w~th such wccessor or successor in iroerest wnh reference to this mo~~gage and fhe ~ebt hereby secured in the same manner as w~th titorryago. w~tFwut in any way vii+ating or d~xharging the Rlorsgagori liability hera- ~r~der or upon the debt hereby sec~red. No sa'e of the prem~ses hereby mortgaged and no forbearance on the part oi the MORTGAGEE w its successors or assigns and no extension of the Time for the payment of fhe debt hereby secured given by the MORTGAGEE or its succeuws or au:gns, ahall operate ro re!ease, d~scharge, modify change or affect ~he orig~nat liab:l;ty of ihe MORiGAGOR herein, either in whole or in pait_ 10_ It is specitically ag~eed tha~ time is of the essence of this contrad and that no waiver of any obl~gat~on hereunder or of the obligation se- cured hereby shatl at any time thereafter be held to be a waiver of the terms hereof or of the instrumenl secured herby. I 1. In add tio~ to the {orego n9 monrh~y paym~nts oE pri:u"paf and inte~est requ~red by Ihe prom sscry no!e sec~red hereb~, mortga~ar tovenants a,d agrees ro pay to mo:tgagee v~iih eath monthiy payment an ac:d~rional sum esi~mated by matgagee to be eqva~ to 1 j 12 of the annual cost of the follow- ,"g: A-Atl real property taxes Icv~e~ or ass~ssed Jg3I•151 the above desribed real estate. ' 8-Prcmi~~ns on fire and windstorm inswar~e as here~n requ~~ed to te ca~ricd o~ the [mproveme~ts s~tuate on ehe abovc described premizes_ C-Pre~r.~ums on s~ch morigaqe g~a•antq ir.sura•.cc as mortgagee sha~l fro~r: tme to tfine deem fit to tarry on the loan secured hereby. Mo~tgagee ska!~ frem t~me !o t~me no~if~ mc~rgagcr ~n wnnng ef ~he dTOU'11 due and payable hereu~der and such su~+ shaif thereupon be due and ~ ;-.,yab!e on the due oar? of the next month:~ payment and each successive mo~:~h thereaftcr u~,til mortgagee shall not~fy mortgagor of a change in such j a ount. $.xh wms shail be app?ied by martgage~ rovtard the payment of real property taxes, insurance prem:ums, and morsgage guaranty insurance ~ r~em~ums. I f IN Y~lTPJE55 YIH OF, tF. a;d /J~ RTGAGOR has hereu~to set h~s ha :d and seai the day and year first aforesaid. € ig , Se n iivere the resence of: ~ t " _ ~ ` a~~ ~ - (Seal) ~ \ ~ ~ _ 5ea1) ~ ~ ~ lSeaQ Seal ) S~AtE OF FLORIDA ~ ` ~S@al ~ SL. Lt1Cie ~~UNTY OF 8efore me personaily appearedwlill~ •$~pSOf1 and Bonita G• Shc~SOA~Z1~s wife alld HOw~St~ w. . 5a~npsoa and Helan D. Sauapsoa, his wife and Fsaesson G. Saapsq~ ,~c~,~~~i~iOw1~~,o ,,,e ro ~ the individuals described in and who executed the foregoing instrurrKnt, and atknowledged befwe me that they executed ths sanie foi the purpose~ rhe~ein expressed. Md the ~a~d ~nita G• $3apSOT1~M~~@ of tbe aaid Willia?n F~ S~p ~'`i1ld HelBA D. ~a~pso~ }~w~d w son and Iris San son wife of the said ~D$ ~ ~ r:;Te of the said • ~ ~ 1 rse~6rqte aAe ~v8te examination by me take~ separate and apart from'~gr said husban~ atknowl ed to and before me that'thq/execute~.~ f(yp~n?,.fi'~.yfx and volun- ~ ~a~i~y and w~thout any compulsio~, constre~nt, apFrehens~o~, or fe r of or fror~hqr said husbandY~ ! ~ ? • - ic:_ D~ "~9 73 ~ WITNESS my hand and officia~ seal this_ y~ day of `Iune _ ` ` j ~~ary,Pubtic in s~d for /M $JaK ,Iw' s'at La'r~e : = a . My Commiasion.jt;pitqs: , 7. ~ ~ y ~ ` ; • ~ Return To: ' ~ ~ I! . . ; • - , , z Fint Federal Savings a Loan Asmiat~on ~ ' ~ BLjCq~~ 4V Of Fo~t P e~ce. ~~.LAR~E ~ Fort Pierce, fior~d3 MY ~~I~1~-~~R~ S~. 25. 1975 Bonde~ By Am~~ g~nkas Insurance ..o. ~ `'c3 ~ FILED Ay~? RECORD[0 ST. LUCIE COUNTY FLA. This Instrument Prepared By .1. Hal RObeits~ Ji. R06En P0ITRAS ~ First Federal Savings 8~ loan Association CLEflK C!~-CUIT COIIRT ~ ~ of Fort Pierce ~ Rlo=ida RECOP~ YERtf~EO...~.~.~. ~ q ~ Checked By ~ ,Iu~r 1~ 2 3s PN ~ 8~OK215 FACfz2~ ~ 25'7s80 ~ . _ ~s ~ ~V - ~ ~ - _ ; ~ ~ ~ ~ ~ ~ ~ »..~~t y^u-+.'~ -l ~ Y J i~- . .~~~"''~~'~'S~fi'~'F~ ~ _ . '1~'°-`~A~~~~S~