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Home My WebLink About2724 To ptxe •nd cont~nuo~sl~ keep on the bui:dn~gs norv or hereafter ~Ituate on sa~d land a~d on ali ~quipment ar.d peryo~ally co~+ercd by thiti mong• ~9e, WI~h ~I) premivms IAr~eon pa.d ~n f~tl, firC ~~s~~enca ~n Ihe usual stei~d~rd po~~ty form, in a su/n approved by the MOR~GAGEE, and winds~am in~ur~nce in ~he usual standard po~.q fo~m, in • wm app~oved by Ihe MURiGAGEE, in such co~npany or compan~es as the 610RiGAGEE may dirKl; and all (i~e and w~ndstctm inswance poGc~es on any o; said build+~t~f, sny iMerest iherein or part thereof, in the eqgiega~e sum aloresaid w in excess Ihereof, shall cuntain the usuai s~ar.dard ma~gagee claufe or such othe~ cl~use as the A1o~tyagee may roqu~re, ma?ing the toss ~~~dr~ s.+~d poli- c~cs, each and every, payob'e to said ASQRTGAGEE as ~~s inlcrrsl may appear, and each and every such po~~cy shait ?ie prompily ass gnrd a~~d de~~~e«d ~o any held by sa~d MOR(GAGEE as ~wthe? aecuri~y to said n,ortgage debt, and, no~ leis than ten (10) days in ad+ante of ~he expuot~on ot eath pol;ty, to de- liver to said MORTGAGEE a~enewal thereof, togethe~ with a rece~pt for the premium o1 such renewa!; and there shall be ~~o L~e or wi~~ds~crm ins~~ance p~aced o~ any ol said buildmga, any interest therem w part thereof, unles~ in ~he lorm and with the Iws payable as aloresaid; and in the evenl any sum of money becomes payabte ~nder s~cti poliq o~ poGdes said MORTGAGEE shell have the opt~on to recr:vr ~nd ap},lY the sa~ne o~ accoun~ oF the indeb~.au- neta secwed hereby or to.perm~t sa~d MORTGAGORS ~o recrive and uu it a any pan tLe~~•of lor o:~~•,r pure~~sc•s, c..~hO.:t th,•. u~ n,,~.~ ~7 0~ ~~~.;i..ir• ing any ~qu~ty, I~en w r~ght undrr or by virtue of this mor'gage; and in the event ~a,d N10RTGAGORS shall {or any ~easo~ (ail to kecp the said premisas so insured, or fail lo deGver prwnptly any of said po6c.es of ~nswa.+ce to sa;d MORiGAGEE, or fait pron,ptty ~o pay f~lly any premi~m thcretor or in any reipect lail ~o pe~fo.m, discharge, execute, effea, complerr, comply wiih and abide by th~s covanant, or any part hereoi, sa~d MuRTGAGfE may p~aca a^o pay Fw auch insur,,nce o~ any parl thereof withou? waiving or alfecfing any option, lien, equity, or r~9M unde~ or b~r vlr~ue of this htortgage, and the full amount of eath a~d every such paymen! shall be im~nediately due and payabte and shall brar intereal irom ~he date ~hcreof umU pa~d at the ra~e of nme per centum per annu~n and to~r~her with auch inrerest sha~i br srcured by 1he lien of this morryage. To permit, rxnmit o~ suffer no waste, impairment or deter~oratio~ of said property ot any parf thereof. 5. io pay all and singular the costs, charges and expenses, including a reasonable attonfey's tee and coits of abstratts of title, incurred o~ paid at any time 6y sa~d MORTGAG:E, because or in ~he even~ of the fa~iure o~ thr par~ of ~he said MOkTGAGOR io duly, pro~np~ly and futly perform, d~scharge. ~x~cute, effed, complefe, comply w~th and ab:de by each and every the atipuiana~s, agreements, conditions, and cove~anrs. of said promisso~y note and thi~ . mo:rgage any or enher, a~d sa+d costs, charges and e:penses, each and every, shall be immediately due and payable; whether or not there be nohce de mand, attempt ro collecl pr suit pend~ng; and ~he iulf amounl of each and every wch payment shall bear intcres~ irom ihe dare thereot until paid at the r.~te of nfne per cenium per an~~u.n; an~' al! said tosts, charges and exp,cnses inturred w paid, toyether w~th such interest, shall be secured by the lien oi thif mortgage. ' 6. That (a) in the even~ of any breach of this Mwtgage or defaul~ on tFx part of the MORTGAGOR, or (b) in the event any of sa:d sums of moreey he;e~n refer~ed to be not pranptly and fully paid w~thin thirty i30) days next afier the sa~ne seve~auy become due and payabie, wi~hout demand or oonce, or in the event each and every Ihe st~pu~ations, agreements, cond~tions and covenants of sa d prom~ssory ~ote and ih~s mortgage any w e~ther are not ~~ly, promptly and 1JII~1 pCffOfl~lfd, dacharg~d, executed, elfected, tanpteted, compiied w~th a~id ab~du! ~iy, rhen in enher o? any such event the said ag- gregate sum mentior.ed in said promissory note then remaining unpaid, with interest accrued, and atl moneys setured hereby, shall become due and pay- aole lorthwith, or thereaf~er, at ~he opt~on of said MORiGAGEE, as fully and completely as if all oi t1~r said sums of money were ang~nally st~pu7ated to be p?~d oo such day, anything in sa:d prom~zsory note or in this Martgage ?o the co~trary no~wlihstand~ng; and ~hereupon or lfiereafter at the opt~on of sa~d MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereaSter begun, may be prosecuted as if all moneys secvred hereby nad matured pnor ~o ds instituuon. 7. That in the event that at the beginning of or at any time pending any su~t upon th~s Mortgage, w to fo?eclose it, or to reform i~, or to enforce payment of'any daims he.eunder, said NRORTGAGEE shall apply to Ihe Court havi~g juiisd~aion thereof for the appomdnent of a Receiver, such Co~~t shail fo~thwirh appo~nt a receiver of said mortgaged property all and singular, inctud~ng a~i and singutar the income, prof~fs, issues and revenues from whate+er :~urce derived, eacn and eveiy of wh~ch, it bei:~g expressiy unders~ood, is hereby mortgaged as if speui~cally set forth a~d described in Ihe granring a~d F;abend~m ctauses fiereof, and such Receiver sha11 have atl the broad ar.d efEective funct.ons and powers in anyw~se entrusted by a Court to a Receiver, and s..ch appoimment shatl be made by svch Courr as an admirred equiry and a maner of absolute rigM to said MORTGAGEE, and without re(erence to the ed~a~acy or inadequaty oi the value of the p~opeHy mortgaged or to the so.vency or ,nso:venty of sa~d MORiGAGOR or the deiendaMS, and that such r~•-,rs, profits, income, issves and revenues shall be applied by sucn Receiver accord~ng to the Gen or equiry of sa:d MORTGAGEE and the practice of such Gourt. 8. To duty, promptly and fully perform, d~s:harge, execute, eifect, complete, comNly w;th and abide by each and every the stipu{ations, agreements, :onditions and covenants ~n sa~d prornissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged prem~ses, o~ any part ti~ereof, becomes vested in a perwn ofhe~ lhan the MORTGAGOR, the A!ORTGAGfE, its suctesson and asvgns, may, without notice to the MORTGAOR, deal with such~ suctessw o~ successw in interest with refere:+ce to this morigage and the dabt hereby sec~red in the same manner as wiih Mortgagor w~thout in any way vitiating w d~scharging the Mortgagori liability here- under or upon the debt hereby secured. No sale of the Fremises he~eby mortgaged and no forbearance on the part of the IAORiGAGEE or its successors or assigns and no exter.sion of the time for the payment of the deb! hereby secured given by the MORTGAGEE or its suctessws or ass~gns, a~~all operate ro re~ease, d~scharge, modify change or affect the orig~nal liab~tit~ o.` the MORiGAGOR herein, either in whole or in part. 10. h is speuficalfy a9reed that time is of the essence of this corttrac+ and thar no waiver of any obligation hereunder w of the oblgation sr c~red hereby shah at any tim,e thereafter be hc:d Io be a waiver of the terms hercof or of the instrument secured herby. 11. In addnlo~ to the forego ng monthly paym^nts of p~inc pal and inreres! required by the prom:ssory no~e secvred hereb~, mortga~or eovenar.is end agrees to pay to mo:tga~ee ~n~th each monih[y Nayrr.ent an add~~~onat sum esr:n:ared by morrgagee to be equal to 1, 12 of the annual cost of the follow- ~~:3: A-All real property taxrs lev~e~ or aszessed aga~•ist the a6ove described real esrate. B-Prer~~ums on f~re and windstorm insuracce as nere~n rrqu~red to be car:ied on the ~mprovemerns situate on tha above descr;bed premises. C-Premiums on such mortg,ge guaranty ir.suracce as mertgagee sha~i fro~^ r me to tirr,e deem fit to car~y on the loan secured h:,reby. Mortgagee s~ait from rime to time not,ty mortgagor in writing of the an:ou~t due and payabte hereunder and such sum sha:t thereupon be due and ;.3yabte on the due date of the next month':y payment and eath successive month thereafter urnii mortgagee shall notify mortgagor of a change in such a~•ount_ S~ch sums sHa:I be applfed by mortgagee toward the payment of rea! propeny taxes, insuran~e pram.ums, a,~d mongage guaranly insurance c•emiums. IN Y11TNf55 WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and sea~ the day and year first aforesaid_ ; S" ned, Sealed and d livered in the presence of: ` ~ ~L-~~~~f ~i.~ t~aq ' : < -i Diane D.waters, a widoN ~~a~ - ~ L • (Seal) - (Seaq ~ r Y SiATE Of fIORIDA ~ ~ COUNTY OF $t. Lucie ~ t - ~ ' Diane D. Waters, a widow i Before me persorally appeared _ and ~ his~Wi(e, ro me well kROyKn. and known to me to be a the ind;vidua~ described in and who executed the foregoing instrume~t, and acknowledged befwe me that .She~r execvt~ryd the same for the purposes _ , - rherein expressed. /~~.aF~,s~yd ~ { w~ie-ei-~I+e-eeid - - - ~ -.upppas~e~aralSyld.Ati11df0 s a+~a~was:os?-6y.+we-taiwr~~e~as.~.ani~r.xt•Frow~-Fier-a~idi~asbawd,~e~lewewiE.~ged~o-s.~d~fsrowx~I~et~iieaMe«Meel~aid~iwaMnwswt+{t . etly ?w~v~oluw~ j t~cr~r~sod_,Wthaulany..r.~rnpartsi~ews~raiwt,.apprehaws:oArw~1ws.~f-os.iww~i~KS~idhwbawd. . ~ WITNESS my hand and oificial seal this__ L~1 day of `Ju~e, ~ • A:. 0. 19 73 ~ !2 , 1 t l ' = = Notary Public in and tor the Stat of Flori¢a at Large M Comm~ssion ea ires: • ~ Y P . ` Retum To: NOTARY PJJBUC, STAiF e1 fLORIDA !t l~IAGE ; First Federal 5avings 3 loan Associat~on ? Of Fort P erce. ~ COb1M1S$ION EJ(P1P,ES $EPT. 2S, 1915 _ ~oode4 B~L AU1enc3n 8ankeri IuiuraDa CQ. F FOrt P~~rCe. fforic~a 25'?'96~ : 9- 2 S-7S FILEO Ati~ RECORDEO - This Instrument Prepared By JOhti W.Col2ins ST. LUCiE COUHTY FLA. First Federal Savings 8~ Loan Association RGCfR FpITRAS = of Fort Pierce ~ Fl0 z7lda CIERK Ci~,CUIT COURT 4 RECt11'7 YE"'Fi:D ~ Checked By ~U~ ~ ' ` S~ HH '73 _ -~'~k~ ~~J~ ~ ( ~A ~S :f ~ ~ - _