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Home My WebLink About1403 J. To plsc~ and continuou~ly kaep o~ the bui!dingi now w herea(te~ situate on faid land and on all equipmeM and penonally covered by tAis ma~Q~ y~, wilh ~11 pramium~ fhcreo~ pa~d in iull, fi~c iniurance in the usual uandard polity fam, in • sum app~oved by the MORTGAGEE, snd windstam insur~nc~ tn the usual uandard pot~cy fwm, i~ • tum app~oved by ~M MORTGAGEE, in ~uch comp~ny or comp+nies q tM MORTGAGEE m+y di~K~J ~~+d all i'us and w~ndstorm in~uro~ce policies o~ any of iaid build~npi, ~ny int~r~st therei~ a part thereo(, i~ the aggrepat~ sum oto~aeid M In eaceu thereof, shail centain tM ~svat standard margagee ciause w iuch o~h~~ ctau~s a~ ths Mo?tqagee may req~~re, m+kinp the lo?s undc. sa~d po1F cie~, exh and ~very, p~yable ~o s~id A10RTGAGEE as ~ts inters~l may ~ppear, and e~ch aod every such policy shail be p~omptly a~~.gned and delivered to sny held by said MORTGAGEE ~s (urtha ucurity to said ma~gage dcbt, and, not leu tM~ ttn (101 days in advance oi the exp~+a}ion of Qach pollcy, to d~- tivs~ to said MORTGAGff a renewat thersof, toQe?ha with a receipt fw the premivm oi such renewal; and the.e sha11 be no f~rs or winds~o~m iniv~~nc~ pliced on ~~y of teid buildinys, any intertst therei~ w p~rt Ihereof, un~ess In th~ form ~nd with the lou payable a~ afaes+id; ~nd in tht event u+y wm of mor?ey becomei payable urtder such polity w polkies teid MORTGAGEf shall haw the option to receive and apply the same on ~ctouM of ~he i~debted neu tetured hereby or ro pe~mit said MORTGAGORS to rtceive and use H p eny part thereof fw other purpoies, without th~~cu~ waiving or unpair- ~~y a~y equity, lien w right u~der w by virtue of thii morl9~get +~d in tM ~venl said MORTGAGORS shaN for a~y reason fail lo keep tlis ~a~d pemisai w insured, w fail to deliv~ promptly any of said policies of insurance to uid MORiGAGEE, w fail promptly lo pay fully any premium Ihtrefw d in any respect i~il to pertorm, discMrge, execute, effecl, complate, comply with end abide by thii covenant, or any par~ hereof, said MORTGAGEE may place and pay fw svth inwrente ot any puf thereoi wirhovt rsaiviny or affectiny any option, lisn, eqvity, or right under o~ by virlut of thii Mw~ga~e, +nd the ' full ~mounl of each and every such payment shall be immediately due a~d pay~ble and shall besr interes~ from the date thereof u~~il paid at th~ ~ate o( nine per centum per ennum and together wi~h suth interast shall be sec~red by tha lia? o/ tAis mortgage. 1. To permit, cpmmil ot suffer no waste,-impairment a deteraration of said prop~rty o~ ~ny ps?t thereof. 5. to pay ait and singular the coats, charget arrd expenses, includinp ~ reasonable attw~+ey i iee a~d wsts of abstracts of title, incwrcd or paid at any time by sa7d MORiGAGEE, because or in thu event of ~he fa~lure on the part of the aaid N10RTGAGOR to duly, promptly ~nd fvlly perfo?nn, d~scharge. execute, effcct, tomplete, comply with and ablde by e~ch and wery the stipulstions, aqreemen4, cond'Niau and covenants of isid promissay ~ote +nd this mwrgape iny or either, ~~d sa~d coab, cMrges and axpenxt, each and every, thall be immedia~ely dw and psyable; whether or ~ot ~here be notice de mand, attempt to cotlM a tuit pend~ng; and ths full amount of each ~nd evay svch paymem ihali bear ioterest from Ihe date thereof un1i1 peid sf the r.:re o1 nirre per crntum per annum; and a!1 said cosrs, cbarges and eapenscs incurred a paid, together w~th such i~teresl, shall bs ~ecured by the lien of this mwtyag~. b. That (s) in ths event of any breach ot thi~ Mortgage o? default on the part of the MORTGAGOR, or (by in the evenf ~ny of saFd sunu ot rtwney F+erein referred to be not promptly and fvlty paid wi~hin thirty (30) days neat after the same sevtrally become due and pay~bl~, withou~ demard a notice, or (c) in the event each and every the stiputations, agreemenls, cond~~ions and covenant~ of sa~d p~omiuo?y note and th~s rtwrtgaye a~y or e7ther are not ~uiy, prompNy and fully perfwmed, d~schnrged, e,eccuted, effeded, completed, comptied wirh and ab7d~t! Sy, then in either w sny such evem the sa:d a¢ g~egafe sum mentiorted in said promissory rqte then remaining unpaid, with inlere3t accrued, and all mo~eys aecwed Fureby, shall become due •nd pay- abte fwthwith,'or thereafter, at the opuon of sa~d MORTGAGEE, as fully and completely as if all of the said sums of money were oriQinally it~pulated to be paid on such day, anything in sa:d promisswy note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit al law or in equity, therefote ot thereafter begun, may be proucufed as if all moneys secured hereby had mawred pr~or to ~ts instiWtion. 7. That in the event fhat at the beginning of or at any rime pending any suif ~pon this Morfgage, or to fweclose it, a fo refwm it, p to enforce payment of any claims hcreunder, said MORTGAGEE shall apply to the Court having jurisd~c?ion thereol for the appointment of a Receiver, svth CouN shall Forthwitb appoiM a receiver of said mortgaged property att and singvla?, iacfud~ng aIl and s~ngular the income, prol;ts, issues snd revenues fran whatever source derived, esth and every of which, it being expressly understood, is hereby mo+tgayed as if spec~fically se1 forth ~nd dexribed in the yranting aod habendum clausa hereof, and such Receiver shall have all the boad and effecfive funct~oni and powen in anywise entrusted by'• Covrf to a Receiver, and s:,ch appointment shall be made by such Cou?t as an sdmitted equity and a mane? of abiolute right fo said MOATGAGEE, u~d without retere~ce to the adequacy or inadequscy of the value oi• the property mortgaged or to the so~vency w insotvency of ta~d MORTGAGOR a the defendants, and ~hat such renn, profiri, income, iuues and revenues shail be applied by such Receiver according to the lien or equity of said MORTGAGEE and the prxtice of such Cou?f. 8. To duly, promptly and iully pe?form, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenants in sa~d promissay noTe and this mwtgage set forfh. 4. TMat in tF~e event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, tM MOR7GAGEE, its successws and auigns, may, without notice to the MORTGAOR, deat with such successor w sutcessw in intereat with reference to this mo~tgage and the debt hereby secured in the same mann¢r as with Mortgagw without in any way vitiating or discharging the Mortgagors' liability he~e~ under w upon the debt hereby secwed. No sale of ihe premises hereby mwtgaged and no forbearance on the paA oi the MORTGAGEE or its successon o• as:igns and no exte~sion of the time for the payment of the debt hereby securcd given by the MORTGAGEE or its s~rccesswi a assigrn, sf~ll operate ro releax, d~xha:ge, modify change a at(ect the originai liab~fity of rhe MORTGAGOR he~ein, either in whole or in put. 10. It is spedfically agreed that time is of the essence of this contract and thaf no waiver of any obligation hercunder or ot tlw obligation~s~ cured herlby shall at any time thereaftn be held to be a waiver of the terms hereof a of tF?e inatrur.~ent secured herby. 11. In add+tior, to the forego'ng mo~thly payments of princ pal and interest required by the promissory no!e secured hereby, mortgago~ cpvenanri and agrees to pay fo mortgagee vvith each monrhty pay.:ient an add~~iona! sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes Ievied or assessed against fhe above descri~ed reai estate_ - B-Prem~ums on fire and windstorm insurante as herein reqv:red to be carried on the improvements situate on the above described premises. C-Premiums on suth rr.ortgage g~aranty iasura<<ce as mortgaqee shal! f~om t~ne to time deem fit to carry o~ the Ioan setured hereby. Mortgagee shall from time to time norify mortgagor in writing of the amount due and payable he?eunder and such wm shall thereupon be due and F.ayable on the due date of the next month:y payment and each successive month thereafter ur.ti) mortgagee shalt not~fy mortgagor oi a change in such a~^ount. $uch sums shatl be app!ied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mwtgage guaranty i~suqnce o•emivms. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his band and seal the day a r efo aid. Signed. Seated and de(ivered in the p?esence of: G CL .C~ ~ p en .n ; ~ (sea~ ; ~ MaYtha D. Moon r~,q s ; 57ATE Of FLORiDA t ! ? S5. i COUNTY Of - St~ LuciP ~ ! ( Before me persortally appeared StBphen Moon and ` Martha D. Moon ~ his wlfe, to me well known and known b me to 6e j rhe individuab descr~bed in and who executed the foregang instrument, and scknoN,ledged before me that they e:ecuted the same for the p~rpwes [ rhereiR expressed. And the said Martha D. MOOA = N~(e of the said stenhen Moon vpon a sepant~ a~d p~ivu~ ~ examinat+on by rtr taken separate ar~d apart (rom her said hu_s,~Qd , acknowledged to and before me that she exetuted said instr~~enifr~[y,qRd volun= ~ rar;iy and witbout any compulsion, constraint, appreh fsi , qr~fp.dF of or from said husband. ; '•.y t , WITNESS my hand and offidal seal thi d of `~uly ~ ' i`~: j9 ~ i ~ • ~ ~ f -41 Notary Public in a for the Stste oflFiurids=~t l~spe ' 's My Commiuion expi?es: ~ . ~ ; Retum To: t - Y ~ . ; _ 3 First Fedeql Savings 3 loan Association S Of Fort P:erce. ~`";Tl~Y !`U°LIC, STA1E CS ~~l p~~ ~~~1~- ' ~ ; : Y-. t # Port Pierce, flarida ~ ~;•.•.t;;~I~N EXPiF.ES 7AN.' 7; ' • . u~ _.~n,an B~;.xErs ieri~ti~u G. ~/-7-77 ' This tnstrument Prepared 8y Gary F. E111po~E4 AyQ REGORQE~ `1 , z LUCIE COUNYY fLA. First Federal Savings 8 Loan Association RpggR , 91tAAS ; of Fort Pierce Fla~ ~~ERK C1KCUiT COURT _ ~ ' RECORd VfRif?ED ~ ' CaeR ~ eY ~ 1 1 Zg 1 M~~ ~ 259109 ` ~ i ~oox 216 ~a~:1403 : r ; ~ , ~ - - ~ - - - - - - - - ~ u~..~.-~' „ , , ~"~~~~~x ~'-~-rr. ~ , . ~ ~ ~s ~~~c ~ ~