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Home My WebLink About1407 To placs and conNnuously keep on ~he buildingi now w hereafter s~tuais on +a~d I~nd and on all equipnent snd personally covared by ~his ma~g- eg~, w~~h •11 premiums thereon pa~d in full, fire insvrance ~n ~ha usual s~andsrd poficy fam, ~n a~um approved by ths MOR(GAGEE, a~d windsto~m inturaoc~ in th~ usuai trandard pot:cy form, fn • sum approved by the MORTGAGEE, in tuch company or ca*+panies as ~M MORTGAGEE may dir~tlj ~nd alf firs and w~nds~orm i~surance polKies on ~ny of sa~d build~nps, any f~terest therein w pa.t the~eol, in tM sflgregate sum aforewid or in ~xces~ thereof, shall con~ain ~he uiuat s~anda.d morryaga~ clause o~ such o~hs~ tlaus~ si fM Mor~pagN may ~~qwr~, m~Minp ~hs loss under se~d po~F cief, each and every, payable to said MORTGAGEE as iti in~eres~ may app~u, a~d eicA and •very tuch pol~cy ihali be p~omptly ~ss yned e~d delivered to •ny held by uid MORTGAGEE at (u~~her ~scurity ~o ~aid mortgap~ debt, a~d, not less Ihan ttn (10) d~yt in advance o} tl~e sxpir~t~on of each policy, to da GrrN to wid MORIGAGEE a renewel the~eof, tope~her with a reteipt ior tM premivm of tuch ~enewal; and Mer~ thall be no fue or wind~~orm i~turance plattd on ~ny of said buildirg~, ~~y i~terest there~n w parl thereoi, u~ku in ~M form and with ~h~ lou payable as ~faesaid; and in the event any wm of mon~y bccomes payable ~nder such potfcy or pol~ci~s said MORTGAGFE ihall havs ~M optlon a receive and ~pply tM tame on accovnt of the indebted~ nes~ securQd hereby w ro permit said MORTGAGORS ro rtceive and use it p any part thereof ior other purF:oaes, v.~~1w~t ~h:reb/ waiv~ng o~ ~~npa~r- ir,q ~ny pu~ty, lien w rh~ht under a by virtue of ~his mo:sya9e; and i~ 1he event ~aid MORiGAGORS ~hal1 !or any reason fsil to keep the said premiirs so in~u~ed, or fail to deliva prompHy My cf said polKies of insuranc~ to sa~d MORIGAGEE, w iail promptly to pay tully any p~en.;um thereior or in any reipetl (ail ro pa(am, d~schcr9e, executa, effecl, complate, comply wi~h and ~brck by this covena~~, w any par? he~eof, sa~d MORTGAGfE may piece ~nd pay fw tuch tnwrance w~ny part thereof without waiv;np a affat~lny ~ny option, li~n, pvity, or r~gM under a by virtue o( th~s Mor~ga9e, +nd tht full amouM of exh and ertry avch payment thall be im,nediately due and p+yabls ~nd thall bea~ i~teresl f~om tM date thereof umil paid at the rite ol nirte per centum per ~nnum and tn~e~her with suth ineeresl shati be aecured by the lien of thi~ mwt~age. . To permit, commi~ or auffer no waste, impairmenf or deterio~ation of said property a any part thcreof. S. To pay afl er~d singvlu the cosb, cha?ges and expenses, includin~ a reasonable attaney's fee and costs of abst~acts of title, incurred o~ paid at eny time by said MORTGAGEE, bccause w i~ the event of ~he failure on ~he par~ of the ssid MORTGAGOR ro duly, promptly and fvily perform, d~uharge, execute, effett, complete, comply with and ab~de by each end avery rhe stipulations, aq~eements, condit~ont, and covenann oi said promissory nofe a~.d thi~ mor~gage any w ei~her, and sak! cosrs, charges and expenses, e~ch and every, shall b~ immedi~fely d~e and paysble: whe~her or not there be notic~ de~ mand, ~ttempt to wllect o~ suit pe~d~ng; aod the tull amouM of each and every wch paymem sMtl bear intere~l from ~he date tl~ereof until p~id it the r~re oi nirte per centum per an,~um; and all said costs, charges and expensea inturred w paid, logether w~th tuth interest, shall ba secured by the lien of Ihis mort9~qw 6. lhst (s) in the event of any breach of this Mortyage or defaul~ on the part o( the MORTGAGOR, w(b) i~ the event any of ~aid sums of money ! herein refer~ed ro be ~o? promprly and fully paid wirhin thiny 130) daya next aitm ~he same severally become due ~nd payabk, without aemand w notice, or (c) in the evem each and every ~he stipu~aiions, agreemcnts, condi~ions and covenann of sa~d promissory note and th~a matgaye any w eithe~ are not ~uly, promptly aru! fully performed, d~xharged, execuled, affected, compteted, complied wi~h snd sb;ded ~y, then in either w any svch evem 1hs said ag gregate sum mentaned in said promisswy note then remaining vnpaid, with interes~ acuued, and a11 moneys srcured hereby, shall become due and p~y~ able iathwith, or thcreafter, al Ihe option oi uid MORTGAGEE, as fully and completety as if atf of the said sums of money were o+ig7nally stipulated ro be pa7d on auch day, anything in sa:d prom~ssory note o~ in this Mwtgage ro ~he contrary notwi~hstanding; and thereupo~ or fhereafter at the opt~on of - said MORTGAGEE, without notice or demand, suit at law a in equity, therefore or thereafter begu~, may be prosetuted as if aU moneys secured hereby had matured pr~or to its institWion. 7. ihar in ~he event that at the beginning of or at any t~mr pend~ng any wit upa+ thit Mortgage, or to foreclose it, or to reform i~, or to enforce paymmt of any claims hereunder, said MORTGAGEf shall apply to the Court t»ving jurisd~Uion thereof fw the appointme~t of ~ Receiver, such Cour~ shali forthwith appoint a recciver of said mafgaged p?operty all and :ingvlar, incfud~ng all and s;ngula~ ~ha income, profits, iuues and revenues from whatever source derived, each a~d every of wh~ch, it being expressly understood, is F+ereby mo.tgaged as ~f specifically set fwth and described in the y~+nring and habendum clauses hereof, and such Receiver shall have all the tuoad and effective fu~ct;ons and powe~s in anywise entrusted by a Cou?t to a Receiver, and sc,ch appointmenr shal! be made by stxh Gourt as sn admitted eqvity a~d s matter of absolute right 1o said MORTGAGEE, and withoul reFere~ce to the adeqvacy w inadequacy of the value of the prope~ty mwtgaged or to the wtvency or inso:vency of said MORTGAGOR a the defendants, and ?hat such ren~s, profits, income, issues snd revenues shall be applied by such Receive~ accord~ng to the lien a equity of said MORTGAGEE and the practice of such CourT. 8. To dv~Y. promptly and fully perform, discharge, execute, effed, complete, comply with and abide by each and every the stip~lations, agreemenis, conditions a~d covenants in sa~d promissory note and th~s mortgage set forth. 9. That in the event the owncrsh~p of the mortgaged prcmis~s, w any part thereof, becomes vested in s person other tha~ the MORTGAGOR, the MORTGAGEE, irs auccessors a~d assigns, may, without no~ice to 1he MORTGAOR, deal witi~ such successor or successor in interest wifh re(erence to this mortgage and the debf hereby securcd in the same manner as with Mortgagor wifhout in any way vitiating or d~uha~gi,ng ti~e Morrgagors' liabitity F~ere~ under or upon li+e debt hereby sec~red. No sale of the Fremises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w its ~uccessws or assigns and no exte~sion o4 the time for the paymem of the debt hereby secured given by the MORTGAGEE or its successors w assigns, ahall operate ro release, d~xharge, modify change o~ affect the orig~na! liab~l;ty of the MORTGAGOR herein, either in whok or in part. 10. It is spec:lically agreed that time is of the esser.ce of this contrad and that no wsiver of any obfigation hereunder a of the oblgaYan sr cured hereby shatl at any time +hereaftr be held to be a waiver of the terms hereof or of the instrument secured he:by. I1. In add~tio:s to the forego:ng mo~thly payments of princ'pai and interest• ~equired by the promissory no!e secured hereby, mortgagw covenanfs and agreea to pay to mo:tga~ee vcith each monthty payment an addnionaf sum esumared by mortgagee to be equal to 1%12 of the annual cost of the follow- ~ ing: 1 A-All real property taxrs ievied or assessed against the above described real estate. ~ B-Premiums on fire and windstorm ~nsurance as here~n requ:red to be carried on the improvements situate on the above d~cribed premises. C-Premiums on such mortgage guaran?y enswar,ce as mortgagee shsll lrom t~me to time deem fit to carry oo the loan secured hereby. Mo~tgagee sha!I from t~me to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be dve and ca~abte on the dur date of the next momhly payment and each successive rnonth thereafter urtii mortgagee shatl notify mortgagor of a cha~ge )n tu~h i a~io~nt_ $uch svms sha:l be appleed by mor;gagee roward the paymeat of real property taaes, insurance prem:ums, a:xl mortgage guaranty insurance t p ~emiums. IN WITIVESS Y~HEREOF, the said MORTGAGOR has hereunto set his ha~d and sea( the day a year first a e' Signed, Sea~ed and delivered in the preser.ce of: , Seaq I _u ~ ' L. Sauer, Jr. c an ~ . sq ! ~ Q~X~ ' rbara L: Sauer ~~a~ i - j 57ATE OF F10RIDA ~ • • • ~ couNrr oF _St. Lucie . i ~f~~ a a~~ Carl L. Sauer~ Jr. • ~ ~ P~ Y PPe and i ; Barbara Sauer his wif~, to me welt known and known to me to be { ~ the individuals described in and who executed the foregang inslru!r?~nt, and atknowledged before me that they executed the same fw the p~?rposes i ~ Sauer rherein expresxd_ And the said ~Y~ra j.• ~ .~;+e ,f t~ ~;a _ Ca r 1 L. Sauer , J r. upon a separate and private examinat~on by me taken separate end apart from her sa;d huaband, stknowledged to and before me that she executed said instrument freely and voluo- g tarily and without any compulsion, constraint, app?e~oQyQn, or tear of or from her said husband. Jul 73 q jL iA : ~ WITNESS my hand and official seal this da of ~ Y - , t ~D'_ t9_~'_ S ~ _ ` ~ G ~ ` _r ~ ~ - C f f Notary Public in and for the Stat j~{dr: ~ t l~r~e'~. ~ ` ~ ; i J My Commission expires: ~ = ~ : 1`_ j? ~ ~ f . = Retum To: / - r. • ~ :i-•:" ~ ~ First Federsl Savings 3 Loan Association IIdTRR1'l~BtJC,ST~ q~~ ~,~~f F Of fort P~erce. '•'•Y f0!.~~f~S~ '.~P p i ~ ~ 1.F$nijl~?9.~I975 e FOrt PiCrC?. Flo.fda .`~"~.;t• .3i '~-~+:+Rn~llqLerr{liaq. ~ ~ fi~EO ?KO R~co~oEO : sT.wct~ c~ur~TY r~~. ~ ' ROCER ~OtTRAS • ~ ' ~ Pa Y John W. Collins CIERK C~CUIt COURt ~ This Instrument Pre red B RECOR". YEA4~1~a' F - First Federal Savings 8 Loan Association ~ pf Fort Pierce~ Rlot i,da ~11 f z9 PN ~13 ~ Checked By ~ ~ J 5 _ ~r s d~~K 216 ~ti~: ~ 4~ / ` § 25911 'f ~ . r _ . ~K ' . . _ . . _ _ _ _ ' - - q. v~' . _ . ,r~. T~ . ~ ~ Yw S '~.n- .~-,~t R ~.y _ ' ~ ~9 s~" „"'S`s~ +~-.~.-_'~;~'_°'r•.~';.F. ~w.'"'`ty,.`~~v~"~-~ f...,.. ~ _ , _r'~'~ ~,x~ "~L'a'