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Home My WebLink About1653 To place and co~tin~ou~ly keep or~ ~he bu~:J~~:gs now o~ herea(~er ~~fusta on sa~d land snd on alt equep.nent and personally covered by thi~ mwtg- sye, w~th •11 premiums thereon pa•d in full, f;.e insur~nce ~n +he usurt s~andard pol~~y form, in • sum appro~ed by the MORtGAGEE, and w~ndstorm insurence in the usual ~tandard pol.cy iorm, in a ~um approveJ by the MORTGAGEE, i~ s~ch company a comp~nies as tM MORTGAGEE may di~ect, •nd all fire and w~ndiTOrm insurance poi~c;ef on any of sa~d bu+~dmyi, any in~era~t therein or psrt thrreoi, in Ihe aggre9a~e tum aforesaid w in excesi thereol, shell contain the usval ~~a~~dard mortgages clause w auch other clauss as ths Mo~tyages may requ~r~, makin~ the ioss wxler sa~d poli- ciei, each and avc~y, payat~~e Io seid MORiGAGEE as ~ts ~~~errsl may appea~, snd each and every tuch poticy shaN be prompNy ais gned and delive?ed ~o any heW by ta7d MORIGAGfE as lunher securify to said mortgage deb~, snd, not test lhan Ien (10) days in advance of the expirat~on ol eacA pol~cy, to dr liver lo ssid MORTGAGEE a renewal thereof, toqether with a receipl fw ?he p~emivm of fuch renewal; and there shall be no i~re o~ wir.d»o~~n ins~rencf • plsced on ~ny of said bviid~ngs, any interesr fhere~~ or part the~eoi, unlrss in t)w form and with tF~s tou payabte as aioresa~d; and in the event any sum of money bccomes payabk unde~ such policy a pol~ciea iaid MORTGAGEE shell have ~he op~wn to receive and apply the same o~ account of Ihe indeb~ed ne~s ~ecu~ed hareby a ro perm~l sa~d MORTGAGORS to reteive and use it ot any part thereof 10~ otncr purposes, witho~r th~.~b~ waiwing or ~n~pa~r• iny ~ny equ~ty, lien w righ? under w by virtue of ?his mo:tyage; and in the ~venl iaid MORTGAGORS shall fa any reason fail to keep the :aid premisrs so insured, d fai) to delive~ promptly ~ny of said policies of inaurance lo sa~d MORTGAGEE, or fail promptly fo pay tully any pre~nium therefor w in a~y raspett (ail to perfwm, discharge, exrcuta, eFfec+, complete, comply with a~+d abide by ~his covenonl, or any pert htreoi, said MORTGAGEE may place a~+d pay fw such iniurance u any part thereof without waiving or afFectiny ~ny option, lien, puity, w r~ghl ~nder o~ by virtue of this Mo?tga~e, and the ~ full amount of each a~d every such payment sF+a(t be immediately due and payabte •nd shrll bear interest (~om ths dats lhereoF until paid at the rate of t ~~ne pe~ centum per annum and togr:her w~th such in~e~est shall be secured 6y the lie~ of this mortgage. 1. To petmit, commit o? sufter no wasfe, impairmenf w deterioration of said properfy or any part thereof. S. To pay all and singular rhe costs, chargei snd expenses, inctuding a rcasonable anw~ey i iee snd costs of abstratls of title, incurred or paid at any time by sa~d MQRTGAGfE, 6etauae w in tAe event of the faiture on the part of the said MORTGAGOR to duty, promptly and futly perfo~m, d~scharge, execute, e((ect, complele, comply w~fh and ab:de by each and every the stipula~ions, sgreements, conditions, •nd covenants oi said promissory note and ~his mwtgage any w e~~her, and sa~d costs, chuges and expenxs, each and every, shsll be immedia~ely due and payable; whether or not theie be notice da mand, attcmpf fo colkct oi suit pending; and the full amount of each and ev~y such payment ahall bear iroeres~ from ~he date ~hereof untit paid a1 the r ~te of n~ne per centum per annum; arxi ail said cos~s, cha~ges and expenses incurred or paid, togethe~ w~th such i~~ere~t, ~hall be secured by the lien of th~~ ~ mortysye. 6. That (s) in the evenr of any breach of tbia Mo+tgags w defaulf on the part of the MORTGAGOR, or (b) in the event sny of seid wms of money herein referred to be not p~ompTly and fully paid wirhin ~h,rty l~) days next airer ~he same uverally become due and payable, withau~ demand w notice, or (c) in the eveM each and every the stiputations, agreemenrs, condieions and covenanrs of sa,d promisw~y note and th;s rtwrtgage any or either are no1 ~uly, promptly and (ully performed, d~scharged, eaecu~ed, etfected, compleied, compl~ed wi~h and ab~ded by, then in e~ther w any such event the ia~d ag~ gregste svm mentbned in said promissory nore then remaining unpaid, with imerest accrued, and atl moneys setured hereby, shal! become due and psy- able iorthwith, o~ thereaiter, at ~he oprion ot said MORiGAGEE, as lully and completely as ii all of the said sums of money were aginally ttip~iated to be pald on such day, anythirg in sa:d p~om~ssory note or in thia Mo~tgage to the cont~ary notwithstanding; a~d thereupon or thereafter a1 the optEoo of sa~d MORiGAGEf, w~ti,out nonce w demand, su+t at taw w in equity, therefore a theieaher begun, may be prosecuted as if all moneys secured hereby had matured pnw to ~ts institution. 7. That in the event that at the beginning af or at any time pending any suit upon this Mo+tgage, or to foreclose it, w to reiorm it, or to enforce oayment of any claims hereunder, said MORiGRGEE shati appty to the Court having jur~sd~ction thereo! for the eppoin!ment of a Reteiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, includmg aIf and singular Ihe income, prof~ts, issues and revenues irom whate~er source derived, each and evcry of whKh, it being expressly underatood, is hereby morlgaged as if specifically set forth and dexribed in fhe granting and habendum <lauses heaeof, and such Receiver sha~l have all ~he broad and efiective funct~ons and powers in anywise entrusted by a Court to a Receiver, and uch appointment shall be made by such Court as an adrnitted equity and a maner of absotute right to said MORTGAGEE, and without relerence to the adequacy or inadequacy of the value oi the property morrgaged or ro rhe so~ve~+cy or insolvency o! said MORiGAGOR or the defendants, and that s~ch re~rs, profits, incomc, issues and revenues shatl be apptied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and the practice of such Court, 8. To duty, promptly and fuily perfwm, discharge, execute, effecf, comptete, comply wirh and abide by each and eve?y the stipulations, sgr~ernents, conditions and covenants ~n sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged p~emises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RiGAGEE, its suctessors and assigns, may, without notice to the MORTGAOR, deat with such successor or succeswr in interest witfi reference to this mo~fgage and fhe debt hereby securnl in the same manner as with Mongagor witlwut in any v~ay vitiating a d~xha~ging the Mortgagors' liability Frore- under w upo~ the debt hereby secured. No sale of the premius hereby mortgaged and no forbearance on the pan of the MORiGAGEE or its successws or ass~gns and no eatension of the r+me for the payment of the debt hereby secu~td given by the MpRTGAGEE or its successws a assigns, ahail operate ro re!eau, d~scharge, modi(y change w a(fect the ortginal liab~lity of the MORTGAGOR herein, either in whole or in psrt. 10. It is specifically agreed that time is of the essence of this contract and that no wai~er of any obligation hereunder or of the obligatan se- cvred hereby shall at any time ~hereaffer be hetd to be a waiver of the terms hereof w of tFK insfrument sec~red herby. 11. In addtios to the iorego'ng month!y payments of p~inc'pal and interest requ~red by ihe prom~ssory nore setu~ed hereby, mortgagor covenants and ag~ees to pay to mo-tgagee v~~th eath mon+hfy pay~.~ent an add~~ional sum estlmated by mortgagee to be equal to 1~`12 of the annual cost of the follow- ir.q: A-A(I real property taxrs tevizd or assessed agai~st nc~ a6ove describcd rea! estate. 8-Premiums on f~re a~d winds~or~n insurar.ce as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar,ce as mo~tgagee shall fram t~me to t~me deem fit to carry on the loan secured hereby. Mortgagee sfiail from fime to t~me norify mortgagor in writ~~g of the amount due and payable hereunder and such sum shall thereupon bt due and ,c,ayab[e on the due oate ot rhe next monfh;y payment and each successive month thereafter urtil mwtgagee shall notify mortgagw of a change in such a~.,ount. Such sums sFail be ap~?ied by mortgagee toward the payme~t of real property taxes, insurance prem~ums, and mo~tgage guaranty insurance o~emiums. IM YJ:TNESS :vHfREOx, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Segned, Sealed and deti red in the presence of: p ~ a aq . ~ / ~I QrAO A , 1'g ~l 2'~ 8 H~1'1$ZB ~ea4 t ~ adlllt. (SeaO j ' (Seal) STATE Of FIORIDA 1 cour,rr oF St. Iucie ~ ~ Before me personally appeared ~~I'~e Craig Ftil,sar, 8 8~Q]~ 8d1~ti ~ 11R7Afe, to me well known and known to me to be the individual deuribed in and who e:ecuted the foregoing instrument, and acRnowledged before me that he executed the same for the purpose~ ~herein expresxd. ~4++~~f+e~ssid~ r.*(e~of~el~e~wid~~ ewwwiw~r:w~Y~r•~ ~rkwn~~epwM~~w~d~rp~r?~wwrhe~~si~i•iRwbewi,~~«rsnd~befe~e~+~Nw~ai~e~ e ''r:~~wiM+M+~w~~erwpeb+sn,~asnswetiw~epp~e~e.wi ~i~ee~s~ ~si~iMbawd: . • , ~ . Y,}~~ - WIiNESS my hand and official seai thi day Of + Sq; rj''19=~ ' , i s, Norary Publk in and tht Sutt f Fio~i¢s , larg~) V My Commission expiros : ~ ~ ' Retum To: HpjARr.p~~: STl1jf 0( f~OR1DA il 1~R~ First Federaf Savings 3 Loan Association MY ~piRES D~C- a4,~~ Of Fort V~er~e. Fort P;erce. Flor~da tfor.~~d 7nn+ ~'>u:'Fte unQe~•jn~s. ' ' ~ tv-`~ ~ . FlIEQ AMD REC4RDED f - c,~ ST. WCIf. COUNTY FlA• ~ 1 kOCER POITRAS ~ ~ CLERK CIRCUIT COURT e~~~ This Instrument Prepared By W0. E. Bl'aU11 aECO~a vEa~F~EO IG ~ First Federal Savings 8 Loan Association `u of Fort Piercw~ p'10~''jd8 ~ 19 9 ~3 R~ ~~3 Checked By ~~6 PaCF165~ 3~+~K ~ • _ ~ ~ ~~-.~-~,u~ , i, ~ _ _ . ~ _ _ ' ' _ ''"4.~" -'Gy'x' ~ ~ "~r.~r ~S+ ~ ~ ~ _ . _ ~a. ~~~~~~J~F~~:~~~`2.E..~4.~.~~~4~• . . _