The URL can be used to link to this page

Home My WebLink About1841 To place and continuously keep on the bui!d~ng~ now or hereafter ~7tuate or~ sa+d lsnd and on all equipment and peisonally covered by ~hii mortg~ ~gs, with •II premiums thereon pa~d in fult, fire inaurance ~n the usual surdard poticy form, in a~um app~oved by the MORiGAGEE, •nd w~ndstam ins~ranc~ in ~M uiual ~~andard pol~cy form, i~ ~ eum approvad by tM N10RTGAGEE, i~ iuch company w compan+e~ as th~ MORiGAGEE m~y~ directj and aN fir~ and w~ndsrorm insu?ants policies on ~~y of said buiid~rqs, any i~t~rest therein or part theraof, in 1~ ~yyrey~q tum ~iw~said a' - in ~xcea Ihereof, iAall con~ain tAs usual slanda~d mw~yagN clause a such o~her clauw tM Morty~ge~ may requ~r~, malinp tM lou unde~ ~a~d pol~• • cis~, exh and eve~y, payabfe to uid MORTGAGEf as its intere:r m~y appear, ~»d each and every ~uch po~icy sh~ll b~ promptly ~A:yned and delive~ed ~o~ sny held by s~id MORiGAGEE si (urlhtt teturity fo said morty~ge deb1, ~nd, not las~ than ten (10) dayt in +dvancs of tM ~xpiration of Nch policy, to dt livK to wid MORTGAGEE a renewal thereof, lopethtr with a ruteipt for ~M pnmivm of such renewal; and tAer~ shal! b~ no firs or windf~orm intvra~?c~ ptaced on ~ny of said bv;ldinys, any intereit the+eln or parl the~eof, unlea~ in ~M twm and with ~FK Iws payabl~ as ~ia~saidt and in th~ went a~y iwm of money become~ payable u~der such policy w polrcies iaid MORTGAGEE shall have ~he op~~on ro receive a~d apply the sam~ on xcounl of the indebted- ness secured herepy a ro permil said MOR~GAGORS ro receive and use b w an~ part thrreol for othcr purposee, w~thout thsreu~ waiving w~o~pair- ing any aqv7ty, lien w righ~ unde~ or by vi~tue of ehii mo:tgagr, ~nd in the event said MORTGAGORS tMll fw ~ny rea~ f~il to ke~p tM s+id prN++ises w ins~red, or fai) ro deliva promptly any of said policies of intura~ce to sa~d MORiGAGEE, or fail promptly lo pay fully any premium the:efor w in anY resped fail b pafwmi, d~stharge, execute, ef(ect, complete, comply with and abide by this cove~+an1, a a~y part hereof, said MORTGAGEE may plate and.. pay fa such insurancs w any part thereof wirhout waiving or ~f(ectirq any optan, lien, equity, o~ riph~ under o~ by virrw of thi~ Mort~ape, and the full amoun/ of each a~d ~v~ry such payment sMfl be ;mmediately dcis and payable snd shall bea~ interest from ths date lhereof until paid at th~ ~aq of n~~e per centum per annum arxl to~ether with such imerost shall be aecured by the lien of this mortpaye. : t 1. To pe~mit, commit o~ suf(r~ no waste, impairment a deteriorotion of said property or ~ny part thereof. ' t 5. To pay all and sirgvtsr the costs, chargei and expenses, inclvdiny a reawnable attorney's fee and costs of absuacn of litle, incurred pr paid at any time by said MORTGAG:E, becavse or in tl~e eveN of the faiture on the pan of tM ssid MORTGAGOR to duly, ~tromptly and fully ps?form, diuMrge. execvte, ef(ecf, complete, comply w~th and ab~de by each and every the stipulatioru, ag~eemenK, conditions, and covenants ot seid promiswry note and rhis mortyspe any or eithe~, and said costs, chargea and expense:, each and every, shall bs immediately d~e and payable; whether or ~ot there bs notice do- mand, attempl to cotiect pr suit pending; and tha fvll unount of each and every s~ch paymenl sAall bear in?eresl from the dafe thereof u~til paid at th~ ra~e of nine per centum per annum; and all said cos~s, charges and expe~ses incwred o~ paid, together w~th such interest, sAall be secured by 1hs li~n of tha morlgage. 4. ih~t (a) in the event of any breach of this Mortgage w defauh on the part of the MORTGAGOR, or (b) in the event ~ny of said iums of mo~ey t herein roferred to be not promp~ly ~nd fully paid wi~hin thirty (30) deys r?ex~ afrer thc same severalty becane due and payable, without demsnd or notite, or (c) in tAe event each and ere?y fhe stipulations, agreements, conditions and covenants of sald promiuory oofe a~~d th~s mortgage any w either are oot ~uly, prompNy and (utly pe~famed, d;scharged. ezecuted. effected, comp:etrd, complied w~th and abided Sy, then in eithcr or any svch wenf t1~e said a¢ gregats wm meMioned i~ said promisswy note then remaini~g unpaid. wi~h inrerest accrued. ~nd all moneys sec~red hereby, shall become dw and pay- able fwthwith, w thereafter, at the option of said MORTGAGEE, as fvlly ard completety as if all of the said wms of money we~e a+ginally stipu:ated ro be paid o~ svch day, anything in sa;d promiuwy oote o~ in this Morlgage to the co~trary notwithstanding; and thereupon w theresfle~ af the option of sald MORTGAGEE, without notite or dcmand, suit ar law or in eqvity, therefore w tF~eafter begun, may be prosecuted u if ap moneys setvred hereby nad matured pr~w to its institution. ~ 7. That in the evcnt that at the inni of or at an time f beg ng y pending any suit upon tRis Mortgage, a to foreclose it, or to reform it, w to enfores payment of tny claims herevnder, said MOR7GAGEE shall apply to the Court having jur~sdiction thereof for the sppo~ntment of a Receiver, such Coun shall forthwith appoint a receiver of said mwtgaged property all and singular, includ~ng all and singular ~he income, pro(its, issues and revenues irom whatever source derived, each and every of whith, it being expressly understood, is hereby mortgaged as if spet~fically set forth and desuibed in the gr~ntiny and habendum cleuses hereof, and such Receiver shall have all the brosd and effec?ive funct~ons and powers in anywise entrusted by a Cwrt to • Reteiver, and :uch appoiNrtkM thall be rteade by such Court as an admitted equity and a matter of absolute right to said MORiGAGEE, and w+thout ?tference to ths ad~quacy p inadequacy of !he value of the property mw~gaged or to the wtvency or insolvency of said MORTGAGOR p the defendants, and that such rents, profits, incorne, iuues and revenues shall be app~ied by such Reteiver according to the lie~ or equity of said MORiGAGEE and the p?attice of such Court. 8. To dv~y, promptty and fully pe~form, d~scha~ge, execufe, effect, complete, comply with and abide by each and every the stipulations, ~greements, conditions aod covensnts ~n uid promissory note and this mortgage set fwlh. 9. That in the event the ownership of the mo~tgaged premises, or any part therco~, betortses vested in a pe+son olher than the MORiGAGOit, fhe L'tORTGAGEE, its successors and au~gns, may, wirhout notice to rhe MORTGAOR, desf with such successw a successor in interest with reference to this mortgage and Ihe debt hereby secured in the same ma~ner as with Mortgagw without in any way vitiating or dixharging the Mortgagors' lisbility hcre- under or upon the debt hereby secured. No sale of Ihe premius hereby mortgaged ar+d no forbearante on the part of Ihe MORTGAGEE w its successon or assigns and no exrension of the time fw ~he payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, .hall operate ~o releax, d~xharge, rtwd~fy thange w affett the wiginal liab~l~ty of the ARORTGAGOR hereiry sitFxr in whole w io part. ~ 10. It is specificatly agreed ~hat time is of the essence of th~s contract and that no waiver of any obt~garion hereu~ckr or of the obligation sr cured F?oreby shal! at any time thereaffer be held to k:e a waiver of the terms hereof or of the instrument secured ixrby. Il. In add~tio~ to the fwego:ng monthly payments of princ'pal and interest ~equired by the promissory nore secured hereby, mortgagor covenants and agrees to pay to mo:tgagee with each monthly payment an add~~ional sum esnmated by rtwrtgagee to be eq~al fo 1 j 12 oi Ihe annuai cost of the follow- ing: ' ~ A-All real psoperty taxes levied or assessed agai+~st the above described real estate. B-Prem~ums on fire and windstorm insurance as here~n req~~red to be carcied on the improveme~ts situate on the sbove d~scribed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit fo carry on fhe loan secured here6y. Mortgagee shaii from time to time notify mor~gagar in writing oF the amount due artd payable hereunder and such sum shall thereupon be due and Fayable on the due date of the nex! monthly payment and each success~ve month thereafter urtil mortgagee shall notify mortgagor of a change in such a~r,~nf. $uch sums shati be applied by mortgagee toward the payment of real property taxes, insurante prem;ums, aix! mortgage guaranty inwrance premiums_ N WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a~d year first afweuid_ . Sealed and detivered ir tht presence of: /Z~ ap ~'K/ t5eaq ` - ~ ~ ~Seaq r~,q STATE Of FIORIDA ~ St . Lucie COUN7Y Of Before me perso~ally appeared M1111180 .T. Callahan a~ ~ Ooiothy A. C321dZ1dJ1 his wife, to me we(( icnown snd icoown to me to be y i the individwts desuibed in and who execvted the foregoing instrument, and scknowledged before me that they e:ecuted the same for the pwpose~ 3 F rherein expresud. /1nd tF~e ~a;d_ Dorothv A• Cal lahan ! wife or ,h~ ,~;d Callahan Willian .J. upon a ssparaf~ and,~xivate examinat3on by me taken separate and apart trom her said h nd, ~ck, edged to and befwe me that she executed said initrvnt~fj~,~ri~t'vot~o- ; rarily and without any computsion, constrai~t, apprehe/rt;i4lf,l~r e~yf y rom id husba ~1 ~~lkr O(~w , ~ WITNE55 my hand and official seal tbi ~ v da of ` s `&~~3-- ~ ~~Lf4 A~~ ~f~ f Nofary Public in and fw the Stat~f`~tor(da ~Lr9e ~j $T. tUClE C~.3N ~Y LA. My mm~uion eapires: - , _ ' ~ ; d _ ~ ` Refum To: ~~:r.t' 1~65 ' ~ ' ~ ~ Fint Federal Savings d~ loan Association CL~RK ~Uii COUt~T ; ~ ~ ~ r, ~ q~~,~; y_.1:,tE?~ ~ . ~~'*E;c; qi~in~~+ ~s~~ ~ ; c.`t, ~ - : Of Forf Plerte. ' ti 1~: '~~~,1A~. . j977~ : r~ ~ fort P~erce, Florida ~ • . ~7. C• ° o ~'73I~ ~ . ~::.k~ ~ : 4 R, ~ : ,1u~ t0 IU - • , , ~"FAT E 3 ~'Y~ - •rr::~-:it?+" i This Instrument Prepared By J, Hal Roberts~ Jr. ~ First Federal Savings & toan Association ' ~ of Fort Pierce~ Rloiida ~ Checked By ~ ! ~~C~s ~~~g~~ , i 4; -ai ...~c.»~~.~° ,..n~ ..r.~_~ . . _ _ r*, ~.:"..s~`3:~