The URL can be used to link to this page

Home My WebLink About2311 3. To p~ace and continuously keep on tf~e Lu~'d~r9s now a hereatter ~~tuate on said ?and and on all ryu~pment sr.d peno~aNy covcred by this mo~tg- ege, with atl premiums Ihzrcon pa:d i~ full, (~re insurancz ~he uwai stendard palicy (prm, in a sum app~oved by thr MOR1GAGtE, and windsto~m f~surance in tl~e usual standa~d pol,cy loim, in a sum approved by the MORTGAGEE, in such company or cornpan~es as ~he MORiGAGEE may dhect; •nd all tire and w~nduorm insurance polic;es on any oF said buiid~~gs, a~y inreres~ ~hc~e~n or part thereof, in ~he aggrcga?e wm ~faesa~d or in excess /hereof, shall contain the usua! s~a~tda+d matgagee clsuse or such aher clause as ~he Mortgagee may ~cqu~re, making H~e loss undr~ sa~d poli- cies, each and every, payable fo sd~d A~IORTGAGEE as its interrst may appea~, and cach and eve~y such pol~cy sfatl be p~o~,ptty ais g~ed and delivereet ~o ~ny held by said MORTGAGEE as fwther securiry to sa~d mo~t9age debt, and, no? less then ten (10) days in ad+ance of the expirat~on of each poGcy, to da I~ver to said MORTGAGEE a renewat ~hereof, toge~he~ wiih a ~ece~pt fw the prrm~um ot such ~enewa~: and there shall be ~w f~re or winds~or~n insurance plxed on •ny of said build~ngs, any in~e~esf ~here~n o. par~ ~he~eof, unless in the fwm and wifh iF,e iou pay~ble as aforesaid; and irt the event any s~m of money becomp payable under wch policy or poLcies said MORTGAGEE shall have ~he opt~on to recrivr and appfy Ihe same on accoun~ o( the i~xiebted- - ness secured he~eby a ro pe~mlt said MORiGAGORS to receivs and use it w any part therrof io. osner purF:oses, ti•.:+nout ~h~.~ ui .va~.~n~ or unpd~r- ing any equ~ty, lien a right u~3rr or by virtua of rhis mor!gage; and in rhe event sa~d MORTGAGORS shall fo~ any reason fail to keep the sa~d premisas so insured, or fail to deli~er promptly ~ny pf sa~d polities of insu~ante to sa~d MORTGAGEE, o~ fail promptly ~O pay fuily any premi~m therelw ot in any respect fail to perf«m, d~scharge, execute, effec~, comptate, comply wiih and abide by ~h~s covenant, or any parr hrreof, sa~d MGRTGAG:E may piace a~~d pay (or such inw~ance or any part thereof w~~hout waiving or afiecting a~y opGon, lien, equity, or r~gh~ under w by v~~tue of this Mortgage, and th~ full amount ot each and every such payment shall be ~mmediately due and payable and shall bea~ interest lrom the dafe thereof until pdid a~ the rare of : n~ne per ceotum p~v annum and ta~rther wirh such intereat shal~ br secvred by Ihe lien of lhis mwtgage. ~ 1. To pe~mit, cQmmit or ~ulier ~o waste, impairment a deterioration of said property w any part thereof. ~i- f 5. To pay al? and singuh: t6e_costs, charges and eapenses, including a reasonable attwney's fee a~d costs of abst~acts of title, incurred or pa~d at any time by said MORTGAGfE, because o~ in ~he event of ~he failure on the part of ihe said MORTGAGOR to duly, promptty and fu!?y perForm, d~scha~qe. execute, e(fect, compiete, compfy wdh and ab:de by each arx! every the stipuleho~s, agreements, conditions, and covenants of said promissory note and thii mo+tgage any or either, and uid costs, cha~gea and expenses, each and every, shail be immediately dve and payabte; whether or no~ fhere be not~ce de mand, atlempl to Collect w suit pend~ng; and the totl amount of each and every such paymeo~ shall bear in?erest from the date ~he~eof until paid at the r.,re o! nine per cemum ~r annurn; and all said cos~s, cha~ges and exrx~ses incurred o~ paid, together wdh such int~resl, shall be secured by ~he lien of this mortgag~. 6. TF~st (s) in the event of any breach of t6is Mortgage or defautt on the part of rhe MORTGAGOR, or (b) in the eveM any of sa:d sums of money herpin referred to be not promptly and fully paid within th~rty ~30) days next afrer ~he same severally become due and payable, without demand or notice, or (c) in the event each and every ~he stipulations, agreements, ca~d:tions a~d covenants of sa:d promissory note and th:s mortgage any w either are nof ~~ty, promptly and i~lty perfo~med, d,scha.ged, executed, eftected, completed, complied with and ab~ded 5y, then in e~ther w any such event the sa~d ag- giegate sum mentipned in said p~on,isswy note then re~naining unpaid, with interest accrued, and all mon~ys s°cured hereby, shall become due and pay- ebie forthwith, or thereafter, at the op!~on of said MORTGAGEE, as fuUy and complerely as if all of the said sums of money were o~~ginaliy st~pulated ro be paid on such day, anything in sa:d promisso~y note or in this INortgage to the contrary notwithstand~ng; and thereupon or thereafter a~ the opuon of sa;d MORTCaAGEE, without not~ce or demand, suil at law or in equity, theretwe or thereafter begun, may be prosecuted as if alt moneys secu~ed hereby n~d matured pr~w fo its ins~itutioo. 7. Thnt in the event that at the beginn~ng oi or at any time pending any suit upon this Mortgage, w to foreclose it, or to re~orm it, or to enforce payme~t of any claims hereunder, said h10RTGAGEE shall apply to the Court having jur~sd~cuon 7hereot fo? ti+a appointmeM of a Receiver, such Court shail Forthwith appo~nt a receiver of said mo:tgaged property a!! and singular, inc)ud,ng all and singuiar ~he incon,e, pro{~ts, issues and revenves irom whate~er sevrce derived, each and every of wh~ch, it be~ng express~y understood, is hereby morrgaged as if speulitally xt forfh a~d described in the granting and h3bendum clauses hereof, and svch Receiver shali have alI the broad and effective funchons and powers in pnyw~se enl~usted by a Court to a Receiver, and s..:h appointment shall be made by svch Co~rt as an ad~niftcd equity and a matter oi absoiute right to said MORTGAGEE, and without reference to the adequacy a inadequacy of the va!ue oi the property mo.tgaged or to the so:vency or insolvency of said MORiGAGOR or the defendants, and ihat such ra~rs, prof~n, income, issues and revenues sha11 be applird by such Rrteivcr accordmg to the lien or equity o( w~d MORTGAGEE and the prau~ce of such Court. 8. To duty, promptly and fully perform, discharge, execute, effect, complete, tomply with and abide by each and every the stipulations, agreements, ccn~itions and covenants in sadd promisswy note and ~his mortgage set fwth. 9. 7hat in the event the owne~sh;p of the mortgaged premises, w any part tnereof, becomes vested in a person other than the MORTGAGOR, the h ORTGAGEE, ita succeuors and assigns, may, witho~t notice to the A~ORTGAOR, dea! wiih s~ch successor a successor ~n interest with reEere~ce to this mo~tgage and the debt hereby secured in the same mann~ as with /~tortgagor without in a~y way vit+ating or d~xharging !hc Mortgagors' Iia6ility here- under or upon the debt hereby sec~~ed. No sate of the premises h_reby mortgaged ar.d no forbemance on the part oi the 1~AORTGAGEE w its svccessors or assigns and rw extens~on of the rime fw the payment of the debt hereby secured given by the hM1ORTGRGEf or its succezsors or ass~gns, a5a1! operate ro re~ease, d+scharge, modily change or affect the o~iginal liab~tity of the NtORiGAGOR herein, either in whole or in pa~t. 10. It is speufically agreed that time is of the essence of this contract and that no waiver of any obiigat~on hereunder or of the obligation se- c~red hereby shaU at any time therrafter be he:d to be a waiver of the terms hereoF or of the instrument secured herby_ 11. In sdd.tion to the f~rego ng month+y payments of princ pal and interest required by the p~ort:~zscry ro!e secured hereby, mortgagar tovenants 3-.d ag.ees to pay to mo:tgagee v.~th each momhiy payrnent an add~nonal sum est~n:ated by mor,gagee to be equaf to 1; 1~ of t}:e annual cost of the follow- ~ A-All real property taars levied or ass~ssed aga"cist the above desaibed real estate. B-Prami~ms on fire anci ~n•indstorm ins~rar.te as here~n req~:red to tse carrled on the improveme~ts sit~dte on th.~ above d°scribed premises. C-F~emiums on svch morsgage guaran!y ir.surar,ce as mo~tgagee shail from t;me to time deem fit to carry on the toan s^tured hereby. Mortgagee sha!I from time to tfine notify mo~tgagcr +n wrinng of the amount aue and payable hereundrr and such sum shaii thereupon be due and :~vable on the due da!e of the next month:y payment and each sutcessive month thereafter ur,tii mortgagee shalf notify mortgago~ of a~hange in such cunt, SU~h sums s6all be a~p!ied by mortgagee toNard the payment of rea! property taxes, insurante prem~ums, m~d mortgage g My insura~ce ;.-e~niums. ~ IN Y~ITNESS Y~HEREOF, the said MORTGAGpR has hereunto set his hand and sea! the day a~d.~yea~ firs? afwes3id_ ~ ~ ' " ned. Sealed and deliver 'n the presence ~ ~ ~ sl) / , - c,~ / Maria L. t, a sin e ~~ai~ ~ Sd111t (Seal) l ~-a~ (Sea() i S~ATE OF FLORIDA i ~OUNTY Of St. Lucie ~ ~ Swift a single adult Before me personaNy appeared la L. s _ ~ __~_~iAS~Rir to me well k~own and known to me to be ~ rhe individua~ described in and who executed the foregoing instrumem, and acknowledged before me that]h~~ executed the same fw the purposes th_rein expressed. .Aw~ti~~~:d~--~----~_.~ _ _ ~ .,71~~tfl~3JT~~~~~~~~~~~~~~~~~~~~..~~~~~~~..~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~'L~. igDatata.aad pwot~ e«a+.,w~:~w i~.. w» ~a.o-s.p.?.~e +wc~.p.r? ~rsn. ~+e+ sei~ le»bewd; eekwowaedyt~ +o-and~ brfor~ n+e tFiat-sbc exece~ aeid-insnon~nrireet~ end-volerr - rxay-awi w;~hovs.swp ~,prlaivwreewsNain~; aFP*ehensiei•, ~r 1eer~of vr/hor~r her sband- WITNESS my hand and offidal seal this 2dY~L `of t 7 - ~ . . ' ~Y :a,94:.p~~ ~ , . ~ ~ ; . Notary Public in and fof the S!~te o~ Floff~e e~•tar~ , ~ , My Commission expiresc • - : i Retum To: ; ~ • r;- - First Federal Savings b loan Association " `n ~ ~ ~ Of Fort P~erce. . . , 9` ..'~r ` Fott Pierce. Florida . . ~ c ~~~f . , r ~ ~ ~n. i " . . • . s ,.,,i~;3~~l.~.4:t~i~`''~`_ Z1 This tnstrument Prepared By H. Roberts , Jr . Q First Federal Savings & Loan Association ,~E~ A~EO ~ of Fort Pierce ~ Florida ft~E~ a~ ~~~M~Y Fl~. 259'741 ; St. LUC ?~~~llAb ` Checkeci By.`~ ~ ~~K ` ~ .;,vit COUaT ~ 0 R P~~~ ~~f'EO.~-r~' s~tx 216 ~~2312 4 Za eK'z3 sb ° . ~ . , . . _ ~