The URL can be used to link to this page

Home My WebLink About0137 To place and continuously keep on the bu~!d~ngs now or hereafte~ ?~tuste on sa~d land and o~ all equ~pment and personatly covered by thi~ mo?tg~ sgs, with al~ premiums thereon pa:d in fui1, iire insurance in ~he usval ~+andard policy fwm, in • sum approved by rhe MORTGAGEE, and win~s~o~m ~~svranc~ in tF~e uiual- Nandard pot~cy iorm, in • sum approved by ~h~ MORTGAGEE, in zuch compsny o~ companies si ~he MORTGAGEE may dired; and ~II tir~ and w~nd~~orm ~nsurance potKles on a~y of sa~d build~nyi, any interes~ therein or par~ ~hereof, in ~he agg~e9are ~vm ~faeia;d o~ In exceu Ihereof, thall contain ti~e ~suai sfandard morrgagee t~auee or such other clause as IM Ma~pa9e~ may requ~r~, makin~ the lou under ts~d poli- cie~, each ~nd evtry, payable to sa~d MORTGAGEE a~ itf interasl may eppear, ~nd each and eve~y zuch pol~cy ~hatl be p~omprly ass.gned and detive~ed ro •ny held by said MORTGAGEE ~s Iurther security lo said mortgage debf, and, not teu than ten (]0) days In edvance of ~hs exp~rat~on of each po1Ky, to dr IivN ~o said MORTGAGfE a renewal thereof, ~oge~hK w+ih a recs~pt fw the p?emivm oi ~uch renewal; and ~he~e shall be ra i~~e or windatorm insurance pl~ctd p? ~ny of said buildinys, ~ny intere~t lherei~ ot parl thereoF, unleu in the form ~i+d with tM lou payable a~ sforesaid; and in tht event any sum of money txcomas payabfe ursde~ iuch policy a pol;cias said MORTGAGEE shall havs tM opt~on lo receive and apply the same on account oi the indebted- rxu iecured hereby or ~o permit said MORTGAGORS to receive snd u~e it a any part thcreof fo~ orhe~ purposes, w~+houe ~h:«u~ wai~~.,3 or uupair- inq any equity, lien w right undea or by virtve of thia mor!gage; snd in th~ event wid MORTGAGORS shall (a sny reason fail to keep the said p~emises so insured, w fail fo daliver p~omptly ~ny of uid polities oi insu~a~+te to said MORiGAGEE, a iail promptly te pay fully sny p~emivm therefor or i~ a~y re~pect fail to per(am, discharge, execute, ef(ect, complete, comply with and ab+ds by this cove~ant, w any pe~t hereof, said MORTGAGEE may place a~tl pay for such insurance o~ any pa?t thereof withou! waiving a affectinp sey opt~on, li~n, equity, w righ~ unde~ or by virtw of ~his Matgage, aod the full amounl of each and eve~y such payment shall be immediately dw and payabte a~d thalt bea~ interest from the date the~eof uNil paid at tFro raro ol nine per centum per annum and to~ether with such interest shalf Fx secured by the leen of this mortgage. 1. To permiL commit w sufFer no waste, +mpai~mcn? q deterioratiun of said prope~ty or any part thereof. S. To pay a!1 and tinQulm the costs, charges artd expense~, irxluding a reasonable attor~ey'i fee and cos?s of abstrads of title, incurred w paid at any time by iaid MOR1GAGfE, becavse o? in the eve~t of the failure o~ th! part of tAe said MORTGAGOR to duly, promptly and fulty perform, diuha.ge. execute, effect, tomplete, comply wi~h and ablde by esch and every the stipulatlons, agrcements, conditions, and covenants of ta~d p+omissory note and thii mortgage any w either, and satd cosh, char9es and expenses, each and evcry, shall be immediately due and payable; whethe~ a not there be notice da mand, atfempt to mllect or suit pend~ng; and tM full amount of each and every such payment shall bea? interesf from tl~e date thereof until paid at the rare of nine per cemum per annurn; and all said costs, chacges and expenses i~cvrred o~ paid, together w~th such interest, shall be secured by the lie~ of this mortgag~. Q That (a) in the evenl of sny breach of this Mortgage w deisut~ on tM psrt of the MORTGAGQR, or (b) in the even! sny of sa~d suma of money herein referred ro be not promprly and fully paid within 1hi~1y (30) days aex~ after the same uve~atly become dve and payable, wi~hout demand or notice, or (c) in the event cach and every the stiputations, agreements, conditions and covena~ts ol w;d promissory note and th~s mwtgsge any o~ either are no1 ~uly, promptly and 1u11y performed, d;uharged, execured, effec+ed, complered, compi~ed wiih and a6ided ~iy, then in e~~her a any such event the sa~d ag gregate sum mentaned in said promissory note then remaining unpaRl, with interest acuued, and atl moneys secured hereby, shall become dus and pay- able fwthwith, a ~hereafte~, at the option of said MORTGAGEE, ai fully and comptetely as if all of the sa;d sums of money were w~ginally stipulated to be pa',d on such day, aaything in sa~d promisswy note or in this Mortgage to the contrary notwithatanding; and tF?ereupon or thereafter at the oprion of sa~d MORTGAGEE, wifhout not~ce or demand, suit at law w in eqvity, therefwe p the~eafrer begun, may be prosecuted a~ if atl money: secured hereby nad matured prwt to its inslitution. ' 7. Thst in fhe event ihat at fhe beginning of or at any time pendi~ any suit upon this Mortgage, or to foretlose it, or to reform it, or tq .enforce payment of any cla~ms hacunder, said MORTGAGEE shall apply to the Court having jurisd~ction Ihereof fw the appo~ntment of a Receiver, such ~wrt s-haiT` Forthwith sppo7nt a receiver of said mwtgaged property all and singular, includ~ng all and s;ngtilar fhe income, prol~ts, iuues a~d revenues from whatever source derived, each and every of which, it being expressly underafood, ii hereby mor~gaged as if speufically set fath and dewibed in the g?aroing and habendum clauus hereof, and such Receiver shall have all the broad and effecrive funct;ons and powers in anywise er~trusted by a Cou~t to a Receiver, and :uch appoirtrmertt shalt be made by such Court as sn admieted equity and a matter of absolute right to said MORTGAGEE, a~d without reference to the edequacy a inadequacy of the vatue of the property mwtgaged or to the so~vency o~ ~nsolvency of sa~d MpRiGAGOR o~ the defendants, and rhat such rents, profits, income. iuues and revenues shall be applied by such Receiver acco~d~ng to the lien or eqvity of said MORTGAGEE and the practice of such Court. 8. To dufy, promptly and fully perform, discharge, execute, effecL complete, comply with and abide by each end every the stipulations, agreements, conditioru ~nd covensnts in w~d promiuory note and Ihis mortgsge ser fwrh. 9. That in the evenl the ownership of the mortgaged p~cmises, or any part thereof, betomes vested in s person other than the lNORTGAGOR, the MORTGAGEE, its successors and assigns, msy, without notice to the MORTGAOR, deal wieh such successor or successor in iNerest with ceference to this mortgage and the debl hereby secured in the same manner as wifh Nbrtgagw without in any way vitiating or d+scharging the Mortgagors' lisbility herr unde+ o~ upon thc debt hereby secu~ed. No sale of the prem~ses heroby mortgaged and no forbearance on ~he pan of the NlORTGAGfE or ita succeasora or assig~s and no extension of the time for tF~e payment of the debt hereby secu~ed given by the MORiGAGEE or its successws or au~gns, ahatl operate ro release, aSixharge, modify change or affect the originai liability of the MORTGAGOR herein, either in whole or in part. 10. !t is specifically agreed that time is of the e:sence of this contract and that no waiver of any obl~gation hereunder w of the obligation sr cured hereby shatl at any time thereafter be held to be a waiver of the terms hereof o~ oi the instrument setured herby. 11. In add;tion to the forego:~ monthly paymems of p:inc'pal and interest required by the promtssory nore secured hereby, mortgagor covenants and agrees to pay to morrgagee wirh each monthly pay~nent an addirionnl sum estimated by mortgagce to be equal to 1/T2 of the annual cost of the follow- ing: A-Atl real property taxes levied o~ assessed agai~sf the above deuribed real estate. B-Prem;urns on fire and windstorm insurar.ce as tierein requ~red to be carried on the improvements sitvate ort the above destribed premises. C-Premiums on such mortgage guaranty insurance as mor~gagee sha{I from time to time deem fit to carry on the loan secured hereby. Mortgagee shail from time to time notify mongagor in writing of the amount due and payable heieunder and such wm shall thereupon be due end Fayable on the due date of the next monthly payment and each successive month the.eafter ur.til mortgagee shalt nofify mortgagw of a change in such a~nount. Such sums shall be applied by morfgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insurance , premiums. IN WIINESS WHEREOF, the said MORTGAGOR has hereunto xt F~is hand and seal the day year first aforesaid. Signed, Seated and delivered in the preserxe of: • / , an ~ _ O, fSeaO ; - tSean 'E _ (Seap E S7ATE Qf FlORIDA ~ f COUNTY OF St . Luci e ~ Before me personally appeared -~1dlle ~ anovan ~~r a~ ~ ~d- t~_121e 110VaII his wife, to me well k~own and known to me to be ~ the individus{s described in and who execvt~~he~i~le sV~I1QV~~~~ ~f«e me ihaf they executed the same fw the purposes ' therein expressed. And the sai i wife of the said ~lar e5 . 110V~S1 ~ r. F upon a separate and privats ~ examinntion by me taEen separafe and apart from her said husband, adcrawledged fo snd before me fhat sF~e executed said instrument freeiy and volun- rarily and w~thout any compuls'an, constraint, apprehe ~ fear of w from her said husband. ' r Jul a i9 73 ; WITNESS my hand and official sea! thiS da of y ; ~ ~ Notary Public in a w the ate of Fbrida ef large My Comm;ssion expires: Return To: ' First Federal $avings d~ loan Assosiation ; O~ Fort P~erce. '~';.".?E o! fLC41DA at LAilI~ i Fort Pierce, Flo.ida , • ikN. ~,9~~w~ _.....~a ~ ..~..~i~30 ~i~wtit ~I'!LYl7iICB ~r0 ? ~~V~O~ t . : This Instrument Prepared 8y Richard K. Kayesf~tEO aN0 ~FCORDE~ ~ First Federa! Savings 8~ Loan Association SLLUCIE C~UNTY fLA_ ~ y_ ' ' of Forr Pieres , Florida ROCEi~ F'OtTR~S .•-•••••.,~6-_~'~. ~ CIERK Cit~GU~T COURT n~ • j ~ REr,nRD Y:F'~~EO....~..~! . : V~: t ~ Checked By r = ~ p _ _ - : - ~ I~ I 3 z? PM'73 = ~ : o ~ ~ _ _ _ ~ : r; . ~ - ~ ~ _ ~ ~ 2~.7 :~,r~ ~.~5 ~ ~ _ _ - . - - _ _ _ - ~ ~e__.__ . . - ._roa~.~.~,~