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Home My WebLink About1325 To place and contin~o~sly keep on ~he bu~!d~ngs naw or hereaf~e~ ~ituaro on sa~d land and on a~i eq~ipmanr end persona~ly covered by this matg- sg~, with all premiums thereon pa~d in full, iire ins~rance in Ihe us~~l standard polity form, in s sum approved by the MORiGAGEE, and w~~dstorm insurance in t!?s uswl standard policy fwm, Fn s sum sFprovad by ths MORTGAGEE, i~ ivch company o~ companees as the MORTGAGEE may dir~cr, s~+d +1) tire and wind~torm in~urance po~iues on any ot said buitd~nQs, any 1Ne~es~ therein or pa~t thereof, i~ the aggregate sum ~fweiaid w sxces~ lhereol, ~hall contai~ the usua~ s~andard ma~gagee clause w such other clauss ~s tl,~ Matgsges may ~equ~rs, maAin9 the loss u~der sa~d polF ciet, each •nd every, payable to ~a~d A10RTGAGEE aa ~ts iroerrat may appear, and cach and every auch pot~cy shalf be p~ompNy ass gned and delivered to any held by said MORTGAGEf as fur~he+ secu+ity to sa;d nwrtgage debt, and, not leas than ten (101 dayt in advance of Ihe expira+ion of each policy, to da- I~ver to taid MORiGAGEE a renewal therpof, loge~ha with • reteipt fw the premium of •uch renewal; and there shall be no t~re or windsro~~n intv~ance p!xed on any of iaid bvildings, ~ny interest the~ein w part ~hareof, vnless in ~M iwm and with Ihe loss payabte as afo~esaid; and in the event any sum of mpney becp„ef payable under such policy w palicies taid MORiGAGEE shall have ~he option to receive and apply the same on accovnl o( the indebted- neas ucured hereby w to permit sa~d MORTGAGORS to ~eceive and uie il a any part ~he:eof for orher purposes, ~v~~1~o~t th~..u~ .va~~ing vr ~~~~p~~r ing any equ~ty, lien or right under a by vinus of this mortga9e; and in the event i~~d MORTGAGORS shall {or any reason iail to keep the said premisas so ensu:ed, or fail fo deliver promptly ~~y of said poticies of insura~+te to sa~d MORTGAGEE, w fail promptly to pay fu~ly any pre~n~um therefor or in any respect fail 1o pa(am, discherge, execute, effect, comptete, comply with and abide by Ihia covn~~an1, or any part hercol, aaid MGRTGAGEE may plsce and pay fw such insurante or any part thereof w~thout waiving or affecling +ny oplio~, lien, equiry, or right under o~ b~/ virlue o( this Mwtgag0, and the full amo~M of each and every such paymeM shall be immedistely due and payable and shall bear int~~ett from tha date thereof ur~til paid at the rate of nine psr centum pea annum and togethrr with such i~teresi sha~l be s..~cured by the lien of thii mwtgagt. 1. To permit, commit o~ sufia no waste, impairme~t a deterioratiw~ of said property o~ any past thereof. S. To pay sll and singular the costs, charges a~d expenses, including a reaso~able at~wney's fee and coats of abst.acts of t~tle, incurred or paid at any time by said MORTGAGEE, because ot in the event of the (ailure on the part of the said MORTGAGOR to duly, promptly and fully pe~form, d~uharge. execute, effep, comptete, comply w~th and sb~de by esch and every the stipulaiions, agree~nents, cond~tions, and covenants of aaid promiswry note and this mortgage any w either, and u~d cosri, charges and expenses, each and every, shall be immediately due and payable; wheehes o? not tF~ere be notice da mand, attempt to colkcl or suit pend;ng; and Ihe full amouM of each and every svch paymem shall bear imerest from the date t6ereof until paid ~t the r~ie oi aine per centum per an~~um; and all said costs, charges and expenses incurred u paid, together w,th such iMerest, shali be setured by the lien of thi~ ~ mortya9e. s 6._T6a1 (ea ii1 the evenl of a~y breach of fhis Matgage o? default on the part of the MORTGAGOR, or (b) in the event ~ny of said sums of mor+ey ' herein.referred to bp_ not promptly and fulty paid within thirty (30) dsys next aiter ihe same uveratty becomr due and p~yebfe, wi~hout dw~.and os ~otice, or (c) in tF?e evem each and every the stipu;ations, a9rcemems, cond~tans and covenants of sa:d p?om;swry note and th~s mo~tgsge a~y a ei~Fwr ara not ;.'„^s~ra!; =^d l!'i~Y ~+e~•(nrmed: d~scharaed. e:ecuted, effected, completed, compGed w~th and a6ided 5y, then in e~tMer o~ any such eveot the sa~d ag ~regste sum mentioned in said promisswy note then remaining unpaid, with interest xcruey, and aii mo~rys ariv~~ ha:eh„ s!:a!! ~:^+~^e d.~e e.w1 pay- eble forthwith, or ttxreafter, at the oprion of said MORTGAGEE, az fulty and completely as if all of tl~e satd sums of money were or,genally stip~tated ~ ~~=d on such day, anything in sa:d p~omisswy note w in this Mwtgage to ~he contrary notwi~hstanding; and thereupon or thereafter at the opt~on of ~ said MORTGAGEE; without rto~ice w demand, svif at iaw w in equdy, therefore or ihereairer beyvn, may be prosecutod as if all moneys secured hereby ! nad natured pnot to ~ts institution. 7. ihat in the event that at the beg~nning o1 a at any time pending a~y suit upon this Matgage, or to fweclose it, w to refwm it, or fo en(o?ce paymeM of any claims hereunder, said MORTGAGEE shatl appty fo 1he Court having {v~isdiction thereof for the eppointment of a Receiver, s~ch Court ahall Forthwith appo;nt a rcceiver of said mwtgaged property all a~d singular, includ~ng .a1t a~d singu~ar ~he income, p~ofits, issues and revenues from whatever s~urce derived, each and every of wh~ch, ~t bei~g expressly understood, is hereby mortgaged as if ipeci(icatty set fortA and described i~ 1ht grant[ng and habendum clauses he~eof, and such Receiver shal! have all fhe broat! and effect~ve funct~ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointment shalt be made by s~th Court as an admitted cquity and a rtsa~ter of absolute right fo seid MORiGAGEE, and without reference to /he ndequaq w inadequacy o( the value of the property mortgaged or to rhe sowency or ~nsolvency of said MORiGAGOR or the defendams, and that such ren~s, profits, income, issues and revenues shall be applied by auch Receiver according to ~he lien or equity of said MORTGAGEE and the practice of such Co~rt. B. To duly, pror.~ptly and fuily perfwm, discharge, execvte, effed, complete, compfy wit a a i y•eat a every ~ , , conditioru and covenants ~n sa,d promi~sory note and this mortgage set forth. 9_ That in the event the owne~ship of the mortgaged premises, or any patt therrof, becomes veated in a person othei than the MORTGAGOR, the ~.10RTGAGEE, its successors and ass~gns, may, without notice to the MORTGAOR, deal with such s~ccessor or successor in inte~esf with reference to this ; m.ortgage and the debt hereby secu~ed in tht same manner as wiih lhortgagor without in any way vitiating w d~scharging the Mor~gagori liabiiity herr i ~nder or upon the debt hereby sec~~ed. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assig~s and no extension of the time for the payment of rhe debt hereby setured give~ by the MORTGAGEE or its successors or au~gns, ahall ope~ate :r!e_:~, d~~cti~~, ~+~d~fy charwe or affect the original IiabiGty of the MORiGAGOR herein, either in whoie or in part. 3 10. It is spec~ficatly agreed ~hat time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or of the obtigation se- cvred hereby shall at any time thereafter be held to be a waire~ of the terms Ixreof or of the inst~ument secured herby. I 1. In add~tio~ to tfie forego:ng monthly payments of p~inc pa! and interes! required by the promissory no~e setured he~eby, mortgagor covenants ar,d agreea to pay to mortgagee wi~h each monthty pay~nent an additional som estimated by mortgagee to be eq~al to 1;'i2 of the annual cost of the fcllow- irg: A-All real property taxes ievied or assessed against the above desc.i~ed rea~ estate..~. 8-Premiums on fire and windstorm insurar.ce as here~n requ~red to be carried on the ~mprovements s~tuate on the above described premises. C-Premiums on such mortg~ge guaranty ins~rance as mortgagee shall frorn t~me to ti~ne deem fit to carry on the loan setured hereby. Mortgagee shall ~.om time to t;me noti}y mortgagor in writing of the arr.ount dve and payabte hereunder and such sum shaN thereupon be due and Fayabie on the due date of the next monthiy payment and eath successive month thereaftcr ureif mortgagee shall notify mortgagor of a thange in suth rncwrtL $ucb swas cha:l-bo- a~p:ied.hy mortgagec iov~acd tlw _paymem_ of re~l property taxes, insurante prem:ums, a~~d mortgage guaranTy insurance c•emiums. . . _ tN Y/ITNf55 WHERcOF, rhe sa;d A10R7GAC,OR as hereunto set his hand and scal the day and yy~ first a{orewid. Sgoed, Seated an~l deliv in the presence l~ Sea~} _ rtlet D. owl z ~~,n ' (Sea~ Da 1 e A~ Rerle r (~aq ; SiATE OF FIORIDA 1 f COUNTY OF St . Luc ie j ~ ~ Y P~az~ Bartlett D. Rowler a~ 8efc.e me pe.sonan a ~A~@ FOMl@Z his wife, to me well known and krwwn to me to be ttie individuals desuibed in and who exewted the fwegoing instrument, snd acknowledged befwe me that they executed the same fa the purposes i therein expressed. And the said Dale A. F01116Z y N~fe of the said Balt~.@tt Fowler , upon a separate snd privsts s examination by me taken separate and apart from her saiS~ husband, atknowledged to and before me that she executed said instrument freely and volun- ; tarily and withouf sny compulsion, constraint, appreh iqk~. or fear of or her said husband. ~(~R s WITNE55 my hand and officiai sea{ thi ay of ' A{,:~ 17 l9 7 9 ~ ~ . `~~~~~.~~I1~1~', • , ` ' , , , _ _ _ - - . ~ 1 . _ - - - . Notary Public in and for tt~e State~, ~a•~ft• ~ ~ My Commiss'ron expires: OQ'; • ~ F Retum To: = • ~ : First Fede~al Savings d. Loan Associat~on s _ i i::..~1 _ . ~ . . _ _'~!UC':.x~~~-~ ~ Of Fort P,e~ce. } - ~.~;i.?s. ~y~~) p~;, •,c- - Fort Pierce. Florida . , . ~ . i=;,~fi~:cG:-• -ry . ~ ~ . ~ i ' ~ ' ti ~-~7 ss • - " r - u T. ~26j~~~2~ ~ . ~ This lnstrument Prepared By Gary F. Sl lwood . ; First Federal Savings 8 Loan Association ; of Fort Pierce , Rlorida FIlEO AN4 RECOROE~ ST. LUCIE ~OUMTY FL . P.OCEP. a81TRAS Checked By CLERfc C1"CU~T COURt pECORO YEfi~f If0 ~ . S~ 10 10 Ze AN'73 sb ~ = BoaK21.8 ~A~r1324 : ~ ~ : _ _ ~ ~ _ _ ~ a~_ ~ . . _ - . ~___._~e~.~