The URL can be used to link to this page

Home My WebLink About2272 To place and condnvously keep on ~hs bu~:d~ng~ now or hereaf~a situe~e on sa~d land and on aU equ~p~~ent and pe~sonally covered by ~h~s mai~ •gs, w~ih +11 premiumf Ihercon ps~d i~ full, liie inw~ence in ihe usual standmd po~iq forrn, in ~ sum appiov~ed by the MORIGAGEE„ and w~~dstwm ~ s~ ~nsuranc• in the u~wi ~tanda~d pol~cy iwm, in a sum ~pprovvd by ~M MORiGAGEE, ie? tiuch canpany o~ canpan~es aa ~M MORTGAGEE ~++Y . d~retl; and all (i~~ a~d w~nds~orm inaursnce polKiet on any of sa~d bui~d~ngt. any intereel therein w parf Ihareof, in ~FK aggrega~a ium afaeufd w in ~xcess thereof, shall conta~n ~he usual standard rno+~gage~ clause a such othe~ daus~ ~s Ihe Matya~es may requ~re, ma4irr9 Ihe lou unJa ta~d po~r des, each arrcl overy, payable ro said MORTGAGEE as ~h ~merest may appea~, and each and eve+y such poGcy shall Ix promptly +ss ynrd and de~~vered w any held by sa3d MORIGAGEE as iur~her securiiy 1o said mwrgage debf, and, not less IMn ten (!0) days in advance of ~he expirN~on of each po~icy, to d~- liver ~o taid MORTGAGEE a ~eaewal Ihereof, toge~her wilh a rece~p~ for the premium oi such renewal; a~d Ihere sFwll be ~o f~re or wirufstorm insuranc~ pleced on ~ny of u~d buitd7ngs, any inte~esf there~n or pa~t thereoi, unless in ~he ~orm and with Ihe loss payable as aforeseid; ar+d in tht evenl anY sum , of money becomes payable unde? such po:icy w po~kies said MORTGAGEE shall have ~he opt:o~ ~o receive and apyly the u~ne on accounl ol tl+e indebted ness secured hereby a fo permit uid MORTGAGORS lo receive ar.d use it or any pa~t the:aof ior othe~ purF~osrs, w~thout Ih:~~ol waiv~.~g or unpe~r- ~ ~ng any equ~ty, lien o~ ~~ght under o~ by virtue of thi~ mortgagr; and in the event ta~d MORTGAGORS shall (w any reason lail to keep ~he said premisrs w j~' insur~d, or fail to detive~ promp?Iy any of said policies of insurance to sa~d A10RTGAGEE, or fail promptly to pay 1u~ly any p~a»wm therefor o~ in +ny reapect fail to perfpm, d~stha~ge, execute, etfect, complete, comply with and ab+de by this covenant, a any p~ri hereof, sa~d MORiGAGEE may pl~ce and pay (o~ such insurance or any parl thereof w~thout waiving or •ffecting any option, lien, equity, or righ~ undrr w by virlue o~ this Ma~gage, and tht f.,ll smount of eath and every fuch payment shall be immediately due and payable and sha~l Frzar interest Irom ~ha date thereof until paid at the ra~e ol n~ne per cenwm per annum and to~c~ha~ with such interesr shali Ix secured by the lien of this mortgage• 4. To permit, commit or sufier no waate, impairment or deterioratio~ o( said propery or a~y pbrl thereoi. 5. To pay all and singula? the costs, charges and expenses, inclwiing a reasonable anwney i fee and cos~s oE abstracts of t~tle, incurred w paid af any time by said MORTGAG:E, bxause ts in the event of the fa~(ure o~ the Fart of the said MORTGAGOR to duty, promptly and fv11y pe~form, d~scha.ge. e,ecute, effeu, canpiete, comp~y w~th and ab:de by each and every the st~pufanons, sgree~~ents, condit~ons, and covenants oi said promiswry note and thii mortgage any or either, and sa+d costs, charges and expenses, each and every, shall be immediately due and payable; whether w not there be not~ce da mand, attempt to collect or auit pend~ng; and the fu~l amount of each end every such paymrm shall bea. interest from the date thereof until paid st the ~.,~e oi nine per centum per anuum; and all said costs, chaiges and expenses incurred or paid, togethzr w~th such imaest, ahall be secured by the lien of this morigage. 6. That (a) in the svent of any breach of this Mwtgage or default on the part of the MORTGAGOR, or (b) in the event sny o} said sums of money herein refened to be not prompUy and fully paid wi~hin th~rty (30) days next afte? ~he same severatly become due and payable, wiihout demand or eotice, or (c) in the event each and every the stipulations, agreemeots, conditions and covenants of sa~d promissory oo~e and th~s mortgage any or e~ther are oo! i~Iy, promptly and +vlly performed, dncharged, execured, etfected, compieted, compGed with and abided 5y, then in e;ther a any such evem the said ag ! gregate sum mentioned in said promisawy note then re~naining un~aid, with interest accrued, and all moneys secu~ed hereby, shall become due and pay- ; eb'e forthwifh, or thr~eaiter, at the option of sa;d MORT~GAGEE, as fully and completety as ii aM of the safd sums of money were or~yinatly st~putated ~ ro be pa~d on such day, anyth~ng in sa;d prom~ssory nore or in ~his Mwtgage to the contrary notwithstanding; and thereupw~ w thereafter a~ the op~=on of ~ sa.d MORiGAGEE, witF.out rwuce or demand, suit at law or i~ eq~ity, lherefore a thereafter begun, may be prosecuted as if afl moneys ucured hereby z n_d matured pnw lo ~ts instiWtion. i 7. Thai in the event that at the beginning of or at any time pendi~g any su~t upon this Ntortgage, or to ~weclose it, w to reform it, or to enforce payment of any claims hereur.der, said MORTGAGEE shalt apply to the Court having jurisd~ct:on the.eof for the appo~ntment of a Receiver, such Court shail i Forfhwith appoint a receiver o( said mo~tyaged prope~ty all and singular, inciud~ng a{I and s~ngu~ar the incon~e, p~olils, issues and revenues irom whatever sou-cr derived. each anJ every of wh~ch, i1 being express!y unders~ood, is hereby mortgaged as if speuiically s~t forth and deurib~d in the graMing and t~abe~dum dauses hereof, and such Receive~ shail have all the b~oad and effecnve f~nct~ons and powers in anyw~se e~trustrd by a Court fo a Reteirer, and s_ch appointment shalt be made by such Court as an adminrd equity and a matter of a6so~ute ri~ht to sa~d h10RTGAGEE, ~nd without refere~ce to the adequaq w~nadeq~aq of the value o( the property mortgaged or to the son•ency or insoivency of sa~d 6tORiGAGOR o~ the defendants, and that such re~~s, profits, income, issues and revenues shall be applied by such Receive~ according to the lien or equity of said MORTGAGEE and the prattice of such ; e Gourt. 8. To d~ty, promptly and fully perform, aischarge, execufe. e(fect, comp~ete, comply w~rh and ab~de by each and every the stipulations, agreements, conditions and covenants in sa~o promissory note and Ihis mortgage sel forth. ~ 9. ?hat in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person othe? than the MORTGAGOR, the f ~RTGAGEE, its succeszors and assigns, may, wiihovt norice to the ~'~ORTGaOR, dea! w~th such s~ccessw w successor in inlerest with reference to this . c•tgage and the debt hereby sec~red ~n the same manner as w~ih 1Aortgagar w~tFw~ut in any way vitiating or d~xharging the 1Jbrtgagors' liabiiity her~ ~^de~ or upon the debt hereoy secured_ No sa:e of the Fren:~ses hereby mor?gaged and no fo~bearance on the part of the MORiGAGEE or its sutcessors e~ assigns and no eate~sion of the time ~or the payment of the debt hereby secured given by the MORTGAGEE w its successors or assigns, ahall operate ro re~ease, d:scharge, mod~fy chan~e or affect the orig~nal liao~l~ty of the N.ORTGAGOR herein, either in whole or in pari. 10. 11 is speufically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- c~red hereby sha? at any time tbereaf~er be he:d to be a wai~er of the terms hereof or of the instrumeM secured herby. I 1. In add.ricn to the forego'ng monthly payments of princ pal and interest req~ired by the prom~swry oete securrd hereby, morigagor eovenants s•.d agr_es to pay to morrgagee with each ~non+hly pay+.:er.t an add~~ional sum est~mated by mortgagee to be eq~al to 1~ 12 of the annual cost of the follow- i ~y~ 5 A-All real propcrty ta,crs lev~ed or assessed agai•~st thc above desvibed real estafe. 4 i B-Fremwms on fire and windstorm insurance as here~n requ~red to be carried on the improvements situate on the above described premises. C-Premiu:ns on such mortgage guaranty ir.wrar,ce as mo~tgagee shail frcm r,me to time deem fit !o carry on the toan sewred hereby. Mortgagee shai! f:om fime to time nohfy mortgeger in wriung of the amounl due and payable hereunder and such sum shall thereupoe be due and I ,.~b~e on the due oate oF the next month!y paym.em and each successive rnomh thereafier urtil mwtgagee shall notify mortgagor of a change in such i : oont. Such s~ms shai! ~e ap~!ied 'oy mwtgag~e toward the paymznt of rea~ properry taxes, insurance p~em:ums, and mo~tgage guaranty insurance } ~ ;~~•emiums. ~ IN Y~ITPJESS NHER OF, the said MORTGAGOR has hereunto ses his har.d and seal the day and year first aforesaid. i ~ Si rxd, Sealed nd d ive~ed i he resenc of: ~p ~ /\l/_ 3~~ J,~ 9 P ~f 41~~ ` :+t r ~ ~~,..Gik.~.~~- ~ ' ~C.LUC1~(t;;jhT?f~jlA. ` hGE.r : ,r~~.at~..c.o!'i Ro~.~;, . -~~~~S ~ Bertha Louise MaClendon ~,q C~E rt :,vtF ~ol~ a single adult ~s~,n p~~nr.t - ~ Rcll L7 ~'i'A (SeaO ; ST:+TE OF fLORIDA ~ ~ s~~ ~ COUNTY OF St . Lucie ~ ~ ~ Befwe me ~«~nr appeared Beztha Louise MeClendoa, a single adult ~ ~ sfdt~il(a~ to me well known and known to me to be ~ tF.a individual described in and who executed tM foregoing instrument, and acknowledged before me that she ezecuted the same for the purposes # ~ rherein expressed. ~~t~1iT~ - ~ =sls~~Fsi~k! - d!lfb~~f~~1!'!f! ~ ~~AfItl11s10~iR a~er'f~aiiaiEf~st~ls~~di~dUR11~A~i~~ifiiatil~iRi#ahiAd=b~eR~RR~3bi3~ii8iRe~e~7~1~~~~ ~Fl~iN~ , R~~'-Aa1F71w1Fi0.~R~RibS+i. WI i~:~r hand ~i?d offecial xal thi~ - day of MaYCh A. D. 19 74 . .,~i lifrr ~ „ _ / i: ~ c - - . ~ C..CiY Rq ~ . ~ . Notary Public in and for the e of Fbrida at Large ~ ' ' ; ~y'' My Commission expires: ~ ' Q ~ i~ .Qetwr~(,4A.- ~ lin~Federal, Savingi; Loan Associanon ~ F `~'~t•.-. ~ , L~~ • or ~6.~ p:e+te. Netery ?vbtK. Srore •f Ft.rid. a lor~• ^ ~J `f ~qrt ~~~:,P,~, ~flerida Mr GewwisN~n Eapa~s Oet. 117i ' ~ ~ ~ ~ M1~d~d by /1en~~+con fir~ Cotvalty C~. ~ .f ~ . • l~- ~ : = ~ r~~~`"'l;hig~li~strument Prepared By Jph~f W. COllins ` ~ First Federal Savings 8~ Loan Association ; of Fort Pierce , Flotide ~ ~ Checked By ~ , R, ~ ' ~a°~'~5 ~ ~ ~ . . - - ~ - - - f~ = xtvy-~ ~ ~w,~- ~za~,~,by ~ a.s,'~-3- w~" ~ t _ _ ~ ~ t . . . _ ~f _ .