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Home My WebLink About1784 ~ To plact and continuoualy teep on the bui'd~~g~ now a hereaiter sitwte on ~a~d I~nd and on equipmenl •nd per~onally covered by this mor?9- ag~, wi~h ~11 premiums thrrcoo ps~d in full. f~re insu~anca in the ususl uanderd poticy fo~m, in • tum approvtd by the MORTGAGEE, and winds~wm ~nsur~nce in tM wwl t+andard pol~cy fam, in a wm approv~d by tM MORiGAGEE, in ~uch comP+^V o? ~a^P+^~es as ~M MORTGi~GEE m~y directj ~nd atl fir~ ar~d w~ndatorm insurance poGues on +ny of said build~nps. ~~y Intertit therein or par~ thereof, in tF+~ ~pyrcga~e ~um afaesaid w in ~u~a Ihe~aof, sAall co~~aio ~he uswl s~anda~d mort9a9es claus~ o~ iuch othe~ dsuw a~ ~M Mo~t9agee may requu~, m~?inq the tou vnde~ sa+d po~i- . ua, each ~nd avery, parabl~ ~o said MORTGAGEE ~i ~b interest may appear, ~nd each and ~very wch policy tihall be p~ompNY ass:g~cd and del~vered to ~ r •ny held by ieid MORIGAGEE af turthsr security to iaid mo~~p+9e d~b~, and, not leu IMn 1en (10) days in advance oi the expiro+~on oi each palicy, to dr liver ro s~id MORTGAGEE • renewal therwf, IoqNMr witA a recsipt (w tM prc~++~um ol s~th r~r»wal; and ther~ ihall be no firo o+ windsio~m insu~ar+te plKed on any oi sa~d bvild~ngs. +ny in~~rett tl+Kein w p+r~ t~rwf, u~lesi in tM fam u+d wi~h tM lou paYabl~ as a~ae~aidr and in tM e~~nt any sum of mon~y bccomei p+yable under such policy w po~~ciei said MORTGAGEE shall have tM op~~on to receiv~ and ~pply the san+e u~ accovN of the indeb~ed- , ness ~ecured hereby O? 10 permit said MORiGAGORS ~o reteivs at~d uk it a+ny parl thereof for otncr purHOSes, witho~t the~ab~ wa~~i,y~ or unpair- inq any equ~ty, lien w.ight w+der w by virtus of this mo:tg+gr, +~d in ~he e~en~ wid MORTGAGORS fhall Ew any reawn isi) to kesp ths ta~d-premise~ w ~ i~sursd, or fail ro dNiver prompliy any of said poiicies of i~aur~~Ka Ia u~d ktORTGAGEE, or fait promptly lo pay fu{ly any p~em~um therefor w~~ a~y re~pect fait to pafam, dischargs, exetu~e, ~ffect, <ompfeta, comply with and abids by thi~ cove~ant, w•ny par~ he~eof, said MORiGAGEE maY p~ace a~d pay tor tuch it~wrance or a~y p+rt thereof without w~ivinp a affecting ~ny option. tien, equity, or r~ght under a by vi.tw of this Morlga9e, and the full smounl of each and every such payment shsll be immediately dw and psY+ble •rx! tMll bear intsral from the dat~ thereof u~til paid ~t the rat~ ol n;ne p!r Ctntum pa annum and togett~e~ with suth inle~csl shall be srcured by IM li~n of this mat9+ge. 1. To permit, commit or suffer no w~s~e, impairment or deteriwation of u~d prope?ty o~ a~Y WA lhereof. 5. To pay all ~~d sinyulu the cost~, chargcs ~nd expenies, inclvding a reasonable at~aney i fea and costs of abstratts oi title, incurrod or pa+d at any iune by said MORTGAGEE, txcause w i~ ~he evenl of the failure on the part of ~he ~aid MORTGAGOR to d~ly, p?omp~~Y +~d fully pe~fwm, d~uhargs. execute, effed, compfete, con+p~y w~~h and ab:de by each and every the itipulauons, agreements, cond~tioos, and covenaros o( said p~om~ssory note and ihis mw~gaye any w ei~he+. a~d w~d co~t~. charges and expenses. each and every, ihall be imn+edia~ely dw and payabte: whe~her a not there be notice ds mand. ~ttempt to tolkct a suit pe~ding; and the fvll a~nount of each and every svch paymenl thall baa. interest from the date thereof until paid al the .,~ie o1 ni~ per cen~um per annum; and all uid costs, charges ar+d expenscs incurred w paid, togafher w~th auch interest, ahall be secured by the lien of thif mOtf~i~f. 6. That i~ the eveM of any bre+ch of this Matgage or dafault on the part of the MORTGAGOR, w(b) in the event any of u+d svms of money herein refened to bs not pranptly and fully paid within thirty (30) days nexf after ~he same uveraily become due ~nd psyable, without demand or notice, or (c) in the event each and evary the stipulations, agreements, condifions and covenanis of sa;d promiawry r?ote and th:s mwtgage aoy or either a~e not ~uly, p?ompNy and iully prfwmed, d;scharged, executed, eifected, comp:eted, comp6ed wi~h and ab~ded by, the~ i~ either a any such eveM Ihe satd ag gregate sum mentioned i~ said p~omissory note then remaining u~paid, with interest aarued, and all moneys securcd Fxrtby. shall become dve and pay- ebla fwthwith, w tlxreaffer, at ihe opt~on of said MORTGAGEE, as f~lly and completety as if all of the said svms of money were or~ginally a~ipulated !o k+~ oa~d on such day, any~hing in sa:d promiuwy note w in this Mwtgage to the convary notwithstanding; and thereupon or the~eaiter at tM op~~on of said MORTGAGEE, without notice o? demand, suit at law a in equity, therefore or therea"ttH beyun, may be p+weu.~Ed as it rr.anes~ s~tuied ~'=~y nad marured pnw to ~n insti+ution. 7. That in the event ~ha~ at the begin~i~g of or at any time pending any suit upon this Nbrtgage, or to fweclose it, or to refwm i1, or to enfores paymem of sny daims hereunder, said MORFGAGfE shall apply to the Court having jurndK~ion ~hereof for the appointmm+t of • Receiver, tuch Court shall forthwith appoint a rc~ceiver of said matgsged property all and singular, includ~ng all and singular the income, profits, iuues and ~evenues from whateve~ e source derivcd, each and erery of wh;ch, it be~ng expressly understood, is hcreby mor~gaged as it speufically tet fwth •nd desuibed i~ the granting and 4 habendvm clauses hereof, and such Receiver shall Mve al! the b~oad and effective fu~ct~ons and powe~s in anywise entrusted by a Cov~t to a Receiver, and j s~ch appointment shall be made by such Court as an sdmined cquity and a matter of abso?ute right to said MORTGAGEE, +nd without reference to the adequscy w inadequacy of the valve of the property mo~tgaged or to the so~vency or inso~vency of sa~d MORTGAGOR d the defendants, and that such re~+s, profits, incanr, iuves a~d ~eversues shatl be applied by such Receiver accwding to the lien or eqvity ol wid MORTGAGEE and the practice of such CouA. 8. To dufy, promptly and {ully perfwm, diuharge, execute, effect, comptete, comply with and abide by each and every the stipulations, agreements, ~ conditio~s and covena~n in sa~d promiuory note and this mortgage set fwth. ~ 9. Thst in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ~ ?.10RTGAGEE, its succeuors and assigns, may, wi~hout rwt~ce to the MORTGAOR, deal with such successa d successw in~nterest with relerence to thia mortgage and the debl hereby secured in the ssme manner as with Mortgagor withovt in a~y way vitiatirg or d~schargi~g the Rtortgagors' (iability here- ; under or upon the debt hereby secured. No sale of the prem~xs hereby mo~tgaged and no forbearance on the part of the MORTGAGEE or its successors ' or assigns and no extension of the time fw the payment of the deb~ hereby secured given by the MORTGAGEE or its sutcessors or au~g~s, shall operate ro rc~eax, d~scharge, mod~fy change or eHect ~he wiginal liabil~ty of ~he MORTGAGOR herein, either in whole or in part. ~ i 10. It is apec~fically agreed thaf time ia of the essence of this contract a~d that no waiver of any obtgation hereunder w of tha obligation sr ; cured hereby shall at any time thereafter be hefd to be a waiver of the terms hereof a of the instrvment secured herby. ( 11. In add~t~o~ to the forego:ng monthly payments of princ'pal ~nd interest required by the promiuory no~e secured hereby, mortgagor tovenants and agrees lo pay to mo:tgagee with each momhiy payrnent an add~~iw~al sum estimated by morlgagee ?o be equnl to 1/12 of the annual cost of the follow- ,n~. A-All real property taxrs leiied or assessed agai•~st thc above descr~bed r~af estate. B-Pramiums on fire and windstwm insurar.ce as herein requ~red to be ca~ried on the improvements situate on the above d-scribed premises. C-Premiums on such mortgage guaranty i~surance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mo~tgagor in writing of the amount due and payable hereunder and such sum ahalt thereupon be due and ~ F.ayable on the due date of the next month:y payment-and each successive mo~th thereafter untit mortgagee shall notify mortgagw of a change in such ; a~,ount. Such sums sh.ail be appGed by mutgagee toward the payment of ?eal property taxes, insurance prem:ums, and mortgage guaranty insurance ~ ~ p~emiums. ; IN Y~ITNESS WNEREOF, the sa~d MORTGAGOR has hereunto xt his hand and seal the day and year first aforesaid. ~ ! Signed, $ealed and delivered in the presence of: ~ ~~f2~~~,~.. - n-+4 t ~ (Sean ~ a ~ , ~jM.. (Sea4 ~Sesl) ~ ; - } STATE OF fIORIDA ' St . Lucie ~ couNrY oF ' Before me personally appeared ~It1S gZOWIl . a~ 3 Geraldine $YOWIl his wife, to me well known and known to me to be ~ the individusls described in and who e:ecuted the foregang instrument, and acknowledged befwe me that they executed the same for the purposes. % Geraldine Brovm ` iherein expressed. And the sai ; ~ h~fe of the said Ct1Yt1S BZOWIl vpon a separate snd private ~ ~ e,am%nation by me taken separate and apart from her said twsband, atknowledged to and before me that she exet~ted said instrumeN freely and volun- rar;ly a~d withovt any compulsion, constraint, appreFxnsion~,aor fear of or from her iaid husband. ~ WITNE55 my hsnd and officisl seal this_ 5,~ `G day of A. D. 1974 ~ G- ~ Notary Public in snd for t Siate of Florids at Large My Commission expires: ~ Retv~n To: Firat Federal Savings 3 loan Association Of Fort P~erce. ~ ~~~t L'"GE ~ fort Pierce. Florida ~ ^ . L•`, i. 'i. 1. ISJ7 1?s~l1LJ:7V~ V~iw..4 4j ftii.cf~wi. ~x..~~c~a 11wLww'K9 ~~~l4.li;~~.;,~//~ . = . ~ ~ ~ ~ sr~. ~ ,i ~ ~ ~ j= . - ~ 1 - % d ~ This Instrument Prepared By RiCha~=d K. Kayes ~NU c,t~OxDE~ ~ First Federal Savi~gs 8 Loan Assoaation f14`v~~: ~0i3NtY iLA. ~ _ :~Q" f_~- _ ~ of Fort Pierce ~ FlOr~dd f PL;,EF ~ ~ :SA o~~j - • p ~ y ~ CL~RK ~ ~ . ~ C I' ~s 'Q~i . ' c-_ Checked By~ aFr~F.~ `i~i•;~f. Q 36 a~ s~~ ~.•~s~,s e~ ~ Q~ ~ ~ ~ . 400K ~O PAGE1~OJ ~ . _ • - - = - ~ ~ ~ - . < _ . . _ _ _