The URL can be used to link to this page

Home My WebLink About0581 S. To piac~ and ca+tinuou~ly kcep on ~he buildings now o~ hereef~~. ~~tuer~ on sa~d land and on ~II aquipmt~t srd penon~liy covaed by thi~ mwt¢ ~y~, wilh all prem~um~ ihereon pa:d in (ull, firo i~iur~nce in the uiua: i+endard p<,lity form, in a svm approv~d by 1M MORiGAGEE, and windstorm inw?anc~ in tM u~wl i~sndard policy form. in • svm sppoved by ~M MORTGAGEE. in such company a co~npanip a tM MORiGAGEE may dirac~; ~r~d all fir~ ~nd windarorm insurance poiic~es w+ a~y of seid 6~ild~n~s, any inf~~t 1hCr01n O~ pirt Ilferpl. M ~M ~y~rpatt «xn ~tor~said or in exctu thereof, tihail contain tM ~~w1 standard mort9a9ea ctause w suth other davs~ aa tM Mort9agH m~y requir~, rn~kinp IM lou u~+da sa~d pdF ~ cies, each and every, payebte ~o ~aid MORTGAGEf as it~ in+ere~l may appsar, snd each and every ~vcA policy tMll bs promPNY +~a.9nad a~+d det~versd ~o eny M1d by a~~d MORTGAGEE as further secu~~ty ~o sald moltpege debt, and, nw less than ten (10) daya in edvance of the expir~t~on of each pol~cy, to da ~ liver to s+id MORTGAGFE a renewal ~hereof, fo9ether wiih a rece+pt iw the premi~m of svch renevaal; ~nd ~her~ shall bs no fire a wind~~orm 3osur~nt~ ~ J plst~d on ~ny of isid buildcnps, ~ny inte~eat tMr~in w p~rt thareof. unleu In ~he form and wifh the loss payabl~ as aiores~id: u+d in tM •vent any sum ol mon~y becomes payable under suth. polity w pol~cias said N10R1GAGfE ahall haw ths opt~on lo ncefv~ and ~pply tM tamt on atcount of tM Ind~bttd - neis ucured hs~eby o~ ro permi~ s~id MORTGAGORS to nceivs and vs~ it a eny part thercof foa other pwpoaes, w~thout th?(fU/ waiving o~ ~mpair = ing any eqvity, lien u right under or by virt~e of this morsyage; and ?n the eve~~ aid IN~RTGAGORS shall fa any re+son tsil to keep the wid premwes ?o insurcd, w fai) to delive~ p~omptly any of said polKiet ot insurance to a:+d MORTGAGEE, w fait prqnpt~y to Qay fully ~ny premium therelor or in a~y ~espect iail to perform, d~ti<ha~ge, execute, effeu, comple~v, camp+y with and ab~da 6y Ih+~ toveoanf, w any parl he~eof, said MORTGAGEE m+y place and pay fa suth insvruKe or any psrt thereo( without waiving or affectin9 any opt:on, liEn, equi?y, or right u~da? or'by virlw of this Muty~9a, ~nd tht full amount of eacA and every wch payment shall be ~+nmed~a~ely due end payaU!e and ~hall bea~ interes~ fcom ths dare thereof until pa~d at Ihe rate ot , ~.+ce~er cen~um per snnum a»d *ogeihar with such inir~est shali bc sec4red by the lien of this mortp~ge. . 1. To permit, commit w sufier rto was~e, impairmero a deteriorslion of tiaid prop~vty or any part fhereof. S. To pay ~II a++d sing~lar the tosts, charges •nd expenaea, includ~ng a reasonsble attwney s fee and costt of abstratts of tiNe, incurced or Faid N any time by aaid MOR1GAGfE, betause or in the evero of the fa~lure on Ihe part of tFx said MORTGAGOR 1b duly, promptly ~nd fully pKfwm, diuMrgq execute, effect, complet~, canply w~th and ab~de by each and every rhe st~pvlanons, a~rernie~ts, condi~iont, ~nd covenanb of said promiuory nofe +nd this mortgage any or ei~hcr, and said cosh, charges and expenses, cach and tvery, shall be immediately dve and payable;' whether a ~ot there be ~otice d~ mand, attempf lo toi{!ct or suit pending; snd ths fuil amoum of eech arxl evcry wch payme~t shall bear int~rest from the date tMreof untif paid at tht ~ r.,te o( n~ne per centum p.:r ann~m; and of! said cos~y, c~~ar~es and expenses ~ncurred or paid, together w~th suct~ interest, shall b~ secured by ths lien of tha mortyspe. 6. That (a) in the event of any brcach of this Matyage or default on ttu part of ~hr MORTGAGOR, or (b) i~ the event ~ny of s~id sums of moner herein referred lo be rwt promptly and fully paid v~•ith~n thi.ty (301 days ~eRt a~?er ~he same severa;ly become due and paysble, withoul demand or notice, or (c) in tFie event each and every the stiputa~ions, agre~ments: condiiions and covenanfs of sa~d promiuory note s~d th~s mortgs9e any w either are no1 iuly, prompily arx! (u~ly performed, d.scharged, executad, effected: comp:eted: carplied ~vith ar.d abided ~iy, then in either ot any such event tM said a¢ ~regate sum menteoned in said promissory ~ore then rema9ni~~g unpeid, w~th interrst acuued, and all moneys secured hereby, shall becane due and p~y- abl~ forthw~th, w thereafter, af the opfion oi se~d 14SORTGAGEf, a: fu:~y and compie+efy as it afl of tf~e said sums of money were wginslly stlpulated ro be pa~d on such _day, anything in sa~d promissory note or in this Mwtgayc to thc con~rary notw~rhstanding; a~d thereupon or thereafter af the option of sa~d MORiGAGEE, withcut no!~ca or demancl, suit s1 iaw ot in equity,-therefore or thereafrer begun, may be proxcuted as if all moneys tacured hereby . md marured prror to in instirution. • - 7. That in ~he event that at the bcginntng cf w at any time pending eny su~t updn this Matgage, or fo foretlose it, or to reForm it, or fo enforq ,:~ymen! of aey ciaims fiereur.der, sa;d MORiGr.Gr:: shaH apply t~ fhe Cou~t havi~~g ;u~ad~aioa thereof for the ~ppomtment of a Receiver, such Covrt shaN r~~rti~vith appoira a rece~ver a` sa:~ mo:t~aged pr~pe~ty all and sing~Iar, ir.ci.ul.ng a:! e~~d si,x~~~ar the ir.come, profits, issues and revenues from whatevet z u•cr derived, each and every ot wn:ch, beit,g expressiy ~ndc~s!ood, ~s F.rreoy ,•:origaged as if speufically set foAh and destribed in the g?s~tirg and h;E:end~m dauses heceo#, a~d such Receiver shall have ai1 the braad and rf:ecteve f~ncrcns and poweq in anywis~ enirusted by a Cw~t fo • Reteivet, tnd s, ch appointment shait be made by suth Cour~ aa ar. adm~tted equity and a ma+ter of absoiu~e t~ghl ro said MQR?GAGEE, ~d without reference to the -~eyvacy o~ inadeqwcy of t!w valu! of the p.ope:ty mortgaged or ro tne se~ve~cti or „uolvency oi ;aid AIIORiGAGflR o~ ihe defendants, and that sueh , rc••:~s, prof~ts, i~xome, lssues ~nd revenues shatl be ap~Ged by such Rrcr~ver accord~~~g to the lieo or equiq of-wid MORTGAGEE and the practice of such Ceurt. 8. To du1y, ~omptly ar+d fuUY perfpm, dixharye, execute, effect, complete, cor:~ply with and abide by each and every ihe stip~latans, agre~ments, ;o~~d~tiCns and cover~ants in said promisso~y no~e and th~s morrQage set forth. ~ 9. That in the eveM the own4tship of the ~nortgtged p!em~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the `~R7GAGfE, ifs .erccessor: and ass;g~.s, may, without no~ice to the MORTGtiQR, deal wi~h ;uch wcceuor or wccesso~ in interesf with reference to this ~:artg~e and rhe oebt ~ creby securar~ in the same manr.er as .wi~h 1Aortgago. vv~thaut in any way vitiating or diuharging the Matgagors' li~bility Fkr~ u~,der ot upon the debt hereby secw._d. No ss:e of the Frem~ses hereby rrrortgaged and no iwbearante on the par~ of the MORTGAGEE W its suctessors c, ass~gns and no ex~ension of the time for the payment oF tFx debt he.aby secured given by the MORTGAGEE a ita suttessors or auigia, shal) operate ro re~ease, d~uharge, mod~Ey change or afFect the original IiabiFty of the MORIGAGOR F~erein, eithe? in whok w in part. 10. is spec~flcatty agreed thar time is of the e:ser.c• of fhF~ contrx~ a~d thst no waiver of any obtigation hereunckr or of the obliyatiaf se- cvred h.~reby shaL' at any ti~.e ~hereafter be hzid to be a waiver of the terms Fxreof or of tFz instrumem secured herby. ~ 1 i. 1~ add:tivi to fhe forego:ng montF.'y paymer.ts of p~iec'pat and inre~cs~ requ~red by ihe prom;uory note secured hereby, mwtgagor toveoanis a~ r, agrees to pay to m~rtg3gee v.~:h eath mpnth'~y p3/a.~er.t an a7d<nona~ sum est~.-^a~ed by mortgagee to be equal to i/12 of the annual cost of the ~ollow- A-AN r.eal property taxzs levied or assessed aga~^.6t thc aoave dtsc~~bed real estate. • • B-Premvms.en fire and wir.dstorm insuracce as berein requ~red to be carreed or the improveme~ts situate o~ the above d~scribed (xemises. C-Pcemiums on such rt'ortg;ge guaranty icw•a~~ce as mo•rgagee sh~11 from t~rse to time deem fit to carry on the loan setured hereby. Atortgagee ihail iran time to time. notify mcrtgagor in wriling of ihe ar,.ount due and payabte hereunder and suth sum shall therevpon be due ~od ~ ,;ab(e on the due date of the next monTh:y prlment an~ eacfi successive manth thereafter unfil mortgagee shali notify mortgagor of a change in wch 4 ~^~unt. Such sums sFail be ap~iied by mortgag:e toaard the payment-of reel prope:ty taxet, ins~rance p~em:ums, and mwtgage guaranfy insurance ~ niums. j fN ~YiTNESS WHER~OF, she sa~d MORTGAGOR has hereunto set his hand and seal the day and year fint afaesaid. ~ Signed, Sealed snd delivered in the presence of: n Jl ~ _ - - - ~'___leSd~-C~ ~Se~4 ~ _ 2ed H. l~no ~ ~ _ !oI ~ . . (seaq _ ~landa L. Arnold S~A.TE Of FIORIDA - ' ' SS. 'C;UNTY OF St. Lucie ~ Before me penonally appeared r~ H. ~HOld W8t1aA L. Al'IIOld his wife, to me well known and known ro me to bs 'he individuals d-sc.~bed in and who execwed t}?e foregoing instrument, and acknowfedged beforc me that they executed the same for the purposes erein expressed. And the said ~~1L18~ti.-~T1GId :;~fe of tF,e said - T~ H• AlAOl~ , ~pon ~ separate.and privat~ ~,a~~nation by me taken separate and apart from her said husband, stknowledged to and before me that she exetuted said instrvment freely and volvn- .•:~y and without any cor:ipu~sion, co~stra~~t, apprehens~un, or fcar of or from F?er said husband. NlIf~1E55 my hand and offiua: seal th»__ day of ~CtO~@Y A. D. i9 74 s, ~ . ~ ~ + ~ Notary Public in and fw thq Stat f1or~~1iN~ ~ • ~ My Cammiuioe expires: ( D ; '~j,,;jrv'~ ~~j4 i ~ Returo To: ' ~ O~ ~U.7~ 1G'~ ti . : ust Fede~al Siyings E loan Associat~on - J. ~ r^: (~~~i~ Of .Furt P~erce. -1 • t-~~A ~ d3~~~. ~ ~ ~ Fo.t Pierce. Norida ~ - '•h~~ ~ - ~ ~ f LEa AMO RECOROEO : ,,~~~t 014~"13 - ~ i~.WCIE COUNTY flA. _ _ O~~t4 : ~ ' . AOCER POti1tAS _ . CLERK C+nCWt COIIRT : tl~' t;.~:' O: , This InstrumeRt Pre p ared B y J. H. Roberts .Ilc. R E C O RD YER~fIEO ;;;~;~:~;0 ~ : ~ First Federat Savings~•~ loan Association p ~ R'~:,~ <~~z~~S j ' ~t Z~ _ ~ of Fort Pierce~ Florida 33450 3 31 i H~~ ~ - ~ Checked By ~w'03 'fiv • . BOOK ~?c7J PACE dz t . - _ _ _ ,~a _ r - . - r _ E ~ ~ . ~ ~ , s,~. e fi'~?~4. ~ ,d.. ~ . „ , ~SY' 3; .~~z°_"``~~3'"j•s n _ _ '