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Home My WebLink About0268 3. To pl~c~ and continuously k~ep on ths buildingi naw w M.eafta fituat~ o~+ said land and on all cquiprnent end perwnally cove«d by this mort¢ witA ~il premivrru ~hsreon pa~d in tull, fire insw~nce ths uw+i seandard pol;ty fam, i~ • sum approvad by tM MORiGAGEE, and wind~torm inswanq In tM uiwl ianda~d pol~cy taM. + sum +PP~oved by rt+~ MORTGAGEE, in wch 'tompany a compan+~s u The MORTGAGEE may a~rectt ~nal aii ii~~ ano w~~waiw~~~ ~~~~~a,-.~ r:::::.s :.i e~7 ef sa`~ -`-=~'-a'+~': ~'*Y ~w.at tl+ar~in w part thereoi, in tlw agyrep+h wm ~fatsaid w tn ~ztesi thereof, ~MII contain Ihs ~sual standa~d mortga9e~ c~suse a such o~her clause ~s tM Nlutpag~e may reqv'u~, makirp tFa lou unde~ uid poli~ k~ c~es, each ~nd ewry, payabte to u~d MORTGAGEE ss ~ti inte~est may appear, snd each and svery ~uch po~+cy shall be promptly ats g~xd and delivered ~o ~ny held by s~id MORTGAGEE as fur~her secunty to said mat9aqe debt, and, nbt teu tMn ni? (10) days i~ advance of th~ expir~tion of each policy, to dr IivN ro Nid MORTGAGEE e rentwal thereof, fo~elhK with a reteipt for the p~ertuum oi suth ?enewal; and there sMll be no fir~ or windstam insu~~nt~ plapd on se?y of said buildinys, ~ny inter~sl. ther~~e or pui ii~rrui, v~~i~,~ ;:.a iar:: 3nd with the lou payable as afwesaid: and io the ovenl ~ny sum of mo~ey becom~s payable undK s~ch pol~cy w po~Kies said MORTGAGEE shall h~v~ th~ option 1o ncsiva •nd ~pply th~ same on accou~t of the indebted~ neu sacwed he~eby o~ to permit said MORTGAGORS to rccaive and uss it a a~y part thereof tor o~her purF,oses, wi~hout ihrreb~ wa~+i~iq a unpaie• +i' iny sny equiy. G~n or ri9ht ~nder w by vutus of this mortga~e; and in the eveM ta~d MORTGAGORS shslt for any reasa? fail to keep the said p?~mites w ; insured, a fail to deliver ptomptly any of said policies of insurante 1o uid MORTGAGEE, o+ (ai! promptly to psy tully sny premium thersfw a i~ any resp,.~ct fail to perform, discharge, exetule, eifect,~ complete, compty wivh ard ~bide by this cove~+ant, or any part ha~eof, said MORTGAGEE may pl+ca and pay fa ~uch insurance o~ any part thercof without waiving w af(ecYa?~ any option, lien, equ~ty, a ~~ght under o~ by virtus of lhis Mortgage, ~~+d tM full ~mount of each and evtry such paymen~ shal~ be immed~+te~Y dw ar+d psyable and shall bear interest from 1hs da~e 1F+ereof until paid at the raee of n~ne pe~ cent~m per ~nn~m and togethe• with such intere~t sheli be secured by 1he i~en of lhis mwtgage. t. To permit, commit w suffer no wute, impairme~t or deteran~7on of said praperty w eny part thereof. S. To p~y •II ar~d singulH the cwb, ch~rpes a++d exp~nsea, ioclud'up a reasonabls attoar?sy's fee and coa» of ~bstracb of title, Incv~red w p+id st any time by said MORiGAG:E, bacause or in the avenl of th: failure on ~he p+?~ of the said MORiGAGOR to duly, promptiy a~d (ully pe~fwm, ditcl+arge, executs, effect, complete, comply with and ab:de by each and every the ~tipul~na.s, agreen,ents, co~di~ions, and rnvenana of said promissory note arid thii mortgage any a eiflxr, and sa~d costs, clmrpes and expenses, each ~nd avery: shafl bs immediately due and p+y+ble; whetMr o• there ba no~ite dr mand, atternpl to talecl a suit psnd+ng; and the ftMl amounl of eath and every svch payment shall bear interesf irom the date thereof untii p~M at th~ r~Te o( nine per crntum ~r an~n~m; and alt said costs, charges and expenses incurred o~ paid, together with ~uch intereit, sF?all be setured by the lien of thii mortgsge. . _ 6. That (s) i~ the evet~t of any breach of this Mwtgage or deiault on the part of the MORTGAGOR, a(b) in the event ~~y of uid sums of money herefn ref~rrad to be not promptly and futly paid within Ih+rty ~~30) days r?ex! a}ter the same xverally betome due and payabl~. witho~t demsnd w not~ce. er (c) in the event each u~d every the snpulatiorn, agraeme~ts, conditions and covcnants ol sa~d promiuory note and th~s matpage any o~ ~itha~ an nol i~ly, promptly and futly performed, d+xharged, ezecuted, eifeUed, camp~ered, compiied with and abKled Sy, then in either w any iuch eveM the said a¢ g~egate sum meNaned in sa~d p~om~asory nosr then remaining unpaid, with interest accrued, and all moneys secured hereby, ihall_ betome dut and p~y- aoie forthwith, w thereafter, a~ the oprion of sa~d MORTGAGEE, as fvily ~nd comptetely as i! all of the sa+d wms oi money_were aig~oally ttiputated to be pa+d on such d~y, anything in sa:d p~omaswy note or in this Abrtgage to ~he contrary rtotwiihatanding; and thereupon w thereafte~ at the option of sa;d MORTGAGEE, w~thout notice or demand, suit at law w in equity, therefwe or ~hereatter begun, may be prostcuted as if ~II moneys secvr~d hereby nad matured pnor to i~s i~stitut~on. ' 7. That i~ the e~ent thaf at the br9inning oi or at any time pending any suit upon this Mortgage, o~ to fwetlose it. w fo reform it, q to Mforoe payment of any cla~ms hereuRdor, s~id MORTGAGEE sfiall appty to the Coun having ~urisd:ction thereof fw the appointme~t of s Receiva, such Co~A shall fcrthwith appoint a receiver a( s~id mortgagrd propz.=ty aB and singutar, includ~ng aIl arxl singular fhe income, profits, issues and revenues fcom whatevet - scurce derived, each and ever~r of whlcfi, it being exgress!y undeistcod, is hereby moregaged as ii tpe~ificstly seY fprth and deWib~d ir1 1Ma gtamin~ and habendum c~auses hereof, and wch Receive: shali have all the b~ and ef:~:*.::~ :`~~,=:v:~.s a~ powers in anywisa Muvsted 6y a Covrt to a Reteiver, •nd s~.ch appoin~ment shaSt be made by such Court as an idmitted equity +nd a rralter of abso~ute rigM to iaid MORTGAGEE, u+d w~thoet reference to ths adeqvacy o~ ~nadequacy of the value of the prope~ly matgaged w to ~he s~~vency or insowency of said MORTGAGOR w ihe defendants, and that svth rems, profits, incane, iuues a~d revenues shall be applied by such Receiver accorw+~g to the lien o? equity of wid NIORiGAGEE and Ihe practiu of such Courf. 8. To duty, promptly and fully pe+twm, d~scharge, execut., effect, completr. comply with and abide by each ~nd~every the stipulations, agreemenri, rondiYwns a~d covenants ±n sa~d promisso?y note and this mortgage set fwfh. 9. 7hat in the event the ownership of tlw mortga~ed {xen+~ses, o~ any part theteof, becomes -vested in a person other tfian the MORTGAGOR. th~ ~',ORTGAGEE, its wccessors and eu~gns, may, wirhout notice to the MORTGAOR, deai with such succeuor or wccessor in interest with reference to )his :,,ongage and the debt hereby secured in the same manner a~ with Mortgagor without in a~y way yitiatiny or dixharging the Mortgagors liability hers~ under or upon the debt hereby secured. No saie of tFx Frerniirs hereby mortgaged and no forbearance. on the part of the MORTGAGEE a iri wccessors or ass~gns and no eatension oi -ine i~~~~r iw i:.~ ~.ey.v~+.: „t :S.a .Sebt hereby setured given by the MORTGAGEE or its successots or assigns, slull operaN ro release, d~schargs, mod+fy change or aftect the origmal ~iab~{:ty of the MORTGAGOR herein, either in whole w i~ parf. 10. It is specifically agreed that t7me is of the essence of this contrstt and that no waivtr of any oblgation hereunder or of the obligation so- cured hereby shall a~ any time thereafter be held to be a waitier of 1Fr_ terms hereof a of the instrument secured herby. _ 11. In aJd~tioi to the fo~ego:ng month;y paymants of princ'pal aod inrerest required by the promissory ~ote secured hereby, mortgagor tovenants a~d agrees to pay eo mo:tgngee w~~h each mp~~h~y paymrnt an add~!;onat wm estimaeed by mortgagee ro be equal to 1/12 oi the annual ~ost of the follow- ~~,g: . A-A!I rea~ propeity taxes tevied u assessed aga~nst the above desuibed real estate. B-Pr~miums on fire and windstorm insura+ice as here~n reqti~red to be tarried on the improvementa situate on ihe above deacribed premises. ! C-~remiums on sucfi mwtgage guaranty ir.surance as ~nertgagee shall from time to time deem fit to carry on th! ban secured heraby. ~ Mortgagee shall from time to t~me notify mortyagor in writing of the amount due and payabie Ixreunder and such wm shall thereupon be due and ~ ;,ryabt'e o~S the due oate of the ~ext month:y payment and eath succezsive month thereatter ur.til mwtgagee shall oofify mortgagor of a thange io such ~ a^.ount_ Such sums shall be applied by mortgacee toward the payment of real property taxes, irouraoce -prem.vms, and mortgage guaranty insurance p•emiums_ , IN WITNESS NHEREO~, the said MORTGAGOR has hereu~to set his hand and seal the day aod year fint ~esaid. . ~ Si9ned. Sealed and deli :ed in tFx presence of: ~NG RECOR~Eq F LEO ,~t ~ ~ :~.lUClf ~OUIITY Fl~. ~ rie . : n , ROGE~ F~i1RAS ~n CLERK C+~'~CUt~~~~~i _ widow and survjivin9~ s use - RFCOF'° Vff F.~O P~ (Seaq _ ~ ~ O' ~ cif _Tehn V _ ylinQo . Sr • ~aq~ ~ S~ATE UF FLORIDA ' ~ - ~ ~96173 - counTr oF St . Lucie Befwe me pen«wl{y appeared riarie ? MinQo. un~`e~tTied ttidoir and survivine~.nouse ofJolul~.N~go~ \ _ ____________~_~_-~-_--_~_--_-~_~_~-_-_-~~-_-11i~.V~AfET6 d1! wE~~ Rn~wn and knOwn 10 me'f0 b! ~P ~ rhe ind'nidual desuibed in and who executed the fwegang instrument, and ackrwwledged before me that~he executed the same fw the purposes therei~ expressed. /odlhe'sei~--~-~---------------~---------~----____-------__.---~-----------= 1 t .>:~e-eF-th~rseid--------~-----------------~-----------~---------__~_----~-eponsseperete~nd-peiwte- ~ e.ern~netierr-by-+*rtekeer separat~ s+xl apart-from-fierseidirosband.-admowledged'W and~flfO~! 1~'tFDf ffia TxlQlted ial~ h?tt~CrtilNf fTlel~'afd'~GhJ1F ~ «:~ir ae+d-vr+tfie~? eny-compohiorr, tonst~inr, sppse .-or-fear af~a-fro+niie~-saie f~ustrs~ f WITNE55 my hand and olficial seel th;i__ day November p, 19 74 , . . Notsry Public in and fw the e of fbr' at lar~t ~ My Commiuion txpites: Rewm To: ~ ~ i~.< ~~F~, ~irst Federol Savings a loan Association ,~;~~+rf.i4~;f;s,~;: , Of Fort P~erce. : ~'~;i-~, ti'j.'r.. ~111i~1flt;;~ x: .~y, Fort Pirrce, Florida c qy~ N: ~7 ~,%~.`;V i:1 ~ ~ h~~~ J~r : .~~t ; *A ~ ~,.,~~`r This Instrument Pre red B Robert A. Swisher Jr . '~:.~44- ~ First Federa) Savings & Loan Ass ciation ~ z ~ : ' : .:~±d~ ' of Fort Pierce, Florida 33450 ;~'~'~'~'"~C,~`~ ~L: : ~ r. ~ts.~: :-~~,F- . . Checked By • ~Q' ~ f ~ M ~ R ~ ~ ~ ` ~ • , . go~~ 234 P~~ z68 - ~ SW - - - - ~3' ~'P :~,,'`z;"- ; - x ar . ~ ~ . . _