The URL can be used to link to this page

Home My WebLink About2043 3. To plac~ and continuo~sly keep on tM buitdings now w hareafbr ~itwt~ on said I~nd a~d on ~~I equipmaM and penonally covered by this mwtg~ w;lh dl pr~miunu thereon Fa~o ie? fvll, fi~~ insurance i~ tM uau~l twndard poticy form, in a sum approvad by the MORTGAGEE, a~d winds~am inwranc~ in th~ uswl wndud porq f«m, ie? • wm approved by ~M MORTGAGEE, in s~ch compsny or compao~~s +s ~M MORTGAGEE may dir~ctj and all fir~ ~nd w~nduwm iruurae+c~ POIICN! on ~ny of iaid build~nps. any l~tens~ ther~in w p+rt theraof, in the ~yyrey~~e sum ~fo~e~aid or • in ~aceu Ihe~wf, shall contain ~M usu~l s~a~daid ma~9a~H clauw a ivch o?hsr clau~ ~i IFa Morty~flte may rtqui~~, makin~ tM loss under ~+~d poli- cies, ~~ch u~d every, payabl~ ro ssid MORTGAGEE ~ti in~ere~t may appear, and each and ~vsry ~~ch policy ihall b~ promptty +ss.yned and dalivered ~o t ~ny held by said MORTGAGEE as furthe~ security to u~d mor~pa9e debt, and, Iq1 (fu 1FNf1 ~M (10) day~ in advanc~ of the ~xpir~lion of e+ch policy, to dr , livtr to said MORTGAGEE a~enewal ~hereof, toye~Mt with • receipt fp tAe pramium of suth renewal; a~d ~hert ihsll be no firs a winds~o•m insurance pland on ~~r of uld build~nps, •ny imerett there~n a put thaeof, ~nless in tM fwm ~nd wi~h tM loss p+y+bl~ u afa~said; +nd in ~M event any sum of moeNy becwn~s payable under iuch policy w pol~c;~a sa~d MOQTGAGEE shall Mw the opt~on to rsceive and ~pply tM wne on account ol the indeb~ed- ~ n~u s~cur~d FwrQby a ro pe~mit said NfORTGAGORS ~o receiw and ok it a any part thereof for o~he~ pu~poses, w~~hout th:reb~ weiving or unpair- inp any eqvity, tien cr ~ghf u.~de~ a by virt~s of this morr9~r, ~nd in tM ~vent aid MORTGAGORS shall fw any reason fail lo keep ~M satd premises w ~ insured, w faif to deliver om tl ~n oi ssid licies of iniur~nt~ ro uid MORTGAGEE, or fail rom tl to full ~n e~nium the~efor a in ~n 1~~ W P Y Y Po P P Y WY Y Y W Y respect (ail to pNform, diuharge, execu~e, effect, complet~, comply with ~nd abid~ by this eovenaN, a any parf herwf, uid MORTGAGEE may place and paY fa such tnsurancs w any part thereof withour waivirg a ~ifec~inp any op~ion. lien, pu~ty, a ryht u~der or by vi~tue of ~his Mor~pape. +od ~he full amount of each and evay iuch payment shaM be imrrKdiately dw +nd p~y~ble ~nd sMll bear intereil from ths d~t~ thereof until paid at the rat~ of nins pe? centum pN annum and together with iuch interest thall be secured by tM IiM of this mort9sy~. 4. To permit, commit or suffe~ no wa~te, impai~meM a deteriwation of said p~ope~ty a ~ny paA thereof. S. To p~y all and :i~ulu the costi, charpes and expenus. includirq a ~e~sonsble attorn~y i fse snd coats of abstracts of titl~, incvrred w paid st eny fime by said MORTGAGfE, bacause o~ in the eveM of the failure on tM pert of tM aaid MORiGAGOR to duly, promptly and fully pt~fam, d~xharge. tXKUtf. eifett, compkre, comply wrth and abide by each ~nd every the itipulations, agreements, conditions, and cove~anb of s+id p~wniuory note and ~his mo?tg~e any w eifFKr, and said cosn, cMrge~ and ezpemes, e~ch and every. shall be immedi~tety due ~nd paysble: whe~her p not then be notice de- mand, attempt to coltect or suit pend'+ng; and the fvll amount of each and every such payme~t sMll bea~ inreros~ from the date the~eof until paid at Ihe ~are of nine per centum per ennum; and sll said costs, charges and expenus inturred o~ paid, togethe~ with auch intetest, thall be setured by the lien of thu mptysy~. b. Th~t in tF?e evenf of any breach of this Mortgsqe w det~vlt on the part of the MORTGAGOR, w(b) in the evenf snY of said sums of money - hrrein refared fo bs not promptty and fvlly paid within th~rty (30) days ~exl after tF?e same seve?ally become dve and payabls, withov~ demand w notice, or (c) in the event each and every the stipulations, sgreemeNS, condifions and coven~nts of said promissory note snd th~s monpage any w eitAer •re nol iuty, prompNy and tutly performed, d~xharyed, executed, ef(ected, completed, compl~ed wi~h ~nd abided by, ~hen in e~ther or sny such event the wid ag gregate wm mentioned in said promiuory note the~ remaining unpaid, with iNerosl sttrued, and all moneys secured hercby, tMll betome due and pay~ eble fwthwith, w thereafter, at the option of said MORTGAGEE, ai tully and completely as if all of the said wms of money were origin~lly st7pulated to be.paid on s~ch day, anythirg in sa~d promiuory note a in this Matgage ro the contrsry ~otwithst~nding; and therevpo~ or thereafter at Ihe opt~o~ of •aid MORTGAGEE, without no~ice or damand, suit at Isw a in equity, therefwe o~ thereafter begun, may be prosecuted as if'all moneys sacured hereby had matvred ptior fo its institution_ ~ 7. That in the evenr that at the beginning of or st any time pcndirg a~y ~uit upon this Mortgage, d to foredose i1, w to refwm it, or fo enfores payment of any claims Froreundrr, said MORTGAGEE shall apply to the Coun having jurisd~cfion the~eof tor ths appo~ntment of • Receive?, such Court shall Forthwith appoint a receiver of said mortgaged property alt and singulu, inc(ud~ng all and singula? Ihe income, profits, issues and revenues from whatever source derived, each and every of which, it being expressly unders~ood, is F+creby mortgayed as if specifically set lorth ~nd dewibed in the g~antiny end habe~dum clauses hereof, and such Receive~ shall have aIt the broad and effective fv+xt~ons snd powers in anywise e~trusted by a Court fo a Receiver, and , e~ch appointment shall be made by such Court as an admitted equity and s matte~ of absolute right to said MORTGAGEE, and wirhout refe~ence to the adequscy a inadequacy oi the vafue of the property mortgaged or to the sotvency or insolvency of said MORTGAGOR or the defendants, and that such renrs, profits, income, iuues and revenues shalt be applied by s~ch Receiver accord~ng to the lier~ or equity of said MORTGAGEE a~d the practice of such Court. ' 8. To duly, prompt~y and fully pe+fwm, dixharge, execute, effett, complete, comp~y with and abide by eath and every the st~pulations, sgreements, conditions and covenants in sa~d promissory note and this mortgage set forth. 4. Th~t in the event the owncrship of the mwtgaged premixs, or any part thereof, becomes vested in a person other than the MORTGAGOR, the NIORTGAGEE, its successors snd assigns, may, without notice to the. MORiGAOR, deal with such successor w wccessor in i~terest with reference to thls mortgsge and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating w discharging the Mortgagor~' liab~lity herr under u ~pon the debt hereby secured. No sale of the Fremixs hercby mortgaged and no fwbearante on the part of ?he MORiGAGEE or its successors or assigns and no extension of the time for the psyment of the debt hercby secured given by the MORTGAGEE or its successors or assigns, anall operate ro release, d~xharge, modify change w affect the orginal liability of the AhORTGAGOR herein, eithe~ in wFwle w in part. 10. It is spec~ticaily agreed ~hat time is of the essence of thn co~tract and Iha1 rw w~iver of any obligation hereunder or of the obligation sr cured hereby shall at aoy time thereafter 6e held to be a waiver of the terms hereof w of the instrument secured herby. I1. I~ add~tio~ to the forego:ng monthly payments of princ'pal and interest required by tFx promiuory rate secured hereby, morigagor covenanfs and agrees to pay to mortgagee with each monthly payment an addi~io~al sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on tF~e improvements situate on the above desvibed premises. C-Premiums on such mortgage guaranty iRSUrar~ce as mortgagee shaU from t~me to time deem fit b car?y on the ban secured hereby. I: Mwtgagee shall from time to time notify mortgagor in writiny of the arrwunt due and psy:ble hereundar and such sum shall tlxreupon be dve and ~ Fayable on the due date of the next ma~thty payment and each successive month theresiter until matgagee shall notify morsgagor of a change in such ~ amount. Such sums shall be applied by mortgagee toward tke payment of real property taars, insurance prem:ums, and mwtgage guaranty insurance ~ premiums. E IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto xt his han and seal the day and ye r first aforesaid. • Sig~ed. Sealed and deiivered in the presence of: ~ i S~~'~ ~*RI?S r,~~~ G!J• ~ '~5~aq ~ ~ ~ ~a~utz COURT ~ ~an • C~EfI E,.ftEO ~O . ~ , , aECOe~ v ~ ~~5 1 m_~~an ~ w ~ 1a 2S . cs~an STATE OF FLORIDA ~ cour,n oF St. Lucie ~ ~ Before me personally appeared Ch ar 1 e s W. B@ ~ 1 a~ ~llldld .S. Beall his wiie, to me well krwwn and known to me to be ~ rhe individuats dewibed in and who exec~ted the fueyoing instrument, and atknowledged befwe me that thsy exetuted the same for the purposes ~ rherein exp~essed. And the said Miriam $edll ~ Ni;e of the said Charles B@dll upon a sepuate and privat~ ~ ~ examination by me taken separate and apart from her said husband, stkrawkdged to and befwe rr~ that sF~e executed said imtrument freely and volun- ~ rarily s~d without any compvlsion, constraint, apprehens'ron, w fear of w irom het said Fwsband. ~ WITNESS my hand and official seal this day o~ Februa?r q, p, ~q 7S _ c-1-~s-~-~o ~ Notary Public in and fw t Statq,'of Plorida at lsrge ~ • - My Commiuion e:pires: ~ Return To: ~ ' r ~~~n~~] ~1 !j'^iE ~ first Federal Savinps b Loan Association _ ' ' r . ~ Of Fort P~erce. : ~ ,:f. 1. 1`iil ~ Fort Pierce. Florida ,,,,,.~~u D~ n.ucl~w~+ ~•~^~j~ IINYI~CY ~ ~ , .:f': ~ ~ 4 t~` ~ ~ This Instrument Prepared By ~ichard K. Kayes . • = 9 ~ ~ ' `n C.` . - _ . First Federal Savin s 8 Loan Associat~on ~ of Fort Pierce , Florida . ~ ,,,f ' - ~ - ' u _ _ Checked B ~ ~ ~j t ' ~ ` ~ : ~ y ~~vVV ~ : 3 S : ~ ~'s , 'J~ ~i ~ . . ' _ ~ - _ _ : ~ ~ , _ ; . - ~"'-E t _ ° _ . _ - . _ , . , ~r:~•:~