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Home My WebLink About0510 To p!~ and conNnuo~~ly keep on ~M buitdinpa now o~ hx~aitK ~itv~t~ on i~id land and on atl pu~pnent ~nd p~nonally covsr~d bY ~hia mor~ w~th ~U premiwnt iFwnon pa~d in full, firo iru~r~nce ~e tM uw~l tund~rd po~ity fo?m, in • ~um approv~d by tFw MORTGAGEE, ~nd winds~wm kawanc~ tn th~ uswl tt~ndan! pol~cy fam, M a sum approved by tF+~ MORTGAGEE, in wch compa~y ot compani~s ss IM MORTGAGEE mar dirMt and ~II (N~ ~nd wi~twm inwra~q policies on sny of said bvild~nps. any iNSr~~t thsrei~ or pa~t tl+er~of, in tM appregat~ ~vm afp~uid a In ~xceu thcnof, ahall conuin t}w uswt ~tandud mor~ga9~s cl~us~ os such otiwr ciaus~ ~s tM Ma~9pe~ may ~equu~. maki~p IM lou ~ndM said poiF r cia, e~ch ~nd eve~y, pay~bl~ ro uid MORTGAGEE a~ it~ iroerest may app~ar, •nd each and ~vc~y tvth policy ~MI~ b~ prompliy ass:yned and detivered ~o t ~ny Iwld by said MORTGAGEE ~t (urther secu~ity ~o ~id mwtyp~ debl, ~nd, no~ ka ~han ten t10) d~ys In ~dvanc~ of th~ ~xpirat~on of e+ch polKy, ro dr ~ ~ liwr to s~id MORTGAGEE a r~~awal thsrwi, foqethK with a rectipt ip Ihe premium ot suth rtntwal; ~~d tMn aMl1 b~ +w fir• a windstam i~swa~t~ plaad on ~ny oi uid build~+ys, any in~~.ss~ thHew+ a pu~ thereot, unless in ~he form u+d with the loss payable a~ +(wtsaidj and in tM evsnl a~y sum " of monty become~ pay~bl~ vnds~ wch polky o~ pol~citi said MORiGAGEE sM11 Mvs tA~ opt~on to r~ceiw and ~ppty 1h~ sueN on ~ccount of tM b?debted~ nsu t~cured hereby a ~o pamit aid MORiGAGORS ro receivs and us~ it w~ny pa+t ~hereof la other purposes, without ~hr~eb~ waiving a ~mpair- G+p any eqv~ty, li~n w rqht unde. or br virtw o1 this mortpa9e; and in ths eve.~t ~aid MORTGAGORS shsll fa aryr reason fail to ke+p ~hs said prsmisa w insvred, or feil w deliver promplly any of ssid policies ol insuranca to said MORTGAGEE, w(ail promptly to pay fvtly aey pr~mium thenfor oi in ~~y r~ipect fali to pafam, d~scMrge, ex~cuts, effect, complete, comply wi~h ~nd ab~ds by ~his cove.~an~, p ~ny pa~f hereol, said MORTGAG~E may plsc~ and pay fp such ins~ranc~ o~ any paA thereof withouf walvinp w affectirg a~y option, litn, equ~ty, or ~ight under w by virfus of thls Mortgage, ~nd the full amount oi each ~nd evNy tuch psyment ih+U b~ immaliatety dve end paysble and shall bea? inte~ett irom ths d~f~ thereof unt{I paid at th~ ut~ of ~ins psr centum pe~ annum and to~ethe~ with such inler~st shall be secured by the IiM of thii mortqsye. 1. To permit, commit or wfFer no wa~te, impairmenf a de~eriaation of uid property p any pa» fhereof. S. To pay all sod sirgulv th~ cosn, cMrges snd expenses, indud~np a reasonable anorney's fe~ and cwts of ~bstracts of titl~, incurr~d w paid ~t eny time by said MORTGAC,:E, betause a in the event of -~he (ailuro on the part of the sasd MORTGAGOR to duly, promptly ~nd tutly perform, d~xharqe, s~cecvte, eifect, complets, comply with snd ab:de by each ~nd avery the ttipulat~ons, s9reemena, ca+ditions, and covenanes of said pomisw?y note snd this morfgsge any or either, and said cosb, cha.9es and expense~, each.~nd every, shall be immediatety due and psysble; whelher or not there be no~ip da m~nd. ~ttempt ro cotkct w wit pe~clingj and rM full amovnt of each and eve~y wch payment ahall bea. inlerest (rom the d~te thtreol until paid H tM cate oi nine per centum prr annum; and ail satd costs, char9rs and expenses incurred w paid, togettx~ with such inte~etL shall bs secured by the lien of this ^w?tpape• Q T?~St (a) in the event of a~y brc~ch of 1his.~llor~sg~ a deFault on ~he part of the MORTGAGOR, or (b) in the event ~ny oi sa~d sums of money hKein referred ~o be not prompfly and futly paid within thirty (30) days e?ext after the aame sererally.betom~ due and payable. withOUt demsnd o~•nptice, w W i~ the evem each and every ~hs sf~putations. ~greemenb. coi~d;rions snd cover?snrs of ss~d promissory note and th~s mortpap~ any a ei~hsr ar~ no1 ~~ly, promptly end }utly pe~formed, d:xAarged, ezecuted, effecred, complcted, compi~ed wifh and abided by, tF?en i~ either p ~ny tuch event the said a¢ pregate sum mentioned in said promissory rate lhen remaining unpaid, with i~te~est accrued, and a~l moneys secured hereby, sMll becoms dw and pay- ~b!~ fwthwith, u ~hrreafter, a~ the opt~on of ssid MARiGAGEE, u fully and comp:esely as if ~tl of rhe said wms of monay were originatly st~pulsted ro be paid on such day, anything in said prom~sswy note or in lhis Mcrtgage to ~he contrary notwithstanding; and thereupon ot thereafte? al the option of ssid MORTGAGEE, wir}w~t notice o~ demand, wit at taw or in equity, the~efore w thereafter beyun, may be prosecuted u if all mwrcys setured F~eteby had ma?ured pr~w ro its instieu~ion. 7. That i~ the event that st the beginn~ng of or at any time pending any su~t upc~ this Mortg~ge, or to fweclost it, or fo reforne it, w to enforce payment of sny tlaims hereunder, aaid MORTGAGEE shaq apply to the Court havin~ jurisd~ction Ihereof fo~ the ~ppointment of a Receiver, :uch Court ihaN forthwith appaint a receiver of said mortgaged praperty ali and s~ngulu, intlud~ng alt and sing~ta~ the income, profits, iuues snd reveaues from whatever source derived, each ar.d evcry of wh~ch, 1t being expressly understood, is hereby mo.rgaged ai if specifiully set (o~th and de~tribed in the gr~Ming and habendum dauses he~eof, and SUCFI RKNVH shall heve all the broa~ and effective funct:ons a~d powen I~ anywise entrusted by a Coeaf to ~ Receive~, end tuch appointlnent shstl be made by sucA Court as an ad~nitted equity and a matter oi absolute ~ight to ssid MORTGAGEE, and withouf reference to the edequacy w inadequac/ o( the value of the properry mor~gaged or to the w+venq o+ ~nso!~cncy of said NIORiGAGOR or the defendants, and that such renrs, profits, Income, iuus and revenues shall be applied by wch Receiver ecco~d~ng to the lien or equiry oi said MORTGAGEE and the prxtice oi such CouA. 8. To duly, promptty and fvlly perform, discharge, execute, effect, compiete, comply with and ab~de by each and every the stipulstio~s, a9reements, conditiorts and covenants ~n se~d promi~sory note a.~d oh~s mortgage se~ iorth. . 9. That in the event the ownership of the mortgaged premises, w any part ii:ereof, 6ecomes vested in a ptrson other than the MOR1CaAGOR, the MORTGAGEE, +ts successors anc assiqns, ~nay, wifhovt ~m~ce to the 170RTGAOR, deal w~th sucA suttessor p successor in interest wifh referente to fhis mortgage ar.d thc debl hereby setured in the same ma~~net as with Mortgagor without in any way vitiatirg w distharging the Mortysgors' liability hero- ~ under w upon tM_ deb~ he~eby secured. No sale of the ~remises hrreby mongaged and no (orbearaoee on th~ p~ri of Ihe MORTGAGEE or itf s+xcessws or a~s~gns and no eatension of rhe time for the payment of ttie deb~ hereby sec~red giver~ by the NSORTGAGEE or its successors or ~uigns, shall operate ro relea:e, d~xharge, modify change or af(cct the o•og~na! liaoi;:ry oi the NORiGAGOR he?ein, either in whole w in part. ]0. It is speuiically ag.eed that t~r»e is of the essence of th~s contract and that no wsiver of any obligstion hereunder or of fhe obtipation sr cured htreby shall at any time thereafter be he!d to be a wa~ver of the tecros hereot a, of the instrument setured herby. I 1. In addn~o~ fo the forcgo'ng •~ianth:y payments of pr~nc pnl and inferest required by the promissory nofe secured hereby, mortgagot tovenants and agrees to pay to mortgagec wi*h each rnor.~hiy payrr,e~t an ad~;~rionat sum es!:mat._•d by mortgagee to br equal to 1/12 of the annual cost of the follow- ing: A-All rea! pro~xrty taxrs levied or a:sessed ag3i•~st the above described real estate. ' B-Prem.~ums cn fire and wmdstorm insurar.ce as here:n regu~red to be carried on the improvemeats situate on the above described premites. C-Pre~niums on such mortgage guaranty insurar~ce as mo~tgagee shalt frcm t~me ta time deem fif fo carry on the losn secured lxreby. Mongagee aha•~ from Nme to ti:ne notify rro~~gagor i~ writ~ag of tir_ amo~nt due arsd payable hereunder and such sum shall thcreupon be due and ~ payab'e o~ the due acre of the nexe month!y payment and each success~ve n,onth thereafter u~.til mortgagee shall notify mortgagor of a change in such amount. Such su~ns sNa:! be app!ied by mw?gay~e tarvard the payrt+ent of reat propeny taxes, inwrance prem:ums, and mortgage g~aranty insurance i premiums. ' IN Y~ITNESS WHEREOF, thr »~d MORTGAGOR has hereu~to ut h;s hand and seal the day and yeu ' t afor t ~ 5'p~+ed, Seaied and delyye~ed ' th presence of: • ~ d `-s( • a0 o n ise . oa ~ ~ s~+p SiATE OF FLORlDA ~ - counm oF St . Lucie ~ . Louis J. Noa -~^;~,.~~t`",:'. Befwe me pe~wnally aQpeared ' • ~ , . ; 'y i~ i(Id Louise R. Noa . his wife, to me well jcltow~.ahd knowri tt) me~tq bs the individusl~ desc.ibed in and who executed the foregoing instrument, and acknowtedged befo?e me thst they exxvl~ 1?r ~~,t1~!•,pu~Eioses therein expressed. And the said I.ouise R NOd ' - r: ~ ~ . ~ , . 2---- wife of the said ~.Oll~S .1. Noa ~ pr~? e~am7nst~on by me taken xparate and apart from her said husband, scknowl _~~~P~? a~~~~~r raril and w~thout an com ~tsion, constraint, a ~9~ to and befo~e me that she executed .said i:nsfr~f+~?t O ~~~pQ iplQrr Y y p pprehension, or fear of or from her said husband. J•. y .•^r• • 7~`-T WITNc55 my hand and oifiual seal thiL_ 28th day of 'Ju~' a'q . ~ ~J ~ / t.iC -,y~ L Notsry Pubtit in ~nd for t St~te of F{onda 1~` ''~'1~~~. My Commission expites: • , Return Ta. • " ~ ~ . - Fint Federal Savings 3 loan Aasociation ~ , Of Fort P:erce. ~ Fort Pierce, Flor~da fIlEO ANC' RECOAOEO St. ~UCi~ COUNTY F~A. CLE KCC RCWY COURT ' RECORO V~R(ffEp J. Hal Roberts Jr. This Instrument Prepared By ~ ~ First Federal Savin s b Loan Association ~~9 'O of Fort Pierce , Florida 33450 19 ~~75 i Checked By ~ ~ ,~ds'"~ - ~°.o~c~'~'2 ~ ~ - ' f ~ tC SW s - - ~ ~ ~ ~ • - - . I l w -~~~=~„W. ~ _ ~y . ~ -~~-~=~'xa~~.:s'h~' " s bM~ . - ~ ~~a,~ .