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Home My WebLink About1344 3. To plau and tontinuously ktep a? the bui:d~ngs now w Mr~aftN sitwt~ oe~ said land ~nd on ~I) pvipmtnf ~nd pMw~ully tovsr~d by Ihis maq~ p~, wifh ~11 p~enivms fhHeon psid in fvl{, firo inwrance in ~M u~wl ~~andud policy form, in a wm apqov~d by tfw MORIGAGEE. ~nd wind~twm lrawanc~ M tM u~wl ~undud pol~cy fam, in a ium ~pproved by ~M MORiGAGEE, M wcl~ comp~nY a canWni~s +s tM MORTGAGEE m+y dlnd~ u~d all fir~ ud w~lsw.m inswanc~ polk~e~ on ~~y of aid b~ildi~pw any In?Ka~ ~Mrein w put ~l+Kw1, tn tM pp~p~~~ w~n dor~id a In ~:tas thar~of. ~hall conlein tl?~ uswl ~undud ma~paq~ clws~ « iuch aMr clw~ a ~M Mw~s+~ ~n+y ~Wu~. msl~np tM 1ws wd~~ s+id Pa4 cin, each and ~vtry, p+Yabl~ a s~id /NORTGAGEE ~s its in~srnt ~n~y ~ppea~. a+d ~ach uid eve~y such policy ~hall b~ prpnptlY ~a:pnd +nd d~liv~red w u~y MW by s~id MORIGAGEE ~s tur~her secvri~y to ssid mor~p+~e dab~, and, oot les~ tF?~n te+~ (101 d~ys in +dvana of tM ~xp+ratwn of ~~ch policy, to dr , u • qvN ro uid MORTGAGEE ~ renew~l tMreof, tops~ha w~~h a receipt {o~ the premiwn oi such ~~walj ~nd tMr~ ~hall b~ no fin a wind~iam i~uwanc~ t plaud on a~y of s~id b~lldi~~s. any intae~l tha~i~ w p+rt thercof, unl~s~ i~ tM form ~nd with tM lou p~yaW~ ~fa~s~idi u~d M tM twM any swn.:.t~ pf mo,ry becorn~~ p~ysble w+dK wch polky or po~iws ~~id MORTGAGEE ~MII Mv~ ~M option to r~ceiw and spp1Y tM sun~ on aaow~l of ?h~ tnd~bt~ , e~p iecwtd M~~by o~ b permit s~id MORTGAGORS ~o r~asiv~ ~nd it o~ ~~y p+rt tMreof }w orher pwpoiea, withou> >hereb~ waivinp a ~mp+ir! dp anV ~quify. list? or ~i9h! under or by v4tw o! this mote9a~1 ac+d '+n tl~ wtnt s~~d MOflTGJ1GOR5 sh~11 iw ~ny ns~on f~ii to 1cNp 1M s~id P?M+isq !o kqured, w fai) to delivtr prornpNy any of said politi~i of insurante to said INORTGAGEE, or fail prompNy to pay fvlly any p~~mium thsrtfp q In any . nspea fait to pafwm, d~schary~, ~xecurs, effM, complete, comply wirh ~nd abide 6y ~his oovanant, a ~ny pan Mrwf, ~aid MORTGAGEE m~y plaa +nd . paY fa s~ch insw+nu w~ny pa~t therwf w~thout w~ivinp w affacti.p ~ny opt~w4 lien. equity, a ripht ~nda or by vlrtw af thts Mortq+Q~. and the ~ full anount of exh ~nd ~very wch p~ymeot sMll be immediately dw and payabb and ihall bear inter~q from th~ dat~ tMteof v+Ni) paid N tM wh o~ nin~ pe~ cs+~tum p~r a~num a~d togethe~ wi~h such inte~est shall be secured by tM li~n of thcs mat~pa • 4. To permit, commlt a suffer no wute. impa'ument a deteriwation of ~aid proparty or u?y pu1 tlwreof. 5. To p~y all ~nd ~Hgul~? fM costs, cMrqes a+~d expK?tet, includieg s ~e+sonable ananey's fe~ and oos~s of ~ract~ of titl~. h~cun~d w p+fd ~t My time by ~aid MORTGAGEE. bawse a In the ~v~nt of th~ failuro on th~ pa~t of tht aid MORTGAGOR 1o duly. promW~Y snd fully pKfwm, disch+r~ ~xscuts. etfec~. complet~. mmply w~th and abide by each and avery the atipulations. preements, conditions, ~nd cown~nb of said p~omiswry !wt~ +nd this mptya~ +m w ei~her. and said costa, cMr9es snd sxpenses, each ~nd ~very, ihall b~ imrrad'utely dw ~nd p+yabl~; whtthK a not tM?~ b~ notice d~ mand, attempt to coltect a svit pend~ngs end tM ivll smouM of esch snd every sucfi paymeM shatl bea~ lnte~esi from ths dat~ ttrrwl wvil p~1d N fhe ~ate of nina per ceotum per annum; and alt said costs. charge~ and expenses i~cwred or paid, togsther with suth intKnt, aMll b~ t~cu~~d by tM li~n of thi~ 11qf~QaQf. - . 6. ~Mt in ths event of sny breach of this AAatgage w defsult oe? the part of the MOR7GAGOR, ar (b) in 1he wMt any of sa~d sums of monty I+Kdn refsrred to be rwt p~omptly and ful~y pa;d with3n ~hirty l30) days next af~r the same sevH~lty becan~ due ~nd psYabl~. without d~mand a notice. o~ ic~ io riK even~ each and way the stipubtior~ agraernents. condi~ions ar~d coven+n» of w~d p.omisswy not~ and th]s mortpa~ any a~iHw ~n no1 ~uly. promptFy and fully pNio~mad. discha~ged. ~xecuted. eifected. completed, complied with ~nd sbided Sy, than in ~ifhK w sr~y s~th ~wM th~ s+~d prepate wm msN'aned in said promisso~y note then remaining unp~id, with ineerest acvued, and all moneys s~tured hertby, sMll becoen~ dw and p~y- able forehwitF+, or tF~ereaftar, af the optior? oS sa'id MORTGAGfE, as fufly and comptetely as i1 all of the said wms of mo~y vr~~~ aginallr atip~iated to be paid on such day, anything in sa~d prom~sswy note u in this Mortpage to the contrary notwithitanding; and therwpon or the~eaha~ at th~ option of said MORTGAGEE, without notKe o~ demand, swt at law or in equity, therefore or thereafter beyun, may be {xosecuted ~s if all momys s~tur~d Mr~by hsd mstured pr~or to itt instittrtion. 7. Yha~ in the went tbat at rhe beginnirp of or at any time pendir,g anY suit upon ~his Mortgsg~, or to fwacloa~ N, or to reform tt. or to enfwa payment ot aey daims hertunder, said MORTGAGEE shalt apply •to the Coun haviny jurisd~tlion thereoi id the ~ppointment oi a Receiwr, s~th Coutt shall Forthwith ~ppo~nt a receiver of said mortgaged ptope?tY ~U a~d singvla~, includ~ng sil ~nd s;ngular tfie incane. p~oiits, issws and revenws from whatere~ swrrce derived, esch and erery of whith, it being expressly understood, is hereby mortgaged as if spKifitally set fotth ~nd dNtribed in tht prantinp and Mbendum clavses hereof, snd sucfi Rcceiver sfis11 have ~f1 ti,e broad and efiective funct~ons a~d powers in ~nywise ~ntrusted by a Cour~ to a Receiwr, ~nd such sppoi~tmenr shatl be made by wch Cou?t +s an admitred equity and s m~t?er oi absolute right ro s+id MORTGAGEE. ~nd without te(erence to tF» ~dequacy or inulequacy of the vatue of the property mwrgaged or to the sorvency or ~nso?vency of said MORTGAGOR a tl+t defendann, ~nd that iuch rents, profits, income, iswes and reve~ues shall be spplied by :uch Receiver according to tM lien or puity ot s~id AAORTGAGEE and the pr~etic~ of tuch Cairt. 8. To duly, promptly and iully perfo~m, dixharge, eaecute, ef(ect, complete, comply with and abide by sath ~nd twry tM stipulations, apresmenb, condit'ans and covensnis i~ aa~d promiasuy note a~d fhis mwegage ut forth. 9. That in the event the ownenh~p of the mwegaged prem~ses, or arty part the~eof, becomes vested in ~ penon otMe 1M~ tM N10RTGAGOR, the MORTGAGEE, its successors and sssigns, may, wi~hout rwtice to the MpRTGAOR, deal with s~ch succes~a o/ successa in interest with rofere~+ce to this mor~gaqe and the d~bt hcrcby securtd in the ssme manner as with Mortgsga without i~ ~ny way vitiating a dixMr~iny ths Mott9ayws' (iabitity hett under w upon the debt hereby secured. No ssle of the p:emiscs hereby mortgaged and ao forbearance on tM paA oi the MORTGAGEE a ib suoceswn q isaigro a~d no earension of the time for the paymeni of the deb~ he.eby secured given by the MORTGAGEE w its sucttsswi or assip~s, ih+~~ operat~ ro release, d~xharge, modify change or afFect the orig~nal Gab~l~ty of the MORiGAGOR he~ein, either in whole or in part. • 10. It is speufically agreed that time is of the cssence of this contrac? and that no waivp of any obliyaran hereunder a of t!» obtiy~tia? se- cvred hsreby shall a~ any time thereafter be held to be a waiver of the terms he~tof or of the instrument tecured herby. tn addition to tfie forego:ng monthty paymenls of princ'pat and interest required by the prom~uory nore secured hereby, mwtgsgor toven~MS i and sgrKS to pay to mortgagee with each monthty payment an add~~ional sum est;mated by mortgagee to be equal b 1/12 of the annval cost of the fol{ow- . A-All real property taxes levied w assessed against the above desaibed real estate. 8-P~emiums ow fite and w~ndstorm ~nsurar.ce as herr~n rcqu~red to be carried on the imp~ovements situate on ?he abOve desuibtd premises. C--Premiums on such mortgage guaranty insurar~ce as mo?tgagee shal! ~rom time to time dcem fit to catry on the bin setured hereby. Mortgagee shail from time to t~me norify mortgagor in writing of the am.ount due and paysble he?tunder and sucfi wm shatl there~pon be dw ~nd payabfe on the due date of the nex~ month:y payment and each successive month tF~ereafte~ until mortgagee shsl) notify mortgagw of a charge in sucM amovnt. Such suma shail be app!ied by mortgagee toward the payment of real property taxes, insu~ante prem:ums, s~d mott guar~r?ty iiuur~nce pretniwnf- IN WITNESS WHEREOF, ttx sa~d MORTGAGOR has fierevMO set his hand snd seal the d ~ fin aforesaid. Si~ned, Seated snd delivered in the presence of: C ~ . / ' a13 ~ / Orbie Dix rs.,t~ ~ ~ ~'^r c~.~~J lJ_,C~/ /~~~.J ~~n ~ Patzicia Dixon n ~ j STATE OF FIORIDA f pF St. Lucie ~ ~ eefwe me penonally appesred Orbie D1XOA and 4 Patricia Dixon ha wife, to me wetl known and krawn ro me to b~ ~ the individ~als described in and who executed the foreyoirty instrument, ~nd acknowled9ed befwe me that tMy executed the wrn~ fo? fh~ purpot~s i therein expressed. And the saicl Qatrieia Dixon ' wife of the s~id Orbie Dixon ~pon a sepaN~ snd privat~ exeminatan by me taken separate and spart from her said husba~?d, ackrawled~ed to ar+d bcfore me tfiat sfie exetvted said imtrument freelr and votun- tsrily ~nd without a~y compubion, constraiM, apprehensson, or fear of or from her s~id lwsband. WITNE55 my hand and official seal this ~ r~ day of A- 19 75 . fflf0 AND RE~Qi~ ~+~Y Public in and fw tF~ Stat~ Flor~da .r ST. UtCtE COUl1 Y FLA. My Commissioe ~~res: rtero•n io: ' R9C~~ P~1tRAS Fin? Federsl Saving• 3 Loan Association CL~P.K 2~UiT C'OURT H~ery ?ubfy ft°t~ °E R°+id° br~ i O~ Fort P;e:ce. REC?FO Yf.' : IEO Mr ~m~ssion E=P~r~ ~~b ~ fort ?ierca Flortda ~ AW 5 3 ~ ~~=d 5r ~'ef•con fu~ d~ CWVa~tY ~4 ~ . 11\llt{1S/I~Iri ~ 1H ? I;, ; . ~ ' ~ ' 1. , ~ This Instrument Prepared By John W. Collins . ~ First Federal O yF~95 P,erce ~ R lori da ~ ~ ~ ~ • : , 7 : Checked By = Z: H yGr ~ ~ gaRK 24~ F~~E 1347 . . . ~ - ~ ~•~a ~ ~ ~ ~ - - ~ ~ . ~n~ ~ , ~ _ ~ ~r~ ~ _r _ ;rs _