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Home My WebLink About1951 To pl~u ~nd conti~~siy ksep o~ 1M buitdinps now a Mr~af?a ~Iw~M on saFd (~nd ~nd on ~II puiprneot ~nd pKwnally covK~d by thi~ morq~ ap~, with ~il p«mi~m~ th~.eon pa;d in fvil, fir~ insuru+c~ in tFN uwal ~t~odard policy foren, in •~wn approwd by th~ MORTGAGEE. ~nd winduan? imu?wfa in tM uswl standard pol~q tam, in a ium app~ov~d by ~h~ MORT4AGEE, le wch company w oanpani~s a tM MORTCsAGEE may dWd~ ~nd sll ik~ and windstwm imwux~ potrc~es a+ ~ny of s~id buildie~ u~y Ints~at tFw~h w p~.t tMnof, M~ tFr apprep~t~ wen doraaid a In exaMS tMr~f, shall cont~in ~h~ ~wal sunda~d morr9a~ clau~ a sucA aha cl~uw n tM Mo;r9apM may rp~?in. e~+kb+p ti~ Iw~ und~ said po1F ti~s, saeh ~nd ~vKy. paYabl~ 1o s~id MORTGAGEE as ib inttrest may ~pp~ar. ~nd tatA ~nd ~wry s~eh polity ahall b~ praeptly ass:yewd u+d dtlivptd 10 ~ny I+~W by said MORiGAGEE ~s fwther ieturity to ssid matp~y~~ debt, and, not bu than Mn (10) d~ys ln ~dvanu of tM ~xpG~tan of ~ach polity, to d~ I1vK ro iaid N?ORTGAGEE a.enewal thereof, tope~her with ~ ~«eipt fw tM pnmium of such r~wah and tM~~ ~II b~ ~o fin o? winds~mm {nwranc~ • plac~d on ~ny of said buildnps, ~ny intereat thertin w paN therwf, unlesa in tM form and witl~ 1M (os~ p~y~bl~ u afons~Wr +nd in rFr ~vtnt ~ny swn of money bscorn~a payabl~ under tuci~ policy a policin uid MORTGAGEE shalt Mw tM option to receiw and ~pply iM sam~ on accovn~ of tM ind~btsd~ ntss s~tw~d Mreby o? W permit said AhORTGAGORS to reoeiv~ and us~ N w~ny pa~t t1?~reo{ fa othor purposea, withovt ~h«•b,r w~ivinp a impaN- inp u?y pu~ry, IiM a riyht unde? or by vlrtue of this mwrpapr, and in tM ~vent u~d MORTGAGORS ~MII to~ ~ny naw~ fail to k~ep 1Me s~id prsmist~ w•+~ inwr~d, or f~il ro d~liwr prompNy u~y of said polK~es of inwrancs to said, MORTGAGEE, or tail promptly to pay fvlly ~ny pr~mivm th~nfor w in ~ny ,„y r~ip~d (ail to perfwm, dixM~y~, execute, effect, compltte, comply with ~nd ~b+d~ by ~his cownant, or ~ny put l+N~of, taid MORTGAGEE m~y plap ~nd paY fo~ ~uth insurantf a~ny part thereof wlhout w~ivi~p w affectinp ~ny option, IiM. pvity, w ripht vnd~r w by vi~tw of this Mor~p~pe. and tM full amouM et ~ach a+d ewry wch p+ymem shaU be immediattly'dw ~nd piyabl~ snd ihalt bear interat from tM dat~ the~eoi until paid ~t ~M Tat~ oi ` niM ptr centum pK ~nnum and togetF~tr wi~h such iNerest shall be secured by tlk lien of this mprtpape. 1. To p~rmit, co~nmit a suffa no waste, impairment w deteiwration of said propKty a any paA tl~~of. S, To psy all ~d sinpvl~r th~ costs, cMryes and ~xper?se~ includirg a reswnsbls ~ttorn~y's f~e and cosh of ~batracM of titl~, incwr~d or p~id at a~y time by said MORTGAGEE, bscwse w in the eveet of the f~ilws on t1n p~1 of tM uid MORTGAGOR 1o duly, promptly and futly pKioren, discMry~ execut~, ~ffect. ownpleq, comply wi~h and ab:de by each and every the stipulariau, syreements, co~ditiau, ~nd oownanb oi said p?omiiwry ~ot~ and thu mortpap~ u~y a ei~her. ~nd iaid tosts, th~ryes +nd expenses. e+ch ~nd ~wry. ~hall b~ imrnadi~tely dw and p~y~: wMthtr w not th~r~ b~ notice ds mand, attempt to coUecf or suit pcnding; snd ths full amouM of each ~nd eve?y such payment shal~ beu inter~st from IM dat~ thtreof vnril p~id a1 the rate of r?ine per ce~tum per aruwm; and all ~aid cos~s, cM~g~ artd expenses incwr~d w paid, Iog~tMr w~th wch MtKest, shall b~ t~nd by th~ li~n of this mortg~. _ . 6. TMt (s) in the ~venf of a~y breach of this Matgspe w defauU oo the put of the NIORTGAGOR, or (b) in NH fVM1 My Of NKJ aw~v of moeK~ he~ein referred to bs ~ot promptly and (ully paid within thirty (30) days ntxt afrer the same severally becoms dw ~nd payablt, withow dern~nd a notite, w(c) in tM ~ve~t each and every the stipul~tions, agr~emems, condi~ions snd covenann of sald promissory not~ ~nd tFris mortpa~ a~r w NNw? an nof ~uly. p~omptly and fully perfo~m~d. d~scMrged. execvr~d, effected. completed, compl~ed with and ~bided by, th~n in ather a any uxh ~wro tlw uid q~ pregata ium mentioned in said promisswy rate then remainir?g ~npaid. with interest accrued, and all moneys secur~d her~by. shdl bee~mt dw and pay- able fathwith, a theresfter, at the option of sa~d MORTGAGEE, +s fv11y ~nd compleuly as it ~II of the s~id wms of mon~y wer~ a~pinally suputated to be paid on s~?ch day, anyfhir~g in sa~d prom~ssory oote o. i~ this Matp~ge to fhe contrary notwithstsndin~; and therevpon a ther~aher rM option of iaid 1NORTGAGEE, without notice or dema~d, suit at law or in equity, the~efo~e a tficreaf~er bepun, may be prowcuted as if afl maNys s~cur~d haeby had mawred priw to itt ieutitutioo. 7. That in tl+s event that at the beginning of or et any time pendi~g any wit upon this Mo~ty~ye, or to foreclo~ h, w fo reform it, w to eeforu payment of any claims hereunder, said MORTGAGEE shalt apply to tl~e Court having juri~d~aion tixreof for tFN ~ppantm~nt of ~ Receiver, such CouA shall forthwith appoint a rsceiver of said morl~~ged property all end singular, includmg all and singulu ths incoms, profib, is~ws and r~vMU~~ itom wh~twer sourte derivetl, e~th and every of which, it being expreuty undcrstood, is hereby mortgsged as if spetifitaily set fotth and dettribed in the praMirp and habend~m davses hereof, alld fYCII RKlivN 3F1iII FN1K iI) the broad arxJ effecrive i~nct~ons and powcrs in anywise entrwted by a Court to a Receivsr, snd tuch appointment shall 6e mad~ by wch Court u an admitted eqvity snd e matta of sbsolute right to aid MORTGAGEE, and without reierence ro th~ edequscy or inadequacy of the vatve of the property mw~gaged w to the sotvency w insolvency of ~aid MORTGAGOR or the defendanq, and ~hat such rents, profits, incane, iuues aad revenues shall be applied by iuch Reteiver acc«dinp to ths lien w eqvity o} said MORTGAGEE and tl~e practit~ of such Coutt. 8. To dufy, promptly and fully perform, d'ncharg~, exec~te:-effect, complete. comply with and sbide by eath and tvery th~ stipulations, ~prsements, condiHoro and covenams in said promawry note ~nd ~Mis mortgage set fa~h. 9. That in th~ evem tM ownersh~p of the mortgaged prem~ses, or sny pah thereof, beoomes wstsd in • perwn oths? tlun tM MORTGAGOR, tM MORTGAGEE, its wccrssws and usigns, mey, w~thouf no~ice to ~he MORTGAOR, deat with such successa a suaessor in interest with refere~ce ro this- mat9aye snd the debt hereby secvred in the same mamer as w7th Mo?tgagw without ln any way viti~tlnp or discharging the 1Nort9agon' liability herr unde. a upon the dcbt her~by secured_ No sale of the premixs hereby mo.tyaged ~nd no forbe~rance on th~ p~A of the MORTGAGEE w iri svccessws w+uigns and no eatension oT the time fw the paymcnt of the debt hereby secured piven by the IKORTGAGEE w iri wcceiwn or ass;gns, ?hall operats ~o rdease, d~uharge, modify change w affect the wig~nal liab~l~ty of the MORTGAGOR herein, either in whok a in put. 10. It is specifically ag.eed that tirt:e is of the esxnce of this contract and that no waiver of ~ny ob:ig~tan hereundcr p of ths oblipafion se- tured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrwnent ~ecured herby. 11. In add:tion to the foregc:ng monthly paymeros of princ'psl and interest required by the p?omtssory note setured ~heraby, mortyagor covsn~nts and sgrees to pay to mortgagee with each monthly payrnent an add~~ional s~m est~mated by mortgsgee to 4e equal to 1/12 of fhe annusl cost of the follow- i~: A-All real property taxes leviad or assessed against the above descri?xd real es~ate. B-Prcmiums on fite and windstorm insurance as herein requ~red to be. urried on the improvemesNS situsts oe~ tfie ~bove destribed premises. - C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall from time to time deem fit to urry on the loan secured hereby. ' Mwtgagee shall from time to time notify mortgagor in writing of the amount due and pay~bk Ixreunde~ snd suth sum shaU thereupon be due and payable on the due date of the next monthly payment and each successive month the?e~Ner until mortgsgee ~hall notify mortgagor of a chanye in wch ~ amount. Such sums shall be applied by mortgagee toward the payment of real property~taxes, insurarxe prem~~ms, and mortgspe guu~nty inwrance i P~emiwns. • ~ IN WITNESS WHEREOf, the said MORTGAGOR has he?euMO xt his hand ~nd se~l the day and year finf aforesaid. Sipned. Seakd and delivered i~ the presence of: ~ .,F f D ~ ~ ftF ' ~ E - ~S~ ~fi~~ hn P. Stan n ! ~~Ezr C:=.~11T~O~t ~ - q ~ RFCQ;': ~FFffiFO,,.~„~~ .G S on n ` STATE OF FLORID ~ ~ ~ ~ ~ ~7~j s ~r counmr oF St. Lucie ; setwe ~,s ~uy ~~ed _ - John P. Stan~ton ' and = CaEiille G. Stanton h;s wife, to a,~ r„a~~ known ,nd knca,n to n,e to b. the indiridwls dewibed in and who executed the foregoiny instrument, and acknowtedped before me tMt tMy ~xscuted the same for ths purpo~es therein expreued. And the .~~a Camille G. Stanton ~ ~ w~re of ths sa~d John P. Sianton - upon • ~eP+?~t• and priv,» examinstan by me taken separate and apart from her said husbsnd, +tkrawledged ro and befwe me tMt st~e e:ecufed said instrvmeM frsely and votwr rar;ly a~d withovt any compulsion, constraint, appreh~sipn~ or fear of ot from her s~id husb~nd, f WITNE55 my hsnd and official seal this ~.r day of At1~115t ~ A, p, 19 7S ' ~ i ~ Notary puWic in and fw the St of Fbrida af L~vqr " Retum To: MY ~miuion • ~ ~ O~r~'q'~?~` .:~~~:t ~rit;;.•. ~ fint Federal Savings 3 loao Association `.~:.~y• 1 p!..3!/~j~: _ ~ Of Fort Pierce. ~~~~~~}~~~~..,,.~b„fy ~ Fort Pierce, florida ~ ~ : ~r . ~ . " ••~~--r~,~~ ~~~yt ~ ;•:'i~~~brQ i' n" ~ c .V ~`~c~rii.~.. ~ This Instrument Prepared By Robert A. Sarisher JY. ::)~'~cl~,/1 r~~`."~ ~ First Federal Savings b loan Association ; ~ .~:1. of Fort Pierce , Florida ~ . •.r•,.:t.••• . ~ ~i~Q~~ iF/ ~UI ' rr,'/f/.'rr~t i~~F` , - Checked By ~ ~ i i~?. . ` ~ . dz ~ , - - - - _ , M r ~ '~x ~u" ~ • ! - ~ z , . ~ _ _ , ~ - . ~