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Home My WebLink About0150 egs, wilh dl ptmi~xn~ therew~ paid in full, (irs insuranct i~ ihs usual stands~d policy fwm, in ~ sum approvtd by the MOItiGAGEf. and windstorn? t inwru+ce in ti+~ ~sual ~~snd~rd policy iam, i~ • wm approv~d by tf» MORTGAGEE, in wch corrpany w canpaniN a th~ MORTGAGEE m~y y dir~cq ~nd all 1M~ and wi~dstorm insur~nc~ polkie~ on ~ny of wid bvild~np~, any inten~~ 1F?erei~ w part Ihe~~of, in tM ayyr~y~a iwn afor~said o~ i in sxnu Ihercof, shall conta3n tM v~wl ~~andud mat9a9e~ da~ w:uch o~Mr claus~ a~ ~M Mortyape~ may rpuin. mati~p the Iws v~ sa~d poli. - cie~, each and every, payable to taid MORTGAGEE as ~ts interest may ~ppear, and each and ~very tuch policy ~MlI b~ promptly +u:~nsd a~d d~livered to sny MId by said MORTGAGEE at furtMr stcurity to aid malpaye dtbt, and. not ba than 1en (10) days in advanc~ of 1M txpiralion of each policy, to d~- Iiver to said MORTGACsEE ~ rMSwal the~eof, tope~Fw~ with ~ ~eceipt fw 1F?s prsmium of such renewat; ~nd ther~ ahall b~ no fir~ w winds~am insura~c~ placad on ~ny of ~id buildinps, ~ny interest Ihetein or part th~rcof, u~1e~s in tM io~m and wi~h th~ loss payabl~ as afw~s~idj ~nd in tM ~v~nt any wm of money becomes payable ondsr uxh policy a policiss said MORTGAGEE shail haw the opt~on ~o rocelve and ~pply ~M s~ on accouo~ ot th~ indcbted~ nesi secured hereby M w pe~mif said MORTGAGORS lo reteive and N a eny part thereof for other purposts, wi~hout thereb/ wai~i~~g or ~mpair- ing any eq~~ty, lien or riyhl undor a by virtw of Ihis mor!ya~et ar+d in tM wertt said AAORTGAGORS ihaU fw any r~ason f~il to kcep ~he said premwn so ~ :nsured, or fail 1o delive~ prompfly ~ny of said policisi of ins~ranc~ to said MORTGIIGEE, or fail promp?ly fo pay fully u?y premium therefw or in any ' s" respett fail to periwrq, disthary~, executs, eifect, complel~, comply with and ~b~d~ by this covenant, or ~ny part heraoi, ~aid MORTGAGEE may placs ~nd , ; pay iw avch Insurance o~ ~ny pan ~M.eof without waiviny w affectinp a~y option, lien, equity, a right unde~ or by vinve of this N1w~pay~. ~nd tht ( full amounl ot each and ev~ry such payment shall be im~nediatety dw and payabls and shall bear int~ss~ from fhs date thereof v~~il paid al 1M ~afe ot n~ne per centum pa snnum a~d together with such interest shall be secured by tho :ien of 1hls mortg~ge. 4. To permit, tommft or suffar no wast~, Impsirment a dete~ioratioo of uid property or any psrf thereof. ~ S. To p~y sll and slnp~l~r ths costs, charges snd expenses, includinp a reasonabk attorncy'~ fes and coits of ~bst~acts of titl~, incvn~d w p+id ~t i any time by said MORTGAGfE, betauss w in t!a event of the failure on the part of tl+~ said MORTGAGOR to duly, paomp~ly ~nd f~lly psrfo~m, d~uhug~ t~ . execute, effect, complete, comply w~th ar+d ab~de by each snd every the stipulslionf, agreements, conditio~, and oovcnants of s~id promisswy note and this morrgaye any w eitl~er, and said coiq, charge~ and experuss, each and every, thsll be immediatety dw s~d payable; whether a ~01 there be notice dr ' mand, attempt to colktt o~ wit pendingt a~d the full amount of each and every such payment ihall bear interest f~om tM d~t~ fMreof un1i1 paid at the ~ r~re of nine per centum per am~um; and afl said costs, chargas and ex~enses incu:red w paid, togetFur with sucA interesi, shal) be setured by the lie~ of tha ~ mortgsge. 6. Thst (a) i~ the event of any b.each of this Matgsge or defsult on the pa?t of the MORTGAGOR, w(b) io the eva?t any of_ said wms of mon~y heroin rofer~e.~ to bs not promptly aod fvlly paid within thlrty (30) days next after ihe same severalty become due and pay~bte~ withovt demand a notice. or (c) in the ~vem each and every the stipuktions, sgreements, cond~tions and covenan~s of sa;d prom9uory note snd th~s mo~tpape any a ather ~?t no1 iuty, promprly and fu11y p~r(wmed, d~uharged, executed, eifected, completed, complied with and ab+ded by, Ihen in either w any such w~M the said a¢ j oregate wm mentioned in said promiuory note then remaining unpaid, with interest accrued, and all moneyt secured hereby, shall betorty dw and p~y- I abie forthwith, a ~Ixreahe~, at the oprion of sa~d MORTGAGEE, ss fully and compte~ely ai ii all of the said wms of fnonQy were wiginally sGpulated ~ to be paid on such day, a~ything in sa;d promissory notc w in this Mwtgaqe ro Ihe comrary notwithstanding; and thereupon w thereafter at tM option of sa~d MORTGAGEE, without notite or demand, suif at law ot in equity, therefwe w fhereafter begun, may be prosecvted as if all mwKys sscvrd hsreby had matured pnw to its insiitvtion. 7. That in the event that at !he beginning of or at any time pending any suit upon this Mort9sgs, or fo foreclo~ h, a to refwm it, a ro enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ttion the~eof for the appoi~tment of s Receive?, svch Covrt shall Forrhwith appoint a receiver of said mortgaged prope.ty all and singular, incfud~ng aIl and singulat the i~eome, profits, iswss and revenues from whafever ~I scu.ce derived, each arx! every of wh+ch, it being expressty undcrstood, is hereby mor~gaged as if apscifically set forth ~nd dewtbed io the yrantl~ and h~bendum clauses hereof, and such Receiver shall have all the tuoad and effecr~ve funct~ons and powers io anywise emm~ted br ~~ovrt to ~a Receiver, and ~ s:;ch sppointment :hall be made by sxh Court as an admitted eqvity and a maner of absolure rght to said MORTGAGEE, snd witFw~f roferente to tM adequaq or inadequacy of the value of the aroperty rt+wtgaged or to the so~vency or insoivency of said MORTGAGOR or the defendants, ~nd that svch re~,~s, proFits, irxome, iuues a~d revenues shall be applied by such Receiver accord;ng to fhe iien ot eqvity of said MORTGAGEE and the practite of such Co~rt. 8. To dvty, promptly and fully perform, discha~ge, execute, effect, complete, comply with ~nd abide by each and ~very the stipulataro, sgreements, conditans and covenants in said promissory ~wte and Ihis mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomq vested in a person other than the MURTGAGOR, tl+e h'.ORTGAGEE, its successws and assigns, may, without notice to 1he MORTGAOR, deal wiih such successor a successor io iMerest with reference to this n:ortgage and the debt hereby secured in the sarne manner as with Mortgago? withoul in any way vitiating p dixharging the Mortg+gors' liability h~r~- j under or vpon the debf hereby secured. No salt of Ihe prem~ses hereby mortgaged and no forbearance on the pan of tht MORiGAGEE or iri avttesso~s ~ c~ assigns and no extension of the time for the payment of 1he debt heroby securet! given by the MORTGAGEE or its wccetsoa or auigns, ~fiall operats ~e7e~e, u'i~ih:rge, rw;+fy ttunge or afktt ine oregirwi iiaoiiiiy oi ~ix IYS~KTVN~aVR i~erein, eiiner in wiwie w in peri. 10. It is specificafly agreed that Ywne is of 1he essente of this conaact and Ihat no w~iver oF any oblipation har~uneler or of the oblipation ie- cvred hereby shall at any time thereafter be held to be a waive: of the terms hereof or of the instrumenl secvred herby. 11. Irt add;tion to the•forego'ng monthly paym~nts of pri~c'pal and interes~ requ~red by the promissory note secured hereby, morfyagor covenants a~d agrees to pay ro mortgagee with each monfhiy payrnent an add~rio~al sum cstin,ated by mortgagee to be equal to 1~12 of the annval cost of the follow- ~n9: ~ _ - A-Ai! real property taxes levied or auessod against the above desc?ibed real esfate. B-Premiumz on fire and windstorm i~surar.ce as f~ecein requ;red fo be tatried on the improvements situate on The above desnibed piemises. C-Pranivms on suth mortgage gvaranty insurar~ce as mortgagee shaf! from time to time deem fit to carty On the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder .and suth sum shall thereupon be due and , c.~yable o~ the due date of the next monthSy payment and each-successive month thereafter urtil mortgagee shall notify mwtgagw of a thange in wch a~~ount. Such sums shall be appl;ed by mo~tgagee toward the payment of real property taxes, insvra~ce prem:ums, and mortgage gvaranty inwtarue ~ p*emiums. - IN WITNESS WHERFOF, fhe said MORTGAGOR has hereunto set his hand and seal the day and ar f' aforesaid. Signed. Sealed and delivered in the presence of: C • ' AdY ~ ~E ROfO a0 , ~~i~~c~f c~u~r fut. , ~ Ro~~ Ao~r+~~?s r n-.~ : ~ - = t«sK ~~~cu~r cou~r ~-r~~ ~ _ 7/. e _ _ ~ ~ RECOP,~ YfP!f1E0...~~ " - - ~ ~eap { ' \ s STA7E OF FLORlDA ' ~ 15 2;z PM'15 315462 . ~ ~ couvrY oF _ St. Lucie - ~ ~ ~ Befote me persona{ly appeared Wllilam F. T.lpp@T1S _ ' Gladvs H. Li~A~s ~ ~ his wife, to me well known and kr~own ro me to be fhe ind~viduals dewibed in and who executed the fo~eyoirg insuvrnent, ~nd ackrwwledged before me that they executed tF~e same for the purposes therein expressed. And the sa~ Gladys H. T.1ppeD3 w~fe of the said Wllllanl R. Ll• )p@TIS , ~pon a sep~r~te ~nd priva» ~ ~ examcnation by me taken xparate and apart from her said husband, edcrawledged to •nd befwe me that she execvted said irotrument freely and volurr ra<<ly and wirhovt any compulsion, constraint, apprehension, or fear of p from her said Iwsband. ~ ~ WITNESS my hand and official seal this 22nd day of AuCJUSt A, p, 19 75 ~ ~ ~ otary Public in snd for the State of florida af Larpe y Commiuio~ ~xpi~es: /j ~ / , /,S ~ I ~ Ret~m To: § First Federal Snvings b' Loan Asfociatan £ Of forf P~erce. s ~ . ~ Fort Pierce, Flwida ~ J: . . :::~,%a J.;~~ ~ ~ ~,.~`•u, 1 j~ v ~ This Instrument Prepared By J. Hal Roberts~ Jr ~Q~ J~: ~'~-r. ~ First Federat Savings 8 Loan Association ' , ~ , ~ ~ ~ of Fort Pierce, Florida 33450 ~ -r~r' `'~;,E7j ~ ~ ' - ~ ` ; ; r 4 ~hecked By ~ ',~'i ~-l 4 I~ ; _r `y.:;~`::~ .••',C'a ~ : ~V BO~K243 PACf ~ ~ ~f . , . . , * SA ~ '~''~`"'~g~~ ~"~~a.,~~~`~.~.~a ~ - ~ r--• ,.,~e i 'y-^`'