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Home My WebLink About0414 To p1ac~ ~nd continuousiy kcsp on ~he buildings r?ow w he~e~i~~r ~i~wt~ on said i~nd ~nd oe~ all equipm~nt ~nd p~.wnally covNed by this mor1~ with ~II p~~mlvms thaeon p~id in lull, fih lnsunnc~ i~ th~ uswl ttand~rd polky fwm, i~ a svm approwd by th~ MORTGAGEE. ~nd wied~tam inswanc~ in tM o~wl ttanda.d fam, in • sum • ~ polky pprowd by ~M 1NORTG/1GEE, i~ wch com{»ny a companies as tM MORTGACsEE may d~rottt +nd NI ik~ ~nd windi~wm in~wanct policies oe~ any ol said buildirp~, any I~Na~~t thersin or pa~t ther~of, in th~ ay~e~aq wm afor~saW o~ - 1, ~xcess ~hehof, shsll cant~in tM uswl s?aodard mortyaQN claus~ or aucb ofF~ cl~uw as tM Mo.~yap~~ may requ'a~. makinp ~M los~ w~dN sald pol4 - uy. ~ach ~~d ~wry. paYable ro said MORTGAGEE ~s imaest may ~ppeu. and each a~d ~very such po~icy shall b~ prompfly pi.yn~d ~~d d~live.~d ~o any held by sald N10RTGAGEE ~ fw~hN ~cv~ity to said matpa~ dsW, and not less than ~en (10) day~ io advanc~ of ?M ~xpu~tion of ~ach policy, to d? livar to uid MORTGAGEE ~ renewal tMreof, top~lhst with ~ reuipl tw tM premium of such r~newalj ~nd than shall b~ no fir~ a wind~tam inwrurc~ ~ pl~ced on any of said bvildinpa, ~ny interest tl?Kain a put thereof, unku in ths (orm and wi~h tF» bu payabN as ~ta~saidr +nd in tM ~wnt any wm of mon~y betonwt payabl~ under ~uch policy a polici~s said MORTGAGEF shall h~w tM option to rac~iva and ~pply tl+~ sarrw on ~cco~n~ of tM Ind~btsd~ neu ~ttur~d haeby w W permit said MORTGAGORS to reteiv~ ~nd us~ i1 a any part thereof for othe~ purposes, without thaeb~ weivi~~g w~mpair- ~~g aey pvity, lien a rpht undsr w by virtw of this mortga~er and 4+ ths wenl said MORTGAGORS shatl for ~ny reawn fail to keep th~ iaid pr~mises so insursd. a faN ro deliv~? promptly a~y of said polKia of inswanc~ ro said MORTGAGEE. or (ail prompAy to p+y fully any p?emium ther~for o~ k~ any rospect feit to p~riam, dixMrge, fXRCVfO, eif~ct, comptets, comply w~th ~r?d abid~ by this cover?ant, w any part hsreof, said MORTGAGEE may plaa and ~ paY Fa such inswanc~ o~ any pa?t th.~eof wirhout waiving a affxtlrq a~y option. ti~n. eqviry, w rigM u~da o~ by vinus of this Nlort9ap~, ~nd tl±e full amount of esch and eve~y such paymeM slwll bs ~mrnediately dw and payable. ~nd shall btar interest from th~ date therwf until paid .at ths rate oi nine per centum per ann~m and together with ~uch interest shall bs setured by tM IiM of ?his mottQa~e. . 4. To parmll, oommit w suffer r+o wute, impa'umen? w deterioratan of said properry or any pi?t thereof. S. To pay ~II and sinpul~r tM cosri, clwrpes and expenses, inclvding a reasw?abl~ ~ttwnsy'~ fee ~nd oosy of ~bstr~clt of fitte, i~+cwr~d w paid N eny time by w7d MORTGAGfE, because or in the event of tF+e iailu~e on ~he y..: ~3id MORTGAGUR ro duly. prompNy and f~tly per(wrn, dixhary~; execute. tffect. complero, comply with and ~b:de by ~ach and every the stipul~tioni, sgieenxnts, conditions, ~nd covenants of said promiswry not~ ~nd ~hli mortgap~ any a either. and s~~d costs, chuye~ and expe~ses, esch snd we?y, shall bt inwnediately dw and pay~Wr, whetM? w nol thsn b~ notite ds mand, attempt to collM or tuit pend~ng; and ths fult amount of each ~nd every such paymem ihall bear intere~~ f~om tht date thereof unHl paid at tl+e - ~a~e of nine per centvm pe~ am`um; and all said cos~i, charges and expenses incwred w paid, Iopethet with suth fnterpl, ahall b~ secu~ed by tl+~ litn of thb mortgage. . 6. Th~t (a) in the event of any breach of this Mortgsye a defaulr on the paA of the MORTGAGOR, or (b) In tM eva+t sny of uid sums of money herein rofs.red ro be not prompNy and fvlly paid wi~hin thirty (30) days ncxt a1te. the same severatty bec«ne due and pay~bb, without d~mand o? ~otice, or (c) 3n the evsnt each ~nd every the stipulations, sgreements, conditions and covenann of aa~d promisswr rqte and lhis matgape any p either u~ nol iuly, prompNy end f~tly periormed, d~scharged, executed, effecred, completed, compl~ed w~th ~nd ab«kd by, then in e~ther or ~~y svch ~veM tFw ~aid ap~ gregate sum menrioned in iaid promiuory note then remaini~g unpaid. with iroereil acuued, and all moneys seturad hetebY. shall becon~ dw ~nd pay~ able fwthwith, w thereafter, at the option of said MORTGAGEE, u fvlly and completely s~ i( al) of the said surna of ~nonty we~e oripinally stipulated ro be paid on such day. anyttang in :a~d prom~uory note w in ~his Mwtgage to the con~rary notwi~hs~anding; and therwpon a tFiereafie~ at tM oplion of sa~d MORTGAGEE, witF?out not~ce w dems~d, suif at I~w or in equity, thcrefore p thereafter begun, may be prosec~tad ~s if all a~oe~tys secur~d hareby had mat~red prior Io iri irtstitution. - ~ 7. That in the event thaT at the beginni~g of or at any time prnding any suit upon this AAortgsge, w fo foreclose if, or to roform (f, ot b Mfortr payment of any claims hereunder, said MORTGAGEE shall apply fo the Cour1 having jurisdittion IAereol (or the appoietment of a Receiver, such Co~rf shsll forthwith appoint a rece7ver of said mortga~ed property all snd :inyvlar, includmg atl and singula? IM income, profifs, issues and revenues from whatever so~rce deriv~d, each and evcry ot wh;ch, it being expressly understood, is hereby morigaged as if spec~Iically iet fwth ~nd dastribed in the pranting and habendum clauses hereof, and such Receiver shall have all ~he broad and effective funct~ons and powers in anywise entrusted bp a Cov~f fo a Receiver, and s~ch appointrtum shall be made by svch Court as an admined equity and a manea of absolute right ro wid N10RTGAGEE, ~nd without reference to 1he edequaq or insdequacy of the valve of the prope~ty mortgsged w to the wivency or insolvency of said N10RTGAGOR p the defendanri, and that such rents, profiri, incane, iuues and revenues shall be applied by such Receive? accorduig to th~ lien w equity of said MORTGAGEE and the pracfice of suth Courf. 8. To duty, promptly and fufly perform, discharge, execute, effect, complete, comply with snd ab~de by each snd every the stipulations, agreements, conditions and covenanp ~n sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any parf thercof, becomes vested in • peraon othe~ than the MORTGAGOR, fh~ htORTGAGEE, Ns successon and assigns, may, without notice to the MORTGAOR, deat with such suaessor p successor in interest with reference to ihis mortgege and the debt hereby secu~ed in the ssme manner as with Nbrtgaga without in any way vitia!ing p dxharging Ihe Mortgagws' liability hero- under w ~pon the debt hereby secured. No sale of the Fremises hertby morfgagcd snd no iwbearance on the paA of tM MORTGAGEE w iri suttessors o. assigrn and no extension of the time fw the payment oF tF~e debt hereby secured given by Ihe MORTGAGEE ot its s~ctessors ot auigns, shall operate ro rolease, d:scharge, modify change or affect the ariginal liability of the MORTGAGOR hereirw, eithe? in whole or i~ put. 10. It is speuficalfy agreed that time is of the essence of this contract and that ~o waiver of any obligation hereurKkr p of fhe obligation se- ~ured hereby ahati at any time thcreafter be held to be a waiver of the•terms Imeof w of the irntrument secu.«1 IwM._ - 11. In add:tion to the !wego:ng month!y payments of prin~ pal and interest reauired by the prom~uory nore setu~ed hereby, mortgagor cpvens~q and agrees to pay to mortgagee with each mo~~hly payrnent an add~~iooal sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxas levied or assessed againat the above described real estate. B-Premiums on fire and windstorm irtsurancc as herein requ~red to be carried on the improvements situate on fhe abOVe described premi3es, C-Premiums on svch mortgage guaranty insurar,ce as matgagee shall fram t~me to time deem fit to tarry on N~e (pan secuted hereby, Mortgagee shaEl from time to Gme notify mwtgagu in writing oT the amount due and pay~bk hereunder and auch wm shall thereupon be due a~d E ryabte on tF?e due date of the next monthly payment and each successive month thereafier untit mortysyee shall notify mortgagor of a change in such a-• oo~t. $uch sums shaH be ~ppfied by mortgagee toward the payment of real property taxes, ins~rante prem;ums, and mortgsye guaranty insur~nce c•emiumf. ' IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and ar firs~afwesaid. ! Signed, Seated and detivered in ~he ~esence of: FILEO AND RECOROED , i _ ST. LUCiE COUNTY FU• / . R06ER POIIRAS 4 ` - CIERK C:RCUIT COURT ~ ~ RECOR~ ~ERsr1fD ' ' n ~ ~-n ~ SiATE OF FLORIDA . ~ ~ ~ PM ~ ! u,~Ty o~ St . Luc i e eefae me personally appeared J. D. White and Be a t r i ce 1A~f 1 t@~ his wife, ro ms well known snd known to me to be th~ individuals dewibed i~ and who executed the foregoing instrument, and adcnowledged before me that they executed the same for the pwposes therein expressed. And fhe said Beatriee ~llt@ ' ~ ~.~fe of the said J. D. Whlt@ ~ . • ~pon a sepsrste and pinat~ e,am~nstion by me taken separate and apan from her said F~usband, atknuw(edged to and before me that she executed said irotrument freely and volun- fa~~iy a~d w~tnovt any compulsion, constrainr, apprehension, w fear of or from her said husband. ~ WITNESS my hand and offic;al ~eal tf~is_ 20th day of Aug St A D. 19 75 a €y f ~ Notary Public in a fw ,the ate of florida ~t lu~e ? My Cornmiuion e 'res: Return To: a first Federal Savings 8 loan Associatio~ ;-F ~,,r, a . . _C . A 8t IAHGt c Of fort P~erce. - ,.t i 1.'-.N_ 7. 1977 ~ Fon Pierce, flw~da r ~ .r~, ..ts tc?sutant~ CP. . - . ~ ' .~::tri~:i!ti~k~ ~ .,:'~~0v~! ~ S ••:~'9Gj~.~~'~ ~ This Instrument Prepared By RiChard K. Kayes ~ ~~~4;'•. J'% ~ First Federal Savings 8 Loan Association - ' % r~ ~ of Fort Pierce ' Florida, i c~ ~ t^' :`i ~ ~ ~ ; , ~ ~ ,,.,1 ~ ~ : a ~ ~ : ° Checked B ~ ~ goQx 243 PACE 414 =1:: a ~ S ~ ~ ; ~ Y ~ O ~ti~ .p ~ s '~~O,b- ~ =v~..~.w~~v~ ,~1 ~ ~ ~ . sr~~ tiN~,~``-.~ ~ s_ ' 'T; ~Nflrttiltl~~ . • ~ ~ ~ - ~ 1 . ~...,c. . . _ _ ~ _ _ _ _ -~.,.~g ' ~s6 4 ~ ` - ' y ~ ~ J r~ .~F ~3` ~