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Home My WebLink About1977 3. to plac~ ~~,d ca~~inuou~ly keep on tAe bu:~din~s now or Mroafter ~iwat~ on sa~d land ~nd cn ~II ~equipment ~nd penw?~Ily tov~r~d by ~hi~ mwt~• ~p~, with dl p~mivm~ thereon pa~d i~ i~tt, f~re insv~ance in rh~ uw~l ar~~~dard polkY faer4 fn i sum approv~d by tM MORiGA~EE, aod wind~twm ~+~w~nc~ in ~M ui~~l u~ndard pol:cy fam, in a ~um approved by ~M MORTGAGEE, in wcl? comp~~y u compani~s ~s tM MORiGAGEE ma~ dintt~ ~nd ail fk~ and wir?d~~o~m iasvrant~ policies on a~y of said buiidinpti ~~y fN~r~~t tM~dn w p~~f tl+er~of, in tFw ayq~sQ~~e swn afor~~id or !n txoea ther~of, iha!! tontain ~nwl •tanderd mor~9~gr ctauss w tuch al?N claus~ ~a th~ Ma~9a~te may rpuir~. makfep tM loas uods~ ~a~d po1F cih, ~~ch and ~wry. paYabl~ ro s~id MORiGl1GEE as i~s imer~s~ may app~ar, ~nd sach ~nd ~wry wch pol~cy ~hall b~ promp~ty aa:yned ~nd dtlivN~d ro'~~, ~ny h~(d by ~id MORiGAGEE ~s turther ::curify ro said morrQage debr, and, ~o~ leu ~ha~ ten (10) days in advanc~ of tM ~xplr~tion of ~ach poliq, to d~. liw? to ~aid MORTGAGEE • renewal thereof, ~oge~her with a receipt (a 1M premium oi ~uch rs~?ewalr and tMn shall b~ oo fu~ a wl~dstorm I~~~u?p plaoed on any of said buildings, any io~eresl there~n w par~ thareof, unless in tht fam ~nd with th~ los~ payabt~ u afa~widt ~nd In tM ~vtnt ~ny fum of moo.r bscwn.s Payaba w+de. such policy w policies ~aid MORTGAGEE shall haw the optiw~ to receive a~d apply 1M s~m~ on account of tM indebt~d ~ss Mtured Mrtby w a permit said MORTGAGORS to receiv~ u~d we it w any pa~t thereof ior otFro? pu~posts, wi~hout thaeb~ wairinq or impair. ~ iop any pvtty, li~n w riyht undar or by virrue of ihis nwrtya~a; snd in ~he ~vem sud MORTGAGORS ihall tw any reasan fall to ka~p tM aid pneni~ w-~ irnured, a fatl ro del~ve~ promptly ~ny of ~.+id pol;ciea of insuranc~ ro said MORTGAGEE. w fail prompfly to pay fvlly sny pr~mtum tF+Kefor or in any ttspett fail to pNform, d~xMrge, exec~~s, ef(ec~, comp~ete, compty with and abid~ by rhii tovenanl, a any pan M~wf, said MORTGAGEE m~y place ~nd p+Y fw cud~ inwrance or ~ny part thc?eof without w~ivinp or atfetlinp anr option, liee. equity, or ~iqht undtr or by virtw of this Mwtpay~. and t!N ~ full ~mo~nt o( each u+J ev~ry wch payrrknt ~hall be immediately d~a a~+d~ p~yaDk and shail be~~ interest from tM dale thereof w?til psid at fh~ ~~N ol nina pK cenrum pa annum and r~Qe~nr~ with iuch interest shall bs srcured by tha lien o~ this matys~~. - 1, To p~rmit, canmit w suffer no waste, impairment a deterioration of iaid prop~~ty 0~ any p~?1 /Mrpf. ~ S. To pay ~II and sirgi'u tM costs, chirges and expenses, inctudi~g a reaionable attwMy's f~a and cwy of abitracts of titl~, incvn~d o~ pNd ~t any tima by said MORTGAGfE, bacavse or in the even~ oi ths failwe on ths paM of IM satd MORTCaAGOR b d~fy, p~ompNy aed fvlly paiorm, ducharprt sxecute, effect, complets, comply wah and sb:de by each and every ~hs st~puta?wr?s, apreeme~ts, conditio~s, and cownanb of said promiswry not~ and 1hq mo~tyaqs any w either. and said cosn. cMrges snd expenses. each and every. shall be immediatety dw a~d payable: whether or not thsr~ b~ notite de~ m+nd, ~nempt to collect or wit pend~ng; ae+d the full arrwunt of e~sch and eve~y such paymem sMll bear i~terast from the date tMreof until p~id at th~ rate of ~ine per pmum ptr amium; and all said costs, chsrgM ~nd expensei i~currd w paid, logtlher with such inqrest, sMll b~ sKUred by tM IiM? of thq morfs~yt. ' 6, Thal (a) in the everif of any b~esch of th~s Mor~gaQe w dafaulr on the part of ?hs N10RTGAGOR, a(b) in fhe went ~ny of taid swns of moMy herein refHred to be no~ p.omp~ly and fully paid within ~h~~ry (30) days next af~cr tM sa,:~e severstly bacome dw ~nd payable. without d~rrNnd a~+otic~. w t~ in tM evem each and every the ttiputations, a9~eement~. co~ditions sr+d coven~nts of taid promiuory note and lhis enortpp~ ~ny p tithK ~rt nol ~ulY. promptly and !u!!y perfwmod. d;x)++rged. execu~ed, eftected, completed, compl~ed with and abided ~iy. th~r? in eitMr w am such twM 1M s+~d ap~ preyst~ wm me~taned in sa:d promissory note Ihe~ remaininy unpaid, with interest ~ctrued, and all mo~eys secured F~areby. shan becom. dw and p.r abk (orthwith, a ther~after, at the op~ion of said MORTGAGEE, as fu:ty and completely as if sll of ths said sums of money vrer~ orginally ~lipul~ted to be pa~d on iuch day. any~hing i~ sn:d prom~uwy note w in th~s Mo?tgage ro the cont.ary no~w~thstand~ng; ~nd thsrevpon or thereaher at tM optip~ of said MORTGAGEE, without ootice or dema?~d, suit at law w io equity, therefore or thereaiter begun, may be prosecuted as if ~!1 moneys sscvr~d ht~tby had ?natwcd prio? to its inifitution. 7. TMt in the event that at the beginn~~g of or a~ any time pending any su~t ~pon this Matgsge, or ro faeclost h, or ro refprm it, a to enfwp payment of any claims hereunder, said MORTGAGEE shatl apply to the Court having ~wisdittion thereot fw the appointment of ~ Receiver, wtk Courf sh~1) forthwith appoirM a receivea of said mwtgaged prope?ty ali end singulsr, ir~clud~ng all and si~gular the income, profiri, issues and ~ewnves han wMtwe? source derived, each and every of wh~ch, it bcinp expressty unders~ood, .is hereby mortgaged ss if specifically set fath and dlwibsd in the prantiny and habendum clavses hereof, a?x! such Qeceiver shall have all ths broad and effective funct~ons a~+d powcrs in anywise enlrwfed by i~ourt fo a Receiver, and tuch appointment :hall be made by such Court as an admitted equity and a matter of absotu~e right to said MORTGAGEE, and without reference to ths edequacy a inadeqwcy of the value of the property mortgaged a to the sotvency or insolvency oi said MORiGAGOR or the de(endanis, snd thaf wch rcnrs, p?ofifs, irKwne, issues and revcnues sha:l be applied by suth Receiver accordiny to the iien or aquity of said MpRTGACsEE and the praetit~ of suth Courf. . 8. To duly, promptty and fully per(orm, d~scharge, exec~te, ef(ecL complete, comply with snd abide by each snd every fhe stipulatiora, agreameny, canditioas aod covehants in said pror?e;ssory nore and this mwigage s¢i forth. 9. TMt io the event the ow~ership.oi the mortgag~d premises, w any pan thereof, becomes vested in a penon othe~ than the MORTGAGOR, ths MORTGAGEE, its succeuo?s and ass~gns, may, witFwut no~ice to the MORTGAOR, deal with such succeuor a successor in intere:t with reference to thia mortgege and the debt hereby secwed in the seette mamer as wit6 NlQrtgagpr wiThovf In sny way vHislir~ or d'~sthsrging the Mortp~ors' liability hert under w upon the debt h~~eby secured_ No sate oi ths premises hereby mortgaged ~nd no fwbesr~noe oo th~ put of ths MORTGAGEE a ih suaesson or auigi?s a~nd no ezrens:on of ~he time fo~ the paymem of the debt hereby aetured given by Ihe MORTGAGEE w its successon or auigns, shaN operate ro?ekase, d~scharge, modify change or aiiect IFro aig~nal liab~iity of tM MORiGAGOit herein, eiMer in whole a in part. 10. N is specifically sg?eed ~ha~ _ time is of the euence of this conrract snd th~t no wsiver of any obllgetio~ hereunder er of ths obliystion se- cured hereby shall at any time thereatter be held to be a waiver o! the tsrms hereoi a of the imtrummt secured herby. 11. In add~tion to the forego'ng mon~hly payments of prinCpat artd interest required by the promiuory rqre secu~ed hereby, mortgsgpt cpvensn?s and agrees to pay to ~r:o:~gagee v~,ah each mon~hly pay,: em an addniw~al sum es~~ma~ed by mortgagee to be equa~ to 1/12 of the a~nual cost of the follow- ing: A-All real property taxrs lev~ed or assessed agai~~st thc above desvibed real estate. - _ B-Premiums on fire and windsto~m insurar.ce as here~n requ~red to be caneed on 1he improvemeah sitvate on fhe above described premises, C-Premi~ms on such mortgage g~aranty ir.su~a.:ce as mortgagee shall from t~me to time deem fit to tarry on the loan secured hereby, Mwtgagee sfiafl fram rime to tirne notiFy mortgago~ in writing o~ the amovM dur snd payable hereunder a~d wth wm shall therevpon be dve and payable on the due date of the next monthly paymenr and each successive month thereafter untit mwtgagee shall notify mortgagoi of a change in sutF~ amouni. $uch sums sha;i be appiied by mo.tgagee roward the payment of real property taxes, insursnce pramitrms, and aye guasanfy inwrance premiums. . IN WITNESS WHEREOF, the said MORTGAGOit has hertunto set his hand and sea! the y a y 1 w id. r~~ SiQned Seikd a.sd delivered i~ the prex~ce of; • _ ~ ~ ? ~ u q - K=-n STATE OF fIORIDA ~ coaNir oF St. Lucie ~ u- ' ' 6efore me personally appearcd Charles C. Hayling Jr. a single adult ~ ~ia~ii~, to me well known and known to ms to b~ the individual desaibed in and who executed the foregoing instrumeni, and acknowledged befwe me that .hs executed the same for the purposes therein expresud. !~d air.-`J ~vii~+~.~rl~e~~.ir epae~~iep~~lit ~nd~pri~h ~y+~i~alir~~~fiharss~rar~. arW.~past.fao~wwaa rid.tws6~r~r~acMr~wi ~~d-t~ ~wd-b~t+re~s•~i~s~ r!w s~ws~rl~~ii irNlww~~M f+r~eip.~w~ wl~wa ~ar~ily .~~ri~irul ~oy. ~yJsior? ~ont~sia~. ,rp~p~el~ j~wf~ss ~L ~r.fror?~iw~wi~l inra~awi WITNESS my hand and official seal this ~ day of Sente~ber A. D. t9 75 k ~~C~AOEO ~ FlI.ED 1?- ~ , Sj. LilC1E :flUM7Y F ~~v=~ p~1~R~S Notary Public in ~nd ths Stat~ of Flwida ~t lsrpe Retum To: • C1.~j{,~C G'`~:UIT C01lAT My Commiuion. expi? r )CFtf G: ~ JQ • ~O _ f ~ Fint Feder~l Savings b loan Association P.~r.: K' - . Of Fort P~erte. ~ ~ ~ ~ O~ O~ ~T~ ' ' Fort Piercp, Flor~da ~ ~ . •~}~'~f I + lll !f 3~b`fis~ ~ :::..~1's.; ~ . This lnstrument Prepared By RobeYt A. Swisher Jz ± 1 e•.:~~ ~ . First Faderal Savings ~ Loan Association : ~-j~, • of Fort Pierce ~ R1oZida 33450 = ' ~ ' ~ ' ~ • - ; ~Y.: Ch ed . . : ~ ri' ~ cl V 1 ~ , : : . ; ' : ~ . . . ~ ~ ~ R 243 Pa~E1977 ~,--..:,,<<,:.;~»~~~s-~ BOOK . =F~~ . , . r - . - d2 - '-:-~u- ~ ~ ; - :_T,~ ~ r ~ m~.~,, _