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Home My WebLink About0739 ~ ; To plac~ and continuously keep on the build~ngt now or hQreafter ~itva~e o~ said land ~nd on +11 equipmtnt u~d p~nonaliy cov~~~d by this morfg~ •g~, with ~II pr~miums thereon pa~d in futl, fire insurance i~ tM usual standard pot;q (wm, in • ivm approv~d by th~ MORTGAGEE, u~d wind~torm insurant~ in tM uswt ~~.ndard po6cy (wm, in + s~~n approvad by ths MORiGAGEE, in ~uch tomp~ey or canpa~iq as Ih~ MORTGAGEE ~m~y dincti ~nd all (ir~ ~nd w~.xl~~orm iniurance pol~ues on any of sud buiW~rg~. ~Ily infO~Nt thO~0if1 Ot p~fl tMflO~, If1 1FN ~qrf~l~ Wm ~IOffM1il 01 !n ~xt~~s thereof, shall contain tha usual standard morigagee clause or such olher clauN ai IM Morlys~N may rsav'u~, makinp tM los~ unde~ sa~d po~i~ uas, each and fVNy, p+yabl~ ro said MORiGAGEE ai ~ts in~e.est may appea?, and each and evsry tuch policy ~hall be pranptty ~u:yned and d~liv~red ~o ~ny held by s~id MORiGAGEE as further tecurity ~o uid mwtgage debt, and, not leu lhan ~en (10) days in sdv+nc~ of Iht expir~tion of t~ch polity. to d~- i+v~? to s~id M~kTGAGEE s~enswai ~hereof, toqeti~er w~~h a rece~pt fw Iha prsmium oi such ~enewal; and thNt shafi b~ no fir~ w winditorm inswu+c~ pl~t~d on any of ia~d buildings, any interest there~n or part thereof, vnless in the form ~nd with ~ht lou payabl~ ~s afor~said; •nd in tM ~v~nt any swn of money become~ peyable under iuch policy or poticies said MORiGAGEE shall hare the option ro~eceire s~?d apply ths sam~ on accou~~ of tM indeEtad~ neu setur~d haaby w to pumit said MORTGAGORS to receive and uss it or any par? thereof for other purposet, without the~eb/ wsivi~~p o~ unpair- ir~ any ~quity, lien or right unde~ a by virtw o} ~his mo: tgaye; and ir1 1FIp WMl N~d MORTGAGORS sMU (o~ ~oy ~eawn (ail to keep the uid p~~mises so ~ insured, or (ail lo delive~ promptly ~ny of aaid pot~cies oi insurancs to said MORTGAGEE, or fail promptly fo pay fully a~y premium the~~fq p i~ a~y ~ ro~pect fail fo perfwm, d~scharge, execute, e(~ec1, tompleta, comply with and abide by this tovenanf, w~ny part htrwf, said MORTGAGEE may p~Kf and , r• pay ta such insurance w eny part therto( without waiving or affectinp any option, lien, equity, w ripht vnda a by virtw o( thii Mo~tyape, ~~d the full amount of each and every such payment shall be immediately due and payable and thall bear intereit irom ths date thereof ~n?il paid at the rat~ oi ? n~ns pea centum per annum and to~e~her v~•ith such ime~est shall be secured by the lien of this mo~t9age. 1. To pe~mit, commit a suEfer no waste, impairment w dete?ioration of said property w any part thereof. 5. To pay afl and singutar the costs, charges and expenses, inclvdinq s ressonable +ttwney's f~e and cosn of sbstncts of titl~, incvrr~d w paid at •ny time by said MORiGAGEE, because w in the event of the tailurs o~ the part of tM said MORTGAGOR to duty, promptly ~nd fully perfwm, d~xMr~ eaec~te, effec~, compte~e, comply w,th and ab:de by each and overy the atipulations, ag?eemenri, conditiau, and oovenants of said Rromiuory note and ~hi~ mortgage any w ei~her, and sa~d costs, charges and expenses, each and every, sMll be immediately due ~nd payablr, whether p not the?~ be notice da mand, attempt to rnllect u suit pe~diny; and ~he fufl amount of each snd cvery such psyment shall be~. interest from the date thereof until paid N fh~ ratc of nina per cenfum per anuu:n; and all wid cosn, charges and exRenses inturred w paid, logether with such interest, aMll b! satured by th~ litn of this mort~ay~. 6. TMt (a) in the event of any breach of this Mortgage w defaule on the pa~t of ~he MORTGAGOR, a(b) tn ~M ~vent any of sud sums of awe~r herein refe~red to be not promptly and fully paid within th~rty (30) days next after the same uve~atly become due snd payable, witFa~t dtrt?~nd o~ nptite. or (c) fn tM event each and every the stipulations, agreemeros, cond~tions and covenants oi ssid promiuory nott and this mat9ay~ any p ~ilhe~ ar~ ~wl p:::::.,;:t; a::: i;;SEt ~;er::;::::~. 3:x~.a~y~3. ex~.~te3. E(inieci, ccrirp~a~cd, cau~pi~d wiin and ac:bed by, i'nse in t~~iwr or ~~y ~~rch wem tiN sa~ ap~ gregate wm mentioned in said promissay rrote then remaining unpaid, with interest accrued, end all moneys satured hereby, sMl) betome d~ and p~y- ~ able fathwith, or thereaEter, at ~he op~~an of said MORTGAGEE, as fully and completely as if all of the said wms of mo~ty wtr~ aiginally atipu:ated ~ to be paid on such day, anything in sa~d prom~ssay note w in rhis Mortgage to the contrary notwithstanding; and thereupon or thereatter at tM option of said MORTGAGEE, wi~houl ratice o/ demand, suit at law w in equity, therefwe or thereafter begun, may be prosetvted u if all rnonsyt s~cur~d har~by nad maturcd pnor to its ins~itution. 7. Thaf ia the erenr ?Aat at the beginn~ng of ot ~r any time pending sny suit upon this Mwtga9s, a to fpedow it, a to reform tt, or fo enfwp payment of any claims he?eunde~, said MORTGAGEE shall apply to the Coun hsving jur~sd~ction thereof fw the ~ppointment of a Receiver, svch ~o~rt sF?ifl forfhwith appoint a receiver of said mwtgaged property all and si~gular, includ~ng all and singular the inco~~t, pro(itf, Istues and revenusi from whatevet source derived, each and eve.y of whrch, i~ being exp~eesly understood, is hereby mortgaged ss if spec~fically ~et forth ~e~d d~wfbed in ~1w pranrirp and ' habe~dum clauses hereof, and such Receiver shalt have all the broad and effective funct~ons and pow~rt in anywis~ Mhvatad by s Co~A fo a Rtceirer, ~nd j ~~ch appointme~t shall be made by wch Court as an admitted eqv~ty and a matter of abwlute rigfN to ~aid MpRTGAGEE, and without ~eference to ths edeqvacy or inadequacy of the valve of the prope~ty mwtgagcd or to the sotvency or insolvency of said MORTGAGOR p ihe defendants, and that such rems, profits, income, issues and revenues sFwll be applied by such Reteiver accord~ng to the ~ien os equity of said MORTGAGEE and the pr~ttice of such ; Court. ~ 8. To duty, promptly and fully perform, discharge, ezecute, effect, comptete, comply with ~nd abide by each and every ths stipulatioro, sgreements, conditans and covenams ~n sa~d prom~sswy note and this mortgage set forth. , ~ ; 9. That in the eveM the ownenh~ of the .rrwrt a ed remises, w an ~t thereof, btcomes vesfed in a = P 9 9 P Y Ps pcno?? other than the MORTGAGOR, the ~ M,ORTGAGEE, ~rs successors and au~gns, may, withouf notice to the MORTGAOR, deat with such wcceuor a successor in interest with referente to this rnoatgage and the debt hereby secured in the eame manner as with Mongagor without in •ny wsy vit;ating w dischargir?p fhe Mortgagors' liability herr under or upon the debt hereby secu~ed. No sate of ~he prem~ses 1~ereby mortgaged snd no forbeeranee on tM parl of ths MORTGAGEE a its succeswn ~ or ass~gns and no extens~on of the time fa the payment of the debt hereby secured given by the MORTGAGEE w its autteswrs or ~ui9ns, shall optr~tt io rekase, d~scharge, modity change ot affect the original liabiiity of the MORTGAGOR herein, eithet in whole w ln put. 10. It is speuficatly agreed that time is of the essence of this contr~ct and that no waiver of eny obliyaYwn hereunder or of fhe obligitan se- cvred Fxreby shalt at any time the~eaf~er be hekl to be • waiver of the terms hereof or ot the i~trument secured herby. 11. In add~rion ro the forego ng monthly payments of pri~c'pa{ and imerest req~ired by the promissory nole secured hereby, mortgagor covensnts ~ and agrees ro pay to mo:tgagee with each mo~thiy pay~nent an add~rional sum esumated by mortgagee to be equal to 1~12 of the aonwl tost of tF~e follow- V, ' ing: A-All real property taxes levied or assessed agai~st the a6ove dewibed real estate. O ~ B-Premiums on fire and windsrorm insurance as he.ein requ~~ed to be carried on the improveme~b situate on the abore destribed premises. : C-Premiams on such mortg~ge guarenty ir.surar~ce as mortgaget shall f~om t~me to time deem fit to carry on th! ban secured hereby. IC~ ~ Mort a ee shall from tirr~ to time not~f- mort r in wrih cf the amouM due and V~ ~ 9 9 ~ 9ago ng payable hereunder and suth sum shaU tlxrevpon b~ due and , ; Fayable on the due date of the next month:y payment a~d each successive month thereaf~er until mwtgagee shall notify mortgsgw of a ch+rge in such ~ a+-~ount. $uch sums shatl be applied 'oy morrgagee toviard the payment of real property taxes, i~surance prem~ums, and mottgage gwranty insurance 1\ e p~emiums• [T , O i IN WITNESS WHEREOF, the said MORTGAGOR has herevnto set his hand snd se:l the day and year fint afaesaid. ; ! Signed. Sealed~ de{ivered in tF:e presence of: ~ ; ~ o'C~ ~i L'' _ ~ FiLFii 4!l. i ll/ : ~ sT ~~~e:[ ,;i~Y FU?- . , I Kt~~:E wR5 l~`~ Wi i O Wr ~ Jr ~,n E _ tp, ~J-~.~ k,,L. 4 ci ~ i • ' :±c^ r=' • ~ Patricia T. WYi ht ~ , ~ ~aq ~ t [ STATE OF FIORID ~ $ _S9 ~ • ~ ~`ti ; ~ courvrY oF St. Lucie ~ ~ 31'7918 ~ ~ ~ Befo~e me personally appeared _ Wllildm 0. {~ldtlt Jr. ~ Patri~ia r_ wric h~ his wife, to me well known ~nd known to me to b~ !he individuals desuibed in and who execuied the foregoing ins~rumeM, snd acknowledged befwe me 1Mt they exewted the sams fa tht purpesei # rherei~ expreased. And the said Patrieia T• WYlgilt i ; w~fe of the .~~d Williaa O. Wriaht Jr. ,,~,.,re a;~„r• ~ examination by me taken uparate and apart from her said husband, acknowledgtd to end before me that she exetuted said instrument f?eely ~nd volun- ~ tarily and w~~hout any compulaiwi, constreint, apprehens~on?, or feer of w from her said Fwsband. 1 WITNESS my hand and official ual this__~S~ day of Septe~mber , A D. 19 75 ~ t ~ Not~ry Public in ~nd f Stat~ of florida at lar~ ~ Returp To: . My Commission expir ! O~~S~'` ~ Fint fedrra) Savings b loan Associat~o~ ~ ! Of fo:t P~erce. fort Pierce, Flori~la ,`,•~~y, ~ i 'j~,:/. E ~ ~ ~ . K ~ . ~ ; This Instrument Prepared By Donald E. Hughes . - ~ 3 First Federal Savings 8 Loan Association " _ ~ of Fort Pierc , FloY ida 33450 . ~ . . - ~ ; AA s~ • r . : • 'F, .,.,`,,J` . Check d00K ~`t't PACE 7Jt7 ~ ~ ~ ~ J ` ' ~ ~ Q ~ ....~•.:'i"' . ~ . . i ~ _ : ~Z ~ , . - - . ~ Y _ _ ^v_ . c ~ ~ ` ~ A-~-.:..s - y ~ ~ ' _ ~`3'~~.•~~:3~.~-"'~3~ . . , _ ' ~ :s`~__. _