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Home My WebLink About1954 . J. To piac~ and continuously keep o~ ihs buiidinqs r,ow w here~f~e~ utva~~ o~ satd I~nd and on ~II equipme~~ a~d pe~wnatly covsred by thii mor~ p~, wi~h all ptmiw~u ~hc~eon p+id in 1ui4 fir~ i~su~~nce in ~M ~~ual itandard yo1kV form, tn a sum approved by IM MORSGAGEF, u+d w~nd~twm insuranc~ i~ ~M ~swl i~andud po~~cy fam, i~ a a~m approv~d by ~M MORiGAGEE, in wch tompanY o~ compa~iM a t1?e MORTGAGEE may dir~cq ~~+d aU ('u~ ~nd w~nd?to~m insu~anc~ policics on ~ny oi ~aid buiW~nps, any in?e~~~~ ~he+~i+? a p+rt ~Mrwi, i~ tM pyre9aq wm alwesaid w in ~xc~ts tMrso(, thall conuin ~ht uswl sta~dud inortgspea clause o~ wch ahsi clsva ~i tM Ma~yagN m+y nquin. ma?iny ~M Iou ~nd~r uid polF citf, eath and evsry, payable ro said MORIGAGEE +t ~ti inle~est may ~pp~a?, and each and eve~y such policy ahall be promptly us gned s~d de~ivered to any MW by s~id MORfGAGEE as furths~ iec~riW to said nartyaQe debt, and, r+ol leu ~han la~ (IO) days in advanc~ of tM ~xpiration of e+ch policy, to dr I~ve~ to said MORTGAGEE s renewal ~hereof, to~e~lw~ wlth a rece~pl for the premivm ot tuch ~enewal; and tMn ~MII b~ no 1ue o~ wind~torm infv~~M! pl~ad on any of said buildinps. +ny interest ther~in or p~r~ thereof, unleu in the (orm and with th~ los~ paysbl~ at a(wsiald; ~nd in tM evt~t s~y svm of nwn~y b~comes payabl~ ur+der iuch policy w pol~c'as said MORTGAGEE shall haw ths optwr? ~o receive and apply tAs sam~ on ~ccoun~ oi the i??debted~ nes~ setv~ed hNeby or lo ptrmit said MORTGAGORS to receivs and u3e it w any part thereo~ 1w otner purposet, without tharebr waivi~ig o~ ~mpair- irp any pu~ty, lien a right under o+ by virtus of thw mo:sga~e; and in tM avent sa~d MORTGAGORS shall fa any rea~on fai) ro keep the said prtmisK w insured, or fail to deliva {uomptly tny of said policies of insurance to said MORTGAGEE, ot iail pcomptly b pay fully any prsmium thmefw o~ in a~y j .eapect fall b pe~fo:::~, d~uharge, executs, effed, complets, comply with u+d ab~de by tlus covenant, or any p~rf he~eof, taid MORTGAGEE may place and pay f~ suth insurant~ w sny part the~eof without waiving o~ aftetting any oplion, lien, eqvity, or righl undsi a by viAUe' of this Mwtgag~, and tht ' tutl ~mount of e~th and evary svch psyment ihall be immediately due and payab~e snd thall bear interest (rom ths dals Ihereof until paid al tM rate of mne pe~ cent~m pe~ an~um snd to~elhe~ with such interest shall be secvred by the IiM of lhii mortgsge. . 4. To pe~mit, commit w suffer no wasts, knpairmcnt or deterioration of said property w any ps~t tlxxeof. ~ ~ S. To pay all ~nd tingulu Ihe cost~, chuga •nd expenses, 7ncludirg a reuonabla attorney's fee and coitt of abstracls of titl~, incurred a paid at _ _ ' any time by said MORTGAGfE, because or in the event of the }ailure on the part o( the said MORTGAGOR to d~rly, promplly ~nd fufly perform, dixharg~ e,ercvte, effett, compfete, canNly w~th and ~b~de by ~xh and every the stipulat~w+s, agreements, conditio~t. ai~d toveoants of said promiuory note and ~his mwtgspe any w ei~he?. and sa:d costs, char~es aod expenscs, cach erKl:wvry. shalt be i~unedieteiy due and payable; wheiher w not ther~ be notite de- ^ msnd, altcmpl to colkct or wit pend~ng; and ths full amount of eacA and every such payme~t iAall bear i~tere:t from Ihe dafe tMreof until paid ~t Ihe r; fe o( nine per centum per emium; and sll said coats, chargrs and ex~rnses iMVifCd 01 Pd~(I, together wilh svch intuest, shall b~ tetured by the ~ien of this mortyage. , . ' r 6. That (a) in Ihe event of any breach of this Mwtgage or defsulr on the pa.t of the MORTGAGOR, w(b) Tn tMe eve~t ~ny of said sums of nwe~sy ' herein r~ferred to bs not promptly and fully paid within thi.ty (30) days next after the same severatly become due snd payable, without dem~nd o~ notice. ~ or (c) in ~he evem each ~nd every the stipulations, sgreemenrs, cundirions and covenaros of sa:d promissory rate and th~s mortpspe any w ~ither ue no1 iuly, prompdy and (utly performed, d:xharged, ea~cuted, eifeued, completed, compGed wrth and abided 'ay, then in either o~ +~y s~ch event the said a¢ gregate sum mentiormd in said promissory note then remaining unpaid, with interest accrued, and aN moneys sec~red FKreby, ~hall becwnt due and pay- abte (wtfiw~th, w thereaiter, d?he opr~on of said NtORTGAGEE, as fully and completely as if all of the said sums of money were aiginally aGpulsted to Fx pa~d on such day, anything in sa~d prom~sswy note w in this Mortgage to the contrary notwith~tanding: aod lhereupon or thereafter a1 the option of said MORTGAGEE, wi?hovt no~ite or demanJ, s~+t at law w in equity, lherefore or tl~creafter begun, may be prosecuted as if all rt~oneys tecur~d hareby nad matured pnor 10 ~ts i~stitution. ~ 7. Thar ;n Iht event that at the beginning of ot ~t ~ny firne pending any auit vpo~ this Mortgage, w to foreclose it, or to refwm ir, oi to enforp paymeni oi any da~ms hereunder, sa~d 6tiOR~GAGEE shall apply ro the Cowt hav~r.g ~urnci:c~ion thereat fw the sppoimment of s Receiver, ivch Co~rt sMll forfhwifh appoint a+eceiver of said mortgaged prope.ly al~ ~nd singular, incl~d:ng ali and eingular fhe income, prolits, iuuss and reveAues irom whafever wurce derired, each e~d every of wh~ch, it be~ng express~y undrrstood, is hereby mortgagcd as if tpecAicatly se1 fo~th ~nd dewibed in ths yrantirg and habendum ctsusts hereof, and such Receiver shall havr all ~F.e broad and rffectlve fuect~ons and powers in anywise entrusted by a Cou~t to a Receiver, end such appointmenf shall be made by wch Court as an admitted equity and a~rat:er of absolute right to said MORTGAGEE, end without reference to the adcyuacy or inadequacy of ihe value of the property mortgaged w to the soivency cr ~f~solve~cy of said MORTGAGOR or the defendants, and that such :ents, profits, income, issues snd revenues shali be applied by such Receiver acco~da~g to the lien w equity of wid MORTGAGEE and Ihe practice of such Court. 8. To duly, prnmpt:y and futly perfwm, dixha~ge, execute, effett, complete, cortipty with and abide by each and every fha stipulations, ~greements, ~ conditions and covenams ]n sa~d promissory note and sh:s mortgage set forth. 4. That in the event the ownersh~p of the mortgaged premises, or any parl thereaf, become~ vested in a person othe? fhan ihe MORTGAGOR, th~ r',ORTGAGEE, its successora and ass~o.^.s, may, wirhour not::e to the MORTG~OR, deai w~th wch succeuw or successw in interest with refrence to this rr.ortgage and the de~t hrreby setured in the same manner as w~th Mortgagor without i~ a~y way vitiating or d~schargirg the Mortgsgors' liability here- under or upon the debt he:eb.~ secured. No safe of the p~emises hereby mwtgaged and no forbearance on the psrt of the MORiGAGEE w its successors or assigns and no eatens"ron of the time fa the payment o1 the debr he~eby secured given by the MORTGAGEE or its svctessors or auigns, shall operate ' to refrase, d~scharge, modify change or affM the orig~nal liab~lity of the MORiGAGOR herein, eifher in whola w in parf. 10. It is spetifically sgreed thet time ii of 1he es~ence of this contratt and that no wai~er of ~ny obligstion hereunder ot of the Oblly~tion ~e- cured hereby shati at any time thereafter be held to be a waiver of the terms hereof u of the instrument secured herby. I1. In add:t+on to the forego:nq monthly payments of princ'pal and inre~est required by the promissory no~e setured hereby, mwfgagw covenants and agrees to ~ay to mo:tgagee v~ith each rtcn;hly payme,it an addisiona!'r~m es:in:atcd b~ mwtqngee to be equsl to 1; 12 of the annual tos! of the follow- ing: . • A-All real property taxes le.~ed o~ assessed against thc above desc~~bed reat estate. , B-Pren::ums On fire and wuxistorm insurance as nerein rrqu:red to be w:ried on ~he improveme~ts sit~ate,On the above destribed ptemises. C-Pre^uums on such mortaage gvaranty inswar.ce as mortgagee shall frcm t~me to time deem fit to tarry on tfie (oan secured hereby. • Mortgagee shai! from time to tlme notify mortgagar in writing of the amo~~t due and payable he~eunder end such wm ;hal! thereopon be due and ~ ayable en +he due date of ~he next ~rwnthly payment and each successive month thereafrer urtil mortgagee shall not~fy mortgagor of a change in such ' amount_ Such sums sFail be ~ by mortgagee toward the payment of real p~operty taxes, insu~ance prem:ums, and mortgage guaranty inwrance 'i i fremiums_ IN Y~ WHEREOF, a~ RTGAGOR has hereunto set his har.d and seal the day and year first oresa' ~led ' er n t presence of: FILEfl : k~ ~~~~k0E0 ~ ~ ST. ~Ur,~~ ;;~~;hTT F~~, ~O;E~ = ~•lTRAS C.EAK C~-c~:; COURT ~ n pfrni~ 'r; :rric~ ~ ~ ~K (Sean . ~ - Oc~ 9 3 2~ ~N 'l5 S~ATE OF FIORIDA COUNTY OP st. Lucie 318'715 Befwe me penonally appeared Mszlin itogerCook (~~VS ~O~k his wife, to me well krawn and known to me to be the individuals desa~bed in and wha executed the fwegang instrument, end acknowledged befwe me that they executed the _ same fw the purposes rherein expressed_ And the said C~~a C~k - .vife of the said ' upa~ ~ sep~ral~ M~d'~Mivaf~ examinat~on by me ?aken separate and apart from her seid husband, adcnowledged to and before me fhat she executed uutniif~Mtt1fl~l~y artd YOlurr rarily and w+thout any compuision, constraint, apprehen jo (ear of w from her said husbsnd. , ' f:. ` NITMESS my Fr~nd and offic~al tcal this__ day of r '/4 i! 75 _ c<. ta Pub in and fw the ~n : ' • My Commiuion e r~p ,t~ ~ • , _ Retum To: No~ary~uW'~c, SteM=of ftd*~• ~ . ~A Coeae~istioa ~Jm.:~ ~ First federal Savings d. loan Associat~on Y ~P~'1~; Donded by AaMdca/l 15i~ Casudty~. 'a Of fort Pierce. • Fort Dierce. Flwida ' ~ ~ • `r : This Instrument Prepared By J. Hal ~Oberts~ Jr. (~j?y First Federal Savings ~ Loan Association of Fort Pierce~ Rlozida 33450 _ Checked By ~ B~~K244 r~~E1~55 ~ ~ - ' ~ ~ = s . - - - - , . ~ y ~~t~ ~ . . ~ -