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Home My WebLink About1036 S. To pl~ ~nd ca+~Jiwous?y kep on tM build~nqs now a Mr~~ft~t ~itustt on said IuwJ ~nd on ~II pufpmertt ~nd p~~~oe~ally cova~d by thla ewrp~ sp~. with dl pr~mium~ ~Mreon p~~d in tull, tirs Ioturanc~ in Ihe uswl iunderd policy form, in • sum ~pprowd by th~ MOR(GAGEE, aod winditwiw insw~~ty in tM ~nw) ~tandard pol~cy fam, i~+ • sum •pFxov~d by tht MpRTGAGEE, in ~vch ta++p~ny a canpani~s a tM MOR~GAf3EE n++r di~Kll a~d ~11 tin u+d wind~~orm inivranc~ policKi on any of saW bu+ld~nps, any In~~.~it the.~in w pa.t the~wl, M ~M ap~rp~q wen afa~saW a , In ~ap~s tMrwf, ~hall coo~sin ~M us~a1 ~~~ndard mwtyagN cl~us~ o~ such other cl~uw tM Matpsye~ may req~u~. maAinp tM toss undN s~id pol} cip. ~ch ~rd ~vKy. paYabl~ q said MpRTGAGEE as itf intt~est rnay ~pps~r. a~d e~ch and every s~tA policy ~hall b~ promptly a~s.9.ud ~nd d~tivNed ro •ny MW by said MORIGAGEE tunMr acwity to u~d mortya9~ debt. and, ~of Isu ~Mn ~en (10) days in advsnc~ of ~hs ~xplr~tcon of each policy. to da tivn to wid MORTGAGEE • rN?ewal ther~of, top~~Mr wirb ~ receipt fw Ih~ premivm of such ren~walJ ~nd ther~ ah~ll b~ no }u~ a wind~~am ins~~~nc~ _ pt~pd on any of taid buildirqs, sny inbr~tl tl+a~in w part th~reoi, ~~less in ~he form ~nd with ~h~ lou payabl~ ai afa~siWt a~+d In tM ~venf ~ny wm ~ ot mw»y bccomes payabk ur~ such poliey a polkies u+d MORTGAGEE ~hatl have ~M op~an to ~~ceiw +~nd apply IM wn+~ on ~ccovn~ of tM ind~bted- ' nasLSKU~tti hN~by Or b permif taid MORTGAGORS to ?eteiW and uas 1t p•iy part thercof lor otncr purposes, without Ihereb/ weiving ot ~mpair. - inp +~y pviy, lien or riyht u~der p by virtw of this mort9ape; ar+d M the ~ven~ ~a~d MORTGAGORS ~all fa any r~aw~ fail w ke~p tFw ssid premiu~ so inswed. w fatl to deliver promptly ~ny of taid policitf of insurance to said MORTGAGEE, or fail promptly to pay fully any pr~mium thtnfor p in ~ny respecf fail ro pNform, diuharge, execvte, etFett, compl~~s, compF~ with and ~bid~ by thi~ cove~anl, a any part herwf, uid MORTGAGEE may placs •~+d P+v (a tuch Intwanc~ u any parf thereof w~tfaut waivinq or atf~cti~p ~ny option, lian, puity, a righl ~nde~ a by virtw o1 this Mort9ap~, ~~d ths full amouM of each and ~vsry such paymeM ihall b~ immediately dw aod payabls and shall bear interef? from tM d~f~ the~eof until paid at tM ~ate o1 ~~ns per ceotum pe. annum and ro~eihar wi~h such int~rest shall be fccured by the l~ o! tha morl~aye. 4. To p~rmit, commit w ~uffer no w~ste. impairment a deterioration of Nid property o? ~ny part thtreof. S. To pay ~ll a~d singvlar ths cw~s, charges ~nd expensei, Inck,d~rg a reason~ble atfomey's fes and cos~s of abstracts of title, incur.ed w patd a1 any time by wid MORTGAGfE, becavss w in the event o/ the fa~lurs on tha part of ii?~ said MORTGAGOR b duly, promptly and fulty psrfwm, distharq~, executs, effect, compl~q, comp{y wuh and ab:ds by each and every th~ stipuiat~ons, ag.eenxnts; conditions, and covenants of said pranissory note and ~hq mortgape any or ei~her, and sa~d costs. cha~ges and expenses, each and ~ve~y, shall be immedi~tely dw and psyabk: whether w not ther~ be notite dr mand, ~ttsmpt to collecl a s~it p~nding; and ~he fvll ~movnt of esch snd rvery wch paymen~ sh~ll be~. interest irom ~he date the~eof until p~id ~I the rate of nine per cantum per amium; and all uid costf, charges and expenses incurred w paid, together with such interest, iMll b~ sKUrad b~r tM li~n o1 thiti mort9aye. 6. TMat (a) in the event of any breach of this Mor~Qaye o~ defaul~ w? t~ie pa~t of the MORIGAGOR, a(b) in the ~ve~t a~y of sa~d sums of money herein rofe~ret! 1o be nof prompNy and fully paid wi?hin thn~y (30) days next aNer the same severally be~ome due ~od payabls, wifhout demaod or notite. or (c) in the evenl each and evcry 1he stipuiations, sgreements, condirions and covenants oF sa~d promiuory rab u~d th~s matp~e any w either ~r~ nol ~uly, promptly and fully performed, d;scharged, exetuted, etfectcd, completcd, complied with and abidrd hy, then in eithtr a ~ny s~th ~vent Iha said a¢ gregsts wm ment'aned in said p?omissory note then remaining unpaid, with interest aurued, and atl moneyi secvred her~by, shatl betort~e dw and pay~ able forthwith, or the~eafter, at the option oi seid MORiGAGEE, as fully ~nd compleuly as if all of Ihe iaid wm~ of ma~ey wer~ wipir?~Ily stip~l~ted to be paid on svth day, anylhing in sa:d pro~nissory note a in this Mottgage to the contrsry notwirhst~ndinp; snd the~eupon or fhlre~fta ~1 fM Op~iOn of said MORTGAGEE, without notice w demand, wit at law w in equity, tht~efwe w lhereafter bep~n, may ba pro~ewted p if ~II moaers ~acund hereby had mat~red ptiot to its institution. 7. That in the event that at the beglrtn~ng of w d any ~ime pending any w~t upon this Mortgage, or to fpeclos~ It, or to refwm N, a to enfwc~ payment of aay claims hcreunder, wid MORTGAGEE ahall apply ro the Court having jurisd~cfion thereof (or U~e appointmeM of ~ Receiver, svth Court shafl fcrrhwith appoint a reteivcr o( said mortgeyed propeny all and singu~ar, inctud~ng ail and s~ngular the income, pro4fls, iswss and revenues fipn whatsver source derivtd, each and every oi which, it being expcessly unde~atood, is hereby mo?tgaged as if ipeti{ically set forl}~ ani! dauibed in Ihe prantinp a~+d hatxndum clat,~ses heteof, and suth Receiver shsll have all the broad and effective fur,ct~ons a~+d powcrs in anywise entrusted by ~ Covrt to a Retetver, and a: ch appoimmcnt shall be made by such Court as sn adm~tted equity and a matter of aE:olute r'~gM fo said MORTGAGEE, and without reterence to th~ adequacy w ir~adequaty of the value of Ihe property mw~gaged or to the so+vency w insolvency of uid NWRTGAGOR w the defendants, and that wch renrs, profits, income, issues and rovenues shall be applied by such Receiver accor~l~ng ~o tM lien or equity oi wid MORTGAGEE and the practice of such Courf. B. To duly, promptly and fully pcrform, diuharge, execute, effect, compiete, comply w~th ~nd abide 6y each and every 1he stipulation~„ ~yreemenb, :ond~tioro and covenanrs ~n sa~d promissory note and ~hfs mortgage set fwth. 9. That in fhe event the ownershtp of the mortgaged premises, a any parf thereof, becomes vested in a person other th~~ the MORTGAGOR, tl+~ AtORTGAGEE, its s~cceswrs ar,d assigns, may, without not;ce to the MORTGAOR, deal with such wccessot w successo~ in inte~est with reference to this morrgage and the debt hereby sec~rcd in the same mannet as with hbrtgagor without in any way vifiatiny p diuharging the Mortgayors' liabifity hera unde~ or upon the debt hereby secwed. Nio sale of ~he premises hereby mwtgaged and no forbesranca on 1hs part of tM MORTGAGEE or iri s~rcceuors or aaaigns and no extensron af the time fa the payment of the drbt hereby secured given by the NIORTGAGEE w its sutcessors ot assi9rq, shall operaM ro rolease, diacfiarge, modify change w affect the orig;nal liability of the MORTGAGOR herei~, eifhtr in whols w in pNt. 10. It is spec~fically agreed fhat time is oi the esssnce of this contrad and that no waivet of ~ny oblig~tion heteunder or of tM obliydion se- cvred harsby shati et a~y time lhereafter be he:d to be a waiver of the terms hereof a of the inslrument utured herby. 11. In add~tion Io the forego'~g mor.thly paymems of p~inc'pal and interest required by the promiasory nore secured her~by, mpfgagor covenants and agrees ~o pay to mortgagee vvnh each monthiy pay,~:ent an add~tional sum estimated by mwtgagee to be equal to 1/12 of the annual tost of the follow- ing: A-Ail real properfy taxe: levied w assesscd agai~st .the above des:ribed real estate. B-Prrm.iums on fire and windstam inswar.ce as herein reqv~red lo br ca+ried on the improvements sitvate oo the sbove described premises. , ~-Vremiums on such mortgage guaranty inwrar~ce as mortgagee sha~l from t~me to time deem fit to wrry On the ban setured hereby. Mortgaqee sfia!f from time to time not~fy mortgagor in writing of the amount d~~e and payabie herev~de? and such sum shall thereupon be dve snd c ayable on the 8ue date of the next monthly payment and each svccessive mo~th thereafter until mortgagee shall notify mortgagw of a cha~e in suth -.ovnt. $uch sums shaSl be applied by mortgagee taward the payment of real paoperty taxes, insvrante prem:ums, and morigage guaranty irnursnce o•emivms. ` IN WITNESS WHEREOF, the uid AM1ORTGAGOR has he.eunto ut his ha~:rl and seal the day and yesr fint sforesaid. Signed, Sealed ~nd delivered ir? the presence of: i HLE~ •'•y_ ''L~~RUEO ~ _ ST_ ~uC<< y~LNTIf FLA. .d ~ 9 ~.S i~_ ° ~ - ~ ' RGC:' ':RAS a ~ ' Ctf.?R •r~ 7 COURT ~ ~ ' FFf~Y~ v= =;~'1 rc~.q ~ STATE OF FtOR10A ~T 31 9~ A~' 1~ ~ COUNTYOF St. Lucie ~ ~ ~sb 3~~~ ~ 9 rrL.~.. Be(ore me personally appeared Stephen L. Chapman @ Diane T. Cha man 3 - p his wife, to me well known •nd known to me to be ~ rhe individuals dewibed in and who executed the foteyoing instrumsnt, and ackrwwledged before me ffiat they executed tF?e same fw the ptirposes ~h2,~;~ expres,ed. ,4r,d the sa,d Diane T. Chapman ~ ...r., of ehs u~d Stet~h -n _hat~man p~,ate ~ e,am~nation b me taken x rote and a = uP~ a up~rate and y ps part irom he. said husband, atknowledged to and before me that she executed said instrument freely and volurr ~ ~a~~ly a~d w~thout any compulsion, constraint, apprehension, feu of a from het iaid husband, ~ tI ' S € WITNESS my hand and offic~al seal this ~ day of CtOber A. D. 14 ~ ~ i ~ ~ ~ s Notary Pu lic in • for t State of Florida ~f Larpe E ~ My Commission expires: Relurn To: ~ First federal Savings 3 loan Association t irUTAHY F'1+'!L'~~. S?Ai! nt tLU~IUA st IARG~ a Of Fort P,erce. bIIY LCi • i' ~ i,::~_'o li~N. 7. 1971i Fort Peerce, Ffo+idr ~ 4ocWrA ay ~unttK.an us.~?c~s iatutaoci C9i_ t r'.N~:fJ/f/, ~ ~~J~~'-~'(~liji ~ 4 ~ • ~i s:'s . ~ `J~ This Instrument Prepared By RiChard K. Kayes ~ First Federal Savings 8 loan Association ; : . s ~ of Fort Pierce, Floridd = . ' ~ _ . ~ . •.i ~ ~ Bofl~ 245 F~~1031 ~ f= ~ ~ ~ ; Checked By , ~ ~ ~ , ; _ . . ;j/ J,. J ` Q...` ~~o , G~ , , ~ ~i ` ' ~ . ' - . ~ _ _ v _ - - _ , - . _ , ,'Zr ~ ..y ""Y..~`. ' ~ _ ^ ~i4'•~i• _ _ _ ' ]ai""~~~i_. .