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Home My WebLink About0497 ~ t To pl~c~ and conrimio~~ly kNp o~ ~M build~~gs now w FMtNffN ~IhNM Of1 N~ Itf1d Ofl ~I~ tQUi~MI ~11d Pl/fOf1~IIy ~OWfNI ~ IA{\ flWfi~ , pe. witA ~II pr~~ K~Mreon pa~d in full, fu~ iniur~nu in ~M vswl sta~dard policy lan+, in a ~um app~owd by tl:s MORTGAGEE. ~nd windstorn~ ^ j j iiau~~nc~ M? tiN uiwl i~andard pol:cy fam, in • ium ~pproved br tM 1MORTGAGEE. M wch compN+y a co~p+n~a +s tFw MORTGAGfE mar ( dfncq ~ed ~II f'e~ ~~d wind~~an+ Mwr~na policiai on ~ny of wid buitd~np~, ~ny fo~~r~~t tMnin w put rl+~rwl, in tM pprpar~ wm ~(a~a~id a~ .r ~ M u~uss tl~~of. ~MII co~tain tM wwl ~qndud ma~~+~ clww o~ such aiw. c1avN .s tM Maiy.~.~ m+y ~p~ru~. m~kinp tM lou undK N~d po1F . ci~ e~ch u+d ~vay. paYeW~ a uid MORTGAGEf ~s ilf inte~Nt m~y ~pp~a?. ud ~ach a~d ~wry wch policy ~hall b~ prompt~y Ns~pMd and dalivKad W ~ny Mtd by s~id MORiGAGEE ~s furtMr setv~~ty to s~id mor~p+p~ d~bt, ~nd, not kss tMn ~~n (10) d~lrs G~ +dvanc~ of ~M ~xpir~tion of ~~ch policy, ro dr ~ liw? ro s+id MORTGAGEE a ra»w~l therwf, toy~r!?u with a ~~t~ipt iw IM premiwn oi tueh rtewwalj and ~ha~ aha~l b~ no fir~ w wtndatam In~w~nu ~ plapd on any oi said buildinys. ~ny inte?~~t tMr~~n w p~rt tM~wf. uolssi 1e tM fo~m and with ~h~ los~ paYabl~ as •fonsaidt +~+d ie tM wenl a~ wm ~ of nan.y b«on~.i paybl~ ~odn such polky w pot~ci.s s.id MORIGAGEE ~hall Mw ~h. opnon ro receiw and ~pply 11» s+m~ on ~ccow~~ of tM ind~bted~ rnfs secv~~d i~~by w b permit said MORTGAGORS to receiw ~nd w~ N a sny part IFKrwf Iw other purposes, withovt th~reb/ waivinp w vr~i~- w inp any eQvity, li~n or ri9h1 u~der w by virtw of this morty~; u~d in tM ~v~nf wid MORTGAGpRS ~ha~l iw ~ny reawn fail ro kNp tM s~id p»miie~ w'9" inswed, w f~il b deliv~r pranptly ~ny of said polKies of insunnu to s~~d MORTGAGEE, w f~ii promptly 1o pay fully any premium ther~for a in any rKpect f~il w paform, discharye, executs. ~ff~ct, comptste. comply wirh snd abid~ by this covsnsnt, a any pa?t M~w/, s+W MORTGAGEE m~y pl~n s~d . ; paY (w such insurancs w a~y part thereof wirla~~ waivinp a aftectinp any option. ~iM+. pu7ty, or ripAt unds? or by vinw of this Mo.tqa~, ~nd tM ~ ~ fu11 ~mouM of ~ach a~d ewry such .paym~+N sMll be ~mmediately dw and payabt~ ~nd shall bear ioteryt irom tM dat~ thaeoi ~ntil paid at tM rat~ ol f nine pe~ tentum per annum and togethe~ with iuth iMSrest shall be secured by tha (iM o( this mOriqap~. 4. To permit, commit a wfiK no wast~, impeirment or detsrior~tion oi said props~ry w any part thereof. ~ 5. To pay all ~nd si~pular tM co~n, charpes u~d ~xpeoses, inclvdirg ~ rNSOnabl~ snwn~y's f~e and ooits of abstncts of titl~, incvmd w psid af 1 any time by said MORTGAGEE, because a.in th~ ~wm of tM failwe on th~ pah of the uid N10RiGAGOR to duly, promptly and fully p~aforn?, dischu~ ~ axecvts, efiect, complete, comply w~th ~nd abEde by each and every tM s~ipul+twns, s~reon+ents, tonditiau, and wven+ntt of taid promiasory rate a:+d thi~ ~ mortype any a ei~har. ~nd »~d cosn, thu9ei and ~xpenses, eacF~ and wery, shall b~ immedi~roly dw ~nd pay~bl~t wheth~r w not then b~ i+otiu dr ~ mand, u?empt ro colkct or wit pend~np: ~+d tM full smovnt of s+ch ~nd wery f~ch p~Ymem ~MII besr interes/ from th~ dat~ ~Mreof until paid ~f tM rate of ~ine pe~ «ntum ptr arnwm; and all said costs, tharpes and eapenses incwred p paid, top~ther with avch intt~tst, sMtl b~ Ncured by th~ li~n of fiwf ~ morl~~pe. ; 6. Th~t (a) in the went of any breach of th+s Matya~ a default on tFr part of ths 1NORiGAGOR, or (b) in th~ ~vent any of said svm~ of mon~y it iurein refared to bs not prompfly and f~lly p~id wi~hin thirty (30) days next after the sam~ ~everatly become dve +~d payabN. witAout dem~nd w notioe. i or t~ in the ev~m exh and every th~ ttiputations, agreemsnts. co~ditions and cwen~~ts o( s+~d promisswy note and thif mortpap~ any a either nc1 ~ iuh, promptly and fi~lly pe~fwm~d, d~scharged, executed. ~ffected. oompltted, complied with ~nd abided ~iy, then in eitlwr or u~y sud+ went tir s+id ap~ } pregat~ svm mentio~ed in s~id p~omiuo?y rate thcn remaining unpa~d, with interest xaued, and all moneys sacu~ed her~by, tMll betomt dw and pay~ ~ able foethwith, a ~hereafter, at tM option of ssid MQRTGAGEE, ai fully and compleie~y ~s if ~il of the said wms of mon~y wtr~ wgina~ly ~~ipulated ~ to be paid on such day, anything in sa~d prom~ssory note w in thy Mwtgage to Ihe contr~ry notwitl~standinp; snd therwpon w thereafta~ al tM'optio~ of ~ uid MORTGAGEE, without not~ce a demand, wit at law or in puity, therofae a ~hereafter begun, may b~ prosscuted as if all naneys s~cw~d hx~by _ ~ had m~tvred prwt fo its institution. ~ 7. That in the event that at the beginning of w any tims pending ~ny su~t upon this Mortgage, w ro fweclo~e ir, or W reform it, p to enfwa ` payment of ~ny daims he.eundcr, ssid MORTGAGEE shall apply to the Couh haviny jurisdiction thereof for ths ~ppointmMt of a Receive~, such Cowt ~hsll forthwith ~ppoint a receiver of taid morlgaged property atl snd sinyular, intlud~ny al1 and ~ingular the incoma, profits, luws and ~evenues from whatwN wwce derived, each and every of whKF, it beirg expressly ~~derstood, is F+ereby mwtgaged u i~ speciiiully s~t forth and dewib~d in fhe pr~ntinp and hebendum clavses I~ereof, and such Receiver shall have ail tF~e Ixwd •nd effective funct~ons and powen in aoywise entnnttd by a GouA to ~ Reoeiver, and •ucA appointment shall be made by sucl~ Court as a~ sdmined eqvity and a rtwlter of absolute right to s+id MORTGACaEE, ~od without referent~ ro th~ sdequscy w insdequscy of the value o1 the property mor~ga~ed o+ fo the sotvency or insolvency of siid MORTGAGOR w fM defendants, and that wch ~ re~fs, proFits, ie~cane, iuues and revem~ss shall bs applied by such Receive~ KCOfdin9 t0 tFN IIM Of eqvity of said MORiGAGfE and the practica of wch COU(f. 8. To duty, promptly and fvlly perfwm, discharge, execute, effect, complete, comply with and sbide by each and every tM stip~lations, apreemenN, ~ conditans a~d covenants in said promissay no+e and this mortgage set fath_ 9. That i~ ths event the ownersh7p of the mortgaged premises, or any part thereof, becomes vested i~ s person other than tM MORTGAGOR, th~ MORTGAGEE, its wcceuors and sssigns, may, withovf notice to the MORTGAOR, deal with such suctessor w successor in interest with reference to tha mwtgsge ~nd the debt hereDy secured in the ssm~ menner as with Mortgsga without hi anq way vitiatug or dixhargi~g tFK Mwtqsgors' lisbility herr ~ under w upon the dcbr F~ereby secured. No sab of ~hc premises hereby mortgaged and no forbeeru~ce o~ tM part of tM MORTGAGEE a in suaeison or a:signs and no extension of the time fa the paynKnt of the debt hereby secured give~ by tlx MORTGAGEE or iri wccessors or assiyns, sh~ll oparab to release, diuharye, modify chsnge or affett the wig~nat liability of the MORTGAGOR he~ein, ~ifh~? in wlwis ot in p~rt. 10. It is specifically agreed that time is of the esxncs of tfiis contract and tM1 no waiver of u~y oblgatan Mteunder or of tM obliyaYan se- cu~ed hereby shalf at any time there~fte? be held to be a waiver of the terms hereof or of the instnrment secured hnby. 11. In add~tioo fo the forego:ng monthly payments of princ'pal and interest requ"red by the pran'~sswy note searred Aereby, mortgagor tovenanti and agrees to pay to mor~gagee w~th each momhly psyment an add~rional sum estimated by mortgagee to be equal to 1/12 of the annwl cost of the follow- A-All real property taxes (evied w assessed against the above deuribed real estate. ~ B-Prem~um: on f~re and windstw.m i~surance as herein ~equ~red to be cur~ed on the improvemenri situate on the above desvibed premises. ~ C-Premiums on such morfgage g~aranty insurance as mortgagee sha~l from time to Yime deem fit to urry on the loao sccured hereby. f Mortgagee shall from time to time nofify mwtgayor in writ~ng of the amount due and p~ysbk here:+nder and such sum ;hall therwpon be dut and ~ Fa•~able on the due dare of the next monthly payment and each successive month thereafter until mortgsgee shall notify moitgsgor of a chsrge in such s amount. Such sums shali be applird by m~rtgagee toward the paymcrit of real propeny t~xes, insunnce prem:ums, and martgsys guaraMy i?aur~nte premiums. IN WITNE55 WHEREOF, the sa~d MORTGAGOR has herrunto set his hand and seal the day snd yeu first ~f esaid. Siyned. Sealed and detivered in the presence of: - ~ FIl.EO ~?M~ RECORQEO ~ S1.tUC~E COUNTY FIA. ' q p~C~F•'O~TR~S C.lifford-F. R dish p ' CLE~+( ~ ~ : ~UIT CDURT ~ QP~d~. ~ Rf"CR~ YEA ~~ED~~•-~~ ~Qin Shervl P _ R~ddish . STATE OF FIORIDA ~ ~Y • • J cauHn o~- St . Lucie ~ ~ ~ 32f~2 ~ - - eefwe me penor~ally sppeared C~ffOZd F. Fedd~sh ~nd ' Sher 1 P Reddish ~ Y • ha wife, to me well known and known to me to i» ehe individwls described in and who executed the foreyoing i~strument, and ~dcrwwledged b~fore me that they ezewted the sams for tM pinpo~es ~ rherein expreued. And the said Sheryl p, R~C~~S~I ; w~te of tM said - Cl iffnrd R~ Rpdrii Ah upon a sepuate and priv~» ~ examinaYan by me taken separate and epart from her ssid husband, acknowledged ro•nd befwe me that the e:ecuted said instrument freely a+d wMm- ~ tarily and without any compulsion, constraint, apprehension, w feu of or irom t~er said husband. ~ ~ WITNESS my hand and official seal this ~ 7 day of -7anuaYV , 0. D. 19~fi. a y Notsry Public in and tM Staf~ of Florid~ af LarQ~ ~ ~ My Commissan expira: / d. 3 p•'7 Return Ta ~ First Federal Ssvingt b Loan Association Of Fort Prerce. 1~ , ~i~~ ~ _ „~.'u,,,r ~ Fort Pierce, Florida . ' . ~ h;4~ , ~ ~~-~End=`~~r,~ " ~ r i ~ r ~ This Instrument Prepared ByJ. H. Roberts Jr. - ~~l ~ R. ~ , First Federal afVFo9rt P e cqn lo idan 33452 d~~`,,=~7 . GR ~ , .f F~fs PACE 4 ~ ' s : ~ .~~~~.~`A:;; Checked By~ ~ • , - '~~~~~~~~,.ti . ' _ i , . _ ( ~~r - - - - - - - _ _ . _ _ ~ ~ ~ ~ ry.' a ~.r` ,-rll~„x'~r+-°- ~ ~ _ ?~`~$r'~'.rS~'•s""~`~"°;'~s!._. . _ st . ~