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Home My WebLink About0510 3. To pl~c~ and <ontin~w,sty keep on ~M buitd~npi now w hsreaha situN~ on ~aid i~nd ~nd on ~11 equipm~nl ~nd p~twn~ily towr~d by 1hI~ mwq~ p~, w~th ~11 pr~m~w.a thereon pa~d i~ (ull, f~~e i~su~~nc~ in tF+~ u~va! si•nda~d po1Ky fam, in •~um ~ppro~~d by tM MORiGAGEE, ~nd windqam inw~anc~ in th~ uiu~l ifandud pol~cy twm, i~ ~ fum approved by ~l+~ MORTGAGEE, in ~vch comw~y w compa~iq q tM MORTGAGEE may dir~ctJ and ~tl fir~ and w~nJ»orm inswanu poliues on ~ny of ~~id build.~, a~y i~~•~••~ ~M~•~n a P.~~ ~M~.or, io tM .py.e9a~ wm da~said a in ~zc~ss tMrso(, ihsU conuin ~M vsual ~iandud mar9syN claus~ a such aMr clauw a~ ~M MortppN may rp~~n. maYinp ~h~ to~~ v~ ud pol4 ci~s. ~~ch ~nd ~wry. arab~. ro sud MORTGAGEE a~ ~t~ inter~st m~y app~a~, ~nd ~~ch and ~ve.y ~uch policy ~MII b~ promptly asi.p~xd and d~liv~r~d ~o •ny held by w~d MORIGAGEE ai furthe~ ~ecv~ity 1o said matpa9~ dabt, ~nd, not I~s~ ~han an (10) days in ~dvanc~ oi tM ~xpiration of ~KA pOlity, to dr _ livw ro~~id MORiGAGEE a renewal ~herwf, ~oqe~her with s r~ce~pt for tM pr~mwm of wch r~n~walt and tMr~ ~MII be no ia~ a winds~am inwranc~ ~:J pl~ud an any oi said bulld'u+p~. •ny 1n~ere~1 tAtr~~n or part tMreof, vnleu in tM 1wm and with tM lou p~yabt~ a~ ata~iaid: and in tM ~vMt any wm of mon~~ becwnta payablt unciM such policy a po1K'ws said MORTGAGEE shall Mve tM option to recaiv~ and ~pply tM s~m~ on ~uounl o( tM ind~bted- . ~»u s~cured M.~by or ro permit ~aid MORTGAGORS ~o rec~iv and us~ it or any part ~hereoi fo. other purpose~, w~ihout thereb~ waiviny w~mpaN- inq a~y pu~ty, lien w riflht u~dei or by vi~tue of ~hls mortyapr, ~nd in tM ~vent ta~d MORTGAGORS thall for ~ny rtawn f~il lo keep tM uid prtmisea ~o insured, w f~il W dttiver promplly aoy of flid POIKiH of inwrant~ to uid MORTGAGEE, w fail promptly to pay fulty aoy pr~mium tF?~refor p ia any ~ r~ipect f~il ro pNlorm, d~scharge, execu~e, eff~d, comptete, comply with and ~bid~ by this cov~nsnf, w any par~ herwf, taid N1pRTGAGEE may plscy ~~d ~ ~ 1 j p+Y }w ~uch insuranc~ or any pa?t tMreo( wi~houf waiving w sffedinp ~rryr option, IiN+, pviy, a ripht unda a by virtw of this Mortyap~, and the full amouM of axh ~nd every wch paymenf shall bs immediately dw and pay~bk and ~MII beu int~reil from tM dat~ thtreof until paid at tM rab ol nir» pet t~nturn ps~ ennum and togcther with auch interest shall be sccured by fM litn of this mwt9ape. To permit, comml~ a wffer no waste, impairment w de~erioration of sa~d prope~ry or +~y part thtr~of. S. To pay ~II ~nd sirpulu the costs, cM~9es u+d expenses, includinp • reawnabls ~nar~y s fH a~d coit~ of abstr~ctt oi titl~, incurred o~ p~k! ~t sny time by said MORTGAGEE, bac+use w i~ ti» ~veM of ~M fa~lure on tM part of'tM ~~id NWRiGAGOR to duly, promptly fvlly p~rfwny disch+~~ sxecute, e(fect, complet~, comp~y w~th and ~b:de by ~ach a.~d every ths stipulet~ons, preemenq, condi~io~u, and oov.nann of iaid promiuory no~. ~nd ~~i• mw~g~ps ~ny w e~rhsr. ~nd said to~ts, chu9es ~nd expenses. each u+d every, shall b~ immediately dw ~nd p~y~bi~: wi~ttxs a no~ th~r~ be notic~ d? m~nd. attempt to collect a tv11 pcnd~n9: u~d the fvll amouM of each u+d every such paymeM shafl bsar in?erest irom 1M dat~ tFKrwl until paid ~t fhe rate of nine per centum per an~~um; and all said tosts, charges and eapenses intur~ed a paid, toyethK with sutM int~t~st, ~hall b~ Ntured by tM li~n of ihiu mortyap~. 6. Tha1 in tM eveM of any bresth of this Nbrtga9e a defaull on ths_ part of the MORTGAGOR, or (b) in tM tvent any ot s~id ~ums of moMy herein refarred to bs not promptly a~d fully paid with~n th~rty 1301 dsys ~x~ afrer the sam~ sever~lly becarK due and p+y~W~, withovt dem~nd p notitt. o~ in the eveM exh uid every the stipulatiaw, agr~emtnts, conditions snd covenant~ of aaid ptomiswry ewt~ and th~~ mortpa~ ~ny p tithtr ~r~ ~WI ~uly, p?omptly and (utly pe~(ormed, d,scha~yed. executed, eflettcd, comptated. comPlied witF~ ar.d abided by. th~n in e~thK w~ny sucl~ w~nt th~ said ao- prey+t~ sum menrioned in ssid prom~sswy note then remaining unpa~d, with infe~est ucrued, and all moneys setured hsreby, sMll becom~ dw ~nd p~y~ able forthwirh,_or thereaiter_ at tfie op„on of said MORTGAGEE, si fully and completely as i~ ~II of the wid sums of monsy wen wipin~lly st~pulated to be pald on such day, anything in sa;d promissay ~ote or in Ihis Mortyage to tM cont.ary notwi~hsr+nding; and there~pon a Ihere~fter at tM option of sa;d MORTGAGEE, without ~or~ce a demand, svit at law w in equity, therefwe a thereafeer bepun, may ba protecvte~ as if ~II rna~eyt sacured F~ueby had matuted pnor to ~ts institution. - 7. That in ~he event ~Mt ar ~he beg:n~~ng of w st any t~me pending any suit upon thli Mo.tgsfle, or to forecloH it, w to refwm it, or to enfaq payncent of any claims hercunder, said MORTGAGEE shall appPy 1o the Court hsving jurisd~ction thereof for the ~ppointment of a Receiver, such Cowt shall Forthwith eppoint s rece+ver of said mortgaged property all and si~gul~r, includ~ng atl and aing~tar the income, prof~~s, iuws ~nd r~ve~ues irom whatever source derivcd, each •nd tvery of wfiKh, it be~ng expressly unders?ood, ia hereby mor~gaged as if apec~ficatly se~ fa~h ~nd ds~cribed i~ the qr~mir?y aed habendum clauses hereof, and such Receiver shall haw ~tl tfie broad and efftcrive fundwns and powen io anywise entrutted by ~ Cwrt to a ReteivK, and such appoinrrrKnt shatl be made by sucA Court as an ~dmined equity and a ma~ter of absolute right to iaid N10RTGAGEE, ~nd without refercnce to tM sdequacy or inadequacy of ~?+e vafve of the property mo.tgaged w to the w~vency a~nso?vency of said MORTGAGOR w the defendants, ~nd rhst such rems, profib, irxome, itsuas and revenues thaU b~ ~pptied by such Receiver acoordinp to 1M lisn w puity oi sa~o N10RTCsAGEE and the practiu o( suth Court. . 8. To duly, promptly and fufly p~rform, dixharge, execute, effect, complete, comply with ~nd abidt by e+ch and ~very tM stiputations, ~preem~nri, conditions and covenams in said promissory note and fhis mwtgage set forth. 9. That in the event the ow~crship of the mortgaged premise~, w any part thereof, becomes vested in a perwn oths~ than tM MORTGAGOR, th~ MORTGAGEE, iri successors •nd assigns, may, wiihw~ no~ice to the MORTGAOR, deat w;th sucA successo+ o~ successor in interest with ~efereece to this mor~ge9e and the debt hereby setured in the same manner as with Mor:gagw withovt in any way vitislinp w d~scM~pinq tM Mwsy~yors' lisbility h~t~- under w upon the debt hereby secured. No sa~e of the premises hereby mortgaged and ra forbearance on tM patt of the MpRTGAGEE a iri iucceswn or suigns and no extens~on of the time fw the payment of the deb~ hereby secured 9iven by tAe MORTGAGEE o? ih succysson p assi9rq, ~MII operat~ to releax, d~xha~pe, modify change w affect the orig~nal liab~l~ty of fF~e MORTGAGOR herein, either in whok a in pa?t. i0. h is speciiically agreed that time is of the esunce of this contract and that no waiver of any obliyaYroe~ h~reunder or of tM obligsfion fe- cured htreby shall et •ny time thereafter be held to be a waiver of the terms hereot or of the instrument secured Mrby. 11. In addaio~ to the forego rx~ monthly paymems of princ pal and interest requhed by the promissory note secured hereby, mortgagor covenants and agrees ta pay to mo:tgagee with eazfi monthly payrnent an sddnfonal sum esrimated by mortgagee to be eqval to 1/12 of the annwl cost of the fpllow- ing: A-All red property t~xes levied or •ssessed against the above desuibed real es!ate. , B-Premi~ma on fire and windstorm insurance as herein requ~red to be urried oe the ~mprovements situatt on the above desuibed premises. C-Premiums on such mwtgage guaranty insurar.ce as mortgagee shall from rme ta time deem fif ro carry on the ban setured hereby. Mortgagee shall irom t~me to time notify mortgagor in writing of the emount due and pay+ble hereunder s~d auch sum shall therevpw~ be d~re ~nd payable on the d~e date of the ne,et monthly payment and eath successive month thereafter until mortgagee shali notify mortgagor of a charge in wch amounf. 5~h sums sFa!1 bo applied by mortgagee toward the payment of reaf prope~ty taxes, insurance prem:ums, end mortg~e guaranty inwtante premiums. 'i IN WIT~~E55 WHEREOF, the aaid MORTGAGOR has hereunto set his hand and sea) the day and year firat afpesaid ~ I Signed. Sealed and deiive~ed in the presence of: ~ ~ ~ ~ E~ ~riD~TT~ 1 ~,C!Gef .Z ~ ! ~~~n f l :~•R~E~ p~~S Robert L. Ssit ~ I CLEFcII C:~CU~t COUiIt ~ n ~ , ' ~ }lEC4R~ YE~~f~f~~--- ilda P. Saith a..q ~ ~ STATE OF FLORIOA ~ i ~ Ov 33653U ~ cour,n oF St. Lucie ~ ~ Befo~e me perwnalty appeared Robert L.. Snith ~ Matilda P Saith hii wife, to me well known snd known to me to b~ F the Individuafs desvibed in and who e:ecuted the fwegoin~ instrvment, and acknowledged befue me that fhey exetuted ths iame fw fM purposes ~ rherein exprcssed. And the said ~dtiida P. $~1th wif~ of the sa~d Robert L. $31tT1 upon • separat~ ar+d privat~ ~ examinafion by me taken xparate and apart from her said husband, etknowledged to ~nd befwe me that she executed said instrument fretly and volura rarily and without any compvls~on, consrraint, epprehension, or fear of a from her said husband. ~ ~ WITNESS my hand and offiNal seal this ~-a''~/t cl day of June A, p, ~q 76 _ ~ 3 ~ Notary Public in a fo{Jhe Sufe of Fiaida d larp~ My Commission e ~ rei: ~ Retum To: ~}~ry ?uE~c, 3loh of Ho?ido eT lerg~ 3 Fint Federal Savings a loan Associatwn ?~y Cpnmission fxpint Ju3Y 2?, 1977 Of iort P~e~ce {~nded L/ Am~r:con Firn b::owsNr Co. ~ fo~t P~erce. Flc~id3 ~ ; This Instrument Prepared By Donald B. Hughes ¢ First Federal Savings E~ loan Association _ ~ ~ . of Fort Pierce~ RloZida. ~ , , ~ ~~~1 _ _ • 1 ~ Checked ey ~ t' .t 2~~ FACE vi~l~ ~ _ ; _ : ~ : - _ ' } i~'..... • i = j ~ _ . • 3 ~ ~ ~ ~ ~y , : - - - - - - - - - - - ~ ~ - u . . _ _ . . ~ - _ F.~._~