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Home My WebLink About0563 To pt~c~ ~~d co~tinuou~ly kt~p on IM buildr+pf now a Mre~Np ~~w~~~ on ~~id I~nd ~nd on aU puipmsnl ~~d pNwn~lly cov~r~d by 1hi~ morlp~ p~, wuh dl pr~mium~ ~Mr~on p~~d ~n full, hr• Insu/~nc~ in ~M uwd u•ndad poticy fwm. In a wm app.ov.d by tM MORIGAGEE. ~nd wu+d~~am insw~nc~ in tM vswl ~tand~rd pol.ty fwm, In • wm ~pp.o~ed by tM MORiGAGEE, In svch company or tanpanih q tl+~ MORiGAGEE n+~y dwKiJ ~~d atl (ir~ ~nd w~nd~~orm insur~nc~ pol~c~~~ o~ ~ny of sa~d build.~qti .~y ~~r•.•.~ ~~,...M w oa?~ ~M..of, M?M pp~p~t~ wrn ~la~aid o~ la ~acns ~M~wf. iMtl con~a~a iM u~wl ~I~~dad morty~pN d~uw a~uch o~Mr dauw ~M Ma~payH m~y rpvu~. mdlnp ~M ~os~ undN u~d po1F c~h. ~~ch ~nd ~very. payab~~ ro uid MORTGAGEE it~ inreresi m~y ~Pp~u. ~nd e~ch ~nd ~vay ~vch pol~cy ~h~ll b~ promptly au pMd and d~livtred to ~~y Mld by u~d MORiGAGEE as (urlh~r setu~ity lo u~d mor~pay~ deb~. ~nd, na 1~~~ ~hae ~.n 1~0) da~s i~ ~d~ux~ ol ~M ~xp'u~~an of ~acl+ po~+cy, to da livN ~o wid MORTGAGEE • r~wal ~Mreof, ~ope~i+M wi~h • rac~~p~ fw tM p~m~wn of such r~n~w~l; ~nd ~Mr~ ~hall b~ no fir~ a wind~to.m {nivranc~ pf~ced on ~ny of sa~d buildinp~, ~ny inqre~~ tMr~en a part ~her~oi. unlea in ~M fwm ~nd with ~h~ loa pay~bl~ u~fwes~id~ a~d in tM ~v~n~ ~n~ tuen ol morNy be<om.s payb1• und.. ~uch policy w poiKi~~ w~d MORTGAGEE ~h~tl Mvt t!x opl~on ~o r~ce.v~ and ~pply IM sarn~ on ~tto~nl o/ tM Ind~Dt~d- neu secured Aereby w 1o pamil sa~d MORTGAGORS lo rec~~vs •nd u~ it p•ny put ~hereof for o~he~ pu~pofes, wi~hou~ ~hs.eb/ w~ivin~ a~mp~ir- inp ~ny pu~ty, li~n o~ ~igh~ unde~ a by virtw of this moreyag~; ~nd in dK •wnt ~a~d MORTGAGORS sMll fw ~ny nawn i~il to kNp tFw ~aid pnmiu~ w iniured. a f~il b del~ve~ prompNy ~~y ol uid polKie~ of inswanc~ Io N~d MORiGAGEE. w f~il p~omptly lo p~y fully ~ny premium ~Mr~fa a i~ ~nY r~sp~c~ I~il b pNtwrq, d~ich~rg~, ~xecvt~, ~IIKt, compltq, comply w~~h ~nd ~b~d~ by thi~ cov~nant, a any pa~t Mreof~ s~id MORTGAGEE m+y pl~ce •nA pay fa ~uth (nw.snc~ w~ny parl ~M~eof without w~ivinp a~ffadir?p any op~ion, lien. pv~ty. o~ riyht under a by virtw of ~hif Ma~yaQ~. ~nd rht fvll ~moun~ of ~ach ~r+d .w.y wcA payr,,.n~ •haU b. ~~ned~•t•Iy dw •~+d P.ybt• •nd sMll bear im~r„t f~om ~h~ dat~ thsr~of umil pa~d ~t tM r~q ol mn~ p~r centum pM ~nrwm ~r?d tpgethr. w~th zuch interest ahali b~ setured by ?M IiM o) this mwtpp~. 1. To p~rmit, commit o~ iutl~r no w~ste. imp~irment a deteriw~tion of sa~d p~opKty a any part th~reof. io pay ~ii aeo ~opv~a rn~ cosn. cn~rpes ~no e:pen~e~, ~nciuo~rq a r~~~o~uo~ siraney • iN and cosn oi ~bnr~c*s of n~i~. ~y~rlO p p~~0 •ny time by sa~d MORTGAGEE, bst~us~ w in ths •wM of ths biiure on ~he pa~t of ~M saed MORTGAGOR ~o duly, p~omptly and fully ptrfam, d~KharyR e.ecut~. ei(ed, comple?~. comply w~?h and ~b,d~ by ~acA and ~very tF,a s~~pvlanons. ~greements. cond~tans. snd cowrunH of s~id promisswy not~ and ~h~~ mort9ap~ ~ny a~itha. ~nd sa~d coui, chupes snd ~xpemes, e~ch ~~d ~very. shall be immediately dw •nd p~y~ble; whe~Mr p no~ thH~ b~ no~ic~ d~ mand. ancmp~ ~o coll~ct ~oa wit p~~d~n9; and rh~ (ull amouM ot sach and wery such p~ym~m ~MII ~r int~rti~ Irom tM d~t~ tM~wi until p~id ~t the r.~~e o1 n~n~ ptr centum per ame„m; and all s~id costs. char0ea and expenus incurred or paid. rogethtr w~th ~uth inttreit. ~Aall b~ aKVr~d by tht li~n of thi~ matp~. 6. Tha~ in tM event of ~ny bresch of ~his Mortyay~ o~ default on the pa.t of ths MORTGAGOR, a(b) in the went ~ny of ~a~d wms of mon~y hrreio nferr~d lo b~ not prompdy •nd tully paid within thuty (3pl d~yf ntxt afte. the sam~ severally betom~ du~ ~nd p~yabb. witAoul d~m~nd a notice, or (c) in the e+ent e~ch and werr the titiputation~, prcem~nts, cond~tw~s ~nd cov~n~nts of sa:d p~omiuory not~ and tl?~i morfppt ~ny or ~itFrr ~r~ nd iulY. p~omp~ly and (ully periorrned. d.xharycd. exec~ted. ~ifected. completed. comp~ied with ~nd ~brded by. 1Mn in ~i1hN p any ~uch tvent tM wKJ pfegatt sum mtnrwned in said promisswy note lhen rema+ning unp~id, with ineerest accrued, and a11 moneyt fKwed M~eby, shall bteoen~ dw ~nd pay- eb~e forthwith, u thereaire~, at tM optian of said MORiGAGEE, a~ }utly ~nd comptetely i( •11 0( ~he said ~wns of mw»y wltt wipi~+lly tl~pul~ted to be pa~d on such day, snyfhinp in sa.d prom.sspy note w in th]i Mortgage ro ~he contwry notwithsundinp; ~nd ~h~r~upon w ther~aft~. a~ tM op~~on of se~d MORTGAGEE, w~rhovt no+~ce w demand, ~uit ~t i~w or in equity, ther~fa~ w the~eafter bt9un, may b~ prpecut~d q if ~11 maity~ Ncw~d Mreby had matured pr~or ro~~~ inst~tu?ion. 7. TMt in ~he evcnt tfiat •t rhe beginnirg of w ~t any r~me pcnd;ng any suit ~pon ~hii Maf9~ye, w fo fweclos~ it, or to refwm i?, o~ to ~n(wu ~ Payment of •ny cl~~ms I,aeunde~. said MpRiGAGEE shatl apply ~o ~he Courf hav~np ~u~isd~ttion Ii~ereof for 1M ~ppointrn~nt of a RK~ivt?, wch Covrt sMll Forrhwith ~ppoiM a rece~ver of said mortyaged property •II end sinyul~r, includ~ng afl and singular 1h~ income, profib, is~ws ~nd revenuef frpn whal~ver ~o~rce d~rired, e~ch ar,d ewry of whch, it be+np exprculy und~ritood, is hereby mwtgaged at if apec~fically sel forth and d~suibed in tM pnntirq ~nd habendum tlavses hereof, and such Rec~i+er tMll have •II ths broad and e(lecrive tuna.ons and powen in anywis~ ~nVUat~d by • Court to ~ R~ttiv~r, ~nd .~ch appoin?men~ aAail be made b~ such Covr~ an admitted equity ~nd a ma~ter o( absolu~~ riyht ?o said-MpRTGAGEE, ~nd wi~hout nf~reou ro rM adequ•cy o~ inadcquxy oi tM vatue oi ~he p.operty mort9~ged or to ~hs w~ency o? insoi~ency ol ~aid MORiGAGpR w ~M d~tend~nt~. ~nd ~hat tuch re~r~, profits, income, iss~es ~nd revenues sF~all b~ sppi~ed by suth Receiver ~ccad~np to tM Gen or equity ol said MORTGAGEE and Iht practit~ of futh ~our1. B. To duty, p.omptty and fully p~rtam, d~xMr9e, eaecute, ef(ea, comptete, comply w~th and abid~ by each ~nd ~very tF» stipulations, preement~, cond~tions ~nd covenants ~n sa~d promusory not~ and th;s mortyage set falh. ' 9. That in tM erent the ownership o( tM matgayed prem~sea, er any part thercof, b~com~s vested in • p~rson oth~r than ih~ MORTGAGOR, tM ! M.ORTGAGEE, ~ts successas and ass~yns, may, wi~hout nouce to the MORTGAOR, deal wah such succeuw a succeisor i~ imerest with refereece ~o this morrgsye ~nd the deW Ae~eby secwed in the iame m~nner as with Mortg~gor witiaut in any way vili~liep p diKharpinD th~ Mortqayprf' liability Ikr~- under w upon the dtbt hereby secured. No sale of th~ p.emi~es hereby mortyaged ~nd no (orbeannce on Iht part of IM MORiGAGEE w it~ t~cteato~~ or aaagns and no eatens~on of ~he nme fw rF,e paymen~ of the deb~ he.e6y secured given by ~ha MORTGAGEE a i~• ~uu~uors a auipn~, ~hall oper~t~ ro reteas~, d~xFwrpe, rtqJily ~Mnye or •fiect the orig~nsl Ii~b~Lty oi ?he MORTGAGOR herein, either in who~t or in put. ~ ' ]0. h is speufic~lly agreed ~har r~me is of the eaicnce of fhia contract and that no waiw~ of u+y oblipnion hertunde~ w of tM oblip~tion s~- I cur~d FKreby shdl u~ny time tFicrt~her be held to be a wairer of the termi hereof w of the instrument secured herby. ~ 11. In add:tion to the fwego'ng rr~thly paymmrs of priru pa! and inrercft ?cqu~red by the prom~fsory nore secured hereby, mut9~gor cownaots ,~~d ag.ees ro pay to mo:tgagee w~th each monthly paymem sr~ addirion~l sum es~imated by mortyaqee to be eqwl fo 1/12 0l the ~nnual cwt of the fdbw- ,.9 - A-All reat property taxrs kiied or assessed aga~~sf the above descri.F,ed ceal esute. ~ B-Prcmiumy on f:re and wir,dsram miurance as herein regv:red to be u~ritd o~ ~Fro ~mprovemc:ih s~tvate on the ~bove dex.ibed premius. i C-Premi~m~ on svch mortgage gwranty insurance u mwtgagee shall from. time ~o time decm fit fo csrry on ths ban secured Frr~by. i Nbrtgagc~ shatl (rom r~m~ to nme nori(y mortgayor ~n wrinng oI the arrwunt due ~nd psyabie hsreuoder and such svm sMll the~evpon be due ~nd ~ ~.+ra1+1e u~~ ~hc Jve ~ie+e ot ~he ~~eal riwn~n;y perrnerd and eaci+ successive monm rnereafte? ur.tii mortyagee snafl not~fy mortg~gor of • tl+anpe in such i e•~,o~nt. $uch wms sRs;l be appi~ed by mortgsgre toward tFx payment of :eai property taxes, insurance prem.ums, and morty~9e gwranty insur~nc~ ~ premium3. . 4 IN WITNESS WHEREOF, the sa~d JNORTGAGOit Ms hereunto set h+s har.d and seal the day and year -fkst a(or s~id. ~ f Siyned. Seal~ and delivered in the eience of: _ ~`'f. I I ~L t' iL -B4~L ap ! - '-~f. ' (se~n f _ t ~ ~ S i ATE Of FLORIDA S t . Lucie ~ ~ ~ couNrr oF ~ Befwe me personally.~..~a Robert .J. Sprina, - - : ~ ~ - yyyy and ~ ~ ~ ~QQ~X~`~~}~X~~}~a}~~{x11m'tiirl, to me well known and known to me to bt rhe individuals deuribed in and who eaec~ted the iwa9oinp instrument, and acknowkdged b~for~ ms tMt ~ ~xecuted tM wme fo~ tM purposes th.rein expre~~ed_ « ~~.~~QQ~}Q~}~~~ e ra WITNESS my hand ~nd of(icial ual th~s ~1~~ day oi . C' A. 0. 19?Z G':!_ Ll-j•.ti G,:tc~ Not~ry Public in ~nd iw the Stat~ of Fbrid~ larp~ My Comm~ssion ~:pires: " eeiurn to: <~.c-t~~ vf 3 C; / q fZ' fint Federal Savirgi a losn Assaciet~on ~ Of For~ P~prcc t.... 0:~..~ c~,..:a. _ Jt.. . i < ~ . . ` This Instrument Prepared By G~ry F. E11wGOd ~ S ' ~ " First Fe~er~l Savengs ~ loan Association _ _ - ' c ' ~ of Fort Pierce , Flc~r1 da - ~ ` - f lE0 ANO REC~~pp~9 s`' ~ ~ r =~.IUCI~ COUMTY fl~ • ~ t Checked By - AQ4ER ~G!tP,AS s. . • ~ CLEAR CIRCUIT CCURT ' ~ ' ` ,r~ ~.VS P~6E ~tJO ~fCORb VERIFIEO ~ ~ ~ ~ ; ~ + ~ ~ . ~ ~ ~i~'i'Q~9~ i .