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Home My WebLink About0030 To place and conlin~ou~ly keep a+ ~he bui!dingt now w hcreafter situals on sa~d land and on att equipmcnt end pe~wnal~y covtred by lhii mo~1q~ ~g~, with ~II {xemiums thercon pa~d in full, f~re insvrance ~n rhe usual siandard po!icy form, in a sum approred by tl,e MORiGAGEE, a~d windstam ~nsur~nce in ihe ~su~l iiandard pol~cy form, in a sum approYed by ihe MORTGAGEE, in such company or comp+n~e~ as ths MORTGAGEE may d"uett; a~d all (ire and w~nds~orm insurante po~~ues on •ny of said buildmgs, any inte~e~l lherei~ or parl Ihereo(, i~ tF~e eggregate tum a}or~said w , in excest thereof, shall co~+taio ~he usuat afandard mortgagee clause a such o~her clause as 1he Mo~tgagcs may rcqu~re, maAiry the los~ under ia~d po~i~ , c~es, each and every, payable to said MORTGAGEE as ~ts interest may ~ppear, and eacA and every auch po~icy thall be prwnptlY ass.gncd a~d delive~ad ~o any held by said MORiGAGEE as further security to said mo~~gage deb1, and, ~ot less tF+an len (10) days in advance of the expi~ation ot e+ch polKy, to dr liver to said MORTGAGEE a renewal Ihereof, together with a receipt tor Ihe premium oi such renewal; and there shall be no fire o~ windstorm insurante placcd on ~ny o1 said buildings, eny interest fhere~n o~ part thereof, unle~s 7n the (orm and with IM ~oss payable as atorsssid; and in tM eveM e~y sum of money bccomes payabte under such poticy a po~~cies sa~d MORTGAGEE shail have the opt;on to rcce~ve and apply the same on account of the indebted- . neu secured hlreDy w ro pe~mil faid MORTGAGORS to receive and uu il or any parf thereof for o:hcr purFwees, v.~thout th~raoj waivi~ig or unpav ir?g any equity, Iien a~ght under or by vi+tue of this mo:tgage; and in Ihe event sa~d MORTGAGORS shall fa any reaso~ fail to keep Ihe said premiui w _ insu~ed, o? fail to deliver pranptly any of said poli~ies ol insurants to sa~d MORiGAGEE, d iail promptly to pay fully any pre~ni~m therefw w in a~y , resped fsil to pe~(wm, discharge, execute, efied, complete, comply with and abide by fhis covenanl, or any parl hereof, said MGRTGAGEE may p~~ce and pay fp tuch irqurarxe or any part Ihareof w~thout waiving a affetting any oplion, lien, equity, w riyht under o~ by virtue of thi• Mo~tga9e, and the ~ full amount of each and every •uch payment shall be immcdialely due and payable and shall bESr interesl from the date thereof until paid at the rate of nins per centum per annum and togethrr with such inte~es? sha~f be securrd by the lien of this mortgsga To permit, commit or sufFer no was~e, impairment a deterio?~tion of said property w any parl thereof. S. To pay all a~+d singular the costs, charges and expenxs, including a reasonable atto~ney's (ee and co~ts of abstrads ot title, i~curred or paid at any time by said MORTGAGfE, because w in the event oi the failure on tl~e pa~t of fhe said MORTGAGOR to duly, promp~ly snd fully perfwm, d~scharge. execute, effec~, comptete, comply w~th and ab:de by each and every the stipulaiions, agieements, cond+tions, and covenants of said p~om~ssory note and this mortg~ge any o~ eithe~, and wid costs, chargcs and expenses, each and every, shall be immediately dve and payable; whethe~ w no! there be notice de mand, attempt to sollM w suit pend~ng; and ~he tull amovm of each jnd e~ery svch paymen~ shall bcat imerei~ from the date thereof until paid at the rate o{ ~ine per centum per amcum; arw all sa~d custs, cnarges and expeuses incurrrd or paid, together w~th such inte~es~, shall be secured by 1he lien of th~~ mort9aga 6. That (a) in the event of any breach of this Mwtgage w default on tt~ pa?t ot the MORTGAGOR, o~ (b) in ~he event any of aaid sums of money herein referred lo be not promptly and fully paid w~~h~n th~rty l30) days nexi afte. the same seve~a:ly become due and payable, without demand or notice, or (c) in ths event each and every the stiputat~o~s, agreements, cond~t~ons and covensnts of sa:d promissory note and th~s mortgnge any a either are not ~uly, promptly a~d fully performed, d~scha~ged, e~ecuted, effecfed, compteted, complied with and abided by, Ihen in either w any such evem Ihe sald ag gregate sum mentioned in sa~d prom~saory nore then rema~ning unpaid, with interest accr~ed, and atl moneys secured hereby, shatl become d~e and pay- able fwthwith, or thereaEter, at the opuon of said MORiGAGEE, as tully and completely as ii all of the said sums of money were ori9inally st~putated to be paid o~ such day, anythi~g in sa.d prom~ssory note or in this Mwtgage to the con~rary notwithstand~ng; and thereupon or thereafter at the option o( sa;d MORTGAGEE, without notice or demand, suit at law w in equity, therefore o~ thereafter brgun, may be prosecuted as if all moneys setured hereby had matured pnW to iri institutiw~. 7. 7Aat in the event ~hat at the beginnTng of or af any time pendi~g any suit upon th~s Mo?tgage, or to fo?edose it, or to refwm it, or to enfo~ce paymer+t of any claims hereundrr, said ~AOR~GAGEE shalt apply to the Court hsving ~ur~sd~ction the~eof for the appointment of a Receiver, such Court shall forthwith appoiM a receiver oi said mortgaged property all a~d si~gvlar, inc~udmg all and singular the irtcome, proi~ts, issues and revenues from whateve? wurce derived, exh and every of wh~ch, it be~ng expresaly undrrs~ood, hereby mortgaged as if apecifically se~ iwth and dewibed in the granting and habendvm clauses hereof, and such Receiver shail have aIl the broad and effecrive funu~ons and powers in anywlse entrusted by ~ Court to a Receive~, and s~ch appoin~ment shall be rade by such Court u an adm;tted equity ~nd a maite~ of absolute r~ght to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of tlx property matgaged a to the soive~+cy or insotvency of sa~d MORTGAGOR a the defendants, and that such re~ts, profits, income, iuues and revenues thall be appiied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such CovA. 8. To duly, promptty and fully perform, discharge, execute, effect, complete, comply w~th and abide by each end every fhe stipulations, agreements, conditions and covenants in said promissory nore and tfiis morrgage set forth. 9. That in the eveM rhe ownership of the mongaged premises, or any part thereof, becomes vested in a person other fhan the MORTGAGOR, the h10RTGAGEE, its successws and easigns, may, without not~ce t~ the MORTGAOR, deal with such successo? or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as w~th Nbrtgagor without in a~y way vitiating w discharging the Mwtgagors' liability here- ~nder o? ~pon the debt hereby secured. No sale of the Frem~ses hereby mortgaged and no forbearance on the part of the MORTGAGEE u its successws or assg~n and no exrension of the tlme for the payment of the debt I~ereby secured given by the MORTGAGEE or its successws o? assigns, shall operate to release, d~scharge, moJify change or afFect tF~e orig;nal liabil~ty of the MORTGAGOR herein, either' in whole or in psrt. 10. It is spedfically agreed that time is of the essence of th7s consract and that no waiver of any obligation hueurxkr a of the obligat'an sr cured hereby shali at any time thereaf~er be he'.d to be a wa~ver o4 the terms hereof a of the instrumem secured herby. 11. In add~tio~ to the forego:n~ month!y paym<nts of prir,c'pa1 and interest requhed by the promiswry nore secured hereby, mortga~or covenants ar.d agrees to pay to mo-tgagee w~th each monthly payrnent an add~~i~nal sum cst:rt,ated by mortgagee to be eq~at to Ij 12 of the annual cost of the follow- ing: . A-Ali real property taxas ievied or assessed aga~nst thc above desvibed reat estate. S-Premiums on fire and wirtdstorm iowrarce as herein requ:red to be carried on the improveme~ts situate on the above desaibed premises. C-Premiums on wch mortgage g~a.anty irtsu:ar.ce as mortgagee shail from.time to t~me deem fit to carry on the loan secured hereby. Mortgagee shail from t~me to time nef~fy mortgagor in writ~ng of the amount due and payable hereunde? and such surn shaH thereupon be due and Fayable on the due dare of the next month!y ~ayment and each successive month thereaher ur.til mortgagee shall notify mortgagor of a change in such a~^ount. $uch sums s6a~! be appEied by mcrrgagee to~nrard the pa~me41 of:rea! property taxes, i~surance prem:ums, and mortgage guaranty insurance premiums_ • ~ IN WITNE55 VVHEREOf, the said MORTGAGOR has hereunto set ti-is ~~nd and seal the day and year first afwesai . f Signed, Sealed and deiivered in the presence of: ~ / • ' R. e ~ COIFR'1 ` (s~a~ ~ - ~ fi~ alMP Y~~~~ ~ ~"n ~ ~''i. xzc ~'~c_,~ H. Lan el a a s~a~ ~ A~ 11 3 va-PM'11 e g. ~e STATE OF FLORIDA ~u~va1<7~~ cour,n oF St. Lucie _ ~ Befwe me pcrsonally appea/r~ed $~8I'd R. LSA&$1 _ c~...,. . and J@811 H. T.~g@Z 8/a~8 J11II6 Y.SIIg61 ~ his wHe, to me we11'im~wn snd know~~to ir~ to b~ the individwls desuibed in and who executed the foregoing in/s~t~rument, and acknowledged before me that they exQ2veed .lhe . same fw tFw pirrposes - rherein exp?essed. And the said JeBD H• L813~e1 8/ a~8 June H• T.BIIg@Z = ~ w~fe of the wid R• ~ge~ = Vpon -a separ~te and-ptiwt~ examinaYwn by me ta4en separate and apart from her wid husband, acknowledged to and before me that she exetuta! said ~p?lrurt?e.nt freely a~ volu~- ra~ily and w~thout any ca-npuls+on, constraint, apprehen 'on, or fear of or from her said husband_ ' ~ . ='q WITNESS my hand and official seal this_. f day of Ap~l ~:S ,/1i.Q.'lq - ' • ~ ~ ~1~~ ~ ~~-Y. ~ Notary Public in and for the 5 te of Floridi ~t larg~ n My Commission expires: - ~ Return To: ~ Firs! Federal Savings E~ loan Association t.C:~~FV ('?'~l!C. `-i•'F l.•".4t;_ Of Forr P:erce MY G;JA!~it>,1J'. iiiE~ - !'v71 ~ Fort Pierce, F~orida 84NDED TMRUUGH ~:JRO:i~.~ ~ tiUCKI~HiRRY~YIYlJ, ~ ~ This Instrument Prepared By RiChB~'d K. Hsyes ' First Fecieral Savings ~ loan Association of Fort Pierce ~ j~1o1'idg. RECEIYEp f ~ 'C INT v~~ Oi TA~ ~ PdRSUANt T9 CM ~'~LE PERSOpA~ Checked BY ~I.:~. ~CTt 6? d0 K~~ 1 P~ ~ c~tEaK ~~t t.Yr„~s 00 ~Wt cowr, sT tu;~ q~ ~ ~ C ~ - - ~ _ _ _ ~ , _ - - - - - _ :