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Home My WebLink About0148 3. To plac~ end cont~~uou+ly keep on the b~,~!d~ng~ now or hereaher ~~Iua1~ or ia~d ~arxl sr~d on at: .•~,.:p~~~cnt end perton~l~y to~ered by ihi~ mor?q~ ~ge, with all p~em~~mf thereon pa~d in fu~~, insur•ncs in ~ho w~al standerd po~~cy form, in a+um o~p~o+ed bf ~~~r MGk:G:.GEE, a~d w~~~ds~am 1nwr~nc~ in the ~w~) s~and~~d po~~cy fam, i~ ~ sum sppro~ed by ~he MURIGAGEE, in fuch comp~ny or con~pe~~.ef a~ the ASURIGAGtE may dirett; ~nd ~11 (irs and w~nJstorm i~suronce pol~unt on ~ny of sa~d Du~id~nps, any irot~e~~ ~htr~in or parl th~rcol, in Ihe agyr«gs~e wm ~faess:d a I~ •xcess thereof, ih~U contain ths usual ~tande~d mortgafle~ clause w wch otha d~utis as the Mongegee mey req~~rs. ~~•M~~9 ~?~e :css unJe~ s.•d poli- c~es, each ~nd every, payab!• to said MORTGAGEE af ns intere~~ may appear, ~nd e~ch and e~cry wch p~i~c~ sha,t ?,r pron.p~iy •?sgnrd a~d de.~vered +o any held by s~1d MORIQAGEE ~s fur~h~r security ~o s~~d mo~~gag~ deb~, and, oot less Ihan ten (101 dsys i~~ ad+a~~ce of ~he e.p~~auon of each po~~cy, to dr Lver to uid MORfGAGEE a~enewal thereof, togetMr wi~h • rece~pt ler ~he pre~nwm o1 such ~enrwal; and ~hore sha11 be no fue u~ w~~~dtiwrm ;nwrance pleced on ~~y of seid bu~ld~ngs, any interost there~n a p~r1 thereo(, un!e» in ~M form and w~th ~he loss payo4!e as al;,resa~d; +r~d i~ the r+e~t any tvm 01 mon~y bccomef payable ~nder such polity a pol~cies said MORiGAGEE shall have the op~~on to rete~vr .,nd opN'.y itw sarne on eccoun~ ol ~he indabtrd- nets ~ecured hereby or eo permi? said MORTGAGORS lo receive snd uss il w any p•rt t6r:co1 tor o'iu•r F~n-;.ees, ~h.•.::+ ~3 cr rnp::~~. ~ng any equity, lien w right under a by vi?tus of this morsy~pe: and in ~he event sa.d MORTGAGORS shjll fw any reason iail to keep the sa~d prem~ses w lnsurrd, a fai) to deGver promp~ly any ol faid po~~eies ol in~urance to sald MORiGAGEE, or fa~! p:o~nptiy to ~~ey I~:ty any pre ~u,,m ~he.rlor or in a~y re~pect (ail to psrfo~m, discharge, exccute, slfect, tomplete,. tomply ~ and ab~de by thls tovc~ant, or any part h_reo1, sn~d MGRTvAGEE mey p~sce a•.0 , pey fw tuch inw~a~ce or ~~y part ~hereof withwl w~iving or •f(re sny opteon, lien. equ~ty, or right u~~der or b~ virtue of thii Alurtgage: and thc futl amount of eath and eYery •uch payment shall be imrncdiateiy due and payabte and shall bear intc~csl irum tha date thcrrof unti! pa~d at the tate ot n~ne per tcntum pcr annum and to~ether with wch interes~ shal~ be securrd by the !iM ol Ih~f mortqage. 1. To permit, commit or iu((a no w+sts, imp~irment a deterio~ation oi said prope~ty or ~ny part thcreof. 5. To pay sll and ~ingulsr the costs, charges snd eape.»es, including a reasonable aftor~ey's fee and costt of sbstracts of t~tle, incurred or paid et eny time by uid MORTGAG:E, becawe a in the event of the (allure on Ihe pan of ~he said MURTGAGOR ro duly, prompNy and fully pe~~wn+. d~uharge. e¦ec~tq e}(Kt, compfete, comply w~th a~d ~b:de by esch and every the ftipulat~ons, agreements, condirion~, and covenanH of sa~d promnsory note sr~d ~hif n:orrgage any or e~~her, and sa~d costs, chugea and eapenses, each and every, sheil be immrd~ately due end payable; whethe~ or not there be no+~ce da mand, attempt to co!lett or suit pend~ng; ~nd the ful! amounl ot each and eYrry such paymeni shafl brar ir,+cresr from fhe date thr~eot u~~il pa~d at the o; n~~e per cantu+n pcr ennum; and all taid costs, cha:ges and exr-enaes ~ncurred a pa~d, togetF~r w~~h such inte~est, shail be tecwed by the i~en of th~ti mortgage. ~ • 6. That (a) i~ the eveot of a~y bresch of ~h~s Mortgage w default on tFx part of the ti10RTGAGQR, or ;b) the evcnt sny o~ sa:d :ums of mo~+ey here:n refe~red to be not promptly and fully paid w~rhfn ~huty i30! days ~ex~ a~t.,r the same severa':y lxto~ne due ar.d peyaLle, w~~hou~ dem~nd or notice. or i.;) in fhe event each and every ~he stipulationi, agreemer.tt, co~diiious and covenants of sa d pro~~~ssor;r ~ota and th,s mortgage any or e'ther are no~ i~ly, promptly and fully perfumed, d.uharged, executed, eifected, completed, compLed wi~h and ab~ded b~r, then in enher w any futh event ~he sa~d eg gregaro sum mentioned in sa~d pramssory note then remei~ing unpa~d, with interest accrued, end a~i mo~cys secured hereby, ahall becomr due and pa~- er!e forthwith, or ~heteafte~, at ~he opt~on of sa~d MORTGAGEE, as (uliy snd comp;etety as ii a1t of ilee said svms o1 money we*e -:.g~~aily sr.pu:ated to be paid On such day, anything in sa.d pro~mfswy note w in ~his MO~tgagC fo the CO~~~ary nolwilhstandr.~g; end thrrru{;on or the.eafter at the op~~on of sa,d MORiGAGEE, wnhout nor~ce or dema~d, ivit at law o~ in eQudy, the~e(orc w thereaiter begun, may be Hrusecuted aa ~f all moneys iecured hereby nad matured pnw to As instituhon. 7. That in the event that at the beginning ot or a1 any time pending any surt upon t1:~s rho•t~age, or to ~orM'cse ir, or to re(orm it, or to enforce p3ymeM of any cleims htreunder, uid MORTGAGEE sha11 epply to the Cou~~ having ~unid.tt:on the~~-of ior thr aopo~ntment o( a Receirer, such Ccwrt shail i~rfhwith appoim a receiver of said mortgaged property alt er.dsingular, inclvd.ng alt and s~nqu~ar ~he income, ~.~o?~ts, issues and rewe:~~~ea from wheteve~ so~rce derived, eech and every of wh~ch, it be~ng eapressly unden~ood, is h.e.eby me.~9aged as ~f speof~ca~ly set fonh a~d deur~bed in ~he granti~~g a~d hat;endum clauses hereof, and such Receiver shall have all Ihe broad and efiettivC_f~nct.o~s and powers in anyw~se entrusted by e Covrt to a Rece~ver, e:~.d s.ch appointment shall be made by such Court as an admiited equity and a ma~ter of absolute r~ght to sa~d MORTGAGEE, and w~rhou~ reference ro tne etiequ~cy a i~adrq~a~y of the valve of the property mortgaged or ro tM so.vrncy or ~nso~rency of sald MORiGAGOR or the defendami, and rhat such re-~ti, proiits, incane, issues and revenues shall be appi~ed by auch Receiver accord~~~g to the liea ot eqv~ty of said MORiGAGEE and the prouice of s~ch _ Court. 8. To d~:y, promptty and fuily perform, d~scharge, execute, effect, compiete, camp!~ with and ab~de by each and eve?~ the st~~;ufarions, agree~nents, ;or,d~rions and covenanrs m sa~d promiuwy note and fhis mcrtgage set for,h. 9. That in the evenl the ownenhip of tbe mortgaged promises, o~ any part thereof, betomes vested in a peraon other than the titORTGAGOR, the ORTGAGEE, its successo+s and asl~gns, may, withovt nm~ce to the MORTGAOR, deal wnfi s~,ch successw or suaeaso. ~n ~nteresf with refrrence to th~s c~~gage and the drb~ hereby sec~red in the samr manner as with ~M~t~agor w~thout in any way vn,a~ing or d~scha~g~ng the lAcrtgigori liabil~ty herr :^der or upon the drb~ hereby sec~red. No sale of the premlxs hereby mortgaged and no forbearance cn ~he part of the IAORTGAGEE or its s~ccessors cr ass:gns and no exrens~on of the t~me for 1he payment o'. the debt hereby secvred 9~ven by the MORIGAGEE or it~ succesaors or ass:gns, s~~ail operate ro ~e~ease, d~scharge, rnwlify thange or affect ihe ong~nal :+ab.l~ty o~ the M.ORTGAGOR here~~, either in whole or i~ part. 10. It is spec~fically agreed that time i~ oi it~e essen~e of this contract and that no waiver of any ob ;gat~on hereunder or of the obligation se- c~•ed hereby shall ai any time thereaiter be held to be a v~aiver of the terma hereof w of the ins~ru~nent secured t~erby. l l. In acid.t~u~ to The fo~ego n7 month!y paym.ents o! pri::c pal and i~rterest requ~red b/ the prom ss=r ~ ne~~- scc•red be~rby, rt:o~~yegor tovenams _ d ag~ees ro pay to mo~tgagee v~uh each momhiy pa~.~em an add~no~al sum rsr~~,aled by mwrgsgee ro i~ ea~ai to 1; i2 of ~he dnnval cost of tFw foliow- 3 , A-All real property taxes le.ied or aasessed agai~st thc aEove dezcrib•_d rea! esiate. B--Premw~ns on fi~e and w~ndstym insvrar.~e as Fwre~n requ:red to be carrled on the ~mproveme~es sltuate on the above descr~k;ed premises. C-Premiums on suth mortgage guaranty insurar,~e as mortgagee shall from t rne to r:me dcem fit to car~y on the loan secured hereby. I Mortgagee she:l from T~me to ume nGtily mor~yagor ~n w•~nng of the a~~ou~t d,.~ and nayable hereu~drr and svch su~~ shal! d,creugon be due and f : j.~b!e on the due ciare of ihe ~eRt month'y paymem and e~ch success~ve rremh the~eaf+cr u<:tit mcrtgagee shat! not:f~ rrwrtgagcr of a chxnge in such ~ :,nt. Such sums sFa.? be app:ied by mortgagee toward ihe payment of reai prcperty taaes, ~nsu~a:ic? prem.~ms, a.~d rnortgage g~a~ant~ insurance € ..~..,r~,iums. ~ , I IN WITD~ESS Y~HEREOP, the said MORTGAGOR has hereunto xt his hand and scal the day an year rs a4or~ta~d. , ~ S~gned, Sealed a~d delivered in the presence of: ~ ~ " ~ s~,n ~ : _ ~ ~ O OI' (Sea1) E • 'L i G ~ (Sesq ~ " 3 _ C.%C-l~` ~ ~ " (Seaq ~ 8 • S~:, i E OF FLORIDA t St . Luc i e ~ - ~JU'JTY OF _ - ~ LlOpd TaylOr Befwe me persqQa~lY ~ppsprede • ~ Or his w~fe, to me well known pnd k~}own re~ t0 be v1vtiilQ ;he individuals described in and wFw executed the fwegoing iashument, and acknowledged before me that Ihey executed the s.iA~i•tot ~t~'putpOses r~,ere~n e:pressed. And the said- ClOf'i~1C19 F• T8yZ01° c~ j~~ ~ ~,-~~e of the sa,a Llogd TAylor - i,~n a separate-and priva~E _ ^ nar~on by me taken separate and apart from her said husband, ackno~rledged to end kxfore me that she executed said insuument freely and vo(un- ~ ~a~~.y and w~thout any compulsan, constraint, spprehenuon, or fear of or from her said husband. ~?y ' WITNESS my hand and offiual seal th~s day of Ma~ ~~R';-r-~9~ ~ ~ ~ n ' • ~ ~~-~..1-~01~-~=!~..~.~~ . ~~~'..,.•~j` _ Notary Pub!~c in and (or the State of Flor{ds.{t~. t~` s. ~ My Gomm~ss~on expires: ` a~f~~~ io: Notary Pubi~c, S:ate ol Fbrid~ at (a•qe F~r~t iederal Savings S loan Associanon ~ ot ro.~ P.~:~e. My Commissiw~ Exp«es ~ec. 27, 1980 ~ Fcrr P~rrce. F!ohda ~°naiQ '•.O ~ ~•sw;.~. co.~..7 - ~ FI~EO AMC RECOROED ~ ST. LUCIE COUNTIf FLA. POCc~ POITRAS ~ This Instrument Prepared By 'TOt1Y1 ~III. Collins; eh ~j : Rr, !:~?~~IT COUA' - F~rst Federal Savings 8 lcan Association "''9" ``~0 ~ of Fort Pierce u R ~ Fort P~erce, Florida 33450 ~i~' ~ Z 3 a~ PH ~ i? ~ heck.ed By - ~R aoax ~'6$ t,~ 1'~$ 3659~1