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Home My WebLink About0111 t ~ i S. To pl~c~ and continuously ke~p on ~h~ buitdinp~ now a hEr~aft~r sihiat~ or iaid lu~d ~nd on ~II eq~ipm~~t ~nd pawn~lly cov~~ed by thi~ morp~ ~ p~. with dl p~miwns IMreon paid i~ fu14 fir~ inwrant~ in ~I» v~wl surdud policy torm, In • tvm ~pprored by tM MORtGAGEE. and windstwm ~ % insw~na In tM wwl ~undard pol~cy fwm, in • sum ~pprowd by tM MORTGAGEE, in ~uch canWoY w cor^P+nih N ~M MORTGAGEE m+y i dk~ctt ~nd ~II fir~ ~nd wind~eone~ i~wr~na policies on any of said buildinp~, ~ny Inhrpt thtreln or p~rl Iher~of, k? tM ap9rpa~~ wm afor~~~d w;""~" t In ~xuq thir~of. shall cont~in 1!» usual s~anda~d mo?~yay~ clavs~ w such o~Mw cl~v~ ~s tM Mortp~ en~y rpua~. m~ti~p tM los~ ~ncl~+ ad po14 ~ citi. ~ach ~nd ~wry. pavb4 ro uid MORiGAGEE ib inltrest n+~y ~ppN~. u~d Ntl~ and ~v~ry tuth po~icY shall b~ p~omPNy us:9ned a+d dttivH~d W •~y Mtd by wid MORTGAGEE ~s fw~M. ~ecwihr ro s.id map.p~ d.b~. ~~d. n01 Iq~ 1haA IM (101 d~l/~ in ~drant~ of th~ ~xpir~tion ol ~ach pol~cy, ro da ~ Iiwr 1o Nid MORTGAGEE ~ r~wal thersof. topa~hK wi~h • reuipt fw ~M pr«nium of svch r~n~w~lJ and ~Mr~ shall be no fin a wi~dtitc+rm insvr~nu i pl:csd on ~e?y of said b~Udinps, ~ny intNyt 1ht?~in af part IF~wf. unleu In tM fam ~nd with tl» foss payabM a eforesatd: u~d in tM ev~m ~ny wm of mwKy becon~ paYabl~ ~nder such polky o~ polKiei wid MORTGAGEE ihall h~w th~ option ~o recsive and ~ppty tM s+m~ a+ ~cca+m of ~ha ind~b~ed~ rns~ s~cvr~d Mreby w w permit aid MORTGAGORS to receiw and ~w tt a~ny part thereot fa other pu~poses. w~~hou~ the.eo~ waivi~+a a impair- . irq ~nY pvity. IiN? a ripht under a by vtrhw of this mort~p~s and in tM ~wnt wid MORTGAGORS ahall fa ~y ~s+son fail to ke~p tM s+id pnrriises so ~r' ` - inawad. a fail b delivtr prompNy ~~y of said politits o) i~sur~nc~ to s~id MORTGAGEE. a l~il promplly lo p~y fully sny p~emium therotor w tn any respect fall b pw(art4, discMrpe, ex~cvt~, ~fiecL compl~ts, comply witA ~nd abid~ by tFris oownaM, or anY put Mreoi, sa+d MORTGAGEE may plxe +nd . pay (w sud~ Gawaoc~ a any put tMr~of without w~ivi++p a ~ff~ctinp ~ny optiay IiM, pvity, or ripht v~ a by virtw of rhii Mor~qa9~, aod the ' . full amovm oi each and ev~.y such paym~nf sMll b~ imrnedi~t~ly dw and payabb and ihalt be+r ImK~s~ from tM date thereof un~il paid a~ ~h~ ~aa oi i nins per ctntum pa anrw~~ and toge~her wlth svch interea~ shdl b~ cecured by tM lieo of this matppe. a. To pKmit, aortwrdt a wff~r no wash. MnP+ument w dNerar~tion of saM propwty ot ~ny p~.t lherwf. . S. To p~y all u+d stnpvlx tM coats, charg~s +~d exp~nses, inclvdinp • reasawbh ~tto?ney'i fN and cos~s of abstracts of title, incurred a p+id ~t any Yien~ bp said MORTGACafE, b~ta~s~ o? in tl+~ ~vont of 1Fw f~ilun on ~M p~~t of tM aid MOR~GAGOR to duly, prompth ~nd fvlly parfonn, d~sehar9~ execvt~, ~ffea, eompl~a: oomPN with and ~d~ by ~ach ~nd ~w~y ths ~tiputatio~s, syreamtnts, ta+ditiom, ~ad town~nts of a~id promis~ory r+ot~ and ~his mwe9p~ any w eitl?e?. and sa~d cos», chupes and ~xpenses. each and ~verr, sMll b~ immediat~ly due ~~d p~yable; whether w no~ ~here be no~ice de~ mand, ammpt to colkd a s~it p~ndi~gt a~d tlw fvll ur~o~nt of each ~~d ewry wch p+YmN+t ihall b~a~ intereat from the date thereot until paid at th~ ra~e oi nine per cenrum per annvm: ~nd all said tosts. thar9es s~d expenses iatvrr~d or paid, together with suth intar~st. shall be secured by th~ lien of thil ~.ro~.. . _ _ r 6. That (a) in the we~t of any br~ach of this Morty~pe or defwlt on tlr put of the MORTGAGOR, or (b3 1n tM ~wm ~ny of ssid wms of money herein refKred to b~.not promptly ~~d fully pak! within thirty (30) days next afta the ame severally becoew due er?d piyabl~, witA0U1 dOrt1,f~ O~ f10~it~. or (c) in tM ~vent eech ard every the st~pulatio~s, igreert+en», condirions ~nd covenann oi sa~d promiuory note and thi~ mortga~e any w either are eo1 iuly, p?o~ry .~,d t~iy p..f«~d, dischsrped, ezecv~ed, elfected, tompkt~d, complied wi~h end abided ~iy, tMn in either or any svch wsm tlw ssid ~g gre9ats sum mentiooed M said promissory not~ tMn ramiinirq unpaid. with imeresl ~ccrwd. ud all moneys ~c~cured Mreby. sMll becwr+~ dw and p~y- able forthwith, a thereafter, a1 tM optan of aaid MORTGAGEE, as futly and compl~tely u it all of the isid _wms oi money were originally stiputated to be paid on tuch day. anythinp in sa~ promiasay nots or in this MortQ~e to tM contnry notwithstandirg: snd tl?e~eupon oe t(xreafter at ~he option of said MORTGAGEE, withoW no~ice a demand, tuit at law or in equity~ tFINQFOIO W fMltNNN beyun, msy be proa~cuted ~ if all moneys astured hereby had matwed prior t0 ~b i+ufitution. ~ . 7. Th~t in ths evrnt that at ths begin~ing of p at sny tune pendinp s~y svit upor+ thi~ Mortgaps, w to fpecloss tt, or to ?eform it, o? to enfwce payment of any claims he~cunder, said MORTGAGEE shalt apply to ths Court havinp jurisdictio~ Ihereof fw the appointma+t of s Receiver, wch CovH shall forthwith appoiM a receiver of ssid mortqayed property all and tirq~tar, incl~d~ng all snd s~ngvl~r th~ incorM, profiti, kives and revenues from wh~ttver so~rce darived. exh snd every of whKh, it beinp ezpressly ur?d~rs~ood. is hereby mor~9aged af if specifically set fath and described in tF~e p?anrinp a~?d habendum davses hereof, and such Receiver iMll have ~II the broid and effective funct~ons and powat in anywise entrusted by e Court to a Rece'wer, and svch appointmcnt shall be made by such Court as ~n sdmitted equity ~nd ~ rn~tter of absolute ight to sald MORTGAGEE, and wiihoul refercnce to tF+e adequacy w insdeqwcy of the wtue of the. property maty~qed or to tM sonrency w~n~oivency of said AIIORTGAGOR a the defendants, and that such renrs, profi», income, iuues +nd reve~?uss sFeall b~ applied by wch Receiver accordinq ro ths Iien w equity of said MORTGAGEE a»d the practice of such Court. ' 8. To dvty, promptly ar+d fu1Fy pufam, ~chsrye, exeeute effsct, compl~t~, comply with and abide by e+ch ~nd ewry the stipulatto?u, ~greemenb, condiriom and cwen+nn in said promiswry not~ and tlw matyapt set forth. _ . 9. Thar in rhe e,~em the ownership of the mo.tgaped premisa~, a any part thereof, beo«nes veated in a penon mher fMn the MORtGAGOR, th~ MORTGAGEE, ib wccesson a~d auigns, may, with~» notice to tM MORTGAOR, dcsl with such successor or successor in interest with reierence to this mo.tgage snd the debf hereby secured in the sam~ manner as wifh MorlQayw without in any way vitiatirg a dischar~ing the Mwtyagon' liabilify herr under or vpon the deb~ hereby sew~ed. No ~ale of the F~emises he~eby morfyaped ~?d oo forbeara~c~ on th~ par~ of th~ NIORI6AGEE a iri successors or au7g~ and no cxtension of the time fa the p~ymem of tM d~W he?ebr secur~d ~ivea by tFn MORTGAGEE or in suutuors or ~ssEgns, shall opKat~ ro ralease, dixharge, modify chargt' or affect the original liab~{iry o~ the MORTGAGOR hertin, eitMr in whole or in put. 10. It is specificaily agreed tMt time is of the essence of this contract ~nd th~t no waiver of any obli9ation hereunder or of the obl'getion se- cu:ed hereby shall at any time thercaffar be held to be ~ waiver of ths tetm~ hereot a of tAe instr~meet secvred herby. 1 t. In add~tion to the forego:ng ~nonthly payments of princ"psl ~nd infcrest required by the promissory nole secured hereby, mwtgagor covenanta and agrees ta pay to mortgagee with eath m~thly payment sn sddirional sum estim~ted by mortyapee fo be equsl to 1/12 of the annuat cost of the follow- ~ng: A-All real prop~rty taxes levied a asxssed against the above desa~bed real ~state. _ , B-Prc+niums on fire and windsrorm imurance as hetein requ~red to be urried on the improvements utuat~ ori t1~e ebove described premises. ' C-Premiums on such mortgage guuanty insur~r~ce as mwtgsgte shall from t~me ro time deem fit ro carty on the loan sewred hereby. Mortgsgee sFw{I from time to tima ratify mortsayor in writ~np of the amount due and psyable he~amder and svch wm shall thereupon be dv~ snd Fayable on the duc date of tha next monthly paymept snd each successive month thereafter ~ntii mwtgagee shalt notify morrgagor of a change in sudl ~ amount_ Such sums sF:all be applied by mortgagee tow~rd the p~ymtnt of ~~al property taxes, inwr~rrca prem:ums, and mortgage guaramy inwrance ~ pr._miuml. • . IN WITNESS WHEREOF, the ~sid MORTCaAGOR hss hereunto kt his hand and seal the day and year fint aforesaid. ~ ~ sip~~.a~, s.,ka .,,d ddive. a.seno. of: MAR EST , A fILfD AMO RECOl~OEO ~ ST.lUC1E COUNTY flA• ard d. 8 Ilel'SZ 2"b it4C£R POITRA~ ~ fIEKK C~ftCU1T COURj gla g. ~H1 a2~3n~ g general p~tyer - ~ c, - y. ~;FtED ~ STA7E OF fLORIDA _ ~ - - - - -~.c~Q_~_39 PN'17 - - - - - - - - T ~ ~s~.s STATE OF FLORIDA COUNTY OF ST. Ll1CIE 1 HHtEBY CERTIFY, That on this 17th day of October , A. D. 197? , before me personally appeared Edt~ard J. Lexis a~ Ibttald E. C$].1,a~aA ~ ~,i aki.:: Q~ respectively qene ral partne rs ~ , < WEND-I~iAR EST~TES, L'~ , a Limite~ Flor ''"~„e: • f. r~: : ~ krtown to be the persons described in and who executed the foregoing instrument and severall~ dckn~wledQed ~ Y : - cution•thereof to be their free act and deed as such officers for the uses and purposes therein men~~qt?ea~• ti'::: ~ • L y • • ~ , and the said instrument is th$ ad and deed af"::aiclt ~ - WITNESS my hand and official seal at Fort Pierce id coun nd atat~ • ~ ~d ' .t~~ ~ Thie instr~uoent prepa by DONAS~ E. R0t3AE.S First Federal Savings & Loan Association Notary Public, in and for State and County aforesaid. of FO~"t. P1e2~Ce My Commiuion Expires: Not~ry P'~=":. St~tc e1 ~T.~::~a at Luse a us /9~ 1~r Ces~:~~ f~r,~ C.c, i3~ 1~ ~ ort Pieras, Florida 33~50 ~ w~•. r~. ~ c.~r Checked B~~ , _ • OR ~ . . g00K2~,P/ICE ~ . . : _ ~ _ .,:a. -~_L _ ~~r z :3,~_ ~ ~ _ _ ~