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Home My WebLink About0117 ~ . ; _ . ~ . + s 3. Ta ;~l~c~ and con~lnuou~ly katp on the buiiding~ now a Mreettte •ttu~ts or+ ~atd lend ~nd o~ aU cqulpmen~ +nd par~on~lly c6vsrat! by ~hl~ mortp- ~ aQ~, witb sll p~~mlum~ thareon paid In fu61, flrs trs~~r~nee In the ususl :tandard pc+licy (orm, in a sum apfxavad by the MORTGAGEE, and ~ind~torm ~ intwanc~ in ihe ~~u~) ~tanderd poliq form~ i~~ e ium spproved by tFra M~RTGAGEE, In ~uch eompany or comp~nia• a? Iha MQRTGAGEE may j dit+tt~ snd ~11 (ir~ •~d windtirorm tn~urance polides on eny of taid bu(Idinga, any t»tora~t tharein or part theraof. In ihe aflgrtgale tum a{oreeald or ~ M*xctsl thereof, sF?~ll cor~t~in the uiual •Isndard mort~agee claute or tuch ~~har ctsusa 1he Mortgagoe may require, maAtnp the loii vnder ~aid poli~ ~ tie~, ~ach •r?d e~ery, p~yabls to ~a!d MORTGAGEE as its inte~eft may appear, end each and every such poticy •hali be promptty a;s:gned and deliverrd to ~ i ~ny hetd by aid MORTGAGEE as further iecu~Ity to satd mortgaga debt, a~d, not les~ then ten p0) days in advance of 1he expiraiion ot each policy, to do- Iivet to taW MORTGAGEE a re~ewai thereof, tc~gelM~ with a receip! toe Ihe pramium of such re~ewalJ and tAere sha11 be no fire or w3nd~torm tnsuronce plapd on ~ny of said bviidings, eny Iniereat therot~ or part ihereof, unless In tM form and with tha los~ payabla as eiorssaldj nnd in the event any s~m ` of money betomei payable under such policy or palicies ~aid MORTGAGEE tihall have Iha option to receiva and apply the tan~e on account of Ihe tndebted- neis setured hnreby or to prrmit said MORTGAGORS to receiva and ute it ot any part Ihereof for othcr purpose~, wi~hout ihereb~ waivi~~g or impair• ~ tnp s~y eq~try, Iten er right under or by vtrtus oi fhi~ mortgaga; and (n the aveM said MORTGAGORS ahall for any reason fal) to keep the said premiset so ~ insured, o~ fsil fo deliver promptly any of said polities of insvrante to said MORTGAGEE, or fail p~omplly to pay f~lly any prernivm therefor or in any ~ ~lsped f~ll to perform, discharge, execvta, efteti, tomplete, comp~y with and abide by Ihit covenant, a~ any part hereof, said MORTGAGEE mey placa and pay fa tuth I~surance o~ any part thertof withouf w~iving ar atfecting any option, lien, equity, or ~ighl vnder or by vir~uo of Ihi~ Mwtgage, and ihe full ~mount ot ~sch and every ~~ch payment shall be immediately dua and payable and shall bear In?erest from the dats Ihereof un1i1 paid at the rate ol ~ ~ ntne per canwm per annum and together wilh such interest shall be secured by tha lien of Ihi~ mortgage. s , ~1. To parmf?, commit or suftor no w+sls, Impatrment or detetio~ation of said proprry o? any parf thereof. ~ ~ 5. to pay all and :ingvlar Ihe cat~, charges and expenses, including a reasonable a~rorney's fee and cosb of abstracis ol title, lncurred or patd at ' ~ ~ny timo by said MORTGAGEE, brca~se w i~ the event of the iailure on Iha part of Ihs soid 1NORiGAGOR lo dulyr, promptly and fully perlorm, d~scherge, ~ , j~ sxecuts, etfett, tompleta, comply with aru: abide by each and every the stipulations, agreements, condiliont, •nd covenartts of aald promissory note and thi~ i mertQipe any or eiihcr, and •aid cost~, tn.rgei and expensei, each and every, sha~l be immediately due and payable; whether or not there be notite da y mand. attempt to tollett or suil pendingj and Ihe f~ll amount of each and every tuch paymanl ~hafl bear interaal from the tlate thertof vntil ~satd aI tht + rate of nine per centum per annum; and atl saFd costs, chargee and expensee Intwred w paid, together with tvth interost, sAall be tetvred by the lien of thia ~ mettgspa. 6. That (s) tR ths event of sny lxesch af thl~ Ma~tpsge or deiault on the pari of the MORTGAGOR, a(b) In the event ~ny of eaid wm~ of morteY ! hsreln t~fetred to be no~ promptly and tully paid w(~htn thirty (30) days next after the •ame :cvera!!y beccme due and payable, wi~hovl demand or nofite, a(c) ln the event esth ~nd every tha itipulatlens, agreemenu, conditions and covenanta of se~d pramtssory note and this margage any or either are not ~ulY. prompjl~r and fully performed, ditcharged, executed, effetltd, completetl, complied wi~h and eblded by, then in either or aay tvch evanf the ~aid ag~ p~eyate wm :~wntioned in seid promisswy ~ota then remaining ungaid, with i~teres! accrvtd, and all money~ secured hereby, ihall become due and pay~ abl~ forthwilh, or thereatter, at the oQtion of taid MORTGAGEE, a• tully end completely as If all of the said sum~ of money were originally ~?ipvlated to be paid on t~ch day, anything in oaid promissory note or In this Mortg~9e to the contrery notwithstendingj and thareupan o~ thereafter af the option of , r wk1 MORTGAGEE, withou! no?ice or demsnd, suit at law ar ln eq~ity, there(ore or thereaite~ begun, may be prosrcuted as if all money secured hereby ~ ' had matured prior to its Instit~tion. . 7. That in tM evem that at the begiening of or at any tima pendiny any iuit upw~ thls MoHgage, o~ to foreclose If, or to re(wm it, or fo enforce paymtM oI ~~y deims here~nder, :afd MORiGAGEf thaR appty to the Coun havtng ~u~isd;ction thereof for tM sppointmenl of s Receivar, tuch Court ifiall forthwith •ppoinl a reteivtr of iiid mwtgaged property all and tingular, in:lvd~ng all snd sin9ular the ircome, protit~, It~ue~ and revenvei from whatever tource derived, sach and every of which, it being expressly underttood, is hercby mortgaged as if tpecificafly ut fwth and desvibed in tha qranting •nd habsr~dum tl+vies hereof, and sucb Receivsr shall have ~II the txoad and ef(tttivo fu~ttions ar,d powen in anywise entru?ted by a C~~rt to a Retelver, and - : such ~ppolntmenf ihall be made by such Covrt ai an sdmltted equity and a rt+atter of sbsolute right to taid MORTGAGEE, and withoul re(ere~ce lo tho ~daqwcy or ieadpvacy ot the vatua oi 1he property morlgagcd or to the ~otvency or insolventy of •atd MORTGAGOR a the delendsnl~, and that sush renti, prcfit~, Income, issues and revenves ahal{ be epplied 6y iuch Recelver accordinq to the Ilen or eqvity of sald MORTGAt3EE and the practice of ~uch : Court. - ~ 8. To duly, promplly tncl fvlly periorm, diuharpe, axecute, effect, complete, compty wifh •nd ebids by e+ch and evory ihe ttipulations, agreementf, tanditio+u and covenant~ in aaid promissory note and thit mortgage set forth. 9. Th~t !n tfie event the ownershlp of the mortguyed prcmisea, or any part thereoF, becomes ve~ted tn a perwn otFur than tM MORTGAGOR, tfie . ~ MORTGAGEE, Its tuccessws and s~signs, may, without nolice to the MORTGAOR, de~l with such sucteua a successor i~ intareat with reftre~ce to this matgaps and the debl hereby secvred t~ the tame manner as with Mortgagor without ln any way vitiaUnp w diuFwrg)ng tF?e hAortgagori' Itabtlity hera under or upon the debt hereby tec~red. No iate of the premises hereby mo~tgaged and oo forbearance on the part of tM MORTGAGEE or its succesior~ a auigns and no extension of the time {or the paymeM of the debt hercby secured gtven by tFK MORTGAGEE or its successors or astigns, shaN eparate to telease, discharQe, modify change or sffetl the orlgina) Uabi)Ity of the MORTGAGOR Mrein, either in whol~ a In part. )0. h li spetifically ngreed. that time ia of the e~sence of thit contract and thal oo walver of any o6ltgation hereunder or of the obligation se- t~red hereby thall at any time thereafterbe held to be a wsiver of the terms hercof or of the initrumant aecured herby. • 11. In addition to the forego:ng monthly payment• of princ:pal and interest required by the pramissory note tecured hereby, morigagor covenant~ and agree: to pay to mortgagee with each monlhly payment an addiliona! sum estimaled by mwtgryee to be eqva) fo 1~12 of the ann~al cost of the follow- - 1og: - A-All real property taxes levicd or asseised against the above desuibrd real estats. B-Premiums on fire and windslorm intvrance as herein ~equ~red to be carried on the improvements tit~ate on tfie abova dettribed pramf~?et, ~i C-Premium: on auch mwtgaga gvaranty lniurance as mortgagee thalt from time to time deem fit to urry on the Ioan srcured hereby. MoHgagee shall fror» time to time notify mortgagor in writinp of tha amount due and payab~e her~under and such :um shall thereupon be due end ` payable on the d~e date of the next monthly payment snd each successive month thereafter vntil mortgsges :hall notify mortgagor of a chanye ln such 3 smo~nt. Such s~m• shsll be applied by nwrigagee foward the payment of real property taxet, ~n=urance prem~um~, and rrwrtgage guaranty imurnnte Y premiums. - i ~ 1 TNE55 WH EOF, th~s said RTGAGOR has hereunto set his hand and :ea) the dey and year flrit aforesald. r d delivor gresence of: , x i~ ~ ` ~ . - ~ n ~.n ~ .---;s~.n STATE OF fLORIDA ~ . . counmr of 9aint Lucie eefor~ ms penonally app~ared - G90I~R~A W. Llovd L pp .~,a hu wife, ta rt~ w~ll krwwn ~nd known to me to M , fhe IndivWusl• describad In and who exttut~d tM faa~oino {nstrwnerrt, and acknowl~dy~d b~{ot~ me that Nxy ~xecuted the same for ths purposes rfimnin expre+sed. And fhe tatd ~+,'V8 L],O~C~ • wi(~ of the said ('r80Z'$~ w. Ll o~d s~parat~ and prl~rat~ ex~m~n~iSon by rr» t~ken upants ~nd apan from hsr sald husband, acknowledged to +nd befae rt?a thsi :he axdcuted saW tnstrument fr~ely uid volurr _ tarily and without ~ny compulaion, torutnint, ~ppr~Fwruion, fw~ of or from her said Mnband. WItNE55 my Mnd and official seal thi¦- day of NOV ber -j /l D. 19 b~ ? ~ Not~ry ub~ tn ~nd for th~ Stah of Florida ~t t~r~ , s . R~turn Ta ; . , MY lon ~xpira~ ~ Flnt Fderal Savlnys a lo+n M~oci.t~305~ Notary rubik, S~ro~s MF ~ 1 14~fi Of Fort Piera. ~ My Commission j~ - . f o r t P i r r u. F l a W a B o n d e d b Y A m e r k a n Su re t y C p. ( y„ Y. , t s~~~~ tl~ , , , , ~ ~~~l~r y~~~ , ;.o~ j ~'a=~-f : ~ - Fl1ED AND RECOi~DED . ~ - ,.~~~~t~~,,,,. ~ .ta ~ GOK - - ~ . _ ~'x ~ /.Sr'r ~,`/_u /~l'' (.C~,'''; ~ ~~;~~ff~~'~~~ : . n:. ~ ~ / • • • ~ ~ - j ~ , 1 ~ ~ . G~, ~ - . ~ ~ ' l'~~ ~y l~a . ~ • ~ . ~ i'~i •J ~ s~~ .c, . i . ~ :1964 h0 ~ ! 3 _ PM 3. 38 ~ ~ =YO _ ; Q ' ~ _ - s - - - ` • ' ' - = _ ~ ~ : ° ~ , . ~ -#t4G~R POiTR~S. Clf.;1c , . ~'~-,,~~o•~•........•~•~1~ = : ~ :~.St. ll1CIE COUtITY, fLORIOA ~ . ~ _ ~ . ~ ~ . ~ - ` ~~'''~n~,~~~1t~!'`~~`~` : ~ ~~`:~.:~f g:R= . ~s at'~ . . d~~i . ~Qc~ PAGE11~ ' ~ v r, ~ ''~r~...,.,~.•`•' .~j~` ~ ~ ` • . ~ /r~ ;g,-.,.„rt,-~~t , .7l?