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Home My WebLink About1003 _ i . ~ 3. To pl+t~ +nd continuously keep on Ihe buildinyi now or hareafter ~itvate on ~eld land end on ill equipment ~nd par~onEliy coverod by ihl~ mo~tg- p~, wllh sll premiuml Ihe~son psid tn full, fire lnsv~ants In the u~uel standard pollcy form, (n a wm approvod by the MORTGAG~E, and windstorm Iniurance In ihe ue~~f ~~andard policy foim, in a sum approved by tha MORTGAGEE, ln tuch tompeny or compa~tes a~ the MORTGAGEf may d'uK~1 +~+d ~i~ i(re end wfndslo~m insurante policie~ on any of ~aid buildings, eny I~terasl tharef~ o~ p:.rt ihereof, ln ihe agpregete wm s(oretatd or In ~xte~i Ihereof, thall contein ihe usuai ~undard mortgegee ciauie or such olher <lavsa ai the Mo~igagee may roquire, maktng the loss ~ndet teid po11. tees, e~<h end every, payable to taid MORTGAGEE a~ its intereit may appear, and each and eve~y s~ch polity ~hall be promptly ai~:gned and delivered to any hold by ~std MORiGAGEE a~ furlher ~ecurity to ~aid mortgaqe debt, and, not less Ihan te~ (10? deys In edvance of Ihe expiration of each policy, to da ~ Ilv~r to ~~id MORTGAGEE a renewal theteof, togeiha~ with a receipt for the premium of tuch renewalp and ~here ~hall be no fire or windstorm Intv~~nce pleted on any of satd buitdings, any tntere~t therein or part ihercof, unle~s in Ihe form and wilh the losi payable ai aforesaidj and in Ihe evont any s~m i of mor+ey txrcomet payable under tuch polity or policias ~aid MORTGAGEE ihall have the option to receive and epply the sema on account of the Indebted• i ne~s iecured hore6y or to permii said MORTGAGORS to reteiva and use h or any part thereaf (or other purposes, w~~hout th:reU~ ~~aivi~ig or in,pair- Ing any tquity, lien w righl under w by virtue of thi~ mortgege; end In the eve~1 ~aid MORTGAGORS shall for any ~eason fail to keep the ~aid premise~ so i Ins~red, or fsil to dellvar promptly ~ny of tatd policies of insuranca Io said MORTGAGEE, or fail promptly to pay fully any premium therafor or in any : re~ped fall to perfam, discharge, execute, effect, complete, comply wi~h and abide by thit covenant, or any part hereof, said MORTGAGEE may placa and ~ pay (w ~vch Insurance o~ any part thereof without wetving or ettecting any option, Iten, equity, or tight vnder or bp virtua of thi• Mo~tgage, and tht ; full smo~nt of eath and every ~~ch paymenl sfiall be immrdiately due and payable e~d shall bear Interest (rom the date thereof until paid a~ the rats ol ; nine per tent~m per ennum and togelher wiih t~ch lnterest shall be secu~ed by the lien of thit mortgsga. i 4. To permif, commlf or tuifer no wa~te, Impairment or deteriorotion of seid property or any part thereof. ~y S. To pay all and singulu the cos!s, charge~ and expenses, Including a reasonable a~torney't fee end cost~ oi ab~tractt of title, incurred or paid a~ t eny tlme by iaid MORTGAGfE, because or in the event of the failura on the part of ~he said MORTGAGOR to duly, prompdy and fully par(orm, difcharge, ~ exauts, effrct, tomplete, comply with and abide by each artd every the stipulations, agreements, conditions, and covenants of iaid p~omiiiory note and thi~ ( mortga9e eny or eithtr, and •aid cosls, chargcs and expenses, each end every, shall be immediately due and payablej whelher or not there be ~otice do- ; mand, +ttempl ro collat or sult pending; and 1he full amounl of each and evrry svch paymeM ~hall bear fnterest trom tha dete thercof vntil pald et tha y, tata of nine per centum per an~~umj and all said costs, charges and expenses Incurred or paid, togathsr with •u:h interetl, ~hall be ~ecured by the lien of thit { mortpafle. ~ ` 6. That (e) In fM event of any brcach of thi~ Mortgage or defaull on the part of the MORTGAGOR, or (b) tn the eveM any of eeid tums of monay ~ hereln nterred to be not promptly and fully paid wilhln Ihirty (30) days nexl after Ihe same seve~ally become due and payable, without demand or notlce, ~ or (t) In the event exh and every the stipulatiaris, agretmeMt, conditioni and tovenants of taid promfssory noto and this mortgage a~y or eilher are nof ~uly, promptly and fully performed, dischnrged, execut~d, ei(ected, completed, complied with and abided by, then tn ei~her or any such event the ~aid agr yreg~is t~rrf mtntioned In taid promitaory nota then ~emaining unpaid, with interesl acuued, and all monayt secored hereby, thall become due and pay- ~ble forthwirh, or thereafter, at the option of ~aid MORTGAGEE, as fully and completely as if all of the satd sums oi money were originally Nipulated to be paid or~ ~uch day, anything in said promissory note or tn this Mortgage to the cororery nofwithsta~dingj and thereupon or thereatter a1 tha optio~ of ~atd MORTCiAGEE, without notice or demand, wit at !aw or In equity, therefore or thereailer begun, may be prasecuted ai If all monoy~ •ec~red hereby had m~tuted pria to it~ Inttitu~ion. ~ 7. That In the event that at the begtnning of or at any time prnding eny ~uit upon thii Mortgage, or to faeclose It, or fo reform tt, or to enfort~ payment of any clatmt hereunder, ieid MORTGAGEE thell apply to the Cour1 hnving juris~idlon thereof tor the appointment of ~ Receiver~ wch Co~r1 shall forthwlth sppoint a reteiver of ~aid mortgaged property all and singular, Incl~d~ng all and singvlar the fncome, pro(its, ittues end revenve~ from whatever source derived, e+ch arx~ every of which, it being expressly un~3erstood, is hereby mortgaged a~ if specifitally iet forth and deuribed in Ihe yronting and r habendum clause: hereof, and svch Receirer :ha~l hava all the broad and effective functiom anJ powera in anywise entrusled by a Cour1 to a Recelver, •nd tuth appotntment sh~ll be mada by t~ch Court ai an admitted equity and a mairer of absolute right to iaid h10RiGAGEE, and witho~l reference Io the •dequacy w lnadequaty of the value of the property mortgaged or to the iotvency or insolvency of •aid MORTGAGOR or the defendants, and that tuch rents, profitt, tncane, i~suet. and revenues shall be epplied by euch Receiver according to the lien or equity of taid MORTGAGEE and the practice of •uch ' Court. ~ 8. To duly, promptly and fully perform, dis<harge, exrcute, effect, complete, comply with and abide by each and every the ilipulations, ~greement~, eor?diYwnt and eovenanti in said promitsory no~e and thit mortgage iet forth. ~ 9. That In tho event the ownership of the mortgaged premises, or any part thereof, becomes ve~ted in s person other than the MORTGAGOR, the MORTGAGEE, lti wccetsort and assigns, may, without notice to ths MORTGAOR, deal with such succersw or iuccessor in interest with referente to thi• mort9sge ans! Ihe debt hereby sec~red in the tame manner as with Mortgagor without tn any way vitiating w ditchargirtg the Mwtyagors' Ifabflity hara ~ Y under or upon the debt heraby secured. No sate of Ihe promisa hereby mortga9ed and no forbearance on Ihe par~ of ths MORTGAGEE or iti ~uccesson or a~stgns and no ex~snsion of the time for the payment of the debt hereby secured give~ by tho MORTGAGEE or tts ~~ccessai or assigns, shsll operate to release, discharye, modify chsnge or aftetl the original liability of the MORTGAGOR herein, aither in whola w In part. j_ 10. It ts specifically agreed thst time la of the eisence of this contrac~ and that no waiver of eny obligstion hereunder or of tho obltgation u- ~ tured h~reby shall at any time thereafler be Aeld ro be s waiver of the terms hereof or of tF?e Inslrument secured ~ierby. , f 11. In add~tion to the forego:ng monthly payments of princ:pal and interest required by Ihe promissory note tecured hereby, mortgagor tovenenTs ~ and agrees to pay to martgagee wi~h each monlhly payment an add~rional sum estimated by mortgagee to be eq~al to 1/12 of the annual cost of the follow- ; i^9` , E A-All real property taxes levied or assessed againat the above desuibed real estate. ; ~ B-Premiurns on fire and windstorm insurance as herein r~qu~red to bo carried on the tmprovement• •iluate on ihe above described premites. ~ ~ C-Premiumi on such mortgage guaranty insurance as mortgagea shsll from Iime to time deem fif to carry on 1M laan secured here6y. ~ Mortgsgee shall from tima to time notify mortgagor in writing of the amount due and payable hereunder and tuch t~m shall thereupon be due ~nd ; p~y~ble on the due date of the naxt mo~thly payment and each successive month thereafter ~ntil mortgayea fhaN nolify mortgagor of a chanps in tuth j amount. Such iums thall be applied by mortgagee towerd the payment of teal property tazet, tnturance premiumt, and mortgage 9uaranty In~ur~nte ~ premi~mt. ~ IN WITNESS WHEREOF, t iaid MORTGAGOR ha: hereunto set his hand and •eal Iha day ~nd year flr~t aforesald. j Siyned, al a I' r .pKSence of: ' ~ ~ ' ; ' ~ rse,p r~.,.q - STATE OF FLORIDA ~ Seint Lucie ' COUNTY OF defa~ m~ psnonaUy ~pp~ared Ronald Hamilton ,,,d Gi s el a Hami t021 i~h wtf~, to ms well knovrn ~nd fuwwn !o m~ to b~ , tM (ndivldvals dewibed in and wFw execvtad th~ foreyoinQ tnitrumeN, r~ acknowledQed b~fon m~ tMt tlxy ~xecuted ttw ~arrN for the pvrpw+s H~entn rxpressed. Md the said Gi s e 1 a Hami 1 t on , ~ wth of tF?~ ~aid ^ Rot~gl~i Hamilton , upon ~ sepsrat~ and prlrsb : ex~mination by rr» taken uparate ~nd spart from her Kld hus , acknowledged to +nd befor~ rtw that ihe executed seid trutrvmani fr[ely ~nd volurt~ ` t~rily snd with~t any compulsion, constraiot, ~pprshension ar of or from her uId husband. 6 WITNESS my hand and o~ficial seal this Gi~~ day of N ember a?. o, 19~ ~ ' Notary Publtc tn ~nd fa ti» St~t~ of FlorFda ~t Larps ~ ' . My Commiulon ~xpirtst R~twn Tos • ' ,7'' Notery Pubtls Stat~ M : Fint F~der~l Ssvlrgi i Loan A~wciation ~3~(1n B Y Commisstan plr~~d~ At lnrgq ' i Of Fart Pierce. ll J~ ohdad by Artl • i1N S } ~ fut P1~rcq~.Flo~ida ~~~~~f ~yD Y+ ~ ~ - c,U,,. , RDED . ~ • ~ 'ti i~ ~ ~ ~iQil~~~~ . 1 . •ti~ ' ~ ' •••j :°r.~'~, ~N SOOK = 01.'' ° ~ . ~ r ~ • •c. ? ~ ` _ ~ . d : V' • Z:• . i" ~ ~i~~! •rt i~1• ~ ~ ~ :r~ = : ; ~ <<~r~k ~.t~ 1964NOV 30 AM11: ~s ~~~d~,Q'~: f 1' r I ' ~ • " • ~.Y • f ~ ~`_r~ ? 'F.' r ~ ! , ~i lRn~ s'-Y' a • . ~ . . ROGER POITR S ~ ~ ~ . zY~ ~ A CLERK ~ ~''••~a;..,.v~~ ; z , CAUNTY- F 9 ~ ~ -,,~{.'r., ~ o,. ~ ST. IUCIE ~ LORID ~ • ~ ~ •a,,~~% 1 i r , ~ ' • . ~ 0. R' ~ - ~ 6~: ~ ~.04 - fA~E 403 ~ ~ ~ ~ : ~ - _ . ~ ~ .s . .r.~.,._,.__...,..~,...c..~A_~-.. >...~A.~_.,......,~,_ ~ •.~~±~+~'~_...w.e-~"