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Home My WebLink About2258 , • ~ ' _ ! i ! 3. To place •nd con~in~oufiy keEp on the b~~lldingt now o~ Mrattt? ~itu~te on aald Isnd and on ~11 equlpmenl and per~cH~~lly tovottd by ihlti morig• ~ ~efl~, w(Ih ~II premlum~ thereo~ paid in iull, fire Ineurance in Ifie vwal s~andard polity fo:m, in ~ sum approved by the MORiGAGEE, and winditorm ( Inw~~nc~ in the utiu+l ~~andard policy (orm, In e s~m approved by Iha MORTGAGEE, in ~vch eompiny or tomps~ie~ ai Ihe MORTGAGEf msy ~ dtrtt?J •nd a11 Iirr +nd wind~lorm i~~vrance policiet on any of taid kwild~ng~, sny intare~t Iherei~ o~ psrt thereoi, I~ ihe •gprega~e w~n afo~esald w ~ In •xcelf Ihercof, ~M11 conNin iho usval ilandard mortgagee dause ot tuch olher clause a~ Ihe htongagea may roquire, rtsakinq Ihe lou undrr iaid poiH tia, each and every, payable to said MORTGAGEE e• it~ intett~t msy eppe~r, artd each a~d e~ery tvch po~icy it~all be promptly atii:gned and delivered to ~ny held by ~aid MORTGAGEE as (urther secvrity to .~td mo~tg~fle dabt, a~d, ~ot les~ ~h~n ?en (10) dayi advanco 01 ~he expfration of e+ch policy, Io dr Uv~~ to iaW MORTGAGEE a re~ewai Ihe~eof~ to5lethar wi~h • receip~ fo~ Ihe premlvm ot tuch renewalj and Ihe~e ~1?all be no (ire or windiiorm insur~nc• plat~d on any of f~id ~,ildings, •ny Inta~cit iherein or pari ~hereof, unlei~ i~ Ihe form and with th~ ~oss payabte a~ a(oresaid~ and In the avenl any wm of moruy becomes payable under such policy or pnliciai said MORTGAGEE ~hall have the opiio~ ta recaive and apply ~he zame on accouni ot ~he indebted~ neu ~ecured hsroby or to permit ~eid MORTGAGORS lo rocelve and use 11 w any part Ihereof for other purposei, wiihout th±reb~ walving o~ impalr- (rtg any equity, lien or righl ~nder w by virtue of ~his mor~qaga~ and i~ Ihs evcnl ~aid MORTGAGORS ~ha~l tor any teation fall to keep ~he said premites ~o lm~red, or fail fo daliver promptly +ny of ~aid policies of ins~ronce to said MORTGAGEE, or tail promptly to pay fully eny premivm therator ot in ~ny , nspect fsil lo pe~(o~m, d~scherge, execute, e((eci, completa, comply wl~h snd abida by thii tovenant, w any peil hereoi, said MORTGAGEE may plue and ` pay fa wch low~anco or any part the~eof w+thout walviny or ai(edinfl any option, Uen, equity, or righl under w by vlrtua of Ihi~ Mortpags, ~nd tht ~ {ull am~wnl of each and avery wch payment thall be immediately due and payable and ihall bea: interest {~om the dat• thcreof until pald at Ihs rst• ol nlna par tent~m pet annum and toge~her wilh ivch lntereat ih~ll be iecured by tha lien of thi~ matgago. K 1. To p~rmlt, commit or ~vf(er no waste, tmpsirment w detertorelion of ~aid properiy or any part thereof. S. To pay ~II ~nd tingulu the co~~~, cha~ga and expenses, includinfl e reasa?able attorney'i fee and cost~ of ibslrect~ of title, I~cur~:d or p~id a1 • sny tlme by faid MORTGAGEE, becaute or In tho evenl of the failure on tha parl of ihe •aid MORTGAGOR Io duly, promptly and f~lly par(am, ditchargs, ~ •xecufs, ef(eci, <anplete, comply wf~h and abide by each •nd evtry Ihe ~tipvl~~ians, agreemonls, corxtitloni, and cowrtants of anid promisiory note ~nd Ihi~ r~~• : m~xtgaqs a~y or eilhar, and iaid cosu, charges and expenses, each and every, ih~ll be Immedletely due and psy~ble; whotMt or r?ot ~here b~ ootice da mand. •Itempt to collecl or svit pertding; and the full amount af each and every such paymenl thall 6e~r f~?erest irom Ihe date thartwf until patd a1 the rate of nine per centum pzr annum; and all sald cos~s, charges and cxpenses incurred or paid, togethar with s~ch Interesl, ~h~ll 1» ~ecured by tM lien of thi~ mortga9s. 4. That (a) tn t he event o f any breac h o f t h i~ M or tgage or de f~u l t on t h a p ar i o( t h e M O R I G A G O R, w( b) t n I h c t v e n t • n y o f a i d w m t o f n o ~ o y heteln r~(erted 1o be ~01 promptly and fully patd within Ihirty (3Q) days rxxt afler the tamo tevarally become due ~nd payable, w(Ihou1 demind or noiite, dr (c) In the event esch and every the slipvlations, agreementt, conditlons and covenants of taid promiss6ry nota and th~~ morlyage •ny or eilher •r~ no1 ! fuly, ptomptly ~nd (ully performed, discharged, executtd, eifeded, comp!efed, complied ewiih and ablded by, then in either or iny ;uch tv~nt the taid ag j pregate tufi mantionad 1~ t~id promlisory note then rtmaini~g unpaid, with tnterrs~ accrued, and all money tecured hereby, ihall betome du~ and pay~ abls fathwith, a theres{Itr, al tha oplion of said MaRTGAGEE, as f~lly and complelely es ti •II of Ihe tai~ tvms of money were oriqlnally tlipulated • la be paid on tvcA da~r, anythiny In satd prumissory note or tn thts Mortgage to the conlrsry notwiihstandingj and Ihoraupon ot ihereaftet at th~ op?ion of t • aid MORTGAGEE, w(thoul ootica or demand, t~it'at I~w w in equily, tharefore ar thereafte~ begun, m~y tx proKCVted at If all money eecv~ed hereby ~ ~ hatf matvred priot lo ilt (nstitulion. . 7, That in fhe avenl thal at the beginning oi or al any time pendin{~ :ny ~uit upon thi~ Mortpage, a to forecloi~ H, or to refam It, a to enforn p~yma~nl of any tlaimi hereunder, taid MORTGAGEE ihall apply lo the Court having iurisdic~Ion thereo( for th~ appoinfinent of s Recatver, ~uth Co~rt ih~ll farlhwlth Appoint a receiver of taid mwlgaged properly all and singuler, Includmg all and tlnyular the tncomo, pro{its, lisves +nd nv~nuei (rom whatever ' wurct derived, each •nd every of which, it beiny expressly vnderstood, i• hereby mor~g~ged as if specitiully set twlh ?nd desuilxd ln tM 9~anttr.y and ~ ( habendvm clavaet hereof, and such Receivar tha11 have all Ihe broad and effettive funclia~f ar?d powert i~ anywise enlru~ted by e Covr1 to • Receiver, and ~uch appolntment shall be mads by such Court si an admitted equity and a mal~er of ebsolute right to taid MORTGAGEE, end wiihout rafererxs to the • ~dequaty or tnadeq~acy of the valve of the praperty matgaged or to the ~olvency or insolvency of •aid MORTGAGOR a the dafendanl~, snd Ihat ~uch ~ents, pro(its, trtcame, i~s~e~ and revcnuet thall bo applird ~y such Receiver accOrding to the lien w equi~y of •aid MORTGRGE~ and ths practit. of tvch ~ i • Court. ~ i ~ g. To duly, promptly end tully perform, ditichargo, execute, eff~c~, complete, comply wi~h and abide by a+ch +nd tvrry 1M tlipul~tioni, a~reemenlt, „ tonditbn~ snd covenant~ in wid prami~awy note a~d this mortgage set forlh. . 9. Tha1 tn ths event the ownership oi the mortgaged premiscs, or •ny psrt thereot, becomti vssted In ~ perwn otMr fhtn tM MORTGAGOR, tM 1 MORTGAGEE, its ~uccesion and esiiyns, may, wi~hovt notice to ~he MORTGAOR, deal with ~uch svccr?:a w svccess6r tn intere~t with reterence to thi• mor~g+9e and the debl hereby iaured in the ~ame manner as wilh Mortgagor without ln any way vitiati~ or distharqlny 1M Mortp~gors' liabllity her~ ~ under or upon the debt hereby secvred. No •ala of the premi~ei hereby mortgaged and fW fOt~tif~MO Of1 IM P~f1 of Ihe MORTGAGEE or lh succeasori or ~taigna a~d na extension of the time for the payment of the debt hereby secured given by Ihe MORTGAGEE or ils ~vccessore or au39nt, ?hall optrat• lo ~elease, dischuye, mc,d9fy ch~nge or aitect the original liability of the MORTGAGOR herein, eilhet in whola ot 1~ part. 10. It la speciffcally agreed ~hat time is of Iha assenca of this centract and th~t no waiver of any obllgalion heraunder or of tM oblly~tkn 1a ~ cur~d hereby shall ~t any tlme thereaEler ba held to ba e waiver of the termt ~ercof ot of the Instrument tecvrad harby. - . . ~ ~ 11. In addition to the forego:nc~ momhly paymenh of princ'pal and lnterest required by the promitwry nols tcc~red hereby, mortpagor co~enanq ~ ~ ~ a~d agreet to pay to morlgagee wi~h each monihly pbyrnent en addilio~al s~m esiima~ed by mortyagee to ba equal Io 1/12 of the ann~~l tost of the follow- ~ A-All real property taxes levied or assessed againsl the above described real e~tate. ~ ~ B-Premtums on fire and windstorm inwronce at herein requ'aed to be carried ori the improvemeM~ tituale on the sbove described pcemite~. ~ ~ i C-Pramivm: on auch mortgaga guaranty in:urance at mortgagee fhall irom time to time deem fif to urry on !M loan ~ec~rad Mraby. • Mortgagee shall from tima to time notify mortgagor in w~iting of tha emount due and payabte hsreur?dar and ~uch :um shall thereupon b~ dw ~nd payable on the due date of the next monlhly payment and each ~vccess(ve month thereafter untit mortgagae ehall notify morlgagor of a ch~nye ln s~cfi • ~ unovM. Such wmi shall be applied by mortgagee roward the payment of teal property taxe~, Inwransa ptemivm~, and mortgaye gwranty lnwunci . prtmium~. IN WITNE55 WHE EOF, the MORTGAGOR hai hereun!o wt his hand snd seal the day and yesr flrsl ~foteiaid. ~ 5' aled d~liver n t pre ence oh ~ ~ ~f! ~ ~ •n , ~ ~ ~ ~-.n : ' , STATE OF fIORIDA ~ . counmr oF St. Lucie . ' . . i Mfor~ rt» perwnally app~~red S&U 1 Gr o s s ~ . : ~ F'HVA ~'OSS fif~ wtfs, so me vwl! krawn snd known ro n?~ to b~ ` ths Individusli detuibad (r? ~nd who sxecuted ths forcqoiny Inttrurtwnt, and atknowledp~d beia~ rrN that thay eaewt~d tF?~ am~ fa tM ~wrpose~ . ~ ~ ~F ~e ~'~ros s ~ . rl,or.a+ .xpresud. And rh. ..Id ~ ~ Saul~ ~ tross - . wtf~ of th~ HM _ YQOfI •{lPN~1~ N1d F1flYi!f ~xominaY?on by rr» t~ke~ Esparat~ ~nd ~part from tror iaid husband, acknowledqed to ~nd btfon mt that ~M ~x~cvtsd aW Iratrwn~nt fresly ~nd volvo- tuily a~d without ~ny compu~sion, canslraint, apprefisn.iqw/nJ oe f r of or from her said hutband. _ - • , WITNESS my hand ~nd offlciaf seal this !iC'•~`~ day of D. 19 ~ ~ ~ ~ ; ~ ~ i " : ; ~3 8 ' No~ary Pubtk In and far ths Sfa vf flwtd - . ~ ~Q , ; My Commission ~xp3ra: e~ ~`:r; ~ %'~~'~:V ~~i ' ROfYffl TOf ~;~'~.i` Qi~~'',=~F:~~~ ~ . ; ~ Notary Pu'~CK St te c1 flon~'a at l.arge ~ -f ' ~ ~ ~ ~ F fkit Fsd~r~l Sevtng~ 6 I,oan /l~sociation ~ r'. 7 ~~{`b'0 ;~i•. 7: t- Z of ~on Pierc~. FILED.AND RECOROED b~ ~:~~a~~ o~9ss :.~:-,~b : . . - : ` Fo?t Pi~ru. FtorWa ~ ~i . • ~ ~~_-~C~d~.-~~t~-:)QI~K 's d'• b10~~ :~Z`:, . "~~t.' . . ~,i- _ . . s ' *~~~.r, ' - ~i~ ~ ~ ~`3:~~ 1954 DEC 22 PM 3: 22 ~ " . , . .,,,,.y~;a. t: A , • ~ 0 . ~ ; ''4 ~r~W ~ ROGER POITIiAS, CIERK ; ~ ,,t -•~~r;..~ ST, IUCIE COUN1Y, FlORIDA . - , , -l,~ r ~.~v; . ~ r;~ ~ • • ~ , , . . . ~ : ; :l • ~ r ~ _ . . ~ ~ i B~RK ibG[ ~5~ , . ~ ~ . . . W • l f . ' . ; i :t ~ _ i7~~~. . . _ - -