The URL can be used to link to this page

Home My WebLink About2903 . ' 3. To pfece end tontlnuovsiy kee~s on the bufldin9s now o? hereafler ~Ituate on said lend and on all equtpme~t and peraonally covered by thl~ mortg• sge, with ell premi~mf lhereon paid in full, firc tnsvrance in Ihe vsval standard pofity form, in a ium epproved by ~he MORiGAGEf, a~d wlnd~torm ' Inw~anca in Ihe ~iuei ~iandard policy fo~m, in a sum epproved by Iha MORTGAGEE, !n wch company or companies es the h10RTGAGEE mey dtret~j snd sp ilro and windstorm Insurente policie~ on any of said buitd~ngs, any Iniereil therein o~ part ihereof, In ~he aggregate tium ~(oretald or !n exee~~ thereof, ~hall contain tha usual standard moit~agee clause o~ such other ctause a~ Ihe Mortqagee may reqv+re, maktnry tha loos undet ~aid polf- tlet, 'each and evtry, payebfe ta said h10RiGAGfE as its Interest may appear, and each and evory such policy shall be promplly a~s:gned end delivored ~o any hald by ~atd MORTGAGEE as f~riher tecvrity to said mor~gage de~t, and, not leif Ihan ten (10) days in edvante of 1ha expiration o1 each policy, to dr i Ifver 10 ~aid MORTGAGEE a renawal thereof, toga~her with a receipt (or ~he prernium of tu<h renewat; and lhero shall ba no firo o~ windsiorm insuronce pleced on eny of sald twildings, eny interesl the?ein or parl thereof, unlcts in the form and with Iha loss payable as a(oresaidj anJ in the cvenl any wm of monoy brcoma payable under svth polity or polities said MORTGAGfE th~li have Ihe oplion to re<elva and appty the semo on accoun? o( 1he Fodebted- nass secured hereby or to permit said MORTGAGORS to receiva and vse St or any par~ therooi (or other pur~+oses, w~~hou1 ~h~reb~ waivi~~g o~ impair• l~g any eq~iry, lien ot righl undcr or by vir~ua of Ihis mortgafle; and in the even~ :a~d hiORTGAGORS shall for any reason iail to keep the ea~J premisc~ so Insurcd, or (ai) to deliver prompily any of said policles of inturance fa said M~RTGAGEE, or faii promptly ~o pay lvUy any premium therefo~ or in any - rospect f~i~ to pertorm, discharge, execu?e, ef(ect, completa, comply wi~h and abide by this covenant, or any parl ha~eof, iaid MORiGAGEE may placa and pay fo~ wth iniurance or any pert thereof wiihoW waiving or affectinc~ any option, lien, equity, or righl under w by virtua ot this Mo~tgage, and the full amo~M of eech a7d evuy wch payme~? ~hait ba immediately due and payabta and shaU bea~ interest from Iho date thereo( ~n~il paid at ~ha rate ol nine pe? ceMvm per annum and together with such iMerest shall ba s~cu~ed by the I;en ot Ihis mortgape. To permlt, commit or iuf(er no wastc, 1mpalrment or deterioration oF iaid property ar any part thereof. . 5. To a all and :1 ` p y ngular the tost~, charge~ and expenses, including a reasona6le altorney't fee a~d tosls of ab~fractt of tilte, tntvrrad or oaid at ~ ~ny tlme by ~aid MORTGAGEE, becauso or in the evanf of the faiture on the part of they~aid MORTGAGOR to duly, promptly and (ully perform, ditcharge, a execute, elletl, tomplete, tomply wijh a~d ebide by each a~d evcry ihe stipulations, ag~eQments, con~itions, and tovenanlt of taid promissdry note and thit yf , mwtgage any or ei~her, and said costs, chargei and axpense~, each and every, shall be lmmediately due and pnyabte; whe~her or not there be notice da ~..4 . mand, aliempf to collecl or wit pending; and ths ful~ amounl of each and every such payment shall bear intarasl irom the date thereof until peid at the :j rate of nina per centvm per annum; and aIl said costs, charges and expenses incv~~ed or paid, together wi?h wch interosl, shall bo secured by the lian of th1~ i~ mwtgage. . 's j: 6. That (s) In the event o~ eny breach of thi~ Mortgage or dafauil on ttie part of the MORTGAGOR, or (b) in the eveot any of satd svmt of money here)n relened lo be nm promptly and fully paid within thirty (30) days next after the iame severally become d~e and payable, withoul demand or notite, i~ or (t) in the avent each and every Ihe ,~lipulations, agreemenls, conditions and tovenants of taid promissory note and Ih~s mortgage any or either are nol ~uly, promptty and tully perfarmed, d~scharged, execu~ed, eilected, tompleted, compfied with end abided by, the~ in elther or any svch event Ihe teid ag- ' pre~ate sum mentaned in said promissory note then remaini~g vnpaid, wilh interesl actrued, and all monays setvred hereby, ~hall betome due and pay~ able fortliwith, or thcreafter, at the option ot said~ MORTGAGEE, as f~tly and comptetely es if all of Ihe said tums o( money wera origin-Uy slipuleted ~ to bs paid on tvch day, anythtng tn sa;d piamitsory note or in ihis Mor~gage to the contrary notwi~hstanding; and ihercupon or thereafter at ~he op~ion of ; ta}d MORTGAGEE, witho~t nolice or demand, svit at law or in eqvity, therofora or thereatter beg~n, may ba prosec~ted as if all moneys secured hereby ! • had matvred pria to i1t insti~ution. ' ~ 7. That in tfie event that at the beginntng of or at any tima pending any suil upon ~hif Mortgage, or to toreclote i1, or to roform it, or to enforc~ ~ paymenl of any tlaim~ hereunder, said MORTGAGEE shall apply to the Courl having jurisdiction Ihereof for the appointment of a Receiver, •uth Covri ~hall : falhwlth appoinl a receiver of ~aid mortgaged properiy a{I end sin~vler, includ~ng all and singular Ihe income, pro(its, lssues and revenues l~om whafavet ~ ~ wurce derivcd, each and evety of whith, it being expre~sly understood, is hereby mor~gaged as if ipecilically tel {o~lh and destribed in the granting and } habendvm clautes hereof; and s~ch Receiver ihall hava atl the broad and efTectivo funcrions and powers (n anywise enlrutted by a Court lo a Receiver, end ; •uch appotntment •hall be made by such Cour~ a• an admitted equi~y and a mat~er oF absolvte iight to said MORTGAGEE, and wiihoul reierence to tha ~ ' •dequacy or inadeq~acy oi the value of ~he property mortgaged or to the solvency or insolvency of •aid MORTGAGOR or the defendanls, and that iuch ~i ~ ren~~, p~ofits. Incoma, issues and revenues shalf br applied by such Receiver accordi~tig ~o the lien or equity of satd MORTGAGEE and the pracfica of ivch t ! Court. ~ y 8. To dvly, promptly and fully perfarm, discharge, execute, effect, complete, comply with and abide by each and every the slipulalions, egreemertts, ~ conditiont and covenents in :aid prernissory note and thi~ mortgage se~ forlh. ~ 9. That tn Iha ever.t the o:vnership of the mortgaged premises, or any pnr! the~eof, become~ vested in a perion olher thsn the MOitTGAGOR, 1M ~ : MORTGAGEE, its ~uccessors and assigns, may, without notice to the tVIORTGAOR, dea! wi~h sutF? sutcessor or iutcessor in interest with rtference to thi~ mortgage and the debt hereby secured in the same manrtNr as with lhortgagor withoul in eny way vitiating a discharging Ihe Morlgagors' liabili:y her~- ~ ~nder or opon the debt hereby secvred. No sale of the premises hereby mortgaged and no forbearar.te on the part of the MORIGAGEE or ita ~ucce~sori ~ t or as;igns and no exttnsion of !he time for the payment oF the debt hcreby secured given by the MORTGAGEE or its tuttestori o~ astigns, ~hall opetat~ f a lo releaie, discharge, modify change or a(fect the original liability oi the MORTGAGOR herein, either in wfiote or In parl. ~ i 10. It ts specifica~ly agreed that time is of the essence of this contract and thal no waivet of eny obligation hereunder or of the obttgatfon se~ ~ ; eured hereby shalf at any fime thereaflet be hetd to ba a weiver of the terms hercoi a of tFe Instrument setured herby. . ~ ~ 1 t. In addition ta the fo~ego:ng monthly payrnents of print'pal and interest reqvired by the promissory note secured hereby, mortgagot tovenantt ~ ! snd agrees fo pay to morlgagee with each monthly payrnenl an addiiional svm estimated by mortgagee to ba eq~al to i/12 of the annual cost of the follow- ~ ~ A-All real prope~ty taxei levied or asse:sed againsf the abova described real eslate. i B-Premiums on (ire and windstorm insu~ance as herein req~~red t4 be carried on the improvementt •itun/e on the abovo desvibed premitss. C-Premiums on such mo~tflage guaranty insurance as mortgagee shall from t~me to time deem fit fo carry on the loan tecvred heteby. ; ~ Mortgagre ~hal1 from time to tima noti(y mortgagor in writirtg of the amount due and payebla hereundcr and wth sum shall thereupon be due and ~ , payable on the due date of ihe next monthty payment and each svccessiva month thereafter vnti! mo~tgagea ~hall notify mortgagor of a changs In.~uch ~ amount, Suth sums shall be applied by mortgagee toward the payment of real property faxes, ins~rante prem;vms, and mwtgaga gvaranfy iniutance ~ ! promiume. . ' ~ ~ `~NITNESS W OF, the said MORTGAGOR has here~nto :et hii hend and seal the day e y ar fi sforesaid. • igned, al and eli er in Phe ,presenca of: ~ <; . ~ - ~ry . ~ 'i ~ • - eh , ~ ; :~.n y (Sesl) ~ ' SiAT~ OF fLORIDA ~ 1 ( ~ ~ counm oF St . Luc ie ~ • ' ~ ' Carl R. Ashton @efwe ma penonally appeared a~ ' s Mar Jo Ashton y his wifo, to ma wetl known and known To rt+s to b~ f the individvals desuibed tn and who exrcuted the lwegoing Instrument, and aciv~owfedged befate me that ~hay executcd Ihe tam~ for the purposet ~ `i there)n expressed. And fha aai~ Mary ~TO A hton ~ wila of ths •~,d Carl R. Ashton ~ - ~ ~ vpon a separat• and privatt ~ : i examination by me taken separate and apart from her said husband, ecknowledged to and befors me that fhe exec~ted :aid instrument freely and volun~ t+rily a~d witFwut arsy comp~tston, constraint, apprehens' n, or f ar of or from her ~ald husbarrd. ~ I WITNE55 my hand end offiua} seal this day of `~e ember q, D, 19.~~ 3 ~ ~ E =i ~ ' S ; • tvu?.~r Pvblts !n •r.d for rM~9~~`~i}~ c pl • ' My Comm(ulon expTres~ i'•. ~ ''t Rewrn Ta. ~"Z~'fiS" : ~ ~ i fint Fedord S~vtn9: ~ Loan AssocieYron ~ ~ ~ • ; of For~ Pierce. Notary Pubtk, State of FloriS~.tar~p'?~ d . , .j - Fort Piarce, Florida n My COM(T1i5Si0f1 Exp?lBS Ap~~ ~~`)6~'. ~ :I F~~E~ fi~U C~.at:Y.•?•+ . l ~~l+nrn~~junded by Amencan Surety : , O,1°:: ~ ' ~ : _ M~_.._Q¢ficla l?L'll!' U : ~ : I« d'- ~ ~p : ~rd ~,{~i s'•• ..i ' OV~~ ~``i~ , , , l9S4 DEC 31 p~ 3; ~ '''~~~o,~,,.~4,.•• ~ ' . ~ . ; S ~ . o~ + SR~GER PGl71ZkS. Ct;.;?,~ ~ i > r IUCIE COUNIY , ~ fi.~..,. , ftORIUA ~j i t ~ ~ t ~~j ` ~ ~ , ~ [ ? 1 ~ ~ ~ ~ 0. R.' ~ ~ ~ : t ~'~'~`=t a~~; x 107 r , . - - ; ~ i,~•......... ~ A{ [ 5O2 /''~T, A~ ~ I • I~ ~ < < f r>~I . ~ ; .