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Home My WebLink About0413 - - - - - ' i _ ~ _ ! ~ . ~ 3. To place and continucusly keep on the buildirtqs now or hereafter zit~ate an satJ iand and on all equipmont e~d personal3y covered by Ihi~ rnaly age. w~~h all pren~i~ms ihercon pa~d in full, lire i~wrancr in iha usual ttandc~d poticy to~m, i~ a s:~~n apprAVed by the MORTGAGEE, and wlndslorm tnsurance tn tha utuat eiandar~i ~l:cy form, i~ a sum approved by the MORTGA3EE, in wch tomp~~y or tomps~iies ss the MORTGAGE~ may dirtdt and all f(rs e~xl winJsto~m I~uura~ce poikies on any of ~aid bviid~ngs, any interesi thr:ei~ or parl thereof, in the aQgrcyete wm a(orosaid or in excess Ihereot, ~haU contain tha u:ual standard morrgagee cleuso or wch o~hor clause as ~~e Mortgagee mey require, making 1he I~ss under ~t~id peli=- t~,,. cies, each an~! overy, paya6`.~ lo said h10RTGA~EE as its (nlefesl may appear, a~d each and every •uch policy shaSi be promptly ass:gned and delivered to + any hetci by said h10RiGAGEE as fvrther sec~rity ta snid mongage debt, and, not Irss ~han tr~ (101 days in advance of Ihe oxpiralio~ of each policy, to dr Ilvsr to taid AIORiGAGEE a rrnetval thereof, togeth~r wi~h a rech~pt for Ihe premivm oi such ~anev~al; a~d Ihere thall be no fire w windsrorm ins~r~nce ~ plated on eny of said b~lldings, any interest therein or pa: t tharaof, unless in Ihe fiorm t+nd with the loss payabla as a(oreseid; and in Ihe eve~l any sum ~ of m.oney btcomes pay~bie uncie~ such policy or policies said MORiGAGEE shall hava thn option 1o receive end epply the same oo account o( the indeh.ted• nes~ secured h.~eby or to ptrmit saiJ lAORiGAuURS ro ret-:ivo and use it or any part thereof for oil~er purposrs, vr+thout th3rcb/ waiving o~ impair• ~ I~g any equity, lie~ or rigM ~nder or by virlue of thi~ mortgege; tnd In the evcnt safd MORTGAGORS shall tor any reason fail fo kerp the taid premises ao f f-<,•, { tnivred, or fail to deliver promptly an~ ot said policigs of insuran:4 to •aiJ MORIGAGEE, o~ fail prompNy to pay fvlly en~ premivm therefor or In any ~ fEtpett "fail to perForm, d~scharge, ezecuta, etfe<i, tompiete, comply wiih and abido by this tovenant, or any parl hareo(, satd MORiGAGCE may p!aco and ` pay for wch insuron~e o~ any part thercof witho..t walving or af(ectin4 any option, lien, equiti. or rtght u~der or by virtua of this MoNgage, rnd ihe fv!I amovni of ebch and evary s~ch payment shali be immadiataly dua and payabta cod shall bear ir.terest irom tho date thcreof u~til paid al tha rate o! , nlne per centum per annum ard to~ethrr ~viih such interes! shall be secured by the lien ot this mortgage. = - ' 4. To permit, commit or sufte~ no waste, Jmp~irmcnf or deteriornlion o{ said property or any part thereof. 5. To pay al! and singular Ihe costs, charges and exprnses, including a reasvnabte a~torney i fee and cosls oi abstra:t• o(_ tifla, incurred or paid at . any, tima by sjid MORTCf~~GfE, becauae or in rnP event of tha f~ilure an the part oi ihs se~sl MORTGAGOR to duty, promptly snd fully pertorm, discharge, i exetvte, ef(ect, cc~mplete,,comply w~th ard ab:de by each and every the stipula~;ons, ag;ern,enfs, conditiont, and cover.ant= vi re~d promissory notG and ~his ~ , mortgaga aey or eifhEr, nnd sa;d costs, cnerges and exper.szs, each arid every, shal! be immediately d~e and payable; whether or not there be notice dr mer.d, alttmFl to tolled or sui? pending; and the fulf amount af each anJ evcry such payment shall 6ear inte~eet iram the daia ther4ol un1i~ peid at tha rate of nine per ct.~:um per annum; and all ~aid costs, thar9es ar,d exptnses incurted or paid, togelher with such interost, shall be secured by the lien of this mortgage. • _ _ _ - - . b. That (e) in ths event of a~y breach of thi~ Mo~lgaga or default on tl~e parl of t;,e MORTGAGOR, o~ (b) in 1he evenl any of said sun.s ot money herain refrrrrd to t» vof p~a»ptty and fulty paed ~vith}n thirty (3~) days next sfter the same severally become dve aniJ payable, withau! demand Or nolice, i or (c) in the evrnt each and every the itipulations, agreements, conditions and covenants oI sa:d promissc.y ~ote and ~h7s mortpage any or aither are nof ~uly, promptly and fully performed, d~scharged, exec~ted, effected, campteied, com?lied with and abided by, then in e~ther or any ~uch event-Ihe said ag- yregata sum menlioned in said promissory note thzn remaining vnpaid, with interest accrued, and at{ moneys sec~red hereby, shall become due and pay - able forthtivith, o? thereafter, at thc optiori of said MORTGAGEE, as fully and completety as ii all of Ihe .said svms of money were o~iginally stipulattd ~ ' to br paid on, such day, anythirtg in sa:d promissory• ~o!e "cr in this Mortgage to the contrary notwi~hstanding; and thereupon ot thereafte~ at Iha aption of a said AICRTGAGEE, withovt notice or demand, suit at lavl or in ~quity, therefrne or thereafter begun, may be prosecuted as if all mqneyt secured• heteby ~ ~ _ had mat~red prior lo its institu?ion. _ - 7. That in the event Ihaf at th: beginning of or at any time pendir.g any suil vpon this hlortgage, or 1o foretlofe if, or to reform it, or fo enforce ~ payme~T of any daims hereunder, said MORTGAGEE sha11 appiy to the Cov~t having jurisdieticn thereof fo? fhe appoi~tment of a Receiver, tuch Co~rt shall i _ ior~hwilh appoint a receiver of said mortgaged property all arr~ sirtgular, includ~ng a:1 and singular tha ~rcome, proiifs, tuuci artd re~ea~es lrom whatever source derivrd, each and every of which, it being expressly undersrood, is hereby mortgaged as if speeifecelly set foath and desuibed tn the granting and habendum claus~s hereof, and svch Receiver shall fiave atl the broad and eEfective (uncl~ons and powert"in artywise eMr~sted by.a Cou~! te a Receiver, and s~ch appointment shall be made hy wch Courl as an admitted equity and a matter of aExotu~e right to said MORIGAGEE, and without reference to the edequacy or inadeqvacy of the value of the_properly mortgaged ar fo the sotrency or insolvency of aaid MORTGAGOR arr the defendanls, and Iha! such . - rents, profitf, income, issuea and revenues shaf! be applied hy such Receiver accordir,g to ~fie lien or equity af said 1KORTGAGfE and the prectite of such Court. - . . _ - - - - ~ 8. To duly, promp~ty and fully periorm, d~scSarge, exec~te, efiect, cor.~plete, ~omply with and abide by each and e~ery Ihe stipulations, agreementi, i - tonditio~s and covenants in sa~d promissory note and -this mortgags set forth, ~ ' 9. That in th_ event the ownenhip of the mortgaged prer.iises,-or a~y pari tnereof, _uecomes vested in a per:on other thnn MORTGAGOR, the MOR'.C•AG~E, Ns successors and asaigns, may, withaul notice to the MORTGAOR, deat with sucF~ successor or svtcessor in interesl with reference to fhi~ ~ ~ mortgage and the debt hereby secured in the same manner ss wlth hlortgagw witS~au1 in any way vifiating or diFtharging the Mortgago~i _ liabi!ity Aerr - - under or upon Ihe debt he!cby secured. -No sale of, the prem~ser hereliy mortgaged and no forbearance on the part of the lJIORYGAGEE or iis s~tcessws ~ or assigns and no extension of the tima for the payment of the debt he~eby secvred given by the MURTGAGEE or its succes:ors or ~ssigni, shall operafe _ to release, d~schsrge, modify chLnge oraffect the o:iginal liabitity of ~he h10RTGAGOR herein, eithar in whola ar in part. _ . 10. It is sFeufically agreed that time is of the essence of this c~ntract.and that no waiver of any o~ligation hereundFr or of the obligeYwn se- ~ cured I~ereby shall at any time thereatter be held to be a ~vaiver of thg terms hereof or of the instrument stcure~ herby. - - - - 11. In additio~ to the forego:ng month!y payments of prin.'oal and interest required by the promissory note sttvred hereby, mottgagor tovenants , and agrees to pay to mortgagee with eacfi monthly payment an addi~ional svm estimated by morigagee to he eq~zl to.l~l2 of the annua! tost of.fhe foUow- ~~9: . . . 'i ~ A-A!1 real property taxes lev~ed or assessed agains~ the above desc*ibed real estate. ' ' " ` - S-Premiums o:? fire end windsto~er: insurar.ce as herein iequ:red to be carr'ed on the improveme~ts situate on the above desvibed premises. ! - . C-Premiums on au:h mostg~e guaranty ir.suraoce as morigagee shatl %rom time to time deem iit lo tairy On the loari ~secuttd hereby. ' - ~ M~rt a ~e sha!{ from time to time nofif mor: or in writin of the amount due and a able hereunder and such sum shal) theteu r. be due and ' 9 9" Y 9a9 9 P Y P~ payabte on the due date of the next monthly p?yment and each successive month lhrreafter ur,til mc:tgagee shall notify inortgagor of a change~in wch ~ amaurt. Such sums sF=atl be applied by mortgagee ton-ard thz payment of real prvperty taxes, insv e prem:oms, and mortgage guaranty insironce premiums. _ - - " - ' - ' ~ - IN \YITNESS WHEREOF, the said ~VIORTGkGOR has hereunto set his hand and seal the +d+~y a ear first af sai . ~ _ . ' Signed, Sealed and delivered i+~ the ~xesence of:- - - - ~ ~ - fM.EO~~ ~;~i1NTT ~ . . / _ ~ . - _ ~t~CER PD1~RJ1S r~,q - ~ - _ ~.lE~ C~~CUR COURT Sea~) _ - . iiECORD VER~f1E~ (Seap ~ - STATE OF FLORIDA - - ~ 1 ~1 O~ - 3~~ . r~ ~ St . Lucie ~ - ~N ~ COUNTY OF _ ' ' $efore me personally appeared 1~onald_ H. DeMeules ~ 3 single aC~Ua.t ' ~ i ' to me wel! known and known me to ba : the individual_ described 'en arid who executzd ?he! faregoing instrum~nt, and acknowtedged beforo me that he executed the sartse for the purposes f . lherein exaressed. I~ED~0isi3L . - , _ i - - - .+sa+rra _ i ~ ~ ' ' . . . _ ' . - ~ ~ ' . - . ~ - - ~ ' _ WIT(~cSS my han~ and offic7al sea! thi: 3OLh _ day_o - - ~ A. D. 19 ~ i~ • _ r~f ~ . _ - _ - - _ - Notary Publit in and for the State loride r~e - : _ ~ ' . My Commissipn expirzs: - ~ ' - _ - Retum To: - ~`~Lr ~ 7 ' 7 ~ • ~ Pirst Federal Savir:gs b ioan Association - - . Gf fort ~ierce_ - - . ~ - • - . € ~ ' Fort Pierce, fic•rida ~.;i.:::t++:.~'_ _ i . ~ _ ~ ~ . ~ ~ ~ - _ - _ +~it..t~•_~.~ i." - ~ . - - - . _ ! . - . " - . ~ _ - . . . . - `~'~+.~l~i ~j-,~~o, ~ ~ a: _ Y~, ' c~ ` - Th~s Instrument Prepared SyJohn W. Col~ins _ - ;;~;vi ~ ' ~ . : . . ~ First Federal Savings ~ laan Association _ _ _ _ ~s.~'~•': -%,.E~:'"~~ _ . ~ of Fort Pierce ~ . ; ~ ~ `S , ~ - ~ Florid~ ~ . r : - ~ R~~~4Q ~f : ~ r.~ _ ~ Checked By 600K P ~~t~ _ ` ' ~ ~',:;%r-, ' ~i1. `-3~ _ ' F: .e'-~~ ~ t,` _ ,?,~jj~;~.,~~~+'r•~,~ ~ _ f'.,' O~ ;;;.siF~~~~l _ ~ `'~i~\y ~ ~ ~ - ~'//l(~! ~O/1it~t~ ~i ~t~` ~ . j ; ~t/lIIiH1t?~~~t` _ ' _ ~y-~ ~ , * ~ ~ ~ * ~