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Home My WebLink About0358 ~ ~ ~ i ~ And •eid Morrgagors, !ar lhamselves ar.d their heirs, Irgal rrpresentative~, succeiior~ and estiignti, hsreby jointly and teverolly coven~nl •nd aqrse ro and with the said MORTGAGEE, its successors and ass~gns: 1. To pay ali and singu~ar the p~incipal and imereet and the variout and sundry sum~ oi money payable by vi~lue of ~aid promi~io~y note, tnd fhif mortgage, each and every, promptly on the day: respecNvely the same ieve~ally brtome dua 2. To pay all and tingula+ the taxes, a~seismenrs, levies, liabi)ities, obligations and encumbr~nces of evaty nature and kind ~ow on ~aid defcribed property, or Ihai hereaNer rr,ay be imposed, suffered, plascd, levied, or assested thereon, or that hereatter may be levied or a~seised vpon th(• MOr19- age, or Ihe Indebtedness secured hereby, each and every, w~hen due and payabie, according to lew, btfore thty become delinq~enl, •nd before ~ny inltreil . attaches or any penal~y is intu~~ed; AND INSOfAR AS AIVY THEREOF IS Of RECORD THE SAME SHAII BE PROMPTIY SATISfIED AND OISCHARGED OF RECORD AND THE ORIGINA~ OFfiCIAI DOCUh1ENT (SU~N AS, fOR INSIANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFiCIAItY fIVDOR$ED OR CERTIFIEO} SNALL BE P[ACED iN TIfE Nt1ND5 OF SAID MORIGAGEE WITNIN tEN DAYS NFXT AFTER PAYMENT, and in the evenl that any ihereof it not paid, sat~sfied and discharged sa d h10RiGAGEE may a~ any t~me pay the eame or any parl thereof withoul waiving or a(fecting any optio+L lien, equity or riqhl ~r.der or by virtue of this mortgage and the full amount of ea:h and every such paymeM shail bc immtdiately due and payable and shall bra~ inte?ei1 ~rom the date thereoF unt'r! p3id at iate of eight per cent~m per annum and rogether w+~h such interest ~hall be secured by the lien of th:f morgtage. ~ 3. To plic~ and contlnuou~ly k~~p on 1he bu3idirv-f now or her~aftsr ~ituefa on seid Isnd and on all equipmenf and perion~lly covered by ihi~ mortp- ~ p~, wlth ~II prtmium~ thareo~ paid in full, fire in~ura~ce in the vwal ~randard poiicy torm, in e s~m approved by the MORTGAGEE, and wtnd~torm { Inturents in th~ usuaf ~tandard pol~cy fo~m, in e~~m •ppraved by the A10RTGAGEE, in such company or eompenie~ aa tha A\ORTGAGEE may ~ ! dired; and all firo and wind~torm tnsurance polides on eny of •aid lwild~ngi, •ny Infereoi Iheroin or pan thereof, in the aggrey~ts wm afore~eid or a In excau thareof, thall conteln the v~ual tt~ndard mortgeget tleuse or tuch other tleuie a~ Ihe Mortg~yee may ~aquirs, mtkinfl rhe lotl undar ~aid polh ~ cta, estA tnct every, payable to iaid MORTGAGFE es its interett may eppear, and each and every such poticy ?hall be promptly as~.gned end delivered to •ny held by teid MORTGAGEE as (urlher tecurity to said mor~gage debt, end, not le~s than ten (10) day~ in advance of li,e expir~tion of each policy, to ds- ~ liver fo ~eid MORIGAGEE a renewal thereot, toflether with a receipt for the premium of iuc!~ rene~val; and there thnll be no (ire or windstorm in~~rerxe ! placsd on rr.y of ~afd buildingi, any intereYt therei~ or part thereof, unleu in the form and wiih the Ioss payable as afores~id; end in the e~enl ~ny wm 01 money becomes peyable under such policy or policies •eid h10RTGAGEE ~hall have the option to receive and appty the :e~ne on account pf the indabted• nast ttcurad hereby or to permit ~aid MORIGAGORS to ~eceive and uie It or any part thereof for o~her purposes, w~thout thereby Kaiving or impeir• Infl any equity, lien or ~ight under or by virtue of this mortgaga; and in the evenl ~aid MORTGAGOR5 sl~all for any reason fail to keep the said premise• so int~red, or fail to deliver promptly any of said policiei of tnsurance to taid MORTGAGfE, pr fail promptly to pay fully any premium the-afor or in any raprct fail to parform, discherge, execute, effect, complete, comply with and abide by thit covenant, or any part hereof, ~aid h50RTGAGEE may plate and pay fOr tuch Insurance or any part thereof without waiving or affetting any oplion, lien, equity, or right ~nder or by virtue of this hlortgsgo, •nd ths full emovnt of aach and uvtry tuch peyment shal! be immediately due and payable and shall btar intereit from the date thereof until paid al the rate o1 nino per centum per annum and together with su:h interest shall be secured by the lien of this mortgege. 4. To pcrmit, commit er s~ffer no waite, lmpairment or deterioretion of aeid property or any part thereof. 5. 1o pay all and •ingular the co~t~, charge• and expenses, including a reasonable ettorney's fee and cosls of abstrads of titlr, inc~rred or paid at ony time by taid MORTGAGEE, beceuse or in the event of the feilure on the ~.art af iha said MORTGAGOR to duly, promptly and fully perfaim, discharp0. ~xecute, effect, comp~ete, comply w~th ar.d ab;de by each and every the ~tip~lations, agreement~, condition~, and covenants of ~aid promissory note and thi~ mortyage any o~ either, and iaid costs, cherges and expense~, each and every, shall be immediatety due and payable; ~ihether or not the~e be nottts do- ; mertd, attempt to coliect or •uit pending; and the :ull ame•int of each and every such pnymeni shall bear interest from the dare thereof until paid at the rate of nine per cemum per annum; and alf said costs, charpes and expenses incurred or paid, together with such interest, thall be secured by the lien of thi~ mortpaga. ; 6. Th~t (a) in the evenf of eny brtach of this Mortgage or defeult on the part of the MORTGAGOR, or (b) in the event any af seid t~mt of money ~ heretn referred to be not promptly and fully paid within thirty (30) dayi next alter the +ame severally ~come dve and payable, wilhout demand or notite, ' ot (cj in the eve~t each and every the itipulations, agreements, conditions and tovenents of ~a~d promissory note and tFl mortgage any or eifhar •re nM ~ ~uly, ptomptly and fully performed, d~xcharged, executed, effetted, tompleted, complied w~th and abid'ed by, then in eitner or any tuth evenl the ~eid ay~ preyate sum mentiontc In •eid promissory note then remaining unpaid, with interest eccrued, and all money~ iecured hereby, shall become due and pay- F ~6t• forthwifh, w thereaf~er, at the oprion of said MORTGAGEE, ai fvlly and completely es if all o! !he •aid svm~ of money were originally ttipul~ted F to be paid on iuch day, anyihing in se~d promissory nofe ar in this Morfgage to the contrary notwithstanding; and thereupon or thereafter et the option of ~ teid MORIGAGEE, withovt notice or demand, •vit at la~v or in equity, therefore or thereafter begun, may be prosecuted as if all rreoney~ tecured heraby ~ had matured prior to it~ in}iitulion. ~ 7. T,~at tn the event that at the be innin of or at an time ndin an suit v ~ 9~ 9 y P~ g y pon this Mortgage, er to foretlose it, or to reform It, or to enforce ~ psyment of any claimt hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereot for the appointmenl of a Receiver, such Coun shetl forthwith eppoiM a receiver of said mortgeged property all and iingular, tndud~ng all and ~ingule~ the income, profiu, issues end revenue~ from whatevsr ? w~rce derived, each and evtry of which, it being expres~ly understood, is hereby mertgaged as if speufical~y ~et forth and dettribed in the yranting snd ~ habendum c~a~ses hareof, and such Receiver ~hali have all the broad and effecrive functions and po~rvers in anywise entru~ted by a Cov~t fo a Receivc~, and ~ wch eppoinlment shall be made by svch Court as an edmitted equity end a matter of a6solule right to •sid MORTGAGEE, and without reference to ths ~dequacy or inadeqvacy of the value of the property mortgaged or to the iotvency or insolvency of •aid MORTGAGOR or the defendant~, and that tuch rent~, profits, income, itsuet and revenu~• shall be epptied by such Receiver ~c<ordirrg to the lien or equity of ~aid MORTGAGEE and ths pratlice of tuch Court. 8. To duly, promptly and f~lly perform, discharge, execute, effed, complete, comply with end abide by ench and every the slipulation~, aqreemersri, conditions and coveient• in •aid promissory note and thit mortgage set forth. 9. Th~t in the event the ownership of the mortgagad premises, or any part fhereof, becomet ve~ted in a perton ofher than tM MORTGAGOR, tha MORTGAGEE, ft~ tucceisors and assigns, may, withou? notice to the MORTGAOR, deal with such succefsor or tuccesior in interest with referenca to thi~ mwt~aps and the debt hereby secured in the same manner a• with Mortgagor without in any way vitiating or'd~schnrging the Mortgagon' liability hare- under or upon the debt hereby :ecured. No sale of the premises hereby morigaged and no forbearance on the part of the MORTGAGEE or its tucteisort or at~iynt and no extension of the time for the payment of the debt hereby sctured given by Ihe MORiGAGEE or it~ tuccessora or eiii8n~, ahall operat• F~ rola~e, disch~rge, modify chengs or affect the original fiability of the MORTGAGOR herein, either in who!e or In part. 10. (t tt tpecificafiy egreed that time i~ of the e~sence of this controct and thsl no waiver of any obligation herevnder or of tM obUy~tion s~• evrsd heraby shall at any time thereafter be held to be a waiver oF tht terms hereaf or of the instrvment tecured herby. I 1. In addition to the foregoing monthly payments of princ pal a~d interest requi~ed by the promissory note iecured hereby, mwtgegor covenenh and ~yrees to pay to martyagee wi~h ench manthly payment an edditional aum estimated by mortg~gee to be =quni to 1~i2 ofi the ennual cott of tha follow- ing: A-All rea! prope~ty laxei levied or assessed against the above described real estate. ` 's B-Premiums on fire end windstorm insuranco ai herein req~ired ta Fr_ carried on the improvements sit~~ate on the above described premiiea. } C-Premiums on such mortyage guaranty insurance as mortgagee ~hall from time to time deem fit to carry on the loan ~ecured hereby. ; Mortgagee shafl fram time to time ~otify mortgagor in writ~ng of the amoun~ dua and payable herevndrr snd svch ~um shall thereupon be dvs and paysble on the due dete of the next monthly payment and each succeisive month thereafter until mortgagee shall notify mortgagor of a chanye in such emovnt. Such sum• thsll be appliad by mortgagee taward tha payment of real property taxes, insurence premivmi, and martgays guar~nty insurence premtom~. ~e`'~~n F 1N WITNESS WHEREOF, the +aid MORTGAGOR hd~fi~ibnl~~~i~r~ ~~e day end 'ear first aforesaid. ~ 519 S~ 1*d •nd det v In the prosence ~ e --~'~iCf~ E 0 0 K . ~f_`-~ ~ '~~.f/z- ~ f t}~',~~ ' ' .n ~ 6s Jat~r y 1 I. z 7 .:-,,~;t;: " - ~ STATE OF ftOA1DA R ~ tr - ~ _ ~ ' j ' ' , ~ i- ,;•-.~,~.t CLGF~K ' . courmrof- ~t Lucie S~ ~UCIE CpU^JT ;:':.Y~~i"`~: _ # Eskt~ rta per~onally appeared F LO lAq~7~,te r• Yl~ . He 111 e r ~ ~ - . ; Li 11 an B. He 11 i~~ W; fe, to me wall known .~no~,;;,o ;n~ ro t~ ~ ~ ~ r 1~ s~?b~i In'snd wha exetuted the foreyoin9 Initr~ment, end acknowled9ed before ma that ti~ey •xearted th~.,, i+~+ j~ r~~Qe-,}~~~ t~ p~ i ~ ~ : ~ ~h.r~tct~.~pr«~.,~~. N~ ~i 1 1 i an R N~I li P Y ;`.,y ~ i ~ - ,~~g't};~ ~ Z.t 1 f P r• R ~-Tts 1 t j Q r , : , • ` . ~ ~ ~ ' ~P~'M. ~+1'Ntt.~~,R?~'i'~C=' 1i'utiaQ y~ 1ns ~f1cs+~ pp~rate +nd ape~t from her taid hu:bsnd, stknowledQed to and befors m~ that ~he exec~ted ssid instru_r~Kqj fiwj~~;~d•ve~er ~ arG#~I w~lfh~`u(fr~r~y'cQmpuljion, ~onureint, apprehe~~ion, w fear of or from her ~atd husband. - ; - , ~ WINIRS~rh'~i ~?ind~and;qffictal se~l this ~ ~h day Jan A. D. 19 ~6 # : . ~ -;u/`•,pU~~~G•:~' 3 ' ~ Notary Publlc In r th~ St~t• of Fbrida ~t L~r~ i` • ~ T . } ~ ~ `.~.+ti~ My Commtuion xpi ~ ~tR~ TO' i~otary Public, State o} Flori~a at Larr,e ~ Citi:~n~ f~d:nl Savinsi i to~n Assoii~lion fi~y Commission ExpirES 1~1erch 1, 1S~y ~ ~ Of S~. ~YCt~ ~OY711)I ecr.dad Er A~tr:un Firt 3 C+cva:+y Co. Ft. Pierce. Flotida ~I R~~~ h~^ ~ BOOK v