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Home My WebLink About1136 And said Mc~igagors, for themselves and tha~~ heirs, legal representative~, successorY end assigns, hereby jointly and sevtrally covenent and agree to and wiih the sa:d r',ORiGAGEf. i~s succeasors an:1 ass~gns: 1. To pay all and s~r.gu~ar ~he pr~r.cipal and interest and ihe various and sundry sums oi money payable by vrtue of said promisfory notr, and ihit mortgage, eath and every, piomptly on the da~n respeUrvefy the same severally become due. 2. 7o pay nll and ~~ngular the taxes, dS1ESSnienl1, lev~es, Iia6ii~f~es, obtigations and encumbrances of every nature and kind now on ~eid deuribrd propeily, or ~hat herea(~er n,ay be impoted, suf(errd, p!aced, levied, or astessed thereon, or thal herealter may be lev~ed or asse~~ed upon ~hi~ Mortfl- age, or the indebtedness secured hereby, each and every, when due and payable, actording to law, befere they be[omt delinquent, and befora any inierell atttches or any penalty is in<ur~..•d; AN~ INSOFAR AS ANY 111ERCOF IS OF RECORD iNE SAhSE 5~1A1L BE PROh1PTLY SATISFIED AYD DISC~IARGED Of RECORD AND ifiE ORIGItvAI OFFICIAI DC~CUAIENT ISUCH AS, F~R INSTANCE, THE TAX RECEIPT OR TNE SATISFACiION 1'APER OfFICIAIIY ENDORSED OR CERTIfIEp) SNAIL BE PIACED It~ iF1E HANDS Of SAID MORTGAGEf YYITNIN TEN DAYS t~lEXT AFTER PAYh1ENT, and in the event tha? any thereof is noi pa~d, sat;~fied and d~scharqed s~ d~ti10RTGAGEE may at any t~n,e pay the same or any parl the~eof wi~hout waiving or aHeUing any option, lien, equity or .iqht ur.der or 6y v~rrue of th~s mor~gage and the full amoum of cath and every suth payment ehall be immed~ately due and paya5le and shall bear intereit .~rom the date thrreof until pa:d a~ rate of eigM per cenr~m per annum and toge~her w~~h wch imerest shall 6e secured by Ihe lien of th's morgtage. 3. To place and cont~nuou~ly keep on the buildings now or hereafter •ituete on said lend end on all cquipment and perionelly covered by thit mortQ- sge, with •II premium~ therron paid in full, fire insurance in the utual standard policy form, in a sum approved by Ihe MORTGAGEE, end windstorm Intur~nce 1n tha ~~val standard pol~ty (orm, in a~um spprovcd 6y the MORTGAGEE, in tuch company or compenies ef Ihe A10RTGAGEE may direct; •nd a?I fire and winditorm insuronce policiea on any oi •aid buildings, eny interest therei~ vr part thereof, in th3 aggreyate ~um aforesaid or in ex<et~ thereof, ~hall conlain the u~ual ~t~nderd mortgagee dause or such other clau~e a~ the Morlgegee may req~iro, making the los~ under ~aid poli- cies, each and eve~y, payable to ~aid MORTGAGEE as its intere~t may appcar, and each and every such policy shall be promp!Iy ais.gned end delivered to eny held by ~aid MORTGAGEE as Further srcvrity to sa7d m~r~gage debt, and, not less than ten (10) deya in ad~ance of tiie expiration of each policy, fo da liver to ~eid h10RTvAGEE a renewal thereof, togeiher wi~h a receipt for the premium oi wch renewal; and there fhall be no fre or windstorm insurance pleced on any of iaid buildir.gs, any interest therein or part thereof, unles~ in the form and wlth the lois payable as aforesaid; and in the event any tum of money become~ peyable under such policy or policies ~aid h10RTGAGEE shall have the opt~on to receive and apply the same on account pf the indtbted- nesf secured hereby or to permit sald MORTGAGORS to receive and ute it or any pa~t thereof for oiher purposes, tivithout Ih>reby wa~ving or impair- Irtp any equity, lien or right under or by virtue of this morrgage; and in the event ~aid MORTGAGORS sha~l for any reason fail to keep the ~aid premises so (nsuted, or lail to deliver promptly any of eaid pol~tias of insurrnte to ~aid h10RTGAGEE, or fail promptly to pay fully any premium fhetefor or in eny reipect fail to psrform, discharge, execute, efFed, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may p~ace and pay for tuch fnsurance or any part thereof w~thout waiving or affecting any opfion, lien, equity, or ~ight under or by virtue af ihis hlortgaga, •nd the full emount of each end every such peyment shall be immediately dut and payable and shall brar interest from rhe date thereof un1i1 paid at the rata o1 nine per centurn per annum and rogether with such inreresr shall be secured by the lien of this mortgage. ~'v ~,e~~~~~~, co ~~~i -v~ ~~~~e. ~~-v rYai~e, ~~~~Nair ~e~~i vr d'cicrora~~on oi 3aia prcperiy or ariy pari iitiereui. 5. To pay all end tingu!ar ihe cosls, charge~ and expenses, including a reasonable attorney't fee and costs of abstracts of tille, incurred or paid a1 ~ny time by said MORTGAGEE, because or in tha event of the feilure on the Hart of the said MORTGAGOR fo duly, promptly and fully parform, diicharga, •xetufe, effect, tomplete, comply with and abide by each and every the stipulation~, agre~ments, conditions, and covenants of ~aid promissory note and thi~ {ngHaaoa any nr si~har; an~ }a~d coitt, char~ct an~ a:nensps, Parh wn`I nvnry. ahall be immediat~lv due and oaya6le: wheth[r Or not Ihere 6e nofice dt mand, attempt to collect or tuit pending; and the full amount of each and every such payment shcll bear interest from the date thereof ~ntil paid at the rate of nine per centum per annum; and all said costs, charqei and expenses inturred or paid, together with such interest, shall be fetured by the lien oi this mortgaga b. That (a) in the event ef any brea:h o( this Mortgage or default on the part oF the MORTGAGOR, or (b) in the event any of •aid fumi af money herain referred to be not promptly and fully paid w~thin thirty (30) days next after 1he same sevrrally become due and payable, without demand or notice, or (c) In Iha event each end every the stipulations, agreementi, condition~ and covenants of eaid promissory note and th~i mortgage any or either are not ~uly, promptly and fully performed, d~scharged, executed, ef(ected, completed, compl~ed with and abided by, then in either or any such tvent the seid ag~ Qrrgate ~vm menlioned in taid promissory note ?he~ remaining ~npeid, with interesl actrued, and all meneys secured hereby, shall betome due and pay~ ahls forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely es if all of the said ;um~ of money were origir.ally Nipulaled to be paid on such day, anything in sa~d promissory note or in this hlortgage to the contrary notwithstanding; and the~eupon or thercafter at the aption of teid MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if a!I moneys ~ecured hereby Fud matortd prior to its institution 7. 7hat in the event that at the beginning of or at any time pending any svit upon this hlorfgage, or to foreclose if, or to reform it, or to enforts psyment of any claims hereunder, said MORTGAGEE sha~l apply to the Cour1 having jurisdiction Ihereof for the appointment of e Receiver, such Court shsll forthwith appoint e receiver of said mortgaged property ail and singular, includ~ng all and singular the income, profits, isiues and revenue~ from whatever source derived, each ertd every of wh~ch, it being expressly undersrood, is F,ereby mortgaged at if speuficalty set forth and described in tha greniin9 end habendum clauses hereof, and such Receiver shall have ell the broad and effective functions and powers in anywise entrusted by e Court to e Receiver, and tuch appointment shall be made by such Court as en admitted equity and a matter of absolu'e r~ght to said MORTGAGEE, and withovt referenco to the edequacy or inadeq~acy oF the val~e of the property mortaaged or to th- solvency or insol~~ency of said MORTGAGOR or the defendants, and that ~uch rent~, profife, income, issuet and revenues shall be applied by such Receivar actording to the lien or equity of said MORTGAGEE and the praclite of tuch Court. 8. To duly, promptly and f~lly perform, discharge, execute, effed, complete, comply with and abide by each and every the stipuletion~, agreementi, eondition• sn~ covenants ~n •aid promissory note end ~h;s morr9age ~et forth. 9. Thst in the event the ownership of the mortgaged premises, or eny psrt fhereof, becomes vested in a person other fhen the MORTGAGOR, the MORTGAGEE, it~ tuccessors and assigns, may, without notice to the MORTGAOR, deal with svch successor or ~uccessor in interesl with reference fo thi• martyafle and the debl hereby secured in the samx manner at with hlortgagor without in any way vitiating or~d~stharging the Mortgagors' liabil.:y here- under a upon the debt hereby secured. No sale oi 1he premises hereby mortgaged and no (orbeara~ce on the part of the MORTGAGEE ot ita ~utcesforo or ~ui9nt and no extension of the time for the peyment of the debt hereby secured g~ven by the MORTGAGEE or it~ succesiort or assigns, ihall ope~at• fo ~ekase, diuherge, modify change or affect the originat liebility of the MORTGAGOR herein, either in whole or fn part. 10. It te specifically agreed shat time is of the essence of this controq and that no waiver of any obligation hrreunder or of the oblig~tion te- _ cvred hereby sh~ll at any time thereafter be held to be a waiver of ihe terms hereof or of fhe instrument secured herby. 11. In addition to the fortgo~ng monthly payments of princ pal and interest required by th~ prom~ssory note secured hereby, mortgagor covenanl~ and ayree~ to pay to mortgagee with each monthly payment ~n edditionil sum estimated by mort~~gee to be equal to 1/12 of the ann~al cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiumt on fire and windstorm insurance as herein required to be carried on the improvements situa?e on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagae shall from time to time deem fit to carry on the loan sec~red hereby. Mortgegee shall from time to time notify mortgagar in writi~g of the amount due and payab!e hereunder and such s~m shaU thereupon be due snd pay~ble on the dua date of the next monthly payment and ench successive month thereafter until mortgagee ihall notify mortgagor of a chenge in auch smovnt. Such tum• ~hatl be spplied by mortgagee toward the payment of real property taxei, insuranco prem~ums, and mortgage guareny insvrancs premiums. IN WITNESS WHEREOF, the said MORTGAGOR haa ~}{.u~q)se~4iy~and and teal the day and year first afore~aid. Si9nad, Ssal and deli ed the pr e of: ;,5`',-z r~t - ~*~£l~_ RE~~RA ED ~ ~ , ~ ~ _.-.~1/_ ~,,~~--'~OK~_ ~ rc.aq tn ~ - ~ °s v.4f~ Z' • , ~Seal) P~~ 3 ' ' ~ (Sealj ~ < < ; S T - ~ ; _ STATE Of FLORIDA ~ ~ w, ~ ' _ " ' : c~urrnroF St. Lucie R~~'~ ~~~~+~r2,~;, = • ~ btfors ms pereanelly ~ppearcd T~ lU~~~ C~ER ~ • ws:`T `","e`';,r hi~ wifs, to me vrelf_~Crsown'and knawn fo mv fo~ ba.-. tM ,ff~ir~!(u1r1r'~ds~frl~be,~',!n and who executed the fareQoinfl instrvment, and etknowledped before me that thoy ~xecJt`d'~tFi` ivne fo~ thi'Rdrpaat~ . • Glad s V Burket tM+~~~tssed:''Ar~t~s;asid 31 i: . ~+r.~o~ r "~taf~ = Floyd W. Flurket ,~o~~:,.~.,.~e a`~.~.h - ~xi~i'iinati~ri by m~, t~keri sepeq~ete and apert from her oaid hutband, acknowlydpcd fo ~nd bnfore me that she txec~led ~aid I~utrumtnt fiN1y rnd volur~ i~r~y; sn~! w thov~',~~1jr compuf~'ion, mnstraint, apprrhension, ot fear of or from her uid husband. z ~IT~lESS my.hsild; ri~ effici~l teal thi. 218 t day o A. 19_~ Y ~ ~ .°L~ = ~ ~ ~ ~ ~ ' - • ~ • • • ~ Notsry P~blic in •nd f e St~to of Florid• at Larq~ ~ 1.~ My Commission •xpir i: •,~,~,:.:Re1Lm To: ;lolaty PuS!s.. St~te oi ~ICri~a at 1~:9e Citii~m FedQra) Savings a loan Associ~lion ~'~y (Or1t11tSSi0n f-"r•''~~ l~~y Of ST. ~YCI• COY~IY ~i ~ ~ Ecr~ed 9/ i~-c:~:a', r.:± a."'a'ty Co. ft. Pierce, Flwida ~OOK ~ . 'e ~