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Home My WebLink About0133 i ~ i ; L And teid Mortgagors, tor ihemielves and thei~ heirs, legal represeMa?iva, succeuors and as~igm, hereby jointly and ieverelly c~venart end egrst € to and with ihe iaid MO~'TGAGE"s, its iuccessors and aui9ns: ~ 1. To pay all anz! ~ingular the principal and interast artd the various and s~ndry sums of money payable by virtue of said promiisory notr, and ;hi~ ~ mortgage, each and every, promptly on the days respectively the same ~everally becoms due. ~ 2. To pay ail and ~~ngular Ihe taxe~, assessment~, levie~, liabiliries, obligations and encumbr+ncet of every nature and kind now on ~eid deicribed { properiy, or Ihat hereafter may be imposed, suf(ere~, plated, icvied, or assessed therco~, or fhat hereafter may be levied o~ es~asted ~pon thif Mo~Yg• } ac~e, or the inde~tedne~s secured hereby, rach and every, when due and payable, actording to law, be(ote Ihey become delinquent, ~nd batore any inteie~t + at~aches or any penalty is incurred; AND INSOFAR AS ANY THEREQF Ifi OF RECORD THE SAME SHAII BE PROMPTLY SATISfIEp AND DISCNARGfO OF ~ RECORD AND THE ORIGINAL OffICIAt OOCUMENT tSUCH AS, FOR IPlSiANCE, THE TAX RECEIPT OR THE SATISFACTtON PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAtI BE PIACED IN THE HANUS OF SAID MORTGAGEE WiTNIN TEN DAYS NEXT AfTER PAYMENT, and in the event thal any thereoF i~ nof paid, sar~sfied and diicharged sa:d MORTGAGEE may at any time pay ?he same or any part thereof without waivinq or af(ecring any opiion, lien, rquity or .iqht under or by virfue of ihis mortgage and ~he full amount of each and every such payme~t sha~l be immediately due and payable and •hall bear intere~t { s~om ~he dare thereof until paid ar rare of eighf per centum par annum and toge~her with suth inferest shall be secured 6y the (ien of th's morgtage. 3. To pl~u •nd contlnvoutly keep on the bulldin9~ now o~ heroafter ~{tu~te on ~aid I~nd ~nd on all equipment ~nd per~onally coveted by 1h(s mortq~ ~q~, with •I) prtmium• lharson paid in full, fire tn~urance in the utuel •rerclerd policy form, in a~vm approved by Ibe MORTGAGfE, end ~vfndstorm i Inaurints In ths ui~al ~tandard policy fwm, In e ~um ~pproved by the MORTGAGEE, in ~uch company or companie~ s~ the A10RTGAGEE mev direclj snd all fire a~d winditorm l~surence policies on any of said buildings, ~ny interest therein or pert thereof, in 1he •pgregeta ium etore~eld ot In excet? thereof, •hall contein the utval ~tandard moitgeges tlause or avch other cl~u~e at tha Mortq+flae may tequire, makiny the loi~ under faid pol~ tla, e~ch an~evary, payable to ~aid MORTGAGEE a~ it? tnterat may appeer, and each and eve:y sUCh policy ~hall be promptly ais.gned and delivarecl to any haid by teid M~iRTtiAi'iE[ ar furiha~ security to iatd mar+gage de~t, ar~, rat :~.t tF„,n tr:s (~Q) tI3y5 !n advant~ o! fhe exp3ralion oi each policy, to de- livar to ae?d MORTGAGEE a renewal thereof, togefher with ~ receipt for the premium of tuch renewal; and ihare ihe{I bs n.~ f~re or windstorm Insvrance pl~crd on any of •aid buildings, any interest therein ar part thereof, unlesi ln the form and with the (ost payable as afore~atd; end in tAe, event eny tum of money bacome~ payab~e under iuch policy or policies ~eid MORTGAGEE shall havs the option to receire and appty the ~ame on account of the indebted• nei~ ~aured hereby or to permit •aid MORTGAGORS to receive and use il or any pnrt thereof for other purposes, withoui thereby waiving or impe~r• ~ I~ any equiry, lien or right ~ndar or by virtue of thii mortgage; and In the event said MORTGAGORS :hell far any ree~on fa11 ~o keep the said premi~ei ~o i irnured, or fel! to deliver promptly any of seid policies of fnturance to ~eid MORTGAGEE, or fail promptly to pay fully any premium therefor or in any } re~pect fail fu perform, discherge, execute, efFect, complete, comply with and abide by this tovenant, or any part hereof, said MORTGAGEE may ptace and pay for wch tmuronce or any part thereoF without waiving or affetting any option, lien, eqvity, or right under or by virtue of this hlortgage, •nd the ~ fvll ema.~nt of each and every •uch payment shall ba immediately d~a and payable and shall bear interest from the date thereof until paid at the rate o1 nine per centum pe~ annum and togethar with such interest •hall be •ecured by tho tien of this mortysge. ~ 4. To ~ermit, commit or ~uffer no wa~te, tmpairmem or deterio~ation of •aid property or any parl thercof. ~ S. To pay all and tfnguler the costt, charges end expenses, including a tea~onr'~le attor»ey'i fee nnd costs of abs?racti of title, incurred or peid at i •ny Nme by taid MORTGAGEE~ beceu~e cx in ihe event of the feilure on the pert of tha taid MORTGAGOR to duly, promptly and fully perform, diicharga, _ oxecute, effect, complete, tomply with and abide by each and every the ~tipulationi, ~greemtntt, c~ndiiiom, and covenen'~ of teid promi~w~y note and thii mortgage any or either, and ~aid to~ts, chargrs end expense~, each and evary, ~hall be tmmediately due and peyable; whether or not thero be notice da mand, at;empt to collett or suit plnding; and the full amount of each and evcry tutF payment ihall baar interest from the date thereof u~til peid at the rate of nine per centum per ennum; and all taid coits, charqes and expenses irxvrred or paid, together with tuch interesl, •hall be secured by the lien of this mortpspe. 6. Tfiet (e) (n the event of eny breech of this Mottgage or defeult on the part of the MORTC,AGOR, or (b) in the evant eny of teid •um• of money horetn referrcd to be not promptly and fully paid within thirty (30) days nezt after the sama teveretly btcome dve and payable, without demand or nofice, ~ o~ (cj ln the eveN each end every tha slipulations, agreement~, conditions and covenants of ~aid promisiory nofie and in~t ~ori~aya o~y c: e:;.`.z: a• ~uly, promptly a~d fully performed, d~scharged, executed, effetted, completed, complied with and abided by; then in either or any t~ch event tfie said aQ~ # preyete sum mentioned (n said promis~ory note then remaining vnpaid, with in?ere~t accrued, end ell monay secured hereby, shafl betome rl~e and pay~ ahl• forthwith, or thereefte?, et tha option of said MORTGAGEE, ai f~lly and completely at if all of the wid sums of m~ney were oriflinally ~tipulated to be paid on such day, anything in said promissory note or in thtt Mortgage to the conlrer}r notwithstanding; and thereupon or thereaRer at tha option of taid MOR1rAGEF, without notite or demand, suil nt lew or in equity, therefore or Ihereefter beg~n, may be prosecuted ai if all moneys sscured hareby had matured prior b itt in~titution. 7. That In the event that at the be9inning of or at any time pending any tuit upon thit Mortgage, cr to foreclwe it, or to reform it, or fo enforce payment of any claim~ hereunder, said MORTGAGEf shal! apply tn the Court havinQ jurisdiction thereo( for the appointment of a Receiver, tuch Court shall forthwith appo~ni e receiver of said matgaged property all and singular, includ~ng all and singular 1he income, profitf, issuei and revenues from whatever wurce derived, eech and every of which, it being expre~aly ~nderstood, ii hereby mortgeged at if specifically set forth and described in tha yrentinQ and h~band~m clause~ hrreof, and ~vch Receiver shall have all the broad and effeuiva function~ and poweri in anywise entrusted by a Court to e Receiver, and ~uch appointmant ~hall be madc by svch Court as an admitted equity and a matter of absolvte right to •eid MORTGAGEE, and without referencs to the adeqvaq w inadeq~acy of the value of the property mortgaged or to the •otvency or insoivertcy of ~aid MORTGAGOR or the defendants, and that such rent~, profitt, incoms, issuet and revenues shall be applied by such Receiver accordiny to the lien or equity of se~d MORTGAGEE and the ptactice of such Coutf. 8. To duly, promptly end fully perform, discharge, execute, effed, comptate, ca-npty with and a6ide by each and every the ~tipulation~, agreemenf~, ; cond+tloni and covenant~ in ~eid premissory note and th;t mortgage •et forth. ; : 9. Thrf tn the event the ownenhip of the mortgaged premise:, or any p~rt thercof, becomet vested in e perwn other than the MORTGAGOR, tha " MORTGAGEE, itt tuccetson and as~igns, may, without nolice to tht MORTGAOR, deal with iuch tuccessor or succestor in interest with reference to thii ~ mott e a artd the debt hereb secvred in the tame manner at with Mort a or w',tho~t in an wa viti~tin or~d~schar ng the Mortgagors' liability hera 09 Y 9 7 Y Y 9 9~ under ar ~Fwn the dcbt hereby tecured. No sele of the premises hareby mortgaged ~nd no forbearance on the part of the MORTGAGEE or its •vccesfori ~ w•uiyna and no exten:ion of the time for the payment of the debt heroby ~ec~red given by the MORTGAGEf or itt ~utces:ors or et~ign~, ~hall operate to nkas~, diuhe~ge, modify chan~e or affect tha original Ii~bility of the MORTGAGOR herein, either in whole or In part, i 10. It li tpetifically sgreed that time i~ of the eisence of this contratt and that no waiver of any obligation hereunder or of the obliyetion te• f - Nnd het~by ~hall ~t •ny time thereafter ba held to be a waiver oi the ttrms hereof w of the instr~ment secured herby. 1 i. In eddilion to the foregoing monthly peyments of princ pel and interest required 'uy the prum~isory note secured hereby, mortgagor covenanh ~nd eyrtss to pay to mortgagee with each monlhly payment an sdditional sum estimated by mort~cgee to be equal to 1/12 of the ann~sl cost of the follow- iny' - A-All real property taxes lovied or essessed againit tfie above deicribed real estate. : B-Fremiuma on fire end windstorm insurance as herein required to be carried on the +mprovemrnts si~uate on thc above described premite~. ~ C-Premivm~ on s~sh martgage guaranty insurance ei mortgaflee sha)! f~om time to time deem fit to carry on the loan secsrred hereby, a Mortgagee shall from time to time notify mortgagor in writiny of the amouni due and payable hereunder and s~ch sum shall ihereupon ba dve ~nd ~ payable on the due date of the next monthly payment and each ivcceisive month thereaFter ~ntil mwtgagee thall notify mcrtgagor of a thange in ~uch amo~n?. Such sum~ :he~l t» applied by mortqsgts toward !ha payment of real propsrty taaes, Ins~rance premiums, and mortgage guaronty insuranta pnmiumi. • , ~ IN WITNESS WHEREOf, the •aid MORTGAGOR h'~~~r~0~ yp~}~ hre~n~ and seal the day and year first aforesaid. ; Siynod, sl~d and delivx tn ~ preience of~ ~ H~ C ; ) 1 ~at'~'~ Q~~ ~R~EC ~ . a , ~ r ~ 0 K . ~ ~ , ti~ ~ ~ : ~-~-~'-t`~~ •q ^ r~ J/:~l ~ ~ ~ , ~ 4~~` r. +/~•M__(~ ~ ~ = 32 ~~--~Q., ~ ~ STAT@ OF FLORIDA RO ~~~t"U'~ ~ - ~ ' , ~ ~ st,~,~ucie v~.=~-: ~-«.{s~ e . . . 1, l~,~ RK - ~ . Pd fly spp~ared - F . B . 41,T'.E~ ~ v T Y, " ' oc~d . ~ ~ • t` ~ ' , A @ r• hii wife, to ?n~ well know!i. brid , ~.krwwr?'tQ'rn~. fo : ~ ~ ~ v(dvat~^, d(esci ~i; ar~ who •x yLed t for~pQ~ (j~i[r nt, acknowledqsd befors rrn that th~y sxetvtei~tldi ~adrtii .fpt.?Fn'pi~rpbfe~ ' =fF~i~,.~d8d.: %iMd`~ '.~ar "lriar~e AQa tll`~re~ , re , . : ~ o~ - • ` ~upof?. i se'p~r~t. ird pttv:r.. ~ -~ainktsNSn !iy rt» tpksl~,~eptrat~ ~nd ~part from Mr i~ld huiband, acknowledqed ro a~d befcus mt that •he ex~cuted ~aid Instrumint fraly and voluo- t ~~r1,yt_ en~ •w~put~~~~bion, corutreint, spprohsn~ion,~ fesr of a from her tsid hu:bs~+d. ~ ' C; ~ 'fry(T~f+1t'3~5 my,Mar+~-spd offtci~t seal thl~ s~ 7 day of \ A. D. 19~6 ~ ~~f'f ~ • ~ i ` . ~ . • Notary Aubllc In +nd for Stit~ of Pbrlda •t larp~ ~ Return To: My Commiuion ~xpireu • ~ Citizsns hderal Savings a lo~n Associ~tion ~~otary Public, $t~1e Cf ~ie~~'.a at Larg4 ~ of St. Lucie co~„fr U k ~17f ~ ~t~c~ fi1' Cor.,m:~:;s, t, i~?~~ F~. Pieree, ffotida ~O~K+~~ ~ ~='~e: 5y Antr.c~~~ i~:e i+ ~is_~~{Y Sr4a - C ~ E ' • . i