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Home My WebLink About1512 3. To ptace and toNinuousty keep on the bui'ding~ now or he~eaftef 3huate on said land and on ali equipment and personally covered by this mortg- afle, w~th all premiurtri thzreon pa:d in iull, fire insutar.re ~n the usual s!anaard po!ity form, in a sunt approved by Ihe h10RiGAGEE, and v.~ind~torm insurance in Ihe usual standard pol;cy form, in a~um approved by the MORTGAGEE, in such company or cortipan:es as tha A10RTGAGEE may direct; and all fire and w+ndsto~m insurance polrcies on any af sa~d bvild~ngs, eny interesl therein or prrt thereof, in the aggregate sum aforesaid or la excess Ihereof, shall contain the usu.~l standard n,origagze clause or such oihPr ciause as the hlortgagee may requlre, making thz loss under sa~d poti. cies, each an6 every, payab!e to said A10RTGAGEE as it3 interest may appear, and each and every such policy sh31! be prempt~y ass gned and delivered to any held by said h10FfGAGCE as further security to said mortgage debt, and, not less lhan ten (1J) days in advar~te of the expiration ol each policy, to de• liver to said MORTGAGEE a renewal Ihereof, together with a receipt for the premium of such renewah and ihere shatl be no f~re or ~vindsterm ineurance plated on any of said buildings, any interest therein or parl thereof, unless in the form' and with the loss payable as aforesaid; and in the event any sum o( money b~comes payablt under such poficy or policies said MURTGAGEE shall have the opt~on to receive and appty the same on atcount o~ the indebted• ness secvred hereby or to permit said l,10RTGAGORS to receiva and use it or any part thereof (or orner purpotes, ~v~tho~t ~h=~eoi waivi~~~ or unpair- ~ng any eyu~iy, i,r„ v~ ~~y~~~ ~ . ' ` ` :n ~_r-e •r:a ?inqTrernqc cF,all {,~r anv rQaion fail to keen the Said premise3 s0 e insured, or fail to de~iver promptly any of said 'pol;cies~af insurence to said MORTGAGEE, or (~i! promptly io pay fu~ly any premium therefor or in a~y - respect fail to per(orm, d~scharge, execute, e(fecf, complete, comply with and abide by thls covenam, or any part hereof, said MORIGAGEE may place and ~ pay for suth insurance or any part thereof without walving or affetting any option, lien, equity, or right unde~ or by virtue of this h\ortgage, and Ihe full amovnt of each and every such payment shall be im~nediately due and payable and shail bear interest from Iha date thereo( untll paid at the rata ot nine per centum per annurn and togefher wifh such interesl shall be secured by the lien of this mortgage. J. To pe~mil, tommit or svffer no waste, impaimient or dzterioration of ~aid property or any part ihzreof. 5. To pay all and singular the.costs, charges and expenses, including a reasonable attorney's fee ard cosls of abstracts of tilte, incu~red or paid at any time by said MORTGAGEE, becausr or in the event of the failure on the pan oF the said MORTGAGOR to duly, prompNy and fulty perform, d~scharge. execute, effect, complete, comply with and ak;:de by each and eve~y Ihe stiputations, agreements, cunditions, and covenants of said p~omissory note and this mortgage any or e~ther, and sa~d costs, chargei and expenses, each and everv, shall be immediately d~e and payable; whether or not the~e be notice d> mand, attempt to <ollect or suit pend~ng; and Ihe full amount of each and every such payment shall bear interesl irom the date thereof unfil paid a) the rate of n;ne per cenrvm per annum; and aU said costs, charges and expenses incurred or paid, together w~th such interest, shall be setured by the lien of this mortgage. A. That (e) in the event of any bieach of this hlo~tgage or default on the part of the MORTGAGOR, or (bj in the event any of said Sums of money herein referred to be nor prompr~y and fully paid ~vithin ~h~~ty (30) days next after the aame seYerally 6ecome due and payable, without demand or notice, or (c) in the eve~t eath and every the Stipulations, agreemems, conditions and covenaMS of sa.d promissory note and th~s mortgage any or eilher are no1 ~uly, promptly and futly performed, d~scharged, executed, effected, tompteted, complied w~th and abided 5y, then in e~thet or any suth even! the said ag- gregale sum mentioned in said pro~nissory note then remaining unpaid, vrith interes~ accrued, and a!1 moneys secured hereby, shall become due and pay able forth~vilh, or thereafter, at the optlon o! said htORTGAGEE, as (ully and completcly as il all of the said sums of ineney were originat{y st~pulated to be paid On suth day, anything in sa:d promissory note or in fhis hlortgage to the tontraty notwithstanding; and thcreupon or thereafter at she ept~en of said h10RTGAGEE, ~vithout notice or demand, suit at law or in equity, therefore or thereafier begun, may be prosecuted as if alt moneys sec~red hereby had matured ptior to its i~stitution. 7. That in the event that at tFe beginning of or at any fime pendirg any suit upon this Itla:tgage, or to Foretlose if, or to reform it, or fo enfo~te paymeN of any tlaims hereunder, sa~d ~.10RTGAGEE shaU apply fo the Couri having jur~sd;ction thereof for the appointmem of a Receiver, such Court shall fortFiwith appoint a receiver of said mortgaged property all and singular, includ;ng al{ and singular the income, profits, issues and revenues from whatpver source derived, each and every of which, it being expressly undersrood, is he~eby mortgaged as if spec~fically se1 forth and described in the granting and habendum dauses hereoF, and su<h Receiver shall have a11 the broad and effective fund.ons and powers in anywise e~trusted by a Couri to a Receiver, and tuch appointment shatl be made by such Cour1 as an admitted equity and a matter o( absolute right to said kiORTGAGEE, and wi~hout reference to the adequacy or inadeq~aty of the va1~e of fhe property mortgaged or to the solvency or insutvency of said MORTGAGOR or the defendants, and Ihat wch rents, profits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said ~~10RTGAGEE and the practice of such Court. 8. To duly, promplly and futly perform, d+scha~qe, exetute, ef(ect, complete, ccmply ~vith and abide by eath and every the stipulations, agreemen:s, conditions and covenants in said promissory note and th;s mortgage set forth. 9. That in the event the ownershio of the mortgaged premises, or any parl thereof, betomes vested in a person other than the MORiGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to tne niGKiGi+vR, deai wiii~ suii~ a~eceii'v~ ;~tces;ar ir ;~rere;; w:;h refe:ence to thi3 morsgage and ~he debf hereby secured in the same manner as with hlortgagor without in any way vit~ating or d:scharging the 111ortgagon' (iability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbezran~e on the paet of the h10RTGAGEE or its sutcessors or assigns and no extension of the time for the payment of fhe debt hcreby secured geven by the thOR7GAGEE or its sutcessors or ass:gns, ~iiall operate to release, d~scharge, modify change or atfecr the original liability of the MORTGAGOR I~erein, eifher in whofe or in part. ' 10. It is specifically agreed thal time is of the essence of th~s tontract and ?hat no waiver of any obligation hereunder or of the obligation se- tured hereby shali at any time thereafter be held fo be a waiver of the ferms hereof or of the instrument secured herby. 11. In add~tio? to the foreyo"ng monthty paymeNS of prFrc'epf and intzr~st requ~red by the promissory no!e secured hereb~, mortgagor covenant~ and agrees to pay to ma tgagee ~vi1h each monthly payrr.e~t an add~rional sum estimated by mortyagee to be equal to 1/ 12 of th~ annual ~ost of the follow- ing: ' A-All real property taxes lev~ed or assessed agai~st thc above described real estate. B-Premiums on fire and viindstorm insurance as herein requ~red to be carried on the improveme~ts sitvate on ~he above dsscribed premises. C-P~emiums on such m.ortgage guaranty insuraoce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. t~lortgagee shall from time to time notify mortgagor in writing of the zmount d~e artd payable hereunder and such sum shall thareupon be due and payable on the due date of th= next month;y payment and each successive monrh tFereaftcr urtil mortgagee shall no!ify mortg;gor of a change in such amovn~. Svch svms sha!! be applied by mortgagee lnward the payment of real preperty taxes, insurance prem;ums, and mortgage guarar.ty insurance premiums. IN V~ITNE55 VJNEREOF, ihe said h10RTGAGOR has hereunfo set his hand and seal the day and year first afor aid. igned, Sea d an daj e~ed in the preaence of: ~ ~ ~ (Seal) . . (Seal) (Sea I) ($eal) STATE OF fIORIDA ~ St. Lucie cou~~rv oF ~ Before me personally appeared IZ019 Ja ekson . 8 W~~OW ~~x : ~$~C~}Q~, t0 p~~well known and known to me to be ; fhe individuals described in and who executed the forego+ng instrument, and acknowledged before me that t~3`y execufed the same for 1he purposes there'rn expressed. ]~cr~]tj1~~~d~ ~ XJfdX7ltXi~C x~g.', Ca~Cs`b.~4 d[1X Xn~ J~~GcXtX ; 7~3C°7~~7Ca~C~'4~3~'XJ4iTlt~~DC~JC~JQA~1C~4~?C~444?b5ta(~C~74Sk}~DC~~43kb~t~~4~S363i3~aCsXeY,r~e3~B5Ks~rX35c~c?YtdH}~3fr3C~{sYc3~r74JG8eTy?6~4C~{}~ ; a49C~L~9~C~3(fK4~Q4~+~i~'CQk~s'tDGd53Cdd3~~a7~DC;Xp~r7IFi~Fd[~3Lr}tf~Sa?CDi?n7CTcoKn74$r7~s~'ir~&Cr~s$ 'r WITNESS my hand and official seal this 4~r day of ~ ~ Ei _ A. D. 19 ~ ~<!~F'.L~:~?~L~ E Notary Pub in end for the State of Florida at large ~ € 0 R D~ D My Comm ion eapires:g-~ ~G ~ , ~ Retum To: ~,ND REC ~ ` . „ ; ~ i <.pz ~ firsf federal Savings ~ Loan Associat+ ~R O Q F( . / ' Of fort P~erce. , ~ Y, ' f " ~ ~ ~r .r,,~ . 7~.J~'.. ~i ';U Q~r~.. ~ Fort Pierce, ftorida ' f / y7~•`L~-~ ^ 'y' i ~ , . , - ./L~- L~ - ` '66 JAN 3 ~ P~! 3 : 3 0 . J : - - • ~ ~ 1~ ~ . fl1 1 . ~.~t•7:i1/~~~.. ~ ~ ~ - ~ . . ~ /t.J ~ ~ t~ - ~ ~ ~t • V I ROGER F'Gi i f:AS. CLGRK ' o ` - ~ 'r • - ST. LUCIE COUNTY, : y _ _ _ FLORIDA .:,~~t'•`'~ : - ~ ~ _ ; . , ~ . ~ ~ ~ _ • ' • ~ ~o~K~~'7 30fi . ' ~ ~ . _ _ - ~