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Home My WebLink About2330 i ~ ~ , t ~ 3. To place and consinuov~ly kaep on 1he bui!dings no:v or herea(t~r eituate on s3~d land and cn all equipmeM and personally covrred by this mortg• ? ege, wilh all premiumY Ihereon pa;u ~n i~~i, t:,e ir.;_~....,~ in !h: ~,s~~~~ a+a~d-+.d noGcp form. ~n a sum approved by the h10RfGAGEE, and .vindstorm insu~ance in the usual ~tandard ~ot;cy form, in a sum approved by ~he h1pRTGAGEf, in such compeny er companles as the A10RIl~A(~tE may diretf; and all fire rnd ~v~ndstorm in~urance poiicies on any of said buiid:ngs, any inierest therein or parl thereot, in the agg~e~ate sum aforesaid or in axcess the~eof, shall contain the usual standard mortga~ee dause or such othe; cla~se as the Morl9agee may require, making fhe loss under taid poli- cie~, each and every, payab"e to said A10RTGAGEf as i~s inte~es~ may appear, and each and every such poi~cy shali be promptly ass gned and delivered to any heid by ~aid h10RiGAGEE ai further se~urity to said mortgage debt, and, not less than ten (10) days in advance of the expiration of each potity, to de- live~ fo said b10RTGAGEE a renewal theraof, Iogether with a reteipt for the premium of such renewal; and Ihere shall L~ no fire or windstoim insurance placed on any of ~aid building~, any interest therein or parl thereof, unless in the form'and wiih t!~e loss payable as a(oresaid; and in tFie evenf any sum ot mone betomes a abie ur.der sucn oiic or uiiu~i so~= : i:::: ;..s" - - 2fY^ y p y p y p . _ . ae~~y ~he same on accounl o~ Ihe indebred- ~ass secured hereby or to permit said h10RTGAGOR~ to receive and use it or any part thereof •for~other purposes, ~•;~thout ih~rrb~ ~vaiving or ~rnpa~~• - ing any equity, lien o~ righi under or by virtue of this mo::gage; and in ~he event sald MORTGAGORS shall for any reason fail to keep ~he said premises so inwreti, u~ {aii i~ ~~fi.c: r;:, ;;~,1~~ a^~ ef :aia MlifiP} of inturence to said MORTGAGEE, or fail promptiy to pay fully any premium Ihetefor or in any ronpecr fail ~o per(orm, discharge, execute, effetr, completa, comply ~vith and abide by Ih~s covenanl, or any part hareot, said hlt~ftlGAGEE may piace and ~ pay for suth insurante or any part thereof without walving or afFecting any oplion, lien, equity, or right under or by virtue of this hlortgage, and the ~ full amount of each and e~•ery such payment shal~ be immediateiy due and payable and shall bear interesi from 1ha data thereo' until paid a1 the rate ot ~ ni»e per centum per annum and together with such interesl shali be sacured by the lien of this mortgage. 4. To permit, cornmit or su(fer no ~vaste, impairment or deterioration of said property or any part thereof. 5. 1o pay all and sir.gular the.costs, tharges and expenses, induding a reasonab!e attomey's fee and costs of abstrads of title, incurred or paid at any time by said MORTGAGEE, becaus~ or in the event of the failure on ihe part of the said h10RTGAGOR to duly, promptly ar.d fu~ly pe~(orm, d~scharge. execute, elfecl, complete, comply with and ab:de by each and every the stipulations, agreements, conditions, and covenants oi said promissory note and this mortgage any or eiiher, and sa:d cos~s, charges and expences, each and every, shall be immed~ately due and payable; whether or not there be no~ice dr mand, attempl to collect or suit pend~ng; and the fu~l amount of each and every ~uch payment shall bear interest from the date thereof unlil paid at the rate of nine per centurr per annum; and all ~ait~ costs, charges ar.d exoense~ lncurred or paid, together with such interest, shall be setured by the lien of thit mortgage. i 6. That (a) in the evenl of any breach of this Mortgage or default on th~ part of the h10RiC-AGOR, or (6) irt the event any of sa;d s~ms of money ' i herein referred to be not promptiy and fully paid ~vithin th~rty (30) days next aftar Ihe same severally become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreemEnts, condltions and tovenanls of sa~d promissory note and th~s mortgage any or e~~her are r.ot ~ ~uly, promptly and fuily perfo~med, d~scharged, exetuted, effected, completed, complied ~vith and abided hy, then in either or any such event t:~e said ag- gregate sum mentioned in said promissory note tfien remaining unpaid, ~vith interesi aarued, and all moneys secured hereby, shall become due and pay able forth~vith, or thereafter, at thz option of said h10RiGAGEE, as futly and comple~eiy as if all of the said sums of money vrere originally stipufated - b be paid on such day, any?hing in sa;d prom~ssory note qr in this 1.lortgage to the contrary nolwithstanding; and thereupon or thereafter at the opiion of faid MUk1GAGtr, wilnOUl ~OFiCB or tietna~iu, 's~ii ai 'v~ ~n eyu;ty, _ ;a.°. ' •h~;eE~:e er !t•e•ez!te, bag„~; mav he orosecuted as if aIl moneys secured hereby ? had matured prwr to its institution. - 7. That in fhe evenf ihat at !he beginning of or at any timz ppnding any svit upcn th;s 1."ortgage, or to foretlose it, or to reform it, or to enforce payment of any daims hereunder, said 1~10RTGAGEE shall apply to the Ccurt having jur~sd:aion fhereof for thc appointmeM of a Receiver, such Court shall foriliwith appoint a receiver of said mortgaged properfy all and singular, indud~ng all and singu~ar ~he income, prof~ts, issues ar.d revenues from whatever source derived, each and every of wh;th, ir being expressly understood, is hereby mortgaged as if spec~fically set forth and described in the g~antin9 and habendum tlauses hereof, and such Receiver shall have all the b~oad anJ effective funct~ons and powers in any~v~se entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an ad~nitted equity and a rratfer of absolute righl to said MORTGAGEE, and without refe~ence to )ha edequacy or inadequacy of the val~e of the property mortgaged or to the so~vency or insolvency of said MORTGAGOR o~ the defendants, and that such rents, profits, income, iszues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said A10RTGAGEE and Ihe praclice of svth Court. 8. To du}y, promptty and fully perform, d~scharge, exewte, effect, com.plete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said ~Sromissory note and this mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a person olher than the h10RTGAGOR, the MORTGAGEE, its successors and ass~gns, may, .xithout notice to the f.tORiGAOR, deat ~vith such 3utce:sor or auccessor ;n interest ~vi~h refe:ence to this mortgage and the debt hereby secured in the same manner as ~vith l.5ortgagor w~thout in any way vitiating or d;schargin9 the l,lortgagori liability here- under or upon the debt hereby secured. tVo sa:e of tl,e premises hereby mortgaged and no forbearante on Ihe part of the ~,10RTGAGEE or its successors ot assigns and no extension of fhe time for th~ paymen! of the debf here`uy secured given by the t1~OKiGAI~t[ or its successors or ass[gns, a~~ati V~C~CiC to release, d~scharge, modify change or affect the orig~nal liablliry of the MORTGAGOR herein, eithe~ in whole or in part. 10. It is specifically agreed that time is of Ihe essence of this contratt and that no waiver of any pbligation hereunder or of the obligation sr c~red hereby sha(I at any time thereafter be he!d to be a v~aiver of the terms hereof or of the insrrument secured herby. 11. tn addition to ~he forego:ng monthfy payments of princ'p~l and interest required by the prom~ssery nore secured hereby, mortgagor tovenants and agrees to pay to mortgagee with each monthly payrnent an add~iional svm eztimated by mortgagee to be equal to 1/12 0( the annual cost of the follow- ~ ing: A-All real property tax~s levied or assessed agaivst 1Fe above described real estate. 8-Premiums on fire and wir.dstorm insurarce as herein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty ir.surar~ce as mortgagee shall from time to time deem fit to carry on the loa~ setured hereby. Morlgagee snail from time to time noti(y mertgagor in v:riting of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next moMhfy oayment and each successive month thereafter untit mortgagee shall-notify mortgagor of a change in such amount. Sucb sums shail be applied by mortgagee tovvard the payment of real property taxes, insurance prem;ums, a~id mortgage guaranty insurance premiums. IN WITNE55 WHEREOF, the said h10RTGAGOR has herevnto set his hand and seal the day and year first aforasaid. ' ed, Seated and deliv ed in the presence of: G~ ~ ( (Seal) ~~1~~~7 ~ ~ i~.~ ~_(Seal) ' (Seal) ~ (Seal) ATE Of FLORIDA ~ COUNTY OF _ S t. Lu c i e ~ Before me personally appeared E 1 z i. e j1~ , ~'i~1(~ t~11 t'3 and T77Aj'1'~ 1'A M ~`rC~l'~WITI _ his v+ife, to me we(I known a~{f,~CMtrul fo me fo be Ihe individuals described in and who execured the foregoing instrument, and acknowledged before me that they executed , tfi~; sah-i$+for ffip ,purposes fher~in expresaed. And ?he said ~TU8Tlj t8 M. Godw~n ~ . wife of the said F121 P;'~ , Ci O C~4d 1 T] ~`~an a~epar~te~ h~d 'pij~+ate examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed;saTd Jnsft}nhent' fr'eely' aad vb~:n- ~ tariiy and withou! any compulsion, constraint, apprehension, or fe r of or from her sa+d husbartd. : = • ~ WtTNESS my hand and otlic7al seal this. _ day of r'v ~ .`A.~6 ~9~~ i , . ~.~~~i~'~' ' ; • - N~fary P~blit in and for the STnle~p~'M`ro~j~lp~.al,Let$$, , ~ Fi L. E 0 A N D R E C iR D E~ r.1y Commission expire~t~ry ~x,•,~-~ o~ P~dri~~:at Lar4e_ Return To: Firs? Federal Savings 6 loan Assoc~~o~~{,!,.~{_~~~~ROOK My Commission^~~~7{fl~~~~~. ~3. 1969~ { Of Fort P~erce. ~.~J ~ Gond~d ~r Amsrfun fk~ i C~zu~fry Co. ~ Forf Pierce, ilorida .-~,'.'~?LI~G~G-fG..C~LC/ 's6 FE8 ! 8 P~~! 3: S I ~ ~ /jj< f)<. ~1 ~ _ ~ ~_~~K.!tilaJ - r t~ ROG~E2 f'vl i I.: CI.ERK ~ : .1 _ - " r - . _ ~ _ ' 4= ~ ST. ~UC(~ C~OUNTY - = ~ ` _ FLORIDA ~ : i 2 s , . • . ' . i ~ , ~,ti: - f U R 1~~ ~ ~ :,'„j- gOn~ ~~4 . : - ~ a.~ ~ ~