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Home My WebLink About1127 ~ . ~ ~ ~ To plac~ and eontinuowly ke~p on tM buiidinq~ now w he+eafter iitwts o~ s~id land x~d on ~II aqvipm~nt ~hd p~rson~ily cov~r~d by tM~ mwfg~ p~, with ~11 premiuma thw~oer Qa~d in f~ll, fi~e irourancs in the usuel standard poiicy fwm, in a sum approwd by tM MORTGAGEE, H+d windatorm insv~~nc~ in tM ~swl ftand~~d pol+cy fwm, in a sum epproved by the MORTGAGEE, ie such comp~ny o~ comp~n~s~ ~t th+ MORTGAGtE may dihc?t and all firs and wir+dsro~m iniu~+nee policie~ on any oi fs'~d twildinqs, any int+rest thsrein o~ part thartof, in tM ~qq~e9are t~m afaes~id w In ~zcws tMr~of, ~hall contain ths usual standard mortgagee cle~se or such other clsu~s tF+~ Mortg+gre miy rpu~ro, m~kiny tM lou v~der sald poli ci~s, ~ach and ~very, payablt to sald MORYGAGtE a~ its iNCresf may appsar, and each and wery ~u h policy ihall be promptly ata:9ned snd d~~ivered to . any Mld by Nid MOR~GAGEE furthtr secWrity to seid mo~tgags debt, a~d, rwt I~s~ tMn t~n (10) days in advante of the expirotion of aech polity, to dr livN ro~id MURTGAGEE ~?~newal thereof, toqeth~r with e recc~pt for the premium of wch renewa~; •nd ther~ ~hall F» no fire or windstorm insurance plac~d on ~ny of said buildinys, any interes/ therein or part thereof, unless ~n the form and with the losi pay~bl~ at aforesaid; and in the event ~ny tum pf ~wn~y bscome~ payable u~der tuch policy or pol~cies said MORTGAGEE shal~ h~va the option to reteive and epply the same on account ^f the indebted- n~st ~~cyrrd hereby or ro permil said MORTGAGbRS ro receive and we fl or any pert thereof for othcr purposes, without th>•ebi waiving o~ ~~npair- inp ~ny puiTy, li~n w riyhl under rx by virtw of thi~ mo:tflsqe; •nd in the tvent uid MORTGAGORS ~hall fa any reason fail to keep the said premiaet ~o MsureKJ, w fail to deliver promptly any of ~aid policies of insurance to said MORTGAGEE, or fail promptly to pay fully ~ny premwm thetefor w in sny n~p~c1 f~il to p~rform, disth~~qe, ~xecut~, effect, compl~te, tomply with and ab7de by this tovenant, or •ny parl hareof, ~aid MORTGAGEE mey place a~d p~y fw sucl? inwrar~te or uiy p~rt therwf without waiving or ~ffectiny aRy option, liao, equ:ty, or riqht und~r w by virtw of thi• Mortysye, and fhe full inwutN of ~ach end ewry such payment slwill bs immedietely dw ~nd payabl~ ~nd shall bear intereat fran th~ date thereof until paid at the rote ot nirw pM pnt~m pK ~nnum and togather with suth intertst shall be secured by tM li~n af ihi~ mortqsge. 1. TO plrmit, COrnmit or fuffsr no waaf~, imf+airment or def~rior~tio~ of said property or any parl thereOf. 5. To pay all end si~ul~r the coat~, charpea and expenses, includiny a reasonabla attorney'e fee and costs of abstracts of title, incuned or peid a1 ~ny time by iaid MORTGAGEE, baca~~e w in the event of the failure on the part of the said MORTGAGOR to dvly, promptly and fully pe~form, diacharge, ~xetvt~, ~ffect, eomplete, camply with and eb+de by sach and every the stiputations, ~greements, conditions, end covenents of taid promissory note and th;• mortp~q~ ~ny w~itMr, and ~aid cosh, charg~s and expenses, each +nd every. •MII be immediately due and payabla; whether or ~ot there be notice da m~nd, attempt to coll~tt w suit pending; and the full amount of each and e~ery such payment thall bear interest from the drte thereof until paid at the r~te of nir» pe~ centum per annum; and all taid tosts, charges and expensea incurred a paid, together with such interpt, shaU be securtd by the lien of thii morfqay~• 6. That (a) In the e~ent of any breach of this Mortga9e or default on tFK part of the MORTGAGOR, or (b) in the avent any of sa~d zums of money Mr~in raferr~d to b. not prornptly snd 4ully paid within thirty (30) days next a'ter the same severally betome due and payable, witho+~t dema~d or notice, or (c) in the event esch and every the stipulations, agreemcnrs, conditions and covenants of sa~d promissory note and rh~• rt,ortgeye eny w either ere no~ fuly, promptly ~nd f~lly performed, discharged, ezecuted, eftecred, completed, complied with and abided yy, thtrn in either o? any tuth eveni the ~aid ag- prpsta tum m~ntioned in said p~omissory rtote then remaining unpaid, with interest accrued, and all moneyi sec~red hereby, ~hall become due and pay ~t~l~ forthwith, w thereefter, ~t the option of said MORTGAGEE, as fully and complete!y a• it all of the taid surrw of money were originally ftipulated ro be peid on such day, anythinq in sald prom~ssory note or in this Morigage to the contrary notwithstandii~y; and thereupon or thereafter et the option af said MORTGAGEE, without notice ar demend, suit ot law or in equity, therefore or thereafter begu~, may be proaecuted a if all moneys seturad hereby :wd matured prior to iri inshrufior~. 7. 7hat in ihe event that at the beginning of or at any time pending any suit ucon this Mortgege, or to foretlost it, or to reform it, or to enfo~cs oaymenf of any claims hereunder, s~id MURTGAGEE shall ap~ly to the Court having jurisdict:on thereof for the appointment of s Receiver, such tourt shsll forthwith appo+nt a receiver of saiF! mortgaged properiy all and singular, includ~ng all and sing~lar the intome, p~ofits, iuues snd revenues from whataver wurt~ derived, each and every of which, it bein9 expressly understood, is hereby mortgaged at if ~pec~fically set forrh and described in the yronting and hab~ndum clausea hereof, and suth Receiver shall have ail the broad and effective funct~ons and powers in anywise entrusted by • Cou~t tQ a Receiver, end ~uch appolntment ahall be made by such tourt ai an admitted equity and a matter of absolute right to said MORTGAGEE, •~d withaut reference to the adrquacy Ar inadequacy of the value of the property mortgaged or to the so~vency or insolventy of said WIORTGAGOR or the defendants, and rhat such rent~, profib, intome, isaues and revenuea shall be applied by such Receiver atcordinq to the lien or equity of said MOR7GAGEE snd the pradice of such Court. 8. To duly, promptly and fully perform, diacharge, execute, effect, complete, cornply with and abide by eacfi snd every the stipulations, agreements, conditiom and coverants in said promissory note and thia mortgaqe set torth. ~ 9. Th~t in the event the ownership of the mortgaged premises, or any part thereof, becomes vestsd in a penon other fhan the MOR7GAGOR, ths MORTGAGEE, iti wccessors and assigns, may, witho~t notice to the MORTGAOR, deal with such succ~uor or Wcussor in interest with reference to thi~ mort9~fle end the debt hercby secured in the same manner as with Mortgago~ without in any way vitiating o~ disthargi~g the Mortgagors' lia6ility hera under or upon fhe debt hereby aecured. No sale of the premises hereby mortgaged end no forbearence on the part of the MORTGAGEE or itt successots or a~signs and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, shall operate to release, discharge, modify change or affect the original liabll~ry af the MORTGAGOR herein, either in whole or in part. 10. (t ia specifically agreed fhat time is of the essence of th~s contract and that no weiver of any obligat~on hereunder or of the oblipetion se- cured hereby shall at any time thereafter be heid to be a waiver of the farm• hereof or of the instrument tecured herby. 11. In add~tion to the forego:ng monthly payments of princ'pal and interest required by the pramissary note setured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an au'd~iional ~um esfimated by mortgegee to be equal to 1; 12 of the annual Cost of the follow- ing: A-All reel property taxes lev~ed or assessed agai^st thc a6ove described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvemEntt situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from t:me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of ihe amount due and payable hereunder and such sum shall ihereupon be due and payable on the due date of the next monttrly payment and each successive monfh thereafter ur:til mortgagee shall not~fy mortgagor of a change in such amaunt. Such sums shall be appiied by mortgagee toward the payment of real property taxes, insurance prem;ums, er.d mortgage guaronty i~surance premium~. IN WI7NE55 EREOF, the said MORTGAGOR has hereunto sct his hand and seal the day and year first aforesaid. Siynea, Sa~l and d in th I~resence of: ~ y ~1 _(Seap ~ (S:al) ~ 9~i~~[ - C~t~r-}-~--.,o.!Sea!) ~ (Seal) STATE OF fLORIDA ~ 3~int Luaie caur~rr oF Before me penona~ly eppgared Jfl~!'1@ g F' . GI'@ en _ and Hfi2A1 ~s Cir2~BA11 his wife, ta me well known and known to me to be tha individusls described in and who exec~ted the foreyoing instrument, end acknowledged before me thaf they executed the aame for the purposes thcrei~ expresscd. And the said g9 Z 9 ~ C=rs e n wife of the said .7fl1118 9 F~ ~`i2~9 A21 upon a separate and private examination by me takeiti separate and apart from he~ said hu~band, ecknowledged to and before me that ahe executed said instrument freely and volun- tarily ~nd without any compulsion, tonstraint, apFrefiensicn, ~s~ear of or from her sa~d husband. y~ Au s t a,. i~_ ~ L. WITNE55 my hand ar.d official seal this__ - day of • Notary Pub~ic in and for the State of Florida at Large , My Commisaion expire~: Retvm To: 1~ C r~.V-, F:'~`'~~L 2~ Ln~G` fint Fsda:ql Savings b loan Asaociation f p ' i11~~... 1i % ' ~ riJ: I~Ot7 , . O~' Forr Plerce. . ~ B'vtaL~-"~ fr:~,GGGN F"r.~.,,7 \Y. DIESiELNOH}T. .~•'i~ • F~~;t Pierce~ Florida ~ ~?.~.5 rr '~'~~11Q'J`'• cy', ~ Y 1~~~. ~0 REC~RDED . p'~;, . ~ ~ ,~it~' ~OOK - ~ - . . ~ ..o, - - - ~ . _ ~ ~ . : ~ .I~V~L.~~~. . ' '~5 ~t~~~" ~ I 6 ~MM 9 : 9 ~ . ~~~3~D"~ - , Roc~R r>~i ~ kas. ~~.E~K ST, LUCiE COUNTY,.- 0 ~ ~IORIDA ~40K ~ ~ i - - - - - - - -