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Home My WebLink About2223 9. To pl~ce and cw~tinuovily keep on th~ bu~idings ~ow ot Mresft~r situ~t~ on said I~nd ~r~d on ail equiprt~errt and ptnonsilp tovsrad by thi~ nw~'tq~ ~p~, with all pnmiums therwn paid in full, fire insurance in tha usual sundsrd policy fwm, in ~ ium appro b fht MORTGAGEE, ~nd wind~torm M~wr~nc+ in tM uw~l ~T~nda~d po~~cy form, in e sum epproved by ri+e MORTGAGEE, i~ ~uc6 company or compa~~ra u tM MORTGAGEE may dk~cp ant! ~II fir~ ~nd win~rorm inwrante po~~cies on any of •aid 6uildinyr, ~ny int~r~st IMrain or µart th~reof, in t!?~ ayqreqst~ sum ~fa~t~id or In ~o~a fhtrwf, shall contain the u:ual stsndard mortgagee clsuse or ~uch orMr ci~usa as tM Mortyp~~ m~y requ~~~, m~kinq tM losi under ~++d pal~ ci~s, eKh ~nd ~wry, paysb~e to uid MORTGAGEE as itt inferesl may appsar, and a~ch snd e+ery svch policy ~hall b~ promptly au:yn~ ~nd ds~ivertd ro ar?y hrld by said AAORTGAGEE u further ~ecurity to said mortqage debt, and, not Itu tFun ten (10) d~ys in adva~x~ of the expir+lion of each polity, to dr ~iwr ro aid MORTGAGfE a r~newal therwf, toqeYMr with a receiot for the pttmium of such renewal; and then shall bt no firs or windstorm insurant~ pl~c~d on ~ny of said building~, ~ny interest there;n or part thereof, u~lr~s in the form and with the losa p~yable as sfor~seid; snd in the evsnl any sum of mon~y b~cane~ payable unds~ such policy w policies ~aid MORTGAGEE shall hav~ the option to ~eceive and ~pply the tan,e on account of the indebted- Mst a~tur~d hM~by or to pamit said MORTGAGORS to receiva ~nd uk it a eny part thereof for other purpo~es, wirho~t thereb~ waiving o~ ~mpair inp any puity~ IiM OI .iflht u~dsr or by virtw of this morlqaqe; •nd in the ~ve~t s+id 11~10RTGAGORS ~hal) fw any reaton fail to keep the said premises to IMUrad, or fail to delivsr promptly any of said polities of insurenca to ssid MORTGAGEE, or fail promptly to pay fully any premiurn thorefor or in anY n~pect f~il to pirform, di~tharfle, ~xecut~, effect, compfets, tomply with and abide by thi• covenant, or any part Mraof, sa~d MORTGAGEE m~y pl~ce end pay fw such insw~nca o? any psrt th~raof without waivinp or affectiny any option, lien, equity, or ~iflht und~r a by virtw of lhia Mortqag~, and the full uno~nt of each ~nd ~very such paymant sMll be immediately dus snd p~yabl• and thall beu intere~t from tM datt thereof until paid at the rat~ ot nir+r per centum p~r innum and together with sa+ch interesl :haH be secured by tF`e lien of thi~ rtwrtpage, 4. To p~rniit, commit or suffer no waste, impairment or deterior~tion of ~aid property or eny part thereof. 5. To p~y •11 ~nd sinpulu the costs, tMrgea ond expenset, inclvding a reawnsble attorney's fee snd costt of sbstrad~ of title, incurred o~ paid st •ny time by said MORTGAGEE, bscs~se w in the evant af the failure on the pa?t of the aaid MORTGAGOR to duly, promptly and fully psrform, discharqe, ~xecut~, etfect, tompl~tt, tnmply with and •b~de by eacfi and every the stipuletions, +greement~, conditions, end cov~nents of said promissory note and thi~ mortg~ys ~ny or either, and said cOSb, charqes and expenses, each and every, shall be immediate!y due and payable; whether or not ther• be norice de~ m~nd, attRmpt to co~lect w suit pending; ard the full amount of ea:.h and evsry such payment ~hall bear interest from the date thareof until paid st the r~te of nine per ccntum per an~wrn; ~nd all said cosrs, charges and expenses incurred a paid, togerher with such internt, ~hall bs trcured by the ti~n of thi~ ~~8~ 6. That in the svent of any breech of this Mortgage or defnult an the part of rhe MORTGAGOR, or (b) in the event a~y of i+id sums of money Mr~ln referr~d to be not prompfly and fully paid within thirty (30) days next afte~ the ~ame severolly bscome due snd psyable, without damsnd or notice, er (c) in the avent eath and every the ttipuletions, egreements, conditions and covenants of sa~d promissory nota and this mortgaqe sny w either ere not l~ly, promptly and fu~ly performed, d+scharged, ezecuted, affected, completed, complied with end abided 5y, then in eithsr or any such ev~nt tM :aid ~q~ pr~yat~ sum mentioned in said promissory note then remaining u~paid, with interest accrued, and all moneys aetured hereby, •hall betome due and p~y ~bl~ forthwith, or thereaftar, at the option of said MORIGAGEE, as fully and completely as if all of the aaid surtu of money were oriyinelly stipulated to b~ paid on tvth day, anything i~ said promizsory note or in thia Mortgage to the conerary notwithstandiny; and thereupon or thereafter at the option of t~id MORTGAGEE, withoui rrotica or demand, suit et law or in equity, therefore or thertafter begun, may be prosecuted as if all moneys secured hereby h~d-mat~red priw to its institution. 7. That in the event that ~t the begtnning of or at any time pending any suit upon thii Mortgege, or to fo~ecloae it, or to raform it, or to enforc~ payment of any ilsims hereundor, ua~d MQRTGAGEE shall apply to the Cour1 having jurisd~ction thereof for the appointment af a Rcceiver, such tourt shelt forthwith appo?nt a rsteive? of sai~ mortgaged property aii end singular, includ~ng aIl and singu~ar the income, profita, issues and revenues from whatover sourct derived, each snd every o which, it being expressly understood, is hereby mnrtgaged as if ipec~fically set forth and detcribed in the yranting and hab~ndum clautes heroof, •nd suth Rectiver shall have ell the broad and effectivtr funct~ons and powers in anywise entrusted by a Court tq a Receiver, •nd •uch eppoinhhent shall be made by such Court a~ an admitted equity and a matter of sbsolute rigAt to said M03tTGAGEE, and withaut reference to the adeqvacy or inadequacy of the vafue of the property mortgaged or to the soivency or insolvency of said MORTGAGOR or fhe defendants, and that such r~nts, profi», incoma, iuues and revenues ahall be applied by such Receiver eccordinq to the lien or equity of said MORTGAGEE end the practics of ~uth CouR. 8. To dvly, promptly and fullq perform, discharge, execute, effect, comptete, comply with and abida by each and every the stipulations, agreements, tonditiont and covenants in said promlesory note and this martgage iet fon7: 9. Tha! in the event the ownership of the mortgayed prrmises, or nny part thereof, becames vested in a perwn other than the MORTGAGOR, the MOStTGAGEE, its suttessors artd assigr.s, may, without notice to the IArJRTGAOR, desl with such successor or wccessor in interest with reference to thi• mo~tqape snd the debt hereby :ecured in the same manner as with Mortgagor without in eny way vitiating or discharging the Mortqagors' liability herr vnder or upon the debt hereby secured. No sale of thr prem~se~ hereby mortgaged and no furbearante on the part of the MORTGAGEE or it~ tuctessors or aulgni and no extension of the time for the payment of the debt hereby secured fliven by the MORTGAGEE or its successors or assigns, shall operate to release, diacharge, modify chan~e or affect the original liability of the M4RTGAGOR herein, either in whole or in part. 10. It is epetifically agreed that time ia o.` the eosence of this contract and that no weiver of any obl~~ation hereunder or of the obliqation se- cursd Ixreby ahall at any tirne thereafter be held to be a waiver of the terms hereof or of the instrument secured Mrby. 11_ In addition to the forego:ng monthly payments of princ'pal and interest required by the promissory nore secured here'~y, mortgagor covenants and agraes to pay to mortgages with each monthly payment an add~iional sum estimated by martgagee to be equal to 1/12 of thz annual cost of the follow- ing: A-Al) real property taxes lavied or assessed against the above described real esrata. B-Premiums on fire and wir.dstorm inwiar,ce as herein requ~red to be carried en the improvementa situate on the ebove de:tribed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgegee shalf from time to time notify mortgag ~n writ~ng of the amount due and payable hereunder and suth sum ahalf thereupcn be due and payable on the due date of the next month!y payment and each waessive month thereafter until mortgagee :hall notify mortgagor of a change in such amount. 5uch s~ms sFall be epplied by mortgagee toward the payment of reel property taxes, ins~rance prem;ums, and mortgage guaranty insurar.ce premiums. IN WiTNE55 iNHE Of, the s id MORTGAGOR has hereunt~ set his hand and senl the day and year first aforesaid. Si~ned, Ss~led a deli in th e of: ~ ' ~ 5eel) ' ~iale _ _ (saai> (Seal) E OF FLORIDA ~ 55. COUNTY OF S A j*~ ~ LLil` i~ befo'e me penonally appearcd Helen L4. KnierinQ_ e_W~ dnw _ ~ ~it~t8~to me well known and known to me to be Ihe individu~lydesuibed in and who ezecuted the foregoing instrument, end acknowledged before me that ~i»y-executed the wme for the purposes therein ~xpres~ed. And•~F» ~aid $r1@t wifs~~o~f t4~e ~ad .~+poa a aep•••,• -^a pt~tAie - r~+r~iratiow ~T rwe-t~fwew ~e~rewh ~nd-epaw~r~w? ~s~ rai~ltis~«~r ydewow~lid~~drt~ sni ~fM~.~ws.ti~a? a~w ~~c++t~ti:d irwcuwSrfreoly~ aad rA4~-_ ~ 1~r~ilr ~rr~ .~~f w~y-cr.wp~lwowi-v++wswi~tr ~r~h~ -fsew ~-o' ir~i»r~.wid~`'~ n~. ~ y WITNESS my hand and otficial seal thid day af "@pt8 ber A. D. 19 6-' i Notary Public in end for the 5tata o Florida et,l.irpa My Commi~sion expires: ~r 1~~~ : ` ~ j., ~ R°t~'^ T°: FILED AND RECORDED Fint Federal Savings 6 Loan Associatiqn ~ p ! ' y~ ~ Of fort Pierte. ~ ~ : J ~ ~ K I ' i't (,~R~a~ 'j , h' - Fort i'4erce,. Florida C~, _ y~--~ • 1358 _ ' . 0 G . . . . I; . ~ 't~•C{~t . __;TrLhIORyT _ r ~ i ; ~~5 S ~ P I 3 P~~ 2 : 3 ! ~ - . _ - - - ; ~ ft ~wy~~ ~ , . l; _ v ' ~ . _ `r -:--~----~1 - ROGE r~ ~:;~"i~n;~S. CLERK ~ - - ~ _ ST. LUCIE COUNTY. , . ' , ~ ~ . ~ ~ c:' FLORIDA • 800K~~~ ~ . ~ ~ - - ~ - - ~ - _ - -