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Home My WebLink About1688 3. To p~ate and tontinuously keep on the b~i'dings nova or hereufter aituate on seid land and on ali eryvipment end personally covered by thif mortg• age, with ell premiurttf ~hereon pa~d ~n f~ll, fir-r insurente in the ~aval frondard policy form, ~n a sum aNproved by ~he MOR~''vAGEE, and windstorm in~urance in the uswl s~andard poi:cy form, in e svm appioved by the MORTGAGEE, in wch cornpany or compan~es as the MORTGAGEE may diroct; end atl fire and w~ndsrorm inivrer.ce pol+c~es on any of sa~d builr~~ngs, any interest there~n or part thereof, in the agg~egete sum atoresaid or In exces~ thereof, shall conta~n the usvai standa~d mortgagee clause or such other clause as the htortgagee may requ~re, meAing the los~ under ta~d poli• cief, eech snd every, payab!e t~ said MORTGAGEE as ~ts interest may appear, and each end every s~ch poiicy shall be promptly ass gned and delivered to ~ny held by said MORiGAGEE as further security to said mortgage debt, and, not less then ±en (10) days in advante of the expiretion of each pol~ty, to da- livet to said MORTGAGEE a renewal thereof, tugNher with a rece~pt fo+ ihe premium of such ~enewal; and there shall be no fire or winds~o*m insuronce placad on any of ~a1d buildings, any interest thrie~n or pert thareof, unless in the form'and with the loss payable as aforeseid; and ire the event any a~m of money becomes payable under such policy or pci~ciee said MORTGAGEE shall heve the optio~ to rece~ve and apply tha same on accuum o~ the ind~bted- nesi secured hereby or to parmit sald MORTGAGORS 1o receive and use it or any part thereof fer othcr purf-oses, v~~rhout iharc~; wa~v~ er ;~np<~~r- ir~y any equity, lien or fght under or by virtue of th~s mortgage; and ire the event sa;d MORTGAGOR$ shall for any reason fail to keep the said prem~ses so insu+ed, or faii to deliver promptly any of said po~~ues of insurnnce to sa~d MORTGAGEf, or fa~l promptly t~ pay f~lly any premwm therefcr or ?n any respect feil to perform, d~scha~ge, execute, effecl, complete, tomply with end abide by this covenant, or any part hereof, said MORiGAGEE may place a~+d pey for such insurance or any part thereof without walving or affecting any opt~on, lien, equity, or right undar or by virt~e of sh~s Mortgage, and the full amount of eath end eve~y auch paymem shail be immediately due and payable and aha~i bear interest f~om the date thereof umil poid at the rate ot nine per centum per annvm and tugether ~nith svch interest sh~il be secured by the lien of this mortgage. 4. To permil, commit or suffer no waste, impairment or deterioration of said property or eny part thereof. 5. 7o pey ell and singular the ~costs, charges and expenses, including a reasonable atrorney's fee and costs of abstract~ of title, incurred or paid at sny time by said MORTGAG.E, 6ecaus~ or in the event of the failure on the part of the said MORTGAGUR to duly, prompt~y and fully perform, d~scharge, execuie, effect, complete, tomply with and ab~de 5y each end every the stPpulanons, agreements, conditions, and covenants of said promisaory note and th~s mortgage any or e~ther, and sa:d costs, charges and expenses, each and every, skall be immediately d~e and payable; whether or not therE be notice de~ mend, attempt to collect or suit pending; and the full amount of each and e~ery such payrrar.t shall bear interest from the date thereof ontil paid at the rate of ~ine per centum per ann~:r,; and all said costs, charges and expenses inc~rred or pa~d, together w~th such interest, shall be aewred by the Iten oi thi~ mo: tgage. C. That (a) in the event of any breach of rhis Mortgage or defauh on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money ; hercin referred to be nci promptiy and fully paid within th:rty (30) days nexi aher the same seve~aily became d~e and payabie, without demand or no!ice, ~ or (c) in the evertt each and every ihe stipulations, agreements, conditions and covenants of sa:d promissory ~ote and th~s mortgage any o~ ei~her aro nof july, prommly and fully performed, d,scharged, execvted, effecred, completed, compGed with end abided 5y, th~n in either or any svch event tha said ag~ preqate sum mentioned in said promissory note t~en remaining unpaid, with in~erest accrued, and a~l moneys sec~red hereby, shali become due and pay- eble forthwith, or ihereafter, at the oprion of said MORTGAGEE, aa fully and complerely as if aIl of the sa~d sums of money were originaliy stipulated io be paid on such day, anything in sa;d promissory note or in this Mortgage to the contrery notevithstanding; and th•-reupon or thereaft..r et the opt~on of seid MORTGAGEE, wifhout norlce or demand, suit at law or in equity, therefore or thereafrer begvn, may be prosec~ted es if all moneys secuted hereby had mat~red prwr ro its instituticn. 7. That in the evenl that at the beginning ef or at any time pending any s~it up~~ this Mortgage, or to foredose it, o~ to reform it, or to enforce payment ef any daims hareunder, said ~MORTGAGEE shall apply to tha Co~rt having jur~sd~ction thereof ',or the appomhnent of a Receiver, such Co~r! shail Forttiwith appoint a recei~.er oF said mertgaged property all and singu!ar, inc~~d~ng all and sing~lsr the ir.tome, p~oins, issves ar,d revenues from wFiatever so~rce derived, each and ever•y of wh~ch, ir being expreasiy undersrood, is herFby morrgaged as if speclf~caily set forth and describ>r1 in the g~an~ing and haberdum cln~ses hereof, and wch Recriver shall have alf the b~oad and effecY;ve funu:cns and powers in anywise entrvsted by a Court to a Receiver, ar.d ei,ch appoimme~~t sheli be made by s~ch Court as en adrnitted eq~~ty ar.d a matter of abso!ute r~ght to said MORTGAGEE, and wi+hout reference to the edequacy or inadzquacy of rhe vaiue of the property mortgaged or to the so.vency or ~nsoivency of sa~d MORTGAGOR or the defendants, and that such renss, profits, income, iss~es ar.d reven~es shali be appl~ed by such Receiver accord,ng to the Iien or equity of said MORTGAGE~ end the pracrice of s~ch Court. 8. To duly, prompt!y znd fully periorm, distharge, execute, e4fect, complere, comp;y •.vl+h anc! abide by each ard every the stipu!ations, agreements, conditions and ccvenan~s fn sa~d promissory note and th~s mortgage set forth. 9. That in the event thc ownershlp of the mortgaged prem~3es, or any part thereof, becomes vested in a person o~her thar. the MORTGAGOR, the MORTGAGEE, its successors and ass:gns, may, without rotice to +he A10RivAQR, dea! with s~ch successor or successor in interest w~tn reference to this moitgage and the debl hereby secured in rhe same manner as vr~th Morrgagor w~thout in any way vitiating or d,scharg~ng the 111ortgagors' liabil~ty here~ under or upon the debt hereby sewred. No sa;e of the premises hereby mortgaged and no forbearance on the par~ of the ~~ORiGAGEE or its s~ccessors or assigns and no extens~on of rhe time for rhe peymenf of the debr hereby secwed g~ven by rhe ~J~ORTGAGcE or its wccessors or ass:gns, a~-~all operate to release, d~scha~ge, modify charge e~ affect rhe orig~nal lia~,l~ty of the MGR?GAGOR hereln, either in whole or in part. 10. It is speutically agreed that Nme is af the essence of this contract and that no weiver of any obl~gaticn hereunder or of the obiic~ation se- c~red hereby shall at any time thereafter be he:d to be a waiver ef the terms hereof or of the instr~ment aecured herby. 11. in aod.tion to rF,~ forege ng month!y payments of princ p~~ acd interest requ~red by the prom:ssery nC'f 54C~r@d herib~, m~rtgagor covenants and agrees to pay ro mor!gagee v.i;h eacF momhiy payr~ent an add~~~onal sum es~ ~ a!ed L~ rnw!gagee ro te eGuai to 1, 12 of th< annua! cc;r of the ioliow- ing: A-All real prooerty tax~s levi~d er assesscd a33i^.s! thc acove describcd rral estat>. 8-Premiums on fire ard winds'erm insuracce a> here~n requ~red to be carried on fhe :mprova~ne~ts sit~ate on th~ above d~svibed premises. I C-Premlums on such mortgage g~a~anty insura~ ce as rne•igayee shall frcm ; me ro time deem f~t ro carry on the loan secured hereby. Mortgagce sha'i frem ti;ne tc t~-~.e notify mortcagor ~n wrir~r.g of the a~~ou~r c„n and payab!e hereundcr and su:h suT, sha'I there~~;or. be due ard Fayabie on the due oate of the r.ext month!y payment and eacii success~ve rr~omh thereafrer ~rnl; mc~roagee sha!I not~fy mortoaaor or a change in such arcount. Such wms shall be aprGed by mortgaqee tor+ard ~he paymer.t of real prepeity taxes, insuranc? prem;ur.s, and m,orty~ge guaranty insvrante premiums. IN WITNE55 WHEREOP, !he sa~d MORTGAGCR has nereun?o set his hand and seal the day and year fint aforesa;d. 5~gned, ed and livered in ine presente af: ___~,1~'ti"-?~~_.~_._ ~ -L ~ ` ~rr ~ ~~aa.,i ~ ' ^ ~ L ~(Seal) ~ ~ (Seai) ' • Y_` _ tSeal) ~ ~ _ ~ (Seei) $TATE OF FLOk10A ~ St L•ucie COUNTY Of • ~ _ 1 Robert F. Willems Before me personally appeared _ - ~ end ~ 1 t 8 tiAT 1 1 1@:T18 _ h~s wife, to me we!1 known ar.d kno.vn ro me to be the ind~viduals desuibed in and who executed the feregoing instrument, and acknow!edged bef~~e me that they executed the same for the purpases therein exGressed. And the said-__~- ~g L ~il-leffi~ _ _ wife ot the sa~a _ ~ Robe rt F'' , W i 1 lems upon a sepa~are and private examination by me taken sepa.a?e and apart fro.n her sa~d h~sband, acknow!edged ?o anrS before mc that sha executed said instr~ment freeiy anu valun- tarily and w;thout any comp~liion, ccr.straint, apprehens~on r fear of or from her said husband. WIiNE55 my hand and offic~el seal tFis__ ~ day of _ D~ L` 8n'ibe i A. D. 19 h~ ~ -L+=~-~s-~~~'~t'i1X!~ _ Notary P~bl' in and for the State of Fiorida at large My Cornmis ion expires: Return To: c Fir~t Federal Savings d. Loan Asse:~at;on Rr R~`O J tdOttfry nUbt~^, 3td~~ Of ~r_,r`r!~ at l~r.rge Of Fort PieKe. A~ D p 0 Co'~t;t; .C~ AUg. 5, 19fi7 Bandsd 6~ An;er~can ~ur~i L'o. of i:. 'f. ~D'r~' P~h+r~,; Florida ~ ~ y ; . ' = 1 N , ~ ~~t.~ : i ; \ • ~ (11,(,. j , C7' . , . : ~ ; , : %ai , ~ 0 ~4~ 1: ~9 . ~ ~"j;>- > _ ~ c, =c 2 ~ ~ , _ ~ ~~-11~ ~~~RK . _ - t: .;;;~•.~.'~C ~ ~~;C,"~~~-~ ~ 1~E'~~~NTY. . . - - ~ . - : ~ ~C o R,p A . ~ K; : . ~ L ~ ~ . } ` Boo~133 48(J~ ; ~ . ~ ~a~ ~ f ~ . _ . . _ ~,f.- -