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Home My WebLink About1897 t' . ` ~ 3. To plac~ ~nd continuously kctp on !he buitd;ng~ now w hereafrer ~ituate on said land and on all equipment ~nd person~lly cov~red by thi~ matp~ sgs, with al) premiu~rq thercon pa~d in full, f~re +nsurance ~n ~he usual sundard policy fonn, jn • suM approved by the MORiGAGEE, a~+d windstorm ins~r~nc~ in tM ~sual ~ta~dard pol;cy twm, in a svm spp~oved by ~he N10RTGAGEE, in tuch compa~y w cor?~panies ~s tM MORTGAGEE may d;rettJ and all tir~ ersd winds~orm iniurance policies on a~y of sa~d bu~~d~ngi, a~y intere~~ therein o~ part thereof, in tha ~ggreqste sum sfaesaid or In ~xc~u Ihcreof, ~II cont~in the ~i~al standard mor~9ayce dause w such othe~ clauts as the Mortgagee may ~equi~~, makinp IM loss under said poli~ c~et, each and every, payabk ro said MORTGAGEE as i~s inrerest may ~ppear, and each and every :uch policy fhall be promplly s1a.9ned and delivered to any Aeld by said MORTGAGEE as further security to said mortyage debt, and, not leu than ~en (10) days in advance of the expiration of each poliq, to de- t~w~ to said MORTGAGEE • renewat thereof, rogerhe~ w+th a rece~pt iw the premium of such renewal; and there ihall ba ra f~re a windstorm inivrance pl~ced on ~ny of said kwildings. ~ny intere~t therein a p~rt thereof, unless in ~he fo~m'and with the loss payabte as afaesaid; ~nd in ~he event any tum of money becomes paysble under tuch policy w policies said MORTGAGEE shall Mve the option ro reteive and apply ths same on accounl o~ the indebted- neu tecv~ed hereby a ro permit said MORTGAGORS to teteive and use it a any part thereof Icr otncr purposes, wi~hout th~rEb~ waiving w ~mpair- ing any pvity, lien ot right under a by virtw of this matgage; ~nd i.~ the avent taid MORIGAGORS shafl fo~ any reason tail fo keep the said premise~ so insurtd, o~ f~il fo deliver promptly any of said poli~ies of insun~ta to sa~d MORTGAGEE, or fail promptly to pay fully any premium therefw or in ~ny raspect f~il ro periam, discharge, execute, eifed, tomplete, tomply with snd ~bide by thi~ cove~an~, a any part hereof, ssid MORTGAGEE may plsce and paY fw ~uth insu~anc~ w ~ny pa~t thereOf without wstving or ~(fectinq any option, lien. equity, a?igh! under o~ by virtw of thi~ Mortgaps, and the fu)I amounl of each snd every suth payment shall be immediately dua.u~d payabls and sF~all bear interesl from ~M date thereof ~~til paid sl tl?~ ~a1~ of nine pe~ sentum pe? ~~num and togethe~ with sucA interest shall be secured by the lien of this mortgage. To permit, canmit or wffer no waste, impairmeM or deter'aration oi said property a any put theieof, 5. To pay all ~nd sinpul~r the ~costs, charges and e:penses, including a ~easonable attwney's fee and costs of abstradt of titte, incvrred or paid a~ sny time by said MORTGAGEE, because or in the event of the failure on the part of tF~e said MORTGAGOR to duly, promptly and fully perfam, d~scharge, execute, effect, compkte, tomply with and ab:de by esch ~nd every the stiputat~ons, agreemenn, conditions, and covenann of said promiuory note and th~~ mortgage any q e~ther, and sa~d costs, cbarges and expenaes, exh and every, shall be immedistely dve and payable; whetFur w not the~e be notice de~ mand, attempt to colled w~uit pending; snd the full smounf of each aod every s~ch paymem shall bear interes~ from the date thereoi untii psid af rhe rate of nine per centum per amium; and all taid custs, charge~ and expenses incurred or paid, together with such intereat, shall be secured by th~ lien of thit mortgay~. r A. lhat (a) in the event of ~ny breach of this Matgsge or default on tM part of the MORiGAGOR, or (b) in the event ~ny of is~d sums of monsy hercin referred to be not promptiy and fully paid wirhin th~rty (30) days next afte~ the same seve?aJly become due and p~yabte. withow demand w notice, or (c) in the eve~t e~ch and every the stipulaYror?s, sgreernents, cond~tions snd covenants of sa+d promiuory note and th~s mortgage any a either are ~ ~uly, promptly snd fully pxformed, d~scharged, executed, effected, completed, comptied with and abided by, fhen in eirhN o~ any such evero !he said sg- gregat~ !um mentio+~ed in said prpmiuory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay- abte forthwith, w thereaftzr, at the option of aaid MORTGAGEE, as fully and comple~ely as if atl of the said sums of money were aiginaHy sr~putated to be pa~d on such day, anything in said prom7ssory rrote or in thia Mortgaqe to ~he contrary notwithstand~og; and the?eupon or thereafter at the option of said MORTGAGEE, without notice w demand, s~it at taw or in equity, therefo~e o~ the~ea(ter begun, may be prosecuted as if sll moneys setured lxreby had matured pnw to it~ institution_ 1 7. That i~ ths even: that at the beginning of w ar any time pending aoy ~u'~t upon tb~s Mortgsgc, or to faeclose it, or to refwm it, o? to enforcs ' paymeM of a~y tla~ms he~eunder, aaid MORTGAGfE shall apply to the Cou~t having junsd:ction ~hereof for the appo~ntment of a Rece~ver, svch Court shall ; Fortliwith ~ppoinl a receiver of said mortgaged property all and singvlar, includ~ng all and singutar ~he income, profits, issues and revenues from whafeyer source derived, each snd every of whKh, it bei~g expressty undcrstood, is hereby mortgaged as if spec~fically ut fwth and desa~bed in the grsn~ing and habenclum clauses hereof, and such Receiver shatl have all the broad and effect~ve funu~ons and powers in anywise entrusted by a Court to a Receiver, a~+J such appointment shall be made by such Court as an admitted equ~ty and a matrcr of absolute r~ghl to sa~d MORiGAGEE, and without te~erence to the edequacy w inadequaty oi the value of the property mortgaged or to the soivcncy or insolventy ot said MORTGAGUR w the delendants, and that tuch renn, profits, incort~e, issues and rerenues shall be appGed by such Receiver accordiny to the lien w equity of said MORTGAGEE and thr practice of such CouA. B. To d~ly, promptly and fully periwm, discharge, execute, eflect, comp(ete, compty w~th ~nd abide by each and every the stipulations, agreements, i conditqns and covenants in sald promiuory note ~nd tha mortgsge set fwth. 9. That in fhe event the owncrship of the mortgaged premises, or any part thtreoF, becomes vested in a person olher 11wn the MORTGAGOR, the MORTGAGEE, its succcuws and assigns, may, wi~hout notice to the MORTGAOR, deal w~~h such successw o? successor in interest with ~efere~ce to this mortgage and the debt hereby secured in the ssme manner as with Mortgagor witfiout in any way vitiating w diuharging the lAartgagori liability here. under or upon the debt hereby secured. No sale of the premises hereby mortgaged and rro forbearance on the Fart of the /~10RTGAGEE or its successon ar assigrts snd no e:teos~on of the time fw the payrnent of the debt hereby secured given by tix MORTGAGEE or ifs successws ot au~gns, ahall operate to release, discharge, rtwdify change a a(fect the orginal tiabit~ty of the MORiGAGOR herein, eilhei in wFale w in psrt. 10. It is spec~fically ag.eed that time is of the esunce of fh;s contracf and that no w~iver of any obligation hereunder or of the obligaYa~ so- a.red 1?ereby thall at any time the~eafter be held to be a waiver of the terms hereof or of the instromem secur~d he~by. 11: In add~tion to the (wego:ng mw+thly paymems of prin~ ppl and interest required by the prom~ssory note secured hereby, mongagor covenanls i and agreea to pay to mortgagee with each monthly payment an addiriana! sum esf;mated by mortgagee to be equai to 1/12 of tho annual cost of the iollow- ing: A-All real property taxes levied or assessed against thc above described real estate. B-Premiums on fire and windstorm insurance as he~ein requ:red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranry insura~~ce as mortgagee sha!! f~om tlme to time deem fit to wrry on the Ioan secured hereby. Mortgagee shall from time to time notify mortgagor in writ;ng pf the amount due and payable herevnder and such sum shall thereupo~ be due and payable on the due date of the ~ezt monthfy payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in svch amount. $uch sums sFall be applied by rtwrlgagee toward the payment of real property ta:es, insurance prem;ums, and mortgage guaranty insurance promiums. IN WITNE WHEREOF, he said MORTGAGOR has hereunto set his hand and seat the day and ar first aforasaid. ~ Syi+ed. St an d ti r~~~~estnce of: ~ i / ' t ~q , - rc'+~ ~ cs~•n ~se.~ ! 57ATE OF f10RIDA I ~ ' couNn oF St. Liici e i s~ra~ me perso,wrry ~ppea.ed ~ertha Russakis, a sinE~ ac~~llt i +'na_ ' fi~s wIR, fo me well known and known to me to be ; the individu desuibed in and who executed the foregoing instrument, and acknowiedged before me that t~y-e:ec~ted the same for the purposes therein e:pressed. AWC~HC~t~L P ~ ~ifi~EJ6)CiiC~[~Y ?~?W~~~~~C~~~X ; ?fi. ~ 4C+Ji~4K7Q~lCfC9Q4ChF4C9CD~ ]~l[X~GiILdCiG,'i!~ C~fi~~a~ir?L7t ~90QCi40UEDQlLDCIQ~ iidC?6~ C~6?C]fe]E ~ WITNESS my h~nd and official seal th~s__ `p~~ day of A D. 19~ ~ Notary Public in and fw the State qf Flotidi at lar~e Return To: My Comm~ssion expirei: ~~/~9/`~ Fint Federil Savings a Loan Associat;on C ~~E 1:u?,'•~~ _,:1 af IARGF ~ j ' or Fo., P,e.«. EO AND RE ? p OK F~~. f.:Y C _ . _ . ~ _ ~3. 1968 ' _ ' . ~ Fort Pierce, Fbrida _~{i~~~~ E~•. , ,.-T ' ~ - j . V { ('J'l~'~""" _ , • . ' : ` ~ } i. rt . - : , _ _ PM 3. 03 : ,~6 c~ 3 ~ - , . . i~~:~~~ ~~i ~~rc - : , _ ' . .k - ~~G~~, . •~1E •Cfl~y i Y. - . . ; , v ~ f._~ - : `L ST' FLaRIDA E _ . ~ BooK 142 f~ . 't•~" .~1 ~ _ . . . ' _ _ _ , ~`3~`~"....'~-"'.~~".~.~'~`..L~~, " ~ ,i`~~~'°~~V.,_