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Home My WebLink About1391 To piate and continuouily keep on the buildingi ~ow a hereaftN situate on sa~d land and on all equipment and ptnon+llY cov~~ed by thii mor1~ ~y~, with all premivrrp ~hereon pa~d in fuil, fire insur~ncs the usual standard policy form, rn a ium •pprovtd by the MORTGAGEE, and wind~twm insurance In tht ~sval standard policy iwm, i~ • sum app~oved by ?he MORTGAGEE, i~ tuch company or tompaniei ~he MORTGAGEE msy d'uettj snd all fire and w~ndstorm ins~ra~ce polcc~ei on any of sa~d build~n9s, ~ny InttrOfl Iherein Of p+?t thereof, in tM +~reg+re tum ~foreuid or In ~xcess ~hereof. ~h~ll contain the uswl s~andard mortgagee clsuse or such othe~ cl~uu u the Ma~g+gee may ~equir~, m~kinp the ioss undN ta~d poli~ cies, a~ch ~nd every. p+yabk to said MORTGAGEE ~s iq iroerest may appNr, ~~d each ~nd every s~+ch policy ihall be promptly eu:g~+ed and delivered to any held by s~id MORTGAGEE ~s furtMr iecvrity to said mor~page debt, and, oot teu ~h+n ten (10) days in advar+ce of the expir~tion of e~th policy, to da Ilv~r to uid MORTGAGEE s renewal thereof, togetMr wiih a rece~pt fw the p~emium o( such renewal; and ~here ihsll be no f~re o~ windstorm insuranc~ pl~ted on ~ny of said buildirgs, +ny i~tereil therein w part thereof, unleu in the torm'~nd with the lou payable as aloresaid; +nd in IM event any sum of money becomet pay+ble under iucA policy w polKies said MORIGAGEE shall h~ve tM opt~on•to receive and apply the iame on xcount o1 the i~debted- neu secvred hereby o? to permit said MORTGAGORS to ~eteive ~nd use it w any pa~t the~:of for othcr purposes, without tharEb/ waivi~y w ~mpair- inp a~y pv~ty, lien or rght unde~ w by virtus of this ~o:tyage; and in ~h~ event iaid MORTGAGORS shall for any reason fail to keep the isid p?emius so insured, a fai~ to de~iver promptly ~ny of said policies of insunncs to taid MORTGAGEE, w fail promptiy to pay fully any premium therefw w in a~y r~spect (ail to perfocm, discharge, execute, effect, complete, comply wi~h ~nd ab~de by ~his covcnant, w a~y part hereof, iaid MORiGAGEE may place snd p~y fw suth insurance w+ny part thereoi without wsNir+g or sffettinp any optipL IiM, equity, w right under w by virtw of thit Mwtpa~e, and 1hc full smount of each and every such payment shall be immediately dw +nd payable ~nd shall bear interest from ths date thc~eof until paid a1 ths rat~ ol nins per centum pe~ annum and to~ether with such interest shall be secured by tF?e lien of this mortgsge. 1. To permit, commit a sufter no wa:ts, imp~irment w deterioration of said property or sny parl thereaf. 5. To pay sll ind singular the <osts, charges snd expenxs, :nclud~ng ~ reasonable atto.neY's tee and costs of abstrscn of titte, incurred o~ paid at any time by said MORTGAGfE, because or in 1he event of the failure on the part of the said MORiGAGOR to duly, promptly and fully perfwm, d~schar9e• •xecute, effett, complete, comply w~th and ablde by each snd every the stipulauons, agreements, conditions. and covenants of iaid promissory note and this mwtgage any w eitlxr, and u~d costs, cha~ges and expentes, each ar+d every, shall be immcdiately due and psyabte; whether or not there be not~ce de mand, attempt to colled w wit pending; and the f~ll amount of each ar+d every wch payment sh~ll bea. interest from the date thereoi until paid at the rate of nirte per centum per annum; and all said costs, charges and expenses incurred or paid, together with such interest, shall be secured by the lien of tha mortpsye. 6. Th+t (a) in the event of any b?each of this Allwtgsge or default on the paA of the MORTGAGOR, w(b) in the event any of said sum~ of money herei~ referred to be not promptiy and (ully paid within thirty (30) dsys nea~ after the same xveratly becane due snd payable, without demand or notite, o? (d in the eveqt each ~nd every the stipulations, agreemenrs, conditions and toven~nts of sa~d promiswry note snd th~s matgage any or either are no1 ~uly, promptly and fully perfwmesl, d~scharged, executed, effected, completed, complied with and ab~ded by, then in eithe~ w+ny such event the said ag pregste sum menrioned in ssid promissory note then remaining unpaid. with interest accrued. and all moneys secured hereby, shall betome due snd pay- •ble forthwith, a therca(te?, at the option of said MORTGAGEE, as fully and completely as ii all of the said sums of money were a~ginally supulated to be pa~d on such day, anything in sa:d prom~ssory note w in this Mortgsge to the contra~y notwithstanding; and thereupon w the~eafter a~ the option of ssid MORTGAGEE, without not~ce or demand, suit at law w in equity, thcretwe or thereaher begun, may be prosecuted as if all moneyt secured hereby had matured pnw to its institution. 7. Thst in the event that at the brginning of or at any time pcndirg aoy suit upon this Mwtgage, w to foreclose it, or to refam it, or to enforte payment of any tlaims hereunder, said MORTGAGEE shall apply to the Court having jurisdiaion Ihereof for the appo~ntment of s Reteiver, such Carrt shall (ortFiwith appoint a receiver of said m«fgaged property all and singular, includ~ng aIl and singular the intome, profits, issues and revenues from whatever wu~ce derived, each and erery of wh~ch, it being expressly understood, is hereby mortgaged as if epecifically set fath ~nd described in ~he g.anting and habendum clausa hereof, snd such Recciver shall have all the broad and efiec~ive funcnons and powers in anyw~se entrusted by a Court to a Receiver, and tuch appo~ntment shall be made by such Cou?t as an admitted equity ared a ma~ter of absolure right to said MORTGAGEE, and without reference to the adequacy o~ inadequacy of the value of the p~opnty mortgaged or to the sowency or in:olvency of said MORTGAGOR o~ the defendants, and that such rents, profits, income, issues a: ~ revenves shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the p~adice of such Court. 8. To dul-r, promptly and fully perfwm, discharge, execute, efiect, mmplete, comply with and sbide by each ~nd every the stipulations, agreements, conditioni and covcnanrs in sa~d promissory note and th~s mortgage set fath_ 9. That i~ the e~ent the ownership of the mortgsged premises, or any part thereof, becomes vested in a person other fha~ the MORTGAGOQ, the MORTGAGEE, its succeuws and assigns, may, withouf norice to the MORTGAOR, deal with such successor w successor in interes~ with refere~ce to thia mortgage and the debt hereby setured in the same manner as with Mortgagw without in any way vitiating o? dixharging the Mortgagori liability here- under a upon the debt hereby secured. No sate of the premises hereby mortgaged artd no fwbearance on the pa~t of the MORTGAGEE or its successors or assigns and no extension of the tinx for the payment of the deb+ hereby secured given by the MORTGAGEE or its successors w suigns, st»tl operate to release, dischsrge, mod~fy change w affect the original liab~l~ty of the MORTGAGOR herein, either in whole w in part. 10- it is speuficalty agreed that time is of the essence of this con~ract and that no waiver of any obligatEon hereunder o? of the oblgatan se- n.red hereby shall at any tune thereafter be held to be a waiver of the terms hereof or of t}K instrument secu?ed herby. 11. In add~tion ro the forego:ng monthly paymenls of princ'pD~ and interest required by the prom~uory nore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthiy pay.r+ent an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-All real property taxes levied or assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from ?:me to time deem fit to carry on the ban secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amo~nt due and payable hereundrr and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month fhereafter ur.til mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property tazes, insurance prem:ums, a~xJ mortgage guaranty insurance emiums. 1 WI NESS WHE said MORTGAGOR has hereunto set his hand and seal the day and year first aforasaid. I I a del' ' the presence of: ~ ~ aq ~ (Sesl) (5eal) (Se+D STATE OF FLORIDA ~ St. Lucie couNn oF • 8efore me personally apptared \e15on E. ROlle ESSle ~fae Rolle his wife, to me well known snd known to me to be the individusls desaibed in and who executed the fwegoing instrumcnt, and acknowledged befwe me that they executed the same fw the purposes tF?erein expressed. And tF~e said ES S 1@ Plae ROl le wife ot the said ~@1 SOTI RO11 @ _ _ upon a xparste snd priv~t~ examination by me taken separate and apart from her said hvsband, atknowledged to and befo~e me that she executed said instrument freely and volurt- tarily and without aryr compulsan, constraint, apprehension,~ fear of or from her said husband. . WITNESS my hand and offitial seal this ~ ~ day of Februar A. D. 19 68 Notary Publ' ~n and fw the State of Florida ~t large My Comm~ on eapires: Return To: first Feder~l Savings 3 toan Association Of Fort P;erce. -~.:ti:r;; . 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