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Home My WebLink About2559 , 3. To plac~ and continuously ktep on tM b~ildingi now or Aereaf/e~ situatt o~ said land and or~ ali equipmenf ~nd penon~lly co~r-ed by thi~ mort~ ~ ap~, w;lh al! pi~miurrAt ~h~rcon paid in fu14 iire insur~nce in the usval standa~d polity form, ~n a ium app~oved by the MORiGAGEE, and wir?d~torm Insur~nce In tM uiual ttandard pol~q fam, in • sum spprovet) by tAe MORTGAGEE; in such canpany or companies ~s the MORTGaGFE may ~ d'u~dj ~nd alt fi~e ~nd windslorm insurance policies on any of iaid buiM~nys, any int~r~s~ tFxre+n ~ part thereof, i~ 1h~ ~ggrepat~ ~um aforetaid w I~ ~acess Iher~of, iMll contain ths usval ~undard ma~gs9e~ claute w such other clauss ~s tM Mortyagee may require, makinp tl+~ lou undcr said po1F cia, each ~nd ~very, payabk ro said MORiGAGEE ~f iti inte~est msy ~ppaar, and each and eve~y svch policy shall bs p?omptly ass:g~ed u+d delive~ed to u+r held by said MORTGAGEE ~s iwther security to said mat~sge debL and, nof leu 1Mn ten (10) dsys In advance of the expiration of each polity, to d~- liv~r to aid MORTGAGEE • ~tnewal thereof, topetht? wi~h a roceipt fa the p?emium of such renewal; and the~e shall be no fire or wind~torm insunnct pfactd on a~y of iaid buildiigs, any interest therein or part 1M~eof, unless in the forrti ~nd with the loss payable as aforesaid; and in ~i~e evenf •ny sum of mon~y becomes payable under such policy w policies isid MORTGAGEE shall have the option to receive and apply the same on accouro o~ ~he indebted~ ~ ntu sacvrad h~reby w ro permit ~aid MORTGAGORS ro receive and uf! it d ar,/ part thereof for othcr purposes, wi?hout th~~Eb~ wa~.ri~ig a impair. < ina any equiry, lien w ~~ght onder or by virtue of fhis mor!gaga, ~nd in th~ svent said MORTGAGORS shsll tw any reason fail to keep the said premixs w y ins~rod, w fail fo deliva promptly ~ey of said polities of ini~nnce to said I~WPTGAGEE, or fail p~omptty fo pay f~lty any p~emium the~efw o~ in any ntpecl fail to pe~focm, distiurge, execute, eifect, tomplete, comply with ~nd ~b'~de by this covenaro, or any part hereof, said MOR7GAGEE msy plsce and paY for tuch iniurant~ ot any part thereof without w+lvinp a affecting ~ny optiOn, liee. ~quity, ot right under or by virtv~ of this Matgaye. and tht full amount of exh ai+d ewry suth paymcnt shall be immediatety due and psyabls and shall bear intere~t from ths date thercof until paid ~1 ths r~t~ ot nir?~ psr cenwm per ann~m and together with s~th interest shall be sacured by the lien of this mortgaye. 1. To permit, commit or suffer no waste, imp~irmem or detcrioration of ssid properry w any pah thereof, S. To pay all and singulu the.costs, charges and expenus, includiny a reasonabte attwney's fee and costs of abstracts of title, incurrad or pa~d at •ny time by ssid MORTGAGEE, becauss or in the event of the failu~e on the psrt of the :aid MpRTGAGOR to duly, promptly and fvlly oerform, d~uharge. exetute, effed, complete, tomply w;th snd ab~de by each snd every the stipulations, sgreeme~ts, conditiona, and covenants of iaid promissory note and this matg~pe any or eithe~, and sa~d costs, chargea and expen~es, e~ch and evNy, sMll be immediately due and payable; whether a not tAere be notice da mand, ~nempt to collect or svit pending; and the ful) smount of esch and every such paymem thall bear i~terest from the date thereof until paid at the rate of nine per centum per annum; and all said costs, charges snd expenses incurred w paid, together with such interest, ihall be ~ecured by iM tien oF thu mortpaye. 6. That (a) in the event of sny breach of this Mortgage w default on the part of the MORTGAGOR, or (b) in the event ~ny of ss~d sums of money herein ~eferred to be not promptly and fully paid within thirty (30) days next after the same seve?ally become duc ar+d payable, without demand or notice. w(tj in the event exh and evcry the stip~rlations, agreement~, conditia+s and covenants of said promissory note and th~s monga9e any p either are not ~uly, promptly a~d fully performed, d~xharged, executed, e(fected, completed, complied with and abided by, then in e~ther p a~y such event the said ~ yregat~ sum meMioned in said promiuory note then ~emaining unpaid, with interest acuved. and all moneys secured hereby. shatl become due and pay~ ~We fathwith, pf f~1lfNf1N~ at the option of said MORTGAGEE, as fully and completely as if all of the said wms of money were aiginally stipulated lo be paid on s~ch day, anything in said prom~asory note w in this Mortgage to the contrary notwithstanding; and thereupon or thereaft~r at rhe option oi 3 ~aid Mt~RTGAGEE, without notice w demand, tu:t at !aw a in equity, tl~ereforr w thereah~r begun, msy be prosecuted as if sll moneys secured hereby had marured prwr to its insti+ution. • 's 7. That in ths evenf that at the beginnirg of or a1 any time pending aoy suit upon this Mortgsge, or to faeclou lt, or to reform it, or to enforq 3 payment of any ciaims hereunder, seid MORTGAGEE shall apply to the Court havirg jur;sd;ction thereof fw tMe appomtment of a Receiver, such Coun shall ~ Fattiw+th appoint a receiver of saic! mprtgaged property all and si~gular, includ~ng all and singular the income, profifs, issues and revc~ues from whatever source derived, eath and every of whith, it being txpreasly ui?ckrs?ood, is hereby mortgagtd as i( specifically ut fotth and described in the granting and habendum clavses hereol, and such Rcceiver shall have all the broad and effective funct~ons and powe?s in anyw~se emrosred by a Court to a Receiver, and t •ush appointment shall be made by such Court as an admitted cquity and a ma~ter oi absolute right to said MORTGAGEE, and without reference to the ~ •dequscy w in~dequacy of fhe value of the property mortgaged or to the so~vency w;nsolvency of said MORiGAGOR a the defendants, and that such rents, profits, income, issues and ~evenues shall be applied by such Receiver acco:d~n9 to the lien or equity of said MORTGAGEE and tFx pradice of suth Courf. 8. To dvly, promptty and futly perform, diuharge, execute, e/fect, complete, comply with and abide by esch and every the slipulations, sgreemcnts, tonditions and covenants in sa~d prom~sswy note and th~s mortgage set forth. ~ ~ 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a penon ottie? fhen the MORTGAGOR, the MORTGAGEE, in successors and aas~gns, may, without notice to tFr_ MORTGAOR. deat with ~such successw w successor in interest wirh ~eference ~o th;s mwtgsge and the debt hereby securcd in the same manner a: with Mortgagor without in any way vitiating or diuharging the 1Nortgagors' lishility here. under w upon the debt hereby aec~~ed. No sale of the premises hereby mortgaged and no fwbeara~ce on the part of the MORTGAGEE w its successws w assigns and rro extension of the rime fw the psyment of the debf hereby secured given by the MORTGAGEE or its aucceuors or au~gns, stiall operate ro release, discharge, modify change w affect the wig;nal liability of the MORTGAGOR herein, ePlher in whok w in pa~t. ~ 10- It is specifically agreed that time is of the eaxnce of this contrad and that no waiver of any obligat~on FYe;eunder w~the obligaY n se- a.red hereby shail at any time thereafter be held to be a waiver of the terms he~eof a of the instrument secure~ herby. ~ ~ : 11. In addrtion to the fpegoing monthly payments of princ'pDl snd interest required by the promiuory note sec •hereby,~rtgago~[ ~%pnts ~ and agrees to pay to mortgagee with each monthly payment an add~rional svm est~mated by mortgagee to be equal to 1/1~(-jhe ann~cost of fFf~w- ; ing; ~ 7 A ~ ~ A-All real property taxes kvied or assested against the above desc~ibed real estate. A'~~ ~ - D ~ B-Premiums on fire and windstorm insu?anca ~s herein requ~red to tx carried on the improveme~ts situate on the p~ove described premiye~n p ~ ~ C- Premiums on s u c h mortgage guaranty insurar~ce as mortgagee shall from rime to time decm fit to carry pn theQoi3 secur reby. O~ N Mortgagee shall from time to time notify mortgagor in writing of the amaunt due and payable hereunder and suc'IT'~twh shall~eupon b~~FLnd ~ ~ psyable on the due date of the next monthly payment and each successive month thereafte. ur.tit mortgagee shall not~ b j a~rt ga gor_ of a cha~uch +mount. Such s~ms sh,all be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~I~nortgac~-guaranty_ iqE nce ~ prlrniums. C • . '1- IN WITNE WNEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwm~. ~~m ~ r 5ipned, liv m~he presence of: . _ Q D ) tlitnesses a to / _ ~n slgn~ture o~ ,Iulius . Sc reiber ~ Julius J. Schreiber Witnesses as to ~ c. ~ icmature of Strelsa Y.. Schreiber ~ ~tfelsa H. Schreiber ~~,i~ STATE OF FLORIDA 1 St. Lucie ~ ~ ~ COUNTY OF Befwe me persa?slly appeared Jul zus J. Schreiber ~ i~~~iie, to me well known and kauwn ~1o me to be fhe ind~v~dwl! descnbed in and wFa exetuted the forcgoing instrument, and acknowtedged before me that~he~ executed the ssme ~Eor t~ purposes therein expreued. ~1ed-fhr ~~sid- _ - - Nlfs'e~F ~Fie ~sai~ - . !Jt/l~1kle11oR1 ~ 7ake~ ~P~ ~ s~'~ * ~eyrhte ~nd-eper~ ke+h I~er sai~leisbend~ edw»wledged-t~ ~wd-before~wertha~ ~he~i«i+rwtArewrit fk~eh~-~~i rotuw-. taeFy-and~wril(~oet-wyr ~ow,'u1~io~~esMa;r~-.arWei~~w+r ~rfe ~.fwR?-l+~r.s+id.brsbaad. " . ' . - WITIYESS my hand snd officul teal rhi~ dsy of M Ch ^ . D.' 19 6.~ - ` . STATE OF ~/~I /G P/!~ ~ ~ 2t LARI'iE ~ Not r Vublit in and for the St ~ ~f'f~~~ ~r~~ 55, My Comm~uion expires: ~'Y. CG~~:,~::~„~ ~dES t10V. 29. 1968 COUNTY OF ~ ~ £ONQED THAOUGH FRED ti. WElitLMORn Before me perwnally appeared Str Isa fi. Schreiber wwi . bis-wife, to me well known and known to me to~be fhe individual? described in and who ex~cuted the foregoing instrument, and acknowledged before me lhat 9heT executed the same for 1M pvrpose! rhe«~~ exP.eued. a,a rhe ,aid Strelsa H. Schreiber . wHe o+ the ,~~a Julius J. Schreibex ~ examination by me taken uparate and apart from her sa~d husband, ~cknowl Nril ~nd without a edged to end before me that ~he executed said instrument'fi~zly and volvn- Y qy compulsion, constraint, spprehensi or fear of w from her said busban ~ ~ WITNESS my hand and official seal this day of htarch ~ p. 19 (~8 • . ~ . , . ; - t~EN : This ir~strumertt prepared 6 ~Y Public in and tor the State of Fbrid ~ r ~e ~oun Y• M~Ch. ~ first Federal Sav. b Loan ASSD. My Commitfion exP~~es: pub~t~ y 19~f aerum 70= N~~ry ~p~~~ (~t1128~ ~t~ Fint Fede~al Savings 8 loan Associat~on 0(~ I~(~ R ~ ~ A My ~mn;,ss~on '~1tG~ Of Fort P~erce. C/~~~Q,~,s~% BOOK~ ~O PAGE~~`~~ ~ '~3 191 Fort Vierce. Florida By ~ ~ ' - ~ tr },,,;r ' ( - - - - ~ k..*a- ,~a;~^ ~ c, - .~'-sStSiii.~~'13`'=..~~.}`~~~~~~- , , ~ r - ~"a~=w