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Home My WebLink About2779 t t 9. To plac~ and coe~tinwusly keep on th~ buitdingt now a here~(~a ~~tu~ts on said I~od and on ail equipment and p~non+lly covsred by this mort~- •p~, with ~II premiw+A thereon psid in tull, (i~e insur~nce in thp ~s~+l standard policy form, ~n • tum approved by tM MORTGAGEE, and windl~orrn Inswance G~ tM ~s~al stsndard poliq fam, in a ~um ~pproved by tAe MORTGAGEE, in such company w compani~s +i ~M MORTGAGEE may dirtctt and +11 f'ue +nd w~ndstorm insuranc~ pol~ues on any of said buildl~+yi, any interest therein or pa?t therwt, in t~N ~yq~cy+tt tum ~fweiaid w In ~acea thereof, ~hall contain the usual itandard mortgsyea clause w such otMr clauss ai tM Ma~y+9ee may rp~i~~, makinp ~1+~ lou under ssid pdM ciN, e+ch ~~d ~vary. payable to iaid MORTGAGEE as iti interest may +ppt+~, u+d c+ch and eve.y s~ch policy ~hall b~ promptly ~u:pned u+d d~live~ed ~o ~ny held by Hid MORiGAGEE +s further security to s+id matya~e debt, and, r+ot I~u IMn ten (10) days in advarxe of tFN expir~tion o( ~+ch polity, ro da liv~r to uid MORTGAGEE • renew~l thereof, lope~her wiih a receipt for the premium of iuch renewal; and ~here ahall be no fu~ or windatam iniurance plsad on ~ey of said build~ngs, ~ny intereit tlxrei~ or part thereof, unleu in ?he fonri ~nd wi~h tM lou p+yable +i aior~s+id; ~nd in tM ~veot any sum ; of ma»y becanes p+y+ble ~nder iuch poticy or policiei taid MORTGAGEE ~hall haw tM option to receive +~+d apply 1M sarrw on accounl 01 t1+~ ir+d~btcd~ ~ nsfs attvnd hertby ot to permit said MORTGAGORS to receive and us~ it ot any part therMf for othc~ p~rposes, wilhoul thereb~ waivi~~g or ~mpair- iny any puity, lien a right under or by virtve of this mo:t9a9et and in the ~vent ~id MORTGAGORS shall fa any ~eawn fail to keep ~he atid premius io , iniured, o~ fail ro dtliver promptly any of iaid po~Kies of insunnca to ssid MORTGAGEE, a fail promptly to pay fully any premium therefw or in any ~ respect f~il w pafam, discharge, execute, effect, complete, compty with ~nd abide by thii covenant, a any psrt hereof, iaid MORTGAGEE may pl~ce ar+d p~Y fw ~uch in~uranc~ w ~ny pah thereof wi~hout waMinp or ~ffadinp any option, Iien, equity, a rqht unde~ a by vlrtw of this Mwtq~~e. ~nd the full amo~+nt of e+ch and every such payment shall be immediately due and payabl~ a~d shall bear intere~t from ths dat~ thereof un~il paid M th~ ra~~ of nin~ pa centum p~r ~nn~m and Iogethcr with tucA interest shall be secured by the lien oi this n+ortgs9e. 4. To permit, oommit or wfEer no waste, impairment or deterioration of said property a ~ny ps~t thereof. 5. To p+y all ~nd sinpulu the.costs, charpes and expenses, includinp a reasonable attaney's fce snd costs of abstr~cts of title, inn?rred or psid at eny time by said MORTGAGEE, because a in the event of ths failvre on the part of the s~id MORTGAGOR to duly, promptly and fully pe~iorm, d~xhargR execute, effect, complete, comply w~th and ab~de by each and every the stipulat~ons, agrcements, conditioru, snd mvenants of sald promissory note and this mortg~ye +ny a e~~her, and ia~d costs, charges ~nd exporxes, each end every, shall be immediafely dve and payable; whether a not there be norice da mand, attempt ro colkcf a s~it pending; and the fult amount of each and wery such payment ihall bear interesl from the date thereof until paid at the rate of nine per centum per arnium; and all said costs, charges and expenses incurred w paid, together w~th such intereft, shall b~ secured by ths lien of tha mort~a~s. e. That (a) in the event of any lxeach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event ~ny of s~id s~ms of money herein refcrred to be not promptly and fully paid wi~hin thirty (30) days nex~ after the same uveratly become d~e and payable, without demu+d w notice, or (c) in the event cach and every tAe stipulatio~?s, agreements, cond~rions and covensnts of w~d promiuo.y note and th~s mwtgage any w ei~hcr +re ~ot iuly, promptly snd fully pNfwmed, d~uha~ged, executed, effected, completed, compl~ed with and abided Sy, tF?en in either w any tuch event tM a~id ap- flresate sum mentioned in said promissory note then remaining unpaid, with inrerest accrued, and all moneys ,sec~red hereby, sMll betome dw and pay- abfe fwthwith, w thereafte?, at the option ot said MORTGAGEE, as fully and completeiy ss if all of the said sums of money were originelly st~pulated to be pa~d on such day, anything in said promissory r+ote or in this Mortgage to the contrary notwithsqnd~ng; and thereupon or there~fter at the op~ion of said MORTGAGEE, without notice w demand, suit at law or in oquity, therefwe w lhereahtr begun, may be prosecuted ~s if ~II moneys secured hereby had matwed pnor to its institution. 7. That in the event that at the beginning ef or st ~ny time pending soy suit upon this Mortgage, or to foreclose it, w to refam it, o? to enforc~ payment of aey tlaims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof fw the appo~ntment of • Receiver, such Court shall fortFiwith ~ppoint a receive? of said mortgaged property all and singular, includ~ng ail and singulsr the income, profits, issues and revtnues from whatever source derived, exh and every of which, it being exptcssly understood, is hereby mortgaged as if specifically set fwth and destribed in the granting snd habendum clavses hereof, and such Receiver shall have all the broad snd eifective funct~ons and powers in anywise entrusted by a Court to a Receiver, and ~uch appointment thall be made by such Court as an admitted equity and a m~tter of ab:olute right to ssid MORTGAGEE, and without reference to the adequacy w inadeqvacy of the vslue of ~he property mortgaged w to the soivency or insolvency of said MORTGAGOR a the defendants, and ~hat svch rents, profin, incane, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGF.GEE and the practice of such Gourt. 8. Yo duly, promptly and fully perform, diuharge, execute, effect, ~complete, compty with and abide by e+ch end every the stipulatiun, agrcements, cw~ditans and covenants in said promissory note and this mortgsge set forth. 9. ?h~t in the event the ownership of the mortgsged p?emisea, or any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, ib succeuors and assigns, may, wifhovt notice to the MORTGAOR, deal w~th such succeua w successor in interest with reference ro this mar~gage and the deb~ hereby secured in the same manner as with Mortgago~ without in any way vitiating or discha~ging the Mortgagori tiability herr untkr w upon the debl hereby secu~ed_ No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE o~ iti suctessors or assgns and no extension of the time fa the payment oi the debt hereby secured given by the MORTGAGEE or its successws or au~gns, shall operate to release, disch~r9e, modify change or affect tlx orig~nal liab~t~ty ef the /NORTGAGOR herein, either in whole w i~ part. 10. It is specifically agreed that time is of the esxnce of this contract and that no waivd of any obligation herevnder w of the obligatan st c~red hereby shall at any time thereafte? be hetd to be s waiver of the terms hereof a of the instrument secured herby. 1?- irr-addition-ts 1he~ fweg~ng-snontfiFy' paY^~n p~~PDP andyenelesr feqi/RRt' by'~h~ p~ewi~p -M+~ ~ecK~d-i~e~rbri ~ner~cjagor -teuerwnlr an~at,~eeea-fs pap~o-iw~rysg~o-w~riti~-e~ wwwN~1~W1K*ewt-e~~addKis~ahs~w <s~w~stn~-w+sr~ge4ee~a-betqusHa~~f14e~M+eanntrel'sostof'thl+"fdlow+' i~g? A-All real properry taxes a ai~st the above described real espte. B-Premiums on f~re and windstorm insurance as herein r carried on the ' ~ s situate on the above dtscribed premises. ;I C-Premiums on such mortgage guaranry insurance as mortga time deem fit to csrry on the loan secured hercby. i Mortgagee shall from time to time no ' m writfng of the amount due and p e~eunde? and such sum shall thereupon be due and payable on the due date monthly payment and each successive month thereafter ur,til mortgag notify mortgagw of a change in such ~ amount. s s all be apptied by mortgagee toward ifx payment of real property taxes, insurante ~rem.ums, an ~$uaranty insurance ~ pre ms. IN WITNE55 WHEREOF, t s' MORTGAGOR has hereunto set his hand and seal tFx day and yesr first sforesaid. E ned, Seakd a deliver i the` pr of: ny ~ ~ ~n (Seaq Ses~ ~ Seaq ~ STATE OF FIORIDA S~.int Lucie ~ COUNTY OF , ~ Befwe me personally a a?~d E?ay C. Egensperger a~ R u~i f~ . Egensperger ~ his wiie, to me wel! known and known to me to be the indiridwls described in and who executed the foregang instrumeM, and acknowledged before me that they executed the same fw the purposes ~ therein expressed. And tF~e said R il't ~~ens~2rc~ex ~ wife o4 the said ~~t~V Lclensperc~er , upon a xparate snd privat~ ~ examinat3on by me taken separate and apart from her said husband, acknowledged to and befo+e me that she executed said instrument freely and volun- rerily and without ar4Y compulsion, constraint, apprehension, u fear of or from her said Fwsband. ~ WRNESS my h~nd and official seal thia day of T`'arch . .a ~ ~9 ~ ul~ ° Notary Public in and fw the SNte of florida at larye g My Commission expires: , 6- 7r/ ~ ~ Return io: . ~ ~ , y; . ' . First Federal Ssvings 6 loan Association NOTARY PUBLIC. STATE OF FLOR:~A'AT~LX@6~•••••••.;=~'_., :rv Of Fort P~erce. ~ FILED AND RECOROED~ a°?Y.o~~~RO~~~K ER~'O~IYND Ea,s~,;,oAs~: = 'a Fo?~ Pierce, Flo~~da ST. LUCfE CQUh7Y. FLA.~ - ~ - ~ t~~.~nnr, ~t: "(t _ - _ - ~ - S 165~12 ~ ~ . , This inst~ument prepared by ' ~ ` = Assr , ~ : ~ first Federal Sav. & ~oar. ~ '68 MAR I 4 PM 2 : I 2 ~ _ ~ . .x . , • of Fort Pierce _.~~C~~`~~ r''. . T. Driscoll sf gY ~~~i ; s i ~ CLERK CIRGUIT COURT { . . ~ (1R " I ~ ; sooK~ ~O PAGf~ l~7 ~k. _ - - . ~ . . ~,.J. : , `