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Home My WebLink About0167 _ • ~ 1, ! ~ " : ~ , + ~ , 3. to plaa +nd conttnuousy ke~p on th~ build~qt eow or Mr~ah~r utuab oe~ aid land ~nd on ~II equipment ~nd p~nonilly wv~nd by thi~ mort~ with d) pramiums thereon p+id in full, fire Iniur~nu in tM vsvil ~t+nd~rd poticy form, in a sum app~oved by tM MORTGAGEE. ~~d wie~storm inwranc~ {n tM uiwl uandard policy fam. M a ium ~pprov~d by tM MORTGAGEE. in sucA companY w campan~s a~ ~M MORTGAGEE m~y dirodt ~nd all fire and winds~am inwrana polki~s on ~ny of said buildirp~, any inter~s~ thxein or put tMrsof, in tM app~e~~t~ sum afore~+id a in ~xaa thaeof, thai) caNaln ti» vsual itu+dxd mai9ayk cisus~ or wch WMr cl~use as tM Moreyagee may roquu~. makinp IFa (~u undK said po~i~ ci„. csch ~nd evay. p+Yabk to wid MORTGAGEE ~s ih iM~~at may ~pp~a~. and each and every such policy shall b~ promptlr ais:qned ~od dqliwred to ~ny Mld by said MORiGAGEE ai furtF+~r security to said ma~pa9e dabt, and, not leu 1Mn te~ (10) days i~ advance of th~ ~xpiration of ~ach policy. M d~ IivN to said MORTGAGEE a ~snewal thereof, topether with a nceipt fw the premium of such renew~l; and~ here shall be r+o f'us o~ wlndato.m i~awa~ce plapd on ~ny of said buildinps. aoy interest therein a parf thereof. ~nleu in tM form snd with tM loss p~yable as afaes+idt u+d in tFK evet?t any win of mo~ey becomtt p~yaWs under such polky or politlss s+id MORTGAGEE thall have ths option to reteive a(~d apply the ssme on accoum of tM iodebted~ neu sscund hsreby a 1o pe~mit said MORTGAGORS to reuiw and u~ it or +ny part thereof lo~ othcr purposes, without thareb/ waiving or impair- iny any puity, lia~ or ri~ht unda w by virtue of this mwtQaye; ~nd in tM eve~t said MORTGAGORS shall for any reaso~ f~il to koep the said p«mises sc insured, w bil to deliver pramplly a~y of said policies of insurance to s~id MORTGAvEE, ot fail promptly to pay fully any premium therefa or in any respecl tail to pafwm, distharge, execute, effect, complefe, comp~y with ~nd ~bids by t61s covena~t, or +nY part hereof, saW MORTGAGEE may p~sa u+d paY fa~ such irauraex~ or a~y part thereof without waivinp a~ff~ctiny ~ny optia?, IiN+, eq~ity, a right under a by virtw of thii Morty+~. and tht fvll amo~ot o1 Qach u~d every :uch paymant sh~ll ba immedi+te~y dw and payable and shall bear interesl from th~ d~te the~eof until paid at ths rab oi nine per ca~rum psr annum aod together with i~ch interest shsll bs secured by ths lien of lhis matgage. 1. To p~rmit, eommit or wf(e? no wut~, tmpairment or deterioratio~ of ssid prope+ty ot any p~A thereof. 5. To pay ~II end sirgulu tl+e cos», charpes and expenses, includGg ~ resson+bk ~ttorney i fee and oosb of abstracts of title, iocur~ed w psid st any tune by said MORTGAC,EE, because w in ths event of ths fail~re on ths part of the said MORTGAGOR to dulY. promPtly and fu~y perfwm, d~scharg~ execute, ~if~ct, complete, oomply with and abide by tach and every the stipulafions, sgreemenn, conditio~s, ~nd coven~nn of said promissory nots and thit martgay~ any or ei~ha. and said costs, char9es and expences, each and every, shall be im»ediately d~e and payable: whethcr or not thers be notice dt mand, attempt to colkct or wH pendingt and the fvll amo~N of tad~ and every such payment shall bear interest from Ihe dats the?eof until psid at the rate of ni~e per centum per aniwm; and all said cosri, cMrges ane~ expenses incurred or paid, togeti?er with tuch iMerest, shall b~ s~tuted by tM lien of tha mort~ay~. b. Thaf in the event of any breach of this Matysge w defauh on the part of the MORTGAGOR, or (b) in the event se+y of said swns of money herein mferred to be not promptly and fully paid within thirty (30) days next after the same severafly become due and payable, without demand or ~otice. or i~ the eveM esch and every fhe stipvlations, agreement:, tonditions ar?d coven~nts of sald promisswy ~ote and this mort9a~e any or either are nol iuly. promp~y and fully perfwmed, dischsrged. exec~ted. ~ffected, completed, complied with and a6ided by. ~hen in eithe? w any :uch event tM aid ~g gregate wm menYaned in said promissory rate then ~emsinirg unpaid, with iMerest acaued, and all moneys secured he?eby, ihall become due snd psy~ able forthwith, OI fI~QfNffN. at the option of said MORiGAGEE, u fully and compktely u if all of the said wms of money we~a wiginally stipulated to be paid on such day, anything ie said promiuwy note or in this Mwtgage to the contrary notwi~hstanding; and thereupon o? thereafta at the option of said MORTGAGEE, without notice or demsnd, wit at (aw or in equity, therefwe or thrreafter begun, may be prosecuted ~s if al) moneys secured hereby had matured prior ro iri institvtion. 7. That in the event that st the beginning of or at ~ny time pendiny any wit ~pon this Mortgage, or to fweclosa it, or fo reform it, w to enfores payment of any claims hereunder, said lVIIORTGAGEE shall spply to the Court having jurisdiction thereof fw the appointment of • Receive~, svch Court shall forthwith sppoint a reteiver of said mwtgaged proQerty all :::d singular, inclvdmg all and singulu the income, prolits, iuws and tevenues from whateve? sourte detived, each and every of which, it beirg expressly understood, is hereby mortgaged as if spetifically xt forth and detuibed in the y~anting and habendum ds~ses hereof, and such Reteiver shall hsve sll tF?e kxoad and effective functions and powen in anywise entrusted by ~ CouA to a Reteiver, end :uch appointment shall be made by wch Cowt as an sdmitted equity and a matfer of absolute rght to said MORTGAGEE, arx! without referente to the adeqvscy or inadeqvacy of the value of the p?operty mortgaged w to the wlvency or insolvency of said MORTGAGOR a the defendanri, a:x! that such re~rs, profits, income, issues and revenues shall be applied by such ReceivK MCOfdifl9 10 1F16 IiM Of equity of wid MORTGAGEE and the practice of such Court. 8. To duly, p?omptly and fully perfwm, dtscharge, execute, effect, complete, comply with and abide by eacl? snd every the stipulaYans, agreerrKOb, condiYans snd covenants in wid promissory note and this mortgage set fwth. ~ 9. Thst in the event the ownership of the mwtgaged premises, or any part tFxKeof, becomes vesfed in s_ perwn otF?e~ thsn the. MORTGAGOR, fhe MORTGAGEE, iK svcceuors ~nd suigns, msy, withoul notice to the MORTGAOR, deat with such wcceuor or successor in interest with referente ro this mortgaye and the debt hereby setured in the same maruier as with Mortgago~ witho~t in any way vitiating or discharging fhe Mwtgagots' liability fiera under a ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successoa or assgra and no extension of the time fw the payment of the debt hereby sccured given by the MORTGAGEf or its wccesso~rs or assigns, shall opsrate ro release, discharge, modify thange or affett the wigioal liability of the MORTGAGOR herein, either in whok ot in puf. 10. It is specificaliy agreed that time is of the essence of this contract and that no waiver of any obl'gation hereunde? w of thoooblipstion se- cured hereby shall at any time thereafter be heW to be a waiver of the terms f~ereof or of the instrumeM secured herby. 11. In add~tioh to the fwe9o:ng monthly payments of prin~ pal and interest required by the promissory note setured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addiCronal sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- . A-All real property taxes levied or assessed against the a6ove desuibed real estate. - B-Premiums on fire and windstorm insvrance as herein requ~red to be carried on the imp~oveme~ts siNate on the above desttibed premises. C-Premiums on such mwtgage guaranty insurar~ce as mwtgagee shall from time ro time deem fit to carry o~ fhe loan secured hereby. ~ Mortgagee shall from time to time notify morigagor in writing of the amount due and payable hereunder and such sum shall thereupon be d~re and payable on the due date of the next monthly payment and each successive month thereafter or,til mortgsgee shall notify mortgagor of a change in such , amo~m. Such sums sha11 be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and rtwrtgage guaranty insunnce pr i~ms. ' ~ i IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day a year fint afwesaid. , Se+led arx! liver in the presence of: ~ •n ~ ' ~ ~ n ~ ~--o STATE OF ftORIDA ~ St. Lu~cie courrnr oF defore me penonatly appeared R~n B• ROquBt2? ~ Celia 8• Roqueta his wife, to me well known snd known to me to b~ rhe individwls dewibed in u~d who exac~ted the forepoirg instrwnent, and ~dcnowledped befwe me that tF?ey eaecuted the wme for tFr p~rpotes rh~,~i~ ~,cp,essed. A„d th, ,,;a C el ia B. R o que ta - wife of tM said Ra~ntt ~ Rt~~ueta upon a sep~rat~ ~nd privat~ examinatan by me taken ~eparate +nd epart from her taid husband, acknowledged to a~d befon me that she executed said inst?ument fresly and volw~ rarily and w~tMovt ~Mr compuliion, caatr~int, ~pprehension, yr feu of or from her said husband. WITNESS my h~nd anA official se+l thii ~.~ti ~y a{ OCt Z /L 0. 19 68 . ' . Notary Pvblic in N+d for tlr Stat~ of Fbrida at lar~ My Commiuioe+ expir~a: ~_~3_ / ~ ,,..uu.u~~~,., . ~ Rewm Ta ~ Fint frdt~d Savinps i Loan /uwci~tion ?.t~,...., - ~,'4~•.,' of Fa, P;~,«. FlLEO ANO RECOROED FWt Vierce. Fi«~. ~ • ST. l.U C 1 E' C O U N TY. pLa• ; _ . - RE.C~~ l~~7J ~ ~ 1 ~ 4 . ~ " t " : 4' ~ - • 23 1his Instrument Prepared By .:1~:~,' '68 OCj Z~ PM 12 • First Federal Savinys ~ loan Association~.,~,~ ;t : ~ • f rt Pisrce '~..~~L' ~ ~ ~ • '~•~•r:n~~~~~~~~ 4,~ ROGER r017RAS ~ Ghecked ' ~L~qK CIRCUi? COURT - b00K 174 PAGE 16/ ~ + ~ ; ~ ' ~f ,