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Home My WebLink About2160 - • ` ~ ` ' ~)~L'~, 3. To place a~d contuwovsly keep on th~ buildir+ps now or hereafta utust~ on ~~id lu+d u+d on ~II equipment and p~rsonally covKed by thts mort¢ ap~, with all p~emiums thereon p~~d i~ fvll, fir~ ir+svr~nc~ io ths ~iwl ~~uda~d policy form, in s ium ~pproved by Ihe MORTGAGEE. and windstam inw~u~ce in tM uswl standud pot~cy fwm, i~ • sum ~pproved by tht Nk'~RTGAGEE, in wch companY c? cor^W^~es as iM 1NORTGAGEE may dinctl ~nd ~II Hr~ snd w3~ds~orm ir?wrann policies on ar+y of sa~d build;nps. any inten~t therein w p~n thereof, i~ iha sp~reyate wm atores+id ot In ~zcess Ihe~eof, sAall contsin Ihe uwal sta~xlard mortgayee clause w such o~her cla~fs a: tM Ma~Q+gee m+y rcqu~n. makirg the bu unJa said pol~ cisa. each and eve?y. paYabt~ ro said MORTGAGEE as in inteaest may appear. and e~ch and every such policy ~hall be prompuy a~s:9ned and d~iivo~ed to ~nr heW by said MORTGAGEE u fur~her security to said mort~aye debt, and, not leu tMn ten (10) days in advance of the expiratio~ of esch policy, to dr livK to said MORiGAGEE s re~ewal thsreof, lopethe~ with a rece~pt fw Ihs premium of such renewal; and ~he~e shall be no fire w winds~am inwrae~ce platad on any of said bviidings, sny inlerest ther~in o~ pa~t the~eof, unleu in Ihe form a~d wilh 1he lou p~yable as a(oresaid: ~nd in tM event anr wm of money becomes payable w+der such policy a policies s+~d MORiGAGEE shall Mw ths optip~ to receive and apply the same o~ account of the indebted- ness sttuted hereby w ro permit s~id MORTGAGORS to ?eteiw ~nd w~ i1 p any part lhereo) !w othe~ purposes, withoul thrreb~ waivi~ig a unpair iny any eq~Ity, lien a ri9M unde~ w by virtw of this moriya~e; u~d io the event sa+d MORTGAGORS shaU fa ~~y reason fail to keep the s+id premises so iru~red, or fail to daliver prorr~plly any of said policies of irnurance to said MORTGAGEE, w Fail promptly to pay_fully any premium therefor w in ~ny respnct fail ro pafwm, discharge, execute, effad, complets, comply with ~nd abide by this covenant, w~ny par~ hereof, said MORTGAGEE may place •nd pay for such inwrance w any part thareof without waivug or •ffectiop any option, lien, equity, a ~ight under w by virtw of this MatgaQe, ~nd tht full amount of e~ch and ev~ry such payment sMll be immediately dw snd payable and shall bear interest from ths date thereof w+til paid at tM rat~ ol nirro per centum pe~ a~num and togNhcr with s~ch interest shall be secured by the lien of thit mort9sge. 1. To permit, oommit or ~uffe? no waste, impairme~t w deteriwation of sa~d properry or +ny pa?t ~hereof. S. To pay all sr+d :irgulu the coan, cM?~es ~nd expenses, ir?cluding s reasonabb attorney's fee and costs of abst~acn of title, incwred or paid a~ any time by said MORTGAGfE, betavse or in the event of the fsil~re on the pa~t of ths said MORTGAGOR ro dvly, promptly and fully perfam, diuharge~ execut~, ~ffeN, tomplete. comply with and abide by each and every the stipulatiau, agreements, tondi?iau. +nd mvenann of said pro~:issory note and tAa mortg~pe any or eithe~. and sa~d costs, chugas a~d ezpenses. each and every. shall be immediately d~e and payable: whether or not there be ratice da mand, attempt to collect or suit pend~ng; and ths full amouM of eath and wery suth paymeot shall bear in~erest from the date thereof until paid at tl+e rate of nir~e per centum pe~ annum; and alt said cosri, chsrges and expe~ses irKUrred o? paid, Iogether with such interest, shall be fetured by ths lieo of thiu ~«ro~• 6. Th+t (a) in the eve~t of any brexh of this Mortgage w default o~ 1M part of thc MORTGAGOR, or (b) in the cvent sny oi sa~d sums of money herein referred to be rwt p~omptly and f~lly paid within thirty (30) days ~ex~ after the same severatty become due and payable, without ckmand o~ notice. or (c) in ihe eveot each ~nd every the atipulations, agreemenri, conditions and covenants of satd promisso?y note and th~s mortgage any o~ either aro nol i:,y, promPtly and fulty performed. dixharged. executed. effected. completed. complied with and abided by, then in either w ~ny svch event the said a~ gregate wm meMioned in taid promiuory rate then remaining unpaid, with iMeresl atcrued, and all moneys setured hereby, shall betort~e due and pay- able fwthwith, or thereaitm, at the option of said MORTGAGEE, as fully and completely as if all of the iaid sums of money were wigin~lly stipulated to be paid on such day, a~ything in said promissay note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the opt~on of said MORTGAGEE, without notice w demand, suit at law or in equity, therefwe or thereafter begun, may be prosecuted aa if sll moneys sawred hereby hod matwed pr~ot 1o its institution. 7. That in the event that st t!~ beginning of or at any tims pending any suit upo~ this Mwtgs9e, or to fweclose it, w to refwm it, or to anforcs paymtnt of any claims he.eunder, sai~ MORTGAGEE sF.all apply to the Court having jurisdction fhereof for the appointmEnt of a Reteiver, such Cowt shatl fathwith appoint a recciver of said mortgaged property all and singular, includ~rg a~l and singular the income, profits, issues and revenves (rom whatwe~ source derived, each and every of wh~ch, it being expressly unders~ood, is F+creby mortgaged as ii speulically set fath and dewibed i~ tlx g~anti~g and habendum clsvses hereof, and svch Receiver shall have a11 the kxoad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and such appoi~tment shall be made by such Court as an admitted equity and a ma~ter o( absolute right to said MORTGAGEE, and without reference to the adequscy a irwdequaty of ihe value of the property mortgaged or to the solvency w insolventy of said MORTGAGOR p the defe~dants. and that such rents, profits, income, iuues and revenues shall be applied by such Receiver according lo the lien or equity of said MORTGAGEE end the pradice of such Coutt. 8. To dvly, promptly and fully perform, ~xha?ge, execute, effect, complete, comply wi?h and abide by each and every the stipulatwns, agreemenri, conditans a+~d covensnts in said promiuory note and th;s mwtgage set forth. 9. That in the evero tFK ownership of the mortgaged premises, o? any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, ib successws snd auigns, may, without notice to the MORTGAOR, deal with such successw w successor in interest with reference to this mortgage and the debl hereby secured in the same manner as with Martgsgor without in any way vitiating w diuhargin~ the Mwtgagors' Iiability hera- und~r or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w iri successon or sugns and no exrens~on of the time for the payment of the debt hereby secured given by the MORTGAGE' or its successors w auigns, shall operate to release, d'+xharge, rnotlify thange w affect the original liab~lity of the MORTGAGOR herein, either in whole w in part. 10. It is specificatly agreed that time is of the essence of this contract and that no waiver of any obligation F?ere~nder or of ihe obtigaT'a~ str cvred htrtby shall at any time thereatter be held to be a waiver of the terms hereof w of the instrumeM secured herby. n add~tion to the forego:~g monthly paymenri of princ:pal and interest required by the promtssory note secured hereby, mortgagor covenan and agrees to pa a ee with each monthly payment an addirional sum estimated by mwtgagee fo be equal to 1/12 of the annual ow- ing- - I~ A-All reat property taxes lev~ed w assessed against e' a estate. I B-Premiuns on fire and windstorm insurance as her ' ~red to be carne improvements situate on the above described premises. ~ C-Premiums on such mortgage guara rance as mortgagee shall from time to time ' carry on the ban secvred hereby. Mortgagee shall from ti ~me notify mortgagor in writ;ng of the amount due and payable hereunder a wm shall thereupon be dve and payable on the du ~he next monthly payment and each successive month thereafter until mortgagee shall ootify mo f a change in such ! amount. sums sF.a;l be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guar ' surance k ~ums. ~ ~ IN WITNE55 WHEREOF. the said MORTGAGOR has here~nto ut his hand and seal the day and year fint aforesaid. Sig Sealed and liver in tF~e presence of: / L-L< R~ 4 IS"~ ~--n . n /P! ~ /_w. -fSw+n STATE OF FLORIDA ~ ST. I.UCIE u- couNn oF Before me personally appesrcd _ pet6 Van Daele ,,,d ~ MaZ~a V~Y1 Q~@Z@ his wife, to me well known and known to me to be the individwb desaibed in ~nd who executed tF~e foregoir~ instlument and acknowledged before me that they executed ihe same fw the pvrposes therein expreswd. And the ~ai~ " Mel~la V~an Daele w~~e P@t@ V~II D~@I@ ~pon a separata ~nd pirvat~ exsmin~tion bY.++ie, tsken ssp'a'r1~ and apaA from her said hvsband, atknowledged to and before me thst she executed ssid instrumem f~eely and volun~ tarily and w;tho~t arix ;~p~ ..Santraint, apprehe on, feu of or from her said husband. ~ ° ~7-~ Febr ry 69 WIpYF„~S .a~jr hand and'dlit~al {eal this day of A. D. 19 ~ ~ , ~ ary Publ'K in snd iw the Suts of Florida at lu~ - .~~erurn T~ C~ ' ~ FILEO AN~ R E C O R D E D My C o mmission e~.~: : ~ Flrn federal" v' ~s a~oai~-~i+~~ T. L~1CIE COUN?Y. FLI~• ~ry ~Y66e,-Stab o~ Flo~~d+~',~ ~ S RE.co~~ v~RIf1E0 c,.~~. ~ s~- u. 'OJ Yort Y~er ~e. 4~3 M~Mr b ir~ l C~ fbt;~Rierc4~ Fllor~~`~' i~ ~ `'~~..r..,ict~~ . - _ ~ ~ ~ ~69 FEB ~t ~ AM ? I : 25 ~ , . : d~ This Instrument Prepared By i~~ First Federal Savings b Loan Association RO~z OITRAS , of Fort Pierce CLERK CIRCUIT C~UR Checked By J~s D. Chastain ~~i75 ~~~57 ~ , s;~ ~ ` ~ i ~ s . _ _ ------•»,_...~~~..._..-.°--------.~.v. - . .sa - ' - ~ ~-=~z~zxA..~~~. r. . , .a-_.~ .<=~ss? i, ~