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Home My WebLink About2243 1 - ~ :j ? ~ f To plac~ and conlln~?ously ksep on tM kwildirgs now a Mrsaft~? sitwte o~ ~aid land +nd oo ~II equipm~nt ~nd pr.sa?~Ily covered by thi~ matq~ p~. with all pr~mluna thtreon paid in full, firs insuran:Q in the usual standard po1Ky fwm, In s fum approved by tM MORTGAGff, and winditam k~wranc~ (n tM uswi sta~dard poticy fum, in a svm approved by ~he MQRTGAGEE, tn wch tompany w comp~nies at ~M MORTGAGEE msy dinc?t and all fi~~ ~nd windirorm insuranu policies on any of said build~rq~, ~ny interal tMrein o? part thersot, in th~ ap~re~~te wm afo~esaid a in uccess ther~of, thall contain tM ~sual standard matgag~e t~ause or such o~ha clavse as the Mortyaflee may requin. makinp the loss under said po1F dq, ~ath ~nd ~v~ry, payabl~ ro said MORTGAGEE as its interest m~y appear, ind each and evay ~uch polity ~hall be ptomptly ~u~yned ~+?d delivered to any l~sld by said MORIGAGEE ~s fu~ther secv~ity to iaid matga9s debt, ~nd, oot leu tF?~n te~ (10) days in advance oi Ihe expiration of each policy, to dr livN to aid MORIGAGEE a renewal the~eof, toqeths~ with a receipt fw the premium oi such renewal; and ~here shatl be no fire or wind~torm insw~nce pl~ad on u?y of said buildings, ~ny intereit therein or part thcreof, unless in the form and with ~he lou p+yable as afwesaid; u+d in the ~vent a~y wm of mo~ey becoma payabk under such policy a policies said MQRTGAGEE ahall have rhe optjon ro receive and apply Ihs same on accovot of tM indebted- ~ rwss secur~d heroby w to permit ssid MQRTGAGORS ro ~eceive and use it p any pa~t thereof for o~F+er purpoiei, wi~hout ~hereb~ waivi~ig w~mpain kg any pvity, li~n or iiyhl unde~ w by virtw of this mortysge; and in ths went taid MORTGAGORS shall fw any reason fail ro keep tAe ~id p~emisea so intvred, or tait b detiver promptly any of said policies of inau~ance to said MORTGAGEE, ot fail promptly to pay fully any premllim therefa w in u?y nspecf fail b pKforn~, dischuge, executs, affact, camplete, comply with and abide by this covenant, w any part hereof..iaid MORTGAGEE may pl~ce ~nd pay fw wch inwtano~ or ~ny parf thereof withovt waivirg or sf(ectinp any option, tien, eqt~ity, or ~ighf under o+ by virtue of this Mortys~e, ~nd the full amount of sach and ev~ry suth payenent sMll be immecliately dw and payable and sl+all bear inte~est frafi ths dats theteof until paid d ths rat~ ol nira per untum pu amwm and together with wch intcrest shall ix secured by the lien of this mortpage. To pKmit, commit o~ wffa no wu1e, impa'ument or deterio~alion of iaid property or sny pa~t t~ierrof. S. To pay al! snd singvlar the costs, tharges ~nd exptnses, including s reasonabk attaney ~ fee and costs of abstrscts of title, incurred or paid at ~ sny time by saW MpRTGAGfE, Secause or in the eve~t of the failure on the pan of the uid MORTGAGOR to duly, promptly ~nd fully perform, discha~g~ ~xecut~, effatt, oompkte, comply with and abide by each and every the stipulations, agreements, conditions, snd cove~anrs of said promissory note snd ~his mortyape any or either, and uid costs, charges and expcnses, each and every, shall be immedialely dus and payable; whelher w not there be notice da ; m~nd, ~ttempt to colkct or wit pending; and the f~ll amount of each and evcry iuch payment shall bea. interes~ from ~he date thereof vntN pafd at tiu ~ rate of nine per ce~tum per s~num; and all said tosts, charges and expenses incvrred a paid, togelher w~th s~ch interest, ahall be secured by the lien of thw ~ 6. TMt (a) in the ewnf of any breach of this Mwtgage w defauh on the part of the MQRTGAGOR, or (b) in 1M eve~t any of ssid wms of mo~ey herein roferred ro be not promptly and fully paid within thi~ty (30) days next aFter the same severally become due snd psyaWe, without demand w ootice, ~ or in the event each and every the stipulations, agrcemenn, co.~ditions and covenants of sa:d promisswy nofe and• th~s mortgage a~y or either are nol ' ~uly, promptly, and fully performed, d~xharged, executed, effected, comple~ed, compl;ed w~th snd abided 'ay, then in e~ttxr or any svch event ~la said ag ~ yregate wm mentioned in said promissory note fi~en ?emaining unpaid, with interett accrued, and all moneys setured hcreby, shall becpne due and psy~ able forthwith, or thereahe~, at the option of said MORTGAGEE, as fully and complelely as if all of the said svms of mooey were aiginally ttipulated to be paid on s~tf+ day, anythirg in sa:d promisswy note or in this MortgzTqe to t~e contrary rtotwithstanding; and thereupon w thereaher s1 the option of t+id MORTGAGEE, without notice or demand, wit at law w in eq~ity, therefore or thereaher begun, may be prosec~ted as if all moneys iea?red hereby had mahNed prior to its institution. 7. That in the event that at the beginning of or st any time pending any wit upon this Mortgage, or to forecloss if, w to reform if, or to enforu payment of ~ny claims hereunder, said MORTGAGEE siwll apply to the Court having jurisd~ction thereof for the appointment of a Rei[eiver, such Court shall forthwith ~ppoiM a recciver of said mortgaged property all and singular, includ~ng aIl and singular the income, profits, issues and revenues from whafever ~owce derived, each end every of whKh, it be;ng expressly ur?ders~ood, is hereby r.wr~gaged as if ipec~(icaUy xt forth and deunoed i~ the graroing and habendum dsuses hereof, sod s~ch Receiver shall have all the broad and effective funct~ons•and powe~s in a~ywise emrusted by a Cou?t to a Receiver, and svch appointment shall be made by such Court as sn admitted equity and a matta of absofute right to iaid MORTGAGEf; `and w]thout reference to the edequacy a insdequacy of the value of the property mortgaged o~ to the sotvency or ;nsolveocy of said MORiGAGOR a thd;defendants, and that such renn, profits, intome, issues and revenues shall be applied by such Receiver accord~ng to ths lien w equity of said MORTGAGEE and the practice of such ~ Court. , , ~ " . f 8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the ati~idatiorts, agrefinenb, ~ cw~ditans and covensnts in said promissory note and this rtw~tgage set fwth. . 4`~ " - ~ 9. That in tha event the ownenhip of the mwtgaged prrmises, w any pan thereof, becomes vestcd .in a pers6n other than the 1NORTGAGOR, ths JNORT6AGEE, its s~ccessors and assigns, may, without nofice to the MORTGAOR, deal with such sutceuor w successor in interest with reterence to this mortgage ~nd the debt hcreby secured in the same manner as with Mortgagor withovt i~ any way vit;ating a d~scharging the Mortgagors' (iability htre- ~ under or upon the debt hereby secured. No sate of the Fremises hereby martgaaed and no forbea~ance on fhe pan of the MORTGAGEE or its successon ~ or auigns and no extension of the time fa the paymeM of the debt hereby secured given by the N10RTGAGEf or its successors w auigM, shsll ope~ate ~ 1o rolease, discharge, modify clunge w affect the wiginal liabil~ty of the MORTGAGOR herein, either ie whote or in put. s 10. It is specifically agreed that time is of the essence of this contrad a~d that no waivtr of any obligatiw~ herevrrder er of the obligation se- cvred Ixreby shall at any time thereafter be held to be s waiver of the terms hereof w of the instrumem secured herby. i. In addltia~ to the fwego:ng monthly payments of priM pal and interest required by the promiuory note secured hereby, mortgagor cc~ysiunts ' and agrees a ee with each monthly payrnent an add~~ional sum estimated by mortgaget to be eqvst to i/12 of the a t~e t~e follpw- ing: A-All real property taxes levted w assessed against t c ~ibed real esta B-Premiums on fire and windstorm insurance as F~erein reqv~r rn e improvements situate on the above desaibed premises, C-Premiums o~ such mortgage guaranty in s mortgagee shall from time to ti~ne e carry on the foan secured hereby. Mortgsgee sha(I from ti notify mortgagor in writing of the amou~t due and payable hereunder h wm shall tF?ereupon be due and payaok on the due t e ~ext monthly payment and each successive month thereafter ur,til mwtgagee shall noti y or of a change in suth amount. ums shall be applied by mortgagee toward the payment of real property taze:, insurance prem~ums, and mortgage rip(y iruutance eumf. IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. ~ Sg~ed. Seakd and delivered in the presence of: / . h a4 ~ n rc--n STATE OF FLORIDA ~ COUNTY OF $t . I.11C1@ ~ , 8efore me penwullY sppea~ed Theado][p .T_ Ra _mu_ Audria V . Razmus "'d his wife, to me well known and known to me to bs th~ ind'rvidwls described in and w1w execvted the fo;egoi instrument, and acknowledged before me that they executed the same for the p~rposes Nurein expresud. And ths sa~ Audria R2?zm115 wifs of ~ti. ~~d Theodore J. Razmus ~pon a sepuate and privat~ exuninsYan by me taken separate and apart from Mer said husband, acknowledged to and before rn~ that she execvted said instrument freely and volw?~ ~ brily and withovf u~y compulsion, constrainr. +ppr~Ircruion, or feu of or from he~ said husband. t WITNESS my hard and oNicial sea! thi: ,l~ ~ day of February ~ p. 19 69 ~~sla.t+~dqt G c_~(~ =4 ~ - Notary Public in and tor the St~t~ arf' ~lorjdl a}, }ar~_ ' Retum Ta ~~LED AND RECORDEO N?r e.o~m~ss~on ex~ea: • - NTY. Fl~. l.~-:3~~'j.~ ~ ~f"' i'ust Fedenl Savings a losn AssociaYan IE COU • r- c.~~'•. ` Of Fort P~erce. ST' Lv Q t~.!3 ~ ~ ~OTA~Y /YBUIrr' :TATE OF FLO~ AT r"_ 4 E.C t~?Y COMMISSION EXPI4FS DEC.' -~~1 ~ Fort Pierce, florida i~4,~ soNOto tMItOVNt rw~e w. O~~ite~~~ ~j`_~, ~ : , I• 3~ 3,11 Z t=~,:: i fi9 fEB 2 ~ ' - ` - ; : , . ; This Instrument P~epared By First Federal Savings 8 Loan Association i,01jA~S of Fort Pierce CLERK C1RCU17 COUitT' Checked By J • Collins ~ ~K~~ P~~2z~0 ; . ~ c f - ~ _ _ _ ` - s~