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Home My WebLink About2851 ( ~ 9. To plac~ ~ed contiouovsly ke~p a? th~ buildinps now a MreaftK sltwt~ on aW land and on all equiprtwnt and perwnally cova~d by this mort¢ •g~, with all pr~miums IMreon paid in fut4 tire li+s~ranct in ~h~ ~sual standard poticy form, In s svm approved by ths MORiGAGEE, and windstam irww~+ce In th~ uswl sundard policy fam, in a sum ~pproved by iM MORIG1IGEE, io wch company w compaei~s a?he MORTGAGEE m+y dinctr Md all fln and windsrorm ieauwnce polkies a+ any of iaid build~nps. ~ny inle~tit tF~ein w put t1;e.~of. i~ tlw aqy?ey+t~ win afo~~said ar In ucau thenof, shall contain the utwl standard matgapae clause o~ iuch other cl~u~~ as the Mwt9aga~ may r~qub~. m~lclnp th~ loss unde~ s+id po~} ciq. ~ach and ~wry, paYSbl~ to s+id MORTGAGEE ~s its interest may sppear. ~nd esch and every such policy ihall be pro+nptly ass:yned u?d dtlivtrcd ~o ~ any Mld by ~ak! MORTGAGEE as (urther security to said mongags debt, and. not leu ~han ten (10) days i~ sdvanc~ of tM txpir~tion of each policy, ro d~ f liwr to uW MORTGAGEE ~ renewal therwf, tope~her with a receipt iw the premivm of such re~ewalj and there ~hall bs no firo or windstam insu~~ou pl~qd an ~ny of s~id bvildinys, s~+y intereit therein or part thereof, unleu in tM form and with th~ loss paYabl~ as aforesaidt u+d tn tFr ~vent any swn of mwKy becomes payable ~ndsr wch policy or policies aid ~MORTGAGEE shall haw the optan to receive and apply ~hs s+m~ on +ccount of the indei.ted- ness secvred hK~by or ro petmit said MORTGAGORS to roceiv~ and us~ it a~ny parl lhereof (w other purposes, withouf thareb/ waivi:~g or ~mpair- irg ~nr equity, li~n a ri9ht unda or by virtue of thit mortgsye; and in the weM said 1NORTGAGORS shall fw ~ny reason fai) ro keep the ssid premises so insured, or fail fo deliver promptly a~y of said policies of i~surance to said MORTGAGEE, w fail promptly to pay fully any premium the~efor w fi anr r~ipect fail to pafam, discha~ye, execute, effect, compkte, comply with ~+d abide by thts covenant. or +nY part I+e?eof, aid MORTGA(3EE may p~+u +nd paY .for such imv~ano~ or any pan thKeof without wsiviny or affectinp s~y option. lien, equiry. w ri9hf unde+ a by vi?tw of this Mortys~e. and fh~ full amo~nt of eath ~nd ewry wth p~ymtnt sh~ll bs immediately dvs +nd payable and shall bear interesl from tM date thereof until paid ~t ths rats ot nine per centwn per snnum and together with iuch interast shall be secured by the lien of this mortqa9e. 1. To pt~mit, oommit or suff~r no wute, impairment or deteriontion of said property w any part thaeof. S. To p~y all a~d singulu the cosb, cha~es and expenses, iacl~ding a reasonab~e atwrney i fee and costs of abstracts of title, incurred w p+id ~f any time by s+id AAORTGAGEE, becavse w in the event of the failure on the part of the said MORTGAGOR to duly, prompNy ~nd fully porform, d~xhar94 exec~ts. effsct, compkt~, comply with ~nd ab+de by each and every the stip~lat~ora, agreements, condilions, and wvcn~^ts of ssid promiswry note and ~ha mwt9~ye any ot eitha. snd said costs, cl+~rges and expenses, each and every, shall be immediately dve and psyable: whether or not there be noNte de- msnd, atttmpt to oollett or wit pending; and the fvll amovnt of each and every suth paymeM shall bear interesf from the date thereof until psid ~1 the rate of nine per ccntum per annum; and all said costs, charges and expenses intwred a paid, togetixr with wch intaest, ihall bs secured br the lien of tha 6. Th~t (s) in the event of any brcach of this MoHyage w defavlt on tM part of t!x MORTGAGOR, or (b) in the event aoy of ssid sums of ma~ev herein roferred to be ~ot promptly and fully paid within thirty (30) days next affer the same severally become due and payable, without demand w notice, or (c~ in the ewnt esch and every the stipulatio~s, agreements, conditions and covenants of said promiuwy note and this mort~aye any or e~ther arQ ~wf iuly, promptly and fully perfwmed, discharged, executed, effected, tompkted, complied with and abided by, then in ei~her or any ~uch eveM the s+id ~g gregat~ sum mentip~ed in said promissory note thM remaining unpaid, with iMerest atcrued, and all moneys setured hereby, shall become due and p~y~ able forthwith, u thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the wid sums of money were oriyinally stipulated to be paid on suth day, a~ything in said promiuwy note or in this Morfgage to the contrary notwithstanding; and thereupon w thereafte~ at tM optio~ of said MORTGAGEE, without ootite w demand, wit at Isw ot in puity, tF?ereFore or thereaf:er begun, may be prosecuted as if all moneys setured hetebp had matvred prior to its institution. Th~t in the event that at the beginnirtg of or at any time pending any wit upon this AAwtgsge, or to fwecbse it, or to roform it, o? to enfwa payment of any daims here~nder, said MORTGAGEE sMali apply to the Cour1 haring jurisdiction thereoi for tF~e appointment of • Receiver, s~th CouA shaU forthwith sppoint s receiver of wid mortgaged property all and sing~la~, includ~ng all a~d singular the incarse, profits, bs~es and revenues from wAatever soures dereved, each and every of which, it bsing expressly understood, is hereby mortgaged as if specifica~ly set fwth and described in the ~raroing and habendum dauses h~?eof, and 3YCI1 RKlIVK shall have all the broad and effective f~nct~o~s and powers in anywise entrusted by a Cou~t to a Receiver, snd wch sppointment shall be ma~e by such Court as an admined eqvity and a matter of absolute right to said MORTGAGEE, and without referer~te to the adequscy w inadcquacy of the wlue of the property mongaged or to the sonrency w insolvency of said N10RTGAGOR or the defendann, and that such rents, profits, iacane, iuues and revenues sfialt be applied by s~ch Receiver accordi~g to ths lien o~ equity oi aaid MORTGAGEE and the practke of such Coutt. 8. To dvly, proenptly and fully perform, diuharge, execute, effect, complete, comply with and abide by each and every the stipvlations, ayreenxnn, conditions and cwerwnts in said promiuory note and this mortgage set forth. 9. That in the event tFro ownership of the mortgaged premises. or any part tF?ereof, becomes vesfed in s person other than fhe MORTGAGOR, fhe MORTGAGEE, itt successors and auigns, may, wifhout notice to the MOl2TGAOR, dea! with such successor or successor in interest with reference to this mortgape and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating a dixharging the Mwtgagors' lisbility here- under or upon the debt hereby secvred. No ssle of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE or its successo?s or sssigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE: w its successoa ot assigns, shall operate ro releue, discharye, modify change or affect the original liab~l~ty of tlx MORTGAGOR herein, either in whok w in part. 10. It is spetificatly agreed that time is of the essence of this contract and thst no waiver of any obligaYron hereunder w of tFa obliyation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument Kcured herby. addition to the fwego:ng rnonthly payments of princ'pal and interest required by the p~omiuory note secured hereby, mortg or ts and agrees to pa ee with esch momhly payrnent an add~rional sum est~mated by mortgagee to bc equal to 1 of the folbw- ~ ing: A-All real property taxes kvied or assessed aga~. desv~b ate_ ' B-Premiums on fire and windstorm insurance as herei ' to be carn ' roveme~ts situate o~ the above described premises. ~ C-Premiums on such :.urtgage guaran ar,ce as mortgsgee shall from time m time deem fit o loan secured hereby. ~f Mortgagee shall from ti ime notify mortgagor in writing of the amoum due and payable hereunder and suth sum s a be dve and I payabk on the d o the ~ext monthly payment and each svccess~ve month thereaiter urtil mwtgagee shall notify mortgagw of a change f amount sums shall be applied by mortgagee toward the paymeM of real prciperty taxes, insurance prem:ums, and mortgage guaranty insuru?ce E ~ums. : ! IN WITNESS WHEREOF, the ssid RTGA R has hereunto set his Iwnd and seal the day and ar first aforesaid. ~ ~ Si ~j Seal and (ver th ence of: ~ _ v ~ ~ ; ~ n ! ~ ; STATE OF FLORIDA ~ St. Lwcie ~ courmr oF Patz ick B. Lall a~+a ; Before me penonally appearod Y Judi~h A• 1..811Y his wife, to me well known and known to me to be the ind;vidwb dewibed in and who executed the foregoing instrument, and scknowledged before me that they executed the same for ths pvrposes rherei~ ezpresud. And ths said Judith A. LallY W~fe Patriek B. Lally , trpon a sep~rate and pirvat~ exsminaYan by me taken separate and apart from her said husband, adcrawledged ro and before me that she executed said instrument freely and votun- tarily and witho~t any compulsion, constraint, apprehension, or fear of or from her said husband. ' ~ WITNESS my hand and offkial seal this ~ y~~ day of ~A:' D.'79~_ ~ . ' . ~ ~ 1'~'S113 ~tary Publ'~c i~ and for, tM 9~ate ,Of,f af 4~. ~ . My Commission e~cpireu ~ i•, , ~ , . - ~ Return Ta. .x~ : i ~ :;~~t'. tZ~~O~.~~~ ' -J . Pirst Fsder~! Savings 8 losn Associat~on T ~OTA~f PYBUG. =TATE Of r ~Ci or F~ Pierce. S I. 'LU~i~ ~oilWT~~. ~=L. Mr eor~~ssioN ExPia~s~ ~.~9,~~, _ ~«r P~«u. Flo~ids RECQRQ ~/ER~F;;. _ •a•o~o ,N~o~,.~ /RED W. b1E~17~yM0~ C .'~~.,.i,.' ' - 3• ~l ~ - .~j . ~ 1~~9i-~3 ~:i ~~i~ I: . _ , i., - ; ~ _ ~1.: ' . . . _ . 1 This Instrument Prepared By ROGER PGiTR~;; ! First Federal Savings b Loan Associ~t~c~K CIP,CUIj COUR j of Fort Pierce ~ y h Checked B - Chas t in ' S ~ - BOOK PAGE284'. . ~ ~ OR175 ,~~Y f ~ Cf ~ ~ z,~ 4__ ~ , ~ s~e:.,~~_~. ~'i'r ~?e ~`TC~-ti-^~-. ~ . ~ s~.``.~.~.'~`~