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Home My WebLink About2853 y i 1 • ~ ~ ~ ° 3. To pi~a u~d ca+tinuovsly ks~p on tM buildinps oow a M~e+fta ~itu+t~ oo said tand a~d w? sll cquipn~t and p~nonally cove«d by this mort~ ~ p~, with dl pnmiums thttw~? paid in full, firo iniuru?c~ in ~M usval st~ndard policy fwm, i~ a wm ~pprov~d by tM MORTGAGEE. u?d wind~~orm , ;e~wr~ct in the ~wa~ ~t~~dard pol~cy fwm, in ~ ium ~pproved by th~ MORTGAGEE, in wch compu~y or comP+n~es +s tM MORTGAGEE m+y dinctt +nd ~11 fin a+d w~ndsro.m inswaec~ pol~aes on aoy of s+id buiWinpa, ~ny inlKtil ~F?trein w part thereof, I~ tFK ~~e9aq sum afores~id a ln ~xcess thawf, sA+ll contain 1M ~swl standud mortga9ee clsuse w uxh other ciaus~ as t!a Mwlys9ee may requ'a~, makinp IF~t loss w?dK said po~4 ci~s, ~sch ~nd twry. p+Y+~ b s~id MORTGAGEE ~s ib interest may appear. ~nd eath ~nd ~very s~th polity ~hal) b~ promptl~ ~u:yned a~d delivered to ~ny h~1d by s+;d MORTGAGfE ~s funher s~cvrity to said monysge debt, and, ~ot ku tha~ ten (10) days in advance of the expiration of tach policy, to ds~ liwr to ~aid MORiGAGEE • rtnewal therwf. topethK with a receipt fw the premi~m oi such re~?ewal; and Ihere sh~!I bs no firt o~ wi~dslwm insvru.:e plapd on any of aid buildinps, sny intersst therein w part thereof, unleu in tht {am and with th~ loss paysbl~ as ~tues~W; ~nd in tFr ewnt any sutn of nwn~y becoma payaEt~ voder such polecy a policiss said MORTGAGEE shall Mve tM oprion ro raceive and apply the s~me on ~ccouM of ;!w ind~bted~ ntss secur~d ha«by a b pe~mit said MORTGAGORS to retaive ~nd us~ if o? ae?y part 1htrMf fa othe~ purposes, wiihout thereb~ waivi~y w impair- kg any p~;ty, liee~ a r'ght vnder or by virtv~ of this mortya~e; and in tM ~vent ~aid MORTGAGORS thall for any reasor? isil ro keep the wid premises so tnsured, p fail b deliwr promptly ~ny of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully ~ny premium therefo~ a in ~~y r~sp~ct fail b pKfwrn, dixhuge, execute, effect, complete. comply with and abide by this cove~ant, w any par~ hereoi, said MORTGAGEE may pl~ce +nd paY fa wth &~w~anc~ o~ ~r?y put tFa~eof without waivinp ot affectin~ any op~ion, Iien. eqvity, ot right under a by virtue of this Mort9a~e. +nd the full artawN of sach and ~very such paym~nt sha~l be imrnediately dw snd payable and shall bear interest (rom ths date thereof u~til paid ~t tM rat~ nin~ pK ca~twn per ~nrwm ~nd together with such interest shall be secured by the lien of this matyage. 4. To ptmit, commit a suffer ~o waste, impairmeot or deterioratio~ of said property or +ny paA thereof. S. To pay ~II H+d sirgular the costs, cha~pes +i+d expenses, including a res:on+bk ~ttwney's fee and costs of abstract~ of title, incurred w p+id a1 any time by said MORTGAGfE, b~cause w in the tvent of the failwe on the part of the isid NWRTGAGOR to duly, promptly and futly pafwrty discharga •xecvt~, ~ff~ct, oomplN~, oomply with and eb~de by each and every the sNpulat~ons, sgreemen», conditi«u, and covena~b of said promissory note and thi~ mortyay~ ~ny or either. and sa~d costs, charyes and expenses. esch and every. shall be immediately due and payable: whether w not there be notice da mand. ~ttempt ro colkct or wit pendirgt +nd tM full ~nt of each and every s~?ch payment shall bear i~teresf from the date thereof until p~id at the rate of nine per centw~n per u~num; and all said costs. chuges and expensea incurred a paid, together with iuch iMerest, shall b~ sacured by the lien of thi~ 6. 1'h~t (s) i~ tM ~vent of any b~each of this Mortgage or default on tM part of the MORTGAGOR, w(b) in the event any of ss~d sums of money heroin refe~red to be no~ promptly snd fully psid within thirty (30) days ~ext after the same uverally become due and payable, without demand or noY~ce. w W in th~ event cxh and every the stip~rlations, sgreements, conditions and covenants of said promiuory note and tF?~s mortgsge any or either +re not iuly. promptly ~nd futly perfamed. d~sci+a~ged. executed, effected. compteted. complkd wi~h and abided by, then in either or any svch event tM said ap~ yreyaM wm mentia+ed in said promissoty ~ote 1hM remaining unpaid. with i~terest accrutd, and all moneys setured hereby. shall betoms due and ps~ able fathwith, w thereafter, ~t the option of said MORTGAGEE, as fully and comple~ely as if all of ~he said sums of money were orginally s~~pulated to be pald on s~xl+ day, anything in sa~d promissory r+ote w in this 1Nortgsge to the contrary notwithstanding; and ~fiereupa+ w thereafter at the option of said MORTGAGEE, witFaut ~wtice w demand, svit at taw or in equity, therdore w thereafter begun, may be prosecuted as if all moneys securad hereby hsd matwed ~ar to in iostirution. 7. TAst in the event that at the bcginn+ng of or at a~y time pcnding any suit upon this Mortgage, or to foreclose it, a fo reform it, o? to enforoe payment of any daims hereunder, said MORTGAGEE shall apply to the Cou?t h~ving jurisdiction thereof for the appo~ntment of a Receiver, such CouN shall fwthwith ~ppoiM a receive~ of said mortgaged prooerty all and singular, includ~ng alf and singular the income, p~oiits, issues and revenues from whatever wuru derived, exh and every of which, it being exp?essly understood, is hereby mort9aged as if specifically xt fath and dewibed in the granting and habendum clauses hereof, s~+d s~ch Receiver shatl hsve ~II the broad and effective funct~ons and powers in anywise entrusted by a Cou?t fo a Receiver, and tuch appolntment shall be made by wch Court as an admitted equity and a matter o( absolute right to said MORTGAGEE, and v`ithout refere~ce to the adeq~acy or inadequacy ot the value of the property mw~gaged or to the solvency o~ insolvency of said MORTGAGOR w the defendanri, and that such renn, profib, intome, iuues and revenues shall be applied by such Receiver atcording to the lien ot equity of wid MORTGAGEE and the pradice of suth CouA. 8. To duly, prompNy and fully perfwm, d'~uha.ge, execute, effect, complete, comply with and abide by eath a~d every the stipulations, agreements, conditions ~nd covenanta in said promiasory note and this mortgage set fwth. 9. That in the eveM the ownership of the mwtgaged premises, a any part thereof, becomes vested in a persoe other than the MORTGAGOR, the MO~CTGAGEE, iri succeuws and sssigns, may, without ootice to the MORTCsAOR, dea~ with such successor or successor in interest with refcrence to this mortgsge ~nd the debt hereby secured in the same msnner as with Mortgagor without in any way vitiating w discharging the Morigagors' liability hertr under a upon the debt hereby secured. No sale of the premius hereby mortgaged and no fabearance on the part of the MORiGAGEE w its s~ccesson or suigro and no extension of the time for the paymem of the debt hereliy secured given by the MORTGAGEf or its successon or suigns, shall operate ro ~eleas~, dischar9e, modify change or affect the wiginat liability of the MORTGAGOR he~ein, either in whole or in p+rt. 10. It is spedfically agreed that time is of the essence of this contrad and that no waiver of any obligation hereunder w of ths obligation sr c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. . n a¢dition to the forego:ng monthly payments of prirK pal and interest required by the promissory nole secured hereby, mortgagor s a and agrees to p a ee with each monthly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 of the o the follow- ing: A-All real property taxes kv~ed or assessed aga~ns described - - B-Premiums on fire and windstorm insurance as herei~ o the improvements situate on the above desuibed premises. 'i C-Premiums on such mortgage guara ance as mortgagee shall from t~me to time ' carry on the loan secured hereby. i Mortgagee shall from t ~me notify mortgagor in writing of the amount due and payable hercunder a s hall thereupon be due and ~ payable on the du o the next manthly payment and each successive month thereafter urtil mortgagee 11 notify mortg change in such ~ amount. wms sAatl be applied by mortgagee toward the payment of real property taxes, insurance :ums, and mort uara~ { . IN WITNESS WHEREOF, tF~e ssid MORTGAGOR hss hereunto set his hand and seal the day and r nt essid. and ed in the presence of: ~ ~ n ' f5--o STATE Of FLORIDA ~ St. Lucie ~ - courm oF d~fon m~ p~rson~lly spp~ared Gordon A. Nielsen, Sr. Blma D• N~e1SeI1 _ his wife, to me we~l known ~nd known to me to be tF?e individuab described in and who executed ths fwe9oinp instrument, and acknowledged before me that they execvted the ssme for tFN purposes ~ f~ ~ ~ Blma D. Nielsen wif~ of th~ said Gordon A• N~@l8@!1 ~$Y • ~por~ ~ separ~te and p~1v~t~ examinsYan by me tsken separate and apsh from her s+id husband, adcrawled9ed to and befwe me that she executed ssid imtrument freely ud volwr r~rily a~d without any compulsion, constraint, app~ehension~or feu of w from her said husband. r WIINESS my Mnd ~nd officisl seal this ~.~'s'~ ~ dsy of Februar A, D. 19 69 ~ ~ Notary P K in ~nd iw the a~~ of Flwida ~t Lar~ ~ • M,, w,~+ .x~,.:: .,~y. 6 /97/ R~hxn Ta. ~ ~ first Fd~ral Saviegs i losn Assoeiation .u: N)., S~E p~ F{p~ldi it ~M~! Of iwt Prcrce. ~ ?ti` ; ~'~ij~ ~ (,p~f10~ W~a ~11q. 6. ~n Fwt Pierce, fbrid~ • • .,.•j~ ~i~r ~~~~~~~~iL~ - C c'+.~~~ ;~~tC r~E~~RDED ~ ~ s : Si.RECOE rVER ~1~F~.~. ~ This Instrument Prepared By - 0 ~ p : _ ~ ~ ~ First Federat Savings d~ loan Association ;'~f; ~ of ~~t P~e~~ 'J- ~ Q•~- 1~59 FE3 z5 PM 1: 5 ~ ~ : r F. ~ Robert L.• Mar~ehs~ll jr_ '•?0 ROGER r Gi (HA5 ehecked By ' ' j~~?.~~?~•'' ~ CLERIt CIRCUII COURT ~ r - goaK 175 ~~E 2849 ~ - . . ~ ~ ~ ~ ~ ; ` . . - _ _ ~ - = ~ _ : ~ , ~ . ~ ~ ~ ~.4_ w~~..~.r ~