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Home My WebLink About0273 , T t t . • ~ t1f ,'~~1 To plaa ~nd oontlnuowy k~ap on tM buildinp~ now a Mr~afiN ~ituab oo iaid Isnd and on sll eq~ipn+.~.: snd pe.son~lly cova~d by this matQ~ sp~,, with dl p~mivm~ tF?K~on paid in fvll, tin insur~nu in the uiual atandard poticy form, in a tum approwd by tht MORTGAGEE, arw! wind~tam insw~ in tM v~wl i~andud poGcy fam, in a sum approved by ~M MORTGAGEE, in wch t«npany a canpanies a tM MORTGAGEE m~r dinctt +nd all fk~ ~nd windsw?m inw~ance policas on ~ny of uid build~nps. iny inteni~ tFw~ein w put thereof, ln tM apyrep+t~ wm ~for~asid or In ~xpss theteof, shsll cont~fn th~ usval standud mortgaqe~ cla~ a suth otlw dau~ as t!a Matyagat may ?pu'as. mskinp tM Iost uoda said po14 cF~s. ~ath ~nd ~w?y, p~Yabl~ ro said MORTGACsEE ~s ib interost m~y ~ppear. ~nd each and ~very s~ch polity ihall b~ promptly ~q~cd s~d d~livKed to ~ny MW by s~id MORTGAGEE u fu~ther secu~ity to aid mortysge debt, and, not less tMn ten (10) days in sdvance of the expiratiw~ of each policy, to de~ livu 1o s~id MORTGAGEE a rN+ewal ths~tof, topethq with a recapt for the premlum of svch renewal; and there shsll be no fir~ or winditorm insu~snc~ plapd on ~ny of said buildinyi, ~ny i~fereat the~~in or p+~~ the~eof, ~nleu m 1M fo?m and with tM loss payabl~ as ~fae~sidj ar+d ie tM tvMi ~ny sum of ~ewe~y becanp p~yabl~ ve?d~r such poticy w policies ~sid MORTGAGEE shsll haw tha option to ~eceiva ~nd apply the sam~ on account of tM indebtad~ ~est secv?ed Mreby a to permit s~id MORTGAGORS ro reteivs and ~se H or ~~y pa~t thereof lor othcr purposes, wilhout thereb/ waivi~y o~ impair- iny any p~ity, lien a r'pht unda or by virtve of this mort~sge; and in ~M event ~a~d MORTGAGORS shall fw sny reason feil ro keep the said premises so ir?surtd, a fail to d~liver prompNy any of ~aid poticies of insunnce ro said N10RTGAGEE, or fail promptly to pay fully ~~y premium therefa or in any rs~peN fail to pKfarry discharpe, execute, effect, complete, comply with and ~bids by this covenant, or any p~rt here.~f, s~id MORTGAGEE may pl~u ~nd pay fw wch inwranc~ a any put thereof without waivinp o? affectiny any opt+on, IieR, eqvity, a ~ight under w~y virtw of this Ma19sy~, and tM full amount of ~acA and ~very such p~ymMt shall be imrned~ately dw ~nd payable and sF.all beu tnterest from ths dats the~eof un~il paid at the wro o1 nins pK csr+t~m psr anrwm and together with such iote~est shall be secured by the (ien of lhis mortpa9e. ' 1. To pumit, tonwnit or suffer no wa~te, Lnp~irment or deteriorafion of seid property w ar~y part the~eof. S. To pay ali ~nd sirg~lsr ths cosn, cMrpes snd axpense~, includinp a reasonabk attorney's fes +nd oosts of ~bst~acn of title, incwred a p~id a~ •ny tims by ~aid MORTGAGEE, becavse a in t1~e ewnt of the failure on the put of the ssid MORTGAGOR to duly, prompdy snd futly perforrt~, d~tcharyR •x~cvt~, ~ff~tt, tompkt~, oomply with and ab+de by each a~d every the itipulations, syreemenn, conditior:s, ~nd aovenan„ of sa~d promiuory nots and thN mon~ay~ any or either, and sa;d cosn. ch~rqes and expenses, each and every, slull ba immediately due and payablet whether a not the.e ba ~notice ds mand, sttempt to oollecl or wit pend~ngj and the fuH amount of each and every svch payment ahall bear imerest from the d~ts Mereof u~Hl paid ~f the rate of nie~ per centum per aruwm; and all said eosts, chuges aod expe~scs inaxred or paid, together with su:h iaterest, shall b~ s~cwed by the li~n of tFw 'nort~D~• 6. ih~t in the went of any breach of thii Matgage or defauU on tt+e pan of the MORTGAGOR, or (b) in the event any of said t~xnf of money herein nferred fo be not promptly and fully paid within thirty (30) days next after ehe same severalh~ become due and payable, withovt demand o? notice, or W U? ~he Rvenf each and every the :tipulaYwns, agreemenn, conditions a~d covenann of said promiuory note and this mwtgaye sny or either an no1 ~uly, promptly s~d fully paformed, d~sc~wrged, executed, eifrcted, completed, complied with a~d ab~ded 'iy, then in either w any such event 1Me said a~ yreyatf sum mentioned in aaid promissory note then remaining unpaid, with intercst acuued, and all moneyi setured hereby, sMll betome dut and pay~ abk forthwitly a thereafter, a~ the option of said MORTGA6EE, as f~lly a?d completely as if all of the said wms of money were aigin~lly ttipulsted to be paid on svth dsy, snythirg in said promi:sory note or in this Mortgage to the contrary notwithstsnding; arwl therevpon or 1F+ereaffei at the option of said MORTGAGEE, without eotice or demsnd, wit at law or in eqvity, therefore w thereafter begun, may be prosecuted as if ~II ma~eys secvred hereby had m~futad piwr to ib irqtitutioe. . 7. Tl+at in the evcnt tMt at the begie~nirg of or at ~ny time pending a~y suit upw~ this Mortgage, o~ ro foreclose it, or to reform it, w to enforos payment of any claims hereunde~, said MORTGAGEE shsll ~pply to the Court having jw~sdictwn thereol tor the appointment of ~ Reteiver, wch Court ahall fwthwith appant a rcteiver of said morfgaged property all and sirgular, includ~ng aIl and singufa? ths income, profits, iuues a~d rovenves from whaterer sovrce drrived, each ~nd evrry of which, it bainy expressly ~nders~ood, is hereby mor~gaged as if spec:iically set fwth and de:aibed in the g?antin~ and haberwlum dauses hereof, and such Receiver shall h~ve slt the broad and sffective fvnct~ons aod powers in anywise entrusted by a Cou~t to a Receiver, ~nd such sppointment shall be made by such Courf as an admitted eq~ity and a mattev of absolute ~ight to said MORTGAGEE, u~d without ~eference to tha sdequacy o~ in~deqwcy of the value of the property wwrtgaged or to the solveocy or inwlvcncy of said MpRTGAGOR a the deEendann, and thst such re~~' profin, incane, issues a~d revenues shall be applied by svch Receiver accwding to the lien or equity of said N10RiGAGff and the practite of such 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with ~nd ab~de by each and every the stipulatio~s, a9reemenn. conditioro and coveMms in said promissory note and this mortgage set forth. 9. That in the event the ownenhip of the mortgaged premises, or any part tiKVeof, becomes vested in e person other thsn the MORiGAGOR, ths MORTGAGEE, i» waessors snd auigns, may, wirhout notice to the MORTGAOR, deal with s~ch succcssor or s~ccessor in interest with refaence to thia mortgspe and the debt iKrtby sKUred i~ the same manner as with Mortgagor without in any way vitiating or diuharging fhe Mortgagor3' li~bility hers- under or ~poe the debt hereby secured. No saie of the prem~ses hereby mortgsged and no fabearsnce on tF?e pan of the MORTGAGEE a i» s~ccesson or assigns and no extension of the time fa the paymeM of the debt hereby secured given by the MORTGAGEE w its svccessors or assiy~x, ahall operate to releaae, diacharge, modify thange or affect the original liability of the MORTGAGOR hercin, either in whole or in part. 10. It is specificatly agreed that time is of the euence of this contract ~~d that no waiver of ~any obli9ation here~rnder or of the obligat~on se- Nted !~e?eby sMll at any Yune thereafter be held to be a waiver of tht terms hereof o~ of the instrumeM secured herby. n addition to the forego:ng monthly payments of pri~c'pal and interest reqvired' by the promiuory note se~ured hereby, mwtgagor covenarus and agrees to o?t sgee with eath monthly payment a~ additional sum estimated by mortgaget ro be v cos o t o ing: A-All real property taxes levied w assessed agai~s dewi estate. B-Premiums on fire and windstorm insurance as herein r o be carn ovements situate on the above deuribed premises. C-Premiums on wch mortgage guaranty i as mortgagee shall from t~me to time deem if o loan secured hereby. AAwtgagee shaN from rime notify mortgagor in writing of t!» amount due and payable hereunder ar.d such wm s be due anc! payable on the due next monthly paymenl and each successive month thereafter until mortgagee s}?nll notify mortgag6i of a chang amount. ms shall be applied by rt?o?tgagee toward tFx payment of real property taxes, insurance prem:ums, and mortgage guannty insurance ~ , . IN WITNESS WHEREOF, the ssid MORTGAGOR has hereu~to set ha hand and seal the day and fir rafwess' . Sgned, Seakd and delivered in the presente of: n -T-- .n ~rc-aq ~ STATE OF FLORIDA ~ CQUNTY OF St _ L uc~ i a ~ i eef«• me penw,auy. rcd Roland W. Malo I sabe~ V . Alalo i his wife, to me well known and krawn to me to bs ~ tfie irrdividwb dewibed in and wFa execvted the foreQoipg instrument, and acknawled9ed before me that they executed the same fw ths purposes ' rhereio exprrs~ed. Md tF» asid I S8?b@Z V q MalQ , wife of the asd ROldYI(~ W. Nd10 upon a sepsr~te and priv~ts exsminatan by me tiken sep~rate and apan from Mer ssid Mnband, edcnowledged to +~d before me that she exetvted s+id instrument freely ~nd volun- tarily and withovt ~ny compulsion, constraint, appre~~? feu of a fran her wid husband. WRNESS my liuw! u~d official seal t!?is day of_ MerC~i , 0. D. 19~.._ . Notsry Public in ~~d} fw the State of • ' ~rt... ~ - O My Commiuion ex~tires: / 2 _ 3_ . - • . . ' Retum Ta. F:LEO ANO t~EGOROE • ~ ' ~m ~"i s~"~' a~'" A"°"a''°" ST. LUCIE COUNTY F~.a. auiAlli fYBU .t% 'I~ ~ ' ~1ATE ' o` F°`, RECORD VERIFIE~J MY ~OMMISSION FXP~k~ ROYMA.AT ~ ~ONDEO 7NR0 S DE~w" ~ ~J ~ ~ .fort Pierce. Fbrida ~N RqEO w. atEJ~~~~w Cj - 1969 l~dR - ~ PM 4~ 29 ` _ - ~ ~J ~1~~~.y.... This Instrument Prepared By ROGER POIT ~ - ; ~ - First Fecteral Savinya b toan Associati$1ERK CIRCUIT COURT of Fort Pierce Chedced By -1• Cnii ina . ~0~~~ ~ ~ ~ ~s . t, . ~ M , , s _ - - - - - ~ ~ , _a ^W~s ~ . ~ - ~.r~ .._~~,.~4~'.~^+~~?