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Home My WebLink About2805 '7 ~ ; ~ ? . ~ S. To plaa and continuou~ly k~p oe tM buildinps now o~ Mr~ahN ~itwt~ oa,said luid ~nd on ~II pelpm~n~ ~nd pasonally covK~d by thts n+ort~ ~ ap~, with al~ pnmiums therean paid in fu14 il~~ Gu~r~na in tM uawl uanda.d polky fwrt~, in a wn? ~pprov~d by tM MORTGAGEE, and windatorm tnsw~ 4? tM uswl sunda?d policy (orny in • wm ~pprov~d by tM MORTGAGEE, tn wch canp~ny a canpani~s a th~ MORTGAGEE nwy ~ dinctt ~nd al) fk~ a~d wind~torm inwrano~ polkaa on ~ny of wid buildi~+p~„ a~y intN~st thu~in or part tMreof, in tl+~ spprpat~ iwn afa~said w tn rxerts thenoi, tha!! contaln ti~ uswl standud mortys~ claus~ a such aha clws~ p tt» Nbrtys~ may reqvir~. makinp th~ Iwf ~nd~r said pol} cies. Nch and ~wry. paYapl~ w uW MORTGAGEE as its irttertst m~Y ~pp~u. ~nd each and ~vtry tud? polity slull b~ promptly ~a:p~cd ~nd deliver~d ro ~~y heW by aaid MORTGIIGEE as i~Nher secv~ily ro s~id mortya~ d~b?, and. not bu tl?~n ten (10) days in advanc~ of tM expir~tion of each policy, to d? IivN to aid MORTGAGEE ~ reoewsl tMtwf, top~tlw~ with • rateipt ior tM premiwn of such reotwalj ~nd there sh~ll b~ oo fir~ w windito~m iasur~nt~ ptapd on ~ny of uid buildinps, ~ny ietar~st tMr~in or put thsrwf, vnku in tM form ~nd wi~h ~M toss payabl~ aa sfaesaWr and in ~M ~vent any wm of mwKy b~conws payabl~ w~da wcA polky or polici~s said MORTGAGEE shall Mw th~ option to receiw and apply tM same on acm~nt ot the Indebted~ nets s~cvr~d hKeby w ~o pKmit said MORTGAGORS ro nceiw ~nd uw i1 a a~y put thereof fw other purpoaes, w~~hout thareb~ waivin9 w impiir- inp anY equiry. lie~ or ripht wde~ or by virtw of thi~ mortpap~t and In the ~wnt said MORTGAGORS thall fw ~ny ~eawn fail ro keep th~ aid pranites w inw~ed, a fail b d~livN praeptly u?y of said polities of i~xwanu M s~id MORTGAGEE, a fail promptly to pay fully any premium therefo~ or in any r~~ct fail b pafam, dlschu~, execvte, ~ff~ct, compkt~, oomply with and abid~ by thh eovenant, a any pa.t hs~eoi, sakl MORTGAGEE msy plap and paY fw such imwanc~ o~ ~ny part tMreof without wa'nirp or ~ffecUnp sny opYan, Ikn, equity, or ~ipht under a by vi.tue of this Mon~p~. and th~ ` full amount oi ~ad~ and ~wry wcA p~yment shall b~ irmnediately dw ind pry~bb a~d aMll beu inte~est from ths dat~ thereoi until paid ~t th~ raa o1 n~oe ps~ oa~tum per u?iwm and topether with wch interest sMll be xcured by tM IiN? of this mat~~ye. 1, lo psrmlr, aonwrut or wffa no waa», knpakm~nt w deteriaation of said prope~ty or u~y part thereof. S. To p~y ~II ~nd ii~gvlK tM costs, cMrpes +nd exp~nses, iocludiny •?esso~abls ~tfwney i fee and costs of ~bst?acy of titte, ir?cv?red er paid at any tims by said MORTGAGEE, becavse or in tM ~vtnt of ths fail~re on th~ part of tM said MORTGAGOR to duly, promp~ly and fulty pe~form, dischar9R execute, eifect, eomplet~, oomply with ard abide by ~ad~ and evsry tM stipulations, ay~ee.n~~ts, condit~oiq, u~d oovcnann of said promissory nole u+d this mort~~ a~y w either. and uid costs, cMr~s a~d ~xperoes, each and ~very. sh~ll bs immediatety due and payable: whether a not ther~ be notic~ de~ mand, anempt to collect or wit pendinpt and the full amount of each and every svch psymeet al»!1 bcsr interest hom the dat~ thereof until paid ~t tM ~ rate of nine per centum pe? ~rowm; and sll said co:ts, cMr~ and ezpenses irKVrr~d or psid, together with such interpt, sh~ll bs sacured by tM lien of tlw 6. That (s) in the eveM of u~y br~ach of this Mon9ap~ o? dehult on the psrt of rhe MORTGAGOR, or (b) in ths event any of said sums of nwe»y heretn ~efe~red to bs ~wt prompHy and fully p~id within thirty (3p) days next after the same severally become due and payabk. without demand w notke, or (c~ i~ the event esch and every the stipulations, sgr~ements, conditions and coven~nq of said pran"~ssory note and this mortp~e ~ny or aither are no1 i~ty. promptly aod fu1N perform~d, d~scharQed, executed, effected, completsd, canplied with and abided by, then io eitha or any such ewnt tlw said ag gregaro wm mentia+et! in said promiuwy note then rem~ininp unpaid, with iroerest acuued, and all moneys secvred herebY, ahall becane dw and p~y~ able fwthwith, a theresfter, ~t the optan of said MORTGAGfE, u fully and completely as if al) of the said wms of money wen wipir?~Ily stipulated to be psid on sud~ day, anything in said promissory note or in thh Mwt~age to the tontrary ~otwlthsta~ding; and thereupon or ihereafia at tM oplion of said MORTGAGEE, without rwt~ce a demand, wit af law or in pvity, th~reEwe or thereafter lxg~n, m~r be prosec~ted as if aH nan~ys setund h~veby had mawrcd prio. ro~n insriwrion, 7. That in ths event thit st the begiru~iny of or ~t sny time pending sny wif ~pon this Mwt ! gage, or to foreclose it, o? to mfom~ N, w to enforca psyment of any daims haeunder, said MORTGA6EE sh~H apply to the Court having jw~sdic~ioo thereof fw the appointment of a Receiva, such Coun sMll ! forthwith appoint a receive~ of said mortgaged property aN and aingvla~, includuig all ar~d~jngulu t1» k+come, ~ofin, iuues and revenues from whatever ' wurce derived, e+ch and every of wli~ch, it beirg expreuly un!1ers~ood. is hereby mortga9ed u if specifically set fwth and desuibed fn the ~r~ntinp and habendum clauses hereof, and svch Receiver shatl have atl the braad and efiective functtons and powers in anyw+se entrv~ted by a Cw~t ro a Receives, ~nd sucb sppantment shall be made by wch Coun as an admitted eqvity and a matte~ of absolute right to said MORTGAGEE, and withow reference to tF,~ adequscy a inadequacy of the wlue of the property mortgaged or to the wNency or insolvency of said MORiGAGOR w the defendanq, ~nd th~t such rents, profits, mcome, asues and revenues ihall be appliad by such Receiver according to ths lien or equity of said MORTGAGEE and the practics of such CouA. 8. To duly, promptly snd fulF~r perform, dischar9e, execvte. effect, compkte, comply with and ~bide by ~sch ~nd every the sfipulations„ agreen?eots, c~tions and coven,.nt: ie iaid promissory note and tha morryage set fath. 9. Thet in the event the ownenhip of the ~no~tgaped prem;us, or sMr part tF~eof, beforpes vested in a perwn other tMn ths MORTGAGOR, the , MORTGAGEE, in successon +nd augns, may, without notice to the MORTGAOR, deal with svch succ~ssor a succeuw in imerest with reference to thia mortgage ~nd the debt hereby secured in tiM sart~e rtunner u with Ntortgagw withovt in any way vitiating a discha.gFng the Mortgagon' liability her~ under or ~pon the debt hereby sec~red. No sale of the premises hereby mortgaged and rw forbearance on the part of the MORTGAGEE or in svaessors or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGf~ or ih succeuors or assigns, shafl operate ro release, d~scharye, modify change a affect the or;ginsl liabil;ty of the MORTGAGOR F+erei~, eithe~ in whole w in put. 10. tt is specifically agreed that Ym~e is of the essence of this contract and that no waiver of any obligatiw? hereunder w of the obli~ation se- cured hereby sMll at aey Yur~e thereaher be held ro be a waiver of the ferms hereof or of the instrwnent secured herby. In add~t'an to the forego:ng monlhly payments of princ:pal and interest required by the promiuory note secured hereby, rtwrtgsgor eovenan~s ' and agrees to ort agee wilh each montbly payment an addirional swn estimated by moetgsgee ro be equal to 1/12 of the annual cost ~w- ing: A-All real propcrty taxes kvied w asses above described real estate. B-Premiums on fire and windstorm insurance as herein requ~r to improvements situate on the above desvibed p~emises. C-Aremiums ort such mortgage guarsnty insurar sgee shall from time to t~ it to carry on the loa~ secured hereby, Matgagee shall from time to Y y mortgagor i~ writing of the amount due and payable hereu er'arnl-sr shall thereu pon be doe and payable on tF~e due d_a~t ~Lt next monthly payment and each wccessive momh thereafter vrtil mortgagee slwN notify mortgagor e in such arnouM. S n~sFiall be spplied by mortgagee toward the payment of real property bxes, i rarxe premdums, and mwt uarin inwr~~ce P~ 9+9~ 9 ~Y IN WITNESS , the said MORTGA R F~as hereunto set his hand and scal the da a year fint or . Sg and iv in tht p of: ~ . n ~ n rt~.~ STATE OF f10RIDA ~ courm oF _ St. Lucie eefwe me personaly ~pp~arcd Joseph Peoni ~ and Blanche Peoni his wife, to me well known snd known to me to b~ the individwb described in and who executed the forepoirg instrumant, and ackrawledged before me that they executed the same for the pwposes rr~e.ein exp.euea. a,a H,...~- Blanehe Peoni w~fe of tha a.;d _ Joseph Peoni , vpon s separate and priva» exami~~tion by me taken separete and apart from her said hvsband, adcnowledged to snd before me that she execvted said ir~atrumer?t freely and volu~- t~rily and withovt any compuliwn, constraint, appreFroruiory,,or fear of or from her said husband. WITNE55 my hand and official ~eal t~ d,y ~ iI A. D. 19.~L2_ ' Notary ic in and for the 5 ate of Fbrida at Luy~ Retwn Ta . MY 'u1O^ e~~° ~-ls, /9 7~ fint Fedar~l Savirgs 3 losn /lssociation ~ ti y~~~ i~~ Of Forf Pierte. ~~Otiry PU~K. Sl~t! 0~ pOfl~ it Vf~! Fwt Aierte. Florida . ~ ~ . • • • . ~ ~ f ~+h? ~ 6 i~n ~ ~v y~ ~o.a.e b w..~7w O~SM~~ fi . r R pt,y ~ : : ~ 11.E~ AN~ NYY. ~L~'. This Instrument Prepared By ~,S•' U~'' Si. 1.-V~ ~ C~u F. ~'f C ~ ~ ~ First Federal Savings 8 Loan Association ='..r 0 't~ of Fort Pierce ; t.'•' Q:',.~c • y~ - .....•~1~: ~ + 22 ~ ~Q • Checked By J. Collins 5` <<:;-_ ~ °~9 QQZ ~ y~X~ . r : . p BOOK~ PAG~'~~~ :.~~,-.ra ;~~~T COVR~ , ~L~ ~K ~tRC~1T - - - - - ~ , ~ f ~ ~ _ " ~ ~ .a'~~ . _ -:..f - ~