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Home My WebLink About1487 e ~ ~ 1 t] ~ •j . ~ v a r.,r~ • ! ~ ~ To pl~ and continuouily kNp on tM bvildinp~ now o~ MfN}~N ut~+t~ on said land a~d oe all puipm~nt and p~rsonally cowred by thts mortQ~ +p~, with ~II promiums tMreon p~id ie full. fir~ i~w~~nc~ in ~h~ usual surdsrd policy form, tn a tum approved by tM MORTGAGfE. arid wind~fam ~n+w~ irt ths vswl ~tanda,d policy fam, In • wm ~pproved by ~h~ MORTGAGi~, in wch comp~+y a compani~s as tM MORTGA(3EE ~n+y t d~r~ctt and all iir~ and w;odsrorm iowranos polici~s on ~ny of iaid buildie+ps, sny int~r~st tfx~ei+~ or paN thtrwf, in ~M apq~ep~t~ sw~ afor~uid ar ( In tat~ts thereoi, sMll contain the uwal itandard ma~gage~ clavte or tucA ahe~ clavs~ u t!» Matpape~ m~y rp~'vt. m+kinp th~ lost und~r said po1F i cies, ~~cA and ev~ry. payabk a ssid MORTGAGEE as ib in~ereat may appei~, and each u~d eve.y s~ch policy ~hall b~ prompdy ass:~ned and d~liver~d ro f +ny he~d by said NWRTGAGEE u ivrther secu~ity to iaid mortyaqe dabt, and, rw~ ieu tMe ~e~ (10) days in advance of tM expiration of tach policy. ro dr liver to s~id MORIGAGEE a rsnewal thereof, to~e~he~ with • receipt fw the premivm oi s~ch re~ewalj snd thera shall be no fire w windstam intwu~ta pl~ad on ~ny of said buildings, any interest ~hersin a p~rt thereof, unleu in the form and wiih tM loas paysbk as afw~s~idt +nd tn tM ~weN ~ny awn of mw~ey becwne~ p~yable v~der such policy w policie~ said MORTGAGFE shall havs the opt~on to receive and apply ths iame on acco~nt of th~ indebted~ neu s.cvred her~by o. ro pe.mi~ •aid MpRTGAGORS ro receiw ~nd use it or any parl !!:nreof Iw other purposes, without th:reb~ waiviny o~ unpair- iny any equ;ry, lien or right under a by virtve of this morl9sge; and i~ the ~veni ~aid MORTGAGORS shap fo~ any reason fail ro keep ths said premises so insu~ed, o? fai) b deliver prumptly ~ny of said policies of i~sura~ce to said MORTGAGEE, w fail promptly to p+y fully sny p~emivm thetefo~ p i~ ~ny } re~p~ct fail q pKforrn, diuMrge, eaecute. effect, complete, tomply with a~d ~bide by this covenant, w sny parl hereof, said MORiGAGEE may ptap ~nd pay for such i??surance or ~ny part thereof without waivina a affecting any optior~, Ifrn, equi~y, w right unde~ w by virlue of lhis MorlgaQ~, a~d tM full ~mou~t of each and ~vsry such payment ii»I~ be ;mmediately due and payable snd shall be+r intere~t from the dats thereof untll peid ~t tM rat~ ol ~~ne pa centum per ar+num and to~ether with iuch inte.est shail be secured by the lien of this mortyaga. 4. To permit, commit w suffer no waste, impairment or detera~ation of :aid propervy p any'~art theieof. S. To pay dl and singvlar the cosb, chargs~ and expenics, including s rcuonsble a»orney's fee and costs oF abst~ads of tiNs, incwred or paid a1 any time by said MORTGAGEE, because a in the ewnt oi the iailure on the part of ~F- enid MpRTGAGOR to duly, prompl~y and fully perform, dischuy~, execvt~, effsc~, complete, compty with and abide by each and every the stipulatioru, agretments, conditions, and wvenan~s of said p~omiuory note and thii +nwtyape u?y or either, and iaid costs, ch~rges and expe~ses, each and every. shall be immediately dve and payaole; w ptiF~ or not there be notice ds mand, attempt to collect w:uit pend~ng; arxl ths full smount of each and evcry auch payment shslt bea~ iMercst from Ihe date thereof until patd ~f tM rate of niM pe~ centum per an~tum; and a!! said twts, charges and expenses inturred or paid, togNher with such interesl, s1ia11 bs setured by 1M lien of thiu morty~. Q Th~t i~ the eve~t of a~y breach of this Mortgsge w default on tM part of the MORTGAGOR, a(b) in the event any of ssid sums o~ ma~sy herein referred Io be not promptly and fvNy paid within thirty 130) days nex~ airer ~~~e same severally bccome due and payable, without demand w eotice, or (c) in the event each and every the stipulatio~s, sgreements, conditions and coven~nts of sa:d promissay note and th~s mortgage any p ei1F?er are nol iuly, prompNy and fully performed, d~xnarged, executed, effectrd, complrted, canplied with snd abided by, then in eithcr or any ~vch ev~nt tM said ap~ gregate wm mentioned in asid promiuory note ihen remaining unpa~d, with interest atuucd, and all moneys setured hereby, shali beto~~s dw and psy- able fwthwith, p thereafter, at the option of said MORTGAGEE, ss fully and compktety as ii all of ~he said wms of money Wera wiginally stipulated to be paid on such day, anythirg in said promiuory nore a in this Mortgage to the co~trary notwithstanding; and ~hereupon or thereafter at the option of said MORiGAGEE, without notice or demand, suit at law or in eq~ity, therefore or tnereafter begun, may be prosecuted u if all mw~eys setwed hereby had en~wred prlor to its institution. ' 7. That En the event that st the beginnirg of or at any time per?ding any svit upon this Mo~tgag~, pt tp toretlose it, w to reform it, p fo enfo?p psym~nt of any claims hereunder, said MORTGAGEE shall appty to tFx Court having jurisd~ctio~ thereof tw the sppointment of a Receiver, such CouA sMll Forthwith ~ppoint a receiver of said mortgaged property all and singvlar, includ~ng atl a~d sirgular the income, profits, Issues and rersnues from whatever source derived, eacF? and every of which, it being expresxly urxlerstood, is hereby mor?gaged as if specifically xt (ath and dewibed in the p~~ntinp and hnbendum cla~ses hereof, and suth Receiver shall have all the 'xoad and effective funchons and powers in ~nywise eMrwted by a Court to a RKeiver, ~nd :uch appain~rtknt shall be made by such Court as an admitted eqvity and a matter of absolule right to said MORTGAGEE, and without reference to ths adequacy w i~adeqvacy of the value of the properry mortgsged or to the soivency or inwlvency of said MORTGAGOR w the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver accord;ng to tha fien p equity of wid MQRT6AGfE end the practics of ~xlt CouA. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and eb~ie by each and every fhe stipulations, agreemeob, conditions and covenants in said promisswy note and this mortgage set forth. 9. 7F~at in the eveM the ownership of the mongaped premises, w any part thereaf, becomes vested in • person other than the MORTG/iG0lt, the MORTGAGEE, its successws and autgns, may, witFavt notice to the MORTGAOR, deal with such successa or successor in i~ttrest with reference to this mortgaQe and the debt hereby secu~ed in the same manner as with N.ortgagor without in any way vitiating or dixharging the Mo~igagors' liabilify F~lrr under or upon the debt he~eby secured. 17o sale of the premises }?ereby mortgaged and no fwbearance on the part of the MORTGAGEE o? its suaessors or augr?s ~nd ra extension of the time for the paymenl of the debt hereby secured given by the MORTGAGEf or its suttessw~ or assigns, sfiall op~rafe to release, dixharge, mod~fy change or affect the orginal iiab~lity of Ihe MORTGAGOR herein, either i~ whole or ie part. 10. It is speci(icaily agreed thar time is of the essence of this contract and thsf no waiver of any obligation hereuniler or of tha obliystion sr cured hereby shall at any time thereafter be held to be • waiver of the terms hereof o~ of the inatrument secured he~by. ~ 11. In add~tio~ to the forego°rg monthly paymems of princ"pal and i~terest required by the promissery not¢ secured hereby, mort9aqa ~pvena~n ~ and agrees to pay to mo:tgagee with each monthly payrnent an addi~ional sum estimated by mortgagee to be equa! to 1/12 of the annual coat of the follow- ~ ing: A-All real property taxes levied or assessed against thc above described real estate. ~ B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desuibe~ prertiises, C-Premiums on such mwtgage guaranty ir.surance as mortgagee shatt frum i;me to time deem fit to carry on the ban secured hereby. Mongagee shall from time to lime notify mortgagor in writing of the amount due and payable •hereunder and such sum shall 11~erevpon be due and Fayable on the due date of the ne:t monthly payment and eath successive month thereafter urtil mortgagee shall notify mortgagw of a thsrge in wch amount. Such sums sha(( be appfied by mortgagee toward the payment of reaf property ta:es, insurance prem:ums, and mafgage guaianry inwrance premiums. • IN WITNES~ WHER~Of. the said MORTGAGOR has hereunto set his hand and seal tMe day and year firsf aforesaid, Signed, Seated and delivered i~ the presence of: A ~,L~~ _($ea~ ! ~ ~ ~ - q i ~Sea~ STATE OF fLOR(DA ~ St. Lc~cie u- courm oF s~r«~ ~~no~.uy ~~a.~d Pete Van Daele i and ` Maria Van Daele his wife, to me wetl known snd krwwn ta me to b~ ~ the individuab dewibed in and who executed the foregoing instrument, and ackrwwledged before me that they executed the same fo? ths purposes ~ r~.~~~ ex~~d. a~a ~~a Maria Van Daele w~fe of ths sa~d Pete V~?rl Deele examinaYan b me taken se pa uP°^ •~P+~~.!Rd privat~ y parate and a rt from her said husband, adcnowledged to and before me tMt the eaecuted said instru~tiqnf ,ft "~is~r ari{{. yplw~. ra~ily and withovf any compulsion, constraint, apprehernion, a esr of w from her said Fwsband. ti~ WITNESS my hand and official seal thi¦ I 7T~ da of ~yQ-~~ . t Y _ 'J , ` ` ~ '~f , ; FILEO AND ~ . ~ ` • • ~ ST, LUCIE COUNTY FL~°•tary Public in and for the S1~M oE.Qpr• ~af ~r = y Commiuion expires: ~ t ~ : ` Retum To: a%;~e!Rr! VF~~~iEO v _ ; ' First Feder~l Ssvings b Loan Astociation 1'~845:~ ~ C~ ~ Of Fwt P~erce. ~ ~ - ~ Fat, Pierce. FI«ida ~ Q OL ~ • 57 . . - T ~ ~ = (1` ~ 'fi9 M1 I ~ ~ . ~ ~ _ f~~~:~Cpac.~L`~"l'~'~'i' ; - ~ ~?OG~R FOIfiRAS " ~ ~ ~ This Instrument Prepared By ` First Federal Savings 8 loan Association CLERK CIRCUI? COURT i of Fort Pierce ~ Chedced BY bas t~-i-~ 4 . 8QOK177 ~1485 ' K _ . _ . _ ~ ~ f 1 ~ _ - - ~ Y~~~-;.~~ .H:.,