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Home My WebLink About0097 ' 9. To plap ~nd continuo~ily kNp on tM buildie~ys now or Mr~afta ~ituat~ on said land and on all p~ipr~nt and p~non~lly cova~d by this mortq~ p~, with dl prtmiums thereon paid in fvll, fin intur~ncf in tM wwl ~~~ndud pottcy form. - in ~:um approwd by tM MORiGAGEE, ~nd wind~torm tnwrann t~ th~ vswl ~»ndud pol~cy f«m, tn ~ sum ~pprov~d by ~M MORTGI?GEE, in wch company or oompaoies ai tM MORTGAGEE ~nay dindt u+d ~II f'u~ a~d wi~btoryn inswanc~ policies on ~ny of said buildirga, ~ny int~sl ther~in or prA tM~wf, in fM ap9reyat~ wm ~forrsaid ot In ~xass thenot, sh~ll contain tM uswl standard matpaye~ davs~ a svch aher cl~u~ as tM Matpa~e~ may ~eqvir~, makiny tM lost under said poli~ ci~s, each ~nd ev~ry, p~yabM w said MORTGAGEE ~s its intarest may appsar, and each a~d ~very s~cF~ policy ihall bs promp~ly au.~ned and delivs~ed ro u+y Mld by said MORTGAGEE u tu?ther security ~o said malpa~~ dsbi, snd, ~wt I~u tMn tee~ (10) days in advar~u of Ihe ~xpira~ion oi sach polity, to da liwr to aiid N10RTGAGEE a renewal tMteof, toptth~r with s receipt fw tAe pr~mium of suth renewal; and ther~ shsil bt no fire w windstam inwr~nt~ plac~d on any of said buildirgi. ~ny intertst thtrein a put thereoi, ~nleu i~ tM fo~m snd with th~ loss p~yable ~s aforeiaid; ~~+d in th~ ewnt any wm of nweNy becomes payaplt v~ such polky or polici~s sa3d MpRtGAGEE shall Mw ~hs option ro receive and appty ths same on acco~ot oi tM indebted ness setv~ed Mreby a to permit said MORTGAGORS to reoeiw and tn~ it or any pa~t the~eof fw other purposes, without ihereb~ waivi~~ w impai~- irq any pu;ty, lien or ~ght ~nde? or by vinw of ~hts morfys~e; and in tM ~va+t said MORTGAGORS sha!! for any reason fail ro keep the s~id premises so insured, or f~il b deliver promptly u~y of said policies of inswu~c~ to said MORTGAGEE, a fail promptly to p~y fully any premium therefor w in any rospect fail to p~rfwen, dixhar9e, execute, ~Hact, complets, comply with and abide by this coveaant, or any ps.t iiereof, said MORiGAGfE may plap end PaY Fa s~ch ~++sv~ancs or aoy psrt th~rsof without w~ivirp w aff~ctinp ~ny option, lien, p~iry, or ri9M under or by virtw of this Mortpaye. ~nd the ~ full anwunt of ~sch and ~v~ry tuch payment shall be imm~liately due and p~y~bl~ and shall bear interest from tM date thereof ~ntil paid ~t tM rat~ of n~ne per ca+tvm psr anrwm and togethe~ with wch inte~mt sh~tl be secured by th~ lien of this mwtgape. To permit, commit or s~ffer no wait~. &npai~me~t or deterioration of sa;d property w~ny p~rt lhereof. 5. To pay all and iinpvlar the tosts, chsrQss ~+d expense~, includirg a reasonsble attaexy's fee and cosh of ~bitracn of title, incurred a p~id at any time by said IMORTGAGEE, because a in the tvent of the failuro an the p~r1 of tM ssid MORTGAGQR to c+vly, promptly a~+d fuUy perform, diuhargs, execvte, ~ffett, comptete, comply with and abide by each ~nd every ths stipvlations, agreements, conderion~„ and oovenann of said promiuory ~ote and thi~ mortysgs a~y or either. ~nd ~a~d cosy, ch~rpes and expenses, eacF~ and erery, sMll be immediately due and payable; whether or not there b~ notice de~ msnd, anempt to collect or suit pend~ngj and tM full amount of each snd every uxh payment ihatl bear iote?est irom the date the~eof until paid at the rate of nine pe? tentwn pe~ annum; and all said costs cMrges ~nd expenses inturred or paid, togelher with such interest, shall M setu~ed by tM lien of thq ~ i d. 7F~at in the event of sny breach of this Mort9ay~ or default on the part of the MORTGAGOR, or (b) in the event any of u~d s~ms of money ~ herei~ rofer~ed to be not promptly and fvtly paid within thirty (30) days next sfter the same sevaally become due and payable, wilhouf demand or notice, or (c) in the eveM each and every the stipulations, agreements, conditioru a~d covenants of said promiuory ~ote snd th~s mort~pa~ any or eilher are not ; iuly, pranptly and fulty perfwmed, d;s~hsrged, executed. ~ifected, compteted, camptied with and abided by, then in either a any svch svenf tM said a~ ' gregate wm menYwned in said promiuory note then remai~inp unpaid, with i~tereat acuued. and all moneys secured Ixreby, ihall bec~on?e due and pay- able forthwith, w thereafter, at tha option of said MORTGAGEE, ss fully and compktely as ii atI of the said wms of moner were aigin~lly stipulated to be paid on such day, anything in said promiuory note w In this Morty~ to Ihe contrary notwithstanding; and tFxreupon or tlxreafta at the option of sai~ MORTGAGEE, without notice or damand, wit at I~w w in equity, therefore w thereaftev begun, may be proxcuted as if ~II moneys secured !?ereby had matured pnp to its iratitution. 7. TMt in the event thst at the beginn;ng of or at any tima pendeng any wit upon this Mortgage, w to faeclose it, ot to reform it, w to enfwte payment of any claims hereunder, said 1NORTGAGEE shsll apply to the Court having jur~ad~ction thereof fw the appointment of ~ Receiver, such Coun shall forthwith ~ppoint a receiver of said mortgsged properfy att and singuta~, intlud~ng all and singular the income, protits, iuues a~d rever~ues from whatever source derived, each and every of which, it being expreuly voderstood, iy hereby rtwrtgaged as i4 specifically set forth and descrlbed in the gra~tiny and habendum cla~ses hereof, a~d such Receivn shatl have all the broad and effective funct~ons ~nd powers in snywise enirusted b~r a CouH fo a Receiver, a~d such appointment shall be made by wd~ Co~rt as a~ admitted equiy and a maner of absolute right to said MORTGAGEE, snd witlw~t referente to tha adequscy or inadequacy of the vslue of the p?operry mertgaged o~ to the solvency w insolvency of said MORTGAGOR or the defendann, ~nd that such renis, prOfih, income, issues snd ~evenues shap be applied by such Receiver aaord~ng to the lien or equiry~ of said MORTGAGEf and the practice of wcl~ COUff. t 8. To dvly, promptly and fvly perform, discharge, execute, effect, comptcte, comply with tnd abide 6y each and every the stipvlations, agreemenn, conditioro and covensnts in taid promissory note and tha mortgage set fwlh. ` 1 9. That in the event the ownership of the mwtga9ed pr~mises, or any parf thereof, becomes vested in a penon other than the MORTGAGOR, the ~ MORTGAGEE, its succeuon snd assigm, may, without notice to the MORTGAOR, deal wifh such waessor o~ wccessor in imerett with reference to this mortgage ~nd the debt hereby setured in ihe same marx~et as with JNortgagw without in any way vitiating or disthargi~g the Mortgagors' liability htre- under a vpon the debt hereby yecured. No sals of the premises hereby mortgaged and no fwbearance on the pan of the MORiGAGEE w its s~tceasors or auigns and no exrension of rhe time for the paymeM of the debt hereby iewred given by the MORTGAGEf w iri successws or assigns, ~Full operate ro release, discharge, modify d~rge a affect the wiginat liability of the MORTGAGOQ herein, either in whok or in part, i0. tt is specifically egreed rhat time is of the esxnce of this contract and that no wiiver of any obl'gation hereunder or of ths obligation se- , cured hereby shsll at any time thereafte? be held to be a waiver of the terms hereof a of tha instrwnent secured herby. 11. In addition to the forego:ng monthly paymeMS of princ:pal and interost required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mongagee with esch monthly payment an addirional sum est~mated by mortgagee to be equa! to 1/12.of the annual cost of the foUow- ing: ~ A-All rea) p~operty taxes levied w assessed against the above described real estate_ B-Premiums on fire and windslorm i~surance as herein requ;red to be tarried on the improvements :ituate on the above desuibed premises, C-Premiums on such morfgage guaranty insurance as mortgagee shall From time to time deem fFt to carry on the loan secured he~eby. Nlortgagee shall from time to time notify mortgagw in writing of the amo~nt due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive monlh thereafter urtil morfgagee shall notify mortgagor of a change in such amount. $uch sums shalt be apptied by mortgagee toward tl+e paymenf of real property taxes, insuronce prem:ums, and mortgage guaranry insurarxe prtmiyms. IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day a ar fint aforesaid. Signed, Seated and delivered in tl+e presence of: ~ a 4 ' ~ 1 P aTe oF Ftoaio~? ~ . cour~n oF St. Lucie u' ~ Before me penwully appesrcd Harvey E. Moser - and _ PatYiCia R 1~bG~r his wife, to me well knoMm and krawn to tne ro b~ the ~nd;ridwls described in aod wtw executed the foregoirg instrvment, and acknowledged before me tMt they executed the same for ths p~rrposes rr?e.ein exp,essed, /1nd ,he ,,;d Patricia R. Moser w~(e of tM said Harvev E. Moser upon a sepxate and privat~ exam~eufan by me taken separate and apart from her ssid husbsnd, ac(cnowledged to and befwe ms that she executed said i~utrpne ftN1y and vptvn. ta,ily and witF~o~rt ie~y compubion, constraint. ~pprei+eeua~, pr fear of w from her said husba~d. r~ ~jL,~~~ _ WITNESS my hand ~nd official seal thi~ ~ 9 day of , ~ ~•~%1.'Dti l~, 69 ~ aECOROEO,~ ~~ry P~aK fa 5~.~.:~ ~ rt~n,.~ Ta: fILED AND F1.A. My c«?~?~~~.~w? ex~„~a: /,Z ~ ~ First F~al Savi CIE COUNTY. < ~ . . - ~ a t~, n&~~, l e~ O R~ V E R FI E, O s,.~ ' ~ Of Po?t P~erce. ~ t' ~~1~ • Fwt Pierce. Fforida , , i- ~ ~ . . , j ; : '69 JUN 5 AN 11:36 This Inst~ument Prepared By First Federal Savings d~ Loan A~qq~p017RA - of Fon Pierce CLERK CIRCUI7 COUR7i s ~ Checked By J. Chastain : sO~K~~ F~ ~ ; ` ~Y1' _ - - r f . - ~ -~,y