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Home My WebLink About0544 . t _ v : . a 3. To plan +nd continvo~slr ke~P on tM buildinps now o? her~ahK ~ituab on ~id land uid on all puipm~nt ~nd p~rsoeully cow?~d bY this nw~1~' p~, with all pnmiwm ~ha~on p+~d in fu16 fln inwru+c~ a+ tFr uswl standard policy fonn, h• aum approwd by ~M MORIGAGEE. ind wiexl~torm irow«+c~ in tM viwt saoda.d po6cy farn, in ~ wm approwd by tM MORTGAGEE, M wch canpu?Y o~ can+P+nia +s ~M MORTGAGEE in+y dinctl and all fin +nd wl~dswrm &nwano~ policiN on any of said buiWiep~ any inrKat therein or part tM~eof, in ti~ +~p~e9at~ u~n+ ~fa~said a in ucass thsrwf. sh~ll contain tM wwl sqndard mort9spk d+u~ a such ah~+ d+~?s~ +s tM Mwtqap~e m+y ~~qu~n. maklnp tFr loss unde~ said poli~ ci~s. ~ach and ~vKY. WYabI~ to said MORTGAGEE a~ ib ietaat nay app~ar. and ~sch and ~ve~Y svd? P°~icl? ~Mil b~ p~omptly ess:Qn~d and d~liw.~d ro ~ny Mid by wid MORTGAGEE as fwtha s~a+~ity to ssid matpaQ~ debs. a~d. ~wt I~u thu~ te~ (101 d+YS In ~dvanos of the acpir~tion of ~ach polky. to dr IivN ro~id MORTGACsEE ~ nMw~l tMnof, top~thw with ~ rec~ipt fw tM pt~mwm oi suth re~w~l; a~d thtr~ ah+ll bt no fir~ w windstorm inwra~u pix~d on ~ny of aid bwldrgs. ~ny inter~st tMrein o~ pirt tM.wf, unt~u in th~ fam and with tM loss p+y+bl~ as aforeaidr Md 1n th~ ~va~t ~?y swn of moMy becan~s payabi~ undN wch poikY w Dd~ s+~ ~TGAGEE ahall Mw th~ option to nceive ~nd apply th~ sun~ on account of ths Ind~btac~ nsss wcw.d hereby a a permit said MORTGAGORS ro reaiw +nd us~ N a~ny ps.t N+ereof fw oiher purposes. wi~hout thmeb~ waivi~~ or impair- irg ~ny pvity, lien or riyhf vndN a by v"utw of tl+is mort9apet +~d ~ tM ~va+t s+~d MORTGAGORS ahall fw ~ny reawn f~il to keep t!k said pr~misea so inw~ad, or fall Io dtliwr promptly u~y of said polities of iequrano~ to said MORTG/1CaEE, or fail promptly fo psy fully any prtmium t1+Kefo~ ot M ~ny r~spect fail b pufwn4 discF?~ry~. ex~wt~, ~H~ct. compltt~. oomply wlth ~d ~bid~ by this cow~+o1, p~ny put Mreof, said MORTGAGEE msy pl~os ~nd WY fa wd~ ieaw+r~ os ar?y part th~rwf withovl waivup or ~H~clinp u.•; opYwn. ~iee. eq~i~Y. w ripht under or by virtw of this Man~+pe. and tM fvll aenouet of each and wKy wch p+ymMt sh+ll b~ imr~edi+Mly dw a^'~ °'yabl~ and sh+ll beu interest from tM dat~ thereoi un~i1 paid at tM ~at~ oi n;ne p~. c~?tum pK anwm and to~ahe~ wi~h wch inrer~ar sl?~II be aacured by th~ Iwn of this mat9ape. I. To pKmit, aarynlt o~ wfhr no wute, Mnp+ument or detKaratioe of said propKty w a~ry p+rt thereof. 5. To pay all ~nd sirgular tiw costs, ch~?pes and ~xp~ns~~, i~cludinp a nason~bb attom~y's fe~ snd costs of abstrads of titl~, incu~.ed w p~id ~t any time by s+id MORTGAGEE, b~caoss w in ths ewnt of tM f~iluh oe tl+~ pKt of th~ wid N10RTGAGOR to duly. promptly ~nd fvlly perform, dischuyR execute, ~ff~ct, compl~t~, oompty with u~d ~bidt by each +nd wery tfi~ stipulatio~s, +~~aements, conditi~ns ~nd oovenaori of ssid promissory not~ uid thy mortgayt aoy or eithN. ud aaid cosM, chsrpes and eapens~s. ~ach and we?y. ~hall M inunediately due ~nd p.yaWe: whether a not ther~ be ~otio~ ds maod, sttsmpt to coll~ct or suH pendiegj ~nd tM fvll srt~ount of tacfi and avery wch p+YmeiN sh+ll bear interest from the dat~ thereof until p~id d ths rate of r?ine per cenwm per arrwm; snd all sald cosb, cFw~s +nd expNUes ina::red w p~id, togethet with svch interpt, th~ll bs securtd by th~ lien of Mw 6. 7Mt (a) in the ewnt of any br~ach of this Mort9ap~ w dehult on tM part of the MORTGAGOR, o~ (b) in tM ~vent any of ssid wms of morry herein referred to be not prompNy and fully p+id within thirt~r (30) days nexl after the same sevaally becoma d~e and payable. without demar+d a notice. or (c~ in the event each and every the stipula~iora„ ~gree?n~ori, conditions a~+d cown~nb of said promissory note ~nd th~s mortpa~e sny o~ either ~ro no1 iuh, prpmptly snd fuly pafwmed, d~xharged, eaecvted, effected, compkted, comptied with ~od ~bided by, then ia sithsr or any such ~vent tM s+id y~ gre9ate wm mentaned In pid promissot~ note ihen ramaininp unpaid. with interesf ~ccrued, and all moneya setv~ed herebY. shall become dw and p~y~ able 4wthwith, a therssfter, at tl+e option of said MORTGAGEE, as fully ~~+d completey as if ~II of the said wms of monay were agir?ally stipulated ro be pa~d on wch day. ~nything in said promissory note w in this MatpaQe to the con~rary notwithstanding; and thereupon w there~fter at ths option of said MORTGAGEE, witFaut notice w demand, wit at Isw or in ey~i?y, therefon or thereaher beg~n, may be prosecWed as if all ma+eys sacur~d hereby hsd matured ~Wr to in institutiOn. 7. TMt in the eve~t thst at the beginnirg of or at any tim~ pendirg u~y wit upon tha Mortgage, a to fweclose it, or to rofwm it, or to enforc~ payment of ~ny daims h~?eu~der, said MORTGAGEE sMll apply to the Covrt h~ving jwisd7aion thereof for the ~ppointmem of s Receive~, wch Court shall Iathwith ~ppant a ~eceiver of seid monyaged property all u~d sirguli~. Includ~ng all and singular the income. profits, issues and revenues from what~ve? source dsrived, each and every of wFi~ch, it beinp enpreuly understood, is hereby mortgaged as i( specifically set fwth ~rd destribed in the yr~ntinp and habendum dauses hereof, snd such Receiver sh+ll Mve sll tM brwd +nd effective furxt~ons and powen in anyw~se entrwted by ~ Court to • Receiver, and such ~ppointment shall be made by wch Court as an admitted equity and ~ m+tre? of ~bsolute right ro said MORiGAGEE, a~+d without reference ro the edequscy or inKleq~scy of the val~re of ti+e properry mortysped or to the wlvency or insolvency of said MORTGAGOR p tF+e dcfendanb, and that such rents, profits, income, issues and reve~uss shall b~ applied by such Receiver accwding to tM lian or equity of said MORTGACaEE and the practic~ of such Court. 8. To duly, promptly u+d fully parform, dnchsr9e, execute, effect, complete, oomply with v~! abide by esch and every th~ stipulations, agreertronts, conditio~s and covensnb i~ sa~d promissorY note ud this mortgag~ set fwth. ; 9. That in the event the ownenhip of the mo~tga9ed premises, or sny pa~t tFiereof, becomes vested in •;penon other than the 1MORTGAGOR, th~ MORTGAGEE, its wttessors aod auigns, may, without noNce to the MORTGAOR, deal with ~tucA wctessor w wttessor in interqt with ?eference to Mis rtwrtga9e and the debt hereby setvred in fhe sime manrKr as with Mortgago? without io aoy way vitiatiny w discharging the Nbttgsgors' li~bility hert under w vpon ~he debt hereby secured. No sak of the prem~aes hereby mortgaged ~nd no fwbearance on the pah of the MORTGAGEE w in successas w auigns snd no exter?san of the time for ths payment of tF+e debt hereby secured yiven by the MORTGAGEf or its wcussors or auiyns, rhall operut ro release, discharye, modify change o~ affetf fhe uiginal liability of the MORTGAGOR herein, tither in whok w in put. 10. It h specifically agreed that time is of the esscnte of this contract and that no w+iver of any obl'~gaYwn heteunder a of the oblipation se- cured hereby sF?sll at sny time thereafter be held ro be a w+~ver of rFK terms hereof w of the instrument sec~~ed herby. 11. In add~tion to the fwego:ng monthly payments of princ'pal and interesl required by the promiswry nore secured hereby, mortgagor covenants a~d sgrees to pay to mortgagee with each monthly payment an add~rionsl sum esrimated by mwtgagee to be equal to 1/12 of the annval cost of the follow- ing: A-All real property taxes kvied w assessed agai~st the above described real estate. B-Premiums on fire and windstorm insu?ante as herei~ reqv~red to be carried on the improvements sit~ate on the above described premises. C-Premiums on suth mortgage gwranry insurance as mortgagee shall from time ro time deem fit to carry on fhe loan setured hereby. Mwtgagee shall from time to time notify mwtgagor in writing of the amovM due and payable hercunder and suth wm shall thereupon be due and ' payable on the due date of the next monthly payme~t and each successive month thereafter ~r.til morigagee shall ratify mortgagor of a change in wch ; amount. Such sums sF.all be ap~lied by mnrtgagee toward the p+ymeM of real property taxes, iasurance prem:ums, and mortgs9e guaranty inwrarxe i premiums. ! IN WITNE55 EREOF, t said MORTGAGOR h+s hereunto set his hand and sesl fhe day ~nd year fint afwesaid. ~ i ed, Ssal an e' A~+ r~nce of: _ ~n € ~ ~ ~ ~ ~ c~N~ ~ ' ~--n ~ STATE OF FLORIDA ~ St_ L-L~e ~ COUNTY OF - ~f~ ~,a„~H ,~u~ Frank Laurito «+d ~ Carol Laurita his wife, to me well known and krawn to me to b~ ~ the individwla describad in and who ~xewt~d ths fore9oinp iratrumsnt, and scknowledped before ma tF~st tMy executed the same ior tM purposes ~ n,. Carol Laurito ~ ~{f ~ r~ F rank L aur ito „~o~ . s~par~ts and pri+rab r ex+min~tan by me tsken sep~rate and aput from he? said husband, acknowledped to and befwe m~ that she executed said irorrumem frs~ly and volvn- ~ rarily and without any compulsion, constraint, apprehMa~_' i~~ fe•u of or from Mr said hvsbsnd. ~ WITNESS mr hand aed offitial s~al lhit ~l - dsy `ju~ p. 19. 69 r,.~`" . ~ . ~ ~ / aty ublk in s?d fo? tht Stat~ of' floiid~ at tarp~ . ~ My Cannissioo ~xpir~s: _ . _ , Retwn Ta. ^ ` ~ " F~ru fed.ra) Savinps a loan ~?swciar~w, ~RT FifBLtLr =TATE OF R8Ap11 ~ ~ ~ ~ Of Fort P~erce. CO~pE x COMMISSION EXPIRES Iqp~; _ ~ ~ P~Ka. Florida EV ~ND R N~~ FI..~OED i11ROUGM .R~o x; qA~~~.-~~ ~ s ~ ~~C~E n V~ ,~S o 1/-a9 ~ - . . . . ~ RE . ~ This ~nstrument Prepared By ~,O ; 54 ~ First Federal Savings 3 LoAn Association ,u~y , 6 ~ of Fort Pierce ~6g ~ Checked By J. 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