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Home My WebLink About1124 ~ ~ , ~ . Jr. ~ 3. To plac~ a~d conti~vovsly ke~p on tM bcildinpt now a haeafter ~i~wt~ on s+id l~nd ~nd o~ ~II equipme~t ~nd pNSOnally covsrad by this mort~ sg~, wilh ~11 pr~miums the~eon p~~d in full, fire i+uur~nct in th~ uiual standard potiq fwm, in a sum approved by the MORTGAGEE, and windstorm iniuru~c~ in the uswl gandud poGcy fam, i~ •:um ~pprov~d by tM MORTGAGEE, in such campany w tompa~ies as ~M MORTGAGEE m+y directj and ap firo u~d winds~orm insurance policies on eny of isid lwild~~gt, any interest tl+HCa+ or put tMreof, i~ 1M apyreyah tum ~faesaid w In ~acess Il+er~of, sMl1 contain tl» usval standard mortga9ee ci~uss a such o~her cl~us~ ~s tiw Mor~yaga~ rt+ay rcqv~rs. makir~ eM toss vrxfa said poli~ cicy, tach and every, p~yabfe to s~id MORTGAGEE as it: inte~eat may appea~, and each snd ~very ivch policy iAaU be promptly us:~ncd and delivered to any held by said MORTGAGEE u furti~er security ~o ssid mortpage debt, a~d, not leu IMn ten (10) days i~ advance of 1M expiration ot c+ch policy, to d~- liver 1o aid MORTGAGEE a renewal the~eof, topelF+K with a receipt iw the premium of tuch renewal; and lhere ihall bs ra i'ue a windstam infur~ncs p~ac~d on any of said buildings, any interesl therein or part thercof, unless :n ths form and with the lou payable as afwesaid; and in the ev~n1 any swn ' of mon~y becomes payaWe u~der such poliq or policies said MORTGAGEE ahall have the opt~on to roceive and appty the same on account of the indebted- neu ~ecured Mreby Or to permil pid MQRiGAGORS to rKtive and vis it p any part thereot for othc? purposes, withovt thareb/ waivi~y ot ~mpair• irq ~ny p~ity, IiM ot right vndK or by virtue of this mo:tgsye; and in the eve~t sa~d MORTGAGORS shall fw any ~easo~ f~il to keep the uid pramises so insured, or fail lo delivar promptly ~ny of said policies of insurance to said MORTGAGEE, w fail prompNy to pay fully any prene;um therefor w in any respacf faFl b p~ri«r~, dixharge, execute, effect, complete, comply with and ab~de by tlus covenant, or a~y part he~eof, said MORTGAGEE may pl~ce ~nd pay fw such i~suranc~ o~ ~ny part ~hereof without w+ivinp or affectinp any option, lien, equity, or righ~ under or by virtw of ~hii Mo~tyage, and the full amount of each a~d Mvery such paymenf shall be immediately dus and payable and shall bear interest from ths dafe thereof ~ntil paid a1 tM rat~ 01 nine per centum pe? annum and together with such i~te+est shall be secured by the fien of this mort~age. 4. To pamit, comrt~it w tuffer no waste, impairment w deterioration of said property or any part thereof. ~ 5. 1o p~y all aod singul~r ttie costs, chsrges ~nd expenses, including s reasonable ~ttwney i fee and cosrt of sbst~acts of titte, incw~ed or paid a1 eny time by sud MORTGAGEf, becavse or in the even! of 1he failure on the part of 1he said MORTGAGOR to duly, promptly and fvlly perform, d~icha~ge, ! execvte, effecf, awnplet~, comply w;th and ab~de by esch and every the stipulations, sgreemenn, conditio~s, and cove~ants of said promissory note and thit ; r*+o?t9+ye ~ny a either, ~nd sa~d coab, charges u+d expenses, each and every, shal! be immed'eately due and payable; whetF~er or not ther~ be notics de~ ~ mand, ~ttempt tio colled ot suit pending; arxl 1he full amouM of each and every suth paymenf shall bea. interest from the dat~ therepf until psid at the i rare of nine per tentum per annum; and all said costs, charges and expe~ses inc~rred u p~id, together w~th such inte~est, shsN b~ secwed by th~ lisn of tha ' ^'orty+De- ~ Q That in the svent of any breach of this Mortgage o~ default on the part of the MORTGAGpR, w(b) i?? the event any of said surtu of money j herein referred to be not promptly sod fully paid within thi~ty (30) days next after the same aeveralfy become due and payable, without demand a ~otite, { or (c) in the event e~ch and everyr fhe stipulations, sgrermenrs, cw~ditions and covenann of sa~d promiuory note end thu mortqsge ~~y w either ~re no1 ! ~uly, prompNy and fully Fe?fwmed, discharged, executed, eifected, completed, complied with and abided by, then in eitixr w any such ~veM 1hs iaid a¢ f gregate sum mentioned in said promissay note then remaining unpa~d, wi?h interest accrued, and all mortey: secured he?eby, shall betoms due and p+y~ abie fwthwith, or thereafter, at the option of said MORTGAGEE, as fully and comptetely as if atl of the said sums of money were orginally stipulated to be paid on such day, anything in said promissory note w in lhis Mortgage to the contrary notwithstanding; a~+d thereupon or thereafter i/ the option of said MORiGAGfE, withovt notice or demand, ~uit at !aw w in equity, thcrefore w thereafte~ begun, may be prosecuted as if all me~~eys ieturnd heteby had matured pnw to in institution, 7. That in the avent that at the beginning of or af any time pending a~y wit vpon this Mortgage, ot to fo~eclos~ it, or fo refam it, w to enfo?u payment of any ctaims herevnder, said MORiGAGEf shall apply to the Court having ju.isd;dion tl~ereof for the appo~~tment of ~ Receiver, such Co~rt sMall fe•thwifh appoint a receiver of said mortgaged pro}~erty all and s~ngular, incl~d~ng all and aingular the intome, profits, iuues and revenues from whatsver wurce derived, each and every of whith, it being expreuly understood, is hereby mortgaged as if specifically tet forth ant! dewibed in the grantinp and habcndum clauses hereof, and StKII R!ClIVN sha~l have all the 6road and effective funct~ons and powers in anywise entrusted by a Court to a Receive?, and such sppoir.!rr.ent shall be made by such Court as an ad:nitted equ~ty a~d a malter oi absolute right to said MORiGAGEE, and wifhout re(erence to fhe j adequacy w inadequacy of the valur of the properry mortgaged o~ to the so~vency or insolvency of said MpRTGAGOR or the defendants, u+d that such f rents, profits, income, iu~es and revenues shall be applied by such Receiver according to the lien ot equity of said MORTGAGEE and the pratfite of s~th ~ Court. 8. To duty, promptty and fully perform, discharge, execute, effect, complete, ce+nply with and abide by tach and every the stipulations, agreements, conditions and covmants in sa~d promisswy ~wte and th~s mortgage set forth. 9. Thaf in tht event the ownership of the mortgaged premises, or any part thcreof, betomes vested in a person other thao the MORTGAGOR, the MORTGAGEE, ifs succeuws and auigns, may, without notice to the MORTGAOR, deal with such successw or successor in inte?est with reference to lhis mortgsge ~nd the debt hereby setured in the same manner as wifh Nbrtgagor without in any way vitiating w discharging the Mottgagots' liabifity here- under w upon the debt hereby secured. No sale of the Fremisea hereby mortgaged and no forbearance on Ihe part of the MORiGAGEE or its successo?s or auigns and ra cxrenz~on of the time fa the payment o! the debt hereby secured given by the MORTGAGE~ or its tuccessors or auig~s, shall operate ro release, dixharge, modify change o~ affect the original Iiab~Gty of the MORTGAGOR herein, either in wiwle a in part. f 1 10- H is specificatly agreed that time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- f cvred hereby shaU at any time thereafte~ be held ro be a waiver of the te~ms hereof or of the instrument secured berby. ~ r 11. In additio~ to the fwego'ng monthly payments of princ'pal and interest required by the promisso~y note secured hereby, rtwrtgagor tovenants and agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: A-Ati real property taxes levied or assessed against the above described real estate. B-Premiu~ns on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above described premises, C-Premiums on such mortgage guaranty insurance as mortgagee shat! f~om time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable he~eur~der and such sum shafl thereupon be due and + ~;ayable on the due date of the next monthfy payment and each successive month thereafter uctit mortgagee shall notify mortgagor of a change in such amount, $uch sums shall bo applied by mortgagee taward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR h~~~~ntA~ hp~l+a~.iR¦a~•ow.~ the day and ar firsf aforesaid. Sgn d. Sealed and eliv in the p?exrxe o 8T. LUCIE COUNTY, FLA. , :cr`1^^ ;~E~{!~tEO .q ~ i•~..I~VV an - ' 9 Jl~~~ 2 4,PM 3: 2 c~' cs~.o ,L-„ STATE OF fLORIDA counrrr oF ST • U_~CIE ~n~, - a tTR~S Before me perwrwlly appeared CI.Er'ZK C(~I~BStEr and Margie E. Nungester hii w~fr, ro me well known and known to me to b~ the individwls deuribed in and who executed the faepang instrument, and acknow{edged before me that they executed the same tor tbe purposes rr,~?~~ .xa~d. a,a rtb said ~targie E. Nungester wife of rh. s~;~ - ~Yd A. ~ungester upon • sep+nte and privd* examinstwn by me taken separate and apart from her said husband, acknowledged to and before me tha: she executed said instrurrKnt freety and volun- tarily and w;thout ~ny compulsion, constraint, appreherqion, or fear of or from her said husband. WITNESS my hand and official seal thi: ~ ds of June 69 '-r Y A. D. T 9 • otary Public in end fw the Statr of Fbrida at lar~ My Commiuioa expires: ~ aerw~ To: . h~bi~c. Sbte oi Horids ~t large Fint Feder~l Savir~s 6 loan Associatfon - y„ E~~ St~. 23, ~969 Of Fwt V;crce. . Fon Pierce. Florida ' ~ A'~'~~ i'~ G. . , . • „ : > ~ ~ - This Instrument P~epared By Richard K. Kaye s,.-,~•.;. ; First Federal Savings ~ loan Association ~ . _ • : ~ ~ of Fort Pierce ~ Florida . ~(j~K FA~f~~~ ~ ~ ~ . ~ , : ,t- ~ _ , _ _ _ -