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Home My WebLink About1313 f ~ 4 3. To pl~ and cpntinvously kc~p o~ tM buildinps now w Mr~aftK ufvaq oe said land and a? ~II equipnent and perwn~lly cover~d by this mort~ +p~, with ~II premi~ms the~eon p+;d ie full, fin insur~nc~ i~ rM ~iwl iundard pol'Ky form, in • s~m ~pprovad by the MORiGAGEE, ~nd wird~twm insu~ance in tM uswl ~undard poi~cy fam, (n ~ sum apprsv~d by tM MORTGAGfE, bn such company w companiss as tM MORTGAGEE may d'uett; ~nd all fir~ and winditwm iewwu+u policies o~ ~ny of said kwildinpa, ~~y intenst ther~i~ or part t4Kreof, in tFw apgre~ate wm ~fatiaid o? In ~xcess thereof, sMll conbin tM uswl sundud ~..:-•~e~ clsus~ or tuch otFwr tlaus~ u ths Mortp~ee may rpud~, enakinp tlw loss unckr said poti~ cies, eacA ~nd every, payabte to taid INORTGAGEE u ib inte~est may ~ppear, ~nd each and every s~?ch poliq ih~ll b~ p.omp~ly au:yned and dtlivered to any MW by said MORTGAGEE ~s fur~her secvrity to said mwtpa~ dcbt, and, not ku than ~e~ (10) days ie+ sdvance of tM expir~tion oi each policy, ro da liwr ro~aid MORTGAGEE a raxwal f!?ereof, tope~Mr wirh a raceipt for the premium of such renewsl; and fAen shall bs no firo w windstorm ie+wr~nc~ pl~c~d on aoy of said buildings. ~~y inte~e~f fhHein or part ~hereof, unleu i~ tAe form and wifh tM loss payable u ~fo~es~id; ~d i~ ~he ewmt any sum of money becpnes payable unde~ such policy o~ polici~s uid MORTGAGEE ~hall Mve the option to receive and appty tAs same on accovn~ of the i++debted- ness secured hereby or lo parmif iaid MpRTGAGORS to reteiw and us~ it or any part thtreof fa othcr purposei, witho~t thrreb/ waivi~p o~ ~mpai~- inp any puity, lien w riyht under a by virtw of this morspape; and in tM eve++l sald MORTGAGORS shall for any reaso~ fail to keep the isid promises to iniured, or fail to d~liv~r promptly ~~y of ssid policiea of insuranc~ ro sa~d µOetGnGf~, a tail promp~ly to pay fully ~ny premium theretor a in u+y ' rt~pett f~il to pkform, dixhuqe, execute, effect, complete, comply with and abide by this covenant, w any pa~t hareof, said MORTGAGEE m~y place ~nd Day fw such ins~rance w any part thereof withouf waivinp or affectiop any oplion, lien, eq~ity, or r~gM under or by virfw of ~his Mwtya~e, and tht fuN artweint of each and ewry wch payment shall bs imrnediately dw and pay~ble ind iMll bear interest from tfis dale thcreof umil paid ~t ths n~e o1 nine per ce~tum par annum and together with tuch interest shall be setured by tFN lien of Ihia mortg~ge. 1. To permit, tommit w sufitr no waste, impairment or detcrioration of said property ot any parf thereof. S. To p~y all and singulu tM cosn, charqea ~n~ expenses, includinp a reasonabie ~ttorney's fee and msts of abstracts of title, intwred p paid at any time by said MORTGAGfE, because w tn tl+e event o! ~he failure on the pan of the aaid MORTGAGOR to duly, promptly snd fully pe?fwm, dixhsr9e, ezecute, effect, complet~, compty with and ab:de by each ~nd every tF~e stipulat~ons, ~yreenxnn, conditions, ~nd mvenants of said promiswry note and this mwtgage sny w euhe~. and sa~d casts, charges and expens,.-s, esch and every. sl»U be immediately due and payable: whe?her a not thue be noticc da mand, attempt to collett or wit pendinq; and the full amou~t of each and every such payment shall bear inrerest from the date thereoi v~til p~id sl ~he rase of nMe per centum per annum; and all said cosq, :harges and ezpe~ses incurred or paid, together with s~xh inte~est, ~a!! bt secured by ths lien of tbis mortpap~. ~ ~ 6. That (a) in the event of ~ny brexh of thia Mwtgaye a default on the part of the MORTGAGpR, w(b) in tM event ~ny of sa~d tvms of money herein referred to be not p~omptly and fully paid within thiny (30) daya next after the same severally become due and payable, without demand w notice, or (c) in tF?s event each and every the stipulations, sgre~nri, cond~?ioos and covcna~ts of sa~d promiuory note and th~s mortyaye any or tither ~re nol iuly. Promptly ae+d futly performed, d~stharged. executcd. e4fected, completed. compGed with and abided by, tF~ in either or a~y such event the iaid ay~ gregate wm mtntaned in said promiuory note then remain~~g unpaid, with interest accrued, and all moneys xtured hereby, sMN beco~ne dw ~nd pey~ abte fwthwith, q thereafter, st the option o1 said MORTGAGEE, ~s fully and completely as if alf of the said wms of money were origi~ally ~tipulated to be paid a? such day, anythirg in ssid promiuory oote w in this Mwtgage to the contrary nofwithstanding; and thereupon or thereaher at the option of iaid MORTGAGEE, wifhout nofice w demand, tuit at law or in puity, therefore or thereafter beg~n, may be prosecuted as if all moneys secured hereby had matured prior to its institutiq~ 7. That in tha event that at the beginning of or ~t eny time pending any suit upon th~s Mortgege, « to fwecloss it, or to rcfwm it, or to cnfwc~ payment of any daims lxreundc~, ssid MORiGAGEE sF+all apply to the Court havi~g juriulrction thereof 4or the appantmeM of a Reteiver, such Court shall forthwith appoiM a rective? of said mortgsged prqxrty all and sing~lar, irxlud~ng all and singular the income, proi;ri, issues and revenues from whatever source derived, each and every of whKh, it being expreas~y undersrood, is htreby mwtgaged as if ~pec;ficaUy ut fatb and described in the grsn~ing and habe~d~m cliuses hereof, and such Receiver shall hsve all tlx b?oad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, ~nd such appointment shall be made by s~ch Court ss an admifted equity and a matter of absotute right to said MORiGAGEE, and witAout re/e~ence fo ihe adequacy or inadequacy of the valve of fFk property rr.;,:+gaged w to the soivency os insotvency of said MORTGAGOR a tt+e defendants, and that such renrs, profits, incwne, iu~es and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the pradice of such Courf. 8. To duty, promprly and fuRy perform, d~xha~ge, execute, effect, complere, comply with and sbide by each and every the stipvlations, agreertKMt, conditions and covenanrs i~ said prom;uery nete and this mortgage xt fwth. 9. That in the eveM the ownenhip of the mortgaycd premises, or any part tF~ereof, becomes vested in a pcrson other than thq MORTGAGOR, tht MORTGAGEE, its successws and suigns, may, without norice fo the MORTGAOR, deal with euch sexceua p successor in interest with refe?ence to this mortg~ge and the debl hcreby secured in the same mahner as with Mortgagor witFwut in any way vitiatirg w dixharging tF?e Mortyagors' liability htrt under or upon the debt hereby secured. No sate of the Fremises hereby mortgayed and no forbeararxe on the part of the NtORiGAGEE w its tucctssws or auigra and no extension of the time for the paymem of the debt hereby secured given by the MORTGAGE~ or its ~uccessors or assigro, shall operat~ to release, discharye, modify change or affect the original liabil~ty of ihe MORTGAGOR herein, either in whole w ie? part. 10. It is specifically agreed that time is of •the css~nce of this con~rad and ~hat no wai~cr of any obGgat~on hereundcr or of the obligaiion se- c~red hereby shall at any time thereaher be held to be a waiver of the terms hereof w of the irutrumeM secured hrrby. I1. In add;tion to the forego:rx~ monthly payments of princ'pal and interest required by the promissory nore secured hereby, mortgagor covensnts and agrees to pay to mortgagee with each monthly payment a~ add~rio~al sum estimated by mortgagee to be equal to 1/ 12 of tlx annual cost of the follow- ing: • A-All real property ta~ces kvied or uussed against the above deuribed resl estate. B-Premiums on fire and windstorm insurante as herein requ;red to be carried on Ihe improvertsents situate on the above described premises, C-Premiums on such mortgage guaranry insurance as mortgagee shall from t~me to time deem {it to carry on the loan secured hereby, Mortgagee shall from time to time notify mprtgagor en writing of the amount due and payable hereundrr and such sum shall therevpw~ be due a~d Fayable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in s~ch amount. $uch s~ms sFall be applied by mortgagee toward the paymcnt of real property faxe3, insurance prem:ums, and mortgage guaranfy insurante premiums. IN WITNES$ WHEREOF, the said MORTGAGOR hss lxreunto set his hand and seal the day a~d year fint afwesaid. ~gned. 5!ed and ivered in the presentt of: ~r~EO aNO RECOaoEO* ~ ST. l.UC1E COUNTY~oLA• s~~n ~s~n ' ~ ` 1~~~~~~ ~se.n SZATE OF FIORIDA ~11{~ 27 ~'0 • S couNn oF St. 4uci~ ~ ' ~7 u` ~ Before me penonally appeared F and ~ad B ~ ~ OURT h~s w~ie, to me well known and knowe to me to be the individ~ab desnibed in •nd who executed tf?e fore4oiny ~ ument, and ack~qwtedged be{ore me that they exetuted the same for the purpose~ therein expressed. Md tha said .l wife of the said F=Yd k+nQS upon a separate snd privat~ examination by me taken xparate and apart from Mer ased hvaba~d, adcrawledged to end before me that she executed s~id instrument lresty and volun- rarily and w~thout any compulsion, corntraint, apprehensi~ot fesr of a from her said husband. WITNESS my fwnd and officiat seal thi~ g dsy of J~e A, p, ~q 69 ~ Notsry blic in and for the Sute of Florida ~t l~rp~ Return To: . My m~uan eapires: ~ 6 ~ S 7/ Fint Federal SavFngs ~ Lwn Assoc;ation Wo{ary ~ic, SUk ot Horida at Large _ Of Fort P;erce. 14+9• ~ . FQrt Pierce. Florida ,••••••,.•I. ~ ~ E~ ~ ~ ..~`;,t.. ` F1lED ANO RECOROE~ ~ ~ - ST. LUCIE COUNTY. FLA. This Insirument Prepared By i ~.I . ~t~:C~~~ ~ERiF1ED First Federal Savings b Loan Association _ ~r~~;~~iJ~`~ ~ of Fort Pierce ~ : ~ 0 PM !2 ~ ~ - '69 JUN ' John l~v. co113n: ~ ~ . Checked By ~ `.,t Jc... ~,~G~1 r~o~~ER 76~TRas _ , 800K~~ ~ ~~ERK CIRG~UIR COURT: . 80GK 1?7 P~.r~~~•J1~ ~ : ~ - - ~ . - - = J ; _ ._:_i