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Home My WebLink About1321 , . 3. To plac~ and continuouily keep on tl» buitdinps now or Mraafta utvat~ on s+id land and on all eq~iprKnt ~nd pKSOnally covered by this morty~ j wiih ~I) premi~ms ihereor? pa~d in fvll, fire insv+~nn in ~h~ usuai st~ndard polity fwm, in • sum approv~d by the MORTGAGEE, ~nd wind:twm t iniuranc~ in ~he ~swl ~tanda.d poGcy fam, i~ ~ tum spproved by the MORTGAGEE, in s~ch company o? comp+oies as tM MORTGAGEE may ~ direct: and ~II fir~ and winds~orm insuruKe policie~ on +ny of seid buiW~np~, ~ny inter~st tMrein w pa.t thKeof, in tM apyroy~r~ ium ~faesaid a in exc~ss thereof, tMll conteio the ~sval sta~d~rd mortga~ee d~uu o? iuch other clause as tM Mortyayes may requ'u~. matinp tM loss u~da wid poli~ cies, esch a~d every. p+Yable ro uid MORTGAGEE as ils interal reuy aQp~ar, and each and every such policy shall b~ promptly ~u:9ned a~d delivered ~o , any Mld by said MORTGAGEE as f~rthar se~~rity to s~id mortps~e deu:, ~:~+d, not leu than te~ (10! days in advar+ce of the expi~atan of each policy, to d~- liv~r to said MORTGAGEE a renewal thereof, topethtr with a receipt fw the p~emivm of :uch renewal; snd there shall be no fire w winds~orm iniuranc~ plactd on ~ny of said buildings, any interest the~t~n a part thereof, unleu in the torm ~nd with tM toss payable as afaes~idt and in tM event any :wn of money becanes payaWe vnder such poliq a polKies said MORTGAGEE ~hall have the opt~on to receive and apply the same a? accoun~ of the irxlebted- neu setursd hsreby o~ to permit said MORTGAGORS to receiw ~nd uss it p any par? thereof fw other purposes, wi~Fw~t thrreb/ waivi~g ot impair- • in~ any equity, lien ot r'ght unde~ w by virtw of this morspaQe; ~nd in the evant sa~d MQRTGAGORS shall for any ?eason fail' to keep the s+id premisa w ~ insured, w fail b delive~ pramptly a~y of said policies of insuruxe to aid MORTGAGEE, or fail promptly to pay fully any p?emium thtrefo~ w in any ~ respect feil to perfam, diuharge, execute, effect, canplete, comply with and ~bide by th~s mvenant, a any psrt hereof. said MORTGAGEE may pl~ce ~nd paY fw sych insu~anc~ or any pa?t thereof without waivinp a affecting sny optia~, li~n, equity. w right under a by virtw of thii Mor~~a9e, and the ful) amount of each and evay such payment sh+ll be immediately dw ~nd payabk and shall besr iNerest f~om ths d:te thereof until paid at ih~ rat~ ol nine per tentum pet annum and together with ivth interest shall be secured by the lien of this mottg~ge. 4. To p~rmit, commit w suffer no wut~, imp~irment p deteriorat::,: of said property or any parf theteof. 5. To pay all a~d slnqular the cwn, charges u+d expe~ses, includinp a reasonable attaney't fee and wsts of abstracts of title, incurred or p~id at ~ any time by sald MORTGAGEE, because o~ in the event of the failure on ths part of tfie said MORiGAGOR to duly, promptly and fully perform, d~uharg~. execute, et(ed, complets, comply with and ab~da by esch aod every the stipulatio~s, sgreemena, conditions, and covenants of said prom~ssory note and ~his mortgapa any or e~tl+e~, and sa~d cosn, cMryes +~d expenscs, esch and a:~ery, shall be immediatefy due and payable; whe~her a not there be notice dr mand, attempt to collett or suit pend~ng; and the f~ll amount of eacF. :-a wery iucA paymem shall brsr interest from 1he date thercof until paid ~t the rate of nine per centum per annum; and all said costs, tharges and expenus inturred or paid, topether w~1h wth interest, shall bt secured by tM lien of thiu ^aripa~~- 6. That (a) in the event of any breach of this lNortgage a defa~lt on the part of the MORTGAGOR, or (b) in the event eny of sa~d iums of nwney herein roferred to be not promptly and fully paid wiihin thirty (30) days next after the same severally become due and payabte, without demand a notice, or (d in the event each and every tFx stipulations, agrccme~b, conditior+s and tovenants of sald promissory note snd ti~~s mortgsge any w eitl+sr are rwl ~uly, prompNy and fully performed, dixharged, execvred, effected, compkted, complied with and abided by, then in either w any such went ths said a¢ greyate wm ment'aned in said promiuory note then remaining unpa~d. with interest accrued, and all moneys secured hereby, shall become due and pay- ~ able torthwith, a thereafter, at the option of saw~ MORTGAGEE, u fully and completely as ii all of the said sums of money vrere wiginally sYpulated to be pa~d on such day, anything in said promissory rate or in this Mwtgage to the contrsry notwithstand~ng; and thereupon or thereafter at the option of said MORTGAGEE, without notice w demand, suit at law w in equity, therefore or thcreafter begun, may be proxcuted ss if all moneys sacured hereby had matured pnor to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foreclose it, a ro reform it, or fo enforp payme~t of ~ny claims Aereunder, said MORTGAGEE sha~l apply to the Court having jurisd~ction thereof ior the appointrtxnt of ~ Receiver, suth Cou~t shall forthwith appo~nt a receiver of said mortgaged property all and sirguls?, includ~~g all and singula the income, p?ofits, issues and revenues from wi?ateve~ ~ource derivcd, each snd every of which, it being expressly undcrstcad, is hereby mortgaged u if spec~fically xt forth and desvibed in the granting and habendum clavses hereof, and such Receiver shall have all the kxoad and effective funct~ons and powcrs i~ anywise e~trusted by + Cou?t to a Receiver, and such appantment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy a inadequacy of the vatue of the property mwtgaged or 1o the solvency or insolvency of said MORTGAGOR or tAe defendants, and that such rents, profits, income, iuues and revenucs shall be app~ied by such Receiver according to the lien or equity of taid MORTGAGEE and the pradice of such Court. 8. To dvly, p~omptly and fufly perfwm, dncharge, execute, effecf, complete, comply with snd abide by each and every the stipulations, agreements, y corsditions and covenanu in said promissory note a~d this mortgsge xt fwth. ~ 9. That in the event the ownenhip of the mortgaged premises, or any part thercof, becomes vested in a person other than the MORTGAGOR, ths MORTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such succeuor w successor in interest with refe~ence to this mortgage and the debt hereby secured in the ssme manner as witl~ Mortgagor without in a~y way vitiating w diuharging ti~e Mwtgagori ' liability hert under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE or ita successon . or assigns and no extension of the time fw the payment of the debt hereby secured grven by the MORTGAGE' or its successas or auigns, shall operate to release, dixF~rge, rnodify thange ot affect the ori3inal liabiliry of the MORiGAGOR herein, either in w!?o!e or in psrt. • 10_ It is apecifically agreed that time is of the esunce of this contrsd and lhat no waiver of ~ny obligation hereuntlet w of tM obligstion se- cured hereby shall at any time thereafter be held to be a wa~ver of the terms hereof or of the instrurrKnt secured he~by. I1. In addition to the fwego:ng monthly payments of princ'pal and interest required by the promissory nore setured hereby, mortgagor covenants and agrees to pay to mortgagee with each month(y payment an add~~ional sum es~~mated by mortgagee to be equal to 1;'12 of the annual tost of the follow- ing. . A-All real property taxes levied w auessed against the above described real estate. B-Prem~ums on fire and windsto.m insurance as here~n ?equ~red to be carried on the improvements situate on the above described premises. C-Premiums on such matgage guaranty ~r.surance as mortgsgee shall from t:me to time deem fit to carry on the ban secured hereby. i Mortgagee shatl from time to time notify rtwrtgsgcr in writing of the amouM due and payable hercunder and wch s~m thal) thereupo~ be due ard ~ ~ payable on the due date of the next monthty payment and each successive month tFxreafter uNil mortgagee shall ootify mortgagor of a change in such ~ amount. Such sums shatl be zpptied by mortgagee toward the payrnent of real property f~xes, insurance prem.ums, and mortgage guaranty insurance i premiums. - IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and y r first aforesaid. f Signed. Sea{ed and delivered in the presence of: P FILED AND RECOROED~ r... ,n ~ ' ST. ~UC~E COUNTY. ~ A~ ~ c~,n R ~ C~~~~ ~ E se,i~ ~ STATE OF FLORIDA ~I' Z~ ~ 00 ; ~J~ couNrr oF St. Lucie c ' Befwe me personally appeared ~t~ Z'~ H~~~",~-~^~ 6UIT COURT h~s w~ie, to me well koown and known to me to b~ the individwls described in and who executed the for nsll~imenf, and adcnowledQed before me that they executed tF?e same for the purposes tFxrein expressed. And fhe said ~1'y l.!@ KOZI'1Q wife of the said John Horn~, .1Z• ~ _4POh ~_a~psrite ard priv~ts ~ examinat~on by me taken separate and apart from her said husband, acknowledged ro end before me thst ihe executed said'ic{t~tane~t ~t~{ and volu~- rarily and without ~ny compulsion, constraint, spprehens~ ~x fear of or from het said husband. ~ t-' • C~1 ~ WITNE55 my hsnd and officisl seal this ~ ~ day of -1~~ r~ s ~~/L~~i~ia~, ~ ~O~iltsrl~/ ` ? , ~t . ~ . Notary Public in and fw theSt+tt'of:fbs~ ~la'~rp~• ~ . oE~llv Commisian expires: ^ `i ~ > Return To: V f-, < • r No aECOa ~ Fint Peder~l Savi s 3 loan Assoc~at~on FI~.ED p` ~~UNTY• F~'A" 7~ ~ . ~s ~ Of Fort Pierte. ST. ~.UC+~E v~ t~~r ~E~ . ~ , , . . FoA Pierce. Florida {~F~~~~ ~ ~ 1'~9~ :29 . ~ ~ 2 pM`l2 . ~ This Instrument Prepa~ed By ~69 ~uN ~ First Federa) Savings 8 loan Association ~;/~il ~ ' of Fort Pierce ~0~ r~01TR ~ aT ~ c~Ea?c ciacuiT ~ . ~ Checked By John u1 C~ltius - 1 ~ ~00~( ~ ( ~ PACE ~ J ~ goox~78 ~~i320 ~ _ . ~ , . _ _ z~ ~ _W~a _ _~_.r~_