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Home My WebLink About2087 ~ 9. To plac~ +nd contimwu~ly kt~p on ~h~ build'+~gs oow or hK~aN~r ~itu~t~ oo s~id I~nd and on all pvipm~nt and p~nonalN cove«d bY thi~ mort~ ~ p~. with ~11 pr~mivms tha~ p+~d '+n full, fin iru~ranu tn ths ~nwi itarnlard potky form. in a tum ~pprov~d by the MORiGAGEE. and windstorm is»wa~ i~ tM ~~wl standa.d pol~cy fam, in • wm ~pproved by tM MORTGAGEE, t~ wch ~ompa~y or comP+~~e+ +s ~F+~ MORTGAGEE may dincts snd all fir~ ~nd windi~orm inswae~n policies on any of seid buiid~np~, ~ny intsro~t tMrei~ w paH thereo'.. in 1M agy~ey+te ~wn afor~~id a t~ eac~u tl~ereof. tMll conrain the uawl standard mortysp~ cl~us~ or such ahsr claus~ as tM Ma~9~p~e m~y requir~. makir?p tM loss undN sa~d pd} ci~s. each ~nd ~veryr. p~Yab1~ w said MORTGAGEE ~s its intKeit may ~ppear, and each and ~very such policy ihatl b~ promptly ~ss:~~ed ~nd dtlivered to any held by sa~d MORTGkGEE u fwther secvrity to s+id mortyape dcbt, and. not ku tlwn ta~ (10) days in advancs of tl+~ expiration of exh policy, to da liva~ to said N10RTGAGEE a r~new~l therwf, topstMr with • race~pl for tM pr~mium of tuch renewals snd the?o shall be no fire w windi~am insui•~»~ plapd on ~~y of iaid buildinps„ any interest ti+K~in or part thtreol, u~leu In tFN fo~m ~nd with tM loss payabl~ as afwes+idj u+d b+ the event anY wm of mon~y becomes payabl~ under wch policy or po~ici~s ~+id MORTCsAGEE shall Mw tAe option ~o receive and ~pply tM same on +ctounl ot 1M ir~d~bted~ nest secured Mreby or M pe~mit s~id MORTGAGORS to rKe~w u+d us~ it or eny pert thereof iw othe. purposei, wilhout thxeb~ waivi~?g ot ~mpait- inp anY eq~ity, Iie~ o~ right unda of by vinw af this mort9ap~: and in tM ~ven1 s~id MORTGAGORS shall for aoy reason i~il to keep the iaid pttmites so fnwred, or fail to dsliver promptly ~nY of i~ld POIiCIM of insur~na to said MORTGAGEE, a f~il promp~ly to p+y fvlly any premi~m therefw or in any resp~ct fail to pKfwm, dixhuy~, txecute, ~ffM, complets, comply with and aDid~ by this tover?ant, a any ps~t hereof, iaid MORTGAGEE may plac~ ai+d pay fw iuch inwranc~ w any p+H thKSOf without wsivinp o~ affectinp sny option, lien, equiry, or right under a by virtw of this Mortgaq~, a~d 1M full amount of each a~d evsry wch payment shalt bs imm~diatdy dw and psyabls and shall bear G?tKest from 1M date thereof until paid at tt» raM oi nine Fer centum pa ~nnum snd together with such i~te~est shall be secured by iM lien of this mony+ge. 1. To p~rmit, commit or suffa no wute, impslrment w det~ria+tion of said p~oparty or sny p~~t thKeof. 5. To p~y all a~d siigulu th~ costs, charpp ~nd expa?ses, i~dudirp a reasonabls ~non?eY's fee and wsri of ab~tracts oi titl~, inc~rred a paid at any time by ssid MORTGAGEE, becavse w in tM eveM of ths failwe on the part of tFw ssid MORTGAGOR ro duly, promptly +nd fvlly pe~form, d~scha?~ execute, effec?. compkfe, comply with ~~d ~bide by each ~nd every the {tipulations, a9reements, conditions, and mvenants o( said promiuory note and thu matgaga any or ei~her. ~nd said coats, charpes and expa+sei, each a~d every•. sh+ll b~ im.nediately dut snd pay~ble: whNher o~ rwt there be notice I mand, anempt ro co11M ot svit peedings snd tM full arnount of tath and e+rery svth payment shali bear int~?est from 1he date thereof vrt~e1 p~id a1 the -ate of nine per oentum per arnwm; and all isid oosn, ch+~pes and expenses inturred at p+id. together with such interost. shall be sotured by the lien of tFw matpape• : 6. Th~t (a) in the ever?t of any b+e+ch of tha Mwtgspe o~ defwlt on the psrt of the MORTGAGOR, w(b) i~ ths ev~nt any of sa~d svms of nwney herein reierred to be not prompHy ~nd fully paid witbin thirty (303 dsys next after the same sever~lly bacome due and paysble. without dema~d w notice. or in the evem each and every the stip~?latans. ~greemenn, conditions and covtnaros of sa~d promissory note and th~s mortgaye a~y a tither are no1 iuy, promptly and tully performed, discMrpe.~, ex~cuted, effected, compkted, complied with and abided by, 1hN? in either w any svch ~wnt ~M s~id ~ gregate wm rn~ntaned in said promissory nota then remaining unpaid. with interest acaued: and all moneys secured hereby, tlwll betona dw ~nd pay~ able falhwith, w thereaftcr, at tM oprion of ssid 1NORTGAGEE, u fuliy and completeh +s if •11 of the wid wms af money were origiMllr atipulated i ro be pa~d on such day, anything in said promiuory note a in this Mwtgage to the ta+trsrY notwithstsnding; and tF~ereupon or thereafter at tM opiwn of said MORTGAGEE, without notKe w demand, wit at law a in puity, therefae or thereaher begun, may be prosecuted u if ~II ~noneys secwsd hereby had matured prwr to its imtitution. 7. That in the event that at the beginning of or ~t ~y time pending any wit upon this Matysge, or ro foreclose h, o~ to reform it, a to enforce payment oi any claims 1?ereunde?, said MORTGAGEE shall ~pply to the Court having jurisdid'an thereof fw the appoinhnent of a Receiver, svch Court ih+ll for~hwith sppoint s receiver of said mwtQaged property all ~nd singular, includ~~g ~tl and singuts'r the income pipfifs, jssues ~nd revenues from whateve? source derived, each +nd every of which, it 1xioQ expressly vnderstood, a F+ereby mortgaged as if specifically set focth and dewibed in the gramirg aod hatxndum clavses hereof, and such Receiver shall have all tl~e broad and effective funct~o~s and powers in anywise entrusted by a Court to • Receiva, and such appuintme~t shall be made by such Courf u an admi»ed eqvity and a matter of ~bsolute riyhl to ssid MORTCaAGEE, and - without reference to tha edequa.-y or insdequacy of the value of the property mo~lgsged or to the solvency o? inso~vency of said ~YWRTGAGOR w fF~e defendann, a~d that auch renrs, profits, income, issues and revenues sFWll be applied by such Receiva according to the lien or equity of said M0~2TGAGEE and the practia of s~ch Court. 8. To duly, pranptly and fully perform, dschsrgs, execute, eHect, compkte, oomply with and abide by s~ch and every the stipulatiau, agreements, conditions and covenams in said promissory note and this mortgagt set fwth. _ 9. That io the event the ow~e~hip of the mortgayed prem~ses, w any paH thereof, becomes vested in • person other than the MORTGAGOR, ths MORTGAGEE, its successors snd auigru, msy, w~thout ratice fo the MORTGAOR, deal with such wacuor a wccessor in intereit with reference fo ihis mortgage artd the debt hereby secured in tF~e ssme msnner as with Mwtgagw without in sny way vitiatirp or discharging the Mwtgagors' lisbility hera under a upon the debt hereby secured. No sale of the premises hereby mwfgaged ~nd no fwkxarance on the part of the MORTGAGEE w i» suocesson w assig~s and no extmsion of the time fw the payment of the debt haeby secured give~ by 1he MORTGAGEf w its succeuas w assiyns, sMll opewtt ~o releax, discharge, modify change or affect the original li~bility of the N10RTGAGOR herein, either ie whole or in part. 10. It is spec~fically agreed that time is of the e~see~ce of this tontract and that no waivet of sny obligation hereunder or of tM oblipation se- cured hereby shall at any time thereaftst be held to be a waiver of the ferms hereof o~ of the inslrvment secured herby. 11. In add~t'an to the fw.e~o:ng monthly payme~ts of princ:pal and interest. ~equired by the promiuory r?ole secured hereby, mortgsc~or covenanb and agrees to pay to mortgagee with each monthly payment an add~tionsl svm estima~ed by mortgsgee ta be eqwl to 1/12 of the a~nval cost of the folbw- A-All reat property taxes levied or assessed against the above described real estate. ~ - B-Premiums on fire and windstwm insurance as herein requ:red to be carreed on the improvements aituate on the above destribed premises. C-Premiums on such mottgage gwronty insurar~te as mortgsgee shall from time to time deem fit to carry on tF+e loan secured hereby. Mortgagee sha11 from time to time notify mortgagor in writing of the amount due and payabls hereunder and such wm shall the.4upon be due and ~ payaWe on the due aate of the ~ext monthly payment and esc#? successive month thereafter ur.til mortgagee shal! notify mwtgago~ of a change in sirch ~I amount. Such sums sFall be applied by mortgagee toward the payment of real property taaes, insurance prem:~ms, and mortgage gwranty inwrance ~ premiums. • . IN 1NITNESS Y! EOF, the asid N10RTGAGOR hss hereunto set his hand and sesl the day and yeu ~nf aforessid. f - S~gned. Sea in esence of: _ ~ ~ ~ ~ ~ n STATE OF FLORIDA ~ SS. courrnr oF S t. L uc ie . Before me persw~ally appeared Wil.~ ~ar Qi~»ralri and "Nellie StIQ R~nnral~; his wife, to me well krawn snd known to me to b~ rhe individa,ab desuibed i~ and who exea,ted ths fue~oinp instrument, and acknowledged before me thit they executed the ssme for ths pvrposea ,he,e;n axp~eued. A„d the sa;d Nellie Sue Fiqur~lL .s _ Walter Fiqwcski wife of the said ~~Ppd@. s ,-,'ayA-privat~ examinstion by me taken sepuate snd apart ftom he~ said husbai+d, ~duwvvledged 10 +nd befws me thst she execvted si ~ffqw~q~~~~~! ~,''~Juef rarily and without ~ny compulsan, ooostraint, apprehens~on, ~feu of w from her ssid husband. WITNE55 my Mnd and official seal th~ o`ZS day of + X D.,'~'~~--. ~ --,~,,,s 7• ' .-•r•' ~ i~ ~1 ~ ~`aa~ _ NotsC~~PnNiiiih~ P ~ ~ ~ Return 7v: My $T. LU C~~ + i jY#_ 4-' . ~ F~~r F~d~?.i saw~s a~~w«~~t~«, ~F ~ 0 R D V E R~ 1.~~~ 7; F ~ of Fa, P,~.«. 1g4881 _ Fort Pierce, F!o?ids ' '69 OCT 21 A~I II: 53 . . This Instrument Prepared By Thoaas A. Driscoll r017~AS First Federal Savings b loan Association Pd~'~=`' ~ • of Fort Pierce~ Florid~? CLERK CIRCUIT COURT~ ~ ~ Checked By ~ ~d~ ~~0 ~~~084 ~ c f ~ - rr~-~ ~ ~ _ ~ _ 's ~ - ,:~~m_ _