The URL can be used to link to this page

Home My WebLink About0721 , I 9. To p~xe and con~invously keep on the building~ now w hereafte~ ~ituat~ on ia~d land and on all equ;pment and personaliy covered by this mort¢ sgs, w~th all prem~~ms thereon pa~d in full, fire insurance in the viual standard po~icy form, in a sum app~oved by the h10RiGAGEE, a~d winds?orm ~nsurance in the usual s~a~ard pol~cy tam. in a sum spproved by the MORTGAGEE, in iuch company or companies as the h10RTGAGEE may d]rec~; and all fire and windsto~m insurance policies an any of said build~ngs, any in~erast therein w pa~t Ihereof, ;n the aggrega~e sum afwes~id or in txccss thereof, shall contain the usual standard mortgagee clauss o? such otF+er dauss as tha Mortgagea may rcqu~re, maMing the Ioss unda sa~d pol~ ; c7es, each and evay, payable to s+id MORTGAGEE as ~ts i~~eres~ may eppear, and esch and every svch pol~cy tihall be promptly ass gned and delivored ~o ~ •ny held by sa~d MORTGAGEE as fur~her security to said nwr?gage debt, and, not leu lhan ten (10) days i~ advanca oi the expirat~on of esch poliq, to de- i~ver to said MGRTGAGEE a renewal thereof, topether with a receipt fw the premium of svch renewat; snd there shall be no f~re or windato~m ins~ra~ce ; plated on ~ny of said bui!dings, any interesl 1Furein or part thereof, unless in the form and with the lou payable as afo:csaid; and in the evenl sny sum oi money becomes payable under such polity a polic~es sa~d MORTGAGEE shall have the option to receive and appiy the ume on accounl o( the indebted~ ness secured hereby w to permi~ ssid MORTGAGQRS ro receive snd ~ss it a any part thereof 1or oiher purposrs; w~~ho~t th_r~b~ waiving o~ ~mpair- ing any equ~ty, lien or right under or by virtus of this mo::yaye; and in the event ta~d MORTGAGORS ~hall fw any reason fait to keep the said premises w insured, or fail to deliver promptly any of said policies of insurancs to said MORTGAGEE, w fait promptly to pay tu11y sny premium therefor a in any resped fail fo perfam, discha~ge, exetute, effect, complete, comply with and abide by this covenant, w any part hereof, said MORTGAGEE may plsce and pay for such insurence o~ any part ihercof without waiving or affecting any option, lien. equ+ty, or right unda or by virtue of this Mo.tgage, and the full amount of each and every such peyment shall be immediately due and payabte and shall bear interest from the date thereof until paid at the nte ol nine per c~ntum per an~um and lo~ether w•ith such intereat shall be secured by the lien of Ihis mwtgage. I. To permit, commit or suffer no wasle, impairment or deterioration of said property or any parl thereof. 5. To pay all and singular the costs, cha~ges and expenses, including a reawnable attwney's fee and cos~s of abstrads of title, incuned or paid at any time by said MORTGAGfE, because or in tMx event of the failute or~ the paM of ~he said MORTGAGOR to duly, p~omptly and futly perform, diuhar9e execute, eifect, comple~e, comply w~~h and ab:de by each and eve?y the stipulat~ons, agreements, conditions, and cove~anrs oi sa~d promissory note and this ,~nortgage any or either, and said costs, chargcs and expenses, each and every, shall be immedialety due and payable; whe~her or not tFxre be notice da ; mand, attempt to collect or suit pend~ng; and the full amount of each and every such payment s~alt bear ;nteres~ from fhe date theredf until paid ~t the ratr of nine per ceneum per annum; and all wid costs, charges and expenses inturred or paid, together with such interest, shall be secured by the lien of this mongaga b. That (a) in Ihe event of any bresch of this Mwtgage or defaulf an tF~ part of the MORTGAGOR, or (b) in the event any ot sa~d sums of money F~ere7n referred to be not pro~nptly and fully paid within thirty (30y days neat afrer 1he same severally become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, conditions and covenants of sa~d proniissory note and th~s mortgage any or either are not ~uly, promptly a~d iu:ly performed, d~scharged, executed, effected, compieted, complied wi~h and abided 5y, then in either w any such event the said ag gregate sum mentioned in said promissory note then remaining unpaid, with inte~est accrued, and all moneys secured hereby, shall become due and pay~ eb!e forthw~th, or thereafter, at the opt~on of said MORiGAGEE, as futly and completely as if all of the sa~d sums of money were wiginally st~pulated to be pa~d on such day, anything in sald prom~s:ory note w in this Mwtgage to the contrary notwithstanding; and the.eupon or thereafter at the opGon of sa~d MORTGAGEE, wirhout notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys setured hereby nad matured pt~or to its irtsiitvtion. 7. That in Ihe eve~t tAaf at the beginning of or at any time pending any suit upon this Mwtgage, w to foreclose it, or to reform it, or to enfwce psyment of any ciaims hereunder, wid MORTGAGEE shalt apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall fenhwith appoint a receiver of said mortgaged p?ooerty all and singular, inclvd~ng all and singutar the income, protits, issues and revenues from whatever source derived, each and every of which, it being expreuly understood, is hereby mortgaged as if speuiically set forth and described in the granting and habendum clauses ixreof, and such Receiver shall have all the Fxoad and effective funct~ons and powers in anywise entrusted by a Cou.t to a Receiver, and s~ch appoinfinent shall be made by svch Court as an admitted equity and a matter of absotute right to said MORTGAGEE, and without reference to the adequacy w inadeq~acy of the vatue of the property mortgaged or to the sotvency w insolvency of said MORiGAGOR or the defendants, and that such renrs, profits, ~ncome, issues and revenues shall be applied by such Receiver according to the lien w equity of said M10RTGAGEE and the practite of such Court. 8. To duly, promp~ly and fuliy perform, discharge, execute, effect, complete, comply with and abide by esch and every the stipulations, agreements, co~ditions and cove~ants ~n said promissory note and this mortgage set fath. _c 9. That i~ the event the ownership of the mortgaged premises, or anv part thereof, becomes vested in a perwn otheh than the MORTGAGOR, the MORTGAGEE, in successors and assigns, may, without notice to the MORTGAOR, deal with such successor w successor in interest with referente to this mortgage and the debt hereby secured in the same manner as with Mortgsgor without in any way vitiating or diuharging the Mortgngors' liability herr under or ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on Ihe part oi the MORTGAGEE or its successors or ass~gns and no extens~on of the time fw the payment of the debt hereby secu~ed given by the 1IIORTGAGE~ or its successora w auigns, shall optrate ~ lo release, discharge, modify change a affect the creginal liability of the MORTGAGOR herefn, either in whole or in part. 10. It is specifically agreed that time is of fhe essence of this cont~act and that no waiver of any obligation hereunder or of the obligation sr cvred hereby shall at any time thereaftcv be held to be a waiver of tFr_ terms hereof w of the instrument secured herby. 11. In add:fio~ to Ihe forego'nq monthly paymants of princ pal and interest required by the promissory nore secured hereby, mortgagor tovenanfs and agrees to pay to mortgagee vvith each monthly payrnent an add~rional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: A-AI! real property taxes levied or assessed against thc above described real estate. f B-Prem~wns on fire and wirxlstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. i ! C-Premiums on such mortgage guaranty insurance as mortgagee shall from ~~me to time deem fit to carry on the ban secured hereby. i Mortgagee sha:l ?rom time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due snd ? ~ Fayable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such f ~-:ount. Such sums sFaii be applied by mwtgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insurance [ premiums. t ; IN WITNESS : REOF, th said MORTGAGOR has hereunto set his hand and seal the day year first af resaid. ; t - Signed, Sea! nd ed in e~,ence of: ! ~ ' ~ 'n i ~ , . n , ~ • i t ~ - ; ~ STATE OF FLORIDA ~ ~ St. Lucie ~ ~ couNnr oF ~ Befwe rrr persana:Iy appeared Tohn nenni _c Fit~a~Pra],r~ ~nd ThP~,a R i ZgQ~,I rl his wife, to mc well known and known to me to be the individuals dexribed in and who executed the. fuegoing instrument, and atluiowled9ed before me that they executed the same fw the purposes ~ therein expressed. And the said Thelma t.. Fitzgerald ; ~ w~fe of the said John Dennis F itzqerald ~pon "a sep~rate and private ~ ~ examinat3or~ by me taken separate and apart from her said husband, acknowledyed to and befwe me that she exetuted said ir?shtirtKM.fC~ly snd volurt- ~ ~ rarily and without any compu4iwn, constraint, apprehension, or fear of or from her said husband. ^ ~ WITNESS my hand and official xal thi: oZ- day of NovamE~ r g,~~9~~ i s% .f,~.~.~ - = FlLED AND. RE~P~~~~`°~~ +nd for the Sfais=of Haidi ~t 1,ar~: - ~ an ex ires: ' ST. LUC1E COU . P ~3 -3~'~l_ ` Rentu~r~ To: ~ . C qp~~~~~F~ ~ °Z -3 7 ~ ~ " t, . ~ firsf federsl Savi s b loan Association ~ j Of Forf P:erce. '1 . - f ' Fort Pierce, Fbrida ~ ~ ~ ~ss aov z s~ s: 2 3 ~ ,,~ra - t~. ~ ~ - cF Y~U~.1P This Instrument Prepared By J. D. C has t~A~ E R~OITRAS . 1~ ~ S~~ ~ First Federai Savings 8 Loan Association CLERK CIRCUIT COURT 5~ AMENSA~':~ ~ 5 ~ of Fort Pierce, Florida D Q~ ~ ~ y ~ M~~ 25 69 _~'v 1' . 2 Z ~ h ed B `-r~I . ~ C etk y , O ~ ~ER t- ~F.° . g~ r V co?~p~°~ r= BOOi( ~O.L ~PACE v~ p~.~9o138 ~ ~ _ cf ~5 ~ ~ - - - - - - - _ _ . . . _ j ~