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Home My WebLink About1599 f ~ 3. To pf~c~ and cont~nuouily ke~p on ths b~ildinps iwrr a F+ereafter ~itwh on iaid land and on ~il equipment ~nd p~nonaliy covered by thii monq~ p~, with ~il premiums thercon paid in full, fire Insurance 111 tM usual standard policy fwm, k? a sum approved by the MORTGAGEE, snd w~~dstwm insura~+c~ in the uswl sundard pol~cy fwm, in ~ ium approved by tM MORTGAGEE, in wch comµiny w compan~es as th~ MORTGAGEE may dinctt ~nd ~II iin and w;r?dsrorm inivrar+os poliues on any of ssid buildinps, u?y inferest therein or parf Ihereof, in fFw ag~~e9att sum ~faesaid or In ~zcess thereof, shall contain ih~ vsval standard mortgages cl~use o~ such o~Fwr claus~ as th~ Mat~~gee msy ~equ~re. making ths los~ v~de~ said po1F cies, each and ewry, payabl~ ro said MORTGAGEE as ih imereil may app~ar, and each and every iuch po~icy ~hall be promptly ~ss.9ncd and detivered to ~nr held by iaid MORTGAGEE as (uriher secvrity ro ~aid mortyage debt, and, not !ru tl~n trn 1101 days in advance of the expiration ol exh policy, to dr (iver to taid MORTGAGEE a renewsl thereof, toyether with ~ receipt fa tF?e pnmivm of tuch renewalj a~d ther~ shall be no fire or winds~wm insura~ce pl~ced on ~ny of iaid build~ngs, ~ny interest tl+aein or part thereof, unleu in tM fo?m ~nd with tM loss payable as afo.ewid; and in tM ev~n! +ny sum ot money beton+es payible unde~ sucl+ policy or polidss said MORTGAGEE ~hall Mw th~ optan to receive and apply the same a+ atcoun~ of ~he i~debfed- ness tecured hereby o~ to pcrmit said MORTGAGORS to receive snd us~ if or any part thereof tor othe~ purposes, wilhout tAereb/ waiving w~mpair- Fnp any eqv~ty, lien w rpht ~nde~ or by virtue of this monpage; aod in ths event sa;d MORTGAGpRS shall for any reason fail to keep the s~~d pranius so ir?iured, or fsit W deGver promptly any of said polKies of inwr~nce to said MOi`cT~',AGEE, a fail promptly to pay fu~ly any prem;~m therefw a ie any rospect fail b pHtwm, diuhuge, execute, effect, wmplete, compty wi~h snd abide by this covenant, a any part hs~eof, said MORTGAGFE m+y pl~oe ~nd p~Y fw such insurancs w ~ny part thereof without waivinp or affectiny a~y optiwy lien. equity, or rigM under a by virtue of ~hii Mortgage. and tht full amount of each ~nd ev~ry such paymen! shall bs immediately dve +nd p~yable and shall bear interest from ths date thereof umil paid et tM rat~ of nine per centum per anrwm and together wirh iucF~ i~taest shall be secured by the lien of this mortgsge. I. To pe~mit, commit w suffer no wa:te, impairment a deterioration of said p?operty or any part thereaf. 5. To pay all a~d singvl~r the cosb, ch~r~es and expenses, i~cluding ~ ~easonable attwney's fes and cos~s of sbstrsNS of 1i~le, incurred w p~id at u~y t'une by said 1NORTGAGEE, bacause a in tha event oi the isilure on the paA of ths said MORTGAGOR to duty, promptty and fully perform, d~xhargR execute, tffect, complete, comply w;th and ab:de by esch snd every the stipufations, agreements, conditiwu, and covenanri of sa~d p~omissory note and thi~ mort9age any or eitFKr. a~d iaid cosn, cMrges and expenscs. each and every. ~hall be immedia~ely due and payable; wherhe~ a nut rhere be no~;ce da mand, attempt ro collect or wit pend+ng; ~nd the f~it arra~nt oF each and every iuch psymenf sAsll bea. interes~ from tF+e date thereof until paid at the rate of nine per centum per annuT; and all said costs, charyes and expe~us irKwred or paid, toge~her with such intereat, ihall be secured by the lien of thu mort~sys. 6. Thst (a) in the event of ~ny br~ach of this AAortgage w default o~ tM part of the 11AORTGAGOR, a(b) in t1,e even~ sny of said wms of mw~ey herein roferred to be not promptly and fulty paid within thirty (30) days next afta the same severatly become due and payable, wi~hout demand o~ notice, o~ (c) in the evem each and every Ihe stipulations, sgreen?ents, condit:ons and tovenaMS of sa~d promissory note and Ih~s mortgage any o~ eitlier are nol iuly, prompNy and !u!!y performed. d;xh~rged. executed, effecfed, compteted, complied w~th and ab~d.d Sy, then in e+ther w any such event the ssid aQ yregate svm memionec! in ssid promisaory note then remaining unpa~d, with interest accrued. and all moneys setured hereby, shall become dw s~d pay- able forthwith, w thereafter, at tl+e option of :aid MORTGAGEE, as fulty and completely as if al! of t}+e wid wms of money were or~ginally st~pulated ro be pa~d on such day, anything in sa"~d p~omissory note or in this Mortgage to ~M st+~+~rary notvv;thatanding; and thereupon or thereaher st the option of seid /NORTGAGEE, without notice w demand, suit at Iaw or in eq~ity, therefwe or thereafter begur4 may be prosecuted as if alf rrqneys tecu~ed he:eby had matured prwr to its instifution. 7. That io the event that at the beginning of or at any time pending any suit vpon this Mwtgsge, w to foreclose it, or to refwm it, or to enforce payment of a~y cla'uns hereunder, said MORTGAGEE sM11 apply to the Covrt having jurisd~ciw~ thereof fw ths ~ppointmeM of a Receiver, such Court shal) fwthwith appoint a receivea o( said mortgsqed properfy a11 snd singular, intluding all and tinguiar 1he income, profits, issues and tevenues from whatever sourte derived, each and every of which, it being expreasly understood, is hereby mortgaged as if specifically set iorth and drstribed in the g~anting and habendum dauses hereof, and svch Receive~ shatl have all the broad and effective fu~ct~orts and powers in anywise entrusted by s Court to ~ Receiver, and •uch appointmem shall be made by such Court as an sdmitted equiry and a matter of absolute r'ght to said 1NORTGAGEE, ~nd wi?hout refere~ce to the adequ~cy w inadequuy oi the value of the property mwtgaged or to the soNe~?cy or ~nsofver?cy of said MORiGAGOR p the defendants, and rhat such re~nf' profits, income, issves and revcnues shall be spplied by such Receiver accord~ng to the lier? or equity o( uid MORTGAGEE a~d the practice of such 8. To duly, prompNy and fully perfwm, discharge, execute, effect, compkte, comply with and abide by each and every the stiputations, agreements, canditions arxl covenanrs in said promissory note and this mortgage u1 fwth. , 9. That in the cvent the ownership of the mortgsged premises, or sny part thereof, becomes vested in a per=on other than the MORTGAGOR, the MORTGAGEE, its succeuas and auigns, may, without notice M the MORTGAOR, deal with such succeuor a succe:sw in interett with reference to fhis mo?tgage and the debt hereby secured in the sar.~e manner as wirh Mo?tgagor witlqut in any way vitiatirg p dixhargiog the Mwtgagors' liability 1?e~r under w upon the debt hereby sec~red. No asle of the pramises horeby mort9a9ed and. no forbearance on the pan of the MORTGAGEE or its ~uccesson ar auiyns and no extension of the time fw the payment of tt}e debt here6y secured piven by the MORiGAGE~ or its sucoeswn w~u~gns, .Fwll operate 1o release, d~scharge, modify thange ot affett the orginal IiabiGty of the MORTGAGOR herein, either in whole or in part. 10. It is specificaUy agreed that time is of the essente of this contract and tF~at no w~iver of any obligation herevnder w of ths obligaYan se- cured hereby shall at any time thereafter be held to be a weiver of the terms hereoi or of the irtstrumem secured herby. 11. In add~tio~ to the forego:ng monthiy payrrKnts of print:pat and interest required by the prom;ssary oote secured hereby, mortgagor covenants and agrees to pay lo mortgagee with each monthly payment an addi~ional sum est:mated by mortgagee to be equai to 1~~12 of the annual cost of the follow- ing: A-Alt real property taxes levied w assessed' against the above tfesnibed real estate. ~ B-Premiums on fire and windstwm insurance as herein requ~red to be ta~ried on fhe improveme~ts situate on the above described premis~,y, i C-Premium on such mortgage guaranty insurance as ~nortgsgee shall from t~me to time deem fit to carry on the loan secured hereby. ; Mortgagee shal! from time to time notify mo?tgagor in writing of the amoum due and payabk hereunder and such sum shall thereupm be due and payable on the due date of the next monthty payment and each successive month thereafter ur.til mortgagee shaN notify mo~tgagw of a change in svcb amount. Such sums shatf be applied by morigagee toward the payment oi real property taxes, insurance prem;ums, and mortgage guara~ty insurance premivms_ - _ IN WITNESS WHERcOf, ~he said MORTt'aAGOR has hereunto set his hand ar~d sea! the day year f'wst af d Sign 5• and del'rv ed in the p~eser~ce of: _ . , f~~-c ; ~--~-L n W tness Se ~ u z - r~ p ~itnes~ - - ~n STATE OF~ NBW YORK ~ COUNiY OF _ /ra~~ ~G ~ ~ ' 8efore me perton~lly appeared Rose I. MoGuire, A Sin91e pdult ~ ~hiawrifi~ to me well known and known ro me fo bs tM individwf? described in and who execvted the foreyarg inst~umsnt, and ~dnwwledged before ~ne ttat 1i~~rexecutcd the same for the pvrposes rher~in ~~cprassed. ~ItHd~fts'~ S~f@ wi(e~ef -~F~e~i~ - ~ - : ~ ~ ~e~w~s.~wi ~ww» wcwwi~Niow•by.nie-r~lcwrwrswb~•awi ~N ~ww?~iwr-wir*wb~wd~-ada~o+~A~eJ~ei ~o'p~~ir!r! ii~ M~si~s exeested~ ~w„rwre~l-fie~IT ~nd~hrw~ ~ -1~ril~r ~.witi~w? ~rM <«wp~dw~+~?~owsMriwtr ~p?~bewiow.-a iwr ~f-or.iwiw ~r~.'~;- ~ , WITNE55 my hand and official ~al th~i_ ~ t~ay o{ ~'"'"K~~Y q, 0. 19 7O ~ - • ~ ~ - : Not+ry ~nd for the 5 te of Hoa~e .v~....~ .l ,f • Mr Comro iw._ expins: /~l rl ~ c 4 .3 ~ i f 7/ Retum To: " -t, ~y ~ firtt federsl Savingt b loan Associatwn ` yGER ~ 1~~Y.C. xR~r•:. Oi Fon P~erce. , +,~Q~'i.~?,'l•rU6LIC. ~'a'.•,' . r'i~:4 Fort Pierce, flotida ' ' ~~j. .3-2194400 _ : _ ` ~~,-,l:`::+. March ~30. ,37/ " . . ~ '~p~~}~1Gi: :..'.~..res .a _ ' a' . - - _ _ . .~-F_.~~~ . This Instrument Prepared By RiChatd K. Kayts ~ ' ~ . First Federal Savings ~ Loan Association ` ' of Fort Pierce ~ Flotida ' Checked By BOOK~v~ W~CF~.~~~ t ~ ~ . ~ cf , - , . , > _ _ _ - _ _ - - ~ ~ ~ , ~ ~ ~ ~ . . _