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Home My WebLink About0263 _ ; . , 3. To plae~ •nd conlinuou~ly ke~p on tM buildinp~ now or Mr~aff~~ situat~ on ~sid land and on +11 cquipment end perwn~lly covered by thi~ maf~ ~g~, with •11 premivms thereon pa~d in full, fire insu~enc~ in the usual srenda~d po~icy form, in a sum approved by ths MORTGAGEE, and windstwm iniur~nc~ in the usu~l srandard pol~cy fwm, in ~ sum approved by iM MORTGAGEE, in fvch comp+ny w comps~~es as ~he MORiGAGEE may d~rcc~; ~nd ~11 ti~~ and w~ndi~o~m in~uranu policies on ~ny of a~d build~nqi, any interat tkaei~ or pa~t thereof. In Ihe s9yrey~te sum ~foreNid or In ~xc~a thereof, ~MII contain .~he usual sta~,dard mor~ga9~s claus~ w such o~her ctau~s ~s tM Matyapee m~y requ~ro, makin~ ths lo~ti under se~d polF~ ues, ~ach ~nd eve~y, payabfe ~o sa~d MORTGAGEE as iq inte~e~t m~y ~ppea~, a~+d each and ~rary iuch po~icy ~hall b~ promp~ly ais y~cd and delivercd to •ny held by uid MORTGAGEE as (ur~he~ ~ecurity to said matpaye dsbt, and, not leu tMn te~ (10) d~ys in advance of the eap~~ation of each policy, to dr livsr to uid MORTGAGEE e renewal thereof, toqelher with • rae~pt fw the•prtmium ot such ~cnewal; and there shall bs no f~re or wi~~dstorm in~urante pl~c~d on any of s~id buitdin9s. +nv intera~t therei~ o~ parl thereof, unle?s in the form and with tF» loss payable as aforesaid; and i~ the ev~nt any ~um ~E e~eney b::r..-rs payable vnder a~,cA aol~cy o~ po~~uaa said MOkTGAGEE fhali havs the option to receive and ~~~y ~he same on accoum of rha indebted- nets secuted hereby or ro permit said MORTGAGORS to rKeivs and uss it Or any parl thercoi Iw othcr purposrs. w~tlwut th,rcu~ wmvnig or in+pa~r- ing a~y equity, lien w right under a by virtus ol this mo:tyayej ~nd in ths event said MOitTGAGORS shall fa any reaton f~il to kaep ~he said p~emiui so insured, or fail fo deliver promptly a~y of said pOiicies of insurancs to said MORTGAGEf, or (ail promptly 1o pay fully any premwm therefor or i~ any re~peU (ail ro palwm, disch~~ge, eaetute, effect, comp~ete, comply with and sb~de by this covenanf, w+~y par~ hrreo(. sald MORiGAGEE may p~+ce a~d pay fw iuch inaurance w+ny part thereof without wsivi~y or affeclinq any option. lien, eqv~iy, or right under w by virlue o1 thi~ Mafqiy~, and tht !uIl amouro of e~ch and s~ery such paymero shall be immcdiately due and payable and shall bear in~erest from the da~s thereof un~il paid at the rate o1 mne per cenwm per annum and to~elhe~ with suth intere~f shall be sccured by Ihe iien of this mottysge. 1, To p~rmit, commit w su(fer no wasts, imp+i~rtxnt or dNeriwation of iaid property w~nY parl 1ha~eof• S. To pay ail ~nd sinpular the cost~, ch~rqes and expenses, irxluding a reasonable atto~ney's fee and costs of ab~tracts of t~tte, incurred or pa~d at a~y time by sa~d MORTGAG'.E, because a in the event of the failure on the pa?t of the ssid MORTGAGOR to duly, promptty and fully periorm, d~scharge. execute, effed, complete, comply w~th and ~b:de by ea:h and eve?y the stipulat~ons, agreemenb, condit~ons, and covenan~s of said pTwnissory note and th~~ ,,,o~t9a9e sny or ei~her, and se:d coa?s, charges and expe~ses, each and evHy, shall bs immediafely due and payable; wherher or no~ rhere be no~ice de mand, attempt to collect w suit pand~ng; and the tul! ~mouro o( each ~od every such payrr+cnt shall bea. imeres~ from the date thereof umi! paid ~t tht r,,re of n~~e per censum per a~~,um; and all said coiis, charges and expenxs incurred o~ paid, topether w~th auch in~e~est, shall be secured by the hen of th~~ mort9ag~. ~ 6. Tha1 (a) in the event of any breach of this Mo+tgaye w default on the part of the MORTGAGOR, or {b) in the event any oi sa~d iums of money herein referred to be not pranptly and folly paid within ~h~~~y (30l days next afte~ the same severatly become ~ue and payable, w~~hout demand or notice, ~ or (c) in the eve~t each end every the stipulations, agrecment~, conditions and covenants of sa~d p~om~ssory note and th~s mortgage any w either are no1 _.i.. __.a a...ti..,,~ .......1 .ifKtrd. como!eted. comolild with and ab~ded 5v, then in e~ther or any such event the said sg :;i~i. Mi'vTF...~ u:.u -'-i'_• . grcgate svm mentioned in said pran~ssay note fhen remaining unpa~d, with interes~ accrued, end ell moneYS secured hereby, shall become due and pay ab:e forthwith, w thereafter, st tF~e oprion of sa~d MORiGAGEE, ss fully and comp~e~ely as if •11 of the sa~d sums of money we~e or~g~n~lly st~p~la~ed +o be pa~d on such day, anything in sa:d promiuwy note w in this Matgage to the contra?y notwithatand~ng; and thereupon or therea4ter a~ ~he opGO~ of ' s.:~d MORTGAGEE, v~~~hout no~~ce or demand, suit at law or in equity, tl~erefwe w thereafrer begun, mey be prosecuted as if all moneys secured hereby had matvred pr~w to ~q matitut~o~. 7. ihat in Ihe event that at the beginning of or at sny time pending +nY suit upon ~his Mo~tgage, or to fo~eciose it, or lo refwm it, or fo enforcr paymero of any claims hereu~dor, said MORTGAGEE sMll apply to the Cou~t having jurisd:dion thereof for the appo~n~ment of • Rcteiver, fuch Court ?hell fwthwith appo~nt a receive~ of ~aid matgaged property all and singular, includ~ng all and singulsr ~he income, prc1A~, issues and reve~ves lrom wfirtever :o~rce derived. each and every of wh~ch, it be~ng expressly understood, is htreby mor~gaged as if specdically sel fath and desaibed i~ ~he gronting and h,bendum clauses hereol, end such Receiver shall have ell Ii+e broad and effective funct~ons and powers in anyw~se entruated by + f.ou~t to s Receiver, and s•, ch sppointme~~t shalt be made by such Court as an admitted equity and a matter of absolute right !o said MORiGAGEE, ~nd wi~hout referente to the adequacy a inadeq~rcy of thr value of the property ma~gaged or to the solventy o~ insolvency of ss~d MORTGAGOR a tAe defendants, and that such re~ts, prof~rs, irxome, iasues a~d revenues shaU be applied by such Receiver accord~rg to the Gen or equity ol said MORTGAGE': and the practice of sucA Court. 8_ To duly, promptly and (ully pcrform, dixharye, execute, effect, mmplete, comply with and abide by each and evcry the stipulatio~s, agreements, conditions and covcnents m sa~d promissory note and this mwtgsge aet forth. 9. That in the event rhe ownership of the mortgaged p~emises, or any peA tixreof, becomes vested in ~ prson other than the MORTGAGOR, tF+~ hlORTGAGFE, its success«s +nd ass~gns, may, wiihout no+ice to the MORiGAOR, deal with •uch successor w successw in inte~est with refere~+ce to this ~orrgs~e and the debt hereby secured in the same manner as with Mortgagor without in any way vit~ating p d~scha~ging the Mortgagori lisbility her,r u^der p up~n the debt he~eby secured. No ule of the premius hereby mortgaged and no fwbearance on the part of the MORiGAGEE w its successors . o. assigns and ~o exse~s~on of the time (o~ the paymem of the debt he~eby secured yiven by the MORTGAGE'_ or its tuccessors or au~gns, slull operate i ro re~eaae, d~scharge, mod~fy change or affect the orig~nal liau~fity of Ihe MORiGAGOR herein, either in whole a in pa~t_ 10. It is speuilcally ag~eed that t~me ~a of the essence of this contract a~d that no w+ive? of any obt:gat~on hereunder o~ of ths obli~ation se- cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add t~o~ to the forego'ng monthly payments of princ pa! and interest required by the prom~ssory note secured hereby, mortgsgor covenants a~d aqrees ro pay to mo-tgagee v~ith each monthly payr,zent an add~rional sum esNmated by mortgagee to be equal to 1;' 12 of the annual cos~ of the follow- ,~.g: A-Atl real prope~ry taxes kv:ed w asussed agSi~st the above described real estate. ,I ' B-P~en,.u~ns on 4~.e and windsto+m insurar.ce as herein ~equ:red to be carried on thr lmp~oveme~ts s:tuate on the above described premises. i C-PreT•wms on such mor~gaye guaranty irsurar,ce as mortgagee shall from hme to time deem fit to carry on ihe ~oan secured hereby. Mortoagee sFa'! from time to time norify mortgagor in writ;ng o~ the amoum d~e and payable hereundrr and such sum shall thereupon be due •nd :.jyable o~ tF,e d~e dafe of rhe next monthly payment and each successive mo~?h thereafter ur.tit mwtgagee shall notify mortgago? of a change in such _-~oum. Such sums sha:: be app~ied by mortgagee toward tFx payment of real p~openy taxes, insuraoce prem:ums, and mwtgage guara~ty insurance ;,•emium3. ~ ~PJ WfTNESS V~MEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year (irst sfwesaid. / l~Siyned• ted and ' ered in the presenca of: ~ •n - ~•n ~ _ s«n rse.q S1ATE OF FlOR10A ~ ` ST. ~~~,yTM ~ St. Lucie , Befwe me penw~a~~y appeared RQgia D. 2refelner ,~d Geaevieve Z=~@iT1~! his wife, to me well known and known to me to b~ t~e irw~ividwts deu~Ebed in and who executed the foreyarg instrwn~nt, ~nd acknowledged befwe me that tFay executed the same fw the purposes ~ke.ein exp~essed. And the said Ganevieve S• T!@~@111@1 o~ ri+. .~~d - R~yis D. TrQfe~ner ,,~,?.r. ,?~d a~~.~. e.aminat~ by me taken separate and apart from her said hvsband, ~dcnowledqed to and befo~e m~ that the executed sa~d instrument, freely and voivo- ra..iy and without any compulsion, co:utraiM, apprehent w fear of or from her said husband. K'lTNE55 my hand and offiu+l seal this day of t@IIb@Z A. D. 191~ ~ri f K _ Nota ~bGc in ~nd fw tM_Stat~ of F{orid~ d l~r~e My mission expires: . / f/ 7~ Return To: .~ir..f - _ _ _ _ _ ~ _ _ firat Federd Saving~ b Loan /usociation n' ~1~°[. ~(iS1t p{ R - Of fort P~erte. :f~ ~ ~.C'~~M ~~~~r ~ ` - ~ ~ ~lwlw ~ ..rr c~ n ~ Fort P~erce. Flwida ~ 'J - - f , . - j . : . _'~t - ~ . ~ " _ - ~ - ~ ~ ~ ~ = ~ F~~o `Ar,o R~coao~o~ This Instrument Prepared ey Richazdr K. Kay~s ~ i U~~:= ST. LUCIE COUNTY; FLA:' First Federal Savings b loan Association f Q~ RECORD VERIFIEO • of Fort Pierce~ Rlorida - . , ~ ~ . ~ 198544 Checked By f. '10 SEP I~!1 IO ; q6 o R ' ~O~c.~.,[.~~ . BOUK18~ VACE ~~i CIERK CIftCU1T CD!lRTJ _ ~ , S - _ _ _ _ y':'~