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Home My WebLink About1706 3. To a~ace •nd con~inuou~ly keep on ~hs 6uildingf now or hareaitp ~!tuN~ o~ sa~d I~nd cnd on s!I equiµment end pe~~one~iv covered by lhis ma19- n9e, w~~h •II premwms thrreo~ pa~d in fuil. Ihc insurence ~hs u~uai ~~a~dard policy form, i~ • sum appravod by thc MURt~,A(;Ei, a~~d vvind?~onn lnsvrance in ~h~ u~w~ t~anderd po~~cy (oim, in • sum •pproved by 1h~ MURiGAGEE, in ~uch tomp~ny or ca~~~~a~ue~ ns ~he MOkTGAGEE may d~r~cr, •nd ~11 lir• •nd w~nds~orm insuronce potic~e~ on ~ny ol ~s~d build~np~. •ny inler~~l Ihcrein o~ ~,a~t fhcrcof, in ~he egyrry•ie wm afo~esaid w ~n extei~ Me~eof, shal~ co~win ths ~swl pandard mor~fleye~ ci~u~~ or wch o~hcr tlausa ~f Ih~ Mwtp~yee may ~eyu~re, a~eMmq tha b~~ u~~Jcr ~a~d poli- :us, each •nd evc~y. p+~~bt~ ro isid A~ORTGAGEE ss it• intcrctt m~y appe~r, u~d each and evay ~vch poi~cy •hell be p~omp~lY +u y~~cd a~.d dcl~~crcd ~o •ny held by ta~d MORfGAGEE as I~rther ucurity lo s~~d matysg~ debl, and, nof Itsf IMn 1en (l0i deys in sdvance of t6e exp~~ero~, of eech pol~cy, ~o de- Gvs~ ?o ~eid MORTGAGEE a renewal thereo}, topether with • rcce~pt fw the premium o} wch renewal: end the~e ihall ba ~w lue or ~v~~~J~~u~m insurancs plaaed on any ol sa~d buildh~gs. •nv intereit therom w part thereo(, unlcss in tM (o~m and with IM lou payable af efo~e~~id; •nd in Ih~ ev~~N any •um of money beca~ut payabl~ v~~de~ such polity or policies Witl MORTGAGEE shall have Iha ophon to recr~ve and spply 1he sa~ne on eccount ol ~he i~~dnU.d• ne~s ae:u~ed M~eby o+ ~o pern,~~ s~~d MORIGAGURS to receiw ~nd us~ il w any part Ihccrof lo~ oth.~r ~:~~~,os.•s. .~~ihv~t ~h;r~ i~~ ~r.~~v~.y .;i nnpa~~- in9 ~ny eyu~ty, lie~ w r1gM undcr a by virtue ol Ihi~ mor!pa9o; •nd in the •vent wid MORiGAGORS fhell for eny reason (ail to krcp Ihe sa~d premitrf so ~nsurcd, or f~il to delive~ promp~ly any ot ~eid po6ues ol insurante lo s~~d MORTGAGEE, w fad promptly to pay fully any ~+~r~~~~v~n thc~efo~ a i~i a~y ~espec~ I~il to patam, d~~iherfle, eaecute, el(a~, comp~e?e. canply wi~h and sbide by ~hif covtnanl, w any part heroof, ~r~d MuRtGAGEE may p~~ce s~~d pay Ia tuth infure~c~ o~ any pe~t Ihercof withuul waivinp a alfactinq any op~ioo, lien, equity, or ~~ght ~.~der or by vi~we ot this Mor~flage, •nd tAc f.~tl amount o! exh end ~vsry such p~vmem shall b~ immcdi~~ely dua •nd ~+yable a~~d ~hail bcsr imr~est frum the da~s tlurcol unul pa~d a~ ~he rate ol n~»c {*er centurn ~xr ennum a:~d togc~hrr vvith ~uch inte~cst ~hall be sccwcd by IM lis~ ot thif mortye9e. J. To pe~mil, commit or wfler rw wast~, lmpairnxnt a deteriorotion ot sa~d property w~ny psrt thcrcol. S. io pa~ •11 and finyula~ tM cotlt, charpea ~nd expe~ses, i~dudiny a reasonsble •ttwney'f iee and cos~s o( ~bai~ads o( f~~Ie, incur..d or pa~d at any time by ~a~d MQRIGAG:E, btcause a in ~M event of ~hs feilure on ~he psr~ of the ~eid MURTGAGOR to duly, p~umptly end (v~ty pe.fo~~n, d~scharge. r.ecvte; effect, canpfe~~. comply wah and ab~d~ by each •nd every the stipvle+~ons, egreement~, co~diuons, and cove~~ants o1 se~d p~om~.so~y note a~~d ~h~~ nur~9a9e •ny o~ e~iher, •nd sa~d coi~s, tha9e~ end expe~sm, cach and wery, sh~ll be imm~dulely due and payebl~; whether or not ~hc-~e Ix nonce do ~~~~~d. •nempl to toilect or suit po~~d~ng~ N~d tM tull ~~nount of ~ech end every such payment sha{I txs. ~nfcrea~ Ironi fhe date Iherrol u~~til ps~d at the , .,,n- e~ n,ne prr it~~tvm pr~ an~~w~~: and sll sa~d cvs~s, ch~iflcs r~d c~~xnsrs ~nturred w pa~d. ~ogrther w~Ih wch ~n~r~r~t. shail be secw~•d by thc 6rn of th~~ ~ mortqap~. A. That (s) in t!x eveM of any brcath oi thii Mortgaflt w drieuh on the part of the MORTG/1GOR, or (b) in the evcM any o( se:d wm• ol money hrrein refcrrtd !o bc not prom~.tly and tully paid within thu~y e301 days ~ext attrr ~he sa~~+e scvcral;y becane dve and p+yab~e, wu~wut dcr„end or ~ohce, icl in the e~em each and erory ~he s~ipu~anons, egreemeNS, con~mo~u end cuvenam~ of sa.d prom~asury no~e and th,s rrw~tgaye any or e~ther •re nol ivlv. p~anpNy and I~~iy perfw~asd, d.s-h~rged, execured, eifeUed, cw»ptrted, compGed wnh and ab~JeJ ~y, ~hen ~n e~~her w any such evem ths aa~d s9 ~•rgate wm menhOnecl in sa~d pion~nswy note than ranaminy unpa~d, witA interest ewued, and ad ~nonrys secured hrreL•y, ~hatl kxcume dw end pay- ec'e i.::!hwlth, or nc~~es(+er, at ~he opnon of said MORTGAGEE, •s fvlly •~d compterely ss if aIl oi thc safd w~ns ol money wc~e a~gmally •t~pulatrd ro be pa~d on wch dcy, a~~+hir,g in sa d promEsswy note w in this Matpage to the co.vrary notwi:hs~a~~d~ng, end thereu~w~ or thc~ealter ~he opt~o.r o1 s.+~d MORi~3AGEE. v~~cho~t not~te o. demand, su~t at I~w or in equny, therefws o~ thereahe~ begun, may be prosecuted n~t a!1 moneys sccwed hereby nad matured pnw to ~ts ~ns~itut~on. 7. TMt in the event that at the beginn~ng ot or at any time pend~i~y any suit upon this Mortgage, w to {weclose it, o? to re(o~m it, or to cnforce ' paymcM of •ny ds~ms hereunde~, sa~d htORiGAGEE sh~ll apply to the Cou~~ having ~w~sd~a~on thereot for the appo~nt~nem of • Receiver, such Cour~ shall f,~rhwith appo~nt a rece~ve~ of s+id mort9aged prooerty all and siny~lar, inctvd~ng all and s~~~gu~ar the income, p~olns, i?wes and reven~es f~om wh~tever seu.ce derived, eech •nd every of wh~ch, 1t be~rq ezpressly unders~ood. is hereby mo~tyaged as if spec~f~cally set (oith and desuibrd in ~he gro~~ting a~d h.t.endum cl~~ses 1+errcl, a~d s~ch Receiver shall have all tF+e broed end elfective funct~ons end powers in anyw+se entrusted by a Court to s Reccive~, and i, ,h aFpointme~~+ sha11 bc made by such Court e? an admitted equity s~x! a mstter ol •bsolutc r~qht to said MORiGAGEE, •nd w~ilwut referc~~ce to Ihe edeqvacy o~ inadeqvacy of the value oi ~he p•operty mortyaged or ~o ~he sowency or ~nsoivency of sa~d MORiGAGUR a the delenJants, and ~hat such ~r•~+s, prohts, irxo~ne, lssues and revenues shall be eppi~cd by such Receiver accwdu~ ~o the Gen or equity of.u~d MURTGAGEE and ihe prectice oi wch Covrt. 8. To duty, promptty and fully perlwm, d~scharge, execute, effec+, complNe, comply with ~nd +bide by eech and every ~he stiFwtations, egrcements, ;onditio~s snd covenants m ae~d p~omissory note and th~s mortgage set fwth. 9. That in the event the ownership of the mortgayed p~em~ses. o~ any part thereoi, becomes vested in s person other +han the MORTGAGOR, the A'~RTGAGEf. i+s svccesso~s end ass~gm, may, without nonce to ~he MORiGAOR, deal w~~h s~ch successw a s~ccessw i~ ~merest wnh refere~ce to th~s ~v~~gage and the drb+ hereby sec~red in the ssme manner as with Mortgago~ w~thout in any way vit~atiny or d~uharging the Mongagori li+bility hero- :~~der or v~ eM dr6t hereby secured. No ~~le of tF~e premises hereby mortgaged •nd ~o forbeara.+c~ on Ihe part ol the MORIGAGEE w its s~cceuors e- ass~gns end no ex~ens:on of the t~me fw the paymenl 04 the debt h-reby secu.ed qive~ by ~he .•.'ORTGAGE'_ or its successors or ass~gns, .1ia11 operate so rNesse, d~scharge, modify cha.ye o~ affecl ilx orig~nal liab~i.ty of ~he MORTGAGl7R herein, either in whole or in pa~~. 10. It is spec~i~:ally agrecd ~hat time is of the csscnce of this contract and that no waiver of eny obi~gat~on hereunder w of the obligation so- cv.ed hereby sl~ali at a~y time there~fter be he!d fo be a waiver of the terms hereof or of the instrument secu~ed he~by. l i. In add Yo~ to thp forego ng moMhly psyments of print pal and interes~ requ~red by the p~om~ssory no!e secvred her~br, mortgagor covenants ~ ~ .~~•d agrees to ~y ~o reo-t9agee v~~~h each ~no.nhly pay~:,ent an add~rlor~at sum esun,a~ed by mortgagee to be equal to 1 12 0( t~,r annual cost of the follow- 1y 1 A-A!I r~e1 property tsxes le+ied or assessed agai•~st thc above described real estate. i 6-Cr:~*~.,~ ^s on f~re and w+ndsto.m ~nsu~ar~e as here~n requ~red to be carried cvi the im;~roveme~ts sit~ate on the sbove descrit>ed premises. E C-Prem~u~s o~ sucA rr,orfgage gw~anty insurar,ce as morfgsgee shall from fime to t~me deem fk to c~rry on the loan secored hereby. ~ Mortgagec 5~3:f 'rom t~me to hme not~fy mo.tgagw m writing of the amovM due anc! payable hereu~~drr and auch sum shall ~herrupon be due arx! ~.ab!e o~ thr d~e da~e ef the ne~t nwnth!y paymenf and each wccessive month thereafter ur,til mortgagee shall notify mortgagor of a change in such ~ _••~unt. Such wms ~ tx app!ied by mwtgagee roward the payment of real property taxes, insuronce prem,ums, and mortgage guaranty insurance t~~emium3. - ~ IN lY1TNE~S 1h'NfREOf ~he si~d MORTGAGOR has herevntp ~snd a~d seal the dsy d ye~r f" t oresai . S~gned, Sealed a:,d delivcred in the preseoce of: AN0 RECt?RD ~ ~ 1~ ~l~_ ~ .2to,. ST. LUCIE COUNTY. y'~~ RECORD VERIFI ~~a~~ (s~.t) 'l0 OCT ~ PM 12: S °:~P ~ STATE Of FIORIDA ~ 52. WCIB ~J~NTM ~ ~ t`20GER r~01T before me penonafly appeared C~~~~~~ and Josephine Catal~si0 his wiie, to me well known and known to me to be ~he individwts desu~bed in and who executed the fweqoirg instr~mem, and acknowledged before me that they executed the same ~w the purposes rhe=e~e e:pressrd. And rhe said .lOil~flAe Gtal~if0 ,v~fe of the said '~OM~ ~.ita'l~a'~O upon a separate +~d privat~ ~ e=am~nat~ by me taken uparate and apan from her sa~d hvsbend, atkrawledged to and befwe me that she exec~ted said instrument,freely and volur?- ra~,iy and w;thout any compuls~on, constrai~~t, apprehens~on, w fear of w from her said huiband. 5, : ~ WITNESS my hand and officuaf seal this g~_ dsy of ~t~'eY A. D. 19 7O ~x ~~~S.~n /11 `~A Xt3! i ~ Notxy Public in ~~d iw the Sute of Fbrida ~t larpe ' ~ - ~ilp Cort~miuion aapires: ' w•. ~ Return To: ~ `.~~•i~~a~~,,,, MOTARr M1BtIC„ STAT~ Of FLQItIDA AT LIUi6E ~ Fint Federal Savings b loan Aiso:~ar~on ~~i ~ COMMISSION EXPIRES SEPT. 23 1973 • 0. < ~ , ~ BONDED THRU FI~AW `~r+ ~i Of Furt P~e'ce. . ~~~il F ~~WI~7~it o- Fo~t P~erce. Flor;da • f~~ •2~ ~ ~ . C : ' ~ ~~"s .3 ~ _ ~ = Q ' '~`Q~ C1G~j'~ f°`t - ~ [J.f"' = ~ - Q' . , ~ This Instrument Prepared By JOh~t W. ; ~ a~.: ~ F~rst Federaf Savings ~ Loan Association y~., , . ;:,~Y ; , -P: ~ i of Fort Pierce~ Rlosida .,,~c~ ~ AP ~~~~"''n~~ ~~~u ~ ' r ' ~f1CC~cE`d B~/ . ! ~ ~ ~ ~ R b ' ` BOOK~O~ PACE~~ ~ ~ _ . ~ y: , ~sa~'~.c«~.:~~: S'-~~,_;