The URL can be used to link to this page

Home My WebLink About0339 ; . 3. To pl~c~ and cominuouely ke~p on ~FN bu~!d~nps now a herea(tN ~iw~t~ o~ said land ~nd on all eqvipment and pawn~ily covered by Mis mort~ ap~, wilh ~II prtmium~ Ihereon p~id i~ (ull, (iro in~ur~nts in the viual irandard po~Ky lam, fe~ ~ sum approvad by the MORfGAGEE, ~nd wind~tam iruwanc~ in tM uswl pandard pol~cy fam, in • ium ~pprov~d by ~Fw MORTGAGEE, In i~ch company w compsnies ai the MORiGAGEE may d'u~dt ~nd ~II tir~ ~nd windstwm iniuranc~ policis~ on any ot ~aid buiW~npt, ~ny Inter~st thtr~in w parl Ihereof, in tM a99re9are ~~m ~fa~wid or In ~xc~a the~eof, ~hall conlain ~M ~swl iundard mat9yN clauq w such other claus~ ~i tM Mat9ape~ m~y requ~r~. maAinp tM losi ~~de~ sad po~6 cies, each ~nd ~v~?y. paYable to ~id MORTGAGEE as its in~eresf may ~pp~u. and ~ach and ~vay ~~rch policy thall b~ promptty ~~s.gned a~d delivared to ~ny Mld by said MORTGAGEE ~t (wthsr secv~ity to s~id morl9ay~ debt, ~nd, not leu thsn ten (101 days in adv~ncs oi ~he expiration of each policy, ~o dr (ivN lo tsid MORTGAGEE • renewal thersof, top~IhM with a reteipt fw tM prNnium of ~~th rsnewals +nd the~~ ~hall be ra fi~s or windstorm in~urant~ pl~cid on ~ny of said buildinps. ~ny intere~l ther~in or put thereof. unle» in 1M fonh ~nd with th~ loss pa~abl~ ai af«esaid; ~nd in tM ewnt ~ny tum of moMy becon»s payabl~ undK iuch policy or polici~s s+id MORTGAGEE ihall Mw ~M option ~o receive a~+d apply the same on accoum of the indebted- ntu secvred MrOpy O~ ro permit said MORTGAGORS ro recsiw and W~ it a any~ parl Ihercoi far othc~ purposes, ~viihout tha~ro/ waivi~r3 ot ~mpair- inp u+y puity, li~n a rqht unde~ a by vk~w oi this mort~a~~; ~nd in th~ ~vent taid MORTGAGORS shall tw ~ny reasan fail 1o keep ~he ~aid p~emi~es io ins~red, or f~il b d~liver p~omptly +ny of wid polities of insurant~ to s+id' MORTGAGEE, M fail promptly to pay (ully any premium therelor q in any ~e~pect (ail to pKfonn, d~uhar9e, execute, ~ffed, complete, comply with and abide by this cove~ant, w any part hereof, ssid MORTGAGEE may pl~ce uK! pay fo? tuch inwru~c~ w any part tMroof withoul w+lvinp or a(feclirg ~ny option, lien, equity, or right unda or by virtw oi this Mort~a~e, ~nd the full amount of each ar+d tv~ry tuch paymeM sh+ll be immedi+tely dw +nd p+yabls snd shall be+? interesl from 1hs date the~eof until paid at ths raq of nins per cenr~m pN annum and togetAer with such intaest shali bs secured by the lien of thii matpsge. • To p~?mit, commit or suffe? ~o wut~. impairmeM a deter'ar~tion of sa~d property w any part thereof. 5. To pay ~11 ~nd unpulu the costs, cherpes ~~d expN?ses, including a reawnable at~wney's fee and costs of sb~tracts of title, incurred or paid at sny time by said MORTGAGEE, because or In the eve~t of the failure oe~ tha part of tF+e said MORTGAGOR to duly, promptly and fully perform, d~uherge, execute, tffect, complet~, tomply with and ~b:d~ by each ~nd every the stipulauona, agrecments, conditions, arx! coveoants of seid promissory note and this mortpap~ any or either, and u~d costs, cMr9es u?d eapenses, eacA a~d every. ihall be immediately due and payable: wAe~her a not there be notice d~ mand, attcmpt ro colkct w ~uit p~nding; snd the fvll amount of esch and every such paymeM shall bea~ inte?est from the date thereof untit p~id ~t tht ~ate oF nine per ccntum par annum; and all said costs, cMr9es and expenses incurred w paid, together w~th such interest, ~hall be sec~red by tF+e lisn of thu maty~• 6. llNt (a) in the event of any breach of this Matgspe or defaul~ on the psrt of the MORTGAGOR, or (b) in fhe eve~t any of satd s~ms of money herein referred to be not promptly and fvlly paid wi~hin thirty (30) deys next after the same severally become due a~d payable, wi~hout dem+nd w notice, o~ in the eveM each and every the stipulations, sgreements, conditions and covcn~nts of sa~d promissory note and th~s mor~psge a~y a eitiier ue nw iuly. prompNy and fully perfamed. d~scharged, executed, eifecrxd. completed, complied with and abided by, then in either w any such event the said ag gregate wm menta~ed in said promissory note then remaining unpa'd, with interest acuved, and all moneys secured hereby, sha~l become due and pay- able forthwith, w thereafter; at the option of .said MORTGAGEE, as tvlly ~nd completely as ii all of tix wid wms of money were wiginally it~pulated te be paid on such day, anything in ss;d promissory note or in this Mortgage to the contrary ~+otwithstsnding; and fhereupon or thereal~er at the op~ion of said MORTGAGEE, without notice w demand, svit at law w in puity, ther~(ore w thereaftcr begun, may be prosecuted as if all rtwneys secured hereby had matured prwr to its iratitution. 7. Thst in the event that at the beginning of w st any time pe~ding any wit upon this Mwtgage, w to foredose it, w to refwm it, o~ to enforq payment of any claims h~reunder, ssid MORTGACaEE shall apply to the Co~rt having jurisdiction tlx~eof (a the appantmen~ of • Receive~, tuch Court shafl forthwith appoint a receiver of said mortgsged property all and singula?, inclvdmg all and singular the income, profits, iuues and revenues from whatever tovrce derived, eath and evcry of which, it being expreuly ~nderstood, i~ hereby mwtgaged as if spetifically set iwth and destribed i~ the granting and habendum clauses hereof, a~d such Receiver shall have all ~he boad and effective funct~ons and powers i~ anywise e~trusted by a Cou?t to a Receiver, and such appointmenf shall be made by wch Cowt as an sr~mitted equity snd s matte? of abwlute right fo said MORTGAGEE, and without reference to the adequacy w in~dequacy of the wlue oi the property mortgsged or to ~he~ w:verxy or insolvency o( said MORTGAGOR w the defendants, and that such rents, profits, income, iu~es and revenues shall be applied by such Receiver accwding to tM lien or equity of iaid MORTGAGEE and the practice of such Court. 8. To duly, promptly sr+d fully perform, dixharye, execute, effect, complete, comply with ~nd abide by each snd every the stipulations, agree~nents, conditions and covenann in said promissory rafe and this mwtgage set fwth. . 9. That in the event the ownenhip d the mwtgayed premises. a any part th~reof, becomes vested in a perso~ other than the MORTGAGOR, the MORTGAGEE, ib successors ~nd aui~ns, msy, without notice to the MORTGAOR, dea! with such succeuw w successor in inierest with refere~ce to this mort9age and the debt hereby secured in the same manner as wifh lNwtgsga without in any way vitiating a diuharging tFK Mwtgagors' liability~ hera unde~ o~ upon the debt hereby secured. No sale of the premises he~eby mortgaged ~nd no fwbearance on tha part of the MORTGAGEE w its successors or augns and no eatensan of the time fw the paymem of the debt F?ereby secured given by the MORTGAGEf or its iuccessors or suigns, shall opsrate to rolease, d~sth+rge, modify chuge w affett tha aiginal IiabiGty of the MORTGAGOR herein, eitlxr in whole w in part. 10_ It is specificaliy agreed that time is of the esxnce of this contract and that no waiver of any obligst~on hereuncier w of the oblipation se- curcd hereby shall at any time thereafter be held to be a w~iver of the terms hereoi p of the Instrument secured herby. 11. In addifio~ to the iorego:ng monthly paymeMS of p~in~ psl and interest reqvired by the promissory nore secured hereby, mortgagw covenanti and agrees to pay ro mortgagee with each monthly payrnent an jddi~ionsl sum estimated by mortgsgee to be equal ro 1/12 of the annual cost of the foliow- ing: ' ' A-All real property taxes (evied or assessed agai~st the above desc.ibed resl estate. ~ B-Premiurtu on fire and windstorm inwrance as herein ~equ;red to be carried on the improvements sitvate on the above deuribed premises. C-Premiums on wch mortgage guaranty insvrance as mortgagee shsll from t~me to time deem fit to carry on the ban secured hereby. Mortgagee shall from t~me to time notify mortgagor in writirg of the amount due and psyable he?eunder and such wm shall therevpon be due ~nd payable on the due date of the next monthly payment and exh successive month thereafter ur.til mortgagee shall ratify mortgagor of s cha~ k~ such ~ amount. Such sums shall be applied by mortgagee toward the paymenf of real p~operty taxes, insurance prem:ums, and mortgage guaraMr - iifNi?anct ~ p?emivms. . ~ IN WITNESS WHEREOf, the s id MO GAGOR has hereuMO set his hand and sea) the day a year first a~uesaid. , ' . . lad a deli i t prasence of: tu~i - ~ f LEO ; ~ ~ I i~.lllC ND R_ C~~ c,rL.,~e ' fE COu~~~ RocEa ro~nu~ J ome Stabi 3.s~ ~ CIEitK CIRCUIT CW c ~ y.'~'` . - • _~6'. ; • QECOIID YERIFIED r'='~'=*" . ~ ~ ~ ~ ~ ~ '~tF ~ • 'V ~t, ST TE OF FLORIDA ~ IO IO ~ ~ ~O i ,{~`t~' St. Lucie ~ 2Ca~~0 =,~_s• ~ ~~o:= ourm of ~fae ~ „ Jerome Stabile, A sinRle adult '~%;_~,si~~• ~s;,•'~ ~~.r~u~ . P~b^+ Y +PP~ ~~xx7[x7c7[x]cxxx~txx ]U[J[X]CXJCJC.XJUUCJC)CJC]UC7Cx~eaeieg[ n,e ,,,,e~~ koown and k~wnni a n+s w b. the i~uGridual~Cdewibed in artd who executed tF~e f«eyoinp instrwnent, and sckr?owkdged b~fore me that~ ~aecuted the same for the purpotes H+erein e:pressed. ~7~7~ JC]C]CJC7CJUUCJCJUCJCJC.7C]UUC.)pqCX]C7UC]CJCJC z~~ 7CJC]UCJC7C R ~XlC . WITNE55 my h~nd and offkisl ~eal t' - NOV mber a o. ~9 70 ~ e ~ ry ublic in ~nd for the St~te of Fforid~ at luq~ ~ y Commiuion expites: Return To: firsf Federal Savinps d~ los~ Association Of Fort P~erce. ~,(~7~RY F4.+Li~. S~~1T OF fLOR1oA Port Pierce. Flwida ~(;i~ti`~~.if,~lON EXPIRES'NOY. 18~ ' ,;~;.:.=D TuROUGH FREO 1Y. n~~AT[LMOR~ This Instrument Prep~red By J. D. Cha s ta in ~ First Federal Savings b Loan Associatian of Fort Pierce~ Florida Checked By 600K 100 PACE g ~ ~ , . , ^ ~ ~ _ _ ~ ~ - ~ ~~~r~~~~ ~ c ~