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Home My WebLink About0127 To plx~ •nd conr~nuously kkp on el+e bu~!d~nps now o~ her~afte~ f~tv~t~ on ia~d land ~~+d on ali cqu~pmcnt •nd personally co,rered by ~hii mw~¢ y~. w~~h ali prem~u~ni ~hersa? pa~d in full, fire in~ur~nc~ ~o ~M wwi sundsrd po!~cy lorm. in a wm •yyrOVed br ~he A~OR,GAGEE. u,d w~nds?am iniwanc~ in tM uswl ~tanda~ po~~cy ~an4 in a sum approv~ by ihe MQRTGAGEE, in ~~ch canpa~y or c«~pan~es at ~he 1NORTGAGEE msy directj ~nd all (N~ ~nd wi~dstorn+ inswant~ polit~e~ on ~ny oi s~id build~nyt. any interost thercin w parl lherecl, i~ Ihe ayg~eg~te wm afwes~id w i~ ~aces~ Ihereof, sMll conrai~ tl» uswl tfanda,d ma~9+pe~ claus~ a such o~hsr cl~us~ ai ths Matqayce may ~equ~re. meA~nq ~1,e loss u~.dr sa~d poti- cie~, each and.~ve.y, p~Yabk ~o uid MORTGAGEE ~s ~t~ ~n~e~est may ~ppe+r, and each and arery such poticy shalt be promp~~y a~syned a~~d deliYered ~o ~oy held by sa~d MORTGAGEE ~s (ur~Mr security to uid nwrtyaQ~ dtb1, and, no~ kss ~han ten (t01 daYi in ad.•ance of ~he e.p~rano~~ of each paGCy, ~o de- liva /o Nid MORTGAGEE • r~newal Ih~rwf, to~thN with • reteipt for ?he p~emium of suth rs~ewat: and thrre ihal! be no Lre or wmds~o~m inwronce plKed on ~ny of said bvildinys, any interqt therein Or put thereo(, unleu ip the. form and wnh the loss payeble as aforetaid: a~d in the evenl any fum of nwney bccanef p+yabk w+der such policy or polKiy sud MORTGAGEE shall have ~he op~~on to recr~ve a~~d apply the w~ne on account o1 the indab~rd- n~u secu~ed hereby o~ w permi~ a~d ~MORTGAGORS ro receiw ~nd use it or any pa~t ~ix«I ior o:~~~~ Hw~ os~s. .~~iho~e 1~1.'~t J/ 'N31v~ 1~ o. ~~n~~~.- i~p any equity, IiM w riyht u~? a by v'vtw of thiu mo:t~a9e: and in the event ~aid MORTGAGORS shall fw any reasa+ iail to keep the ta~d p~emisrs so insured. o~ (ail ro de~iva p~oi*~ptly sny of said policies ol iosurante b said MORTGAGEE. w!aJ promptly to pay fvily any premwm tnerefw w in anv respect fail ro pe.iw~n; d~uhar~e, execute, eff~ct, comptete, comply wirh and ab~de by Ihis covenant, a ~ny par~ hereol, w~d MORTGAGEE may p~~ce and pa~ fo. suth inswa~K~ oc +ny W?f th~reof without waivinp o~ afiattinp any option, lien, equity, or rigM uncie? a by v~rtus of ~his Ma~gage, and the ~ full amo~nt o( each and evsry iuch p~ymee~t ihall be immed~~tely dw and payable and shall bear inte~est from tM date thereof until pa~d at ~he rare oi ~ nin~ per centum pa an~um ar?d togetlx~ with such interest shalf be secwed by the lien ot this mortg~ge. F i To permit, commit w suffer no waste, impairmeM w dNerioration of said p?operty a any part thereof. ; , 5. To p+y all aed sinpulx the cosn, cMryes and expanses, including ~ reasonable attaney's fce and cosrs oi abs~rects o( t~tte, incurred or paid at any tune by s+id 1NORiGAGEE, bacwse w in tAe event of the fa~lure on the part of ?he said MORTGAt'„OR to duly, pra.,pHy and fu~ly pe~fwm, d~scharge. execute, eftecf, complet~, comply w~th and ab~de by each and every the st~pulaf~ons, agreemems; condltions, and covanan~s of sa~d pro:n~asory nore and this mort~a~e ~ny or eithe~, u+d sa~d costs, thu9d u+d exp~rtses. each and every, shall be immcdiatety due and payable; wherher w no~ rhere be no+~ce da msnd, ~ttempt fo tolkct or suit peod~np; snd the full amount of each and every such paymcnt shall bea. interes? lrom the date therrof until paid at the rate oi nine per centum per an~ium; and all said costs, charyes end eapensea incurred or paid, together w~th such intcrest, shall be secured by the I~to oi th~s mortpay~. 6, flwt (a) in ?he evant of any lxeath of this N4ortgage o? default on the part of the MORTGAGOR. or (b) ~n the eve~t any of satd sums of money herein refierred to be not promptly and fully paid within thirty (30) day~ neat aiter the same sevcra!!y becon:e d~~e and peyab~e, wiihout dem.and or notice, or in the ewnt eath ~nd every the stipvlatiw?s, agreemeots, conditions and covenants ot sa,d promissory note and th.s mortgage aoy or either are not ~uty, prompr~y a~d fvlly perfamed, d~scF~arged, executed, effected, compkted, compl~ed with and abided Sy, then in e<<her oe any such evero the sa~d a¢ gre~ate sum meManed in said prom~sso?Y note ?he~ remaining unpa~d, with interesl accrued, and alt moneys secured hereby, thatl become due and pay able fwthwith, a thereaftm, at the option of said MORiGAGE~, as fully and completety as ii all of the said sums of money wrre or~ginally st~pulated to bs p+~~d on such day, anything in sa:d promiuory note w in this Mwtgage to the controry no~w~~hstand~ng; and ~hereupo~ or thereafter ai the opf~on of said MORTGAGEE, without notKe or demand, suit at law « in eQuity, therefwe a thereaiter begun, may be prosecuted as if ail moneys secured hercby had maWred pr~a to As iMtitutio~. 7. That in the event that ~t the beginning of or at any time pend'+ng any suit upon ~his Allw~gage, or to foreclose it, or to reform it, or to ento.ce paymenl of any tlaims 1u+eunder, said MORTGAGEE shall apply to the Court having ~unsd~dion thereof ia the appoinpnem of a Rece~ver, such Cou~t shall forlhwitA sppoint a receiver of said mort9aged prooerty all and singutsr, includ~ng all and singular the income, prof~ts, issues and reve~~ues from whatever source derived, eath and every of which, it beir~ eapressly undcrstood, is hcreby mortgaged as if speuiicalty set fonh and deuribed in the g~an~ing and habendum clauses hereof, and such Rece+ver shall h~ve ~II the broad and effective funct~ons and powers in anywise entrusted by a Co~rt to a Receiver, and s~.ch appointment shall be made by such Cou~t as an admitted equity and a matte~ of absoiute right fo said MORTGAGEE, and w~thout reference to the adequaty or in~dequacy of the value of the property mortgaged or to the so~vrncy or insolvency oi sa~d MORiGAGOR o~ the delendants, and that suth re~rs, prof~n, income, iuues and revenues s}?all be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such COUrt. 8. To duly, promptly snd fully periwm, discharge, execute, effect, tomplete, comply with and abide by each and every the stipulatians, agreements, cond'nions and coven+nts ~n sad promissory note and th~s mortgage sN fwth_ 9. That i~ the event the ovr~enhip of the mwtgaged premises, or any part thereof, becomes vested in a perspn other than the MORTGAGOR, the MORTGAGEE, ~n succeuo?s and auigns, may, without notice to the MORTGAOR, deat with such successor a s~aessor in interesf with refe.ence to this ~ mor~g~ge a~d tFx debt hereby stcured in the same manner as w~~h Mortgagor w~thout in any way vitiating w d~xharqing the Mortgagon' liability here- ~nder a upon the debt hereby sec~red_ No'sale of the Frem~xs hereby mo~tgaged and no forbearance o~ the part of the MORiGAGEE w its s~ccessors ~ or assg~+s and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEf or its successors or assigns, ahail operate to release, d~scharge, mod~fy change w affect the wig~nal liab+lity of the lNORTGAGOR herein, either in whole or in pa~t. ~ 10. It is speufically ag~eed that time is of the essrnce of this comract and that no wsiver of any obl~gat~on hereunder or of the oblgation sr t cured hereby sMll at any time thereafter be held to be s waiver of the terms hereof w of the instrument secured he~by. s i 11_ In add~tio~ to the faego:ng monthly payments of princ'pal and interest requ~red by the prom~ssory no~e secured hereby. mortgagor tovenants ~ and agr-es to psy to mortgagee with each monthiy payrnent an add~~ionsl sum es~;~~ared by mortgagee to be equal to 1, 12 of the annual cost of the follow- i ' 1 A-All real ~woperfy tsxes le~~ed or assessed againat the above deuribed real estate. B-Prrm~u+ns on fire and windstorm insurar,ce as herein requ;red to be carried on the ~mprovements s~tuate on the above described premises. C-Premiyms on such mortgage guaranty insutar~ce as mortgagee shall irom ume to time deem fit to carry on the loan secured hereby_ ~ Mortgagee sha:l fiom sime ro t~me notify mortgagor in writing of the amouM due and payab~e hereunder and such sum shall thereupon be due and Fayabk on the due ciate of the ~ext monthly payment and each success~ve month thereaiter ur.til mortgagee shall notify mortgagor oI a charr~e in such j amoum_ Such sums s~ai~ be app!ied by mo~tgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ premiums. ~ i ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesa~d. ~ ' ned, Sealed and delivered in the presence of: ~ t ` Seaq ~ (Sean / csNn ~ STATE Of FIORIDA ~ $ti• ZI1C~6 ~ COUNTY OF Befae me perw~ally apReared Benneth Proske ~1~I~Ad ~'O8~ his wife, to me weN tcno~,nn and kAOw~ to me to be the indiriduali dcwibed in and who executed the faego6ny instrument, and acknarvledged before me that they executed. 41u~ q~~; ~ tM purposes ~ ?~h'~~ . rhereM expresxd. Ard the said ~1d2~@d ~1'03~C@ .:,4 i- genneth Proske ` w~fe of the said ,~ppH a'yp~s~ and priwt~ e~am~nsYron by me tsken separa~e and •part from her ssid husband, aclcnowledged to •nd befo.e me that she exenite~s ~~•11?e~1. M~ vofun- r._r~ly and w~thout sny compulsion, constraint, apprehe~sion, or fear of or irom her ssid husband. ~ ~~:_;j;: i' ^ 7n ~ WlTNESS my hand and officisl se~l thi• 22C1d day of ~ ti~ }1. D: 19~ ~ , . ~ - Notary Public in ~nd (W~~Sj Erorid~~ • ~ My Comm~ssio~ eapires: g~•~~; ~ Ret~rn To: d~~~ ~ ~ Firat Fedcral S~vings 8 loan Associst~on FiIE~ 1~N~ f{ECiORp E0 ~~~5~" ~~y n of co~r v:k~cr iT. WCIE COUNTY fLA. ~ ~ Fwt D~erce, Flor~da ROGER POITRAS ClERK CIRCUIT COURT ~ NECORD VERIFIEO,~~ This Instrument Prepared By RfChstd 1C. 1C~ 12 ~2 ~ PM.~Q First Federal Savings 3 Loan Association 2C~2409 ~ of Fort Pierce s F'lorida Checked By - ~ ~ ~ 0 R~v~ PACE 1~~ pa ~ ~ ~ ~OOK ~ , ~ - - - r ~ ~ ~ , _ _ ~ : . _ ~,~:s-~~~~.~_~~-~~.__r,. .